Spruce Street School
- Assets
- $21.6m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 41
- Location
- Seattle, WA
- Founding
- 06/1976
- Data as of
- 08/2021
- EIN
- 91-0963223
Organization Overview
Spruce Street School is located in Seattle, WA. The organization was established in 1976. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Spruce Street School employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spruce Street School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Spruce Street School generated $3.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.4m during the year ending 08/2021. While expenses have increased by 4.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPRUCE STREET SCHOOL IS A NURTURING EDUCATIONAL COMMUNITY THAT INSTILLS IN A BROAD RANGE OF CHILDREN THE SOCIAL, EMOTIONAL, AND INTELLECTUAL SKILLS FOR LIFELONG PARTICIPATION IN A DIVERSE SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPRUCE STREET SCHOOL OFFERS KINDERGARTEN THROUGH FIFTH GRADE STUDENTS HIGHLY PERSONALIZED INSTRUCTION, SUPPORTING THEIR SOCIAL-EMOTIONAL DEVELOPMENT AS WELL AS ACADEMIC EXCELLENCE. AT SPRUCE STREET SCHOOL, WE ENCOURAGE STUDENTS TO ANCHOR THEIR LEARNING IN REAL-WORLD APPLICATIONS, PREPARING THEM TO BE ENTHUSIASTIC LIFELONG LEARNERS AND ABLE CONTRIBUTORS TO SOCIETY. OUR SCHOOL IS COMMITTED TO: DIVERSITY, MULTI-AGE CLASSES, SOCIAL-EMOTIONAL DEVELOPMENT, INTEGRATED CURRICULUM, AND URBAN LEARNING ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Briel Schmitz Head Of School | Officer | 40 | $167,750 |
Jane Davis-Ward Business Manager | Officer | 32 | $69,478 |
Alexa Carver Chair | OfficerTrustee | 2 | $0 |
Anne Szeto-Millstone Vice Chair | OfficerTrustee | 2 | $0 |
Marney Zellers Treasurer | OfficerTrustee | 2 | $0 |
Meaghan Darling Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $154,695 |
| Related organizations | $0 |
| Government grants | $39,692 |
| All other contributions, gifts, grants, and similar amounts not included above | $459,417 |
| Noncash contributions included in lines 1a–1f | $54,118 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $653,804 |
| Total Program Service Revenue | $3,186,777 |
| Investment income | $42,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$72,895 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,005 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,841,689 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $540,770 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $361,075 |
| Compensation of current officers, directors, key employees. | $236,563 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,268,313 |
| Pension plan accruals and contributions | $79,878 |
| Other employee benefits | $80,490 |
| Payroll taxes | $143,992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,627 |
| Fees for services: Accounting | $32,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,353 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,431 |
| Office expenses | $25,360 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $393,166 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,418 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,192 |
| Insurance | $33,367 |
| All other expenses | $0 |
| Total functional expenses | $3,404,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $608,086 |
| Savings and temporary cash investments | $824,572 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $6,765 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $120,870 |
| Net Land, buildings, and equipment | $16,691,474 |
| Investments—publicly traded securities | $3,197,998 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,599,765 |
| Accounts payable and accrued expenses | $54,093 |
| Grants payable | $0 |
| Deferred revenue | $922,481 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $250,000 |
| Secured mortgages and notes payable | $12,080,382 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,845,108 |
| Total liabilities | $16,152,064 |
| Net assets without donor restrictions | $5,402,650 |
| Net assets with donor restrictions | $45,051 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,599,765 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Spruce Street School has recieved totaling $144,648.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $58,861 |
Bruce G Cochener Foundation Wichita, KS PURPOSE: OPERATING/EDUCATION | $50,000 |
The Seattle Foundation Seattle, WA PURPOSE: FOREVER HOME CAPITAL CAMPAIGN | $25,000 |
Vitalogy Foundation Nashville, TN PURPOSE: ANNUAL FUND | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $737 |
Meredith Corporation Foundation Des Moines, IA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evergreen School Shoreline, WA | $54,109,732 | $18,688,724 |
University Child Development School Seattle, WA | $35,789,355 | $15,422,217 |
Seattle Country Day School Seattle, WA | $55,770,404 | $17,470,349 |
St Thomas School Medina, WA | $79,286,782 | $15,883,490 |
French American School Of Puget Sound Mercer Island, WA | $16,865,271 | $13,425,838 |
The Open Window School Bellevue, WA | $36,380,827 | $12,092,167 |
Gresham Arthur Academy Public Charter School Portland, OR | $14,718,484 | $9,208,791 |
Kings Way Christian Schools Vancouver, WA | $6,224,718 | $10,439,261 |
The Bertschi School Seattle, WA | $29,979,926 | $9,759,275 |
Northwest Christian Schools Inc Colbert, WA | $28,921,822 | $10,264,854 |
Meridian School Seattle, WA | $11,104,364 | $8,438,770 |
Santiam Christian Schools Adair Village, OR | $11,670,742 | $5,933,883 |