Silverwood School
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 22
- Location
- Poulsbo, WA
- Founding
- 08/1991
- Data as of
- 06/2022
- EIN
- 91-1423631
Organization Overview
Silverwood School is located in Poulsbo, WA. The organization was established in 1991. 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 06/2022, Silverwood School employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silverwood 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 06/2022, Silverwood School generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $990.0k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE AN INDEPENDENT SCHOOL FOR CHILDREN IN GRADES K-6. WE CHALLENGE OUR STUDENTS TO BECOME CONFIDENT, COMPASSIONATE CITIZENS AND SKILLED, LIFE-LONG LEARNERS - LITERATE, MOTIVATED AND INTELLECTUALLY ADVENTUROUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE DAY SCHOOL FOR KINDERGARTEN THROUGH SIXTH GRADE. FOUNDED IN 1984, UPON THE BELIEF THAT CHILDREN ARE INHERENTLY CURIOUS, CREATIVE, FUN-LOVING, AND GENEROUS. THE MISSION OF THE SCHOOL IS TO FOSTER THESE TENDENCIES, AND THAT IS WHAT HAPPENS EVERY DAY. WE BELIEVE THAT THE ELEMENTARY YEARS ARE THE MOST IMPORTANT TIME IN A CHILD'S LIFE, THE TIME WHEN THEY CAN FIND A LOVE OF LEARNING AND BUILD A STRONG FOUNDATION WHICH WILL LAST THE REST OF THEIR LIVES. AN ESPECIALLY COMMITTED AND LOVING GROUP OF TEACHERS ENCOURAGES INTERACTIVE AND INTERDISCIPLINARY APPROACHES TO LEARNING, PAYING SPECIAL ATTENTION TO THE NEEDS OF EACH CHILD. IN THE CLASSROOM, ON THE PLAYGROUND, OR ON A FIELD TRIP, SILVERWOOD STUDENTS AND TEACHERS WORK TOGETHER TO UNDERSTAND OUR WORLD AND EACH OTHER, TO GROW AS INDIVIDUALS AND TO CONTRIBUTE TO THE LARGER COMMUNITY BEYOND SILVERWOOD. SILVERWOOD SCHOOL IS A MEMBER OF THE NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS, AND IS APPROVED BY THE STATE OF WASHINGTON.
EXTENDED SERVICES AND OTHER ACTIVITIES PROVIDED FOR STUDENTS. WE PROVIDE EXTENDED HOURS SERVICES FOR OUR STUDENTS TO ACCOMMODATE PARENT SCHEDULES BY PROVIDING CARE AND TUTORING WITH HOMEWORK. OUR DOORS OPEN AT 7:00AM AND WE HAVE STAFF READY TO WORK WITH STUDENTS UNTIL 5:30PM AT NIGHT MONDAY THROUGH FRIDAY. WE ALSO OFFER VARIED CLUBS AND ACTIVITIES THROUGHOUT THE SCHOOL YEAR BASED ON THE CURRENT INTERESTS AND TRENDS THAT OUR STUDENTS DEVELOP. THESE AFTER SCHOOL CLUBS RUN DIFFERENT LENGTHS OF TIMES AFTER SCHOOL DURING THE WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Roehmhold President | OfficerTrustee | 2 | $0 |
Neal Williams Treasurer | OfficerTrustee | 2 | $0 |
Ryan Marriott Secretary | OfficerTrustee | 4 | $0 |
Matt Hebard Board Member | Trustee | 4 | $0 |
Ryan Conley Vice President | OfficerTrustee | 2 | $0 |
Bj Benson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,169 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,005 |
| Noncash contributions included in lines 1a–1f | $1,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,174 |
| Total Program Service Revenue | $1,028,015 |
| Investment income | $415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,745 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,837 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,169,186 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $123,827 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $540,730 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,104 |
| Payroll taxes | $50,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,023 |
| Advertising and promotion | $1,741 |
| Office expenses | $16,371 |
| Information technology | $16,844 |
| Royalties | $0 |
| Occupancy | $1,250 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,810 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,813 |
| Insurance | $12,207 |
| All other expenses | $33,641 |
| Total functional expenses | $989,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,136 |
| Savings and temporary cash investments | $184,101 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,407 |
| 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 | $0 |
| Net Land, buildings, and equipment | $739,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,379 |
| Other assets | $0 |
| Total assets | $1,236,419 |
| Accounts payable and accrued expenses | $30,341 |
| Grants payable | $0 |
| Deferred revenue | $159,200 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $421,091 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $610,632 |
| Net assets without donor restrictions | $625,787 |
| Net assets with donor restrictions | $0 |
| 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 | $1,236,419 |