Exploration School Inc
- Assets
- $31.0m
- Revenue
- $12.3m
- Investments
- $0.0
- Employees
- 90
- Location
- Norwood, MA
- Founding
- 02/1977
- Data as of
- 08/2021
- EIN
- 04-2601469
Organization Overview
Exploration School Inc, operating under the name Exploration Summer Programs, is located in Norwood, MA. The organization was established in 1977. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 08/2021, Exploration Summer Programs employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exploration Summer Programs 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, Exploration Summer Programs generated $12.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $12.2m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 6 years. 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
EXPLORATION SCHOOL'S MISSION IS PRIMARILY TO OPERATE SUMMER EDUCATIONAL PROGRAMS WITH DIVERSE STUDENT BODIES THAT ENCOURAGE INTELLECTUAL INQUIRY, THE JOY OF LEARNING, RESPONSIBLE DECISION-MAKING AND INVESTIGATION AND APPRECIATION OF THE WORLD AND PEOPLE AND IDEAS. THE ORGANIZATION ALSO OFFERS EXPLO ELEVATE, A PROGRAM WHOSE MISSION IS TO ASSIST K-12 SCHOOLS IN INNOVATING AND BUILDING POWERFUL LEARNING ENVIRONMENTS THAT WILL HELP THEIR STUDENTS THRIVE NOW AND IN THE FUTURE. IN SUPPORT OF THIS MISSION, EXPLO ELEVATE PROVIDES SCHOOLS WITH RESEARCH, TEACHER AND SCHOOL LEADER PROFESSIONAL DEVELOPMENT, CONFERENCES, AND ADVISORY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPLORATION ENROLLED STUDENTS FROM ACROSS THE US TO ENGAGE IN COURSES, WORKSHOPS, ACTIVITIES, AND TRIPS WHERE THEY DISCOVERED THE WORLD OF PEOPLE AND IDEAS, EXPERIENCED THE JOY OF LEARNING AND CULTURAL APPRECIATION. EXPLORATION AWARDED SCHOLARSHIPS AND GRANTS TO STUDENTS WITH FINANCIAL NEED AND PARTNERED WITH VARIOUS ORGANIZATIONS, SUCH AS THE JACK KENT COOKE FOUNDATION AND OTHERS, TO BRING LOW-INCOME STUDENTS TO THE PROGRAMS. FINALLY, EXPLORATION PROVIDED PROFESSIONAL DEVELOPMENT THROUGH ONLINE COURSES, WORKSHOPS, AND TUTORIALS TO 200 TEACHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moira Kelly President | Officer | 50 | $301,145 |
Dave Krijger Director, Program Marketing | 50 | $245,830 | |
Mark Greenlaw VP Of Explo And Executive Director Of Elevate | 50 | $203,065 | |
Amy Robbins Business Manager | 50 | $149,602 | |
David Torcoletti Program Head | 50 | $141,388 | |
Sarah Ruter Program Head | 50 | $141,152 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,675,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,699,251 |
| Total Program Service Revenue | $6,982,320 |
| Investment income | $548,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,620 |
| Net Gain/Loss on Asset Sales | $2,059,923 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,294,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $463,828 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,865 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $581,905 |
| Compensation of current officers, directors, key employees. | $269,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,061,518 |
| Pension plan accruals and contributions | $348,338 |
| Other employee benefits | $233,743 |
| Payroll taxes | $404,068 |
| Fees for services: Management | $230,840 |
| Fees for services: Legal | $8,872 |
| Fees for services: Accounting | $23,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $103,330 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,255,328 |
| Office expenses | $289,614 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,996 |
| Travel | $24,110 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,198 |
| Interest | $143,035 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $239,613 |
| Insurance | $158,077 |
| All other expenses | $516,838 |
| Total functional expenses | $12,186,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,729,393 |
| Savings and temporary cash investments | $1,024,552 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,902,857 |
| 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 | $191,519 |
| Net Land, buildings, and equipment | $3,606,000 |
| Investments—publicly traded securities | $22,365,692 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $156,526 |
| Total assets | $30,976,539 |
| Accounts payable and accrued expenses | $1,572,712 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,497,814 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,070,526 |
| Net assets without donor restrictions | $24,828,375 |
| Net assets with donor restrictions | $77,638 |
| 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 | $30,976,539 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Exploration School Inc has recieved totaling $10,021.
| Awarding Organization | Amount |
|---|---|
Helena Foundation Inc Crownsville, MD PURPOSE: OPERATING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Endowment Analysis
| Beg. Balance | $8,211,033 |
| Earnings | $1,298,170 |
| Admin Expense | $48,290 |
| Net Contributions | $79,646 |
| Grants | $410,552 |
| Ending Balance | $9,130,007 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |