Providence Country Day School
- Assets
- $8.4m
- Revenue
- $9.7m
- Investments
- $2.5m
- Employees
- 100
- Location
- East Providence, RI
- Founding
- 10/1937
- Data as of
- 06/2021
- EIN
- 05-0258934
Organization Overview
Providence Country Day School is located in East Providence, RI. The organization was established in 1937. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Providence Country Day School employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Country Day 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 06/2021, Providence Country Day School generated $9.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $9.8m during the year ending 06/2021. While expenses have increased by 2.7% 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
THE MISSION OF THE PROVIDENCE COUNTRY DAY SCHOOL IS TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN A DIVERSE COMMUNITY OF STUDENTS IN GRADES 6-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION AND STUDENT ACTIVITIES - TUITION AND FEES FOR ACADEMIC AND OTHER EXTRACURRICULAR STUDENT ACTIVITIES.
AUXILIARY SERVICES - FOOD SERVICES, TEXTBOOK SALES, ATHLETIC SALES, DUES AND FUNCTION REVENUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Folan Head Of School | OfficerTrustee | 40 | $165,075 |
Mark Mclaughlin Associate Head Of School | 40 | $113,114 | |
Kate Farrington Assistant Secretary | OfficerTrustee | 5 | $1,250 |
M Hamza Chaudary Secretary | OfficerTrustee | 5 | $0 |
John Mullen President | OfficerTrustee | 5 | $0 |
David Quinones Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flik Dining Services Inc Dining Services | 6/29/21 | $345,819 |
Superior Construction Group Middle School Renovations | 6/29/21 | $219,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,650 |
| Related organizations | $0 |
| Government grants | $548,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $703,449 |
| Noncash contributions included in lines 1a–1f | $162,559 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,286,149 |
| Total Program Service Revenue | $8,293,395 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $50,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $83,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$187 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,722,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,196,335 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $177,457 |
| Compensation of current officers, directors, key employees. | $56,786 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,872,325 |
| Pension plan accruals and contributions | $39,745 |
| Other employee benefits | $205,597 |
| Payroll taxes | $229,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,265 |
| Fees for services: Accounting | $34,804 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,040 |
| Fees for services: Other | $98,986 |
| Advertising and promotion | $110,126 |
| Office expenses | $117,753 |
| Information technology | $45,591 |
| Royalties | $3,106 |
| Occupancy | $215,520 |
| Travel | $7,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,868 |
| Interest | $144,335 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $425,195 |
| Insurance | $0 |
| All other expenses | $4,575 |
| Total functional expenses | $9,766,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890,336 |
| Savings and temporary cash investments | $4,004 |
| Pledges and grants receivable | $451,914 |
| Accounts receivable, net | $95,686 |
| 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 | $38,395 |
| Net Land, buildings, and equipment | $4,373,548 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,508,256 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,362,139 |
| Accounts payable and accrued expenses | $418,446 |
| Grants payable | $0 |
| Deferred revenue | $989,172 |
| Tax-exempt bond liabilities | $3,109,710 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $20,084 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,537,412 |
| Net assets without donor restrictions | $26,609 |
| Net assets with donor restrictions | $3,798,118 |
| 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 | $8,362,139 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Providence Country Day School has recieved totaling $253,095.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: CENTENNIAL CAPITAL CAMPAIGN; GENERAL OPERATING; PROGRAM SUPPORT | $167,594 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $51,450 |
Essex County Community Foundation Incorporated Danvers, MA | | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,300 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $7,250 |
Jarabek Family Charitable Foundation Fall River, MA PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $1,887,893 |
| Earnings | $653,087 |
| Admin Expense | $19,040 |
| Net Contributions | $70,238 |
| Grants | $83,922 |
| Ending Balance | $2,508,256 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Catholic High School Inc Lawrence, MA | $53,774,234 | $20,404,394 |
Bancroft School Worcester, MA | $41,590,208 | $15,668,076 |
Woodstock Academy Woodstock, CT | $31,824,143 | $19,974,211 |
Miss Halls School Inc Pittsfield, MA | $50,566,747 | $21,121,476 |
Rectory School Inc Pomfret, CT | $61,030,805 | $27,484,393 |
Westover School Inc Middlebury, CT | $114,183,779 | $14,889,393 |
Ridgefield Academy Inc Ridgefield, CT | $32,737,443 | $17,017,349 |
Chapel Hill-Chauncy Hall School Waltham, MA | $22,980,670 | $15,324,002 |
Watkinson School Hartford, CT | $19,091,578 | $12,026,879 |
South Kent School Corp South Kent, CT | $39,417,469 | $14,351,680 |
Lexington Christian Academy Lexington, MA | $40,975,754 | $13,985,164 |
Trinity Foundation Inc Thompson, CT | $23,441,566 | $8,970,650 |