Mary C Wheeler School Inc
- Assets
- $116.2m
- Revenue
- $35.1m
- Investments
- $3.2m
- Employees
- 564
- Location
- Providence, RI
- Founding
- 10/1948
- Data as of
- 06/2020
- EIN
- 05-0259101
Organization Overview
Mary C Wheeler School Inc is located in Providence, RI. The organization was established in 1948. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2020, Mary C Wheeler School Inc employed 564 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Mary C Wheeler School Inc generated $35.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $34.8m during the year ending 06/2020. While expenses have increased by 2.4% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE WHEELER SCHOOL IS A CO-ED INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EDUCATIONAL SERVICES TO STUDENTS ATTENDING NURSERY THROUGH 12TH GRADE. THE SCHOOL ENROLLED 796 STUDENTS FOR THE YEAR OF WHICH 92 STUDENTS GRADUATED FROM THE CLASS OF 2020 AND 100% OF THOSE GRADUATING PURSUED A COLLEGE EDUCATION. ADMINISTRATION, FACULTY AND STAFF PARTICIPATED IN SCHOOL SUPPORTED PROFESSIONAL DEVELOPMENT PROGRAMS. A STRONG VOLUNTEER GROUP OF PARENTS AND ALUMNI HELPED THE SCHOOL IN ITS FUNDRAISING AND ADMISSIONS ACTIVITIES.
WHEELER SUMMER PROGRAMS PROVIDES EDUCATIONAL, ENRICHMENT AND ATHLETIC BASED PROGRAMMING THAT INTRODUCES CHILDREN TO THE WHEELER SCHOOL AND ITS VARIOUS OFFERINGS. THE 2019 SUMMER CAMP ENROLLED AND AVERAGE OF 240 CAMPERS PER WEEK FOR AN 10 WEEK CAMP SEASON. THE GOAL OF CAMP IS TO EXTEND PROGRAMMING INTO THE SUMMER MONTHS FOR OUR STUDENTS AND INTRODUCE NEW FAMILIES TO WHEELER. WHEELER SUMMER PROGRAMS PROVIDES NON-TUITION REVENUE TO SUPPORT ANNUAL OPERATIONS.
DAYCARE AND AFTER SCHOOL PROGRAMS SERVICE WHEELER STUDENTS IN NURSERY THROUGH GRADE 8. OPTIONS ARE AVAILABLE EVERY SCHOOL DAY FROM 11:30 AM TO 3:00 PM AND FROM THE END OF THE SCHOOL DAY UNTIL 5:30 PM. APPROXIMATELY 84 STUDENTS WERE ENROLLED PER DAY IN AGE APPROPRIATE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Gaines Pell Head Of School | Officer | 50 | $422,176 |
Gary Esposito Director Of Operations | 50 | $242,368 | |
Kathleen Wilson Assistant Treasurer/director Of Finance | Officer | 50 | $178,030 |
Judith Poirier Assistant Head Of School | 50 | $161,572 | |
Neeltje Henneman Head Of Upper School | 50 | $148,224 | |
Young Un Head Of Strategic Innovation | 50 | $141,730 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tremblay's Bus Company Inc Transportation Services | 6/29/20 | $202,394 |
Sage Dining Services Cafeteria & Special Events Catering | 6/29/20 | $662,277 |
Nuvu Llc Educational Innovation & Design Program | 6/29/20 | $139,992 |
Site Specific Llc Building Construction/renovation | 6/29/20 | $2,133,090 |
Student Transportation Of America School Bus Transportation Services | 6/29/20 | $109,444 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,653,867 |
| Investment income | $990,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $114,140 |
| Net Gain/Loss on Asset Sales | $385,478 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,005 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,061,485 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $4,430,283 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $828,879 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,459,046 |
| Pension plan accruals and contributions | $1,046,508 |
| Other employee benefits | $4,261,032 |
| Payroll taxes | $1,265,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,465 |
| Fees for services: Accounting | $58,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $49,462 |
| Fees for services: Investment Management | $67,705 |
| Fees for services: Other | $977,225 |
| Advertising and promotion | $71,252 |
| Office expenses | $560,184 |
| Information technology | $164,727 |
| Royalties | $0 |
| Occupancy | $500,337 |
| Travel | $26,585 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,860 |
| Interest | $40,898 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,564,608 |
| Insurance | $230,318 |
| All other expenses | $0 |
| Total functional expenses | $34,827,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,067,334 |
| Savings and temporary cash investments | $789,508 |
| Pledges and grants receivable | $1,019,714 |
| Accounts receivable, net | $21,631,636 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,000 |
| Inventories for sale or use | $70,302 |
| Prepaid expenses and deferred charges | $327,168 |
| Investments—publicly traded securities | $42,197,964 |
| Investments—other securities | $3,158,453 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $116,212,230 |
| Accounts payable and accrued expenses | $313,674 |
| Grants payable | $0 |
| Deferred revenue | $26,163,465 |
| Tax-exempt bond liabilities | $318,472 |
| Escrow or custodial account liability | $51,656 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $458,000 |
| Total liabilities | $27,305,267 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $88,906,963 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mary C Wheeler School Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
The Breakthrough Collaborative Inc Oakland, CA PURPOSE: SUPPORT BREAKTHROUGH PROVIDENCE'S PROGRAMMING | $5,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $42,829,200 |
| Earnings | $2,389,519 |
| Net Contributions | $160,831 |
| Other Expense | $443,190 |
| Grants | $1,107,290 |
| Ending Balance | $43,829,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mary C Wheeler School Inc Providence, RI | $116,212,230 | $35,061,485 |
Alliance For Community Empowerment Inc Bridgeport, CT | $8,701,314 | $25,469,728 |
Holyoke Chicopee Springfield Head Start Inc Springfield, MA | $4,144,925 | $18,678,703 |
Scus Head Start Programs Inc Fairfield, CT | $1,499,744 | $18,217,812 |
Jumpstart For Young Children Inc Boston, MA | $13,274,817 | $18,130,112 |
Belmont Day School Inc Belmont, MA | $46,733,277 | $15,709,701 |
Nashoba Brooks School Of Concord Concord, MA | $38,523,641 | $11,517,801 |
The Kingsley Montessori School Inc Boston, MA | $14,583,207 | $12,163,257 |
Chestnut Hill School Chestnut Hill, MA | $21,649,882 | $10,818,461 |
Tenacre Country Day School Corporation Wellesley, MA | $37,803,521 | $9,592,507 |
Tower School In Marblehead Inc Marblehead, MA | $15,430,841 | $10,167,918 |
Crossroads School Inc Marlborough, MA | $10,755,566 | $10,102,586 |