Greenwich Country Day School Inc
- Assets
- $294.4m
- Revenue
- $78.5m
- Investments
- $36.4m
- Employees
- 497
- Location
- Greenwich, CT
- Founding
- 05/1939
- Data as of
- 06/2020
- EIN
- 06-0646657
Organization Overview
Greenwich Country Day School Inc is located in Greenwich, CT. The organization was established in 1939. 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 06/2020, Greenwich Country Day School Inc employed 497 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, Greenwich Country Day School Inc generated $78.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $85.2m during the year ending 06/2020. While expenses have increased by 16.8% per year over the past 5 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 SCHOOL SEEKS TO PROVIDE QUALIFIED STUDENTS WITH OPPORTUNITIES FOR ACADEMIC DEVELOPMENT, INTELLECTUAL GROWTH, ARTISTIC AND PHYSICAL FULFILLMENT AND MORAL AWARENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS FROM NURSERY THROUGH TWELFTH GRADE, AND SUMMER PROGRAMS. TOTAL OF 1195 STUDENTS WERE ENROLLED FOR THE SCHOOL YEAR 2019-2020. ADDITIONALLY, THERE WERE APPROXIMATELY 505 STUDENTS ENROLLED IN SUMMER PROGRAMS.
STUDENTS FROM NURSERY THROUGH TWELFTH GRADE, AND SUMMER PROGRAMS. TOTAL OF 1195 STUDENTS WERE ENROLLED FOR THE SCHOOL YEAR 2019-2020. ADDITIONALLY, THERE WERE APPROXIMATELY 505 STUDENTS ENROLLED IN SUMMER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Rohdie Headmaster | Officer | 60 | $687,136 |
William Auerswald Chief Financial Officer | Officer | 50 | $328,953 |
Christopher S Winters Upper School Head | 40 | $272,040 | |
Alnardo Ramirez Director Of College Counseling | 40 | $238,458 | |
Anabel M Perez Director Of Development | 50 | $219,804 | |
Trudy J Davis Lower School Head | 40 | $177,939 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Investment Advisors | 6/29/20 | $164,583 |
Centerbrook Architects And Planners Llp Architectural Services | 6/29/20 | $4,897,004 |
Morano Garden And Design Landscaping Service | 6/29/20 | $302,733 |
Cambridge Associates Investment Advisors | 6/29/20 | $164,583 |
Morano Garden And Design Landscaping Service | 6/29/20 | $302,733 |
Theodore Crile Esselstyn City Bench Llc Custom Woodwork | 6/29/20 | $214,354 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,466,070 |
| Noncash contributions included in lines 1a–1f | $3,054,692 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,466,070 |
| Total Program Service Revenue | $51,868,175 |
| Investment income | $1,086,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $579,753 |
| Net Gain/Loss on Asset Sales | $1,493,077 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,493,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,138,869 |
| Grants and other assistance to domestic individuals. | $6,427,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,187,962 |
| Compensation of current officers, directors, key employees. | $262,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,508,656 |
| Pension plan accruals and contributions | $2,317,068 |
| Other employee benefits | $12,942,627 |
| Payroll taxes | $1,925,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,712 |
| Fees for services: Accounting | $91,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $253,849 |
| Fees for services: Other | $336,059 |
| Advertising and promotion | $15,525 |
| Office expenses | $0 |
| Information technology | $623,954 |
| Royalties | $0 |
| Occupancy | $1,504,220 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $625,449 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,319,532 |
| Insurance | $392,125 |
| All other expenses | $3,396,485 |
| Total functional expenses | $85,205,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,749,888 |
| Savings and temporary cash investments | $253,848 |
| Pledges and grants receivable | $22,577,931 |
| Accounts receivable, net | $21,654,358 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $234,798 |
| Prepaid expenses and deferred charges | $206,885 |
| Net Land, buildings, and equipment | $152,791,592 |
| Investments—publicly traded securities | $31,164,172 |
| Investments—other securities | $36,405,903 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,379,307 |
| Total assets | $294,418,682 |
| Accounts payable and accrued expenses | $5,909,841 |
| Grants payable | $0 |
| Deferred revenue | $45,067,125 |
| Tax-exempt bond liabilities | $39,200,176 |
| Escrow or custodial account liability | $55,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,740,440 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,598,106 |
| Total liabilities | $137,571,188 |
| Net assets without donor restrictions | $93,591,702 |
| Net assets with donor restrictions | $63,255,792 |
| 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 | $294,418,682 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Greenwich Country Day School Inc has recieved totaling $1,111,659.
| Awarding Organization | Amount |
|---|---|
Timashev Family Foundation Galena, OH PURPOSE: GENERAL SUPPORT | $1,000,000 |
Jewish Communal Fund New York, NY PURPOSE: General support | $52,290 |
Cornolia Cogswell Rossi Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Cornolia Cogswell Rossi Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,069 |
Jjj Family Foundation Old Greenwich, CT PURPOSE: FOR MISSION SUPPORT | $7,500 |
Endowment Analysis
| Beg. Balance | $66,846,234 |
| Earnings | $2,292,138 |
| Net Contributions | $143,995 |
| Other Expense | -$137,665 |
| Ending Balance | $69,420,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenwich Country Day School Inc Greenwich, CT | $294,418,682 | $78,493,415 |
Democracy Prep New York Charter Schools Bronx, NY | $49,177,418 | $80,941,433 |
Grace Church School New York, NY | $119,486,051 | $52,632,889 |
Dexter Southfield Inc Brookline, MA | $106,414,295 | $49,443,091 |
Calhoun School Inc New York, NY | $69,066,641 | $37,830,934 |
Hewitt School New York, NY | $69,629,459 | $31,467,957 |
Saint Davids School New York, NY | $160,988,227 | $30,766,748 |
Buckley School In The City Of New York New York, NY | $113,493,500 | $23,866,203 |
Shady Hill School Cambridge, MA | $112,818,120 | $25,213,619 |
Wilbraham & Monson Academy Wilbraham, MA | $39,033,544 | $22,102,738 |
Fenn School Inc Concord, MA | $88,053,581 | $22,251,144 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $36,278,421 | $18,498,261 |