St Bernards School Inc
- Assets
- $161.8m
- Revenue
- $31.7m
- Investments
- $95.5m
- Employees
- 129
- Location
- New York, NY
- Founding
- 08/1940
- Data as of
- 06/2021
- EIN
- 13-1255270
Organization Overview
St Bernards School Inc is located in New York, NY. The organization was established in 1940. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, St Bernards School Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Bernards School Inc 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, St Bernards School Inc generated $31.7m 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 $31.8m during the year ending 06/2021. While expenses have increased by 6.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ST. BERNARD'S OFFERS ABLE YOUNG BOYS OF DIVERSE BACKGROUNDS AN EXCEPTIONALLY THOROUGH, RIGOROUS, AND ENJOYABLE INTRODUCTION TO LEARNING AND COMMUNITY LIFE.
Describe the Organization's Program Activity:
THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF APPROXIMATELY 340 STUDENTS IN VARIOUS CLASSES FROM KINDERGARTEN THROUGH NINTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Johnson Headmaster Until 6/25/2020 & Advisor | Officer | 40 | $834,103 |
Edward O'connell Business Manager | Officer | 40 | $343,926 |
Evan Moraitis Interim Head Of School | Officer | 40 | $285,076 |
Dinesh Kripalani Development Director | 40 | $226,019 | |
Claude Miceli Athletic Director | 40 | $222,062 | |
Eric Hill Teacher | 40 | $200,496 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $142,566 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,033,680 |
| Noncash contributions included in lines 1a–1f | $117,628 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,176,246 |
| Total Program Service Revenue | $16,546,675 |
| Investment income | $3,159,930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,780 |
| Net Gain/Loss on Asset Sales | $8,528,363 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,656,220 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,067,850 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,695,690 |
| Compensation of current officers, directors, key employees. | $2,975,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,658,344 |
| Pension plan accruals and contributions | $1,124,635 |
| Other employee benefits | $2,245,895 |
| Payroll taxes | $836,042 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,965,071 |
| Fees for services: Accounting | $84,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $273,649 |
| Fees for services: Other | $669,997 |
| Advertising and promotion | $0 |
| Office expenses | $366,865 |
| Information technology | $321,367 |
| Royalties | $0 |
| Occupancy | $563,539 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,355,801 |
| Insurance | $335,835 |
| All other expenses | $0 |
| Total functional expenses | $31,783,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,179 |
| Savings and temporary cash investments | $5,108,843 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,100 |
| 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 | $225,571 |
| Net Land, buildings, and equipment | $6,881,450 |
| Investments—publicly traded securities | $53,746,701 |
| Investments—other securities | $95,506,509 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $161,784,353 |
| Accounts payable and accrued expenses | $5,189,508 |
| Grants payable | $0 |
| Deferred revenue | $6,321,250 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,510,758 |
| Net assets without donor restrictions | $111,227,308 |
| Net assets with donor restrictions | $39,046,287 |
| 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 | $161,784,353 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Bernards School Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
The Patton Charitable Foundation Hobe Sound, FL PURPOSE: ANNUAL FUNDEDUCATIONPRIMARY | $500 |
Endowment Analysis
| Beg. Balance | $25,762,213 |
| Earnings | $7,391,506 |
| Net Contributions | $315,396 |
| Other Expense | $1,019,755 |
| Ending Balance | $32,449,360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horace Mann School Bronx, NY | $475,824,158 | $137,244,948 |
Ethical Culture Fieldston School New York, NY | $252,651,487 | $107,394,843 |
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Spence School New York, NY | $416,454,517 | $72,977,566 |