Calhoun School Inc
- Assets
- $61.9m
- Revenue
- $37.8m
- Investments
- $0.0
- Employees
- 272
- Location
- New York, NY
- Founding
- 02/1941
- Data as of
- 06/2022
- EIN
- 13-1623919
Organization Overview
Calhoun School Inc is located in New York, NY. The organization was established in 1941. 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 06/2022, Calhoun School Inc employed 272 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calhoun 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 06/2022, Calhoun School Inc generated $37.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $40.5m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CALHOUN SCHOOL IS A PROGRESSIVE, INDEPENDENT, COEDUCATIONAL (CONTINUED IN SCHEDULE O)COLLEGE PREPARATORY SCHOOL WITH STUDENTS RANGING FROM THREE-YEAR-OLDS TO TWELFTH GRADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALHOUN'S GOAL IS TO INSPIRE A PASSION FOR LEARNING THROUGH A PROGRESSIVE APPROACH TO EDUCATION THAT VALUES INTELLECTUAL PURSUIT, CREATIVITY, DIVERSITY, AND COMMUNITY INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexei Nichols Trustee | Trustee | 2 | $0 |
Christine Taylor Trustee | Trustee | 2 | $0 |
Claudia Singleton Trustee | Trustee | 2 | $0 |
Dale Allsopp Trustee | Trustee | 2 | $0 |
Dylan Hixon Vice Chair/treasurer | OfficerTrustee | 2 | $0 |
Edward Newman Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emerald Services Inc Mainteance | 6/29/22 | $1,452,439 |
Allied Universal Security Services Security | 6/29/22 | $196,473 |
Mirimus Inc Covid Testing | 6/29/22 | $152,898 |
Verona Carpenter Architects Pllc Architecture And Interior Design | 6/29/22 | $105,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $378,936 |
| Related organizations | $0 |
| Government grants | $1,311,062 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,161,554 |
| Noncash contributions included in lines 1a–1f | $222,659 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,851,552 |
| Total Program Service Revenue | $33,633,467 |
| Investment income | $306,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,402 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,799,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,481,975 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,455,899 |
| Compensation of current officers, directors, key employees. | $237,655 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,937,336 |
| Pension plan accruals and contributions | $867,895 |
| Other employee benefits | $2,075,271 |
| Payroll taxes | $1,160,004 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $208,228 |
| Fees for services: Accounting | $86,359 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,864 |
| Fees for services: Other | $20,915 |
| Advertising and promotion | $0 |
| Office expenses | $2,972,874 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,117,754 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $721,243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,703,776 |
| Insurance | $194,627 |
| All other expenses | $0 |
| Total functional expenses | $40,512,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,852,570 |
| Savings and temporary cash investments | $6,057,004 |
| Pledges and grants receivable | $1,220,661 |
| Accounts receivable, net | $244,346 |
| 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 | $398,531 |
| Net Land, buildings, and equipment | $37,363,122 |
| Investments—publicly traded securities | $14,781,370 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $61,917,604 |
| Accounts payable and accrued expenses | $3,121,499 |
| Grants payable | $0 |
| Deferred revenue | $8,919,257 |
| Tax-exempt bond liabilities | $28,269,733 |
| 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 | $40,310,489 |
| Net assets without donor restrictions | $8,147,856 |
| Net assets with donor restrictions | $13,459,259 |
| 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 | $61,917,604 |