Collegiate School Inc
- Assets
- $353.9m
- Revenue
- $53.3m
- Investments
- $53.7m
- Employees
- 254
- Location
- New York, NY
- Founding
- 08/1942
- Data as of
- 06/2021
- EIN
- 13-1634966
Organization Overview
Collegiate School Inc is located in New York, NY. The organization was established in 1942. 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, Collegiate School Inc employed 254 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collegiate 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, Collegiate School Inc generated $53.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $50.6m during the year ending 06/2021. 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
COLLEGIATE SCHOOL STRIVES TO EDUCATE EACH BOY TO REACH HIS HIGHEST LEVEL OF INTELLECTUAL, ETHICAL, ARTISTIC AND PHYSICAL DEVELOPMENT.
Describe the Organization's Program Activity:
THE SCHOOL PROVIDES EDUCATIONAL SERVICES TO BOYS IN GRADES K-12 TO PREPARE THEM FOR COLLEGES AND UNIVERSITIES AND THE PURSUITS OF LIFE, COMBINING RIGOROUS ACADEMIC PREPARATION WITH A CONSISTENT COMMITMENT TO ENCOURAGEMENT OF AND SUPPORT FOR ALL IN OUR COMMUNITY. THE SCHOOL'S ETHOS OF GENEROSITY AND RESPECT UNDERSCORES THE IMPORTANCE OF SUSTAINED RELATIONSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Margaret Jadin Director Of Finance | Officer | 40 | $526,727 |
David Lourie Head Of School | Officer | 40 | $490,919 |
Lee Levison Former Head Of School | 0 | $445,674 | |
Christopher Torino Dean Of Faculty | 40 | $282,553 | |
Beth Ellen Tashlik Head Of Lower School | 40 | $274,303 | |
Joshua Mandel Dir Of Psychological Services | 40 | $268,233 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Covington And Burling Llp Law Firm | 6/29/21 | $231,786 |
Nixon Peabody Llp Law Firm | 6/29/21 | $106,536 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $499,167 |
| Related organizations | $0 |
| Government grants | $870,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,610,517 |
| Noncash contributions included in lines 1a–1f | $449,405 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,979,769 |
| Total Program Service Revenue | $37,851,680 |
| Investment income | $609,510 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,760,666 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,312,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,010,751 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,913,625 |
| Compensation of current officers, directors, key employees. | $1,913,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,968,916 |
| Pension plan accruals and contributions | $1,918,157 |
| Other employee benefits | $3,258,797 |
| Payroll taxes | $1,442,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $187,025 |
| Fees for services: Accounting | $92,806 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $577,872 |
| Fees for services: Other | $2,298,253 |
| Advertising and promotion | $0 |
| Office expenses | $2,935,544 |
| Information technology | $442,320 |
| Royalties | $0 |
| Occupancy | $366,159 |
| Travel | $96,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,597,087 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,800,539 |
| Insurance | $364,428 |
| All other expenses | $0 |
| Total functional expenses | $50,554,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,063,785 |
| Savings and temporary cash investments | $7,841,105 |
| Pledges and grants receivable | $5,185,106 |
| Accounts receivable, net | $1,676,698 |
| 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 | $2,225,951 |
| Net Land, buildings, and equipment | $227,358,354 |
| Investments—publicly traded securities | $32,878,441 |
| Investments—other securities | $53,667,019 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $353,896,459 |
| Accounts payable and accrued expenses | $5,811,561 |
| Grants payable | $0 |
| Deferred revenue | $22,797,116 |
| Tax-exempt bond liabilities | $39,261,130 |
| 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 | $67,869,807 |
| Net assets without donor restrictions | $247,967,028 |
| Net assets with donor restrictions | $38,059,624 |
| 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 | $353,896,459 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Collegiate School Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Scotford Foundation John P Scotford Jr Ttee Poland, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $23,639,876 |
| Earnings | $7,302,232 |
| Net Contributions | $321,771 |
| Other Expense | $1,187,849 |
| Ending Balance | $30,076,030 |
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 |