Olney Friends School Inc is located in Barnesville, OH. The organization was established in 1955. 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 06/2022, Olney Friends School Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olney Friends 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, Olney Friends School Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.9m 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
TO OPERATE A QUAKER COEDUCATIONAL HIGH SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COEDUCATIONAL SECONDARY SCHOOL EDUCATION FOR GRADES 9 - 12
STUDENT SERVICES FOR EDUCATIONAL INSTITUTUION SUCH AS FOOD AND KITCHEN PROVISIONS, BOOKSTORE SUPPLIES, MEDICAL SUPPLIES AND YEARBOOK EXPENSES
FARM AND GARDEN ARE PART OF THE TRANSDICIPLINARY CURRICULUM FOR THE SCHOOL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melinda Kramer Coclerk | OfficerTrustee | 6 | $0 |
Dorothy Churchwell Coclerk | OfficerTrustee | 6 | $0 |
Judith Stanfield Treasurer | OfficerTrustee | 6 | $0 |
Lisa Cayard Recording Clerk | OfficerTrustee | 2 | $0 |
Frank Fisher Trustee | Trustee | 2 | $0 |
Chris Harris Trustee | Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $608,540 |
| Investment income | $43,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,857,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $609,036 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $767,334 |
| Pension plan accruals and contributions | $18,285 |
| Other employee benefits | $8,076 |
| Payroll taxes | -$51,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,337 |
| Fees for services: Accounting | $1,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,628 |
| Fees for services: Other | $22,039 |
| Advertising and promotion | $14,530 |
| Office expenses | $42,007 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,685 |
| Travel | $14,722 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $672 |
| Interest | $26,948 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,395 |
| Insurance | $25,807 |
| All other expenses | $0 |
| Total functional expenses | $1,935,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,897 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,480 |
| 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 | $0 |
| Investments—publicly traded securities | $722,306 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,642,315 |
| Accounts payable and accrued expenses | $10,662 |
| Grants payable | $0 |
| Deferred revenue | $34,662 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,193 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $697,581 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $746,098 |
| Net assets without donor restrictions | $1,165,291 |
| Net assets with donor restrictions | $730,926 |
| 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 | $1,896,217 |