Canterbury School Inc
- Assets
- $14.8m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 283
- Location
- Fort Wayne, IN
- Founding
- 06/1978
- Data as of
- 06/2021
- EIN
- 35-1410931
Organization Overview
Canterbury School Inc is located in Fort Wayne, IN. The organization was established in 1978. 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, Canterbury School Inc employed 283 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canterbury 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, Canterbury School Inc generated $17.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $17.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. 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
CANTERBURY AIMS TO DEVELOP STUDENTS WITH A STRONG BASE OF KNOWLEDGE, GENUINE APPRECIATION FOR THE CHALLENGES OF LEARNING, AND UNDERSTANDING THE IMPLICATIONS OF CHRISTIAN PRINCIPLES.
Describe the Organization's Program Activity:
THE GOALS OF CANTERBURY SCHOOL ARE: PROVIDE A CHALLENGING EDUCATIONAL PROGRAM BASED ON A STRONG COLLEGE-PREPARATORY CURRICULUM; PROMOTE INTELLECTUAL CURIOSITY AND CREATIVITY; DEVELOP CRITICAL THINKING AND PROBLEM-SOLVING SKILLS; ENCOURAGE STUDENTS TO DEVELOP THEIR POTENTIAL THROUGH PARTICIPATION IN A FULL RANGE OF SCHOOL PROGRAMS AND ACTIVITIES; NURTURE IN EACH STUDENT SELF-CONFIDENCE, SELF-WORTH AND INTEGRITY; INSTILL A SENSE OF COMMUNITY RESPONSIBILITY AND SERVICE; CREATE AN AWARENESS OF STANDARDS, OBLIGATIONS AND ENDURING VALUES OF LIFE. ENROLLMENT FOR THE 2020-2021 SCHOOL YEAR WAS APPROXIMATELY 774 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Ennist Left 0620 Former Head Of School | OfficerTrustee | 50 | $130,542 |
David Jackson Head Of School | OfficerTrustee | 50 | $116,754 |
Jerry Belcher Business Manager | Officer | 40 | $108,437 |
Benjamin Ottenweller Assistant Head Of School | 40 | $101,769 | |
Thomas Teel Secretary | OfficerTrustee | 1 | $0 |
Todd Jacobs Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $185,850 |
| Related organizations | $505,474 |
| Government grants | $1,750,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $781,989 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,223,313 |
| Total Program Service Revenue | $13,558,401 |
| Investment income | $27 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,680 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $269,001 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,058,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,206,208 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $333,433 |
| Compensation of current officers, directors, key employees. | $39,178 |
| Compensation to disqualified persons | $107,797 |
| Other salaries and wages | $7,990,244 |
| Pension plan accruals and contributions | $567,580 |
| Other employee benefits | $1,418,152 |
| Payroll taxes | $602,378 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,203 |
| Fees for services: Accounting | $51,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $323,418 |
| Advertising and promotion | $161,038 |
| Office expenses | $378,698 |
| Information technology | $153,058 |
| Royalties | $0 |
| Occupancy | $631,420 |
| Travel | $155,930 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,077 |
| Interest | $13,457 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $737,160 |
| Insurance | $114,870 |
| All other expenses | $0 |
| Total functional expenses | $17,632,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200 |
| Savings and temporary cash investments | $251,948 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,951,833 |
| 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 | $245,042 |
| Net Land, buildings, and equipment | $9,339,345 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,789,368 |
| Accounts payable and accrued expenses | $1,263,354 |
| Grants payable | $0 |
| Deferred revenue | $816,192 |
| 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 | $1,850,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $179,654 |
| Total liabilities | $4,109,200 |
| Net assets without donor restrictions | $8,471,315 |
| Net assets with donor restrictions | $2,208,853 |
| 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 | $14,789,368 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Canterbury School Inc has recieved totaling $4,200.
| Awarding Organization | Amount |
|---|---|
Demarchis Family Foundation Pittsburgh, PA PURPOSE: GENERAL | $4,200 |
Endowment Analysis
| Beg. Balance | $1,896,424 |
| Earnings | $519,827 |
| Other Expense | $207,397 |
| Ending Balance | $2,208,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |
North Shore Country Day School Winnetka, IL | $93,458,208 | $25,821,359 |
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Canterbury School Inc Fort Wayne, IN | $14,789,368 | $17,058,422 |