Wye River Upper School Inc
- Assets
- $6.3m
- Revenue
- $2.2m
- Investments
- $187.0k
- Employees
- 35
- Location
- Centreville, MD
- Founding
- 10/2002
- Data as of
- 06/2022
- EIN
- 35-2166557
Organization Overview
Wye River Upper School Inc is located in Centreville, MD. The organization was established in 2002. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Wye River Upper School Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wye River Upper 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, Wye River Upper School Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AN INDEPENDENT HIGH SCHOOL, SERVING MARYLAND, DELAWARE, AND THE DISTRICT OF COLUMBIA. ORGANIZATION WAS FOUNDED BASED ON A NEED TO PROVIDE AN APPROPRIATE ACADEMIC SETTING FOR STUDENTS WITH LEARNING DIFFERENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDEPENDENT HIGH SCHOOL. PROVIDING EDUCATION TO STUDENTS GRADE 9 THROUGH 12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Seip Chair | OfficerTrustee | 4 | $0 |
Darby Hewes Vice Chair | OfficerTrustee | 1 | $0 |
Myron Richardson Treasurer | OfficerTrustee | 4 | $0 |
Clayton A Railey III Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Devlin Hackett Trustee | Trustee | 1 | $0 |
Harry J Duffey III Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $444,898 |
| Noncash contributions included in lines 1a–1f | $1,243 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,898 |
| Total Program Service Revenue | $1,714,161 |
| Investment income | $4,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,088 |
| Net Income from Fundraising Events | $1,683 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,156,343 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $282,450 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,190,405 |
| Pension plan accruals and contributions | $30,640 |
| Other employee benefits | $85,092 |
| Payroll taxes | $93,562 |
| Fees for services: Management | $29,983 |
| Fees for services: Legal | $16,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $857 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,347 |
| Office expenses | $23,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,467 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $61,393 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,148 |
| Insurance | $0 |
| All other expenses | $59,723 |
| Total functional expenses | $2,404,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,761 |
| Savings and temporary cash investments | $1,081,789 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,885 |
| 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 | $20,544 |
| Net Land, buildings, and equipment | $4,892,078 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $187,042 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,137 |
| Total assets | $6,285,236 |
| Accounts payable and accrued expenses | $139,522 |
| Grants payable | $0 |
| Deferred revenue | $28,900 |
| 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 | $1,110,079 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $454,200 |
| Total liabilities | $1,732,701 |
| Net assets without donor restrictions | $4,042,702 |
| Net assets with donor restrictions | $509,833 |
| 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 | $6,285,236 |