The Gunston School Incorporated is located in Centreville, MD. The organization was established in 1956. 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, Gunston School Incorporated employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gunston School Incorporated 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, Gunston School Incorporated generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $6.1m during the year ending 06/2022. While expenses have increased by 6.5% 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
THE GUNSTON SCHOOL IS A COLLEGE PREPARATORY, CO-EDUCATIONAL, PRIVATE HIGH SCHOOL FOR GRADES 9-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES ASSOCIATED WITH PROVIDING AN EDUCATION FOR APPROXIMATELY 233 SECONDARY SCHOOL STUDENTS, INCLUDING TUTORING AND RELATED MUSIC, ATHLETIC ACTIVITIES AND CWS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Cook Secretary | OfficerTrustee | 2 | $0 |
Joe Janney Vice Chair | OfficerTrustee | 2 | $0 |
Jill Caron Trustee | Trustee | 2 | $0 |
Rick DE Los Reyes Trustee | Trustee | 2 | $0 |
Chris Mcclary Trustee | Trustee | 2 | $0 |
Dr Nina Wagner-Johnston Trustee | Trustee | 2 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
L&s Bus Service Inc Transportation | 6/29/20 | $238,469 |
Sodexo Food & Supplies | 6/29/20 | $152,497 |
Krm Construction Renovation | 6/29/20 | $150,404 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,120 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $371,204 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $439,324 |
| Total Program Service Revenue | $4,956,976 |
| Investment income | -$5,700 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $45 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,952 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,845,195 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $264,380 |
| Compensation of current officers, directors, key employees. | $137,478 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,014,825 |
| Pension plan accruals and contributions | $104,476 |
| Other employee benefits | $223,986 |
| Payroll taxes | $243,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $149,816 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $107,721 |
| Travel | $62,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $101,425 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $442,567 |
| Insurance | $68,892 |
| All other expenses | $433,277 |
| Total functional expenses | $6,148,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $897,609 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $81,425 |
| Accounts receivable, net | $84,201 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,889 |
| Prepaid expenses and deferred charges | $373,417 |
| Net Land, buildings, and equipment | $7,704,972 |
| Investments—publicly traded securities | $947,535 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,097,048 |
| Accounts payable and accrued expenses | $136,017 |
| Grants payable | $0 |
| Deferred revenue | $940,085 |
| Tax-exempt bond liabilities | $2,440,137 |
| 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 | $569,685 |
| Total liabilities | $4,085,924 |
| Net assets without donor restrictions | $5,356,505 |
| Net assets with donor restrictions | $654,619 |
| 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 | $10,097,048 |