Holton-Arms School Inc
- Assets
- $133.9m
- Revenue
- $38.1m
- Investments
- $13.7m
- Employees
- 342
- Location
- Bethesda, MD
- Founding
- 03/1934
- Data as of
- 06/2021
- EIN
- 53-0196507
Organization Overview
Holton-Arms School Inc is located in Bethesda, MD. The organization was established in 1934. 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 06/2021, Holton-Arms School Inc employed 342 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holton-Arms 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, Holton-Arms School Inc generated $38.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $36.9m during the year ending 06/2021. While expenses have increased by 1.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE EDUCATIONAL INSTITUTION FOR GIRLS IN GRADES THREE THROUGH TWELVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1901, HOLTON-ARMS IS A COLLEGE-PREPARATORY SCHOOL FOR GIRLS GRADES 3-12. THE SCHOOL PROVIDES RIGOROUS AND DYNAMIC PROGRAMS IN THE TRADITIONAL ACADEMIC AREAS, THE FINE AND PERFORMING ARTS, AND ATHLETICS. THE SCHOOL IS ACCREDITED BY: MIDDLE STATES ASSOCIATION OF COLLEGES & SCHOOLS; ASSOCIATION OF INDEPENDENT MARYLAND SCHOOLS; AND LICENSED IN THE STATE OF MARYLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susanna Jones Head Of School | Officer | 40 | $519,999 |
Tracey L Fudge CFO & COO | Officer | 40 | $271,185 |
Ann Kangas Director Of Advancement | 40 | $184,113 | |
Sharron Rodgers Director Of Enrollment | 40 | $183,373 | |
Christopher Lynch Director Of Upper School | 40 | $169,214 | |
Michael P Joyce Director Of Facilities | 40 | $167,040 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meriwether Godsey Food Services | 6/29/21 | $681,753 |
Palm Facility Services Llc Cleaning Services | 6/29/21 | $185,437 |
Bravo Facility Services Inc Cleaning Services | 6/29/21 | $179,930 |
Hka Global Inc Legal Services | 6/29/21 | $200,021 |
Arent Fox Llp Legal Services | 6/29/21 | $881,140 |
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 | $2,638,228 |
| Noncash contributions included in lines 1a–1f | $564,807 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,638,228 |
| Total Program Service Revenue | $31,882,883 |
| Investment income | $1,985,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $173,516 |
| Net Gain/Loss on Asset Sales | $1,215,703 |
| Net Income from Fundraising Events | $124,996 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $65,385 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,119,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,993,958 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $726,269 |
| Compensation of current officers, directors, key employees. | $605,624 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,736,553 |
| Pension plan accruals and contributions | $1,252,941 |
| Other employee benefits | $1,391,102 |
| Payroll taxes | $1,237,126 |
| Fees for services: Management | $45,402 |
| Fees for services: Legal | $1,783,474 |
| Fees for services: Accounting | $51,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $131,337 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,419 |
| Office expenses | $235,752 |
| Information technology | $202,751 |
| Royalties | $0 |
| Occupancy | $1,247,643 |
| Travel | $1,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $810,522 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,148,813 |
| Insurance | $387,018 |
| All other expenses | $1,562,634 |
| Total functional expenses | $36,911,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,948 |
| Savings and temporary cash investments | $9,409,490 |
| Pledges and grants receivable | $1,899,364 |
| Accounts receivable, net | $21,318,309 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,385 |
| Prepaid expenses and deferred charges | $696,255 |
| Net Land, buildings, and equipment | $35,871,288 |
| Investments—publicly traded securities | $50,618,371 |
| Investments—other securities | $13,740,341 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $291,370 |
| Total assets | $133,918,121 |
| Accounts payable and accrued expenses | $3,040,652 |
| Grants payable | $0 |
| Deferred revenue | $28,565,987 |
| Tax-exempt bond liabilities | $19,213,328 |
| 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 | $792,041 |
| Total liabilities | $51,612,008 |
| Net assets without donor restrictions | $62,732,425 |
| Net assets with donor restrictions | $19,573,688 |
| 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 | $133,918,121 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Holton-Arms School Inc has recieved totaling $34,000.
| Awarding Organization | Amount |
|---|---|
Alice And Russell True Foundation Washington, DC PURPOSE: TO SUPPORT THE EDUCATION OF ITS STUDENTS | $30,000 |
Rixey Street Foundation Inc Mc Lean, VA PURPOSE: GENERAL OPERATING | $2,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $1,000 |
Koonce Foundation Inc Naples, FL PURPOSE: GENERAL PURPOSES | $1,000 |
Endowment Analysis
| Beg. Balance | $42,975,685 |
| Earnings | $11,109,922 |
| Net Contributions | $1,082,632 |
| Other Expense | $1,880,562 |
| Grants | $116,087 |
| Ending Balance | $53,171,590 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Protestant Episcopal High School In Virginia Alexandria, VA | $560,084,637 | $67,951,795 |
The Hill School Pottstown, PA | $339,549,890 | $89,638,080 |
Regents Of The Mercersburg College Mercersburg, PA | $535,140,744 | $49,172,082 |
Gilman School Inc Baltimore, MD | $238,892,271 | $38,036,593 |
Woodberry Forest School Woodberry Forest, VA | $643,383,708 | $54,060,513 |
Holton-Arms School Inc Bethesda, MD | $133,918,121 | $38,119,997 |
St Andrews Episcopal School Inc Potomac, MD | $83,174,031 | $30,817,454 |
St Andrews School Of Delaware Inc Middletown, DE | $398,873,444 | $32,788,416 |
Malvern Preparatory School Malvern, PA | $76,971,760 | $36,046,304 |
Severn School Inc Severna Park, MD | $70,000,569 | $28,689,233 |
21st Century Cyber Charter School West Chester, PA | $42,600,686 | $36,468,461 |
National Association Of Secondary -School Principals Reston, VA | $56,104,392 | $28,736,000 |