Virginia Episcopal School
- Assets
- $42.3m
- Revenue
- $12.6m
- Investments
- $15.7m
- Employees
- 113
- Location
- Lynchburg, VA
- Founding
- 05/1930
- Data as of
- 06/2015
- EIN
- 54-0506431
Organization Overview
Virginia Episcopal School is located in Lynchburg, VA. The organization was established in 1930. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Virginia Episcopal School employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Episcopal School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD STUDENTS TOWARD FULL STATURE.
Describe the Organization's Program Activity:
EDUCATION - ALL SERVICES RELATED TO INSTRUCTION AND BOARDING OF STUDENTS; GRADES 9-12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Battle Head Master | Officer | 40 | $210,000 |
Sarah Cuccio Associate Head Of School | 40 | $106,735 | |
Deborah Leake Treasurer | Officer | 40 | $97,140 |
Leah Weiss Secretary | Officer | 40 | $42,066 |
Michael K Alford Vice President | OfficerTrustee | 1 | $0 |
Spencer W Morten III President/chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
English Construction Company Construction | 6/29/15 | $1,864,434 |
Bank Of America Financial Services | 6/29/15 | $235,969 |
Architectural Partners Pc Construction | 6/29/15 | $240,191 |
Falwell Home Improvement And Constructio Construction | 6/29/15 | $167,575 |
Meriwether-godsey Inc Food And Food Service | 6/29/15 | $868,236 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,423,893 |
| Investment income | $477,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$74,416 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $199,568 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,608,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,978,837 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $54,317 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $84,365 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $841,139 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,699,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,196,803 |
| Savings and temporary cash investments | $1,663,591 |
| Pledges and grants receivable | $3,566,177 |
| Accounts receivable, net | $41,513 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $74,641 |
| Prepaid expenses and deferred charges | $408,915 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $15,660,206 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $107,001 |
| Total assets | $42,343,812 |
| Accounts payable and accrued expenses | $368,534 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,272,073 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,815,530 |
| Total liabilities | $4,456,137 |
| Net assets without donor restrictions | $13,514,865 |
| Net assets with donor restrictions | $6,831,795 |
| Capital stock or trust principal, or current funds | $17,541,015 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $37,887,675 |
Grants Recieved
Over the last fiscal year, we have identified 51 grants that Virginia Episcopal School has recieved totaling $735,599.
| Awarding Organization | Amount |
|---|---|
Greater Lynchburg Community Foundation Lynchburg, VA PURPOSE: LECOMPTE SCHOLARSHIP FUND; TO SUPPORT THE UNRESTRICTED ANNUAL FUND | $103,500 |
Lettie Pate Whitehead Foundation Inc Atlanta, GA PURPOSE: For general scholarship support. | $80,900 |
Ainslie Foundation Dallas, TX PURPOSE: EDUCATION | $60,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $55,550 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: EDUCATION | $55,000 |
Cline Family Foundation Palm Beach Gardens, FL PURPOSE: GENERAL PURPOSE | $50,000 |
Endowment Analysis
| Beg. Balance | $15,474,683 |
| Earnings | $51,932 |
| Net Contributions | $717,991 |
| Other Expense | $584,400 |
| Ending Balance | $15,660,206 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maryland School For The Blind Baltimore, MD | $195,153,982 | $44,682,438 |
The Benedictine School For Exceptional Children Inc Ridgely, MD | $11,283,116 | $24,781,335 |
Lab School Of Washington Washington, DC | $60,963,136 | $23,245,137 |
Depaul Community Resources Roanoke, VA | $12,194,514 | $23,378,306 |
Phillips Programs Annandale, VA | $24,790,311 | $22,425,625 |
Life St Joseph Of The Pines Inc Fayetteville, NC | $16,318,020 | $24,172,182 |
Alternative Paths Training School Inc Dumfries, VA | $29,662,762 | $20,489,291 |
Ivymount School Inc Rockville, MD | $17,009,081 | $19,214,475 |
Currey Ingram Academy Brentwood, TN | $68,664,811 | $19,766,895 |
The Faison Center Inc Richmond, VA | $62,568,652 | $21,070,606 |
The Jemicy School Inc Owings Mills, MD | $60,314,466 | $19,832,444 |
Innovative Learning Inc Annapolis, MD | $14,693,405 | $15,755,864 |