Carlisle School
- Assets
- $5.3m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 86
- Location
- Martinsville, VA
- Founding
- 01/1969
- Data as of
- 06/2023
- EIN
- 54-0841622
Organization Overview
Carlisle School is located in Martinsville, VA. The organization was established in 1969. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Carlisle School employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carlisle School 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 06/2023, Carlisle School generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $4.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PRIVATE EDUCATION FOR GRADE PRE-SCHOOL THROGH GRADE 12
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY AND RESIDENT SCHOOL FOR BOYS AND GIRLS
TRANSPORTATION FOR STUDENTS - FULL BUS SERVICE TO AND FROM SCHOOL FROM MARTINSVILLE AND THE SURROUNDING AREAS
NEED-BASED FINANCIAL AID PROGRAMS FOR STUDENTS (NON-DISCRIMINATORY) SCHOLARSHIP SERVICE PROVIDES SCHOLARSHIP BASED ON NEEDS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Thomas President | OfficerTrustee | 2 | $0 |
Greg Haymore Vice President | OfficerTrustee | 2 | $0 |
Anna Mcclain Secretary | OfficerTrustee | 2 | $0 |
Melanie Bryant Treasurer | OfficerTrustee | 2 | $0 |
Will Vaughn Past President | Trustee | 2 | $0 |
Therese Craddock Trustee | Trustee | 2 | $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 | $844,211 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $844,211 |
| Total Program Service Revenue | $3,326,178 |
| Investment income | $75,701 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,484 |
| Net Gain/Loss on Asset Sales | -$184,770 |
| Net Income from Fundraising Events | $84,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $140,529 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,289,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $795,880 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,000 |
| Compensation of current officers, directors, key employees. | $31,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,482,532 |
| 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 | $8,944 |
| Fees for services: Other | $28,590 |
| Advertising and promotion | $0 |
| Office expenses | $47,198 |
| Information technology | $30,337 |
| Royalties | $0 |
| Occupancy | $153,999 |
| Travel | $32,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,006 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $278,324 |
| Insurance | $60,518 |
| All other expenses | $211,183 |
| Total functional expenses | $4,693,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $1,604,414 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $394,955 |
| 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 | $14,231 |
| Net Land, buildings, and equipment | $1,827,322 |
| Investments—publicly traded securities | $1,469,441 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,320,513 |
| Accounts payable and accrued expenses | $380,140 |
| Grants payable | $0 |
| Deferred revenue | $976,553 |
| 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 | $72,556 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,429,249 |
| Net assets without donor restrictions | $2,923,218 |
| Net assets with donor restrictions | $968,046 |
| 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 | $5,320,513 |