The Carmel School
- Assets
- $14.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 97
- Location
- Ruther Glen, VA
- Founding
- 05/2000
- Data as of
- 06/2023
- EIN
- 54-1960110
Organization Overview
The Carmel School is located in Ruther Glen, VA. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Carmel School employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmel 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, Carmel School generated $4.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $5.0m during the year ending 06/2023. While expenses have increased by 7.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CARMEL SCHOOL IS TO PREPARE STUDENTS FOR SUCCESS IN OUR EVER-CHANGING WORLD BY CREATING A COMMUNITY SUPPORTIVE OF ACADEMIC, PHYSICAL AND SPIRTUAL GROWTH ROOTED IN CHRISTIAN VALUES TO INSTILL HONOR AND INTEGRITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC EDUCATION IN A CHRISTIAN ENVIRONMENT
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 |
|---|---|---|---|
Fred Hall Secretary/treasurer | OfficerTrustee | 1 | $0 |
Harold H Stills Director | Trustee | 1 | $0 |
Grant Grayson Director | Trustee | 1 | $0 |
Russell Harper Director/chairman | OfficerTrustee | 1 | $0 |
Matt Johns Director/headmaster | 40 | $50,601 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $222,014 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,016,168 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,238,182 |
| Total Program Service Revenue | $2,465,781 |
| Investment income | $139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,785 |
| Net Gain/Loss on Asset Sales | $8,080 |
| Net Income from Fundraising Events | $4,103 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,192 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,722,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $121,661 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,601 |
| Compensation of current officers, directors, key employees. | $12,206 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,670,600 |
| Pension plan accruals and contributions | $1,870 |
| Other employee benefits | $342,901 |
| Payroll taxes | $197,647 |
| Fees for services: Management | $86,358 |
| Fees for services: Legal | $2,952 |
| Fees for services: Accounting | $22,976 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,470 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,497 |
| Interest | $376 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $581,405 |
| Insurance | $50,365 |
| All other expenses | $310,285 |
| Total functional expenses | $5,004,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,259 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $211,804 |
| Accounts receivable, net | $13,683 |
| 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 | $37,813 |
| Net Land, buildings, and equipment | $14,398,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,842,215 |
| Accounts payable and accrued expenses | $70,863 |
| Grants payable | $0 |
| Deferred revenue | $133,897 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $247,836 |
| Total liabilities | $452,596 |
| Net assets without donor restrictions | $14,337,679 |
| Net assets with donor restrictions | $51,940 |
| 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 | $14,842,215 |