Carolina Day School Inc

Organization Overview

Carolina Day School Inc is located in Asheville, NC. The organization was established in 1944. 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 06/2021, Carolina Day School Inc employed 218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Day 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, Carolina Day School Inc generated $19.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $18.8m during the year ending 06/2021. While expenses have increased by 2.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING EDUCATIONAL SERVICES TO THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O CAROLINA DAY SCHOOL IS A MODEL OF ACADEMIC EXCELLENCE, A LEADER IN CURRICULAR INNOVATION, AND IS AN ACCREDITED, CO-EDUCATIONAL, SECULAR, INDEPENDENT DAY SCHOOL. IN THE 2020-21 SCHOOL YEAR, 556 STUDENTS ENROLLED IN PRE-KINDERGARTEN THROUGH GRADE 12. CAROLINA DAY SCHOOL DELIVERS A RICH, DIFFERENTIATED, PERSONALLY RIGOROUS, WHOLE-CHILD ACADEMIC EXPERIENCE THAT FOSTERS ACCELERATED LEARNING, AND PROVIDES SUPPORTS WHEN NECESSARY TO ACADEMICALLY CAPABLE, MOTIVATED AND INQUISITIVE STUDENTS. EXPERIENTIAL, DEEP LEARNING IS HALLMARK TO THE PROGRAM. EXCEPTIONAL FACULTY DEEPLY KNOW THEIR STUDENTS, WHO DISTINGUISH THEMSELVES NOT ONLY ACADEMICALLY, BUT ALSO ARTISTICALLY, ATHLETICALLY, AND SOCIALLY IN A COMMUNITY BUILT ON TRUST, INTEGRITY, AND KINDNESS.THE KEY SCHOOL, ESTABLISHED IN 1997, IS A DIVISION OF CAROLINA DAY SCHOOL. THE KEY SCHOOL PROVIDES EDUCATIONAL OPPORTUNITIES FOR BRIGHT STUDENTS WITH LANGUAGE-BASED LEARNING DIFFERENCES. THE KEY SCHOOL'S TEACHER TRAINING PROGRAM IS ACCREDITED BY THE INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL, THE ACADEMY OF ORTON- GILLINGHAM PRACTITIONERS AND EDUCATORS, AND THE INTERNATIONAL DYSLEXIA ASSOCIATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Inspection Ready Cleaning
Cleaning Service
$174,635
Electronic Office
Computer Consulting
$174,765
H&m Constructors
Construction Services
$169,355
Wilde Acre Landscapes
Landscaping Services
$125,972
Clark Nexsen Inc
Architectural Services
$105,959
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$56,600
Related organizations$0
Government grants $2,059,192
All other contributions, gifts, grants, and similar amounts not included above$558,560
Noncash contributions included in lines 1a–1f $32,912
Total Revenue from Contributions, Gifts, Grants & Similar$2,674,352
Total Program Service Revenue$16,889,202
Investment income $151,586
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $113,785
Net Income from Fundraising Events $30,661
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,874,947

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Carolina Day School Inc has recieved totaling $17,000.

Awarding OrganizationAmount
Bailey Family Foundation Inc

Vero Beach, FL

PURPOSE: CHARITABLE PURPOSES

$17,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,891,521
Earnings$1,409,161
Net Contributions$4,950
Other Expense$215,000
Ending Balance$6,090,632

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Brentwood Academy Inc
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$25,930,047
Lake Norman Charter School Inc
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Greensboro Independent School Corporation
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Trinity School Inc
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$25,058,941
Hammond School
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$20,190,119
Carolina Day School Inc
Asheville, NC
$19,874,947

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