Galloway School Inc
- Assets
- $64.7m
- Revenue
- $25.0m
- Investments
- $1.8m
- Employees
- 292
- Location
- Atlanta, GA
- Founding
- 09/1969
- Data as of
- 06/2022
- EIN
- 58-1052217
Organization Overview
Galloway School Inc is located in Atlanta, GA. The organization was established in 1969. 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 06/2022, Galloway School Inc employed 292 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galloway 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 06/2022, Galloway School Inc generated $25.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $23.6m during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GALLOWAY SCHOOL IS A COMMUNITY WHERE LEARNING IS JOYFUL, INDIVIDUALS ARE VALUED, AND SELF-DISCOVERY IS IS ENCOURAGED.
Describe the Organization's Program Activity:
THE GALLOWAY SCHOOL IS A PK-12 PROGRESSIVE INDEPENDENT DAY SCHOOL THAT USES A STUDENT-CENTERED APPROACH TO HELP EACH INDIVIDUAL CHILD LEARN AND GROW. WE SEEK TO GRADUATE STUDENTS WHO ARE THOUGHT LEADERS AND CHANGE AGENTS WHO ARE EQUIPPED WITH THE REQUISITE SKILLS AND CULTURAL COMPETENCE TO NAVIGATE AN EVER-CHANGING WORLD. OUR GRADUATES ARE CREATIVE AND COMPASSIONATE CITIZENS WHO CONFIDENTLY EMBRACE CHALLENGES WITH A FOCUS ON MAKING OUR WORLD A BETTER PLACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr James Calleroz White President | Officer | 40 | $477,487 |
Veronique Kessler VP Of Finance | Officer | 40 | $208,597 |
Sarah Armstrong Principal - Ml | 40 | $147,357 | |
Kelly Kelly Principal - El | 40 | $146,824 | |
Gordon Mathis Head Of Community Engagement | 40 | $142,787 | |
David Long Assistant Head Of School | 40 | $134,873 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Technical Management Services Facilities Mgmt Svcs | 6/29/22 | $1,191,291 |
Flik Independent Schools Dining Services | 6/29/22 | $675,963 |
Diversified Trust Investment Advisors | 6/29/22 | $111,561 |
Blackbaud Inc Software Access | 6/29/22 | $111,042 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,720 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,674,939 |
| Noncash contributions included in lines 1a–1f | $775,213 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,742,659 |
| Total Program Service Revenue | $22,581,025 |
| Investment income | $636,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,776 |
| Net Gain/Loss on Asset Sales | -$29,504 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,020,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,955,811 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $829,462 |
| Compensation of current officers, directors, key employees. | $302,519 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,098,423 |
| Pension plan accruals and contributions | $488,223 |
| Other employee benefits | $1,369,116 |
| Payroll taxes | $822,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,418 |
| Fees for services: Accounting | $38,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $111,561 |
| Fees for services: Other | $57,005 |
| Advertising and promotion | $204,605 |
| Office expenses | $119,506 |
| Information technology | $357,100 |
| Royalties | $0 |
| Occupancy | $287,064 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $54,142 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,365,818 |
| Insurance | $194,757 |
| All other expenses | $915,887 |
| Total functional expenses | $23,590,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,662,238 |
| Savings and temporary cash investments | $224,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,973 |
| Loans from Officers, Directors, or Controlling Persons | $90,961 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $170,720 |
| Net Land, buildings, and equipment | $22,021,237 |
| Investments—publicly traded securities | $26,629,277 |
| Investments—other securities | $1,831,348 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,081 |
| Total assets | $64,710,713 |
| Accounts payable and accrued expenses | $1,064,384 |
| Grants payable | $0 |
| Deferred revenue | $11,320,919 |
| Tax-exempt bond liabilities | $3,302,046 |
| 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 | $0 |
| Total liabilities | $15,687,349 |
| Net assets without donor restrictions | $38,886,183 |
| Net assets with donor restrictions | $10,137,181 |
| 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 | $64,710,713 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Galloway School Inc has recieved totaling $892,780.
| Awarding Organization | Amount |
|---|---|
Goizueta Foundation Inc Atlanta, GA PURPOSE: PROGRAM | $650,000 |
Goizueta Foundation Inc Atlanta, GA PURPOSE: ENDOWMENT | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $39,770 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $22,000 |
K Squared Foundation Inc Atlanta, GA PURPOSE: EDUCATIONAL INSTITUTION | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,682 |
Endowment Analysis
| Beg. Balance | $27,896,925 |
| Earnings | -$2,638,743 |
| Net Contributions | $103,021 |
| Other Expense | $164,229 |
| Grants | $136,120 |
| Ending Balance | $25,060,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bolles School Jacksonville, FL | $131,930,396 | $55,866,326 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |
Miami Country Day School Inc Miami, FL | $132,305,093 | $52,562,056 |
Charlotte Latin Schools Inc Charlotte, NC | $136,686,590 | $47,461,290 |
Greater Atlanta Christian Schools Inc Norcross, GA | $104,910,212 | $44,897,863 |
Pace Academy Inc Atlanta, GA | $185,935,585 | $47,968,638 |
Ravenscroft School Inc Raleigh, NC | $81,090,288 | $36,426,897 |
Durham Academy Inc Durham, NC | $115,235,784 | $38,768,231 |
Purpose Built Schools Atlanta Inc Atlanta, GA | $15,990,097 | $34,651,857 |
Wesleyan School Inc Peachtree Corners, GA | $136,567,654 | $38,199,935 |
Paideia School Incorporated Atlanta, GA | $78,987,802 | $31,795,237 |
Benjamin Private School Inc North Palm Beach, FL | $92,959,329 | $35,673,109 |