St Andrews School Of Boca Raton Inc
- Assets
- $86.4m
- Revenue
- $47.7m
- Investments
- $9.8m
- Employees
- 474
- Location
- Boca Raton, FL
- Founding
- 07/1963
- Data as of
- 06/2019
- EIN
- 59-0942383
Organization Overview
St Andrews School Of Boca Raton Inc is located in Boca Raton, FL. The organization was established in 1963. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2019, St Andrews School Of Boca Raton Inc employed 474 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2019, St Andrews School Of Boca Raton Inc generated $47.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $48.8m during the year ending 06/2019. While expenses have increased by 1.9% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SAINT ANDREW'S SCHOOL WAS CHARTERED AS A BOARDING SCHOOL BY THE EPISCOPAL SCHOOL FOUNDATION IN BOCA RATON, FLORIDA IN 1961. THE SCHOOL'S MISSION WAS TO PROVIDE A RIGOROUS ACADEMIC EDUCATION TO 122 UPPER SCHOOL BOYS. OVER THE YEARS THE SCHOOL HAS EXPANDED IN SCOPE AND MISSION TO BECOME AN INDEPENDENT, CO-EDUCATIONAL SCHOOL WITH 1,267 STUDENTS FROM GRADES JK - 12. SAINT ANDREW'S SCHOOL IS A NATIONALLY RECOGNIZED JUNIOR KINDERGARTEN (PRE-K) THROUGH GRADE 12, DAY AND BOARDING, COLLEGE PREPARATORY SCHOOL IN BOCA RATON, FLORIDA, WITHIN PALM BEACH COUNTY. WE OFFER A RIGOROUS, PRIVATE SCHOOL CURRICULUM THAT FOSTERS CREATIVE THINKING, OPPORTUNITIES TO ACHIEVE BALANCE, AND EXPERIENCES THAT BUILD STRONG CHARACTER. WE ARE DELIGHTED TO SERVE STUDENTS FROM OVER 40 COUNTRIES OF MULTIPLE FAITHS AND CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC PROGRAM:- INSTRUCTION TO APPROXIMATELY 1,267 STUDENTS FROM GRADES PK-12 - INTERNATIONAL BACCALAUREATE PYP PROGRAM FOR PRE-K THROUGH 5TH GRADES, MYP 6TH THROUGH 10TH GRADES, WITH IB DIPLOMA FOR 11TH & 12TH GRADES.- STUDENT ACTIVITIES- STUDENT FOOD SERVICES- SUMMER PROGRAMS
AUXILIARY SERVICES:- SCHOOL PUBLICATIONS, NEWSPAPER & YEARBOOK- AUXILIARY FACILITIES USAGE- INFIRMARY- SCHOOL STORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ethan Shapiro Head Of School | Officer | 50 | $492,802 |
Philip Cork Assoc Headmaster Finance (former) | Officer | 50 | $249,745 |
Elias Bassil Chief Information Officer | 50 | $160,953 | |
Everett Poisson Dir Of Institutional Advancement | 50 | $157,446 | |
Thomas Falls Director Operations | 50 | $141,979 | |
Kathy Van Valkenburg Business Manager | 50 | $140,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,954,639 |
| Investment income | $383,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $596 |
| Net Income from Fundraising Events | $47,587 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $170,800 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,728,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $6,379,280 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,694,618 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,340,726 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,179,381 |
| Payroll taxes | $1,398,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $260,823 |
| Fees for services: Accounting | $71,818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,798 |
| Fees for services: Other | $333,124 |
| Advertising and promotion | $290,879 |
| Office expenses | $99,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,865,258 |
| Travel | $170,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,588,352 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,590,094 |
| Insurance | $53,623 |
| All other expenses | $0 |
| Total functional expenses | $48,813,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,958,739 |
| Savings and temporary cash investments | $665,733 |
| Pledges and grants receivable | $4,452,122 |
| Accounts receivable, net | $419,397 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $387,781 |
| Prepaid expenses and deferred charges | $569,723 |
| Investments—publicly traded securities | $9,967,349 |
| Investments—other securities | $9,826,217 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $368,934 |
| Total assets | $86,373,097 |
| Accounts payable and accrued expenses | $1,391,680 |
| Grants payable | $0 |
| Deferred revenue | $20,726,781 |
| 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 | $31,830,344 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,119,162 |
| Total liabilities | $58,067,967 |
| Net assets without donor restrictions | $13,613,024 |
| Net assets with donor restrictions | $2,933,120 |
| Capital stock or trust principal, or current funds | $11,758,986 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $28,305,130 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that St Andrews School Of Boca Raton Inc has recieved totaling $48,714.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersburg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $21,714 |
Gerald & Olivia Shapiro Family Foundation Las Vegas, NV PURPOSE: ANNUAL FUND | $1,000 |
Gerald & Olivia Shapiro Family Foundation Las Vegas, NV PURPOSE: ANNUAL FUND | $1,000 |
Endowment Analysis
| Beg. Balance | $18,523,494 |
| Earnings | $1,283,799 |
| Net Contributions | -$4,968 |
| Ending Balance | $19,802,325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Andrews School Of Boca Raton Inc Boca Raton, FL | $86,373,097 | $47,728,671 |
Lake Highland Preparatory School Inc Orlando, FL | $74,878,792 | $43,838,031 |
Montverde Academy Montverde, FL | $54,309,748 | $32,007,011 |
Episcopal School Of Jacksonville Inc Jacksonville, FL | $51,998,988 | $26,337,584 |
Rabun Gap-Nacoochee School Rabun Gap, GA | $88,677,607 | $24,641,351 |
Palmer Trinity Private School Inc Palmetto Bay, FL | $79,986,246 | $30,349,034 |
Riverside Military Academy Inc Gainesville, GA | $82,374,330 | $20,741,866 |
Belen Jesuit Preparatory School Inc Miami, FL | $43,846,695 | $27,791,869 |
Whitefield Academy Inc Mableton, GA | $75,337,309 | $22,501,424 |
Tallulah Falls School Inc Tallulah Falls, GA | $73,179,701 | $21,514,597 |
Tampa Preparatory School Inc Tampa, FL | $35,398,207 | $19,889,939 |
Admiral Farragut Academy Inc St Petersburg, FL | $21,987,210 | $17,628,245 |