Louisville Collegiate School
- Assets
- $49.1m
- Revenue
- $27.7m
- Investments
- $9.1m
- Employees
- 209
- Location
- Louisville, KY
- Founding
- 07/1946
- Data as of
- 06/2023
- EIN
- 61-0449630
Organization Overview
Louisville Collegiate School is located in Louisville, KY. The organization was established in 1946. 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, Louisville Collegiate School employed 209 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Collegiate 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, Louisville Collegiate School generated $27.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $21.7m during the year ending 06/2023. While expenses have increased by 3.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A JK-12, CO-EDUCATIONAL INDEPENDENT SCHOOL.
Describe the Organization's Program Activity:
OPERATION OF A JK-12, CO-EDUCATIONAL INDEPENDENT SCHOOL FOR APPROXIMATELY 777 STUDENTS, AND 153 FACULTY, STAFF AND ADMINISTRATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ding Alex Memeber | Trustee | 2 | $0 |
Estep Kelly Pa President | Trustee | 5 | $0 |
Hoskins Megan Chair, Strategic Planning Committee | Trustee | 5 | $0 |
Holland Augusta President | Trustee | 5 | $0 |
Fitzgerald Brian Treasurer | Trustee | 5 | $0 |
Adams Tomarra Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,743 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,883,394 |
| Noncash contributions included in lines 1a–1f | $600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,887,137 |
| Total Program Service Revenue | $19,561,014 |
| Investment income | $198,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $94,584 |
| Net Income from Fundraising Events | $68,097 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,704,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $753,004 |
| Compensation of current officers, directors, key employees. | $105,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,992,757 |
| Pension plan accruals and contributions | $354,725 |
| Other employee benefits | $812,286 |
| Payroll taxes | $608,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,467 |
| Fees for services: Accounting | $35,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,178 |
| Office expenses | $217,943 |
| Information technology | $289,273 |
| Royalties | $0 |
| Occupancy | $1,240,488 |
| Travel | $27,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $65,397 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,315,144 |
| Insurance | $135,154 |
| All other expenses | $71,144 |
| Total functional expenses | $21,746,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,385,634 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,066,947 |
| Accounts receivable, net | $162,977 |
| 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 | $145,851 |
| Net Land, buildings, and equipment | $31,832,941 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,101,659 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $412,712 |
| Total assets | $49,108,721 |
| Accounts payable and accrued expenses | $1,636,945 |
| Grants payable | $0 |
| Deferred revenue | $4,152,561 |
| Tax-exempt bond liabilities | $2,063,216 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $12,500 |
| Secured mortgages and notes payable | $11,752 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,876,974 |
| Net assets without donor restrictions | $36,511,697 |
| Net assets with donor restrictions | $4,720,050 |
| 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 | $49,108,721 |