Mccallie School Inc

Organization Overview

Mccallie School Inc is located in Chattanooga, TN. The organization was established in 1938. 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, Mccallie School Inc employed 551 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccallie 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, Mccallie School Inc generated $79.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $50.3m during the year ending 06/2022. While expenses have increased by 3.9% 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.

Since 2018, Mccallie School Inc has awarded 13 individual grants totaling $169,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FOR THE CONDUCT OF A PRIVATE DAY AND BOARDING SCHOOL SERVING BOYS IN GRADES 6-12.

Describe the Organization's Program Activity:

MCCALLIE PROVIDED 949 STUDENTS IN 6TH THROUGH 12TH GRADES WITH EDUCATIONAL AND ACADEMIC SERVICES. BOARDING AND DAY STUDENTS PARTICIPATE IN OVER 40 STUDENT-CENTERED ORGANIZATIONS AND AN OUTSTANDING ARRAY OF EXTRA-CURRICULAR ACTIVITIES. THESE INCLUDE NATIONALLY RECOGNIZED PROGRAMS IN ATHLETICS, IN THE ARTS, AND COMMUNITY SERVICE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cambridge Associates Llc
Investment Advisors
$168,750
Hgh Construction Llc
Construction
$220,000
Tu Parks Construction Company
Construction
$251,872
Tkc Management Services
Physical Plant Mgmt
$2,812,414
Sodexo Inc Affiliates
Dining Services
$2,275,506
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$104,600
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,079,449
Noncash contributions included in lines 1a–1f $1,827,237
Total Revenue from Contributions, Gifts, Grants & Similar$10,184,049
Total Program Service Revenue$40,543,266
Investment income $3,385,382
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $39,550
Net Gain/Loss on Asset Sales $25,082,151
Net Income from Fundraising Events $73,077
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $37,929
Miscellaneous Revenue$0
Total Revenue $79,356,942

Grants Awarded

Over the last fiscal year, Mccallie School Inc has awarded $36,000 in support to 2 organizations.

Grant RecipientAmount

NATIONAL CENTER FOR THE DEVELOPMENT OF BOYS

Org PageRecipient Profile

Chattanooga, TN

|

$24,000

COMMUNITY FOUNDATION OF GREATER CHATTANOOGA

Org PageRecipient Profile

Chattanooga, TN

|

$12,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mccallie School Inc has recieved totaling $51,000.

Awarding OrganizationAmount
Betty A And James B Williams Foundation Inc

Atlanta, GA

PURPOSE: CHARITABLE

$50,000
Organization Name not Listed

PURPOSE: GENERAL SUPPORT

|

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$171,826,136
Earnings-$19,447,951
Net Contributions$4,514,624
Other Expense$7,435,086
Grants$1,911,853
Ending Balance$147,545,870

Peer Organizations

Organization NameAssets
Principia Corporation
St Louis, MO
$256,921,200
Woodward Academy Inc
College Park, GA
$85,209,091
Westminster Schools Inc
Atlanta, GA
$99,709,851
Imagine Schools Non-Profit Inc
Vienna, VA
$62,482,447
Lovett School
Atlanta, GA
$63,708,553
The East Coast Migrant Head Start Project
Raleigh, NC
$60,635,891
Charlotte Country Day School
Charlotte, NC
$57,558,870
Collegiate School
Richmond, VA
$59,848,503
Mccallie School Inc
Chattanooga, TN
$79,356,942
Potomac School
Mclean, VA
$49,665,882
Providence Day School
Charlotte, NC
$50,140,053
Flint Hill School
Oakton, VA
$45,449,765

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