Lausanne Collegiate School
- Assets
- $29.8m
- Revenue
- $21.3m
- Investments
- $0.0
- Employees
- 249
- Location
- Memphis, TN
- Founding
- 02/1955
- Data as of
- 05/2021
- EIN
- 62-0517292
Organization Overview
Lausanne Collegiate School is located in Memphis, TN. The organization was established in 1955. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 05/2022, Lausanne Collegiate School employed 249 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lausanne 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 05/2021, Lausanne Collegiate School generated $21.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $21.9m during the year ending 05/2021. While expenses have increased by 2.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL SERVICES FOR STUDENTS (PRESCHOOL THROUGH GRADE 12)
CAMP: SUMMER PROGRAMS TO PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING THE SUMMER MONTHS.
AFTERCARE: PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING AFTER SCHOOL HOURS UNTIL 6 PM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Mccathie Headmaster | OfficerTrustee | 40 | $421,940 |
Troy Graham Business Manager | Officer | 40 | $132,868 |
Greg Graber Director Of Social/emotnl Learning | 40 | $113,587 | |
Stuart Dunster Head Of Upper School | 40 | $108,953 | |
Lawson Arney Vp/development Committee Chair | OfficerTrustee | 1 | $0 |
Scott Dawson Vp/finance Committee Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lisco Property Management Property Management Services | 5/30/22 | $148,603 |
Jan-pro Cleaning System Of Memphis Janitorial Services | 5/30/22 | $268,055 |
Mechanical Systems Company Hvac Services | 5/30/22 | $277,899 |
Unistar Sparco Computers It Services | 5/30/22 | $104,801 |
Veracross Llc Software | 5/30/22 | $109,537 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,527 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $409,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $428,415 |
| Total Program Service Revenue | $20,878,676 |
| Investment income | $32,979 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,960 |
| Net Income from Fundraising Events | -$27,375 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,342,655 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,857,274 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $626,180 |
| Compensation of current officers, directors, key employees. | $93,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,529,305 |
| Pension plan accruals and contributions | $349,320 |
| Other employee benefits | $1,631,875 |
| Payroll taxes | $708,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,351 |
| Fees for services: Accounting | $45,136 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,048 |
| Fees for services: Other | $68,896 |
| Advertising and promotion | $206,631 |
| Office expenses | $207,182 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $320,784 |
| Travel | $21,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $74,030 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,538,689 |
| Insurance | $134,332 |
| All other expenses | $481,176 |
| Total functional expenses | $21,852,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,910 |
| Savings and temporary cash investments | $5,831,932 |
| Pledges and grants receivable | $397,870 |
| Accounts receivable, net | $163,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,177 |
| Prepaid expenses and deferred charges | $232,902 |
| Net Land, buildings, and equipment | $20,266,809 |
| Investments—publicly traded securities | $1,730,654 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $649,710 |
| Total assets | $29,785,379 |
| Accounts payable and accrued expenses | $1,855,124 |
| Grants payable | $0 |
| Deferred revenue | $934,904 |
| Tax-exempt bond liabilities | $3,830,000 |
| 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 | $2,186,648 |
| Other liabilities | $127,306 |
| Total liabilities | $8,933,982 |
| Net assets without donor restrictions | $19,740,721 |
| Net assets with donor restrictions | $1,110,676 |
| 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 | $29,785,379 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Lausanne Collegiate School has recieved totaling $118,414.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $60,600 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $26,800 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,420 |
Lawrence M & Kerin C Magdovitz Foundation Cordova, TN PURPOSE: TO FURTHER THE GROWTH AND DEVELOPEMENT, EDUCATION, AND FINANCIAL SUPPORT OF VARIOUS CHARITIES | $7,498 |
Don & Roy Splawn Charitable Foundation East Inc Nashville, TN PURPOSE: GENERAL ASSISTANCE | $4,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $596 |
Endowment Analysis
| Beg. Balance | $1,670,612 |
| Earnings | -$107,580 |
| Admin Expense | $3,387 |
| Net Contributions | $11,371 |
| Other Expense | $16,444 |
| Grants | $62,616 |
| Ending Balance | $1,491,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The Children Of Mississippi Inc Flowood, MS | $32,913,948 | $30,247,963 |
The Sheltering Arms Atlanta, GA | $37,115,971 | $26,836,460 |
Lausanne Collegiate School Memphis, TN | $29,785,379 | $21,342,655 |
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Washington County Opportunities Inc Greenville, MS | $2,892,910 | $12,059,595 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |