St Marys Episcopal School
- Assets
- $88.5m
- Revenue
- $24.1m
- Investments
- $1.3m
- Employees
- 288
- Location
- Memphis, TN
- Founding
- 04/1965
- Data as of
- 06/2022
- EIN
- 62-0604637
Organization Overview
St Marys Episcopal School is located in Memphis, TN. The organization was established in 1965. 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, St Marys Episcopal School employed 288 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Marys Episcopal 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 06/2022, St Marys Episcopal School generated $24.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $22.1m during the year ending 06/2022. While expenses have increased by 2.0% 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 2017, St Marys Episcopal School has awarded 35 individual grants totaling $244,320. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ST. MARY'S EPISCOPAL SCHOOL IS TO PROVIDE A SUPERIOR EDUCATIONAL EXPERIENCE FOR GIRLS WHICH WILL ENCOURAGE AND ENABLE EACH STUDENT TO REACH HER INDIVIDUAL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COLLEGE PREPARATORY EDUCATION FOR GIRLS FROM PRE-K TO TWELFTH GRADE, REGARDLESS OF SOCIO-ECONOMIC, ETHNIC, OR RELIGIOUS BACKGROUND. (APPROXIMATELY 825 GIRLS)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Throckmorton Head Of Scho | Officer | 40 | $310,092 |
Lynn Isaacs Chief Financ | Officer | 40 | $143,663 |
Hilary Robinson Asst Head Of | 40 | $123,615 | |
Lauren Rogers Head Of Uppe | 40 | $114,931 | |
Sarah Jenks Director Of | 40 | $113,247 | |
Nicole Hernandez Director Adm | 40 | $106,749 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Linkous Construction Company Inc Construction | 6/29/22 | $123,631 |
Iss Facility Services Janitorial | 6/29/22 | $293,725 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,211 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,837,038 |
| Noncash contributions included in lines 1a–1f | $164,477 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,863,249 |
| Total Program Service Revenue | $20,505,583 |
| Investment income | $651,490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,123,668 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,143,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,620 |
| Grants and other assistance to domestic individuals. | $2,069,329 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $453,755 |
| Compensation of current officers, directors, key employees. | $74,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,645,912 |
| Pension plan accruals and contributions | $521,649 |
| Other employee benefits | $716,999 |
| Payroll taxes | $802,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,609 |
| Fees for services: Accounting | $28,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $174,422 |
| Fees for services: Other | $1,427,875 |
| Advertising and promotion | $141,796 |
| Office expenses | $329,627 |
| Information technology | $252,775 |
| Royalties | $0 |
| Occupancy | $1,127,303 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $616,301 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,768,891 |
| Insurance | $161,577 |
| All other expenses | $303,100 |
| Total functional expenses | $22,082,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $994,374 |
| Savings and temporary cash investments | $7,939,225 |
| Pledges and grants receivable | $1,938,784 |
| Accounts receivable, net | $9,584,906 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,299 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $459,537 |
| Net Land, buildings, and equipment | $40,421,664 |
| Investments—publicly traded securities | $25,672,883 |
| Investments—other securities | $1,331,067 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,351 |
| Total assets | $88,473,090 |
| Accounts payable and accrued expenses | $2,252,253 |
| Grants payable | $0 |
| Deferred revenue | $17,432,155 |
| Tax-exempt bond liabilities | $12,395,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,054,000 |
| Unsecured mortgages and notes payable | $2,420,000 |
| Other liabilities | -$72,336 |
| Total liabilities | $35,481,072 |
| Net assets without donor restrictions | $52,992,018 |
| Net assets with donor restrictions | $0 |
| 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 | $88,473,090 |
Grants Awarded
Over the last fiscal year, St Marys Episcopal School has awarded $26,120 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN | | $7,000 |
Memphis, TN | | $7,000 |
Memphis, TN | | $6,795 |
Memphis, TN | | $5,325 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that St Marys Episcopal School has recieved totaling $1,315,772.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $490,601 |
J R Hyde Iii Foundation Memphis, TN PURPOSE: GENERAL OPERATING SUPPORT | $327,500 |
Thomas M Garrott Foundation Orlando, FL PURPOSE: GENERAL OPERATING | $296,700 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $121,960 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $73,630 |
Sally Johnson Shy Foundation Memphis, TN PURPOSE: EDUCATION SUPPORT | $2,500 |
Endowment Analysis
| Beg. Balance | $31,071,576 |
| Earnings | -$2,865,273 |
| Net Contributions | $40,513 |
| Other Expense | $579,700 |
| Ending Balance | $28,667,116 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
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 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
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 |