Randolph School
- Assets
- $69.2m
- Revenue
- $21.4m
- Investments
- $28.9m
- Employees
- 288
- Location
- Huntsville, AL
- Founding
- 11/1960
- Data as of
- 06/2021
- EIN
- 63-0412843
Organization Overview
Randolph School is located in Huntsville, AL. The organization was established in 1960. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Randolph School employed 288 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Randolph 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 06/2021, Randolph School generated $21.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $18.2m during the year ending 06/2021. While expenses have increased by 0.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ELEMENTARY AND SECONDARY SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUITION AND FEES
STUDENT SUPPORT SERVICES
OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Dube Head Of School | Officer | 50 | $225,509 |
Jerry Beckman Director Of Academic Affairs | Officer | 40 | $191,528 |
Linda Bryant Asst. Head For Finance And | Officer | 60 | $177,069 |
Adam Bernick Director Of Advancement | 60 | $110,459 | |
Blake Davenport Athletic Director | 50 | $103,464 | |
Jennifer Ragsdale Head Of Middle School | 40 | $103,377 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alabama Cleaning Service Janitorial | 6/29/17 | $200,676 |
Adventure Travel Travel Services | 6/29/17 | $277,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,899,828 |
| Investment income | $953,222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $780 |
| Net Gain/Loss on Asset Sales | $1,149,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,425,432 |
| Statement of Expenses | |
|---|---|
| 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. | $1,371,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,153,983 |
| Pension plan accruals and contributions | $396,266 |
| Other employee benefits | $0 |
| Payroll taxes | $757,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,100 |
| Fees for services: Accounting | $33,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $162,112 |
| Fees for services: Other | $82,221 |
| Advertising and promotion | $39,971 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $955,209 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,339,080 |
| Insurance | $105,313 |
| All other expenses | $0 |
| Total functional expenses | $18,185,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,641,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,708,799 |
| Accounts receivable, net | $10,780 |
| 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 | $31,819 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $28,920,687 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,204 |
| Total assets | $69,168,210 |
| Accounts payable and accrued expenses | $955,374 |
| Grants payable | $0 |
| Deferred revenue | $2,135,594 |
| 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 | $26,813,285 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $895,000 |
| Total liabilities | $30,799,253 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $38,368,957 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Randolph School has recieved totaling $186,250.
| Awarding Organization | Amount |
|---|---|
The@jane K Lowe Charitable Foundation Huntsville, AL PURPOSE: EDUCATION | $76,866 |
The@jane K Lowe Charitable Foundation Huntsville, AL PURPOSE: EDUCATION | $76,549 |
Community Foundation Of Greater Huntsville Huntsville, AL PURPOSE: EDUCATION | $17,000 |
The Beard-Young Family Foundation Huntsville, AL PURPOSE: CHARITABLE DONATION | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $835 |
Endowment Analysis
| Beg. Balance | $20,391,753 |
| Earnings | $6,203,358 |
| Admin Expense | $157,240 |
| Net Contributions | $20,800 |
| Grants | $26,608 |
| Ending Balance | $26,432,063 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ensworth School Nashville, TN | $203,625,309 | $44,175,360 |
Kings Academy Inc West Palm Beach, FL | $71,507,499 | $41,105,705 |
Bridgeprep Academy Inc Miami, FL | $11,150,990 | $35,186,838 |
Westminster Christian School Miami, FL | $63,040,762 | $31,809,440 |
Scheck Hillel Community School Inc North Miami, FL | $32,581,738 | $29,091,360 |
Freedom Preparatory Academy Inc Memphis, TN | $50,857,494 | $33,295,008 |
Cushman School Inc Miami, FL | $60,717,443 | $28,827,418 |
Mt Paran Christian School Inc Kennesaw, GA | $56,928,804 | $29,889,603 |
Franklin Road Academy Inc Nashville, TN | $58,128,778 | $31,046,189 |
Brentwood Academy Inc Brentwood, TN | $50,379,157 | $25,930,047 |
The Hebrew Day School Of Broward County Inc Davie, FL | $31,151,205 | $23,429,832 |
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |