Kolby Academy
- Assets
- $2.7m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 168
- Location
- Napa, CA
- Founding
- 03/1946
- Data as of
- 12/2023
- EIN
- 94-2645624
Organization Overview
Kolby Academy is located in Napa, CA. The organization was established in 1946. 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 12/2023, Kolby Academy employed 168 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Kolby Academy 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 12/2023, Kolby Academy generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $6.1m during the year ending 12/2023. While expenses have increased by 14.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CLASSICAL EDUCATION TO OVER 3,500 HOME SCHOOL STUDENTS AS WELL AS ONLINE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL OFFERS HOME SCHOOLING USING WRITTEN AND ONLINE CLASSES. ADVISORS ARE AVAILABLE FOR CONSULTING. THE SCHOOL PROVIDES THE COURSE BOOKS AND SYLLABUS FOR CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Rowles COO | Officer | 40 | $153,935 |
Mary Rowles CEO | Officer | 40 | $102,125 |
Megan Lengyl Director | Officer | 40 | $98,650 |
Steve Dilly CFO | Officer | 40 | $36,000 |
Dianne Muth Director | Trustee | 2 | $4,474 |
Tove Ann Purification Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,652 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,652 |
| Total Program Service Revenue | $5,070,390 |
| Investment income | $1,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $399,291 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,539,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $193,720 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $401,706 |
| Compensation of current officers, directors, key employees. | $80,341 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,838,626 |
| Pension plan accruals and contributions | $11,191 |
| Other employee benefits | $292,397 |
| Payroll taxes | $356,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $781 |
| Fees for services: Other | $158,719 |
| Advertising and promotion | $179,907 |
| Office expenses | $15,371 |
| Information technology | $67,914 |
| Royalties | $0 |
| Occupancy | $22,466 |
| Travel | $29,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,830 |
| Interest | $4,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,816 |
| Insurance | $27,569 |
| All other expenses | $98,664 |
| Total functional expenses | $6,108,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,682 |
| Savings and temporary cash investments | $253,860 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,001,924 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $580,249 |
| Prepaid expenses and deferred charges | $35,307 |
| Net Land, buildings, and equipment | $509,451 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,997 |
| Other assets | $0 |
| Total assets | $2,700,470 |
| Accounts payable and accrued expenses | $300,279 |
| Grants payable | $0 |
| Deferred revenue | $2,109,775 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $200,616 |
| Total liabilities | $2,610,670 |
| Net assets without donor restrictions | $89,800 |
| 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 | $2,700,470 |