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Nonprofiteer
← BISHOP NOLAND EPISCOPAL DAY SCHOOL

Form 990 for tax year 2024

Filed by BISHOP NOLAND EPISCOPAL DAY SCHOOL.

Totals

Total revenue
$7,149,208
Total expenses
$5,790,956
Contributions and grants received
$587,220
Grants paid
$0
Program service revenue
$5,422,220
Investment income
$110,244
Other revenue
$1,029,524
Total assets, end of year
$18,689,154
Total liabilities, end of year
$5,375,553
Net assets or fund balances, end of year
$13,313,601
Program services expenses (Part IX)
$4,844,546
Management and general expenses
$946,410
Fundraising expenses
$0
Program service expenses (Part III)
$4,844,546

Program services were 83.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $474,053

  • 1e · Government grants (contributions)

    $113,167

  • 2a · Program service revenue: TUITION & FEES

    total $4,794,593 · related or exempt $4,794,593

  • 2b · Program service revenue: STUDENT SERVICES

    total $433,157 · related or exempt $433,157

  • 2c · Program service revenue: DAYCARE FEES

    total $194,470 · related or exempt $194,470

  • 3 · Investment income

    total $110,244 · excluded $110,244

  • 8a · Fundraising events: gross income

    $341,936

  • 8a · Fundraising events: contributions included on line 1c

    $474,053

  • 8b · Fundraising events: direct expenses

    $276,025

  • 8c · Net income from fundraising events

    total $65,911 · excluded $65,911

  • 11a · Other revenue: ERC REVENUES

    total $960,000 · related or exempt $960,000

  • 11b · Other revenue: OTHER MISCELLANEOUS

    total $3,613 · related or exempt $3,613

  • 11e · Other revenue, total

    $963,613

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $3,426,477 · program services $2,741,182 · management and general $685,295

  • 9 · Other employee benefits

    total $190,696 · program services $152,557 · management and general $38,139

  • 10 · Payroll taxes

    total $225,031 · program services $180,025 · management and general $45,006

  • 11c · Fees: accounting

    total $15,300 · program services $12,240 · management and general $3,060

  • 11g · Fees: other

    total $47,061 · program services $37,649 · management and general $9,412

  • 13 · Office expenses

    total $248,575 · program services $198,860 · management and general $49,715

  • 16 · Occupancy

    total $578,909 · program services $463,126 · management and general $115,783

  • 22 · Depreciation, depletion and amortization

    total $481,721 · program services $481,721

  • 24a · Other expenses: STUDENT SERVICES

    total $480,627 · program services $480,627

  • 24b · Other expenses: INSTRUCTIONAL MATERIALS

    total $96,559 · program services $96,559

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $454,529 · end of year $663,096

  • 2 · Savings and temporary cash investments

    beginning of year $2,032,200 · end of year $2,644,129

  • 3 · Pledges and grants receivable

    beginning of year $31,812 · end of year $9,025

  • 4 · Accounts receivable

    beginning of year $297,281 · end of year $122,992

  • 9 · Prepaid expenses and deferred charges

    beginning of year $64,761 · end of year $55,078

  • 10a · Land, buildings and equipment: cost or other basis

    $18,382,150

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,227,116

  • 10c · Land, buildings and equipment, net

    beginning of year $13,183,895 · end of year $15,155,034

  • 15 · Other assets

    beginning of year $1,494,113 · end of year $39,800

  • 17 · Accounts payable and accrued expenses

    beginning of year $361,042 · end of year $367,449

  • 19 · Deferred revenue

    beginning of year $397,520 · end of year $391,173

  • 23 · Secured mortgages and notes payable

    beginning of year $4,844,680 · end of year $4,616,931

  • 27 · Net assets without donor restrictions

    beginning of year $9,262,541 · end of year $13,218,268

  • 28 · Net assets with donor restrictions

    beginning of year $2,692,808 · end of year $95,333

Mission and programs · 2024

Mission

TO PROVIDE ACADEMIC EXCELLENCE TO A DIVERSE STUDENT BODY IN A CHRISTIAN ENVIRONMENT.

  • TO PROVIDE ACADEMIC EXCELLENCE TO A DIVERSE STUDENT BODY IN A CHRISTIAN ENVIRONMENT.

    Expenses $4,844,546 · Revenue $6,385,833

As filed on the 2024 return.

Listed in Part VII

  • EMILY WILLIAMS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5
  • SHAVELA HARVEY

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5
  • JIM MCGOUGH

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • CARRIE KUDLA

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • DR LAURA GAAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • DR CARA FONTENOT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • GRAY STREAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • TAYLOR HALE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • DR HAMPTON RUTLAND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • DR DANIELLE ROBINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • ELISABETH LAMOTTE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • JESSICA WILLIAMSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • DR CHARLES STEWART

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • WILLIAM HENNING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • JAY ZAVERI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • NICOLE RASCO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • CANDACE SCROGGS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • RYAN CARTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 January 2026
IRS schema version
2024v5.5
Source object
202630169349300613

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