Totals
- Total revenue
- $2,285,217
- Total expenses
- $2,451,484
- Contributions and grants received
- $117,058
- Grants paid
- $0
- Program service revenue
- $2,114,781
- Investment income
- $37,217
- Other revenue
- $16,161
- Total assets, end of year
- $881,562
- Total liabilities, end of year
- $1,426,606
- Net assets or fund balances, end of year
- -$545,044
- Program services expenses (Part IX)
- $2,002,056
- Management and general expenses
- $369,883
- Fundraising expenses
- $79,545
- Program service expenses (Part III)
- $2,002,056
Program services were 81.7% 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
$117,058
-
2a · Program service revenue: TUITION
total $1,970,328 · related or exempt $1,970,328
-
2b · Program service revenue: CAMP FEES
total $76,087 · related or exempt $76,087
-
2c · Program service revenue: STUDENT EVENTS
total $30,941 · related or exempt $30,941
-
2d · Program service revenue: HOSTING
total $24,525 · related or exempt $24,525
-
2e · Program service revenue: STUDENT TRANSPORTATION
total $12,900 · related or exempt $12,900
-
3 · Investment income
total $35,224 · excluded $35,224
-
7a · Gross sales of assets other than inventory
securities $32,795
-
7b · Less cost or other basis and sales expenses
securities $30,802
-
7c · Gain or loss
securities $1,993
-
7d · Net gain or loss
total $1,993 · excluded $1,993
-
8a · Fundraising events: gross income
$127,702
-
8a · Fundraising events: contributions included on line 1c
$117,058
-
8b · Fundraising events: direct expenses
$111,541
-
8c · Net income from fundraising events
total $16,161 · excluded $16,161
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $232,744 · program services $36,770 · management and general $174,018 · fundraising $21,956
-
7 · Other salaries and wages
total $1,388,377 · program services $1,253,756 · management and general $97,203 · fundraising $37,418
-
9 · Other employee benefits
total $30,993 · program services $24,522 · management and general $5,309 · fundraising $1,162
-
10 · Payroll taxes
total $126,447 · program services $100,045 · management and general $21,660 · fundraising $4,742
-
11a · Fees: management
total $43,100 · program services $43,100
-
11b · Fees: legal
total $395 · management and general $395
-
11c · Fees: accounting
total $6,113 · management and general $6,113
-
12 · Advertising and promotion
total $32,285 · program services $32,285
-
13 · Office expenses
total $45,682 · program services $36,146 · management and general $7,826 · fundraising $1,710
-
16 · Occupancy
total $240,694 · program services $190,437 · management and general $41,231 · fundraising $9,026
-
17 · Travel
total $26,261 · program services $26,261
-
22 · Depreciation, depletion and amortization
total $43,094 · program services $34,096 · management and general $7,382 · fundraising $1,616
-
23 · Insurance
total $31,222 · program services $24,703 · management and general $5,348 · fundraising $1,171
-
24a · Other expenses: SCHOOL PROGRAMS & CAMPS
total $148,599 · program services $148,599
-
24b · Other expenses: SPORTS
total $35,292 · program services $35,292
-
24c · Other expenses: BANKING
total $20,186 · program services $16,044 · management and general $3,398 · fundraising $744
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $323,803 · end of year $46,894
-
2 · Savings and temporary cash investments
beginning of year $366,175 · end of year $148,214
-
4 · Accounts receivable
beginning of year $220,363 · end of year $203,051
-
10a · Land, buildings and equipment: cost or other basis
$680,923
-
10b · Land, buildings and equipment: accumulated depreciation
$500,559
-
10c · Land, buildings and equipment, net
beginning of year $136,217 · end of year $180,364
-
11 · Investments: publicly traded securities
beginning of year $127,483 · end of year $290,570
-
15 · Other assets
beginning of year $10,000 · end of year $12,469
-
17 · Accounts payable and accrued expenses
beginning of year $95,525 · end of year $161,129
-
19 · Deferred revenue
beginning of year $393,034 · end of year $320,211
-
25 · Other liabilities
beginning of year $1,116,071 · end of year $945,266
-
27 · Net assets without donor restrictions
beginning of year -$420,589 · end of year -$545,044
Mission and programs · 2023
Mission
THE AVALON SCHOOL, AN INDEPENDENT SCHOOL FOR BOYS, SEEKING TO CULTIVATE IN IT'S STUDENTS INTELLECTUAL FREEDOM, PERSONAL RESPONSIBILITY AND A SPIRIT OF ADVENTURE IN AN ATMOSPHERE THAT ALLOWS BOYS TO BE BOYS. THE DISTINCTIVE LEARNING CHARACTERISTICS OF YOUNG MEN ARE ADDRESSED BOTH IN AND OUT OF THE CLASSROOM THROUGH A CURRICULUM STEEPED IN THE HUMANITIES.
Activities or mission (Part I)
TO CULTIVATE INTELLECTUAL FREEDOM, PERSONAL RESPONSIBILITY AND A SPIRIT OF ADVENTURE THROUGH EDUCATION
-
OPERATE A PRIMARY AND SECONDARY CATHOLIC BOY'S SCHOOL LOCATED IN SILVER SPRING, MD. EDUCATING UP TO 165 STUDENTS GRADES 2 THROUGH 12.
Expenses $1,966,764 · Revenue $1,983,228
-
OPERATE A BOYS ATHLETIC PROGRAM FOR BOTH MIDDLE SCHOOL AND HIGH SCHOOL. SPORTS OFFERED FOR THE BOYS INCLUDE BASKETBALL, BASEBALL, AND SOCCER.
Expenses $35,292 · Revenue $131,553
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jackie AldretteJACKIE ALDRETTE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Richard McPhersonRICHARD MCPHERSON
PRESIDENT
- Total calculated
- $104,375
- From this org
- $0
- From related orgs
- $104,375
- Other
- $0
- Hours/week
- 1 + 39 related
-
Kevin MuhaKEVIN MUHA
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lorenzo DemarchiLORENZO DEMARCHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Stefano RattiSTEFANO RATTI
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Thomas WhippenTHOMAS WHIPPEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rollin James HawleyROLLIN JAMES HAWLEY
EXECUTIVE DIRECTOR
- Total calculated
- $109,780
- From this org
- $54,890
- From related orgs
- $54,890
- Other
- $0
- Hours/week
- 20 + 20 related
-
David GerstenDAVID GERSTEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Barry StohlmanBARRY STOHLMAN
BUSINESS MANAGER
- Total calculated
- $97,794
- From this org
- $48,897
- From related orgs
- $48,897
- Other
- $0
- Hours/week
- 20 + 20 related
-
Kevin DavernKEVIN DAVERN
HEADMASTER
- Total calculated
- $128,458
- From this org
- $128,458
- From related orgs
- $0
- Other
- $0
- Hours/week
- 39 + 1 related
-
Istvan TelekiISTVAN TELEKI
DIRECTOR OF ADMISSIONS/TEACHER
- Total calculated
- $110,372
- From this org
- $110,372
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
-
501(C)(3) · SCHOOL · MD
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349302688
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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