Form 990 for tax year 2023

Filed by EPISCOPAL SCHOOL OF DALLAS INC.

Totals

Total revenue: $50,751,068
Total expenses: $46,580,296
Contributions and grants received: $5,340,913
Grants paid: $4,881,590
Program service revenue: $44,052,272
Investment income: $1,440,655
Other revenue: -$82,772
Total assets, end of year: $120,354,291
Total liabilities, end of year: $51,656,261
Net assets or fund balances, end of year: $68,698,030
Program services expenses (Part IX): $36,459,512
Management and general expenses: $8,536,059
Fundraising expenses: $1,584,725
Program service expenses (Part III): $36,459,512

Program services were 78.3% 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

$1,152,798
1d · Related organizations

$1,220,000
1f · All other contributions, gifts and grants

$2,968,115
1g · Noncash contributions included above

$625,701
2a · Program service revenue: TUITION

total $39,639,754 · related or exempt $39,639,754
2b · Program service revenue: OTHER AUXILARY INCOME

total $1,723,681 · related or exempt $1,723,681
2c · Program service revenue: LUNCH FEES

total $1,659,883 · related or exempt $1,659,883
2d · Program service revenue: SUMMER SCHOOL

total $672,975 · related or exempt $672,975
2e · Program service revenue: NEW STUDENT FEES, TRIPS, FORFEITE

total $217,494 · related or exempt $217,494
2f · All other program service revenue

total $138,485 · related or exempt $138,485
3 · Investment income

total $1,467,144 · excluded $1,467,144
6a · Gross rents

real property $49,800
6b · Less rental expenses

real property $113,786
6c · Rental income or loss

real property -$63,986
6d · Net rental income or loss

total -$63,986 · excluded -$63,986
7b · Less cost or other basis and sales expenses

other assets $26,489
7c · Gain or loss

other assets -$26,489
7d · Net gain or loss

total -$26,489 · excluded -$26,489
8a · Fundraising events: gross income

$813,619
8a · Fundraising events: contributions included on line 1c

$1,152,798
8b · Fundraising events: direct expenses

$1,151,080
8c · Net income from fundraising events

total -$337,461 · excluded -$337,461
9a · Gaming: gross income

$44,600
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $44,600 · excluded $44,600
10a · Gross sales of inventory

$901,057
10b · Cost of goods sold

$626,982
10c · Net income from sales of inventory

total $274,075 · unrelated business $2,255 · excluded $271,820

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $4,881,590 · program services $4,881,590
5 · Compensation of officers, directors and key employees

total $1,721,593 · program services $60,801 · management and general $1,375,260 · fundraising $285,532
7 · Other salaries and wages

total $19,308,167 · program services $15,253,587 · management and general $3,488,875 · fundraising $565,705
8 · Pension plan contributions

total $847,230 · program services $650,170 · management and general $173,796 · fundraising $23,264
9 · Other employee benefits

total $3,769,321 · program services $2,781,383 · management and general $844,352 · fundraising $143,586
10 · Payroll taxes

total $1,606,015 · program services $1,173,545 · management and general $368,663 · fundraising $63,807
11b · Fees: legal

total $68,694 · management and general $68,694
11c · Fees: accounting

total $55,100 · management and general $55,100
11e · Fees: professional fundraising services

total $75,000 · fundraising $75,000
11g · Fees: other

total $8,195 · management and general $8,195
12 · Advertising and promotion

total $262,760 · management and general $134,999 · fundraising $127,761
13 · Office expenses

total $1,015,485 · program services $413,533 · management and general $496,495 · fundraising $105,457
14 · Information technology

total $620,724 · program services $590,050 · management and general $26,414 · fundraising $4,260
16 · Occupancy

total $1,972,022 · program services $1,619,637 · management and general $342,605 · fundraising $9,780
17 · Travel

total $771,769 · program services $720,604 · management and general $45,287 · fundraising $5,878
20 · Interest

total $332,650 · program services $274,424 · management and general $56,610 · fundraising $1,616
22 · Depreciation, depletion and amortization

total $3,545,316 · program services $2,924,753 · management and general $603,340 · fundraising $17,223
23 · Insurance

total $743,464 · program services $613,330 · management and general $126,522 · fundraising $3,612
24a · Other expenses: ACADEMICS

total $1,958,891 · program services $1,958,891
24b · Other expenses: LUNCH PROGRAM

total $1,508,201 · program services $1,507,421 · management and general $780
24c · Other expenses: PARENT'S ASSOCIATION &

total $489,023 · program services $489,023
24d · Other expenses: SPORT TEAM ASSESSMENT

total $139,269 · program services $139,269
24e · All other expenses

total $879,817 · program services $407,501 · management and general $320,072 · fundraising $152,244

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $247,863 · end of year $225,016
2 · Savings and temporary cash investments

beginning of year $32,724,132 · end of year $37,596,490
3 · Pledges and grants receivable

beginning of year $594,008 · end of year $842,194
4 · Accounts receivable

beginning of year $10,350,771 · end of year $10,791,432
8 · Inventories for sale or use

beginning of year $357,136 · end of year $294,946
9 · Prepaid expenses and deferred charges

beginning of year $385,101 · end of year $711,720
10a · Land, buildings and equipment: cost or other basis

$136,869,363
10b · Land, buildings and equipment: accumulated depreciation

$67,399,632
10c · Land, buildings and equipment, net

beginning of year $70,713,354 · end of year $69,469,731
11 · Investments: publicly traded securities

beginning of year $83,130 · end of year $122,483
15 · Other assets

beginning of year $416,526 · end of year $300,279
17 · Accounts payable and accrued expenses

beginning of year $1,788,636 · end of year $1,974,014
19 · Deferred revenue

beginning of year $38,357,559 · end of year $39,227,272
20 · Tax-exempt bond liabilities

beginning of year $9,622,603 · end of year $9,215,574
25 · Other liabilities

beginning of year $1,564,539 · end of year $1,239,401
27 · Net assets without donor restrictions

beginning of year $64,487,343 · end of year $68,406,038
28 · Net assets with donor restrictions

beginning of year $51,341 · end of year $291,992

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

ESD PREPARES CHILDREN FOR INTELLECTUAL DISCOVERY, INTEGRITY AND PURPOSE; WE DEVELOP THE TALENT AND POTENTIAL IN EACH STUDENT THROUGH SOUND LEARNING, DISCIPLINE, AND FAITH.

IN 1974, THE EPISCOPAL SCHOOL OF DALLAS, INC. (ESD) WAS FOUNDED ON FOUR FOUNDING TENETS, WHICH STILL GUIDE THE SCHOOL TODAY. WE BELIEVE DAILY WORSHIP, EXPERIENCES IN COMMUNITY, AND STUDIES IN ETHICAL DECISION-MAKING PREPARE ESD STUDENTS FOR SERVICE TO OTHERS, THE HIGHEST MANIFESTATION OF GOD'S PRESENCE IN OUR LIVES. NEARLY FIFTY YEARS LATER, OUR GOAL REMAINS STEADFAST.FOR ESD, THE STANDARD FOR ACHIEVEMENT IS A PERSONAL AND COLLECTIVE EXCELLENCE WITHIN A SCHOOL COMMUNITY THAT BALANCES NURTURE AND RIGOR OF THE WHOLE CHILD - SPIRIT, MIND, AND BODY. WITH THE DEDICATION OF FACULTY AND COMMUNITY MEMBERS, OUR STUDENTS ARE PREPARED FOR LIVES OF INTELLECTUAL DISCOVERY, INTEGRITY, AND PURPOSE.BY INTEGRATING RIGOROUS ACADEMIC PROGRAMS, ESD MANAGES THE DYNAMIC AND CHALLENGING EDUCATIONAL EXPERIENCE OF A CHILD AS A COLLEGE-BOUND STUDENT FROM BEGINNERS THROUGH GRADE 12. OUR CURRICULUM INCORPORATES THE FOUNDING TENETS OF DAILY WORSHIP, COMMUNITY, ETHICAL DECISION MAKING, AND SERVICE, ALONG WITH FUNDAMENTALS SUCH AS WELLNESS FOR LIFE AND SELF-DISCOVERY, INTO ACADEMICS IN ORDER TO DEVELOP THE EDUCATED CONSCIENCE OF EACH STUDENT.ESD OFFERS TRANSFORMATIVE EDUCATIONAL EXPERIENCES IN AN EPISCOPAL ENVIRONMENT THAT SEEKS TO FOSTER THE ACADEMIC EXCELLENCE AND DEVELOP THE MORAL COMPASS OF EACH STUDENT. ESD'S FACULTY AND STAFF PROVIDE ITS APPROXIMATELY 1,193 STUDENTS WITH A WIDE RANGE OF OPPORTUNITIES IN KEEPING WITH THE SCHOOL'S FUNDING TENETS - DAILY WORSHIP, COMMUNITY, ETHICAL DECISION MAKING, AND SERVICE TO OTHERS.

Expenses $36,459,512 · Grants $4,881,590 · Revenue $44,052,272

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

ANDY KELLER

DIRECTOR

Total calculated

$0

Hours/week

1
AYESHA HAQ

DIRECTOR

Total calculated

$0

Hours/week

1
BRENDON RILEY

DIRECTOR

Total calculated

$0

Hours/week

1
CANDICE HICKS-COLEMAN

DIRECTOR

Total calculated

$0

Hours/week

1
CAPERA RYAN

DIRECTOR

Total calculated

$0

Hours/week

1
CHRIS ELLISTON

CHAIR ELECT

Total calculated

$0

Hours/week

1
CHRISTOPHER GIRATA

DIRECTOR

Total calculated

$0

Hours/week

1
COLLIN COMER

DIRECTOR

Total calculated

$0

Hours/week

1
DAVID BAAD

HEAD OF SCHOOL

Total calculated

$619,901

From this org

$590,091

From related orgs

$0

Other

$29,810

Hours/week

38 + 2 related

Schedule J breakdown matched by us

Base

$458,691

Bonus

$70,000

Other

$61,400

Deferred

$15,919

Nontaxable benefits

$13,891

Filer's total

$619,901
GINNY SEARCY

DIRECTOR

Total calculated

$0

Hours/week

1
GISELLE MONTAGNA

DIRECTOR

Total calculated

$0

Hours/week

1
GREGG WHITEMAN

DIRECTOR

Total calculated

$0

Hours/week

1
J PUCKETT

DIRECTOR

Total calculated

$0

Hours/week

1
JIM SKOCHDOPOLE

TREASURER

Total calculated

$0

Hours/week

1
JAY LIPSCOMB

DIRECTOR

Total calculated

$0

Hours/week

1
JERRY JONES JR

DIRECTOR

Total calculated

$0

Hours/week

1
JOE EASTIN

DIRECTOR

Total calculated

$0

Hours/week

1
KIMBERLY BALLARD-MADISON

DIRECTOR

Total calculated

$0

Hours/week

1
KIT SAWERS

SECRETARY

Total calculated

$0

Hours/week

1
LISUN KUNG

DIRECTOR

Total calculated

$0

Hours/week

1
MADHUKAR TRIVEDI

DIRECTOR

Total calculated

$0

Hours/week

1
MARGARET SPELLINGS

DIRECTOR

Total calculated

$0

Hours/week

1
MARY ADAIR DOCKERY

CHAIR

Total calculated

$0

Hours/week

1
REAGAN STREY

DIRECTOR

Total calculated

$0

Hours/week

1
RHONDA DURHAM

DIRECTOR

Total calculated

$0

Hours/week

1
STEPHEN B SWANN

DIRECTOR

Total calculated

$0

Hours/week

1
SUKU NAIR

DIRECTOR

Total calculated

$0

Hours/week

1
WALKER ROYALL

DIRECTOR

Total calculated

$0

Hours/week

1
WILLIAM AMPOFO

DIRECTOR

Total calculated

$0

Hours/week

1
BLANCA MARY HERNANDEZ

CHIEF FINANCIAL OFFICER

Total calculated

$273,491

From this org

$249,936

From related orgs

$0

Other

$23,555

Hours/week

38 + 2 related

Schedule J breakdown matched by us

Base

$249,936

Bonus

$0

Other

$0

Deferred

$15,358

Nontaxable benefits

$8,197

Filer's total

$273,491
DENIS STOKES

CHIEF ADVANCEMENT OFFICER

Total calculated

$271,986

From this org

$249,809

From related orgs

$0

Other

$22,177

Hours/week

38 + 2 related

Schedule J breakdown matched by us

Base

$249,809

Bonus

$0

Other

$0

Deferred

$12,605

Nontaxable benefits

$9,572

Filer's total

$271,986
RUTH BURKE

ASSOCIATE HEAD OF SCHOOL

Total calculated

$293,920

From this org

$257,778

From related orgs

$0

Other

$36,142

Hours/week

39 + 1 related

Schedule J breakdown matched by us

Base

$257,778

Bonus

$0

Other

$0

Deferred

$21,296

Nontaxable benefits

$14,846

Filer's total

$293,920
JONATHAN CHEIN

HEAD OF MIDDLE SCHOOL

Total calculated

$171,458

From this org

$146,847

From related orgs

$0

Other

$24,611

Hours/week

40

Schedule J breakdown matched by us

Base

$146,847

Bonus

$0

Other

$0

Deferred

$7,774

Nontaxable benefits

$16,837

Filer's total

$171,458
MICHAEL SCHNEIDER

US PHYSICAL EDUCATION TEAC

Total calculated

$174,773

From this org

$153,197

From related orgs

$0

Other

$21,576

Hours/week

40

Schedule J breakdown matched by us

Base

$153,197

Bonus

$0

Other

$0

Deferred

$12,451

Nontaxable benefits

$9,125

Filer's total

$174,773
REBECCA BRADY

CHIEF ACADEMIC OFFICER

Total calculated

$166,430

From this org

$147,084

From related orgs

$0

Other

$19,346

Hours/week

40

Schedule J breakdown matched by us

Base

$147,084

Bonus

$0

Other

$0

Deferred

$4,007

Nontaxable benefits

$15,339

Filer's total

$166,430
TRACEY SHIREY

HEAD OF LOWER SCHOOL

Total calculated

$163,054

From this org

$154,721

From related orgs

$0

Other

$8,333

Hours/week

40

Schedule J breakdown matched by us

Base

$154,721

Bonus

$0

Other

$0

Deferred

$7,686

Nontaxable benefits

$647

Filer's total

$163,054
MARIA GERACE

CHIEF HUMAN RESOURCES OFFICER

Total calculated

$156,099

From this org

$138,662

From related orgs

$0

Other

$17,437

Hours/week

40

Schedule J breakdown matched by us

Base

$138,662

Bonus

$0

Other

$0

Deferred

$5,612

Nontaxable benefits

$11,825

Filer's total

$156,099

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Housing allowance or residence for personal use
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Written employment contract
3 · Approval by the board or compensation committee
4b · Supplemental nonqualified retirement plan
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A: HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE EPISCOPAL SCHOOL OF DALLAS, INC. PROVIDES A HOUSING ALLOWANCE OF $50,000 ON AN ANNUAL BASIS FOR THE HEAD OF SCHOOL. THIS BENEFIT WAS TREATED AS TAXABLE TO THE CURRENT HEAD OF SCHOOL.
PART I, LINE 4B: NONQUALIFIED RETIREMENT PLAN: THE HEAD OF SCHOOL PARTICIPATES IN A 457(F) PLAN. $75,000 WAS CONTRIBUTED IN JANUARY 2024 BY THE SCHOOL PURSUANT TO THE HEAD OF SCHOOL'S EMPLOYMENT AGREEMENT.
PART I, LINE 7: NONFIXED PAYMENTS: THE HEAD OF SCHOOL'S BONUS IS DETERMINED IN ACCORDANCE WITH THE EMPLOYMENT CONTRACT. THE BONUS IS BASED UPON PERFORMANCE AND ANNUAL EVALUATIONS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

THE ESD PERMANENT ENDOWMENT TRUST

501(C)(3) · ENDOWMENT TRUST · TX · controlled entity

Directly controlled by THE EPISCOPAL SCHOOL OF DALLAS INC

Provenance

Return type: form_990
Tax year: 2023
Filed: 14 April 2025
IRS schema version: 2023v6.0
Source object: 202501289349301835

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.