Skip to content
Nonprofiteer
← LOUDOUN COUNTRY DAY SCHOOL INC

Form 990 for tax year 2022

Filed by LOUDOUN COUNTRY DAY SCHOOL INC.

Totals

Total revenue
$10,115,405
Total expenses
$9,078,443
Contributions and grants received
$719,707
Grants paid
$0
Program service revenue
$9,064,164
Investment income
$404,333
Other revenue
-$72,799
Total assets, end of year
$37,012,129
Total liabilities, end of year
$20,888,330
Net assets or fund balances, end of year
$16,123,799
Program services expenses (Part IX)
$7,054,479
Management and general expenses
$1,753,170
Fundraising expenses
$270,794
Program service expenses (Part III)
$7,054,479

Program services were 77.7% 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

    $220,579

  • 1f · All other contributions, gifts and grants

    $499,128

  • 2a · Program service revenue: TUITION

    total $8,138,526 · related or exempt $8,138,526

  • 2b · Program service revenue: STUDENT CHARGES

    total $853,777 · related or exempt $853,777

  • 2c · Program service revenue: TRANSPORTATION FEES

    total $71,861 · related or exempt $71,861

  • 3 · Investment income

    total $248,586 · excluded $248,586

  • 7a · Gross sales of assets other than inventory

    securities $350,438

  • 7b · Less cost or other basis and sales expenses

    securities $194,691

  • 7c · Gain or loss

    securities $155,747

  • 7d · Net gain or loss

    total $155,747 · excluded $155,747

  • 8a · Fundraising events: gross income

    $120,566

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

    $220,579

  • 8b · Fundraising events: direct expenses

    $120,566

  • 11a · Other revenue: MISCELLANEOUS

    total $49,417 · related or exempt $49,417

  • 11b · Other revenue: IMPARMENT OF INTANGIBLE ASSET

    total -$122,216 · excluded -$122,216

  • 11e · Other revenue, total

    -$72,799

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $296,747 · management and general $207,723 · fundraising $89,024

  • 7 · Other salaries and wages

    total $4,557,205 · program services $3,722,785 · management and general $746,053 · fundraising $88,367

  • 9 · Other employee benefits

    total $685,579 · program services $524,389 · management and general $137,395 · fundraising $23,795

  • 10 · Payroll taxes

    total $374,145 · program services $288,353 · management and general $72,599 · fundraising $13,193

  • 22 · Depreciation, depletion and amortization

    total $727,560 · program services $691,182 · management and general $36,378

  • 24a · Other expenses: INSTRUCTIONAL

    total $769,249 · program services $769,249

  • 24b · Other expenses: GENERAL & ADMIN

    total $564,150 · management and general $507,735 · fundraising $56,415

  • 24c · Other expenses: OPERATIONS

    total $561,703 · program services $541,707 · management and general $19,996

  • 24d · Other expenses: INTEREST AND DEBT CARRYIN

    total $505,830 · program services $480,539 · management and general $25,291

  • 24e · All other expenses

    total $36,275 · program services $36,275

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $168,268 · end of year $126,502

  • 2 · Savings and temporary cash investments

    beginning of year $10,177,519 · end of year $10,682,527

  • 3 · Pledges and grants receivable

    beginning of year $13,151 · end of year $274,110

  • 4 · Accounts receivable

    beginning of year $190,895 · end of year $100,958

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,052 · end of year $56,452

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

    $34,346,588

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

    $10,518,340

  • 10c · Land, buildings and equipment, net

    beginning of year $24,271,838 · end of year $23,828,248

  • 11 · Investments: publicly traded securities

    beginning of year $1,681,871 · end of year $1,928,000

  • 15 · Other assets

    beginning of year $8,620 · end of year $15,332

  • 17 · Accounts payable and accrued expenses

    beginning of year $200,523 · end of year $219,371

  • 20 · Tax-exempt bond liabilities

    beginning of year $18,963,316 · end of year $18,426,616

  • 25 · Other liabilities

    beginning of year $2,273,718 · end of year $2,242,343

  • 27 · Net assets without donor restrictions

    beginning of year $13,411,210 · end of year $13,987,126

  • 28 · Net assets with donor restrictions

    beginning of year $1,694,447 · end of year $2,136,673

Mission and programs · 2022

Mission

WE INSPIRE OUR STUDENTS TO BECOME LIFELONG LEARNERS, TO THINK CRITICALLY AND CREATIVELY, AND TO LEAD WITH COURAGE, COMPASSION, AND CHARACTER.

Activities or mission (Part I)

TO NURTURE EACH STUDENT INTELLECTUALLY, ARTISTICALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY.

  • THE TOTAL EDUCATIONAL PROGRAM AND EXPERIENCE DEVELOPS EACH STUDENT'S INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND PHYSICAL CAPACITIES. THE TOTAL EXPERIENCE PROMOTES INDEPENDENCE, RESPONSIBILITY, A GOOD WORK ETHIC, TEAMWORK, LEADERSHIP, SPORTSMANSHIP, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. PROGRAMS THAT OCCUR BEYOND THE REGULAR SCHOOL DAY HOURS OFFER OPPORTUNITIES FOR ENRICHMENT IN ACADEMICS, THE ARTS, AND PHYSICAL EDUCATION, AS WELL AS A SAFE ENVIRONMENT FOR CHILDREN TO BE CARED FOR UNTIL PICKED UP BY THEIR PARENTS.

    Expenses $7,054,479 · Revenue $9,064,164

As filed on the 2022 return.

Listed in Part VII

  • Michelle Odell PhD

    HEAD OF SCHO

    Total calculated
    $141,604
    From this org
    $129,058
    From related orgs
    $0
    Other
    $12,546
    Hours/week
    60

  • Randall Hollister PhD

    DIR COMMUNIT

    Total calculated
    $272,801
    From this org
    $236,262
    From related orgs
    $0
    Other
    $36,539
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,500
    Bonus
    not reported
    Other
    $762
    Deferred
    $11,775
    Nontaxable benefits
    $24,764
    Filer's total
    $272,801

  • Kimberly A Martino CPA

    BUSINESS MAN

    Total calculated
    $176,192
    From this org
    $156,562
    From related orgs
    $0
    Other
    $19,630
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,800
    Bonus
    not reported
    Other
    $762
    Deferred
    $7,790
    Nontaxable benefits
    $11,840
    Filer's total
    $176,192

  • Timothy Beauchemin

    ASST HEAD OF

    Total calculated
    $147,294
    From this org
    $136,708
    From related orgs
    $0
    Other
    $10,586
    Hours/week
    40

  • Susan Hower

    DIR OF ADMIS

    Total calculated
    $126,556
    From this org
    $109,046
    From related orgs
    $0
    Other
    $17,510
    Hours/week
    40

  • Karina Giglio

    DIR OF ADVAN

    Total calculated
    $108,078
    From this org
    $107,590
    From related orgs
    $0
    Other
    $488
    Hours/week
    40

  • Allison Wood

    CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Greg Roberts

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Aaron Higbee

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Brett Flowers

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Marie Ducharme

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dani Eaton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jason Garman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Katie Groupe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Patrick Huge

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Pam Maroulis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gabe Martinez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Alison Moye

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Roberts-Borden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202441369349313889

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.