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Nonprofiteer
← AVALON SCHOOL INC

Form 990 for tax year 2022

Filed by AVALON SCHOOL INC.

Totals

Total revenue
$2,298,363
Total expenses
$2,238,418
Contributions and grants received
$374,977
Grants paid
$0
Program service revenue
$1,941,046
Investment income
$57
Other revenue
-$17,717
Total assets, end of year
$1,184,041
Total liabilities, end of year
$1,604,630
Net assets or fund balances, end of year
-$420,589
Program services expenses (Part IX)
$1,817,494
Management and general expenses
$346,676
Fundraising expenses
$74,248
Program service expenses (Part III)
$1,817,494

Program services were 81.2% 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

    $77,889

  • 1f · All other contributions, gifts and grants

    $297,088

  • 2a · Program service revenue: TUITION

    total $1,785,096 · related or exempt $1,785,096

  • 2b · Program service revenue: CAMP FEES

    total $87,385 · related or exempt $87,385

  • 2c · Program service revenue: STUDENT TRANSPORTATION

    total $23,673 · related or exempt $23,673

  • 2d · Program service revenue: STUDENT EVENTS

    total $19,074 · related or exempt $19,074

  • 2e · Program service revenue: HOSTING

    total $18,745 · related or exempt $18,745

  • 2f · All other program service revenue

    total $7,073 · related or exempt $7,073

  • 3 · Investment income

    total $57 · excluded $57

  • 8a · Fundraising events: gross income

    $75,000

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

    $77,889

  • 8b · Fundraising events: direct expenses

    $92,717

  • 8c · Net income from fundraising events

    total -$17,717 · excluded -$17,717

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $226,610 · program services $36,035 · management and general $169,669 · fundraising $20,906

  • 7 · Other salaries and wages

    total $1,184,020 · program services $1,080,083 · management and general $71,982 · fundraising $31,955

  • 9 · Other employee benefits

    total $27,558 · program services $21,804 · management and general $4,721 · fundraising $1,033

  • 10 · Payroll taxes

    total $139,231 · program services $110,163 · management and general $23,851 · fundraising $5,217

  • 11a · Fees: management

    total $42,390 · program services $42,390

  • 11b · Fees: legal

    total $1,857 · management and general $1,857

  • 11c · Fees: accounting

    total $2,400 · management and general $2,400

  • 11g · Fees: other

    total $3,000 · management and general $3,000

  • 12 · Advertising and promotion

    total $34,087 · program services $34,087

  • 13 · Office expenses

    total $29,813 · program services $23,589 · management and general $5,107 · fundraising $1,117

  • 16 · Occupancy

    total $286,700 · program services $226,842 · management and general $49,114 · fundraising $10,744

  • 22 · Depreciation, depletion and amortization

    total $34,370 · program services $27,194 · management and general $5,888 · fundraising $1,288

  • 23 · Insurance

    total $33,328 · program services $26,370 · management and general $5,709 · fundraising $1,249

  • 24a · Other expenses: SCHOOL PROGRAMS & CAMPS

    total $53,410 · program services $53,410

  • 24b · Other expenses: CAMP COMPENSATION

    total $44,118 · program services $44,118

  • 24c · Other expenses: VEHICLES

    total $26,606 · program services $26,606

  • 24d · Other expenses: SPORTS

    total $22,200 · program services $22,200

  • 24e · All other expenses

    total $46,720 · program services $42,603 · management and general $3,378 · fundraising $739

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $457,593 · end of year $323,803

  • 2 · Savings and temporary cash investments

    beginning of year $116,118 · end of year $366,175

  • 4 · Accounts receivable

    beginning of year $133,801 · end of year $220,363

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

    $593,683

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

    $457,466

  • 10c · Land, buildings and equipment, net

    beginning of year $145,663 · end of year $136,217

  • 11 · Investments: publicly traded securities

    beginning of year $123,287 · end of year $127,483

  • 15 · Other assets

    beginning of year $10,000 · end of year $10,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $171,638 · end of year $95,525

  • 19 · Deferred revenue

    beginning of year $563,530 · end of year $393,034

  • 25 · Other liabilities

    beginning of year $731,071 · end of year $1,116,071

  • 27 · Net assets without donor restrictions

    beginning of year -$479,777 · end of year -$420,589

Mission and programs · 2022

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 $1,795,294 · Revenue $1,853,660

  • OPERATE A BOYS ATHLETIC PROGRAM FOR BOTH MIDDLE SCHOOL AND HIGH SCHOOL. SPORTS OFFERED FOR THE BOYS INCLUDE BASKETBALL, BASEBALL, AND SOCCER.

    Expenses $22,200 · Revenue $87,386

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jackie Aldrette

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Richard McPherson

    PRESIDENT

    Total calculated
    $102,946
    From this org
    $0
    From related orgs
    $102,946
    Other
    $0
    Hours/week
    1 + 39 related

  • Kevin Muha

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Lorenzo Demarchi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Stefano Ratti

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Thomas Whippen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dan Searles

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Eydie Searles

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Rollin James Hawley

    EXECUTIVE DIRECTOR

    Total calculated
    $102,036
    From this org
    $51,018
    From related orgs
    $51,018
    Other
    $0
    Hours/week
    20 + 20 related

  • David Gersten

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Barry Stohlman

    BUSINESS MANAGER

    Total calculated
    $90,652
    From this org
    $45,326
    From related orgs
    $45,326
    Other
    $0
    Hours/week
    20 + 20 related

  • Kevin Davern

    HEADMASTER

    Total calculated
    $126,848
    From this org
    $126,848
    From related orgs
    $0
    Other
    $0
    Hours/week
    39 + 1 related

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
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202431369349310203

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