Civic Intelligence

The Independent Day School Inc

EIN 06-6012653 • 501(c)3 • Middlefield, CT

Profile

Ids students grow into independent, original, and collaborative thinkers who aren't confined to examining things in conventional ways. We prepare students to lead fulfilling lives in a world that will require them to be intellectually ready and distinctively skilled to address challenges, solve problems, and invent new approaches. At ids, we work to remove fear from the equation. Exploring interests and curiosities is encouraged. The result is preschool, elementary and middle school students who are fearless at school.

115 Laurel Brook RoadMiddlefield, CT 06455

www.independentdayschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.60x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.81x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$177,833

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

22nd percentile

-4.1%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-12%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,602,204

Down $237,852 (-4.1%) from 2023

Liabilities

Up

$3,361,319

Up $121,308 (+3.7%) from 2023

Net Assets

Down

$2,240,885

Down $359,160 (-14%) from 2023

Revenue

Down

$4,125,637

Down $584,097 (-12%) from 2023

Expenses

Down

$4,577,842

Down $110,934 (-2.4%) from 2023

Net Income

Down

-$452,205

Down $473,163 (-2258%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,026,713Liabilities 2011: $3,004,078Net Assets 2011: $3,022,6352011Assets 2012: $6,853,980Liabilities 2012: $3,523,846Net Assets 2012: $3,330,1342012Assets 2013: $6,634,695Liabilities 2013: $3,305,968Net Assets 2013: $3,328,7272013Assets 2014: $6,706,858Liabilities 2014: $3,242,346Net Assets 2014: $3,464,5122014Assets 2015: $6,561,010Liabilities 2015: $3,147,403Net Assets 2015: $3,413,6072015Assets 2016: $6,270,973Liabilities 2016: $3,129,082Net Assets 2016: $3,141,8912016Assets 2017: $6,095,512Liabilities 2017: $2,879,110Net Assets 2017: $3,216,4022017Assets 2018: $5,730,197Liabilities 2018: $2,686,107Net Assets 2018: $3,044,0902018Assets 2019: $5,326,519Liabilities 2019: $2,559,685Net Assets 2019: $2,766,8342019Assets 2020: $6,216,247Liabilities 2020: $3,500,852Net Assets 2020: $2,715,3952020Assets 2021: $6,408,430Liabilities 2021: $3,434,278Net Assets 2021: $2,974,1522021Assets 2022: $6,402,480Liabilities 2022: $3,911,954Net Assets 2022: $2,490,5262022Assets 2023: $5,840,056Liabilities 2023: $3,240,011Net Assets 2023: $2,600,0452023Assets 2024: $5,602,204Liabilities 2024: $3,361,319Net Assets 2024: $2,240,8852024

Highlighted filing

2024

Assets$5,602,204
Liabilities$3,361,319
Net Assets$2,240,885

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,332,852Expenses 2011: $4,081,053Net Income 2011: $251,7992011Revenue 2012: $4,717,863Expenses 2012: $4,407,346Net Income 2012: $310,5172012Revenue 2013: $4,383,563Expenses 2013: $4,454,862Net Income 2013: -$71,2992013Revenue 2014: $4,014,957Expenses 2014: $4,078,258Net Income 2014: -$63,3012014Revenue 2015: $4,039,843Expenses 2015: $4,064,260Net Income 2015: -$24,4172015Revenue 2016: $4,022,522Expenses 2016: $4,249,343Net Income 2016: -$226,8212016Revenue 2017: $4,440,622Expenses 2017: $4,512,332Net Income 2017: -$71,7102017Revenue 2018: $4,600,574Expenses 2018: $4,868,037Net Income 2018: -$267,4632018Revenue 2019: $4,670,243Expenses 2019: $5,006,032Net Income 2019: -$335,7892019Revenue 2020: $4,958,343Expenses 2020: $4,906,867Net Income 2020: $51,4762020Revenue 2021: $4,425,591Expenses 2021: $4,478,954Net Income 2021: -$53,3632021Revenue 2022: $4,530,813Expenses 2022: $4,807,751Net Income 2022: -$276,9382022Revenue 2023: $4,709,734Expenses 2023: $4,688,776Net Income 2023: $20,9582023Revenue 2024: $4,125,637Expenses 2024: $4,577,842Net Income 2024: -$452,2052024

Highlighted filing

2024

Revenue$4,125,637
Expenses$4,577,842
Net Income-$452,205

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$3.36$2.24$4.13$4.58$0.45
2023Detailed filing. Detailed filing data is available for this year.$5.84$3.24$2.60$4.71$4.69$0.02
2022Detailed filing. Detailed filing data is available for this year.$6.40$3.91$2.49$4.53$4.81$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$3.43$2.97$4.43$4.48$0.05
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.22$3.50$2.72$4.96$4.91$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$2.56$2.77$4.67$5.01$0.34
2018Detailed filing. Detailed filing data is available for this year.$5.73$2.69$3.04$4.60$4.87$0.27
2017Summary only. Only limited summary data is available for this year.$6.10$2.88$3.22$4.44$4.51$0.07
2016Summary only. Only limited summary data is available for this year.$6.27$3.13$3.14$4.02$4.25$0.23
2015Summary only. Only limited summary data is available for this year.$6.56$3.15$3.41$4.04$4.06$0.02
2014Summary only. Only limited summary data is available for this year.$6.71$3.24$3.46$4.01$4.08$0.06
2013Summary only. Only limited summary data is available for this year.$6.63$3.31$3.33$4.38$4.45$0.07
2012Summary only. Only limited summary data is available for this year.$6.85$3.52$3.33$4.72$4.41$0.31
2011Summary only. Only limited summary data is available for this year.$6.03$3.00$3.02$4.33$4.08$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 23, 2025
Return Version
2023v6.0
Gross Receipts
$4,159,814
Mission and Program Overview

Mission

Ids students grow into independent, original, and collaborative thinkers who aren't confined to examining things in conventional ways. We prepare students to lead fulfilling lives in a world that will require them to be intellectually ready and distinctively skilled to address challenges, solve problems, and invent new approaches. At ids, we work to remove fear from the equation. Exploring interests and curiosities is encouraged. The result is preschool, elementary and middle school students who are fearless at school.

Inspire a community of independent thinkers as they connect with others in the joyful pursuit of learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,094,710$3,098,655▲ $3,945
Accounts Receivable$1,531,654$1,590,473▲ $58,819
Investments in Publicly Traded Securities$900,280$747,527▼ $152,753
Cash and Non-Interest-Bearing Accounts$299,419$131,785▼ $167,634
Prepaid Expenses and Deferred Charges$13,993$33,764▲ $19,771
Total Assets$5,840,056$5,602,204▼ $237,852
Liabilities
Deferred Revenue$2,086,274$2,250,970▲ $164,696
Mortgage Notes Payable Secured by Investment Property$791,390$704,481▼ $86,909
Accounts Payable and Accrued Expenses$362,347$355,868▼ $6,479
Other Liabilities$0$50,000▲ $50,000
Total Liabilities$3,240,011$3,361,319▲ $121,308
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,616,143$1,249,648▼ $366,495
Net Assets With Donor Restrictions$983,902$991,237▲ $7,335
Total Net Assets Fund Balance$2,600,045$2,240,885▼ $359,160
Total Liabilities and Net Assets / Fund Balance$5,840,056$5,602,204▼ $237,852

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,515,236$3,798,370$6,313,606
Leasehold Improvements$276,627$417,747$694,374
Equipment$271,472$409,962$681,434
Other Land Buildings$15,269$23,059$38,328
Land$20,051-$20,051

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$933,037-▲ $23,160$421,390$534,807
2023$1,206,455$180,832▲ $115,750$570,000$933,037
2022$1,416,956$27,500▼ $178,001$60,000$1,206,455
2021$1,086,395$60,000▲ $333,126$62,565$1,416,956
2020$1,389,444$2,565▲ $4,386$310,000$1,086,395
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rochelle ReodicaHead of SchoolFT$177,833-$177,833
David SizemoreAssistant Head of SchoolFT$107,862-$107,862
Yesenia ParkerDirector of FinanceFT$80,937$11,563$92,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$259,254
Program Service Revenue
$3,641,181
Investment Income
$21,835
Other Revenue
$203,367
All Other Contributions
$235,748
Change in Net Assets
$-452,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,565,548
Grants and Similar Amounts Paid$1,168,657
Other Expenses$843,637
Total Fundraising Expense$199,010
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,145,242$412,174$52,162$1,609,578
Grants to Domestic Individuals$1,168,657--$1,168,657
Current Officers, Directors, Trustees, and Key Employees$107,547$284,951$57,469$449,967
Other Employee Benefits$215,646$114,874$18,415$348,935
Fees for Services Other$114,243$61,476$9,787$185,506
Fees for Services Accounting-$96,931-$96,931
Occupancy$59,591$32,067$5,105$96,763
Pension Plan Contributions$65,531$13,460$3,361$82,352
Insurance$48,389$26,039$4,145$78,573
Payroll Taxes$46,013$24,761$3,942$74,716
Office Expenses$20,788$36,003$5,315$62,106
Interest$19,100$10,278$1,636$31,014
Other Expenses$16,971$27,062$1,454$27,062
Advertising-$25,293-$25,293
Fees for Services Legal-$4,143-$4,143
Travel$1,486--$1,486
Information Technology$591$318$51$960
Total Functional Expenses$3,146,956$1,231,876$199,010$4,577,842
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,901
Fundraising Direct Expenses$34,177
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Soiree/auction$81,585$73,585$10,603$62,982
Golf Tournament$25,822$10,316$1,223$9,093
Total Events$107,407$83,901$34,177$49,724
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$50,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

There shall be an executive committee consisting of the officers of the board of trustees and the immediate past president. The president of the board shall act as chair, and the committee shall meet at the president's call. Any two (2) members of the committee may also cause the committee to meet. A quorum shall be a majority of the committee. The committee may serve in an advisory capacity to the head of school. The executive committee is empowered to act for the board in emergency situations, provided that all actions of the committee be reported to the next full board meeting. The executive committee may not take any action which, if taken by the board, would require a two-thirds (2/3) vote of the membership of the board eligible to vote.

Form 990, Part VI, Section B, Line 11B

Independent day school's chair of the board, head of school and the director of finance will review and approve the return prior to filing. The full board of trustees will review the return after it has been filed.

Form 990, Part VI, Section B, Line 12C

The board of trustees and officers annually review any possible conflicts of interest and all trustees and officers are required to report and sign a statement about any conflicts of interest they may have. The director of finance and operations monitors coi forms and policy implementation. If a conflict is noted, the dfo informs the head of school (and the president of the board of trustees, if trustee coi). The conflict of interest is discussed in more detail with the individual who has the conflict and appropriate resolutions are identified. The head of school and board chair oversee compliance with this policy.

Form 990, Part VI, Section C, Line 18

Independent day school makes its form 1023 and form 990 available to the general public upon written request.

Form 990, Part VI, Section C, Line 19

Independent day school makes its governing documents, conflict of interest policy and financial statements available to the general public upon written request.

Filing and Contact Details

Filer

Filer Name
The Independent Day School Inc
EIN
06-6012653
Phone
8603477235
Address
115 LAUREL BROOK ROAD, MIDDLEFIELD, CT 06455

Signing Officer

Name
Stacy Meisner
Title
President
Phone
8603477235
Signed
2025-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy Meisner
Formed
1961
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
60
Volunteers
12

Preparer

Firm
Cliftonlarsonallen Llp
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169
Preparer
Danielle Nihill
Phone
6177170831
Supplemental Narrative

Financial Statement Notes

Part V, Line 4

Board designated funds are used for building improvements, financial aid and working capital as needed. Earnings from endowment fund are to be used for financial aid and general operating purposes.

Raw XML AppendixShowing 400 of 624 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm4EBONE WOODS
IRS990/Form990PartVIISectionAGrp/PersonNm5JERRY DOUG PARKERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6ALLIE VINE
IRS990/Form990PartVIISectionAGrp/PersonNm7KAREN CULTON
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL KALINOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm9AGATHA PESTILLI
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm11CANDANCE CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm12TAPINDERJIT GROVER
IRS990/Form990PartVIISectionAGrp/PersonNm13ANDREW CORTES
IRS990/Form990PartVIISectionAGrp/PersonNm14CINTHIA COVEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASSISTANT HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
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IRS990/FormationYr01961
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IRS990/FSAuditedInd00
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
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IRS990/LocalChaptersInd00
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IRS990/MissionDesc0IDS STUDENTS GROW INTO INDEPENDENT, ORIGINAL, AND COLLABORATIVE THINKERS WHO AREN'T CONFINED TO EXAMINING THINGS IN CONVENTIONAL WAYS. WE PREPARE STUDENTS TO LEAD FULFILLING LIVES IN A WORLD THAT WILL REQUIRE THEM TO BE INTELLECTUALLY READY AND DISTINCTIVELY SKILLED TO ADDRESS CHALLENGES, SOLVE PROBLEMS, AND INVENT NEW APPROACHES. AT IDS, WE WORK TO REMOVE FEAR FROM THE EQUATION. EXPLORING INTERESTS AND CURIOSITIES IS ENCOURAGED. THE RESULT IS PRESCHOOL, ELEMENTARY AND MIDDLE SCHOOL STUDENTS WHO ARE FEARLESS AT SCHOOL.
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IRS990/OfficeExpensesGrp/FundraisingAmt05315
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt036003
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/ProgramServiceRevenueGrp/Desc2LUNCHES
IRS990/ProgramServiceRevenueGrp/Desc3PERFORMING ARTS
IRS990/ProgramServiceRevenueGrp/Desc4SECONDARY SCHOOL FAIR
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt249823
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45246
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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