Civic Intelligence

The Harvey School

EIN 13-1740454 • 501(c)3 • Katonah, NY

Profile

The harvey school provides a college-preparatory program that fosters lifelong learning and inspires students to develop the confidence and leadership qualities necessary to succeed in a diverse, competitive and changing world.with our commitment to small class size, our community cultivates the strengths of each student through academic excellence, artistic exploration, athletic achievement, community service and global understanding.

Refreshing map…

260 Jay StKatonah, NY 10536

www.harveyschool.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.38x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.57x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

41st percentile

1.4%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$387,427

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

47th percentile

4.7%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-3.2%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$33,178,350

Up $726,077 (+2.2%) from 2023

Liabilities

Down

$12,419,873

Down $18,040 (-0.1%) from 2023

Net Assets

Up

$20,758,477

Up $744,117 (+3.7%) from 2023

Revenue

Up

$22,403,172

Up $611,900 (+2.8%) from 2023

Expenses

Up

$22,603,856

Up $1,107,018 (+5.1%) from 2023

Net Income

Down

-$200,684

Down $495,118 (-168%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $17,763,203Liabilities 2011: $8,814,390Net Assets 2011: $8,948,8132011Assets 2012: $19,997,962Liabilities 2012: $10,963,415Net Assets 2012: $9,034,5472012Assets 2013: $22,199,852Liabilities 2013: $13,167,832Net Assets 2013: $9,032,0202013Assets 2014: $22,663,445Liabilities 2014: $12,929,337Net Assets 2014: $9,734,1082014Assets 2015: $23,637,330Liabilities 2015: $13,933,247Net Assets 2015: $9,704,0832015Assets 2016: $24,973,775Liabilities 2016: $14,016,874Net Assets 2016: $10,956,9012016Assets 2017: $25,419,825Liabilities 2017: $13,552,898Net Assets 2017: $11,866,9272017Assets 2018: $26,205,703Liabilities 2018: $13,428,105Net Assets 2018: $12,777,5982018Assets 2019: $27,031,134Liabilities 2019: $12,596,217Net Assets 2019: $14,434,9172019Assets 2020: $27,923,976Liabilities 2020: $12,846,405Net Assets 2020: $15,077,5712020Assets 2021: $30,358,551Liabilities 2021: $13,430,872Net Assets 2021: $16,927,6792021Assets 2022: $30,983,557Liabilities 2022: $11,870,309Net Assets 2022: $19,113,2482022Assets 2023: $32,452,273Liabilities 2023: $12,437,913Net Assets 2023: $20,014,3602023Assets 2024: $33,178,350Liabilities 2024: $12,419,873Net Assets 2024: $20,758,4772024

Highlighted filing

2024

Assets$33,178,350
Liabilities$12,419,873
Net Assets$20,758,477

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $11,938,9432011Expenses 2012: $12,102,2432012Revenue 2013: $12,483,545Expenses 2013: $12,327,372Net Income 2013: $156,1732013Revenue 2014: $13,905,741Expenses 2014: $13,586,555Net Income 2014: $319,1862014Revenue 2015: $13,975,371Expenses 2015: $14,005,396Net Income 2015: -$30,0252015Revenue 2016: $16,118,800Expenses 2016: $14,490,706Net Income 2016: $1,628,0942016Revenue 2017: $15,305,545Expenses 2017: $14,745,249Net Income 2017: $560,2962017Revenue 2018: $15,856,587Expenses 2018: $15,127,571Net Income 2018: $729,0162018Revenue 2019: $19,431,726Expenses 2019: $18,407,402Net Income 2019: $1,024,3242019Revenue 2020: $18,435,312Expenses 2020: $17,865,328Net Income 2020: $569,9842020Revenue 2021: $19,988,341Expenses 2021: $17,748,661Net Income 2021: $2,239,6802021Revenue 2022: $22,516,238Expenses 2022: $19,659,151Net Income 2022: $2,857,0872022Revenue 2023: $21,791,272Expenses 2023: $21,496,838Net Income 2023: $294,4342023Revenue 2024: $22,403,172Expenses 2024: $22,603,856Net Income 2024: -$200,6842024

Highlighted filing

2024

Revenue$22,403,172
Expenses$22,603,856
Net Income-$200,684

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.2$12.4$20.8$22.4$22.6$0.20
2023Detailed filing. Detailed filing data is available for this year.$32.5$12.4$20.0$21.8$21.5$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$11.9$19.1$22.5$19.7$2.86
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$13.4$16.9$20.0$17.7$2.24
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$27.9$12.8$15.1$18.4$17.9$0.57
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$12.6$14.4$19.4$18.4$1.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$13.4$12.8$15.9$15.1$0.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.4$13.6$11.9$15.3$14.7$0.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$14.0$11.0$16.1$14.5$1.63
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.6$13.9$9.70$14.0$14.0$0.03
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$22.7$12.9$9.73$13.9$13.6$0.32
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$22.2$13.2$9.03$12.5$12.3$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.0$11.0$9.03$12.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$8.81$8.95$11.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 11, 2025
Return Version
2023v6.0
Gross Receipts
$24,009,629
Mission and Program Overview

Mission

To provide academic services for grades six through twelve.

A coeducational college-preparatory school for students in grades 6-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,930,375$18,281,780▲ $2,351,405
Investments in Publicly Traded Securities$5,061,656$5,687,565▲ $625,909
Savings and Temporary Cash Investments$5,788,834$4,628,242▼ $1,160,592
Accounts Receivable$2,110,055$2,026,407▼ $83,648
Pledges and Grants Receivable$895,006$1,071,831▲ $176,825
Investments Other Securities$287,320$351,110▲ $63,790
Prepaid Expenses and Deferred Charges$110,870$117,560▲ $6,690
Inventories for Sale or Use$73,776$79,160▲ $5,384
Cash and Non-Interest-Bearing Accounts$1,360,069$17,117▼ $1,342,952
Other Notes and Loans Receivable, Net$4,000$0▼ $4,000
Total Assets$32,452,273$33,178,350▲ $726,077
Other Assets Total$830,312$917,578▲ $87,266
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,154,511$5,921,503▼ $233,008
Deferred Revenue$4,914,515$4,575,910▼ $338,605
Accounts Payable and Accrued Expenses$1,203,558$1,727,544▲ $523,986
Other Liabilities$165,329$194,916▲ $29,587
Total Liabilities$12,437,913$12,419,873▼ $18,040
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,053,322$10,664,473▲ $1,611,151
Net Assets With Donor Restrictions$10,961,038$10,094,004▼ $867,034
Total Net Assets Fund Balance$20,014,360$20,758,477▲ $744,117
Total Liabilities and Net Assets / Fund Balance$32,452,273$33,178,350▲ $726,077

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,250,667$12,880,125$26,130,792
Other Land Buildings$3,426,338-$3,426,338
Equipment$411,501$2,246,836$2,658,337
Land$1,193,274-$1,193,274

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$7,093,079$14,576▲ $1,009,458$250,945$7,866,168
2022$6,603,423$83,638▲ $669,561$263,543$7,093,079
2021$7,389,436$25,898▼ $585,123$226,788$6,603,423
2020$6,280,863$111,856▲ $1,204,726$208,009$7,389,436
2019$6,277,668$15,256▲ $132,219$144,280$6,280,863
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William J KnauerPresident & Head of SchoolFT$305,978$81,449$387,427
Philip LazzaroHead of Upper SchoolFT$157,626$73,746$231,372
Vincent AlexanderDirector of Performing ArtsFT$138,364$75,380$213,744
Richard RyersonDirector of Bldg & Grds- Through 6/3/24FT$135,070$64,238$199,308
William MenaDirector of Admissions- Through 12/31/23FT$134,279$39,350$173,629
Brendan ByrneHead of Middle SchoolFT$152,949$16,278$169,227
Alexander Brooks-barrDirector of Finance & OperationsFT$153,000$3,290$156,290

Highest Paid Contractors

ContractorServicesLocationCompensation
Andron Construction CorpConstruction Services21 ANDERSON LANE, Goldens Bridge, NY 10526$1,253,994
Compass Group Dba Flik Hospitality GroupFood Service ProviderPO BOX 417632, Boston, MA 02241-7632$834,598
Belmont Land Design LLCGrounds Maintenance1 SPRING HILL LANE, South Salem, NY 10590$256,834
Robert Siegel ArchitectsArchitecture Services131 KATONAH AVENUE, Katonah, NY 10536$214,645
Cambridge Institute Of Business ResearchHost Family ManagementPO BOX 961139, Boston, MA 02196$172,638
Revenue and Support

Revenue Composition

Contributions and Grants
$1,453,178
Program Service Revenue
$20,647,066
Investment Income
$314,605
Other Revenue
$-11,677
All Other Contributions
$1,243,263
Change in Net Assets
$-200,684

Noncash Contribution Practices

Property subject to holding requirements
Yes
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art1$156,249Fair Market Value (FMV)- Appraisal
Total Noncash Contributions1$156,249-

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,393,008
Revenue Not Reported on Financial Statements
$10,164
Revenue Not Reported on Form 990
$-2,534,938
Total Revenue per Audited Statements
$19,858,070
Total Revenue per Form 990
$22,403,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,176,170
Other Expenses$6,940,641
Grants and Similar Amounts Paid$3,441,725
Total Fundraising Expense$1,343,375
Professional Fundraising Fees$45,320

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,710,185$1,468,129$467,184$8,645,498
Grants to Domestic Individuals$3,441,725--$3,441,725
Other Employee Benefits$1,478,265$359,634$104,691$1,942,590
Depreciation Depletion$649,823$167,286$53,770$870,879
Payroll Taxes$601,214$154,772$49,748$805,734
Office Expenses$188,680$406,389$130,625$725,694
Other Expenses$516,753$133,028$42,760$692,541
Current Officers, Directors, Trustees, and Key Employees$119,060$321,226$119,060$559,346
Insurance$354,735$91,320$29,353$475,408
Occupancy$348,997$89,844$28,878$467,719
All Other Expenses$199,557$129,762$125,481$454,800
Fees for Services Other$118,097$209,044$81,760$408,901
Interest$169,216$43,562$14,002$226,780
Pension Plan Contributions$176,764$35,134$11,104$223,002
Advertising$35,278$75,984$24,423$135,685
Fees for Services Accounting$15,494$33,371$10,726$59,591
Fees for Services Professional Fundraising--$45,320$45,320
Fees for Services Legal$6,486$13,969$4,490$24,945
Fees for Service Investment Mgmnt Fees-$10,164-$10,164
Total Functional Expenses$17,517,863$3,742,618$1,343,375$22,603,856

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,603,856
Expenses per Audited Statements$19,151,967
Total Expenses per Audited Statements$19,113,953
Expenses Not Reported on Financial Statements$3,451,889
Other Expense Adjustments$3,441,725
Expenses Not Reported on Form 990$-38,014
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$82,305
Professional Fundraising Fees$45,320
Fundraising Gross Income$5,159

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Parent Association Annual Benefit$215,074$5,159$54,327$-49,168
Total Events$215,074$5,159$82,305$-77,146
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$194,916
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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

The executive committee is comprised of the chair, vice chairs, president, secretary and treasurer. In the intervals between meetings of the board of trustees, the executive committee may transact any and all business of the corporation as fully and completely as the board of trustees might do, and shall possess and may exercise all the powers of the board of trustees in the management and control of the property and business of the corporation, except as limited: 1) removal or suspension of officers or trustees 2) amendment or repeal of by-laws 3) establishment or discontinuance of any substantive business or activity of the school; selling or mortgaging of real property of the corporation.

Form 990, Part VI, Section A, Line 2

Wallace schwartz and elizabeth schwartz have a family relationship. Eileen walker and lindsey lynch have a family relationship.

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

The form 990 is prepared by an independent accounting firm. The audit committee then reviews a draft of the form 990 in detail. Afterward, a final filing copy of the form 990 is made available to the board of trustees before being filed with the internal revenue service.

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

Annually every trustee, officer and internally designated key employee receives a copy of the conflict of interest policy. Potential conflicts are reported to the audit committee of the board of trustees. If there is a conflict or potential conflict, the audit committee of the board of trustees will make the final determination if there is a conflict and said determination is timely documented in the committee's minutes. Only independent trustees are permitted to participate in any deliberations or vote on matters before the board or its committee(s).

Form 990, Part VI, Section B, Line 15

Head of school: on an annual basis, the compensation committee of the board obtains compensation information from independent sources. Utilizing this information, they recommend the salary and benefits to be offered to the head of school for the next school year. The board reviews and approves the annual compensation package and the deliberation and final decision are timely documented in the committee's minutes. Other officers: on an annual basis, the compensation committee of the board obtains compensation information from independent sources. Utilizing this information, the compensation committee and the head of school determine whether a salary adjustment above the standard raises offered to all employees should be offered to any other officer for the next school year. This deliberation and final decision are timely documented in the committee's minutes. The process described here was last completed in 2023.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Harvey School
EIN
13-1740454
Phone
9142323161
Address
260 JAY ST, KATONAH, NY 10536

Signing Officer

Name
William J Knauer
Title
Head of School
Phone
9142323161
Signed
2025-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William J Knauer
Formed
1916
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
20
Employees
185
Volunteers
40

Preparer

Firm
Cliftonlarsonallen Llp
Address
150 S WARNER ROAD SUITE 310, KING OF PRUSSIA, PA 19406
Preparer
Mallory Good
Phone
2156433900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of beneficial interest in perpetual trust 57,709.

Financial Statement Notes

PART V, LINE 4:

The school's endowment funds are comprised of donor-restricted endowment funds as well as funds designated by the board of trustees to function as endowments. The endowment funds are intended to be used for: professional development, financial aid to students and funding for the school's library.

PART X, LINE 2:

The harvey school is organized as a new york nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under internal revenue code (irc) section 501(a) as an organization described in irc section 501(c)(3) and qualifying for the charitable contribution deduction under irc section 170(b)(1)(a)(ii), and has been determined not to be a private foundation under irc sections 509(a)(1). The school is annually required to file a return of an organization exempt from income tax (form 990) with the irs. In addition, the entity is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. We have determined that the school has been subject to unrelated business income tax and has filed an exempt organization business income tax return (form 990-t) with the irs.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Financial aid to students -3,441,725. Change in value of beneficial interest in perpetual trust 57,709. School store cost of good sold -38,014.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

School store cost of goods sold -38,014.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid to students 3,441,725.

Part III, Line 4

The harvey school has one work of art (not a collection). The artwork is on display periodically and was featured in the harvey magazine to support our arts program.

Raw XML AppendixShowing 400 of 938 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01727544
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0A COEDUCATIONAL COLLEGE-PREPARATORY SCHOOL FOR STUDENTS IN GRADES 6-12.
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0260 JAY STREET
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IRS990/Desc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IRS990/Form990PartVIISectionAGrp/TitleTxt25HEAD OF MIDDLE SCHOOL
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