Civic Intelligence

American School in London Foundation

EIN 13-6258480 • 501(c)3 • Princeton, NJ

Profile

AMERICAN SCHOOL IN LONDON FOUNDATION WAS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES AND PRIMARILY FURNISHES FINANCIAL AND administrative support by employing and administering the teachers and administrators who are seconded to and work at The American School in London Educational Trust Limited.

15 Roszel RoadPrinceton, NJ 08540-6248

n/A

Siviq Scores

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

Liabilities / Assets

87th percentile

0.78x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

37th percentile

0.13x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

37th percentile

0.2%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$646,584

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

94th percentile

53%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.2%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,632,900

Up $1,260,894 (+53%) from 2024

Liabilities

Up

$2,839,891

Up $1,211,619 (+74%) from 2024

Net Assets

Up

$793,009

Up $49,275 (+6.6%) from 2024

Revenue

Up

$22,242,570

Up $1,881,935 (+9.2%) from 2024

Expenses

Up

$22,195,286

Up $1,693,138 (+8.3%) from 2024

Net Income

Up

$47,284

Up $188,797 (+133%) from 2024

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $6,525,239Liabilities 2011: $1,085,256Net Assets 2011: $5,439,9832011Assets 2012: $3,118,644Liabilities 2012: $1,315,870Net Assets 2012: $1,802,7742012Assets 2013: $6,716,638Liabilities 2013: $1,379,272Net Assets 2013: $5,337,3662013Assets 2014: $18,021,317Liabilities 2014: $1,636,101Net Assets 2014: $16,385,2162014Assets 2015: $15,459,006Liabilities 2015: $1,923,233Net Assets 2015: $13,535,7732015Assets 2016: $9,928,196Liabilities 2016: $1,171,288Net Assets 2016: $8,756,9082016Assets 2017: $7,124,560Liabilities 2017: $2,056,208Net Assets 2017: $5,068,3522017Assets 2018: $4,240,982Liabilities 2018: $1,982,909Net Assets 2018: $2,258,0732018Assets 2019: $2,690,562Liabilities 2019: $1,511,568Net Assets 2019: $1,178,9942019Assets 2020: $2,828,137Liabilities 2020: $1,473,873Net Assets 2020: $1,354,2642020Assets 2021: $2,221,367Liabilities 2021: $1,564,416Net Assets 2021: $656,9512021Assets 2022: $2,370,011Liabilities 2022: $2,100,866Net Assets 2022: $269,1452022Assets 2023: $3,429,882Liabilities 2023: $2,543,472Net Assets 2023: $886,4102023Assets 2024: $2,372,006Liabilities 2024: $1,628,272Net Assets 2024: $743,7342024Assets 2025: $3,632,900Liabilities 2025: $2,839,891Net Assets 2025: $793,0092025

Highlighted filing

2025

Assets$3,632,900
Liabilities$2,839,891
Net Assets$793,009

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $19,293,007Expenses 2011: $21,376,349Net Income 2011: -$2,083,3422011Revenue 2012: $17,620,525Expenses 2012: $21,250,415Net Income 2012: -$3,629,8902012Expenses 2013: $20,261,3452013Revenue 2014: $40,162,645Expenses 2014: $29,159,883Net Income 2014: $11,002,7622014Revenue 2015: $26,071,410Expenses 2015: $28,871,400Net Income 2015: -$2,799,9902015Revenue 2016: $21,430,480Expenses 2016: $26,078,810Net Income 2016: -$4,648,3302016Revenue 2017: $20,105,225Expenses 2017: $23,779,684Net Income 2017: -$3,674,4592017Revenue 2018: $19,670,336Expenses 2018: $22,527,971Net Income 2018: -$2,857,6352018Revenue 2019: $20,342,452Expenses 2019: $21,434,974Net Income 2019: -$1,092,5222019Revenue 2020: $19,188,260Expenses 2020: $19,008,279Net Income 2020: $179,9812020Revenue 2021: $19,764,628Expenses 2021: $20,476,623Net Income 2021: -$711,9952021Revenue 2022: $19,085,987Expenses 2022: $19,463,128Net Income 2022: -$377,1412022Revenue 2023: $23,412,213Expenses 2023: $22,803,985Net Income 2023: $608,2282023Revenue 2024: $20,360,635Expenses 2024: $20,502,148Net Income 2024: -$141,5132024Revenue 2025: $22,242,570Expenses 2025: $22,195,286Net Income 2025: $47,2842025

Highlighted filing

2025

Revenue$22,242,570
Expenses$22,195,286
Net Income$47,284

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.63$2.84$0.79$22.2$22.2$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$1.63$0.74$20.4$20.5$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$2.54$0.89$23.4$22.8$0.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$2.10$0.27$19.1$19.5$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$1.56$0.66$19.8$20.5$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$1.47$1.35$19.2$19.0$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$1.51$1.18$20.3$21.4$1.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$1.98$2.26$19.7$22.5$2.86
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$2.06$5.07$20.1$23.8$3.67
2016Detailed filing. Detailed filing data is available for this year.$9.93$1.17$8.76$21.4$26.1$4.65
2015Detailed filing. Detailed filing data is available for this year.$15.5$1.92$13.5$26.1$28.9$2.80
2014Detailed filing. Detailed filing data is available for this year.$18.0$1.64$16.4$40.2$29.2$11.0
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$1.38$5.34$20.3
2012Summary only. Only limited summary data is available for this year.$3.12$1.32$1.80$17.6$21.3$3.63
2011Summary only. Only limited summary data is available for this year.$6.53$1.09$5.44$19.3$21.4$2.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 17, 2026
Return Version
2024v5.1
Gross Receipts
$22,242,570
Mission and Program Overview

Mission

American school in london foundation was organized for charitable and educational purposes and primarily furnishes financial and administrative support by employing and administering teachers and administrators who are seconded to and work at the american school in london educational trust limited.

American school in london foundation was organized for charitable and educational purposes and primarily furnishes financial and administrative support by employing and administering some of the teaching and administrative staff at the american school in london.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$394,165$1,615,178▲ $1,221,013
Accounts Receivable$1,280,727$1,267,719▼ $13,008
Pledges and Grants Receivable$559,894$613,996▲ $54,102
Cash and Non-Interest-Bearing Accounts$654$17,912▲ $17,258
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,372,006$3,632,900▲ $1,260,894
Other Assets Total$136,566$118,095▼ $18,471
Liabilities
Accounts Payable and Accrued Expenses$1,383,772$2,409,891▲ $1,026,119
Grants Payable$242,000$430,000▲ $188,000
Deferred Revenue$2,500--
Other Liabilities$0$0→ $0
Total Liabilities$1,628,272$2,839,891▲ $1,211,619
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$743,734$655,837▼ $87,897
Net Assets With Donor Restrictions$0$137,172▲ $137,172
Total Net Assets Fund Balance$743,734$793,009▲ $49,275
Total Liabilities and Net Assets / Fund Balance$2,372,006$3,632,900▲ $1,260,894
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt HorvatHead of SchoolFT$568,390$78,194$646,584
Sacha FranzenLower School PrincipalFT$287,640$32,203$319,843
Peter LutkoskiMiddle School PrincipalFT$262,615$26,288$288,903
Rebekah WestphalDean of AdmissionsFT$259,636$26,857$286,493
Siofra RuckerDirector of AdvancementFT$258,026$26,537$284,563
Mirangela BuggsDirector of Institutional EquityFT$248,335$27,170$275,505
Robin ApplebyFormer Head of School-$58,000$58,000$58,000

Board Members and Trustees

NameTitle
Hahnah SeminaraChair of Trust Board
Stephen PotterPresident
Jacques SoenensVice President
Albert D AngelDirector
Alison BloodDirector
Barry M SabloffDirector
Biff BowmanDirector
Derek BandeenDirector
John Edwards IIIDirector
John JensenDirector
Linda ElyDirector
Lisa BennettDirector
Lori FieldsDirector
Margaret GrandyDirector
Mary MarshDirector
Susan J WilenDirector
Timothy CraigheadDirector
William A ObenshainDirector
William C MulesDirector
William L SchefflerDirector
Margaret PringleDirector (beginning March 2025)
William TuckerDirector (beginning March 2025)
Bob DiamondDIRECTOR (Beginning October 2024)
Brad F EnglandDirector (Through November 2024)
Janet NewkirkDirector (Through November 2024)
Deirdre a SimonSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,868,008
Program Service Revenue
$18,359,999
Investment Income
$14,563
Other Revenue
$0
All Other Contributions
$3,868,008
Change in Net Assets
$47,284

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded199$35,959Market value
Total Noncash Contributions199$35,959-

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,363,717
Grants and Similar Amounts Paid$3,605,842
Total Fundraising Expense$266,136
Other Expenses$225,727
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,654,107-$266,136$15,920,243
Foreign Grants$3,605,842--$3,605,842
Pension Plan Contributions$1,533,295--$1,533,295
Current Officers, Directors, Trustees, and Key Employees-$574,627-$574,627
Payroll Taxes$258,047$19,505-$277,552
Fees for Services Accounting-$77,401-$77,401
Fees for Services Other$0$63,929$0$63,929
Comp Disqual Persons$58,000--$58,000
Insurance$3,532$25,327-$28,859
Fees for Services Legal-$18,804-$18,804
Office Expenses-$15,395-$15,395
Other Expenses$0$40$0$40
Total Functional Expenses$21,112,873$816,277$266,136$22,195,286

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
International Activity

International Summary

Offices
0
Employees
127
Spending
$20,465,123

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesThe Foundation Furnishes Financial and Administrative Support by Employing and Administering the Teaching and Support Staff at the American School in London.0127$16,859,281
Europe (Including Iceland and Greenland)Grantmaking-00$3,605,842
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT OFFICIAL

THE FOUNDATION CONSIDERS ITS TOP MANAGEMENT OFFICIAL TO BE Stephen Potter, PRESIDENT OF THE BOARD. THE PRESIDENT DOES NOT RECEIVE ANY COMPENSATION, AND ACCORDINGLY, PER THE INSTRUCTIONS, THIS QUESTION HAS BEEN ANSWERED "NO".

Form 990, Part VI, Line 15B PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS

The organization does not compensate any other officers of the organization; accordingly this question has been answered "no" per the instructions.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Prior to submission to the Internal Revenue Service, the audit committee is provided with a complete copy of the Form 990 for review and approval. The organization's external accounting firm presents the complete Form 990 to the audit committee, allowing the opportunity for any questions and concerns to be addressed. For reasons of confidentiality, a complete copy of the Form 990, except for the names and addresses on Schedule B, is provided to all board members. Since the board does not receive a complete copy ahead of filing, this question has been answered "no" in accordance with the instructions.

Form 990, Part VI, Line 12C Conflict of interest policy

Prior to election to the board or as an officer, and annually thereafter, all directors and officers shall disclose in writing, to the best of their knowledge, any interest which could be considered a conflict. If at any time during his or her term of service a director or officer has any interest which may pose a conflict of interest at any time during that director or officer's service, he or she shall promptly disclose the material facts of that interest in writing to the chairperson of the board and chair of the audit committee. When any matter in which a director or officer has an interest comes before the board or any committee of the board for decision or approval, that interest shall be immediately disclosed to the board or the committee by that director or officer. No director shall vote on any matter in which he or she has an interest; the conflicted individual shall recuse himself or herself from any discussion or voting on any matter in which the individual has a conflict. The recusal of the conflicted board member is to be memorialized in the minutes of the meeting.

Form 990, Part VI, Line 19 Required documents available to the public

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
American School in London Foundation
EIN
13-6258480
Phone
6094520990
Address
15 Roszel Road, Princeton, NJ 08540-6248

Signing Officer

Name
Stephen Potter
Title
President
Signed
2026-03-17
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
De
Voting Board Members
24
Independent Board Members
24
Employees
127
Volunteers
26

Preparer

Firm
Crowe Llp
Address
4801 Olympia Park Plaza Suite 4000, Louisville, KY 40241-2098
Preparer
Rachel Spurlock
Phone
5023263996
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Cumulative Translation Adjustment - 1991; Total - 1991;

Form 990, Part XII, Line 2C RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS

The financial statements are first approved by the audit committee, and then presented to the full BOARD OF TRUSTEES AT THE ANNUAL MEETING for acceptance.

Schedule F, Part I COMBINED FINANCIAL INFORMATION

American school in london foundation files a tax return (form 990) which includes the transactions of its wholly owned foreign subsidiary, american school in london foundation (uk) ltd, a uk charitable organization.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The US Foundation is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. The UK Foundation is considered a charity under UK law and its income falls within the exemptions granted by the UK Corporation Tax Act of 2010 and is not subject to taxes on income. The Foundation has adopted accounting guidance related to accounting for uncertainty in income taxes. This guidance requires the Foundation to recognize a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. The Foundation has examined this issue and has determined there are no material contingent liabilities or questionable tax positions. The Foundation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Foundation recognizes interest and/or penalties related to income tax matters in income tax expense. The Foundation did not have any amount accrued for interest and penalties at June 30, 2025 or 2024.

Raw XML AppendixShowing 400 of 885 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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