Civic Intelligence

The Randolph School Inc

990 • Fiscal year 2015 • EIN 14-1470219

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 13, 2015

2467 Route 9DWappingers Falls, NY 12590

(845) 297-5600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.87x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.31x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

43rd percentile

0.6%

Higher net margin than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

43rd percentile

$47,000

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

88th percentile

36%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

2.2%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$407,158

Up $108,378 (+36%) from 2014

Net Assets

Up

$53,106

Up $6,970 (+15%) from 2014

Liabilities

Up

$354,052

Up $101,408 (+40%) from 2014

Revenue

Up

$1,136,488

Up $24,275 (+2.2%) from 2014

Expenses

Down

$1,129,519

Down $27,871 (-2.4%) from 2014

Net Income

Up

$6,969

Up $52,146 (+115%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $373,237Liabilities 2011: $373,237Net Assets 2011: $02011Assets 2012: $371,882Liabilities 2012: $371,882Net Assets 2012: $02012Assets 2013: $354,871Liabilities 2013: $354,871Net Assets 2013: $02013Assets 2014: $298,780Liabilities 2014: $252,644Net Assets 2014: $46,1362014Assets 2015: $407,158Liabilities 2015: $354,052Net Assets 2015: $53,1062015Assets 2016: $461,270Liabilities 2016: $332,690Net Assets 2016: $128,5802016Assets 2017: $523,558Liabilities 2017: $364,348Net Assets 2017: $159,2102017Assets 2018: $998,038Liabilities 2018: $812,208Net Assets 2018: $185,8302018Assets 2019: $927,901Liabilities 2019: $802,049Net Assets 2019: $125,8522019Assets 2020: $954,430Liabilities 2020: $746,446Net Assets 2020: $207,9842020Assets 2021: $1,220,937Liabilities 2021: $985,202Net Assets 2021: $235,7352021Assets 2022: $1,077,862Liabilities 2022: $803,414Net Assets 2022: $274,4482022Assets 2023: $965,955Liabilities 2023: $876,015Net Assets 2023: $89,9402023Assets 2024: $826,457Liabilities 2024: $872,732Net Assets 2024: -$46,2752024

Highlighted filing

2015

Assets$407,158
Liabilities$354,052
Net Assets$53,106

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $818,7452011Revenue 2012: $804,801Expenses 2012: $799,540Net Income 2012: $5,2612012Expenses 2013: $966,1262013Revenue 2014: $1,112,213Expenses 2014: $1,157,390Net Income 2014: -$45,1772014Revenue 2015: $1,136,488Expenses 2015: $1,129,519Net Income 2015: $6,9692015Revenue 2016: $1,254,108Expenses 2016: $1,178,634Net Income 2016: $75,4742016Revenue 2017: $1,191,689Expenses 2017: $1,161,059Net Income 2017: $30,6302017Revenue 2018: $1,337,967Expenses 2018: $1,311,794Net Income 2018: $26,1732018Revenue 2019: $1,332,177Expenses 2019: $1,392,155Net Income 2019: -$59,9782019Revenue 2020: $1,433,953Expenses 2020: $1,351,821Net Income 2020: $82,1322020Revenue 2021: $1,447,869Expenses 2021: $1,423,533Net Income 2021: $24,3362021Revenue 2022: $1,655,662Expenses 2022: $1,613,534Net Income 2022: $42,1282022Revenue 2023: $1,422,316Expenses 2023: $1,606,824Net Income 2023: -$184,5082023Revenue 2024: $1,803,229Expenses 2024: $1,939,444Net Income 2024: -$136,2152024

Highlighted filing

2015

Revenue$1,136,488
Expenses$1,129,519
Net Income$6,969
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 13, 2015
Return Version
2014v5.0
Gross Receipts
$1,136,488
Mission and Program Overview

Mission

To establish, conduct, operate and maintain a private school for boys and girls of elementary and secondary grades without profit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$185,002$241,884▲ $56,882
Cash and Non-Interest-Bearing Accounts$59,418$94,003▲ $34,585
Accounts Receivable$38,998$27,190▼ $11,808
Savings and Temporary Cash Investments$9,188$21,237▲ $12,049
Intangible Assets-$11,071-
Prepaid Expenses and Deferred Charges$6,174$5,053▼ $1,121
Total Assets$298,780$407,158▲ $108,378
Other Assets Total-$6,720-
Liabilities
Mortgage Notes Payable Secured by Investment Property$144,091$247,374▲ $103,283
Deferred Revenue$106,955$101,312▼ $5,643
Accounts Payable and Accrued Expenses$1,598$5,366▲ $3,768
Total Liabilities$252,644$354,052▲ $101,408
Net Assets / Fund Balance
Unrestricted Net Assets$46,136$53,106▲ $6,970
Total Net Assets Fund Balance$46,136$53,106▲ $6,970
Total Liabilities and Net Assets / Fund Balance$298,780$407,158▲ $108,378

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$171,660$362,028$533,688
Other Land Buildings$70,224$906$71,130
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Benjamin NilesDirectorFT$47,000$47,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$77,698
Program Service Revenue
$1,056,831
Investment Income
$615
Other Revenue
$1,344
All Other Contributions
$71,604
Change in Net Assets
$6,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$542,678
Grants and Similar Amounts Paid$361,512
Other Expenses$225,329
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$356,923$53,333-$410,256
Grants to Domestic Individuals$361,512--$361,512
Occupancy$78,146$11,677-$89,823
Other Employee Benefits$46,325$6,922-$53,247
Current Officers, Directors, Trustees, and Key Employees$40,890$6,110-$47,000
Payroll Taxes$27,992$4,183-$32,175
Advertising$20,631$721-$21,352
Office Expenses$13,813$2,064-$15,877
Depreciation Depletion$12,980$1,852-$14,832
Fees for Services Other$10,302$1,539-$11,841
Other Expenses$9,411$1,406-$10,817
All Other Expenses$6,125$915-$7,040
Fees for Services Accounting$2,889$432-$3,321
Information Technology$238$36-$274
Conferences and Meetings$224$33-$257
Total Functional Expenses$1,031,810$97,709$0$1,129,519
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 2

Lanse stover kate stover trustee trustee family members

Form 990, Page 6, Part VI, Line 11B

A copy of the organization's federal form 990 will be provided to all trustees at a meeting of the trustees. The trustees will review and approve the federal form 990 prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 15A

The board sets the director's salary initially; each year his salary increases the same percentage as returning teachers' salaries.

Form 990, Page 6, Part VI, Line 15B

Key employees' salaries are initially set by the administrative committee and increases are determined like the director's.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Randolph School Inc
EIN
14-1470219
Address
2467 ROUTE 9D, WAPPINGERS FALLS, NY 12590

Signing Officer

Name
Katlyn Tomlins
Title
Officer
Signed
2015-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Niles
Formed
1964
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
18

Preparer

Firm
Vanacoredebenedictusdigovanni&weddell
Address
11 RACQUET RD, NEWBURGH, NY 12550
Preparer
Karen L Staples CPA
Phone
8455679000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 1

Form 990, Part XI, Line 9

Prior period adjustment 0

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01031613
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125218
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01031613
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125218
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt085929
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0400728
IRS990/PYInvestmentIncomeAmt0268
IRS990/PYOtherExpensesAmt0225986
IRS990/PYOtherRevenueAmt0634
IRS990/PYProgramServiceRevenueAmt01025382
IRS990/PYRevenuesLessExpensesAmt0-45177
IRS990/PYSalariesCompEmpBnftPaidAmt0530676
IRS990/PYTotalExpensesAmt01157390
IRS990/PYTotalRevenueAmt01112213
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt06969
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01058175
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09188
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021237
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0171660
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0362028
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0533688
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt070224
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0906
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071130
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0241884
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WEBSITE AND APPLICATION FORM.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt17,875 OF AID IS RECEIVED FROM STATE APPORTIONMENT & TITLE II.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0361512
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt044
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ANY FINANCIAL AID IS USED AS A REDUCTION OF TUITION CHARGED TO SUCH STUDENT ATTENDING THE RANDOLPH SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LANSE STOVER KATE STOVER TRUSTEE TRUSTEE FAMILY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE ORGANIZATION'S FEDERAL FORM 990 WILL BE PROVIDED TO ALL TRUSTEES AT A MEETING OF THE TRUSTEES. THE TRUSTEES WILL REVIEW AND APPROVE THE FEDERAL FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD SETS THE DIRECTOR'S SALARY INITIALLY; EACH YEAR HIS SALARY INCREASES THE SAME PERCENTAGE AS RETURNING TEACHERS' SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEY EMPLOYEES' SALARIES ARE INITIALLY SET BY THE ADMINISTRATIVE COMMITTEE AND INCREASES ARE DETERMINED LIKE THE DIRECTOR'S.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0298780
IRS990/TotalAssetsEOYAmt0407158
IRS990/TotalAssetsGrp/BOYAmt0298780
IRS990/TotalAssetsGrp/EOYAmt0407158
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077698
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097709
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01031810
IRS990/TotalFunctionalExpensesGrp/TotalAmt01129519
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0252644
IRS990/TotalLiabilitiesEOYAmt0354052
IRS990/TotalLiabilitiesGrp/BOYAmt0252644
IRS990/TotalLiabilitiesGrp/EOYAmt0354052
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046136
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053106
IRS990/TotalProgramServiceExpensesAmt01031810
IRS990/TotalProgramServiceRevenueAmt01056831
IRS990/TotalReportableCompFromOrgAmt047000
IRS990/TotalRevenueGrp/ExclusionAmt0615
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01058175
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01136488
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0298780
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0407158
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt046136
IRS990/UnrestrictedNetAssetsGrp/EOYAmt053106
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02467 ROUTE 9D
IRS990/USAddress/CityNm0WAPPINGERS FALLS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012590
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.RANDOLPHSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATLYN TOMLINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RANDOLPH SCHOOL INC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.83$0.87$0.05$1.80$1.94$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.97$0.88$0.09$1.42$1.61$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.08$0.80$0.27$1.66$1.61$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.99$0.24$1.45$1.42$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.75$0.21$1.43$1.35$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.80$0.13$1.33$1.39$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.00$0.81$0.19$1.34$1.31$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.36$0.16$1.19$1.16$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.46$0.33$0.13$1.25$1.18$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.35$0.05$1.14$1.13$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.25$0.05$1.11$1.16$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.35$0.00$0.97
2012Summary only. Only limited summary data is available for this year.$0.37$0.37$0.00$0.80$0.80$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.37$0.00$0.82