Civic Intelligence

Solebury School

990 • Fiscal year 2020 • EIN 23-1365969

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 30, 2021

6832 Phillips Mill RoadNew Hope, PA 18938-9682

(215) 862-5261

Siviq Scores

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

Liabilities / Assets

56th percentile

0.33x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.67x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

31st percentile

-0.7%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

55th percentile

$269,117

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

26th percentile

0.1%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-6.7%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$27,950,473

Up $32,266 (+0.1%) from 2019

Net Assets

Down

$18,747,073

Down $26,944 (-0.1%) from 2019

Liabilities

Up

$9,203,400

Up $59,210 (+0.6%) from 2019

Revenue

Down

$13,649,377

Down $972,993 (-6.7%) from 2019

Expenses

Up

$13,750,417

Up $370,655 (+2.8%) from 2019

Net Income

Down

-$101,040

Down $1,343,648 (-108%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $24,932,086Liabilities 2011: $8,682,776Net Assets 2011: $16,249,3102011Assets 2012: $24,928,449Liabilities 2012: $8,766,470Net Assets 2012: $16,161,9792012Assets 2013: $25,884,662Liabilities 2013: $8,822,705Net Assets 2013: $17,061,9572013Assets 2014: $26,948,660Liabilities 2014: $8,613,840Net Assets 2014: $18,334,8202014Assets 2015: $27,241,962Liabilities 2015: $8,691,202Net Assets 2015: $18,550,7602015Assets 2016: $27,160,506Liabilities 2016: $8,759,612Net Assets 2016: $18,400,8942016Assets 2017: $26,778,001Liabilities 2017: $8,624,640Net Assets 2017: $18,153,3612017Assets 2018: $27,310,275Liabilities 2018: $8,686,416Net Assets 2018: $18,623,8592018Assets 2019: $27,918,207Liabilities 2019: $9,144,190Net Assets 2019: $18,774,0172019Assets 2020: $27,950,473Liabilities 2020: $9,203,400Net Assets 2020: $18,747,0732020Assets 2021: $31,595,369Liabilities 2021: $8,853,865Net Assets 2021: $22,741,5042021Assets 2022: $37,678,189Liabilities 2022: $10,760,616Net Assets 2022: $26,917,5732022Assets 2023: $43,723,580Liabilities 2023: $16,233,953Net Assets 2023: $27,489,6272023Assets 2024: $49,835,137Liabilities 2024: $18,187,735Net Assets 2024: $31,647,4022024Assets 2025: $52,177,308Liabilities 2025: $18,732,561Net Assets 2025: $33,444,7472025

Highlighted filing

2020

Assets$27,950,473
Liabilities$9,203,400
Net Assets$18,747,073

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $9,634,834Expenses 2011: $9,960,284Net Income 2011: -$325,4502011Expenses 2012: $10,051,8612012Expenses 2013: $10,363,3112013Revenue 2014: $10,976,067Expenses 2014: $10,827,066Net Income 2014: $149,0012014Revenue 2015: $11,137,857Expenses 2015: $10,915,981Net Income 2015: $221,8762015Revenue 2016: $11,801,274Expenses 2016: $11,800,209Net Income 2016: $1,0652016Revenue 2017: $11,758,698Expenses 2017: $13,029,772Net Income 2017: -$1,271,0742017Revenue 2018: $12,872,758Expenses 2018: $13,123,036Net Income 2018: -$250,2782018Revenue 2019: $14,622,370Expenses 2019: $13,379,762Net Income 2019: $1,242,6082019Revenue 2020: $13,649,377Expenses 2020: $13,750,417Net Income 2020: -$101,0402020Revenue 2021: $15,801,404Expenses 2021: $14,169,714Net Income 2021: $1,631,6902021Revenue 2022: $18,180,896Expenses 2022: $15,872,487Net Income 2022: $2,308,4092022Revenue 2023: $17,101,739Expenses 2023: $17,588,897Net Income 2023: -$487,1582023Revenue 2024: $21,543,994Expenses 2024: $18,896,490Net Income 2024: $2,647,5042024Revenue 2025: $19,805,392Expenses 2025: $19,432,718Net Income 2025: $372,6742025

Highlighted filing

2020

Revenue$13,649,377
Expenses$13,750,417
Net Income-$101,040
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 30, 2021
Return Version
2019v5.2
Gross Receipts
$13,869,969
Mission and Program Overview

Mission

See schedule o.solebury school is a private independent school for students in grades 9 through 12. Solebury school's mission is to create an environment of educational excellence that prepares students for success in college and beyond. In the solebury community, we strongly value intellectual challenge and academic achievement, creative and independent thinking, mutual respect between students and teachers, deep respect for each individual, and diversity.

Solebury school is a private independent school for students in grades 9 through 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,202,171$16,238,210▲ $36,039
Investments in Publicly Traded Securities$8,673,359$8,741,766▲ $68,407
Savings and Temporary Cash Investments$2,530,385$1,868,459▼ $661,926
Cash and Non-Interest-Bearing Accounts$256,319$816,090▲ $559,771
Pledges and Grants Receivable$141,850$119,652▼ $22,198
Prepaid Expenses and Deferred Charges$105,785$98,246▼ $7,539
Accounts Receivable$8,338$68,050▲ $59,712
Total Assets$27,918,207$27,950,473▲ $32,266
Liabilities
Deferred Revenue$4,742,167$3,899,334▼ $842,833
Tax Exempt Bond Liabilities$2,571,323$2,440,054▼ $131,269
Unsecured Notes Loans Payable-$1,481,400-
Accounts Payable and Accrued Expenses$605,116$659,900▲ $54,784
Mortgage Notes Payable Secured by Investment Property$1,124,749$652,500▼ $472,249
Other Liabilities$100,835$70,212▼ $30,623
Total Liabilities$9,144,190$9,203,400▲ $59,210
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,210,713$9,739,207▼ $471,506
Net Assets With Donor Restrictions$8,563,304$9,007,866▲ $444,562
Total Net Assets Fund Balance$18,774,017$18,747,073▼ $26,944
Total Liabilities and Net Assets / Fund Balance$27,918,207$27,950,473▲ $32,266

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,711,785$10,051,624$22,763,409
Equipment$1,002,677$2,183,562$3,186,239
Land$1,561,506-$1,561,506
Other Land Buildings$962,242$98,995$1,061,237

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$7,860,608$43,960▲ $286,237$280,905$7,909,900
2018$8,954,746$319,947▲ $390,384$1,804,469$7,860,608
2017$8,118,698-▲ $836,048-$8,954,746
2016$6,980,385-▲ $1,138,313-$8,118,698
2015$6,784,001$213,271▼ $16,887-$6,980,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas G WilschutzHead of SchoolFT$241,642$27,475$269,117
Steven FeldDirector of Finance and OperationsFT$159,374$24,206$183,580
Jennifer BurnsDirector of AdvancementFT$135,724$26,155$161,879
Scott EcksteinDirector of AdmissionsFT$115,679$27,470$143,149
Steve ButeuxAssociate HeadFT$112,342$21,666$134,008
Annette MillerDean of StudentsFT$105,462$16,034$121,496

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Metcalfe Architecture & DesignArchitectural Services211 N 13TH STREET SUITE 503, Philadelphia, PA 19107$201,148
Revenue and Support

Revenue Composition

Contributions and Grants
$923,815
Program Service Revenue
$12,355,167
Investment Income
$229,614
Other Revenue
$140,781
All Other Contributions
$860,434
Change in Net Assets
$-101,040

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$109,418Fair Market Value
Other Non Cash Contri Table111$44,914Fair Market Value
Total Noncash Contributions117$154,332-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,643,158
Revenue Not Reported on Financial Statements
$6,219
Revenue Not Reported on Form 990
$-2,918,314
Other Revenue Adjustments
$-9,291
Total Revenue per Audited Statements
$10,724,844
Total Revenue per Form 990
$13,649,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,668,241
Other Expenses$3,089,766
Grants and Similar Amounts Paid$2,992,410
Total Fundraising Expense$333,975
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,807,760$1,678,174$218,767$5,704,701
Grants to Domestic Individuals$2,992,410--$2,992,410
Other Employee Benefits$479,300$239,277$29,634$748,211
Depreciation Depletion$610,720$107,974$12,822$731,516
Current Officers, Directors, Trustees, and Key Employees$13,667$414,948$27,334$455,949
Payroll Taxes$281,642$151,189$17,940$450,771
Pension Plan Contributions$208,533$88,576$11,500$308,609
All Other Expenses$99,243$160,871$416$260,530
Insurance$164,000$33,408$3,967$201,375
Occupancy$150,258$30,609$3,635$184,502
Information Technology$89,896$46,209$127$136,232
Office Expenses$61,894$71,671$157$133,722
Fees for Services Other$56,938$63,288$6$120,232
Interest$96,147$19,490$2,314$117,951
Advertising$5,822$104,057$12$109,891
Other Expenses$41,593$46,160$36$87,789
Fees for Services Legal-$72,667-$72,667
Travel$20,378$36,150-$56,528
Fees for Services Accounting-$46,815-$46,815
Fees for Service Investment Mgmnt Fees-$15,510-$15,510
Total Functional Expenses$9,888,643$3,527,799$333,975$13,750,417

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,750,417
Total Expenses per Audited Statements$10,751,788
Expenses per Audited Statements$10,742,497
Expenses Not Reported on Financial Statements$3,007,920
Other Expense Adjustments$2,992,410
Expenses Not Reported on Form 990$9,291
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,914
Fundraising Direct Expenses$9,291
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Online Auction$108,295$44,914$7,341$37,573
Total Events$108,295$44,914$9,291$35,623
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Rebecca WilschutzRebecca Wilschutz Is the Spouse of Thomas G. Wilschutz, Head of School.Rebecca Wilschutz Is an Employee of the School.No$62,611
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Annuity Contracts$61,334
Capital Lease Obligation$8,878

Bond Issues

BondIssuerIssuedIssue PricePurpose
APerkasie Borough Industrial Development Authority2011-03-30$4,193,678Refi to pay off series of 2006 bond

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,193,678$4,111,678$1,698,304$82,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
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 1

The executive committee consists of the duly elected officers of the board, the head of school and the chairperson of the committee on trustees, the finance committee, the development committee, the investment committee, the buildings and grounds committee, and the head evaluation committee. The executive committee has the full authority of the board to act in emergencies or when prudent management requires prompt action during the periods between meetings of the board. Such actions of the executive committee shall require a three-quarters vote of the members of the committee, shall be communicated promptly to the trustees, and shall be presented to the board for formal ratification at the board's next meeting.

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

The form 990 is prepared by an independent accounting firm and then reviewed by the finance committee. After approval by the finance committee, the complete form 990 is shared with the entire board prior to filing with the internal revenue service.

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

The conflict of interest policy applies to all trustees and executive-level administrative employees. Potential conflicts are reported to the chair of the board, the head of school, the director of finance and operations, and the board's executive committee. These parties consult with each other to determine if an actual conflict exists. The final decision belongs to the chair of the board, unless the potential conflict involves that person; then, it goes to the head of the school in consultation with the executive committee of the board. If a conflict is identified, a determination is made about the potential for such a conflict to compromise the school's well-being which involves questions of magnitude (usually financial), consequences, alternatives, etc. The well-being of the school, its students/families, its faculty/staff, and its overall community is always the primary basis for a decision as to whether or not the school can proceed despite the conflict. Annual disclosure of actual and potential conflicts is required.

Form 990, Part VI, Section B, Line 15A

The executive committee determines the compensation of the head of school using compensation data from the school's local and national associations and the results of the head of school's annual review by the head evaluation committee. Compensation decisions are timely documented in a letter from the chair of the board to the head of school.

Form 990, Part VI, Section C, Line 19

The school makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Solebury School
EIN
23-1365969
Phone
2158625261
Address
6832 PHILLIPS MILL ROAD, NEW HOPE, PA 18938-9682

Signing Officer

Name
Elizabeth Wavle
Title
Chair
Phone
2158625261
Signed
2021-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Wavle
Formed
1925
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
19
Employees
181
Volunteers
70

Preparer

Firm
Cliftonlarsonallen Llp
Address
610 W GERMANTOWN PIKE SUITE 400, PLYMOUTH MEETING, PA 19462
Preparer
Bruce Braunewell CPA
Phone
2156433900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in values of gift annuities -2,665.

Financial Statement Notes

PART V, LINE 4:

Investment income generated by the endowment investments supports the educational programs of the school.

PART X, LINE 2:

Solebury school is tax-exempt under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been made in the accompanying financial statements. It has been classified as an organization that is not a private foundation under section 509(a)(1) of the internal revenue code and qualifies for the maximum charitable contributions deduction for individual donors. The school accounts for uncertainties in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The school's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in operation expenses. There were no unrecognized tax benefits recorded during the periods presented in the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in values of gift annuities -2,665. Financial aid -2,992,410.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct fundraising expenses -9,291.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 9,291.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 2,992,410.

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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/Desc0SOLEBURY SCHOOL OPERATES ON A TRIMESTER SYSTEM WITH ADDITIONAL EXPERIENTIAL EDUCATION AND ACADEMIC PROGRAMS DURING THE TWO WEEKS OF SPRING BREAK AND OVER THE SUMMER (INCLUDING GLOBAL EDUCATION AND TRAVEL). IN FY2020 THE SCHOOL ENROLLED 228 STUDENTS (9TH GRADE: 47, 10TH GRADE: 55, 11TH GRADE: 61, 12TH GRADE: 65). OF THOSE STUDENTS, 82 WERE BOARDING STUDENTS AND 146 WERE DAY STUDENTS. THE STUDENT BODY CAME FROM 6 COUNTRIES AND 15 STATES, AND OUR 2020 GRADUATES WENT ON TO ATTEND 46 DIFFERENT COLLEGES IN 19 STATES AND 3 COUNTRIES (A 100% PLACEMENT RATE). CONTINUED ON SCHEDULE O.SOLEBURY SCHOOL ADDRESSED THE REALITY OF THE CORONAVIRUS PANDEMIC FROM THE FIRST EARLY INDICATORS THAT WE MIGHT BE FACING A GLOBAL PANDEMIC BY FORMING A COVID-19 TASK FORCE ON JANUARY 27, 2020. WE REASSURED OUR FACULTY AND STAFF THAT WE WERE GOING TO SUSTAIN EMPLOYMENT THROUGHOUT THE PANDEMIC - NO LAYOFFS - WELL BEFORE THE ANNOUNCEMENT OF A FEDERAL PROGRAM AIMED AT PROTECTING JOBS (THE PAYROLL PROTECTION PROGRAM (PPP) OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. (WE DID APPLY FOR AND RECEIVE A PPP LOAN WHICH WAS SPENT 100% ON EMPLOYEE COMPENSATION/BENEFITS.) WHEN WE CLOSED IN MARCH 2020, THE SCHOOL MADE THE SHIFT TO 100% ONLINE EDUCATION WHILE MAINTAINING OUR BOARDING PROGRAM BECAUSE WE HAD INTERNATIONAL STUDENTS WHO WERE PREVENTED FROM GOING HOME BY TRAVEL RESTRICTIONS. WE ADDED STAFF TO SUPPORT THE CONTINUANCE OF THE RESIDENTIAL LIFE PROGRAM AND THE DINING PROGRAM. WE WERE ABLE TO IMPLEMENT HYBRID LEARNING WHICH ALLOWED OUR FACULTY, STAFF AND STUDENTS TO MAKE INDIVIDUAL DECISIONS ABOUT BEING ON CAMPUS OR AT HOME FOR FY2021. THE FINANCIAL COST TO THE SCHOOL OF THE CORONAVIRUS PANDEMIC HAS BEEN SIGNIFICANT - PERSONAL PROTECTIVE EQUIPMENT, TECHNOLOGY INVESTMENTS (LAPTOPS, MONITORS, SMARTBOARDS, MICROPHONES AND CAMERAS), TRAINING INVESTMENTS (WE OFFERED NO ONLINE COURSES PRIOR TO THE PANDEMIC SO WE GAVE OUR TEACHERS FULL ACCESS TO TRAINING IN HOW TO BE EFFECTIVE ONLINE OR HYBRID), FURNITURE, PLEXIGLAS, BIODEGRADABLE FOOD CONTAINERS, PORTABLE AIR FILTRATION SYSTEMS, OUTDOOR CLASSROOMS, RESIDENTIAL ISOLATION UNITS, VIRUS TESTING, ETC. DESPITE THE PANDEMIC, THE SCHOOL MAINTAINED ITS ENROLLMENT INTO FY2021 USING VIRTUAL OPEN HOUSES, TOURS, ADMITTED STUDENT EVENTS, VIRTUAL CAMPUS ACTIVITIES, VIRTUAL FAIRS (INTERNATIONAL AND DOMESTIC). THESE ADMISSIONS/RECRUITMENT EFFORTS WERE IMPORTANT, BUT WHAT REALLY ENABLED US TO SUCCEED WERE THE INVESTMENTS MADE AND THE WORK DONE TO PROTECT OUR COMMUNITY AND CONTINUE DELIVERING THE HIGH QUALITY EDUCATION THAT OUR STUDENTS AND FAMILIES EXPECTED FROM SOLEBURY SCHOOL. IN ADDITION, WE EXPANDED OUR ALREADY EFFECTIVE COMMUNICATIONS PROGRAM TO ENSURE OUR EMPLOYEES, STUDENTS, AND FAMILIES HAD FULL INFORMATION ABOUT WHAT WE WERE DOING AND WHY.
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IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/EscrowAccountInd00
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IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt046815
IRS990/FeesForServicesAccountingGrp/TotalAmt046815
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt072667
IRS990/FeesForServicesLegalGrp/TotalAmt072667
IRS990/FeesForServicesOtherGrp/FundraisingAmt06
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt063288
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt056938
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IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt015510
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt015510
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt427470
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt516034
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS G WILSCHUTZ
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVEN FELD
IRS990/Form990PartVIISectionAGrp/PersonNm2JENNIFER BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE BUTEUX
IRS990/Form990PartVIISectionAGrp/PersonNm4SCOTT ECKSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm5ANNETTE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm6CHARLES JUNGGREN ABBE
IRS990/Form990PartVIISectionAGrp/PersonNm7ANDREA DEVEREUX
IRS990/Form990PartVIISectionAGrp/PersonNm8JON DOWNS
IRS990/Form990PartVIISectionAGrp/PersonNm9JEREMY FERGUSSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL FOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm11ANDREW GESPASS
IRS990/Form990PartVIISectionAGrp/PersonNm12THOMAS MCC HUNT ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm13HEINER MARKHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm14MANDY MUNDY
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM PENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm16JOSH PERLSWEIG
IRS990/Form990PartVIISectionAGrp/PersonNm17JOHN H PETITO
IRS990/Form990PartVIISectionAGrp/PersonNm18BRETT WEBBER
IRS990/Form990PartVIISectionAGrp/PersonNm19ELLEN WESTHEIMER
IRS990/Form990PartVIISectionAGrp/PersonNm20NAVARROW WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm21ELIZABETH WAVLE
IRS990/Form990PartVIISectionAGrp/PersonNm22DAN COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm23JOAN REINTHALER
IRS990/Form990PartVIISectionAGrp/PersonNm24DEREK WARDEN
IRS990/Form990PartVIISectionAGrp/PersonNm25SONYA SAPPINGTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0241642
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1159374
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2135724
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3112342
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4115679
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5105462
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF FINANCE AND OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSOCIATE HEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF ADMISSIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5DEAN OF STUDENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt23SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE TO OCT 2019
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01925
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt063381
IRS990/FundraisingDirectExpensesAmt09291
IRS990/FundraisingGrossIncomeAmt044914
IRS990/GainOrLossGrp/OtherAmt0-5181
IRS990/GainOrLossGrp/SecuritiesAmt013310
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt02992410
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02992410
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02992410
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01500
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0217930
IRS990/GrossReceiptsAmt013869969
IRS990/GrossRentsGrp/RealAmt02875
IRS990/GrossSalesOfInventoryAmt09358
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0127
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt046209
IRS990/InformationTechnologyGrp/ProgramServicesAmt089896
IRS990/InformationTechnologyGrp/TotalAmt0136232
IRS990/InsuranceGrp/FundraisingAmt03967
IRS990/InsuranceGrp/ManagementAndGeneralAmt033408
IRS990/InsuranceGrp/ProgramServicesAmt0164000
IRS990/InsuranceGrp/TotalAmt0201375
IRS990/InterestGrp/FundraisingAmt02314
IRS990/InterestGrp/ManagementAndGeneralAmt019490
IRS990/InterestGrp/ProgramServicesAmt096147
IRS990/InterestGrp/TotalAmt0117951
IRS990/InvestmentIncomeGrp/ExclusionAmt0221485
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0221485
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08673359
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08741766
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012334181
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016202171
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016238210
IRS990/LandBldgEquipCostOrOtherBssAmt028572391
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt06681
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0204620
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt019378
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt020917
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt040295
IRS990/MissionDesc0SEE SCHEDULE O.SOLEBURY SCHOOL IS A PRIVATE INDEPENDENT SCHOOL FOR STUDENTS IN GRADES 9 THROUGH 12. SOLEBURY SCHOOL'S MISSION IS TO CREATE AN ENVIRONMENT OF EDUCATIONAL EXCELLENCE AND PERSONAL GROWTH THAT PREPARES STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND. IN THE SOLEBURY COMMUNITY, WE STRONGLY VALUE INTELLECTUAL CHALLENGE AND ACADEMIC ACHIEVEMENT, CREATIVE AND INDEPENDENT THINKING, MUTUAL RESPECT BETWEEN STUDENTS AND TEACHERS, DEEP RESPECT FOR EACH INDIVIDUAL, AND DIVERSITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01124749
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0652500
IRS990/NetAssetsOrFundBalancesBOYAmt018774017
IRS990/NetAssetsOrFundBalancesEOYAmt018747073
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08129
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08129
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt035623
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt035623
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt09358
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt09358
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02875
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02875
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt076761
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010210713
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09739207
IRS990/NoncashContributionsAmt0154332
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03635
IRS990/OccupancyGrp/ManagementAndGeneralAmt030609
IRS990/OccupancyGrp/ProgramServicesAmt0150258
IRS990/OccupancyGrp/TotalAmt0184502
IRS990/OfficeExpensesGrp/FundraisingAmt0157
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt071671
IRS990/OfficeExpensesGrp/ProgramServicesAmt061894
IRS990/OfficeExpensesGrp/TotalAmt0133722
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-2665
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt029634
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0239277

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$52.2$18.7$33.4$19.8$19.4$0.37
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.8$18.2$31.6$21.5$18.9$2.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.7$16.2$27.5$17.1$17.6$0.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.7$10.8$26.9$18.2$15.9$2.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$8.85$22.7$15.8$14.2$1.63
2020Detailed filing. Detailed filing data is available for this year.$28.0$9.20$18.7$13.6$13.8$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$9.14$18.8$14.6$13.4$1.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$8.69$18.6$12.9$13.1$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.8$8.62$18.2$11.8$13.0$1.27
2016Detailed filing. Detailed filing data is available for this year.$27.2$8.76$18.4$11.8$11.8$0.00
2015Detailed filing. Detailed filing data is available for this year.$27.2$8.69$18.6$11.1$10.9$0.22
2014Detailed filing. Detailed filing data is available for this year.$26.9$8.61$18.3$11.0$10.8$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$8.82$17.1$10.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$8.77$16.2$10.1
2011Summary only. Only limited summary data is available for this year.$24.9$8.68$16.2$9.63$9.96$0.33