Civic Intelligence

St David'S School

990 • Fiscal year 2022 • EIN 23-7241145

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.SDSW.ORG

View Organization Page

3400 White Oak RoadRaleigh, NC 27609

(919) 782-3240

Siviq Scores

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

Liabilities / Assets

76th percentile

0.70x

Higher debt load relative to assets than 76% of similar nonprofits.

2022 filings • NTEE B • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

1.32x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • NTEE B • $25M-$50M nonprofits • Source year 2022

Net Margin

25th percentile

-0.5%

Higher net margin than 25% of similar nonprofits.

2022 filings • NTEE B • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$291,407

Higher top officer pay than 66% of similar nonprofits.

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

2022 filings • NTEE B • $25M-$50M nonprofits • Source year 2022

Asset Growth

44th percentile

-0.8%

Faster asset growth than 44% of similar nonprofits.

2022 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-1.4%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$32,374,856

Down $253,675 (-0.8%) from 2021

Net Assets

Down

$9,574,536

Down $30,171 (-0.3%) from 2021

Liabilities

Down

$22,800,320

Down $223,504 (-1.0%) from 2021

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin25th percentile

Revenue

Down

$17,275,406

Down $245,467 (-1.4%) from 2021

Expenses

Up

$17,364,125

Up $143,546 (+0.8%) from 2021

Net Income

Down

-$88,719

Down $389,013 (-130%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$40M$30M$20M$10M$0Assets 2011: $25,157,428Liabilities 2011: $17,107,913Net Assets 2011: $8,049,5152011Assets 2012: $24,295,994Liabilities 2012: $16,050,486Net Assets 2012: $8,245,5082012Assets 2013: $24,773,811Liabilities 2013: $16,660,968Net Assets 2013: $8,112,8432013Assets 2014: $24,836,205Liabilities 2014: $16,326,055Net Assets 2014: $8,510,1502014Assets 2015: $25,237,145Liabilities 2015: $16,711,593Net Assets 2015: $8,525,5522015Assets 2016: $30,509,866Liabilities 2016: $22,114,862Net Assets 2016: $8,395,0042016Assets 2017: $33,318,608Liabilities 2017: $23,240,545Net Assets 2017: $10,078,0632017Assets 2018: $38,107,581Liabilities 2018: $25,970,211Net Assets 2018: $12,137,3702018Assets 2019: $34,413,390Liabilities 2019: $23,926,300Net Assets 2019: $10,487,0902019Assets 2020: $32,744,239Liabilities 2020: $23,480,283Net Assets 2020: $9,263,9562020Assets 2021: $32,628,531Liabilities 2021: $23,023,824Net Assets 2021: $9,604,7072021Assets 2022: $32,374,856Liabilities 2022: $22,800,320Net Assets 2022: $9,574,5362022Assets 2023: $30,450,392Liabilities 2023: $22,130,849Net Assets 2023: $8,319,5432023Assets 2024: $29,894,594Liabilities 2024: $22,674,319Net Assets 2024: $7,220,2752024

Highlighted filing

2022

Assets$32,374,856
Liabilities$22,800,320
Net Assets$9,574,536
Open 2022 Filing

Operations Trend

Revenue Growth33rd percentile

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

$20M$10M$0-$10MExpenses 2011: $10,760,2852011Expenses 2012: $10,955,9692012Expenses 2013: $11,611,9902013Revenue 2014: $12,484,195Expenses 2014: $12,275,501Net Income 2014: $208,6942014Revenue 2015: $12,697,439Expenses 2015: $12,492,922Net Income 2015: $204,5172015Revenue 2016: $13,298,040Expenses 2016: $13,247,046Net Income 2016: $50,9942016Revenue 2017: $16,619,213Expenses 2017: $15,063,408Net Income 2017: $1,555,8052017Revenue 2018: $17,190,288Expenses 2018: $15,161,398Net Income 2018: $2,028,8902018Revenue 2019: $15,236,636Expenses 2019: $16,880,766Net Income 2019: -$1,644,1302019Revenue 2020: $15,134,565Expenses 2020: $16,387,037Net Income 2020: -$1,252,4722020Revenue 2021: $17,520,873Expenses 2021: $17,220,579Net Income 2021: $300,2942021Revenue 2022: $17,275,406Expenses 2022: $17,364,125Net Income 2022: -$88,7192022Revenue 2023: $17,065,655Expenses 2023: $18,415,112Net Income 2023: -$1,349,4572023Revenue 2024: $18,583,553Expenses 2024: $19,641,396Net Income 2024: -$1,057,8432024

Highlighted filing

2022

Revenue$17,275,406
Expenses$17,364,125
Net Income-$88,719
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$17,391,221
Mission and Program Overview

Mission

St. David's is an independent school in the episcopal school tradition that prepares young men and women for college and life by challenging them to excel in the vital areas of faith, virtue and knowledge.

Prepare students for college & life by challenging them to excel in faith, virtue & knowledge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,716,053$26,713,511▼ $1,002,542
Cash and Non-Interest-Bearing Accounts$3,820,325$4,543,002▲ $722,677
Pledges and Grants Receivable$566,116$550,595▼ $15,521
Prepaid Expenses and Deferred Charges$77,933$323,581▲ $245,648
Accounts Receivable$322,302$40,248▼ $282,054
Total Assets$32,628,531$32,374,856▼ $253,675
Other Assets Total$125,802$203,919▲ $78,117
Liabilities
Tax Exempt Bond Liabilities$16,593,124$16,077,736▼ $515,388
Deferred Revenue$6,173,121$6,489,687▲ $316,566
Accounts Payable and Accrued Expenses$173,654$123,495▼ $50,159
Other Liabilities$83,925$109,402▲ $25,477
Total Liabilities$23,023,824$22,800,320▼ $223,504
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,904,809$7,295,535▲ $390,726
Net Assets With Donor Restrictions$2,699,898$2,279,001▼ $420,897
Total Net Assets Fund Balance$9,604,707$9,574,536▼ $30,171
Total Liabilities and Net Assets / Fund Balance$32,628,531$32,374,856▼ $253,675

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,446,801$13,130,971$37,577,772
Equipment$663,509$1,904,356$2,567,865
Land$1,470,793-$1,470,793
Other Land Buildings$132,408$973,963$1,106,371
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew HillegassHead of SchoolFT$214,775$77,054$291,829
Miriam F LeshnockAsst Headmaster Finance/opFT$202,256$44,396$246,652
Mary a RaperDirector of AdvancementFT$135,979$19,160$155,139
Jonathan YonanHeadmaster (to 6/30/2021)FT$131,876$18,233$150,109
Ryan MessmoreAsst Headmaster AcademicsFT$80,690$9,175$89,865

Board Members and Trustees

NameTitle
Joe Knott IiiChairman
Mike SmithVice-chairman
Anne FletcherTrustee
Cliff Benson IiiTrustee
Dana SimpsonTrustee
Donna McclatcheyTrustee
John LuckettTrustee
Jule SmithTrustee
Neal CokerTrustee
Paul ConwayTrustee
Phil YorkTrustee
Ven PooleSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
R And R Fields LLCField MaintenancePO BOX 17967, Raleigh, NC 27619$179,684
Revenue and Support

Revenue Composition

Contributions and Grants
$1,991,933
Program Service Revenue
$15,330,238
Investment Income
$75
Other Revenue
$-46,840
All Other Contributions
$1,845,550
Change in Net Assets
$-88,719

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
Other Non Cash Contri Table24$59,981Fair Market Value
Other Non Cash Contri Table2$11,645Fair Market Value
Other Non Cash Contri Table2$5,208Fair Market Value
Other Non Cash Contri Table2$580Fair Market Value
Total Noncash Contributions30$77,414-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,170,461
Revenue Not Reported on Financial Statements
$1,104,945
Revenue Not Reported on Form 990
$58,548
Other Revenue Adjustments
$1,104,945
Total Revenue per Audited Statements
$16,229,009
Total Revenue per Form 990
$17,275,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,565,299
Other Expenses$5,693,881
Grants and Similar Amounts Paid$1,104,945
Total Fundraising Expense$606,867
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,217,970$1,582,923$333,074$8,133,967
Depreciation Depletion$1,165,293$246,884$49,377$1,461,554
Grants to Domestic Individuals$1,104,945--$1,104,945
Other Employee Benefits$503,629$140,301$29,522$673,452
Current Officers, Directors, Trustees, and Key Employees$501,508$139,710$29,397$670,615
Payroll Taxes$460,388$128,255$26,987$615,630
Information Technology$481,836$102,084$20,417$604,337
All Other Expenses$402,245$109,180$12,329$523,754
Pension Plan Contributions$352,704$98,256$20,675$471,635
Interest$230,781$58,095$9,779$298,655
Occupancy$217,223$46,021$9,204$272,448
Other Expenses$238,362$129,632$25,926$238,362
Advertising$151,120$5,825$35,300$192,245
Insurance$75,173$15,926$3,185$94,284
Conferences and Meetings$52,339$10,714-$63,053
Fees for Services Legal-$60,286-$60,286
Office Expenses$29,149$21,191$1,695$52,035
Fees for Services Accounting-$31,400-$31,400
Fees for Service Investment Mgmnt Fees-$6,388-$6,388
Fees for Services Other-$5,965-$5,965
Total Functional Expenses$13,818,222$2,939,036$606,867$17,364,125

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$17,364,125
Expenses per Audited Statements$16,259,180
Total Expenses per Audited Statements$16,259,180
Expenses Not Reported on Financial Statements$1,104,945
Other Expense Adjustments$1,104,945
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$115,815
Fundraising Gross Income$40,638
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Social$187,021$40,638$67,867$-27,229
Total Events$187,021$40,638$115,815$-75,177
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
Ven PooleTrustees-board MbrTrash ServicesNo$26,043
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease$109,402

Bond Issues

BondIssuerIssuedIssue PricePurpose
AWisconsin Public Finance Authority2014-09-19$18,750,000Finance capital construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,750,000$18,424,189$2,395,000$325,749

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Part VI, Section B, Line 11B

“Form 990 review process: the form 990 is reviewed and discussed by jonathan walston, controller, and miriam leshnock, assistant headmaster of finance and operations, who provides the signature on the form.”

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

“Monitoring conflicts of interest: the st. David's board discusses annual events that may cause a conflict of interest at the may board meeting when the next fiscal year budget is approved. The discussion is documented in the meeting minutes. The conflict of interest policy and reporting procedures are also published in the faculty and staff handbooks that are distributed to each employee at the beginning of the academic year.”

Form 990, Part VI, Section B, Line 15

“Process for determining compensation: each year the personnel committee of the board solicits feedback on the headmaster's performance over the past year through a survey sent to faculty, staff, parents and board members. The committee takes the information obtained through the survey into consideration, along with comparable data for compensation information from similar organizations obtained by a member of the board, in setting the headmaster's salary for the next year. The school conducts comparability analyses of all positions prior to making job offers to key employees. The finance committee reviews and the board approves salary ranges for all new positions. St. David's is currently formalizing an employee evaluation process for both faculty and staff to better correlate performance with compensation. As part of this process, employee salaries are benchmarked versus comparability data and reviewed by the headmaster, chief financial officer, and finance committee chairperson of the board.”

Form 990, Part VI, Section C, Line 19

“Making documents available to the public: the organization's form 990 is available online at www.guidestar.org, where it is confirmed to be widely available. The organization's governing documents are available upon request for inspection at our primary business location during normal business hours. Copies of the above documents may also be provided, upon request, for a reasonable fee to defray copying and postage expense.”

Filing and Contact Details

Filer

Filer Name
ST DAVID'S SCHOOL
EIN
23-7241145
Phone
9197823240
Address
3400 WHITE OAK ROAD, RALEIGH, NC 27609

Signing Officer

Name
Miriam Leshnock
Title
Assistant Headmaster
Phone
9197823240
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Hillegass
Formed
1972
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
221
Volunteers
300

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Dawn O Whitt
Phone
9197878212
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized gain/(loss) on cash flow hedge 58,548.”

Form 990, Part XII, Line 2C

“The audit committee assumes responsibility for oversight of the audit.”

Financial Statement Notes

PART X, LINE 2:

“Income taxes: the school is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable state statutes, and accordingly, no income taxes have been provided for the school in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Unrealized gain on interest rate swap 58,548.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid included as a reduction of financial stmt tuition received 1,104,945.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid included as a reduction of financial stmt tuition received 1,104,945.”

Raw XML AppendixShowing 400 of 743 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/ActivityOrMissionDesc0PREPARE STUDENTS FOR COLLEGE & LIFE BY CHALLENGING THEM TO EXCEL IN FAITH, VIRTUE & KNOWLEDGE.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1240617
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt139175
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1444609
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1515642
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1617861
IRS990/Form990PartVIISectionAGrp/PersonNm0JOE KNOTT III
IRS990/Form990PartVIISectionAGrp/PersonNm1CLIFF BENSON III
IRS990/Form990PartVIISectionAGrp/PersonNm2NEAL COKER
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm4ANNE FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN LUCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm6DONNA MCCLATCHEY
IRS990/Form990PartVIISectionAGrp/PersonNm7VEN POOLE
IRS990/Form990PartVIISectionAGrp/PersonNm8JULE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9MIKE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm10PHIL YORK
IRS990/Form990PartVIISectionAGrp/PersonNm11DANA SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MIRIAM F LESHNOCK
IRS990/Form990PartVIISectionAGrp/PersonNm13RYAN MESSMORE
IRS990/Form990PartVIISectionAGrp/PersonNm14MATTHEW HILLEGASS
IRS990/Form990PartVIISectionAGrp/PersonNm15MARY A RAPER
IRS990/Form990PartVIISectionAGrp/PersonNm16JONATHAN YONAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12205888
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1380690
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14246798
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15139350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16132174
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASST HEADMASTER FINANCE/OP
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASST HEADMASTER ACADEMICS
IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16HEADMASTER (TO 6/30/2021)
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0146383
IRS990/FundraisingDirectExpensesAmt0115815
IRS990/FundraisingGrossIncomeAmt040638
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt01104945
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01104945
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01104945
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt017391221
IRS990/GrossRentsGrp/RealAmt028337
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt020417
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0102084
IRS990/InformationTechnologyGrp/ProgramServicesAmt0481836
IRS990/InformationTechnologyGrp/TotalAmt0604337
IRS990/InsuranceGrp/FundraisingAmt03185
IRS990/InsuranceGrp/ManagementAndGeneralAmt015926
IRS990/InsuranceGrp/ProgramServicesAmt075173
IRS990/InsuranceGrp/TotalAmt094284
IRS990/InterestGrp/FundraisingAmt09779
IRS990/InterestGrp/ManagementAndGeneralAmt058095
IRS990/InterestGrp/ProgramServicesAmt0230781
IRS990/InterestGrp/TotalAmt0298655
IRS990/InvestmentIncomeGrp/ExclusionAmt075
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt075
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016009290
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027716053
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026713511
IRS990/LandBldgEquipCostOrOtherBssAmt042722801
IRS990/LegalDomicileStateCd0NC
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ST. DAVID'S IS AN INDEPENDENT SCHOOL IN THE EPISCOPAL SCHOOL TRADITION THAT PREPARES YOUNG MEN AND WOMEN FOR COLLEGE AND LIFE BY CHALLENGING THEM TO EXCEL IN THE VITAL AREAS OF FAITH, VIRTUE AND KNOWLEDGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09604707
IRS990/NetAssetsOrFundBalancesEOYAmt09574536
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-75177
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-75177
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt028337
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt028337
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06904809
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07295535
IRS990/NoncashContributionsAmt077414
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09204
IRS990/OccupancyGrp/ManagementAndGeneralAmt046021
IRS990/OccupancyGrp/ProgramServicesAmt0217223
IRS990/OccupancyGrp/TotalAmt0272448
IRS990/OfficeExpensesGrp/FundraisingAmt01695
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021191
IRS990/OfficeExpensesGrp/ProgramServicesAmt029149
IRS990/OfficeExpensesGrp/TotalAmt052035
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0125802
IRS990/OtherAssetsTotalGrp/EOYAmt0203919
IRS990/OtherChangesInNetAssetsAmt058548
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt029522
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0140301
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0503629
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0673452
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2ATHLETIC EQUIPMENT, FEE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/FundraisingAmt025926
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0129632
IRS990/OtherExpensesGrp/ProgramServicesAmt0611862
IRS990/OtherExpensesGrp/ProgramServicesAmt1688199
IRS990/OtherExpensesGrp/ProgramServicesAmt2333496
IRS990/OtherExpensesGrp/ProgramServicesAmt3238362
IRS990/OtherExpensesGrp/TotalAmt0767420
IRS990/OtherExpensesGrp/TotalAmt1688199
IRS990/OtherExpensesGrp/TotalAmt2333496
IRS990/OtherExpensesGrp/TotalAmt3238362
IRS990/OtherLiabilitiesGrp/BOYAmt083925
IRS990/OtherLiabilitiesGrp/EOYAmt0109402
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0333074
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01582923
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06217970
IRS990/OtherSalariesAndWagesGrp/TotalAmt08133967
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt026987
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0128255
IRS990/PayrollTaxesGrp/ProgramServicesAmt0460388
IRS990/PayrollTaxesGrp/TotalAmt0615630
IRS990/PensionPlanContributionsGrp/FundraisingAmt020675
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt098256
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0352704
IRS990/PensionPlanContributionsGrp/TotalAmt0471635
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0566116
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0550595
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt077933
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0323581
IRS990/PrincipalOfficerNm0MATT HILLEGASS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1OTHER SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2ACADEMIC SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc3AFTER SCHOOL CARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014689102
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1365536
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2234000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt341600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014689102
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1365536
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2234000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt341600
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04313764
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01022925
IRS990/PYInvestmentIncomeAmt0533
IRS990/PYOtherExpensesAmt05766601
IRS990/PYOtherRevenueAmt0-47681
IRS990/PYProgramServiceRevenueAmt013254257
IRS990/PYRevenuesLessExpensesAmt0300294
IRS990/PYSalariesCompEmpBnftPaidAmt010431053
IRS990/PYTotalExpensesAmt017220579
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017520873
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-88719
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt028337
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,374,856
Liabilities
$22,800,320
Net assets
$9,574,536
Revenue
$17,275,406
Expenses
$17,364,125
Net income
-$88,719
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$22.7$7.22$18.6$19.6$1.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.5$22.1$8.32$17.1$18.4$1.35
2022Detailed filing. Detailed filing data is available for this year.$32.4$22.8$9.57$17.3$17.4$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$23.0$9.60$17.5$17.2$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$23.5$9.26$15.1$16.4$1.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.4$23.9$10.5$15.2$16.9$1.64
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.1$26.0$12.1$17.2$15.2$2.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.3$23.2$10.1$16.6$15.1$1.56
2016Detailed filing. Detailed filing data is available for this year.$30.5$22.1$8.40$13.3$13.2$0.05
2015Detailed filing. Detailed filing data is available for this year.$25.2$16.7$8.53$12.7$12.5$0.20
2014Detailed filing. Detailed filing data is available for this year.$24.8$16.3$8.51$12.5$12.3$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$16.7$8.11$11.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$16.1$8.25$11.0
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$17.1$8.05$10.8