Civic Intelligence

St David'S School

990 • Fiscal year 2023 • EIN 23-7241145

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

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

69th percentile

0.73x

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

2023 filings • NTEE B • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

1.30x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • NTEE B • $25M-$50M nonprofits • Source year 2023

Net Margin

22nd percentile

-7.9%

Higher net margin than 22% of similar nonprofits.

2023 filings • NTEE B • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$318,857

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2023 filings • NTEE B • $25M-$50M nonprofits • Source year 2023

Asset Growth

10th percentile

-5.9%

Faster asset growth than 10% of similar nonprofits.

2023 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-1.2%

Faster revenue growth than 36% of similar nonprofits.

2023 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$30,450,392

Down $1,924,464 (-5.9%) from 2022

Net Assets

Down

$8,319,543

Down $1,254,993 (-13%) from 2022

Liabilities

Down

$22,130,849

Down $669,471 (-2.9%) from 2022

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin22nd percentile

Revenue

Down

$17,065,655

Down $209,751 (-1.2%) from 2022

Expenses

Up

$18,415,112

Up $1,050,987 (+6.1%) from 2022

Net Income

Down

-$1,349,457

Down $1,260,738 (-1421%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth10th 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

2023

Assets$30,450,392
Liabilities$22,130,849
Net Assets$8,319,543
Open 2023 Filing

Operations Trend

Revenue Growth36th 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

2023

Revenue$17,065,655
Expenses$18,415,112
Net Income-$1,349,457
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$17,211,030
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$26,713,511$25,894,141▼ $819,370
Cash and Non-Interest-Bearing Accounts$4,543,002$3,710,031▼ $832,971
Pledges and Grants Receivable$550,595$164,217▼ $386,378
Prepaid Expenses and Deferred Charges$323,581$103,729▼ $219,852
Accounts Receivable$40,248$81,171▲ $40,923
Total Assets$32,374,856$30,450,392▼ $1,924,464
Other Assets Total$203,919$497,103▲ $293,184
Liabilities
Tax Exempt Bond Liabilities$16,077,736$15,491,429▼ $586,307
Deferred Revenue$6,489,687$6,266,750▼ $222,937
Other Liabilities$109,402$242,214▲ $132,812
Accounts Payable and Accrued Expenses$123,495$130,456▲ $6,961
Total Liabilities$22,800,320$22,130,849▼ $669,471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,295,535$6,795,021▼ $500,514
Net Assets With Donor Restrictions$2,279,001$1,524,522▼ $754,479
Total Net Assets Fund Balance$9,574,536$8,319,543▼ $1,254,993
Total Liabilities and Net Assets / Fund Balance$32,374,856$30,450,392▼ $1,924,464

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,485,258$14,315,724$37,800,982
Equipment$668,630$2,097,867$2,766,497
Land$1,470,793-$1,470,793
Other Land Buildings$269,460$1,003,984$1,273,444
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew HillegassHead of SchoolFT$224,655$94,634$319,289
Miriam F LeshnockAsst Headmaster Finance/opFT$211,269$44,758$256,027
Mary a RaperDirector of AdvancementFT$141,364$37,572$178,936
Ricardo VieraAthlectic DirectorFT$104,984$69,119$174,103

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 LLCLandscaping/field MaintenancePO BOX 17967, Raleigh, NC 27619$166,105
Revenue and Support

Revenue Composition

Contributions and Grants
$1,777,093
Program Service Revenue
$15,336,057
Investment Income
$8,450
Other Revenue
$-55,945
All Other Contributions
$1,618,770
Change in Net Assets
$-1,349,457

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 Table2$111,701Fair Market Value
Other Non Cash Contri Table45$64,268Fair Market Value
Other Non Cash Contri Table1$31,355Fair Market Value
Other Non Cash Contri Table2$4,773Fair Market Value
Other Non Cash Contri Table2$2,682Fair Market Value
Total Noncash Contributions52$214,779-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,945,455
Revenue Not Reported on Financial Statements
$1,120,200
Revenue Not Reported on Form 990
$108,407
Other Revenue Adjustments
$1,120,200
Total Revenue per Audited Statements
$16,053,862
Total Revenue per Form 990
$17,065,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,811,964
Other Expenses$6,482,948
Grants and Similar Amounts Paid$1,120,200
Total Fundraising Expense$554,461
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,386,070$1,597,241$306,887$8,290,198
Depreciation Depletion$1,197,121$198,586$42,376$1,438,083
Grants to Domestic Individuals$1,120,200--$1,120,200
All Other Expenses$589,941$277,100$14,018$881,059
Current Officers, Directors, Trustees, and Key Employees$599,988$163,373$31,389$794,750
Interest$598,850$127,079$21,198$747,127
Other Employee Benefits$494,516$134,653$25,872$655,041
Payroll Taxes$486,674$132,518$25,461$644,653
Information Technology$393,499$80,093$13,929$487,521
Pension Plan Contributions$322,602$87,842$16,878$427,322
Occupancy$232,658$47,355$8,236$288,249
Advertising$233,723$2,337$25,421$261,481
Other Expenses$210,760$0$0$210,760
Insurance$73,884$15,039$2,615$91,538
Conferences and Meetings$59,042$5,544$135$64,721
Office Expenses$48,498$13,899$698$63,095
Fees for Services Legal-$49,628-$49,628
Fees for Services Accounting-$40,400-$40,400
Fees for Service Investment Mgmnt Fees-$15,222-$15,222
Fees for Services Other-$4,178-$4,178
Total Functional Expenses$14,757,312$3,103,339$554,461$18,415,112

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,415,112
Total Expenses per Audited Statements$17,308,855
Expenses per Audited Statements$17,294,912
Expenses Not Reported on Financial Statements$1,120,200
Other Expense Adjustments$1,120,200
Expenses Not Reported on Form 990$13,943
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$145,375
Fundraising Gross Income$76,565
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Social$234,888$76,565$83,002$-6,437
Total Events$234,888$76,565$145,375$-68,810
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/recycling ServicesNo$37,073
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$151,140
Finance Lease Liability$91,074

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$2,930,000$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
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
2024-05-15
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
227
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 94,464.”

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 94,464.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid included as a reduction of financial stmt tuition received 1,120,200.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid included as a reduction of financial stmt tuition received 1,120,200.”

Raw XML AppendixShowing 400 of 756 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/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1242822
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1387170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1467526
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1535867
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/PersonNm13MATTHEW HILLEGASS
IRS990/Form990PartVIISectionAGrp/PersonNm14RICARDO VIERA
IRS990/Form990PartVIISectionAGrp/PersonNm15MARY A RAPER
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/ReportableCompFromOrgAmt12213057
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13231687
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14106435
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15142922
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/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/TitleTxt13HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt14ATHLECTIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF ADVANCEMENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0158323
IRS990/FundraisingDirectExpensesAmt0145375
IRS990/FundraisingGrossIncomeAmt076565
IRS990/GainOrLossGrp/SecuritiesAmt0182
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt01120200
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01120200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01120200
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0182
IRS990/GrossReceiptsAmt017211030
IRS990/GrossRentsGrp/RealAmt012865
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt013929
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt080093
IRS990/InformationTechnologyGrp/ProgramServicesAmt0393499
IRS990/InformationTechnologyGrp/TotalAmt0487521
IRS990/InsuranceGrp/FundraisingAmt02615
IRS990/InsuranceGrp/ManagementAndGeneralAmt015039
IRS990/InsuranceGrp/ProgramServicesAmt073884
IRS990/InsuranceGrp/TotalAmt091538
IRS990/InterestGrp/FundraisingAmt021198
IRS990/InterestGrp/ManagementAndGeneralAmt0127079
IRS990/InterestGrp/ProgramServicesAmt0598850
IRS990/InterestGrp/TotalAmt0747127
IRS990/InvestmentIncomeGrp/ExclusionAmt08268
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08268
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017417575
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026713511
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025894141
IRS990/LandBldgEquipCostOrOtherBssAmt043311716
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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/NetAssetsOrFundBalancesBOYAmt09574536
IRS990/NetAssetsOrFundBalancesEOYAmt08319543
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0182
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0182
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-68810
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-68810
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt012865
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt012865
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07295535
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06795021
IRS990/NoncashContributionsAmt0214779
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt08236
IRS990/OccupancyGrp/ManagementAndGeneralAmt047355
IRS990/OccupancyGrp/ProgramServicesAmt0232658
IRS990/OccupancyGrp/TotalAmt0288249
IRS990/OfficeExpensesGrp/FundraisingAmt0698
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013899
IRS990/OfficeExpensesGrp/ProgramServicesAmt048498
IRS990/OfficeExpensesGrp/TotalAmt063095
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0203919
IRS990/OtherAssetsTotalGrp/EOYAmt0497103
IRS990/OtherChangesInNetAssetsAmt094464
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt025872
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0134653
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0494516
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0655041
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ATHLETIC EQUIPMENT, FEE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt119348
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1111252
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0815321
IRS990/OtherExpensesGrp/ProgramServicesAmt1546584
IRS990/OtherExpensesGrp/ProgramServicesAmt2347381
IRS990/OtherExpensesGrp/ProgramServicesAmt3210760
IRS990/OtherExpensesGrp/TotalAmt0815321
IRS990/OtherExpensesGrp/TotalAmt1677184
IRS990/OtherExpensesGrp/TotalAmt2347381
IRS990/OtherExpensesGrp/TotalAmt3210760
IRS990/OtherLiabilitiesGrp/BOYAmt0109402
IRS990/OtherLiabilitiesGrp/EOYAmt0242214
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0306887
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01597241
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06386070
IRS990/OtherSalariesAndWagesGrp/TotalAmt08290198
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt025461
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0132518
IRS990/PayrollTaxesGrp/ProgramServicesAmt0486674
IRS990/PayrollTaxesGrp/TotalAmt0644653
IRS990/PensionPlanContributionsGrp/FundraisingAmt016878
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt087842
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0322602
IRS990/PensionPlanContributionsGrp/TotalAmt0427322
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0550595
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0164217
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0323581
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0103729
IRS990/PrincipalOfficerNm0MATT HILLEGASS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1OTHER SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2ACADEMIC SUPPORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014701271
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1331441
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2303345
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014701271
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1331441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2303345
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01991933
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01104945
IRS990/PYInvestmentIncomeAmt075
IRS990/PYOtherExpensesAmt05693881
IRS990/PYOtherRevenueAmt0-46840
IRS990/PYProgramServiceRevenueAmt015330238
IRS990/PYRevenuesLessExpensesAmt0-88719
IRS990/PYSalariesCompEmpBnftPaidAmt010565299
IRS990/PYTotalExpensesAmt017364125
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017275406
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1349457
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt012865
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,450,392
Liabilities
$22,130,849
Net assets
$8,319,543
Revenue
$17,065,655
Expenses
$18,415,112
Net income
-$1,349,457
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
2023Detailed filing. Detailed filing data is available for this year.$30.5$22.1$8.32$17.1$18.4$1.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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