Civic Intelligence

Saint James School

990 • Fiscal year 2019 • EIN 45-2353683

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 08, 2019

Refreshing map…

3217 W Clearfield StreetPhiladelphia, PA 19132

(215) 226-1276

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

25th percentile

0.01x

Higher debt load relative to revenue than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$156,728

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

94th percentile

74%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

87th percentile

46%

Faster revenue growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,779,209

Up $1,609,908 (+74%) from 2018

Net Assets

Up

$3,716,449

Up $1,617,281 (+77%) from 2018

Liabilities

Down

$62,760

Down $7,373 (-11%) from 2018

Revenue

Up

$4,562,508

Up $1,448,008 (+46%) from 2018

Expenses

Up

$2,960,032

Up $419,779 (+17%) from 2018

Net Income

Up

$1,602,476

Up $1,028,229 (+179%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $312,636Liabilities 2012: $5,300Net Assets 2012: $307,3362012Assets 2013: $487,891Liabilities 2013: $39,098Net Assets 2013: $448,7932013Assets 2014: $864,641Liabilities 2014: $25,409Net Assets 2014: $839,2322014Assets 2015: $1,429,016Liabilities 2015: $29,897Net Assets 2015: $1,399,1192015Assets 2016: $1,362,090Liabilities 2016: $31,752Net Assets 2016: $1,330,3382016Assets 2017: $1,559,269Liabilities 2017: $36,559Net Assets 2017: $1,522,7102017Assets 2018: $2,169,301Liabilities 2018: $70,133Net Assets 2018: $2,099,1682018Assets 2019: $3,779,209Liabilities 2019: $62,760Net Assets 2019: $3,716,4492019Assets 2020: $8,130,684Liabilities 2020: $609,992Net Assets 2020: $7,520,6922020Assets 2021: $12,988,459Liabilities 2021: $49,129Net Assets 2021: $12,939,3302021Assets 2022: $15,842,401Liabilities 2022: $635,325Net Assets 2022: $15,207,0762022Assets 2023: $20,705,571Liabilities 2023: $163,965Net Assets 2023: $20,541,6062023

Highlighted filing

2019

Assets$3,779,209
Liabilities$62,760
Net Assets$3,716,449

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $560,900Expenses 2012: $472,269Net Income 2012: $88,6312012Revenue 2013: $871,991Expenses 2013: $730,534Net Income 2013: $141,4572013Revenue 2014: $1,453,985Expenses 2014: $1,063,546Net Income 2014: $390,4392014Revenue 2015: $2,217,391Expenses 2015: $1,657,504Net Income 2015: $559,8872015Revenue 2016: $1,945,853Expenses 2016: $2,014,634Net Income 2016: -$68,7812016Revenue 2017: $2,413,409Expenses 2017: $2,221,037Net Income 2017: $192,3722017Revenue 2018: $3,114,500Expenses 2018: $2,540,253Net Income 2018: $574,2472018Revenue 2019: $4,562,508Expenses 2019: $2,960,032Net Income 2019: $1,602,4762019Revenue 2020: $7,127,304Expenses 2020: $3,220,611Net Income 2020: $3,906,6932020Revenue 2021: $8,507,344Expenses 2021: $3,876,966Net Income 2021: $4,630,3782021Revenue 2022: $7,166,201Expenses 2022: $4,446,616Net Income 2022: $2,719,5852022Revenue 2023: $9,684,078Expenses 2023: $4,720,407Net Income 2023: $4,963,6712023

Highlighted filing

2019

Revenue$4,562,508
Expenses$2,960,032
Net Income$1,602,476
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$4,598,566
Mission and Program Overview

Mission

Saint james school is a faith-based middle school

Saint james school is a faith-based middle school in the episcopal tradition, committed to educating traditionally underserved students in a nurturing environment. The school is a community that provides a challenging academic program and encourages the development of the moral, spiritual, intellectual, physical and creative gifts in its students

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$951,872$1,616,125▲ $664,253
Investments in Publicly Traded Securities$20,346$1,041,246▲ $1,020,900
Land, Buildings, and Equipment, Net$744,488$804,493▲ $60,005
Cash and Non-Interest-Bearing Accounts$420,034$269,457▼ $150,577
Accounts Receivable$32,561$47,888▲ $15,327
Total Assets$2,169,301$3,779,209▲ $1,609,908
Liabilities
Accounts Payable and Accrued Expenses$70,133$62,760▼ $7,373
Other Liabilities$0$0→ $0
Total Liabilities$70,133$62,760▼ $7,373
Net Assets / Fund Balance
Unrestricted Net Assets$1,734,984$3,408,635▲ $1,673,651
Temporarily Rstr Net Assets$364,184$307,814▼ $56,370
Total Net Assets Fund Balance$2,099,168$3,716,449▲ $1,617,281
Total Liabilities and Net Assets / Fund Balance$2,169,301$3,779,209▲ $1,609,908

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$785,452$92,591$878,043
Equipment$19,041$90,508$109,549
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David McdonoughAsst. Head of School/principalFT$139,695$17,033$156,728
David KasievichHead of SchoolFT$111,650$13,820$125,470

Board Members and Trustees

NameTitle
Rev Sean MullenPresident
Gordon B Fowler JrVice Chair
Adrienne SimpsonBoard Member
Chiduzie MadubataBoard Member
Dana E BrownBoard Member
Gregory P MontanaroBoard Member
Margaret B WallisBoard Member
Rev W Frank AllenBoard Member
Shenia ReddyBoard Member
Steven W RossBoard Member
Susan D LastowskiBoard Member
Todd WhitlowBoard Member
William J Mignucci JrBoard Member
Dana W ToedtmanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,005,061
Program Service Revenue
$191,007
Investment Income
$32,600
Other Revenue
$333,840
All Other Contributions
$4,005,061
Change in Net Assets
$1,602,476

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 Traded7$559,543Fair Value When Sold
Total Noncash Contributions7$559,543-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,562,508
Revenue Not Reported on Form 990
$14,805
Total Revenue per Audited Statements
$4,577,313
Total Revenue per Form 990
$4,562,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,894,270
Other Expenses$1,065,762
Total Fundraising Expense$491,653
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$828,506$298,805$230,895$1,358,206
Other Employee Benefits$188,271$67,901$52,469$308,641
Occupancy$185,728$31,229$24,133$241,090
All Other Expenses$52,243$45,154$53,122$150,519
Current Officers, Directors, Trustees, and Key Employees$71,980$25,960$20,060$118,000
Payroll Taxes$66,748$24,073$18,602$109,423
Other Expenses$73,365$0$0$73,365
Office Expenses$0$10,804$60,393$71,197
Advertising$31,979$0$31,979$63,958
Depreciation Depletion$42,442$0$0$42,442
Fees for Services Accounting$0$19,358$0$19,358
Travel$0$1,754$0$1,754
Total Functional Expenses$1,943,341$525,038$491,653$2,960,032

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,960,032
Total Expenses per Audited Statements$2,960,032
Total Expenses per Form 990$2,960,032
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$369,898
Fundraising Direct Expenses$36,058
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship Benefit$290,348$290,348-$290,348
Christmas Event$59,220$59,220-$59,220
Total Events$369,898$369,898$36,058$333,840
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Saint James School
EIN
45-2353683
Phone
2152261276
Address
3217 W CLEARFIELD STREET, PHILADELPHIA, PA 19132
Doing Business As
Church of Saint James the Less

Signing Officer

Name
David Kasievich
Title
Head of School
Phone
2152261276
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kasievich
Formed
2010
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
14
Employees
36
Volunteers
600

Preparer

Firm
Ruotolo Spewak & Co
Address
101 CHESTNUT AVE, MOUNT LAUREL, NJ 08054-9405
Preparer
Daniel J Ruotolo CPA Ms
Phone
8562731282
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

The compensation of key employees is approved by the board.

Pt VI, Line 11B

The organization's board of directors and head of shcool review the 990 together to verify the amounts reported agree with the organization's audited financial statements for the year and all questions are answered accurately.

Pt VI, Line 15A

The head of school's compensation is approved by the board.

Pt VI, Line 12C

The board completes an annual questionniare.

Pt VI, Line 19

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

Financial Statement Notes

Pt X, Line 2

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Accordingly, no provision for income taxes is provided. The organization has reviewed tax positions taken in filings with federal and state jurisdictions and believes those positions would be sustained should the filings be examined by the relevant taxing authority. For federal income tax purposes, the returns remain open for possible examination three years after they are filed. The organization's policy is to recognize interest and penalties on unrecognized tax benefits in other expense in the statement of activities. No interest and penalties were recorded during the year ended june 30, 2019.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST. HEAD OF SCHOOL/PRINCIPAL
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IRS990/MissionDesc0SAINT JAMES SCHOOL IS A FAITH-BASED MIDDLE SCHOOL IN THE EPISCOPAL TRADITION, COMMITTED TO EDUCATING TRADITIONALLY UNDERSERVED STUDENTS IN A NURTURING ENVIRONMENT. THE SCHOOL IS A COMMUNITY THAT PROVIDES A CHALLENGING ACADEMIC PROGRAM AND ENCOURAGES THE DEVELOPMENT OF THE MORAL, SPIRITUAL, INTELLECTUAL, PHYSICAL AND CREATIVE GIFTS IN ITS STUDENTS
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IRS990/OfficeExpensesGrp/FundraisingAmt060393
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc2SCHOOL EXPENSES
IRS990/OtherExpensesGrp/Desc3DINING ROOM FOOD
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IRS990/PrincipalOfficerNm0DAVID KASIEVICH
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IRS990ScheduleD/EquipmentGrp/BookValueAmt019041
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090508
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED. THE ORGANIZATION HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL PRINT MEDIA PERTAINING TO THE SOLICITATION OF STUDENTS. THE RACIALLY NONDISCRIMINATORY POLICY HAS BEEN POSTED TO THE WEBSITE. THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL PRINT MEDIA PERTAINING TO THE SOLICITATION OF STUDENTS. THE RACIALLY NONDISCRIMINATORY POLICY HAS BEEN POSTED TO THE WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION OF FINANCIAL AID/ASSISTANCE RECEIVED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b

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