Civic Intelligence

Saint James School

990 • Fiscal year 2021 • EIN 45-2353683

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 11, 2021

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

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.01x

Higher debt load relative to revenue than 8% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

88th percentile

54%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

47th percentile

$162,534

Higher top officer pay than 47% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

92nd percentile

60%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

19%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$12,988,459

Up $4,857,775 (+60%) from 2020

Net Assets

Up

$12,939,330

Up $5,418,638 (+72%) from 2020

Liabilities

Down

$49,129

Down $560,863 (-92%) from 2020

Revenue

Up

$8,507,344

Up $1,380,040 (+19%) from 2020

Expenses

Up

$3,876,966

Up $656,355 (+20%) from 2020

Net Income

Up

$4,630,378

Up $723,685 (+19%) from 2020

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

2021

Assets$12,988,459
Liabilities$49,129
Net Assets$12,939,330

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

2021

Revenue$8,507,344
Expenses$3,876,966
Net Income$4,630,378
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$8,507,344
Mission and Program Overview

Mission

Saint james school is a faith-based middle school

St. James school is a faith-based philadelphia middle school in the episcopal tradition, committed to to educating students from an under-resourced neighborhood within 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$3,927,560$7,720,409▲ $3,792,849
Investments in Publicly Traded Securities$2,826,861$3,597,658▲ $770,797
Land, Buildings, and Equipment, Net$903,507$1,152,432▲ $248,925
Cash and Non-Interest-Bearing Accounts$342,959$279,736▼ $63,223
Accounts Receivable$129,797$238,224▲ $108,427
Total Assets$8,130,684$12,988,459▲ $4,857,775
Liabilities
Unsecured Notes Loans Payable$534,348$0▼ $534,348
Accounts Payable and Accrued Expenses$75,644$49,129▼ $26,515
Other Liabilities$0$0→ $0
Total Liabilities$609,992$49,129▼ $560,863
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,829,181$11,729,694▲ $4,900,513
Net Assets With Donor Restrictions$691,511$1,209,636▲ $518,125
Total Net Assets Fund Balance$7,520,692$12,939,330▲ $5,418,638
Total Liabilities and Net Assets / Fund Balance$8,130,684$12,988,459▲ $4,857,775

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$840,843$150,047$990,890
Other Land Buildings$274,365-$274,365
Equipment$37,224$105,040$142,264
Land$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$2,912,532$2,231,428--$5,143,960
2019$1,604,663$1,307,869--$2,912,532
2018$0$1,604,663--$1,604,663
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David McdonoughAsst. Head of School/principalFT$158,048$4,486$162,534
David Mcdonough--$158,048$4,486$162,534
David KasievichHead of SchoolFT$126,868$16,152$143,020

Board Members and Trustees

NameTitle
Rev W Frank AllenPresident
Margaret B WallisVice Chair
Adrienne SimpsonBoard Member
Audrey E Evans MdBoard Member
Chiduzie C Madubata Md FaccBoard Member
Corinna Cd Franklin MdBoard Member
Dana E BrownBoard Member
Dana W ToedtmanBoard Member
Kathryn L MianiBoard Member
Peter J Zuleba IiiBoard Member
Rev Justin M MacintoshBoard Member
Rev Sean E MullenBoard Member
Rey N Ramirez MdBoard Member
Shenia R ReddyBoard Member
Susan D LastowskiBoard Member
William J MignucciBoard Member
Todd WhitlowSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$8,334,988
Program Service Revenue
$143,609
Investment Income
$12,651
Other Revenue
$16,096
All Other Contributions
$8,334,988
Change in Net Assets
$4,630,378

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 Traded5$1,063,730Fair Value When Sold
Total Noncash Contributions5$1,063,730-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,507,344
Revenue Not Reported on Form 990
$788,260
Total Revenue per Audited Statements
$9,295,604
Total Revenue per Form 990
$8,507,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,445,026
Other Expenses$1,431,940
Total Fundraising Expense$584,613
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$986,339$355,729$274,881$1,616,949
Occupancy$405,070$62,857$48,571$516,498
Other Employee Benefits$239,012$86,201$66,610$391,823
Current Officers, Directors, Trustees, and Key Employees$179,609$64,777$50,055$294,441
All Other Expenses$39,179$77,480$28,776$145,435
Payroll Taxes$86,506$31,199$24,108$141,813
Office Expenses$0$10,838$62,806$73,644
Other Expenses$62,380$0$0$62,380
Advertising$28,806$0$28,806$57,612
Depreciation Depletion$37,180$0$0$37,180
Fees for Services Accounting$0$29,765$0$29,765
Travel$0$4,827$0$4,827
Total Functional Expenses$2,568,680$723,673$584,613$3,876,966

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,876,966
Total Expenses per Audited Statements$3,876,966
Total Expenses per Form 990$3,876,966
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,096
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Virtual Scholarship Benefit$16,096$16,096-$16,096
Total Events$16,096$16,096-$16,096
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$0
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
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kasievich
Formed
2010
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
17
Employees
50
Volunteers
400

Preparer

Firm
Ruotolo Spewak & Co
Address
101 CHESTNUT AVE, MOUNT LAUREL, NJ 08054
Preparer
Dustin B Ward CPA Mba
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.

Pt VI, Line 4

The organization updated their bylaws during the year ended june 30, 2021.

Pt VI, Line 2

Two members of the organization's board of directors are married.

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, 2021.

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IRS990/Desc0THE MISSION OF ST. JAMES SCHOOL IS TO INCREASE EDUCATIONAL EQUITY WITHIN THE ALLEGHENY WEST NEIGHBORHOOD OF NORTH PHILADELPHIA. WE USE A WHOLE-CHILD, FAITH-BASED, HIGH- QUALITY, TUITION FREE APPROACH THAT PREPARES STUDENTS FOR LIFELONG SUCCESS AND STRENGTHENS THE COMMUNITIES TO WHICH THEY BELONG. WE ADMIT CHILDREN OF DIVERSE FAITHS, RACES, CULTURES, AND COGNITIVE PROFILES, BELIEVING IN THE EPISCOPAL TRADITION THAT WE FIND GOD IN AND THROUGH EACH OTHER. IN CLOSE PARTNERSHIP WITH FAMILIES AND COMMUNITY PARTNERS, WE ARE AN INNOVATIVE LEARNING COMMUNITY. WE OFFER STRUCTURED SUPPORT TO ENABLE CHILDREN TO DISCOVER AND DEVELOP THEIR ACADEMIC, PHYSICAL, SPIRITUAL AND CREATIVE GIFTS. ST. JAMES SCHOOL IS MUCH MORE THAN A SCHOOL. WE ARE ROOTED IN OUR COMMUNITY AND SERVE OUR NEIGHBORHOOD SO THAT OUR STUDENTS, GRADUATES, AND FAMILIES CAN BE LIFTED OUT OF POVERTY. OUR CAMPUS FUNCTIONS AS A LOCAL HUB FOR RESOURCES AND SUPPORTIVE SERVICES, AND WE WORK TO MEET NEIGHBORHOOD NEEDS AND CONCERNS. IN FEBRUARY OF 2019, WE ADDED A NEW FACILITY TO OUR CAMPUS TO BETTER SUPPORT THE BROADER COMMUNITY BEYOND OUR SCHOOL, CALLED "THE WELCOME TABLE." AS AN ON-SITE COMMUNITY RESOURCE CENTER, WE PROVIDE FOOD, CLOTHING, PRO-BONO LEGAL AID, HOME REPAIR ASSISTANCE, COUNSELING, ADULT EDUCATION AND OTHER SERVICES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
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IRS990/MissionDesc0THE MISSION OF ST. JAMES SCHOOL IS TO INCREASE EDUCATIONAL EQUITY WITHIN THE ALLEGHENY WEST NEIGHBORHOOD OF NORTH PHILADELPHIA. WE USE A WHOLE-CHILD, FAITH-BASED, HIGH- QUALITY, TUITION FREE APPROACH THAT PREPARES STUDENTS FOR LIFELONG SUCCESS AND STRENGTHENS THE COMMUNITIES TO WHICH THEY BELONG. WE ADMIT CHILDREN OF DIVERSE FAITHS, RACES, CULTURES, AND COGNITIVE PROFILES, BELIEVING IN THE EPISCOPAL TRADITION THAT WE FIND GOD IN AND THROUGH EACH OTHER. IN CLOSE PARTNERSHIP WITH FAMILIES AND COMMUNITY PARTNERS, WE ARE AN INNOVATIVE LEARNING COMMUNITY. WE OFFER STRUCTURED SUPPORT TO ENABLE CHILDREN TO DISCOVER AND DEVELOP THEIR ACADEMIC, PHYSICAL, SPIRITUAL AND CREATIVE GIFTS. ST. JAMES SCHOOL IS MUCH MORE THAN A SCHOOL. WE ARE ROOTED IN OUR COMMUNITY AND SERVE OUR NEIGHBORHOOD SO THAT OUR STUDENTS, GRADUATES, AND FAMILIES CAN BE LIFTED OUT OF POVERTY. OUR CAMPUS FUNCTIONS AS A LOCAL HUB FOR RESOURCES AND SUPPORTIVE SERVICES, AND WE WORK TO MEET NEIGHBORHOOD NEEDS AND CONCERNS. IN FEBRUA
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$20.7$0.16$20.5$9.68$4.72$4.96
2022Summary only. Only limited summary data is available for this year.$15.8$0.64$15.2$7.17$4.45$2.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.05$12.9$8.51$3.88$4.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.13$0.61$7.52$7.13$3.22$3.91
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.06$3.72$4.56$2.96$1.60
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.07$2.10$3.11$2.54$0.57
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.04$1.52$2.41$2.22$0.19
2016Summary only. Only limited summary data is available for this year.$1.36$0.03$1.33$1.95$2.01$0.07
2015Summary only. Only limited summary data is available for this year.$1.43$0.03$1.40$2.22$1.66$0.56
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.03$0.84$1.45$1.06$0.39
2013Summary only. Only limited summary data is available for this year.$0.49$0.04$0.45$0.87$0.73$0.14
2012Summary only. Only limited summary data is available for this year.$0.31$0.01$0.31$0.56$0.47$0.09