Civic Intelligence

The Grayson School

990 • Fiscal year 2021 • EIN 45-5604824

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

Organization ProfileTHEGRAYSONSCHOOL.ORG
211 Matsonford RdRadnor, PA 19087

(484) 428-3241

Siviq Scores

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

Liabilities / Assets

87th percentile

0.74x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.30x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

37th percentile

5.9%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

63rd percentile

$149,920

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

45th percentile

7.5%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

66th percentile

27%

Faster revenue growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$2,242,711

Up $156,900 (+7.5%) from 2020

Net Assets

Up

$577,873

Up $326,059 (+129%) from 2020

Liabilities

Down

$1,664,838

Down $169,159 (-9.2%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin37th percentile

Revenue

Up

$5,527,978

Up $1,168,160 (+27%) from 2020

Expenses

Up

$5,201,919

Up $1,235,473 (+31%) from 2020

Net Income

Down

$326,059

Down $67,313 (-17%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2016: $249,338Liabilities 2016: $91,150Net Assets 2016: $158,1882016Assets 2017: $203,584Liabilities 2017: $115,253Net Assets 2017: $88,3312017Assets 2018: $271,603Liabilities 2018: $201,442Net Assets 2018: $70,1612018Assets 2019: $503,572Liabilities 2019: $645,130Net Assets 2019: -$141,5582019Assets 2020: $2,085,811Liabilities 2020: $1,833,997Net Assets 2020: $251,8142020Assets 2021: $2,242,711Liabilities 2021: $1,664,838Net Assets 2021: $577,8732021Assets 2022: $3,543,812Liabilities 2022: $1,790,135Net Assets 2022: $1,753,6772022Assets 2023: $4,519,177Liabilities 2023: $2,711,535Net Assets 2023: $1,807,6422023Assets 2024: $4,869,743Liabilities 2024: $3,755,970Net Assets 2024: $1,113,7732024Assets 2025: $4,510,911Liabilities 2025: $3,727,578Net Assets 2025: $783,3332025

Highlighted filing

2021

Assets$2,242,711
Liabilities$1,664,838
Net Assets$577,873
Open 2021 Filing

Operations Trend

Revenue Growth66th percentile

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

$10M$5.0M$0-$5.0MRevenue 2016: $496,357Expenses 2016: $360,906Net Income 2016: $135,4512016Revenue 2017: $1,013,195Expenses 2017: $1,083,052Net Income 2017: -$69,8572017Revenue 2018: $1,809,200Expenses 2018: $1,827,370Net Income 2018: -$18,1702018Revenue 2019: $2,596,290Expenses 2019: $2,809,581Net Income 2019: -$213,2912019Revenue 2020: $4,359,818Expenses 2020: $3,966,446Net Income 2020: $393,3722020Revenue 2021: $5,527,978Expenses 2021: $5,201,919Net Income 2021: $326,0592021Revenue 2022: $7,354,694Expenses 2022: $6,179,555Net Income 2022: $1,175,1392022Revenue 2023: $8,078,191Expenses 2023: $8,022,406Net Income 2023: $55,7852023Revenue 2024: $8,473,363Expenses 2024: $9,179,908Net Income 2024: -$706,5452024Revenue 2025: $8,454,246Expenses 2025: $8,783,065Net Income 2025: -$328,8192025

Highlighted filing

2021

Revenue$5,527,978
Expenses$5,201,919
Net Income$326,059
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.0
Gross Receipts
$5,544,831
Mission and Program Overview

Mission

The grayson school provides gifted children a challenging, research-based education worthy of their intellect and their intrinsic desire to learn and think deeply. We serve as a valued resource for the gifted education community in philadelphia and nationwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$511,103$1,196,077▲ $684,974
Land, Buildings, and Equipment, Net$512,534$384,400▼ $128,134
Prepaid Expenses and Deferred Charges$51,546$136,010▲ $84,464
Accounts Receivable$99,791$73,957▼ $25,834
Pledges and Grants Receivable$72,837$59,773▼ $13,064
Investments in Publicly Traded Securities-$5,601-
Total Assets$2,085,811$2,242,711▲ $156,900
Other Assets Total$838,000$386,893▼ $451,107
Liabilities
Deferred Revenue$609,165$866,298▲ $257,133
Accounts Payable and Accrued Expenses$291,512$338,599▲ $47,087
Mortgage Notes Payable Secured by Investment Property$387,240$307,842▼ $79,398
Unsecured Notes Loans Payable$546,080$152,099▼ $393,981
Total Liabilities$1,833,997$1,664,838▼ $169,159
Net Assets / Fund Balance
Net Assets With Donor Restrictions$779,919$689,152▼ $90,767
Net Assets Without Donor Restrictions$-528,105$-111,279▲ $416,826
Total Net Assets Fund Balance$251,814$577,873▲ $326,059
Total Liabilities and Net Assets / Fund Balance$2,085,811$2,242,711▲ $156,900

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$367,250$244,832$612,082
Equipment$17,150$13,436$30,586
Other Assets Org$386,893--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa BilashHead of SchoFT$141,867$8,053$149,920

Board Members and Trustees

NameTitle
Sam GreenblattChairman
Albert B Murphy IiiTrustee
Barbara HafnerTrustee
Jeff Levinson MbaTrustee
Jennifer Nance JdTrustee
Jill Dougherty MedTrustee
Joseph S SunTrustee
Liad PermockTrustee
Nita SeelingerTrustee
Suzanne CiongoliTrustee
Tiffani HurstTrustee
Karen NoonanTreasurer/se
Revenue and Support

Revenue Composition

Contributions and Grants
$1,035,620
Program Service Revenue
$4,073,705
Investment Income
$427
Other Revenue
$418,226
All Other Contributions
$861,353
Change in Net Assets
$326,059

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,435,482
Revenue Not Reported on Financial Statements
$1,092,496
Revenue Not Reported on Form 990
$10,000
Other Revenue Adjustments
$1,092,496
Total Revenue per Audited Statements
$4,445,482
Total Revenue per Form 990
$5,527,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,807,669
Other Expenses$1,301,754
Grants and Similar Amounts Paid$1,092,496
Total Fundraising Expense$102,613
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,051,462$109,676$64,813$2,225,951
Grants to Domestic Individuals$1,092,496--$1,092,496
Occupancy$384,052$48,914$1,826$434,792
Other Employee Benefits$217,306$19,058$11,522$247,886
Payroll Taxes$159,937$11,527$6,090$177,554
Current Officers, Directors, Trustees, and Key Employees$93,766$46,884$15,628$156,278
Depreciation Depletion$113,181$14,415$538$128,134
Office Expenses$78,464$32,625$81$111,170
All Other Expenses$51,527$57,220$312$109,059
Fees for Services Accounting-$42,500-$42,500
Insurance$32,206$2,318$1,198$35,722
Other Expenses$640$27,096$510$27,736
Interest$20,040$2,552$95$22,687
Fees for Services Other-$18,558-$18,558
Information Technology$1,760$15,418-$17,178
Advertising-$14,280-$14,280
Travel-$10,847-$10,847
Fees for Services Legal-$4,636-$4,636
Total Functional Expenses$4,607,121$492,185$102,613$5,201,919

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,201,919
Total Expenses per Audited Statements$4,119,423
Expenses per Audited Statements$4,109,423
Expenses Not Reported on Financial Statements$1,092,496
Other Expense Adjustments$1,092,496
Expenses Not Reported on Form 990$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,198
Fundraising Direct Expenses$16,853
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
GROW^2$194,947$20,680$8,821$11,859
Total Events$194,947$20,680$8,821$11,859
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
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

“The 990 is sent out electronically to the board for approval before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“The organization annually monitors compliance with its written conflict of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“The executive director's salary is approved by the executive committee of the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“The board reviews and approves compensation to any other officers or key employees.”

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
The Grayson School
EIN
45-5604824
Phone
4844283241
Address
211 MATSONFORD RD, RADNOR, PA 19087

Signing Officer

Name
Melissa Bilash
Title
Head of School
Phone
6109095172
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Bilash
Formed
2012
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
12
Employees
60

Preparer

Firm
O'CONNELL & COMPANY LLC
Address
165 TOWNSHIP LINE RD STE 1100, JENKINTOWN, PA 19046
Preparer
John W Rutecki CPA
Phone
2158874425
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The grayson school provides gifted children a challenging, research-based education worthy of their intellect and their intrinsic desire to learn and think deeply. We serve as a valued resource for the gifted education community in philadelphia and nationwide.”

Form 990, Part XI, Line 9

“Financial aid -1,092,496 financial aid 1,092,496”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school is exempt from income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The school has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations; and to identify and evaluate other matters that may be considered tax positions. The school has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”

Schedule D, Page 4, Part XI, Line 4B

“FINANCIAL AID 1,092,496”

Schedule D, Page 4, Part XII, Line 4B

“FINANCIAL AID 1,092,496”

Raw XML AppendixShowing 400 of 530 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0291512
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0338599
IRS990/AccountsReceivableGrp/BOYAmt099791
IRS990/AccountsReceivableGrp/EOYAmt073957
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE GRAYSON SCHOOL PROVIDES GIFTED CHILDREN A CHALLENGING, RESEARCH-BASED EDUCATION WORTHY OF THEIR INTELLECT AND THEIR INTRINSIC DESIRE TO LEARN AND THINK DEEPLY. WE SERVE AS A VALUED RESOURCE FOR THE GIFTED EDUCATION COMMUNITY IN PHILADELPHIA AND NATIONWIDE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt014280
IRS990/AdvertisingGrp/TotalAmt014280
IRS990/AllOtherContributionsAmt0861353
IRS990/AllOtherExpensesGrp/FundraisingAmt0312
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt057220
IRS990/AllOtherExpensesGrp/ProgramServicesAmt051527
IRS990/AllOtherExpensesGrp/TotalAmt0109059
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0SEAN LORD
IRS990/BooksInCareOfDetail/PhoneNum04844283241
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0211 MATSONFORD RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0RADNOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019087
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0511103
IRS990/CashNonInterestBearingGrp/EOYAmt01196077
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt015628
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt046884
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt093766
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0156278
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0174267
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01035620
IRS990/CYGrantsAndSimilarPaidAmt01092496
IRS990/CYInvestmentIncomeAmt0427
IRS990/CYOtherExpensesAmt01301754
IRS990/CYOtherRevenueAmt0418226
IRS990/CYProgramServiceRevenueAmt04073705
IRS990/CYRevenuesLessExpensesAmt0326059
IRS990/CYSalariesCompEmpBnftPaidAmt02807669
IRS990/CYTotalExpensesAmt05201919
IRS990/CYTotalFundraisingExpenseAmt0102613
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05527978
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0609165
IRS990/DeferredRevenueGrp/EOYAmt0866298
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0538
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014415
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0113181
IRS990/DepreciationDepletionGrp/TotalAmt0128134
IRS990/Desc0THE GRAYSON SCHOOL PROVIDES GIFTED CHILDREN A CHALLENGING, RESEARCH-BASED EDUCATION WORTHY OF THEIR INTELLECT AND THEIR INTRINSIC DESIRE TO LEARN AND THINK DEEPLY. WE SERVE AS A VALUED RESOURCE FOR THE GIFTED EDUCATION COMMUNITY IN PHILADELPHIA AND NATIONWIDE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0779919
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0689152
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt060
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04607121
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt042500
IRS990/FeesForServicesAccountingGrp/TotalAmt042500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04636
IRS990/FeesForServicesLegalGrp/TotalAmt04636
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt018558
IRS990/FeesForServicesOtherGrp/TotalAmt018558
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt08053
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0MELISSA BILASH
IRS990/Form990PartVIISectionAGrp/PersonNm1SAM GREENBLATT
IRS990/Form990PartVIISectionAGrp/PersonNm2KAREN NOONAN
IRS990/Form990PartVIISectionAGrp/PersonNm3SUZANNE CIONGOLI
IRS990/Form990PartVIISectionAGrp/PersonNm4NITA SEELINGER
IRS990/Form990PartVIISectionAGrp/PersonNm5ALBERT B MURPHY III
IRS990/Form990PartVIISectionAGrp/PersonNm6TIFFANI HURST
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFF LEVINSON MBA
IRS990/Form990PartVIISectionAGrp/PersonNm8JILL DOUGHERTY MED
IRS990/Form990PartVIISectionAGrp/PersonNm9BARBARA HAFNER
IRS990/Form990PartVIISectionAGrp/PersonNm10JENNIFER NANCE JD
IRS990/Form990PartVIISectionAGrp/PersonNm11LIAD PERMOCK
IRS990/Form990PartVIISectionAGrp/PersonNm12JOSEPH S SUN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0141867
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/ReportableCompFromOrgAmt120
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/TitleTxt0HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/SE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0174267
IRS990/FundraisingDirectExpensesAmt016853
IRS990/FundraisingGrossIncomeAmt023198
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt01092496
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01092496
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01092496
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0true
IRS990/GrossReceiptsAmt05544831
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt015418
IRS990/InformationTechnologyGrp/ProgramServicesAmt01760
IRS990/InformationTechnologyGrp/TotalAmt017178
IRS990/InsuranceGrp/FundraisingAmt01198
IRS990/InsuranceGrp/ManagementAndGeneralAmt02318
IRS990/InsuranceGrp/ProgramServicesAmt032206
IRS990/InsuranceGrp/TotalAmt035722
IRS990/InterestGrp/FundraisingAmt095
IRS990/InterestGrp/ManagementAndGeneralAmt02552
IRS990/InterestGrp/ProgramServicesAmt020040
IRS990/InterestGrp/TotalAmt022687
IRS990/InvestmentIncomeGrp/ExclusionAmt0427
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0427
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05601
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0258268
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0512534
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0384400
IRS990/LandBldgEquipCostOrOtherBssAmt0642668
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE GRAYSON SCHOOL PROVIDES GIFTED CHILDREN A CHALLENGING, RESEARCH-BASED EDUCATION WORTHY OF THEIR INTELLECT AND THEIR INTRINSIC DESIRE TO LEARN AND THINK DEEPLY. WE SERVE AS A VALUED RESOURCE FOR THE GIFTED EDUCATION COMMUNITY IN PHILADELPHIA AND NATIONWIDE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0387240
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0307842
IRS990/NetAssetsOrFundBalancesBOYAmt0251814
IRS990/NetAssetsOrFundBalancesEOYAmt0577873
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06345
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06345
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-528105
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-111279
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01826
IRS990/OccupancyGrp/ManagementAndGeneralAmt048914
IRS990/OccupancyGrp/ProgramServicesAmt0384052
IRS990/OccupancyGrp/TotalAmt0434792
IRS990/OfficeExpensesGrp/FundraisingAmt081
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032625
IRS990/OfficeExpensesGrp/ProgramServicesAmt078464
IRS990/OfficeExpensesGrp/TotalAmt0111170
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0838000
IRS990/OtherAssetsTotalGrp/EOYAmt0386893
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011522
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019058
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0217306
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0247886
IRS990/OtherExpensesGrp/Desc0CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ORGANIZED ACTIVITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0510
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013661
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127096
IRS990/OtherExpensesGrp/ProgramServicesAmt0140826
IRS990/OtherExpensesGrp/ProgramServicesAmt1107261
IRS990/OtherExpensesGrp/ProgramServicesAmt262197
IRS990/OtherExpensesGrp/ProgramServicesAmt3640
IRS990/OtherExpensesGrp/TotalAmt0140826
IRS990/OtherExpensesGrp/TotalAmt1121432
IRS990/OtherExpensesGrp/TotalAmt262197
IRS990/OtherExpensesGrp/TotalAmt327736
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0EXTINGUISHMENT OF DEBT
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0398867
IRS990/OtherRevenueMiscGrp/ExclusionAmt113014
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0398867
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt113014
IRS990/OtherRevenueTotalAmt0411881
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064813
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0109676
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02051462
IRS990/OtherSalariesAndWagesGrp/TotalAmt02225951
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06090
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011527
IRS990/PayrollTaxesGrp/ProgramServicesAmt0159937
IRS990/PayrollTaxesGrp/TotalAmt0177554
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt072837
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt059773
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051546
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0136010
IRS990/PrincipalOfficerNm0MELISSA BILASH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03902245
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1171460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03902245
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1171460
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01345361
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0850512
IRS990/PYInvestmentIncomeAmt01429
IRS990/PYOtherExpensesAmt0891431
IRS990/PYOtherRevenueAmt066264
IRS990/PYProgramServiceRevenueAmt02946764
IRS990/PYRevenuesLessExpensesAmt0393372
IRS990/PYSalariesCompEmpBnftPaidAmt02224503
IRS990/PYTotalExpensesAmt03966446
IRS990/PYTotalRevenueAmt04359818
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0326059
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04073705
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt010000
IRS990ScheduleD/DonatedServicesUseFcltsAmt010000
IRS990ScheduleD/EquipmentGrp/BookValueAmt017150
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013436
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030586
IRS990ScheduleD/ExpensesNotReportedAmt010000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01092496
IRS990ScheduleD/ExpensesSubtotalAmt04109423
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0367250
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0244832
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0612082
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0386893
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/OtherExpensesNotIncludedAmt01092496
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01092496
IRS990ScheduleD/RevenueNotReportedAmt010000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01092496
IRS990ScheduleD/RevenueSubtotalAmt04435482
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE SCHOOL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 1,092,496
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 1,092,496
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0384400
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0386893
IRS990ScheduleD/TotalExpensesPerForm990Amt05201919
IRS990ScheduleD/TotalRevenuePerForm990Amt05527978
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04445482
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04119423
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,242,711
Liabilities
$1,664,838
Net assets
$577,873
Revenue
$5,527,978
Expenses
$5,201,919
Net income
$326,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.51$3.73$0.78$8.45$8.78$0.33
2024Detailed filing. Detailed filing data is available for this year.$4.87$3.76$1.11$8.47$9.18$0.71
2023Detailed filing. Detailed filing data is available for this year.$4.52$2.71$1.81$8.08$8.02$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.54$1.79$1.75$7.35$6.18$1.18
2021Detailed filing. Detailed filing data is available for this year.$2.24$1.66$0.58$5.53$5.20$0.33
2020Detailed filing. Detailed filing data is available for this year.$2.09$1.83$0.25$4.36$3.97$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.65$0.14$2.60$2.81$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.20$0.07$1.81$1.83$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.12$0.09$1.01$1.08$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.09$0.16$0.50$0.36$0.14