Civic Intelligence

Mater Dei School Inc.

990 • Fiscal year 2016 • EIN 52-0906575

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2017

9600 Seven Locks RoadBethesda, MD 20817

(301) 365-2700

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

12th percentile

0.03x

Higher debt load relative to revenue than 12% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

84th percentile

26%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$344,094

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

69th percentile

7.5%

Faster asset growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

5.6%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$17,829,233

Up $1,238,469 (+7.5%) from 2015

Net Assets

Up

$17,662,686

Up $1,222,368 (+7.4%) from 2015

Liabilities

Up

$166,547

Up $16,101 (+11%) from 2015

Revenue

Up

$5,298,666

Up $283,290 (+5.6%) from 2015

Expenses

Down

$3,945,482

Down $833,930 (-17%) from 2015

Net Income

Up

$1,353,184

Up $1,117,220 (+473%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $14,370,613Liabilities 2011: $211,141Net Assets 2011: $14,159,4722011Assets 2012: $14,920,241Liabilities 2012: $163,446Net Assets 2012: $14,756,7952012Assets 2013: $16,259,192Liabilities 2013: $237,584Net Assets 2013: $16,021,6082013Assets 2014: $16,542,264Liabilities 2014: $146,777Net Assets 2014: $16,395,4872014Assets 2015: $16,590,764Liabilities 2015: $150,446Net Assets 2015: $16,440,3182015Assets 2016: $17,829,233Liabilities 2016: $166,547Net Assets 2016: $17,662,6862016Assets 2017: $19,734,636Liabilities 2017: $212,312Net Assets 2017: $19,522,3242017Assets 2018: $21,696,629Liabilities 2018: $220,109Net Assets 2018: $21,476,5202018Assets 2019: $23,472,910Liabilities 2019: $201,960Net Assets 2019: $23,270,9502019Assets 2020: $26,588,256Liabilities 2020: $168,898Net Assets 2020: $26,419,3582020Assets 2021: $32,306,112Liabilities 2021: $388,226Net Assets 2021: $31,917,8862021Assets 2022: $29,954,630Liabilities 2022: $363,731Net Assets 2022: $29,590,8992022Assets 2023: $33,794,576Liabilities 2023: $323,009Net Assets 2023: $33,471,5672023Assets 2024: $39,507,692Liabilities 2024: $386,979Net Assets 2024: $39,120,7132024Assets 2025: $47,446,484Liabilities 2025: $519,745Net Assets 2025: $46,926,7392025

Highlighted filing

2016

Assets$17,829,233
Liabilities$166,547
Net Assets$17,662,686

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,886,653Expenses 2011: $3,511,364Net Income 2011: $375,2892011Revenue 2012: $4,180,913Expenses 2012: $3,582,692Net Income 2012: $598,2212012Revenue 2013: $5,191,941Expenses 2013: $3,946,901Net Income 2013: $1,245,0402013Revenue 2014: $4,768,079Expenses 2014: $5,410,913Net Income 2014: -$642,8342014Revenue 2015: $5,015,376Expenses 2015: $4,779,412Net Income 2015: $235,9642015Revenue 2016: $5,298,666Expenses 2016: $3,945,482Net Income 2016: $1,353,1842016Revenue 2017: $5,414,027Expenses 2017: $4,207,701Net Income 2017: $1,206,3262017Revenue 2018: $5,859,371Expenses 2018: $4,281,647Net Income 2018: $1,577,7242018Revenue 2019: $6,023,779Expenses 2019: $4,376,670Net Income 2019: $1,647,1092019Revenue 2020: $7,919,181Expenses 2020: $4,994,547Net Income 2020: $2,924,6342020Revenue 2021: $6,893,486Expenses 2021: $5,307,338Net Income 2021: $1,586,1482021Revenue 2022: $7,872,324Expenses 2022: $5,356,746Net Income 2022: $2,515,5782022Revenue 2023: $7,394,698Expenses 2023: $5,453,622Net Income 2023: $1,941,0762023Revenue 2024: $8,450,965Expenses 2024: $5,930,385Net Income 2024: $2,520,5802024Revenue 2025: $11,902,753Expenses 2025: $6,707,653Net Income 2025: $5,195,1002025

Highlighted filing

2016

Revenue$5,298,666
Expenses$3,945,482
Net Income$1,353,184
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$5,298,666
Mission and Program Overview

Mission

Mater dei school provides education for boys in grades 1 - 8.

Private boys school serving grades 1-8

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$7,434,347$7,738,891▲ $304,544
Land, Buildings, and Equipment, Net$7,796,551$7,694,753▼ $101,798
Cash and Non-Interest-Bearing Accounts$1,315,011$2,351,582▲ $1,036,571
Prepaid Expenses and Deferred Charges$28,215$29,724▲ $1,509
Accounts Receivable$16,640$14,283▼ $2,357
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$16,590,764$17,829,233▲ $1,238,469
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$140,200$159,387▲ $19,187
Accounts Payable and Accrued Expenses$10,246$7,160▼ $3,086
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$150,446$166,547▲ $16,101
Net Assets / Fund Balance
Unrestricted Net Assets$16,090,861$17,184,980▲ $1,094,119
Temporarily Rstr Net Assets$249,457$377,706▲ $128,249
Permanently Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$16,440,318$17,662,686▲ $1,222,368
Total Liabilities and Net Assets / Fund Balance$16,590,764$17,829,233▲ $1,238,469

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,137,287$3,766,890$9,904,177
Land$1,444,175-$1,444,175
Other Land Buildings$113,291$658,057$771,348
Other Securities$7,738,891--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$201,645-▲ $9,735$6,000$205,380
2014$198,483-▲ $3,162-$201,645
2013$175,952-▲ $22,531-$198,483
2012$159,827-▲ $16,125-$175,952
2011$158,733-▲ $1,094-$159,827
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph DavidTeacherFT$312,444$24,000$344,094
Edward Williamspresident/treasurerFT$310,544$20,055$332,766
Susan LipmanTeacherFT$211,361$20,446$224,157
William McmurtrieHeadmaster/VP/secretaryFT$193,931$21,500$211,931
Kevin Charles JrTeacherFT$158,890$7,334$168,824
Kevin GiblinTeacherFT$151,091$12,614$162,438
Richard Holifield Jrdirector of groundsFT$98,842$15,079$113,921
Virginia JoyceTeacherFT$110,299-$110,299
James GeimerTeacherFT$92,094$14,158$106,252
William Bednarz JrTeacherFT$100,808$3,112$103,920

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
NoneNone--
Revenue and Support

Revenue Composition

Contributions and Grants
$631,988
Program Service Revenue
$4,080,464
Investment Income
$388,888
Other Revenue
$197,326
All Other Contributions
$631,988
Change in Net Assets
$1,353,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,298,666
Revenue Not Reported on Form 990
$-130,816
Total Revenue per Audited Statements
$5,167,850
Total Revenue per Form 990
$5,298,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,769,218
Other Expenses$1,176,264
Total Fundraising Expense$237,596
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,420,467$275,066$105,821$1,801,354
Other Employee Benefits$380,059$108,472$9,313$497,844
All Other Expenses$307,992$57,627$115,516$481,135
Depreciation Depletion$265,834$66,458-$332,292
Current Officers, Directors, Trustees, and Key Employees$140,486$189,625-$330,111
Payroll Taxes$102,461$30,502$6,946$139,909
Other Expenses$71,324$17,831-$89,155
Insurance$66,164$16,541$0$82,705
Office Expenses$62,054--$62,054
Total Functional Expenses$2,945,764$762,122$237,596$3,945,482

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,945,482
Total Expenses per Audited Statements$3,945,482
Total Expenses per Form 990$3,945,482
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$193,076
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$193,076$193,076-$193,076
Total Events$193,076$193,076-$193,076
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governance-part VI, Section B, Line 11

A copy of this return is provided to selected members of the board for review before filing. After filing, a copy is available to all board members who request a copy.

Governance-part VI, Section C, Line 19

All documents are available to parents, and board members upon request.

Governance-part VI, Section B, Line 15

Determined and approved by the executive committee.

Filing and Contact Details

Filer

Filer Name
Mater Dei School Inc
EIN
52-0906575
In Care Of
% MELISSA DWYER
Phone
3013652700
Address
9600 SEVEN LOCKS ROAD, BETHESDA, MD 20817

Signing Officer

Name
Edward Williams
Title
President
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Williams
Formed
1960
Legal Domicile
Md
Voting Board Members
22
Independent Board Members
20
Employees
35
Volunteers
20

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE 400E, BETHESDA, MD 20814-6583
Preparer
Ed Ryan CPA
Phone
3016529100
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 24 - Other Expenses

Description:repairs & maintenance total expenses:159932 program services:127946 management and general:31986

Form 990 Part IX Line 24 - Other Expenses

Description:telephone total expenses:16201 program services:12961 management and general:3240

Form 990 Part IX Line 24 - Other Expenses

Description:professional fees total expenses:42163 program services:13343 management and general:22401 fundraising:6419

Form 990 Part IX Line 24 - Other Expenses

Description:athletics total expenses:28511 program services:28511

Form 990 Part IX Line 24 - Other Expenses

Description:field trips total expenses:64115 program services:64115

Form 990 Part IX Line 24 - Other Expenses

Description:fundraising & parent event total expenses:110522 program services:1425 fundraising:109097

Form 990 Part IX Line 24 - Other Expenses

Description:bookstore merchandise total expenses:32820 program services:32820

Form 990 Part IX Line 24 - Other Expenses

Description:liturgical total expenses:9954 program services:9954

Form 990 Part IX Line 24 - Other Expenses

Description:license & permits total expenses:16665 program services:16665

Form 990 Part IX Line 24 - Other Expenses

Description:bad debts expense total expenses:252 program services:252

Financial Statement Notes

990/schedule D/part XIII/fin 48 Disclosure

The School is exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code and has been classified as an organization that is not a private foundation. However, income from certain activities not directly related to the School's tax-exempt purpose is subjected to taxation as unrelated business income. The School represents that there is no unrelated business income for the year ended June 30, 2016 AND 2015, and accordingly, no provision for income taxes is required in the accompanying financial statements. For the year ended June 30, 2016 AND 2015, the management of the School did not identify any uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The School's tax returns are subject to review and examination by federal, state and local authorities. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2012 remain open.

990/schedule D/part V/question 4/endowment Funds

The net earnings on the principal restricted gift of the endowed pantaleo fund are to be available for the funding of scholarships.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$47.4$0.52$46.9$11.9$6.71$5.20
2024Detailed filing. Detailed filing data is available for this year.$39.5$0.39$39.1$8.45$5.93$2.52
2023Detailed filing. Detailed filing data is available for this year.$33.8$0.32$33.5$7.39$5.45$1.94
2022Detailed filing. Detailed filing data is available for this year.$30.0$0.36$29.6$7.87$5.36$2.52
2021Detailed filing. Detailed filing data is available for this year.$32.3$0.39$31.9$6.89$5.31$1.59
2020Detailed filing. Detailed filing data is available for this year.$26.6$0.17$26.4$7.92$4.99$2.92
2019Detailed filing. Detailed filing data is available for this year.$23.5$0.20$23.3$6.02$4.38$1.65
2018Detailed filing. Detailed filing data is available for this year.$21.7$0.22$21.5$5.86$4.28$1.58
2017Detailed filing. Detailed filing data is available for this year.$19.7$0.21$19.5$5.41$4.21$1.21
2016Detailed filing. Detailed filing data is available for this year.$17.8$0.17$17.7$5.30$3.95$1.35
2015Detailed filing. Detailed filing data is available for this year.$16.6$0.15$16.4$5.02$4.78$0.24
2014Summary only. Only limited summary data is available for this year.$16.5$0.15$16.4$4.77$5.41$0.64
2013Summary only. Only limited summary data is available for this year.$16.3$0.24$16.0$5.19$3.95$1.25
2012Summary only. Only limited summary data is available for this year.$14.9$0.16$14.8$4.18$3.58$0.60
2011Summary only. Only limited summary data is available for this year.$14.4$0.21$14.2$3.89$3.51$0.38
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits