Civic Intelligence

Mater Dei School Inc.

990 • Fiscal year 2017 • EIN 52-0906575

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 15, 2018

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

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.04x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

48th percentile

$166,753

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

2.2%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$19,734,636

Up $1,905,403 (+11%) from 2016

Net Assets

Up

$19,522,324

Up $1,859,638 (+11%) from 2016

Liabilities

Up

$212,312

Up $45,765 (+27%) from 2016

Revenue

Up

$5,414,027

Up $115,361 (+2.2%) from 2016

Expenses

Up

$4,207,701

Up $262,219 (+6.6%) from 2016

Net Income

Down

$1,206,326

Down $146,858 (-11%) from 2016

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

2017

Assets$19,734,636
Liabilities$212,312
Net Assets$19,522,324

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

2017

Revenue$5,414,027
Expenses$4,207,701
Net Income$1,206,326
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 15, 2018
Return Version
2016v3.1
Gross Receipts
$5,414,027
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$7,738,891$10,434,266▲ $2,695,375
Land, Buildings, and Equipment, Net$7,694,753$7,499,272▼ $195,481
Cash and Non-Interest-Bearing Accounts$2,351,582$1,749,416▼ $602,166
Prepaid Expenses and Deferred Charges$29,724$28,762▼ $962
Accounts Receivable$14,283$22,920▲ $8,637
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$17,829,233$19,734,636▲ $1,905,403
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$159,387$210,439▲ $51,052
Accounts Payable and Accrued Expenses$7,160$1,873▼ $5,287
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$166,547$212,312▲ $45,765
Net Assets / Fund Balance
Unrestricted Net Assets$17,184,980$19,001,988▲ $1,817,008
Temporarily Rstr Net Assets$377,706$420,336▲ $42,630
Permanently Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$17,662,686$19,522,324▲ $1,859,638
Total Liabilities and Net Assets / Fund Balance$17,829,233$19,734,636▲ $1,905,403

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,878,173$4,078,810$9,956,983
Land$1,444,175-$1,444,175
Other Land Buildings$176,924$670,971$847,895
Other Securities$10,434,266--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$205,379-▲ $18,149$10,000$213,528
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward Williams--$166,753$26,883$189,386
Edward Williamspresident/treasurerFT$166,753-$166,753
Joseph DavidTeacherFT$106,418$31,750$138,168
joseph david--$106,418$27,000$138,168
William McmurtrieHeadmaster/VP/secretaryFT$120,071$18,000$138,071
William Mcmurtriepresident/treasurer-$120,071$21,500$138,071
Richard Holifield Jrdirector of groundsFT$105,601$15,488$121,089
Susan LipmanTeacherFT$99,170$9,460$108,630
susan lipman--$99,170$12,580$108,630
Virginia Joyce--$89,435$10,233$102,788
Michael KubikTeacherFT$100,686$681$101,367
Virginia JoyceTeacherFT$89,435-$89,435

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
NoneNone--
Revenue and Support

Revenue Composition

Contributions and Grants
$563,779
Program Service Revenue
$4,184,561
Investment Income
$453,866
Other Revenue
$211,821
All Other Contributions
$563,779
Change in Net Assets
$1,206,326

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,414,027
Revenue Not Reported on Form 990
$653,312
Total Revenue per Audited Statements
$6,067,339
Total Revenue per Form 990
$5,414,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,000,627
Other Expenses$1,207,074
Total Fundraising Expense$268,927
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,513,258$419,880$120,221$2,053,359
Other Employee Benefits$460,173$108,519$10,144$578,836
All Other Expenses$318,927$56,972$116,991$492,890
Depreciation Depletion$272,898$68,225-$341,123
Current Officers, Directors, Trustees, and Key Employees$149,662$41,527$11,890$203,079
Payroll Taxes$121,860$33,812$9,681$165,353
Other Expenses$71,204$17,801-$89,005
Insurance$59,641$14,910$0$74,551
Office Expenses$65,331--$65,331
Total Functional Expenses$3,177,128$761,646$268,927$4,207,701

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,207,701
Total Expenses per Audited Statements$4,207,701
Total Expenses per Form 990$4,207,701
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$207,021
Fundraising Direct Expenses$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$207,021$207,021-$207,021
Total Events$207,021$207,021-$207,021
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
Phone
3013652700
Signed
2018-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Williams
Formed
1960
Legal Domicile
Md
Voting Board Members
21
Independent Board Members
19
Employees
32
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:149113 program services:119290 management and general:29823

Form 990 Part IX Line 24 - Other Expenses

Description:telephone total expenses:17050 program services:13640 management and general:3410

Form 990 Part IX Line 24 - Other Expenses

Description:professional fees total expenses:38588 program services:11288 management and general:23029 fundraising:4271

Form 990 Part IX Line 24 - Other Expenses

Description:athletics total expenses:30478 program services:30478

Form 990 Part IX Line 24 - Other Expenses

Description:field trips total expenses:68416 program services:68416

Form 990 Part IX Line 24 - Other Expenses

Description:fundraising & parent event total expenses:115255 program services:1825 management and general:710 fundraising:112720

Form 990 Part IX Line 24 - Other Expenses

Description:bookstore merchandise total expenses:26103 program services:26103

Form 990 Part IX Line 24 - Other Expenses

Description:liturgical total expenses:5227 program services:5227

Form 990 Part IX Line 24 - Other Expenses

Description:license & permits total expenses:16585 program services:16585

Form 990 Part IX Line 24 - Other Expenses

Description:bad debts expense total expenses:26075 program services:26075

Financial Statement Notes

990/schedule D/part XIII/fin 48 Disclosure

The School is exempt from federal income taxes 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 years ended June 30, 2017 and 2016, and accordingly, no provision for income taxes is required in the accompanying financial statements. For the years ended June 30, 2017 and 2016, 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 for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2013 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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IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3HEADMASTER/VP/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt22TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt23TEACHER
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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