Civic Intelligence

Cambridge School Inc.

990 • Fiscal year 2021 • EIN 52-2100915

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 18, 2022

Refreshing map…

6200 N Charles StreetBaltimore, MD 21212

(410) 486-3686

Siviq Scores

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

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.17x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

40th percentile

7.2%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$135,023

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

73rd percentile

25%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

16%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,158,745

Up $628,684 (+25%) from 2020

Net Assets

Up

$2,816,372

Up $745,614 (+36%) from 2020

Liabilities

Down

$342,373

Down $116,930 (-25%) from 2020

Revenue

Up

$2,042,307

Up $286,551 (+16%) from 2020

Expenses

Up

$1,895,611

Up $308,059 (+19%) from 2020

Net Income

Down

$146,696

Down $21,508 (-13%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $345,818Liabilities 2010: $346,003Net Assets 2010: -$1852010Assets 2011: $306,433Liabilities 2011: $288,263Net Assets 2011: $18,1702011Assets 2012: $353,395Liabilities 2012: $282,103Net Assets 2012: $71,2922012Assets 2013: $336,116Liabilities 2013: $195,513Net Assets 2013: $140,6032013Assets 2014: $459,919Liabilities 2014: $254,142Net Assets 2014: $205,7772014Assets 2015: $594,508Liabilities 2015: $237,940Net Assets 2015: $356,5682015Assets 2016: $1,174,502Liabilities 2016: $162,854Net Assets 2016: $1,011,6482016Assets 2017: $1,421,871Liabilities 2017: $275,928Net Assets 2017: $1,145,9432017Assets 2018: $2,228,414Liabilities 2018: $256,395Net Assets 2018: $1,972,0192018Assets 2019: $2,491,151Liabilities 2019: $280,485Net Assets 2019: $2,210,6662019Assets 2020: $2,530,061Liabilities 2020: $459,303Net Assets 2020: $2,070,7582020Assets 2021: $3,158,745Liabilities 2021: $342,373Net Assets 2021: $2,816,3722021Assets 2022: $2,980,136Liabilities 2022: $386,374Net Assets 2022: $2,593,7622022Assets 2023: $3,512,285Liabilities 2023: $397,923Net Assets 2023: $3,114,3622023Assets 2025: $5,391,832Liabilities 2025: $434,174Net Assets 2025: $4,957,6582025

Highlighted filing

2021

Assets$3,158,745
Liabilities$342,373
Net Assets$2,816,372

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,448,3552010Expenses 2011: $1,543,3242011Expenses 2012: $1,430,2882012Expenses 2013: $1,338,9422013Revenue 2014: $1,336,764Expenses 2014: $1,271,590Net Income 2014: $65,1742014Revenue 2015: $1,512,552Expenses 2015: $1,361,761Net Income 2015: $150,7912015Revenue 2016: $2,077,733Expenses 2016: $1,413,129Net Income 2016: $664,6042016Revenue 2017: $1,400,413Expenses 2017: $1,347,760Net Income 2017: $52,6532017Revenue 2018: $2,098,281Expenses 2018: $1,365,811Net Income 2018: $732,4702018Revenue 2019: $1,960,074Expenses 2019: $1,841,485Net Income 2019: $118,5892019Revenue 2020: $1,755,756Expenses 2020: $1,587,552Net Income 2020: $168,2042020Revenue 2021: $2,042,307Expenses 2021: $1,895,611Net Income 2021: $146,6962021Revenue 2022: $2,116,125Expenses 2022: $2,043,209Net Income 2022: $72,9162022Revenue 2023: $2,346,884Expenses 2023: $2,110,580Net Income 2023: $236,3042023Revenue 2025: $2,603,809Expenses 2025: $2,263,496Net Income 2025: $340,3132025

Highlighted filing

2021

Revenue$2,042,307
Expenses$1,895,611
Net Income$146,696
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 18, 2022
Return Version
2020v4.1
Gross Receipts
$2,131,658
Mission and Program Overview

Mission

At cambridge school, we believe it is our responsibility to help develop in our students the capacity and character required to live out their god-given destinies. In preparing them for high school and beyond, we partner with parents to edcuate our students' hearts and minds in both virtue and truth. We value the whole child, and see each as being wonderfully and fearfully made in the image of god. Our educational principles are based on the strong belief that each child is uniquely gifted. We rely on a christ-centered, integral, and classical curriculum, which allows each of our students to take advantage of time-tested material in achieving personal excellence, while seeing god's omnipresence as well as their own infinite connections to the world around them. We believe there is joy in the educational process; thus, we also seek to inspire in our children engagement in a life-long learning process that is defined by thinking deeply and knowing god's voice and his truth.

Cambridge school is a classical christ-centered (k-8) community of learners with parents to educate the hearts and minds of children in both virtue and truth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,753,571$2,350,904▲ $597,333
Cash and Non-Interest-Bearing Accounts$482,081$443,308▼ $38,773
Land, Buildings, and Equipment, Net$274,459$320,162▲ $45,703
Pledges and Grants Receivable$0$33,702▲ $33,702
Accounts Receivable$8,781--
Prepaid Expenses and Deferred Charges$2,621$2,121▼ $500
Total Assets$2,530,061$3,158,745▲ $628,684
Other Assets Total$8,548$8,548→ $0
Liabilities
Deferred Revenue$153,424$238,897▲ $85,473
Accounts Payable and Accrued Expenses$107,658$88,659▼ $18,999
Other Liabilities$198,221$14,817▼ $183,404
Total Liabilities$459,303$342,373▼ $116,930
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,737,601$2,304,586▲ $566,985
Net Assets Without Donor Restrictions$333,157$511,786▲ $178,629
Total Net Assets Fund Balance$2,070,758$2,816,372▲ $745,614
Total Liabilities and Net Assets / Fund Balance$2,530,061$3,158,745▲ $628,684

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$311,984$38,067$350,051
Other Land Buildings$7,809$27,839$35,648
Equipment$369$18,244$18,613

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,737,601-▲ $656,458-$2,304,586
2019$1,687,101-▲ $50,500-$1,737,601
2018$1,600,497-▲ $86,604-$1,687,101
2017$813,138$699,246▲ $88,113-$1,600,497
2016$717,808-▲ $95,330-$813,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John M BlumensteinEx-officio Head of SchoolFT$115,398$19,625$135,023

Board Members and Trustees

NameTitle
Richard AndrewsBoard Chair
Amy LynchVice Chair
Christa BauerDirector
Maria DuboisDirector
Martin LukowskiDirector
Scott GarveyDirector
Sean ThomasDirector
Daniel PittasSecretary
John FrainTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$497,403
Program Service Revenue
$1,350,565
Investment Income
$56,348
Other Revenue
$137,991
All Other Contributions
$306,571
Change in Net Assets
$146,696

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$41,288Fair Market Value (FMV) of Stock
Total Noncash Contributions5$41,288-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,042,307
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$598,918
Total Revenue per Audited Statements
$2,641,225
Total Revenue per Form 990
$2,042,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,318,151
Other Expenses$577,460
Total Fundraising Expense$68,322
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$915,314$14,180$48,166$977,660
Occupancy$302,842$15,939-$318,781
Current Officers, Directors, Trustees, and Key Employees$68,919$84,234-$153,153
Office Expenses$31,967$63,928-$95,895
Payroll Taxes$72,176$13,195$3,798$89,169
Other Employee Benefits$63,351$11,581$3,334$78,266
Fees for Services Other-$62,557-$62,557
Insurance$18,193$4,283-$22,476
Depreciation Depletion$17,964$4,229-$22,193
Pension Plan Contributions$16,110$2,945$848$19,903
Advertising-$6,424-$6,424
Other Expenses$3,820$899$12,176$4,719
Travel$1,997--$1,997
Total Functional Expenses$1,529,255$298,034$68,322$1,895,611

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,895,611
Total Expenses per Audited Statements$1,895,611
Total Expenses per Form 990$1,895,611
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,505
Fundraising Direct Expenses$1,919
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Feet for Change$39,505$39,505$1,919$37,586
Total Events$39,505$39,505$1,919$37,586
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-An Owner of the Company Is a Former Board Member of the OrganizationTHE COMPANY PROVIDES PAYROLL PROCESSING AND EMPLOYEE BENEFIT MANAGEMENT SERVICES TO THE ORGANIZATION. THE TOTAL AMOUNT OF PAYROLL PROCESSING FEES AND EMPLOYEE BENEFIT COSTS WERE APPROXIMATELY $170,715.No$170,715
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$7,803
Security Deposit$7,014
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
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

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is reviewed by the treasurer and the board chair prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of directors require board members to annually review the conflict of interest disclosure statement. The board reviews and approves all transactions with board members to ensure the transaction was reasonable and appropriate based on the business and financial objectives involved. The personnel manual does inform staff of the conflict of interest and ehtical practices policies.

Form 990, Part VI, Section B, Line 15

All board members are unpaid volunteers. Compensation for all key employees is approved through the budget process and by a vote of the entire board.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cambridge School Inc
EIN
52-2100915
Phone
4104863686
Address
6200 N CHARLES STREET, BALTIMORE, MD 21212

Signing Officer

Name
Richard Andrews
Title
Board Chair
Phone
4104863686
Signed
2022-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Andrews
Formed
1998
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
10
Employees
38
Volunteers
300

Preparer

Firm
Weyrich Cronin & Sorra LLC
Address
20 WIGHT AVENUE SUITE 210, HUNT VALLEY, MD 21030
Preparer
Angeline White CPA Cca
Phone
4103396464
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has not changed its oversight or selection process from the prior tax year.

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AT CAMBRIDGE SCHOOL, WE BELIEVE IT IS OUR RESPONSIBILITY TO HELP DEVELOP IN OUR STUDENTS THE CAPACITY AND CHARACTER REQUIRED TO LIVE OUT THEIR GOD-GIVEN DESTINIES. IN PREPARING THEM FOR HIGH SCHOOL AND BEYOND, WE PARTNER WITH PARENTS TO EDUCATE OUR STUDENTS' HEARTS AND MINDS IN BOTH VIRTUE AND TRUTH. WE VALUE THE WHOLE CHILD, AND SEE EACH AS BEING WONDERFULLY AND FEARFULLY MADE IN THE IMAGE OF GOD. OUR EDUCATIONAL PRINCIPLES ARE BASED ON THE STRONG BELIEF THAT EACH CHILD IS UNIQUELY GIFTED. WE RELY ON A CHRIST-CENTERED, INTEGRAL, AND CLASSICAL CURRICULUM, WHICH ALLOWS EACH OF OUR STUDENTS TO TAKE ADVANTAGE OF TIME-TESTED MATERIAL IN ACHIEVING PERSONAL EXCELLENCE, WHILE SEEING GOD'S OMNIPRESENCE AS WELL AS THEIR OWN INFINITE CONNECTIONS TO THE WORLD AROUND THEM. WE BELIEVE THERE IS JOY IN THE EDUCATIONAL PROCESS; THUS, WE ALSO SEEK TO INSPIRE IN OUR CHILDREN ENGAGEMENT IN A LIFE-LONG LEARNING PROCESS THAT IS DEFINED BY THINKING DEEPLY AND KNOWING GOD'S VOICE AND HIS TRUTH.
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IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1RETREAT, TRAINING AND D
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012676
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IRS990/OtherExpensesGrp/ProgramServicesAmt15092
IRS990/OtherExpensesGrp/ProgramServicesAmt24097
IRS990/OtherExpensesGrp/ProgramServicesAmt33820
IRS990/OtherExpensesGrp/TotalAmt020089
IRS990/OtherExpensesGrp/TotalAmt117268
IRS990/OtherExpensesGrp/TotalAmt25061
IRS990/OtherExpensesGrp/TotalAmt34719
IRS990/OtherLiabilitiesGrp/BOYAmt0198221
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IRS990/OtherRevenueMiscGrp/BusinessCd1900099
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IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11781
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IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03798
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013195
IRS990/PayrollTaxesGrp/ProgramServicesAmt072176
IRS990/PayrollTaxesGrp/TotalAmt089169
IRS990/PensionPlanContributionsGrp/FundraisingAmt0848
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02945
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016110
IRS990/PensionPlanContributionsGrp/TotalAmt019903
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt033702
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02121
IRS990/PrincipalOfficerNm0RICHARD ANDREWS
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16785
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16785
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0230484
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054715
IRS990/PYOtherExpensesAmt0410765
IRS990/PYOtherRevenueAmt0135696
IRS990/PYProgramServiceRevenueAmt01334861
IRS990/PYRevenuesLessExpensesAmt0168204
IRS990/PYSalariesCompEmpBnftPaidAmt01176787
IRS990/PYTotalExpensesAmt01587552
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01755756
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0146696
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01450970
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01687101
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt086604
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0813138
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0699246
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01600497
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt088113
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0350051
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IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0IN ALL FLYERS AND PAMPHLETS DISTRIBUTED BY THE SCHOOL. PUBLISHED IN REGISTRATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.39$0.43$4.96$2.60$2.26$0.34
2023Summary only. Only limited summary data is available for this year.$3.51$0.40$3.11$2.35$2.11$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.39$2.59$2.12$2.04$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.16$0.34$2.82$2.04$1.90$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.46$2.07$1.76$1.59$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.28$2.21$1.96$1.84$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.26$1.97$2.10$1.37$0.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.28$1.15$1.40$1.35$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.16$1.01$2.08$1.41$0.66
2015Summary only. Only limited summary data is available for this year.$0.59$0.24$0.36$1.51$1.36$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.25$0.21$1.34$1.27$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.20$0.14$1.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.28$0.07$1.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.29$0.02$1.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.35$0.00$1.45
Peer Organizations

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