Civic Intelligence

Grymes Memorial School Inc.

990 • Fiscal year 2015 • EIN 54-0617529

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 18, 2015

PO Box 1160Orange, VA 22960

(540) 672-1010

Siviq Scores

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

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

35th percentile

0.10x

Higher debt load relative to revenue than 35% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

84th percentile

28%

Higher net margin than 84% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$118,359

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

67th percentile

6.0%

Faster asset growth than 67% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

69%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$8,745,011

Up $491,837 (+6.0%) from 2014

Net Assets

Up

$8,350,367

Up $976,912 (+13%) from 2014

Liabilities

Down

$394,644

Down $485,075 (-55%) from 2014

Revenue

Up

$4,068,335

Up $1,656,280 (+69%) from 2014

Expenses

Up

$2,917,047

Up $204,424 (+7.5%) from 2014

Net Income

Up

$1,151,288

Up $1,451,856 (+483%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $6,439,217Liabilities 2011: $462,901Net Assets 2011: $5,976,3162011Assets 2012: $7,000,595Liabilities 2012: $451,315Net Assets 2012: $6,549,2802012Assets 2013: $7,540,089Liabilities 2013: $758,588Net Assets 2013: $6,781,5012013Assets 2014: $8,253,174Liabilities 2014: $879,719Net Assets 2014: $7,373,4552014Assets 2015: $8,745,011Liabilities 2015: $394,644Net Assets 2015: $8,350,3672015Assets 2016: $8,228,693Liabilities 2016: $402,751Net Assets 2016: $7,825,9422016Assets 2017: $9,424,958Liabilities 2017: $447,577Net Assets 2017: $8,977,3812017Assets 2018: $12,173,985Liabilities 2018: $536,598Net Assets 2018: $11,637,3872018Assets 2019: $13,849,191Liabilities 2019: $662,918Net Assets 2019: $13,186,2732019Assets 2020: $13,650,390Liabilities 2020: $732,132Net Assets 2020: $12,918,2582020Assets 2021: $17,179,180Liabilities 2021: $598,029Net Assets 2021: $16,581,1512021Assets 2022: $16,807,855Liabilities 2022: $567,768Net Assets 2022: $16,240,0872022Assets 2023: $21,403,083Liabilities 2023: $689,051Net Assets 2023: $20,714,0322023Assets 2024: $26,107,567Liabilities 2024: $1,109,950Net Assets 2024: $24,997,6172024

Highlighted filing

2015

Assets$8,745,011
Liabilities$394,644
Net Assets$8,350,367

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,709,445Expenses 2011: $2,308,950Net Income 2011: $2,400,4952011Revenue 2012: $2,994,832Expenses 2012: $2,484,209Net Income 2012: $510,6232012Revenue 2013: $2,694,140Expenses 2013: $2,521,374Net Income 2013: $172,7662013Revenue 2014: $2,412,055Expenses 2014: $2,712,623Net Income 2014: -$300,5682014Revenue 2015: $4,068,335Expenses 2015: $2,917,047Net Income 2015: $1,151,2882015Revenue 2016: $2,852,240Expenses 2016: $3,024,072Net Income 2016: -$171,8322016Revenue 2017: $3,584,304Expenses 2017: $2,767,853Net Income 2017: $816,4512017Revenue 2018: $5,343,802Expenses 2018: $2,798,409Net Income 2018: $2,545,3932018Revenue 2019: $4,371,954Expenses 2019: $2,864,379Net Income 2019: $1,507,5752019Revenue 2020: $2,532,964Expenses 2020: $2,960,143Net Income 2020: -$427,1792020Revenue 2021: $5,072,615Expenses 2021: $3,221,624Net Income 2021: $1,850,9912021Revenue 2022: $6,131,741Expenses 2022: $3,377,707Net Income 2022: $2,754,0342022Revenue 2023: $6,652,909Expenses 2023: $3,722,356Net Income 2023: $2,930,5532023Revenue 2024: $7,090,980Expenses 2024: $3,762,874Net Income 2024: $3,328,1062024

Highlighted filing

2015

Revenue$4,068,335
Expenses$2,917,047
Net Income$1,151,288
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 18, 2015
Return Version
2014v5.0
Gross Receipts
$8,767,022
Mission and Program Overview

Mission

Nurturing character, building thinkers, cultivating creativity, fostering community, launching learners.

Grymes memorial school is a rural school in orange county, va, that serves families from more than five surrounding counties -- families of remarkable economic diversity, and whose children reflect a wide range of ability. In the midst of this diversity, we are fortunate to be drawn together by a set of strongly held beliefs in the vital importance of a rigorous education, in the desirability of cultivating good character, in the joyful celebration of creativity, and in the warmth and security that a caring community can provide. As children grow and flourish in this environment, we look to the day that we send these young learners on their way to complete their educations with sound foundation of knowledge and skills, and we hope that the joy and exuberance that they experience here at grymes serves to encourage a full and productive life of learning, caring, and contributing to society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,263,809$5,316,272▲ $1,052,463
Land, Buildings, and Equipment, Net$2,936,445$2,850,548▼ $85,897
Pledges and Grants Receivable$589,876$287,200▼ $302,676
Cash and Non-Interest-Bearing Accounts$378,090$221,506▼ $156,584
Accounts Receivable$54,629$47,533▼ $7,096
Prepaid Expenses and Deferred Charges$28,088$21,046▼ $7,042
Total Assets$8,253,174$8,745,011▲ $491,837
Other Assets Total$2,237$906▼ $1,331
Liabilities
Accounts Payable and Accrued Expenses$190,282$181,835▼ $8,447
Deferred Revenue$251,985$150,357▼ $101,628
Mortgage Notes Payable Secured by Investment Property$437,452$62,452▼ $375,000
Total Liabilities$879,719$394,644▼ $485,075
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,705,754$4,131,754▲ $1,426,000
Unrestricted Net Assets$3,022,159$2,833,571▼ $188,588
Temporarily Rstr Net Assets$1,645,542$1,385,042▼ $260,500
Total Net Assets Fund Balance$7,373,455$8,350,367▲ $976,912
Total Liabilities and Net Assets / Fund Balance$8,253,174$8,745,011▲ $491,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,338,626$1,181,237$3,519,863
Other Land Buildings$482,727$955,661$1,438,388
Land$29,195-$29,195
Other Securities$5,316,272--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$4,263,809$1,547,774▼ $21,536$452,320$5,316,272
2013$3,800,236$562,748▲ $625,505$703,810$4,263,809
2012$3,508,257$303,489▲ $201,048$200,000$3,800,236
2011$2,632,315$800,500▲ $75,442-$3,508,257
2010$2,387,585-▲ $494,730$250,000$2,632,315
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Penny WorkHead of SchoolFT$100,740$17,619$118,359

Board Members and Trustees

NameTitle
Justin H WileyChairman
Bernice WalkerVice-chairman
A Ward SimsTrustee
Andrew CampbellTrustee
Ed StelterTrustee
Ernie JohnsonTrustee
Franklin DanielsTrustee
James Ht McconnellTrustee
Kimberly SkellyTrustee
Philip MorganTrustee
Phoebe WarmackTrustee
Tom BondTrustee
Tom PayetteTrustee
Anne L UeltschiTrustee Emeritus
Katharine McbrideTrustee Emeritus
Virginius R Shackelford IiiTrustee Emeritus
Hope ScibalSecretary
David PerdueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,713,324
Program Service Revenue
$2,176,634
Investment Income
$174,344
Other Revenue
$4,033
All Other Contributions
$1,713,324
Change in Net Assets
$1,151,288

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$83,959Avg Stock Market Quote
Total Noncash Contributions5$83,959-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,566,229
Revenue Not Reported on Financial Statements
$502,106
Revenue Not Reported on Form 990
$-174,376
Other Revenue Adjustments
$480,651
Total Revenue per Audited Statements
$3,391,853
Total Revenue per Form 990
$4,068,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,748,346
Other Expenses$688,050
Grants and Similar Amounts Paid$480,651
Total Fundraising Expense$175,468
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,294,149$108,704$121,981$1,524,834
Grants to Domestic Individuals$480,651--$480,651
Depreciation Depletion$161,610$6,484$4,421$172,515
Payroll Taxes$97,375$8,179$9,178$114,732
Other Employee Benefits$92,323$7,755$8,702$108,780
Occupancy$73,809$3,366$2,637$79,812
Other Expenses$28,661$2,408$2,701$33,770
All Other Expenses$20,399$403$12,193$32,995
Fees for Services Accounting-$32,144-$32,144
Office Expenses$25,887$2,174$2,440$30,501
Insurance$20,437$1,717$1,926$24,080
Advertising$19,762$1,660$1,863$23,285
Fees for Service Investment Mgmnt Fees-$21,455-$21,455
Interest$4,895--$4,895
Total Functional Expenses$2,536,716$204,863$175,468$2,917,047

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,917,047
Expenses per Audited Statements$2,414,941
Total Expenses per Audited Statements$2,414,941
Expenses Not Reported on Financial Statements$502,106
Other Expense Adjustments$480,651
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,445
Fundraising Direct Expenses$4,412
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
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 11

The form 990 is reviewed by the board's designated trustee with external auditors upon completion of the audited financial statements. Once approved, form 990 is made available to each voting member of the board. Afterwards, the form 990 is filed and made available for public inspection.

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

Following appointment to the board of trustees or employment, trustees, officers and employees of the school shall be informed of the conflict of interest policy. On an annual basis, each trustee and officer shall certify in writing to the board of trustees that, to the best of his/her knowledge and belief, he/she has acted in compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 18

The school's form 1023 and 990 are available to the public upon request.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy, and audited financial statements can be distributed to the public upon request. However, all requests are subject to the approval of the head of school and the schools consideration of the intended use of the documents.

Filing and Contact Details

Filer

Filer Name
Grymes Memorial School
EIN
54-0617529
Phone
5406721010
Address
PO BOX 1160, ORANGE, VA 22960

Signing Officer

Name
Frank Thomas
Title
Treasurer
Phone
5406721010
Signed
2015-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Thomas
Formed
1947
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
55
Volunteers
26

Preparer

Firm
HANTZMON WIEBEL LLP CPA'S
Address
818 E JEFFERSON ST PO BOX 1408, CHARLOTTESVILLE, VA 22902
Preparer
W Keith Haney
Phone
4342962156
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

The school's board of trustees is responsible for selection and retention of independent auditors. This process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Amounts invested in the endowment fund are to be used based on the donors' or boards' restrictions to fund support for grymes memorial school, including financial aid, school support and operating expenses.

PART X, LINE 2:

The school has reviewed and evaluated the relevant technical merits of each of its tax positions in accordance with guidance established by the financial accounting standards board and determined that there are no uncertain tax positions that would have a material impact on the financial statements of the school. The school is generally no longer subject to income tax examinations by the taxing authorities for years before 2012.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 480,651.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 480,651.

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IRS990/ActivityOrMissionDesc0GRYMES MEMORIAL SCHOOL IS A RURAL SCHOOL IN ORANGE COUNTY, VA, THAT SERVES FAMILIES FROM MORE THAN FIVE SURROUNDING COUNTIES -- FAMILIES OF REMARKABLE ECONOMIC DIVERSITY, AND WHOSE CHILDREN REFLECT A WIDE RANGE OF ABILITY. IN THE MIDST OF THIS DIVERSITY, WE ARE FORTUNATE TO BE DRAWN TOGETHER BY A SET OF STRONGLY HELD BELIEFS IN THE VITAL IMPORTANCE OF A RIGOROUS EDUCATION, IN THE DESIRABILITY OF CULTIVATING GOOD CHARACTER, IN THE JOYFUL CELEBRATION OF CREATIVITY, AND IN THE WARMTH AND SECURITY THAT A CARING COMMUNITY CAN PROVIDE. AS CHILDREN GROW AND FLOURISH IN THIS ENVIRONMENT, WE LOOK TO THE DAY THAT WE SEND THESE YOUNG LEARNERS ON THEIR WAY TO COMPLETE THEIR EDUCATIONS WITH SOUND FOUNDATION OF KNOWLEDGE AND SKILLS, AND WE HOPE THAT THE JOY AND EXUBERANCE THAT THEY EXPERIENCE HERE AT GRYMES SERVES TO ENCOURAGE A FULL AND PRODUCTIVE LIFE OF LEARNING, CARING, AND CONTRIBUTING TO SOCIETY.
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IRS990/Desc0GRYMES, SITUATED ON 45 ROLLING ACRES IN THE VIRGINIA PIEDMONT, OFFERS A RIGOROUS, CHARACTER-BASED, CREATIVE, JOYFUL, AND CARING LEARNING ENVIRONMENT TO APPROXIMATELY 160 STUDENTS FROM PK3 - 8TH GRADE. THE GRYMES FACULTY AND STAFF ARE A TALENTED GROUP WHO WORK CLOSELY WITH STUDENTS AND THEIR FAMILIES TO FOSTER THE GROWTH OF EACH CHILD. GRYMES GRADUATES ARE WELL-PREPARED FOR THE BEST INDEPENDENT AND PUBLIC SCHOOL PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/PersonNm14TOM PAYETTE
IRS990/Form990PartVIISectionAGrp/PersonNm15KIMBERLY SKELLY
IRS990/Form990PartVIISectionAGrp/PersonNm16ED STELTER
IRS990/Form990PartVIISectionAGrp/PersonNm17PHOEBE WARMACK
IRS990/Form990PartVIISectionAGrp/PersonNm18PENNY WORK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18100740
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01947
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt04412
IRS990/FundraisingGrossIncomeAmt08445
IRS990/GainOrLossGrp/SecuritiesAmt073449
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0480651
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0480651
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04767724
IRS990/GrossReceiptsAmt08767022
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt01926
IRS990/InsuranceGrp/ManagementAndGeneralAmt01717
IRS990/InsuranceGrp/ProgramServicesAmt020437
IRS990/InsuranceGrp/TotalAmt024080
IRS990/InterestGrp/ProgramServicesAmt04895
IRS990/InterestGrp/TotalAmt04895
IRS990/InvestmentIncomeGrp/ExclusionAmt0100895
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100895
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04263809
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05316272
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02136898
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02936445
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02850548
IRS990/LandBldgEquipCostOrOtherBssAmt04987446
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04694275
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NURTURING CHARACTER, BUILDING THINKERS, CULTIVATING CREATIVITY, FOSTERING COMMUNITY, LAUNCHING LEARNERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0437452
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt062452
IRS990/NetAssetsOrFundBalancesBOYAmt07373455
IRS990/NetAssetsOrFundBalancesEOYAmt08350367
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt073449
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt073449
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04033
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04033
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-174376
IRS990/NoncashContributionsAmt045927
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02637
IRS990/OccupancyGrp/ManagementAndGeneralAmt03366
IRS990/OccupancyGrp/ProgramServicesAmt073809
IRS990/OccupancyGrp/TotalAmt079812
IRS990/OfficeExpensesGrp/FundraisingAmt02440
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02174
IRS990/OfficeExpensesGrp/ProgramServicesAmt025887
IRS990/OfficeExpensesGrp/TotalAmt030501
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02237
IRS990/OtherAssetsTotalGrp/EOYAmt0906
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08702
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07755
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt092323
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0108780
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL EXPENSES
IRS990/OtherExpensesGrp/Desc2GENERAL AND ADMINISTRAT
IRS990/OtherExpensesGrp/Desc3FACULTY DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt03121
IRS990/OtherExpensesGrp/FundraisingAmt14305
IRS990/OtherExpensesGrp/FundraisingAmt22701
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04578
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13836
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22408
IRS990/OtherExpensesGrp/ProgramServicesAmt0114104
IRS990/OtherExpensesGrp/ProgramServicesAmt156988
IRS990/OtherExpensesGrp/ProgramServicesAmt245666
IRS990/OtherExpensesGrp/ProgramServicesAmt328661
IRS990/OtherExpensesGrp/TotalAmt0121803
IRS990/OtherExpensesGrp/TotalAmt156988
IRS990/OtherExpensesGrp/TotalAmt253807
IRS990/OtherExpensesGrp/TotalAmt333770
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0121981
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0108704
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01294149
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09178
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08179
IRS990/PayrollTaxesGrp/ProgramServicesAmt097375
IRS990/PayrollTaxesGrp/TotalAmt0114732
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02705754
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04131754
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0589876
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0287200
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021046
IRS990/PrincipalOfficerNm0FRANK THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT PROGRAMS AND ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02166970
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19664
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02166970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19664
IRS990/ProgSrvcAccomActy2Grp/Desc0APPROXIMATELY 50% OF STUDENTS RECEIVE TUITION REDUCTIONS THROUGH THE GRYMES TUITION ASSISTANCE PROGRAM EACH YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0480651
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0480651
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0501657
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0404578
IRS990/PYInvestmentIncomeAmt0-266991
IRS990/PYOtherExpensesAmt0691190
IRS990/PYOtherRevenueAmt05840
IRS990/PYProgramServiceRevenueAmt02171549
IRS990/PYRevenuesLessExpensesAmt0-300568
IRS990/PYSalariesCompEmpBnftPaidAmt01616855
IRS990/PYTotalExpensesAmt02712623
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02412055
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01151288
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02176634
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.02000
IRS990ScheduleD/BuildingsGrp/BookValueAmt02338626
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01181237
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03519863
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt021455
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04263809
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01547774
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05316272
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-21536
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0452320

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.1$1.11$25.0$7.09$3.76$3.33
2023Detailed filing. Detailed filing data is available for this year.$21.4$0.69$20.7$6.65$3.72$2.93
2022Detailed filing. Detailed filing data is available for this year.$16.8$0.57$16.2$6.13$3.38$2.75
2021Detailed filing. Detailed filing data is available for this year.$17.2$0.60$16.6$5.07$3.22$1.85
2020Detailed filing. Detailed filing data is available for this year.$13.7$0.73$12.9$2.53$2.96$0.43
2019Detailed filing. Detailed filing data is available for this year.$13.8$0.66$13.2$4.37$2.86$1.51
2018Detailed filing. Detailed filing data is available for this year.$12.2$0.54$11.6$5.34$2.80$2.55
2017Detailed filing. Detailed filing data is available for this year.$9.42$0.45$8.98$3.58$2.77$0.82
2016Detailed filing. Detailed filing data is available for this year.$8.23$0.40$7.83$2.85$3.02$0.17
2015Detailed filing. Detailed filing data is available for this year.$8.75$0.39$8.35$4.07$2.92$1.15
2014Summary only. Only limited summary data is available for this year.$8.25$0.88$7.37$2.41$2.71$0.30
2013Summary only. Only limited summary data is available for this year.$7.54$0.76$6.78$2.69$2.52$0.17
2012Summary only. Only limited summary data is available for this year.$7.00$0.45$6.55$2.99$2.48$0.51
2011Summary only. Only limited summary data is available for this year.$6.44$0.46$5.98$4.71$2.31$2.40
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $5M-$10M nonprofits