Civic Intelligence

Gray Stone Educational Foundation Inc.

990 • Fiscal year 2017 • EIN 56-2211005

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 25, 2018

Organization ProfileWWW.GRAYSTONEDAY.ORG
PO Box 650Misenheimer, NC 28109

(704) 463-0567

Siviq Scores

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

Liabilities / Assets

76th percentile

0.71x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

2.03x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Net Margin

70th percentile

9.7%

Higher net margin than 70% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

29th percentile

$89,890

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2017 filings • NTEE B • $10M-$25M nonprofits • Source year 2017

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

9.3%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$11,497,370

Up $1,559,391 (+16%) from 2016

Net Assets

Up

$3,344,840

Up $387,257 (+13%) from 2016

Liabilities

Up

$8,152,530

Up $1,172,134 (+17%) from 2016

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin70th percentile

Revenue

Up

$4,011,383

Up $341,295 (+9.3%) from 2016

Expenses

Up

$3,624,126

Up $393,460 (+12%) from 2016

Net Income

Down

$387,257

Down $52,165 (-12%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$30M$20M$10M$0Assets 2011: $9,300,027Liabilities 2011: $5,517,971Net Assets 2011: $3,782,0562011Assets 2012: $9,248,173Liabilities 2012: $5,444,504Net Assets 2012: $3,803,6692012Assets 2013: $10,301,285Liabilities 2013: $6,854,862Net Assets 2013: $3,446,4232013Assets 2014: $9,974,588Liabilities 2014: $6,728,285Net Assets 2014: $3,246,3032014Assets 2015: $9,722,640Liabilities 2015: $7,204,479Net Assets 2015: $2,518,1612015Assets 2016: $9,937,979Liabilities 2016: $6,980,396Net Assets 2016: $2,957,5832016Assets 2017: $11,497,370Liabilities 2017: $8,152,530Net Assets 2017: $3,344,8402017Assets 2018: $15,409,384Liabilities 2018: $15,128,002Net Assets 2018: $281,3822018Assets 2019: $19,465,817Liabilities 2019: $18,836,559Net Assets 2019: $629,2582019Assets 2020: $20,453,371Liabilities 2020: $20,230,428Net Assets 2020: $222,9432020Assets 2021: $19,949,952Liabilities 2021: $18,737,992Net Assets 2021: $1,211,9602021Assets 2022: $16,754,071Liabilities 2022: $14,552,588Net Assets 2022: $2,201,4832022Assets 2023: $15,116,741Liabilities 2023: $11,946,963Net Assets 2023: $3,169,7782023Assets 2024: $14,788,403Liabilities 2024: $11,453,581Net Assets 2024: $3,334,8222024

Highlighted filing

2017

Assets$11,497,370
Liabilities$8,152,530
Net Assets$3,344,840
Open 2017 Filing

Operations Trend

Revenue Growth60th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,479,817Expenses 2011: $2,195,981Net Income 2011: $283,8362011Revenue 2012: $2,548,855Expenses 2012: $2,527,242Net Income 2012: $21,6132012Revenue 2013: $2,801,609Expenses 2013: $3,069,855Net Income 2013: -$268,2462013Revenue 2014: $2,985,574Expenses 2014: $3,185,694Net Income 2014: -$200,1202014Revenue 2015: $2,930,572Expenses 2015: $3,178,738Net Income 2015: -$248,1662015Revenue 2016: $3,670,088Expenses 2016: $3,230,666Net Income 2016: $439,4222016Revenue 2017: $4,011,383Expenses 2017: $3,624,126Net Income 2017: $387,2572017Revenue 2018: $6,357,854Expenses 2018: $5,332,999Net Income 2018: $1,024,8552018Revenue 2019: $6,886,748Expenses 2019: $6,538,872Net Income 2019: $347,8762019Revenue 2020: $6,765,212Expenses 2020: $7,171,527Net Income 2020: -$406,3152020Revenue 2021: $7,624,974Expenses 2021: $6,635,957Net Income 2021: $989,0172021Revenue 2022: $7,493,327Expenses 2022: $6,503,804Net Income 2022: $989,5232022Revenue 2023: $7,487,489Expenses 2023: $6,519,194Net Income 2023: $968,2952023Revenue 2024: $7,542,851Expenses 2024: $7,377,807Net Income 2024: $165,0442024

Highlighted filing

2017

Revenue$4,011,383
Expenses$3,624,126
Net Income$387,257
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 25, 2018
Return Version
2016v3.0
Gross Receipts
$4,011,383
Mission and Program Overview

Mission

Provide facilities, teachers, and materials to students enrolled at a public charter school

To operate a charter school in north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,211,524$9,137,691▲ $926,167
Pd in Cap Srpls Land Bldg Eqp Fund$1,742,536$2,529,831▲ $787,295
Cash and Non-Interest-Bearing Accounts$1,324,680$1,247,600▼ $77,080
Cap Stk Tr Prin Current Funds$245,797$563,738▲ $317,941
Pledges and Grants Receivable$222,642$401,868▲ $179,226
Rtn Earn Endowment Incm Other Fnds$969,250$251,271▼ $717,979
Accounts Receivable$18,213$46,956▲ $28,743
Total Assets$9,937,979$11,497,370▲ $1,559,391
Other Assets Total$160,920$663,255▲ $502,335
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,468,988$6,607,860▲ $138,872
Other Liabilities$504,253$1,041,080▲ $536,827
Accounts Payable and Accrued Expenses$7,155$503,590▲ $496,435
Total Liabilities$6,980,396$8,152,530▲ $1,172,134
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,957,583$3,344,840▲ $387,257
Total Liabilities and Net Assets / Fund Balance$9,937,979$11,497,370▲ $1,559,391

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,139,453$1,846,676-
Other Land Buildings$1,233,141--
Land$686,830--
Equipment$78,267$420,404-
Other Assets Org$663,255--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Helen NanceChief Administrative OfficFT$89,890$89,890

Board Members and Trustees

NameTitle
Stephen ChambersChairman of the Board
Andrew BurlesonBoard Member
Charles ParnellBoard Member
Dawn LucasBoard Member
Jim HillierBoard Member
Pat BramlettBoard Member
Ron GarrowBoard Member
Stan BowersBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,005,055
Program Service Revenue
$0
Investment Income
$6,328
Other Revenue
$0
All Other Contributions
$718,622
Change in Net Assets
$387,257

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,011,383
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,011,383
Total Revenue per Form 990
$4,011,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,289,332
Other Expenses$1,334,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,186,509$422,845-$1,609,354
Depreciation Depletion$299,588$33,288-$332,876
Interest-$322,611-$322,611
Pension Plan Contributions$172,713$74,020-$246,733
Other Employee Benefits$153,346$65,720-$219,066
Payroll Taxes$87,002$37,287-$124,289
Current Officers, Directors, Trustees, and Key Employees-$89,890-$89,890
Other Expenses$59,932$0-$59,932
Fees for Services Accounting-$52,075-$52,075
Insurance-$31,444-$31,444
Information Technology$11,262$4,827-$16,089
Office Expenses-$13,485-$13,485
Conferences and Meetings$10,687--$10,687
Total Functional Expenses$2,270,464$1,353,662$0$3,624,126

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,624,126
Total Expenses per Audited Statements$3,624,126
Total Expenses per Form 990$3,624,126
Expenses Not Reported on Financial Statements$0
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$966,896
Deferred Inflows of Resources$74,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 11B

“A draft copy of the 990 return was sent to the board of directors for review before it was filed.”

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

“Each member of the board of directors signs a conflict of interest policy each year.”

Form 990, Part VI, Section B, Line 15A

“The board of directors reviewed comparable salary data to determine chief administrator's salary.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available for public inspection at the oranization's office upon request. Organization staff are available to provide supervision and answer any questions the inquiring party may have.”

Filing and Contact Details

Filer

Filer Name
Gray Stone Educational Foundation Inc
EIN
56-2211005
Phone
7044630567
Address
PO BOX 650, MISENHEIMER, NC 28109

Signing Officer

Name
Helen Nance
Title
Chief Administrator
Phone
7048504201
Signed
2018-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Nance
Formed
2003
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
69
Volunteers
35

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Samuel M Leder CPA
Phone
7047868189
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0401868
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0HELEN NANCE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03668745
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01343
IRS990/PYOtherExpensesAmt01234412
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0439422
IRS990/PYSalariesCompEmpBnftPaidAmt01996254
IRS990/PYTotalExpensesAmt03230666
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03670088
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0387257
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0969250
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0251271
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/BuildingsGrp/BookValueAmt07139453
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01846676
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt08986129
IRS990ScheduleD/EquipmentGrp/BookValueAmt078267
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0420404
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0498671
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03624126
IRS990ScheduleD/LandGrp/BookValueAmt0686830
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0686830
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0663255
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01233141
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01233141
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0966896
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt174184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04011383
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09137691
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0663255
IRS990ScheduleD/TotalExpensesPerForm990Amt03624126
IRS990ScheduleD/TotalLiabilityAmt01041080
IRS990ScheduleD/TotalRevenuePerForm990Amt04011383
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04011383
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03624126
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS INCLUDED IN THE ORGANIZATION'S STATEMENT OF PURPOSE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FEDERAL AND STATE ASSISTANCE THROUGH THE STATE BOARD OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 RETURN WAS SENT TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST POLICY EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWED COMPARABLE SALARY DATA TO DETERMINE CHIEF ADMINISTRATOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORANIZATION'S OFFICE UPON REQUEST. ORGANIZATION STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09937979
IRS990/TotalAssetsEOYAmt011497370
IRS990/TotalAssetsGrp/BOYAmt09937979
IRS990/TotalAssetsGrp/EOYAmt011497370
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04005055
IRS990/TotalEmployeeCnt069
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01353662
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02270464
IRS990/TotalFunctionalExpensesGrp/TotalAmt03624126
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06980396
IRS990/TotalLiabilitiesEOYAmt08152530
IRS990/TotalLiabilitiesGrp/BOYAmt06980396
IRS990/TotalLiabilitiesGrp/EOYAmt08152530
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02957583
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03344840
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02270464
IRS990/TotalReportableCompFromOrgAmt089890
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06328
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04011383
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09937979
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011497370
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 650
IRS990/USAddress/CityNm0MISENHEIMER
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028109
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GRAYSTONEDAY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HELEN NANCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07048504201
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAY STONE EDUCATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA GRAY STONE DAY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0562211005
ReturnHeader/Filer/PhoneNum07044630567
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 650
ReturnHeader/Filer/USAddress/CityNm0MISENHEIMER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,497,370
Liabilities
$8,152,530
Net assets
$3,344,840
Revenue
$4,011,383
Expenses
$3,624,126
Net income
$387,257
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$11.5$3.33$7.54$7.38$0.17
2023Detailed filing. Detailed filing data is available for this year.$15.1$11.9$3.17$7.49$6.52$0.97
2022Detailed filing. Detailed filing data is available for this year.$16.8$14.6$2.20$7.49$6.50$0.99
2021Detailed filing. Detailed filing data is available for this year.$19.9$18.7$1.21$7.62$6.64$0.99
2020Detailed filing. Detailed filing data is available for this year.$20.5$20.2$0.22$6.77$7.17$0.41
2019Detailed filing. Detailed filing data is available for this year.$19.5$18.8$0.63$6.89$6.54$0.35
2018Detailed filing. Detailed filing data is available for this year.$15.4$15.1$0.28$6.36$5.33$1.02
2017Detailed filing. Detailed filing data is available for this year.$11.5$8.15$3.34$4.01$3.62$0.39
2016Detailed filing. Detailed filing data is available for this year.$9.94$6.98$2.96$3.67$3.23$0.44
2015Detailed filing. Detailed filing data is available for this year.$9.72$7.20$2.52$2.93$3.18$0.25
2014Detailed filing. Detailed filing data is available for this year.$9.97$6.73$3.25$2.99$3.19$0.20
2013Summary only. Only limited summary data is available for this year.$10.3$6.85$3.45$2.80$3.07$0.27
2012Summary only. Only limited summary data is available for this year.$9.25$5.44$3.80$2.55$2.53$0.02
2011Summary only. Only limited summary data is available for this year.$9.30$5.52$3.78$2.48$2.20$0.28