Civic Intelligence

The Saint James School

EIN 63-0366280 • 501(c)3 • Montgomery, AL

Profile

Saint james school is an independent, non-sectarian, college preparatory school with a student body broadly representative of college-bound students.

6010 Vaughn RoadMontgomery, AL 36116

www.stjweb.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.35x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.49x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

47th percentile

3.5%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

34th percentile

0.4%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

4.9%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$20,736,839

Up $81,701 (+0.4%) from 2023

Liabilities

Down

$7,265,989

Down $523,859 (-6.7%) from 2023

Net Assets

Up

$13,470,850

Up $605,560 (+4.7%) from 2023

Revenue

Up

$14,744,056

Up $694,987 (+4.9%) from 2023

Expenses

Up

$14,228,420

Up $940,629 (+7.1%) from 2023

Net Income

Down

$515,636

Down $245,642 (-32%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $19,232,244Liabilities 2010: $9,465,099Net Assets 2010: $9,767,1452010Assets 2011: $18,946,494Liabilities 2011: $8,978,497Net Assets 2011: $9,967,9972011Assets 2012: $18,577,647Liabilities 2012: $9,358,746Net Assets 2012: $9,218,9012012Assets 2013: $18,658,363Liabilities 2013: $9,001,566Net Assets 2013: $9,656,7972013Assets 2014: $18,591,418Liabilities 2014: $8,600,468Net Assets 2014: $9,990,9502014Assets 2015: $17,840,135Liabilities 2015: $8,076,113Net Assets 2015: $9,764,0222015Assets 2016: $16,956,347Liabilities 2016: $7,697,814Net Assets 2016: $9,258,5332016Assets 2017: $17,069,163Liabilities 2017: $7,874,868Net Assets 2017: $9,194,2952017Assets 2018: $17,880,886Liabilities 2018: $7,901,245Net Assets 2018: $9,979,6412018Assets 2019: $17,538,924Liabilities 2019: $7,203,145Net Assets 2019: $10,335,7792019Assets 2020: $19,410,506Liabilities 2020: $9,624,823Net Assets 2020: $9,785,6832020Assets 2021: $20,780,388Liabilities 2021: $9,718,925Net Assets 2021: $11,061,4632021Assets 2022: $20,226,431Liabilities 2022: $8,288,981Net Assets 2022: $11,937,4502022Assets 2023: $20,655,138Liabilities 2023: $7,789,848Net Assets 2023: $12,865,2902023Assets 2024: $20,736,839Liabilities 2024: $7,265,989Net Assets 2024: $13,470,8502024

Highlighted filing

2024

Assets$20,736,839
Liabilities$7,265,989
Net Assets$13,470,850

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,500,6932010Expenses 2011: $9,538,4292011Revenue 2012: $9,336,605Expenses 2012: $9,869,581Net Income 2012: -$532,9762012Expenses 2013: $10,236,2372013Revenue 2014: $10,482,684Expenses 2014: $10,298,522Net Income 2014: $184,1622014Revenue 2015: $10,006,107Expenses 2015: $10,256,070Net Income 2015: -$249,9632015Revenue 2016: $9,840,794Expenses 2016: $10,294,991Net Income 2016: -$454,1972016Revenue 2017: $10,667,902Expenses 2017: $10,598,891Net Income 2017: $69,0112017Revenue 2018: $11,881,954Expenses 2018: $11,187,607Net Income 2018: $694,3472018Revenue 2019: $11,511,652Expenses 2019: $11,236,398Net Income 2019: $275,2542019Revenue 2020: $10,936,295Expenses 2020: $11,473,366Net Income 2020: -$537,0712020Revenue 2021: $13,797,320Expenses 2021: $13,024,434Net Income 2021: $772,8862021Revenue 2022: $14,109,405Expenses 2022: $12,812,878Net Income 2022: $1,296,5272022Revenue 2023: $14,049,069Expenses 2023: $13,287,791Net Income 2023: $761,2782023Revenue 2024: $14,744,056Expenses 2024: $14,228,420Net Income 2024: $515,6362024

Highlighted filing

2024

Revenue$14,744,056
Expenses$14,228,420
Net Income$515,636

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.7$7.27$13.5$14.7$14.2$0.52
2023Detailed filing. Detailed filing data is available for this year.$20.7$7.79$12.9$14.0$13.3$0.76
2022Detailed filing. Detailed filing data is available for this year.$20.2$8.29$11.9$14.1$12.8$1.30
2021Detailed filing. Detailed filing data is available for this year.$20.8$9.72$11.1$13.8$13.0$0.77
2020Detailed filing. Detailed filing data is available for this year.$19.4$9.62$9.79$10.9$11.5$0.54
2019Detailed filing. Detailed filing data is available for this year.$17.5$7.20$10.3$11.5$11.2$0.28
2018Detailed filing. Detailed filing data is available for this year.$17.9$7.90$9.98$11.9$11.2$0.69
2017Detailed filing. Detailed filing data is available for this year.$17.1$7.87$9.19$10.7$10.6$0.07
2016Detailed filing. Detailed filing data is available for this year.$17.0$7.70$9.26$9.84$10.3$0.45
2015Detailed filing. Detailed filing data is available for this year.$17.8$8.08$9.76$10.0$10.3$0.25
2014Detailed filing. Detailed filing data is available for this year.$18.6$8.60$9.99$10.5$10.3$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$9.00$9.66$10.2
2012Summary only. Only limited summary data is available for this year.$18.6$9.36$9.22$9.34$9.87$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$8.98$9.97$9.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$9.47$9.77$9.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 18, 2024
Return Version
2023v5.1
Gross Receipts
$15,471,648
Mission and Program Overview

Mission

Saint james school is an independent, non-sectarian, college preparatory school with a student body broadly representative of college-bound students.

College preparatory school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,050,298$7,917,951▼ $132,347
Savings and Temporary Cash Investments$5,696,703$5,839,222▲ $142,519
Cash and Non-Interest-Bearing Accounts$148,417$891,377▲ $742,960
Accounts Receivable$225,383$303,708▲ $78,325
Pledges and Grants Receivable$398,470$187,535▼ $210,935
Prepaid Expenses and Deferred Charges$31,021$26,512▼ $4,509
Total Assets$20,655,138$20,736,839▲ $81,701
Other Assets Total$6,104,846$5,570,534▼ $534,312
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,008,210$4,613,397▼ $394,813
Deferred Revenue$2,115,988$2,032,924▼ $83,064
Accounts Payable and Accrued Expenses$427,381$516,375▲ $88,994
Other Liabilities$238,269$103,293▼ $134,976
Total Liabilities$7,789,848$7,265,989▼ $523,859
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,676,480$12,346,198▲ $1,669,718
Net Assets With Donor Restrictions$2,188,810$1,124,652▼ $1,064,158
Total Net Assets Fund Balance$12,865,290$13,470,850▲ $605,560
Total Liabilities and Net Assets / Fund Balance$20,655,138$20,736,839▲ $81,701

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,912,377$4,090,761$9,003,138
Equipment$278,317$3,595,087$3,873,404
Other Land Buildings$300,093$2,278,325$2,578,418
Land$2,427,164-$2,427,164
Other Assets Org$5,570,534--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$811,826-▲ $238,008$117,000$932,834
2022$791,101-▲ $138,013$117,288$811,826
2021$1,178,862-▲ $68,598$456,359$791,101
2020$893,263-▲ $548,186$262,587$1,178,862
2019$1,043,680-▲ $95,763$246,180$893,263
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry MclemoreHead of SchoolFT$192,317$17,456$209,773

Board Members and Trustees

NameTitle
Dex MccainChairman
Michael JenkinsVice Chair
Ashley WareBoard Member
Brannan ReavesBoard Member
Cathy PearsonBoard Member
Charisse StokesBoard Member
Garnet TurnerBoard Member
Jon HandBoard Member
Jon KilloughBoard Member
Lindsey JinrightBoard Member
Molley CagleBoard Member
Sam ColsonBoard Member
Samarria DunsonSecretary
Jeri GroceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$374,758
Program Service Revenue
$13,983,113
Investment Income
$386,185
Other Revenue
$0
All Other Contributions
$374,758
Change in Net Assets
$515,636
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,800,276
Other Expenses$6,428,144
Total Fundraising Expense$48,064
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,797,370$1,742,252$30,909$6,570,531
Occupancy$598,749$84,084-$682,833
Payroll Taxes$332,548$156,272-$488,820
Other Expenses$399,059$49,826-$448,885
Other Employee Benefits$345,144$60,908-$406,052
Depreciation Depletion$351,256$43,858-$395,114
All Other Expenses$33,444$311,122$15,300$359,866
Insurance$181,198$58,319-$239,517
Current Officers, Directors, Trustees, and Key Employees$5,178$214,704-$219,882
Information Technology-$173,834-$173,834
Pension Plan Contributions$89,166$23,970$1,855$114,991
Interest-$105,303-$105,303
Fees for Services Other$100,625--$100,625
Advertising-$80,114-$80,114
Office Expenses$30,578$27,048-$57,626
Fees for Services Accounting-$45,785-$45,785
Conferences and Meetings$158$17,019-$17,177
Total Functional Expenses$10,956,091$3,224,265$48,064$14,228,420
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
Right of Use Assets-lease Liability$103,293
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 A, Line 6

Parents and guardians of enrolled students are members of the organization, during the period of their child's or ward's enrollment, and any non-parent elected to the board of directors is a member of the organization.

Form 990, Part VI, Section A, Line 8B

All board meetings are documented, but not all committee meetings are necessarily documented.

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

The organization's form 990 is reviewed by both the controller and headmaster before it is filed.

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

Any known or suspected conflicts of interest are investigated promptly by the board of directors, and appropriate action is taken.

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

The headmaster's compensation is determined by the board of directors. The headmaster determines compensation for all other school employees.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available on the organization's website or upon request.

Filing and Contact Details

Filer

Filer Name
The Saint James School
EIN
63-0366280
Phone
3342778033
Address
6010 VAUGHN ROAD, MONTGOMERY, AL 36116

Signing Officer

Name
Larry Mclemore
Title
Head of School
Phone
3342778033
Signed
2024-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Mclemore
Formed
1970
Legal Domicile
Al
Voting Board Members
15
Independent Board Members
14
Employees
242
Volunteers
0

Preparer

Firm
Cri Advisors LLC
Address
7550 HALCYON SUMMIT DRIVE, MONTGOMERY, AL 36117
Preparer
Phyllis S Ingram CPA
Phone
3342716678
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

Oil paintings by barbara gallagher and other artists serve to highlight and enhance students' art education.

PART V, LINE 4:

The endowment consists of two parts: the g. Stanley frazer general endowment and the saint james school scholarship endowment. The general endowment supports school programs and special projects designated by the board of directors. The scholarship endowment provides scholarships to deserving students who might not otherwise be able to afford a saint james school education.

PART X, LINE 2:

The school follows the provisions of fasb asc (accounting standards codification) no. 740, accounting for uncertainty in income taxes. The school has not recognized any respective liability for unrecognized tax benefits as it has no known tax positions that would subject the school to any material income tax exposure. The tax years that remain subject to examination are the years ended june 30, 2021 through 2024 for all major tax jurisdictions.

Raw XML AppendixShowing 400 of 560 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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