Civic Intelligence

Selwyn School

EIN 75-0989569 • 501(c)3 • Argyle, TX

Profile

Founded in 1957, selwyn school is a prominent, independent day school serving k-12 students in north texas.

2270 Copper Canyon RoadArgyle, TX 76226

www.selwynschool.com

Siviq Scores

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

Liabilities / Assets

81st percentile

0.44x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.60x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

56th percentile

7.3%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

79th percentile

$135,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

32nd percentile

-2.2%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

64th percentile

17%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$4,980,257

Down $110,884 (-2.2%) from 2024

Liabilities

Down

$2,181,298

Down $375,458 (-15%) from 2024

Net Assets

Up

$2,798,959

Up $264,574 (+10%) from 2024

Revenue

Up

$3,623,831

Up $531,273 (+17%) from 2024

Expenses

Up

$3,359,257

Up $85,157 (+2.6%) from 2024

Net Income

Up

$264,574

Up $446,116 (+246%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $926,827Liabilities 2010: $985,158Net Assets 2010: -$58,3312010Assets 2011: $990,769Liabilities 2011: $1,007,014Net Assets 2011: -$16,2452011Assets 2012: $746,718Liabilities 2012: $926,806Net Assets 2012: -$180,0882012Assets 2013: $902,572Liabilities 2013: $170,352Net Assets 2013: $732,2202013Assets 2014: $882,504Liabilities 2014: $517,941Net Assets 2014: $364,5632014Assets 2015: $1,272,837Liabilities 2015: $768,360Net Assets 2015: $504,4772015Assets 2016: $1,020,051Liabilities 2016: $1,779,680Net Assets 2016: -$759,6292016Assets 2017: $1,062,063Liabilities 2017: $3,178,509Net Assets 2017: -$2,116,4462017Assets 2018: $4,806,618Liabilities 2018: $601,254Net Assets 2018: $4,205,3642018Assets 2019: $5,360,970Liabilities 2019: $1,207,302Net Assets 2019: $4,153,6682019Assets 2020: $5,141,229Liabilities 2020: $1,730,826Net Assets 2020: $3,410,4032020Assets 2021: $5,080,349Liabilities 2021: $1,965,643Net Assets 2021: $3,114,7062021Assets 2022: $5,288,849Liabilities 2022: $2,453,162Net Assets 2022: $2,835,6872022Assets 2023: $5,098,482Liabilities 2023: $2,382,555Net Assets 2023: $2,715,9272023Assets 2024: $5,091,141Liabilities 2024: $2,556,756Net Assets 2024: $2,534,3852024Assets 2025: $4,980,257Liabilities 2025: $2,181,298Net Assets 2025: $2,798,9592025

Highlighted filing

2025

Assets$4,980,257
Liabilities$2,181,298
Net Assets$2,798,959

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,269,0782010Expenses 2011: $2,181,0022011Expenses 2012: $2,352,3032012Expenses 2013: $2,349,0212013Revenue 2014: $1,971,363Expenses 2014: $2,339,020Net Income 2014: -$367,6572014Revenue 2015: $2,671,916Expenses 2015: $2,505,302Net Income 2015: $166,6142015Revenue 2016: $1,859,703Expenses 2016: $3,123,809Net Income 2016: -$1,264,1062016Revenue 2017: $1,080,594Expenses 2017: $2,437,411Net Income 2017: -$1,356,8172017Revenue 2018: $8,694,261Expenses 2018: $2,372,451Net Income 2018: $6,321,8102018Revenue 2019: $2,657,687Expenses 2019: $2,709,383Net Income 2019: -$51,6962019Revenue 2020: $2,012,595Expenses 2020: $2,755,860Net Income 2020: -$743,2652020Revenue 2021: $2,364,654Expenses 2021: $2,660,351Net Income 2021: -$295,6972021Revenue 2022: $2,575,609Expenses 2022: $2,854,628Net Income 2022: -$279,0192022Revenue 2023: $3,005,987Expenses 2023: $3,125,747Net Income 2023: -$119,7602023Revenue 2024: $3,092,558Expenses 2024: $3,274,100Net Income 2024: -$181,5422024Revenue 2025: $3,623,831Expenses 2025: $3,359,257Net Income 2025: $264,5742025

Highlighted filing

2025

Revenue$3,623,831
Expenses$3,359,257
Net Income$264,574

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.98$2.18$2.80$3.62$3.36$0.26
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$2.56$2.53$3.09$3.27$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.10$2.38$2.72$3.01$3.13$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$2.45$2.84$2.58$2.85$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.08$1.97$3.11$2.36$2.66$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$1.73$3.41$2.01$2.76$0.74
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.36$1.21$4.15$2.66$2.71$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$0.60$4.21$8.69$2.37$6.32
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$3.18$2.12$1.08$2.44$1.36
2016Summary only. Only limited summary data is available for this year.$1.02$1.78$0.76$1.86$3.12$1.26
2015Summary only. Only limited summary data is available for this year.$1.27$0.77$0.50$2.67$2.51$0.17
2014Summary only. Only limited summary data is available for this year.$0.88$0.52$0.36$1.97$2.34$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.17$0.73$2.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.93$0.18$2.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$1.01$0.02$2.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.99$0.06$2.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Feb 10, 2026
Return Version
2024v5.2
Gross Receipts
$3,746,499
Mission and Program Overview

Mission

Founded in 1957, selwyn school is a prominent, independent day school serving k-12 students in north texas.

Founded in 1957, selwyn school is a prominent, independent day school serving pre-k to 12 students in north texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,240,338$4,016,288▼ $224,050
Cash and Non-Interest-Bearing Accounts$458,518$482,236▲ $23,718
Accounts Receivable$55,397$276,576▲ $221,179
Loans From Officers Directors$245,000$254,000▲ $9,000
Pledges and Grants Receivable$259,029$85,378▼ $173,651
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,091,141$4,980,257▼ $110,884
Other Assets Total$77,859$119,779▲ $41,920
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,121,823$880,884▼ $240,939
Deferred Revenue$972,871$833,060▼ $139,811
Accounts Payable and Accrued Expenses$208,604$162,953▼ $45,651
Other Liabilities$8,458$50,401▲ $41,943
Total Liabilities$2,556,756$2,181,298▼ $375,458
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,529,385$2,764,936▲ $235,551
Net Assets With Donor Restrictions$5,000$34,023▲ $29,023
Total Net Assets Fund Balance$2,534,385$2,798,959▲ $264,574
Total Liabilities and Net Assets / Fund Balance$5,091,141$4,980,257▼ $110,884

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,908,641$819,271$4,727,912
Other Land Buildings-$298,760$298,760
Land$107,647-$107,647
Equipment-$32,079$32,079
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deborah HofHead of SchoolFT$135,000$135,000

Board Members and Trustees

NameTitle
Mathew BrownBoard Chair
Alan StuckyTrustee
Elizabeth KellerTrustee
James ParkerTrustee
Michael RubensteinTrustee
Darcy LovelessSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$136,548
Program Service Revenue
$2,935,753
Investment Income
$547,370
Other Revenue
$4,160
All Other Contributions
$106,857
Change in Net Assets
$264,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,063,142
Revenue Not Reported on Financial Statements
$560,689
Other Revenue Adjustments
$560,689
Total Revenue per Audited Statements
$3,063,142
Total Revenue per Form 990
$3,623,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,100,457
Other Expenses$698,111
Grants and Similar Amounts Paid$560,689
Total Fundraising Expense$2,654
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,173,965$483,842-$1,657,807
Grants to Domestic Individuals$560,689--$560,689
Other Employee Benefits$122,966$52,700-$175,666
Depreciation Depletion$98,276$42,118-$140,394
Occupancy$97,351$41,722-$139,073
Current Officers, Directors, Trustees, and Key Employees$81,000$54,000-$135,000
Payroll Taxes$92,389$39,595-$131,984
Interest$61,904$26,531-$88,435
Office Expenses-$72,327-$72,327
Information Technology$27,495$27,495-$54,990
Advertising-$32,778-$32,778
Fees for Services Other$11,433$17,397-$28,830
Fees for Services Legal-$13,500-$13,500
All Other Expenses$4,528$4,161-$8,689
Other Expenses$39,369$6,001$2,654$8,655
Total Functional Expenses$2,432,993$923,610$2,654$3,359,257

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,359,257
Expenses per Audited Statements$2,798,568
Total Expenses per Audited Statements$2,798,568
Expenses Not Reported on Financial Statements$560,689
Other Expense Adjustments$560,689
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,580
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
INT'L NIGHT$29,691-$11,580-
Total Events$29,691-$11,580$-11,580
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
Bruce BrownFamily MemberSale of School LandNo$600,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$245,000$254,000▲ $9,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$50,401
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 35% controlled entity
No
Business relationship with family members
Yes
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

The form 990 will be submitted to the board and leadership for review. Comments will be incorporated into the 990 as received, and then the board chairman will sign the form 990 for submission by the due date.

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

Regular board meetings are held with administrative leadership to discuss potential conflicts of interest. Any potential conflicts are evaluated, and if conflicts are identified, actions to cancel / remove conflict are executed.

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

The head of school's compensation is determined by the board of trustees in consultation with an education consultant and voted on by the board.

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

The head of school and director of strategy and operations determine appropriate compensation for new hires. The head of school reviews salaries for existing salaries with guidance from the director of strategy and operations. The head of school is the decision maker for this compensation.

Form 990, Part VI, Section C, Line 19

All governing documents are available in the business office for review by any person requesting them.

Form 990, Part VIII Income From Fundraising Events

The net economic benefit from our annual fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 29,691Less: Direct costs of events reported on part VIII, Line 8b (11,580) Net economic benefit of fundraising events $ 18,111

Filing and Contact Details

Filer

Filer Name
Selwyn School
EIN
75-0989569
Phone
9403826771
Address
2270 COPPER CANYON ROAD, ARGYLE, TX 76226

Signing Officer

Name
Mathew Brown
Title
Board Chair
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Hof
Formed
1957
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
51
Volunteers
15

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The School is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (Code) and has not been classified as a private foundation as defined in the Code. Income generated from activities unrelated to the Schools exempt purposes is subject to tax under Code Section 511. The School had no unrelated business income for the year ended May 31, 2025. Accordingly, no provision has been made for federal income tax. GAAP requires the evaluation of tax positions taken in the course of preparing the Schools tax returns and recognition of a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the School, and has concluded that as of May 31, 2025, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Scholarships/Remissions netted w tuition $560689

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Scholarships/remissions netted w tuition $560689

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IRS990/Desc0Selwyn is a non-sectarian, college-preparatory, independent school serving pre-school through grade 12 students. A member of the National Association of Independent Schools, Selwyn provides the most thoroughly individualized, comprehensive and developmentally appropriate array of student-focused experiences in North Texas. Our students grow into independent thinkers and creative problem solvers who are highly resilient, emotionally intelligent leaders prepared for effective citizenship in a global society. The small student/faculty ratio and challenging academic programs at all levels require students to do their best to find success and to develop self-discipline and self-reliance. Students are encouraged to think clearly, independently, and creatively as they develop their potential. The curriculum is sequentially structured and designed to impart knowledge, develop skills, stimulate curiosity, and nurture positive values so that learning and caring will become lifelong pursuits. The Lower School emphasizes a progressive development of knowledge and skills in a strong intellectual and social curriculum while giving individual attention so that pupils develop their full potential in all academic and social areas. To further develop independence, the Middle School (grades 5-8) refines academic skills by focusing on a high school preparatory curriculum while providing opportunities for exploration and participation. The Upper School (grades 9-12) provides a college preparatory education that encourages its students to strive for excellence in all that they do by fostering the skills and habits they will need to pursue their education after graduation. The faculty is committed to the overall growth of the students and guides them in developing progressively greater degrees of self-confidence and social awareness. Students have opportunities to learn from each other and to develop skills in the classroom, athletics, and school organizations. In a spirit of cooperation and service, the school helps to maintain and enhance the campus through regular activities and assists the local community through special projects. Working closely with parents, we encourage students to develop and share their varied gifts with others to benefit their community and the world.
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IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL RUBENSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIZABETH KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm5DARCY LOVELESS
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES PARKER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
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IRS990/MissionDesc0FOUNDED IN 1957, SELWYN SCHOOL IS A PROMINENT, INDEPENDENT DAY SCHOOL SERVING PRE-K TO 12 STUDENTS IN NORTH TEXAS.
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt052700
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0122966
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0175666
IRS990/OtherExpensesGrp/Desc0EDUCATION AND TRAINING
IRS990/OtherExpensesGrp/Desc1FIELD TRIPS
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09443
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16001
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IRS990/OtherExpensesGrp/ProgramServicesAmt139369
IRS990/OtherExpensesGrp/TotalAmt061628
IRS990/OtherExpensesGrp/TotalAmt139369
IRS990/OtherExpensesGrp/TotalAmt29443
IRS990/OtherExpensesGrp/TotalAmt38655
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IRS990/PayrollTaxesGrp/ProgramServicesAmt092389
IRS990/PayrollTaxesGrp/TotalAmt0131984
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IRS990/PrincipalOfficerNm0DEBORAH HOF
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IRS990/ProgramServiceRevenueGrp/Desc0AUXILIARY ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12851720
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0560689
IRS990ScheduleD/RevenueSubtotalAmt03063142
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (Code) and has not been classified as a private foundation as defined in the Code. Income generated from activities unrelated to the Schools exempt purposes is subject to tax under Code Section 511. The School had no unrelated business income for the year ended May 31, 2025. Accordingly, no provision has been made for federal income tax. GAAP requires the evaluation of tax positions taken in the course of preparing the Schools tax returns and recognition of a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the School, and has concluded that as of May 31, 2025, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Scholarships/Remissions netted w tuition $560689
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS/REMISSIONS NETTED W TUITION $560689
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03063142
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL OF OUR LITERATURE IS RACIALLY DIVERSE AND WORDING IS INCLUDED IN MOST ADVERTISEMENTS STRESSING OUR DIVERSE CULTURE. OUR STATEMENT OF NONDISCRIMINATION IS ALSO POSTED ON OUR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1293438
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt258221

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