Civic Intelligence

The Winston School

990 • Fiscal year 2016 • EIN 75-1450819

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 22, 2017

Refreshing map…

5707 Royal LaneDallas, TX 75229

(214) 691-6950

Siviq Scores

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

Liabilities / Assets

38th percentile

0.13x

Higher debt load relative to assets than 38% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.29x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

84th percentile

25%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$184,476

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

37%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$14,725,619

Up $2,260,274 (+18%) from 2015

Net Assets

Up

$12,800,383

Up $1,663,013 (+15%) from 2015

Liabilities

Up

$1,925,236

Up $597,261 (+45%) from 2015

Revenue

Up

$6,740,938

Up $1,829,724 (+37%) from 2015

Expenses

Down

$5,078,025

Down $14,970 (-0.3%) from 2015

Net Income

Up

$1,662,913

Up $1,844,694 (+1015%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2013: $11,818,268Liabilities 2013: $1,319,342Net Assets 2013: $10,498,9262013Assets 2014: $12,427,218Liabilities 2014: $1,251,355Net Assets 2014: $11,175,8632014Assets 2015: $12,465,345Liabilities 2015: $1,327,975Net Assets 2015: $11,137,3702015Assets 2016: $14,725,619Liabilities 2016: $1,925,236Net Assets 2016: $12,800,3832016Assets 2017: $16,819,914Liabilities 2017: $3,291,457Net Assets 2017: $13,528,4572017Assets 2018: $16,719,053Liabilities 2018: $1,418,054Net Assets 2018: $15,300,9992018Assets 2019: $16,332,042Liabilities 2019: $1,488,070Net Assets 2019: $14,843,9722019Assets 2020: $16,232,653Liabilities 2020: $1,849,676Net Assets 2020: $14,382,9772020Assets 2021: $18,563,580Liabilities 2021: $1,214,587Net Assets 2021: $17,348,9932021Assets 2022: $16,489,429Liabilities 2022: $1,070,002Net Assets 2022: $15,419,4272022

Highlighted filing

2016

Assets$14,725,619
Liabilities$1,925,236
Net Assets$12,800,383

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2013: $5,446,5032013Revenue 2014: $5,379,804Expenses 2014: $5,522,754Net Income 2014: -$142,9502014Revenue 2015: $4,911,214Expenses 2015: $5,092,995Net Income 2015: -$181,7812015Revenue 2016: $6,740,938Expenses 2016: $5,078,025Net Income 2016: $1,662,9132016Revenue 2017: $5,252,965Expenses 2017: $5,213,436Net Income 2017: $39,5292017Revenue 2018: $6,864,080Expenses 2018: $5,572,219Net Income 2018: $1,291,8612018Revenue 2019: $4,979,806Expenses 2019: $5,870,962Net Income 2019: -$891,1562019Revenue 2020: $5,152,299Expenses 2020: $5,772,786Net Income 2020: -$620,4872020Revenue 2021: $7,498,456Expenses 2021: $6,350,211Net Income 2021: $1,148,2452021Revenue 2022: $5,658,935Expenses 2022: $6,723,070Net Income 2022: -$1,064,1352022

Highlighted filing

2016

Revenue$6,740,938
Expenses$5,078,025
Net Income$1,662,913
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 22, 2017
Return Version
2015v3.0
Gross Receipts
$6,796,751
Mission and Program Overview

Mission

The mission of the winston school is to realize the extraordinary potential of bright students who learn differently through individualized learning strategies and to prepare graduates for college-level work. The winston school provides a safe, supportive education environment, inspiring students' self-confidence and self-reliance with full parental involvement. A winston school education prepares all students for future challenges and accomplishments. The winston school contributes to the neighborhood and larger community through research, public awareness programs and by being a model for educational excellence.

The winston school mission statement:the mission of the winston school is to realize the extraordinary potential of bright students who learn differently through individualized learning strategies and to prepare graduates for college-level work.the winston school provides a safe, supportive educational environment, inspiring students'self-confidence and self-reliance with full parental involvement, a winston school education prepares all students for future challenges and accomplishments.the winston school contributes to the neighborhood and larger community through research, public awareness programs and by being a model for educational excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,118,574$5,855,359▼ $263,215
Land, Buildings, and Equipment, Net$2,502,470$4,573,549▲ $2,071,079
Cash and Non-Interest-Bearing Accounts$2,919,410$3,801,570▲ $882,160
Pledges and Grants Receivable$779,873$425,141▼ $354,732
Accounts Receivable$86,609$70,000▼ $16,609
Prepaid Expenses and Deferred Charges$28,409$0▼ $28,409
Total Assets$12,465,345$14,725,619▲ $2,260,274
Other Assets Total$30,000$0▼ $30,000
Liabilities
Accounts Payable and Accrued Expenses$227,578$1,032,627▲ $805,049
Deferred Revenue$1,091,807$892,609▼ $199,198
Other Liabilities$8,590$0▼ $8,590
Total Liabilities$1,327,975$1,925,236▲ $597,261
Net Assets / Fund Balance
Unrestricted Net Assets$3,143,864$6,083,237▲ $2,939,373
Permanently Rstr Net Assets$4,076,417$4,081,494▲ $5,077
Temporarily Rstr Net Assets$3,917,089$2,635,652▼ $1,281,437
Total Net Assets Fund Balance$11,137,370$12,800,383▲ $1,663,013
Total Liabilities and Net Assets / Fund Balance$12,465,345$14,725,619▲ $2,260,274

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,298,447$3,466,299-
Other Land Buildings$52,434$1,461,758-
Land$180,734--
Equipment$41,934$439,460-
Other Securities$5,855,359--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$6,118,574$5,077▼ $25,793$220,689$5,855,359
2015$6,086,763$21,133▲ $259,012$225,903$6,118,574
2014$5,371,160$6,212▲ $933,537$203,422$6,086,763
2013$4,853,560$50,356▲ $703,816$217,966$5,371,160
2012$4,983,539$28,818▲ $78,472$220,445$4,853,560
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ms Rebbie EvansHead of SchoolFT$150,000$34,476$184,476

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ueb BuildersGeneral Contractor4633 N CENTRAL EXPY 250, Dallas, TX 75205$1,182,529
Isas TrustHealth InsurancePO BOX 975085, Dallas, TX 75397$303,140
Sage DiningDining Services1402 YORK ROAD, Lutherville, MD 21093$239,935
TiaaRetirement Plan PaymentsPO BOX 935026, Atlanta, GA 31193$103,161
Revenue and Support

Revenue Composition

Contributions and Grants
$1,987,567
Program Service Revenue
$4,535,427
Investment Income
$100,634
Other Revenue
$117,310
All Other Contributions
$1,987,567
Change in Net Assets
$1,662,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,226,613
Revenue Not Reported on Financial Statements
$514,325
Revenue Not Reported on Form 990
$-126,427
Other Revenue Adjustments
$514,325
Total Revenue per Audited Statements
$6,100,186
Total Revenue per Form 990
$6,740,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,284,786
Other Expenses$1,278,914
Grants and Similar Amounts Paid$514,325
Total Fundraising Expense$162,014
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,749,324$901,246$130,532$2,781,102
Grants to Domestic Individuals$514,325--$514,325
Other Employee Benefits$146,712$75,586$10,947$233,245
Other Expenses$204,935$21,063$1,707$227,705
Payroll Taxes$143,712$61,991$11,016$216,719
Depreciation Depletion$171,471$20,707$1,679$193,857
Insurance$78,695$8,088$656$87,439
Pension Plan Contributions$33,790$17,409$2,521$53,720
Advertising-$41,205-$41,205
Fees for Services Accounting-$23,821-$23,821
Travel$4,147$6,693-$10,840
Total Functional Expenses$3,667,244$1,248,767$162,014$5,078,025

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,078,025
Expenses per Audited Statements$4,563,700
Total Expenses per Audited Statements$4,563,700
Expenses Not Reported on Financial Statements$514,325
Other Expense Adjustments$514,325
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$161,223
Fundraising Direct Expenses$55,813
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pta Gala$161,223$161,223$55,813$105,410
Total Events$161,223$161,223$55,813$105,410
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
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 11

The organization is required to provide a ten day period for proper due diligence and review by the board.

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

At the beginning of each school year, during the first board of trustees meeting, the trustees are provided a conflict of interest policy which the trustees review and sign. The policy is discussed and if anyone has an interest that could give rise to a conflict, then it is discussed at the meeting.

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

The board has an annual vote and elected compensation committee to decide the amounts of compensation of the head of school.

Form 990, Part VI, Section C, Line 19

The organization makes all of its governing documents, conflict of interest policy and financial statements available to the public upon written request. The organization asks for a period of 5 business days to properly deliver the requested documents to the interested parties.

Filing and Contact Details

Filer

Filer Name
The Winston School
EIN
75-1450819
Phone
2146916950
Address
5707 ROYAL LANE, DALLAS, TX 75229

Signing Officer

Name
Nancy Furney
Title
Chairman of the Board
Phone
2146916950
Signed
2017-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Furney
Formed
1974
Legal Domicile
TX
Voting Board Members
23
Independent Board Members
22
Employees
68
Volunteers
0

Preparer

Firm
Pmb Helin Donovan Llp
Address
5550 LBJ FREEWAY SUITE 750, DALLAS, TX 75240
Preparer
James D Hodges
Phone
9727885315
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Restatement of fiscal 2015 per audit report 126,527.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Reclassification of funds used for scholarships

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Reclassification of funds used for scholarships

PART XII LINE 2D AND PART XIII, LINE 4B:

Scholarships awarded are netted against tuition revenue in the audited financial statements. Parent teacher organization ("pto") expenses are netted against pto contribution revenue in the audited financial statements.

Raw XML AppendixShowing 400 of 670 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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IRS990/ActivityOrMissionDesc0THE WINSTON SCHOOL MISSION STATEMENT:THE MISSION OF THE WINSTON SCHOOL IS TO REALIZE THE EXTRAORDINARY POTENTIAL OF BRIGHT STUDENTS WHO LEARN DIFFERENTLY THROUGH INDIVIDUALIZED LEARNING STRATEGIES AND TO PREPARE GRADUATES FOR COLLEGE-LEVEL WORK.THE WINSTON SCHOOL PROVIDES A SAFE, SUPPORTIVE EDUCATIONAL ENVIRONMENT, INSPIRING STUDENTS'SELF-CONFIDENCE AND SELF-RELIANCE WITH FULL PARENTAL INVOLVEMENT, A WINSTON SCHOOL EDUCATION PREPARES ALL STUDENTS FOR FUTURE CHALLENGES AND ACCOMPLISHMENTS.THE WINSTON SCHOOL CONTRIBUTES TO THE NEIGHBORHOOD AND LARGER COMMUNITY THROUGH RESEARCH, PUBLIC AWARENESS PROGRAMS AND BY BEING A MODEL FOR EDUCATIONAL EXCELLENCE.
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IRS990/Form990PartVIISectionAGrp/PersonNm2DR STEPHANIE AL OTAIBA
IRS990/Form990PartVIISectionAGrp/PersonNm3EMILY CORRIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER CORRIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN HART JR MD
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHNNY M HEA
IRS990/Form990PartVIISectionAGrp/PersonNm8MELISSA R STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHELLE EARLY
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IRS990/Form990PartVIISectionAGrp/PersonNm11NANCY K BEST
IRS990/Form990PartVIISectionAGrp/PersonNm12DR RAY H MARR
IRS990/Form990PartVIISectionAGrp/PersonNm13RHEA M WOLFRAM
IRS990/Form990PartVIISectionAGrp/PersonNm14RICHARD FINLAY
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT S HAYS
IRS990/Form990PartVIISectionAGrp/PersonNm16TERRI ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm17VIRGINIA L PETTEY
IRS990/Form990PartVIISectionAGrp/PersonNm18WILL MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM H MOORE MD
IRS990/Form990PartVIISectionAGrp/PersonNm20DR SHANTAL SPURDON
IRS990/Form990PartVIISectionAGrp/PersonNm21JOSH FEFERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22JEFF GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm23HOLLY MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm24MS REBBIE EVANS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8OFFICER - SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10OFFICER - CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15OFFICER - TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24HEAD OF SCHOOL
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IRS990/FormationYr01974
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IRS990/FSAuditedInd01
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0SEE SCHEDULE OTHE WINSTON SCHOOL MISSION STATEMENT:THE MISSION OF THE WINSTON SCHOOL IS TO REALIZE THE EXTRAORDINARY POTENTIAL OF BRIGHT STUDENTS WHO LEARN DIFFERENTLY THROUGH INDIVIDUALIZED LEARNING STRATEGIES AND TO PREPARE GRADUATES FOR COLLEGE-LEVEL WORK.THE WINSTON SCHOOL PROVIDES A SAFE, SUPPORTIVE EDUCATIONAL ENVIRONMENT, INSPIRING STUDENTS'SELF-CONFIDENCE AND SELF-RELIANCE WITH FULL PARENTAL INVOLVEMENT, A WINSTON SCHOOL EDUCATION PREPARES ALL STUDENTS FOR FUTURE CHALLENGES AND ACCOMPLISHMENTS.THE WINSTON SCHOOL CONTRIBUTES TO THE NEIGHBORHOOD AND LARGER COMMUNITY THROUGH RESEARCH, PUBLIC AWARENESS PROGRAMS AND BY BEING A MODEL FOR EDUCATIONAL EXCELLENCE.
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER ACTIVITIES AND S
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04093519

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