Civic Intelligence

The Athenian School

990 • Fiscal year 2020 • EIN 94-6070808

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 02, 2021

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2100 MT Diablo Scenic BlvdDanville, CA 94506

(925) 837-5375

Siviq Scores

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

Liabilities / Assets

61st percentile

0.40x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.91x

Higher debt load relative to revenue than 71% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

61st percentile

7.8%

Higher net margin than 61% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$792,918

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

24th percentile

-0.8%

Faster asset growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

13%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Down

$65,499,173

Down $521,142 (-0.8%) from 2019

Net Assets

Up

$39,512,383

Up $1,917,007 (+5.1%) from 2019

Liabilities

Down

$25,986,790

Down $2,438,149 (-8.6%) from 2019

Revenue

Up

$28,642,574

Up $3,327,210 (+13%) from 2019

Expenses

Up

$26,395,503

Up $501,124 (+1.9%) from 2019

Net Income

Up

$2,247,071

Up $2,826,086 (+488%) from 2019

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $26,816,762Liabilities 2011: $8,153,647Net Assets 2011: $18,663,1152011Assets 2012: $27,641,064Liabilities 2012: $7,851,897Net Assets 2012: $19,789,1672012Assets 2013: $29,415,143Liabilities 2013: $8,645,840Net Assets 2013: $20,769,3032013Assets 2014: $31,226,589Liabilities 2014: $8,625,287Net Assets 2014: $22,601,3022014Assets 2015: $36,638,675Liabilities 2015: $9,592,531Net Assets 2015: $27,046,1442015Assets 2016: $43,012,030Liabilities 2016: $10,988,289Net Assets 2016: $32,023,7412016Assets 2017: $52,675,772Liabilities 2017: $16,637,631Net Assets 2017: $36,038,1412017Assets 2018: $64,269,813Liabilities 2018: $26,401,511Net Assets 2018: $37,868,3022018Assets 2019: $66,020,315Liabilities 2019: $28,424,939Net Assets 2019: $37,595,3762019Assets 2020: $65,499,173Liabilities 2020: $25,986,790Net Assets 2020: $39,512,3832020Assets 2021: $75,813,234Liabilities 2021: $35,846,948Net Assets 2021: $39,966,2862021Assets 2022: $74,556,032Liabilities 2022: $37,283,645Net Assets 2022: $37,272,3872022Assets 2023: $75,277,742Liabilities 2023: $38,104,112Net Assets 2023: $37,173,6302023Assets 2024: $76,633,228Liabilities 2024: $39,642,920Net Assets 2024: $36,990,3082024Assets 2025: $77,670,926Liabilities 2025: $39,967,438Net Assets 2025: $37,703,4882025

Highlighted filing

2020

Assets$65,499,173
Liabilities$25,986,790
Net Assets$39,512,383

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $15,715,5612011Expenses 2012: $16,414,2862012Expenses 2013: $17,222,6912013Revenue 2014: $19,466,890Expenses 2014: $18,384,554Net Income 2014: $1,082,3362014Revenue 2015: $23,560,164Expenses 2015: $18,807,274Net Income 2015: $4,752,8902015Revenue 2016: $24,991,477Expenses 2016: $19,427,006Net Income 2016: $5,564,4712016Revenue 2017: $25,898,087Expenses 2017: $21,516,837Net Income 2017: $4,381,2502017Revenue 2018: $25,564,279Expenses 2018: $24,115,268Net Income 2018: $1,449,0112018Revenue 2019: $25,315,364Expenses 2019: $25,894,379Net Income 2019: -$579,0152019Revenue 2020: $28,642,574Expenses 2020: $26,395,503Net Income 2020: $2,247,0712020Revenue 2021: $26,904,063Expenses 2021: $28,534,859Net Income 2021: -$1,630,7962021Revenue 2022: $29,851,668Expenses 2022: $30,209,190Net Income 2022: -$357,5222022Revenue 2023: $31,255,462Expenses 2023: $32,140,820Net Income 2023: -$885,3582023Revenue 2024: $33,220,327Expenses 2024: $34,615,084Net Income 2024: -$1,394,7572024Revenue 2025: $35,003,077Expenses 2025: $35,338,672Net Income 2025: -$335,5952025

Highlighted filing

2020

Revenue$28,642,574
Expenses$26,395,503
Net Income$2,247,071
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 2, 2021
Return Version
2019v5.2
Gross Receipts
$29,638,618
Mission and Program Overview

Mission

for a life of purpose and personal fulfillment. The School offers a challenging academic program with a difference. Intellectrual inquiry is active, learning is interactive.

The athenian school is a co-educational, independent, not-for-profit school serving grades 6 through 12. The athenian school prepares students for the rigorous expectations of college and for a life of purpose and personal fulfillment. The school offers a challenging academic program with a difference. Intellectual inquiry is active. Learning is interactive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$36,045,532$35,132,224▼ $913,308
Savings and Temporary Cash Investments$17,416,006$18,913,441▲ $1,497,435
Investments in Publicly Traded Securities$9,977,928$9,531,049▼ $446,879
Pledges and Grants Receivable$1,670,607$750,749▼ $919,858
Prepaid Expenses and Deferred Charges$527,335$613,500▲ $86,165
Accounts Receivable$194,300$349,404▲ $155,104
Cash and Non-Interest-Bearing Accounts$188,607$208,806▲ $20,199
Total Assets$66,020,315$65,499,173▼ $521,142
Liabilities
Tax Exempt Bond Liabilities$14,110,953$12,815,808▼ $1,295,145
Deferred Revenue$12,882,412$11,932,888▼ $949,524
Accounts Payable and Accrued Expenses$1,315,065$1,143,727▼ $171,338
Other Liabilities$116,509$94,367▼ $22,142
Total Liabilities$28,424,939$25,986,790▼ $2,438,149
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,926,139$33,143,447▲ $3,217,308
Net Assets With Donor Restrictions$7,669,237$6,368,936▼ $1,300,301
Total Net Assets Fund Balance$37,595,376$39,512,383▲ $1,917,007
Total Liabilities and Net Assets / Fund Balance$66,020,315$65,499,173▼ $521,142

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,667,891$16,907,458$51,575,349
Equipment$101,945$1,361,099$1,463,044
Other Land Buildings$200,776$931,477$1,132,253
Land$161,612-$161,612

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$7,818,903$22,447▼ $18,610$391,791$7,430,949
2018$7,740,504$148,364▲ $306,011$375,976$7,818,903
2017$7,649,098$63,863▲ $395,498$367,955$7,740,504
2016$7,352,320$17,045▲ $646,108$366,375$7,649,098
2015$7,878,687$19,912▼ $178,091$368,188$7,352,320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric NilesHead of SchoolFT$633,310$159,608$792,918
Leslie LucasChief Operating OfficerFT$209,782$46,494$256,276
Shoshana ZiblattDirector of AdvancementFT$165,349$19,732$185,081
Lauren RaileyHead of Middle SchoolFT$146,806$20,948$167,754
Louis TulloDirector of Educational Tech.FT$138,533$21,118$159,651
Amy WintermeyerHead of Upper SchoolFT$136,400$20,335$156,735
Gabriel Del RealDean of Academic Curric.FT$130,507$10,794$141,301

Board Members and Trustees

NameTitle
Beth BorchersBoard Chair
Joshua FreemanBoard Vice-chair
Angel LewisBoard Member
Antonio DominguezBoard Member
Catherie YewellBoard Member
Esha RayBoard Member
Geetika GoelBoard Member
Guy HenshawBoard Member
Jazy ZhangBoard Member
John KohlerBoard Member
Kathy TorruBoard Member
Laura VictorinoBoard Member
Lizzie MiskovetzBoard Member
Lori KeithBoard Member
Matthew OkazakiBoard Member
Michael ConnollyBoard Member
Michael KnierimBoard Member
Monica StreiferBoard Member
Nancy AndersonBoard Member
Russell PattonBoard Member
Ruth Winchell-moyesBoard Member
Susan ReckersBoard Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Ssc Service SolutionsFacilities Service1845 MIDPARK ROAD SUITE 201, Knoxville, TN 37921$1,525,517
Epicurean GroupFood Service111 MAIN STREET SUITE 3, Los Alto, CA 94022$996,533
WorldstridesInstruction Trip Planning AgentPO BOX 9033, Charlottesville, VA 22906$294,989
Planned Environments INCField RenovationPO BOX 1219, Danville, CA 94506$205,850
Green Valley Structural INCFoundation Repair And Replacement111 VERDE MESA DRIVE, Danville, CA 94526$205,595
Revenue and Support

Revenue Composition

Contributions and Grants
$3,464,710
Program Service Revenue
$24,890,560
Investment Income
$274,643
Other Revenue
$12,661
All Other Contributions
$1,062,010
Change in Net Assets
$2,247,071

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$63,654Fair Market Value (FMV)
Total Noncash Contributions5$63,654-

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,069,035
Revenue Not Reported on Financial Statements
$3,573,539
Revenue Not Reported on Form 990
$-330,064
Other Revenue Adjustments
$3,514,030
Total Revenue per Audited Statements
$24,738,971
Total Revenue per Form 990
$28,642,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,817,485
Other Expenses$9,063,988
Grants and Similar Amounts Paid$3,514,030
Total Fundraising Expense$882,202
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,362,232$2,325,294$473,285$10,160,811
Grants to Domestic Individuals$3,514,030--$3,514,030
Depreciation Depletion$2,293,334$289,962$52,720$2,636,016
Occupancy$1,859,847$288,572$43,689$2,192,108
Other Employee Benefits$1,239,996$219,289$55,656$1,514,941
Payroll Taxes$613,137$154,369$35,661$803,167
Current Officers, Directors, Trustees, and Key Employees$53,744$645,806$80,616$780,166
Pension Plan Contributions$448,420$86,527$23,453$558,400
Office Expenses$55,577$425,079$13,353$494,009
Interest$382,726$59,594$11,058$453,378
Information Technology$269,101--$269,101
Insurance-$243,391-$243,391
Other Expenses$204,860--$204,860
Fees for Services Other-$93,287$36,781$130,068
Advertising-$62,526$51,607$114,133
Fees for Services Accounting-$62,920-$62,920
Fees for Service Investment Mgmnt Fees-$59,509-$59,509
Fees for Services Management-$58,152-$58,152
Conferences and Meetings-$41,775$4,323$46,098
Fees for Services Legal-$35,950-$35,950
Total Functional Expenses$20,361,299$5,152,002$882,202$26,395,503

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$26,395,503
Expenses per Audited Statements$22,821,964
Total Expenses per Audited Statements$22,821,964
Expenses Not Reported on Financial Statements$3,573,539
Other Expense Adjustments$3,514,030
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
Funds Held in Trust$86,567
Deposits$7,800

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Enterprise Development Authority2015-08-26$16,400,000CAPITAL PROJECTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$16,400,000-$3,584,192$257,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 is prepared by an outside tax professional. The form is then reviewed by the organization's management and at least two members of the board of trustees. This group of individuals then discusses the contents of the return with the outside tax professional. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990, which is then e-filed with the internal revenue service.

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

Members of the board of trustees review all potential conflicts of interest at least annually. The head of schools and all board members are required to disclose (in writing) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Section B, Line 15

Members of the board of trustees review the compensation of all high-level (key executive) personnel annually in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures. Compensation of other personnel and key employees is reviewed at least annually by members of management. Efforts are made to secure compensation data from industry sources (such as other private schools) in order to determine competitiveness and appropriateness of salaries and all related benefits. All deicisions are then documented in personnel files.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are available for physical inspection at the organization's office in danville, california.

Filing and Contact Details

Filer

Filer Name
The Athenian School
EIN
94-6070808
Phone
9258375375
Address
2100 MT DIABLO SCENIC BLVD, DANVILLE, CA 94506

Signing Officer

Name
Eric F Niles
Title
Head of School
Phone
9258375375
Signed
2021-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric F Niles
Formed
1961
Legal Domicile
CA
Voting Board Members
22
Independent Board Members
22
Employees
259
Volunteers
100

Preparer

Firm
Armanino Llp
Address
12657 ALCOSTA BLVD STE 500, SAN RAMON, CA 94583-4600
Preparer
Katy Brown
Phone
9257902600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss on uncollectible pledges -78,330.

Form 990, Part XII, Line 2C

This process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The endowment funds represent donor contributions that are subject to restrictions of gift instruments requiring that the principal be invested in perpetuity. By law, and in accordance with upmifa, the athenian school is permitted to transfer all interest and realized/unrealized gains to unrestricted net assets.

PART X, LINE 2:

The school is a qualified organization exempt from federal and california income taxes under the provisions of 501(c)(3) of the internal revenue code ("irc") and 23701(d) of the california revenue and taxation code. As such, the school qualifies for the maximum charitable contribution deduction by donors. The school has evaluated its current tax positions and has concluded that as of june 30, 2020, the school does not have any significant uncertain tax positions for which a reserve would be necessary.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Loss on uncollectible pledges -78,330.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Tuition assistance 3,514,030.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Tuition assistance 3,514,030.

Raw XML AppendixShowing 400 of 883 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 ATHENIAN SCHOOL IS A CO-EDUCATIONAL, INDEPENDENT, NOT-FOR-PROFIT SCHOOL SERVING GRADES 6 THROUGH 12. THE ATHENIAN SCHOOL PREPARES STUDENTS FOR THE RIGOROUS EXPECTATIONS OF COLLEGE AND FOR A LIFE OF PURPOSE AND PERSONAL FULFILLMENT. THE SCHOOL OFFERS A CHALLENGING ACADEMIC PROGRAM WITH A DIFFERENCE. INTELLECTUAL INQUIRY IS ACTIVE. LEARNING IS INTERACTIVE.
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IRS990/Desc0THE ATHENIAN SCHOOL OPERATES A UNIQUE PRIVATE EDUCATION FOR STUDENTS FROM GRADES 6 THROUGH 8 (MIDDLE SCHOOL) AND GRADES 9 THROUGH 12 (HIGH SCHOOL). THE ATHENIAN SCHOOL CULTIVATES THE PERSONAL QUALITIES OF EACH STUDENT TO BECOME AN INTEGRATED HUMAN BEING WITH INTEGRITY, STRONG MORAL CHARACTER, AESTHETIC SENSITIVITY, AND PHYSICAL WELL BEING. THE ATHENIAN COMMUNITY REQUIRES STUDENTS TO FACE LIFE DIRECTLY THROUGH OPEN COMMUNICATION, WHILE DEVELOPING THEIR INNER STRENGTH TO EXCEED THEIR PERCEIVED POTENTIAL AND EMERGE COMPASSIONATE, RESPONSIBLE ADULTS. THE ATHENIAN SCHOOL INSTILLS AN APPRECATION OF THE RECIPROCAL RELATIONSHIP BETWEEN THE INDIVIDUAL AND CULTURES, SOCIETY AND THE NATURAL WORLD. THE ATHENIAN SCHOOL VALUES THE POWER AND BEAUTY OF MULTICULTURALISM WITHIN OUR DIVERSE COMMUNITY.THE ATHENIAN SCHOOL EMBRACES THE PRINCIPLES OF DEMOCRATIC GOVERANCE, STEWARDSHIP OF THE ENVIRONMENT, RESPECT FOR HUMAN DIGNITY, AND SERVICE AS A WAY OF LIFE BY PROVIDING AN ATMOSPHERE OF INTELLECTUAL, ARTISTIC, AND PHYSICAL CHALLENGE WITHIN THE WARMTH OF A NURTURING COMMUNITY. WE DEVELOP IN OUR STUDENTS THE CONFIDENCE AND SKILLS REQUIRED TO MEET THE COMPLEXITIES OF THEIR FUTURE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt22HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25HEAD OF MIDDLE SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIR. OF EDUCATIONAL TECH.
IRS990/Form990PartVIISectionAGrp/TitleTxt27HEAD OF UPPER SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt28DEAN OF ACADEMIC CURRIC.
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IRS990/MissionDesc0THE ATHENIAN SCHOOL IS A CO-EDUCATIONAL, INDEPENDENT, NOT-FOR-PROFIT SCHOOL SERVING GRADES 6 THROUGH 12. THE ATHENIAN SCHOOL PREPARES STUDENTS FOR THE RIGOROUS EXPECTATIONS OF COLLEGE AND FOR A LIFE OF PURPOSE AND PERSONAL FULFILLMENT. THE SCHOOL OFFERS A CHALLENGING ACADEMIC PROGRAM WITH A DIFFERENCE. INTELLECTUAL INQUIRY IS ACTIVE. LEARNING IS INTERACTIVE.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.7$40.0$37.7$35.0$35.3$0.34
2024Summary only. Only limited summary data is available for this year.$76.6$39.6$37.0$33.2$34.6$1.39
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.3$38.1$37.2$31.3$32.1$0.89
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.6$37.3$37.3$29.9$30.2$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.8$35.8$40.0$26.9$28.5$1.63
2020Detailed filing. Detailed filing data is available for this year.$65.5$26.0$39.5$28.6$26.4$2.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.0$28.4$37.6$25.3$25.9$0.58
2018Summary only. Only limited summary data is available for this year.$64.3$26.4$37.9$25.6$24.1$1.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.7$16.6$36.0$25.9$21.5$4.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.0$11.0$32.0$25.0$19.4$5.56
2015Detailed filing. Detailed filing data is available for this year.$36.6$9.59$27.0$23.6$18.8$4.75
2014Summary only. Only limited summary data is available for this year.$31.2$8.63$22.6$19.5$18.4$1.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.4$8.65$20.8$17.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$7.85$19.8$16.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.8$8.15$18.7$15.7
Peer Organizations

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