Presbyterian Day School in Memphis, Tennessee (TN)

Organization representatives - add corrected or new information about Presbyterian Day School »

Non-representatives - add comments about Presbyterian Day School»

Presbyterian Day School
Employer Identification Number (EIN)620811568
Name of OrganizationPresbyterian Day School
Address4025 Poplar Ave, Memphis, TN 38111-6022
ActivitiesPrivate school, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date05/1970
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$37,803,985
Amount of Income$16,159,598
Form 990 Revenue Amount$14,810,751
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Primary, Elementary Schools


Non-representatives - add comments:


CAPTCHA

Your IP address 52.15.113.71 will be logged.

Amount of income in 2013: $16,159,598 (it was $14,831,623 in 2012)
Presbyterian Day School: 

 $16,159,598
Other organizations performing similar types of work: 

 $1,655,789

Assets in 2013: $37,803,985 (it was $36,370,988 in 2012)
Presbyterian Day School: 

 $37,803,985
Other organizations performing similar types of work: 

 $1,623,971

Expenses in 2013: $13,530,840
Presbyterian Day School: 

 $13,530,840
Other organizations performing similar types of work: 

 $1,634,473

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.1

Number of employees in 2013: 168
Presbyterian Day School: 

 168
Other organizations performing similar types of work: 

 54

Employees paid over $100,000 in 2013: 4.2%
Presbyterian Day School: 

 4.2%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 20.8%
This organization: 

 20.8%
Other organizations performing similar types of work: 

 10.1%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?YesYes
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?YesYes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?YesYes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096126119
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return162168
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$1,191,316$1,222,535
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$150,541$156,462
Total number of individuals who received more than $100,000 of reportable compensation from the organization77
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$12,768,158$12,970,010$14,810,751
Contributions, Gifts, Grants and Other Similar Amounts$1,761,963$1,632,073$3,079,187
Program Service Revenue$10,441,752$11,010,393$11,271,883
900099$9,080,624$9,958,664
900099$1,929,769$1,313,219
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$215,703$167,614$149,101
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$348,740$159,930$310,580
Gross amount from sales of assets other than inventory (Securities / Other)$2,702,270 / $10,983$2,012,382 / $9,161$1,659,427 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,364,513 / $0$1,852,727 / $8,886$1,344,816 / $4,031
Gain or (loss) (Securities / Other)$337,757 / $10,983$159,655 / $275$314,611 / $-4,031
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$13,071,860$13,358,839$13,530,840
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$747,585$1,014,443
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$696,604$607,200$612,584
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$6,300,975$6,299,179$6,491,177
Pension plan accruals and contributions$367,650$340,561
Other employee benefits$438,983$451,784
Payroll taxes$477,049$476,568$493,639
Fees for services (non-employees)
Management$0$0
Legal$8,099$2,380
Accounting$16,850$17,950
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$7,133$1,967
Advertising and promotion$66,172$58,723
Office expenses$149,164$128,418
Information technology$1,250$4,092
Royalties$0$0
Occupancy$779,274$771,997
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$9,782$10,847
Payments to affiliates$0$0
Depreciation, depletion, and amortization$907,203$919,692
Insurance$24,152$25,561
Other expenses$1,023,196$730,654
Other expenses$363,527$355,036
Other expenses$314,868$323,747
Other expenses$270,100$211,442
Other expenses$480,904$564,146
Balance Sheet
201120122013
Total assets$38,102,275$36,370,988$37,803,985
Cash - non-interest-bearing$727,761$1,052,938
Savings and temporary cash investments$3,503,402$5,475,183
Pledges and grants receivable, net$2,894,543$2,708,079
Accounts receivable, net$5,043,841$5,244,900
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$189,415$150,000
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$779,549$812,061
Land, buildings, and equipment: cost or other basis$16,954,591$16,321,850
Investments - publicly traded securities$6,075,179$5,845,686
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$192,942$181,293
Other assets$9,765$11,995
Total liabilities$23,949,380$23,613,780$23,227,004
Accounts payable and accrued expenses$231,866$439,104
Grants payable$0$0
Deferred revenue$10,497,682$10,681,786
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$13,295,533$12,555,761$11,698,484
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$328,471$407,630
Total net assets or fund balances$14,152,895$12,757,208$14,576,981
Unrestricted net assets$9,003,050$10,356,774
Temporarily restricted net assets$3,754,158$4,220,207
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Presbyterian Day School to others? (optional)
  
Add photo of Presbyterian Day School (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Trinity Christian Academy17001 Addison Rd, Addison, TX 75001-5027TX1971-11$31,689,103
2Wildwood Elementry School Inc12201 Washington Pl, Los Angeles, CA 90066-4920CA1975-05$25,329,784
3Brentwood Academy Inc219 Granny White Pike, Brentwood, TN 37027-5753TN1970-05$24,841,953
4Sanford School IncPO BOX 888, Hockessin, DE 19707-0888DE1935-08$20,069,411
5Town School For Boys2750 Jackson St, San Francisco, CA 94115-1144CA1952-07$20,053,919
6Westminster Christian School6855 Sw 152nd St, Palmetto Bay, FL 33157-2623FL1963-06$19,893,357
7Santa Fe Christian Schools838 Academy Dr, Solana Beach, CA 92075-2034CA1986-09$19,794,150
8Golda Och Academy Inc1418 Pleasant Valley Way, West Orange, NJ 07052-1313NJ1972-06$18,980,209
9Village Community School272 W 10th St, New York, NY 10014-2513NY1970-03$16,274,711
10Presbyterian Day School4025 Poplar Ave, Memphis, TN 38111-6022TN1970-05$16,159,598
11Franklin Road Academy Inc4700 Franklin Pike, Nashville, TN 37220-1136TN1983-05$16,101,906
12Christian Academy Of Knoxville Inc529 Academy Way, Knoxville, TN 37923-3622TN1978-03$12,544,350
13Jackson Christian School Incorporated832 Country Club Ln, Jackson, TN 38305-8750TN1976-08$9,271,284
14Trinity Christian Academy Incorporated10 Windy City Rd, Jackson, TN 38305-9666TN1986-09$7,032,165
15Friendship Christian School Inc5400 Coles Ferry Pike, Lebanon, TN 37087-9407TN1977-12$6,136,567
16Saint Bernard Academy2020 24th Ave S, Nashville, TN 37212-4202TN1990-05$5,000,565
17Pleasant View Christian School Inc160 Hicks Edgen Rd, Pleasant View, TN 37146-7044TN1979-11$2,038,583
18Lamplighter School Inc8563 Fay Rd, Cordova, TN 38018-6405TN1971-09$1,131,483
19Enrichment Institute1502 Knob Creek Rd, Johnson City, TN 37604-3724TN1983-09$478,724
20Central Ministries Inc2005 E Winchester Blvd, Collierville, TN 38017-3388TN1976-10$0
Number of organizations performing similar types of work
Alaska1
Alabama16
Arkansas6
Arizona16
California117
Colorado21
Connecticut8
District of Columbia6
Delaware5
Florida40
Georgia31
Hawaii3
Iowa12
Idaho3
Illinois27
Indiana21
Kansas11
Kentucky15
Louisiana12
Massachusetts16
Maryland21
Maine7
Michigan37
Minnesota10
Missouri9
Mississippi12
Montana4
North Carolina30
North Dakota2
Nebraska3
New Hampshire8
New Jersey20
New Mexico8
Nevada1
New York45
Ohio47
Oklahoma8
Oregon20
Pennsylvania52
Rhode Island4
South Carolina30
South Dakota12
Tennessee12
Texas37
Utah4
Virginia39
Vermont10
Washington28
Wisconsin16
West Virginia5
International3
Total931

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Presbyterian Day School and has no official or unofficial affiliation with Presbyterian Day School