Evansville Day School Inc
Nonprofit profile at a glance
- EIN
- 351020931
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Evansville, IN, USA
- Phone
- 8124763039
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $7,521,841
- Expenses
- $7,462,262
- Assets
- $4,288,739
- Liabilities
- $1,087,127
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- PATRICK GRIFFIN (PRESIDENT)
Highest reported compensation
- SARAH JACOBSON (HEAD OF SCHO): $78,404 total reported compensation
- ASHLEY BEULIGMANN (DIRECTOR OF): $68,483 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate a private independent school to promote and advance the education guidance of pre-school, kindergarten, primary and upper school students
What it reported doing in 2024
Evansville day school, in partnership with parents, offers a student- centered, college-preparatory program supported by a challenging and comprehensive curriculum that encourages each student from junior pre- kindergarten through grade 12 to strive for excellence in mind, body, and human spirit.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 93
- Accountability: 79
- Sustainability: 37
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.8%; rating input score 79
- Program expense ratio: 80.2%; rating input score 80
- Fundraising efficiency: $4.1 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.8%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 78.8% of revenue deployed · 80.2% of spending went to programs
- Governance: 19 of 19 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6M in reported program spending
- Leadership: top reported pay $78K · 21 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes grants
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 13/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.