Selwyn School

Nonprofit profile at a glance

EIN
750989569
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Argyle, TX, USA
Phone
9403826771
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$3,623,831
Expenses
$3,359,257
Assets
$4,980,257
Liabilities
$2,181,298

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Highest reported compensation

  • DEBORAH HOF (HEAD OF SCHOOL): $135,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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

What it reported doing in 2024

Selwyn 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.

Operating model

Revenue model
Earned-program. 94% 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 77% for direct work, and 23% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.2%; rating input score 76
  • Program expense ratio: 72.4%; rating input score 72
  • Fundraising efficiency: $51.45 raised per $1 spent on fundraising; rating input score 79; 79th 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.3%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 1.48; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 76.2% of revenue deployed · 72.4% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $135K · 7 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Sustainability: Operating margin scored 57/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.