Collegiate School
87% goes to programs $40 to raise $100 Strong reserves
Collegiate School is a 501(c)(3) organization based in Richmond, Virginia, registered in 1972, with $64,097,210 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
103 N Mooreland Rd, Richmond, VA, 23229 EIN 54-0528203 Since 1972
Revenue (FY2023)
$64.1M
▼ 0.9% vs prior year
Education median: $200K
Expenses (FY2023)
$61.1M
Net assets
$142.1M
Employees
690
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating87% to programs · $40 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Collegiate School: 87% to programs · $40 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating28 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Collegiate School: 28 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Collegiate School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Collegiate School: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o to create a diverse and inclusive community of learners committed to a challenging and supportive educational experience that will foster the intellectual, moral, emotional, and physical development of each student.
What they do
Auxiliaries and other programs - the school operates, for the benefit and convenience of parents, students, and alumni, several auxiliary services including food service (cafeterias), a campus bookstore, after school programs, summer camps, youth sports, and private music instruction, among others.
Contact & location
- Address
- 103 N Mooreland Rd, Richmond, VA, 23229
- City
- Richmond
- State
- Virginia
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $47.8M (FY2013) to $64.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $35.1MNet assets $142.1M
Operating margin
4.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$177.2M
Total liabilities
$35.1M
Net assets
$142.1M
Salaries & benefits
$39.3M
64% of expenses
Board members
20
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $64,097,210▼0.9% | $61,145,741▲5.1% | $142,103,208▲5.3% | $177,169,569▲3.7% | 990 |
| 2022 | $64,649,067▲14.5% | $58,205,600▲3.3% | $134,990,710▲5.2% | $170,914,242▲2.3% | 990 |
| 2021 | $56,461,379▼0.1% | $56,342,224▲8.6% | $128,333,795▼5.3% | $167,036,679▼4.4% | 990 |
| 2020 | $56,498,042▼5.6% | $51,866,640▼0.4% | $135,567,477▲20.0% | $174,659,421▲10.4% | 990 |
| 2019 | $59,848,503▼3.3% | $52,081,252▼2.7% | $113,011,032▼0.7% | $158,195,585▲0.1% | 990 |
| 2018 | $61,894,185▲24.5% | $53,511,575▲1.3% | $113,756,482▼1.6% | $158,017,644▼2.3% | 990 |
| 2017 | $49,712,193▼2.3% | $52,823,594▲3.1% | $115,653,201▲2.4% | $161,688,287▲2.0% | 990 |
| 2016 | $50,892,685▲4.3% | $51,238,604▲3.1% | $112,989,280▲5.2% | $158,474,889▲2.3% | 990 |
| 2015 | $48,789,060▲5.2% | $49,689,723▲2.1% | $107,407,295▼3.2% | $154,918,511▼2.5% | 990 |
| 2014 | $46,386,528▼3.0% | $48,673,840▲5.1% | $110,985,792▼1.8% | $158,814,830▼1.3% | 990 |
| 2013 | $47,815,238 | $46,327,699▲7.5% | $113,044,693▲9.3% | $160,847,577▲4.8% | 990 |
| 2012 | — | $43,098,230▼0.7% | $103,462,976▲11.3% | $153,446,854▲6.9% | 990 |
| 2011 | — | $43,410,168▲12.9% | $92,932,766▼1.3% | $143,512,822▲13.7% | 990 |
| 2010 | — | $38,434,995▲9.6% | $94,196,402▲14.9% | $126,236,375▲11.1% | 990 |
| 2009 | — | $35,057,306 | $81,981,935 | $113,590,809 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: William S Peebles IV — $606,977 (0.99% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William S Peebles IV | Interim Head of School | 40 | $606,977 |
| Phyllis Palmiero | Cfo & Coo | 40 | $285,716 |
| Kristen O Williams | Chief Development Officer | 40 | $169,007 |
| Patrick E Loach | Head of Upper School | 40 | $166,261 |
| Tung Trinh | Head of Middle School/dean of Faculty | 40 | $164,517 |
| Deborah Miller | Head of Lower School | 40 | $150,499 |
| Louis Fierro | Director of Information Technology | 40 | $142,182 |
| Deborah Clabo | Assistant Secretary | 40 | $80,950 |
| Callie Lacy Brackett | Trustee | 2 | — |
| Carter M Reid | Chair of the Board | 2 | — |
| Ellen T Bonbright | Trustee | 2 | — |
| J Cheairs Porter Jr | Trustee | 2 | — |
| Joann Andrales Ruh | Trustee | 2 | — |
| John H Rivers Jr | Trustee | 2 | — |
| Julious P Smith III | Trustee | 2 | — |
| Kenneth P Ruscio | Trustee | 2 | — |
| Malcolm S Mcdonald | Trustee | 2 | — |
| Mason T Chapman | Trustee | 2 | — |
| Mayme Beth F Donohue | Trustee | 2 | — |
| Meera Pahuja | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aladdin Food Management Services LLC | Food Service | $1,885,792 |
| Servicemaster Services | Custodial Services | $550,685 |
| Abm Industry Groups LLC | Custodial Services | $514,020 |
| Playground Specialists Inc | Playground Design / Installation Service | $239,620 |
| Virtexco Corporation | General Contractor (building Improvement | $163,750 |
Grants received · $4.2M total
79 grants to Collegiate School totaling $4.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $166,920 |
| The Community Foundation Inc | University or private school | 2024 | $145,693 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| American Online Giving Foundation Inc | General support | 2024 | $10,275 |
| American Endowment Foundation | Educational | 2024 | $9,500 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $8,700 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,000 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $166,920 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $107,768 |
| The Community Foundation Inc | University or private school | 2023 | $106,450 |
| Donor Advised Charitable Giving | Education | 2023 | $60,458 |
| American Online Giving Foundation Inc | General support | 2023 | $45,194 |
| National Philanthropic Tr | Religion | 2023 | $27,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $26,500 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $13,850 |
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Frequently asked questions
- Is Collegiate School a legitimate nonprofit?
- Yes. Collegiate School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0528203, based in Richmond, Virginia. Donations are tax-deductible.
- What is Collegiate School's EIN?
- Collegiate School's Employer Identification Number (EIN) is 54-0528203.
- How much revenue does Collegiate School report?
- Collegiate School reported $64,097,210 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Collegiate School's spending goes to programs?
- Collegiate School spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Collegiate School have?
- CharityIndex grades Collegiate School A, based on program efficiency and fundraising cost.
- How much does Collegiate School's highest-paid employee make?
- The highest reported compensation on Collegiate School's latest Form 990 is $606,977, paid to William S Peebles IV (Interim Head of School).
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Data for Collegiate School (EIN 54-0528203) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.