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EIN 23-1370500

Episcopal Academy

IRS 501(c) type
501(c)(3)
Num. employees
513
City
Newtown Square
State
Pennsylvania
Year formed
1785
Most recent tax filings
2022-06-01
NTEE code, primary
B20: Elementary, Secondary Education
Description
Challenging and nurturing Mind, Body, and Spirit, we inspire boys and girls to lead lives of purpose, faith, and integrity.
Total revenues
$65,492,381
2022
Total expenses
$57,477,386
2022
Total assets
$285,908,230
2022
Num. employees
513
2022

Program areas at Episcopal Academy

The Episcopal Academy is an independent, co-educational day school located in newtown square, Pennsylvania. Its curriculum is college preparatory and includes grades pre-kindergarten through twelve. The enrollment at the Academy is 1,290 students. The school participates in community service work that exemplifies the school's mission. The Episcopal Academy greatly values diversity of all kinds, including racial and economic. To help achieve this diversity, approximately $8.9 million of need-based financial aid is granted to families each year in order to make it possible for children [cont. On sch. O]to attend the school. Approximately 23% of the student population is awarded financial aid. On average, this award is approximately 68% of the average tuition.

Who funds Episcopal Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Business Leadership Organized for Catholic Schools (BLOCS)Scholarships$1,122,600
Schwab Charitable FundEducation$622,455
The Shanahan Family Charitable FoundationGeneral Purpose$250,000
...and 65 more grants received totalling $3,470,950

Personnel at Episcopal Academy

NameTitleCompensation
Mark NotaroChief Operating Officer$185,481
Lawrence CapuzziChief Financial Officer$272,598
Thomas J LockeHead of School$866,159
Erin RehelDirector of Strategy and Institutional Research$166,034
Michael LettsHead of Upper School$181,088
...and 12 more key personnel

Financials for Episcopal Academy

RevenuesFYE 06/2022
Total grants, contributions, etc.$18,986,216
Program services$46,296,624
Investment income and dividends$2,012,243
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$84,778
Net gain from sale of non-inventory assets$-1,816,021
Net income from fundraising events$46,370
Net income from gaming activities$0
Net income from sales of inventory$-121,271
Miscellaneous revenues$3,442
Total revenues$65,492,381

Form 990s for Episcopal Academy

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-08990View PDF
2020-062021-04-06990View PDF
2019-062020-01-30990View PDF
2018-062019-03-15990View PDF
2017-062018-01-19990View PDF
...and 7 more Form 990s
Data update history
June 26, 2023
Updated personnel
Identified 4 new personnel
May 15, 2023
Used new vendors
Identified 2 new vendors, including , and
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $20,250 from Jewish Federation of Greater Philadelphia (JFGP)
July 22, 2022
Received grants
Identified 6 new grant, including a grant for $57,500 from David R Clare and Margaret C Clare Foundation
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsK-12 schoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
1785 Bishop White Dr
Newtown Square, PA 19073
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Delaware County, PA
Website URL
episcopalacademy.org/ 
Phone
(484) 424-1420
Facebook page
EpiscopalAcademy1785 
Twitter profile
@ea1785 
IRS details
EIN
23-1370500
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1785
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B20: Elementary, Secondary Education
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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