Davidson Day School

EIN: 111976223 501(c)(3) Education

Davidson, NC

Total Revenue
$14,700,360
Total Expenses
$13,997,930
Total Assets
$22,339,591
Net Assets
$12,756,183
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NC
Principal Officer
Andrew Bishop
Phone
7042375200
Tax Period
2024-07-01 to 2025-06-30

Davidson Day School, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $14.7M in total revenue in fiscal year 2024. Expenses of $14.0M left a modest 5% surplus.

Mission

Davidson Day is a Pre-K through 12th grade college preparatory school located in Davidson, North Carolina. Davidson Day School fosters academic excellence through collaboration, creativity, and character development. Our vision is to be a premier college preparatory organization by offering innovative, personalized learning that unlocks student potential. A Davidson Day School education prepares well-rounded, compassionate leaders to succeed on the global stage.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $916,820
Program Service Revenue $13,637,142
Investment Income $290,249
Other Revenue $-143,851
TOTAL REVENUE $14,700,360

Expense Breakdown

Grants Paid $844,923
Salaries & Benefits $9,233,893
Fundraising Expenses $255,363
Program Expenses $10,325,099
Other Expenses $3,919,114
TOTAL EXPENSES $13,997,930

Year-over-Year Comparison

2024 2023 Change
Revenue $14,700,360 $13,916,705 +0.1%
Expenses $13,997,930 $12,497,880 +0.1%
Net Income $702,430 $1,418,825 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
177
Volunteers
70

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$391,924
Total Directors
16
$191,892
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Smith Head of Upper Scho 40.00
$161,367 $58,681 $220,048
Rachel Lennox CFO 40.00
Officer
$192,966 $7,066 $200,032
Andrew Bishop Head of School 40.00
Officer Director
$147,128 $44,764 $191,892
Elizabeth McAlister Head of Lower Scho 40.00
$117,871 $44,332 $162,203
Andrew Griffith Head of Middle Sch 40.00
$110,567 $13,469 $124,036
Mark Palmer Director of Philan 40.00
$107,569 $486 $108,055
Megan Allison Trustee 1.00
Director
$0 $0 $0
Meggan Bushee Shapiro Trustee 5.00
Director
$0 $0 $0
Sarah Dodd Trustee 5.00
Director
$0 $0 $0
Omar Caldwell Trustee 1.00
Director
$0 $0 $0
Michelle Moore Trustee 1.00
Director
$0 $0 $0
Mike Sass Secretary 5.00
Officer Director
$0 $0 $0
Melissa Tate Treasurer 5.00
Officer Director
$0 $0 $0
Ella-Marie Smith Trustee 1.00
Director
$0 $0 $0
Takila Williams Naylor Chair 5.00
Officer Director
$0 $0 $0
Whitney Feld Trustee 1.00
Director
$0 $0 $0
Mike McMahon Trustee 1.00
Director
$0 $0 $0
Bob Hallman Vice Chair 5.00
Officer Director
$0 $0 $0
Brian Tierney Trustee 5.00
Director
$0 $0 $0
Mahdi Ajjan Trustee 1.00
Director
$0 $0 $0
Paul Thompson Director 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,700,360 $13,997,930 $22,339,591 $702,430
2024 $13,916,750 $12,497,880 $21,737,164 $1,418,870
2023 $12,377,473 $11,400,546 $19,999,548 $976,927
2022 $13,298,715 $9,998,292 $19,189,095 $3,300,423
2022 $13,298,715 $9,998,292 $19,189,095 $3,300,423
2021 $10,786,795 $9,495,106 $18,126,883 $1,291,689
2020 $10,020,517 $10,174,435 $17,071,759 $-153,918
2019 $10,301,541 $10,347,851 $16,391,490 $-46,310
2018 $10,043,294 $9,185,526 $14,985,568 $857,768
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