THE EPISCOPAL SCHOOL IN THE CITY OF NEW YORK

EIN: 131945827 501(c)(3) Education

NEW YORK, NY

Total Revenue
$9,138,810
Total Expenses
$7,119,272
Total Assets
$142,383,281
Net Assets
$137,287,442
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
NY
Principal Officer
SUSAN A SHEAHAN
Phone
2128799764
Tax Period
2024-07-01 to 2025-06-30

THE EPISCOPAL SCHOOL IN THE CITY OF NEW YORK, founded in 1961, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.0M, a strong 22% operating margin.

Mission

THE MISSION OF THE EPISCOPAL SCHOOL IS TO PROVIDE A TRADITIONAL EARLY CHILDHOOD EDUCATION IN A WARM AND WELCOMING ENVIRONMENT, AND TO OFFER EACH CHILD A STRONG FOUNDATION FOR ONGOING EDUCATION AND FOR LIFE. WE SEEK TO HELP EACH CHILD DEVELOP SOCIALLY, EMOTIONALLY, INTELLECTUALLY AND PHYSICALLY IN A STRUCTURED AND NURTURING PROGRAM. WE ENCOURAGE OUR STUDENTS TO BE CURIOUS, RESPONSIBLE AND INDEPENDENT, AND TO ENJOY LEARNING. WE STRIVE TO MAINTAIN A HEALTHY BALANCE BETWEEN A NONCOMPETITIVE, SUPPORTIVE ENVIRONMENT AND A CHALLENGING EXPERIENCE THROUGH WHICH CHILDREN DEVELOP CORE VALUES AND A POSITIVE IMAGE OF THEMSELVES AND OF SCHOOL.

Program Service Accomplishments

Program 1
Expenses: $4,302,509 Revenue: $4,941,566

THE SCHOOL PROVIDES OPPORTUNITIES FOR EACH CHILD TO GROW AND LEARN THROUGH A VARIETY OF STRUCTURED ACTIVITIES AND FREE PLAY EXPERIENCES. OUR AGE-APPROPRIATE CURRICULUM ALLOWS CHILDREN TO EXPLORE...

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THE SCHOOL PROVIDES OPPORTUNITIES FOR EACH CHILD TO GROW AND LEARN THROUGH A VARIETY OF STRUCTURED ACTIVITIES AND FREE PLAY EXPERIENCES. OUR AGE-APPROPRIATE CURRICULUM ALLOWS CHILDREN TO EXPLORE IDEAS AND DEVELOP SKILLS THROUGH ART, MUSIC, DRAMATIC PLAY, CREATIVE MOVEMENT AND COOKING. FIELD TRIPS, INTERACTIVE SCIENCE EXPERIENCES AND READINESS ACTIVITIES IN READING AND MATH FURTHER ENHANCE THE PROGRAM.EXPERIENCES AND ACTIVITIES ARE INDIVIDUALIZED TO MEET THE NEEDS OF EACH CHILD AT HIS OR HER OWN STAGE OF DEVELOPMENT. THE EPISCOPAL SCHOOL BELIEVES THAT ITS ULTIMATE PURPOSE IS TO GIVE YOUNG CHILDREN THE FINEST PREPARATION FOR LIFE BY FOSTERING SELF-CONFIDENCE AND ENTHUSIASM FOR LEARNING.THE SCHOOL SERVED CHILDREN AGES 2 YEARS AND 5 MONTHS THROUGH 5 YEARS OLD. CLASSES ARE HELD FROM MID-SEPTEMBER THROUGH EARLY JUNE, MONDAY THROUGH FRIDAY. THE CHILDREN ATTEND THE THREE-HOUR PROGRAM IN EITHER THE MORNING OR AFTERNOON SESSION.DURING FY2025, THE SCHOOL PROVIDED EDUCATION FOR 186 STUDENTS.

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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 $1,541,324
Program Service Revenue $4,941,220
Investment Income $2,707,005
Other Revenue $-50,739
TOTAL REVENUE $9,138,810

Expense Breakdown

Grants Paid $112,250
Salaries & Benefits $5,623,061
Fundraising Expenses $176,220
Program Expenses $4,302,509
Other Expenses $1,383,961
TOTAL EXPENSES $7,119,272

Year-over-Year Comparison

2024 2023 Change
Revenue $9,138,810 $8,352,920 +0.1%
Expenses $7,119,272 $7,060,615 +0.0%
Net Income $2,019,538 $1,292,305 +0.6%
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
55
Volunteers
230

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
6
$502,659
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES P DURKIN III PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN G TROIANO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RICHARD L N WEAVER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KARIN A DEMASI ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
TODD HERLIHY TREASURER 1.00
Officer Director
$0 $0 $0
DR AMANDA BELLOWS TRUSTEE 1.00
Director
$0 $0 $0
ANDREA DALE TRUSTEE 1.00
Director
$0 $0 $0
DR SARAH DALY TRUSTEE 1.00
Director
$0 $0 $0
ANNE L DANNACHER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT C DUCOMMUN TRUSTEE 1.00
Director
$0 $0 $0
IRENE HONG EDWARDS TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL P GILBANE TRUSTEE 1.00
Director
$0 $0 $0
CONOR S TOCHILIN TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH VAN ECK TRUSTEE 1.00
Director
$0 $0 $0
GEORGE A WEBSTER TRUSTEE 1.00
Director
$0 $0 $0
SUSAN SHEAHAN DIRECTOR/HEAD OF SCHOOL 40.00
Officer
$449,014 $53,645 $502,659
LINDSAY DAVIS BUSINESS MANAGER 40.00
Highest
$199,882 $61,997 $261,879
JESSIE LEVY PLACEMENT COORDINATOR 40.00
Highest
$161,995 $33,632 $195,627
MARISA SOTO EXECUTIVE ASSISTANT/BUILDING MANAGER 40.00
Highest
$154,035 $34,251 $188,286
CHRISTOPHER MINARICH TEACHER 40.00
Highest
$142,412 $34,152 $176,564
WILLIAM GORDH TEACHER 40.00
Highest
$130,395 $33,054 $163,449
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 $9,138,810 $7,119,272 $142,383,281 $2,019,538
2024 No data No data No data No data
2023 $6,588,820 $6,724,485 $112,263,967 $-135,665
2022 $6,700,794 $6,417,971 $101,721,677 $282,823
2021 $64,547,113 $6,020,433 $115,550,695 $58,526,680
2020 $6,494,733 $5,732,814 $93,166,104 $761,919
2019 $7,647,311 $5,668,664 $91,801,157 $1,978,647
2018 $9,656,173 $5,492,354 $84,404,297 $4,163,819
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