SILVER SPRING DAY SCHOOL INC

EIN: 201337670 501(c)(3) Education

SILVER SPRING, MD

Total Revenue
$1,611,372
Total Expenses
$1,505,315
Total Assets
$2,389,861
Net Assets
$781,241
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MD
Principal Officer
YLLA BISHOP
Phone
3015936581
Tax Period
2023-08-01 to 2024-07-31

SILVER SPRING DAY SCHOOL INC, founded in 2005, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Expenses of $1.5M left a modest 7% surplus.

Mission

SILVER SPRING DAY SCHOOL IS A COMMUNITY OF PRESCHOOLERS, FAMILIES, AND EARLY CHILDHOOD EDUCATORS WHO WORK TO DEVELOP THE WHOLE CHILD THROUGH A CURRICULUM BASED IN EXPLORATION AND PLAY. TOGETHER, WE FOSTER AN ENVIRONMENT WHERE CHILDREN, FAMILIES, AND EDUCATORS SHARE IN THE JOURNEY OF LIFE-LONG LEARNING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $36,275
Program Service Revenue $1,544,163
Investment Income $14,139
Other Revenue $16,795
TOTAL REVENUE $1,611,372

Expense Breakdown

Grants Paid $5,300
Salaries & Benefits $1,142,435
Fundraising Expenses $30,201
Program Expenses $1,087,644
Other Expenses $357,580
TOTAL EXPENSES $1,505,315

Year-over-Year Comparison

2023 2022 Change
Revenue $1,611,372 $1,613,495 0.0%
Expenses $1,505,315 $1,536,301 0.0%
Net Income $106,057 $77,194 +0.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
36
Volunteers
265

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
5
$103,330
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YLLA BISHOP EXECUTIVE DIRECTOR 40.00
Officer
$100,350 $2,980 $103,330
BOB APPELBY BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE SHARP BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN JULIANO BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW RICCI BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE LARES BOARD MEMBER 1.00
Director
$0 $0 $0
SHARATH MEKALE BOARD MEMBER 1.00
Director
$0 $0 $0
EVAN LUSTER PRESIDENT 5.00
Officer Director
$0 $0 $0
SHANNON SANDERS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MATT CRAFT TREASURER 2.00
Officer Director
$0 $0 $0
BRITTANY WOLFISH SECRETARY 2.00
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 No data No data No data No data
2024 $1,611,372 $1,505,315 $2,389,861 $106,057
2023 $1,613,495 $1,536,301 $2,458,891 $77,194
2022 $1,397,079 $1,326,138 $1,238,264 $70,941
2021 $158,581 $503,212 $1,127,136 $-344,631
2020 $1,403,139 $1,314,879 $1,276,618 $88,260
2019 $1,254,041 $1,059,516 $1,583,585 $194,525
2019 $1,383,001 $1,266,270 $1,216,243 $116,731
2018 $1,181,763 $1,179,635 $1,116,376 $2,128
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