LITTLE KESWICK EDUCATION CORPORATION

EIN: 475121115 501(c)(3) Education

KESWICK, VA

Total Revenue
$9,702,080
Total Expenses
$6,555,825
Total Assets
$10,999,148
Net Assets
$9,630,397
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
MARC COLUMBUS
Phone
4342950457
Tax Period
2023-07-01 to 2024-06-30

LITTLE KESWICK EDUCATION CORPORATION, founded in 2015, is a community nonprofit in the Education sector that reported $6.6M in total revenue in fiscal year 2018. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 26% operating margin.

Mission

KESWICK SCHOOL WAS FOUNDED IN 1963 AS LITTLE KESWICK SCHOOL BY BOB AND LIBBY WILSON, TWO LOCAL PUBLIC SCHOOL TEACHERS WHO STARTED THE SCHOOL ON THEIR 25 ACRE FARM (LITTLE KESWICK FARM) OUTSIDE OF CHARLOTTESVILLE, VA. INITIALLY A SUMMER CAMP FOR THEIR CHILDREN'S NEIGHBORHOOD FRIENDS, THE NEED FOR A SPECIALIZED SCHOOL WAS QUICKLY EVIDENT. IN 2016, THE SCHOOL MOVED FROM THE WILSON FAMILY OWNERSHIP TO AN INDEPENDENT NOT-FOR-PROFIT 501 (C) (3) AND CONTINUED TO BE RUN BY THE HEAD OF SCHOOL, WHO HAS BEEN IN THAT ROLE FOR THE PAST 30 YEARS. FOUNDED 60 YEARS AGO AS A PRIVATE, THERAPEUTIC, SPECIAL EDUCATION BOARDING SCHOOL FOR BOYS; THE SCHOOL CONTINUES THAT MISSION TODAY THROUGH FOSTERING NURTURING RELATIONSHIPS, INTENSIVE CLINICAL INTERVENTIONS, AND AN INDIVIDUALIZED EDUCATION FOR UP TO 36 BOYS IN A HIGHLY STRUCTURED AND SUPPORTIVE ENVIRONMENT. THE STUDENT POPULATION IS COMPRISED OF STUDENTS WHO HAVE A COMPLEX SET OF SOCIAL, EMOTIONAL, COGNITIVE, AND BEHAVIORAL CHALLENGES WHO BENEFIT FROM THE

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,461,152
Program Service Revenue $5,318,898
Investment Income $18,252
Other Revenue $903,778
TOTAL REVENUE $9,702,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,956,716
Fundraising Expenses $175,154
Program Expenses $4,916,871
Other Expenses $1,599,109
TOTAL EXPENSES $6,555,825

Year-over-Year Comparison

2023 2022 Change
Revenue $9,702,080 $5,920,369 +0.6%
Expenses $6,555,825 $5,835,330 +0.1%
Net Income $3,146,255 $85,039 +36.0%
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
7
Independent Members
7
Employees
106
Volunteers
N/A

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
3
$116,354
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY EICHFELD CHAIRMAN 2.00
Officer Director
$0 $0 $0
P FRANK BERRY TREASURER 2.00
Officer Director
$0 $0 $0
DAVID WOLKOFF TRUSTEE 2.00
Director
$0 $0 $0
EARLE MACKENZIE TRUSTEE 2.00
Director
$0 $0 $0
ELIZABETH LIZ ADAMS TRUSTEE 2.00
Director
$0 $0 $0
ROBERT HAYWARD TRUSTEE 2.00
Director
$0 $0 $0
LEIGH NEIL TRUSTEE 2.00
Director
$0 $0 $0
MARC COLUMBUS HEAD OF SCHO 40.00
Officer
$116,354 $0 $116,354
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 $9,702,080 $6,555,825 $10,999,148 $3,146,255
2023 $5,920,369 $5,835,330 $11,254,440 $85,039
2022 $7,943,644 $5,638,016 $10,911,306 $2,305,628
2021 $4,907,392 $5,201,321 $8,946,108 $-293,929
2020 $6,778,973 $5,043,865 $9,095,754 $1,735,108
2019 $6,564,384 $4,834,279 $7,473,320 $1,730,105
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