St Andrew's School Of Delaware Inc

EIN: 510079506 501(c)(3) Education

Middletown, DE

Total Revenue
$34,015,176
Total Expenses
$33,489,483
Total Assets
$382,779,448
Net Assets
$339,885,606
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
DE
Principal Officer
Joy McGrath
Phone
3023789511
Tax Period
2022-07-01 to 2023-06-30

St Andrew's School Of Delaware Inc, founded in 1929, is a mid-sized nonprofit in the Education sector that reported $34.0M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $339.9M represent 120 months of operating reserves.

Mission

St. Andrew's School is a co-ed boarding school, grades 9 through 12.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,047,485
Program Service Revenue $20,972,954
Investment Income $7,890,390
Other Revenue $104,347
TOTAL REVENUE $34,015,176

Expense Breakdown

Grants Paid $7,034,146
Salaries & Benefits $15,462,100
Fundraising Expenses $2,148,168
Program Expenses $26,674,648
Other Expenses $10,993,237
TOTAL EXPENSES $33,489,483

Year-over-Year Comparison

2022 2021 Change
Revenue $34,015,176 $30,395,776 +0.1%
Expenses $33,489,483 $32,223,547 +0.0%
Net Income $525,693 $-1,827,771 -1.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
24
Independent Members
23
Employees
232
Volunteers
25

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
8
$904,312
Total Directors
39
$467,704
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOY MCGRATH HEAD OF SCHOOL, FROM 7/1/22 60.00
Officer Director
$409,762 $57,942 $467,704
SCOTT M SIPPRELLE CHAIR 10.00
Officer Director
$0 $0 $0
HENRY DU PONT RIDGELY VICE CHAIR TO 4/2023 3.00
Officer Director
$0 $0 $0
RICHARD B VAUGHAN TREASURER TO 4/2023; VICE CHAIR FROM 4/2023 5.00
Officer Director
$0 $0 $0
KATE SIMPSON TREASURER FROM 4/2023 5.00
Officer Director
$0 $0 $0
KELLIE S DOUCETTE SECRETARY 3.00
Officer Director
$0 $0 $0
GRACE H GAHAGAN FOUNDER TRUSTEE 2.00
Director
$0 $0 $0
MERCEDES ABRAMO TRUSTEE 2.00
Director
$0 $0 $0
BISHOP KEVIN S BROWN TRUSTEE 2.00
Director
$0 $0 $0
JENNIFER B THOMAS TRUSTEE 2.00
Director
$0 $0 $0
CHARLES P DURKIN TRUSTEE 2.00
Director
$0 $0 $0
ARI K ELLIS TRUSTEE 2.00
Director
$0 $0 $0
MATI BUCCINI TRUSTEE 2.00
Director
$0 $0 $0
AARON BARNES TRUSTEE 2.00
Director
$0 $0 $0
MONICA CARMEL MATOUK TRUSTEE 2.00
Director
$0 $0 $0
EDITH JOHNSON TRUSTEE 2.00
Director
$0 $0 $0
PAUL F MURPHY TRUSTEE 2.00
Director
$0 $0 $0
JOHN EISENBREY TRUSTEE 2.00
Director
$0 $0 $0
MOIRA FORBES TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL ATALAY TRUSTEE 2.00
Director
$0 $0 $0
PORTER DURHAM TRUSTEE 2.00
Director
$0 $0 $0
SARAH ABBOTT TRUSTEE 2.00
Director
$0 $0 $0
CHRISTIAN WILSON TRUSTEE 2.00
Director
$0 $0 $0
ANNE HANCE TRUSTEE 2.00
Director
$0 $0 $0
HENRY MCVEY TRUSTEE 2.00
Director
$0 $0 $0
ANDREA SIN TRUSTEE TO 4/2023 3.00
Director
$0 $0 $0
L HEATHER MITCHELL TRUSTEE TO 4/2023 2.00
Director
$0 $0 $0
LAURISA S SCHUTT TRUSTEE TO 4/2023 2.00
Director
$0 $0 $0
ANN S VISALLI CHIEF OPERATING OFFICER 50.00
Officer
$228,557 $30,447 $259,004
JAMES B MAXWELL CHIEF FINANCIAL OFFICER 50.00
Officer
$155,624 $21,980 $177,604
Ann Wardwell CHIEF ADVANCEMENT OFFICER 50.00
Highest
$116,621 $16,377 $132,998
ANA RAMIREZ ASSOCIATE HEAD OF SCHOOL 60.00
Highest
$126,983 $28,323 $155,306
DAVID L MCKELVEY DIRECTOR OF FACILITIES & MAINT 50.00
Highest
$128,645 $20,298 $148,943
JASON HONSEL DIRECTOR OF COLLEGE COUNSELING 50.00
Highest
$131,728 $27,781 $159,509
BERNICE HERING-WHALEY DIRECTOR OF DEVELOPMENT 50.00
Highest
$141,030 $22,084 $163,114
DANIEL T ROACH JR FORMER HEAD OF SCHOOL, THROUGH 6/30/22 0.00
$205,050 $51,590 $256,640
KATHARINE DU PONT GAHAGAN CHAIR EMERITA 1.00
Director
$0 $0 $0
J KENT SWEEZEY CHAIR EMERITUS 1.00
Director
$0 $0 $0
MONIE T HARDWICK TRUSTEE EMERITA 1.00
Director
$0 $0 $0
MAUREEN K HARRINGTON TRUSTEE EMERITA 1.00
Director
$0 $0 $0
SABINA B FORBES TRUSTEE EMERITA 1.00
Director
$0 $0 $0
TIMOTHY W PETERS TRUSTEE EMERITUS 1.00
Director
$0 $0 $0
STEVEN B PFEIFFER TRUSTEE EMERITUS 1.00
Director
$0 $0 $0
SALLY PINGREE TRUSTEE EMERITA 1.00
Director
$0 $0 $0
CAROLINE DU PONT PRICKETT TRUSTEE EMERITA 1.00
Director
$0 $0 $0
EDWARD M STRONG TRUSTEE EMERITUS 1.00
Director
$0 $0 $0
ALEXANDER D STUART TRUSTEE EMERITUS 1.00
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 No data No data No data No data
2023 $34,015,176 $33,489,483 $382,779,448 $525,693
2022 $30,395,776 $32,223,547 $372,051,018 $-1,827,771
2021 $32,788,416 $29,318,253 $398,873,444 $3,470,163
2020 $51,040,752 $30,480,193 $338,483,968 $20,560,559
2019 $34,994,077 $31,555,213 $338,825,827 $3,438,864
2018 $59,163,870 $29,781,858 $336,209,408 $29,382,012
Explore More Nonprofits
→Top 100 Nonprofits in Delaware →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare St Andrew's School Of Delaware Inc with other nonprofits in Delaware and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.