GRYMES MEMORIAL SCHOOL INC

EIN: 540617529 501(c)(3) Education

ORANGE, VA

Total Revenue
$6,169,569
Total Expenses
$4,006,539
Total Assets
$29,601,582
Net Assets
$28,107,411
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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
VA
Principal Officer
JONATHAN BRAND
Phone
5406721010
Tax Period
2024-07-01 to 2025-06-30

GRYMES MEMORIAL SCHOOL, founded in 1947, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $1.5M, a strong 34% operating margin.

Mission

NURTURING CHARACTER, BUILDING THINKERS,CULTIVATING CREATIVITY,FOSTERING COMMUNITY (CONT. ON SCH O) LAUNCHING LEARNERS. GRYMES MEMORIAL SCHOOL IS A RURAL SCHOOL IN ORANGE COUNTY, VA, THAT SERVES FAMILIES FROM MORE THAN FIVE SURROUNDING COUNTIES -- FAMILIES OF REMARKABLE ECONOMIC DIVERSITY, AND WHOSE CHILDREN REFLECT A WIDE RANGE OF ABILITY. IN THE MIDST OF THIS DIVERSITY, WE ARE FORTUNATE TO BE DRAWN TOGETHER BY A SET OF STRONGLY HELD BELIEFS IN THE VITAL IMPORTANCE OF A RIGOROUS EDUCATION, IN THE DESIRABILITY OF CULTIVATING GOOD CHARACTER, IN THE JOYFUL CELEBRATION OF CREATIVITY, AND IN THE WARMTH AND SECURITY THAT A CARING COMMUNITY CAN PROVIDE. AS CHILDREN GROW AND FLOURISH IN THIS ENVIRONMENT, WE LOOK TO THE DAY THAT WE SEND THESE YOUNG LEARNERS ON THEIR WAY TO COMPLETE THEIR EDUCATIONS WITH SOUND FOUNDATION OF KNOWLEDGE AND SKILLS, AND WE HOPE THEIR EXPERIENCE AT GRYMES SERVES TO ENCOURAGE A FULL AND PRODUCTIVE LIFE OF LEARNING, CARING, AND CONTRIBUTING TO SOCIETY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,035,703
Program Service Revenue $3,035,140
Investment Income $948,673
Other Revenue $150,053
TOTAL REVENUE $6,169,569

Expense Breakdown

Grants Paid $715,700
Salaries & Benefits $2,510,457
Fundraising Expenses $257,824
Program Expenses $3,450,448
Other Expenses $780,382
TOTAL EXPENSES $4,006,539

Year-over-Year Comparison

2024 2023 Change
Revenue $6,169,569 $7,090,980 -0.1%
Expenses $4,006,539 $3,762,874 +0.1%
Net Income $2,163,030 $3,328,106 -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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Governance

Voting Members
13
Independent Members
13
Employees
57
Volunteers
29

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
$197,787
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN BRAND HEAD OF SCHOOL 40.00
Officer
$137,355 $60,432 $197,787
FRANKLIN DANIELS CHAIR 2.00
Officer Director
$0 $0 $0
PAT BARNHARDT VICE-CHAIR 2.00
Officer Director
$0 $0 $0
PETE YORK TREASURER 2.00
Officer Director
$0 $0 $0
MARTY VAN SANTVOORD SECRETARY 2.00
Officer Director
$0 $0 $0
NEVILLE ALLISON TRUSTEE 2.00
Director
$0 $0 $0
BOB BERNARD TRUSTEE 2.00
Director
$0 $0 $0
TOM BOND TRUSTEE-EMERITUS 0.10
Director
$0 $0 $0
GRAYSON BUTTERFIELD TRUSTEE 2.00
Director
$0 $0 $0
KEM COURTENAY TRUSTEE 2.00
Director
$0 $0 $0
MARK HERNDON TRUSTEE 2.00
Director
$0 $0 $0
GLORIA MASTIN TRUSTEE 2.00
Director
$0 $0 $0
KATHARINE MCBRIDE TRUSTEE-EMERITUS 0.10
Director
$0 $0 $0
RUSS RABB TRUSTEE 2.00
Director
$0 $0 $0
PETER RICE TRUSTEE 2.00
Director
$0 $0 $0
JANET SEDWICK TRUSTEE 2.00
Director
$0 $0 $0
ANNE UELTSCHI TRUSTEE-EMERITUS 0.10
Director
$0 $0 $0
CARLYLE WEAVER TRUSTEE 2.00
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 $6,169,569 $4,006,539 $29,601,582 $2,163,030
2024 $7,090,980 $3,762,874 $26,107,567 $3,328,106
2023 $6,652,909 $3,722,356 $21,403,083 $2,930,553
2022 $6,131,741 $3,377,707 $16,807,855 $2,754,034
2021 $5,072,615 $3,221,624 $17,179,180 $1,850,991
2020 $2,532,964 $2,960,143 $13,650,390 $-427,179
2019 $4,371,954 $2,864,379 $13,849,191 $1,507,575
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