North Cross School

EIN: 540699572 501(c)(3) Education

Roanoke, VA

Total Revenue
$16,221,674
Total Expenses
$16,104,391
Total Assets
$25,330,081
Net Assets
$21,407,842
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
VA
Principal Officer
Dominic Basile
Phone
5409896641
Tax Period
2024-07-01 to 2025-06-30

NORTH CROSS SCHOOL, founded in 1944, is a mid-sized nonprofit in the Education sector that reported $14.2M in total revenue in fiscal year 2018. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $12.1M left a modest 15% surplus.

Mission

North Cross School is an independent, nonsectarian school serving students in early childhood through 12th grade from across the Roanoke Valley, the region, and the world. Our mission is to inspire a community of intellectually curious learners to think critically, act with integrity, and lead with courage.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,490,343
Program Service Revenue $14,477,511
Investment Income $186,542
Other Revenue $67,278
TOTAL REVENUE $16,221,674

Expense Breakdown

Grants Paid $2,668,634
Salaries & Benefits $8,732,693
Fundraising Expenses $424,515
Program Expenses $13,056,727
Other Expenses $4,703,064
TOTAL EXPENSES $16,104,391

Year-over-Year Comparison

2024 2023 Change
Revenue $16,221,674 $17,059,582 0.0%
Expenses $16,104,391 $15,525,726 +0.0%
Net Income $117,283 $1,533,856 -0.9%
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
21
Independent Members
21
Employees
203
Volunteers
50

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
$0
Total Directors
21
$0
Key Employees
1
$221,772
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Boxley Beck Chair 1.00
Officer Director
$0 $0 $0
George I Vogel III Vice Chair, Treasurer 1.00
Officer Director
$0 $0 $0
Joseph M Hoff Secretary 1.00
Officer Director
$0 $0 $0
Priya Acharya Trustee 1.00
Director
$0 $0 $0
Kim Blair Trustee 1.00
Director
$0 $0 $0
Tyler D Caveness Trustee 1.00
Director
$0 $0 $0
Michaux Tayloe Chopski Trustee 1.00
Director
$0 $0 $0
W Patton Coles IV Trustee 1.00
Director
$0 $0 $0
Kevin Connelly Trustee 1.00
Director
$0 $0 $0
R Ethan Cook Trustee 1.00
Director
$0 $0 $0
Blair Godsey Trustee 1.00
Director
$0 $0 $0
Cathy Greenberg Trustee 1.00
Director
$0 $0 $0
John C Harlow Trustee 1.00
Director
$0 $0 $0
Dr Read Montague Trustee 1.00
Director
$0 $0 $0
John Parrott Trustee 1.00
Director
$0 $0 $0
Kevin R Quinn Trustee 1.00
Director
$0 $0 $0
James Ramey Trustee 1.00
Director
$0 $0 $0
Alexis Ratliff Trustee 1.00
Director
$0 $0 $0
Linda Leigh Rhoads Trustee 1.00
Director
$0 $0 $0
William Terry Trustee 1.00
Director
$0 $0 $0
Allen Whittle Trustee 1.00
Director
$0 $0 $0
Armistead Lemon Head of School 40.00
Key Emp
$205,428 $16,344 $221,772
Dominic Basile CFO 40.00
Highest
$125,572 $0 $125,572
William Greer Asst Head of School for Advancement 40.00
Highest
$127,809 $0 $127,809
Eric Lawrence Asst Head of School for Operations 40.00
Highest
$110,662 $0 $110,662
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 $16,221,674 $16,104,391 $25,330,081 $117,283
2024 $17,059,582 $15,525,726 $26,553,120 $1,533,856
2023 $14,452,163 $14,405,631 $25,906,876 $46,532
2022 $13,034,848 $13,219,901 $27,222,167 $-185,053
2021 $14,280,358 $11,839,164 $29,476,514 $2,441,194
2020 $11,830,325 $11,988,575 $25,415,430 $-158,250
2019 $14,183,345 $12,060,945 $20,188,327 $2,122,400
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