ST STEPHEN'S AND ST AGNES SCHOOL FOUNDATION

EIN: 546054009 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$4,523,977
Total Expenses
$10,051,163
Total Assets
$47,898,424
Net Assets
$47,664,030
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
VA
Principal Officer
BETH CHASE
Phone
7032122724
Tax Period
2023-07-01 to 2024-06-30

ST STEPHEN'S AND ST AGNES SCHOOL FOUNDATION, founded in 1976, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $10.1M exceeded revenue, resulting in a 122% operating deficit.

Mission

THE MISSION OF THE FOUNDATION IS TO RAISE FUNDS IN SUPPORT OF ST. STEPHEN'S AND ST. AGNES SCHOOL, A CHURCH SCHOOL IN THE EPISCOPAL DIOCESE OF VIRGINIA. THE SCHOOL OFFERS A COED COLLEGE PREPARATORY EDUCATION TO STUDENTS IN EARLY SAINTS (3S PROGRAM) THROUGH TWELFTH GRADE WHILE CREATING A CHRISTIAN ENVIRONMENT IN WHICH EACH STUDENT CAN GROW IN MIND, BODY AND SPIRIT.

Program Service Accomplishments

Program 1
Expenses: $9,816,575

THE FOUNDATION MAKES GRANTS TO ST. STEPHEN'S AND ST. AGNES SCHOOL TO ENABLE THE SCHOOL TO PROVIDE SCHOLARSHIPES TO NEEDY STUDENTS AND SUPPORT THE ITS FACULTY. ST. STEPHEN'S AND ST. AGNES CURRENTLY...

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THE FOUNDATION MAKES GRANTS TO ST. STEPHEN'S AND ST. AGNES SCHOOL TO ENABLE THE SCHOOL TO PROVIDE SCHOLARSHIPES TO NEEDY STUDENTS AND SUPPORT THE ITS FACULTY. ST. STEPHEN'S AND ST. AGNES CURRENTLY ENROLL 1,219 STUDENTS, WITH MORE THAN $1.9 MILLION IN FINANCIAL ASSISTANCE AWARDED BY THE FOUNDATION

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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 $2,964,915
Program Service Revenue $0
Investment Income $1,519,507
Other Revenue $39,555
TOTAL REVENUE $4,523,977

Expense Breakdown

Grants Paid $9,816,575
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,816,575
Other Expenses $234,588
TOTAL EXPENSES $10,051,163

Year-over-Year Comparison

2023 2022 Change
Revenue $4,523,977 $6,471,965 -0.3%
Expenses $10,051,163 $4,595,194 +1.2%
Net Income $-5,527,186 $1,876,771 -3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN T SIEGEL JR CHAIR AND PRESIDENT 2.00
Officer Director
$0 $0 $0
RACHEL JARVIS SHAH SECRETARY 5.00
Officer Director
$0 $0 $0
BETH CHASE TREASURER 5.00
Officer Director
$0 $0 $0
KIRSTEN PRETYMAN ADAMS TRUSTEE 1.00
Director
$0 $0 $0
TIM ADAMS TRUSTEE 1.00
Director
$0 $0 $0
NATALIE GUNN TRUSTEE 1.00
Director
$0 $0 $0
HENRY BROADDUS TRUSTEE 1.00
Director
$0 $0 $0
PAT DYSON TRUSTEE 1.00
Director
$0 $0 $0
PETER CHADWICK TRUSTEE 1.00
Director
$0 $0 $0
RICK FISHER TRUSTEE 1.00
Director
$0 $0 $0
PETER MEYER TRUSTEE 1.00
Director
$0 $0 $0
JOHN MUSTIN TRUSTEE 1.00
Director
$0 $0 $0
CRAIG SHAPERO TRUSTEE 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 $4,523,977 $10,051,163 $47,898,424 $-5,527,186
2023 $6,471,965 $4,595,194 $51,391,333 $1,876,771
2022 $11,356,184 $4,192,676 $47,445,810 $7,163,508
2021 $11,205,821 $4,120,175 $47,135,993 $7,085,646
2020 $8,499,821 $4,075,149 $37,337,986 $4,424,672
2019 $4,773,346 $4,445,598 $35,087,105 $327,748
2018 $4,732,345 $4,185,533 $34,527,822 $546,812
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