The Oakwood School Inc

EIN: 561938898 501(c)(3) Education

Greenville, NC

Total Revenue
$6,544,822
Total Expenses
$5,310,311
Total Assets
$9,148,486
Net Assets
$5,407,607
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NC
Phone
2529310760
Tax Period
2023-07-01 to 2024-06-30

The Oakwood School Inc, founded in 1995, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 19% operating margin.

Mission

The Oakwood School seeks to instill in its students the strength of character, the creativity, and the wisdom to make a difference in the world.

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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 $1,066,190
Program Service Revenue $5,304,649
Investment Income $77,418
Other Revenue $96,565
TOTAL REVENUE $6,544,822

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,672,987
Fundraising Expenses $167,543
Program Expenses $4,319,560
Other Expenses $1,637,324
TOTAL EXPENSES $5,310,311

Year-over-Year Comparison

2023 2022 Change
Revenue $6,544,822 $4,941,807 +0.3%
Expenses $5,310,311 $4,721,911 +0.1%
Net Income $1,234,511 $219,896 +4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
137
Volunteers
10

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
4
$197,921
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dan Quesnel Head Of School 40.00
Officer
$197,921 $0 $197,921
Aaron Denison Trustee 4.00
Director
$0 $0 $0
Sue Ann Forrest Swift Trustee 4.00
Director
$0 $0 $0
Sterling Edmonds Trustee 4.00
Director
$0 $0 $0
David Fairbrother Trustee 4.00
Director
$0 $0 $0
Jeff Longshore President 30.00
Officer Director
$0 $0 $0
Kristel McLawhorn Vice President 10.00
Officer Director
$0 $0 $0
Tamara Shusterman Trustee 4.00
Director
$0 $0 $0
Lynne Garrison Trustee 4.00
Director
$0 $0 $0
Linda Roberson Trustee 4.00
Director
$0 $0 $0
Scott Barker Trustee 4.00
Director
$0 $0 $0
Marc Hustvedt Trustee 4.00
Director
$0 $0 $0
Allen Sicley Trustee 4.00
Director
$0 $0 $0
Brandon Tate Treasurer 10.00
Officer Director
$0 $0 $0
Kenji Leonard Trustee 4.00
Director
$0 $0 $0
Jimmy Hite Trustee 4.00
Director
$0 $0 $0
Trey Sloan Trustee 4.00
Director
$0 $0 $0
Ashley Eatmon Trustee 4.00
Director
$0 $0 $0
Jenny Oliverio Trustee 4.00
Director
$0 $0 $0
Rachel Speicher Trustee 4.00
Director
$0 $0 $0
Carl Turner Trustee 4.00
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 $6,544,822 $5,310,311 $9,148,486 $1,234,511
2023 $4,941,807 $4,721,911 $7,300,029 $219,896
2022 $5,195,308 $4,437,895 $6,981,167 $757,413
2021 $4,484,955 $4,231,571 $7,067,474 $253,384
2020 $4,269,928 $4,470,352 $6,563,117 $-200,424
2019 $5,531,233 $4,376,330 $9,272,502 $1,154,903
2018 $4,626,002 $5,351,441 $8,362,752 $-725,439
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