The Fay School

EIN: 760321325 501(c)(3)

Houston, TX

Total Revenue
$12,079,383
Total Expenses
$9,942,167
Total Assets
$29,802,469
Net Assets
$22,851,098
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
TX
Principal Officer
Morgan Scoville
Phone
7136818300
Tax Period
2023-07-01 to 2024-06-30

The Fay School, founded in 1990, is a mid-sized nonprofit that reported $12.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.1M, a strong 18% operating margin.

Mission

The Fay School offers high- quality education for students in preschool through fifth grade.

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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 $998,699
Program Service Revenue $10,049,158
Investment Income $862,033
Other Revenue $169,493
TOTAL REVENUE $12,079,383

Expense Breakdown

Grants Paid $407,191
Salaries & Benefits $5,925,353
Fundraising Expenses $518,872
Program Expenses $8,576,744
Other Expenses $3,544,023
TOTAL EXPENSES $9,942,167

Year-over-Year Comparison

2023 2022 Change
Revenue $12,079,383 $10,695,920 +0.1%
Expenses $9,942,167 $9,096,705 +0.1%
Net Income $2,137,216 $1,599,215 +0.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
130
Volunteers
100

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
$477,868
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Omar Samji Chair 5.00
Officer Director
$0 $0 $0
Megan Pond Secretary 5.00
Officer Director
$0 $0 $0
Sarah Pollock Treasurer 5.00
Officer Director
$0 $0 $0
Jas Brar Director 5.00
Director
$0 $0 $0
Maris Castro Director 5.00
Director
$0 $0 $0
Sabrina Colgin Director 5.00
Director
$0 $0 $0
Lauren Duke Director 5.00
Director
$0 $0 $0
Marie Fay Evnochides Founding Head of School 5.00
Director
$0 $0 $0
Jason Itkin Director 5.00
Director
$0 $0 $0
Justin Leighton Director 5.00
Director
$0 $0 $0
Jared Levinthal Director 5.00
Director
$0 $0 $0
Lauren Libby Director 5.00
Director
$0 $0 $0
Kranthi Patel Director 5.00
Director
$0 $0 $0
Alex Smith Director 5.00
Director
$0 $0 $0
Kate Withall Director 5.00
Director
$0 $0 $0
Morgan Scoville CEO, Head of School 40.00
Officer
$285,582 $17,266 $302,848
Jeffrey Fountain CFO, Assistant Head of School 40.00
Officer
$160,563 $14,457 $175,020
John Grube Director of Tech and Operations 40.00
Highest
$101,263 $14,166 $115,429
Melissa Sherman Principal 40.00
Highest
$113,293 $12,534 $125,827
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 $12,079,383 $9,942,167 $29,802,469 $2,137,216
2023 $10,769,143 $8,399,208 $30,531,496 $2,369,935
2023 $10,695,920 $9,096,705 $26,184,974 $1,599,215
2022 $9,467,256 $7,889,425 $24,680,896 $1,577,831
2021 $8,809,137 $7,350,151 $22,159,376 $1,458,986
2020 $8,089,200 $7,712,763 $20,796,891 $376,437
2019 $9,000,522 $8,152,168 $20,355,426 $848,354
2018 $8,896,647 $8,586,813 $19,448,940 $309,834
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