THE STUART HALL SCHOOL FOUNDATION

EIN: 841648803 501(c)(3) Education

STAUNTON, VA

Total Revenue
$4,695,169
Total Expenses
$3,450,812
Total Assets
$9,004,707
Net Assets
$8,940,448
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
VA
Principal Officer
STEVE MCALLISTER
Phone
5408850356
Tax Period
2024-07-01 to 2025-06-30

THE STUART HALL SCHOOL FOUNDATION, founded in 2003, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2017. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $714K, a strong 30% operating margin.

Mission

THE FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE OF ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS, AS WELL AS TO MAKE DISTRIBUTIONS TO SUCH ORGANIZATIONS. THE FOUNDATION'S PURPOSE MAY INCLUDE SUPPORTING THE EDUCATIONAL MINISTRY AND MISSION OF STUART HALL SCHOOL.

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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 $4,430,622
Program Service Revenue $0
Investment Income $264,547
Other Revenue $0
TOTAL REVENUE $4,695,169

Expense Breakdown

Grants Paid $3,392,694
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,392,694
Other Expenses $58,118
TOTAL EXPENSES $3,450,812

Year-over-Year Comparison

2024 2023 Change
Revenue $4,695,169 $2,106,525 +1.2%
Expenses $3,450,812 $3,091,139 +0.1%
Net Income $1,244,357 $-984,614 -2.3%
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
9
Independent Members
9
Employees
N/A
Volunteers
9

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE MCALLISTER CHAIR 1.00
Officer Director
$0 $0 $0
KATIE MCCONNEL VICE CHAIR 1.00
Officer Director
$0 $0 $0
DANA PARKS GRAY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DR JULIA EAST TRUSTEE 1.00
Director
$0 $0 $0
JEFF GIGNAC TRUSTEE 1.00
Director
$0 $0 $0
SALLY BALCH HURME TRUSTEE 1.00
Director
$0 $0 $0
SUSAN SMITH MAKOS TRUSTEE 1.00
Director
$0 $0 $0
CATE DELL DUSSEK TRUSTEE 1.00
Director
$0 $0 $0
BARBARA WARDER 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 $4,695,169 $3,450,812 $9,004,707 $1,244,357
2024 $2,106,525 $3,091,139 $7,818,194 $-984,614
2023 $2,843,051 $2,860,022 $8,925,668 $-16,971
2022 $3,586,651 $2,402,174 $8,911,368 $1,184,477
2021 $2,399,851 $1,309,300 $8,530,431 $1,090,551
2020 $1,890,901 $2,063,767 $7,580,868 $-172,866
2019 $3,194,919 $4,513,081 $8,388,442 $-1,318,162
2018 $2,397,274 $1,683,492 $9,075,849 $713,782
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