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Davidson Day School

Davidson, NC · EIN 11-1976223 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Davidson Day School reported $14.7 million in revenue and $14.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $73.76 went to program services, $24.41 to management and general costs and $1.83 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.8% of the total. The highest compensation it reported for one person was $220,048 (Head of Upper Scho). 6 people received more than $100,000 in reportable compensation. Revenue rose 47% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15M

Other revenue was negative: −$144K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
73.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
24.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.28$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$220,048$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.57%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.913.3
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.7M expenses · 93.6% of program spending · grants $845K · revenue $12M

Instructional - Davidson Day School cultivates academic excellence through collaboration, creativity, and character development. Each student is offered an active, challenging learning environment through our broad array of programs. The school had total enrollment of 518 students from pre-kindergarten through the 12th grade

$441K expenses · 4.3% of program spending · revenue $521K

Special Programs - Includes the Learning and Enrichment Center and Extended Care Programs

$222K expenses · 2.2% of program spending · revenue $217K

Auxiliary Services - Includes Cafeteria and Spiritwear

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Head of Upper Scho
Listed in Part VII, 40.00 hrs/week
$161,367$0$58,681$220,048
CFO
Officer, 40.00 hrs/week
$192,966$0$7,066$200,032
Head of School
Director/trustee, officer, 40.00 hrs/week
$147,128$0$44,764$191,892
Head of Lower Scho
Listed in Part VII, 40.00 hrs/week
$117,871$0$44,332$162,203
Head of Middle Sch
Listed in Part VII, 40.00 hrs/week
$110,567$0$13,469$124,036
Director of Philan
Listed in Part VII, 40.00 hrs/week
$107,569$0$486$108,055

6 people received more than $100,000 in reportable compensation from Davidson Day School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $392K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$15M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$15M$14M73.8%$13M$220,048
FY2024 ⓘ$14M$12M76.7%$12M$222,386
FY2023 ⓘ$12M$11M73.9%$9.9M$302,237
FY2022 (amended) ⓘ$13M$10.0M75.2%$9.0M$273,986
FY2021 ⓘ$11M$9.5M73.6%$5.7M$184,055
FY2020 ⓘ$10M$10M73.4%$4.4M$266,466

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5177
  • Volunteers Part I, line 670

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Jay P Morgan dba Comstasis LLC
Technology Service
$105,125

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Davidson Day School totaling $42,758 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Davidson Day School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Davidson Day School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of Davidson Day School's spending goes to programs?

In the fiscal year ending June 30, 2025, Davidson Day School reported that 73.8% of its $14.0 million in expenses went to program services, 24.4% to management and general and 1.8% to fundraising (Form 990, Part IX).

How much does Davidson Day School pay its top executive?

The largest total compensation Davidson Day School reported for one person in the fiscal year ending June 30, 2025 was $220,048, for the role of Head of Upper Scho (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Davidson Day School get its money?

Of $14.7 million in revenue in the fiscal year ending June 30, 2025, 6.2% came from contributions and grants and 92.8% from program service revenue (Form 990, Part VIII).

Is Davidson Day School a registered charity?

The IRS lists EIN 11-1976223 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611339349303721 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349304441 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421299349303912 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022 (amended), object 202432349349300013 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200619349301435 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140369349300024 · read the filing

All filings for EIN 11-1976223: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.