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Gerstell Academy

Cockeysville, MD · EIN 31-1620693 · 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

Gerstell Academy reported $13.0 million in revenue and $10.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.70 went to program services, $23.15 to management and general costs and $1.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 58.5% of the total. The highest compensation it reported for one person was $367,500 (PRESIDENT). 5 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2021 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 $11M

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 $13M

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)
75.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
23.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
26.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
58.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$367,500$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.42%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
29.213.3
Independent voting board members
Part VI 1a–1b
16 of 16100.0%

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
$8.0M expenses · 99.0% of program spending · revenue $7.4M

All expenses incurred are in the furtherance of the school's exempt purpose of providing pre kindergarden through grade 12 education

$78,927 expenses · 1.0% of program spending · revenue $128K

Gerstell-falcon sports camp

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
PRESIDENT
Highest compensated employee, 40.00 hrs/week
$367,500$0$0$367,500
IT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$139,645$0$0$139,645
EMPLOYEE
Highest compensated employee, 40.00 hrs/week
$120,165$0$0$120,165
UPPER SCHOOL HEAD
Highest compensated employee, 40.00 hrs/week
$114,008$0$0$114,008
LOWER SCHOOL HEAD
Highest compensated employee, 40.00 hrs/week
$103,569$0$0$103,569

5 people received more than $100,000 in reportable compensation from Gerstell Academy (Part VII, line 2).

5 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$20MFY2021FY2022FY2023FY2024FY2025$13M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$13M$11M75.7%$26M$367,500
FY2024 ⓘ$10M$10M75.0%$22M$400,000
FY2023 ⓘ$9.6M$9.9M76.2%$20M$168,005
FY2022 ⓘ$11M$9.0M77.0%$20M$154,067
FY2021 ⓘ$8.9M$9.2M79.4%$24M$146,731

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–1b16 · 16 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 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • 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 5122

Private foundation grants it received

6 private foundations reported grants to Gerstell Academy totaling $242K 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 Gerstell Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gerstell Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maryland

Questions people ask

How much of Gerstell Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Gerstell Academy reported that 75.7% of its $10.7 million in expenses went to program services, 23.1% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Gerstell Academy pay its top executive?

The largest total compensation Gerstell Academy reported for one person in the fiscal year ending June 30, 2025 was $367,500, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Gerstell Academy get its money?

Of $13.0 million in revenue in the fiscal year ending June 30, 2025, 26.8% came from contributions and grants and 58.5% from program service revenue (Form 990, Part VIII).

Is Gerstell Academy a registered charity?

The IRS lists EIN 31-1620693 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202611279349304416 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349306451 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441249349300809 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349304428 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349308844 · read the filing

All filings for EIN 31-1620693: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.