Charity Impact Media

Home › Education

Greensboro Independent School Corp

Also known as Greensboro Day School

Greensboro, NC · EIN 56-0949932 · 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

Greensboro Independent School Corp reported $32.3 million in revenue and $26.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $72.85 went to program services, $24.47 to management and general costs and $2.68 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.8% of the total. The highest compensation it reported for one person was $547,414 (HEAD OF SCHOOL). 9 people received more than $100,000 in reportable compensation. Revenue rose 71% 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 $27M

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 $32M

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)
72.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
24.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.26$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
79.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$547,414$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.03%1.28%
People paid over $100,000
Part VII, line 2
98
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
30.313.3
Independent voting board members
Part VI 1a–1b
22 of 22100.0%

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
$20M expenses · 100.0% of program spending · grants $3.2M · revenue $26M

The school is committed to providing our students a challenging and inspiring academic program that supports students in achieving their potential in college and life, a socially and economically diverse community that honors and nurtures relationships among students, faculty, and community, an exceptional extra-curricular opportunity that enriches the educational experience and a global perspective that cultivates respect for others and promotes a stewardship of the environment

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 SCHOOL
Officer, 40.0 hrs/week
$497,070$0$50,344$547,414
Chief Philanthrophy Officer
Officer, 40.0 hrs/week
$162,696$0$27,378$190,074
Associate Head of School for People & Program
Officer, 40.0 hrs/week
$171,736$0$12,574$184,310
Middle School Division Director
Highest compensated employee, 40.0 hrs/week
$117,998$0$39,323$157,321
Assistant Head of School for Operations
Highest compensated employee, 40.0 hrs/week
$142,438$0$12,163$154,601
Lower School Division Director
Highest compensated employee, 40.0 hrs/week
$123,735$0$20,776$144,511
Director of Basketball Operations
Highest compensated employee, 40.0 hrs/week
$127,374$0$14,935$142,309
Upper School Division Director
Highest compensated employee, 40.0 hrs/week
$129,979$0$9,385$139,364

9 people received more than $100,000 in reportable compensation from Greensboro Independent School Corp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $936K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$32M$27M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$32M$27M72.9%$68M$547,414
FY2024 ⓘ$34M$24M68.3%$63M$542,126
FY2023 ⓘ$40M$24M69.1%$53M$466,669
FY2022 ⓘ$23M$20M72.5%$36M$422,459
FY2021 ⓘ$22M$18M72.8%$36M$347,712
FY2020 ⓘ$19M$18M73.4%$30M$449,313

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–1b22 · 22 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 5385
  • Volunteers Part I, line 6225

Private foundation grants it received

24 private foundations reported grants to Greensboro Independent School Corp totaling $334K 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 Greensboro Independent School Corp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Greensboro Independent School Corp, 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 Greensboro Independent School Corp's spending goes to programs?

In the fiscal year ending June 30, 2025, Greensboro Independent School Corp reported that 72.9% of its $26.9 million in expenses went to program services, 24.5% to management and general and 2.7% to fundraising (Form 990, Part IX).

How much does Greensboro Independent School Corp pay its top executive?

The largest total compensation Greensboro Independent School Corp reported for one person in the fiscal year ending June 30, 2025 was $547,414, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Greensboro Independent School Corp get its money?

Of $32.3 million in revenue in the fiscal year ending June 30, 2025, 8.6% came from contributions and grants and 79.8% from program service revenue (Form 990, Part VIII).

Is Greensboro Independent School Corp a registered charity?

The IRS lists EIN 56-0949932 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 202631279349301938 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501819349301370 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349308159 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330869349300808 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349305330 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101349349300320 · read the filing

All filings for EIN 56-0949932: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.