Ravenscroft School

Education organization based in Raleigh, NC. 440 employees. Exempt under §501(c)(3).

MissionOPERATION OF AN INDEPENDENT NONPROFIT SCHOOL THAT INCLUDES PRESCHOOL THROUGH GRADE TWELVE.

EIN
56-6001583
State
NC
Sector
Education
Budget band
$25M–$50M
Latest filing
TY 2023
Records
7 officers · 5 years

Financial snapshot · TY 2023

$41.1M
Total revenue
$40.7M
Total expenses
$85.6M
Net assets

Financial health · TY 2023

38
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
38
6.8 months of expenses
Program efficiency
40
66% spent on programs
Revenue diversity
34
Mix of program fees, grants & contributions

Leadership compensation

Doreen C Kelly
HEAD OF SCHOOL
$718,547
96th percentile vs. peers
$280,661
93th percentile vs. peers
Justin Brandon
ASSOCIATE HEAD OF SCHOOL
$240,370
96th percentile vs. peers
Edward J Gonet
DIRECTOR OF ATHLETICS
$214,797
93th percentile vs. peers
Aaron D Sundstrom
HEAD OF UPPER SCHOOL
$185,893
93th percentile vs. peers

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Ravenscroft School Executive Compensation | 990 Data | DoubleNine