SPRING VALLEY SCHOOL FOUNDATION

Address
2701 SYDNEY DRIVE
BIRMINGHAM, AL 35211
Contact
Website: http://www.springvalleyschool.org
Phone: +1 (205) 423-8660
Nonprofit
NTEE: B119 - Education
EIN: 63-1253000

Mission

PROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL
 20172016201520142013
Basic features of the organization
Year of formation2000
Subsection code03
PF filing required0    
Metropolitan statistical area1000
Form of organization
CorporationTrue
Other form of orgTrue
Description of other form of orgEXEMPT
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel $35,000.00$118,189.00$105,833.00$98,751.00
Sum of reportable (W2/1099) compensation$10,000.00$25,000.00$137,000.00$106,333.00$95,000.00
Number of employees3028383924
Number of people compensated >$100k00000
Number of volunteers030252520
Number of highly compensated contractors0000 
Personnel
Abbott, Joe
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personJOE ABBOTT JRJOE ABBOTT JRJOE ABBOTT JRJOE B ABBOTT JRJOE B ABBOTT JR
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officer   TrueTrue
Average hours per week working for org0.500.500.500.500.50
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Angelillo, Tommy
Title BOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person TOMMY ANGELILLOTOMMY ANGELILLOTOMMY ANGELILLOTOMMY ANGELILLO
Position of compensated person
Current individual trustee or director TrueTrue  
Current officer   TrueTrue
Average hours per week working for org 0.500.500.500.50
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Ascherman, Lee
Title BOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person LEE ASCHERMAN MDLEE ASCHERMAN MDLEE ASCHERMAN MDLEE ASCHERMAN MD
Position of compensated person
Current individual trustee or director TrueTrue  
Current officer   TrueTrue
Average hours per week working for org 0.500.500.500.50
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Barabash, Claire
Title   FORMER DIRECTORDIRECTOR
Name of key/compensated person   CLAIRE BARABASHCLAIRE BARABASH
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org   40.0040.00
Reportable compensation from org   $48,000.00$95,000.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Cornay, Wj
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personWJ CORNAY MDWJ CORNAY MDWJ CORNAY MDWJ CORNAY MDWJ CORNAY MD
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officer   TrueTrue
Average hours per week working for org0.500.500.500.500.50
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Finn, David
TitleBOARD MEMBER    
Name of key/compensated personDAVID FINN    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org0.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Fiveash, Laura
TitleEXECUTIVE DIRECTOREXECUTIVE DIRECTOREXECUTIVE DIRECTOR  
Name of key/compensated personDR LAURA FIVEASHDR LAURA FIVEASHDR LAURA FIVEASH  
Position of compensated person
Current officerTrueTrueTrue  
Average hours per week working for org40.0040.0040.00  
Reportable compensation from org$10,000.00$25,000.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Johnson, Hettie
TitleBOARD MEMBER    
Name of key/compensated personHETTIE JOHNSON    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org0.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Johnson, Sam
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personSAM JOHNSONSAM JOHNSONSAM JOHNSONSAM JOHNSONSAM JOHNSON
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.500.500.500.500.50
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Kisor, Karen
Title  FORMER EXECUTIVE DIRECTOR  
Name of key/compensated person  KAREN KISOR  
Position of compensated person
Current officer  True  
Average hours per week working for org  40.00  
Reportable compensation from org  $58,667.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Levy, Jack
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personJACK LEVY JDJACK LEVY JDJACK LEVY JDJACK LEVYJACK LEVY
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officer   TrueTrue
Average hours per week working for org0.500.500.502.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
McDonald, John
Title BOARD MEMBER   
Name of key/compensated person JOHN MCDONALD   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 0.50   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Smith, Carlton
Title  FORMER EXECUTIVE DIRECTORDIRECTOR 
Name of key/compensated person  CARLTON SMITHCARLTON SMITH 
Position of compensated person
Current individual trustee or director   True 
Current officer  True  
Average hours per week working for org  40.0040.00 
Reportable compensation from org  $78,333.00$58,333.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Stagno, Mary
TitleBOARD MEMBER    
Name of key/compensated personMARY LAURA STAGNO    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org0.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Whitley, Sally
TitleSECRETARYSECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated personSALLY WHITLEYSALLY WHITLEYSALLY WHITLEYSALLY WHITLEYSALLY WHITLEY
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Wilson, Thomas
Title BOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person THOMAS WILSON MDTHOMAS WILSON MDTHOMAS WILSON MDTHOMAS WILSON MD
Position of compensated person
Current individual trustee or director TrueTrue  
Current officer   TrueTrue
Average hours per week working for org 0.500.500.500.50
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOLPROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOLPROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOLPROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOLPROVIDING SPECIALIZED LEARNING PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL
Program service expenses, total$1,038,831.00$994,821.00$791,725.00$845,460.00$744,854.00
Programs, including revenue & expenses
MEMORIAL GIFT TO COLLAT JEWISH FAMILY SERVICES.
Grants and allocations made    $100.00
Program description    MEMORIAL GIFT TO COLLAT JEWISH FAMILY SERVICES.
PROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIES
Program descriptionPROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIESPROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIESPROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIESPROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIESPROVIDES INDIVIDUALIZED ACADEMIC PROGRAMS IN AN INDEPENDENT PRIVATE SCHOOL TO STUDENTS WITH LEARNING DISABILITIES
Financial data
Revenue
Total revenue$1,404,557.00$1,309,466.00$1,042,914.00$995,000.00$880,666.00
Revenue from contributions (total)$366,582.00$393,155.00$73,481.00$55,091.00$42,749.00
Revenue from noncash contributions$11,296.00 $5,000.00  
Investment income, current yr$309.00$3,099.00$2,394.00$2,208.00$5,349.00
Total revenue from grants, etc., current yr$366,582.00$393,155.00$73,481.00$55,091.00$42,749.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$43,029.00$54,552.00$70,741.00$50,404.00$61,958.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$994,637.00$858,660.00$896,298.00$887,297.00$770,610.00
Gross receipts$1,427,154.00$1,336,512.00$1,086,749.00$1,019,885.00$929,199.00
Sources of contributions
Revenue from fundraising events  $42,500.00  
Revenue from all other contributions$366,582.00$393,155.00$30,981.00$55,091.00$42,749.00
Other types of revenue
Income from dividends, interest, and similar investments$186.00$2,128.00$1,253.00$1,935.00$2,495.00
Net rental income$3,000.00 $0.00$0.00$0.00
Net income from fundraising events$40,029.00$54,552.00$70,741.00$50,404.00$61,958.00
Expense categories (totals)
Total functional expenses: sum of all$1,210,516.00$1,163,164.00$946,049.00$1,032,821.00$933,437.00
Total functional expenses: program service $1,038,831.00$994,821.00$791,725.00$845,460.00$744,854.00
Total functional expenses: management and general$162,068.00$140,345.00$124,062.00$109,925.00$113,409.00
Total functional expenses: fundraising$9,617.00$27,998.00$30,262.00$77,436.00$75,174.00
Fees for services
Legal fees (total) $984.00$5,568.00  
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)   $491.00$1,693.00
Assets and liabilities
Total assets$1,692,674.00$608,750.00$310,703.00$159,132.00$264,262.00
Total assets, beginning of year$608,750.00$310,703.00$159,132.00$264,262.00$312,600.00
Total liabilities$1,251,249.00$366,224.00$211,588.00$109,695.00$182,877.00
Total liabilities, beginning of year$366,224.00$211,588.00$109,695.00$182,877.00$177,882.00
Pledges & accounts receivable, net$30,000.00$120,273.00   
Unrestricted net assets, end of yr$381,425.00-$95,093.00$49,290.00-$18,382.00$25,046.00
Temporarily restricted net assets$60,000.00$337,619.00$49,825.00$20,767.00$14,357.00
Permanently restricted net assets, end of yr  $0.00$47,052.00$41,982.00
Net assets$441,425.00$242,526.00$99,115.00$49,437.00$81,385.00
Net assets, beginning of year$242,526.00$99,115.00$49,437.00$81,385.00$134,718.00
Other assets$1,538.00$10,000.00 $47,050.00$41,982.00
Investments: other securities$50,906.00$46,105.00$47,034.00  
Cash: non-interest bearing$7,273.00$12,036.00$18,846.00$40,388.00$46,508.00
Cash: non-interest bearing, beginning of year$12,036.00$18,846.00$40,388.00$46,508.00$98,529.00
Other financial variables
Revenue less expenses$194,041.00$146,302.00$96,865.00-$37,821.00-$52,771.00
Advertising (total)$8,140.00$5,731.00$6,248.00  
Savings & temp cash investment$97,112.00$360,472.00$191,464.00$12,199.00$118,608.00
Accounts receivable, net$12,163.00$1,803.00$14,405.00$17,466.00$10,656.00
Prepaid expenses & deferred charges$2,400.00$5,080.00$3,455.00$2,992.00 
Accounts payable & accrued expenses$64,853.00$64,196.00$53,546.00$17,572.00$10,132.00
Deferred revenue$203,015.00$201,590.00$158,042.00$92,123.00$172,745.00
Secured mortgages and notes payable$983,381.00$100,438.00   
Total net assets or fund balances$441,425.00$242,526.00$99,115.00$49,437.00$81,385.00
Depreciation, depletion, amortization$66,288.00$36,775.00$14,716.00$12,465.00$17,489.00
Governance and accountability
Number of voting members88888
Number of independent voting members88888
Financial sheets auditedTrueTrueTrue  
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Indicators for schedules (selected)
Business transaction with entity owner   TrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Address changeTrue    
Date e-filing submitted2018-03-202017-08-252016-07-212015-07-152014-03-13
IRS schema version2016v3.02015v3.02014v6.02013v4.02012v2.1
Filing identifier201830259349300508201721089349300307201640709349300404201511349349307511201420139349300122
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