Nonprofit · EIN 23-1365969
SOLEBURY SCHOOL
Tax-exempt · NEW HOPE, PA 18938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,805,392 | $19,432,718 | $372,674 | $52,177,308 | $18,732,561 | $33,444,747 |
| June 30, 2024 | 990 | $21,543,994 | $18,896,490 | $2,647,504 | $49,835,137 | $18,187,735 | $31,647,402 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,269,420
- Program service revenue
- $15,413,468
- Investment income
- $750,535
- Net rental income
- $71,982
- Net gain from sales of assets
- $160,286
- Net income from fundraising events
- -$25,012
- Net income from gaming
- $7,913
- Other revenue
- $371,969
Expenses
- Grants and similar amounts paid
- $4,314,837
- Compensation of officers, directors and key employees
- $500,657
- Other salaries and wages
- $7,729,868
- Salaries, compensation and benefits (total)
- $10,282,898
- Professional fundraising fees
- $0
- Legal fees
- $98,084
- Accounting fees
- $51,371
- Occupancy
- $265,919
- Travel
- $57,802
- Depreciation
- $1,252,306
- Program services (functional)
- $15,100,369
- Management and general (functional)
- $4,016,917
- Fundraising (functional)
- $315,432
Balance sheet and other
- Total assets, start of year
- $49,835,137
- Total assets, end of year
- $52,177,308
- Total liabilities, end of year
- $18,732,561
- Net assets, end of year
- $33,444,747
- Land, buildings and equipment
- $28,707,118
- Publicly traded securities
- $14,784,317
- Net assets without donor restrictions
- $13,592,376
- Net assets with donor restrictions
- $19,852,371
- Gross receipts
- $20,456,304
- Employees
- 227
- Volunteers
- 74
- Year formed
- 1925
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS G WILSCHUTZ | HEAD OF SCHOOL Officer | 40 | $272,612 | $29,613 |
| STEVEN BUTEUX | ASSOCIATE HEAD OF SCHOOL Highest-paid employee | 40 | $125,734 | $24,122 |
| SCOTT ECKSTEIN | DIR, ENROLLMENT MGT & FINANCIAL AID Highest-paid employee | 40 | $116,627 | $29,115 |
| JONATHAN FREER | DIR, INFORMATION & EDUCATIONAL TECH Highest-paid employee | 40 | $108,917 | $22,465 |
| RICHARD TONY | DIRECTOR OF STUDIES Highest-paid employee | 40 | $102,486 | $26,409 |
| KRISTY RASKA | DIR OF STUDENT SUPPORT & WELLNESS Highest-paid employee | 40 | $101,844 | $24,534 |
| STEVEN FELD | DIR OF FINANCE & OPS (UNTIL 08/24) Officer | 40 | $106,865 | $19,479 |
| DREW CAHAN | DIR OF FINANCE & OPS (AS OF 08/24) Officer | 40 | $59,848 | $20,084 |
| ELIZABETH WAVLE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOSH PERLSWEIG | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELLEN FAULKNER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL FOLEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| UFUOMA ABIOLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ED BEEMER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT BOLENBAUGH | TRUSTEE Trustee or director | 2 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN BRADY | TRUSTEE Trustee or director | 2 | $0 |
| ANDREA DEVEREUX | TRUSTEE Trustee or director | 2 | $0 |
| ANDY GESPASS | TRUSTEE Trustee or director | 2 | $0 |
| DESHAWN HENDRICKS | TRUSTEE Trustee or director | 2 | $0 |
| HAMID HOMAEE | TRUSTEE Trustee or director | 2 | $0 |
| HEINER MARKHOFF | TRUSTEE Trustee or director | 2 | $0 |
| JOHN MORROW | TRUSTEE Trustee or director | 2 | $0 |
| MANDY MUNDY | TRUSTEE Trustee or director | 2 | $0 |
| SHAUGHNESSY NAUGHTON | TRUSTEE Trustee or director | 2 | $0 |
| STEPHANIE PAYNE | TRUSTEE Trustee or director | 2 | $0 |
| JOAN REINTHALER | TRUSTEE Trustee or director | 2 | $0 |
| COLLEEN SCHLEGEL | TRUSTEE Trustee or director | 2 | $0 |
| DEREK WARDEN | TRUSTEE Trustee or director | 2 | $0 |
| BRETT WEBBER | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS G WILSCHUTZ | HEAD OF SCHOOL Officer | 40 | $290,088 | $28,813 |
| STEVEN FELD | DIRECTOR OF FINANCE & OPERATIONS Officer | 40 | $166,462 | $36,344 |
| JENNIFER BURNS | ASST HEAD OF SCHOOL, ADV & EXT AFFRS Highest-paid employee | 40 | $144,478 | $28,538 |
| STEVE BUTEUX | ASSOCIATE HEAD OF SCHOOL Highest-paid employee | 40 | $123,190 | $22,615 |
| SCOTT ECKSTEIN | DIR, ENROLLMENT MGT & FINANCIAL AID Highest-paid employee | 40 | $113,633 | $28,165 |
| JON FREER | DIR, INFORMATION & EDUCATIONAL TECH Highest-paid employee | 40 | $102,755 | $22,285 |
| JAMES WERTMAN | ASSOCIATE DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $106,003 | $5,722 |
| ELIZABETH WAVLE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAN COHEN | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELLEN FAULKNER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL FOLEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| UFUOMA ABIOLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT BOLENBAUGH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANN BRADY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREA DEVEREUX | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDY GESPASS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HAMID HOMAEE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HEINER MARKHOFF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN MORROW | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHANIE PAYNE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM PENNEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSH PERLSWEIG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOAN REINTHALER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| COLLEEN SCHLEGEL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DEREK WARDEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRETT WEBBER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELLEN WESTHEIMER | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6832 PHILLIPS MILL RD, NEW HOPE, PA 18938-9682
- Principal officer (990 for 2024)
- ELIZABETH WAVLE, 6832 PHILLIPS MILL ROAD, NEW HOPE, PA 189389682
- Signed the 990
- ELIZABETH WAVLE, CHAIR
- Phone
- (215) 862-5261
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
SEE SCHEDULE O.SOLEBURY SCHOOL IS A PRIVATE INDEPENDENT SCHOOL FOR STUDENTS IN GRADES 9 THROUGH 12. SOLEBURY SCHOOL'S MISSION IS TO CREATE AN ENVIRONMENT OF EDUCATIONAL EXCELLENCE THAT PREPARES STUDENTS FOR SUCCESS IN COLLEGE AND BEYOND. IN THE SOLEBURY COMMUNITY, WE STRONGLY VALUE INTELLECTUAL CHALLENGE AND ACADEMIC ACHIEVEMENT, CREATIVE AND INDEPENDENT THINKING, MUTUAL RESPECT BETWEEN STUDENTS AND TEACHERS, DEEP RESPECT FOR EACH INDIVIDUAL, AND DIVERSITY.
Program accomplishments
- SOLEBURY SCHOOL OPERATES ON A TRIMESTER SYSTEM WITH ADDITIONAL EXPERIENTIAL EDUCATION AND ACADEMIC PROGRAMS DURING THE TWO WEEKS OF SPRING BREAK AND OVER THE SUMMER (INCLUDING GLOBAL EDUCATION AND TRAVEL). IN FY2025 THE SCHOOL ENROLLED 258 STUDENTS (9TH GRADE: 46, 10TH GRADE: 67, 11TH GRADE: 78, 12TH GRADE: 67). OF THOSE STUDENTS, 103 WERE BOARDING STUDENTS AND 155 WERE DAY STUDENTS. THE STUDENT BODY CAME FROM 11 COUNTRIES (NOT INCLUDING THE UNITED STATES) AND 16 STATES, AND OUR 2024 GRADUATES WENT ON TO ATTEND 51 DIFFERENT COLLEGES IN 21 STATES AND 2 COUNTRIES (A 98% PLACEMENT RATE).Expenses $15,100,369 · grants $4,314,837 · revenue $15,717,733
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1365969
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1938
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $52,177,308
- Income (IRS master file)
- $20,456,304
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $17,101,739 | $17,588,897 | $43,723,580 | IRS |
| 990 | June 2022 | $18,180,896 | $15,872,487 | $37,678,189 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SOLEBURY SCHOOL
- What is the EIN of SOLEBURY SCHOOL?
- The employer identification number (EIN) of SOLEBURY SCHOOL is 23-1365969.
- Is SOLEBURY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
- Are donations to SOLEBURY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOLEBURY SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOLEBURY SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOLEBURY SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOLEBURY SCHOOL?
- The 990 for the year ended June 30, 2025 names ELIZABETH WAVLE.
- Who are the officers and directors of SOLEBURY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 29 people; 8 received compensation from the organization, the highest $272,612 (THOMAS G WILSCHUTZ, HEAD OF SCHOOL).
- How much revenue does SOLEBURY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,805,392, expenses of $19,432,718 and total assets of $52,177,308 at year end.
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