Nonprofit · EIN 23-1526669
VALLEY DAY SCHOOL
Tax-exempt · MORRISVILLE, PA 19067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,431,423 | $5,375,762 | $1,055,661 | $8,706,129 | $1,308,207 | $7,397,922 |
| June 30, 2024 | 990 | $7,054,285 | $5,403,114 | $1,651,171 | $7,559,032 | $720,796 | $6,838,236 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $33,200
- of which government grants
- $32,900
- Program service revenue
- $5,981,580
- Investment income
- $390,103
- Net gain from sales of assets
- -$52,858
- Other revenue
- $26,540
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $211,595
- Other salaries and wages
- $2,852,416
- Salaries, compensation and benefits (total)
- $4,329,821
- Professional fundraising fees
- $0
- Legal fees
- $28,847
- Accounting fees
- $93,024
- Occupancy
- $42,031
- Travel
- $8,124
- Depreciation
- $78,380
- Program services (functional)
- $4,775,035
- Management and general (functional)
- $546,536
- Fundraising (functional)
- $54,191
Balance sheet and other
- Total assets, start of year
- $7,559,032
- Total assets, end of year
- $8,706,129
- Total liabilities, end of year
- $1,308,207
- Net assets, end of year
- $7,397,922
- Land, buildings and equipment
- $738,355
- Publicly traded securities
- $7,219,863
- Net assets without donor restrictions
- $7,397,922
- Gross receipts
- $8,201,281
- Employees
- 70
- Volunteers
- 12
- Year formed
- 1957
- 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 |
|---|---|---|---|---|
| DR ROBERT PHILLIPS | EXECUTIVE DIRECTOR Officer | 40 | $185,561 | $21,283 |
| JAMES ROMANO | TEACHER Highest-paid employee | 40 | $119,541 | $22,669 |
| SEAN MATTHEWS | EDUCATION DIRECTOR Highest-paid employee | 40 | $107,264 | $12,755 |
| DAN DILORENZO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ANTHONY CARTOLARO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN TRUSKOWSKI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEAN DEERY-SCHAUM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GEOFF AXE | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM GILLETTE | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA GRAY | MEMBER Trustee or director | 1 | $0 | $0 |
| TED KRAVITZ | MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE LANDRY | MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT MCCREA | MEMBER Trustee or director | 1 | $0 | $0 |
| GERARD ZYLBER | MEMBER Trustee or director | 1 | $0 | $0 |
| HARLAN JOSEPH | MEMBER TO DEC 2024 Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR BRODUS DAVIS | MEMBER TO JUNE 2025 Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ROBERT PHILLIPS | EXECUTIVE DIRECTOR Trustee or director | 40 | $174,847 | $16,422 |
| JAMES ROMANO | TEACHER Highest-paid employee | 40 | $115,076 | $25,801 |
| SEAN MATTHEWS | EDUCATION DIRECTOR Highest-paid employee | 40 | $105,317 | $9,083 |
| RONALD PASKANIK | TEACHER Highest-paid employee | 40 | $106,445 | $0 |
| DAN DILORENZO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ANTHONY CARTOLARO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN TRUSKOWSKI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEAN DEERY-SCHAUM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GEOFF AXE | MEMBER Trustee or director | 1 | $0 | $0 |
| BROADUS DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM GILLETTE | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA GRAY | MEMBER Trustee or director | 1 | $0 | $0 |
| HARLAN JOSEPH | MEMBER Trustee or director | 1 | $0 | $0 |
| TED KRAVITZ | MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT MCCREA | MEMBER Trustee or director | 1 | $0 | $0 |
| GERARD ZYLBER | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 300 ALLENDALE DR, MORRISVILLE, PA 19067-4903
- Principal officer (990 for 2024)
- DR ROBERT PHILLIPS, 300 ALLENDALE DRIVE, MORRISVILLE, PA 19067
- Signed the 990
- DR ROBERT PHILLIPS, EXECUTIVE DIRECTOR
- Phone
- (215) 295-1155
- Website
- VALLEYDAY.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
VALLEY DAY SCHOOL IS A PRIVATE, NON-PROFIT, STATE-FUNDED, SPECIAL EDUCATION SCHOOL LICENSED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION FOR STUDENTS WHO ARE EXPERIENCING LEARNING AND/OR ADJUSTMENT DIFFICULTIES.
Program accomplishments
- THE ORGANIZATION IS A PRIVATE, STATE AIDED SPECIAL EDUCATIONAL SCHOOL LICENSED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION FOR CHILDREN AGES 4-21 AND IN GRADES K-12+ OF AVERAGE INTELLECTUAL POTENTIAL WHO ARE EXPERIENCING LEARNING OR ADJUSTMENT DIFFICULTIES. THE SCHOOL'S EDUCATION PROGRAM IS BASED UPON THE IDEA THAT EACH CHILD POSSESSES UNIQUE NEEDS AND STRENGTHS. THESE NEEDS ARE FULFILLED BY AN EDUCATION PROGRAM THAT IS INDIVIDUALLY PRESCRIBED FOR EACH STUDENT. THE SCHOOL HAD AN AVERAGE ENROLLMENT EQUIVALENT OF 75 FULL TIME STUDENTS.Expenses $4,775,035 · revenue $5,981,580
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
- 23-1526669
- 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
- 1961
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,706,129
- Income (IRS master file)
- $8,201,281
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,431,423 | $5,375,762 | $8,706,129 | IRS |
| 990 | June 2024 | $7,054,285 | $5,403,114 | $7,559,032 | IRS |
| 990 | June 2023 | $5,373,339 | $5,004,055 | $6,351,813 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 23-1526669).
Questions about VALLEY DAY SCHOOL
- What is the EIN of VALLEY DAY SCHOOL?
- The employer identification number (EIN) of VALLEY DAY SCHOOL is 23-1526669.
- Is VALLEY DAY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Are donations to VALLEY DAY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY DAY 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 VALLEY DAY 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 VALLEY DAY 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 VALLEY DAY SCHOOL?
- The 990 for the year ended June 30, 2025 names DR ROBERT PHILLIPS.
- Who are the officers and directors of VALLEY DAY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 16 people; 3 received compensation from the organization, the highest $185,561 (DR ROBERT PHILLIPS, EXECUTIVE DIRECTOR).
- How much revenue does VALLEY DAY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,431,423, expenses of $5,375,762 and total assets of $8,706,129 at year end.
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