Nonprofit · EIN 31-1620693
GERSTELL ACADEMY INC
Tax-exempt · COCKEYSVILLE, MD 21030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $13,010,215 | $10,730,007 | $2,280,208 | $35,418,574 | $9,352,007 | $26,066,567 |
| June 30, 2024 | 990 | $10,493,079 | $10,252,497 | $240,582 | $30,541,706 | $8,458,990 | $22,082,716 |
| June 30, 2023 | 990 | $9,644,687 | $9,857,545 | -$212,858 | $28,237,003 | $8,152,169 | $20,084,834 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,488,970
- Program service revenue
- $7,607,150
- Investment income
- $1,889,880
- Net gain from sales of assets
- $120,691
- Net income from fundraising events
- $14,073
- Net income from sales of inventory
- $4,999
- Other revenue
- $24,215
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $6,474,384
- Salaries, compensation and benefits (total)
- $7,242,819
- Professional fundraising fees
- $0
- Legal fees
- $12,476
- Accounting fees
- $119,525
- Occupancy
- $1,530,185
- Travel
- $82,472
- Depreciation
- $147,865
- Program services (functional)
- $8,122,984
- Management and general (functional)
- $2,483,989
- Fundraising (functional)
- $123,034
Balance sheet and other
- Total assets, start of year
- $30,541,706
- Total assets, end of year
- $35,418,574
- Total liabilities, end of year
- $9,352,007
- Net assets, end of year
- $26,066,567
- Land, buildings and equipment
- $302,645
- Publicly traded securities
- $2,267,018
- Net assets without donor restrictions
- $25,140,468
- Net assets with donor restrictions
- $926,099
- Gross unrelated business income
- $127,999
- Gross receipts
- $16,181,201
- Employees
- 122
- Volunteers
- 0
- Year formed
- 1996
- State of legal domicile
- MD
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 |
|---|---|---|---|
| JOHN A POLASKO | PRESIDENT Highest-paid employee | 40 | $367,500 |
| REJI S SAMUEL | IT DIRECTOR Highest-paid employee | 40 | $139,645 |
| MARY R LOUQUE | EMPLOYEE Highest-paid employee | 40 | $120,165 |
| BRIAN ABBOTT | UPPER SCHOOL HEAD Highest-paid employee | 40 | $114,008 |
| BEN THOMPSON | LOWER SCHOOL HEAD Highest-paid employee | 40 | $103,569 |
| DR FREDERICK G SMITH | CHAIRMAN Trustee or director | 20 | $0 |
| DR VENICE PATERAKIS | SECRETARY Trustee or director | 0 | $0 |
| WILLIAM PATERAKIS | TREASURER Trustee or director | 0 | $0 |
| ROBERT E SMITH | TRUSTEE Trustee or director | 0 | $0 |
| KAREN PHILIPPOU | TRUSTEE Trustee or director | 0 | $0 |
| SUCHI KRISHNASWAMY | TRUSTEE Trustee or director | 0 | $0 |
| DR ASHOK KRISHNASWAMY | TRUSTEE Trustee or director | 0 | $0 |
| DR JASON HAMMOND | TRUSTEE Trustee or director | 0 | $0 |
| BENJAMIN LYONS | TRUSTEE Trustee or director | 0 | $0 |
| DR RICHARD NESSIF | TRUSTEE Trustee or director | 0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANINE WILSON | TRUSTEE Trustee or director | 0 | $0 |
| MEGAN CARROLL | TRUSTEE Trustee or director | 0 | $0 |
| ALEXANDER SMITH | TRUSTEE Trustee or director | 0 | $0 |
| CONNOR ELINE | TRUSTEE Trustee or director | 0 | $0 |
| DR JACK VAETH | TRUSTEE Trustee or director | 0 | $0 |
| MELO VAETH | TRUSTEE Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN A POLASKO | PRESIDENT Highest-paid employee | 40 | $400,000 |
| REJI S SAMUEL | IT DIRECTOR Highest-paid employee | 40 | $132,996 |
| MARY R LOUQUE | EMPLOYEE Highest-paid employee | 40 | $116,666 |
| BRIAN ABBOTT | UPPER SCHOOL HEAD Highest-paid employee | 40 | $110,686 |
| DR FREDERICK G SMITH | CHAIRMAN Trustee or director | 20 | $0 |
| DR VENICE PATERAKIS | SECRETARY Trustee or director | 0 | $0 |
| WILLIAM PATERAKIS | TREASURER Trustee or director | 0 | $0 |
| ROBERT E SMITH | TRUSTEE Trustee or director | 0 | $0 |
| KAREN PHILIPPOU | TRUSTEE Trustee or director | 0 | $0 |
| DR SUCHI KRISHNASWAMY | TRUSTEE Trustee or director | 0 | $0 |
| ASHOK KRISHNASWAMY | TRUSTEE Trustee or director | 0 | $0 |
| DR JASON HAMMOND | TRUSTEE Trustee or director | 0 | $0 |
| BENJAMIN LYONS | TRUSTEE Trustee or director | 0 | $0 |
| DR RICHARD NESSIF | TRUSTEE Trustee or director | 0 | $0 |
| JANINE WILSON | TRUSTEE Trustee or director | 0 | $0 |
| MEGAN CARROLL | TRUSTEE Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN A POLASKO | PRESIDENT Highest-paid employee | 40 | $168,005 |
| REJI S SAMUEL | IT DIRECTOR Highest-paid employee | 40 | $133,945 |
| MARY R LOUQUE | EMPLOYEE Highest-paid employee | 40 | $117,496 |
| BRIAN ABBOTT | UPPER SCHOOL HEAD Highest-paid employee | 40 | $111,477 |
| DR FREDERICK G SMITH | CHAIRMAN Trustee or director | 20 | $0 |
| DR VENICE PATERAKIS | SECRETARY Trustee or director | 0 | $0 |
| WILLIAM PATERAKIS | TREASURER Trustee or director | 0 | $0 |
| ROBERT E SMITH | TRUSTEE Trustee or director | 0 | $0 |
| KAREN PHILIPPOU | TRUSTEE Trustee or director | 0 | $0 |
| DR SUCHI KRISHNASWAMY | TRUSTEE Trustee or director | 0 | $0 |
| ASHOK KRISHNASWAMY | TRUSTEE Trustee or director | 0 | $0 |
| DR JASON HAMMOND | TRUSTEE Trustee or director | 0 | $0 |
| BENJAMIN LYONS | TRUSTEE Trustee or director | 0 | $0 |
| DR RICHARD NESSIF | TRUSTEE Trustee or director | 0 | $0 |
| JANINE WILSON | TRUSTEE Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 10706 BEAVER DAM RD, COCKEYSVILLE, MD 21030-2207
- In care of
- % FREDERICK G SMITH
- Signed the 990
- PAUL O WALLACE, TRUSTEE
- Phone
- (410) 568-1605
- Website
- WWW.GERSTELL.ORG
- Return prepared by
- GROSS MENDELSOHN & ASSOCIATES PA
Mission
GERSTELL ACADEMY IS A DIVERSE EDUCATIONAL COMMUNITY DEDICATED TO PROVIDING A NURTURING AND MENTORING ENVIRONMENT WHERE EACH STUDENT'S POTENTIAL TO BECOME A LEADER, TO LEARN, TO GROW MORALLY, TO BE PHYSICALLY FIT, AND TO COMPETE IS MAXIMIZED.
Program accomplishments
- ALL EXPENSES INCURRED ARE IN THE FURTHERANCE OF THE SCHOOL'S EXEMPT PURPOSE OF PROVIDING PRE KINDERGARDEN THROUGH GRADE 12 EDUCATIONExpenses $8,044,057 · revenue $7,363,294
- GERSTELL-FALCON SPORTS CAMPExpenses $78,927 · revenue $127,999
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
- 31-1620693
- 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
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $35,418,574
- Income (IRS master file)
- $16,181,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $13,010,215 | $10,730,007 | $35,418,574 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $10,493,079 | $10,252,497 | $30,541,706 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $9,644,687 | $9,857,545 | $28,237,003 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $11,016,422 | $8,963,149 | $26,664,269 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | 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 31-1620693).
Questions about GERSTELL ACADEMY INC
- What is the EIN of GERSTELL ACADEMY INC?
- The employer identification number (EIN) of GERSTELL ACADEMY INC is 31-1620693.
- Is GERSTELL ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to GERSTELL ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GERSTELL ACADEMY INC 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 GERSTELL ACADEMY INC 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 GERSTELL ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of GERSTELL ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 5 received compensation from the organization, the highest $367,500 (JOHN A POLASKO, PRESIDENT).
- How much revenue does GERSTELL ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $13,010,215, expenses of $10,730,007 and total assets of $35,418,574 at year end.
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