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Nonprofit · EIN 63-0388769

HIGHLANDS DAY SCHOOL FOUNDATION

Tax-exempt · MOUNTAIN BRK, AL 35213

Financials

$7.6M$7.8M2022$8.2M$8.3M2023$7.5M$8.2M2024
Revenue Expenses · by fiscal year end
Financials of HIGHLANDS DAY SCHOOL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,508,244$8,219,373-$711,129$19,055,879$4,291,281$14,764,598
June 30, 2024990$8,235,453$8,250,266-$14,813$19,604,706$4,628,651$14,976,055
June 30, 2023990$7,610,496$7,757,099-$146,603$19,440,008$4,972,503$14,467,505
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$459,403
Program service revenue
$6,906,504
Investment income
$152,742
Net rental income
-$10,405
Net gain from sales of assets
-$92,795
Other revenue
-$10,405

Expenses

Grants and similar amounts paid
$539,238
Compensation of officers, directors and key employees
$387,214
Other salaries and wages
$4,036,841
Salaries, compensation and benefits (total)
$5,132,080
Professional fundraising fees
$0
Occupancy
$433,910
Depreciation
$648,677
Program services (functional)
$6,933,829
Management and general (functional)
$1,232,293
Fundraising (functional)
$53,251

Balance sheet and other

Total assets, start of year
$19,604,706
Total assets, end of year
$19,055,879
Total liabilities, end of year
$4,291,281
Net assets, end of year
$14,764,598
Land, buildings and equipment
$9,919,778
Publicly traded securities
$5,627,617
Net assets without donor restrictions
$14,208,209
Net assets with donor restrictions
$556,389
Gross receipts
$7,621,344
Employees
109
Volunteers
0
Year formed
1958
State of legal domicile
AL

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.

NameTitleHours / weekCompensationOther / benefits
KAVITA VASILHEAD OF SCHOOL
Officer
40$248,093$8,130
TERRY THOMPSONDIRECTOR OF FINANCE AND OP
Officer
40$142,715$12,036
ANUPAM AGARWALBOARD OF TRUSTEES
Trustee or director
0$0$0
MAYE HEAD FREIBOARD OF TRUSTEES, EMERITU
Trustee or director, Officer
0$0$0
JAKE MCKENZIEBOARD OF TRUSTEES
Trustee or director
0$0$0
AMY NEIMANBOARD OF TRUSTEES, VICE-PR
Trustee or director, Officer
0$0$0
KATHRYN MCDONALDBOARD OF TRUSTEES, PRESIDE
Trustee or director, Officer
0$0$0
ELENE GIATTINABOARD OF TRUSTEES
Trustee or director
0$0$0
GARETH VAUGHANBOARD OF TRUSTEES
Trustee or director
0$0$0
MARY GOODRICHBOARD OF TRUSTEES, TREASUR
Trustee or director, Officer
0$0$0
CONNIE HILLBOARD OF TRUSTEES
Trustee or director
0$0$0
LAKISHA MACKBOARD OF TRUSTEES
Trustee or director
0$0$0
KATHARINE MARXBOARD OF TRUSTEES
Trustee or director
0$0$0
JEFFREY BIBBEEBOARD OF TRUSTEES
Trustee or director
0$0$0
SCOTT GROVERBOARD OF TRUSTEES, SECRETA
Trustee or director, Officer
0$0$0
4 more people on this return
NameTitleHours / weekCompensation
MICHAEL STEINERBOARD OF TRUSTEES
Trustee or director
0$0
GREGORY HARPBOARD OF TRUSTEES
Trustee or director
0$0
HAYDEN SLAUGHTER CHAPPELBOARD OF TRUSTEES
Trustee or director
0$0
BECKY SORRELLBOARD OF TRUSTEES
Trustee or director
0$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationOther / benefits
KAVITA VASILHEAD OF SCHOOL
Officer
40$244,337$8,130
TERRY THOMPSONDIRECTOR OF FINANCE AND OP
Officer
40$133,103$11,559
ANUPAM AGARWALBOARD OF TRUSTEES
Trustee or director
0$0$0
DERRY BUNTINGBOARD OF TRUSTEES, EMERITU
Trustee or director
0$0$0
HAMPTON STEPHENSBOARD OF TRUSTEES
Trustee or director
0$0$0
MAYE HEAD FREIBOARD OF TRUSTEES, EMERITUS
Trustee or director, Officer
0$0$0
JAKE MCKENZIEBOARD OF TRUSTEES
Trustee or director
0$0$0
AMY NEIMANBOARD OF TRUSTEES, VICE-PRESIDENT
Trustee or director, Officer
0$0$0
DAVID SCHWEBELBOARD OF TRUSTEES
Trustee or director
0$0$0
MIDGE MILLERBOARD OF TRUSTEES
Trustee or director
0$0$0
KATHRYN MCDONALDBOARD OF TRUSTEES, PRESIDENT
Trustee or director, Officer
0$0$0
ELENE GIATTINABOARD OF TRUSTEES
Trustee or director
0$0$0
GARETH VAUGHANBOARD OF TRUSTEES
Trustee or director
0$0$0
MARY GOODRICHBOARD OF TRUSTEES, TREASUR
Trustee or director, Officer
0$0$0
CONNIE HILLBOARD OF TRUSTEES
Trustee or director
0$0$0
LAKISHA MACKBOARD OF TRUSTEES
Trustee or director
0$0$0
KATHARINE MARXBOARD OF TRUSTEES
Trustee or director
0$0$0
HENNA BUDHWANIBOARD OF TRUSTEES
Trustee or director
0$0$0
JEFFREY BIBBEEBOARD OF TRUSTEES
Trustee or director
0$0$0
SCOTT GROVERBOARD OF TRUSTEES, SECRETARY
Trustee or director, Officer
0$0$0
MICHAEL STEINERBOARD OF TRUSTEES
Trustee or director
0$0$0
HERNANDO CARTERBOARD OF TRUSTEES
Trustee or director
0$0$0
GREGORY HARPBOARD OF TRUSTEES
Trustee or director
0$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
KAVITA VASILHEAD OF SCHOOL
Officer
40$236,181$8,130
TERRY THOMPSONDIRECTOR OF FINANCE AND OP
Officer
40$121,763$11,928
ANUPAM AGARWALBOARD OF TRUSTEES
Trustee or director
0$0$0
MARIA KATZBOARD OF TRUSTEES, EMERITU
Trustee or director
0$0$0
DERRY BUNTINGBOARD OF TRUSTEES, EMERITU
Trustee or director
0$0$0
HAMPTON STEPHENSBOARD OF TRUSTEES
Trustee or director
0$0$0
MAYE HEAD FREIBOARD OF TRUSTEES, PRESIDE
Trustee or director, Officer
0$0$0
JAKE MCKENZIEBOARD OF TRUSTEES
Trustee or director
0$0$0
AMY NEIMANBOARD OF TRUSTEES, SECRETA
Trustee or director, Officer
0$0$0
DAVID SCHWEBELBOARD OF TRUSTEES
Trustee or director
0$0$0
MIDGE MILLERBOARD OF TRUSTEES
Trustee or director
0$0$0
KATHRYN MCDONALDBOARD OF TRUSTEES, VICE-PR
Trustee or director, Officer
0$0$0
ELENE GIATTINABOARD OF TRUSTEES
Trustee or director
0$0$0
GARETH VAUGHANBOARD OF TRUSTEES
Trustee or director
0$0$0
MARY GOODRICHBOARD OF TRUSTEES, TREASUR
Trustee or director, Officer
0$0$0
CONNIE HILLBOARD OF TRUSTEES
Trustee or director
0$0$0
LAKISHA MACKBOARD OF TRUSTEES
Trustee or director
0$0$0
KATHARINE MARXBOARD OF TRUSTEES
Trustee or director
0$0$0
HENNA BUDHWANIBOARD OF TRUSTEES
Trustee or director
0$0$0
JEFFREY BIBBEEBOARD OF TRUSTEES
Trustee or director
0$0$0
SCOTT GROVERBOARD OF TRUSTEES
Trustee or director
0$0$0
MICHAEL STEINERBOARD OF TRUSTEES
Trustee or director
0$0$0
HERNANDO CARTERBOARD OF TRUSTEES
Trustee or director
0$0$0
GREGORY HARPBOARD OF TRUSTEES
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
4901 OLD LEEDS RD, MOUNTAIN BRK, AL 35213-1807
Principal officer (990 for 2024)
KAVITA VASIL, 4901 OLD LEEDS ROAD, BIRMINGHAM, AL 35213
Signed the 990
KAVITA VASIL, HEAD OF SCHOOL
Phone
(205) 956-9731
Return prepared by
DOEREN MAYHEW

Mission

TO PROVIDE A CHALLENGING ACADEMIC PROGRAM; TO CREATE A LOVE OF LEARNING IN EVERY STUDENT; TO INSTILL THE HABITS OF SUCCESS IN EVERY STUDENT; TO PREPARE THE STUDENT TO BE A RESPONSIBLE AND PRODUCTIVE MEMBER OF THE COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION SUPPORTS AN INDEPENDENT SCHOOL FOR STUDENTS 4K THROUGH EIGHTH GRADE.
    Expenses $6,225,873 · grants $539,238 · revenue $5,902,079
  • THE FOUNDATION SUPPORTS A SUMMER PROGRAM.
    Expenses $226,803 · revenue $317,275
  • THE FOUNDATION SUPPORTS A FAMILY CENTER FOR INFANTS THROUGH THREE YEARS OLD.
    Expenses $481,153 · revenue $687,150

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
63-0388769
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
1959
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,055,879
Income (IRS master file)
$7,621,344

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,508,244$8,219,373$19,055,879XML
990June 2024$8,235,453$8,250,266$19,604,706XML
990June 2023$7,610,496$7,757,099$19,440,008XML
990-TJune 2023–––IRS
990June 2022$7,689,613$7,213,721$18,906,069IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 63-0388769).

Questions about HIGHLANDS DAY SCHOOL FOUNDATION

What is the EIN of HIGHLANDS DAY SCHOOL FOUNDATION?
The employer identification number (EIN) of HIGHLANDS DAY SCHOOL FOUNDATION is 63-0388769.
Is HIGHLANDS DAY SCHOOL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to HIGHLANDS DAY SCHOOL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HIGHLANDS DAY SCHOOL FOUNDATION 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 HIGHLANDS DAY SCHOOL FOUNDATION 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 HIGHLANDS DAY SCHOOL FOUNDATION 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 HIGHLANDS DAY SCHOOL FOUNDATION?
The 990 for the year ended June 30, 2025 names KAVITA VASIL.
Who are the officers and directors of HIGHLANDS DAY SCHOOL FOUNDATION?
The 990 for the year ended June 30, 2025 lists 19 people; 2 received compensation from the organization, the highest $248,093 (KAVITA VASIL, HEAD OF SCHOOL).
How much revenue does HIGHLANDS DAY SCHOOL FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,508,244, expenses of $8,219,373 and total assets of $19,055,879 at year end.

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