Nonprofit · EIN 23-1365964
PHELPS SCHOOL
Tax-exempt · MALVERN, PA 19355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,790,370 | $3,171,878 | -$381,508 | $13,798,531 | $6,012,381 | $7,786,150 |
| June 30, 2024 | 990 | $3,119,210 | $3,139,592 | -$20,382 | $13,787,353 | $5,630,088 | $8,157,265 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $150,969
- Program service revenue
- $2,176,039
- Investment income
- $124,596
- Net rental income
- $195,271
- Other revenue
- $338,766
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,623,101
- Salaries, compensation and benefits (total)
- $1,865,718
- Professional fundraising fees
- $0
- Accounting fees
- $18,532
- Depreciation
- $184,356
- Program services (functional)
- $2,690,101
- Management and general (functional)
- $453,434
- Fundraising (functional)
- $28,343
Balance sheet and other
- Total assets, start of year
- $13,787,353
- Total assets, end of year
- $13,798,531
- Total liabilities, end of year
- $6,012,381
- Net assets, end of year
- $7,786,150
- Land, buildings and equipment
- $10,037,988
- Publicly traded securities
- $142,812
- Net assets without donor restrictions
- $7,786,150
- Gross receipts
- $3,026,269
- Employees
- 43
- Year formed
- 1946
- 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 |
|---|---|---|---|---|
| STEPHANY PHELPS FAHEY | PRESIDENT Trustee or director, Officer | 45 | $78,000 | $16,777 |
| SANDRA STOTZ | TRUSTEE/COMP Trustee or director | 45 | $85,568 | $4,478 |
| NORMAN T PHELPS | BOARD CHAIR Trustee or director, Officer | 3 | $24,568 | $4,325 |
| LYLE BLISS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES BRUCE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GERALD FAHEY | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ROBERT GOTTSCHALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIKA N GROSS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JON G HALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW WILMERDING | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANY PHELPS FAHEY | PRESIDENT Trustee or director, Officer | 45 | $78,000 | $15,831 |
| SANDRA STOTZ | TRUSTEE/COMP Trustee or director | 45 | $85,721 | $4,478 |
| NORMAN T PHELPS | BOARD CHAIR Trustee or director, Officer | 3 | $42,029 | $4,363 |
| LYLE BLISS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES BRUCE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GERALD FAHEY | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| ROBERT GOTTSCHALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIKA N GROSS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JON G HALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW WILMERDING | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 583 SUGARTOWN RD, MALVERN, PA 19355-2800
- Principal officer (990 for 2024)
- STEPHANY PHELPS FAHEY
- Signed the 990
- STEPHANY PHELPS FAHEY, PRESIDENT
- Phone
- (610) 644-1754
- Website
- WWW.PHELPSSCHOOL.ORG
- Return prepared by
- BLISS & COMPANY
Mission
THE PHELPS SCHOOL IS DEDICATED TO A PERSONALIZED EDUCATION FOR THE BOY WHO SEEKS SUCCESS ACADEMICALLY, PERSONALLY, AND SOCIALLY. OUR FIRST OBLIGATION IS TO CREATE A CARING, SENSITIVE CLIMATE WHICH EMPHASIZES THE POSITIVE IN EVERY SITUATION. THE STUDENT'S EDUCATIONAL PROGRAM IS PLANNED IN TERMS OF HIS INDIVIDUAL CAPACITY, ABILITY, NEEDS AND INTERESTS. THIS PHILOSOPHY OF DEDICATION TO THE TOTAL DEVELOPMENT OF EACH BOY IS ACCENTUATED BY THE DISCIPLINED ATMOSPHERE, SMALL CLASSES, AND DAILY TUTORIAL SUPPORT. THE ENVIRONMENT IS CONSISTENT, SUPPORTIVE, STRUCTURED AND COMBINED WITH CHALLENGE, CARE AND HONESTY. THE PHELPS SCHOOL IS CONCERNED WITH EMPHASIZING THE ARTICULATION AND INCULCATION OF PERSONAL MORAL VALUES AS AN IMPORTANT PART OF OUR MISSION; EDUCATING THE HEART AS WELL AS THE MIND AND BODY.
Program accomplishments
- INDIVIDUAL INSTRUCTION AND A STRUCTURED ENVIRONMENT FOR APPROXIMATELY 100 STUDENTS IN GRADES 6-12, WITH RELATED ATHLETIC AND OTHER EXTRA-CURRICULAR PROGRAMS.Expenses $2,690,101 · revenue $2,176,039
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
- 23-1365964
- 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
- 1948
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $13,798,531
- Income (IRS master file)
- $3,026,269
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,790,370 | $3,171,878 | $13,798,531 | XML |
| 990 | June 2024 | $3,119,210 | $3,139,592 | $13,787,353 | XML |
| 990 | June 2023 | $3,753,708 | $3,560,675 | $14,701,532 | IRS |
| 990 | June 2022 | $3,266,917 | $3,488,327 | $14,579,330 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 23-1365964).
Questions about PHELPS SCHOOL
- What is the EIN of PHELPS SCHOOL?
- The employer identification number (EIN) of PHELPS SCHOOL is 23-1365964.
- Is PHELPS SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
- Are donations to PHELPS SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHELPS 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 PHELPS 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 PHELPS 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 PHELPS SCHOOL?
- The 990 for the year ended June 30, 2025 names STEPHANY PHELPS FAHEY.
- Who are the officers and directors of PHELPS SCHOOL?
- The 990 for the year ended June 30, 2025 lists 10 people; 3 received compensation from the organization, the highest $78,000 (STEPHANY PHELPS FAHEY, PRESIDENT).
- How much revenue does PHELPS SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,790,370, expenses of $3,171,878 and total assets of $13,798,531 at year end.
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