THE LOVETT SCHOOL INC Charity Report

Public IRS 990 nonprofit record

THE LOVETT SCHOOL INC

EIN 58-0619038 · Education (B200)

What they do

THE LOVETT SCHOOL is A COMMUNITY of BELONGING THAT DEVELOPS STUDENTS of HONOR, FAITH, and WISDOM WITH THE CHARACTER and INTELLECT to THRIVE IN LEARNING and LIFE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

68.54%of revenue went to mission work82.1% of expenses · Program services

4.14%of revenue went to fundraising5.0% of expenses

$83.47spent for every $100 of revenueRevenue covered expenses this year.

10.79%of revenue went to management and office costs12.9% of expenses

$4.42in assets for every $1 spent this yearSome assets cannot be spent right away.

24.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $945,244 for MEREDYTH COLE (CEO/HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$92,055,655

Mission workProgram services$63,094,62068.54% of revenue82.1% of expenses

ManagementOffice and general costs$9,935,65010.79% of revenue12.9% of expenses

FundraisingAsking for donations$3,807,0184.14% of revenue5.0% of expenses

Revenue left after expensesReported annual surplus$15,218,36716.53% of revenueShown in gray on the chart

Total expenses$76,837,28883.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.1% mission · 12.9% management · 5.0% fundraisingTotal expenses: 83.47% of revenue

2023Expense mix: 82.1% mission · 13.1% management · 4.8% fundraisingTotal expenses: 58.85% of revenue

2022Expense mix: 80.7% mission · 14.2% management · 5.1% fundraisingTotal expenses: 99.52% of revenue

2021Expense mix: 82.7% mission · 13.0% management · 4.3% fundraisingTotal expenses: 93.90% of revenue

2020Expense mix: 85.4% mission · 10.5% management · 4.1% fundraisingTotal expenses: 92.68% of revenue

2019Expense mix: 80.5% mission · 14.4% management · 5.1% fundraisingTotal expenses: 103.24% of revenue

2018Expense mix: 80.7% mission · 14.1% management · 5.2% fundraisingTotal expenses: 100.82% of revenue

2017Expense mix: 80.0% mission · 14.8% management · 5.2% fundraisingTotal expenses: 88.86% of revenue

Money in and money out

Revenue$92,055,655

Expenses$76,837,288

Annual surplus $15,218,367 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$63,094,620 · 82.1% of expenses

Management and office costs$9,935,650 · 12.9% of expenses

Fundraising$3,807,018 · 5.0% of expenses

See all reported dollar amounts

Revenue$92,055,655

Expenses$76,837,288

Assets$339,699,884

Income$111,435,941

Contributions$22,818,482

Mission work (program services)$63,094,620

Fundraising$3,807,018

Management and general$9,935,650

Stocks and bonds$144,650,718

Accounting fees$87,661

Investing fees$411,506

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MEREDYTH COLECEO/HEAD OF SCHOOL · 40 hrs/week $945,244Base $788,092 · Other $157,152

JOHN MONGELLICFO · 40 hrs/week $360,442Base $315,217 · Other $45,225

MATT GOULDCHIEF ADVANCEMENT OFFICER · 40 hrs/week $312,430Base $291,316 · Other $21,114

CHELLE WABREKASSOC HEAD OF SCHOOL · 40 hrs/week $285,678Base $242,628 · Other $43,050

CHORLANA FRANCISCHRO (UNTIL 1/1/2025) · 40 hrs/week $249,593Base $220,684 · Other $28,909

TOMMY WELCHHEAD OF CULTURE AND COMM. · 40 hrs/week $246,298Base $210,728 · Other $35,570

P GRAY KELLYCOO · 40 hrs/week $228,765Base $210,193 · Other $18,572

COURTNEY FERENCIKSR. DIR. OF MAJOR GIVING · 40 hrs/week $212,354Base $196,825 · Other $15,529

PATRICK BOSWELLHEAD OF UPPER SCHOOL · 40 hrs/week $194,759Base $173,672 · Other $21,087

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

MEREDYTH COLECEO/HEAD OF SCHOOL

JOHN MONGELLICFO

MATT GOULDCHIEF ADVANCEMENT OFFICER

CHELLE WABREKASSOC HEAD OF SCHOOL

CHORLANA FRANCISCHRO (UNTIL 1/1/2025)

TOMMY WELCHHEAD OF CULTURE AND COMM.

P GRAY KELLYCOO

COURTNEY FERENCIKSR. DIR. OF MAJOR GIVING

PATRICK BOSWELLHEAD OF UPPER SCHOOL

JUSTIN P JONESTRUSTEE

JOHN C STATON IIICHAIR

KEN SNUGGSTRUSTEE

LEONARD W WOOD JRTREASURER

MARK KAUFFMANTRUSTEE

MEGAN APPLE STEPHENSONSECRETARY

MICHAEL WOOCHERTRUSTEE

NIKUNJ R LAKHATRUSTEE

PETER E THOMAS PHDTRUSTEE

SYLVIA LOONEY DICKTRUSTEE

WADE W MITCHELLTRUSTEE

YETTY LEVENSON ARPTRUSTEE

JORDAN CLARKTRUSTEE

JOHN O KNOX JRTRUSTEE

AIMEE CONNOLLYTRUSTEE

JAMES T MILLS JRTRUSTEE

GARRY L CAPERS JROFFICER AT LARGE

FRANK H BRIGGS IIIVICE CHAIR

ELISE BLITCH DRAKETRUSTEE

EILEEN KEOUGH MILLARDTRUSTEE

DON M LEEBERN IIITRUSTEE

DAVID W RICE PHDTRUSTEE

DAVID B ALLMANTRUSTEE

DAVID GHEGANTRUSTEE

CLAY NALLEYTRUSTEE

AMY ROLLINS KREISLERTRUSTEE

AMY GITHENSTRUSTEE

ALISON E LEWISTRUSTEE

About this charity

Recognized since: January 1937
Location: 4075 PACES FERRY ROAD NW, ATLANTA, GA 303273099
County: Fulton
In care of: MEREDYTH M COLE
Primary officer: MEREDYTH M COLE, CEO & HEAD OF SCHOOL

How to reach them

WebsiteVisit the charity’s website Phone(404) 262-3032

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CHERRY BEKAERT ADVISORY LLC
NTEE classification: Education (B200)