DAVID SCHOOL INC

PRESTONSBURG, KY | Floyd County
Economic Development

Overview

DAVID SCHOOL INC
31-0889471
124 W COURT ST
PRESTONSBURG, KY 41653
Floyd County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • FFIEC Distressed Area
  • FFIEC Underserved Area
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
B25

B - Educational Institutions

Secondary & High Schools

Schools comprising any span of grades beginning with the next grade following an elementary school and ending at or below grade 12. Includes junior high schools or intermediate schools and high schools which provide formal instruction for students who want to prepare further education at the college level or for employment following graduation.

IRS Activity Codes info
046
Private school
030
School, college, trade school, etc.
566
Job training, counseling, or assistance
Standard Business Classification (NAICS Code) info
611110
Elementary and Secondary Schools

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$2.4M
Revenue
$296K
Assets
$0.9M

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
2013-08
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
School 170(b)(1)(A)(ii)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-06
Tax period ending in
2021-06
Tax period ending in
2020-06
Tax period ending in
2019-06
Tax period ending in
2018-06
Tax period ending in
2017-06
Tax period ending in
2016-06

Nonprofit Location

Physical Address info
124 W COURT ST
PRESTONSBURG, KY 41653
Floyd County
Area Type info
Not in a Metropolitan or Micropolitan Statistical Area
FIPS Geocoded Address info
NA
MSA/MD info
21
State info
071
County info
9201.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Not located in a CBSA.
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 5.54%
FFIEC Distressed Census Tract info
  • Poverty
  • Unemployment
FFIEC Underserved Census Tract info
  • Remote Rural

Market Data

Census Tract County
9201.00 Floyd County
Population
Total Population 3,481 35,780
Total Households 1,146 14,282
Income
Median Income* $50,000 $38,723
Median Family Income (2024 FFIEC est.) $66,100 $66,100
Tract Income Percentage 92.97% N/A
Below Poverty Level 25.4% 29.3%
Unemployment Level 10.8% 6.8%
Housing
Total Housing Units 1,332 17,446
Total Owner-Occupied Units 56.5% 71.3%
Total Renter-Occupied Units 29.5% 28.7%
Total Vacant Units 14.0% 3.5%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
7
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Ned Pillersdorf
(606) 886-8374
Principal Officer info
Ned Pillersdorf
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.