Skip to content

North Carolina · Nonprofit

GASTON DAY SCHOOL INC

GASTON DAY SCHOOL INC (North Carolina) receives grants from 18 organizations whose IRS filings report $8,176,588 to it, the largest being THE W DUKE KIMBRELL FAMILY FOUNDATION CO JULIA B SINGH ($3,634,480). 14 of them have funded it in more than one year.

Revenue FY2025
$12M
Funders on record
18
Grants received
$8.2M
Net assets
$35M
14/18 repeat funderspeak grant-dependency 14%
01What it does

What Gaston Day School Inc does

Mission

Gaston day school (gds) is an independent school whose mission is to educate our students and prepare them for success and responsible and productive lives. Gds offers an experience that rewards students for a lifetime and gives them an education that goes far beyond our curriculum.

As stated on its FY2025 Form 990.

Program

  1. Gaston day school, inc. (gds) is a nonsectarian, college-preparatory school for grades preschool through 12 with over 500 students. Academic excellence is the school's hallmark: the elementary and middle school score in the top half of the nation's independent schools on standardized tests; sat scores on critical reading and math are constantly gaston county's highest; and our ap test pass rate is over 80%. With general academic excellence in all upper school subjects, the writing and fine arts programs regularly win regional and national awards. Athletics and the fine arts remain integral to the comprehensive education that the school provides. Gds has a rich history and looks forward to a bright future of continued growth and academic excellence.

    $8,333,991 spentof which $1,837,776 as grants$10,581,063 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,333,991.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($14M) Expenses 100 ($9.0M) Net assets 100 ($23M)2019 Revenue 68 ($9.3M) Expenses 105 ($9.5M) Net assets 100 ($23M)2020 Revenue 75 ($10M) Expenses 106 ($9.6M) Net assets 102 ($24M)2021 Revenue 79 ($11M) Expenses 111 ($10M) Net assets 109 ($25M)2022 Revenue 77 ($10M) Expenses 114 ($10M) Net assets 104 ($24M)2023 Revenue 71 ($9.6M) Expenses 115 ($10M) Net assets 104 ($24M)2024 Revenue 150 ($20M) Expenses 122 ($11M) Net assets 145 ($34M)2025 Revenue 90 ($12M) Expenses 132 ($12M) Net assets 150 ($35M)
'18'19'20'21'22'23'24'25
Revenue (90)Expenses (132)Net assets (150)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $27M to $38M (+40%).

$25M
$25M
$26M
$28M
$26M
$27M
$38M
$43M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 9% · 2022 1% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

7% of GASTON DAY SCHOOL INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$4.6M
’18
−$245k
’19
$609k
’20
$740k
’21
$126k
’22
−$789k
’23
$9.4M
’24
$368k
’25
5.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Morkor Newman

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed2223222115161314
Joined·+3+6+3+0+7+2+3
No longer listed·2746652
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 9 funders, grant income fell $2.2M → $1.4M.

5 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GASTON DAY SCHOOL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GASTON DAY SCHOOL INC leans on a few funders — its largest provides 44% of grant income and the top three 93%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44%
largest funder
93%
top three
~3
effective funders

Largest funder’s share by year: 2017 93% · 2018 76% · 2019 35% · 2020 45% · 2021 52% · 2022 70% · 2023 88% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of GASTON DAY SCHOOL INC's funders are still giving 3 years after their first grant; 78% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of GASTON DAY SCHOOL INC's grant income comes from North Carolina funders.

IL
OH
NJ
NC
SC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $730k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GASTON DAY SCHOOL INC is better cushioned than half of the 3,794 education nonprofits its size.

Operating margin3% · below the median
Months of reserve5.0mo · above the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like GASTON DAY SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 29%Fundraising 1%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for GASTON DAY SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GASTON DAY SCHOOL INC?
GASTON DAY SCHOOL INC (North Carolina) receives grants from 18 organizations whose IRS filings report $8,176,588 to it, the largest being THE W DUKE KIMBRELL FAMILY FOUNDATION CO JULIA B SINGH ($3,634,480). 14 of them have funded it in more than one year.
How many funders does GASTON DAY SCHOOL INC have?
IRS filings report 18 organizations giving $8,176,588 in grants to GASTON DAY SCHOOL INC, 14 of which have funded it in more than one year.
Who is the largest funder of GASTON DAY SCHOOL INC?
THE W DUKE KIMBRELL FAMILY FOUNDATION CO JULIA B SINGH is the largest funder on record, with $3,634,480 in grants. The full list of funders is on this page.
How can an organization like GASTON DAY SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Gaston Day School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing