Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $192,491

• 1f · All other contributions, gifts and grants

  $1,745,832

• 1g · Noncash contributions included above

  $22,750

• 2a · Program service revenue: TUITION AND FEES

  total $14,595,055 · related or exempt $14,595,055

• 2b · Program service revenue: STUDENT SUPPORT SERVICES

  total $171,419 · related or exempt $171,419

• 3 · Investment income

  total $513,623 · excluded $513,623

• 6a · Gross rents

  real property $30,869

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $30,869

• 6d · Net rental income or loss

  total $30,869 · excluded $30,869

• 7a · Gross sales of assets other than inventory

  securities $796,958

• 7b · Less cost or other basis and sales expenses

  securities $556,742

• 7c · Gain or loss

  securities $240,216

• 7d · Net gain or loss

  total $240,216 · excluded $240,216

• 8a · Fundraising events: gross income

  $50,035

• 8a · Fundraising events: contributions included on line 1c

  $192,491

• 8b · Fundraising events: direct expenses

  $62,025

• 8c · Net income from fundraising events

  total -$11,990 · excluded -$11,990

• 11a · Other revenue: PARENTS ASSOCIATION INCOME

  total $25,413 · related or exempt $25,413

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $8 · related or exempt $8

• 11e · Other revenue, total

  $25,421

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $889,539 · program services $889,539

• 5 · Compensation of officers, directors and key employees

  total $589,382 · program services $35,545 · management and general $447,202 · fundraising $106,635

• 7 · Other salaries and wages

  total $7,877,851 · program services $6,520,163 · management and general $1,082,345 · fundraising $275,343

• 8 · Pension plan contributions

  total $464,086 · program services $357,082 · management and general $91,183 · fundraising $15,821

• 9 · Other employee benefits

  total $1,760,103 · program services $1,340,815 · management and general $354,843 · fundraising $64,445

• 10 · Payroll taxes

  total $603,774 · program services $468,601 · management and general $106,646 · fundraising $28,527

• 11b · Fees: legal

  total $176,753 · management and general $176,753

• 11c · Fees: accounting

  total $41,059 · management and general $41,059

• 11f · Fees: investment management

  total $39,439 · management and general $39,439

• 11g · Fees: other

  total $250,082 · program services $84,748 · management and general $143,703 · fundraising $21,631

• 12 · Advertising and promotion

  total $86,381 · program services $67,873 · management and general $6,848 · fundraising $11,660

• 13 · Office expenses

  total $388,607 · program services $341,748 · management and general $35,000 · fundraising $11,859

• 16 · Occupancy

  total $818,449 · program services $802,080 · management and general $16,369

• 17 · Travel

  total $114,601 · program services $11,746 · management and general $85,642 · fundraising $17,213

• 20 · Interest

  total $90,960 · program services $12,112 · management and general $78,848

• 22 · Depreciation, depletion and amortization

  total $670,209 · program services $609,889 · management and general $54,680 · fundraising $5,640

• 23 · Insurance

  total $136,919 · program services $15,061 · management and general $121,858

• 24a · Other expenses: FOOD

  total $602,218 · program services $584,152 · management and general $12,044 · fundraising $6,022

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $300,214 · program services $89,482 · management and general $187,633 · fundraising $23,099

• 24c · Other expenses: TRANSPORTATION

  total $160,316 · program services $160,316

• 24d · Other expenses: PROFESSIONAL DEVELOPMEN

  total $150,966 · program services $107,089 · management and general $38,488 · fundraising $5,389

• 24e · All other expenses

  total $250,785 · program services $88,273 · management and general $108,208 · fundraising $54,304

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $124,999 · end of year $2,895,019

• 2 · Savings and temporary cash investments

  beginning of year $3,012,734

• 3 · Pledges and grants receivable

  beginning of year $153,879 · end of year $76,127

• 4 · Accounts receivable

  beginning of year $10,786,415 · end of year $11,505,485

• 8 · Inventories for sale or use

  beginning of year $43,673 · end of year $44,040

• 9 · Prepaid expenses and deferred charges

  beginning of year $147,841 · end of year $127,276

• 10a · Land, buildings and equipment: cost or other basis

  $26,206,538

• 10b · Land, buildings and equipment: accumulated depreciation

  $12,383,405

• 10c · Land, buildings and equipment, net

  beginning of year $13,606,263 · end of year $13,823,133

• 11 · Investments: publicly traded securities

  beginning of year $13,717,647 · end of year $15,207,820

• 17 · Accounts payable and accrued expenses

  beginning of year $790,946 · end of year $846,333

• 19 · Deferred revenue

  beginning of year $12,949,258 · end of year $12,956,891

• 20 · Tax-exempt bond liabilities

  beginning of year $2,856,884 · end of year $2,690,656

• 27 · Net assets without donor restrictions

  beginning of year $17,678,496 · end of year $18,975,877

• 28 · Net assets with donor restrictions

  beginning of year $7,317,867 · end of year $8,209,143

The filer's explanations (Part III)

PART I, LINE 3

THE HEAD OF SCHOOL RECEIVES EMPLOYER-PROVIDED HOUSING. THE AMOUNT IS NOT CONSIDERED TAXABLE.

PART I, LINE 4B

COLLEEN RAMSDEN RECEIVED $10,000 OF DEFERRED COMPENSATION FROM A 457F PLAN.