Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $93,178

• 1f · All other contributions, gifts and grants

  $2,537,541

• 1g · Noncash contributions included above

  $167,291

• 2a · Program service revenue: TUITION AND ENROLLMENT

  total $10,067,893 · related or exempt $10,067,893

• 2b · Program service revenue: DAYCARE SERVICES

  total $197,077 · related or exempt $197,077

• 2c · Program service revenue: ENRICHMENT CLASSES

  total $146,289 · related or exempt $146,289

• 2d · Program service revenue: SUMMER SCHOOL

  total $131,519 · related or exempt $131,519

• 3 · Investment income

  total $371,330 · excluded $371,330

• 6a · Gross rents

  real property $75,350

• 6b · Less rental expenses

  real property $28,544

• 6c · Rental income or loss

  real property $46,806

• 6d · Net rental income or loss

  total $46,806 · excluded $46,806

• 7a · Gross sales of assets other than inventory

  securities $911,700 · other assets $12,679

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

  securities $921,346 · other assets $0

• 7c · Gain or loss

  securities -$9,646 · other assets $12,679

• 7d · Net gain or loss

  total $3,033 · excluded $3,033

• 8a · Fundraising events: gross income

  $133,228

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

  $93,178

• 8b · Fundraising events: direct expenses

  $75,542

• 8c · Net income from fundraising events

  total $57,686 · excluded $57,686

• 11a · Other revenue: MISCELLANEOUS

  total $26,442 · related or exempt $26,442

• 11e · Other revenue, total

  $26,442

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,166,110 · program services $2,166,110

• 5 · Compensation of officers, directors and key employees

  total $597,227 · program services $537,504 · management and general $37,927 · fundraising $21,796

• 7 · Other salaries and wages

  total $5,353,610 · program services $4,949,244 · management and general $194,913 · fundraising $209,453

• 8 · Pension plan contributions

  total $175,806 · program services $162,925 · management and general $6,078 · fundraising $6,803

• 9 · Other employee benefits

  total $755,605 · program services $708,345 · management and general $23,197 · fundraising $24,063

• 10 · Payroll taxes

  total $505,659 · program services $465,859 · management and general $19,900 · fundraising $19,900

• 11b · Fees: legal

  total $2,269 · management and general $2,269

• 11c · Fees: accounting

  total $50,967 · management and general $50,967

• 11e · Fees: professional fundraising services

  total $62,279 · fundraising $62,279

• 11f · Fees: investment management

  total $42,827 · management and general $42,827

• 11g · Fees: other

  total $34,539 · program services $31,641 · management and general $2,898

• 12 · Advertising and promotion

  total $47,044 · management and general $47,044

• 13 · Office expenses

  total $378,015 · program services $57,741 · management and general $320,237 · fundraising $37

• 14 · Information technology

  total $50,145 · program services $50,145

• 16 · Occupancy

  total $941,835 · program services $907,030 · management and general $32,160 · fundraising $2,645

• 17 · Travel

  total $196,532 · program services $196,532

• 20 · Interest

  total $300,836 · program services $288,872 · management and general $10,597 · fundraising $1,367

• 22 · Depreciation, depletion and amortization

  total $638,147 · program services $612,765 · management and general $22,480 · fundraising $2,902

• 23 · Insurance

  total $123,686 · management and general $123,686

• 24a · Other expenses: EDUCATION

  total $310,361 · program services $310,361

• 24b · Other expenses: DEVELOPMENT

  total $90,737 · fundraising $90,737

• 24c · Other expenses: SPECIAL EVENTS

  total $8,852 · program services $8,852

• 24d · Other expenses: HORIZON CENTER

  total $7,958 · program services $7,958

• 24e · All other expenses

  total $8,599 · program services $5,735 · fundraising $2,864

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,324,774 · end of year $4,300,258

• 2 · Savings and temporary cash investments

  beginning of year $1,502,167 · end of year $371

• 3 · Pledges and grants receivable

  beginning of year $599,705 · end of year $896,243

• 4 · Accounts receivable

  beginning of year $4,676,087 · end of year $4,420,880

• 9 · Prepaid expenses and deferred charges

  beginning of year $179,945 · end of year $103,074

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

  $26,459,571

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

  $8,381,914

• 10c · Land, buildings and equipment, net

  beginning of year $18,378,433 · end of year $18,077,657

• 12 · Investments: other securities

  beginning of year $7,109,676 · end of year $9,834,785

• 14 · Intangible assets

  beginning of year $45,137 · end of year $0

• 15 · Other assets

  beginning of year $5,354,571 · end of year $5,302,555

• 17 · Accounts payable and accrued expenses

  beginning of year $700,239 · end of year $960,700

• 19 · Deferred revenue

  beginning of year $7,376,652 · end of year $8,054,914

• 20 · Tax-exempt bond liabilities

  beginning of year $9,915,118 · end of year $9,522,897

• 23 · Secured mortgages and notes payable

  beginning of year $1,379,282 · end of year $1,284,937

• 25 · Other liabilities

  beginning of year $6,468,159 · end of year $6,485,314

• 27 · Net assets without donor restrictions

  beginning of year $12,003,191 · end of year $12,159,532

• 28 · Net assets with donor restrictions

  beginning of year $3,327,854 · end of year $4,467,529

The filer's explanations (Part III)

PART I, LINE 1A

THE SCHOOL PROVIDES HOUSEKEEPING AND HOUSING AS IT IS A CONDITION OF EMPLOYMENT FOR THE HEAD OF SCHOOL.

PART I, LINE 7

EMPLOYEES OF THE ORGANIZATION RECEIVE A NON-FIXED HOLIDAY BONUS. FULL TIME EMPLOYEES RECEIVED $400 AND PART TIME EMPLOYEES RECEIVED BONUSES THAT WERE PRO-RATED ACCORDING TO THEIR FTE.