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Nonprofiteer
← SAINT JEROME INSTITUTE INC

Form 990 for tax year 2023

Filed by SAINT JEROME INSTITUTE INC.

Totals

Total revenue
$1,088,689
Total expenses
$1,095,615
Contributions and grants received
$395,093
Grants paid
$0
Program service revenue
$671,263
Investment income
$819
Other revenue
$21,514
Total assets, end of year
$185,191
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$185,191
Program services expenses (Part IX)
$780,308
Management and general expenses
$315,307
Fundraising expenses
$0
Program service expenses (Part III)
$780,308

Program services were 71.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $12,785

  • 1f · All other contributions, gifts and grants

    $382,308

  • 2a · Program service revenue: TUITION AND FEES

    total $671,263 · related or exempt $671,263

  • 3 · Investment income

    total $819 · unrelated business $58 · excluded $761

  • 8a · Fundraising events: gross income

    $67,098

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

    $12,785

  • 8b · Fundraising events: direct expenses

    $69,036

  • 8c · Net income from fundraising events

    total -$1,938 · excluded -$1,938

  • 10a · Gross sales of inventory

    $1,963

  • 10b · Cost of goods sold

    $872

  • 10c · Net income from sales of inventory

    total $1,091 · related or exempt $1,091

  • 11a · Other revenue: OTHER REVENUE

    total $22,361 · related or exempt $22,361

  • 11e · Other revenue, total

    $22,361

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $142,220 · program services $142,220

  • 7 · Other salaries and wages

    total $485,867 · program services $248,248 · management and general $237,619

  • 9 · Other employee benefits

    total $48,301 · program services $48,301

  • 10 · Payroll taxes

    total $56,632 · program services $56,632

  • 11b · Fees: legal

    total $1,233 · management and general $1,233

  • 11c · Fees: accounting

    total $7,823 · management and general $7,823

  • 11g · Fees: other

    total $71,209 · program services $62,709 · management and general $8,500

  • 13 · Office expenses

    total $29,573 · program services $29,573

  • 16 · Occupancy

    total $190,507 · program services $190,507

  • 17 · Travel

    total $15 · program services $15

  • 23 · Insurance

    total $5,235 · management and general $5,235

  • 24a · Other expenses: DEVELOPMENT EVENT

    total $12,694 · program services $2,103 · management and general $10,591

  • 24b · Other expenses: ACTIVITY EXPENSES

    total $18,547 · management and general $18,547

  • 24c · Other expenses: INSTRUCTIONAL EXPENSES

    total $17,348 · management and general $17,348

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $8,164 · management and general $8,164

  • 24e · All other expenses

    total $247 · management and general $247

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $134,137 · end of year $97,697

  • 2 · Savings and temporary cash investments

    beginning of year $9,914 · end of year $9,915

  • 8 · Inventories for sale or use

    beginning of year $7,066 · end of year $8,952

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

    $17,466

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

    $9,819

  • 10c · Land, buildings and equipment, net

    beginning of year $7,647 · end of year $7,647

  • 11 · Investments: publicly traded securities

    beginning of year $11,232 · end of year $21,980

  • 15 · Other assets

    beginning of year $39,000 · end of year $39,000

  • 27 · Net assets without donor restrictions

    beginning of year $208,996 · end of year $185,191

Mission and programs · 2023

Mission

THE ST.JEROME INSTITUTE IS A PRIVATE, INDEPENDENT HIGH SCHOOL WHICH OPENED IN THE FALL OF 2019. SJIS DISTINCTIVE APPROACH IS GROUNDED IN A CHRIST-CENTERED, LIBERAL ARTS CURRICULUM THAT ENGAGES THE CLASSICAL TRADITION WHILE ALSO ADDRESSING CONTEMPOTARY EDUCATION CONCERNS.

  • THE SAINT JEROME INSTITUTE OPERATED A CLASSICAL HIGH SCHOOL WITH 61 STUDENTS FOR THE 23-24 ACADEMIC YEAR.

    Expenses $780,308 · Revenue $671,263

As filed on the 2023 return.

Listed in Part VII

  • Andrew Shivone

    HEAD OF SCHOOL

    Total calculated
    $142,220
    From this org
    $142,220
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Christian Oconnell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Tyler Myers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Michael Ortner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Taylor Myers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Deborah Ruddy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Don Bunuan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Michael Hanby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Nicholas Healy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Lesley Rice

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • John Archer

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • Edward Trudeau

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349305221

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