Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $256,403

• 1e · Government grants (contributions)

  $467,381

• 1f · All other contributions, gifts and grants

  $1,751,256

• 2a · Program service revenue: TUITION

  total $18,610,146 · related or exempt $18,610,146

• 2b · Program service revenue: AUXILLARY

  total $791,358 · related or exempt $791,358

• 2c · Program service revenue: MISC

  total $56,635 · related or exempt $56,635

• 3 · Investment income

  total $1,066,057 · unrelated business -$1,367 · excluded $1,067,424

• 7a · Gross sales of assets other than inventory

  securities $554,905 · other assets $1,695,000

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

  securities $280,296 · other assets $1,676,868

• 7c · Gain or loss

  securities $274,609 · other assets $18,132

• 7d · Net gain or loss

  total $292,741 · excluded $292,741

• 8a · Fundraising events: gross income

  $101,170

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

  $256,403

• 8b · Fundraising events: direct expenses

  $101,170

• 8c · Net income from fundraising events

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,960,181 · program services $3,960,181

• 5 · Compensation of officers, directors and key employees

  total $814,383 · program services $161,522 · management and general $572,100 · fundraising $80,761

• 7 · Other salaries and wages

  total $9,750,483 · program services $7,545,621 · management and general $1,823,917 · fundraising $380,945

• 8 · Pension plan contributions

  total $451,380 · program services $339,690 · management and general $99,897 · fundraising $11,793

• 9 · Other employee benefits

  total $835,522 · program services $616,269 · management and general $208,970 · fundraising $10,283

• 10 · Payroll taxes

  total $740,644 · program services $558,492 · management and general $153,047 · fundraising $29,105

• 11b · Fees: legal

  total $55,936 · management and general $55,936

• 11c · Fees: accounting

  total $52,030 · management and general $52,030

• 11g · Fees: other

  total $344,037 · program services $59,027 · management and general $195,565 · fundraising $89,445

• 13 · Office expenses

  total $213,589 · program services $36,981 · management and general $132,968 · fundraising $43,640

• 14 · Information technology

  total $226,873 · program services $48,616 · management and general $166,229 · fundraising $12,028

• 16 · Occupancy

  total $886,166 · program services $696,349 · management and general $183,968 · fundraising $5,849

• 19 · Conferences, conventions and meetings

  total $98,751 · program services $63,162 · management and general $35,589

• 20 · Interest

  total $665,212 · program services $485,673 · management and general $175,460 · fundraising $4,079

• 22 · Depreciation, depletion and amortization

  total $1,392,077 · program services $1,093,894 · management and general $288,995 · fundraising $9,188

• 23 · Insurance

  total $153,480 · program services $126,647 · management and general $25,867 · fundraising $966

• 24a · Other expenses: TEACHING MATERIALS & SU

  total $1,213,178 · program services $1,213,178

• 24b · Other expenses: OTHER

  total $235,929 · program services $83,136 · management and general $144,769 · fundraising $8,024

• 24c · Other expenses: TRANSLATION AND COMMUNI

  total $116,017 · program services $100,531 · management and general $1,786 · fundraising $13,700

• 24d · Other expenses: PARENT ASSOCIATION

  total $74,886 · program services $74,886

• 24e · All other expenses

  total $62,699 · program services $27,506 · management and general $35,193

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,774,525 · end of year $739,838

• 2 · Savings and temporary cash investments

  beginning of year $8,739,160 · end of year $13,531,977

• 3 · Pledges and grants receivable

  beginning of year $83,953 · end of year $121,844

• 4 · Accounts receivable

  beginning of year $9,210,509 · end of year $9,995,272

• 7 · Other notes and loans receivable

  beginning of year $75,348 · end of year $20,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $258,854 · end of year $183,482

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

  $49,760,013

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

  $17,652,078

• 10c · Land, buildings and equipment, net

  beginning of year $34,587,305 · end of year $32,107,935

• 11 · Investments: publicly traded securities

  beginning of year $22,008,574 · end of year $24,271,973

• 17 · Accounts payable and accrued expenses

  beginning of year $1,093,059 · end of year $1,325,211

• 19 · Deferred revenue

  beginning of year $14,828,888 · end of year $15,626,366

• 20 · Tax-exempt bond liabilities

  beginning of year $21,871,868 · end of year $21,439,111

• 23 · Secured mortgages and notes payable

  beginning of year $1,194,010 · end of year $1,160,866

• 25 · Other liabilities

  beginning of year $8,750 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $29,967,275 · end of year $31,502,930

• 28 · Net assets with donor restrictions

  beginning of year $8,774,378 · end of year $9,917,837

The filer's explanations (Part III)

PART I, LINE 1A

THE SCHOOL PROVIDES A DISCRETIONARY SPENDING BUDGET TO THE HEAD OF THE SCHOOL IN THE AMOUNT OF APPROXIMATELY $2,588 ANNUALLY. IN ADDITION, THE SCHOOL ALSO PROVIDES A HOUSING ALLOWANCE ANNUALLY OF $121,800.