Form 990 for tax year 2023
Filed by ST RICHARDS EPISCOPAL SCHOOL INC.
Totals
- Total revenue
- $9,076,853
- Total expenses
- $8,866,158
- Contributions and grants received
- $1,955,700
- Grants paid
- $795,476
- Program service revenue
- $6,664,884
- Investment income
- $109,243
- Other revenue
- $347,026
- Total assets, end of year
- $7,842,690
- Total liabilities, end of year
- $1,079,763
- Net assets or fund balances, end of year
- $6,762,927
- Program services expenses (Part IX)
- $6,614,652
- Management and general expenses
- $1,912,158
- Fundraising expenses
- $339,348
- Program service expenses (Part III)
- $6,614,652
Program services were 74.6% 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
$112,125
-
1d · Related organizations
$345,000
-
1f · All other contributions, gifts and grants
$1,498,575
-
1g · Noncash contributions included above
$277,722
-
2a · Program service revenue: TUITION
total $6,090,954 · related or exempt $6,090,954
-
2b · Program service revenue: CHILDCARE REVENUE
total $510,628 · related or exempt $510,628
-
2f · All other program service revenue
total $63,302 · related or exempt $63,302
-
3 · Investment income
total $109,243 · excluded $109,243
-
8a · Fundraising events: gross income
$376,702
-
8a · Fundraising events: contributions included on line 1c
$112,125
-
8b · Fundraising events: direct expenses
$46,532
-
8c · Net income from fundraising events
total $330,170 · excluded $330,170
-
11d · All other revenue
total $16,856 · related or exempt $16,856
-
11e · Other revenue, total
$16,856
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $795,476 · program services $795,476
-
5 · Compensation of officers, directors and key employees
total $281,276 · program services $126,574 · management and general $126,574 · fundraising $28,128
-
7 · Other salaries and wages
total $3,912,886 · program services $2,834,307 · management and general $949,007 · fundraising $129,572
-
9 · Other employee benefits
total $542,494 · program services $328,293 · management and general $197,225 · fundraising $16,976
-
10 · Payroll taxes
total $302,986 · program services $208,815 · management and general $83,008 · fundraising $11,163
-
11b · Fees: legal
total $9,974 · management and general $9,974
-
11c · Fees: accounting
total $38,300 · management and general $38,300
-
11g · Fees: other
total $78,454 · management and general $78,034 · fundraising $420
-
12 · Advertising and promotion
total $223,710 · management and general $86,148 · fundraising $137,562
-
13 · Office expenses
total $16,102 · program services $926 · management and general $15,176
-
14 · Information technology
total $172,159 · program services $137,727 · management and general $34,432
-
16 · Occupancy
total $737,433 · program services $700,561 · management and general $36,872
-
20 · Interest
total $14,725 · management and general $14,725
-
22 · Depreciation, depletion and amortization
total $401,411 · program services $381,340 · management and general $20,071
-
23 · Insurance
total $69,957 · management and general $69,957
-
24a · Other expenses: INSTRUCTIONAL EXPENSE
total $485,082 · program services $485,082
-
24b · Other expenses: FOOD SERVICES
total $446,333 · program services $437,406 · management and general $8,927
-
24c · Other expenses: EVENTS
total $118,864 · program services $98,312 · management and general $10,474 · fundraising $10,078
-
24d · Other expenses: PROFESSIONAL DEVELOPMEN
total $57,280 · program services $26,730 · management and general $25,101 · fundraising $5,449
-
24e · All other expenses
total $161,256 · program services $53,103 · management and general $108,153
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,984,005 · end of year $2,113,711
-
3 · Pledges and grants receivable
beginning of year $187,082 · end of year $53,463
-
4 · Accounts receivable
beginning of year $72,773 · end of year $149,026
-
9 · Prepaid expenses and deferred charges
beginning of year $57,019 · end of year $76,297
-
10a · Land, buildings and equipment: cost or other basis
$9,979,064
-
10b · Land, buildings and equipment: accumulated depreciation
$4,789,732
-
10c · Land, buildings and equipment, net
beginning of year $5,056,503 · end of year $5,189,332
-
12 · Investments: other securities
beginning of year $151,218 · end of year $260,861
-
17 · Accounts payable and accrued expenses
beginning of year $367,265 · end of year $428,669
-
19 · Deferred revenue
beginning of year $229,875 · end of year $294,785
-
25 · Other liabilities
beginning of year $368,726 · end of year $356,309
-
27 · Net assets without donor restrictions
beginning of year $5,598,714 · end of year $5,808,289
-
28 · Net assets with donor restrictions
beginning of year $944,020 · end of year $954,638
Mission and programs · 2023
Mission
WE FOSTER KNOWLEDGE AND VALUES FOR A LIFETIME THROUGH THE IMPLEMENTATION OF OUR FIVE PILLARS FOR SUCCESS: FAITH, CLASSIC CURRICULUM, LEADERSHIP, CIVIC RESPONSIBILITY, AND GLOBAL READINESS.
-
WE STRIVE TO EDUCATE CHILDREN IN GRADES PRE-K THROUGH 8 WITH A CURRICULUM THAT IMPLEMENTS THE SCHOOL'S FIVE PILLARS FOR SUCCESS. WE VALUE THE INCLUSION OF ETHNIC, RACIAL, AND SOCIOECONOMIC DIVERSITY AMONG OUR STUDENTS. APPROXIMATELY 315 STUDENTS ATTEND THE SCHOOL.
Expenses $6,614,652 · Grants $795,476 · Revenue $6,681,740
As filed on the 2023 return.
Listed in Part VII
-
Nick ColbyNICK COLBY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Davies ReedDAVIES REED
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Jeff WawokJEFF WAWOK
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Roderick S BrownRODERICK S BROWN
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Jennifer Baskerville-BurrowsJENNIFER BASKERVILLE-BURROWS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Elizabeth BearbyELIZABETH BEARBY
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Nneka T BreauxNNEKA T BREAUX
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Leon JacksonLEON JACKSON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Ross HendricksonROSS HENDRICKSON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Angela KumarANGELA KUMAR
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Julia WhitworthJULIA WHITWORTH
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Rob MacPhersonROB MACPHERSON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Sara Mamuska-MorrisSARA MAMUSKA-MORRIS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Kimberly Bacon GrayKIMBERLY BACON GRAY
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Marlene MarchesaniMARLENE MARCHESANI
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
George PlewsGEORGE PLEWS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Wendy PonaderWENDY PONADER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Jim PuruckerJIM PURUCKER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Cindy ChoCINDY CHO
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Latonya M TurnerLATONYA M TURNER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Dr Leslie HoseyDR LESLIE HOSEY
HEAD OF SCHOOL
- Total calculated
- $237,795
- From this org
- $207,658
- From related orgs
- $0
- Other
- $30,137
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $207,658
- Bonus
- $0
- Other
- $0
- Deferred
- $19,457
- Nontaxable benefits
- $10,680
- Filer's total
- $237,795
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ST RICHARD'S EPISCOPAL SCHOOL FOUNDATION
501(C)(3) · FINANCIAL SUPPORT FOR THE WORK AND MINISTRY OF ST. RICHARD'S SCHOOL · IN
Directly controlled by ST RICHARD'S EPISCOPAL SCHOOL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520499349301237
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