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Nonprofiteer
← LE JARDIN ACADEMY INC

Form 990 for tax year 2024

Filed by LE JARDIN ACADEMY INC.

Totals

Total revenue
$29,424,450
Total expenses
$30,065,391
Contributions and grants received
$1,640,462
Grants paid
$3,924,627
Program service revenue
$27,121,632
Investment income
$342,544
Other revenue
$319,812
Total assets, end of year
$39,035,222
Total liabilities, end of year
$21,260,105
Net assets or fund balances, end of year
$17,775,117
Program services expenses (Part IX)
$25,830,854
Management and general expenses
$3,871,262
Fundraising expenses
$363,275
Program service expenses (Part III)
$25,830,854

Program services were 85.9% 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

    $127,040

  • 1f · All other contributions, gifts and grants

    $1,513,422

  • 2a · Program service revenue: TUITION AND FEES

    total $24,304,744 · related or exempt $24,304,744

  • 2b · Program service revenue: EDUCATION ACTIVITIES

    total $2,602,622 · related or exempt $2,602,622

  • 2c · Program service revenue: OTHER PROGRAM ACTIVITIES

    total $214,266 · related or exempt $214,266

  • 3 · Investment income

    total $215,668 · excluded $215,668

  • 6a · Gross rents

    real property $20,111

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $20,111

  • 6d · Net rental income or loss

    total $20,111 · excluded $20,111

  • 7a · Gross sales of assets other than inventory

    securities $126,876

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

    securities $0

  • 7c · Gain or loss

    securities $126,876

  • 7d · Net gain or loss

    total $126,876 · excluded $126,876

  • 8a · Fundraising events: gross income

    $166,935

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

    $127,040

  • 8b · Fundraising events: direct expenses

    $104,793

  • 8c · Net income from fundraising events

    total $62,142 · excluded $62,142

  • 10a · Gross sales of inventory

    $653,312

  • 10b · Cost of goods sold

    $415,753

  • 10c · Net income from sales of inventory

    total $237,559 · related or exempt $237,559

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,924,627 · program services $3,924,627

  • 5 · Compensation of officers, directors and key employees

    total $1,303,576 · program services $550,501 · management and general $595,896 · fundraising $157,179

  • 7 · Other salaries and wages

    total $13,392,949 · program services $13,392,949

  • 8 · Pension plan contributions

    total $983,743 · program services $731,794 · management and general $251,949

  • 9 · Other employee benefits

    total $1,439,086 · program services $1,006,202 · management and general $432,884

  • 10 · Payroll taxes

    total $1,108,009 · program services $870,279 · management and general $237,730

  • 11b · Fees: legal

    total $273,904 · management and general $273,904

  • 11c · Fees: accounting

    total $55,605 · management and general $55,605

  • 11f · Fees: investment management

    total $5,947 · management and general $5,947

  • 11g · Fees: other

    total $78,662 · program services $84,661 · management and general -$11,168 · fundraising $5,169

  • 12 · Advertising and promotion

    total $121,876 · program services $57,431 · management and general $60,938 · fundraising $3,507

  • 13 · Office expenses

    total $724,873 · program services $324,340 · management and general $380,728 · fundraising $19,805

  • 14 · Information technology

    total $397,694 · program services $187,404 · management and general $198,847 · fundraising $11,443

  • 16 · Occupancy

    total $598,945 · program services $190,038 · management and general $397,304 · fundraising $11,603

  • 19 · Conferences, conventions and meetings

    total $52,868 · program services $24,913 · management and general $26,434 · fundraising $1,521

  • 20 · Interest

    total $267,248 · management and general $267,248

  • 22 · Depreciation, depletion and amortization

    total $1,374,532 · program services $1,127,027 · management and general $178,689 · fundraising $68,816

  • 23 · Insurance

    total $589,269 · program services $277,680 · management and general $294,634 · fundraising $16,955

  • 24a · Other expenses: STUDENT ACTIVITIES

    total $1,800,022 · program services $1,800,022

  • 24b · Other expenses: REPAIR AND MAINTENANCE

    total $756,313 · program services $620,129 · management and general $98,320 · fundraising $37,864

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $501,364 · program services $501,364

  • 24d · Other expenses: MEMBERSHIP DUES

    total $118,823 · program services $55,993 · management and general $59,411 · fundraising $3,419

  • 24e · All other expenses

    total $195,456 · program services $103,500 · management and general $65,962 · fundraising $25,994

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $706,879 · end of year $435,794

  • 3 · Pledges and grants receivable

    beginning of year $1,606,099 · end of year $1,152,195

  • 4 · Accounts receivable

    beginning of year $303,589 · end of year $375,765

  • 8 · Inventories for sale or use

    beginning of year $5,797 · end of year $15,515

  • 9 · Prepaid expenses and deferred charges

    beginning of year $558,858 · end of year $769,238

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

    $60,344,706

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

    $26,430,236

  • 10c · Land, buildings and equipment, net

    beginning of year $24,997,684 · end of year $33,914,470

  • 11 · Investments: publicly traded securities

    beginning of year $6,065,014 · end of year $2,286,400

  • 15 · Other assets

    beginning of year $257,300 · end of year $85,845

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,640,999 · end of year $4,177,854

  • 19 · Deferred revenue

    beginning of year $1,452,602 · end of year $1,626,964

  • 23 · Secured mortgages and notes payable

    beginning of year $12,804,741 · end of year $15,369,442

  • 25 · Other liabilities

    beginning of year $257,300 · end of year $85,845

  • 27 · Net assets without donor restrictions

    beginning of year $13,253,341 · end of year $12,024,047

  • 28 · Net assets with donor restrictions

    beginning of year $5,092,237 · end of year $5,751,070

Mission and programs · 2024

Mission

TO CULTIVATE A COMMUNITY OF LEARNERS WHO EMBRACE HANA PONO TO POSITIVELY IMPACT THE WORLD.

  • SINCE ITS FOUNDING IN 1961 , THE ACADEMY HAS GROWN FROM A SMALL PRESCHOOL TO A TWO-CAMPUS, PRE-KINDERGARTEN THROUGH GRADE 12 LEARNING INSTITUTION. THE ACADEMY IS CHARACTERIZED BY ITS COMMITMENT TO GROWTH, EXTRAORDINARY LEARNING EXPERIENCES, AND A STRONG, INTERCONNECTED COMMUNITY. THE ACADEMY'S VALUES ARE TO: (1) HONOR INDIVIDUAL PATHWAYS TO SUCCESS AND HAPPINESS, (2) STRIVE FOR EXCELLENCE,(3) INNOVATE FOR POSITIVE CHANGE, (4) SERVE PEACE, AND (5) NURTURE RELATIONSHIPS AND RESOURCES.THE ACADEMY'S DISTINCTIVE LEARNING MODEL EMBRACES IB FOUNDATIONAL VALUES AND ACADEMIC RIGOR AS PART OF ITS MULTIFACETED EDUCATIONAL FRAMEWORK AND PROVIDES STUDENTS WITH A CONTINUUM OF EDUCATION, CONSISTING OF THREE PROGRAMS (PRIMARY YEARS PROGRAM, MIDDLE YEARS PROGRAM, DIPLOMA PROGRAM) UNITED BY THE IB PHILOSOPHY.THE PROGRAMS ENCOURAGE BOTH PERSONAL AND ACADEMIC ACHIEVEMENT, AND SUCCESSFUL COMPLETION OF THE DIPLOMA PROGRAM CULMINATES IN THE IB DIPLOMA. AS A GLOBAL CITIZEN'S DIPLOMA CONSORTIUM SCHOOL, THE ACADEMY'S STUDENTS ALSO HAVE AN OPPORTUNITY TO EARN THE GLOBAL CITIZEN'S DIPLOMA.THE ACADEMY'S EMPHASIS ON INQUIRY, SELF-DIRECTED LEARNING, AND DIFFERENTIATED INSTRUCTION PROMOTE LIFELONG LEARNING WHILE THE PRACTICE OF THINKING, SOCIAL COMMUNICATION, RESEARCH, AND SELF-MANAGEMENT SKILLS PREPARES STUDENTS FOR THE CHALLENGES AND OPPORTUNITIES OF THE 21ST CENTURY. THE ACADEMY IS A MEMBER OF THE HAWAII ASSOCIATION FOR INDEPENDENT SCHOOLS (HAIS) AND NATIONAL ASSOCIATION FOR INDEPENDENT SCHOOLS (NAIS), AND IS ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC).

    Expenses $21,906,227 · Revenue $27,359,191

  • LE JARDIN ACADEMY PROVIDES TUITION ASSISTANCE TO APPROXIMATELY 170 STUDENTS WITH AVERAGE AWARD OF OVER $6,000. THESE AWARDS GENERALLY RANGE FROM 10% TO 100% OF NEED. THE AMOUNT OF TUITION ASSISTANCE DEPENDS UPON A FAMILY'S INCOME, ASSETS, NUMBER OF DEPENDENTS, NUMBER OF CHILDREN ATTENDING AN INDEPENDENT SCHOOL, LIVING EXPENSES, TAXES, MEDICAL EXPENSES, PERSONAL INDEBTEDNESS, AND ANY EXTRAORDINARY EXPENSES. THE ASSETS AND EARNING OF BOTH PARENTS WILL BE CONSIDERED IN DETERMINING AWARD AMOUNTS. TUITION ASSISTANCE GRANTS ARE MADE ON THE BASIS OF THE AVAILABILITY OF FUNDS AND ARE CONSISTENT WITH ESTABLISHED GUIDELINES.

    Expenses $3,924,627 · Grants $3,924,627

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jennifer Meehan

    DIRECTOR/CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Makani Maeva

    DIRECTOR/SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Duff Janus

    DIRECTOR/VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Bonnie Pang

    DIRECTOR/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Dewey Hess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Darlene Blakeney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dave Kennedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Sibley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Settle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Evan Scherman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Constance Smales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roger Ulveling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Art Gladstone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dean Spagnoli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Samuel Braun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Kelly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sue Ferandin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shane Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Marx

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dee Jay Mailer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Earl Kim

    HEAD OF SCHOOL

    Total calculated
    $543,069
    From this org
    $445,578
    From related orgs
    $0
    Other
    $97,491
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $355,513
    Bonus
    $36,065
    Other
    $54,000
    Deferred
    $58,618
    Nontaxable benefits
    $38,873
    Filer's total
    $543,069
  • Courtney Chow

    EXEC DIRECTOR OF ADVANCEME

    Total calculated
    $244,305
    From this org
    $200,698
    From related orgs
    $0
    Other
    $43,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,698
    Bonus
    $0
    Other
    $0
    Deferred
    $16,248
    Nontaxable benefits
    $27,359
    Filer's total
    $244,305
  • Leah Magana

    HEAD OF PRIMARY DIVISION

    Total calculated
    $223,226
    From this org
    $172,208
    From related orgs
    $0
    Other
    $51,018
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,208
    Bonus
    $0
    Other
    $0
    Deferred
    $14,161
    Nontaxable benefits
    $36,857
    Filer's total
    $223,226
  • Stacy Kilty

    EXEC DIRECTOR OF BUSINESS

    Total calculated
    $195,616
    From this org
    $167,760
    From related orgs
    $0
    Other
    $27,856
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,760
    Bonus
    $0
    Other
    $0
    Deferred
    $13,578
    Nontaxable benefits
    $14,278
    Filer's total
    $195,616
  • Alex Ramsvig

    HEAD OF SECONDARY DIVISION

    Total calculated
    $236,409
    From this org
    $159,621
    From related orgs
    $0
    Other
    $76,788
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,621
    Bonus
    $0
    Other
    $0
    Deferred
    $13,883
    Nontaxable benefits
    $62,905
    Filer's total
    $236,409
  • Melissa Handy

    EXEC DIRECTOR OF STRATEGIC

    Total calculated
    $198,844
    From this org
    $157,712
    From related orgs
    $0
    Other
    $41,132
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,712
    Bonus
    $0
    Other
    $0
    Deferred
    $13,713
    Nontaxable benefits
    $27,419
    Filer's total
    $198,844

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

  • 1a · Discretionary spending account
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE HEAD OF SCHOOL RECEIVED DISCRETIONARY SPENDING AMOUNTS, HOUSING ALLOWANCE, AND SOCIAL CLUB BENEFITS. DISCRETIONARY SPENDING AND HOUSING ALLOWANCE ARE REPORTED AS TAXABLE COMPENSATION. THE SOCIAL CLUB BENEFITS WERE NOT REPORTED AS TAXABLE COMPENSATION, AS THERE WAS NO PERSONAL USE.
PART I, LINE 4B
THERE IS A 457(F) PLAN FOR THE HEAD OF SCHOOL.
PART I, LINE 6
THE HEAD OF SCHOOL IS PROVIDED AN ANNUAL INCENTIVE PLAN.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
11 March 2026
IRS schema version
2024v5.5
Source object
202641019349300739

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