Skip to content
Nonprofiteer
← Preston High School

Form 990 for tax year 2022

Filed by Preston High School.

Totals

Total revenue
$6,901,916
Total expenses
$6,631,594
Contributions and grants received
$1,700,327
Grants paid
$1,346,356
Program service revenue
$5,025,368
Investment income
$2,583
Other revenue
$173,638
Total assets, end of year
$4,977,743
Total liabilities, end of year
$2,601,845
Net assets or fund balances, end of year
$2,375,898
Program services expenses (Part IX)
$4,327,484
Management and general expenses
$1,879,737
Fundraising expenses
$424,373
Program service expenses (Part III)
$4,327,484

Program services were 65.3% 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.

  • 1e · Government grants (contributions)

    $1,018,005

  • 1f · All other contributions, gifts and grants

    $682,322

  • 2a · Program service revenue: Tuition and fees

    total $5,025,368 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,583 · unrelated business $0 · excluded $2,583

  • 11a · Other revenue: Bookstore & other revenues

    total $173,638 · related or exempt $173,638 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $173,638

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,346,356 · program services $1,346,356

  • 5 · Compensation of officers, directors and key employees

    total $279,044 · program services $169,253 · management and general $88,831 · fundraising $20,960

  • 7 · Other salaries and wages

    total $2,779,679 · program services $1,686,005 · management and general $884,880 · fundraising $208,794

  • 8 · Pension plan contributions

    total $182,893 · program services $110,933 · management and general $58,222 · fundraising $13,738

  • 9 · Other employee benefits

    total $239,187 · program services $145,078 · management and general $76,143 · fundraising $17,966

  • 10 · Payroll taxes

    total $212,520 · program services $128,903 · management and general $67,653 · fundraising $15,964

  • 11b · Fees: legal

    total $44,539 · program services $0 · management and general $44,539 · fundraising $0

  • 11g · Fees: other

    total $380,318 · program services $0 · management and general $380,318 · fundraising $0

  • 13 · Office expenses

    total $90,439 · program services $43,439 · management and general $3,709 · fundraising $43,291

  • 14 · Information technology

    total $192,790 · program services $161,762 · management and general $31,028 · fundraising $0

  • 16 · Occupancy

    total $195,985 · program services $141,787 · management and general $29,930 · fundraising $24,268

  • 22 · Depreciation, depletion and amortization

    total $182,067 · program services $131,718 · management and general $27,805 · fundraising $22,544

  • 23 · Insurance

    total $71,066 · program services $51,413 · management and general $10,853 · fundraising $8,800

  • 24a · Other expenses: Instructional supplies & student activities

    total $252,886 · program services $210,837 · management and general $36,313 · fundraising $5,736

  • 24b · Other expenses: Maintenance and repairs

    total $114,347 · program services $0 · management and general $114,347 · fundraising $0

  • 24c · Other expenses: Recruitment

    total $66,711 · program services $0 · management and general $24,399 · fundraising $42,312

  • 24d · Other expenses: Other

    total $767 · program services $0 · management and general $767 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,125,867 · end of year $1,185,220

  • 4 · Accounts receivable

    beginning of year $191,137 · end of year $259,120

  • 9 · Prepaid expenses and deferred charges

    beginning of year $115,442 · end of year $126,854

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

    $5,062,808

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

    $2,233,985

  • 10c · Land, buildings and equipment, net

    beginning of year $2,960,525 · end of year $2,828,823

  • 11 · Investments: publicly traded securities

    beginning of year $13,569 · end of year $18,038

  • 15 · Other assets

    beginning of year $69,426 · end of year $559,688

  • 17 · Accounts payable and accrued expenses

    beginning of year $180,400 · end of year $69,874

  • 19 · Deferred revenue

    beginning of year $1,228,266 · end of year $1,148,255

  • 23 · Secured mortgages and notes payable

    beginning of year $776,800 · end of year $776,800

  • 25 · Other liabilities

    beginning of year $184,924 · end of year $606,916

  • 27 · Net assets without donor restrictions

    beginning of year $2,076,326 · end of year $2,340,898

  • 28 · Net assets with donor restrictions

    beginning of year $29,250 · end of year $35,000

Mission and programs · 2022

Mission

Through a broad and challenging curriculum, a diverse, faith-centered community and a commitment to Christian service, Preston High School empowers young women by providing them with the skills needed to become compassionate leaders for change in their world.

  • Preston High School (PHS)graduated 97 students in the class of 2023, who earned over $27 million in college scholarships and grants. The PHS Soccer Team won the Tier 3 City championship of the 22-23 school year. PHS raised over 12,000 pounds of food to support local food pantries for the past two years.

    Expenses $4,327,484 · Revenue $3,679,012

As filed on the 2022 return.

Listed in Part VII

  • Donna Spitz

    President

    Total calculated
    $0
    Hours/week
    0

  • Laura DeMaria-DeMattia

    Treasurer

    Total calculated
    $0
    Hours/week
    0

  • Sr Laura DonovanRDC

    Member

    Total calculated
    $0
    Hours/week
    0

  • Tanya Douglas

    Member

    Total calculated
    $0
    Hours/week
    0

  • Judge Doris Gonzalez

    Member

    Total calculated
    $0
    Hours/week
    0

  • Lorrin Johnson

    Member

    Total calculated
    $0
    Hours/week
    0

  • Jennifer Connolly

    Principal

    Total calculated
    $118,476
    From this org
    $118,476
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Pasqualina Traina

    Director of Finance

    Total calculated
    $36,668
    From this org
    $36,668
    From related orgs
    $0
    Other
    $0
    Hours/week
    24

  • Cristina Fragale

    Senior Director of Recruitment and Development

    Total calculated
    $123,900
    From this org
    $123,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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
2022
Filed
16 August 2024
IRS schema version
2022v5.0
Source object
202443259349300144

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.