Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $17,811,572

• 1g · Noncash contributions included above

  $486,040

• 2a · Program service revenue: TUITION & FEES

  total $15,522,827 · related or exempt $15,522,827

• 2b · Program service revenue: ATHLETICS/CAMPS

  total $164,250 · excluded $164,250

• 2c · Program service revenue: AUXILIARY/INSTRUCTIONS REVENUE

  total $221,544 · excluded $221,544

• 2d · Program service revenue: CAFETERIA

  total $53,252 · excluded $53,252

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $778,601 · unrelated business $4,568 · excluded $774,033

• 6a · Gross rents

  real property $85,724

• 6c · Rental income or loss

  real property $85,724 · personal property $0

• 6d · Net rental income or loss

  total $85,724 · related or exempt $85,724

• 7a · Gross sales of assets other than inventory

  securities $5,891,738

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

  securities $5,135,022 · other assets $45,920

• 7c · Gain or loss

  securities $756,716 · other assets -$45,920

• 7d · Net gain or loss

  total $710,796 · excluded $710,796

• 10a · Gross sales of inventory

  $134,713

• 10b · Cost of goods sold

  $184,840

• 10c · Net income from sales of inventory

  total -$50,127 · related or exempt -$50,127

• 11a · Other revenue: Miscellaneous Income

  total $1,149 · excluded $1,149

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $1,149

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,957,741 · program services $2,957,741

• 5 · Compensation of officers, directors and key employees

  total $845,317 · program services $86,811 · management and general $637,561 · fundraising $120,945

• 7 · Other salaries and wages

  total $10,110,819 · program services $6,902,664 · management and general $2,414,533 · fundraising $793,622

• 8 · Pension plan contributions

  total $483,730 · program services $483,730

• 9 · Other employee benefits

  total $1,443,909 · program services $1,443,909

• 10 · Payroll taxes

  total $793,184 · program services $594,888 · management and general $198,296

• 11b · Fees: legal

  total $312,261 · program services $88,799 · management and general $223,462

• 11c · Fees: accounting

  total $54,555 · management and general $54,555

• 11f · Fees: investment management

  total $107,702 · management and general $107,702

• 11g · Fees: other

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

• 13 · Office expenses

  total $1,505,828 · program services $903,687 · management and general $291,397 · fundraising $310,744

• 14 · Information technology

  total $119,171 · program services $119,171

• 16 · Occupancy

  total $608,128 · program services $502,768 · management and general $105,360

• 20 · Interest

  total $137,434 · program services $137,434

• 22 · Depreciation, depletion and amortization

  total $1,844,501 · program services $1,660,051 · management and general $184,450

• 23 · Insurance

  total $291,797 · program services $218,848 · management and general $72,949

• 24a · Other expenses: AUXILIARY EXPENSE

  total $707,702 · program services $707,702

• 24b · Other expenses: INSTRUCTION & STUDENT A

  total $401,312 · program services $313,497 · management and general $87,815

• 24c · Other expenses: MISCELLANEOUS

  total $119,224 · management and general $119,224

• 24d · Other expenses: BOND COSTS

  total $12,630 · program services $12,630

• 24e · All other expenses

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

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,311,260 · end of year $4,290,180

• 2 · Savings and temporary cash investments

  beginning of year $7,384,358 · end of year $7,638,370

• 3 · Pledges and grants receivable

  beginning of year $16,882,011 · end of year $25,971,939

• 4 · Accounts receivable

  beginning of year $6,993,594 · end of year $6,748,641

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $237,182 · end of year $245,745

• 9 · Prepaid expenses and deferred charges

  beginning of year $67,473 · end of year $16,803

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

  $58,259,096

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

  $36,500,077

• 10c · Land, buildings and equipment, net

  beginning of year $21,207,794 · end of year $21,759,019

• 11 · Investments: publicly traded securities

  beginning of year $24,591,555 · end of year $24,914,645

• 12 · Investments: other securities

  beginning of year $14,633,670 · end of year $15,174,127

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $95,036 · end of year $113,504

• 17 · Accounts payable and accrued expenses

  beginning of year $21,192 · end of year $85,636

• 19 · Deferred revenue

  beginning of year $12,920,878 · end of year $13,124,804

• 20 · Tax-exempt bond liabilities

  beginning of year $6,018,434 · end of year $5,321,064

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $414,856 · end of year $453,115

• 27 · Net assets without donor restrictions

  beginning of year $41,618,846 · end of year $39,269,567

• 28 · Net assets with donor restrictions

  beginning of year $33,409,727 · end of year $48,618,787

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use

HOUSING ALLOWANCE IS PROVIDED TO THE HEADMASTER. THIS BENEFIT IS FOR THE SCHOOLS CONVENIENCE AND IS NOT INCLUDED IN THE HEADMASTER'S TAXABLE COMPENSATION.

Schedule J, Part I, Line 1a Health or social club dues or initiation fees

SOCIAL CLUB DUES ARE PROVIDED TO THE HEADMASTER. THIS BENEFIT IS FOR THE SCHOOLS CONVENIENCE AND IS NOT INCLUDED IN THE HEADMASTER'S TAXABLE COMPENSATION.