Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $50,000

• 1e · Government grants (contributions)

  $1,874,611

• 1f · All other contributions, gifts and grants

  $1,575,063

• 1g · Noncash contributions included above

  $17,545

• 2a · Program service revenue: TUITION REVENUE

  total $17,596,580 · related or exempt $17,596,580

• 2b · Program service revenue: OTHER STUDENT FEES

  total $264,863 · related or exempt $264,863

• 2c · Program service revenue: SUMMER PROGRAMS

  total $259,796 · related or exempt $259,796

• 2d · Program service revenue: EXTENDED DAY AND AFTER SCHOOL

  total $251,989 · related or exempt $251,989

• 2e · Program service revenue: INSTRUCTIONAL FEES

  total $221,100 · related or exempt $221,100

• 3 · Investment income

  total $358,574 · excluded $358,574

• 6a · Gross rents

  real property $23,800

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $23,800

• 6d · Net rental income or loss

  total $23,800 · excluded $23,800

• 7a · Gross sales of assets other than inventory

  securities $3,612,424

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

  securities $3,089,377 · other assets $33,840

• 7c · Gain or loss

  securities $523,047 · other assets -$33,840

• 7d · Net gain or loss

  total $489,207 · excluded $489,207

• 10a · Gross sales of inventory

  $49,783

• 10b · Cost of goods sold

  $40,061

• 10c · Net income from sales of inventory

  total $9,722 · excluded $9,722

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,756,445 · program services $4,756,445

• 5 · Compensation of officers, directors and key employees

  total $448,441 · program services $112,111 · management and general $224,219 · fundraising $112,111

• 7 · Other salaries and wages

  total $8,396,539 · program services $6,013,118 · management and general $2,162,946 · fundraising $220,475

• 8 · Pension plan contributions

  total $189,704 · program services $127,008 · management and general $57,702 · fundraising $4,994

• 9 · Other employee benefits

  total $2,501,892 · program services $1,746,439 · management and general $678,996 · fundraising $76,457

• 10 · Payroll taxes

  total $634,158 · program services $409,474 · management and general $204,838 · fundraising $19,846

• 11b · Fees: legal

  total $3,587 · management and general $3,587

• 11c · Fees: accounting

  total $30,750 · management and general $30,750

• 11f · Fees: investment management

  total $30,303 · management and general $30,303

• 11g · Fees: other

  total $8,600 · management and general $8,600

• 12 · Advertising and promotion

  total $96,817 · management and general $96,817

• 13 · Office expenses

  total $88,465 · management and general $88,465

• 14 · Information technology

  total $323,287 · program services $281,001 · management and general $27,747 · fundraising $14,539

• 16 · Occupancy

  total $975,547 · program services $847,946 · management and general $127,601

• 17 · Travel

  total $89,584 · program services $74,598 · management and general $14,986

• 20 · Interest

  total $71,912 · program services $62,506 · management and general $9,406

• 22 · Depreciation, depletion and amortization

  total $1,052,986 · program services $915,255 · management and general $137,731

• 23 · Insurance

  total $133,284 · program services $115,850 · management and general $17,434

• 24a · Other expenses: INSTRUCTIONAL MATERIALS

  total $632,482 · program services $632,482

• 24b · Other expenses: ATHLETICS AND PHYSICAL

  total $179,019 · program services $179,019

• 24c · Other expenses: COMMUNICATIONS, RELATIO

  total $131,371 · management and general $119,450 · fundraising $11,921

• 24d · Other expenses: DINING HALL

  total $75,451 · program services $75,451

• 24e · All other expenses

  total $188,174 · program services $82,613 · management and general $105,561

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $619,351 · end of year $932,060

• 2 · Savings and temporary cash investments

  end of year $901

• 3 · Pledges and grants receivable

  beginning of year $1,479,135 · end of year $624,197

• 4 · Accounts receivable

  beginning of year $55,499 · end of year $60,076

• 8 · Inventories for sale or use

  beginning of year $5,000 · end of year $5,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $70,003 · end of year $56,543

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

  $35,220,562

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

  $17,494,960

• 10c · Land, buildings and equipment, net

  beginning of year $18,101,216 · end of year $17,725,602

• 11 · Investments: publicly traded securities

  beginning of year $12,301,091 · end of year $15,566,334

• 15 · Other assets

  beginning of year $34,796 · end of year $18,231

• 17 · Accounts payable and accrued expenses

  beginning of year $1,143,399 · end of year $1,204,376

• 19 · Deferred revenue

  beginning of year $1,182,293 · end of year $1,565,910

• 23 · Secured mortgages and notes payable

  beginning of year $2,038,526 · end of year $1,287,654

• 25 · Other liabilities

  beginning of year $56,416 · end of year $35,727

• 27 · Net assets without donor restrictions

  beginning of year $21,406,101 · end of year $22,783,157

• 28 · Net assets with donor restrictions

  beginning of year $6,839,356 · end of year $8,112,120

The filer's explanations (Part III)

PART I, LINE 4B

THE HEAD OF SCHOOL PARTICIPATES IN A 457B NONQUALIFIED DEFERRED COMPENSATION PLAN ACCRUING BENEFITS OF $22,500 DURING THE YEAR ENDED JUNE 30, 2024.