Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $167,749

• 1f · All other contributions, gifts and grants

  $447,075

• 2a · Program service revenue: Tuition Income

  total $8,069,751 · related or exempt $8,069,751

• 2b · Program service revenue: Extended Day & Summer Camp

  total $1,322,604 · related or exempt $1,322,604

• 3 · Investment income

  total $618,795 · excluded $618,795

• 6a · Gross rents

  real property $800

• 6b · Less rental expenses

  real property $815

• 6c · Rental income or loss

  real property -$15

• 6d · Net rental income or loss

  total -$15 · excluded -$15

• 7a · Gross sales of assets other than inventory

  securities $598,777

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

  securities $0

• 7c · Gain or loss

  securities $598,777

• 7d · Net gain or loss

  total $598,777 · excluded $598,777

• 8a · Fundraising events: gross income

  $19,486

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

  $167,749

• 8b · Fundraising events: direct expenses

  $12,133

• 8c · Net income from fundraising events

  total $7,353 · excluded $7,353

• 11a · Other revenue: Net Proceeds from Tornado Damage

  total $186,071 · excluded $186,071

• 11b · Other revenue: Other income

  total $137,050 · excluded $137,050

• 11e · Other revenue, total

  $323,121

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,932,021 · program services $1,932,021

• 5 · Compensation of officers, directors and key employees

  total $392,136 · program services $19,607 · management and general $372,529

• 7 · Other salaries and wages

  total $4,426,783 · program services $3,833,611 · management and general $362,331 · fundraising $230,841

• 8 · Pension plan contributions

  total $182,094 · program services $142,234 · management and general $29,820 · fundraising $10,040

• 9 · Other employee benefits

  total $782,190 · program services $600,096 · management and general $139,734 · fundraising $42,360

• 10 · Payroll taxes

  total $402,728 · program services $311,278 · management and general $76,264 · fundraising $15,186

• 11c · Fees: accounting

  total $36,374 · management and general $36,374

• 11e · Fees: professional fundraising services

  total $65,300 · fundraising $65,300

• 11g · Fees: other

  total $81,306 · management and general $81,306

• 12 · Advertising and promotion

  total $170,359 · program services $4,753 · management and general $146,745 · fundraising $18,861

• 13 · Office expenses

  total $525,927 · program services $371,753 · management and general $150,765 · fundraising $3,409

• 14 · Information technology

  total $177,118 · program services $17,645 · management and general $159,473

• 16 · Occupancy

  total $447,246 · program services $428,072 · management and general $11,330 · fundraising $7,844

• 17 · Travel

  total $12,424 · program services $12,424

• 22 · Depreciation, depletion and amortization

  total $742,771 · program services $710,091 · management and general $19,310 · fundraising $13,370

• 23 · Insurance

  total $224,483 · management and general $224,483

• 24a · Other expenses: Tuition Remission

  total $315,967 · program services $315,967

• 24b · Other expenses: Training

  total $120,215 · program services $78,127 · management and general $41,491 · fundraising $597

• 24c · Other expenses: Miscellaneous

  total $96,275 · program services $94,553 · management and general $334 · fundraising $1,388

• 24d · Other expenses: Food & Venue

  total $82,121 · program services $50,463 · management and general $3,168 · fundraising $28,490

• 24e · All other expenses

  total $81,993 · program services $59,748 · fundraising $22,245

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $371,576 · end of year $1,853,549

• 3 · Pledges and grants receivable

  beginning of year $1,084,281 · end of year $160,129

• 4 · Accounts receivable

  beginning of year $4,352,833 · end of year $4,212,259

• 9 · Prepaid expenses and deferred charges

  beginning of year $119,844 · end of year $147,547

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

  $16,932,273

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

  $6,965,619

• 10c · Land, buildings and equipment, net

  beginning of year $9,189,309 · end of year $9,966,654

• 11 · Investments: publicly traded securities

  beginning of year $5,014,276 · end of year $4,590,366

• 15 · Other assets

  beginning of year $11,373,089 · end of year $12,642,729

• 17 · Accounts payable and accrued expenses

  beginning of year $583,403 · end of year $904,652

• 19 · Deferred revenue

  beginning of year $6,328,418 · end of year $6,936,803

• 25 · Other liabilities

  beginning of year $228,092 · end of year $262,782

• 27 · Net assets without donor restrictions

  beginning of year $13,055,615 · end of year $13,058,932

• 28 · Net assets with donor restrictions

  beginning of year $11,309,680 · end of year $12,410,064

The filer's explanations (Part III)

Part I, Line 3

There is a Board Committee in place which reviews data from the National Association of Independent Schools to determine compensation.