Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $29,520

• 1f · All other contributions, gifts and grants

  $3,378,574

• 1g · Noncash contributions included above

  $339,223

• 2a · Program service revenue: TUITION & FEE REVENUE

  total $21,778,264 · related or exempt $21,778,264

• 2b · Program service revenue: SUMMER PROGRAM REVENUE

  total $480,552 · related or exempt $480,552

• 2c · Program service revenue: OTHER OPERATING REVENU

  total $165,520 · related or exempt $165,520

• 2d · Program service revenue: PROGRAM SUPPORTING REV

  total $154,542 · related or exempt $154,542

• 3 · Investment income

  total $641,172 · excluded $641,172

• 7a · Gross sales of assets other than inventory

  securities $6,792,203 · other assets $5,000

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

  securities $5,442,752 · other assets $0

• 7c · Gain or loss

  securities $1,349,451 · other assets $5,000

• 7d · Net gain or loss

  total $1,354,451 · related or exempt $1,354,451

• 8a · Fundraising events: gross income

  $11,850

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

  $29,520

• 8b · Fundraising events: direct expenses

  $24,822

• 8c · Net income from fundraising events

  total -$12,972 · excluded -$12,972

• 10a · Gross sales of inventory

  $368,505

• 10b · Cost of goods sold

  $352,271

• 10c · Net income from sales of inventory

  total $16,234 · excluded $16,234

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $6,118,527 · program services $6,118,527

• 5 · Compensation of officers, directors and key employees

  total $554,964 · management and general $554,964

• 7 · Other salaries and wages

  total $8,170,563 · program services $6,153,905 · management and general $1,118,773 · fundraising $897,885

• 8 · Pension plan contributions

  total $442,418 · program services $336,190 · management and general $58,347 · fundraising $47,881

• 9 · Other employee benefits

  total $923,825 · program services $667,539 · management and general $161,214 · fundraising $95,072

• 10 · Payroll taxes

  total $633,942 · program services $452,334 · management and general $117,186 · fundraising $64,422

• 11b · Fees: legal

  total $63,585 · management and general $63,585

• 11c · Fees: accounting

  total $67,765 · management and general $67,765

• 11f · Fees: investment management

  total $160,630 · management and general $160,630

• 11g · Fees: other

  total $229,856 · program services $79,879 · management and general $149,977

• 12 · Advertising and promotion

  total $176,138 · management and general $58,540 · fundraising $117,598

• 13 · Office expenses

  total $116,870 · management and general $116,870

• 14 · Information technology

  total $286,223 · program services $224,723 · management and general $43,929 · fundraising $17,571

• 16 · Occupancy

  total $1,281,717 · program services $1,126,075 · management and general $142,906 · fundraising $12,736

• 17 · Travel

  total $152,054 · management and general $70,402 · fundraising $81,652

• 19 · Conferences, conventions and meetings

  total $18,869 · management and general $18,869

• 20 · Interest

  total $325,110 · program services $285,631 · management and general $36,248 · fundraising $3,231

• 22 · Depreciation, depletion and amortization

  total $3,121,068 · program services $2,742,070 · management and general $347,984 · fundraising $31,014

• 23 · Insurance

  total $422,382 · program services $371,091 · management and general $47,094 · fundraising $4,197

• 24a · Other expenses: PHYSICAL PLANT

  total $791,160 · program services $695,088 · management and general $88,210 · fundraising $7,862

• 24b · Other expenses: FOOD SERVICE

  total $751,234 · program services $751,234

• 24c · Other expenses: OTHER EXPENSES

  total $592,823 · management and general $77,753 · fundraising $515,070

• 24d · Other expenses: INSTRUCTIONAL

  total $329,525 · program services $304,668 · management and general $24,857

• 24e · All other expenses

  total $679,610 · program services $493,883 · management and general $185,727

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,867,869 · end of year $2,197,589

• 2 · Savings and temporary cash investments

  beginning of year $750,740 · end of year $2,495,659

• 3 · Pledges and grants receivable

  beginning of year $30,546

• 4 · Accounts receivable

  beginning of year $8,373,930 · end of year $9,419,615

• 8 · Inventories for sale or use

  beginning of year $45,023 · end of year $86,172

• 9 · Prepaid expenses and deferred charges

  beginning of year $197,435 · end of year $358,064

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

  $79,850,667

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

  $34,964,398

• 10c · Land, buildings and equipment, net

  beginning of year $46,251,038 · end of year $44,886,269

• 11 · Investments: publicly traded securities

  beginning of year $38,102,890 · end of year $43,795,386

• 15 · Other assets

  beginning of year $585,262 · end of year $681,911

• 17 · Accounts payable and accrued expenses

  beginning of year $1,028,287 · end of year $958,675

• 19 · Deferred revenue

  beginning of year $15,516,134 · end of year $15,047,668

• 20 · Tax-exempt bond liabilities

  beginning of year $16,012,807 · end of year $15,633,668

• 23 · Secured mortgages and notes payable

  beginning of year $126,415 · end of year $66,577

• 27 · Net assets without donor restrictions

  beginning of year $45,327,437 · end of year $48,192,015

• 28 · Net assets with donor restrictions

  beginning of year $20,193,653 · end of year $24,022,062

The filer's explanations (Part III)

PART I, LINE 1A

A CAMPUS RESIDENCE, OWNED BY NEW HAMPTON SCHOOL, WAS PROVIDED FOR PERSONAL USE AS A CONDITION OF EMPLOYMENT TO THE HEAD OF SCHOOL.