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← FOREST SCHOOL

Form 990 for tax year 2022

Filed by FOREST SCHOOL.

Totals

Total revenue
$3,877,130
Total expenses
$2,025,767
Contributions and grants received
$2,387,870
Grants paid
$0
Program service revenue
$1,478,733
Investment income
$10,527
Other revenue
$0
Total assets, end of year
$8,166,010
Total liabilities, end of year
$2,958,775
Net assets or fund balances, end of year
$5,207,235
Program services expenses (Part IX)
$2,025,767
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,025,767

Program services were 100.0% 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)

    $2,107,725

  • 1f · All other contributions, gifts and grants

    $280,145

  • 2a · Program service revenue: TUITION & FEES

    total $1,478,733 · related or exempt $1,478,733

  • 3 · Investment income

    total $10,527 · related or exempt $10,527

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $978,405 · program services $978,405

  • 10 · Payroll taxes

    total $70,449 · program services $70,449

  • 11a · Fees: management

    total $73,187 · program services $73,187

  • 11c · Fees: accounting

    total $30,507 · program services $30,507

  • 12 · Advertising and promotion

    total $19,814 · program services $19,814

  • 13 · Office expenses

    total $35,528 · program services $35,528

  • 16 · Occupancy

    total $353,153 · program services $353,153

  • 22 · Depreciation, depletion and amortization

    total $3,554 · program services $3,554

  • 23 · Insurance

    total $15,505 · program services $15,505

  • 24a · Other expenses: INSTITUTE SDL

    total $254,586 · program services $254,586

  • 24b · Other expenses: CONTRACT LABOR

    total $64,235 · program services $64,235

  • 24c · Other expenses: CURRICULUM

    total $59,116 · program services $59,116

  • 24d · Other expenses: FEES

    total $21,802 · program services $21,802

  • 24e · All other expenses

    total $45,926 · program services $45,926

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,365,551 · end of year $2,234,426

  • 4 · Accounts receivable

    beginning of year $18,260 · end of year $11,322

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,127 · end of year $12,312

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

    $1,511,245

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

    $16,578

  • 10c · Land, buildings and equipment, net

    beginning of year $23,221 · end of year $1,494,667

  • 15 · Other assets

    beginning of year $69,276 · end of year $4,413,283

  • 19 · Deferred revenue

    beginning of year $118,050 · end of year $173,300

  • 25 · Other liabilities

    beginning of year $609 · end of year $2,785,475

  • 27 · Net assets without donor restrictions

    beginning of year $3,274,838 · end of year $673,797

  • 28 · Net assets with donor restrictions

    beginning of year $87,938 · end of year $4,533,438

Mission and programs · 2022

Mission

EACH PERSON WHO ENTERS OUR DOORS WILL FIND A CALLING THAT WILL CHANGE THE WORLD.

  • THE FOREST SCHOOL INC. AT TRILITH-GRADES 1 THROUGH 12-IS A 21ST CENTURY MICRO-SCHOOL WITH LEARNER-DRIVEN TECHNOLOGY, SOCRATIC DISCUSSIONS, HANDS-ON PROJECTS, AND REAL-WORLD APPRENTICESHIPS IN AN INTENTIONALLY DIVERSE AND CHARACTER-FORGING COMMUNITY. THE FOREST SCHOOL INC. IS ACCREDITED BY THE GEORGIA ACCREDITATION COMMISSION AND THE INTERNATIONAL ASSOCIATION OF LEARNER DRIVEN SCHOOLS.

    Expenses $2,025,767 · Revenue $1,478,733

As filed on the 2022 return.

Listed in Part VII

  • Tyler Thigpen

    CEO & BOARD

    Total calculated
    $286,930
    From this org
    $286,930
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $286,930
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $286,930

  • Yvette Cook Darby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Russ Kiefer

    CFO OF BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • Matt Williams

    BOARD SECRET

    Total calculated
    $0
    Hours/week
    0.5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202303329349300705

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