Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $14,385

• 1c · Fundraising events

  $78,150

• 1e · Government grants (contributions)

  $892,067

• 1f · All other contributions, gifts and grants

  $4,523,275

• 1g · Noncash contributions included above

  $143,383

• 2a · Program service revenue: TUITION & FEES

  total $4,167,332 · related or exempt $4,167,332

• 3 · Investment income

  total $881,637 · excluded $881,637

• 7a · Gross sales of assets other than inventory

  securities $1,584,016 · other assets $117,649

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

  securities $1,542,587 · other assets $117,649

• 7c · Gain or loss

  securities $41,429 · other assets $0

• 7d · Net gain or loss

  total $41,429 · excluded $41,429

• 8a · Fundraising events: gross income

  $251,749

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

  $78,150

• 8b · Fundraising events: direct expenses

  $170,856

• 8c · Net income from fundraising events

  total $80,893 · excluded $80,893

• 10a · Gross sales of inventory

  $2,050

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $2,050 · excluded $2,050

• 11a · Other revenue: ARCHDIOCESE WAGE SUBSIDY

  total $27,548 · excluded $27,548

• 11b · Other revenue: ARCHDIOCESE UTILITY SUBSIDY

  total $17,208 · excluded $17,208

• 11d · All other revenue

  total $4,229 · excluded $4,229

• 11e · Other revenue, total

  $48,985

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,419,828 · program services $3,419,828

• 5 · Compensation of officers, directors and key employees

  total $643,833 · management and general $643,833

• 7 · Other salaries and wages

  total $3,941,184 · program services $2,802,199 · management and general $347,475 · fundraising $791,510

• 8 · Pension plan contributions

  total $183,652 · program services $183,652

• 9 · Other employee benefits

  total $537,742 · program services $334,978 · management and general $98,310 · fundraising $104,454

• 10 · Payroll taxes

  total $312,070 · program services $193,383 · management and general $64,910 · fundraising $53,777

• 11a · Fees: management

  total $251,206 · management and general $251,206

• 11c · Fees: accounting

  total $38,252 · management and general $38,252

• 11g · Fees: other

  total $176,151 · program services $171,929 · management and general $1,946 · fundraising $2,276

• 12 · Advertising and promotion

  total $103,625 · program services $8,982 · fundraising $94,643

• 13 · Office expenses

  total $325,800 · program services $231,132 · management and general $7,277 · fundraising $87,391

• 14 · Information technology

  total $55,041 · program services $35,301 · management and general $399 · fundraising $19,341

• 16 · Occupancy

  total $592,212 · program services $578,021 · management and general $6,540 · fundraising $7,651

• 17 · Travel

  total $62,562 · program services $50,353 · fundraising $12,209

• 19 · Conferences, conventions and meetings

  total $80,250 · program services $62,411 · fundraising $17,839

• 22 · Depreciation, depletion and amortization

  total $372,782 · program services $363,849 · management and general $4,117 · fundraising $4,816

• 23 · Insurance

  total $132,574 · program services $129,397 · management and general $1,464 · fundraising $1,713

• 24a · Other expenses: STUDENT ACTIVITIES

  total $73,127 · program services $73,127

• 24b · Other expenses: MEALS & ENTERTAINMENT

  total $64,074 · program services $64,074

• 24c · Other expenses: BAD DEBT EXPENSE

  total $36,454 · program services $36,454

• 24d · Other expenses: EVENT EXPENSE

  total $23,117 · fundraising $23,117

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,974,706 · end of year $970,382

• 2 · Savings and temporary cash investments

  beginning of year $10,296,268 · end of year $9,528,403

• 3 · Pledges and grants receivable

  beginning of year $1,650,170 · end of year $1,449,470

• 4 · Accounts receivable

  beginning of year $90,563 · end of year $61,329

• 9 · Prepaid expenses and deferred charges

  beginning of year $88,666 · end of year $117,802

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

  $14,291,611

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

  $7,348,522

• 10c · Land, buildings and equipment, net

  beginning of year $5,678,605 · end of year $6,943,089

• 11 · Investments: publicly traded securities

  beginning of year $15,230,287 · end of year $17,933,776

• 12 · Investments: other securities

  beginning of year $6,774,732 · end of year $8,001,903

• 17 · Accounts payable and accrued expenses

  beginning of year $1,067,507 · end of year $903,297

• 19 · Deferred revenue

  beginning of year $25,114 · end of year $39,393

• 25 · Other liabilities

  beginning of year $0 · end of year $75,685

• 27 · Net assets without donor restrictions

  beginning of year $23,559,083 · end of year $24,413,946

• 28 · Net assets with donor restrictions

  beginning of year $17,132,293 · end of year $19,573,833

The filer's explanations (Part III)

PART I, LINE 4B

THE ORGANIZATION MAINTAINS A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER IRC SECTION 457(F) FOR BRYAN CARTER, PRESIDENT & CEO. DURING CALENDAR YEAR 2023, THE REPORTING ORGANIZATION DEFERED COMPENSATION FOR BRYAN CARTER. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (C).

PART I, LINE 7

SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE BOARD BASED UPON PERFORMANCE.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• THE GESU SCHOOL SCHOLARSHIP #1 LLC

  EXCLUDED · TO PARTICIPATE IN THE PENNSYLVANIA CREDIT PROGRAMS · PA

  Directly controlled by THE GESU SCHOOL INC