Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $294,200

• 1e · Government grants (contributions)

  $424,597

• 1f · All other contributions, gifts and grants

  $115,335

• 1g · Noncash contributions included above

  $200

• 2a · Program service revenue: TUITION AND SERVICE FEES

  total $19,487,253 · related or exempt $19,487,253

• 2b · Program service revenue: EARLY INTERVENTION

  total $226,300 · related or exempt $226,300

• 11a · Other revenue: OTHER INCOME

  total $27 · excluded $27

• 11e · Other revenue, total

  $27

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $11,868,919 · program services $11,696,529 · management and general $172,390

• 8 · Pension plan contributions

  total $718,778 · program services $698,991 · management and general $19,787

• 9 · Other employee benefits

  total $3,673,601 · program services $3,574,728 · management and general $98,873

• 10 · Payroll taxes

  total $914,131 · program services $886,707 · management and general $27,424

• 11b · Fees: legal

  total $126,105 · management and general $126,105

• 11c · Fees: accounting

  total $61,500 · management and general $61,500

• 11d · Fees: lobbying

  total $2,847 · management and general $2,847

• 11g · Fees: other

  total $632,305 · program services $530,515 · management and general $101,790

• 13 · Office expenses

  total $850,614 · program services $793,813 · management and general $31,868 · fundraising $24,933

• 16 · Occupancy

  total $624,267 · program services $459,867 · management and general $164,400

• 17 · Travel

  total $30,235 · program services $29,100 · management and general $1,135

• 20 · Interest

  total $11,472 · management and general $11,472

• 22 · Depreciation, depletion and amortization

  total $157,290 · program services $157,290

• 24a · Other expenses: PURCHASED SERVICES

  total $340,196 · management and general $340,196

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $234,366 · program services $234,366

• 24c · Other expenses: EQUIPMENT RENTALS

  total $70,032 · program services $70,032

• 24d · Other expenses: MISCELLANEOUS

  total $26,020 · program services $26,020

• 24e · All other expenses

  total $25,435 · program services $25,225 · management and general $210

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,040,723 · end of year $984,684

• 4 · Accounts receivable

  beginning of year $3,394,440 · end of year $3,057,649

• 9 · Prepaid expenses and deferred charges

  beginning of year $164,575 · end of year $217,375

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

  $2,131,294

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

  $1,590,110

• 10c · Land, buildings and equipment, net

  beginning of year $519,038 · end of year $541,184

• 17 · Accounts payable and accrued expenses

  beginning of year $2,960,049 · end of year $2,494,918

• 19 · Deferred revenue

  beginning of year $13,536 · end of year $94,348

• 24 · Unsecured notes and loans payable

  beginning of year $480,000 · end of year $420,000

• 25 · Other liabilities

  beginning of year $857,453 · end of year $804,289

• 27 · Net assets without donor restrictions

  beginning of year $601,655 · end of year $916,325

• 28 · Net assets with donor restrictions

  beginning of year $206,083 · end of year $71,012

The filer's explanations (Part III)

PART I, LINE 3

THE JOHN A. COLEMAN SCHOOL'S CEO IS COMPENSATED BY A RELATED PARTY, ELIZABETH SETON PEDIATRIC CENTER, THE FOLLOWING IS THE PROCESS THE ORGANIZATION USED TO DETERMINE THE COMPENSATION: EXECUTIVE COMPENSATION, INCLUDING SALARY, BONUSES, AND BENEFITS, FOR THE OFFICERS AND OTHER KEY EMPLOYEES ARE REVIEWED AND RECOMMENDED BY A SUB-COMMITTEE OF THE BOARD OF DIRECTORS. NO MEMBER OF THE SUB-COMMITTEE WILL PARTICIPATE IN OR ECONOMICALLY BENEFIT FROM THE PROPOSED COMPENSATION ARRANGEMENT OR BE A FAMILY MEMBER OF THE EMPLOYEE, OR BE IN AN EMPLOYMENT RELATIONSHIP WITH RESPECT TO THE PARTICULAR EMPLOYEE UNDER WHICH THE MEMBER IS SUBJECT TO DIRECTION OR CONTROL BY THE EMPLOYEE, OR HAVE A MATERIAL FINANCIAL INTEREST THAT WILL BE AFFECTED BY THE PROPOSED COMPENSATION PACKAGE, OR RECEIVE ECONOMIC BENEFITS THAT ARE SUBJECT TO APPROVAL BY THE EMPLOYEE. RECOMMENDATIONS ARE FURNISHED TO THE VP OF TALENT MANAGEMENT FOR REVIEW AND PROCESSING. PRIOR TO MAKING ITS DECISION, THE SUB-COMMITTEE OBTAINS RELEVANT INFORMATION SUFFICIENT FOR DETERMINING THAT THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE, SUCH AS THE COMPENSATION PACKAGE OF SIMILARLY SITUATED TAX-EXEMPT OR TAXABLE ORGANIZATION PACKAGE OF SIMILAR POSITIONS, THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS FOR THE SERVICES OF THE EMPLOYEE. THE SUBCOMMITTEE ACCURATELY RECORDS MINUTES AND DOCUMENTS THE DETERMINATION OF ANY KEY EMPLOYEE COMPENSATION PACKAGE BEFORE THE LATTER OF THE NEXT SUB-COMMITTEE OR 60 DAYS AFTER THE FINAL ACTION IS TAKEN. THE DOCUMENTATION INCLUDES THE TERMS OF THE COMPENSATION PACKAGE AND THE DATE IT WAS APPROVED, THE NAME OF THE SUB-COMMITTEE MEMBERS WHO WERE PRESENT DURING THE DISCUSSION AND THOSE WHO VOTED IN THE ARRANGEMENT WITH THE COMPENSATION RATE, THE COMPARABLE DATA OBTAINED, AND RELIED UPON BY THE SUB-COMMITTEE, AND HOW THE DATA WAS OBTAINED, ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE TRANSACTION BY ANYONE WHO IS A REGULAR MEMBER OF THE SUB-COMMITTEE BUT WHO HAD A CONFLICT OF INTEREST AND REMOVED HIMSELF FROM THE ACTIONS OF THE SUB-COMMITTEE, AND IF APPLICABLE, THE REASON WHY THE SUB-COMMITTEE DETERMINED A REASONABLE COMPENSATION RATE TO BE HIGHER OR LOWER THAN THE COMPENSATION PACKAGE OF COMPARABLE PUBLIC CHARITIES. NO COMPENSATION OF ANY KIND SHALL BE PAID TO ELIZABETH SETON'S BOARD OF DIRECTORS. AN INDEPENDENT THIRD PARTY CONSULTANT WAS ENGAGED TO PERFORM THE EXECUTIVE COMPENSATION REVIEW, PRESENT FINDINGS TO THE COMPENSATION COMMITTEE OF THE BOARD. THE INDEPENDENT EXECUTIVE COMPENSATION REVIEW IS PERFORMED PERIODICALLY.

PART I, LINE 7

THE ORGANIZATION PAID DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II), ROW (II) FOR THE APPLICABLE INDIVIDUALS.