Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $276,714

• 1e · Government grants (contributions)

  $1,752,413

• 1f · All other contributions, gifts and grants

  $3,200,519

• 1g · Noncash contributions included above

  $71,506

• 2a · Program service revenue: TUITION

  total $16,775,986 · related or exempt $16,775,986

• 2b · Program service revenue: AUXILLARY SERVICES

  total $1,638,392 · related or exempt $1,638,392

• 2c · Program service revenue: LIBRARY REVENUE

  total $3,230 · related or exempt $3,230

• 3 · Investment income

  total $1,200,348 · excluded $1,200,348

• 6a · Gross rents

  real property $168,971

• 6b · Less rental expenses

  real property $266,140

• 6c · Rental income or loss

  real property -$97,169

• 6d · Net rental income or loss

  total -$97,169 · excluded -$97,169

• 7a · Gross sales of assets other than inventory

  securities $2,936,967

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

  securities $2,937,240

• 7c · Gain or loss

  securities -$273

• 7d · Net gain or loss

  total -$273 · excluded -$273

• 8a · Fundraising events: gross income

  $111,183

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

  $276,714

• 8b · Fundraising events: direct expenses

  $103,958

• 8c · Net income from fundraising events

  total $7,225 · excluded $7,225

• 11a · Other revenue: MISC INCOME

  total $37,935 · excluded $37,935

• 11e · Other revenue, total

  $37,935

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,706,703 · program services $2,706,703

• 5 · Compensation of officers, directors and key employees

  total $1,988,316 · program services $1,153,684 · management and general $594,662 · fundraising $239,970

• 7 · Other salaries and wages

  total $9,895,316 · program services $6,466,732 · management and general $3,311,944 · fundraising $116,640

• 8 · Pension plan contributions

  total $538,121 · program services $359,508 · management and general $175,854 · fundraising $2,759

• 9 · Other employee benefits

  total $925,714 · program services $609,826 · management and general $298,011 · fundraising $17,877

• 10 · Payroll taxes

  total $830,083 · program services $534,931 · management and general $271,782 · fundraising $23,370

• 11b · Fees: legal

  total $171,700 · management and general $171,700

• 11c · Fees: accounting

  total $153,956 · management and general $153,956

• 11g · Fees: other

  total $327,687 · program services $321,884 · management and general $3,120 · fundraising $2,683

• 12 · Advertising and promotion

  total $143,977 · management and general $33,872 · fundraising $110,105

• 13 · Office expenses

  total $395,588 · program services $388,581 · management and general $3,767 · fundraising $3,240

• 14 · Information technology

  total $478,333 · program services $478,333

• 16 · Occupancy

  total $1,323,998 · program services $1,300,550 · management and general $12,607 · fundraising $10,841

• 20 · Interest

  total $273,563 · program services $268,718 · management and general $2,605 · fundraising $2,240

• 22 · Depreciation, depletion and amortization

  total $1,510,188 · program services $1,483,442 · management and general $14,380 · fundraising $12,366

• 23 · Insurance

  total $187,762 · program services $184,437 · management and general $1,788 · fundraising $1,537

• 24a · Other expenses: SUPPLIES & MATERIALS

  total $939,476 · program services $910,462 · fundraising $29,014

• 24b · Other expenses: EMPLOYEE FOOD & ENTERTA

  total $689,429 · program services $689,429

• 24c · Other expenses: PROFESSIONAL DEVELOPMEN

  total $253,238 · program services $253,238

• 24d · Other expenses: SERVICE LEARNING

  total $221,800 · program services $221,800

• 24e · All other expenses

  total $166,031 · program services $150,730 · fundraising $15,301

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,640,589 · end of year $6,010,602

• 2 · Savings and temporary cash investments

  beginning of year $8,036,811 · end of year $289,537

• 3 · Pledges and grants receivable

  beginning of year $4,544,260 · end of year $1,756,401

• 4 · Accounts receivable

  beginning of year $9,585,359 · end of year $10,637,288

• 9 · Prepaid expenses and deferred charges

  beginning of year $68,073 · end of year $129,479

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

  $53,157,441

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

  $20,216,444

• 10c · Land, buildings and equipment, net

  beginning of year $33,578,842 · end of year $32,940,997

• 11 · Investments: publicly traded securities

  beginning of year $37,791,346 · end of year $46,274,716

• 12 · Investments: other securities

  beginning of year $182,057 · end of year $93,780

• 15 · Other assets

  beginning of year $9,471 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $2,389,673 · end of year $1,748,192

• 19 · Deferred revenue

  beginning of year $14,211,613 · end of year $14,654,236

• 20 · Tax-exempt bond liabilities

  beginning of year $11,236,672 · end of year $11,186,962

• 27 · Net assets without donor restrictions

  beginning of year $16,825,546 · end of year $35,312,474

• 28 · Net assets with donor restrictions

  beginning of year $50,773,304 · end of year $35,230,936

The filer's explanations (Part III)

PART I, LINE 1A

SAN FRANCISCO DAY SCHOOL DOES NOT OWN A HOUSE FOR ITS HEAD OF SCHOOL, THUS PETER MCCORMACK AND DR. MICHAEL WALKER RECEIVE HOUSING ALLOWANCES AS PART OF THEIR COMPENSATION. IN CALENDAR YEAR 2022, THEIR HOUSING ALLOWANCES WAS $115,160 AND $110,250, RESPECTIVELY.

PART I, LINE 4A

DURING THE 2022 CALENDAR YEAR, HEAD OF SCHOOL DR. MICHAEL WALKER RECEIVED A SEVERANCE PAYMENT OF $341,332.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SIMON PROPS LLC

  REAL ESTATE HOLDING · CA · income $154,581 · assets $4,335,477

  Directly controlled by SAN FRANCISCO DAY SCHOOL