Totals
- Total revenue
- $7,407,302
- Total expenses
- $7,710,496
- Contributions and grants received
- $2,460,445
- Grants paid
- $0
- Program service revenue
- $4,287,400
- Investment income
- $218,987
- Other revenue
- $440,470
- Total assets, end of year
- $17,875,412
- Total liabilities, end of year
- $2,533,762
- Net assets or fund balances, end of year
- $15,341,650
- Program services expenses (Part IX)
- $5,125,383
- Management and general expenses
- $2,312,360
- Fundraising expenses
- $272,753
- Program service expenses (Part III)
- $5,125,383
Program services were 66.5% 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)
$91,500
-
1f · All other contributions, gifts and grants
$2,368,945
-
2a · Program service revenue: TUITION HOUSING MEALS
total $4,287,400 · related or exempt $4,287,400
-
3 · Investment income
total $218,987 · excluded $218,987
-
6a · Gross rents
real property $1,700
-
6c · Rental income or loss
real property $1,700
-
6d · Net rental income or loss
total $1,700 · excluded $1,700
-
8a · Fundraising events: gross income
$126,946
-
8c · Net income from fundraising events
total $126,946 · excluded $126,946
-
10a · Gross sales of inventory
$665,060
-
10b · Cost of goods sold
$355,820
-
10c · Net income from sales of inventory
total $309,240 · excluded $309,240
-
11a · Other revenue: MISCELLANEOUS
total $2,584 · related or exempt $2,584
-
11e · Other revenue, total
$2,584
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $2,994,343 · program services $2,092,168 · management and general $787,761 · fundraising $114,414
-
9 · Other employee benefits
total $722,059 · management and general $722,059
-
10 · Payroll taxes
total $222,816 · management and general $222,816
-
11c · Fees: accounting
total $55,869 · management and general $55,869
-
11g · Fees: other
total $230,158 · program services $222,722 · management and general $7,436
-
12 · Advertising and promotion
total $396,753 · program services $342,774 · management and general $6,494 · fundraising $47,485
-
13 · Office expenses
total $378,268 · program services $126,804 · management and general $208,366 · fundraising $43,098
-
16 · Occupancy
total $246,527 · program services $211,338 · management and general $35,189
-
17 · Travel
total $374,260 · program services $341,700 · management and general $32,560
-
22 · Depreciation, depletion and amortization
total $338,061 · program services $338,061
-
23 · Insurance
total $87,485 · management and general $87,485
-
24a · Other expenses: INSTRUCTOR PAY
total $608,300 · program services $608,300
-
24b · Other expenses: SUPPLIES
total $827,972 · program services $738,923 · management and general $88,903 · fundraising $146
-
24c · Other expenses: SPECIAL PROJECTS AND EVENTS
total $133,939 · program services $66,329 · fundraising $67,610
-
24e · All other expenses
total $93,686 · program services $36,264 · management and general $57,422
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,684,093 · end of year $375,637
-
2 · Savings and temporary cash investments
beginning of year $2,262,426 · end of year $2,703,552
-
4 · Accounts receivable
beginning of year $258,340 · end of year $322,016
-
8 · Inventories for sale or use
beginning of year $218,925 · end of year $236,360
-
9 · Prepaid expenses and deferred charges
beginning of year $47,775 · end of year $46,526
-
10a · Land, buildings and equipment: cost or other basis
$9,840,125
-
10b · Land, buildings and equipment: accumulated depreciation
$5,292,545
-
10c · Land, buildings and equipment, net
beginning of year $4,668,114 · end of year $4,547,580
-
11 · Investments: publicly traded securities
beginning of year $10,301,747 · end of year $9,544,535
-
15 · Other assets
beginning of year $46,708 · end of year $99,206
-
17 · Accounts payable and accrued expenses
beginning of year $446,343 · end of year $498,297
-
19 · Deferred revenue
beginning of year $1,925,586 · end of year $1,979,241
-
25 · Other liabilities
beginning of year $515,500 · end of year $56,224
-
27 · Net assets without donor restrictions
beginning of year $16,182,001 · end of year $13,468,639
-
28 · Net assets with donor restrictions
beginning of year $1,418,698 · end of year $1,873,011
Mission and programs · 2022
Mission
THE FOLK SCHOOL TRANSFORMS LIVES, BRINGING PEOPLE TOGETHER IN A NURTURING ENVIRONMENTFOR EXPERIENCES IN LEARNING AND COMMUNITY LIFE THAT SPARK SELF-DISCOVERY.
-
IN 2022 THE FOLK SCHOOL PROVIDED 782 COURSES TO 5,287 STUDENTS.
Expenses $5,125,383
As filed on the 2022 return.
Listed in Part VII
-
Maritza MaxwellMARITZA MAXWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura LedfordLAURA LEDFORD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kanute RareyKANUTE RAREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dina NorrisDINA NORRIS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Tommye ScanlinTOMMYE SCANLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jane OliverJANE OLIVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Forrest OliphantFORREST OLIPHANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janet DavisJANET DAVIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jack SmootJACK SMOOT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dale JaegerDALE JAEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joanna HaasJOANNA HAAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Able AllenABLE ALLEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jess AustinJESS AUSTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Mary AckerlyMARY ACKERLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry JacksonJERRY JACKSON
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342849349301824
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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