Totals
- Total revenue
- $39,793,878
- Total expenses
- $34,605,157
- Contributions and grants received
- $7,794,608
- Grants paid
- $9,600,517
- Program service revenue
- $30,369,336
- Investment income
- $1,432,747
- Other revenue
- $197,187
- Total assets, end of year
- $111,729,524
- Total liabilities, end of year
- $14,165,659
- Net assets or fund balances, end of year
- $97,563,865
- Program services expenses (Part IX)
- $24,246,971
- Management and general expenses
- $9,387,403
- Fundraising expenses
- $970,783
- Program service expenses (Part III)
- $24,246,971
Program services were 70.1% 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.
-
1f · All other contributions, gifts and grants
$7,794,608
-
2a · Program service revenue: TUITION & FEES
total $28,894,679 · related or exempt $28,894,679
-
2b · Program service revenue: CAFETERIA
total $546,161 · related or exempt $546,161
-
2c · Program service revenue: EXTENDED STAY
total $337,216 · related or exempt $337,216
-
2d · Program service revenue: SUMMER CAMP
total $323,296 · related or exempt $323,296
-
2e · Program service revenue: BUS OPERATIONS
total $141,877 · related or exempt $141,877
-
2f · All other program service revenue
total $126,107 · related or exempt $126,107
-
3 · Investment income
total $486,890 · excluded $486,890
-
6a · Gross rents
real property $204,911
-
6b · Less rental expenses
real property $8,603
-
6c · Rental income or loss
real property $196,308
-
6d · Net rental income or loss
total $196,308 · excluded $196,308
-
7a · Gross sales of assets other than inventory
securities $24,993,618
-
7b · Less cost or other basis and sales expenses
securities $24,047,761
-
7c · Gain or loss
securities $945,857
-
7d · Net gain or loss
total $945,857 · excluded $945,857
-
10a · Gross sales of inventory
$29,261
-
10b · Cost of goods sold
$31,446
-
10c · Net income from sales of inventory
total -$2,185 · excluded -$2,185
-
11a · Other revenue: MISCELLANEOUS
total $3,064 · related or exempt $3,064
-
11e · Other revenue, total
$3,064
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $9,600,517 · program services $9,600,517
-
5 · Compensation of officers, directors and key employees
total $851,966 · program services $589,886 · management and general $218,428 · fundraising $43,652
-
7 · Other salaries and wages
total $14,031,183 · program services $9,867,433 · management and general $3,470,871 · fundraising $692,879
-
8 · Pension plan contributions
total $806,081 · program services $564,375 · management and general $197,570 · fundraising $44,136
-
9 · Other employee benefits
total $1,277,543 · program services $718,224 · management and general $507,706 · fundraising $51,613
-
10 · Payroll taxes
total $1,057,186 · program services $759,968 · management and general $246,871 · fundraising $50,347
-
11a · Fees: management
total $83,155 · management and general $83,155
-
11b · Fees: legal
total $31,660 · management and general $31,660
-
11c · Fees: accounting
total $29,385 · management and general $29,385
-
11f · Fees: investment management
total $135,668 · management and general $135,668
-
12 · Advertising and promotion
total $145,774 · management and general $145,774
-
13 · Office expenses
total $128,354 · program services $21,927 · management and general $95,901 · fundraising $10,526
-
14 · Information technology
total $232,076 · program services $1,271 · management and general $230,805
-
16 · Occupancy
total $458,707 · management and general $458,707
-
17 · Travel
total $7,265 · management and general $7,265
-
20 · Interest
total $313,286 · management and general $313,286
-
22 · Depreciation, depletion and amortization
total $1,632,438 · management and general $1,632,438
-
23 · Insurance
total $182,370 · management and general $182,370
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $811,219 · management and general $811,219
-
24b · Other expenses: EDUCATION/EXTENDED DAY
total $740,235 · program services $740,235
-
24c · Other expenses: CAFETERIA & BUSINESS OP
total $680,811 · program services $680,811
-
24d · Other expenses: EVENTS & ACTIVITIES
total $416,541 · program services $338,911 · fundraising $77,630
-
24e · All other expenses
total $951,737 · program services $363,413 · management and general $588,324
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,863 · end of year $1,179
-
2 · Savings and temporary cash investments
beginning of year $17,353,464 · end of year $15,768,694
-
3 · Pledges and grants receivable
beginning of year $7,733,362 · end of year $6,236,598
-
4 · Accounts receivable
beginning of year $550,066 · end of year $649,313
-
5 · Loans and receivables from officers and key people
beginning of year $100,000 · end of year $72,000
-
7 · Other notes and loans receivable
beginning of year $39,462 · end of year $78,411
-
8 · Inventories for sale or use
beginning of year $16,396 · end of year $15,059
-
9 · Prepaid expenses and deferred charges
beginning of year $424,349 · end of year $571,835
-
10a · Land, buildings and equipment: cost or other basis
$54,041,347
-
10b · Land, buildings and equipment: accumulated depreciation
$23,183,052
-
10c · Land, buildings and equipment, net
beginning of year $22,029,924 · end of year $30,858,295
-
11 · Investments: publicly traded securities
beginning of year $39,245,276 · end of year $43,908,943
-
12 · Investments: other securities
beginning of year $14,318,167 · end of year $13,202,861
-
15 · Other assets
beginning of year $170,882 · end of year $366,336
-
17 · Accounts payable and accrued expenses
beginning of year $1,921,403 · end of year $3,004,563
-
19 · Deferred revenue
beginning of year $3,469,358 · end of year $3,712,349
-
20 · Tax-exempt bond liabilities
beginning of year $7,934,641 · end of year $7,384,481
-
25 · Other liabilities
beginning of year $201,616 · end of year $64,266
-
27 · Net assets without donor restrictions
beginning of year $35,990,968 · end of year $39,649,758
-
28 · Net assets with donor restrictions
beginning of year $52,470,225 · end of year $57,914,107
Mission and programs · 2022
Mission
DEVOTED TO INTELLECTUAL INQUIRY, A COLLABORATIVE SPIRIT OF LEARNING, AND AN APPRECIATION FOR THE DIVERSITY OF HUMAN EXPERIENCE, THE PARK SCHOOL OF BALTIMORE IS A COMMUNITY FOUNDED ON POSITIVE EXPECTATIONS OF OUR STUDENTS AND RESPECT FOR INDIVIDUAL DIFFERENCES. WE CULTIVATE CHILDREN'S INNATE CURIOSITY BY NURTURING THEIR INTERESTS AND ENGAGING THEM AS ACTIVE PARTICIPANTS IN THEIR OWN EDUCATION. WE SUPPORT YOUNG PEOPLE IN BECOMING CONFIDENT QUESTIONERS AND RESPONSIBLE CITIZENS OF THE WORLD.
Activities or mission (Part I)
TO PROVIDE EDUCATION TO STUDENTS FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE.
-
INSTRUCTION & OTHER ACADEMIC PROGRAM EXPENSES - GENERAL OPERATION OF THE SCHOOL; PROVIDING BASIC EDUCATION FOR GRADES KINDERGARTEN THROUGH TWELVE.
Expenses $22,678,058 · Grants $9,600,517 · Revenue $28,894,679
-
AUXILIARY PROGRAMS & SPECIAL ACTIVITIES - EXPENSES ASSOCIATED WITH PROVIDING SUMMER CAMP, EXTENDED DAY, AND SPECIAL PROGRAMS FOR THE BENEFIT OF THE STUDENTS.
Expenses $1,568,913 · Revenue $1,477,721
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gregory WhiteGREGORY WHITE
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Kevin PearsonKEVIN PEARSON
PRESIDENT-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Lowell YuraLOWELL YURA
TREASURER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Georgia SmithGEORGIA SMITH
VICE PRESIDENT-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Janet CohenJANET COHEN
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Lila Shapiro-CyrLILA SHAPIRO-CYR
SECRETARY-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Austin ApplegateAUSTIN APPLEGATE
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Michael AlboMICHAEL ALBO
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Lydia GriggsbyLYDIA GRIGGSBY
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Stephen HulseSTEPHEN HULSE
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Andrew ConnorsANDREW CONNORS
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Sarah DavisonSARAH DAVISON
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Katelin EtohKATELIN ETOH
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Mica FidlerMICA FIDLER
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Nicola HellerNICOLA HELLER
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey NusinovJEFFREY NUSINOV
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Laurie LegumLAURIE LEGUM
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Matt HannibalMATT HANNIBAL
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Tim PickeringTIM PICKERING
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca RabinREBECCA RABIN
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Missy RohnrbachMISSY ROHNRBACH
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Karen Sirota WeinsteinKAREN SIROTA WEINSTEIN
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Darryl TarverDARRYL TARVER
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Brandy WashingtonBRANDY WASHINGTON
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Stacey KunarSTACEY KUNAR
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Mollie SelmanoffMOLLIE SELMANOFF
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Joseph Jm SchapiroJOSEPH JM SCHAPIRO
MEMBER-BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Daniel ParadisDANIEL PARADIS
HEAD OF SCHOOL
- Total calculated
- $452,664
- From this org
- $411,891
- From related orgs
- $0
- Other
- $40,773
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $358,391
- Bonus
- $1,000
- Other
- $52,500
- Deferred
- $18,300
- Nontaxable benefits
- $22,473
- Filer's total
- $452,664
-
Daniel SchochorDANIEL SCHOCHOR
ASSOCIATE HEAD OF SCHOOL F
- Total calculated
- $202,787
- From this org
- $191,365
- From related orgs
- $0
- Other
- $11,422
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,365
- Bonus
- $1,000
- Other
- $0
- Deferred
- $11,422
- Nontaxable benefits
- $0
- Filer's total
- $202,787
-
Priscilla MoralesPRISCILLA MORALES
ASSOCIATE HEAD OF SCHOOL
- Total calculated
- $246,672
- From this org
- $162,593
- From related orgs
- $0
- Other
- $84,079
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,593
- Bonus
- $1,000
- Other
- $0
- Deferred
- $9,810
- Nontaxable benefits
- $74,269
- Filer's total
- $246,672
-
Lisa QuintingLISA QUINTING
DIRECTOR OF ACCOUNTING
- Total calculated
- $174,862
- From this org
- $121,498
- From related orgs
- $0
- Other
- $53,364
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,498
- Bonus
- $1,000
- Other
- $0
- Deferred
- $7,505
- Nontaxable benefits
- $45,859
- Filer's total
- $174,862
-
Roger SeidenmanROGER SEIDENMAN
DIRECTOR OF DEVELOPMENT
- Total calculated
- $194,098
- From this org
- $183,168
- From related orgs
- $0
- Other
- $10,930
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,168
- Bonus
- $1,000
- Other
- $0
- Deferred
- $10,930
- Nontaxable benefits
- $0
- Filer's total
- $194,098
-
Joshua WolfJOSHUA WOLF
MIDDLE SCHOOL PRINCIPAL
- Total calculated
- $224,132
- From this org
- $114,654
- From related orgs
- $0
- Other
- $109,478
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $113,654
- Bonus
- $1,000
- Other
- $0
- Deferred
- $8,004
- Nontaxable benefits
- $101,474
- Filer's total
- $224,132
-
Traci WrightTRACI WRIGHT
UPPER SCHOOL PRINCIPAL
- Total calculated
- $149,628
- From this org
- $131,385
- From related orgs
- $0
- Other
- $18,243
- Hours/week
- 40
-
Adrienne PeresADRIENNE PERES
ASSOC DIRECTOR OF DEVELOPMENT
- Total calculated
- $132,526
- From this org
- $116,392
- From related orgs
- $0
- Other
- $16,134
- 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. 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
- 1a · Tax indemnification and gross-up payments
- 1a · Discretionary spending account
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- DANIEL PARADIS, HEAD OF SCHOOL, IS THE ONLY EMPLOYEE RECEIVING ANY OF THESE BENEFITS. THESE BENEFITS ARE INCLUDED IN DANIEL PARADIS'S W-2 TAXABLE COMPENSATION AND ARE PART OF HIS COMPENSATION PACKAGE.
- PART I, LINE 4B
- NON-QUALIFIED 457(B) CONTRIBUTIONS, DANIEL PARADIS - $20,500
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE PARK SCHOOL PARENTS ASSOCIATION INC
501(C)(3) · COMMUNICATIONS, PARENT EDUCATION, COMMUNITY SUPPORT, SPECIAL PROJECTS · MD
Directly controlled by NONE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441349349305329
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