Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $6,448,659

• 1f · All other contributions, gifts and grants

  $2,772,770

• 2a · Program service revenue: STATE & LOCAL PER PUPIL OPERATING

  total $44,162,594 · related or exempt $44,162,594

• 2b · Program service revenue: MISCELLANEOUS INCOME

  total $380,211 · related or exempt $380,211

• 3 · Investment income

  total $1,340,320 · excluded $1,340,320

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $180,718 · program services $27,108 · management and general $153,610

• 7 · Other salaries and wages

  total $21,870,226 · program services $19,935,456 · management and general $1,934,770

• 8 · Pension plan contributions

  total $730,114 · program services $665,373 · management and general $64,741

• 9 · Other employee benefits

  total $3,088,217 · program services $2,792,234 · management and general $295,983

• 10 · Payroll taxes

  total $1,747,245 · program services $1,582,489 · management and general $164,756

• 11a · Fees: management

  total $5,516,914 · program services $4,690,295 · management and general $826,619

• 11b · Fees: legal

  total $13,978 · management and general $13,978

• 11c · Fees: accounting

  total $93,000 · management and general $93,000

• 11g · Fees: other

  total $346,600 · program services $346,600

• 12 · Advertising and promotion

  total $111,317 · program services $111,317

• 13 · Office expenses

  total $1,249,644 · program services $853,929 · management and general $395,715

• 14 · Information technology

  total $1,960,064 · program services $1,753,893 · management and general $206,171

• 16 · Occupancy

  total $2,770,190 · program services $2,708,494 · management and general $61,696

• 22 · Depreciation, depletion and amortization

  total $1,463,492 · program services $1,445,872 · management and general $17,620

• 23 · Insurance

  total $541,001 · management and general $541,001

• 24a · Other expenses: FOOD SERVICE

  total $3,043,364 · program services $3,043,364

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $2,677,320 · program services $2,677,320

• 24c · Other expenses: STUDENT SERVICES

  total $2,343,837 · program services $2,343,837

• 24d · Other expenses: SUPPLIES AND MATERIALS

  total $837,841 · program services $826,833 · management and general $11,008

• 24e · All other expenses

  total $1,849,262 · program services $1,770,025 · management and general $79,237

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,243,568 · end of year $1,798,959

• 2 · Savings and temporary cash investments

  beginning of year $16,161,475 · end of year $23,161,979

• 3 · Pledges and grants receivable

  beginning of year $2,716,767 · end of year $1,712,850

• 4 · Accounts receivable

  beginning of year $355,457 · end of year $504,857

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,019,247 · end of year $1,081,582

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

  $18,624,764

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

  $10,059,820

• 10c · Land, buildings and equipment, net

  beginning of year $8,134,805 · end of year $8,564,944

• 15 · Other assets

  beginning of year $54,098,691 · end of year $52,999,241

• 17 · Accounts payable and accrued expenses

  beginning of year $1,388,336 · end of year $1,880,390

• 25 · Other liabilities

  beginning of year $48,388,598 · end of year $47,320,736

• 27 · Net assets without donor restrictions

  beginning of year $37,953,076 · end of year $38,856,396

• 28 · Net assets with donor restrictions

  end of year $1,766,890

The filer's explanations (Part III)

PART I, LINE 7

ALL EMPLOYEES OF ROCHESTER PREPARATORY CHARTER SCHOOLS, INCLUDING KEY EMPLOYEES AND OFFICERS ARE ELIGIBLE FOR RETENTION AND HOLIDAY BONUS AS PER THE SCHOOL POLICIES.

Disregarded entities

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

• NORTHMARK LLC

  HOLDING TITLE TO REAL PROPERTY · DE · income $85,850 · assets $3,851,851

  Directly controlled by ROCHESTER PREP CHARTER SCHOOLS