Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $90,000

• 1e · Government grants (contributions)

  $14,582

• 1f · All other contributions, gifts and grants

  $3,435,268

• 1g · Noncash contributions included above

  $215,462

• 2a · Program service revenue: TUITION REVENUE

  total $18,678,410 · related or exempt $18,678,410

• 2b · Program service revenue: SUMMER PROGRAMS

  total $282,673 · related or exempt $282,673

• 2c · Program service revenue: EXTENDED DAY AND AFTER SCHOOL

  total $258,590 · related or exempt $258,590

• 2d · Program service revenue: OTHER STUDENT FEES

  total $233,322 · related or exempt $233,322

• 2e · Program service revenue: INSTRUCTIONAL FEES

  total $226,270 · related or exempt $226,270

• 3 · Investment income

  total $547,277 · excluded $547,277

• 6a · Gross rents

  real property $29,743

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $29,743

• 6d · Net rental income or loss

  total $29,743 · excluded $29,743

• 7a · Gross sales of assets other than inventory

  securities $7,071,358

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

  securities $7,072,223 · other assets $196,576

• 7c · Gain or loss

  securities -$865 · other assets -$196,576

• 7d · Net gain or loss

  total -$197,441 · excluded -$197,441

• 10a · Gross sales of inventory

  $45,214

• 10b · Cost of goods sold

  $42,480

• 10c · Net income from sales of inventory

  total $2,734 · excluded $2,734

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $5,022,703 · program services $5,022,703

• 5 · Compensation of officers, directors and key employees

  total $437,886 · program services $109,472 · management and general $218,942 · fundraising $109,472

• 7 · Other salaries and wages

  total $8,838,521 · program services $6,312,724 · management and general $2,301,221 · fundraising $224,576

• 8 · Pension plan contributions

  total $197,372 · program services $129,823 · management and general $60,783 · fundraising $6,766

• 9 · Other employee benefits

  total $2,766,687 · program services $2,014,451 · management and general $672,218 · fundraising $80,018

• 10 · Payroll taxes

  total $668,336 · program services $438,550 · management and general $210,000 · fundraising $19,786

• 11b · Fees: legal

  total $1,934 · management and general $1,934

• 11c · Fees: accounting

  total $39,925 · management and general $39,925

• 11f · Fees: investment management

  total $37,976 · management and general $37,976

• 12 · Advertising and promotion

  total $82,354 · management and general $82,354

• 13 · Office expenses

  total $82,743 · management and general $82,743

• 14 · Information technology

  total $250,341 · program services $217,596 · management and general $32,745

• 16 · Occupancy

  total $1,050,947 · program services $913,483 · management and general $137,464

• 17 · Travel

  total $120,228 · program services $105,384 · management and general $14,844

• 20 · Interest

  total $53,421 · program services $46,434 · management and general $6,987

• 22 · Depreciation, depletion and amortization

  total $1,067,429 · program services $927,809 · management and general $139,620

• 23 · Insurance

  total $153,628 · program services $133,533 · management and general $20,095

• 24a · Other expenses: INSTRUCTIONAL MATERIALS

  total $802,580 · program services $802,580

• 24b · Other expenses: ATHLETICS AND PHYSICAL

  total $177,577 · program services $177,577

• 24c · Other expenses: COMMUNICATIONS, RELATIO

  total $170,267 · management and general $131,061 · fundraising $39,206

• 24d · Other expenses: DINING HALL

  total $84,558 · program services $84,558

• 24e · All other expenses

  total $293,492 · program services $118,692 · management and general $174,800

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $932,060 · end of year $1,048,923

• 2 · Savings and temporary cash investments

  beginning of year $901 · end of year $308,001

• 3 · Pledges and grants receivable

  beginning of year $624,197 · end of year $866,246

• 4 · Accounts receivable

  beginning of year $60,076 · end of year $64,710

• 8 · Inventories for sale or use

  beginning of year $5,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $56,543 · end of year $30,358

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

  $36,080,129

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

  $18,138,465

• 10c · Land, buildings and equipment, net

  beginning of year $17,725,602 · end of year $17,941,664

• 11 · Investments: publicly traded securities

  beginning of year $15,566,334 · end of year $17,006,406

• 15 · Other assets

  beginning of year $18,231 · end of year $97,857

• 17 · Accounts payable and accrued expenses

  beginning of year $1,204,376 · end of year $1,128,573

• 19 · Deferred revenue

  beginning of year $1,565,910 · end of year $1,625,153

• 23 · Secured mortgages and notes payable

  beginning of year $1,287,654 · end of year $1,234,437

• 25 · Other liabilities

  beginning of year $35,727 · end of year $115,459

• 27 · Net assets without donor restrictions

  beginning of year $22,783,157 · end of year $22,934,142

• 28 · Net assets with donor restrictions

  beginning of year $8,112,120 · end of year $10,326,401

The filer's explanations (Part III)

PART I, LINE 4B

THE HEAD OF SCHOOL PARTICIPATES IN A 457B NONQUALIFIED DEFERRED COMPENSATION PLAN ACCRUING BENEFITS OF $23,000 DURING THE YEAR ENDED JUNE 30, 2025.