Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $811,383

• 1e · Government grants (contributions)

  $25,011

• 1f · All other contributions, gifts and grants

  $11,130,911

• 1g · Noncash contributions included above

  $60,363

• 2a · Program service revenue: TUITION

  total $8,716,918 · related or exempt $8,716,918

• 2b · Program service revenue: AUXILLARY SERVICES

  total $168,610 · related or exempt $168,610

• 3 · Investment income

  total $474,603 · excluded $474,603

• 6a · Gross rents

  real property $41,140

• 6b · Less rental expenses

  real property $9,559

• 6c · Rental income or loss

  real property $31,581

• 6d · Net rental income or loss

  total $31,581 · excluded $31,581

• 8a · Fundraising events: gross income

  $7,600

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

  $811,383

• 8b · Fundraising events: direct expenses

  $282,854

• 8c · Net income from fundraising events

  total -$275,254 · excluded -$275,254

• 11a · Other revenue: OTHER REVENUE

  total $13,775 · excluded $13,775

• 11e · Other revenue, total

  $13,775

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,985,007 · program services $4,985,007

• 5 · Compensation of officers, directors and key employees

  total $1,560,600 · program services $380,965 · management and general $992,012 · fundraising $187,623

• 7 · Other salaries and wages

  total $7,145,221 · program services $5,945,944 · management and general $1,199,277

• 8 · Pension plan contributions

  total $253,091 · program services $183,855 · management and general $64,569 · fundraising $4,667

• 9 · Other employee benefits

  total $806,564 · program services $670,058 · management and general $136,506

• 10 · Payroll taxes

  total $621,111 · program services $451,198 · management and general $158,459 · fundraising $11,454

• 11a · Fees: management

  total $2,785 · management and general $2,785

• 11b · Fees: legal

  total $9,135 · management and general $9,135

• 11c · Fees: accounting

  total $114,674 · management and general $114,674

• 11f · Fees: investment management

  total $17,875 · management and general $17,875

• 11g · Fees: other

  total $373,935 · program services $87,909 · management and general $286,026

• 12 · Advertising and promotion

  total $59,419 · program services $59,419

• 13 · Office expenses

  total $177,909 · program services $92,014 · management and general $85,895

• 14 · Information technology

  total $228,646 · program services $165,065 · management and general $63,581

• 16 · Occupancy

  total $532,546 · program services $468,641 · management and general $47,929 · fundraising $15,976

• 17 · Travel

  total $1,455 · program services $740 · management and general $715

• 19 · Conferences, conventions and meetings

  total $141,975 · program services $72,193 · management and general $69,782

• 22 · Depreciation, depletion and amortization

  total $2,706,183 · program services $2,381,441 · management and general $243,557 · fundraising $81,185

• 23 · Insurance

  total $212,753 · program services $187,222 · management and general $19,148 · fundraising $6,383

• 24a · Other expenses: STUDENT PROGRAMS

  total $735,262 · program services $735,262

• 24b · Other expenses: CULINARY SERVICES

  total $364,466 · program services $364,466

• 24c · Other expenses: TRANSPORTATION

  total $153,392 · program services $153,392

• 24d · Other expenses: SCHOOL EQUIPMENT

  total $45,444 · program services $45,444

• 24e · All other expenses

  total $323,587 · program services $180,509 · management and general $47,243 · fundraising $95,835

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $148,438 · end of year $374,000

• 2 · Savings and temporary cash investments

  beginning of year $349,527 · end of year $550,252

• 3 · Pledges and grants receivable

  beginning of year $157,479 · end of year $425,706

• 4 · Accounts receivable

  beginning of year $63,794 · end of year $21,233

• 5 · Loans and receivables from officers and key people

  beginning of year $26,582 · end of year $222

• 8 · Inventories for sale or use

  beginning of year $14,521 · end of year $42,530

• 9 · Prepaid expenses and deferred charges

  beginning of year $400,583 · end of year $200,646

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

  $76,645,614

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

  $11,445,663

• 10c · Land, buildings and equipment, net

  beginning of year $67,487,304 · end of year $65,199,951

• 11 · Investments: publicly traded securities

  beginning of year $6,007,838 · end of year $7,430,124

• 15 · Other assets

  end of year $41,050

• 17 · Accounts payable and accrued expenses

  beginning of year $574,869 · end of year $791,549

• 19 · Deferred revenue

  beginning of year $303,365 · end of year $216,176

• 27 · Net assets without donor restrictions

  beginning of year $64,174,968 · end of year $62,181,714

• 28 · Net assets with donor restrictions

  beginning of year $9,602,864 · end of year $11,096,275

The filer's explanations (Part III)

PART I, LINE 1A

THADEN SCHOOL REIMBURSES THE DUES TO A SOCIAL CLUB THAT THE HEAD OF SCHOOL USES TO MEET WITH VARIOUS INDIVIDUALS INCLUDING POTENTIAL EMPLOYEES, VENDORS, & DONORS. THE AMOUNTS ARE INCLUDED AS TAXABLE WAGES IN ON SCHEDULE J, PART II, COLUMN (B)(III).

PART I, LINE 7

ALL COMPENSATED EMPLOYEES RECEIVED A NON-FIXED HOLIDAY BONUS FOR THE 2023 TAX YEAR.