Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $335,338

• 1e · Government grants (contributions)

  $383,613

• 1f · All other contributions, gifts and grants

  $2,887,348

• 1g · Noncash contributions included above

  $162,727

• 2a · Program service revenue: TUITION

  total $17,385,329 · related or exempt $17,385,329

• 2b · Program service revenue: AUXILLARY SERVICES

  total $1,905,948 · related or exempt $1,905,948

• 2c · Program service revenue: LIBRARY REVENUE

  total $3,184 · related or exempt $3,184

• 3 · Investment income

  total $1,511,338 · excluded $1,511,338

• 6a · Gross rents

  real property $212,840

• 6b · Less rental expenses

  real property $133,784

• 6c · Rental income or loss

  real property $79,056

• 6d · Net rental income or loss

  total $79,056 · excluded $79,056

• 7a · Gross sales of assets other than inventory

  securities $6,988,355

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

  securities $6,987,453

• 7c · Gain or loss

  securities $902

• 7d · Net gain or loss

  total $902 · excluded $902

• 8a · Fundraising events: gross income

  $133,072

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

  $335,338

• 8b · Fundraising events: direct expenses

  $142,311

• 8c · Net income from fundraising events

  total -$9,239 · excluded -$9,239

• 11a · Other revenue: MISC INCOME

  total $69,964 · excluded $69,964

• 11e · Other revenue, total

  $69,964

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,068,131 · program services $3,068,131

• 5 · Compensation of officers, directors and key employees

  total $2,394,499 · program services $1,477,969 · management and general $583,499 · fundraising $333,031

• 7 · Other salaries and wages

  total $11,052,216 · program services $8,333,761 · management and general $2,382,883 · fundraising $335,572

• 8 · Pension plan contributions

  total $556,824 · program services $430,094 · management and general $114,717 · fundraising $12,013

• 9 · Other employee benefits

  total $1,107,226 · program services $820,218 · management and general $241,475 · fundraising $45,533

• 10 · Payroll taxes

  total $945,561 · program services $694,042 · management and general $206,132 · fundraising $45,387

• 11b · Fees: legal

  total $145,068 · management and general $145,068

• 11c · Fees: accounting

  total $109,567 · management and general $109,567

• 11g · Fees: other

  total $36,679 · program services $36,679

• 12 · Advertising and promotion

  total $158,932 · fundraising $158,932

• 13 · Office expenses

  total $1,233,923 · program services $1,140,585 · management and general $93,010 · fundraising $328

• 14 · Information technology

  total $620,534 · program services $620,534

• 16 · Occupancy

  total $1,320,237 · program services $1,281,216 · management and general $12,649 · fundraising $26,372

• 20 · Interest

  total $258,263 · program services $251,331 · management and general $5,474 · fundraising $1,458

• 22 · Depreciation, depletion and amortization

  total $1,695,621 · program services $1,650,116 · management and general $35,158 · fundraising $10,347

• 23 · Insurance

  total $165,036 · program services $160,607 · management and general $3,497 · fundraising $932

• 24a · Other expenses: SERVICE LEARNING

  total $1,363,599 · program services $1,363,599

• 24b · Other expenses: EMPLOYEE FOOD & ENTERTA

  total $828,723 · program services $828,723

• 24c · Other expenses: SUPPLIES & MATERIALS

  total $339,580 · program services $339,580

• 24d · Other expenses: PROFESSIONAL DEVELOPMEN

  total $266,009 · program services $266,009

• 24e · All other expenses

  total $10,623 · management and general $10,623

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,010,602 · end of year $4,653,375

• 2 · Savings and temporary cash investments

  beginning of year $289,537 · end of year $247,323

• 3 · Pledges and grants receivable

  beginning of year $1,756,401 · end of year $1,549,464

• 4 · Accounts receivable

  beginning of year $10,637,288 · end of year $12,112,358

• 9 · Prepaid expenses and deferred charges

  beginning of year $129,479 · end of year $233,119

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

  $45,006,923

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

  $12,193,097

• 10c · Land, buildings and equipment, net

  beginning of year $32,940,997 · end of year $32,813,826

• 11 · Investments: publicly traded securities

  beginning of year $46,274,716 · end of year $44,320,704

• 12 · Investments: other securities

  beginning of year $93,780 · end of year $153,119

• 17 · Accounts payable and accrued expenses

  beginning of year $1,748,192 · end of year $2,032,135

• 19 · Deferred revenue

  beginning of year $14,654,236 · end of year $16,140,588

• 20 · Tax-exempt bond liabilities

  beginning of year $11,186,962 · end of year $7,135,070

• 27 · Net assets without donor restrictions

  beginning of year $35,312,474 · end of year $36,109,969

• 28 · Net assets with donor restrictions

  beginning of year $35,230,936 · end of year $34,665,526

The filer's explanations (Part III)

PART I, LINE 1A

SAN FRANCISCO DAY SCHOOL DOES NOT OWN A HOUSE FOR ITS HEAD OF SCHOOL, THUS RACHEAL ADRIKO RECEIVED A HOUSING ALLOWANCE AS PART OF THEIR COMPENSATION. IN CALENDAR YEAR 2023, THEIR HOUSING ALLOWANCE WAS $183,600.

PART I, LINE 4A

DURING THE 2023 CALENDAR YEAR, HEAD OF SCHOOL DR. MICHAEL WALKER AND HEAD OF UPPER SCHOOL KRISTINA KRZYWONOS RECEIVED SEVERANCE PAYMENTS OF $209,582 AND $45,610 RESPECTIVELY.

Disregarded entities

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

• SIMON PROPS LLC

  REAL ESTATE HOLDING · CA · income $202,890 · assets $6,181,507

  Directly controlled by SAN FRANCISCO DAY SCHOOL