Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,550,344

• 1g · Noncash contributions included above

  $131,880

• 3 · Investment income

  total $783,332 · excluded $783,332

• 7a · Gross sales of assets other than inventory

  securities $7,311,552

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

  securities $7,409,398

• 7c · Gain or loss

  securities -$97,846

• 7d · Net gain or loss

  total -$97,846 · excluded -$97,846

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,220,000 · program services $1,220,000

• 11c · Fees: accounting

  total $26,100 · management and general $26,100

• 11f · Fees: investment management

  total $263,051 · management and general $263,051

• 24a · Other expenses: GENERAL & ADMIN EXP

  total $53,582 · management and general $53,582

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $27,458 · end of year $125,182

• 2 · Savings and temporary cash investments

  beginning of year $696,936 · end of year $213,028

• 3 · Pledges and grants receivable

  beginning of year $2,986,345 · end of year $4,645,969

• 4 · Accounts receivable

  end of year $92,738

• 9 · Prepaid expenses and deferred charges

  beginning of year $65,000 · end of year $0

• 12 · Investments: other securities

  beginning of year $36,220,856 · end of year $42,381,034

• 15 · Other assets

  beginning of year $1,078,723 · end of year $927,107

• 17 · Accounts payable and accrued expenses

  beginning of year $1,400 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $7,286,985 · end of year $7,885,943

• 28 · Net assets with donor restrictions

  beginning of year $33,786,933 · end of year $40,499,115

The filer's explanations (Part III)

PART I, LINE 4B

THE HEAD OF SCHOOL PARTICIPATES IN A 457(F) PLAN. $75,000 WAS CONTRIBUTED IN JANUARY 2023 BY THE SCHOOL PURSUANT TO THE HEAD OF SCHOOL'S EMPLOYMENT AGREEMENT.

SCHEDULE J, PART I, LINE 3

RELATED ORGANIZATION COMPENSATION REVIEW: THE ORGANIZATION'S TOP EXECUTIVE OFFICER IS COMPENSATED BY THE EPISCOPAL SCHOOL OF DALLAS, INC. (ESD). ANNUALLY, THE HUMAN RESOURCES AND COMPENSATION COMMITTEE FOR ESD REVIEWS WHETHER THE HEAD OF SCHOOL'S COMPENSATION IS REASONABLE AND NOT EXCESSIVE, AND IS IN ACCORDANCE WITH THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT INCLUDING THE DETERMINATION OF INCENTIVE COMPENSATION AS OUTLINED IN THE CONTRACT. THE COMPENSATION COMMITTEE THEN PRESENTS ITS FINDINGS TO THE FULL BOARD. THE BOARD MAKES THE FINAL DETERMINATION REGARDING THE HEAD OF SCHOOL'S COMPENSATION. THE ORGANIZATION'S EXECUTIVE LEADERSHIP TEAM MEMBERS (KEY EMPLOYEES) ARE COMPENSATED BY THE EPISCOPAL SCHOOL OF DALLAS, INC. (ESD). ANNUALLY, THE HUMAN RESOURCES AND COMPENSATION COMMITTEE REVIEW AND APPROVE THE COMPENSATION OF THESE TEAM MEMBERS BASED ON A RECOMMENDATION BY THE HEAD OF SCHOOL