Totals
- Total revenue
- $4,351,108
- Total expenses
- $4,428,969
- Contributions and grants received
- $75,027
- Grants paid
- $900,296
- Program service revenue
- $4,167,196
- Investment income
- $31,675
- Other revenue
- $77,210
- Total assets, end of year
- $5,955,315
- Total liabilities, end of year
- $3,800,027
- Net assets or fund balances, end of year
- $2,155,288
- Program services expenses (Part IX)
- $3,399,434
- Management and general expenses
- $932,430
- Fundraising expenses
- $97,105
- Program service expenses (Part III)
- $3,399,434
Program services were 76.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$75,027
-
1g · Noncash contributions included above
$11,447
-
2a · Program service revenue: TUITION
total $3,693,010 · related or exempt $3,693,010
-
2b · Program service revenue: SUMMER CAMP
total $271,821 · related or exempt $271,821
-
2c · Program service revenue: MUSIC PROGRAM
total $70,641 · related or exempt $70,641
-
2d · Program service revenue: STUDENT FEES AND CHARG
total $58,101 · related or exempt $58,101
-
2e · Program service revenue: ANCILLARY
total $37,169 · related or exempt $37,169
-
2f · All other program service revenue
total $36,454 · related or exempt $36,454
-
3 · Investment income
total $31,675 · excluded $31,675
-
8a · Fundraising events: gross income
$19,636
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $19,636 · excluded $19,636
-
11a · Other revenue: MISCELLANEOUS
total $57,574 · related or exempt $57,574
-
11e · Other revenue, total
$57,574
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $900,296 · program services $900,296
-
7 · Other salaries and wages
total $1,901,208 · program services $1,261,518 · management and general $578,176 · fundraising $61,514
-
9 · Other employee benefits
total $238,846 · program services $158,483 · management and general $72,635 · fundraising $7,728
-
10 · Payroll taxes
total $143,178 · program services $95,004 · management and general $43,542 · fundraising $4,632
-
11b · Fees: legal
total $12,609 · management and general $12,609
-
11c · Fees: accounting
total $38,925 · management and general $38,925
-
11g · Fees: other
total $33 · management and general $33
-
12 · Advertising and promotion
total $3,373 · fundraising $3,373
-
20 · Interest
total $76,938 · program services $69,244 · management and general $7,694
-
22 · Depreciation, depletion and amortization
total $245,247 · program services $220,722 · management and general $24,525
-
23 · Insurance
total $50,594 · management and general $50,594
-
24a · Other expenses: DISCOUNTS ON TUITION
total $273,559 · program services $273,559
-
24b · Other expenses: TEACHING SUPPLIES
total $156,586 · program services $156,586
-
24c · Other expenses: SUMMER CAMP
total $70,060 · program services $70,060
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $69,774 · program services $62,797 · management and general $6,977
-
24e · All other expenses
total $247,743 · program services $131,165 · management and general $96,720 · fundraising $19,858
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $694,640 · end of year $401,902
-
2 · Savings and temporary cash investments
beginning of year $588,669 · end of year $977,526
-
4 · Accounts receivable
beginning of year $21,378 · end of year $12,042
-
9 · Prepaid expenses and deferred charges
beginning of year $41,954 · end of year $35,319
-
10a · Land, buildings and equipment: cost or other basis
$8,801,612
-
10b · Land, buildings and equipment: accumulated depreciation
$4,770,044
-
10c · Land, buildings and equipment, net
beginning of year $4,171,042 · end of year $4,031,568
-
12 · Investments: other securities
beginning of year $416,797 · end of year $467,529
-
15 · Other assets
beginning of year $0 · end of year $29,429
-
17 · Accounts payable and accrued expenses
beginning of year $185,706 · end of year $213,330
-
19 · Deferred revenue
beginning of year $1,431,071 · end of year $1,495,993
-
23 · Secured mortgages and notes payable
beginning of year $2,118,359 · end of year $2,061,275
-
25 · Other liabilities
beginning of year $0 · end of year $29,429
-
27 · Net assets without donor restrictions
beginning of year $1,625,385 · end of year $1,736,638
-
28 · Net assets with donor restrictions
beginning of year $573,959 · end of year $418,650
Mission and programs · 2023
Mission
FRIENDS SCHOOL IS AN INDEPENDENT, COEDUCATIONAL, QUAKER DAY SCHOOL.
-
TO EDUCATE STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE. WE HAVE A STRONG ACADEMIC PROGRAM, A COMMITMENT TO THE ARTS, AND A SCHOOL COMMUNITY THAT STRESSES MUTUAL RESPECT AMONG ALL ITS MEMBERS.
Expenses $3,399,434 · Grants $900,296 · Revenue $4,242,223
As filed on the 2023 return.
Listed in Part VII
-
Brian W JonesBRIAN W JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Victoria KuhnVICTORIA KUHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Hanshi DeshbandhuHANSHI DESHBANDHU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kathleen StetserKATHLEEN STETSER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mike AyarsMIKE AYARS
TEASURER AND ASSETS COMMIT
- Total calculated
- $0
- Hours/week
- 2
-
Cori McMahonCORI MCMAHON
BOARD CLERK
- Total calculated
- $0
- Hours/week
- 2
-
Sydney BurnsSYDNEY BURNS
RECORDING CLERK
- Total calculated
- $0
- Hours/week
- 2
-
Monika Williams ShealeyMONIKA WILLIAMS SHEALEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David CalamaroDAVID CALAMARO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Steve WaddingtonSTEVE WADDINGTON
TRUSTEESHIP CLERK
- Total calculated
- $0
- Hours/week
- 2
-
Alexandra BenasALEXANDRA BENAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jenel GilesJENEL GILES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Melissa McCourtMELISSA MCCOURT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Matthew BradleyMATTHEW BRADLEY
HEAD OF SCHOOL
- Total calculated
- $181,373
- From this org
- $166,666
- From related orgs
- $0
- Other
- $14,707
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,666
- Bonus
- $0
- Other
- $0
- Deferred
- $5,029
- Nontaxable benefits
- $9,678
- Filer's total
- $181,373
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520869349301307
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