Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $81,450

• 1f · All other contributions, gifts and grants

  $2,300,696

• 1g · Noncash contributions included above

  $334,922

• 2a · Program service revenue: TUITION AND FEES

  total $19,796,024 · related or exempt $19,796,024

• 2b · Program service revenue: AUXILIARY ENTERPRISES

  total $1,584,919 · related or exempt $1,584,919

• 2c · Program service revenue: EXTENDED CARE AND ACTIVITY FEES

  total $515,280 · related or exempt $515,280

• 2f · All other program service revenue

  total $104,485 · related or exempt $104,485

• 3 · Investment income

  total $902,149 · excluded $902,149

• 7a · Gross sales of assets other than inventory

  securities $231,675 · other assets $229,782

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

  securities $0 · other assets $370,500

• 7c · Gain or loss

  securities $231,675 · other assets -$140,718

• 7d · Net gain or loss

  total $90,957 · excluded $90,957

• 8a · Fundraising events: gross income

  $330,812

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

  $81,450

• 8b · Fundraising events: direct expenses

  $159,132

• 8c · Net income from fundraising events

  total $171,680 · excluded $171,680

• 11a · Other revenue: INSURANCE CLAIM PROCEEDS

  total $165,177 · related or exempt $165,177

• 11e · Other revenue, total

  $165,177

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,012,955 · program services $2,012,955

• 5 · Compensation of officers, directors and key employees

  total $1,447,322 · program services $1,283,080 · management and general $164,242

• 7 · Other salaries and wages

  total $8,705,646 · program services $7,717,729 · management and general $987,917

• 8 · Pension plan contributions

  total $423,458 · program services $372,101 · management and general $51,357

• 9 · Other employee benefits

  total $1,818,522 · program services $1,597,972 · management and general $220,550

• 10 · Payroll taxes

  total $718,357 · program services $631,235 · management and general $87,122

• 11a · Fees: management

  total $82,506 · program services $74,626 · management and general $7,880

• 20 · Interest

  total $232,869 · management and general $232,869

• 22 · Depreciation, depletion and amortization

  total $2,259,757 · program services $2,010,054 · management and general $249,703

• 23 · Insurance

  total $327,005 · program services $290,871 · management and general $36,134

• 24a · Other expenses: OPERATIONAL SUPPLIES

  total $1,743,431 · program services $1,600,017 · management and general $143,414

• 24b · Other expenses: REPAIRS, MAINTENANCE, S

  total $1,034,039 · program services $919,778 · management and general $114,261

• 24c · Other expenses: UTILITIES

  total $587,284 · program services $522,389 · management and general $64,895

• 24d · Other expenses: INSTRUCTIONAL SUPPLIES

  total $569,190 · program services $569,190

• 24e · All other expenses

  total $775,260 · program services $685,094 · management and general $90,166

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,662,237 · end of year $4,473,978

• 3 · Pledges and grants receivable

  beginning of year $1,341,222 · end of year $1,546,142

• 4 · Accounts receivable

  beginning of year $7,717,059 · end of year $8,574,202

• 8 · Inventories for sale or use

  beginning of year $64,615 · end of year $131,832

• 9 · Prepaid expenses and deferred charges

  beginning of year $415,323 · end of year $354,202

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

  $55,121,747

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

  $24,004,743

• 10c · Land, buildings and equipment, net

  beginning of year $30,322,794 · end of year $31,117,004

• 11 · Investments: publicly traded securities

  beginning of year $21,422,062 · end of year $24,750,103

• 15 · Other assets

  beginning of year $724,512 · end of year $427,207

• 17 · Accounts payable and accrued expenses

  beginning of year $3,255,680 · end of year $3,157,411

• 19 · Deferred revenue

  beginning of year $16,856,149 · end of year $17,930,709

• 20 · Tax-exempt bond liabilities

  beginning of year $9,696,057 · end of year $9,100,607

• 25 · Other liabilities

  beginning of year $634,699 · end of year $506,331

• 27 · Net assets without donor restrictions

  beginning of year $31,929,440 · end of year $35,280,403

• 28 · Net assets with donor restrictions

  beginning of year $5,297,799 · end of year $5,399,209

The filer's explanations (Part III)

PART I, LINE 4B

THE CURRENT HEAD OF SCHOOL ANDREW NORTH PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN.