Totals
- Total revenue
- $3,551,488
- Total expenses
- $2,372,529
- Contributions and grants received
- $2,079,211
- Grants paid
- $257,959
- Program service revenue
- $1,366,541
- Investment income
- $41,570
- Other revenue
- $64,166
- Total assets, end of year
- $2,826,314
- Total liabilities, end of year
- $165,811
- Net assets or fund balances, end of year
- $2,660,503
- Program services expenses (Part IX)
- $1,841,354
- Management and general expenses
- $322,529
- Fundraising expenses
- $208,646
- Program service expenses (Part III)
- $1,841,354
Program services were 77.6% 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.
-
1c · Fundraising events
$308,997
-
1f · All other contributions, gifts and grants
$1,770,214
-
2a · Program service revenue: INSTRUCTIONAL/TUITION
total $1,281,157 · related or exempt $1,281,157
-
2b · Program service revenue: SCHOOL ACTIVITIES
total $85,384 · related or exempt $85,384
-
3 · Investment income
total $28,470 · excluded $28,470
-
7a · Gross sales of assets other than inventory
securities $13,100
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $13,100
-
7d · Net gain or loss
total $13,100 · excluded $13,100
-
8a · Fundraising events: gross income
$144,384
-
8a · Fundraising events: contributions included on line 1c
$308,997
-
8b · Fundraising events: direct expenses
$107,728
-
8c · Net income from fundraising events
total $36,656 · excluded $36,656
-
9a · Gaming: gross income
$39,460
-
9b · Gaming: direct expenses
$11,950
-
9c · Net income from gaming
total $27,510 · excluded $27,510
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $257,959 · program services $257,959
-
5 · Compensation of officers, directors and key employees
total $132,000 · management and general $33,000 · fundraising $99,000
-
7 · Other salaries and wages
total $1,066,859 · program services $895,624 · management and general $121,128 · fundraising $50,107
-
9 · Other employee benefits
total $3,476 · program services $2,597 · management and general $447 · fundraising $432
-
10 · Payroll taxes
total $92,871 · program services $69,380 · management and general $11,940 · fundraising $11,551
-
11c · Fees: accounting
total $105,654 · management and general $105,654
-
11g · Fees: other
total $7,775 · program services $5,389 · management and general $1,543 · fundraising $843
-
12 · Advertising and promotion
total $23,167 · program services $3,845 · fundraising $19,322
-
13 · Office expenses
total $38,615 · program services $21,233 · management and general $12,682 · fundraising $4,700
-
14 · Information technology
total $9,422 · program services $9,194 · management and general $116 · fundraising $112
-
16 · Occupancy
total $403,520 · program services $361,658 · management and general $27,512 · fundraising $14,350
-
17 · Travel
total $2,510 · program services $1,875 · management and general $323 · fundraising $312
-
22 · Depreciation, depletion and amortization
total $37,292 · program services $27,860 · management and general $4,794 · fundraising $4,638
-
23 · Insurance
total $15,492 · program services $11,573 · management and general $1,992 · fundraising $1,927
-
24a · Other expenses: STUDENT ACTIVITES
total $165,045 · program services $165,045
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $5,926 · program services $4,427 · management and general $762 · fundraising $737
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $4,946 · program services $3,695 · management and general $636 · fundraising $615
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $250,168 · end of year $259,600
-
2 · Savings and temporary cash investments
beginning of year $464,034 · end of year $388,208
-
3 · Pledges and grants receivable
beginning of year $30,721 · end of year $0
-
4 · Accounts receivable
beginning of year $2,624 · end of year $1,755
-
9 · Prepaid expenses and deferred charges
beginning of year $18,941 · end of year $326,359
-
10a · Land, buildings and equipment: cost or other basis
$249,287
-
10b · Land, buildings and equipment: accumulated depreciation
$91,917
-
10c · Land, buildings and equipment, net
beginning of year $131,510 · end of year $157,370
-
11 · Investments: publicly traded securities
beginning of year $594,409 · end of year $1,693,022
-
17 · Accounts payable and accrued expenses
beginning of year $23,136 · end of year $77,261
-
19 · Deferred revenue
beginning of year $49,852 · end of year $88,550
-
27 · Net assets without donor restrictions
beginning of year $1,027,674 · end of year $1,266,035
-
28 · Net assets with donor restrictions
beginning of year $391,745 · end of year $1,394,468
Mission and programs · 2022
Mission
THE PURPOSE OF CHESTERON ACADEMY IS TO NURTURE THE MINDS AND THE SOULS OF OUR CHILDREN THROUGH AN INTEGRATED EDUCATION. WE BELIEVE THAT ALL TRUTHS ARE RELATED TO THE CENTRAL TRUTH OF THE INCARNATION, CRUCIFIXION, AND THE RESURRECTION OF JESUS CHRIST. FAITH AND REASON DO NOT CONTRADICT ONE ANOTHER, NOR ARE THEY TO BE SEGREGATED FROM ONE ANOTHER. THROUGH THE STUDY OF ART, MUSIC, LITERATURE, LANGUAGE, HISTORY, MATH, SCIENCE, PHILOSOPHY, AND RELIGION, WE WANT TO PREPARE OUR CHIDREN TO THINK BOTH RATIONALLY AND CREATIVELY, TO DEFEND THEIR FAITH, TO CONTRIBUTE POSITIVELY TO SOCIETY AND TO PROMOTE A CULTURE OF LIFE.
Activities or mission (Part I)
PRO-FAMILY CATHOLIC HIGH SCHOOL OFFERING AN INTEGRATED COLLEGE PREPARATORY CLASSICAL CURRICULUM.
-
RUNNING A PRIVATE INDEPENDENT CATHOLIC HIGH SCHOOL THAT TEACHES A CLASSICAL CURRICULUM BASED ON THE CATHOLIC FAITH. THERE ARE 140 STUDENTS IN GRADES 9-12.
Expenses $1,841,354 · Grants $257,959 · Revenue $1,366,541
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jay WardJAY WARD
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dale AhlquistDALE AHLQUIST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katherine KerstenKATHERINE KERSTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nathan MetzingerNATHAN METZINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Casey ScottCASEY SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom SchulzetenbergTOM SCHULZETENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt SaxeMATT SAXE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff CampbellJEFF CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher OlleyCHRISTOPHER OLLEY
HEADMASTER
- Total calculated
- $106,820
- From this org
- $106,820
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400809349300010
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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