Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $134,451

• 1e · Government grants (contributions)

  $1,377,804

• 1f · All other contributions, gifts and grants

  $2,510,287

• 1g · Noncash contributions included above

  $38,518

• 2a · Program service revenue: Tuition fees

  total $11,641,845 · related or exempt $11,641,845

• 2b · Program service revenue: Daycare program

  total $707,417 · related or exempt $707,417

• 2c · Program service revenue: Fees

  total $27,100 · related or exempt $27,100

• 3 · Investment income

  total $230,314 · excluded $230,314

• 8a · Fundraising events: gross income

  $61,685

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

  $134,451

• 8b · Fundraising events: direct expenses

  $61,685

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: Miscellaneous income

  total $43,492 · excluded $43,492

• 11e · Other revenue, total

  $43,492

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $487,066 · program services $243,534 · management and general $219,179 · fundraising $24,353

• 7 · Other salaries and wages

  total $7,392,812 · program services $4,615,427 · management and general $2,536,077 · fundraising $241,308

• 8 · Pension plan contributions

  total $279,772 · program services $174,588 · management and general $96,040 · fundraising $9,144

• 9 · Other employee benefits

  total $865,826 · program services $536,516 · management and general $300,480 · fundraising $28,830

• 10 · Payroll taxes

  total $600,247 · program services $370,473 · management and general $209,582 · fundraising $20,192

• 11b · Fees: legal

  total $84,028 · management and general $84,028

• 11c · Fees: accounting

  total $18,251 · program services $10,012 · management and general $7,684 · fundraising $555

• 11f · Fees: investment management

  total $936 · management and general $936

• 11g · Fees: other

  total $251,947 · program services $251,947

• 13 · Office expenses

  total $31,509 · program services $18,852 · management and general $12,657

• 14 · Information technology

  total $30,625 · program services $19,403 · management and general $11,222

• 16 · Occupancy

  total $934,642 · program services $512,745 · management and general $393,484 · fundraising $28,413

• 20 · Interest

  total $198,856 · program services $198,856

• 22 · Depreciation, depletion and amortization

  total $379,741 · program services $208,326 · management and general $159,871 · fundraising $11,544

• 23 · Insurance

  total $185,391 · program services $185,391

• 24a · Other expenses: Field studies

  total $349,763 · program services $349,763

• 24b · Other expenses: Class materials

  total $252,925 · program services $252,925

• 24c · Other expenses: Operations

  total $217,731 · program services $176,507 · management and general $41,224

• 24d · Other expenses: Repairs & maintenance

  total $193,382 · program services $106,089 · management and general $81,414 · fundraising $5,879

• 24e · All other expenses

  total $547,648 · program services $252,935 · management and general $158,032 · fundraising $136,681

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,795,964 · end of year $2,730,876

• 2 · Savings and temporary cash investments

  beginning of year $7,822,650 · end of year $8,728,690

• 3 · Pledges and grants receivable

  beginning of year $1,808,648 · end of year $2,774,766

• 4 · Accounts receivable

  beginning of year $6,966,300 · end of year $221,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,130 · end of year $21,114

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

  $14,561,357

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

  $4,196,798

• 10c · Land, buildings and equipment, net

  beginning of year $9,961,940 · end of year $10,364,559

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $1,083,858

• 12 · Investments: other securities

  beginning of year $185,156 · end of year $197,461

• 15 · Other assets

  beginning of year $76,577 · end of year $5,097,790

• 17 · Accounts payable and accrued expenses

  beginning of year $857,877 · end of year $1,058,970

• 19 · Deferred revenue

  beginning of year $11,604,139 · end of year $5,408,070

• 23 · Secured mortgages and notes payable

  beginning of year $6,151,907 · end of year $6,086,552

• 25 · Other liabilities

  beginning of year $0 · end of year $5,256,355

• 27 · Net assets without donor restrictions

  beginning of year $9,005,017 · end of year $11,193,801

• 28 · Net assets with donor restrictions

  beginning of year $1,010,425 · end of year $2,216,866

The filer's explanations (Part III)

Part I, Line 1a

Based on the employment contract, the organization provided a furnished house for the Interim Head of School.