Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,610,167

• 1f · All other contributions, gifts and grants

  $13,067

• 2a · Program service revenue: DISTRICT SUBSIDIES

  total $8,798,860 · related or exempt $8,798,860

• 2b · Program service revenue: E-RATE

  total $97,930 · related or exempt $97,930

• 2c · Program service revenue: REFUND OF PRIOR EXPENDITURES

  total $45,525 · related or exempt $45,525

• 2d · Program service revenue: STUDENT ACTIVITIES

  total $2,744 · related or exempt $2,744

• 3 · Investment income

  total $121,862 · excluded $121,862

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $3,948 · excluded $3,948

• 11e · Other revenue, total

  $3,948

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $205,771 · program services $137,188 · management and general $68,583

• 7 · Other salaries and wages

  total $3,489,826 · program services $3,154,709 · management and general $335,117

• 8 · Pension plan contributions

  total -$127,937 · program services -$141,349 · management and general $13,412

• 9 · Other employee benefits

  total $410,404 · program services $376,623 · management and general $33,781

• 10 · Payroll taxes

  total $275,639 · program services $245,734 · management and general $29,905

• 11a · Fees: management

  total $934,151 · management and general $934,151

• 11b · Fees: legal

  total $4,603 · management and general $4,603

• 11g · Fees: other

  total $1,414,186 · program services $1,383,707 · management and general $30,479

• 12 · Advertising and promotion

  total $21,215 · management and general $21,215

• 13 · Office expenses

  total $172,691 · program services $140,888 · management and general $31,803

• 14 · Information technology

  total $423,335 · program services $413,966 · management and general $9,369

• 16 · Occupancy

  total $614,439 · program services $614,439

• 17 · Travel

  total $326,466 · program services $326,216 · management and general $250

• 19 · Conferences, conventions and meetings

  total $4,750 · program services $4,750

• 20 · Interest

  total $2,781 · management and general $2,781

• 22 · Depreciation, depletion and amortization

  total $129,359 · program services $129,359

• 23 · Insurance

  total $79,707 · management and general $79,707

• 24a · Other expenses: SPECIAL EDUCATION

  total $512,323 · program services $512,323

• 24b · Other expenses: BOOKS

  total $105,777 · program services $105,777

• 24c · Other expenses: DUES

  total $31,983 · management and general $31,983

• 24d · Other expenses: MEALS AND REFRESHMENTS

  total $23,609 · program services $10,000 · management and general $13,609

• 24e · All other expenses

  total $36,966 · program services $36,966

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,832 · end of year $9,115

• 2 · Savings and temporary cash investments

  beginning of year $4,565,672 · end of year $3,366,506

• 3 · Pledges and grants receivable

  beginning of year $136,482 · end of year $186,743

• 4 · Accounts receivable

  beginning of year $91,076 · end of year $58,278

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,180 · end of year $25,560

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

  $1,944,262

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

  $871,747

• 10c · Land, buildings and equipment, net

  beginning of year $620,399 · end of year $1,072,515

• 11 · Investments: publicly traded securities

  end of year $3,257,646

• 15 · Other assets

  beginning of year $81,000 · end of year $204,000

• 17 · Accounts payable and accrued expenses

  beginning of year $1,359,496 · end of year $1,860,571

• 19 · Deferred revenue

  beginning of year $216,965

• 25 · Other liabilities

  beginning of year $996,561 · end of year $785,364

• 27 · Net assets without donor restrictions

  beginning of year $2,941,619 · end of year $5,534,428

The filer's explanations (Part III)

PART I, LINE 7

END OF YEAR COMPENSATION DECISIONS ARE MADE BASED ON MASTERY'S PERFORMANCE EVALUATION FRAMEWORK FOR SCHOOL LEADERS (PRINCIPALS).