Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $37,537

• 1f · All other contributions, gifts and grants

  $3,500,574

• 1g · Noncash contributions included above

  $58,679

• 2a · Program service revenue: TUITION

  total $20,890,141 · related or exempt $20,890,141

• 2b · Program service revenue: BOOKSTORE

  total $193,495 · related or exempt $193,495

• 2c · Program service revenue: SUMMER CAMPS

  total $168,015 · related or exempt $168,015

• 3 · Investment income

  total $1,384,473 · related or exempt $1,384,473

• 7a · Gross sales of assets other than inventory

  securities $17,376,508

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

  securities $17,379,309

• 7c · Gain or loss

  securities -$2,801

• 7d · Net gain or loss

  total -$2,801 · related or exempt -$2,801

• 8a · Fundraising events: gross income

  $333,747

• 8b · Fundraising events: direct expenses

  $232,447

• 8c · Net income from fundraising events

  total $101,300

• 11a · Other revenue: EXAM FEES

  total $109,884 · related or exempt $109,884

• 11b · Other revenue: STUDENT COUNCIL

  total $62,656 · related or exempt $62,656

• 11c · Other revenue: ATHLETIC GATE

  total $49,558 · related or exempt $49,558

• 11d · All other revenue

  total $167,514 · related or exempt $167,514

• 11e · Other revenue, total

  $389,612

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,019,575 · program services $4,019,575

• 5 · Compensation of officers, directors and key employees

  total $187,425 · management and general $187,425

• 7 · Other salaries and wages

  total $10,765,226 · program services $7,754,861 · management and general $2,543,803 · fundraising $466,562

• 8 · Pension plan contributions

  total $581,439 · program services $411,679 · management and general $144,992 · fundraising $24,768

• 9 · Other employee benefits

  total $1,202,551 · program services $851,448 · management and general $299,876 · fundraising $51,227

• 10 · Payroll taxes

  total $841,391 · program services $595,735 · management and general $209,814 · fundraising $35,842

• 11b · Fees: legal

  total $54,499 · management and general $54,499

• 11c · Fees: accounting

  total $22,189 · management and general $22,189

• 11f · Fees: investment management

  total $133,689 · management and general $133,689

• 11g · Fees: other

  total $129,654 · management and general $129,654

• 13 · Office expenses

  total $129,271 · management and general $129,271

• 14 · Information technology

  total $120,809 · program services $120,809

• 16 · Occupancy

  total $1,195,089 · management and general $1,195,089

• 19 · Conferences, conventions and meetings

  total $30,176 · management and general $30,176

• 22 · Depreciation, depletion and amortization

  total $927,658 · program services $927,658

• 24a · Other expenses: ATHLETICS

  total $1,282,037 · program services $1,282,037

• 24b · Other expenses: MARIST STUDENT FEE

  total $471,742 · program services $471,742

• 24c · Other expenses: MARKETING & COMMUNICATION

  total $406,107 · program services $406,107

• 24d · Other expenses: SECURITY

  total $326,717 · program services $326,717

• 24e · All other expenses

  total $1,740,565 · program services $1,443,868 · management and general $18,938 · fundraising $277,759

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $391,060 · end of year $725,756

• 2 · Savings and temporary cash investments

  beginning of year $20,880,131 · end of year $21,113,264

• 3 · Pledges and grants receivable

  beginning of year $102,000 · end of year $87,500

• 4 · Accounts receivable

  beginning of year $8,040 · end of year $8,107

• 8 · Inventories for sale or use

  beginning of year $5,000 · end of year $5,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $183,734 · end of year $296,445

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

  $31,988,844

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

  $19,265,893

• 10c · Land, buildings and equipment, net

  beginning of year $13,041,050 · end of year $12,722,951

• 11 · Investments: publicly traded securities

  beginning of year $27,176,121 · end of year $31,213,545

• 17 · Accounts payable and accrued expenses

  beginning of year $201,897 · end of year $331,552

• 19 · Deferred revenue

  beginning of year $5,034,951 · end of year $5,015,526

• 25 · Other liabilities

  beginning of year $1,129,907 · end of year $1,239,201

• 27 · Net assets without donor restrictions

  beginning of year $34,040,674 · end of year $34,562,836

• 28 · Net assets with donor restrictions

  beginning of year $21,379,707 · end of year $25,023,453

Itemized on Schedule J with no Part VII listing of the same name on this return: