Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $406,702

• 1f · All other contributions, gifts and grants

  $821,211

• 1g · Noncash contributions included above

  $391,431

• 2a · Program service revenue: TUITION

  total $14,216,430 · related or exempt $14,216,430

• 2b · Program service revenue: LAMPLIGHTER PARENT ASSOCIATION AC

  total $204,290 · related or exempt $204,290

• 2c · Program service revenue: EDUCATIONAL FEES

  total $166,769 · related or exempt $166,769

• 2d · Program service revenue: APPLICATION FEES

  total $102,814 · related or exempt $102,814

• 2f · All other program service revenue

  total $129,503 · related or exempt $129,503

• 3 · Investment income

  total $432,200 · excluded $432,200

• 7a · Gross sales of assets other than inventory

  securities $2,016,412 · other assets $2,718

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

  securities $2,000,182 · other assets $0

• 7c · Gain or loss

  securities $16,230 · other assets $2,718

• 7d · Net gain or loss

  total $18,948 · excluded $18,948

• 8a · Fundraising events: gross income

  $718,425

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

  $406,702

• 8b · Fundraising events: direct expenses

  $612,069

• 8c · Net income from fundraising events

  total $106,356 · excluded $106,356

• 10a · Gross sales of inventory

  $74,459

• 10b · Cost of goods sold

  $54,994

• 10c · Net income from sales of inventory

  total $19,465 · excluded $19,465

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $539,288 · program services $539,288

• 5 · Compensation of officers, directors and key employees

  total $940,889 · program services $503,718 · management and general $297,515 · fundraising $139,656

• 7 · Other salaries and wages

  total $7,159,021 · program services $6,128,389 · management and general $575,697 · fundraising $454,935

• 8 · Pension plan contributions

  total $407,978 · program services $349,523 · management and general $32,398 · fundraising $26,057

• 9 · Other employee benefits

  total $931,188 · program services $771,198 · management and general $93,888 · fundraising $66,102

• 10 · Payroll taxes

  total $561,684 · program services $461,342 · management and general $59,476 · fundraising $40,866

• 11b · Fees: legal

  total $13,728 · program services $11,394 · management and general $2,059 · fundraising $275

• 11c · Fees: accounting

  total $52,900 · program services $43,908 · management and general $7,934 · fundraising $1,058

• 11f · Fees: investment management

  total $40,820 · management and general $40,820

• 11g · Fees: other

  total $124,161 · program services $103,054 · management and general $18,624 · fundraising $2,483

• 12 · Advertising and promotion

  total $55,792 · program services $46,307 · management and general $8,369 · fundraising $1,116

• 13 · Office expenses

  total $248,084 · program services $205,909 · management and general $37,213 · fundraising $4,962

• 14 · Information technology

  total $519,523 · program services $431,206 · management and general $77,927 · fundraising $10,390

• 16 · Occupancy

  total $1,660,967 · program services $1,378,603 · management and general $249,145 · fundraising $33,219

• 17 · Travel

  total $8,006 · program services $6,645 · management and general $1,201 · fundraising $160

• 19 · Conferences, conventions and meetings

  total $222,567 · program services $184,731 · management and general $33,385 · fundraising $4,451

• 20 · Interest

  total $51,403 · program services $42,665 · management and general $7,710 · fundraising $1,028

• 22 · Depreciation, depletion and amortization

  total $1,533,568 · program services $1,277,982 · management and general $225,285 · fundraising $30,301

• 23 · Insurance

  total $228,373 · program services $189,551 · management and general $34,255 · fundraising $4,567

• 24a · Other expenses: ACADEMIC PROGRAM EXPENS

  total $425,136 · program services $425,136

• 24b · Other expenses: SPECIAL EVENTS

  total $242,115 · program services $200,957 · management and general $36,316 · fundraising $4,842

• 24c · Other expenses: EDUCATIONAL CAMPS

  total $116,742 · program services $116,742

• 24d · Other expenses: CARNIVAL

  total $91,512 · program services $75,955 · management and general $13,727 · fundraising $1,830

• 24e · All other expenses

  total $409,410 · program services $346,000 · management and general $55,243 · fundraising $8,167

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,651,679 · end of year $1,854,190

• 2 · Savings and temporary cash investments

  beginning of year $3,134,123 · end of year $4,025,993

• 3 · Pledges and grants receivable

  beginning of year $2,372,334 · end of year $1,076,679

• 4 · Accounts receivable

  beginning of year $119,521 · end of year $158,650

• 9 · Prepaid expenses and deferred charges

  beginning of year $220,344 · end of year $249,819

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

  $54,441,351

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

  $14,601,938

• 10c · Land, buildings and equipment, net

  beginning of year $41,144,682 · end of year $39,839,413

• 11 · Investments: publicly traded securities

  beginning of year $18,571,982 · end of year $20,380,680

• 15 · Other assets

  beginning of year $462,985 · end of year $279,032

• 17 · Accounts payable and accrued expenses

  beginning of year $1,835,407 · end of year $2,181,350

• 19 · Deferred revenue

  beginning of year $2,122,782 · end of year $2,001,680

• 23 · Secured mortgages and notes payable

  beginning of year $2,191,132 · end of year $333,378

• 25 · Other liabilities

  beginning of year $156,112 · end of year $139,222

• 27 · Net assets without donor restrictions

  beginning of year $42,030,490 · end of year $42,433,923

• 28 · Net assets with donor restrictions

  beginning of year $19,341,727 · end of year $20,774,903

The filer's explanations (Part III)

PART I, LINE 4B

457/F PLAN EFFECTIVE 6/18/2018