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Nonprofiteer
← MACLAY SCHOOL FOUNDATION INC

Form 990 for tax year 2024

Filed by MACLAY SCHOOL FOUNDATION INC.

Totals

Total revenue
$448,592
Total expenses
$380,215
Contributions and grants received
$0
Grants paid
$329,317
Program service revenue
$0
Investment income
$448,592
Other revenue
$0
Total assets, end of year
$13,605,347
Total liabilities, end of year
$3,122,247
Net assets or fund balances, end of year
$10,483,100
Program services expenses (Part IX)
$380,215
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$380,215

Program services were 100.0% 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.

  • 3 · Investment income

    total $286,808 · excluded $286,808

  • 7a · Gross sales of assets other than inventory

    securities $161,784

  • 7c · Gain or loss

    securities $161,784

  • 7d · Net gain or loss

    total $161,784 · related or exempt $161,784

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $329,317 · program services $329,317

  • 11f · Fees: investment management

    total $50,898 · program services $50,898

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year -$1

  • 2 · Savings and temporary cash investments

    beginning of year $2,398,992 · end of year $313,574

  • 12 · Investments: other securities

    beginning of year $10,738,359 · end of year $13,229,884

  • 15 · Other assets

    beginning of year $61,889 · end of year $61,889

  • 25 · Other liabilities

    beginning of year $3,122,247 · end of year $3,122,247

  • 27 · Net assets without donor restrictions

    beginning of year $3,470,945 · end of year $3,877,053

  • 28 · Net assets with donor restrictions

    beginning of year $6,606,047 · end of year $6,606,047

Mission and programs · 2024

Mission

TO PROVIDE SUPPORT FOR ALFRED B. MACLAY, JR. DAY SCHOOL, INC.

  • TO PROVIDE SUPPORT FOR ALFRED B. MACLAY, JR. DAY SCHOOL, INC.

    Expenses $380,215 · Grants $329,317

As filed on the 2024 return.

Listed in Part VII

  • James Milford

    HEADMASTER

    Total calculated
    $430,998
    From this org
    $0
    From related orgs
    $398,353
    Other
    $32,645
    Hours/week
    0.5 + 60 related

    Schedule J breakdown matched by us

    Base
    not reported + $352,235 related
    Bonus
    not reported
    Other
    not reported + $46,118 related
    Deferred
    not reported + $32,645 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $430,998 related

  • Jay Malone

    CFO

    Total calculated
    $285,743
    From this org
    $0
    From related orgs
    $285,743
    Other
    $0
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $271,015 related
    Bonus
    not reported
    Other
    not reported + $14,728 related
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $285,743 related

  • Katherine Baggett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Junious Brown

    ADVANCEMENT

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Brad Burleson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Bonnie Davenport

    GOVERNANCE C

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Blake Dowling

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Will Fixel

    LRP COM CHAI

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Ted Frazee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Joe Gray

    BENEFITS TAS

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • John Ho

    FINANCE COM

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Janice Lawson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Brenda Rabalais

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Mark Rosser

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Jay Smith

    FACILITIES C

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Kyle Ulrich

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Nada Usina

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • Loraine Zaidan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 June 2025
IRS schema version
2024v5.0
Source object
202621669349300797

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