Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $10,678,250

• 1g · Noncash contributions included above

  $163,652

• 2a · Program service revenue: TUITION & FEES

  total $14,616,823 · related or exempt $14,616,823

• 2b · Program service revenue: ATHLETICS/CAMPS

  total $181,073 · excluded $181,073

• 2c · Program service revenue: AUXILIARY/INSTRUCTIONS REVENUE

  total $168,691 · excluded $168,691

• 2d · Program service revenue: CAFETERIA

  total $48,965 · excluded $48,965

• 3 · Investment income

  total $475,854 · excluded $475,854

• 6a · Gross rents

  real property $43,024

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $43,024

• 6d · Net rental income or loss

  total $43,024 · related or exempt $43,024

• 7a · Gross sales of assets other than inventory

  securities $6,996,837

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

  securities $6,266,859

• 7c · Gain or loss

  securities $729,978

• 7d · Net gain or loss

  total $729,978 · excluded $729,978

• 10a · Gross sales of inventory

  $134,813

• 10b · Cost of goods sold

  $217,266

• 10c · Net income from sales of inventory

  total -$82,453 · related or exempt -$82,453

• 11a · Other revenue: VENDING MACHINE

  total $7,791 · related or exempt $7,791

• 11e · Other revenue, total

  $7,791

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,488,932 · program services $2,488,932

• 5 · Compensation of officers, directors and key employees

  total $767,047 · program services $76,937 · management and general $581,253 · fundraising $108,857

• 7 · Other salaries and wages

  total $9,348,335 · program services $6,098,607 · management and general $2,595,460 · fundraising $654,268

• 8 · Pension plan contributions

  total $421,130 · program services $421,130

• 9 · Other employee benefits

  total $1,428,206 · program services $1,428,206

• 10 · Payroll taxes

  total $726,087 · program services $544,565 · management and general $181,522

• 11b · Fees: legal

  total $394,641 · program services $110,978 · management and general $283,663

• 11c · Fees: accounting

  total $48,141 · management and general $48,141

• 11f · Fees: investment management

  total $74,475 · management and general $74,475

• 13 · Office expenses

  total $1,481,435 · program services $848,420 · management and general $296,763 · fundraising $336,252

• 14 · Information technology

  total $165,231 · program services $165,231

• 16 · Occupancy

  total $565,147 · program services $471,099 · management and general $94,048

• 20 · Interest

  total $148,378 · program services $148,378

• 22 · Depreciation, depletion and amortization

  total $1,749,034 · program services $1,574,131 · management and general $174,903

• 23 · Insurance

  total $212,842 · program services $159,631 · management and general $53,211

• 24a · Other expenses: AUXILIARY EXPENSE

  total $653,603 · program services $653,603

• 24b · Other expenses: INSTRUCTION & STUDENT A

  total $440,600 · program services $334,977 · management and general $105,623

• 24c · Other expenses: MISCELLANEOUS

  total $107,579 · management and general $107,579

• 24d · Other expenses: BOND COSTS

  total $12,630 · program services $12,630

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,046,701 · end of year $2,592,743

• 2 · Savings and temporary cash investments

  beginning of year $4,414,116 · end of year $8,061,548

• 3 · Pledges and grants receivable

  beginning of year $312,155 · end of year $4,615,916

• 4 · Accounts receivable

  beginning of year $5,537,485 · end of year $5,886,016

• 8 · Inventories for sale or use

  beginning of year $227,518 · end of year $228,287

• 9 · Prepaid expenses and deferred charges

  beginning of year $32,614 · end of year $24,440

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

  $53,960,024

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

  $34,297,268

• 10c · Land, buildings and equipment, net

  beginning of year $20,188,889 · end of year $19,662,756

• 11 · Investments: publicly traded securities

  beginning of year $25,587,794 · end of year $22,713,494

• 12 · Investments: other securities

  beginning of year $11,706,053 · end of year $13,650,473

• 15 · Other assets

  beginning of year $102,123 · end of year $99,363

• 17 · Accounts payable and accrued expenses

  beginning of year $148,118 · end of year $6,853

• 19 · Deferred revenue

  beginning of year $12,450,049 · end of year $12,713,714

• 20 · Tax-exempt bond liabilities

  beginning of year $7,368,174 · end of year $6,700,804

• 25 · Other liabilities

  beginning of year $208,044 · end of year $245,185

• 27 · Net assets without donor restrictions

  beginning of year $40,633,029 · end of year $40,587,865

• 28 · Net assets with donor restrictions

  beginning of year $9,348,034 · end of year $17,280,615

The filer's explanations (Part III)

SCHEDULE J, LINE 1A

TYPE OF BENEFIT: HOUSING ALLOWANCE IS PROVIDED TO THE HEADMASTER. THIS BENEFIT IS FOR THE SCHOOLS CONVENIENCE AND IS NOT INCLUDED IN THE HEADMASTER'S TAXABLE COMPENSATION SOCIAL CLUB DUES ARE PROVIDED TO THE HEADMASTER. THIS BENEFIT IS FOR THE SCHOOLS CONVENIENCE AND IS NOT INCLUDED IN THE HEADMASTER'S TAXABLE COMPENSATION.