Totals
- Total revenue
- $16,552,001
- Total expenses
- $16,795,851
- Contributions and grants received
- $3,169,996
- Grants paid
- $944,370
- Program service revenue
- $11,905,097
- Investment income
- $1,078,345
- Other revenue
- $398,563
- Total assets, end of year
- $64,200,964
- Total liabilities, end of year
- $9,961,085
- Net assets or fund balances, end of year
- $54,239,879
- Program services expenses (Part IX)
- $13,607,505
- Management and general expenses
- $2,382,445
- Fundraising expenses
- $805,901
- Program service expenses (Part III)
- $13,607,505
Program services were 81.0% 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.
-
1c · Fundraising events
$460,930
-
1f · All other contributions, gifts and grants
$2,709,066
-
1g · Noncash contributions included above
$464,760
-
2a · Program service revenue: TUITION/TUTORING FEES
total $11,464,151 · related or exempt $11,464,151
-
2b · Program service revenue: WORKSHOPS AND ACTIVITIES
total $440,946 · related or exempt $440,946
-
3 · Investment income
total $1,078,345 · excluded $1,078,345
-
6a · Gross rents
real property $500,139
-
6b · Less rental expenses
real property $328,512
-
6c · Rental income or loss
real property $171,627
-
6d · Net rental income or loss
total $171,627 · excluded $171,627
-
8a · Fundraising events: gross income
$723,305
-
8a · Fundraising events: contributions included on line 1c
$460,930
-
8b · Fundraising events: direct expenses
$502,249
-
8c · Net income from fundraising events
total $221,056 · excluded $221,056
-
11a · Other revenue: MISCELLANEOUS INCOME
total $5,880 · excluded $5,880
-
11e · Other revenue, total
$5,880
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $944,370 · program services $944,370
-
5 · Compensation of officers, directors and key employees
total $966,619 · program services $274,676 · management and general $553,555 · fundraising $138,388
-
7 · Other salaries and wages
total $8,247,275 · program services $7,192,240 · management and general $728,969 · fundraising $326,066
-
8 · Pension plan contributions
total $356,459 · program services $315,786 · management and general $27,489 · fundraising $13,184
-
9 · Other employee benefits
total $1,068,864 · program services $970,095 · management and general $63,602 · fundraising $35,167
-
10 · Payroll taxes
total $676,747 · program services $562,221 · management and general $82,871 · fundraising $31,655
-
11b · Fees: legal
total $187,450 · management and general $187,450
-
11c · Fees: accounting
total $89,113 · management and general $89,113
-
11g · Fees: other
total $236,805 · program services $111,484 · management and general $125,321
-
12 · Advertising and promotion
total $52,989 · management and general $52,989
-
13 · Office expenses
total $178,313 · program services $64,982 · management and general $88,195 · fundraising $25,136
-
14 · Information technology
total $169,783 · program services $152,805 · management and general $16,978
-
16 · Occupancy
total $79,760 · program services $71,784 · management and general $7,976
-
17 · Travel
total $93,343 · management and general $93,343
-
19 · Conferences, conventions and meetings
total $129,676 · program services $129,676
-
22 · Depreciation, depletion and amortization
total $887,971 · program services $799,174 · management and general $88,797
-
23 · Insurance
total $247,131 · program services $222,418 · management and general $24,713
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $625,542 · program services $562,988 · management and general $62,554
-
24b · Other expenses: AUXILIARY PROGRAMS EXPE
total $537,225 · program services $537,225
-
24c · Other expenses: PROGRAM ACTIVITIES
total $457,993 · program services $457,993
-
24d · Other expenses: CLASSROOM SUPPLIES
total $226,234 · program services $226,234
-
24e · All other expenses
total $336,189 · program services $11,354 · management and general $88,530 · fundraising $236,305
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $544,892 · end of year $395,449
-
2 · Savings and temporary cash investments
beginning of year $18,639,603 · end of year $18,685,581
-
4 · Accounts receivable
beginning of year $180,507 · end of year $148,683
-
9 · Prepaid expenses and deferred charges
beginning of year $402,671 · end of year $515,391
-
10a · Land, buildings and equipment: cost or other basis
$23,434,416
-
10b · Land, buildings and equipment: accumulated depreciation
$6,772,878
-
10c · Land, buildings and equipment, net
beginning of year $17,147,881 · end of year $16,661,538
-
11 · Investments: publicly traded securities
beginning of year $24,090,915 · end of year $27,794,322
-
17 · Accounts payable and accrued expenses
beginning of year $610,906 · end of year $449,234
-
19 · Deferred revenue
beginning of year $9,248,888 · end of year $9,511,851
-
27 · Net assets without donor restrictions
beginning of year $48,137,097 · end of year $51,076,771
-
28 · Net assets with donor restrictions
beginning of year $3,009,578 · end of year $3,163,108
Mission and programs · 2024
Mission
CARLTHORP SCHOOL IS AN INDEPENDENT, NONPROFIT DAY SCHOOL FOR CHILDREN IN GRADES K-6. CARLTHORP SCHOOL PROVIDES A STRONG ACADEMIC FOUNDATION IN A DIVERSE AND NURTURING SCHOOL COMMUNITY THAT EMPHASIZES TRADITIONAL VALUES, DISCIPLINED WORK HABITS, AND EXCELLENCE IN ORDER TO PREPARE OUR STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL IN EDUCATION AND LIFE.CARLTHORP SCHOOL, ESTABLISHED IN 1939, IS THE OLDEST INDEPENDENT SCHOOL IN SANTA MONICA. THOUGH THE BREADTH OF OUR CURRICULUM HAS RADICALLY EXPANDED IN THE LAST 86 YEARS, OUR BASIC PHILOSOPHY REMAINS THE SAME. WE FOCUS ON THE CHILD AS A WHOLE, HELPING THE CHILD TO GROW ACADEMICALLY, SOCIALLY, AND ETHICALLY - ALL WITHIN THE FRAMEWORK OF A TRADITIONALLY ACADEMIC SCHOOL. THE SCHOOL'S TRADITIONAL APPROACH TO EDUCATION, COUPLED WITH POSITIVE REINFORCEMENT IN A CARING WHOLESOME ENVIRONMENT PREPARES CHILDREN TO EXCEL IN TODAY'S COMPETITIVE SOCIETY.
Activities or mission (Part I)
INDEPENDENT NONPROFIT DAY SCHOOL FOR CHILDREN IN GRADES K-6.
-
CARLTHORP SCHOOL IS ACCREDITED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS AND THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES. CARLTHORP SCHOOL RECEIVED THE "NO CHILD LEFT BEHIND" NATIONAL BLUE RIBBON OF EXCELLENCE AWARD. 100% OF CARLTHORP SCHOOL'S 2025 GRADUATING CLASS ATTEND THE SECONDARY SCHOOL OF THEIR FIRST CHOICE.THE SCHOOL IS TRADITIONALLY AND ACADEMICALLY ORIENTED. THE CURRICULUM IS WELL-ROUNDED AND A SOLID ACADEMIC FOUNDATION IN MATH, READING, AND ENGLISH IS STRESSED. TEACHERS UTILIZE DIVERSE TEACHING MODALITIES AND STRATEGIES. WITH TWO CLASSES AT EACH GRADE LEVEL OF 20 STUDENTS IN EACH CLASS, EACH STUDENT FROM KINDERGARTEN THROUGH SIXTH GRADE RECEIVED INDIVIDUAL ATTENTION. THOROUGHNESS, ACCURACY AND RESPONSIBILITY ARE STRESSED IN ALL SCHOOLWORK, AND SPECIAL ATTENTION IS GIVEN TO NECESSARY PREPARATION FOR ENTRANCE TO PUBLIC AND PRIVATE SECONDARY SCHOOLS. DURING THE 2024-25 SCHOOL YEAR, THE SCHOOL SERVED APPROXIMATELY 280 STUDENTS.
Expenses $13,607,505 · Grants $944,370 · Revenue $11,905,097
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nola Rae CronanNOLA RAE CRONAN
HEAD OF SCHOOL
- Total calculated
- $538,233
- From this org
- $480,990
- From related orgs
- $0
- Other
- $57,243
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $365,989
- Bonus
- $1,000
- Other
- $114,001
- Deferred
- $16,800
- Nontaxable benefits
- $40,443
- Filer's total
- $538,233
-
Steven SpringerSTEVEN SPRINGER
ASSC HEAD OF SCHOOL (LEFT JUNE 2025)
- Total calculated
- $364,085
- From this org
- $303,732
- From related orgs
- $0
- Other
- $60,353
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $302,232
- Bonus
- $1,500
- Other
- $0
- Deferred
- $16,313
- Nontaxable benefits
- $44,040
- Filer's total
- $364,085
-
Kenneth ParrKENNETH PARR
DIR. OF FINANCE/SEC./TREAS.
- Total calculated
- $376,470
- From this org
- $278,204
- From related orgs
- $0
- Other
- $98,266
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $245,579
- Bonus
- $1,500
- Other
- $31,125
- Deferred
- $16,611
- Nontaxable benefits
- $81,655
- Filer's total
- $376,470
-
Amanda SassoAMANDA SASSO
DEAN OF ACADEMICS
- Total calculated
- $229,672
- From this org
- $207,608
- From related orgs
- $0
- Other
- $22,064
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,308
- Bonus
- $1,300
- Other
- $0
- Deferred
- $12,698
- Nontaxable benefits
- $9,366
- Filer's total
- $229,672
-
Maureen PollackMAUREEN POLLACK
DIRECTOR OF ADVANCEMENT
- Total calculated
- $228,574
- From this org
- $203,567
- From related orgs
- $0
- Other
- $25,007
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,567
- Bonus
- $0
- Other
- $0
- Deferred
- $11,480
- Nontaxable benefits
- $13,527
- Filer's total
- $228,574
-
Andre MorrisANDRE MORRIS
HEAD, SCI., INNOV. & SPCL PROG.
- Total calculated
- $187,387
- From this org
- $167,955
- From related orgs
- $0
- Other
- $19,432
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,455
- Bonus
- $1,500
- Other
- $0
- Deferred
- $8,923
- Nontaxable benefits
- $10,509
- Filer's total
- $187,387
-
Nicola MeyerNICOLA MEYER
LIBRARIAN
- Total calculated
- $153,070
- From this org
- $129,920
- From related orgs
- $0
- Other
- $23,150
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,420
- Bonus
- $2,500
- Other
- $0
- Deferred
- $9,276
- Nontaxable benefits
- $13,874
- Filer's total
- $153,070
-
Aaron LewisAARON LEWIS
BOARD CHAIR/TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Joshua BertmanJOSHUA BERTMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael BundyMICHAEL BUNDY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Subha ChudgarSUBHA CHUDGAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Stefanie HuieSTEFANIE HUIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Timothy JackmanTIMOTHY JACKMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Jarred KennedyJARRED KENNEDY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Sherman MaSHERMAN MA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Mark McKeeMARK MCKEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Cara MorenoCARA MORENO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Dorothy MenziesDOROTHY MENZIES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Kerry O'NeillKERRY O'NEILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Ellen SchwarzmanELLEN SCHWARZMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Varun SoniVARUN SONI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
-
Hannah Taylor SkvarlaHANNAH TAYLOR SKVARLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1.5
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
- 1a · Tax indemnification and gross-up payments
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
The filer's explanations (Part III)
- PART I, LINE 1A
- GROSSED-UP TUITION REIMBURSEMENT PAYMENTS WERE MADE IN ACCORDANCE WITH THE SCHOOL'S TUITION REIMBURSEMENT POLICY FOR OFFICERS AND KEY EMPLOYEES, WHICH HAS BEEN MEMORIALIZED IN WRITING.
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
416 SAN VICENTE LLC
HOLDING TITLE OF REAL PROPERTY · CA · income $500,139 · assets $12,039,474
Directly controlled by CARLTHORP SCHOOL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601949349301355
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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