Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $281,519

• 1f · All other contributions, gifts and grants

  $3,154,426

• 1g · Noncash contributions included above

  $111,169

• 2a · Program service revenue: TUITION & FEES

  total $30,439,655 · related or exempt $30,439,655

• 2b · Program service revenue: CAFETERIA SALES/ LUNCH

  total $1,064,066 · related or exempt $1,064,066

• 2c · Program service revenue: BOOKSTORE SALES

  total $315,893 · related or exempt $315,893

• 2d · Program service revenue: SQUASH PROGRAM

  total $308,003 · related or exempt $308,003

• 2e · Program service revenue: CREW FEES

  total $116,038 · related or exempt $116,038

• 2f · All other program service revenue

  total $53,897 · related or exempt $53,897

• 3 · Investment income

  total $1,968,025 · unrelated business $2,615 · excluded $1,965,410

• 6a · Gross rents

  real property $50,409

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $50,409

• 6d · Net rental income or loss

  total $50,409 · excluded $50,409

• 7a · Gross sales of assets other than inventory

  securities $24,744,123

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

  securities $24,350,783

• 7c · Gain or loss

  securities $393,340

• 7d · Net gain or loss

  total $393,340 · excluded $393,340

• 8a · Fundraising events: gross income

  $0

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

  $281,519

• 8b · Fundraising events: direct expenses

  $95,903

• 8c · Net income from fundraising events

  total -$95,903 · excluded -$95,903

• 11a · Other revenue: OTHER

  total $240,802 · excluded $240,802

• 11b · Other revenue: YEARBOOK SALES

  total $37,000 · excluded $37,000

• 11e · Other revenue, total

  $277,802

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $8,151,930 · program services $8,151,930

• 5 · Compensation of officers, directors and key employees

  total $981,597 · management and general $981,597

• 7 · Other salaries and wages

  total $14,303,040 · program services $9,984,375 · management and general $3,176,036 · fundraising $1,142,629

• 8 · Pension plan contributions

  total $759,950 · program services $519,982 · management and general $180,460 · fundraising $59,508

• 9 · Other employee benefits

  total $1,531,670 · program services $1,082,844 · management and general $324,903 · fundraising $123,923

• 10 · Payroll taxes

  total $1,069,620 · program services $705,151 · management and general $283,771 · fundraising $80,698

• 11b · Fees: legal

  total $59,451 · management and general $59,451

• 11c · Fees: accounting

  total $34,200 · management and general $34,200

• 11f · Fees: investment management

  total $191,996 · management and general $191,996

• 11g · Fees: other

  total $85,388 · management and general $85,388

• 13 · Office expenses

  total $343,807 · management and general $343,807

• 14 · Information technology

  total $607,363 · management and general $607,363

• 16 · Occupancy

  total $1,217,051 · program services $1,217,051

• 20 · Interest

  total $557,807 · management and general $557,807

• 22 · Depreciation, depletion and amortization

  total $2,993,191 · program services $2,993,191

• 23 · Insurance

  total $263,788 · management and general $263,788

• 24a · Other expenses: AUXILIARY ACTIVITIES

  total $1,849,926 · program services $1,849,926

• 24b · Other expenses: INSTRUCTIONAL EXPENSE

  total $1,539,733 · program services $1,539,733

• 24c · Other expenses: FACILITIES OPERATION AL

  total $1,096,978 · management and general $854,093 · fundraising $242,885

• 24d · Other expenses: SCHOOL ADMINISTRATION

  total $191,812 · management and general $191,812

• 24e · All other expenses

  total $1,371,352 · program services $73,174 · management and general $1,042,698 · fundraising $255,480

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,566,913 · end of year $6,480,756

• 2 · Savings and temporary cash investments

  beginning of year $12,666,807 · end of year $8,566,663

• 3 · Pledges and grants receivable

  beginning of year $1,450,879 · end of year $468,590

• 9 · Prepaid expenses and deferred charges

  beginning of year $130,706 · end of year $210,708

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

  $90,898,824

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

  $52,193,076

• 10c · Land, buildings and equipment, net

  beginning of year $39,785,966 · end of year $38,705,748

• 11 · Investments: publicly traded securities

  beginning of year $36,366,160 · end of year $41,517,332

• 12 · Investments: other securities

  beginning of year $4,722,418 · end of year $4,882,845

• 15 · Other assets

  beginning of year $709,148 · end of year $529,718

• 17 · Accounts payable and accrued expenses

  beginning of year $1,610,377 · end of year $1,987,044

• 19 · Deferred revenue

  beginning of year $2,276,545 · end of year $2,778,789

• 23 · Secured mortgages and notes payable

  beginning of year $19,627,894 · end of year $19,431,252

• 25 · Other liabilities

  beginning of year $1,741,417 · end of year $374,713

• 27 · Net assets without donor restrictions

  beginning of year $48,263,982 · end of year $47,600,080

• 28 · Net assets with donor restrictions

  beginning of year $27,878,782 · end of year $29,190,482

The filer's explanations (Part III)

PART I, LINE 1A

THE HEADMASTER OF THE SCHOOL IS PROVIDED WITH ON-CAMPUS HOUSING. THE HOUSING IS A CONDITION OF HIS EMPLOYMENT AND NOT PART OF HIS TAXABLE INCOME.