Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $2,808

• 1c · Fundraising events

  $38,877

• 1e · Government grants (contributions)

  $1,259,941

• 1f · All other contributions, gifts and grants

  $812,701

• 1g · Noncash contributions included above

  $54,706

• 2a · Program service revenue: PER PUPIL APPROPRIATIONS

  total $14,731,646 · related or exempt $14,731,646

• 2b · Program service revenue: PER PUPIL FACILITY ALLOWANCE

  total $2,613,800 · related or exempt $2,613,800

• 2c · Program service revenue: BEFORE AND AFTER CARE

  total $1,221,982 · related or exempt $1,221,982

• 2d · Program service revenue: PROGRAM SERVICE FEES

  total $239,849 · related or exempt $239,849

• 3 · Investment income

  total $700,366 · excluded $700,366

• 7a · Gross sales of assets other than inventory

  securities $2,083

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

  securities $2,057

• 7c · Gain or loss

  securities $26

• 7d · Net gain or loss

  total $26 · excluded $26

• 8a · Fundraising events: gross income

  $48,592

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

  $38,877

• 8b · Fundraising events: direct expenses

  $79,873

• 8c · Net income from fundraising events

  total -$31,281 · excluded -$31,281

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $503,899 · program services $441,225 · management and general $55,180 · fundraising $7,494

• 7 · Other salaries and wages

  total $11,358,320 · program services $9,945,594 · management and general $1,243,802 · fundraising $168,924

• 8 · Pension plan contributions

  total $179,312 · program services $157,010 · management and general $19,636 · fundraising $2,666

• 9 · Other employee benefits

  total $1,560,383 · program services $1,366,305 · management and general $170,872 · fundraising $23,206

• 10 · Payroll taxes

  total $964,169 · program services $844,248 · management and general $105,582 · fundraising $14,339

• 11b · Fees: legal

  total $15,047 · program services $1,739 · management and general $13,308

• 11c · Fees: accounting

  total $321,334 · management and general $321,334

• 11f · Fees: investment management

  total $12,873 · program services $12,873

• 11g · Fees: other

  total $1,016,506 · program services $459,460 · management and general $557,046

• 13 · Office expenses

  total $190,785 · program services $164,367 · management and general $23,625 · fundraising $2,793

• 14 · Information technology

  total $97,892 · program services $85,716 · management and general $10,720 · fundraising $1,456

• 15 · Royalties

  total $30,520 · program services $26,724 · management and general $3,342 · fundraising $454

• 16 · Occupancy

  total $869,103 · program services $761,007 · management and general $95,171 · fundraising $12,925

• 20 · Interest

  total $1,824,486 · program services $1,597,560 · management and general $199,792 · fundraising $27,134

• 22 · Depreciation, depletion and amortization

  total $907,119 · program services $794,295 · management and general $99,333 · fundraising $13,491

• 23 · Insurance

  total $94,945 · program services $83,136 · management and general $10,397 · fundraising $1,412

• 24a · Other expenses: DIRECT STUDENT EXPENSE

  total $875,041 · program services $875,041

• 24b · Other expenses: STAFF-RELATED EXPENSE

  total $238,486 · program services $208,823 · management and general $26,116 · fundraising $3,547

• 24c · Other expenses: PROF. DEVELOPMENT

  total $140,949 · program services $123,418 · management and general $15,435 · fundraising $2,096

• 24d · Other expenses: DUES, FEES, AND FINES

  total $93,300 · management and general $93,300

• 24e · All other expenses

  total $77,369 · program services $65,542 · management and general $10,714 · fundraising $1,113

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,217,448 · end of year $2,278,973

• 2 · Savings and temporary cash investments

  beginning of year $22,256,471 · end of year $8,422,167

• 3 · Pledges and grants receivable

  beginning of year $373,400 · end of year $350,586

• 4 · Accounts receivable

  beginning of year $1,639 · end of year $17,047

• 9 · Prepaid expenses and deferred charges

  beginning of year $225,884 · end of year $306,356

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

  $52,595,917

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

  $6,581,669

• 10c · Land, buildings and equipment, net

  beginning of year $35,319,801 · end of year $46,014,248

• 15 · Other assets

  beginning of year $7,087 · end of year $7,087

• 17 · Accounts payable and accrued expenses

  beginning of year $5,450,115 · end of year $2,021,464

• 19 · Deferred revenue

  end of year $77,261

• 20 · Tax-exempt bond liabilities

  beginning of year $33,387,754 · end of year $33,576,463

• 27 · Net assets without donor restrictions

  beginning of year $21,447,381 · end of year $21,543,943

• 28 · Net assets with donor restrictions

  beginning of year $116,480 · end of year $177,333

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD CONDUCTED A COMPENSATION REVIEW FOR THE ED AND DISCUSSED IT AT THE APRIL 2025 BOARD RETREAT

PART I, LINE 7

BONUSES ARE BASED ON PERFORMANCE.