Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $76,250

• 1d · Related organizations

  $122,000

• 1e · Government grants (contributions)

  $10,841

• 1f · All other contributions, gifts and grants

  $3,165,148

• 1g · Noncash contributions included above

  $21,558

• 2a · Program service revenue: TUITION

  total $9,737,785 · related or exempt $9,737,785

• 2b · Program service revenue: PROGRAM FEES

  total $1,598,290 · related or exempt $1,598,290

• 2c · Program service revenue: OTHER PROGRAM SERVICE REVENUE

  total $21,060 · related or exempt $21,060

• 3 · Investment income

  total $266,138 · excluded $266,138

• 8a · Fundraising events: gross income

  $138,285

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

  $76,250

• 8b · Fundraising events: direct expenses

  $51,342

• 8c · Net income from fundraising events

  total $86,943 · excluded $86,943

• 10a · Gross sales of inventory

  $151,335

• 10b · Cost of goods sold

  $94,997

• 10c · Net income from sales of inventory

  total $56,338 · related or exempt $56,338

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,201,479 · program services $1,201,479

• 5 · Compensation of officers, directors and key employees

  total $720,321 · program services $566,461 · management and general $119,213 · fundraising $34,647

• 7 · Other salaries and wages

  total $6,587,084 · program services $5,180,097 · management and general $1,089,966 · fundraising $317,021

• 8 · Pension plan contributions

  total $173,394 · program services $90,469 · management and general $82,925

• 9 · Other employee benefits

  total $613,683 · program services $583,063 · management and general $5,036 · fundraising $25,584

• 10 · Payroll taxes

  total $531,432 · program services $435,804 · management and general $74,082 · fundraising $21,546

• 11b · Fees: legal

  total $16,295 · management and general $16,295

• 11c · Fees: accounting

  total $27,903 · management and general $27,903

• 11e · Fees: professional fundraising services

  total $181,500 · fundraising $181,500

• 11f · Fees: investment management

  total $12,660 · management and general $12,660

• 11g · Fees: other

  total $11,848 · management and general $11,848

• 12 · Advertising and promotion

  total $39,244 · program services $39,244

• 13 · Office expenses

  total $263,196 · program services $176,544 · management and general $13,682 · fundraising $72,970

• 14 · Information technology

  total $252,680 · program services $252,680

• 16 · Occupancy

  total $780,198 · program services $758,525 · management and general $17,259 · fundraising $4,414

• 19 · Conferences, conventions and meetings

  total $27,111 · program services $27,111

• 20 · Interest

  total $84,054 · program services $81,782 · management and general $1,809 · fundraising $463

• 22 · Depreciation, depletion and amortization

  total $688,189 · program services $668,674 · management and general $15,540 · fundraising $3,975

• 23 · Insurance

  total $133,091 · program services $129,317 · management and general $3,005 · fundraising $769

• 24a · Other expenses: INSTRUCTIONAL SERVICES

  total $1,139,868 · program services $1,139,868

• 24b · Other expenses: CAFETERIA EXPENSES

  total $289,543 · program services $289,543

• 24c · Other expenses: BAD DEBT

  total $109,652 · fundraising $109,652

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,816,801 · end of year $5,019,669

• 2 · Savings and temporary cash investments

  beginning of year $1,739,876 · end of year $136,018

• 3 · Pledges and grants receivable

  beginning of year $986,875 · end of year $2,239,256

• 4 · Accounts receivable

  beginning of year $4,937,319 · end of year $548,436

• 5 · Loans and receivables from officers and key people

  beginning of year $60,000 · end of year $60,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $96,810 · end of year $136,769

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

  $23,506,822

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

  $10,428,328

• 10c · Land, buildings and equipment, net

  beginning of year $13,049,558 · end of year $13,078,494

• 11 · Investments: publicly traded securities

  beginning of year $3,662,221 · end of year $3,844,646

• 15 · Other assets

  beginning of year $99,652 · end of year $93,899

• 17 · Accounts payable and accrued expenses

  beginning of year $122,196 · end of year $233,637

• 19 · Deferred revenue

  beginning of year $9,589,024 · end of year $4,882,545

• 20 · Tax-exempt bond liabilities

  beginning of year $2,971,575 · end of year $2,871,575

• 25 · Other liabilities

  beginning of year $101,161 · end of year $96,462

• 27 · Net assets without donor restrictions

  beginning of year $12,621,176 · end of year $11,470,610

• 28 · Net assets with donor restrictions

  beginning of year $3,043,980 · end of year $5,602,358

The filer's explanations (Part III)

PART III - SCHEDULE J SUPPLEMENTAL INFORMATION

THE HEADMASTER IS REIMBURSED FOR BUSINESS-RELATED EXPENSES HE INCURS IN ATTENDING ENTITY FUNCTIONS AND PROMOTING PDS. THE MAXIMUM AMOUNT FOR EXPENSE REIMBURSEMENTS IS $10,000 PER FISCAL YEAR.