Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,027,205

• 1f · All other contributions, gifts and grants

  $12,282,381

• 1g · Noncash contributions included above

  $1,234,291

• 2a · Program service revenue: TUITION & FEES

  total $17,549,591 · related or exempt $17,549,591

• 2b · Program service revenue: OTHER FEES

  total $132,823 · related or exempt $132,823

• 2c · Program service revenue: APPLICATION FEES

  total $31,849 · related or exempt $31,849

• 3 · Investment income

  total $1,652,132 · unrelated business $234,292 · excluded $1,417,840

• 7a · Gross sales of assets other than inventory

  securities $26,012,601

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

  securities $24,555,077

• 7c · Gain or loss

  securities $1,457,524

• 7d · Net gain or loss

  total $1,457,524 · unrelated business $156,430 · excluded $1,301,094

• 11a · Other revenue: OTHER REVENUES

  total $51,733 · related or exempt $51,733

• 11e · Other revenue, total

  $51,733

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $53,900 · program services $53,900

• 2 · Grants to domestic individuals

  total $2,226,188 · program services $2,226,188

• 5 · Compensation of officers, directors and key employees

  total $743,902 · program services $262,671 · management and general $340,020 · fundraising $141,211

• 6 · Compensation of disqualified persons

  total $218,683 · program services $218,683

• 7 · Other salaries and wages

  total $8,777,491 · program services $7,349,379 · management and general $1,113,514 · fundraising $314,598

• 8 · Pension plan contributions

  total $570,645 · program services $471,238 · management and general $83,407 · fundraising $16,000

• 9 · Other employee benefits

  total $1,748,561 · program services $1,612,412 · management and general $102,926 · fundraising $33,223

• 10 · Payroll taxes

  total $669,145 · program services $539,291 · management and general $107,588 · fundraising $22,266

• 11b · Fees: legal

  total $249,122 · management and general $249,122

• 11c · Fees: accounting

  total $130,903 · management and general $130,903

• 11f · Fees: investment management

  total $588,093 · management and general $588,093

• 12 · Advertising and promotion

  total $4,781 · management and general $4,781

• 13 · Office expenses

  total $298,904 · program services $63,915 · management and general $100,221 · fundraising $134,768

• 14 · Information technology

  total $330,937 · program services $219,211 · management and general $111,726

• 16 · Occupancy

  total $2,608,676 · program services $2,086,941 · management and general $521,735

• 17 · Travel

  total $197,403 · program services $84,515 · management and general $14,950 · fundraising $97,938

• 20 · Interest

  total $232,435 · program services $185,948 · management and general $46,487

• 22 · Depreciation, depletion and amortization

  total $2,966,889 · program services $2,373,511 · management and general $593,378

• 23 · Insurance

  total $431,215 · program services $344,972 · management and general $86,243

• 24a · Other expenses: DINING HALL

  total $950,720 · program services $950,720

• 24b · Other expenses: DEPARTMENTAL EXPENSES

  total $615,307 · program services $237,979 · management and general $314,427 · fundraising $62,901

• 24c · Other expenses: ACADEMIC AND RESIDENTIA

  total $516,980 · program services $516,900 · management and general $80

• 24d · Other expenses: ADVANCEMENT EVENTS

  total $213,660 · fundraising $213,660

• 24e · All other expenses

  total $113,814 · program services $113,814

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,999,340 · end of year $5,714,912

• 2 · Savings and temporary cash investments

  beginning of year $16,515,390 · end of year $37,306,357

• 4 · Accounts receivable

  beginning of year $37,207 · end of year $5,925

• 8 · Inventories for sale or use

  beginning of year $6,513

• 9 · Prepaid expenses and deferred charges

  end of year $207,934

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

  $111,773,870

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

  $47,840,737

• 10c · Land, buildings and equipment, net

  beginning of year $63,924,590 · end of year $63,933,133

• 11 · Investments: publicly traded securities

  beginning of year $42,417,617 · end of year $36,101,047

• 12 · Investments: other securities

  beginning of year $92,780,061 · end of year $84,910,917

• 15 · Other assets

  beginning of year $0 · end of year $876,620

• 17 · Accounts payable and accrued expenses

  beginning of year $822,895 · end of year $1,162,429

• 19 · Deferred revenue

  beginning of year $8,110,901 · end of year $9,450,249

• 20 · Tax-exempt bond liabilities

  beginning of year $11,259,199 · end of year $10,820,575

• 25 · Other liabilities

  beginning of year $0 · end of year $876,620

• 27 · Net assets without donor restrictions

  beginning of year $99,601,153 · end of year $110,020,400

• 28 · Net assets with donor restrictions

  beginning of year $97,886,570 · end of year $96,726,572

The filer's explanations (Part III)

PART I, LINE 1A

FOR THE BENEFIT AND CONVENIENCE OF THE SCHOOL AND AS A CONDITION OF THEIR EMPLOYMENT, CERTAIN EMPLOYEES ARE PROVIDED WITH ON-CAMPUS RESIDENCES AT THE SCHOOL'S EXPENSES. THESE RESIDENCES ARE READILY AVAILABLE AND USED FOR SCHOOL-RELATED ORDINARY AND NECESSARY BUSINESS FUNCTIONS ON A REGULAR AND CONTINUING BASIS. FOR THE YEAR ENDED JUNE 30, 2023, THE HEAD OF SCHOOL, CFO, DIRECTOR OF PHYSICAL PLANT AND ASSISTANT HEAD OF SCHOOL/DEAN OF TEACHING AND LEARNING RECEIVED CAMPUS HOUSING AS NONTAXABLE BENEFITS.

PART I, LINE 7

THE CFO/SECRETARY RECEIVED A DISCRETIONARY BONUS AS APPROVED BY THE SCHOOL'S COMPENSATION COMMITTEE. THE DIRECTORS OF PHYSICAL PLANT AND ADVANCEMENT AND COMMUNICATIONS RECEIVED DISCRETIONARY BONUSES AS APPROVED BY THE HEAD OF SCHOOL.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• EAGLEBROOK SCHOOL EDUCATIONAL FOUNDATION - HONG KONG

  FUNDRAISING · MA · income $381,292 · assets $0

  Directly controlled by ALLEN-CHASE FOUNDATION DBA EAGLEBROOK SCHOOL