Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,683,706

• 1g · Noncash contributions included above

  $796,015

• 2a · Program service revenue: TUITION AND FEES

  total $35,012,305 · related or exempt $35,012,305

• 2b · Program service revenue: OTHER FEES AND CHARGES

  total $886,095 · related or exempt $886,095

• 2c · Program service revenue: AFTER SCHOOL PROGRAMS

  total $343,449 · related or exempt $343,449

• 3 · Investment income

  total $13,956,040 · unrelated business -$95,185 · excluded $14,051,225

• 10a · Gross sales of inventory

  $511,026

• 10b · Cost of goods sold

  $282,774

• 10c · Net income from sales of inventory

  total $228,252 · related or exempt $228,252

• 11a · Other revenue: OTHER INCOME

  total $739,394 · related or exempt $739,394

• 11b · Other revenue: INTEREST RATE SWAP

  total $708,973 · excluded $708,973

• 11e · Other revenue, total

  $1,448,367

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $7,421,713 · program services $7,421,713

• 5 · Compensation of officers, directors and key employees

  total $1,981,256 · program services $1,432,077 · management and general $549,179

• 7 · Other salaries and wages

  total $20,000,685 · program services $14,437,291 · management and general $5,563,394

• 8 · Pension plan contributions

  total $1,306,361 · program services $1,032,917 · management and general $184,480 · fundraising $88,964

• 9 · Other employee benefits

  total $3,898,906 · program services $2,984,785 · management and general $689,337 · fundraising $224,784

• 11b · Fees: legal

  total $158,064 · management and general $158,064

• 11c · Fees: accounting

  total $43,340 · management and general $43,340

• 11g · Fees: other

  total $502,879 · fundraising $502,879

• 12 · Advertising and promotion

  total $187,232 · management and general $187,232

• 13 · Office expenses

  total $131,096 · program services $120,762 · management and general $10,334

• 14 · Information technology

  total $788,313 · program services $736,771 · management and general $43,808 · fundraising $7,734

• 16 · Occupancy

  total $2,720,940 · program services $2,052,264 · management and general $519,720 · fundraising $148,956

• 17 · Travel

  total $129,252 · program services $127,984 · management and general $1,268

• 19 · Conferences, conventions and meetings

  total $682,231 · program services $681,432 · management and general $799

• 20 · Interest

  total $1,213,836 · management and general $1,213,836

• 22 · Depreciation, depletion and amortization

  total $3,178,668 · program services $2,471,008 · management and general $533,645 · fundraising $174,015

• 23 · Insurance

  total $350,773 · program services $206 · management and general $350,567

• 24a · Other expenses: DINING HALL

  total $1,504,005 · program services $1,433,704 · management and general $53,014 · fundraising $17,287

• 24b · Other expenses: PROGRAM ACTIVITIES

  total $1,077,057 · program services $1,077,057

• 24c · Other expenses: AUXILLARY

  total $552,325 · program services $552,325

• 24d · Other expenses: ATHLETICS

  total $365,348 · program services $365,348

• 24e · All other expenses

  total $1,767,107 · program services $314,061 · management and general $1,451,415 · fundraising $1,631

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,979,617 · end of year $5,346,216

• 3 · Pledges and grants receivable

  beginning of year $701,194 · end of year $77,540

• 4 · Accounts receivable

  beginning of year $454,398 · end of year $454,443

• 8 · Inventories for sale or use

  beginning of year $355,409 · end of year $221,745

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,256,751 · end of year $1,506,050

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

  $104,695,074

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

  $50,414,691

• 10c · Land, buildings and equipment, net

  beginning of year $51,994,367 · end of year $54,280,383

• 11 · Investments: publicly traded securities

  beginning of year $130,859,218 · end of year $147,906,920

• 12 · Investments: other securities

  beginning of year $84,503,558 · end of year $69,225,245

• 13 · Investments: program-related

  beginning of year $596,918 · end of year $568,789

• 15 · Other assets

  beginning of year $1,566,495 · end of year $3,568,791

• 17 · Accounts payable and accrued expenses

  beginning of year $3,016,793 · end of year $3,268,015

• 19 · Deferred revenue

  beginning of year $3,616,179 · end of year $3,814,330

• 20 · Tax-exempt bond liabilities

  beginning of year $35,261,395 · end of year $35,273,325

• 25 · Other liabilities

  beginning of year $423,509 · end of year $400,332

• 27 · Net assets without donor restrictions

  beginning of year $47,314,082 · end of year $47,382,030

• 28 · Net assets with donor restrictions

  beginning of year $187,635,967 · end of year $193,018,090

The filer's explanations (Part III)

PART I, LINE 1A

HEAD OF SCHOOL, HENRY P.A. SMYTH, RECEIVED A RESIDENCE FOR PERSONAL USE AND PERSONAL SERVICES DURING THE YEAR. THESE BENEFITS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN D.