Totals
- Total revenue
- $49,490,920
- Total expenses
- $45,876,910
- Contributions and grants received
- $7,304,437
- Grants paid
- $4,929,812
- Program service revenue
- $41,000,396
- Investment income
- $868,020
- Other revenue
- $318,067
- Total assets, end of year
- $169,874,564
- Total liabilities, end of year
- $72,912,938
- Net assets or fund balances, end of year
- $96,961,626
- Program services expenses (Part IX)
- $35,149,328
- Management and general expenses
- $9,135,706
- Fundraising expenses
- $1,591,876
- Program service expenses (Part III)
- $35,149,328
Program services were 76.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$248,548
-
1f · All other contributions, gifts and grants
$7,055,889
-
1g · Noncash contributions included above
$224,883
-
2a · Program service revenue: TUITION AND FEES
total $41,000,396 · related or exempt $41,000,396
-
3 · Investment income
total $868,020 · excluded $868,020
-
6a · Gross rents
real property $184,800
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $184,800
-
6d · Net rental income or loss
total $184,800 · excluded $184,800
-
8a · Fundraising events: gross income
$470,867
-
8a · Fundraising events: contributions included on line 1c
$248,548
-
8b · Fundraising events: direct expenses
$444,419
-
8c · Net income from fundraising events
total $26,448 · excluded $26,448
-
11a · Other revenue: HOT LUNCH
total $100,579 · related or exempt $100,579
-
11b · Other revenue: MISCELLANEOUS
total $6,240 · related or exempt $6,240
-
11e · Other revenue, total
$106,819
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,929,812 · program services $4,929,812
-
5 · Compensation of officers, directors and key employees
total $1,469,099 · program services $1,100,272 · management and general $290,124 · fundraising $78,703
-
7 · Other salaries and wages
total $18,382,279 · program services $13,858,839 · management and general $3,508,063 · fundraising $1,015,377
-
8 · Pension plan contributions
total $876,695 · program services $609,938 · management and general $235,402 · fundraising $31,355
-
9 · Other employee benefits
total $2,990,307 · program services $2,123,254 · management and general $696,699 · fundraising $170,354
-
10 · Payroll taxes
total $1,410,843 · program services $1,128,061 · management and general $232,343 · fundraising $50,439
-
11b · Fees: legal
total $292,891 · management and general $292,891
-
11f · Fees: investment management
total $207,411 · management and general $207,411
-
11g · Fees: other
total $2,776,014 · program services $2,213,215 · management and general $452,085 · fundraising $110,714
-
13 · Office expenses
total $1,756,038 · program services $1,502,370 · management and general $240,004 · fundraising $13,664
-
16 · Occupancy
total $867,368 · program services $548,358 · management and general $279,842 · fundraising $39,168
-
17 · Travel
total $29,130 · program services $18,292 · management and general $9,754 · fundraising $1,084
-
19 · Conferences, conventions and meetings
total $426,378 · program services $209,762 · management and general $216,616
-
20 · Interest
total $1,070,241 · program services $856,193 · management and general $214,048
-
22 · Depreciation, depletion and amortization
total $3,126,473 · program services $2,344,855 · management and general $781,618
-
23 · Insurance
total $2,148,865 · program services $1,721,430 · management and general $427,435
-
24a · Other expenses: MISCELLANEOUS
total $1,562,505 · program services $567,280 · management and general $925,582 · fundraising $69,643
-
24b · Other expenses: TRANSPORTATION
total $1,042,123 · program services $1,042,123
-
24c · Other expenses: EQUIP. RENTAL/MTN
total $251,244 · program services $201,981 · management and general $49,263
-
24d · Other expenses: PRINTING AND PUBLICATI
total $170,246 · program services $127,819 · management and general $31,052 · fundraising $11,375
-
24e · All other expenses
total $90,948 · program services $45,474 · management and general $45,474
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,093,116 · end of year $6,897,526
-
2 · Savings and temporary cash investments
beginning of year $17,290,900 · end of year $15,691,971
-
3 · Pledges and grants receivable
beginning of year $105,429 · end of year $4,844,045
-
9 · Prepaid expenses and deferred charges
beginning of year $89,815 · end of year $377,430
-
10a · Land, buildings and equipment: cost or other basis
$117,453,664
-
10b · Land, buildings and equipment: accumulated depreciation
$31,087,898
-
10c · Land, buildings and equipment, net
beginning of year $84,923,842 · end of year $86,365,766
-
11 · Investments: publicly traded securities
beginning of year $19,147,725 · end of year $17,235,282
-
12 · Investments: other securities
beginning of year $33,129,043 · end of year $38,462,544
-
17 · Accounts payable and accrued expenses
beginning of year $5,859,910 · end of year $6,729,749
-
19 · Deferred revenue
beginning of year $22,605,315 · end of year $24,049,792
-
20 · Tax-exempt bond liabilities
beginning of year $38,645,076 · end of year $41,813,117
-
21 · Escrow or custodial account liability
beginning of year $336,008 · end of year $320,280
-
27 · Net assets without donor restrictions
beginning of year $83,180,324 · end of year $87,167,096
-
28 · Net assets with donor restrictions
beginning of year $5,153,237 · end of year $9,794,530
Mission and programs · 2022
Mission
THE BUCKLEY SCHOOL IS A DYNAMIC, NURTURING LEARNING COMMUNITY COMMITTED TO EQUITY AND INCLUSION. OUR INNOVATIVE TEACHERS AND CHALLENGING PROGRAMS INSPIRE CREATIVITY, COURAGE, AND COLLABORATION. BY PROMOTING A BALANCED DEVELOPMENT OF MIND, BODY, AND CHARACTER, WE ENCOURAGE EACH STUDENT TO FIND JOY AND MEANING IN LIFE AND MAKE AN IMPACT IN THE WORLD.
Activities or mission (Part I)
THE ORGANIZATION IS AN INDEPENDENT CO-EDUCATIONAL, COLLEGE PREPARATORY DAY SCHOOL.
-
THE SCHOOL IS SITUATED ON A NINETEEN ACRE CAMPUS IN A RESIDENTIAL SECTION OF SANTA MONICA MOUNTAINS, A SETTING OF NATURAL BEAUTY WITH ACCESS TO THE CULTURAL AND EDUCATIONAL RESOURCES OF THE LOS ANGELES METROPOLITAN AREA. WITH AN ENROLLMENT OF APPROXIMATELY 830 STUDENTS IN KINDERGARTEN THROUGH GRADE TWELVE, THE SCHOOL SEEKS TO ATTRACT STUDENTS WHO REFLECT THE ETHNIC DIVERSITY OF LOS ANGELES.BUCKLEY'S PHILOSOPHY, THE 4-FOLD PLAN OF EDUCATION, COMBINES THE PRINCIPLES OF WHOLE-CHILD EDUCATION - A DEEPLY INTER-CONNECTED PROGRAM OF ACADEMICS, THE ARTS, PHYSICAL DEVELOPMENT, AND MORAL EDUCATION. CURIOSITY, CRITICAL THINKING, AND CREATIVITY ARE ENCOURAGED AND PROMOTED. WE BELIEVE THAT STUDENTS' BEST WORK -- IN THE CLASSROOM, IN THE ARTS, AND ON THE FIELD, CAN ONLY BE REALIZED THROUGH SELF-EXPRESSION AND RESILIENCE WITHIN AN INTENTIONAL PROGRAM.OUR LOWER SCHOOL BLENDS TRADITION AND STRUCTURE WITH PROGRESSIVE METHODOLOGIES. OUR MIDDLE AND UPPER SCHOOL IS COLLEGE PREPARATORY, BASED ON A PRESCRIBED CURRICULUM THAT EVOLVES TO INCLUDE THE BEST OF CURRENT RESEARCH AND TEACHING METHODOLOGIES.
Expenses $35,149,328 · Grants $4,929,812 · Revenue $41,107,215
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Benjamin VegaBENJAMIN VEGA
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Eric BiddleERIC BIDDLE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Shari RosenthalSHARI ROSENTHAL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Jose-Manuel DecastroJOSE-MANUEL DECASTRO
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
David SadkinDAVID SADKIN
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Chip SellersCHIP SELLERS
PARLIAMENTARIAN
- Total calculated
- $0
- Hours/week
- 4
-
Andrea AlberiniANDREA ALBERINI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Anne-Marie BalzanoANNE-MARIE BALZANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Tova CohenTOVA COHEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Joss Hastings-PriceJOSS HASTINGS-PRICE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Jackie GoldbergJACKIE GOLDBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Alix MerkleyALIX MERKLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Brian NussbaumBRIAN NUSSBAUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Peggy ProctorPEGGY PROCTOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Karen RichardsonKAREN RICHARDSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Jen SheffieldJEN SHEFFIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Randall WinstonRANDALL WINSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Vincent TravaglioneVINCENT TRAVAGLIONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Mark NehorayMARK NEHORAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Alona Hilary ScottALONA HILARY SCOTT
HEAD OF SCHOOL
- Total calculated
- $715,840
- From this org
- $461,229
- From related orgs
- $0
- Other
- $254,611
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $370,907
- Bonus
- $50,000
- Other
- $40,322
- Deferred
- $15,250
- Nontaxable benefits
- $239,361
- Filer's total
- $715,840
-
Elizabeth M TurchanELIZABETH M TURCHAN
CHIEF FINANCIAL OFFICER
- Total calculated
- $471,226
- From this org
- $422,461
- From related orgs
- $0
- Other
- $48,765
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $378,349
- Bonus
- $30,000
- Other
- $14,112
- Deferred
- $24,400
- Nontaxable benefits
- $24,365
- Filer's total
- $471,226
-
Michelle Wenker SchrothMICHELLE WENKER SCHROTH
DIRECTOR OF ADVANCEMENT
- Total calculated
- $249,428
- From this org
- $208,593
- From related orgs
- $0
- Other
- $40,835
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,736
- Bonus
- $4,000
- Other
- $8,857
- Deferred
- $8,168
- Nontaxable benefits
- $32,667
- Filer's total
- $249,428
-
Adrienne M ParsonsADRIENNE M PARSONS
HEAD OF LOWER SCHOOL
- Total calculated
- $238,438
- From this org
- $197,454
- From related orgs
- $0
- Other
- $40,984
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,225
- Bonus
- $1,500
- Other
- $8,729
- Deferred
- $16,021
- Nontaxable benefits
- $24,963
- Filer's total
- $238,438
-
Erwin WongERWIN WONG
DIRECTOR OF ENROLLMENT MANAGEMENT
- Total calculated
- $232,253
- From this org
- $199,424
- From related orgs
- $0
- Other
- $32,829
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,853
- Bonus
- $1,500
- Other
- $10,071
- Deferred
- $9,964
- Nontaxable benefits
- $22,865
- Filer's total
- $232,253
-
George A RussoGEORGE A RUSSO
DEAN OF STUDENTS
- Total calculated
- $231,488
- From this org
- $193,199
- From related orgs
- $0
- Other
- $38,289
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,062
- Bonus
- $30,000
- Other
- $12,137
- Deferred
- $15,424
- Nontaxable benefits
- $22,865
- Filer's total
- $231,488
-
Donald Smith JrDONALD SMITH JR
HEAD OF MIDDLE SCHOOL
- Total calculated
- $217,413
- From this org
- $184,270
- From related orgs
- $0
- Other
- $33,143
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,960
- Bonus
- $0
- Other
- $9,310
- Deferred
- $9,344
- Nontaxable benefits
- $23,799
- Filer's total
- $217,413
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- PER THE EMPLOYMENT AGREEMENT, THE HEAD OF SCHOOL IS REQUIRED TO LIVE AT A HOUSE OWNED BY THE SCHOOL. ESTIMATED RENT FOR THE CALENDAR YEAR IS $150,000.
- PART I, LINE 7
- BONUSES ARE MADE UPON THE DISCRETION OF THE HEAD OF SCHOOL.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441309349302049
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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