Form 990 for tax year 2024
Filed by HIGHLANDS DAY SCHOOL FOUNDATION.
Totals
- Total revenue
- $7,508,244
- Total expenses
- $8,219,373
- Contributions and grants received
- $459,403
- Grants paid
- $539,238
- Program service revenue
- $6,906,504
- Investment income
- $152,742
- Other revenue
- -$10,405
- Total assets, end of year
- $19,055,879
- Total liabilities, end of year
- $4,291,281
- Net assets or fund balances, end of year
- $14,764,598
- Program services expenses (Part IX)
- $6,933,829
- Management and general expenses
- $1,232,293
- Fundraising expenses
- $53,251
- Program service expenses (Part III)
- $6,933,829
Program services were 84.4% 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.
-
1f · All other contributions, gifts and grants
$459,403
-
2a · Program service revenue: TUITION AND FEES
total $5,435,569 · related or exempt $5,435,569
-
2b · Program service revenue: FAMILY CENTER FEES
total $687,150 · related or exempt $687,150
-
2c · Program service revenue: SUMMER PROGRAM FEE
total $317,275 · related or exempt $317,275
-
2d · Program service revenue: EXTENDED DAY PROGRAM
total $314,416 · related or exempt $314,416
-
2e · Program service revenue: TRIP FEES
total $97,825 · related or exempt $97,825
-
2f · All other program service revenue
total $54,269 · related or exempt $54,269
-
3 · Investment income
total $245,537 · excluded $245,537
-
6a · Gross rents
real property $9,900
-
6b · Less rental expenses
real property $20,305
-
6c · Rental income or loss
real property -$10,405
-
6d · Net rental income or loss
total -$10,405 · related or exempt -$10,405
-
7b · Less cost or other basis and sales expenses
securities $92,795
-
7c · Gain or loss
securities -$92,795
-
7d · Net gain or loss
total -$92,795 · excluded -$92,795
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $539,238 · program services $539,238
-
5 · Compensation of officers, directors and key employees
total $387,214 · program services $96,169 · management and general $288,641 · fundraising $2,404
-
7 · Other salaries and wages
total $4,036,841 · program services $3,637,525 · management and general $394,864 · fundraising $4,452
-
8 · Pension plan contributions
total $143,871 · program services $112,191 · management and general $28,112 · fundraising $3,568
-
9 · Other employee benefits
total $261,760 · program services $200,923 · management and general $55,122 · fundraising $5,715
-
10 · Payroll taxes
total $302,394 · program services $261,769 · management and general $40,625
-
11f · Fees: investment management
total $20,344 · management and general $20,344
-
11g · Fees: other
total $78,718 · management and general $78,718
-
12 · Advertising and promotion
total $56,410 · management and general $56,410
-
14 · Information technology
total $31,622 · management and general $31,622
-
16 · Occupancy
total $433,910 · program services $411,881 · management and general $22,029
-
20 · Interest
total $68,239 · program services $68,239
-
22 · Depreciation, depletion and amortization
total $648,677 · program services $624,650 · management and general $24,027
-
23 · Insurance
total $83,718 · program services $20,822 · management and general $62,896
-
24a · Other expenses: INSTRUCTIONAL AND PROGR
total $698,091 · program services $697,535 · management and general $556
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $139,917 · program services $138,344 · management and general $1,573
-
24c · Other expenses: OFFICE SUPPLIES, POSTAG
total $106,123 · program services $45,441 · management and general $60,682
-
24d · Other expenses: BUSINESS OFFICE
total $44,613 · management and general $44,613
-
24e · All other expenses
total $137,673 · program services $79,102 · management and general $21,459 · fundraising $37,112
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $4,189,075 · end of year $3,291,473
-
4 · Accounts receivable
beginning of year $69,381 · end of year $73,559
-
9 · Prepaid expenses and deferred charges
beginning of year $111,193 · end of year $143,452
-
10a · Land, buildings and equipment: cost or other basis
$19,044,383
-
10b · Land, buildings and equipment: accumulated depreciation
$9,124,605
-
10c · Land, buildings and equipment, net
beginning of year $10,253,487 · end of year $9,919,778
-
11 · Investments: publicly traded securities
beginning of year $4,981,570 · end of year $5,627,617
-
17 · Accounts payable and accrued expenses
beginning of year $541,654 · end of year $583,338
-
19 · Deferred revenue
beginning of year $2,271,918 · end of year $1,962,512
-
20 · Tax-exempt bond liabilities
beginning of year $1,815,079 · end of year $1,745,431
-
27 · Net assets without donor restrictions
beginning of year $14,440,908 · end of year $14,208,209
-
28 · Net assets with donor restrictions
beginning of year $535,147 · end of year $556,389
Mission and programs · 2024
Mission
TO PROVIDE A CHALLENGING ACADEMIC PROGRAM; TO CREATE A LOVE OF LEARNING IN EVERY STUDENT; TO INSTILL THE HABITS OF SUCCESS IN EVERY STUDENT; TO PREPARE THE STUDENT TO BE A RESPONSIBLE AND PRODUCTIVE MEMBER OF THE COMMUNITY.
Activities or mission (Part I)
SUPPORT AN INDEPENDENT SCHOOL EDUCATING CHILDREN THROUGH EIGHTH GRADE
-
THE FOUNDATION SUPPORTS AN INDEPENDENT SCHOOL FOR STUDENTS 4K THROUGH EIGHTH GRADE.
Expenses $6,225,873 · Grants $539,238 · Revenue $5,902,079
-
THE FOUNDATION SUPPORTS A SUMMER PROGRAM.
Expenses $226,803 · Revenue $317,275
-
THE FOUNDATION SUPPORTS A FAMILY CENTER FOR INFANTS THROUGH THREE YEARS OLD.
Expenses $481,153 · Revenue $687,150
As filed on the 2024 return.
Listed in Part VII
-
Anupam AgarwalANUPAM AGARWAL
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Maye Head FreiMAYE HEAD FREI
BOARD OF TRUSTEES, EMERITU
- Total calculated
- $0
- Hours/week
- 0
-
Jake McKenzieJAKE MCKENZIE
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Amy NeimanAMY NEIMAN
BOARD OF TRUSTEES, VICE-PR
- Total calculated
- $0
- Hours/week
- 0
-
Kathryn McDonaldKATHRYN MCDONALD
BOARD OF TRUSTEES, PRESIDE
- Total calculated
- $0
- Hours/week
- 0
-
Elene GiattinaELENE GIATTINA
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Gareth VaughanGARETH VAUGHAN
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Mary GoodrichMARY GOODRICH
BOARD OF TRUSTEES, TREASUR
- Total calculated
- $0
- Hours/week
- 0
-
Connie HillCONNIE HILL
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Lakisha MackLAKISHA MACK
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Katharine MarxKATHARINE MARX
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Jeffrey BibbeeJEFFREY BIBBEE
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Scott GroverSCOTT GROVER
BOARD OF TRUSTEES, SECRETA
- Total calculated
- $0
- Hours/week
- 0
-
Michael SteinerMICHAEL STEINER
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Gregory HarpGREGORY HARP
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Hayden Slaughter ChappelHAYDEN SLAUGHTER CHAPPEL
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Becky SorrellBECKY SORRELL
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0
-
Kavita VasilKAVITA VASIL
HEAD OF SCHOOL
- Total calculated
- $256,223
- From this org
- $248,093
- From related orgs
- $0
- Other
- $8,130
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $242,281
- Bonus
- $5,812
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,130
- Filer's total
- $256,223
-
Terry ThompsonTERRY THOMPSON
DIRECTOR OF FINANCE AND OP
- Total calculated
- $154,751
- From this org
- $142,715
- From related orgs
- $0
- Other
- $12,036
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,903
- Bonus
- $812
- Other
- $0
- Deferred
- $7,136
- Nontaxable benefits
- $4,900
- Filer's total
- $154,751
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
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
- 2024
- Filed
- 18 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600519349300535
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.