Totals
- Total revenue
- $21,436,317
- Total expenses
- $21,983,720
- Contributions and grants received
- $961,848
- Grants paid
- $5,125,142
- Program service revenue
- $19,873,389
- Investment income
- $432,504
- Other revenue
- $168,576
- Total assets, end of year
- $30,869,549
- Total liabilities, end of year
- $9,621,734
- Net assets or fund balances, end of year
- $21,247,815
- Program services expenses (Part IX)
- $17,875,663
- Management and general expenses
- $3,645,495
- Fundraising expenses
- $462,562
- Program service expenses (Part III)
- $17,875,663
Program services were 81.3% 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
$354,109
-
1e · Government grants (contributions)
$57,541
-
1f · All other contributions, gifts and grants
$550,198
-
1g · Noncash contributions included above
$14,092
-
2a · Program service revenue: TUITION
total $19,005,115 · related or exempt $19,005,115
-
2b · Program service revenue: FOOD SERVICE
total $545,256 · related or exempt $545,256
-
2c · Program service revenue: EXTENDED DAY CARE
total $144,604 · related or exempt $144,604
-
2d · Program service revenue: AUXILIARY SERVICES
total $119,279 · related or exempt $119,279
-
2e · Program service revenue: YEARBOOK
total $48,110 · related or exempt $48,110
-
2f · All other program service revenue
total $11,025 · related or exempt $11,025
-
3 · Investment income
total $409,465 · excluded $409,465
-
6a · Gross rents
real property $33,640 · personal property $1,630
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $33,640 · personal property $1,630
-
6d · Net rental income or loss
total $35,270 · excluded $35,270
-
7a · Gross sales of assets other than inventory
securities $384,614 · other assets $4,615
-
7b · Less cost or other basis and sales expenses
securities $366,190 · other assets $0
-
7c · Gain or loss
securities $18,424 · other assets $4,615
-
7d · Net gain or loss
total $23,039 · excluded $23,039
-
8a · Fundraising events: gross income
$20,054
-
8a · Fundraising events: contributions included on line 1c
$354,109
-
8b · Fundraising events: direct expenses
$56,223
-
8c · Net income from fundraising events
total -$36,169 · excluded -$36,169
-
11a · Other revenue: MISCELLANEOUS
total $169,475 · excluded $169,475
-
11e · Other revenue, total
$169,475
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,125,142 · program services $5,125,142
-
5 · Compensation of officers, directors and key employees
total $618,280 · management and general $577,955 · fundraising $40,325
-
7 · Other salaries and wages
total $8,864,068 · program services $7,149,491 · management and general $1,496,765 · fundraising $217,812
-
8 · Pension plan contributions
total $206,071 · program services $175,438 · management and general $26,005 · fundraising $4,628
-
9 · Other employee benefits
total $1,132,668 · program services $900,147 · management and general $203,811 · fundraising $28,710
-
10 · Payroll taxes
total $647,624 · program services $492,234 · management and general $137,916 · fundraising $17,474
-
11b · Fees: legal
total $43,748 · program services $43,748
-
11c · Fees: accounting
total $61,197 · program services $61,197
-
11f · Fees: investment management
total $30,001 · management and general $30,001
-
12 · Advertising and promotion
total $218,077 · program services $168,312 · management and general $49,765
-
13 · Office expenses
total $1,179,147 · program services $486,411 · management and general $562,384 · fundraising $130,352
-
14 · Information technology
total $122,553 · program services $31,004 · management and general $91,549
-
16 · Occupancy
total $2,098,707 · program services $2,047,553 · management and general $45,422 · fundraising $5,732
-
20 · Interest
total $172,401 · management and general $154,872 · fundraising $17,529
-
22 · Depreciation, depletion and amortization
total $10,053 · management and general $10,053
-
23 · Insurance
total $194,475 · management and general $194,475
-
24a · Other expenses: FOOD
total $592,127 · program services $592,127
-
24b · Other expenses: BUSING
total $204,615 · program services $204,615
-
24c · Other expenses: ATHLETICS
total $194,489 · program services $194,489
-
24d · Other expenses: OTHER PROGRAMS
total $76,771 · program services $76,771
-
24e · All other expenses
total $191,506 · program services $126,984 · management and general $64,522
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,106,766 · end of year $1,563,332
-
2 · Savings and temporary cash investments
beginning of year $370,651 · end of year $377,956
-
3 · Pledges and grants receivable
beginning of year $114,340 · end of year $88,193
-
4 · Accounts receivable
beginning of year $39,175 · end of year $4,027
-
8 · Inventories for sale or use
beginning of year $30,062 · end of year $39,593
-
9 · Prepaid expenses and deferred charges
beginning of year $57,416 · end of year $81,986
-
10a · Land, buildings and equipment: cost or other basis
$44,657,587
-
10b · Land, buildings and equipment: accumulated depreciation
$26,061,764
-
10c · Land, buildings and equipment, net
beginning of year $19,569,567 · end of year $18,595,823
-
11 · Investments: publicly traded securities
beginning of year $9,143,718 · end of year $10,071,316
-
12 · Investments: other securities
beginning of year $46,828 · end of year $47,323
-
17 · Accounts payable and accrued expenses
beginning of year $1,925,634 · end of year $1,692,957
-
19 · Deferred revenue
beginning of year $2,948,675 · end of year $2,675,312
-
20 · Tax-exempt bond liabilities
beginning of year $5,300,395 · end of year $4,888,314
-
23 · Secured mortgages and notes payable
beginning of year $305,045 · end of year $163,416
-
25 · Other liabilities
beginning of year $201,735 · end of year $201,735
-
27 · Net assets without donor restrictions
beginning of year $14,808,643 · end of year $14,214,981
-
28 · Net assets with donor restrictions
beginning of year $5,988,396 · end of year $7,032,834
Mission and programs · 2023
Mission
TO TEACH STUDENTS TO THINK INDEPENDENTLY, COMMUNICATE EFFECTIVELY AND ACT WITH RESPECT AND INTEGRITY IN A DIVERSE COMMUNITY THAT MODELS INTELLECTUAL AMBITION, GLOBAL RESPONSIBILITY AND THE JOY OF LEARNING.
Activities or mission (Part I)
TEACH STUDENTS TO THINK INDE- PENDENTLY, COMMUNICATE EFFECTIVELY & ACT WITH RESPECT & INTEGRITY.
-
OPERATE A CO-EDUCATIONAL, NON-DENOMINATIONAL COLLEGE PREPARATORY SCHOOL IN ST. PAUL, MINNESOTA, TEACHING STUDENTS IN GRADES PRE-K THROUGH 12. MOUNDS PARK ACADEMY SERVED APPROXIMATELY 500 STUDENTS. ONE-HUNDRED PERCENT OF THE ACADEMY'S STUDENTS ARE ADMITTED TO FOUR-YEAR COLLEGES AND UNIVERSITIES. THE ACADEMY'S CURRICULUM FOCUSES ON COLLABORATION; EXPERIENTIAL, HANDS-ON LEARNING; AND PROVIDES OVER 70 ACTIVITIES INCLUDING FINE ARTS, ACADEMICS, SOCIAL AWARENESS AND ATHLETICS AT ITS 32 ACRE CAMPUS IN ST. PAUL.
Expenses $17,875,663 · Grants $5,125,142 · Revenue $19,856,347
As filed on the 2023 return.
Listed in Part VII
-
Dr William HudsonDR WILLIAM HUDSON
HEAD OF SCHOOL
- Total calculated
- $354,050
- From this org
- $324,850
- From related orgs
- $0
- Other
- $29,200
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $309,319
- Bonus
- $0
- Other
- $15,531
- Deferred
- $16,000
- Nontaxable benefits
- $13,200
- Filer's total
- $354,050
-
Tiffany Scott KnoxTIFFANY SCOTT KNOX
CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Jeremy DruckerJEREMY DRUCKER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Bridgette ShannonBRIDGETTE SHANNON
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Leah AndersonLEAH ANDERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Todd RoachTODD ROACH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tom SimonsonTOM SIMONSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Craig GrayCRAIG GRAY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
James CordonJAMES CORDON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jason MartinekJASON MARTINEK
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Benjamin SilberglittBENJAMIN SILBERGLITT
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dao YangDAO YANG
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Betsy Van HeckeBETSY VAN HECKE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Katie JacobsKATIE JACOBS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michelle Smith WareMICHELLE SMITH WARE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Paul GoodwinPAUL GOODWIN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Marian HusseinMARIAN HUSSEIN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sally DohertySALLY DOHERTY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Erin Imon GavinERIN IMON GAVIN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Moira Duverneau-SalifuMOIRA DUVERNEAU-SALIFU
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Anthony SandersANTHONY SANDERS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Pat WyantPAT WYANT
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Gina WallraffGINA WALLRAFF
CFO & COO
- Total calculated
- $189,185
- From this org
- $172,104
- From related orgs
- $0
- Other
- $17,081
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,837
- Bonus
- $0
- Other
- $11,267
- Deferred
- $8,750
- Nontaxable benefits
- $8,331
- Filer's total
- $189,185
-
Natalie Waters SeumNATALIE WATERS SEUM
DIRECTOR OF ADMISSION
- Total calculated
- $158,181
- From this org
- $145,666
- From related orgs
- $0
- Other
- $12,515
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,891
- Bonus
- $0
- Other
- $7,775
- Deferred
- $7,030
- Nontaxable benefits
- $5,485
- Filer's total
- $158,181
-
Jay DeanJAY DEAN
ASSISTANT SCHOOL DIRECTOR
- Total calculated
- $162,593
- From this org
- $143,385
- From related orgs
- $0
- Other
- $19,208
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,854
- Bonus
- $0
- Other
- $15,531
- Deferred
- $6,240
- Nontaxable benefits
- $12,968
- Filer's total
- $162,593
-
Lamar ShinglesLAMAR SHINGLES
DIRECTOR OF EQUITY AND BEL
- Total calculated
- $136,653
- From this org
- $127,449
- From related orgs
- $0
- Other
- $9,204
- Hours/week
- 40
-
Mark SegalMARK SEGAL
UPPER SCHOOL DIRECTOR
- Total calculated
- $136,145
- From this org
- $124,920
- From related orgs
- $0
- Other
- $11,225
- Hours/week
- 40
-
Evelyn JohnsonEVELYN JOHNSON
TEACHER
- Total calculated
- $140,280
- From this org
- $124,947
- From related orgs
- $0
- Other
- $15,333
- Hours/week
- 40
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 · Compensation survey or study
- 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
- 2023
- Filed
- 5 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511289349303491
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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