Totals
- Total revenue
- $8,840,113
- Total expenses
- $8,018,588
- Contributions and grants received
- $285,425
- Grants paid
- $375,872
- Program service revenue
- $7,789,209
- Investment income
- $741,625
- Other revenue
- $23,854
- Total assets, end of year
- $18,022,585
- Total liabilities, end of year
- $3,161,730
- Net assets or fund balances, end of year
- $14,860,855
- Program services expenses (Part IX)
- $6,449,525
- Management and general expenses
- $1,562,237
- Fundraising expenses
- $6,826
- Program service expenses (Part III)
- $6,449,525
Program services were 80.4% 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
$285,425
-
2a · Program service revenue: TUITION REVENUE
total $7,146,339 · related or exempt $7,146,339
-
2b · Program service revenue: OTHER SCHOOL FEES
total $169,281 · related or exempt $169,281
-
2c · Program service revenue: REGISTRATION FEES
total $160,785 · related or exempt $160,785
-
2d · Program service revenue: EXTENDED DAY INCOME
total $112,314 · related or exempt $112,314
-
2e · Program service revenue: LEARNING SUPPORT CENTER INCOM
total $66,628 · related or exempt $66,628
-
2f · All other program service revenue
total $133,862 · related or exempt $133,862
-
3 · Investment income
total $324,305 · excluded $324,305
-
6a · Gross rents
real property $23,600
-
6c · Rental income or loss
real property $23,600
-
6d · Net rental income or loss
total $23,600 · excluded $23,600
-
7a · Gross sales of assets other than inventory
securities $3,351,580
-
7b · Less cost or other basis and sales expenses
securities $2,930,876 · other assets $3,384
-
7c · Gain or loss
securities $420,704 · other assets -$3,384
-
7d · Net gain or loss
total $417,320 · excluded $417,320
-
9a · Gaming: gross income
$19,195
-
9b · Gaming: direct expenses
$10,917
-
9c · Net income from gaming
total $8,278 · excluded $8,278
-
10a · Gross sales of inventory
$13,358
-
10b · Cost of goods sold
$21,382
-
10c · Net income from sales of inventory
total -$8,024 · excluded -$8,024
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $375,872 · program services $375,872
-
5 · Compensation of officers, directors and key employees
total $298,942 · management and general $298,942
-
7 · Other salaries and wages
total $4,056,284 · program services $3,436,964 · management and general $619,320
-
8 · Pension plan contributions
total $116,165 · program services $103,083 · management and general $13,082
-
9 · Other employee benefits
total $437,703 · program services $354,480 · management and general $83,223
-
10 · Payroll taxes
total $317,769 · program services $252,095 · management and general $65,674
-
11c · Fees: accounting
total $78,648 · management and general $78,648
-
11f · Fees: investment management
total $15,011 · management and general $15,011
-
11g · Fees: other
total $50,327 · management and general $50,327
-
12 · Advertising and promotion
total $12,801 · management and general $12,801
-
13 · Office expenses
total $633,215 · program services $590,759 · management and general $35,630 · fundraising $6,826
-
14 · Information technology
total $42,272 · management and general $42,272
-
16 · Occupancy
total $246,882 · program services $240,330 · management and general $6,552
-
17 · Travel
total $34,651 · program services $34,651
-
19 · Conferences, conventions and meetings
total $19,073 · management and general $19,073
-
22 · Depreciation, depletion and amortization
total $553,388 · program services $538,701 · management and general $14,687
-
23 · Insurance
total $102,127 · program services $99,417 · management and general $2,710
-
24a · Other expenses: SPORTS EVENTS EXPENSE
total $195,698 · program services $195,698
-
24b · Other expenses: DEVELOPMENT EXPENSE
total $89,354 · management and general $89,354
-
24c · Other expenses: CAFETERIA EXPENSE
total $81,250 · program services $81,250
-
24d · Other expenses: FIELD TRIP EXPENSE
total $64,131 · program services $64,131
-
24e · All other expenses
total $197,025 · program services $82,094 · management and general $114,931
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $110 · end of year $310
-
2 · Savings and temporary cash investments
beginning of year $2,881,246 · end of year $2,988,598
-
3 · Pledges and grants receivable
end of year $2,140
-
4 · Accounts receivable
beginning of year $63,104 · end of year $46,316
-
8 · Inventories for sale or use
beginning of year $14,297 · end of year $14,297
-
9 · Prepaid expenses and deferred charges
beginning of year $2,600 · end of year $2,600
-
10a · Land, buildings and equipment: cost or other basis
$16,588,088
-
10b · Land, buildings and equipment: accumulated depreciation
$9,160,369
-
10c · Land, buildings and equipment, net
beginning of year $7,395,540 · end of year $7,427,719
-
11 · Investments: publicly traded securities
beginning of year $6,697,779 · end of year $7,471,462
-
15 · Other assets
beginning of year $117,560 · end of year $69,143
-
17 · Accounts payable and accrued expenses
beginning of year $537,584 · end of year $716,714
-
20 · Tax-exempt bond liabilities
beginning of year $2,212,402 · end of year $1,940,522
-
25 · Other liabilities
beginning of year $596,949 · end of year $504,494
-
27 · Net assets without donor restrictions
beginning of year $13,246,423 · end of year $14,220,812
-
28 · Net assets with donor restrictions
beginning of year $578,878 · end of year $640,043
Mission and programs · 2024
Mission
TO OPERATE A PRIVATE ELEMENTARY AND SECONDARY SCHOOL THAT IS AN INDEPENDENT CO-EDUCATIONAL, NON-SECTARIAN COLLEGE PREPARATORY SCHOOL.
-
UNITED PARENTS, INC. IS A PRIVATE SCHOOL PROVIDING EDUCATIONAL INSTRUCTION & RELATED ACTIVITIES TO APPROXIMATELY 566 STUDENTS IN PRE-KINDERGARTEN TO GRADE TWELVE. ALL COSTS ARE INCURRED FOR THIS PURPOSE.
Expenses $6,449,525 · Grants $375,872 · Revenue $7,789,209
As filed on the 2024 return.
Listed in Part VII
-
Allen LoweALLEN LOWE
HEADMASTER
- Total calculated
- $227,632
- From this org
- $216,576
- From related orgs
- $0
- Other
- $11,056
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $216,576
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,377
- Nontaxable benefits
- $1,679
- Filer's total
- $227,632
-
Meredith PenningtonMEREDITH PENNINGTON
DIRECTOR OF
- Total calculated
- $91,040
- From this org
- $81,954
- From related orgs
- $0
- Other
- $9,086
- Hours/week
- 40
-
Brian ChurchBRIAN CHURCH
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 2
-
Carrie DavisCARRIE DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stephen DewSTEPHEN DEW
PAST CHAIRMA
- Total calculated
- $0
- Hours/week
- 2
-
Kimberly InlowKIMBERLY INLOW
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Hays LaceyHAYS LACEY
FINANCE CHAI
- Total calculated
- $0
- Hours/week
- 2
-
Matt RushtonMATT RUSHTON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Stephen ScealsSTEPHEN SCEALS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Curt ScottCURT SCOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan SiskeyJONATHAN SISKEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Alex WillsonALEX WILLSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Smith WilsonSMITH WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
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
- 10 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202513159349304456
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