Totals
- Total revenue
- $19,546,764
- Total expenses
- $19,935,572
- Contributions and grants received
- $1,585,192
- Grants paid
- $2,719,059
- Program service revenue
- $17,739,987
- Investment income
- $56,728
- Other revenue
- $164,857
- Total assets, end of year
- $55,142,036
- Total liabilities, end of year
- $7,266,727
- Net assets or fund balances, end of year
- $47,875,309
- Program services expenses (Part IX)
- $15,245,239
- Management and general expenses
- $3,909,707
- Fundraising expenses
- $780,626
- Program service expenses (Part III)
- $15,245,239
Program services were 76.5% 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
$305,458
-
1f · All other contributions, gifts and grants
$1,279,734
-
1g · Noncash contributions included above
$143,637
-
2a · Program service revenue: TUITION & FEES
total $17,033,622 · related or exempt $17,033,622
-
2b · Program service revenue: AUXILIARY SERVICES - EXEMPT
total $356,920 · related or exempt $356,920
-
2c · Program service revenue: AUXILIARY SERVICES - TAXABLE
total $251,006 · unrelated business $251,006
-
2d · Program service revenue: OTHER PROGRAM REVENUE
total $98,439 · related or exempt $98,439
-
3 · Investment income
total $75,494 · excluded $75,494
-
7a · Gross sales of assets other than inventory
other assets $300
-
7b · Less cost or other basis and sales expenses
other assets $19,066
-
7c · Gain or loss
other assets -$18,766
-
7d · Net gain or loss
total -$18,766 · related or exempt -$18,766
-
8a · Fundraising events: gross income
$210,283
-
8a · Fundraising events: contributions included on line 1c
$305,458
-
8b · Fundraising events: direct expenses
$94,808
-
8c · Net income from fundraising events
total $115,475 · excluded $115,475
-
10a · Gross sales of inventory
$133,900
-
10b · Cost of goods sold
$85,973
-
10c · Net income from sales of inventory
total $47,927 · related or exempt $47,927
-
11a · Other revenue: RENTAL INCOME
total $1,455 · related or exempt $1,455
-
11e · Other revenue, total
$1,455
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,719,059 · program services $2,719,059
-
5 · Compensation of officers, directors and key employees
total $312,763 · management and general $218,934 · fundraising $93,829
-
7 · Other salaries and wages
total $8,079,228 · program services $6,157,916 · management and general $1,613,944 · fundraising $307,368
-
8 · Pension plan contributions
total $415,762 · program services $265,741 · management and general $131,001 · fundraising $19,020
-
9 · Other employee benefits
total $859,825 · program services $549,875 · management and general $270,593 · fundraising $39,357
-
10 · Payroll taxes
total $648,199 · program services $412,287 · management and general $206,403 · fundraising $29,509
-
11b · Fees: legal
total $147,125 · management and general $147,125
-
11c · Fees: accounting
total $72,088 · management and general $72,088
-
11f · Fees: investment management
total $1,310 · management and general $1,310
-
12 · Advertising and promotion
total $64,824 · management and general $64,824
-
13 · Office expenses
total $113,624 · program services $10,661 · management and general $102,963
-
14 · Information technology
total $308,771 · program services $135,535 · management and general $135,799 · fundraising $37,437
-
16 · Occupancy
total $428,869 · program services $384,154 · management and general $40,039 · fundraising $4,676
-
17 · Travel
total $83 · management and general $83
-
22 · Depreciation, depletion and amortization
total $1,046,281 · program services $827,609 · management and general $198,793 · fundraising $19,879
-
23 · Insurance
total $1,169,912 · program services $1,048,063 · management and general $109,106 · fundraising $12,743
-
24a · Other expenses: FACILITIES EXPENSES
total $1,384,557 · program services $1,210,518 · management and general $154,494 · fundraising $19,545
-
24b · Other expenses: SPORTS
total $405,641 · program services $405,641
-
24c · Other expenses: LUNCH PROGRAM
total $276,197 · program services $276,197
-
24d · Other expenses: DISCRETIONARY FUND
total $145,379 · program services $145,379
-
24e · All other expenses
total $1,336,075 · program services $696,604 · management and general $442,208 · fundraising $197,263
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7
-
2 · Savings and temporary cash investments
beginning of year $15,228,357 · end of year $13,490,003
-
3 · Pledges and grants receivable
beginning of year $147,165 · end of year $107,775
-
4 · Accounts receivable
beginning of year $803,605 · end of year $466,045
-
8 · Inventories for sale or use
beginning of year $21,331 · end of year $22,116
-
10a · Land, buildings and equipment: cost or other basis
$36,165,868
-
10b · Land, buildings and equipment: accumulated depreciation
$22,891,289
-
10c · Land, buildings and equipment, net
beginning of year $13,475,439 · end of year $13,274,579
-
11 · Investments: publicly traded securities
beginning of year $23,598,501 · end of year $25,008,871
-
14 · Intangible assets
end of year $32,031
-
15 · Other assets
beginning of year $1,119,231 · end of year $2,740,616
-
17 · Accounts payable and accrued expenses
beginning of year $715,514 · end of year $480,093
-
19 · Deferred revenue
beginning of year $7,015,853 · end of year $6,652,822
-
25 · Other liabilities
beginning of year $248,234 · end of year $133,812
-
27 · Net assets without donor restrictions
beginning of year $28,168,752 · end of year $29,286,477
-
28 · Net assets with donor restrictions
beginning of year $18,245,283 · end of year $18,588,832
Mission and programs · 2022
Mission
SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONG LEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGH PREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPAL TRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHO WORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND.
Activities or mission (Part I)
SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONGLEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGHPREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPALTRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHOWORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND.
-
ST. EDWARD'S SCHOOL PROVIDES EDUCATION FOR PRIMARY, INTERMEDIATE AND SECONDARY STUDENTS. APPROXIMATELY 674 STUDENTS WERE SERVED.
Expenses $14,245,254 · Grants $2,719,059 · Revenue $17,178,403
-
ST. EDWARD'S SCHOOL PROVIDES SEVERAL AUXILIARY SERVICES SUCH AS A SUMMER CAMP PROGRAM, RECREATIONAL/CLUB SWIM TEAM, TUTORIAL CENTER, AND EXTENDED DAY CARE.
Expenses $999,985 · Revenue $592,200
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adam LogemannADAM LOGEMANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Andrew RussellANDREW RUSSELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John HurynJOHN HURYN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Darren SylviaDARREN SYLVIA
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 8
-
Elson SmithELSON SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Richard SamethRICHARD SAMETH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John LowenbergJOHN LOWENBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jason OrzechowskiJASON ORZECHOWSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Greg RosencranceGREG ROSENCRANCE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Richard McDermottRICHARD MCDERMOTT
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Roman Ortega-CowanROMAN ORTEGA-COWAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stuart RogersSTUART ROGERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Wendy PorterWENDY PORTER
CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Stuart HirsteinSTUART HIRSTEIN
HEAD OF SCHOOL
- Total calculated
- $327,309
- From this org
- $291,526
- From related orgs
- $0
- Other
- $35,783
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $289,644
- Bonus
- $0
- Other
- $1,882
- Deferred
- $27,379
- Nontaxable benefits
- $8,404
- Filer's total
- $327,309
-
Beth ZamerskiBETH ZAMERSKI
ASSOC HEAD OF SCHOOL-FINAN
- Total calculated
- $188,592
- From this org
- $169,829
- From related orgs
- $0
- Other
- $18,763
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,829
- Bonus
- $0
- Other
- $0
- Deferred
- $10,190
- Nontaxable benefits
- $8,573
- Filer's total
- $188,592
-
John MacmullanJOHN MACMULLAN
HEAD OF UPPER SCHOOL
- Total calculated
- $187,979
- From this org
- $169,497
- From related orgs
- $0
- Other
- $18,482
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,497
- Bonus
- $0
- Other
- $0
- Deferred
- $10,170
- Nontaxable benefits
- $8,312
- Filer's total
- $187,979
-
Louise DunnLOUISE DUNN
HEAD OF LOWER SCHOOL
- Total calculated
- $136,594
- From this org
- $121,814
- From related orgs
- $0
- Other
- $14,780
- Hours/week
- 40
-
Quentin VoylesQUENTIN VOYLES
DIRECTOR OF TECHNOLOGY
- Total calculated
- $135,279
- From this org
- $120,587
- From related orgs
- $0
- Other
- $14,692
- 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
- 1a · Travel for companions
- 1a · Discretionary spending account
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 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
- THE FOLLOWING BENEFITS ARE PROVIDED TO STUART HIRSTEIN, THE HEAD OF SCHOOL: 1) DISCRETIONARY SPENDING ACCOUNT:THE DISCRETIONARY ACCOUNT IS AN AMOUNT IN THE SCHOOL'S BUDGET EACH YEAR THAT THE HEAD OF SCHOOL IS ALLOWED TO DIRECT THE SPENDING. IT MUST ONLY BE USED FOR SCHOOL EXPENSES, NOT PERSONAL EXPENSES. 2) HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: A RESIDENCE FOR PERSONAL USE IS PROVIDED TO THE HEAD OF SCHOOL. THE VALUE OF THE BENEFIT IS ESTIMATED TO BE $96,000 AND IS NOT TREATED AS TAXABLE COMPENSATION. 3) HEALTH OR SOCIAL CLUB DUES: THE HEAD OF SCHOOL RECEIVED $6,179 FOR CLUB DUES PART OF WHICH WAS TREATED AS TAXABLE COMPENSATION. 4) TRAVEL FOR COMPANIONS: THE HEAD OF SCHOOL ATTENDS AN ANNUAL CONFERENCE FOR HEAD OF SCHOOLS NATIONWIDE. THE CONFERENCE INCLUDES PROGRAMMING FOR SPOUSES AND INCLUDES SPOUSES IN THE CONFERENCE. THE SCHOOL PAYS TRAVEL COSTS FOR THE HEAD OF SCHOOL SPOUSE ONLY FOR THIS CONFERENCE.
- PART I, LINE 7
- YES, ALL FULL-TIME EMPLOYEES RECEIVED A $1,000 BONUS.
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
- 19 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401149349302020
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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