The mission of The School is to maintain and operate a co-educational private school for grades 6-12.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$118K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $197K a year · 14% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$118K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$132K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+1% vs prior year
Spent
$1.1M
To programs
80%
Net assets
$947K
By yearFY2020–FY2025
Revenue
$1.2M
FY2022▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.2M
FY2022$1.2M
FY2023$1.8M
FY2024$1.7M
FY2025$1.6M
Expenses
$1.1M
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$983K
FY2021$1.1M
FY2022$1.1M
FY2023$1.3M
FY2024$1.4M
FY2025$1.5M
Net assets
$947K
FY2022▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$655K
FY2021$823K
FY2022$947K
FY2023$1.4M
FY2024$1.7M
FY2025$1.8M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $904K Management & general 20% · $219K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $118K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Head of Scho
$117,994Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
William Bennett$147,305$139,118————
William Bennet——$133,930$117,994$110,787$107,227

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a private co-educational school for grades 6-12.

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Provided by the organization

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1 program · $904K · in their own filed words · FY2021
01

Operation of a co-educational private school for grades 6-12.

$904Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1000K
Other incomeLn 4–11$202K
Gifts and grantsLn 1h$45K
Money outPt IX
$1.1M
Ln 25
Programscol B$904K
Managementcol C$219K
Owns and owesPt X
$947K
net assets · Ln 32
Cash and savingsLn 1–2$810K
Total assetsLn 16$1.1M
LiabilitiesLn 26$132K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$45K
Fundraising eventsLn 1c$25K
Fees for servicesLn 2g$1000K
Investment incomeLn 3$232
Other incomeLn 4–11$202K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$94K
SavingsLn 2$716K
Cash and savings togetherLn 1–2$810K
Land, buildings, equipmentLn 10c$242K
Total assetsLn 16$1.1M
LiabilitiesLn 26$132K
Net assetsLn 32$947K
OperationsPt I, VI
EmployeesI 516
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$660K$810K
Land, buildings, equipmentLn 10c$203K$242K
Total assetsLn 16$945K$1.1M
LiabilitiesLn 26$122K$132K
Net assetsLn 32$823K$947K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$126K$50K$75K
Other salaries and wagesLn 7$638K$580K$58K
Other employee benefitsLn 9$66K$54K$12K
Payroll taxesLn 10$61K$50K$11K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$26K$26K
Other fees for servicesLn 11g$2K$790$790
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$12K$1K$10K
Information technologyLn 14$12K$10K$1K
OccupancyLn 16$15K$13K$1K
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$35K$32K$4K
InsuranceLn 23$21K$19K$2K
Other expenses (24a–d)Ln 24$86K$81K$5K
All other expensesLn 24e$12K$11K$1K
Total functional expensesLn 25$1.1M$904K$219K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$1.5M$147K$1.8M 990 PDF
FY2024 $1.7M$1.4M$257K$1.7M 990 PDF
FY2023 $1.8M$1.3M$465K$1.4M 990 PDF
FY2022 Viewing $1.2M$1.1M$125K$947K 990 PDF
FY2021 $1.2M$1.1M$167K$823K 990 PDF
FY2020 $1.0M$983K$21K$655K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,247,625 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $62,515$45,122
I-9 Program service revenuePrior year $986,020$999,941
I-10 Investment incomePrior year $1,742$232
I-11 Other revenuePrior year $182,197$202,330
I-12 Total revenuePrior year $1,232,474$1,247,625
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $856,083$890,201
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $208,898$232,817
I-18 Total expensesPrior year $1,064,981$1,123,018
I-19 Revenue less expensesPrior year $167,493$124,607
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,247,625 across 9 lines filed
VIII-1c Fundraising events$24,900
VIII-1f All other contributions, gifts and grants$20,222
VIII-1h Total contributions, gifts and grants$45,122
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $999,941$999,941
VIII-3 Investment incomeExcluded from tax $232$232
VIII-6 Net rental income or lossExcluded from tax $2,715$2,715
VIII-8 Net income from fundraising events$198,754
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $861$861
VIII-12 Total revenueRelated to mission $1,000,802 · Excluded from tax $2,947$1,247,625
Part IX · Statement of functional expenses $1,123,018 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $50,229 · Management $75,345$125,574
IX-7 Other salaries and wagesPrograms $579,547 · Management $58,398$637,945
IX-9 Other employee benefitsPrograms $54,165 · Management $11,503$65,668
IX-10 Payroll taxesPrograms $50,326 · Management $10,688$61,014
IX-11b Legal feesManagement $3,009$3,009
IX-11c Accounting feesManagement $26,472$26,472
IX-11g Other fees for servicesPrograms $790 · Management $790$1,580
IX-12 Advertising and promotionManagement $5,632$5,632
IX-13 Office expensesPrograms $1,160 · Management $10,440$11,600
IX-14 Information technologyPrograms $10,494 · Management $1,166$11,660
IX-16 OccupancyPrograms $13,310 · Management $1,479$14,789
IX-19 Conferences, conventions and meetingsManagement $2,908$2,908
IX-22 Depreciation, depletion and amortizationPrograms $31,949 · Management $3,550$35,499
IX-23 InsurancePrograms $19,223 · Management $2,136$21,359
IX-24 Other expenses (24a–d)Programs $81,432 · Management $4,553$85,985
IX-24e All other expensesPrograms $11,248 · Management $1,076$12,324
IX-25 Total functional expensesPrograms $903,873 · Management $219,145 · Fundraising $0$1,123,018
Part X · Balance sheet $1,078,659 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $19,249$93,571
X-2 Savings and temporary cash investmentsStart of year $640,922$716,154
X-4 Accounts receivableStart of year $52,119$18,571
X-9 Prepaid expenses and deferred chargesStart of year $6,949$8,283
X-10c Land, buildings and equipment, netStart of year $203,021$242,080
X-16 Total assetsStart of year $945,034$1,078,659
X-17 Accounts payable and accrued expensesStart of year $93,999$103,167
X-19 Deferred revenueStart of year $28,500$28,350
X-26 Total liabilitiesStart of year $122,499$131,517
X-27 Net assets without donor restrictionsStart of year $814,345$940,850
X-28 Net assets with donor restrictionsStart of year $8,190$6,292
X-32 Total net assets or fund balancesStart of year $822,535$947,142
X-33 Total liabilities and net assetsStart of year $945,034$1,078,659
Part XI · Reconciliation of net assets $947,142 net assets at year end
XI-1 Total revenue$1,247,625
XI-2 Total expenses$1,123,018
XI-3 Revenue less expenses$124,607
XI-4 Net assets at start of year$822,535
XI-10 Net assets at end of year$947,142

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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