Parker School FY2022 filing

Tax-deductible

Kamuela, HI501(c)(3)Since 1996EducationEIN 99-0329799Revenue $10.3M in FY2022

On file with the IRSparkerschoolhawaii.org65-1224 Lindsey Rd, 96743-8438 · Kamuela, HITax-exempt since Jan 1997School — 170(b)(1)(A)(ii)

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At Parker School, every student is known, valued and nurtured. Our small-School setting and dynamic program foster confident, compassionate individuals who are thoroughly prepared for college, who enthusiastically engage in life and who positively contribute to an ever-changing global community.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$385K 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 $4.6M a year · 34% 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
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$385K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.3M
-43% vs prior year
Spent
$8.8M
To programs
85%
Net assets
$72.1M
By yearFY2020–FY2025
Revenue
$10.3M
FY2022▼ -43%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.9M
FY2021$18.2M
FY2022$10.3M
FY2023$16.9M
FY2024$13.5M
FY2025$12.1M
Expenses
$8.8M
FY2022▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.8M
FY2021$7.9M
FY2022$8.8M
FY2023$9.0M
FY2024$9.5M
FY2025$10.3M
Net assets
$72.1M
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$62.3M
FY2021$74.7M
FY2022$72.1M
FY2023$79.6M
FY2024$83.8M
FY2025$86.4M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1997.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $7.5M Management & general 12% · $1.1M Fundraising 3% · $279K

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

12 people listed on the 990; $385K 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 School
$187,429Pt VII · Sec A
Assistant Head of School
$101,431Pt VII · Sec A
Chief Operating Officer
$96,271Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President and Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Stephen Dunn’s $231K as Head of School is at the 47th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Stephen Dunn$230,560$223,515$203,386$187,429$104,962—
Carl Sturges————$110,208$210,734
David Clarke$129,944$113,861————
Eric Sills$106,387$103,289$100,235———
Brandon Rogers——$102,036$101,431——
Gerardo Delgado———$96,271$91,102$90,637
Robert McKendry$93,710$91,840$66,708———

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

Educates students from kindergarten through 12th grade for college.

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Provided by the organization

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1 program · $7.5M · in their own filed words · FY2021
01

Operation of parker school to provide primary and secondary education to approximately 330 students.

$7.5Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$50K
Grants paid · 18 grants · $8.8M · 2019–2024
Unitemized GrantFY2024$1,053,246
Unitemized GrantFY2024$536,500
Unitemized GrantFY2024$8,500
Unitemized GrantFY2023$917,704
Unitemized GrantFY2023$539,500
Unitemized GrantFY2023$4,857
Unitemized GrantFY2022$846,185
Unitemized GrantFY2022$463,802
Unitemized GrantFY2022$5,194
Unitemized GrantFY2021$948,075
Unitemized GrantFY2021$530,965
Unitemized GrantFY2021$5,094
Unitemized GrantFY2020$1,322,795
Unitemized GrantFY2020$432,842
Unitemized GrantFY2020$4,327
Unitemized GrantFY2019$745,128
Unitemized GrantFY2019$472,199
Unitemized GrantFY2019$5,919

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$10.3M
Ln 12
Fees for servicesLn 2g$6.4M
Gifts and grantsLn 1h$3.5M
Investment incomeLn 3$357K
Money outPt IX
$8.8M
Ln 25
Programscol B$7.5M
Managementcol C$1.1M
Fundraisingcol D$279K
Owns and owesPt X
$72.1M
net assets · Ln 32
Cash and savingsLn 1–2$561K
Total assetsLn 16$73.1M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.5M
Government grantsLn 1e$373K
Noncash giftsLn 1g$830K
Fundraising eventsLn 1c$411K
Fees for servicesLn 2g$6.4M
Investment incomeLn 3$357K
Other incomeLn 4–11$59K
Gains on assetsLn 7$45K
Total revenueLn 12$10.3M
Assets in detailPt X, end of year
CashLn 1$561K
Cash and savings togetherLn 1–2$561K
InvestmentsLn 11–13$22.1M
Land, buildings, equipmentLn 10c$10.9M
Other assetsLn 15$38.3M
Total assetsLn 16$73.1M
LiabilitiesLn 26$1.0M
Net assetsLn 32$72.1M
OperationsPt I, VI
EmployeesI 5123
VolunteersI 675
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$880K$561K
InvestmentsLn 11–13$20.8M$22.1M
Land, buildings, equipmentLn 10c$10.4M$10.9M
Total assetsLn 16$75.8M$73.1M
LiabilitiesLn 26$1.1M$1.0M
Net assetsLn 32$74.7M$72.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.5M$1.5M
Pay of current officers, directors and key staffLn 5$387K$209K$108K$70K
Other salaries and wagesLn 7$3.7M$3.2M$354K$120K
Pension plan contributionsLn 8$246K$218K$23K$6K
Other employee benefitsLn 9$374K$332K$33K$8K
Payroll taxesLn 10$293K$249K$32K$12K
Legal feesLn 11b$28K$28K
Accounting feesLn 11c$87K$87K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$190K$64K$123K$3K
Office expensesLn 13$39K$24K$8K$7K
Information technologyLn 14$147K$125K$16K$6K
OccupancyLn 16$95K$76K$16K$3K
TravelLn 17$22K$22K$95
Conferences, conventions and meetingsLn 19$2K$255$211$1K
InterestLn 20$216$216
Depreciation, depletion and amortizationLn 22$267K$214K$45K$8K
InsuranceLn 23$146K$123K$18K$5K
Other expenses (24a–d)Ln 24$1.1M$963K$85K$4K
All other expensesLn 24e$249K$143K$79K$27K
Total functional expensesLn 25$8.8M$7.5M$1.1M$279K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.1M$10.3M$1.8M$86.4M 990 PDF
FY2024 $13.5M$9.5M$4.0M$83.8M 990 PDF
FY2023 $16.9M$9.0M$7.9M$79.6M 990 PDF
FY2022 Viewing $10.3M$8.8M$1.5M$72.1M 990 PDF
FY2021 $18.2M$7.9M$10.3M$74.7M 990 PDF
FY2020 $8.9M$6.8M$2.1M$62.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $10,331,348 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,831,980$3,491,572
I-9 Program service revenuePrior year $5,766,420$6,423,484
I-10 Investment incomePrior year $493,111$357,372
I-11 Other revenuePrior year $60,875$58,920
I-12 Total revenuePrior year $18,152,386$10,331,348
I-13 Grants and similar amounts paidPrior year $1,759,964$1,484,134
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,333,042$5,014,732
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,803,212$2,326,629
I-18 Total expensesPrior year $7,896,218$8,825,495
I-19 Revenue less expensesPrior year $10,256,168$1,505,853
Part VI · Governance 7 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
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 $10,331,348 across 13 lines filed
VIII-1c Fundraising events$411,482
VIII-1d Related organizations$588,081
VIII-1e Government grants$373,025
VIII-1f All other contributions, gifts and grants$2,118,984
VIII-1g Noncash contributions (included above)$829,847
VIII-1h Total contributions, gifts and grants$3,491,572
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,423,484$6,423,484
VIII-3 Investment incomeExcluded from tax $312,436$312,436
VIII-6 Net rental income or lossExcluded from tax $78,810$78,810
VIII-7 Net gain or loss on sales of assetsExcluded from tax $44,936$44,936
VIII-8 Net income from fundraising eventsExcluded from tax −$40,103−$40,103
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $20,213$20,213
VIII-12 Total revenueRelated to mission $6,443,697 · Unrelated business $0 · Excluded from tax $396,079$10,331,348
Part IX · Statement of functional expenses $8,825,495 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $1,484,134$1,484,134
IX-5 Pay of current officers, directors and key staffPrograms $209,220 · Management $108,485 · Fundraising $69,740$387,445
IX-7 Other salaries and wagesPrograms $3,240,407 · Management $353,743 · Fundraising $119,862$3,714,012
IX-8 Pension plan contributionsPrograms $217,629 · Management $22,647 · Fundraising $6,183$246,459
IX-9 Other employee benefitsPrograms $332,101 · Management $33,159 · Fundraising $8,405$373,665
IX-10 Payroll taxesPrograms $249,178 · Management $32,247 · Fundraising $11,726$293,151
IX-11b Legal feesManagement $28,405$28,405
IX-11c Accounting feesManagement $86,861$86,861
IX-11f Investment management feesManagement $2,997$2,997
IX-11g Other fees for servicesPrograms $63,505 · Management $123,484 · Fundraising $2,730$189,719
IX-13 Office expensesPrograms $23,831 · Management $7,546 · Fundraising $7,251$38,628
IX-14 Information technologyPrograms $124,739 · Management $16,466 · Fundraising $5,785$146,990
IX-16 OccupancyPrograms $75,666 · Management $16,079 · Fundraising $2,837$94,582
IX-17 TravelPrograms $21,733 · Management $95$21,828
IX-19 Conferences, conventions and meetingsPrograms $255 · Management $211 · Fundraising $1,414$1,880
IX-20 InterestPrograms $216$216
IX-22 Depreciation, depletion and amortizationPrograms $213,884 · Management $45,450 · Fundraising $8,021$267,355
IX-23 InsurancePrograms $122,774 · Management $18,277 · Fundraising $5,064$146,115
IX-24 Other expenses (24a–d)Programs $963,303 · Management $85,176 · Fundraising $3,673$1,052,152
IX-24e All other expensesPrograms $142,822 · Management $79,404 · Fundraising $26,675$248,901
IX-25 Total functional expensesPrograms $7,485,397 · Management $1,060,732 · Fundraising $279,366$8,825,495
Part X · Balance sheet $73,118,395 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $880,142$560,855
X-3 Pledges and grants receivableStart of year $2,528,966$1,067,164
X-4 Accounts receivableStart of year $98,873$55,799
X-9 Prepaid expenses and deferred chargesStart of year $16,804$72,682
X-10c Land, buildings and equipment, netStart of year $10,395,513$10,938,016
X-11 Publicly traded securitiesStart of year $20,796,571$22,130,439
X-15 Other assetsStart of year $41,085,847$38,293,440
X-16 Total assetsStart of year $75,802,716$73,118,395
X-17 Accounts payable and accrued expensesStart of year $525,522$670,795
X-19 Deferred revenueStart of year $619,960$353,854
X-26 Total liabilitiesStart of year $1,145,482$1,024,649
X-27 Net assets without donor restrictionsStart of year $18,980,426$18,795,484
X-28 Net assets with donor restrictionsStart of year $55,676,808$53,298,262
X-32 Total net assets or fund balancesStart of year $74,657,234$72,093,746
X-33 Total liabilities and net assetsStart of year $75,802,716$73,118,395
Part XI · Reconciliation of net assets $72,093,746 net assets at year end
XI-1 Total revenue$10,331,348
XI-2 Total expenses$8,825,495
XI-3 Revenue less expenses$1,505,853
XI-4 Net assets at start of year$74,657,234
XI-5 Net unrealized gains (losses) on investments−$1,277,150
XI-9 Other changes in net assets−$2,792,191
XI-10 Net assets at end of year$72,093,746

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

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