German International School Boston Inc is located in Allston, MA. The organization was established in 2005. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, German International School Boston Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German International School Boston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, German International School Boston Inc generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $10.9m during the year ending 06/2023. While expenses have increased by 11.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION FROM PRE-SCHOOL THROUGH GRADE 12 PROVIDING THE LANGUAGE AND CULTURE OF GERMANY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES A GERMAN EDUCATION FOR STUDENTS IN GRADES PRESCHOOL THROUGH GRADE 12. THE SCHOOL SERVES MORE THAN 280 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ulrike Bagehorn President | OfficerTrustee | 8 | $0 |
Torin Koester Treasurer | OfficerTrustee | 4 | $0 |
Martina Stippler Secretary | OfficerTrustee | 4 | $0 |
Roy Goldschmitt Trustee | Trustee | 4 | $0 |
Alexandra Gross Trustee | Trustee | 4 | $0 |
Tilman Kispersky Trustee | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,856,610 |
All other contributions, gifts, grants, and similar amounts not included above | $137,332 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,993,942 |
Total Program Service Revenue | $9,097,539 |
Investment income | $145,548 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$17,537 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,219,492 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $686,341 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $292,305 |
Compensation of current officers, directors, key employees. | $58,461 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,217,619 |
Pension plan accruals and contributions | $119,946 |
Other employee benefits | $290,024 |
Payroll taxes | $383,012 |
Fees for services: Management | $0 |
Fees for services: Legal | $38,774 |
Fees for services: Accounting | $24,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $49,648 |
Advertising and promotion | $45,249 |
Office expenses | $236,515 |
Information technology | $63,456 |
Royalties | $0 |
Occupancy | $1,036,112 |
Travel | $12,456 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $25,108 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $515,669 |
Insurance | $81,480 |
All other expenses | $6,598 |
Total functional expenses | $10,905,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $699,748 |
Savings and temporary cash investments | $5,527,548 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,813 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $158,678 |
Net Land, buildings, and equipment | $3,081,665 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,489,508 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,004,326 |
Total assets | $12,972,286 |
Accounts payable and accrued expenses | $542,996 |
Grants payable | $0 |
Deferred revenue | $3,290,428 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $642,439 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,999,773 |
Total liabilities | $6,475,636 |
Net assets without donor restrictions | $6,471,308 |
Net assets with donor restrictions | $25,342 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $12,972,286 |