Princeton Junior School Inc is located in Lawrenceville, NJ. The organization was established in 1984. As of 06/2023, Princeton Junior School Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Junior School 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, Princeton Junior School Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 8 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
PRIVATE SCHOOL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EDUCATIONAL INSTRUCTION TO STUDENTS FROM PRE-SCHOOL THROUGH SIXTH GRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Silvana Clark Head Of Scho | Officer | 60 | $153,525 |
Terese Gara Director Of | Officer | 40 | $116,921 |
Katryna Carter Member | Trustee | 5 | $0 |
John Comegno Member | Trustee | 5 | $0 |
Duewa Edwards-Dickson Member | Trustee | 5 | $0 |
Brian Hayes Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $569,466 |
All other contributions, gifts, grants, and similar amounts not included above | $467,919 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,037,385 |
Total Program Service Revenue | $2,664,015 |
Investment income | $35,088 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,737,679 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $270,446 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,116,644 |
Pension plan accruals and contributions | $16,081 |
Other employee benefits | $111,300 |
Payroll taxes | $111,630 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,961 |
Fees for services: Accounting | $12,906 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $89,172 |
Advertising and promotion | $27,339 |
Office expenses | $14,621 |
Information technology | $18,804 |
Royalties | $0 |
Occupancy | $158,675 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,947 |
Interest | $24,442 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $128,494 |
Insurance | $62,708 |
All other expenses | $13,370 |
Total functional expenses | $3,101,479 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $326,193 |
Savings and temporary cash investments | $1,246,764 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,071 |
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 | $18,983 |
Net Land, buildings, and equipment | $3,065,868 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $318,879 |
Total assets | $4,983,758 |
Accounts payable and accrued expenses | $147,769 |
Grants payable | $0 |
Deferred revenue | $463,680 |
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 | $627,342 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,238,791 |
Net assets without donor restrictions | $3,261,859 |
Net assets with donor restrictions | $483,108 |
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 | $4,983,758 |