Bowman International School is located in Palo Alto, CA. The organization was established in 1995. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 08/2023, Bowman International School employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bowman International School 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 08/2023, Bowman International School generated $10.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $10.5m during the year ending 08/2023. While expenses have increased by 6.9% 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
TO OPERATE A SCHOOL PROVIDING THE GENERAL PUBLIC A TUITION-BASED EDUCATIONAL PROGRAM FOR STUDENTS FROM PRESCHOOL THROUGH EIGHTH GRADE BASED UPON, BUT NOT LIMITED TO, AN INTERNATIONAL AND MONTESSORI CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PRESCHOOL, ELEMENTARY AND MIDDLE SCHOOL PROGRAM THAT OFFERS INDIVIDUALIZED AND SELF-INITIATED LEARNING AND ENCOURAGES INTELLECTUAL AND SOCIAL DEVELOPMENT IN THE CONTEXT OF A GLOBAL ECONOMY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary E Ricks President | Officer | 40 | $261,311 |
Erin Knight Dir. Childn House | 40 | $105,399 | |
Nancy Coza Teacher | 40 | $104,451 | |
Hamilton Bynoe Teacher | 40 | $103,622 | |
Dominic Pedraza Enrichmt Lvl Lead | 40 | $101,801 | |
Stephen E Escher Director Of P.arts | 40 | $101,286 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cjw Architecture Architecture | 8/30/21 | $155,906 |
The Color Craftsman Painting & Remodeling | 8/30/21 | $111,100 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $389,051 |
Noncash contributions included in lines 1a–1f | $14,549 |
Total Revenue from Contributions, Gifts, Grants & Similar | $389,051 |
Total Program Service Revenue | $10,270,600 |
Investment income | $31 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$571 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,659,677 |
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. | $269,150 |
Compensation of current officers, directors, key employees. | $53,830 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,911,498 |
Pension plan accruals and contributions | $128,721 |
Other employee benefits | $1,046,249 |
Payroll taxes | $409,847 |
Fees for services: Management | $0 |
Fees for services: Legal | $31,032 |
Fees for services: Accounting | $24,199 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $109,390 |
Advertising and promotion | $48,764 |
Office expenses | $116,519 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $139,030 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $17,383 |
Conferences, conventions, and meetings | $0 |
Interest | $904,087 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,065,678 |
Insurance | $104,344 |
All other expenses | $315,693 |
Total functional expenses | $10,533,046 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $6,891,310 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,832 |
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 | $295,836 |
Net Land, buildings, and equipment | $38,265,406 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $69,982 |
Total assets | $45,528,366 |
Accounts payable and accrued expenses | $421,028 |
Grants payable | $0 |
Deferred revenue | $2,547,683 |
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 | $26,648,325 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $18,000 |
Total liabilities | $29,635,036 |
Net assets without donor restrictions | $15,863,238 |
Net assets with donor restrictions | $30,092 |
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 | $45,528,366 |