Old Believer Private School is located in Wasilla, AK. 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 12/2022, Old Believer Private School employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Believer Private 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 12/2022, Old Believer Private School generated $257.3k in total revenue. All expenses for the organization totaled $54.6k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE SCHOOL THAT ALLOWS ANY STUDENT INTO THEIR PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILT A SCHOOL HOUSE FOR RUSSIAN CHILDREN EDUCATION. OPENED FOR SCHOOL YEAR 2022 2023
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President | Officer | 20 | $0 |
Name Not Listed Vice President | Officer | 20 | $0 |
Name Not Listed Director | Officer | 20 | $7,200 |
Name Not Listed Director | Officer | 20 | $0 |
Name Not Listed Director | Officer | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $98,173 |
Fundraising events | $92,024 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $67,115 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $257,312 |
Total Program Service Revenue | $0 |
Investment income | $23 |
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 | $257,335 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $23,040 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,763 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $154 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,232 |
Advertising and promotion | $0 |
Office expenses | $608 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,050 |
Interest | $4,694 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,658 |
Insurance | $5,406 |
All other expenses | $0 |
Total functional expenses | $54,605 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $28,639 |
Savings and temporary cash investments | $2,001 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $363,882 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $394,522 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $75,189 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $75,189 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $394,522 |