The Harker School is located in San Jose, 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 05/2024, Harker School employed 994 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harker 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 05/2024, Harker School generated $134.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $112.4m during the year ending 05/2024. While expenses have increased by 2.9% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
COLLEGE PREP EDUCATION WITH EMPHASIS ON KINDNESS, RESPECT AND INTEGRITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HARKER SCHOOL IS A COEDUCATIONAL, INDEPENDENT, COLLEGE-PREPARATORY DAY SCHOOL SERVING STUDENTS IN TK-12TH GRADE. THE SCHOOL'S GOAL IS TO DEVELOP LIFELONG LEARNERS AND WELL-ROUNDED GLOBAL CITIZENS. THROUGH COMPREHENSIVE ACADEMIC AND CHARACTER DEVELOPMENT PROGRAMS, THE HARKER SCHOOL PROVIDES A CHALLENGING AND BALANCED EDUCATION FOR COLLEGE-BOUND STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marie Clifford Trustee | Trustee | 5 | $0 |
Becky Cox Trustee | Trustee | 5 | $0 |
Steve Lajala Trustee | Trustee | 5 | $0 |
John B Owens Chair Of The Board | Trustee | 5 | $0 |
Satish Dharmaraj Trustee | Trustee | 5 | $0 |
Surbhi Sarna Trustee | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Academic Expeditions Inc Travel Agency For Group Student Travel | 5/30/24 | $1,159,681 |
Accel Air Systems Inc Hvac Services | 5/30/24 | $875,701 |
It Management Corporation It Services | 5/30/24 | $675,234 |
Talisman Networks Inc Telecommunication And Data Netwok Wiring | 5/30/24 | $575,494 |
Buswest Llc Bussing Services | 5/30/24 | $548,361 |
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 | $12,489,594 |
Noncash contributions included in lines 1a–1f | $3,289,023 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,489,594 |
Total Program Service Revenue | $116,270,647 |
Investment income | $3,091,808 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $790,513 |
Net Gain/Loss on Asset Sales | $1,341,495 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $133,984,057 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $9,000,975 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,486,250 |
Compensation of current officers, directors, key employees. | $1,486,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $50,906,331 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,000,377 |
Payroll taxes | $3,774,048 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,095,871 |
Fees for services: Accounting | $105,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $263,861 |
Fees for services: Other | $0 |
Advertising and promotion | $688,651 |
Office expenses | $0 |
Information technology | $1,610,823 |
Royalties | $0 |
Occupancy | $3,114,816 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $606,610 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,777,941 |
Insurance | $1,222,148 |
All other expenses | $2,833,538 |
Total functional expenses | $112,395,473 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,556,835 |
Savings and temporary cash investments | $49,922,105 |
Pledges and grants receivable | $3,322,901 |
Accounts receivable, net | $313,516 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $96,769 |
Prepaid expenses and deferred charges | $896,147 |
Net Land, buildings, and equipment | $203,752,150 |
Investments—publicly traded securities | $79,841,895 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $340,702,318 |
Accounts payable and accrued expenses | $11,333,258 |
Grants payable | $0 |
Deferred revenue | $13,712,012 |
Tax-exempt bond liabilities | $24,783,932 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $523,239 |
Total liabilities | $50,352,441 |
Net assets without donor restrictions | $272,097,420 |
Net assets with donor restrictions | $18,252,457 |
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 | $340,702,318 |