Civic Intelligence

Tuxedo Park School

EIN 14-1364656 • 501(c)3 • Tuxedo Park, NY

Profile

Tuxedo park school honors effort and excellence, inspires a lifelong love of learning, celebrates each student, and values its traditions and historic community. The school prepares students for a changing world and nurtures its core values: be kind, be fair, be responsible.

Camp Comfort RoadTuxedo Park, NY 10987

tuxedoparkschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.44x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$213,730

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

21st percentile

-3.7%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

17%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$12,073,354

Down $465,914 (-3.7%) from 2023

Liabilities

Up

$2,834,954

Up $4,093 (+0.1%) from 2023

Net Assets

Down

$9,238,400

Down $470,007 (-4.8%) from 2023

Revenue

Up

$6,381,856

Up $928,655 (+17%) from 2023

Expenses

Down

$7,325,798

Down $458,804 (-5.9%) from 2023

Net Income

Up

-$943,942

Up $1,387,459 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2012: $18,933,362Liabilities 2012: $7,419,392Net Assets 2012: $11,513,9702012Assets 2013: $14,669,747Liabilities 2013: $2,941,197Net Assets 2013: $11,728,5502013Assets 2014: $15,451,600Liabilities 2014: $2,923,596Net Assets 2014: $12,528,0042014Assets 2015: $15,467,067Liabilities 2015: $2,932,228Net Assets 2015: $12,534,8392015Assets 2016: $15,017,609Liabilities 2016: $2,921,340Net Assets 2016: $12,096,2692016Assets 2017: $15,938,301Liabilities 2017: $2,988,394Net Assets 2017: $12,949,9072017Assets 2018: $16,040,728Liabilities 2018: $2,876,412Net Assets 2018: $13,164,3142018Assets 2019: $15,431,329Liabilities 2019: $2,882,108Net Assets 2019: $12,549,2212019Assets 2020: $14,531,309Liabilities 2020: $3,335,309Net Assets 2020: $11,196,0002020Assets 2021: $15,494,568Liabilities 2021: $2,242,327Net Assets 2021: $13,252,2412021Assets 2022: $13,035,135Liabilities 2022: $1,555,799Net Assets 2022: $11,479,3362022Assets 2023: $12,539,268Liabilities 2023: $2,830,861Net Assets 2023: $9,708,4072023Assets 2024: $12,073,354Liabilities 2024: $2,834,954Net Assets 2024: $9,238,4002024

Highlighted filing

2024

Assets$12,073,354
Liabilities$2,834,954
Net Assets$9,238,400

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2012: $7,823,3582012Expenses 2013: $8,456,1152013Revenue 2014: $8,605,714Expenses 2014: $8,573,611Net Income 2014: $32,1032014Revenue 2015: $8,982,675Expenses 2015: $8,897,550Net Income 2015: $85,1252015Revenue 2016: $8,143,282Expenses 2016: $8,244,332Net Income 2016: -$101,0502016Revenue 2017: $8,019,543Expenses 2017: $7,881,437Net Income 2017: $138,1062017Revenue 2018: $8,051,615Expenses 2018: $8,106,124Net Income 2018: -$54,5092018Revenue 2019: $7,220,189Expenses 2019: $7,835,282Net Income 2019: -$615,0932019Revenue 2020: $6,252,950Expenses 2020: $7,606,171Net Income 2020: -$1,353,2212020Revenue 2021: $9,375,079Expenses 2021: $7,318,838Net Income 2021: $2,056,2412021Revenue 2022: $5,973,327Expenses 2022: $8,048,800Net Income 2022: -$2,075,4732022Revenue 2023: $5,453,201Expenses 2023: $7,784,602Net Income 2023: -$2,331,4012023Revenue 2024: $6,381,856Expenses 2024: $7,325,798Net Income 2024: -$943,9422024

Highlighted filing

2024

Revenue$6,381,856
Expenses$7,325,798
Net Income-$943,942

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$2.83$9.24$6.38$7.33$0.94
2023Summary only. Only limited summary data is available for this year.$12.5$2.83$9.71$5.45$7.78$2.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$1.56$11.5$5.97$8.05$2.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$2.24$13.3$9.38$7.32$2.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$3.34$11.2$6.25$7.61$1.35
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$2.88$12.5$7.22$7.84$0.62
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$2.88$13.2$8.05$8.11$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$2.99$12.9$8.02$7.88$0.14
2016Summary only. Only limited summary data is available for this year.$15.0$2.92$12.1$8.14$8.24$0.10
2015Summary only. Only limited summary data is available for this year.$15.5$2.93$12.5$8.98$8.90$0.09
2014Detailed filing. Detailed filing data is available for this year.$15.5$2.92$12.5$8.61$8.57$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$2.94$11.7$8.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$7.42$11.5$7.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 16, 2025
Return Version
2023v6.0
Gross Receipts
$7,869,737
Mission and Program Overview

Mission

Tuxedo park school honors effort and excellence, inspires a lifelong love of learning, celebrates each student, and values its traditions and historic community. The school prepares students for a changing world and nurtures its core values: be kind, be fair, be responsible.

Independent day school in tuxedo park, ny for preschool through ninth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,008,234$4,426,006▼ $582,228
Land, Buildings, and Equipment, Net$4,697,237$4,394,676▼ $302,561
Savings and Temporary Cash Investments$2,381,115$2,747,563▲ $366,448
Cash and Non-Interest-Bearing Accounts$205,154$278,932▲ $73,778
Accounts Receivable$25,557$68,104▲ $42,547
Prepaid Expenses and Deferred Charges$76,320$53,175▼ $23,145
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$12,539,268$12,073,354▼ $465,914
Other Assets Total$145,651$104,898▼ $40,753
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,127,763$1,099,280▼ $28,483
Deferred Revenue$875,277$1,017,957▲ $142,680
Accounts Payable and Accrued Expenses$688,030$613,268▼ $74,762
Other Liabilities$139,791$104,449▼ $35,342
Total Liabilities$2,830,861$2,834,954▲ $4,093
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,414,904$6,777,418▼ $637,486
Net Assets Without Donor Restrictions$2,293,503$2,460,982▲ $167,479
Total Net Assets Fund Balance$9,708,407$9,238,400▼ $470,007
Total Liabilities and Net Assets / Fund Balance$12,539,268$12,073,354▼ $465,914

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,188,965$6,708,902$10,897,867
Equipment$87,053$868,002$955,055
Land$113,500-$113,500
Other Land Buildings$5,158$99,549$104,707

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$6,726,208-▲ $775,401$1,329,883$6,171,726
2022$6,629,585-▲ $680,411$583,788$6,726,208
2021$7,909,628-▼ $527,043$753,000$6,629,585
2020$7,260,877-▲ $2,194,751$1,546,000$7,909,628
2019$8,350,104-▼ $150,227$939,000$7,260,877
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Serena MuellerAssociate Head of School for AcademicsFT$153,850$59,880$213,730
Stuart JohnsonHead of SchoolFT$128,960$43,897$172,857
Nat ModugnoChief Financial & Operating OfficerFT$138,237$22,955$161,192

Highest Paid Contractors

ContractorServicesLocationCompensation
Flik Independent SchoolsFood ServicesPO BOX 417632, Boston, MA 02241$307,384
West Point ToursTransportationPO BOX 125, Vails Gate, NY 12584$152,097
Sos FuelsFuel ServicesPO BOX 833, Tuxedo, NY 10987$110,203
Revenue and Support

Revenue Composition

Contributions and Grants
$1,043,155
Program Service Revenue
$4,746,598
Investment Income
$345,437
Other Revenue
$246,666
All Other Contributions
$990,089
Change in Net Assets
$-943,942

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$519,290Market value
Total Noncash Contributions1$519,290-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,034,592
Revenue Not Reported on Financial Statements
$1,347,264
Revenue Not Reported on Form 990
$716,815
Other Revenue Adjustments
$1,347,264
Total Revenue per Audited Statements
$5,751,407
Total Revenue per Form 990
$6,381,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,690,510
Other Expenses$2,288,024
Grants and Similar Amounts Paid$1,347,264
Total Fundraising Expense$214,313
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,830,142$700,375$86,808$2,617,325
Grants to Domestic Individuals$1,347,264--$1,347,264
Other Employee Benefits$336,557$114,999$14,189$465,745
Occupancy$359,333$72,023$12,391$443,747
Depreciation Depletion$311,418$35,795$10,739$357,952
Office Expenses$278,497$47,968$3,113$329,578
Current Officers, Directors, Trustees, and Key Employees$186,874$71,732-$258,606
Payroll Taxes$172,520$59,410$6,812$238,742
Travel$192,289--$192,289
Information Technology$47,746$49,787$76,449$173,982
Pension Plan Contributions$79,555$26,749$3,788$110,092
Advertising-$105,701-$105,701
Interest-$82,823-$82,823
Insurance-$75,408-$75,408
Other Expenses$750$70,316$24$71,090
Fees for Services Accounting-$58,275-$58,275
Fees for Services Other$31,235$9,904$0$41,139
Conferences and Meetings$12,565$10,626-$23,191
Fees for Services Legal-$10,712-$10,712
Total Functional Expenses$5,508,882$1,602,603$214,313$7,325,798

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,325,798
Total Expenses per Audited Statements$6,221,414
Expenses per Audited Statements$5,978,534
Expenses Not Reported on Financial Statements$1,347,264
Other Expense Adjustments$1,347,264
Expenses Not Reported on Form 990$242,880
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$226,543
Fundraising Direct Expenses$64,297
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$227,095$200,184$38,142$162,042
Golf Benefit$52,514$26,359$26,155$204
Total Events$279,609$226,543$64,297$162,246
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Financing lease payable$104,449
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

The federal form 990 was reviewed by the audit committee and distributed to the full board. The audit committee chair presented the federal form 990 at the board meeting. Any questions raised by the board were addressed by the chief financial and operating officer. The board accepted the federal form 990 as presented, and it was subsequently filed.

Form 990, Part VI, Line 12C Conflict of interest policy

In connection with an actual or possible conflict of interest, an interested person must disclose the existence of any financial interest and be given the opportunity to disclose all material facts to the members of board or the committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested persons, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

A compensation committee is charged with determining the compensation of the headmaster utilizing compensation statistics from nais and the fairchester school group. A fair compensation is calculated. This information is then presented to the board of trustees for final approval. This is documented in the minutes and a written document is given to the business manager indicating the approved compensation.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The headmaster utilizes compensation statistics from nais and the fairchester school group to determine compensation on an annual basis.

Form 990, Part VI, Line 19 Required documents available to the public

All these documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Tuxedo Park School
EIN
14-1364656
Phone
8453514737
Address
CAMP COMFORT ROAD, TUXEDO PARK, NY 10987

Signing Officer

Name
Stuart Johnson
Title
Head of School
Phone
8453514737
Signed
2025-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
68
Volunteers
17

Preparer

Firm
Forvis Mazars LLP
Address
135 West 50th Street, New York, NY 10020
Preparer
Aaron Shapiro
Phone
2128127000
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 ASC 740 FOOTNOTE

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, managment has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part V, Line 4 Intended uses of endowment funds

Each fund is intended to support a specific aspect of the school: scholarship/salaries/dept chairs/general operating costs.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Rental Expense - 22280

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Financial aid - 1344764 JT Burger Scholarship - 2500

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Rental Expense - 22280

Schedule D, Part XII, Line 4(B) Other expenses in form 990 not in audited financial statements

Financial aid - 1344764 JT Burger Scholarship - 2500

Raw XML AppendixShowing 400 of 736 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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