Civic Intelligence

Saint John'S School

990 • Fiscal year 2021 • EIN 66-0199364

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

1454 Ashford AvenueSan Juan, PR 00907-1560

(787) 728-5343

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.39x

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.78x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

39th percentile

6.9%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

36th percentile

$197,723

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

18th percentile

-0.7%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

39th percentile

5.8%

Faster revenue growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Down

$27,658,039

Down $186,898 (-0.7%) from 2020

Net Assets

Up

$16,959,205

Up $1,913,552 (+13%) from 2020

Liabilities

Down

$10,698,834

Down $2,100,450 (-16%) from 2020

Revenue

Up

$13,804,674

Up $758,471 (+5.8%) from 2020

Expenses

Up

$12,851,839

Up $358,903 (+2.9%) from 2020

Net Income

Up

$952,835

Up $399,568 (+72%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $25,536,317Liabilities 2011: $19,470,538Net Assets 2011: $6,065,7792011Assets 2012: $26,195,163Liabilities 2012: $19,392,183Net Assets 2012: $6,802,9802012Assets 2013: $25,054,551Liabilities 2013: $17,179,607Net Assets 2013: $7,874,9442013Assets 2014: $24,562,510Liabilities 2014: $16,196,488Net Assets 2014: $8,366,0222014Assets 2015: $24,863,152Liabilities 2015: $16,046,965Net Assets 2015: $8,816,1872015Assets 2016: $24,954,234Liabilities 2016: $15,238,319Net Assets 2016: $9,715,9152016Assets 2017: $26,876,800Liabilities 2017: $15,113,780Net Assets 2017: $11,763,0202017Assets 2018: $27,215,357Liabilities 2018: $14,345,646Net Assets 2018: $12,869,7112018Assets 2019: $26,611,266Liabilities 2019: $12,386,304Net Assets 2019: $14,224,9622019Assets 2020: $27,844,937Liabilities 2020: $12,799,284Net Assets 2020: $15,045,6532020Assets 2021: $27,658,039Liabilities 2021: $10,698,834Net Assets 2021: $16,959,2052021Assets 2022: $28,499,255Liabilities 2022: $10,076,550Net Assets 2022: $18,422,7052022Assets 2023: $28,710,882Liabilities 2023: $8,976,817Net Assets 2023: $19,734,0652023Assets 2024: $31,952,643Liabilities 2024: $10,267,689Net Assets 2024: $21,684,9542024

Highlighted filing

2021

Assets$27,658,039
Liabilities$10,698,834
Net Assets$16,959,205

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2011: $9,857,128Expenses 2011: $9,559,561Net Income 2011: $297,5672011Revenue 2012: $9,894,286Expenses 2012: $9,157,085Net Income 2012: $737,2012012Revenue 2013: $10,727,642Expenses 2013: $9,655,678Net Income 2013: $1,071,9642013Revenue 2014: $10,746,891Expenses 2014: $10,255,813Net Income 2014: $491,0782014Revenue 2015: $10,568,892Expenses 2015: $10,118,727Net Income 2015: $450,1652015Revenue 2016: $10,904,141Expenses 2016: $10,004,413Net Income 2016: $899,7282016Revenue 2017: $12,428,523Expenses 2017: $10,381,418Net Income 2017: $2,047,1052017Revenue 2018: $12,309,858Expenses 2018: $11,391,671Net Income 2018: $918,1872018Revenue 2019: $12,626,379Expenses 2019: $11,508,422Net Income 2019: $1,117,9572019Revenue 2020: $13,046,203Expenses 2020: $12,492,936Net Income 2020: $553,2672020Revenue 2021: $13,804,674Expenses 2021: $12,851,839Net Income 2021: $952,8352021Revenue 2022: $16,049,507Expenses 2022: $13,815,153Net Income 2022: $2,234,3542022Revenue 2023: $15,352,034Expenses 2023: $14,852,720Net Income 2023: $499,3142023Revenue 2024: $15,669,932Expenses 2024: $15,164,481Net Income 2024: $505,4512024

Highlighted filing

2021

Revenue$13,804,674
Expenses$12,851,839
Net Income$952,835
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$13,977,629
Mission and Program Overview

Mission

Saint johns schools dynamic learning environment fosters the discovery of individual talents and develops students with integrity and compassion who will shape a changing world.

Saint john's school is a college preparatory, nonsectarian, co-educational day school, located in a residential area of condado, san juan. It has an enrollment of approximately 872 students from pre-pre-kinder to twelfth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,598,604$15,721,712▼ $876,892
Investments in Publicly Traded Securities$6,207,399$6,738,835▲ $531,436
Cash and Non-Interest-Bearing Accounts$3,099,437$4,053,790▲ $954,353
Accounts Receivable$982,295$253,219▼ $729,076
Prepaid Expenses and Deferred Charges$183,712$184,508▲ $796
Total Assets$27,844,937$27,658,039▼ $186,898
Other Assets Total$773,490$705,975▼ $67,515
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,779,549$5,732,121▼ $1,047,428
Deferred Revenue$3,564,291$2,979,389▼ $584,902
Accounts Payable and Accrued Expenses$2,455,444$1,987,324▼ $468,120
Total Liabilities$12,799,284$10,698,834▼ $2,100,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,045,653$16,959,205▲ $1,913,552
Total Net Assets Fund Balance$15,045,653$16,959,205▲ $1,913,552
Total Liabilities and Net Assets / Fund Balance$27,844,937$27,658,039▼ $186,898

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,556,461$8,279,379$17,835,840
Land$5,271,267-$5,271,267
Equipment$893,984$2,504,071$3,398,055
Other Land Buildings-$62,074$62,074

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$3,181,178-▲ $1,056,509-$4,237,687
2019$2,811,614-▲ $369,564-$3,181,178
2018$2,465,831-▲ $345,783-$2,811,614
2017$2,218,723-▲ $247,108-$2,465,831
2016$2,049,520-▲ $169,203-$2,218,723
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lorraine LagoHead of SchoFT$190,523$7,200$197,723
Lorraine LagoHead of School-$190,523-$190,523

Board Members and Trustees

NameTitle
Jessica WattmanChair
Rafael BlanesVice Chair
Cristina VillalonGeneral Trus
Eduardo EmanuelliGeneral Trus
Enrique L VazquezGeneral Trus
Ignacio FernandezGeneral Trus
Jorge J FuentesGeneral Trus
Jose a FernandezGeneral Trus
Manuel Del ValleGeneral Trus
Ricardo CruzvalGeneral Trus
Guillermo BermudezParent Trust
Jose R DubonParent Trust
Luis Perez-morenoParent Trust
Mariana Ortiz-blanesParent Trust
Nazli IqbalParent Trust
Nannette BerriosSecretary
Carlos RodriguezTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Silva-cofresi Manzano & Padro LLCLegal ServicesSUITE 309 MONTEHIEDRA OFFICE CENTRE, 9615 LOS ROMEROS AVE, San Juan, PR 00926-7031$241,909
Walkem Services CorporationConstructionG29 CALLE MCKINLEY, Guaynabo, PR 00969$159,667
Revenue and Support

Revenue Composition

Contributions and Grants
$990,014
Program Service Revenue
$11,538,106
Investment Income
$101,927
Other Revenue
$1,174,627
All Other Contributions
$912,373
Change in Net Assets
$952,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,804,674
Revenue Not Reported on Form 990
$172,955
Total Revenue per Audited Statements
$13,977,629
Total Revenue per Form 990
$13,804,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,806,019
Other Expenses$4,045,820
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,791,736$1,633,276-$7,425,012
Depreciation Depletion$863,232$190,952-$1,054,184
Payroll Taxes$584,685$119,329-$704,014
All Other Expenses$331,055$351,525-$682,580
Other Employee Benefits$432,076$27,391-$459,467
Fees for Services Legal-$255,975-$255,975
Interest-$234,441-$234,441
Information Technology$90,461$136,943-$227,404
Pension Plan Contributions$217,526--$217,526
Fees for Services Management$150,228$55,702-$205,930
Insurance$110,785$65,338-$176,123
Other Expenses$81,990$61,254-$143,244
Fees for Services Accounting-$35,983-$35,983
Advertising-$18,288-$18,288
Total Functional Expenses$9,505,860$3,345,979$0$12,851,839

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,024,794
Expenses per Audited Statements$12,851,839
Total Expenses per Form 990$12,851,839
Expenses Not Reported on Form 990$172,955
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,415
Fundraising Gross Income$12,965
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Giving -$77,641-$3,479-
Other$12,965$12,965$13,936$-971
Total Events$90,606$12,965$17,415$-4,450
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Page 6, Part VI, Line 6

As a private non-profit corporation whose principal objective and purpose is to operate a private educational institution, the corporation shall be run by the parents through a board of trustees. The corporation's membership shall consist of four classes: parents, members, alumni members, general members, and honorary members. Every parent or legal guardian of a bona fide regular student enrolled in the school, who is in good standing and current in the payment of tuition and fees, shall be a member of the corporation. Every trustee of the corporation elected to the board of trustees who is not a parent member shall also be, during his/her term, a member of the corporation with full rights. The member's principal function shall be the election of the parent trustees.

Form 990, Page 6, Part VI, Line 7A

As a private non-profit corporation whose principal objective and purpose is to operate a private educational institution, the corporation shall be run by the parents through a board of trustees. The corporation's membership shall consist of four classes: parents, members, alumni members, general members, and honorary members. Every parent or legal guardian of a bona fide regular student enrolled in the school, who is in good standing and current in the payment of tuition and fees, shall be a member of the corporation. Every trustee of the corporation elected to the board of trustees who is not a parent member shall also be, during his/her term, a member of the corporation with full rights. The member's principal function shall be the election of the parent trustees.

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by the finance director of the entity. The financial statements were reviewed by the finance committee. The numbers presented on the return are based on the presentation of information on the audited financial statements.

Form 990, Page 6, Part VI, Line 12C

Saint john's school has adopted a conflict of interest policy to protect the school's interests when it is contemplating entering into a transaction or arrangement that has the potential to benefit the private interests of, or result in potential excess benefits to, a covered person and, also to safeguard trustees from a potential situation where the ability to exercise their loyalty to the organization is compromised. The policy is intended to supplement any applicable state and federal laws governing conflicts of interest for non-profit charitable organization or any other conflict of interest policies presently in effect for members of committees and sub- committees of the school's board of trustees. The conflict of interest policy compliance statement should be completed on an annual basis.

Form 990, Page 6, Part VI, Line 15A

The executive committee signs the contract with the headmaster and the board policy manual estabishes the personal policy gudelines to be followed in the school.

Form 990, Page 6, Part VI, Line 15B

The executive committee establishes the head of school compensation by taking into consideration the comparable market compensation, the financial condition of the school and the head of schools performance. The agreement is formalized by a signed contract.

Form 990, Page 6, Part VI, Line 19

Ms. Ivette aloson was the person in charge of the books of the organization as of the year end of the entity (june 30,2021). Documents are availabe to public.

Filing and Contact Details

Filer

Filer Name
SAINT JOHN'S SCHOOL
EIN
66-0199364
Phone
7877285343
Address
1454 ASHFORD AVENUE, SAN JUAN, PR 00907-1560

Signing Officer

Name
Lorraine Lago
Title
Head of School
Phone
7877285343
Signed
2022-05-16

Organization Details

Principal Officer
Lorraine Lago
Formed
1915
Legal Domicile
Pr
Voting Board Members
17
Independent Board Members
17
Employees
201

Preparer

Firm
Galindez LLC
Address
PO BOX 364152, SAN JUAN, PR 00936-4152
Preparer
Lizmarie Cuevas
Phone
7877254545
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising activities 17,415 cost of goods sold 155,540 fundraising activities -17,415 cost of goods sold -155,540

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The board of trustees has established a general endowment fund to segregate resources to support activities consistent with the school's charter. Resources from this general endowment fund are invested in short and long-term investments that are unrestricted and may be used at the sole discretion of the board of trustees.

Schedule D, Page 4, Part XI, Line 2D

Fundraising activities 17,415 cost of goods sold 155,540

Schedule D, Page 4, Part XII, Line 2D

Fundraising activities 17,415 cost of goods sold 155,540

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PARENT TRUST
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt5PARENT TRUST
IRS990/Form990PartVIISectionAGrp/TitleTxt6GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt7GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt8GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt10PARENT TRUST
IRS990/Form990PartVIISectionAGrp/TitleTxt11PARENT TRUST
IRS990/Form990PartVIISectionAGrp/TitleTxt12PARENT TRUST
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt15GENERAL TRUS
IRS990/Form990PartVIISectionAGrp/TitleTxt16GENERAL TRUS
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IRS990/InsuranceGrp/ManagementAndGeneralAmt065338
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IRS990/LobbyingActivitiesInd0false
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IRS990/MembersOrStockholdersInd0true
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0SAINT JOHNS SCHOOLS DYNAMIC LEARNING ENVIRONMENT FOSTERS THE DISCOVERY OF INDIVIDUAL TALENTS AND DEVELOPS STUDENTS WITH INTEGRITY AND COMPASSION WHO WILL SHAPE A CHANGING WORLD.
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IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt029077
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt029077
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016959205
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/ProgramServicesAmt1348405
IRS990/OtherExpensesGrp/ProgramServicesAmt2217110
IRS990/OtherExpensesGrp/ProgramServicesAmt381990
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IRS990/OtherExpensesGrp/TotalAmt1348405
IRS990/OtherExpensesGrp/TotalAmt2247458
IRS990/OtherExpensesGrp/TotalAmt3143244
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IRS990/OtherRevenueMiscGrp/Desc1UNEMPLOYMENT PREVENTION FUND
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IRS990/ProgramServiceRevenueGrp/Desc2TECHNOLOGY PROGRAM FEE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER EDUCATIONAL REVENUES
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IRS990/PYOtherExpensesAmt04464279
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IRS990/PYProgramServiceRevenueAmt011961130
IRS990/PYRevenuesLessExpensesAmt0553267
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IRS990/PYTotalExpensesAmt012492936
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IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017835840
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03181178
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04237687
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01056509
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02811614
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03181178
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0369564
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02465831
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02811614
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0345783
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02465831
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0247108
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02049520
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0893984
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02504071
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03398055
IRS990ScheduleD/ExpensesNotReportedAmt0172955
IRS990ScheduleD/ExpensesSubtotalAmt012851839
IRS990ScheduleD/LandGrp/BookValueAmt05271267
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05271267
IRS990ScheduleD/OtherExpensesIncludedAmt0172955
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt062074

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.0$10.3$21.7$15.7$15.2$0.51
2023Detailed filing. Detailed filing data is available for this year.$28.7$8.98$19.7$15.4$14.9$0.50
2022Detailed filing. Detailed filing data is available for this year.$28.5$10.1$18.4$16.0$13.8$2.23
2021Detailed filing. Detailed filing data is available for this year.$27.7$10.7$17.0$13.8$12.9$0.95
2020Detailed filing. Detailed filing data is available for this year.$27.8$12.8$15.0$13.0$12.5$0.55
2019Detailed filing. Detailed filing data is available for this year.$26.6$12.4$14.2$12.6$11.5$1.12
2018Detailed filing. Detailed filing data is available for this year.$27.2$14.3$12.9$12.3$11.4$0.92
2017Detailed filing. Detailed filing data is available for this year.$26.9$15.1$11.8$12.4$10.4$2.05
2016Detailed filing. Detailed filing data is available for this year.$25.0$15.2$9.72$10.9$10.0$0.90
2015Summary only. Only limited summary data is available for this year.$24.9$16.0$8.82$10.6$10.1$0.45
2014Summary only. Only limited summary data is available for this year.$24.6$16.2$8.37$10.7$10.3$0.49
2013Summary only. Only limited summary data is available for this year.$25.1$17.2$7.87$10.7$9.66$1.07
2012Summary only. Only limited summary data is available for this year.$26.2$19.4$6.80$9.89$9.16$0.74
2011Summary only. Only limited summary data is available for this year.$25.5$19.5$6.07$9.86$9.56$0.30