2026-04-07T15:12:19-05:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-07-01 232728931 THE GESU SCHOOL INC GESU 2157633660 1700 W THOMPSON ST PHILADELPHIA PA 19121 BRYAN H CARTER PRESIDENT 2157633660 2026-04-06 1 1 ANDREA L NOVAK CPA P02197527 2187224705 2026-04-06 2024 2025-03-06 01:10:19Z BRYAN H CARTER 1700 W THOMPSON ST PHILADELPHIA PA 19121 12165062 0 X WWW.GESUSCHOOL.ORG X 1993 PA INDEPENDENT CATHOLIC SCHOOL (PRE-K TO 8TH GRADE) IN THE JESUIT AND IHM TRADITIONS PROVIDING ACADEMIC, SPIRITUAL AND SOCIAL DEVELOPMENT TO CHILDREN WHO RESIDE PRIMARILY IN POVERTY STRICKEN AREAS OF PHILADELPHIA. 40 40 95 45 0 0 5507877 5544848 4167332 4184567 923066 1835673 131928 101360 10730203 11666448 3419828 3429704 0 0 5618481 5965826 0 0 1312788 2387227 2366083 11425536 11761613 -695333 -95165 45006154 46503391 1018375 1136410 43987779 45366981 X INSPIRED BY THE JESUIT AND IHM TRADITIONS OF SOCIAL JUSTICE, FAITH, CREATIVE HOPE, AND LOVE, GESU SCHOOL HELPS STUDENTS TO TRANSCEND ALL FORMS OF POVERTY BY PROVIDING A COMPREHENSIVE, INNOVATIVE EDUCATION. WE EMPOWER OUR STUDENTS TO DEVELOP THEIR STRENGTHS, OVERCOME CHALLENGES, AND BECOME POSITIVE, ENGAGED MEMBERS OF THE COMMUNITY AND THE WORLD. 0 0 8814187 3429704 4184567 ELEMENTARY & PRE-K EDUCATION PROVIDED ON A NON-SELECTIVE BASIS FOR 400 INNER-CITY SCHOOL CHILDREN, HOUSED IN A FACILITY DONATED BY ST. JOSEPH'S PREP. THE EDUCATIONAL BENEFITS OF THE GESU SCHOOL ARE EVIDENCED BY HISTORICAL HIGH SCHOOL GRADUATION RATES FOR ITS STUDENTS OF 90% VERSUS THE AVERAGE RATE IN PHILADELPHIA OF 70%, AND 80% STATE-WIDE. 8814187 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 95 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X CAROLYNN THOMPSON 2157633660 1700 W THOMPSON ST PHILADELPHIA PA 19121 GREG RIGDON CHAIR 1.00 X X 0 0 0 SUSAN MANIX VICE CHAIR 1.00 X X 0 0 0 BYRON MCCOOK EDD VICE CHAIR 0.50 X X 0 0 0 KEITH PENSION SECRETARY 1.00 X X 0 0 0 GERARD DAVIES TREASURER 1.00 X X 0 0 0 JEFF ARMBRISTER TRUSTEE 0.50 X 0 0 0 MOLLY BELMONT TRUSTEE 0.50 X 0 0 0 GEORGE BUR SJ TRUSTEE 0.50 X 0 0 0 CRAIG BURNS TRUSTEE 0.50 X 0 0 0 MARY SUE CARILE IHM TRUSTEE 0.50 X 0 0 0 ANDREW CAVACOS TRUSTEE 0.50 X 0 0 0 WINSTON CHURCHILL TRUSTEE 0.50 X 0 0 0 JOHN JCURRY TRUSTEE 0.50 X 0 0 0 SHERRI DARDEN TRUSTEE 0.50 X 0 0 0 THOMAS DECKER ESQ TRUSTEE 0.50 X 0 0 0 ROSEMARY ESPANOL TRUSTEE 0.50 X 0 0 0 TAMIKA EVANS TRUSTEE 0.50 X 0 0 0 LARRY FLICK TRUSTEE 0.50 X 0 0 0 PETER GOULD TRUSTEE 0.50 X 0 0 0 FRANCES GRAY TRUSTEE 0.50 X 0 0 0 JAMES HIGGINS TRUSTEE 0.50 X 0 0 0 EVE HIGGINBOTHAM TRUSTEE 0.50 X 0 0 0 KATHERINE HOVDE TRUSTEE 0.50 X 0 0 0 DANIEL JOYCE SJ TRUSTEE 0.50 X 0 0 0 KAREN LUCEY TRUSTEE 0.50 X 0 0 0 NYREE LYONS RN TRUSTEE 0.50 X 0 0 0 JOHN MARINACCI TRUSTEE 0.50 X 0 0 0 MARIE T MCCORMICK TRUSTEE 0.50 X 0 0 0 ALLAN MURPHY TRUSTEE 0.50 X 0 0 0 STEPHEN ANNE RODRIGUEZ IHM TRUSTEE 0.50 X 0 0 0 EILISE ROUSE TRUSTEE 0.50 X 0 0 0 ANGELA SCHWARTZ TRUSTEE 0.50 X 0 0 0 DESMOND SHANNON TRUSTEE 0.50 X 0 0 0 SUSAN MARTINELLI-SHEA TRUSTEE 0.50 X 0 0 0 DARYL SHORE TRUSTEE 0.50 X 0 0 0 SYLVIA SPECTOR TRUSTEE 0.50 X 0 0 0 RASHEED STEWART TRUSTEE 0.50 X 0 0 0 SHERMAN WASHINGTON TRUSTEE 0.50 X 0 0 0 LAWRENCE WELLS TRUSTEE 0.50 X 0 0 0 ANEKA WILLIAMS TRUSTEE 0.50 X 0 0 0 BRYAN H CARTER PRESIDENT AND CEO 50.00 X 253927 0 35752 CAROLYNN THOMPSON FINANCE DIRECTOR 50.00 X 149493 0 17211 ROB WEINSTEIN VICE PRESIDENT-DEVELOPMENTAL 50.00 X 182723 0 36291 ALANA LEE PRINCIPAL 40.00 X 142788 0 16808 MARK SMITH DIRECTOR OF FACITIIES/IT 40.00 X 127279 0 8161 EDWARD BECKETT VP OF MISSION/MINISTRY 40.00 X 120336 0 15462 HAYWARD RATLIFF FACULTY 40.00 X 101578 0 14336 1078124 0 144021 7 0 1 0 0 1054 24860 737852 4781082 127297 5544848 TUITION & FEES 611600 4184567 4184567 4184567 790008 790008 1408591 362926 1045665 1045665 1045665 203968 24860 135688 68280 68280 ARCHDIOCESE WAGE SUBSIDY 611600 29440 29440 3640 3640 33080 11666448 4184567 0 1937033 3429704 3429704 704994 704994 4248660 2896267 479940 872453 165767 138576 27191 497791 360006 67145 70640 348614 212828 75951 59835 191683 191683 48543 48543 184723 180296 2041 2386 117853 2000 115853 378389 219363 51585 107441 48958 36474 413 12071 615039 600302 6792 7945 53124 53124 78927 49377 29550 365154 356404 4033 4717 137482 134188 1518 1776 STUDENT ACTIVITIES 60367 60367 MEALS & ENTERTAINMENT 53410 53410 BAD DEBT EXPENSE 9046 9046 23385 22455 930 11761613 8814187 1634638 1312788 970382 414349 9528403 4043654 1449470 1326352 61329 11698 117802 221963 14415733 7692918 6943089 6722815 17933776 13946735 8001903 19815825 45006154 46503391 903297 969706 39393 53120 75685 113584 1018375 1136410 X 24413946 22954095 19573833 22412886 43987779 45366981 45006154 46503391 -95165 1474367 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34346477 1316973 3218004 1408591 37472863 30816850 896750 4871506 2238629 34346477 26113428 2094500 3695522 1086600 30816850 27824890 3219966 -3922954 1008474 26113428 22714149 800000 5271266 960525 27824890 0.47620 0.29000 0.23380 0 0 3475850 952673 2523177 8991925 5060811 3931114 1491604 1411474 80130 456354 267960 188394 6722815 SPDR S&P 500 ETF TRUST 6457150 F ISHARES TR MSCI EAFE ETF 2732384 F SPDR SER TR SPDR BLOOMBERG 3-12 T BILL ETF 5501462 F VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM TRES 2718810 F BERKSHIRE HATHAWAY INC DEL CL B NEW 2406019 F 19815825 VIVENNE EHRET SCHOLARSHIP FUND 113584 113584 X 9846799 1474367 -3429704 -1955337 11802136 -135688 -135688 11666448 8467597 135688 135688 8331909 3429704 3429704 11761613 PART V, LINE 4: THE ORGANIZATION HAS AN INVESTMENT COMMITTEE WHICH OVERSEES THE INVESTMENT ADVISORS' INVESTMENT OF ENDOWMENT ASSETS TO PROTECT THE FUTURE PURCHASING POWER OF THE PRINCIPAL OF THE ENDOWED FUNDS AND PROVIDE A SOURCE OF INCOME TO SUPPORT THE ACTIVITIES OF THE ORGANIZATION. INVESTMENT RETURNS THROUGH JUNE 30, 2025, HAVE AVERAGED AN ANNUAL RATE OF RETURN OF 9% FOR THE LAST FIVE YEARS. THE RETURN OBJECTIVE IS TO PRODUCE AN AVERAGE RATE OF RETURN SUFFICIENT TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT AFTER WITHDRAWALS ARE TAKEN. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. THE INVESTMENT COMMITTEE DETERMINES SPENDING OF THE ORGANIZATION'S PERMANENTLY RESTRICTED NET ASSETS IN ITS INVESTMENT PORTFOLIO WITHIN THE PARAMETERS OF ACT 141 (BETWEEN 2% TO 7% OF ENDOWMENT VALUE). FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THE INVESTMENT COMMITTEE DETERMINED THE SPENDING RATE TO BE 4.75% AND 4.75%, RESPECTIVELY, OF DONOR-RESTRICTED AND BOARD-DESIGNATED ENDOWMENT FUNDS, INCLUDING UNDERWATER ENDOWMENTS, IN ITS INVESTMENT PORTFOLIO, BASED ON THE INVESTMENT PORTFOLIO'S FAIR VALUE DETERMINED QUARTERLY ON THE LAST TRADING DAY OF EACH CALENDAR QUARTER AND AVERAGED OVER THE 12 QUARTERS THROUGH MARCH 31 OF THE PREVIOUS FISCAL YEAR. PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE TAX BENEFIT OF AN UNCERTAIN TAX POSITION ONLY IF MANAGEMENT DETERMINES THAT IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERIT OF THE POSITION. MANAGEMENT HAS DETERMINED THAT THROUGH JUNE 30, 2025, THE ORGANIZATION DID NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP NETTED WITH TUITION AND FEES -3,429,704. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -135,688. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 135,688. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 3,429,704. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 YES, POLICY IS PUBLICIZED THROUGH THE SCHOOL'S MISSION STATEMENT, WEB-SITE AND VARIOUS OTHER FORMS OF COMMUNICATION. GALA 222793 24860 197933 112414 SYMPOSIUM 6035 6035 23274 228828 24860 203968 135688 135688 68280 1 GESU STUDENT SCHOLARSHIP AWARDS 371 1423219 3RD PARTY SCHOLARSHIP AWARDS 396 2006485 PART I, LINE 2: THE GESU SCHOOL HAS DEFINED ELIGIBILITY REQUIREMENTS AND MAINTAINS ELIGIBILITY RECORDS FOR GRANTS PROVIDED TO THE SCHOOL'S STUDENTS AND GRADUATES OF THE SCHOOL WHO ARE CURRENTLY IN HIGH SCHOOL. IN PROVIDING GRANTS TO STUDENTS OF OTHER SCHOOLS, GESU SCHOOL PROVIDES THEIR GRANT ELIGIBILITY REQUIREMENTS TO THOSE SCHOOLS AND ASKS THOSE SCHOOLS TO DETERMINE ELIGIBLE STUDENTS AND TO MAINTAIN ELIGIBILITY RECORDS IN ORDER TO PRESERVE PRIVACY AND AVOID THE EXPOSURE OF ANY PERSONAL STUDENT INFORMATION. X X 0 1 0 0 0 0 0 1 0 BRYAN H CARTER PRESIDENT AND CEO 253927 0 0 0 0 0 35236 0 516 0 289679 0 0 0 ROB WEINSTEIN VICE PRESIDENT-DEVELOPMENTAL 182723 0 0 0 0 0 10963 0 25328 0 219014 0 0 0 CAROLYNN THOMPSON FINANCE DIRECTOR 149493 0 0 0 0 0 8970 0 8241 0 166704 0 0 0 ALANA LEE PRINCIPAL 142788 0 0 0 0 0 8567 0 8241 0 159596 0 0 0 PART I, LINE 4B THE ORGANIZATION MAINTAINS A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER IRC SECTION 457(F) FOR BRYAN CARTER, PRESIDENT & CEO. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (C). PART I, LINE 7 SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE BOARD BASED UPON PERFORMANCE. X 5 127297 SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF FORM 990 IS SENT TO ALL BOARD MEMBERS FOR COMMENT AND REVIEW PRIOR TO FILING FORM 990. FORM 990, PART VI, SECTION B, LINE 12C COMMITTEE ON TRUSTEES IS CHARGED WITH THE RESPONSIBILITY OF OVERSEEING CONFLICTS OF INTEREST AMONG THE BOARD MEMBERS AND OFFICERS. THE COMMITTEE CONDUCTS ON-BOARDING TRAINING FOR ALL NEW BOARD MEMBERS DURING WHICH THE SCHOOL'S POLICY ON CONFLICT OF INTEREST IS ADDRESSED. DURING FISCAL YEAR 2025 THE COMMITTEE WAS NOT AWARE OF ANY SITUATIONS OR AFFILIATIONS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST, SUCH AS DOING BUSINESS WITH CLOSE FAMILY MEMBERS; DIRECTING INVESTMENTS THRU WHICH ONE COULD BENEFIT FINANCIALLY; OR ANY OTHER TYPES OF TRANSACTIONS OR RELATIONSHIPS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS REVIEWED BY THE EXECUTIVE COMMITTEE. THE PRESIDENT AND EC REVIEW OTHER OFFICER AND KEY EMPLOYEE COMPENSATION PLANS. IN EACH CIRCUMSTANCE, RELEVANT COMPARATIVE DATA IS USED TO EVALUATE THE COMPENSATION PACKAGE OFFERED. FORM 990, PART VI, SECTION C, LINE 19 GESU SCHOOL INC.'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIALS STATEMENTS ARE AVAILABLE AT WWW.GESUSCHOOL.ORG.