2026-06-17T10:33:51-05:00 2025-07-31 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2024-08-01 221903166 FRIENDS SCHOOL CORPORATION FRIE 8564782908 15 HIGH STREET MULLICA HILL NJ 080629541 MATT BRADLEY HEAD OF SCHOOL 8564782908 2026-06-09 1 1 CRISTOPHER A SEFRANSKY P01264313 8567225300 2024 2025-03-06 01:10:19Z ERICA SALMON 15 HIGH STREET MULLICA HILL NJ 080629541 4642276 0 X WWW.FRIENDSMH.ORG X 1969 NJ FRIENDS SCHOOL IS AN INDEPENDENT, COEDUCATIONAL, QUAKER DAY SCHOOL. 12 12 84 12 0 0 75027 96153 4167196 4455491 31675 36558 77210 54074 4351108 4642276 900296 908307 0 0 2283232 2540126 0 0 96445 1245441 1378290 4428969 4826723 -77861 -184447 5955315 5564332 3800027 3574708 2155288 1989624 FRIENDS SCHOOL IS AN INDEPENDENT, COEDUCATIONAL, QUAKER DAY SCHOOL. 0 0 3689667 908307 4509565 TO EDUCATE STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE. WE HAVE A STRONG ACADEMIC PROGRAM, A COMMITMENT TO THE ARTS, AND A SCHOOL COMMUNITY THAT STRESSES MUTUAL RESPECT AMONG ALL ITS MEMBERS. 3689667 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 84 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X FRIENDS SCHOOL CORPORATION 8564782908 15 HIGH STREET MULLICA HILL NJ 080629541 CURT LEFFERTS TRUSTEE 2.00 X 0 0 0 VICTORIA KUHN TRUSTEE 2.00 X 0 0 0 HANSHI DESHBANDHU TRUSTEE 2.00 X 0 0 0 KATHLEEN STETSER AUDIT COMMITTEE CLERK 2.00 X 0 0 0 MIKE AYARS TEASURER AND ASSETS COMMIT 2.00 X X 0 0 0 CORI MCMAHON BOARD CLERK 2.00 X 0 0 0 JESSICA WADDINGTON TRUSTEE 2.00 X 0 0 0 DAVID CALAMARO CLERK 2.00 X X 0 0 0 STEVE WADDINGTON TRUSTEESHIP CLERK 2.00 X 0 0 0 ALEXANDRA BENAS TRUSTEE 2.00 X 0 0 0 JENEL GILES TRUSTEE 2.00 X 0 0 0 MELISSA MCCOURT TRUSTEE 2.00 X 0 0 0 MATTHEW BRADLEY HEAD OF SCHOOL, FORMER 40.00 X 173172 0 23951 ERICA SALMON HEAD OF SCHOOL (AUG 1, 2025) 40.00 X 0 0 0 173172 0 23951 1 0 1 0 0 96153 37977 96153 TUITION 611110 3983556 3983556 SUMMER CAMP 611110 252299 252299 MUSIC PROGRAM 611110 74324 74324 STUDENT FEES AND CHARG 611110 60526 60526 ANCILLARY 611110 36339 36339 48447 48447 4455491 36558 36558 MISCELLANEOUS 611600 24864 24864 SOLAR 611600 23408 23408 OTHER RENT 611600 5802 5802 54074 4642276 4509565 0 36558 908307 908307 173172 173172 1950551 1449612 436346 64593 41542 28356 11923 1263 216487 147770 62132 6585 158374 108103 45454 4817 4698 4698 43250 43250 33 33 6805 6805 67224 67224 4831 4831 88390 79551 8839 75694 68125 7569 251036 225932 25104 58606 58606 DISCOUNTS ON TUITION 338872 338872 TEACHING SUPPLIES 146849 146849 REPAIRS AND MAINTENANCE 88696 79826 8870 CUSTODIAL SUPPLIES 46882 46882 156424 61482 82560 12382 4826723 3689667 1040611 96445 401902 374071 977526 613865 12042 13409 35319 71251 8983566 5021080 4031568 3962486 467529 505335 29429 23915 5955315 5564332 213330 165907 1495993 1383248 2061275 2001638 29429 23915 3800027 3574708 X 1736638 1686089 418650 303535 2155288 1989624 5955315 5564332 -184447 18783 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 855914 855914 6892178 4052183 2839995 1235474 968897 266577 3962486 INVESTMENT FUNDS 505335 F 505335 LEASE LIABILITY 23915 23915 X 3413880 18783 18783 3395097 1247179 1247179 4642276 3579544 0 3579544 1247179 1247179 4826723 PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE. THE SCHOOL FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2024, 2023, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID, DISCOUNTS, AND SCHOLARSHIPS NETTED AGAINST TUITION PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID, DISCOUNTS, AND SCHOLARSHIPS NETTED AGAINST TUITION 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL PUBLICITY AND ADVERTISEMENTS CLEARLY STATES AN ABSOLUTE NON-DISCRIMINATION POLICY SCHEDULE E, PART I, LINE 6 FRIENDS SCHOOL RECEIVES A TECHNOLOGY GRANT AND TEXTBOOKS FROM THE TOWNSHIP. 1 TUITION ASSISTANCE/FINANCIAL AID 80 908307 PART I, LINE 2: AS A QUAKER SCHOOL, FRIENDS SCHOOL MULLICA HILL IS COMMITTED TO MAINTAINING A DIVERSE STUDENT BODY, REPRESENTING VARIED ECONOMIC BACKGROUNDS. IN ORDER TO SUSTAIN THAT COMMITMENT, SIGNIFICANT FUNDS HAVE BEEN ALLOCATED BY THE BOARD OF TRUSTEES TO TUITION ASSISTANCE. TUITION ASSISTANCE IS NEED BASED AND AWARDS ARE REVIEWED BY THE TUITION ASSISTANCE COMMITTEE. FRIENDS SCHOOL MULLICA HILL PROVIDES A COMPREHENSIVE ACADEMIC PROGRAM INFUSED WITH QUAKER VALUES IN A DIVERSE AND INCLUSIVE LEARNING COMMUNITY. IN ADDITION TO OFFERING NEED-BASED TUITION ASSISTANCE, FSMH OFFERS A MERIT-BASED SCHOLARSHIP PROGRAM TO STRONG AND COMMITTED STUDENTS WHO WILL ENHANCE OUR SCHOOL COMMUNITY. APPLICATIONS FOR THIS SCHOLARSHIP PROGRAM ARE ACCEPTED ON A ROLLING BASIS BASED UPON AVAILABILITY. X X 0 0 0 0 0 0 0 0 0 MATTHEW BRADLEY HEAD OF SCHOOL, FORMER 173172 0 0 0 0 0 5383 0 18568 0 197123 0 0 0 X SECURITY SYSTEM 1 26805 ACTUAL COST X TEACHING SUPPLIES 1 11172 ACTUAL COST 0 0 0 PART I, COLUMN (B): - SECURITY SYSTEM DONATION (FMV $26,805) THE DONOR PROVIDED A FULLY INTEGRATED SECURITY SYSTEM, INCLUDING EQUIPMENT, COMPONENTS, AND INSTALLATION, AS A SINGLE FUNCTIONAL UNIT. BECAUSE THE SYSTEM WAS DONATED AND INSTALLED AS ONE COMPLETE, OPERABLE SYSTEM RATHER THAN AS SEPARATE INDIVIDUAL COMPONENTS, THE ORGANIZATION DETERMINED THAT IT SHOULD BE REPORTED AS ONE ITEM FOR SCHEDULE M REPORTING PURPOSES. THE FAIR MARKET VALUE OF THE ENTIRE SYSTEM WAS $26,805. - TEACHING SUPPLIES (FMV $11,172) THE DONATION OF TEACHING SUPPLIES CONSISTED OF A MIXED ASSORTMENT OF TECHNOLOGY EQUIPMENT, BOOKS, AND VARIOUS INSTRUCTIONAL MATERIALS PROVIDED TOGETHER AS A SINGLE CONSOLIDATED CONTRIBUTION. AS THESE ITEMS WERE DONATED IN ONE COMBINED SHIPMENT AND NOT AS INDIVIDUALLY ITEMIZED GIFTS, THE ORGANIZATION REPORTED THE CONTRIBUTION AS ONE ITEM FOR SCHEDULE M. THE TOTAL FAIR MARKET VALUE OF THE DONATED SUPPLIES WAS $11,172. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990, A FULL REVIEW IS CONDUCTED BY THE BUSINESS MANAGER AND HEAD OF SCHOOL FOR CONTENT AND APPROPRIATENESS OF DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD TRUSTEES ACTIVELY MONITORS FOR POTENTIAL CONFLICTS OF INTEREST AND DISCLOSES ANY IDENTIFIED INSTANCE TO THE CLERK. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE UPON REQUEST.