FRIENDS ACADEMY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDS ACADEMY (EIN 11-1633485)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-02-12
- IRS object ID
- 202420439349300412
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-12T15:14:47-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873231666 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE SUITE 301 | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111633485 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRIE | BusinessNameControlTxt |
| Phone | 5166760393 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 DUCK POND ROAD | AddressLine1Txt |
| City | LOCUST VALLEY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11560 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN MARIE TIDONA | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 5166760393 | PhoneNum |
| Signature | 2024-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANN | PersonFirstNm |
| Person Last | MARIE TIDONA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELISSA MODELSON | PreparerPersonNm |
| PTIN | P01603524 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2024-02-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANDREA KELLY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 DUCK POND ROAD | AddressLine1Txt |
| City | LOCUST VALLEY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11560 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,134,517 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1877 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO OPERATE AN INDEPENDENT ELEMENTARY AND SECONDARY EDUCATIONAL INSTITUTION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 332 | TotalEmployeeCnt |
| Total Volunteers | 215 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,819,168 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,879,353 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $28,433,081 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $29,136,807 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,394,558 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,262,022 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$9,723 | PYOtherRevenueAmt |
| CY Other Revenue | $429,401 | CYOtherRevenueAmt |
| PY Total Revenue | $33,637,084 | PYTotalRevenueAmt |
| CY Total Revenue | $33,707,583 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,912,635 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,148,135 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,458,408 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,858,483 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,415,802 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,905,203 | PYOtherExpensesAmt |
| CY Other Expenses | $11,293,621 | CYOtherExpensesAmt |
| PY Total Expenses | $33,276,246 | PYTotalExpensesAmt |
| CY Total Expenses | $36,300,239 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $360,838 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,592,656 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $106,966,643 | TotalAssetsBOYAmt |
| Total Assets EOY | $110,501,779 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,387,898 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,400,088 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $91,578,745 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $94,101,691 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GUIDED BY OUR QUAKER PRINCIPLES, FRIENDS ACADEMY EDUCATES OUR STUDENTS TO DISCOVER AND DEVELOP THE BEST OF WHO THEY ARE AND WHO THEY CAN BECOME. WE ACHIEVE EDUCATIONAL EXCELLENCE BY COMMITTING TO THE HIGHEST STANDARDS OF LEARNING AND LIVING. OUR DIVERSE AND WELCOMING COMMUNITY IS STRENGTHENED BY OUR QUAKER VALUES, WHICH EMPOWER OUR STUDENTS TO INQUIRE, REFLECT, AND ENGAGE IN THEIR CLASSROOMS, IN THEIR NEIGHBORHOODS, AND IN THE WORLD. BECAUSE WHEN WE INSPIRE STUDENTS TO LEARN AND LIVE WITH PURPOSE, THEY ACHIEVE GREATNESS WITHOUT SACRIFICING GOODNESS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $28,072,239 | ExpenseAmt |
| Grant | $2,082,012 | GrantAmt |
| Revenue | $28,396,027 | RevenueAmt |
| Desc | INSTRUCTION AND STUDENT ACTIVITIES - ACADEMICS: AS A QUAKER SCHOOL, FRIENDS ENDORSES THE PRINCIPLE THAT ALL STUDENTS HAVE WORTH AND ABILITY, AND OUR ACADEMIC PROGRAM PROVIDES FOR EACH STUDENT TO FIND HIS OR HER OWN VOICE AND ACHIEVE EXCELLENCE. CHARACTER EDUCATION: A CENTER PIECE OF OUR PROGRAM IS COMMUNITY SERVICE, ONE OF THE ESSENTIAL QUAKER TESTIMONIES. WE OFFER AGE APPROPRIATE SERVICE OPPORTUNITIES FOR ALL OUR STUDENTS AS WE TEACH THEM THAT INDIVIDUALS CAN MAKE A DIFFERENCE IN THE WORLD. COLLEGE PREPARATION: WE ARE COMMITTED TO PREPARING STUDENTS NOT ONLY FOR COLLEGE, BUT ALSO FOR RESPONSIBLE CITIZENSHIP. TO THAT END, BEYOND COMMUNITY SERVICE, WE NURTURE LEADERSHIP, CIVIC RESPONSIBILITY, AND COMMUNITY ESPECIALLY IN TERMS OF EQUALITY AND DIVERSITY. FRIENDS ACADEMY SERVED 688 STUDENTS DURING THE 2022-2023 SCHOOL YEAR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $996,804 | ExpenseAmt |
| Grant | $66,123 | GrantAmt |
| Revenue | $740,780 | RevenueAmt |
| Desc | SUMMER PROGRAM: FRIENDS ACADEMY SUMMER CAMP PROGRAMS ARE BASED ON THE BELIEF IN THE UNIQUE WORTH OF EVERY CHILD. PROGRAM ACCOMPLISHMENTS INCLUDE DEVELOPING EACH CAMPER'S SELF-CONFIDENCE AS FULLY AS POSSIBLE BY PROVIDING A PLACE WHERE CHILDREN CAN HAVE FUN, MAKE FRIENDS, AND LEARN IN A SAFE AND FRIENDLY ENVIRONMENT, IMPLEMENTING AN ORGANIZED PROGRAM OF FUN AND EXCITING ACTIVITIES THAT PROVIDE MULTIPLE OPPORTUNITIES FOR CAMPERS TO LEARN, SUCCEED, AND DEVELOP CONFIDENCE. THE SUMMER CAMP CONSISTS OF OVER 30 DIVERSE PROGRAMS (SPORTS, ARTS, SCIENCE, COMPUTERS, ACADEMIC AND TRAVEL) FOR AGES 3-15 YRS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $29,069,043 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 66 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 332 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN MARIE TIDONA | PersonNm |
| Phone | 5166760393 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 DUCK POND ROAD | AddressLine1Txt |
| City | LOCUST VALLEY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11560 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| FRANK INGRASSIA | |||||||
| PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID GELFAND | |||||||
| VICE PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RACHEL ETESS GREEN | |||||||
| VICE PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEPHEN WITTHUHN | |||||||
| SECRETARY | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREW MENZIN | |||||||
| ASSISTANT SECRETARY | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RAJINDER SINGH | |||||||
| TREASURER | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DANIEL BYSTROM | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JEFF DANIELS | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| TIM DOOLEY | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| TONY FLORENCE | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS GIBIAN | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY JASKE | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JEANNINE LOSTRITTO | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ROSEANN MARTIN | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JED MOREY | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| CAROLYN MOTT | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE PELLETIER | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH PODBELA | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER WOLF | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ZIMU ZHENG | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ANDREA KELLY | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $609,612 | $0 | $105,960 | ||
| ANN MARIE TIDONA | |||||||
| DIRECTOR OF FINANCE | 40.00 | Yes (X) | $306,833 | $0 | $62,492 | ||
| TAISHA THOMPSON | |||||||
| DIRECTOR OF ADMISSIONS | 40.00 | $254,380 | $0 | $48,275 | Yes (X) | ||
| JENIFER HALLIDAY | |||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | $213,499 | $0 | $87,638 | Yes (X) | ||
| KEVIN BARRY | |||||||
| DIRECTOR OF ADVANCEMENT | 40.00 | $209,748 | $0 | $19,942 | Yes (X) | ||
| MARK SCHOEFFEL | |||||||
| UPPER SCHOOL PRINCIPAL | 40.00 | $192,186 | $0 | $44,586 | Yes (X) | ||
| DIANA PARENTE | |||||||
| DIRECTOR OF ATHLETICS & P.E. | 40.00 | $172,235 | $0 | $63,233 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,958,493 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $432,126 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 43 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FLIK INDEPENDENT SCHOOL | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | FOOD SERVICES | $1,334,310 |
| S L A M ARCHITECTS PC | |||||
| 80 GLASTONBURY BOULEVARD | GLASTONBURY | CT | 06033 | CONSTRUCTION | $574,866 |
| DYNAMIC AIR CONDITIONING CO | |||||
| 25-70 ULMER ST 2ND FLOOR | QUEENS | NY | 11354 | HVAC SERVICE | $243,889 |
| AMERICAN PAVING INC | |||||
| 8 FOREST AVE | GLEN COVE | NY | 11542 | PAVING REPAIRS | $112,675 |
| CARNEY SANDOE & ASSOCIATES | |||||
| 200 HIGH STREET | BOSTON | MA | 02110 | FACULTY PLACEMENT | $102,276 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $288,441 | FundraisingAmt |
| Government Grants | $329,181 | GovernmentGrantsAmt |
| All Other Contributions | $2,261,731 | AllOtherContributionsAmt |
| Total Contributions | $2,879,353 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611110 | $27,173,003 | $27,173,003 |
| AUXILIARY SERVICES | 611110 | $1,223,024 | $1,223,024 |
| SUMMER AND AFTERSCHOOL PROGRAMS | 611110 | $740,780 | $740,780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $29,136,807 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,263,268 | TotalRevenueColumnAmt |
| Exclusion | $1,263,268 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $266,629 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $81,721 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $184,908 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $184,908 | TotalRevenueColumnAmt |
| Exclusion | $184,908 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,125,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,126,246 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,246 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,246 | TotalRevenueColumnAmt |
| Exclusion | -$1,246 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $398,538 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $288,441 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $218,967 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $179,571 | TotalRevenueColumnAmt |
| Exclusion | $179,571 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $64,922 | TotalRevenueColumnAmt |
| Exclusion | $64,922 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $64,922 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,707,583 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,136,807 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,691,423 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,148,135 | TotalAmt |
| Program Services | $2,148,135 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,079,360 | TotalAmt |
| Management And General | $1,079,360 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,027,143 | TotalAmt |
| Program Services | $13,536,573 | ProgramServicesAmt |
| Management And General | $1,499,154 | ManagementAndGeneralAmt |
| Fundraising | $991,416 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750,821 | TotalAmt |
| Program Services | $650,063 | ProgramServicesAmt |
| Management And General | $51,811 | ManagementAndGeneralAmt |
| Fundraising | $48,947 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,764,447 | TotalAmt |
| Program Services | $3,123,678 | ProgramServicesAmt |
| Management And General | $504,853 | ManagementAndGeneralAmt |
| Fundraising | $135,916 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,236,712 | TotalAmt |
| Program Services | $938,971 | ProgramServicesAmt |
| Management And General | $179,324 | ManagementAndGeneralAmt |
| Fundraising | $118,417 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,079 | TotalAmt |
| Program Services | $95,079 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,075 | TotalAmt |
| Management And General | $49,075 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,898,720 | TotalAmt |
| Program Services | $1,078,902 | ProgramServicesAmt |
| Management And General | $798,982 | ManagementAndGeneralAmt |
| Fundraising | $20,836 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,427 | TotalAmt |
| Program Services | $5,594 | ProgramServicesAmt |
| Management And General | $196,833 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $461,345 | TotalAmt |
| Program Services | $228,312 | ProgramServicesAmt |
| Management And General | $215,116 | ManagementAndGeneralAmt |
| Fundraising | $17,917 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $527,539 | TotalAmt |
| Program Services | $76,760 | ProgramServicesAmt |
| Management And General | $450,779 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,769,894 | TotalAmt |
| Program Services | $1,596,742 | ProgramServicesAmt |
| Management And General | $144,892 | ManagementAndGeneralAmt |
| Fundraising | $28,260 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,378 | TotalAmt |
| Program Services | $238,368 | ProgramServicesAmt |
| Management And General | $5 | ManagementAndGeneralAmt |
| Fundraising | $5 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,189 | TotalAmt |
| Program Services | $131,167 | ProgramServicesAmt |
| Management And General | $13,017 | ManagementAndGeneralAmt |
| Fundraising | $5 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,557,505 | TotalAmt |
| Program Services | $1,480,053 | ProgramServicesAmt |
| Management And General | $77,452 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $585,110 | TotalAmt |
| Program Services | $544,247 | ProgramServicesAmt |
| Management And General | $29,188 | ManagementAndGeneralAmt |
| Fundraising | $11,675 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FUNCTIONS AND FOOD | $1,290,276 | $1,141,957 | $115,161 | $33,158 |
| CLASSROOM INSTRUCTION | $916,717 | $916,717 | ||
| REPAIRS AND MAINTENANCE | $581,109 | $569,983 | $7,044 | $4,082 |
| RECRUITMENT | $465,773 | $111,850 | $353,821 | $102 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,485 | TotalAmt |
| Program Services | $455,892 | ProgramServicesAmt |
| Management And General | $49,527 | ManagementAndGeneralAmt |
| Fundraising | $5,066 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,300,239 | TotalAmt |
| Program Services | $29,069,043 | ProgramServicesAmt |
| Management And General | $5,815,394 | ManagementAndGeneralAmt |
| Fundraising | $1,415,802 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,408,761 | BOYAmt |
| EOY | $8,467,821 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223 | BOYAmt |
| EOY | $25,488 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,675 | BOYAmt |
| EOY | $217,809 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $392,133 | BOYAmt |
| EOY | $375,493 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,034 | BOYAmt |
| EOY | $2,980 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,385 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $493,016 | BOYAmt |
| EOY | $303,720 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $70,843,254 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,109,356 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,134,915 | BOYAmt |
| EOY | $40,733,898 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,027,441 | BOYAmt |
| EOY | $60,374,570 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,060 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,966,643 | BOYAmt |
| EOY | $110,501,779 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,264,360 | BOYAmt |
| EOY | $2,019,831 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,207,248 | BOYAmt |
| EOY | $4,587,712 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,916,290 | BOYAmt |
| EOY | $9,792,545 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,387,898 | BOYAmt |
| EOY | $16,400,088 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,655,678 | BOYAmt |
| EOY | $89,747,917 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,923,067 | BOYAmt |
| EOY | $4,353,774 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,578,745 | BOYAmt |
| EOY | $94,101,691 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,966,643 | BOYAmt |
| EOY | $110,501,779 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,592,656 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,113,902 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,700 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,105,724 | BeginningYearBalanceAmt |
| Contributions | $235,677 | ContributionsAmt |
| Investment Earnings Or Losses | $6,376,302 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,125,000 | OtherExpendituresAmt |
| End Year Balance | $60,592,703 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $69,022,765 | BeginningYearBalanceAmt |
| Contributions | $198,266 | ContributionsAmt |
| Investment Earnings Or Losses | -$9,145,307 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,970,000 | OtherExpendituresAmt |
| End Year Balance | $57,105,724 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,673,040 | BeginningYearBalanceAmt |
| Contributions | $91,291 | ContributionsAmt |
| Investment Earnings Or Losses | $16,513,434 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,255,000 | OtherExpendituresAmt |
| End Year Balance | $69,022,765 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $61,953,559 | BeginningYearBalanceAmt |
| Contributions | $22,760 | ContributionsAmt |
| Investment Earnings Or Losses | $3,311,721 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,615,000 | OtherExpendituresAmt |
| End Year Balance | $62,673,040 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,435,422 | BeginningYearBalanceAmt |
| Contributions | $1,361,925 | ContributionsAmt |
| Investment Earnings Or Losses | $4,156,187 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,999,975 | OtherExpendituresAmt |
| End Year Balance | $61,953,559 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.93477 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.04003 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.02520 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $961,346 | OtherCostOrOtherBasisAmt |
| Book Value | $961,346 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $60,587,761 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,375,690 | DepreciationAmt |
| Book Value | $35,212,071 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,353,332 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,833,770 | DepreciationAmt |
| Book Value | $2,519,562 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,827,039 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,899,896 | DepreciationAmt |
| Book Value | $927,143 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,113,776 | OtherCostOrOtherBasisAmt |
| Book Value | $1,113,776 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,733,898 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $36,941,672 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,113,902 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $302,388 | OtherRevenueAmt |
| Revenue Not Reported | $5,416,290 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,525,382 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,182,201 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,182,201 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $33,707,583 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,418,726 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $300,688 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $300,688 | ExpensesNotReportedAmt |
| Expenses Subtotal | $34,118,038 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,182,201 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,182,201 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $36,300,239 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | FRIENDS ACADEMY'S ENDOWMENT CONSISTS OF SEVERAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR FACULTY SALARIES, PROFESSIONAL DEVELOPMENT AND STUDENT SCHOLARSHIPS. |
| PART X, LINE 2: | FRIENDS ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT FRIENDS ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. FRIENDS ACADEMY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE REPORTED ON PART VIII, LINE 6B 81,721. SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 218,967. GAIN ON DISPOSAL OF ASSETS 1,700. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID REPORTED ON PART IX, LINE 2 2,141,135. CREDIT CARD PROCESSING FEES REPORTED ON PART IX, LINE 13 41,066. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE REPORTED ON PART VIII, LINE 6B 81,721. SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 218,967. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID REPORTED ON PART IX, LINE 2 2,141,135. CREDIT CARD PROCESSING FEES REPORTED ON PART IX, LINE 13 41,066. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVES FUNDS FROM THE NYS DEPARTMENT OF EDUCATION AS A REIMBURSEMENT FOR LIBRARY BOOKS AND COMPUTER SOFTWARE PURCHASES AS WELL AS AID MONIES FROM NEW YORK STATE FOR TAKING DAILY ATTENDANCE BASED ON THE NUMBER OF STUDENTS ENROLLED. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION - FRIENDS TOGETHER | Event1Nm |
| Gross Receipts Event1 | $571,395 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $288,441 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $282,954 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $47,071 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $4,490 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $60,528 | OtherDirectExpensesEvent1Amt |
| Event2 | FALL FAIR | Event2Nm |
| Gross Receipts Event2 | $60,305 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $60,305 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $71,558 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $55,279 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $55,279 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $35,320 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $686,979 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $288,441 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $398,538 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $47,071 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $4,490 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $167,406 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $218,967 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $179,571 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| TUITION FINANCIAL AID | 78 | $2,025,092 |
| SUMMER AND AFTER-SCHOOL FINANCIAL AID | 64 | $66,123 |
| QUAKER DISCOUNTS | 8 | $49,920 |
| AWARDS AND SCHOLARSHIPS | 3 | $7,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ONCE A STUDENT HAS BEEN ACCEPTED FOR ADMISSION, THE FINANCIAL AID COMMITTEE DETERMINES AWARDS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED WITHOUT REGARD TO GENDER, RACE, SEXUAL ORIENTATION, RELIGION, OR NATIONAL OR ETHNIC ORIGIN IN ACCORDANCE WITH STATE OR FEDERAL LAWS OR REGULATIONS. EACH AWARD IS A NEED-BASED GRANT AND REQUIRES NO DIRECT REPAYMENT. GRANTS ARE REVIEWED ANNUALLY AND ARE ONLY BASED ON FINANCIAL NEED AND NOT ON ACADEMIC, ATHLETIC OR ARTISTIC PERFORMANCE. FRIENDS ACADEMY USES THE NEED ANALYSIS SERVICE OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) TO DETERMINE A FAMILY'S CONTRIBUTION. PARENTS SUBMIT INFORMATION TO SSS ONLINE AND A COPY OF THE ONLINE FORM TO FRIENDS ACADEMY. IN TURN, SSS CONSIDERS FACTORS SUCH AS TOTAL INCOME, ASSETS, FAMILY SIZE, AGE OF PARENTS, NUMBER OF CHILDREN IN TUITION-CHARGING SCHOOLS, AND RETIREMENT NEEDS TO ESTABLISH THE FAMILY'S CONTRIBUTION. IN THE SITUATION OF DIVORCED PARENTS, FRIENDS ACADEMY REQUIRES BOTH PARENTS TO COMPLETE THE SSS FORMS. THE ADMISSIONS AND FINANCIAL AID OFFICE USES THE SSS RECOMMENDATION IN CONJUNCTION WITH INFORMATION PROVIDED BY A COPY OF A FAMILY'S FEDERAL TAX RETURN TO DETERMINE THE AMOUNT OF EACH AWARD. AS SSS IS A NATIONAL SERVICE, FRIENDS ACADEMY APPLIES A COST OF LIVING ADJUSTMENT TO THE CALCULATED FAMILY CONTRIBUTION. THE ADMISSIONS AND FINANCIAL AID OFFICE REVIEWS EACH APPLICATION AND GRANTS AWARDS BASED ON FAMILY NEED AND OVERALL REQUESTS. ALL FAMILIES' FINANCIAL INFORMATION IS CONFIDENTIAL. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANDREA KELLY | ||||||||||||||
| HEAD OF SCHOOL | $550,671 | $0 | $50,000 | $0 | $8,941 | $0 | $32,700 | $0 | $73,260 | $0 | $715,572 | $0 | $0 | $0 |
| ANN MARIE TIDONA | ||||||||||||||
| DIRECTOR OF FINANCE | $301,059 | $0 | $5,000 | $0 | $774 | $0 | $30,500 | $0 | $31,992 | $0 | $369,325 | $0 | $0 | $0 |
| TAISHA THOMPSON | ||||||||||||||
| DIRECTOR OF ADMISSIONS | $207,443 | $0 | $36,667 | $0 | $10,270 | $0 | $9,137 | $0 | $39,138 | $0 | $302,655 | $0 | $0 | $0 |
| JENIFER HALLIDAY | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL | $213,229 | $0 | $0 | $0 | $270 | $0 | $8,531 | $0 | $79,107 | $0 | $301,137 | $0 | $0 | $0 |
| MARK SCHOEFFEL | ||||||||||||||
| UPPER SCHOOL PRINCIPAL | $191,412 | $0 | $0 | $0 | $774 | $0 | $7,903 | $0 | $36,683 | $0 | $236,772 | $0 | $0 | $0 |
| DIANA PARENTE | ||||||||||||||
| DIRECTOR OF ATHLETICS & P.E. | $149,274 | $0 | $0 | $0 | $22,961 | $0 | $7,054 | $0 | $56,179 | $0 | $235,468 | $0 | $0 | $0 |
| KEVIN BARRY | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $209,568 | $0 | $0 | $0 | $180 | $0 | $8,383 | $0 | $11,559 | $0 | $229,690 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | AS A CONDITION OF EMPLOYMENT, ANDREA KELLY, THE HEAD OF SCHOOL, MAINTAINS HER PRINCIPAL RESIDENCE AT THE SCHOOL. THE SCHOOL WILL ALSO PROVIDE THE HEAD OF SCHOOL'S RESIDENCE WITH HOUSEHOLD SERVICES AND UPKEEP, INCLUDING UTILITIES, CLEANING, LANDSCAPING, LAWN MAINTENANCE, AND OTHER SIMILAR EXPENDITURES. THE HOUSING IS NON-TAXABLE TO THE INDIVIDUAL. |
| PART I, LINE 7 | INDIVIDUALS REPORTED ON FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II RECEIVED BOARD APPROVED DISCRETIONARY BONUSES IN 2022. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASSAU COUNTY LOCAL ECONOMIC ASSISTANCE CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 274291221 | BondIssuerEIN |
| Bond Issued | 2022-12-22 | BondIssuedDt |
| Issue Price | $32,000,000 | IssuePriceAmt |
| Purpose | REFINANCE 2016 BONDS, LIBRARY RENOVATION & NEW CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $32,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $614,278 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $644,730 | CapitalExpendituresAmt |
| Other Spent Proceeds | $9,127,339 | OtherSpentProceedsAmt |
| Unspent | $21,613,653 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF TRUSTEES RECEIVE AN ELECTRONIC FORM OF THE FINAL FORM 990 BEFORE IT IS FILED WITH THE IRS. IN ORDER TO PROTECT THE CONFIDENTIALITY OF THE DONORS, SCHEDULE B IS NOT PROVIDED TO THE TRUSTEES. THERE ARE NO FURTHER LIMITATIONS OF THE TRUSTEES' REVIEW. THE TRUSTEES REVIEW THE INFORMATION INDEPENDENTLY AND ARE ASKED TO DIRECT ANY QUESTIONS TO THE HEAD OF THE SCHOOL AND DIRECTOR OF FINANCE. THE FORM 990 IS DISCUSSED AT A BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ACADEMY MONITORS AND ENFORCES A CONFLICT OF INTEREST POLICY. THE POLICY CLEARLY IDENTIFIES AREAS OF POTENTIAL CONFLICT, REVIEW PROCEDURES, AND DISCLOSURE RESPONSIBILITIES. THE POLICY IS REVIEWED ANNUALLY AND EACH TRUSTEE, OFFICER AND EMPLOYEE IS REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE POLICY CLEARLY STATES THAT WHERE A POTENTIAL CONFLICT OF INTEREST EXISTS, IT SHALL BE THE RESPONSIBILITY OF THE PERSON INVOLVED TO NOTIFY THE BOARD OF TRUSTEES OF THE GUIDANCE AND TAKE APPROPRIATE ACTION. AN INTERESTED PERSON WHO HAS A POTENTIAL CONFLICT OF INTEREST IN A DECISION-MAKING PROCESS SHALL RECUSE HIMSELF OR HERSELF FROM THE DECISION-MAKING PROCESS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMMITTEE ON COMPENSATION AND CONFLICTS CONSISTING OF BOARD MEMBERS WHO HAVE NO CONFLICTS OF INTEREST DETERMINE THE COMPENSATION OF THE HEAD OF SCHOOL, THE SCHOOL'S CHIEF EXECUTIVE OFFICER. REASONABLE COMPENSATION IS DETERMINED BASED UPON PERFORMANCE AND COMPARISON TO COMPARABLE INSTITUTIONS. COMPARABLE INSTITUTIONS INCLUDE RELEVANT BENCHMARKS FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), PARTICIPATION IN THE INDEPENDENT SCHOOL DATA EXCHANGE (INDEX) AND OTHER RELEVANT DATA. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION FOR ALL OTHER KEY ADMINISTRATORS BASED ON THE SAME BENCHMARKS USED TO DETERMINE THE HEAD OF SCHOOL'S COMPENSATION. THE COMMITTEE ON COMPENSATION AND CONFLICTS RECEIVES AN OPINION THAT THE COMPENSATION PACKAGE FALLS WITHIN THE "SAFE HARBORS" DEFINITION AS WELL AS A REBUTTABLE PRESUMPTION CHECKLIST FROM AN INDEPENDENT CONSULTANT. THE AFOREMENTIONED PROCESS WAS COMPLETED IN 2022 FOR 2022-2023 SALARIES. THE APPROVAL IS DOCUMENTED IN THE MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 990, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XI, LINE 9: | GAIN ON DISPOSAL OF ASSETS 1,700. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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