BUXTON SCHOOL INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BUXTON SCHOOL INC (EIN 04-2219425)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-02-15
IRS object ID
202440469349300504
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-02-15T08:46:20-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205711238PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ADELSON & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 NORTH STREETAddressLine1Txt
CityPITTSFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01201ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042219425EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BUXTON SCHOOLINCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUXTBusinessNameControlTxt
Phone4134583919PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1291 SOUTH STREETAddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN KALAPOSPersonNm
Person TitleCO-DIRECTORPersonTitleTxt
Phone4134583919PhoneNum
Signature2024-02-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastKALAPOSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAROL J LEIBINGER-HEALEY CPAPreparerPersonNm
PTINP00849882PTIN
Phone4134436408PhoneNum
Preparation2024-02-08PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTOM RUTLEDGEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1291 SOUTH STREETAddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,159,726GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BUXTONSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1950FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO CREATE AN ENVIRONMENT WHERE TRULY PROGRESSIVE EDUCATION CAN BE LIVED EVERY MINUTE OF EVERY DAY, WHERE LEARNING IS PERSONAL, MEANINGFUL, EQUITABLE, AND RELEVANT. BY DOING THIS, WE EQUIP BUXTON STUDENTS AND ALUMNI TO BE DEEPLY REFLECTIVE AND CREATIVE BUILDERS AND SHAPERS OF EVERY COMMUNITY THEY TOUCHActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee56TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$842,422PYContributionsGrantsAmt
CY Contributions Grants$1,707,687CYContributionsGrantsAmt
PY Program Service Revenue$3,772,387PYProgramServiceRevenueAmt
CY Program Service Revenue$3,573,608CYProgramServiceRevenueAmt
PY Investment Income$37,080PYInvestmentIncomeAmt
CY Investment Income$12,409CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,651,889PYTotalRevenueAmt
CY Total Revenue$5,293,704CYTotalRevenueAmt
PY Grants And Similar Paid$1,826,270PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,667,900CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,878,201PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,947,952CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$168,714CYTotalFundraisingExpenseAmt
PY Other Expenses$1,157,313PYOtherExpensesAmt
CY Other Expenses$1,163,917CYOtherExpensesAmt
PY Total Expenses$4,861,784PYTotalExpensesAmt
CY Total Expenses$4,779,769CYTotalExpensesAmt
PY Revenues Less Expenses-$209,895PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$513,935CYRevenuesLessExpensesAmt
Total Assets BOY$7,238,329TotalAssetsBOYAmt
Total Assets EOY$7,076,361TotalAssetsEOYAmt
Total Liabilities BOY$2,662,485TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,829,060TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,575,844NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,247,301NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO CREATE AN ENVIRONMENT WHERE TRULY PROGRESSIVE EDUCATION CAN BE LIVED EVERY MINUTE OF EVERY DAY, WHERE LEARNING IS PERSONAL, MEANINGFUL, EQUITABLE, AND RELEVANT. BY DOING THIS, WE EQUIP BUXTON STUDENTS AND ALUMNI TO BE DEEPLY REFLECTIVE AND CREATIVE BUILDERS AND SHAPERS OF EVERY COMMUNITY THEY TOUCHMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,167,724ExpenseAmt
Grant$1,667,900GrantAmt
Revenue$3,573,608RevenueAmt
DescTEACHING AND STUDENT ACTIVITIES, OPERATION OF A SECONDARY SCHOOL TO ASSIST IN THE OVERALL DEVELOPMENT OF STUDENTS INCLUDING KITCHEN & OPERATIONS FACILITY EXPENSES IN SUPPORT OF THE TEACHING AND STUDENT ACTIVITIES PROGRAMSDesc
Total Program Service Expenses$4,167,724TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document31IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee56EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4134583919PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1291 SOUTH STAddressLine1Txt
CityWILLIAMSTOWNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01267ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
FRANNY SHUKER-HAINES
DIRECTOR40.00Yes (X)Yes (X)$46,017$0$23,181
TOM RUTLEDGE
PRESIDENT1.50Yes (X)Yes (X)$0$0$0
NANCY E GLOWA ESQ
VICE PRESIDENT1.50Yes (X)Yes (X)$0$0$0
DAVID GARDNER
SECRETARY1.50Yes (X)Yes (X)$0$0$0
ARJUN ACHUTHAN
TRUSTEE1.50Yes (X)$0$0$0
SAMMY CHAMINO
TRUSTEE1.50Yes (X)$0$0$0
DEAN ATKINS
TRUSTEE1.50Yes (X)$0$0$0
RACHEL NAGLER
TRUSTEE1.50Yes (X)$0$0$0
CHRISTOPHER TACY
TRUSTEE1.50Yes (X)$0$0$0
WILLIAM MORSE
TRUSTEE1.50Yes (X)$0$0$0
NANCY NEWBERGER
TRUSTEE1.50Yes (X)$0$0$0
SARAH WORKNEH
TRUSTEE1.50Yes (X)$0$0$0
ANDREA CURRIER
HONORARY TRUSTEE1.50Yes (X)$0$0$0
YOLANDA LAWRENCE
TRUSTEE1.50Yes (X)$0$0$0
REBECCA VITALI-DECOLA
TRUSTEE1.50Yes (X)$0$0$0
PETER BECK
HEAD OF SCHOOL40.00Yes (X)Yes (X)$85,078$0$25,230
FieldValueIRS element (for citing)
Total Reportable Comp From Org$131,095TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$48,411TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,707,687AllOtherContributionsAmt
Noncash Contributions$154,749NoncashContributionsAmt
Total Contributions$1,707,687TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION900099$3,405,474$3,405,474
ACTIVITY FEES900099$160,338$160,338
BOOK REVENUE900099$7,796$7,796
FieldValueIRS element (for citing)
Total Program Service Revenue$3,573,608TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,184TotalRevenueColumnAmt
Exclusion$38,184ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$840,247SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$866,022SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$25,775SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$25,775TotalRevenueColumnAmt
Exclusion-$25,775ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,293,704TotalRevenueColumnAmt
Related Or Exempt Func Income$3,573,608RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$12,409ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,667,900TotalAmt
Program Services$1,667,900ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$211,041TotalAmt
Program Services$61,154ProgramServicesAmt
Management And General$105,520ManagementAndGeneralAmt
Fundraising$44,367FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,330,293TotalAmt
Program Services$1,144,358ProgramServicesAmt
Management And General$149,268ManagementAndGeneralAmt
Fundraising$36,667FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$291,944TotalAmt
Program Services$230,912ProgramServicesAmt
Management And General$43,512ManagementAndGeneralAmt
Fundraising$17,520FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$114,674TotalAmt
Program Services$91,668ProgramServicesAmt
Management And General$17,782ManagementAndGeneralAmt
Fundraising$5,224FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,583TotalAmt
Management And General$11,583ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$35,500TotalAmt
Management And General$35,500ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,851TotalAmt
Management And General$15,851ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,357TotalAmt
Management And General$2,132ManagementAndGeneralAmt
Fundraising$3,225FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$63,484TotalAmt
Program Services$52,963ProgramServicesAmt
Fundraising$10,521FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$77,330TotalAmt
Program Services$2,351ProgramServicesAmt
Management And General$38,745ManagementAndGeneralAmt
Fundraising$36,234FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$297,239TotalAmt
Program Services$297,239ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,330TotalAmt
Management And General$5,330ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$41,146TotalAmt
Program Services$41,146ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$132,514TotalAmt
Program Services$132,514ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$68,605TotalAmt
Program Services$58,249ProgramServicesAmt
Management And General$9,488ManagementAndGeneralAmt
Fundraising$868FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
TEACHING & STUDENT ACTI$180,086$180,086
FOOD & KITCHEN SUPPLIES$161,562$161,562
AUTO EXPENSES$28,184$28,184
TELEPHONE$15,653$4,894$5,728$5,031

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$24,493TotalAmt
Program Services$12,544ProgramServicesAmt
Management And General$2,892ManagementAndGeneralAmt
Fundraising$9,057FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,779,769TotalAmt
Program Services$4,167,724ProgramServicesAmt
Management And General$443,331ManagementAndGeneralAmt
Fundraising$168,714FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$750,498BOYAmt
EOY$1,124,280EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,182,882BOYAmt
EOY$945,993EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,002,318BOYAmt
EOY$633,968EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$685,742BOYAmt
EOY$768,034EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$3,919BOYAmt
EOY$3,919EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,055BOYAmt
EOY$10,374EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,548,804LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,480,254LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,200,491BOYAmt
EOY$2,068,550EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,401,424BOYAmt
EOY$1,521,243EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,238,329BOYAmt
EOY$7,076,361EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$30,227BOYAmt
EOY$30,590EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,303,401BOYAmt
EOY$987,778EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$828,857BOYAmt
EOY$810,692EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$500,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,662,485BOYAmt
EOY$1,829,060EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,130,490BOYAmt
EOY$3,322,520EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,445,354BOYAmt
EOY$1,924,781EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,575,844BOYAmt
EOY$5,247,301EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,238,329BOYAmt
EOY$7,076,361EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$513,935ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$157,522NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,373,051BeginningYearBalanceAmt
Contributions$30,043ContributionsAmt
Investment Earnings Or Losses$131,384InvestmentEarningsOrLossesAmt
Other Expenditures$632,000OtherExpendituresAmt
End Year Balance$1,902,478EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,424,253BeginningYearBalanceAmt
Contributions$49,857ContributionsAmt
Investment Earnings Or Losses-$101,059InvestmentEarningsOrLossesAmt
End Year Balance$2,373,051EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,404,698BeginningYearBalanceAmt
Contributions$64,891ContributionsAmt
Investment Earnings Or Losses$131,972InvestmentEarningsOrLossesAmt
Other Expenditures$177,308OtherExpendituresAmt
End Year Balance$2,424,253EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,117,981BeginningYearBalanceAmt
Contributions$1,609,728ContributionsAmt
Investment Earnings Or Losses$26,989InvestmentEarningsOrLossesAmt
Grants Or Scholarships$14,922GrantsOrScholarshipsAmt
Other Expenditures$335,078OtherExpendituresAmt
End Year Balance$2,404,698EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$885,428BeginningYearBalanceAmt
Contributions$607,275ContributionsAmt
Investment Earnings Or Losses$53,278InvestmentEarningsOrLossesAmt
Grants Or Scholarships$19,012GrantsOrScholarshipsAmt
Other Expenditures$408,988OtherExpendituresAmt
End Year Balance$1,117,981EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$199,000OtherCostOrOtherBasisAmt
Book Value$199,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,809,899OtherCostOrOtherBasisAmt
Depreciation$2,991,617DepreciationAmt
Book Value$1,818,282BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$304,046OtherCostOrOtherBasisAmt
Depreciation$285,410DepreciationAmt
Book Value$18,636BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$235,859OtherCostOrOtherBasisAmt
Depreciation$203,227DepreciationAmt
Book Value$32,632BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,068,550TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,767,475TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$157,522NetUnrealizedGainsInvstAmt
Revenue Not Reported$157,522RevenueNotReportedAmt
Revenue Subtotal$3,609,953RevenueSubtotalAmt
Investment Expenses Not Incld$15,851InvestmentExpensesNotIncldAmt
Other Revenues Not Included$1,667,900OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,683,751RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,293,704TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,096,018TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,096,018ExpensesSubtotalAmt
Investment Expenses Not Incld2$15,851InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$1,667,900OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,683,751ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,779,769TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWMENT CONSISTS OF INDIVIDUAL DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE RESTRICTIONS INCLUDE SCHOLARSHIPS, FACULTY ENRICHMENT AND GENERAL ENDOWMENT.
PART X, LINE 2:MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS GRANTED TO STUDENTS 1,667,900.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS GRANTED TO STUDENTS 1,667,900.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE SCHOOL DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM THE NORTHEAST SECTION OF THE NATION. THE SCHOOL FOLLOWS A RACIAL NONDISCRIMINATORY POLICY AND COMPLIES WITH SECTION 4.02ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS BASED ON NEEDGrantTypeTxt
Recipient39RecipientCnt
Non Cash Assistance$1,667,900NonCashAssistanceAmt
Valuation Method UsedSTANDARD SCHOOL TUITIONValuationMethodUsedDesc
Non Cash AssistanceTUITION CREDITNonCashAssistanceDesc

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1209ContributionCnt
Noncash Contributions Rpt F990$154,149NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescEQUIPMENTDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$600NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE 990 WILL BE DISTRIBUTED TO ALL BOARD MEMBERS FOR APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, BOARD MEMBER, OFFICER, EMPLOYEE AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THEY HAVE RECIEVED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON OR MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL INVESTIGATE THE POSSIBLE CONFLICT AND HAS THE AUTHORITY UNDER THE POLICY TO TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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