LAUSANNE COLLEGIATE SCHOOL: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LAUSANNE COLLEGIATE SCHOOL (EIN 62-0517292)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-04-15
- IRS object ID
- 202431069349302243
- 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 I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-15T20:19:39-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 620428728 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REYNOLDS BONE & GRIESBECK PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 WHEELIS DRIVE SUITE 300 | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 381174568 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620517292 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUSANNE COLLEGIATE SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAUS | BusinessNameControlTxt |
| Phone | 9014741000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1381 W MASSEY RD | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 381203206 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TROY GRAHAM | PersonNm |
| Person Title | BUSINESS MANAGER | PersonTitleTxt |
| Phone | 9014741000 | PhoneNum |
| Signature | 2024-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TROY | PersonFirstNm |
| Person Last | GRAHAM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KELLY S CROW | PreparerPersonNm |
| PTIN | P01519168 | PTIN |
| Phone | 9016822431 | PhoneNum |
| Preparation | 2024-03-25 | 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 | TROY GRAHAM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1381 W MASSEY RD | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 381203206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $27,256,830 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LAUSANNESCHOOL.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 254 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,640,632 | PYContributionsGrantsAmt |
| CY Contributions Grants | $567,359 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,807,443 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $26,080,347 | CYProgramServiceRevenueAmt |
| PY Investment Income | $105,799 | PYInvestmentIncomeAmt |
| CY Investment Income | $312,532 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$25,918 | PYOtherRevenueAmt |
| CY Other Revenue | -$5,552 | CYOtherRevenueAmt |
| PY Total Revenue | $26,527,956 | PYTotalRevenueAmt |
| CY Total Revenue | $26,954,686 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,243,135 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,693,494 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,672,722 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,418,286 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $596,220 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,518,519 | PYOtherExpensesAmt |
| CY Other Expenses | $7,733,406 | CYOtherExpensesAmt |
| PY Total Expenses | $23,434,376 | PYTotalExpensesAmt |
| CY Total Expenses | $25,845,186 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,093,580 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,109,500 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $26,922,385 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,065,874 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,185,080 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,248,276 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,737,305 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,817,598 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PREPARE EACH OF ITS STUDENTS FOR COLLEGE AND FOR LIFE IN A GLOBAL ENVIRONMENT | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,705,069 | ExpenseAmt |
| Grant | $3,693,494 | GrantAmt |
| Revenue | $24,721,187 | RevenueAmt |
| Desc | PROVIDE EDUCATIONAL SERVICES FOR STUDENTS (PRESCHOOL THROUGH GRADE 12) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $266,528 | ExpenseAmt |
| Revenue | $361,239 | RevenueAmt |
| Desc | CAMP: SUMMER PROGRAMS TO PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING THE SUMMER MONTHS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,130,588 | ExpenseAmt |
| Revenue | $997,921 | RevenueAmt |
| Desc | AFTERCARE: PROVIDE EDUCATIONAL AND ATHLETIC SERVICES TO CHILDREN DURING AFTER SCHOOL HOURS UNTIL 6 PM. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $22,102,185 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | 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 | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 0 | 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 | 0 | TaxExemptBondsInd |
| 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 | Yes (1) | 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 | 86 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 254 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | 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 |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TROY GRAHAM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9014741000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1381 WEST MASSEY ROAD | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38120 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 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 |
|---|---|---|---|---|---|---|---|
| MIKE DERRICK | |||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SCOTT DAWSON | |||||||
| VP/FINANCE COMMITTEE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LAWSON ARNEY | |||||||
| VP/DEVELOPMENT COMMITTEE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| REBECCA BELZ | |||||||
| VP/SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MAX ALDRICH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN CAMPBELL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE DEVIVO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ERIN EVERITT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELEANOR FRENCH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER HEIST | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOMINGO HURTADO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TOM KADIEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ESPERANZA KING DE NEGLIA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD PAESSLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA SCHULTER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KUSH SHAH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENN SIGLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY BARNES WRIGHT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STUART MCCATHIE | |||||||
| HEADMASTER | 40.00 | Yes (X) | Yes (X) | $453,662 | $0 | $54,500 | |
| TROY GRAHAM | |||||||
| BUSINESS MANAGER | 40.00 | Yes (X) | $135,921 | $0 | $21,452 | ||
| GREG GRABER | |||||||
| DIRECTOR OF SOCIAL/EMOTNL | 40.00 | $117,636 | $0 | $8,643 | Yes (X) | ||
| STUART DUNSTER | |||||||
| HEAD OF UPPER SCHOOL | 40.00 | $113,283 | $0 | $60,550 | Yes (X) | ||
| CHARLOTTE ALBERTSON | |||||||
| DIRECTOR OF DEVELOPMENT AND COMMUNITY ENGAGEMENT | 40.00 | $112,791 | $0 | $24,217 | Yes (X) | ||
| KEVIN LOCASTRO | |||||||
| DIRECTOR OF ATHLETICS | 40.00 | $107,030 | $0 | $27,735 | Yes (X) | ||
| KARA BARBOUR | |||||||
| HEAD OF LOWER SCHOOL | 40.00 | $106,414 | $0 | $14,569 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,146,737 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $211,666 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | 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 |
|---|---|---|---|---|---|
| JAN-PRO CLEANING SYSTEM OF MEMPHIS | |||||
| PO BOX 1844 DEPT ES | MEMPHIS | TN | 38101 | JANITORIAL SERVICES | $280,520 |
| DOUBLE E CONSTRUCTION | |||||
| 1105 CATALINA BAY BLVD | GRANBURY | TX | 76048 | ATHLETIC TURF FIELD | $190,985 |
| MECHANICAL SYSTEMS COMPANY | |||||
| 3965 GETWELL RD | MEMPHIS | TN | 38118 | HVAC SERVICES | $150,596 |
| LISCO PROPERTY MANAGEMENT | |||||
| 3200 HIGHWAY 193 | COLLIERVILLE | TN | 38017 | PROPERTY MANAGEMENT SERVICES | $141,380 |
| VERACROSS LLC | |||||
| 401 EDGEWATER PLACE STE 360 | WAKEFIELD | MA | 01880 | SOFTWARE | $104,115 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $567,359 | AllOtherContributionsAmt |
| Total Contributions | $567,359 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $23,482,479 | $23,482,479 |
| CAFETERIA | 611710 | $1,238,708 | $1,238,708 |
| AUXILLARY | 611710 | $997,921 | $997,921 |
| SUMMER PROGRAM | 611710 | $361,239 | $361,239 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $26,080,347 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $314,092 | TotalRevenueColumnAmt |
| Exclusion | $314,092 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $295,032 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $296,592 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,560 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,560 | TotalRevenueColumnAmt |
| Exclusion | -$1,560 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Direct Expenses | $5,552 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,552 | TotalRevenueColumnAmt |
| Exclusion | -$5,552 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,954,686 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,080,347 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $306,980 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,693,494 | TotalAmt |
| Program Services | $3,693,494 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $668,814 | TotalAmt |
| Program Services | $557,122 | ProgramServicesAmt |
| Management And General | $96,309 | ManagementAndGeneralAmt |
| Fundraising | $15,383 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,594,560 | TotalAmt |
| Program Services | $8,853,997 | ProgramServicesAmt |
| Management And General | $1,499,014 | ManagementAndGeneralAmt |
| Fundraising | $241,549 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,114 | TotalAmt |
| Program Services | $348,289 | ProgramServicesAmt |
| Management And General | $60,208 | ManagementAndGeneralAmt |
| Fundraising | $9,617 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,890,860 | TotalAmt |
| Program Services | $1,575,109 | ProgramServicesAmt |
| Management And General | $273,312 | ManagementAndGeneralAmt |
| Fundraising | $42,439 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $845,938 | TotalAmt |
| Program Services | $704,666 | ProgramServicesAmt |
| Management And General | $121,815 | ManagementAndGeneralAmt |
| Fundraising | $19,457 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,709 | TotalAmt |
| Management And General | $56,709 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,815 | TotalAmt |
| Management And General | $57,815 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,984 | TotalAmt |
| Management And General | $2,984 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,248 | TotalAmt |
| Management And General | $55,147 | ManagementAndGeneralAmt |
| Fundraising | $127,101 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,865 | TotalAmt |
| Program Services | $4,235 | ProgramServicesAmt |
| Management And General | $153,415 | ManagementAndGeneralAmt |
| Fundraising | $86,215 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,649 | TotalAmt |
| Program Services | $160,687 | ProgramServicesAmt |
| Management And General | $184,192 | ManagementAndGeneralAmt |
| Fundraising | $21,770 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,630 | TotalAmt |
| Program Services | $331,434 | ProgramServicesAmt |
| Management And General | $48,845 | ManagementAndGeneralAmt |
| Fundraising | $1,351 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,496 | TotalAmt |
| Program Services | $189,644 | ProgramServicesAmt |
| Management And General | $6,494 | ManagementAndGeneralAmt |
| Fundraising | $1,358 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,369 | TotalAmt |
| Program Services | $2,324 | ProgramServicesAmt |
| Management And General | $36 | ManagementAndGeneralAmt |
| Fundraising | $9 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,463,831 | TotalAmt |
| Program Services | $1,436,019 | ProgramServicesAmt |
| Management And General | $21,957 | ManagementAndGeneralAmt |
| Fundraising | $5,855 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,169 | TotalAmt |
| Program Services | $216,966 | ProgramServicesAmt |
| Management And General | $3,318 | ManagementAndGeneralAmt |
| Fundraising | $885 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACT LABOR & SERVIC | $1,776,390 | $1,560,071 | $215,018 | $1,301 |
| MATERIAL & SUPPLIES | $861,138 | $758,854 | $101,875 | $409 |
| MAINTENANCE EXPENSE | $651,258 | $625,384 | $23,721 | $2,153 |
| FOOD EXPENSE | $617,213 | $615,228 | $1,985 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $650,642 | TotalAmt |
| Program Services | $468,662 | ProgramServicesAmt |
| Management And General | $162,612 | ManagementAndGeneralAmt |
| Fundraising | $19,368 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,845,186 | TotalAmt |
| Program Services | $22,102,185 | ProgramServicesAmt |
| Management And General | $3,146,781 | ManagementAndGeneralAmt |
| Fundraising | $596,220 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $454,769 | BOYAmt |
| EOY | $263,445 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,887,598 | BOYAmt |
| EOY | $7,060,245 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,871 | BOYAmt |
| EOY | $285,378 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,189 | BOYAmt |
| EOY | $211,366 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,918 | BOYAmt |
| EOY | $51,190 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,179 | BOYAmt |
| EOY | $332,326 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $46,018,366 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,516,490 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,409,217 | BOYAmt |
| EOY | $18,501,876 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,560,394 | BOYAmt |
| EOY | $1,579,456 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $704,250 | BOYAmt |
| EOY | $780,592 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,922,385 | BOYAmt |
| EOY | $29,065,874 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,908,889 | BOYAmt |
| EOY | $2,124,347 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,158,437 | BOYAmt |
| EOY | $1,193,624 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,754 | BOYAmt |
| EOY | $930,305 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,185,080 | BOYAmt |
| EOY | $4,248,276 | 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 | $22,695,001 | BOYAmt |
| EOY | $23,700,512 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,042,304 | BOYAmt |
| EOY | $1,117,086 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,737,305 | BOYAmt |
| EOY | $24,817,598 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,922,385 | BOYAmt |
| EOY | $29,065,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,109,500 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$29,207 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $40,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,491,956 | BeginningYearBalanceAmt |
| Contributions | $23,920 | ContributionsAmt |
| Investment Earnings Or Losses | $10,676 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $64,262 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,876 | OtherExpendituresAmt |
| Administrative Expenses | $2,984 | AdministrativeExpensesAmt |
| End Year Balance | $1,442,430 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,670,612 | BeginningYearBalanceAmt |
| Contributions | $11,371 | ContributionsAmt |
| Investment Earnings Or Losses | -$107,580 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $62,616 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,444 | OtherExpendituresAmt |
| Administrative Expenses | $3,387 | AdministrativeExpensesAmt |
| End Year Balance | $1,491,956 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,340,646 | BeginningYearBalanceAmt |
| Contributions | $16,525 | ContributionsAmt |
| Investment Earnings Or Losses | $392,308 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,049 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,770 | OtherExpendituresAmt |
| Administrative Expenses | $3,048 | AdministrativeExpensesAmt |
| End Year Balance | $1,670,612 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,365,904 | BeginningYearBalanceAmt |
| Contributions | $8,390 | ContributionsAmt |
| Investment Earnings Or Losses | $34,430 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $51,666 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,567 | OtherExpendituresAmt |
| Administrative Expenses | $2,845 | AdministrativeExpensesAmt |
| End Year Balance | $1,340,646 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,095,496 | BeginningYearBalanceAmt |
| Contributions | $309,315 | ContributionsAmt |
| Investment Earnings Or Losses | $2,797 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $41,704 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,365,904 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.60449 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.39551 | PrmnntEndowmentBalanceEOYPct |
| 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 | $871,047 | OtherCostOrOtherBasisAmt |
| Book Value | $871,047 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,310,030 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,516,490 | DepreciationAmt |
| Book Value | $11,793,540 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,417,245 | OtherCostOrOtherBasisAmt |
| Book Value | $5,417,245 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $420,044 | OtherCostOrOtherBasisAmt |
| Book Value | $420,044 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,501,876 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO VENDOR | Desc |
| Amt | $930,305 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $930,305 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,299,207 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$29,208 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $70,207 | OtherRevenueAmt |
| Revenue Not Reported | $40,999 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,258,208 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,984 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $3,693,494 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,696,478 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $26,954,686 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,228,724 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $80,016 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $80,016 | ExpensesNotReportedAmt |
| Expenses Subtotal | $22,148,708 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,984 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,693,494 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,696,478 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $25,845,186 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL'S ENDOWMENT CONSISTS OF CERTAIN INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING AWARDING SCHOLARSHIPS. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS RULED THAT THE SCHOOL QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO FEDERAL INCOME TAX UNDER PRESENT INCOME TAX LAWS. IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE SCHOOL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN TOTAL NONOPERATING EXPENSES. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEARS ENDING MAY 31, 2023 AND 2022. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR THE PERIODS IN PROGRESS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUE REPORTED BY LAUSANNE LEARNING INC. (EIN 81-1806665) 64,655. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 5,552. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE 3,693,494. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES REPORTED BY LAUSANNE LEARNING INC. (EIN 81-1806665) 74,464. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUES 5,552. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID NETTED WITH TUITION REVENUE 3,693,494. |
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 | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | ALL BROCHURES AND NEWSPAPER ADVERTISEMENTS INCLUDE THE SCHOOL'S RACIALLY NONDSCRIMINATORY POLICY. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID/SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 304 | RecipientCnt |
| Non Cash Assistance | $3,693,494 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION DISCOUNT | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STUART MCCATHIE | ||||||||||||||
| HEADMASTER | $453,662 | $0 | $0 | $0 | $0 | $0 | $24,000 | $0 | $30,500 | $0 | $508,162 | $0 | $0 | $0 |
| TROY GRAHAM | ||||||||||||||
| BUSINESS MANAGER | $135,921 | $0 | $0 | $0 | $0 | $0 | $8,425 | $0 | $13,027 | $0 | $157,373 | $0 | $0 | $0 |
| STUART DUNSTER | ||||||||||||||
| HEAD OF UPPER SCHOOL | $113,283 | $0 | $0 | $0 | $0 | $0 | $7,019 | $0 | $53,531 | $0 | $173,833 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING, THE HEADMASTER SIGNS THE FORM 990 AND THE BUSINESS MANAGER PERFORMS A CURSORY REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY BY THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HEADMASTER'S COMPENSATION AND CONTRACT ARE NEGOTIATED BY THE EXECUTIVE COMMITTEE OF THE BOARD AFTER AN EVALUATION BY A BOARD COMMITTEE IS PERFORMED. NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) STATISTICS ON HEADMASTER SALARIES BOTH IN TOTAL AND BY REGION AS WELL AS LIMITED SURVEY INFORMATION FOR THE MEMPHIS AREA FROM THE MEMPHIS ASSOCIATION OF INDEPENDENT SCHOOLS (MAIS) AIDS IN THIS DETERMINATION. THE CONTRACT IS A WRITTEN MULTI-YEAR CONTRACT THAT SETS FORTH SALARY INCREASES DURING THE TERM. ALL OTHER SALARIES ARE SET BY THE HEADMASTER. A PROFESSIONAL EMPLOYMENT AGENCY FOR EDUCATIONAL PERSONNEL AS WELL AS MAIS AND COMPARISON TO SHELBY COUNTY SCHOOLS IS USED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ENTITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 24E | STUDENT ACTIVITES: PROGRAM SERVICE EXPENSES 359,741. MANAGEMENT AND GENERAL EXPENSES 191. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 359,932. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 84,789. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,789. DUES & MEMBERSHIPS: PROGRAM SERVICE EXPENSES 43,957. MANAGEMENT AND GENERAL EXPENSES 18,412. FUNDRAISING EXPENSES 18,315. TOTAL EXPENSES 80,684. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 61,722. MANAGEMENT AND GENERAL EXPENSES 16,513. FUNDRAISING EXPENSES 1,053. TOTAL EXPENSES 79,288. BANK FEES: PROGRAM SERVICE EXPENSES 3,242. MANAGEMENT AND GENERAL EXPENSES 34,052. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,294. OTHER EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,655. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,655. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUSANNE LEARNING INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1381 W MASSEY ROAD | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811806665 | EIN |
| Primary Activities | CONSULTING SERVICES TO PUBLIC AND INDEPENDENT SCHOOLS | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 170(B)(1)(A)(VI) | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUSANNE LEARNING INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionTypeTxt |
| Involved | $689,068 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |
Comments