BOYS LATIN SCHOOL OF MARYLAND INCORPORATED: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BOYS LATIN SCHOOL OF MARYLAND INCORPORATED (EIN 52-0735085)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202401359349313410
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T19:05:45-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 INTERNATIONAL DRIVE SUITE 1400 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | 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 | 520735085 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BOYS' LATIN SCHOOL OF MARYLAND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BOYS | BusinessNameControlTxt |
| Phone | 4103775192 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 822 W LAKE AVENUE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21210 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEAN KRIEBEL | PersonNm |
| Person Title | ASSISTANT HEADMASTER/CFO | PersonTitleTxt |
| Phone | 4103775192 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SEAN | PersonFirstNm |
| Person Last | KRIEBEL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | 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 | JULIA FLANNERY | PreparerPersonNm |
| PTIN | P00928918 | PTIN |
| Phone | 4102469300 | PhoneNum |
| Preparation | 2024-05-14 | 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 | CHRISTOPHER J POST | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 822 W LAKE AVENUE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $43,172,132 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BOYSLATINMD.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | THE BOYS' LATIN SCHOOL OF MARYLAND IS A COLLEGE PREP SCHOOL FOR BOYS, GRADES K - 12. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 229 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,221,279 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,096,892 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,222,627 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,811,401 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,974,334 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,209,579 | CYInvestmentIncomeAmt |
| PY Other Revenue | $431,920 | PYOtherRevenueAmt |
| CY Other Revenue | $223,653 | CYOtherRevenueAmt |
| PY Total Revenue | $27,850,160 | PYTotalRevenueAmt |
| CY Total Revenue | $32,341,525 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,063,040 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,101,577 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,642,724 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,968,542 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $144,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $30,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,416,178 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,684,465 | PYOtherExpensesAmt |
| CY Other Expenses | $7,680,525 | CYOtherExpensesAmt |
| PY Total Expenses | $25,534,229 | PYTotalExpensesAmt |
| CY Total Expenses | $25,780,644 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,315,931 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,560,881 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $119,317,590 | TotalAssetsBOYAmt |
| Total Assets EOY | $135,818,108 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $39,788,999 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $45,248,838 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,528,591 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $90,569,270 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,058,921 | ExpenseAmt |
| Grant | $5,101,577 | GrantAmt |
| Revenue | $20,811,401 | RevenueAmt |
| Desc | OUR FACULTY: BOYS' LATIN IS A SMALL SCHOOL WITH 620 BOYS IN GRADES K-12. OUR FACULTY HAS AN AVERAGE OF 17 YEARS OF TEACHING EXPERIENCE, MORE THAN 77% HOLD ADVANCED DEGREES, AND ALL ARE EXPERTS IN ALL-BOYS EDUCATION. CLASS SIZES ARE SMALL, WITH A STUDENT-FACULTY RATIO OF 7:1. THIS ALLOWS TEACHERS TO GET TO KNOW EACH BOY, LEARNING WHAT DRIVES HIM, WHAT BOOKS HE LOVES, AND WHAT HIS FAVORITE PART OF THE SCHOOL DAY IS. TO ADVANCE OUR COMMITMENT TO BEING A SCHOOL FOR BOYS, OUR FACULTY ATTEND CONFERENCES FOCUSED ON ALL-BOYS EDUCATION, PARTICIPATE IN WORKSHOPS GIVEN BY LEADING AUTHORITIES IN THE FIELDS OF BOYS' EDUCATION AND BRAIN RESEARCH, AND CONTRIBUTE TO LOCAL CONFERENCES DEDICATED TO THE ACADEMIC, SOCIAL, AND PHYSICAL DEVELOPMENT OF BOYS. BOYS' LATIN IS AN ACTIVE MEMBER OF THE INTERNATIONAL BOYS' SCHOOL COALITION (IBSC). IBSC IS A NONPROFIT ORGANIZATION OF MORE THAN 300 MEMBER SCHOOLS FROM TWENTY COUNTRIES AND FIVE CONTINENTS, DEDICATED TO THE EDUCATION AND DEVELOPMENT OF BOYS WORLDWIDE. AT BOYS' LATIN, FACULTY ENSURE THAT BOYS ENGAGE FULLY IN THEIR LEARNING BY ENGAGING IN THE HANDS-ON ACTIVITIES, EXPERIENTIAL LEARNING, AND TEAMWORK THAT WE KNOW CAPTURES THEIR INTEREST AND DRIVES THEIR GROWTH.HISTORY & IDENTITY: FOUNDED IN 1844 BY DR. EVERT MARSH TOPPING, A PRINCETON CLASSICS PROFESSOR, BOYS' LATIN IS THE OLDEST INDEPENDENT, NON-SECTARIAN COLLEGE PREPARATORY SCHOOL FOR BOYS NOT ONLY IN MARYLAND BUT IN THE MID-ATLANTIC. BOYS' LATIN IS COMMITTED TO BEING A SMALL SCHOOL, SERVING BOYS IN GRADES K-12. AT BOYS' LATIN, EACH STUDENT IS UNIQUELY KNOWN AND VALUED FOR WHO HE IS AND IS ENCOURAGED TO GROW TO BE HIS BEST, MOST AUTHENTIC SELF. THE SCHOOL'S MOTTO, ESSE QUAM VIDERI - "TO BE RATHER THAN TO SEEM" - EMPHASIZES THE DEVELOPMENT OF ONE'S INTEGRITY, COURAGE, AND COMPASSION FOR OTHERS AND HAS BEEN THE CORE VALUE OF A BOYS' LATIN EDUCATION SINCE 1844. BOYS' LATIN WELCOMES YOUNG MEN FROM DIVERSE BACKGROUNDS AND EDUCATES THEM IN A SUPPORTIVE, STUDENT-CENTERED ENVIRONMENT. BOYS' LATIN STRIVES TO CREATE AN INCLUSIVE SCHOOL COMMUNITY AND PREPARE BOYS FOR THE PLURALISTIC SOCIETY IN WHICH WE LIVE, WORK, AND PLAY.OUR PROGRAMS: THE SCHOOL OFFERS A RIGOROUS ACADEMIC PROGRAM THAT PREPARES YOUNG MEN FOR THE CHALLENGES OF THE 21ST CENTURY. OUR ACADEMIC PROGRAM IS DESIGNED SO BOYS WILL NOT ONLY MASTER CRITICAL FOUNDATIONAL ACADEMIC SKILLS BUT PROVIDE THEM WITH THE TOOLS TO THINK CRITICALLY, APPROACH COMPLEX ISSUES AND PROBLEMS WITH A CLEAR PERSPECTIVE, AND BECOME INQUISITIVE LEARNERS. BOYS' LATIN OFFERS A COLLEGE PREPARATORY PROGRAM WITH HONORS CLASSES AND OVER 13 ADVANCED PLACEMENT (AP) AND POST-AP COLLEGE-LEVEL CLASSES IN THE UPPER SCHOOL. WE FOLLOW A 7-DAY SCHEDULE IN THE UPPER AND MIDDLE SCHOOLS THAT ALLOWS FOR ROTATION OF CORE CLASSES, MORE COURSE OFFERINGS, AND TIME FOR CO-CURRICULAR ACTIVITIES. OUR ATHLETIC PROGRAM INCLUDES 42 TEAMS THAT COMPETE IN INTERSCHOLASTIC COMPETITIONS IN SOCCER, FOOTBALL, CROSS COUNTRY, WRESTLING, SQUASH, BASKETBALL, ICE HOCKEY, LACROSSE, GOLF, BASEBALL, TENNIS, AND VOLLEYBALL. AT BOYS' LATIN, STUDENTS ARE ENCOURAGED TO PURSUE NEW INTERESTS AND TALENTS. OUR SCHEDULE IS INTENTIONALLY DESIGNED TO ALLOW BOYS TO PARTICIPATE IN SPORTS, MUSIC, CLUBS, OR SERVICE WITHOUT CONFLICT. OUR ROBUST ARTS PROGRAM PROVIDES OPPORTUNITIES FOR STUDENTS TO ENGAGE IN THEATER, MUSIC, FINE ARTS, AND DIGITAL ARTS. OUR K-12 ROBOTICS PROGRAM TEACHES STUDENTS HOW TO BREAK DOWN A PROBLEM, INNOVATE SOLUTIONS, PERSIST, AND COLLABORATE. MANY STUDENTS WHO PARTICIPATE IN ROBOTICS GO ON TO ATTEND TOP ENGINEERING COLLEGES AND ENTER CAREERS IN ENGINEERING, MATH, AND COMPUTER SCIENCE. WE ALSO OFFER NUMEROUS CO-CURRICULAR ACTIVITIES AND CLUBS INCLUDING, BUT NOT LIMITED TO, MODEL UN, MOCK TRIAL, IT'S ACADEMIC, MATH COUNTS, DEBATE CLUB, STUDENT NEWSPAPERS, YEARBOOK, STUDENT COUNCIL, NATIONAL HONOR SOCIETY, WILLIAMS SCHOLARS, CHESS CLUB, BLACK STUDENT UNION, ONE LAKER | ONE LOVE CLUB, JEWISH AWARENESS CLUB, AND CYBERSECURITY. OUR FACILITIES: SINCE 1960 BOYS' LATIN HAS CALLED OUR CAMPUS ON BOTH SIDES OF LAKE AVENUE HOME. OUR SCHOOL HAS GROWN FROM A SINGLE RENTED CLASSROOM IN DOWNTOWN BALTIMORE TO A BEAUTIFUL SPRAWLING 70+ ACRE CAMPUS WITH STATE-OF-THE-ART FACILITIES. OUR BUILDINGS HOUSE STATE-OF-THE-ART CLASSROOMS, AND EACH DIVISION HAS ITS OWN LIBRARY. A BLACK BOX THEATER PROVIDES SPACE FOR MIDDLE AND UPPER SCHOOL PRODUCTIONS. ADDITIONALLY, TENNIS COURTS, A BASEBALL FIELD, TWO ASTROTURF FIELDS, AND TWO FULL-SERVICE ATHLETIC FACILITIES PROVIDE THE PERFECT VENUES FOR STUDENT-ATHLETES TO PLAY AND COMPETE WITH CHARACTER. IN JANUARY OF 2020, BOYS' LATIN PURCHASED 28 ACRES ADJACENT TO OUR SOUTH CAMPUS, WHICH HAS BEEN TRANSFORMED INTO AN EXPANSIVE RESIDENTIAL LIVING FACILITY. THE FIRST BOARDING STUDENTS JOINED OUR COMMUNITY IN THE FALL OF 2021. IN ADDITION TO THE BOARDING FACILITIES, THE NEW PROPERTY PROVIDES STUDENTS IN ALL DIVISIONS WITH A MYRIAD OF OUTDOOR LEARNING OPPORTUNITIES. | Desc |
| Total Program Service Expenses | $20,058,921 | 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 | 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 | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | 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 | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | 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 | 69 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 229 | 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 | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | 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 | Yes (1) | 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 | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEAN KRIEBEL ASSISTANT HEADMASTERCFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4103775192 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 822 W LAKE AVENUE | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21210 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 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 |
|---|---|---|---|---|---|---|---|
| GEOFFREY H BRENT | |||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RICHARD H BAGBY | |||||||
| FIRST VICE-PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| W KYLE GORE | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GREGORY S HORNING | |||||||
| ASSISTANT TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EILEEN WILCOX | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| J DUNCAN SMITH | |||||||
| ASSISTANT SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES C ALBAN IV | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| THEODORE W BAUER | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES A CALLAHAN JR | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS P FINNERTY | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SHELLY HAIRSTON-JONES | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HAROLD G HATHAWAY III | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HENRY A LEDERER | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RYAN MCCLERNAN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RYAN D MOLLETT | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK G MOXLEY | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN H O'NEIL | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT B RICE | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JASON AL TIMOLL | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STACY J WALSH | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN E WRIGHT | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CASSANDRA N BROOKS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH W COWAN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER GILBERT-ST JOHN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK S JONES JR | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER J POST | |||||||
| HEADMASTER | 40.00 | Yes (X) | $437,612 | $0 | $112,081 | ||
| SEAN KRIEBEL | |||||||
| CFO/ASSISTANT HEADMASTER | 40.00 | Yes (X) | $183,712 | $0 | $12,260 | ||
| BRIAN MITCHELL | |||||||
| DIR. OF ENROLLMENT MGMT | 40.00 | $122,764 | $0 | $37,372 | Yes (X) | ||
| JENNIFER MCDONALD | |||||||
| ACCOUNTING MANAGER | 40.00 | $118,662 | $0 | $19,660 | Yes (X) | ||
| JAMES CURRIE | |||||||
| DIR. OF MIDDLE SCHOOL ADMIN | 40.00 | $116,268 | $0 | $19,888 | Yes (X) | ||
| R BRANDON MOLLETT | |||||||
| ACADEMIC DEAN | 40.00 | $127,197 | $0 | $17,809 | Yes (X) | ||
| ALEX ONYEKWERE | |||||||
| DIRECTOR OF TECHNOLOGY | 40.00 | $109,283 | $0 | $25,913 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,215,498 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $244,983 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | 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 |
|---|---|---|---|---|---|
| THE MULLAN CONTRACTING CO | |||||
| 2330 W JOPPA ROAD SUITE 210 | LUTHERVILLE | MD | 21093 | CONSTRUCTION | $6,566,064 |
| SAGE | |||||
| 1402 YORK ROAD | LUTHERVILLE | MD | 21093 | DINING SERVICES | $1,644,064 |
| HORD COPELAND MACHT INC | |||||
| PO BOX 69429 | BALTIMORE | MD | 212649429 | ARCHITECT | $432,975 |
| UNITED BUILDING SERVICES INC | |||||
| 200 LITTLE FALLS STREET SUITE 400 | FALLS CHURCH | VA | 22046 | CLEANING SERVICES | $399,890 |
| GUIDO PICCININI & SONS | |||||
| PO BOX 46 | STEVENSON | MD | 21153 | LANDSCAPING | $312,347 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,060,708 | GovernmentGrantsAmt |
| All Other Contributions | $6,036,184 | AllOtherContributionsAmt |
| Noncash Contributions | $2,284,052 | NoncashContributionsAmt |
| Total Contributions | $9,096,892 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611600 | $20,800,186 | $20,800,186 |
| TUITION RELATED INCOME | 611600 | $9,459 | $9,459 |
| YEARBOOK | 611600 | $1,756 | $1,756 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,811,401 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,191,219 | TotalRevenueColumnAmt |
| Exclusion | $1,191,219 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $77,956 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $77,956 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,956 | TotalRevenueColumnAmt |
| Exclusion | $77,956 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,490,726 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,472,366 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,018,360 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,018,360 | TotalRevenueColumnAmt |
| Exclusion | $1,018,360 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $98,370 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $38,290 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,080 | TotalRevenueColumnAmt |
| Exclusion | $60,080 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $352,283 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $319,951 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,332 | TotalRevenueColumnAmt |
| Exclusion | $32,332 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PARENTS ASSOC/APPRECIA | 900099 | $40,910 | $40,910 |
| RECOVERY OF BAD DEBT | 900099 | $12,375 | $12,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $53,285 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,341,525 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,811,401 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,433,232 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,101,577 | TotalAmt |
| Program Services | $5,101,577 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $601,458 | TotalAmt |
| Program Services | $430,576 | ProgramServicesAmt |
| Management And General | $123,320 | ManagementAndGeneralAmt |
| Fundraising | $47,562 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,564,763 | TotalAmt |
| Program Services | $6,847,284 | ProgramServicesAmt |
| Management And General | $1,961,116 | ManagementAndGeneralAmt |
| Fundraising | $756,363 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,786 | TotalAmt |
| Program Services | $366,381 | ProgramServicesAmt |
| Management And General | $104,934 | ManagementAndGeneralAmt |
| Fundraising | $40,471 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,590,880 | TotalAmt |
| Program Services | $1,138,889 | ProgramServicesAmt |
| Management And General | $326,187 | ManagementAndGeneralAmt |
| Fundraising | $125,804 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $699,655 | TotalAmt |
| Program Services | $500,874 | ProgramServicesAmt |
| Management And General | $143,454 | ManagementAndGeneralAmt |
| Fundraising | $55,327 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,068 | TotalAmt |
| Management And General | $86,068 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,890 | TotalAmt |
| Management And General | $64,890 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Fundraising | $30,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $620,014 | TotalAmt |
| Program Services | $551,928 | ProgramServicesAmt |
| Management And General | $7,119 | ManagementAndGeneralAmt |
| Fundraising | $60,967 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,061 | TotalAmt |
| Program Services | $155,391 | ProgramServicesAmt |
| Management And General | $44,505 | ManagementAndGeneralAmt |
| Fundraising | $17,165 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $484,727 | TotalAmt |
| Program Services | $347,010 | ProgramServicesAmt |
| Management And General | $99,386 | ManagementAndGeneralAmt |
| Fundraising | $38,331 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,793,897 | TotalAmt |
| Program Services | $1,317,871 | ProgramServicesAmt |
| Management And General | $394,324 | ManagementAndGeneralAmt |
| Fundraising | $81,702 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,830 | TotalAmt |
| Program Services | $284,801 | ProgramServicesAmt |
| Management And General | $81,569 | ManagementAndGeneralAmt |
| Fundraising | $31,460 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $715,539 | TotalAmt |
| Program Services | $532,994 | ProgramServicesAmt |
| Management And General | $163,062 | ManagementAndGeneralAmt |
| Fundraising | $19,483 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,943,344 | TotalAmt |
| Program Services | $1,447,567 | ProgramServicesAmt |
| Management And General | $442,862 | ManagementAndGeneralAmt |
| Fundraising | $52,915 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,507 | TotalAmt |
| Program Services | $156,058 | ProgramServicesAmt |
| Management And General | $47,744 | ManagementAndGeneralAmt |
| Fundraising | $5,705 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| ALUMNI/PARENT ASSOCIATI | $105,144 | $105,144 |
| TEACHER/STAFF APPRECIAT | $23,881 | $23,881 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,018,623 | TotalAmt |
| Program Services | $750,695 | ProgramServicesAmt |
| Management And General | $215,005 | ManagementAndGeneralAmt |
| Fundraising | $52,923 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,780,644 | TotalAmt |
| Program Services | $20,058,921 | ProgramServicesAmt |
| Management And General | $4,305,545 | ManagementAndGeneralAmt |
| Fundraising | $1,416,178 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $50,500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,675,834 | BOYAmt |
| EOY | $1,074,290 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,081,310 | BOYAmt |
| EOY | $6,303,308 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,256 | BOYAmt |
| EOY | $146,581 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,602 | BOYAmt |
| EOY | $149,741 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $476,508 | BOYAmt |
| EOY | $533,289 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $86,150,368 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $29,566,823 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,651,858 | BOYAmt |
| EOY | $56,583,545 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,356,808 | BOYAmt |
| EOY | $51,018,104 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,405,464 | BOYAmt |
| EOY | $6,417,596 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,335,450 | BOYAmt |
| EOY | $13,541,154 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,317,590 | BOYAmt |
| EOY | $135,818,108 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,871,154 | BOYAmt |
| EOY | $3,434,436 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,534,028 | BOYAmt |
| EOY | $1,666,672 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,984,702 | BOYAmt |
| EOY | $24,667,284 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,399,115 | BOYAmt |
| EOY | $15,480,446 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,788,999 | BOYAmt |
| EOY | $45,248,838 | 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 | $40,443,466 | BOYAmt |
| EOY | $44,107,372 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,085,125 | BOYAmt |
| EOY | $46,461,898 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,528,591 | BOYAmt |
| EOY | $90,569,270 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,317,590 | BOYAmt |
| EOY | $135,818,108 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,560,881 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,403,654 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $76,144 | OtherChangesInNetAssetsAmt |
| 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 | $56,441,410 | BeginningYearBalanceAmt |
| Contributions | $1,108,704 | ContributionsAmt |
| Investment Earnings Or Losses | $6,609,305 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,529,559 | OtherExpendituresAmt |
| End Year Balance | $57,629,860 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,935,329 | BeginningYearBalanceAmt |
| Contributions | $1,640,917 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,162,653 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,972,183 | OtherExpendituresAmt |
| End Year Balance | $56,441,410 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,566,886 | BeginningYearBalanceAmt |
| Contributions | $1,915,247 | ContributionsAmt |
| Investment Earnings Or Losses | $14,367,524 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,914,328 | OtherExpendituresAmt |
| End Year Balance | $62,935,329 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,395,756 | BeginningYearBalanceAmt |
| Contributions | $928,962 | ContributionsAmt |
| Investment Earnings Or Losses | $1,146,152 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,903,984 | OtherExpendituresAmt |
| End Year Balance | $48,566,886 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,368,354 | BeginningYearBalanceAmt |
| Contributions | $602,077 | ContributionsAmt |
| Investment Earnings Or Losses | $2,156,085 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,730,760 | OtherExpendituresAmt |
| End Year Balance | $48,395,756 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.41963 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.58037 | 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 | $2,895,004 | OtherCostOrOtherBasisAmt |
| Book Value | $2,895,004 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $54,232,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,802,156 | DepreciationAmt |
| Book Value | $33,430,624 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,697,165 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,246,596 | DepreciationAmt |
| Book Value | $2,450,569 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,748,224 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,111,194 | DepreciationAmt |
| Book Value | $637,030 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,577,195 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,406,877 | DepreciationAmt |
| Book Value | $17,170,318 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $56,583,545 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| TUITION CONTRACT RECEIVABLE | $10,480,446 |
| EMPLOYEE RETENTION RECEIVABLE | $3,060,708 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $13,541,154 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LINE OF CREDIT | $5,000,000 |
| TUITION CONTRACTUAL LIABILITY | $10,480,446 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $15,480,446 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $31,590,721 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,403,654 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $48,109 | OtherRevenueAmt |
| Revenue Not Reported | $4,451,763 | RevenueNotReportedAmt |
| Revenue Subtotal | $27,138,958 | RevenueSubtotalAmt |
| Other Revenues Not Included | $5,202,567 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,202,567 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $32,341,525 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,550,042 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $38,290 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $38,290 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,511,752 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,268,892 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,268,892 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $25,780,644 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE LONG-TERM GOAL OF THE ENDOWMENT FUNDS IS TO ACHIEVE APPRECIATION OF ASSETS WITHOUT EXPOSURE TO UNDUE RISK. THE PORTFOLIO IS EXPECTED TO SUPPORT DESIRED SPENDING, PROVIDE ADDITIONAL GROWTH TO COVER OPERATING EXPENSES AND PRESERVE THE PURCHASING POWER OF THE ENDOWMENT ASSETS OVER TIME. |
| PART X, LINE 2: | THE SCHOOL ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND HAS CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED GAIN ON LIFE INSURANCE POLICY 48,109. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID REPORTED NET ON THE FINANCIAL STATEMENT 5,101,577. INCOME FROM PARENTS' ASSOCIATION 29,083. INCOME FROM ALUMNI ASSOCIATION 98,370. INCOME FROM TEACHERS APPRECIATION FUND 11,827. FUNDRAISING EXPENSES NETTED WITH REVENUE -38,290. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES NETTED WITH REVENUE 38,290. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID REPORTED NET ON THE FINANCIAL STATEMENT 5,101,577. EXPENSES FROM ALUMNI ASSOCIATION 98,990. EXPENSES FROM PARENTS' ASSOCIATION 44,444. EXPENSES FROM TEACHERS APPRECIATION FUND 23,881. |
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 NONDISCRIMINATORY POLICY MAY BE FOUND AND/OR OBTAINED ON ALL SCHOOL AND ADMISSIONS BROCHURES INCLUDING THE SCHOOL'S WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL APPLIED FOR A PAYROLL TAX CREDIT UNDER THE EMPLOYEE RETENTION TAX CREDIT (ERTC) PROGRAM AUTHORIZED BY THE CARES ACT. THE ERTC PROGRAM ALLOWED ELIGIBLE EMPLOYERS TO APPLY FOR A REFUND OF PAYROLL TAXES PAID IN 2021 EQUAL TO 70% OF QUALIFYING WAGES UP TO $10,000 OF WAGES PER EMPLOYEE, WHICH HAD NOT BEEN PAID WITH PROCEEDS FROM THE FORGIVEN PPP LOAN. THE SCHOOL MET ALL ELIGIBILITY REQUIREMENTS FOR THE ERTC AND RECORDED A REFUND RECEIVABLE AND CORRESPONDING REVENUE OF $3,060,708 AS OF AND FOR THE YEAR ENDED JUNE 30, 2023. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $1,838,291 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $2,091,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,930,286 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,930,286 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOB CARTER COMPANIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | DBA CARTER 2145 14TH AVENUE SUITE | AddressLine1Txt |
| City | VERO BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32960 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $30,000 | RetainedByContractorAmt |
| Net To Organization | -$30,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $30,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$30,000 | TotalNetToOrganizationAmt |
| Licensed States | MD | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BL BASH | Event1Nm |
| Gross Receipts Event1 | $54,890 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $54,890 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $21,559 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $29,251 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $29,251 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $12,402 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $14,229 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $14,229 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $4,329 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $98,370 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $98,370 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $38,290 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $38,290 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $60,080 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| STUDENTS RECEIVING FINANCIAL AID | 350 | $5,073,727 | $0 |
| STUDENT TRANSPORTATION SUBSIDY | 12 | $27,850 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUNDS ARE ONLY USED FOR TUITION AND ARE APPLIED TO THE STUDENTS' ACCOUNTS DURING THE FISCAL YEAR THE GRANT IS AWARDED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER J POST | ||||||||||||||
| HEADMASTER | $384,881 | $0 | $51,765 | $0 | $966 | $0 | $30,487 | $0 | $81,594 | $0 | $549,693 | $0 | $0 | $0 |
| SEAN KRIEBEL | ||||||||||||||
| CFO/ASSISTANT HEADMASTER | $175,370 | $0 | $7,500 | $0 | $842 | $0 | $11,715 | $0 | $545 | $0 | $195,972 | $0 | $0 | $0 |
| BRIAN MITCHELL | ||||||||||||||
| DIR. OF ENROLLMENT MGMT | $114,994 | $0 | $7,500 | $0 | $270 | $0 | $9,093 | $0 | $28,279 | $0 | $160,136 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEADMASTER RECEIVES SOCIAL CLUB DUES. THE DUES ARE INCLUDED IN TAXABLE COMPENSATION. THE HEADMASTER IS PROVIDED WITH ON CAMPUS HOUSING. THE VALUE IS NOT INCLUDED IN HIS TAXABLE COMPENSATION BUT IS INCLUDED IN SCHEDULE J, PART II, COLUMN D. |
| PART I, LINE 7 | THE SCHOOL HAS AN ANNUAL DISCRETIONARY BONUS FOR CERTAIN EMPLOYEES BASED ON PERFORMANCE. |
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 | MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 520936091 | BondIssuerEIN |
| Bond Issued | 2020-01-16 | BondIssuedDt |
| Issue Price | $26,000,000 | IssuePriceAmt |
| Purpose | REFUND EXISTING BONDS AND NEW MONEY | 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 |
| Retired | $1,081,582 | RetiredAmt |
| Total Proceeds | $26,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $211,000 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $19,519,693 | OtherSpentProceedsAmt |
| Unspent | $6,269,307 | 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 | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00800 | PrivateBusUseByOthersPct |
| Total Private Business Use | 0.00800 | 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 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K SUPPLENTAL INFORMATION | AMOUNTS LISTED ON LINE 11 WERE USED TO REFUND PRIOR ISSUED DEBT. |
| SCHEDULE K, PART III, LINE 4 | THE PERCENTAGE OF PRIVATE BUSINESS USE IS LESS THAN 1%. |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $8,000 | CashGrantAmt |
| Type Of Assistance | FINANCIAL AID | TypeOfAssistanceTxt |
| Assistance Purpose | FINANCIAL AID | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | R BRANDON MOLLETT | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF RYAN D. MOLLETT, BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $155,894 | TransactionAmt |
| Transaction | SALARY AND BENEFITS | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 41748 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,284,052 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | REPORTING THE NUMBER OF ITEMS CONTRIBUTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 1 | THE BOYS' LATIN SCHOOL OF MARYLAND INSTILLS THE CORE VALUES OF COURAGE, INTEGRITY, AND COMPASSION IN EACH BOY AS EMBODIED IN OUR MOTTO, ESSE QUAM VIDERI - TO BE, RATHER THAN TO SEEM. BY UNDERSTANDING HOW BOYS LEARN BEST, OUR TALENTED FACULTY FOSTERS ENDURING PERSONAL RELATIONSHIPS AND EMPOWERS EACH STUDENT TO STRIVE FOR ACADEMIC AND PERSONAL EXCELLENCE. PHILOSOPHY & PURPOSE -BOYS' LATIN OFFERS A RICH AND RIGOROUS ACADEMIC AND CO-CURRICULAR PROGRAM THAT PREPARES YOUNG MEN FOR THE OPPORTUNITIES OF THE 21ST CENTURY. THE SCHOOL WELCOMES STUDENTS FROM DIVERSE BACKGROUNDS AND EDUCATES THEM IN A SUPPORTIVE, STUDENT-CENTERED ENVIRONMENT. TRAINED IN THE BEST PRACTICES IN BOYS' EDUCATION, FACULTY MEMBERS CRAFT INNOVATIVE PROGRAMS THAT REFLECT THEIR EXPERTISE IN HOW BOYS LEARN AND PROVIDE STUDENTS WITH UNPARALLELED OPPORTUNITIES TO STRETCH AND GROW. A LOW STUDENT-TEACHER RATIO CHALLENGES EACH STUDENT TO REACH HIS MAXIMUM POTENTIAL WHILE ENCOURAGING HIM TO MATURE WITH AN INCREASING SENSE OF SELF-WORTH AND AN AWARENESS OF HIS RESPONSIBILITIES TOWARD HIMSELF AND HIS LOCAL AND GLOBAL COMMUNITY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 INFORMATION WAS PREPARED IN THE FINANCE OFFICE AND REVIEWED BY THE CFO. A COPY WAS PROVIDED TO THE GOVERNING BODY BEFORE IT WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY BOARD MEMBER, OFFICER, OR MEMBER OF ANY COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS AN "INTERESTED PERSON." IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OF TRUSTEES ("BOARD") AND MEMBERS OF ANY COMMITTEE WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED OR CONTEMPLATED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON SHALL LEAVE THE BOARD MEETING OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF AN ACTUAL CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A BOARD MEMBER, OFFICER OR MEMBER OF A COMMITTEE HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED UNDER THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES REVIEWS, DOCUMENTS AND DECIDES ON THE COMPENSATION FOR THE HEADMASTER. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW OF OTHER KEY EMPLOYEES TO THE HEADMASTER. THE HEADMASTER CONSULTS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR ANY CHANGES TO COMPENSATION FOR KEY EMPLOYEES. OUTSIDE COMPENSATION SURVEYS ARE USED FOR ALL HEADMASTER AND KEY EMPLOYEE COMPENSATION REVIEWS. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC IN THE FINANCE OFFICE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | PARENTS & ALUMNI ASSOCS ACTIVITY ON THIS RETURN ON A CONSOLIDATED BASIS 28,035. UNREALIZED GAIN ON LIFE INSURANCE POLICY 48,109. |
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