CARIBBEAN CONSOLIDATED SCHOOLS INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CARIBBEAN CONSOLIDATED SCHOOLS INC (EIN 66-0258767)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202401369349309600
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T14:02:02-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 660563256 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVANE GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 33 CALLE BOLIVIA STE 400 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009172013 | 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 | 660258767 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARIBBEAN CONSOLIDATED SCHOOLSINC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARI | BusinessNameControlTxt |
| Phone | 7877654411 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70177 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009368177 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARILOLA MARTINEZ | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 7877654411 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARILOLA | PersonFirstNm |
| Person Last | MARTINEZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALI DIAZ | PreparerPersonNm |
| PTIN | P02042046 | PTIN |
| Phone | 7877541915 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
| 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 | MARILOLA MARTINEZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | URB ROOSEVELT | AddressLine1Txt |
| Address Line2 | 100 CALLE CESAR CASTILLO | AddressLine2Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009182856 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,166,712 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://WWW.CPSPR.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | PR | LegalDomicileStateCd |
| Activity Or Mission | COMMONWEALTH- PARKVILLE SCHOOL IS AN ENGLISH-SPEAKING COLLEGE PREPARATORY PPK-12 SCHOOL COMMITTED TO PROVIDE FOR THE CHANGING EDUCATIONAL NEEDS OF 21ST CENTURY STUDENTS BY PROMOTING CREATIVITY, VALUES, LEADERSHIP, SPORTSMANSHIP, AND LIFE SKILLS WITHIN AN ENGAGING AND CHALLENGING ACADEMIC, YET CARING ENVIRONMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 150 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $427,623 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,502,472 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,738,985 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,620,637 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,162 | PYInvestmentIncomeAmt |
| CY Investment Income | $43,603 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$41,404 | PYOtherRevenueAmt |
| CY Other Revenue | -$47,721 | CYOtherRevenueAmt |
| PY Total Revenue | $9,149,366 | PYTotalRevenueAmt |
| CY Total Revenue | $12,118,991 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $56,996 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $163,066 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,119,869 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,450,810 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,053,743 | PYOtherExpensesAmt |
| CY Other Expenses | $3,596,371 | CYOtherExpensesAmt |
| PY Total Expenses | $9,230,608 | PYTotalExpensesAmt |
| CY Total Expenses | $10,210,247 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$81,242 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,908,744 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,125,987 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,179,617 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,356,030 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,482,012 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,769,957 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,697,605 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COMMONWEALTH- PARKVILLE SCHOOL IS AN ENGLISH-SPEAKING COLLEGE PREPARATORY PPK-12 SCHOOL COMMITTED TO PROVIDE FOR THE CHANGING EDUCATIONAL NEEDS OF 21ST CENTURY STUDENTS BY PROMOTING CREATIVITY, VALUES, LEADERSHIP, SPORTSMANSHIP, AND LIFE SKILLS WITHIN AN ENGAGING AND CHALLENGING ACADEMIC, YET CARING ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,346,112 | ExpenseAmt |
| Grant | $163,066 | GrantAmt |
| Revenue | $9,620,637 | RevenueAmt |
| Desc | REINFORCE THE BASIS OF A PRODUCTIVE, MORAL, ETHICAL AND SOCIALLY RESPONSIBLE STUDENT TO DEVELOP A BELIEF AND PRIDE IN DEMOCRATIC IDEALS AND RESPECT FOR DIGNITY OF ALL INDIVIDUALS. EQUIP STUDENTS TO PURSUE HIGHER EDUCATION AND STIMULATE THEIR CRITICAL THINKING AND REASONING ACROSS THE CURRICULUM BY PROVIDING CHALLENGING EXPERIENCES AND ACTIVITIES. ENGAGE THE WHOLE SCHOOL COMMUNITY IN THE CHALLENGE AND EXCITEMENT OF STRIVING FOR EXCELLENCE AND DEVELOPING THE JOY OF LEARNING. | Desc |
| Total Program Service Expenses | $7,346,112 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 150 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARIBBEAN CONSOLIDATED SCHOOLS INC | PersonNm |
| Phone | 7877654411 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CALLE CASTILLO 100 URB ROOSEVELT | AddressLine1Txt |
| City | HATO REY | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009182858 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| RICK WEINLAND | ||||||||
| EX-OFICIO ME | 50.00 | 0.00 | Yes (X) | $213,700 | $0 | $0 | ||
| NELSON CAPOTE | ||||||||
| VICE-CHAIR | 5.00 | $0 | $0 | $0 | Yes (X) | |||
| YANELLY PAGAN | ||||||||
| EX-OFICIO ME | 45.00 | $46,053 | $0 | $0 | Yes (X) | |||
| MARILOLA MARTINEZ | ||||||||
| DIRECTOR OF | 50.00 | $28,125 | $0 | $0 | Yes (X) | |||
| FERNANDO DEL LLANO | ||||||||
| CHAIR PERSON | 6.00 | $0 | $0 | $0 | Yes (X) | |||
| KARINA FERNANDEZ | ||||||||
| MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | |||
| HECTOR GONZALEZ | ||||||||
| MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| SAMUEL BARLIA | ||||||||
| MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| MIGUEL PAEZ | ||||||||
| TREASURER | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| LIZA M RIOS | ||||||||
| SECRETARY | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| ILEANN CAELLAS | ||||||||
| MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| KAREN MARTINEZ | ||||||||
| MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| MARIO POLO | ||||||||
| MEMBER | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $287,878 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| EMCG CONSTRUCTION | ||||||
| 130 WINSTON CHURCHILL AVE STE 1 | PMB 176 | SAN JUAN | PR | 00926 | CONTRACTOR | $636,355 |
| INSTALACIONES FULYE'S | ||||||
| PO BOX 1395 | TRUJILLO ALTO | PR | 009771395 | CONTRACTOR | $135,365 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $163,401 | FundraisingAmt |
| Government Grants | $2,325,331 | GovernmentGrantsAmt |
| All Other Contributions | $13,740 | AllOtherContributionsAmt |
| Total Contributions | $2,502,472 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $8,117,483 | $8,117,483 |
| RE-ENROLLMENT FEES AND OTHER | 611710 | $575,925 | $575,925 |
| ENHANCEMENT FEES | 611710 | $543,075 | $543,075 |
| AFTER SCHOOL, SUMMER & OTHERS | 611710 | $384,154 | $384,154 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,620,637 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,603 | TotalRevenueColumnAmt |
| Exclusion | $43,603 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $163,401 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $47,721 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$47,721 | TotalRevenueColumnAmt |
| Exclusion | -$47,721 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,118,991 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,620,637 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$4,118 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,680 | TotalAmt |
| Program Services | $115,680 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,386 | TotalAmt |
| Program Services | $47,386 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,138,552 | TotalAmt |
| Program Services | $3,780,506 | ProgramServicesAmt |
| Management And General | $1,358,046 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,124 | TotalAmt |
| Management And General | $85,124 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,227,134 | TotalAmt |
| Program Services | $908,510 | ProgramServicesAmt |
| Management And General | $318,624 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,452 | TotalAmt |
| Management And General | $77,452 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,349 | TotalAmt |
| Management And General | $55,349 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,233 | TotalAmt |
| Program Services | $112,668 | ProgramServicesAmt |
| Management And General | $272,565 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,854 | TotalAmt |
| Management And General | $48,854 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $874,839 | TotalAmt |
| Program Services | $801,443 | ProgramServicesAmt |
| Management And General | $73,396 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,762 | TotalAmt |
| Management And General | $3,762 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,849 | TotalAmt |
| Management And General | $504,849 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,082 | TotalAmt |
| Program Services | $100,082 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ACTIVITIES | $476,281 | $476,281 | |
| MAINTENANCE AND REPAIRS | $428,534 | $428,534 | |
| OTHER EXPENSES | $369,399 | $303,285 | $66,114 |
| UTILITIES | $271,737 | $271,737 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,210,247 | TotalAmt |
| Program Services | $7,346,112 | ProgramServicesAmt |
| Management And General | $2,864,135 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,286,207 | BOYAmt |
| EOY | $6,910,441 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $472,405 | BOYAmt |
| EOY | $214,098 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,107 | BOYAmt |
| EOY | $2,984 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,981 | BOYAmt |
| EOY | $81,575 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,154,924 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,351,911 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,687,792 | BOYAmt |
| EOY | $4,803,013 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,763,299 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,495 | BOYAmt |
| EOY | $404,207 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,125,987 | BOYAmt |
| EOY | $14,179,617 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $750,778 | BOYAmt |
| EOY | $643,067 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,476 | BOYAmt |
| EOY | $323,386 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,339,776 | BOYAmt |
| EOY | $2,515,559 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,356,030 | BOYAmt |
| EOY | $3,482,012 | 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 | $8,769,957 | BOYAmt |
| EOY | $10,697,605 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,769,957 | BOYAmt |
| EOY | $10,697,605 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,125,987 | BOYAmt |
| EOY | $14,179,617 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,908,744 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $18,904 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,014,846 | BeginningYearBalanceAmt |
| Contributions | $11,191 | ContributionsAmt |
| Investment Earnings Or Losses | $14,882 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $39,719 | OtherExpendituresAmt |
| End Year Balance | $1,001,200 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,027,418 | BeginningYearBalanceAmt |
| Contributions | $14,437 | ContributionsAmt |
| Investment Earnings Or Losses | $5,109 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $32,118 | OtherExpendituresAmt |
| End Year Balance | $1,014,846 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $890,275 | BeginningYearBalanceAmt |
| Contributions | $160,386 | ContributionsAmt |
| Investment Earnings Or Losses | $5,404 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $28,647 | OtherExpendituresAmt |
| End Year Balance | $1,027,418 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $896,846 | BeginningYearBalanceAmt |
| Contributions | $44,513 | ContributionsAmt |
| Investment Earnings Or Losses | $4,887 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $55,971 | OtherExpendituresAmt |
| End Year Balance | $890,275 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $839,883 | BeginningYearBalanceAmt |
| Contributions | $119,635 | ContributionsAmt |
| Investment Earnings Or Losses | $4,569 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $67,241 | OtherExpendituresAmt |
| End Year Balance | $896,846 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,875 | OtherCostOrOtherBasisAmt |
| Book Value | $31,875 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,192,184 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,584,677 | DepreciationAmt |
| Book Value | $4,607,507 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,850,994 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,687,363 | DepreciationAmt |
| Book Value | $163,631 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,871 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,871 | DepreciationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,803,013 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCED TUITION PAYMENTS | $2,406,043 |
| CAPITAL LEASE OBLIGATIONS | $84,481 |
| OTHER LIABILITIES - NONCURRENT | $25,035 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,515,559 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART IV, LINE 2B | STUDENTS PAY A CLASS FEE DURING THE ELEMENTARY SCHOOL YEARS FOR ACTIVITIES AND 5 ARE DEPOSITED IN THE SCHOOL BANK ACCOUNT AND ACCOUNTED FOR IN A GENERAL LEDGER ACCOUNT FOR EACH GRADUATING CLASS. FROM 7TH TO 12TH GRADE THEY DEPOSIT THE COMPLETE AMOUNT OF THE CLASS FEE PLUS ANY FUNDRAISING DONE TO ACCUMULATE MONEY FOR THEIR SENIOR PROM DANCE. ALL ACTIVITY IN THESE ACCOUNTS (DEPOSITS OR WITHDRAWALS) ARE GENERATED BY THE STUDENTS AND THEIR CLASS ADVISOR AND EVIDENCED BY A CPS DEPOSIT SLIP OR CHECK REQUEST. REPORTING ON THE BALANCES OF THE FUNDS IS PROVIDED TO THE CLASS ADVISORS AND OFFICERS DURING THE YEAR, UPON REQUEST. PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS THE BOARD OF DIRECTORS APPROVED THE CREATION OF AN ENDOWMENT FUND TO BE USED FOR STUDENT SCHOLARSHIPS. THE SCHOOL ORGANIZED THE CARIBBEAN CONSOLIDATED SCHOOLS TRUST. THE DEED OF TRUST APPOINTED AS TRUSTEE A GOVERNING BOARD TO BE COMPRISED BY THE PRESIDENT OF THE SCHOOL'S BOARD OF DIRECTORS, THE HEADMASTER, THE BOARD TREASURER AND TWO OTHER INDIVIDUALS OF GOOD STANDING IN THE COMMUNITY. ON JUNE 14, 2011 THE BOARD OF DIRECTORS APPROVED THE TRANSFER OF THE ENDOWMENT FUND NET ASSETS TO THE TRUST AND DURING THE YEAR ENDED JUNE 30,2012 NET ASSETS WERE TRANSFERRED TO THE TRUST. |
| SCHEDULE D, PAGE 3, PART X | "THE SCHOOL ADOPTED ACCOUNTING STANDARDS RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT OF THIS ADOPTION, MANAGEMENT ASSESSED WHETHER THERE WERE ANY UNCERTAIN TAX POSITIONS WHICH MAY GIVE RISE TO INCOME TAX LIABILITIES AND DETERMINED THAT THERE WERE NO SUCH MATTERS REQUIRING RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS." |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | SEE SCHEDULE E THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPERS DURING THE PERIOD OF SOLICITATION OF STUDENTS AND ALSO IN ITS ADMISSIONS PACKETS. THE NONDISCRIMINATORY STATEMENTS IS AS FOLLOWS: (REF. TO PART II) "COMMONWEALTH-PARKVILLE SCHOOL IS AN EQUAL OPPORTUNITY EMPLOYER. IT ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIPS, AND ATHLETIC AND OTHER- ADMINISTERED PROGRAMS." |
| SCHEDULE E, LINE 6 | THE OFFICE OF MANAGEMENT AND BUDGET GRANTED FUNDS UNDER THE PROGRAM TITLE II-A "TEACHER AND PRINCIPAL TRAINING AND RECRUITING FUND" TO PERFORM PROFESSIONAL DEVELOPMENT ACTIVITIES AND PAYMENT OF TUITION FOR PRINCIPALS, TEACHERS, AND TEACHERS ASSISTANTS OF BASIC COURSES TO CONTRIBUTE TO THE ACADEMIC IMPROVEMENT OF THE STUDENTS IN PRIVATE SCHOOLS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $163,401 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $163,401 | CharitableContriEvent1Amt |
| Non Cash Prizes Event1 | $2,961 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $26,169 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $837 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $17,754 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $163,401 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $163,401 | CharitableContributionsTotAmt |
| Non Cash Prizes Total Events | $2,961 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $26,169 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $837 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $17,754 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $47,721 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$47,721 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARIBBEAN CONSOLIDATED SCHOOLS TRUS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70177 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009368177 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 666034235 | RecipientEIN |
| IRC Section | 501C3 | IRCSectionDesc |
| Cash Grant | $115,680 | CashGrantAmt |
| Purpose Of Grant | STUDENTS SCHOLARSHIP | PurposeOfGrantTxt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| FINANCIAL AID | 5 | $9,136 |
| SCHOLARSHIP | 11 | $38,250 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE FINANCIAL AID HAS A BUDGET ASSIGNED BY THE SCHOOL. SOLICITANTS NEED TO SUBMIT THE SSS FORM ONLINE AND THEIR INCOME TAX RETURN TO THE FINANCIAL AID OFFICE TO ESTABLISH ELIGIBILITY. ONCE THE SSS FORMS HAVE BEEN RECEIVED BY THE SCHOOL WITH THE ESTIMATED AMOUNT OF MONEY THAT THE FAMILY CAN PAY FOR TUITION AND FEES, THE FINANCIAL AID COMMITTEE WILL REVIEW EACH CASE AND DISTRIBUTE THE BUDGETED FINANCIAL AID SUM AMONG THE SOLICITANTS BASED ON THE NEED. THE SCHOLARSHIPS ARE GRANTED TO ONE 7TH GRADE NEW STUDENT PER YEAR AND ARE GUARANTEED FOR THE REST OF HIS/HER SCHOOL YEARS UNTIL GRADUATION IF THEY MEET THE ESTABLISHED CRITERIA AND MAINTAIN THE ACADEMIC AND SOCIAL STANDARDS ORIGINALLY REQUIRED. THE SCHOLARSHIP COVERS 50% OF TUITION AND FEES. THE FINANCIAL AID COMMITTEE IS ALSO IN CHARGE OF THE EVALUATION AND SELECTION OF STUDENT WHO WILL BE AWARDED THE ANNUAL SCHOLARSHIP. THERE IS A PRIVATE CORPORATION WHO IS GIVING THREE SCHOLARSHIPS WITH THE PROVISION THAT THE SCHOOL COVERS THE DIFFERENCE IF ANY IN THE TUITION AND FEES OF A SELECTED STUDENT SO IT BECOMES A 100% SCHOLARSHIP. THE DIFFERENCE BETWEEN WHAT THE CORPORATION GRANTS AND THE TOTAL AMOUNT OF TUITION AND FEES, UNIFORMS AND SUPPLIES, THE SCHOOL AWARDS IT AS A SCHOLARSHIP FOR THE STUDENT. ALL AWARDED FINANCIAL AID AND SCHOLARSHIPS INFORMATION IS PROVIDED AT THE BEGINNING OF THE YEAR TO THE STUDENT BILLING DEPARTMENT WHO ENTERS IT IN THE STUDENT ACCOUNT TO SHOW THE CORRECT BALANCE OF TUITION AND FEES DUE OF THE STUDENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICK WEINLAND | PersonNm |
| Title | EX-OFICIO MEMBER | TitleTxt |
| Base Compensation Filing Org | $175,700 | BaseCompensationFilingOrgAmt |
| Other Compensation Filing Org | $38,000 | OtherCompensationFilingOrgAmt |
| Total Compensation Filing Org | $213,700 | TotalCompensationFilingOrgAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PAGE 1, PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING BENEFIT IS AVAILABLE TO THE HEADMASTER (RICK WEINLAND) FOR THE DURATION OF THE TERM OF EMPLOYMENT: TRAVEL FOR COMPANIONS - EACH CONTRACT YEAR, THE SCHOOL WILL PAY FOR THE REASONABLE COST OF ONE ROUND-TRIP AIRPLANE TICKET FOR THE HEADMASTER AND ANOTHER FOR HIS SPOUSE, TO TRAVEL TO HIS HOME BASE IN THE UNITED STATES OF AMERICA. THE REASONABLE PRICE DOES NOT INCLUDE FIRST-CLASS TICKET AND CONSIDERS ANY DISCOUNTS AVAILABLE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - EACH YEAR CONTRACT, THE SCHOOL SHALL PAY UP TO 2,000 TOWARDS MEMBERSHIP OF THE HEADMASTER IN A SOCIAL CLUB OF HIS CHOICE. SUBJECT TO BOARD APPROVAL OF THE MEMBERSHIP IN THE CLUB IN QUESTION. IN CASE OF THAT ANY PART OF THE BENEFIT IS TAXABLE, AMOUNTS ARE REPORTED AS TAXABLE COMPENSATION ON THE EMPLOYEE'S W-2 FORM. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | COMMONWEALTH- PARKVILLE SCHOOL IS AN ENGLISH-SPEAKING COLLEGE PREPARATORY PPK-12 SCHOOL COMMITTED TO PROVIDE FOR THE CHANGING EDUCATIONAL NEEDS OF 21ST CENTURY STUDENTS BY PROMOTING CREATIVITY, VALUES, LEADERSHIP, SPORTSMANSHIP, AND LIFE SKILLS WITHIN AN ENGAGING AND CHALLENGING ACADEMIC, YET CARING ENVIRONMENT. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE PARENT SHALL EXERCISE THE RIGHT TO VOTE IN ANNUAL AND SPECIAL MEETINGS OF THE CORPORATION AND SHALL BE ENTITLED TO ONE VOTE FOR EACH CHILD REGISTERED AT THE SCHOOL. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE TREASURER OR MEMBER OF FINANCE COMMITTEE OF THE BOARD OF DIRECTORS WILL REVIEW THE REPORT ALONG WITH THE FINANCE DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH YEAR IN THE ANNUAL BOARD RETREAT EACH MEMBER OF THE GOVERNING BODY MUST SUBMIT AN UPDATED DULY SIGNED CONFLICT OF INTEREST FORM. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN THE FOLLOWING MANNERS: GOVERNING DOCUMENTS: DOCUMENTS OF A PUBLIC NATURE ARE POSTED ON THE COMMONWEALTH-PARKVILLE SCHOOL WEBSITE (WWW.CPSPR.ORG). CONFLICT OF INTEREST POLICY: THE POLICY IS LISTED IN THE BOARD POLICY MANUAL AND IS DISTRIBUTED TO ALL CURRENT MEMBERS OF THE BOARDS OF DIRECTOR. FINANCIAL STATEMENTS: THE FINANCIAL STATEMENTS ARE PRESENTED EACH NOVEMBER DURING THE ANNUAL MEETING OF PARENTS BY THE MEMBERS OF THE BOARDS OF DIRECTORS. MEMBERS OF THE BOARD OF DIRECTOR ARE GIVEN FULL FINANCIAL ACCOUNTS BI-MONTHLY AT REGULARLY SCHEDULED BOARDS MEETINGS. EACH MEMBER IS ISSUED A FINANCIAL STATEMENT FROM THE AUDITORS AND ITS ACCOMPANYING MANAGEMENT LETTER. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARIBBEAN CONSOLIDATED SCHOOLS TRUS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70177 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009368177 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 666034235 | EIN |
| Primary Activities | TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | PR | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CCSI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARIBBEAN CONSOLIDATED SCHOOL TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $115,680 | InvolvedAmt |
| Method Of Amount Determination | ACCRUAL METHOD | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | CARIBBEAN CONSOLIDATED SCHOOLS, INC. (CCSI) CREATED CARIBBEAN CONSOLIDATED SCHOOL TRUST (CCST) TO CONTRIBUTE FUNDRAISING REVENUES EARNED TO FUND SCHOLARSHIPS FOR STUDENTS THAT SATISFY THE INTELLECTUAL AND MORAL CRITERIAS AND/OR MEET THE REQUIREMENTS ESTABLISHED BY THE BOARD OF DIRECTORS TO BECAME STUDENTS OF CCSI. THE SCHOLARSHIP COVERS THE COST OF TUITION, BOOKS, FEES, TRANSPORTATION, MEALS AND ANY OTHER EXPENSE RELATED TO THE INTERMEDIATE OR SECUNDARY SCHOOL EDUCATION. ON APRIL 24, 2014, THE INTERNAL REVENUE SERVICE APPROVED THE RECOGNITION OF EXEMPTION UNDER SECTION 501(C) (3)OF THE INTERNAL REVENUE CODE TO CCST. | ExplanationTxt |
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