OUR LADY OF THE WOODS CORPORATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- OUR LADY OF THE WOODS CORPORATION (EIN 52-1011508)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-26
- IRS object ID
- 202421179349300002
- 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 L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-26T00:46:27-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 WISCONSIN AVENUE SUITE 400E | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | 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 | 521011508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OUR LADY OF THE WOODS CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OURL | BusinessNameControlTxt |
| Phone | 3013653080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6801 GREENTREE ROAD | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HASMIG MAHSHIGIAN | PersonNm |
| Person Title | DIR OF FINANCE & OPERATIONS | PersonTitleTxt |
| Phone | 3013653080 | PhoneNum |
| Signature | 2024-04-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | HASMIG | PersonFirstNm |
| Person Last | MAHSHIGIAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA KIELCZEWSKI | PreparerPersonNm |
| PTIN | P00740769 | PTIN |
| Phone | 3016529100 | PhoneNum |
| Preparation | 2024-04-25 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPH E POWERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6801 GREENTREE ROAD | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,650,070 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WOODSACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO OPERATE A PRIVATE SCHOOL FOR PRE-SCHOOL THROUGH EIGHTH GRADE STUDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 85 | TotalEmployeeCnt |
| Total Volunteers | 120 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,209,111 | PYContributionsGrantsAmt |
| CY Contributions Grants | $561,211 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,671,639 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,966,927 | CYProgramServiceRevenueAmt |
| PY Investment Income | $113,176 | PYInvestmentIncomeAmt |
| CY Investment Income | $151,643 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$40,356 | CYOtherRevenueAmt |
| PY Total Revenue | $9,993,926 | PYTotalRevenueAmt |
| CY Total Revenue | $9,639,425 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $275,443 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $272,240 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,457,901 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,651,215 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $344,482 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,262,405 | PYOtherExpensesAmt |
| CY Other Expenses | $2,477,788 | CYOtherExpensesAmt |
| PY Total Expenses | $8,995,749 | PYTotalExpensesAmt |
| CY Total Expenses | $9,401,243 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $998,177 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $238,182 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,069,354 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,702,677 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,163,972 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,503,499 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,905,382 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,199,178 | 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 | $6,621,288 | ExpenseAmt |
| Grant | $272,240 | GrantAmt |
| Revenue | $8,966,927 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
| Total Program Service Expenses | $6,621,288 | 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 | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| 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 | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 85 | 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 | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HASMIG MAHSHIGIAN DIR OF FINANCE & OPERATIONS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3013653080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6801 GREENTREE ROAD | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 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 |
|---|---|---|---|---|---|---|---|
| ALISON PLOTAS | |||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANN BATLLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL HICKEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DONNA BYRNE | |||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| INES VEGA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN GLENNON JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC FERRELL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK GROSH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MEGAN GANGULY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE CAIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAULA PRYOR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALFONSO LEON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBIN CLARK | |||||||
| VICE-CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEFANIE MORGAN-DAVIS | |||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVEN GOBIEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH POWERS | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $404,711 | $0 | $62,748 | ||
| HASMIG MAHSHIGIAN | |||||||
| DIR OF FINANCE & OPERATIONS | 40.00 | Yes (X) | $161,534 | $0 | $19,705 | ||
| TRACI GRIGG | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $129,272 | $0 | $8,153 | Yes (X) | ||
| HEGHOUSH SHEGERIAN | |||||||
| BUSINESS OFFICER | 40.00 | $109,710 | $0 | $14,905 | Yes (X) | ||
| JODIE SHOEMAKER | |||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | $107,523 | $0 | $47,549 | Yes (X) | ||
| ERIN JEFFERS | |||||||
| ATHLETIC DIRECTOR | 40.00 | $104,066 | $0 | $61,323 | Yes (X) | ||
| ERIC SMITH | |||||||
| DIRECTOR OF TECHNOLOGY | 40.00 | $102,662 | $0 | $82,343 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,119,478 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $296,726 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HBW CONSTRUCTION | |||||
| 1055 FIRST STREET SUITE 200 | ROCKVILLE | MD | 20850 | CONSTRUCTION COSTS FOR RENOVATIONS | $5,176,729 |
| DANCKER | |||||
| 291 EVANS WAY | SOMERVILLE | NJ | 08876 | FURNITURE DESIGN AND BROKER | $201,859 |
| GTM ARCHITECTS INC | |||||
| 7735 OLD GEORGETOWN ROAD SUITE 700 | BETHESDA | MD | 20814 | ARCHITECTURAL DESIGN | $174,182 |
| TUCK TECHNOLOGIES LLC | |||||
| 1765 GREENSBORO STATIO SUITE 900 | MCLEAN | MD | 22102 | WIRING, INSTALLATION OF PA AND AV EQUIPM | $122,100 |
| SINGER EVI LLC | |||||
| 3881 TEN OAKS ROAD 2C | GLENEG | MD | 21737 | KITCHEN DESIGN AND APPLIANCES | $108,563 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $87,529 | FundraisingAmt |
| All Other Contributions | $473,682 | AllOtherContributionsAmt |
| Noncash Contributions | $9,453 | NoncashContributionsAmt |
| Total Contributions | $561,211 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND OTHER FEES | 611100 | $8,190,409 | $8,190,409 |
| AUXILIARY SERVICES | 611710 | $776,518 | $776,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,966,927 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $142,189 | TotalRevenueColumnAmt |
| Exclusion | $142,189 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $979,743 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $970,289 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,454 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,454 | TotalRevenueColumnAmt |
| Exclusion | $9,454 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $87,529 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $40,356 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$40,356 | TotalRevenueColumnAmt |
| Exclusion | -$40,356 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,639,425 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,966,927 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $111,287 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,240 | TotalAmt |
| Program Services | $272,240 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $640,811 | TotalAmt |
| Program Services | $454,221 | ProgramServicesAmt |
| Management And General | $170,265 | ManagementAndGeneralAmt |
| Fundraising | $16,325 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,593,866 | TotalAmt |
| Program Services | $3,213,834 | ProgramServicesAmt |
| Management And General | $1,259,290 | ManagementAndGeneralAmt |
| Fundraising | $120,742 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,632 | TotalAmt |
| Program Services | $222,932 | ProgramServicesAmt |
| Management And General | $48,089 | ManagementAndGeneralAmt |
| Fundraising | $4,611 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $771,610 | TotalAmt |
| Program Services | $624,080 | ProgramServicesAmt |
| Management And General | $134,623 | ManagementAndGeneralAmt |
| Fundraising | $12,907 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,296 | TotalAmt |
| Program Services | $258,356 | ProgramServicesAmt |
| Management And General | $101,233 | ManagementAndGeneralAmt |
| Fundraising | $9,707 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,943 | TotalAmt |
| Program Services | $22,347 | ProgramServicesAmt |
| Management And General | $8,756 | ManagementAndGeneralAmt |
| Fundraising | $840 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,365 | TotalAmt |
| Program Services | $18,445 | ProgramServicesAmt |
| Management And General | $7,227 | ManagementAndGeneralAmt |
| Fundraising | $693 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,256 | TotalAmt |
| Management And General | $14,256 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,001 | TotalAmt |
| Program Services | $81,853 | ProgramServicesAmt |
| Management And General | $32,073 | ManagementAndGeneralAmt |
| Fundraising | $3,075 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,469 | TotalAmt |
| Program Services | $43,839 | ProgramServicesAmt |
| Management And General | $177,020 | ManagementAndGeneralAmt |
| Fundraising | $1,610 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,582 | TotalAmt |
| Program Services | $196,582 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,393 | TotalAmt |
| Program Services | $103,622 | ProgramServicesAmt |
| Management And General | $136,878 | ManagementAndGeneralAmt |
| Fundraising | $3,893 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,596 | TotalAmt |
| Program Services | $16,721 | ProgramServicesAmt |
| Management And General | $5,197 | ManagementAndGeneralAmt |
| Fundraising | $678 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,312 | TotalAmt |
| Management And General | $2,312 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,740 | TotalAmt |
| Program Services | $63,481 | ProgramServicesAmt |
| Management And General | $24,874 | ManagementAndGeneralAmt |
| Fundraising | $2,385 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $588,777 | TotalAmt |
| Program Services | $411,905 | ProgramServicesAmt |
| Management And General | $161,397 | ManagementAndGeneralAmt |
| Fundraising | $15,475 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,004 | TotalAmt |
| Program Services | $65,065 | ProgramServicesAmt |
| Management And General | $25,494 | ManagementAndGeneralAmt |
| Fundraising | $2,445 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER EDUCATIONAL SUPPO | $327,457 | $327,457 | $0 | $0 |
| PARENT/TEACHER ORGANIZA | $101,288 | $0 | $0 | $101,288 |
| REPAIRS AND MAINTENANCE | $95,421 | $66,756 | $26,157 | $2,508 |
| PROFESSIONAL DEVELOPMEN | $64,413 | $45,061 | $17,658 | $1,694 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,771 | TotalAmt |
| Program Services | $112,491 | ProgramServicesAmt |
| Management And General | $82,674 | ManagementAndGeneralAmt |
| Fundraising | $43,606 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,401,243 | TotalAmt |
| Program Services | $6,621,288 | ProgramServicesAmt |
| Management And General | $2,435,473 | ManagementAndGeneralAmt |
| Fundraising | $344,482 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,242,478 | BOYAmt |
| EOY | $5,132,947 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $808,936 | BOYAmt |
| EOY | $642,752 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,447 | BOYAmt |
| EOY | $79,941 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,376,712 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,328,593 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,891,944 | BOYAmt |
| EOY | $8,048,119 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,940,117 | BOYAmt |
| EOY | $3,240,128 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,558,790 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,432 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,069,354 | BOYAmt |
| EOY | $18,702,677 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,451,355 | BOYAmt |
| EOY | $1,020,740 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,712,617 | BOYAmt |
| EOY | $2,986,965 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,907,778 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,588,016 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,163,972 | BOYAmt |
| EOY | $10,503,499 | 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 | $6,492,620 | BOYAmt |
| EOY | $6,937,103 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,412,762 | BOYAmt |
| EOY | $1,262,075 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,905,382 | BOYAmt |
| EOY | $8,199,178 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,069,354 | BOYAmt |
| EOY | $18,702,677 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $238,182 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $55,614 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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 | $2,704,041 | BeginningYearBalanceAmt |
| Contributions | $238,275 | ContributionsAmt |
| Investment Earnings Or Losses | $37,649 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $18,588 | OtherExpendituresAmt |
| End Year Balance | $2,961,377 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,131,361 | BeginningYearBalanceAmt |
| Contributions | $912,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$44,905 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,294,415 | OtherExpendituresAmt |
| End Year Balance | $2,704,041 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,599,110 | BeginningYearBalanceAmt |
| Contributions | $432,000 | ContributionsAmt |
| Investment Earnings Or Losses | $117,298 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $17,047 | OtherExpendituresAmt |
| End Year Balance | $3,131,361 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,613,638 | BeginningYearBalanceAmt |
| Contributions | $2,000 | ContributionsAmt |
| Other Expenditures | $16,528 | OtherExpendituresAmt |
| End Year Balance | $2,599,110 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,072,414 | BeginningYearBalanceAmt |
| Contributions | $741,220 | ContributionsAmt |
| Investment Earnings Or Losses | $22,445 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $222,441 | OtherExpendituresAmt |
| End Year Balance | $2,613,638 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.86660 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.08940 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04400 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,342,140 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,890,990 | DepreciationAmt |
| Book Value | $7,451,150 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $245,725 | OtherCostOrOtherBasisAmt |
| Depreciation | $200,398 | DepreciationAmt |
| Book Value | $45,327 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $788,847 | OtherCostOrOtherBasisAmt |
| Depreciation | $237,205 | DepreciationAmt |
| Book Value | $551,642 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,048,119 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL LEASE | Desc |
| Amt | $1,588,016 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,588,016 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,408,543 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $55,614 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $55,614 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,352,929 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $14,256 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $272,240 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $286,496 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,639,425 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,114,747 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,114,747 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $14,256 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $272,240 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $286,496 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,401,243 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | BOARD DESIGNATED FUNDS - THESE FUNDS HAVE BEEN ESTABLISHED THROUGH BOARD APPROVED RESERVE POLICIES TO PROVIDE CASH RESERVES FOR FUTURE EXPECTED AND UNEXPECTED EVENTS AND TO ENSURE THE FUTURE FISCAL STABILITY OF THE ACADEMY. PERMANENT ENDOWMENT FUNDS - INCOME FROM THE PERMANENT ENDOWMENTS IS USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT THE ACADEMY AND TO PROVIDE ADDITIONAL SUPPORT FOR FACULTY PROFESSIONAL DEVELOPMENT EXPENSES. TEMPORARILY RESTRICTED FUNDS - THESE FUNDS ARE ONLY AVAILABLE FOR SPECIFIED PURPOSES. THESE INCLUDE SCHOOL PROGRAMS, FINANCIAL AID, AND FUTURE BUILDING RENOVATIONS. |
| PART X, LINE 2: | THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), EXCEPT FOR UNRELATED BUSINESS INCOME, AS DEFINED BY THE IRC. THE ACADEMY DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. ACCORDINGLY, THESE STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE ACADEMY IS REQUIRED TO FILE, AND DOES FILE, TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. TAX RETURNS FILED BY THE ACADEMY ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID - GROUPED WITH REVENUE ON THE FINANCIAL STATEMENTS 272,240. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID - GROUPED WITH REVENUE ON THE FINANCIAL STATEMENTS 272,240. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE POLICY IS PUBLICIZED THROUGH PRINTED MATERIALS AND PERIODIC ADVERTISEMENTS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION | Event1Nm |
| Gross Receipts Event1 | $87,529 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $87,529 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $40,356 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $87,529 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $87,529 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $40,356 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $40,356 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$40,356 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID FOR STUDENTS | GrantTypeTxt |
| Recipient | 49 | RecipientCnt |
| Non Cash Assistance | $272,240 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | FINANCIAL AID | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | A FINANCIAL AID PROGRAM HAS BEEN ESTABLISHED TO PROVIDE TUITION ASSISTANCE FOR THOSE CHILDREN WHO OTHERWISE WOULD NOT ATTEND THE SCHOOL. APPLICATIONS FOR FINANCIAL AID ARE DIRECTLY SUBMITTED TO FACTS, A THIRD PARTY SERVICE, TO HELP CALCULATE FAMILIES' FINANCIAL NEED. FACTS PROVIDES THIS INFORMATION TO THE WOODS ACADEMY IN ORDER FOR THE SCHOOL TO DETERMINE FINANCIAL AID AWARDS THAT ARE FAIR, EQUITABLE AND BASED ON NEED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOSEPH POWERS | ||||||||||||||
| HEAD OF SCHOOL | $359,387 | $0 | $38,965 | $0 | $6,359 | $0 | $26,148 | $0 | $36,600 | $0 | $467,459 | $0 | $0 | $0 |
| ERIC SMITH | ||||||||||||||
| DIRECTOR OF TECHNOLOGY | $98,818 | $0 | $3,844 | $0 | $0 | $0 | $7,063 | $0 | $75,280 | $0 | $185,005 | $0 | $0 | $0 |
| HASMIG MAHSHIGIAN | ||||||||||||||
| DIR OF FINANCE & OPERATIONS | $157,516 | $0 | $4,018 | $0 | $0 | $0 | $10,389 | $0 | $9,316 | $0 | $181,239 | $0 | $0 | $0 |
| ERIN JEFFERS | ||||||||||||||
| ATHLETIC DIRECTOR | $102,704 | $0 | $1,362 | $0 | $0 | $0 | $5,875 | $0 | $55,448 | $0 | $165,389 | $0 | $0 | $0 |
| JODIE SHOEMAKER | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL | $103,679 | $0 | $3,844 | $0 | $0 | $0 | $7,949 | $0 | $39,600 | $0 | $155,072 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | HOLIDAY AND PERFORMANCE BASED BONUSES THAT WERE PAID ARE INCLUDED IN PART II COL B(II). | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $10,500 | CashGrantAmt |
| Type Of Assistance | FINANCIAL AID | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION ASSISTANCE | AssistancePurposeTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | THE WOODS ACADEMY IS AN INDEPENDENT CO-EDUCATIONAL, INCLUSIVE CATHOLIC SCHOOL OFFERING BOYS AND GIRLS FROM PRE-SCHOOL THROUGH GRADE 8 A CHALLENGING AND SUPPORTIVE EDUCATIONAL EXPERIENCE. THE SCHOOL'S MISSION IS TO PREPARE BOYS AND GIRLS TO LEAD LIVES OF SIGNIFICANCE. OUR COMPREHENSIVE PROGRAM ENCOURAGES ALL STUDENTS TO ACHIEVE THEIR FULL INTELLECTUAL, SPIRITUAL, EMOTIONAL, SOCIAL, PHYSICAL, AND CREATIVE POTENTIAL. THE WOODS ACADEMY IS COMMITTED TO PROVIDING A LEARNING ENVIRONMENT AND SCHOOL COMMUNITY THAT PROMOTES PERSONAL INTEGRITY, RESPECT FOR THE UNIQUENESS OF EACH INDIVIDUAL, A SPIRIT OF EQUALITY, AND A COMMITMENT TO SERVICE. BY DEVELOPING SELF-RELIANT CRITICAL THINKERS, THE WOODS ACADEMY PREPARES ITS STUDENTS FOR ACADEMICALLY DEMANDING SECONDARY SCHOOLS, A LIFE-LONG LOVE OF LEARNING, AND THE OPPORTUNITIES AND CHALLENGES PRESENTED BY OUR GLOBAL SOCIETY. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | THE WOODS ACADEMY SERVES A STUDENT POPULATION OF OVER 320 STUDENTS AND A COMMUNITY OF OVER 220 FAMILIES. OUR YOUNGEST STUDENTS (AGES 3 TO 6 YEARS-OLD) START WITH A MONTESSORI PROGRAM AND CONTINUE ON TO A MORE TRADITIONAL CLASSROOM FOR GRADES 1 THROUGH 8. THE MONTESSORI APPROACH TO EARLY EDUCATION LAYS THE FOUNDATION FOR OUR LOWER AND UPPER SCHOOL ACADEMIC PROGRAMS WHICH DEVELOP INTELLECTUAL DISCIPLINE AND A LIFE-LONG LOVE OF LEARNING. FROM AMAZING ARTS, TO COMPETITIVE ATHLETICS, TO INTERACTIVE TECHNOLOGY, TO STRONG ACADEMICS, TO AN INCLUSIVE FAITH LIFE, TO A RICH DAILY WORLD LANGUAGE EXPERIENCE, WOODS STUDENTS EXPLORE THEIR CREATIVITY AND CURIOSITY AND BECOME CONFIDENT YOUNG ADULTS. STUDENT TEACHER RATIOS ARE ABOUT 8 TO 1. THE WOODS ACADEMY ALSO OFFERS EXTENDED CARE AND STUDY HALL SERVICES FOR AFTER SCHOOL HOURS. THE HALLMARK OF THE WOODS IS A GENUINE SENSE OF COMMUNITY. OUR SMALL CLASS SIZE AND CLOSE-KNIT ENVIRONMENT IS OPTIMAL FOR THE PERSONAL AND EDUCATIONAL GROWTH OF STUDENTS. FACULTY, ADMINISTRATION, AND STAFF KNOW THE STUDENTS WELL AND CHALLENGE THEM TO REALIZE THEIR FULL POTENTIAL. PARENTS AND FAMILIES KNOW AND HELP EACH OTHER AND VOLUNTEER INVALUABLE TIME TO SCHOOL ACTIVITIES. |
| FORM 990, PART VI, SECTION B, LINE 11B | AN INDEPENDENT ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON THE AUDITED FINANCIAL STATEMENTS AND QUESTIONNAIRES COMPLETED BY THE SCHOOL'S DIRECTOR OF FINANCE. THE DIRECTOR OF FINANCE REVIEWS THE DRAFT OF THE COMPLETED FORM 990. THE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND COMMENT. AFTER COMMENTS ARE MADE, THE HEAD OF SCHOOL REVIEWS THE FINAL 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE BEGINNING OF EVERY FISCAL YEAR, ALL BOARD MEMBERS (OLD AND NEW) ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT TO THE CONFLICT OF INTEREST POLICY. BY SIGNING, THE MEMBER AGREES TO DISCLOSE ANY EXISTING CONFLICTS OF INTEREST AS WELL AS ANY THAT MAY ARISE OVER THE COURSE OF THE YEAR. IF A CONFLICT EXISTS AND THE BOARD MEMBER DOES NOT DISCLOSE THE CONFLICT, THE MEMBER IS ASKED BY THE CHAIR OR VICE-CHAIR TO REFRAIN FROM VOTING ON THE RELATED ISSUE AND/OR ASKED TO RESIGN IF THE MEMBER WITH THE CONFLICT DOES NOT COOPERATE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES HIRES THE HEAD OF SCHOOL, THE TOP MANAGEMENT OFFICIAL, TO RUN THE OPERATIONS OF THE SCHOOL. EVERY YEAR THE BOARD'S HEAD EVALUATION AND SUPPORT COMMITTEE (HES COMMITTEE) EVALUATES THE PERFORMANCE OF THE HEAD IN MEETING OBJECTIVES DELINEATED IN THE BEGINNING OF THE YEAR. IN ADDITION, COMPENSATION IS COMPARED TO OTHER HEADS OF SCHOOLS' COMPENSATION FROM A GROUP OF SCHOOLS THAT ARE COMPARABLE IN SIZE, GEOGRAPHY, AND MISSION. THE HES COMMITTEE RECOMMENDS ANNUAL COMPENSATION INCREASES BASED ON THIS COMPARATIVE INFORMATION. IN ADDITION, THE COMMITTEE'S RECOMMENDATION IS IN LINE AND CONSISTENT WITH INCREASES IN THE OVERALL SALARY EXPENSES FOR OTHER FACULTY AND STAFF. THE HES PRESENTS ITS ANNUAL EVALUATION, RECOMMENDATION AND COMPARABLE REVIEW TO THE BOARD OF TRUSTEES. THE SALARY COMPENSATION IS APPROVED BY THE WHOLE BOARD BY VOTE AND DOCUMENTED IN THE MINUTES. THE BOARD OF TRUSTEES ANNUALLY DETERMINES AND APPROVES THE BUDGET FOR THE SCHOOL AND ITS OPERATING EXPENSES. THE SALARY EXPENSES ARE DETERMINED BASED UPON COMPARATIVE DATA FROM INDEPENDENT EDUCATION, AN ASSOCIATION FOR INDEPENDENT SCHOOLS IN THE GREATER WASHINGTON METROPOLITAN AREA. THIS IS TRUE WITH ALL FACULTY AND STAFF POSITIONS, INCLUDING OFFICERS OF THE SCHOOL. ONCE THE BUDGET IS APPROVED, THE HEAD OF SCHOOL FINALIZES EACH FACULTY AND STAFF'S SALARY INCREASE FOR THE YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
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