WORCESTER PREPARATORY SCHOOL INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WORCESTER PREPARATORY SCHOOL INC (EIN 52-0903685)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-26
- IRS object ID
- 202431179349300523
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-26T09:43:19-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 520619968 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAW CASSON & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9748 STEPHEN DECATUR HWY STE 103 | AddressLine1Txt |
| City | OCEAN CITY | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 218429358 | 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 | 520903685 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORCESTER PREPARATORY SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WORC | BusinessNameControlTxt |
| Phone | 4106413575 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 1006 | AddressLine1Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21811 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM E ESHAM JR | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 4106413575 | PhoneNum |
| Signature | 2024-04-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM E | PersonFirstNm |
| Person Last | ESHAM JR | 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 | CHAD T VENT | PreparerPersonNm |
| PTIN | P01212680 | PTIN |
| Phone | 4102138700 | PhoneNum |
| Preparation | 2024-04-26 | 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 | WILLIAM E ESHAM JR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 77 | AddressLine1Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21811 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,302,064 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WORCESTERPREP.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | SCHOOL | OtherOrganizationDsc |
| Formation | 1969 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE EDUCATION | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 163 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $258,600 | PYContributionsGrantsAmt |
| CY Contributions Grants | $309,307 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,238,089 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,349,063 | CYProgramServiceRevenueAmt |
| PY Investment Income | $259,187 | PYInvestmentIncomeAmt |
| CY Investment Income | $408,521 | CYInvestmentIncomeAmt |
| PY Other Revenue | $187,415 | PYOtherRevenueAmt |
| CY Other Revenue | $197,965 | CYOtherRevenueAmt |
| PY Total Revenue | $7,943,291 | PYTotalRevenueAmt |
| CY Total Revenue | $9,264,856 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,849,062 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,242,456 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $178,313 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,465,755 | PYOtherExpensesAmt |
| CY Other Expenses | $3,192,185 | CYOtherExpensesAmt |
| PY Total Expenses | $7,314,817 | PYTotalExpensesAmt |
| CY Total Expenses | $8,434,641 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $628,474 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $830,215 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,480,542 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,834,154 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,159,857 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,141,762 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,320,685 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $17,692,392 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE EDUCATION | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $5,745,180 | ExpenseAmt |
| Revenue | $8,349,063 | RevenueAmt |
| Desc | OPERATION OF EDUCATION FACILITY - 550 STUDENTS, APPROXIMATELY 42 FULL-TIME TEACHERS AND 25 ADMINISTRATORS AND STAFF. AWARDS OF EXCELLENCE PROVIDED TO STUDENTS OF PARTICULAR MERIT. | Desc |
| Total Program Service Expenses | $5,745,180 | 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 | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | 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 | false | 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 | 163 | 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 | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | false | 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 | Yes (true) | 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 | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUSINESS MANAGER | BusinessNameLine1Txt |
| Business Name Line2 | WORCESTER PREP SCHOOL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4106413575 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 1006 | AddressLine1Txt |
| Address Line2 | P O BOX 1006 | AddressLine2Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 218111006 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| DR JOHN MCDONALD | |||||||
| HEADMASTER | 45.00 | Yes (X) | $172,500 | $0 | $0 | ||
| SANDY COOPER | |||||||
| BUSINESS MAN | 40.00 | $150,500 | $0 | $0 | Yes (X) | ||
| ANN BATEMAN | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| TODD BURBAGE | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| CATHY DAVIES-HARMON | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| J STEVEN GREEN | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| STEPHEN HAMMOND | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| REESE CROPPER III | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| WILLIAM E ESHAM III | |||||||
| TRUSTEE & AS | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| CHARLES R JENKINS | |||||||
| PRESIDENT | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| LAURA JENKINS | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| WILLIAM E ESHAM JR | |||||||
| SECRETARY/TR | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| LLOYD LEWIS | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| KATHY MARSHALL | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| S ALEXANDER MOORE | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| CHARLES NICHOLS | |||||||
| TRUSTEE & AS | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| MITCHELL M PARKER | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| G TROY PURNELL | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| GEORGE A PURNELL | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| MITCHELL TRUIT | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $323,000 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $9,400 | FundraisingAmt |
| All Other Contributions | $299,907 | AllOtherContributionsAmt |
| Total Contributions | $309,307 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND SCHOOL | 611710 | $7,693,380 | $7,693,380 |
| OTHER PROGRAM SERVICE REVENUE | 611710 | $526,048 | $526,048 |
| OTHER ACTIVITIES | $129,635 | $129,635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,349,063 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $374,141 | TotalRevenueColumnAmt |
| Exclusion | $374,141 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $34,380 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $34,380 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,380 | TotalRevenueColumnAmt |
| Exclusion | $34,380 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $235,173 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $9,400 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $37,208 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $197,965 | TotalRevenueColumnAmt |
| Exclusion | $197,965 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,264,856 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,349,063 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $606,486 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,692,917 | TotalAmt |
| Program Services | $3,222,112 | ProgramServicesAmt |
| Management And General | $1,304,095 | ManagementAndGeneralAmt |
| Fundraising | $166,710 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,129 | TotalAmt |
| Program Services | $202,129 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $347,410 | TotalAmt |
| Program Services | $238,531 | ProgramServicesAmt |
| Management And General | $97,276 | ManagementAndGeneralAmt |
| Fundraising | $11,603 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,250 | TotalAmt |
| Management And General | $11,250 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,156 | TotalAmt |
| Management And General | $36,156 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $784,396 | TotalAmt |
| Program Services | $337,329 | ProgramServicesAmt |
| Management And General | $447,067 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,306 | TotalAmt |
| Program Services | $44,306 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,692 | TotalAmt |
| Program Services | $39,848 | ProgramServicesAmt |
| Management And General | $19,844 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,080 | TotalAmt |
| Program Services | $2,855 | ProgramServicesAmt |
| Management And General | $8,225 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,150 | TotalAmt |
| Program Services | $431,917 | ProgramServicesAmt |
| Management And General | $2,233 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $675,035 | TotalAmt |
| Program Services | $90,033 | ProgramServicesAmt |
| Management And General | $585,002 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| BUSING | $272,616 | $272,616 |
| COMPUTER SUPPLIES | $223,601 | $223,601 |
| UTILITIES | $184,456 | $184,456 |
| ATHLETICS | $145,494 | $145,494 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,953 | TotalAmt |
| Program Services | $309,953 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,434,641 | TotalAmt |
| Program Services | $5,745,180 | ProgramServicesAmt |
| Management And General | $2,511,148 | ManagementAndGeneralAmt |
| Fundraising | $178,313 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,204,575 | BOYAmt |
| EOY | $6,003,296 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,024,442 | BOYAmt |
| EOY | $2,047,762 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $552 | BOYAmt |
| EOY | $68,649 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,384,670 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,774,886 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,819,026 | BOYAmt |
| EOY | $4,609,784 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,431,947 | BOYAmt |
| EOY | $5,713,461 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $391,202 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,480,542 | BOYAmt |
| EOY | $18,834,154 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,751 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,133,106 | BOYAmt |
| EOY | $1,141,762 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,159,857 | BOYAmt |
| EOY | $1,141,762 | 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 | $15,495,229 | BOYAmt |
| EOY | $16,909,181 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $825,456 | BOYAmt |
| EOY | $783,211 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,320,685 | BOYAmt |
| EOY | $17,692,392 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,480,542 | BOYAmt |
| EOY | $18,834,154 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $830,215 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $150,290 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $391,202 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| 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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $122,612 | InvestmentCostOrOtherBasisAmt |
| Book Value | $122,612 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,740,074 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $7,809,742 | DepreciationAmt |
| Book Value | $3,930,332 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $629,684 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $310,845 | DepreciationAmt |
| Book Value | $318,839 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,436,525 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,326,570 | DepreciationAmt |
| Book Value | $109,955 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $455,775 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $327,729 | DepreciationAmt |
| Book Value | $128,046 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,609,784 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BOND FUNDS | $2,151,296 | F |
| INVESTMENT GRADE FUND | $1,213,329 | F |
| MSDW INVESTMENTS | $922,654 | F |
| BROKERAGE CASH RESERVE TRUST | $786,997 | F |
| SCHOLARSHIP FUND | $411,078 | F |
| ALLOWANCE ACCOUNT | $166,991 | F |
| TULL SCHOLARSHIP | $25,781 | F |
| PNC STOCK | $18,021 | F |
| CFES ENDOWMENT FUNDS | $17,314 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,713,461 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCED ENROLLMENT FEES | $681,552 |
| FACULTY SALARIES PAYABLE | $420,953 |
| PAYROLL RELATED LIABILITIES | $39,257 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,141,762 | TotalLiabilityAmt |
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 | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL STATES ITS NONDISCRIMINATORY POLICY IN ADVERTISEMENTS THAT ARE PUBLISHED IN APPROXIMATELY EIGHT DIFFERENT LOCAL AND REGIONAL PUBLICATIONS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA AUCTION & | Event1Nm |
| Gross Receipts Event1 | $244,573 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $9,400 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $235,173 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $37,208 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $244,573 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $9,400 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $235,173 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $37,208 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $37,208 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $197,965 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|
| DR JOHN MCDONALD | ||
| HEADMASTER | $172,500 | $172,500 |
| SANDY COOPER | ||
| BUSINESS MANAGER | $150,500 | $150,500 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 2 | WILLIAM E ESHAM JR WILLIAM E ESHAM III FAMILY AND BUSINESS GEORGE A PURNELL G TROY PURNELL FAMILY AND BUSINESS CHARLES R JENKINS LAURA JENKINS FAMILY CHARLES R JENKINS WILLIAM E ESHAM JR BUSINESS |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE SCHOOL FINANCE COMMITTEE REVIEWS THE FINANCIAL INFORMATION |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE OFFICERS SIGN A WRITTEN CONFLICT OF INTERST POLICY ANNUALLY, AND THE POLICY IS MONITORED AND ENFORCED BY THE SCHOOLS ADMINISTRATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | A PAPER COPY OF THE FORM 990 WILL BE AVAILABLE UPON REQUEST TO THE SCHOOLS BOARD OF DIRECTORS. |
| FORM 990, PART XI, LINE 9 | PRIOR PERIOD ADJUSTMENT FOR ERC 391,202 |
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