RUTGERS PREPARATORY SCHOOL: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- RUTGERS PREPARATORY SCHOOL (EIN 22-1607926)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202431369349318578
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T19:30:49-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 MARKET STREET STE 29 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | 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 | 221607926 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUTGERS PREPARATORY SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RUTG | BusinessNameControlTxt |
| Phone | 7325455600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1345 EASTON AVENUE | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 088731499 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GERALD TAMBURRO | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7325455600 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GERALD | PersonFirstNm |
| Person Last | TAMBURRO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | 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 | PHILLIP GROFF | PreparerPersonNm |
| PTIN | P01247783 | PTIN |
| Phone | 2672567000 | PhoneNum |
| Preparation | 2024-05-15 | 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 | STEVEN A LOY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1345 EASTON AVENUE | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 088731499 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $35,750,185 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RUTGERSPREP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1766 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | PRE-KINDERGARTEN THROUGH TWELFTH GRADE CO-EDUCATIONAL INDEPENDENT DAY SCHOOL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 284 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $810,233 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,299,672 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $27,985,378 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $29,613,316 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,244,577 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,209,979 | CYInvestmentIncomeAmt |
| PY Other Revenue | $602,166 | PYOtherRevenueAmt |
| CY Other Revenue | $339,850 | CYOtherRevenueAmt |
| PY Total Revenue | $30,642,354 | PYTotalRevenueAmt |
| CY Total Revenue | $33,462,817 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,179,379 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,478,506 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,474,608 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,400,778 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $987,748 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,267,952 | PYOtherExpensesAmt |
| CY Other Expenses | $5,861,864 | CYOtherExpensesAmt |
| PY Total Expenses | $27,921,939 | PYTotalExpensesAmt |
| CY Total Expenses | $29,741,148 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,720,415 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,721,669 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $57,499,480 | TotalAssetsBOYAmt |
| Total Assets EOY | $62,037,788 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,830,936 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,840,201 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,668,544 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $53,197,587 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THROUGH EXCELLENCE IN EDUCATION, WE INSPIRE STUDENTS TO DISCOVER AND PURSUE THEIR PASSIONS, EMBRACE INTELLECTUAL CURIOSITY AND CREATIVITY, AND LEAD WITH CONFIDENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,949,005 | ExpenseAmt |
| Grant | $6,478,506 | GrantAmt |
| Revenue | $27,823,097 | RevenueAmt |
| Desc | EDUCATION & INSTRUCTION: EDUCATION AND INSTRUCTION FOR APPROXIMATELY 697 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH GRADE 12 SERVING SOMERSET COUNTY AND ADJACENT COMMUNITIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,851,836 | ExpenseAmt |
| Revenue | $861,200 | RevenueAmt |
| Desc | STUDENT SERVICES - ACTIVITIES (INCLUDING ATHLETICS, STUDENT PUBLICATIONS, DRAMA, CLUBS ETC.) | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,916,217 | ExpenseAmt |
| Revenue | $969,185 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES (INCLUDING SCHOOL STORE, CAFETERIA, INTERNATIONAL PROGRAM, SUMMER CAMPS, AFTER SCHOOL PROGRAMS, GRADUATION). | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $24,717,058 | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 18 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 284 | 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 | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | 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 | ROBERT APGAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7325455600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1345 EASTON AVENUE | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 088731499 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| KATE ANDERSEN-SHEFT | ||||||||
| SECRETARY, TRUSTEE (UNTIL 5/18/23) | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANA AYMES | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW K GOLDEN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DELLA HAMMER CHERCHIA | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTIAN HUSBY | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| IAN MARSHALL | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HENRY RAMALLO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ERNEST RENDA | ||||||||
| PRESIDENT, TRUSTEE | 3.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GEORGES RICHA | ||||||||
| VICE PRESIDENT, TRUSTEE | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARK SHERMAN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GERALD TAMBURRO | ||||||||
| TREASURER, TRUSTEE | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHLEEN TOOMEY | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE WILLIAMS | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER YORLANO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOY ZHAO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY ZIEBARTH | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| AAMIR REHMAN | ||||||||
| TRUSTEE (BEGAN 7/1/22) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER LAMPEN | ||||||||
| TRUSTEE (BEGAN 7/1/22) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NIK RAO | ||||||||
| TRUSTEE (BEGAN 7/1/22) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN A LOY | ||||||||
| HEAD OF SCHOOL | 50.00 | 0.00 | Yes (X) | $646,174 | $0 | $54,544 | ||
| ROBERT APGAR | ||||||||
| CHIEF OPERATING OFFICER | 50.00 | 0.00 | Yes (X) | $230,596 | $0 | $11,393 | ||
| PETER RICHARDSON | ||||||||
| DIRECTOR OF CAMPUS OPERATIONS | 50.00 | 0.00 | $205,227 | $0 | $42,345 | Yes (X) | ||
| KEVIN MERGES | ||||||||
| DIR. OF INNOVATION CENTER | 50.00 | 0.00 | $185,269 | $0 | $57,719 | Yes (X) | ||
| TODD RUTMAN | ||||||||
| DIRECTOR OF FINANCE | 50.00 | 0.00 | $172,711 | $0 | $42,786 | Yes (X) | ||
| PATRIA LEROY | ||||||||
| DIR. OF ENROLLMENT & FINANCIAL | 50.00 | 0.00 | $163,223 | $0 | $60,633 | Yes (X) | ||
| JOE CHODL | ||||||||
| UPPER SCHOOL PRINCIPAL | 50.00 | 0.00 | $156,992 | $0 | $48,207 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,760,192 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $317,627 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 33 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAGE DINING SERVICES INC | |||||
| 1402 YORK ROAD SUITE 100 | LUTHERVILLE | MD | 21093 | FOOD SERVICE | $913,964 |
| HAYDEN PRODUCTION SERVICES | |||||
| 299 MARKET ST | SADDLE BROOK | NJ | 07662 | CONSTRUCTION | $159,828 |
| DISOUSA CONTRACTING CONSULTING LLC | |||||
| 3 HIGHWOOD TERRACE | BOONTON TOWNSHIP | NJ | 07005 | CONSTRUCTION | $137,154 |
| OESIS NETWORK INC | |||||
| 3301 BLUE RIDGE COURT | WESTLAKE VILLAGE | CA | 91362 | CONSULTING | $121,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,299,672 | AllOtherContributionsAmt |
| Noncash Contributions | $191,865 | NoncashContributionsAmt |
| Total Contributions | $1,299,672 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDENT TUITION | 611110 | $28,683,605 | $28,683,605 |
| STUDENT FEES | 611110 | $599,503 | $599,503 |
| OTHER PROGRAMS | 611110 | $330,208 | $330,208 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $29,613,316 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,531,495 | TotalRevenueColumnAmt |
| Exclusion | $2,531,495 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $139,560 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,383 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $115,177 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $115,177 | TotalRevenueColumnAmt |
| Exclusion | $115,177 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,892,459 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,938,975 | SecuritiesAmt |
| Other | $275,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$46,516 | SecuritiesAmt |
| Other | -$275,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$321,516 | TotalRevenueColumnAmt |
| Exclusion | -$321,516 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $76,533 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $49,010 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,523 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,523 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUMMER CAMPS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $197,150 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $197,150 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $197,150 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,462,817 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,837,989 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,325,156 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,478,506 | TotalAmt |
| Program Services | $6,478,506 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $824,848 | TotalAmt |
| Program Services | $611,252 | ProgramServicesAmt |
| Management And General | $172,075 | ManagementAndGeneralAmt |
| Fundraising | $41,521 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,305 | TotalAmt |
| Program Services | $57,417 | ProgramServicesAmt |
| Management And General | $16,068 | ManagementAndGeneralAmt |
| Fundraising | $3,820 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,268,493 | TotalAmt |
| Program Services | $10,291,915 | ProgramServicesAmt |
| Management And General | $2,385,701 | ManagementAndGeneralAmt |
| Fundraising | $590,877 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,771 | TotalAmt |
| Program Services | $593,386 | ProgramServicesAmt |
| Management And General | $156,154 | ManagementAndGeneralAmt |
| Fundraising | $31,231 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,417,925 | TotalAmt |
| Program Services | $1,086,897 | ProgramServicesAmt |
| Management And General | $283,585 | ManagementAndGeneralAmt |
| Fundraising | $47,443 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,031,436 | TotalAmt |
| Program Services | $782,811 | ProgramServicesAmt |
| Management And General | $206,778 | ManagementAndGeneralAmt |
| Fundraising | $41,847 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,714 | TotalAmt |
| Management And General | $35,714 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,650 | TotalAmt |
| Management And General | $71,650 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,617 | TotalAmt |
| Management And General | $137,617 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,513 | TotalAmt |
| Program Services | $87,864 | ProgramServicesAmt |
| Management And General | $88,654 | ManagementAndGeneralAmt |
| Fundraising | $28,995 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,015 | TotalAmt |
| Program Services | $220,514 | ProgramServicesAmt |
| Management And General | $19,601 | ManagementAndGeneralAmt |
| Fundraising | $4,900 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,671 | TotalAmt |
| Program Services | $12,671 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $643,131 | TotalAmt |
| Program Services | $633,804 | ProgramServicesAmt |
| Management And General | $2,304 | ManagementAndGeneralAmt |
| Fundraising | $7,023 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,905 | TotalAmt |
| Program Services | $20,810 | ProgramServicesAmt |
| Management And General | $876 | ManagementAndGeneralAmt |
| Fundraising | $219 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,772 | TotalAmt |
| Program Services | $1,108 | ProgramServicesAmt |
| Management And General | $34,729 | ManagementAndGeneralAmt |
| Fundraising | $935 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,063,180 | TotalAmt |
| Program Services | $1,010,021 | ProgramServicesAmt |
| Management And General | $42,527 | ManagementAndGeneralAmt |
| Fundraising | $10,632 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,041 | TotalAmt |
| Management And General | $219,041 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DINING SERVICE | $812,416 | $812,416 | |
| ACADEMIC DEPT. EXP./ACT | $588,749 | $588,749 | |
| ATHLETICS & STUDENT ACT | $491,977 | $491,977 | |
| INTERNATIONAL PROGRAM | $85,086 | $78,836 | $6,250 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,191,427 | TotalAmt |
| Program Services | $856,104 | ProgramServicesAmt |
| Management And General | $157,018 | ManagementAndGeneralAmt |
| Fundraising | $178,305 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,741,148 | TotalAmt |
| Program Services | $24,717,058 | ProgramServicesAmt |
| Management And General | $4,036,342 | ManagementAndGeneralAmt |
| Fundraising | $987,748 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,164,151 | BOYAmt |
| EOY | $16,280,212 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,376,997 | BOYAmt |
| EOY | $529,929 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,163 | BOYAmt |
| EOY | $209,267 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,165 | BOYAmt |
| EOY | $183,192 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,043 | BOYAmt |
| EOY | $123,253 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $191,138 | BOYAmt |
| EOY | $150,553 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $38,475,968 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,994,383 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,816,651 | BOYAmt |
| EOY | $15,481,585 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,680,023 | BOYAmt |
| EOY | $27,831,946 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $654,149 | BOYAmt |
| EOY | $1,247,851 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,499,480 | BOYAmt |
| EOY | $62,037,788 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,654,241 | BOYAmt |
| EOY | $1,887,025 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,982,408 | BOYAmt |
| EOY | $6,778,690 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,287 | BOYAmt |
| EOY | $174,486 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,830,936 | BOYAmt |
| EOY | $8,840,201 | 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 | $43,007,170 | BOYAmt |
| EOY | $45,725,905 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,661,374 | BOYAmt |
| EOY | $7,471,682 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,668,544 | BOYAmt |
| EOY | $53,197,587 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,499,480 | BOYAmt |
| EOY | $62,037,788 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,721,669 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $93,031 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$285,657 | 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 | $15,590,721 | BeginningYearBalanceAmt |
| Contributions | $126,901 | ContributionsAmt |
| Investment Earnings Or Losses | $1,302,829 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $112,009 | OtherExpendituresAmt |
| End Year Balance | $16,908,442 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,220,834 | BeginningYearBalanceAmt |
| Contributions | $60,425 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,592,241 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $98,297 | OtherExpendituresAmt |
| End Year Balance | $15,590,721 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,545,819 | BeginningYearBalanceAmt |
| Contributions | $350,800 | ContributionsAmt |
| Investment Earnings Or Losses | $3,446,229 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $122,014 | OtherExpendituresAmt |
| End Year Balance | $17,220,834 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,312,714 | BeginningYearBalanceAmt |
| Contributions | $1,850 | ContributionsAmt |
| Investment Earnings Or Losses | $289,268 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $58,013 | OtherExpendituresAmt |
| End Year Balance | $13,545,819 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,423,044 | BeginningYearBalanceAmt |
| Contributions | $130,300 | ContributionsAmt |
| Investment Earnings Or Losses | $767,572 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,202 | OtherExpendituresAmt |
| End Year Balance | $13,312,714 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.64540 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.16460 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.19000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $584,179 | OtherCostOrOtherBasisAmt |
| Book Value | $584,179 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,422,506 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,227,730 | DepreciationAmt |
| Book Value | $12,194,776 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,775,441 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,651,186 | DepreciationAmt |
| Book Value | $1,124,255 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,693,842 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,115,467 | DepreciationAmt |
| Book Value | $1,578,375 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,481,585 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSET RETIREMENT OBLIGATION | $88,292 |
| AMOUNTS HELD FOR OTHERS | $86,194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $174,486 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,865,078 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $93,031 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$212,264 | OtherRevenueAmt |
| Revenue Not Reported | -$119,233 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,984,311 | RevenueSubtotalAmt |
| Other Revenues Not Included | $6,478,506 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $6,478,506 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $33,462,817 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,336,035 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $73,393 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $73,393 | ExpensesNotReportedAmt |
| Expenses Subtotal | $23,262,642 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $6,478,506 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,478,506 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $29,741,148 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS HAVE BEEN ESTABLISHED BY THE SCHOOL FOR SCHOLARSHIPS, FACULTY DEVELOPMENT AND GENERAL PURPOSES. |
| PART X, LINE 2: | INCOME TAXES THE SCHOOL IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE ON INCOME GENERATED BY ACTIVITIES THAT ARE SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSE. THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND COULD RESULT IN A TAX LIABILITY. MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABILITIES USING A THRESHOLD OF MORE LIKELY THAN NOT. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT ARE REQUIRED TO BE RECORDED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 49,010. RENTAL EXPENSES 24,383. BEGINNING OF YEAR NET ASSETS ADJUSTMENT -184,507. PLEDGE WRITE-OFFS -101,150. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 6,478,506. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 49,010. RENTAL EXPENSES 24,383. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 6,478,506. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | RACIALLY NONDISCRIMINATORY A STATEMENT AS TO SUCH POSITION IS INCLUDED IN ADVERTISEMENTS AND ON THE ORGANIZATION'S WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: NO CHILD LEFT BEHIND, STATE OF NEW JERSEY - TEXTBOOKS, NURSING, AND TECHNOLOGY. INTERNAL REVENUE SERVICE EMPLOYEE RETENTION CREDIT. |
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 | STUDENT FINANCIAL AID & SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 306 | RecipientCnt |
| Cash Grant | $6,478,506 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | RUTGERS PREPARATORY SCHOOL OFFERS FINANCIAL AID TO QUALIFIED STUDENTS BASED ON THE DEMONSTRATED FINANCIAL NEED OF THE FAMILY AND THE AVAILABILITY OF FINANCIAL AID FUNDS. THESE FUNDS ARE NEED-BASED FINANCIAL AID. RUTGERS PREPARATORY SCHOOL USES CLARITY TUITION AID DATA SERVICES (CLARITY) AS ITS FINANCIAL AID APPLICATION SERVICE. CLARITY ASSISTS INDEPENDENT SCHOOLS IN DETERMINING FINANCIAL NEED. ALL APPLICATIONS FOR AID ARE MADE THROUGH THE ADMISSION OFFICE AND THE LIST OF FAMILIES WHO RECEIVE AID IS KEPT CONFIDENTIAL. FINANCIAL AID GRANTS ARE APPLIED AS A REDUCTION TO THE FAMILY'S TUITION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVEN A LOY | ||||||||||||||
| HEAD OF SCHOOL | $471,163 | $0 | $0 | $0 | $175,011 | $0 | $40,339 | $0 | $14,205 | $0 | $700,718 | $0 | $0 | $0 |
| PETER RICHARDSON | ||||||||||||||
| DIRECTOR OF CAMPUS OPERATIONS | $198,170 | $0 | $0 | $0 | $7,057 | $0 | $20,021 | $0 | $22,324 | $0 | $247,572 | $0 | $0 | $0 |
| KEVIN MERGES | ||||||||||||||
| DIR. OF INNOVATION CENTER | $184,526 | $0 | $0 | $0 | $743 | $0 | $19,408 | $0 | $38,311 | $0 | $242,988 | $0 | $0 | $0 |
| ROBERT APGAR | ||||||||||||||
| CHIEF OPERATING OFFICER | $230,401 | $0 | $0 | $0 | $195 | $0 | $9,135 | $0 | $2,258 | $0 | $241,989 | $0 | $0 | $0 |
| PATRIA LEROY | ||||||||||||||
| DIR. OF ENROLLMENT & FINANCIAL | $162,228 | $0 | $0 | $0 | $995 | $0 | $17,560 | $0 | $43,073 | $0 | $223,856 | $0 | $0 | $0 |
| TODD RUTMAN | ||||||||||||||
| DIRECTOR OF FINANCE | $172,008 | $0 | $0 | $0 | $703 | $0 | $0 | $0 | $42,786 | $0 | $215,497 | $0 | $0 | $0 |
| JOE CHODL | ||||||||||||||
| UPPER SCHOOL PRINCIPAL | $156,392 | $0 | $0 | $0 | $600 | $0 | $9,983 | $0 | $38,224 | $0 | $205,199 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | HOUSING AND OTHER ALLOWANCES HOUSING AND OTHER TAXABLE ALLOWANCES DESCRIPTION: THE ALLOWANCES FOR THE FOLLOWING EMPLOYEE IS TAXABLE AND REFLECTED AS PART OF TAXABLE INCOME AND INCLUDED AS TAXABLE INCOME ON HIS FORM W-2, BOX 1 AND 5. STEVEN LOY'S CONTRACT INCLUDES A HOUSING AND RELATED EXPENSES ALLOWANCE OF $35,400 FOR MORTGAGE PAYMENTS, REAL ESTATE TAXES, INSURANCE, MAINTENANCE AND UTILITIES; AN AUTOMOBILE ALLOWANCE OF $6,500 FOR FUEL AND MAINTENANCE; AND THE TAXABLE LEASE VALUE OF A VEHICLE PROVIDED BY THE SCHOOL OF $8,403. TRAVEL FOR COMPANIONS: THE HEAD OF SCHOOL AND HIS SPOUSE SERVE AS AMBASSADORS FOR THE SCHOOL AND FULFILL A KEY ADMINISTRATIVE ROLE IN FUNDRAISING, MARKETING, AND RECRUITMENT OF FACULTY AND STUDENTS. THE HEAD OF SCHOOL'S SPOUSE ALSO SERVES IN THE ROLE OF ATHLETIC COACH AND INSTRUCTOR. TRAVEL RELATED ONLY TO THE RESPONSIBILITIES OF THESE FUNCTIONS IS REIMBURSED IN ACCORDANCE WITH THE SCHOOL'S PROCUREMENT GUIDELINES AND IS NOT REPORTED AS TAXABLE COMPENSATION TO THE HEADMASTER. TRAVEL OUTSIDE OF THIS FUNCTION IS NOT REIMBURSED. |
| PART I, LINE 4B | THE FOLLOWING REPRESENT AMOUNTS CONTRIBUTED TO SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS FOR THE FOLLOWING LISTED INDIVIDUALS: KEVIN MERGES $4,579.17 PATRIA LEROY $2,516.83 STEVEN LOY 16,974.30 PETER RICHARDSON $4,337.72 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| PHILOMENA C LOY | |||
| FAMILY - STEVEN A. LOY | $73,876 | COMPENSATION & BENEFITS | 0 |
| CHRISTOPHER P LOY | |||
| FAMILY - STEVEN A. LOY | $3,429 | COMPENSATION & BENEFITS | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $191,865 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART 1, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. THE ORGANIZATION RECEIVED 12 STOCK CONTRIBUTIONS FROM 4 CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE CONSIST OF THE 4 PRINCIPAL OFFICERS OF THE SCHOOL, TOGETHER WITH THE CHAIRS OF EACH STANDING COMMITTEE. THE EXECUTIVE COMMITTEE HAS THE POWER AND AUTHORITY TO ACT ON BEHALF OF THE BOARD, IN THE ABSENCE OF THE PRESIDENT AND VICE PRESIDENT. ANY ACTIONS OF THE EXECUTIVE COMMITTEE IS PROMPTLY COMMUNICATED TO ALL TRUSTEES BY MAIL OR ELECTRONIC MAIL. |
| FORM 990, PART VI, SECTION A, LINE 4 | THERE WAS A CHANGE IN THE BOARD COMPOSITION PROVISION TO CHANGE THE MAXIMUM NUMBER OF BOARD MEMBERS AS FOLLOWS: THERE IS A MINIMUM OF 15 AND A MAXIMUM 30 TRUSTEES INCLUDING AT LEAST 2 ALUMNI AND 2 CURRENT PARENTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW OF FORM 990 THE FORM 990 IS PREPARED BY THE BUSINESS OFFICE WITH INPUT FROM THE HEAD OF SCHOOL AND OTHER SCHOOL ADMINISTRATORS WITH ASSISTANCE FROM THE SCHOOL'S TAX ACCOUNTANTS. THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH OF THE BOARD MEMBERS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICTS OF INTEREST POLICY A CONFLICT OF INTEREST STATEMENT IS SENT TO EACH BOARD OF TRUSTEE MEMBER AND EACH ADMINISTRATOR EVERY SEPTEMBER FOR SIGNATURE. THE SIGNED CONFLICT OF INTEREST STATEMENTS ARE RETURNED TO THE ASSISTANT TO THE HEAD OF SCHOOL. THE STATEMENTS ARE REVIEWED FOR ANY REPORTED POTENTIAL CONFLICTS. ANY POTENTIAL CONFLICTS ARE REPORTED TO THE PRESIDENT OF THE BOARD AND/OR HEAD OF SCHOOL. IF NECESSARY, THE COMMITTEE ON TRUSTEESHIP AND/OR THE BOARD OF TRUSTEES WOULD PROVIDE GUIDANCE AND TAKE SUCH ACTION AS IT DEEMS APPROPRIATE UNDER THE CIRCUMSTANCES. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION A SIX-MEMBER COMPENSATION COMMITTEE CONSISTING OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES OVERSEES THE ENGAGEMENT OF THE HEAD OF SCHOOL. IT ALSO REVIEWS ANNUAL PERFORMANCE. IN 2020, THIS COMMITTEE NEGOTIATED A LONG-TERM EMPLOYMENT CONTRACT WHICH RUNS THROUGH JUNE 30, 2027 WITH THE HEAD OF SCHOOL. IN THE COURSE OF COMMITTEE AND BOARD DELIBERATIONS, THE SCHOOL LOOKED AT MARKET COMPARABLES AND OTHER OUTSIDE INFORMATION. THE COMPENSATION COMMITTEE MET BY TELEPHONE, EMAIL, VIDEO CONFERENCE, ETC. ON FREQUENT OCCASIONS DURING THE DELIBERATION PERIOD AND IT RETAINED CONTEMPORANEOUS RECORDS. THE SCHOOL ALSO UTILIZED OUTSIDE LEGAL COUNSEL TO FORMALIZE AND FINALIZE THE AGREEMENT. THE CONTRACT WAS APPROVED BY THE BOARD OF TRUSTEES. PART VI, LINE 15B THE HEAD OF SCHOOL FIXES THE COMPENSATION OF THE COO IN ACCORDANCE WITH REGULAR AND CONTINUING COMPENSATION PRACTICES FOR ALL SCHOOL EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | RUTGERS PREPARATORY SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | PLEDGE WRITE OFFS -101,150. BEGINNING OF YEAR NET ASSETS ADJUSTMENT -184,507. |
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