PRINCETON FRIENDS SCHOOL: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PRINCETON FRIENDS SCHOOL (EIN 22-2790041)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-07
IRS object ID
202501279349302975
Schema version
2023v6.0
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

FieldValueIRS element (for citing)
Return2025-05-07T13:16:48-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471352305PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1O'CONNELL & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1240 GIBRALTAR ROAD SUITE 260AddressLine1Txt
CityHORSHAMCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19044ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222790041EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON FRIENDS SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRINBusinessNameControlTxt
Phone6096831194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALISON SOMMERS SAYREPersonNm
Person TitleASSISTANT CLERKPersonTitleTxt
Phone6096831194PhoneNum
Signature2025-05-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J MCNAMEE CPAPreparerPersonNm
PTINP01428150PTIN
Phone2158874425PhoneNum
Preparation2025-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALISON SOMMERS SAYREPrincipalOfficerNm
Gross Receipts$4,462,456GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.PRINCETONFRIENDSSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO CREATE A DIVERSE, VIBRANT LEARNING COMMUNITY FOR YOUNG PEOPLE USING QUAKER VALUES.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee73TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$103,887PYContributionsGrantsAmt
CY Contributions Grants$694,802CYContributionsGrantsAmt
PY Program Service Revenue$4,176,827PYProgramServiceRevenueAmt
CY Program Service Revenue$3,576,800CYProgramServiceRevenueAmt
PY Investment Income$187,912PYInvestmentIncomeAmt
CY Investment Income$173,649CYInvestmentIncomeAmt
PY Other Revenue$1,385PYOtherRevenueAmt
CY Other Revenue$17,205CYOtherRevenueAmt
PY Total Revenue$4,470,011PYTotalRevenueAmt
CY Total Revenue$4,462,456CYTotalRevenueAmt
PY Grants And Similar Paid$1,319,453PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,311,635CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,763,366PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,532,228CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$46,212CYTotalFundraisingExpenseAmt
PY Other Expenses$1,170,568PYOtherExpensesAmt
CY Other Expenses$1,081,357CYOtherExpensesAmt
PY Total Expenses$5,253,387PYTotalExpensesAmt
CY Total Expenses$4,925,220CYTotalExpensesAmt
PY Revenues Less Expenses-$783,376PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$462,764CYRevenuesLessExpensesAmt
Total Assets BOY$9,508,094TotalAssetsBOYAmt
Total Assets EOY$9,169,403TotalAssetsEOYAmt
Total Liabilities BOY$1,018,430TotalLiabilitiesBOYAmt
Total Liabilities EOY$872,594TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,489,664NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,296,809NetAssetsOrFundBalancesEOYAmt
MissionDRAWING ON A RICH TRADITION OF QUAKER VALUES AND PRACTICES, PRINCETON FRIENDS SCHOOL IS COMMITTED TO CREATING A DICERSE, VIBRANT LEARNING COMMUNITY IN WHICH YOUNG PEOPLE ENGAGE THEIR NATURAL CURIOSITY; DISCOVER AND EXPRESS THEIR INDIVIDUAL VOICES AND GIFTS;(SEE SCH. O)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,257,792ExpenseAmt
Grant$1,311,635GrantAmt
Revenue$3,576,800RevenueAmt
DescSCHOOL: THE PROGRAM ACTIVITY PROVIDED IS TO OPERATE AND MAINTAIN A SCHOOL IN THE PRINCETON, NEW JERSEY AREA BASED ON THE TRADITION OF QUAKER VALUES AND PRACTICE. THE SCHOOL HAS APPROXIMATELY 115 STUDENTS IN PRE-K THROUGH 8TH GRADE. THE SCHOOL OFFERS A NON-COMPETITIVE INTERDISCIPLINARY CURRICULUM THAT FOSTERS INTELLECTUAL LIVELINESS, DEVELOPS ACADEMIC SKILLS, EMPHASIZES DIRECT EXPERIENCE OF SUBJECT MATTER, AND RESPONDS TO THE INDIVIDUAL LEARNING STYLES, DEVELOPMENT NEEDS, AND PERSONAL INTERESTS OF STUDENTS.Desc
Total Program Service Expenses$4,257,792TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee73EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6096381194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
CAROL BEATON
BOARD MEMBER1.00Yes (X)$0$0$0
JANINE CHUPA
BOARD MEMBER1.00Yes (X)$0$0$0
ANDREA LEHMAN
BOARD MEMBER1.00Yes (X)$0$0$0
GAB CARBONE
BOARD MEMBER1.00Yes (X)$0$0$0
NAJIR JEEVANJEE
BOARD MEMBER1.00Yes (X)$0$0$0
DENA HOFFMAN
BOARD MEMBER1.00Yes (X)$0$0$0
ALISON SOMMERS-SAYRE
CLERK1.00Yes (X)$0$0$0
CYNTHIA VANDENBERG
BOARD MEMBER1.00Yes (X)$0$0$0
MARCIA WILLSIE
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID KOSSOFF
BOARD MEMBER1.00Yes (X)$0$0$0Yes (X)
FANTA WEEKES
BOARD MEMBER1.00Yes (X)$0$0$0
ANGELA OBREGON
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$546,510GovernmentGrantsAmt
All Other Contributions$148,292AllOtherContributionsAmt
Total Contributions$694,802TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611600$2,789,881$2,789,881
SUMMER PROGRAM611710$747,203$747,203
PARENT ORGANIZATION611110$39,716$39,716
FieldValueIRS element (for citing)
Total Program Service Revenue$3,576,800TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$173,649TotalRevenueColumnAmt
Related Or Exempt Func Income$173,649RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$17,205TotalRevenueColumnAmt
Exclusion$17,205ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$17,205OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,462,456TotalRevenueColumnAmt
Related Or Exempt Func Income$3,750,449RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$17,205ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,311,635TotalAmt
Program Services$1,311,635ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$211,982TotalAmt
Program Services$182,304ProgramServicesAmt
Management And General$25,438ManagementAndGeneralAmt
Fundraising$4,240FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,901,698TotalAmt
Program Services$1,644,729ProgramServicesAmt
Management And General$230,793ManagementAndGeneralAmt
Fundraising$26,176FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$47,941TotalAmt
Program Services$23,906ProgramServicesAmt
Management And General$24,035ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$370,607TotalAmt
Program Services$347,719ProgramServicesAmt
Management And General$18,101ManagementAndGeneralAmt
Fundraising$4,787FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$16,165TotalAmt
Management And General$16,165ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,539TotalAmt
Management And General$11,539ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$68,896TotalAmt
Management And General$68,896ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$26,295TotalAmt
Management And General$26,295ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,825TotalAmt
Program Services$2,825ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$247,848TotalAmt
Program Services$152,103ProgramServicesAmt
Management And General$89,445ManagementAndGeneralAmt
Fundraising$6,300FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$94,190TotalAmt
Program Services$75,352ProgramServicesAmt
Management And General$14,129ManagementAndGeneralAmt
Fundraising$4,709FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$65,372TotalAmt
Program Services$65,372ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$210,741TotalAmt
Program Services$179,130ProgramServicesAmt
Management And General$31,611ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$54,202TotalAmt
Program Services$46,072ProgramServicesAmt
Management And General$8,130ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE$143,057$121,598$21,459
UTILITIES$49,215$41,832$7,383
SUMMER CAMP TRANSPORTAT$47,026$47,026
PROFESSIONAL DEVELOPMEN$25,553$12,786$12,767

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$18,433TotalAmt
Program Services$3,403ProgramServicesAmt
Management And General$15,030ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,925,220TotalAmt
Program Services$4,257,792ProgramServicesAmt
Management And General$621,216ManagementAndGeneralAmt
Fundraising$46,212FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$85,984BOYAmt
EOY$97,218EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,043BOYAmt
EOY$552,652EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$60,527BOYAmt
EOY$51,852EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,862,101LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,392,743LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,648,690BOYAmt
EOY$4,469,358EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,705,230BOYAmt
EOY$3,996,703EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,620BOYAmt
EOY$1,620EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,508,094BOYAmt
EOY$9,169,403EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$382,822BOYAmt
EOY$266,797EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$614,765BOYAmt
EOY$593,640EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,843BOYAmt
EOY$12,157EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,018,430BOYAmt
EOY$872,594EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,768,299BOYAmt
EOY$3,511,322EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,721,365BOYAmt
EOY$4,785,487EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,489,664BOYAmt
EOY$8,296,809EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,508,094BOYAmt
EOY$9,169,403EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$462,764ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$269,909NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,651,864BeginningYearBalanceAmt
Investment Earnings Or Losses$438,047InvestmentEarningsOrLossesAmt
Administrative Expenses$395,749AdministrativeExpensesAmt
End Year Balance$4,694,162EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,477,883BeginningYearBalanceAmt
Investment Earnings Or Losses$413,981InvestmentEarningsOrLossesAmt
Administrative Expenses$240,000AdministrativeExpensesAmt
End Year Balance$4,651,864EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,710,840BeginningYearBalanceAmt
Investment Earnings Or Losses-$737,041InvestmentEarningsOrLossesAmt
Administrative Expenses$495,916AdministrativeExpensesAmt
End Year Balance$4,477,883EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,685,778BeginningYearBalanceAmt
Contributions$1,000ContributionsAmt
Investment Earnings Or Losses$1,300,831InvestmentEarningsOrLossesAmt
Administrative Expenses$276,769AdministrativeExpensesAmt
End Year Balance$5,710,840EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,420,717BeginningYearBalanceAmt
Contributions$144,059ContributionsAmt
Investment Earnings Or Losses$121,002InvestmentEarningsOrLossesAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$4,685,778EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$200OtherCostOrOtherBasisAmt
Book Value$200BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,834,600OtherCostOrOtherBasisAmt
Depreciation$2,731,012DepreciationAmt
Book Value$4,103,588BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$425,670InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$594,452OtherCostOrOtherBasisAmt
Depreciation$661,731DepreciationAmt
Book Value$358,391BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,179OtherCostOrOtherBasisAmt
Book Value$7,179BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,469,358TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE PAYABLEDesc
Amt$12,157Amt
FieldValueIRS element (for citing)
Total Liability$12,157TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,420,730TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$269,909NetUnrealizedGainsInvstAmt
Other Revenue-$1,311,635OtherRevenueAmt
Revenue Not Reported-$1,041,726RevenueNotReportedAmt
Revenue Subtotal$4,462,456RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,462,456TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,613,585TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,613,585ExpensesSubtotalAmt
Other Expenses Not Included$1,311,635OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,311,635ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,925,220TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE SCHOOL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:TUITION AID
PART XII, LINE 4B - OTHER ADJUSTMENTS:TUITION AID

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH E - ADDITIONAL INFORMATIONFormAndLineReferenceDesc
ExplanationEXPLANATION OF NONDISCRIMINATION POLICY: NEWS RELEASES AND DISPLAY ADS IN THE LOCAL PAPERS ALWAYS INCLUDE A RACIAL NON-DISCRIMINATION POLICY STATEMENT. THE ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOL (ADVIS) PUBLISHES AN ANNUAL NON-DISCRIMINATION POLICY IN THE PRINCETON PACKET, HOPEWELL VALLEY NEWS, THE CRANBURY PRESS, HILLSBOROUGH BEACON, THE MANVILLE NEWS, REGISTERED NEWS, THE BEACON, THE WINDSOR HEIGHTS HERALD, LAWRENCE LEDGER, SOUTH BRUNSWICK POST, TIME OFF, AND TEMPO-MERCER. THE SCHOOL WELCOMES DIVERSITY AS PART OF ITS PHILOSOPHY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AID - TUITIONGrantTypeTxt
Recipient64RecipientCnt
Non Cash Assistance$1,311,635NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceFINANCIAL AIDNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSUPPLEMENTAL EXPLANATIONFormAndLineReferenceDesc
ExplanationPART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS TUITION ASSISTANCE IS ONLY ROVIDED TO STUDENTS OF PRINCETON FRIENDS SCHOOL AND IS APPLIED DIRECTLY TO THE STUDENT'S TUITIOS COSTS. NO FUNDS ARE RELEASED TO RECIPIENTS AND AS SUCH TEH SCHOOL IS ABLE TO ENSURE PROPER USE OF THE FUNDSExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGINIZATION MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BYREQUIRING EACH TRUSTEE AND SENIOR ADMINISTRATOR TO SIGN AN ANNUALSTATEMENT DISCLOSING ANY CONFLICT OF INTEREST. THE HEAD OF SCHOOL REVIEWSANY POTENTIAL CONFLICTS. IF ANY CONFLICTS WOULD ARISE, THE DELIBERATION ANDFINAL DECISION WOULD BE TIMELY DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION B, LINE 15ATHE HEAD OF SCHOOL'S SALARY IS REVIEWED ANNUALLY BY THE PERSONNELCOMMITTEE. THIS PROCESS INCLUDES THE REVIEW OF SALARY DATA RESULTS COMPILEDANNUALLY BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) THROUGHIT'S STATS ONLINE ANNUAL STATISTICAL DATA SURVEY. COMPARATIVE COMPENSATIONREPORTS ARE REVIEWED TO BENCHMARK GROUPS, INCLUDING WHEN AVAILABLE NEWJERSEY ASSOCIATION OF INDEPENDENT SCHOOLS (NJAIS), FRIENDS CONCIL ONEDUCATION (FCOE), AND ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS(ADVIS). THIS IS DONE ANNUALLY. THE DELIBERATION AND FINAL DECISION ARETIMELY DOCUMENTED IN THE COMMITTEE MINUTES.
FORM 990, PART VI, SECTION C, LINE 19PRINCETON FRIENDS SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTS POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO TE PUBLIC UPON REQUEST. IN ADDITION, THE GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO PUBLIC VIA VARIOUS SCHOOL PUBLICATIONS INCLUDING THE STUDENT & PARENT HANDBOOK, PERSONNEL MANUAL, AND HEAD OF SCHOOL'S ANNUAL REPORT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON MONTHLY MEETING OF THE REBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd
FieldValueIRS element (for citing)
EIN210738425EIN
Primary ActivitiesCHURCH/PLAPrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 1PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON MONTHLY MEETINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeNTransactionTypeTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSUPPLEMENTAL INFORMATIONFormAndLineReferenceDesc
ExplanationSCHEDULE R - ADDITIONAL INFORMATION THERE IS A VERBAL LEASE AGREEMENT BETWEEN THE MEETING AND THE SCHOOL FOR USE OF THE MEETING'S BUILDINGS AND GROUNDS THAT IS RENEWED ANNUALLY. THE SCHOOL IS RESPONSIBLE FOR ITS SHARE OF THE MAINTENANCE AND CARE OF THE BUILDINGS AND GROUNDS. THE SCHOOL AND MEETING BELIEVE THE ASSUMPTION OF THE MAINTENANCE AND CARE OF THE BUILDINGS AND GROUNDS IS EQUIVALENT TO THE FAIR RENTAL MARKET VALUE OF THE PROPERTY MADE AVAILABLE TO THE SCHOOL.ExplanationTxt

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