2025-05-07T13:16:48-05:00 2024-06-30 471352305 O'CONNELL & COMPANY LLC 240 GIBRALTAR ROAD SUITE 260 HORSHAM PA 19044 990 2023-07-01 222790041 PRINCETON FRIENDS SCHOOL PRIN 6096831194 470 QUAKER ROAD PRINCETON NJ 08540 ALISON SOMMERS SAYRE ASSISTANT CLERK 6096831194 2025-05-06 1 0 ROBERT J MCNAMEE CPA P01428150 2158874425 2025-05-07 2023 2025-03-06 01:10:19Z ALISON SOMMERS SAYRE 4462456 0 X HTTPS://WWW.PRINCETONFRIENDSSCHOOL.ORG X 1986 NJ TO CREATE A DIVERSE, VIBRANT LEARNING COMMUNITY FOR YOUNG PEOPLE USING QUAKER VALUES. 12 12 73 50 0 0 103887 694802 4176827 3576800 187912 173649 1385 17205 4470011 4462456 1319453 1311635 0 0 2763366 2532228 0 0 46212 1170568 1081357 5253387 4925220 -783376 -462764 9508094 9169403 1018430 872594 8489664 8296809 DRAWING 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) 0 0 4257792 1311635 3576800 SCHOOL: 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. 4257792 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 18 0 73 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 6096381194 470 QUAKER ROAD PRINCETON NJ 08540 CAROL BEATON BOARD MEMBER 1.00 X 0 0 0 JANINE CHUPA BOARD MEMBER 1.00 X 0 0 0 ANDREA LEHMAN BOARD MEMBER 1.00 X 0 0 0 GAB CARBONE BOARD MEMBER 1.00 X 0 0 0 NAJIR JEEVANJEE BOARD MEMBER 1.00 X 0 0 0 DENA HOFFMAN BOARD MEMBER 1.00 X 0 0 0 ALISON SOMMERS-SAYRE CLERK 1.00 X 0 0 0 CYNTHIA VANDENBERG BOARD MEMBER 1.00 X 0 0 0 MARCIA WILLSIE BOARD MEMBER 1.00 X 0 0 0 DAVID KOSSOFF BOARD MEMBER 1.00 X X 0 0 0 FANTA WEEKES BOARD MEMBER 1.00 X 0 0 0 ANGELA OBREGON BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 1 0 0 0 546510 148292 694802 TUITION 611600 2789881 2789881 SUMMER PROGRAM 611710 747203 747203 PARENT ORGANIZATION 611110 39716 39716 3576800 173649 173649 MISCELLANEOUS 900099 17205 17205 17205 4462456 3750449 0 17205 1311635 1311635 211982 182304 25438 4240 1901698 1644729 230793 26176 47941 23906 24035 370607 347719 18101 4787 16165 16165 11539 11539 68896 68896 26295 26295 2825 2825 247848 152103 89445 6300 94190 75352 14129 4709 65372 65372 210741 179130 31611 54202 46072 8130 REPAIRS AND MAINTENANCE 143057 121598 21459 UTILITIES 49215 41832 7383 SUMMER CAMP TRANSPORTAT 47026 47026 PROFESSIONAL DEVELOPMEN 25553 12786 12767 18433 3403 15030 4925220 4257792 621216 46212 85984 97218 6043 552652 60527 51852 7862101 3392743 4648690 4469358 4705230 3996703 1620 1620 9508094 9169403 382822 266797 614765 593640 20843 12157 1018430 872594 X 3768299 3511322 4721365 4785487 8489664 8296809 9508094 9169403 -462764 269909 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4651864 438047 395749 4694162 4477883 413981 240000 4651864 5710840 -737041 495916 4477883 4685778 1000 1300831 276769 5710840 4420717 144059 121002 0 4685778 1.00000 0 0 200 200 6834600 2731012 4103588 425670 594452 661731 358391 7179 7179 4469358 LEASE PAYABLE 12157 12157 X 3420730 269909 -1311635 -1041726 4462456 0 4462456 3613585 0 3613585 1311635 1311635 4925220 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 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCH E - ADDITIONAL INFORMATION EXPLANATION 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. 0 FINANCIAL AID - TUITION 64 1311635 BOOK FINANCIAL AID SUPPLEMENTAL EXPLANATION PART 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 FUNDS X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED FORM 990, PART VI, SECTION B, LINE 12C THE 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 15A THE 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 19 PRINCETON 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. PRINCETON MONTHLY MEETING OF THE RE 470 QUAKER ROAD PRINCETON NJ 08540 210738425 CHURCH/PLA NJ 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 PRINCETON MONTHLY MEETING N SUPPLEMENTAL INFORMATION SCHEDULE 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.