GIRLS PREPARATORY SCHOOL INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GIRLS PREPARATORY SCHOOL INC (EIN 62-0475682)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-05
IRS object ID
202443109349303499
Schema version
2023v5.1
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)
Return2024-11-05T16:00:58-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN570381582PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ELLIOTT DAVIS LLCPLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 EAST MOREHEAD STREET SUITE 700AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN620475682EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GIRLS PREPARATORY SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGIRLBusinessNameControlTxt
Phone4236347600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 ISLAND AVENUEAddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37405ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMR MARK VOSSKAMPPersonNm
Person TitleCFOPersonTitleTxt
Phone4236347600PhoneNum
Signature2024-11-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJANICE A RATICAPreparerPersonNm
PTINP00358837PTIN
Phone7043338881PhoneNum
Preparation2024-11-01PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMR MARK VOSSKAMPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 ISLAND AVENUEAddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37405ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$68,804,043GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GPS.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1906FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionTO OPERATE AN ACCREDITED SECONDARY SCHOOL AND TO PROVIDE QUALITY PRIVATE SCHOOL EDUCATION FOR GIRLS IN GRADES SIX THROUGH TWELVE.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee352TotalEmployeeCnt
Total Volunteers270TotalVolunteersCnt
Total Gross UBI$19,322TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$17,025NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,790,001PYContributionsGrantsAmt
CY Contributions Grants$12,284,962CYContributionsGrantsAmt
PY Program Service Revenue$16,379,217PYProgramServiceRevenueAmt
CY Program Service Revenue$17,832,618CYProgramServiceRevenueAmt
PY Investment Income$5,854,639PYInvestmentIncomeAmt
CY Investment Income$1,048,650CYInvestmentIncomeAmt
PY Other Revenue$433,683PYOtherRevenueAmt
CY Other Revenue$581,798CYOtherRevenueAmt
PY Total Revenue$24,457,540PYTotalRevenueAmt
CY Total Revenue$31,748,028CYTotalRevenueAmt
PY Grants And Similar Paid$3,844,864PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,194,830CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,602,939PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,841,977CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,664,830CYTotalFundraisingExpenseAmt
PY Other Expenses$8,023,077PYOtherExpensesAmt
CY Other Expenses$8,438,485CYOtherExpensesAmt
PY Total Expenses$22,470,880PYTotalExpensesAmt
CY Total Expenses$23,475,292CYTotalExpensesAmt
PY Revenues Less Expenses$1,986,660PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,272,736CYRevenuesLessExpensesAmt
Total Assets BOY$66,448,337TotalAssetsBOYAmt
Total Assets EOY$77,322,650TotalAssetsEOYAmt
Total Liabilities BOY$19,859,492TotalLiabilitiesBOYAmt
Total Liabilities EOY$19,627,356TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$46,588,845NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$57,695,294NetAssetsOrFundBalancesEOYAmt
MissionGIRLS PREPARATORY SCHOOL INSPIRES EACH GIRL TO LEAD A LIFE OF INTEGRITY AND PURPOSE BY ENGAGING HER MIND, CULTIVATING HER STRENGTHS, AND NURTURING HER SELF-CONFIDENCE AND RESPECT FOR OTHERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$17,146,824ExpenseAmt
Grant$4,194,830GrantAmt
Revenue$17,943,450RevenueAmt
DescGIRLS PREPARATORY SCHOOL (GPS) IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL FOR GRADES SIX THROUGH TWELVE WHERE APPROXIMATELY 50%OF STUDENTS RECEIVED FINANCIAL ASSISTANCE. GPS INSPIRES EACH GIRL TO LEAD A LIFE OF INTEGRITY AND PURPOSE BY ENGAGING HER MIND,CULTIVATING HER STRENGHTHS, AND NURTURING HER SELF-CONFIDENCE AND RESPECT FOR OTHERS. IT DOES SO BY FOCUSING ON ITS VALUES OF HONOR, RESPECT, CURIOSITY, INDIVIDUALITY, AND RELATIONSHIPS. IN FISCAL YEAR 2024, GPS GRADUATED 85 STUDENTSDesc
Total Program Service Expenses$17,146,824TotalProgramServiceExpensesAmt
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 SecYes (1)ReportInvestmentsOtherSecInd
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 ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
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 ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document115IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee352EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
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
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 Members25GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
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 OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARK VOSSKAMPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4236347632PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 ISLAND AVENUEAddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37405ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
CAROLINE CAULKINS BENTLEY
TRUSTEE1.00Yes (X)$0$0$0
GLENN BREAZEALE JR
TRUSTEE1.00Yes (X)$0$0$0
JEFF BURNS
TRUSTEE1.00Yes (X)$0$0$0
ELOUISE BUSBY
TRUSTEE1.00Yes (X)$0$0$0
LAUREL CARNEY PHD
TRUSTEE1.00Yes (X)$0$0$0
ALLISON COWAN CARROLL
TRUSTEE1.00Yes (X)$0$0$0
R ALLEN COFFMAN JR
TRUSTEE1.00Yes (X)$0$0$0
AIMEE OWINGS HARVEY
TRUSTEE1.00Yes (X)$0$0$0
JENNIFER KLINE
TRUSTEE1.00Yes (X)$0$0$0
BETH STEELE NEWBOLD
TRUSTEE1.00Yes (X)$0$0$0
ANDREA SAUL NOSBUSCH
TRUSTEE1.00Yes (X)$0$0$0
ASHLEY MOORE PALMER
TRUSTEE1.00Yes (X)$0$0$0
HAMP JOHNSTON JR
TRUSTEE1.00Yes (X)$0$0$0
MARY P TANNER PHD
TRUSTEE1.00Yes (X)$0$0$0
STEPHEN THOMAS
TRUSTEE1.00Yes (X)$0$0$0
KAREN C WELBORN
TRUSTEE1.00Yes (X)$0$0$0
CAROLYN CHANDLER
TRUSTEE1.00Yes (X)$0$0$0
BLAIR BENNINGTON CANNON
TRUSTEE1.00Yes (X)$0$0$0
AUSTIN P WATSON
TRUSTEE1.00Yes (X)$0$0$0
AMY ARROWSMITH
BOARD CHAIR5.00Yes (X)$0$0$0Yes (X)
ASHLEY ROWLAND DAVENPORT
VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
CLAY P WATSON
FORMER BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
JIMMY SCOTCHIE
TREASURER2.00Yes (X)$0$0$0Yes (X)
DORI THORNTON WALLER
SECRETARY/RECORDER2.00Yes (X)$0$0$0Yes (X)
MEGAN COVER
HEAD OF SCHOOL65.00$378,067$0$43,723Yes (X)
MARK VOSSKAMP
CFO/COO48.00$190,046$0$16,129Yes (X)
ALI GANT
CHIEF ADVANCEMENT OFFICER48.00$173,288$0$28,059Yes (X)
BETH WILSON
HEAD OF UPPER SCHOOL48.00$147,804$0$7,018Yes (X)
JAMES WATTS
ATHLETIC DIRECTOR48.00$119,953$0$23,446Yes (X)
ANDREW REICH
DIR OF COLLEGE COUNSELING40.00$109,573$0$11,399Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,118,731TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$129,774TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$5,010FundraisingAmt
All Other Contributions$12,279,952AllOtherContributionsAmt
Total Contributions$12,284,962TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611710$15,616,640$15,616,640
AUXILIARY PROGRAMS611710$1,105,134$1,105,134
OTHER PROGRAM REVENUE611710$923,613$923,613
FEE REVENUE611710$187,231$187,231
FieldValueIRS element (for citing)
Total Program Service Revenue$17,832,618TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$510,548TotalRevenueColumnAmt
Unrelated Business Revenue$19,322UnrelatedBusinessRevenueAmt
Exclusion$491,226ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$114,920RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$114,920RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$114,920TotalRevenueColumnAmt
Exclusion$114,920ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$37,486,224SecuritiesAmt
Other$6,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$36,954,122SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$532,102SecuritiesAmt
Other$6,000OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$538,102TotalRevenueColumnAmt
Exclusion$538,102ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$387,584FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$5,010ContriRptFundraisingEventAmt
Fundraising Direct Expenses$31,538FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$356,046TotalRevenueColumnAmt
Exclusion$356,046ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$129,896GrossSalesOfInventoryAmt
Cost Of Goods Sold$70,355CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,541TotalRevenueColumnAmt
Related Or Exempt Func Income$59,541RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business459900BusinessCd
Total Revenue Column$51,291TotalRevenueColumnAmt
Related Or Exempt Func Income$51,291RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$51,291OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,748,028TotalRevenueColumnAmt
Related Or Exempt Func Income$17,943,450RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$19,322UnrelatedBusinessRevenueAmt
Exclusion$1,500,294ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$4,194,830TotalAmt
Program Services$4,194,830ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,118,732TotalAmt
Program Services$666,010ProgramServicesAmt
Management And General$350,421ManagementAndGeneralAmt
Fundraising$102,301FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,294,235TotalAmt
Program Services$4,460,919ProgramServicesAmt
Management And General$2,192,228ManagementAndGeneralAmt
Fundraising$641,088FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$374,261TotalAmt
Program Services$222,807ProgramServicesAmt
Management And General$117,230ManagementAndGeneralAmt
Fundraising$34,224FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,415,705TotalAmt
Program Services$842,806ProgramServicesAmt
Management And General$443,442ManagementAndGeneralAmt
Fundraising$129,457FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$639,044TotalAmt
Program Services$380,440ProgramServicesAmt
Management And General$200,168ManagementAndGeneralAmt
Fundraising$58,436FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$33,743TotalAmt
Management And General$33,743ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$69,466TotalAmt
Management And General$69,466ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$63,321TotalAmt
Management And General$63,321ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$201,924TotalAmt
Program Services$10,096ProgramServicesAmt
Management And General$95,914ManagementAndGeneralAmt
Fundraising$95,914FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$198,744TotalAmt
Program Services$172,412ProgramServicesAmt
Management And General$18,182ManagementAndGeneralAmt
Fundraising$8,150FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$23,546TotalAmt
Program Services$1,177ProgramServicesAmt
Management And General$17,660ManagementAndGeneralAmt
Fundraising$4,709FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$352,554TotalAmt
Program Services$305,843ProgramServicesAmt
Management And General$32,253ManagementAndGeneralAmt
Fundraising$14,458FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,594,547TotalAmt
Program Services$1,383,282ProgramServicesAmt
Management And General$145,873ManagementAndGeneralAmt
Fundraising$65,392FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
GROUNDS EXPENSE$1,313,612$1,143,231$117,644$52,737
AUXILIARY EXPENSE$904,925$904,925
ATHLETICS$820,166$665,927$154,239
DINING SERVICES$690,701$655,958$24,244$10,499

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,171,236TotalAmt
Program Services$1,136,161ProgramServicesAmt
Management And General$587,610ManagementAndGeneralAmt
Fundraising$447,465FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,475,292TotalAmt
Program Services$17,146,824ProgramServicesAmt
Management And General$4,663,638ManagementAndGeneralAmt
Fundraising$1,664,830FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,999,411BOYAmt
EOY$3,877,797EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$235,768BOYAmt
EOY$5,225,966EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$488,734BOYAmt
EOY$528,326EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$148,853BOYAmt
EOY$150,196EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$380,540BOYAmt
EOY$376,669EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$59,278,251LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$28,711,859LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$30,295,866BOYAmt
EOY$30,566,392EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$28,288,481BOYAmt
EOY$35,837,542EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$610,684BOYAmt
EOY$759,762EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$66,448,337BOYAmt
EOY$77,322,650EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,828,001BOYAmt
EOY$3,671,935EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,923,998BOYAmt
EOY$1,939,620EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,403,594BOYAmt
EOY$12,414,260EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,564,510BOYAmt
EOY$1,411,234EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$139,389BOYAmt
EOY$190,307EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,859,492BOYAmt
EOY$19,627,356EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,156,332BOYAmt
EOY$29,165,911EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,432,513BOYAmt
EOY$28,529,383EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$46,588,845BOYAmt
EOY$57,695,294EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$66,448,337BOYAmt
EOY$77,322,650EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$8,272,736ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,833,713NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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$18,330,811BeginningYearBalanceAmt
Contributions$466,437ContributionsAmt
Investment Earnings Or Losses$2,345,022InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,306,969GrantsOrScholarshipsAmt
End Year Balance$19,835,301EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,085,433BeginningYearBalanceAmt
Contributions$149,062ContributionsAmt
Investment Earnings Or Losses$1,357,300InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,260,984GrantsOrScholarshipsAmt
End Year Balance$18,330,811EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,667,930BeginningYearBalanceAmt
Contributions$748,298ContributionsAmt
Investment Earnings Or Losses-$3,786,031InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,544,764GrantsOrScholarshipsAmt
End Year Balance$20,085,433EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,251,989BeginningYearBalanceAmt
Contributions$6,050,494ContributionsAmt
Investment Earnings Or Losses$5,549,551InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,184,103GrantsOrScholarshipsAmt
End Year Balance$25,667,931EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,464,071BeginningYearBalanceAmt
Contributions$494,163ContributionsAmt
Investment Earnings Or Losses$28,620InvestmentEarningsOrLossesAmt
Grants Or Scholarships$734,865GrantsOrScholarshipsAmt
End Year Balance$15,251,989EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.08603BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.91397PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,529,778OtherCostOrOtherBasisAmt
Book Value$1,529,778BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,425,113OtherCostOrOtherBasisAmt
Depreciation$22,584,830DepreciationAmt
Book Value$22,840,283BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,054,881OtherCostOrOtherBasisAmt
Depreciation$524,474DepreciationAmt
Book Value$530,407BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,872,185OtherCostOrOtherBasisAmt
Depreciation$2,422,393DepreciationAmt
Book Value$2,449,792BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,396,294OtherCostOrOtherBasisAmt
Depreciation$3,180,162DepreciationAmt
Book Value$3,216,132BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$30,566,392TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MULTI-STRATEGY HEDGE$282,290F
PRIVATE EQUITY FUNDS$1,832,469F
REAL ESTATE ASSETS$1,045,874F
FIXED INCOME$30F
INTERNATIONAL EQUITY$4,142,676F
GLOBAL HEDGE$3,368,332F
INDEX FUNDS$19,734,171F
CASH AND EQUIVALENTS$5,431,700F
FieldValueIRS element (for citing)
Total Book Value Securities$35,837,542TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFINANCE LEASE LIABILITYDesc
Amt$190,307Amt
FieldValueIRS element (for citing)
Total Liability$190,307TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$30,419,338TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,833,713NetUnrealizedGainsInvstAmt
Other Revenue$101,893OtherRevenueAmt
Revenue Not Reported$2,935,606RevenueNotReportedAmt
Revenue Subtotal$27,483,732RevenueSubtotalAmt
Investment Expenses Not Incld$69,466InvestmentExpensesNotIncldAmt
Other Revenues Not Included$4,194,830OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$4,264,296RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$31,748,028TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$19,312,889TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$101,893OtherExpensesIncludedAmt
Expenses Not Reported$101,893ExpensesNotReportedAmt
Expenses Subtotal$19,210,996ExpensesSubtotalAmt
Investment Expenses Not Incld2$69,466InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$4,194,830OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$4,264,296ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,475,292TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE SCHOOL'S ENDOWMENT FUNDS ARE TO BE USED TO SUPPLEMENT THE ANNUAL OPERATING BUDGET OF THE SCHOOL, FOR USE IN FINANCIAL AID AWARDS AND DEBT SERVICE. WHERE EXPLICIT DONOR STIPULATIONS ARE IN PLACE FOR PERMANENTLY RESTRICTED ENDOWED FUNDS, THOSE MONIES WILL BE ALLOCATED TO THE AREAS SPECIFICALLY IDENTIFIED BY THE DONOR.
PART X, LINE 2:THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND RELEVANT STATE REGULATIONS. ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THE SCHOOL'S EXEMPT PURPOSE. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESS, IF ANY. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGETS AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAX AUTHORITY. AS OF JUNE 30, 2024 AND 2023 THE SCHOOL HAS NOT RECOGNIZED LIABILITIES FOR UNCERTAIN TAX POSITIONS OR ASSOCIATED INTEREST AND PENALTIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD NET WITH REVENUE 70,355. FUNDRAISING EXPENSE NET WITH REVENUE 31,538.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID REPORTED AS AN EXPENSE ON 990 4,194,830.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD NET WITH REVENUE 70,355. FUNDRAISING EXPENSE NET WITH REVENUE 31,538.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID REPORTED AS AN EXPENSE ON 990 4,194,830.

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 ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS MARKETING MATERIALS.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$4,500,000RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$4,500,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$4,500,000TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AUCTIONEvent1Nm
Gross Receipts Event1$392,594GrossReceiptsEvent1Amt
Charitable Contri Event1$5,010CharitableContriEvent1Amt
Gross Revenue Event1$387,584GrossRevenueEvent1Amt
Other Direct Expenses Event1$31,538OtherDirectExpensesEvent1Amt
Gross Receipts Total$392,594GrossReceiptsTotalAmt
Charitable Contributions Tot$5,010CharitableContributionsTotAmt
Gross Revenue Total Events$387,584GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$31,538OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$31,538DirectExpenseSummaryEventsAmt
Net Income Summary$356,046NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceDesc
MERIT SCHOLARSHIPS25$89,500TUITION CREDIT
NEED-BASED FINANCIAL AID246$4,105,330TUITION CREDIT

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL GRANTS OFFERED BY THE SCHOOL ARE APPLIED AS OFFSETS TO TUITION AND FEES AND THERBY SATISFY ALL REQUIREMENTS TO BE USED FOR PROPER PURPOSESExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Discretionary Spending AcctYes (X)DiscretionarySpendingAcctInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MEGAN COVER
HEAD OF SCHOOL$365,479$0$10,000$0$2,588$0$7,160$0$36,563$0$421,790$0$0$0
MARK VOSSKAMP
CFO/COO$190,046$0$0$0$0$0$3,726$0$12,403$0$206,175$0$0$0
ALI GANT
CHIEF ADVANCEMENT OFFICER$173,288$0$0$0$0$0$3,571$0$24,488$0$201,347$0$0$0
BETH WILSON
HEAD OF UPPER SCHOOL$147,804$0$0$0$0$0$2,898$0$4,120$0$154,822$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationAS PART OF THE HEAD OF SCHOOL'S CONDITIONS OF EMPLOYMENT, SHE IS REQUIRED TO LIVE ON CAMPUS IN A RESIDENCE PROVIDED BY THE SCHOOL. THE SCHOOL ALSO PROVIDES CERTAIN PERSONAL SERVICES FOR THE CARE AND MAINTENANCE OF THE RESIDENCE, SUCH AS CLEANING, LANDSCAPING, ETC. FURTHER, CERTAIN ADMINISTRATORS HAVE DISCRETIONARY SPENDING ACCOUNTS WHICH ARE USED ONLY FOR SCHOOL-RELATED EXPENDITURES. EXPENSES ARE REVIEWED AND APPROVED AT THE TRANSACTION LEVEL BY THE CFO, COO AND/OR ANOTHER REPRESENTATIVE AND ARE REVIEWED AS PART OF THE MONTHLY BUDGET REVIEW PROCESS. EXPENDITURES FROM THESE ACCOUNTS FOLLOW THE SAME PROCESS AND ARE SUBJECT TO THE SAME CONTROLS AS ALL OTHER EXPENDITURES OF THE SCHOOL. RECEIPTS MUST BE SUBMITTED AND APPROVED BY THE COO OR CFO AND THE EXPENDITURE AND CORRESPONDING ACCOUNTING ARE REVIEWED BY CONTROLLER PRIOR TO POSTING TO THE GENERAL LEDGER. THE ACCOUNT AS A WHOLE IS REVIEWED REGULARLY.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF CHATTANOOGA
A521298872NONEAVAIL2015-08-06$10,000,000CONSTRUCTION OF SCHOOL BUILDING000
HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF CHATTANOOGA
B521298872NONEAVAIL2015-08-24$5,000,000CONSTRUCTION OF SCHOOL BUILDING000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$10,000,000$55,938$9,944,062200800Yes (1)Yes (1)
B$5,000,000$55,938$4,944,062200800Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AYes (1)00000
BYes (1)00000

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$77,700NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution16ContributionCnt
Noncash Contributions Rpt F990$131,084NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescONLINE AUCTION PROPERTY AND EQUIPMENTDesc
Contribution355ContributionCnt
Noncash Contributions Rpt F990$103,976NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE AUDIT, INSURANCE, COMPLIANCE, COMMITTEE REVIEWS AND APPROVES THE FULL 990 PRIOR TO FILING. A COMPLETE COPY OF THE 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF TRUSTEES REQUIRES A CONFLICT OF INTEREST FORM TO BE COMPLETED BY ALL TRUSTEES ON AN ANNUAL BASIS. IN THE EVENT OF A CONFLICT, THE COMMITTEE WILL CONSIDER THE NATURE OF THE CONFLICT, AND IF WARRANTED, THE INDIVIDUAL IS ASKED TO RECUSE HIM/HERSELF FROM DISCUSSION AND VOTING. ALTERNATIVELY, THE BOARD OR COMMITTEE CHAIR MAY BE ASKED TO EVALUATE APPROPRIATENESS AND MANDATE CHANGE/DISCONTINUATION OF RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE OF THE BOARD DOES A TRIENNIAL REVIEW OF THE EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL. (THE HEAD OF SCHOOL IS ON A THREE-YEAR AGREEMENT.) EACH CONTRACT INCLUDES ANNUAL PAY ADJUSTMENTS FOR THE TERM OF THE CONTRACT AND AGREED-UPON MEASURES OF PERFORMANCE. DATA EVALUATED COME FROM INDEX, NAIS AND 990 TAX FILINGS OF COMPARABLE SCHOOLS. REVIEW INCLUDES AN EVALUATION OF THE COMPENSATION AT VARIOUS SIMILAR INSTITUTIONS (IN-MARKET COMPARABLES AND OUT-OF-MARKET COMPS ADJUSTED FOR MARKET DYNAMICS), MULTI-YEAR TRENDS IN THE INDUSTRY AND CONSIDERATION OF PERFORMANCE EVALUATION AND WORK EXPERIENCE. FINAL AGREEMENT IS DETERMINED BY TRUSTEES. ALL OTHER EMPLOYEE CONTRACTS, INCLUDING TOP MANAGERS, ARE EVALUATED ON AN ANNUAL BASIS BY THE HEAD OF SCHOOL WITH CONSULTATION OF HR AND CFO. INITIAL COMPENSATION FOR TOP MANAGEMENT IS BASED ON REVIEW OF COMPARABLE COMPENSATION AND IN-MARKET AND OUT-OF-MARKET COMPARABLE SCHOOLS, WHICH PROVIDE A REASONABLE RANGE OF VALUES FOR A POSITION. WITHIN THIS RANGE, CONSIDERATION OF EXPERIENCE AND UNIQUE FACTORS (OF THE POSITION AND/OR OF THE CANDIDATE) ARE CONSIDERED IN NEGOTIATION WITH A CANDIDATE UPON HIRE. ON AN ANNUAL BASIS, BUDGET AVAILABILITY FOR ALL SALARY INCREASES IS A FIRST CONSIDERATION FOR ALL EMPLOYEES. BASED ON BUDGETED FUNDS AVAILABLE, DISTRIBUTION AMONG INDIVIDUAL EMPLOYEES IS DETERMINED BY SALARY SCALES, EXPERIENCE, PERFORMANCE, AND HEAD OF SCHOOL DISCRETION. ALL DECISIONS CONCERNING COMPENSATION ARE DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE HEAD OF SCHOOL.
PART XII, LINE 2CPROCESS HAS NOT CHANGED.

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