MARET SCHOOL INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MARET SCHOOL INC (EIN 53-0211355)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-04-18
- IRS object ID
- 202311089349300731
- Schema version
- 2021v4.2
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-04-18T08:29:26-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 WISCONSIN AVENUE SUITE 400E | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 530211355 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARET SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARE | BusinessNameControlTxt |
| Phone | 2029398800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 CATHEDRAL AVENUE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200083407 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIS HOLLOWAY III | PersonNm |
| Person Title | ASST HEAD OF SCHOOL, FIN & OPS | PersonTitleTxt |
| Phone | 2029398800 | PhoneNum |
| Signature | 2023-04-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIS | PersonFirstNm |
| Person Last | HOLLOWAY III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA KIELCZEWSKI | PreparerPersonNm |
| PTIN | P00740769 | PTIN |
| Phone | 3016529100 | PhoneNum |
| Preparation | 2023-04-17 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARJO TALBOTT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 CATHEDRAL AVENUE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200083407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $45,518,427 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MARET.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | MARET IS A VIBRANT K-12, CO-EDUCATIONAL, INDEPENDENT SCHOOL IN WASHINGTON, DC. WE IGNITE OUR STUDENTS' POTENTIAL AND FOSTER THEIR ACADEMIC, ARTISTIC, AND ATHLETIC TALENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 167 | TotalEmployeeCnt |
| Total Volunteers | 400 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,851,549 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,319,557 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,795,493 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $28,074,195 | CYProgramServiceRevenueAmt |
| PY Investment Income | $925,907 | PYInvestmentIncomeAmt |
| CY Investment Income | $864,273 | CYInvestmentIncomeAmt |
| PY Other Revenue | $299,426 | PYOtherRevenueAmt |
| CY Other Revenue | $427,566 | CYOtherRevenueAmt |
| PY Total Revenue | $32,872,375 | PYTotalRevenueAmt |
| CY Total Revenue | $40,685,591 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,094,464 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,146,749 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,265,362 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,323,719 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $876,984 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,385,063 | PYOtherExpensesAmt |
| CY Other Expenses | $10,048,013 | CYOtherExpensesAmt |
| PY Total Expenses | $31,744,889 | PYTotalExpensesAmt |
| CY Total Expenses | $33,518,481 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,127,486 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,167,110 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $98,243,426 | TotalAssetsBOYAmt |
| Total Assets EOY | $97,996,233 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $26,317,068 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,608,164 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $71,926,358 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $72,388,069 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $26,592,183 | ExpenseAmt |
| Grant | $5,146,749 | GrantAmt |
| Revenue | $28,074,195 | RevenueAmt |
| Desc | PROVIDE EDUCATION TO APPROXIMATELY 650 STUDENTS, FROM KINDERGARTEN THROUGH GRADE TWELVE. | Desc |
| Total Program Service Expenses | $26,592,183 | 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 | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | 0 | 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 |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 201 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 167 | 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 | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | Yes (1) | 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | 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 | WILLIS HOLLOWAY III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2029398800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 CATHEDRAL AVE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20008 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| AAKASH THAKKAR | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN ADLER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEXIS SANT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BETH WILKINSON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| COLIN STRETCH | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL HARTMAN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID BURTON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID HALL | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| IAN CAMERON | ||||||||
| PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| LARRY SIEGEL | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LEIGH COMAS | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MAI ABDO | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARC LAMPKIN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL KIRSHBAUM | ||||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| RACHEL MOORE WELLER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD BYNUM | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICK JUNEJA | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHERLONDA GOODE-JONES | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE FARINA | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SUE BOSLAND | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SUZANNE GEORGE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SYLVIA WHITE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TRICIA PRIMROSE WALLACE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| VADIM NIKITINE | ||||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| VICTORIA WASSMER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY JOSEPHINE TALBOTT | ||||||||
| HEAD OF SCHOOL | 50.00 | $572,328 | $0 | $117,730 | Yes (X) | |||
| WILLIS HOLLOWAY III | ||||||||
| ASST HEAD OF SCHOOL, FIN & OPERATIONS | 50.00 | $253,750 | $0 | $58,037 | Yes (X) | |||
| SALLY DUNKELBERGER | ||||||||
| DIRECTOR OF DEVELOPMENT | 50.00 | $232,323 | $0 | $37,468 | Yes (X) | |||
| ANNIE FARQUHAR | ||||||||
| DIRECTOR OF ADMISSIONS | 50.00 | $178,207 | $0 | $33,139 | Yes (X) | |||
| LYNN LEVINSON | ||||||||
| ASST HEAD: STUDENT LIFE | 50.00 | $172,550 | $0 | $31,117 | Yes (X) | |||
| MARIA LOPEZ | ||||||||
| ASSIST. HEAD: ACADEMIC AFFAIRS | 50.00 | $172,550 | $0 | $20,524 | Yes (X) | |||
| STEVEN TEJADA | ||||||||
| DIRECTOR OF UPPER SCHOOL | 50.00 | $209,098 | $0 | $98,066 | Yes (X) | |||
| SUSAN EPPS | ||||||||
| ASSIST. HEAD: FACULTY DEV. | 50.00 | $208,177 | $0 | $19,828 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,998,983 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $415,909 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FLIK INTERNATIONAL CORP | |||||
| 2400 YORKMONT ROAD | CHARLOTTE | NC | 28217 | FOOD SERVICES | $882,200 |
| MCDONALD CLEANING SYSTEMS INC | |||||
| 2121 WISCONSIN AVE NW | WASHINGTON | DC | 20007 | CLEANING SERVICES | $584,749 |
| THE WHALEN BEREZ GROUP | |||||
| 546 NAVESINK RIVER ROAD | RED BANK | NJ | 07701 | CONSULTING SERVICES | $279,546 |
| ARMFIELD HARRISON & THOMAS INC | |||||
| 20 SOUTH KING STREET | LEESBURG | VA | 20175 | CONSULTING SERVICES | $229,149 |
| JCM ANALYTICS LLC | |||||
| 404 HUNT ST 17 | DURHAM | NC | 27701 | COVID-19 TESTING SERVICES | $187,427 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $687,928 | FundraisingAmt |
| All Other Contributions | $10,631,629 | AllOtherContributionsAmt |
| Noncash Contributions | $758,507 | NoncashContributionsAmt |
| Total Contributions | $11,319,557 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611100 | $27,059,127 | $27,059,127 |
| SUMMER PROGRAMS | 611710 | $923,317 | $923,317 |
| STUDENT ACTIVITIES | 611710 | $91,751 | $91,751 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $28,074,195 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,222,298 | TotalRevenueColumnAmt |
| Exclusion | $1,222,298 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $208,375 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $208,375 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $208,375 | TotalRevenueColumnAmt |
| Exclusion | $208,375 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,207,725 | SecuritiesAmt |
| Other | $2,400 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,568,150 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$360,425 | SecuritiesAmt |
| Other | $2,400 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$358,025 | TotalRevenueColumnAmt |
| Exclusion | -$358,025 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $299,783 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $687,928 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $264,686 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,097 | TotalRevenueColumnAmt |
| Exclusion | $35,097 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $184,094 | TotalRevenueColumnAmt |
| Exclusion | $184,094 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $184,094 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,685,591 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,074,195 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,291,839 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,146,749 | TotalAmt |
| Program Services | $5,146,749 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,111,195 | TotalAmt |
| Program Services | $848,828 | ProgramServicesAmt |
| Management And General | $224,528 | ManagementAndGeneralAmt |
| Fundraising | $37,839 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,980,873 | TotalAmt |
| Program Services | $10,679,818 | ProgramServicesAmt |
| Management And General | $2,824,973 | ManagementAndGeneralAmt |
| Fundraising | $476,082 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,077,308 | TotalAmt |
| Program Services | $822,942 | ProgramServicesAmt |
| Management And General | $217,681 | ManagementAndGeneralAmt |
| Fundraising | $36,685 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,074,858 | TotalAmt |
| Program Services | $821,071 | ProgramServicesAmt |
| Management And General | $217,185 | ManagementAndGeneralAmt |
| Fundraising | $36,602 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,079,485 | TotalAmt |
| Program Services | $824,605 | ProgramServicesAmt |
| Management And General | $218,121 | ManagementAndGeneralAmt |
| Fundraising | $36,759 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,620 | TotalAmt |
| Management And General | $76,620 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,491 | TotalAmt |
| Management And General | $46,491 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,436 | TotalAmt |
| Management And General | $242,436 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $697,097 | TotalAmt |
| Program Services | $465,664 | ProgramServicesAmt |
| Management And General | $215,801 | ManagementAndGeneralAmt |
| Fundraising | $15,632 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,660 | TotalAmt |
| Management And General | $7,660 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,215 | TotalAmt |
| Program Services | $134,575 | ProgramServicesAmt |
| Management And General | $284,084 | ManagementAndGeneralAmt |
| Fundraising | $44,556 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303,672 | TotalAmt |
| Program Services | $258,864 | ProgramServicesAmt |
| Management And General | $43,825 | ManagementAndGeneralAmt |
| Fundraising | $983 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,812 | TotalAmt |
| Program Services | $459,096 | ProgramServicesAmt |
| Management And General | $48,110 | ManagementAndGeneralAmt |
| Fundraising | $4,606 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,549 | TotalAmt |
| Program Services | $95,243 | ProgramServicesAmt |
| Management And General | $39,600 | ManagementAndGeneralAmt |
| Fundraising | $1,706 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,721 | TotalAmt |
| Program Services | $44,474 | ProgramServicesAmt |
| Management And General | $15,092 | ManagementAndGeneralAmt |
| Fundraising | $2,155 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,960 | TotalAmt |
| Program Services | $115,789 | ProgramServicesAmt |
| Management And General | $254,152 | ManagementAndGeneralAmt |
| Fundraising | $6,019 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,263,985 | TotalAmt |
| Program Services | $2,032,259 | ProgramServicesAmt |
| Management And General | $211,478 | ManagementAndGeneralAmt |
| Fundraising | $20,248 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,824 | TotalAmt |
| Management And General | $231,824 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BUILDING & GROUNDS MAIN | $1,478,472 | $1,326,190 | $138,976 | $13,306 |
| SCHOOL LUNCH PROGRAM | $1,301,649 | $1,301,649 | ||
| SCHOOL DEPARTMENT EXPEN | $1,094,881 | $1,094,881 | ||
| DEVELOPMENT EXPENSES | $229,588 | $85,782 | $143,806 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $524,381 | TotalAmt |
| Program Services | $119,486 | ProgramServicesAmt |
| Management And General | $404,895 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,518,481 | TotalAmt |
| Program Services | $26,592,183 | ProgramServicesAmt |
| Management And General | $6,049,314 | ManagementAndGeneralAmt |
| Fundraising | $876,984 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,029,375 | BOYAmt |
| EOY | $16,617,297 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $732,445 | BOYAmt |
| EOY | $3,953,545 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $584,256 | BOYAmt |
| EOY | $843,820 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $516,095 | BOYAmt |
| EOY | $486,781 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $63,718,828 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,080,560 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,618,090 | BOYAmt |
| EOY | $30,638,268 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,763,165 | BOYAmt |
| EOY | $45,456,522 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,243,426 | BOYAmt |
| EOY | $97,996,233 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,336,854 | BOYAmt |
| EOY | $1,459,253 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,169,832 | BOYAmt |
| EOY | $9,637,273 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,990,392 | BOYAmt |
| EOY | $13,951,507 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,299 | BOYAmt |
| EOY | $82,891 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,691 | BOYAmt |
| EOY | $477,240 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,317,068 | BOYAmt |
| EOY | $25,608,164 | 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 | $42,983,977 | BOYAmt |
| EOY | $43,871,978 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,942,381 | BOYAmt |
| EOY | $28,516,091 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,926,358 | BOYAmt |
| EOY | $72,388,069 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,243,426 | BOYAmt |
| EOY | $97,996,233 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,167,110 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,705,399 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,813,009 | BeginningYearBalanceAmt |
| Contributions | $1,672,012 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,948,675 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $943,923 | GrantsOrScholarshipsAmt |
| End Year Balance | $24,592,423 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,578,959 | BeginningYearBalanceAmt |
| Contributions | $22,015 | ContributionsAmt |
| Investment Earnings Or Losses | $5,299,794 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,087,759 | GrantsOrScholarshipsAmt |
| End Year Balance | $26,813,009 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,605,726 | BeginningYearBalanceAmt |
| Contributions | $243,798 | ContributionsAmt |
| Investment Earnings Or Losses | $401,744 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $672,309 | GrantsOrScholarshipsAmt |
| End Year Balance | $22,578,959 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,875,787 | BeginningYearBalanceAmt |
| Contributions | $412,814 | ContributionsAmt |
| Investment Earnings Or Losses | $939,020 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $621,895 | GrantsOrScholarshipsAmt |
| End Year Balance | $22,605,726 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,451,212 | BeginningYearBalanceAmt |
| Contributions | $55,416 | ContributionsAmt |
| Investment Earnings Or Losses | $936,647 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $567,488 | GrantsOrScholarshipsAmt |
| End Year Balance | $21,875,787 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.77408 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.22592 | 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 | $126,082 | OtherCostOrOtherBasisAmt |
| Book Value | $126,082 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $58,559,400 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,755,072 | DepreciationAmt |
| Book Value | $29,804,328 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,221,221 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,619,115 | DepreciationAmt |
| Book Value | $602,106 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $812,125 | OtherCostOrOtherBasisAmt |
| Depreciation | $706,373 | DepreciationAmt |
| Book Value | $105,752 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,638,268 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED COMPENSATION | Desc |
| Amt | $477,240 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $477,240 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $28,853,293 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$11,852,148 | OtherRevenueAmt |
| Revenue Not Reported | -$11,852,148 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,705,441 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $242,436 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$262,286 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$19,850 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $40,685,591 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $28,391,582 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $262,286 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $262,286 | ExpensesNotReportedAmt |
| Expenses Subtotal | $28,129,296 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $242,436 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $5,146,749 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,389,185 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $33,518,481 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | FOR THEIR CONVENIENCE, MARET MAINTAINS SEPARATE ACCOUNTS FOR FUNDS RELATED TO VARIOUS STUDENT GROUPS, STUDENT ACTIVITIES, AND OTHER SCHOOL-RELATED PROJECTS. ALL OF THESE FUNDS ARE ENTIRELY CONTROLLED BY THE RESPECTIVE SCHOOL-RELATED GROUPS. |
| PART V, LINE 4: | THE SCHOOL MAINTAINS MULTIPLE ENDOWMENT FUNDS DESIGNATED TO ACHIEVE A BROAD RANGE OF GOALS FOR FACULTY AND STUDENTS, AS WELL AS PROGRAM-DIRECTED ENDEAVORS. |
| PART X, LINE 2: | THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), EXCEPT FOR UNRELATED BUSINESS INCOME, AS DEFINED BY THE IRC. THE SCHOOL DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2022 OR 2021 AND DID NOT MAKE ANY ESTIMATED PAYMENTS. ACCORDINGLY, THESE STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES FOR THE YEAR ENDED JUNE 30, 2022 AND 2021. THE SCHOOL IS REQUIRED TO FILE, AND DOES FILE, TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. TAX RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 REMAIN OPEN. THE SCHOOL HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN INCOME TAX POSITIONS. DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, THE SCHOOL DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID TO STUDENTS -5,146,749. UNREALIZED GAIN ON SWAP AGREEMENT -6,705,399. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -264,686. GAIN INCLUDED WITH EXPENSES ON AUDITED FINANCIAL STATEMENTS 2,400. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 264,686. GAIN INCLUDED WITH EXPENSES ON AUDITED FINANCIAL STATEMENTS -2,400. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO STUDENTS 5,146,749. |
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 | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHOOL'S NONDISCRIMINATORY POLICY - SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE WASHINGTON POST ON A PERIODIC BASIS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION | Event1Nm |
| Gross Receipts Event1 | $987,711 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $687,928 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $299,783 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $86,360 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $97,209 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $81,117 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $987,711 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $687,928 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $299,783 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $86,360 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $97,209 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $81,117 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $264,686 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $35,097 | NetIncomeSummaryAmt |
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 | FINANCIAL AID | GrantTypeTxt |
| Recipient | 166 | RecipientCnt |
| Cash Grant | $5,146,749 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING THE USE OF GRANT FUNDS - PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE FINANCIAL AID GRANTS ARE APPLIED AS FOLLOWS: $4,974,778 TO TUITION ASSISTANCE AND $171,971 TO SPECIAL AID FOR STUDENT ACTIVITIES AND RESOURCES. TUITION ASSISTANCE IS GRANTED TO STUDENTS ON A NEED BASIS. IN ORDER TO ESTABLISH FINANCIAL NEED, AN ONLINE APPLICATION FORM IS SUBMITTED FOR REVIEW BY MANAGEMENT AND AWARDED TO STUDENTS ON AN OBJECTIVE BASIS. ONCE AWARDED, THE FUNDS ARE CREDITED TO THE STUDENT'S ACCOUNT. THE SPECIAL AID IS REVIEWED AND APPROVED BY THE DIRECTOR OF FINANCIAL AID ON A CASE-BY-CASE BASIS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARY JOSEPHINE TALBOTT | ||||||||||||||
| HEAD OF SCHOOL | $497,328 | $0 | $0 | $0 | $75,000 | $0 | $105,142 | $0 | $12,588 | $0 | $690,058 | $0 | $0 | $0 |
| WILLIS HOLLOWAY III | ||||||||||||||
| ASST HEAD OF SCHOOL, FIN & OPERATION | $253,750 | $0 | $0 | $0 | $0 | $0 | $20,300 | $0 | $37,737 | $0 | $311,787 | $0 | $0 | $0 |
| STEVEN TEJADA | ||||||||||||||
| DIRECTOR OF UPPER SCHOOL | $209,098 | $0 | $0 | $0 | $0 | $0 | $15,528 | $0 | $82,538 | $0 | $307,164 | $0 | $0 | $0 |
| SALLY DUNKELBERGER | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $232,323 | $0 | $0 | $0 | $0 | $0 | $18,586 | $0 | $18,882 | $0 | $269,791 | $0 | $0 | $0 |
| SUSAN EPPS | ||||||||||||||
| ASSIST. HEAD: FACULTY DEV. | $208,177 | $0 | $0 | $0 | $0 | $0 | $13,919 | $0 | $5,909 | $0 | $228,005 | $0 | $0 | $0 |
| ANNIE FARQUHAR | ||||||||||||||
| DIRECTOR OF ADMISSIONS | $178,207 | $0 | $0 | $0 | $0 | $0 | $14,257 | $0 | $18,882 | $0 | $211,346 | $0 | $0 | $0 |
| LYNN LEVINSON | ||||||||||||||
| ASST HEAD: STUDENT LIFE | $172,550 | $0 | $0 | $0 | $0 | $0 | $13,804 | $0 | $17,313 | $0 | $203,667 | $0 | $0 | $0 |
| MARIA LOPEZ | ||||||||||||||
| ASSIST. HEAD: ACADEMIC AFFAIRS | $172,550 | $0 | $0 | $0 | $0 | $0 | $13,804 | $0 | $6,720 | $0 | $193,074 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEAD OF SCHOOL RECEIVED A HOUSING ALLOWANCE AND PERSONAL SERVICES, WHICH INCLUDED HOUSE CLEANING AND LAWN CARE. THE ALLOWANCE WAS INCLUDED AS TAXABLE INCOME AND IS REPORTED IN PART II COL B(III). |
| PART I, LINE 4B | THE HEAD OF SCHOOL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (SECTION 457F). THE SCHOOL MADE A CONTRIBUTION OF $82,342 ON BEHALF OF THE HEAD OF SCHOOL INTO THIS PLAN IN 2021. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DISTRICT OF COLUMBIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 536001131 | BondIssuerEIN |
| CUSIP | 2548394P5 | CUSIPNum |
| Bond Issued | 2009-10-07 | BondIssuedDt |
| Issue Price | $17,335,000 | IssuePriceAmt |
| Purpose | REFINANCE TAX EXEMPT BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $3,230,100 | RetiredAmt |
| Total Proceeds | $17,335,000 | TotalProceedsAmt |
| Other Spent Proceeds | $17,335,000 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART IV, LINE 2C | FormAndLineReferenceDesc |
| Explanation | REBATE COMPUTATION DATE: THE REBATE COMPUTATION CALCULATION WAS LAST PERFORMED ON NOVEMBER 21, 2018, SHOWING NO AMOUNT DUE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 25 | ContributionCnt |
| Noncash Contributions Rpt F990 | $758,507 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE AMOUNTS SHOWN IN PART I, COLUMN B, REPRESENT THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1: | MARET SCHOOL IS A VIBRANT K-12, CO-EDUCATIONAL, INDEPENDENT SCHOOL IN WASHINGTON, DC. WE IGNITE OUR STUDENTS' POTENTIAL AND FOSTER THEIR ACADEMIC, ARTISTIC, AND ATHLETIC TALENTS. WE DEVELOP THE MIND, NURTURE CURIOSITY, WELCOME CHALLENGE, EMBRACE JOY, AND BUILD COMMUNITY THAT IS EQUITABLE AND INCLUSIVE. |
| FORM 990, PART V, LINE 2A: | NUMBER OF EMPLOYEES FOR CALENDAR YEAR 2021 - THE TOTAL NUMBER OF EMPLOYEES REPORTED ON LINE 2A OF PART V OF FORM 990 REPRESENTS THE TOTAL NUMBER OF EMPLOYEES FOR THE ENTIRETY OF CALENDAR YEAR 2021, NOT THE TOTAL AT ONE TIME DURING THAT YEAR. MOREOVER, THE NUMBER VARIES DURING THE DAY, AS IT IS COMPRISED OF ADMINISTRATIVE AND FACULTY PERSONNEL WHO ARE PRESENT DURING ACADEMIC HOURS AND OTHER PERSONNEL ENGAGED IN AFTER-SCHOOL ACTIVITIES. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING THE FORM 990, AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD TRUSTEE FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE BEGINNING OF EVERY SCHOOL YEAR, THE CONFLICT OF INTEREST STATEMENT IS ISSUED TO EVERY BOARD MEMBER. THEY ALL SIGN THE DOCUMENT AND RETURN IT TO THE CHAIR. THROUGHOUT THE YEAR IT IS EXPECTED OF EACH BOARD MEMBER TO BE COMPLIANT WITH THE POLICY AND TO INFORM THE CHAIR IF THERE ARE ANY POSSIBLE CONFLICTS OF INTEREST THAT MAY ARISE. |
| FORM 990, PART VI, SECTION B, LINE 15 | DURING THE FIRST QUARTER OF 2013, A COMPENSATION COMMITTEE WHOSE MEMBERSHIP INCLUDED THE PRESIDENT, VICE PRESIDENT, AND TREASURER, HIRED AN INDEPENDENT COMPENSATION CONSULTANT WHO SURVEYED 25+ COMPARABLE SCHOOLS AND USED THAT DATA IN DETERMINING THE APPROPRIATE COMPENSATION FOR THE HEAD. A COMPENSATION STUDY WAS PERFORMED DURING THE CURRENT FISCAL YEAR IN WHICH THE SCHOOL COMPARED HEAD OF SCHOOL COMPENSATION FOR SCHOOLS SIMILAR IN SIZE AND IN NEARBY PROXIMITY TO DETERMINE AMOUNTS FOR THE HEAD'S COMPENSATION IN HER CONTRACT. THE KEY EMPLOYEE AND HIGHEST COMPENSATED EMPLOYEES' SALARIES ARE COMPARED TO THOSE AT COMPARABLE SCHOOLS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |