CHAPIN SCHOOL LTD: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CHAPIN SCHOOL LTD (EIN 13-1635257)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-03
- IRS object ID
- 202341239349301599
- 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 F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-03T13:42:41-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 733 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | 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 | 131635257 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHAPIN SCHOOL LTD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAP | BusinessNameControlTxt |
| Phone | 2127442335 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST END AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10028 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAY MATHEWS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2127442335 | PhoneNum |
| Signature | 2023-05-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAY | PersonFirstNm |
| Person Last | MATHEWS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM EPSTEIN | PreparerPersonNm |
| PTIN | P01307171 | PTIN |
| Phone | 2129498700 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | 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 | JAY MATHEWS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST END AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $110,762,667 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHAPIN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1929 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE CHAPIN SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR YOUNG WOMEN IN GRADES K THROUGH 12. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 277 | TotalEmployeeCnt |
| Total Volunteers | 450 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,380,640 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,565,125 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $44,175,804 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $47,012,098 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,637,576 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,310,387 | CYInvestmentIncomeAmt |
| PY Other Revenue | $214,495 | PYOtherRevenueAmt |
| CY Other Revenue | $49,177 | CYOtherRevenueAmt |
| PY Total Revenue | $58,408,515 | PYTotalRevenueAmt |
| CY Total Revenue | $63,936,787 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,155,986 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,676,109 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $30,060,699 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $27,874,854 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,076,228 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,702,174 | PYOtherExpensesAmt |
| CY Other Expenses | $28,496,938 | CYOtherExpensesAmt |
| PY Total Expenses | $53,918,859 | PYTotalExpensesAmt |
| CY Total Expenses | $64,047,901 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,489,656 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$111,114 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $372,266,225 | TotalAssetsBOYAmt |
| Total Assets EOY | $363,404,258 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $109,702,258 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $109,313,229 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $262,563,967 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $254,091,029 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE CHAPIN SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR YOUNG WOMEN IN GRADES K-12. CHAPIN'S COMMITTED TO PREPARING YOUNG WOMEN TO THRIVE/LEAD THROUGH THE PURSUIT OF ACADEMIC EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $50,104,429 | ExpenseAmt |
| Grant | $7,676,109 | GrantAmt |
| Revenue | $47,061,275 | RevenueAmt |
| Desc | THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF 808 STUDENTS FROMKINDERGARTEN THROUGH 12TH GRADE, WITH AN INSTRUCTIONAL STAFF OF129 AND THE ADDITIONAL SUPPORT OF 52 EMPLOYEES. GRANTS ARE GIVENBY THE SCHOOL IN THE FORM OF FINANCIAL AID TO ELIGIBLE STUDENTS.DURING THE SCHOOL YEAR ENDED JUNE 30 2022, 171 ELIGIBLE STUDENTSWERE AWARDED SUCH SCHOLARSHIPS. | Desc |
| Total Program Service Expenses | $50,104,429 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 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 |
| IRP Document | 83 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 277 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| 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 | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | 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 |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JENNIE LEUNG CO CHAPIN SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125704984 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST END AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10028 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SUZANNE FOGARTY | ||||||||
| HEAD OF SCHOOL | 40.00 | 0.00 | Yes (X) | Yes (X) | $645,160 | $0 | $45,542 | |
| LEEANN BLACK | ||||||||
| CHAIR | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BURWELL ESPY SCHORR | ||||||||
| VICE CHAIR | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KIM KARETSKY KRINSKY | ||||||||
| VICE CHAIR, FINANCE | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CLARENCE MITCHELL | ||||||||
| SECRETARY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALEXA BATOR CHAE | ||||||||
| ASSISANT SECRETARY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DENISE BAILEY-CASTRO | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DR SAMANTHA BOARDMAN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MELINDA CHENG | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JARED COHEN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE COLEMAN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BETTINA GOLDSTEIN DECKER | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CISCO J DEL VALLE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA S DIGGS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAUDIO GARCIA | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN J HIGGINS | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NATALIE HUTCHINSON | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MONA ABOELNAGA KANAAN | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BETH KOJIMA | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM S MACKLOWE | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BARA TISCH | ||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC BOGURSKY THRU SEPT 2021 | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $276,648 | $0 | $41,768 | ||
| NATASHA BROWN | ||||||||
| DIRECTOR OF ADVANCEMENT | 40.00 | 0.00 | $221,675 | $0 | $36,322 | Yes (X) | ||
| MARY JO QUIGLEY | ||||||||
| ASSOCIATE HEAD OF SCHOOL | 40.00 | 0.00 | $279,221 | $0 | $43,453 | Yes (X) | ||
| MARY RAFFERTY | ||||||||
| HEAD OF MIDDLE SCHOOL | 40.00 | 0.00 | $277,293 | $0 | $41,036 | Yes (X) | ||
| ILANA PERGAM | ||||||||
| DIRECTOR OF ACADEMIC PROGRAMS | 40.00 | 0.00 | $237,694 | $0 | $37,290 | Yes (X) | ||
| THOMAS PALERMO | ||||||||
| DIRECTOR OF FACILITIES | 40.00 | 0.00 | $234,736 | $0 | $38,468 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,172,427 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $283,879 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 71 | 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 |
|---|---|---|---|---|---|
| JRM CONSTRUCTION MANAGEMENT LLC | |||||
| 242 WEST 32ND STREET | NEW YORK | NY | 10018 | CONSTRUCTION | $12,122,627 |
| ARAMARK CORPORATION | |||||
| PO BOX 419860 | DALLAS | TX | 75397 | FOOD SERVICE | $1,872,106 |
| ABM INDUSTRIES INC | |||||
| PO BOX 419860 | BOSTON | MA | 02241 | MAINTENANCE | $1,722,785 |
| AUSTIN & CO INC | |||||
| 20 CORPORATE WOODS BLVD | ALBANY | NY | 12211 | INSURANCE | $655,529 |
| SITE SAFETY LLC | |||||
| 29 WEST 38TH STREET | NEW YORK | NY | 10018 | CONSTRUCTION | $612,119 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,606,158 | GovernmentGrantsAmt |
| All Other Contributions | $10,958,967 | AllOtherContributionsAmt |
| Noncash Contributions | $514,569 | NoncashContributionsAmt |
| Total Contributions | $12,565,125 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION INCOME | 611710 | $46,377,400 | $46,377,400 |
| OTHER STUDENT FEES | 611710 | $366,498 | $366,498 |
| TECHNOLOGY FEES | 611710 | $268,200 | $268,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $47,012,098 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $923,497 | TotalRevenueColumnAmt |
| Exclusion | $923,497 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $50,212,770 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,825,880 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,386,890 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,386,890 | TotalRevenueColumnAmt |
| Exclusion | $3,386,890 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $49,177 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $49,177 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $49,177 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,936,787 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $47,061,275 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,310,387 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,676,109 | TotalAmt |
| Program Services | $7,676,109 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $797,600 | TotalAmt |
| Program Services | $280,000 | ProgramServicesAmt |
| Management And General | $307,600 | ManagementAndGeneralAmt |
| Fundraising | $210,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,105,941 | TotalAmt |
| Program Services | $15,915,157 | ProgramServicesAmt |
| Management And General | $4,175,660 | ManagementAndGeneralAmt |
| Fundraising | $1,015,124 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,030,500 | TotalAmt |
| Program Services | $1,501,322 | ProgramServicesAmt |
| Management And General | $415,607 | ManagementAndGeneralAmt |
| Fundraising | $113,571 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,425,018 | TotalAmt |
| Program Services | $1,793,023 | ProgramServicesAmt |
| Management And General | $496,357 | ManagementAndGeneralAmt |
| Fundraising | $135,638 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,515,795 | TotalAmt |
| Program Services | $1,120,757 | ProgramServicesAmt |
| Management And General | $310,256 | ManagementAndGeneralAmt |
| Fundraising | $84,782 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,928 | TotalAmt |
| Management And General | $286,928 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,150 | TotalAmt |
| Management And General | $78,150 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,345 | TotalAmt |
| Management And General | $122,345 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,216,624 | TotalAmt |
| Management And General | $705,810 | ManagementAndGeneralAmt |
| Fundraising | $510,814 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,257,093 | TotalAmt |
| Program Services | $139,562 | ProgramServicesAmt |
| Management And General | $778,192 | ManagementAndGeneralAmt |
| Fundraising | $339,339 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $608,757 | TotalAmt |
| Program Services | $517,455 | ProgramServicesAmt |
| Management And General | $86,144 | ManagementAndGeneralAmt |
| Fundraising | $5,158 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,302 | TotalAmt |
| Program Services | $958 | ProgramServicesAmt |
| Management And General | $175 | ManagementAndGeneralAmt |
| Fundraising | $1,169 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,595 | TotalAmt |
| Program Services | $15,925 | ProgramServicesAmt |
| Management And General | $65,700 | ManagementAndGeneralAmt |
| Fundraising | $52,970 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,191,281 | TotalAmt |
| Program Services | $1,796,851 | ProgramServicesAmt |
| Management And General | $328,692 | ManagementAndGeneralAmt |
| Fundraising | $65,738 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,717,100 | TotalAmt |
| Program Services | $11,248,022 | ProgramServicesAmt |
| Management And General | $2,057,565 | ManagementAndGeneralAmt |
| Fundraising | $411,513 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $674,777 | TotalAmt |
| Program Services | $553,317 | ProgramServicesAmt |
| Management And General | $101,217 | ManagementAndGeneralAmt |
| Fundraising | $20,243 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BUILDING AND MAINTENANC | $3,672,304 | $3,011,289 | $550,846 | $110,169 |
| OTHER INSTRUCTIONAL EXP | $2,027,241 | $2,027,241 | ||
| LUNCH ROOM EXPENSE | $1,929,016 | $1,929,016 | ||
| STUDENT ACTIVITIES | $225,585 | $225,585 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,840 | TotalAmt |
| Program Services | $352,840 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,047,901 | TotalAmt |
| Program Services | $50,104,429 | ProgramServicesAmt |
| Management And General | $10,867,244 | ManagementAndGeneralAmt |
| Fundraising | $3,076,228 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,904,935 | BOYAmt |
| EOY | $5,057,579 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,138,034 | BOYAmt |
| EOY | $24,486,803 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,675,271 | BOYAmt |
| EOY | $5,586,596 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,707 | BOYAmt |
| EOY | $1,067,981 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,904 | BOYAmt |
| EOY | $344,203 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $346,429,153 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $85,679,050 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $263,330,215 | BOYAmt |
| EOY | $260,750,103 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,532,796 | BOYAmt |
| EOY | $40,469,741 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,855,389 | BOYAmt |
| EOY | $24,397,265 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,383,974 | BOYAmt |
| EOY | $1,243,987 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $372,266,225 | BOYAmt |
| EOY | $363,404,258 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,657,094 | BOYAmt |
| EOY | $12,667,020 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,518,916 | BOYAmt |
| EOY | $7,584,401 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,343,075 | BOYAmt |
| EOY | $86,911,611 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,183,173 | BOYAmt |
| EOY | $2,150,197 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,702,258 | BOYAmt |
| EOY | $109,313,229 | 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 | $239,548,620 | BOYAmt |
| EOY | $232,237,685 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,015,347 | BOYAmt |
| EOY | $21,853,344 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,563,967 | BOYAmt |
| EOY | $254,091,029 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $372,266,225 | BOYAmt |
| EOY | $363,404,258 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$111,114 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$8,161,824 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$200,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,777,337 | BeginningYearBalanceAmt |
| Contributions | $589,268 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,766,242 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,253,319 | OtherExpendituresAmt |
| End Year Balance | $65,853,682 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $99,195,178 | BeginningYearBalanceAmt |
| Contributions | $855,433 | ContributionsAmt |
| Investment Earnings Or Losses | $9,767,812 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $43,041,086 | OtherExpendituresAmt |
| End Year Balance | $66,777,337 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $113,136,873 | BeginningYearBalanceAmt |
| Contributions | $921,322 | ContributionsAmt |
| Investment Earnings Or Losses | $3,710,589 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $18,573,606 | OtherExpendituresAmt |
| End Year Balance | $99,195,178 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $113,041,056 | BeginningYearBalanceAmt |
| Contributions | $2,144,103 | ContributionsAmt |
| Investment Earnings Or Losses | $7,122,809 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,171,095 | OtherExpendituresAmt |
| End Year Balance | $113,136,873 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $110,382,934 | BeginningYearBalanceAmt |
| Contributions | $6,347,131 | ContributionsAmt |
| Investment Earnings Or Losses | $2,548,991 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,238,000 | OtherExpendituresAmt |
| End Year Balance | $113,041,056 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.79000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.18000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03000 | 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 | $1,264,097 | OtherCostOrOtherBasisAmt |
| Book Value | $1,264,097 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $320,027,739 | OtherCostOrOtherBasisAmt |
| Depreciation | $69,467,382 | DepreciationAmt |
| Book Value | $250,560,357 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,831,287 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,211,668 | DepreciationAmt |
| Book Value | $1,619,619 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,306,030 | OtherCostOrOtherBasisAmt |
| Book Value | $7,306,030 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $260,750,103 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| OFFSHORE HEDGE FUNDS | $11,536,111 | F |
| OFFSHORE PORTFOLIO FUNDS | $12,861,154 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $24,397,265 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED REVENUE OF POOLED LIFE AND ANNUITY INCOME GIFTS | $135,400 |
| ACCRUED BOND INTEREST | $2,014,797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,150,197 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $47,976,509 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$8,161,824 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$8,161,824 | RevenueNotReportedAmt |
| Revenue Subtotal | $56,138,333 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $122,345 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $7,676,109 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $7,798,454 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $63,936,787 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $56,449,447 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $200,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $200,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $56,249,447 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $122,345 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,676,109 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,798,454 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $64,047,901 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL'S ENDOWMENT FUNDS PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT, WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. |
| PART X, LINE 2: | INCOME TAX UNCERTAINTIES: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSE 7,676,109. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT EXPENSE 200,000. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSE 7,676,109. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL MAKES ALL INTERESTED PARTIES AWARE OF ITS NONDISCRIMINATION POLICY THROUGH NEWSPAPER ADVERTISEMENT, BROCHURES AND OTHER MEDIA. |
| SCHEDULE E, PART I, LINE 6A | ASSISTANCE FROM GOVERNMENT: THE SCHOOL RECEIVED FINANCIAL ASSISTANCE FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES. THE FINANCIAL ASSISTANCE AMOUNTED TO $1,606,158 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $24,397,264 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $24,397,264 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $24,397,264 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 1 ACCOUNTING METHOD: | FOREIGN INVESTMENTS: THE SCHOOL MAINTAINS INVESTMENTS IN FOREIGN PARTNERSHIPS. ALL RELATED FILINGS FOR THESE INVESTMENTS ARE COMPLETED APPROPRIATELY AND FILED ON A TIMELY BASIS, WHEN REQUIRED. THE FOREIGN INVESTMENTS NOTED ON SCHEDULE F, PART I, LINE 3 ARE REPORTED BASED AT THEIR FAIR VALUE USING THE ACCRUAL METHOD IN ACCORDANCE WITH U.S. GAAP. |
| PART III ACCOUNTING METHOD: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 171 | RecipientCnt |
| Non Cash Assistance | $7,676,109 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDUCTION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CHAPIN SCHOOL SUPPORTS ECONOMIC DIVERSITY THROUGH A FINANCIAL AID PROGRAM, AVAILABLE TO STUDENTS AT ALL GRADE LEVELS. THE PROGRAM, BASED SOLELY ON NEED, IS AVAILABLE TO ACADEMICALLY QUALIFIED STUDENTS. THE CHAPIN SCHOOL BELIEVES THAT THE PRIMARY FINANCIAL RESPONSIBILITY FOR A CHILD'S EDUCATION RESTS WITH THE PARENTS, TO THE FULL EXTENT THAT THEY ARE ABLE. THE GOAL OF THE FINANCIAL AID PROGRAM IS TO OFFSET THE DIFFERENCE BETWEEN THE COST OF ATTENDANCE AND A FAMILY'S AVAILABLE FINANCIAL RESOURCES. ADMISSIONS DECISIONS ARE MADE WITHOUT REGARD TO FINANCIAL NEED. LIKE MOST INDEPENDENT SCHOOLS, CHAPIN USES THE STANDARDIZED CALCULATION DERIVED BY THE SCHOOL AND STUDENT SERVICE ("SSS") FOR FINANCIAL AID, A DIVISION OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, TO CALCULATE A FAMILY'S CONTRIBUTION TO THE COST OF A CHAPIN EDUCATION. THIS SYSTEM CONSIDERS GROSS TAXABLE AND NON-TAXABLE INCOME, ASSETS, LIABILITIES, FAMILY SIZE AND THE NUMBER OF STUDENTS IN TUITION-CHARGING SCHOOLS OR COLLEGES. AFTER AN ALLOWANCE FOR BASIC NECESSITIES AND REQUIRED TAXES, THE REMAINING FUNDS ARE CONSIDERED AVAILABLE FOR EDUCATION ON A SLIDING SCALE. EVERY FAMILY APPLYING FOR FINANCIAL AID BEGINS BY COMPLETING THE PARENTS' FINANCIAL STATEMENT (PFS). THE DATA IN THIS APPLICATION IS ANALYZED BY SSS AND A RECOMMENDATION OF FAMILY CONTRIBUTION IS REPORTED TO CHAPIN AND TO THE FAMILY. THE CHAPIN SCHOOL WILL REVIEW, RE-ANALYZE AND, IF NECESSARY, RE-COMPUTE THIS RECOMMENDATION IN ACCORDANCE WITH SCHOOL POLICIES, GEOGRAPHICAL LOCATION, COST-OF-LIVING DIFFERENCES, AND OTHER FACTORS TO DETERMINE THE AWARDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUZANNE FOGARTY | ||||||||||||||
| HEAD OF SCHOOL | $645,160 | $0 | $0 | $0 | $0 | $0 | $33,416 | $0 | $12,126 | $0 | $690,702 | $0 | $0 | $0 |
| MARY JO QUIGLEY | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL | $279,221 | $0 | $0 | $0 | $0 | $0 | $31,327 | $0 | $12,126 | $0 | $322,674 | $0 | $0 | $0 |
| MARC BOGURSKY THRU SEPT 2021 | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $276,648 | $0 | $0 | $0 | $0 | $0 | $32,687 | $0 | $9,081 | $0 | $318,416 | $0 | $0 | $0 |
| MARY RAFFERTY | ||||||||||||||
| HEAD OF MIDDLE SCHOOL | $277,293 | $0 | $0 | $0 | $0 | $0 | $28,910 | $0 | $12,126 | $0 | $318,329 | $0 | $0 | $0 |
| ILANA PERGAM | ||||||||||||||
| DIRECTOR OF ACADEMIC PROGRAMS | $237,694 | $0 | $0 | $0 | $0 | $0 | $25,164 | $0 | $12,126 | $0 | $274,984 | $0 | $0 | $0 |
| THOMAS PALERMO | ||||||||||||||
| DIRECTOR OF FACILITIES | $234,736 | $0 | $0 | $0 | $0 | $0 | $26,342 | $0 | $12,126 | $0 | $273,204 | $0 | $0 | $0 |
| NATASHA BROWN | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $221,675 | $0 | $0 | $0 | $0 | $0 | $24,196 | $0 | $12,126 | $0 | $257,997 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | COMPENSATION: THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. HOUSING: CHAPIN REQUIRES ITS HEAD OF SCHOOL TO USE A SCHOOL OWNED RESIDENCE TO CONDUCT SCHOOL RELATED BUSINESS AND TO HOST FREQUENT SCHOOL RELATED ACTIVITIES FOR THE CONVENIENCE OF THE SCHOOL. |
| PART I, LINE 4B | THE SCHOOL MAINTAINS A DEFERRED COMPENSATION PLAN FOR ITS HEAD OF SCHOOL. DURING CALENDAR YEAR 2021, THE SCHOOL CONTRIBUTED $50,000 TO THIS PLAN. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY | ||||||||
| A | 132906040 | 12008ELX2 | 2016-08-24 | $25,000,000 | CIVIC FACILITY REVENUE BONDS SERIES | 0 | 0 | 0 |
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY | ||||||||
| B | 132906040 | 12008ELY0 | 2016-08-24 | $25,000,000 | CIVIC FACILITY REVENUE BONDS SERIES | 0 | 0 | 0 |
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY | ||||||||
| C | 132906040 | 12008ENM4 | 2017-12-20 | $25,000,000 | CIVIC FACILITY REVENUE BONDS SERIES | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $25,000,000 | $2,250,698 | $196,838 | $22,552,464 | 2017 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $25,000,000 | $2,250,698 | $196,838 | $22,552,464 | 2017 | 0 | 0 | Yes (1) | Yes (1) |
| C | $25,000,000 | $2,250,698 | $601,868 | $22,147,434 | 2018 | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 62 | ContributionCnt |
| Noncash Contributions Rpt F990 | $514,569 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE AMOUNT DISCLOSED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. |
| PART I, LINE 32B: | THE SCHOOL USES CHARLES SCHWAB TO SELL DONATED SECURITIES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW OF FORM 990: THE AUDIT COMMITTEE OF THE BOARD CONFERS WITH THE CHIEF FINANCIAL OFFICER TO REVIEW THE FORM 990 AND ITS REQUIRED ATTACHMENTS AND SCHEDULES. A THOROUGH REVIEW OF ALL FINANCIAL AND NARRATIVE INFORMATION IS UNDERTAKEN TO MAKE SURE ALL REPORTS AND SCHEDULES REFLECT THE ACTUAL OPERATING RESULTS OF THE SCHOOL FOR THE MOST RECENTLY COMPLETED FISCAL YEAR. A FINAL DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO ITS FILING. AFTER REVIEW, THE CHIEF FINANCIAL OFFICER FILES THE COMPLETED RETURN WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY: TRUSTEES AND PROFESSIONAL STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION: THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. |
| FORM 990, PART VI, SECTION C, LINE 18 | PUBLIC INSPECTION: THE SCHOOL MAKES ITS FORM 990, CHAR500, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THOSE SAME FORMS MAY BE OBTAINED THROUGH WWW.CHARITIESNYS.COM AND WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC INSPECTION: THE SCHOOL MAKES ITS FORM 990, CHAR500, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THOSE SAME FORMS MAY BE OBTAINED THROUGH WWW.CHARITIESNYS.COM AND WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | BAD DEBT EXPENSE OF -200,000. |