PACE ACADEMY INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PACE ACADEMY INC (EIN 58-0706812)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-12
- IRS object ID
- 202341329349309229
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T22:47:13-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & HOWARD ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 271 17TH STREET NW SUITE 1600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30363 | 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 | 580706812 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACE ACADEMY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % AJ LASHLEY | InCareOfNm |
| Business Name Control | PACE | BusinessNameControlTxt |
| Phone | 4042621345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 WEST PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303272648 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FREDERICK G ASSAF | PersonNm |
| Person Title | CEO/HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 4042621345 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Frederick | PersonFirstNm |
| Person Last | Assaf | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SABRE j LINAHAN partner | PreparerPersonNm |
| PTIN | P01372980 | PTIN |
| Phone | 4048746244 | PhoneNum |
| Preparation | 2023-05-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | FREDERICK G ASSAF | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 WEST PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303272648 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $53,853,917 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PACEACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1958 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | PACE ACADEMY IS A PRE-FIRST THROUGH 12TH GRADE COLLEGE PREPARATORY INDEPENDENT SCHOOL IN ATLANTA, GEORGIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 468 | TotalEmployeeCnt |
| Total Volunteers | 1115 | TotalVolunteersCnt |
| Total Gross UBI | $28,060 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $25,965 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,030,982 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,537,236 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $34,573,568 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $38,121,177 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,330,277 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,208,035 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$232,611 | PYOtherRevenueAmt |
| CY Other Revenue | -$132,008 | CYOtherRevenueAmt |
| PY Total Revenue | $44,702,216 | PYTotalRevenueAmt |
| CY Total Revenue | $52,734,440 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,832,315 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,813,600 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,346,443 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,746,314 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,646,903 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,821,632 | PYOtherExpensesAmt |
| CY Other Expenses | $15,259,358 | CYOtherExpensesAmt |
| PY Total Expenses | $37,000,390 | PYTotalExpensesAmt |
| CY Total Expenses | $41,819,272 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,701,826 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,915,168 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $209,472,717 | TotalAssetsBOYAmt |
| Total Assets EOY | $205,828,647 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $46,802,960 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $42,871,448 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $162,669,757 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $162,957,199 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OUR MISSION IS TO CREATE PREPARED, CONFIDENT CITIZENS OF THE WORLD WHO HONOR THE VALUES OF PACE ACADEMY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $28,029,588 | ExpenseAmt |
| Grant | $2,676,578 | GrantAmt |
| Revenue | $36,060,852 | RevenueAmt |
| Desc | INSTRUCTION - PACE ACADEMY WAS ESTABLISHED IN 1958 AS AN INDEPENDENT COLLEGE PREPARATORY CO-EDUCATIONAL DAY SCHOOL. THE ENROLLMENT IS 1,150 STUDENTS IN PRE-FIRST THROUGH 12TH GRADES. PACE STRIVES TO CREATE AN INNOVATIVE LEARNING ENVIRONMENT THROUGH COLLABORATION, CHALLENGING CURRICULUM, OUTSTANDING TEACHING AND CO-CURRICULAR OFFERINGS. IT MEANS WE REQUIRE STUDENTS TO PLUG INTO THE WORLD AROUND THEM, PUSH BEYOND THEIR COMFORT ZONES AND ACCOMPLISH THINGS THEY NEVER THOUGHT POSSIBLE. PACE STARTS SMALL TO MAKE THESE BIG THINGS HAPPEN BY FOCUSING ON THE INDIVIDUAL STUDENT, MAINTAINING SMALL CLASS SIZES, EMPHASIZING MEANINGFUL STUDENT-TEACHER RELATIONSHIPS AND FOSTERING AN INCLUSIVE, NURTURING COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,023,599 | ExpenseAmt |
| Grant | $32,688 | GrantAmt |
| Revenue | $487,368 | RevenueAmt |
| Desc | ISDELL CENTER FOR GLOBAL LEADERSHIP - IN 2014, PACE ACADEMY LAUNCHED THE ISDELL CENTER FOR GLOBAL LEADERSHIP (ICGL), A COLLABORATIVE, CROSS-DIVISIONAL PROGRAM THAT SUPPORTS A WELL-ROUNDED GLOBAL EDUCATION FOR EVERY PACE STUDENT. THE ICGL TAKES THE BUILDING BLOCKS OF THE FIVE-COURSE CURRICULUM AND GIVES STUDENTS IN THE LOWER, MIDDLE AND UPPER SCHOOLS THE OPPORTUNITY TO APPLY THEIR KNOWLEDGE IN WAYS THAT ENABLE THEM TO BECOME ETHICAL, EMPATHETIC, INNOVATIVE, CULTURALLY COMPETENT AND ADAPTABLE CITIZENS OF THE WORLD. FROM THE TIME A STUDENT ENTERS PACE'S DOORS UNTIL GRADUATION, ALL EDUCATIONAL EXPERIENCES ARE VIEWED THROUGH AN OVERARCHING GLOBAL LENS. THE ICGL FOSTERS THIS CULTURE OF GLOBAL LEARNING AND LEADERSHIP BY EXPLORING AN ANNUAL, SCHOOL-WIDE GLOBAL THEME. CURRICULAR, CO-CURRICULAR AND HANDS-ON ACTIVITIES, A SCHOLAR-IN-RESIDENCE PROGRAM, LEADERSHIP FELLOWSHIPS, INTERNSHIPS AND STUDY TOURS SUPPORT EDUCATION AROUND THESE THEMES. IN A TYPICAL YEAR, THE ICGL STUDY TOURS CONSIST OF APPROXIMATELY 20 TRIPS, WITH APPROXIMATELY 225 STUDENTS AND 50 FACULTY/STAFF TRAVLING TO COUNTRIES THROUGHOUT THE WORLD, INCLUDING SOUTH AMERICA, EUROPE, AFRICA, ASIA AND AUSTRALIA. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,319,284 | ExpenseAmt |
| Grant | $104,334 | GrantAmt |
| Revenue | $440,220 | RevenueAmt |
| Desc | STUDENT ACTIVITIES - PACE ACADEMY OFFERS A VARIETY OF STUDENT ACTIVITIES INCLUDING ARTS, DEBATE AND ATHLETICS. OVER 30 YEARS THE PACE DEBATE PROGRAM HAS GROWN INTO A NATIONALLY RECOGNIZED PROGRAM WITH A LONG-STANDING HISTORY OF EXCELLENCE. THE PACE ARTS PROGRAM OFFERS A UNIQUE VARIETY OF PERFORMING AND VISUAL ARTS FOR STUDENTS TO PARTICIPATE IN, AND BOASTS A WORLD CLASS FINE ARTS CENTER. 85% OF UPPER SCHOOL STUDENTS PARTICIPATE IN THE ARTS. UPPER SCHOOL STUDENTS ARE REQUIRED TO COMPLETE SERVICE LEARNING, AND THE AVERAGE GRADUATING SENIOR HAS 90 HOURS OF COMMUNITY SERVICE. THE PACE ATHLETICS PROGRAM CONSISTENTLY PRODUCES CHAMPIONSHIP TEAMS AND ATHLETES, AND APPROXIMATELY 87% OF MIDDLE AND UPPER SCHOOL STUDENTS PLAY ON AT LEAST ONE TEAM. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,588,229 | ExpenseAmt |
| Revenue | $1,132,737 | RevenueAmt |
| Desc | Other programs | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,588,229 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $1,132,737 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $34,960,700 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 142 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 468 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AJ LASHLEY | PersonNm |
| Phone | 4042621345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 WEST PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303272648 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Frederick G Assaf | ||||||||
| Head of School | 40.0 | 0.0 | Yes (X) | $712,603 | $0 | $184,865 | ||
| Syreeta Moseley | ||||||||
| Head of Lower School pre7.1.21 | 40.0 | 0.0 | $357,644 | $0 | $5,019 | Yes (X) | ||
| Aj Lashley | ||||||||
| CFO | 40.0 | 0.0 | Yes (X) | $246,970 | $0 | $31,115 | ||
| Heather L White | ||||||||
| Director of Advancement | 40.0 | 0.0 | $222,623 | $0 | $37,848 | Yes (X) | ||
| Michael Gannon | ||||||||
| Head of Upper School | 40.0 | 0.0 | $192,327 | $0 | $40,698 | Yes (X) | ||
| Graham Anthony | ||||||||
| Head of Middle School | 40.0 | 0.0 | $157,641 | $0 | $21,714 | Yes (X) | ||
| Jennifer McGurn | ||||||||
| Director of Admissions | 40.0 | 0.0 | $141,092 | $0 | $31,324 | Yes (X) | ||
| Dan Brooks | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Ronnie Brown | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Bruce Carroll | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Marisa Chin Yee | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Elizabeth Correll Richards | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Kenneth Crumley | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Steven J DeFrancis | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Heather Dexter | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Mike Doheny | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Daniel J Ferry | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Reid T Funston | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Derek J Hardesty | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Charles B Hastie | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Amy Hertz Agami | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Cara Isdell Lee | ||||||||
| Trustee (leave of absence) | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Dr Michele M Johnson | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Wenke Lee | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Jessica Levenson | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Lauren Linder | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Jim Maske | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Joseph L Mathias IV | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Ted McMullan | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Bijon Memar | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Caren Merlin | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Beatriz R Perez | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Bill Selmon | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Douglas R Shanley-Balyeat | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Gregory McKittrick Simmons Jr | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Sandeep Soni | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Natasha Swann | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Cameron M Bready | ||||||||
| Trustee | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,030,900 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $352,583 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FLIK | |||||
| 2 International Drive | RYE BROOK | NY | 10573 | Food Catering | $1,342,631 |
| Cleanstar National Inc | |||||
| 1690-B Enterprise Way | MARIETTA | GA | 30067 | Housekeeping | $678,952 |
| Cana Communications | |||||
| 3939 Royal Drive | KENNESAW | GA | 30144 | Technology | $427,749 |
| Bryan Cave | |||||
| 1201 W PEACHTREE ST NW | ATLANTA | GA | 30309 | Legal | $220,025 |
| Envoys Inc | |||||
| 13 Oxford Court | BELLINGHAM | MA | 02019 | Student Travel | $245,670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $379,606 | FundraisingAmt |
| All Other Contributions | $11,157,630 | AllOtherContributionsAmt |
| Noncash Contributions | $1,106,162 | NoncashContributionsAmt |
| Total Contributions | $11,537,236 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $36,060,852 | $36,060,852 |
| AUXILIARY | 611710 | $954,352 | $954,352 |
| OTHER REVENUE | 611710 | $1,105,973 | $1,105,973 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $38,121,177 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $684,719 | TotalRevenueColumnAmt |
| Exclusion | $684,719 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $179,923 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $423,144 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$243,221 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$243,221 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $28,060 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$271,281 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,942,811 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $324,667 | SecuritiesAmt |
| Other | $94,828 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,618,144 | SecuritiesAmt |
| Other | -$94,828 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,523,316 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$94,828 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,618,144 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $226,565 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $379,606 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $159,518 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,047 | TotalRevenueColumnAmt |
| Exclusion | $67,047 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $161,486 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $117,320 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,166 | TotalRevenueColumnAmt |
| Exclusion | $44,166 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,734,440 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,026,349 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $28,060 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,142,795 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,813,600 | TotalAmt |
| Program Services | $2,813,600 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,087,239 | TotalAmt |
| Program Services | $198,425 | ProgramServicesAmt |
| Management And General | $690,389 | ManagementAndGeneralAmt |
| Fundraising | $198,425 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,810,489 | TotalAmt |
| Program Services | $15,800,294 | ProgramServicesAmt |
| Management And General | $1,181,801 | ManagementAndGeneralAmt |
| Fundraising | $828,394 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,026,120 | TotalAmt |
| Program Services | $748,297 | ProgramServicesAmt |
| Management And General | $236,315 | ManagementAndGeneralAmt |
| Fundraising | $41,508 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,499,042 | TotalAmt |
| Program Services | $2,312,973 | ProgramServicesAmt |
| Management And General | $60,648 | ManagementAndGeneralAmt |
| Fundraising | $125,421 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,323,424 | TotalAmt |
| Program Services | $1,022,062 | ProgramServicesAmt |
| Management And General | $250,073 | ManagementAndGeneralAmt |
| Fundraising | $51,289 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,314 | TotalAmt |
| Management And General | $308,314 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,950 | TotalAmt |
| Management And General | $50,950 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,832 | TotalAmt |
| Management And General | $166,832 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,312 | TotalAmt |
| Management And General | $96,312 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,813 | TotalAmt |
| Program Services | $98,036 | ProgramServicesAmt |
| Management And General | $8,810 | ManagementAndGeneralAmt |
| Fundraising | $15,967 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $879,451 | TotalAmt |
| Program Services | $598,364 | ProgramServicesAmt |
| Management And General | $209,556 | ManagementAndGeneralAmt |
| Fundraising | $71,531 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,737 | TotalAmt |
| Program Services | $116,527 | ProgramServicesAmt |
| Management And General | $34,146 | ManagementAndGeneralAmt |
| Fundraising | $5,064 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,422,697 | TotalAmt |
| Program Services | $2,205,259 | ProgramServicesAmt |
| Management And General | $209,837 | ManagementAndGeneralAmt |
| Fundraising | $7,601 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $599,345 | TotalAmt |
| Program Services | $599,345 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,897 | TotalAmt |
| Program Services | $166,595 | ProgramServicesAmt |
| Management And General | $27,445 | ManagementAndGeneralAmt |
| Fundraising | $3,857 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,466 | TotalAmt |
| Program Services | $206,524 | ProgramServicesAmt |
| Management And General | $14,260 | ManagementAndGeneralAmt |
| Fundraising | $682 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,874,973 | TotalAmt |
| Program Services | $3,613,591 | ProgramServicesAmt |
| Management And General | $249,450 | ManagementAndGeneralAmt |
| Fundraising | $11,932 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $469,571 | TotalAmt |
| Program Services | $437,676 | ProgramServicesAmt |
| Management And General | $30,411 | ManagementAndGeneralAmt |
| Fundraising | $1,484 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT ACTIVITIES | $1,651,830 | $1,651,830 | ||
| FOOD SERVICE | $1,201,146 | $1,178,763 | $15,220 | $7,163 |
| INSTRUCTIONAL SUPPLIES | $482,732 | $482,732 | ||
| EVENTS, ENTERTAINMENT, & HOSPI | $633,799 | $279,219 | $182,757 | $171,823 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,723,493 | TotalAmt |
| Program Services | $430,588 | ProgramServicesAmt |
| Management And General | $1,188,143 | ManagementAndGeneralAmt |
| Fundraising | $104,762 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,819,272 | TotalAmt |
| Program Services | $34,960,700 | ProgramServicesAmt |
| Management And General | $5,211,669 | ManagementAndGeneralAmt |
| Fundraising | $1,646,903 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $504 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,338,318 | BOYAmt |
| EOY | $38,067,787 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,481,930 | BOYAmt |
| EOY | $14,261,660 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,636,479 | BOYAmt |
| EOY | $6,627,525 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,702 | BOYAmt |
| EOY | $41,352 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,081,510 | BOYAmt |
| EOY | $2,326,477 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $137,801,311 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,383,149 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,625,098 | BOYAmt |
| EOY | $94,418,162 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,288,021 | BOYAmt |
| EOY | $34,795,211 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,965,159 | BOYAmt |
| EOY | $15,289,969 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,472,717 | BOYAmt |
| EOY | $205,828,647 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,487,832 | BOYAmt |
| EOY | $3,343,321 | 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 | $24,033,560 | BOYAmt |
| EOY | $25,959,230 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $15,050,000 | BOYAmt |
| EOY | $13,305,853 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $231,568 | BOYAmt |
| EOY | $263,044 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,802,960 | BOYAmt |
| EOY | $42,871,448 | 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 | $135,779,479 | BOYAmt |
| EOY | $136,145,959 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,890,278 | BOYAmt |
| EOY | $26,811,240 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,669,757 | BOYAmt |
| EOY | $162,957,199 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,472,717 | BOYAmt |
| EOY | $205,828,647 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $10,915,168 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$10,495,939 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$131,787 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,313,589 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,901,983 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,621,909 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,030,982 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,537,236 | CurrentTaxYearAmt |
| Total | $43,405,699 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,313,589 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,901,983 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,621,909 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,030,982 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,537,236 | CurrentTaxYearAmt |
| Total | $43,405,699 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,378,731 | SubstantialContributorsTotAmt |
| Public Support Total170 | $38,026,968 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $757,599 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,149,254 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,016,195 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $728,316 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $832,900 | CurrentTaxYearAmt |
| Total | $4,484,264 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,097 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $3,759 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,045 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,060 | CurrentTaxYearAmt |
| Total | $51,961 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $47,941,924 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $170,269,332 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.79319 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75484 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $61,713,782 | BeginningYearBalanceAmt |
| Contributions | $66,240 | ContributionsAmt |
| Investment Earnings Or Losses | -$7,351,302 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $155,696 | GrantsOrScholarshipsAmt |
| Other Expenditures | $168,971 | OtherExpendituresAmt |
| End Year Balance | $54,104,053 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,144,347 | BeginningYearBalanceAmt |
| Contributions | $71,331 | ContributionsAmt |
| Investment Earnings Or Losses | $13,934,116 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $149,273 | GrantsOrScholarshipsAmt |
| Other Expenditures | $150,937 | OtherExpendituresAmt |
| Administrative Expenses | $135,802 | AdministrativeExpensesAmt |
| End Year Balance | $61,713,782 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,711,363 | BeginningYearBalanceAmt |
| Contributions | $141,067 | ContributionsAmt |
| Investment Earnings Or Losses | $717,367 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $149,050 | GrantsOrScholarshipsAmt |
| Other Expenditures | $147,448 | OtherExpendituresAmt |
| Administrative Expenses | $128,952 | AdministrativeExpensesAmt |
| End Year Balance | $48,144,347 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,128,898 | BeginningYearBalanceAmt |
| Contributions | $10,097,500 | ContributionsAmt |
| Investment Earnings Or Losses | $2,887,993 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $145,267 | GrantsOrScholarshipsAmt |
| Other Expenditures | $142,761 | OtherExpendituresAmt |
| Administrative Expenses | $115,000 | AdministrativeExpensesAmt |
| End Year Balance | $47,711,363 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,272,059 | BeginningYearBalanceAmt |
| Contributions | $90,093 | ContributionsAmt |
| Investment Earnings Or Losses | $2,139,585 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $280,142 | OtherExpendituresAmt |
| Administrative Expenses | $92,697 | AdministrativeExpensesAmt |
| End Year Balance | $35,128,898 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.78700 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.15200 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.06100 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,106,065 | OtherCostOrOtherBasisAmt |
| Book Value | $9,106,065 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $118,646,513 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,237,116 | DepreciationAmt |
| Book Value | $80,409,397 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,548,823 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,975,780 | DepreciationAmt |
| Book Value | $4,573,043 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $499,911 | OtherCostOrOtherBasisAmt |
| Depreciation | $170,254 | DepreciationAmt |
| Book Value | $329,657 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $94,418,162 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INVESTMENTS | $6,640,897 | F |
| FIXED INCOME FUNDS | $8,649,072 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $15,289,969 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AGENCY ACCOUNTS | Desc |
| Amt | $263,044 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $263,044 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,870,817 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$10,495,939 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $74,842 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$10,421,097 | RevenueNotReportedAmt |
| Revenue Subtotal | $50,291,914 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $166,832 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $2,275,694 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,442,526 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $52,734,440 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,583,371 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $74,842 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $74,842 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,508,529 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $166,832 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,143,911 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,310,743 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,819,272 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4 | ENDOWMENTS CONSISTS OF 33 DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR VARIOUS PURPOSES INCLUDING FINANCIAL AID, FACULTY DEVELOPMENT AND SPECIFIC PROGRAMS AND ACTIVITIES OF PACE. THE ENDOWMENT ALSO INCLUDES BOARD DESIGNATED ENDOWMENT FUNDS FOR VARIOUS PURPOSES SUCH AS LONG-TERM INVESTMENT AND PROVISION FOR PLANT REPLACEMENT, RENEWAL AND SPECIAL MAINTENANCE. |
| PART X, LINE 2 | Pace was incorporated in 1958 as a Georgia not-for-profit corporation, and is exempt from Federal income tax under the provisions of Section 501(a) of the Internal Revenue Code (the "Code"), as an organization described in Section 501(c)(3) of the Code of 1986, as amended. Accordingly, Pace is exempt from federal income taxes except for any unrelated business income which is subject to unrelated business income tax. 943 Gatewood Court, LLC, 944 Gatewood Court, LLC, 3463 Rilman Road, LLC, and Knights Riverview, LLC are considered disregarded entities for income tax purposes. Pace annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions Pace takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, Pace is subject to examination by the federal and state taxing authorities. In general, Pace is no longer subject to tax examinations for tax years ending before June 30, 2019. |
| PART XI, LINE 4B | $ 2,676,578 Financial Aid Deducted from revenue on financial statements 167,316 Capital campaign costs (117,320) Cost of sales from campus store and snack bar (159,519) FUNDRAISING EVENT DIRECT EXPENSES (423,144) RENTAL EXpenses 131,783 PRIOR YEAR BAD DEBT ------------ $ 2,275,694 NET ADJUSTMENT |
| PART XII, LINE 4B | $ 2,676,578 Financial Aid Deducted from revenue on financial statements 167,316 Capital campaign costs (117,320) Cost of sales from campus store and snack bar (159,519) FUNDRAISING EVENT DIRECT EXPENSES (423,144) RENTAL EXpenses ------------ $ 2,143,911 NET ADJUSTMENT |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | STUDENT APPLICATIONS AND STUDENT HANDBOOK AS WELL AS EMPLOYEE COMMUNICATIONS CONTAIN INFORMATION RELATED TO THE SCHOOL'S NONDISCRIMINATORY POLICIES. IN ADDITION, THE POLICY IS ON THE SCHOOL'S WEBSITE. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Auction | Event1Nm |
| Gross Receipts Event1 | $485,192 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $320,335 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $164,857 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $19,431 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $28,300 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $16,663 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $34,310 | OtherDirectExpensesEvent1Amt |
| Event2 | Fall Fair | Event2Nm |
| Gross Receipts Event2 | $70,031 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $34,725 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $35,306 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $4,050 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $11,955 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $411 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $325 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $31,072 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $50,948 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $24,546 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $26,402 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $5,080 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $3,154 | RentFcltyCostsOtherEventsAmt |
| Entertainment Other Events | $1,601 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $3,167 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $606,171 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $379,606 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $226,565 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $9,130 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $34,540 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $28,711 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $18,589 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $68,549 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $159,519 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $67,046 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| Needs based assistance | 171 | $2,658,828 | fmv | see stmt |
| Merit Awards | 28 | $17,750 | FMV | see stmt |
| Needs based Assistance - fees | 146 | $137,022 | fmv | see stmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2 | ALL STUDENTS AND APPLICANTS ARE ELIGIBLE TO APPLY FOR FINANCIAL ASSISTaNCE. A SEPARATE APPLICATION IS REQUIRED, AND STUDENTS MUST REAPPLY EACH SCHOOL YEAR. FINANCIAL ASSISTANCE IS AWARDED TO QUALIFYING STUDENTS IN PRE-FIRST THROUGH 12TH GRADE. DEMONSTRATED NEED IS CALCULATED BY PACE AND STUDENT SERVICE FOR FINANCIAL AID (SSS), AN IMPARTIAL SERVICE IN PRINCETON, NJ. ONCE SSS MAKES ITS DETERMINATION, PACE MAKES EVERY EFFORT TO MEET A FAMILY'S TOTAL DEMONSTRATED NEED, BUT IS NOT ALLOWED BY THE GEORGIA HIGH SCHOOL ASSOCIATION (GHSA) TO EXCEED IT. |
| PART III, LINE 1, COL (F) | THE NON-CASH FINANCIAL AID IS A REDUCTION IN TUTION AND OTHER FEES TO THE STUDENT DETERMINED ON A NEED BASIS. Merit awards recipients are selected by committee in accordance with endowment guidelines. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Graham Anthony | ||||||||||||||
| Head of Middle School | $155,425 | $0 | $2,000 | $0 | $216 | $0 | $9,597 | $0 | $12,826 | $0 | $180,064 | $0 | $0 | $0 |
| Michael Gannon | ||||||||||||||
| Head of Upper School | $187,775 | $0 | $4,000 | $0 | $552 | $0 | $17,392 | $0 | $24,091 | $0 | $233,810 | $0 | $0 | $0 |
| Aj Lashley | ||||||||||||||
| CFO | $242,730 | $0 | $4,000 | $0 | $240 | $0 | $17,998 | $0 | $13,902 | $0 | $278,870 | $0 | $0 | $0 |
| Frederick G Assaf | ||||||||||||||
| Head of School | $488,446 | $0 | $20,000 | $0 | $204,157 | $0 | $23,200 | $0 | $162,450 | $0 | $898,253 | $0 | $0 | $0 |
| Jennifer McGurn | ||||||||||||||
| Director of Admissions | $138,232 | $0 | $2,500 | $0 | $360 | $0 | $8,988 | $0 | $23,025 | $0 | $173,105 | $0 | $0 | $0 |
| Syreeta Moseley | ||||||||||||||
| Head of Lower School pre7.1.21 | $79,596 | $0 | $1,000 | $0 | $277,048 | $0 | $5,019 | $0 | $354 | $0 | $363,017 | $0 | $0 | $0 |
| Heather L White | ||||||||||||||
| Director of Advancement | $197,875 | $0 | $0 | $0 | $24,748 | $0 | $12,545 | $0 | $26,088 | $0 | $261,256 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: The Head of School has income reported to him for the amount of tuition remission and college tuition he receives along with the corresponding amount of related income tax. HOUSING ASSISTANCE: As a condition of employment and for the conveniences of the school, the Head of School is required to reside in campus housing. Based on the facts and circumstances of the requirements of his respective role and responsibilities, it is the opinion of the School that the housing cost is non-taxable to the Head of School. Section 119 of the Internal Revenue Code is reviewed annually to determine the applicability and compliance with this section. PERSONAL SERVICES: Cleaning services and maintenance are provided for the Head of School's residence. |
| PART I, LINE 3 | The Compensation Committee (Board Chair, Board Vice-Chair, and Finance Committee Chairman) reviews salaries from other peer independent schools, reports from the National Association of Independent Schools, and other sources in developing compensation for the Head of School. Substantiation is contemporaneous between the compensation committee and the CFO to Keep on file. |
| Part I, Line 4A | SYREETA MOSELEY, FORMER HEAD OF LOWER SCHOOL, RECEIVED A SEVERANCE PAYMENT OF $273,807 DURING CALENDAR YEAR 2021. |
| Part I, Line 7 | NONFIXED BONUSES ARE PAID AT THE DISCRETION AND APPROVAL OF THE HEAD OF SCHOOL AND THE BOARD CHAIR. THEY ARE NOT TIED TO REVENUES. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 45 | ContributionCnt |
| Noncash Contributions Rpt F990 | $941,924 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVERAGE HIGH/LOW | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Donated Auction Items (Keeping Pace) | 39 | $12,430 | FMV |
| Yes (X) | Donated Auction Items (Parents Club Auction) | 245 | $151,808 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN B | PART I, COLUMN B REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| PART I, LINE 31 | THE SCHOOL HAS GIFT ACCEPTANCE AND DISPOSITION POLICIES IN PLACE THAT WERE IMPLEMENTED IN MAY 2004. IT INCLUDES A COMMITTEE CHARGED WITH COMPLYING WITH APPLICABLE LAWS AND REGULATIONS. ACCEPTANCE AUTHORITY FOR PUBLICLY TRADED SECURITIES, QUID PRO QUO CONTRIBUTIONS, MUTUAL FUND SHARES, CLOSELY HELD SECURITIES, TANGIBLE PERSONAL PROPERTY, REAL ESTATE, AND LIFE INSURANCE POLICIES ARE SPECIFICALLY IDENTIFIED FOR SPECIAL RULES. |
| Part I, Line 32B | Pace has an account with CIBC where donated securities are deposited by the donor. CIBC then sells the securities and deposits the proceeds, net of fees, in Pace's operating account. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4D | Other program services include summer programs, campus store and snack bar, parent organizations, and Keeping Pace. Pace Summer Programs offers programming to keep Pace students and students from the community active and engaged when school is not in session. Options include summer day camps; specialty programs and workshops; athletic camps and clinics; and academic enrichment opportunities. Pace Summer Programs serves approximately 1,000 students each year. Pace's Campus Store is the source for team gear, custom apparel and Pace spirit items, and the Snack Bar serves Pace students, faculty, staff, and campus visitors on a daily basis as well as serving as a concession stand for athletic events on campus. Pace's parent organizations include the Parents Club, Booster Club, Arts Alliance and Alumni Association. These groups support the Pace students, faculty and staff through a variety of volunteer and fundraising services every year. Keeping Pace is an outreach program that provides a four week summer program for underserved youth in partner neighborhoods, and includes academic support and tutoring, leadership training, health and fitness, and recreational activities. |
| PART VI, LINE 11B | The Finance Committee of the Board of Trustees reviews the Form 990 as a committee. Once it is approved, a full and complete government copy is furnished to all trustees for their review prior to filing with the Internal Revenue Service. |
| PART VI, LINE 12C | The Board of Trustees requires that all members complete an annual statement regarding any conflict of interest as defined within the policy statement for conflict of interest. This pledge is to uphold a duty of confidentiality and avoidance of any conflict of interest. |
| PART VI, LINES 15A & 15B | The Board of Trustees has a Compensation Committee that determines the CEO's compensation. The Compensation Committee reviews the salary information of other schools based on peer benchmarks when considering the salary of the Headmaster (CEO). The Board Chair provides contemporaneous documentation to the CFO which is kept on file. The Headmaster and CFO review similar information when determining salaries for other officers and highly compensated employees. |
| PART VI, LINE 19 | Governing documents can be accessed through the website for the Secretary of State of Georgia and are readily available. The School's conflict of interest policy and latest audited financial statement are available upon request during business hours from the Business Office with appropriate consideration for time to accumulate and meet such requests. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|
| KNIGHTS RIVERVIEW LLC | |||||||||
| 966 WEST PACES FERRY ROAD | ATLANTA | GA | 30327 | SEE PART VII | GA | $0 | $0 | SEE PART VII | |
| 943 Gatewood court llc | |||||||||
| 966 West Paces Ferry Road NW | Atlanta | GA | 30327 | SEE Part VII | GA | $42,000 | $1,340,075 | N/A | |
| 3463 Rilman road llc | |||||||||
| 966 West Paces Ferry Road NW | atlanta | GA | 30327 | SEE Part VII | GA | $0 | $1,029,825 | N/A | |
| 944 Gatewood Court LLC | |||||||||
| 966 West Paces Ferry Road NW | atlanta | GA | 30327 | see part VII | GA | $40,709 | $1,758,851 | N/A | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1 | FormAndLineReferenceDesc |
| Explanation | KNIGHTS RIVERVIEW, LLC PRIMARY ACTIVITY: ASSIST IN CARRYING OUT THE MISSION OF THE SCHOOL DIRECT CONTROLLING ENTITY: PACE ACADEMY, INC. 943 Gatewood Court, LLC Primary Activity: Real Estate Investment 3463 Rilman Road, LLC Primary Activity: Real Estate Investment 944 Gatewood Court, LLC Primary Activity: Real Estate Investment | ExplanationTxt |
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