CENTRAL PA YOUTH BALLET: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CENTRAL PA YOUTH BALLET (EIN 23-1971982)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-07-12
- IRS object ID
- 202301939349300135
- Schema version
- 2021v4.0
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-07-12T11:36:36-04:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 233022325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZELENKOFSKE AXELROD LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 TOLLGATE HILL ROAD | AddressLine1Txt |
| City | GREENSBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231971982 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRAL PENNSYLVANIA YOUTH BALLET | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CENT | BusinessNameControlTxt |
| Phone | 7176012840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 NORTH ORANGE STREET | AddressLine1Txt |
| City | CARLISLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICHOLAS ADE | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7176012840 | PhoneNum |
| Signature | 2023-07-11 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NICHLOAS | PersonFirstNm |
| Person Last | ADE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JARED C EWING | PreparerPersonNm |
| PTIN | P00596532 | PTIN |
| Phone | 7248342151 | PhoneNum |
| Preparation | 2023-07-11 | PreparationDt |
| 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 | NICHOLAS ADE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 NORTH ORANGE STREET | AddressLine1Txt |
| City | CARLISLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,086,284 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CPYB.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | BALLET / DANCE EDUCATION | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 42 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $960,199 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,625,446 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,888,448 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,406,750 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,154 | PYInvestmentIncomeAmt |
| CY Investment Income | $22,721 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,106 | PYOtherRevenueAmt |
| CY Other Revenue | $31,367 | CYOtherRevenueAmt |
| PY Total Revenue | $2,863,907 | PYTotalRevenueAmt |
| CY Total Revenue | $5,086,284 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $167,505 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $179,031 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,019,955 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,257,789 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $211,468 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $982,091 | PYOtherExpensesAmt |
| CY Other Expenses | $1,525,911 | CYOtherExpensesAmt |
| PY Total Expenses | $2,169,551 | PYTotalExpensesAmt |
| CY Total Expenses | $2,962,731 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $694,356 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,123,553 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,952,312 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,535,184 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,450,902 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $951,501 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,501,410 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,583,683 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ESTABLISHED IN 1955 BY FOUNDING ARTISTIC DIRECTOR MARCIA DALE WEARY, CENTRAL PENNSYLVANIA YOUTH BALLET (CPYB) IS A NATIONALLY AND INTERNATIONALLY RECOGNIZED SCHOOL OF CLASSICAL (CONTINUED ON SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,294,217 | ExpenseAmt |
| Grant | $179,031 | GrantAmt |
| Revenue | $2,406,750 | RevenueAmt |
| Desc | CPYB IS FIRST AN EDUCATIONAL CENTER DRAWING STUDENTS FROM ACROSS THE NATION AND AROUND THE WORLD TO ITS ACADEMIC YEAR AND SUMMER CLASSICAL BALLET TRAINING PROGRAMS. ACCOMPLISHED FACULTY, EQUIPPED WITH A PROVEN CURRICULUM, TEACH STUDENTS IN THE SCHOOL'S PRESCHOOL, PRIMARY, AND PRE PROFESSIONAL DIVISIONS WITH EACH PROGRAM CHALLENGING STUDENTS AND SUPPORTING THEIR PHYSICAL, MENTAL, ARTISTIC, AND EMOTIONAL DEVELOPMENT CONSISTENT WITH THAT LEVEL. SUMMER BALLET PROGRAM STUDENTS PARTICIPATE IN A COMPREHENSIVE CURRICULUM THAT BRINGS TOGETHER THE FINEST IN TECHNIQUE, STRENGTHENING, AND ARTISTRY. PERFORMANCE OPPORTUNITIES, CRUCIAL IN THE TRAINING OF A YOUNG DANCER, PROVIDE ACADEMIC YEAR STUDENTS WITH EXPERIENCE IN WORKING WITH CHOREOGRAPHERS ACROSS A BROAD RANGE OF REPERTORY. | Desc |
| Total Program Service Expenses | $2,294,217 | 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 | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 | false | 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 | false | 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 | 67 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| 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 | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | 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 | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICHOLAS ADE | PersonNm |
| Phone | 7176012840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 NORTH ORANGE STREET | AddressLine1Txt |
| City | CARLISLE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17013 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| NICHOLAS ADE | |||||||
| CEO | 50.00 | Yes (X) | Yes (X) | $126,831 | $0 | $22,798 | |
| DARLA HOOVER | |||||||
| ARTISTIC DIR | 50.00 | $108,348 | $0 | $4,638 | Yes (X) | ||
| HUGH ABERMAN | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| ADITYA SHARMA MD MBA FACC | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW FOSS | |||||||
| VICE PRESIDE | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MIMI GOODLING | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD GRELL | |||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT HERVEY | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL J MADIO II | |||||||
| PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVEN H KAUFMAN | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW KRISE | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MORGAN LOWE | |||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KRISTEN OLEWINE MILKE | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD MOWERY | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY SCHROEDER | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MARISSA SHOLLENBERGER | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| TERESA N SLOCOMB | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| NEIL WEISSMAN | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSANNA X ZHU | |||||||
| BOARD MEMBER | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $235,179 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $27,436 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $29,733 | FundraisingAmt |
| Government Grants | $2,112,478 | GovernmentGrantsAmt |
| All Other Contributions | $483,235 | AllOtherContributionsAmt |
| Noncash Contributions | $40,533 | NoncashContributionsAmt |
| Total Contributions | $2,625,446 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 711120 | $1,512,528 | $1,512,528 |
| SUMMER PROGRAM BOARD | 711120 | $661,500 | $661,500 |
| PRODUCTION & PERFORMANCE FEES | 711120 | $224,180 | $224,180 |
| STUDIO RENTAL | 711120 | $8,542 | $8,542 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,406,750 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,943 | TotalRevenueColumnAmt |
| Exclusion | $16,943 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,778 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,778 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,778 | TotalRevenueColumnAmt |
| Exclusion | $5,778 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $16,601 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $29,733 | ContriRptFundraisingEventAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,601 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $14,766 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,766 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $14,766 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,086,284 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,421,516 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $22,721 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,031 | TotalAmt |
| Program Services | $179,031 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,835 | TotalAmt |
| Program Services | $109,085 | ProgramServicesAmt |
| Management And General | $31,167 | ManagementAndGeneralAmt |
| Fundraising | $15,583 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $951,401 | TotalAmt |
| Program Services | $665,980 | ProgramServicesAmt |
| Management And General | $190,281 | ManagementAndGeneralAmt |
| Fundraising | $95,140 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,402 | TotalAmt |
| Program Services | $18,558 | ProgramServicesAmt |
| Management And General | $4,880 | ManagementAndGeneralAmt |
| Fundraising | $964 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,722 | TotalAmt |
| Program Services | $39,593 | ProgramServicesAmt |
| Management And General | $10,344 | ManagementAndGeneralAmt |
| Fundraising | $1,785 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,429 | TotalAmt |
| Program Services | $55,822 | ProgramServicesAmt |
| Management And General | $14,886 | ManagementAndGeneralAmt |
| Fundraising | $3,721 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,771 | TotalAmt |
| Management And General | $120,771 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,857 | TotalAmt |
| Management And General | $39,857 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,483 | TotalAmt |
| Program Services | $140,387 | ProgramServicesAmt |
| Fundraising | $35,096 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,251 | TotalAmt |
| Program Services | $9,188 | ProgramServicesAmt |
| Management And General | $2,450 | ManagementAndGeneralAmt |
| Fundraising | $613 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,073 | TotalAmt |
| Program Services | $138,310 | ProgramServicesAmt |
| Management And General | $4,322 | ManagementAndGeneralAmt |
| Fundraising | $1,441 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,495 | TotalAmt |
| Program Services | $7,121 | ProgramServicesAmt |
| Management And General | $1,899 | ManagementAndGeneralAmt |
| Fundraising | $475 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,596 | TotalAmt |
| Program Services | $87,836 | ProgramServicesAmt |
| Management And General | $9,760 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,848 | TotalAmt |
| Program Services | $23,136 | ProgramServicesAmt |
| Management And General | $6,170 | ManagementAndGeneralAmt |
| Fundraising | $1,542 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUMMER PROGRAM | $477,815 | $477,815 | ||
| SUMMER STAFF | $176,261 | $176,261 | ||
| PRODUCTION EXPENSES | $76,347 | $76,347 | ||
| MISCELLANEOUS | $59,986 | $32,309 | $5,535 | $22,142 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,128 | TotalAmt |
| Program Services | $57,438 | ProgramServicesAmt |
| Management And General | $14,724 | ManagementAndGeneralAmt |
| Fundraising | $32,966 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,962,731 | TotalAmt |
| Program Services | $2,294,217 | ProgramServicesAmt |
| Management And General | $457,046 | ManagementAndGeneralAmt |
| Fundraising | $211,468 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300 | BOYAmt |
| EOY | $300 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,003,302 | BOYAmt |
| EOY | $1,705,989 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $676,751 | BOYAmt |
| EOY | $540,013 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,729 | BOYAmt |
| EOY | $2,180 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,650 | BOYAmt |
| EOY | $8,650 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,316 | BOYAmt |
| EOY | $29,839 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,906,384 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,924,700 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $941,274 | BOYAmt |
| EOY | $4,981,684 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $297,990 | BOYAmt |
| EOY | $266,529 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,952,312 | BOYAmt |
| EOY | $7,535,184 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,186 | BOYAmt |
| EOY | $375,353 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,398 | BOYAmt |
| EOY | $77,345 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,859 | BOYAmt |
| EOY | $498,803 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,235,459 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,450,902 | BOYAmt |
| EOY | $951,501 | 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 | $2,122,361 | BOYAmt |
| EOY | $5,985,122 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,379,049 | BOYAmt |
| EOY | $598,561 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,501,410 | BOYAmt |
| EOY | $6,583,683 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,952,312 | BOYAmt |
| EOY | $7,535,184 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,123,553 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$41,280 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
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 | $297,990 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$30,943 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $518 | AdministrativeExpensesAmt |
| End Year Balance | $266,529 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $285,451 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $13,181 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $642 | AdministrativeExpensesAmt |
| End Year Balance | $297,990 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $259,017 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $26,947 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $513 | AdministrativeExpensesAmt |
| End Year Balance | $285,451 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $244,492 | BeginningYearBalanceAmt |
| Contributions | $100 | ContributionsAmt |
| Investment Earnings Or Losses | $14,925 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $500 | AdministrativeExpensesAmt |
| End Year Balance | $259,017 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $220,839 | BeginningYearBalanceAmt |
| Contributions | $418 | ContributionsAmt |
| Investment Earnings Or Losses | $23,729 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $494 | AdministrativeExpensesAmt |
| End Year Balance | $244,492 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.12000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.88000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,656,217 | OtherCostOrOtherBasisAmt |
| Depreciation | $954,106 | DepreciationAmt |
| Book Value | $702,111 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $152,110 | OtherCostOrOtherBasisAmt |
| Depreciation | $105,543 | DepreciationAmt |
| Book Value | $46,567 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,098,057 | OtherCostOrOtherBasisAmt |
| Depreciation | $865,051 | DepreciationAmt |
| Book Value | $4,233,006 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,981,684 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,149,764 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$41,280 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $104,760 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $63,480 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,086,284 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $5,086,284 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,067,491 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $104,760 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $104,760 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,962,731 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,962,731 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | ON NOVEMBER 12, 2013, THE ORGANIZATION CREATED THE CPYB ENDOWMENT FUND. WHICH IS CLASSIFIED ON THE BALANCE SHEET AS CASH AND INVESTMENTS. THE ENDOWMENT INCLUDES ONLY DONOR RESTRICTED ENDOWMENT FUNDS WHICH WILL SUPPORT OPERATIONS. |
| SCHEDULE D, PAGE 3, PART X | THE BALLET IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE PENNSYLVANIA NONPROFIT CORPORATION LAW. FURTHER, THE CORPORATION ANNUAL FILES A FORM 990, AS APPLICABLE. THE FORM FILED IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY FOR THREE YEARS AFTER IT IS FILED. MANAGEMENT ASSERTS THAT THEY HAVE NO UNCERTAIN TAX POSITIONS REQUIRING THE ESTABLISHMENT OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
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 | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | NONDISCRIMINATION POLICY IS LISTED IN VARIOUS NEWSPAPER ADVERTISEMENTS, BROCHURES, AND PROMOTIONAL MATERIALS. |
| SCHEDULE E, LINE 6 | CPYB RECEIVED A SHUTTERED VENUE OPERATOR'S GRANT RELATED TO THE ORGANIZATION'S ACTIVITIES FOR THE YEAR ENDING AUGUST 31, 2022. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FUNDRAISING EVE | Event1Nm |
| Gross Receipts Event1 | $46,334 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $29,733 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $16,601 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $46,334 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $29,733 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $16,601 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $16,601 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | Cash GrantCashGrantAmt |
|---|---|
| SCHOLARSHIPS | $101,985 |
| DISCOUNTED TUITION | $77,046 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | GRANTS DISTRIBUTED BY THE ORGANIZATION ARE APPLIED DIRECTLY AGAINST THE STUDENTS' TUITION. FUNDS ARE NOT EVER PAID DIRECTLY TO THE RECIPIENT. THE RECIPIENT IS NOTIFIED OF THE SCHOLARSHIP BY WRITTEN COMMUNICATION. ADDITIONALLY, THE ORGANIZATION PROVIDES A DISCOUNT TO FAMILIES WITH MORE THAN ONE MEMBER PARTICIPATING IN THE PROGRAM. THE ORGANIZATION UNDERSTANDS THE STRAIN ON FINANCES OF MULTIPLE FAMILY MEMBERS PARTICIPATING IN THE PROGRAM AND THIS PROVIDES SOME RELIEF. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | EQUIP/SUPPLIES | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $40,533 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III | LINE 1 BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION (CONTINUED): BALLET HEADQUARTERED IN CARLISLE, PA. OUR THREE FOLD MISSION IS TO INSPIRE, EDUCATEI, AND ENRICH THE LIVES OF OUR STUDENTS AND THE REGION THROUGH TRAINING IN AND THE PERFORMANCE OF CLASSICAL BALLET. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT OF THE 990 IS PROVIDED TO THE TREASURER AND PRESIDENT FOR THOROUGH REVIEW, THEN AFTER ADJUSTMENTS ARE MADE, THE DRAFT IS PRESENTED TO THE BOARD AND APPROVED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE YEARLY IN SEPTEMBER. MANAGEMENT COLLECTS THOSE FORMS AND NOTES ANY IDENTIFIED RELATED PARTIES TO MONITOR TRANSACTIONS THROUGHOUT THE YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE REVIEW OF COMPENSATION ARRANGEMENT SHALL BE BY THE BOARD. THE BOARD SHALL BE COMPRISED OF THOSE BOARD MEMBERS WHO ARE DISINTERESTED AND DETACHED FROM THE DISQUALIFIED PERSON INVOLVED IN THE TRANSACTION. THE MEMBERS OF THE BOARD MAY NOT HAVE ANY PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENT. SINCE THE BOARD SHALL BE DISINTERSTED, THE BOARD MAY BE DIFFERENTLY CONSTITUTED DEPENDING UPON THE TRANSACTION ARRANGEMENT UNDER REVIEW. A SUBORDINATE OF A DISQUALIFIED PERSON MAY NOT SIT ON THE BOARD WHEN THE DISQUALIFIED PERSON'S COMPENSATION ARRANGEMENT IS UNDER REVIEW. COMPENSATION ARRANGEMENTS. THE DATA SHALL INCLUDE BUT IS NOT LIMITED TO: 1. INDUSTRY SURVEYS; 2. DOCUMENTED COMPENSATION OF PERSONS IN SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. (E.G. DATA CAN BE OBTAINED BY DOCUMENTED PHONE CALLS); OR 3. COMPENSATION STUDIES. IF AN OUTSIDE CONSULTANT IS USED TO PERFORM A COMPENSATION STUDY OR TO DETERMINE THE REASONABLENESS OF THE COMPENSATION, THE CONSULTANTS SHOULD BE "TRULY" INDEPENDENT, E.G., NOT HAD DEALINGS WITH THE EMPLOYEE IN QUESTION FOR MORE THAN A YEAR, AND PREFERABLY FOR THREE YEARS, AND BE SUPERVISED BY NON-EMPLOYEE MEMBERS OF THE BOARD. WHEN USING COMPENSATION STUDIES, IT IS IMPORTANT THAT THE STUDIES INCLUDE THE FOLLOWING: A COMPLETE LIST OF THE NAMES OF EACH COMPARED ORGANIZATION; - IDENTIFICATION OF EACH COMPARED ORGANIZATION AS FOR-PROFIT OR TAX-EXEMPT; - THE ANNUAL REVENUES OF EACH COMPARED ORGANIZATION; - THE NUMBER OF EMPLOYEES EACH COMPARED ORGANIZATION HAS; - THE STANDARD INDUSTRY CODE OF EACH FOR-PROFIT COMPARED ORGANIZATION; - THE NATIONAL TAXONY OF EXEMPT ENTITIES CODE OF EACH COMPARED EXEMPT ORGANIZATION; AND - A BREAKDOWN OF THE COMPENSATION PACKAGE OF EACH EXECUTIVE IN EACH COMPARED ORGANIZATION INCLUDING CURRENT SALARY, ANNUAL INCENTIVE COMPENSATION, BONUSES, DEFERRED COMPENSATION, LONG-TERM INCENTIVE COMPENSATION, VALUE OF FRINGE BENEFITS, PENSION BENEFITS, SUPPLEMENTAL RETIREMENT BENEFITS, SEVERANCE COMPENSATION, THE VALUE OF STOCK OPTIONS, AND CONSULTING FEES RECEIVED. IT IS THE RESPONSIBILITY OF THE BOARD TO ADEQUATELY DOCUMENT, PREFERABLY IN THE FORM OF MINUTES, THE BASIS FOR ITS DETERMINATION. THIS DOCUMENTATION MUST BE CONCURRENT WITH THE DECISION AND SHALL BE CREATED NO LATER THAN 60 DAYS AFTER THE COMPENSATION APPROVAL. THE DOCUMENTATION MUST INCLUDE THE FOLLOWING: 1. THE TERMS OF THE TRANSACTION AND THE APPROVAL DATE. 2. THE MEMBERS OF THE BOARD WHO WERE IN ATTENDANCE AND THOSE WHO WERE ABSENT AND WHETHER THEY VOTED FOR OR AGAINST THE ARRANGEMENT. 3. THE COMPARABILITY DATA THAT WAS RELIED UPON BY THE BOARD IN MAKING ITS DECISION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SAME PROCESS AS TOP OFFICIAL NARRATIVE ABOVE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS MAY BE OBTAINED AT CPYB'S OFFICE UPON REQUEST. |
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