SPENCE SCHOOL: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SPENCE SCHOOL (EIN 13-1635286)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-12
- IRS object ID
- 202531329349304778
- Schema version
- 2023v6.0
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-12T13:54:56-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 733 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131635286 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SPENCE SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPEN | BusinessNameControlTxt |
| Phone | 2122895940 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 EAST 91ST STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE OREM | PersonNm |
| Person Title | DIRECTOR OF FINANCE & OP. | PersonTitleTxt |
| Phone | 6469436822 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GINA RACHEL | PreparerPersonNm |
| PTIN | P01216293 | PTIN |
| Phone | 2129498700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FELICIA A WILKS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 EAST 91ST STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $65,253,252 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SPENCESCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1928 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE A DIVERSE COMMUNITY OF GIRLS/YOUNG WOMEN FOR THE TRANSFORMATION OF SELF AND THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 405 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $918,398 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $16,837 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,093,282 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,177,522 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $49,201,094 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $50,829,041 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,017,525 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,769,774 | CYInvestmentIncomeAmt |
| PY Other Revenue | $745,766 | PYOtherRevenueAmt |
| CY Other Revenue | $1,325,749 | CYOtherRevenueAmt |
| PY Total Revenue | $58,057,667 | PYTotalRevenueAmt |
| CY Total Revenue | $63,102,086 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,798,750 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,305,820 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $40,527,912 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $41,248,538 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $599 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,505,269 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,944,812 | PYOtherExpensesAmt |
| CY Other Expenses | $20,315,966 | CYOtherExpensesAmt |
| PY Total Expenses | $68,272,073 | PYTotalExpensesAmt |
| CY Total Expenses | $69,870,324 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$10,214,406 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,768,238 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $386,719,759 | TotalAssetsBOYAmt |
| Total Assets EOY | $396,968,006 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $58,981,598 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $60,823,166 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $327,738,161 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $336,144,840 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WITH A COMMITMENT TO ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY, THE SPENCE SCHOOL PREPARES A DIVERSE COMMUNITY OF GIRLS AND YOUNG WOMEN FOR THE LIFELONG TRANSFORMATION OF SELF AND THE WORLD WITH PURPOSE, PASSION AND PERSPECTIVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $59,094,690 | ExpenseAmt |
| Grant | $8,305,820 | GrantAmt |
| Revenue | $50,829,041 | RevenueAmt |
| Desc | THE SPENCE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY DAY SCHOOL PROVIDING AN EDUCATION FOR GIRLS IN GRADES KINDERGARTEN THROUGH 12. | Desc |
| Total Program Service Expenses | $59,094,690 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 147 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 405 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUCE OREM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6469436822 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 EAST 91ST STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| WILLIAM L JACOB III | ||||||||
| PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANAND DESAI | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KIMBERLY KRAVIS | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ARTHUR CHU | ||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HEATHER BERGER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL P CLIFFORD | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| VANESSA CORNELL | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ERICA DESAI | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH DRAYTON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEXIS MCGILL JOHNSON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DANA WALLACH JONES | ||||||||
| TRUSTEE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KATHRYN KOCH | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MEREDITH RUBEL LIPSHER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRYCE MARKUS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| AHRIN MISHAN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANYA HERZ SHIVA | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES SHULMAN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| EMILY SPEYER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSE TAVAREZ | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BROOKE WILLIAMS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DARYL WOUT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT FALLON | ||||||||
| TRUSTEE (AS OF 7/1/23) | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ARIELLE NAGLER SHERRILL | ||||||||
| TRUSTEE (AS OF 7/1/23) | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER SKYLER | ||||||||
| TRUSTEE (AS OF 7/1/23) | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LOLA LADEINDE TEMPLE | ||||||||
| TRUSTEE (AS OF 7/1/23) | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA YVETTE WALLER PHD | ||||||||
| TRUSTEE (AS OF 7/1/23) | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| FELICIA WILKS | ||||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $759,003 | $0 | $112,922 | |||
| BRUCE OREM | ||||||||
| DIRECTOR OF FIN. & OP. | 40.00 | Yes (X) | $492,000 | $0 | $28,946 | |||
| ELLANOR N BRIZENDINE | ||||||||
| HEAD OF SCHOOL (THRU 6/30/23) | 40.00 | Yes (X) | $596,820 | $0 | $131,176 | |||
| ELYSE WATERHOUSE | ||||||||
| DIR. OF FIN. & OP. (THRU 6/30/23) | 40.00 | Yes (X) | $334,280 | $0 | $33,380 | |||
| KAREN SULLIVAN | ||||||||
| HEAD OF MIDDLE SCHOOL | 40.00 | $317,324 | $0 | $43,735 | Yes (X) | |||
| ELIZABETH CAUSEY | ||||||||
| HEAD OF LOWER SCHOOL | 40.00 | $317,274 | $0 | $43,735 | Yes (X) | |||
| RACHAEL FLORES | ||||||||
| HEAD OF UPPER SCHOOL | 40.00 | $256,003 | $0 | $53,047 | Yes (X) | |||
| ERIC ZAHLER | ||||||||
| DIR. OF TEACHING / LEARNING | 40.00 | $307,184 | $0 | $52,271 | Yes (X) | |||
| MICHELE MURPHY | ||||||||
| DIRECTOR OF CURRICULUM | 40.00 | $303,736 | $0 | $56,277 | Yes (X) | |||
| DANA CROWELL | ||||||||
| CO-DIR. OF COLLEGE COUNSEL | 40.00 | $278,438 | $0 | $47,044 | Yes (X) | |||
| EMILY FINCKE | ||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $300,363 | $0 | $41,755 | Yes (X) | |||
| JACOB KOVACH | ||||||||
| DIRECTOR OF INFORMATION TECHNOLOGY | 40.00 | $258,513 | $0 | $52,760 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,520,938 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $697,048 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 131 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NICHOLSON & GALLOWAY INC | |||||
| 261 GLEN HEAD ROAD | GLEN HEAD | NY | 11545 | CONSTRUCTION | $660,749 |
| BUILDING CARE SOLUTIONS INC | |||||
| 38 GLENDALE AVENUE | STATEN ISLAND | NY | 10304 | CLEANING SERVICES | $346,841 |
| GREEN ONE Q CORP | |||||
| PO BOX 580065 | FLUSHING | NY | 113580065 | CLEANING SERVICES | $339,551 |
| MARIO'S TRANSPORTATION INC | |||||
| 225 60TH STREET | BROOKLYN | NY | 11220 | TRANSPORTATION | $310,732 |
| BALDOR SPECIALTY FOODS INC | |||||
| PO BOX 5411 | NEW YORK | NY | 100875411 | FOOD SERVICES | $303,587 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,180,679 | FundraisingAmt |
| Government Grants | $733,162 | GovernmentGrantsAmt |
| All Other Contributions | $4,263,681 | AllOtherContributionsAmt |
| Noncash Contributions | $1,175,414 | NoncashContributionsAmt |
| Total Contributions | $6,177,522 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611710 | $48,468,061 | $48,468,061 |
| AFTERSCHOOL PROGRAM | 611710 | $1,016,875 | $1,016,875 |
| STUDENT FEES | 611710 | $583,719 | $583,719 |
| MUSIC PROGRAM FEES | 611710 | $476,550 | $476,550 |
| OTHER PROGRAM SERVICE REVENUE | 611710 | $283,836 | $283,836 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $50,829,041 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,352,428 | TotalRevenueColumnAmt |
| Exclusion | $3,352,428 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $814,165 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $404,569 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $409,596 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $409,596 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $5,027 | UnrelatedBusinessRevenueAmt |
| Exclusion | $404,569 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,899,345 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,447,037 | SecuritiesAmt |
| Other | $34,962 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,452,308 | SecuritiesAmt |
| Other | -$34,962 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,417,346 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$2,782 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,420,128 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $264,598 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,180,679 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $264,598 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| SQUASH MEMBERSHIP AND OTHER | 531390 | $979,790 | $979,790 |
| PASS THRU GAIN-LTD PARTNERSHIPS | 525990 | -$63,637 | -$63,637 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $916,153 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,102,086 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,829,041 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $918,398 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,177,125 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,305,820 | TotalAmt |
| Program Services | $8,305,820 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,630,043 | TotalAmt |
| Program Services | $3,075,509 | ProgramServicesAmt |
| Management And General | $554,534 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,517,790 | TotalAmt |
| Program Services | $25,194,972 | ProgramServicesAmt |
| Management And General | $1,969,512 | ManagementAndGeneralAmt |
| Fundraising | $1,353,306 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,068,908 | TotalAmt |
| Program Services | $1,852,677 | ProgramServicesAmt |
| Management And General | $142,307 | ManagementAndGeneralAmt |
| Fundraising | $73,924 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,747,935 | TotalAmt |
| Program Services | $4,251,707 | ProgramServicesAmt |
| Management And General | $326,579 | ManagementAndGeneralAmt |
| Fundraising | $169,649 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,283,862 | TotalAmt |
| Program Services | $2,045,165 | ProgramServicesAmt |
| Management And General | $157,092 | ManagementAndGeneralAmt |
| Fundraising | $81,605 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,529 | TotalAmt |
| Management And General | $459,529 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,369 | TotalAmt |
| Management And General | $103,369 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,833 | TotalAmt |
| Management And General | $511,833 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,407,664 | TotalAmt |
| Program Services | $843,664 | ProgramServicesAmt |
| Management And General | $391,468 | ManagementAndGeneralAmt |
| Fundraising | $172,532 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,643 | TotalAmt |
| Program Services | $168,105 | ProgramServicesAmt |
| Management And General | $9,250 | ManagementAndGeneralAmt |
| Fundraising | $257,288 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $910,516 | TotalAmt |
| Program Services | $739,100 | ProgramServicesAmt |
| Management And General | $121,239 | ManagementAndGeneralAmt |
| Fundraising | $50,177 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,119,301 | TotalAmt |
| Program Services | $361,080 | ProgramServicesAmt |
| Management And General | $689,207 | ManagementAndGeneralAmt |
| Fundraising | $69,014 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,672,705 | TotalAmt |
| Program Services | $2,175,815 | ProgramServicesAmt |
| Management And General | $487,728 | ManagementAndGeneralAmt |
| Fundraising | $9,162 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $890,525 | TotalAmt |
| Program Services | $813,739 | ProgramServicesAmt |
| Management And General | $57,646 | ManagementAndGeneralAmt |
| Fundraising | $19,140 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,154,760 | TotalAmt |
| Program Services | $828,731 | ProgramServicesAmt |
| Management And General | $147,681 | ManagementAndGeneralAmt |
| Fundraising | $178,348 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $632,855 | TotalAmt |
| Program Services | $506,284 | ProgramServicesAmt |
| Management And General | $126,571 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,651,541 | TotalAmt |
| Program Services | $5,321,233 | ProgramServicesAmt |
| Management And General | $1,330,308 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,945 | TotalAmt |
| Program Services | $525,556 | ProgramServicesAmt |
| Management And General | $131,389 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER EXPENSES | $1,814,551 | $1,190,304 | $553,123 | $71,124 |
| FOOD SERVICE | $895,229 | $895,229 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,870,324 | TotalAmt |
| Program Services | $59,094,690 | ProgramServicesAmt |
| Management And General | $8,270,365 | ManagementAndGeneralAmt |
| Fundraising | $2,505,269 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,035 | BOYAmt |
| EOY | $2,039 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,365,335 | BOYAmt |
| EOY | $29,187,599 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,753,065 | BOYAmt |
| EOY | $1,805,385 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $575,964 | BOYAmt |
| EOY | $729,600 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,397 | BOYAmt |
| EOY | $20,478 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,259,594 | BOYAmt |
| EOY | $812,773 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $291,117,602 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $91,544,691 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,636,718 | BOYAmt |
| EOY | $199,572,911 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,198,074 | BOYAmt |
| EOY | $113,068,965 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,081,981 | BOYAmt |
| EOY | $50,973,552 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $825,596 | BOYAmt |
| EOY | $794,704 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,719,759 | BOYAmt |
| EOY | $396,968,006 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,050,899 | BOYAmt |
| EOY | $2,266,615 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,535,699 | BOYAmt |
| EOY | $28,470,391 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,395,000 | BOYAmt |
| EOY | $30,086,160 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,981,598 | BOYAmt |
| EOY | $60,823,166 | 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 | $194,912,831 | BOYAmt |
| EOY | $193,960,832 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,825,330 | BOYAmt |
| EOY | $142,184,008 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,738,161 | BOYAmt |
| EOY | $336,144,840 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,719,759 | BOYAmt |
| EOY | $396,968,006 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$6,768,238 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $15,334,140 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$159,223 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $140,272,574 | BeginningYearBalanceAmt |
| Contributions | $200,594 | ContributionsAmt |
| Investment Earnings Or Losses | $18,346,566 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$6,675,000 | OtherExpendituresAmt |
| End Year Balance | $152,144,734 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $139,930,945 | BeginningYearBalanceAmt |
| Contributions | $1,362,898 | ContributionsAmt |
| Investment Earnings Or Losses | $5,089,731 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$6,111,000 | OtherExpendituresAmt |
| End Year Balance | $140,272,574 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $150,331,851 | BeginningYearBalanceAmt |
| Contributions | $5,188,559 | ContributionsAmt |
| Investment Earnings Or Losses | -$10,431,969 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,157,496 | OtherExpendituresAmt |
| End Year Balance | $139,930,945 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,817,217 | BeginningYearBalanceAmt |
| Contributions | $2,070,764 | ContributionsAmt |
| Investment Earnings Or Losses | $42,975,870 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,532,000 | OtherExpendituresAmt |
| End Year Balance | $150,331,851 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,144,262 | BeginningYearBalanceAmt |
| Contributions | $21,641,691 | ContributionsAmt |
| Investment Earnings Or Losses | $2,267,264 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,236,000 | OtherExpendituresAmt |
| End Year Balance | $109,817,217 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.07258 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.63061 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.29681 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,693,288 | OtherCostOrOtherBasisAmt |
| Book Value | $30,693,288 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $248,214,355 | OtherCostOrOtherBasisAmt |
| Depreciation | $81,741,928 | DepreciationAmt |
| Book Value | $166,472,427 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,209,959 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,802,763 | DepreciationAmt |
| Book Value | $2,407,196 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $199,572,911 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $6,770,659 | F |
| PRIVATE EQUITY FUNDS | $44,202,893 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $50,973,552 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $69,618,573 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $15,334,140 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $15,334,140 | RevenueNotReportedAmt |
| Revenue Subtotal | $54,284,433 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $511,833 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $8,305,820 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $8,817,653 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $63,102,086 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $61,211,894 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $159,223 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $159,223 | ExpensesNotReportedAmt |
| Expenses Subtotal | $61,052,671 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $511,833 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $8,305,820 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,817,653 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $69,870,324 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL'S ENDOWMENT CONSISTS OF BOTH INDIVIDUAL DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. THE ENDOWMENT FUNDS OF THE SCHOOL ARE INTENDED TO BE USED TO SUPPORT ITS LONG-TERM MISSION. |
| PART X, LINE 2: | THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE SCHOOL, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ATTRIBUTABLE TO CERTAIN OF THE SCHOOL'S PASS-THROUGH INVESTMENT ACTIVITIES AND RENTAL INCOME ACTIVITIES. HOWEVER, DUE TO THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID WHICH WAS NETTED FOR FINANCIAL REPORTING PURPOSES. 8,305,820. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON UNCOLLECTIBLE PLEDGES. 159,223. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID WHICH WAS NETTED FOR FINANCIAL REPORTING PURPOSES. 8,305,820. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLICIZES ITS NON-DISCRIMINATION POLICY ON ITS WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVES AN APPROPRIATION FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR THE PERFORMANCE OF MANDATED SERVICES AND FUNDING FOR SAFETY EQUIPMENT. IN ADDITION, THE SCHOOL RECEIVED A GRANT FROM NYC FOR SECURITY SERVICES THROUGH THE DEPARTMENT OF CITYWIDE ADMINISTRATIVE SERVICES (DCAS) AS PART OF THE NONPUBLIC SCHOOL SECURITY REIMBURSEMENT PROGRAM. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | RegionTxt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $8,770,158 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $8,770,158 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $8,770,158 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | AMOUNT REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. |
| PART IV, LINES 1: | FORM 926: THE SCHOOL WAS A U.S. TRANSFEROR OF PROPERTY TO A FOREIGN CORPORATION DURING THE TAX YEAR. |
| PART IV, LINES 5: | FORM 8865: THE SCHOOL HAD AN OWNERSHIP INTEREST IN FOREIGN PARTNERSHIPS DURING THE TAX YEAR. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PARENTS ASSOC. BEN. | Event1Nm |
| Gross Receipts Event1 | $1,445,277 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,180,679 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $264,598 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $184,500 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $9,100 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $70,998 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,445,277 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,180,679 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $264,598 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $184,500 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $9,100 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $70,998 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $264,598 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID PROVIDED TO STUDENTS | GrantTypeTxt |
| Recipient | 162 | RecipientCnt |
| Non Cash Assistance | $8,305,820 | NonCashAssistanceAmt |
| Valuation Method Used | FAIR MARKET VALUE | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDUCTION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE SPENCE SCHOOL REQUESTS THAT FAMILIES APPLYING FOR NEED-BASED FINANCIAL AID ANNUALLY SUBMIT THE PARENTS' FINANCIAL STATEMENTS TO SCHOOL AND STUDENT SERVICES BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ("NAIS"), AS WELL AS PROVIDE COPIES OF FINANCIAL INFORMATION, SUCH AS TAX RETURNS AND W-2 FORMS. ALL GRANTS OF FINANCIAL AID ARE APPLIED TO A RECIPIENT'S OUTSTANDING TUITION CHARGES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FELICIA WILKS | ||||||||||||||
| HEAD OF SCHOOL | $759,003 | $0 | $0 | $0 | $0 | $0 | $82,719 | $0 | $30,203 | $0 | $871,925 | $0 | $0 | $0 |
| ELLANOR N BRIZENDINE | ||||||||||||||
| HEAD OF SCHOOL (THRU 6/30/23) | $596,820 | $0 | $0 | $0 | $0 | $0 | $124,072 | $0 | $7,104 | $0 | $727,996 | $0 | $0 | $0 |
| BRUCE OREM | ||||||||||||||
| DIRECTOR OF FIN. & OP. | $492,000 | $0 | $0 | $0 | $0 | $0 | $28,194 | $0 | $752 | $0 | $520,946 | $0 | $0 | $0 |
| ELYSE WATERHOUSE | ||||||||||||||
| DIR. OF FIN. & OP. (THRU 6/30/23) | $334,280 | $0 | $0 | $0 | $0 | $0 | $26,707 | $0 | $6,673 | $0 | $367,660 | $0 | $0 | $0 |
| KAREN SULLIVAN | ||||||||||||||
| HEAD OF MIDDLE SCHOOL | $317,324 | $0 | $0 | $0 | $0 | $0 | $28,776 | $0 | $14,959 | $0 | $361,059 | $0 | $0 | $0 |
| ELIZABETH CAUSEY | ||||||||||||||
| HEAD OF LOWER SCHOOL | $317,274 | $0 | $0 | $0 | $0 | $0 | $28,776 | $0 | $14,959 | $0 | $361,009 | $0 | $0 | $0 |
| MICHELE MURPHY | ||||||||||||||
| DIRECTOR OF CURRICULUM | $303,736 | $0 | $0 | $0 | $0 | $0 | $28,776 | $0 | $27,501 | $0 | $360,013 | $0 | $0 | $0 |
| ERIC ZAHLER | ||||||||||||||
| DIR. OF TEACHING / LEARNING | $307,184 | $0 | $0 | $0 | $0 | $0 | $28,776 | $0 | $23,495 | $0 | $359,455 | $0 | $0 | $0 |
| EMILY FINCKE | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $300,363 | $0 | $0 | $0 | $0 | $0 | $27,657 | $0 | $14,098 | $0 | $342,118 | $0 | $0 | $0 |
| DANA CROWELL | ||||||||||||||
| CO-DIR. OF COLLEGE COUNSEL | $278,438 | $0 | $0 | $0 | $0 | $0 | $25,618 | $0 | $21,426 | $0 | $325,482 | $0 | $0 | $0 |
| JACOB KOVACH | ||||||||||||||
| DIRECTOR OF INFORMATION TECHNOLOGY | $258,513 | $0 | $0 | $0 | $0 | $0 | $23,663 | $0 | $29,097 | $0 | $311,273 | $0 | $0 | $0 |
| RACHAEL FLORES | ||||||||||||||
| HEAD OF UPPER SCHOOL | $256,003 | $0 | $0 | $0 | $0 | $0 | $22,844 | $0 | $30,203 | $0 | $309,050 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE SCHOOL PROVIDES HOUSING TO THE HEAD OF SCHOOL. THE HOUSING BENEFIT IS PART OF THE EMPLOYMENT CONTRACT OF THE HEAD OF SCHOOL. |
| PART I, LINE 3 | COMPENSATION: A SUBCOMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE ANNUAL COMPENSATION FOR THE HEAD OF THE SCHOOL. A COMPENSATION COMMITTEE COMPRISED OF STAFF AND BOARD MEMBERS RECOMMENDS TO THE BOARD AN OVERALL PERCENTAGE FOR COMPENSATION INCREASES. THE COMMITTEE THEN ALLOCATES TO THE SALARY SCALE FOR TEACHING STAFF. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR NON-TEACHING STAFF WITHIN THE OVERALL INCREASE APPROVED. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. |
| PART I, LINE 4B | THE SCHOOL MAINTAINS BOTH THE SECTION 457(B) AND 457(F) DEFERRED-COMPENSATION PLANS FOR ITS HEAD OF SCHOOL. THE AMOUNT CONTRIBUTED TO THESE PLANS BY THE SCHOOL WAS $54,775. IN 2023, THE FORMER HEAD OF SCHOOL RECEIVED A PAYMENT IN THE AMOUNT OF $1,200,000 FROM A 457(F) PLAN THAT SHOULD HAVE BEEN PAID AND REPORTED AS INCOME IN JULY 2021. THIS ERROR WAS CORRECTED IN FISCAL-YEAR 2025 AND THE PAYMENT IS NOW REPORTED ON HER AMENDED W-2 FOR 2022. THE SCHOOL IS FILING ALL FORMS REQUIRED AS A RESULT OF THIS INCOME. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILD NYC RESOURCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 454040561 | BondIssuerEIN |
| Bond Issued | 2022-02-28 | BondIssuedDt |
| Issue Price | $30,395,000 | IssuePriceAmt |
| Purpose | EXPANSION/ACQUISITION OF SPACE | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $30,395,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $836,666 | IssuanceCostsFromProceedsAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SUPP INFORMATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | BOARD MEMBERS | RelationshipWithOrgTxt |
| Cash Grant | $56,543 | CashGrantAmt |
| Type Of Assistance | GRANTS | TypeOfAssistanceTxt |
| Assistance Purpose | FINANCIAL AID | AssistancePurposeTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III, LINE 1: | FormAndLineReferenceDesc |
| Explanation | AS PART OF THE SCHOOL'S EFFORTS TO SUPPORT ECONOMIC DIVERSITY AND TO PROVIDE ASSISTANCE TO ANY AND ALL COMMUNITY MEMBERS WITH DEMONSTRATED NEED, DURING THE 23-24 SCHOOL YEAR, THE SCHOOL PROVIDED AN AGGREGATE OF $56,543 IN FINANCIAL AID TO TWO BOARD OF TRUSTEES MEMBERS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 74 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,175,414 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT REPORTED REPRESENTS THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TRUSTEES ANAND DESAI AND ERICA DESAI ARE HUSBAND AND WIFE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORMS 990, 990-T AND APPLICABLE STATE FILINGS ARE DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST STATEMENTS ARE DISTRIBUTED ANNUALLY FOR COMPLETION TO ALL TRUSTEES AND KEY EMPLOYEES AT A BOARD MEETING AND COLLECTED AT THE END OF THE MEETING. THE ASSISTANT TO THE HEAD OF SCHOOL FOLLOWS UP WITH ANY TRUSTEES WHO WERE NOT PRESENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HEAD OF SCHOOL'S COMPENSATION IS REVIEWED AND APPROVED BY THE OFFICERS OF THE BOARD OF TRUSTEES BASED UPON COMPARATIVE DATA PUBLISHED BY PEER SCHOOLS AND THEN RATIFIED BY THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL ALSO HAS A WRITTEN EMPLOYMENT AGREEMENT. THE COMPENSATION OF THE DIRECTOR OF FINANCE AND OPERATIONS AND KEY EMPLOYEES IS REVIEWED BY THE HEAD OF SCHOOL AND THE PRESIDENT OF THE BOARD OF TRUSTEES. COMPARATIVE DATA FROM PEER SCHOOLS IS USED TO MAKE SURE COMPENSATION IS AT CURRENT MARKET RATES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES THE FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | LOSS ON UNCOLLECTIBLE PLEDGES -159,223. |
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