GULFSTREAM SCHOOL INC: Form 990, tax year 2023
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- Organization
- GULFSTREAM SCHOOL INC (EIN 59-0977808)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-09
- IRS object ID
- 202541299349301864
- 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 G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-09T10:00:19-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141918990 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEMPLETON & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 LAKEVIEW AVENUE SUITE 1200 | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | 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 | 590977808 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GULF STREAM SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GULF | BusinessNameControlTxt |
| Phone | 5612765225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 GULF STREAM ROAD | AddressLine1Txt |
| City | GULF STREAM | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KERYN ENGELHARD | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 5612765225 | PhoneNum |
| Signature | 2025-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN CHENOWETH | PreparerPersonNm |
| PTIN | P01768153 | PTIN |
| Phone | 5617989988 | 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 | KERYN ENGELHARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 GULF STREAM ROAD | AddressLine1Txt |
| City | GULF STREAM | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,638,285 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GULFSTREAMSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1971 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | EDUCATION OF GRADES PRE-SCHOOL THROUGH EIGHTH GRADE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 89 | TotalEmployeeCnt |
| Total Volunteers | 105 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,351,440 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,510,466 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,619,115 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,914,244 | CYProgramServiceRevenueAmt |
| PY Investment Income | $35,048 | PYInvestmentIncomeAmt |
| CY Investment Income | $87,250 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$32,971 | PYOtherRevenueAmt |
| CY Other Revenue | -$10,553 | CYOtherRevenueAmt |
| PY Total Revenue | $9,972,632 | PYTotalRevenueAmt |
| CY Total Revenue | $12,501,407 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $663,097 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $656,067 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,267,230 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,669,732 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $255,708 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,881,000 | PYOtherExpensesAmt |
| CY Other Expenses | $3,666,826 | CYOtherExpensesAmt |
| PY Total Expenses | $9,811,327 | PYTotalExpensesAmt |
| CY Total Expenses | $10,992,625 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $161,305 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,508,782 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,046,889 | TotalAssetsBOYAmt |
| Total Assets EOY | $33,097,931 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,334,490 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,399,819 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,712,399 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $30,698,112 | NetAssetsOrFundBalancesEOYAmt |
| Mission | EDUCATION OF GRADES PRE-SCHOOL THROUGH EIGHTH GRADE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,430,650 | ExpenseAmt |
| Grant | $656,067 | GrantAmt |
| Revenue | $9,914,244 | RevenueAmt |
| Desc | COMPREHENSIVE EDUCATIONAL PROGRAM SERVING STUDENTS FROM PRE-SCHOOL THROUGH EIGHTH GRADE. | Desc |
| Total Program Service Expenses | $7,430,650 | 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 | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 89 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KERYN ENGELHARD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5612765225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 GULF STREAM ROAD | AddressLine1Txt |
| City | GULF STREAM | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 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 |
|---|---|---|---|---|---|---|---|
| PATRICK DONOVAN | |||||||
| PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| THOMAS GLANFIELD | |||||||
| VICE PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN BACKER | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARLY BELLIS | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR SAMI DAGHER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHY FAZIO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHY FONG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES HAGY JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC JULIEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RASHMI KAR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEXIS RUDISILL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MITCH SINBERG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GRAY SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS M STANLEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SWEETAPPLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR DERICK SMITH | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $251,601 | $0 | $8,976 | ||
| KERYN ENGELHARD | |||||||
| CFO | 40.00 | Yes (X) | $152,154 | $0 | $8,976 | ||
| CATHY ABRAMS | |||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | $131,542 | $0 | $8,976 | Yes (X) | ||
| CASEY WILSON | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $110,977 | $0 | $8,976 | Yes (X) | ||
| MICHAEL MAHADY | |||||||
| DIRECTOR OF ADMISSIONS | 40.00 | $110,749 | $0 | $8,976 | Yes (X) | ||
| ANITA BENSON | |||||||
| DIRECTOR OF COUNSELING | 40.00 | $127,113 | $0 | $8,976 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $884,136 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $53,856 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | 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 |
|---|---|---|---|---|---|
| NEWPORT CONSTRUCTION INC | |||||
| 3421 SW 38TH STREET | WEST PARK | FL | 33023 | CONSTRUCTION SERVICES | $521,248 |
| IBIS BUILDING CORPORATION | |||||
| 3600 INVESTMENT LANE 101 | WEST PALM BEACH | FL | 33404 | CONSTRUCTION SERVICES | $411,201 |
| FLIK INTERNATIONAL GROUP | |||||
| 2400 YORKMONT ROAD | CHARLOTTE | NC | 28217 | FOOD SERVICES | $221,263 |
| DENVER EQUIPMENT CO OF CHARLOTTE INC | |||||
| 5922 HARRIS TECHNOLOGY BLVD PO BOX | CHARLOTTE | NC | 28269 | EQUIPMENT SERVICES | $201,788 |
| GEORGE FUND DEVELOPMENT GROUP LLC | |||||
| PO BOX 417 | CAZENOVIA | NY | 13035 | MARKETING SERVICES | $118,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $89,938 | FundraisingAmt |
| All Other Contributions | $2,420,528 | AllOtherContributionsAmt |
| Noncash Contributions | $26,563 | NoncashContributionsAmt |
| Total Contributions | $2,510,466 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITIONS AND FEES | 611110 | $9,123,337 | $9,123,337 |
| AUXILIARY | 611110 | $790,907 | $790,907 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,914,244 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,250 | TotalRevenueColumnAmt |
| Exclusion | $87,250 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $28,078 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $51,411 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$23,333 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$23,333 | TotalRevenueColumnAmt |
| Exclusion | -$23,333 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $98,247 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $89,938 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $85,467 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,780 | TotalRevenueColumnAmt |
| Exclusion | $12,780 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,501,407 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,914,244 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $76,697 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,067 | TotalAmt |
| Program Services | $656,067 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $412,946 | TotalAmt |
| Program Services | $286,010 | ProgramServicesAmt |
| Management And General | $126,936 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,874,393 | TotalAmt |
| Program Services | $3,376,044 | ProgramServicesAmt |
| Management And General | $1,498,349 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $344,397 | TotalAmt |
| Program Services | $238,532 | ProgramServicesAmt |
| Management And General | $105,865 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $658,371 | TotalAmt |
| Program Services | $455,993 | ProgramServicesAmt |
| Management And General | $202,378 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,625 | TotalAmt |
| Program Services | $262,931 | ProgramServicesAmt |
| Management And General | $116,694 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,561 | TotalAmt |
| Management And General | $56,561 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,478 | TotalAmt |
| Management And General | $11,478 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,135 | TotalAmt |
| Management And General | $53,135 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,369 | TotalAmt |
| Program Services | $70,029 | ProgramServicesAmt |
| Management And General | $15,959 | ManagementAndGeneralAmt |
| Fundraising | $12,381 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,613 | TotalAmt |
| Program Services | $271,671 | ProgramServicesAmt |
| Management And General | $61,912 | ManagementAndGeneralAmt |
| Fundraising | $48,030 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,671 | TotalAmt |
| Program Services | $159,232 | ProgramServicesAmt |
| Management And General | $36,288 | ManagementAndGeneralAmt |
| Fundraising | $28,151 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $498,713 | TotalAmt |
| Program Services | $62,017 | ProgramServicesAmt |
| Management And General | $436,696 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,233 | TotalAmt |
| Program Services | $878 | ProgramServicesAmt |
| Management And General | $200 | ManagementAndGeneralAmt |
| Fundraising | $155 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $649,231 | TotalAmt |
| Program Services | $441,478 | ProgramServicesAmt |
| Management And General | $201,261 | ManagementAndGeneralAmt |
| Fundraising | $6,492 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $388,076 | TotalAmt |
| Program Services | $263,892 | ProgramServicesAmt |
| Management And General | $120,303 | ManagementAndGeneralAmt |
| Fundraising | $3,881 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SCHOOL LUNCHEONS | $463,221 | $329,768 | $75,152 | $58,301 |
| CLASSROOM EXPENSES | $243,420 | $173,291 | $39,492 | $30,637 |
| MISCELLANEOUS EXPENSE | $241,307 | $171,787 | $39,149 | $30,371 |
| BOOKS AND SUPPLIES | $73,901 | $52,610 | $11,990 | $9,301 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,897 | TotalAmt |
| Program Services | $158,420 | ProgramServicesAmt |
| Management And General | $96,469 | ManagementAndGeneralAmt |
| Fundraising | $28,008 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,992,625 | TotalAmt |
| Program Services | $7,430,650 | ProgramServicesAmt |
| Management And General | $3,306,267 | ManagementAndGeneralAmt |
| Fundraising | $255,708 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $754,227 | BOYAmt |
| EOY | $1,347,071 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $231,279 | BOYAmt |
| EOY | $723,319 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,617 | BOYAmt |
| EOY | $58,231 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,230 | BOYAmt |
| EOY | $259,472 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $23,126,017 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,223,714 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,411,617 | BOYAmt |
| EOY | $10,902,303 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,281,477 | BOYAmt |
| EOY | $19,761,507 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,442 | BOYAmt |
| EOY | $46,028 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,046,889 | BOYAmt |
| EOY | $33,097,931 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $927,422 | BOYAmt |
| EOY | $744,989 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,360,626 | BOYAmt |
| EOY | $1,608,802 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,442 | BOYAmt |
| EOY | $46,028 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,334,490 | BOYAmt |
| EOY | $2,399,819 | 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 | $22,484,017 | BOYAmt |
| EOY | $25,460,993 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,228,382 | BOYAmt |
| EOY | $5,237,119 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,712,399 | BOYAmt |
| EOY | $30,698,112 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,046,889 | BOYAmt |
| EOY | $33,097,931 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,508,782 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,476,931 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | $18,194,787 | BeginningYearBalanceAmt |
| Contributions | $1,052,135 | ContributionsAmt |
| Investment Earnings Or Losses | $1,810,915 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,011,760 | OtherExpendituresAmt |
| End Year Balance | $18,046,077 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,490,597 | BeginningYearBalanceAmt |
| Contributions | $553,783 | ContributionsAmt |
| Investment Earnings Or Losses | $1,981,155 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $830,748 | OtherExpendituresAmt |
| End Year Balance | $18,194,787 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,566,495 | BeginningYearBalanceAmt |
| Contributions | $85,160 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,506,608 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $654,450 | OtherExpendituresAmt |
| End Year Balance | $16,490,597 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,095,410 | BeginningYearBalanceAmt |
| Contributions | $1,607,243 | ContributionsAmt |
| Investment Earnings Or Losses | $3,921,761 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,057,919 | OtherExpendituresAmt |
| End Year Balance | $19,566,495 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,113,447 | BeginningYearBalanceAmt |
| Contributions | $1,188,627 | ContributionsAmt |
| Investment Earnings Or Losses | $373,461 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,580,125 | OtherExpendituresAmt |
| End Year Balance | $17,095,410 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.70979 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.29021 | PrmnntEndowmentBalanceEOYPct |
| 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 | $500,241 | OtherCostOrOtherBasisAmt |
| Book Value | $500,241 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,051,785 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,495,388 | DepreciationAmt |
| Book Value | $8,556,397 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,155,966 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,793,572 | DepreciationAmt |
| Book Value | $362,394 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,418,025 | OtherCostOrOtherBasisAmt |
| Depreciation | $934,754 | DepreciationAmt |
| Book Value | $1,483,271 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,902,303 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITIES - CURRENT | $24,364 |
| LEASE LIABILITIES - LONG TERM | $21,664 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $46,028 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,406,014 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,476,931 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $136,878 | OtherRevenueAmt |
| Revenue Not Reported | $2,613,809 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,792,205 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $53,135 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $656,067 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $709,202 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,501,407 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,420,301 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $136,878 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $136,878 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,283,423 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $53,135 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $656,067 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $709,202 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,992,625 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE PURPOSE OF THE ENDOWMENT IS TO ASSIST THE SCHOOL IN MAINTAINING FINANCIAL STABILITY BY CREATING A POTENTIAL ONGOING SOURCE OF INCOME. FUNDS MAY BE DESIGNATED FOR ENDOWMENT BY DONORS OR BY THE BOARD OF TRUSTEES. THE ENDOWMENT SUPPORTS MANY PROGRAMS WITHIN THE SCHOOL INCLUDING FINANCIAL AID, FACULTY COMPENSATION AND CHAIRS, FACULTY DEVELOPMENT, STUDENT PROGRAMS, FACILITY MAINTENANCE AND FOR ANY OTHER PURPOSE DESIGNATED BY THE DONOR OR BY THE BOARD OF TRUSTEES. |
| PART X, LINE 2: | THE SCHOOL IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO OPERATE IN CONFORMITY WITH THE PROVISIONS OF THE IRC TO MAINTAIN ITS EXEMPT STATUS. MANAGEMENT ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEARS 2024 OR 2023. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 85,467. RENTAL EXPENSES - LINE 6B 51,411. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID/TUITION REMISSIONS 656,067. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES - LINE 6B 51,411. FUNDRAISING EXPENSES 85,467. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID/TUITION REMISSIONS 656,067. MISCELLANEOUS EXPENSE |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING STATEMENT IS INCLUDED IN THE ANNUAL BROCHURE AND LOCAL NEWSPAPER: GULF STREAM DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR OR NATIVE ORIGINS IN ITS ADMISSIONS, FINANCIAL AID, EDUCATION, OR ANY OTHER PROGRAM. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION | Event1Nm |
| Gross Receipts Event1 | $188,185 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $89,938 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $98,247 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $85,467 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $188,185 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $89,938 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $98,247 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $85,467 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $85,467 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $12,780 | 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/TUITION REMISSION | GrantTypeTxt |
| Recipient | 42 | RecipientCnt |
| Non Cash Assistance | $656,067 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GULF STREAM SCHOOL ENDEAVORS TO MAKE AVAILABLE NEED-BASED FINANCIAL AID TO QUALIFIED STUDENTS WHO ARE ACCEPTED TO THE SCHOOL. FINANCIAL AID ALLOWS DESERVING STUDENTS AN OPPORTUNITY FOR AN INDEPENDENT SCHOOL EDUCATION WHILE ENABLING THE SCHOOL TO ATTRACT FAMILIES AND STUDENTS WITH VARIED BACKGROUNDS AND INTERESTS. GULF STREAM SCHOOL SUBSCRIBES TO SMART AID FOR FINANCIAL AID. PARENTS APPLYING FOR TUITION ASSISTANCE MUST COMPLETE A CONFIDENTIAL STATEMENT OF NEED KNOWN AS THE PARENTS' FINANCIAL STATEMENT (PFS). ONCE THE PFS IS RECEIVED AND REVIEWED BY SMART AID, GULF STREAM SCHOOL RECEIVES A REPORT WHICH INCLUDES A RECOMMENDATION FOR A FINANCIAL AID AWARD. AS PART OF THE APPLICATION PROCESS, FAMILIES MUST UPLOAD SIGNED COPIES OF THEIR MOST RECENT IRS FORM 1040, INCLUDING ALL SCHEDULES AND SUPPORTING DATA WITH W-2S. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR DERICK SMITH | ||||||||||||||
| HEAD OF SCHOOL | $251,601 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,976 | $0 | $260,577 | $0 | $0 | $0 |
| KERYN ENGELHARD | ||||||||||||||
| CFO | $152,154 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,976 | $0 | $161,130 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE RESIDENCE OF THE HEAD OF SCHOOL IS PROVIDED FOR THE BENEFIT OF THE SCHOOL. THE RESIDENCE IS USED FOR THE FOLLOWING SCHOOL FUNCTIONS: COOKOUTS AND PICNICS FOR STUDENTS AND PARENTS; FACULTY ENTERTAINMENT; INDIVIDUAL COUNSELING OF STUDENTS AND PARENTS; ENTERTAINMENT AND HOUSING GUESTS; AND OTHER SIMILAR USE. THE PROPERTY IS AVAILABLE AT ALL TIMES FOR SUCH USE. THE DISCRETIONARY SPENDING ACCOUNT IS PROVIDED TO THE HEAD OF SCHOOL TO BE USED AT HIS DISCRETION. ALL OF THE ACTIVITY ON THIS ACCOUNT IS REVIEWED MONTHLY BY THE CFO. A MAJORITY OF THE EXPENSES ARE RELATED TO THE SCHOOL, TO UNDERWRITE THE STUDENT NEEDS OR THE RESIDENCE PROVIDED BY THE SCHOOL. THE HEAD OF SCHOOL AND CFO MEET MONTHLY TO VERIFY THAT ALL EXPENDITURES FROM THE ACCOUNT BENEFIT THE SCHOOL. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $495 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (9 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | TRAVEL | 5 | $9,550 | FMV |
| Yes (X) | SERVICES | 1 | $3,825 | FMV |
| Yes (X) | JEWELRY | 2 | $3,800 | FMV |
| Yes (X) | CLOTHING AND ACCESSORIES | 6 | $2,978 | FMV |
| Yes (X) | GOLF FOURSOMES | 3 | $2,300 | FMV |
| Yes (X) | CLASSES/INSTRUCTION | 7 | $2,090 | FMV |
| Yes (X) | GIFT CERIFICATES | 7 | $1,325 | FMV |
| Yes (X) | FOOD | 1 | $100 | FMV |
| Yes (X) | MEMBERSHIPS | 1 | $100 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE RETURN HAS BEEN PROVIDED TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD OF TRUSTEE MEMBERS SIGN THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY REQUIRES MEMBERS WHO HAVE A CONFLICT TO DISCLOSE IT TO THE OTHER MEMBERS AND ABSTAIN FROM VOTING ON THE ITEM IN WHICH THEY HAVE A CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES NEGOTIATES THE HEAD OF SCHOOLS ORIGINAL CONTRACT. THE BOARD OF TRUSTEES USES STATISTICAL INFORMATION FROM NAIS TO HELP DETERMINE THE HEAD OF SCHOOLS COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE SCHOOL'S OVERSIGHT POLICY HAS NOT CHANGED. |
Comments