RIVERSIDE MILITARY ACADEMY INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- RIVERSIDE MILITARY ACADEMY INC (EIN 58-0616994)
- Tax period
- 2020-06-01 to 2021-05-31
- Filed
- 2022-04-18
- IRS object ID
- 202211089349300736
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-18T10:57:26-05:00 | ReturnTs |
| Tax Period End | 2021-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & HOWARD PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 271 17TH STREET NW SUITE 1600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30363 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580616994 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIVERSIDE MILITARY ACADEMY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LAURA MAXWELL | InCareOfNm |
| Business Name Control | RIVE | BusinessNameControlTxt |
| Phone | 7705326251 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 RIVERSIDE DRIVE | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STANLEY C PRECZEWSKI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7705382189 | PhoneNum |
| Signature | 2022-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STANLEY C | PersonFirstNm |
| Person Last | PRECZEWSKI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SABRE J LINAHAN | PreparerPersonNm |
| PTIN | P01372980 | PTIN |
| Phone | 4048746244 | PhoneNum |
| Preparation | 2022-04-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STANLEY C PRECZEWSKI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 RIVERSIDE DRIVE | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,465,612 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RIVERSIDEMILITARY.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1907 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE ETHICAL YOUNG MEN OF CHARACTER FOR SUCCESS THROUGH ACADEMICS, LEADERSHIP, ATHLETICS, CO-CURRICULARS, AND THE STRUCTURE & DISCIPLINE OF A MILITARY COLLEGE PREP ENVIRONMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 186 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $918,258 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,539,304 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,380,314 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,727,176 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,355,560 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,418,590 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,087,734 | PYOtherRevenueAmt |
| CY Other Revenue | $388,877 | CYOtherRevenueAmt |
| PY Total Revenue | $20,741,866 | PYTotalRevenueAmt |
| CY Total Revenue | $22,073,947 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,036,003 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,712,633 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,123,815 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,175,064 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $418,369 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,967,170 | PYOtherExpensesAmt |
| CY Other Expenses | $9,857,163 | CYOtherExpensesAmt |
| PY Total Expenses | $26,126,988 | PYTotalExpensesAmt |
| CY Total Expenses | $21,744,860 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,385,122 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $329,087 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $82,374,330 | TotalAssetsBOYAmt |
| Total Assets EOY | $83,260,866 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $56,902,120 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $54,373,051 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,472,210 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,887,815 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PREPARE ETHICAL YOUNG MEN OF CHARACTER FOR SUCCESS IN COLLEGE AND IN LIFE THROUGH THE PROVISION OF A RIGOROUS ACADEMIC PROGRAM, LEADERSHIP OPPORTUNITIES, COMPETITIVE ATHLETICS, EXTENSIVE CO-CURRICULARS, AND THE STRUCTURE AND DISCIPLINE INHERENT IN A MILITARY COLLEGE PREPARATORY SCHOOL ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $8,283,417 | ExpenseAmt |
| Grant | $3,712,633 | GrantAmt |
| Revenue | $14,838,782 | RevenueAmt |
| Desc | INSTRUCTIONAL: RIVERSIDE MILITARY ACADEMY (RMA) IS AN ALL-BOYS COLLEGE PREPARATORY BOARDING SCHOOL SERVING STUDENTS IN GRADES 6-12. THERE ARE APPROX. 300 CADETS FROM 29 STATES AND 23 COUNTRIES. THE AVERAGE CLASS IS 12 STUDENTS, LEAD BY OUR 35 FACULTY MEMBERS, 80% OF WHICH HOLD ADVANCED DEGREES. THIS INDIVIDUALIZED ATTENTION AND HIGHLY STRUCTURED ENVIRONMENT PREPARES THE CADETS FOR COLLEGE AND SUCCESS IN MANY OCCUPATIONAL FIELDS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,265,723 | ExpenseAmt |
| Desc | ATHLETICS: RMA COMPETES IN FOUR JUNIOR VARSITY & SEVEN 7TH & 8TH GRADE SPORTS. THE ACADEMY ALSO COMPETED WITH 11 OTHER SCHOOLS IN THE REGION 8-1A OF THE GEORGIA HIGH SCHOOL ASSOCIATION (GHSA) IN 12 VARSITY LEVEL SPORTS. THE 2017 FOOTBALL REPEATED AS THE MILITARY BOWL CHAMPIONS DEFEATING THE GEORGIA MILITARY PREP COLLEGE. THE SWIMMING TEAM REPEATED FOR THE FIFTH CONSECUTIVE TIME AS THE HALL COUNTY CHAMPIONS. THE SOCCER TEAM WAS THE 2019 GHSA REGION 8-1A CHAMPION, ALONG WITH THE 2019 TRACK TEAM WINNING THE 8-1A REGION. THE 2019 RIVERSIDE RAIDERS WON THE NATIONAL CHAMPIONSHIPS FOR THE FIFTH CONSECUTIVE YEAR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,197,473 | ExpenseAmt |
| Revenue | $277,271 | RevenueAmt |
| Desc | STUDENT SERVICES: THE VAST MAJORITY OF THE CADETS LIVE ON THE 206-ACRE CAMPUS. THE CAMPUS FACILITIES INCLUDE DORMITORIES, CLASSROOMS, A VISUAL & PERFORMING ARTS CENTER, LIBRARY, GYMNASIUM, AN EXTENSIVE BOOK STORE, SWIMMING POOL, TENNIS COURTS, & LIGHTED ATHLETIC FIELDS. THE SCHOOL OFFERS OVER 30 DIFFERENT CLUBS & ACTIVITIES FOR CADETS TO PARTICIPATE. THE SCHOOL CAFETERIA PROVIDES THREE MEALS A DAY MONDAY THROUGH FRIDAY, AND TWO MEALS ON SATURDAY AND SUNDAY. THEY SERVE ALL OF THE CADETS & APPROXIMATELY 50 MEMBERS OF THE FACULTY & STAFF. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $17,746,613 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 186 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA MAXWELL | PersonNm |
| Phone | 7705382189 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 RIVERSIDE DRIVE | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| STANLEY PRECZEWSKI | ||||||||
| PRESIDENT | 53.0 | 0.0 | Yes (X) | $305,883 | $0 | $18,190 | ||
| LAURA MAXWELL | ||||||||
| CHIEF FINANCIAL OFFICER | 53.0 | 0.0 | Yes (X) | $185,467 | $0 | $37,578 | ||
| ELLEN DEFOOR | ||||||||
| VP OF ADVANCEMENT | 53.0 | 1.0 | $148,353 | $0 | $17,466 | Yes (X) | ||
| ROBERT DANIEL | ||||||||
| EXECUTIVE VICE PRESIDENT | 53.0 | 0.0 | $131,844 | $0 | $16,188 | Yes (X) | ||
| CATHY MOORE | ||||||||
| DEAN OF ACADEMICS | 53.0 | 0.0 | $137,000 | $0 | $7,035 | Yes (X) | ||
| ADAM CARTER | ||||||||
| INTERRIM COMMANDANT | 53.0 | 0.0 | $100,770 | $0 | $24,863 | Yes (X) | ||
| LUCILE BEAVER | ||||||||
| EMERITA | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| TEE MITCHELL | ||||||||
| VP OF ENROLLMENT MANAGEMENT | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| DANIEL KAUFMAN | ||||||||
| CHAIRMAN | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| C BRIAN DANIEL | ||||||||
| IMMEDIATE PAST CHAIR | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| JOHN W JACOBS III | ||||||||
| SECRETARY | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| CHARLIE J LAIL JR | ||||||||
| TREASURER | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| FOSTER BACHSCHMIDT | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| RUBEN A BARAHONA | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| MARGARET O BLACKSTOCK | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| MAJ GEN MARK A BROWN | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| JETTE CAMPBELL | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| FELIX A GONZALEZ CANTO | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM B CARR JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| COUNTE L COOLEY | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| BERNARD M FREEMAN | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| ANTHONY M HERDENER | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| DREW W HORNER | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| ERNEST T LOPEZ III | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| JOHN B MCKERNAN II | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| J ALLEN NIVENS JR | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| JONATHAN A POPE ESQ | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM E RUSSELL | ||||||||
| TRUSTEE | 1.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| ANDREW W TALKINGTON | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| JAMES R VAN ARSDALE | ||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,009,317 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $121,320 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RUSSELL LANDSCAPE LLC | |||||
| PO BOX 63220 | CHARLOTTE | NC | 28263 | LANDSCAPE | $172,005 |
| FLIK ISD | |||||
| COMPASS GROUP USA PO BOX 50196 | LOS ANGELES | CA | 90074 | FOOD | $670,136 |
| CLARK-MAYNOR LLC | |||||
| 4190 CLEVELAND HIGHWAY | GAINESVILLE | GA | 30506 | LAUNDRY | $274,919 |
| ARAMARK | |||||
| PO BOX 978839 | DALLAS | TX | 76397 | FOOD | $156,729 |
| CLASSIC CITY SOLUTIONS INC | |||||
| 1487 DUNLAP ROAD | WINTERVILLE | GA | 30683 | CUSTODIAL | $260,730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Related Organizations | $239,927 | RelatedOrganizationsAmt |
| Government Grants | $2,043,700 | GovernmentGrantsAmt |
| All Other Contributions | $3,255,677 | AllOtherContributionsAmt |
| Noncash Contributions | $1,117,035 | NoncashContributionsAmt |
| Total Contributions | $5,539,304 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611710 | $14,449,905 | $14,449,905 |
| AUXILLARY SERVICES | 611710 | $277,271 | $277,271 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,727,176 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $298,440 | TotalRevenueColumnAmt |
| Exclusion | $298,440 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,735,136 | SecuritiesAmt |
| Other | $401,404 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,612,614 | SecuritiesAmt |
| Other | $403,776 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,122,522 | SecuritiesAmt |
| Other | -$2,372 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,120,150 | TotalRevenueColumnAmt |
| Exclusion | $1,120,150 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $701,487 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $375,275 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $326,212 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $326,212 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Total Revenue Column | $62,665 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,665 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $62,665 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,073,947 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,116,053 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,418,590 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,364,082 | TotalAmt |
| Program Services | $3,364,082 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,551 | TotalAmt |
| Program Services | $348,551 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $526,226 | TotalAmt |
| Program Services | $346,588 | ProgramServicesAmt |
| Management And General | $159,481 | ManagementAndGeneralAmt |
| Fundraising | $20,157 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,309,149 | TotalAmt |
| Program Services | $4,153,558 | ProgramServicesAmt |
| Management And General | $1,862,600 | ManagementAndGeneralAmt |
| Fundraising | $292,991 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,747 | TotalAmt |
| Program Services | $129,853 | ProgramServicesAmt |
| Management And General | $66,894 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $593,564 | TotalAmt |
| Program Services | $391,752 | ProgramServicesAmt |
| Management And General | $201,812 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $549,378 | TotalAmt |
| Program Services | $362,589 | ProgramServicesAmt |
| Management And General | $186,789 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,594 | TotalAmt |
| Management And General | $2,594 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,715 | TotalAmt |
| Management And General | $50,715 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,573 | TotalAmt |
| Management And General | $33,573 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,387 | TotalAmt |
| Program Services | $63,677 | ProgramServicesAmt |
| Management And General | $241,710 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,062 | TotalAmt |
| Program Services | $181,543 | ProgramServicesAmt |
| Management And General | $3,519 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,655 | TotalAmt |
| Program Services | $106,611 | ProgramServicesAmt |
| Management And General | $33,723 | ManagementAndGeneralAmt |
| Fundraising | $21,321 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,209 | TotalAmt |
| Program Services | $126,176 | ProgramServicesAmt |
| Management And General | $17,790 | ManagementAndGeneralAmt |
| Fundraising | $20,243 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,682,996 | TotalAmt |
| Program Services | $1,429,810 | ProgramServicesAmt |
| Management And General | $211,631 | ManagementAndGeneralAmt |
| Fundraising | $41,555 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,172 | TotalAmt |
| Program Services | $15,886 | ProgramServicesAmt |
| Management And General | $5,048 | ManagementAndGeneralAmt |
| Fundraising | $238 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,612,516 | TotalAmt |
| Program Services | $2,491,232 | ProgramServicesAmt |
| Management And General | $121,284 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,938,519 | TotalAmt |
| Program Services | $2,782,113 | ProgramServicesAmt |
| Management And General | $156,406 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,565 | TotalAmt |
| Program Services | $59,565 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD/LAUNDRY SERVICES | $1,154,658 | $1,154,658 | ||
| BAD DEBT EXPENSE | $117,401 | $117,401 | ||
| SPECIAL EVENTS | $80,720 | $67,519 | $13,201 | |
| OTHER EXPENSES | $286,421 | $170,850 | $106,908 | $8,663 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,744,860 | TotalAmt |
| Program Services | $17,746,613 | ProgramServicesAmt |
| Management And General | $3,579,878 | ManagementAndGeneralAmt |
| Fundraising | $418,369 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,869,648 | BOYAmt |
| EOY | $3,027,257 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,396,092 | BOYAmt |
| EOY | $3,275,400 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $741,079 | BOYAmt |
| EOY | $312,796 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,188 | BOYAmt |
| EOY | $277,583 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $909,659 | BOYAmt |
| EOY | $768,791 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $343,875 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $116,189,313 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $65,463,805 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,010,302 | BOYAmt |
| EOY | $50,725,508 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,841,692 | BOYAmt |
| EOY | $24,476,217 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $978,145 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,525 | BOYAmt |
| EOY | $53,439 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,374,330 | BOYAmt |
| EOY | $83,260,866 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,063,819 | BOYAmt |
| EOY | $1,281,942 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,312,843 | BOYAmt |
| EOY | $484,832 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,589,405 | BOYAmt |
| EOY | $49,931,151 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,200,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,537,607 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $736,053 | BOYAmt |
| EOY | $1,137,519 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,902,120 | BOYAmt |
| EOY | $54,373,051 | 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 | $22,352,666 | BOYAmt |
| EOY | $24,028,040 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,119,544 | BOYAmt |
| EOY | $4,859,775 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,472,210 | BOYAmt |
| EOY | $28,887,815 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,374,330 | BOYAmt |
| EOY | $83,260,866 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $329,087 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,081,510 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,008 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,146,958 | BeginningYearBalanceAmt |
| Contributions | $1,098,235 | ContributionsAmt |
| Investment Earnings Or Losses | $4,468,900 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,730,288 | OtherExpendituresAmt |
| End Year Balance | $21,983,805 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,218,565 | BeginningYearBalanceAmt |
| Contributions | $155,920 | ContributionsAmt |
| Investment Earnings Or Losses | $1,501,339 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,728,866 | OtherExpendituresAmt |
| End Year Balance | $22,146,958 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,451,782 | BeginningYearBalanceAmt |
| Contributions | $131,185 | ContributionsAmt |
| Investment Earnings Or Losses | $1,720,541 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $84,943 | OtherExpendituresAmt |
| End Year Balance | $26,218,565 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,626,253 | BeginningYearBalanceAmt |
| Contributions | $369,411 | ContributionsAmt |
| Investment Earnings Or Losses | $1,525,589 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $69,471 | OtherExpendituresAmt |
| End Year Balance | $24,451,782 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,358,674 | BeginningYearBalanceAmt |
| Contributions | $333,180 | ContributionsAmt |
| Investment Earnings Or Losses | $5,053,729 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,119,330 | OtherExpendituresAmt |
| End Year Balance | $22,626,253 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.86680 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.11940 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01380 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $791,124 | OtherCostOrOtherBasisAmt |
| Book Value | $791,124 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $96,770,315 | OtherCostOrOtherBasisAmt |
| Depreciation | $49,772,081 | DepreciationAmt |
| Book Value | $46,998,234 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,971,444 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,393,928 | DepreciationAmt |
| Book Value | $2,577,516 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,656,430 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,297,796 | DepreciationAmt |
| Book Value | $358,634 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $50,725,508 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| BOND PREMIUM | $109,418 |
| ACCRUED BOND INTEREST PAYABLE | $638,913 |
| MISCELLANEOUS LIABILITIES | $206,573 |
| BOND INTEREST RECEIVABLE | $7,615 |
| UNAMORTIZED FLIK INVESTMENT | $175,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,137,519 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ACADEMY'S ENDOWMENT CONSISTS OF TWENTY INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. |
| PART X, LINE 2: | The Academy is a tax-exempt entity under Section 501(c)(3) of the Internal Revenue Code (the "Code"). Only unrelated business income, as defined by Section 512(a)(1) of the Code, is subject to income taxes. The Academy annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Academy takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In general, the Academy is no longer subject to tax examinations for tax years ending before May 31, 2018. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | false | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE ADMINSSIONS APPLICATION BOOKLET CONTAINS THE POLICY AND TWO PUBLIC COMMUNICATIONS ARE MADE EACH YEAR IN EDUCATIONAL PUBLICATIONS. ADDITIONALLY, THE POLICY IS ON THE ACADEMY'S WEBSITE AT WWW.RIVERSIDEMILITARY.COM/NETCOMMUNITY/REQUESTINFO_APPLY | ExplanationTxt |
Schedule F IRS990ScheduleF
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| FINANCIAL AID | Central America and the Caribbean | 1 | $3,734 | APPL TO ACCT |
| FINANCIAL AID | East Asia and the Pacific | 4 | $49,958 | APPL TO ACCT |
| FINANCIAL AID | Europe (Including Iceland and Greenland) | 1 | $8,000 | APPL TO ACCT |
| FINANCIAL AID | Middle East and North Africa | 1 | $15,000 | APPL TO ACCT |
| FINANCIAL AID | North America | 6 | $66,718 | APPL TO ACCT |
| FINANCIAL AID | Russia and the Newly Independent States | 3 | $88,941 | APPL TO ACCT |
| FINANCIAL AID | Sub-Saharan Africa | 4 | $116,200 | APPL TO ACCT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|
| TUITION DISCOUNTS | 120 | $3,202,607 | TUITION ASSISTANCE |
| SCHOLARSHIPS | 22 | $161,475 | TUITION SCHOLARSHIP |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FINANCIAL AID DEPARTMENT MAINTAINS RECORDS TO SUBSTANTIATE ALL AMOUNTS GIVEN IN FINANCIAL AID. PARENTS COMPLETE AN APPLICATION WITH FINANCIAL INFORMATION ON A FACTS TUITION MANAGEMENT FORM THAT PROVIDES "EXPECTED FAMILY CONTRIBUTION (EFC)" DATA. THE DIRECTOR OF ADMISSIONS REVIEWS THE GAP BETWEEN THE COST TO ATTEND AND THE EFC. IF SIGNIFICANT AID IS INDICATED, THE QUESTION OF HOW MUCH IS PRESENTED TO THE CFO AND FINALLY TO THE PRESIDENT FOR RESOLUTION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | false | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| STANLEY PRECZEWSKI | |||||
| PRESIDENT | $300,000 | $5,883 | $18,190 | $981 | $325,054 |
| LAURA MAXWELL | |||||
| CHIEF FINANCIAL OFFICER | $185,467 | $11,076 | $27,483 | $224,026 | |
| ELLEN DEFOOR | |||||
| VP OF ADVANCEMENT | $148,353 | $8,996 | $9,439 | $166,788 | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE PRESIDENT IS PROVIDED AN ON-CAMPUS RESIDENCE FOR THE CONVENIENCE OF THE ADACEMY. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY | ||||||||
| A | 581520209 | 36274PAA5 | 2017-05-16 | $6,210,000 | REFINANCE REVENUE BONDS FROM 2007 | false | false | false |
| GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY | ||||||||
| B | 581520209 | 36274PAB3 | 2017-05-16 | $12,085,000 | REFINANCE REVENUE BONDS FROM 2007 | false | false | false |
| GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY | ||||||||
| C | 581520209 | 36274PAC1 | 2017-05-16 | $19,680,000 | REFINANCE REVENUE BONDS FROM 2007 | false | false | false |
| GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY | ||||||||
| D | 581520209 | 36274PAD9 | 2017-05-16 | $14,120,000 | REFINANCE REVENUE BONDS FROM 2007 | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $6,210,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,210,000 | $0 | 2017 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $12,085,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,085,000 | $0 | 2017 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $650,000 | $0 | $19,680,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,680,000 | $0 | 2017 | Yes (true) | false | Yes (true) | Yes (true) |
| D | $0 | $0 | $14,120,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,120,000 | $0 | 2017 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | false |
| B | false | false | false | false | 0 | false | false | false | false |
| C | false | false | false | false | 0 | false | false | false | false |
| D | false | false | false | false | 0 | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|
| 0 | |||||||
| A | Yes (true) | false | false | false | 0 | false | false |
| 0 | |||||||
| B | Yes (true) | false | false | false | 0 | false | false |
| 0 | |||||||
| C | Yes (true) | false | false | false | 0 | false | false |
| 0 | |||||||
| D | Yes (true) | false | false | false | 0 | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, SUPPLEMENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | ON MAY 16, 2017, GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY ISSUED "GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY EDUCATIONAL FACILITIES REFUNDING REVENUE BONDS (RIVERSIDE MILITARY ACADEMY, INC. PROJECT) SERIES 2017" TO THE ACADEMY IN THE PRINCIPAL FACE AMOUNT OF $52,095,000. INTEREST IS CALCULATED AT A FIXED RATE OF 5%, WHICH WILL INCREASE TO 5.125% ON MARCH 1, 2047 THROUGH MATURITY ON MARCH 1, 2052. THE PROCEEDS FROM THIS BOND ISSUE WERE USED TO EXTINGUISH THE REVENUE BONDS ISSUED BY THE GAINESVILLE REDEVELOPMENT AUTHORITY IN 2007. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM E RUSSELL | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $172,005 | TransactionAmt |
| Transaction | LANDSCAPE SERVICES | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCH L PART IV | FormAndLineReferenceDesc |
| Explanation | WILLIAM RUSSELL IS OWNER OF RUSSELL LANDSCAPE GROUP, INC, FROM WHICH RIVERSIDE MILITARY ACADEMY CONTRACTED LANDSCAPE SERVICES DURING THE FISCAL YEAR. RIVERSIDE PAID RUSSELL LANDSCAPE $172,005 DURING THE CURRENT TAX YEAR AND THIS TRUSTEE IS REPORTED AS AN INTERESTED PERSON AS A RESULT OF THOSE TRANSACTIONS. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $807 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RECEIPT/FMV PROVIDED | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $21,627 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RECEIPT/FMV PROVIDED | MethodOfDeterminingRevenuesTxt |
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Method Of Determining Revenues | RECEIPT/FMV PROVIDED | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3367 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,087,786 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK QUOTE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $198 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RECEIPT/FMV PROVIDED | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,597 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RECEIPT/FMV PROVIDED | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,020 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RECEIPT/FMV PROVIDED | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | LINE 32B | FormAndLineReferenceDesc |
| Explanation | WILLIS INVESTMENTS COUNSEL IS A THIRD PARTY THAT ACCEPTS GIFTS OF STOCK ON BEHALF OF RIVERSIDE MILITARY ACADEMY AND THEN PROCESSES THE SALE OF THOSE STOCKS UPON RECEIPT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B: | PRIOR TO FILING THE FORM 990 WITH THE IRS, THE BOARD OF TRUSTEES RECEIVED A COPY OF THE FORM 990 ELECTRONICALLY. TEN BUSINESS DAYS WERE PROVIDED FOR RESOLVING QUESTIONS AND COMMENTS BEFORE FILING THE FINAL FORM 990 WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C: | EMPLOYEES MUST DISCLOSE ANY CONFLICTS ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | BENCHMARK MATERIAL WAS USED AS WELL AS PAST EXPERIENCE. |
| FORM 990, PART VI, SECTION C, LINE 18: | ALL INFORMATION RETURNS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19: | ALL GOVERNING DOCUMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. |
| FORM 990, PART VIII, LINE 1E: | In April 2020, the Academy obtained a Small Business Administration ("SBA") loan under the Paycheck Protection Program Flexibility Act ("PPPFA") in the amount of $2,043,700. The Paycheck Protection Program ("PPP") loan bears interest at 1% and will follow the repayment terms outlined by the Coronavirus Aid, Relief, and Economic Securities Act (the "CARES Act") and PPPFA. In June 2021, the Academy obtained PPPFA loan forgiveness and recorded the funds within other changes in the accompanying statement of activities and changes in net assets. In February 2021, the Academy obtained a second Small Business Administration loan under the PPPFA in the amount of $1,537,607 The second PPP loan has the same provisions as the PPPFA first loan mentioned above. The Academy intends to apply for forgiveness in 2022. |
| FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETS: | 5,008 UNREALIZED GAIN ON BENEFICIAL INTEREST IN PERPETUAL TRUST |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIVERSIDE MILITARY ACADEMY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 RIVERSIDE DRIVE | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464243684 | EIN |
| Primary Activities | FUND RAISING | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12B | PublicCharityStatusTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATION: | FormAndLineReferenceDesc |
| Explanation | NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: RIVERSIDE MILITARY ACADEMY FOUNDATION, INC. EIN: 46-4243684 2001 RIVERSIDE DRIVE GAINESVILLE, GA 30501 PRIMARY ACTIVITY: RAISE AND RECEIVE FUNDS FOR THE SUPPORT OF RIVERSIDE MILITARY ACADEMY | ExplanationTxt |
Comments