WORCESTER PREPARATORY SCHOOL INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WORCESTER PREPARATORY SCHOOL INC (EIN 52-0903685)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202231339349305833
- Schema version
- 2020v4.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T14:28:48-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 520619968 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAW CASSON & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9748 STEPHEN DECATUR HWY STE 103 | AddressLine1Txt |
| City | OCEAN CITY | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 218429358 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520903685 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORCESTER PREPARATORY SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WORC | BusinessNameControlTxt |
| Phone | 4106413575 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 1006 | AddressLine1Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21811 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM E ESHAM JR | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 4106413575 | PhoneNum |
| Signature | 2022-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM E | PersonFirstNm |
| Person Last | ESHAM JR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHAD T VENT | PreparerPersonNm |
| PTIN | P01212680 | PTIN |
| Phone | 4102138700 | PhoneNum |
| Preparation | 2022-05-09 | PreparationDt |
| 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 | WILLIAM E ESHAM JR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 77 | AddressLine1Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21811 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,172,370 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WORCESTERPREP.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | SCHOOL | OtherOrganizationDsc |
| Formation | 1969 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE EDUCATION | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 170 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,231,038 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,212,145 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,062,989 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,521,647 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$148,000 | PYInvestmentIncomeAmt |
| CY Investment Income | $269,383 | CYInvestmentIncomeAmt |
| PY Other Revenue | $150,353 | PYOtherRevenueAmt |
| CY Other Revenue | $148,326 | CYOtherRevenueAmt |
| PY Total Revenue | $8,296,380 | PYTotalRevenueAmt |
| CY Total Revenue | $8,151,501 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,735,408 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,725,742 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $160,276 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,712,742 | PYOtherExpensesAmt |
| CY Other Expenses | $2,088,262 | CYOtherExpensesAmt |
| PY Total Expenses | $7,448,150 | PYTotalExpensesAmt |
| CY Total Expenses | $6,814,004 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $848,230 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,337,497 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,673,246 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,536,412 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $921,517 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,071,899 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,751,729 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,464,513 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE EDUCATION | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $4,590,609 | ExpenseAmt |
| Revenue | $6,521,647 | RevenueAmt |
| Desc | OPERATION OF EDUCATION FACILITY - 550 STUDENTS, APPROXIMATELY 42 FULL-TIME TEACHERS AND 25 ADMINISTRATORS AND STAFF. AWARDS OF EXCELLENCE PROVIDED TO STUDENTS OF PARTICULAR MERIT. | Desc |
| Total Program Service Expenses | $4,590,609 | 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 | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 170 | 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 | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUSINESS MANAGER | BusinessNameLine1Txt |
| Business Name Line2 | WORCESTER PREP SCHOOL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4106413575 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 1006 | AddressLine1Txt |
| Address Line2 | P O BOX 1006 | AddressLine2Txt |
| City | BERLIN | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 218111006 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| DR JOHN MCDONALD | |||||||
| HEADMASTER | 45.00 | Yes (X) | $168,389 | $0 | $0 | ||
| PAULA H LYNCH | |||||||
| BUSINESS MAN | 40.00 | $135,166 | $0 | $0 | Yes (X) | ||
| ANN BATEMAN | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| TODD BURBAGE | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| CATHY DAVIES-HARMON | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| J STEVEN GREEN | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| STEPHEN HAMMOND | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| REESE CROPPER III | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| WILLIAM E ESHAM III | |||||||
| TRUSTEE & AS | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| CHARLES R JENKINS | |||||||
| PRESIDENT | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| LAURA JENKINS | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| WILLIAM E ESHAM JR | |||||||
| SECRETARY/TR | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| LLOYD LEWIS | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| KATHY MARSHALL | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| S ALEXANDER MOORE | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| CHARLES NICHOLS | |||||||
| TRUSTEE & AS | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| MITCHELL M PARKER | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| G TROY PURNELL | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| GEORGE A PURNELL | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| MITCHELL TRUIT | |||||||
| TRUSTEE | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $303,555 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $5,000 | FundraisingAmt |
| Government Grants | $1,024,300 | GovernmentGrantsAmt |
| All Other Contributions | $182,845 | AllOtherContributionsAmt |
| Total Contributions | $1,212,145 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND SCHOOL | 611710 | $6,356,028 | $6,356,028 |
| OTHER ACTIVITIES | 611710 | $105,678 | $105,678 |
| OTHER PROGRAM SERVICE REVENUE | $59,941 | $59,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,521,647 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $245,608 | TotalRevenueColumnAmt |
| Exclusion | $245,608 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $23,775 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $23,775 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,775 | TotalRevenueColumnAmt |
| Exclusion | $23,775 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $169,195 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $5,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $20,869 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $148,326 | TotalRevenueColumnAmt |
| Exclusion | $148,326 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,151,501 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,521,647 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $417,709 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,227,171 | TotalAmt |
| Program Services | $2,905,866 | ProgramServicesAmt |
| Management And General | $1,171,540 | ManagementAndGeneralAmt |
| Fundraising | $149,765 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,866 | TotalAmt |
| Program Services | $183,866 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,705 | TotalAmt |
| Program Services | $216,076 | ProgramServicesAmt |
| Management And General | $88,118 | ManagementAndGeneralAmt |
| Fundraising | $10,511 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,450 | TotalAmt |
| Management And General | $14,450 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,780 | TotalAmt |
| Program Services | $27,780 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,043,605 | TotalAmt |
| Program Services | $759,179 | ProgramServicesAmt |
| Management And General | $284,426 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,102 | TotalAmt |
| Program Services | $35,102 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,028 | TotalAmt |
| Program Services | $31,394 | ProgramServicesAmt |
| Management And General | $15,634 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,550 | TotalAmt |
| Program Services | $2,718 | ProgramServicesAmt |
| Management And General | $7,832 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91 | TotalAmt |
| Program Services | $91 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,608 | TotalAmt |
| Program Services | $354,774 | ProgramServicesAmt |
| Management And General | $1,834 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $553,048 | TotalAmt |
| Program Services | $73,763 | ProgramServicesAmt |
| Management And General | $479,285 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,814,004 | TotalAmt |
| Program Services | $4,590,609 | ProgramServicesAmt |
| Management And General | $2,063,119 | ManagementAndGeneralAmt |
| Fundraising | $160,276 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $873,120 | BOYAmt |
| EOY | $1,564,647 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,071,663 | BOYAmt |
| EOY | $4,939,348 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,788 | BOYAmt |
| EOY | $134,788 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,305 | BOYAmt |
| EOY | $28,043 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,033 | BOYAmt |
| EOY | $78,140 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $14,916,956 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,021,992 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,251,572 | BOYAmt |
| EOY | $4,894,964 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,260,765 | BOYAmt |
| EOY | $5,896,482 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,673,246 | BOYAmt |
| EOY | $17,536,412 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $11,265 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $921,517 | BOYAmt |
| EOY | $1,060,634 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $921,517 | BOYAmt |
| EOY | $1,071,899 | 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 | $14,020,416 | BOYAmt |
| EOY | $15,644,678 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $731,313 | BOYAmt |
| EOY | $819,835 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,751,729 | BOYAmt |
| EOY | $16,464,513 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,673,246 | BOYAmt |
| EOY | $17,536,412 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,337,497 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $463,809 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$88,522 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| 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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $122,612 | InvestmentCostOrOtherBasisAmt |
| Book Value | $122,612 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,326,100 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $7,313,138 | DepreciationAmt |
| Book Value | $4,012,962 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $619,866 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $260,010 | DepreciationAmt |
| Book Value | $359,856 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,404,143 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,162,824 | DepreciationAmt |
| Book Value | $241,319 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $444,235 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $286,020 | DepreciationAmt |
| Book Value | $158,215 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,894,964 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BOND FUNDS | $2,077,076 | F |
| INVESTMENT GRADE FUND | $941,945 | F |
| BROKERAGE CASH RESERVE TRUST | $934,174 | F |
| MSDW INVESTMENTS | $930,840 | F |
| ALLOWANCE ACCOUNT | $654,215 | F |
| SCHOLARSHIP FUND | $301,752 | F |
| TULL SCHOLARSHIP | $21,212 | F |
| PNC STOCK | $18,021 | F |
| CFES ENDOWMENT FUNDS | $17,247 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,896,482 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCED ENROLLMENT FEES | $600,007 |
| FACULTY SALARIES PAYABLE | $423,067 |
| PAYROLL RELATED LIABILITIES | $37,560 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,060,634 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XIII | FormAndLineReferenceDesc |
| Explanation | PART X FIN 48 FOOTNOTE MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS TAX; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS HAS BEEN PROVIDED. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TASING AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL STATES ITS NONDISCRIMINATORY POLICY IN ADVERTISEMENTS THAT ARE PUBLISHED IN APPROXIMATELY EIGHT DIFFERENT LOCAL AND REGIONAL PUBLICATIONS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA AUCTION & | Event1Nm |
| Gross Receipts Event1 | $174,195 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $5,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $169,195 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $20,869 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $174,195 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $5,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $169,195 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $20,869 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $20,869 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $148,326 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR JOHN MCDONALD | PersonNm |
| Title | HEADMASTER | TitleTxt |
| Base Compensation Filing Org | $168,389 | BaseCompensationFilingOrgAmt |
| Total Compensation Filing Org | $168,389 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 2 | WILLIAM E ESHAM JR WILLIAM E ESHAM III FAMILY AND BUSINESS GEORGE A PURNELL G TROY PURNELL FAMILY AND BUSINESS CHARLES R JENKINS LAURA JENKINS FAMILY CHARLES R JENKINS WILLIAM E ESHAM JR BUSINESS |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE SCHOOL FINANCE COMMITTEE REVIEWS THE FINANCIAL INFORMATION |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE OFFICERS SIGN A WRITTEN CONFLICT OF INTERST POLICY ANNUALLY, AND THE POLICY IS MONITORED AND ENFORCED BY THE SCHOOLS ADMINISTRATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | A PAPER COPY OF THE FORM 990 WILL BE AVAILABLE UPON REQUEST TO THE SCHOOLS BOARD OF DIRECTORS. |
| FORM 990, PART IX, LINE 11G | PROGRAM SERVICE EXPENSES 729,197 128,674 0 TESTING 6,593 0 0 PROFESSIONAL DEV AND DUES 23,389 0 0 TRUSTEE EXPENSES 0 1,150 0 DEVELOPMENT OFFICE 0 154,602 0 TOTAL 759,179 284,426 0 |
| FORM 990, PART XI, LINE 9 | PRIOR PERIOD FUND BALANCE ADJUSTMENT -88,522 UNALLOCATED FUND BALANCE ADJUSTMENT FROM PRIOR YEARS |
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