CANTERBURY SCHOOL CORPORATION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- CANTERBURY SCHOOL CORPORATION (EIN 59-1058089)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-05-26
- IRS object ID
- 202041479349300949
- Schema version
- 2018v3.1
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-26T13:17:31-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4501 TAMIAMI TRAIL NORTH SUITE 200 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 341033548 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591058089 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANTERBURY SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CANT | BusinessNameControlTxt |
| Phone | 2394814323 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8141 COLLEGE PARKWAY | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33919 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAERTES MANUELIDIS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2394814323 | PhoneNum |
| Signature | 2020-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMELIA COOPER | PreparerPersonNm |
| PTIN | P00437898 | PTIN |
| Phone | 2392628686 | PhoneNum |
| Preparation | 2020-04-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-04-15 | IPDt |
| IP Tm | 13:11:09 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 3B3A1289959CA9CF172F1F64CBA6E277D3E8225D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-22 18:59:49Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD KIRSCHNER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8141 COLLEGE PARKWAY | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33919 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,500,881 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CANTERBURYFORTMYERS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ACADEMIC EXCELLENCE WHILE EMPHASIZING CHARACTER, LEADERSHIP AND SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 228 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,321,456 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,052,382 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,995,138 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,440,008 | CYProgramServiceRevenueAmt |
| PY Investment Income | $565,366 | PYInvestmentIncomeAmt |
| CY Investment Income | $189,088 | CYInvestmentIncomeAmt |
| PY Other Revenue | $84,377 | PYOtherRevenueAmt |
| CY Other Revenue | -$43,043 | CYOtherRevenueAmt |
| PY Total Revenue | $17,966,337 | PYTotalRevenueAmt |
| CY Total Revenue | $23,638,435 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,961,245 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,237,740 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,703,084 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,415,634 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $23,298 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $605,739 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,143,645 | PYOtherExpensesAmt |
| CY Other Expenses | $4,812,038 | CYOtherExpensesAmt |
| PY Total Expenses | $17,807,974 | PYTotalExpensesAmt |
| CY Total Expenses | $19,488,710 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $158,363 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,149,725 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $30,201,765 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,236,169 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,873,508 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,649,325 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,328,257 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,586,844 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CANTERBURY SCHOOL IS PK3-12, COEDUCATIONAL, COLLEGE PREPARATORY DAY SCHOOL WITH APPROXIMATELY 650 STUDENTS. THE SCHOOL IS DEDICATED TO ACADEMIC EXCELLENCE WITHIN A CARING AND SUPPORTIVE COMMUNITY EMPHASIZING CHARACTER, LEADERSHIP AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,673,946 | ExpenseAmt |
| Grant | $3,237,740 | GrantAmt |
| Revenue | $17,524,308 | RevenueAmt |
| Desc | CANTERBURY HISTORY IS RICH IN LEADERSHIP AND VISION BY THOSE WHO HAVE COME BEFORE US AS DONORS, VISIONARIES AND VOLUNTEERS. TOGETHER THEY HAVE SET THE COURSE FOR WHAT CANTERBURY IS TODAY, A WELL-RESPECTED EDUCATIONAL INSTITUTION PRODUCING STUDENTS WHO ARE PREPARED FOR SUCCESS IN COLLEGE AND BEYOND.(CONTINUED ON SCHEDULE O).COURSE OF STUDIES:OUR STUDENTS PURSUE A RIGOROUS SCHEDULE OF COLLEGE PREPARATORY CLASSES FOR ALL FOUR YEARS IN THE UPPER SCHOOL. ALL CLASSES AT CANTERBURY SCHOOL ARE TAUGHT AT THE HONORS LEVEL, WITH ADVANCED PLACEMENT (AP) AND INDEPENDENT STUDIES PROVIDING EXTRA CHALLENGES. AP COURSES ARE PROVIDED IN ALL CORE SUBJECT AREAS. ENROLLMENT IN AP IS DETERMINED BY ACADEMIC DEPARTMENT POLICIES AND/OR PREREQUISITE COURSES.ATHLETICS AND EXTRACURRICULAR ACTIVITIES:ATHLETICS, CLUBS AND ORGANIZATIONS PLAY KEY ROLES IN STUDENT LIFE. CANTERBURY OFFERS AN ARRAY OF SPORTS FOR STUDENT PARTICIPATION INCLUDING: FOOTBALL, SOCCER, BASEBALL, BASKETBALL, VOLLEYBALL, SWIMMING, TENNIS, GOLF, CROSS- COUNTRY, TRACK AND FIELD AND LACROSSE. 75% OF OUR UPPER SCHOOL STUDENTS PARTICIPATE IN SPORTS.THERE ARE WELL OVER 20 ACTIVE CLUBS ON CAMPUS INCLUDING YEARBOOK, CHESS, MOCK TRIAL, AND MODEL UN. CLUB MEMBERS MEET ON A REGULAR BASIS THROUGHOUT THE YEAR. ADDITIONALLY, STUDENTS PARTICIPATE IN A VARIETY OF LOCAL, STATE, NATIONAL AND INTERNATIONAL SCHOLASTIC COMPETITIONS.STUDENTS DRAWN FROM: ALVA, BOKEELIA, BONITA SPRINGS, CAPE CORAL, ESTERO, FORT MYERS, FORT MYERS BEACH, LABELLE, LEHIGH ACRES, NAPLES, NORTH FORT MYERS, PORT CHARLOTTE, PUNTA GORDA, SANIBEL GRADUATES ACCEPTED TO FOUR-YEAR COLLEGES OR UNIVERSITIES: 100% AVERAGE CLASS SIZE: 16STUDENT/FACULTY RATIO: 10:1 FINANCIAL AID: FOR THE 2019-2020 SCHOOL YEAR, CANTERBURY SCHOOL PROVIDED APPROXIMATELY $3,600,000 OF FINANCIAL ASSISTANCE TO 30% OF THE STUDENT BODY. CANTERBURY SCHOOL ADHERES TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS' "PRINCIPLES OF GOOD PRACTICE FOR FINANCIAL AID."TUITION REMISSION: FOR THE 2019-2020 SCHOOL YEAR, CANTERBURY SCHOOL PROVIDED APPROXIMATELY $1,200,000 AS A TUITION REMISSION BENEFIT TO CHILDREN OF EMPLOYEES, ABOUT 8% OF THE STUDENT BODY.UPPER SCHOOL STUDENTS PARTICIPATING IN SPORTS: 75% PERCENTAGE OF FACULTY & ADMINISTRATION HOLDING ADVANCED DEGREES: 47%CLASS OF 2019 SAT AVERAGE OF HIGHEST SCORES: CRITICAL READING & WRITING: 634; MATH: 635CLASS OF 2019 ACT COMPOSITE SCORE: 26.5MASCOT: COUGAR ATHLETIC TEAMS: FOOTBALL, SOCCER, BASKETBALL, BASEBALL, VOLLEYBALL, SWIMMING, TENNIS, GOLF, CROSS-COUNTRY, TRACK & FIELD AND LACROSSE ACCREDITATIONS/MEMBERSHIPS:- NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS- FLORIDA COUNCIL OF INDEPENDENT SCHOOLS- SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS- SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS- NATIONAL ASSOCIATION OF COLLEGE ADMISSION COUNSELING- THE COLLEGE BOARDACADEMIC SOCIETIES:- CUM LAUDE SOCIETY- INTERNATIONAL THESPIAN SOCIETY- LA SOCIETE HONORAIRE DE FRANCAIS- MU ALPHA THETA MATHEMATICS HONOR SOCIETY- NATIONAL ENGLISH HONOR SOCIETY- NATIONAL HONOR SOCIETY- NATIONAL LATIN HONOR SOCIETY- RHO KAPPA, FCSS STUDENT HONOR SOCIETY- SCIENCE NATIONAL HONOR SOCIETY- SOCIEDAD HONORARIA HISPANICAPHILANTHROPY: THE SCHOOL RELIES ON TUITION AND PHILANTHROPIC SUPPORT. | Desc |
| Total Program Service Expenses | $13,673,946 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 228 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN RYAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2394814323 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8141 COLLEGE PARKWAY | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33919 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| TODD CARUSO | |||||||
| BOARD CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LORI MAY | |||||||
| VICE CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL DAMIANI | |||||||
| SECRETARY | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LAERTES MANUELIDIS | |||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RIE AIHARA | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ERIC APPLEGREN | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ED BELL | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| RYAN BENSON | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| SUZANNE BOY | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TOM BURT | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DOMINIC CAMERATTA | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JOE CATTI | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN CHICONE | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH DOSORETZ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHAUNCEY GOSS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DAVID LUCAS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PICKETT | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TAREK SALHAB | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DEENA SCHWARTZ | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| AMY STANFILL | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| SARA STENSRUD | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| TRUDI WILLIAMS | |||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| ELKE PODOLASEK | |||||||
| MOTHERS CLUB REPRESENTATION | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MICHEAL RUBENSTEIN | |||||||
| ALUMNI ASSOCIATION REPRESENTATIVE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MARK MASCARELLI | |||||||
| FATHERS CLUB REPRESENTATIVE | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| RICK KIRSCHNER | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $266,269 | $0 | $39,120 | ||
| SUSAN RYAN | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $178,990 | $0 | $26,406 | ||
| GEORGE PAPPAS | |||||||
| ASSOC. HEAD OF SCHOOL FOR ADVANCEMENT | 40.00 | $118,203 | $0 | $56,848 | Yes (X) | ||
| FRANK TURCO | |||||||
| ATHLETIC DIRECTOR | 40.00 | $109,890 | $0 | $25,638 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $673,352 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $148,012 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAGE DINING SERVICES | |||||
| 1402 YORK ROAD | LUTHERVILLE | MD | 33548 | CAFETERIA DINING SERVICE & CATERING | $635,914 |
| ENTECH COMPUTER SERVICES | |||||
| 6338 PRESIDENTIAL COURT - SUITE 201 | FORT MYERS | FL | 33919 | OUTSOURCED TECHNOLOGY AND COMPUTER CONSU | $320,941 |
| JSM SERVICES | |||||
| PO BOX 897 | LUTZ | FL | 33548 | ATHLETIC FIELD CONSTRUCTION & MAINTENANC | $183,768 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $410,600 | FundraisingAmt |
| All Other Contributions | $5,641,782 | AllOtherContributionsAmt |
| Noncash Contributions | $1,233,606 | NoncashContributionsAmt |
| Total Contributions | $6,052,382 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611110 | $16,199,012 | $16,199,012 |
| AUXILIARY PROGRAMS | 611110 | $1,191,601 | $1,191,601 |
| STUDENT ACTIVITIES | 611110 | $49,395 | $49,395 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,440,008 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $178,197 | TotalRevenueColumnAmt |
| Exclusion | $178,197 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,668 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,668 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,668 | TotalRevenueColumnAmt |
| Exclusion | $6,668 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,595,317 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,584,426 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,891 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,891 | TotalRevenueColumnAmt |
| Exclusion | $10,891 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $88,315 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $410,600 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $229,371 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$141,056 | TotalRevenueColumnAmt |
| Exclusion | -$141,056 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $52,011 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $48,649 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,362 | TotalRevenueColumnAmt |
| Exclusion | $3,362 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| MISCELLANEOUS REVENUE | 900099 | $83,778 | $83,778 | |
| SETTLEMENT REVENUE | 900099 | $4,205 | $4,205 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $87,983 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,638,435 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,523,786 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $62,267 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,237,740 | TotalAmt |
| Program Services | $3,237,740 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,341 | TotalAmt |
| Management And General | $481,423 | ManagementAndGeneralAmt |
| Fundraising | $29,918 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,871,479 | TotalAmt |
| Program Services | $6,953,350 | ProgramServicesAmt |
| Management And General | $501,266 | ManagementAndGeneralAmt |
| Fundraising | $416,863 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,561 | TotalAmt |
| Program Services | $331,175 | ProgramServicesAmt |
| Management And General | $93,586 | ManagementAndGeneralAmt |
| Fundraising | $5,800 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,031,084 | TotalAmt |
| Program Services | $797,353 | ProgramServicesAmt |
| Management And General | $1,221,885 | ManagementAndGeneralAmt |
| Fundraising | $11,846 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $571,169 | TotalAmt |
| Program Services | $474,870 | ProgramServicesAmt |
| Management And General | $76,879 | ManagementAndGeneralAmt |
| Fundraising | $19,420 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,000 | TotalAmt |
| Program Services | $45,000 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,861 | TotalAmt |
| Management And General | $17,861 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,875 | TotalAmt |
| Management And General | $37,875 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,298 | TotalAmt |
| Fundraising | $23,298 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,312 | TotalAmt |
| Management And General | $35,312 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,783 | TotalAmt |
| Program Services | $243,649 | ProgramServicesAmt |
| Management And General | $90,369 | ManagementAndGeneralAmt |
| Fundraising | $30,765 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,266 | TotalAmt |
| Program Services | $790 | ProgramServicesAmt |
| Management And General | $18,476 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $486,798 | TotalAmt |
| Program Services | $347,100 | ProgramServicesAmt |
| Management And General | $97,706 | ManagementAndGeneralAmt |
| Fundraising | $41,992 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,515 | TotalAmt |
| Management And General | $209,515 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,081 | TotalAmt |
| Program Services | $285,081 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,332 | TotalAmt |
| Program Services | $78,116 | ProgramServicesAmt |
| Management And General | $23,146 | ManagementAndGeneralAmt |
| Fundraising | $17,070 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,747 | TotalAmt |
| Program Services | $57,220 | ProgramServicesAmt |
| Management And General | $16,040 | ManagementAndGeneralAmt |
| Fundraising | $3,487 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $923,274 | TotalAmt |
| Management And General | $923,274 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,891 | TotalAmt |
| Management And General | $997,891 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $304,692 | TotalAmt |
| Management And General | $304,507 | ManagementAndGeneralAmt |
| Fundraising | $185 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT SUPPLIES | $702,569 | $702,569 | ||
| PUBLICATIONS, DUES & SU | $49,588 | $17,337 | $28,993 | $3,258 |
| MISCELLANEOUS | $36,535 | $20,162 | $16,220 | $153 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,919 | TotalAmt |
| Program Services | $82,434 | ProgramServicesAmt |
| Management And General | $16,801 | ManagementAndGeneralAmt |
| Fundraising | $1,684 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,488,710 | TotalAmt |
| Program Services | $13,673,946 | ProgramServicesAmt |
| Management And General | $5,209,025 | ManagementAndGeneralAmt |
| Fundraising | $605,739 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $935,904 | BOYAmt |
| EOY | $1,412,306 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,950 | BOYAmt |
| EOY | $541,287 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,370 | BOYAmt |
| EOY | $2,172,775 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,790 | BOYAmt |
| EOY | $104,724 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,283 | BOYAmt |
| EOY | $53,655 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,852 | BOYAmt |
| EOY | $253,607 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $39,009,142 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,628,269 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,444,878 | BOYAmt |
| EOY | $21,380,873 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,816,738 | BOYAmt |
| EOY | $6,316,942 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,201,765 | BOYAmt |
| EOY | $32,236,169 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $968,210 | BOYAmt |
| EOY | $1,027,755 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,439,333 | BOYAmt |
| EOY | $3,349,924 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,740,052 | BOYAmt |
| EOY | $16,823,839 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,296 | BOYAmt |
| EOY | $66,375 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $592,617 | BOYAmt |
| EOY | $1,381,432 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,873,508 | BOYAmt |
| EOY | $22,649,325 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,339,574 | BOYAmt |
| EOY | $4,218,123 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,630,060 | BOYAmt |
| EOY | $4,010,098 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,358,623 | BOYAmt |
| EOY | $1,358,623 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,328,257 | BOYAmt |
| EOY | $9,586,844 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,201,765 | BOYAmt |
| EOY | $32,236,169 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,149,725 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$891,138 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,927,047 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $105,408 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,032,455 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,785,015 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $142,032 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,927,047 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,598,210 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $186,805 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,785,015 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,597,463 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $747 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,598,210 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,412,571 | BeginningYearBalanceAmt |
| Contributions | $5,000 | ContributionsAmt |
| Investment Earnings Or Losses | $26,695 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $846,803 | OtherExpendituresAmt |
| End Year Balance | $1,597,463 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.71250 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.28750 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,641,930 | OtherCostOrOtherBasisAmt |
| Book Value | $8,641,930 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,303,853 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,948,659 | DepreciationAmt |
| Book Value | $11,355,194 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $827,471 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,337,238 | DepreciationAmt |
| Book Value | -$3,509,767 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,235,888 | OtherCostOrOtherBasisAmt |
| Depreciation | $342,372 | DepreciationAmt |
| Book Value | $4,893,516 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,380,873 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OBLIGATION UNDER INTEREST RATE SWAP AGREEMENTS | $1,225,779 |
| STUDENT ACTIVITIES FUNDS | $35,653 |
| OTHER PAYABLE | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,381,432 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,678,402 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $51,163 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$4,059,845 | OtherRevenueAmt |
| Revenue Not Reported | -$4,008,682 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,687,084 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$48,649 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$48,649 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,638,435 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,419,815 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $168,845 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $168,845 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,250,970 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,237,740 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,237,740 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,488,710 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE USED BASED ON THE SPECIFIC DONOR IMPOSED RESTRICTIONS OF EACH FUND. |
| PART X, LINE 2: | THE SCHOOL FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS AND AS A RESULT, EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON INTEREST RATE SWAP AGREEMENT -822,105. FINANCIAL AID -3,237,740. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOOL STORE COST OF GOODS SOLD -48,649. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SCHOOL STORE COST OF GOODS SOLD 48,649. BAD DEBT EXPENSE 120,196. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 3,237,740. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PUBLISHES THE FOLLOWING NOTICE IN LOCAL NEWSPAPERS DURING THE PERIOD OF REGISTRATION FOR STUDENTS: THE CANTERBURY SCHOOL ADMITS STUDENTS OF ANY RACE, RELIGION, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STARR SNEAD | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1359 NORTH EDGEWATER DRIVE | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29407 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CONSULTING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $23,298 | RetainedByContractorAmt |
| Net To Organization | -$23,298 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $23,298 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$23,298 | TotalNetToOrganizationAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | EXTRAVAGANZA | Event1Nm |
| Gross Receipts Event1 | $498,915 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $410,600 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $88,315 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $178,535 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $12,506 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $404 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $37,926 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $498,915 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $410,600 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $88,315 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $178,535 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $12,506 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $404 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $37,926 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $229,371 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$141,056 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID AND SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 194 | RecipientCnt |
| Cash Grant | $3,149,570 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CANTERBURY SCHOOL ADHERES TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS' "PRINCIPLES OF GOOD PRACTICE FOR FINANCIAL AID". FINANCIAL AID GRANTS ARE OFFERED TO STUDENTS WHO HAVE BEEN ACCEPTED TO CANTERBURY SCHOOL AND WHOSE FAMILIES DEMONSTRATE FINANCIAL NEED. TO ASSESS THE LEVEL OF NEED, CANTERBURY SCHOOL USES THE CALCULATIONS OF THE SCHOOL AND STUDENT SERVICES (SSS) AS A GUIDELINE. THE FAMILY'S TOTAL INCOME, ASSETS AND SPECIAL CIRCUMSTANCES ARE TAKEN INTO CONSIDERATION. CANTERBURY SCHOOL'S FINANCIAL AID COMMITTEE REVIEWS ALL APPLICATIONS AND MAKES THE FINAL AWARD. DECISIONS ARE INFLUENCED BY THE AVAILABILITY OF SCHOOL RESOURCES, THE NUMBER OF QUALIFIED APPLICANTS, AND OVERALL BUDGETARY CONSTRAINTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICK KIRSCHNER | ||||||||||||||
| HEAD OF SCHOOL | $266,269 | $0 | $0 | $0 | $0 | $0 | $12,998 | $0 | $26,122 | $0 | $305,389 | $0 | $0 | $0 |
| SUSAN RYAN | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $178,990 | $0 | $0 | $0 | $0 | $0 | $21,583 | $0 | $4,823 | $0 | $205,396 | $0 | $0 | $0 |
| GEORGE PAPPAS | ||||||||||||||
| ASSOC. HEAD OF SCHOOL FOR ADVANCEMEN | $118,203 | $0 | $0 | $0 | $0 | $0 | $34,585 | $0 | $22,263 | $0 | $175,051 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | RICK KIRSCHNER RECEIVED HOUSING ALLOWANCE FOR $26,000 THAT WAS INCLUDED IN HIS TAXABLE COMPENSATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 591793462 | BondIssuerEIN |
| Bond Issued | 2009-10-02 | BondIssuedDt |
| Issue Price | $20,685,000 | IssuePriceAmt |
| Purpose | CREDIT ENHANCEMENT AND LIQUIDITY | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $3,861,161 | RetiredAmt |
| Total Proceeds | $20,685,000 | TotalProceedsAmt |
| In Reserve Fund | $744 | InReserveFundAmt |
| Issuance Costs From Proceeds | $184,256 | IssuanceCostsFromProceedsAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | 0 | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNTRUST BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 21.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,055,071 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PUBLICLY TRADED VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | AUCTION ITEMS | Desc |
| Contribution | 101 | ContributionCnt |
| Noncash Contributions Rpt F990 | $178,535 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE OF THE SCHOOL IS MADE UP OF THE ELECTED OFFICERS OF THE BOARD OF TRUSTEES AND ACTS FOR AND ON BEHALF OF THE BOARD OF TRUSTEES. IT HAS THE FULL AUTHORITY OF THE BOARD OF TRUSTEES UNTIL THE NEXT GENERAL MEETING AND REPORTS ITS ACTIONS TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD TREASURER REVIEWS A DRAFT OF THE TAX RETURN FOR ACCURACY AND COMPLETENESS PRIOR TO SIGNING AND FILING THE TAX RETURN. THE ENTIRE BOARD IS PROVIDED A COPY OF THE PUBLIC FILING COPY AT THE NEXT BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF TRUSTEES IS COMMITTED TO AVOIDING CONFLICTS BETWEEN THE INTERESTS OF THE SCHOOL AND ANY PERSONAL INTEREST OF A TRUSTEE. A TRUSTEE MUST MANAGE HIS OR HER PERSONAL AND BUSINESS AFFAIRS LEGALLY AND ETHICALLY, SO AS TO AVOID AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST. GENERALLY, A CONFLICT MAY ARISE WHEN 1) A TRUSTEE HAS AN EXISTING OR POTENTIAL FINANCIAL OR OTHER INTEREST WHICH IMPAIRS, OR MIGHT APPEAR TO IMPAIR, HIS OR HER OBJECTIVITY IN SERVING THE SCHOOL; OR 2) A TRUSTEE MIGHT DERIVE, OR APPEAR TO DERIVE, A FINANCIAL OR OTHER MATERIAL BENEFIT FROM HIS OR HER BOARD SERVICE. ULTIMATELY, THE DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS RELIES ON EACH TRUSTEE'S SOUND JUDGMENT, HONESTY, AND ETHICS. WHEN A POTENTIAL CONFLICT OF INTEREST EXISTS OR IS BELIEVED TO EXIST, PROMPT DISCLOSURE TO THE CHAIR OR CO-CHAIR IS REQUIRED. RECUSAL OR ABSTENTION MAY BE REQUIRED. EACH TRUSTEE IS REQUIRED TO SIGN A COPY OF THIS POLICY ON AN ANNUAL BASIS. EACH TRUSTEE IS REQUIRED TO ABIDE BY THIS CODE OF CONDUCT/CONFLICT OF INTEREST POLICY AND WITH THE BY LAWS AT ALL TIMES. FAILURE TO DO SO SHALL RESULT IN REMOVAL FROM THE BOARD OF TRUSTEES. FURTHER, VIOLATION OF THIS POLICY OR OTHER POLICIES ADOPTED BY THE BOARD OF TRUSTEES MAY RESULT IN THE TRUSTEE'S REMOVAL FROM THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL (HEAD OF SCHOOL) IS BENCHMARKED AGAINST COMPARABLE POSITIONS AT PEER INSTITUTIONS AND REVIEWED BY THE BOARD OF TRUSTEES. COMPENSATION FOR KEY EMPLOYEES IS BENCHMARKED AGAINST COMPARABLE POSITIONS AT PEER INSTITUTIONS, USING THE DASL SURVERY WHICH IS COLLECTED ANNUALLY IN THE FALL BY NAIS. THE HEAD OF SCHOOL REVIEWS THE DATA TO DETERMINE SALARIES. THE MOST RECENT YEAR IN WHICH THIS PROCESS WAS COMPLETED WAS 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | LOSS ON INTEREST RATE SWAP AGREEMENT -822,105. BAD DEBT EXPENSE -120,196. UNREALIZED GAIN 51,163. |
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