GRACE CHURCH SCHOOL: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- GRACE CHURCH SCHOOL (EIN 11-3752853)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-04-25
- IRS object ID
- 201901159349300440
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-04-25T13:10:40-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113518842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKS PANETH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113752853 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRACE CHURCH SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAC | BusinessNameControlTxt |
| Phone | 2124755609 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 86 FOURTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100035232 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANK KAMENAR | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2124755609 | PhoneNum |
| Signature | 2019-04-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGDALENA M CZERNIAWSKI | PreparerPersonNm |
| PTIN | P00535099 | PTIN |
| Phone | 2125038800 | PhoneNum |
| Preparation | 2019-04-19 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 47.19.112.226 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-04-19 | IPDt |
| IP Tm | 08:10:59 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | CE55B992A4E7BB938BB83E29A744DC585541D033 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C9F00FD95E436BC684235A774996A9E8B56183B1 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANK KAMENAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 86 FOURTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100035232 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $57,202,351 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GCSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE EXEMPLARY EDUCATION FOR CHILDREN REFLECTING ETHNIC, RELIGIOUS AND ECONOMIC DIVERSITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 343 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $151,001 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,108,075 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,656,054 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,512,611 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,159,304 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,010,817 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,590,532 | CYInvestmentIncomeAmt |
| PY Other Revenue | $435,753 | PYOtherRevenueAmt |
| CY Other Revenue | $596,684 | CYOtherRevenueAmt |
| PY Total Revenue | $42,067,256 | PYTotalRevenueAmt |
| CY Total Revenue | $50,002,574 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,709,453 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,132,405 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,136,327 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,515,258 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $665,405 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,504,797 | PYOtherExpensesAmt |
| CY Other Expenses | $12,833,222 | CYOtherExpensesAmt |
| PY Total Expenses | $42,350,577 | PYTotalExpensesAmt |
| CY Total Expenses | $44,480,885 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$283,321 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,521,689 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $103,115,653 | TotalAssetsBOYAmt |
| Total Assets EOY | $117,814,225 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $68,922,250 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $78,754,330 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $34,193,403 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,059,895 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE EXEMPLARY EDUCATION FOR CHILDREN REFLECTING THE ETHNIC, RELIGIOUS AND ECONOMIC DIVERSITY OF NEW YORK CITY, REGARDLESS OF A FAMILY'S ABILITY TO PAY TUITION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $40,713,581 | ExpenseAmt |
| Grant | $8,132,405 | GrantAmt |
| Revenue | $36,435,947 | RevenueAmt |
| Desc | GRACE CHURCH SCHOOL SEEKS A STUDENT BODY REFLECTIVE OF THE ETHNIC, RELIGIOUS AND ECONOMIC DIVERSITY OF OUR DOWNTOWN COMMUNITY. A STRUCTURED CURRICULUM, ENRICHED WITH BROAD OPPORTUNITIES FOR CREATIVE EXPRESSION, AIMS TO DEVELOP IN EACH CHILD MENTAL KEENNESS, PHYSICAL CONFIDENCE, PLEASURE IN LEARNING, AND THE SKILLS BASIC TO UNDERSTANDING ONE'S SELF AND THE WORLD. OUR STUDENTS ARE THOROUGHLY PREPARED IN ENGLISH, MATHEMATICS, FOREIGN LANGUAGES, SCIENCE, AND HISTORY. STUDIO ART, MUSIC EDUCATION, DRAMA AND PHYSICAL EDUCATION ARE INTEGRAL TO THE CURRICULUM. COMPUTER INSTRUCTION IS INTEGRATED WITH THE SCHOOL'S COURSE OF STUDY. | Desc |
| Total Program Service Expenses | $40,713,581 | 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 | Yes (1) | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 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 | 59 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 343 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK KAMENAR CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124755609 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 86 FOURTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100035232 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ALEXANDRA SCOTT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN MELLOW | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA SIBLEY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BELLE BURDEN DAVIS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROLINA ESQUENAZI-SHAIO | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL BERGER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID SHEVLIN | ||||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAVON RUSSELL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DOMINIQUE SCHULTE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC BISCHOF | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIK SORENSEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FELICIA WASHINGTON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FOLAKE OLOGUNJA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE H WALKER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE MAJOROS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GREG GUSHEE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES BERMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JANE HOFFMAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KARIN GREENFIELD-SANDERS | ||||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KATE PLATT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LEONA S CHAMBERLIN | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MARGARET TOWLES | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIYOUNG LEE | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| OLIVIA DOUGLAS | ||||||||
| CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| PABLO LEGORRETA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| R MITCHELL THEISS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT MCCAIN | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| TOM GENIESSE | ||||||||
| ASSISTANT TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| FRANK KAMENAR | ||||||||
| CFO | 40.00 | $259,280 | $0 | $44,072 | Yes (X) | |||
| GEORGE DAVISON | ||||||||
| HEAD OF SCHOOL | 40.00 | $553,648 | $0 | $55,718 | Yes (X) | |||
| CAROL COLLET | ||||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | $225,871 | $0 | $28,388 | Yes (X) | |||
| BARBARA HANEY | ||||||||
| HEAD OF LOWER SCHOOL | 40.00 | $208,841 | $0 | $26,306 | Yes (X) | |||
| CHERYL KELLY | ||||||||
| HEAD OF EARLY CHILDHOOD | 40.00 | $177,763 | $0 | $49,536 | Yes (X) | |||
| HUGO MAHABIR | ||||||||
| HEAD HIGH SCHOOL DIVISION | 40.00 | $206,680 | $0 | $37,409 | Yes (X) | |||
| JOYCE KUH | ||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $206,985 | $0 | $26,137 | Yes (X) | |||
| MELANIE WHITE | ||||||||
| DIRECTOR OF COLLEGE COUNSE | 40.00 | $207,742 | $0 | $13,448 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,046,810 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $281,014 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 50 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $955,465 | FundraisingAmt |
| Government Grants | $472,720 | GovernmentGrantsAmt |
| All Other Contributions | $10,227,869 | AllOtherContributionsAmt |
| Noncash Contributions | $305,828 | NoncashContributionsAmt |
| Total Contributions | $11,656,054 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND TRIP FEES | 611710 | $35,585,816 | $35,585,816 |
| ANCILLARY REVENUE | 611710 | $376,879 | $376,879 |
| FORFEITED TUITION & OTHER FEES | 611710 | $143,359 | $143,359 |
| APPLICATION FEES | 611710 | $53,250 | $53,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,159,304 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,283,781 | TotalRevenueColumnAmt |
| Exclusion | $1,283,781 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $362,984 | 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 | $362,984 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $362,984 | TotalRevenueColumnAmt |
| Exclusion | $362,984 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,378,985 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,072,234 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $306,751 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $306,751 | TotalRevenueColumnAmt |
| Exclusion | $306,751 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $84,600 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $955,465 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $127,543 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$42,943 | TotalRevenueColumnAmt |
| Exclusion | -$42,943 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $276,643 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $276,643 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $276,643 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,002,574 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,435,947 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,910,573 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,132,405 | TotalAmt |
| Program Services | $8,132,405 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,255,843 | TotalAmt |
| Program Services | $281,896 | ProgramServicesAmt |
| Management And General | $916,482 | ManagementAndGeneralAmt |
| Fundraising | $57,465 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,571,551 | TotalAmt |
| Program Services | $16,130,822 | ProgramServicesAmt |
| Management And General | $1,131,946 | ManagementAndGeneralAmt |
| Fundraising | $308,783 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,260,989 | TotalAmt |
| Program Services | $1,194,449 | ProgramServicesAmt |
| Management And General | $46,351 | ManagementAndGeneralAmt |
| Fundraising | $20,189 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,133,126 | TotalAmt |
| Program Services | $1,937,968 | ProgramServicesAmt |
| Management And General | $157,816 | ManagementAndGeneralAmt |
| Fundraising | $37,342 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,293,749 | TotalAmt |
| Program Services | $1,152,478 | ProgramServicesAmt |
| Management And General | $118,126 | ManagementAndGeneralAmt |
| Fundraising | $23,145 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,287 | TotalAmt |
| Management And General | $25,287 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,610 | TotalAmt |
| Management And General | $190,610 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $603,408 | TotalAmt |
| Program Services | $539,224 | ProgramServicesAmt |
| Management And General | $59,784 | ManagementAndGeneralAmt |
| Fundraising | $4,400 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,231 | TotalAmt |
| Program Services | $5,203 | ProgramServicesAmt |
| Management And General | $28 | ManagementAndGeneralAmt |
| Fundraising | $3,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,510,123 | TotalAmt |
| Program Services | $1,330,239 | ProgramServicesAmt |
| Management And General | $121,406 | ManagementAndGeneralAmt |
| Fundraising | $58,478 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,397,855 | TotalAmt |
| Program Services | $4,343,570 | ProgramServicesAmt |
| Management And General | $44,104 | ManagementAndGeneralAmt |
| Fundraising | $10,181 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $454,840 | TotalAmt |
| Program Services | $454,840 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,568 | TotalAmt |
| Program Services | $239,916 | ProgramServicesAmt |
| Management And General | $1,652 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,212,313 | TotalAmt |
| Program Services | $1,150,420 | ProgramServicesAmt |
| Management And General | $48,553 | ManagementAndGeneralAmt |
| Fundraising | $13,340 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,186,467 | TotalAmt |
| Program Services | $2,071,968 | ProgramServicesAmt |
| Management And General | $89,820 | ManagementAndGeneralAmt |
| Fundraising | $24,679 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,839 | TotalAmt |
| Program Services | $270,391 | ProgramServicesAmt |
| Management And General | $10,367 | ManagementAndGeneralAmt |
| Fundraising | $5,081 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD COSTS | $848,750 | $752,875 | $35,620 | $60,255 |
| MISCELLANEOUS | $432,867 | $331,563 | $64,818 | $36,486 |
| INTERNSHIPS AND FACULTY | $227,685 | $227,685 | ||
| STAFF REC. AND DEV. | $170,886 | $164,176 | $4,129 | $2,581 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,493 | TotalAmt |
| Program Services | $1,493 | ProgramServicesAmt |
| Management And General | $35,000 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,480,885 | TotalAmt |
| Program Services | $40,713,581 | ProgramServicesAmt |
| Management And General | $3,101,899 | ManagementAndGeneralAmt |
| Fundraising | $665,405 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $3,408 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,127,030 | BOYAmt |
| EOY | $17,285,876 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,247,332 | BOYAmt |
| EOY | $10,198,074 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $786,496 | BOYAmt |
| EOY | $950,779 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $870,406 | BOYAmt |
| EOY | $266,786 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $72,803,926 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,312,228 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,838,353 | BOYAmt |
| EOY | $48,491,698 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,420,761 | BOYAmt |
| EOY | $34,090,683 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,825,275 | BOYAmt |
| EOY | $5,957,292 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $569,629 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,115,653 | BOYAmt |
| EOY | $117,814,225 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,006,216 | BOYAmt |
| EOY | $5,347,441 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,421,997 | BOYAmt |
| EOY | $15,773,521 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,428,790 | BOYAmt |
| EOY | $44,924,802 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,957 | BOYAmt |
| EOY | $33,563 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,935,290 | BOYAmt |
| EOY | $12,675,003 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,922,250 | BOYAmt |
| EOY | $78,754,330 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,643,039 | BOYAmt |
| EOY | $23,227,358 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,076,507 | BOYAmt |
| EOY | $8,260,561 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,473,857 | BOYAmt |
| EOY | $7,571,976 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,193,403 | BOYAmt |
| EOY | $39,059,895 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,115,653 | BOYAmt |
| EOY | $117,814,225 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,521,689 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,236,517 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,891,714 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,553,391 | BeginningYearBalanceAmt |
| Contributions | $1,210,642 | ContributionsAmt |
| Investment Earnings Or Losses | $2,318,881 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $958,500 | GrantsOrScholarshipsAmt |
| Other Expenditures | $493,800 | OtherExpendituresAmt |
| End Year Balance | $37,630,614 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,685,251 | BeginningYearBalanceAmt |
| Contributions | $814,137 | ContributionsAmt |
| Investment Earnings Or Losses | $3,299,603 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $822,100 | GrantsOrScholarshipsAmt |
| Other Expenditures | $423,500 | OtherExpendituresAmt |
| End Year Balance | $35,553,391 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,196,661 | BeginningYearBalanceAmt |
| Contributions | $1,156,655 | ContributionsAmt |
| Investment Earnings Or Losses | -$405,440 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $810,600 | GrantsOrScholarshipsAmt |
| Other Expenditures | $452,025 | OtherExpendituresAmt |
| End Year Balance | $32,685,251 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,900,149 | BeginningYearBalanceAmt |
| Contributions | $1,243,614 | ContributionsAmt |
| Investment Earnings Or Losses | $936,898 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $567,500 | GrantsOrScholarshipsAmt |
| Other Expenditures | $316,500 | OtherExpendituresAmt |
| End Year Balance | $33,196,661 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,412,038 | BeginningYearBalanceAmt |
| Contributions | $1,217,414 | ContributionsAmt |
| Investment Earnings Or Losses | $4,035,697 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $482,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $283,000 | OtherExpendituresAmt |
| End Year Balance | $31,900,149 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.79980 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.20020 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,000,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,000,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,371,188 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,659,507 | DepreciationAmt |
| Book Value | $24,711,681 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,250,165 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,458,811 | DepreciationAmt |
| Book Value | $10,791,354 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,918,694 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,193,910 | DepreciationAmt |
| Book Value | $724,784 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,263,879 | OtherCostOrOtherBasisAmt |
| Book Value | $11,263,879 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,491,698 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| SEG PARTNERS | $3,756,010 | F |
| SEG PARTNERS II | $372,272 | F |
| GREAT JONES FUND | $301,850 | F |
| PROTEGE PARTNERS | $421,776 | F |
| NORTH HAVEN CREDIT PARTNERS II | $578,038 | F |
| RPI | $527,346 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,957,292 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| Amt | $12,675,003 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,675,003 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $42,916,076 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,236,517 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$8,132,405 | OtherRevenueAmt |
| Revenue Not Reported | -$6,895,888 | RevenueNotReportedAmt |
| Revenue Subtotal | $49,811,964 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $190,610 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $190,610 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $50,002,574 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $36,309,871 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $152,001 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $152,001 | ExpensesNotReportedAmt |
| Expenses Subtotal | $36,157,870 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $190,610 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $8,132,405 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,323,015 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $44,480,885 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUND PROVIDES AN ANNUAL INCOME OF 4.5% OF ITS MARKET VALUE AS OF THE PREVIOUS DECEMBER 31 FOR THE SUPPORT OF OPERATIONS, INCLUDING PROVIDING FINANCIAL AID TO CERTAIN STUDENTS. |
| PART X, LINE 2: | THE SCHOOL BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID -8,132,405. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | TRANSPORTATION BENEFITS NON DEDUCTIBLE 152,001. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 8,132,405. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | GRACE CHURCH SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY ANNUALLY IN A NEWSPAPER, ON ITS WEBSITE, AND ON THE ADMISSIONS APPLICATION. |
| SCHEDULE E, PART I, LINE 6 | GRACE CHURCH SCHOOL IS A RECIPIENT OF A GRANT FROM THE NEW YORK STATE EDUCATION DEPARTMENT TO REIMBURSE NON-PUBLIC SCHOOLS FOR PERFORMING CERTAIN MANDATED SERVICES. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $999,814 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $999,814 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $999,814 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $1,040,065 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $955,465 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $84,600 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $54,401 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $73,142 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,040,065 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $955,465 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $84,600 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $54,401 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $73,142 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $127,543 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$42,943 | 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 | STUDENT FINANCIAL AID | GrantTypeTxt |
| Recipient | 215 | RecipientCnt |
| Cash Grant | $8,132,405 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL GRANTED NEEDS-BASED FINANCIAL AID TO 215 STUDENTS DURING THE YEAR ENDED JUNE 30, 2018. PARENTS ARE REQUIRED TO FILL OUT AN APPLICATION DEPICTING THEIR FINANCIAL POSITION ALONG WITH COPIES OF THEIR TAX RETURNS AND THE AMOUNT OF AID THEY ARE REQUESTING. A FINANCIAL AID COMMITTEE REVIEWS THE APPLICATIONS AND AWARDS THE GRANTS BASED ON VARIOUS CRITERIA. FUNDS ARE APPLIED TO NEEDED OUTSTANDING TUITION BILLS, THEREFORE, NO ADDITIONAL MONITORING IS REQUIRED. | 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 | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRANK KAMENAR | ||||||||||||||
| CFO | $257,302 | $0 | $0 | $0 | $1,978 | $0 | $34,256 | $0 | $9,816 | $0 | $303,352 | $0 | $0 | $0 |
| GEORGE DAVISON | ||||||||||||||
| HEAD OF SCHOOL | $462,460 | $0 | $0 | $0 | $91,188 | $0 | $55,718 | $0 | $0 | $0 | $609,366 | $0 | $0 | $0 |
| CAROL COLLET | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL | $225,871 | $0 | $0 | $0 | $0 | $0 | $28,388 | $0 | $0 | $0 | $254,259 | $0 | $0 | $0 |
| BARBARA HANEY | ||||||||||||||
| HEAD OF LOWER SCHOOL | $208,470 | $0 | $0 | $0 | $371 | $0 | $25,657 | $0 | $649 | $0 | $235,147 | $0 | $0 | $0 |
| CHERYL KELLY | ||||||||||||||
| HEAD OF EARLY CHILDHOOD | $160,881 | $0 | $0 | $0 | $16,882 | $0 | $25,575 | $0 | $23,961 | $0 | $227,299 | $0 | $0 | $0 |
| HUGO MAHABIR | ||||||||||||||
| HEAD HIGH SCHOOL DIVISION | $206,422 | $0 | $0 | $0 | $258 | $0 | $22,310 | $0 | $15,099 | $0 | $244,089 | $0 | $0 | $0 |
| JOYCE KUH | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $206,985 | $0 | $0 | $0 | $0 | $0 | $26,137 | $0 | $0 | $0 | $233,122 | $0 | $0 | $0 |
| MELANIE WHITE | ||||||||||||||
| DIRECTOR OF COLLEGE COUNSE | $207,652 | $0 | $0 | $0 | $90 | $0 | $13,448 | $0 | $0 | $0 | $221,190 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | GEORGE DAVISON RECEIVES A FIXED HOUSING ALLOWANCE UNDER HIS EMPLOYMENT CONTRACT AND IS INCLUDED IN PART II, (B), (I). |
| PART II, COLUMN (B) (III) | THE AMOUNT IN THIS COLUMN FOR KELLY CHERYL REPRESENTS CONTRIBUTION OF $16,120 TO 457(B) PLAN. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILD NYC RESOURCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 454040561 | BondIssuerEIN |
| Bond Issued | 2017-09-20 | BondIssuedDt |
| Issue Price | $49,778,355 | IssuePriceAmt |
| Purpose | SEE PART VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $49,778,355 | TotalProceedsAmt |
| Refunding Escrow | $38,778,355 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $421,823 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $7,541,048 | CapitalExpendituresAmt |
| Other Spent Proceeds | $40,000 | OtherSpentProceedsAmt |
| Unspent | $2,997,129 | UnspentAmt |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00600 | PrivateBusUseByOthersPct |
| Total Private Business Use | 0.00600 | TotalPrivateBusinessUsePct |
| 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 | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I(F) | FormAndLineReferenceDesc |
| Explanation | THE BONDS WERE ISSUED TO MAKE A LOAN TO THE BORROWER TO FINANCE THE CAPITAL PROJECTS AND FOR THE REISSUANCE OF THE SERIES 2013 BONDS (DATED 7/1/13). PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, LINE 2(B): THE CURRENT REFUNDING PORTION OF THE BOND ISSUE HAS MET THE 6-MONTH EXCEPTION TO REBATE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 18 | ContributionCnt |
| Noncash Contributions Rpt F990 | $305,828 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THEN IS DISTRIBUTED TO THE AUDIT COMMITTEE AND MADE AVAILABLE TO THE FULL BOARD FOR REVIEW AT THE FOLLOWING FULL BOARD MEETING PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD SECRETARY AT THE BOARD'S ANNUAL MEETING REQUESTS TRUSTEES TO SIGN THE CONFLICT OF INTEREST FORM AND RETURN IT FOR HIS REVIEW AND FILING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HEAD OF SCHOOL'S CONTRACT IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD AND COMPARED TO A BENCHMARK OF COMPARABLE SCHOOLS. ALL OTHER TOP MANAGEMENT IS REVIEWED WITH THE BOARD CHAIR AND COMPARED TO COMPARABLE SCHOOLS. |
| FORM 990, PART VI, SECTION C, LINE 19 | A PRINTED COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | OCCUPANCY EXPENSES IN EXCESS OF LEASE PAYMENTS -1,739,713. NON DEDUCTIBLE TRANSPORTATION BENEFITS -152,001. |
| PART XII, LINE 2C: | PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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