TAFT SCHOOL CORPORATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- TAFT SCHOOL CORPORATION (EIN 06-0646921)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-11
- IRS object ID
- 201821319349304992
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-11T20:19:14-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 CHURCH STREET 12TH FLOOR | AddressLine1Txt |
| City | HARTFORD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060646921 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Taft School Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TAFT | BusinessNameControlTxt |
| Phone | 8609457777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Woodbury Rd | AddressLine1Txt |
| City | Watertown | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06795 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gilbert t thornfeldt | PersonNm |
| Person Title | assistant treasurer | PersonTitleTxt |
| Phone | 8609457777 | PhoneNum |
| Signature | 2018-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN TOSCANO | PreparerPersonNm |
| PTIN | P00358542 | PTIN |
| Phone | 9592007000 | PhoneNum |
| Preparation | 2018-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | gilbert t thornfeldt | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 Woodbury Rd | AddressLine1Txt |
| City | Watertown | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06795 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $63,394,960 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.taftschool.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1930 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | the mission of the school is to educate the whole student. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 415 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $111,677 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$171,122 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $14,333,550 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,686,838 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,858,899 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $33,866,871 | CYProgramServiceRevenueAmt |
| PY Investment Income | $25,125,339 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,043,864 | CYInvestmentIncomeAmt |
| PY Other Revenue | $620,023 | PYOtherRevenueAmt |
| CY Other Revenue | $626,453 | CYOtherRevenueAmt |
| PY Total Revenue | $72,937,811 | PYTotalRevenueAmt |
| CY Total Revenue | $52,224,026 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,864,454 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,261,187 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,121,749 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,193,946 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $99,807 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $76,074 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,432,544 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,220,602 | PYOtherExpensesAmt |
| CY Other Expenses | $18,546,924 | CYOtherExpensesAmt |
| PY Total Expenses | $48,306,612 | PYTotalExpensesAmt |
| CY Total Expenses | $49,078,131 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $24,631,199 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,145,895 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $389,358,568 | TotalAssetsBOYAmt |
| Total Assets EOY | $410,488,502 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $66,177,537 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64,454,182 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $323,181,031 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $346,034,320 | NetAssetsOrFundBalancesEOYAmt |
| Mission | the mission of the school is to educate the whole student. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $39,762,500 | ExpenseAmt |
| Grant | $8,261,187 | GrantAmt |
| Revenue | $34,174,129 | RevenueAmt |
| Desc | Provide educational services and support for approximately 592 students in grades nine through post-graduate in a boarding and day setting. | Desc |
| Total Program Service Expenses | $39,762,500 | 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 | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | 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 | Yes (1) | 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 | 188 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 415 | 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 | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | 0 | 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 | donald f barton controller | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8609457770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 WOODBURY RD | AddressLine1Txt |
| City | WATERTOWN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06795 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 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 |
|---|---|---|---|---|---|---|---|---|
| JONATHAN D ALBERT | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| J HORD ARMSTRONG III | ||||||||
| OUTGOING TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DRUMMOND C BELL III | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| HENRY G BRAUER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| IRENE CHU | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DONNA HENRY CRYER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOHN W DAYTON | ||||||||
| OUTGOING TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ICY H FRANTZ | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| J DAVID GILLIKIN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| J KINGMAN GORDON | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| holcombe t green III | ||||||||
| Vice Chairman | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL M HUMPHREYS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| SARKIS D IZMIRLIAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES A JACOBSON | ||||||||
| treasurer | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JEFFREY KEELER | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JAY F KREHBIEL | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ERNEST O KWARTENG | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LESLIE H LANAHAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| MARIETTA LEE | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PAUL T MCGOWAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| AMISH H MEHTA | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| RODMAN W MOORHEAD III | ||||||||
| OUTGOING TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY W PASQUARIELLO | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| E MARC PINTO | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| GRANT A PORTER | ||||||||
| CHAIRMAN | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| VICTORIA POSMANTUR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| G CARTER SEDNAOUI | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DYLAN T SIMONDS | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOHN G TAFT | ||||||||
| OUTGOING TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KATE GENUNG TAYLOR | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| HANK L TORBERT | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LAURA B WHITMAN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| ABRA PRENTICE WILKIN | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| YI-MING YANG | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JOANNE K ZIESING | ||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM R MACMULLEN | ||||||||
| PRESIDENT/HEADMASTER | 40.00 | $386,234 | $0 | $112,923 | Yes (X) | |||
| GILBERT T THORNFELDT | ||||||||
| ASST TREAS/ASST SECRETARY | 40.00 | $245,914 | $0 | $60,564 | Yes (X) | |||
| CHRISTOPHER R LATHAM | ||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $233,600 | $0 | $73,039 | Yes (X) | |||
| DONALD F BARTON | ||||||||
| CONTROLLER | 40.00 | $125,854 | $0 | $45,400 | Yes (X) | |||
| DIANE FOUNTAS | ||||||||
| DIRECTOR OF HEALTH CENTER | 40.00 | $169,686 | $0 | $30,067 | Yes (X) | |||
| PETER A FREW | ||||||||
| DIRECTOR OF ADMISSIONS | 40.00 | $130,334 | $0 | $67,241 | Yes (X) | |||
| KAITLIN ORFITELLI | ||||||||
| DIRECTOR OF MKTG & COMM | 40.00 | $134,272 | $0 | $46,002 | Yes (X) | |||
| ELIZABETH WELCH | ||||||||
| ASSOC DIRECTOR OF DEVELOPMENT | 40.00 | $129,157 | $0 | $92,480 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,555,051 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $527,716 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| bushka lumber & millwork llc | |||||
| 305 fairfield avenue | waterBURY | CT | 06708 | construction services | $5,603,965 |
| aramark corporation | |||||
| po box 91337 | chicago | IL | 60693 | food SERVICE | $3,585,085 |
| new providence asset management | |||||
| 650 fifth ave 16th floor | new york | NY | 10001 | investment MANAGEMENT | $878,710 |
| Naugatuck Window & Glass Co | |||||
| 253 Prospect St | Naugatuck | CT | 06770 | CONSTRUCTION services | $317,206 |
| DAVID THOMPSON ARCHITECTS LLC | |||||
| 1211 CHAPEL ST | NEW HAVEN | CT | 06511 | ARCHITECT SERVICES | $287,524 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $7,686,838 | AllOtherContributionsAmt |
| Noncash Contributions | $668,213 | NoncashContributionsAmt |
| Total Contributions | $7,686,838 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDENT TUITION | 611110 | $31,998,055 | $31,998,055 |
| Program Fees | 611110 | $1,868,816 | $1,868,816 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $33,866,871 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,820,861 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$101,639 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,922,500 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,200 | 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 | $12,200 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,200 | TotalRevenueColumnAmt |
| Exclusion | $12,200 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,007,855 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,784,852 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,223,003 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,223,003 | TotalRevenueColumnAmt |
| Exclusion | $8,223,003 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $528,308 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $386,082 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $142,226 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $142,226 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| auxiliary income | 611110 | $264,711 | $165,032 | $6,000 | $93,679 |
| hockey rink | 532000 | $207,316 | $207,316 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $472,027 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,224,026 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,174,129 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $111,677 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,251,382 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,261,187 | TotalAmt |
| Program Services | $8,261,187 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,043,556 | TotalAmt |
| Management And General | $762,406 | ManagementAndGeneralAmt |
| Fundraising | $281,150 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,316 | TotalAmt |
| Program Services | $123,625 | ProgramServicesAmt |
| Management And General | $8,691 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,509,916 | TotalAmt |
| Program Services | $13,423,442 | ProgramServicesAmt |
| Management And General | $853,176 | ManagementAndGeneralAmt |
| Fundraising | $1,233,298 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,284,639 | TotalAmt |
| Program Services | $1,093,574 | ProgramServicesAmt |
| Management And General | $62,883 | ManagementAndGeneralAmt |
| Fundraising | $128,182 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,060,435 | TotalAmt |
| Program Services | $2,394,784 | ProgramServicesAmt |
| Management And General | $389,658 | ManagementAndGeneralAmt |
| Fundraising | $275,993 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,163,084 | TotalAmt |
| Program Services | $981,470 | ProgramServicesAmt |
| Management And General | $83,365 | ManagementAndGeneralAmt |
| Fundraising | $98,249 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,154 | TotalAmt |
| Management And General | $83,154 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,150 | TotalAmt |
| Management And General | $47,150 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,074 | TotalAmt |
| Fundraising | $76,074 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,518,690 | TotalAmt |
| Management And General | $1,518,690 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,862,292 | TotalAmt |
| Program Services | $3,408,851 | ProgramServicesAmt |
| Management And General | $292,266 | ManagementAndGeneralAmt |
| Fundraising | $161,175 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,054 | TotalAmt |
| Program Services | $176,385 | ProgramServicesAmt |
| Management And General | $4,270 | ManagementAndGeneralAmt |
| Fundraising | $1,399 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,061,899 | TotalAmt |
| Program Services | $472,355 | ProgramServicesAmt |
| Management And General | $279,786 | ManagementAndGeneralAmt |
| Fundraising | $309,758 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $474,624 | TotalAmt |
| Program Services | $417,132 | ProgramServicesAmt |
| Management And General | $4,368 | ManagementAndGeneralAmt |
| Fundraising | $53,124 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,955 | TotalAmt |
| Program Services | $2,610 | ProgramServicesAmt |
| Fundraising | $345 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,088,759 | TotalAmt |
| Program Services | $2,022,151 | ProgramServicesAmt |
| Management And General | $39,422 | ManagementAndGeneralAmt |
| Fundraising | $27,186 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,230 | TotalAmt |
| Program Services | $317,943 | ProgramServicesAmt |
| Management And General | $99,635 | ManagementAndGeneralAmt |
| Fundraising | $70,652 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,042 | TotalAmt |
| Program Services | $55,851 | ProgramServicesAmt |
| Management And General | $9,175 | ManagementAndGeneralAmt |
| Fundraising | $7,016 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $767,414 | TotalAmt |
| Program Services | $742,942 | ProgramServicesAmt |
| Management And General | $14,484 | ManagementAndGeneralAmt |
| Fundraising | $9,988 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,394,573 | TotalAmt |
| Program Services | $4,254,434 | ProgramServicesAmt |
| Management And General | $82,941 | ManagementAndGeneralAmt |
| Fundraising | $57,198 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $467,092 | TotalAmt |
| Program Services | $452,197 | ProgramServicesAmt |
| Management And General | $8,816 | ManagementAndGeneralAmt |
| Fundraising | $6,079 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| general and institution | $1,238,751 | $1,238,751 | ||
| instruction | $957,883 | $957,883 | ||
| DEVELOPMENT | $635,678 | $635,678 | ||
| student services | $170,617 | $170,617 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,067 | TotalAmt |
| Program Services | $33,067 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,078,131 | TotalAmt |
| Program Services | $39,762,500 | ProgramServicesAmt |
| Management And General | $5,883,087 | ManagementAndGeneralAmt |
| Fundraising | $3,432,544 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,540,971 | BOYAmt |
| EOY | $12,164,915 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,161,906 | BOYAmt |
| EOY | $29,498,726 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,287,994 | BOYAmt |
| EOY | $10,185,332 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,347 | BOYAmt |
| EOY | $291,974 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $718,387 | BOYAmt |
| EOY | $787,266 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $189,547,925 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,744,077 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,024,602 | BOYAmt |
| EOY | $113,803,848 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,721,544 | BOYAmt |
| EOY | $87,221,589 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,573,524 | BOYAmt |
| EOY | $156,432,490 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,293 | BOYAmt |
| EOY | $102,362 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,358,568 | BOYAmt |
| EOY | $410,488,502 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,147,797 | BOYAmt |
| EOY | $1,195,205 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,573,277 | BOYAmt |
| EOY | $16,669,924 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,872,499 | BOYAmt |
| EOY | $39,962,052 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,337,297 | BOYAmt |
| EOY | $1,021,340 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,246,667 | BOYAmt |
| EOY | $5,605,661 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,177,537 | BOYAmt |
| EOY | $64,454,182 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,856,583 | BOYAmt |
| EOY | $160,570,891 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,712,129 | BOYAmt |
| EOY | $24,907,378 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,612,319 | BOYAmt |
| EOY | $160,556,051 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $323,181,031 | BOYAmt |
| EOY | $346,034,320 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,358,568 | BOYAmt |
| EOY | $410,488,502 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,145,895 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $20,781,522 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,074,128 | 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,027,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,768,395 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,910,548 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,333,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,686,838 | CurrentTaxYearAmt |
| Total | $61,726,425 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,027,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,768,395 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,910,548 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,333,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,686,838 | CurrentTaxYearAmt |
| Total | $61,726,425 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,644,962 | SubstantialContributorsTotAmt |
| Public Support Total170 | $55,081,463 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $937,173 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,120,308 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,875,266 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,442,753 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,833,061 | CurrentTaxYearAmt |
| Total | $7,208,561 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $300,215 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $243,463 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $180,999 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $211,181 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $213,316 | CurrentTaxYearAmt |
| Total | $1,149,174 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $49,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $74,335 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $93,679 | CurrentTaxYearAmt |
| Total | $217,014 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $70,301,174 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $161,641,910 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78350 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80190 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Auxiliary income - 2014 Amount: $ 49,000. 2015 Amount: $ 74,335. 2016 Amount: $ 93,679. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $223,883,573 | BeginningYearBalanceAmt |
| Contributions | $2,899,516 | ContributionsAmt |
| Investment Earnings Or Losses | $28,457,200 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,777,533 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,522,467 | OtherExpendituresAmt |
| End Year Balance | $244,940,289 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $239,887,766 | BeginningYearBalanceAmt |
| Contributions | $9,353,651 | ContributionsAmt |
| Investment Earnings Or Losses | -$15,057,844 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,688,369 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,611,631 | OtherExpendituresAmt |
| End Year Balance | $223,883,573 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $238,593,064 | BeginningYearBalanceAmt |
| Contributions | $9,635,506 | ContributionsAmt |
| Investment Earnings Or Losses | $1,659,196 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,615,362 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,384,638 | OtherExpendituresAmt |
| End Year Balance | $239,887,766 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $212,710,977 | BeginningYearBalanceAmt |
| Contributions | $5,855,330 | ContributionsAmt |
| Investment Earnings Or Losses | $30,976,757 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,820,818 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,129,182 | OtherExpendituresAmt |
| End Year Balance | $238,593,064 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $195,460,456 | BeginningYearBalanceAmt |
| Contributions | $4,061,226 | ContributionsAmt |
| Investment Earnings Or Losses | $23,789,295 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,507,484 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,092,516 | OtherExpendituresAmt |
| End Year Balance | $212,710,977 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.35300 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.64500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00200 | 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 | $10,098,480 | OtherCostOrOtherBasisAmt |
| Book Value | $10,098,480 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $165,790,649 | OtherCostOrOtherBasisAmt |
| Depreciation | $65,658,706 | DepreciationAmt |
| Book Value | $100,131,943 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,341,559 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,085,371 | DepreciationAmt |
| Book Value | $1,256,188 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,317,237 | OtherCostOrOtherBasisAmt |
| Book Value | $2,317,237 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $113,803,848 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | private equities and alternative investments | Desc |
| Book Value | $156,432,490 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $156,432,490 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | liabilities under split-interest agreements | Desc |
| Amt | $5,605,661 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,605,661 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $62,626,554 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $20,781,522 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $88,927 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$9,335,315 | OtherRevenueAmt |
| Revenue Not Reported | $11,535,134 | RevenueNotReportedAmt |
| Revenue Subtotal | $51,091,420 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,518,688 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$386,082 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,132,606 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $52,224,026 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,773,265 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $88,927 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $386,082 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $475,009 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,298,256 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,518,688 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $8,261,187 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $9,779,875 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $49,078,131 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | THE SCHOOL HAS A COLLECTION OF ARTWORK WHICH IS ON PUBLIC DISPLAY THROUGHOUT ITS CAMPUS BUILDINGS. THE SCHOOL FOLLOWS A POLICY OF NOT CAPITALIZING THE COLLECTION OF ARTWORK IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION ITEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A CONTRIBUTION. PURCHASES OF COLLECTION ITEMS REDUCE NET ASSETS IN THE PERIOD OF PURCHASE. PROCEEDS FROM SALES OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED. NO ITEMS WERE PURCHASED FOR OR REMOVED FROM THE COLLECTION IN 2015 OR 2016. |
| Part III, Line 4: | COLLECTIONS ARE COMPRISED OF VARIOUS PAINTINGS AND SCULPTURES THAT ARE ON DISPLAY THROUGHTOUT THE SCHOOL FOR THE CULTURAL ENRICHMENT OF ITS STUDENT BODY. |
| Part V, Line 4: | REStricted Endowment funds are used in accordance with donor-imposed stipulations. Unrestricted endowment funds, including board designated funds, are used in accordance with the spending policy approved by the board of trustees. |
| Part X, Line 2: | THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2017 AND 2016. THE SCHOOL'S U.S. FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2014 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. |
| Part XI, Line 2d - Other Adjustments: | change in value of split-interest agreements -1,074,128. financial aid -8,261,187. |
| Part XI, Line 4b - Other Adjustments: | cost of goods sold -386,082. |
| Part XII, Line 2d - Other Adjustments: | cost of goods sold 386,082. |
| Part XII, Line 4b - Other Adjustments: | FINANCIAL AID 8,261,187. |
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 | Newspaper media | ExplanationTxt |
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 | $89,677,315 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $89,677,315 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $89,677,315 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | part 1, line 3(d) | FormAndLineReferenceDesc |
| Explanation | the listed investments relate to holdings in the school's endowment fund. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| marts & lundy | ||||||||
| 1200 wall st west | lyndhurst | NJ | 07071 | consulting | 0 | $0 | $18,425 | $0 |
| spencer group inc | ||||||||
| 130 s willard street | burlington | VT | 05401 | consulting | 0 | $0 | $57,649 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $76,074 | TotalRetainedByContractorsAmt |
| Licensed States | CT | LicensedStatesCd |
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 | 201 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $8,261,187 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION AND FEES ASSISTANCE | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | All Financial aid recipients are required to complete a financial aid statement and provide the necessary supporting documentation. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM R MACMULLEN | ||||||||||||||
| PRESIDENT/HEADMASTER | $383,534 | $0 | $0 | $0 | $2,700 | $0 | $56,800 | $0 | $56,123 | $0 | $499,157 | $0 | $0 | $0 |
| GILBERT T THORNFELDT | ||||||||||||||
| ASST TREAS/ASST SECRETARY | $245,914 | $0 | $0 | $0 | $0 | $0 | $30,434 | $0 | $30,130 | $0 | $306,478 | $0 | $0 | $0 |
| CHRISTOPHER R LATHAM | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $233,254 | $0 | $0 | $0 | $346 | $0 | $28,915 | $0 | $44,124 | $0 | $306,639 | $0 | $0 | $0 |
| DONALD F BARTON | ||||||||||||||
| CONTROLLER | $125,854 | $0 | $0 | $0 | $0 | $0 | $10,932 | $0 | $34,468 | $0 | $171,254 | $0 | $0 | $0 |
| DIANE FOUNTAS | ||||||||||||||
| DIRECTOR OF HEALTH CENTER | $169,686 | $0 | $0 | $0 | $0 | $0 | $13,859 | $0 | $16,208 | $0 | $199,753 | $0 | $0 | $0 |
| PETER A FREW | ||||||||||||||
| DIRECTOR OF ADMISSIONS | $130,334 | $0 | $0 | $0 | $0 | $0 | $16,680 | $0 | $50,561 | $0 | $197,575 | $0 | $0 | $0 |
| KAITLIN ORFITELLI | ||||||||||||||
| DIRECTOR OF MKTG & COMM | $134,272 | $0 | $0 | $0 | $0 | $0 | $11,525 | $0 | $34,477 | $0 | $180,274 | $0 | $0 | $0 |
| ELIZABETH WELCH | ||||||||||||||
| ASSOC DIRECTOR OF DEVELOPMENT | $129,157 | $0 | $0 | $0 | $0 | $0 | $16,383 | $0 | $76,097 | $0 | $221,637 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | AS THE SCHOOL OPERATES AS A BOARDING SCHOOL WITH APPROXIMATELY 480 STUDENTS RESIDING ON CAMPUS, CERTAIN INDIVIDUALS ARE REQUIRED TO RESIDE ON CAMPUS. THE VALUE OF SCHOOL HOUSING PROVIDED FOR THIS PURPOSE MEETS THE REQUIREMENT FOR TAX EXEMPTION UNDER IRC SECTION 119, AND ACCORDINGLY, IS INCLUDED IN NON-TAXABLE BENEFITS. |
| Part I, Line 4b | the headmaster participates in a 457(f) plan. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Connecticut Health and Educational Facilities Authority series g | ||||||||
| A | 060806186 | 20774ug74 | 2008-08-13 | $17,738,135 | Defease SERIES F AND SERIES D | 0 | 0 | 0 |
| CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY series i | ||||||||
| B | 060806186 | 20774YLP0 | 2012-11-07 | $18,461,710 | defease series h and construction | 0 | 0 | 0 |
| connecticut Health and Educational Facilities Authority series j | ||||||||
| C | 060806186 | 20774ywf0 | 2015-08-28 | $10,300,000 | construction | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt | UnspentUnspentAmt | Capitalized InterestCapitalizedInterestAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $16,905,000 | $1,649,647 | $330,205 | $15,758,283 | 2008 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| B | $18,060,000 | $1,504,282 | $361,255 | $8,594,444 | Yes (1) | 0 | 0 | Yes (1) | $3,695,345 | $4,306,384 | ||
| C | $10,300,000 | $205,989 | 2016 | 0 | 0 | 0 | Yes (1) | $4,116,600 | $5,889,289 | $88,122 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Schedule K Part I, Line A (e) and Part II, Column A, Line 3 | The issue price and the total proceeds of issue do not agree due to the premium paid by the School at issuance, which is included in the issue price. |
| Form 990, Schedule K Part I, Line B (e) and Part II, Column B, Line 3 | The issue price and the total proceeds of issue do not agree due to the premium paid by the School at issuance, which is included in the issue price. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| PAMELA MACMULLEN | |||
| spouse of officer | $123,625 | employee compensation as english teacher and aerobics instructor | 0 |
| MEREDITH THORNFELDT | |||
| spouse of officer | $8,691 | employee compensation AS OFFICE ASSISTANT | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 95 | ContributionCnt |
| Noncash Contributions Rpt F990 | $668,213 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fair value | 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 | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column (b): | the amount reported in part i, (b) represents the number of gifts received. |
| Part I, Line 32b: | the school maintains an account with a financial institution which is used to accept and subsequently liquidate all donated securities. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | jeffrey keeler and marietta lee are related by marriage. |
| Form 990, Part VI, Section B, line 11b | The Assistant Treasurer and the Controller review a copy of the draft Form 990, which is first reviewed by the School's external audit firm. The draft Form 990 is provided to all Audit and financial risk Committee members several days in advance of a scheduled Audit and financial Risk Committee meeting. Highlights of the Form 990 are subsequently presented to the Board of Trustees at a regularly scheduled meeting for full Board discussion and comment. In order to protect the privacy of its donor base, the School chooses to distribute to the board a copy of form 990 which excludes schedule b. all other pages, schedules and attachments are provided in full to the board. |
| Form 990, Part VI, Section B, line 12c | The school has a written conflict of interest policy. All trustees, officers and key employees are required to sign a copy of the conflict of interest statement. Issues that present a potential conflict of interest related to any current trustee, officer or key employee are brought to the attention of the full Board of Trustees for discussion and inclusion in Board minutes. The trustee, officer or key employee that is identified as possibly having a conflict of interest is asked to recuse themselves from the meeting and discussion of the issue. |
| Form 990, Part VI, Section B, line 15 | Compensation for the Headmaster/President of the Corporation is determined by the Governance Committee, independently of that individual, based upon survey data collected related to the compensation of the heads of 39 comparable boarding schools. Compensation for key employees is determined by the President of the Corporation, independently of those individuals, based upon compensation data surveyed from those same 39 schools and reviewed by the governance committee. |
| Form 990, Part VI, Section C, line 19 | The Taft School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part XI, line 9: | change in value of split-interest agreements -1,074,128. |
| Form 990, Part XII, Line 2c: | THERE HAVE BEEN NO CHANGES THE THE SCHOOL'S OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR. |