GARRISON FOREST SCHOOL INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- GARRISON FOREST SCHOOL INC (EIN 52-0591516)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-07
- IRS object ID
- 201841279349301374
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-07T12:12:32-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | rsm us llp | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 International Drive Suite 1400 | AddressLine1Txt |
| City | Baltimore | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | 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 | 520591516 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARRISON FOREST SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GARR | BusinessNameControlTxt |
| Phone | 4103631500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 GARRISON FOREST SCHOOL | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | stacy mohn | PersonNm |
| Person Title | director of finance and operations | PersonTitleTxt |
| Phone | 4103631500 | PhoneNum |
| Signature | 2018-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Julia Flannery CPA | PreparerPersonNm |
| PTIN | P00928918 | PTIN |
| Phone | 4102469300 | PhoneNum |
| 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 | stacy mohn | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 GARRISON FOREST SCHOOL | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $27,246,370 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.gfs.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | At Garrison Forest School, we prepare our students in and out of the classroom to thrive in a complex and changing world. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 306 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $209,196 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$115,977 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,235,597 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,564,141 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,033,907 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,909,861 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,156,899 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,342,035 | CYInvestmentIncomeAmt |
| PY Other Revenue | $173,304 | PYOtherRevenueAmt |
| CY Other Revenue | $338,212 | CYOtherRevenueAmt |
| PY Total Revenue | $28,599,707 | PYTotalRevenueAmt |
| CY Total Revenue | $23,154,249 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,905,529 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,056,623 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,885,123 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,786,274 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $987,696 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,081,258 | PYOtherExpensesAmt |
| CY Other Expenses | $8,873,306 | CYOtherExpensesAmt |
| PY Total Expenses | $23,871,910 | PYTotalExpensesAmt |
| CY Total Expenses | $24,716,203 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,727,797 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,561,954 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,759,297 | TotalAssetsBOYAmt |
| Total Assets EOY | $79,918,892 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,438,207 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,971,687 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $64,321,090 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $66,947,205 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | At Garrison Forest School, we prepare our students in and out of the classroom to thrive in a complex, changing world by: challenging them to strive for academic excellence and to grow into informed, independent, and creative thinkers; cultivating an authentic and resilient sense of self, grounded in respect and integrity; creating a diverse and inclusive community built on a spirit of caring; inspiring young women to lead and to serve with passion, purpose, and joy. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,606,155 | ExpenseAmt |
| Grant | $4,056,623 | GrantAmt |
| Revenue | $16,352,880 | RevenueAmt |
| Desc | EDUCATIONAL AND GENERAL: INCLUDES INSTRUCTION, STUDENT SUPPORT SERVICES AND PLANT MAINTENANCE TO SERVE 576 STUDENTS AT THE SCHOOL. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,326,848 | ExpenseAmt |
| Revenue | $2,191,427 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES: INCLUDES STUDENT ACTIVITIES, SUMMER ACTIVITIES AND STABLES. ACTIVITIES ARE AVAILABLE TO ALL STUDENTS. SOME ACTIVITIES ARE AVAILABLE TO THE GENERAL PUBLIC. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $16,933,003 | 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 | Yes (1) | 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 | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | 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 | 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 | 97 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 306 | 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 | 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 | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | 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 | 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 | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STACY mohn director of finance and operations | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4105593142 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 GARRISON FOREST ROAD | AddressLine1Txt |
| City | owings mills | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| catherine Y Jackson | |||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Carroll Dawbarn | |||||||
| Vice President | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| helen zinreich shafer | |||||||
| vice President | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| amabel Boyce James | |||||||
| treasurer | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| roberT S BRENNEN | |||||||
| secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| emily GARDNER BARATTA | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| cassandra naylor brooks | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| kimberly hubbard cashman | |||||||
| boARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| august j chiasera | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| diana Warfield Daly | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| david m dipietro | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| kimberly w gordon | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| molly Mundy Hathaway | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| timothy w hathaway | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| elisabeth owen hayes | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| sara Lebrun Ingram | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| lila boyce lohr | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER D MALLER | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| robyne o mccullough | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| jeffrey f musgrove | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| c ashton newhall | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM PARRISH MD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Karan powell PH d | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| frances russell rockwell | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth B Searle | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| willam b spire | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| william l Yerman | |||||||
| boARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| jianguang zhao | |||||||
| bOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| kimberley roberts | |||||||
| head of sCHOOL | 50.00 | Yes (X) | $285,529 | $0 | $82,383 | ||
| WILLIAM HODGETTS | |||||||
| ASST. HEAD OF SCHOOL for F | 50.00 | Yes (X) | $208,043 | $0 | $44,175 | ||
| DEANNA gamber | |||||||
| Director of Development | 40.00 | $144,412 | $0 | $23,108 | Yes (X) | ||
| elizabeth andrews | |||||||
| head of preschool | 40.00 | $113,337 | $0 | $12,970 | Yes (X) | ||
| traci davis | |||||||
| director of athletics | 40.00 | $108,037 | $0 | $9,847 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $859,358 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $172,483 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAGE DINING SERVICES | |||||
| 1402 york road suite 100 | lutherville | MD | 21093 | dining services | $814,092 |
| hunt valley contractors | |||||
| 3705 crondall lane | owings mills | MD | 21117 | construction | $325,239 |
| flo-tron | |||||
| 10604 Beaver Dam Road | Hunt Valley | MD | 21030 | construction | $126,246 |
| ron ruff roofing | |||||
| 5520 southwestern boulevard | arbutus | MD | 21227 | construction | $106,478 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,564,141 | AllOtherContributionsAmt |
| Noncash Contributions | $283,995 | NoncashContributionsAmt |
| Total Contributions | $2,564,141 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| STUDENT TUITION FEES | 900099 | $17,135,223 | $17,135,223 | ||
| HORSE & STABLE INCOME | 713990 | $768,215 | $559,149 | $209,066 | |
| CAFETERIA and snack ba | 722210 | $156,488 | $156,488 | ||
| SCHOLARSHIPS | 900099 | $135,039 | $135,039 | ||
| eXT. & DAY CARE PROG. | 900099 | $117,070 | $117,070 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $597,826 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $597,826 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,909,861 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $843,542 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $130 | UnrelatedBusinessRevenueAmt |
| Exclusion | $843,412 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $317,877 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,810 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $310,067 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $310,067 | TotalRevenueColumnAmt |
| Exclusion | $310,067 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,375,238 | SecuritiesAmt |
| Other | $1,760 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,878,505 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $496,733 | SecuritiesAmt |
| Other | $1,760 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $498,493 | TotalRevenueColumnAmt |
| Exclusion | $498,493 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $233,951 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $205,806 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,145 | TotalRevenueColumnAmt |
| Exclusion | $28,145 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,154,249 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,544,307 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $209,196 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,836,605 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,000,983 | TotalAmt |
| Program Services | $4,000,983 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,640 | TotalAmt |
| Program Services | $55,640 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $736,530 | TotalAmt |
| Program Services | $441,746 | ProgramServicesAmt |
| Management And General | $250,035 | ManagementAndGeneralAmt |
| Fundraising | $44,749 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,846,068 | TotalAmt |
| Program Services | $5,305,464 | ProgramServicesAmt |
| Management And General | $2,993,389 | ManagementAndGeneralAmt |
| Fundraising | $547,215 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,515 | TotalAmt |
| Program Services | $281,116 | ProgramServicesAmt |
| Management And General | $158,399 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,030,727 | TotalAmt |
| Program Services | $555,306 | ProgramServicesAmt |
| Management And General | $360,615 | ManagementAndGeneralAmt |
| Fundraising | $114,806 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,434 | TotalAmt |
| Program Services | $491,796 | ProgramServicesAmt |
| Management And General | $241,638 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,400 | TotalAmt |
| Management And General | $36,400 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,635 | TotalAmt |
| Management And General | $52,635 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,007 | TotalAmt |
| Management And General | $12,007 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,382,000 | TotalAmt |
| Program Services | $1,322,140 | ProgramServicesAmt |
| Management And General | $59,860 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,284,724 | TotalAmt |
| Program Services | $1,045,033 | ProgramServicesAmt |
| Management And General | $173,091 | ManagementAndGeneralAmt |
| Fundraising | $66,600 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,194 | TotalAmt |
| Program Services | $80,443 | ProgramServicesAmt |
| Management And General | $385,751 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $822,113 | TotalAmt |
| Program Services | $822,113 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,466 | TotalAmt |
| Program Services | $25,846 | ProgramServicesAmt |
| Fundraising | $3,620 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,398 | TotalAmt |
| Program Services | $18,398 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,349 | TotalAmt |
| Management And General | $176,349 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,363,984 | TotalAmt |
| Program Services | $818,390 | ProgramServicesAmt |
| Management And General | $545,594 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,782 | TotalAmt |
| Management And General | $262,782 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| other expenses | $1,329,192 | $351,199 | $767,287 | $210,706 |
| STABLE | $851,825 | $851,825 | ||
| SECURITY | $243,744 | $243,744 | ||
| ATHLETICS | $197,804 | $197,804 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,689 | TotalAmt |
| Program Services | $267,761 | ProgramServicesAmt |
| Management And General | $75,928 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,716,203 | TotalAmt |
| Program Services | $16,933,003 | ProgramServicesAmt |
| Management And General | $6,795,504 | ManagementAndGeneralAmt |
| Fundraising | $987,696 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500 | BOYAmt |
| EOY | $2,500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,463,159 | BOYAmt |
| EOY | $4,841,225 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,399,322 | BOYAmt |
| EOY | $472,483 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $648,927 | BOYAmt |
| EOY | $718,777 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $47,370,159 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,197,835 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,722,545 | BOYAmt |
| EOY | $25,172,324 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,734,474 | BOYAmt |
| EOY | $21,979,485 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,743,688 | BOYAmt |
| EOY | $21,319,569 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,044,682 | BOYAmt |
| EOY | $5,412,529 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,759,297 | BOYAmt |
| EOY | $79,918,892 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $981,979 | BOYAmt |
| EOY | $1,170,012 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,941,618 | BOYAmt |
| EOY | $4,815,851 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,105,417 | BOYAmt |
| EOY | $6,514,955 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $61,676 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409,193 | BOYAmt |
| EOY | $409,193 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,438,207 | BOYAmt |
| EOY | $12,971,687 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,956,573 | BOYAmt |
| EOY | $19,340,062 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,699,444 | BOYAmt |
| EOY | $17,016,064 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,665,073 | BOYAmt |
| EOY | $30,591,079 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,321,090 | BOYAmt |
| EOY | $66,947,205 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,759,297 | BOYAmt |
| EOY | $79,918,892 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,561,954 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,188,069 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,364,434 | BeginningYearBalanceAmt |
| Contributions | -$73,994 | ContributionsAmt |
| Investment Earnings Or Losses | $5,014,520 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,960,480 | OtherExpendituresAmt |
| End Year Balance | $38,344,480 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $37,378,741 | BeginningYearBalanceAmt |
| Contributions | $1,156,208 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,327,102 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,843,413 | OtherExpendituresAmt |
| End Year Balance | $35,364,434 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,002,678 | BeginningYearBalanceAmt |
| Contributions | $325,474 | ContributionsAmt |
| Investment Earnings Or Losses | -$225,686 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,723,725 | OtherExpendituresAmt |
| End Year Balance | $37,378,741 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,985,816 | BeginningYearBalanceAmt |
| Contributions | $795,643 | ContributionsAmt |
| Investment Earnings Or Losses | $5,817,655 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,596,436 | OtherExpendituresAmt |
| End Year Balance | $39,002,678 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,314,609 | BeginningYearBalanceAmt |
| Contributions | $693,608 | ContributionsAmt |
| Investment Earnings Or Losses | $3,394,574 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,416,975 | OtherExpendituresAmt |
| End Year Balance | $33,985,816 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.79780 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20220 | 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 | $614,655 | OtherCostOrOtherBasisAmt |
| Book Value | $614,655 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,462,198 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,583,820 | DepreciationAmt |
| Book Value | $23,878,378 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,293,306 | OtherCostOrOtherBasisAmt |
| Depreciation | $614,015 | DepreciationAmt |
| Book Value | $679,291 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,172,324 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HC Capital Trust institional International Equity Portfolio (HCINX) | $9,434,257 | F |
| hc capital trust instl grwth equity portfolio (hcigx) | $4,617,892 | F |
| HEDGE FUNDS | $6,587,887 | F |
| LIMITED PARTNERSHIPS | $679,533 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $21,319,569 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER ASSETS | $576,479 |
| CONSTRUCTION IN PROGRESS | $207,285 |
| BOND CLOSING COSTS | $102,431 |
| REMAINDER TRUST | $4,526,334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,412,529 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT | Desc |
| Amt | $409,193 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $409,193 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,485,544 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,188,069 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $205,806 | OtherRevenueAmt |
| Revenue Not Reported | $4,393,875 | RevenueNotReportedAmt |
| Revenue Subtotal | $19,091,669 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $12,007 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $4,050,573 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,062,580 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,154,249 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,859,429 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $211,856 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $211,856 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,647,573 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $12,007 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $4,056,623 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,068,630 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $24,716,203 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The School's Finance Committee will establish the specific dollar amount that the fund wiLL be expected to generate to contribute to the School's operating fund for the next fiscal year. The draw from the endowment, or spending rate, is 4.0% plus an additional 1% for plant fund expenditures. |
| Part X, Line 2: | The School has adopted the accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this policy, the School may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position would be sustained on examination by taxing authorities, based on the technical merits of the position. Management has evaluated the School's tax positions and has concluded that the School has taken no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this guidance. the School is no longer subject to income tax examinations for the U.S. federal, state or local tax authorities for years before June 30, 2014. |
| Part XI, Line 2d - Other Adjustments: | COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 205,806. |
| Part XI, Line 4b - Other Adjustments: | FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 4,056,623. rental expenses netted with expenses on the financial statements -7,810. gain on sale of equipment netted with expenses on financial statements 1,760. |
| Part XII, Line 2d - Other Adjustments: | COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 205,806. gain on sale of equipment netted with expenses on financial statements -1,760. rental expenses netted with expenses on the financial statements 7,810. |
| Part XII, Line 4b - Other Adjustments: | FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 4,056,623. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule E, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | THE BALTIMORE INDEPENDENT SCHOOL CONSORTIUM PUBLISHES ANNUALLY IN THE LOCAL NEWSPAPERS AN ANNOUNCEMENT LISTING THE NAMES OF ALL MEMBER SCHOOLS, WHICH PUTS FORWARD OUR UNIFIED NON- DISCRIMINATORY POLICY. GARRISON IS LISTED IN THIS ANNOUNCEMENT. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe | 0 | 0 | grants to recipients | $55,640 |
| Central America and the Caribbean | 0 | 0 | investments | $6,526,858 |
| Europe | 0 | 0 | investments | $61,029 |
| 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 | $6,643,527 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $6,643,527 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | financial aid | TypeOfAssistanceTxt |
| Region | Europe | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $55,640 | CashGrantAmt |
| Manner Of Cash Disbursement | amount applied towards tuition | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The grant funds are financial aid that was applied directly to the students tuition account. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 241 | RecipientCnt |
| Cash Grant | $4,000,983 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | gfs has both paper and electronic files. GFS uses FACTS, a supplemental form, pay stubs, tax returns and W-2's to help evaluate the financial need of families. The previous year's tax return is used in the initial decision but the amount awarded is contingent upon receipt and review of the current year's tax return. If there is a significant discrepency between the information a family provided and the current tax return, an award would be adjusted accordingly. Families are notified in an award letter the amount that will be applied towards their tuition. A report is sent to the Business Office with these awards and are applied to the student's account. Updates / new additions are sent to the Business Office as needed. | 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 |
| 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 | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| kimberley roberts | ||||||||||||||
| head of sCHOOL | $285,284 | $0 | $0 | $0 | $245 | $0 | $22,895 | $0 | $59,488 | $0 | $367,912 | $0 | $0 | $0 |
| WILLIAM HODGETTS | ||||||||||||||
| ASST. HEAD OF SCHOOL for F | $207,053 | $0 | $0 | $0 | $990 | $0 | $33,206 | $0 | $10,969 | $0 | $252,218 | $0 | $0 | $0 |
| DEANNA gamber | ||||||||||||||
| Director of Development | $144,187 | $0 | $0 | $0 | $225 | $0 | $18,968 | $0 | $4,140 | $0 | $167,520 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | The head of school recieves A HOUSING ALLOWANCE. the amount is not included in her taxable compensation. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baltimore County MD Economic Development Revenue Bonds GFS PROJECT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 520591516 | BondIssuerEIN |
| CUSIP | 059136AY7 | CUSIPNum |
| Bond Issued | 2006-10-01 | BondIssuedDt |
| Issue Price | $17,000,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $5,637,838 | RetiredAmt |
| Total Proceeds | $12,669,745 | TotalProceedsAmt |
| Refunding Escrow | $4,200,000 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $117,700 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $8,352,045 | CapitalExpendituresAmt |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | 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 | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | 0 | 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 | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $283,995 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | mkt price - date of tran | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Molly Hathaway and Tim Hathaway have a family relationship. |
| Form 990, Part VI, Section B, line 11b | A copy of the final draft of the 990 will be distributed and reviewed in the Finance Committee, then made available to the full board. |
| Form 990, Part VI, Section B, line 12c | Any trustee, principal officer, or member of a committee with the Board of Trustees, who has a direct or indirect Financial Interest, is an Interested Person. An Interested Person must disclose the existence of any Financial Interest and be given the opportunity to disclose all material facts to the members of the Board Committee considering the proposed transaction or arrangement. After disclosure of the Financial Interest and all material facts, and after any discussion with the Interested Person, he or she shall leave the committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining committee members shall decide if a conflict of interest exists. If a Board Committee has reasonable cause to believe a member has failed to disclose a Financial Interest or an actual or possible conflicts of interest, the Board Committee shall inform the member of the basis to such belief and afford the member an opportunity to explain the alleged failure to disclose. If after hearing the member's response and after making further investigation as warranted by the circumstances, the Board Committee determines the member has failed to disclose a Financial Interest or an actual or possible conflict of interest, it shall report the matter to the Executive Committee of the Board of Trustees for appropriate disciplinary and corrective action. the proceedings are documented in the minutes of board committees. |
| Form 990, Part VI, Section B, line 15 | IN DETERMINING THE COMPENSATION LEVEL FOR AN INCOMING HEAD OF SCHOOL OR A NEW MULTI-YEAR CONTRACT, LOCAL AND NATIONAL COMPARABLE STATISTICS ARE GATHERED, REVIEWED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE OF THE BOARD. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and financial statements are available to the public upon request for the same period of disclosure as set forth in section 6104(d). |
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