SAINT ANDREWS SCHOOL OF BOCA RATON INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SAINT ANDREWS SCHOOL OF BOCA RATON INC (EIN 59-0942383)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-10
- IRS object ID
- 201743149349302834
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-10T14:45:25-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141918990 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEMPLETON & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 LAKEVIEW AVENUE SUITE 1200 | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | 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 | 590942383 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAINT ANDREW'S SCHOOL OF | BusinessNameLine1Txt |
| Business Name Line2 | BOCA RATON INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STAN | BusinessNameControlTxt |
| Phone | 5612102032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3900 JOG ROAD | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33434 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP CORK | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Phone | 5612102032 | PhoneNum |
| Signature | 2017-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD JUBACK | PreparerPersonNm |
| PTIN | P00630706 | PTIN |
| Phone | 5617989988 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.59.205.54 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-10 | IPDt |
| IP Tm | 15:45:11 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D5F535719D52BE720B46303C0AEDAF013437AA78 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F8C6A8352F610260FD2A5DB2BC9F6D2F194FF3F2 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PHILIP CORK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3900 JOG ROAD | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33434 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $43,833,014 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SAINTANDREWS.NET | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | SAINT ANDREW'S SCHOOL WAS CHARTERED AS A BOARDING SCHOOL BY THE EPISCOPAL SCHOOL FOUNDATION IN BOCA RATON, FLORIDA IN 1961. THE SCHOOL'S MISSION WAS TO PROVIDE A RIGOROUS ACADEMIC EDUCATION TO 122 UPPER SCHOOL BOYS. OVER THE YEARS THE SCHOOL HAS EXPANDED IN SCOPE AND MISSION TO BECOME AN INDEPENDENT, CO-EDUCATIONAL SCHOOL WITH 1300 STUDENTS FROM GRADES JK - 12. TODAY, SAINT ANDREW'S IS BOTH A DAY AND BOARDING SCHOOL, EDUCATING STUDENTS FROM ACROSS THE UNITED STATES AND THROUGHOUT THE WORLD."HONOR ABOVE ALL" IS RECOGNIZED AS THE CORE VALUE OF THE SCHOOL, EMBODIED IN AN HONOR SYSTEM THAT UPHOLDS THE MORAL AND ETHICAL FOUNDATION OF THE SCHOOL'S MISSION. ACADEMIC EXCELLENCE AND EDUCATION IN MIND, BODY, AND SPIRIT REFLECT THE SAINT ANDREW'S EXPERIENCE. THE SCHOOL HAS DEVELOPED A CHALLENGING COLLEGE PREPARATORY CURRICULUM, AN IMPRESSIVE ATHLETIC RECORD, AND A DEEP COMMITMENT TO COMMUNITY SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 503 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $52,652 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $24,572 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,292,975 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,807,784 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $39,346,454 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,576,419 | CYProgramServiceRevenueAmt |
| PY Investment Income | $287,026 | PYInvestmentIncomeAmt |
| CY Investment Income | $294,091 | CYInvestmentIncomeAmt |
| PY Other Revenue | $490,626 | PYOtherRevenueAmt |
| CY Other Revenue | $390,270 | CYOtherRevenueAmt |
| PY Total Revenue | $46,417,081 | PYTotalRevenueAmt |
| CY Total Revenue | $43,068,564 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,977,222 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,330,381 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,025,465 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,242,490 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,539,251 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,441,187 | PYOtherExpensesAmt |
| CY Other Expenses | $18,165,503 | CYOtherExpensesAmt |
| PY Total Expenses | $44,443,874 | PYTotalExpensesAmt |
| CY Total Expenses | $45,738,374 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,973,207 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,669,810 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,342,943 | TotalAssetsBOYAmt |
| Total Assets EOY | $80,100,854 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $54,109,155 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $53,594,068 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,233,788 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,506,786 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SAINT ANDREW'S SCHOOL WAS CHARTERED AS A BOARDING SCHOOL BY THE EPISCOPAL SCHOOL FOUNDATION IN BOCA RATON, FLORIDA, IN 1961. THE SCHOOL'S MISSION WAS TO PROVIDE A RIGOROUS ACADEMIC EDUCATION TO 122 UPPER SCHOOL BOYS. OVER THE YEARS THE SCHOOL HAS EXPANDED IN SCOPE AND MISSION TO BECOME AN INDEPENDENT, CO-EDUCATIONAL SCHOOL WITH 1,295 STUDENTS FROM GRADES JK - 12. TODAY, SAINT ANDREW'S IS BOTH A DAY AND BOARDING SCHOOL, EDUCATING STUDENTS FROM ACROSS THE UNITED STATES AND THROUGHOUT THE WORLD."HONOR ABOVE ALL" IS RECOGNIZED AS THE CORE VALUE OF THE SCHOOL, EMBODIED IN AN HONOR SYSTEM THAT UPHOLDS THE MORAL AND ETHICAL FOUNDATION OF THE SCHOOL'S MISSION. ACADEMIC EXCELLENCE AND EDUCATION IN MIND, BODY, AND SPIRIT REFLECT THE SAINT ANDREW'S EXPERIENCE. THE SCHOOL HAS DEVELOPED A CHALLENGING COLLEGE PREPARATORY CURRICULUM, AN IMPRESSIVE ATHLETIC RECORD, AND A DEEP COMMITMENT TO COMMUNITY SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $31,344,735 | ExpenseAmt |
| Grant | $5,330,381 | GrantAmt |
| Revenue | $38,523,983 | RevenueAmt |
| Desc | ACADEMIC PROGRAM:- INSTRUCTION TO APPROXIMATELY 1,295 STUDENTS FROM GRADES PK-12 - INTERNATIONAL BACCALAUREATE PYP PROGRAM FOR PRE-K THROUGH 5TH GRADES, MYP 6TH THROUGH 10TH GRADES, WITH IB DIPLOMA FOR 11TH & 12TH GRADES.- STUDENT ACTIVITIES- STUDENT FOOD SERVICES- SUMMER PROGRAMS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,628,162 | ExpenseAmt |
| Revenue | $2,401,544 | RevenueAmt |
| Desc | AUXILIARY SERVICES:- SCHOOL PUBLICATIONS, NEWSPAPER & YEARBOOK- AUXILIARY FACILITIES USAGE- INFIRMARY- SCHOOL STORE | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $34,972,897 | 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 | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 51 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 503 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | 0 | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | 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 | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILIP CORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5612102032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3900 JOG ROAD | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33434 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DR STEVEN M SHAPIRO | ||||||||
| CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL A BOBER | ||||||||
| VICE CHAIR & TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CATHERINE T COOMBS | ||||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARC SCOTT | ||||||||
| ASSISTANT SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL F ZAMMIELLO | ||||||||
| MEMBER-AT-LARGE | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KENNETH M BLATT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR ALBERT S COHEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD T ELIAS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAOLA L JAKOBSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN S KESSLER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS E LYNCH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAREN SNEAD WILLIAMS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MELISSA WIGHT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JAMES BYER | ||||||||
| EX OFFICIO/INTERIM HEADMASTER | 40.00 | Yes (X) | Yes (X) | $157,568 | $0 | $0 | ||
| THE RIGHT REVEREND PETER EATON | ||||||||
| EX OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JASON E JENNINGS | ||||||||
| EX OFFICIA/ALUMNI BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN A ASSAF | ||||||||
| TRUSTEE EMERITI | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER BENEDICT | ||||||||
| EX OFFICIO/HEADMASTER (UNTIL APRIL 2016) | 40.00 | $430,209 | $0 | $12,881 | Yes (X) | |||
| PHILIP CORK | ||||||||
| ASSOC HEADMAST OF FINANCE | 40.00 | Yes (X) | $241,559 | $0 | $19,309 | |||
| PETER GALLO | ||||||||
| ASSOC HEADMAST OF DEVELOPM | 40.00 | $168,056 | $0 | $16,445 | Yes (X) | |||
| SARA RUBINSTEIN | ||||||||
| ASSOC HEADMASTER FOR ACADEMICS | 40.00 | $158,472 | $0 | $14,934 | Yes (X) | |||
| ELIAS BASSIL | ||||||||
| CHIEF INFORMATION OFFICER | 40.00 | $146,313 | $0 | $16,709 | Yes (X) | |||
| KATHY VAN VALKENBURG | ||||||||
| BUSINESS MANAGER | 40.00 | $132,545 | $0 | $20,041 | Yes (X) | |||
| THOMAS FALLS | ||||||||
| DIRECTOR OF OPERATIONS | 40.00 | $143,903 | $0 | $3,531 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,578,625 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $103,850 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $183,575 | FundraisingAmt |
| All Other Contributions | $1,624,209 | AllOtherContributionsAmt |
| Noncash Contributions | $45,980 | NoncashContributionsAmt |
| Total Contributions | $1,807,784 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION BOARD & FEES | 611110 | $38,880,820 | $38,880,820 |
| SUMMER CAMPS & PROGRAMS | 611710 | $1,464,644 | $1,464,644 |
| FACILITY REVENUES | 611710 | $144,897 | $144,897 |
| STUDENT PUBLICATIONS | 611710 | $86,058 | $86,058 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,576,419 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $293,568 | TotalRevenueColumnAmt |
| Exclusion | $293,568 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $41,081 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $40,558 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $523 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $523 | TotalRevenueColumnAmt |
| Exclusion | $523 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $232,609 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $183,575 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $244,099 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$11,490 | TotalRevenueColumnAmt |
| Exclusion | -$11,490 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $601,233 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $479,793 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $121,440 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $121,440 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER MISCELLANEOUS | 611710 | $227,668 | $227,668 | |
| COLLEGE POOL RENTAL | 532000 | $52,652 | $52,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $280,320 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,068,564 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,925,527 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $52,652 | UnrelatedBusinessRevenueAmt |
| Exclusion | $282,601 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,330,381 | TotalAmt |
| Program Services | $5,330,381 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,578,624 | TotalAmt |
| Program Services | $1,058,207 | ProgramServicesAmt |
| Management And General | $520,417 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,480,771 | TotalAmt |
| Program Services | $12,176,979 | ProgramServicesAmt |
| Management And General | $3,438,005 | ManagementAndGeneralAmt |
| Fundraising | $865,787 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,837,072 | TotalAmt |
| Program Services | $2,091,735 | ProgramServicesAmt |
| Management And General | $607,795 | ManagementAndGeneralAmt |
| Fundraising | $137,542 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,346,023 | TotalAmt |
| Program Services | $992,405 | ProgramServicesAmt |
| Management And General | $288,363 | ManagementAndGeneralAmt |
| Fundraising | $65,255 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $825,799 | TotalAmt |
| Management And General | $825,799 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,683 | TotalAmt |
| Management And General | $50,683 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,267 | TotalAmt |
| Management And General | $52,267 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $387,578 | TotalAmt |
| Management And General | $273,267 | ManagementAndGeneralAmt |
| Fundraising | $114,311 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,311 | TotalAmt |
| Program Services | $6,184 | ProgramServicesAmt |
| Management And General | $171,932 | ManagementAndGeneralAmt |
| Fundraising | $132,195 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,143 | TotalAmt |
| Program Services | $15,297 | ProgramServicesAmt |
| Management And General | $83,303 | ManagementAndGeneralAmt |
| Fundraising | $6,543 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,267,572 | TotalAmt |
| Program Services | $4,961,506 | ProgramServicesAmt |
| Management And General | $266,800 | ManagementAndGeneralAmt |
| Fundraising | $39,266 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,425 | TotalAmt |
| Program Services | $33,956 | ProgramServicesAmt |
| Management And General | $82,154 | ManagementAndGeneralAmt |
| Fundraising | $95,315 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,267,624 | TotalAmt |
| Program Services | $633,812 | ProgramServicesAmt |
| Management And General | $633,812 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,473,149 | TotalAmt |
| Program Services | $3,271,346 | ProgramServicesAmt |
| Management And General | $175,913 | ManagementAndGeneralAmt |
| Fundraising | $25,890 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,756 | TotalAmt |
| Program Services | $53,756 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CONTRACTED FOOD SERVICE | $1,969,497 | $1,969,497 | |
| BAD DEBT | $886,013 | $886,013 | |
| REPAIRS AND MAINTENANCE | $690,750 | $534,588 | $156,162 |
| ACADEMIC SUPPLIES EXPEN | $475,877 | $475,877 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,138,059 | TotalAmt |
| Program Services | $1,367,371 | ProgramServicesAmt |
| Management And General | $713,541 | ManagementAndGeneralAmt |
| Fundraising | $57,147 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,738,374 | TotalAmt |
| Program Services | $34,972,897 | ProgramServicesAmt |
| Management And General | $9,226,226 | ManagementAndGeneralAmt |
| Fundraising | $1,539,251 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,777,228 | BOYAmt |
| EOY | $11,566,089 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $872,861 | BOYAmt |
| EOY | $197,996 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,364,865 | BOYAmt |
| EOY | $4,033,119 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $215,026 | BOYAmt |
| EOY | $285,033 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,257 | BOYAmt |
| EOY | $402,093 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $673,852 | BOYAmt |
| EOY | $633,233 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $96,470,118 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $52,135,814 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,785,158 | BOYAmt |
| EOY | $44,334,304 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,910,414 | BOYAmt |
| EOY | $13,370,644 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,937,645 | BOYAmt |
| EOY | $4,909,556 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,637 | BOYAmt |
| EOY | $368,787 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,342,943 | BOYAmt |
| EOY | $80,100,854 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,394,914 | BOYAmt |
| EOY | $1,107,807 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,615,767 | BOYAmt |
| EOY | $18,361,143 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,676,659 | BOYAmt |
| EOY | $29,241,590 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,421,815 | BOYAmt |
| EOY | $4,883,528 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,109,155 | BOYAmt |
| EOY | $53,594,068 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,631,047 | BOYAmt |
| EOY | $12,706,937 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,242,870 | BOYAmt |
| EOY | $2,077,417 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,359,871 | BOYAmt |
| EOY | $11,722,432 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,233,788 | BOYAmt |
| EOY | $26,506,786 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,342,943 | BOYAmt |
| EOY | $80,100,854 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,669,810 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,919,344 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,023,464 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
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 |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,987,466 | BeginningYearBalanceAmt |
| Contributions | -$3,141,073 | ContributionsAmt |
| Investment Earnings Or Losses | $1,516,711 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $17,363,104 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,655,532 | BeginningYearBalanceAmt |
| Contributions | $1,368,968 | ContributionsAmt |
| Investment Earnings Or Losses | -$37,034 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $18,987,466 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,837,558 | BeginningYearBalanceAmt |
| Contributions | $3,809,153 | ContributionsAmt |
| Investment Earnings Or Losses | $8,821 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $17,655,532 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,376,020 | BeginningYearBalanceAmt |
| Contributions | $429,955 | ContributionsAmt |
| Investment Earnings Or Losses | $31,583 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $13,837,558 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,695,019 | BeginningYearBalanceAmt |
| Contributions | -$306,924 | ContributionsAmt |
| Investment Earnings Or Losses | -$12,075 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $13,376,020 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.20500 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.67500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.12000 | 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 | $4,958,242 | OtherCostOrOtherBasisAmt |
| Book Value | $4,958,242 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $63,201,714 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,306,055 | DepreciationAmt |
| Book Value | $30,895,659 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,640,420 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,363,757 | DepreciationAmt |
| Book Value | $1,276,663 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,669,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,466,002 | DepreciationAmt |
| Book Value | $7,203,740 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,334,304 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CORPORATE DEBT SECURITIES | $3,928,146 | F |
| GOVERNMENT DEBT SECURITIES | $762,447 | F |
| PRIVATE FUNDS | $218,963 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $4,909,556 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FINANCIAL DERIVATIVE - INTEREST RATE SWAP | $4,455,345 |
| CAPITAL LEASE | $428,183 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,883,528 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,137,113 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,919,344 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $531,853 | OtherRevenueAmt |
| Revenue Not Reported | $2,451,197 | RevenueNotReportedAmt |
| Revenue Subtotal | $37,685,916 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $52,267 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $5,330,381 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,382,648 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $43,068,564 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,887,579 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $531,853 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $531,853 | ExpensesNotReportedAmt |
| Expenses Subtotal | $40,355,726 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $52,267 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $5,330,381 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,382,648 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $45,738,374 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE SCHOOL MAINTAINS MAYAN POTTERY AND PAINTINGS TO ASSIST IN THE EDUCATION OF THE TOPIC TO THE STUDENT BODY AND TO PRESERVE FOR THE USE OF FUTURE STUDENTS. |
| PART V, LINE 4: | THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO GENERATE INCOME TO SUPPORT FINANCIAL AID, TO SUPPORT FACULTY SALARIES, TO FUND PROFESSIONAL DEVELOPMENT AND TO MAINTAIN FACILITIES. |
| PART X, LINE 2: | SAINT ANDREW'S AND THE FUND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. SAINT ANDREW'S AND THE FUND ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE PROVISIONS OF THE IRC TO MAINTAIN THEIR EXEMPT STATUS. THE SCHOOL ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, THE SCHOOL DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. FOR THE YEARS ENDED JUNE 30, 2017 AND 2016, THERE WERE NO RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2014. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 479,793. RENTAL EXPENSE 52,060. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS PAID 5,330,381. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 479,793. RENTAL EXPENSES 52,060. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS PAID 5,330,381. |
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 | ADVERTISEMENTS ARE PLACED IN THREE NEWSPAPERS SERVING AREAS FROM WHICH STUDENTS ARE RECRUITED. COPIES OF ADVERTISEMENTS ARE ON FILE IN ACCORDANCE WITH REVENUE PROCEDURES 75-70, SECTION 7. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION | Event1Nm |
| Gross Receipts Event1 | $393,215 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $183,575 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $209,640 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $111,783 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $22,969 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $22,969 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $132,316 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $416,184 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $183,575 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $232,609 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $244,099 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $244,099 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$11,490 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID (161)/TUITION REMISSION (100) | GrantTypeTxt |
| Recipient | 261 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $5,330,381 | NonCashAssistanceAmt |
| Valuation Method Used | COST OF ATTENDANCE | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID IS AWARDED BASED ON FINANCIAL NEED. FINANCIAL NEED IS DETERMINED FROM A COMPLETED FINANCIAL AID APPLICATION SUBMITTED BY THE FAMILY REQUESTING AID. THE SCHOOL'S FINANCIAL AID COMMITTEE USES A THIRD-PARTY SERVICE TO HELP TO OBJECTIVELY DETERMINE A FAMILY'S ABILITY TO PAY FOR SCHOOL TUITION AND OTHER EDUCATIONAL EXPENSES, BASED ON A PARENTS' FINANCIAL STATEMENT AND ANY ADDITIONAL SUPPORTING DOCUMENTATION FROM THE FAMILY AS MAY BE 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 |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR JAMES BYER | ||||||||||||||
| EX OFFICIO/INTERIM HEADMASTER | $157,568 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $157,568 | $0 | $0 | $0 |
| PETER BENEDICT | ||||||||||||||
| EX OFFICIO/HEADMASTER (UNTIL APRIL 2 | $430,209 | $0 | $0 | $0 | $0 | $0 | $9,760 | $0 | $3,121 | $0 | $443,090 | $0 | $0 | $0 |
| PHILIP CORK | ||||||||||||||
| ASSOC HEADMAST OF FINANCE | $241,559 | $0 | $0 | $0 | $0 | $0 | $15,531 | $0 | $3,778 | $0 | $260,868 | $0 | $0 | $0 |
| PETER GALLO | ||||||||||||||
| ASSOC HEADMAST OF DEVELOPM | $168,056 | $0 | $0 | $0 | $0 | $0 | $11,234 | $0 | $5,211 | $0 | $184,501 | $0 | $0 | $0 |
| SARA RUBINSTEIN | ||||||||||||||
| ASSOC HEADMASTER FOR ACADEMICS | $158,472 | $0 | $0 | $0 | $0 | $0 | $8,692 | $0 | $6,242 | $0 | $173,406 | $0 | $0 | $0 |
| ELIAS BASSIL | ||||||||||||||
| CHIEF INFORMATION OFFICER | $146,313 | $0 | $0 | $0 | $0 | $0 | $11,498 | $0 | $5,211 | $0 | $163,022 | $0 | $0 | $0 |
| KATHY VAN VALKENBURG | ||||||||||||||
| BUSINESS MANAGER | $132,545 | $0 | $0 | $0 | $0 | $0 | $15,130 | $0 | $4,911 | $0 | $152,586 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | CERTAIN KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES RECEIVE A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE FOR THE BENEFIT OF THE SCHOOL. | 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 | PALM BEACH COUNTY FLORIDA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 596000785 | BondIssuerEIN |
| Bond Issued | 2014-09-02 | BondIssuedDt |
| Issue Price | $28,730,000 | IssuePriceAmt |
| Purpose | SEE SCHEDULE O | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | 0 | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 31.300000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 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 | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $40,558 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | FURNITURE AND EQUIPMENT | 1 | $3,199 | FMV |
| Yes (X) | ENTERTAINMENT | 1 | $2,223 | FMV |
| 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 (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART 1, LINE 1, DESCRIPTION OF ORGANIZATION MISSION (CON'T): | THE ACADEMIC PROGRAM IS DESIGNED WITH A COMMITMENT TO EDUCATING THE "WHOLE CHILD" WHILE INSTILLING A DEDICATION TO LIFE-LONG LEARNING. THE SCHOOL PRODUCES GRADUATES WHO HAVE EARNED AN OUTSTANDING RECORD OF COLLEGE PLACEMENT, AS WELL AS ACHIEVEMENT IN SCHOLARSHIP, THE ARTS, AND ATHLETICS. AS AN EPISCOPAL SCHOOL, WE WELCOME STUDENTS OF ALL FAITHS, CUSTOMS, CULTURES ADN BELIEFS. ADMISSION IS HIGHLY COMPETITIVE AND APPLICANTS ARE ACCEPTED WITHOUT REGARD TO ECONOMICS, ETHNICITY, OR DENOMINATIONAL STATUS. |
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION (CON'T): | THE ACADEMIC PROGRAM IS DESIGNED WITH A COMMITMENT TO EDUCATING THE "WHOLE CHILD" WHILE INSTILLING A DEDICATION TO LIFE-LONG LEARNING. THE SCHOOL PRODUCES GRADUATES WHO HAVE EARNED AN OUTSTANDING RECORD OF COLLEGE PLACEMENT, AS WELL AS ACHIEVEMENT IN SCHOLARSHIP, THE ARTS, AND ATHLETICS. AS AN EPISCOPAL SCHOOL, WE WELCOME STUDENTS OF ALL FAITHS, CUSTOMS, CULTURES AND BELIEFS. ADMISSION IS HIGHLY COMPETITIVE AND APPLICANTS ARE ACCEPTED WITHOUT REGARD TO ECONOMICS, ETHNICITY, OR DENOMINATIONAL STATUS. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE FOLLOWING: A. COORDINATING THE STRATEGIC PLANNING PROCESS FOR THE SCHOOL AND THE BOARD. B. EVALUATING THE HEAD OF SCHOOL ON AN ANNUAL BASIS AFTER SOLICITING INPUT FROM THE BOARD OF TRUSTEES. C. MONITOR THE IMPLEMENTATION OF THE STRATEGIC PLAN ADOPTED BY THE BOARD, AND FROM TIME TO TIME SHALL MAKE RECOMMENDATIONS TO THE BOARD CONCERNING MODIFICATION AND UPDATING OF ANY STRATEGIC PLAN PREVIOUSLY ADOPTED BY THE BOARD. D. WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE CORPORATION EXCEPT: I. AUTHORITY SPECIFICALLY RESERVED TO THE BOARD OF TRUSTEES ELSEWHERE IN THE BY-LAWS; II. THE ELECTION AND REMOVAL OF OFFICERS; III. THE FILLING OF VACANCIES IN OFFICES OR ON THE BOARD OF TRUSTEES; IV. THE AMENDMENT OF THE BY-LAWS; V. THE REVISION OF TUITION; VI. THE APPROVAL OF THE BUDGET |
| FORM 990, PART VI, SECTION A, LINE 4 | IN MAY 2016, THE BOARD OF TRUSTEES AMENDED THE SCHOOL'S BYLAWS TO BETTER DEFINE THE ROLE OF THE TREASURER. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE SCHOOL CONTEMPORANEOUSLY DOCUMENTS MEETINGS HELD, OR WRITTEN ACTIONS TAKEN, DURING THE YEAR BY EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, WITH THE EXCEPTION OF THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | ALL VOTING BOARD MEMBERS ARE PROVIDED A COPY OF FORM 990 FOR REVIEW PRIOR TO FILING. A COPY OF FORM 990 IS ALSO PROVIDED TO THE SCHOOL'S AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | SCHOOL HAS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH REQUIRES THE BOARD OF TRUSTEES, OFFICERS AND MANAGERS TO REVIEW ANNUALLY THE REQUIREMENTS FOR THIS POLICY. THE BOARD, OFFICERS AND MANAGERS ACKNOWLEDGE ANNUALLY IN WRITING THEIR COMMITMENT TO FOLLOWING THIS POLICY. DETERMINATION OF WHETHER A CONFLICT EXISTS IS MADE BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, OR IF APPEALED BY THE FULL BOARD OF TRUSTEES. TRUSTEES, OFFICERS AND MANAGERS FOUND TO HAVE A CONFLICT OF INTEREST ARE PROHIBITED FROM DELIBERATIONS OR DECISIONS ON THE TRANSACTION. DISCLOSURE OR ACKNOWLEDGEMENT OF A CONFLICT OF INTEREST IS NOTED IN THE MINUTES OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15A | HEADMASTER'S COMPENSATION APPROVED ANNUALLY BY BOARD OF TRUSTEES. CHAIR OF THE BOARD OF TRUSTEES MAKES RECOMMENDATION TO BOARD OF TRUSTEES, USING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN SIMILAR HEADMASTER POSITIONS IN SIMILARLY SITUATED INDEPENDENT SCHOOLS. THIS PROCESS WAS LAST COMPLETED IN 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN ON CASH FLOW HEDGE 2,023,464. |
| FORM 990, PART XII, LINE 2C: | THE SCHOOL'S AUDIT COMMITTEE HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS OF THE AUDIT. |
| FORM 990, SCHEDULE K, PART I, LINE (A), COLUMN (A) | DESCRIPTION OF PURPOSE OF THE BOND: THE BONDS WERE FINANCED FOR THE ACQUISITION OF LAND, CONSTRUCTION AND EQUIPPING OF AN ADDITIONAL LOWER SCHOOL BUILDING AND IMPROVEMENTS ON THE RELATED TRACT OF LAND AND TO RETIRE THE SCHOOLS OUTSTANDING VARIABLE RATE DEMAND BOND REVENUE BONDS SERIES 2007. |
Comments