ST STEPHENS SCHOOL CORPORATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ST STEPHENS SCHOOL CORPORATION (EIN 98-0013401)
Tax period
2015-09-01 to 2016-08-31
Filed
2017-07-14
IRS object ID
201741959349300349
Schema version
2015v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-07-14T12:12:20-05:00ReturnTs
Tax Period End2016-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141442607PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BST & CO CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126 COMPUTER DRIVE WESTAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN980013401EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ST STEPHEN'S SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTSTBusinessNameControlTxt
Phone2125057409PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115 GRAMERCY PARK SOAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFF SCHONPersonNm
Person TitleCHAIRMAN, BOARD OF TRUSTEESPersonTitleTxt
Phone2125057409PhoneNum
Signature2017-07-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAWN C DOHERTYPreparerPersonNm
PTINP00743270PTIN
Phone5184596700PhoneNum
Preparation2017-07-12PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFF SCHONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1326 WILTON ROADAddressLine1Txt
CityWESTPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$16,121,624GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SSSROME.ITWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1962FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionEDUCATIONAL (HIGH SCHOOL)ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$314,907PYContributionsGrantsAmt
CY Contributions Grants$373,818CYContributionsGrantsAmt
PY Program Service Revenue$7,703,139PYProgramServiceRevenueAmt
CY Program Service Revenue$9,058,802CYProgramServiceRevenueAmt
PY Investment Income$66,103PYInvestmentIncomeAmt
CY Investment Income$367,836CYInvestmentIncomeAmt
PY Other Revenue$1,041,399PYOtherRevenueAmt
CY Other Revenue$146,101CYOtherRevenueAmt
PY Total Revenue$9,125,548PYTotalRevenueAmt
CY Total Revenue$9,946,557CYTotalRevenueAmt
PY Grants And Similar Paid$664,699PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$618,047CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,517,687PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,927,961CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$209,312PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$290,107CYTotalFundraisingExpenseAmt
PY Other Expenses$3,596,364PYOtherExpensesAmt
CY Other Expenses$3,801,320CYOtherExpensesAmt
PY Total Expenses$8,988,062PYTotalExpensesAmt
CY Total Expenses$9,347,328CYTotalExpensesAmt
PY Revenues Less Expenses$137,486PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$599,229CYRevenuesLessExpensesAmt
Total Assets BOY$11,152,578TotalAssetsBOYAmt
Total Assets EOY$11,997,574TotalAssetsEOYAmt
Total Liabilities BOY$6,421,771TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,196,795TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,730,807NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,800,779NetAssetsOrFundBalancesEOYAmt
MissionREVENUES PROVIDE FOR THE PRIMARY OBJECTIVES OF THE SCHOOL: ACADEMIC EXCELLENCE, THE FOSTERING A OF SENSE OF FELLOWSHIP AMONG STUDENTS AND FACULTY, AND THE PROMOTION OF STUDENTS AS INDEPENDENT, RESPONSIBLE AND RESPONSIVE CONTRIBUTING MEMBERS OF THE LARGER WORLD COMMUNITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,316,986ExpenseAmt
Grant$618,047GrantAmt
Revenue$9,204,903RevenueAmt
DescA CO-ED HIGH SCHOOL (THE SCHOOL) THAT OPERATES IN ROME, ITALY. THE SCHOOL IS OPEN TO AMERICANS AND STUDENTS FROM OTHER COUNTRIES, AND IS COMPRISED OF A MULTI-RACIAL STUDENT BODY. CURRENTLY, THE SCHOOL HAS 294 STUDENTS ENROLLED, WITH 41 NATIONALITIES REPRESENTED.Desc
Total Program Service Expenses$6,316,986TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAZIA BORLANDELLIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125057409PhoneNum

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1VIA AVENTINA 3AddressLine1Txt
CityROMECityNm
CountryITCountryCd
Foreign Postal06901ForeignPostalCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ROHIT THOMAS AGGARWALA
SECOND VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
STEPHEN ALTSCHUL
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
CHRISTIAN BASTIAN
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
ANNE FISK BERGAN
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
CARLOTTA CALABRESI
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
CARINA COURTRIGHT
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
SANDRA CRAIG
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
ERICA M DORNBURG
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
MASSIMO ELSER
FIRST VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
FRED H GAGE
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
WILLIAM GRUY
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
HELEN HANNICK
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
DINA KAPLAN
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
SARAH ELY KELLY
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
GEORGE KLOPFER
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
SAMANTHA LOTTI
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
ERIC MAYER
HEAD OF SCHOOL60.00Yes (X)Yes (X)$149,891$0$0
AGNES MARTIN
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
HARRY CHARLES MILLS SCIO
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
ELIZABETH MORRIS
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
DEBORAH PACKER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DUNCAN POLLOCK
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
RICHARD M ROUTHIER
TREASURER1.00Yes (X)Yes (X)$0$0$0
DAVID SADOFF
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
DANIELA SALVIONI
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
JEFFREY SCHON
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
HARVEY STONE
BOARD OF TRUSTEE1.00Yes (X)$0$0$0
ROBERT HOLCOMB
DIRECTOR OF DEVELOPMENT40.00$150,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$299,891TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VIVENDA SPABusinessNameLine1Txt

Contractor Address ContractorAddress

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1VIA FRANCESCO ANTOLISEI 25AddressLine1Txt
CityROMACityNm
Province Or StateITALYProvinceOrStateNm
CountryITCountryCd
Foreign Postal00173ForeignPostalCd
FieldValueIRS element (for citing)
ServicesCATERING & FOOD SERVICEServicesDesc
Compensation$479,580CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$22,533GovernmentGrantsAmt
All Other Contributions$351,285AllOtherContributionsAmt
Total Contributions$373,818TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$8,306,478$8,306,478
ELECTIVE COURSES AND TESTING611600$467,074$467,074
EDUCATIONAL TRIPS611600$285,250$285,250
FieldValueIRS element (for citing)
Total Program Service Revenue$9,058,802TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$111,141TotalRevenueColumnAmt
Exclusion$111,141ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,431,762SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,175,067SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$256,695SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$256,695TotalRevenueColumnAmt
Exclusion$256,695ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611710BusinessCd
Total Revenue Column$146,101TotalRevenueColumnAmt
Related Or Exempt Func Income$146,101RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$146,101OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,946,557TotalRevenueColumnAmt
Related Or Exempt Func Income$9,204,903RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$367,836ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$618,047TotalAmt
Program Services$618,047ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$199,900TotalAmt
Program Services$79,960ProgramServicesAmt
Management And General$119,940ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,728,061TotalAmt
Program Services$3,164,253ProgramServicesAmt
Management And General$1,403,217ManagementAndGeneralAmt
Fundraising$160,591FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$109,790TotalAmt
Program Services$10,979ProgramServicesAmt
Management And General$98,811ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$56,618TotalAmt
Program Services$5,661ProgramServicesAmt
Management And General$45,296ManagementAndGeneralAmt
Fundraising$5,661FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$24,283TotalAmt
Management And General$24,283ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$95,473TotalAmt
Program Services$44,385ProgramServicesAmt
Management And General$45,411ManagementAndGeneralAmt
Fundraising$5,677FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$698,128TotalAmt
Program Services$453,783ProgramServicesAmt
Management And General$209,439ManagementAndGeneralAmt
Fundraising$34,906FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$305,049TotalAmt
Program Services$244,040ProgramServicesAmt
Management And General$45,757ManagementAndGeneralAmt
Fundraising$15,252FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
GENERAL ADMINISTRATION$612,726$367,636$183,818$61,272
STUDENT SERVICES$555,438$555,438
STUDENT ACTIVITIES$425,714$425,714
EXTERNAL AFFAIRS$420,996$420,996

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$497,105TotalAmt
Program Services$347,090ProgramServicesAmt
Management And General$143,267ManagementAndGeneralAmt
Fundraising$6,748FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,347,328TotalAmt
Program Services$6,316,986ProgramServicesAmt
Management And General$2,740,235ManagementAndGeneralAmt
Fundraising$290,107FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,082,147BOYAmt
EOY$5,797,618EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$180,206BOYAmt
EOY$118,725EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$512,073BOYAmt
EOY$755,240EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,151,519LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,728,724LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$587,988BOYAmt
EOY$422,795EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$6,790,164BOYAmt
EOY$4,903,196EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,152,578BOYAmt
EOY$11,997,574EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$642,873BOYAmt
EOY$542,706EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,613,264BOYAmt
EOY$4,282,507EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,165,634BOYAmt
EOY$2,371,582EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,421,771BOYAmt
EOY$7,196,795EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$4,730,807BOYAmt
EOY$4,800,779EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,730,807BOYAmt
EOY$4,800,779EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,152,578BOYAmt
EOY$11,997,574EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$599,229ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$247,892NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$7,889PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$273,476OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,612,765OtherCostOrOtherBasisAmt
Depreciation$5,390,313DepreciationAmt
Book Value$222,452BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,003,763OtherCostOrOtherBasisAmt
Depreciation$995,938DepreciationAmt
Book Value$7,825BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$534,991OtherCostOrOtherBasisAmt
Depreciation$342,473DepreciationAmt
Book Value$192,518BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$422,795TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
IRONGATE GLOBAL STRATEGY FUNDS$10,977F
OTHER INVESTMENTS$4,892,219F
FieldValueIRS element (for citing)
Total Book Value Securities$4,903,196TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OTHER LIABILITIES$859,611
LONG-TERM LIABILITY - TFR$1,511,971
FieldValueIRS element (for citing)
Total Liability$2,371,582TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,247,946TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$247,892NetUnrealizedGainsInvstAmt
Revenue Not Reported-$247,892RevenueNotReportedAmt
Revenue Subtotal$9,495,838RevenueSubtotalAmt
Other Revenues Not Included$450,719OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$450,719RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,946,557TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,067,328TotExpnsEtcAuditedFinclStmtAmt
Prior Year Adjustments$7,889PriorYearAdjustmentsAmt
Losses Reported$162,830LossesReportedAmt
Other Expenses Included$167,328OtherExpensesIncludedAmt
Expenses Not Reported$338,047ExpensesNotReportedAmt
Expenses Subtotal$8,729,281ExpensesSubtotalAmt
Other Expenses Not Included$618,047OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$618,047ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,347,328TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ST. STEPHEN'S IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE NEW YORK STATE LAW. ST. STEPHEN'S HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. ST. STEPHEN'S FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED ST. STEPHEN'S TAX POSITIONS, INCLUDING THAT ST. STEPHEN'S IS EXEMPT FROM TAXES AND NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AND CONCLUDED THAT ST. STEPHEN'S HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF AUGUST 31, 2016 AND 2015.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID AND DISCOUNTS 618,047. REALIZED CAPITAL LOSS -167,328.
PART XII, LINE 2D - OTHER ADJUSTMENTS:REALIZED CAPITAL LOSS 167,328.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID AND DISCOUNTS 618,047.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL DOES NOT USE RADIO, TELEVISION, OR NEWSPAPER ADVERTISEMENTS TO SOLICIT FOR PROSPECTIVE STUDENT APPLICANTS. THE RACIALLY NONDISCRIMINATORY POLICY IS DISPLAYED IN THE SCHOOL'S APPLICATION, APPEARS ON THE SCHOOL'S WEBSITE, AND IS PUBLISHED IN THE STUDENT HANDBOOK.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES ASSISTANCE FROM THE GOVERNMENT FOR SUPPORTING FINANCIAL AID.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionROME, ITALYRegionTxt
Offices1OfficesCnt
Employee75EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedEDUCATIONSpecificServicesProvidedTxt
Region Total Expenditures$9,490,372RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees75SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee75TotalEmployeeCnt
Subtotal Spent$9,490,372SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$9,490,372TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceFINANCIAL AID ASSISTANCETypeOfAssistanceTxt
RegionROME, ITALYRegionTxt
Recipient52RecipientCnt
Cash Grant$618,047CashGrantAmt
Manner Of Cash DisbursementREDUCTION OF EDUCATION COSTSMannerOfCashDisbursementTxt
Valuation Method UsedFMVValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE COMMITTEES WHO HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11THE 990 IS PREPARED BY THE EXTERNAL AUDITOR AND IS SUBMITTED TO THE CHAIRMAN AND CERTAIN MEMBERS OF MANAGEMENT FOR COMMENT/REVIEW AND APPROVAL. THE 990 IS THEN DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CWHEN AN ACTUAL, PERCEIVED, OR POTENTIAL CONFLICT IS IDENTIFIED BY ANY PERSON, SUCH PERSON OR BOARD MEMBER MUST FULLY DISCLOSE THE CONFLICT TO THE BOARD CHAIR AND, WHERE APPROPRITATE, TO ALL BOARD OR COMMITTEE/TASKFORCE MEMBERS. THE CHAIR DEVELOPS AN APPROPRIATE RESPONSE, INCLUDING, WHERE NECESSARY, DISQUALIFICATION FROM VOTING AND DISCUSSION, AND ANY REMEDIAL ACTION. THE BOARD, COMMITTEE, OR TASKFORCE MUST AGREE IN MAJORITY ON THE OPTION OR COMBINATION OF OPTIONS TO BE TAKEN IN ANY GIVEN CONFLICT OF INTEREST SITUATION.
FORM 990, PART VI, SECTION C, LINE 19THE SCHOOL'S POLICY MANUAL IS AVAILABLE VIA DIGITAL OR HARD COPY UPON REQUEST.
FORM 990, PART XI, LINE 9:CURRENCY EXCHANGE RATE -162,830. REDUCTION IN PERMANENTLY RESTRICTED NET ASSETS -110,646.

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