MILLBROOK SCHOOL: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MILLBROOK SCHOOL (EIN 14-1413770)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2016-10-27
- IRS object ID
- 201633019349300318
- Schema version
- 2015v2.1
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-27T08:55:02-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 Church Street 12th floor | AddressLine1Txt |
| City | Hartford | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141413770 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Millbrook School | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILL | BusinessNameControlTxt |
| Phone | 8456778261 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 Millbrook School ROAD | AddressLine1Txt |
| City | Millbrook | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12545 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert W Connolly | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8456778261 | PhoneNum |
| Signature | 2016-10-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN TOSCANO | PreparerPersonNm |
| PTIN | P00358542 | PTIN |
| Phone | 9592007000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Drew Casertano | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 Millbrook School ROAD | AddressLine1Txt |
| City | Millbrook | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12545 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,559,278 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MILLBROOK.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1932 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | MILLBROOK SCHOOL IS a COEDUCATIONAL, COLLEGE PREPARATORY School which offers college preparatory education to its boarding and day students. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 203 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $104,029 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$12,282 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,740,912 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,097,240 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,411,126 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,186,689 | CYProgramServiceRevenueAmt |
| PY Investment Income | $633,309 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,381,385 | CYInvestmentIncomeAmt |
| PY Other Revenue | $40,898 | PYOtherRevenueAmt |
| CY Other Revenue | $22,448 | CYOtherRevenueAmt |
| PY Total Revenue | $24,826,245 | PYTotalRevenueAmt |
| CY Total Revenue | $30,687,762 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,876,145 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,282,233 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,230,691 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,949,469 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $51,238 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $56,441 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,735,911 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,918,899 | PYOtherExpensesAmt |
| CY Other Expenses | $8,876,778 | CYOtherExpensesAmt |
| PY Total Expenses | $21,076,973 | PYTotalExpensesAmt |
| CY Total Expenses | $22,164,921 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,749,272 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,522,841 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $106,846,227 | TotalAssetsBOYAmt |
| Total Assets EOY | $114,048,858 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,544,614 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,560,577 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $83,301,613 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $88,488,281 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MILLBROOK SCHOOL IS A SMALL, COEDUCATIONAL, COLLEGE PREPARATORY BOARDING SCHOOL WHERE CLOSE, NURTURING, AND STIMULATING RELATIONSHIPS BETWEEN STUDENTS AND THEIR TEACHERS HAVE BEEN THE SCHOOL'S HALLMARK SINCE ITS FOUNDING. OUR GOAL IS TO PROMOTE IN EACH STUDENT THE INTELLECTUAL, EMOTIONAL, SPIRITUAL, AND PHYSICAL GROWTH WHICH WILL LEAD TO A LIFE BOTH INDIVIDUALLY SATISFYING AND VALUABLE TO THE GREATER SOCIETY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,613,046 | ExpenseAmt |
| Grant | $3,282,233 | GrantAmt |
| Revenue | $18,105,457 | RevenueAmt |
| Desc | INDEPENDENT SECONDARY EDUCATION FOR APPROXIMATELY 315 BOARDING AND DAY STUDENTS. | Desc |
| Total Program Service Expenses | $17,613,046 | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 105 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 203 | 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 | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert W Connolly | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8456778261 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 MILLBROOK SCHOOL ROAD | AddressLine1Txt |
| City | MILLBROOK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12545 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| franCISCO L BORGES | |||||||
| tRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| dreW J CASERTANO | |||||||
| headmaster | 40.00 | Yes (X) | $338,392 | $0 | $128,808 | Yes (X) | |
| peter R CHAPMAN | |||||||
| secretary | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| trevor COLHOUN | |||||||
| trustEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| morgan conrad | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| kathlEEN DILL | |||||||
| truSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| robert w hALLETT | |||||||
| outgoing trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| william r hettinger | |||||||
| outgoing trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| christopHER HOLBROOK | |||||||
| truSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| theodore karatz | |||||||
| trusTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| robert s koenigsberger | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| christINA E LANG-ASSAEL | |||||||
| trustEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| william menard | |||||||
| chairman | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| tracy merrill | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| gordon s pennoyer | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| anne b putnam | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GILBERT P SCHAFER III | |||||||
| trUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| lisa selz | |||||||
| tRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| paul solomon | |||||||
| vice chairman | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| richard stuckey | |||||||
| treasurer | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| charlotTE TRACY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| caroline a wamsler | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| george tWhalen III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| robert w Connolly | |||||||
| chief financial officer | 40.00 | $173,590 | $0 | $49,861 | Yes (X) | ||
| robert anthony | |||||||
| assistant to the headmaster for external affairs | 40.00 | $171,308 | $0 | $41,488 | Yes (X) | ||
| nancy stahl | |||||||
| director of development | 40.00 | $161,138 | $0 | $26,280 | Yes (X) | ||
| jon downs | |||||||
| director of admissions | 40.00 | $145,498 | $0 | $52,751 | Yes (X) | ||
| elizabeth duhoski | |||||||
| assistant to the headmaster, Dean of Students | 40.00 | $107,288 | $0 | $33,867 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,097,214 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $333,055 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KIRCHHOFF - CONSIGLI CONSTRUCTION MANAGE | |||||
| 199 WEST ROAD SUITE 100 | PLEASANT VALLEY | NY | 12569 | construction services | $3,704,488 |
| ARAMARK CORPORATION | |||||
| PO BOX 198532 | ATLANTA | GA | 303848532 | Food Service | $1,255,661 |
| voith & mactavish | |||||
| 2401 walnut street 6th floor | philadelphia | PA | 19103 | architectural services | $692,370 |
| T & M PROTECTION RESOURCES LLC | |||||
| 230 PARK AVE | new york | NY | 10169 | investigatioN services | $167,765 |
| BLUE DRAGON CONNECTIONS LLC | |||||
| PO BOX 322 | STORMVILLE | NY | 12582 | TELEPHONE/COMMUNICATION/CONSTRUCTION INS | $131,570 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $39,080 | GovernmentGrantsAmt |
| All Other Contributions | $11,058,160 | AllOtherContributionsAmt |
| Noncash Contributions | $305,702 | NoncashContributionsAmt |
| Total Contributions | $11,097,240 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 611110 | $17,616,386 | $17,616,386 | |
| PROGRAM SUPPORTING REVENUES AND F | 611110 | $324,028 | $324,028 | |
| auxiliary income | 611110 | $246,275 | $142,595 | $103,680 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,186,689 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,395,906 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $349 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,395,557 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,588,810 | SecuritiesAmt |
| Other | $13,200 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,579,480 | SecuritiesAmt |
| Other | $37,051 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,330 | SecuritiesAmt |
| Other | -$23,851 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$14,521 | TotalRevenueColumnAmt |
| Exclusion | -$14,521 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $277,433 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $254,985 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,448 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,448 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,687,762 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,105,457 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $104,029 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,381,036 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,282,233 | TotalAmt |
| Program Services | $3,282,233 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $612,675 | TotalAmt |
| Management And General | $403,842 | ManagementAndGeneralAmt |
| Fundraising | $208,833 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,044,284 | TotalAmt |
| Program Services | $6,001,743 | ProgramServicesAmt |
| Management And General | $321,860 | ManagementAndGeneralAmt |
| Fundraising | $720,681 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $408,399 | TotalAmt |
| Program Services | $356,196 | ProgramServicesAmt |
| Management And General | $4,631 | ManagementAndGeneralAmt |
| Fundraising | $47,572 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,355,246 | TotalAmt |
| Program Services | $1,154,468 | ProgramServicesAmt |
| Management And General | $81,045 | ManagementAndGeneralAmt |
| Fundraising | $119,733 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $528,865 | TotalAmt |
| Program Services | $430,570 | ProgramServicesAmt |
| Management And General | $12,137 | ManagementAndGeneralAmt |
| Fundraising | $86,158 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,036 | TotalAmt |
| Management And General | $341,036 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,350 | TotalAmt |
| Management And General | $57,350 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,441 | TotalAmt |
| Fundraising | $56,441 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,913 | TotalAmt |
| Management And General | $8,913 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,520 | TotalAmt |
| Program Services | $8,260 | ProgramServicesAmt |
| Management And General | $8,260 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,007 | TotalAmt |
| Program Services | $48,995 | ProgramServicesAmt |
| Management And General | $85,553 | ManagementAndGeneralAmt |
| Fundraising | $6,459 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,090 | TotalAmt |
| Program Services | $435,272 | ProgramServicesAmt |
| Management And General | $97,936 | ManagementAndGeneralAmt |
| Fundraising | $10,882 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,599 | TotalAmt |
| Program Services | $50,939 | ProgramServicesAmt |
| Management And General | $5,660 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,622 | TotalAmt |
| Program Services | $355,698 | ProgramServicesAmt |
| Management And General | $88,924 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,365,601 | TotalAmt |
| Program Services | $1,655,921 | ProgramServicesAmt |
| Management And General | $591,400 | ManagementAndGeneralAmt |
| Fundraising | $118,280 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,733 | TotalAmt |
| Program Services | $316,560 | ProgramServicesAmt |
| Management And General | $35,173 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $1,103,488 | $1,103,488 | ||
| repairs and maintenance | $910,762 | $819,686 | $63,753 | $27,323 |
| INSTRUCTIONAL, ATHLETIC | $885,020 | $885,020 | ||
| alumni, publications an | $359,246 | $71,849 | $287,397 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,290,791 | TotalAmt |
| Program Services | $707,997 | ProgramServicesAmt |
| Management And General | $536,642 | ManagementAndGeneralAmt |
| Fundraising | $46,152 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,164,921 | TotalAmt |
| Program Services | $17,613,046 | ProgramServicesAmt |
| Management And General | $2,815,964 | ManagementAndGeneralAmt |
| Fundraising | $1,735,911 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,374,871 | BOYAmt |
| EOY | $9,505,218 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $390,335 | BOYAmt |
| EOY | $179,534 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,297,003 | BOYAmt |
| EOY | $8,203,512 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,150 | BOYAmt |
| EOY | $152,513 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,129 | BOYAmt |
| EOY | $324,819 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $93,170,109 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $29,683,908 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,302,933 | BOYAmt |
| EOY | $63,486,201 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,255,123 | BOYAmt |
| EOY | $24,840,444 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,266,431 | BOYAmt |
| EOY | $6,845,790 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $503,252 | BOYAmt |
| EOY | $510,827 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,846,227 | BOYAmt |
| EOY | $114,048,858 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,530,441 | BOYAmt |
| EOY | $1,526,422 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,240,080 | BOYAmt |
| EOY | $6,841,201 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,683,549 | BOYAmt |
| EOY | $17,119,439 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,385 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,159 | BOYAmt |
| EOY | $73,515 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,544,614 | BOYAmt |
| EOY | $25,560,577 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,338,687 | BOYAmt |
| EOY | $62,899,400 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,180,948 | BOYAmt |
| EOY | $10,439,381 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,781,978 | BOYAmt |
| EOY | $15,149,500 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,301,613 | BOYAmt |
| EOY | $88,488,281 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,846,227 | BOYAmt |
| EOY | $114,048,858 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,522,841 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,322,754 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,013,419 | 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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $254,308 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,479,197 | BeginningYearBalanceAmt |
| Contributions | $3,363,944 | ContributionsAmt |
| Investment Earnings Or Losses | -$979,351 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,248,082 | OtherExpendituresAmt |
| End Year Balance | $33,615,708 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,523,146 | BeginningYearBalanceAmt |
| Contributions | $1,462,265 | ContributionsAmt |
| Investment Earnings Or Losses | -$330,068 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,176,146 | OtherExpendituresAmt |
| End Year Balance | $32,479,197 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,997,739 | BeginningYearBalanceAmt |
| Contributions | $2,940,550 | ContributionsAmt |
| Investment Earnings Or Losses | $3,609,988 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,025,131 | OtherExpendituresAmt |
| End Year Balance | $32,523,146 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,278,635 | BeginningYearBalanceAmt |
| Contributions | $1,103,570 | ContributionsAmt |
| Investment Earnings Or Losses | $2,297,327 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,681,793 | OtherExpendituresAmt |
| End Year Balance | $26,997,739 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,016,738 | BeginningYearBalanceAmt |
| Contributions | $1,065,982 | ContributionsAmt |
| Investment Earnings Or Losses | $206,348 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,010,433 | OtherExpendituresAmt |
| End Year Balance | $25,278,635 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.47200 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.44900 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.07900 | 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 | $1,199,517 | OtherCostOrOtherBasisAmt |
| Book Value | $1,199,517 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $76,234,893 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,762,950 | DepreciationAmt |
| Book Value | $50,471,943 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,046,452 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,308,938 | DepreciationAmt |
| Book Value | $737,514 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,689,247 | OtherCostOrOtherBasisAmt |
| Depreciation | $612,020 | DepreciationAmt |
| Book Value | $11,077,227 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $63,486,201 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUND | $6,385,131 | F |
| INVESTMENT IN PARTNERSHIP | $460,659 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,845,790 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Student deposits | Desc |
| Amt | $73,515 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $73,515 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,114,341 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,322,754 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $261,989 | OtherRevenueAmt |
| Revenue Not Reported | -$2,060,765 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,175,106 | RevenueSubtotalAmt |
| Other Revenues Not Included | $4,512,656 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,512,656 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $30,687,762 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,927,673 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $254,985 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $254,985 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,672,688 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,492,233 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,492,233 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,164,921 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | The School has a collection of artwork, recorded at $254,308, which is on public display throughout its campus buildings. The School follows a policy of capitalizing the collection of artwork in its financial statements. Accordingly, collection items are recognized as assets, whether they are purchased or received as a contribution. |
| Part III, Line 4: | THE ART COLLECTIONS GENERALLY REPRESENTS PAINTINGS, pictures, and sculptures THAT HAVE BEEN RECEIVED AS DONATIONS. THEY ARE DISPLAYED AT VARIOUS LOCATIONS THROUGHOUT THE CAMPUS. |
| Part V, Line 4: | Income from the School's endowment is appropriated for student financial aid, teacher's salaries and benefits, and operating expenses of the School. Appropriations are made in accordance with donor restrictions, and the School's approved spending policy. |
| Part X, Line 2: | The School has no unrecognized tax benefits at June 30, 2016 and 2015. The School's Federal information returns prior to fiscal year 2013 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If the School had unrelated business income taxes, it would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the statement of financial position. |
| Part XI, Line 2d - Other Adjustments: | COST OF GOODS SOLD 254,985. Change in Cash Surrender Value of Life Insurance 7,004. |
| Part XI, Line 4b - Other Adjustments: | FINANCIAL AID 3,282,233. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 265. TUITION REMISSION 210,000. uncollectible pledges 1,020,158. |
| Part XII, Line 2d - Other Adjustments: | cost of goods sold 254,985. |
| Part XII, Line 4b - Other Adjustments: | FINANCIAL AID 3,282,233. TUITION REMISSION 210,000. |
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 | 1) ANNUALLY IN THE New York TIMES AND LOCAL NEWPAPERS 2) CATALOGUES MAILED TO POTENTIAL STUDENTS 3) WEBSITE | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTS AND LUNDY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 wall street west | AddressLine1Txt |
| City | lyndhurst | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | fundraising consulting | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $56,441 | RetainedByContractorAmt |
| Net To Organization | -$56,441 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $56,441 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$56,441 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID TO STUDENTS | GrantTypeTxt |
| Recipient | 91 | RecipientCnt |
| Non Cash Assistance | $3,282,233 | NonCashAssistanceAmt |
| Valuation Method Used | FAIR MARKET VALUE | ValuationMethodUsedDesc |
| Non Cash Assistance | GRANTS REPRESENT FINANCIAL AID PROVIDED TO STUDENTS BASED UPON NEED. | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Financial aid is offered to qualified students on the basis of the demonstrated financial need of the family and the availability of funds. The School subscribes to the School and Student Services (SSS). SSS assesses a family's financial need by taking the detailed financial information supplied by the family and applying it to a formula nationally accepted by independent schools. SSS then prepares a Report of Family Contribution (RFC), which it sends to the School with a recommendation as to the amount which the family can contribute toward their child's education. The School's Financial Aid Committee will use this recommendation as a starting point for determining a family's award, bearing in mind that there are many special conditions surrounding each family's financial situation. The Financial Aid Committee also takes into account a family's financial strength relative to all of the families who are applying for aid as well as the availability of funds which the school has budgeted for this purpose. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dreW J CASERTANO | ||||||||||||||
| headmaster | $328,971 | $0 | $0 | $0 | $9,421 | $0 | $62,316 | $0 | $66,492 | $0 | $467,200 | $0 | $0 | $0 |
| robert w Connolly | ||||||||||||||
| chief financial officer | $173,590 | $0 | $0 | $0 | $0 | $0 | $10,485 | $0 | $39,376 | $0 | $223,451 | $0 | $0 | $0 |
| robert anthony | ||||||||||||||
| assistant to the headmaster for exte | $171,308 | $0 | $0 | $0 | $0 | $0 | $17,640 | $0 | $23,848 | $0 | $212,796 | $0 | $0 | $0 |
| nancy stahl | ||||||||||||||
| director of development | $161,138 | $0 | $0 | $0 | $0 | $0 | $9,895 | $0 | $16,385 | $0 | $187,418 | $0 | $0 | $0 |
| jon downs | ||||||||||||||
| director of admissions | $145,498 | $0 | $0 | $0 | $0 | $0 | $6,285 | $0 | $46,466 | $0 | $198,249 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | MOST FACULTY MEMBERS ARE REQUIRED TO LIVE ON CAMPUS. ACCORDINGLY, THE SCHOOL PROVIDES HOUSING TO ALL ELIGIBLE FACULTY MEMBERS BASED ON AVAILABILITY. IN ADDITION, PER THE TERMS OF THE EMPLOYMENT AGREEMENTS THE FOLLOWING BENEFITS ARE AVAILABLE and included as other reportable compensation: A) A HOUSING ALLOWANCE FOR REIMBURSEMENT OF EXPENSES RELATED TO A PERSONAL RESIDENCE B) MEMBERSHIP TO SOCIAL CLUBS (PAID FOR DIRECTLY BY THE SCHOOL) |
| Part I, Line 4b | During calendar year 2015, Mr. Casertano participated in a deferred compensation plan, subject to substantial risk of forfeiture, to which certain amounts were credited by the School. This amount is included in Schedule J, Part II, Column C. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION SERIES 2013A | ||||||||
| A | 273106797 | noneavail | 2013-08-29 | $12,560,000 | CONSTRUCTION OF NEW GIRLS DORMITORY, FACILITIES BUILDING, DINING HALL. | 0 | 0 | 0 |
| DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION SERIES 2013B | ||||||||
| B | 273106797 | noneavail | 2013-08-29 | $10,440,000 | CONSTRUCTION OF PROJECTS AND REFUNDING SERIES 2008 BONDS AND LOC. | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $7,487,024 | $5,072,976 | 2043 | 0 | 0 | Yes (1) | Yes (1) | |||
| B | $10,016,000 | 2043 | Yes (1) | 0 | Yes (1) | Yes (1) | $424,000 | $424,894 | $10,015,106 |
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 (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| LINDA CASERTANO | |||
| SPOUSE OF THE HEADMASTER | $92,473 | ASSOCIATE DIRECTOR OF ADMISSIONS AND IS THE DIRECTOR OF FINANCIAL AID. | 0 |
| VIRGINIA CONNOLLY | |||
| SPOUSE OF THE CFO | $65,115 | human resources; assistance to development office | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $282,246 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MISCELLANEOUS | Desc |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $23,456 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column (b): | THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. |
| Part I, Line 32b: | THE SCHOOL MAINTAINS AN ACCOUNT AT A FINANCIAL INSTITUTION INTO WHICH GIFTS OF APPRECIATED SECURITIES ARE RECEIVED AND FROM WHICH THEY ARE LIQUIDATED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 8b | THE BOARD HAS CREATED VARIOUS COMMITTEES TO PERFORM CERTAIN FUNCTIONS ON BEHALF OF THE BOARD. HOWEVER, THE COMMITTEES' ACTIONS ARE REVIEWED AND RATIFIED BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Section B, line 11 | MEMBERS OF THE AUDIT COMMITTEE AND THE HEADMASTER REVIEW FORM 990 AND APPROVE IT FOR FILING. the Form 990, except for Schedule B, is then provided to the full board prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Section B, line 12c | Each year the School sends to each officer, trustee, and key employee a questionnaire on any conflicts of interest. All other employees are made aware of the policy, and encouraged to disclose any conflicts. |
| Form 990, Part VI, Section B, line 15 | COMPENSATION FOR THE HEADMASTER AND KEY EMPLOYEES IS APPROVED BY THE BOARD OF TRUSTEES. IT IS GENERALLY BASED ON A REVIEW OF COMPENSATION PACKAGES OFFERED BY SIMILAR SCHOOLS IN THE AREA. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| Form 990, Part XI, line 9: | change in value of charitable trust -265. Change in Cash Surrender Value of Life Insurance 7,004. uncollectible pledges -1,020,158. |
| FORM 990, PART XII, LINE 2C | THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESSes DURING THE TAX YEAR. |