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MARITIME ACADEMY CHARTER SCHOOL: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MARITIME ACADEMY CHARTER SCHOOL (EIN 05-0581916)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-16
IRS object ID
201621379349308237
Schema version
2014v6.0
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)
Return2016-05-16T15:29:34-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222428965PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CITRIN COOPERMAN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11800 JFK BOULEVARD 20TH FLOORAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050581916EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARITIME ACADEMY CHARTER HIGH SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARIBusinessNameControlTxt
Phone2155354555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREET BLD 107AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19137ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonED POZNEKPersonNm
Person TitleCEOPersonTitleTxt
Phone2155354555PhoneNum
Signature2016-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEVIN RYAN CPAPreparerPersonNm
PTINP00383430PTIN
Phone2155454800PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerED POZNEKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12275 BRIDGE STREET BLD 107AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19137ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,127,319GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MARITIMECHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionMARITIME ACADEMY CHARTER SCHOOL (MACHS) PROVIDES STUDENTS IN GRADES 4 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACHS STUDENTS WORK WITH THE LATEST TECHNOLOGY TO LEARN MARITIME CONTENT SUCH AS NAUTICAL SCIENCE AND MARITIME BUSINESS, WHILE ACHIEVING TO HIGH STANDARDS IN ENGLISH, MATHEMATICS, SCIENCE, SOCIAL STUDIES AND THE ARTS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee106TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$961,855PYContributionsGrantsAmt
CY Contributions Grants$1,110,738CYContributionsGrantsAmt
PY Program Service Revenue$8,666,413PYProgramServiceRevenueAmt
CY Program Service Revenue$8,015,523CYProgramServiceRevenueAmt
PY Investment Income$3,303PYInvestmentIncomeAmt
CY Investment Income$1,058CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,631,571PYTotalRevenueAmt
CY Total Revenue$9,127,319CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,641,219PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,543,052CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,090,111PYOtherExpensesAmt
CY Other Expenses$4,310,459CYOtherExpensesAmt
PY Total Expenses$9,731,330PYTotalExpensesAmt
CY Total Expenses$9,853,511CYTotalExpensesAmt
PY Revenues Less Expenses-$99,759PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$726,192CYRevenuesLessExpensesAmt
Total Assets BOY$12,976,032TotalAssetsBOYAmt
Total Assets EOY$14,334,379TotalAssetsEOYAmt
Total Liabilities BOY$8,063,477TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,015,955TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,912,555NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$6,681,576NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMARITIME ACADEMY CHARTER SCHOOL (MACHS) PROVIDES STUDENTS IN GRADES 4 THROUGH 12 A RIGOROUS ACADEMIC PROGRAM WITH THE SPECIAL THEME OF MARITIME STUDIES. MACHS STUDENTS WORK WITH THE LATEST TECHNOLOGY TO LEARN MARITIME CONTENT SUCH AS NAUTICAL SCIENCE AND MARITIME BUSINESS, WHILE ACHIEVING TO HIGH STANDARDS IN ENGLISH, MATHEMATICS, SCIENCE, SOCIAL STUDIES AND THE ARTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,338,397ExpenseAmt
Revenue$8,015,523RevenueAmt
DescTHE TRADITIONAL TOPICS OF MATHEMATICS, SCIENCES, LANGUAGE ARTS, AND SOCIAL STUDIES SERVE AS THE CORE OF STUDENT LEARNING WITH ADDITIONAL CLASSES IN MARITIME AREAS, INCLUDING TRANSPORTATION, NAUTICAL SCIENCE, MARITIME BUSINESS, ECOLOGY, ASTRONOMY AND METEOROLOGY. COURSEWORK IS INTERDISCIPLINARY, WITH CLASSROOM AND INDIVIDUAL LEARNING THAT FOCUSES ON UNDERSTANDING THE WORLD THROUGH THE LENS OF MARITIME STUDIES. SPECIAL COURSES ARE BEING DEVELOPED IN, MARINE NAVIGATION AND PILOTING, PROTECTING MARINE HABITAT, SHIPBOARD POLLUTION CONTROL, SIMULATED VOYAGES FOR MARINERS,TRAFFIC SERVICES FOR SAFE PORTS AND WATERWAYSDesc
Total Program Service Expenses$6,338,397TotalProgramServiceExpensesAmt
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 Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
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 Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee106EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
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
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 CommitteesYes (1)MinutesOfCommitteesInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATIONS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8565331600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1701 EAST GATE DRIVE SUITE 300AddressLine1Txt
CityMT LAURELCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08054ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES CLARK
BOARD MEMBER2.00Yes (X)$0$0$0
SCOTT COINTOT
VICE CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
ROBERT COOK
BOARD MEMBER2.00Yes (X)$0$0$0
MINERVA CRUZ
BOARD MEMBER2.00Yes (X)$0$0$0
TUMMONA FISHER
BOARD MEMBER2.00Yes (X)$0$0$0
MICHELE M KRAJEWSKI
SECRETARY2.00Yes (X)$0$0$0Yes (X)
EDORIS LOMAX
BOARD MEMBER2.00Yes (X)$0$0$0
EUGENE MATTIONI
CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
MICHAEL MATTIONI
BOARD MEMBER2.00Yes (X)$0$0$0
ARTHUR SULZER
BOARD MEMBER2.00Yes (X)$0$0$0
RICHARD VENUTI
BOARD MEMBER2.00Yes (X)$0$0$0
DR ROBERT VACCHIANO
BOARD MEMBER2.00Yes (X)$0$0$0
JOHN BRENNAN
BOARD MEMBER2.00Yes (X)$0$0$0
LOUIS CAVALIERE
BOARD MEMBER2.00Yes (X)$0$0$0
BARBARA HUNTER
BOARD MEMBER2.00Yes (X)$0$0$0
PETER KENNEDY
BOARD MEMBER2.00Yes (X)$0$0$0
NATHAN HAUSER
BOARD MEMBER2.00Yes (X)$0$0$0
EDWARD POZNEK
PRINCIPAL40.00$165,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$165,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$1,060,638GovernmentGrantsAmt
All Other Contributions$50,100AllOtherContributionsAmt
Total Contributions$1,110,738TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT SUBSIDY611110$7,773,254$7,773,254
STATE REIMBURSEMENTS611110$202,191$202,191
MISCELLANEOUS611110$20,281$20,281
FOOD REVENUES611110$19,797$19,797
FieldValueIRS element (for citing)
Total Program Service Revenue$8,015,523TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,058TotalRevenueColumnAmt
Exclusion$1,058ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,127,319TotalRevenueColumnAmt
Related Or Exempt Func Income$8,015,523RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,058ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,786,446TotalAmt
Program Services$2,700,326ProgramServicesAmt
Management And General$1,086,120ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$778,778TotalAmt
Program Services$563,972ProgramServicesAmt
Management And General$214,806ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$627,242TotalAmt
Program Services$420,165ProgramServicesAmt
Management And General$207,077ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$350,586TotalAmt
Program Services$253,194ProgramServicesAmt
Management And General$97,392ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$196,629TotalAmt
Management And General$196,629ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,945TotalAmt
Management And General$4,945ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,000TotalAmt
Management And General$26,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$376,074TotalAmt
Program Services$143,438ProgramServicesAmt
Management And General$232,636ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,140TotalAmt
Management And General$3,140ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$31,462TotalAmt
Management And General$31,462ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,374,215TotalAmt
Program Services$1,099,372ProgramServicesAmt
Management And General$274,843ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,614TotalAmt
Management And General$11,614ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$307,570TotalAmt
Management And General$307,570ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$781,579TotalAmt
Program Services$781,579ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$113,800TotalAmt
Program Services$40,933ProgramServicesAmt
Management And General$72,867ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
FOOD SERVICE EXPENSES$355,617$355,617
BOOKS AND INSTRUCTIONAL$263,677$44,595$219,082
OTHER PURCHASED SERVICE$156,020$156,020$0
TELEPHONE$138,715$40,679$98,036

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$169,402TotalAmt
Program Services$18,300ProgramServicesAmt
Management And General$151,102ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,853,511TotalAmt
Program Services$6,338,397ProgramServicesAmt
Management And General$3,515,114ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$384,740BOYAmt
EOY$1,168,715EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$325,993BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$537,018BOYAmt
EOY$327,431EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$110,632BOYAmt
EOY$134,273EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,156,864LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,578,413LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,221,715BOYAmt
EOY$10,578,451EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$395,934BOYAmt
EOY$2,125,509EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,976,032BOYAmt
EOY$14,334,379EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$767,702BOYAmt
EOY$509,705EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$31,285EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,137,007BOYAmt
EOY$5,982,567EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,158,768BOYAmt
EOY$14,492,398EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,063,477BOYAmt
EOY$21,015,955EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,912,555BOYAmt
EOY-$6,681,576EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,912,555BOYAmt
EOY-$6,681,576EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,976,032BOYAmt
EOY$14,334,379EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$726,192ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$10,867,940OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,369,338OtherCostOrOtherBasisAmt
Depreciation$1,538,479DepreciationAmt
Book Value$9,830,859BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,153,601OtherCostOrOtherBasisAmt
Depreciation$571,310DepreciationAmt
Book Value$582,291BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$633,925OtherCostOrOtherBasisAmt
Depreciation$468,624DepreciationAmt
Book Value$165,301BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,578,451TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
INTEREST RATE SWAP AGREEMENT$325,359
SECURITY DEPOSIT$116,105
RELATED TO PENSIONS$1,624,116
OTHER RECEIVABLES$14,510
DUE FROM PROPRIETARY FUND$45,419
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,125,509TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
INTEREST RATE SWAP AGREEMENT$325,359
LESSOR FINANCED IMPROVEMENTS$805,620
DUE TO GENERAL FUND$45,419
PENSION LIABILITY$12,428,000
RELATED TO PENSIONS$888,000
FieldValueIRS element (for citing)
Total Liability$14,492,398TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,127,319TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,127,319RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,127,319TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,853,511TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,853,511ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,853,511TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2015, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE JUNE 30, 2012.ExplanationTxt

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

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonEDWARD POZNEKPersonNm
TitlePRINCIPALTitleTxt
Base Compensation Filing Org$165,000BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$165,000TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2EUGENE MATTIONI AND DANTE MATTIONI ARE BROTHERS. MICHAEL MATTIONI IS A NEPHEW OF EUGENE AND DANTE MATTIONI.
FORM 990, PART VI, SECTION B, LINE 11ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE 990 PRIOR TO IT BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS ARE REQUIRED BY LAW TO ANNUALLLY FILE A CONFLICT OF INTEREST STATEMENT.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD MEMBERS FOR EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:GASB 68 ADJUSTMENT -10,867,940.

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