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RIVERSTONE COMMUNITY SCHOOL INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
RIVERSTONE COMMUNITY SCHOOL INC (EIN 84-1373475)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-01-13
IRS object ID
201630139349300808
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)
Return2016-01-13T10:29:28-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN264022510PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HARRIS & CO PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12289 S BONITO WAY STE 100AddressLine1Txt
CityMERIDIANCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83642ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN841373475EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIVERSTONE INTERNATIONAL SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIVEBusinessNameControlTxt
Phone2084245000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15521 WARM SPRINGS AVEAddressLine1Txt
CityBOISECityNm
State AbbreviationIDStateAbbreviationCd
ZIP83716ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN J STURGILLPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone2084245000PhoneNum
Signature2016-01-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSH TYREEPreparerPersonNm
PTINP01431021PTIN
Phone2083338965PhoneNum
Preparation2016-01-11PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN J STURGILLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15521 WARM SPRINGS AVEAddressLine1Txt
CityBOISECityNm
State AbbreviationIDStateAbbreviationCd
ZIP83716ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,103,598GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RIVERSTONESCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateIDLegalDomicileStateCd
Activity Or MissionTHE SCHOOL IS A UNIQUE INDEPENDENT SCHOOL THAT OFFERS AN EDUCATION BASED ON THE WORLD-RENOWNED PROGRAMS AND THE PHILOSOPHY OF THE INTERNATIONAL BACCALAUREATE ORGANIZATION. THROUGH A STRONG FOUNDATION BUILT ON THE FIVE PILLARS OF ACADEMIC EXCELLENCE, INTERNATIONAL UNDERSTANDING, COMMUNITY AND SERVICE, LEADERSHIP BY EXAMPLE, AND OUTDOOR EDUCATION, THE SCHOOL KNOWS AND NURTURES EVERY CHILD AND ENSURES THAT THEY REACH THEIR POTENTIAL IN A RESPECTFUL ENVIRONMENT.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee78TotalEmployeeCnt
Total Volunteers200TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$206,759PYContributionsGrantsAmt
CY Contributions Grants$1,500,005CYContributionsGrantsAmt
PY Program Service Revenue$4,501,630PYProgramServiceRevenueAmt
CY Program Service Revenue$4,466,512CYProgramServiceRevenueAmt
PY Investment Income$16,472PYInvestmentIncomeAmt
CY Investment Income$26,581CYInvestmentIncomeAmt
PY Other Revenue$132,859PYOtherRevenueAmt
CY Other Revenue$74,708CYOtherRevenueAmt
PY Total Revenue$4,857,720PYTotalRevenueAmt
CY Total Revenue$6,067,806CYTotalRevenueAmt
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$2,800,607PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,190,696CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$93,323CYTotalFundraisingExpenseAmt
PY Other Expenses$1,873,601PYOtherExpensesAmt
CY Other Expenses$1,893,183CYOtherExpensesAmt
PY Total Expenses$4,674,208PYTotalExpensesAmt
CY Total Expenses$5,083,879CYTotalExpensesAmt
PY Revenues Less Expenses$183,512PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$983,927CYRevenuesLessExpensesAmt
Total Assets BOY$8,215,107TotalAssetsBOYAmt
Total Assets EOY$9,099,148TotalAssetsEOYAmt
Total Liabilities BOY$5,762,938TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,663,052TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,452,169NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,436,096NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE SCHOOL IS A UNIQUE INDEPENDENT SCHOOL THAT OFFERS AN EDUCATION BASED ON THE WORLD-RENOWNED PROGRAMS AND THE PHILOSOPHY OF THE INTERNATIONAL BACCALAUREATE ORGANIZATION. THROUGH A STRONG FOUNDATION BUILT ON THE FIVE PILLARS OF ACADEMIC EXCELLENCE, INTERNATIONAL UNDERSTANDING, COMMUNITY AND SERVICE, LEADERSHIP BY EXAMPLE, AND OUTDOOR EDUCATION, THE SCHOOL KNOWS AND NURTURES EVERY CHILD AND ENSURES THAT THEY REACH THEIR POTENTIAL IN A RESPECTFUL ENVIRONMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,231,678ExpenseAmt
Revenue$4,466,512RevenueAmt
DescPRIVATE SCHOOLING PROGRAM DEDICATED TO ACADEMIC EXCELLENCE AND GROWTH OF ITS STUDENTS; APPROXIMATELY 346 STUDENTS SERVED.Desc
Total Program Service Expenses$4,231,678TotalProgramServiceExpensesAmt
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 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 Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
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 Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee78EmployeeCnt
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 Members13GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2084245000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15521 WARM SPRINGS AVEAddressLine1Txt
CityBOISECityNm
State AbbreviationIDStateAbbreviationCd
ZIP83716ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
STEPHEN J STURGILL
CHAIR/TRUSTEE4.00Yes (X)$0$0$0
MORTON HARDWICK
VICE CHAIR/TRUSTEE2.00Yes (X)$0$0$0
SCOTT PETERSON
TREASURER/TRUSTEE2.00Yes (X)$0$0$0
MARK LIEBICH
VICE CHAIR/SECRETARY/TRUSTEE2.00Yes (X)$0$0$0
BRIAN BAVA
TRUSTEE1.00Yes (X)$0$0$0
JUAN CARLOS DUQUE
TRUSTEE1.00Yes (X)$0$0$0
TORY GOLTRY
TRUSTEE1.00Yes (X)$0$0$0
KURT LIEBICH
TRUSTEE1.00Yes (X)$0$0$0
SUZANNE LONG
TRUSTEE1.00Yes (X)$0$0$0
JOHN PERL II
TRUSTEE1.00Yes (X)$0$0$0
JEFF RUSSELL
TRUSTEE1.00Yes (X)$0$0$0
BEN SCHWARTZMAN
TRUSTEE1.00Yes (X)$0$0$0
NICOLE TOELDTE
TRUSTEE1.00Yes (X)$0$0$0
ROBERT CARIGNAN
HEAD OF SCHOOL50.00$115,000$0$9,472Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$115,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$9,472TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,500,005AllOtherContributionsAmt
Noncash Contributions$499NoncashContributionsAmt
Total Contributions$1,500,005TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611110$4,357,835$4,357,835
STUDENT ACTIVITIES611110$103,877$103,877

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,800TotalRevenueColumnAmt
Related Or Exempt Func Income$4,800RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,466,512TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,581TotalRevenueColumnAmt
Exclusion$26,581ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$110,500FundraisingGrossIncomeAmt
Fundraising Direct Expenses$35,792FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$74,708TotalRevenueColumnAmt
Exclusion$74,708ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,067,806TotalRevenueColumnAmt
Related Or Exempt Func Income$4,466,512RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$101,289ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$130,440TotalAmt
Program Services$113,483ProgramServicesAmt
Management And General$14,348ManagementAndGeneralAmt
Fundraising$2,609FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,496,947TotalAmt
Program Services$2,167,572ProgramServicesAmt
Management And General$262,775ManagementAndGeneralAmt
Fundraising$66,600FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$349,378TotalAmt
Program Services$303,303ProgramServicesAmt
Management And General$36,797ManagementAndGeneralAmt
Fundraising$9,278FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$213,931TotalAmt
Program Services$185,730ProgramServicesAmt
Management And General$22,560ManagementAndGeneralAmt
Fundraising$5,641FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,436TotalAmt
Management And General$17,436ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$107,726TotalAmt
Management And General$107,726ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$53,442TotalAmt
Management And General$53,442ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$177,238TotalAmt
Program Services$157,218ProgramServicesAmt
Management And General$20,020ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$89,082TotalAmt
Program Services$73,836ProgramServicesAmt
Management And General$12,197ManagementAndGeneralAmt
Fundraising$3,049FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$38,839TotalAmt
Program Services$38,839ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$17,021TotalAmt
Program Services$17,021ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$185,837TotalAmt
Management And General$185,837ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$233,082TotalAmt
Program Services$202,356ProgramServicesAmt
Management And General$24,580ManagementAndGeneralAmt
Fundraising$6,146FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$77,633TotalAmt
Program Services$77,633ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
REPAIRS$221,813$221,813
FACULTY REMISSION$219,305$219,305
STUDENT ACTIVITIES$109,617$109,617
OUTDOOR ACTIVITIES$96,808$96,808

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$248,304TotalAmt
Program Services$247,144ProgramServicesAmt
Management And General$1,160ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,083,879TotalAmt
Program Services$4,231,678ProgramServicesAmt
Management And General$758,878ManagementAndGeneralAmt
Fundraising$93,323FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$88,418BOYAmt
EOY$131,498EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$74,473BOYAmt
EOY$703,296EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,668BOYAmt
EOY$406,416EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$99,849BOYAmt
EOY$111,603EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$27,253BOYAmt
EOY$33,693EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,251,301LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,677,069LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,746,785BOYAmt
EOY$7,574,232EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$152,661BOYAmt
EOY$138,410EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,215,107BOYAmt
EOY$9,099,148EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$387,151BOYAmt
EOY$483,230EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$636,906BOYAmt
EOY$641,810EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$667,575BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,933,000BOYAmt
EOY$4,406,132EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$18,962BOYAmt
EOY$17,135EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$119,344BOYAmt
EOY$114,745EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,762,938BOYAmt
EOY$5,663,052EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,424,354BOYAmt
EOY$3,275,484EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,815BOYAmt
EOY$160,612EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,452,169BOYAmt
EOY$3,436,096EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,215,107BOYAmt
EOY$9,099,148EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$983,927ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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 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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,368,000OtherCostOrOtherBasisAmt
Book Value$1,368,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,748,728OtherCostOrOtherBasisAmt
Depreciation$1,198,805DepreciationAmt
Book Value$5,549,923BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$767,466OtherCostOrOtherBasisAmt
Depreciation$183,111DepreciationAmt
Book Value$584,355BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$367,107OtherCostOrOtherBasisAmt
Depreciation$295,153DepreciationAmt
Book Value$71,954BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,574,232TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescINTEREST RATE SWAPDesc
Amt$114,745Amt
FieldValueIRS element (for citing)
Total Liability$114,745TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,103,598TotalRevEtcAuditedFinclStmtAmt
Other Revenue$35,792OtherRevenueAmt
Revenue Not Reported$35,792RevenueNotReportedAmt
Revenue Subtotal$6,067,806RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,067,806TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,119,671TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$35,792OtherExpensesIncludedAmt
Expenses Not Reported$35,792ExpensesNotReportedAmt
Expenses Subtotal$5,083,879ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,083,879TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:UNCERTAIN TAX POSITIONS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2015 OR 2014. THE SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2011.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSE NETTED AGAINST REVENUES 35,792.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSE NETTED AGAINST REVENUES 35,792.

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 Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationNONDISCRIMINATORY POLICY PUBLISHED IN LOCAL NEWSPAPER.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AUCTIONEvent1Nm
Gross Receipts Event1$110,500GrossReceiptsEvent1Amt
Gross Revenue Event1$110,500GrossRevenueEvent1Amt
Rent Facility Costs Event1$12,919RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,760FoodAndBeverageEvent1Amt
Entertainment Event1$600EntertainmentEvent1Amt
Other Direct Expenses Event1$19,513OtherDirectExpensesEvent1Amt
Gross Receipts Total$110,500GrossReceiptsTotalAmt
Gross Revenue Total Events$110,500GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$12,919RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,760FoodAndBeverageTotalEventsAmt
Entertainment Total Events$600EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$19,513OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$35,792DirectExpenseSummaryEventsAmt
Net Income Summary$74,708NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TWO MEMBERS OF THE BOARD OF TRUSTEES, KURT LIEBICH AND MARK LIEBICH, HAVE A FAMILY RELATIONSHIP. FORMER MEMBER OF THE BOARD OF TRUSTEES, PETER WACHTELL, DID NOT QUALIFY AS INDEPENDENT IN PRIOR YEARS DUE TO HIS AFFILIATION WITH THE WACHTELL FAMILY FOUNDATION, WHICH HOLDS A LOAN AS REPORTED ON SCHEDULE L. HE IS NO LONGER ON THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11A COPY OF FORM 990 IS DISTRIBUTED TO ALL TRUSTEES. THE TRUSTEES REVIEW THE FORM 990 BEFORE FILING AND REPORT ANY ITEMS OF CONCERN. THE BOARD OF TRUSTEES VOTES TO APPROVE THE FILING OF FORM 990.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD CHAIR MONITORS THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF ANY TRUSTEES BELIEVE A CONFLICT OF INTEREST EXISTS, THEY ARE EXCLUDED FROM COMMENTING AND VOTING ON THE ISSUE.
FORM 990, PART VI, SECTION B, LINE 15KEY EMPLOYEE EMPLOYMENT CONTRACTS ARE APPROVED BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS MAINTAINED AT THE ORGANIZATION'S PLACE OF BUSINESS AND MADE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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