BUXTON SCHOOL INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: BUXTON SCHOOL INC (EIN 04-2219425)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2015-11-02
IRS object ID: 201503069349300835
Schema version: 2014v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-02T12:07:17-06:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	205711238	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ADELSON & COMPANY PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 NORTH ST	AddressLine1Txt
City	PITTSFIELD	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01201	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042219425	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BUXTON SCHOOLINC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BUXT	BusinessNameControlTxt
Phone	4134583919	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	291 SOUTH STREET	AddressLine1Txt
City	WILLIAMSTOWN	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01267	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PETER SMITH	PersonNm
Person Title	DIRECTOR, TRUSTEE	PersonTitleTxt
Phone	4134583919	PhoneNum
Signature	2015-10-26	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CAROL LEIBINGER-HEALEY CPA	PreparerPersonNm
PTIN	P00849882	PTIN
Phone	4134436408	PhoneNum
Preparation	2015-10-23	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	PETER SMITH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	291 SOUTH STREET	AddressLine1Txt
City	WILLIAMSTOWN	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01267	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$5,690,252	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.BUXTONSCHOOL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1950	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE EDUCATION OF SECONDARY SCHOOL STUDENTS	ActivityOrMissionDesc
Voting Members Governing Body	21	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	52	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$315,422	PYContributionsGrantsAmt
CY Contributions Grants	$290,136	CYContributionsGrantsAmt
PY Program Service Revenue	$4,468,350	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,974,125	CYProgramServiceRevenueAmt
PY Investment Income	$279,298	PYInvestmentIncomeAmt
CY Investment Income	$335,609	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$5,063,070	PYTotalRevenueAmt
CY Total Revenue	$4,599,870	CYTotalRevenueAmt
PY Grants And Similar Paid	$2,168,438	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,930,539	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,811,639	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,914,187	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$178,533	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,200,127	PYOtherExpensesAmt
CY Other Expenses	$1,130,427	CYOtherExpensesAmt
PY Total Expenses	$5,180,204	PYTotalExpensesAmt
CY Total Expenses	$4,975,153	CYTotalExpensesAmt
PY Revenues Less Expenses	-$117,134	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$375,283	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,018,587	TotalAssetsBOYAmt
Total Assets EOY	$6,467,070	TotalAssetsEOYAmt
Total Liabilities BOY	$2,197,602	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,480,112	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,820,985	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,986,958	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE EDUCATION OF SECONDARY SCHOOL STUDENTS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,217,296	ExpenseAmt
Grant	$1,930,539	GrantAmt
Revenue	$3,974,125	RevenueAmt
Desc	TEACHING AND STUDENT ACTIVITIES, OPERATION OF A SECONDARY SCHOOL TO ASSIST IN THE OVERALL DEVELOPMENT OF STUDENTS INCLUDING KITCHEN & OPERATIONS FACILITY EXPENSES IN SUPPORT OF THE TEACHING AND STUDENT ACTIVITIES PROGRAM	Desc
Total Program Service Expenses	$4,217,296	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	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	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	8	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	52	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
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
Form8899 Filedind	0	Form8899Filedind
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	21	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	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	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORPORATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4134583919	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	291 SOUTH ST	AddressLine1Txt
City	WILLIAMSTOWN	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01267	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
B GRAEME FINCKE MD
PRESIDENT	1.50	Yes (X)	Yes (X)	$0	$0	$0
NANCY E GLOWA ESQ
VICE PRESIDENT	1.50	Yes (X)	Yes (X)	$0	$0	$0
ISAAC ZAUR
TREASURER	1.50	Yes (X)	Yes (X)	$0	$0	$0
RUTH DUELL
SECRETARY	1.50	Yes (X)	Yes (X)	$0	$0	$0
DIANA HITT POTTER
CLERK	1.50	Yes (X)	Yes (X)	$0	$0	$0
HORATIO R POTTER
TRUSTEE	1.50	Yes (X)		$0	$0	$0
AMANDA ROSS
TRUSTEE	1.50	Yes (X)		$0	$0	$0
ANDREA CURRIER
TRUSTEE	1.50	Yes (X)		$0	$0	$0
SUSAN MERRETT
TRUSTEE	1.50	Yes (X)		$0	$0	$0
KESTER HODGE
TRUSTEE	1.50	Yes (X)		$0	$0	$0
NANCY NEWBERGER
TRUSTEE	1.50	Yes (X)		$0	$0	$0
DAVID DONALDSON
TRUSTEE	1.50	Yes (X)		$0	$0	$0
WILLIAM MORSE
TRUSTEE	1.50	Yes (X)		$0	$0	$0
NANCY RULLO
TRUSTEE	1.50	Yes (X)		$0	$0	$0
ARJUN ACHUTHAN
TRUSTEE	1.50	Yes (X)		$0	$0	$0
KAREN FALK
TRUSTEE	1.50	Yes (X)		$0	$0	$0
PATTI HOLLAND
TRUSTEE	1.50	Yes (X)		$0	$0	$0
DAN SIMONS
TRUSTEE	1.50	Yes (X)		$0	$0	$0
C WILLIAM BENNETT
DIRECTOR EMERITUS	40.00		Yes (X)	$57,420	$0	$13,279
FRANNY SHUKER-HAINES
ASSOCIATE DIRECTOR	40.00		Yes (X)	$67,489	$0	$22,002
PETER SMITH
DIRECTOR	40.00		Yes (X)	$78,000	$0	$23,592

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$202,909	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$58,873	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$290,136	AllOtherContributionsAmt
Noncash Contributions	$16,325	NoncashContributionsAmt
Total Contributions	$290,136	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	900099	$3,871,623	$3,871,623
ACTIVITY FEES	900099	$74,821	$74,821
BOOK REVENUE	900099	$27,681	$27,681

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,974,125	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$74,704	TotalRevenueColumnAmt
Exclusion	$74,704	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,350,837	SecuritiesAmt
Other	$450	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,090,382	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$260,455	SecuritiesAmt
Other	$450	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$260,905	TotalRevenueColumnAmt
Exclusion	$260,905	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,599,870	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,974,125	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$335,609	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$1,930,539	TotalAmt
Program Services	$1,930,539	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$273,074	TotalAmt
Program Services	$273,074	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,243,436	TotalAmt
Program Services	$910,665	ProgramServicesAmt
Management And General	$249,207	ManagementAndGeneralAmt
Fundraising	$83,564	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$287,635	TotalAmt
Program Services	$203,872	ProgramServicesAmt
Management And General	$63,833	ManagementAndGeneralAmt
Fundraising	$19,930	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$110,042	TotalAmt
Program Services	$84,208	ProgramServicesAmt
Management And General	$19,362	ManagementAndGeneralAmt
Fundraising	$6,472	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$567	TotalAmt
Management And General	$567	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$24,500	TotalAmt
Management And General	$24,500	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$32,638	TotalAmt
Management And General	$32,638	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$33,818	TotalAmt
Management And General	$33,818	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$74,841	TotalAmt
Program Services	$22,877	ProgramServicesAmt
Management And General	$22,261	ManagementAndGeneralAmt
Fundraising	$29,703	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$60,650	TotalAmt
Program Services	$15,149	ProgramServicesAmt
Management And General	$25,239	ManagementAndGeneralAmt
Fundraising	$20,262	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$282,680	TotalAmt
Program Services	$282,680	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,663	TotalAmt
Management And General	$6,663	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$45,125	TotalAmt
Management And General	$45,125	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$135,942	TotalAmt
Program Services	$135,942	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$43,584	TotalAmt
Management And General	$43,584	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
FOOD & KITCHEN SUPPLIES	$154,336	$154,336
TEACHING & STUDENT ACTI	$132,416	$132,416
PROFESSIONAL DEVELOPMEN	$24,610	$21,735	$1,297	$1,578
TELEPHONE	$17,044	$8,290	$4,809	$3,945

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$61,013	TotalAmt
Program Services	$41,513	ProgramServicesAmt
Management And General	$6,421	ManagementAndGeneralAmt
Fundraising	$13,079	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,975,153	TotalAmt
Program Services	$4,217,296	ProgramServicesAmt
Management And General	$579,324	ManagementAndGeneralAmt
Fundraising	$178,533	FundraisingAmt

Field	Value	IRS element (for citing)
Joint Costs	Yes (X)	JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$503	BOYAmt
EOY	$2,230	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$122,175	BOYAmt
EOY	$464,396	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$811,667	BOYAmt
EOY	$695,649	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$3,919	BOYAmt
EOY	$3,919	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$35,626	BOYAmt
EOY	$37,936	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,364,338	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,441,788	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,045,918	BOYAmt
EOY	$2,922,550	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,876,442	BOYAmt
EOY	$2,176,867	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$122,337	BOYAmt
EOY	$163,523	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,018,587	BOYAmt
EOY	$6,467,070	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,319	BOYAmt
EOY	$32,192	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,242,283	BOYAmt
EOY	$1,497,920	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$950,000	BOYAmt
EOY	$950,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,197,602	BOYAmt
EOY	$2,480,112	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,977,791	BOYAmt
EOY	$3,156,221	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$966,913	BOYAmt
EOY	$25,562	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$876,281	BOYAmt
EOY	$805,175	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,820,985	BOYAmt
EOY	$3,986,958	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,018,587	BOYAmt
EOY	$6,467,070	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$375,283	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$458,744	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
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

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$876,281	BeginningYearBalanceAmt
Contributions	$4,000	ContributionsAmt
Investment Earnings Or Losses	-$44,510	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$10,500	GrantsOrScholarshipsAmt
Other Expenditures	$20,096	OtherExpendituresAmt
End Year Balance	$805,175	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$759,815	BeginningYearBalanceAmt
Contributions	$32,742	ContributionsAmt
Investment Earnings Or Losses	$92,824	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$876,281	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$619,935	BeginningYearBalanceAmt
Contributions	$40,900	ContributionsAmt
Investment Earnings Or Losses	$108,080	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$759,815	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$602,329	BeginningYearBalanceAmt
Contributions	$12,205	ContributionsAmt
Investment Earnings Or Losses	$14,501	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$619,935	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$476,992	BeginningYearBalanceAmt
Contributions	$32,000	ContributionsAmt
Investment Earnings Or Losses	$102,437	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$602,329	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
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	$199,000	OtherCostOrOtherBasisAmt
Book Value	$199,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,682,156	OtherCostOrOtherBasisAmt
Depreciation	$2,039,011	DepreciationAmt
Book Value	$2,643,145	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$247,323	OtherCostOrOtherBasisAmt
Depreciation	$199,550	DepreciationAmt
Book Value	$47,773	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$235,859	OtherCostOrOtherBasisAmt
Depreciation	$203,227	DepreciationAmt
Book Value	$32,632	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,922,550	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$2,177,949	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$458,744	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$458,744	RevenueNotReportedAmt
Revenue Subtotal	$2,636,693	RevenueSubtotalAmt
Investment Expenses Not Incld	$32,638	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$1,930,539	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$1,963,177	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,599,870	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,011,976	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,011,976	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$32,638	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$1,930,539	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$1,963,177	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$4,975,153	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	THE ENDOWMENT CONSISTS OF INDIVIDUAL DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE RESTRICTIONS INCLUDE SCHOLARSHIPS, FACULTY ENRICHMENT AND GENERAL ENDOWMENT.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS GRANTED TO STUDENTS 1,930,539.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS GRANTED TO STUDENTS 1,930,539.

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	0	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	THE SCHOOL DRAWS A SUBSTANIAL PERCENTAGE OF ITS STUDENTS FROM THE NORTHEAST SECTION OF THE NATION. THE SCHOOL FOLLOWS A RACIAL NONDISCRIMINATORY POLICY AND COMPLIES WITH SECTION 4.02	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
SCHOLARSHIPS BASED ON NEED	31	$1,929,989	STANDARD SCHOOL TUITION	TUITION CREDIT
TUITION ASSISTANCE - OTHER	4	$550	STANDARD SCHOOL TUITION	TUITION CREDIT

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	DIANA HITT POTTER, CLERK AND TRUSTEE, IS MOTHER TO HORATIO R. POTTER, TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 11	A COPY OF THE 990 WILL BE DISTRIBUTED TO ALL BOARD MEMBERS FOR APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	EACH DIRECTOR, BOARD MEMBER, OFFICER, EMPLOYEE AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THEY HAVE RECIEVED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON OR MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL INVESTIGATE THE POSSIBLE CONFLICT AND HAS THE AUTHORITY UNDER THE POLICY TO TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.