PACE ACADEMY INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- PACE ACADEMY INC (EIN 58-0706812)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-05
- IRS object ID
- 201511259349300906
- Schema version
- 2013v4.0
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-05T08:47:42-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581729751 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Metcalf Davis CPAs | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3340 Peachtree Road NE Suite 2600 | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 303261089 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580706812 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pace Academy Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PACE | BusinessNameControlTxt |
| Phone | 4042621345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 West Paces Ferry Road NW | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 303272648 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Frederick G Assaf | PersonNm |
| Person Title | Head of School | PersonTitleTxt |
| Phone | 4042621345 | PhoneNum |
| Signature | 2015-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Arthur H Metcalf II | PreparerPersonNm |
| PTIN | P00279386 | PTIN |
| Phone | 4042641700 | PhoneNum |
| Preparation | 2015-05-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Frederick G Assaf | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 West Paces Ferry Road NW | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 303272648 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $50,876,068 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.paceacademy.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1958 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | Pace Academy is a pre-first through 12th grade college preparatory independent school in Atlanta, Georgia. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 409 | TotalEmployeeCnt |
| Total Volunteers | 1000 | TotalVolunteersCnt |
| Total Gross UBI | $125,152 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $69,747 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,222,862 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,633,353 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $25,430,484 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,988,383 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,637,408 | PYInvestmentIncomeAmt |
| CY Investment Income | $598,789 | CYInvestmentIncomeAmt |
| PY Other Revenue | $152,733 | PYOtherRevenueAmt |
| CY Other Revenue | $192,936 | CYOtherRevenueAmt |
| PY Total Revenue | $39,443,487 | PYTotalRevenueAmt |
| CY Total Revenue | $34,413,461 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,241,414 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,328,369 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,431,432 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,672,358 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $783,981 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,510,188 | PYOtherExpensesAmt |
| CY Other Expenses | $9,420,614 | CYOtherExpensesAmt |
| PY Total Expenses | $27,183,034 | PYTotalExpensesAmt |
| CY Total Expenses | $27,421,341 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $12,260,453 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,992,120 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $144,411,223 | TotalAssetsBOYAmt |
| Total Assets EOY | $159,524,052 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $40,173,263 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $44,179,618 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $104,237,960 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $115,344,434 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Our mission is to create prepared, confident citizens of the world who honor the values and legacy of Pace Academy. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,822,033 | ExpenseAmt |
| Grant | $1,328,369 | GrantAmt |
| Revenue | $24,306,517 | RevenueAmt |
| Desc | Instruction- Pace Academy was established in 1958 as an independent college preparatory coeducational day school. For the 2013-2014 school year Pace had an enrollment of 1,084 students in pre-first through 12th grades. The student teacher ratio was 9:1 with a class size on average of 15 students. Pace is recognized as a "Leading Edge School" by the National Association of Independent Schools. The faculty average years of experience is 16, with an average of nine years at Pace Academy. Eighty percent of Upper School faculty holds graduate degrees, while 16 percent hold doctorates. One hundred percent of seniors were enrolled in at least one advanced placement course, and the average SAT score of Pace students was 1300+. The graduating class of 2014 totaled 107 students who are attending 53 different colleges and universities in the United States and Europe. The class of 2014 included three National Merit Scholars and two National Achievement Scholars.During the year, Pace Academy continued construction of a new state of the art Upper School that will be available to teachers and students beginning in the 2014-2015 school year. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,095,881 | ExpenseAmt |
| Revenue | $1,144,888 | RevenueAmt |
| Desc | Summer Programs and Global Education - Pace Summer Programs offered multiple academic, sports and other specialty camps to Pace students and the Pace extended community. Summer Programs offered activities for all ages including Pace Camp, leadership camp, basketball and football camp, drivers education, cooking camp, art camp, chess camp, robotics camp and others. During 2013, approximately 1,000 students participated in Summer Programs, the largest of which, Pace Camp, had approximately 600 participants. Additionally, holiday camp occurs every year during the winter break and specialty programs were offered during the year including tutoring and chess.In 2013-2014 the Pace Adventures and Global Education program consisted of approximately 20 trips to countries throught the world, including the US, Europe, South America and the Middle East. The Global Education program was founded in 2009 to help accomplish Pace's mission to create prepared, confident citizens of the world. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,901,743 | ExpenseAmt |
| Revenue | $526,628 | RevenueAmt |
| Desc | Student Activities - The Pace athletics program consistently produces championship teams and athletes, and 85 percent of Middle and Upper School students play on at least one team. Pace holds more than 55 state championships, including the 2013 girls cross country state championship, and graduates go on to play at the college and professional level. Additionally, during the year, the girls soccer team advanced to the state championship game for the ninth time. The Pace main campus and two satellite complexes include a state-of-the-art gymnasium, natatorium, indoor walking track, gymnastic and wrestling facility, basesball and softball fields, tennis courts, wellness center, athletic practice fields, multi-purpose fields for football, soccer and lacrosse, and a field house. Over 30 years the Pace debate program has grown into a nationally recognized program with a long-standing history of excellence, and students that advance to the national debate tournaments each year. During 2013, Pace won the National Debate Coaches Association National Championship. The Pace arts program offers a unique variety of performing and visual arts for students to particiapte in, and boasts a world class Fine Arts Center. Upper School students are required to complete service learning. During 2013, 9,000 hours of service were performed by Pace students last year. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $22,819,657 | 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 | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | 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 | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 100 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 409 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | 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 | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jean W Held | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4042621345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 West Paces Ferry Road | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 30327 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 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 |
|---|---|---|---|---|---|---|---|
| Timothy J Walsh | |||||||
| Chairman of Board | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert Sheft | |||||||
| Vice Chairman of the Board | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth Correll Richards | |||||||
| Secretary of the Board | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Thomas A Bethel | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dr Charles L Brown III | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Bruce Carroll | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Laurie Ann Goldman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Bonnie P Harris | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| James W Howard Jr | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John S Inman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Alexander J Johnson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Gregory C Kelly | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| William M Lellyett | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark E Luetters | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Daron G Pair | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth A Price | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Randall D Quintrell | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jeff Seabright | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Rebecca S Shepherd | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jeffrey S Sloan | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| William D Smith Jr | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Natasha Swann | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| William G Thurman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Frederick G Assaf | |||||||
| Head of School | 40.00 | $651,160 | $0 | $97,438 | Yes (X) | ||
| Jean Held | |||||||
| Chief Financial Officer | 40.00 | $137,030 | $0 | $18,080 | Yes (X) | ||
| Kristin Palmerton | |||||||
| Athletic Director | 40.00 | $131,287 | $0 | $51,840 | Yes (X) | ||
| Anna Valerius | |||||||
| Head of Lower School | 40.00 | $121,114 | $0 | $15,978 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,040,591 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $183,336 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| New South Construction Company Inc | |||||
| PO Box 77616 | Atlanta | GA | 30357 | Construction contractor | $13,798,668 |
| Sage Dining Services Inc | |||||
| 1402 York Road Suite 100 | Lutherville | MD | 21093 | Food service | $918,284 |
| TurnerBoone Contract | |||||
| 1320 Ellsworth Industrial Blvd Ste | Atlanta | GA | 30318 | Interior design services | $519,142 |
| Mobile Modular Management Corp | |||||
| PO Box 45043 | San Francisco | CA | 94145 | Modular construction | $498,890 |
| Total Janitorial Care Services | |||||
| 4467 Newport View Court | Lilburn | GA | 30047 | Janitorial services | $304,050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $47,345 | FundraisingAmt |
| Related Organizations | $804,697 | RelatedOrganizationsAmt |
| All Other Contributions | $6,781,311 | AllOtherContributionsAmt |
| Noncash Contributions | $767,030 | NoncashContributionsAmt |
| Total Contributions | $7,633,353 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Tuition and fees | 611710 | $24,306,517 | $24,306,517 | |
| Summer Program | 611710 | $1,144,888 | $1,144,888 | |
| Other | 611710 | $275,470 | $265,120 | $10,350 |
| Parent organization | 611710 | $261,508 | $261,508 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,988,383 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $926,543 | TotalRevenueColumnAmt |
| Exclusion | $926,543 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $114,802 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $114,802 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,802 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $114,802 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,958,652 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,269,050 | SecuritiesAmt |
| Other | $17,356 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$310,398 | SecuritiesAmt |
| Other | -$17,356 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$327,754 | TotalRevenueColumnAmt |
| Exclusion | -$327,754 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $47,044 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $47,345 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $51,692 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,648 | TotalRevenueColumnAmt |
| Exclusion | -$4,648 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $207,291 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $124,509 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,782 | TotalRevenueColumnAmt |
| Exclusion | $82,782 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,413,461 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,978,033 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $125,152 | UnrelatedBusinessRevenueAmt |
| Exclusion | $676,923 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,328,369 | TotalAmt |
| Program Services | $1,328,369 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,377,256 | TotalAmt |
| Program Services | $232,069 | ProgramServicesAmt |
| Management And General | $870,135 | ManagementAndGeneralAmt |
| Fundraising | $275,052 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,070,790 | TotalAmt |
| Program Services | $10,792,696 | ProgramServicesAmt |
| Management And General | $1,058,994 | ManagementAndGeneralAmt |
| Fundraising | $219,100 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $729,868 | TotalAmt |
| Program Services | $660,833 | ProgramServicesAmt |
| Management And General | $56,980 | ManagementAndGeneralAmt |
| Fundraising | $12,055 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,589,738 | TotalAmt |
| Program Services | $1,167,465 | ProgramServicesAmt |
| Management And General | $395,107 | ManagementAndGeneralAmt |
| Fundraising | $27,166 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $904,706 | TotalAmt |
| Program Services | $757,088 | ProgramServicesAmt |
| Management And General | $115,867 | ManagementAndGeneralAmt |
| Fundraising | $31,751 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,980 | TotalAmt |
| Management And General | $32,980 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,792 | TotalAmt |
| Management And General | $40,792 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,000 | TotalAmt |
| Management And General | $79,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,294 | TotalAmt |
| Management And General | $35,049 | ManagementAndGeneralAmt |
| Fundraising | $3,245 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,408 | TotalAmt |
| Program Services | $41,088 | ProgramServicesAmt |
| Management And General | $135,958 | ManagementAndGeneralAmt |
| Fundraising | $69,362 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,926,191 | TotalAmt |
| Program Services | $1,711,334 | ProgramServicesAmt |
| Management And General | $197,034 | ManagementAndGeneralAmt |
| Fundraising | $17,823 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,198 | TotalAmt |
| Program Services | $274,620 | ProgramServicesAmt |
| Management And General | $41,323 | ManagementAndGeneralAmt |
| Fundraising | $8,255 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,956 | TotalAmt |
| Management And General | $2,956 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,507 | TotalAmt |
| Program Services | $218,286 | ProgramServicesAmt |
| Management And General | $4,967 | ManagementAndGeneralAmt |
| Fundraising | $254 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,473 | TotalAmt |
| Program Services | $104,292 | ProgramServicesAmt |
| Management And General | $32,845 | ManagementAndGeneralAmt |
| Fundraising | $8,336 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,144 | TotalAmt |
| Program Services | $61,829 | ProgramServicesAmt |
| Management And General | $5,056 | ManagementAndGeneralAmt |
| Fundraising | $259 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,973,093 | TotalAmt |
| Program Services | $1,816,924 | ProgramServicesAmt |
| Management And General | $148,573 | ManagementAndGeneralAmt |
| Fundraising | $7,596 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,417 | TotalAmt |
| Program Services | $14,115 | ProgramServicesAmt |
| Management And General | $141,302 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Student Activities | $1,408,110 | $1,381,585 | $26,525 | $0 |
| Transition and capital | $881,322 | $849,376 | $0 | $31,946 |
| Dining | $743,582 | $729,201 | $11,064 | $3,317 |
| Library, textbooks, and | $274,417 | $274,417 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $857,730 | TotalAmt |
| Program Services | $404,070 | ProgramServicesAmt |
| Management And General | $385,196 | ManagementAndGeneralAmt |
| Fundraising | $68,464 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,421,341 | TotalAmt |
| Program Services | $22,819,657 | ProgramServicesAmt |
| Management And General | $3,817,703 | ManagementAndGeneralAmt |
| Fundraising | $783,981 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,931,461 | BOYAmt |
| EOY | $17,689,053 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,818,114 | BOYAmt |
| EOY | $5,450,255 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,751,890 | BOYAmt |
| EOY | $11,460,868 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,957,139 | BOYAmt |
| EOY | $4,364,956 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,681 | BOYAmt |
| EOY | $30,616 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,299,422 | BOYAmt |
| EOY | $1,219,753 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $91,005,003 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,804,912 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,423,620 | BOYAmt |
| EOY | $70,200,091 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,159,759 | BOYAmt |
| EOY | $21,790,500 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,554,545 | BOYAmt |
| EOY | $26,967,502 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $478,592 | BOYAmt |
| EOY | $350,458 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,411,223 | BOYAmt |
| EOY | $159,524,052 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,910,498 | BOYAmt |
| EOY | $6,135,724 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,931,468 | BOYAmt |
| EOY | $15,738,059 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,100,000 | BOYAmt |
| EOY | $22,100,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $50,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,297 | BOYAmt |
| EOY | $155,835 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,173,263 | BOYAmt |
| EOY | $44,179,618 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,838,097 | BOYAmt |
| EOY | $85,637,582 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,944,115 | BOYAmt |
| EOY | $23,688,633 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,455,748 | BOYAmt |
| EOY | $6,018,219 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,237,960 | BOYAmt |
| EOY | $115,344,434 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,411,223 | BOYAmt |
| EOY | $159,524,052 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,992,120 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,229,354 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$115,000 | 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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $64,542,033 | BeginningYearBalanceAmt |
| Contributions | $1,619,221 | ContributionsAmt |
| Investment Earnings Or Losses | $4,761,922 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $22,086,174 | OtherExpendituresAmt |
| Administrative Expenses | $79,000 | AdministrativeExpensesAmt |
| End Year Balance | $48,758,002 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $55,275,811 | BeginningYearBalanceAmt |
| Contributions | $9,478,000 | ContributionsAmt |
| Investment Earnings Or Losses | $2,183,138 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,321,248 | OtherExpendituresAmt |
| Administrative Expenses | $73,668 | AdministrativeExpensesAmt |
| End Year Balance | $64,542,033 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,349,816 | BeginningYearBalanceAmt |
| Contributions | $10,589,712 | ContributionsAmt |
| Investment Earnings Or Losses | $286,935 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $823,652 | OtherExpendituresAmt |
| Administrative Expenses | $127,000 | AdministrativeExpensesAmt |
| End Year Balance | $55,275,811 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,234,145 | BeginningYearBalanceAmt |
| Contributions | $1,055,189 | ContributionsAmt |
| Investment Earnings Or Losses | $3,459,720 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $266,302 | OtherExpendituresAmt |
| Administrative Expenses | $132,936 | AdministrativeExpensesAmt |
| End Year Balance | $45,349,816 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,323,036 | BeginningYearBalanceAmt |
| Contributions | $1,636,939 | ContributionsAmt |
| Investment Earnings Or Losses | $3,606,270 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,332,100 | OtherExpendituresAmt |
| End Year Balance | $41,234,145 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.84250 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.12310 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03440 | 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 | $8,529,315 | OtherCostOrOtherBasisAmt |
| Book Value | $8,529,315 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,117,473 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,661,321 | DepreciationAmt |
| Book Value | $34,456,152 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,804,883 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,892,054 | DepreciationAmt |
| Book Value | $3,912,829 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,941,870 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,145,830 | DepreciationAmt |
| Book Value | $796,040 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,611,462 | OtherCostOrOtherBasisAmt |
| Depreciation | $105,707 | DepreciationAmt |
| Book Value | $22,505,755 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $70,200,091 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Alternative investments | $5,205,557 | F |
| Fixed income funds | $21,761,945 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $26,967,502 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Agency Accounts | Desc |
| Amt | $155,835 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $155,835 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $36,378,196 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,229,354 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$152,129 | OtherRevenueAmt |
| Revenue Not Reported | $4,077,225 | RevenueNotReportedAmt |
| Revenue Subtotal | $32,300,971 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $79,000 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $2,033,490 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,112,490 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $34,413,461 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,271,722 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $176,201 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $176,201 | ExpensesNotReportedAmt |
| Expenses Subtotal | $25,095,521 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $79,000 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,246,820 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,325,820 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $27,421,341 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | Endowments consists of approximately 29 donor-restricted endowment funds established for various purposes including scholarships and financial aid, faculty development and specific programs and activities of Pace. The endowment also includes Board designated endowment funds for various purposes such as long-term investment, PPRRSM and growth of the quasi-endowment. |
| Part X, Line 2: | Pace follows the guidance related to accounting for uncertainties in income taxes, which prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken. Management does not believe Pace has any significant tax uncertainties at June 30, 2014 and 2013. Pace's tax returns are subject to review and examination by federal and state authorities. Tax returns for the fiscal years ended June 30, 2011, 2012 and 2013 are open to examination by federal and state authorities, and in certain circumstances the statute of limitations may remain open indefinitely. |
| Part XI, Line 2d - Other Adjustments: | Interest rate swap -115,000. Expenses netted with gifts in kind -37,129. |
| Part XI, Line 4b - Other Adjustments: | Financial aid deducted from revenues on financial statements 1,328,369. Campus store cost of sales -124,509. Fund raising direct expenses -51,692. Transition and capital campaign costs 881,322. Rental expenses |
| Part XII, Line 2d - Other Adjustments: | Campus store cost of sales 124,509. Fund raising direct expenses 51,692. Rental expenses |
| Part XII, Line 4b - Other Adjustments: | Financial aid deducted from revenues on financial statements 1,328,369. Transition and capital campaign costs 881,322. Expenses netted with gifts in kind 37,129. |
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 | Student applications and Student Handbook as well as employee communications contain information related to the School's nondiscriminatory policies. In addition, the policy is on the School's website and published in the local newspaper. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Program services | Study abroad | $137,808 |
| East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, | Program services | Study abroad | $68,400 |
| Sub-Saharan Africa | Program services | Study abroad | $120,037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $326,245 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $326,245 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | Actual costs of providing travel and related costs. | 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 |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Booster Bash | NameOfEvent1Amt |
| Gross Receipts Event1 | $37,970 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $16,645 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $21,325 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $11,066 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $5,608 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $10,994 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | Pace Race | NameOfEvent2Amt |
| Gross Receipts Event2 | $29,465 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $18,150 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $11,315 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $3,678 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $1,762 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $444 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $170 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $1,787 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $25,554 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $11,380 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $14,174 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $4,316 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $1,750 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $6,435 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,979 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $92,989 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $46,175 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $46,814 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $19,060 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $3,512 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $12,487 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $170 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $15,760 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $50,989 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$4,175 | NetIncomeSummaryAmt |
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 | Need based financial assistance aid to students as a reduction in tuition. | GrantTypeTxt |
| Recipient | 104 | RecipientCnt |
| Non Cash Assistance | $1,328,369 | NonCashAssistanceAmt |
| Valuation Method Used | Amount of reduction in tuition amount. | ValuationMethodUsedDesc |
| Non Cash Assistance | The non-cash financial aid is a reduction in tuition costs to the student determined on a need basis. | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Frederick G Assaf | ||||||||||||||
| Head of School | $377,000 | $0 | $25,000 | $0 | $249,160 | $0 | $24,120 | $0 | $73,318 | $0 | $748,598 | $0 | $0 | $0 |
| Jean Held | ||||||||||||||
| Chief Financial Officer | $131,834 | $0 | $5,000 | $0 | $196 | $0 | $11,389 | $0 | $6,691 | $0 | $155,110 | $0 | $0 | $0 |
| Kristin Palmerton | ||||||||||||||
| Athletic Director | $131,091 | $0 | $0 | $0 | $196 | $0 | $9,192 | $0 | $42,648 | $0 | $183,127 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Part I, line 1a, Tax indemnification and gross-up payments. The Head of School has income reported to him for the amount of tuition remission he receives along with the corresponding amount of related income tax. Part I, line 1a, Personal services. Cleaning services are provided for the Head of School's residence. Part I, line 1a. Housing. As a condition of employment and for the conveniences of the School, the Head of School is required to reside in campus housing. Based on the facts and circumstances of the requirments of his respective role and responsibilities, it is the opinion of the School that the housing costs is non-taxable to the Head of School. Section 119 of the Internal Revenue Code is reviewed annually to determine the applicability and compliance with this section. |
| Part I, Line 3 | The Compensation Committee (Board Chair, Board Vice-Chair, and Finance Committee Chairman) reviews salaries from other peer independent schools, reports from the National Association of Independent Schools, and other sources in developing compensation for the Head of School. Substantiation is contemporaneous and given by the Board Chair to the Human Resources Director to keep on file. |
| Part I, Line 4b | Head of School participates in a Section 457(b) plan. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Development Authority of Fulton County | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 581506878 | BondIssuerEIN |
| CUSIP | 359900UQ8 | CUSIPNum |
| Bond Issued | 2008-04-01 | BondIssuedDt |
| Issue Price | $27,000,000 | IssuePriceAmt |
| Purpose | Construction of campus and other related facilities. | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $27,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $387,060 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $26,648,660 | CapitalExpendituresAmt |
| Substantial Completion | 2008 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nancy Quintrell | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Spouse of Trustee Randy Quintrell | RelationshipDescriptionTxt |
| Transaction | $60,923 | TransactionAmt |
| Transaction | Trustee's spouse is a faculty member in the Middle School. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 63 | ContributionCnt |
| Noncash Contributions Rpt F990 | $644,890 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Avg high/low | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Landscape and | 3 | $55,763 | FMV |
| Yes (X) | Electronics | 4 | $28,024 | FMV |
| Yes (X) | Student activ | 7 | $24,652 | FMV |
| Yes (X) | Furniture | 1 | $10,000 | FMV |
| Yes (X) | Various contr | 15 | $4,271 | FMV |
| 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 | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 32b: | The School has gift acceptance and disposition policies in place that were implemented in May 2004. It includes a Committee charged with complying with the applicable laws and regulations. Acceptance authority for publicly traded securities, quid pro quo contributions, mutual fund shares, closely held securities, tangible personal property, real estate, and life insurance policies are specifically identified for special rules. |
| Part I, Line 33: | Immaterial and minor amounts of gifts or services or small items are not given any value for recognizing revenues. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | The Audit Commitee of the Board of Trustees reviews the Form 990 as a committee. Once it is approved, a full and complete Government copy is furnished to all Board of Trustee members for their review and approval prior to filing with the Internal Revenue Service. |
| 990, Part VI, Governance, Management, Disclosure, Section C, Number 19 | Governing documents can be accessed through the website for the Secretary of State of Georgia and are readily available. The School's conflict of interest policy and latest audited financial statements are available upon request during business hours from the Business Office with appropriate consideration for time to accumulate to meet such requests. |
| Form 990, Part VI, Section B, line 12c | The Board of Trustees requires that all members complete an annual statement regarding any conflict of interest as defined within the policy statement for conflict of interest. This pledge is to uphaold a duty of confidentiality and avoidance of any confict of interest. |
| Form 990, Part VI, Section B, line 15 | The Board of Trustees has a Compensation Committee that determines executive compensation. The Competition Committee reviews the salary information from other schools based on NAIS, JRPO and other surveys and benchmarks when considering the salaries of the Headmaster (CEO) and the CFO. The Board has final approval for all recommendations of the Compensation Committee. The Board Chair provides contemporaneous documentation to the HR Director which is kept on file. The Headmaster and HR Director review similar information when determining salaries for other key employees. |
| Form 990, Part VI, Section C, line 18 | The Form 990 is available for public inspection during business hours of the School. In addition, the form may be available on the website Guidestar.com. |
| Form 990, Part VI, Section C, line 19 | The information is availbale upon request and made available to the interested parties during business hours of the School during those days that the School is open to students. |
| Form 990, Part XI, line 9: | Interest rate swap -115,000. |
| Form 990, Part XI, Line 2(c) | The School has not changed its policy or procedure related to the audit function. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Knights Riverview LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 West Paces Ferry Rd | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 30327 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | The primary activity is to assist in carrying out the mission of the School. | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pace Academy Inc | BusinessNameLine1 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pace Academy Parents' Club Inc | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 West Paces Ferry Road | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 30327 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582074448 | EIN |
| Primary Activities | Raising money to donate to Pace Academy, Inc. | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 501 (c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 9 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Pace Academy Parents' Club Inc | ||
| C | $804,897 | Sch B contribution |
| Knights Riverview LLC | ||
| K | $2,400 | Lease |
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