FRIENDS ACADEMY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDS ACADEMY (EIN 11-1633485)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-15
- IRS object ID
- 201511359349306851
- 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 O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-15T15:10:17-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131517563 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOEB & TROPER LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 THIRD AVENUE 12TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | 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 | 111633485 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRIE | BusinessNameControlTxt |
| Phone | 5166760393 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 DUCK POND ROAD | AddressLine1 |
| City | LOCUST VALLEY | City |
| State | NY | State |
| ZIP Code | 11560 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN MARIE TIDONA | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 5166760393 | PhoneNum |
| Signature | 2015-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ISRAEL TANNENBAUM | PreparerPersonNm |
| PTIN | P01589203 | PTIN |
| Phone | 2128674000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANN MARIE TIDONA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 DUCK POND ROAD | AddressLine1 |
| City | LOCUST VALLEY | City |
| State | NY | State |
| ZIP Code | 11560 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,025,499 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1877 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO OPERATE AN INDEPENDENT ELEMENTARY AND SECONDARY SCHOOL LOCATED ON THE NORTH SHORE OF LONG ISLAND. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 410 | TotalEmployeeCnt |
| Total Volunteers | 210 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,070,303 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,398,017 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,924,273 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,090,017 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,452,724 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,155,490 | CYInvestmentIncomeAmt |
| PY Other Revenue | $347,044 | PYOtherRevenueAmt |
| CY Other Revenue | $339,655 | CYOtherRevenueAmt |
| PY Total Revenue | $27,794,344 | PYTotalRevenueAmt |
| CY Total Revenue | $28,983,179 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,501,086 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,483,004 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,433,058 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $19,483,849 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $871,958 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,231,440 | PYOtherExpensesAmt |
| CY Other Expenses | $7,397,693 | CYOtherExpensesAmt |
| PY Total Expenses | $27,165,584 | PYTotalExpensesAmt |
| CY Total Expenses | $28,364,546 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $628,760 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $618,633 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $86,586,106 | TotalAssetsBOYAmt |
| Total Assets EOY | $92,156,705 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,136,250 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,274,390 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $63,449,856 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $67,882,315 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE SCHOOL'S PHILOSOPHY IS BASED ON THE QUAKER PRINCIPLES OF INTEGRITY, SIMPLICITY, PATIENCE, MODERATION AND PEACEFUL RESOLUTION OF CONFLICT, AND A BELIEF THAT THE SILENCE AND SIMPLE MINISTRY OF THE "GATHERED MEETING" BRINGS THE PRESENCE OF GOD INTO THE MIDST OF BUSY LIVES. FRIENDS IS COMMITTED TO DEVELOPING A DIVERSE COMMUNITY WHOSE MEMBERS VALUE EXCELLENCE IN LEARNING AND GROWTH IN KNOWLEDGE AND SKILL, A GENUINE COMMITMENT TO SERVICE AND ETHICAL ACTION, AND A REALIZATION THAT EVERY LIFE IS TO BE EXPLORED, CELEBRATED AND ENJOYED IN THE SPIRIT OF THE SOCIETY OF FRIENDS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $23,684,989 | ExpenseAmt |
| Grant | $1,483,004 | GrantAmt |
| Revenue | $25,090,017 | RevenueAmt |
| Desc | SEE SCHEDULE OACADEMICS: AS A QUAKER SCHOOL, FRIENDS ENDORSES THE PRINCIPLE THAT ALL STUDENTS HAVE WORTH AND ABILITY, AND OUR ACADEMIC PROGRAM PROVIDES THE OPPORTUNITY FOR EACH STUDENT TO FIND HIS OR HER OWN VOICE AND ACHIEVE EXCELLENCE.CHARACTER EDUCATION: A CENTER PIECE OF OUR PROGRAM IS COMMUNITY SERVICE, ONE OF THE ESSENTIAL QUAKER TESTIMONIES. WE OFFER AGE APPROPRIATE SERVICE OPPORTUNITIES FOR ALL OF OUR STUDENTS AS WE TEACH THEM THAT INDIVIDUALS CAN MAKE A DIFFERENCE IN THE WORLD.COLLEGE PREPARATION: WE ARE COMMITTED TO PREPARING STUDENTS NOT ONLY FOR COLLEGE, BUT ALSO FOR RESPONSIBLE CITIZENSHIP. TO THAT END, BEYOND COMMUNITY SERVICE, WE NURTURE LEADERSHIP, CIVIC RESPONSIBILITY, AND COMMUNITY ESPECIALLY IN TERMS OF EQUALITY AND DIVERSITY. FRIENDS SERVED APPROXIMATELY 780 STUDENTS IN 2014. | Desc |
| Total Program Service Expenses | $23,684,989 | 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 | 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 | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 410 | 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 | 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 | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN MARIE TIDONA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5166760393 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 DUCK POND ROAD | AddressLine1 |
| City | LOCUST VALLEY | City |
| State | NY | State |
| ZIP Code | 11560 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| THOMAS A HAWKINS | |||||||
| CO-PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SCOTT RECHLER | |||||||
| CO-PRESIDENT | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| FRANK INGRASSIA | |||||||
| TREASURER | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CARL ASHKIN | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| PEGGY BRUCIA | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JEFFERY DANIELS | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DEBRA DEL VECCHIO | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN FORTUNA | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| CONCHITA HEFFRON | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH INGRASSIA | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW MENZIN | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH PODBELA | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| VICTORIA QUESADA MOORE | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT ROSENBAUM | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE TSUNIS | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ROBIN WACHTLER | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JOHN CRAIG WHITE | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM G MORRIS JR | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $310,325 | $0 | $33,331 | ||
| ANN MARIE TIDONA | |||||||
| DIRECTOR OF FINANCE | 40.00 | Yes (X) | $203,607 | $0 | $38,368 | ||
| DEBORAH SCHOMAN | |||||||
| US PRINCIPAL/ASSOC. HEAD | 40.00 | $184,969 | $0 | $19,814 | Yes (X) | ||
| NINA WEACHTER | |||||||
| DIR OF ADMISSIONS & FINANC | 40.00 | $126,852 | $0 | $27,167 | Yes (X) | ||
| JAMES MICHALEK | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $139,623 | $0 | $27,854 | Yes (X) | ||
| DEBORAH MCCRIMMON | |||||||
| LS PRINCIPAL | 40.00 | $149,853 | $0 | $14,760 | Yes (X) | ||
| RON BASKIND | |||||||
| DIRECTOR OF STUDENT LIFE | 40.00 | $124,822 | $0 | $34,379 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,240,051 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $195,673 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 27 | 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 |
|---|---|---|---|---|---|
| FLIK INDEPENDENT SCHOOL | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | FOOD SERVICE | $531,169 |
| DELL TRANSPORTATION CORP | |||||
| 20 HAVEN LANE | PORT WASHINGTON | NY | 11050 | TRANSPORTATION | $224,423 |
| LOYAL BUILDING SERVICES | |||||
| 41A DEGNON BLVD | BAY SHORE | NY | 11706 | CUSTODIAL SERVICES | $199,639 |
| COPELAND COATING COMPANY | |||||
| 3600 US ROUTE 20 PO BOX 595 | NASSAU | NY | 12123 | CONSTRUCTION | $191,580 |
| NEWPORT PROFESSIONAL ENG PC | |||||
| 71 W MAIN ST SUITE 6 | OYSTER BAY | NY | 11771 | ENGINEERING | $185,870 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $200,395 | FundraisingAmt |
| All Other Contributions | $2,197,622 | AllOtherContributionsAmt |
| Total Contributions | $2,398,017 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $21,531,763 | $21,531,763 |
| SUMMER PROGRAM INCOME | 611710 | $1,637,890 | $1,637,890 |
| AUXILIARY SERVICES | 611710 | $1,430,096 | $1,430,096 |
| OTHER FEES | 900099 | $490,268 | $490,268 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,090,017 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $293,303 | TotalRevenueColumnAmt |
| Exclusion | $293,303 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,645,925 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,783,738 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $862,187 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $862,187 | TotalRevenueColumnAmt |
| Exclusion | $862,187 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $521,661 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $200,395 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $218,942 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $302,719 | TotalRevenueColumnAmt |
| Exclusion | $302,719 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $76,576 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $39,640 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,936 | TotalRevenueColumnAmt |
| Exclusion | $36,936 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,983,179 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,090,017 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,495,145 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,483,004 | TotalAmt |
| Program Services | $1,483,004 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $668,076 | TotalAmt |
| Management And General | $668,076 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,290,706 | TotalAmt |
| Program Services | $10,513,547 | ProgramServicesAmt |
| Management And General | $1,346,681 | ManagementAndGeneralAmt |
| Fundraising | $430,478 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $631,055 | TotalAmt |
| Program Services | $557,951 | ProgramServicesAmt |
| Management And General | $53,754 | ManagementAndGeneralAmt |
| Fundraising | $19,350 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,955,934 | TotalAmt |
| Program Services | $4,227,120 | ProgramServicesAmt |
| Management And General | $596,209 | ManagementAndGeneralAmt |
| Fundraising | $132,605 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $938,078 | TotalAmt |
| Program Services | $793,358 | ProgramServicesAmt |
| Management And General | $116,250 | ManagementAndGeneralAmt |
| Fundraising | $28,470 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,400 | TotalAmt |
| Management And General | $35,400 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,455 | TotalAmt |
| Management And General | $359,455 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,719 | TotalAmt |
| Program Services | $89,685 | ProgramServicesAmt |
| Management And General | $92,250 | ManagementAndGeneralAmt |
| Fundraising | $48,784 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,883 | TotalAmt |
| Program Services | $80,255 | ProgramServicesAmt |
| Management And General | $1,503 | ManagementAndGeneralAmt |
| Fundraising | $5,125 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,902 | TotalAmt |
| Program Services | $186,786 | ProgramServicesAmt |
| Management And General | $88,790 | ManagementAndGeneralAmt |
| Fundraising | $88,326 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,160 | TotalAmt |
| Program Services | $282,160 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,593,586 | TotalAmt |
| Program Services | $1,473,551 | ProgramServicesAmt |
| Management And General | $66,780 | ManagementAndGeneralAmt |
| Fundraising | $53,255 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $517,258 | TotalAmt |
| Program Services | $517,258 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $477,493 | TotalAmt |
| Program Services | $407,450 | ProgramServicesAmt |
| Management And General | $12,458 | ManagementAndGeneralAmt |
| Fundraising | $57,585 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,007 | TotalAmt |
| Management And General | $291,007 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,217,038 | TotalAmt |
| Program Services | $1,160,195 | ProgramServicesAmt |
| Management And General | $56,843 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,772 | TotalAmt |
| Program Services | $289,654 | ProgramServicesAmt |
| Management And General | $10,138 | ManagementAndGeneralAmt |
| Fundraising | $7,980 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CLASSROOM INSTRUCTION | $791,516 | $791,516 | |
| FOOD SERVICE | $541,247 | $541,247 | |
| CAPITAL SPENDING | $301,857 | $289,852 | $12,005 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400 | TotalAmt |
| Program Services | $400 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,364,546 | TotalAmt |
| Program Services | $23,684,989 | ProgramServicesAmt |
| Management And General | $3,807,599 | ManagementAndGeneralAmt |
| Fundraising | $871,958 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | Yes (X) | JointCostsInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,045,244 | BOYAmt |
| EOY | $7,507,371 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,455,581 | BOYAmt |
| EOY | $36,836 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $795,028 | BOYAmt |
| EOY | $283,238 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,920 | BOYAmt |
| EOY | $276,572 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,210 | BOYAmt |
| EOY | $61,433 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,156 | BOYAmt |
| EOY | $443,816 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $58,086,147 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,804,008 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,183,587 | BOYAmt |
| EOY | $40,282,139 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,572,631 | BOYAmt |
| EOY | $16,183,497 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,932,900 | BOYAmt |
| EOY | $26,958,304 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,849 | BOYAmt |
| EOY | $123,499 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,586,106 | BOYAmt |
| EOY | $92,156,705 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,468,809 | BOYAmt |
| EOY | $1,563,843 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,541,028 | BOYAmt |
| EOY | $4,475,033 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,197,033 | BOYAmt |
| EOY | $5,983,352 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,929,380 | BOYAmt |
| EOY | $12,252,162 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,136,250 | BOYAmt |
| EOY | $24,274,390 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,627,097 | BOYAmt |
| EOY | $65,645,848 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $854,373 | BOYAmt |
| EOY | $1,021,240 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $968,386 | BOYAmt |
| EOY | $1,215,227 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,449,856 | BOYAmt |
| EOY | $67,882,315 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,586,106 | BOYAmt |
| EOY | $92,156,705 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $618,633 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,424,085 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$610,259 | 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 | 0 | 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 | $35,607,464 | BeginningYearBalanceAmt |
| Contributions | $5,527,241 | ContributionsAmt |
| Investment Earnings Or Losses | $5,188,705 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,208,000 | OtherExpendituresAmt |
| End Year Balance | $45,115,410 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,985,316 | BeginningYearBalanceAmt |
| Contributions | $525,779 | ContributionsAmt |
| Investment Earnings Or Losses | $4,271,369 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,175,000 | OtherExpendituresAmt |
| End Year Balance | $35,607,464 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,459,945 | BeginningYearBalanceAmt |
| Contributions | $1,270,485 | ContributionsAmt |
| Investment Earnings Or Losses | -$594,114 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,151,000 | OtherExpendituresAmt |
| End Year Balance | $31,985,316 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,628,143 | BeginningYearBalanceAmt |
| Contributions | $627,375 | ContributionsAmt |
| Investment Earnings Or Losses | $4,287,427 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,083,000 | OtherExpendituresAmt |
| End Year Balance | $32,459,945 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,450,234 | BeginningYearBalanceAmt |
| Contributions | $724,450 | ContributionsAmt |
| Investment Earnings Or Losses | $2,714,459 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,261,000 | OtherExpendituresAmt |
| End Year Balance | $28,628,143 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.97000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.02000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01000 | 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 | $961,346 | OtherCostOrOtherBasisAmt |
| Book Value | $961,346 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $52,647,498 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,042,384 | DepreciationAmt |
| Book Value | $37,605,114 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,874,523 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,832,000 | DepreciationAmt |
| Book Value | $1,042,523 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,602,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $929,624 | DepreciationAmt |
| Book Value | $673,156 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,282,139 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $21,819,411 | F |
| LIMITED PARTNERSHIPS | $5,138,893 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $26,958,304 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | POSTRETIREMENT BENEFITS PAYABLE | Desc |
| Amt | $12,252,162 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,252,162 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $30,994,186 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,424,085 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$969,714 | OtherRevenueAmt |
| Revenue Not Reported | $3,454,371 | RevenueNotReportedAmt |
| Revenue Subtotal | $27,539,815 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,443,364 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,443,364 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $28,983,179 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,561,727 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$359,455 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$359,455 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,921,182 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,443,364 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,443,364 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $28,364,546 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE DONOR RESTRICTED ENDOWMENT FUND ASSETS ARE TO BE HELD IN PERPETUITY. THE INCOME FROM THE ASSETS ARE USED TO SUPPORT THE ACADEMY'S GENERAL ACTIVITIES. |
| PART X, LINE 2: | THE ACADEMY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INVESTMENT FEES -359,455. POSTRETIREMENT BENEFIT ADJUSTMENT -610,259. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP - FINANCIAL AID 1,483,004. BOOK STORE EXPENSES -39,640. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | INVESTMENT FEES -359,455. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP - FINANCIAL AID 1,483,004. BOOK STORE EXPENSES -39,640. |
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 | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY THROUGH ADVERTISEMENTS IN LOCAL NEWSPAPERS. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVES FUNDS FROM THE CITY OF GLEN COVE AS A REIMBURSEMENT FOR LIBRARY BOOKS AND COMPUTER SOFTWARE PURCHASES AS WELL AS AID MONIES FROM NEW YORK STATE FOR TAKING DAILY ATTENDANCE BASED ON THE NUMBER OF STUDENTS ENROLLED. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| NORTH AMERICA | 0 | 0 | INVESTMENTS | $7,395,355 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $2,761,552 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | INVESTMENTS | $4,298,115 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $2,569,145 |
| 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 | $17,024,167 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $17,024,167 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1Amt |
| Gross Receipts Event1 | $542,635 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $195,270 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $347,365 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $50,030 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $45,217 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | FALL FAIR | NameOfEvent2Amt |
| Gross Receipts Event2 | $106,791 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $5,125 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $101,666 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $80,071 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $72,630 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $72,630 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $43,624 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $722,056 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $200,395 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $521,661 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $50,030 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $168,912 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $218,942 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $302,719 | 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 | FINANCIAL AID | GrantTypeTxt |
| Recipient | 85 | RecipientCnt |
| Cash Grant | $1,483,004 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, PART III | FormAndLineReferenceDesc |
| Explanation | FRIENDS ACADEMY MAKES EVERY EFFORT TO ENSURE THAT EVERY STUDENT WHO WISHES TO ENROLL AND OR CURRENTLY ATTENDS HAS THE FINANCIAL ABILITY TO DO SO. THEREFORE, ONCE A STUDENT HAS BEEN ACCEPTED FOR ADMISSION, THE FINANCIAL AID COMMITTEE DETERMINES AWARDS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| 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 |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM G MORRIS JR | ||||||||||||||
| HEAD OF SCHOOL | $306,854 | $0 | $0 | $0 | $3,471 | $0 | $15,600 | $0 | $17,731 | $0 | $343,656 | $0 | $0 | $0 |
| ANN MARIE TIDONA | ||||||||||||||
| DIRECTOR OF FINANCE | $203,331 | $0 | $0 | $0 | $276 | $0 | $15,904 | $0 | $22,464 | $0 | $241,975 | $0 | $0 | $0 |
| DEBORAH SCHOMAN | ||||||||||||||
| US PRINCIPAL/ASSOC. HEAD | $184,259 | $0 | $0 | $0 | $710 | $0 | $18,497 | $0 | $1,317 | $0 | $204,783 | $0 | $0 | $0 |
| NINA WEACHTER | ||||||||||||||
| DIR OF ADMISSIONS & FINANC | $126,751 | $0 | $0 | $0 | $101 | $0 | $5,262 | $0 | $21,905 | $0 | $154,019 | $0 | $0 | $0 |
| JAMES MICHALEK | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $139,351 | $0 | $0 | $0 | $272 | $0 | $5,837 | $0 | $22,017 | $0 | $167,477 | $0 | $0 | $0 |
| DEBORAH MCCRIMMON | ||||||||||||||
| LS PRINCIPAL | $149,094 | $0 | $0 | $0 | $759 | $0 | $5,994 | $0 | $8,766 | $0 | $164,613 | $0 | $0 | $0 |
| RON BASKIND | ||||||||||||||
| DIRECTOR OF STUDENT LIFE | $124,401 | $0 | $0 | $0 | $421 | $0 | $12,482 | $0 | $21,897 | $0 | $159,201 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE HEAD OF SCHOOL HAS A DISCRETIONARY SPENDING ACCOUNT IN THE AMOUNT OF FIVE THOUSAND DOLLARS TO BE USED AT THE HEAD'S DISCRETION TO FURTHER THE ACTIVITIES OF THE SCHOOL. ADDITIONALLY, THE HEAD OF SCHOOL AS PART OF HIS EMPLOYMENT CONTRACT IS PROVIDED WITH MANDATORY ON-CAMPUS HOUSING AS WELL AS HOUSEKEEPING SERVICES. THESE ARE NONTAXABLE BENEFITS. | ExplanationTxt |
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 | DORMITORY AUTHORITY OF THE STATE OF NEW YORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 146000293 | BondIssuerEIN |
| CUSIP | NONEAVAIL | CUSIPNum |
| Bond Issued | 2010-01-25 | BondIssuedDt |
| Issue Price | $6,500,000 | IssuePriceAmt |
| Purpose | RENOVATION OF THE LOWER SCHOOL | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $6,500,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $95,946 | IssuanceCostsFromProceedsAmt |
| Substantial Completion | 2010 | SubstantialCompletionYr |
| Current Refunding | 0 | 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 | Yes (1) | 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 O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | FRANK INGRASSIA AND ELIZABETH INGRASSIA HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF TRUSTEES RECEIVE AN ELECTRONIC FORM OF THE FINAL 990. THE TRUSTEES REVIEW THE INFORMATION ON THEIR OWN AND ARE ASKED TO DIRECT ANY QUESTIONS TO THE HEAD OF THE SCHOOL AND DIRECTOR OF FINANCE. THE 990 IS DISCUSSED AT A BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | FRIENDS ACADEMY MONITORS AND ENFORCES A CONFLICT OF INTEREST POLICY. THE POLICY CLEARLY IDENTIFIES AREAS OF POTENTIAL CONFLICT, REVIEW PROCEDURES, AND DISCLOSURE RESPONSIBILITIES. THE POLICY IS REVIEWED ANNUALLY AND EACH TRUSTEE AND OFFICER IS REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE POLICY CLEARLY STATES THAT WHERE A POTENTIAL CONFLICT OF INTEREST EXISTS, IT SHALL BE THE RESPONSIBILITY OF THE PERSON INVOLVED TO NOTIFY THE BOARD OF TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT THE BOARD OF TRUSTEES CAN PROVIDE GUIDANCE AND TAKE APPROPRIATE ACTION. AN OFFICER OR TRUSTEE WHO HAS A POTENTIAL CONFLICT OF INTEREST IN A DECISION-MAKING PROCESS SHALL RECUSE HIMSELF OR HERSELF FROM THE DECISION-MAKING PROCESS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMMITTEE ON COMPENSATION AND CONFLICTS CONSISTING OF FOUR BOARD MEMBERS HAVE THE AUTHORITY TO FIX THE HEAD OF SCHOOL'S SALARY. REASONABLE COMPENSATION IS DETERMINED BASED UPON PERFORMANCE AND COMPARISON OF COMPARABLE INSTITUTIONS. THIS PROCESS WAS LAST PERFORMED DURING FISCAL YEAR 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | POST-RETIREMENT MEDICAL BENEFITS PLAN ADJUSTMENT -610,259. |
| FORM 990, PART XI, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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