THE HUN SCHOOL OF PRINCETON: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- THE HUN SCHOOL OF PRINCETON (EIN 21-0639868)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-07
- IRS object ID
- 201521279349301782
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-07T15:03:18-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWNPC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 331 NEWMAN SPRINGS RD STE 125 | AddressLine1 |
| City | RED BANK | City |
| State | NJ | State |
| ZIP Code | 077016765 | 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 | 210639868 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Hun School of Princeton | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % STEFANIE CONNELL | InCareOfNm |
| Business Name Control | HUNS | BusinessNameControlTxt |
| Phone | 6099217600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 176 EDGERSTOUNE ROAD | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEFANIE CONNELL | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6099217600 | PhoneNum |
| Signature | 2015-04-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WITHUMSMITHBROWN | PreparerPersonNm |
| PTIN | P00579162 | PTIN |
| Phone | 6099217600 | 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 | STEFANIE CONNELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 176 EDGERSTOUNE ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,021,802 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HUNSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1943 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE (SCH. O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 298 | TotalEmployeeCnt |
| Total Volunteers | 110 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,874,712 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,082,929 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $24,749,543 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $26,664,932 | CYProgramServiceRevenueAmt |
| PY Investment Income | $637,826 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,544,770 | CYInvestmentIncomeAmt |
| PY Other Revenue | $414,323 | PYOtherRevenueAmt |
| CY Other Revenue | $374,935 | CYOtherRevenueAmt |
| PY Total Revenue | $27,676,404 | PYTotalRevenueAmt |
| CY Total Revenue | $31,667,566 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,958,767 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,091,632 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,788,519 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,726,940 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,061,559 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,421,534 | PYOtherExpensesAmt |
| CY Other Expenses | $9,438,176 | CYOtherExpensesAmt |
| PY Total Expenses | $28,168,820 | PYTotalExpensesAmt |
| CY Total Expenses | $29,256,748 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$492,416 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,410,818 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $50,961,746 | TotalAssetsBOYAmt |
| Total Assets EOY | $59,249,571 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,828,874 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,756,160 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,132,872 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $30,493,411 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES, HONOR, SERVICE, PERSERVERANCE, RESPONSIBLITY, COMPASSION, RESPECT AND LEADERSHIP. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Activity | 611600 | ActivityCd |
| Expense | $25,338,180 | ExpenseAmt |
| Revenue | $26,664,932 | RevenueAmt |
| Desc | COLLEGE PREPARATORY SECONDARY EDUCATION FOR GRADES SIX THROUGH TWELVE. | Desc |
| Total Program Service Expenses | $25,338,180 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 141 | IRPDocumentCnt |
| IRP Document W2 G | 1 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 298 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEFANIE CONNELL | PersonNm |
| Phone | 6099217600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 176 EDGERSTOUNE ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Other CompensationOtherCompensationAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| PETER E BLACK | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| LYNN M BREEN | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| LESLIE FLORIO | ||||||||
| TREASURER/BOARD MEMBER | 1.0 | Yes (X) | Yes (X) | |||||
| THOMAS GALLAGHER | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| MICHAEL GUADAGNO | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| SHEILAGH MESCAL GUNSTENSEN | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| THOMAS HORWICH | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| KAREN ELLIOT HOUSE | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| HUGH HURLEY | ||||||||
| VP OF THE CORP./BOARD MEMBER | 1.0 | Yes (X) | Yes (X) | |||||
| ERIC HUTCHERSON | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| SANJAY KANNAMBADI | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| JOHN Y KEFFER | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| SCOTT LANDIS | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| ALFRED W LEACH II | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| EDWIN H LLOYD | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| BRIAN C LOGUE | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| SUSAN MICHEL | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| SHERYL PUNIA | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| NICHOLAS SCOZZARI | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| LAURA LEAPER SNOOK | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| KENNETH B STODDARD | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| BARRY SUSSMAN | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| JOHN TUGWELL | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| F KEVIN TYLUS | ||||||||
| PRESIDENT/CHAIRMAN | 1.0 | Yes (X) | Yes (X) | |||||
| THOMAS J VALERI JR | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | ||||||
| ORIN S WILF | ||||||||
| BOARD MEMBER | 1.0 | Yes (X) | $0 | $61,909 | ||||
| JONATHAN G BROUGHAM | ||||||||
| HEADMASTER/VICE PRESIDENT | 40.0 | Yes (X) | $255,838 | $55,317 | $0 | |||
| RICHARD GOLDMAN ESQ | ||||||||
| SECRETARY/COUNSEL | 1.0 | Yes (X) | ||||||
| ANDREW C HAMLIN | ||||||||
| ASST SECRETARY/ASST HEADMASTER | 40.0 | Yes (X) | $178,587 | $30,777 | $0 | |||
| STEFANIE CONNELL | ||||||||
| CFO | 40.0 | Yes (X) | $114,510 | $60,748 | $0 | |||
| WILLIAM R MCQUADE | ||||||||
| ASST. HEAD FOR ADMIN. PROJECTS | 40.0 | $143,601 | $43,921 | $0 | Yes (X) | |||
| KATHARIN KIEFER | ||||||||
| DEAN OF FACULTY | 40.0 | $132,205 | $41,135 | $0 | Yes (X) | |||
| RYAN K HEWS | ||||||||
| HEAD OF UPPER SCHOOL | 40.0 | $126,152 | $26,866 | $0 | Yes (X) | |||
| STEVEN C BRISTOL | ||||||||
| DIRECTOR OF ADMISSIONS | 40.0 | $127,846 | $111,445 | $0 | Yes (X) | |||
| J MICHAEL CHAYKOWSKY | ||||||||
| DIRECTOR OF FACILITIES | 40.0 | $121,565 | $28,988 | Yes (X) | ||||
| RICHARD FLECK | ||||||||
| FORMER ASST SECRETARY/CFO | 40.0 | $126,331 | $15,047 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,326,635 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $476,153 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE BRICKMAN GROUP LTD LLC | |||||
| 3630 SOLUTIONS CENTER | CHICAGO | IL | 606773006 | LANDSCAPING | $288,296 |
| ALLAN INDUSTRIES INC | |||||
| 270 ROUTE 46 EAST SUITE E | ROCKAWAY | NJ | 07866 | CUSTODIAL SERVICES | $259,000 |
| H2L2 ARCHITECTSPLANNERS INC | |||||
| PO BOX 822680 | PHILADELPHIA | PA | 191822680 | ARCHITECTURAL/DESIGN | $284,954 |
| CASCADES CONSTRUCTION LP | |||||
| PO BOX 60597 | PHILADELPHIA | PA | 19145 | CONSTRUCTION | $893,135 |
| COMM SOLUTIONS | |||||
| 140 Quaker Lane | MALVERN | PA | 19355 | IT NETWORK SERVICES | $233,366 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,082,929 | AllOtherContributionsAmt |
| Noncash Contributions | $724,904 | NoncashContributionsAmt |
| Total Contributions | $3,082,929 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $25,304,988 | $25,304,988 |
| STUDENT FEES | 611600 | $145,435 | $145,435 |
| SUMMER TUITION | 611600 | $810,065 | $810,065 |
| OPTIONAL TRIPS | 611600 | $404,444 | $404,444 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $26,664,932 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $427,109 | TotalRevenueColumnAmt |
| Exclusion | $427,109 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $117,362 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $29,893 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $87,469 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,469 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $87,469 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,417,422 | SecuritiesAmt |
| Other | $1,830,140 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,140,207 | SecuritiesAmt |
| Other | $989,694 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $277,215 | SecuritiesAmt |
| Other | $840,446 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,117,661 | TotalRevenueColumnAmt |
| Exclusion | $1,117,661 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $116,714 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $81,652 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,062 | TotalRevenueColumnAmt |
| Exclusion | $35,062 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $9,000 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $30 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,970 | TotalRevenueColumnAmt |
| Exclusion | $8,970 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $202,212 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $112,760 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,452 | TotalRevenueColumnAmt |
| Exclusion | $89,452 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $153,982 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $153,982 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $153,982 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,667,566 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,906,383 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,678,254 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,091,632 | TotalAmt |
| Program Services | $4,091,632 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $781,818 | TotalAmt |
| Program Services | $374,148 | ProgramServicesAmt |
| Management And General | $174,748 | ManagementAndGeneralAmt |
| Fundraising | $232,922 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,099,332 | TotalAmt |
| Program Services | $10,181,263 | ProgramServicesAmt |
| Management And General | $252,451 | ManagementAndGeneralAmt |
| Fundraising | $665,618 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $752,332 | TotalAmt |
| Program Services | $616,912 | ProgramServicesAmt |
| Management And General | $82,757 | ManagementAndGeneralAmt |
| Fundraising | $52,663 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,251,460 | TotalAmt |
| Program Services | $1,846,197 | ProgramServicesAmt |
| Management And General | $247,661 | ManagementAndGeneralAmt |
| Fundraising | $157,602 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $841,998 | TotalAmt |
| Program Services | $690,438 | ProgramServicesAmt |
| Management And General | $92,620 | ManagementAndGeneralAmt |
| Fundraising | $58,940 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,516 | TotalAmt |
| Program Services | $309,931 | ProgramServicesAmt |
| Management And General | $40,264 | ManagementAndGeneralAmt |
| Fundraising | $66,321 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,654 | TotalAmt |
| Program Services | $34,048 | ProgramServicesAmt |
| Management And General | $113,606 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,900,136 | TotalAmt |
| Program Services | $1,598,091 | ProgramServicesAmt |
| Management And General | $87,305 | ManagementAndGeneralAmt |
| Fundraising | $214,740 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,753 | TotalAmt |
| Program Services | $98,233 | ProgramServicesAmt |
| Management And General | $13,151 | ManagementAndGeneralAmt |
| Fundraising | $8,369 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $926,927 | TotalAmt |
| Program Services | $771,304 | ProgramServicesAmt |
| Management And General | $95,103 | ManagementAndGeneralAmt |
| Fundraising | $60,520 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,907 | TotalAmt |
| Program Services | $194,651 | ProgramServicesAmt |
| Management And General | $6,768 | ManagementAndGeneralAmt |
| Fundraising | $19,488 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,868 | TotalAmt |
| Program Services | $82,181 | ProgramServicesAmt |
| Management And General | $1,428 | ManagementAndGeneralAmt |
| Fundraising | $1,259 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $389,435 | TotalAmt |
| Program Services | $319,337 | ProgramServicesAmt |
| Management And General | $42,838 | ManagementAndGeneralAmt |
| Fundraising | $27,260 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,077,505 | TotalAmt |
| Program Services | $1,703,554 | ProgramServicesAmt |
| Management And General | $228,526 | ManagementAndGeneralAmt |
| Fundraising | $145,425 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,208 | TotalAmt |
| Program Services | $18,769 | ProgramServicesAmt |
| Management And General | $165,439 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS & MAINTENANCE | $214,752 | $177,840 | $22,557 | $14,355 |
| FOOD | $598,017 | $598,017 | ||
| CONTRACTED SERVICES | $1,084,166 | $878,931 | $117,894 | $87,341 |
| SPECIAL PROGRAMS | $921,876 | $680,685 | $70,340 | $170,851 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,456 | TotalAmt |
| Program Services | $72,018 | ProgramServicesAmt |
| Management And General | $1,553 | ManagementAndGeneralAmt |
| Fundraising | $77,885 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,256,748 | TotalAmt |
| Program Services | $25,338,180 | ProgramServicesAmt |
| Management And General | $1,857,009 | ManagementAndGeneralAmt |
| Fundraising | $2,061,559 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,432 | BOYAmt |
| EOY | $10,387 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,618,191 | BOYAmt |
| EOY | $6,383,163 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,580,386 | BOYAmt |
| EOY | $2,582,219 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $519,512 | BOYAmt |
| EOY | $566,186 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,038 | BOYAmt |
| EOY | $85,051 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $858,078 | BOYAmt |
| EOY | $753,174 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $46,553,634 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,189,390 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,152,093 | BOYAmt |
| EOY | $23,364,244 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,515,185 | BOYAmt |
| EOY | $18,577,159 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,101 | BOYAmt |
| EOY | $293,876 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,295,730 | BOYAmt |
| EOY | $6,634,112 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,961,746 | BOYAmt |
| EOY | $59,249,571 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,037,719 | BOYAmt |
| EOY | $2,823,591 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,914,636 | BOYAmt |
| EOY | $4,120,970 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,851,613 | BOYAmt |
| EOY | $18,447,864 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,024,906 | BOYAmt |
| EOY | $3,363,735 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,828,874 | BOYAmt |
| EOY | $28,756,160 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,868,063 | BOYAmt |
| EOY | $18,148,225 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,086,160 | BOYAmt |
| EOY | $4,947,166 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,178,649 | BOYAmt |
| EOY | $7,398,020 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,132,872 | BOYAmt |
| EOY | $30,493,411 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,961,746 | BOYAmt |
| EOY | $59,249,571 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,410,818 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,925,308 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $24,413 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,321,319 | BeginningYearBalanceAmt |
| Contributions | $1,583,316 | ContributionsAmt |
| Investment Earnings Or Losses | $2,115,225 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $553,235 | OtherExpendituresAmt |
| Administrative Expenses | $116,113 | AdministrativeExpensesAmt |
| End Year Balance | $15,350,512 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,647,883 | BeginningYearBalanceAmt |
| Contributions | $248,568 | ContributionsAmt |
| Investment Earnings Or Losses | $1,159,459 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $644,803 | OtherExpendituresAmt |
| Administrative Expenses | $89,788 | AdministrativeExpensesAmt |
| End Year Balance | $12,321,319 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,339,639 | BeginningYearBalanceAmt |
| Contributions | $145,716 | ContributionsAmt |
| Investment Earnings Or Losses | $254,901 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $92,373 | AdministrativeExpensesAmt |
| End Year Balance | $11,647,883 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,055,746 | BeginningYearBalanceAmt |
| Contributions | $211,989 | ContributionsAmt |
| Investment Earnings Or Losses | $1,186,105 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $114,201 | AdministrativeExpensesAmt |
| End Year Balance | $11,339,639 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,988,099 | BeginningYearBalanceAmt |
| Contributions | $468,498 | ContributionsAmt |
| Investment Earnings Or Losses | $692,566 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $93,417 | AdministrativeExpensesAmt |
| End Year Balance | $10,055,746 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.51800 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.48200 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,749 | OtherCostOrOtherBasisAmt |
| Book Value | $23,749 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,878,571 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,445,892 | DepreciationAmt |
| Book Value | $21,432,679 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,179,089 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,584,362 | DepreciationAmt |
| Book Value | $1,594,727 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,472,225 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,159,136 | DepreciationAmt |
| Book Value | $313,089 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $23,364,244 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS | Desc |
| Book Value | $18,577,159 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $18,577,159 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER CURRENT ASSETS | $20,673 |
| CONSTRUCTION IN PROCESS | $6,613,439 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,634,112 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS | $932,598 |
| OBLIGATION | $2,111,191 |
| CAPITAL LEASE PAYABLE | $319,946 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,363,735 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $29,749,990 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,925,308 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$4,091,632 | OtherRevenueAmt |
| Revenue Not Reported | -$2,166,324 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,916,314 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$248,748 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$248,748 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $31,667,566 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,389,451 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $224,335 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $224,335 | ExpensesNotReportedAmt |
| Expenses Subtotal | $25,165,116 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,091,632 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,091,632 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $29,256,748 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PT XI LINE 4B | GAIN ON INTEREST RATE SWAP - $ 24,413 COST OF GOODS SOLD - 112,760 RENTAL EXPENSE - 29,893 FUNDRAISING EXPENSES - 81,682 TOTAL $ 248,748 |
| PT XII, LINE 2D | COST OF GOODS SOLD - $ 112,760 RENTAL EXPENSE - 29,893 FUNDRAISING EXPENSES - 81,682 TOTAL - $ 224,335 |
| PART V, LINE 4 | AS DESIGNATED BY THE DONOR FOR PERMANENTLY RESTRICTED AND AS DESIGNATED BY THE BOARD FOR BOARD RESTRICTED. |
| PART X, LINE 2 | Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the School and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The School files tax returns in the U.S. federal jurisdiction, as well as the state of New Jersey and currently has no open years prior to 2010 and has no income tax related penalties and interest for periods presented in these financial statements. Should any such penalties and interest be incurred, the School's policy would be to recognize them as operating expenses. In the normal course of business, the School is subject to examination by taxing authorities. As of June 30, 2014 and through the date of this report there are no on-going audits or unresolved disputes with the various tax authorities that the School files with. As of June 30, 2014 and 2013, the School had no unrecognized tax benefits. |
| PART XII, LINE 4B | FINANCIAL AID - $ 4,091,632 |
| PART XI, LINE 2D | FINANCIAL AID - $(4,091,632) |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | EXPLANATION OF NONDISCRIMINATION POLICY | FormAndLineReferenceDesc |
| Explanation | THE POLICY IS INCLUDED IN BROCHURES, CATALOGUES AND WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. IN CONJUNCTION WITH NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS AND THE ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS, WE PLACE ADS STATING OUR NONDISCRIMINATORY POLICY IN AREA NEWSPAPERS WE HAVE PLACED ADS IN THE STAR LEDGER, THE PHILADELPHIA INQUIRER AND THE PHILADELPHIA DAILY NEWS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1Amt |
| Gross Receipts Event1 | $48,029 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $48,029 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $5,460 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $15,982 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $5,260 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $6,209 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | GOLF & TENNIS | NameOfEvent2Amt |
| Gross Receipts Event2 | $68,685 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $68,685 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $8,937 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $14,911 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $8,015 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $116,714 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $116,714 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $14,397 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $30,893 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $5,260 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,224 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $64,774 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $51,940 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| FINANCIAL AID AND TUITION REMISSION | 182 | $4,033,821 | FMV | FINANCIAL AID/REMISS |
| DISCOUNTS | 210 | $57,811 | FMV | DISCOUNTS |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL ESTABLISHED A COMMITTEE TO REVIEW APPLICATIONS AND AWARD FINANCIAL AID BASED ON NEED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JONATHAN G BROUGHAM | |||||||||||
| HEADMASTER/VICE PRESIDENT | $255,838 | $0 | $0 | $20,320 | $0 | $34,997 | $0 | $311,155 | $0 | $0 | $0 |
| RICHARD FLECK | |||||||||||
| FORMER ASST SECRETARY/CFO | $126,331 | $0 | $0 | $1,131 | $0 | $13,916 | $0 | $141,378 | $0 | $0 | $0 |
| ANDREW C HAMLIN | |||||||||||
| ASST SECRETARY/ASST HEADMASTER | $178,587 | $0 | $0 | $13,952 | $0 | $16,825 | $0 | $209,364 | $0 | $0 | $0 |
| WILLIAM R MCQUADE | |||||||||||
| ASST. HEAD FOR ADMIN. PROJECTS | $143,601 | $0 | $0 | $18,674 | $0 | $25,247 | $0 | $187,522 | $0 | $0 | $0 |
| KATHARIN KIEFER | |||||||||||
| DEAN OF FACULTY | $132,205 | $0 | $0 | $16,437 | $0 | $24,698 | $0 | $173,340 | $0 | $0 | $0 |
| RYAN K HEWS | |||||||||||
| HEAD OF UPPER SCHOOL | $126,152 | $0 | $0 | $9,772 | $0 | $17,094 | $0 | $153,018 | $0 | $0 | $0 |
| STEVEN C BRISTOL | |||||||||||
| DIRECTOR OF ADMISSIONS | $127,846 | $0 | $0 | $10,473 | $0 | $100,972 | $0 | $239,291 | $0 | $0 | $0 |
| STEFANIE CONNELL | |||||||||||
| CFO | $114,510 | $0 | $0 | $9,874 | $0 | $50,874 | $0 | $175,258 | $0 | $0 | $0 |
| J MICHAEL CHAYKOWSKY | |||||||||||
| DIRECTOR OF FACILITIES | $121,565 | $0 | $560 | $0 | $28,428 | $0 | $150,553 | $0 | $0 | $0 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEADMASTER IS REQUIRED TO LIVE ON SCHOOL GROUNDS. |
| PART I, LINE 4A | Rick Fleck - severance: 16 weeks of salary - $56,176 Unused vacation time - $11,034 Payday loan forgiveness - $7,607 Use of school-leased vehicle - $4,753 |
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 | PUBLIC FINANCE AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273866124 | BondIssuerEIN |
| Bond Issued | 2013-08-01 | BondIssuedDt |
| Issue Price | $23,000,000 | IssuePriceAmt |
| Purpose | BOND REFINANCING + CONSTRUCTION | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $13,660,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $18,487,111 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $280,950 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $4,546,161 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE TOTAL ISSUE PRICE IS 23,000,000 OF WHICH 13,660,000 WAS USED TO PAY OFF THE OUTSTANDING BALANCE ON THE 2004 BONDS AND 280,950 WAS USED TO PAY FINANCING COSTS. THE REMAINING BALANCE OF 9,059,050 IS BEING TREATED AS A CONSTRUCTION LOAN AND IS BEING DRAWN DOWN AS NEEDED. AS OF JUNE 30, 2014 4,564,161 HAD BEEN DRAWN ON THE LOAN. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $676,294 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV ON DATE OF DONAT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (7 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | GALA MISCELLANEOUS AUCTION ITEMS | 43 | $11,204 | FMV OF DONATED ITEM |
| Yes (X) | GOLF & TENNIS MISCELLANEOUS AUCTION ITEMS | 6 | $4,875 | FMV OF DONATED ITEM |
| Yes (X) | ATHLETICS MISCELLANEOUS AUCTION ITEMS | 1 | $108 | FMV OF DONATED ITEM |
| Yes (X) | ADMIN MISC | 1 | $18,197 | 0 |
| Yes (X) | GORRIE SCHOLARSHIP | 5 | $225 | 0 |
| Yes (X) | PHYSICAL PLANT | 2 | $14,000 | 0 |
| Yes (X) | MUSIC | 1 | $1 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION WAS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, BOARD MEMEBERS REVIEW THE SCHOOL'S CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HEADMASTER RECEIVES AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES FOR PERFOMANCE THROUGHOUT THE FISCAL YEAR. THE HEADMASTER HAS A THREE YEAR CONTRACT THAT OUTLINES POTENTIAL SALARY INCREASES AND THE BOARD WILL DETERMINE IF AN INCREASE IS APPROPRIATE BASED ON THEIR REVIEW. OTHER OFFICERS AND KEY EMPLOYEES RECEIVE ANNUAL REVIEWS BY THE HEADMASTER. THE BOARD WILL REVIEW THE HEADMASTER'S REVIEW AND RECOMMENDATION OF OTHER OFFICERS AND KEY EMPLOYEES AND THEY WILL DETERMINE THE APPROPRIATE COMPENSATION ADJUSTMENTS. |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990 IS AVAILABLE UPON REQUEST FROM THE ORGANIZATION. |
| FORM 990, PART IV, SECTION C, LINE 19 | THE ORGANIZATION MAKES ALL OF ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XII, LINE 2C | THE ORGANIZATION HAS A FINANCE COMMITTEE THAT REVIEWS THE AUDITED FINANCIAL STATEMENT BY THE INDEPENDENT AUDITORS. |
| FORM 990, PART I, LINE 1 | TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES, HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP. |
| FORM 990, PART XI, LINE 9 | OTHER CHANGES IN NET ASSETS FOR FUND BALANCES: GAIN ON INTEREST RATE SWAP CONTRACT = $24,423 |
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