SARAH LAWRENCE COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SARAH LAWRENCE COLLEGE (EIN 23-7223216)
- Tax period
- 2013-06-01 to 2014-05-31
- Filed
- 2015-01-15
- IRS object ID
- 201540159349300224
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-01-15T11:23:27-06:00 | ReturnTs |
| Tax Period End | 2014-05-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237223216 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARAH LAWRENCE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DAVID C KLEIN CONTROLLER | InCareOfNm |
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 9143952556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MEAD WAY | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | BRONXVILLE | City |
| State | NY | State |
| ZIP Code | 10708 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Vincent Massaro | PersonNm |
| Person Title | Vice President Finance | PersonTitleTxt |
| Signature | 2015-01-14 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KAREN LAWRENCE PRESIDENT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MEAD WAY | AddressLine1 |
| City | BRONXVILLE | City |
| State | NY | State |
| ZIP Code | 107085999 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $102,933,214 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.sarahlawrence.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1926 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SARAH LAWRENCE COLLEGE IS A FOUR-YEAR LIBERAL ARTS COLLEGE OFFERING SELECT GRADUATE PROGRAMS ON ITS MAIN CAMPUS IN BRONXVILLE, NY AND 5 UNDERGRADUATE OVERSEAS PROGRAMS. SEE O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 1815 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | -$7,429 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$42,512 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,521,998 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,212,763 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $87,497,051 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $92,650,113 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,961 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,623 | CYInvestmentIncomeAmt |
| PY Other Revenue | $75,053 | PYOtherRevenueAmt |
| CY Other Revenue | $62,715 | CYOtherRevenueAmt |
| PY Total Revenue | $107,104,063 | PYTotalRevenueAmt |
| CY Total Revenue | $102,933,214 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $27,684,315 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,086,467 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $45,521,241 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $46,272,102 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,405,104 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $30,944,958 | PYOtherExpensesAmt |
| CY Other Expenses | $32,407,043 | CYOtherExpensesAmt |
| PY Total Expenses | $104,150,514 | PYTotalExpensesAmt |
| CY Total Expenses | $108,765,612 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,953,549 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,832,398 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $197,770,190 | TotalAssetsBOYAmt |
| Total Assets EOY | $199,413,323 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $83,400,915 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $80,764,226 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $114,369,275 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $118,649,097 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $75,582,248 | ExpenseAmt |
| Grant | $28,888,148 | GrantAmt |
| Revenue | $67,897,681 | RevenueAmt |
| Desc | Undergraduate Programs: Educational costs including instruction, academic support, financial aid, library and allocated administrative and occupancy costs for a head count enrollment of 1315 students in Bronxville, New York and 131 students in five overseas programs in London, Oxford, Paris, Florence and Havana. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,639,853 | ExpenseAmt |
| Grant | $1,169,062 | GrantAmt |
| Revenue | $6,703,412 | RevenueAmt |
| Desc | Graduate Programs: Educational costs and financial aid leading to masters degrees in selected graduate programs including Writing, Theatre, Women's History, Dance, Child Development, Art of Teaching, Human Genetics, and Health Advocacy; for a total headcount of 311 students. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,181,251 | ExpenseAmt |
| Revenue | $15,366,979 | RevenueAmt |
| Desc | Auxiliary Enterprises: Operational costs consisting of student housing (housing 1083 in Bronxville and 112 in overseas programs), food service and occupancy costs of College bookstore. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,547,827 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $29,257 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $2,682,041 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $93,951,179 | 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 | false | 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 | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | 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 | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 374 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1815 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | IT | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | 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 | false | 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 | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID C KLEIN CONTROLLER | PersonNm |
| Phone | 9143952556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MEAD WAY | AddressLine1 |
| City | BRONXVILLE | City |
| State | NY | State |
| ZIP Code | 107085999 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 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 |
|---|---|---|---|---|---|---|---|
| CAROL CHRIST | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| DAVID CARMEN | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| LAURA DONNELLEY | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| DAVID DULL | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| ELLEN SCHLOSS FLAMM | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| VICKI FORD | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| BETH-ANN FISCHER GENTILE | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| MARK GOODMAN | |||||||
| VICE CHAIRPERSON | 1.0 | Yes (X) | Yes (X) | ||||
| JOANNA HEIMBOLD | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| CLARION JOHNSON | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| JOHN LILLY | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| WENDY LIPP | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| TRACEY RIESE | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| NANCY MILLER MONTGOMERY | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| JAY PACK | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| RONA CARR | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| MICHAEL STUTZMAN | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| LINDA SUPINO | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| SARAH GRAY GUND | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| DAVID NETTO | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| RACHEL ZEBROWSKI | |||||||
| TRUSTEE | 1.0 | Yes (X) | |||||
| JOHN HILL | |||||||
| Chair of Board | 1.0 | Yes (X) | Yes (X) | ||||
| NANCIE COOPER | |||||||
| VICE CHAIRPERSON | 1.0 | Yes (X) | Yes (X) | ||||
| Karen Lawrence | |||||||
| President | 40.0 | Yes (X) | Yes (X) | $369,172 | $0 | $149,745 | |
| CAMERON AFZAL | |||||||
| FACULTY/TRUSTEE | 1.0 | Yes (X) | $81,472 | $0 | $28,680 | ||
| WILLIAM GOETZMANN | |||||||
| TRUSTEE | Yes (X) | ||||||
| PETER VAN DIJK | |||||||
| TRUSTEE | Yes (X) | ||||||
| Thomas Blum | |||||||
| VP Administration | 40.0 | Yes (X) | $165,240 | $0 | $34,924 | ||
| Julie Auster | |||||||
| VP of Human Resources | 40.0 | Yes (X) | $146,872 | $0 | $33,348 | ||
| Allen Green | |||||||
| Dean-Studies&Chief Dvrsity Ofc | 40.0 | Yes (X) | $155,244 | $0 | $82,097 | ||
| Jerrilyn Dodds | |||||||
| Dean of the College | 40.0 | Yes (X) | $213,057 | $0 | $62,679 | ||
| Charles Rasberry | |||||||
| Vice President for Advancement | 40.0 | Yes (X) | $252,024 | $0 | $43,639 | ||
| Gerald Schorin | |||||||
| VP Communications & Marketing | 40.0 | Yes (X) | $150,318 | $0 | $47,195 | ||
| Vincent Massaro | |||||||
| VP Finance&Operations | 40.0 | Yes (X) | $266,667 | $0 | $25,197 | ||
| Mary Beth Carey | |||||||
| Dean of Admissions/Enrollment | 40.0 | Yes (X) | $106,683 | $0 | $12,708 | ||
| Sean Jameson | |||||||
| Director Information Systems | 40.0 | $149,374 | $0 | $33,505 | Yes (X) | ||
| Ellen Reynolds | |||||||
| Associate VP Advancement | 40.0 | $153,803 | $0 | $13,519 | Yes (X) | ||
| Joseph Woolfson | |||||||
| Professor | 40.0 | $231,467 | $0 | $18,541 | Yes (X) | ||
| Shirley Kaplan | |||||||
| Professor | 40.0 | $144,716 | $0 | $20,174 | Yes (X) | ||
| Daniel Kaiser | |||||||
| Professor | 40.0 | $135,142 | $0 | $19,594 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,721,251 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $625,545 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 65 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| AVI Fresh | |||||
| 2920 Elm Road NE | WARREN | OH | 44483 | Food Service | $4,916,676 |
| ABM Janitorial Services | |||||
| 551 Fifth Ave Suite 300 | NEW YORK | NY | 10176 | janitorial service | $1,060,684 |
| Flora Landscapes Ltd | |||||
| PO Box 654 | BRONXVILLE | NY | 10708 | Landscaping | $678,934 |
| Alda Building Company LLC | |||||
| 128 Norman Avenue | BROOKKLYN | NY | 11222 | Construction Service | $496,986 |
| Royall Company | |||||
| 1920 E Parham Road | RICHMOND | VA | 23228 | Recruitment services | $459,536 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 32 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $415,284 | GovernmentGrantsAmt |
| All Other Contributions | $9,797,479 | AllOtherContributionsAmt |
| Noncash Contributions | $388,980 | NoncashContributionsAmt |
| Total Contributions | $10,212,763 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| UNDERGRADUATE TUITION AND FEES | 611600 | $67,897,681 | $67,897,681 |
| GRADUATE TUITION AND FEES | 611600 | $6,703,412 | $6,703,412 |
| AUXILIARY ENTERPRISES | 611710 | $15,366,979 | $15,366,979 |
| OTHER EDUCATION PROGRAMS | 611600 | $2,682,041 | $2,682,041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $92,650,113 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,623 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$7,429 | UnrelatedBusinessRevenueAmt |
| Exclusion | $194 | 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 | $55,500 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $55,500 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,500 | TotalRevenueColumnAmt |
| Exclusion | $55,500 | ExclusionAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT LOAN INTEREST | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $7,215 | TotalRevenueColumnAmt |
| Exclusion | $7,215 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,215 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $102,933,214 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $92,650,113 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$7,429 | UnrelatedBusinessRevenueAmt |
| Exclusion | $62,909 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,086,467 | TotalAmt |
| Program Services | $30,086,467 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
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 | $2,219,864 | TotalAmt |
| Program Services | $646,148 | ProgramServicesAmt |
| Management And General | $1,266,857 | ManagementAndGeneralAmt |
| Fundraising | $306,859 | 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 | $32,725,894 | TotalAmt |
| Program Services | $27,587,635 | ProgramServicesAmt |
| Management And General | $2,874,555 | ManagementAndGeneralAmt |
| Fundraising | $2,263,704 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,992,966 | TotalAmt |
| Program Services | $1,661,699 | ProgramServicesAmt |
| Management And General | $196,822 | ManagementAndGeneralAmt |
| Fundraising | $134,445 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,000,441 | TotalAmt |
| Program Services | $5,579,383 | ProgramServicesAmt |
| Management And General | $927,831 | ManagementAndGeneralAmt |
| Fundraising | $493,227 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,332,937 | TotalAmt |
| Program Services | $1,865,602 | ProgramServicesAmt |
| Management And General | $299,624 | ManagementAndGeneralAmt |
| Fundraising | $167,711 | 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 | $89,579 | TotalAmt |
| Management And General | $89,579 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,840 | TotalAmt |
| Management And General | $199,840 | ManagementAndGeneralAmt |
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 | $103,388 | TotalAmt |
| Management And General | $103,388 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,370,491 | TotalAmt |
| Program Services | $895,244 | ProgramServicesAmt |
| Management And General | $396,541 | ManagementAndGeneralAmt |
| Fundraising | $78,706 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $411,617 | TotalAmt |
| Management And General | $411,617 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,274,564 | TotalAmt |
| Program Services | $708,238 | ProgramServicesAmt |
| Management And General | $402,336 | ManagementAndGeneralAmt |
| Fundraising | $163,990 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $801,731 | TotalAmt |
| Management And General | $801,731 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,147,438 | TotalAmt |
| Program Services | $4,767,043 | ProgramServicesAmt |
| Management And General | $316,567 | ManagementAndGeneralAmt |
| Fundraising | $63,828 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $527,542 | TotalAmt |
| Program Services | $389,297 | ProgramServicesAmt |
| Management And General | $28,861 | ManagementAndGeneralAmt |
| Fundraising | $109,384 | 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 | $134,984 | TotalAmt |
| Program Services | $110,192 | ProgramServicesAmt |
| Management And General | $21,818 | ManagementAndGeneralAmt |
| Fundraising | $2,974 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,427,836 | TotalAmt |
| Program Services | $3,174,519 | ProgramServicesAmt |
| Management And General | $210,812 | ManagementAndGeneralAmt |
| Fundraising | $42,505 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,136,914 | TotalAmt |
| Program Services | $3,605,071 | ProgramServicesAmt |
| Management And General | $507,649 | ManagementAndGeneralAmt |
| Fundraising | $24,194 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $583,032 | TotalAmt |
| Program Services | $539,946 | ProgramServicesAmt |
| Management And General | $35,856 | ManagementAndGeneralAmt |
| Fundraising | $7,230 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOREIGN PROGRAM COSTS | $5,198,140 | $5,198,140 | ||
| CONTRACTED FOOD SERVICE COSTS | $3,628,274 | $3,628,274 | ||
| RESTRICTED FUNDS EXPENSES | $1,101,706 | $874,184 | $227,522 | |
| BUILDING REPAIR & RENOVATION | $767,608 | $710,882 | $47,208 | $9,518 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,502,359 | TotalAmt |
| Program Services | $1,923,215 | ProgramServicesAmt |
| Management And General | $1,042,315 | ManagementAndGeneralAmt |
| Fundraising | $536,829 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,765,612 | TotalAmt |
| Program Services | $93,951,179 | ProgramServicesAmt |
| Management And General | $10,409,329 | ManagementAndGeneralAmt |
| Fundraising | $4,405,104 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,518,291 | BOYAmt |
| EOY | $9,426,922 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,872,607 | BOYAmt |
| EOY | $11,365,298 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,996 | BOYAmt |
| EOY | $211,603 | 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 | $1,067,022 | BOYAmt |
| EOY | $1,011,400 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,770,740 | BOYAmt |
| EOY | $1,121,769 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $125,694,650 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $41,289,364 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,445,084 | BOYAmt |
| EOY | $84,405,286 | 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 | $82,191,742 | BOYAmt |
| EOY | $88,718,105 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,673,708 | BOYAmt |
| EOY | $3,152,940 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,770,190 | BOYAmt |
| EOY | $199,413,323 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,319,960 | BOYAmt |
| EOY | $7,218,997 | 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 | $3,419,650 | BOYAmt |
| EOY | $3,343,205 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,500,000 | BOYAmt |
| EOY | $43,500,000 | 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 | $3,088,762 | BOYAmt |
| EOY | $4,050,294 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,500,000 | BOYAmt |
| EOY | $3,500,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,572,543 | BOYAmt |
| EOY | $19,151,730 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,400,915 | BOYAmt |
| EOY | $80,764,226 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,330,577 | BOYAmt |
| EOY | $40,691,946 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,025,275 | BOYAmt |
| EOY | $17,650,507 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,013,423 | BOYAmt |
| EOY | $60,306,644 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,369,275 | BOYAmt |
| EOY | $118,649,097 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,770,190 | BOYAmt |
| EOY | $199,413,323 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,832,398 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $10,580,730 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$468,510 | OtherChangesInNetAssetsAmt |
| 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 | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
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 | $75,768,291 | BeginningYearBalanceAmt |
| Contributions | $6,550,543 | ContributionsAmt |
| Investment Earnings Or Losses | $10,581,224 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,141,771 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,441,103 | OtherExpendituresAmt |
| Administrative Expenses | $103,388 | AdministrativeExpensesAmt |
| End Year Balance | $87,213,796 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,016,091 | BeginningYearBalanceAmt |
| Contributions | $5,920,539 | ContributionsAmt |
| Investment Earnings Or Losses | $10,459,314 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,080,349 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,430,773 | OtherExpendituresAmt |
| Administrative Expenses | $116,531 | AdministrativeExpensesAmt |
| End Year Balance | $75,768,291 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $74,591,964 | BeginningYearBalanceAmt |
| Contributions | $1,685,381 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,141,977 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,095,784 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,918,030 | OtherExpendituresAmt |
| Administrative Expenses | $102,463 | AdministrativeExpensesAmt |
| End Year Balance | $66,019,091 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,803,789 | BeginningYearBalanceAmt |
| Contributions | $1,810,714 | ContributionsAmt |
| Investment Earnings Or Losses | $12,483,613 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,208,248 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,196,378 | OtherExpendituresAmt |
| Administrative Expenses | $101,526 | AdministrativeExpensesAmt |
| End Year Balance | $74,591,964 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,990,582 | BeginningYearBalanceAmt |
| Contributions | $2,228,330 | ContributionsAmt |
| Investment Earnings Or Losses | $9,256,316 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,324,769 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,238,290 | OtherExpendituresAmt |
| Administrative Expenses | $108,380 | AdministrativeExpensesAmt |
| End Year Balance | $66,803,789 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.43100 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.56900 | 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 | $5,830,155 | OtherCostOrOtherBasisAmt |
| Book Value | $5,830,155 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $109,879,823 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,227,565 | DepreciationAmt |
| Book Value | $73,652,258 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,984,672 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,061,799 | DepreciationAmt |
| Book Value | $4,922,873 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $84,405,286 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FIXED INCOME FUNDS | $4,716,561 | F |
| GLOBAL EQUITY FUNDS | $46,730,875 | F |
| HEDGED EQUITY FUNDS | $1,736,630 | F |
| RELATIVE VALUE&EVENT-DRIVEN FD | $4,828,039 | F |
| REAL ASSETS FUNDS | $5,915,910 | F |
| PRIVATE EQ.& VENTURE CAP FUNDS | $16,806,693 | F |
| L-T SPLIT-INTEREST STRATEGIES | $2,703,815 | F |
| ALPHA PORTFOLIO SEGREGATED FND | $4,286,371 | |
| EQUITY MRKT NEUTRAL SEGRET FND | $993,211 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $88,718,105 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP LIABILITY | $7,236,100 |
| ANNUITIES PAYABLE | $2,184,784 |
| US GOV'T GRANTS REFUNDABLE | $996,586 |
| POSTRETIREMENT HEALTH&LIFE INS | $8,349,720 |
| ASSET RETIREMENT OBLIGATION | $384,540 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $19,151,730 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $82,966,661 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $10,580,730 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$357,428 | OtherRevenueAmt |
| Revenue Not Reported | $10,223,302 | RevenueNotReportedAmt |
| Revenue Subtotal | $72,743,359 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $103,388 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $30,086,467 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $30,189,855 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $102,933,214 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $77,715,503 | TotExpnsEtcAuditedFinclStmtAmt |
| Losses Reported | -$623,782 | LossesReportedAmt |
| Other Expenses Included | -$236,472 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$860,254 | ExpensesNotReportedAmt |
| Expenses Subtotal | $78,575,757 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $103,388 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $30,086,467 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $30,189,855 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $108,765,612 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SUPPLEMENTAL INFORMATION | PART V LINE 4 THE COLLEGE'S INTENDED USE OF THE ENDOWMENT FUNDS IS FOR ACADEMIC PROGRAMS, LIBRARY ACQUISITIONS, SCHOLARSHIPS AND FELLOWSHIPS, AND FACULTY SALARIES. PART XI LINE 2D CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $173,777, LOSS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC PENSION COST ($531,205) PART XI LINE 4B SCHOLARSHIPS AND FELLOWSHIPS $30,086,467 PART XII LINE 2C WRITE OFF OF CONSTRUCTION EXPENDITURE ($623,782). PART XII LINE 2D CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $236,472. PART XII LINE 4B SCHOLARSHIPS AND FELLOWSHIPS $30,086,467. |
| SCHEDULE D, PART X, FIN 48 | The College follows the FASB's accounting guidance Topic 740, "Accounting for Uncertainty in Income Taxes", which clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The College is exempt from income tax under IRC Section 501(c)(3), though it is subject to tax on income unrelated to its exempt purposes, unless that income is otherwise excluded by the Code. The tax years ending May 31, 2011, 2012, 2013 and 2014 are still open to audit for both federal and state purposes. |
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 | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E Part I Line 3 NON-DISCRIMINATORY POLICY | NON-DISCRIMINATORY POLICY REGARDING STUDENT ADMISSIONS AND EMPLOYMENT POLICIES ARE ON THE COLLEGE'S PUBLIC WEBSITE AT WWW.SARAHLAWRENCE.EDU. NON-DISCRIMINATORY POLICIES ARE ALSO PRINTED IN STUDENTS ADMISSIONS APPLICATION, STUDENTS HANDBOOK, COLLEGE CATALOGUE, ETC. |
| Schedule E Explanation for Line 6A | FEDERAL CAMPUS-BASED STUDENT AID FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION. THE COLLEGE ALSO RECEIVES FUNDS FROM VARIOUS AGENCIES AS RESEARCH AND TRAINING GRANTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 3 | 4 | Program Services | UNDERGRAD EDUCATION | $4,930,112 |
| Central America and the Caribbean | 2 | Program Services | UNDERGRAD EDUCATION | $407,239 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 6 | SubtotalEmployeesCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Subtotal Spent | $5,337,351 | SubtotalSpentAmt |
| Total Spent | $5,337,351 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 3 Column F | FormAndLineReferenceDesc |
| Explanation | Amounts represent direct expenditures incurred on the accrual basis associated with the College's Study Abroad programs in England, France, Italy, and Cuba. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships & Fellowships to eligible students | GrantTypeTxt |
| Recipient | 1406 | RecipientCnt |
| Non Cash Assistance | $30,086,467 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | cr. against tuition | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | A LIST OF RECIPIENTS OF SCHOLARSHIPS IS ON FILE AT THE COLLEGE. THE RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS ESTABLISHED BY THE COLLEGE COMMITTEES THAT JUDGE THE APPLICANTS. THE COLLEGE HAS PROCEDURES THAT ARE DESIGNED TO ENSURE THAT INDIVIDUALS FROM THE COLLEGE QUALIFY TO RECEIVE PAYMENTS. THE COLLEGE'S FINANCIAL AID OFFICE ENSURES THAT GRANTS AND AWARDS ARE IN COMPLIANCE WITH PROCEDURES ESTABLISHED BY THE COLLEGE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | 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 (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Karen Lawrence | ||||||||||||||
| President | $353,560 | $0 | $0 | $0 | $15,612 | $0 | $64,950 | $0 | $84,795 | $0 | $518,917 | $0 | $0 | $0 |
| Thomas Blum | ||||||||||||||
| VP Administration | $165,240 | $0 | $0 | $0 | $0 | $0 | $14,529 | $0 | $20,395 | $0 | $200,164 | $0 | $0 | $0 |
| Julie Auster | ||||||||||||||
| VP of Human Resources | $146,872 | $0 | $0 | $0 | $0 | $0 | $12,953 | $0 | $20,395 | $0 | $180,220 | $0 | $0 | $0 |
| Allen Green | ||||||||||||||
| Dean-Studies&Chief Dvrsity Ofc | $155,244 | $0 | $0 | $0 | $0 | $0 | $13,702 | $0 | $68,395 | $0 | $237,341 | $0 | $0 | $0 |
| Jerrilyn Dodds | ||||||||||||||
| Dean of the College | $213,057 | $0 | $0 | $0 | $0 | $0 | $18,334 | $0 | $44,345 | $0 | $275,736 | $0 | $0 | $0 |
| Sean Jameson | ||||||||||||||
| Director Information Systems | $149,374 | $0 | $0 | $0 | $0 | $0 | $13,110 | $0 | $20,395 | $0 | $182,879 | $0 | $0 | $0 |
| Ellen Reynolds | ||||||||||||||
| Associate VP Advancement | $153,803 | $0 | $0 | $0 | $0 | $0 | $13,519 | $0 | $0 | $0 | $167,322 | $0 | $0 | $0 |
| Charles Rasberry | ||||||||||||||
| Vice President for Advancement | $252,024 | $0 | $0 | $0 | $0 | $0 | $22,244 | $0 | $21,395 | $0 | $295,663 | $0 | $0 | $0 |
| Gerald Schorin | ||||||||||||||
| VP Communications & Marketing | $150,318 | $0 | $0 | $0 | $0 | $0 | $13,180 | $0 | $34,015 | $0 | $197,513 | $0 | $0 | $0 |
| Joseph Woolfson | ||||||||||||||
| Professor | $231,467 | $0 | $0 | $0 | $0 | $0 | $6,644 | $0 | $11,897 | $0 | $250,008 | $0 | $0 | $0 |
| Shirley Kaplan | ||||||||||||||
| Professor | $144,716 | $0 | $0 | $0 | $0 | $0 | $12,507 | $0 | $7,667 | $0 | $164,890 | $0 | $0 | $0 |
| Daniel Kaiser | ||||||||||||||
| Professor | $135,142 | $0 | $0 | $0 | $0 | $0 | $11,927 | $0 | $7,667 | $0 | $154,736 | $0 | $0 | $0 |
| Vincent Massaro | ||||||||||||||
| VP Finance&Operations | $266,667 | $0 | $0 | $0 | $0 | $0 | $13,300 | $0 | $11,897 | $0 | $291,864 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Line 1a | -----TRAVEL FOR COMPANIONS - THE COLLEGE PROVIDES, AS CONDITION OF EMPLOYMENT, EXPENDITURE FOR TRAVEL FOR THE PRESIDENT'S SPOUSE WHEN EXPECTED TO MAKE AN IMPORTANT CONTRIBUTION TO ACHIEVING THE PURPOSES OF THE TRAVEL OR EVENTS, WHILE ACCOMPANYING THE PRESIDENT IN PERFORMING HER OFFICIAL DUTIES IN THE AREAS OF DEVELOPMENT, TRUSTEE AND ALUMNI RELATIONS, AND OTHER BUSINESS OF THE COLLEGE. IN THOSE CASES, THE COLLEGE'S POLICY IS TO AUTHORIZE THE PAYMENT OF TRAVEL AND RELATED EXPENSES OF THE PRESIDENT'S SPOUSE, AND THE PAYMENT TOTALS ARE REPORTED TO THE EXECUTIVE COMMITTEE OF THE BOARD. SUCH EXPENDITURES FOR SPOUSAL TRAVEL ARE INCLUDED IN TAXABLE COMPENSATION OF THE PRESIDENT. -----HOUSING ALLOWANCE FOR RESIDENCE OR PERSONAL USE - THE COLLEGE HOUSES THE PRESIDENT, (KAREN LAWRENCE), THE DEAN OF STUDIES AND DIVERSITY OFFICER, (ALLEN GREEN), THE DIRECTOR OF PUBLIC SAFETY, AND 4 STAFF FROM STUDENT AFFAIRS IN CAMPUS HOUSING. THE COLLEGE ALSO PROVIDES HOUSING CLOSE TO CAMPUS FOR THE DEAN OF STUDENT AFFAIRS AND THE DIRECTOR OF RESIDENTIAL LIFE. THIS HOUSING IS REQUIRED BY THE NATURE OF THEIR POSITIONS AND IS A CONDITION OF THEIR EMPLOYMENT. -----PERSONAL SERVICES - THE COLLEGE PROVIDES LIMITED PERSONAL SERVICE CONSISTING OF RESIDENCE HOUSEKEEPING FOR THE PRESIDENT. |
| SCHEDULE J, PART I, LINE 4B | -----PAYMENT FROM EQUITY-BASED COMPENSATION ARRANGEMENT- KAREN LAWRENCE, PRESIDENT, PARTICIPATED IN SECTION 457(f) PLAN WITH DEFERRED COMPENSATION OF $30,000 IN 2013. |
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 | City of Yonkers Industrial Development Agency | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521294255 | BondIssuerEIN |
| CUSIP | 986083CA9 | CUSIPNum |
| Bond Issued | 2009-12-01 | BondIssuedDt |
| Issue Price | $44,217,481 | IssuePriceAmt |
| Purpose | CITY OF YONKERS IND. DEV AGENC | 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 | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $44,217,481 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $569,901 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $5,670,179 | CapitalExpendituresAmt |
| Other Spent Proceeds | $37,977,301 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | 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 |
| Engage Bond Counsel Contracts | false | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| 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 | Schedule K Part I(F) | FormAndLineReferenceDesc |
| Explanation | THE CITY OF YONKERS INDUSTRIAL DEVLOPMENT BONDS WERE ISSUED TO CONVERT FROM VARIABLE TO FIXED RATE FOR BONDS ISSUES 5/27/04, 10/16/03, AND 6/5/01. | 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 | 34 | ContributionCnt |
| Noncash Contributions Rpt F990 | $388,980 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | 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 | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32A | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE SELLS DONATED SECURITIES THROUGH A THIRD PARTY BROKER. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 and PART III, LINE 1 | THE MISSION AND METHOD OF SARAH LAWRENCE EDUCATION At Sarah Lawrence College, our mission is to graduate citizens of the world who are diverse in every definition of the word, who take intellectual and creative risks, and who are able to focus exceptional intellectual discipline within a framework of humanistic values and concern for community. Our unique educational practices, including unparalleled time with faculty, aim at preparing the whole student to solve problems in new ways, to cross disciplinary boundaries, and to think and act independently as they become protagonists on the world stage. |
| FORM 990, PART III, LINE 4D | OTHER PROGRAMS Other educational programs consisting of non-credit continuing education programs (with a headcount of 22 students), special non-credit courses for adults, (language, photography, swimming and fitness, etc.), writing institute classes, certificate courses, and early childhood programs. |
| FORM 990, PART VI, SECTION B, LINE 11 | 990 REVIEW PROCESS The College's Controller's Office compiled financial information and prepared the 990. A draft was reviewed by Grant Thornton, an independent accounting firm. Acting for the full Board, a draft of the 990 was sent to each member of the Audit Committee and the Executive Committee of the Board to review. A final public inspection copy of the 990 was placed on the College's password-protected trustee page for access by each Board member, with e-mail notification thereto, prior to filing. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY The Secretary of the College regularly and consistently monitors and enforces the conflict of interest policy. Annually, the Trustees are sent the College's conflict of interest policy by the Secretary of the College. Compliance is acknowledged by signature and return of the signed statement. At the same time, a disclosure statement is completed in order to disclose any potential conflict of interest with the College. The policy requires disclosure of all potential conflicts of interest to the Secretary, or Chair of the Board, as soon as possible after the Trustee learns of the conflict. All disclosed potential conflicts of interest are presented to the Board with the material facts for discussion and decision for approval. The Board sets forth its basis in the minutes of the meeting in which the decision was made. |
| FORM 990, PART VI, SECTION B, LINE 15a and 15b | DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES The Executive Committee, comprised of independent Trustees, meets annually to fix the compensation of the President, the faculty Trustee, and other officers who are not Trustees. The Vice President of Human Resources meets with the Executive Committee at the end of each academic year to present objective comparative information on all officers of the College. Data is collected from 2 sets of objective comparative peer groups. The President presents to the Committee the annual evaluation and salary recommendation for each officer for the following academic year. The Committee approves the new salaries. The Committee determines and approves the President's salary. The determination is documented in the contemporaneous meeting minutes. This process was last undertaken on June 30, 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS, POLICY, AND FINANCIALS The College's governing documents are available by request, the conflict of interest policy is on the College's public website, and the College's Financial Statements are made available by request. |
| FORM 990, PART XI, LINE 9 | RECONCILIATION OF NET ASSETS DECREASE IN FAIR VALUE OF INTEREST RATE SWAP LIABILITY $236,472; CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS ($173,777); LOSS NOT RECOGNIZED AS A COMPONENT OF NET PERIODIC PENSION COST ($531,205). |
| Schedule R Part II Line (1) and Part V Line (2) | Related Organizations Sarah Lawrence College operates several educational programs outside the United States. The program in Oxford, England required the College to set up a separate legal entity. The entity is listed in Schedule R of Form 990, as required. The program and financial information contained in this Form 990 includes the activity of the Sarah Lawrence at Oxford program since the operations are conducted as a program of the College, and is not easily separable. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sarah Lawrence at Oxford | BusinessNameLine1 |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Wadham College | AddressLine1 |
| City | Oxford | City |
| Province Or State | Endland | ProvinceOrState |
| Country | UK | Country |
| Postal Code | OX1 3PN | PostalCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Education | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable Remainder Trusts (18) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | N/A | PrimaryActivitiesTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Charitable Remainder Unitrust | ||
| (c) | $39,452 | FMV |
| Sarah Lawrence at Oxford | ||
| (p) | $1,178,527 | COST |
Comments