PRINCETON FRIENDS SCHOOL: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
PRINCETON FRIENDS SCHOOL (EIN 22-2790041)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-13
IRS object ID
201541339349304074
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-13T14:26:16-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN210650289PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KLATZKIN & COMPANY LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11670 WHITEHORSE HAM SQ RDAddressLine1
CityHAMILTONCity
StateNJState
ZIP Code086903513ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222790041EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON FRIENDS SCHOOLBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlPRINBusinessNameControlTxt
Phone6096831194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1
CityPRINCETONCity
StateNJState
ZIP Code08540ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJane FremonPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone6096831194PhoneNum
Signature2015-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS MARTINPreparerPersonNm
PTINP00123816PTIN
Phone6098909189PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJane FremonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1
CityPRINCETONCity
StateNJState
ZIP Code08540ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$4,461,221GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addressprincetonfriendsschool.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionPrinceton Friends School is organized as an educational and charitable organization, offering classes to day students in nursery through 8th grade.ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee99TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,303,101PYContributionsGrantsAmt
CY Contributions Grants$558,787CYContributionsGrantsAmt
PY Program Service Revenue$3,757,819PYProgramServiceRevenueAmt
CY Program Service Revenue$3,786,110CYProgramServiceRevenueAmt
PY Investment Income$53,020PYInvestmentIncomeAmt
CY Investment Income$114,830CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,113,940PYTotalRevenueAmt
CY Total Revenue$4,459,727CYTotalRevenueAmt
PY Grants And Similar Paid$716,621PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$731,082CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,318,177PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,428,786CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$161,628CYTotalFundraisingExpenseAmt
PY Other Expenses$1,262,717PYOtherExpensesAmt
CY Other Expenses$1,224,847CYOtherExpensesAmt
PY Total Expenses$4,297,515PYTotalExpensesAmt
CY Total Expenses$4,384,715CYTotalExpensesAmt
PY Revenues Less Expenses$1,816,425PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$75,012CYRevenuesLessExpensesAmt
Total Assets BOY$8,708,093TotalAssetsBOYAmt
Total Assets EOY$8,988,911TotalAssetsEOYAmt
Total Liabilities BOY$923,647TotalLiabilitiesBOYAmt
Total Liabilities EOY$973,720TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,784,446NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,015,191NetAssetsOrFundBalancesEOYAmt
MissionPRINCETON FRIENDS SCHOOL IS ORGANIZED AS AN EDUCATIONAL AND CHARITABLE ORGANIZATION, OFFERING CLASSES TO DAY STUDENTS IN NURSERY THROUGH 8TH GRADE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,826,698ExpenseAmt
Grant$731,082GrantAmt
Revenue$3,786,110RevenueAmt
DescThe program activity provided is to operate and maintain a school in the Princeton, New Jersey area based on the tradition of Quaker values and practice. The school has approximately 132 students in pre-k through 8th grade. The school offers a non-competitive interdisciplinary curriculum that fosters intellectual liveliness, develops academic skills, emphasizes direct experience of subject matter, and responds to the individual learning styles, development needs, and personal interests of students.Desc
Total Program Service Expenses$2,826,698TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee99EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON FRIENDS SCHOOLBusinessNameLine1
FieldValueIRS element (for citing)
Phone6096831194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1
CityPRINCETONCity
StateNJState
ZIP Code08540ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARNA MATTHEWS
CLERK6.00Yes (X)Yes (X)$0$0$0
KEVIN MUETHING
TREASURER2.00Yes (X)Yes (X)$0$0$0
ROBERT GREENE
RECORDING CLERK0.50Yes (X)Yes (X)$0$0$0
CAROL CHIRSTOFFERSON
MEMBER0.50Yes (X)$0$0$0
CAROLINE CLARKE
MEMBER0.50Yes (X)$0$0$0
BURGESS EKMAN-GUNN
MEMBER0.50Yes (X)$0$0$0
ERIK GRISSOM
MEMBER0.50Yes (X)$0$0$0
LILIAN GROSZ
MEMBER0.50Yes (X)$0$0$0
ABHIK HUQ
MEMBER0.50Yes (X)$0$0$0
NINA MAK
MEMBER0.50Yes (X)$0$0$0
BRAD NICHOLSON
MEMBER0.50Yes (X)$0$0$0
SANJAY PALNITKAR
MEMBER0.50Yes (X)$0$0$0
JOSH GOLDSTON PEEK
MEMBER0.50Yes (X)$0$0$0
ROB PIASIO
MEMBER0.50Yes (X)$0$0$0
MICHAEL PRIMO
MEMBER0.50Yes (X)$0$0$0
MICHAEL ROBERTSON
MEMBER0.50Yes (X)$0$0$0
JEAN SASHIHARA
MEMBER0.50Yes (X)$0$0$0
MARINA SCUDDER
MEMBER0.50Yes (X)$0$0$0
BETSY STOKES
MEMBER0.50Yes (X)$0$0$0
DICK WEEDER
MEMBER0.50Yes (X)$0$0$0
MARCIA WILLSIE
MEMBER0.50Yes (X)$0$0$0
MATTHEW ZISK
MEMBER0.50Yes (X)$0$0$0
JANE FREMON
HEAD OF SCHOOL40.00Yes (X)$108,988$0$12,803
FieldValueIRS element (for citing)
Total Reportable Comp From Org$108,988TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$12,803TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$47,318FundraisingAmt
All Other Contributions$511,469AllOtherContributionsAmt
Noncash Contributions$64,062NoncashContributionsAmt
Total Contributions$558,787TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611600$3,129,771$3,129,771
AFTER SCHOOL PROGRAMS900099$616,757$616,757
STUDENT ACTIVITIES900099$22,320$22,320
MISCELLANEOUS900099$17,262$17,262
FieldValueIRS element (for citing)
Total Program Service Revenue$3,786,110TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$114,830TotalRevenueColumnAmt
Exclusion$114,830ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$1,494FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$47,318ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,494FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,459,727TotalRevenueColumnAmt
Related Or Exempt Func Income$3,786,110RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$114,830ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$731,082TotalAmt
Program Services$731,082ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$135,950TotalAmt
Management And General$135,950ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,888,116TotalAmt
Program Services$1,255,450ProgramServicesAmt
Management And General$546,823ManagementAndGeneralAmt
Fundraising$85,843FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$74,833TotalAmt
Program Services$47,777ProgramServicesAmt
Management And General$24,027ManagementAndGeneralAmt
Fundraising$3,029FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$157,169TotalAmt
Program Services$98,663ProgramServicesAmt
Management And General$52,251ManagementAndGeneralAmt
Fundraising$6,255FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$172,718TotalAmt
Program Services$104,050ProgramServicesAmt
Management And General$60,988ManagementAndGeneralAmt
Fundraising$7,680FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,053TotalAmt
Management And General$23,053ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,349TotalAmt
Fundraising$1,349FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$25,810TotalAmt
Management And General$25,810ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$171,627TotalAmt
Program Services$63,148ProgramServicesAmt
Management And General$91,338ManagementAndGeneralAmt
Fundraising$17,141FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$282,128TotalAmt
Program Services$111,841ProgramServicesAmt
Management And General$170,287ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$33,635TotalAmt
Program Services$14,796ProgramServicesAmt
Management And General$16,576ManagementAndGeneralAmt
Fundraising$2,263FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$137,169TotalAmt
Management And General$137,169ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$54,410TotalAmt
Management And General$54,410ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
AFTER SCHOOL PROGRAM$320,891$320,891
STUDENT ACTIVITIES$79,000$79,000
MISCELLANEOUS$25,271$9,563$15,708
MISCELLANEOUS PTO EXPEN$22,360$22,360

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$48,144TotalAmt
Management And General$48,144ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,384,715TotalAmt
Program Services$2,826,698ProgramServicesAmt
Management And General$1,396,389ManagementAndGeneralAmt
Fundraising$161,628FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$521,973BOYAmt
EOY$538,816EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,159,641BOYAmt
EOY$1,164,484EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,490,036BOYAmt
EOY$1,167,210EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$85,378BOYAmt
EOY$82,149EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,511BOYAmt
EOY$14,767EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,175,845LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,601,523LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,636,649BOYAmt
EOY$3,574,322EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,785,270BOYAmt
EOY$2,429,557EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$21,635BOYAmt
EOY$17,606EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,708,093BOYAmt
EOY$8,988,911EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$317,331BOYAmt
EOY$300,665EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$606,316BOYAmt
EOY$673,055EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$923,647BOYAmt
EOY$973,720EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,501,653BOYAmt
EOY$5,679,828EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,282,793BOYAmt
EOY$2,335,363EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,784,446BOYAmt
EOY$8,015,191EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,708,093BOYAmt
EOY$8,988,911EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$75,012ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$155,733NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,151,088BeginningYearBalanceAmt
Contributions$211,793ContributionsAmt
Investment Earnings Or Losses$265,720InvestmentEarningsOrLossesAmt
Other Expenditures$697,185OtherExpendituresAmt
End Year Balance$2,931,416EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,285,006BeginningYearBalanceAmt
Contributions$1,806,308ContributionsAmt
Investment Earnings Or Losses$147,780InvestmentEarningsOrLossesAmt
Other Expenditures$88,006OtherExpendituresAmt
End Year Balance$3,151,088EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,321,930BeginningYearBalanceAmt
Contributions$24,564ContributionsAmt
Investment Earnings Or Losses-$6,988InvestmentEarningsOrLossesAmt
Other Expenditures$54,500OtherExpendituresAmt
End Year Balance$1,285,006EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,095,867BeginningYearBalanceAmt
Investment Earnings Or Losses$290,917InvestmentEarningsOrLossesAmt
Other Expenditures$56,854OtherExpendituresAmt
Administrative Expenses$8,000AdministrativeExpensesAmt
End Year Balance$1,321,930EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$985,749BeginningYearBalanceAmt
Contributions$30,100ContributionsAmt
Investment Earnings Or Losses$140,438InvestmentEarningsOrLossesAmt
Other Expenditures$60,420OtherExpendituresAmt
End Year Balance$1,095,867EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.23000BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.77000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$200InvestmentCostOrOtherBasisAmt
Book Value$200BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,651,853OtherCostOrOtherBasisAmt
Depreciation$1,185,647DepreciationAmt
Book Value$3,466,206BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$116,964OtherCostOrOtherBasisAmt
Depreciation$107,184DepreciationAmt
Book Value$9,780BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$406,828OtherCostOrOtherBasisAmt
Depreciation$308,692DepreciationAmt
Book Value$98,136BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,574,322TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,637,960TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$155,733NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$22,500DonatedServicesAndUseFcltsAmt
Revenue Not Reported$178,233RevenueNotReportedAmt
Revenue Subtotal$4,459,727RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,459,727TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,407,215TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$22,500DonatedServicesUseFcltsAmt
Expenses Not Reported$22,500ExpensesNotReportedAmt
Expenses Subtotal$4,384,715ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,384,715TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:The School has adopted investment and spending policies for the endowment assets that attempt to preserve or increase its purchasing power over time, while providing a relatively stable and constant stream of cash distributions for use in the current operations of the School.
Part X, Line 2:The School is subject to routine audits by taxing jurisdictions. There are currently no such audits for any tax period in progress. Management believes that the school is no longer subject in income tax examinations for years prior to 2011. The School's policy is to classify income tax related interest and penalties in interest expense and miscellaneous operating costs, respectively. The School has not recognized any amounts for interest and penalties accrued at June 30, 2014 and 2013.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule E, Part I, Line 3FormAndLineReferenceDesc
ExplanationNEWS RELEASES AND DISPLAY ADS IN LOCAL PAPERS ALWAYS INCLUDE A RACIALLY NON-DISCRIMINATE POLICY STATEMENT. THE SCHOOL WELCOMES DIVERSITY AS A PART OF ITS PHILOSOPHY.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1FROLIC FOR FRIENDSNameOfEvent1Amt
Gross Receipts Event1$40,179GrossReceiptsEvent1Amt
Charitable Contri Event1$38,685CharitableContriEvent1Amt
Gross Revenue Event1$1,494GrossRevenueEvent1Amt
Other Direct Expenses Event1$1,494OtherDirectExpensesEvent1Amt
Gross Receipts Total$40,179GrossReceiptsTotalAmt
Charitable Contributions Tot$38,685CharitableContributionsTotAmt
Gross Revenue Total Events$1,494GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$1,494OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,494DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
RETURNING STUDENT TUITION AWARDS34$427,481FAIR MARKET VALUETUITION REDUCTION
NEW STUDENT TUITION AWARDS8$93,797FAIR MARKET VALUETUITION REDUCTION
TUITION REMISSION6$70,919FAIR MARKET VALUETUITION REDUCTION
MISCELLANEOUS OTHER TUITION AWARDS5$16,250FAIR MARKET VALUETUITION REDUCTION
LEARNING SUPPORT AID18$53,600FAIR MARKET VALUETUITION REDUCTION
AFTER SCHOOL AND SUMMER PROGRAM AID55$69,035FAIR MARKET VALUETUITION REDUCTION

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe organization monitors the use of the grant funds by providing noncash awards. All grants/awards are direct deductions to the tuition amount due.ExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxtAssistance PurposeAssistancePurposeTxt
$23,600SCHOLARSHIP - FINANCIAL AIDFINANCIAL ASSISTANCE
$10,950SCHOLARSHIP - QUAKER AIDQUAKER AID/SCHOLARSHIP

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$64,062NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Column (b):FormAndLineReferenceDesc
ExplanationAs required, for each security the Organization treated each separate gift (rather than each share received) as a contribution for Schedule M reporting purposes.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11Princeton Friends School does not supply a copy of the complete Form 990 to the entire board. Instead, the organization's policy is for the Treasurer of the board to review the Form 990 in its entirety and then report to the governing body. The entire governing body does receive a copy of the Form 990 with selected schedules removed in order to protect the privacy of donors and scholarship recipients.
Form 990, Part VI, Section B, line 12cThe organization monitors and enforces its conflict of interest policy by requiring each trustee and senior administrator to sign an annual statement disclosing any conflict of interests.
Form 990, Part VI, Section B, line 15aThe executive director's salary is reviewed annually by the personnel committee. This process includes the review of salary data results compiled annually by the National Association of Independent Schools (NAIS) through its Statsonline annual statistical data survey. Comparative compensation reports are reviewed to benchmark groups, including when available: New Jersey Association of Independent Schools(NJAIS), Friends Council on Education (FCOE), and Association of Delaware Valley Independent Schools (ADVIS). This is done annually; the last time was in June 2013. The final agreement was documented in a contract signed by the executive director as well as the clerk/president of the board. The organization has no other officers or key employees therefore question 15b is answered "no".
Form 990, Part VI, Section C, line 19Princeton Friends School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. In addition, the governing documents and policies are made available to the public via various school publications including the student & parent handbook, personnel manual, and head of school's annual report. The development director will usually send the annual audit report of financial statements and Form 990 to organizations that Princeton Friends School solicits for grants.
Form 990, page 11, Part XI, Question 2cThe organization has not changed the process of overseeing the audit or selecting an independent accountant during the fiscal year.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON MONTHLY MEETING OF THE RELIGIOUS ORDER OF FRIENDSBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 Quaker RoadAddressLine1
CityPrincetonCity
StateNJState
ZIP Code085404838ZIPCode
FieldValueIRS element (for citing)
EIN210738425EIN
Primary Activitieschurch/place of worshipPrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status1PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.