2015-05-13T14:26:16-05:00 2014-06-30 210650289 KLATZKIN & COMPANY LLP 1670 WHITEHORSE HAM SQ RD HAMILTON NJ 086903513 990 2013-07-01 222790041 PRINCETON FRIENDS SCHOOL PRIN 6096831194 470 QUAKER ROAD PRINCETON NJ 08540 Jane Fremon Executive Director 6096831194 2015-05-13 1 THOMAS MARTIN P00123816 6098909189 2013 2016-02-25 16:41:14Z Jane Fremon 470 QUAKER ROAD PRINCETON NJ 08540 4461221 0 X princetonfriendsschool.org X 1986 NJ Princeton Friends School is organized as an educational and charitable organization, offering classes to day students in nursery through 8th grade. 22 22 99 50 0 0 2303101 558787 3757819 3786110 53020 114830 0 0 6113940 4459727 716621 731082 0 0 2318177 2428786 0 0 161628 1262717 1224847 4297515 4384715 1816425 75012 8708093 8988911 923647 973720 7784446 8015191 PRINCETON FRIENDS SCHOOL IS ORGANIZED AS AN EDUCATIONAL AND CHARITABLE ORGANIZATION, OFFERING CLASSES TO DAY STUDENTS IN NURSERY THROUGH 8TH GRADE. 0 0 2826698 731082 3786110 The 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. 2826698 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 99 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X PRINCETON FRIENDS SCHOOL 6096831194 470 QUAKER ROAD PRINCETON NJ 08540 MARNA MATTHEWS CLERK 6.00 X X 0 0 0 KEVIN MUETHING TREASURER 2.00 X X 0 0 0 ROBERT GREENE RECORDING CLERK 0.50 X X 0 0 0 CAROL CHIRSTOFFERSON MEMBER 0.50 X 0 0 0 CAROLINE CLARKE MEMBER 0.50 X 0 0 0 BURGESS EKMAN-GUNN MEMBER 0.50 X 0 0 0 ERIK GRISSOM MEMBER 0.50 X 0 0 0 LILIAN GROSZ MEMBER 0.50 X 0 0 0 ABHIK HUQ MEMBER 0.50 X 0 0 0 NINA MAK MEMBER 0.50 X 0 0 0 BRAD NICHOLSON MEMBER 0.50 X 0 0 0 SANJAY PALNITKAR MEMBER 0.50 X 0 0 0 JOSH GOLDSTON PEEK MEMBER 0.50 X 0 0 0 ROB PIASIO MEMBER 0.50 X 0 0 0 MICHAEL PRIMO MEMBER 0.50 X 0 0 0 MICHAEL ROBERTSON MEMBER 0.50 X 0 0 0 JEAN SASHIHARA MEMBER 0.50 X 0 0 0 MARINA SCUDDER MEMBER 0.50 X 0 0 0 BETSY STOKES MEMBER 0.50 X 0 0 0 DICK WEEDER MEMBER 0.50 X 0 0 0 MARCIA WILLSIE MEMBER 0.50 X 0 0 0 MATTHEW ZISK MEMBER 0.50 X 0 0 0 JANE FREMON HEAD OF SCHOOL 40.00 X 108988 0 12803 108988 0 12803 1 0 0 0 0 47318 511469 64062 558787 TUITION 611600 3129771 3129771 AFTER SCHOOL PROGRAMS 900099 616757 616757 STUDENT ACTIVITIES 900099 22320 22320 MISCELLANEOUS 900099 17262 17262 3786110 114830 114830 1494 47318 1494 0 4459727 3786110 0 114830 731082 731082 135950 135950 1888116 1255450 546823 85843 74833 47777 24027 3029 157169 98663 52251 6255 172718 104050 60988 7680 23053 23053 1349 1349 25810 25810 171627 63148 91338 17141 282128 111841 170287 33635 14796 16576 2263 137169 137169 54410 54410 AFTER SCHOOL PROGRAM 320891 320891 STUDENT ACTIVITIES 79000 79000 MISCELLANEOUS 25271 9563 15708 MISCELLANEOUS PTO EXPEN 22360 22360 48144 48144 4384715 2826698 1396389 161628 521973 538816 1159641 1164484 1490036 1167210 85378 82149 7511 14767 5175845 1601523 3636649 3574322 1785270 2429557 21635 17606 8708093 8988911 317331 300665 606316 673055 923647 973720 X 5501653 5679828 2282793 2335363 7784446 8015191 8708093 8988911 75012 155733 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3151088 211793 265720 697185 2931416 1285006 1806308 147780 88006 3151088 1321930 24564 -6988 54500 1285006 1095867 290917 56854 8000 1321930 985749 30100 140438 60420 1095867 0.23000 0.77000 0 0 200 200 4651853 1185647 3466206 116964 107184 9780 406828 308692 98136 3574322 X 4637960 155733 22500 178233 4459727 0 4459727 4407215 22500 22500 4384715 0 4384715 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 NEWS 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. FROLIC FOR FRIENDS 40179 38685 1494 1494 40179 38685 1494 1494 1494 0 1 RETURNING STUDENT TUITION AWARDS 34 427481 FAIR MARKET VALUE TUITION REDUCTION NEW STUDENT TUITION AWARDS 8 93797 FAIR MARKET VALUE TUITION REDUCTION TUITION REMISSION 6 70919 FAIR MARKET VALUE TUITION REDUCTION MISCELLANEOUS OTHER TUITION AWARDS 5 16250 FAIR MARKET VALUE TUITION REDUCTION LEARNING SUPPORT AID 18 53600 FAIR MARKET VALUE TUITION REDUCTION AFTER SCHOOL AND SUMMER PROGRAM AID 55 69035 FAIR MARKET VALUE TUITION REDUCTION Part I, Line 2: The organization monitors the use of the grant funds by providing noncash awards. All grants/awards are direct deductions to the tuition amount due. 23600 SCHOLARSHIP - FINANCIAL AID FINANCIAL ASSISTANCE 10950 SCHOLARSHIP - QUAKER AID QUAKER AID/SCHOLARSHIP X 2 64062 FMV 0 0 0 Part I, Column (b): As required, for each security the Organization treated each separate gift (rather than each share received) as a contribution for Schedule M reporting purposes. Form 990, Part VI, Section B, line 11 Princeton 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 12c The 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 15a The 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 19 Princeton 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 2c The organization has not changed the process of overseeing the audit or selecting an independent accountant during the fiscal year. PRINCETON MONTHLY MEETING OF THE RELIGIOUS ORDER OF FRIENDS 470 Quaker Road Princeton NJ 085404838 210738425 church/place of worship NJ 501(c)(3) 1 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0