PRINCETON FRIENDS SCHOOL: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
PRINCETON FRIENDS SCHOOL (EIN 22-2790041)
Tax period
2014-07-01 to 2015-06-30
Filed
2015-12-22
IRS object ID
201543569349300659
Schema version
2014v5.0
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)
Return2015-12-22T10:01:47-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN210650289PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KLATZKIN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11670 WHITEHORSE HAM SQ RDAddressLine1Txt
CityHAMILTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP086903513ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222790041EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON FRIENDS SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRINBusinessNameControlTxt
Phone6096831194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJane FremonPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone6096831194PhoneNum
Signature2015-12-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS MARTINPreparerPersonNm
PTINP00123816PTIN
Phone6098909189PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJane FremonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,885,293GrossReceiptsAmt
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 Employee111TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$558,787PYContributionsGrantsAmt
CY Contributions Grants$1,631,849CYContributionsGrantsAmt
PY Program Service Revenue$3,786,110PYProgramServiceRevenueAmt
CY Program Service Revenue$4,067,770CYProgramServiceRevenueAmt
PY Investment Income$114,830PYInvestmentIncomeAmt
CY Investment Income$157,445CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,459,727PYTotalRevenueAmt
CY Total Revenue$5,857,064CYTotalRevenueAmt
PY Grants And Similar Paid$731,082PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$787,458CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,428,786PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,521,523CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$143,069CYTotalFundraisingExpenseAmt
PY Other Expenses$1,224,847PYOtherExpensesAmt
CY Other Expenses$1,235,205CYOtherExpensesAmt
PY Total Expenses$4,384,715PYTotalExpensesAmt
CY Total Expenses$4,544,186CYTotalExpensesAmt
PY Revenues Less Expenses$75,012PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,312,878CYRevenuesLessExpensesAmt
Total Assets BOY$8,988,911TotalAssetsBOYAmt
Total Assets EOY$10,295,556TotalAssetsEOYAmt
Total Liabilities BOY$973,720TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,047,032TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,015,191NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,248,524NetAssetsOrFundBalancesEOYAmt
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$3,340,304ExpenseAmt
Grant$787,458GrantAmt
Revenue$4,067,770RevenueAmt
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$3,340,304TotalProgramServiceExpensesAmt
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 Contri0DeductibleNonCashContriInd
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 Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee111EmployeeCnt
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 ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
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 SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6096831194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 QUAKER ROADAddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08540ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARNA MATTHEWS
CLERK5.00Yes (X)Yes (X)$0$0$0
KEVIN MUETHING
TREASURER5.00Yes (X)Yes (X)$0$0$0
BETSY STOKES
RECORDING CLERK5.00Yes (X)Yes (X)$0$0$0
CAROLINE CLARKE
MEMBER0.50Yes (X)$0$0$0
ALYSON GOODNER
MEMBER0.50Yes (X)$0$0$0
ERIK GRISSOM
MEMBER0.50Yes (X)$0$0$0
LILIAN GROSZ
MEMBER0.50Yes (X)$0$0$0
GEORGE MCLAUGHLIN
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
ROBERT GREENE
MEMBER0.50Yes (X)$0$0$0
DICK WEEDER
MEMBER0.50Yes (X)$0$0$0
SCOTT SUSSMAN
MEMBER0.50Yes (X)$0$0$0
BRIGID DOHERTY
MEMBER0.50Yes (X)$0$0$0
ISABEL ZISK
MEMBER0.50Yes (X)$0$0$0
BURGESS EKMAN-GUNN
MEMBER0.50Yes (X)$0$0$0
JEAN MIKITA SASHIHARA
MEMBER0.50Yes (X)$0$0$0
ABHIK HUQ
MEMBER0.50Yes (X)$0$0$0
JANE FREMON
HEAD OF SCHOOL40.00Yes (X)$124,301$0$12,655
ANNE LEWIS
BUSINESS MANAGER40.00$100,559$0$7,624Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$224,860TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$20,279TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$76,914FundraisingAmt
All Other Contributions$1,554,935AllOtherContributionsAmt
Noncash Contributions$13,305NoncashContributionsAmt
Total Contributions$1,631,849TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611600$3,342,489$3,342,489
AFTER SCHOOL PROGRAMS900099$693,534$693,534
STUDENT ACTIVITIES900099$17,718$17,718
MISCELLANEOUS900099$14,029$14,029
FieldValueIRS element (for citing)
Total Program Service Revenue$4,067,770TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$157,445TotalRevenueColumnAmt
Exclusion$157,445ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$28,229FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$76,914ContriRptFundraisingEventAmt
Fundraising Direct Expenses$28,229FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,857,064TotalRevenueColumnAmt
Related Or Exempt Func Income$4,067,770RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$157,445ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$787,458TotalAmt
Program Services$787,458ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$139,900TotalAmt
Management And General$139,900ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,967,239TotalAmt
Program Services$1,348,800ProgramServicesAmt
Management And General$540,330ManagementAndGeneralAmt
Fundraising$78,109FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$76,494TotalAmt
Program Services$51,817ProgramServicesAmt
Management And General$21,054ManagementAndGeneralAmt
Fundraising$3,623FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$166,285TotalAmt
Program Services$108,827ProgramServicesAmt
Management And General$49,849ManagementAndGeneralAmt
Fundraising$7,609FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$171,605TotalAmt
Program Services$111,427ProgramServicesAmt
Management And General$54,118ManagementAndGeneralAmt
Fundraising$6,060FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,950TotalAmt
Management And General$21,950ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$35,629TotalAmt
Program Services$23,471ProgramServicesAmt
Management And General$12,158ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$173,935TotalAmt
Program Services$129,868ProgramServicesAmt
Management And General$33,819ManagementAndGeneralAmt
Fundraising$10,248FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$290,801TotalAmt
Program Services$245,148ProgramServicesAmt
Management And General$45,653ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$22,217TotalAmt
Program Services$15,849ProgramServicesAmt
Management And General$5,054ManagementAndGeneralAmt
Fundraising$1,314FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$138,327TotalAmt
Program Services$91,126ProgramServicesAmt
Management And General$47,201ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$55,106TotalAmt
Program Services$36,302ProgramServicesAmt
Management And General$18,804ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
AFTER SCHOOL PROGRAM$321,785$321,785
STUDENT ACTIVITIES$68,426$68,426
MISCELLANEOUS$34,016$9,715$24,301
BAD DEBT$27,856$27,856

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$45,157TotalAmt
Management And General$33,352ManagementAndGeneralAmt
Fundraising$11,805FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,544,186TotalAmt
Program Services$3,340,304ProgramServicesAmt
Management And General$1,060,813ManagementAndGeneralAmt
Fundraising$143,069FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$538,816BOYAmt
EOY$987,107EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,164,484BOYAmt
EOY$1,167,776EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,167,210BOYAmt
EOY$1,019,597EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$82,149BOYAmt
EOY$105,143EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,767BOYAmt
EOY$5,933EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,228,731LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,722,891LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,574,322BOYAmt
EOY$3,505,840EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,429,557BOYAmt
EOY$3,504,160EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,606BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,988,911BOYAmt
EOY$10,295,556EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$300,665BOYAmt
EOY$298,398EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$673,055BOYAmt
EOY$748,634EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$973,720BOYAmt
EOY$1,047,032EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,679,828BOYAmt
EOY$6,925,726EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,335,363BOYAmt
EOY$2,322,798EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,015,191BOYAmt
EOY$9,248,524EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,988,911BOYAmt
EOY$10,295,556EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,312,878ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$79,545NetUnrlzdGainsLossesInvstAmt
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$2,931,416BeginningYearBalanceAmt
Contributions$1,111,423ContributionsAmt
Investment Earnings Or Losses$74,604InvestmentEarningsOrLossesAmt
Other Expenditures$83,437OtherExpendituresAmt
End Year Balance$4,034,006EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
FieldValueIRS element (for citing)
Board Designated Balance EOY0.44000BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.56000TermEndowmentBalanceEOYPct
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$4,651,855OtherCostOrOtherBasisAmt
Depreciation$1,305,169DepreciationAmt
Book Value$3,346,686BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$116,964OtherCostOrOtherBasisAmt
Depreciation$107,856DepreciationAmt
Book Value$9,108BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$459,712OtherCostOrOtherBasisAmt
Depreciation$309,866DepreciationAmt
Book Value$149,846BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,505,840TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,828,248TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$79,545NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$22,500DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$57,045RevenueNotReportedAmt
Revenue Subtotal$5,885,293RevenueSubtotalAmt
Other Revenues Not Included-$28,229OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$28,229RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,857,064TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,594,915TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$22,500DonatedServicesUseFcltsAmt
Other Expenses Included$28,229OtherExpensesIncludedAmt
Expenses Not Reported$50,729ExpensesNotReportedAmt
Expenses Subtotal$4,544,186ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,544,186TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 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 2012. 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, 2015 and 2014.
Part XI, Line 4b - Other Adjustments:DIRECT FUNDRAISING EXPENSES NETTED AGAINST INCOME ON FORM 990 -28,229.
Part XII, Line 2d - Other Adjustments:DIRECT FUNDRAISING EXPENSES NETTED AGAINST INCOME ON FORM 990 28,229.

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)
Event1FROLIC FOR FRIENDSEvent1Nm
Gross Receipts Event1$17,155GrossReceiptsEvent1Amt
Charitable Contri Event1$17,155CharitableContriEvent1Amt
Event2Spring FlingEvent2Nm
Gross Receipts Event2$87,988GrossReceiptsEvent2Amt
Charitable Contri Event2$59,759CharitableContriEvent2Amt
Gross Revenue Event2$28,229GrossRevenueEvent2Amt
Food And Beverage Event2$5,370FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$22,859OtherDirectExpensesEvent2Amt
Gross Receipts Total$105,143GrossReceiptsTotalAmt
Charitable Contributions Tot$76,914CharitableContributionsTotAmt
Gross Revenue Total Events$28,229GrossRevenueTotalEventsAmt
Food And Beverage Total Events$5,370FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$22,859OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$28,229DirectExpenseSummaryEventsAmt
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 AWARDS37$459,429FAIR MARKET VALUETUITION REDUCTION
NEW STUDENT TUITION AWARDS11$94,950FAIR MARKET VALUETUITION REDUCTION
TUITION REMISSION6$73,963FAIR MARKET VALUETUITION REDUCTION
MISCELLANEOUS OTHER TUITION AWARDS5$21,820FAIR MARKET VALUETUITION REDUCTION
LEARNING SUPPORT AID19$54,970FAIR MARKET VALUETUITION REDUCTION
AFTER SCHOOL AND SUMMER PROGRAM AID94$82,326FAIR 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
$33,250SCHOLARSHIP - FINANCIAL AIDFINANCIAL ASSISTANCE
$14,190SCHOLARSHIP - QUAKER AIDQUAKER AID/SCHOLARSHIP

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 Spring 2015.
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 FRIENDSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 Quaker RoadAddressLine1Txt
CityPrincetonCityNm
State AbbreviationNJStateAbbreviationCd
ZIP085404838ZIPCd
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

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