PRINCETON FRIENDS SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PRINCETON FRIENDS SCHOOL (EIN 22-2790041)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-12
- IRS object ID
- 201401329349303120
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-12T14:04:00-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 210650289 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KLATZKIN & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1670 WHITEHORSE HAM SQ RD | AddressLine1 |
| City | HAMILTON | City |
| State | NJ | State |
| ZIP Code | 086903513 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222790041 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRINCETON FRIENDS SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRIN | NameControl |
| Phone | 6096831194 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 QUAKER ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jane Fremon | Name |
| Title | Executive Director | Title |
| Phone | 6096831194 | Phone |
| Date Signed | 2014-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS MARTIN | Name |
| PTIN | P00123816 | PTIN |
| Phone | 6098909189 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Jane Fremon | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 QUAKER ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6123287 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | princetonfriendsschool.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | Princeton Friends School is organized as an educational and charitable organization, offering classes to day students in nursery through 8th grade. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 102 | TotalNbrEmployees |
| Total Nbr Volunteers | 35 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 397175 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2303101 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3676968 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3757819 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 50855 | InvestmentIncomePriorYear |
| Investment Income Current Year | 53020 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1191 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4126189 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6113940 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 599521 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 716621 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2247446 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2318177 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 144106 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1244495 | OtherExpensePriorYear |
| Other Expenses Current Year | 1262717 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4091462 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4297515 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 34727 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1816425 | RevenuesLessExpensesCY |
| Total Assets BOY | 6737389 | TotalAssetsBOY |
| Total Assets EOY | 8708093 | TotalAssetsEOY |
| Total Liabilities BOY | 870002 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 923647 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5867387 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7784446 | NetAssetsOrFundBalancesEOY |
| Mission Description | PRINCETON FRIENDS SCHOOL IS ORGANIZED AS AN EDUCATIONAL AND CHARITABLE ORGANIZATION, OFFERING CLASSES TO DAY STUDENTS IN NURSERY THROUGH 8TH GRADE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2755570 | Expense |
| Grants | 716621 | Grants |
| Revenue | 3757819 | Revenue |
| Description | 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. | Description |
| Total Program Service Expense | 2755570 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 102 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRINCETON FRIENDS SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6096831194 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 QUAKER ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MARNA MATTHEWS | ||||||
| CLERK | 2.00 | 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 |
| TONY CAPOZZOLI | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BRAD NICHOLSON | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MICHAEL ROBERTSON | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BURGESS EKMAN-GUNN | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| CAROL CHIRSTOFFERSON | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| LILIAN GROSZ | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ED SNYDER | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JOSH PEEK | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MARINA SCUDDER | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ERIK GRISSOM | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JEAN SASHIHARA | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ABHIK HUQ | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MIKE PRIMO | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MARCIA WILLSIE | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MATT ZISK | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| SANJAY PALNITKAR | ||||||
| MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JANE FREMON | ||||||
| SCHOOL HEAD | 40.00 | X | 105590 | 0 | 12855 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 105590 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 12855 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 42926 | FundraisingEvents |
| All Other Contributions | 2260175 | AllOtherContributions |
| Noncash Contributions | 25035 | NoncashContributions |
| Total Contributions | 2303101 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 3135699 | 3135699 |
| AFTER SCHOOL PROGRAMS | 900099 | 585742 | 585742 |
| STUDENT ACTIVITIES | 900099 | 23277 | 23277 |
| MISCELLANEOUS | 900099 | 13101 | 13101 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3757819 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 53020 | TotalRevenueColumn |
| Exclusion | $53,020 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 9347 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 42926 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 9347 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6113940 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3757819 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $53,020 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 716621 | Total |
| Program Services | 716621 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127572 | Total |
| Management And General | 127572 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1794689 | Total |
| Program Services | 1198251 | ProgramServices |
| Management And General | 529313 | ManagementAndGeneral |
| Fundraising | 67125 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71475 | Total |
| Program Services | 51128 | ProgramServices |
| Management And General | 18415 | ManagementAndGeneral |
| Fundraising | 1932 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164648 | Total |
| Program Services | 113743 | ProgramServices |
| Management And General | 46608 | ManagementAndGeneral |
| Fundraising | 4297 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159793 | Total |
| Program Services | 101349 | ProgramServices |
| Management And General | 53415 | ManagementAndGeneral |
| Fundraising | 5029 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23326 | Total |
| Management And General | 23326 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24851 | Total |
| Management And General | 24851 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187152 | Total |
| Program Services | 51969 | ProgramServices |
| Management And General | 118681 | ManagementAndGeneral |
| Fundraising | 16502 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307101 | Total |
| Program Services | 119435 | ProgramServices |
| Management And General | 187666 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29204 | Total |
| Program Services | 17585 | ProgramServices |
| Management And General | 10884 | ManagementAndGeneral |
| Fundraising | 735 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133573 | Total |
| Management And General | 133573 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50073 | Total |
| Management And General | 50073 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| AFTER SCHOOL PROGRAM | 302337 | 302337 | ||
| STUDENT ACTIVITIES | 83152 | 83152 | ||
| MISCELLANEOUS | 45694 | 8747 | 36947 | |
| BAD DEBT | 29914 | 29914 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46340 | Total |
| Management And General | 34801 | ManagementAndGeneral |
| Fundraising | 11539 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4297515 | Total |
| Program Services | 2755570 | ProgramServices |
| Management And General | 1397839 | ManagementAndGeneral |
| Fundraising | 144106 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 421113 | BOY |
| EOY | 521973 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1153768 | BOY |
| EOY | 1159641 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10998 | BOY |
| EOY | 1490036 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85560 | BOY |
| EOY | 85378 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5555 | BOY |
| EOY | 7511 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5101005 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1464356 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3714998 | BOY |
| EOY | 3636649 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1250158 | BOY |
| EOY | 1785270 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95239 | BOY |
| EOY | 21635 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6737389 | BOY |
| EOY | 8708093 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 305752 | BOY |
| EOY | 317331 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 564250 | BOY |
| EOY | 606316 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 870002 | BOY |
| EOY | 923647 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5204711 | BOY |
| EOY | 5501653 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 662676 | BOY |
| EOY | 2282793 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5867387 | BOY |
| EOY | 7784446 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6737389 | BOY |
| EOY | 8708093 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1816425 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 100634 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1285006 | BeginningOfYearBalance |
| Contributions | 1806308 | Contributions |
| Investment Earnings Or Losses | 147780 | InvestmentEarningsOrLosses |
| Other Expenditures | 88006 | OtherExpenditures |
| End Of Year Balance | 3151088 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1321930 | BeginningOfYearBalance |
| Contributions | 24564 | Contributions |
| Investment Earnings Or Losses | -6988 | InvestmentEarningsOrLosses |
| Other Expenditures | 54500 | OtherExpenditures |
| End Of Year Balance | 1285006 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1095867 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 290917 | InvestmentEarningsOrLosses |
| Other Expenditures | 56854 | OtherExpenditures |
| Administrative Expenses | 8000 | AdministrativeExpenses |
| End Of Year Balance | 1321930 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 985749 | BeginningOfYearBalance |
| Contributions | 30100 | Contributions |
| Investment Earnings Or Losses | 140438 | InvestmentEarningsOrLosses |
| Other Expenditures | 60420 | OtherExpenditures |
| End Of Year Balance | 1095867 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1299955 | BeginningOfYearBalance |
| Contributions | 100 | Contributions |
| Investment Earnings Or Losses | -237011 | InvestmentEarningsOrLosses |
| Other Expenditures | 64650 | OtherExpenditures |
| Administrative Expenses | 12645 | AdministrativeExpenses |
| End Of Year Balance | 985749 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.29000 | BoardDesignatedEOYBalance |
| Term Endowment EOY Balance | 0.71000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 200 | InvestmentCostOrOtherBasis |
| Book Value | 200 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4612116 | OtherCostOrOtherBasis |
| Depreciation | 1066635 | Depreciation |
| Book Value | 3545481 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 114664 | OtherCostOrOtherBasis |
| Depreciation | 105414 | Depreciation |
| Book Value | 9250 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 374025 | OtherCostOrOtherBasis |
| Depreciation | 292307 | Depreciation |
| Book Value | 81718 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3636649 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNEARNED TUITION | Description |
| Amount | $606,316 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 606316 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 6246421 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 100634 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 22500 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 123134 | RevenueNotRptdF990 |
| Revenue Subtotal | 6123287 | RevenueSubtotal |
| Other Revenues Not Included | -9347 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -9347 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6113940 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4329362 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 22500 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 9347 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 31847 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4297515 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4297515 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | 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. |
| Description of Uncertain Tax Positions Under FIN 48: | 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 2010. 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, 2013 and 2012. |
| Part XI, Line 4b - Other Adjustments: | DIRECT FUNDRAISING EXPENSES, NETTED AGAINST INCOME ON FORM 990 -9,347. | |
| Part XII, Line 2d - Other Adjustments: | DIRECT FUNDRAISING EXPENSES, NETTED AGAINST INCOME ON FORM 990 9,347. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Explanation of Nondiscriminatory Policy Publication | Identifier |
| Return Reference | Schedule E, Part I, Line 3 | ReturnReference |
| Explanation | 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. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FROLIC FOR FRIENDS | NameOfEvent1 |
| Gross Receipts Event1 | 43970 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 41441 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 2529 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 2529 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 43970 | GrossReceiptsTotal |
| Charitable Contributions Total | 41441 | CharitableContributionsTotal |
| Gross Revenue Total Events | 2529 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 2529 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 2529 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| RETURNING STUDENT TUITION AWARDS | 41 | 478060 | FAIR MARKET VALUE | TUITION REDUCTION |
| NEW STUDENT TUITION AWARDS | 2 | 16100 | FAIR MARKET VALUE | TUITION REDUCTION |
| TUITION REMISSION | 7 | 68636 | FAIR MARKET VALUE | TUITION REDUCTION |
| MISCELLANEOUS OTHER TUITION AWARDS | 6 | 20365 | FAIR MARKET VALUE | TUITION REDUCTION |
| LEARNING SUPPORT AID | 18 | 50160 | FAIR MARKET VALUE | TUITION REDUCTION |
| AFTER SCHOOL AND SUMMER PROGRAM AID | 65 | 83300 | FAIR MARKET VALUE | TUITION REDUCTION |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, 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. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance | Purpose Of AssistancePurposeOfAssistance |
|---|---|---|
| 35400 | SCHOLARSHIP - FINANCIAL AID | FINANCIAL ASSISTANCE |
| 15040 | SCHOLARSHIP - QUAKER AID | QUAKER AID/SCHOLARSHIP |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25035 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributions: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | As required, for each security the Organization treated each separate gift (rather than each share received) as a contribution for Schedule M reporting purposes. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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 the New Jersey Association of Independent Schools(NJAIS), Friends Council on Education (FCOE), and Princeton area independent schools. This is done annually; the last time was in June 2012. 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. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRINCETON MONTHLY MEETING OF THE RELIGIOUS ORDER OF FRIENDS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 Quaker Road | AddressLine1 |
| City | Princeton | City |
| State | NJ | State |
| ZIP Code | 085404838 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 210738425 | EIN |
| Primary Activities | church/place of worship | PrimaryActivities |
| Legal Domicile State | NJ | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 1 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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