2014-05-14T13:33:17-05:00 2013-06-30 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2012-07-01 580593430 Rabun Gap-Nacoochee School % LAURA A CALVERT RABU 7067467467 339 Nacoochee Drive Suite Rabun Gap GA 30568 ANTHONY SGRO 7067467467 2014-05-15 true MARC AZAR 4048746244 2014-05-15 2012 2015-11-30 17:44:51Z Anthony Sgro 339 Nacoochee Drive Rabun Gap GA 30568 21847218 false X www.rabungap.org X 1903 GA Rabun Gap - Nacoochee School combines its strong academic program, mountain setting, and Presbyterian heritage to inspire young people eager to learn and grow. 26 24 179 200 -15071 -15071 711706 2240844 10353709 11194457 1259842 2372118 97085 150100 12422342 15957519 3743684 4262954 0 0 5126505 5135188 0 0 259404 7038070 7324051 15908259 16722193 -3485917 -764674 85466766 88449264 22229630 22376498 63237136 66072766 X RABUN GAP - NACOOCHEE SCHOOL COMBINES ITS STRONG ACADEMIC PROGRAM, MOUNTAIN SETTING, AND PRESBYTERIAN HERITAGE TO INSPIRE YOUNG PEOPLE EAGER TO LEARN AND GROW. LIVING OUR MOTTO, WORK, STUDY, WORSHIP, OUR COMMUNITY NURTURES AND CHALLENGES STUDENTS OF DIVERSE BACKGROUNDS AS THEY PREPARE FOR COLLEGE AND A LIFETIME OF SERVICE. false false 10582391 4262954 10930192 Instruction - Rabun Gap - Nacoochee School is a 100-plus year old independent boarding and day school providing co-education college-preparatory in grades six through twelve that has a covenant relationship with the Presbyterian Church. Rabun Gap - Nacoochee School (RGNS) educated approximately 350 students from 16 countries and 12 states for the current fiscal year with an average class size of 11. The Middle School had an enrollment of approximately 90 boys and girls. International students comprise approximately 20 percent of the student body. The faculty averages 15 years of teaching experience, with an average of 8 years at RGNS. Of the 54 classroom teachers and 7 residential faculty, 75 percent hold graduate degrees or higher. Advanced Placement (AP) courses are offered in all academic departments with over 100 students enrolled in an AP course and the majority of the AP candidates received a score of 3 or higher, making them eligible to receive college credit for their work. With approximately 25 clubs and student organizations, students participate in a wide range of activities. The international students have a diverse range of activities that include all types of generational contribution. 1023068 235626 Auxiliary Services - RGNS provides residential housing in six residence halls on the 1,400 acre campus for the boarding students who make up over 50 percent of the student population. Residence life includes many planned weekend activities, and the halls have amenities such as computer rooms, kitchens, laundry rooms, vending machines, and common areas. In addition, the dining hall serves over 215,000 meals on an annual basis. RGNS also operates a farm that raises cattle. Those students who wish to participate in the operation of the farm learn about agricultural opportunities. In addition, the bookstore and student center operate for the benefit of the students and faculty. 1918459 28639 Student activities and athletics - RGNS participates in a variety of sports programs within the the North Carolina Independent School Athletic Association. All sports continue to compete at high levels, bringing notoriety to the school in many different areas. Of particular note, the school had a winning season for its first ever football team in 2009. The school added wrestling to the sports program during this fiscal year. The performing arts department continues to stress the development of human creative potential for all the students that participate in the programs. 13523918 true true false false false false false false false true true true false true true true true false true false false false false false false false false false true true false false false false true false true false true false false false false true false false false true 26 0 true 179 true true true false false false false false false false false false X 26 24 true false false false false false false true true false false true true true true true false true true false GA X LAURA A CALVERT 7067467467 339 NACOOCHEE DRIVE Rabun Gap GA 30568 X Dr Stephen M Arbitter 1.0 0.0 X Rev G Donald Barber 1.0 0.0 X G Niles Bolton 1.0 0.0 X Margaret F Carton 1.0 0.0 X Monique Cheeks 1.0 0.0 X Dr Ray Cleere 1.0 0.0 X Stell Huie 1.0 0.0 X Fred H Jones 1.0 0.0 X Walter E Mercer 1.0 0.0 X Charles D Moseley Jr 1.0 0.0 X Teresa W Pendergrast 1.0 0.0 X Claude Rickman 1.0 0.0 X John F Smith 1.0 0.0 X Perry Taylor 1.0 0.0 X Terri Todd 1.0 0.0 X Richard Woodruff 1.0 0.0 X Charlie P Underwood 1.0 0.0 X Dr William Clarkson IV 1.0 0.0 X Jesse J Spikes Esq 1.0 0.0 X Gary V Thrift 1.0 0.0 X Robert L Readen Jr 1.0 0.0 X Ritchie Williams 1.0 0.0 X Joseph Brockinton 1.0 0.0 X Steven P Gilliam 1.0 0.0 X Connie Jones 1.0 0.0 X Jianpeng Shi 1.0 0.0 X Dr George Wirth 1.0 0.0 X Vernon Wright 1.0 0.0 X LAURA CALVERT 40.0 0.0 X 112625 0 46184 ANTHONY SGRO 40.0 0.0 X 185362 0 24502 PAIGE SPIVEY 40.0 0.0 X 122321 6507 420308 0 77193 3 false true false Sage Food Service 222 Bosley Avenue TOWSON MD 21204 Food Services 833319 Northern Trust 50 South LaSalle Street CHICAGO IL 60603 Investment Advisors 223000 2 X 2240844 77262 2240844 TUITION REVENUE AND FEES 611600 10930192 10930192 AUXILIARY SERVICES 611710 227068 227068 FARM INCOME 111000 37197 37197 11194457 1524729 1524729 0 0 173907 72933 100974 0 100974 100974 6603179 814 5756604 846575 814 847389 847389 0 0 38639 60162 -21523 -21523 ALTERNATIVE INVESTMENTS-UBIT 525990 70649 -15071 85720 70649 15957519 11172934 -15071 2558812 0 4262954 4262954 0 0 375345 333153 42192 0 3716029 2994766 570868 150395 122330 97180 22663 2487 622572 449882 168825 3865 298912 208382 77706 12824 0 98982 98982 23182 23182 0 0 81502 81502 981 981 139554 40898 86960 11696 271527 227748 29454 14325 0 0 2511460 1922486 588974 275550 167565 90447 17538 0 3101 3101 806111 616505 189606 0 1753652 1341175 412477 224295 168221 56074 DINING SERVICES 722107 722107 OTHER EXPENSES 412047 222547 189500 16722193 13523918 2938871 259404 X 1283868 848794 2806048 4838551 179165 93605 293160 307045 0 0 0 0 0 0 176357 222553 366237 382735 59600956 32130278 27566777 27470678 21188349 22465808 13055707 12138663 0 0 0 0 18551098 19680832 85466766 88449264 540118 1002127 0 0 3887142 4135196 0 0 0 0 0 0 15700000 15700000 0 0 2102370 1539175 22229630 22376498 X 32087269 33191247 2525978 3151265 28623889 29730254 63237136 66072766 85466766 88449264 X -764674 573039 -20434 3047699 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35409019 1140158 1854835 1731136 178661 36494215 40199858 1068511 421667 6281017 35409019 34408501 1319006 6406045 1933694 40199858 49764241 278186 3754373 19388299 34408501 72946768 360684 -17017710 6477666 47835 49764241 0.70000 0.30000 true false 727895 727895 51766707 26219688 25547019 3789790 3403791 385999 3316564 2506799 809765 27470678 ALTERNATIVE INVESTMENTS 12138663 F 12138663 REC. FROM CHARITABLE REM. TR. 991793 INTEREST IN BENEFICIAL TRUSTS 18689039 19680832 0 INTEREST RATE SWAP 1539175 1539175 X 15346462 573039 3180794 3753833 11592629 81502 4283388 4364890 15957519 12510832 133095 133095 12377737 81502 4262954 4344456 16722193 Schedule D, Part V, Line 4 Permanently restricted endowment funds are used predominately for financial aid to the students of the school. Board designated endowment funds are for the general operations of the school. Temporarily restricted endowment funds are donor imposed restrictions of either a time constraint or purpose restriction. The school attempts to meet temporary restrictions as soon as possible. All earnings from the endowed funds are utilized to maintain a superior education and facility for all students attending RGNS. Schedule D, Part X, Line 2 The School is recognized as an organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (the "Code"). Only unrelated business income, as defined by Section 512(a)(1) of the Code is subject to income taxes. During 2013 and 2012, all the activities of the School qualify as exempt activities and do not give rise to unrelated business income. --- The School annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the School takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. --- In the normal course of business, the School is subject to examination by the federal and state taxing authorities. In general, the School is no longer subject to tax examinations for tax years ending before June 30, 2010. Schedule D, Part XI, Line 2d 1,354,769 Partnership Distributions 563,196 + Interest Rate Swap 1,129,734 + Split Value Interest 72,933 + Expenses assoc. with rental activity 60,162 + Expenses assoc. with bookstore activity ------------- 3,180,794 Schedule D, Part XI, Line 4b Other amounts 4,262,954 - Financial Aid netted against income for audited financial statement purposes but on the expense schedule for tax purposes. 20,434 - Change in reserve for uncollectible pledges ---------- 4,283,388 Schedule D, Part XII, Line 2d Other 72,933 Rental Expense 60,162 Inventory Expense ----------- 133,095 Schedule D, Part XII, line 4b 4,262,954 - Financial Aid netted against income for audited financial statement purposes but on the expense schedule for tax purposes true true true true true true true false false false false false false false false false false true Schedule E, Line 3 It is the policy of the school that at any time during the year that an advertisement is published, the nondiscrimination policy is included in the advertisement. In addition, the policy is included on the school's website. false Scholarships and Financial Assistance to Students 253 4262954 FMV N/A Schedule I, Part I, Line I Schedule I, Part I, Line I Funds are provided to students based on need. X X X false true X X X false false false false false false false false false LAURA CALVERT 112625 0 0 0 0 0 5838 0 40853 0 159316 0 0 0 ANTHONY SGRO 182210 0 0 0 3152 0 9545 0 15465 0 210372 0 0 0 Schedule J, Part I, Line 1a Head of School is required to live on campus in a home provided by the school. In addition to the home, the school provides maid and nanny services to the head of school. The school also provides for payment of membership fees for the officer to conduct various business matters. na n/a 45873 tuition discount tuition discount Jennifer Jones Spouse of Trustee 45000 Compensation false Cheryl Barber Spouse of Trustee 48960 Compensation false false true false Form 990, Part VI, Line 2 Form 990, Part VI, Line 2-FAMILY RELATIONSHIP The following board members are brother/sister: Teresa Pendergrast and Ritchie Williams Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b-Review of Form 990 The Form 990 will be reviewed by the audit committee of the board and then made available to the entire board prior to filing the return with the internal Revenue service. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c-Monitoring of conflict of interest On an annual basis all board of trustee members are required to sign a statement that they are independent with respect to the school. Each of the board members makes this affirmative statement with the understanding that the school must maintain a governing body that is acting on behalf of the well-being of the institution. Form 990, Part VI, Line 15a & 15b Form 990, Part VI, Line 15a & 15b-Compensation The Board of Trustees and the executive committee review the activities of the Head of School on an annual basis and the use of the criteria established from the prior year to evaluate the effectiveness of the position and set criteria for the coming year. The results are communicated to the head of school along with suggestions for enhancing the experience of students for all key employees. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19-Documents available to public The school makes available for public inspection its tax filings and other information to the public upon request and at its Business office during regular business hours. Form 990, Part XI, Line 9 Form 990, Part XI, Line 9-Other chgs in net assets or fund balances 1,354,769 + Partnership Distributions 563,196 + Interest Rate Swap 1,129,734 + Split Value Interest -------------- 3,047,699 Other changes in net assets of fund balances Rabun Gap-Nacoochee Guild Inc 4420 NORTHSIDE CHASE ATLANTA GA 30327 581794615 Fundraising GA 501(C)(3) 11 NA false TR Rabun Gap NSCampbell SUNTRUST BANK PO BOX 1908 ORLANDO FL 32802 586026048 INVESTMENT GA SUNTRUST BANK TRUST 770387 16338465 1.00000 false THE GILMER FUND SUNTRUST BANK PO BOX 1908 ORLANDO FL 32802 586026049 INVESTMENT GA SUNTRUST BANK TRUST 0 25632 1.00000 false MASON MEMORIAL FUND SUNTRUST BANK PO BOX 1908 ORLANDO FL 32802 586026050 INVESTMENT GA SUNTRUST BANK TRUST 1057 112821 1.00000 false ADDIE CORN RITCHIE MEMORIAL SCH FD SUNTRUST BANK PO BOX 1908 ORLANDO FL 32802 586050899 INVESTMENT GA SUNTRUST BANK TRUST 0 1652 1.00000 false THURMAN M WALDROP IRREV TR PO BOX 40200 MAILSTOP FL9-100-10-1 JACKSONVILLE FL 32203 597265965 GRANTS FL NA TRUST 14928 256874 0.50000 false CHARITABLE REMAINDER UNITRUSTS (3) INVESTMENT GA VARIOUS TRUST false false false true false false false false false false false false false false false false false false false RABUN GAP-NACOOCHEE GUILD INC C 5341 Donation