BUXTON SCHOOL INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: BUXTON SCHOOL INC (EIN 04-2219425)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2014-11-13
IRS object ID: 201403179349304070
Schema version: 2013v3.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-11-13T14:03:59-06:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	205711238	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ADELSON & COMPANY PC	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 NORTH ST	AddressLine1
City	PITTSFIELD	City
State	MA	State
ZIP Code	01201	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042219425	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BUXTON SCHOOLINC	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	BUXT	BusinessNameControlTxt
Phone	4134583919	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	291 SOUTH STREET	AddressLine1
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PETER SMITH	PersonNm
Person Title	DIRECTOR, TRUSTEE	PersonTitleTxt
Phone	4134583919	PhoneNum
Signature	2014-11-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CAROL LEIBINGER-HEALEY CPA	PreparerPersonNm
PTIN	P00849882	PTIN
Phone	4134436408	PhoneNum
Preparation	2014-11-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	PETER SMITH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	291 SOUTH STREET	AddressLine1
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$5,533,985	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.BUXTONSCHOOL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1950	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE EDUCATION OF SECONDARY SCHOOL STUDENTS	ActivityOrMissionDesc
Voting Members Governing Body	17	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	60	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$340,488	PYContributionsGrantsAmt
CY Contributions Grants	$315,422	CYContributionsGrantsAmt
PY Program Service Revenue	$4,104,124	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,468,350	CYProgramServiceRevenueAmt
PY Investment Income	$193,969	PYInvestmentIncomeAmt
CY Investment Income	$279,298	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$4,638,581	PYTotalRevenueAmt
CY Total Revenue	$5,063,070	CYTotalRevenueAmt
PY Grants And Similar Paid	$2,023,921	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,168,438	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,749,418	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,811,639	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$152,658	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,133,209	PYOtherExpensesAmt
CY Other Expenses	$1,200,127	CYOtherExpensesAmt
PY Total Expenses	$4,906,548	PYTotalExpensesAmt
CY Total Expenses	$5,180,204	CYTotalExpensesAmt
PY Revenues Less Expenses	-$267,967	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$117,134	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,078,664	TotalAssetsBOYAmt
Total Assets EOY	$7,018,587	TotalAssetsEOYAmt
Total Liabilities BOY	$2,275,453	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,197,602	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,803,211	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,820,985	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE EDUCATION OF SECONDARY SCHOOL STUDENTS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,470,931	ExpenseAmt
Grant	$2,168,438	GrantAmt
Revenue	$4,468,350	RevenueAmt
Desc	TEACHING AND STUDENT ACTIVITIES, OPERATION OF A SECONDARY SCHOOL TO ASSIST IN THE OVERALL DEVELOPMENT OF STUDENTS INCLUDING KITCHEN & OPERATIONS FACILITY EXPENSES IN SUPPORT OF THE TEACHING AND STUDENT ACTIVITIES PROGRAM	Desc
Total Program Service Expenses	$4,470,931	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	15	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	60	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	0	Form8899Filedind
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	17	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	4134583919	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	291 SOUTH ST	AddressLine1
City	WILLIAMSTOWN	City
State	MA	State
ZIP Code	01267	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
B GRAEME FINCKE MD
PRESIDENT	1.50	Yes (X)	Yes (X)	$0	$0	$0
NANCY E GLOWA ESQ
VICE PRESIDENT	1.50	Yes (X)	Yes (X)	$0	$0	$0
ISAAC ZAUR
TREASURER	1.50	Yes (X)	Yes (X)	$0	$0	$0
SUSAN MERRETT
SECRETARY	1.50	Yes (X)	Yes (X)	$0	$0	$0
DIANA HITT POTTER
CLERK	1.50	Yes (X)	Yes (X)	$0	$0	$0
HORATIO R POTTER
TRUSTEE	1.50	Yes (X)		$0	$0	$0
AMANDA ROSS
TRUSTEE	1.50	Yes (X)		$0	$0	$0
ANDREA CURRIER
TRUSTEE	1.50	Yes (X)		$0	$0	$0
RUTH DUELL
TRUSTEE	1.50	Yes (X)		$0	$0	$0
KESTER HODGE
TRUSTEE	1.50	Yes (X)		$0	$0	$0
NANCY NEWBERGER
TRUSTEE	1.50	Yes (X)		$0	$0	$0
DAVID DONALDSON
TRUSTEE	1.50	Yes (X)		$0	$0	$0
WILLIAM MORSE
TRUSTEE	1.50	Yes (X)		$0	$0	$0
NANCY RULLO
TRUSTEE	1.50	Yes (X)		$0	$0	$0
C WILLIAM BENNETT
DIRECTOR EMERITUS	40.00		Yes (X)	$69,358	$0	$15,168
FRANNY SHUKER-HAINES
ASSOCIATE DIRECTOR	40.00		Yes (X)	$57,928	$0	$23,852
PETER SMITH
DIRECTOR	40.00		Yes (X)	$69,500	$0	$25,280

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$196,786	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$64,300	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$315,422	AllOtherContributionsAmt
Noncash Contributions	$24,933	NoncashContributionsAmt
Total Contributions	$315,422	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	900099	$4,268,340	$4,268,340
ACTIVITY FEES	900099	$161,466	$161,466
BOOK REVENUE	900099	$38,544	$38,544

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,468,350	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$127,818	TotalRevenueColumnAmt
Exclusion	$127,818	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$619,395	SecuritiesAmt
Other	$3,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$470,915	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$148,480	SecuritiesAmt
Other	$3,000	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$151,480	TotalRevenueColumnAmt
Exclusion	$151,480	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,063,070	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,468,350	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$279,298	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$2,168,438	TotalAmt
Program Services	$2,168,438	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$258,395	TotalAmt
Program Services	$258,395	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,184,115	TotalAmt
Program Services	$905,346	ProgramServicesAmt
Management And General	$196,769	ManagementAndGeneralAmt
Fundraising	$82,000	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$263,350	TotalAmt
Program Services	$181,894	ProgramServicesAmt
Management And General	$64,410	ManagementAndGeneralAmt
Fundraising	$17,046	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$105,779	TotalAmt
Program Services	$84,053	ProgramServicesAmt
Management And General	$15,332	ManagementAndGeneralAmt
Fundraising	$6,394	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$418	TotalAmt
Management And General	$418	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$20,000	TotalAmt
Management And General	$20,000	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$36,515	TotalAmt
Management And General	$36,515	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$32,790	TotalAmt
Management And General	$32,790	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$51,439	TotalAmt
Program Services	$20,773	ProgramServicesAmt
Management And General	$21,918	ManagementAndGeneralAmt
Fundraising	$8,748	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$47,221	TotalAmt
Program Services	$9,782	ProgramServicesAmt
Management And General	$22,979	ManagementAndGeneralAmt
Fundraising	$14,460	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$281,803	TotalAmt
Program Services	$281,803	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$40,131	TotalAmt
Management And General	$40,131	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$133,761	TotalAmt
Program Services	$133,761	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$41,078	TotalAmt
Management And General	$41,078	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
TEACHING & STUDENT ACTI	$163,196	$163,196
FOOD & KITCHEN SUPPLIES	$146,168	$146,168
PROFESSIONAL DEVELOPMEN	$46,261	$31,172	$11,239	$3,850
TELEPHONE	$19,850	$6,921	$8,408	$4,521

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$139,496	TotalAmt
Program Services	$79,229	ProgramServicesAmt
Management And General	$44,628	ManagementAndGeneralAmt
Fundraising	$15,639	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,180,204	TotalAmt
Program Services	$4,470,931	ProgramServicesAmt
Management And General	$556,615	ManagementAndGeneralAmt
Fundraising	$152,658	FundraisingAmt

Field	Value	IRS element (for citing)
Joint Costs	Yes (X)	JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$606	BOYAmt
EOY	$503	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$180,004	BOYAmt
EOY	$122,175	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$12,832	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$764,895	BOYAmt
EOY	$811,667	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$8,391	BOYAmt
EOY	$3,919	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$13,135	BOYAmt
EOY	$35,626	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,351,763	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,305,845	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,141,683	BOYAmt
EOY	$3,045,918	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,813,015	BOYAmt
EOY	$2,876,442	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$144,103	BOYAmt
EOY	$122,337	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,078,664	BOYAmt
EOY	$7,018,587	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$38,014	BOYAmt
EOY	$5,319	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,287,439	BOYAmt
EOY	$1,242,283	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$950,000	BOYAmt
EOY	$950,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,275,453	BOYAmt
EOY	$2,197,602	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,174,029	BOYAmt
EOY	$2,977,791	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$869,367	BOYAmt
EOY	$966,913	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$759,815	BOYAmt
EOY	$876,281	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,803,211	BOYAmt
EOY	$4,820,985	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,078,664	BOYAmt
EOY	$7,018,587	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$117,134	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$134,908	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

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)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$759,815	BeginningYearBalanceAmt
Contributions	$32,742	ContributionsAmt
Investment Earnings Or Losses	$92,824	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$876,281	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$619,935	BeginningYearBalanceAmt
Contributions	$40,900	ContributionsAmt
Investment Earnings Or Losses	$108,080	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$759,815	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$602,329	BeginningYearBalanceAmt
Contributions	$12,205	ContributionsAmt
Investment Earnings Or Losses	$14,501	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$619,935	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$476,992	BeginningYearBalanceAmt
Contributions	$32,000	ContributionsAmt
Investment Earnings Or Losses	$102,437	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$602,329	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$441,092	BeginningYearBalanceAmt
Contributions	$22,000	ContributionsAmt
Investment Earnings Or Losses	$23,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,100	GrantsOrScholarshipsAmt
End Year Balance	$476,992	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$199,000	OtherCostOrOtherBasisAmt
Book Value	$199,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,682,156	OtherCostOrOtherBasisAmt
Depreciation	$1,920,966	DepreciationAmt
Book Value	$2,761,190	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$234,748	OtherCostOrOtherBasisAmt
Depreciation	$181,652	DepreciationAmt
Book Value	$53,096	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$235,859	OtherCostOrOtherBasisAmt
Depreciation	$203,227	DepreciationAmt
Book Value	$32,632	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$3,045,918	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$2,993,025	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$134,908	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$134,908	RevenueNotReportedAmt
Revenue Subtotal	$2,858,117	RevenueSubtotalAmt
Investment Expenses Not Incld	$36,515	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$2,168,438	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$2,204,953	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$5,063,070	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,975,251	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,975,251	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$36,515	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$2,168,438	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$2,204,953	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,180,204	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	THE ENDOWMENT CONSISTS OF INDIVIDUAL DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE RESTRICTIONS INCLUDE SCHOLARSHIPS, FACULTY ENRICHMENT AND GENERAL ENDOWMENT.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS GRANTED TO STUDENTS 2,168,438.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS GRANTED TO STUDENTS 2,168,438.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	0	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	0	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE E, PART I, LINE 3	FormAndLineReferenceDesc
Explanation	THE SCHOOL DRAWS A SUBSTANIAL PERCENTAGE OF ITS STUDENTS FROM THE NORTHEAST SECTION OF THE NATION. THE SCHOOL FOLLOWS A RACIAL NONDISCRIMINATORY POLICY AND COMPLIES WITH SECTION 4.02	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS BASED ON NEED	GrantTypeTxt
Recipient	23	RecipientCnt
Non Cash Assistance	$2,008,376	NonCashAssistanceAmt
Valuation Method Used	STANDARD SCHOOL TUITION	ValuationMethodUsedDesc
Non Cash Assistance	TUITION CREDIT	NonCashAssistanceDesc

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	DIANA HITT POTTER, CLERK AND TRUSTEE, IS MOTHER TO HORATIO R. POTTER, TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 11	A COPY OF THE 990 WILL BE DISTRIBUTED TO ALL BOARD MEMBERS FOR APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	EACH DIRECTOR, BOARD MEMBER, OFFICER, EMPLOYEE AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THEY HAVE RECIEVED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON OR MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL INVESTIGATE THE POSSIBLE CONFLICT AND HAS THE AUTHORITY UNDER THE POLICY TO TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.