REGENTS SCHOOL OF AUSTIN INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- REGENTS SCHOOL OF AUSTIN INC (EIN 74-2636515)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-13
- IRS object ID
- 201420449349301227
- 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 J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-13T11:05:25-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 743001153 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PMB Helin Donovan LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5918 W Courtyard Dr Suite 500 | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78730 | 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 | 742636515 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents School of Austin Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | REGE | NameControl |
| Phone | 5128998095 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Circle | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78735 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Charles Larkham Treasurer | Name |
| Title | Treasurer of the Board | Title |
| Phone | 5128998095 | Phone |
| Date Signed | 2014-02-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ward Pynn | Name |
| PTIN | P00184378 | PTIN |
| Phone | 5122589670 | Phone |
| Date Prepared | 2014-02-12 | DatePrepared |
| 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 | Charles Larkham | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Circle | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78735 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14809183 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | regents-austin.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | The purpose of Regents School of Austin is to provide a classical and Christian education founded upon and informed by a biblical worldview to approximately 1,000 students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 276 | TotalNbrEmployees |
| Total Nbr Volunteers | 450 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6574096 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2421811 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9445537 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12378546 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -3311 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8826 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16016322 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14809183 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 999826 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7123146 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7952279 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1282387 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5535430 | OtherExpensePriorYear |
| Other Expenses Current Year | 5464773 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12658576 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14416878 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3357746 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 392305 | RevenuesLessExpensesCY |
| Total Assets BOY | 30936776 | TotalAssetsBOY |
| Total Assets EOY | 38842127 | TotalAssetsEOY |
| Total Liabilities BOY | 5615651 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12125381 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 25321125 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 26716746 | NetAssetsOrFundBalancesEOY |
| Mission Description | The purpose of Regents School of Austin is to provide a classical and Christian education founded upon and informed by a biblical worldview to approximately 1,000 students. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 11297326 | Expense |
| Grants | 999826 | Grants |
| Description | To provide quality classical Christian education to approximately 1,000 students. | Description |
| Total Program Service Expense | 11297326 | 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 | 1 | 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 | 1 | 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 | 0 | 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 | 48 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 276 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 0 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 1 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ron Wood | NamePerson |
| Telephone Number | 5128998095 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Cir | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78735 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Greg Gilmore | |||||||
| Chairman of the Board | 2.00 | X | 0 | 0 | 0 | ||
| Angelo Feller | |||||||
| Secretary of the Board | 2.00 | X | 0 | 0 | 0 | ||
| Meg Voelter | |||||||
| Vice Chairman of the Board | 2.00 | X | 0 | 0 | 0 | ||
| Clay Davis | |||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | ||
| Julie Ann Hartman | |||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | ||
| Rich Grafton | |||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | ||
| Charles Larkam | |||||||
| Treasurer of the Board | 2.00 | X | 0 | 0 | 0 | ||
| Barry McBee | |||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | ||
| Ron Wood | |||||||
| CFO/COO | 40.00 | 88298 | 0 | 0 | X | ||
| Rod Gilbert | |||||||
| Head of School | 50.00 | 171996 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 260294 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Zapalac Reed Construction Co | |||||
| 3600 N Capital of TX Hwy Suite B | Austin | TX | 78746 | Construction | 11351897 |
| Casterbridge Tours Limited | |||||
| 32 N Augusta Street | Staunton | VA | 24401 | Travel Agent | 400253 |
| Mobile Modular | |||||
| PO Box 1099 | Edgewood | MD | 21040 | Portable Buildings | 196015 |
| David Bessent Architects Inc | |||||
| 3939 Bee Caves Rd | West Lake Hills | TX | 78746 | Construction | 135414 |
| Maintenance of Austin Inc | |||||
| 8000 Centre Park Dr Ste 120 | Austin | TX | 78754 | Maintenance | 126032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| All Other Contributions | 2421811 | AllOtherContributions |
| Total Contributions | 2421811 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition and fees | 611710 | 11150829 | 11150829 |
| Auxiliary income | 611710 | 1227717 | 1227717 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12378546 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7743 | TotalRevenueColumn |
| Exclusion | $7,743 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1083 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1083 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1083 | TotalRevenueColumn |
| Exclusion | $1,083 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14809183 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12378546 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $8,826 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 999826 | Total |
| Program Services | 999826 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 260293 | Total |
| Program Services | 204932 | ProgramServices |
| Management And General | 52058 | ManagementAndGeneral |
| Fundraising | 3303 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6166517 | Total |
| Program Services | 4854962 | ProgramServices |
| Management And General | 1233296 | ManagementAndGeneral |
| Fundraising | 78259 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1057567 | Total |
| Program Services | 832611 | ProgramServices |
| Management And General | 211535 | ManagementAndGeneral |
| Fundraising | 13421 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 467902 | Total |
| Program Services | 368384 | ProgramServices |
| Management And General | 93579 | ManagementAndGeneral |
| Fundraising | 5939 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53389 | Total |
| Management And General | 53389 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24663 | Total |
| Program Services | 18917 | ProgramServices |
| Management And General | 5746 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20741 | Total |
| Program Services | 20741 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1286130 | Total |
| Program Services | 1235190 | ProgramServices |
| Management And General | 8489 | ManagementAndGeneral |
| Fundraising | 42451 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10303 | Total |
| Management And General | 10303 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 664893 | Total |
| Program Services | 624999 | ProgramServices |
| Management And General | 6649 | ManagementAndGeneral |
| Fundraising | 33245 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67415 | Total |
| Management And General | 67415 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|
| Development Expenses | 997718 | 997718 | |
| Instruction expenses | 974353 | 10466 | 963887 |
| Co-curricular activitie | 568622 | 568622 | |
| Cafe Regents | 384779 | 384779 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 411767 | Total |
| Program Services | 219476 | ProgramServices |
| Management And General | 94706 | ManagementAndGeneral |
| Fundraising | 97585 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14416878 | Total |
| Program Services | 11297326 | ProgramServices |
| Management And General | 1837165 | ManagementAndGeneral |
| Fundraising | 1282387 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6045120 | BOY |
| EOY | 4926194 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1493000 | BOY |
| EOY | 59147 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4053378 | BOY |
| EOY | 1905072 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121108 | BOY |
| EOY | 194362 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 38369722 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7699563 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19155981 | BOY |
| EOY | 30670159 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68189 | BOY |
| EOY | 1087193 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30936776 | BOY |
| EOY | 38842127 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 911340 | BOY |
| EOY | 1274514 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4704311 | BOY |
| EOY | 5112829 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 5738038 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5615651 | BOY |
| EOY | 12125381 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20337439 | BOY |
| EOY | 26716746 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4983686 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25321125 | BOY |
| EOY | 26716746 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30936776 | BOY |
| EOY | 38842127 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 392305 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 5595 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 997721 | ReconcilationOtherChanges |
| 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 Both | X | FinancialStatementBoth |
| 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 | 897398 | BeginningOfYearBalance |
| Contributions | 1265 | Contributions |
| Investment Earnings Or Losses | 103755 | InvestmentEarningsOrLosses |
| Administrative Expenses | 4700 | AdministrativeExpenses |
| End Of Year Balance | 997718 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 609297 | BeginningOfYearBalance |
| Contributions | 290319 | Contributions |
| Investment Earnings Or Losses | 22154 | InvestmentEarningsOrLosses |
| Administrative Expenses | 24372 | AdministrativeExpenses |
| End Of Year Balance | 897398 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 690674 | BeginningOfYearBalance |
| Contributions | 3000 | Contributions |
| Investment Earnings Or Losses | 26822 | InvestmentEarningsOrLosses |
| End Of Year Balance | 720496 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 482510 | BeginningOfYearBalance |
| Contributions | 195940 | Contributions |
| Investment Earnings Or Losses | 12224 | InvestmentEarningsOrLosses |
| End Of Year Balance | 690674 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 495974 | BeginningOfYearBalance |
| Contributions | 48430 | Contributions |
| Investment Earnings Or Losses | -31894 | InvestmentEarningsOrLosses |
| End Of Year Balance | 512510 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7605770 | OtherCostOrOtherBasis |
| Book Value | 7605770 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12900380 | OtherCostOrOtherBasis |
| Depreciation | 4149681 | Depreciation |
| Book Value | 8750699 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2972193 | OtherCostOrOtherBasis |
| Depreciation | 2568638 | Depreciation |
| Book Value | 403555 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14891379 | OtherCostOrOtherBasis |
| Depreciation | 981244 | Depreciation |
| Book Value | 13910135 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 30670159 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Construction Retainage | $1,157,820 |
| Compass Bank - Line of Credit | $2,662,866 |
| Loan Payable | $1,917,352 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5738038 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 13814952 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5595 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 5595 | RevenueNotRptdF990 |
| Revenue Subtotal | 13809357 | RevenueSubtotal |
| Other Revenues Not Included | 999826 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 999826 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14809183 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12419331 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12419331 | ExpensesSubtotal |
| Other Expenses Not Included | 1997547 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1997547 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 14416878 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Uncertain Tax Positions Under FIN 48: | Part X, Line 2: | The School is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code. Unrelated business income, of which the School had no significant amounts for the years ended June 30, 2013 or 2012, is subject to federal income taxes. Accordingly, there is no provision or liability for federal income taxes in the accompanying consolidated financial statements. The School regularly assesses uncertain tax positions in each of the tax jurisdictions in which it has operations and accounts for the related financial statement implications. Unrecognized tax benefits are reported using the two-step approach under which tax effects of a position are recognized only if it is "more-likely-than-not" to be sustained and the amount of the tax benefit recognized is equal to the largest tax benefit that is greater than fifty percent likely of being realized upon ultimate settlement of the tax position. Determining the appropriate level of unrecognized tax benefits requires the School to exercise judgement regarding the uncertain application of tax law. The amount of unrecognized tax benefits is adjusted when information becomes available or when an event occurs indicating a change is appropriate. Future changes in unrecognized tax benefits requirements could have a material impact on the results of operations. The School is generally no longer subject to tax examinations relating to US federal tax returns for years prior to fiscal year ended June 30, 2010. |
| Part XI, Line 4b - Other Adjustments: | Tuition assistance netted against Tuition income 999,826. | |
| Part XII, Line 4b - Other Adjustments: | Regents Endowment Elimination 997,721. Tuition assistance netted against Tuition income 999,826. |
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 | Newspaper and radio ads used to advertise the School's Open Houses included the following statement: "Regents School does not discriminate on the basis of race, color, national or ethnic origin." | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | X | SpecialFundraisingEvents |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Gala | NameOfEvent1 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Tuition Assistance | TypeOfGrant |
| Amount Of Cash Grant | 999826 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
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: Procedures for Monitoring the Use of Grant Funds Individuals requesting financial aid complete a third party application which they send directly to the processing service. Regents School of Austin has used FACTS Grant and Aid Assessment, PO BOX 5688, Lincoln, NE 68505 for the past seven years to process students' requests for financial aid. "FACTS Grant and Aid Assessment" processes applications using methodology similar to the government's FAFSA application for college and university financial aid. Regents School of Austin uses financial need recommendations provided by FACTS Grant and Aid Assessment as a basis for the distribution of available aid funds annually. Grants for tuition assistance are given on a needs-based only basis. Grants are non-discriminatory. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Rod Gilbert | NamePerson |
| Title | Head of School | Title |
| Base Compensation Filing Org | 171996 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 171996 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
Name Of Interested Business NameOfInterestedBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Angelo Feller | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | Director | RelationshipWithOrganization |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | Director Greg Gilmore is the son-in-law of CFO Ron Wood. | |
| Form 990, Part VI, Section A, line 7a | Election of Members and Their Rights Members are not elected but attain that status by virtue of having a child enrolled as a student in Regents School of Austin. Members have all the rights, powers, and privileges accorded to them under Texas law and in the Articles of Incorporation and Bylaws, including the right to vote for the election of one member o the governing Board each year and to participate in the nomination process by signing petitions for candidates for election and recommending names for appointed positions. Members also have the right to appear at the meetings of the Board to raise issues of concern, in consultation with Board Chairman. | |
| Form 990, Part VI, Section B, line 11 | Regents provides a complete and accurate Form 990 to the Board before the return is filed. | |
| Form 990, Part VI, Section B, line 12c | Enforcement of Conflicts Policy Under the Bylaws of Regents School of Austin, each year the members of the Board and all committees are asked to review the school's policy on conflicts of interest found in the Bylaws and sign a statement that they have conducted such a review and are in compliance with the policy, which requires disclosure of any possible conflicts of interest and consideration by the Board of whether a conflict exists, and if so, is permissible as being the best interests of the School on terms that are fair and reasonable to the School. The school is also beginning a process through which all existing contracts and agreements will be reviewed to verify that no conflicts exist and assure that all contracts entered into, whether new or through an amendment to existing agreements, contain language requiring the party contracting with the school to disclose any possible conflicts of interests. | |
| Form 990, Part VI, Section B, line 15 | Compensation Process for Top Official- A compensation committee is appointed biennially by the Board to review the compensation of the Head of School. The review evaluates the performance of the Head in light of the goals that have been collaboratively established by the Head of the School and Board and based on his satisfaction of a series of objective, measurable criteria, with input from the full Board. The committee also compares the Heads compensation to that of the relevant peer groupings based on available data, specifically the aids of comparable privates schools in the Austin area and throughout the State of Texas and public school district superintendents in the Central Texas area. The recommendation of the compensation committee is brought to the full Board for approval. | |
| Form 990, Part VI, Section C, line 19 | The governing documents, which include the conflicts of interest policy, are made available to members of the school and the public on request. The financial statements are reviewed by the Board quarterly in a meeting open to the public. The annual budget for the school, which is developed over the course of two or more meetings open to the public, is finally approved by the Board in a meeting open to the public. | |
| Form 990, Part XI, line 9: | Regents Endowment Elimination 997,721. | Changes in Net Assets or Fund Balances: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents Financial Assistance Endowment Fund (dba Regents Endowment Fund) | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Circle | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78735 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261379582 | EIN |
| Primary Activities | Manage the School's Endowment | PrimaryActivities |
| Legal Domicile State | TX | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents School of Austin | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 1 | 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 | 0 | 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 |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents Endowment | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 1265 | AmountInvolved |
| Method Of Amt Determination | Cost | MethodOfAmtDetermination |
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