SPEYER LEGACY SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SPEYER LEGACY SCHOOL (EIN 26-4274070)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201421359349309162
- Schema version
- 2012v2.2
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T06:19:11-00:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ketcham and Associates | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2610 | AddressLine1 |
| City | Westfield | City |
| State | NJ | State |
| ZIP Code | 07091 | 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 | 264274070 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPEYER LEGACY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SPEY | NameControl |
| Phone | 2125814000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 West 86th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10024 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Esther Kogan | Name |
| Title | Dean of Faculty | Title |
| Date Signed | 2014-05-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steven Ketcham CPA | Name |
| Phone | 9082324618 | Phone |
| Date Prepared | 2014-05-15 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Esther Kogan | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 West 86th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10024 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6078848 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.speyerlegacyschool.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2009 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | The Speyer Legacy School was founded in 2009 as a non-profit institution. The Organizations mission is to provide an optimal environment where advanced learners may realize their full potential in the company of both exceptional classmates and teachers who share, and will foster, their passion for learning. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 65 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1691289 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1683753 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2895814 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4137399 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 192 | InvestmentIncomePriorYear |
| Investment Income Current Year | 620 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 71292 | OtherRevenuePriorYear |
| Other Revenue Current Year | 205909 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4658587 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6027681 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1183300 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1451000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2315746 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3261070 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 397933 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1244465 | OtherExpensePriorYear |
| Other Expenses Current Year | 1443956 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4743511 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6156026 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -84924 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -128345 | RevenuesLessExpensesCY |
| Total Assets BOY | 912550 | TotalAssetsBOY |
| Total Assets EOY | 7905019 | TotalAssetsEOY |
| Total Liabilities BOY | 1328961 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8398605 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -416411 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -493586 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Speyer Legacy School is devoted to providing an optimal environment where advanced learners may realize their full potential in the company of both exceptional classmates and teachers who share, and will foster, their passion for learning. Speyer is dedicated to cultivating both intellect and integrity in equal measure. Children will enter with a wide range of interests, strengths, challenges and perspectives. It is the Schools goal that they leave more confident and developed in their individuality. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 4894879 | Expense |
| Description | To provide education to advanced learners from kindergarten through 8th grade Achievements 1 Increased enrollment from 26 students initially to 63 students 2 Awarded 290,500 in financial assistance and scholarships to qualifying students 3 Recognized by Blackboard Awards as a New and Noteworthy Elementary for 2009 4 Created collaborations with neighboring and related schools for community service and for shared resources 5 Research project is in process about Best Practices in elementary math, science and technology education for advanced learners. 6 Outstanding School for Gifted Education for 2010 7 The Speyer Legacy School has been featured in a segment on NYC life about Nutrition Education | Description |
| Total Program Service Expense | 4894879 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 27 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 65 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Esther Kogan | NamePerson |
| Telephone Number | 2125814000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 West 86th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10024 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| Kelly Posner Gerstenhaver | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Jennifer Selendy | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Melissa Hilfters | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Malena Belafonte | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Scott Molin | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Tom Allon | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Richard Barter | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Tanya Beder | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Judy Rizzo | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Shari Spiegel | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Richard Attias | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Michael Eastwood | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Kelly Mallon | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Stacy Pratt | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Richard Robb | |||||||
| Board of Director | 005.00 | X | 0 | 0 | 0 | ||
| Esther Kogan | |||||||
| Dean of Faculty | 040.00 | 157594 | 0 | 0 | X | ||
| Connie Burton | |||||||
| Head of Lower School | 040.00 | 133366 | 0 | 0 | X | ||
| Daniel Brewer | |||||||
| Chief Advancement Officer | 040.00 | 143323 | 0 | 0 | X | ||
| Paul Deards | |||||||
| Director | 040.00 | 110000 | 0 | 0 | X | ||
| Katherine Trotzuk | |||||||
| Director | 040.00 | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 544283 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 1683753 | AllOtherContributions |
| Total Contributions | 1683753 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Application fees | 611600 | 19262 | 19262 |
| Tuition | 611600 | 4113906 | 4113906 |
| Other income | 611600 | 4231 | 4231 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4137399 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 620 | TotalRevenueColumn |
| Exclusion | $620 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 257076 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 51167 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 205909 | TotalRevenueColumn |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6027681 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4137399 | RelatedOrExemptFunctionIncome |
| Exclusion | $620 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1451000 | Total |
| Program Services | 1451000 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2650636 | Total |
| Program Services | 1959250 | ProgramServices |
| Management And General | 501444 | ManagementAndGeneral |
| Fundraising | 189942 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 402160 | Total |
| Program Services | 275219 | ProgramServices |
| Management And General | 105243 | ManagementAndGeneral |
| Fundraising | 21698 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208274 | Total |
| Program Services | 155107 | ProgramServices |
| Management And General | 38850 | ManagementAndGeneral |
| Fundraising | 14317 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 495038 | Total |
| Program Services | 430185 | ProgramServices |
| Management And General | 27857 | ManagementAndGeneral |
| Fundraising | 36996 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24508 | Total |
| Program Services | 23998 | ProgramServices |
| Management And General | 390 | ManagementAndGeneral |
| Fundraising | 120 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67578 | Total |
| Program Services | 17457 | ProgramServices |
| Management And General | 35262 | ManagementAndGeneral |
| Fundraising | 14859 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4000 | Total |
| Program Services | 3000 | ProgramServices |
| Fundraising | 1000 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 346999 | Total |
| Program Services | 248801 | ProgramServices |
| Management And General | 58459 | ManagementAndGeneral |
| Fundraising | 39739 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3050 | Total |
| Program Services | 2108 | ProgramServices |
| Management And General | 825 | ManagementAndGeneral |
| Fundraising | 117 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30736 | Total |
| Program Services | 27404 | ProgramServices |
| Management And General | 2204 | ManagementAndGeneral |
| Fundraising | 1128 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99595 | Total |
| Program Services | 79676 | ProgramServices |
| Management And General | 14939 | ManagementAndGeneral |
| Fundraising | 4980 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Bank and payroll charges | 43227 | 3056 | 26147 | 14024 |
| Dues, memberships, subscriptions | 22824 | 19962 | 913 | 1949 |
| Field trips | 23053 | 23053 | ||
| Insurance | 75180 | 18602 | 50681 | 5897 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208168 | Total |
| Program Services | 157001 | ProgramServices |
| Fundraising | 51167 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6156026 | Total |
| Program Services | 4894879 | ProgramServices |
| Management And General | 863214 | ManagementAndGeneral |
| Fundraising | 397933 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 508707 | BOY |
| EOY | 444499 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112825 | BOY |
| EOY | 1846 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9260 | BOY |
| EOY | 215452 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 20547 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1845 | BOY |
| EOY | 41972 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7233608 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 314236 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271620 | BOY |
| EOY | 6919372 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3793 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4500 | BOY |
| EOY | 261331 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 912550 | BOY |
| EOY | 7905019 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46314 | BOY |
| EOY | 4202843 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1282647 | BOY |
| EOY | 2188562 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2007200 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1328961 | BOY |
| EOY | 8398605 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -441661 | BOY |
| EOY | -493586 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25250 | BOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -416411 | BOY |
| EOY | -493586 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 912550 | BOY |
| EOY | 7905019 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -128345 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Pertcentage170 | 0.00000 | PublicSupportPertcentage170 |
| Public Support Percentage509 | 0.00000 | PublicSupportPercentage509 |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Included On FS | false | IncludedOnFS |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6896934 | OtherCostOrOtherBasis |
| Depreciation | 130363 | Depreciation |
| Book Value | 6766571 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 336674 | OtherCostOrOtherBasis |
| Depreciation | 183873 | Depreciation |
| Book Value | 152801 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6919372 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription |
|---|
| Federal income taxes |
| Lease payable |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Various | NameOfEvent1 |
| Gross Receipts Event1 | 257076 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 257076 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 51167 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 257076 | GrossReceiptsTotal |
| Gross Revenue Total Events | 257076 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 51167 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 51167 | DirectExpenseSummaryEvents |
| Net Income Summary | 205909 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Tuition assistance and scholarships | TypeOfGrant |
| Amount Of Cash Grant | 1451000 | AmountOfCashGrant |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Esther Kogan | NamePerson |
| Title | Dean of Faculty | Title |
| Base Compensation Filing Org | 157594 | BaseCompensationFilingOrg |
| Total Compensation Filing Org | 157594 | TotalCompensationFilingOrg |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Kelly Gerstenhaber | NamePerson |
| Relationship With Organization | Board member and founder | RelationshipWithOrganization |
| Purpose Of Loan | School expansion construction | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $2,007,200 | OriginalPrincipalAmount |
| Balance Due | 2007200 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 2007200 | TotalBalanceDue |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| ExplanationExplanation |
|---|
| Form 990 Part IV Section B Line 11b The 990 form and the related schedules are provided to and reviewed by select members of the board as well as management prior to submittal to the respective tax agencies. |
| Form 990 Part VI Section B Line 12c All board members as well as key employees and management are required to immediately disclose any relationship that may potentially give rise to a conflict of interest. |
| Form 990 Part VI Section B Line 15c All compensation for management and key personnel is discussed and set by the board of directors and is reviewed per annum. |
| Form 990 Part VI Section B Line 19 The organization makes available its governing documents, conflict of interest policy and other policies and procedures upon request. The financial statements are also made available upon request. The 990 filing and the related schedules are made available upon request and can also be found on Guidestar.com, which is an independent entity that makes available via their website certain nonprofit information including but not limited to the Form 990. |
| Form 990 Part III Line 1 Children will enter with a wide range of interest, strengths, challenges and perspectives. It is Schools goad that they leave more confident and developed in their individuality. |
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