OXFORD ACADEMY INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- OXFORD ACADEMY INC (EIN 22-2809363)
- Tax period
- 2012-09-01 to 2013-08-31
- Filed
- 2014-06-23
- IRS object ID
- 201431749349300328
- Schema version
- 2012v2.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-06-23T11:13:54-07:00 | Timestamp |
| Tax Period End Date | 2013-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNELL PACE & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 609 FARMINGTON AVE STE 201 | AddressLine1 |
| City | HARTFORD | City |
| State | CT | State |
| ZIP Code | 06105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222809363 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OXFORD ACADEMY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OXFO | NameControl |
| Phone | 8603996247 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1393 BOSTON POST ROAD | AddressLine1 |
| City | WESTBROOK | City |
| State | CT | State |
| ZIP Code | 06498 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONALD R WORMS | Name |
| Title | BUSINESS MANAGER | Title |
| Phone | 8603996247 | Phone |
| Date Signed | 2014-06-23 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARIO PACE | Name |
| Phone | 8602473917 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DONALD R WORMS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1393 BOSTON POST ROAD | AddressLine1 |
| City | WESTBROOK | City |
| State | CT | State |
| ZIP Code | 06498 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2322318 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.oxfordacademy.net | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | The mission of Oxford Academy is to provide young men with a successful experience through one-to-one instruction, a structured boarding environment and a close, caring community of teachers and peers. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 31 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 172961 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 180020 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2050512 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2119908 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9715 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8870 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 20889 | OtherRevenuePriorYear |
| Other Revenue Current Year | 13520 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2254077 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2322318 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 75772 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 161478 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1457570 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1413256 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 77634 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 914068 | OtherExpensePriorYear |
| Other Expenses Current Year | 935330 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2447410 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2510064 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -193333 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -187746 | RevenuesLessExpensesCY |
| Total Assets BOY | 6328950 | TotalAssetsBOY |
| Total Assets EOY | 6909889 | TotalAssetsEOY |
| Total Liabilities BOY | 620683 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1516330 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5708267 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5393559 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of Oxford Academy is | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1849878 | Expense |
| Grants | 75772 | Grants |
| Revenue | 2133428 | Revenue |
| Description | PROVIDES SCHOLASTIC ACADEMIC SUPPORT TO APPROXIMATELY 40 STUDENTS | Description |
| Total Program Service Expense | 1849878 | 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 | true | 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 | true | 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 | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | 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 | true | 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 31 | 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 |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| 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 | false | 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 |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DONALD WORMS | NamePerson |
| Telephone Number | 8603996247 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1393 BOSTON POST RD | AddressLine1 |
| City | WESTBROOK | City |
| State | CT | State |
| ZIP Code | 06498 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| RICHARD BRAINERD | |||||||
| President | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN HIGHT | |||||||
| Vice President | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM COCHRAN | |||||||
| Treasurer | 1.00 | X | 0 | 0 | 0 | ||
| DAVID SCHWARTZ-LEEPER | |||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | ||
| JANET DICKEY | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| KRISTIN COOMBS | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| JOSEPH DATTILO | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| GINA FILIPPELLI | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| JOSEPH KLOCK | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| ALEX GLEN | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| BARBARA GOOSS | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| ELLEN GREELEY | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| BARBARA LAUX | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| ANNE DAVIDSON SCOTT | |||||||
| Trustee | 1.00 | 0 | 0 | 0 | X | ||
| LAWRENCE STAAT | |||||||
| Trustee | 1 | X | |||||
| PHILIP B COCCHIOLA | |||||||
| Head of School | 40 | 100162 | X | ||||
| DONALD R WORMS | |||||||
| Controller | 40 | 90847 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 191009 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARTWELLS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 91337 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60693 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Food service | DescriptionOfServices |
| Compensation | 125051 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 180020 | AllOtherContributions |
| Total Contributions | 180020 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| Tuition | 611110 | 2073588 |
| Student activity fees | 611110 | 43265 |
| Application fees | 611110 | 3055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2119908 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8870 | TotalRevenueColumn |
| Exclusion | $8,870 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other income | Description |
| Business Code | 611110 | BusinessCode |
| Total Revenue Column | 13520 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13520 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 13520 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2322318 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2133428 | RelatedOrExemptFunctionIncome |
| Exclusion | $8,870 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161478 | Total |
| Program Services | 161478 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1082995 | Total |
| Program Services | 762718 | ProgramServices |
| Management And General | 278502 | ManagementAndGeneral |
| Fundraising | 41775 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241670 | Total |
| Program Services | 170200 | ProgramServices |
| Management And General | 62148 | ManagementAndGeneral |
| Fundraising | 9322 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88591 | Total |
| Program Services | 62392 | ProgramServices |
| Management And General | 22782 | ManagementAndGeneral |
| Fundraising | 3417 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1657 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1657 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14746 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 14746 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21918 | Total |
| Program Services | 19215 | ProgramServices |
| Management And General | 2703 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15999 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 15999 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57822 | Total |
| Program Services | 40723 | ProgramServices |
| Management And General | 14869 | ManagementAndGeneral |
| Fundraising | 2230 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273935 | Total |
| Program Services | 192923 | ProgramServices |
| Management And General | 70445 | ManagementAndGeneral |
| Fundraising | 10567 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14435 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 14435 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15442 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 15442 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208805 | Total |
| Program Services | 147055 | ProgramServices |
| Management And General | 53696 | ManagementAndGeneral |
| Fundraising | 8054 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44039 | Total |
| Program Services | 31015 | ProgramServices |
| Management And General | 11325 | ManagementAndGeneral |
| Fundraising | 1699 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Dining hall | 153965 | 153965 | 0 | 0 |
| Student activities | 56923 | 56923 | 0 | 0 |
| Instructional expenses | 19416 | 19416 | 0 | 0 |
| Vehicle expenses | 14788 | 10415 | 3803 | 570 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21440 | Total |
| Program Services | 21440 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2510064 | Total |
| Program Services | 1849878 | ProgramServices |
| Management And General | 582552 | ManagementAndGeneral |
| Fundraising | 77634 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1000 | BOY |
| EOY | 1000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 804427 | BOY |
| EOY | 864807 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52450 | BOY |
| EOY | 11381 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4401 | BOY |
| EOY | 5701 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10786 | BOY |
| EOY | 10509 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8186493 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2428302 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5190518 | BOY |
| EOY | 5758191 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265368 | BOY |
| EOY | 258300 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6328950 | BOY |
| EOY | 6909889 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16361 | BOY |
| EOY | 25793 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 436348 | BOY |
| EOY | 541389 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 130734 | BOY |
| EOY | 873435 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37240 | BOY |
| EOY | 75713 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 620683 | BOY |
| EOY | 1516330 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5429737 | BOY |
| EOY | 5124036 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20203 | BOY |
| EOY | 11196 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 258327 | BOY |
| EOY | 258327 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5708267 | BOY |
| EOY | 5393559 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6328950 | BOY |
| EOY | 6909889 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -187746 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -15211 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -111751 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 273215 | BeginningOfYearBalance |
| End Of Year Balance | 273215 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 275092 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 16123 | InvestmentEarningsOrLosses |
| Other Expenditures | 18000 | OtherExpenditures |
| End Of Year Balance | 273215 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 263175 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 11917 | InvestmentEarningsOrLosses |
| End Of Year Balance | 275092 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 283697 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 4848 | InvestmentEarningsOrLosses |
| Other Expenditures | 25370 | OtherExpenditures |
| End Of Year Balance | 263175 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 277465 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 6232 | InvestmentEarningsOrLosses |
| End Of Year Balance | 283697 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 561475 | OtherCostOrOtherBasis |
| Book Value | 561475 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3799755 | OtherCostOrOtherBasis |
| Depreciation | 1105616 | Depreciation |
| Book Value | 2694139 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3409483 | OtherCostOrOtherBasis |
| Depreciation | 979378 | Depreciation |
| Book Value | 2430105 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 401640 | OtherCostOrOtherBasis |
| Depreciation | 343308 | Depreciation |
| Book Value | 58332 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14140 | OtherCostOrOtherBasis |
| Book Value | 14140 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5758191 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Security deposits | Description |
| Amount | $75,713 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 75713 | TotalOfAmounts |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt V Line 4 | School utilizes funds to support education program |
| Pt X | THE SCHOOL ADOPTED THE PROVISION OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGINITION OF TAX BENEFITS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES RELATED GUIDANCE OR MEASUREMENT, RERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE ADOPT |
| Pt X | on the School's financial statements. |
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 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Line 3 | Identifier |
| Explanation | THE SCHOOL HAS A NONDISCRIMINATION POLICY A STATEMENT IS INCLUDED IN ALL PROMOTIONAL MATERIALS. | Explanation |
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 | Financial aid to students | TypeOfGrant |
| Number Of Recipients | 9 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 161478 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | Financial aid | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 2 | The School awards aid to students based on financial need determined |
| Pt I Line 2 | by School's financial aid department. Need determination is based on |
| Pt I Line 2 | information compiled by National Association of Independent Schools |
| Pt I Line 2 | (NAIS) from financial information submitted by parents of students through |
| Pt I Line 2 | NAIS School & Student Services website. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| JAMES CORTHOUTS FAMILY TRUST | |||
| Former Trustee | 68113 | Rental property | false |
| JAMES CORTHOUTS FAMILY TRUST | |||
| Former Trustee | 850000 | Purchase of 2 properties | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 11b | The Form 990 is reviewed by Controller and Audit Committee |
| Pt VI, Line 11b | prior to filing. |
| Pt VI, Line 12c | The Board of Trustees and key employees are required |
| Pt VI, Line 12c | to submit conflict of interest statements annually. |
| Pt VI, Line 15a | The compensation for officers and key employees is |
| Pt VI, Line 15a | reviewed and approved annual by the School's Trustees. |
| Pt VI, Line 15b | The compensation for officers and key employees is |
| Pt VI, Line 15b | reviewed and approved annual by the School's Trustees. |
| Pt VI, Line 19 | The School's governing documents, conflict of interest |
| Pt VI, Line 19 | policy and financial statements are available upon request. |
| Pt XI | The School wrote off the net value of leasehold improvements |
| Pt XI | on two buildings for which it terminated its lease agreements. |
| Form 990, Part IX, Line 24f | BAD DEBTS 21440. 21440. 0. 0. |