PARK CENTURY SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PARK CENTURY SCHOOL (EIN 95-2539719)
- Tax period
- 2012-09-01 to 2013-08-31
- Filed
- 2014-07-14
- IRS object ID
- 201431959349301043
- 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 K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-07-14T15:24:48-05:00 | Timestamp |
| Tax Period End Date | 2013-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952302617 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD STE 700 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900243783 | 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 | 952539719 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK CENTURY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PARK | NameControl |
| Phone | 3108400500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3939 LANDMARK ST | AddressLine1 |
| City | CULVER CITY | City |
| State | CA | State |
| ZIP Code | 90232 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS E PHELPS | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 3108400500 | Phone |
| Date Signed | 2014-07-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NANAZ BENYAMINI | Name |
| PTIN | P00666808 | PTIN |
| Phone | 3104773924 | Phone |
| Date Prepared | 2014-07-03 | 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 | DOUGLAS E PHELPS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3939 LANDMARK ST | AddressLine1 |
| City | CULVER CITY | City |
| State | CA | State |
| ZIP Code | 90232 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7076453 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PARKCENTURYSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1968 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO MEET THE EDUCATIONAL, EMOTIONAL AND SOCIAL NEEDS OF LEARNING DISABLED STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 72 | TotalNbrEmployees |
| Total Nbr Volunteers | 26 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1140511 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1448880 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5082872 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5461121 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 36832 | InvestmentIncomePriorYear |
| Investment Income Current Year | 31259 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 189144 | OtherRevenuePriorYear |
| Other Revenue Current Year | 53960 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6449359 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6995220 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 198200 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 232750 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4185789 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4575931 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 179279 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2336625 | OtherExpensePriorYear |
| Other Expenses Current Year | 2563335 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6720614 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7372016 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -271255 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -376796 | RevenuesLessExpensesCY |
| Total Assets BOY | 24859723 | TotalAssetsBOY |
| Total Assets EOY | 25513967 | TotalAssetsEOY |
| Total Liabilities BOY | 15659106 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 16583397 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9200617 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8930570 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO MEET THE EDUCATIONAL, EMOTIONAL AND SOCIAL NEEDS OF LEARNING DISABLED STUDENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4105718 | Expense |
| Grants | 232750 | Grants |
| Revenue | 5479704 | Revenue |
| Description | THE PARK CENTURY ACADEMIC PROGRAM IS TAUGHT IN ONE-TO-ONE AND SMALL GROUPS TUTORIAL SESSIONS AS WELL AS IN SMALL UNGRADED CLASSROOMS. ONE-TO-ONE INSTRUCTION IN READING AND MATHEMATICS IS PROVIDED. SUBJECT AREAS SUCH AS SOCIAL STUDIES AND SCIENCE ARE PRESENTED WITHIN SMALL GROUPS. WRITTEN AND ORAL EXPESSION ARE TAUGHT INDIVIDUALLY. INTEGRAL PARTS OF THE PROGRAM ARE COMPUTER AND STUDY SKILLS, PHYSICAL EDUCATION AND PERCEPTUAL MOTOR SKILLS, ARTS AND ENRICHMENT, AND, IF NECESSARY, SPEECH AND LANGUAGE THERAPY. STUDENTS ARE HELPED TO DEVELOP A POSITIVE SELF IMAGE, SET REALISTIC GOALS AND LEARN SKILLS AND STRATEGIES NECESSARY TO SUCCEED IN SECONDARY SCHOOLS. | Description |
| Total Program Service Expense | 4105718 | 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 | 0 | 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 | 0 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | 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 | 22 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 72 | 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 | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | 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 | 0 | 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 | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
| Other Explain In Sch O | X | OtherExplainInSchO |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANGELICA CASTRO - CHIEF FINANCIAL O | NamePerson |
| Telephone Number | 3108400500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3939 LANDMARK ST | AddressLine1 |
| City | CULVER CITY | City |
| State | CA | State |
| ZIP Code | 90232 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (31 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 |
|---|---|---|---|---|---|---|---|
| MICHAEL BRYANT MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DEBBIE CHERNOFF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LISA DOHERTY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SARAH EMANUEL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FLAXIE FLETCHER MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CINDY FREY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| HELEN HARTUNG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JUSTIN HUNT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANTHONY JAFFE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PAUL JENNINGS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVE LEDER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RENEE MASI | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TIM MASON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SANDRA RABINS MATHERN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CONNIE MICHAELS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY MIRKIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD NEWMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KENNETH SALKIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SALLY SHAYWITZ MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PHYLLIS THOMAS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RAE SANCHINI TOBEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LOUIS UNGAR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOSHUA WAYSER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BESS ARMSTRONG FIEDLER | |||||||
| PRESIDENT/BOARD CHAIR | 1.00 | X | 0 | 0 | 0 | X | |
| STEPHEN THOMAS | |||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | |
| EDWARD VICTOR | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X | |
| ANGELICA CASTRO | |||||||
| CFO (FROM 6/2013) | 40.00 | 0 | 0 | 0 | X | ||
| DOUGLAS E PHELPS | |||||||
| HEAD OF SCHOOL (FROM 7/2013) | 40.00 | 0 | 0 | 0 | X | ||
| GENNY SHAIN | |||||||
| CO-DIRECTOR (UNTIL 6/2013) | 40.00 | 71791 | 0 | 47969 | X | ||
| GAIL SPINDLER | |||||||
| CO-DIRECTOR (UNTIL 6/2013) | 40.00 | 160000 | 0 | 54225 | X | ||
| NANCY BLEY | |||||||
| SCHOOL DEAN | 40.00 | 112498 | 0 | 29969 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 344289 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 132163 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 39165 | FundraisingEvents |
| All Other Contributions | 1409715 | AllOtherContributions |
| Total Contributions | 1448880 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 5461121 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5461121 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5461121 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31259 | TotalRevenueColumn |
| Exclusion | $31,259 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 114910 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 39165 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 81233 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33677 | TotalRevenueColumn |
| Exclusion | $33,677 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 20283 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18583 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,700 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 20283 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6995220 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5479704 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $66,636 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 232750 | Total |
| Program Services | 232750 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 593434 | Total |
| Program Services | 318809 | ProgramServices |
| Management And General | 274625 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2811993 | Total |
| Program Services | 2109162 | ProgramServices |
| Management And General | 596506 | ManagementAndGeneral |
| Fundraising | 106325 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46356 | Total |
| Program Services | 19144 | ProgramServices |
| Management And General | 26356 | ManagementAndGeneral |
| Fundraising | 856 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 863578 | Total |
| Program Services | 344380 | ProgramServices |
| Management And General | 501495 | ManagementAndGeneral |
| Fundraising | 17703 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 260570 | Total |
| Program Services | 187047 | ProgramServices |
| Management And General | 65155 | ManagementAndGeneral |
| Fundraising | 8368 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15608 | Total |
| Management And General | 15608 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23325 | Total |
| Management And General | 23325 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320421 | Total |
| Program Services | 101105 | ProgramServices |
| Management And General | 219316 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175117 | Total |
| Program Services | 149525 | ProgramServices |
| Management And General | 25592 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80061 | Total |
| Program Services | 52886 | ProgramServices |
| Management And General | 27175 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 458396 | Total |
| Management And General | 458396 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 671122 | Total |
| Program Services | 536898 | ProgramServices |
| Management And General | 134224 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| LOSS ON EXTINGUISHMENT | 509849 | 509849 | |
| BOND COMMISSIONS & FEES | 50465 | 50465 | |
| FUNDRAISING | 48387 | 2360 | 46027 |
| BAD DEBT | 46883 | 46883 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163701 | Total |
| Program Services | 54012 | ProgramServices |
| Management And General | 109689 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7372016 | Total |
| Program Services | 4105718 | ProgramServices |
| Management And General | 3087019 | ManagementAndGeneral |
| Fundraising | 179279 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5300 | BOY |
| EOY | 56525 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6359318 | BOY |
| EOY | 6861355 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 517564 | BOY |
| EOY | 612588 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52958 | BOY |
| EOY | 283934 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57116 | BOY |
| EOY | 43939 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 18902574 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3291181 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16124846 | BOY |
| EOY | 15611393 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 958267 | BOY |
| EOY | 1455253 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 784354 | BOY |
| EOY | 588980 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24859723 | BOY |
| EOY | 25513967 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 224701 | BOY |
| EOY | 595601 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2441815 | BOY |
| EOY | 2854499 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10000000 | BOY |
| EOY | 12746618 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2992590 | BOY |
| EOY | 386679 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15659106 | BOY |
| EOY | 16583397 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7611866 | BOY |
| EOY | 8002312 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1426931 | BOY |
| EOY | 741438 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161820 | BOY |
| EOY | 186820 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9200617 | BOY |
| EOY | 8930570 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24859723 | BOY |
| EOY | 25513967 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -376796 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -127 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 106876 | 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 Separate | X | FinancialStatementSeparate |
| 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 | 187154 | BeginningOfYearBalance |
| Contributions | 25000 | Contributions |
| End Of Year Balance | 212154 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 182767 | BeginningOfYearBalance |
| Contributions | 7500 | Contributions |
| Investment Earnings Or Losses | 1852 | InvestmentEarningsOrLosses |
| Other Expenditures | 4965 | OtherExpenditures |
| End Of Year Balance | 187154 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 168425 | BeginningOfYearBalance |
| Contributions | 20000 | Contributions |
| Investment Earnings Or Losses | 2715 | InvestmentEarningsOrLosses |
| Other Expenditures | 8373 | OtherExpenditures |
| End Of Year Balance | 182767 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 165381 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 5044 | InvestmentEarningsOrLosses |
| Other Expenditures | 2000 | OtherExpenditures |
| End Of Year Balance | 168425 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 145524 | BeginningOfYearBalance |
| Contributions | 21300 | Contributions |
| Investment Earnings Or Losses | 1658 | InvestmentEarningsOrLosses |
| Other Expenditures | 3101 | OtherExpenditures |
| End Of Year Balance | 165381 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.88060 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.11940 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4050000 | OtherCostOrOtherBasis |
| Book Value | 4050000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13654163 | OtherCostOrOtherBasis |
| Depreciation | 2275694 | Depreciation |
| Book Value | 11378469 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 957315 | OtherCostOrOtherBasis |
| Depreciation | 821303 | Depreciation |
| Book Value | 136012 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 241096 | OtherCostOrOtherBasis |
| Depreciation | 194184 | Depreciation |
| Book Value | 46912 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15611393 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TAX-DEFERRED COMPENSATION PLAN OBLIGATION - 457(B) | $343,829 |
| CAPTAL LEASE OBLIGATION | $42,850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 386679 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 6869219 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -127 | NetUnrealizedGainsInvestments |
| Other Revenues | 106876 | OtherRevenues |
| Revenue Not Rptd F990 | 106749 | RevenueNotRptdF990 |
| Revenue Subtotal | 6762470 | RevenueSubtotal |
| Other Revenues Not Included | 232750 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 232750 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6995220 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7139266 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7139266 | ExpensesSubtotal |
| Other Expenses Not Included | 232750 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 232750 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7372016 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | FACULTY DEVELOPMENT AND FINANCIAL AID. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | IN ACCORDANCE WITH FASB ASC TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES," THE SCHOOL RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE SCHOOL HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. DURING THE YEAR ENDED AUGUST 31, 2013, THE SCHOOL DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR YEARS BEFORE 2009. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUATION OF INTEREST RATE SWAP 97,520. ACTUARIAL GAIN ON THE 457(B) PLAN 9,356. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 232,750. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 232,750. |
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 | PARK CENTURY SCHOOL PUBLISHED ITS RACIALLY NON-DISCRIMINATORY POLICY IN NEWSPAPER MEDIA, IN ADDITION TO PRINTING IT ON BROCHURES, APPLICATION FORMS, AND SCHOLARSHIP APPLICATION FORMS GIVEN TO POTENTIAL NEW STUDENTS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING BENEFIT | NameOfEvent1 |
| Gross Receipts Event1 | 154075 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 39165 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 114910 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 12300 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 36342 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 32591 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 154075 | GrossReceiptsTotal |
| Charitable Contributions Total | 39165 | CharitableContributionsTotal |
| Gross Revenue Total Events | 114910 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 12300 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 36342 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 32591 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 81233 | DirectExpenseSummaryEvents |
| Net Income Summary | 33677 | NetIncomeSummary |
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 | FINANCIAL AID AWARDED TO ELIGIBLE STUDENTS | TypeOfGrant |
| Number Of Recipients | 11 | NumberOfRecipients |
| Amount Of Cash Grant | 232750 | 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: SCHOLARSHIPS ARE GRANTED TO STUDENTS BASED ON FINANCIAL NEEDS AS DETERMINED BY THE BOARD OF TRUSTEES' FINANCIAL AID COMMITTEES' FINANCIAL AID COMMITTEE SCHOLARSHIPS ARE AWARDED ON A RACIALLY NON-DISCRIMINATORY BASIS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| 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 | GAIL SPINDLER | NamePerson |
| Title | CO-DIRECTOR (UNTIL 6/2013) | Title |
| Base Compensation Filing Org | 160000 | 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 | 54225 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 214225 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | SCHEDULE J PART II: PLEASE NOTE THAT DURING CALENDAR YEAR 2012 GAIL SPINDLER FULFILLED THE DUTIES OF HER COLLEAGUE WHO WAS ABSENT FOR A FEW MONTHS DURING THE YEAR. THEREFORE, SHE RECEIVED AN INCREASE IN HER WAGES FOR THOSE MONTHS. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521598225 | IssuerEIN |
| CUSIP Number | 1309115Y2 | CUSIPNumber |
| Date Issued | 2007-09-27 | DateIssued |
| Issue Price | 10000000 | IssuePrice |
| Description Of Purpose | SEE PART V | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 10000000 | AmountRetired |
| Total Proceeds | 10000000 | TotalProceeds |
| Issuance Costs From Proceeds | 296615 | IssuanceCostsFromProceeds |
| Capital Expenditures | 9703385 | CapitalExpenditures |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 24.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 0 | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K, PART I: DESCRIPTION OF PURPOSE OF BOND | Identifier |
| Explanation | TO REFINANCE THE BANK NOTE PAYABLE AND FINANCE THE ACQUISITION, DESIGN, CONSTRUCTION AND IMPROVEMENT OF THE SCHOOL'S NEW CAMPUS IN CULVER CITY. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | REBECCA CHERNOFF | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | DAUGHTER OF TRUSTEE | Relationship |
| Amount Of Transaction | 52082 | AmountOfTransaction |
| Description Of Transaction | REBECCA CHERNOFF IS A SALARIED TEACHER AT THE SCHOOL AND THE DAUGHTER OF A TRUSTEE | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 114136 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE ORGANIZATION USES A BROKER TO SELL THEIR STOCK CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE ORGANIZATION'S BOARD TRUSTEES STEPHEN THOMAS AND PHYLLIS THOMAS ARE RELATED AS BROTER-IN-LAW AND SISTER-IN-LAW. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION'S FORM 990 WAS PREPARED BY PROFESSIONAL, INDEPENDENT ACCOUNTANTS. THE BOARD OF TRUSTEES DELEGATED THE REVIEW OF THE DRAFT OF THE FORM 990 TO THE AUDIT COMMITTEE, THE MEMBERSHIP OF WHICH INCLUDES NON-TRUSTEES WITH PROFESSIONAL EXPERTISE IN ACCOUNTING AND FEDERAL TAX LAW. BEFORE SUBMISSION OF THE FORM 990 TO THE IRS, THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE FORM 990 AND REPORTS TO THE BOARD OF TRUSTEES THAT THE AUDIT COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE FORM 990 WAS COMPLETE, ACCURATE, AND CORRECT. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH OFFICER, TRUSTEE AND KEY EMPLOYEE IS ANNUALLY REQUIRED TO COMPLETE A QUESTIONNAIRE REGARDING ACTUAL AND POTENTIAL CONFLICTS OF INTEREST, AND THE COMMITTEE ON TRUSTEES OF THE BOARD REVIEW THESE QUESTIONNAIRES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION FOR KEY EMPLOYEES AND MANAGEMENT IS DETERMINED ANNUALLY BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES AS PART OF THE PREPARATION OF THE ANNUAL BUDGET. COMPARATIVE SALARY DATA IS OBTAINED BY MEMBERS OF THE COMMITTEE AND BOARD WHO CONTACT OTHERS SCHOOLS AND PERFORM OTHER SURVEYS. THE COMPENSATION DECISIONS ARE DOCUMENTED IN THE FINANCE COMMITTEE MINUTES. THE ORGANIZATION IS CURRENTLY IN THE PROCESS OF PROVIDING WRITTEN EMPLOYMENT CONTRACTS FOR ITS EXECUTIVES. | |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990, PART VI, SECTION C, LINE 18: THE FORM 990 IS AVAILABLE UPON REQUEST AND ALSO AVAILABLE ON THE PUBLIC WEBSITE WWW.GUIDESTAR.ORG. THE ORGANIZATION IS EXEMPT FROM SUPPLYING ITS FORM 1023 TO ANYONE REQUESTING FOR THIS BECAUSE IT FILED ITS FORM 1023 BEFORE JULY 15, 1987 AND DID NOT RETAIN A COPY OF THE FORM. ACCORDING TO THE INSTRUCTIONS FROM THE IRS WEBSITE, AN ORGANIZATION THE FILED ITS FORM 1023 APPLICATION BEFORE JULY 15, 1987, IS REQUIRED TO MAKE THE APPLICATION AVAILABLE IF IT HAD A COPY OF THE APPLICATION ON JULY 15, 1987. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUATION OF INTEREST RATE SWAP 97,520. ACTUARIAL GAIN ON THE 457(B) PLAN 9,356. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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