STANLEY CLARK SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- STANLEY CLARK SCHOOL (EIN 35-1019540)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-14
- IRS object ID
- 201310149349300321
- Schema version
- 2011v1.2
- 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 K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-14T12:00:09-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 E Jefferson Blvd | AddressLine1 |
| Address Line2 | PO Box 7 | AddressLine2 |
| City | South Bend | City |
| State | IN | State |
| ZIP Code | 466240007 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351019540 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STANLEY CLARK SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STAN | NameControl |
| Phone | 5742914200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3123 Miami Street | AddressLine1 |
| City | South Bend | City |
| State | IN | State |
| ZIP Code | 46614 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MELISSA GRUBB | Name |
| Title | HEAD OF SCHOOL | Title |
| Date Signed | 2012-12-17 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kenneth J Keber | Name |
| PTIN | P00240883 | PTIN |
| Phone | 5742323992 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELISSA GRUBB | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3123 Miami Street | AddressLine1 |
| City | South Bend | City |
| State | IN | State |
| ZIP Code | 46614 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15638687 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.STANLEYCLARK.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1958 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | TO INSPIRE AND CHALLENGE STUDENTS TO ACHIEVE EXCELLENCE IN ACADEMICS, THE ARTS, ATHLETICS AND CHARACTER IN A NURTURING ENVIRONMENT THAT FOSTERS CRITICAL THINKING, CREATIVITY, ACCOUNTABILITY TO SELF AND OTHERS AND THE DISCOVERY OF EACH STUDENT'S STRENGTHS AND PASSIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 113 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1984837 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1861234 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4383328 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4455758 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 145752 | InvestmentIncomePriorYear |
| Investment Income Current Year | 415501 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -22237 | OtherRevenuePriorYear |
| Other Revenue Current Year | -5917 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6491680 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6726576 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 756535 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 735510 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2846112 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2837202 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 159160 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2104178 | OtherExpensePriorYear |
| Other Expenses Current Year | 1729274 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5706825 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5301986 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 784855 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1424590 | RevenuesLessExpensesCY |
| Total Assets BOY | 15716256 | TotalAssetsBOY |
| Total Assets EOY | 16732181 | TotalAssetsEOY |
| Total Liabilities BOY | 5302782 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5054288 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10413474 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11677893 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE STANLEY CLARK SCHOOL IS TO INSPIRE AND CHALLENGE STUDENTS TO ACHIEVE EXCELLENCE IN ACADEMICS, THE ARTS, ATHLETICS AND CHARACTER IN A NURTURING ENVIRONMENT THAT FOSTERS CRITICAL THINKING, CREATIVITY, ACCOUNTABILITY TO SELF AND OTHERS AND THE DISCOVERY OF EACH STUDENT'S STRENGTHS AND PASSIONS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 4503199 | Expense |
| Grants | 735510 | Grants |
| Revenue | 4497758 | Revenue |
| Description | AT THE STANLEY CLARK SCHOOL (SCS) WE VALUE: - PROVIDING AN OUTSTANDING EDUCATION BY INTEGRATING COMPREHENSIVE PROGRAMS OF EXCELLENCE IN ACADEMICS, THE ARTS, PHYSICAL EDUCATION/ATHLETICS AND CHARACTER DEVELOPMENT; - PREPARING STUDENTS FOR HIGHER EDUCATION BY DEVELOPING PERSONAL RESPONSIBILITY FOR STUDY SKILLS, CRITICAL THINKING, AND LIFE-LONG LEARNING; - ADMITTING AND RETAINING STUDENTS WHO ARE CAPABLE OF MEETING OUR HIGH ACADEMIC AND BEHAVIORAL EXPECTATIONS SO THAT ALL STUDENTS ARE ENRICHED; - PROVIDING OPPORTUNITIES FOR THE DEVELOPMENT OF LEADERSHIP QUALITIES; - PROVIDING OPPORTUNITIES FOR STUDENTS TO DISCOVER AND PURSUE THEIR INTERESTS AND TALENTS; - CREATING A NURTURING ENVIRONMENT BY ACTIVELY PROMOTING EMPATHY, MUTUAL RESPECT, AND SERVICE TO OTHERS; - ENCOURAGING WISE DECISION-MAKING SKILLS AND THE ABILITY TO MAKE HEALTHY CHOICES; - PROVIDING OPPORTUNITIES FOR THE DEVELOPMENT OF HEALTHY SELF-ESTEEM BASED ON AUTHENTIC STUDENT ACCOMPLISHMENTS AND ACHIEVEMENTS; - CREATING DIVERSITY OF CULTURE, RELIGION, ETHNICITY AND SOCIO-ECONOMIC BACKGROUND; AND - FOSTERING THE PARTNERSHIP OF FACULTY, ADMINISTRATION, PARENTS AND STUDENTS AS CRUCIAL TO THE ACHIEVEMENT OF MUTUAL GOALS. SCS STUDENTS EXCEL IN STANDARDIZED TESTING WITH MOST CLASSES SCORING IN THE 90TH PERCENTILE OR ABOVE. THEY ARE PREPARED TO EXCEL IN HIGH SCHOOL, IN COLLEGE AND IN LIFE - ACADEMICALLY AND PERSONALLY. THEY LEAVE SCS WITH THE ABILITY TO SOLVE PROBLEMS, BE IMAGINATIVE THINKERS, ENTHUSIASTIC LEARNERS AND ADEPT IN EXPRESSING THEIR INDIVIDUAL POINT OF VIEW. THE ARTS ARE ALSO AN INTEGRAL PART OF THE CURRICULUM - AND DAILY LIFE - AT SCS, BEGINNING WITH PRESCHOOL AND CONTINUING THROUGH MIDDLE SCHOOL. THE SCHOOL'S EXTENSIVE ARTS PROGRAM ENHANCES EACH STUDENT'S INHERENT CREATIVE ABILITIES AND FOSTERS THE ABILITY TO PRESENT THEMSELVES AND THEIR WORK WITH CONFIDENCE. "WORK HARD, PLAY HARD" APTLY DESCRIBES A DAY AT SCS. PHYSICAL EDUCATION AND ATHLETICS ARE AN IMPORTANT PART OF EACH STUDENT'S EXPERIENCE. SCS LEARNING IN DEED IS A SERVICE-LEARNING INITIATIVE THAT ENGAGES STUDENTS FROM PRESCHOOL THROUGH EIGHTH GRADE IN HANDS-ON, MEANINGFUL COMMUNITY SERVICE PROJECTS. SCS LEARNING IN DEED COMBINES SERVICE AND LEARNING OBJECTIVES TO: - MEET REAL, DEFINED NEEDS IN OUR COMMUNITY, - PROMOTE STUDENT REFLECTION, - ACQUIRE VALUES, SKILLS, AND PRACTICAL KNOWLEDGE, AND - BRING TO LIFE CIVIC RESPONSIBILITY WHILE GAINING A DEEPER UNDERSTANDING OF THEMSELVES AND THEIR COMMUNITY. THERE WERE 319 STUDENTS ENROLLED AT SCS FOR THE 2011-12 SCHOOL YEAR. THE GENDER SPLIT IS JUST ABOUT EQUAL ACROSS THE SCHOOL, 52% GIRLS AND 48% BOYS. THE STUDENTS COME FROM COMMUNITIES IN AND AROUND SOUTH BEND SUCH AS GRANGER, MISHAWAKA, ELKHART, GOSHEN, PLYMOUTH AND LAPORTE. AN ATTRIBUTE OF THE SCHOOL THAT AFFECTS THE STUDENT POPULATION IS THE LOYALTY OF THE ALUMNI FAMILIES. FOR EXAMPLE, THERE ARE CURRENTLY OVER 38 STUDENTS AT STANLEY CLARK WHO ARE CHILDREN OF ALUMNI, A TESTAMENT TO THE LIFE IMPACT OF THE SCS EXPERIENCE ON ITS GRADUATES. | Description |
| Total Program Service Expense | 4503199 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| 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 | true | 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 | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | 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 | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 25 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 1 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 113 | 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 | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| 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 | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | 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 | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN M GAZDICK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5742914200 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3123 MIAMI STREET | AddressLine1 |
| City | South Bend | City |
| State | IN | State |
| ZIP Code | 46614 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BRAD C BEUTTER | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| LESLIE CALLAHAN | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| MARK HARMAN | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| WILLIAM J SCHMUHL JR | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| ALICE COOPER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CONNIE VARGA | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ERIC MARION | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ERNESTINE M RACLIN | ||||||
| TRUSTEE, PRESIDENT EMERITUS | 1.00 | X | 0 | 0 | 0 | |
| FREDERICK D SCHEEL MD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JANET E THOMPSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOHN T AXELBERG | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOYCE F STIFEL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KATHY BREITOWICH DDS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MATT KAHN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL GARATONI | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL KENNEDY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MOLLIE BERNARD | ||||||
| TRUSTEE/FOUNDER | 1.00 | X | 0 | 0 | 0 | |
| STEPHANIE SCHURZ | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| VIRGINIA LAKE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ANN M GAZDICK | ||||||
| BUSINESS MANAGER | 40.00 | X | 81122 | 0 | 14575 | |
| MELISSA GRUBB | ||||||
| HEAD OF SCHOOL/ASSISTANT SECRETARY, EX-OFFICIO | 40.00 | X | 153957 | 0 | 5106 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 235079 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 19681 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 301098 | FundraisingEvents |
| All Other Contributions | 1560136 | AllOtherContributions |
| Total Contributions | 1861234 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611000 | 4274370 | 4274370 |
| 7TH AND 8TH GRADE | 611710 | 60786 | 60786 |
| TRANSPORTATION | 611710 | 70160 | 70160 |
| EXTENDED DAY | 611710 | 42351 | 42351 |
| SUMMER PROGRAMS | 611710 | 5836 | 5836 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2255 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2255 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4455758 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 187484 | TotalRevenueColumn |
| Exclusion | $187,484 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 17451 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 17451 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17451 | TotalRevenueColumn |
| Exclusion | $17,451 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9032429 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8804412 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 228017 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 228017 | TotalRevenueColumn |
| Exclusion | $228,017 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 18048 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 301098 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 100899 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -82851 | TotalRevenueColumn |
| Exclusion | -$82,851 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 15400 | GrossIncomeGaming |
| Gaming Direct Expenses | 6800 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8600 | TotalRevenueColumn |
| Exclusion | $8,600 | ExclusionAmount |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| MISCELLANEOUS | 900099 | 8883 | $8,883 | |
| BAD DEBT RECOVERY | 900099 | 42000 | 42000 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 50883 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6726576 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4497758 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $367,584 | 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 | 735510 | Total |
| Program Services | 735510 | 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 | 271770 | Total |
| Program Services | 75862 | ProgramServices |
| Management And General | 195908 | ManagementAndGeneral |
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 | 2079889 | Total |
| Program Services | 1840970 | ProgramServices |
| Management And General | 139164 | ManagementAndGeneral |
| Fundraising | 99755 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41768 | Total |
| Program Services | 36043 | ProgramServices |
| Management And General | 3115 | ManagementAndGeneral |
| Fundraising | 2610 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276720 | Total |
| Program Services | 260846 | ProgramServices |
| Management And General | 15622 | ManagementAndGeneral |
| Fundraising | 252 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167055 | Total |
| Program Services | 130785 | ProgramServices |
| Management And General | 28746 | ManagementAndGeneral |
| Fundraising | 7524 | 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 | 4651 | Total |
| Management And General | 4651 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32850 | Total |
| Management And General | 32850 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27166 | Total |
| Management And General | 27166 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82553 | Total |
| Program Services | 66951 | ProgramServices |
| Management And General | 15602 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28719 | Total |
| Management And General | 28719 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71866 | Total |
| Program Services | 31354 | ProgramServices |
| Management And General | 38735 | ManagementAndGeneral |
| Fundraising | 1777 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17650 | Total |
| Program Services | 17650 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223507 | Total |
| Program Services | 217842 | ProgramServices |
| Management And General | 5665 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215884 | Total |
| Program Services | 215884 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 525092 | Total |
| Program Services | 525092 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43584 | Total |
| Program Services | 4495 | ProgramServices |
| Management And General | 39089 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| BAD DEBT EXPENSE | 40000 | 40000 | ||
| EDUCATIONAL EXPENSES | 223501 | 213501 | 10000 | |
| VEHICLE MAINTENANCE | 77375 | 77375 | ||
| PROFESSIONAL DEVELOPMENT AND RECRUITING | 78528 | 47315 | 31213 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36348 | Total |
| Program Services | 5724 | ProgramServices |
| Management And General | 23382 | ManagementAndGeneral |
| Fundraising | 7242 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5301986 | Total |
| Program Services | 4503199 | ProgramServices |
| Management And General | 639627 | ManagementAndGeneral |
| Fundraising | 159160 | Fundraising |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 435772 | BOY |
| EOY | 577929 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 856025 | BOY |
| EOY | 1307814 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1636447 | BOY |
| EOY | 1346063 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30199 | BOY |
| EOY | 72220 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68787 | BOY |
| EOY | 63378 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 13040613 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8131453 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5312674 | BOY |
| EOY | 4909160 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7169386 | BOY |
| EOY | 8250802 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206966 | BOY |
| EOY | 204815 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15716256 | BOY |
| EOY | 16732181 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 252900 | BOY |
| EOY | 268905 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 857833 | BOY |
| EOY | 817263 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3915000 | BOY |
| EOY | 3760000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29087 | BOY |
| EOY | 72282 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 247962 | BOY |
| EOY | 135838 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5302782 | BOY |
| EOY | 5054288 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4583241 | BOY |
| EOY | 4799687 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4443052 | BOY |
| EOY | 5491025 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1387181 | BOY |
| EOY | 1387181 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10413474 | BOY |
| EOY | 11677893 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15716256 | BOY |
| EOY | 16732181 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1424590 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -160171 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | 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 | 4130942 | BeginningOfYearBalance |
| Contributions | 3935 | Contributions |
| Investment Earnings Or Losses | 24704 | InvestmentEarningsOrLosses |
| Other Expenditures | 163000 | OtherExpenditures |
| End Of Year Balance | 3996581 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3637155 | BeginningOfYearBalance |
| Contributions | 5300 | Contributions |
| Investment Earnings Or Losses | 618393 | InvestmentEarningsOrLosses |
| Other Expenditures | 129906 | OtherExpenditures |
| End Of Year Balance | 4130942 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2843890 | BeginningOfYearBalance |
| Contributions | 655675 | Contributions |
| Investment Earnings Or Losses | 281952 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 144362 | OtherExpenditures |
| End Of Year Balance | 3637155 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3952782 | BeginningOfYearBalance |
| Contributions | 2390 | Contributions |
| Investment Earnings Or Losses | -393035 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 718247 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 2843890 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.55340 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.34710 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09950 | TermEndowmentEOYBalance |
| 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 | 339527 | OtherCostOrOtherBasis |
| Book Value | 339527 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11396841 | OtherCostOrOtherBasis |
| Depreciation | 7112297 | Depreciation |
| Book Value | 4284544 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 271941 | OtherCostOrOtherBasis |
| Depreciation | 191802 | Depreciation |
| Book Value | 80139 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1032304 | OtherCostOrOtherBasis |
| Depreciation | 827354 | Depreciation |
| Book Value | 204950 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4909160 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST RATE SWAP AGREEMENT | $71,497 |
| OTHER LIABILITIES | $64,341 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 135838 | TotalOfAmounts |
| Total Revenue | 6726576 | TotalRevenue |
| Total Expenses | 5301986 | TotalExpenses |
| Excess Or Deficit For Year | 1424590 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -288517 | NetUnrealizedGLOnInvestments |
| Other | $128,346 | OtherAmount |
| Total Adjustments | -160171 | TotalAdjustments |
| Excess Or Deficit Per FS | 1264419 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5788258 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -288517 | NetUnrealizedGainsInvestments |
| Other Revenues | 128346 | OtherRevenues |
| Revenue Not Rptd F990 | -160171 | RevenueNotRptdF990 |
| Revenue Subtotal | 5948429 | RevenueSubtotal |
| Other Revenues Not Included | 778147 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 778147 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6726576 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4523839 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4523839 | ExpensesSubtotal |
| Other Expenses Not Included | 778147 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 778147 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5301986 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO SUPPLEMENT THE SCHOOL'S OPERATIONS, I.E. COMPENSATION, FINANCIAL AID, PROFESSIONAL DEVELOPMENT, ETC. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | THE SCHOOL IS EXEMPT FROM INCOME TAXES ON INCOME FROM RELATED ACTIVITIES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX LAW. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. U.S. GAAP REQUIRES THAT A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. DUE TO ITS TAX-EXEMPT STATUS, THE SCHOOL IS NOT GENERALLY SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. THE SCHOOL'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR THE LAST THREE YEARS. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE OVER THE NEXT 12 MONTHS. THE SCHOOL RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE SCHOOL DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2012 AND 2011. |
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 |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | KALEIDOSCOPE | NameOfEvent1 |
| Gross Receipts Event1 | 290349 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 272661 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 17688 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 75102 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ART FOR THE MIND | NameOfEvent2 |
| Gross Receipts Event2 | 28797 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 28437 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 360 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 25797 | OtherDirectExpensesEvent2 |
| Gross Receipts Other Events | 0 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 0 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 0 | GrossRevenueOtherEvents |
| Gross Receipts Total | 319146 | GrossReceiptsTotal |
| Charitable Contributions Total | 301098 | CharitableContributionsTotal |
| Gross Revenue Total Events | 18048 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 0 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 0 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 100899 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 100899 | DirectExpenseSummaryEvents |
| Net Income Summary | -82851 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 15400 | GrossRevenueOtherGaming |
| Non Cash Prizes Other Gaming | 5000 | NonCashPrizesOtherGaming |
| Other Direct Expenses Other Gaming | 1800 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | true | VolunteerLaborOtherGaming |
| Volunteer Labor Prcnt Other Gaming | 0.8 | VolunteerLaborPrcntOtherGaming |
| Gross Revenue Total Gaming | 15400 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 0 | CashPrizesTotalGaming |
| Non Cash Prizes Total Gaming | 5000 | NonCashPrizesTotalGaming |
| Rent Facility Costs Total Gaming | 0 | RentFacilityCostsTotalGaming |
| Other Direct Expenses Total Gaming | 1800 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 6800 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 8600 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | IN | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | false | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 0 | PercentageOfGamingOwnFacility |
| Percentage Of Gaming Othr Facility | 1 | PercentageOfGamingOthrFacility |
Name Of Gaming Rec Keeper Bus NameOfGamingRecKeeperBus
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN GAZDICK | BusinessNameLine1 |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3123 MIAMI STREET | AddressLine1 |
| City | SOUTH BEND | City |
| State | IN | State |
| ZIP Code | 46614 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
Gaming Manager Name Business GamingManagerNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN GAZDICK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Manager Compensation | 81122 | GamingManagerCompensation |
| Gaming Manager Services Provided | OBTAINING LICENSE, FILING REPORTS, ETC | GamingManagerServicesProvided |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PERCENTAGE OF GAMING ACTIVITY OPERATED IN AN OUTSIDE FACILITY | Identifier |
| Return Reference | SCHEDULE G, PART III, LINE 13B | ReturnReference |
| Explanation | THE ORGANIZATION'S GAMING ACTIVITIES ARE CONDUCTED IN CONJUNCTION WITH ONE OF THE FUNDRAISING EVENTS, WHICH WAS HELD AT THE HILTON GARDEN INN. | 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/TUITION ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 101 | NumberOfRecipients |
| Amount Of Cash Grant | 735510 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for monitoring use of grant funds | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | FINANCIAL APPLICATIONS AND TAX FORM 1040, INCLUDING SUPPLEMENTAL SCHEDULES, ARE REQUIRED FROM ALL STUDENTS REQUESTING ASSISTANCE. THE HEAD OF SCHOOL AND BUSINESS MANAGER (ADMINISTRATION) REVIEW AND APPROVE ALL AWARD ALLOCATIONS. ALL FUNDS ARE CREDITED TO THE STUDENTS' ACCOUNTS TO ENSURE PROPER USE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MELISSA GRUBB | NamePerson |
| Base Compensation Filing Org | 146457 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 5000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 2500 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 3299 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 1807 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 159063 | 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 (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Discretionary spending account | Schedule J, Part I, Line 1a | THERE IS A DISCRETIONARY SPENDING ACCOUNT FOR THE HEAD OF SCHOOL FOR BUSINESS USE ONLY. COPIES OF ALL RECEIPTS MUST BE PROVIDED IN ORDER TO BE REIMBURSED, AND ALL EXPENSE REIMBURSEMENTS MUST BE APPROVED BY THE BOARD CHAIRMAN. |
| Non-fixed payments | Schedule J, Part I, Line 7 | DURING 2011, THE HEAD OF SCHOOL RECEIVED A DISCRETIONARY BONUS IN THE AMOUNT OF $5,000. THE BONUS AMOUNT WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF SOUTH BEND INDIANA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 356001201 | IssuerEIN |
| CUSIP Number | 836520FN1 | CUSIPNumber |
| Date Issued | 2005-12-08 | DateIssued |
| Issue Price | 5000000 | IssuePrice |
| Description Of Purpose | FACILITY ADDITIONS/NEW CONSTRUCTION | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 1240000 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 5087636 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 100867 | IssuanceCostsFromProceeds |
| Credit Enhancement | 2232 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 4984537 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.0000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.0000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.0000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIFTH THIRD BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 7.0 | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | true | ExceptionToRebate |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | TOTAL PROCEEDS OF ISSUE | Identifier |
| Return Reference | PART II, LINE 3 | ReturnReference |
| Explanation | GROSS PROCEEDS - $5,000,000 INVESTMENT EARNINGS ON PROCEEDS - $87,636 | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
Name Of Interested Business NameOfInterestedBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE PART V | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | SEE PART V | RelationshipWithOrganization |
| Amount Of Grant | 4000 | AmountOfGrant |
| Type Of Assistance | NEED-BASED FINANCIAL ASSISTANCE | TypeOfAssistance |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS | Identifier |
| Return Reference | SCHEDULE L, PART III | ReturnReference |
| Explanation | PER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS IN SEPARATE LINES. FOR EACH LINE, THE SCHOOL IS TO REPORT IN COLUMN (C) THE TYPE OF ASSISTANCE AND AGGREGATE DOLLAR AMOUNT OF THAT ASSISTANCE; COLUMNS (A) AND (B) ARE TO BE LEFT BLANK. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Delegate broad authority to a committee | Form 990, Part VI, Section A, Line 1a | THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND THE CHAIR OF EACH STANDING COMMITTEE. THE HEAD OF THE SCHOOL, EX-OFFICIO, AND SUCH OTHER TRUSTEES OF THE BOARD AS MAY BE APPOINTED TO THE EXECUTIVE COMMITTEE SHALL BE NON-VOTING FOR THE PURPOSES OF THIS COMMITTEE. A QUORUM OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY IN ORDER TO TRANSACT BUSINESS. A QUORUM SHALL CONSIST OF A MAJORITY OF THE OFFICERS AND THE CHAIRS OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ACT FOR THE BOARD OF TRUSTEES BETWEEN MEETINGS. NONE OF ITS ACTS SHALL CONFLICT WITH ACTION TAKEN BY THE BOARD. EXECUTIVE COMMITTEE ACTIONS SHALL BE REPORTED TO THE BOARD AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE SHALL PRESENT IN WRITING NOMINATIONS FOR THE COMMITTEE ON TRUSTEES TO THE BOARD OF TRUSTEES AT THE ANNUAL MEETING. |
| Significant changes to organizational documents | Form 990, Part VI, Section A, Line 4 | THE ORGANIZATION AMENDED ITS BYLAWS TO CHANGE THE COMPOSITION OF THE FOLLOWING COMMITTEES: COMMITTEE ON TRUSTEES, FINANCE COMMITTEE, AND INVESTMENT COMMITTEE. THE AMENDED BYLAWS ALSO CHANGED THE RESPONSIBILITIES OF THE INVESTMENT COMMITTEE. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | A FINAL DRAFT OF THE FORM 990, EXCLUDING SCHEDULE B, IS PRESENTED BY OUR TAX ADVISORS TO THE ORGANIZATION'S FINANCE COMMITTEE. ONCE THE FINANCE COMMITTEE REVIEWS, A FINAL DRAFT (EXCLUDING SCHEDULE B) IS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AT A REGULARLY SCHEDULED BOARD MEETING. ONCE REVIEWED AND APPROVED BY THE GOVERNING BODY, IT IS THEN FILED WITH THE IRS. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY ALL BOARD MEMBERS AND OFFICERS ANNUALLY AND KEPT ON FILE BY THE HEAD OF SCHOOL'S ASSISTANT. THE BOARD CHAIR AND HEAD OF SCHOOL REVIEW THE STATEMENTS FOR POTENTIAL CONFLICTS. IN THE EVENT OF A CONFLICT THE MEMBER DOES NOT PARTICIPATE IN THE DELIBERATIONS OF THE TRANSACTION. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | AN EVALUATION OF THE HEAD OF SCHOOL IS PERFORMED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) SALARY COMPARISONS. WRITTEN DOCUMENTATION APPROVING ANY CHANGES IN COMPENSATION IS PERFORMED BY THE BOARD CHAIR. THE HEAD OF SCHOOL'S PERFORMANCE AND 2011/12 FISCAL YEAR SALARY WAS REVIEWED AND APPROVED IN JUNE 2011. IN ADDITION, THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT WAS REVIEWED, APPROVED, AND SIGNED BY THE BOARD CHAIR IN JULY 2012. |
| PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES | FORM 990, PART VI, LINE 15B | AN EVALUATION OF THE BUSINESS MANAGER IS PERFORMED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) SALARY COMPARISONS. WRITTEN DOCUMENTATION APPROVING ANY CHANGES IN COMPENSATION IS PERFORMED BY THE BOARD CHAIR. THE BUSINESS MANAGER'S PERFORMANCE AND 2011/12 FISCAL YEAR SALARY WAS REVIEWED AND APPROVED IN JUNE 2011. |
| Governing documents, conflict of interest policy and financial statements available to the public | Form 990, Part VI, Section C, Line 19 | FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. |
| Other changes in net assets or fund balances | Form 990, Part XI, Line 5 | NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -288517; GAIN ON INTEREST RATE SWAP - 124581; INCREASE IN CSV OF LIFE INSURANCE POLICIES - 3765; |