BLAIR ACADEMY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BLAIR ACADEMY (EIN 22-1500475)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-12
- IRS object ID
- 201310439349300216
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-12T07:53:28-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231144520 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAIT WELLER & BAKER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1818 MARKET STREET SUITE 2400 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | 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 | 221500475 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLAIR ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BLAI | NameControl |
| Phone | 9083626121 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 600 | AddressLine1 |
| City | BLAIRSTOWN | City |
| State | NJ | State |
| ZIP Code | 07825 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES FRICK | Name |
| Title | ASSISTANT TREASURER | Title |
| Phone | 9083626121 | Phone |
| Date Signed | 2013-02-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN MAUCH | Name |
| PTIN | P00764633 | PTIN |
| Phone | 2159798800 | Phone |
| Date Prepared | 2013-02-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | T CHANDLER HARDWICK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 600 | AddressLine1 |
| City | BLAIRSTOWN | City |
| State | NJ | State |
| ZIP Code | 07825 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 51713834 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BLAIR.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1848 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | BLAIR ACADEMY SEEKS TO ENROLL TALENTED YOUNG MEN AND WOMEN FROM DIVERSE BACKGROUNDS. IN A RESIDENTIAL SETTING, BLAIR ACADEMY IS COMMITTED TO PROVIDE A LIBERAL ARTS EDUCATION AND TO PROMOTE THE DEVELOPMENT OF PERSONAL AND INTELLECTUAL DISCIPLINE AS PREPARATION FOR CONTINUED STUDY AT SELECTIVE COLLEGES AND FOR A LIFE OF RESPONSIBLILTY AND SERVICE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 207 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 694484 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -29374 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4949824 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12645007 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20277992 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20880221 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2949124 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2522919 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 724157 | OtherRevenuePriorYear |
| Other Revenue Current Year | 746501 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28901097 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36794648 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3906353 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4027758 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11034151 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11469729 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1960190 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11027752 | OtherExpensePriorYear |
| Other Expenses Current Year | 10694534 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 25968256 | TotalExpensesPriorYear |
| Total Expenses Current Year | 26192021 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2932841 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 10602627 | RevenuesLessExpensesCY |
| Total Assets BOY | 140072280 | TotalAssetsBOY |
| Total Assets EOY | 147927521 | TotalAssetsEOY |
| Total Liabilities BOY | 27978206 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 29838083 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 112094074 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 118089438 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | BLAIR ACADEMY IS A COEDUCATIONAL BOARDING SCHOOL LOCATED 65 MILES WEST OF NEW YORK CITY IN THE FOOTHILLS OF THE POCONO MOUNTAINS. IN ITS 163RD YEAR, BLAIR CONTINUES TO OFFER A SUPERIOR ACADEMIC COLLEGE-PREPARATORY PROGRAM WHILE HOLDING FIRMLY TO ITS TRADITION OF BEING A COMMUNITY FULLY FOCUSED ON THE DEVELOPMENT OF EACH INDIVIDUAL STUDENT. IN THIS ENVIRONMENT, STUDENTS LEARN TO ADVOCATE FOR THEMSELVES, BECOME SERVICE-MINDED, AND DEVELOP THE LEADERSHIP SKILLS NECESSARY FOR SUCCESS IN COLLEGE AND BEYOND. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 22129744 | Expense |
| Grants | 4027758 | Grants |
| Revenue | 20880221 | Revenue |
| Description | PRIVATE CO-EDUCATIONAL BOARDING SECONDARY SCHOOL | Description |
| Total Program Service Expense | 22129744 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | 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 | 0 | 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 | 0 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 53 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 207 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 0 | QuidProQuoContributions |
| 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 | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | 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 | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES A FRICK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9083626121 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BLAIR ACADEMY | AddressLine1 |
| City | BLAIRSTOWN | City |
| State | NJ | State |
| ZIP Code | 07825 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (54 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 |
|---|---|---|---|---|---|---|---|
| T CHANDLER HARDWICK | |||||||
| HEADMASTER | 40.00 | X | 295065 | 0 | 63805 | ||
| JAMES P JENKINS | |||||||
| CHAIRMAN | 5.00 | X | 0 | 0 | 0 | X | |
| WM MITCHELL JENNINGS JR | |||||||
| VICE CHAIRMAN AND TREASURE | 5.00 | X | 0 | 0 | 0 | X | |
| ANNE E CRAMER | |||||||
| SECRETARY | 5.00 | X | 0 | 0 | 0 | X | |
| JOHN E ALDEN JR | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| JOHN C BOGLE | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| JAMES H CHESTNUTT | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| KEVIN L CLAYTON | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JAYMEL E CONNOR | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| WAYNE P CROWDER | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| CRAIG U DANA | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| ROBERT C DUGHI | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JORDAN M EHMANN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| CLEMENT A FUREY | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| AISHA D GAYLE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| RICHARD R GRABER | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| REV DAVID G HARVEY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DR J BROOKS HOFFMAN | |||||||
| CHAIRMAN EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| DAVID C HULL JR | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DAVID JANUSZEWSKI | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| REV SHERRY KARASIK | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| SUSAN KAHN BERMAN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DOUGLAS W KIMMELMAN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JAMES D KRUGMAN | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| JOHN H LEWIS JR | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| MARIANNE LIEBERMAN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| G DAVID MACEWEN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| STACEY W MCCONNELL | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DONALD H MCCREE JR | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MARK D MOON | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| ROBERT A NEFF | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| KEITH RAUSCHENBACH | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DOMINICK V ROMANO | |||||||
| HONORARY | 5.00 | X | 0 | 0 | 0 | ||
| MICHAEL S RULLE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| ERIK O RYD | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| W JEFFREY SEUBEL | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| HERBERT J SIEGEL | |||||||
| HONORARY | 5.00 | X | 0 | 0 | 0 | ||
| ROBERT G SIGETY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| ALEXANDER J SLOANE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| GEORGE T STERN | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| WILLIAM R TIMKEN | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| HOBART D VAN DEUSEN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DAVID D WAKEFIELD | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| AMELIA C WOLFE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| REV RICHARD E WRIGHT | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| JAMES YOUNGELSON | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| S ARNOLD ZIMMERMAN | |||||||
| EMERITUS | 5.00 | X | 0 | 0 | 0 | ||
| DOMINICK J ROMANO | |||||||
| VICE CHAIRMAN | 5.00 | X | 0 | 0 | 0 | ||
| CORAY S KIRBY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| STEPHANIE I ROGEN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JAMES A FRICK | |||||||
| ASST. TREASURER | 40.00 | 198566 | 0 | 82513 | X | ||
| SELDEN D BACON JR | |||||||
| FACULTY | 40.00 | 114454 | 0 | 77834 | X | ||
| LEWIS M STIVAL | |||||||
| FACULTY | 40.00 | 105101 | 0 | 42124 | X | ||
| SUSAN K HABERMAN | |||||||
| FACULTY | 40.00 | 102281 | 0 | 22890 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 815467 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 289166 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ELITE COMMERCIAL | |||||
| 84 BELCHER ROAD | BLAIRSTOWN | NJ | 07825 | CONSTRUCTION-HOUSING | 504726 |
| AMERADA HESS | |||||
| PO BOX 905216 | CHARLOTTE | NC | 28290 | HEATING OIL - UTILITIES | 402668 |
| FIRST ENERGY | |||||
| PO BOX 3622 | AKRON | OH | 44309 | ELECTRIC-UTILITIES | 285078 |
| COOPER'S OIL | |||||
| PO BOX 149 | PHILLIPSBURG | NJ | 08865 | HEATING OIL - UTILITIES | 247788 |
| WILLIS OF NEW JERSEY | |||||
| PO BOX 415672 | BOSTON | MA | 02241 | COMMERCIAL INSURANCE | 225652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 14 | NumberOfContractorsGT100K |
| All Other Contributions | 12645007 | AllOtherContributions |
| Noncash Contributions | 740177 | NoncashContributions |
| Total Contributions | 12645007 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION/FEES | 611600 | 20291464 | 20291464 |
| SUPPORT SERVICES | 611710 | 588757 | 588757 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20880221 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1486632 | TotalRevenueColumn |
| Exclusion | $1,486,632 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 27401 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 27401 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27401 | TotalRevenueColumn |
| Unrelated Business Revenue | 27401 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15955473 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14919186 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1036287 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1036287 | TotalRevenueColumn |
| Exclusion | $1,036,287 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| SUMMER PROGRAMS | 611710 | 618827 | 618827 | |
| MISCELLANEOUS | 900099 | 52017 | 52017 | |
| GOLF & TENNIS | 713910 | 48256 | 48256 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 719100 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36794648 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20932238 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 694484 | UnrelatedBusinessRevenue |
| Exclusion | $2,522,919 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4027758 | Total |
| Program Services | 4027758 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 677057 | Total |
| Management And General | 677057 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7361361 | Total |
| Program Services | 6128371 | ProgramServices |
| Management And General | 560026 | ManagementAndGeneral |
| Fundraising | 672964 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 559216 | Total |
| Program Services | 513577 | ProgramServices |
| Fundraising | 45639 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2286559 | Total |
| Program Services | 1704868 | ProgramServices |
| Management And General | 412670 | ManagementAndGeneral |
| Fundraising | 169021 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 585536 | Total |
| Program Services | 456690 | ProgramServices |
| Management And General | 78696 | ManagementAndGeneral |
| Fundraising | 50150 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20471 | Total |
| Program Services | 20471 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54175 | Total |
| Program Services | 54175 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3316411 | Total |
| Program Services | 2746235 | ProgramServices |
| Management And General | 64323 | ManagementAndGeneral |
| Fundraising | 505853 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2125265 | Total |
| Program Services | 2125265 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85553 | Total |
| Management And General | 52539 | ManagementAndGeneral |
| Fundraising | 33014 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 793812 | Total |
| Program Services | 793812 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2009486 | Total |
| Program Services | 2009486 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245428 | Total |
| Program Services | 245428 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CUSTODIAL SERVICES | 735914 | 735914 | ||
| MISCELLANEOUS | 677782 | 28028 | 256776 | 392978 |
| OUTSIDE SERVICES | 591090 | 500519 | 90571 | |
| PROPERTY TAXES | 39147 | 39147 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26192021 | Total |
| Program Services | 22129744 | ProgramServices |
| Management And General | 2102087 | ManagementAndGeneral |
| Fundraising | 1960190 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1434500 | BOY |
| EOY | 3090305 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3268728 | BOY |
| EOY | 7945860 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 692522 | BOY |
| EOY | 662075 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1091665 | BOY |
| EOY | 934448 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 86637561 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26260196 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60410690 | BOY |
| EOY | 60377365 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49901250 | BOY |
| EOY | 52245617 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20438194 | BOY |
| EOY | 20025254 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2834731 | BOY |
| EOY | 2646597 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140072280 | BOY |
| EOY | 147927521 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 859316 | BOY |
| EOY | 937259 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2682754 | BOY |
| EOY | 3159396 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22230305 | BOY |
| EOY | 21677244 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2205831 | BOY |
| EOY | 4064184 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27978206 | BOY |
| EOY | 29838083 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61891681 | BOY |
| EOY | 60734207 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17174143 | BOY |
| EOY | 21052816 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33028250 | BOY |
| EOY | 36302415 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112094074 | BOY |
| EOY | 118089438 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140072280 | BOY |
| EOY | 147927521 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 10602627 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -4607263 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 | 67513073 | BeginningOfYearBalance |
| Contributions | 3908356 | Contributions |
| Investment Earnings Or Losses | -3375228 | InvestmentEarningsOrLosses |
| End Of Year Balance | 68046201 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55961503 | BeginningOfYearBalance |
| Contributions | 2268937 | Contributions |
| Investment Earnings Or Losses | 9282633 | InvestmentEarningsOrLosses |
| End Of Year Balance | 67513073 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 49379759 | BeginningOfYearBalance |
| Contributions | 2663529 | Contributions |
| Investment Earnings Or Losses | 3918215 | InvestmentEarningsOrLosses |
| End Of Year Balance | 55961503 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 62915279 | BeginningOfYearBalance |
| Contributions | 3263766 | Contributions |
| Investment Earnings Or Losses | -16799286 | InvestmentEarningsOrLosses |
| End Of Year Balance | 49379759 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.28860 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.53350 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.17790 | 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 | 1553144 | OtherCostOrOtherBasis |
| Book Value | 1553144 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 77842847 | OtherCostOrOtherBasis |
| Depreciation | 20886483 | Depreciation |
| Book Value | 56956364 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6198640 | OtherCostOrOtherBasis |
| Depreciation | 5373713 | Depreciation |
| Book Value | 824927 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1042930 | OtherCostOrOtherBasis |
| Book Value | 1042930 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 60377365 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ALTERNATIVE INVESTMENTS | Description |
| Book Value | 20025254 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 20025254 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP AGREEMENT | Description |
| Amount | $4,064,184 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4064184 | TotalOfAmounts |
| Total Revenue | 36794648 | TotalRevenue |
| Total Expenses | 26192021 | TotalExpenses |
| Excess Or Deficit For Year | 10602627 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -2560776 | NetUnrealizedGLOnInvestments |
| Other | -$2,046,487 | OtherAmount |
| Total Adjustments | -4607263 | TotalAdjustments |
| Excess Or Deficit Per FS | 5995364 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 30206114 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2560776 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -2560776 | RevenueNotRptdF990 |
| Revenue Subtotal | 32766890 | RevenueSubtotal |
| Other Revenues Not Included | 4027758 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4027758 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 36794648 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22164263 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 22164263 | ExpensesSubtotal |
| Other Expenses Not Included | 4027758 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4027758 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 26192021 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEAR (2009-2011) OR EXPECTED TO BE TAKEN IN THE ACADEMY'S 2012 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF PERPETUAL TRUST -188,134. CHANGE IN VALUE OF INTEREST RATE SWAP -1,858,353. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,046,487. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID NETTED AGAINST STUDENT TUITION AND FEES ON FINANCIAL STATEMENTS 4,027,758. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID NETTED AGAINST STUDENT TUITION AND FEES ON FINANCIAL STATEMENTS 4,027,758. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | NEWSPAPER ADVERTISEMENT AS WELL AS A STATEMENT IN ALL APPROPRIATE PUBLICATIONS (SEE CATALOGUE). | Explanation |
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 | NEED BASED FINANCIAL ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 110 | NumberOfRecipients |
| Amount Of Cash Grant | 4027758 | AmountOfCashGrant |
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: STUDENT AID AMOUNTS ARE APPLIED AGAINST TUITION COSTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| 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 (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T CHANDLER HARDWICK | |||||||||||||
| 295065 | 0 | 0 | 0 | 0 | 0 | 30000 | 0 | 33805 | 0 | 358870 | 0 | 0 | 0 |
| JAMES A FRICK | |||||||||||||
| 198566 | 0 | 0 | 0 | 0 | 0 | 19050 | 0 | 63463 | 0 | 281079 | 0 | 0 | 0 |
| SELDEN D BACON JR | |||||||||||||
| 114454 | 0 | 0 | 0 | 0 | 0 | 11000 | 0 | 66834 | 0 | 192288 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NJ ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 222045817 | IssuerEIN |
| CUSIP Number | 645912062 | CUSIPNumber |
| Date Issued | 2007-10-01 | DateIssued |
| Issue Price | 23355000 | IssuePrice |
| Description Of Purpose | REFUND PRIOR ISSUE 1995 BONDS AND 1999 BONDS. CONSTRUCT ATHLETIC FACILITY. | 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) |
|---|---|---|
| Total Proceeds | 23355000 | TotalProceeds |
| Amount In Reserve Fund | 510046 | AmountInReserveFund |
| Refunding Escrow | 7815828 | RefundingEscrow |
| Issuance Costs From Proceeds | 342996 | IssuanceCostsFromProceeds |
| Capital Expenditures | 14686130 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | 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) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| 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 | WACHOVIA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 53 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 740177 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SALE OF STOCK | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | 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 THE SERVICES OF AN OUTSIDE BROKERAGE TO RECEIVE AND SELL STOCK GIFTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | HEADMASTER CHANDLER HARDWICK AND DIRECTOR OF STRATEGIC PLANNING MONIE HARDWICK ARE HUSBAND & WIFE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 REVIEW PROCESS INVOLVES A THOROUGH REVIEW BY THE EXECUTIVE COMMITTEE AND BUDGET/AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO SUBMISSION OF THE RETURN. ANY QUESTIONS OR CONCERNS THAT ARISE FROM THIS REVIEW ARE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE. THE COMPLETED 990 TAX RETURN IS SHARED WITH THE ENTIRE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT PRIOR TO SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH INDIVIDUAL OF THE BOARD OF TRUSTEES ANNUALLY RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY AND IS REQUIRED TO REVIEW THE POLICY AND REPORT ANY POSSIBLE CONFLICTS. COPIES OF ALL CONFLICT OF INTEREST RESPONSES ARE SENT TO SECRETARY OF THE BOARD FOR REVIEW AND RESPONSE IF NECESSARY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE COMPENSATION OF THE HEADMASTER IN RELATION TO A PEER GROUP OF SCHOOLS AND BASED UPON THIS ANALYSIS IN CONJUNCTION WITH A BI-ANNUAL PERFORMANCE EVALUATION THE COMPENSATION LEVEL IS ESTABLISHED. THE COMPENSATION LEVEL ESTABLISED BY THE COMMITTEE, FOR THE HEADMASTER, IS SHARED WITH THE REMAINDER OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE ALSO REVIEWS ALL ADMINISTRATIVE/KEY EMPLOYEE SALARIES THAT ARE ESTABLISHED BY THE HEADMASTER IN COMPARISON TO A PEER GROUP TO ENSURE THAT THEY ARE COMPARABLE AND COMMENSURATE WITH THE JOB RESPONSIBILITIES OF EACH INDIVIDUAL. ANY CONCERNS BY THE COMMITTEE ARE BROUGHT TO THE ATTENTION OF THE HEADMASTER. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -2,560,776. CHANGE IN VALUE OF PERPETUAL TRUST -188,134. CHANGE IN VALUE OF INTEREST RATE SWAP -1,858,353. TOTAL TO FORM 990, PART XI, LINE 5: -4,607,263. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THE BUDGET COMMITTEE OVERSEES THE AUDIT AND SELECTS THE AUDITORS AT THEIR MEETING IN MAY. |
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