2013-05-14T13:59:54-05:00 2012-06-30 210650289 KLATZKIN & COMPANY LLP 1670 WHITEHORSE HAM SQ RD HAMILTON NJ 086903513 990 2011-07-01 222790041 PRINCETON FRIENDS SCHOOL PRIN 6096831194 470 QUAKER ROAD PRINCETON NJ 08540 Jane Fremon 6096831194 2013-05-14 1 THOMAS MARTIN P00123816 6098909189 2011 2016-02-24 21:20:13Z Jane Fremon 470 QUAKER ROAD PRINCETON NJ 08540 4142133 0 X princetonfriendsschool.org X 1986 NJ Princeton Friends School is organized as an educational and charitable organization, offering classes to day students in nursery through 8th grade. 16 16 90 28 0 0 368132 397175 3467175 3676968 48505 50855 0 1191 3883812 4126189 591964 599521 0 0 2138271 2247446 0 0 95578 1236115 1244495 3966350 4091462 -82538 34727 7090487 6737389 1210336 870002 5880151 5867387 PRINCETON FRIENDS SCHOOL IS ORGANIZED AS AN EDUCATIONAL AND CHARITABLE ORGANIZATION, OFFERING CLASSES TO DAY STUDENTS IN NURSERY THROUGH 8TH GRADE. 0 0 2504833 599521 3676968 The program activity provided is to operate and maintain a school in the Princeton, New Jersey area based on the tradition of Quaker values and practice. The school has approximately 132 students in pre-k through 8th grade. The school offers a non-competitive interdisciplinary curriculum that fosters intellectual liveliness, develops academic skills, emphasizes direct experience of subject matter, and responds to the individual learning styles, development needs, and personal interests of students. 2504833 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 90 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X PRINCETON FRIENDS SCHOOL 6096831194 470 QUAKER ROAD PRINCETON NJ 08540 MAGGIE ROSE 2.00 X X 0 0 0 ROB PIASIO 2.00 X X 0 0 0 ROBERT GREENE 0.50 X X 0 0 0 HOWARD ALTER 0.50 X 0 0 0 KEVIN MUETHING 0.50 X 0 0 0 TONY CAPOZZOLI 0.50 X 0 0 0 CAROL CHRISTOFFERSON 0.50 X 0 0 0 BURGESS EKMAN 0.50 X 0 0 0 JOSH GOLDSTON PEEK 0.50 X 0 0 0 LILIAN GROSZ 0.50 X 0 0 0 MARNA MATTHEWS 0.50 X 0 0 0 BRAD NICHOLSON 0.50 X 0 0 0 ABHIK HUQ 0.50 X 0 0 0 MARINA SCUDDER 0.50 X 0 0 0 MICHAEL ROBERTSON 0.50 X 0 0 0 JEAN MIKITA SASHIHARA 0.50 X 0 0 0 JANE FREMON 40.00 X 106217 0 12773 PETE JACQUES OCT 11 - APR 12 40.00 X 19972 0 1275 126189 0 14048 1 0 0 0 0 49836 347339 1951 397175 TUITION 611600 3077545 3077545 AFTER SCHOOL PROGRAMS 900099 561775 561775 STUDENT ACTIVITIES 900099 27355 27355 MISCELLANEOUS 900099 10293 10293 3676968 50855 50855 17135 49836 15944 1191 1191 4126189 3676968 0 52046 599521 599521 162823 162823 1713835 1131526 526220 56089 63126 47552 13813 1761 153752 115032 34712 4008 153910 98615 50602 4693 22762 22762 27110 27110 174802 60266 104475 10061 291524 291524 35250 20519 14443 288 133934 133934 45182 45182 AFTER SCHOOL PROGRAM 348525 348525 STUDENT ACTIVITIES 83277 83277 MISCELLANEOUS 24500 8911 15589 EQUIPMENT RENTAL 18328 18328 39301 36212 3089 4091462 2504833 1491051 95578 444385 421113 1153793 1153768 12598 10998 62931 85560 12195 5555 5045781 1330783 3810824 3714998 1498522 1250158 95239 95239 7090487 6737389 287518 305752 922818 564250 1210336 870002 X 5175909 5204711 704242 662676 5880151 5867387 7090487 6737389 X 34727 -47491 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1321930 24564 -6988 54500 1285006 1095867 290917 56854 8000 1321930 985749 30100 140438 60420 1095867 1299955 100 -237011 64650 12645 985749 0.49000 0.51000 0 0 200 200 4577192 949028 3628164 114664 104851 9813 353725 276904 76821 3714998 UNEARNED TUITION 564250 564250 4126189 4091462 34727 -47491 -47491 -12764 4117142 -47491 22500 -24991 4142133 -15944 -15944 4126189 4129906 22500 15944 38444 4091462 0 4091462 Description of Intended Use of Endowment Funds: Part V, Line 4: The School has adopted investment and spending policies for the endowment assets that attempt to preserve or increase its purchasing power over time, while providing a relatively stable and constant stream of cash distributions for use in the current operations of the School. Description of Uncertain Tax Positions Under FIN 48: Part X: The School is subject to routine audits by taxing jurisdictions. There are currently no such audits for any tax period in progress. Management believes that the school is no longer subject in income tax examinations for years prior to 2009. The School's policy is to classify income tax related interest and penalties in interest expense and miscellaneous operating costs, respectively. Part XII, Line 4b - Other Adjustments: DIRECT FUNDRAISING EXPENSES, NETTED AGAINST INCOME ON FORM 990 -15,944. Part XIII, Line 2d - Other Adjustments: DIRECT FUNDRAISING EXPENSES, NETTED AGAINST INCOME ON FORM 990 15,944. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 NEWS RELEASES AND DISPLAY ADS IN LOCAL PAPERS ALWAYS INCLUDE A RACIALLY NON-DISCRIMINATE POLICY STATEMENT. THE SCHOOL WELCOMES DIVERSITY AS A PART OF ITS PHILOSOPHY. FROLIC FOR FRIENDS 56341 49836 6505 5250 1255 56341 49836 6505 5250 1255 6505 0 1 RETURNING STUDENT TUITION AWARDS 37 407101 NEW STUDENT TUITION AWARDS 6 55300 TUITION REMISSION 7 66745 MISCELLANEOUS OTHER TUITION AWARDS 6 20750 LEARNING SUPPORT AID 15 49625 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The organization monitors the use of the grant funds by providing noncash awards. All grants/awards are direct deductions to the tuition amount due. BRAD NICHOLSON TRUSTEE 35400 SCHOLARSHIP Form 990, Part VI, Section B, line 11 Princeton Friends School does not supply a copy of the Form 990 to the entire board. Instead, the organization's policy is for the Treasurer of the board to review the Form 990 and then report to the entire governing body. Form 990, Part VI, Section B, line 12c The organization monitors and enforces its conflict of interest policy by requiring each trustee and senior administrator to sign an annual statement disclosing any conflict of interests. Form 990, Part VI, Section B, line 15a The executive director's salary is reviewed annually by the personnel committee. This process includes the review of salary data results compiled annually by the National Association of Independent Schools (NAIS) through its Statsonline annual statistical data survey. Comparative compensation reports are reviewed to benchmark groups, including the New Jersey Association of Independent Schools(NJAIS), Friends Council on Education (FCOE), and Princeton area independent schools. This is done annually; the last time was in June 2011. The final agreement was documented in a contract signed by the executive director as well as the clerk/president of the board. The organization has no other officers or key employees therefore question 15b is answered "no". Form 990, Part VI, Section C, line 19 Princeton Friends School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. In addition, the governing documents and policies are made available to the public via various school publications including the student & parent handbook, personnel manual, and head of school's annual report. The development director will usually send the annual audit report of financial statements and Form 990 to organizations that Princeton Friends School solicits for grants. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -47,491. Form 990, page 11, Part XI, Question 2c The organization has not changed the process of overseeing the audit or selecting an independent accountant during the fiscal year. PRINCETON MONTHLY MEETING OF THE RELIGIOUS ORDER OF FRIENDS 470 Quaker Road Princeton NJ 085404838 210738425 church/place of worship NJ 501(c)(3) 1 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0