BENJAMIN PRIVATE SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BENJAMIN PRIVATE SCHOOL INC (EIN 59-1536502)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201311359349307451
- Schema version
- 2011v1.5
- 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 J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T15:00:46-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591363792 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEEFE MCCULLOUGH & CO LLP CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6550 N FEDERAL HIGHWAY SUITE 410 | AddressLine1 |
| City | FT LAUDERDALE | City |
| State | FL | State |
| ZIP Code | 33308 | 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 | 591536502 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BENJAMIN PRIVATE SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BENJ | NameControl |
| Phone | 5616263747 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11000 ELLISON WILSON ROAD | AddressLine1 |
| City | NORTH PALM BEACH | City |
| State | FL | State |
| ZIP Code | 33408 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK J CAVALIERO JR | Name |
| Title | CFO | Title |
| Phone | 5616263747 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KENNETH G SMITH | Name |
| PTIN | P01054280 | PTIN |
| Phone | 9547710896 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FRANK J CAVALIERO JR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11000 ELLISON WILSON ROAD | AddressLine1 |
| City | NORTH PALM BEACH | City |
| State | FL | State |
| ZIP Code | 33408 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 23291171 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THEBENJAMINSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1960 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE BENJAMIN SCHOOL IS TO PROVIDE A CHALLENGING COLLEGE PREPATORY EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. THE SCHOOL MOTIVATES STUDENTS TO MASTER THE SKILLS OF LEARNING, COMMUNICATING , AND EVALUATING CHOICES, ENCOURAGES THEM TO GROW INTELLECTUALLY, SOCIALLY, MORALLY AND PHYSICALLY TO THEIR FULLEST POTENTIAL, AND DEVELOPS IN THEM A COHERENT SET OF VALUES THAT INCLUDES LOVE OF LEARNING, PERSONAL RESPONSIBILITY, SELF-MOTIVATION, CONCERN FOR OTHERS AND A DESIRE TO SERVE SOCIETY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 334 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1160848 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 885484 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20498814 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20642967 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 426506 | InvestmentIncomePriorYear |
| Investment Income Current Year | 425715 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1450774 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1337005 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 23536942 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23291171 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12408518 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12723543 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 724712 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9527485 | OtherExpensePriorYear |
| Other Expenses Current Year | 9246765 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 21936003 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21970308 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1600939 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1320863 | RevenuesLessExpensesCY |
| Total Assets BOY | 64037479 | TotalAssetsBOY |
| Total Assets EOY | 62787302 | TotalAssetsEOY |
| Total Liabilities BOY | 36488383 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 36234247 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 27549096 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 26553055 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE BENJAMIN SCHOOL IS TO PROVIDE A CHALLENGING COLLEGE PREPARATORY EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. THE SCHOOL MOTIVATES STUDENTS TO MASTER THE SKILLS OF LEARNING, COMMUNICATING AND EVALUATING CHOICES, AND ENCOURAGES THEM TO GROW INTELLECTUALLY, SOCIALLY, MORALLY, AESTHETICALLY, AND PHYSICALLY TO THEIR FULLEST INDIVIDUAL POTENTIAL. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9035704 | Expense |
| Revenue | 20781555 | Revenue |
| Description | STUDENTS WERE ENCOURAGED TO GROW TO THEIR FULLEST EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. STUDENTS WERE MOTIVATED TO MASTER THE SKILLS OF LEARNING, COMMUNICATING, EVALUATING CHOICES, AND WERE ENCOURAGED TO GROW TO THEIR FULLEST POTENTIAL. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 244742 | Expense |
| Revenue | 288647 | Revenue |
| Description | SUMMER CAMP CONSISTS OF A VARIETY OF ACTIVITIES TO PROVIDE STUDENTS WITH A FULLFILLING SUMMER VACATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9280446 | 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 | 1 | 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 | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | 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 | 0 | 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 | 1 | 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 | 0 | 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 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 334 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | FL | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK J CAVALIERO JR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5616263747 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11000 ELLISON WILSON RD | AddressLine1 |
| City | NORTH PALM BEACH | City |
| State | FL | State |
| ZIP Code | 33408 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DANIEL STANTON | ||||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS C FRANKEL | ||||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | |||
| JOSEPH W O'CONNOR | ||||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |||
| LINDA G REICHEL | ||||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |||
| CHARLES BARKER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MIRIAM ACOSTA-CASTRIZ | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RAY CELEDINAS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ALAN J CIKLIN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MITCH DAVIDSON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN W APPLEBY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RAY GRAZIOTTO | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LIZET GUILDFORD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KENNETH F KAHN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DAVID G LAMBERT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| GEORGIA HEARD O'BRIEN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SHEILA WAUGH | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BRIAN K WAXMAN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOSEPH J ZALUSKI | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LATTA BAUCOM | ||||||||
| DIRECTOR | 1.00 | X | 125000 | 0 | 0 | |||
| MICHAEL BRACCI | ||||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |||
| AL HOFFMAN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LYNDA JACOBS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ELLIN MILLER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| FRANK CAVALIERO | ||||||||
| CEO | 40.00 | 135857 | 0 | 0 | X | |||
| ROBERT S GOLDBERG | ||||||||
| HEADMASTER | 40.00 | 300075 | 0 | 0 | X | |||
| KENDALL DIDSBURY | ||||||||
| PROGRAM DIRECTOR | 40.00 | 124302 | 0 | 0 | X | |||
| CHARLES HAGY | ||||||||
| PROGRAM DIRECTOR | 40.00 | 113842 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 799076 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | 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 |
|---|---|---|---|---|---|
| FIELD OF DREAMS | |||||
| 7469 EDISTO DRIVE | LAKE WORTH | FL | 33467 | LANDSCAPING | 557756 |
| CELEDINAS INSURANCE GROUP | |||||
| 4283 NORTHLAKE BLVD | PALM BEACH GARDENS | FL | 33410 | INSURANCE | 373737 |
| COASTAL BUILDING MAINTENANCE | |||||
| PO BOX 2153 DEPT 5180 | BIRMINGHAM | AL | 35287 | CLEANING | 347023 |
| KENT SECURITY | |||||
| PO BOX 619006 | NORTH MIAMI | FL | 33181 | SECURITY | 214547 |
| VENUE INC | |||||
| 945 WEST 15TH STREET | RIVIERA BEACH | FL | 33404 | MARKETING | 134024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 885484 | AllOtherContributions |
| Total Contributions | 885484 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 19439645 | 19439645 |
| SUMMER CAMPS | 611600 | 288647 | 288647 |
| STUDENT ACTIVITY FEES | 611600 | 188666 | 188666 |
| APPLICATION FEES | 611600 | 49012 | 49012 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 676997 | TotalRevenueColumn |
| Related Or Exempt Function Income | 676997 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20642967 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 425715 | TotalRevenueColumn |
| Related Or Exempt Function Income | 425715 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1337005 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1337005 | TotalRevenueColumn |
| Exclusion | $1,337,005 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23291171 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21068682 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,337,005 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 799076 | Total |
| Program Services | 481203 | ProgramServices |
| Management And General | 317873 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9879219 | Total |
| Program Services | 5949261 | ProgramServices |
| Management And General | 3929958 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 471998 | Total |
| Program Services | 300768 | ProgramServices |
| Management And General | 171230 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 838072 | Total |
| Program Services | 493228 | ProgramServices |
| Management And General | 344844 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 735178 | Total |
| Program Services | 459391 | ProgramServices |
| Management And General | 275787 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32221 | Total |
| Management And General | 32221 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57755 | Total |
| Management And General | 57755 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41547 | Total |
| Management And General | 41547 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 494204 | Total |
| Program Services | 494204 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 156160 | Total |
| Management And General | 156160 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17991 | Total |
| Program Services | 17991 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 746754 | Total |
| Management And General | 746754 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1615821 | Total |
| Management And General | 1615821 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 568298 | Total |
| Management And General | 568298 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|---|
| MAINTENANCE/REPAIR | 1668110 | 1668110 | ||
| ADMINISTRATION EXPENSES | 1206702 | 1206702 | ||
| SPECIAL EVENTS | 724712 | 724712 | ||
| STUDENT ACTIVITES | 688904 | 688904 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1227586 | Total |
| Program Services | 395496 | ProgramServices |
| Management And General | 832090 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21970308 | Total |
| Program Services | 9280446 | ProgramServices |
| Management And General | 11965150 | ManagementAndGeneral |
| Fundraising | 724712 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12198026 | BOY |
| EOY | 12852621 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 768266 | BOY |
| EOY | 623618 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126598 | BOY |
| EOY | 90051 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225245 | BOY |
| EOY | 244024 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 319819 | BOY |
| EOY | 317710 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 47994634 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15480116 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33465567 | BOY |
| EOY | 32514518 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16112226 | BOY |
| EOY | 15294370 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 819078 | BOY |
| EOY | 847736 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2654 | BOY |
| EOY | 2654 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64037479 | BOY |
| EOY | 62787302 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1249808 | BOY |
| EOY | 1270380 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12990892 | BOY |
| EOY | 12782293 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19635000 | BOY |
| EOY | 18675000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 606965 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2005718 | BOY |
| EOY | 3506574 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36488383 | BOY |
| EOY | 36234247 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24474405 | BOY |
| EOY | 23428708 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2335699 | BOY |
| EOY | 2326337 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 738992 | BOY |
| EOY | 798010 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27549096 | BOY |
| EOY | 26553055 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64037479 | BOY |
| EOY | 62787302 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1320863 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2316904 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4053387 | BeginningOfYearBalance |
| Contributions | 59018 | Contributions |
| Investment Earnings Or Losses | -208382 | InvestmentEarningsOrLosses |
| Other Expenditures | 87414 | OtherExpenditures |
| End Of Year Balance | 3816609 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3542117 | BeginningOfYearBalance |
| Contributions | 91700 | Contributions |
| Investment Earnings Or Losses | 516137 | InvestmentEarningsOrLosses |
| Other Expenditures | 96567 | OtherExpenditures |
| End Of Year Balance | 4053387 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3202567 | BeginningOfYearBalance |
| Contributions | 64425 | Contributions |
| Investment Earnings Or Losses | 315174 | InvestmentEarningsOrLosses |
| Other Expenditures | 40049 | OtherExpenditures |
| End Of Year Balance | 3542117 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4042528 | BeginningOfYearBalance |
| Contributions | 27046 | Contributions |
| Investment Earnings Or Losses | -624143 | InvestmentEarningsOrLosses |
| Other Expenditures | 242864 | OtherExpenditures |
| End Of Year Balance | 3202567 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.79100 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.20900 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 7029758 | InvestmentCostOrOtherBasis |
| Book Value | 7029758 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 35352534 | OtherCostOrOtherBasis |
| Depreciation | 10956079 | Depreciation |
| Book Value | 24396455 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5612342 | OtherCostOrOtherBasis |
| Depreciation | 4524037 | Depreciation |
| Book Value | 1088305 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 32514518 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| RATE SWAP AGREEMENT | $3,498,023 |
| CAPITAL LEASE OBLIGATIONS | $8,551 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3506574 | TotalOfAmounts |
| Total Revenue | 23291171 | TotalRevenue |
| Total Expenses | 21970308 | TotalExpenses |
| Excess Or Deficit For Year | 1320863 | ExcessOrDeficitForYear |
| Other | -$2,316,904 | OtherAmount |
| Total Adjustments | -2316904 | TotalAdjustments |
| Excess Or Deficit Per FS | -996041 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20974267 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -738953 | NetUnrealizedGainsInvestments |
| Other Revenues | -1577951 | OtherRevenues |
| Revenue Not Rptd F990 | -2316904 | RevenueNotRptdF990 |
| Revenue Subtotal | 23291171 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 23291171 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 21970308 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21970308 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 21970308 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED GAIN IN SWAP AGREEMENT -738,953. UNREALIZED GAIN FROM INVESTMENTS -1,577,951. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,316,904. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED LOSS IN SWAP AGREEMENT |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT PROVISION |
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 | THE SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE SCHOOL CATALOG DISTRIBUTED TO ALL PROSPECTIVE STUDENTS, THE STUDENT HANDBOOK, AND IN LOCAL COUNTY NEWSPAPER. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Special Fundraising Events | X | SpecialFundraisingEvents |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 775397 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 775397 | GrossRevenueEvent1 |
| Name Of Event2 | SPONSORSHIP | NameOfEvent2 |
| Gross Receipts Event2 | 276982 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 276982 | GrossRevenueEvent2 |
| Total Number Of Other Events | 8 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 284626 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 284626 | GrossRevenueOtherEvents |
| Gross Receipts Total | 1337005 | GrossReceiptsTotal |
| Gross Revenue Total Events | 1337005 | GrossRevenueTotalEvents |
| Net Income Summary | 1337005 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT S GOLDBERG | NamePerson |
| Base Compensation Filing Org | 300075 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 300075 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PALM BEACH COUNTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 591536502 | IssuerEIN |
| Date Issued | 2003-01-01 | DateIssued |
| Issue Price | 24500000 | IssuePrice |
| Description Of Purpose | TO PROVIDE FUNDS FOR CAPITAL PROJECTS | 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) |
|---|---|---|
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | 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 | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT S GOLDBERG | NamePerson |
| Purpose Of Loan | FOR DOWN PAYMENT AND CERTAIN IMPROVEMENTS ON A HOME | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $300,000 | OriginalPrincipalAmount |
| Balance Due | 244024 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 244024 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PROVIDED TO THE VP OF THE INSTITUION WHERE IT IS REVIEWED BY THOSE WHO ARE RESPONSIBLE FOR FINANCIAL INFORMATION AND THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY IS EXAMINED AND ENFORCED THROUGH USE OF ANNUAL DISCLOSURES AS DETERMINED BY THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES CREATED A COMPENSATION COMMITTEE MADE UP OF INDIVIDUALS WHO DO NOT HAVE ANY CONFLICT OF INTEREST TO REVIEW AND APPROVE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE COMPENSATION OF EACH PERSON IS REVIEWED AND APPROVED USING DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANZIATIONS.THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. | |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990 AND RELATED IRS DOCUMENTS CAN BE FOUND AT WWW.GUIDESTAR.ORG | |
| 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 AT THE MAIN ADMINISTRATION OFFICE. | |
| FORM 990, PART XI, LINE 5: | UNREALIZED GAIN IN SWAP AGREEMENT -738,953. UNREALIZED GAIN FROM INVESTMENTS -1,577,951. TOTAL TO FORM 990, PART XI, LINE 5: -2,316,904. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| THE SCHOOL HAS AN ANNUAL AUDIT WHICH IS UNDER THE DIRECTION OF AN AUDIT COMMITTEE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | AUDIT - |
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