THE PENNINGTON SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE PENNINGTON SCHOOL (EIN 21-0635004)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201311359349305536
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T14:16:46-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUM SMITH BROWN PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 VAUGHN DR | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 085406313 | 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 | 210635004 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PENNINGTON SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % MANAGEMENT | InCareOfName |
| Name Control | PENN | NameControl |
| Phone | 6097371838 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 W DELAWARE AVE | AddressLine1 |
| City | PENNINGTON | City |
| State | NJ | State |
| ZIP Code | 08534 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | J GRAEME MCWHIRTER | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6097376124 | Phone |
| Date Signed | 2013-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD C COYNE | Name |
| Phone | 6095201188 | 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 | STEPHANIE TOWNSEND | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 W DELAWARE AVE | AddressLine1 |
| City | PENNINGTON | City |
| State | NJ | State |
| ZIP Code | 08534 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26094257 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PENNINGTON.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | NOT-FOR-PROFIT | TypeOfOrgOtherDescription |
| Year Formation | 1838 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | INDEPDENDENT, COEDUCATIONAL SCHOOL SERVING DAY AND BOARDING STUDENTS IN GRADES 6-12. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 229 | TotalNbrEmployees |
| Total Nbr Volunteers | 117 | TotalNbrVolunteers |
| Total Gross UBI | 148234 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 142024 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1686981 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1187880 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17033467 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17513196 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 958149 | InvestmentIncomePriorYear |
| Investment Income Current Year | 922957 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 450607 | OtherRevenuePriorYear |
| Other Revenue Current Year | 304507 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 20129204 | TotalRevenuePriorYear |
| Total Revenue Current Year | 19928540 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3105400 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3477070 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9507804 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9926062 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 749606 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6123725 | OtherExpensePriorYear |
| Other Expenses Current Year | 6295832 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 18736929 | TotalExpensesPriorYear |
| Total Expenses Current Year | 19698964 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1392275 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 229576 | RevenuesLessExpensesCY |
| Total Assets BOY | 52231702 | TotalAssetsBOY |
| Total Assets EOY | 51406372 | TotalAssetsEOY |
| Total Liabilities BOY | 12604652 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12908728 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 39627050 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 38497644 | NetAssetsOrFundBalancesEOY |
| Mission Description | INDEPENDENT, COEDUCATIONAL SCHOOL SERVING DAY AND BOARDING STUDENTS IN GRADES 6-12. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 15275270 | Expense |
| Grants | 3477070 | Grants |
| Revenue | 17513196 | Revenue |
| Description | COEDUCATIONAL DAY/BOARDING SCHOOL SERVICING GRADES 6 THROUGH 12. | Description |
| Total Program Service Expense | 15275270 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 22 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 229 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MANAGEMENT | NamePerson |
| Telephone Number | 6097371838 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 112 W DELAWARE AVE | AddressLine1 |
| City | PENNINGTON | City |
| State | NJ | State |
| ZIP Code | 08534 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| STEPHANIE TOWNSEND | |||||||
| HEAD OF SCHOOL | 40.0 | X | X | 232843 | 0 | 56688 | |
| ROBERT BECKETT | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ROBERT CASPER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| BISHOP SUDARSHANA DEVADHAR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| VERNON H HAMMOND II | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| TIM HARMON | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| A LOUIS DENTON ESQ | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| CYNTHIA HILLAS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JAMES HYMAN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL JINGOLI | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DENNIS KEATING | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JOHN SUYDAM KUHLTHAU | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| WALLACE KYLE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| REV DONALD MEDLEY | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| REV DAVID MERTZ | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| TIMOTHY O'BRIEN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| WILLIAM BELFIORE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DR RICHARD H SHARRETT | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| STEVEN M SILBERMAN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JORDAN GRAY | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| PETER J TUCCI ESQ | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ROBERT M WIGOD | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| REV ROBERT WILLIAMS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JOHN M ZUCCARELLI | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| BRIAN MARKISON | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| GUANG GUO | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| TARA KINSEY | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| HERB KLEI | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DAVID PARAGAMIAN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| KIM PIMLEY | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ANNETTE LAWLOR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| FRANKLIN SANDERS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| TIMOTHY VILE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| STEPHEN TAN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| VARLYNA WRIGHT | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| J GRAEME MCWHIRTER | |||||||
| CHIEF FINANCIAL OFFICER | 40.0 | X | 153000 | 0 | 64414 | ||
| WILLIAM HAWKEY | |||||||
| ASSISTANT HEADMASTER | 40.0 | 132250 | 0 | 42807 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 518093 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 163909 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JOHN VAN SELOUS CONSTRUCTION | |||||
| 1529 HARBOURTON ROCKTOWN ROAD | LAMBERTVILLE | NJ | 08530 | CONSTRUCTION | 112825 |
| ADVANCE ELECTRIC CO INC | |||||
| 1165 ROUTE 130 | ROBBINSVILLE | NJ | 08691 | CONSTRUCTION | 140115 |
| COMMERCIAL CLEANING CORPORATION | |||||
| 1602 PENNINGTON ROAD | TRENTON | NJ | 08618 | HOUSEKEEPING | 169062 |
| VAN CLEEF ENGINEERING ASSOCIATES | |||||
| 32 BROWER LANE | HILLSBOROUGH | NJ | 08844 | ENGINEERING SERVICES | 119221 |
| CM3 BUILDING SOLUTIONS INC | |||||
| 4667 SOMERTON ROAD C | FEASTERVILLE | PA | 19053 | CONTRACTOR | 117970 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 1187880 | AllOtherContributions |
| Noncash Contributions | 3705 | NoncashContributions |
| Total Contributions | 1187880 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION & FEES | Description |
| Total Revenue Column | 17513196 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17513196 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17513196 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 620755 | TotalRevenueColumn |
| Exclusion | $620,755 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 407288 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 271596 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 135692 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 135692 | TotalRevenueColumn |
| Unrelated Business Revenue | 135692 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5885700 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5583498 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 302202 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 302202 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 167565 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 79219 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 88346 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 279230 | GrossSalesOfInventory |
| Cost Of Goods Sold | 231404 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47826 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Business CodeBusinessCode | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| OTHER | 20101 | 20101 | ||
| YEARBOOK ADVERTISING | 12542 | 541800 | 12542 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 32643 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19928540 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17533297 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 148234 | UnrelatedBusinessRevenue |
| Exclusion | $620,755 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3346150 | Total |
| Program Services | 3346150 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130920 | Total |
| Program Services | 130920 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 680033 | Total |
| Program Services | 476023 | ProgramServices |
| Management And General | 170008 | ManagementAndGeneral |
| Fundraising | 34002 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7023472 | Total |
| Program Services | 4916430 | ProgramServices |
| Management And General | 1755868 | ManagementAndGeneral |
| Fundraising | 351174 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 475295 | Total |
| Program Services | 332706 | ProgramServices |
| Management And General | 118824 | ManagementAndGeneral |
| Fundraising | 23765 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1193871 | Total |
| Program Services | 835709 | ProgramServices |
| Management And General | 298468 | ManagementAndGeneral |
| Fundraising | 59694 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553391 | Total |
| Program Services | 387373 | ProgramServices |
| Management And General | 138348 | ManagementAndGeneral |
| Fundraising | 27670 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21775 | Total |
| Management And General | 21775 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86420 | Total |
| Management And General | 86420 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4248 | Total |
| Program Services | 4248 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83271 | Total |
| Management And General | 83271 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92400 | Total |
| Program Services | 64680 | ProgramServices |
| Management And General | 23100 | ManagementAndGeneral |
| Fundraising | 4620 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118421 | Total |
| Program Services | 118421 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 619768 | Total |
| Program Services | 433838 | ProgramServices |
| Management And General | 154942 | ManagementAndGeneral |
| Fundraising | 30988 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44382 | Total |
| Program Services | 44382 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286186 | Total |
| Program Services | 200330 | ProgramServices |
| Management And General | 85856 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1938069 | Total |
| Program Services | 1356648 | ProgramServices |
| Management And General | 484517 | ManagementAndGeneral |
| Fundraising | 96904 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167517 | Total |
| Program Services | 167517 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|
| DEVELOPMENT OFFICE | 118426 | 118426 | |
| ADMISSIONS | 63683 | 63683 | |
| HEALTH CENTER | 7781 | 7781 | |
| HEAD MASTER OFFICE | 226322 | 226322 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2417163 | Total |
| Program Services | 2162109 | ProgramServices |
| Management And General | 252691 | ManagementAndGeneral |
| Fundraising | 2363 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19698964 | Total |
| Program Services | 15275270 | ProgramServices |
| Management And General | 3674088 | ManagementAndGeneral |
| Fundraising | 749606 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3792123 | BOY |
| EOY | 4135068 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 583687 | BOY |
| EOY | 437691 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98638 | BOY |
| EOY | 89598 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83389 | BOY |
| EOY | 41717 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 284310 | BOY |
| EOY | 266454 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 42945168 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 22322624 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21074483 | BOY |
| EOY | 20622544 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26224170 | BOY |
| EOY | 25756313 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90902 | BOY |
| EOY | 56987 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52231702 | BOY |
| EOY | 51406372 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1658115 | BOY |
| EOY | 1755731 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2562952 | BOY |
| EOY | 3084665 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7170000 | BOY |
| EOY | 6995000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 463645 | BOY |
| EOY | 451551 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 749940 | BOY |
| EOY | 621781 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12604652 | BOY |
| EOY | 12908728 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26988979 | BOY |
| EOY | 26262165 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3807654 | BOY |
| EOY | 3833595 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8830417 | BOY |
| EOY | 8401884 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39627050 | BOY |
| EOY | 38497644 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52231702 | BOY |
| EOY | 51406372 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 229576 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1358982 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27969644 | BeginningOfYearBalance |
| Contributions | 123766 | Contributions |
| Investment Earnings Or Losses | -623443 | InvestmentEarningsOrLosses |
| Other Expenditures | 619046 | OtherExpenditures |
| End Of Year Balance | 26850921 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22456980 | BeginningOfYearBalance |
| Contributions | 221927 | Contributions |
| Investment Earnings Or Losses | 4657098 | InvestmentEarningsOrLosses |
| Other Expenditures | -633639 | OtherExpenditures |
| End Of Year Balance | 27969644 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19479969 | BeginningOfYearBalance |
| Contributions | 1112291 | Contributions |
| Investment Earnings Or Losses | 2194360 | InvestmentEarningsOrLosses |
| Other Expenditures | 329640 | OtherExpenditures |
| End Of Year Balance | 22456980 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23959814 | BeginningOfYearBalance |
| Contributions | 126700 | Contributions |
| Investment Earnings Or Losses | -4440463 | InvestmentEarningsOrLosses |
| Other Expenditures | 166082 | OtherExpenditures |
| End Of Year Balance | 19479969 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.55000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.31000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 258677 | OtherCostOrOtherBasis |
| Book Value | 258677 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 32046165 | OtherCostOrOtherBasis |
| Depreciation | 16045865 | Depreciation |
| Book Value | 16000300 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4452192 | OtherCostOrOtherBasis |
| Depreciation | 1493747 | Depreciation |
| Book Value | 2958445 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4240432 | OtherCostOrOtherBasis |
| Depreciation | 3433592 | Depreciation |
| Book Value | 806840 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1947702 | OtherCostOrOtherBasis |
| Depreciation | 1349420 | Depreciation |
| Book Value | 598282 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 20622544 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIABILTIY INTEREST RATE SWAP | $441,666 |
| SWAP TERMINATION LIABILITY | $180,115 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 621781 | TotalOfAmounts |
| Total Revenue | 19928540 | TotalRevenue |
| Total Expenses | 19698964 | TotalExpenses |
| Excess Or Deficit For Year | 229576 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1416317 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 3712 | PriorPeriodAdjustments |
| Other | $53,623 | OtherAmount |
| Total Adjustments | -1358982 | TotalAdjustments |
| Excess Or Deficit Per FS | -1129406 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15653908 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1416317 | NetUnrealizedGainsInvestments |
| Other Revenues | -2858315 | OtherRevenues |
| Revenue Not Rptd F990 | -4274632 | RevenueNotRptdF990 |
| Revenue Subtotal | 19928540 | RevenueSubtotal |
| Total Revenue Per Form990 | 19928540 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 16836937 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -2862027 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -2862027 | ExpensesNotRptdF990 |
| Expenses Subtotal | 19698964 | ExpensesSubtotal |
| Total Expenses Per Form990 | 19698964 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| REVENUE RECONCILIATION ITEMS | SCHEDULE D, PART XII | VARIOUS ITEMS CLASSIFICATION DIFFERENCES BETWEEN TAX RETURN AND FINANCIAL STATEMENT: 1. SCHOLARSHIPS AND FINANCIAL ASSISTANCE $3,477,070 2. RENTAL EXPENSES ($271,596) 3. DIRECT FUNDRAISING EXPENSES ($79,219) 4. COSTS OF GOODS SOLD ($231,404) 5. MISCELLANEOUS ADJUSTMENT ($36,536). |
| LOSS ON INTEREST RATE SWAP | SCHEDULE D, PART XIII, LINE 2D | LOSS ON INTEREST RATE SWAP $(53,623), EXPENSE ON FINANCIAL STATEMENT, CHANGE IN NET ASSETS ON TAX RETURN |
| EXPENSE RECONCILIATION ITEMS | SCHEDULE D PART XIII, LINE 2D | VARIOUS ITEMS CLASSIFICATION DIFFERENCES BETWEEN TAX RETURN AND FINANCIAL STATEMENT: 1. SCHOLARSHIPS AND FINANCIAL ASSISTANCE $3,477,070 2. RENTAL EXPENSES ($271,596) 3. DIRECT FUNDRAISING EXPENSES ($79,219) 4. COSTS OF GOODS SOLD ($231,404) 5. MISCELLANEOUS ADJUSTMENT $20,799. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NONDISCRIMINATORY POLICY NOTICE | Identifier |
| Return Reference | FORM 990 SCHEDULE R LINE 3 | ReturnReference |
| Explanation | THE ORGANIZATION ADVERTISES THROUGH LOCAL NEWSPAPERS. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | East Asia and the Pacific | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Fundraising | TypeOfActivitiesConducted |
| Total Expenditures | 21898 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 21898 | SubtotalAmountSpent |
| Total Amount Spent | 21898 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (2 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|
| SCHOLARSHIPS AND FINANCIAL AID OUTSIDE US | Europe/Iceland/Greenland | 1 | 44310 | FMV |
| SCHOLARSHIPS AND FINANCIAL AID OUTSIDE US | Cent. America/Caribbean | 2 | 86610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 161880 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 161880 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 79219 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 5685 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 5685 | GrossRevenueOtherEvents |
| Gross Receipts Total | 167565 | GrossReceiptsTotal |
| Gross Revenue Total Events | 167565 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 79219 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 79219 | DirectExpenseSummaryEvents |
| Net Income Summary | 88346 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 138 | NumberOfRecipients |
| Amount Of Cash Grant | 3346150 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEE EXPLANATION FOR PART I, LINE 2 | Identifier |
| Return Reference | SCHEDULE I, PART III | ReturnReference |
| Explanation | THERE WERE 136 RECIPIENTS OF FINANCIAL AID AND 5 RECIPIENTS OF SCHOLARSHIPS. THE SCHOLARSHIPS ARE AWARDED ON A MERIT OR NEED BASIS AND COVER THE COST OF A DAY TUITION. FINANCIAL AID IS AWARDED ON A NEED BASIS USING INDUSTRY STANDARD FINANCIAL DISCLOSURES AND CALCULATIONS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEPHANIE TOWNSEND | |||||||||||||
| 215000 | 0 | 0 | 0 | 17843 | 0 | 0 | 0 | 56688 | 0 | 289531 | 0 | 0 | 0 |
| WILLIAM HAWKEY | |||||||||||||
| 131950 | 0 | 300 | 0 | 0 | 0 | 0 | 0 | 42807 | 0 | 175057 | 0 | 0 | 0 |
| J GRAEME MCWHIRTER | |||||||||||||
| 153000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64414 | 0 | 217414 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION QUESTIONS | Identifier |
| Return Reference | SCHEDULE J, PART 1 | ReturnReference |
| Explanation | STEPHANIE TOWNSEND IS REIMBURSED FOR GOLF CLUB MEMBERSHIP FEES. MS. TOWNSEND WAS ASKED TO JOIN THE GOLF CLUB, WHICH DOES NOT ACCEPT CORPORATE MEMBERS, ON BEHALF OF THE SCHOOL. AS A RESULT THE COSTS ASSOCIATED WITH MEMBERSHIP ARE GROSSED UP FOR TAX PURPOSES AND MS. TOWNSEND IS REIMBURSED THE ASSOCIATED TAX. STEPHANIE TOWNSEND IS PROVIDED A SUPPLEMENTAL PENSION IN 2011-2012. THE COST WAS $15,500. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY ECONOMIC AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 222045817 | IssuerEIN |
| CUSIP Number | 64577MY17 | CUSIPNumber |
| Date Issued | 2009-11-20 | DateIssued |
| Issue Price | 7500000 | IssuePrice |
| Description Of Purpose | RESTRUCTURING OF NJEDA BONDS | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 7500000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 63059 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.02440 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.02440 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.04880 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | false | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | true | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITIZENS BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 5. | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | true | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Regulatory Safe Harbor Satisfied | false | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | HERBERT KLEI | NameOfInterestedPerson |
| Relationship With Organization | TRUSTEE | RelationshipWithOrganization |
| Amount Of Grant | 12750 | AmountOfGrant |
| Type Of Assistance | FINANCIAL AID | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MICHAEL JINGOLI | |||
| TRUSTEE/INTEREST IN CO. | 7600 | CO. PROVIDED CONSTRUCTION MGMT | false |
| JAMES HYMAN | |||
| TRUSTEE/OFFICER OF BANK | 16725 | INTEREST PAID TO BANK | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 166585 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | VARIOUS ITEMS | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25250 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CONFLICT OF INTEREST POLICY | PART VI, SECTION B, 12C | SCHOOL REQUIRES ALL BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES TO SIGN ANNUAL CONFLICT OF INTEREST POLICIES. |
| COMPENSATION POLICY | PART VI, SECTION B, 15B | HEAD OF SCHOOL HAS BEEN IDENTIFIED AS A KEY EMPLOYEE. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES MEETS TO DECIDE COMPENSATION. MEMBERS OF COMMITTEE ARE INDEPENDENT. COMMITTEE MEMBER PREPARES COMPARABLE DATA FROM TAX RETURNS (USING GUIDESTAR) AND NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (COLLECTED BY CFO). THIS MATERIAL IS REVIEWED BY EXECUTIVE COMMITTEE. BOARD OF TRUSTESS RATIFIES COMMITTEE'S FINDINGS. |
| 990 REVIEW PROCESS | PART VI, SECTION B, 11 | FORM 990 PREPARED BY INDEPENDENT ACCOUNTANTS, REVIEWED BY FINANCE COMMITTEE AND MADE AVAILABLE TO INDIVIDUAL TRUSTEES EITHER BY EMAIL OR AT A BOARD MEETING PRIOR TO FILING. |
| DOCUMENTS AVAILABLE TO THE PUBLIC | PART VI, SECTION C, 19 | THE SCHOOL'S FORM 990 AND 990-T ARE AVAILABLE ON WWW.GUIDESTAR.ORG. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. |
| RECONCILIATION OF NET ASSETS | FORM 990, PAGE 12, PART XI, LINE 5 | THE RECONCILING NUMBER IS MADE UP OF THE UNREALIZED GAIN/LOSS AMOUNT OF ($1,416,317) LESS THE AMOUNT OF THE INTERST RATE SWAP AND PRIOR PERIOD ADJUSTMENT FOR INVESTMENTS $57,335. |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:ADMINISTRATIVE TOTAL EXPENSES:132220 MANAGEMENT AND GENERAL:132220 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:INVESTMENT MANAGEMENT TOTAL EXPENSES:108657 MANAGEMENT AND GENERAL:108657 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:BAD DEBT EXPENSE TOTAL EXPENSES:10000 PROGRAM SERVICES:10000 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:FOOD SERVICES TOTAL EXPENSES:895356 PROGRAM SERVICES:895356 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:ATHLETICS TOTAL EXPENSES:163352 PROGRAM SERVICES:163352 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:LIBRARY TOTAL EXPENSES:43935 PROGRAM SERVICES:43935 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:RESIDENTIAL LIFE TOTAL EXPENSES:52075 PROGRAM SERVICES:52075 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:INSTRUCTIONAL/OTHER TOTAL EXPENSES:488021 PROGRAM SERVICES:488021 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:EQUIPMENT RENTAL & MAINTENANCE TOTAL EXPENSES:476291 PROGRAM SERVICES:476291 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:PRINTING & PUBLICATION TOTAL EXPENSES:47256 PROGRAM SERVICES:33079 MANAGEMENT AND GENERAL:11814 FUNDRAISING:2363 |
Comments