SEWICKLEY ACADEMY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SEWICKLEY ACADEMY (EIN 25-0965558)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-25
- IRS object ID
- 201320259349300722
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-25T13:41:43-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251249913 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALIN BERGQUIST & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 MCKNIGHT EAST DRIVE | AddressLine1 |
| City | PITTSBURGH | City |
| State | PA | State |
| ZIP Code | 15237 | 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 | 250965558 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEWICKLEY ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SEWI | NameControl |
| Phone | 4127412230 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 ACADEMY AVENUE | AddressLine1 |
| City | SEWICKLEY | City |
| State | PA | State |
| ZIP Code | 15143 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN DILLON | Name |
| Title | DIRECTOR OF FINANCE/OPERATIONS | Title |
| Phone | 4127412230 | Phone |
| Date Signed | 2013-01-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00354011 | PTIN |
| Phone | 4123649395 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KOLIA O'CONNOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 ACADEMY AVENUE | AddressLine1 |
| City | SEWICKLEY | City |
| State | PA | State |
| ZIP Code | 15143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 18597898 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SEWICKLEY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1838 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | OPERATION OF A PRIVATE SCHOOL FOR EDUCATIONAL PURPOSES | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 243 | TotalNbrEmployees |
| Total Nbr Volunteers | 60 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1766854 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2552014 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 14825781 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 14801774 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1617931 | InvestmentIncomePriorYear |
| Investment Income Current Year | -164581 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 297378 | OtherRevenuePriorYear |
| Other Revenue Current Year | 246522 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18507944 | TotalRevenuePriorYear |
| Total Revenue Current Year | 17435729 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1544945 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1587752 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11097380 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11064090 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 631047 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4121698 | OtherExpensePriorYear |
| Other Expenses Current Year | 4818639 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16764023 | TotalExpensesPriorYear |
| Total Expenses Current Year | 17470481 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1743921 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -34752 | RevenuesLessExpensesCY |
| Total Assets BOY | 60432874 | TotalAssetsBOY |
| Total Assets EOY | 58519300 | TotalAssetsEOY |
| Total Liabilities BOY | 8511308 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7477243 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 51921566 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 51042057 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEWICKLEY ACADEMY INSPIRES AND EDUCATES STUDENTS TO ENGAGE THEIR HEARTS, MINDS, AND HANDS TO CULTIVATE THEIR FULL INDIVIDUAL AND COLLECTIVE POTENTIAL IN THE SERVICE OF A GREATER GOOD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13365785 | Expense |
| Grants | 1587752 | Grants |
| Revenue | 14889653 | Revenue |
| Description | AS PITTSBURGH'S OLDEST CO-EDUCATIONAL, COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL, SEWICKLEY ACADEMY PREPARES ITS OVER 720 STUDENTS FOR A LIFETIME OF SUCCESS BY INSPIRING THEM TO REACH THEIR FULL POTENTIAL AS CURIOUS, COURAGEOUS, AND COMPASSIONATE LEARNERS. THE STUDENT BODY IS HIGHLY DIVERSE AND RESIDE IN VARIOUS SCHOOL DISTRICTS IN THE TRI-STATE AREA. EXCEPTIONAL PROGRAMS, SMALL CLASSES, AND TALENTED FACULTY HELP STUDENTS BECOME CONSCIENTIOUS LEADERS, CRITICAL THINKERS, AND RESPONSIBLE MEMBERS OF A GLOBAL COMMUNITY. THE ACADEMY'S COMMITMENT TO EDUCATIONAL EXCELLENCE IS EVIDENT IN 100% OF GRADUATES CONTINUING THEIR EDUCATION AT A FOUR-YEAR INSTITUTION. STUDENTS FROM THE CLASS OF 2012 WERE OFFERED MORE THAN $4.3 MILLION IN MERIT SCHOLARSHIPS AND 92% WERE ADMITTED TO THEIR TOP-CHOICE COLLEGE OR UNIVERSITY. ADDITIONAL ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. | Description |
| Total Program Service Expense | 13365785 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 258 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 243 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | 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 |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN DILLON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4127412230 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 ACADEMY AVENUE | AddressLine1 |
| City | SEWICKLEY | City |
| State | PA | State |
| ZIP Code | 15143 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DR GLENN A BUTERBAUGH | ||||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| DR GREGORY B PATRICK | ||||||||
| MEMBER AT LARGE | 1.00 | X | 0 | 0 | 0 | |||
| MR KOLIA O'CONNOR | ||||||||
| HEAD OF SCHOOL | 55.00 | X | 273491 | 0 | 124299 | X | ||
| MR MARK G POEPPING | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS AMY K MARSH | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| MRS AMY SIMMONS SEBASTIAN | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| MRS LISA M GIUSTI | ||||||||
| MEMBER AT LARGE | 1.00 | X | 0 | 0 | 0 | |||
| MRS MARGARET SHIELDS GILFILLAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS MARY BARBOUR | ||||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |||
| MRS MARY MACKEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS SUSIE HUMPHREY KELLER | ||||||||
| MEMBER AT LARGE | 1.00 | X | 0 | 0 | 0 | |||
| MS CLAIRE KENDRICK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR THOMAS S JONES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR ROBERT JAMES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR DOUGLAS MCADAMS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MS GRETCHEN HANSEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR ERIC JOHNSON | ||||||||
| MEMBER AT LARGE | 1.00 | X | 0 | 0 | 0 | |||
| MRS LOUANN TRONSBERG DEIHLE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS AMY MUSE LANG | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR BRANDON ELLIOTT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR ASHVIN RAGOOWANSI | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS LORRAINE HOUSTON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR BRUCE HOUGHTALING | ||||||||
| HEAD SENIOR SCHOOL | 55.00 | 112384 | 0 | 14120 | X | |||
| MS CLAUDIA GALLANT | ||||||||
| ASST. HEAD OF SCHOOL FOR A | 55.00 | 133864 | 0 | 15666 | X | |||
| MR JOHN DILLON | ||||||||
| DIR OF FIN & OPS | 55.00 | 138618 | 0 | 12144 | X | |||
| MR WIN PALMER | ||||||||
| ATHLETIC DIRECTOR | 55.00 | 120336 | 0 | 17522 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 778693 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 183751 | 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 |
|---|---|---|---|---|---|
| MOSITES CONSTRUCTION CO | |||||
| 4839 CAMPBELLS RUN RD | PITTSBURGH | PA | 15205 | CONSTRUCTION | 2743120 |
| GUGGENHEIM INVESTOR SERVICES | |||||
| 135 EAST 57TH ST 11TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT MANAGEMENT FEES | 262255 |
| HUCKESTEIN MECHANICAL SER INC | |||||
| 46A SOUTH LINDEN STREET | DUQUESNE | PA | 15110 | HVAC SERVICING | 238497 |
| TIFF | |||||
| 200 BARR HARBOR DR STE 100 | W CONSHOHECKEN | PA | 19428 | INVESTMENT MANAGEMENT FEES | 155221 |
| STA-CORAOPOLIS | |||||
| 200 KENDELL STREET | CORAOPOLIS | PA | 15108 | STUDENT TRANSPORTATION | 130343 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Government Grants | 84859 | GovernmentGrants |
| All Other Contributions | 2467155 | AllOtherContributions |
| Noncash Contributions | 236284 | NoncashContributions |
| Total Contributions | 2552014 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 14358935 | 14358935 |
| ACTIVITIES & SPECIAL F | 611600 | 399711 | 399711 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43128 | TotalRevenueColumn |
| Related Or Exempt Function Income | 43128 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 14801774 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 781207 | TotalRevenueColumn |
| Exclusion | $781,207 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 60246 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 26966 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 33280 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33280 | TotalRevenueColumn |
| Related Or Exempt Function Income | 33280 | RelatedOrExemptFunctionIncome |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 802957 | Securities |
| Other | 142831 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -802957 | Securities |
| Other | -142831 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -945788 | TotalRevenueColumn |
| Exclusion | -$945,788 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 231630 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 72987 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158643 | TotalRevenueColumn |
| Exclusion | $158,643 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 171027 | GrossSalesOfInventory |
| Cost Of Goods Sold | 116428 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 54599 | TotalRevenueColumn |
| Related Or Exempt Function Income | 54599 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17435729 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14889653 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$5,938 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1587752 | Total |
| Program Services | 1587752 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 473317 | Total |
| Management And General | 473317 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8585841 | Total |
| Program Services | 7342754 | ProgramServices |
| Management And General | 851091 | ManagementAndGeneral |
| Fundraising | 391996 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506772 | Total |
| Program Services | 310851 | ProgramServices |
| Management And General | 174658 | ManagementAndGeneral |
| Fundraising | 21263 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 847954 | Total |
| Program Services | 537708 | ProgramServices |
| Management And General | 266982 | ManagementAndGeneral |
| Fundraising | 43264 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650206 | Total |
| Program Services | 379152 | ProgramServices |
| Management And General | 246300 | ManagementAndGeneral |
| Fundraising | 24754 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26260 | Total |
| Management And General | 26260 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47124 | Total |
| Management And General | 47124 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 423445 | Total |
| Management And General | 423445 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32154 | Total |
| Program Services | 32154 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84425 | Total |
| Program Services | 1908 | ProgramServices |
| Management And General | 82517 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 358879 | Total |
| Program Services | 206645 | ProgramServices |
| Management And General | 121740 | ManagementAndGeneral |
| Fundraising | 30494 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147700 | Total |
| Program Services | 147700 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3499 | Total |
| Program Services | 3499 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 781545 | Total |
| Program Services | 781545 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29764 | Total |
| Program Services | 29764 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59604 | Total |
| Program Services | 33392 | ProgramServices |
| Management And General | 19926 | ManagementAndGeneral |
| Fundraising | 6286 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180110 | Total |
| Program Services | 180110 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1065678 | Total |
| Program Services | 1065678 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108441 | Total |
| Management And General | 108441 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EDUCATIONAL CLASSROOM | 632487 | 376110 | 244851 | 11526 |
| PROFESSIONAL DEVELOPMEN | 156064 | 156064 | ||
| ATHLETIC PROGRAM | 144422 | 144422 | ||
| EQUIPMENT RENTAL & MAIN | 118859 | 69080 | 49779 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 418179 | Total |
| Program Services | 135561 | ProgramServices |
| Management And General | 181154 | ManagementAndGeneral |
| Fundraising | 101464 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17470481 | Total |
| Program Services | 13365785 | ProgramServices |
| Management And General | 3473649 | ManagementAndGeneral |
| Fundraising | 631047 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1380 | BOY |
| EOY | 384 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2811856 | BOY |
| EOY | 1422514 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 725369 | BOY |
| EOY | 776891 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47866 | BOY |
| EOY | 106542 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109747 | BOY |
| EOY | 104809 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30000 | BOY |
| EOY | 26000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 40940789 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15402753 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23727066 | BOY |
| EOY | 25538036 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32979590 | BOY |
| EOY | 30544124 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60432874 | BOY |
| EOY | 58519300 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2229466 | BOY |
| EOY | 1547300 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383838 | BOY |
| EOY | 259095 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5400000 | BOY |
| EOY | 5000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 498004 | BOY |
| EOY | 670848 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8511308 | BOY |
| EOY | 7477243 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47564896 | BOY |
| EOY | 46136858 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1401703 | BOY |
| EOY | 1746277 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2954967 | BOY |
| EOY | 3158922 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51921566 | BOY |
| EOY | 51042057 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60432874 | BOY |
| EOY | 58519300 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -34752 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -844757 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32871340 | BeginningOfYearBalance |
| Contributions | 72855 | Contributions |
| Investment Earnings Or Losses | -685181 | InvestmentEarningsOrLosses |
| Other Expenditures | 1789361 | OtherExpenditures |
| End Of Year Balance | 30469653 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27863048 | BeginningOfYearBalance |
| Contributions | 1356060 | Contributions |
| Investment Earnings Or Losses | 5339834 | InvestmentEarningsOrLosses |
| Other Expenditures | 1687602 | OtherExpenditures |
| End Of Year Balance | 32871340 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24006196 | BeginningOfYearBalance |
| Contributions | 2322493 | Contributions |
| Investment Earnings Or Losses | 3019525 | InvestmentEarningsOrLosses |
| Other Expenditures | 1485166 | OtherExpenditures |
| End Of Year Balance | 27863048 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27818352 | BeginningOfYearBalance |
| Contributions | 2821580 | Contributions |
| Investment Earnings Or Losses | -5145422 | InvestmentEarningsOrLosses |
| Other Expenditures | 1488314 | OtherExpenditures |
| End Of Year Balance | 24006196 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.86600 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.03080 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.10320 | TermEndowmentEOYBalance |
| 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 | 236486 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 975552 | OtherCostOrOtherBasis |
| Book Value | 1212038 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1001240 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 31281432 | OtherCostOrOtherBasis |
| Depreciation | 13038713 | Depreciation |
| Book Value | 19243959 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 20000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2633190 | OtherCostOrOtherBasis |
| Depreciation | 2081327 | Depreciation |
| Book Value | 571863 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4792889 | OtherCostOrOtherBasis |
| Depreciation | 282713 | Depreciation |
| Book Value | 4510176 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 25538036 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CASH & CASH EQUIVALENTS | 62471 | F |
| INVESTMENT BONDS | 12000 | F |
| TIFF MULTI ASSET FUND | 30469653 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30544124 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP LIABILITY | Description |
| Amount | $670,848 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 670848 | TotalOfAmounts |
| Total Revenue | 17435729 | TotalRevenue |
| Total Expenses | 17470481 | TotalExpenses |
| Excess Or Deficit For Year | -34752 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -671913 | NetUnrealizedGLOnInvestments |
| Other | -$172,844 | OtherAmount |
| Total Adjustments | -844757 | TotalAdjustments |
| Excess Or Deficit Per FS | -879509 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15103173 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -671913 | NetUnrealizedGainsInvestments |
| Other Revenues | -1660643 | OtherRevenues |
| Revenue Not Rptd F990 | -2332556 | RevenueNotRptdF990 |
| Revenue Subtotal | 17435729 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 17435729 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15982682 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 99953 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 99953 | ExpensesNotRptdF990 |
| Expenses Subtotal | 15882729 | ExpensesSubtotal |
| Other Expenses Not Included | 1587752 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1587752 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 17470481 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE FINANCIAL SUPPORT TO THE ACADEMY FOR OPERATIONS AND CAPITAL PROJECTS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ACADEMY APPLIES PROVISIONS OF THE INCOME TAXES TOPIC OF FASB ACCOUNTING STANDARDS CODIFICATION THAT REQUIRE THE ACADEMY TO QUANTIFY AND RECORD THE ESTIMATED TAX LIABILITY, INCLUDING INTEREST AND PENALTIES, RELATED TO UNCERTAIN TAX POSITIONS ANTICIPATED TO BE TAKEN ON INCOME TAX RETURNS, AS WELL AS PROVIDE ENHANCED DISCLOSURES WITHIN THE FINANCIAL STATEMENTS. CURRENTLY, THE 2008-2010 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE ACADEMY IS NOT CURRENTLY UNDER AUDIT, NOR HAS THE ACADEMY BEEN CONTACTED BY THE IRS. THE ACADEMY HAS NOT BEEN SUBJECT TO ANY INCOME TAX PENALTIES OR INTEREST FOR ANY OPEN YEAR. BASED ON THE EVALUATION OF THE ACADEMY'S TAX POSITIONS AND ELECTIONS, MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN AND THE TAX EXEMPT STATUS OF THE ACADEMY WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED AS OF JUNE 30, 2012 AND 2011. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED INTEREST RATE SWAP ADJUSTMENT -172,844. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 72,987. UNREALIZED INTEREST RATE SWAP ADJUSTMENT -172,844. FINANCIAL AID & REMISSION -1,587,752. RENTAL EXPENSES 26,966. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 72,987. RENTAL EXPENSES 26,966. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID & REMISSION 1,587,752. |
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 | BROCHURES, CATALOGUES, ANNOUNCEMENTS AND SCHOLARSHIP FORMS ARE ON FILE AT THE ACADEMY AND ARE AVAILABLE FOR SUBMISSION UPON REQUEST. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SILVER ANNIVERSARY | NameOfEvent1 |
| Gross Receipts Event1 | 231630 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 231630 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 37382 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 35605 | EntertainmentEvent1 |
| Gross Receipts Total | 231630 | GrossReceiptsTotal |
| Gross Revenue Total Events | 231630 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 37382 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 35605 | EntertainmentTotalEvents |
| Direct Expense Summary Events | 72987 | DirectExpenseSummaryEvents |
| Net Income Summary | 158643 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| FINANCIAL AID | 92 | 1000679 | FMV |
| TUITION REMISSION | 49 | 587072 | FMV |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE GRANTS TO INDIVIDUALS REPRESENT TUITION SCHOLARSHIPS AND REMISSION GRANTED BY THE ACADEMY TO A SELECTION OF STUDENTS. THE ACADEMY DETERMINES ELIGIBILITY FOR SCHOLARSHIPS BASED ON ACADEMIC ABILITY AND FINANCIAL NEED OF THE STUDENT, AS WELL AS THE BUDGETED REVENUES AND EXPENSES OF THE ACADEMY. NO FURTHER MONITORING OF THE FUNDS ARE REQUIRED AS NO SPECIFIC REQUIREMENTS ARE APPLICABLE OTHER THAN THE STUDENT'S CONTINUED ADMISSION WITHIN THE ACADEMY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MR KOLIA O'CONNOR | |||||||||||||
| 273491 | 0 | 0 | 0 | 0 | 0 | 17150 | 0 | 107149 | 0 | 397790 | 0 | 0 | 0 |
| MR JOHN DILLON | |||||||||||||
| 138618 | 0 | 0 | 0 | 0 | 0 | 9457 | 0 | 2687 | 0 | 150762 | 0 | 0 | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 84859 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 42743 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | BASEBALL EQUIPMENT, CHATTELS, & FURNITURE | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 151425 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | INDEPENDENT VALUATION | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS SUBMITTED TO THE DIRECTOR OF FINANCE & OPERATIONS AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BUSINESS OFFICE AND HEAD OF SCHOOL OFFICE ARE AWARE OF POTENTIAL CONFLICTS AND MONITOR DURING NORMAL COURSE OF BUSINESS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BUSINESS OFFICE PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ON HEADS OF SCHOOL ANNUALLY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON VERBAL REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -671,913. UNREALIZED INTEREST RATE SWAP ADJUSTMENT -172,844. TOTAL TO FORM 990, PART XI, LINE 5: -844,757. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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