RALEIGH SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- RALEIGH SCHOOL INC (EIN 56-0729351)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-14
- IRS object ID
- 201320459349300547
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-14T09:32:52-06:00 | 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 | BATCHELOR TILLERY & ROBERTS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 GLENWOOD AVENUE SUITE 350 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27612 | 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 | 560729351 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RALEIGH SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % HEATHER CAMPBELL | InCareOfName |
| Name Control | RALE | NameControl |
| Phone | 9195460788 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1141 RALEIGH SCHOOL DRIVE | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27607 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT LICHTENSTEIN | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 9195460788 | Phone |
| Date Signed | 2013-02-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD A BATCHELOR | Name |
| Phone | 9197878212 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BUD LICHTENSTEIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1141 RALEIGH SCHOOL DR | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4618566 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.raleighschool.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 65 | TotalNbrEmployees |
| Total Nbr Volunteers | 640 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 195218 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 404760 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3343035 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3471784 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 179617 | InvestmentIncomePriorYear |
| Investment Income Current Year | 36045 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 32809 | OtherRevenuePriorYear |
| Other Revenue Current Year | 34257 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3750679 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3946846 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 63335 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 70175 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2353205 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2459485 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 7127 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1042329 | OtherExpensePriorYear |
| Other Expenses Current Year | 1107745 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3458869 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3637405 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 291810 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 309441 | RevenuesLessExpensesCY |
| Total Assets BOY | 11017779 | TotalAssetsBOY |
| Total Assets EOY | 11203423 | TotalAssetsEOY |
| Total Liabilities BOY | 6339845 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6326737 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4677934 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4876686 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1938158 | Expense |
| Grants | 65500 | Grants |
| Revenue | 2640700 | Revenue |
| Description | PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 264 CHILDREN. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 546022 | Expense |
| Grants | 4675 | Grants |
| Revenue | 722398 | Revenue |
| Description | PROVIDED PRESCHOOL CLASSES FOR 177 CHILDREN UNDER THE AGE OF FIVE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2484180 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| 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 | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | 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 | true | 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 | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 65 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| 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 | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | 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 | false | 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 | HEATHER CAMPBELL | NamePerson |
| Telephone Number | 9195460788 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1141 RALEIGH SCHOOL DRIVE | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27607 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| JENNIFER FERRIS | |||||||
| BOARD CHAIR | 2.0 | X | 0 | 0 | 0 | ||
| CRAIG LUPTON-SMITH | |||||||
| 1ST VICE CHAIR | 2.0 | X | 0 | 0 | 0 | ||
| SHUSHMA PATEL | |||||||
| 2ND VICE CHAIR | 2.0 | X | 0 | 0 | 0 | ||
| JENNIFER DEARMAN | |||||||
| SECRETARY | 1.0 | X | 0 | 0 | 0 | ||
| SANDER CASINO | |||||||
| TREASURER | 1.0 | X | 0 | 0 | 0 | ||
| ANU MANNAR | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| CHASE HADDIX | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| SANDY WOOD | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| DAVID WOODARD | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| LEAH GOODNIGHT TYLER | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| BRIAN MULQUEEN | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| LISA PATEL | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| NICKY DUNLAP | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| ARTEMIS NEWMAN | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| DAVE CARMAN | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| DON BERGER | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| MAUREEN SAWCHAK | |||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | ||
| ROBERT LICHTENSTEIN | |||||||
| HEAD OF SCHOOL | 40.0 | 81317 | 0 | 3451 | X | ||
| ELIZABETH GILLELAND | |||||||
| DIRECTOR, PRESCHOOL | 40.0 | 69620 | 0 | 15294 | X | ||
| MARY GOLDEN | |||||||
| DIRECTOR, ELEMENTARY | 40.0 | 66904 | 0 | 13786 | X | ||
| HEATHER CAMPBELL | |||||||
| BUSINESS MANAGER | 20.0 | 44370 | 0 | 3009 | X | ||
| HARRIET LASHER | |||||||
| FORMER HEAD OF SCHOOL | 40.0 | 128418 | 0 | 13610 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 390629 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 49150 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 23379 | FundraisingEvents |
| All Other Contributions | 381381 | AllOtherContributions |
| Noncash Contributions | 223328 | NoncashContributions |
| Total Contributions | 404760 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION | 900099 | 3095315 | 3095315 | |
| REGISTRATION & FEES | 611710 | 196620 | 196620 | |
| SUMMER CAMP | 900099 | 71163 | 71163 | |
| EXTENDED CARE | 900099 | 108686 | $108,686 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3471784 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 71979 | TotalRevenueColumn |
| Exclusion | $71,979 | 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 Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 594924 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 630858 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -35934 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -35934 | TotalRevenueColumn |
| Exclusion | -$35,934 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 72308 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 23379 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 40862 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31446 | TotalRevenueColumn |
| Exclusion | $31,446 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC. REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2811 | TotalRevenueColumn |
| Exclusion | $2,811 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2811 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3946846 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3363098 | RelatedOrExemptFunctionIncome |
| Exclusion | $178,988 | 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 | 70175 | Total |
| Program Services | 70175 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 391830 | Total |
| Management And General | 391830 | ManagementAndGeneral |
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 | 1616819 | Total |
| Program Services | 1451707 | ProgramServices |
| Management And General | 165112 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129223 | Total |
| Program Services | 103059 | ProgramServices |
| Management And General | 26164 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168232 | Total |
| Program Services | 134991 | ProgramServices |
| Management And General | 33241 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153381 | Total |
| Program Services | 107741 | ProgramServices |
| Management And General | 45640 | ManagementAndGeneral |
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 | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27805 | Total |
| Management And General | 27805 | 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 | 34516 | Total |
| Program Services | 9688 | ProgramServices |
| Management And General | 24828 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53256 | Total |
| Program Services | 12759 | ProgramServices |
| Management And General | 40497 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23689 | Total |
| Management And General | 23689 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143531 | Total |
| Program Services | 85704 | ProgramServices |
| Management And General | 57827 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41278 | Total |
| Program Services | 29792 | ProgramServices |
| Management And General | 11486 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183930 | Total |
| Program Services | 129200 | ProgramServices |
| Management And General | 54730 | ManagementAndGeneral |
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 | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120514 | Total |
| Management And General | 120514 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 318796 | Total |
| Program Services | 223935 | ProgramServices |
| Management And General | 94861 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25363 | Total |
| Program Services | 17816 | ProgramServices |
| Management And General | 7547 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| HEAD OF SCHOOL TRANSITION | 45101 | 31681 | 13420 |
| TEACHER EDUCATION | 16871 | 16871 | |
| SUMMER CAMP | 14706 | 14706 | |
| EVERYDAY MATHEMATICS & PHONICS | 9687 | 9687 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48702 | Total |
| Program Services | 34668 | ProgramServices |
| Management And General | 6907 | ManagementAndGeneral |
| Fundraising | 7127 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3637405 | Total |
| Program Services | 2484180 | ProgramServices |
| Management And General | 1146098 | ManagementAndGeneral |
| Fundraising | 7127 | 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 | 3362061 | BOY |
| EOY | 3623507 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7175 | BOY |
| EOY | 3184 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18084 | BOY |
| EOY | 23343 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40854 | BOY |
| EOY | 52660 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7712857 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2698842 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5023335 | BOY |
| EOY | 5014015 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2257879 | BOY |
| EOY | 2193290 | 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 | 308391 | BOY |
| EOY | 293424 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11017779 | BOY |
| EOY | 11203423 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450513 | BOY |
| EOY | 554981 | 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 | 2198313 | BOY |
| EOY | 2197992 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3600000 | BOY |
| EOY | 3500000 | 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 | 0 | BOY |
| EOY | 0 | 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 | 91019 | BOY |
| EOY | 73764 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6339845 | BOY |
| EOY | 6326737 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4636377 | BOY |
| EOY | 4832916 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8767 | BOY |
| EOY | 10512 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32790 | BOY |
| EOY | 33258 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4677934 | BOY |
| EOY | 4876686 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11017779 | BOY |
| EOY | 11203423 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 309441 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -110689 | 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 | 306213 | BeginningOfYearBalance |
| Contributions | 468 | Contributions |
| Investment Earnings Or Losses | -765 | InvestmentEarningsOrLosses |
| End Of Year Balance | 305916 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 228921 | BeginningOfYearBalance |
| Contributions | 32790 | Contributions |
| Investment Earnings Or Losses | 44502 | InvestmentEarningsOrLosses |
| End Of Year Balance | 306213 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 0 | BeginningOfYearBalance |
| Contributions | 250000 | Contributions |
| Investment Earnings Or Losses | -21079 | InvestmentEarningsOrLosses |
| End Of Year Balance | 228921 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 0 | BeginningOfYearBalance |
| End Of Year Balance | 0 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.86019 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.10872 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03109 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 677577 | OtherCostOrOtherBasis |
| Book Value | 677577 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6504789 | OtherCostOrOtherBasis |
| Depreciation | 2416872 | Depreciation |
| Book Value | 4087917 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 506159 | OtherCostOrOtherBasis |
| Depreciation | 281281 | Depreciation |
| Book Value | 224878 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24332 | OtherCostOrOtherBasis |
| Depreciation | 689 | Depreciation |
| Book Value | 23643 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5014015 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED COMPENSATION | Description |
| Amount | $73,764 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 73764 | TotalOfAmounts |
| Total Revenue | 3946846 | TotalRevenue |
| Total Expenses | 3637405 | TotalExpenses |
| Excess Or Deficit For Year | 309441 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -91109 | NetUnrealizedGLOnInvestments |
| Other | -$19,580 | OtherAmount |
| Total Adjustments | -110689 | TotalAdjustments |
| Excess Or Deficit Per FS | 198752 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3781929 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -91109 | NetUnrealizedGainsInvestments |
| Other Revenues | -73213 | OtherRevenues |
| Revenue Not Rptd F990 | -164322 | RevenueNotRptdF990 |
| Revenue Subtotal | 3946251 | RevenueSubtotal |
| Other Revenues Not Included | 595 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 595 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3946846 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3563597 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -595 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -595 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3564192 | ExpensesSubtotal |
| Other Expenses Not Included | 73213 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 73213 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3637405 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | PART V, LINE 4: | THE ENDOWMENT WAS ESTABLISHED IN 2010 TO SUPPORT FIVE KEY AREAS - FINANCIAL AID, TEACHER ENRICHMENT, FACILITIES MAINTENANCE, TECHNOLOGY AND PROGRAMS CONSISTENT WITH THE SCHOOL'S MISSION INCLUDING ACADEMICS, ART, MUSIC, LANGUAGE, PHYSICAL EDUCATION, AND SOCIAL AND EMOTIONAL DEVELOPMENT. |
| RECONCILIATION OF CHANGE IN NET ASSETS | PART XI, LINE 8 | UNREALIZED LOSS ON CASH FLOW HEDGE |
| RECONCILIATION OF REVENUE | SCHEDULE D, PART XII | LINE 2D: $(70,175) FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $(3,038) OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $(73,213) LINE 4B: FUNDRAISING EVENTS EXPENSE REFUND NETTED WITH FINANCIAL STATEMENT EXPENSE |
| RECONCILIATION OF EXPENSES | SCHEDULE D, PART XIII | LINE 2D: FUNDRAISING EVENTS EXPENSE REFUND NETTED WITH FINANCIAL STATEMENT EXPENSE LINE 4B: $70,175 FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $3,038 OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $73,213 |
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 | RACIALLY NODISCRIMINATORY POLICY | Identifier |
| Return Reference | SCHEDULE E PART I QUESTION 3 | ReturnReference |
| Explanation | NON-DISCRIMINATORY POLICY IS ADVERTISED IN AREA-WIDE PUBLICATIONS WHEN SOLICITATION FOR ENROLLMENT IS MADE. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CARNIVAL | NameOfEvent1 |
| Gross Receipts Event1 | 56928 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 23379 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 33549 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 23291 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LUNCH | NameOfEvent2 |
| Gross Receipts Event2 | 24346 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 24346 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 15224 | FoodAndBeverageEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 7737 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 7737 | GrossRevenueOtherEvents |
| Gross Receipts Total | 89011 | GrossReceiptsTotal |
| Charitable Contributions Total | 23379 | CharitableContributionsTotal |
| Gross Revenue Total Events | 65632 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 15224 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 23291 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 38515 | DirectExpenseSummaryEvents |
| Net Income Summary | 27117 | 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 | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 22 | NumberOfRecipients |
| Amount Of Cash Grant | 70175 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | THE RALEIGH SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANT'S FINANCIAL INFORMATION. THIS SERVICE IS PROVIDED BY TADS. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO TADS FOR PROCESSING. A SUMMARY REPORT OF THE FAMILY FINANCIAL INFORMATION IS SENT TO THE RALEIGH SCHOOL. ONCE THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HARRIET LASHER | NamePerson |
| Base Compensation Filing Org | 64276 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 64142 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 9272 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 4571 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 142261 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 561592154 | IssuerEIN |
| CUSIP Number | 65818PEJ4 | CUSIPNumber |
| Date Issued | 2006-06-15 | DateIssued |
| Issue Price | 4000000 | IssuePrice |
| Description Of Purpose | FINANCE OF EDUCATIONAL FACILITIES | DescriptionOfPurpose |
| Defeased | true | 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 | 4000000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 2047923 | RefundingEscrow |
| Issuance Costs From Proceeds | 143332 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 1808745 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | true | 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 | PrcntgePrvtBusinessUseByOthers |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | 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 | BB&T | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 25.2 | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | - | NameOfInterestedPerson |
| Amount Of Grant | 3038 | AmountOfGrant |
| Type Of Assistance | TUITION DISC. | TypeOfAssistance |
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 | |
| 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 | IT EQUIP. & TELEPHONE SYSTEM | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 223328 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PERSONS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY | FORM 990, PART VI, LINE 7A: | As outlined in the school's by-laws, members of The Raleigh School's governing structure or Board of Trustees are elected by "Active Members" of the organization. This election is held at the school's Annual Meeting. Active Members are comprised of all current parents, lawful guardians, foster parents, and employees of the school. |
| FORM 990 REVIEW | FORM 990, PART VI, LINE 11B: | THE FORM 990 WAS GIVEN TO THE BOARD FINANCE COMMITTEE FOR REVIEW. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C: | THE SCHOOL HAS A CONFLICT OF INTEREST POLICY. IT IS PART OF NEW BOARD TRAINING AND IS INCLUDED IN THE BOARD'S TRAINING MANUAL. THE CONFLICT OF INTEREST POLICY IS RENEWED AND SIGNED ANNUALLY. |
| PROCESS FOR DETERMINING COMPENSATION | FORM 990, PART VI, LINE 15: | THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION FOR THE HEAD OF SCHOOL. COMPENSATION IS SET AFTER CONSIDERING BENCHMARKS INCLUDING DATA FROM INDEPENDENT SCHOOL ORGANIZATIONS (NCAIS AND SAIS) AND VIEWING PEER SCHOOL FORM 990S ON-LINE. THE HEAD OF SCHOOL SETS SALARIES FOR DIVISION DIRECTORS USING SIMILAR BENCHMARKS. |
| MAKING DOCUMENTS AVAILABLE TO THE PUBLIC | FORM 990, PART VI, LINE 19: | GOVERNING DOCUMENTS ARE AVAILABLE ON-LINE. FORM 990 IS AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE AND ON-LINE AT GUIDESTAR. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL TRUSTEES AND IS AVAILABLE TO THE PUBLIC AT THE SCHOOL'S OFFICES. THE MONTHLY FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF TRUSTEES. THE TREASURER REPORTS TO THE BOARD OF TRUSTEES DURING MONTHLY BOARD MEETINGS. |
| SUPPLEMENTAL INFORMATION ON TAX-EXEMPT BONDS | SCHEDULE K, PART II, LINE 7: | ISSUANCE COSTS FROM PROCEEDS CONSISTS OF PROCEEDS OF $80,000 USED FOR BOND ISSUANCE COSTS AND PROCEEDS OF $63,332 USED FOR CREDIT ENHANCEMENT. |
| SUPPLEMENTAL INFORMATION ON RECONCILIATION OF NET ASSETS | FORM 990, PART XI, LINE 5: | $(91,109) NET UNREALIZED LOSS ON INVESTMENTS + $(19,580) UNREALIZED LOSS ON CASH FLOW HEDGE = $(110,689) OTHER CHANGES IN NET ASSETS OR FUND BALANCE. |
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