LOUDOUN COUNTRY DAY SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- LOUDOUN COUNTRY DAY SCHOOL INC (EIN 54-0662863)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201321359349303287
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T12:05:53-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541673769 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 EAST MARKET ST 200 | AddressLine1 |
| City | LEESBURG | City |
| State | VA | State |
| ZIP Code | 20176 | 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 | 540662863 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUDOUN COUNTRY DAY SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOUD | NameControl |
| Phone | 7037773841 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20600 RED CEDAR DRIVE | AddressLine1 |
| City | LEESBURG | City |
| State | VA | State |
| ZIP Code | 20175 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | E RANDALL HOLLISTER PHD | Name |
| Title | HEADMASTER | Title |
| Phone | 7037773841 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFFREY D MITCHELL | Name |
| PTIN | P00461359 | PTIN |
| Phone | 7037774900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | E RANDALL HOLLISTER PHD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20600 RED CEDAR DRIVE | AddressLine1 |
| City | LEESBURG | City |
| State | VA | State |
| ZIP Code | 20175 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6269678 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LCDS.ORG/ | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1959 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | TO NURTURE EACH STUDENT INTELLECTUALLY, ARTISTICALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 99 | TotalNbrEmployees |
| Total Nbr Volunteers | 215 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 566837 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 493102 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5090271 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5444563 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 28172 | InvestmentIncomePriorYear |
| Investment Income Current Year | 24993 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 56328 | OtherRevenuePriorYear |
| Other Revenue Current Year | 120986 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5741608 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6083644 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3541652 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3689127 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 256652 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2968431 | OtherExpensePriorYear |
| Other Expenses Current Year | 2962913 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6510083 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6652040 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -768475 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -568396 | RevenuesLessExpensesCY |
| Total Assets BOY | 37470083 | TotalAssetsBOY |
| Total Assets EOY | 37013964 | TotalAssetsEOY |
| Total Liabilities BOY | 21167236 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 21259017 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16302847 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 15754947 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO FOSTER THE INTELLECTUAL, EMOTIONAL, AND PHYSICAL GROWTH OF ITS CHILDREN IN A NURTURING ENVIRONMENT WHERE EACH CHILD IS RECOGNIZED AND VALUED. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5218458 | Expense |
| Revenue | 5444563 | Revenue |
| Description | THE TOTAL EDUCATIONAL PROGRAM AND EXPERIENCE DEVELOPS EACH STUDENT'S INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND PHYSICAL CAPACITIES. THE TOTAL EXPERIENCE PROMOTES INDEPENDENCE, RESPONSIBILITY, A GOOD WORK ETHIC, TEAMWORK, LEADERSHIP, SPORTSMANSHIP, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. PROGRAMS THAT OCCUR BEYOND THE REGULAR SCHOOL DAY HOURS OFFER OPPORTUNITIES FOR ENRICHMENT IN ACADEMICS, THE ARTS, AND PHYSICAL EDUCATION, AS WELL AS A SAFE ENVIRONMENT FOR CHILDREN TO BE CARED FOR UNTIL PICKED UP BY THEIR PARENTS. | Description |
| Total Program Service Expense | 5218458 | 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 | 0 | 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 | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 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 | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 20 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 99 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | 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 | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | 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 | KIMBERLY A MARTINO CPA LOUDOUN COUNTRY DAY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7037773841 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20600 RED CEDAR DRIVE | AddressLine1 |
| City | LEESBURG | City |
| State | VA | State |
| ZIP Code | 20175 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MARK A ROSSI JR | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| ROBERT MORAN | ||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| JAMES R MCDERMOTT | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| ANTONIO CALABRESE | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| TERRE HALL | ||||||
| PARENTS' ASSOCIATION TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MELANIE HERMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHRISTOPHER ETESSE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JON FINKELSTEIN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LISA STERN | ||||||
| FACULTY TRUSTEE | 40.00 | X | 47734 | 0 | 10574 | |
| CHRISTINE KALLIVOKAS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TRUDY NIGHTINGALE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DR JILL MCCABE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL MILLER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LARRY PARKS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOANNE THEURICH | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| E RANDALL HOLLISTER PHD | ||||||
| HEADMASTER | 60.00 | X | 311000 | 0 | 38670 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 358734 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 49244 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 493102 | AllOtherContributions |
| Total Contributions | 493102 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611710 | 4880109 | 4880109 |
| BLDG USE, ETC | 611710 | 496577 | 496577 |
| TRANSPORTATION FEE | 480000 | 67877 | 67877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5444563 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24993 | TotalRevenueColumn |
| Exclusion | $24,993 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 350630 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 186034 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 164596 | TotalRevenueColumn |
| Exclusion | $164,596 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MISCELLANEOUS | 900099 | 22240 | $22,240 |
| EXPIRED INCENTIVE PLED | 900099 | -65850 | -$65,850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -43610 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6083644 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5444563 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $145,979 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 419796 | Total |
| Program Services | 215314 | ProgramServices |
| Management And General | 118968 | ManagementAndGeneral |
| Fundraising | 85514 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2639201 | Total |
| Program Services | 2190537 | ProgramServices |
| Management And General | 395880 | ManagementAndGeneral |
| Fundraising | 52784 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104571 | Total |
| Program Services | 37271 | ProgramServices |
| Management And General | 59382 | ManagementAndGeneral |
| Fundraising | 7918 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299703 | Total |
| Program Services | 277270 | ProgramServices |
| Management And General | 19794 | ManagementAndGeneral |
| Fundraising | 2639 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 225856 | Total |
| Program Services | 158556 | ProgramServices |
| Management And General | 59382 | ManagementAndGeneral |
| Fundraising | 7918 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 975587 | Total |
| Program Services | 975587 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 698156 | Total |
| Program Services | 453801 | ProgramServices |
| Management And General | 244355 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OPERATIONS | 447641 | 447641 | ||
| INSTRUCTIONAL | 406152 | 406152 | ||
| GENERAL & ADMIN | 379048 | 279169 | 99879 | |
| FINANCING COSTS | 31296 | 31296 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25033 | Total |
| Program Services | 25033 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6652040 | Total |
| Program Services | 5218458 | ProgramServices |
| Management And General | 1176930 | ManagementAndGeneral |
| Fundraising | 256652 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107416 | BOY |
| EOY | 72087 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2683596 | BOY |
| EOY | 4083251 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2473438 | BOY |
| EOY | 1266150 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117705 | BOY |
| EOY | 67272 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13610 | BOY |
| EOY | 16605 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 33905098 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3066425 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31446668 | BOY |
| EOY | 30838673 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 612911 | BOY |
| EOY | 665819 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10065 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4674 | BOY |
| EOY | 4107 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37470083 | BOY |
| EOY | 37013964 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113170 | BOY |
| EOY | 101882 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19585000 | BOY |
| EOY | 19585000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1469066 | BOY |
| EOY | 1572135 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21167236 | BOY |
| EOY | 21259017 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13198828 | BOY |
| EOY | 13626962 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2506716 | BOY |
| EOY | 1464426 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 597303 | BOY |
| EOY | 663559 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16302847 | BOY |
| EOY | 15754947 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37470083 | BOY |
| EOY | 37013964 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -568396 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 20496 | 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 | 597303 | BeginningOfYearBalance |
| Contributions | 26075 | Contributions |
| Investment Earnings Or Losses | 40231 | InvestmentEarningsOrLosses |
| Administrative Expenses | -50 | AdministrativeExpenses |
| End Of Year Balance | 663559 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 528338 | BeginningOfYearBalance |
| Contributions | 6845 | Contributions |
| Investment Earnings Or Losses | 62170 | InvestmentEarningsOrLosses |
| Administrative Expenses | -50 | AdministrativeExpenses |
| End Of Year Balance | 597303 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 481139 | BeginningOfYearBalance |
| Contributions | 4339 | Contributions |
| Investment Earnings Or Losses | 42860 | InvestmentEarningsOrLosses |
| End Of Year Balance | 528338 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 515866 | BeginningOfYearBalance |
| Contributions | 5550 | Contributions |
| Investment Earnings Or Losses | -40226 | InvestmentEarningsOrLosses |
| Administrative Expenses | 51 | AdministrativeExpenses |
| End Of Year Balance | 481139 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1078285 | OtherCostOrOtherBasis |
| Book Value | 1078285 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29997236 | OtherCostOrOtherBasis |
| Depreciation | 1600962 | Depreciation |
| Book Value | 28396274 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1715129 | OtherCostOrOtherBasis |
| Depreciation | 1361388 | Depreciation |
| Book Value | 353741 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1114448 | OtherCostOrOtherBasis |
| Depreciation | 104075 | Depreciation |
| Book Value | 1010373 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 30838673 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ENROLLMENT DEPOSITS AND TUITION | $1,569,668 |
| ACCRUED INTEREST EXPENSE | $2,467 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1572135 | TotalOfAmounts |
| Total Revenue | 6083644 | TotalRevenue |
| Total Expenses | 6652040 | TotalExpenses |
| Excess Or Deficit For Year | -568396 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 20496 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 20496 | TotalAdjustments |
| Excess Or Deficit Per FS | -547900 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6104140 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 20496 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 20496 | RevenueNotRptdF990 |
| Revenue Subtotal | 6083644 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6083644 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6652040 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6652040 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6652040 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | READING CHAIR - $117,568 DIVERSITY SCHOLARSHIP - $284,707 OTHER ENDOWMENTS - $261,284 |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX PROVISIONS THAT WOULD REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. |
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 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 216139 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 216139 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 85580 | OtherDirectExpensesEvent1 |
| Name Of Event2 | HOT LUNCH PROGRAM | NameOfEvent2 |
| Gross Receipts Event2 | 107185 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 107185 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 84434 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 7 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 27306 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 27306 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 16020 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 350630 | GrossReceiptsTotal |
| Gross Revenue Total Events | 350630 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 186034 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 186034 | DirectExpenseSummaryEvents |
| Net Income Summary | 164596 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | E RANDALL HOLLISTER PHD | NamePerson |
| Base Compensation Filing Org | 289000 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 22000 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 11250 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 27420 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 349670 | 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 | IDA OF LOUDOUN COUNTY VA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521310230 | IssuerEIN |
| Date Issued | 2008-03-26 | DateIssued |
| Issue Price | 29700000 | IssuePrice |
| Description Of Purpose | TO BUILD NEW SCHOOL AT RED CEDAR | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 10115000 | AmountRetired |
| Total Proceeds | 29700000 | TotalProceeds |
| Capitalized Interest | 1431391 | CapitalizedInterest |
| Issuance Costs From Proceeds | 600306 | IssuanceCostsFromProceeds |
| Capital Expenditures | 26719276 | CapitalExpenditures |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PNC BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES AFTER IT IS REVIEWED BY THE FINANCE COMMITTEE, AND BEFORE IT IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS DISCUSSED DURING THE BOARD ORIENTATION SESSION, AND AT A MINIMUM OF ONE BOARD MEETING EACH YEAR. TRUSTEES ARE ENCOURAGED TO REPORT POTENTIAL OR ACTUAL CONFLICTS WITHOUT DELAY. EACH TRUSTEE IS REQUIRED TO COMPLETE AND SUBMIT ANNUALLY A RELATED PARTY QUESTIONNAIRE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION TASK FORCE REVIEWS COMPENSATION FOR COMPARABLE POSITIONS AMOUNG PEER SCHOOLS, AND SHARES THAT INFORMATION WITH THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONVENES TO REVIEW THE DATA AND RECOMMEND COMPENSATION FOR THE HEADMASTER. THE FULL BOARD OF TRUSTEES VOTES ON THE HEADMASTER'S COMPENSATION. THE HEADMASTER REVIEWS SALARY STUDIES FOR COMPARABLE POSITIONS IN INDEPENDENT SCHOOLS IN SETTING COMPENSATION LEVELS FOR LCDS STAFF AND FACULTY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | LOUDOUN COUNTRY DAY SCHOOL MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART VII, SECTION A, PART 1A & SCHEDULE J, PART II, COLUMN (E) | HEADMASTER'S TOTAL COMPENSATION COMPRISES THE FOLLOWING COMPONENTS TO PROVIDE A COMPENSATION PACKAGE WHICH RECOGNIZES THE SCHOOL'S SUSTAINED SUCCESS AND THE HEADMASTER'S CONTRIBUTIONS TO ITS SUCCESS. THE KEY COMPONENTS INCLUDE BASE SALARY ($225,000), HOUSING ALLOWANCE ($30,000), HIGH SCHOOL TUITION REIMBURSEMENT AND TAX GROSS-UP ($58,362), NONTAXABLE BENEFITS ($27,420) AND RETIREMENT CONTRIBUTION ($11,250). THE HEADMASTER HAS DECLINED TO ACCEPT ANNUAL COST OF LIVING INCREASES TO HIS BASE SALARY SINCE 2008; ALMOST ALL INCREASES IN THE HEADMASTER'S COMPENSATION SINCE 2008 ARE DUE TO TUITION REIMBURSEMENT, WHICH BEGAN WHEN THE HEADMASTER'S CHILDREN ENTERED HIGH SCHOOL AND WILL CONTINUE UNTIL THEY GRADUATE FROM HIGH SCHOOL, AT WHICH TIME SUCH PAYMENTS WILL END. | HEADMASTER'S COMPENSATION |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 20,496. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PART XI LINE 2C | THE BOARD OF TRUSTEES APPOINTS THE AUDITOR AND MEETS ANNUALLY WITH THE AUDITOR TO REVIEW THE AUDIT RESULTS AND FINANCIAL REPORT. | AUDIT OVERSIGHT |
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