2013-12-23T09:26:59-06:00 2013-06-30 EISNERAMPER LLP 111 WOOD AVE SO STE 600 ISELIN NJ 088302700 990 2012-07-01 221487185 Far Brook School % DONNA CHAHALIS FARB 9733793442 52 Great Hills Road Suite Short Hills NJ 07078 TONY STOVALL 9733793442 2013-10-16 true RICHARD A SACKIN 7322437000 2012 2015-11-30 17:44:51Z TOMMASO ZANOBINI 52 GREAT HILLS ROAD short hills NJ 07078 15561167 false X www.farbrook.org X 1948 NJ CO-ED INDEPENDENT DAY SCHOOL PROVIDING EDUCATION TO STUDENTS IN GRADES NURSERY THROUGH GRADE 8. 18 17 84 300 0 757269 4910631 6190801 6367175 342649 477939 214391 226143 7505110 11981888 568850 607635 0 0 5496993 5587026 0 159855 608129 1473222 1618757 7539065 7973273 -33955 4008615 12230388 16678958 1089811 1498993 11140577 15179965 CO-EDUCATIONAL INDEPENDENT DAY SCHOOL PROVIDING EDUCATION TO STUDENTS IN GRADES NURSERY THROUGH GRADE 8. OUR PURPOSE IS TO CREATE A SUPPORTIVE AND CARING COMMUNITY THAT CHERISHES LOVE OF LEARNING, CREATIVITY, AND INDIVIDUALITY. false false 5778833 607635 6593318 EDUCATION - A FAR BROOK EDUCATION TAKES PLACE IN AN ENVIRONMENT OF NATURAL BEAUTY AND INTIMACY, WHERE CHARACTER AND CITIZENSHIP ARE VALUED AS MUCH AS ACHIEVEMENT, PROCESS AS MUCH AS PRODUCT. IMPLICIT IN OUR PHILOSOPHY IS THE GOAL OF BRINGING STUDENTS TO THEIR HIGHEST LEVEL OF ACADEMIC AND PERSONAL COMPETENCY, BOTH FOR THEIR PRESENT AND IN PREPARATION FOR THEIR FUTURE EDUCATION. IT IS OUR DESIRE TO TOUCH THE LIFE OF EVERY CHILD SO THAT HE OR SHE MAY LIVE LIFE WISELY AND WITH GREAT JOY. GRANTS-FAR BROOK AWARDS FINANCIAL AID TO QUALIFIED FAMILIES AND TUITION REMISSION TO ELIGIBLE EMPLOYEES. THESE REPRESENT A DIRECT REDUCTION IN TUITION CHARGES AND PAYMENTS OTHERWISE OWED TO THE SCHOOL. THEY DO NOT TAKE THE FORM OF PAYMENTS TO THE RECIPIENTS. 5778833 true true false false false false false false false true true true false false false true true false true false false false false true false false false false true true false false false false false false false false true false false false false false false false false true 34 0 84 true false false false false false false false false false false false X 18 17 false false false false true true true true true false false true true true true true true true true false X X DONNA CHAHALIS 9733793442 52 GREAT HILLS ROAD Short Hills NJ 07078 Carol Chartouni 5.0 X Leah Kronthal 5.0 X Janine Kane 5.0 X Chris Susko 5.0 X Tom Kligerman 5.0 X Bradford Wiley II 5.0 X Barbara Pagos 5.0 X Tommaso Zanobini 5.0 X Anne-Marie Kim 5.0 X Megan McCall 40.0 X 62413 14911 Elyse N Post 5.0 X Marybeth Leithead 5.0 X Robert Kelly 5.0 X Krissy Mannello 5.0 X Mary Sue Fisher 10.0 X 0 0 Tony Stovall 5.0 X Carmine Fanelle 5.0 X Michelle Swittenberg 5.0 X Amy Ziebarth 50.0 X 265276 58232 James Benz 50.0 X 126537 54830 Donna Chahalis 50.0 X 145430 15871 Paula Levin 50.0 X 132092 14104 Mary E Lacey 50.0 X 104670 26786 836418 0 184734 5 false true false CENTERBROOK ARCHITECTS 67 MAIN STREET CENTERBROOK CT 06409 DESIGN OF BUILDINGS 160104 1 4910631 62910 4910631 TUITION AND FEES 611710 6367175 6367175 6367175 175426 175426 0 0 0 0 0 3881792 3579279 302513 302513 0 0 0 OTHER INCOME 900099 226143 226143 226143 11981888 6593318 175426 0 607635 607635 0 0 330600 65600 265000 0 3801446 2782446 723500 295500 321907 213177 86080 22650 785739 601127 144428 40184 347334 253721 73092 20521 0 13940 13940 14283 14283 0 159855 159855 22833 22833 0 38937 19253 19684 137631 92801 37364 7466 101891 81004 17321 3566 0 307264 264811 33835 8618 0 0 53472 42778 9090 1604 0 0 289927 231942 49288 8697 52227 52227 SCHOOL SUPPLIES, TRIPS 269179 269179 TRANSPORTATION 45135 45135 FOOD 74252 74252 AFTER SCHOOL PROGRAM 87749 87749 110037 65476 24777 19784 7973273 5778833 1586311 608129 686820 831961 0 0 200997 3437429 32717 9215 0 0 0 0 0 0 0 0 90697 120912 8020701 3964132 3500535 4056569 6256362 6791472 1462260 1431400 0 0 0 0 0 0 12230388 16678958 343084 627335 0 0 746727 771658 0 0 0 0 0 0 0 100000 0 0 0 0 1089811 1498993 X 6685715 7034873 893324 4498065 3561538 3647027 11140577 15179965 12230388 16678958 4008615 30773 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4690150 85489 431787 46488 137152 5023786 4806021 14283 39446 43181 126419 4690150 4317936 23004 629879 42582 122216 4806021 3708759 6449 769509 44317 122464 4317936 4587427 59934 -773500 43060 122042 3708759 0.15000 0.73000 0.12000 false false 73300 73300 6588077 3422611 3165465 589672 541521 48152 769642 769642 4056559 STRUCTURED SEC & FUND OF FUNDS 1431400 F 1431400 0 0 11405026 30773 30773 11374253 607635 607635 11981888 7365638 7365638 607635 607635 7973273 PART XII, LINE 4B: OTHER ADJUSTMENTS: FINANCIAL AID EXPENSES NOT INCLUDED ON FORM 990, PART VIII, LINE 2G 607,635 PART XIII, LINE 4B: OTHER ADJUSTMENTS: ADDITIONAL EXPENSE WHEN INCLUDING FINANCIAL AID EXPENSE 607,635 PART V, LINE 4: ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE SCHOOL MUST HOLD IN PERPETUITY AS WELL AS BOARD-DESIGNATED FUNDS. THE INVESTMENT OBJECTIVE OF THE ENDOWMENT FUNDS IS TO EARN AN EXPECTED RETURN THAT WILL (I) COVER THE DESIRED ANNUAL ALLOCATION TO THE OPERATING BUDGET (AS DETERMINED BY THE BOARD OF TRUSTEES), EXPECTED INFLATION, AND INVESTMENT FEES AND (II) PROVIDE LONG-TERM PRINCIPAL APPRECIATION. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") INTERPRETATION REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS, IN ACCORDANCE WITH ACCOUNTING FOR INCOME TAXES. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX-RELATED INTEREST AND PENALTIES RECORDED FOR YEAR ENDED JUNE 30, 2013. THE INCOME TAX RETURNS OF THE SCHOOL FOR JUNE 30, 2012, 2011 AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS AND OTHER VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. true true true true true true true false false false false false false false false false false true PART 1, LINE 3 THE SCHOOL PUBLISHES ITS RACIALLY NON-DISCRIMINATORY POLICY IN LOCAL NEWSPAPERS. X X X X X X true Graham-Pelton Campaign Consulting false 3955140 146385 3808755 Kris Ethington Donor Research false 13470 3955140 159855 3808755 true Financial Aid 34 607635 PART 1, LINE 2 FINANCIAL AID IS GRANTED TO STUDENTS ACCORDING TO NEED WHICH IS DETERMINED BY AN APPLICATION PROCESS. X true true X X X false false false false false false false false false Amy Ziebarth 265276 25250 32982 323508 James Benz 126537 10148 44682 181367 Donna Chahalis 145430 15150 721 161301 X 1 62910 FAIR MARKET VALUE false true true SCHEDULE M, PART I, LINE 32b FAR BROOK SCHOOL USES A BROKER TO SELL DONATED SECURITIES. FORM 990, PART I, Line 1: DESCRIPTION OF ORGANIZATION MISSION: OUR PURPOSE IS TO CREATE A SUPPORTIVE AND CARING COMMUNITY THAT CHERISHES LOVE OF LEARNING, CREATIVITY, AND INDIVIDUALITY. FORM 990, PART VI,SECTION A, Line 6: THE SCHOOL'S MEMBERS ARE THE PARENTS AND LEGAL GUARDIANS OF THE CHILDREN ENROLLED IN THE SCHOOL. FORM 990, PART VI, SECTION A, Line 7A: THESE MEMBERS ELECT THE BOARD OF TRUSTEES ANNUALLY. FORM 990,PART VI, SECTION A, Line 7B: THE SCHOOL'S BYLAWS PROVIDE MEMBERS WITH THE RIGHT TO VOTE WITH RESPECT TO (A) THE ELECTION AND RECALL OF TRUSTEES; (B) AMENDMENTS TO THE BYLAWS; AND (C) AMENDMENTS TO THE CERTIFICATE OF INCORPORATION. FORM 990, PART VI, SECTION B, Line 11: THE AUDIT COMMITTEE AND TREASURER REVIEW THE 990 AND RECOMMENDS FOR BOARD APPROVAL. FORM 990, PART VI, SECTION B, Line 12C: THE BOARD HAS A CONFLICT OF INTEREST POLICY FOR ITS MEMBERS WHICH REQUIRES WRITTEN DISCLOSURE EACH YEAR OF ACTUAL AND POTENTIAL CONFLICTS BASED ON DEFINITIONS CONTAINED IN THE POLICY. THERE IS AN ONGOING OBLIGATION TO UPDATE DISCLOSURES IF CIRCUMSTANCES CHANGE. FORM 990, PART VI, SECTION B, Line 15: THE BOARD REVIEWS AND SETS COMPENSATION FOR THE ORGANIZATION'S HEAD. THE BOARD AND MANAGEMENT REVIEW AND SET COMPENSATION FOR ALL OTHER POSITIONS IN A PROCESS THAT CONSIDERS COMPARABLE PAY DATA. FORM 990, PART VI, SECTION C, Line 19: THE ORGANIZATION MAKES ITS ANNUAL REPORT, WHICH INCLUDES FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO ITS MEMBERS UPON REQUEST. FORM 990, PART XII, Line 2C: THERE HAVE BEEN NO CHANGES TO THESE PROCESSES DURING THE TAX YEAR.