KENT PLACE SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- KENT PLACE SCHOOL (EIN 22-1487233)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-13
- IRS object ID
- 201330449349301553
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-13T16:39:59-06:00 | 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 | EISNERAMPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 ROUTE 202 SOUTH SUITE 500 | AddressLine1 |
| City | BRIDGEWATER | City |
| State | NJ | State |
| ZIP Code | 08807 | 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 | 221487233 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kent Place School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % KEVIN QUINN | InCareOfName |
| Name Control | KENT | NameControl |
| Phone | 9082730900 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1 |
| City | SUMMIT | City |
| State | NJ | State |
| ZIP Code | 07901 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN QUINN | Name |
| Title | CFO | Title |
| Date Signed | 2013-02-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS TAPP CPA | Name |
| Phone | 9082185002 | 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 | KEVIN QUINN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1 |
| City | SUMMIT | City |
| State | NJ | State |
| ZIP Code | 07901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 24337421 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.kentplace.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1894 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | The only nonsectarian girls' day school in NJ, KPS provides a rigorous and fulfilling education for over 600 students in Kindergarten through Grade 12. The School offers a coed nursery & Pre-Kindergarten program. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 342 | TotalNbrEmployees |
| Total Nbr Volunteers | 525 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 4737984 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1971053 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20545397 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 21252670 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 173726 | InvestmentIncomePriorYear |
| Investment Income Current Year | 221997 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 211762 | OtherRevenuePriorYear |
| Other Revenue Current Year | 183314 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 25668869 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23629034 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1952763 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2153643 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 14681328 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15334323 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 942462 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7220639 | OtherExpensePriorYear |
| Other Expenses Current Year | 7232600 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 23854730 | TotalExpensesPriorYear |
| Total Expenses Current Year | 24720566 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1814139 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1091532 | RevenuesLessExpensesCY |
| Total Assets BOY | 53714785 | TotalAssetsBOY |
| Total Assets EOY | 52258422 | TotalAssetsEOY |
| Total Liabilities BOY | 10374711 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9732296 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43340074 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 42526126 | NetAssetsOrFundBalancesEOY |
| Mission Description | FOR OVER 100 YEARS, KENT PLACES MISSION IS TO OFFER STUDENTS OF DIVERSE BACKGROUNDS, IN NURSERY THROUGH GRADE 12 AN ACADEMICALLY RIGOROUS CURRICULUM IN A CARING ATMOSPHERE TO INSPIRE YOUNG WOMEN TO LEADERSHIP AND TO STRENGTHEN MORAL AWARENESS. KENT PLACE PROVIDES THE STIMULUS FOR EACH STUDENT TO ACHIEVE HER FULL ACADEMIC, PHYSICAL AND CREATIVE POTENTIAL TO LOVE LEARNING TO GAIN CONFIDENCE TO LIVE RESPONSIBLY TO DEVELOP RESPECT FOR HERSELF AND OTHERS IN THE GLOBAL COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 16592825 | Expense |
| Grants | 2153643 | Grants |
| Revenue | 21332268 | Revenue |
| Description | OUR CURRICULUM AT KENT PLACE BEST EXPRESSES OUR COMMITMENT TO CHALLENGING GIRLS, INSPIRING THEIR LOVE OF LEARNING AND OFFERING THE RICHEST EDUCATION POSSIBLE. CLASSES ARE TAUGHT BY FACULTY WHO ARE MASTERS IN THEIR FIELDS AND PASSIONATE ABOUT LEARNING. VISUAL AND PERFORMING ARTS, AS WELL AS SPORTS INSTRUCTION, ARE AVAILABLE TO STUDENTS. IN A TYPICAL YEAR, MORE THAN 90 OF UPPER SCHOOL STUDENTS DEVOTE OVER 7,000 HOURS TO COMMUNITY SERVICE, AS WELL AS HAVE ENGAGED IN OUR GLOBAL SERVICE LEARNING INITIATIVE. KENT PLACE OFFERS SUMMER PROGRAMS WITH TRADITIONAL DAY CAMP, ENRICHMENT ACADEMIES, AND THE GIRLS LEADERSHIP INSTITUTE. KENT PLACE ALSO HAS AN ETHICS INSTITUTE, AFTERSCHOOL ENRICHMENT PROGRAMS, EXTENDED CARE, AND A GREEN CAMPUS INITIATIVE. OUR ETHICS INSTITUTE, A FIRST-OF-ITS-KIND AT THE ELEMENTARY AND SECONDARY SCHOOL LEVELS, BELIEVES THAT FOSTERING ETHICAL THINKING AND ETHICAL DECISION-MAKING IN THE YOUNGEST OF CHILDREN PREPARES THEM TO BE THE MOST EFFECTIVE LEADERS AND COMPASSIONATE CITIZENS OF TOMORROW. | Description |
| Total Program Service Expense | 16592825 | 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 | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | 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 | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | 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 | 80 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 1 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 342 | 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 | false | QuidProQuoContributions |
| 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 | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | 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 | false | 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 | KEVIN QUINN | NamePerson |
| Telephone Number | 9082730900 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1 |
| City | SUMMIT | City |
| State | NJ | State |
| ZIP Code | 07902 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| BEVERLY B MILLS | |||||||
| Pres, BD of Trustees | 2.0 | X | X | 0 | 0 | 0 | |
| KIMBERLY E TAYLOR | |||||||
| Vice Pres, Bd of Trustees | 2.0 | X | X | ||||
| JAMES A HISLOP | |||||||
| Treasurer, Bd of Trustees | 2.0 | X | X | ||||
| Elisabeth A Benthien | |||||||
| Trustee | 2.0 | X | 93259 | 11407 | |||
| Michele E Blanchard | |||||||
| Trustee | 2.0 | X | |||||
| Megan McConnell Brozowski | |||||||
| Trustee | 2.0 | X | |||||
| Alison L Canfield | |||||||
| Trustee | 2.0 | X | |||||
| G Alexander Crispo | |||||||
| TrusteE | 2.0 | X | |||||
| Jacqueline D Esquivel | |||||||
| Trustee | 2.0 | X | |||||
| Mirian M Graddick-Weir | |||||||
| Trustee | 2.0 | X | |||||
| Gentry A Hoit | |||||||
| Trustee | 2.0 | X | |||||
| Frances Griffith Laserson | |||||||
| Trustee | 2.0 | X | |||||
| Norman E Lewis | |||||||
| Trustee | 2.0 | X | |||||
| Mary Beth Lohuis | |||||||
| Trustee | 2.0 | X | |||||
| Catherine Herbst Machir | |||||||
| Trustee | 2.0 | X | |||||
| Donal F Mastrangelo | |||||||
| Trustee | 2.0 | X | |||||
| Kevin Mattingly | |||||||
| Trustee | 2.0 | X | |||||
| James H McGraw IV | |||||||
| Trustee | 2.0 | X | |||||
| Usha P Robillard | |||||||
| Trustee | 2.0 | X | |||||
| Craig H Schiffer | |||||||
| Trustee | 2.0 | X | |||||
| Janis E Smith-Gomez | |||||||
| SECRETARY, bD OF TrusteeS | 2.0 | X | X | ||||
| Thomas M Uhlman | |||||||
| Trustee | 2.0 | X | |||||
| Suzanne Shearer Whitehorn | |||||||
| Trustee | 2.0 | X | |||||
| Deborah E Wiley | |||||||
| Trustee | 2.0 | X | |||||
| Anre Williams | |||||||
| Trustee | 2.0 | X | |||||
| Susan C Bosland | |||||||
| Head of School | 40.0 | X | X | 292619 | 98008 | ||
| MARIA L CHRIN | |||||||
| TRUSTEE | 2.0 | X | |||||
| MICHAEL HENINGBURG JR | |||||||
| TRUSTEE | 2.0 | X | |||||
| ELIZABETH L MCGINLEY | |||||||
| TRUSTEE | 2.0 | X | |||||
| NEIL MOSKOWITZ | |||||||
| TRUSTEE | 2.0 | X | |||||
| Pamela Kapsimalis Parsells | |||||||
| TRUSTEE | 2.0 | X | |||||
| KEVIN QUINN | |||||||
| CHIEF FINANCIAL OFFICER | 40.0 | X | 69144 | 20233 | |||
| Sergio Alati | |||||||
| DIRECTOR OF STUDIES | 40.0 | 153257 | 7752 | X | |||
| Elizabeth Bugliari | |||||||
| Dir of Development | 40.0 | 149998 | 12518 | X | |||
| Karen Rezach | |||||||
| Dir of Middle School | 40.0 | 154790 | 18653 | X | |||
| Jennifer Simpson | |||||||
| Dir of College AdvISING | 40.0 | 144906 | 25027 | X | |||
| ELIZABETH WOODALL | |||||||
| DIRECTOR OF UPPER SCHOOL | 40.0 | 130245 | 30005 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1188218 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 223603 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| AVI Foodsystems Inc | |||||
| 2590 Elm Rd NE | WARREN | OH | 44483 | FOOD SERVICE | 762996 |
| John O'Hara Company Inc | |||||
| 218 North 15th Street PO BOX 4036 | EAST ORANGE | NJ | 07017 | CONSTRUCTION | 588591 |
| Visbeen Construction Co Inc | |||||
| 555 Goffle Road | RIDGEWOOD | NJ | 07450 | CONSTRUCTION | 163585 |
| Eastern Janitorial Services Inc | |||||
| 23 North Michigan Avenue | KENILWORTH | NJ | 07033 | CLEANING SERVICES | 145543 |
| Nadasky Kopelson Architects | |||||
| 95 Washington Street | MORRISTOWN | NJ | 07960 | ARCHITECTURE | 123227 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 47385 | FundraisingEvents |
| All Other Contributions | 1923668 | AllOtherContributions |
| Noncash Contributions | 480851 | NoncashContributions |
| Total Contributions | 1971053 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 20203416 | 20203416 |
| AUXILIARY SERVICES | 611600 | 1049254 | 1049254 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 21252670 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 235086 | TotalRevenueColumn |
| Exclusion | $235,086 | 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 | 366847 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 379936 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -13089 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -13089 | TotalRevenueColumn |
| Exclusion | -$13,089 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 237008 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 47385 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 144286 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92722 | TotalRevenueColumn |
| Exclusion | $92,722 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 23600 | GrossIncomeGaming |
| Gaming Direct Expenses | 12606 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10994 | TotalRevenueColumn |
| Exclusion | $10,994 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 137324 | GrossSalesOfInventory |
| Cost Of Goods Sold | 171559 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -34235 | TotalRevenueColumn |
| Related Or Exempt Function Income | -34235 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS REVENUE | Description |
| Total Revenue Column | 113833 | TotalRevenueColumn |
| Related Or Exempt Function Income | 113833 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 113833 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23629034 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21332268 | RelatedOrExemptFunctionIncome |
| Exclusion | $325,713 | 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 | 2153643 | Total |
| Program Services | 2153643 | 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 | 551985 | Total |
| Management And General | 551985 | 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 | 11815152 | Total |
| Program Services | 7884085 | ProgramServices |
| Management And General | 3443340 | ManagementAndGeneral |
| Fundraising | 487727 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 758657 | Total |
| Program Services | 493287 | ProgramServices |
| Management And General | 231849 | ManagementAndGeneral |
| Fundraising | 33521 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1323666 | Total |
| Program Services | 925400 | ProgramServices |
| Management And General | 281476 | ManagementAndGeneral |
| Fundraising | 116790 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 884863 | Total |
| Program Services | 583203 | ProgramServices |
| Management And General | 267058 | ManagementAndGeneral |
| Fundraising | 34602 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49002 | Total |
| Management And General | 49002 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38075 | Total |
| Management And General | 38075 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23648 | Total |
| Program Services | 23648 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104122 | Total |
| Program Services | 19519 | ProgramServices |
| Management And General | 84603 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1180130 | Total |
| Program Services | 320421 | ProgramServices |
| Management And General | 658573 | ManagementAndGeneral |
| Fundraising | 201136 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 686491 | Total |
| Program Services | 6000 | ProgramServices |
| Management And General | 680491 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1092671 | Total |
| Program Services | 709278 | ProgramServices |
| Management And General | 332274 | ManagementAndGeneral |
| Fundraising | 51119 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128578 | Total |
| Program Services | 40635 | ProgramServices |
| Management And General | 85807 | ManagementAndGeneral |
| Fundraising | 2136 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139868 | Total |
| Program Services | 139868 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1431938 | Total |
| Program Services | 1431938 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245451 | Total |
| Program Services | 23061 | ProgramServices |
| Management And General | 222390 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TEMPORARY EMPLOYMENT EXPENSE | 16767 | 85 | 16682 |
| INSTRUCTIONAL EXPENSE | 662711 | 662711 | |
| DINING HALL | 647775 | 647775 | |
| STUDENT TRANSPORTATION | 80767 | 80767 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 704606 | Total |
| Program Services | 447501 | ProgramServices |
| Management And General | 241674 | ManagementAndGeneral |
| Fundraising | 15431 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24720566 | Total |
| Program Services | 16592825 | ProgramServices |
| Management And General | 7185279 | ManagementAndGeneral |
| Fundraising | 942462 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1475005 | BOY |
| EOY | 2003934 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3277878 | BOY |
| EOY | 2391999 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184337 | BOY |
| EOY | 302288 | 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 | 200218 | BOY |
| EOY | 158286 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 322053 | BOY |
| EOY | 309352 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 44378826 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11779412 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33320817 | BOY |
| EOY | 32599414 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10942244 | BOY |
| EOY | 10184391 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3992233 | BOY |
| EOY | 4308758 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53714785 | BOY |
| EOY | 52258422 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2159886 | BOY |
| EOY | 1962533 | 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 | 3258303 | BOY |
| EOY | 3291502 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | 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 | 4956522 | BOY |
| EOY | 4478261 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10374711 | BOY |
| EOY | 9732296 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30680810 | BOY |
| EOY | 29398591 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8478811 | BOY |
| EOY | 5307686 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4180453 | BOY |
| EOY | 7819849 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43340074 | BOY |
| EOY | 42526126 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53714785 | BOY |
| EOY | 52258422 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1091532 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 277584 | 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 | 14934472 | BeginningOfYearBalance |
| Contributions | 3594543 | Contributions |
| Investment Earnings Or Losses | 118585 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 285884 | GrantsOrScholarships |
| Other Expenditures | 70445 | OtherExpenditures |
| End Of Year Balance | 18291271 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13015712 | BeginningOfYearBalance |
| Contributions | 4009 | Contributions |
| Investment Earnings Or Losses | 1924891 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -755613 | GrantsOrScholarships |
| Other Expenditures | 765748 | OtherExpenditures |
| End Of Year Balance | 14934477 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13161977 | BeginningOfYearBalance |
| Contributions | 4542 | Contributions |
| Investment Earnings Or Losses | 1413283 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 270461 | GrantsOrScholarships |
| Other Expenditures | 1293629 | OtherExpenditures |
| End Of Year Balance | 13015712 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16374084 | BeginningOfYearBalance |
| Contributions | 6491 | Contributions |
| Investment Earnings Or Losses | -1951411 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 518302 | GrantsOrScholarships |
| Other Expenditures | 748885 | OtherExpenditures |
| End Of Year Balance | 13161977 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.39800 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.42800 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.17400 | 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 | 368323 | OtherCostOrOtherBasis |
| Book Value | 368323 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28695194 | OtherCostOrOtherBasis |
| Depreciation | 7739719 | Depreciation |
| Book Value | 20955474 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11505031 | OtherCostOrOtherBasis |
| Depreciation | 2180193 | Depreciation |
| Book Value | 9324838 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3434039 | OtherCostOrOtherBasis |
| Depreciation | 1719724 | Depreciation |
| Book Value | 1714315 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 376240 | OtherCostOrOtherBasis |
| Depreciation | 139776 | Depreciation |
| Book Value | 236464 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 32599414 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUNDS | 4141894 | F |
| BENEFICIAL INT. IN SPLIT INT. | 166864 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 4308758 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 23629034 | TotalRevenue |
| Total Expenses | 24720566 | TotalExpenses |
| Excess Or Deficit For Year | -1091532 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -109612 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 380850 | PriorPeriodAdjustments |
| Other | $6,346 | OtherAmount |
| Total Adjustments | 277584 | TotalAdjustments |
| Excess Or Deficit Per FS | -813948 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21581845 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 21581845 | RevenueSubtotal |
| Other Revenues Not Included | 2047189 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2047189 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 23629034 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22895374 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 22895374 | ExpensesSubtotal |
| Other Expenses Not Included | 1825192 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1825192 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 24720566 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, Line 8: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - $6,346 |
| PART XII, LIne 4B: | FINANCIAL AID - $2,153,643 INVESTMENT INCOME - $235,086 REALIZED LOSS ON INVESTMENTS - $(13,089) Direct fundraising expenses - $(144,286) Direct gaming expenses - $(12,606) Cost of goods sold - $(171,559) |
| PART XIII, LINE 4B: | FINANCIAL AID - $2,153,643 Direct fundraising expenses - $(144,286) Direct Gaming expenses - $(12,606) Cost of goods sold - $(171,559) |
| PART V, LINE 4: | The earnings on the Endowment Funds are primarily used for Scholarships, as well as Maintenance and Operations of the School. |
| 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. Management has analyzed the tax positions taken by the School and has concluded that as of June 30, 2012, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. 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, 2012. The income tax returns of the School for June 30, 2011, 2010 and 2009 are subject to examination by the IRS and other various taxing authorities, generally for three years after they were filed. |
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 | Schedule E, line 3: | Identifier |
| Explanation | A statement of policy is published in the legal advertisement section of local newspapers. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING FLING | NameOfEvent1 |
| Gross Receipts Event1 | 284393 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 47385 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 237008 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 64620 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4900 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 74766 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 284393 | GrossReceiptsTotal |
| Charitable Contributions Total | 47385 | CharitableContributionsTotal |
| Gross Revenue Total Events | 237008 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 64620 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4900 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 74766 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 144286 | DirectExpenseSummaryEvents |
| Net Income Summary | 92722 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 23600 | GrossRevenueOtherGaming |
| Cash Prizes Other Gaming | 11800 | CashPrizesOtherGaming |
| Other Direct Expenses Other Gaming | 806 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | true | VolunteerLaborOtherGaming |
| Volunteer Labor Prcnt Other Gaming | 1.00000 | VolunteerLaborPrcntOtherGaming |
| Gross Revenue Total Gaming | 23600 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 11800 | CashPrizesTotalGaming |
| Other Direct Expenses Total Gaming | 806 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 12606 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 10994 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NJ | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | false | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 1.00000 | PercentageOfGamingOwnFacility |
| Name Of Gaming Rec Keeper Person | CATHLEEN CALLAHAN | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1 |
| City | SUMMIT | City |
| State | NJ | State |
| ZIP Code | 07901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | ELIZABETH BUGLIARI | GamingManagerNamePerson |
| Gaming Manager Compensation | 0 | GamingManagerCompensation |
| Gaming Manager Services Provided | GENERAL RAFFLE OVERSIGHT | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | false | CharitableDistribRequired |
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 | 93 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 2153643 | AmountOfNonCashAssistance |
| Method Of Valuation | fair market value | MethodOfValuation |
| Description Of Non Cash Assistance | financial aid | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART III, Line 1: | Identifier |
| Explanation | FINANCIAL AID IS PROVIDED TO STUDENTS IN NEED IN ACCORDANCE WITH AN APPLICATION PROCESS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| 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 (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|
| Susan C Bosland | |||
| 292619 | 37800 | 60208 | 390627 |
| Sergio Alati | |||
| 153257 | 7350 | 402 | 161009 |
| Elizabeth Bugliari | |||
| 149998 | 12160 | 358 | 162516 |
| Karen Rezach | |||
| 154790 | 12713 | 5940 | 173443 |
| Jennifer Simpson | |||
| 144906 | 12062 | 12965 | 169933 |
| ELIZABETH WOODALL | |||
| 130245 | 17040 | 12965 | 160250 |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 27 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 308217 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | market sale | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | MERCHANDISE CONTRIBUTIONS | Description |
| Number Of Contributions | 268 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 172634 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, Line 32b: | Identifier |
| Explanation | THE SCHOOL UTILIZES AN OUTSIDE BROKER TO FACILITATE THE SALE OF DONATED STOCKS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, Line 11: | FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE FORM IS MADE AVAILABLE TO BOARD MEMBERS FOR 7 DAYS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, Line 12: | THE HEAD OF SCHOOL MAINTAINS THE STATEMENTS OF CONFLICTS OF INTEREST. THE STATEMENTS ARE SIGNED ANNUALLY AND THE COT CHAIR OF THE BOARD ENSURES COMPLIANCE. NON-COMPLIACE IS BROUGHT TO THE ATTENTION OF THE BOARD PRESIDENT FOR FURTHER FOLLOW-UP. |
| FORM 990, PART VI, SECTION B, Line 15: | THE COMPENSATION COMMITTEE, CONSISTING OF BOARD OF TRUSTEE MEMBERS, REVIEWS THE PERFORMANCE OF THE HEAD OF SCHOOL AND COMPARES THE COMPENSATION TO ITS PEERS BASED ON SURVEYS PERFORMED BY SCHOOL ASSOCIATIONS. THE COMMITTEE REVIEWS THE KEY DATA AND PROVIDES A RECOMMENDATION TO THE PRESIDENT OF THE BOARD OF TRUSTEE |
| FORM 990, PART VI, SECTION C, Line 19: | GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED SUBJECT TO WRITTEN REQUEST AND UPON APPROVAL BY THE BOARD OF TRUSTEES OR THEIR APPOINTED DESIGNEE. |
| FORM 990, PART XI, Line 5: | RESTATEMENT - $380,850 UNREALIZED LOSS ON INVESTMENTS - $(109,612) CHANGE IN VALUE IN SPLIT INTEREST AGREEMENT - $6,346 |
| FORM 990, PART XII, LINE 2D: | THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. |
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