FOUNTAIN VALLEY SCHOOL OF COLORADO: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FOUNTAIN VALLEY SCHOOL OF COLORADO (EIN 84-0423922)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-14
- IRS object ID
- 201330459349301218
- 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 | 2013-02-14T11:37:34-06:00 | 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 | STOCKMAN KAST RYAN & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 N CASCADE AVENUE SUITE 400 | AddressLine1 |
| City | COLORADO SPRINGS | City |
| State | CO | State |
| ZIP Code | 80903 | 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 | 840423922 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNTAIN VALLEY SCHOOL OF COLORADO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JANET REFIOR | InCareOfName |
| Name Control | FOUN | NameControl |
| Phone | 7193907035 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6155 FOUNTAIN VALLEY SCHOOL ROAD | AddressLine1 |
| City | COLORADO SPRINGS | City |
| State | CO | State |
| ZIP Code | 80911 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Craig W Larimer | Name |
| Title | Headmaster | Title |
| Date Signed | 2013-02-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOREEN B MERZ | Name |
| Phone | 7196301186 | 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) |
|---|---|---|
| Gross Receipts | 16130584 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.FVS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1930 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNTAIN VALLEY SCHOOL OF COLORADO IS DEDICATED TO PROVIDING A RIGOROUS COLLEGE-PREPRATORY CURRICICULUM IN ACADEMICS, ATHLETICS, AND THE ARTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 179 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 4317769 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2584527 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 10139568 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9189734 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1741597 | InvestmentIncomePriorYear |
| Investment Income Current Year | 846294 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -271404 | OtherRevenuePriorYear |
| Other Revenue Current Year | 81660 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 15927530 | TotalRevenuePriorYear |
| Total Revenue Current Year | 12702215 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1903913 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1874610 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5331211 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5536777 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 43049 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 54931 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 827835 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6588248 | OtherExpensePriorYear |
| Other Expenses Current Year | 7002941 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13866421 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14469259 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2061109 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1767044 | RevenuesLessExpensesCY |
| Total Assets BOY | 58067067 | TotalAssetsBOY |
| Total Assets EOY | 54451544 | TotalAssetsEOY |
| Total Liabilities BOY | 10219737 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9066911 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 47847330 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 45384633 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE FOUNTAIN VALLEY SCHOOL OF COLORADO IS DEDICATED TO PROVIDING A RIGOROUS COLLEGE-PREPRATORY CURRICULUM IN ACADEMICS, - CONTINUED ON SCHEDULE O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 9200357 | Expense |
| Grants | 1874610 | Grants |
| Revenue | 9443314 | Revenue |
| Description | THE FOUNTAIN VALLEY SCHOOL PROVIDES INSTRUCTION TO STUDENTS; SERVICES TO STUDENTS SUCH AS HOUSING, ATHLETICS, INFIRMARY, AND COUNSELING; FOOD SERVICES; AND SCHOLARSHIPS | Description |
| Total Program Service Expense | 9200357 | 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 | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | 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 | 36 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 179 | 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 | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | 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 | JANET REFIOR | NamePerson |
| Telephone Number | 7193907035 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6155 FOUNTAIN VALLEY SCHOOL ROAD | AddressLine1 |
| City | COLORADO SPRINGS | City |
| State | CO | State |
| ZIP Code | 80911 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| RONENE E ANDERSON | ||||||
| TRUSTEE | 1.0 | X | ||||
| HOYT W BACON | ||||||
| TRUSTEE | 1.0 | X | ||||
| JULIE CHESLEY | ||||||
| TRUSTEE | 1.0 | X | ||||
| RICARDO CREEL | ||||||
| TRUSTEE | 1.0 | X | ||||
| W JEROME FRAUTSCHI | ||||||
| TRUSTEE | 1.0 | X | ||||
| ROBERT E HENDERSON | ||||||
| TRUSTEE | 1.0 | X | ||||
| FISHER HOWE | ||||||
| TRUSTEE | 1.0 | X | ||||
| SHANE A JOHNSON | ||||||
| TRUSTEE | 1.0 | X | ||||
| CHARLES P LECOMPTE | ||||||
| TRUSTEE | 1.0 | X | ||||
| HENRY P MORSE JR | ||||||
| TRUSTEE | 1.0 | X | ||||
| MARY LOU MULLIN | ||||||
| TRUSTEE | 1.0 | X | ||||
| JONATHON T PATTEN | ||||||
| TRUSTEE | 1.0 | X | ||||
| DUKE PHILLIPS | ||||||
| TRUSTEE | 1.0 | X | ||||
| WALLACE H ROWE III | ||||||
| TRUSTEE | 1.0 | X | ||||
| ROBERT C STANLEY III | ||||||
| TRUSTEE | 1.0 | X | ||||
| ROBERT E TONSING MD | ||||||
| TRUSTEE | 1.0 | X | ||||
| JOSEPHINE T PARR | ||||||
| EX-OFFICIO | 1.0 | X | ||||
| IAN GRIFFIS | ||||||
| TRUSTEE | 1.0 | X | ||||
| MAUREEN S SCHULTZ | ||||||
| TRUSTEE | 1.0 | X | ||||
| JAMES WEBSTER | ||||||
| TRUSTEE | 1.0 | X | ||||
| CRAIG LARIMER | ||||||
| HEADMASTER | 40.0 | X | X | 148802 | 0 | 26888 |
| KEN WILKINS | ||||||
| CHIEF FINANCIAL OFFICER | 40.0 | X | 110159 | 24183 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 258961 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 51071 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 2584527 | AllOtherContributions |
| Noncash Contributions | 424036 | NoncashContributions |
| Total Contributions | 2584527 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 9154424 | 9154424 |
| SUMMER PROGRAMS | 900099 | 35310 | 35310 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9189734 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 637567 | TotalRevenueColumn |
| Exclusion | $637,567 | 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 Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 133335 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 424252 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -290917 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -290917 | TotalRevenueColumn |
| Exclusion | -$290,917 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2950974 | Securities |
| Other | 4810 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2744328 | Securities |
| Other | 2729 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 206646 | Securities |
| Other | 2081 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 208727 | TotalRevenueColumn |
| Exclusion | $208,727 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 376057 | GrossSalesOfInventory |
| Cost Of Goods Sold | 257060 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 118997 | TotalRevenueColumn |
| Exclusion | $118,997 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RIDING PROGRAM | 900099 | 97673 | 97673 |
| GCLI PROGRAM | 900099 | 148580 | 148580 |
| MISCELLANEOUS | 900099 | 7327 | 7327 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 253580 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12702215 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9443314 | RelatedOrExemptFunctionIncome |
| Exclusion | $674,374 | 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 | 1874610 | Total |
| Program Services | 1874610 | 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 | 328290 | Total |
| Program Services | 195567 | ProgramServices |
| Management And General | 103576 | ManagementAndGeneral |
| Fundraising | 29147 | Fundraising |
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 | 3893906 | Total |
| Program Services | 2293982 | ProgramServices |
| Management And General | 1248563 | ManagementAndGeneral |
| Fundraising | 351361 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295393 | Total |
| Program Services | 175970 | ProgramServices |
| Management And General | 93196 | ManagementAndGeneral |
| Fundraising | 26227 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670307 | Total |
| Program Services | 399311 | ProgramServices |
| Management And General | 211482 | ManagementAndGeneral |
| Fundraising | 59514 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 348881 | Total |
| Program Services | 207833 | ProgramServices |
| Management And General | 110072 | ManagementAndGeneral |
| Fundraising | 30976 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45277 | Total |
| Management And General | 41056 | ManagementAndGeneral |
| Fundraising | 4221 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4658 | Total |
| Management And General | 4658 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55356 | Total |
| Management And General | 55356 | 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 | 54931 | Total |
| Fundraising | 54931 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52134 | Total |
| Management And General | 52134 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114778 | Total |
| Program Services | 18183 | ProgramServices |
| Management And General | 96595 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204644 | Total |
| Program Services | 7088 | ProgramServices |
| Management And General | 91681 | ManagementAndGeneral |
| Fundraising | 105875 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 645921 | Total |
| Program Services | 232383 | ProgramServices |
| Management And General | 364341 | ManagementAndGeneral |
| Fundraising | 49197 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95050 | Total |
| Management And General | 95050 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1552839 | Total |
| Program Services | 1256219 | ProgramServices |
| Management And General | 280191 | ManagementAndGeneral |
| Fundraising | 16429 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226743 | Total |
| Program Services | 14695 | ProgramServices |
| Management And General | 113349 | ManagementAndGeneral |
| Fundraising | 98699 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118318 | Total |
| Program Services | 67802 | ProgramServices |
| Management And General | 50516 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104325 | Total |
| Management And General | 104325 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1360096 | Total |
| Program Services | 1215742 | ProgramServices |
| Management And General | 144354 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245111 | Total |
| Management And General | 245111 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD EXPENSE | 987662 | 987662 | ||
| MISCELLANEOUS | 647375 | 248196 | 399179 | |
| BAD DEBTS | 494590 | 494590 | ||
| MEMBERSHIPS | 48064 | 5114 | 41692 | 1258 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14469259 | Total |
| Program Services | 9200357 | ProgramServices |
| Management And General | 4441067 | ManagementAndGeneral |
| Fundraising | 827835 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18000 | BOY |
| EOY | 13021 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3038296 | BOY |
| EOY | 3140233 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1917952 | BOY |
| EOY | 1307870 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 257138 | BOY |
| EOY | 166126 | 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 | 9059 | BOY |
| EOY | 14012 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81990 | BOY |
| EOY | 164412 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 40983535 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21566177 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20192761 | BOY |
| EOY | 19417358 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27133158 | BOY |
| EOY | 23802622 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3459615 | BOY |
| EOY | 4488132 | 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 | 1959098 | BOY |
| EOY | 1937758 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58067067 | BOY |
| EOY | 54451544 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 487098 | BOY |
| EOY | 625738 | 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 | 4151618 | BOY |
| EOY | 3493716 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5440000 | BOY |
| EOY | 4795000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141021 | BOY |
| EOY | 152457 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10219737 | BOY |
| EOY | 9066911 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28065702 | BOY |
| EOY | 25005309 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4210671 | BOY |
| EOY | 4050545 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15570957 | BOY |
| EOY | 16328779 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47847330 | BOY |
| EOY | 45384633 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58067067 | BOY |
| EOY | 54451544 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1767044 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -695653 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 | 37034270 | BeginningOfYearBalance |
| Contributions | 589605 | Contributions |
| Investment Earnings Or Losses | -582145 | InvestmentEarningsOrLosses |
| Other Expenditures | 732671 | OtherExpenditures |
| End Of Year Balance | 36309059 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31042114 | BeginningOfYearBalance |
| Contributions | 1181394 | Contributions |
| Investment Earnings Or Losses | 7143293 | InvestmentEarningsOrLosses |
| Other Expenditures | 2332531 | OtherExpenditures |
| End Of Year Balance | 37034270 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27507441 | BeginningOfYearBalance |
| Contributions | 608624 | Contributions |
| Investment Earnings Or Losses | 3678329 | InvestmentEarningsOrLosses |
| Other Expenditures | 752280 | OtherExpenditures |
| End Of Year Balance | 31042114 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38626761 | BeginningOfYearBalance |
| Contributions | 2270558 | Contributions |
| Investment Earnings Or Losses | -5489297 | InvestmentEarningsOrLosses |
| Other Expenditures | 7900581 | OtherExpenditures |
| End Of Year Balance | 27507441 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.50390 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.44970 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04640 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 181550 | OtherCostOrOtherBasis |
| Book Value | 181550 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 35161722 | OtherCostOrOtherBasis |
| Depreciation | 17953162 | Depreciation |
| Book Value | 17207560 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2812244 | OtherCostOrOtherBasis |
| Depreciation | 1166812 | Depreciation |
| Book Value | 1645432 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2829019 | OtherCostOrOtherBasis |
| Depreciation | 2446203 | Depreciation |
| Book Value | 382816 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 19417358 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PRIVATELY HELD COMMON STOCK | 589279 | F |
| HEDGE FUNDS | 2691857 | F |
| LIMITED PARTNERSHIPS | 1206996 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 4488132 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUITY PAYABLE | Description |
| Amount | $152,457 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 152457 | TotalOfAmounts |
| Total Revenue | 12702215 | TotalRevenue |
| Total Expenses | 14469259 | TotalExpenses |
| Excess Or Deficit For Year | -1767044 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1421027 | NetUnrealizedGLOnInvestments |
| Other | -$26,433 | OtherAmount |
| Total Adjustments | -1447460 | TotalAdjustments |
| Excess Or Deficit Per FS | -3214504 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 11960419 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1421027 | NetUnrealizedGainsInvestments |
| Other Revenues | 679231 | OtherRevenues |
| Revenue Not Rptd F990 | -741796 | RevenueNotRptdF990 |
| Revenue Subtotal | 12702215 | RevenueSubtotal |
| Total Revenue Per Form990 | 12702215 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15174923 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 705664 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 705664 | ExpensesNotRptdF990 |
| Expenses Subtotal | 14469259 | ExpensesSubtotal |
| Total Expenses Per Form990 | 14469259 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PART XII, LINE 2d | OTHER AMOUNTS INCLUDED IN THE FINANCIALS NOT IN THE RETURN | COST OF INVENTORY SOLD OFFSET AGAINST REVENUE 424,252 RENTAL EXPENSES OFFSET AGAINST REVENUE 257,060 GAIN on disposal of assets reclassed to revenue (2,081) TOTAL TO SCHEDULE D, PART XII, LINE 2D 679,231 |
| PART XIII, LINE 2d | OTHER AMOUNTS INCLUDED IN THE FINANCIALS NOT IN THE RETURN | COST OF INVENTORY SOLD OFFSET AGAINST REVENUE 424,252 RENTAL EXPENSES OFFSET AGAINST REVENUE 257,060 GAIN on disposal of assets reclassed to revenue (2,081) ACTUARIAL LOSS ON ANNUITY OBLIGATIONS 26,433 TOTAL TO SCHEDULE D, PART XII, LINE 2D 705,664 |
| PART XI, LINE 8 | OTHER AJUSTMENTS | ACTUARIAL LOSS ON ANNUITY OBLIGATIONS (26,433) |
| PART X, LINE 2 | The School believes that it does not have any uncertain tax positions that are material to the financial statements. | |
| Part V line 4 | Use of Endowment Funds | THE FOUNTAIN VALLEY SCHOOL'S ENDOWMENT FUNDS ARE RESTRICTED PERMANENTLY OR TEMPORARILY BY DONOR INTENT AS TO PURPOSE OR TIME LIMITATION, AND ARE ACCOUNTED FOR AS SUCH IN THE BOOKS OF ACCOUNTS OF THE SCHOOL. THE DEVELOPMENT DIRECTOR OF THE SCHOOL IS PRIMARILY RESPONSIBLE FOR THIS DETERMINATION AFTER CONSULTATION WITH THE DONOR AS DOCUMENTED BY THE GIFT DECREEL. THIS IS IN TURN PROVIDED TO THE BUSINESS OFFICE OF THE SCHOOL WHERE THE CFO CONFIRMS INTENT AND ACCOUNTS FOR THE GIFT ACCORDING TO GAAP. ENDOWMENT FUNDS OF THE SCHOOL ARE GENERALLY ORGANIZED TO PROVIDE FOR PROGRAM NEEDS, FACULTY DEVELOPMENT, AND FINANCIAL AID. THE BOARD OF TRUSTEES MAY INTERNALLY RESTRICT DONOR UNRESTRICTED GIFTS AS QUASI-ENDOWMENT IN THE BEST INTERESTS OF THE SCHOOL AS DETERMINED BY THE STRATEGIC PLAN AS ADVISED BY THE FINANCE AND DEVELOPMENT COMMITTEES OF THE SCHOOL. THE BOARD AUTHORIZED SPENDING POLICY IS AN ANNUAL DRAW FROM THE ENDOWMENT LIMITED TO 5.5% OF THE VALUATION OF TOTAL ENDOWMENT FUNDS BASED ON A ROLLING TWELVE QUARTER AVERAGE. |
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 | SCH E, PART 1, LINE 3 | Identifier |
| Explanation | A STATEMENT THAT THE FOUNTAIN VALLEY SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, GENDOR, OR NATIONAL ORIGIN IS POSTED IN THE RECEPTION AREA AND IS INCLUDED IN RECOMMENDATION FORMS, ETC. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | MARTZ LUNDY - 1200 WALL STREET WE | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 Wall Street West | AddressLine1 |
| City | Lyndhurst | City |
| State | NJ | State |
| ZIP Code | 07071 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CONSULTING | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 18900 | AmountRetainedByContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 18900 | TotalRetainedByContractors |
| Licensed States | CO | LicensedStates |
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 | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 96 | NumberOfRecipients |
| Amount Of Cash Grant | 1874610 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | 990 SCH I | Identifier |
| Return Reference | Part I Description of Procedure for Monitoring Use of Funds | ReturnReference |
| Explanation | SCHOLARSHIPS ARE ONLY PROVIDED TO STUDENTS TO ASSIST WITH THE COST OF TUITION. NO CASH IS ACTUALLY DISBURSED TO STUDENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CRAIG LARIMER | NamePerson |
| Base Compensation Filing Org | 139329 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 9473 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 12074 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 14814 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 175690 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
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 | 14 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 188836 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 112500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | DONATED HORSES | Description |
| Number Of Contributions | 10 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 122700 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 29 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCH M, PART I, COLUMN (B) | REPRESENTS THE NUMBER OF CONTRIBUTIONS OF NON-CASH ITEMS |
| SCH M, LINE 33 | ONLY STOCK DONATIONS ARE BOOKED AS NON-CASH CONTRIBUTIONS TO THE FINANCIAL STATEMENTS, OTHER NON-CASH DONATIONS ARE NOT ASSIGNED VALUES BY THE DEVELOPMENT GROUP AND ARE NOT RECORDED AS CONTRIBUTIONS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (2 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Supplemental Information | FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION CONTINUED ATHLETICS, AND THE ARTS. OUR COMMUNITY ENDEAVORS TO FOSTER A LIFELONG LOVE OF CHALLENGE AND LEARNING IN AN ENVIRONMENT OF DIVERSITY AND MUTUAL RESPECT, AND TO PREPARE ADOLESCENTS TO BECOME INDIVIDUALS WHO ARE OPEN-MINDED, CURIOUS, COURAGEOUS, SELF-RELIANT AND COMPASSIONATE. PREPARE ADOLESCENTS TO BECOME INDIVIDUALS WHO ARE OPEN-MINDED, CURIOUS, COURAGEOUS, SELF-RELIANT AND COMPASSIONATE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY A THIRD PARTY PREPARER WITH A DETAIL REVIEW BEING COMPLETED BY THE CFO OR OTHER SELECTED ADMINISTRATORS OF THE ORGANIZATION. A SECONDARY REVIEW IS PERFORMED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES, WITH A FINAL VERSION OF THE FORM 990 BEING SENT TO THE ENTIRE BOARD VIA EMAIL BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY STATEMENT IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES AT THE FIRST MEETING OF THE FISCAL YEAR. A DISCUSSION OF THE CONFLICT OF INTEREST POLICY IS FOLLOWED BY A QUESTION AND ANSWER TIME. ALL TRUSTEES ARE REQUIRED TO SIGN AND SUBMIT THE STATEMENT ANNUALLY. QUESTIONS ABOUT POTENTIAL CONFLICTS OF INTEREST ARE SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND DECISION, AND MAY BE BROUGHT BEFORE THE ENTIRE BOARD FOR DISCUSSION AS DEEMED NECESSARY BY THE EXECUTIVE COMMITTEE. CONCERNS ABOUT POTENTIAL CONFLICTS, RAISED BY ORGANIZATION STAFF, ARE DIRECTED THROUGH THE HEADMASTER TO THE BOARD OF TRUSTEES. CONCERNS REGARDING A CONFLICT OF INTEREST REQUIRE A BOARD MEMBER TO RECUSE THEMSELVES FROM VOTING ON THE ISSUE IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DIRECTLY HIRES THE HEADMASTER OF THE SCHOOL AND DETERMINES HIS COMPENSATION PACKAGE. MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ARE RESPONSIBLE FOR NEGOTIATING COMPENSATION OF THE HEADMASTER OR MAY DELEGATE SOME ASPECTS TO THE HEADMASTER SEARCH COMMITTEE. HEADMASTER COMPENSATION IS DETERMINED BASED ON QUALIFICATIONS AND EXPERIENCE AS MEASURED AGAINST THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL NORMS AND CONSULTATION WITH CONSULTANTS FAMILIAR WITH INDEPENDENT SCHOOLS. A WRITTEN CONTRACT (HEADMASTER'S CONTRACT) OF DUITES AND RESPONSIBILITIES ALONG WITH SALARY AND BENEFITS IS PROVIDED EACH YEAR AFTER THE ANNUAL PERFORMANCE REVIEW. THE CFO IS HIRED BY THE HEADMASTER UNDER THE ADVICE AND CONSENT OF THE BOARD OF TRUSTEES. THE CFO RECEIVES A WRITTEN CONTRACT WHICH DELINEASTES DUTIES AND RESPONSIBILITIES ALONG WITH SALARY AND RELATED BENEFITS. BENEFITS RECEIVED ARE THE SAME PACKAGE AS PRODIVED TO OTHER EMPLOYEES OF THE SCHOOL. COMPENSATION IS DETERMINED BASED ON QUALIFICATIONS AND EXPERIENCE AS MEASURED AGAINST THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL NORMS AND CONSULATION WITH THE CONSULTANTS FAMILIAR WITH INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC AS PART OF THE 990 PUBLIC DISCLOSURE FILE. FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE OF ACCOUNTING METHOD 751,807 NET UNREALIZED GAINS ON INVESTMENT (1,421,027) ACTUARIAL LOSS ON ANNUITY OBLIGATIONS (26,433) TOTAL TO SCHEDULE D, PART XII, LINE 2D (695,653) FORM 990, PART XII, LINE 1 CHANGE OF ACCOUNTING METHOD During the year ended June 30, 2012, the School changed its method of accounting for certain investments which had been carried at lower of cost or estimated fair value to fair value. The School believes that the new method more accurately reflects periodic changes in net assets. The effect of the change was to increase investments and investment earnings by $94,570 for the year ended June 30, 2012. The financial statements for the year ended June 30, 2011 have been retroactively restated for such change which resulted in an increase in investments and investment earnings of $212,802. The cumulative effect on prior years was to increase net assets by $539,005 as of the beginning of 2011. | |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:CRAIG LARIMER TITLE:HEADMASTER HOURS: | FORM 990 PART VII |