SIERRA CANYON HIGH SCHOOL FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SIERRA CANYON HIGH SCHOOL FOUNDATION (EIN 95-4823704)
- Tax period
- 2011-09-01 to 2012-08-31
- Filed
- 2013-02-27
- IRS object ID
- 201330589349300733
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-27T16:24:19-08:00 | Timestamp |
| Tax Period End Date | 2012-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clumeck Stern Schenkelberg & Getzoff | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17404 Ventura Bl 2nd Floor | AddressLine1 |
| City | Encino | City |
| State | CA | State |
| ZIP Code | 91316 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954823704 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIERRA CANYON HIGH SCHOOL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SIER | NameControl |
| Phone | 8188828121 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20801 WEST RINALDI STREET | AddressLine1 |
| City | CHATSWORTH | City |
| State | CA | State |
| ZIP Code | 91311 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRAD SURES | Name |
| Title | Treasurer | Title |
| Date Signed | 2013-02-27 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ADRIAN STERN | Name |
| Phone | 8189062230 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JIM SKRUMBIS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20801 WEST RINALDI STREET | AddressLine1 |
| City | CHATSWORTH | City |
| State | CA | State |
| ZIP Code | 91311 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27913517 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | SIERRACANYONSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 296 | TotalNbrEmployees |
| Total Nbr Volunteers | 115 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 3345037 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2121984 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 23688704 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 25073472 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 25819 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10647 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -237592 | OtherRevenuePriorYear |
| Other Revenue Current Year | 280923 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 26821968 | TotalRevenuePriorYear |
| Total Revenue Current Year | 27487026 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3930123 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4789962 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10454818 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 10649122 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 65423 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 9130 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 24824 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11003850 | OtherExpensePriorYear |
| Other Expenses Current Year | 11676389 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 25454214 | TotalExpensesPriorYear |
| Total Expenses Current Year | 27124603 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1367754 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 362423 | RevenuesLessExpensesCY |
| Total Assets BOY | 83600452 | TotalAssetsBOY |
| Total Assets EOY | 85700240 | TotalAssetsEOY |
| Total Liabilities BOY | 75408799 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 77138821 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8191653 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8561419 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 25461819 | Expense |
| Grants | 4789962 | Grants |
| Revenue | 25073472 | Revenue |
| Description | THE FOUNDATION RUNS A PRIVATE SCHOOL PROVIDING EDUCATION TO APPROXIMATELY 900 STUDENTS. ALL INCOME IS DERIVED FROM TUITION, FEES, INTEREST AND FUNDRAISING, WITH NO OUTSIDE FUNDING NECESSARY. | Description |
| Total Program Service Expense | 25461819 | 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 | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | 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 | 82 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 296 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| 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 |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID SOBEL | NamePerson |
| Telephone Number | 8188828121 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11052 INDEPENDENCE AVENUE | AddressLine1 |
| City | CHATSWORTH | City |
| State | CA | State |
| ZIP Code | 91311 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| LANCE TENDLER | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DR TODD TAMS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DR MITCHEL SILVERMAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SUNDIP SHAH | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ADAM SAITMAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DR ASHIQ PATEL | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN LOTWIN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SCOTT KRIVIS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM BRIGGS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| HOWARD WANG | |||||||
| BOARD MEMBER | 5.00 | X | 0 | 0 | 0 | ||
| BRAD SURES | |||||||
| Treasurer | 2.00 | X | 0 | 0 | 0 | X | |
| MICHAEL SINGER | |||||||
| Chairman | 1.00 | X | 0 | 0 | 0 | X | |
| ALVINA ANDERSON | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DAVID KORT | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DR ANIL KUMAR | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| STEPHEN HORWITZ | |||||||
| BOARD MEMBER | 5.00 | X | 0 | 0 | 0 | ||
| AMY GORDON | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| LESLIE GILBERT-LURIE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MARK KANTOR | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JILL JOHNSON-BENNETT | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| KATIE AVIV | |||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | X | |
| RUSTY TARAGAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| BRAD BOYAJIAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CHARLENE BOUDREAUX-DUBOSE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| STEVE FAZIO | |||||||
| Vice Chairman | 1.00 | X | 0 | 0 | 0 | X | |
| STACY FEINBERG | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SANJE RATNAVALE | |||||||
| CFO | 40.00 | 166747 | 0 | 0 | X | ||
| JIM SKRUMBIS | |||||||
| President & CEO | 40.00 | 289399 | 0 | 92776 | X | ||
| ADAM HORWITZ | |||||||
| stdt dean/camp dir | 40.00 | 201490 | 0 | 66471 | X | ||
| DAVID SOBEL | |||||||
| DIR FINan/camp dir | 40.00 | 201517 | 0 | 45305 | X | ||
| STEPHEN R BURNETT | |||||||
| DIR ADMs/coll coun | 40.00 | 140252 | 0 | 13601 | X | ||
| JASON S MILLER | |||||||
| OPERATIONS DIR | 40.00 | 123220 | 0 | 8645 | X | ||
| JANE C OTTO | |||||||
| DEVELOPMENT DIR | 40.00 | 117028 | 0 | 12775 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1239653 | TotalReportableCompFromOrg |
| Total Other Compensation | 239573 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Merchants Building Maintenance LLC | |||||
| 786 Monterey Pass Rd | Monterey Pk | CA | 91754 | Maintenance | 146210 |
| Doll Amir & Eley | |||||
| 1888 Century Park East 1850 | Los Angeles | CA | 90067 | Legal | 150000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 65352 | FundraisingEvents |
| All Other Contributions | 2056632 | AllOtherContributions |
| Noncash Contributions | 486155 | NoncashContributions |
| Total Contributions | 2121984 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PROGRAM ACTIVITIES | 611600 | 454943 | 454943 |
| LUNCH PROGRAM | 722210 | 512196 | 512196 |
| FIELD TRIP INCOME | 611600 | 660887 | 660887 |
| EDUCATIONAL TUITION & FEE | 611600 | 22018009 | 22018009 |
| CAMP INCOME | 611600 | 1018306 | 1018306 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 409131 | TotalRevenueColumn |
| Related Or Exempt Function Income | 409131 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 25073472 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4770 | TotalRevenueColumn |
| Exclusion | $4,770 | 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 |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 131687 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 125810 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5877 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5877 | TotalRevenueColumn |
| Exclusion | $5,877 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 581604 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 65352 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 300681 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 280923 | TotalRevenueColumn |
| Exclusion | $280,923 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27487026 | TotalRevenueColumn |
| Related Or Exempt Function Income | 25073472 | RelatedOrExemptFunctionIncome |
| Exclusion | $291,570 | 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 | 4789962 | Total |
| Program Services | 4789962 | 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 | 382175 | Total |
| Management And General | 382175 | 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 | 8480113 | Total |
| Program Services | 7749860 | ProgramServices |
| Management And General | 730253 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308561 | Total |
| Program Services | 281156 | ProgramServices |
| Management And General | 27405 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 750150 | Total |
| Program Services | 665363 | ProgramServices |
| Management And General | 84787 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 728123 | Total |
| Program Services | 666064 | ProgramServices |
| Management And General | 62059 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 572107 | Total |
| Program Services | 475000 | ProgramServices |
| Management And General | 97107 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60401 | Total |
| Management And General | 60401 | 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 | 9130 | Total |
| Fundraising | 9130 | Fundraising |
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 | 88180 | Total |
| Program Services | 88180 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27020 | Total |
| Program Services | 27020 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 328101 | Total |
| Program Services | 328101 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 281405 | Total |
| Program Services | 281405 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 460342 | Total |
| Program Services | 460342 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42606 | Total |
| Program Services | 42606 | ProgramServices |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3379122 | Total |
| Program Services | 3259122 | ProgramServices |
| Management And General | 120000 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1758251 | Total |
| Program Services | 1724338 | ProgramServices |
| Management And General | 33913 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 329747 | Total |
| Program Services | 329747 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| ATHLETIC PROGRAM | 495840 | 495840 |
| FOOD SERVICES | 544936 | 544936 |
| MAINTENANCE AND REPAIRS | 577571 | 577571 |
| DEPARTMENT EXPENSES | 903372 | 903372 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1827388 | Total |
| Program Services | 1771834 | ProgramServices |
| Management And General | 39860 | ManagementAndGeneral |
| Fundraising | 15694 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27124603 | Total |
| Program Services | 25461819 | ProgramServices |
| Management And General | 1637960 | ManagementAndGeneral |
| Fundraising | 24824 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2461431 | BOY |
| EOY | 2384296 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3962920 | BOY |
| EOY | 297019 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88769 | BOY |
| EOY | 58700 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6375281 | BOY |
| EOY | 6814501 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 592787 | BOY |
| EOY | 1110043 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 72661372 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8354363 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53077828 | BOY |
| EOY | 64307009 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6390345 | BOY |
| EOY | 6356432 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10651091 | BOY |
| EOY | 4372240 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83600452 | BOY |
| EOY | 85700240 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2322344 | BOY |
| EOY | 1496176 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17422045 | BOY |
| EOY | 20360902 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52446947 | BOY |
| EOY | 51419947 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8281 | BOY |
| EOY | 5164 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3209182 | BOY |
| EOY | 3856632 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75408799 | BOY |
| EOY | 77138821 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6197213 | BOY |
| EOY | 7912876 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1994440 | BOY |
| EOY | 648543 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8191653 | BOY |
| EOY | 8561419 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83600452 | BOY |
| EOY | 85700240 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 362423 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 7343 | 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 |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1440619 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1908021 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4460190 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3345037 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2121984 | CurrentTaxYear |
| Total | 13275851 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1440619 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1908021 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4460190 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3345037 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2121984 | CurrentTaxYear |
| Total | 13275851 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 13275851 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 416317 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15442 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 20028 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 32929 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4770 | CurrentTaxYear |
| Total | 489486 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 151300 | CurrentTaxYearMinus1Year |
| Current Tax Year | 584604 | CurrentTaxYear |
| Total | 735904 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 14501241 | TotalSupport |
| Public Support Pertcentage170 | 0.91550 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.82770 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19214521 | OtherCostOrOtherBasis |
| Book Value | 19214521 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 44724376 | OtherCostOrOtherBasis |
| Depreciation | 5148233 | Depreciation |
| Book Value | 39576143 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5153173 | OtherCostOrOtherBasis |
| Depreciation | 729671 | Depreciation |
| Book Value | 4423502 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2407171 | OtherCostOrOtherBasis |
| Depreciation | 1525957 | Depreciation |
| Book Value | 881214 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1162131 | OtherCostOrOtherBasis |
| Depreciation | 950502 | Depreciation |
| Book Value | 211629 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 64307009 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| OTHER ASSETS | 33064 |
| CONSTRUCTION IN PROGRESS | 1094634 |
| BOND ESCROW FUNDS | 3244542 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 4372240 | TotalBookValueOtherAssets |
| Total Revenue | 27487026 | TotalRevenue |
| Total Expenses | 27124603 | TotalExpenses |
| Excess Or Deficit For Year | 362423 | ExcessOrDeficitForYear |
| Donated Services And Facilities | 7343 | DonatedServicesAndFacilities |
| Total Adjustments | 7343 | TotalAdjustments |
| Excess Or Deficit Per FS | 369766 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 22704407 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 7343 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 7343 | RevenueNotRptdF990 |
| Revenue Subtotal | 22697064 | RevenueSubtotal |
| Other Revenues Not Included | 4789962 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4789962 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 27487026 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22334641 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 22334641 | ExpensesSubtotal |
| Other Expenses Not Included | 4789962 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4789962 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 27124603 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | The Foundation has adopted the Accounting for Uncertainty in Income-Taxes accounting standard, that clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Foundation's income tax returns.The Foundation's income tax filings are subject to audit by various taxing authorities. The Foundation's open audit periods are 2008 - 2011. In evaluating the Foundation's tax provisions and accruals, future taxable income, and the reversal of temporary differences, interpretations and tax planning strategies are considered. The Foundation believes their estimates are appropriate based on current facts and circumstances. |
| Part XIII, Line 4b | Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S | financial aid $4789962 |
| Part XII, Line 4b | Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | financial aid $4789962 |
| Part IV, Line 2b | Part IV, Line 2b: Explanation of escrow account liability | The organization acts as treasurer for joint funds held for various schools to pay officials for athletic events.The amount of funds held as of August 31, 2012 was $5,164. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 409765 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 65352 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 344413 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 28158 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 34382 | OtherDirectExpensesEvent1 |
| Name Of Event2 | PTA FUND RAISING | NameOfEvent2 |
| Gross Receipts Event2 | 237191 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 237191 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 182147 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 646956 | GrossReceiptsTotal |
| Charitable Contributions Total | 65352 | CharitableContributionsTotal |
| Gross Revenue Total Events | 581604 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 28158 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 216529 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 248687 | DirectExpenseSummaryEvents |
| Net Income Summary | 332917 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 282 | NumberOfRecipients |
| Amount Of Cash Grant | 4789962 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | Monies are used to offset the costs of education and are not provided directly to the recipients. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Payments For Use Of Residence | X | PaymentsForUseOfResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | 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 |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|
| STEPHEN R BURNETT | |||
| 140252 | 7013 | 6588 | 153853 |
| SANJE RATNAVALE | |||
| 166747 | 166747 | ||
| JIM SKRUMBIS | |||
| 289399 | 12750 | 80026 | 382175 |
| DAVID SOBEL | |||
| 201517 | 10076 | 35229 | 246822 |
| ADAM HORWITZ | |||
| 201490 | 10076 | 56395 | 267961 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Sch J, Part III, Additional Information | Part III, Additional Information | Form 990, Schedule J, Part I, Line 4a: As part of a legal settlement, Sanje Ratnavale, former CFO, received a payment of $360,000. An undetermined portion was awarded as a severance payment. |
| Sch J, Part I, Line 1a | Part I, Line 1a: Relevant information in regards to selections on 1a. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| CITY OF LOS ANGELES | ||||||
| 956000735 | 2007-06-01 | 7400000 | PURCHASE OF REAL PROPERTY FOR SCHOOL USE | false | false | false |
| CITY OF LOS ANGELES | ||||||
| 956000735 | 2006-05-01 | 21267000 | CONSTRUCTION OF HIGH SCHOOL | false | false | false |
| CITY OF LOS ANGELES | ||||||
| 956000735 | 2006-05-01 | 8733000 | PURCHASE OF PRIMARY AND MIDDLE SCHOOL AND RELATED PROPERTY | false | false | false |
| CITY OF LOS ANGELES | ||||||
| 956000735 | 2006-05-01 | 20000000 | PURCHASE OF PRIMARY AND MIDDLE SCHOOL AND RELATED PROPERTY | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund |
|---|---|---|---|---|---|---|---|---|
| 7400000 | 205704 | 9660 | 7184636 | false | false | true | true | |
| 21267000 | 284136 | 19702864 | false | false | true | true | 1280000 | |
| 8733000 | 102907 | 8630093 | false | false | true | true | ||
| 20000000 | 235675 | 18738325 | false | false | true | true | 1026000 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| false | false | false | false | true |
| false | false | false | false | true |
| false | false | false | false | true |
| false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Jeff Feinberg | NamePerson |
| Purpose Of Loan | Gymnasium construction loan | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $4,000,000 | OriginalPrincipalAmount |
| Balance Due | 3360626 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 3360626 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ADAM HORWITZ | |||
| Family (S horwitz) | 201490 | COMPENSATION | false |
| DAVID SOBEL | |||
| Family (H Wang) | 201517 | COMPENSATION | false |
| HM INC STEPHEN HORWITZ | |||
| BOARD member | 40582 | CONSULTING | false |
| HM INC HOWARD WANG | |||
| BOARD MEMBER | 40582 | CONSULTING | false |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 125611 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Real Estate Commercial RealEstateCommercial
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 360000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Invoice | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | miscellaneous | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 544 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I, Line 32, Hire and Use of Third Parties | Identifier |
| Explanation | ZIONS BANK SOLD donated SECURITIES FOR the ORGANIZATION | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The governing documents, conflict of interest policy and financial statements are made available upon request. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The compensation of key employees is determined by the CEO and approved by the president and compensation committeeUse comparable data from other private schools in the Los Angeles areaHave comtemporaneous documentation of determined salaries |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | On going review by the board of directorsAll officers, directors and employees are covered by the policyThe chief executive officer determines whether a potential conflict of interestexists and remits it to the board for reviewThe person with the conflict is excluded from the discussion and approval of the transaction. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | prior to filing, the CEO and the Director of finance review the return with the accountant page by page. The return is also reviewed by the finance committee. |
| Form 990, Part VI, Line 2 | Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | David Sobel, Director of Finance has a family relationship with Howard Wang, board member.Adam Horwitz, Dean of Students, has a family relationship with Stephen Horwitz, board member. |
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