MORRISTOWN-BEARD SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MORRISTOWN-BEARD SCHOOL (EIN 22-1487252)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-05
- IRS object ID
- 201330959349300013
- Schema version
- 2011v1.2
- 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 K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-05T13:13:50-00:00 | 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 | Suplee Clooney & Company | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 308 East Broad St | AddressLine1 |
| City | Westfield | City |
| State | NJ | State |
| ZIP Code | 07090 | 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 | 221487252 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morristown-Beard School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MORR | NameControl |
| Phone | 9735393032 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 Whippany Road | AddressLine1 |
| City | Morristown | City |
| State | NJ | State |
| ZIP Code | 07960 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Bruce Adams | Name |
| Title | Business Manager | Title |
| Date Signed | 2013-04-05 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert J Butvilla | Name |
| Phone | 9087899300 | Phone |
| Date Prepared | 2013-04-05 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bruce Adams | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 Whippany Road | AddressLine1 |
| City | Morristown | City |
| State | NJ | State |
| ZIP Code | 07960 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21454569 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.mobeard.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | Morristown-Beard School is a coeducational college preparatory school in Grades 6 to 12 located in Morristown, New Jersey. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 355 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 2664804 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1017199 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 18317174 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 19165098 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 158327 | InvestmentIncomePriorYear |
| Investment Income Current Year | 238778 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 890586 | OtherRevenuePriorYear |
| Other Revenue Current Year | 824518 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 22030891 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21245593 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1905353 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1995611 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11901999 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12443536 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 721094 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6907032 | OtherExpensePriorYear |
| Other Expenses Current Year | 7084035 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20714384 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21523182 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1316507 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -277589 | RevenuesLessExpensesCY |
| Total Assets BOY | 52748250 | TotalAssetsBOY |
| Total Assets EOY | 52827954 | TotalAssetsEOY |
| Total Liabilities BOY | 9019303 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9685056 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43728947 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 43142898 | NetAssetsOrFundBalancesEOY |
| Mission Description | Morristown-Beard School is a coeducational college preparatory school in Grades 6 to 12 located in Morristown, NJ. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 16128404 | Expense |
| Grants | 1995611 | Grants |
| Revenue | 19987927 | Revenue |
| Description | Instructional and School Related Activities. | Description |
| Total Program Service Expense | 16128404 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| 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 | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | 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 |
| 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 | false | 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 | 38 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 355 | 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 |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | 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 | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Bruce Adams | NamePerson |
| Telephone Number | 9735393032 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 Whippany Road | AddressLine1 |
| City | Morristown | City |
| State | NJ | State |
| ZIP Code | 07960 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Key EmployeeKeyEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| Peter Caldwell | ||||||||
| Headmaster | 055.00 | X | X | 141176 | 0 | 31239 | ||
| John Mascaro | ||||||||
| Dean of Faculty | 055.00 | X | 151710 | 0 | 34591 | |||
| Darren Burns | ||||||||
| Middle School Head | 055.00 | X | 129716 | 0 | 32347 | |||
| Alison Cady | ||||||||
| Director of Development | 055.00 | X | 131266 | 0 | 32550 | |||
| Bruce Adams | ||||||||
| Manager Business Office | 055.00 | 120689 | 0 | 27565 | X | |||
| Edward Franz | ||||||||
| Guidance | 055.00 | 111907 | 0 | 27075 | X | |||
| Alexander Curtis | ||||||||
| Former Headmaster | 055.00 | 208040 | 0 | 0 | X | |||
| John W Adams | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Penelope Boorman | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Patrick J Burke III | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| M Thomas Conway | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| John Egan | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| John Fay | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Linda George | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Sheila Klehm | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Richard L Markee | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| John Peirano | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Michael W Ranger | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Katherine T Rohrer | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Debra Roth | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Lee Kellogg Sadrian | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Barbara Sandelands | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Haleh Shafaie | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| John Taylor | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Sibhan A Teare | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Paolo Cucchi | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Wilfredo Fernandez | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Michael Magner | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Betsy Patterson | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Joseph Robillard | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Roger Schwarz | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Monya Taylor | ||||||||
| Trustee | 010.00 | X | 0 | 0 | 0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 994504 | TotalReportableCompFromOrg |
| Total Other Compensation | 185367 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Joseph A Natoli Construction Corp | |||||
| 293 Change Bridge Rd | Pine Brook | NJ | 07058 | Construction | 998165 |
| Eastern Essentials Services | |||||
| 122 Clinton Rd 1st Floor | Fairfield | NJ | 07004 | Cleaning Service | 298415 |
| Apple Inc | |||||
| PO Box 281877 | Atlanta | GA | 30384 | Computer Technology | 317105 |
| World Class Staffing | |||||
| 359 Van Nostrand Ave | Jersey City | NJ | 07305 | Staffing | 159941 |
| ChartwellCompass Group | |||||
| 3 International Dr 2nd Fl | Rye Brook | NY | 10573 | Food Service | 580863 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 228165 | FundraisingEvents |
| All Other Contributions | 789034 | AllOtherContributions |
| Total Contributions | 1017199 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition | 611710 | 17240916 | 17240916 |
| Student and Other Fees | 611710 | 132100 | 132100 |
| Auxiliary Services | 611710 | 1792082 | 1792082 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 19165098 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 238778 | TotalRevenueColumn |
| Exclusion | $238,778 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 210665 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 228165 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 208976 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1689 | TotalRevenueColumn |
| Exclusion | $229,854 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Activities | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 822829 | TotalRevenueColumn |
| Related Or Exempt Function Income | 822829 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 822829 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21245593 | TotalRevenueColumn |
| Related Or Exempt Function Income | 19987927 | RelatedOrExemptFunctionIncome |
| Exclusion | $468,632 | 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 | 1995611 | Total |
| Program Services | 1995611 | 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 | 1072940 | Total |
| Program Services | 397778 | ProgramServices |
| Management And General | 486104 | ManagementAndGeneral |
| Fundraising | 189058 | 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 | 8808158 | Total |
| Program Services | 6268072 | ProgramServices |
| Management And General | 2146194 | ManagementAndGeneral |
| Fundraising | 393892 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 568178 | Total |
| Program Services | 392063 | ProgramServices |
| Management And General | 148500 | ManagementAndGeneral |
| Fundraising | 27615 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1251343 | Total |
| Program Services | 861224 | ProgramServices |
| Management And General | 308053 | ManagementAndGeneral |
| Fundraising | 82066 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 742917 | Total |
| Program Services | 577447 | ProgramServices |
| Management And General | 137007 | ManagementAndGeneral |
| Fundraising | 28463 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77150 | Total |
| Management And General | 77150 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27640 | Total |
| Management And General | 27640 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
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 | 195444 | Total |
| Program Services | 82779 | ProgramServices |
| Management And General | 112665 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188099 | Total |
| Program Services | 115714 | ProgramServices |
| Management And General | 72385 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 580905 | Total |
| Program Services | 341096 | ProgramServices |
| Management And General | 239809 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 534988 | Total |
| Program Services | 296012 | ProgramServices |
| Management And General | 238976 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1352141 | Total |
| Program Services | 1352141 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31696 | Total |
| Program Services | 2389 | ProgramServices |
| Management And General | 29307 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105087 | Total |
| Program Services | 78982 | ProgramServices |
| Management And General | 26105 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59099 | Total |
| Management And General | 59099 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1446504 | Total |
| Program Services | 1446504 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 313702 | Total |
| Management And General | 313702 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Athletic Events | 410320 | 410320 | |
| Food and Dining | 797093 | 796748 | 345 |
| School Events and Activities | 782211 | 578896 | 203315 |
| Transportation | 61681 | 61681 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120275 | Total |
| Program Services | 72947 | ProgramServices |
| Management And General | 47328 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21523182 | Total |
| Program Services | 16128404 | ProgramServices |
| Management And General | 4673684 | ManagementAndGeneral |
| Fundraising | 721094 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1045685 | BOY |
| EOY | 1504101 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1249762 | BOY |
| EOY | 1765467 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1444983 | BOY |
| EOY | 1162246 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 390437 | BOY |
| EOY | 290403 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133176 | BOY |
| EOY | 140816 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 53620264 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16632471 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37584753 | BOY |
| EOY | 36987793 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9599993 | BOY |
| EOY | 9879429 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1299461 | BOY |
| EOY | 1097699 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52748250 | BOY |
| EOY | 52827954 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1077312 | BOY |
| EOY | 1149984 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3721423 | BOY |
| EOY | 4660072 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4220568 | BOY |
| EOY | 3875000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9019303 | BOY |
| EOY | 9685056 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31837296 | BOY |
| EOY | 32046842 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4697892 | BOY |
| EOY | 4312488 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7193759 | BOY |
| EOY | 6783568 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43728947 | BOY |
| EOY | 43142898 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52748250 | BOY |
| EOY | 52827954 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -277589 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -308460 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Pertcentage170 | 0.00000 | PublicSupportPertcentage170 |
| Public Support Percentage509 | 0.00000 | PublicSupportPercentage509 |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
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) |
|---|---|---|
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10198638 | BeginningOfYearBalance |
| Contributions | 12934 | Contributions |
| Investment Earnings Or Losses | -92845 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 264670 | GrantsOrScholarships |
| Other Expenditures | 5809 | OtherExpenditures |
| End Of Year Balance | 9848248 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8632864 | BeginningOfYearBalance |
| Contributions | 8779 | Contributions |
| Investment Earnings Or Losses | 1853996 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 297001 | GrantsOrScholarships |
| End Of Year Balance | 10198638 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7814869 | BeginningOfYearBalance |
| Contributions | 130083 | Contributions |
| Investment Earnings Or Losses | 974610 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 259859 | GrantsOrScholarships |
| Other Expenditures | 26839 | OtherExpenditures |
| End Of Year Balance | 8632864 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10287782 | BeginningOfYearBalance |
| Contributions | 6199 | Contributions |
| Investment Earnings Or Losses | -2193880 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 285232 | GrantsOrScholarships |
| End Of Year Balance | 7814869 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.03000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.69000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.28000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 48044997 | OtherCostOrOtherBasis |
| Depreciation | 13696627 | Depreciation |
| Book Value | 34348370 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1761421 | OtherCostOrOtherBasis |
| Depreciation | 1715241 | Depreciation |
| Book Value | 46180 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3813846 | OtherCostOrOtherBasis |
| Depreciation | 1220603 | Depreciation |
| Book Value | 2593243 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 36987793 | TotalOfBookValueLandBuildings |
| Total Revenue | 21245593 | TotalRevenue |
| Total Expenses | 21523182 | TotalExpenses |
| Excess Or Deficit For Year | -277589 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -308460 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -308460 | TotalAdjustments |
| Excess Or Deficit Per FS | -586049 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21146109 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -308460 | NetUnrealizedGainsInvestments |
| Other Revenues | 208976 | OtherRevenues |
| Revenue Not Rptd F990 | -99484 | RevenueNotRptdF990 |
| Revenue Subtotal | 21245593 | RevenueSubtotal |
| Total Revenue Per Form990 | 21245593 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 21732158 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 208976 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 208976 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21523182 | ExpensesSubtotal |
| Total Expenses Per Form990 | 21523182 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| XII | 2d | Fundraising Expenses. |
| XIII | 2d | Fundraising Expenses. |
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 |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
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 |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | false | AgreementRefFundraising |
| Licensed States | NJ | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Fall Event | NameOfEvent1 |
| Gross Receipts Event1 | 149452 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 53720 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 95732 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 95732 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Spring Fundraiser | NameOfEvent2 |
| Gross Receipts Event2 | 179544 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 113625 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 65919 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 65919 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 109834 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 60820 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 49014 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 47325 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 438830 | GrossReceiptsTotal |
| Charitable Contributions Total | 228165 | CharitableContributionsTotal |
| Gross Revenue Total Events | 210665 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 208976 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 208976 | DirectExpenseSummaryEvents |
| Net Income Summary | 1689 | NetIncomeSummary |
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 | Aid | TypeOfGrant |
| Number Of Recipients | 72 | NumberOfRecipients |
| Amount Of Cash Grant | 1995611 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | 2 | ReturnReference |
| Explanation | Financial Aid is granted to students according to need which is determined by an application process. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg |
|---|---|---|---|---|
| Peter Caldwell | ||||
| 141176 | 14250 | 16989 | 172415 | |
| John Mascaro | ||||
| 151710 | 17654 | 16937 | 186301 | |
| Darren Burns | ||||
| 129716 | 15430 | 16917 | 162063 | |
| Alison Cady | ||||
| 119066 | 15651 | 16899 | 163816 | 12200 |
| Alexander Curtis | ||||
| 208040 | 208040 | |||
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NJ Economic Development Authority | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 222015817 | IssuerEIN |
| CUSIP Number | 111111111 | CUSIPNumber |
| Date Issued | 2007-11-08 | DateIssued |
| Issue Price | 14500000 | IssuePrice |
| Description Of Purpose | construction projects | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Peter Caldwell | NamePerson |
| Purpose Of Loan | Housing assistance | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $100,000 | OriginalPrincipalAmount |
| Balance Due | 100000 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 100000 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Part XI | 5 | Net Unrealized Gains/Losses on Investments. |
| Form 990 Part VI | 11 | The 990 is reviewed by the Headmaster, the Business Manager, and the full Board of Trustees. The information in the 990 is largely drawn from the audited financial statements which are reviewed by the Board. |
| Form 990 Part VI | 12 | Conflicts of Interest are reviewed by the Executive Committee of the Board. |
| Form 990 Part VI | 15 | The Compensation Committee of the Board uses compensation surveys to determine the salary for the Headmaster. |
| Form 990 Part VI | 19 | Information is available upon request. |
| Form 990 Part XI Line 5 Net Unrealized Gains/Losses on Investments. Form 990 Part VI Section B Line 11 The 990 is reviewed by the Headmaster, the Business Manager, and the full Board of Trustees. The information in the 990 is largely drawn from the audited financial statements which are reviewed by the Board. Form 990 Part VI Section B Line 12 Conflicts of Interest are reviewed by the Executive Committee of the Board. Form 990 Part VI Section B Line 15 The Compensation Committee of the Board uses compensation surveys to determine the salary for the Headmaster. Form 990 Part VI Section C Line 19 Information is available upon request. |
Comments