NEW ROADS SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NEW ROADS SCHOOL (EIN 95-4823489)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2013-04-24
- IRS object ID
- 201331149349300338
- Schema version
- 2010v3.2
- 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 M
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-24T16:27:05-07:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David A Feldman CPA Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11845 W OLYMPIC BLVD STE 845 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900641163 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954823489 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Roads School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWR | NameControl |
| Phone | 3108285582 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3131 Olympic Blvd | AddressLine1 |
| City | Santa Monica | City |
| State | CA | State |
| ZIP Code | 90404 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Adrienne McCandless | Name |
| Title | Business Mgr/CFO | Title |
| Date Signed | 2013-04-24 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David A Feldman | Name |
| Phone | 3108269116 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Gross Receipts | 41019954 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.newroads.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Operate an independent school. | ActivityOrMissionDescription |
| Termination Or Contraction | X | TerminationOrContraction |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 223 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 2644625 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5620964 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17720104 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 18846762 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9555 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10231 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -147178 | OtherRevenuePriorYear |
| Other Revenue Current Year | 16496136 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 20227106 | TotalRevenuePriorYear |
| Total Revenue Current Year | 40974093 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6954010 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7818910 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8243877 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9078410 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 982669 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3462432 | OtherExpensePriorYear |
| Other Expenses Current Year | 3877003 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 18660319 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20774323 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1566787 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 20199770 | RevenuesLessExpensesCY |
| Total Assets BOY | 16684003 | TotalAssetsBOY |
| Total Assets EOY | 39392735 | TotalAssetsEOY |
| Total Liabilities BOY | 7733403 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10180882 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8950600 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29211853 | NetAssetsOrFundBalancesEOY |
| Mission Description | Operate an independent school. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 17521908 | Expense |
| Grants | 7818910 | Grants |
| Revenue | 18108743 | Revenue |
| Description | A co-educational non-sectorian, college preparatory school; grades K - 12. Serving 654 students. | Description |
| Total Program Service Expense | 17521908 | 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 | true | 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 | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | 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 | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | true | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 60 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | false | ComplianceWithBackupWitholding |
| Number Of Employees | 223 | 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 | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | 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 | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | 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 | false | 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 | true | 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 | Adrienne McCandless | NamePerson |
| Telephone Number | 3108285582 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3131 Olympic Blvd | AddressLine1 |
| City | Santa Monica | City |
| State | CA | State |
| ZIP Code | 90404 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|
| Tory Metzger | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Suzy Cameron | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Sonia Molina | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Sean Scott | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Santiago Rosales | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Sam Mudie | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Rick Rappaport | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Paul Cummins | ||||||||
| Trustee | 40.00 | X | 0 | 0 | 0 | |||
| Patrick McCabe | ||||||||
| Dir Elem School | 50.00 | 102674 | 0 | 7500 | X | |||
| Nat Trives | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Nancy Stephens | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Monica Nachsin | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Laura Rosales | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Karen Bass | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Joe Wise | ||||||||
| Asst Head Schoo | 50.00 | 140474 | 0 | 8907 | X | |||
| Janice Holland | ||||||||
| Secretary | 2.00 | X | 0 | 0 | 0 | |||
| Janene Ward | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Jacqueline Pravda | ||||||||
| Dir College Gui | 50.00 | 106789 | 0 | 0 | X | |||
| Greg Morgan | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Felicia Rosenfeld | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Elliot Zorensky | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| David Fried | ||||||||
| Treasurer | 2.00 | X | 0 | 0 | 0 | |||
| David Bryan | ||||||||
| Head of School | 50.00 | 295139 | 0 | 60716 | X | X | X | |
| Chris Elder | ||||||||
| Dir Mid School | 50.00 | 131525 | 0 | 8133 | X | |||
| Cecil McNab | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Carl Douglas | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Barbara Lodge | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Art Antin | ||||||||
| Chairman | 2.00 | X | 0 | 0 | 0 | |||
| Amy Simons | ||||||||
| Dir of Developm | 50.00 | 100029 | 0 | 3057 | X | |||
| Adrienne McCandless | ||||||||
| Business Mgr | 50.00 | 172523 | 0 | 10687 | X | X | X | |
| Ador Lazar | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1049153 | TotalReportableCompFromOrg |
| Total Other Compensation | 99000 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 184649 | FundraisingEvents |
| All Other Contributions | 5436315 | AllOtherContributions |
| Total Contributions | 5620964 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| Tuition & fees | 18108743 | 18108743 |
| Student activities | 627169 | 627169 |
| Miscellaneous | 55077 | 55077 |
| Increase in CSV | 55773 | 55773 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 18846762 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7478 | TotalRevenueColumn |
| Exclusion | $7,478 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 10500 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 6527 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3973 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3973 | TotalRevenueColumn |
| Exclusion | $3,973 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2753 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2753 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2753 | TotalRevenueColumn |
| Exclusion | $2,753 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 12850 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 184649 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 39334 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -26484 | TotalRevenueColumn |
| Exclusion | -$26,484 | 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 |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Gain on dissolution-NLC | Description |
| Total Revenue Column | 16518647 | TotalRevenueColumn |
| Exclusion | $16,518,647 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 16518647 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40974093 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18846762 | RelatedOrExemptFunctionIncome |
| Exclusion | $16,506,367 | 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 | 7818910 | Total |
| Program Services | 7818910 | 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 | 1148153 | Total |
| Program Services | 524361 | ProgramServices |
| Management And General | 379023 | ManagementAndGeneral |
| Fundraising | 244769 | 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 | 7930257 | Total |
| Program Services | 6310648 | ProgramServices |
| Management And General | 1220582 | ManagementAndGeneral |
| Fundraising | 399027 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 467344 | Total |
| Program Services | 351910 | ProgramServices |
| Management And General | 82253 | ManagementAndGeneral |
| Fundraising | 33181 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1227705 | Total |
| Program Services | 924462 | ProgramServices |
| Management And General | 216076 | ManagementAndGeneral |
| Fundraising | 87167 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238818 | Total |
| Program Services | 179830 | ProgramServices |
| Management And General | 42032 | ManagementAndGeneral |
| Fundraising | 16956 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 611506 | Total |
| Program Services | 460464 | ProgramServices |
| Management And General | 107625 | ManagementAndGeneral |
| Fundraising | 43417 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184230 | Total |
| Program Services | 138725 | ProgramServices |
| Management And General | 32424 | ManagementAndGeneral |
| Fundraising | 13081 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Telephone | 95173 | 71665 | 16751 | 6757 |
| Student activities | 304940 | 304940 | ||
| Security | 109855 | 82720 | 19335 | 7800 |
| Professional & contract fees | 99230 | 74720 | 17464 | 7046 |
| Fundraising expenses | 98146 | 98146 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 440056 | Total |
| Program Services | 278553 | ProgramServices |
| Management And General | 136181 | ManagementAndGeneral |
| Fundraising | 25322 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20774323 | Total |
| Program Services | 17521908 | ProgramServices |
| Management And General | 2269746 | ManagementAndGeneral |
| Fundraising | 982669 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1042974 | BOY |
| EOY | 3375929 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 830595 | BOY |
| EOY | 1696428 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137264 | BOY |
| EOY | 151332 | 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 | 594845 | BOY |
| EOY | 918234 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 35113015 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2046462 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3223419 | BOY |
| EOY | 33066553 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316033 | BOY |
| EOY | 113204 | 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) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10538873 | BOY |
| EOY | 71055 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16684003 | BOY |
| EOY | 39392735 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1099967 | BOY |
| EOY | 1246937 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1208092 | BOY |
| EOY | 3456733 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4510099 | BOY |
| EOY | 4517672 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 915245 | BOY |
| EOY | 959540 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7733403 | BOY |
| EOY | 10180882 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7899458 | BOY |
| EOY | 26764147 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 801142 | BOY |
| EOY | 2197706 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250000 | BOY |
| EOY | 250000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8950600 | BOY |
| EOY | 29211853 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16684003 | BOY |
| EOY | 39392735 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 20199770 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 61483 | 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) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 9500 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25000 | BeginningOfYearBalance |
| End Of Year Balance | 25000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 250000 | BeginningOfYearBalance |
| End Of Year Balance | 250000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 250000 | BeginningOfYearBalance |
| End Of Year Balance | 250000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13012841 | OtherCostOrOtherBasis |
| Book Value | 13012841 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1393094 | OtherCostOrOtherBasis |
| Depreciation | 918403 | Depreciation |
| Book Value | 474691 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2655543 | OtherCostOrOtherBasis |
| Depreciation | 291072 | Depreciation |
| Book Value | 2364471 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1015211 | OtherCostOrOtherBasis |
| Depreciation | 647648 | Depreciation |
| Book Value | 367563 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17036326 | OtherCostOrOtherBasis |
| Depreciation | 189339 | Depreciation |
| Book Value | 16846987 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33066553 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Loans payable | $598,775 |
| Deferred compensation | $360,765 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 959540 | TotalOfAmounts |
| Total Revenue | 40974093 | TotalRevenue |
| Total Expenses | 20774323 | TotalExpenses |
| Excess Or Deficit For Year | 20199770 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 34999 | NetUnrealizedGLOnInvestments |
| Other | $26,484 | OtherAmount |
| Total Adjustments | 61483 | TotalAdjustments |
| Excess Or Deficit Per FS | 20261253 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 41042103 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 34999 | NetUnrealizedGainsInvestments |
| Other Revenues | 33011 | OtherRevenues |
| Revenue Not Rptd F990 | 68010 | RevenueNotRptdF990 |
| Revenue Subtotal | 40974093 | RevenueSubtotal |
| Total Revenue Per Form990 | 40974093 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20780850 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 6527 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 6527 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20774323 | ExpensesSubtotal |
| Total Expenses Per Form990 | 20774323 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | Rental expenses included in Part VIII $6527 |
| Part XII, Line 2d | Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Various $33011 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | Net loss from fundraising activities $26484 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | The earnings on the permanent endowments are to be used for financial aid for domestic students and faculty development. |
| Part III, Line 4 | Part III, Line 4: Description of organization's collections and how it furthers its purpose. | Maestro James Conlon has chosen New Roads School to curate and catalog his extensive and diverse personal collection of LPs for an audio library that will be accessible to the public. The School will be digitally cataloging the collection of almost 2,000 original recordings. This will enable the music program to increase its diversity which is an integral part of the education provided by New Roads School. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | Identifier |
| Explanation | Advertisements are published in local newspapers which include our racially nondiscriminatory policy. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | false | AgreementRefFundraising |
| Licensed States | CA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual fundraiser-Kaliedoscope | NameOfEvent1 |
| Gross Receipts Event1 | 160541 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 147691 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 12850 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 4593 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 10717 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 19574 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 250 | EntertainmentEvent1 |
| Name Of Event2 | Homecoming | NameOfEvent2 |
| Gross Receipts Event2 | 36958 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 36958 | CharitableContributionsEvent2 |
| Non Cash Prizes Event2 | 650 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 3550 | RentFacilityCostsEvent2 |
| Gross Receipts Total | 197499 | GrossReceiptsTotal |
| Charitable Contributions Total | 184649 | CharitableContributionsTotal |
| Gross Revenue Total Events | 12850 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 5243 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 14267 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 19574 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 250 | EntertainmentTotalEvents |
| Direct Expense Summary Events | 39334 | DirectExpenseSummaryEvents |
| Net Income Summary | -26484 | 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 | 370 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 7818910 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | Reduced tuition | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Additional Supplemental Information | Identifier |
| Explanation | Financial aid is granted to students based on financial need on a non-discriminatory basis as determined by the Financial Aid Committee. No cash is awarded, reduced tuition only. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|
| David Bryan | ||||
| 289139 | 6000 | 46016 | 14700 | 355855 |
| Adrienne McCandless | ||||
| 172523 | 10687 | 183210 | ||
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA Municipal Finance Auth | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 201563466 | IssuerEIN |
| Date Issued | 2010-12-30 | DateIssued |
| Issue Price | 13000000 | IssuePrice |
| Description Of Purpose | Revenue Bds-Educational Villag | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 13000000 | TotalProceeds |
| Capital Expenditures | 295986 | CapitalExpenditures |
| Amount Unspent | 12704014 | AmountUnspent |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | false | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 14 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 269693 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Mkt Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule N IRS990ScheduleN
Disposition Table DispositionTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | 100% ownership interest in New Land Company, LLC | DescriptionOfAsset |
| Date Of Distribution | 2011-01-12 | DateOfDistribution |
| FMV Of Asset | 7830540 | FMVOfAsset |
| Method Of FMV Determination | form K-1 | MethodOfFMVDetermination |
| EIN | 954823489 | EIN |
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Roads School | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3131 Olympic Blvd | AddressLine1 |
| City | Santa Monica | City |
| State | CA | State |
| ZIP Code | 90404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | 501 (c)(3) | IRCSection |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | false | DirectorOfSuccessor2 |
| Employee Of Successor2 | false | EmployeeOfSuccessor2 |
| Owner Of Successor2 | false | OwnerOfSuccessor2 |
| Receive Compensation2 | false | ReceiveCompensation2 |
Form990 Schedule N Part III Form990ScheduleNPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Sch N, Part III, Additional Information | ReturnReference |
| Explanation | New Roads School and New Visions Foundation (also a 501(c)(3) tax-exempt organization) each owned 50% of New Land Company, LLC (NLC). NLC was formed in 2008 to develop land it owned for New Roads School and other entities with related missions and furthering their educational outreach. The LLC was operated exclusively to further the educational and charitable purposes of its two members. The only significant activity of the LLC was in planning the development. There was no income. On December 30, 2010 New Roads School purchased the 50% of NLC owned by New Visions Foundation. At that point New Roads School owned 100% of NLC. On January 12, 2011 NLC was dissolved and all assets, consisting only of land and building, were distributed to New Roads School.This is the same transaction reported in Schedule R. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Joint Venture Part VI, line 16b | New Roads School enterened into a joint venture agreement with another 501(c)(3) organization, New Visions Foundation, also an educational entity, by forming a limited liability company (LLC) to develop an educational village for the purposes of housing themselves and other exempt organizations with related missions and furthering their educational outreach. The LLC was operated exclusively to further the educational and charitable purposes of its two members. The only significant activity of the LLC was in planning the development. There was no income. Ground breaking for the Village began in December 2010. Although a written policy or procedure to evaluate New Roads School's participation in the joint venture and safeguard it's income tax exemption is no longer necessary as the joint venture dissolved January 12, 2011, procedures were followed to do so.This is the same transaction reported in Schedules N and R. | |
| Form 990, Schedule K, Part III, Line 7 | As of the date of this return, the organization had not formally adopted separate management practices and procedures to ensure the post-issuance compliance of its tax-exempt liabilities, other than those procedures contained in the bond documents. On March 13, 2013, the organization adopted a written post-issuance compliance policy and procedures for tax-exempt bonds to ensure post-issuance compliance for its tax-exempt liabilities, which includes procedures for timely identifying and correcting any violations of federal tax requirements. | |
| Form 990, Schedule K - Supplemental Information on Tax-Exempt Bonds | Schedule K has been completed and is being filed in connection with this amended return. Schedule K was not included as part of the originally filed form 990. | |
| Form 990, Part IV, Line 24 - Tax-Exempt Bonds | The responses for Part IV, Line 24 are being modified to reflect the existence of tax-exempt obligations of New Roads School. | |
| Form 990 Part VI, Section A | New Roads School has an Executive Committee that is comprised of ten elected officers of the board of trustees. It meets no fewer than monthly from September to June. The Executive Committee provides oversight and counsel for major operational, financial and capital issues, including executive compensation and strategic planning. | |
| Form 990 is being amended to include Schedule K which was inadvertently not included as part of the originally filed return. | Amended Explanation | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The following organizational documents of New Roads School are available for inspection or copying at the organization's office during normal business hours at no charge, except for a nominal copying fee:1) Tax Exemption Application2) IRS Determination letter3) Articles of Incorporation4) By-Laws5) Form 990 and audited financial statements for the most recent and prior two years. 6) Conflict of interest policy.The public inspection copy of the Form 990 will not include Schedule A excess contributors or the Schedule B.The most updated versions of all of the preceding forms will be available.When responding to a public inspection request for any organizational document or Form 990 by anyone, New Roads School will fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The conflict of interest policy is provided to each Trustee upon nomination. A conflict of interest disclosure form is also provided to each trustee annually who completes, signs and returns the form to the CFO. The CFO reviews each form. Any noted conflicts are brought to the attention of the President of the Board. All conflicts are then directed to the appropriate committee or brought before the entire Board for discussion and appropriate corrective action. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | Form 990 is prepared by an independent CPA who delivers a draft copy to the CFO/ Business Manager. The CFO/Business Manager reviews and discusses the forms with the CPA. Any necessary revisions are made and a final copy is delivered to the CFO. The CFO then forwards electronically to the Finance Committee members for their top-level type of review no later than one month prior to the filing deadline.After the draft of the Form 990 has been obtained by the Finance Committee, they will have no more than two weeks to complete their review. If the Finance Committee desires or deems it necessary to conduct a more detailed review of the Form 990, they will contact the CFO and preparer. Once the Finance Committee has completed it's intial review of the Form 990 a meeting or conference call will be scheduled with the preparer to discuss any questions, comments or suggested revisions they may have.After the Form 990 has been reviewed by the Finance Committee and filed with the IRS, a copy of the 990 is made available to the Board of Directors. | Form 990, Part VI, Line 11 |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Paul Cummins, a Trustee, is the Executive Director of New Visions Foundation of which David Bryan, the Head of School, and Nat Trives, Trustee, are Board members. | Form 990, Part VI, Line 2 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Land Company LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3131 Olympic Blvd | AddressLine1 |
| City | Santa Monica | City |
| State | CA | State |
| ZIP Code | 90404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263480228 | EIN |
| Primary Activity | Bldg rental | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | related | PredominantIncomeType |
| Share Of Total Income | -14197 | ShareOfTotalIncome |
| Disproportionate Allocations | false | DisproportionateAllocations |
| General Or Managing Partner | true | GeneralOrManagingPartner |
| Percentage Ownership | 1 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| New Land Company LLC | ||
| r | 7830540 | K-1 |
| New Land Company LLC | ||
| b | 420538 | Cash |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | New Land Company, LLC | Identifier |
| Explanation | New Roads School and New Visions Foundation (also a 501(c)(3) tax-exempt organization) each owned 50% of New Land Company, LLC (NLC). NLC was formed in 2008 to develop land it owned for New Roads School and other entities with a similar mission. On December 30, 2010 New Roads School purchased the 50% of NLC owned by New Visions Foundation. At that point New Roads School owned 100% of NLC. On January 12, 2011 NLC was dissolved and all assets, consisting only of land and building, were distributed to New Roads School.This is the same transaction reported in Schedule N. | Explanation |
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