2013-02-15T13:42:45-06:00 2012-06-30 550623999 GOMPERS & ASSOCIATES PLLC 117 EDGINGTON LANE WHEELING WV 260031534 990 2011-07-01 550357035 LINSLY SCHOOL INCORPORATED LINS 3042333260 60 KNOX LANE WHEELING WV 260036430 TERRY DEPEW 3042333260 2013-02-15 1 CHRISTOPHER S LOHRI CPA P00629840 3042429300 2013-02-15 X 2011 2016-03-07 17:11:31Z MR CHAD BARNETT 60 KNOX LANE WHEELING WV 260036430 17702648 0 X WWW.LINSLY.ORG X 1814 WV SCHOOL 15 15 105 3 0 0 817563 4711451 6676977 8701128 1274074 -701707 44528 56439 8813142 12767311 0 1833125 0 0 4264555 4303253 0 0 343693 3504466 3703778 7769021 9840156 1044121 2927155 23493429 27046808 3098246 2797130 20395183 24249678 THE LINSLY SCHOOL OFFERS A TRADITIONAL COLLEGE PREPARATORY PROGRAM WHERE ACADEMIC EXCELLENCE AND CHARACTER DEVELOPMENT ARE EMPHASIZED IN EVERY FACET OF STUDENT LIFE. 0 0 9000342 1833125 6974141 SCHOOL - OPERATION OF PRIVATE COLLEGE PREPARATORY SCHOOL (GRADES 5TH THROUGH 12TH), WITH A TOTAL ENROLLMENT OF 451 STUDENTS. 9000342 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 6 0 1 105 1 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X LINSLY SCHOOL - CO MR TERRY DEPEW 3042333260 KNOX LANE WHEELING WV 260036430 DONALD H HOFREUTER MD 2.00 X 0 0 0 MS TIANDA BLOUNT 2.00 X 0 0 0 MR JOHN C HARMON ESQ 2.00 X 0 0 0 MR WILBUR S JONES 2.00 X 0 0 0 MR LEE C PAULL IV 2.00 X 0 0 0 MR R KEVIN STEVICK 2.00 X 0 0 0 MS KRISTINE N MOLNAR 2.00 X 0 0 0 MR JAMES G SQUIBB JR 2.00 X 0 0 0 MS SUE SEIBERT FARNSWORTH 2.00 X 0 0 0 MR GLEN E STRAUB 2.00 X 0 0 0 MR JOSEPH R ROHRIG 2.00 X 0 0 0 MR JOSEPH N GOMPERS 5.00 X 0 0 0 MR JAMES F MCNULTY 5.00 X 0 0 0 MR SCOTT S BOND 5.00 X 0 0 0 MR ROBERT M NUTTING 5.00 X 0 0 0 MR CHAD BARNETT 60.00 X 110000 0 11400 MR TERRY DEPEW 60.00 X 98000 0 12816 MR RENO DIORIO 40.00 X 90000 0 12290 298000 0 36506 1 0 0 0 MANSUETTO ROOFING 116 WOOD STREET MARTINS FERRY OH 43935 ROOFING SERVICES 185824 1 15000 4696451 53538 4711451 EDUCATION & GENERAL 611710 8041428 8041428 AUXILIARY ENTERPRISES 611710 659700 659700 8701128 365580 365580 44528 0 44528 44528 44528 3855862 4923149 -1067287 -1067287 -1067287 24099 15000 12188 11911 11911 12767311 6974141 0 1081719 X 1833125 1833125 3486996 3030686 276140 180170 161625 134278 15783 11564 365044 317274 28908 18862 289588 251692 22933 14963 7721 7721 61485 61485 50008 50008 80529 80529 130080 130080 308261 308261 30644 30644 20097 20097 348706 348706 CAFETERIA 787860 787860 MAINTENANCE 276511 276511 TUITION REMISSION 271320 271320 BOOKSTORE 226353 226353 1104203 902918 83151 118134 9840156 9000342 496121 343693 831551 511586 79260 1421049 385166 455727 101792 105333 61920 86016 14006644 6573180 7411044 7433464 14622696 17033633 23493429 27046808 403460 278082 668012 692286 638175 479130 1388599 1347632 3098246 2797130 X 8619119 8757210 4465330 8486726 7310734 7005742 20395183 24249678 23493429 27046808 X 2927155 927340 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14622696 2946691 -535754 17033633 12558696 374730 1689270 14622696 0.17000 0.57000 0.26000 0 0 800186 800186 11864659 5355281 6509378 1341799 1217899 123900 7433464 PUBLICLY TRADED SECURITIES 17033633 F 17033633 DEFERRED RENTAL INCOME 1310458 CHARITABLE GIFT ANNUITY 37174 1347632 12767311 9840156 2927155 927340 927340 3854495 11873714 927340 12188 939528 10934186 1833125 1833125 12767311 8019219 12188 12188 8007031 1833125 1833125 9840156 PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 12,188. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 1,833,125. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 12,188. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 1,833,125. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 LOCAL NEWSPAPERS AND NATIONAL MAGAZINE ADS CITE NONDISCRIMINATORY POLICY. DINNER AND SILENT AUCTION 39099 15000 24099 12188 39099 15000 24099 12188 12188 11911 1 FINANCIAL AID FOR STUDENTS ATTENDING THE LINSLY SCHOOL INCORPORATED 215 1833125 FAIR MARKET VALUE X 1 0 X X X X 0 0 0 0 0 0 0 0 0 PAULL ASSOCIATES INC ENTITY OWNED 40% BY TRUSTEE LEE C. PAULL, IV 135969 LEE C. PAULL, IV IS VICE PRESIDENT OF PAULL ASSOCIATES, INC. WHICH PROVIDES INSURANCE PRODUCTS TO THE LINSLY SCHOOL INCORPORATED. 0 GOMPERS & ASSOCIATES PLLC ENTITY OWNED >35% BY TRUSTEE JOSEPH N. GOMPERS 36090 JOSEPH N. GOMPERS IS MANAGING PARTNER OF GOMPERS & ASSOCIATES PLLC WHICH PROVIDES ACCOUNTING, TAX AND CONSULTING SERVICES TO THE LINSLY SCHOOL INCORPORATED. 0 X 5 53538 FMV 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MR. LEE C. PAULL, III, FORMER TRUSTEE AND CURRENT EMERITUS TRUSTEE, IS THE FATHER OF CURRENT TRUSTEE, MR. LEE C. PAULL, IV. MR. JAMES G. SQUIBB, JR. IS AN OWNER AND OFFICER OF BEYOND MARKETING INC. WHICH TRANSACTS BUSINESS WITH PAULL ASSOCIATES, INC. PAULL ASSOCIATES, INC. IS OWNED BY MR. LEE C. PAULL, III AND MR. LEE C. PAULL, IV. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS REVIEWED THE ENTIRE FORM 990 AND DISCUSSED VIA CONFERENCE CALL. THE REVIEWED FORM 990 WAS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR COMMENTS AND APPROVAL BEFORE THE FORM 990 WAS SIGNED BY THE BUSINESS MANAGER AND FILED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER IS REQUIRED TO SIGN AN ANNUAL STATEMENT DISCLOSING THEY HAVE READ AND AGREE WITH THE CONFLICT OF INTEREST POLICY. IN ADDITION PERIODIC REVIEWS OF TRANSACTIONS SUCH AS COMPENSATION, BENEFITS, AND PARTNERSHIP TRANSACTIONS ARE IN ACCORDANCE WITH THE SCHOOLS POLICIES. FORM 990, PART VI, SECTION B, LINE 15A THE HEADMASTER'S COMPENSATION WAS LAST DETERMINED MARCH 2011. THE COMPENSATION AMOUNT WAS REVIEWED AND DETERMINED BY THE COMPENSATION COMMITTEE BASED ON DISCUSSIONS WITH OTHER MEMBERS OF THE BOARD OF TRUSTEES AND COMPARABLE DATA. THIS DETERMINATION WAS DOCUMENTED IN A FORMAL EMPLOYMENT CONTRACT AND BOARD MINUTES. THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES ARE ALSO DETERMINED IN A REVIEW BY THE COMPENSATION COMMITTEE. THE LAST REVIEW WAS IN FISCAL YEAR 2011. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THIS INFORMATION ARE MADE AVAILABLE UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24E BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 200,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200,298. OUTDOOR CENTER: PROGRAM SERVICE EXPENSES 170,594. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 170,594. ATHLETICS: PROGRAM SERVICE EXPENSES 112,821. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,821. DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 105,947. TOTAL EXPENSES 105,947. INSURANCE: PROGRAM SERVICE EXPENSES 93,854. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,854. BANK/TRUSTEE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 83,151. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,151. TRANSPORTATION: PROGRAM SERVICE EXPENSES 81,132. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,132. STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 68,307. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,307. YEARBOOK/NEWSPAPER: PROGRAM SERVICE EXPENSES 34,463. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,463. CLASSROOM SUPPLIES: PROGRAM SERVICE EXPENSES 31,429. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,429. SUMMER PROGRAMS: PROGRAM SERVICE EXPENSES 28,719. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,719. EXTRAVAGANZA: PROGRAM SERVICE EXPENSES 22,160. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,160. DUES: PROGRAM SERVICE EXPENSES 18,410. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,410. LIBRARY & MOVIES: PROGRAM SERVICE EXPENSES 17,862. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,862. TELEPHONE: PROGRAM SERVICE EXPENSES 16,132. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,132. TASTE OF LINSLY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 12,187. TOTAL EXPENSES 12,187. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 4,714. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,714. OTHER TAXES: PROGRAM SERVICE EXPENSES 1,544. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,544. EVALUATION: PROGRAM SERVICE EXPENSES 479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 479. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 927,340. THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEARS.