BLOOMFIELD COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BLOOMFIELD COLLEGE (EIN 22-1494428)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-02
- IRS object ID
- 201340929349300119
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-02T15:34:38-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221478099 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BECKER FARM ROAD | AddressLine1 |
| City | ROSELAND | City |
| State | NJ | State |
| ZIP Code | 070681739 | 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 | 221494428 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLOOMFIELD COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BLOO | NameControl |
| Phone | 9737489000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HOWARD C BUXBAUM | Name |
| Title | VP OF FINANCE | Title |
| Phone | 9737489000 | Phone |
| Date Signed | 2013-04-01 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS LANNING | Name |
| PTIN | P00851654 | PTIN |
| Phone | 9732283500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HOWARD C BUXBAUM | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 497 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 58774078 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BLOOMFIELD.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1868 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1270 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2825707 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3231522 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 52646770 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 55136155 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 168231 | InvestmentIncomePriorYear |
| Investment Income Current Year | 106381 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 10040 | OtherRevenuePriorYear |
| Other Revenue Current Year | 52639 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 55650748 | TotalRevenuePriorYear |
| Total Revenue Current Year | 58526697 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 14495316 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 14557770 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23564542 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 24794355 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 110738 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 83991 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 967681 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14827844 | OtherExpensePriorYear |
| Other Expenses Current Year | 15402628 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 52998440 | TotalExpensesPriorYear |
| Total Expenses Current Year | 54838744 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2652308 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3687953 | RevenuesLessExpensesCY |
| Total Assets BOY | 58409947 | TotalAssetsBOY |
| Total Assets EOY | 60941349 | TotalAssetsEOY |
| Total Liabilities BOY | 15246867 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14805057 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43163080 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46136292 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 48715427 | Expense |
| Revenue | 55307612 | Revenue |
| Description | TO PROVIDE EDUCATIONAL OPPORTUNITIES THAT WILL PREPARE THE STUDENTS FOR CAREERS. | Description |
| Total Program Service Expense | 48715427 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 58 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1270 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CINDY MCDANIEL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9737489000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (45 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DR ADRIAN A SHELBY | |||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 | |
| ANNE MOREAU THOMAS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CAROLYN GLYNN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DIANA DRYSDALE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR ERNESTO BUTCHER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR MAUREEN GRANT | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR RICHARD A POLLACK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR STEVEN M ROSE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DR NICHOLAS CARLOZZI | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| EMER FEATHERSTONE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GLENN M REITER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HANK UBEROI | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HANNAH RICHMAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JAMES R GILLEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOEL M WEINER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOHN D CAMPBELL | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOHN DELUCCA | |||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | |
| MARTIN MCKERROW | |||||||
| CHAIR | 0.50 | X | X | 0 | 0 | 0 | |
| NANCY LANE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| NANCY VAN DUYNE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PATRICIA ETZOLD | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RENEE BALDAN-SELITTO | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RICHARD LARSEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ROSEMARY IVERSEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| SANFORD B PRATER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| STEPHEN GLASSER | |||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | |
| VERNON ENDO | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| HECTOR O BANEGAS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DOROTHEA BENTON FRANK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM H TURNER III | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOHN G CROSS | |||||||
| VP OF FINANCE | 37.50 | X | 177427 | 0 | 41480 | ||
| KRISTEN COHEN | |||||||
| VP ENROLLMENT MANAGEMENT | 37.50 | X | 41697 | 0 | 6495 | ||
| KWI BRENNAN | |||||||
| VP ADVANCEMENT | 37.50 | X | 165336 | 0 | 27333 | ||
| MARION TERENZIO | |||||||
| VP ACADEMIC AFFAIRS | 37.50 | X | 148559 | 0 | 27254 | ||
| PATRICK LAMY | |||||||
| VP STUDENT AFFAIRS. | 37.50 | X | 137729 | 0 | 16575 | ||
| PETER JEONG | |||||||
| VP ATI | 37.50 | X | 324990 | 0 | 64683 | ||
| RICHARD LEVAO | |||||||
| PRESIDENT | 37.50 | X | 330862 | 0 | 62872 | ||
| WILLIAM MCDONALD | |||||||
| VP CAMPUS PLANNING | 37.50 | X | 142488 | 0 | 64828 | ||
| ADAM CASTRO | |||||||
| VP ENROLLMENT MANAGEMENT | 37.50 | X | 99446 | 0 | 16872 | ||
| HOWARD C BUXBAUM | |||||||
| VP OF FINANCE | 37.50 | X | 0 | 0 | 0 | ||
| CAROLYN SPIES | |||||||
| ASSOC.DEAN ADAC SUPP | 37.50 | 104291 | 0 | 20898 | X | ||
| MARIA VOGT | |||||||
| PROFESSOR | 37.50 | 105287 | 0 | 25660 | X | ||
| NEDDIE SERRA | |||||||
| PROFESSOR | 37.50 | 116189 | 0 | 21431 | X | ||
| MICHAEL SCHIRO | |||||||
| PROFESSOR | 37.50 | 100931 | 0 | 27315 | X | ||
| JULIA MORRISON CHAMBERS | |||||||
| PROFESSOR | 37.50 | 100422 | 0 | 24394 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2095654 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 448090 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JH COHN LLP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BECKER FARM ROAD | AddressLine1 |
| City | ROSELAND | City |
| State | NJ | State |
| ZIP Code | 07078 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | ACCOUNTING | DescriptionOfServices |
| Compensation | 156750 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 31900 | FundraisingEvents |
| Government Grants | 1585488 | GovernmentGrants |
| All Other Contributions | 1614134 | AllOtherContributions |
| Total Contributions | 3231522 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 48807609 | 48807609 |
| AUXILIARY SALES AND SE | 611710 | 6328546 | 6328546 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 55136155 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 106381 | TotalRevenueColumn |
| Exclusion | $106,381 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 116633 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 212061 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -95428 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -95428 | TotalRevenueColumn |
| Exclusion | -$95,428 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 11930 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 31900 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 35320 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -23390 | TotalRevenueColumn |
| Exclusion | -$23,390 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MISCELLANEOUS | 611710 | 97110 | 97110 |
| PARKING | 611710 | 55425 | 55425 |
| VENDING | 611710 | 18922 | 18922 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 171457 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58526697 | TotalRevenueColumn |
| Related Or Exempt Function Income | 55307612 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$12,437 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14557770 | Total |
| Program Services | 14557770 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1918353 | Total |
| Program Services | 1074820 | ProgramServices |
| Management And General | 843533 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17588203 | Total |
| Program Services | 15892473 | ProgramServices |
| Management And General | 1265526 | ManagementAndGeneral |
| Fundraising | 430204 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1207905 | Total |
| Program Services | 1097366 | ProgramServices |
| Management And General | 79498 | ManagementAndGeneral |
| Fundraising | 31041 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4079894 | Total |
| Program Services | 3659545 | ProgramServices |
| Management And General | 323790 | ManagementAndGeneral |
| Fundraising | 96559 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71564 | Total |
| Management And General | 71564 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129550 | Total |
| Management And General | 129550 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83991 | Total |
| Fundraising | 83991 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1853752 | Total |
| Program Services | 1049481 | ProgramServices |
| Management And General | 776359 | ManagementAndGeneral |
| Fundraising | 27912 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204591 | Total |
| Program Services | 202141 | ProgramServices |
| Management And General | 1945 | ManagementAndGeneral |
| Fundraising | 505 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3625611 | Total |
| Program Services | 3304813 | ProgramServices |
| Management And General | 243995 | ManagementAndGeneral |
| Fundraising | 76803 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1169805 | Total |
| Program Services | 1027427 | ProgramServices |
| Management And General | 109576 | ManagementAndGeneral |
| Fundraising | 32802 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1172407 | Total |
| Program Services | 1019994 | ProgramServices |
| Management And General | 117241 | ManagementAndGeneral |
| Fundraising | 35172 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 857383 | Total |
| Program Services | 818697 | ProgramServices |
| Management And General | 29338 | ManagementAndGeneral |
| Fundraising | 9348 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1779424 | Total |
| Program Services | 1657836 | ProgramServices |
| Management And General | 65503 | ManagementAndGeneral |
| Fundraising | 56085 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 598154 | Total |
| Management And General | 598154 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2364721 | Total |
| Program Services | 2057307 | ProgramServices |
| Management And General | 236472 | ManagementAndGeneral |
| Fundraising | 70942 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 360024 | Total |
| Program Services | 222014 | ProgramServices |
| Management And General | 138010 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAMS OTHER COSTS | 1073743 | 1073743 | ||
| MEMBERSHIP AND DUES | 98160 | 92700 | 5460 | |
| OTHER EXPENSES | 43739 | 32882 | 10857 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54838744 | Total |
| Program Services | 48715427 | ProgramServices |
| Management And General | 5155636 | ManagementAndGeneral |
| Fundraising | 967681 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 397751 | BOY |
| EOY | 161073 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5510642 | BOY |
| EOY | 9105138 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 859117 | BOY |
| EOY | 177630 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 859799 | BOY |
| EOY | 889333 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 569560 | BOY |
| EOY | 335048 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 64626772 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 24218968 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39283122 | BOY |
| EOY | 40407804 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10290759 | BOY |
| EOY | 9865323 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 639197 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58409947 | BOY |
| EOY | 60941349 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 804238 | BOY |
| EOY | 1475902 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 874733 | BOY |
| EOY | 731369 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13384550 | BOY |
| EOY | 11799268 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183346 | BOY |
| EOY | 798518 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15246867 | BOY |
| EOY | 14805057 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33093256 | BOY |
| EOY | 35871975 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2982946 | BOY |
| EOY | 3057604 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7086878 | BOY |
| EOY | 7206713 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43163080 | BOY |
| EOY | 46136292 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58409947 | BOY |
| EOY | 60941349 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3687953 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -714741 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10146915 | BeginningOfYearBalance |
| Contributions | 112835 | Contributions |
| Investment Earnings Or Losses | 85126 | InvestmentEarningsOrLosses |
| Other Expenditures | 349028 | OtherExpenditures |
| Administrative Expenses | 491481 | AdministrativeExpenses |
| End Of Year Balance | 9504367 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8498914 | BeginningOfYearBalance |
| Contributions | 270680 | Contributions |
| Investment Earnings Or Losses | 1667559 | InvestmentEarningsOrLosses |
| Administrative Expenses | 290238 | AdministrativeExpenses |
| End Of Year Balance | 10146915 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6626188 | BeginningOfYearBalance |
| Contributions | 1704293 | Contributions |
| Investment Earnings Or Losses | 485049 | InvestmentEarningsOrLosses |
| Administrative Expenses | 316616 | AdministrativeExpenses |
| End Of Year Balance | 8498914 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8613756 | BeginningOfYearBalance |
| Contributions | 249885 | Contributions |
| Investment Earnings Or Losses | 106031 | InvestmentEarningsOrLosses |
| Other Expenditures | 2056079 | OtherExpenditures |
| Administrative Expenses | 287405 | AdministrativeExpenses |
| End Of Year Balance | 6626188 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.75800 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.24200 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2958062 | OtherCostOrOtherBasis |
| Book Value | 2958062 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 50924283 | OtherCostOrOtherBasis |
| Depreciation | 15190726 | Depreciation |
| Book Value | 35733557 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10744427 | OtherCostOrOtherBasis |
| Depreciation | 9028242 | Depreciation |
| Book Value | 1716185 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 40407804 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE OBLIGATION | $389,789 |
| CONDITIONAL ASSET RETIREMENT | $191,678 |
| ACCRUED RETIREMENT BENEFIT OBLIGATION | $217,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 798518 | TotalOfAmounts |
| Total Revenue | 58526697 | TotalRevenue |
| Total Expenses | 54838744 | TotalExpenses |
| Excess Or Deficit For Year | 3687953 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -349028 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | -365713 | PriorPeriodAdjustments |
| Total Adjustments | -714741 | TotalAdjustments |
| Excess Or Deficit Per FS | 2973212 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 44611141 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -349028 | NetUnrealizedGainsInvestments |
| Other Revenues | -13813909 | OtherRevenues |
| Revenue Not Rptd F990 | -14162937 | RevenueNotRptdF990 |
| Revenue Subtotal | 58774078 | RevenueSubtotal |
| Other Revenues Not Included | -247381 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -247381 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 58526697 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 41272216 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 247381 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 247381 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41024835 | ExpensesSubtotal |
| Other Expenses Not Included | 13813909 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 13813909 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 54838744 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2012 AND 2011. THE COLLEGE'S U.S. FEDERAL AND STATE FILINGS PRIOR TO FISCAL YEAR 2009 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2012 AND 2011. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCES NETTED IN STUDENT TUITION ON F/S -13,813,909. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | NETTED RENTAL EXPENSE -212,061. NETTED EVENT EXPENSES -35,320. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | NETTED RENTAL EXPENSES 212,061. NETTED EVENT EXPENSES 35,320. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCES NETTED IN STUDENT TUITION ON F/S 13,813,909. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | DURING THE REGISTRATION PERIOD, THE NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE COURSE OFFERING CATALOG (PAGE 2) WHICH IS GIVEN TO EVERY STUDENT. WHEN RECRUITING STUDENTS THROUGH THE MAIL, ALL SOLICITATION MATERIALS ALWAYS CONTAIN THE NONDISCRIMINATORY POLICY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | SEE SCHEDULE B FOR DETAIL OF GOVERNMENT AGENCY ASSISTANCE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADVANCE FUNDRAISING PROFESSIONALS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1 |
| City | BLOOMFIELD | City |
| State | NJ | State |
| ZIP Code | 07003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | TELEPHONE FUNDRAISING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 73782 | GrossReceipts |
| Amount Retained By Contractor | 65567 | AmountRetainedByContractor |
| Net To Organization | 8215 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 73782 | TotalGrossReceipts |
| Total Retained By Contractors | 65567 | TotalRetainedByContractors |
| Total Net To Organization | 8215 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 43830 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 31900 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 11930 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 35320 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 43830 | GrossReceiptsTotal |
| Charitable Contributions Total | 31900 | CharitableContributionsTotal |
| Gross Revenue Total Events | 11930 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 35320 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 35320 | DirectExpenseSummaryEvents |
| Net Income Summary | -23390 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 1874 | NumberOfRecipients |
| Amount Of Cash Grant | 13282165 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION ISSUES GRANTS TO QUALIFIED INDIVIDUALS. THE GRANT FUNDS ARE THEN USED DIRECTLY AGAINST THE STUDENTS ACCOUNT AS PAYMENT TOWARDS THEIR COLLEGE EDUCATION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN G CROSS | |||||||||||||
| 177427 | 0 | 0 | 0 | 0 | 0 | 18488 | 0 | 22992 | 0 | 218907 | 0 | 91140 | 0 |
| KWI BRENNAN | |||||||||||||
| 165336 | 0 | 0 | 0 | 0 | 0 | 16740 | 0 | 10593 | 0 | 192669 | 0 | 82524 | 0 |
| MARION TERENZIO | |||||||||||||
| 148559 | 0 | 0 | 0 | 0 | 0 | 15154 | 0 | 12100 | 0 | 175813 | 0 | 74700 | 0 |
| PATRICK LAMY | |||||||||||||
| 137729 | 0 | 0 | 0 | 0 | 0 | 13788 | 0 | 2787 | 0 | 154304 | 0 | 0 | 0 |
| PETER JEONG | |||||||||||||
| 324990 | 0 | 0 | 0 | 0 | 0 | 33228 | 0 | 31455 | 0 | 389673 | 0 | 162276 | 0 |
| RICHARD LEVAO | |||||||||||||
| 255862 | 0 | 75000 | 0 | 0 | 0 | 25772 | 0 | 37100 | 0 | 393734 | 0 | 127500 | 0 |
| WILLIAM MCDONALD | |||||||||||||
| 142488 | 0 | 0 | 0 | 0 | 0 | 14884 | 0 | 49944 | 0 | 207316 | 0 | 73368 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | THE ORGANIZATION PROVIDES HOUSING AND HEALTH/SOCIAL CLUB DUES FOR THE PRESIDENT | |
| PART I, LINE 7 | FOR THE CALENDAR YEAR 2011, PRESIDENT RICHARD LEVAO RECEIVED A BONUS. INCLUDED ON SCHEDULE J, PART II LINE 6 COLUMN B (II) IS THE $75,000 BONUS. THIS AMOUNT WAS APPROVED BY THE BOARD AND IS INCLUDED IN HIS 2011 FORM W-2. | |
| PART III | PATRICK LAMY WAS NOT INCLUDED ON PRIOR YEARS SCHEUDLE J, THEREFORE PER IRS INSTRUCTIONS, NO AMOUNT IS LISTED IN COLUMN F | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RECLASSIFICATION | FORM 990, PART I | DURING THE 2012 AUDIT, CERTAIN AMOUNTS IN THE 2011 FINANCIAL STATEMENTS HAVE BEEN RECLASSIFIED TO CONFORM TO THE 2012 PRESENTATION. THE NET EFFECT OF THESE CHANGES WAS -365,713, WHICH IS INCLUDED ON PART XI OF FORM 990 AS A PRIOR PERIOD ADJUSTMENT. PLEASE BE ADVISED THAT FOR COMAPRABILITY, THE PRIOR YEAR AMOUNTS SHOWN ON FORM 990, PART I HAVE NOT BEEN CHANGED. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE VICE PRESIDENT OF FINANCE WILL REVIEW FORM 990 WITH THE BOARD OF TRUSTEES BEFORE IT IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES MEETS ANNUALLY TO DISCUSS COMPENSATION AND COMPARABLE DATA. THE PRESIDENT AND VICE PRESIDENT OF FINANCE ARE RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THOSE COMPENSATION AMOUNTS ARE THEN REVIEWED WITH THE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART VII | IN LAST WEEK OF JUNE, 2012, JOHN CROSS LEFT HIS POSITION AS VP OF FINANCE, AND WAS REPLACED BY HOWARD C. BUXBAUM. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -349,028. PRIOR PERIOD ADJUSTMENTS: -365,713. TOTAL TO FORM 990, PART XI, LINE 5: -714,741. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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