PUTNEY SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PUTNEY SCHOOL INC (EIN 03-0179305)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-10
- IRS object ID
- 201341309349300729
- 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 F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-10T10:43:18-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020354851 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELANSON HEATH & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 102 PERIMETER ROAD | AddressLine1 |
| City | NASHUA | City |
| State | NH | State |
| ZIP Code | 03063 | 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 | 030179305 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUTNEY SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PUTN | NameControl |
| Phone | 8023876215 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ELM LEA FARM | AddressLine1 |
| City | PUTNEY | City |
| State | VT | State |
| ZIP Code | 053468675 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RANDALL D SMITH | Name |
| Title | CFO | Title |
| Phone | 8023876245 | Phone |
| Date Signed | 2013-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHERYL L STEPHENS-BURKE CPA | Name |
| PTIN | P00085224 | PTIN |
| Phone | 6038821111 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TONIA WHEELER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ELM LEA FARM | AddressLine1 |
| City | PUTNEY | City |
| State | VT | State |
| ZIP Code | 053468675 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 17918524 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PUTNEYSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1935 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | INDEPENDENT, COEDUCATIONAL BOARDING AND DAY SECONDARY SCHOOL | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 256 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1001816 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1484448 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9819424 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10341852 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 679407 | InvestmentIncomePriorYear |
| Investment Income Current Year | 651198 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 62878 | OtherRevenuePriorYear |
| Other Revenue Current Year | 83019 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 11563525 | TotalRevenuePriorYear |
| Total Revenue Current Year | 12560517 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2573710 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2627030 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5456966 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5642664 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 572175 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4022371 | OtherExpensePriorYear |
| Other Expenses Current Year | 4048218 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12053047 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12317912 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -489522 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 242605 | RevenuesLessExpensesCY |
| Total Assets BOY | 37911435 | TotalAssetsBOY |
| Total Assets EOY | 36654578 | TotalAssetsEOY |
| Total Liabilities BOY | 4026333 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3919079 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 33885102 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 32735499 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE ORGANIZATION IS COMMITTED TO DEVELOPING EACH STUDENT'S FULL INTELLECTUAL, ARTISTIC AND PHYSICAL POTENTIAL. STUDENTS ARE ENCOURAGED TO CHALLENGE THEMSELVES INTELLECTUALLY, TO PURSUE RIGOROUS LEARNING FOR ITS OWN SAKE, TO ACTIVELY PARTICIPATE IN AND APPRECIATE THE ARTS, TO CONTRIBUTE MEANINGFULLY TO THE WORK PROGRAM THAT SUSTAINS THE SCHOOL COMMUNITY AND THE FARM ON WHICH IT IS LOCATED, TO ENGAGE IN VIGOROUS ATHLETICS, AND TO DEVELOP A SOCIAL CONSCIOUSNESS AND WORLD VIEW THAT WILL PROVIDE THE FOUNDATION FOR LIFE-LONG MORAL AND INTELLECTUAL GROWTH. (ADOPTED 06/08/97) | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 8933674 | Expense |
| Grants | 2627030 | Grants |
| Revenue | 10236498 | Revenue |
| Description | THE PUTNEY SCHOOL PROVIDES AN EDUCATIONAL PROGRAM FOR APPROXIMATELY 225 HIGH SCHOOL STUDENTS IN A COEDUCATIONAL BOARDING SCHOOL SETTING. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 173694 | Expense |
| Revenue | 105354 | Revenue |
| Description | FARM AND LAND USE PROGRAM CURRENTLY INVOLVES OVER SIXTY STUDENTS. THE STUDENTS ARE ENGAGED IN ALL ASPECTS OF THE DIVERSIFIED FARM, INCLUDING MILKING AND CARING FOR DAIRY CATTLE, FORAGE CROP PRODUCTION, GARDENING, OTHER LIVESTOCK CARE, SUGARING AND FIRE WOOD PROCESSING. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9107368 | 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 | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | 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 | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | 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 | 1 | 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 | 49 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 256 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | VT | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDALL D SMITH CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8023876245 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PUTNEY SCHOOL ELM LEA FARM | AddressLine1 |
| City | PUTNEY | City |
| State | VT | State |
| ZIP Code | 05346 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| JOAN FARR | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LAKSHMAN ACHUTHAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| WILFREDO BENITEZ | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JILL CARR | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TIM DALY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LYSSA JACKSON | ||||||
| STUDENT TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PEGGY KING JORDE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM NEW | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| FRANZ PAASCHE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MARGARET JEMMISON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM KELLET | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MARNI ROSNER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ANNE STEPHENS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JAMES THOMPSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| FREDDY FRIEDMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| IRA WENDER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHAVA LANSKY | ||||||
| STUDENT TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KEVIN FEAL-STAUB | ||||||
| EMPLOYEE TRUSTEE | 1.00 | X | 43100 | 0 | 8389 | |
| JOSHUA LAUGHLIN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JANINE HAMILTON | ||||||
| EMPLOYEE TRUSTEE | 1.00 | X | 38960 | 0 | 8186 | |
| DANA HOKIN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TONIA WHEELER | ||||||
| BOARD CHAIR | 1.00 | X | 0 | 0 | 0 | |
| CHRIS LEHMANN-HAUPT | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EMILY JONES | ||||||
| HEAD OF SCHOOL | 40.00 | 135576 | 0 | 14935 | X | |
| RANDALL SMITH | ||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 79462 | 0 | 13766 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 297098 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 45276 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | 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 | FITZ VOGT & ASSOCIATES LTD | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 415512 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 022415512 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | DINING HALL SERVICE | DescriptionOfServices |
| Compensation | 732190 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 1484448 | AllOtherContributions |
| Total Contributions | 1484448 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 10236498 | 10236498 |
| FARM INCOME | 900099 | 105354 | 105354 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10341852 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 433673 | TotalRevenueColumn |
| Exclusion | $433,673 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5575532 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5358007 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 217525 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 217525 | TotalRevenueColumn |
| Exclusion | $217,525 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| OTHER REVENUE | 611710 | 48949 | $48,949 |
| BOOKSTORE | 611710 | 25511 | $25,511 |
| APPLICATION FEE REVENU | 611710 | 8559 | $8,559 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 83019 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12560517 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10341852 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $734,217 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2627030 | Total |
| Program Services | 2627030 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 305913 | Total |
| Management And General | 305913 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4189925 | Total |
| Program Services | 3292776 | ProgramServices |
| Management And General | 533136 | ManagementAndGeneral |
| Fundraising | 364013 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247224 | Total |
| Program Services | 188071 | ProgramServices |
| Management And General | 38842 | ManagementAndGeneral |
| Fundraising | 20311 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 492414 | Total |
| Program Services | 399541 | ProgramServices |
| Management And General | 60902 | ManagementAndGeneral |
| Fundraising | 31971 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 407188 | Total |
| Program Services | 322986 | ProgramServices |
| Management And General | 55525 | ManagementAndGeneral |
| Fundraising | 28677 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36172 | Total |
| Management And General | 36172 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20807 | Total |
| Management And General | 20807 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10376 | Total |
| Management And General | 10376 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 437 | Total |
| Management And General | 437 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88795 | Total |
| Program Services | 13693 | ProgramServices |
| Management And General | 60444 | ManagementAndGeneral |
| Fundraising | 14658 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77911 | Total |
| Program Services | 64375 | ProgramServices |
| Management And General | 13536 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 897801 | Total |
| Program Services | 897801 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53708 | Total |
| Program Services | 325 | ProgramServices |
| Management And General | 36182 | ManagementAndGeneral |
| Fundraising | 17201 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10675 | Total |
| Program Services | 8044 | ProgramServices |
| Management And General | 2631 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58874 | Total |
| Program Services | 58874 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 961073 | Total |
| Management And General | 961073 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155459 | Total |
| Management And General | 155459 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| RESIDENTIAL EXPENSES | 566370 | 566370 | |
| INSTRUCTIONAL EXPENSES | 352031 | 352031 | |
| LEADERSHIP AND BUSINESS | 312814 | 312814 | |
| LAND USE EXPENSES | 173694 | 173694 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 271221 | Total |
| Program Services | 141757 | ProgramServices |
| Management And General | 34120 | ManagementAndGeneral |
| Fundraising | 95344 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12317912 | Total |
| Program Services | 9107368 | ProgramServices |
| Management And General | 2638369 | ManagementAndGeneral |
| Fundraising | 572175 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4732556 | BOY |
| EOY | 3885612 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93758 | BOY |
| EOY | 176700 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36646 | BOY |
| EOY | 21793 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120355 | BOY |
| EOY | 129137 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 29811920 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12255053 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17796189 | BOY |
| EOY | 17556867 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15053827 | BOY |
| EOY | 14800704 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78104 | BOY |
| EOY | 83765 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37911435 | BOY |
| EOY | 36654578 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 445868 | BOY |
| EOY | 695791 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2053610 | BOY |
| EOY | 1728008 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1496997 | BOY |
| EOY | 1461182 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29858 | BOY |
| EOY | 34098 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4026333 | BOY |
| EOY | 3919079 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21113217 | BOY |
| EOY | 20273779 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3577833 | BOY |
| EOY | 3141140 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9194052 | BOY |
| EOY | 9320580 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33885102 | BOY |
| EOY | 32735499 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37911435 | BOY |
| EOY | 36654578 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 242605 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1392208 | 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 | 0 | FederalGrantAuditRequired |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17004111 | BeginningOfYearBalance |
| Contributions | 614167 | Contributions |
| Investment Earnings Or Losses | -233239 | InvestmentEarningsOrLosses |
| Other Expenditures | 799119 | OtherExpenditures |
| End Of Year Balance | 16585920 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15079950 | BeginningOfYearBalance |
| Contributions | 218195 | Contributions |
| Investment Earnings Or Losses | 2488666 | InvestmentEarningsOrLosses |
| Other Expenditures | 782700 | OtherExpenditures |
| End Of Year Balance | 17004111 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19308326 | BeginningOfYearBalance |
| Contributions | 931039 | Contributions |
| Investment Earnings Or Losses | 1054830 | InvestmentEarningsOrLosses |
| Other Expenditures | 6297832 | OtherExpenditures |
| End Of Year Balance | 14996363 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24716848 | BeginningOfYearBalance |
| Contributions | 722413 | Contributions |
| Investment Earnings Or Losses | -2087253 | InvestmentEarningsOrLosses |
| Other Expenditures | 4043682 | OtherExpenditures |
| End Of Year Balance | 19308326 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.25000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.56000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.19000 | 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 | 93652 | OtherCostOrOtherBasis |
| Book Value | 93652 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26659368 | OtherCostOrOtherBasis |
| Depreciation | 9397859 | Depreciation |
| Book Value | 17261509 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3007224 | OtherCostOrOtherBasis |
| Depreciation | 2857194 | Depreciation |
| Book Value | 150030 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 51676 | OtherCostOrOtherBasis |
| Book Value | 51676 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 17556867 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER LIABILITIES | Description |
| Amount | $34,098 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 34098 | TotalOfAmounts |
| Total Revenue | 12560517 | TotalRevenue |
| Total Expenses | 12317912 | TotalExpenses |
| Excess Or Deficit For Year | 242605 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -863767 | NetUnrealizedGLOnInvestments |
| Other | -$528,441 | OtherAmount |
| Total Adjustments | -1392208 | TotalAdjustments |
| Excess Or Deficit Per FS | -1149603 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9094626 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -863767 | NetUnrealizedGainsInvestments |
| Other Revenues | 24907 | OtherRevenues |
| Revenue Not Rptd F990 | -838860 | RevenueNotRptdF990 |
| Revenue Subtotal | 9933486 | RevenueSubtotal |
| Other Revenues Not Included | 2627031 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2627031 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 12560517 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9715788 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 24907 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 24907 | ExpensesNotRptdF990 |
| Expenses Subtotal | 9690881 | ExpensesSubtotal |
| Other Expenses Not Included | 2627031 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2627031 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12317912 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | COLLECTIONS: THE SCHOOL'S COLLECTION IS COMPRISED OF VARIOUS ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. THE SCHOOL IS CURRENTLY IN THE PROCESS OF CATALOGING EACH PIECE. EACH ITEM IS CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION, ARE PERFORMED REGULARLY. THE SCHOOL HAS NOT ADOPTED A POLICY TO CAPITALIZE ITS COLLECTIONS; THEREFORE, IN ACCORDANCE WITH FASB 116, CONTRIBUTIONS OF ARTWORK ARE NOT RECOGNIZED IN REVENUE. IN THE EVENT OF THE SALE OF CONTIBUTED ARTWORK, THE SCHOOL RECOGNIZES THE PROCEEDS AND INCREASES THE APPROPRIATE CLASS OF NET ASSETS. | |
| PART X: | THE PUTNEY SCHOOL, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE SCHOOL HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS. THE SCHOOL FOLLOWS FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 DID NOT HAVE A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) FOR FISCAL YEARS 2011, 2010, AND 2009 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE SCHOOL RECOGNIZES INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES THAT ARE INCLUDED WITHIN REPORTED EXPENSES. DURING THE YEAR ENDED JUNE 30, 2011, THE SCHOOL HAD NO INTEREST OR PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| ACCRUAL FOR EARLY RETIREMENT -528,441. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| BAD DEBT EXPENSE 24,907. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| TUITION REDUCED BY FINANCIAL AID 2,627,030. ROUNDING ADJUSTMENT 1. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| BAD DEBT EXPENSE 24,907. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID REDUCTIONS AGAINST TUITION 2,627,030. ROUNDING ADJUSTMENT 1. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
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 | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | THE POLICY IS STATED IN LITERATURE AND BROCHURES PROVIDED TO ALL CURRENT AND POTENTIAL STUDENTS. IT IS ALSO PUBLISHED IN LOCAL NEWSPAPERS AND ON THE SCHOOL'S WEBSITE. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintained |
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 0 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 0 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (6 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|
| FINANCIAL AID GIVEN BY THE ORGANIZATION TO FOREIGN STUDENTS ATTENDING THE SCHOOL. | CANADA | 1 | 30000 | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | FMV |
| FINANCIAL AID GIVEN BY THE ORGANIZATION TO FOREIGN STUDENTS ATTENDING THE SCHOOL. | ITALY | 1 | 38900 | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | FMV |
| FINANCIAL AID GIVEN BY THE ORGANIZATION TO FOREIGN STUDENTS ATTENDING THE SCHOOL. | NIGERIA | 1 | 45300 | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | FMV |
| FINANCIAL AID GIVEN BY THE ORGANIZATION TO FOREIGN STUDENTS ATTENDING THE SCHOOL. | REPUBLIC OF RWANDA | 1 | 29400 | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | FMV |
| FINANCIAL AID GIVEN BY THE ORGANIZATION TO FOREIGN STUDENTS ATTENDING THE SCHOOL. | TAIWAN | 1 | 15000 | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | FMV |
| FINANCIAL AID GIVEN BY THE ORGANIZATION TO FOREIGN STUDENTS ATTENDING THE SCHOOL. | UNITED KINGDOM | 1 | 10000 | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID GIVEN BY THE ORGANIZATION TO STUDENTS ATTENDING THE SCHOOL. | TypeOfGrant |
| Number Of Recipients | 88 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 2431250 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | REDUCTION IN TUITION FOR STUDENTS WHO QUALIFY FOR FINANCIAL AID. | DescriptionOfNonCashAssistance |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | EMILY JONES | NamePerson |
| Base Compensation Filing Org | 135576 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 510 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 14425 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 150511 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 54729 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MARNI ROSNER IS NOT INDEPENDENT BECAUSE SHE OWNS LAND THAT THE SCHOOL USES AND PAYS THE PROPERTY TAXES ON. EMILY JONES IS THE HEAD OF SCHOOL AND IS THEREFORE NOT INDEPENDENT. KEVIN FEAL-STAUB AND JANINE HAMILTON ARE FACULTY TRUSTEES AND ARE THEREFORE NOT INDEPENDENT. LYSSA JACKSON AND CHAVA LANSKY ARE STUDENT REPRESENTATIVES AND ARE THEREFORE NOT INDEPENDENT. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CONTROLLER AND IS THEN PRESENTED TO THE AUDIT, FINANCE AND EXECUTIVE COMMITTEES FOR APPROVAL BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REVIEWS THE POLICY EACH YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE DIRECTOR'S SALARY IS DETERMINED AND APPROVED BY THE EXECUTIVE AND AUDIT COMMITTEES OF THE BOARD AND IS AVAILABLE FOR REVIEW BY ANY SCHOOL BOARD MEMBER. EXECUTIVE COMPENSATION FOR ALL EMPLOYEES, OTHER THEN THE DIRECTOR, IS SET BY SCHOOL MANANGEMENT. MANAGEMENT INCREASES ARE TIED TO STAFF AND FACULTY INCREASES. FACULTY AND STAFF INCREASES ARE SET AT A PERCENTAGE EACH YEAR BY THE BOARD. THERE IS ALSO A SCALE ASSOCIATED WITH TIME SERVED FOR FACULTY. TO SET SALARIES, A COMPARISON IS DONE BETWEEN SIMILAR POSITIONS AT SCHOOLS IN THE INDEPENDENT SCHOOL ASSOCIATION OF NORTHERN NEW ENGLAND (ISANNE). OUR GOAL IS TO HAVE MANAGEMENT AT OR NEAR THE MEDIAN OF THEIR PEER GROUP. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -863,767. ACCRUAL FOR EARLY RETIREMENT -528,441. TOTAL TO FORM 990, PART XI, LINE 5: -1,392,208. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT HAS OVERSIGHT OF THE AUDIT THAT IS PERFORMED EACH YEAR. THIS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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