PARK CENTURY SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PARK CENTURY SCHOOL (EIN 95-2539719)
- Tax period
- 2010-09-01 to 2011-08-31
- Filed
- 2012-07-02
- IRS object ID
- 201211849349300241
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-02T20:02:18-05:00 | Timestamp |
| Tax Period End Date | 2011-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STANISLAWSKI & HARRISON CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 N LAKE AVE SUITE 900 | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952539719 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK CENTURY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PARK | NameControl |
| Phone | 3108400500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3939 LANDMARK ST | AddressLine1 |
| City | CULVER CITY | City |
| State | CA | State |
| ZIP Code | 90232 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EDWARD VICTOR | Name |
| Title | BOARD TREASURER | Title |
| Phone | 3108400500 | Phone |
| Date Signed | 2012-06-28 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALAN HARRISON | Name |
| Phone | 6267933600 | Phone |
| Date Prepared | 2012-06-28 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BESS ARMSTRONG FIEDLER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3939 LANDMARK ST | AddressLine1 |
| City | CULVER CITY | City |
| State | CA | State |
| ZIP Code | 90232 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6416331 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PARKCENTURYSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1968 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO MEET THE EDUCATIONAL, EMOTIONAL AND SOCIAL NEEDS OF LEARNING DISABLED STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 64 | TotalNbrEmployees |
| Total Nbr Volunteers | 10 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 570838 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1236139 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4290668 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4742629 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 41149 | InvestmentIncomePriorYear |
| Investment Income Current Year | 37927 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 124072 | OtherRevenuePriorYear |
| Other Revenue Current Year | 310029 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5026727 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6326724 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 226500 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 205200 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3377018 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3752504 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 4843 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 146991 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2586219 | OtherExpensePriorYear |
| Other Expenses Current Year | 2412827 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6194580 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6370531 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1167853 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -43807 | RevenuesLessExpensesCY |
| Total Assets BOY | 24644107 | TotalAssetsBOY |
| Total Assets EOY | 24632161 | TotalAssetsEOY |
| Total Liabilities BOY | 14794286 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14710825 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9849821 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9921336 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PARK CENTURY SCHOOL WAS FOUNDED IN 1968 AS AN INDEPENDENT, NOT-FOR-PROFIT, COEDUCATIONAL DAY SCHOOL TO MEET THE NEEDS OF CHILDREN WITH LEARNING DISABILITIES. IT SERVES A DIVERSITY OF STUDENTS, AGES 7 TO 14, OF AVERAGE TO SUPERIOR INTELLECTUAL POTENTIAL, IN AN OPTIMAL EDUCATIONAL ENVIRONMENT, WHILE PROVIDING A DEVELOPMENTAL AND THERAPEUTIC SUPPORT SYSTEM FOR THE WHOLE CHILD. THE GUIDING PHILOSOPHY OF PARK CENTURY SCHOOL IS BASED ON THE CONVICTION THAT LEARNING DISABILITIES ARE LIFE-LONG CHALLENGES THAT AFFECT THE TOTAL EXISTENCE OF A CHILD AND FAMILY. ALL CHILDREN WITH LEARNING DISABILITIES NEED EDUCATIONAL, EMOTIONAL, AND SOCIAL ASSISTANCE. MANY ALSO MUST HAVE HELP WITH ATTENTION, ORGANIZATION, MEMORY, LANGUAGE, AND PERCEPTUAL-MOTOR FUNCTION. SIMULTANEOUSLY, THEIR FAMILIES MAY BE OVERWHELMED AND EXHAUSTED BY PSYCHOLOGICAL STRESS, ECONOMIC BURDENS, AND CONFUSION ABOUT THE FUTURE. THESE CONDITIONS REQUIRE A BROAD SPECTRUM OF THERAPEUTIC AND EDUCATIONAL INTERVENTIONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4058648 | Expense |
| Grants | 205200 | Grants |
| Revenue | 4742629 | Revenue |
| Description | THE PARK CENTURY ACADEMIC PROGRAM IS TAUGHT IN ONE-TO-ONE TUTORIAL SESSIONS AND IN SMALL, UNGRADED CLASSROOMS. ONE-TO-ONE INSTRUCTION IN READING AND MATHEMATICS IS PROVIDED. SUBJECT AREAS SUCH AS SOCIAL STUDIES AND SCIENCE ARE PRESENTED WITHIN SMALL GROUPS. WRITTEN AND ORAL EXPRESSION ARE TAUGHT INDIVIDUALLY. INTEGRAL PARTS OF THE PROGRAM ARE COMPUTER AND STUDY SKILLS, PHYSICAL EDUCATION AND PERCEPTUAL MOTOR SKILLS, ARTS AND ENRICHMENT, AND, IF NECESSARY, SPEECH AND LANGUAGE THERAPY.STUDENTS ARE HELPED TO DEVELOP A POSITIVE SELF IMAGE, SET REALISTIC GOALS AND LEARN SKILLS AND STRATEGIES NECESSARY TO RETURN TO A TRADITIONAL SCHOOL. PARENT EDUCATION AND PARTICIPATION WITHIN A TEAM APPROACH ARE ESSENTIAL TO EACH STUDENT'S INTELLECTUAL, EMOTIONAL, SOCIAL AND MORAL DEVELOPMENT.THE SCHOOL IS CERTIFIED BY THE STATE OF CALIFORNIA AND A MEMBER OF THE CALIFORNIA ASSOCIATION OF PRIVATE SPECIAL EDUCATION SCHOOLS. | Description |
| Total Program Service Expense | 4058648 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | 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 | 0 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 1 | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 64 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| 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 | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | 0 | 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 | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREDERICK LANDAU | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3108400500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3939 LANDMARK ST | AddressLine1 |
| City | CULVER CITY | City |
| State | CA | State |
| ZIP Code | 90232 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| MICHAEL BRYANT MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DEBBIE CHERNOFF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SHEILA COHN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SARAH EMANUEL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BESS ARMSTRONG FIEDLER | |||||||
| PRESIDENT/BOARD CHAIR | 1.00 | X | 0 | 0 | 0 | X | |
| FLAXIE R FLETCHER MD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| HELEN HARTUNG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PAUL JENNINGS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RABBI STEVEN Z LEDER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TIM MASON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SANDRA RABINS MATHERN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PATRICIA M MCDONOUGH PHD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY MIRKIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD NEWMAN JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KENNETH H SALKIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JERRY M SIMMONS ESQ | |||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X | |
| PHYLLIS G THOMAS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEPHEN THOMAS ESQ | |||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | |
| RAE SANCHINI TOBEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EDWARD G VICTOR ESQ | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X | |
| GENNY SHAIN | |||||||
| CO-DIRECTOR | 40.00 | 84015 | 0 | 68813 | X | ||
| GAIL SPINDLER | |||||||
| CO-DIRECTOR | 40.00 | 121007 | 0 | 47260 | X | ||
| FREDERICK LANDAU | |||||||
| BUSINESS MANAGER | 40.00 | 79376 | 0 | 18175 | X | ||
| NANCY BLEY | |||||||
| ACADEMIC COORDINATOR | 40.00 | 101362 | 0 | 70030 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 385760 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 204278 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 40400 | FundraisingEvents |
| All Other Contributions | 1195739 | AllOtherContributions |
| Total Contributions | 1236139 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 4742629 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4742629 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4742629 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37927 | TotalRevenueColumn |
| Exclusion | $37,927 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 258258 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 40400 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 89607 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 168651 | TotalRevenueColumn |
| Exclusion | $168,651 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 141378 | TotalRevenueColumn |
| Exclusion | $141,378 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 141378 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6326724 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4742629 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $347,956 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205200 | Total |
| Program Services | 205200 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 331356 | Total |
| Program Services | 125292 | ProgramServices |
| Management And General | 206064 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2521550 | Total |
| Program Services | 2026734 | ProgramServices |
| Management And General | 401974 | ManagementAndGeneral |
| Fundraising | 92842 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161866 | Total |
| Program Services | 96832 | ProgramServices |
| Management And General | 65034 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506380 | Total |
| Program Services | 394825 | ProgramServices |
| Management And General | 111555 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 231352 | Total |
| Program Services | 180385 | ProgramServices |
| Management And General | 50967 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22270 | Total |
| Management And General | 22270 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 355868 | Total |
| Program Services | 136128 | ProgramServices |
| Management And General | 219740 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4922 | Total |
| Management And General | 2461 | ManagementAndGeneral |
| Fundraising | 2461 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185505 | Total |
| Program Services | 154198 | ProgramServices |
| Management And General | 31307 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216643 | Total |
| Program Services | 55387 | ProgramServices |
| Management And General | 161256 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 417834 | Total |
| Management And General | 417834 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 708486 | Total |
| Program Services | 566789 | ProgramServices |
| Management And General | 141697 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54370 | Total |
| Program Services | 12075 | ProgramServices |
| Management And General | 42295 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|---|
| BOND COMMISSIONS & FEES | 144606 | 144606 | ||
| EXPANSION EXPENSE | 121211 | 60606 | 60605 | |
| BAD DEBT EXPENSE | 60797 | 60797 | ||
| FUNDRAISING EXPENSES | 43540 | 43540 | ||
| REPAIRS AND MAINTENANCE | 27350 | 5470 | 21880 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49425 | Total |
| Program Services | 22318 | ProgramServices |
| Management And General | 18959 | ManagementAndGeneral |
| Fundraising | 8148 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6370531 | Total |
| Program Services | 4058648 | ProgramServices |
| Management And General | 2164892 | ManagementAndGeneral |
| Fundraising | 146991 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300 | BOY |
| EOY | 300 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4629613 | BOY |
| EOY | 5695109 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1101928 | BOY |
| EOY | 492854 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77019 | BOY |
| EOY | 37633 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30384 | BOY |
| EOY | 84749 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 18737501 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1993274 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17389131 | BOY |
| EOY | 16744227 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 649832 | BOY |
| EOY | 799718 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 765900 | BOY |
| EOY | 777571 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24644107 | BOY |
| EOY | 24632161 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 258394 | BOY |
| EOY | 245003 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1973754 | BOY |
| EOY | 1966821 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10000000 | BOY |
| EOY | 10000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2562138 | BOY |
| EOY | 2499001 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14794286 | BOY |
| EOY | 14710825 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7960687 | BOY |
| EOY | 7980479 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1751314 | BOY |
| EOY | 1786537 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137820 | BOY |
| EOY | 154320 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9849821 | BOY |
| EOY | 9921336 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24644107 | BOY |
| EOY | 24632161 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -43807 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 115322 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 168425 | BeginningOfYearBalance |
| Contributions | 20000 | Contributions |
| Investment Earnings Or Losses | 2715 | InvestmentEarningsOrLosses |
| Other Expenditures | 8373 | OtherExpenditures |
| End Of Year Balance | 182767 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 165381 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 5044 | InvestmentEarningsOrLosses |
| Other Expenditures | 2000 | OtherExpenditures |
| End Of Year Balance | 168425 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 145524 | BeginningOfYearBalance |
| Contributions | 21300 | Contributions |
| Investment Earnings Or Losses | 1658 | InvestmentEarningsOrLosses |
| Other Expenditures | 3101 | OtherExpenditures |
| End Of Year Balance | 165381 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.84440 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.15560 | 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 | 4050000 | OtherCostOrOtherBasis |
| Book Value | 4050000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13654163 | OtherCostOrOtherBasis |
| Depreciation | 1365416 | Depreciation |
| Book Value | 12288747 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 792242 | OtherCostOrOtherBasis |
| Depreciation | 532064 | Depreciation |
| Book Value | 260178 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 241096 | OtherCostOrOtherBasis |
| Depreciation | 95794 | Depreciation |
| Book Value | 145302 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16744227 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION LIABILITY | $255,141 |
| INTEREST RATE SWAP | $2,243,860 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2499001 | TotalOfAmounts |
| Total Revenue | 6326724 | TotalRevenue |
| Total Expenses | 6370531 | TotalExpenses |
| Excess Or Deficit For Year | -43807 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 12897 | NetUnrealizedGLOnInvestments |
| Other | $102,425 | OtherAmount |
| Total Adjustments | 115322 | TotalAdjustments |
| Excess Or Deficit Per FS | 71515 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6224028 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 12897 | NetUnrealizedGainsInvestments |
| Other Revenues | -205200 | OtherRevenues |
| Revenue Not Rptd F990 | -192303 | RevenueNotRptdF990 |
| Revenue Subtotal | 6416331 | RevenueSubtotal |
| Other Revenues Not Included | -89607 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -89607 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6326724 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6254938 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 89607 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 89607 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6165331 | ExpensesSubtotal |
| Other Expenses Not Included | 205200 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 205200 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6370531 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | FACULTY DEVELOPMENT AND FINANCIAL AID. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUATION OF INTEREST RATE SWAP 102,425. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID -205,200. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE -89,607. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 89,607. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 205,200. |
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 | PARK CENTURY SCHOOL PUBLISHED ITS RACIALLY NON-DISCRIMINATORY POLICY IN NEWSPAPER MEDIA, IN ADDITION TO PRINTING IT ON BROCHURES, APPLICATIONS FORMS, AND SCHOLARSHIP APPLICATION FORMS GIVEN TO POTENTIAL NEW STUDENTS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING BENEFIT | NameOfEvent1 |
| Gross Receipts Event1 | 274743 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 40400 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 234343 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 77303 | OtherDirectExpensesEvent1 |
| Name Of Event2 | CARNIVAL | NameOfEvent2 |
| Gross Receipts Event2 | 23915 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 23915 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 12304 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 298658 | GrossReceiptsTotal |
| Charitable Contributions Total | 40400 | CharitableContributionsTotal |
| Gross Revenue Total Events | 258258 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 89607 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 89607 | DirectExpenseSummaryEvents |
| Net Income Summary | 168651 | 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 | FINANCIAL AID AWARDED TO ELIGIBLE STUDENTS | TypeOfGrant |
| Number Of Recipients | 7 | NumberOfRecipients |
| Amount Of Cash Grant | 205200 | 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: SCHOLARSHIPS ARE GRANTED TO STUDENTS BASED ON FINANCIAL NEED AS DETERMINED BY THE BOARD OF TRUSTEES' FINANCIAL AID COMMITTEE. SCHOLARSHIPS ARE AWARDED ON A RACIALLY NON-DISCRIMINATORY BASIS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GENNY SHAIN | |||||||||||||
| 84015 | 0 | 0 | 0 | 0 | 0 | 17500 | 0 | 51313 | 0 | 152828 | 0 | 0 | 0 |
| GAIL SPINDLER | |||||||||||||
| 121007 | 0 | 0 | 0 | 0 | 0 | 17500 | 0 | 29760 | 0 | 168267 | 0 | 0 | 0 |
| NANCY BLEY | |||||||||||||
| 101362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70030 | 0 | 171392 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521598225 | IssuerEIN |
| CUSIP Number | 1309115Y2 | CUSIPNumber |
| Date Issued | 2007-09-27 | DateIssued |
| Issue Price | 10000000 | IssuePrice |
| Description Of Purpose | SEE PART V | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 10000000 | TotalProceeds |
| Issuance Costs From Proceeds | 296615 | IssuanceCostsFromProceeds |
| Capital Expenditures | 9703385 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 24.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | REBECCA CHERNOFF | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | DAUGHTER OF TRUSTEE | Relationship |
| Amount Of Transaction | 44000 | AmountOfTransaction |
| Description Of Transaction | SALARY REBECCA CHERNOFF IS A SALARIED TEACHER AT THE SCHOOL AND THE DAUGHTER OF A TRUSTEE. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD TRUSTEES STEPHEN THOMAS AND PHYLLIS THOMAS ARE RELATED AS BROTHER-IN-LAW AND SISTER-IN-LAW. | |
| FORM 990, PART VI, SECTION A, LINE 4 | THE SCHOOL REVISED ITS BY-LAWS IN MAY 2011 TO MODIFY THE AUTHORITY AND COMPOSITION OF THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE SCHOOL'S FORM 990 WAS PREPARED BY PROFESSIONAL, INDEPENDENT ACCOUNTANTS. THE BOARD OF TRUSTEES DELEGATED THE REVIEW OF THE DRAFT FORM 990 TO THE AUDIT COMMITTEE, THE MEMBERSHIP OF WHICH INCLUDES NON-TRUSTEES WITH PROFESSIONAL EXPERTISE IN ACCOUNTING AND FEDERAL TAX LAW. BEFORE THE SCHOOL SUBMITTED THE FORM 990 TO THE IRS, THE AUDIT COMMITTEE REVIEWED THE DRAFT FORM 990 AND REPORTED TO THE BOARD OF TRUSTEES THAT THE AUDIT COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE DRAFT FORM 990 WAS COMPLETE, ACCURATE AND CORRECT. | |
| EACH OFFICER, TRUSTEE AND KEY EMPLOYEE IS ANNUALLY REQUIRED TO COMPLETE A QUESTIONNAIRE REGARDING ACTUAL AND POTENTIAL CONFLICTS OF INTEREST, AND THE COMMITTEE ON TRUSTEES OF THE BOARD REVIEWS THESE QUESTIONNAIRES. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE FORM 990 IS AVAILABLE UPON REQUEST AND ALSO AVAILABLE ON THE PUBLIC WEBSITE WWW.GUIDESTAR.ORG. THE SCHOOL IS EXEMPT FROM SUPPLYING ITS FORM 1023 TO ANYONE REQUESTING THIS DOCUMENT BECAUSE IT FILED ITS FORM 1023 BEFORE JULY 15, 1987 AND DID NOT RETAIN A COPY OF THE FORM. ACCORDING TO THE INSTRUCTIONS FROM THE IRS WEBSITE, AN ORGANIZATION THAT FILED ITS FORM 1023 APPLICATION BEFORE JULY 15, 1987, IS REQUIRED TO MAKE THE APPLICATION AVAILABLE ONLY IF IT HAD A COPY OF THE APPLICATION ON JULY 15, 1987. | FORM 990, PART VI, SECTION C, LINE 18 | |
| THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE COMPENSATION FOR KEY EMPLOYEES AND MANAGEMENT IS DETERMINED ANNUALLY BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES AS PART OF THE PREPARATION OF THE ANNUAL BUDGET. COMPARATIVE SALARY DATA IS OBTAINED BY MEMBERS OF THE COMMITTEE AND BOARD WHO CONTACT OTHER SCHOOLS AND PERFORM OTHER SURVEYS. THE COMPENSATION DECISIONS ARE DOCUMENTED IN THE FINANCE COMMITTEE MEETING MINUTES. THE SCHOOL IS IN THE PROCESS OF PROVIDING WRITTEN EMPLOYMENT CONTRACTS FOR ITS EXECUTIVES. | FORM 990, PART VI, SECTION B, LINE 15: | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 12,897. CHANGE IN VALUATION OF INTEREST RATE SWAP 102,425. TOTAL TO FORM 990, PART XI, LINE 5: 115,322. | FORM 990, PART XI, LINE 5: |
| FORM 990, PART XII, LINE 2C: THE SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. |
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