2012-03-29T12:56:38-05:00 2011-06-30 KEEFE MCCULLOUGH & CO LLP CPA'S 6550 N FEDERAL HIGHWAY SUITE 410 FT LAUDERDALE FL 33308 990 2010-07-01 591536502 THE BENJAMIN PRIVATE SCHOOL INC BENJ 5616263747 11000 ELLISON WILSON ROAD NORTH PALM BEACH FL 33408 FRANK J CAVALIERO JR 5616263747 2012-03-29 1 KENNETH G SMITH 9547710896 2010 2016-02-24 21:20:13Z FRANK J CAVALIERO JR 11000 ELLISON WILSON ROAD NORTH PALM BEACH FL 33408 23536942 0 X WWW.THEBENJAMINSCHOOL.ORG X 1960 FL THE MISSION OF THE BENJAMIN SCHOOL IS TO PROVIDE A CHALLENGING COLLEGE PREPATORY EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. THE SCHOOL MOTIVATES STUDENTS TO MASTER THE SKILLS OF LEARNING, COMMUNICATING , AND EVALUATING CHOICES, ENCOURAGES THEM TO GROW INTELLECTUALLY, SOCIALLY, MORALLY AND PHYSICALLY TO THEIR FULLEST POTENTIAL, AND DEVELOPS IN THEM A COHERENT SET OF VALUES THAT INCLUDES LOVE OF LEARNING, PERSONAL RESPONSIBILITY, SELF-MOTIVATION, CONCERN FOR OTHERS AND A DESIRE TO SERVE SOCIETY. 21 21 350 0 0 0 1127080 1160848 20751134 20498814 408561 426506 1364133 1450774 23650908 23536942 0 0 0 0 12679319 12408518 0 0 654972 9205590 9527485 21884909 21936003 1765999 1600939 59375911 64037479 35341975 36488383 24033936 27549096 X THE MISSION OF THE BENJAMIN SCHOOL IS TO PROVIDE A CHALLENGING COLLEGE PREPARATORY EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. THE SCHOOL MOTIVATES STUDENTS TO MASTER THE SKILLS OF LEARNING, COMMUNICATING AND EVALUATING CHOICES, AND ENCOURAGES THEM TO GROW INTELLECTUALLY, SOCIALLY, MORALLY, AESTHETICALLY, AND PHYSICALLY TO THEIR FULLEST INDIVIDUAL POTENTIAL. 0 0 8976554 20671231 STUDENTS WERE ENCOURAGED TO GROW TO THEIR FULLEST EDUCATION TO A DIVERSE STUDENT BODY IN A STRUCTURED, NURTURING COMMUNITY ENVIRONMENT. STUDENTS WERE MOTIVATED TO MASTER THE SKILLS OF LEARNING, COMMUNICATING, EVALUATING CHOICES, AND WERE ENCOURAGED TO GROW TO THEIR FULLEST POTENTIAL. 234485 254089 SUMMER CAMP CONSISTS OF A VARIETY OF ACTIVITIES TO PROVIDE STUDENTS WITH A FULLFILLING SUMMER VACATION. 9211039 1 1 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 350 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X FRANK J CAVALIERO JR 5616263747 11000 ELLISON WILSON RD NORTH PALM BEACH FL 33408 DANIEL STANTON 1.00 X 0 0 0 THOMAS C FRANKEL 1.00 X 0 0 0 JOSEPH W O'CONNOR 1.00 X 0 0 0 LINDA G REICHEL 1.00 X 0 0 0 CHARLES BARKER 1.00 X 0 0 0 MIRIAM ACOSTA-CASTRIZ 1.00 X 0 0 0 RAY CELEDINAS 1.00 X 0 0 0 ALAN J CIKLIN 1.00 X 0 0 0 MITCH DAVIDSON 1.00 X 0 0 0 JOHN W APPLEBY 1.00 X 0 0 0 RAY GRAZIOTTO 1.00 X 0 0 0 LIZET GUILDFORD 1.00 X 0 0 0 S TUCKER S JOHNSON 1.00 X 0 0 0 KENNETH F KAHN 1.00 X 0 0 0 LAURIE KAZILIONIS 1.00 X 0 0 0 DAVID G LAMBERT 1.00 X 0 0 0 GEORGIA HEARD O'BRIEN 1.00 X 0 0 0 SHEILA WAUGH 1.00 X 0 0 0 BRIAN K WAXMAN 1.00 X 0 0 0 JOSEPH J ZALUSKI 1.00 X 0 0 0 J GARY BURKHEAD 1.00 X 0 0 0 FRANK CAVALIERO 40.00 X 137580 0 0 ROBERT S GOLDBERG 40.00 X 286195 0 0 JOHN SELVIG 40.00 X 116943 0 0 KENDALL DIDSBURY 40.00 X 120639 0 0 CHARLES HAGY 40.00 X 111111 0 0 ROBIN QUAID 40.00 X 102844 0 0 875312 0 0 6 0 1 0 COASTAL BUILDING MAINTENANCE PO BOX 2153 DEPT 5180 BIRMINGHAM AL 35287 CLEANING 878473 FIELD OF DREAMS 7469 EDISTO DRIVE LAKE WORTH FL 33467 LANDSCAPING 544541 CELEDINAS INSURANCE GROUP 4283 NORTHLAKE BLVD PALM BEACH GARDENS FL 33410 INSURANCE 370753 MOBILE STUDIOS 751 PARK OF COMMERCE 116 BOCA RATON FL 33487 VIDEO PRODUCTION STUDIO 257746 KENT SECURITY PO BOX 619006 NORTH MIAMI FL 33181 SECURITY 233134 6 1160848 1160848 TUITION 611600 19601103 19601103 SUMMER CAMPS 611600 254089 254089 STUDENT ACTIVITY FEES 611600 102868 102868 APPLICATION FEES 611600 73518 73518 467236 467236 20498814 426506 426506 1450774 0 1450774 1450774 23536942 20925320 0 1450774 1064642 651752 412890 9581784 5865772 3716012 174685 108305 66380 856804 531218 325586 730603 452974 277629 45377 45377 42018 42018 30532 30532 436759 436759 81411 81411 15854 15854 715566 715566 1591967 1591967 579061 579061 MAINTENANCE/REPAIR 1693750 1693750 ADMINISTRATION EXPENSES 1429760 1429760 STUDENT ACTIVITES 800086 800086 SPECIAL EVENTS 654972 654972 UTILITES 579391 579391 830981 348319 482662 21936003 9211039 12069992 654972 10773878 12198026 992556 768266 395401 351843 404443 319819 47391652 13926085 34047757 33465567 11881147 16112226 878075 819078 2654 2654 59375911 64037479 1406624 1249808 10496794 12990892 20545000 19635000 657473 606965 2236084 2005718 35341975 36488383 X 21315515 24474405 2071129 2335699 647292 738992 24033936 27549096 59375911 64037479 X 1600939 1914221 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91700 738992 1 1 3542117 91700 516137 96567 4053387 3202567 64425 315174 40049 3542117 4042528 27046 -624143 242864 3202567 0.81770 0.18230 0 0 7029758 7029758 35083338 9819784 25263554 5278556 4106301 1172255 33465567 RATE SWAP AGREEMENT 1920072 CAPITAL LEASE OBLIGATIONS 85646 2005718 23536942 21936003 1600939 1914221 1914221 3515160 25451163 1761791 152430 1914221 23536942 0 23536942 21936003 0 21936003 0 21936003 PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN IN SWAP AGREEMENT 152,430. UNREALIZED GAIN FROM INVESTMENTS 1,761,791. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN IN SWAP AGREEMENT PART XIII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT PROVISION 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE SCHOOL CATALOG DISTRIBUTED TO ALL PROSPECTIVE STUDENTS, THE STUDENT HANDBOOK, AND IN LOCAL COUNTY NEWSPAPER. X X X 0 AUCTION 859057 859057 SPONSERSHIP 339879 339879 7 251838 251838 1450774 1450774 1450774 X X 0 0 0 0 0 0 0 0 0 ROBERT S GOLDBERG 234025 0 0 0 52170 0 0 0 0 0 286195 0 0 0 PALM BEACH COUNTY 591536502 2003-01-01 24500000 TO PROVIDE FUNDS FOR CAPITAL PROJECTS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PROVIDED TO THE VP OF THE INSTITUION WHERE IT IS REVIEWED BY THOSE WHO ARE RESPONSIBLE FOR FINANCIAL INFORMATION AND THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS EXAMINED AND ENFORCED THROUGH USE OF ANNUAL DISCLOSURES AS DETERMINED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES CREATED A COMPENSATION COMMITTEE MADE UP OF INDIVIDUALS WHO DO NOT HAVE ANY CONFLICT OF INTEREST TO REVIEW AND APPROVE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE COMPENSATION OF EACH PERSON IS REVIEWED AND APPROVED USING DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANZIATIONS.THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 AND RELATED IRS DOCUMENTS CAN BE FOUND AT WWW.GUIDESTAR.ORG 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 AT THE MAIN ADMINISTRATION OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED GAIN IN SWAP AGREEMENT 152,430. UNREALIZED GAIN FROM INVESTMENTS 1,761,791. TOTAL TO FORM 990, PART XI, LINE 5: 1,914,221. AUDIT - THE SCHOOL HAS AN ANNUAL AUDIT WHICH IS UNDER THE DIRECTION OF AN AUDIT COMMITTEE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THIS RETURN IS BEING FILED BETWEEN MARCH 1, 2012, AND MARCH 30, 2012, AS DIRECTED BY THE IRS IN NOTICE 2012-4, BECAUSE ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 29, 2012. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE TO THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN.