PRINCETON DAY SCHOOL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PRINCETON DAY SCHOOL INC (EIN 21-0727645)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-11
- IRS object ID
- 201221329349301567
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T12:00:23-00:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUPLEE CLOONEY AND COMPANY | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 308 EAST BROAD ST | AddressLine1 |
| City | WESTFIELD | City |
| State | NJ | State |
| ZIP Code | 07090 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 210727645 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Princeton Day School Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRIN | NameControl |
| Phone | 6099246700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 75 | AddressLine1 |
| City | Princeton | City |
| State | NJ | State |
| ZIP Code | 08542 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Dulany H Gibson | Name |
| Title | Assistant Head of School for Financ | Title |
| Date Signed | 2012-05-11 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert J Butvilla | Name |
| Phone | 9087899300 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul Stellato | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 75 | AddressLine1 |
| City | Princeton | City |
| State | NJ | State |
| ZIP Code | 08542 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 39418713 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.pds.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1965 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | The School strives to educate the mind, body, and character of each of its students. The School seeks to accomplish its mission through various programs including, but not limited to, classroom instruction, physical education, the arts, both visual and performing, and community service. The School strives to educate the mind, body, and character of each of its students. The School seeks to accomplish its mission through various programs including, but not limited to, classroom instruction, physical education, the arts, both visual and performing, and community service. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 453 | TotalNbrEmployees |
| Total Nbr Volunteers | 400 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1820927 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3090290 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 25751178 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 25783893 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4725204 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4940036 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 154605 | OtherRevenuePriorYear |
| Other Revenue Current Year | 199112 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 32451914 | TotalRevenuePriorYear |
| Total Revenue Current Year | 34013331 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5861940 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5672225 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 17492703 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 18371090 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 172 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 2615 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1065368 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6950939 | OtherExpensePriorYear |
| Other Expenses Current Year | 6009661 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 30305754 | TotalExpensesPriorYear |
| Total Expenses Current Year | 30055591 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2146160 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3957740 | RevenuesLessExpensesCY |
| Total Assets BOY | 100498777 | TotalAssetsBOY |
| Total Assets EOY | 107153810 | TotalAssetsEOY |
| Total Liabilities BOY | 28200028 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 27875628 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 72298749 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 79278182 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Princeton Day School nutures the mind, the body and the character of each student. In academics, athletics, the arts and service, we celebrate the pursuit of individual excellence and the spirit of collaboration that binds us together as a community. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 20921470 | Expense |
| Grants | 5672225 | Grants |
| Revenue | 24759223 | Revenue |
| Description | Instructional - Education of the students who attend the School. The Schools enrollment is 908 students that covers grades Pre-K through 12th. Expenses cover all areas of academic instruction necessary for the School to educate its students and accomplish its mission. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1279401 | Expense |
| Description | Athletics - Physical development and education of the students at the School. This includes physical education classes and health education classes. Team and individual sports are coordinated through this department, giving students an opportunity to learn and compete in various sports including football middle school only, baseball, softball, lacrosse, basketball, soccer, field hockey, fencing, golf, volleyball, track and field middle school only, ice hockey, tennis, cross country and squash. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1241426 | Expense |
| Revenue | 1207000 | Revenue |
| Description | Auxilliary Activities - programs to supplement the daily academic programs of the School with various activities. These include after school courses covering various academic and educational enrichment programs, summer program offerings of an academic, athletic, arts and community nature, music programs for individual instruction and homework assistance. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1419559 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 24861856 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 54 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 453 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Krysta Woll | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6099246700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 75 | AddressLine1 |
| City | Princeton | City |
| State | NJ | State |
| ZIP Code | 08542 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Navroze M Alphonse | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Robin R Antonacci | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Laura Banks | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Marc C Brahaney | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Barbara Griffin Cole | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Peter M Fasolo | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Gianna D Goldman | ||||||||
| Vice Chair | 002.30 | 0 | 0 | 0 | X | |||
| Barbara Straut Goldsmith | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Laura Hanson | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Fred A Hargadon | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Thomas B Harvey | ||||||||
| Secretary | 002.30 | 0 | 0 | 0 | X | |||
| Eleanor V Horne | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Galete J Levin | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Tobin Levy | ||||||||
| Trustee | 002.30 | X | 0 | 0 | 0 | |||
| Jill Mundenar | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| Andrew Okun | ||||||||
| Treasurer | 002.25 | 0 | 0 | 0 | X | |||
| Mark J Samse | ||||||||
| Trustee | 002.30 | X | 0 | 0 | 0 | |||
| David R Scott | ||||||||
| Trustee | 002.30 | X | 0 | 0 | 0 | |||
| Lisa R Stockman | ||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | |||
| John D Wallace | ||||||||
| Trustee | 002.30 | X | 0 | 0 | 0 | |||
| C Treby McLaughlin Williams | ||||||||
| Chair | 005.00 | 0 | 0 | 0 | X | |||
| Paul Stellato | ||||||||
| Head of School | 070.00 | 257741 | 0 | 70501 | X | X | ||
| Dulany Gibson | ||||||||
| Director of Finance and Operations | 060.00 | 167881 | 0 | 42188 | X | X | ||
| Steven Hancock | ||||||||
| Head of Middle School | 060.00 | 136417 | 0 | 50561 | X | |||
| John Weaver | ||||||||
| Head of Lower School | 060.00 | 144257 | 0 | 18688 | X | |||
| Carlton Tucker | ||||||||
| Head of Upper School | 060.00 | 136286 | 0 | 69492 | X | |||
| Kelly Dun | ||||||||
| Director of Admissions and Financial Aid | 050.00 | 105712 | 0 | 53038 | X | |||
| Paul Bennett | ||||||||
| Director of Facilities | 050.00 | 104624 | 0 | 25100 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1052918 | TotalReportableCompFromOrg |
| Total Other Compensation | 329568 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Aon Private Risk Management Insurance Agency Inc | |||||
| Dept 9965 | Los Angeles | CA | 900889965 | Insurance | 553695 |
| Apple Computer | |||||
| PO Box 281877 | Atlanta | GA | 303841877 | Technology Hardware | 160311 |
| Chartwells Education Dining SvrsFlik Inc | |||||
| PO Box 91337 | Chicago | IL | 606931337 | Dining Services | 536524 |
| Herman Goldner Co Inc | |||||
| 7777 Brewster Ave | Philadelphia | PA | 191533210 | Construction | 586684 |
| Rick Bus Co Inc | |||||
| 1399 Lower Ferry Rd | Ewing | NJ | 08618 | Transportation | 112623 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 3090290 | AllOtherContributions |
| Noncash Contributions | 270210 | NoncashContributions |
| Total Contributions | 3090290 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition | 611600 | 24759223 | 24759223 |
| Summer School | 611600 | 1000953 | 1000953 |
| Application Fees | 611600 | 23717 | 23717 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 25783893 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1128709 | TotalRevenueColumn |
| Exclusion | $1,128,709 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 530384 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 539686 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -9302 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -9302 | TotalRevenueColumn |
| Exclusion | -$9,302 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8387673 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4576346 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3811327 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3811327 | TotalRevenueColumn |
| Exclusion | $3,811,327 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 281714 | GrossSalesOfInventory |
| Cost Of Goods Sold | 289350 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -7636 | TotalRevenueColumn |
| Exclusion | -$7,636 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| After School Program | 611710 | 129502 | 129502 |
| Music Program | 611710 | 76545 | 76545 |
| Other Income | 611710 | 10003 | 10003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 216050 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34013331 | TotalRevenueColumn |
| Related Or Exempt Function Income | 25999943 | RelatedOrExemptFunctionIncome |
| Exclusion | $4,923,098 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5672225 | Total |
| Program Services | 5672225 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 512682 | Total |
| Management And General | 512682 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13882701 | Total |
| Program Services | 11453251 | ProgramServices |
| Management And General | 1853068 | ManagementAndGeneral |
| Fundraising | 576382 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1036627 | Total |
| Program Services | 854107 | ProgramServices |
| Management And General | 137325 | ManagementAndGeneral |
| Fundraising | 45195 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1930946 | Total |
| Program Services | 1591774 | ProgramServices |
| Management And General | 260894 | ManagementAndGeneral |
| Fundraising | 78278 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1008134 | Total |
| Program Services | 839048 | ProgramServices |
| Management And General | 126728 | ManagementAndGeneral |
| Fundraising | 42358 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67467 | Total |
| Management And General | 67467 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19100 | Total |
| Management And General | 19100 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2615 | Total |
| Fundraising | 2615 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56686 | Total |
| Management And General | 56686 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94039 | Total |
| Management And General | 94039 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 873528 | Total |
| Program Services | 582759 | ProgramServices |
| Management And General | 238832 | ManagementAndGeneral |
| Fundraising | 51937 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 328538 | Total |
| Program Services | 264730 | ProgramServices |
| Management And General | 47856 | ManagementAndGeneral |
| Fundraising | 15952 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 648920 | Total |
| Program Services | 519136 | ProgramServices |
| Management And General | 97338 | ManagementAndGeneral |
| Fundraising | 32446 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 176511 | Total |
| Program Services | 119161 | ProgramServices |
| Management And General | 37239 | ManagementAndGeneral |
| Fundraising | 20111 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 724158 | Total |
| Program Services | 724158 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1289695 | Total |
| Program Services | 1031756 | ProgramServices |
| Management And General | 193454 | ManagementAndGeneral |
| Fundraising | 64485 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 191831 | Total |
| Management And General | 191831 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Capital Asset Renewal | 462687 | 370150 | 69403 | 23134 |
| Instructional Expense | 839601 | 839601 | ||
| Membership Dues | 37719 | 35688 | 2031 | |
| Alumni Gatherings Events | 41983 | 41983 | ||
| School Gatherings Events | 87405 | 49740 | 37665 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69793 | Total |
| Management And General | 38997 | ManagementAndGeneral |
| Fundraising | 30796 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30055591 | Total |
| Program Services | 24861856 | ProgramServices |
| Management And General | 4128367 | ManagementAndGeneral |
| Fundraising | 1065368 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 479338 | BOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4991197 | BOY |
| EOY | 4887808 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 222334 | BOY |
| EOY | 263774 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101545 | BOY |
| EOY | 68486 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160682 | BOY |
| EOY | 161381 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 585559 | BOY |
| EOY | 799148 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 55096875 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14900596 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40025732 | BOY |
| EOY | 40196279 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53609348 | BOY |
| EOY | 52932969 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 7595194 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 323042 | BOY |
| EOY | 248771 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100498777 | BOY |
| EOY | 107153810 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2766388 | BOY |
| EOY | 3468203 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7747678 | BOY |
| EOY | 7487003 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15000000 | BOY |
| EOY | 15000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2685962 | BOY |
| EOY | 1920422 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28200028 | BOY |
| EOY | 27875628 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36703327 | BOY |
| EOY | 40900190 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16703996 | BOY |
| EOY | 19098160 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18891426 | BOY |
| EOY | 19279832 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72298749 | BOY |
| EOY | 79278182 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100498777 | BOY |
| EOY | 107153810 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3957740 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3021693 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Pertcentage170 | 0.00000 | PublicSupportPertcentage170 |
| Public Support Percentage509 | 0.00000 | PublicSupportPercentage509 |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
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) |
|---|---|---|
| Preservation Of Open Space | X | PreservationOfOpenSpace |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 7.50 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 50.00 | StaffHoursSpentOnEnforcement |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35807589 | BeginningOfYearBalance |
| Contributions | 2557432 | Contributions |
| Investment Earnings Or Losses | 6794922 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 568092 | GrantsOrScholarships |
| Other Expenditures | 1554156 | OtherExpenditures |
| End Of Year Balance | 43037695 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 29942206 | BeginningOfYearBalance |
| Contributions | 5014341 | Contributions |
| Investment Earnings Or Losses | 2813259 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 501200 | GrantsOrScholarships |
| Other Expenditures | 1298902 | OtherExpenditures |
| Administrative Expenses | 162115 | AdministrativeExpenses |
| End Of Year Balance | 35807589 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 36895312 | BeginningOfYearBalance |
| Contributions | 1426360 | Contributions |
| Investment Earnings Or Losses | -6927869 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 456200 | GrantsOrScholarships |
| Other Expenditures | 805153 | OtherExpenditures |
| Administrative Expenses | 190244 | AdministrativeExpenses |
| End Of Year Balance | 29942206 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.34000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.45000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.21000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2615094 | OtherCostOrOtherBasis |
| Book Value | 2615094 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 47200106 | OtherCostOrOtherBasis |
| Depreciation | 11308785 | Depreciation |
| Book Value | 35891321 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4920863 | OtherCostOrOtherBasis |
| Depreciation | 3591811 | Depreciation |
| Book Value | 1329052 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 360812 | OtherCostOrOtherBasis |
| Book Value | 360812 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 40196279 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Alternative Investments | Description |
| Book Value | 7595194 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 7595194 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Swap Agreement | $1,920,422 |
| Asset Retirement Obligation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1920422 | TotalOfAmounts |
| Total Revenue | 34013331 | TotalRevenue |
| Total Expenses | 30055591 | TotalExpenses |
| Excess Or Deficit For Year | 3957740 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3021693 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 3021693 | TotalAdjustments |
| Excess Or Deficit Per FS | 6979433 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 33683741 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3021693 | NetUnrealizedGainsInvestments |
| Other Revenues | 829036 | OtherRevenues |
| Revenue Not Rptd F990 | 3850729 | RevenueNotRptdF990 |
| Revenue Subtotal | 29833012 | RevenueSubtotal |
| Other Revenues Not Included | 4180319 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4180319 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 34013331 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 26704308 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 829036 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 829036 | ExpensesNotRptdF990 |
| Expenses Subtotal | 25875272 | ExpensesSubtotal |
| Other Expenses Not Included | 4180319 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4180319 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 30055591 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| II | 9 | The Schools conservation easement represents 7.5 acres of land purchased in June 2001. At the time of purchase, the School agreed to keep the land as open space, with no permanent building or structure allowed to be attached to the property. The land is included in the Property, Plant and Equipment section of the audited financial statements. Land is a non-depreciable asset, therefore, there are no effects on the revenue and expense statement. Monitoring of easement compliance is done by the Director of Facilities and members of facilities staff monthly. |
| V | 4 | The Schools endowment funds are designated to support the operating budget, restricted for support of financial aid, faculty salaries, faculty development and program support. |
| X | 2 | The most significant tax position of the School is its assertion that it is exempt from income taxes. Other significant tax positions include its determination of whether any amounts are subject to unrelated business tax UBIT. Management has determined the School had no activities subject to UBIT in the years ended June 30, 2011 or 2010. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.The School is required to file Form 990 Return of Organization Exempt from Income Tax which is subject to examination by the Internal Revenue Service IRS up to three years from the extended due date of the tax return. The Forms 990 for 2008 through 2010 are open to examination by the IRS as of June 30, 2011. |
| XII | 2d | Rental Expenses - 539,686 Bookstore Cost of Goods Sold - 289,350. |
| XII | 4b | Financial Aid - 4,180,319. This amount represents the need-based portion of financial aid not treated as an expense for financial statement purposes. Balance of financial aid expense listed on the return represents remission benefit 1,491,906. |
| XIII | 2d | Rental Expenses - 539,686 Bookstore Cost of Goods Sold - 289,350. |
| XIII | 4b | Financial Aid - 4,180,319. This amount represents the need-based portion of financial aid not treated as an expense for financial statement purposes. Balance of financial aid expense listed on the return represents remission benefit 1,491,906. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I | Identifier |
| Return Reference | 6a | ReturnReference |
| Explanation | The School receives funds from the No Child Left Behind Act in support of professional development for faculty for enhancement of teaching methods for reading literacy and mathematics. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Need Based Scholarships | TypeOfGrant |
| Number Of Recipients | 213 | NumberOfRecipients |
| Amount Of Cash Grant | 4180319 | AmountOfCashGrant |
| Method Of Valuation | Book | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | 2 | ReturnReference |
| Explanation | Need-based scholarships are credited to individual student accounts, reducing the amount due. Accounts are monitored monthly. Recipients are required to file a financial statement with an independent agency which evaluates the statement and makes a recommendation to the School of the amount of scholarship the applicant should receive. The School considers the recommendation together with the total funds available for scholarships and makes awards accordingly based upon the need of the student and availability of funds. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|
| Paul Stellato | |||
| 257741 | 18975 | 64653 | 341369 |
| Dulany Gibson | |||
| 167881 | 53604 | 221485 | |
| Steven Hancock | |||
| 136417 | 10658 | 51552 | 198627 |
| John Weaver | |||
| 144257 | 10886 | 18775 | 173918 |
| Carlton Tucker | |||
| 136286 | 14514 | 70372 | 221172 |
| Kelly Dun | |||
| 105712 | 10820 | 52430 | 168962 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| I | 1a | Items noted in 1a are provided to the Head of School. Housing is provided to the Head of School and Director of Finance and Operations as the Board of Trustees feels the responsibilities of the positions require a continuous presence on campus. Social club dues are provided to the Head for use for business meetings and donor meetings. Lodging is also available for use by visitors to campus. |
| I | 1a | House cleaning is provided for the Head of School and Director of Finance and Operations houses as part of a continuous maintenance program for the houses. All items listed are treated as nontaxable compensation. |
| I |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Princeton Day School Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 210727645 | IssuerEIN |
| CUSIP Number | 000064577 | CUSIPNumber |
| Date Issued | 2005-08-01 | DateIssued |
| Issue Price | 15000000 | IssuePrice |
| Description Of Purpose | Construction | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 15000000 | TotalProceeds |
| Refunding Escrow | 2639000 | RefundingEscrow |
| Issuance Costs From Proceeds | 292835 | IssuanceCostsFromProceeds |
| Capital Expenditures | 12068165 | CapitalExpenditures |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | false | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bank of New York Mellon | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 0000000030.000000000000 | TermOfHedge |
| Superintegrated Hedge | true | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | true | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Transamerica | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 0000000001.700000000000 | TermOfGIC |
| Regulatory Safe Harbor Satisfied | true | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | true | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Kelly Dun | NamePerson |
| Purpose Of Loan | home loan | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $20,000 | OriginalPrincipalAmount |
| Balance Due | 537 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 537 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Type Of AssistanceTypeOfAssistance |
|---|---|---|
| Various | Trustees | 59,500 Need based Scholarship |
| Various | Employees | 66,210 Remission |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Marjorie Gibson | |||
| Daughter, J. Wallace, Trustee | 35736 | Employment | false |
| Sarah Thompson | |||
| Sister, B. Cole, Trustee | 23149 | Employment | false |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 13 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 270210 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| I | 9 | Column b - amount represents the number of gifts of securities for the year. |
| I | 9 | Column d - value is determined by taking the average of the high and low stock price on the date of the gift. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Part III | 4d | Other program services include the Library Expenses of 702,435. The three libraries on campus provide a focus for study, research and personal reading. Library professionals serve as reading advisors, information specialists and library administrators. Librarians work to ensure that all members of the community are accomplished users of ideas and information. |
| Form 990 Part III | 4d | Other Program Services includes Student Services of 717,124. These activities serve the Schools students in various capacities. Professionals provide specialized assistance in areas of college counseling, learning styles and health services to enable students to reach their educational objectives. |
| Form 990 Part VI | 1a 1b | The Executive Committee of the Board of Trustees includes the Head of School, Board Chair, Board Vice-Chair, Treasurer, Secretary and two Board members. The Executive Committee is empowered to act on behalf of the full Board with the power to conduct the business of the School with certain restrictions as set forth by the By Laws. |
| Form 990 Part VI | 8 | Minutes of Board and Committee meetings are documented and reviewed at subsequent meetings. Documents are retained on file at the school. |
| Form 990 Part VI | 11 | The Board of Trustees is provided a final copy of the Form 990 and all required schedules that are available to the public prior to its filing. This copy is made available via email to the individual Board members. The Form 990 and all required schedules that are available to the public are reviewed and approved at a meeting of the Audit Committee of the Board of Trustees prior to being made available to the entire Board. Any questions regarding the contents of the return are addressed at that meeting. |
| Form 990 Part VI | 12 | Each Board member is required to review the conflict of interest policy on an annual basis. Board members are also required to review and sign a compliance questionnaire in regards to the conflict of interest policy. Board members are expected to keep the Board Chair informed of any potential conflicts of interest regarding the business affairs of the School. Whether a conflict of interest exists shall be determined by the Board Chair in consult with the Chair of the Committee on Trustees. If a conflict does exist, that Board member must disclose all facts material to the conflict of interest. Said Board member may not participate in the Boards discussion of the matter except to disclose material facts and respond to questions. The Board member will then leave the Board meeting during the discussion of the matter resulting in the conflict. |
| Form 990 Part VI | 12 | Persons covered by the conflict of interest policy include Board members themselves and their family members. |
| Form 990 Part VI | 14 | Although the School does not have a formal, written document retention and destruction policy, the School uses federal and state guidelines in regards to maintaining all business documentation. |
| Form 990 Part VI | 15 | Comparable salary information is gathered from national and regional associations and is used in determining the salaries for the Head of School and Director Finance and Operations. This review is done on an annual basis. The Executive Committee of the Board of Trustees is charged with determining compensation for the Head of School based on data from other comparable institutions and on evaluation of the Heads performance. An outside consultant provides the Committee a study of comparable independent schools Head of School compensation. The Head of Schools performance is evaluated annually through a process managed by the Board Chair with input from all members of the Board. |
| Form 990 Part VI | 15 | Salary for the Director of Finance and Operations is determined on an annual basis as a part of a formal performance appraisal . Comparable salary information is gathered for the Head of School who performs the annual performance appraisal and determines an appropriate salary. |
| Form 990 Part VI | 19 | Documents are available for review upon request. As such documents are not required to be made publicly available, each request is reviewed and either approved or denied on an individual basis. |
| Form 990 Part XI | 5 | Unrealized Gains - 3,021,693. |
| Form 990 Part III Line 4d Other program services include the Library Expenses of 702,435. The three libraries on campus provide a focus for study, research and personal reading. Library professionals serve as reading advisors, information specialists and library administrators. Librarians work to ensure that all members of the community are accomplished users of ideas and information. Form 990 Part III Line 4d Other Program Services includes Student Services of 717,124. These activities serve the Schools students in various capacities. Professionals provide specialized assistance in areas of college counseling, learning styles and health services to enable students to reach their educational objectives. Form 990 Part VI Section A Line 1a 1b The Executive Committee of the Board of Trustees includes the Head of School, Board Chair, Board Vice-Chair, Treasurer, Secretary and two Board members. The Executive Committee is empowered to act on behalf of the full Board with the power to conduct the business of the School with certain restrictions as set forth by the By Laws. Form 990 Part VI Section A Line 8 Minutes of Board and Committee meetings are documented and reviewed at subsequent meetings. Documents are retained on file at the school. Form 990 Part VI Section B Line 11 The Board of Trustees is provided a final copy of the Form 990 and all required schedules that are available to the public prior to its filing. This copy is made available via email to the individual Board members. The Form 990 and all required schedules that are available to the public are reviewed and approved at a meeting of the Audit Committee of the Board of Trustees prior to being made available to the entire Board. Any questions regarding the contents of the return are addressed at that meeting. Form 990 Part VI Section B Line 12 Each Board member is required to review the conflict of interest policy on an annual basis. Board members are also required to review and sign a compliance questionnaire in regards to the conflict of interest policy. Board members are expected to keep the Board Chair informed of any potential conflicts of interest regarding the business affairs of the School. Whether a conflict of interest exists shall be determined by the Board Chair in consult with the Chair of the Committee on Trustees. If a conflict does exist, that Board member must disclose all facts material to the conflict of interest. Said Board member may not participate in the Boards discussion of the matter except to disclose material facts and respond to questions. The Board member will then leave the Board meeting during the discussion of the matter resulting in the conflict. Form 990 Part VI Section B Line 12 Persons covered by the conflict of interest policy include Board members themselves and their family members. Form 990 Part VI Section B Line 14 Although the School does not have a formal, written document retention and destruction policy, the School uses federal and state guidelines in regards to maintaining all business documentation. Form 990 Part VI Section B Line 15 Comparable salary information is gathered from national and regional associations and is used in determining the salaries for the Head of School and Director Finance and Operations. This review is done on an annual basis. The Executive Committee of the Board of Trustees is charged with determining compensation for the Head of School based on data from other comparable institutions and on evaluation of the Heads performance. An outside consultant provides the Committee a study of comparable independent schools Head of School compensation. The Head of Schools performance is evaluated annually through a process managed by the Board Chair with input from all members of the Board. Form 990 Part VI Section B Line 15 Salary for the Director of Finance and Operations is determined on an annual basis as a part of a formal performance appraisal . Comparable salary information is gathered for the Head of School who performs the annual performance appraisal and determines an appropriate salary. Form 990 Part VI Section C Line 19 Documents are available for review upon request. As such documents are not required to be made publicly available, each request is reviewed and either approved or denied on an individual basis. Form 990 Part XI Line 5 Unrealized Gains - 3,021,693. |
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