GEORGE STEVENS ACADEMY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GEORGE STEVENS ACADEMY (EIN 01-0247002)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-13
- IRS object ID
- 201230739349301308
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-13T16:50:46-05:00 | 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 | HORTON MCFARLAND & VEYSEY LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 543 | AddressLine1 |
| City | ELLSWORTH | City |
| State | ME | State |
| ZIP Code | 04605 | 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 | 010247002 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGE STEVENS ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 2073745081 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 UNION STREET | AddressLine1 |
| City | BLUE HILL | City |
| State | ME | State |
| ZIP Code | 046140816 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROB CLAPP | Name |
| Title | PRESIDENT | Title |
| Phone | 2073745081 | Phone |
| Date Signed | 2012-03-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANNETTE GOULD | Name |
| Phone | 2076675529 | Phone |
| Date Prepared | 2012-03-05 | 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 | ROB CLAPP | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 139 | AddressLine1 |
| City | BLUE HILL | City |
| State | ME | State |
| ZIP Code | 04614 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11602244 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GEORGESTEVENSACADEMY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1943 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL LOCATED ON THE COAST OF MAINE. GROUNDED IN ITS TRADITIONS AND COMMITMENT TO THE AREA'S SMALL TOWNS. THE ACADEMY IS A CARING EDUCATIONAL COMMUNITY INVESTED IN MEETING THE NEEDS OF EACH STUDENT. THE ACADEMY OFFERS A CHALLENGING COMPREHENSIVE PROGRAM OF STUDIES THAT FOSTERS INTELLECTUAL INQUIRY AND THE PURSUIT OF KNOWLEDGE, INSPIRES CREATIVITY, DEVELOPS SELF-RELIANCE, AND PREPARES ITS GRADUATES FOR A PURPOSEFUL LIFE IN AN EVER CHANGING WORLD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 116 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6479513 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 494873 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3763241 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3542768 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 65468 | InvestmentIncomePriorYear |
| Investment Income Current Year | 343812 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 85212 | OtherRevenuePriorYear |
| Other Revenue Current Year | 176124 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 10393434 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4557577 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 108984 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 88656 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2607960 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2758795 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 161290 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1367777 | OtherExpensePriorYear |
| Other Expenses Current Year | 1803328 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4084721 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4650779 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6308713 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -93202 | RevenuesLessExpensesCY |
| Total Assets BOY | 11622694 | TotalAssetsBOY |
| Total Assets EOY | 12976267 | TotalAssetsEOY |
| Total Liabilities BOY | 2576128 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2905012 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9046566 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10071255 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL LOCATED ON THE COAST OF MAINE. GROUNDED IN ITS TRADITIONS AND COMMITMENT TO THE AREA'S SMALL TOWNS. THE ACADEMY IS A CARING EDUCATIONAL COMMUNITY INVESTED IN MEETING THE NEEDS OF EACH STUDENT. THE ACADEMY OFFERS A CHALLENGING COMPREHENSIVE PROGRAM OF STUDIES THAT FOSTERS INTELLECTUAL INQUIRY AND THE PURSUIT OF KNOWLEDGE, INSPIRES CREATIVITY, DEVELOPS SELF-RELIANCE, AND PREPARES ITS GRADUATES FOR A PURPOSEFUL LIFE IN AN EVER CHANGING WORLD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4110726 | Expense |
| Revenue | 3718892 | Revenue |
| Description | PROVIDE SECONDARY EDUCATION TO APPROXIMATELY 375 STUDENTS | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 88656 | Expense |
| Description | PROVIDE FINANCING ASSISTANCE TO GRADUATING STUDENTS WHO ARE FURTHERING THEIR EDUCATION. SCHOLARSHIPS GRANTED ON THE BASIS OF MERIT AND TYPE OF CONTINUING EDUCATION | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4199382 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 16 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 116 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRED HEILNER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2073745081 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 UNION ST | AddressLine1 |
| City | BLUE HILL | City |
| State | ME | State |
| ZIP Code | 04614 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| MARGARET HANNAH | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| BRIAN VAN EMMERICK | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| EMIL ANDY | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| PATRICIA GRAY | |||||
| CLERK | 2.00 | X | 0 | 0 | 0 |
| MICHAEL ASTBURY | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| DEBORAH LUDLOW | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| JIM MODISETTE | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| MELISSA MATTES | |||||
| VICE PRESIDENT | 2.00 | X | 0 | 0 | 0 |
| FRANK WANNING | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| ROB CLAPP | |||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 |
| SUE LOOMIS | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| DAN MCGRAW | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| ECKLEY HERRICK | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| DEBORAH BREWSTER | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| MARION MORRIS | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| STEFAN BRANN | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| JAMES HENRY | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| MARJORIE OLIVARI | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EL SHEA | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 CHURCH STREET | AddressLine1 |
| City | ELLSWORTH | City |
| State | ME | State |
| ZIP Code | 04605 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | GENERAL CONTRACTOR | DescriptionOfServices |
| Compensation | 680511 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 494873 | AllOtherContributions |
| Noncash Contributions | 57370 | NoncashContributions |
| Total Contributions | 494873 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 3539619 | 3539619 |
| MISCELLANEOUS | 900099 | 3149 | 3149 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3542768 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 245126 | TotalRevenueColumn |
| Exclusion | $245,126 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7143353 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7044667 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 98686 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 98686 | TotalRevenueColumn |
| Exclusion | $98,686 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SCHOOL LUNCH | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 176124 | TotalRevenueColumn |
| Related Or Exempt Function Income | 176124 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 176124 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4557577 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3718892 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $343,812 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88656 | Total |
| Program Services | 88656 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2181835 | Total |
| Program Services | 1945380 | ProgramServices |
| Management And General | 120983 | ManagementAndGeneral |
| Fundraising | 115472 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 504502 | Total |
| Program Services | 449827 | ProgramServices |
| Management And General | 27975 | ManagementAndGeneral |
| Fundraising | 26700 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72458 | Total |
| Program Services | 64605 | ProgramServices |
| Management And General | 4018 | ManagementAndGeneral |
| Fundraising | 3835 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3359 | Total |
| Management And General | 3359 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10660 | Total |
| Management And General | 10660 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6024 | Total |
| Program Services | 6024 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17473 | Total |
| Program Services | 12019 | ProgramServices |
| Management And General | 1854 | ManagementAndGeneral |
| Fundraising | 3600 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 268693 | Total |
| Program Services | 268693 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 751 | Total |
| Program Services | 640 | ProgramServices |
| Fundraising | 111 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109988 | Total |
| Program Services | 109988 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109076 | Total |
| Program Services | 109076 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31486 | Total |
| Management And General | 31486 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| INTERNATIONAL BOARDING | 618893 | 618893 | ||
| EDUCATIONAL PROGRAMS | 208437 | 208437 | ||
| FOOD PURCHASES | 123027 | 123027 | ||
| MISCELLANEOUS | 90099 | 85580 | 188 | 4331 |
| EQUIPMENT RENTAL & MAIN | 58206 | 58206 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147156 | Total |
| Program Services | 50331 | ProgramServices |
| Management And General | 89584 | ManagementAndGeneral |
| Fundraising | 7241 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4650779 | Total |
| Program Services | 4199382 | ProgramServices |
| Management And General | 290107 | ManagementAndGeneral |
| Fundraising | 161290 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 301164 | BOY |
| EOY | 196801 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 480206 | BOY |
| EOY | 98111 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16870 | BOY |
| EOY | 34338 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10501 | BOY |
| EOY | 14946 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21295 | BOY |
| EOY | 30491 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7803762 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3954426 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3158830 | BOY |
| EOY | 3849336 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7633828 | BOY |
| EOY | 8752244 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11622694 | BOY |
| EOY | 12976267 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 254491 | BOY |
| EOY | 294364 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 256991 | BOY |
| EOY | 239816 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87600 | BOY |
| EOY | 303173 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1957061 | BOY |
| EOY | 2067659 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19985 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2576128 | BOY |
| EOY | 2905012 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1737701 | BOY |
| EOY | 3052652 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 782125 | BOY |
| EOY | 484376 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6526740 | BOY |
| EOY | 6534227 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9046566 | BOY |
| EOY | 10071255 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11622694 | BOY |
| EOY | 12976267 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -93202 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1117891 | 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 | 7633828 | BeginningOfYearBalance |
| Contributions | 77697 | Contributions |
| Investment Earnings Or Losses | 1453570 | InvestmentEarningsOrLosses |
| Other Expenditures | 368111 | OtherExpenditures |
| Administrative Expenses | 44740 | AdministrativeExpenses |
| End Of Year Balance | 8752244 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1938678 | BeginningOfYearBalance |
| Contributions | 5716864 | Contributions |
| Investment Earnings Or Losses | 97893 | InvestmentEarningsOrLosses |
| Other Expenditures | 107976 | OtherExpenditures |
| Administrative Expenses | 11631 | AdministrativeExpenses |
| End Of Year Balance | 7633828 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2367876 | BeginningOfYearBalance |
| Contributions | 32050 | Contributions |
| Investment Earnings Or Losses | -314333 | InvestmentEarningsOrLosses |
| Other Expenditures | 135058 | OtherExpenditures |
| Administrative Expenses | 11857 | AdministrativeExpenses |
| End Of Year Balance | 1938678 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.74660 | PermanentEndowmentEOYBalance |
| 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 | 953020 | OtherCostOrOtherBasis |
| Book Value | 953020 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5697135 | OtherCostOrOtherBasis |
| Depreciation | 2970390 | Depreciation |
| Book Value | 2726745 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1153607 | OtherCostOrOtherBasis |
| Depreciation | 984036 | Depreciation |
| Book Value | 169571 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3849336 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| RAYMOND JAMES | 212918 | F |
| CHARLES SCHWAB | 2034490 | F |
| BAR HARBOR BANK & TRUST | 6504836 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 8752244 | TotalOfBookValueSecurities |
| Total Revenue | 4557577 | TotalRevenue |
| Total Expenses | 4650779 | TotalExpenses |
| Excess Or Deficit For Year | -93202 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1117887 | NetUnrealizedGLOnInvestments |
| Other | $4 | OtherAmount |
| Total Adjustments | 1117891 | TotalAdjustments |
| Excess Or Deficit Per FS | 1024689 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5654127 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1117887 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1117887 | RevenueNotRptdF990 |
| Revenue Subtotal | 4536240 | RevenueSubtotal |
| Other Revenues Not Included | 21337 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 21337 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4557577 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4629438 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4629438 | ExpensesSubtotal |
| Other Expenses Not Included | 21341 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 21341 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4650779 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | ROUNDING 4. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SUMMER SCHOOL 14,762. SUMMER ESL 2,360. SUMMER DRIVERS ED 4,215. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SUMMER SCHOOL 14,762. SUMMER ESL 2,360. SUMMER DRIVERS ED 4,215. ROUNDING 4. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 0 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 0 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 0 | 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 (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE SCHOOL WILL BE ADDING THE POLICY TO THE WEBSITE |
| EXPLANATION OF DOCUMENT RETENTION | SCHEDULE E, PART I, LINE 4 | NOT CONSIDERED NECESSARY SINCE RACE DOES NOT FACTOR INTO ADMISSION OR EMPLOYMENT |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| COLLEGE SCHOLARSHIPS AWARDED | 38 | 86375 |
| PRINCIPAL DISCRETIONARY FUND TO HELP STUDENTS AT RISK FOR QUITTING SCHOOL | 8 | 2281 |
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 AWARDED TO STUDENTS BASED ON CRITERIA SET FORTH BY THE DONOR AND THEN DISPERSED DIRECTLY TO THE COLLEGE | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ROB CLAPP | |||
| ROB CLAPP IS A TRUSTEE & PART OWNER IN MERLE B. GRINDLE INSURANCE AGENCY | 40991 | THE SCHOOL PURCHASES INSURANCE FROM ROB CLAPP | 0 |
| MICHAEL ASTBURY | |||
| MICHAEL ASTBURY IS A TRUSTEE & OWNER OF MIKE ASTBURY & SONS | 12700 | MIKE ASTBURY PROVIDES SNOWPLOWING AND FIELD CONSTRUCTION SERVICES | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 57370 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV PER STOCK EXCHANGE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 990 IS PROVDIDED TO THE BOARD OF TRUSTEES AND REVEIWED AT A SUBSEQUENT MEETING | |
| ALL TRUSTEES SIGN THE TRUSTEES STATEMENT OF COMMITMENT. WHICH REQUIRES THAT THEY NOT INVOLVE THEMSELVES IN ANY MATTERS THEY HAVE A CONFLICT OF INTEREST ON | FORM 990, PART VI, SECTION B, LINE 12 | |
| BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL APPROVES COMPENSATION FOR ADMNISTRATORS AND THERE IS A COMPENSATION COMMITEE TO OVERSEE ALL EMPLOYEES COMPENSATION. COMPENSATION IS COMPARABLE FOR THE AREA. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THEY ARE AVAILABLE UPON REQUEST | FORM 990, PART VI, SECTION C, LINE 18 | |
| UPON REQUEST | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,117,887. ROUNDING 4. TOTAL TO FORM 990, PART XI, LINE 5: 1,117,891. | FORM 990, PART XI, LINE 5: |
| THE FINANCE COMMITEE HAS OVERSIGHT OVER THE AUDIT AND SELECTION OF AUDITOR | 990 PART XI LINE 2C |
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