TRUSTEES OF THORNTON ACADEMY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TRUSTEES OF THORNTON ACADEMY (EIN 01-0224769)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-13
- IRS object ID
- 201233189349300208
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T06:39:17-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIMENSKY ENGSTROM & ASSOCIATES CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 760 | AddressLine1 |
| City | SACO | City |
| State | ME | State |
| ZIP Code | 04072 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010224769 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUSTEES OF THORNTON ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TRUS | NameControl |
| Phone | 2072823361 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 438 MAIN STREET | AddressLine1 |
| City | SACO | City |
| State | ME | State |
| ZIP Code | 04072 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERIC PURVIS | Name |
| Title | PRESIDENT | Title |
| Phone | 2072823361 | Phone |
| Date Signed | 2012-10-03 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EDWARD K SIMENSKY | Name |
| Phone | 2072845943 | Phone |
| Date Prepared | 2012-10-03 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 22845780 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | THORNTON.SACO.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1811 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | HIGH SCHOOL EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 276 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 269676 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 328691 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15281257 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 18051508 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 581977 | InvestmentIncomePriorYear |
| Investment Income Current Year | 292869 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 77167 | OtherRevenuePriorYear |
| Other Revenue Current Year | 28599 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16210077 | TotalRevenuePriorYear |
| Total Revenue Current Year | 18701667 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11805570 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12987458 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 383632 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4574146 | OtherExpensePriorYear |
| Other Expenses Current Year | 5724905 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16379716 | TotalExpensesPriorYear |
| Total Expenses Current Year | 18712363 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -169639 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -10696 | RevenuesLessExpensesCY |
| Total Assets BOY | 31505107 | TotalAssetsBOY |
| Total Assets EOY | 33349509 | TotalAssetsEOY |
| Total Liabilities BOY | 16596497 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 18712373 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14908610 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14637136 | NetAssetsOrFundBalancesEOY |
| Mission Description | HIGH SCHOOL EDUCATION | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 17332563 | Expense |
| Description | PROVIDED HIGH SCHOOL EDUCATION PRIMARILY TO RESIDENTS OF THE CITY OF SACO, MAINE. | Description |
| Total Program Service Expense | 17332563 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | 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 | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | 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 | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | 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 | 47 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 276 | 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 |
| Indoor Tanning Services | false | 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 | 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 | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | PAUL KELLY | NamePerson |
| Telephone Number | 2072823361 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 438 MAIN ST | AddressLine1 |
| City | SACO | City |
| State | ME | State |
| ZIP Code | 04072 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (21 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 |
|---|---|---|---|---|---|---|---|---|
| VANGEL C COTSIS | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| BERNARD W GAINES | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT P GOWEN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JOYCE HALEY-MARTIN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| KENNETH JANSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM D JOHNSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM S KANY | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| KAREN B LOVELL | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JAMES E NELSON | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| JOAN VACHON VICTOR | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MARK G WILLETT | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| BRIAN K DALLAIRE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| PAUL F REMMES | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| KATHLEEN BOUTET SANTAMORE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| PHILIP D FEARON | ||||||||
| TREASURER | 0.00 | 0 | 0 | 0 | X | |||
| DENNIS J FLAHERTY | ||||||||
| ASST TREASUR | 0.00 | 0 | 0 | 0 | X | |||
| STEPHEN B GARLAND | ||||||||
| VICE-PRESIDE | 0.00 | 0 | 0 | 0 | X | |||
| ERIC A PURVIS | ||||||||
| PRESIDENT | 0.00 | 0 | 0 | 0 | X | |||
| CARL STASIO JR | ||||||||
| HEADMASTER | 40.00 | 195831 | 0 | 6000 | X | |||
| RENE MENARD | ||||||||
| ASST HEADMAS | 40.00 | 113777 | 0 | 0 | X | |||
| PAUL KELLY | ||||||||
| CFO | 40.00 | 109935 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 419543 | TotalReportableCompFromOrg |
| Total Other Compensation | 6000 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SHAW BROTHERS CONSTRUCTION INC | |||||
| 511 MAIN ST | GORHAM | ME | 04038 | CONSTRUCTION | 1607996 |
| PM CONSTRUCTION INC | |||||
| PO BOX 728 | SACO | ME | 04072 | CONSTRUCTION | 154380 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 328691 | AllOtherContributions |
| Total Contributions | 328691 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION | 14332269 | 14332269 |
| RESIDENTIAL TUITION & FEES | 3693280 | 3693280 |
| ATHLETICS INCOME | 25959 | 25959 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 18051508 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 249681 | TotalRevenueColumn |
| Exclusion | $249,681 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2288 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2288 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2288 | TotalRevenueColumn |
| Exclusion | $2,288 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4174301 | Securities |
| Other | 13000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4134719 | Securities |
| Other | 9394 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 39582 | Securities |
| Other | 3606 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43188 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3606 | RelatedOrExemptFunctionIncome |
| Exclusion | $39,582 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Total Revenue Column | 26311 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26311 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 26311 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18701667 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18081425 | RelatedOrExemptFunctionIncome |
| Exclusion | $291,551 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 195831 | Total |
| Program Services | 195831 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9953024 | Total |
| Program Services | 8946705 | ProgramServices |
| Management And General | 770186 | ManagementAndGeneral |
| Fundraising | 236133 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2838603 | Total |
| Program Services | 2622236 | ProgramServices |
| Management And General | 165598 | ManagementAndGeneral |
| Fundraising | 50769 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 720597 | Total |
| Program Services | 720597 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 987438 | Total |
| Program Services | 987438 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CAMPUS OPERATIONS | 2217790 | 2217790 | ||
| PLANT OPERATIONS | 942519 | 942519 | ||
| INSTRUCTIONAL COSTS, ETC | 807446 | 664832 | 60384 | 82230 |
| SCHOLARSHIP AWARDS | 34615 | 34615 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14500 | Total |
| Fundraising | 14500 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18712363 | Total |
| Program Services | 17332563 | ProgramServices |
| Management And General | 996168 | ManagementAndGeneral |
| Fundraising | 383632 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2337798 | BOY |
| EOY | 2738425 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192202 | BOY |
| EOY | 92640 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105 | BOY |
| EOY | 72489 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40261 | BOY |
| EOY | 8082 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 32357495 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9609435 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20733760 | BOY |
| EOY | 22748060 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8184095 | BOY |
| EOY | 7677346 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16886 | BOY |
| EOY | 12467 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31505107 | BOY |
| EOY | 33349509 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2253496 | BOY |
| EOY | 1483907 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12252540 | BOY |
| EOY | 13991424 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2090461 | BOY |
| EOY | 3237042 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16596497 | BOY |
| EOY | 18712373 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14720551 | BOY |
| EOY | 14423532 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 188059 | BOY |
| EOY | 213604 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14908610 | BOY |
| EOY | 14637136 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31505107 | BOY |
| EOY | 33349509 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -10696 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -260778 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | false | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8787914 | BeginningOfYearBalance |
| Contributions | 20788 | Contributions |
| Investment Earnings Or Losses | 17818 | InvestmentEarningsOrLosses |
| Other Expenditures | 765404 | OtherExpenditures |
| Administrative Expenses | 60384 | AdministrativeExpenses |
| End Of Year Balance | 8000732 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7489014 | BeginningOfYearBalance |
| Contributions | 45801 | Contributions |
| Investment Earnings Or Losses | 1305937 | InvestmentEarningsOrLosses |
| Administrative Expenses | 52838 | AdministrativeExpenses |
| End Of Year Balance | 8787914 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 727574 | OtherCostOrOtherBasis |
| Book Value | 727574 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27303862 | OtherCostOrOtherBasis |
| Depreciation | 6380226 | Depreciation |
| Book Value | 20923636 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4326059 | OtherCostOrOtherBasis |
| Depreciation | 3229209 | Depreciation |
| Book Value | 1096850 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 22748060 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| UNEARNED INCOME | $3,037,042 |
| ADVANCE FROM UBS | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3237042 | TotalOfAmounts |
| Total Revenue | 18701667 | TotalRevenue |
| Total Expenses | 18712363 | TotalExpenses |
| Excess Or Deficit For Year | -10696 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -260778 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -260778 | TotalAdjustments |
| Excess Or Deficit Per FS | -271474 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 18440889 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -260778 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -260778 | RevenueNotRptdF990 |
| Revenue Subtotal | 18701667 | RevenueSubtotal |
| Total Revenue Per Form990 | 18701667 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18712363 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 18712363 | ExpensesSubtotal |
| Total Expenses Per Form990 | 18712363 | TotalExpensesPerForm990 |
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 | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | false | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CARL STASIO JR | NamePerson |
| Base Compensation Filing Org | 195831 | BaseCompensationFilingOrg |
| Nontaxable Benefits Filing Org | 6000 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 201831 | TotalCompensationFilingOrg |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE FINANCE DIRECTOR REVIEWS FORM 990, AND THEN THE PRESIDENT ALSO REVIEWS IT AND SIGNS IT. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | HEADMASTER'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST. |