CHATHAM HALL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CHATHAM HALL (EIN 54-0505878)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-13
- IRS object ID
- 201233189349300948
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T09:18:24-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540643136 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARRIS HARVEY NEAL & COLLPCPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3424 | AddressLine1 |
| City | DANVILLE | City |
| State | VA | State |
| ZIP Code | 245433424 | 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 | 540505878 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHATHAM HALL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHAT | NameControl |
| Phone | 4344322941 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 CHATHAM HALL CIRCLE | AddressLine1 |
| City | CHATHAM | City |
| State | VA | State |
| ZIP Code | 24531 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD MERRICKS | Name |
| Title | CFO | Title |
| Phone | 4344322941 | Phone |
| Date Signed | 2012-11-01 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN M GAY | Name |
| PTIN | P00720223 | PTIN |
| Phone | 4347923220 | Phone |
| Date Prepared | 2012-11-01 | 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) |
|---|---|---|
| Name Of Principal Officer Person | RONALD MERRICKS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 CHATHAM HALL CIRCLE | AddressLine1 |
| City | CHATHAM | City |
| State | VA | State |
| ZIP Code | 24531 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13604352 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CHATHAMHALL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1894 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | PRIVATE SCHOOL | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 192 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2589984 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2653149 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4642399 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5143030 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 836262 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1544292 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8068645 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9340471 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3992115 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4262936 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 341949 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7328864 | OtherExpensePriorYear |
| Other Expenses Current Year | 7487483 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11320979 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11750419 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3252334 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2409948 | RevenuesLessExpensesCY |
| Total Assets BOY | 81196001 | TotalAssetsBOY |
| Total Assets EOY | 74350211 | TotalAssetsEOY |
| Total Liabilities BOY | 5254432 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4969155 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 75941569 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 69381056 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CHATHAM HALL PREPARES GIRLS FOR COLLEGE AND FOR PRODUCTIVE LIVES. OUR RIGOROUS EDUCATIONAL PROGRAM ENCOURAGES INTELLECTUAL GROWTH, CREATIVITY, AND PERSONAL RESPONSIBILITY. WE FOSTER THE INTELLECT AND CHARACTER OF EACH STUDENT AND, THROUGH OUR HONOR CODE, LIVE IN A COMMUNITY OF TRUST. GROUNDED IN ITS EPISCOPAL HERITAGE, THE SCHOOL WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10101883 | Expense |
| Revenue | 5129149 | Revenue |
| Description | BOARDING SCHOOL OF APPROX 139 STUDENTS, GRADES 9-12 FULL CURRICULUM OF PREP SUBJECTS SUPPORTING ACTIVITIES, ATHLETICS, CHAPEL AND RIDING SCHOLARSHIPS AWARDED THROUGH TUITION DEDUCTION. | Description |
| Total Program Service Expense | 10101883 | 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 | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | 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 | 1 | 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 | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | 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 | 88 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 192 | 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 |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | 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 | 1 | 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 | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4344322941 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 CHATHAM HALL CIRCLE | AddressLine1 |
| City | CHATHAM | City |
| State | VA | State |
| ZIP Code | 24531 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| NINA J BOTSFORD | |||||||
| CHAIRMAN | 10.00 | X | X | 0 | 0 | 0 | |
| STACEY GOODWIN | |||||||
| VICE CHAIRMAN | 10.00 | X | X | 0 | 0 | 0 | |
| LISA MOORE | |||||||
| TREASURER | 10.00 | X | X | 0 | 0 | 0 | |
| KATHARINE CHANDLER | |||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 | |
| BELK DAUGHTRIDGE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DORA THOMAS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DOUG GOLDSTEIN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JANE GARNETT | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JERRY CLARK | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JULIA KASHKASHIAN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| KATHERINE HAROLDSON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| LAURA CRONIN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| LUCY BARRETT | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAT FREDERICK | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PENNY WILSON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT MCIVER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| ROBIN STUART | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| SARAH FINN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| SUSAN GROSS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| GARY J FOUNTAIN | |||||||
| RECTOR | 40.00 | 198815 | 0 | 19982 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 198815 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 19982 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 2653149 | FederatedCampaigns |
| Noncash Contributions | 212032 | NoncashContributions |
| Total Contributions | 2653149 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611710 | 4914275 | 4914275 |
| FEES AND OTHER SUPPORT | 611710 | 143554 | 143554 |
| OTHER | 611710 | 85201 | 85201 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5143030 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1558173 | TotalRevenueColumn |
| Exclusion | $1,558,173 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4250000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3963145 | Securities |
| Other | 300736 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 286855 | Securities |
| Other | -300736 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -13881 | TotalRevenueColumn |
| Related Or Exempt Function Income | -13881 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9340471 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5129149 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,558,173 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295451 | Total |
| Program Services | 96636 | ProgramServices |
| Management And General | 198815 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3080236 | Total |
| Program Services | 2292800 | ProgramServices |
| Management And General | 565349 | ManagementAndGeneral |
| Fundraising | 222087 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192831 | Total |
| Program Services | 192831 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 452635 | Total |
| Program Services | 452635 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241783 | Total |
| Program Services | 241783 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22499 | Total |
| Management And General | 22499 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 270008 | Total |
| Management And General | 270008 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 298431 | Total |
| Program Services | 278809 | ProgramServices |
| Management And General | 19622 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84554 | Total |
| Program Services | 34186 | ProgramServices |
| Management And General | 29834 | ManagementAndGeneral |
| Fundraising | 20534 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 281226 | Total |
| Program Services | 269756 | ProgramServices |
| Management And General | 11353 | ManagementAndGeneral |
| Fundraising | 117 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128721 | Total |
| Program Services | 55987 | ProgramServices |
| Management And General | 51579 | ManagementAndGeneral |
| Fundraising | 21155 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2905 | Total |
| Management And General | 2905 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2338 | Total |
| Program Services | 1707 | ProgramServices |
| Management And General | 631 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167040 | Total |
| Program Services | 167040 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1012936 | Total |
| Program Services | 1012936 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85861 | Total |
| Program Services | 85861 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| SCHOLARSHIPS AND GRANTS | 2575050 | 2575050 |
| RESTRICTED EXPENDITURES | 880582 | 880582 |
| STUDENT SUPPORT | 504264 | 504264 |
| OPERATIONS AND MAINTENA | 302974 | 302974 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 868094 | Total |
| Program Services | 656046 | ProgramServices |
| Management And General | 133992 | ManagementAndGeneral |
| Fundraising | 78056 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11750419 | Total |
| Program Services | 10101883 | ProgramServices |
| Management And General | 1306587 | ManagementAndGeneral |
| Fundraising | 341949 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72767 | BOY |
| EOY | 140678 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2760506 | BOY |
| EOY | 1571851 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141535 | BOY |
| EOY | 63833 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34540 | BOY |
| EOY | 22364 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101422 | BOY |
| EOY | 203061 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 30542286 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14153594 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17227063 | BOY |
| EOY | 16388692 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60714130 | BOY |
| EOY | 55814777 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144038 | BOY |
| EOY | 144955 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81196001 | BOY |
| EOY | 74350211 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 310241 | BOY |
| EOY | 41569 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 456191 | BOY |
| EOY | 641586 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4488000 | BOY |
| EOY | 4286000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5254432 | BOY |
| EOY | 4969155 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17019968 | BOY |
| EOY | 15462681 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13275299 | BOY |
| EOY | 6915972 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45646302 | BOY |
| EOY | 47002403 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75941569 | BOY |
| EOY | 69381056 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81196001 | BOY |
| EOY | 74350211 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2409948 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -4150565 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| 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 | 60045474 | BeginningOfYearBalance |
| Contributions | 1375085 | Contributions |
| Investment Earnings Or Losses | -1986255 | InvestmentEarningsOrLosses |
| Other Expenditures | 4658439 | OtherExpenditures |
| End Of Year Balance | 54775865 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 53216575 | BeginningOfYearBalance |
| Contributions | 2318811 | Contributions |
| Investment Earnings Or Losses | 9318123 | InvestmentEarningsOrLosses |
| Other Expenditures | 4808035 | OtherExpenditures |
| End Of Year Balance | 60045474 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51221267 | BeginningOfYearBalance |
| Contributions | 2849208 | Contributions |
| Investment Earnings Or Losses | 2034482 | InvestmentEarningsOrLosses |
| Other Expenditures | 288382 | OtherExpenditures |
| End Of Year Balance | 55816575 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25458513 | BeginningOfYearBalance |
| Contributions | 33406113 | Contributions |
| Investment Earnings Or Losses | -5371262 | InvestmentEarningsOrLosses |
| Other Expenditures | 2272097 | OtherExpenditures |
| End Of Year Balance | 51221267 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 144272 | InvestmentCostOrOtherBasis |
| Book Value | 144272 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 23011195 | InvestmentCostOrOtherBasis |
| Depreciation | 9266426 | Depreciation |
| Book Value | 13744769 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 7386819 | InvestmentCostOrOtherBasis |
| Depreciation | 4887168 | Depreciation |
| Book Value | 2499651 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16388692 | TotalOfBookValueLandBuildings |
| Total Revenue | 9340471 | TotalRevenue |
| Total Expenses | 11750419 | TotalExpenses |
| Excess Or Deficit For Year | -2409948 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -4150565 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -4150565 | TotalAdjustments |
| Excess Or Deficit Per FS | -6560513 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2592710 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -3831283 | NetUnrealizedGainsInvestments |
| Other Revenues | -319282 | OtherRevenues |
| Revenue Not Rptd F990 | -4150565 | RevenueNotRptdF990 |
| Revenue Subtotal | 6743275 | RevenueSubtotal |
| Other Revenues Not Included | 2597196 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2597196 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9340471 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9153223 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 9153223 | ExpensesSubtotal |
| Other Expenses Not Included | 2597196 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2597196 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11750419 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN SPLIT INTEREST AGREEMENTS |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL SCHOLARSHIPS MISCELLANEOUS |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | INSTITUTIONAL SCHOLARSHIPS MISCELLANEOUS |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICES | ADMISSIONS EXPENSES | 2081 |
| CENTRAL AMERICA | 0 | 0 | PROGRAM SERVICES | ADMISSIONS EXPENSES | 1494 |
| SOUTH AFRICA | 0 | 0 | PROGRAM SERVICES | ADMISSIONS EXPENSES | 577 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | ADMISSIONS EXPENSES | 8255 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | ADMISSIONS EXPENSES | 2509 |
| EAST ASIA | 0 | 0 | PROGRAM SERVICES | ADMISSIONS EXPENSES | 9256 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | SUMMER PROGRAM | 4478 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 28650 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 28650 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GARY J FOUNTAIN | NamePerson |
| Base Compensation Filing Org | 198815 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 19982 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 218797 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDUSTRIAL DEVELOPMENT AUTHORITY OF DANVILLE VIRGINIA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521321074 | IssuerEIN |
| Date Issued | 2007-12-01 | DateIssued |
| Issue Price | 4600000 | IssuePrice |
| Description Of Purpose | EDUCATIONAL FACILITIES REVENUE | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 4600000 | TotalProceeds |
| Issuance Costs From Proceeds | 100064 | IssuanceCostsFromProceeds |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | HORSES | 4 | 145000 | APPRAISAL VALUE |
| X | PHOTOGRAPHIC IMAGES | 1 | 63000 | FAIR VALUE |
| 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)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | NEW MEMBERS OF THE BOARD ARE VOTED ON BY CURRENT MEMBERS OF THE BOARD OF TRUSTEES | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF TRUSTEES REVIEW AND COMMENT ON THE FORM 990 BEFORE A FINAL VERSION IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF TRUSTEES REVIEWS THE CONFLICT OF INTEREST POLICY AND ALL MEMBERS ARE REQUIRED TO SIGN THE POLICY EACH FALL AT THE REGULAR BOARD MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE SALARY OF THE RECTOR IS REVIEWED BY THE BOARD OF TRUSTEES | |
| FORM 990, PART VI, SECTION C, LINE 19 | ACCOUNTING PERSONNEL REVIEW THE 990 FOR ACCURACY AND THE BOARD OF TRUSTEES ARE GIVEN A COPY OF THE 990 FOR THEIR REVIEW AND APPROVAL BEFORE THE 990 IS FILED. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -4,150,565. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| AUDIT COMMITTEE ASSUMES RESPONSIBILITY |
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