WALNUT HILL CENTER FOR THE ARTS INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WALNUT HILL CENTER FOR THE ARTS INC (EIN 04-2103636)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-13
- IRS object ID
- 201233189349301993
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T11:39:58-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061009205 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUM SHAPIRO & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 HINGHAM STREET | AddressLine1 |
| City | ROCKLAND | City |
| State | MA | State |
| ZIP Code | 02370 | 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 | 042103636 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALNUT HILL SCHOOL FOR THE ARTS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WALN | NameControl |
| Phone | 5086534312 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 HIGHLAND STREET | AddressLine1 |
| City | NATICK | City |
| State | MA | State |
| ZIP Code | 01760 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURA RUTHERFORD | Name |
| Title | CFO | Title |
| Phone | 5086505015 | Phone |
| Date Signed | 2012-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN T WHITE | Name |
| PTIN | P00097855 | PTIN |
| Phone | 7819821001 | Phone |
| Date Prepared | 2012-11-08 | 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 | ANTONIO VIVA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 HIGHLAND STREET | AddressLine1 |
| City | NATICK | City |
| State | MA | State |
| ZIP Code | 01760 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 18498685 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WALNUTHILLARTS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1893 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO EDUCATE TALENTED, ACCOMPLISHED AND INTELLECTUALLY ENGAGED YOUNG ARTISTS FROM ALL OVER THE WORLD. THE SCHOOL DOES SO IN A DIVERSE, HUMANE AND ETHICAL COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 283 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2002537 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1454027 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 14874470 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 14581762 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 581612 | InvestmentIncomePriorYear |
| Investment Income Current Year | 658611 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -40096 | OtherRevenuePriorYear |
| Other Revenue Current Year | 73987 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17418523 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16768387 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3185895 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3120506 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6531416 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6818847 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 4552 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 517945 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6142938 | OtherExpensePriorYear |
| Other Expenses Current Year | 6090442 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 15864801 | TotalExpensesPriorYear |
| Total Expenses Current Year | 16029795 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1553722 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 738592 | RevenuesLessExpensesCY |
| Total Assets BOY | 48748438 | TotalAssetsBOY |
| Total Assets EOY | 49442013 | TotalAssetsEOY |
| Total Liabilities BOY | 21822237 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 24098427 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 26926201 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 25343586 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF WALNUT HILL IS TO EDUCATE TALENTED, ACCOMPLISHED AND INTELLECTUALLY ENGAGED YOUNG ARTISTS FROM ALL OVER THE WORLD. THE SCHOOL DOES SO IN A DIVERSE, HUMANE AND ETHICAL COMMUNITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7960747 | Expense |
| Grants | 2994275 | Grants |
| Revenue | 10976253 | Revenue |
| Description | INSTRUCTIONAL EXPENSES RELATED TO EDUCATING THE STUDENTS WHILE AT SCHOOL. THE SCHOOL ENROLLED APPROXIMATELY 287 STUDENTS DURING THE FALL AND SPRING SEMESTERS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3479911 | Expense |
| Revenue | 2656493 | Revenue |
| Description | STUDENT ACTIVITIES, THEATER AND MUSIC PRODUCTIONS, TUTORING, DORM LIFE AND FOOD SERVICE AND STUDENT CLUBS. THE SCHOOL ENROLLED APPROXIMATELY 287 STUDENTS DURING THE FALL AND SPRING SEMESTERS. OF THE 287 STUDENTS, APPROXIMATELY 230 STUDENTS LIVED ON-CAMPUS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1136193 | Expense |
| Grants | 126231 | Grants |
| Revenue | 949016 | Revenue |
| Description | SUMMER AND OTHER PROGRAM EXPENSES FOR UNENROLLED STUDENTS, SUCH AS THE COMMUNITY ARTS PROGRAM. THE SUMMER PROGRAMS ENROLLED APPROXIMATELY 270 STUDENTS BETWEEN MANY DIFFERENT PROGRAMS SUCH AS DANCE, VISUAL ARTS, MUSIC, WRITING AND THEATER. THE SCHOOL PROVIDED TUITION FREE WORKSHOPS THROUGH THE COMMUNITY ARTS PROGRAM TO APPROXIMATELY 180 STUDENTS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OPERATION OF THE BOOKSTORE FOR THE STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 12576851 | 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 | 1 | 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 | 1 | 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 | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | 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 | 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 | 44 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 283 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | 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 | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAURA RUTHERFORD CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5086505015 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 HIGHLAND STREET | AddressLine1 |
| City | NATICK | City |
| State | MA | State |
| ZIP Code | 01760 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| LYNDA K BECK | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| CATHERINE T CHAN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MATAN CHOREV | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JENNIFER CAUDLE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| SANDRA E DELBRIDGE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| RALPH FARRIS | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| BRUCE FIGUEROA | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| LENIRA FLECK | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| CHARLOTTE I HALL | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JUSTINE HAND | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| OAKES HUNNEWELL | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| ALLISON PERRY IANTOSCA | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| CHERYL B MAROTTO | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| LINDA HARPER MCLANE | |||||||
| TRUSTEE (THRU 05/12) | 5.00 | X | 0 | 0 | 0 | ||
| FRANKLIN B MEAD | |||||||
| TRUSTEE (THRU 05/12) | 5.00 | X | 0 | 0 | 0 | ||
| DOROTHY NEUBERGER | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| HAE SUN PAIK | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JANET EMERY PATTILLO | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MICHELE RIGGI | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| DAVID KIM | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| AFA SADYKHLY | |||||||
| TRUSTEE (THRU 05/12) | 5.00 | X | 0 | 0 | 0 | ||
| ELIZABETH A WHEELER | |||||||
| TRUSTEE (THRU 05/12) | 5.00 | X | 0 | 0 | 0 | ||
| PETER TOLLMAN | |||||||
| TRUSTEE (BEGINNING 05/12) | 5.00 | X | 0 | 0 | 0 | ||
| ELIZABETH P MCCLENDON | |||||||
| CHAIR - BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | X | |
| ANNE M MORGAN | |||||||
| VICE PRESIDENT/TRUSTEE | 5.00 | X | 0 | 0 | 0 | X | |
| CHARLES THACHER | |||||||
| TRUSTEE/TREASURER (THRU 1/12) | 5.00 | X | 0 | 0 | 0 | X | |
| JACKSON W WRIGHT JR | |||||||
| TRUSTEE/CLERK (THRU 05/12) | 5.00 | X | 0 | 0 | 0 | X | |
| PATRICIA L DAVIDSON | |||||||
| TRUSTEE/CLERK (AS OF 05/12) | 5.00 | X | 0 | 0 | 0 | X | |
| HUGH GELCH | |||||||
| TRUSTEE/TREASURER (AS OF 1/12) | 5.00 | X | 0 | 0 | 0 | X | |
| LAURA RUTHERFORD | |||||||
| CFO | 40.00 | 122868 | 0 | 18530 | X | ||
| ANTONIO VIVA | |||||||
| HEAD OF SCHOOL | 40.00 | 168465 | 0 | 47439 | X | ||
| BRUCE SMITH | |||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | 113534 | 0 | 6917 | X | ||
| JULIE FAULSTICH | |||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | 108082 | 0 | 18065 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 512949 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 90951 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FLIK (COMPASS GROUP USA) | |||||
| PO BOX 91337 | CHICAGO | IL | 606931337 | FOOD SERVICE | 903216 |
| MATTHEW CONSTRUCTION CO | |||||
| 4 MECHANIC ST | NATICK | MA | 017603460 | CONSTRUCTION | 680509 |
| TUFTS HEALTH PLAN | |||||
| PO BOX 9224 | CHELSEA | MA | 021509224 | HEALTH INSURANCE | 630179 |
| NEW ENGLAND CONSERVATORY OF MUSIC | |||||
| 290 HUNTINGTON AVE | BOSTON | MA | 02115 | EDUCATION - MUSIC | 342683 |
| AWG DEWAR INC | |||||
| FOUR BATTERYMARCH PARK | QUINCY | MA | 021697468 | INSURANCE - TUITION REFUND | 318630 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| All Other Contributions | 1454027 | AllOtherContributions |
| Noncash Contributions | 88727 | NoncashContributions |
| Total Contributions | 1454027 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 13340231 | 13340231 |
| SUMMER PROGRAMS | 611600 | 949016 | 949016 |
| STUDENT ACTIVITIES | 611600 | 165843 | 165843 |
| OTHER | 611600 | 65488 | 65488 |
| RENTAL - PROG. RELATED | 611600 | 61184 | 61184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 14581762 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 567642 | TotalRevenueColumn |
| Exclusion | $567,642 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1663930 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1572961 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 90969 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90969 | TotalRevenueColumn |
| Exclusion | $90,969 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 231324 | GrossSalesOfInventory |
| Cost Of Goods Sold | 157337 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 73987 | TotalRevenueColumn |
| Exclusion | $73,987 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16768387 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14581762 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $732,598 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2738625 | Total |
| Program Services | 2738625 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381881 | Total |
| Program Services | 381881 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 592632 | Total |
| Program Services | 116960 | ProgramServices |
| Management And General | 286293 | ManagementAndGeneral |
| Fundraising | 189379 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5171790 | Total |
| Program Services | 4042727 | ProgramServices |
| Management And General | 999744 | ManagementAndGeneral |
| Fundraising | 129319 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177873 | Total |
| Program Services | 136282 | ProgramServices |
| Management And General | 39469 | ManagementAndGeneral |
| Fundraising | 2122 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 439646 | Total |
| Program Services | 316125 | ProgramServices |
| Management And General | 101684 | ManagementAndGeneral |
| Fundraising | 21837 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 436906 | Total |
| Program Services | 297096 | ProgramServices |
| Management And General | 113596 | ManagementAndGeneral |
| Fundraising | 26214 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3648 | Total |
| Management And General | 3648 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40509 | Total |
| Management And General | 40509 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 716 | Total |
| Management And General | 716 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62181 | Total |
| Program Services | 1027 | ProgramServices |
| Management And General | 56048 | ManagementAndGeneral |
| Fundraising | 5106 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101109 | Total |
| Program Services | 40368 | ProgramServices |
| Management And General | 60741 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350008 | Total |
| Program Services | 39185 | ProgramServices |
| Management And General | 232154 | ManagementAndGeneral |
| Fundraising | 78669 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174672 | Total |
| Management And General | 174672 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1609713 | Total |
| Program Services | 1309152 | ProgramServices |
| Management And General | 295259 | ManagementAndGeneral |
| Fundraising | 5302 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164338 | Total |
| Program Services | 44350 | ProgramServices |
| Management And General | 101361 | ManagementAndGeneral |
| Fundraising | 18627 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43945 | Total |
| Program Services | 22002 | ProgramServices |
| Management And General | 21423 | ManagementAndGeneral |
| Fundraising | 520 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1110322 | Total |
| Program Services | 943330 | ProgramServices |
| Management And General | 164438 | ManagementAndGeneral |
| Fundraising | 2554 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88426 | Total |
| Program Services | 60306 | ProgramServices |
| Management And General | 22977 | ManagementAndGeneral |
| Fundraising | 5143 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 1014089 | 1014089 | ||
| INSTRUCTIONAL PROGRAM E | 751232 | 751232 | ||
| OTHER EXPENSE | 245823 | 68974 | 143696 | 33153 |
| SUMMER PROGRAM EXPENSE | 121434 | 121434 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208277 | Total |
| Program Services | 131706 | ProgramServices |
| Management And General | 76571 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16029795 | Total |
| Program Services | 12576851 | ProgramServices |
| Management And General | 2934999 | ManagementAndGeneral |
| Fundraising | 517945 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2935262 | BOY |
| EOY | 1534046 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3544514 | BOY |
| EOY | 5635165 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1393431 | BOY |
| EOY | 831192 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47110 | BOY |
| EOY | 122139 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44925 | BOY |
| EOY | 55438 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 691156 | BOY |
| EOY | 498583 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 33746422 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 13732627 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19977191 | BOY |
| EOY | 20013795 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13674792 | BOY |
| EOY | 14814801 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2294740 | BOY |
| EOY | 2294740 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4145317 | BOY |
| EOY | 3642114 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48748438 | BOY |
| EOY | 49442013 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 690381 | BOY |
| EOY | 867339 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6688890 | BOY |
| EOY | 7539065 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12435000 | BOY |
| EOY | 12270000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152454 | BOY |
| EOY | 98501 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1855512 | BOY |
| EOY | 3323522 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21822237 | BOY |
| EOY | 24098427 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12911686 | BOY |
| EOY | 11687388 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4789984 | BOY |
| EOY | 4279453 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9224531 | BOY |
| EOY | 9376745 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26926201 | BOY |
| EOY | 25343586 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48748438 | BOY |
| EOY | 49442013 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 738592 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2321207 | ReconcilationOtherChanges |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 1 | NumberDAFsHeld |
| Donor Advised Contributions | 0 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 35000 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 380870 | AggregateDAFValue |
| Disclosed Orgs Legal Control | 0 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 0 | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15969532 | BeginningOfYearBalance |
| Contributions | 719117 | Contributions |
| Investment Earnings Or Losses | 606043 | InvestmentEarningsOrLosses |
| Other Expenditures | 185151 | OtherExpenditures |
| End Of Year Balance | 17109541 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10863832 | BeginningOfYearBalance |
| Contributions | 3551995 | Contributions |
| Investment Earnings Or Losses | 1593705 | InvestmentEarningsOrLosses |
| Other Expenditures | 40000 | OtherExpenditures |
| End Of Year Balance | 15969532 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5663623 | BeginningOfYearBalance |
| Contributions | 4637757 | Contributions |
| Investment Earnings Or Losses | 595252 | InvestmentEarningsOrLosses |
| Other Expenditures | 32800 | OtherExpenditures |
| End Of Year Balance | 10863832 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6248899 | BeginningOfYearBalance |
| Contributions | 752267 | Contributions |
| Investment Earnings Or Losses | -1304743 | InvestmentEarningsOrLosses |
| Other Expenditures | 32800 | OtherExpenditures |
| End Of Year Balance | 5663623 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.47490 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.34740 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.17770 | TermEndowmentEOYBalance |
| 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 | 101810 | OtherCostOrOtherBasis |
| Book Value | 101810 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30588628 | OtherCostOrOtherBasis |
| Depreciation | 11625442 | Depreciation |
| Book Value | 18963186 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2307516 | OtherCostOrOtherBasis |
| Depreciation | 1816054 | Depreciation |
| Book Value | 491462 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 748468 | OtherCostOrOtherBasis |
| Depreciation | 291131 | Depreciation |
| Book Value | 457337 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 20013795 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| PERPETUAL TRUST | 3046681 |
| ASSETS OF SPLIT INTEREST AGREEMENTS | 595433 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 3642114 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO LIFE BENEFICIARIES OF SPLIT INTEREST AGREEMENTS | $41,788 |
| FAIR VALUE OF INTEREST RATE SWAP AGREEMENT | $3,281,734 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3323522 | TotalOfAmounts |
| Total Revenue | 16768387 | TotalRevenue |
| Total Expenses | 16029795 | TotalExpenses |
| Excess Or Deficit For Year | 738592 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -86181 | NetUnrealizedGLOnInvestments |
| Other | -$2,235,026 | OtherAmount |
| Total Adjustments | -2321207 | TotalAdjustments |
| Excess Or Deficit Per FS | -1582615 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 13719037 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -3206687 | OtherRevenues |
| Revenue Not Rptd F990 | -3206687 | RevenueNotRptdF990 |
| Revenue Subtotal | 16925724 | RevenueSubtotal |
| Other Revenues Not Included | -157337 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -157337 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 16768387 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15301652 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2392363 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2392363 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12909289 | ExpensesSubtotal |
| Other Expenses Not Included | 3120506 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3120506 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 16029795 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE SCHOOL'S INTENDED USE OF ENDOWMENT FUNDS INCLUDES SCHOLARSHIP, FINANCIAL AID, FACULTY DEVELOPMENT, INVESTMENT IN PLANT AND VARIOUS OPERATIONAL NEEDS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | REALIZED AND UNREALIZED LOSSES ON INTEREST RATE SWAP -1,915,716. LOSS ON FIXED ASSET DISPOSAL -67,187. UNREALIZED LOSS ON SPLIT INTEREST -252,123. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,235,026. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID -3,120,506. UNREALIZED LOSSES -86,181. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD - BOOKSTORE -157,337. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD - BOOKSTORE 157,337. UNREALIZED AND REALIZED LOSSES ON ON INTEREST RATE SWAP AGREMENT 1,915,716. LOSS ON PROPERTY AND EQUIPMENT 67,187. DECREASE IN VALUE OF SPLIT INTEREST AGREEMENT 252,123. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 3,120,506. |
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 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | PUBLISHED NON-DISCRIMINATORY POLICY IN REGIONAL NEWSPAPERS | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|---|---|---|
| ASIA | 0 | 0 | RECRUITING FOR PROGRAM ENROLLMENT | 22050 | |
| EUROPE | 0 | 0 | RECRUITMENT FOR PROGRAM ENROLLMENT | 7250 | |
| SOUTH AMERICA | 0 | 0 | RECRUITING FOR PROGRAM ENROLLMENT | 7885 | |
| ASIA | 0 | 0 | PROGRAM ACTIVITIES | 51976 | ART SHOW AND FUNDRAISING MEETINGS |
| 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 | 89161 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 89161 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (5 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| FINANCIAL AID | EAST ASIA AND THE PACIFIC | 16 | 265530 | APPLIED TO STUDENT TUITION CHARGES |
| FINANCIAL AID | EUROPE | 13 | 36822 | APPLIED TO STUDENT TUITION CHARGES |
| FINANCIAL AID | NORTH AMERICA, CANADA, AND MEXICO | 2 | 42500 | APPLIED TO STUDENT TUITION CHARGES |
| FINANCIAL AID | SOUTH AMERICA | 1 | 36000 | APPLIED TO STUDENT TUITION CHARGES |
| FINANCIAL AID | AFRICA | 1 | 1029 | APPLIED TO STUDENT TUITION CHARGES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Form990 Schedule F Part V Form990ScheduleFPartV (3 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | SCHEDULE F, PART I, LINE 2: THE FUNDS AWARDED TO INDIVIDUALS OUTSIDE THE UNITED STATES REPRESENT FINANCIAL AID WHICH IS APPLIED BY THE SCHOOL DIRECTLY TO THE TUITION CHARGES OWED TO THE SCHOOL. THE INDIVIDUAL DOES NOT DIRECTLY RECEIVE THESE FUNDS. | |
| METHOD USED TO ACCCOUNT FOR EXPENDITURES: | SCHEDULE F, PART I, LINE 3: THE METHOD USED TO ACCOUNT FOR EXPENDITURES DISCLOSED IN THIS SCHEDULE IS THE ACCRUAL BASIS, CONSISTENT WITH THE AUDITED FINANCIAL STATEMENTS IN ACCORDANCE WITH GAAP. | |
| PROCEDURES FOR GRANT ELIGILIBILITY | SCHEDULE F, PART I, LINE 1: THE ORGANIZATION MAINTAINS FINANCIAL RECORDS FOR ALL FAMILIES THAT REQUEST ASSISTANCE AND UTILIZE THE COMPASSIST TOOL PROVIDED BY NAIS TO HELP DETERMINE THE AMOUNT OF ASSISTANCE REQUIRED BY A FAMILY. ALL DETERMINATIONS ARE MADE BY THE FINANCIAL AID COMMITTEE USING THE COMPASSIST CALCULATION, FINANCIAL RECORDS, AND ANY OTHER INFORMATION AVAILABLE. | SCHEDULE F, PART I. LINE 1 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 164 | NumberOfRecipients |
| Amount Of Cash Grant | 2738625 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
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: FINANCIAL AID AWARDS ARE APPLIED DIRECTLY TO THE STUDENT'S OUTSTANDING TUITION BILL. CASH PAYMENTS ARE NOT MADE DIRECTLY TO RECIPIENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| 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 | 1 | InitialContractException |
| Rebuttable Presumption Procedure | 1 | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANTONIO VIVA | NamePerson |
| Base Compensation Filing Org | 168465 | 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 | 9650 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 37789 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 215904 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE SCHOOL REQUIRES THAT THE HEAD OF SCHOOL LIVE ON CAMPUS IN SCHOOL PROVIDED HOUSING. IT IS NOT CONSIDERED A TAXABLE BENEFIT AS THE HOUSE IS AVAILABLE TO CONDUCT SCHOOL BUSINESS IN, EVEN IF THE HEAD IS NOT THERE. IN ADDITION, WHILE THE HEAD IS IN THE HOUSING, HE IS AVAILABLE TO ASSIST THE NEEDS OF THE SCHOOL SHOULD THEY ARISE OUTSIDE OF NORMAL BUSINESS HOURS. DUE TO THE RESIDENTIAL COMPONENT OF THE SCHOOL, IT IS CRITICAL THAT THE HEAD BE AVAILABLE AND PRESENT AS MUCH AS POSSIBLE. THE SCHOOL OWNS A JEEP THAT IS RESERVED FOR USE BY THE HEAD OF SCHOOL. THE CURRENT HEAD OF SCHOOL ALSO OWNS AN AUTO THAT IS USED FOR PERSONAL USE. WHILE USING THE SCHOOL'S JEEP, THE HEAD OF SCHOOL IS AVAILABLE FOR SCHOOL BUSINESS VIA PHONE OR EMAIL. ANY USE OF THE SCHOOL'S JEEP WHILE NOT AVAILABLE IS TO BE REPORTED TO THE BUSINESS OFFICE. |
| PART I, LINE 8 | THE COMPENSATION AND BENEFITS REPORTED ON SCHEDULE J FOR ANTONIO VIVA WERE PAID PURSUANT TO AN INITIAL EMPLOYMENT CONTRACT FOR HIS POSITION AS THE HEAD OF SCHOOL, COVERING THE PERIOD FROM JULY 1, 2010 THROUGH JUNE 30, 2012. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS STATE DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043438140 | IssuerEIN |
| CUSIP Number | 57583RE84 | CUSIPNumber |
| Date Issued | 2006-10-12 | DateIssued |
| Issue Price | 6000000 | IssuePrice |
| Description Of Purpose | TO ASSIST IN FINANCING THE NEW DORMITORY PROJECT | 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) |
|---|---|---|
| Amount Retired | 305000 | AmountRetired |
| Total Proceeds | 6000000 | TotalProceeds |
| Issuance Costs From Proceeds | 187072 | IssuanceCostsFromProceeds |
| Capital Expenditures | 5812928 | CapitalExpenditures |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 29.900000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Regulatory Safe Harbor Satisfied | 0 | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 88727 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV AT DONATION DATE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | FOR DONATIONS OF SECURITIES, IN ACCORDANCE WITH THE IRS INSTRUCTIONS, EACH SEPARATE GIFT IS TREATED AS AN ITEM, RATHER THAN EACH SHARE OF STOCK. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL CONSIST OF NOT LESS THAN FIVE NOR MORE THAN TWELVE TRUSTEES, AND SHALL INCLUDE THE PRESIDENT, VICE PRESIDENT, TREASURER AND CLERK, ALL OF WHICH ARE MEMBERS OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE GOVERNING BODY EXCEPT FOR THE ELECTION OF TRUSTEES, ELECTION OF OFFICERS, SELECTION OF THE HEAD OF SCHOOL OR AMENDING THE BYLAWS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | ALL MEMBERS OF THE GOVERNING BODY HAVE NOT RECEIVED A COPY OF THE 990 PRIOR TO ITS FILING. THE BOARD OF TRUSTEES HAS APPOINTED THE RESPONSIBILITY OF OBTAINING AND REVIEWING THE FORM 990 TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE HAS RECEIVED A COPY OF THE FORM 990, IN ITS ENTIRETY (WITH THE EXCEPTION OF SCHEDULE B), AND REVIEWED IT FOR COMPLETENESS AND ACCURACY, PRIOR TO IT BEING FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT THAT INDICATES THAT THEY HAVE READ, UNDERSTOOD AND AGREE TO THE SCHOOL'S CONFLICT OF INTEREST POLICY. FURTHER, THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS (AS DEFINED IN THE POLICY) AND/OR NOTIFY THE HEAD OF SCHOOL IF ANY ADDITIONAL ISSUES ARISE THROUGHOUT THE YEAR. THE POLICY IS ENFORCED AND MONITORED BY THE HEAD OF SCHOOL. AT JUNE 30, 2012, THE POLICY APPLIED ONLY TO TRUSTEES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES WILL DETERMINE COMPENSATION FOR THE HEAD OF SCHOOL AND OTHER OFFICERS USING THE FOLLOWING CRITERIA: 1. THE TRANSACTION IS APPROVED BY AN AUTHORIZED BODY OF THE ORGANIZATION, WHICH IS COMPOSED OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST CONCERNING THE TRANSACTION. 2. PRIOR TO MAKING ITS DETERMINATION, THE AUTHORIZED BODY OBTAINED AND RELIED UPON APPROPRIATE DATA AS TO COMPARABILITY. 3. THE AUTHORIZED BODY ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATION CONCURRENTLY WITH MAKING THAT DETERMINATION. THE DOCUMENTATION WILL INCLUDE: -THE TERMS OF THE APPROVED TRANSACTION AND THE DATE APPROVED; -THE MEMBERS OF THE AUTHORIZED BODY WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; -THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE AUTHORIZED BODY AND HOW THE DATA WAS OBTAINED; -ANY ACTIONS BY A MEMBER OF THE AUTHORIZED BODY HAVING A CONFLICT OF INTEREST; AND -DOCUMENTATION OF THE BASIS FOR THE DETERMINATION BEFORE THE LATER OF THE NEXT MEETING OF THE AUTHORIZED BODY OR 60 DAYS AFTER THE FINAL ACTIONS OF THE AUTHORIZED BODY ARE TAKEN AND APPROVAL OF RECORDS AS REASONABLE, ACCURATE AND COMPLETE WITHIN A REASONABLE TIME THEREAFTER. THIS POLICY WAS LAST UTILIZED IN THE SPRING OF 2012 TO DETERMINE THE HEAD OF SCHOOL'S FY13 SALARY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART VI, SECTION B, QUESTION #14 | A DOCUMENT RETENTION AND DESTRUCTION POLICY WAS IN PLACE DURING FY 2012, HOWEVER IT WAS NOT ADOPTED BY THE BOARD UNTIL FISCAL 2013. | DOCUMENT RETENTION AND DESTRUCTION POLICY |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -86,181. REALIZED AND UNREALIZED LOSSES ON INTEREST RATE SWAP -1,915,716. LOSS ON FIXED ASSET DISPOSAL -67,187. UNREALIZED LOSS ON SPLIT INTEREST -252,123. TOTAL TO FORM 990, PART XI, LINE 5: -2,321,207. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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