2012-03-01T10:45:26-06:00 2011-06-30 CROWE HORWATH LLP 9600 Brownsboro Road Suite 400 Louisville KY 402411122 990 2010-07-01 314379452 COLUMBUS SCHOOL FOR GIRLS COLU 6142520781 56 S Columbia Avenue Columbus OH 43209 JANE GIBSON 2012-01-25 true 5023263996 2010 2016-02-24 21:20:13Z MRS ELIZABETH LEE 80 S Columbia Avenue Columbus OH 43209 21164768 false X WWW.COLUMBUSSCHOOLFORGIRLS.ORG X 1898 OH COLUMBUS SCHOOL FOR GIRLS (CSG) EMBARKED ON THE LANDMARK CAPITAL CAMPAIGN PROJECT TO BUILD A WELLNESS CENTER AND THEATER TO KEEP CSG AT THE FOREFRONT OF GIRLS' EDUCATION. OUR GIRLS ARE OUR LEGACY AND CSG IS OUR LANDMARK. PLEASE NOTE THE INCREASE OF $5,242,203 IN REVENUE IS DUE TO THE CAPITAL CAMPAIGN GIFTS AND PLEDGES. 34 32 326 250 0 0 1492955 6224026 11930930 11912344 203568 467751 475 -404 13627928 18603717 1396445 1326142 0 0 9543928 9106680 139574 63021 435443 4209094 4342529 15289041 14838372 -1661113 3765345 32183197 38885669 6889885 6426725 25293312 32458944 X IN FULFILLMENT OF OUR MISSION AND PHILOSOPHY WE STRIVE TO EMBRACE THE VITALITY OF A DIVERSE COMMUNITY AND PROVIDE A CURRICULUM THAT REFLECTS MULTIPLE CULTURES AND GLOBAL CONNECTEDNESS; DEVELOP LEADERSHIP CAPACITY AND INSTILL A COMMITMENT TO SOCIAL AND CIVIC RESPONSIBILITY AND LIFELONG SERVICE TO OTHERS; (CONTINUED IN SCHEDULE O) false 9951409 0 9877557 COLUMBUS SCHOOL FOR GIRLS (CSG) IS A COLLEGE PREPARATORY DAY SCHOOL SERVING CENTRAL OHIO STUDENTS FROM INFANCY THROUGH FORM XII. CSG REMAINS COMMITTED TO ITS FUNDAMENTAL VALUES: SEPARATE EDUCATION FOR WOMEN, CHALLENGING PREPARATION FOR COLLEGE, SUPPORTIVE RELATIONSHIPS, DIVERSITY, AND EXCELLENCE IN ALL ENDEAVORS. BY OFFERING ACADEMIC EXCELLENCE IN A SINGLE-SEX ENVIRONMENT, CSG MAKES A UNIQUE CONTRIBUTION TO THE EDUCATIONAL CHOICES AVAILABLE IN THE COMMUNITY. IN ORDER TO SUCCEED WITH ITS MISSION, CSG SPENDS 57% OR $6,882,731 OF EXPENSES ON SALARY AND BENEFITS. CSG NEEDS THE BEST EMPLOYEES TO EDUCATE OUR STUDENTS AND PREPARE THEM TO ENTER THE PREMIER COLLEGES IN THE U.S. 1326142 1326142 1326142 COLUMBUS SCHOOL FOR GIRLS AWARDS FINANCIAL AID TO STUDENTS BASED ON THE FAMILY'S ECONOMIC NEEDS. AN INDEPENDENT SERVICE IS USED TO ASSESS THE FINANCIAL NEEDS OF THE FAMILY. THIS SERVICE IS SIMILAR TO SERVICES USED BY OTHER INDEPENDENT PRIVATE SCHOOLS, COLLEGES, AND UNIVERSITIES. FINANCIAL AID WAS AWARDED TO 113 STUDENTS IN THE AMOUNT OF $1,005,532 DURING THE 2010-2011 SCHOOL YEAR. CSG ALSO AWARDS TUITION REMISSION TO 29 FACULTY AND STAFF CHILDREN. THE TUITION REMISSION TO FACULTY AND STAFF CHILDREN WAS $320,610. THE TOTAL FINANCIAL AWARD FOR THE 2010-2011 SCHOOL YEAR WAS $1,326,142, OR 9% OF TOTAL EXPENSES. 776680 0 746983 CSG OFFERS A CHALLENGING, DEVELOPMENTALLY-APPROPRIATE ACADEMIC PROGRAM IN A SUPPORTIVE ENVIRONMENT; PROVIDES A VARIETY OF TEACHING TECHNIQUES TO REFLECT MULTIPLE LEARNING STYLES; ADDRESSES THE CRUCIAL ISSUES OF WOMEN'S EDUCATION, INCLUDING THE COURAGE TO EXPLORE NEW ADVENTURES AND THE DEVELOPMENT OF LEADERS; PREPARES ALL STUDENTS FOR AN INCREASINGLY TECHNOLOGICAL AND GLOBAL SOCIETY, FOSTERS IN EACH GIRL CONFIDENCE, A LOVE OF LEARNING, AESTHETIC UNDERSTANDING, DESIRE FOR HEALTH AND FITNESS, AND A COMMITMENT TO SOCIAL RESPONSIBILITY; ENSURES DIVERSITY IN BOTH STUDENT AND ADULT POPULATIONS THAT REFLECTS AND EMBRACES THE GREATER COLUMBUS COMMUNITY; ENGAGES THE WHOLE SCHOOL COMMUNITY IN THE CHALLENGE AND EXCITEMENT OF STRIVING FOR EXCELLENCE; AND MAINTAINS A POSITION OF EDUCATIONAL LEADERSHIP WITHIN OUR COMMUNITY. 12054231 true true false false false false false false true true false false false true true true false true false false false false true true false false false true true false false false false true false false true true false false false false true true false false false true 56 0 true 326 true false false false false false true true false false false false X 34 32 false false false false false false false true true false false true true true true true true true true false OH X JANE GIBSON 6142520781 56 S COLUMBIA AVENUE COLUMBUS OH 43209 ELIZABETH CARLIN 1 X 0 0 0 DAWN GAINES WHITMORE 1 X 0 0 0 TOM O'HARA 1 X 0 0 0 MILTON BAUGHMAN 1 X 0 0 0 LEIGH ANN WOBST 1 X 0 0 0 LISA HINSON 1 X 0 0 0 SARAH ZIEGLER 1 X 0 0 0 NANCY JEFFREY 1 X 0 0 0 ELIZABETH LEE 40 X 240229 0 31000 TIM FABER 1 X X 0 0 0 TERRY SANDERS 1 X 0 0 0 ROBERT MILBOURNE 1 X 0 0 0 TOM BRIGDON 1 X 0 0 0 SUSAN TOMASKY 1 X X 0 0 0 KIM WILSON 1 X 0 0 0 BETH CRANE 1 X X 0 0 0 DENISE GLIMCHER 1 X 0 0 0 MAY ZIA 1 X 0 0 0 STEPHANIE HIGHTOWER 1 X 0 0 0 JANE GIBSON 40 X 104088 0 13243 LAVEA BRACHMAN 1 X 0 0 0 TIM MILLER 1 X 0 0 0 BRIAN TIERNEY 1 X 0 0 0 ROCKY ROBINS 1 X 0 0 0 JEFF HENDERSON 1 X 0 0 0 BERNIE OSTROWSKI 1 X X 0 0 0 GORDON GEE 1 X 0 0 0 TERRIE HALE SCHECKELHOFF 40 X 133301 0 13216 GLENDA HARRISON 1 X 0 0 0 SARAH BENSON HEINRICHS 1 X 0 0 0 JOHN P KENNEDY 1 X 0 0 0 PAMELA PHILLIPS MD 1 X 0 0 0 BABETTE T GORMAN 1 X 0 0 0 LAURIE DESAI 1 X 0 0 0 LEE ANN HADLEY 1 X 0 0 0 TOM SKOULIS 1 X 0 0 0 KATE CARLIN GILLER 1 X 0 0 0 JENNIFER WOOD 1 X 0 0 0 JOAN HILL 40 X 100365 0 10842 577983 0 68301 5 false true false DESIGN GROUP 515 E MAIN STREET COLUMBUS OH 43215 ARCHITECT FIRM 696067 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 580092 OHIO CUSTODIAL MAINTENANCE PO BOX 711811 COLUMBUS OH 43271 JANITORIAL SERVICES 181345 CHARTWELL PO BOX 91337 CHICAGO IL 60693 FOOD SERVICE 112382 MJW GRAPHICS PRINTING PO BOX 1464 REYNOLDSBURG OH 43068 PRINTING SERVICES 104738 5 0 0 119650 12500 159290 5932586 331364 6224026 TUITION & FEES 11064693 11064693 AUXILIARY SERVICES 746983 746983 STUDENT FEES 100668 100668 0 0 0 0 11912344 281363 281363 0 0 62750 170075 -107325 0 -107325 -107325 2523206 2336818 186388 0 186388 186388 122741 119650 54158 68583 68583 0 0 0 0 STUDENT TRANSPORTATION 20525 20525 OTHER REVENUE 17813 17813 0 0 0 0 0 38338 18603717 11950682 0 429009 0 1326142 1326142 0 0 388560 185138 203422 0 6961233 5586750 1272844 101639 434321 333107 93976 7238 810679 595497 200177 15005 511887 367377 128172 16338 0 27992 27992 51750 51750 0 63021 63021 63740 63740 264774 189737 75037 186750 186750 1120493 1120493 168918 168918 0 262289 262289 178382 175901 2481 0 0 13432 13432 0 745182 745182 60641 60641 SUMMER SCHOOL 359034 359034 STUDENT ACTIVITIES 332519 332519 AFTER HOURS PROGRAM 85127 85127 BAD DEBT EXPENSE 38638 38638 FACULTY DEVELOPMENT 56614 56614 326254 297474 0 28780 14838372 12054231 2348698 435443 0 516419 193311 86321 17864 3681028 84715 88222 29298 15321 166511 36819 22671700 11358863 10542482 11312837 20674069 23456885 0 0 0 0 83382 83382 32183197 38885669 1579347 1252137 1538293 1491058 1621538 1801988 1800000 1538100 350707 343442 6889885 6426725 X 2211879 2859370 7167657 13629031 15913776 15970543 25293312 32458944 32183197 38885669 X 3765345 3400287 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 21253669 56767 3747078 1044613 24012901 19587359 22109 2762896 1118695 21253669 24942162 84038 -4292598 1146243 19587359 0.00000 1.00000 0.00000 true false 3136912 3136912 15969870 9000536 6969334 660446 588872 71574 2904472 1769455 1135017 0 11312837 0 CHARITABLE GIFT ANNUITIES 141361 CUSTODIAL LIABILITIES 119526 UNREALIZED LOSS ON SWAP AGREEMENT 82555 343442 18603717 14838372 3765345 3353714 46573 3400287 7165632 20721176 3353714 170075 3523789 17197387 63740 1342590 1406330 18603717 13555544 170075 170075 13385469 63740 1389163 1452903 14838372 Intended uses of endowment funds Schedule D, Part V, Line 4 COLUMBUS SCHOOL FOR GIRLS ENDOWMENT FUNDS ARE TO SUSTAIN THE SCHOOL FOR FUTURE GENERATIONS, WHILE PROVIDING FOR CURRENT STUDENTS WITH FINANCIAL AID SCHOLARSHIPS AND OTHER DONOR DESIGNATED GIFTS. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2011 OR 2010. THE SCHOOL WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE SCHOOL HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEARS ENDED JUNE 30, 2011 OR 2010. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2008. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. Other changes in net assets Schedule D, Part XI, Line 8 FAIR VALUE OF INTEREST RATE SWAP - -746; CHANGE IN VALUE OF SPLIT INTEREST - -15702; PROFESSIONAL FUNDRAISING FEES - 63021; Other revenues in audited financial statements not in form 990 Schedule D, Part XII, Line 2d RENTAL EXPENSE - 170075; Other revenues in form 990 not in audited financial statements Schedule D, Part XII, Line 4b FINANCIAL AID - 1326142; FAIR VALUEOF INTEREST RATE SWAP - 746; CHANGE IN VALUE OF SPLIT INTEREST - 15702; Other expenses in audited financial statements not in form 990 Schedule D, Part XIII, Line 2d RENTAL EXPENSE - 170075; Other expenses in form 990 not in audited financial statements Schedule D, Part XIII, Line 4b FINANCIAL AID - 1326142; PROFESSIONAL FUNDRAISING FEES - 63021; true true true true true true true false false false false false false false false true false true Financial aid or assistance from a governmental agency Schedule E, Line 6a COLUMBUS SCHOOL FOR GIRLS RECIEVES STATE MANDATED FUNDS FROM THE STATE OF OHIO. X X X X X X true KELLOGG ORGANIZATION 825 EAST SPEER BOULEVARD STE 100-D DENVER CO 80218 CAPITAL CAMPAIGN false 1303554 63021 1240533 1303554 63021 1240533 JUBILEE 242391 119650 122741 20274 4116 700 29068 0 0 242391 119650 122741 0 0 20274 4116 700 29068 54158 68583 PROFESSIONAL FUNDRAISERS SCHEDULE G, PART I COLUMBUS SCHOOL FOR GIRLS (CSG) ENTERED INTO A CONTRACT WITH KELLOGG ORGANIZATION TO CREATE A CAPITAL CAMPAIGN FEASIBILITY STUDY AND CONSULT WITH CSG'S DEVELOPMENT OFFICE IN PREPARATION FOR A CAPITAL CAMPAIGN. KELLOGG ORGANIZATION FEES FOR THE 2010-2011 SCHOOL YEAR ARE $63,021 FOR CONSULTING WORK. THE CAPITAL CAMPAIGN OCCURRED DURING JULY 2010 THROUGH MARCH 2011. THE KELLOGG ORGANIZATION IS NOT REGISTERED IN THE STATE OF OHIO BECAUSE IT IS NOT REQUIRED. true TUITION REIMBURSEMENT 29 320610 FINANCIAL AID 113 1005532 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE ADMISSION AND DEVELOPMENT OFFICES WORK CLOSELY TOGETHER WHEN AWARDING A NAMED SCHOLARSHIP TO A STUDENT. THE PARENTS SEND THE PARENT FINANCIAL FORM AND TAX FORMS TO THE SCHOOLS AND STUDENT SERVICES MODULE LOCATED ON THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS WEBSITE. COLUMBUS SCHOOL FOR GIRLS (CSG) RECEIVES A REPORT BASED ON PARENT INCOME AND EXPENSES OF THE AMOUNT THEY ARE ABLE TO AFFORD FOR INDEPENDENT SCHOOL TUITION. CSG'S FINANCIAL AID COMMITTEE REVIEWS THE PARENT INFORMATION AND GRANTS AS APPROXIMATELY 80% OF THE NEED. THESE GRANTS ARE ENTERED INTO THE SR. SYSTEM FINANCIAL AID SOFTWARE, WHICH FLOWS INTO THE ACCOUNTS RECEIVABLE MODULE. THE TOTAL FINANCIAL AID IS BASED ON A BUDGET NUMBER THAT IS ON CSG'S FINANCIAL STATEMENT. IF, IN THE RARE INSTANCE, CSG REQUESTED THAT A STUDENT LEAVE, THEN THAT PORTION OF THE FINANCIAL AID WOULD BE DESIGNATED BACK INTO THE FINANCIAL AID FUNDS. X true true X X X false false false false false false false false false ELIZABETH LEE 240000 0 0 0 229 0 12000 0 19000 0 271229 0 0 0 Housing allowance or residence for personal use Schedule J, Part I, Line 1a THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS. THIS BENEFIT IS CONSIDERED NONTAXABLE PURSUANT TO IRC SECTION 119. AN ESTIMATED VALUE OF THE BENEFIT WAS REPORTED FOR ELIZABETH LEE IN THE AMOUNT OF $19,000. SEE PART V 2000 SEE PART V 8950 SEE PART V 1538 AMERICAN ELECTRIC POWER SUSAN TOMASKY, CHAIR OF THE BOARD, AND BRIAN TIERNEY, BOARD MEMBER, SERVE AS OFFICERS OF AEP 160425 UTILITIES false GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART III, LINE 2 SUSAN B. ALTAN ADMINISTRATOR AWARD IN THE AMOUNT OF $2,000 GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART III, LINE 1 AND 3 COLUMBUS SCHOOL FOR GIRLS OFFERS A 25% 3RD AND 4TH CHILD DISCOUNT ON TUITION AND A LUNCH CREDIT FOR CHILDREN WHO HAVE TO BRING THEIR OWN LUNCH FOR SPECIAL DIET NEEDS THAT THE CAFETERIA MAY NOT OFFER . CURRENTLY $8,950 OF DISCOUNTED TUITION AND $1,538 OF LUNCH CREDIT ARE BEING RECEIVED BY FAMILY MEMBERS OF INTERESTED PERSONS. X 8 319974 MARKET VALUE X AUCTION ITEMS 17 11390 COST 0 false true false BRIEF MISSION FORM 990, PART I, LINE 1 (CONTINUED FROM PART I) COLUMBUS SCHOOL FOR GIRLS, A COLLEGE PREPARATORY SCHOOL FOUNDED IN 1898, IS DEDICATED TO GIRLS' INTELLECTUAL, SOCIAL, AND ETHICAL GROWTH FROM INFANCY THROUGH TWELFTH GRADE. THE SCHOOL IS CHARACTERIZED BY CHALLENGING ACADEMICS, ENRICHING ARTS AND ATHLETICS, SUPPORTIVE RELATIONSHIPS, AND A RANGE OF DIVERSITY. WE ENCOURAGE GIRLS AND YOUNG WOMEN TO DISCOVER THEIR DISTINCTIVE POTENTIAL AND TO STRIVE FOR EXCELLENCE AMID THE CHALLENGES AND OPPORTUNITIES OF A GLOBAL AND DYNAMIC WORLD. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 (CONTINUED FROM PART III) CULTIVATE HONESTY, INTEGRITY, RESPONSIBILITY, AND ETHICAL BEHAVIOR WITHIN ALL STUDENTS; DEVELOP CONFIDENCE AND COURAGE IN STUDENTS, ENABLING THEM TO RESPECT AND HONOR THE OPINIONS OF OTHERS; UTILIZE A VARIETY OF PROGRESSIVE AND DIFFERENTIATED TEACHING TECHNIQUES TO SUPPORT THE MULTIPLE LEARNING STYLES OF STUDENTS; HONOR THE TRADITIONS THAT SUPPORT A STRONG CHARACTER FOUNDATION AND VALUE THE SCHOOL'S HERITAGE, WHILE ALSO ESTABLISHING NEW TRADITIONS THAT EMBRACE AND REPRESENT AN EVER-CHANGING WORLD; FOSTER STRONG AND ENDURING RELATIONSHIPS BASED ON MUTUAL RESPECT AND UNDERSTANDING; PROVIDE OPPORTUNITIES FOR COLLABORATION AMONG STUDENTS, TEACHERS, AND THE COMMUNITY TO DEEPEN LEARNING AND BROADEN PERSPECTIVES; AND ENCOURAGE A LOVE OF LEARNING AND INSPIRE PRIDE IN ACHIEVEMENT. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b A BOARD SUMMARY REPORT AND A DRAFT COPY OF THE ORGANIZATION'S FORM 990 (INCLUDING REQUIRED SCHEDULES), WILL BE PRESENTED TO THE MEMBERS OF THE FINANCE COMMITTEE BY THE TAX PREPARER ON DECEMBER 7, 2011. AFTER REVIEW AND UPDATES WERE MADE TO THE RETURN, THE FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) WILL BE PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO ITS FILING WITH THE IRS ON JANUARY 19, 2012. Conflict of interest policy Form 990, Part VI, Section B, Line 12c ALL BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. IF A CONFLICT ARISES, IT IS NOTED AND REVIEWED BY THE BOARD TO DETERMINE IF ANY ACTION NEEDS TO BE TAKEN. INDIVIDUALS WITH CONFLICTS ABSTAIN FROM VOTING ON SUCH MATTERS. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE HEAD OF SCHOOL SALARY IS ESTABLISHED BY A BOARD OF TRUSTEES COMMITTEE. THE COMMITTEE GATHERS INFORMATION FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS SALARY DATA, WHICH IS ITEMIZED BY SIZE OF SCHOOL AND NATIONAL REGION. THE PROCESS WAS DONE IN NOVEMBER, 2008, WHEN THE SCHOOL HIRED A NEW HEAD OF SCHOOL. THE COMPENSATION INFORMATION IS DOCUMENTED IN THE WRITTEN EMPLOYMENT CONTRACT. A THREE YEAR CONTRACT WAS SIGNED AND BECAME EFFECTIVE ON JULY 1, 2009 TO JUNE 30, 2012. THE HEAD OF SCHOOL SALARY HAS NOT CHANGED SINCE JULY 1, 2009. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE OFFICERS COMPENSATION IS BASED ON AN ANNUAL SALARY INCREASE APPROVED EACH YEAR BY THE BOARD OF TRUSTEES. THE SALARY INCREASE IS DETERMINED THROUGH THE BUDGET PROCESS. THE BUDGET PROCESS STARTS IN THE BUSINESS OFFICE BY ESTABLISHING A TARGET STUDENT ENROLLMENT NUMBER, TUITION INCREASE, AND SALARY INCREASE. CSG IS A MEMBER OF OHIO ASSOCIATION OF INDEPENDENT SCHOOLS (OAIS). ANNUALLY ALL BUSINESS MANAGERS MEET TO DISCUSS AND SHARE CURRENT AND PAST SCHOOL INFORMATION, SUCH AS ENROLLMENT, TUITION, FINANCIAL AID, ENDOWMENT, BUILDING INSURANCE, SALARY, AND BENEFITS. THE ORGANIZATION USES OAIS COMPARATIVE INFORMATION AS A GUIDELINE AS WE ESTABLISH THE NEXT SCHOOL YEAR'S BUDGET. A DRAFT BUDGET IS PRESENTED TO THE BOARD FINANCE COMMITTEE. THE FINANCE COMMITTEE RECOMMENDS APPROVAL TO THE BOARD EXECUTIVE COMMITTEE, AND THEY RECOMMEND THE BUDGET TO THE BOARD OF TRUSTEES. EXECUTIVE AND BOARD MINUTES RECORD THE TUITION AND SALARY INCREASE. THE 2010-2011 SCHOOL BUDGET, STARTS ON JULY 1, 2010 AND ENDING ON JUNE 30, 2011. THE PROCESS STARTED IN OCTOBER OR NOVEMBER, 2009. THE FINAL BUDGET IS NOT SET UNTIL THE FIRST DAY OF SCHOOL, AUGUST, 2010, BECAUSE A DEFINITE STUDENT ENROLLMENT NUMBER IS KNOWN. Public Disclosure Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 3353714; FAIR VALUE OF INTEREST RATE SWAP - -746; CHANGE IN VALUE OF SPLIT INTEREST - -15702; PROFESSIONAL FUNDRAISING FEES - 63021; ALUMNAE ASSOCIATION OF THE CSG 56 SOUTH COLUMBIA AVENUE COLUMBUS OH 43209 310950006 SUPPORT CSG OH 501(C)(3) 11 - Type II NA false false true false false false false false false false false false false false false false false false