GREENWICH ACADEMY INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GREENWICH ACADEMY INC (EIN 06-0653118)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-16
- IRS object ID
- 201241379349300939
- Schema version
- 2010v3.7
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-16T09:20:23-04:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Financial Plaza | AddressLine1 |
| City | Hartford | City |
| State | CT | State |
| ZIP Code | 061032608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060653118 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GREENWICH ACADEMY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GREE | NameControl |
| Phone | 2036258910 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 NORTH MAPLE AVENUE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 068304799 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONNA MATHESON | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2035524408 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | kpmg | Name |
| Phone | 8605223200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MOLLY H KING | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 NORTH MAPLE AVENUE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 06830 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 55524021 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GREENWICHACADEMY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1924 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE SCHOOL IS TO PROVIDE A CHALLENGING, COMPREHENSIVE EDUCATIONAL EXPERIENCE FOR GIRLS/YOUNG WOMEN GROUNDED IN A RIGOROUS LIBERAL ARTS CURRICULUM WITHIN AN INCLUSIVE, DIVERSE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 230 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 553920 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -147281 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8817777 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12927423 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 27409776 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 28506400 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1044250 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1609955 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 653888 | OtherRevenuePriorYear |
| Other Revenue Current Year | 715777 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 37925691 | TotalRevenuePriorYear |
| Total Revenue Current Year | 43759555 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4775870 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4625583 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18184756 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 19418240 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1164265 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15101820 | OtherExpensePriorYear |
| Other Expenses Current Year | 14908184 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38062446 | TotalExpensesPriorYear |
| Total Expenses Current Year | 38952007 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -136755 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4807548 | RevenuesLessExpensesCY |
| Total Assets BOY | 175972337 | TotalAssetsBOY |
| Total Assets EOY | 183084354 | TotalAssetsEOY |
| Total Liabilities BOY | 69720623 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 69187839 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 106251714 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 113896515 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 32157326 | Expense |
| Grants | 4625583 | Grants |
| Revenue | 28239768 | Revenue |
| Description | GREENWICH ACADEMY IS A COLLEGE-PREPARATORY DAY SCHOOL SERVING GIRLS IN GRADES PRE-KINDERGARTEN THROUGH GROUP XII. ALL EXPENDITURES FOR COMPENSATION AND OTHER EXPENSES ARE IN SUPPORT OF INSTRUCTIONAL AND INSTITUTIONAL ACTIVITIES. THIS INCLUDES THE INSTRUCTION OF APPROXIMATELY 800 GIRLS BY 221 FULL-TIME AND PART-TIME FACULTY AND STAFF. | Description |
| Total Program Service Expense | 32157326 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 12 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 230 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHELLE SUMMERS | NamePerson |
| Telephone Number | 2036258985 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 NORTH MAPLE AVENUE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 06830 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| RICHARD L CHILTON JR | ||||||||
| CHAIRMAN | 15.0 | X | X | 0 | 0 | 0 | ||
| J TIMOTHY MORRIS | ||||||||
| TREASURER | 5.0 | X | X | 0 | 0 | 0 | ||
| MARY LEE A KIERNAN | ||||||||
| TRUSTEE-EXECUTIVE COMMITTEE | 5.0 | X | X | 0 | 0 | 0 | ||
| JAMES R MATTHEWS | ||||||||
| TRUSTEE-EXECUTIVE COMMITTEE | 5.0 | X | X | 0 | 0 | 0 | ||
| WENDELL L WILLKIE II | ||||||||
| TRUSTEE-EXECUTIVE COMMITTEE | 5.0 | X | X | 0 | 0 | 0 | ||
| BRETT BARAKETT | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SUZANNE SAMMIS CABOT | ||||||||
| ALUMNAE ASSOCIATION PRESIDENT | 1.0 | X | 0 | 0 | 0 | |||
| SUSAN CARMICHAEL | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| HALEY ROCKWELL ELMLINGER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| TIMOTHY M GEORGE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SAMANTHA JANSSON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ANNE WALLACE JUGE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RENE M KERN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DOUGLAS R KORN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ALLISON LAKE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ELIZABETH DARST LEYKUM | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DEE MAYBERRY | ||||||||
| PARENTS ASSOCIATION PRESIDENT | 1.0 | X | 0 | 0 | 0 | |||
| PAMELA MCKOIN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| J WILLIAM MCMAHON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ANTHONY J NOTO | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| LINDA D O'NEILL | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BARNETT D OSMAN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| LINDA C REALS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RALPH REYNOLDS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BARBARA M RILEY | ||||||||
| EX OFFICIO | 1.0 | X | 0 | 0 | 0 | |||
| DAVID I STEMERMAN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JEFFREY A WOLFSON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ALLISON J WOLOWITZ | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MOLLY H KING | ||||||||
| HEAD OF SCHOOL | 40.0 | X | 503807 | 0 | 144065 | |||
| MARK FEINER | ||||||||
| ASSISTANT HEAD OF SCHOOL | 40.0 | 183144 | 0 | 79904 | X | |||
| DONNA BYRNES | ||||||||
| DIRECTOR OF ADVANCEMENT | 40.0 | 200027 | 0 | 27219 | X | |||
| JEANETTE DUPLOY | ||||||||
| HEAD OF LOWER SCHOOL | 40.0 | 185237 | 0 | 20777 | X | |||
| ABBY KATZ | ||||||||
| DIRECTOR OF ADMISSIONS | 40.0 | 115715 | 0 | 101603 | X | |||
| GERALYN STAAB | ||||||||
| ASSOC DIRECTOR OF ADVANCEMENT | 40.0 | 112123 | 0 | 82593 | X | |||
| THOMAS SULLIVAN | ||||||||
| HEAD OF UPPER SCHOOL | 40.0 | 118228 | 0 | 77099 | X | |||
| REBECCA WALKER | ||||||||
| HEAD OF MIDDLE SCHOOL | 40.0 | 158362 | 0 | 82333 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1576643 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 615593 | TotalOtherCompensation |
| Number Individuals GT100 K | 27 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO | |||||
| PO BOX 360170 | PITTSBURGH | PA | 152516170 | FACILITIES CONTRACT | 1283082 |
| CHARTWELLS DINING SERVICES | |||||
| 91337 COLLECTION DRIVE | CHICAGO | IL | 606931337 | FOOD SERVICE | 993707 |
| CEBULSKI CONSTRUCTION COMPANY INC | |||||
| 651 LINDLEY STREET | BRIDGEPORT | CT | 06606 | CONSTRUCTION | 871376 |
| CEH DESIGN | |||||
| 4 JACKLIN ROAD | BETHEL | CT | 06801 | GRAPHIC DESIGN/PRINT | 180644 |
| KPMG LLP | |||||
| 345 PARK AVENUE | NEW YORK | NY | 10154 | ACCOUNTING | 158948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Fundraising Events | 460368 | FundraisingEvents |
| All Other Contributions | 12467055 | AllOtherContributions |
| Noncash Contributions | 326245 | NoncashContributions |
| Total Contributions | 12927423 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 611710 | 25539523 | 25539523 | |
| OTHER PROGRAMS & ACTIVITIES FEES | 900099 | 2966877 | 2416140 | 550737 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 28506400 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1525497 | TotalRevenueColumn |
| Unrelated Business Revenue | 3183 | UnrelatedBusinessRevenue |
| Exclusion | $1,522,314 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3016 | TotalRevenueColumn |
| Exclusion | $3,016 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 411669 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 137743 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 273926 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 273926 | TotalRevenueColumn |
| Exclusion | $273,926 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11106453 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11025011 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 81442 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 81442 | TotalRevenueColumn |
| Exclusion | $81,442 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 208329 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 540996 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 208329 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 80000 | GrossIncomeGaming |
| Gaming Direct Expenses | 30372 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 49628 | TotalRevenueColumn |
| Exclusion | $49,628 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 471129 | GrossSalesOfInventory |
| Cost Of Goods Sold | 363011 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 108118 | TotalRevenueColumn |
| Exclusion | $108,118 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 284105 | TotalRevenueColumn |
| Related Or Exempt Function Income | 284105 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 284105 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43759555 | TotalRevenueColumn |
| Related Or Exempt Function Income | 28239768 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 553920 | UnrelatedBusinessRevenue |
| Exclusion | $2,038,444 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4625583 | Total |
| Program Services | 4625583 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1961012 | Total |
| Program Services | 543841 | ProgramServices |
| Management And General | 1380196 | ManagementAndGeneral |
| Fundraising | 36975 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13772409 | Total |
| Program Services | 11790612 | ProgramServices |
| Management And General | 1343852 | ManagementAndGeneral |
| Fundraising | 637945 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1151605 | Total |
| Program Services | 954395 | ProgramServices |
| Management And General | 134779 | ManagementAndGeneral |
| Fundraising | 62431 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1433379 | Total |
| Program Services | 1214145 | ProgramServices |
| Management And General | 169055 | ManagementAndGeneral |
| Fundraising | 50179 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1099835 | Total |
| Program Services | 900236 | ProgramServices |
| Management And General | 155289 | ManagementAndGeneral |
| Fundraising | 44310 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100431 | Total |
| Management And General | 100431 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76047 | Total |
| Management And General | 76047 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207750 | Total |
| Management And General | 207750 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 300809 | Total |
| Management And General | 287668 | ManagementAndGeneral |
| Fundraising | 13141 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1091610 | Total |
| Program Services | 895051 | ProgramServices |
| Management And General | 140817 | ManagementAndGeneral |
| Fundraising | 55742 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2548295 | Total |
| Program Services | 2185228 | ProgramServices |
| Management And General | 299535 | ManagementAndGeneral |
| Fundraising | 63532 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2475726 | Total |
| Program Services | 2214379 | ProgramServices |
| Management And General | 209078 | ManagementAndGeneral |
| Fundraising | 52269 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273592 | Total |
| Program Services | 245683 | ProgramServices |
| Management And General | 26739 | ManagementAndGeneral |
| Fundraising | 1170 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2006953 | Total |
| Program Services | 2006953 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4222464 | Total |
| Program Services | 3800218 | ProgramServices |
| Management And General | 337797 | ManagementAndGeneral |
| Fundraising | 84449 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 306337 | Total |
| Management And General | 300210 | ManagementAndGeneral |
| Fundraising | 6127 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MAINTENANCE FOR COWAN CENTER | 277098 | 277098 | ||
| EARLY CHILDHOOD/SUMMER PGMS | 250124 | 250124 | ||
| PARENTS ASSOCIATION | 314677 | 314677 | ||
| STRATEGIC PLANNING | 35728 | 35728 | ||
| CAPITAL CAMPAIGN | 42794 | 42794 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 377749 | Total |
| Program Services | 218052 | ProgramServices |
| Management And General | 146496 | ManagementAndGeneral |
| Fundraising | 13201 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38952007 | Total |
| Program Services | 32157326 | ProgramServices |
| Management And General | 5630416 | ManagementAndGeneral |
| Fundraising | 1164265 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000 | BOY |
| EOY | 2000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14611876 | BOY |
| EOY | 15209491 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3054388 | BOY |
| EOY | 7506725 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 459937 | BOY |
| EOY | 660884 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1236800 | BOY |
| EOY | 1177800 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160646 | BOY |
| EOY | 233234 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 362582 | BOY |
| EOY | 459402 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 114690420 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 33855671 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83481716 | BOY |
| EOY | 80834749 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41709053 | BOY |
| EOY | 44930148 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28895928 | BOY |
| EOY | 30161879 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1994411 | BOY |
| EOY | 1908042 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175972337 | BOY |
| EOY | 183084354 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2865104 | BOY |
| EOY | 3363534 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10908970 | BOY |
| EOY | 11349408 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55540279 | BOY |
| EOY | 54202169 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194007 | BOY |
| EOY | 145447 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 212263 | BOY |
| EOY | 127281 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69720623 | BOY |
| EOY | 69187839 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79830395 | BOY |
| EOY | 82502238 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10814733 | BOY |
| EOY | 15874469 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15606586 | BOY |
| EOY | 15519808 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106251714 | BOY |
| EOY | 113896515 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175972337 | BOY |
| EOY | 183084354 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4807548 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2837253 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 66697689 | BeginningOfYearBalance |
| Contributions | 4034619 | Contributions |
| Investment Earnings Or Losses | 4292857 | InvestmentEarningsOrLosses |
| Other Expenditures | 3322610 | OtherExpenditures |
| End Of Year Balance | 71702555 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 60521926 | BeginningOfYearBalance |
| Contributions | 7132475 | Contributions |
| Investment Earnings Or Losses | 2968769 | InvestmentEarningsOrLosses |
| Other Expenditures | 3925481 | OtherExpenditures |
| End Of Year Balance | 66697689 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 76613415 | BeginningOfYearBalance |
| Contributions | 6100515 | Contributions |
| Investment Earnings Or Losses | -15154489 | InvestmentEarningsOrLosses |
| Other Expenditures | 7037515 | OtherExpenditures |
| End Of Year Balance | 60521926 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.71900 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.28100 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 9055307 | OtherCostOrOtherBasis |
| Book Value | 9055307 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 92340317 | OtherCostOrOtherBasis |
| Depreciation | 24732729 | Depreciation |
| Book Value | 67607588 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6934145 | OtherCostOrOtherBasis |
| Depreciation | 5225790 | Depreciation |
| Book Value | 1708355 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6360651 | OtherCostOrOtherBasis |
| Depreciation | 3897152 | Depreciation |
| Book Value | 2463499 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 80834749 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUND | 17393601 | F |
| INVESTMENTS IN REAL ASSETS | 6345379 | F |
| PRIVATE EQUITY FUND | 3248643 | F |
| MONEY MKT FD HELD BY BOND TTEE | 3174256 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30161879 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ASSET RETIREMENT OBLIGATION | Description |
| Amount | $127,281 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 127281 | TotalOfAmounts |
| Total Revenue | 43759555 | TotalRevenue |
| Total Expenses | 38952007 | TotalExpenses |
| Excess Or Deficit For Year | 4807548 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2983319 | NetUnrealizedGLOnInvestments |
| Other | -$146,066 | OtherAmount |
| Total Adjustments | 2837253 | TotalAdjustments |
| Excess Or Deficit Per FS | 7644801 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 44352927 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2983319 | NetUnrealizedGainsInvestments |
| Other Revenues | -2721299 | OtherRevenues |
| Revenue Not Rptd F990 | 262020 | RevenueNotRptdF990 |
| Revenue Subtotal | 44090907 | RevenueSubtotal |
| Investment Expenses Not Included | 169402 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -500754 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -331352 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 43759555 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 36708126 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 500754 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 500754 | ExpensesNotRptdF990 |
| Expenses Subtotal | 36207372 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 169402 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 2575233 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2744635 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 38952007 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RECONCILIATION OF OTHER CHANGE IN NET ASSETS | SCHEDULE D, PART XI, LINE 8 | LOSS ON PLEDGES : $ (146,066) |
| OTHER REVENUE IN AUDITED FINANCIAL STATEMENTS BUT NOT IN FORM 990 PT VIII | SCHEDULE D, PART XII, LINE 2D | FINANCIAL AID GRANT : $ (2,575,233) LOSS ON PLEDGES : (146,066) ----------- TOTAL OTHER LINE 2D : (2,721,299) |
| OTHER REVENUE IN FORM 990 PT VIII BUT NOT IN AUDITED FINANCIAL STATEMENTS | SCHEDULE D, PART XII, LINE 4B | RENTAL EXPENSES : $ (137,743) COST OF GOODS SOLD : (363,011) --------- TOTAL OTHER LINE 4B : (500,754) |
| OTHER EXPENSES IN AUDITED FINANCIAL STATEMENTS BUT NOT IN FORM 990 PT IX | SCHEDULE D, PART XIII, LINE 2D | RENTAL EXPENSES : $ 137,743 COST OF GOODS SOLD : 363,011 --------- TOTAL OTHER LINE 2D : 500,754 |
| OTHER EXPENSES IN FORM 990 PT IX BUT NOT IN AUDITED FINANCIAL STATEMENTS | SCHEDULE D, PART XIII, LINE 4B | FINANCIAL AID GRANT : $ 2,575,233 |
| USE OF ENDOWMENT FUNDS | SCHEDULE D, PART V, LINE 4 | THE ACADEMY'S ENDOWMENTS CONSIST OF APPROXIMATELY 45 INDIVIDUAL DONOR RESTRICTED FUNDS AND 17 BOARD DESIGNATED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ACADEMY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE BOARD OF TRUSTEES ADOPTED SPENDING POLICY OF MAKING EXPENDITURES AT A RATE OF 5% OF THE AVERAGE VALUE OF ANY SUCH DONOR-RESTRICTED FUND OVER THE PRECEDING TWELVE (12) QUARTERS IN SUPPORT OF THE ACADEMY'S OPERATING AND CAPITAL BUDGETS. |
| UNCERTAIN TAX POSITIONS | SCHEDULE D, PART X, LINE 2 | THE ACADEMY HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE WITH RESPECT TO THE ACADEMY'S CONTINUED QUALIFICATION UNDER SECTION 501(a) AS A 501(c)(3) TAX-EXEMPT ORGANIZATION. THE ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE ACADEMY'S PURPOSE IS SUBJECT TO TAX UNDER THE INTERNAL REVENUE CODE SECTION 511. THE ACADEMY DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME TAX LIABILITY AT JUNE 30, 2011 AND 2010. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | RACIALLY NONDISCRIMINATORY POLICY | Identifier |
| Return Reference | SCHEDULE E, LINE 3 | ReturnReference |
| Explanation | THE GREENWICH ACADEMY, INC. HAS PUBLICIZED ITS NONDISCRIMINATORY POLICY THROUGH GREENWICH LOCAL NEWSPAPERS AND MAGAZINES IN SECTIONS FOR ADVERTISEMENTS, STATING: "GREENWICH ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN OR SEXUAL ORIENTATION IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAMS, ADMISSIONS POLICIES, FINANCIAL AID POLICIES, EMPLOYMENT PRACTICES AND OTHER SCHOOL-ADMINISTERED PROGRAMS." THIS STATEMENT ALSO APPEARS ON THE INTERNET, ADMISSIONS CATALOGUES, EMPLOYMENT AND ADMISSIONS APPLICATIONS, AND STUDENT AND EMPLOYEE HANDBOOKS. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConducted |
| Total Expenditures | 24238069 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 24238069 | SubtotalAmountSpent |
| Total Amount Spent | 24238069 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING BENEFIT | NameOfEvent1 |
| Gross Receipts Event1 | 668697 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 460368 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 208329 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 208329 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 668697 | GrossReceiptsTotal |
| Charitable Contributions Total | 460368 | CharitableContributionsTotal |
| Gross Revenue Total Events | 208329 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 208329 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 208329 | DirectExpenseSummaryEvents |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 84000 | GrossRevenueOtherGaming |
| Cash Prizes Other Gaming | 30000 | CashPrizesOtherGaming |
| Other Direct Expenses Other Gaming | 372 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | true | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 84000 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 30000 | CashPrizesTotalGaming |
| Other Direct Expenses Total Gaming | 372 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 30372 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 53628 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | true | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Name Of Gaming Rec Keeper Person | MICHELLE SUMMERS | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O GREENWICH ACADEMY 200 N MAPLE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 06830 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | DONNA MATHESON | GamingManagerNamePerson |
| Gaming Manager Compensation | 0 | GamingManagerCompensation |
| Gaming Manager Services Provided | LIASON | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | false | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| FINANCIAL AID | 99 | 2575233 | N/A | N/A |
| TUITION REMISSION | 69 | 2050350 | N/A | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING GRANTS | Identifier |
| Return Reference | SCHEDULE I, PART I | ReturnReference |
| Explanation | IN KEEPING WITH THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS PRINCIPLES OF GOOD PRACTICE FOR FINANCIAL AID, GREENWICH ACADEMY REQUIRES THE PARENTS OF EACH FINANCIAL AID APPLICANT TO SUBMIT A DETAILED FINANCIAL STATEMENT IN WRITING ANNUALLY. EVERY FAMILY CONTRIBUTES TOWARDS THE COST OF EDUCATING THEIR DAUGHTER AT GREENWICH ACADEMY. IN MOST CASES, IT IS ASSUMED THAT BOTH PARENTS WILL HOLD FULL-TIME EMPLOYMENT TO FUND THESE EDUCATIONAL COSTS TO THE BEST OF THEIR ABILITIES BEFORE SEEKING FINANCIAL AID FROM THE SCHOOL. FULL TUITIONS ARE NOT GRANTED. THE AMOUNT AND NUMBER OF FINANCIAL AID GRANTS ARE SUBJECT TO THE AVAILABILITY OF FUNDS. COMPLETION OF THE PARENTS' FINANCIAL STATEMENT (PFS) BY DECEMBER 15 IS A PREREQUISITE FOR CONSIDERATION IN THE FIRST ROUND OF GRANT ALLOCATIONS. IN ADDITION, CURRENT FORM 1040 INCOME TAX RETURNS, INCLUDING SCHEDULES, AND W-2 FORMS MUST BE SUBMITTED. FINANCIAL AID IS GRANTED FOR ONE SCHOOL YEAR AT A TIME. NEW APPLICATION FORMS MUST BE FILED YEARLY BY DECEMBER 15. FINANCIAL AID IS RESTRICTED TO FAMILIES WHO ARE UNITED STATES CITIZENS OR PERMANENT RESIDENTS. DOCUMENTATION FROM THE STUDENT AND THE PARENTS IS REQUIRED FOR VERIFICATION OF CITIZENSHIP OR PERMANENT RESIDENCY. IF FINANCIAL CIRCUMSTANCES CHANGE, IT IS ASSUMED THAT PARENTS WILL NOTIFY THE DEAN OF FINANCIAL AID AND WILL TAKE RESPONSIBILITY FOR AN ADJUSTED AMOUNT OF THEIR DAUGHTER'S TUITION AND FEES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK FEINER | |||||||||||||
| 182692 | 0 | 0 | 0 | 452 | 0 | 19581 | 0 | 60323 | 0 | 263048 | 0 | 0 | 0 |
| DONNA BYRNES | |||||||||||||
| 197725 | 0 | 0 | 0 | 2302 | 0 | 20243 | 0 | 6976 | 0 | 227246 | 0 | 0 | 0 |
| JEANETTE DUPLOY | |||||||||||||
| 182423 | 0 | 0 | 0 | 2814 | 0 | 18280 | 0 | 2497 | 0 | 206014 | 0 | 0 | 0 |
| ABBY KATZ | |||||||||||||
| 115439 | 0 | 0 | 0 | 276 | 0 | 12276 | 0 | 89327 | 0 | 217318 | 0 | 0 | 0 |
| GERALYN STAAB | |||||||||||||
| 111738 | 0 | 0 | 0 | 385 | 0 | 11453 | 0 | 71140 | 0 | 194716 | 0 | 0 | 0 |
| THOMAS SULLIVAN | |||||||||||||
| 117991 | 0 | 0 | 0 | 237 | 0 | 12335 | 0 | 64764 | 0 | 195327 | 0 | 0 | 0 |
| REBECCA WALKER | |||||||||||||
| 158012 | 0 | 0 | 0 | 350 | 0 | 14958 | 0 | 67375 | 0 | 240695 | 0 | 0 | 0 |
| MOLLY H KING | |||||||||||||
| 368665 | 0 | 133900 | 0 | 1242 | 0 | 37114 | 0 | 106951 | 0 | 647872 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ADDITIONAL INFORMATION | SCHEDULE J, PART I, LINE 1 | DISCRETIONARY SPENDING ACCOUNT: THE HEAD OF SCHOOL HAS A FUND OF $10,000 TO USE FOR THE BENEFIT OF THE SCHOOL. IT IS TYPICALLY USED FOR EMPLOYEE APPRECIATION AS NONTAXABLE COMPENSATION. HOUSING: THE GREENWICH ACADEMY PROVIDES HOUSING ALLOWANCES AS A CONDITION OF EMPLOYMENT FOR MOLLY KING, HEAD OF SCHOOL, AS NONTAXABLE COMPENSATION. PERSONAL SERVICES: PER CONTRACT, A HOUSEKEEPER IS PROVIDED TO THE HEAD OF SCHOOL TO MAINTAIN THE HOUSE FOR SPECIAL EVENTS AS NONTAXABLE COMPENSATION. |
| NON-FIXED PAYMENTS | SCHEDULE J, PART I, LINE 7 | THE HEAD OF SCHOOL, MOLLY H KING, IS ELIGIBLE AT THE END OF EACH ACADEMIC YEAR BASED UPON THE ACHIEVEMENT OF AGREED UPON GOALS FOR A BONUS TO BE DETERMINED IN THE BOARD'S DISCRETION. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| STATE OF CT HEALTH & EDU FCLT AUTH - SERIES C | ||||||
| 060806186 | 20774LR64 | 2004-06-25 | 11770000 | ACQUISITION OF REAL PROPERTY | false | false |
| STATE OF CT HEALTH & EDU FCLT AUTH - SERIES E | ||||||
| 060806186 | 20774ULB9 | 2007-03-22 | 30456648 | REFUND OF OUTSTANDING BALANCE | false | false |
| STATE OF CT HEALTH & EDU FCLT AUTH - SERIES D | ||||||
| 060806186 | 20774LV85 | 2004-09-16 | 15341856 | REFUND OF OUTSTANDING BALANCE | false | false |
| STATE OF CT HEALTH & EDU FCLT AUTH - SERIES B | ||||||
| 060806186 | 20774LQP3 | 2001-05-31 | 32232713 | REFUND OF OUTSTANDING BALANCE | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 11770000 | 0 | 0 | 0 | 268660 | 0 | 0 | 11501340 | 0 | 0 | 2004 | false | false | true | true |
| 0 | 0 | 30456648 | 0 | 0 | 0 | 1358442 | 0 | 0 | 0 | 0 | 0 | 2002 | false | true | true | true |
| 0 | 0 | 15341856 | 0 | 0 | 0 | 534656 | 0 | 0 | 0 | 0 | 0 | 1998 | false | true | true | true |
| 0 | 0 | 32232713 | 0 | 0 | 0 | 963623 | 0 | 357660 | 28871642 | 0 | 0 | 2001 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | false | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | true | false | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BONDS | Identifier |
| Return Reference | SCHEDULE K | ReturnReference |
| Explanation | OF THE PROCEEDS FROM SERIES E BONDS ISSUED ON MARCH 22, 2007, $29,098,206.58 WAS AN ADVANCED REFUNDING OF SERIES B BONDS. OF THE PROCEEDS FROM SERIES D BONDS ISSUED ON SEPTEMBER 16, 2004, $14,807,200.13 WAS AN ADVANCED REFUNDING OF SERIES A BONDS. SERIES C: PROCEEDS USED FOR BOND ISSUANCE COSTS 235,400 PROCEEDS USED FOR CREDIT ENHANCEMENT 33,260 TOTAL SCHEDULE K, LINE 5 268,660 SERIES E: PROCEEDS USED FOR BOND ISSUANCE COSTS 397,692 PROCEEDS USED FOR CREDIT ENHANCEMENT 960,750 TOTAL SCHEDULE K, LINE 5 1,358,442 SERIES D: PROCEEDS USED FOR BOND ISSUANCE COSTS 274,370 PROCEEDS USED FOR CREDIT ENHANCEMENT 260,286 TOTAL SCHEDULE K, LINE 5 534,656 SERIES B: PROCEEDS USED FOR BOND ISSUANCE COSTS 468,000 PROCEEDS USED FOR CREDIT ENHANCEMENT 495,623 TOTAL SCHEDULE K, LINE 5 963,623 | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MOLLY KING | NamePerson |
| Purpose Of Loan | INVESTMENT | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $194,007 | OriginalPrincipalAmount |
| Balance Due | 145447 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 145447 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | VARIOUS | NameOfInterestedPerson |
| Amount Of Grant | 26300 | AmountOfGrant |
| Type Of Assistance | FINANCIAL AID | TypeOfAssistance |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 13 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 326245 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTIES | Identifier |
| Return Reference | SCHEDULE M, PART I, LINE 32 | ReturnReference |
| Explanation | THE ORGANIZATION UTILIZES A STOCK BROKER TO PROCESS AND SELL DONATED SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 | GREENWICH ACADEMY IS AN INDEPENDENT COLLEGE-PREPARATORY DAY SCHOOL FOR GIRLS AND YOUNG WOMEN THAT SEEKS TO FOSTER EXCELLENCE. ITS MISSION IS TO PROVIDE A CHALLENGING, COMPREHENSIVE EDUCATIONAL EXPERIENCE GROUNDED IN A RIGOROUS LIBERAL ARTS CURRICULUM WITHIN AN INCLUSIVE, DIVERSE COMMUNITY. THE SCHOOL'S OBJECTIVE IS TO DEVELOP GIRLS AND YOUNG WOMEN OF EXCEPTIONAL CHARACTER AND ACHIEVEMENT WHO DEMONSTRATE INDEPENDENCE, RESILIENCE, COURAGE, INTEGRITY AND COMPASSION. WE STRIVE, ABOVE ALL, TO HONOR OUR MOTTO, "TOWARD THE BUILDING OF CHARACTER." |
| MEMBERS OF ORGANIZATION | FORM 990, PART VI, LINES 6, 7A AND 7B | THE MEMBERS OF THE GREENWICH ACADEMY ARE THE PARENTS AND GUARDIANS OF CHILDREN CURRENTLY ENROLLED IN THE SCHOOL. THE MEMBERS ELECT BETWEEN 21 AND 28 INDIVIDUALS TO SERVE ON THE BOARD OF TRUSTEES TO EXERCISE GENERAL OVERSIGHT OF THE MANAGEMENT OF THE BUSINESS AND PROPERTY OF THE SCHOOL. IN ADDITION TO REGULAR BOARD MEETINGS, AN ANNUAL BUSINESS MEETING THAT IS OPEN TO ALL MEMBERS IS HELD AT THE OPENING OF SCHOOL EVERY YEAR. THE PURPOSE OF THIS MEETING IS TO ELECT ANY NEW MEMBERS OF THE BOARD OF TRUSTEES AND TO REVIEW THE PRIOR YEARS FINANCIAL OPERATIONS. THE FOLLOWING POWERS OF THE CORPORATION SHALL BE DEEMED NONDELEGABLE AND THE EXERCISE THEREOF IS RESERVED TO THE MEMBERS OF THE CORPORATION: (A) TO AMEND THE CERTIFICATE OF INCORPORATION. (B) TO DISSOLVE OR MERGE THE CORPORATION, BUT ONLY UPON THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THE MEMBERS OF THE CORPORATION ACTING IN PERSON OR BY PROXY. |
| FORM 990 REVIEW | FORM 990, PART VI, LINE 11 | THE MEMBERS OF THE AUDIT COMMITTEE WILL RECEIVE A COPY AND REVIEW THE COMPLETE FORM 990 WITHOUT SCHEDULE B. A COPY OF THE COMPLETE AND FINAL FORM 990, INCLUDING REQUIRED SCHEDULES, WILL BE PROVIDED TO THE CHAIR OF THE BOARD AND THE HEAD OF SCHOOL. THE CHAIR OF THE BOARD WILL REPORT ANYTHING OF SIGNIFICANCE TO THE FULL BOARD PRIOR TO FILING. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C | THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND EMPLOYEES. THE POLICY REQUIRES, AMONG OTHER THINGS, THAT NO INDIVIDUAL MAY PARTICIPATE IN DISCUSSIONS OR DECISIONS ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST. ALL TRUSTEES, OFFICERS AND INDIVIDUALS WHO HAVE SIGNING AUTHORITY ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND TO INDICATE WHETHER THE ORGANIZATION DOES BUSINESS WITH AN ENTITY IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. |
| COMPENSATION | FORM 990, PART VI, LINE 15A AND 15B | IN SETTING THE COMPENSATION FOR THE HEAD OF THE SCHOOL, THE GREENWICH ACADEMY'S EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, COMPRISED OF INDEPENDENT PERSONS, PERIODICALLY CONDUCTS A REVIEW TO DETERMINE THE GOING MARKET RATE OF COMPENSATION RANGES FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS BY REFERENCE TO COMPENSATION SURVEYS AND OTHER ORGANIZATIONS' FORM 990. THE GREENWICH ACADEMY SETS COMPENSATION WITHIN THE RANGE OF THE GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST IS PERMITTED TO PARTICIPATE IN THE REVIEW OR DECISION OF COMPENSATION. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR MOLLY KING, HEAD OF THE SCHOOL. THE ORGANIZATION DOCUMENTS THE COMPENSATION PROCESS AND RESULTS IN THE COMMITTEE MINUTES. IN SETTING THE COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES, THE GREENWICH ACADEMY PERIODICALLY CONDUCTS A REVIEW TO DETERMINE THE GOING MARKET RATE OF COMPENSATION RANGES FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS BY REFERENCE TO COMPENSATION SURVEYS AND OTHER ORGANIZATIONS' FORM 990. THE HEAD OF THE SCHOOL SETS COMPENSATION WITHIN THE RANGE OF THE GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST IS PERMITTED TO PARTICIPATE IN THE REVIEW OR DECISION OF COMPENSATION. THE ORGANIZATION MAINTAINS RECORDS REGARDING COMPENSATION. |
| AVAILABLE TO THE PUBLIC | FORM 990, PART VI, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| RECONCILIATION OF NET ASSETS | FORM 990, PART XI, LINE 5 | UNREALIZED GAINS : $ 2,983,319 LOSS ON PLEDGES : (146,066) ------------ TOTAL OTHER LINE 5 : $ 2,837,253 |
| RELATIONSHIPS | FORM 990, PART VI, LINE 2 | TRUSTEES ANTHONY NOTO AND WILLIAM MCMAHON ARE BOTH EMPLOYED BY THE SAME PUBLICLY HELD CORPORATION. |