2012-05-15T16:21:48-05:00 2011-06-30 BARRACLOUGH & ASSOCIATES PC PO BOX 1847 SANTA FE NM 87504 990 2010-07-01 850165745 SANTA FE PREPARATORY SCHOOL SANT 5059821829 1101 CAMINO DE LA CRUZ BLANCA SANTA FE NM 875050396 BRUCE SACHS 5059821829 2012-05-11 1 RHONDA WILLIAMS 5059833387 2010 2016-03-07 17:11:31Z JAMES LEONARD 1101 CAMINO DE LA CRUZ BLANCA SANTA FE NM 875050396 8343116 0 X WWW.SFPREP.ORG X 1961 NM PRIVATE SCHOOL 22 22 158 20 0 0 867890 993335 6317527 5987831 167725 577812 91487 115103 7444629 7674081 0 0 0 0 4924826 4697760 0 0 210586 2683731 2657461 7608557 7355221 -163928 318860 21111971 20228999 5500956 3760159 15611015 16468840 SANTA FE PREPARATORY SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL, GRADES SEVEN THROUGH TWELVE, DEDICATED TO EDUCATIONAL EXCELLENCE. 0 0 5909793 5987831 THE SCHOOL PROVIDED A COLLEGE PREPARATORY EDUCATION TO 324 STUDENTS IN GRADES SEVEN THROUGH TWELVE. 5909793 1 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 37 0 1 158 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 X X BRUCE SACHS DIRECTOR OF FINANCE 5059821829 1101 CAMINO DE LA CRUZ BLANCA SANTA FE NM 875050396 CAROL ROMERO-WIRTH 10.00 X X 0 0 0 MELISSA CICCI 2.00 X X 0 0 0 STACY QUINN 2.00 X X 0 0 0 ERNIE ROMERO 2.00 X X 0 0 0 MARK ALEXANDER 2.00 X 0 0 0 MARC BERTRAM 2.00 X 0 0 0 KELSEY DALY BROWN 2.00 X 0 0 0 FRIEDA SIMONS BURNES 2.00 X 0 0 0 SALLY CORNING 2.00 X 0 0 0 JEFF P CROY 2.00 X 0 0 0 ANDREW DAVIS 2.00 X 0 0 0 ANDY DUETTRA 2.00 X 0 0 0 LIZ LAWRENCE 2.00 X 0 0 0 DIANA LOWE 2.00 X 0 0 0 JOE MCCLAUGHERTY 2.00 X 0 0 0 SUZANNE MOSS 2.00 X 0 0 0 KIMBERLY STERTZER 2.00 X 0 0 0 HUNTER TEMPLE 2.00 X 0 0 0 WARREN THOMPSON 2.00 X 0 0 0 JENNIFER CROY 2.00 X 0 0 0 DERMOT MONKS 2.00 X 0 0 0 MARK STONE 2.00 X 0 0 0 JAMES LEONARD 50.00 X 142929 0 90316 BRUCE SACHS 50.00 X 80687 0 13616 223616 0 103932 1 0 1 0 0 14664 11058 967613 142201 993335 TUITION AND FEES 611600 5978053 5978053 TICKET SALES 611600 6870 6870 OTHER EARNED REVENUES 611600 2908 2908 5987831 101890 101890 6511 6511 30210 30210 30210 30210 1107577 631655 475922 475922 475922 115762 11058 37380 78382 78382 7674081 5987831 0 692915 329547 329547 3260440 2706469 413401 140570 207391 166603 32771 8017 615182 494197 97208 23777 285200 199070 75578 10552 2940 2940 24884 24884 5813 5813 91949 63698 26676 1575 51045 14308 34992 1745 103451 69963 30242 3246 57467 18571 35496 3400 134797 134797 10474 10006 468 14729 7277 4927 2525 517 517 376186 376186 82756 20520 62236 FINANCIAL AID 811605 811605 TEXTBOOKS 193413 193413 SUPPLIES 177911 168544 8775 592 MAINTENANCE & REPAIRS 132473 132473 SPECIAL EVENTS 61902 61902 323149 260191 48371 14587 7355221 5909793 1234842 210586 178273 1529659 2529707 1404609 294203 207074 2689490 1104354 84972 104433 67697 112943 15107217 5634715 9627906 9472502 4402992 5779604 700204 9081 3762 527446 510059 21111971 20228999 659398 666969 4555558 2781190 286000 312000 5500956 3760159 X 9585072 9644735 425597 637689 5600346 6186416 15611015 16468840 21111971 20228999 X 318860 538965 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1200 1200 0 4832004 172587 578295 582726 5000160 4599568 222758 159678 150000 4832004 4446603 271951 118939 237925 4599568 1.00000 0 0 18705 760107 778812 11966297 3893661 8072636 216008 16971 199037 1271160 968478 302682 874940 755605 119335 9472502 DEFERRED COMPENSATION 312000 312000 7674081 7355221 318860 538965 538965 857825 8250109 538965 200 37380 576545 7673564 517 517 7674081 7392284 200 37380 37580 7354704 517 517 7355221 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO PRODUCE PRESENT AND FUTURE RETURNS TO BE EXPENDED OR ADDED TO PRINCIPAL. THE SCHOOL CURRENTLY HAS 22 SPECIFICALLY DIRECTED FUNDS THAT BENEFIT THE SCHOOL AND ITS OPERATIONS, PROVIDE FUNDS FOR FACULTY DEVELOPMENT AND RECOGNITION, AND PROVIDE FUNDS FOR STUDENT FINANCIAL AID. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INCOME TAXES THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND WAS ALSO DETERMINED NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THIS EXEMPTION IS ALSO RECOGNIZED BY THE STATE OF NEW MEXICO. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL FOLLOWS FASB ASC 740-10, INCOME TAXES WHICH REQUIRES DISCLOSURE OF TAXABLE UNRELATED BUSINESS INCOME. NONE OF THE PRESENT OR ANTICIPATED FUTURE ACTIVITIES OF THE SCHOOL ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INVESTMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES NETTED AGAINST INCOME PART XII, LINE 4B - OTHER ADJUSTMENTS: IMPUTED INTEREST ON EMPLOYEE LOANS PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES NETTED AGAINST INCOME PART XIII, LINE 4B - OTHER ADJUSTMENTS: IMPUTED INTEREST ON EMPLOYEE LOANS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL INFORMATIONAL PACKAGES AND PROMOTIONAL ADVERTISING REFLECT A RACIALLY NONDISCRIMINATORY POLICY. GALA 110035 6738 103297 2587 13500 6000 6972 GOLF TOURNAMENT 16785 4320 12465 4680 170 3471 126820 11058 115762 7267 13670 6000 10443 37380 78382 X 1 1 X X X 0 1 0 0 0 0 0 0 0 JAMES LEONARD 142929 0 0 0 0 0 51897 0 38419 0 233245 0 0 0 PART I, LINE 4B JAMES LEONARD, HEAD OF SCHOOL: DEFERRED COMPENSATION LIABILITY AS OF 6/30/11 WAS $312,000. THE PLAN IS FUNDED BY A WHOLE LIFE INSURANCE POLICY. JAMES LEONARD HEAD OF SCHOOL 27533 TUITION REDUCTION X 350 THRIFT STORE VALUE X 3200 THRIFT STORE VALUE X 10 123292 FMV ON STOCK MARKET X PROGRAM SUPPLIES 3 3277 WHOLESALE VALUE X EQUIPMENT 2 2790 THRIFT STORE VALUE X FOOD 1 9292 RETAIL COST 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT OF THE BOARD, THE HEAD OF THE SCHOOL AND THE FINANCE CHAIRMAN REVIEW THE 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A SALARY SCALE AND LOOKS TO BENCHMARKS FROM OTHER ISAS AND NAIS SCHOOLS IN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS MAILED OUT OR AVAILABLE TO BE PICKED UP AT THE SCHOOL UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED GAIN ON INVESTMENTS 538,965. TOTAL TO FORM 990, PART XI, LINE 5: 538,965.