SCHOOL YEAR ABROAD INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SCHOOL YEAR ABROAD INC (EIN 04-2589375)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-14
- IRS object ID
- 201103189349301910
- Schema version
- 2010v3.4
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-14T08:36:46-06:00 | 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 | NATHAN WECHSLER & COMPANY PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 COMMERCIAL STREET SUITE 401 | AddressLine1 |
| City | CONCORD | City |
| State | NH | State |
| ZIP Code | 03301 | 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 | 042589375 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHOOL YEAR ABROAD INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCHO | NameControl |
| Phone | 9787256828 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 439 SOUTH UNION STREET | AddressLine1 |
| City | LAWRENCE | City |
| State | MA | State |
| ZIP Code | 01843 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS RENFIELD-MILLER | Name |
| Title | CHAIRMAN OF BOARD OF TRUSTEES | Title |
| Phone | 9787256828 | Phone |
| Date Signed | 2011-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6032245357 | 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 | DOUGLAS RENFIELD-MILLER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 439 SOUTH UNION STREET | AddressLine1 |
| City | LAWRENCE | City |
| State | MA | State |
| ZIP Code | 01843 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 16983895 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SYA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1965 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE EDUCATIONAL OPPORTUNITIES TO HIGH SCHOOL STUDENTS ALLOWING THEM TO LIVE ABROAD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 66 | TotalNbrEmployees |
| Total Nbr Volunteers | 334 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2180928 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1780355 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 10810300 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12425651 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 189353 | InvestmentIncomePriorYear |
| Investment Income Current Year | 136622 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6223 | OtherRevenuePriorYear |
| Other Revenue Current Year | 6050 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13186804 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14348678 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3220748 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3359920 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4927566 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6140096 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 566836 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5092319 | OtherExpensePriorYear |
| Other Expenses Current Year | 5594727 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13240633 | TotalExpensesPriorYear |
| Total Expenses Current Year | 15094743 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -53829 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -746065 | RevenuesLessExpensesCY |
| Total Assets BOY | 13420238 | TotalAssetsBOY |
| Total Assets EOY | 14794134 | TotalAssetsEOY |
| Total Liabilities BOY | 3177419 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3879414 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10242819 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10914720 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE EDUCATIONAL OPPORTUNITIES TO HIGH SCHOOL STUDENTS ALLOWING THEM TO LIVE IN EITHER CHINA, SPAIN, ITALY, VIETNAM, JAPAN OR FRANCE FOR AN ENTIRE YEAR, SEMESTER OR FOR A SUMMER WHILE EARNING U.S. GRADUATION CREDITS. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 12791155 | Expense |
| Grants | 3359920 | Grants |
| Revenue | 12431701 | Revenue |
| Description | SCHOOL YEAR ABROAD, INC. PROVIDES EDUCATIONAL OPPORTUNITIES TO HIGH SCHOOL STUDENTS BY SENDING THEM OVERSEAS TO STUDY AT ONE OF SIX SCHOOLS IN CHINA, FRANCE, VIETNAM, ITALY, SPAIN AND JAPAN. DURING THE 2010-2011 SCHOOL YEAR, 266 STUDENTS STUDIED AT ONE OF OUR CAMPUSES IN CHINA, FRANCE, ITALY, SPAIN, VIETNAM, AND JAPAN AND 88 ATTENDED SUMMER PROGRAMS IN FRANCE, CHINA AND SPAIN. | Description |
| Total Program Service Expense | 12791155 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | 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 |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 12 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 66 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Name Of Foreign Country | IT | NameOfForeignCountry |
| Name Of Foreign Country | CH | NameOfForeignCountry |
| Name Of Foreign Country | SP | NameOfForeignCountry |
| Name Of Foreign Country | IN | NameOfForeignCountry |
| Name Of Foreign Country | JA | NameOfForeignCountry |
| Name Of Foreign Country | VM | NameOfForeignCountry |
| 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONATHAN DOUGLAS DIRECTOR OF FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9787256828 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 439 SOUTH UNION STREET | AddressLine1 |
| City | LAWRENCE | City |
| State | MA | State |
| ZIP Code | 01843 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| WOODRUFF W HALSEY II | |||||||
| SCHOOL PRESIDENT/ SECRETARY | 50.00 | X | X | 206651 | 0 | 251539 | |
| PAUL CHAPMAN | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| MARGARET CONKLIN | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| NATALIA A BULGARI | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| CARLOS ALVAREZ | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| MARGARITA CURTIS | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| WILLIAM GRIDLEY | |||||||
| TREASURER | 5.00 | X | X | 0 | 0 | 0 | |
| PETER ESTY | |||||||
| CHAIR | 5.00 | X | X | 3846 | 0 | 0 | |
| DIANE ATWOOD REILLY | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| DOUGLAS RENFIELD-MILLER | |||||||
| VICE CHAIR | 5.00 | X | X | 9713 | 0 | 0 | |
| STEPHEN FOSTER | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| BRUCE STEWART | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| BRYAN GARMAN | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| TOM HASSAN | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| JAYE MORENCY | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| ROBERT J SCHILLER | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| LANE HEARD | |||||||
| BOARD OF TRUSTEES | 5.00 | X | 0 | 0 | 0 | ||
| NELSON CHASE | |||||||
| EXECUTIVE DIRECTOR | 50.00 | X | 133637 | 0 | 32578 | ||
| STEVEN KIRK | |||||||
| PAST DIRECTOR OF FINANCE | 50.00 | X | 100310 | 0 | 28577 | ||
| LYNN NATHANSON | |||||||
| DIRECTOR OF DEVELOPMENT | 50.00 | 107669 | 0 | 14343 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 561826 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 327037 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 78000 | MembershipDues |
| All Other Contributions | 1702355 | AllOtherContributions |
| Noncash Contributions | 46253 | NoncashContributions |
| Total Contributions | 1780355 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 12425651 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12425651 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12425651 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 171197 | TotalRevenueColumn |
| Exclusion | $171,197 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2600487 | Securities |
| Other | 155 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2586433 | Securities |
| Other | 48784 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14054 | Securities |
| Other | -48629 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -34575 | TotalRevenueColumn |
| Exclusion | -$34,575 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 6050 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6050 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 6050 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14348678 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12431701 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $136,622 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3359920 | Total |
| Program Services | 3359920 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 693446 | Total |
| Program Services | 442075 | ProgramServices |
| Management And General | 199365 | ManagementAndGeneral |
| Fundraising | 52006 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4171808 | Total |
| Program Services | 3612972 | ProgramServices |
| Management And General | 261346 | ManagementAndGeneral |
| Fundraising | 297490 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263424 | Total |
| Program Services | 165055 | ProgramServices |
| Management And General | 64495 | ManagementAndGeneral |
| Fundraising | 33874 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 816295 | Total |
| Program Services | 626603 | ProgramServices |
| Management And General | 189692 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 195123 | Total |
| Program Services | 122235 | ProgramServices |
| Management And General | 48781 | ManagementAndGeneral |
| Fundraising | 24107 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13739 | Total |
| Program Services | 10458 | ProgramServices |
| Management And General | 3281 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11328 | Total |
| Program Services | 6862 | ProgramServices |
| Management And General | 4466 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65502 | Total |
| Program Services | 32580 | ProgramServices |
| Management And General | 32922 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15814 | Total |
| Management And General | 15814 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20908 | Total |
| Program Services | 20908 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72211 | Total |
| Program Services | 5735 | ProgramServices |
| Management And General | 66476 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184049 | Total |
| Program Services | 63598 | ProgramServices |
| Management And General | 90338 | ManagementAndGeneral |
| Fundraising | 30113 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 515869 | Total |
| Program Services | 376786 | ProgramServices |
| Management And General | 104312 | ManagementAndGeneral |
| Fundraising | 34771 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1153265 | Total |
| Program Services | 1055366 | ProgramServices |
| Management And General | 97899 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63687 | Total |
| Program Services | 63687 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168488 | Total |
| Program Services | 115382 | ProgramServices |
| Management And General | 53106 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115651 | Total |
| Program Services | 14224 | ProgramServices |
| Management And General | 101427 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| HOUSING | 1691566 | 1691566 | ||
| FOREIGN EXCHANGE ADJUST | 348786 | 348786 | ||
| ALUMNI DEVELOPMENT | 209980 | 123888 | 86092 | |
| MEALS | 198315 | 194400 | 3915 | |
| EQUIPMENT AND FURNITURE | 172613 | 80931 | 91682 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 572956 | Total |
| Program Services | 381026 | ProgramServices |
| Management And General | 183547 | ManagementAndGeneral |
| Fundraising | 8383 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15094743 | Total |
| Program Services | 12791155 | ProgramServices |
| Management And General | 1736752 | ManagementAndGeneral |
| Fundraising | 566836 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244696 | BOY |
| EOY | 438318 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1661 | BOY |
| EOY | 20806 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 499590 | BOY |
| EOY | 464574 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48081 | BOY |
| EOY | 68027 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16760 | BOY |
| EOY | 188652 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161396 | BOY |
| EOY | 203548 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5845832 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1791076 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3773653 | BOY |
| EOY | 4054756 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4065016 | BOY |
| EOY | 4380184 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4609385 | BOY |
| EOY | 4975269 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13420238 | BOY |
| EOY | 14794134 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 562599 | BOY |
| EOY | 1004567 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1090512 | BOY |
| EOY | 1041714 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1524308 | BOY |
| EOY | 1833133 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3177419 | BOY |
| EOY | 3879414 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8817430 | BOY |
| EOY | 8664087 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 472975 | BOY |
| EOY | 1198219 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 952414 | BOY |
| EOY | 1052414 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10242819 | BOY |
| EOY | 10914720 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13420238 | BOY |
| EOY | 14794134 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -746065 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1417966 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8738740 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | 1533260 | InvestmentEarningsOrLosses |
| Other Expenditures | 838934 | OtherExpenditures |
| Administrative Expenses | 15814 | AdministrativeExpenses |
| End Of Year Balance | 9517252 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9024634 | BeginningOfYearBalance |
| Contributions | 8338 | Contributions |
| Investment Earnings Or Losses | 1088408 | InvestmentEarningsOrLosses |
| Other Expenditures | 1361148 | OtherExpenditures |
| Administrative Expenses | 21492 | AdministrativeExpenses |
| End Of Year Balance | 8738740 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11216365 | BeginningOfYearBalance |
| Contributions | 7818 | Contributions |
| Investment Earnings Or Losses | -1689458 | InvestmentEarningsOrLosses |
| Other Expenditures | 477993 | OtherExpenditures |
| Administrative Expenses | 32098 | AdministrativeExpenses |
| End Of Year Balance | 9024634 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.88510 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.11060 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00430 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3091341 | OtherCostOrOtherBasis |
| Depreciation | 235892 | Depreciation |
| Book Value | 2855449 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1804336 | OtherCostOrOtherBasis |
| Depreciation | 766930 | Depreciation |
| Book Value | 1037406 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 950155 | OtherCostOrOtherBasis |
| Depreciation | 788254 | Depreciation |
| Book Value | 161901 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4054756 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 401999 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMONFUND MULTI STRATEGY EQUITY FUND | 3385648 | F |
| COMMONFUND MULTI STRATEGY BOND FUND | 461237 | F |
| VANGUARD MONEY MARKET FUND | 226190 | F |
| VANGUARD COLLATERALIZED MONEY MARKET FUND | 500195 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 4975269 | TotalOfBookValueSecurities |
| Total Revenue | 14348678 | TotalRevenue |
| Total Expenses | 15094743 | TotalExpenses |
| Excess Or Deficit For Year | -746065 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1417966 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1417966 | TotalAdjustments |
| Excess Or Deficit Per FS | 671901 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 12390910 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1417966 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1417966 | RevenueNotRptdF990 |
| Revenue Subtotal | 10972944 | RevenueSubtotal |
| Investment Expenses Not Included | 15814 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 3359920 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3375734 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14348678 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11719009 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11719009 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 15814 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 3359920 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3375734 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 15094743 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ENDOWMENT IS A FINANCIAL CUSHION WHICH WOULD ALLOW SYA TO WITHSTAND THE SHOCK OF A DRAMATIC DROP IN THE VALUE OF THE U.S. DOLLAR OR DECREASE IN ENROLLMENT RESULTING FROM INTERNATIONAL TERRORISM OR ECONOMIC CRISIS AND A POTENTIAL SOURCE OF DOWN PAYMENTS AND/OR A CONVINCING INDICATOR OF SYA'S FINANCIAL WELL BEING TO POTENTIAL LENDERS, SHOULD THE TRUSTEES DECIDE TO BUY BUILDINGS AT HOME OR ABROAD. THE ENDOWMENT, ALONG WITH OTHER ASSETS, IS CONCRETE EVIDENCE THAT SYA IS A ROBUST AND INDEPENDENT INSTITUTION, NOT A LEGAL SHELL, AND NOT A LEGAL PART OF THE SCHOOLS WHICH SPAWNED IT. THE ENDOWMENT IS A SOURCE OF INCOME TO HELP SUPPORT FINANCIAL AID OR OTHER OPERATING EXPENSES AND A SOURCE OF CONFIDENCE AND INCOME WHICH CAN SUPPORT THE DRIVE TO ADVANCE OUR MISSION IN NEW MARKETS AT HOME AND IN NEW VENUES AND LANGUAGES ABROAD. THE ENDOWMENT CAN OFFER A HOME TO GIFTS RESTRICTED TO SUPPORTING EXCELLENCE IN TEACHING OR OTHER SPECIAL INITIATIVES. INCREASING THE VALUE OF THE ENDOWMENT WILL HELP SYA ADVANCE ITS MISSION. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE SCHOOL ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC 740), ON JULY 1, 2009. FASB ASC 740 SEEKS TO REDUCE THE DIVERSITY IN PRACTICE ASSOCIATED WITH CERTAIN ASPECTS OF MEASUREMENT AND RECOGNITION IN ACCOUNTING FOR INCOME TAXES. IN ADDITION, FASB ASC 740 PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND ACCOUNTING IN INTERIM PERIODS AND REQUIRES EXPANDED DISCLOSURE WITH RESPECT TO THE UNCERTAINTY IN INCOME TAXES. THE SCHOOL'S ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS INCLUDES A REVIEW OF ALL MATERIAL TAX POSITIONS FOR ALL TYPES OF TAXES IN ALL JURISDICTIONS AND FOR ALL OPEN YEARS IN ACCORDANCE WITH THE RECOGNITION AND MEASUREMENT REQUIREMENTS OF FASB ASC 740. THE MOST COMMON TAX POSITION FOR THE SCHOOL IS A POSITION TAKEN IN THE ENTITY'S TAX EXEMPT STATUS. HOWEVER, FASB ASC 740 ALSO LOOKS AT OTHER FORMS OF TAX POSITIONS, INCLUDING WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. ONCE THIS PROCESS IS COMPLETED, THE POSITIONS ARE EVALUATED IN TERMS OF THEIR LIKELIHOOD TO SUCCEED. FOR TAX POSITIONS THAT DO NOT MEET THE DEFINITION OF MORE LIKELY THAN NOT TO SUCCEED, NO TAX BENEFIT IS CONSIDERED. ONLY THOSE TAX POSITIONS THAT HAVE A GREATER-THAN-50% CHANCE OF BEING SUSTAINED ON AUDIT BY A KNOWLEDGEABLE AGENT ARE INCLUDED IN VALUING THE BENEFIT. THIS ANALYSIS IS PERFORMED USING ALL RELEVANT AUTHORITIES. THE SCHOOL FILES THE FORM 990. WITH FEW EXCEPTIONS THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS ENDING BEFORE JUNE 30, 2008. MANAGEMENT OF THE SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITIES FOR UNRECOGNIZED TAX BENEFITS. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID | |
| PART XII AND PART XIII LINE 4B: SCHOLARSHIP GRANTS ARE AWARDED TO STUDENTS AS A DISCOUNT ON THEIR TUITION. ALL SUCH GRANTS ARE AWARDED UPON COMPLETION OF THE SSS APPLICATION AND SUBMISSION OF INCOME TAX DOCUMENTS. NO CASH IS GIVEN DIRECTLY TO AN INDIVIDUAL. |
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 | THE POLICY IS INCLUDED IN THE INSTRUCTIONS GIVEN TO COORDINATORS AT MEMBER SCHOOLS. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| FRANCE | 1 | 17 | PROGRAM | OPERATION OF SCHOOL AND RELATED ACTIVITIES | 1948777 |
| SPAIN | 1 | 13 | PROGRAM | OPERATION OF SCHOOL AND RELATED ACTIVITIES | 1869264 |
| CHINA | 1 | 21 | PROGRAM | OPERATION OF SCHOOL AND RELATED ACTIVITIES | 1339851 |
| ITALY | 1 | 14 | PROGRAM | OPERATION OF SCHOOL AND RELATED ACTIVITIES | 1395885 |
| VIETNAM | 1 | 8 | PROGRAM | OPERATION OF SCHOOL AND RELATED ACTIVITIES | 539579 |
| INDIA | 1 | 1 | PROGRAM | PROGRAM SUSPENSION COSTS | 18487 |
| JAPAN | 1 | 8 | PROGRAM | OPERATION OF SCHOOL AND RELATED ACTIVITIES | 861926 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 82 | SubtotalNumberOfEmployees |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Employees | 82 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 7973769 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 7973769 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule 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 ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 133 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 3359920 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | SCHOLARSHIP GRANTS AWARDED TO STUDENTS AS A DISCOUNT ON THEIR TUITION | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER INFORMATION: | Identifier |
| Return Reference | PART IV: | ReturnReference |
| Explanation | SCHOLARSHIP GRANTS ARE AWARDED TO STUDENTS AS A DISCOUNT ON THEIR TUITION. ALL SUCH GRANTS ARE AWARDED UPON COMPLETION OF THE SSS APPLICATION AND SUBMISSION OF INCOME TAX DOCUMENTS. NO CASH IS GIVEN DIRECTLY TO AN INDIVIDUAL. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| 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 | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WOODRUFF W HALSEY II | |||||||||||||
| 184651 | 0 | 0 | 0 | 22000 | 0 | 208634 | 0 | 42905 | 0 | 458190 | 0 | 0 | 0 |
| NELSON CHASE | |||||||||||||
| 111637 | 0 | 0 | 0 | 22000 | 0 | 0 | 0 | 32578 | 0 | 166215 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | TRAVEL EXPENSES FOR BONA FIDE BUSINESS PURPOSES ON BEHALF OF A FAMILY MEMBER OF WOODRUFF W. HALSEY, II AND NELSON CHASE CAN BE PAID BY THE SCHOOL. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| WOODRUFF HALSEY | ||||||
| PERSONAL HOME MORTGAGE PAYMENT ASSISTANCE | X | $50,000 | 13599 | 0 | 1 | 1 |
| JACK CREEDEN | ||||||
| PERSONAL HOME MORTGAGE PAYMENT ASSISTANCE | X | $175,000 | 175053 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 188652 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 46253 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | STOCK GIFTS RECEIVED ARE PROCESSED AND SOLD BY THE SCHOOL'S CUSTODIAL FINANCIAL INSTITUTION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | IN THE 2011 FISCAL YEAR, THE SCHOOL OFFERED A STUDY ABROAD PROGRAM IN JAPAN. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE IN DETAIL PRIOR TO FILING. ANY QUESTIONS WERE ADDRESSED TO THE PREPARER AND RESOLVED TIMELY. A FINAL DRAFT VERSION OF THE RETURN WAS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD MEMBERS ANNUALLY SIGN A STATEMENT, WHICH DETAILS ANY CONFLICTS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR ADMINISTERING THE COMPENSATION OF THE PRESIDENT. THE COMMITTEE MEETS PERIODICALLY THROUGHOUT THE YEAR TO: 1) REVIEW THE GOALS OF THE PRESIDENT; 2) DETERMINE WHAT, IF ANY, OUTSIDE RESOURCES ARE REQUIRED TO HELP SET APPROPRIATE COMPENSATION IN THAT YEAR; 3) HIRE ANY NECESSARY CONSULTANTS; 4) REVIEW AND SET COMPENSATION BY A REVIEW OF COMPARABLE OUTSIDE DATA IN LIGHT OF THE FINANCIAL RESOURCES AND GOALS AND OBJECTIVES OF SCHOOL YEAR ABROAD; AND, 5) AMEND, IF NECESSARY, THE EMPLOYMENT CONTRACT OF THE PRESIDENT WHILE SETTING ANNUAL COMPENSATION. THE COMPENSATION COMMITTEE REPORTS ON ITS MEETINGS TO THE FULL BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, THE CONFLICTS OF INTERESTS POLICY, AUDITED FINANCIAL STATEMENTS, AND TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE CORPORATE OFFICE. TAX RETURNS ARE ALSO POSTED ON GUIDESTAR. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE SCHOOL YEAR ABROAD WEBSITE. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 1,417,966. |
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