ALBUQUERQUE ACADEMY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ALBUQUERQUE ACADEMY (EIN 85-0129165)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-03-23
- IRS object ID
- 201110829349300206
- Schema version
- 2009v1.7
- 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 G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-03-23T13:46:01-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTON GUNDERSON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MARQUETTE NW SUITE 800 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850129165 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albuquerque Academy | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALBU | NameControl |
| Phone | 5058283200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6400 Wyoming Blvd NE | AddressLine1 |
| City | Albuquerque | City |
| State | NM | State |
| ZIP Code | 871093899 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Andrew T Watson | Name |
| Title | Head of School | Title |
| Phone | 5058283200 | Phone |
| Date Signed | 2011-03-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Stephen E Livingston CPA | Name |
| Phone | 5058428290 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Andrew T Watson | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6400 Wyoming Blvd NE | AddressLine1 |
| City | Albuquerque | City |
| State | NM | State |
| ZIP Code | 871093899 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 57304379 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.aa.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | NM | StateLegalDomicile |
| Activity Or Mission Description | Albuquerque Academy is a non-denominational, coeducational, independent day school for 1,096 students in grades six through twelve. The aceademy was the fortunate recipient of a transformational gift of land in the early sixties and, fittingly, has chosen to use this gift to ensure economic accessability to students living throughout the city and region. Today the Academy offers students an education that is without equal in the southwest. Students from 90 schools share an insatiable curiouslity and are served by teachers who deliver their expertise in creative and engaging ways. Students in the 6/7 division follow a non traditional schedule that allows for teaching flexibility and adaptability in an ever-changing world. 8/9 students are given their own campus space and their own accountability to help them grow into confident young adults. For the 10/12 division, course work involves increasingly philosophical and analytical thought. (Continued on Schedule O below) | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 993 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | 95333 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 62008 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1581014 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2525471 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20992442 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 22518143 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1331261 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7226487 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | -6889 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 21242195 | TotalRevenuePriorYear |
| Total Revenue Current Year | 32263212 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3893392 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4727332 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22591763 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 22021896 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 633228 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11773566 | OtherExpensePriorYear |
| Other Expenses Current Year | 10989945 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38258721 | TotalExpensesPriorYear |
| Total Expenses Current Year | 37739173 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -17016526 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -5475961 | RevenuesLessExpensesCY |
| Total Assets BOY | 221062735 | TotalAssetsBOY |
| Total Assets EOY | 177335695 | TotalAssetsEOY |
| Total Liabilities BOY | 41136157 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 40120043 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 179926578 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 137215652 | NetAssetsOrFundBalancesEOY |
| Mission Description | WE BELIEVE THAT CHILDREN'S LIVES CHANGE WHEN THEIR NATURAL PASSION FOR LEARNING IS NURTURED AND TRANSFORMED INTO HABITS OF LIFE-LONG LEARNING AND REFLECTION. WE BELIEVE THAT THE WORLD CHANGES AS THESE CHILDREN LEARN TO SERVE COUNTRY AND COMMUNITY WITH WISDOM, CONVICTION, AND compassion. In light of these beliefs: We serve students of talent and character, offering them an education that broadens their perspectives, sharpens their minds, strengthens their bodies, and engages their hearts. We commit to creating a caring, inclusive, and just community, using the geography and culture of our home in the southwest to enrich our educational programs and to foster creativity, personal balance and a connection to the natural world. We devote our resources to ensure economic accessibility to our students and to support the wider community through outreach and community service. (Continued on Schedule O below.) | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 28135767 | Expense |
| Revenue | 20175973 | Revenue |
| Description | The beginning - Albuquerque Academy opened its doors in the fall of 1955 with 12 boys in grades 7 through 9, two teachers, and founding head William B.S. Wilburn. Classes were held in rented space in the parish hall of St. Michael's and All Angels Church. In 1957, enrollment had grown to 75 boys and the school moved to a 27-acre site on North Edith Boulevard. The first class of seven boys graduated in 1960. In 1966, the school moved to its present location, and in 1967-68 was home to 405 boys. Girls were admitted in grades 9-12 in 1973. In 2010, Albuquerque Academy today serves 1,100 girls and boys in grades 6 through 12. The Simms Legacy - The Academy's remarkable growth was made possible largely through the transformational gift of Albert G. Simms, a New Mexico financier and rancher, and his wife, Ruth Hanna McCormick Simms. In the early 1960's, Mr. and Mrs. Simms gave or bequeathed to the Academy (in trust) more than 12,000 acres of undeveloped land and 8,000 shares of Albuquerque National Bank (now Bank of America) stock. Most of the undeveloped land has been sold over the past three decades resulting in the endowment that today enables education in a beautiful and uplifting environment. An ambitious mission - The uniqueness of the Academy is due, in large part, to its commitment to a need-blind admission policy, providing accessibility to qualified students from throughout the greater Albuquerque community, regardless of their ability to pay. Only after students have been chosen are their tuition needs assessed and financial aid offered. Every Academy student benefits from the School's commitment to accessibility and affordability. Direct support from the endowment covers 38% of the cost not covered by tuition. Diversity - A further commitment of the Academy is to diversity and dedicating the school's resources to creating an environment in which all people can thrive. It is the responsibility of all the school's constituents to make this environment conducive to learning and to foster mutual respect for one another. The Academy student body consists of 1,096 students. Students of color (including students of Middle Eastern, Hispanic, African American, Asian and Native American ancestry) represent 45% of the total student population. Appreciation for diversity is also extended to those of various socioeconomic levels. The school has chosen to voluntarily participate in the USDA's national school lunch program which provides nutritionally balanced, low-cost or free breakfasts and lunches to children each school day. Ninety-eight children benefited from this program. Student accomplishment - Academy students benefit academically from small classes (averaging 18 students in the 6-7 division to 15 in the 10-12 division) and teacher-to-student ratio (1:9). Sixty-nine percent of the 291 students taking advanced placement exams in May 2010 received scores of 4 or 5; 91 percent received scores of 3 or above. The class of 2010 had 31 national merit scholarship contest semifinalists, 24 commended students and 13 national hispanic scholars. Almost all Academy graduates enroll in four-year colleges immediately upon graduation. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1527057 | Expense |
| Revenue | 1889292 | Revenue |
| Description | The Albuquerque Academy summer session offers the opportunity to 2,103 children of the greater Albuquerque community (most non-affiliated with the regular school year session) to participate in an enriching and exciting summer experience. The school is equally pleased to offer this program to students visiting Albuquerque and New Mexico each summer. The program has over 200 class offerings and includes early childhood programs, a day camp, various sports camps and swim instruction for children preschool to high school. Credit classes in math and science are also offered to high school students. An integral part of the session is the multicultural summer honors program, a summer scholarship program for academically talented and motivated African American, Native American, Hispanic and other students who will be entering the fourth and fifth grades. Summer session has been an integral part of Albuquerque Academy since 1984, reinforcing the School's unique mission of accessability, affordability, excellence and outreach. The program also builds a broader sense of community, as summer students and their siblings, as well as children of faculty and alumni return summer after summer. The session is staffed by qualified and talented individuals who come from throughout New Mexico and the wider national and international educational community. The teacher/student ratio is maintained at 1:9 and remarkable students are hired to assist teachers and serve as camp counselors. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 436431 | Expense |
| Revenue | 99402 | Revenue |
| Description | THE NM MEDIA LITERACY PROJECT, FOUNDED IN 1993, IS NATIONALLY RECOGNIZED AS A LEADER IN MEDIA LITERACY EDUCATION. ITS MISSION IS TO CULTIVATE CRITICAL THINKING AND ACTIVISM IN MEDIA CULTURE TO BUILD HEALTHY AND JUST COMMUNITIES. NMMLP DELIVERS DYNAMIC MULTIMEDIA PRESENTATIONS AT CONFERENCES, WORKSHOPS AND CLASSROOMS ACROSS THE COUNTRY. THE MEDIA LITERACY CURRICULA ACTION GUIDES ARE USED IN COUNTLESS CLASSROOMS AND COMMUNITIES IN ALL 50 STATES AND ABROAD. NMMLP's CATALYST INSTITUTE AND OTHER TRAINING PROGRAMS HAVE EMPOWERED THOUSANDS OF PEOPLE TO BE ADVOCATEs FOR A MEDIA LITERACY SOCIETY. IN FY 2010, NMMLP STAFF DELIVERED MORE THAN 153 PRESENTATIONS AND TRAININGS REACHING 3,260 YOUTH AND ADULTS IN 8 STATES, INCLUDING MICHIGAN, NEW MEXICO, MONTANA, Florida, Georgia, Ohio, South Dakota, and the District of Columbia. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 299743 | Expense |
| Revenue | 353476 | Revenue |
| Description | Community outreach is an important aspect of the Albuquerque Academy mission. The school is deeply committed to making a positive impact on the greater Albuquerque community, the state of New Mexico, and beyond. Outreach initiatives are abundant, and community service is part of the curriculum at all grade levels. Each year students undertake projects at numerous nonprofit organizations in the community. Community builders is a tuition-free program that gives students from Albuqerque Academy and other area schools an opportunity to learn the nuts and bolts of community philanthropy and nonprofit organizations, and includes a mix of site visits and meetings with community leaders to discuss a variety of topics, including types of nonprofits, legal and ethical issues in the nonprofit sector, grant writing for non-profits, nonprofit governing boards and community leadership. At the end of the program, students come together as a mock foundation to make decisions about how to support some of the nonprofits they studied, both financially and through volunteer work. The program is permantly endowed so that funds totaling $10,000 can be allocated among studied nonprofits. Almost 70 nonprofit organizations, including Accion, Special Olympics, Animal Humane Society, Healthcare for the Homeless and Roadrunner Food Bank have participated in this program which has now completed its eighth year.Charger Aquatics is a comprehensive, year-round Aquatics program that provides swimmers in the greater Albuquerque area with opportunities to learn, practice, and compete in the School's state-of-the-art aquatics facility. Located in the nationally acclaimed Barney Natatorium and offered as part of the school's ongoing commitment to provide service and outreach to the community at large, Charger aquatics offers membership in USA-sanctioned clubs, including USA swimming and US Masters swimming, along with an extensive menu of non-member aquatics classes such as aquafitness and toddler and preschool swim lessons. Enrollment in all programs now exceeds 260 children and adults.Community Academy supports the school's commitment to community outreach and life-long learning. The program offers a continuing evening lecture series, free of charge to the entire community, presented by Academy faculty and Alumni an by community leaders with expertise in their fields. The Brain Institute program is designed to offer knowledge about brain research and brain-based learning. Experts from the fields of education, neuroscience, and cognitive science will discuss how research from the field of neuroscience can be utilized in practical ways to enhance learning. Presenters provide information on brain development in early childhood, strategies to enhance memory and recall, suggestions for working with struggling learners, classroom and school designs that foster empathy and a sense of belonging and the effect of technology on the brain. Peer collaboration and networking are an integral part of this institute. Topics covered include neuroanatomy, cognitive development, memory and recall, emotions and learning, etc. and benefit k-12 educators, administrators, learning and reading specialists, social workers, counselors, language pathologists, parents and anyone interested in learning more about the covered topics. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 299743 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 353476 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 30398998 | 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 | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 130 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 993 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | 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 | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Michelle Bailey | NamePerson |
| Telephone Number | 5058283231 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6400 Wyoming Blvd NE | AddressLine1 |
| City | Albuquerque | City |
| State | NM | State |
| ZIP Code | 871093899 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Walter Stern | |||||||
| Chair | 2.00 | X | 0 | 0 | 0 | ||
| Theresa Carson | |||||||
| Assistant Treasurer | 2.00 | X | 0 | 0 | 0 | ||
| Sarah Kotchian | |||||||
| Secretary | 2.00 | X | 0 | 0 | 0 | ||
| Jolynn Muraida | |||||||
| Assistant Secretary | 2.00 | X | 0 | 0 | 0 | ||
| Carl M Alongi | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Thomas J Baca | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Thomas F Blueher | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Pam Garrett | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Thomas Growney | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Jennifer Davis Hall | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Heidi Heard | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Kenneth Holley | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Liz Kuo | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Brenda Moore | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Gary Slack | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Rabbi Joseph Black | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Andy Hsi | |||||||
| Vice Chair | 2.00 | X | 0 | 0 | 0 | ||
| Adam Honegger | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Nancy Key | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Sally Machacek | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Ian Mckinnon | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Kevin Peterman | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Hope Mead Wynn | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Andrew T Watson | |||||||
| Head of School | 40.00 | 338425 | 0 | 75814 | X | ||
| Dick Elkins | |||||||
| Treasurer | 40.00 | 160683 | 0 | 22666 | X | ||
| Don Smith | |||||||
| Asst. Head of School | 40.00 | 132781 | 0 | 28070 | X | ||
| Gary Gordon | |||||||
| treasurer | 40.00 | 190198 | 0 | 37050 | X | ||
| Jeffrey Morgan | |||||||
| Director of Development | 40.00 | 109459 | 0 | 20378 | X | ||
| Nancy Parker | |||||||
| Business Manager | 40.00 | 113303 | 0 | 19466 | X | ||
| Pam Scanlon | |||||||
| Business Manager | 40.00 | 105096 | 0 | 26356 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1149945 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 229800 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Lerenner Sports Surfaces | |||||
| 775 Canosa Court | Denver | CO | 80204 | Sport Surface Company | 391842 |
| Energy control Inc | |||||
| 2600 American Road SE Suite 360 | Rio Rancho | NM | 87124 | Security and Energy Company | 139608 |
| Meketa Investments | |||||
| 100 Lowder Brook Dr suite 1100 | Westwood | MA | 02090 | Investment Company | 112540 |
| Roof Care | |||||
| 10024 Avenida Vista Sol NW | Albuquerque | NM | 87114 | Roof Company | 109338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Fundraising Events | 33320 | FundraisingEvents |
| Government Grants | 423044 | GovernmentGrants |
| All Other Contributions | 2069107 | AllOtherContributions |
| Noncash Contributions | 251335 | NoncashContributions |
| Total Contributions | 2525471 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition & Fees | 900099 | 18362031 | 18362031 |
| Summer School/Outreach | 900099 | 2242768 | 2242768 |
| Food Services | 900099 | 1296010 | 1296010 |
| Bookstore | 900099 | 517932 | 517932 |
| Media Literacy | 900099 | 99402 | 99402 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 22518143 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5105631 | TotalRevenueColumn |
| Unrelated Business Revenue | 95333 | UnrelatedBusinessRevenue |
| Exclusion | $5,010,298 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27113369 | Securities |
| Other | 23985 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24996009 | Securities |
| Other | 20489 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2117360 | Securities |
| Other | 3496 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2120856 | TotalRevenueColumn |
| Exclusion | $2,120,856 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 17780 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 33320 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 24669 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6889 | TotalRevenueColumn |
| Exclusion | -$6,889 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32263212 | TotalRevenueColumn |
| Related Or Exempt Function Income | 22518143 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 95333 | UnrelatedBusinessRevenue |
| Exclusion | $7,124,265 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4727332 | Total |
| Program Services | 4727332 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 877554 | Total |
| Management And General | 877554 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15251803 | Total |
| Program Services | 14058114 | ProgramServices |
| Management And General | 796581 | ManagementAndGeneral |
| Fundraising | 397108 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1242544 | Total |
| Program Services | 1150904 | ProgramServices |
| Management And General | 54382 | ManagementAndGeneral |
| Fundraising | 37258 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3559134 | Total |
| Program Services | 3480462 | ProgramServices |
| Management And General | 61781 | ManagementAndGeneral |
| Fundraising | 16891 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1090861 | Total |
| Program Services | 999544 | ProgramServices |
| Management And General | 60938 | ManagementAndGeneral |
| Fundraising | 30379 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165034 | Total |
| Management And General | 165034 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73975 | Total |
| Management And General | 73975 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356524 | Total |
| Management And General | 356524 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230809 | Total |
| Management And General | 191111 | ManagementAndGeneral |
| Fundraising | 39698 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114492 | Total |
| Management And General | 114492 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269580 | Total |
| Management And General | 269580 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1003392 | Total |
| Program Services | 1003392 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193711 | Total |
| Program Services | 171311 | ProgramServices |
| Management And General | 10720 | ManagementAndGeneral |
| Fundraising | 11680 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107367 | Total |
| Program Services | 92879 | ProgramServices |
| Management And General | 12682 | ManagementAndGeneral |
| Fundraising | 1806 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 669112 | Total |
| Management And General | 669112 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2241378 | Total |
| Management And General | 2241378 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48418 | Total |
| Management And General | 48418 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Summer school/food/book | 3139277 | 3139277 | ||
| Instructional/student a | 885294 | 885294 | ||
| General | 600256 | 116460 | 483796 | |
| Maintenance & grounds | 576184 | 574029 | 2155 | |
| Administrative | 240821 | 144568 | 96253 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74321 | Total |
| Management And General | 74321 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37739173 | Total |
| Program Services | 30398998 | ProgramServices |
| Management And General | 6706947 | ManagementAndGeneral |
| Fundraising | 633228 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 662098 | BOY |
| EOY | 2628260 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16421065 | BOY |
| EOY | 5256744 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 839491 | BOY |
| EOY | 253992 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 887350 | BOY |
| EOY | 428699 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169396 | BOY |
| EOY | 200090 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 794728 | BOY |
| EOY | 740333 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 74801261 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 41128580 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34766072 | BOY |
| EOY | 33672681 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8826153 | BOY |
| EOY | 19026553 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127065560 | BOY |
| EOY | 83782506 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30630822 | BOY |
| EOY | 31345837 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221062735 | BOY |
| EOY | 177335695 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2348857 | BOY |
| EOY | 2042192 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1176849 | BOY |
| EOY | 1236388 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30343560 | BOY |
| EOY | 29721191 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6006140 | BOY |
| EOY | 5966140 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1260751 | BOY |
| EOY | 1154132 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41136157 | BOY |
| EOY | 40120043 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146778275 | BOY |
| EOY | 101741763 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3962932 | BOY |
| EOY | 19121027 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29185371 | BOY |
| EOY | 16352862 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 179926578 | BOY |
| EOY | 137215652 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221062735 | BOY |
| EOY | 177335695 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 175294 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 181487718 | BeginningOfYearBalance |
| Contributions | -2944319 | Contributions |
| Investment Earnings Or Losses | -29663936 | InvestmentEarningsOrLosses |
| Other Expenditures | 10622000 | OtherExpenditures |
| Administrative Expenses | 356524 | AdministrativeExpenses |
| End Of Year Balance | 137900939 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 244608876 | BeginningOfYearBalance |
| Contributions | 3011787 | Contributions |
| Investment Earnings Or Losses | -53531010 | InvestmentEarningsOrLosses |
| Other Expenditures | 12302256 | OtherExpenditures |
| Administrative Expenses | 299679 | AdministrativeExpenses |
| End Of Year Balance | 181487718 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.88000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.12000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 397023 | OtherCostOrOtherBasis |
| Book Value | 397023 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 60678219 | OtherCostOrOtherBasis |
| Depreciation | 29678306 | Depreciation |
| Book Value | 30999913 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9923918 | OtherCostOrOtherBasis |
| Depreciation | 8697132 | Depreciation |
| Book Value | 1226786 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3802101 | OtherCostOrOtherBasis |
| Depreciation | 2753142 | Depreciation |
| Book Value | 1048959 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33672681 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Other Investments | 30875480 | F |
| Investment in High Desert corporation | 34318102 | F |
| Real Estate | 18588924 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 83782506 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Accrued Investment Income | 719644 |
| Split Interest Agreement | 397370 |
| Bond Issuance and Financing Cost, Net | 247160 |
| Assets held in trust by others | 29981663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 31345837 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuity and other split interest obligations | $234,990 |
| Loan Guarantee | $17,314 |
| Interest Rate Swap Agreement | $901,828 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1154132 | TotalOfAmounts |
| Total Revenue | 32263212 | TotalRevenue |
| Total Expenses | 37739173 | TotalExpenses |
| Excess Or Deficit For Year | -5475961 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2108547 | NetUnrealizedGLOnInvestments |
| Other | -$39,343,512 | OtherAmount |
| Total Adjustments | -37234965 | TotalAdjustments |
| Excess Or Deficit Per FS | -42710926 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | -4971753 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2108547 | NetUnrealizedGainsInvestments |
| Other Revenues | -39343512 | OtherRevenues |
| Revenue Not Rptd F990 | -37234965 | RevenueNotRptdF990 |
| Revenue Subtotal | 32263212 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 32263212 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 37739173 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 37739173 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 37739173 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | The organization's income tax footnote contains a description of the requirements of FIN 48. It then contains the following text: As of June 30, 2010, the Academy and High Desert performed comprehensive reviews of their material tax positions in accordance with recognition and measurement standards established by GAAP. As a result of these reviews, the Academy qualified as a tax exempt organization under Section 501(c)(3) of the IRC and had no unreported income derived from unrelated business activities. Additionally, the Academy and High Desert did not identify any entity level tax positions that would not meet the more-likely than-not threshold. |
| PART III-THE ACADEMY MAINTAINS A SMALL ART COLLECTION CONSISTING OF ITEMS DONATED TO THE SCHOOL OVER THE PAST 25 YEARS. INCLUDED IN THIS COLLECTION IS A SERIES OF PHOTOGRAVURES, A FLEMISH TAPESTRY, AND SEVERAL OIL PAINTINGS (INCLUDING PORTRAITS OF MR. AND MRS. SIMMS, MAJOR DONORS TO THE SCHOOL). THE ART COLLECTION IS CURRENTLY DISPLAYED IN VARIOUS VENUES ACROSS CAMPUS FOR THE EDIFICATION OF OUR STUDENTS AS WELL AS FOR THE ENJOYMENT OF VISITORS TO OUR CAMPUS. IT IS ANTICIPATED THAT ITEMS WITHIN THE COLLECTION WILL GROW IN VALUE OVER TIME AND MAY EVENTUALLY BE SOLD TO SUPPORT VARIOUS PROGRAMS AND INITIATIVES BENEFITING THE SCHOOL'S STUDENTS. PART V-ALBUQUERQUE ACADEMy's ENDOWMENT, CONSISTING OF PERMANENT FUNDS AND A QUASI-ENDOWMENT FUND, PROVIDES VITAL FINANCIAL SUPPORT FOR THE ACADEMY'S MISSION. THE ENDOWMENT SUSTAINS OPPORTUNITIES OF REMARKABLE SCOPE, INCLUDING EXPERIENTIAL AND OUTDOOR EDUCATION, DEEP ACADEMIC EXCELLENCE, GLOBAL EXCHANGES AND LANGUAGES AND SUSTAINABILITY INITIATIVES CLOSELY ATTUNED TO OUR CHANGING WORLD. THESE PROGRAMS MAKE THE STUDENT EXPERIENCE HERE ONE OF THE BROADEST IN INDEPENDENT EDUCATION. THE ENDOWMENT ALSO SUPPORTS OUR UNIQUE ADMISSION PROCESS AND GENEROUS FINANCIAL AID PROGRAM. THESE PROGRAMS ARE COMMITTED TO PROVIDING ACCESS TO THE ACADEMY FOR STUDENTS OF TALENT AND CHARACTER FROM THROUGHOUT THE CITY, REGION, AND (AT TIMES) COUNTRY AS THEY SEEK AN ENRICHED AND MEANINGFUL EDUCATIONAL EXPERIENCE. FINALLY, THE ACADEMY'S ENDOWMENT SUPPORTS OUR OUTREACH PROGRAMS AND CAMPUS EVENTS. OUR EVENING COMMUNITY ACADEMY CLASSES AND LECTURES, CHARGER AQUATICS PROGRAM, SUMMER SESSION, AND ARTISTIC, ATHLETIC, AND VOLUNTEER EVENTS ON CAMPUS ALL EXEMPLIFY OUR COMMUNITY OUTREACH AND THE ACADEMY'S BELIEF IN LIFE-LONG LEARNING. PART XI, LINE 8: HIGH DESERT SUBSIDIARY LOSS ADJUSTMENT (4,092,291.) AND MARIPOSA MARKET VALUE ADJUSTMENT (35,251,221.) FOR A TOTAL OF (39,343,512.). |
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 |
| Pub Via Broadcast Media Expln | Albuquerque Academy publishes its non-discrimination statement as follows: School Magazine "The Current" (Annually), Admission Brochure, Admission View Book, Admission/Financial Aid Forms, College Profile Guide, Summer Session Catalogue, New Parent Guidebook, Posted on the Academy's Website under Facts & Stats on the employment page, Albuquerque Journal (Annually) | PubViaBroadcastMediaExpln |
| 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 | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | THE ACADEMY RECEIVES FUNDS FROM THE FEDERAL GOVERNMENT IN THE FORM OF THE NATIONAL SCHOOL LUNCH PROGRAM AND FROM THE STATE OF NEW MEXICO IN THE FORM OF ASSISTANCE IN THE PURCHASE OF TEXTBOOKS. THE ALBUQUERQUE ACADEMY FOUNDATION LOCATED AT 6400 WYOMING BLVD. NE, ALBUQUERQUE, NM 87109-3899 PROVIDES THE ACADEMY GRANTS FOR USE IN SUPPORTING EDUCATIONAL PROGRAMS FOR OTHER MEMBER SCHOOLS OF THE INDEPENDENT SCHOOL ASSOCIATION OF THE SOUTHWEST BY PROVIDING ASSISTANCE FOR FACULTY AND CURRICULUM DEVELOPMENT. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Tournament | NameOfEvent1 |
| Gross Receipts Event1 | 51100 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 33320 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 17780 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 4088 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 18919 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 957 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 705 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 51100 | GrossReceiptsTotal |
| Charitable Contributions Total | 33320 | CharitableContributionsTotal |
| Gross Revenue Total Events | 17780 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 4088 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 18919 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 957 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 705 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 24669 | DirectExpenseSummaryEvents |
| Net Income Summary | -6889 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Financial Aid | TypeOfGrant |
| Number Of Recipients | 356 | NumberOfRecipients |
| Amount Of Cash Grant | 4727332 | AmountOfCashGrant |
| Method Of Valuation | N/A | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Information: | Identifier |
| Return Reference | Part IV: | ReturnReference |
| Explanation | PART I, Line 2 -THE ALBUQUERQUE ACADEMY EDUCATIONAL FOUNDATION SERVES CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES AND PROVIDES GRANTS FOR FACULTY AND STAFF PROFESSIONAL DEVELOPMENT, CURRICULUM DEVELOPMENT AND SCHOOL SUSTAINABILITY (FINANCIAL, SOCIAL AND ENVIRONMENTAL). THE FOUNDATION OPERATES AS A SUPPORTING ORGANIZATION FOR NEW MEXICO MEMBER SCHOOLS OF THE INDEPENDENT SCHOOLS ASSOCIATION OF THE SOUTHWEST. FOR CONSIDERATION, A SCHOOL IS REQUIRED TO SUBMIT A PROPOSAL WHICH REFLECTS A BROAD VISION FOR THE APPLYING SCHOOL AND WHICH DESCRIBES HOW FUNDING WILL ASSIST IN ACHIEVING THIS VISION. THE PROPOSAL MUST INCLUDE A PROJECT SUMMARY INCLUDING GOALS, A STATEMENT OF NEED FOR THE PROJECT WITHIN THE SCHOOL AND NUMBER OF STUDENTS IMPACTED, A DETAILED BUDGET AND A PLAN FOR MONITORING AND EVALUATING THE PROJECT. THERE IS A FIRM DEADLINE FOR SUBMISSIONS, WITH ALL PROPOSALS BEING REVIEWED AND EVALUATED BY THE BOARD OF THE FOUNDATION. SELECTED SCHOOLS ARE NOTIFIED, WITH A COPY OF THE NOTIFICATION DIRECTED TO THE ALBUQUERQUE ACADEMY ACCOUNTING OFFICE WHICH HANDLES THE DISBURSEMENT OF FUNDS. THE ACCOUNTING OFFICE MAINTAINS A GENERAL LEDGER ACCOUNT WHICH IS RECONCILED TO BALANCE TO THE DISBURSEMENT NOTIFICATION FORMS. Grants are also maintained by the foundation for reference in subsequent years to ensure that all schools are being equitably funded. FUNDING WAS SUSPENDED INDEFINATELY BEGINNING FY 2010. Financial aid is awarded based solely upon demonstrated financial need. A family's need is assessed through a comprehensive screening process. The process requires that the family complete an application and provide the school with a full set of tax returns including all supporting schedules. To determine the appropriate grant, the academy utilizes a standard methodology provided by the school and student services (SSS) and which is used by independent schools nationwide. This methodology calculates a contribution for each individual family based upon the family's specific financial situation and discretionary income. Prior to making any award, each applicant file and proposed award is carefully reviewed by a committee to ensure the decisions are based on consistent application of need based criteria. Financial aid is awarded for one year only; applicants must reapply annually by submitting a new application and the tax documentation. In addition to a committee review of each award, the financial aid office conducts a random audit of files annually as another check to ensure that all financial aid is being awarded appropriately and with the proper supporting documentation. On a monthly basis, the business office compares financial aid subsidiary ledger postings to a list of aid awards provided by the financial aid office to ensure there are no discrepancies between the two amounts. Any discrepancies are promptly researched and resolved. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Andrew T Watson | |||||||||||||
| 298425 | 0 | 40000 | 0 | 0 | 0 | 0 | 0 | 75814 | 0 | 414239 | 0 | 0 | 0 |
| Dick Elkins | |||||||||||||
| 160683 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22666 | 0 | 183349 | 0 | 0 | 0 |
| Don Smith | |||||||||||||
| 132781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28070 | 0 | 160851 | 0 | 0 | 0 |
| Gary Gordon | |||||||||||||
| 190198 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37050 | 0 | 227248 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Carol Watson | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Spouse of Head of School | Relationship |
| Amount Of Transaction | 64177 | AmountOfTransaction |
| Description Of Transaction | w-2 salary | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 251335 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Selling Price | 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 | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | THE FORM 990 IS PREPARED BY THE ORGANIZATION's CONTROLLER WITH A REVIEW BY THE SCHOOL's BUSINESS MANAGER AND BY ITS EXTERNAL ACCOUNTING FIRM. A DRAFT FORM IS SENT ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF TRUSTEES. IT IS ACCOMPANIED BY A SUMMARY REPORT FROM THE BUSINESS MANAGER WHICH EXPLAINS THE FINANCIAL DATA AND NARRATIVE INFORMATION INCLUDED IN THE FORM. THE BOARD OF TRUSTEE's AUDIT COMMITTEE MEETS WITH SCHOOL EMPLOYEES (HEAD OF SCHOOL, TREASURER AND BUSINESS MANAGERS) TO REVIEW THE FORM IN DETAIL. TRUSTEE MEMBERS UTILIZE THIS TIME TO ASK QUESTIONS, CLARIFY DATA AND MAKE SUGGESTIONS FOR ANY CHANGES. ANY AGREED UPON CHANGES ARE INCORPORATED INTO THE FORM, WITH A FINAL REVIEW UNDERTAKEN BY THE CONTROLLER AND THE BUSINESS MANAGER. THE FORM IS SUBMITTED TO THE IRS IN A TIMELY MANNER. | |
| Form 990, Part VI, Section B, line 12c | THE CONFLICT OF INTEREST STATEMENT IS DIRECTED TO OFFICERS, ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO ARE DESCRIBED AS MANAGEMENT PERSONNEL AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING THE SCHOOL. EACH AFOREMENTIONED EMPLOYEE MUST SIGN ANNUALLY A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. TO ENSURE THE SCHOOL OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS FOR CONFLICT OF INTEREST TRANSACTIONS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM,INCLUDE WHETHER TRANSACTIONS BETWEEN EMPLOYEES AND THE SCHOOL ARE NEGOTIATED AS THE RESULT OF ARM's LENGTH BARGAINING AND WHETHER PARTNERSHIPS, JOINT VENTURES AND ANY OTHER BUSINESS ARRANGEMENTS WITH THE SCHOOL ARE PROPERLY RECORDED. TRANSACTIONS ARE FURTHER REVIEWED TO ENSURE THEY REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, THEY FURTHER CHARITABLE PURPOSES AND THEY DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR AN EXCESS BENEFIT TRANSACTION. ACCOUNTING AND OTHER PERSONNEL ARE ENCOURAGED TO REPORT A SITUATION INVOLVING A POTENTIAL CONFLICT OF INTEREST TO AN APPROPRIATE SCHOOL OFFICIAL. | |
| Form 990, Part VI, Section B, line 15 | The Board of Trustees' Executive Committee takes responsibility for the evaluation of its two direct reports, the Head of School and the Treasurer, and for the determination of compensation for each of those individuals. The Executive Committee consists of the Board Chair, Vice-Chair, Secretary, Assistant Secretary, Assistant Treasurer, and two at-large Board members appointed by the Chair. All Board members, including the members of the Executive Committee, submit a conflicts of interest disclosure statement to the Chair of the Board annually. These are utilized to determine that the committee members do not have any conflicts of interest and that they do not have any direct financial interest in the compensation provided to the Head of School or Treasurer. The Executive Committee has, in some years, retained a compensation consultant intimately familiar with compensation for the Heads of independent schools both in the region and nationally. The consultant has no financial or other interest in the compensation decisions made. The consultant has prepared a study of up to thirty or forty schools that are or may be comparable to the Albuquerque Academy in terms of complexity, size of operating budget, grade range, and student body size. In addition, the consultant considers Heads of school with experience levels comparable to the Academy's Head of School. The consultant's compensation information includes evidence of salary, bonuses, benefits, and other non-cash consideration that other Heads may receive. The Executive Committee considers the information assembled by the consultant, and in addition, information gathered from news sources and independent school assiciations, in setting compensation for the Head of School, together with any information obtained from any evaluations that may have been performed, ordinarily in the spring and early summer, in advance of the beginning of the Academy's fiscal year, which begins July 1. Compensation is set at that time for the next fiscal year. The Executive Committee maintains minutes of its meetings, including those in which compensation matters are considered. The Chair of the Board reports the compensation decisions to the full Board. The most recent compensation consultant study was completed during the 2009-2010 fiscal year. Due to econimic conditions the Head of School's compensation was continued as established for the current year. The compensation consultant provided a letter to the Academy's Executive Committee confirming his judgment that the Head of School's compensation is reasonable and appropriate. Determining comparability of the Treasurer's compensation is a more difficult proposition because of the paucity of information available. The Treasurer's position at the Academy involves a fairly unique set of responsibilities ranging from management of a substantial endowment to a wide range of debt management, business and financial matters. One of the reports done by the compensation consultant did include some information regarding the Treasurer's compensation by comparability to the second highest paid officer at the subject schools. That information, coupled with information from a survey by an association of school business officers and the knowledge of the members of the Executive Committee of compensation levels prevailing in the geographic area for persons with the skill set and work ethic necessary to fill this office have been used to set compensation since that study. We have a new Treasurer in office during the last year, and are looking for additional means of doing comparisons of compensation as this person grows in his service in the position. Prospectively, the Executive Committee hopes to be able to use additional resources for making compensation decisions. We think that the newly enhanced versions of the Form 990's available from comparable schools will allow us to proceed during most years, by considering those (perhaps with a limited accounting firm confirmation of the information) together with information available from school and business associations each year, and adding in a consultant's study and report on a basis less than annually. | |
| Form 990, Part VI, Section C, line 19 | THE SCHOOL KEEPS A DATABASE (UPDATED EACH YEAR) OF FINANCIAL INSTITUTIONS, BONDHOLDERS AND VENDORS WHO HAVE REQUESTED A COPY OF THE SCHOOL's AUDITED FINANCIAL STATEMENTS AS A CONDITION OF PROVIDING CREDIT AND SERVICES TO THE SCHOOL. AFTER THE AUDIT IS COMPLETED AND ACCEPTED BY THE BOARD OF TRUSTEES, ELECTRONIC COPIES OF THE STATEMENTS ARE DISTRIBUTED TO ALL ENTITIES IN THE DATABASE. THE SCHOOL DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. | |
| Form 990, Page 11, Part XI, Line 2c: | The process for oversight of the financial statement audit by the audit committee has not changed from the prior year. | Audit process disclosure requested in Form 990 instructions: |
| 990 Part I, Line 1, Description of organization mission continued: | Academy students serve the community to which they belong, compete in a variety of competitive sports and participate in a variety of academic clubs and student organizations. Most Academy students attend four-year colleges and universities upon graduation, many of them enrolling at some of the best universities in the country. Admission to the Academy is competitive; approximately one-third of those who apply are offed admission. In 2009-2010, the student body comprises half boys and half girls, 45 percent are students of color and 28% received over $3.7 million in financial aid. Financial aid is based on demonstrated financial need; only after students are admitted are their needs assessed and financial aid offered. | |
| 990 Part III, Line 1, Description of Organization Mission Continued: | WE ENTRUST THIS MISSION TO OUR GRADUATES AND SUCCESSORS AS WE PRESERVE OUR RESOURCES AND SERVE THE GENERATIONS OF CHILDREN TO COME. | |
| Form 990, Page 5, Part V, Lines 7g & H: | The organization did not receive contributions of the type listed and, therefore, does not have a reporting requirement. These questions have not been answered as they are not applicable. | Form 8899 and 1099-C reporting: |
| Form 990, Page 5, Part V, Line 2a: | Of the 1,037 employees reported on line 2a, 281 are full-time staff/faculty employees, 276 are part-time employees, 121 are full-time employees employed during the summer session only and 359 are part-time employees employed during the summer session only. | Employee Explanation: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| Albuquerque Academy Educational Foundation | |||||||||
| 6400 Wyoming Blvd NE | Albuquerque | NM | 87109 | 850381395 | support for ISAS | NM | 501(c)(3) | type II | N/A |
| Albuquerque Academy Student Support Foundation | |||||||||
| 6400 Wyoming Blvd NE | albuquerque | NM | 87109 | 205895188 | Provide support | NM | 501(c)(3) | type II | N/A |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | High Desert Investment Corporation | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2500 parkway Ave NE Suite 200 | AddressLine1 |
| City | Rio Rancho | City |
| State | NM | State |
| ZIP Code | 87144 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850394108 | EIN |
| Primary Activity | Real Estate | PrimaryActivity |
| Legal Domicile State | NM | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | -4092291 | ShareOfTotalIncome |
| Share Of EOY Assets | 34318102 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 1 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| High Desert Investment Corporation | |
| D | 4000000 |
| HIGH Desert Investment Corporation | |
| G | 960123 |
| High Desert Investment Corporation | |
| N | 6065 |
| HIGH DESert Investment Corporation | |
| P | 78148 |
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