MARVELWOOD PREPARATORY SCHOOL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- MARVELWOOD PREPARATORY SCHOOL (EIN 06-0726595)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-10
- IRS object ID
- 201111309349301606
- 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 F
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-10T11:08:24-05:00 | 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 | Tracy E Fillow CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23 South Main St PO Box 799 | AddressLine1 |
| City | Kent | City |
| State | CT | State |
| ZIP Code | 06757 | 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 | 060726595 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARVELWOOD SCHOOL Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARV | NameControl |
| Phone | 8609275316 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 476 SKIFF MT RD PO BOX 3001 | AddressLine1 |
| City | KENT | City |
| State | CT | State |
| ZIP Code | 067573001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANN BRENNAN | Name |
| Title | BUSINESS MANAGER | Title |
| Phone | 8609275316 | Phone |
| Date Signed | 2011-05-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Tracy E Fillow CPA | Name |
| Phone | 8609274848 | Phone |
| Date Prepared | 2011-04-28 | DatePrepared |
| Self Employed | X | SelfEmployed |
| 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 | SCOTT POTTBECKER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 476 SKIFF MOUNTAIN ROAD | AddressLine1 |
| City | KENT | City |
| State | CT | State |
| ZIP Code | 06757 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9874399 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MARVELWOOD.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1956 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | Marvelwood is a boarding school providing college-preparatory education to approx. 180 students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 104 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 179291 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 326458 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 438811 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 8369430 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8640362 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -173281 | InvestmentIncomePriorYear |
| Investment Income Current Year | 38953 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 230128 | OtherRevenuePriorYear |
| Other Revenue Current Year | 264715 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8752735 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9382841 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 693370 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 863020 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3437002 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3575514 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 273427 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4237835 | OtherExpensePriorYear |
| Other Expenses Current Year | 4246326 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8368207 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8684860 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 384528 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 697981 | RevenuesLessExpensesCY |
| Total Assets BOY | 14856947 | TotalAssetsBOY |
| Total Assets EOY | 14906076 | TotalAssetsEOY |
| Total Liabilities BOY | 9921894 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9436242 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4935053 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5469834 | NetAssetsOrFundBalancesEOY |
| Mission Description | Marvelwood's mission is to provide the path that leads topersonal growth and academic success for young peoplewilling to get involved in their own education andcommitted to the challenge of preparing for college.The School is an optimistic place that provides a structured,supportive and challenging environment, celebrates diversity,and awakens untapped potential. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6850154 | Expense |
| Grants | 862500 | Grants |
| Revenue | 8611786 | Revenue |
| Description | MARVELWOOD PROVIDES SECONDARY SCHOOL EDUCATION TO APPROXIMATELY 180, PRIMARILY BOARDING, STUDENTS. NONACADEMIC PROGRAMS INCLUDE WEEKLY COMMUNITY SERVICE, VISUAL AND PERFORMING ARTS ELECTIVES AND INTERSCHOLASTIC AND NONCOMPETITIVE SPORTS. THE SCHOOL PROVIDES A STRUCTURED, SUPPORTIVE AND CHALLENGING ENVIRONMENT, FOR COLLEGE PREPARATORY EDUCATION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 77711 | Expense |
| Grants | 520 | Grants |
| Revenue | 52800 | Revenue |
| Description | MARVELWOOD OFFERS TWO SUMMER PROGRAMS. THE ACADEMIC AND LEADERSHIP PROGRAM IS FOUR WEEKS OF ACADEMIC INSTRUCTION, SUPPLEMENTED WITH AFTERNOON LEADERSHIP SEMINARS AND ARTISTIC OPTIONS. THE ENGLISH LANGUAGE LEARNERS' PROGRAM OFFERS TWO WEEKS OF INTENSIVE ENGLISH LANGUAGE INSTRUCTION, WITH CULTURAL IMMERSION ACTIVITIES IN THE AFTERNOONS. DURING THE SUMMER OF 2009 THERE WERE APPROXIMATELY 11 STUDENTS WHO BENEFITTED FROM THESE PROGRAMS. MARVELWOOD SUMMER PROGRAM PARTICIPANTS RETURN TO THEIR HOME SCHOOLS WITH A STRONG SENSE OF ACCOMPLISHMENT, A WEALTH OF STRATEGIES FOR CONTINUED SUCCESS, AND A RENEWED SENSE OF CONFIDENCE IN THEMSELVES AND THEIR ABILITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 6927865 | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | 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 | 0 | 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 | 0 | 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 |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 82 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 104 | 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 |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | 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 | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN BRENNAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8609275316 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 476 SKIFF MOUNTAIN ROAD | AddressLine1 |
| City | KENT | City |
| State | CT | State |
| ZIP Code | 06757 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ALFRED C BROOKS | ||||||
| PRESIDENT, CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| WILLIAM J EDWARDS | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| JAMES R SAMARTINI | ||||||
| TREASURER, VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| THOMAS H C PATTERSON | ||||||
| CHAIR, ADMISSIONS | 2.00 | X | 0 | 0 | 0 | |
| MARY BAINBRIDGE | ||||||
| CHAIR, TRUSTEES | 2.00 | X | 0 | 0 | 0 | |
| MARK BODEN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| TED BOHNEN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOHN REYHAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| SARAH D'AGOSTINO CHRISTENSEN | ||||||
| CHAIR, DEVELOPMENT | 2.00 | X | 0 | 0 | 0 | |
| THOMAS ADAMS | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JAMES T SWANSON | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| DAVID YARNELL | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| PETER GROSSMAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| ROBERT BASCHE | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| MARK ESPOSITO | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| ANTHONY O'MALLEY | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| MICHELLE GORMAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| SCOTT POTTBECKER | ||||||
| HEADMASTER/NON VOTING | 40.00 | X | 145236 | 0 | 31730 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 145236 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 31730 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PREFERRED MAINTENANCE LLC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 SOUTH END PLAZA | AddressLine1 |
| City | NEW MILFORD | City |
| State | CT | State |
| ZIP Code | 06776 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | HOUSEKEEPING | DescriptionOfServices |
| Compensation | 151858 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 264 | GovernmentGrants |
| All Other Contributions | 438547 | AllOtherContributions |
| Noncash Contributions | 9440 | NoncashContributions |
| Total Contributions | 438811 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 900099 | 8587562 | 8587562 |
| SUMMER PROGRAM TUITION | 900099 | 52800 | 52800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8640362 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 49521 | TotalRevenueColumn |
| Exclusion | $49,521 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 311624 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 322192 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -10568 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -10568 | TotalRevenueColumn |
| Exclusion | -$10,568 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 13327 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 9280 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4047 | TotalRevenueColumn |
| Exclusion | $4,047 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 217239 | GrossSalesOfInventory |
| Cost Of Goods Sold | 160086 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57153 | TotalRevenueColumn |
| Exclusion | $57,153 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| FACILITY RENTAL | 721000 | 179291 | 179291 | |
| INSURANCE BENEFIT | 900099 | 17723 | 17723 | |
| FINANCE CHARGE | 900099 | 3649 | 3649 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2852 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2852 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 203515 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9382841 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8664586 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 179291 | UnrelatedBusinessRevenue |
| Exclusion | $100,153 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 644020 | Total |
| Program Services | 644020 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219000 | Total |
| Program Services | 219000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145008 | Total |
| Management And General | 145008 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2775815 | Total |
| Program Services | 2123698 | ProgramServices |
| Management And General | 535031 | ManagementAndGeneral |
| Fundraising | 117086 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99976 | Total |
| Program Services | 57888 | ProgramServices |
| Management And General | 36174 | ManagementAndGeneral |
| Fundraising | 5914 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 327887 | Total |
| Program Services | 265235 | ProgramServices |
| Management And General | 56329 | ManagementAndGeneral |
| Fundraising | 6323 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226828 | Total |
| Program Services | 169252 | ProgramServices |
| Management And General | 48551 | ManagementAndGeneral |
| Fundraising | 9025 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14257 | Total |
| Management And General | 14257 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23750 | Total |
| Management And General | 23750 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10376 | Total |
| Management And General | 10376 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106527 | Total |
| Program Services | 23937 | ProgramServices |
| Management And General | 82590 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63278 | Total |
| Management And General | 63278 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 156830 | Total |
| Program Services | 57718 | ProgramServices |
| Management And General | 57259 | ManagementAndGeneral |
| Fundraising | 41853 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92340 | Total |
| Program Services | 71714 | ProgramServices |
| Management And General | 13120 | ManagementAndGeneral |
| Fundraising | 7506 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1324840 | Total |
| Program Services | 1232101 | ProgramServices |
| Management And General | 66242 | ManagementAndGeneral |
| Fundraising | 26497 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172762 | Total |
| Program Services | 93508 | ProgramServices |
| Management And General | 73299 | ManagementAndGeneral |
| Fundraising | 5955 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6449 | Total |
| Program Services | 5998 | ProgramServices |
| Management And General | 322 | ManagementAndGeneral |
| Fundraising | 129 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 558426 | Total |
| Program Services | 489066 | ProgramServices |
| Management And General | 58842 | ManagementAndGeneral |
| Fundraising | 10518 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193021 | Total |
| Program Services | 190329 | ProgramServices |
| Management And General | 1923 | ManagementAndGeneral |
| Fundraising | 769 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD & KITCHEN SERVICES | 571524 | 531518 | 28576 | 11430 |
| FIELD TRIPS&RECREATION | 355091 | 355091 | ||
| TEACHING MATERIALS | 95504 | 95504 | ||
| OUTSIDE SERVICES | 93679 | 12554 | 76845 | 4280 |
| MEDICAL EXPENSE | 87064 | 87064 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320608 | Total |
| Program Services | 202670 | ProgramServices |
| Management And General | 91796 | ManagementAndGeneral |
| Fundraising | 26142 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8684860 | Total |
| Program Services | 6927865 | ProgramServices |
| Management And General | 1483568 | ManagementAndGeneral |
| Fundraising | 273427 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42982 | BOY |
| EOY | 5947 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2622207 | BOY |
| EOY | 3176647 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89384 | BOY |
| EOY | 7264 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34423 | BOY |
| EOY | 6391 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89137 | BOY |
| EOY | 77356 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93891 | BOY |
| EOY | 97493 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 13971278 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3918280 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10262665 | BOY |
| EOY | 10052998 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 958531 | BOY |
| EOY | 1081185 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 663727 | BOY |
| EOY | 400795 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14856947 | BOY |
| EOY | 14906076 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 159095 | BOY |
| EOY | 207822 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3512551 | BOY |
| EOY | 3348510 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4221147 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1364080 | BOY |
| EOY | 5636214 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 665021 | BOY |
| EOY | 243696 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9921894 | BOY |
| EOY | 9436242 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3596445 | BOY |
| EOY | 3983365 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 203450 | BOY |
| EOY | 345754 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1135158 | BOY |
| EOY | 1140715 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4935053 | BOY |
| EOY | 5469834 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14856947 | BOY |
| EOY | 14906076 | 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 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 | 1274856 | BeginningOfYearBalance |
| Contributions | 48846 | Contributions |
| Investment Earnings Or Losses | 128569 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1128 | GrantsOrScholarships |
| Other Expenditures | 28568 | OtherExpenditures |
| End Of Year Balance | 1422575 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1535787 | BeginningOfYearBalance |
| Contributions | 11410 | Contributions |
| Investment Earnings Or Losses | -230094 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1466 | GrantsOrScholarships |
| Other Expenditures | 40781 | OtherExpenditures |
| End Of Year Balance | 1274856 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.20000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.80000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 810000 | OtherCostOrOtherBasis |
| Book Value | 810000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10209876 | OtherCostOrOtherBasis |
| Depreciation | 2041433 | Depreciation |
| Book Value | 8168443 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2100573 | OtherCostOrOtherBasis |
| Depreciation | 1610386 | Depreciation |
| Book Value | 490187 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 850829 | OtherCostOrOtherBasis |
| Depreciation | 266461 | Depreciation |
| Book Value | 584368 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 10052998 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT MISC. ACCOUNTS-CREDITS | $235,696 |
| RESERVE FOR HEALTH INS. DEDUCTIBLES | $8,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 243696 | TotalOfAmounts |
| Total Revenue | 9382841 | TotalRevenue |
| Total Expenses | 8684860 | TotalExpenses |
| Excess Or Deficit For Year | 697981 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 103159 | NetUnrealizedGLOnInvestments |
| Other | -$266,359 | OtherAmount |
| Total Adjustments | -163200 | TotalAdjustments |
| Excess Or Deficit Per FS | 534781 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9660923 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 103159 | NetUnrealizedGainsInvestments |
| Other Revenues | 174923 | OtherRevenues |
| Revenue Not Rptd F990 | 278082 | RevenueNotRptdF990 |
| Revenue Subtotal | 9382841 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9382841 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9126142 | TotExpensesEtcAuditedFinclStmt |
| Losses Reported | 271916 | LossesReported |
| Other Expenses Included | 169366 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 441282 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8684860 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8684860 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | MARVELWOOD HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ARE INTENDED TO PROVIDE AT LEAST A 5% RETURN TO OPERATIONS OF THE SCHOOL. THESE ENDOWMENT EARNINGS ARE RESTRICTED FOR FACULTY SALARIES, SCHOLARSHIPS, STUDENT RECREATION AND SUPPORT, AS WELL AS, THE GENERAL OPERATIONS OF THE SCHOOL. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT - 15,145 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 5,557 NON OPERATING LOSS - DEBT RETIREMENT -256,771 TOTAL -266,359 PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 9,280 COST OF GOODS SOLD 160,086 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 5,557 TOTAL 174,923 PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 160,086 SPECIAL EVENTS EXPENSE 9,280 TOTAL 169,366 |
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 | THE FOLLOWING STATEMENT WAS PUBLISHED IN THE HARTFORD CURRENT NEWSPAPER ON NOVEMBER 11,2009: "THE SCHOOLS LISTED BELOW(INCLUDING MARVELWOOD SCHOOL) ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. THEY DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES ADDMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." | 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 SCHOOL RECEIVED A REIMBURSEMENT TYPE GRANT FROM THE REGION 1 REGIONAL SCHOOL SERVICES CENTER. THIS GRANT WAS USED FOR AN ANTI-SMOKING CLASS. THE TOTAL RECEIVED FOR THE YEAR ENDED JUNE 30, 2010 WAS $264. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 0 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (4 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|
| FINANCIAL AID TO ATTEND MARVELWOOD SCHOOL | EAST ASIA AND THE PACIFIC | 6 | 68000 | DOLLAR FOR DOLLAR REDUCTION IN TUITION | FMV |
| FINANCIAL AID TO ATTEND MARVELWOOD SCHOOL | CENTRAL AMERICA AND THE CARIBBEAN | 3 | 96000 | DOLLAR FOR DOLLAR REDUCTION IN TUITION | FMV |
| FINANCIAL AID TO ATTEND MARVELWOOD SCHOOL | SUB-SAHARAN AFRICA | 1 | 35000 | DOLLAR FOR DOLLAR REDUCTION IN TUITION | FMV |
| FINANCIAL AID TO ATTEND MARVELWOOD SCHOOL | EUROPE | 1 | 20000 | DOLLAR FOR DOLLAR REDUCTION IN TUITION | FMV |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants Outside the U.S.: | Identifier |
| Explanation | Schedule F, Part I, Line 2: MARVELWOOD SCHOOL AWARDS FINANCIAL AID BASED ON FINANCIAL NEED. THE SCHOOL USES AN OBJECTIVE METHODOLOGY PROVIDED BY AN INDEPENDENT SERVICE FOR CALCULATING A FAMILY'S ABILITY TO CONTRIBUTE TO EDUCATION EXPENSES. FINANCIAL AID IS AWARDED ANNUALLY FOR ONE YEAR, THEREFORE, FINANCIAL AID REQUESTS MUST BE MADE EACH YEAR. FINANCIAL AID IS A DOLLAR FOR DOLLAR REDUCTION IN TUITION; NO CASH IS DISTRIBUTED. THEREFORE, IT IS NOT NECESSARY FOR THE SCHOOL TO MONITOR THE AWARD TO ENSURE PROPER USE. | Explanation |
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 TO STUDENTS ATTENDING MARVELWOOD SCHOOL | TypeOfGrant |
| Number Of Recipients | 37 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 644020 | AmountOfNonCashAssistance |
| Method Of Valuation | FAIR MARKET VALUE | MethodOfValuation |
| Description Of Non Cash Assistance | DOLLAR FOR DOLLAR REDUCTION OF TUITION AND FEES. | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: MARVELWOOD SCHOOL AWARDS FINANCIAL AID BASED ON FINANCIAL NEED. THE SCHOOL USES AN OBJECTIVE METHODOLOGY PROVIDED BY AN INDEPENDENT SERVICE FOR CALCULATING A FAMILY'S ABILITY TO CONTRIBUTE TO EDUCATION EXPENSES. FINANCIAL AID IS AWARDED ANNUALLY FOR ONE YEAR, THEREFORE, FINANCIAL AID REQUESTS MUST BE MADE EACH YEAR. FINANCIAL AID IS A DOLLAR FOR DOLLAR REDUCTION IN TUITION; NO CASH IS DISTRIBUTED. THEREFORE, IT IS NOT NECESSARY FOR THE SCHOOL TO MONITOR THE AWARD TO ENSURE PROPER USE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT POTTBECKER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 145236 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 7250 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 24480 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 176966 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | THE ORGANIZATION'S POLICY IS TO HAVE FORM 990 REVIEWED BY THE BOARD TREASURER OR CHAIRMAN, BY THE CEO/HEADMASTER AND BY THE BUSINESS MANAGER PRIOR TO FILING WITH THE IRS. |
| Form 990, Part VI, Section B, line 12 | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY STATES THAT ALL TRUSTEES MUST DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTERST AT THE EARLIEST PRACTICABLE TIME AND THAT NO TRUSTEE SHALL PARTICIPATE IN DISCUSSIONS AND DELIBERATIONS OR VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. |
| Form 990, Part VI, Section B, line 15a | COMPENSATION OF THE ORGANIZATION'S CEO/HEADMASTER IS EVALUATED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE OBTAINS WRITTEN EVALUATIONS OF THE HEADMASTER FROM SOME EMPLOYEES AND MOST BOARD MEMBERS. THESE EVALUATIONS ARE EXAMINED AND SUMMARIZED TO ASSIST IN ASSESSING CEO PERFORMANCE. PERIODICALLY, THE COMMITTEE OBTAINS COMPARATIVE SALARY AND BENEFIT INFORMATION FROM OTHER AREA SCHOOLS AND FROM INDUSTRY, RESEARCH AND PRIVATE RESOURCES FOR THE PURPOSE OF ESTIMATING A REASONABLE COMPENSATION FRAMEWORK. FINALLY, THE EXECUTIVE COMMITTEE DELIBERATES, MAKES ITS DECISION AND RECOMMENDS TO THE FULL BOARD ANY CHANGES TO THE COMPENSATION PACKAGE. THE DECISION IS DOCUMENTED EACH YEAR BY LETTER. ON SEVERAL OCCASIONS, THE BOARD OF TRUSTEES HAS OBTAINED THE SERVICES OF A PAID CONSULTANT TO ASSIST IN THE EVALUATION OF THE CEO/HEADMASTER'S PERFORMANCE AND COMPENSATION. THERE ARE NO OTHER COMPENSATED INDIVIDUALS WHOSE COMPENSATION LEVEL AND RESPONSIBILITIES RISE TO THE DEFINITION OF OFFICER OR KEY EMPLOYEE. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
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