RANNEY SCHOOL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- RANNEY SCHOOL (EIN 22-1853774)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201111339349303666
- 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 J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-13T15:46:43-05:00 | 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 | WITHUMSMITHBROWN | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 331 NEWMAN SPRINGS RD STE 125 | AddressLine1 |
| City | RED BANK | City |
| State | NJ | State |
| ZIP Code | 077016765 | 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 | 221853774 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANNEY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RANN | NameControl |
| Phone | 7325424777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 HOPE ROAD | AddressLine1 |
| City | TINTON FALLS | City |
| State | NJ | State |
| ZIP Code | 07724 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTOPHER ZRALY | Name |
| Title | CFO | Title |
| Date Signed | 2011-05-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GLENN G BELLOMY CPA | Name |
| Phone | 7328423113 | 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) |
|---|---|---|
| Gross Receipts | 19245355 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | RANNEYSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1968 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | Ranney School is a coeducational independent day school serving students in beginners (3 years old) through 12th grade. It also runs summer programs, including a day camp and enrichment academic courses. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 339 | TotalNbrEmployees |
| Total Nbr Volunteers | 179 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 620367 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 564621 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17520854 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17991199 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 223441 | InvestmentIncomePriorYear |
| Investment Income Current Year | -102490 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 352234 | OtherRevenuePriorYear |
| Other Revenue Current Year | 504106 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18716896 | TotalRevenuePriorYear |
| Total Revenue Current Year | 18957436 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12123394 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12786906 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 662485 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7090474 | OtherExpensePriorYear |
| Other Expenses Current Year | 7623317 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 19213868 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20410223 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -496972 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1452787 | RevenuesLessExpensesCY |
| Total Assets BOY | 48802738 | TotalAssetsBOY |
| Total Assets EOY | 47950777 | TotalAssetsEOY |
| Total Liabilities BOY | 36236501 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 37820286 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12566237 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10130491 | NetAssetsOrFundBalancesEOY |
| Mission Description | RANNEY SCHOOL'S MISSION IS TO SEE EACH STUDENT MATURE WITH CHARACTER, CONFIDENCE AND COURAGE. UPON GRADUATION, RANNEY STUDENTS BECOME TOMORROW'S LEADERS, DISTINGUISHED BY THEIR INTELLIGENCE, ABILITY, SOCIAL CONSCIENCE AND CHARACTER. IT IS OUR DEEP CONVICTION THAT A QUALITY EDUCATION CAN MAKE A SIGNIFICANT DIFFERENCE IN A STUDENT'S LIFE. AT RANNEY SCHOOL, WE FIRMLY BELIEVE THAT THE MOST SATISFYING AND SUCCESSFUL LEARNING MOMENTS ARE IGNITED AND NURTURED BY SKILLED EDUCATORS IN SMALL AND INCLUSIVE SETTINGS. THE RANNEY EXPERIENCE REMAINS HIGHLY PERSONAL, INSPIRING, RIGOROUS AND WELL BALANCED. EACH RANNEY STUDENT EMBARKS ON AN EDUCATIONAL JOURNEY THAT PROVIDES A BOUNTY OF OPPORTUNITY FOR SELF-DISCOVERY, GUIDED BY MODERN METHODS OF INSTRUCTION AND TRADITIONAL EDUCATIONAL VALUES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 12946713 | Expense |
| Revenue | 17991199 | Revenue |
| Description | ELEMENTARY & SECONDARY SCHOOL | Description |
| Total Program Service Expense | 12946713 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 16 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 339 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RANNEY SCHOOL | NamePerson |
| Telephone Number | 7325424777 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 HOPE ROAD | AddressLine1 |
| City | TINTON FALLS | City |
| State | NJ | State |
| ZIP Code | 07724 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DANIEL GOLDBERG MD | |||||||
| PRESIDENT | 10.0 | X | X | 0 | 0 | 0 | |
| MARSHALL KNOPF | |||||||
| SENIOR VICE PRESIDENT | 10.0 | X | X | 0 | 0 | 0 | |
| JAMIE PRICE | |||||||
| VICE PRESIDENT | 10.0 | X | X | 0 | 0 | 0 | |
| JOSEPHINE ESQUIVEL | |||||||
| BOARD MEMBER | 10.0 | X | X | 0 | 0 | 0 | |
| PATRICIA KURDYLA | |||||||
| SECRETARY | 10.0 | X | X | 0 | 0 | 0 | |
| JACK MCENERY | |||||||
| CO-TREASURER | 10.0 | X | X | 0 | 0 | 0 | |
| ALBERT TEDESCHI | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| BRIAN TORPEY MD | |||||||
| STRATEGIC PLANNING ADVISOR | 10.0 | X | 0 | 0 | 0 | ||
| CAROL MARTIN | |||||||
| EDUCATION DEVELOPMENT ADVISOR | 10.0 | X | 0 | 0 | 0 | ||
| THOMAS FRYSTOCK | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| KRISTEN GERHARD | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| PAUL GUIDONE | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| THOMAS KARAGIANAKIS | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| MICHAEL OSTER | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| STEPHEN PAPETTI | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| ALBERT RODRIGUEZ | |||||||
| CO-TREASURER | 10.0 | X | X | 0 | 0 | 0 | |
| DOUGLAS ROBERTS | |||||||
| BOARD MEMBER | 10.0 | X | 0 | 0 | 0 | ||
| LAWRENCE SYKOFF | |||||||
| HEAD OF SCHOOL | 50.0 | X | 340159 | 0 | 22720 | ||
| CHRISTOPHER ZRALY | |||||||
| CHIEF FINANCIAL OFFICER | 50.0 | X | 166777 | 23967 | |||
| DAVID FISCHER | |||||||
| ASST. HEAD OF US | 50.0 | 111577 | 10358 | X | |||
| PATRICIA MARSHALL | |||||||
| HEAD OF LS | 50.0 | 113621 | 15980 | X | |||
| RICHARD PICCIRILLO | |||||||
| FACULTY- US MATH | 50.0 | 119430 | 5911 | X | |||
| HEATHER RUDISI | |||||||
| DIRECTOR OF ADMISSIONS | 50.0 | 131290 | 25695 | X | |||
| RUSSELL GARTZ | |||||||
| DIR. OF INSTITUTIONAL ADVMT | 50.0 | 122369 | 15980 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1105223 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 120611 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CSI INTERNATIONAL | |||||
| 328 NEWMAN SPRINGS ROAD | RED BANK | NJ | 07701 | CLEANING | 418121 |
| SEMAN-TOV | |||||
| 10 TRUAX STREET | RED BANK | NJ | 07740 | BUSING | 136075 |
| FIRST GROUP AMERICA | |||||
| 24179 NETWORK PLACE | CHICAGO | IL | 606731241 | BUSING | 478166 |
| CHARTWELLS FLIK DINING | |||||
| FOOD SERVICE | 1014651 | ||||
| GANNETT NJ MEDIA GROUP | |||||
| ADVERTISING | 140147 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Government Grants | 55732 | GovernmentGrants |
| All Other Contributions | 508889 | AllOtherContributions |
| Noncash Contributions | 28088 | NoncashContributions |
| Total Contributions | 564621 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Total Revenue Column | 17991199 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17991199 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17991199 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -102490 | TotalRevenueColumn |
| Exclusion | -$102,490 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 720710 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 287919 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 432791 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 40223 | GrossIncomeGaming |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40223 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Total Revenue Column | 31092 | TotalRevenueColumn |
| Exclusion | $31,092 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 31092 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18957436 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17991199 | RelatedOrExemptFunctionIncome |
| Exclusion | -$71,398 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506937 | Total |
| Management And General | 336857 | ManagementAndGeneral |
| Fundraising | 170080 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9454842 | Total |
| Program Services | 8214886 | ProgramServices |
| Management And General | 987814 | ManagementAndGeneral |
| Fundraising | 252142 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 554372 | Total |
| Program Services | 489700 | ProgramServices |
| Management And General | 55337 | ManagementAndGeneral |
| Fundraising | 9335 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1448693 | Total |
| Program Services | 1194651 | ProgramServices |
| Management And General | 217374 | ManagementAndGeneral |
| Fundraising | 36668 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 822062 | Total |
| Program Services | 677906 | ProgramServices |
| Management And General | 123349 | ManagementAndGeneral |
| Fundraising | 20807 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48334 | Total |
| Management And General | 48334 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39306 | Total |
| Management And General | 39306 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 362820 | Total |
| Management And General | 362820 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 651011 | Total |
| Management And General | 477558 | ManagementAndGeneral |
| Fundraising | 173453 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120024 | Total |
| Management And General | 120024 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 951689 | Total |
| Management And General | 951689 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33529 | Total |
| Program Services | 8905 | ProgramServices |
| Management And General | 24624 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 851773 | Total |
| Management And General | 851773 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1370945 | Total |
| Program Services | 875963 | ProgramServices |
| Management And General | 494982 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 235586 | Total |
| Management And General | 235586 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| REPAIRS AND MAINTENANCE | 1058998 | 1058998 | |
| SCHOOL AND GYM SUPPLIES | 517521 | 517521 | |
| SUMMER CAMP / SUMMER SCHOOL | 344838 | 344838 | |
| EXTRA-CURRICULAR ACTIVITIES | 358671 | 358671 | |
| STUDENT TRANSPORTATION | 263672 | 263672 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 414600 | Total |
| Management And General | 414600 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20410223 | Total |
| Program Services | 12946713 | ProgramServices |
| Management And General | 6801025 | ManagementAndGeneral |
| Fundraising | 662485 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14413415 | BOY |
| EOY | 7845466 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1935038 | BOY |
| EOY | 1242011 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63063 | BOY |
| EOY | 93818 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100000 | BOY |
| EOY | 75000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281711 | BOY |
| EOY | 310059 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 41850828 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12054571 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31008756 | BOY |
| EOY | 29796257 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 7731642 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 356600 | BOY |
| EOY | 337987 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 644155 | BOY |
| EOY | 518537 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48802738 | BOY |
| EOY | 47950777 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1462071 | BOY |
| EOY | 1379177 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7293917 | BOY |
| EOY | 8087216 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23410694 | BOY |
| EOY | 23410000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2711597 | BOY |
| EOY | 2664849 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1358222 | BOY |
| EOY | 2279044 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36236501 | BOY |
| EOY | 37820286 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11731183 | BOY |
| EOY | 9223800 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 505928 | BOY |
| EOY | 573675 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 329126 | BOY |
| EOY | 333016 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12566237 | BOY |
| EOY | 10130491 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48802738 | BOY |
| EOY | 47950777 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 349220 | BeginningOfYearBalance |
| Contributions | 3890 | Contributions |
| Investment Earnings Or Losses | 1126 | InvestmentEarningsOrLosses |
| End Of Year Balance | 354236 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 117876 | BeginningOfYearBalance |
| Contributions | 229126 | Contributions |
| Investment Earnings Or Losses | 2218 | InvestmentEarningsOrLosses |
| End Of Year Balance | 349220 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.94000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1000500 | OtherCostOrOtherBasis |
| Book Value | 1000500 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36531498 | OtherCostOrOtherBasis |
| Depreciation | 9020325 | Depreciation |
| Book Value | 27511173 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4318830 | OtherCostOrOtherBasis |
| Depreciation | 3034246 | Depreciation |
| Book Value | 1284584 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 29796257 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SWAP INTEREST LIABILITY | $2,093,468 |
| DEFERRED COMPENSATION | $185,576 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2279044 | TotalOfAmounts |
| Total Revenue | 18957436 | TotalRevenue |
| Total Expenses | 20410223 | TotalExpenses |
| Excess Or Deficit For Year | -1452787 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 51495 | NetUnrealizedGLOnInvestments |
| Other | -$735,246 | OtherAmount |
| Total Adjustments | -683751 | TotalAdjustments |
| Excess Or Deficit Per FS | -2136538 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 19296850 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 51495 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 51495 | RevenueNotRptdF990 |
| Revenue Subtotal | 19245355 | RevenueSubtotal |
| Other Revenues Not Included | -287919 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -287919 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 18957436 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20698142 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 287919 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 287919 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20410223 | ExpensesSubtotal |
| Total Expenses Per Form990 | 20410223 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Other revenue included on return but not on books | PART XII, LINE 4B | Special Events Expense 287,919 |
| OTHER EXPENSES INCLUDED ON BOOKS BUT NOT ON RETURN | PART XI, LINE 8 | LOSS ON INTEREST-RATE SWAP CONTRACT -735,246 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | NEWPAPER ADVERTISING AND REGISTRATION LITERATURE PUBLICIZE THE SCHOOL' NONDISCRIMINATION POLICY. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | RANNEY SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM THE STATE OF NEW JERSEY TO HELP COVER THE COSTS FOR A SCHOOL NURSE. THE SCHOOL ALSO RECEIVES TEXTBOOKS AND EQUIPMENT WHICH ARE PAID BY AND REMAIN THE PROPERTY OF THE MONMOUTH-OCEAN EDUCATIONAL SERVICES COMMISSION (MOESC). MOESC RECEIVES FUNDING FROM THE STATE OF NEW JERSEY TO PAY FOR THE TEXTBOOKS AND EQUIPMENT. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 547642 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 547642 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 76647 | RentFacilityCostsEvent1 |
| Name Of Event2 | BOOK FAIR | NameOfEvent2 |
| Gross Receipts Event2 | 43078 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 43078 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 39048 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 10 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 129990 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 129990 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 172224 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 720710 | GrossReceiptsTotal |
| Gross Revenue Total Events | 720710 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 76647 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 211272 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 287919 | DirectExpenseSummaryEvents |
| Net Income Summary | 432791 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 40223 | GrossRevenueOtherGaming |
| Volunteer Labor Other Gaming | true | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 40223 | GrossRevenueTotalGaming |
| Net Gaming Income Summary | 40223 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NJ | StatesWhereGamingConducted |
| Licensed | true | Licensed |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | true | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 1.00000 | PercentageOfGamingOwnFacility |
| Percentage Of Gaming Othr Facility | 0.00000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | TRACY MUTCHIGA | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 HOPE ROAD | AddressLine1 |
| City | TINTON FALLS | City |
| State | NJ | State |
| ZIP Code | 07724 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | false | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | TRACY MUTCHIGA | GamingManagerNamePerson |
| Gaming Manager Compensation | 61592 | GamingManagerCompensation |
| Gaming Manager Services Provided | DIRECTOR OF SOCIAL EVENTS/PARENTS RELATI | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | false | CharitableDistribRequired |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|---|---|---|
| LAWRENCE SYKOFF | |||||||
| 282628 | 0 | 15000 | 42531 | 21038 | 1682 | 362879 | 0 |
| CHRISTOPHER ZRALY | |||||||
| 166777 | 7987 | 15980 | 190744 | ||||
| HEATHER RUDISI | |||||||
| 131290 | 10168 | 15527 | 156985 | ||||
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 222045817 | IssuerEIN |
| CUSIP Number | 64577HQP9 | CUSIPNumber |
| Date Issued | 2007-08-01 | DateIssued |
| Issue Price | 23410000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF SCHOOL BUILDING | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LAWRENCE SYKOFF | NamePerson |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $150,000 | OriginalPrincipalAmount |
| Balance Due | 75000 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 75000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | EILEEN WILTON | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER'S DAUGHTER | Relationship |
| Description Of Transaction | EMPLOYMENT | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | VARIOUS | Description |
| Number Of Contributions | 23 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 28088 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART VI, LINE 12 | THE MEMBERS OF THE Board OF TRUSTEES annually complete a conflict of interest disclosure questionnnaire. THE TRUSTEES SHALL EXCERCISE THE UTMOST GOOD FAITH IN ALL TRANSACTIONS TOUCHING UPON THEIR DUTIES TO THE ORGANIZATION AND ITS PROPERTIES. If a potential conflict ARISES, THE INDIVIDUAL WITH THE CONFLICT IS EXPECTED TO DISCLOSE IN WRITING THE EXISTENCE OF THE CONFLICT. RANNEY SCHOOL'S policy requires that a potential conflict of interest be reported at any time that it arises. |
| PART VI, LINE 4 | Significant changes to the organizational documents made during 2009 were to the general ByLaws of the Ranney School. These changes include: (1) allowing the Board of Trustees to remove Trustees for reasons other than cause, (2) increasing the number of Treasurer positions, (3) adding investment and strategic planning committees as standing committees of the Board, and (4) a provision on dissolution was added indicating that no proceeds from any liquidation of the School would be divided among the Trustees or to their benefit, instead, assets are to be distributed to nonprofit organizations based on certain criteria. |
| PART VI, LINE 10 | Form 990 is distributed to the school's Board of Trustees prior to filing for review and comment. |
| PART VI, LINE 15 | The Head of School's compensation is determined by the Compensation Committee of the Board of Trustees. To determine compensation, the committee reviews a comparative compensation report obtained from NAIS. This report provides benchmarking information regarding compensation of Heads of School from a number of peer independent schools. In addition, the full Board conducts an annual review of the Head's performance in relation to goals. The compensation committee reports its recommendations to the Executive Committee of the Board. The Committee's deliberation and decisions are documented in meeting minutes. Compensation of the Chief Financial Officer and other key administrative employees is determined by the Head of School using comparative benchmarking data from NAIS regarding compensation of comparable administrators at a number of peer independent schools. The compensation of these key administrators compared to benchmarked data is reviewed by the Finance Committee of the Board which is reflected in the minutes. |
| PART VI, LINE 19 | Ranney School's makes its governing documents, conflict of interest policy and financial statements available to the public by written request to the school's Business Office. |
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