CARDIGAN MOUNTAIN SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CARDIGAN MOUNTAIN SCHOOL (EIN 02-0223580)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-09
- IRS object ID
- 201133139349301323
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-09T10:07:19-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TYLER SIMMS & STSAUVEUR CPAS PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 MORGAN DRIVE | AddressLine1 |
| City | LEBANON | City |
| State | NH | State |
| ZIP Code | 03766 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020223580 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARDIGAN MOUNTAIN SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CARD | NameControl |
| Phone | 6035234321 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 62 ALUMNI DRIVE | AddressLine1 |
| City | CANAAN | City |
| State | NH | State |
| ZIP Code | 03741 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH MCHUGH | Name |
| Title | BUSINESS MANAGER | Title |
| Phone | 6035234321 | Phone |
| Date Signed | 2011-11-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES N GODFREY CPA | Name |
| Phone | 6036530044 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAVID MCCUSKER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 62 ALUMNI DRIVE | AddressLine1 |
| City | CANAAN | City |
| State | NH | State |
| ZIP Code | 03741 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14653746 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CARDIGAN.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1945 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 159 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2296583 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3433190 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9249006 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10160787 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 568509 | InvestmentIncomePriorYear |
| Investment Income Current Year | 275499 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 82934 | OtherRevenuePriorYear |
| Other Revenue Current Year | 118028 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12197032 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13987504 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1341850 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1443176 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5510461 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5922694 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 468399 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4710493 | OtherExpensePriorYear |
| Other Expenses Current Year | 4913578 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11562804 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12279448 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 634228 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1708056 | RevenuesLessExpensesCY |
| Total Assets BOY | 28354017 | TotalAssetsBOY |
| Total Assets EOY | 32675780 | TotalAssetsEOY |
| Total Liabilities BOY | 3342602 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4057449 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 25011415 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28618331 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO OFFER A CLOSE-KNIT COMMUNITY THAT PREPARES MIDDLE SCHOOL BOYS IN MIND, BODY, AND SPIRIT FOR RESPONSIBLE AND MEANINGFUL LIVES IN A GLOBAL SOCIETY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9210250 | Expense |
| Grants | 1222376 | Grants |
| Revenue | 9157794 | Revenue |
| Description | AN INDEPENDENT MIDDLE SCHOOL FOR BOYS IN GRADES SIX THROUGH NINE OFFERING A STRONG ACADEMIC AND ATHLETIC PROGRAM. THERE WERE 195 STUDENTS DURING THE LAST FISCAL YEAR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 487399 | Expense |
| Grants | 220800 | Grants |
| Revenue | 1002993 | Revenue |
| Description | A SUMMER SESSION FOR BOYS AND GIRLS IN GRADES THREE THROUGH NINE OFFERING RECREATIONAL AND EDUCATIONAL EXPERIENCES. IN ADDITION, THE CARDIGAN MOUTAIN SCHOOL OFFERS THE CORE PROGRAM THAT SEEKS TO INSTILL IN BOYS A LIFELONG PASSION FOR THE OUTDOORS WHILE DEVELOPING THE NECESSARY SKILLS TO FULLY PURSUE THIS PASSION FOR A LIFETIME. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9697649 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| 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 | 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 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 38 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 159 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| 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 | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH MCHUGH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6035233518 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 62 ALUMNI DRIVE | AddressLine1 |
| City | CANAAN | City |
| State | NH | State |
| ZIP Code | 03741 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| EMANUEL M ALEXIOU | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DAVID H BRADLEY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ROBERT V CHARTENER | ||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X |
| DANIEL DEMARS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| BARBARA FLANAGAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM T FLEMING | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DALE M FREHSE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL B GARRISON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PHILIP D HARRISON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CARLA HERRON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| HANK HOLLAND | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHARLES E HUTCHINSON | ||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X |
| ROBERT F KENERSON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| F CORNING KENLY III | ||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | X |
| DAVID J MCCUSKER JR | ||||||
| HEADMASTER | 40.00 | X | 172383 | 0 | 38272 | X |
| BURTON E MCGILLIVRAY | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X |
| MALCOLM C MORAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| RICHARD D MORRISON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MEG M MOULTON | ||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X |
| BARBARA S O'CONNELL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOHN H PEARSON JR | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EDWARD B RIGHTER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DIANE G WALLACH | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHRISTOPHER S WELLES | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JOSEPH MCHUGH | ||||||
| BUSINESS MANAGER | 40.00 | X | 141012 | 0 | 27770 | X |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 313395 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 66042 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | 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 | OMR ARCHITECTS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 543 MASSACHUSETTS AVE | AddressLine1 |
| City | WEST ACTON | City |
| State | MA | State |
| ZIP Code | 01720 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | ARCHITECTURE | DescriptionOfServices |
| Compensation | 468816 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 11350 | FundraisingEvents |
| All Other Contributions | 3421840 | AllOtherContributions |
| Total Contributions | 3433190 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 8740919 | 8740919 |
| SUMMER PROGRAM | 611600 | 1002993 | 1002993 |
| PROGRAM SUPPORT | 611710 | 416875 | 416875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10160787 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 218764 | TotalRevenueColumn |
| Exclusion | $218,764 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 506406 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 448679 | Securities |
| Other | 992 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 57727 | Securities |
| Other | -992 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56735 | TotalRevenueColumn |
| Exclusion | $56,735 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 143284 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 11350 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 21013 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 122271 | TotalRevenueColumn |
| Exclusion | $122,271 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 191315 | GrossSalesOfInventory |
| Cost Of Goods Sold | 195558 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4243 | TotalRevenueColumn |
| Exclusion | -$4,243 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13987504 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10160787 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $393,527 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1443176 | Total |
| Program Services | 1443176 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 341881 | Total |
| Management And General | 341881 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4429463 | Total |
| Program Services | 3200751 | ProgramServices |
| Management And General | 964135 | ManagementAndGeneral |
| Fundraising | 264577 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290352 | Total |
| Program Services | 212809 | ProgramServices |
| Management And General | 59952 | ManagementAndGeneral |
| Fundraising | 17591 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 525959 | Total |
| Program Services | 362217 | ProgramServices |
| Management And General | 133801 | ManagementAndGeneral |
| Fundraising | 29941 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335039 | Total |
| Program Services | 226398 | ProgramServices |
| Management And General | 89927 | ManagementAndGeneral |
| Fundraising | 18714 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24417 | Total |
| Management And General | 24417 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33737 | Total |
| Management And General | 33737 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101533 | Total |
| Program Services | 101533 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215191 | Total |
| Program Services | 94763 | ProgramServices |
| Management And General | 61463 | ManagementAndGeneral |
| Fundraising | 58965 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 482596 | Total |
| Program Services | 482596 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149127 | Total |
| Program Services | 30758 | ProgramServices |
| Management And General | 101669 | ManagementAndGeneral |
| Fundraising | 16700 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27234 | Total |
| Management And General | 27234 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 725873 | Total |
| Program Services | 725873 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112000 | Total |
| Program Services | 112000 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MEALS EXPENSE | 824686 | 824686 | |
| SUPPLIES | 422791 | 398361 | 24430 |
| SCHOOL EXPENSES | 301293 | 301293 | |
| PROVISON FOR BAD DEBT | 217619 | 217619 | |
| ATHLETIC DEPARTMENT | 214274 | 214274 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1061207 | Total |
| Program Services | 966161 | ProgramServices |
| Management And General | 33135 | ManagementAndGeneral |
| Fundraising | 61911 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12279448 | Total |
| Program Services | 9697649 | ProgramServices |
| Management And General | 2113400 | ManagementAndGeneral |
| Fundraising | 468399 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121845 | BOY |
| EOY | 349409 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2175802 | BOY |
| EOY | 2842011 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56258 | BOY |
| EOY | 77892 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
| EOY | 50000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265252 | BOY |
| EOY | 271109 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113663 | BOY |
| EOY | 113697 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 23728878 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10874708 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12055462 | BOY |
| EOY | 12854170 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12683510 | BOY |
| EOY | 14477520 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 494512 | BOY |
| EOY | 1385757 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 337713 | BOY |
| EOY | 254215 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28354017 | BOY |
| EOY | 32675780 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 954704 | BOY |
| EOY | 1014968 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1281787 | BOY |
| EOY | 1518608 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 870306 | BOY |
| EOY | 1153633 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 235805 | BOY |
| EOY | 370240 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3342602 | BOY |
| EOY | 4057449 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10468359 | BOY |
| EOY | 15597861 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6344587 | BOY |
| EOY | 5608929 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8198469 | BOY |
| EOY | 7411541 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25011415 | BOY |
| EOY | 28618331 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28354017 | BOY |
| EOY | 32675780 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1708056 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1898860 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 | 15707809 | BeginningOfYearBalance |
| Contributions | 2552483 | Contributions |
| Investment Earnings Or Losses | 2263887 | InvestmentEarningsOrLosses |
| Other Expenditures | 1562547 | OtherExpenditures |
| End Of Year Balance | 18961632 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13991213 | BeginningOfYearBalance |
| Contributions | 1308233 | Contributions |
| Investment Earnings Or Losses | 1715904 | InvestmentEarningsOrLosses |
| Other Expenditures | 1307541 | OtherExpenditures |
| End Of Year Balance | 15707809 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15700650 | BeginningOfYearBalance |
| Contributions | 1242163 | Contributions |
| Investment Earnings Or Losses | -2196596 | InvestmentEarningsOrLosses |
| Other Expenditures | 755004 | OtherExpenditures |
| End Of Year Balance | 13991213 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.29340 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.39090 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.31570 | 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 | 719336 | OtherCostOrOtherBasis |
| Book Value | 719336 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18611047 | OtherCostOrOtherBasis |
| Depreciation | 8000468 | Depreciation |
| Book Value | 10610579 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 562635 | OtherCostOrOtherBasis |
| Depreciation | 2433339 | Depreciation |
| Book Value | -1870704 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3835860 | OtherCostOrOtherBasis |
| Depreciation | 440901 | Depreciation |
| Book Value | 3394959 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 12854170 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE | $147,319 |
| INTERDEPARTMENTAL NOTES PAYABLE | $166,748 |
| CALIFORNIA FIRST NATIONAL LEASE | $56,173 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 370240 | TotalOfAmounts |
| Total Revenue | 13987504 | TotalRevenue |
| Total Expenses | 12279448 | TotalExpenses |
| Excess Or Deficit For Year | 1708056 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2021133 | NetUnrealizedGLOnInvestments |
| Other | -$122,273 | OtherAmount |
| Total Adjustments | 1898860 | TotalAdjustments |
| Excess Or Deficit Per FS | 3606916 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 14605011 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2021133 | NetUnrealizedGainsInvestments |
| Other Revenues | -1565447 | OtherRevenues |
| Revenue Not Rptd F990 | 455686 | RevenueNotRptdF990 |
| Revenue Subtotal | 14149325 | RevenueSubtotal |
| Investment Expenses Not Included | 33737 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -195558 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -161821 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13987504 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10998095 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 195558 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 195558 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10802537 | ExpensesSubtotal |
| Other Expenses Not Included | 1476911 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1476911 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12279448 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE PURPOSE OF THE ENDOWMENT FUNDS IS TO MAINTAIN A PREDICTABLE STREAM OF FUNDING FOR THE PROGRAMS SUPPORTED BY THE ENDOWMENT FUNDS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | FUNDRAISING ACTIVITIES -122,271. ROUNDING -2. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING ACTIVITIES -122,271. FINANCIAL AID -1,443,176. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STORE EXPENSES -195,558. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | STORE EXPENSES 195,558. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 1,443,176. INVESTMENT MANAGEMENT FEES 33,737. ROUNDING -2. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | CARDIGAN MOUNTAIN SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN THE BOSTON GLOBE. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PARENTS' AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 154634 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 11350 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 143284 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 4750 | CashPrizesEvent1 |
| Other Direct Expenses Event1 | 16263 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 154634 | GrossReceiptsTotal |
| Charitable Contributions Total | 11350 | CharitableContributionsTotal |
| Gross Revenue Total Events | 143284 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 4750 | CashPrizesTotalEvents |
| Other Direct Expenses Total Events | 16263 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 21013 | DirectExpenseSummaryEvents |
| Net Income Summary | 122271 | 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 | 55 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 1443176 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID IS GIVEN TO STUDENTS BASED ON NEED AND ON SCHOLASTIC ABILITY. NAMES AND ADDRESSES OF RECIPIENTS ARE AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE. | DescriptionOfNonCashAssistance |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID J MCCUSKER JR | |||||||||||||
| 172383 | 0 | 0 | 0 | 0 | 0 | 14539 | 0 | 23733 | 0 | 210655 | 0 | 0 | 0 |
| JOSEPH MCHUGH | |||||||||||||
| 141012 | 0 | 0 | 0 | 0 | 0 | 11062 | 0 | 16708 | 0 | 168782 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO THE FILLING OF THE FORM 990, IT IS REVIEWED BY THE BOARD OT TRUSTEES. THE BOARD OF TRUSTEES DOES NOT REVIEW SCHEDULE B. | |
| THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE ORGANIZATION REQUIRES BOARD MEMBERS TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO A CONFLICT. IF A MEMBER HAS A CONFLICT OF INTEREST WITH A PARTICULAR MATTER, THAT MEMBER WILL LEAVE THE MEETING WHEN A VOTE IS TAKEN. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THERE IS A SUB-COMMITTEE OF THE BOARD, THE DISQUALIFIED EMPLOYEES SUB-COMMITTEE, THAT MEETS AND USES NATIONAL AND REGIONAL STATISTICS ON OTHER INSTITUTION'S COMPENSATION FOR KEY EMPLOYEES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 2,021,133. FUNDRAISING ACTIVITIES -122,271. ROUNDING -2. TOTAL TO FORM 990, PART XI, LINE 5: 1,898,860. | FORM 990, PART XI, LINE 5: |
| THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSEEING THE ANNUAL AUDIT, INCLUDING THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
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