CORLEARS SCHOOL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- CORLEARS SCHOOL (EIN 13-5653140)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-04-06
- IRS object ID
- 201140969349300614
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-06T14:20:07-05:00 | 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 | LOEB & TROPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 THIRD AVENUE 12TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | 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 | 135653140 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Corlears School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CORL | NameControl |
| Phone | 2127412800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 324 West 15th street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10011 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert Fantauzzi | Name |
| Title | director, business & finance | Title |
| Phone | 2127412800 | Phone |
| Date Signed | 2011-04-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK H ROTHMAN | Name |
| Phone | 2128674000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Robert Fantauzzi | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 324 West 15th street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4430000 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.corlearsschool.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO OPERATE NON-PROFIT PRIVATE SCHOOL for students aged 3-9. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 46 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3538916 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 655321 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3582150 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3680855 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 53358 | InvestmentIncomePriorYear |
| Investment Income Current Year | 20866 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 8570 | OtherRevenuePriorYear |
| Other Revenue Current Year | 11171 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7182994 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4368213 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 425902 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 530216 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3000311 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3048164 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 168299 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 135768 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 931145 | OtherExpensePriorYear |
| Other Expenses Current Year | 844586 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4525657 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4422966 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2657337 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -54753 | RevenuesLessExpensesCY |
| Total Assets BOY | 11151183 | TotalAssetsBOY |
| Total Assets EOY | 12845744 | TotalAssetsEOY |
| Total Liabilities BOY | 6225703 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7941043 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4925480 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4904701 | NetAssetsOrFundBalancesEOY |
| Mission Description | Corlears is a progressive school dedicated to the education of young children through the early elementary grades. The organization seeks to cultivate joy in learning through the active investigation of core curricular themes. The organization is committed to the stimulation of intellectual curiosity. We value creative problem solving and support the growth of socially aware students within a diverse, intimate and involved community. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2956340 | Expense |
| Revenue | 3680855 | Revenue |
| Description | CORLEARS SCHOOL IS AN INDEPENDENT PROGRESSIVE SCHOOL FOR STUDENTS AGES 3-9. IT OFFERS PRE-K THROUGH FOURTH GRADE EDUCATIONAL SERVICES FOR 147 STUDENTS. | Description |
| Total Program Service Expense | 2956340 | 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 | 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 |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 18 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 46 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | 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 | Robert Fantauzzi Corlears School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2127412800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 324 west 15th street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10011 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| Heather Myers | |||||||
| Chair | 1.00 | X | X | 0 | 0 | 0 | |
| Kristin Mooney | |||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| sean Madden | |||||||
| Vice-Chair | 1.00 | X | X | 0 | 0 | 0 | |
| michael Embler | |||||||
| treasurer | 1.00 | X | X | 0 | 0 | 0 | |
| storm baird | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Noam Spanier | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Elizabeth Cutler | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| sabrina coughlin | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Jodi Hecht | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Jodi Richard | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Kecia Coby | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Leslie Ellwood | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Lee Kempler | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Mary Ellen Kenny | |||||||
| Assistant head | 40.00 | X | 100481 | 0 | 6698 | ||
| Robert Fantauzzi | |||||||
| CFO | 40.00 | X | 122565 | 0 | 7476 | ||
| Jonathan Feldberg | |||||||
| Proj Director | 40.00 | X | 105004 | 0 | 7476 | ||
| Thya Merz | |||||||
| Head of School | 40.00 | 215245 | 0 | 22718 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 543295 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 44368 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 146565 | FundraisingEvents |
| All Other Contributions | 508756 | AllOtherContributions |
| Total Contributions | 655321 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition & Fees | 611710 | 3607275 | 3607275 |
| After School | 611710 | 69238 | 69238 |
| Early Bird Child Care | 611710 | 4342 | 4342 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3680855 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20838 | TotalRevenueColumn |
| Exclusion | $20,838 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3325 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 8325 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -5000 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5000 | TotalRevenueColumn |
| Exclusion | -$5,000 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13428 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13400 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 28 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28 | TotalRevenueColumn |
| Exclusion | $28 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 56233 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 146565 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 40062 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16171 | TotalRevenueColumn |
| Exclusion | $16,171 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4368213 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3680855 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $32,037 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 530216 | Total |
| Program Services | 530216 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 484541 | Total |
| Program Services | 229742 | ProgramServices |
| Management And General | 254799 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1949600 | Total |
| Program Services | 1384284 | ProgramServices |
| Management And General | 477766 | ManagementAndGeneral |
| Fundraising | 87550 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128008 | Total |
| Program Services | 84879 | ProgramServices |
| Management And General | 38525 | ManagementAndGeneral |
| Fundraising | 4604 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283780 | Total |
| Program Services | 188168 | ProgramServices |
| Management And General | 85405 | ManagementAndGeneral |
| Fundraising | 10207 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202235 | Total |
| Program Services | 134098 | ProgramServices |
| Management And General | 60863 | ManagementAndGeneral |
| Fundraising | 7274 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60150 | Total |
| Management And General | 60150 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5950 | Total |
| Management And General | 5950 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22200 | Total |
| Management And General | 22200 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7320 | Total |
| Management And General | 7320 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113794 | Total |
| Program Services | 24013 | ProgramServices |
| Management And General | 83664 | ManagementAndGeneral |
| Fundraising | 6117 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4877 | Total |
| Program Services | 1350 | ProgramServices |
| Management And General | 3527 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 251011 | Total |
| Program Services | 140043 | ProgramServices |
| Management And General | 110968 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16127 | Total |
| Program Services | 16047 | ProgramServices |
| Management And General | 80 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53898 | Total |
| Program Services | 40588 | ProgramServices |
| Management And General | 13310 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49456 | Total |
| Program Services | 33394 | ProgramServices |
| Management And General | 16062 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5143 | Total |
| Management And General | 5143 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Miscellaneous | 136640 | 38349 | 78275 | 20016 |
| amortization | 111169 | 111169 | ||
| bad debt | 6851 | 6851 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4422966 | Total |
| Program Services | 2956340 | ProgramServices |
| Management And General | 1330858 | ManagementAndGeneral |
| Fundraising | 135768 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250 | BOY |
| EOY | 250 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1188891 | BOY |
| EOY | 2805948 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2345994 | BOY |
| EOY | 1400894 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14852 | BOY |
| EOY | 10141 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2150000 | BOY |
| EOY | 1401568 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38890 | BOY |
| EOY | 35689 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 7417524 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1150617 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4852061 | BOY |
| EOY | 6266907 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 284867 | BOY |
| EOY | 260394 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275378 | BOY |
| EOY | 663953 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11151183 | BOY |
| EOY | 12845744 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 588190 | BOY |
| EOY | 967274 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1319346 | BOY |
| EOY | 1665061 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4216667 | BOY |
| EOY | 5196208 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101500 | BOY |
| EOY | 112500 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6225703 | BOY |
| EOY | 7941043 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2022643 | BOY |
| EOY | 3217805 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2647833 | BOY |
| EOY | 1431892 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255004 | BOY |
| EOY | 255004 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4925480 | BOY |
| EOY | 4904701 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11151183 | BOY |
| EOY | 12845744 | 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 | 255004 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 33683 | InvestmentEarningsOrLosses |
| Other Expenditures | 33683 | OtherExpenditures |
| End Of Year Balance | 255004 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 255004 | BeginningOfYearBalance |
| End Of Year Balance | 255004 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| 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 | 453000 | OtherCostOrOtherBasis |
| Book Value | 453000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4693977 | OtherCostOrOtherBasis |
| Depreciation | 863623 | Depreciation |
| Book Value | 3830354 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 339365 | OtherCostOrOtherBasis |
| Depreciation | 286994 | Depreciation |
| Book Value | 52371 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1931182 | OtherCostOrOtherBasis |
| Book Value | 1931182 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6266907 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | financing costs | Description |
| Book Value | 663953 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 663953 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Student bonds payable | Description |
| Amount | $112,500 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 112500 | TotalOfAmounts |
| Total Revenue | 4368213 | TotalRevenue |
| Total Expenses | 4422966 | TotalExpenses |
| Excess Or Deficit For Year | -54753 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 33974 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 33974 | TotalAdjustments |
| Excess Or Deficit Per FS | -20779 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3920358 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 33974 | NetUnrealizedGainsInvestments |
| Other Revenues | 48387 | OtherRevenues |
| Revenue Not Rptd F990 | 82361 | RevenueNotRptdF990 |
| Revenue Subtotal | 3837997 | RevenueSubtotal |
| Other Revenues Not Included | 530216 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 530216 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4368213 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3941137 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 48387 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 48387 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3892750 | ExpensesSubtotal |
| Other Expenses Not Included | 530216 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 530216 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4422966 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | Part V Line 4- The school's endowment fund income is available for general operations. |
| Part XII, Line 2d - Other Adjustments: | direct cost of special events: 40062. rental expenses: 8325. | |
| Part XII, Line 4b - Other Adjustments: | FINANCIAL AID AND SCHOLARSHIPS: 530216. | |
| Part XIII, Line 2d - Other Adjustments: | direct cost of special events: 40062. rental expenses: 8325. | |
| Part XIII, Line 4b - Other Adjustments: | FINANCIAL AID AND SCHOLARSHIPS: 530216. |
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 | School's application & newspaper ad | 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 | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | annual auction | NameOfEvent1 |
| Gross Receipts Event1 | 172221 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 135638 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 36583 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 29700 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 6883 | OtherDirectExpensesEvent1 |
| Name Of Event2 | book fair | NameOfEvent2 |
| Gross Receipts Event2 | 30577 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 10927 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 19650 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 3479 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 202798 | GrossReceiptsTotal |
| Charitable Contributions Total | 146565 | CharitableContributionsTotal |
| Gross Revenue Total Events | 56233 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 29700 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 10362 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 40062 | DirectExpenseSummaryEvents |
| Net Income Summary | 16171 | 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 | 58 | NumberOfRecipients |
| Amount Of Cash Grant | 530216 | AmountOfCashGrant |
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: The Board annually meets to decide the tuition assistance being awarded for the year. All amounts are reviewed and approved in the following manner: Families are required to register and provide earnings data to a third party financial evaluator offered by the national association of independent schools. The tuition assistance committee reviews the information and makes a decision based upon need. This procedure is done annually in March. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 | Thya Merz | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 186030 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 29215 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 14997 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 7721 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 237963 | 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 | Finance Director reviewed Form 990 and offered access to members of the Board executive committee. |
| Form 990, Part VI, Section B, line 12c | The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Annual completion of conflict of interest form is required by Board members and key employees. The statements are reviewed by a board of trustees and if conflict exist a determination will be made by the committee whether Corlears School can proceeed with a transaction based on the underlying facts and circumstances. |
| Form 990, Part VI, Section C, line 19 | Board strives to make minutes available and publicizes major board decision through numerous communication methods. |
| Form 990 Part XI Line 2c | The process did not change from prior year. |
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