KENT PLACE SCHOOL: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KENT PLACE SCHOOL (EIN 22-1487233)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-04-17
- IRS object ID
- 202621079349300912
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-17T11:05:06-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE SUITE 301 | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221487233 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENT PLACE SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KENT | BusinessNameControlTxt |
| Phone | 9082730900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW PARK | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9082730900 | PhoneNum |
| Signature | 2026-04-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELISSA MODELSON | PreparerPersonNm |
| PTIN | P01603524 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2026-04-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MATTHEW PARK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $52,578,122 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KENTPLACE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1894 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | KPS EMPOWERS GIRLS TO BE CONFIDENT, INTELLECTUAL, & ETHICAL LEADERS WHO ADVANCE THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 369 | TotalEmployeeCnt |
| Total Volunteers | 60 | TotalVolunteersCnt |
| Total Gross UBI | $11,504 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $5,195 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,880,992 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,485,261 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $36,239,041 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,964,835 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,197,050 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,563,198 | CYInvestmentIncomeAmt |
| PY Other Revenue | $527,548 | PYOtherRevenueAmt |
| CY Other Revenue | $576,326 | CYOtherRevenueAmt |
| PY Total Revenue | $44,844,631 | PYTotalRevenueAmt |
| CY Total Revenue | $51,589,620 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,273,163 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,693,067 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $25,403,117 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $26,330,802 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $66,146 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $62,200 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,451,564 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,063,934 | PYOtherExpensesAmt |
| CY Other Expenses | $10,936,311 | CYOtherExpensesAmt |
| PY Total Expenses | $40,806,360 | PYTotalExpensesAmt |
| CY Total Expenses | $42,022,380 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,038,271 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,567,240 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $81,246,988 | TotalAssetsBOYAmt |
| Total Assets EOY | $91,060,150 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,603,255 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,932,999 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $70,643,733 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $80,127,151 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FOR 130 YEARS, KENT PLACE SCHOOL HAS EMPOWERED GIRLS TO BE CONFIDENT, INTELLECTUAL, AND ETHICAL LEADERS WHO ADVANCE THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $31,229,370 | ExpenseAmt |
| Grant | $4,693,067 | GrantAmt |
| Revenue | $38,044,041 | RevenueAmt |
| Desc | OUR KENT PLACE CURRICULUM AND PROGRAMS ARE RICH IN OPPORTUNITIES FOR STUDENTS TO DEVELOP ETHICAL DECISION-MAKING, CRITICAL THINKING, AND PROBLEM-SOLVING SKILLS. WE PROMOTE INTEGRITY, INITIATIVE, AND INCLUSION THROUGHOUT ALL OF THE SCHOOLING YEARS. OUR STUDENTS TAKE ON INCREASINGLY PROFOUND LEADERSHIP OPPORTUNITIES THAT FOSTER COLLABORATION AND SELF-AWARENESS WHILE ALSO CULTIVATING COMPASSION AND EMPATHY. WE BELIEVE THAT THE LESSONS AND VALUES ENCOURAGED BY OUR MULTI-TALENTED FACULTY PREPARE EACH STUDENT TO BE AN ACTIVE CONTRIBUTOR TO THE LARGER WORLD BEYOND KENT PLACE. KENT PLACE IS HOME TO A WIDE ARRAY OF CURRICULAR AND COCURRICULAR ACTIVITIES, AS WELL AS OUR SIGNATURE PROGRAMS SUCH AS THE GIRLS' LEADERSHIP INSTITUTE AND OUR RENOWNED ETHICS INSTITUTE, WHICH PROMOTES THE PROCESS AND PRACTICE OF ETHICAL DECISION-MAKING IN PRIMARY AND SECONDARY SCHOOL COMMUNITIES. KENT PLACE ALSO OFFERS A TRADITIONAL SUMMER DAY CAMP, AFTERSCHOOL PROGRAMS, AND ENRICHMENT CLASSES. | Desc |
| Total Program Service Expenses | $31,229,370 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 95 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 369 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MATTHEW PARK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9082730900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 NORWOOD AVENUE | AddressLine1Txt |
| City | SUMMIT | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ANNE GRISSINGER | ||||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KATIE MACHIR | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| USHA PUGLIANDA | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NANCY H VAN DUYNE | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SUNEET VARMA | ||||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RAHUL GOYAL | ||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NICOLE G EPPS | ||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KC ARTEMENKO | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| YEMI BENEDICT-VATEL | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIA BRUGG | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TODD C BUILIONE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURENCE CAPONE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH CHRYSTAL | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BETSY CROSBY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA GRUSHKIN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHANE HARRIS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CLAUDIA HIRAWAT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PING JI | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE LYNCH | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LYNN MAGRANE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BEVERLY B MILLS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN ROSS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BENJAMIN SEELAUS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SUBA SHAH | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNY SHILLING | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUG SIEG | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES WU | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| AMY ZIEBARTH | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER C GALAMBOS | ||||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $543,065 | $0 | $204,285 | |||
| MATTHEW PARK | ||||||||
| CHIEF FINANCIAL & OPERATING OFFICER | 40.00 | Yes (X) | $200,000 | $0 | $11,594 | |||
| ALLISON BRUNHOUSE | ||||||||
| CHIEF ENROLLMENT & STRATEGY OFFICER | 40.00 | $213,525 | $0 | $32,450 | Yes (X) | |||
| CORAL BROOKS | ||||||||
| CHIEF ADV. OFFICER THRU MARCH 2025 | 40.00 | $235,624 | $0 | $76,081 | Yes (X) | |||
| KAREN REZACH | ||||||||
| DIRECTOR OF THE ETHICS INSTITUTE | 40.00 | $224,022 | $0 | $46,353 | Yes (X) | |||
| JENNIFER SIMPSON | ||||||||
| DIRECTOR OF COLLEGE ADVISING | 40.00 | $216,936 | $0 | $29,937 | Yes (X) | |||
| JULIA MORGAN | ||||||||
| ASST. HEAD OF SCHOOL | 40.00 | $208,080 | $0 | $82,607 | Yes (X) | |||
| VICTORIA BROWNE | ||||||||
| DIRECTOR OF ATHLETICS | 40.00 | $195,334 | $0 | $59,290 | Yes (X) | |||
| EVELYN HANNA | ||||||||
| DIRECTOR OF THE UPPER SCHOOL | 40.00 | $191,015 | $0 | $46,678 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,227,601 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $589,275 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 73 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JOHN O'HARA COMPANY INC | |||||
| 25 KEARNEY STREET | EAST ORANGE | NJ | 07107 | CONSTRUCTION | $3,615,727 |
| JCJ ARCHITECTURE PC | |||||
| 120 HUYSHOPE AVENUE SUITE 400 | HARTFORD | CT | 06106 | CONSTRUCTION | $1,888,552 |
| MERIWETHER GODSEY | |||||
| 4944 OLD BOONSBORO RD | LYNCHBURG | VA | 24503 | FOOD SERVICE | $781,412 |
| DIRECT CLEAN SERVICE SOLUTIONS | |||||
| 36-06 43RD AVENUE 2ND FLOOR | LONG ISLAND CITY | NY | 11101 | CLEANING SERVICES | $251,158 |
| PROMENET INC | |||||
| 42 BROADWAY 16TH FLOOR | NEW YORK | NY | 10004 | INFORMATION TECHNOLOGY | $118,979 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $10,485,261 | AllOtherContributionsAmt |
| Noncash Contributions | $854,077 | NoncashContributionsAmt |
| Total Contributions | $10,485,261 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $33,913,407 | $33,913,407 |
| AUXILIARY SERVICES | 611600 | $4,051,428 | $4,051,428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,964,835 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $963,579 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $10,061 | UnrelatedBusinessRevenueAmt |
| Exclusion | $953,518 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $304,852 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,653 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $298,199 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $298,199 | TotalRevenueColumnAmt |
| Exclusion | $298,199 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,085,568 | SecuritiesAmt |
| Other | $379,042 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $734,321 | SecuritiesAmt |
| Other | $130,670 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,351,247 | SecuritiesAmt |
| Other | $248,372 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,599,619 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,443 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,598,176 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $196,064 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $116,858 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $79,206 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $79,206 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $188,596 | $188,596 |
| RECOVERY OF BAD DEBT | 900099 | $6,463 | $6,463 |
| TUITION FORFEITURE | 900099 | $3,862 | $3,862 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $198,921 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,589,620 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,044,041 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $11,504 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,048,814 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,693,067 | TotalAmt |
| Program Services | $4,693,067 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,099,408 | TotalAmt |
| Program Services | $125,347 | ProgramServicesAmt |
| Management And General | $538,263 | ManagementAndGeneralAmt |
| Fundraising | $435,798 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,472,920 | TotalAmt |
| Program Services | $14,314,805 | ProgramServicesAmt |
| Management And General | $3,795,195 | ManagementAndGeneralAmt |
| Fundraising | $1,362,920 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,369,192 | TotalAmt |
| Program Services | $1,012,479 | ProgramServicesAmt |
| Management And General | $267,998 | ManagementAndGeneralAmt |
| Fundraising | $88,715 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,660,341 | TotalAmt |
| Program Services | $1,903,297 | ProgramServicesAmt |
| Management And General | $531,737 | ManagementAndGeneralAmt |
| Fundraising | $225,307 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,728,941 | TotalAmt |
| Program Services | $1,244,208 | ProgramServicesAmt |
| Management And General | $347,350 | ManagementAndGeneralAmt |
| Fundraising | $137,383 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,022 | TotalAmt |
| Management And General | $59,022 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,924 | TotalAmt |
| Management And General | $82,924 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,200 | TotalAmt |
| Fundraising | $62,200 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,737 | TotalAmt |
| Management And General | $107,737 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,643 | TotalAmt |
| Program Services | $91,323 | ProgramServicesAmt |
| Management And General | $289,320 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,491 | TotalAmt |
| Program Services | $12,111 | ProgramServicesAmt |
| Management And General | $73,978 | ManagementAndGeneralAmt |
| Fundraising | $41,402 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,220,063 | TotalAmt |
| Program Services | $702,058 | ProgramServicesAmt |
| Management And General | $253,903 | ManagementAndGeneralAmt |
| Fundraising | $264,102 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $599,715 | TotalAmt |
| Program Services | $275,935 | ProgramServicesAmt |
| Management And General | $158,094 | ManagementAndGeneralAmt |
| Fundraising | $165,686 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $495,698 | TotalAmt |
| Program Services | $415,611 | ProgramServicesAmt |
| Management And General | $54,788 | ManagementAndGeneralAmt |
| Fundraising | $25,299 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $433,168 | TotalAmt |
| Program Services | $371,814 | ProgramServicesAmt |
| Management And General | $27,499 | ManagementAndGeneralAmt |
| Fundraising | $33,855 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,815,696 | TotalAmt |
| Program Services | $2,303,368 | ProgramServicesAmt |
| Management And General | $350,486 | ManagementAndGeneralAmt |
| Fundraising | $161,842 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $1,675,439 | $1,381,090 | $199,264 | $95,085 |
| EDUCATIONAL PROGRAM | $1,237,225 | $1,159,462 | $1,991 | $75,772 |
| DINING SERVICE FEES | $1,027,257 | $1,027,257 | ||
| OTHER OPERATING EXPENSE | $415,993 | $54,338 | $86,474 | $275,181 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,240 | TotalAmt |
| Program Services | $141,800 | ProgramServicesAmt |
| Management And General | $115,423 | ManagementAndGeneralAmt |
| Fundraising | $1,017 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,022,380 | TotalAmt |
| Program Services | $31,229,370 | ProgramServicesAmt |
| Management And General | $7,341,446 | ManagementAndGeneralAmt |
| Fundraising | $3,451,564 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,084,867 | BOYAmt |
| EOY | $846,256 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,372,219 | BOYAmt |
| EOY | $12,151,227 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,844,119 | BOYAmt |
| EOY | $5,821,598 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $493,725 | BOYAmt |
| EOY | $418,581 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,200 | BOYAmt |
| EOY | $86,843 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,616,067 | BOYAmt |
| EOY | $2,170,214 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $79,857,979 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $34,984,450 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,265,264 | BOYAmt |
| EOY | $44,873,529 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,844,972 | BOYAmt |
| EOY | $15,766,567 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,831,583 | BOYAmt |
| EOY | $8,792,792 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $820,972 | BOYAmt |
| EOY | $132,543 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,246,988 | BOYAmt |
| EOY | $91,060,150 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,969,353 | BOYAmt |
| EOY | $3,205,955 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,168,248 | BOYAmt |
| EOY | $4,439,567 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,465,654 | BOYAmt |
| EOY | $3,287,477 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,603,255 | BOYAmt |
| EOY | $10,932,999 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,625,241 | BOYAmt |
| EOY | $48,660,196 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,018,492 | BOYAmt |
| EOY | $31,466,955 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,643,733 | BOYAmt |
| EOY | $80,127,151 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,246,988 | BOYAmt |
| EOY | $91,060,150 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $9,567,240 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $725,782 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$809,604 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,919,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,449,698 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,283,411 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,880,992 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,485,261 | CurrentTaxYearAmt |
| Total | $33,018,606 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,919,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,449,698 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,283,411 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,880,992 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,485,261 | CurrentTaxYearAmt |
| Total | $33,018,606 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,231,979 | SubstantialContributorsTotAmt |
| Public Support Total170 | $27,786,627 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $559,039 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,068,769 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,205,148 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,350,812 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,258,370 | CurrentTaxYearAmt |
| Total | $5,442,138 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $36,315 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,358 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $51,124 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,195 | CurrentTaxYearAmt |
| Total | $111,992 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,721 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $56,199 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $133,479 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $120,101 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $198,921 | CurrentTaxYearAmt |
| Total | $525,421 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $39,098,157 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $170,155,764 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71070 | PublicSupportCY170Pct |
| Public Support PY170 | 0.70450 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | RECOVERY OF BAD DEBT - 2024 AMOUNT: $ 6,463. OTHER REVENUE - 2020 AMOUNT: $ 16,721. 2021 AMOUNT: $ 56,199. 2022 AMOUNT: $ 133,479. 2023 AMOUNT: $ 84,860. 2024 AMOUNT: $ 188,596. TUITION FORFEITURE - 2023 AMOUNT: $ 35,241. 2024 AMOUNT: $ 3,862. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,661,604 | BeginningYearBalanceAmt |
| Contributions | $343,629 | ContributionsAmt |
| Investment Earnings Or Losses | $2,242,270 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $504,561 | GrantsOrScholarshipsAmt |
| Other Expenditures | $284,759 | OtherExpendituresAmt |
| End Year Balance | $21,458,183 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,992,841 | BeginningYearBalanceAmt |
| Contributions | $267,426 | ContributionsAmt |
| Investment Earnings Or Losses | $2,254,897 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $488,484 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,365,076 | OtherExpendituresAmt |
| End Year Balance | $19,661,604 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,565,445 | BeginningYearBalanceAmt |
| Contributions | $489,780 | ContributionsAmt |
| Investment Earnings Or Losses | $1,699,889 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $473,612 | GrantsOrScholarshipsAmt |
| Other Expenditures | $288,661 | OtherExpendituresAmt |
| End Year Balance | $22,992,841 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,129,143 | BeginningYearBalanceAmt |
| Contributions | $4,214,977 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,032,651 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $447,640 | GrantsOrScholarshipsAmt |
| Other Expenditures | $298,384 | OtherExpendituresAmt |
| End Year Balance | $21,565,445 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,368,498 | BeginningYearBalanceAmt |
| Contributions | $413,746 | ContributionsAmt |
| Investment Earnings Or Losses | $4,131,437 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $445,246 | GrantsOrScholarshipsAmt |
| Other Expenditures | $363,990 | OtherExpendituresAmt |
| End Year Balance | $23,104,445 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.06203 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.73432 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20365 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $368,323 | OtherCostOrOtherBasisAmt |
| Book Value | $368,323 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $63,474,743 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,155,354 | DepreciationAmt |
| Book Value | $36,319,389 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,942,073 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,509,477 | DepreciationAmt |
| Book Value | $2,432,596 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,072,840 | OtherCostOrOtherBasisAmt |
| Depreciation | $319,619 | DepreciationAmt |
| Book Value | $5,753,221 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,873,529 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $3,729,635 | F |
| ABSOLUTE RETURN | $4,195,197 | F |
| CHARITABLE LEAD ANNUITY TRUST | $867,960 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $8,792,792 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $46,849,742 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $725,782 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $6,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $123,511 | OtherRevenueAmt |
| Revenue Not Reported | $855,293 | RevenueNotReportedAmt |
| Revenue Subtotal | $45,994,449 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $107,737 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $5,487,434 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,595,171 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $51,589,620 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $37,366,324 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $6,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $123,511 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $129,511 | ExpensesNotReportedAmt |
| Expenses Subtotal | $37,236,813 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $107,737 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $4,677,830 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,785,567 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,022,380 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT SUPPORTS STUDENT FINANCIAL AID AND OTHER EDUCATIONAL PURPOSES SUCH AS PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF. THE BEGINNING OF YEAR BALANCE OF THE ENDOWMENT FUNDS IN COLUMN (D) DIFFERS FROM THE END OF YEAR BALANCE IN COLUMN (E) DUE TO A REVIEW OF THE FUNDS CLASSIFIED AS PART OF THE ENDOWMENT, WHICH RESTATED THE PRESENTATION OF UNRESTRICTED BOARD DESIGNATED FUNDS. |
| PART X, LINE 2: | THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR TAX YEARS PRIOR TO JUNE 30, 2022. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD INCLUDED ON PART VIII, LINE 10B 116,858. RENT EXPENSES INCLUDED ON PART VIII, LINE 6B 6,653. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID INCLUDED ON PART IX, LINE 2 4,671,367. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 809,604. RECOVERY OF BAD DEBT ON PART VIII, LINE 11B 6,463. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD INCLUDED ON PART VIII, LINE 10B 116,858. RENT EXPENSES INCLUDED ON PART VIII, LINE 6B 6,653. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID INCLUDED ON PART IX, LINE 2 4,671,367. RECOVERY OF BAD DEBT ON PART VIII, LINE 11B 6,463. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | A STATEMENT OF POLICY IS PUBLISHED ON THE SCHOOL'S PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES DURING ITS TAXABLE YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE HOMEPAGE. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENT | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $2,225,875 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $2,225,875 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,225,875 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1: | THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT DOES MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. |
| PART IV, LINE 3: | THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. |
| PART IV, LINE 4: | THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTS & LUNDY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 CHUBB AVENUE SUITE 303 | AddressLine1Txt |
| City | LYNDHURST | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAMPAIGN MANAGEMENT/COMMUNICATION | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $62,200 | RetainedByContractorAmt |
| Net To Organization | -$62,200 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $62,200 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$62,200 | TotalNetToOrganizationAmt |
| Licensed States | NJ | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B, COLUMN (V) | FormAndLineReferenceDesc |
| Explanation | MARTS & LUNDY WAS RETAINED FOR CAMPAIGN MANAGEMENT AND CAMPAIGN COMMUNICATION PLAN. THE AGREEMENT PROVIDES FOR THE PAYMENT FOR SERVICES OF $5,100 PER MONTH FOR CAMPAIGN MANAGEMENT COUNSEL AND HOURLY RATE OF $600 IN EXCESS OF SIX HOURS PER MONTH. ADDITIONAL ON-SITE DAYS WILL BE BILLED AT A PER DIEM RATE OF $4,500. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| FINANCIAL AID | 129 | $4,671,367 |
| GRASSMAN AWARD | 3 | $21,700 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID IS PROVIDED TO STUDENTS IN NEED IN ACCORDANCE WITH A SPECIFIC APPLICATION PROCESS THAT INVOLVES THE USE OF FINANCIAL AID ASSESSMENT SOFTWARE AND FILE REVIEW BY THE ADMISSIONS OFFICE AND OTHER SELECTED INDIVIDUALS INCLUDING THE CHIEF FINANCIAL AND OPERATING OFFICER. GRANTS ARE PROVIDED IN THE FORM OF FINANCIAL AID AND CAN ONLY BE USED TO REDUCE THE COST OF TUITION AND APPLICABLE STUDENT FEES ON A STUDENT'S ENROLLMENT CONTRACT FOR THE SCHOOL YEAR. THE GRASSMAN AWARD IS PROVIDED TO FACULTY MEMBER. THE GRASSMAN AWARD IS AWARDED THROUGH AN APPLICATION PROCESS OVERSEEN BY THE ASSISTANT HEAD OF SCHOOL FOR TEACHING AND LEARNING. THE ADVANCEMENT OFFICE ENSURE THAT THE AWARD IS SPENT ACCORDING TO THE INTENDED PURPOSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JENNIFER C GALAMBOS | ||||||||||||||
| HEAD OF SCHOOL | $512,565 | $0 | $0 | $0 | $30,500 | $0 | $27,600 | $0 | $176,685 | $0 | $747,350 | $0 | $0 | $0 |
| CORAL BROOKS | ||||||||||||||
| CHIEF ADV. OFFICER THRU MARCH 2025 | $235,624 | $0 | $0 | $0 | $0 | $0 | $20,317 | $0 | $55,764 | $0 | $311,705 | $0 | $0 | $0 |
| JULIA MORGAN | ||||||||||||||
| ASST. HEAD OF SCHOOL | $208,080 | $0 | $0 | $0 | $0 | $0 | $27,271 | $0 | $55,336 | $0 | $290,687 | $0 | $0 | $0 |
| KAREN REZACH | ||||||||||||||
| DIRECTOR OF THE ETHICS INSTITUTE | $220,422 | $0 | $0 | $0 | $3,600 | $0 | $27,646 | $0 | $18,707 | $0 | $270,375 | $0 | $0 | $0 |
| VICTORIA BROWNE | ||||||||||||||
| DIRECTOR OF ATHLETICS | $195,334 | $0 | $0 | $0 | $0 | $0 | $10,449 | $0 | $48,841 | $0 | $254,624 | $0 | $0 | $0 |
| JENNIFER SIMPSON | ||||||||||||||
| DIRECTOR OF COLLEGE ADVISING | $216,936 | $0 | $0 | $0 | $0 | $0 | $26,217 | $0 | $3,720 | $0 | $246,873 | $0 | $0 | $0 |
| ALLISON BRUNHOUSE | ||||||||||||||
| CHIEF ENROLLMENT & STRATEGY OFFICER | $213,525 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32,450 | $0 | $245,975 | $0 | $0 | $0 |
| EVELYN HANNA | ||||||||||||||
| DIRECTOR OF THE UPPER SCHOOL | $191,015 | $0 | $0 | $0 | $0 | $0 | $15,947 | $0 | $30,731 | $0 | $237,693 | $0 | $0 | $0 |
| MATTHEW PARK | ||||||||||||||
| CHIEF FINANCIAL & OPERATING OFFICER | $200,000 | $0 | $0 | $0 | $0 | $0 | $8,750 | $0 | $2,844 | $0 | $211,594 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | AS OUTLINED IN THE EMPLOYMENT AGREEMENTS WITH THE SCHOOL, THE HEAD OF SCHOOL IS REQUIRED TO RESIDE ON CAMPUS TO MEET THE ONGOING NEEDS OF THE SCHOOL COMMUNITY UNDER SECTION 119. THE SCHOOL PROVIDED THE HEAD OF SCHOOL WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $153,123. THE HOUSING ALLOWANCE WAS TREATED AS NONTAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, COLUMN D. THE HEAD OF SCHOOL WAS REIMBURSED $5,000 FOR THE COST OF A TENNIS CLUB MEMBERSHIP, USED FOR THE BENEFIT OF THE SCHOOL. THIS BENEFIT IS NONTAXABLE AND REPORTED ON SCHEDULE J, PART II, COLUMN D. |
| PART I, LINE 4B | JENNIFER C. GALAMBOS, HEAD OF SCHOOL, PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 222045817 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2016-10-25 | BondIssuedDt |
| Issue Price | $10,000,000 | IssuePriceAmt |
| Purpose | REFINANCING 2013 BOND & RENOVATION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $1,574,074 | RetiredAmt |
| Total Proceeds | $5,022,087 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $106,000 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $1,090,000 | CapitalExpendituresAmt |
| Other Spent Proceeds | $3,826,087 | OtherSpentProceedsAmt |
| Substantial Completion | 2016 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 2B: | FormAndLineReferenceDesc |
| Explanation | ALL GROSS PROCEEDS OF THE BONDS SUBJECT TO THE ARBITRAGE REBATE REQUIREMENT UNDER IRC SECTION 148(F) HAVE BEEN FULLY EXPENDED AND, THEREFORE, NO ARBITRAGE REBATE AMOUNT IS DUE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 20 | ContributionCnt |
| Noncash Contributions Rpt F990 | $854,077 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT AND RISK MANAGEMENT COMMITTEE. ONCE APPROVED, A REDACTED COPY OF THE RETURN WITH SCHEDULE B REMOVED IS THEN MADE AVAILABLE TO BOARD MEMBERS FOR 7 DAYS PRIOR TO FILING SHOULD THERE BE ANY ADDITIONAL QUESTIONS. |
| FORM 990, PART VI, SECTION B, LINE 12C | KENT PLACE SCHOOL HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO BOARD MEMBERS AND OFFICERS. EACH BOARD MEMBER AND OFFICER MUST ANNUALLY SIGN AND SUBMIT THE CONFLICT OF INTEREST STATEMENT TO THE COMMITTEE ON TRUSTEESHIP CHAIR DISCLOSING THEIR AWARENESS OF THE POLICY AND DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. IF A POTENTIAL OR ACTUAL CONFLICT IS DISCLOSED AT ANY TIME, THE BOARD PRESIDENT WILL REVIEW THE MATERIAL FACTS AND CIRCUMSTANCES AND FOLLOW-UP ON THE NON-COMPLIANCE. IF IT IS ESTABLISHED THAT AN ACTUAL CONFLICT EXISTS, THE INDIVIDUAL WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DISCUSSIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL THE CONFLICT IS RESOLVED. ANY DISCUSSION REGARDING THE CONFLICT OF INTEREST TRANSACTION IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS, REFLECTING THE CONFLICT OF INTEREST THAT WAS DISCLOSED, THE NAME OF THE INTERESTED PERSON, AND THE FINAL DETERMINATION AND DECISION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION COMMITTEE, CONSISTING OF BOARD OF TRUSTEE MEMBERS, REVIEWS THE PERFORMANCE OF THE HEAD OF SCHOOL AND COMPARES COMPENSATION TO ITS PEERS BASED ON SURVEYS PERFORMED BY SCHOOL ASSOCIATIONS AND INDEPENDENT COMPENSATION CONSULTANT. THE COMMITTEE REVIEWS THE KEY DATA AND PROVIDES A RECOMMENDATION TO THE PRESIDENT OF THE BOARD OF TRUSTEES. THE COMPENSATION DECISION DOCUMENTED IN THE RECORDS OF THE ORGANIZATION. THIS PROCESS WAS LAST COMPLETED IN FISCAL YEAR 2025. FOR OTHER OFFICERS, THE HEAD OF SCHOOL DETERMINES COMPENSATION BASED ON AN ANNUAL PERFORMANCE REVIEW AND PERIODICALLY COMPARES COMPENSATION TO THAT OF THEIR PEERS BASED ON SURVEYS PERFORMED BY SCHOOL ASSOCIATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE BY WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9: | LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -809,604. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT AND RISK MANAGEMENT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. |
Comments