LANDON SCHOOL CORPORATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LANDON SCHOOL CORPORATION (EIN 52-0635092)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-04-29
- IRS object ID
- 202601199349302370
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-29T17:49:30-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 333709623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 WISCONSIN AVENUE SUITE 400E | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | 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 | 520635092 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANDON SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAND | BusinessNameControlTxt |
| Phone | 3013203200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6101 WILSON LANE | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BENJAMIN J THOMAS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3013203200 | PhoneNum |
| Signature | 2026-04-28 | 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 | LAURA KIELCZEWSKI | PreparerPersonNm |
| PTIN | P00740769 | PTIN |
| Phone | 3016529100 | PhoneNum |
| Preparation | 2026-04-28 | 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 | JAMES NEILL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6101 WILSON LANE | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $47,713,032 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LANDON.NET | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | MAINTAINING EDUCATIONAL PROGRAMS FOR STUDENTS AT THE ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL LEVELS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 424 | TotalEmployeeCnt |
| Total Volunteers | 350 | TotalVolunteersCnt |
| Total Gross UBI | $45,307 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,256,900 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,807,024 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,791,509 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,237,041 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,289,005 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,288,122 | CYInvestmentIncomeAmt |
| PY Other Revenue | $154,193 | PYOtherRevenueAmt |
| CY Other Revenue | $887,898 | CYOtherRevenueAmt |
| PY Total Revenue | $47,491,607 | PYTotalRevenueAmt |
| CY Total Revenue | $47,220,085 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,590,540 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,024,526 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,109,632 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,884,131 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $35,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,727,519 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,860,316 | PYOtherExpensesAmt |
| CY Other Expenses | $14,222,369 | CYOtherExpensesAmt |
| PY Total Expenses | $42,560,488 | PYTotalExpensesAmt |
| CY Total Expenses | $45,166,026 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,931,119 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,054,059 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $143,946,361 | TotalAssetsBOYAmt |
| Total Assets EOY | $161,516,607 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $70,417,695 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $82,925,839 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $73,528,666 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $78,590,768 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LANDON SCHOOL IS COMMITTED TO THE ETHICAL, INTELLECTUAL, AND PERSONAL DEVELOPMENT OF BOYS. WE CHALLENGE AND INSPIRE THEM TO THINK DEEPLY, INDIVIDUALLY, AND BROADLY; TO LIVE WITH RESPECT AND HONOR; AND TO GROW INTO HEALTHY, WELL-ROUNDED MEN OF INTEGRITY AND CHARACTER WHO SEEK TO MAKE A POSITIVE DIFFERENCE IN THE WORLD AROUND THEM. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $36,081,815 | ExpenseAmt |
| Grant | $7,024,526 | GrantAmt |
| Revenue | $40,550,046 | RevenueAmt |
| Desc | MAINTAINING EDUCATIONAL PROGRAMS FOR STUDENTS AT THE ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL LEVELS. | Desc |
| Total Program Service Expenses | $36,081,815 | 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 | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | 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 | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | 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 | 133 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 424 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | 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 | Yes (1) | 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 | Yes (1) | 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 | BENJAMIN J THOMAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3013203200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6101 WILSON LANE | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES NEILL | ||||||||
| PRESIDENT/HEAD OF SCHOOL | 60.00 | Yes (X) | Yes (X) | $655,310 | $0 | $83,945 | ||
| ADAM WENCHEL | ||||||||
| TREASURER | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALI AL-ATTAR | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| BILL MAGRUDER | ||||||||
| CHAIR | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BRIEN WHITE | ||||||||
| TREASURER | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BROOKE SEAWELL | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| BURNELL E HOLLAND III | ||||||||
| SECRETARY | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DEBRA GRAHAM | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| DR INGER ROSNER | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| DWAINE ALLEYNE | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD LAMADE | ||||||||
| OUTGOING DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| JEFF ANSARY | ||||||||
| OUTGOING DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| JOHN BOTTI | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| KENDALL JESMER | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| KRISTEN BEST | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| LAURA HOFFMAN | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| LISA ELLIS WILLIAMS | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| LISA HERTZBERG | ||||||||
| TREASURER | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| MATT HOLLERAN | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| MIKE VORIS | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| NICK FREEMAN | ||||||||
| VICE CHAIR | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NII AMAAH K OFOSU-AMAAH | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| PETER VENTIMIGLIA | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| TED LAMADE | ||||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $14 | |||
| BENJAMIN THOMAS | ||||||||
| CFO/COO (AS OF 07/01/2024) | 60.00 | Yes (X) | $67,677 | $0 | $48,543 | |||
| STEVE KING | ||||||||
| OUTGOING INTERIM CFO | 60.00 | Yes (X) | $104,593 | $0 | $5,400 | |||
| PETER GALLO | ||||||||
| DIRECTOR OF DEVELOPMENT | 60.00 | $246,358 | $0 | $71,570 | Yes (X) | |||
| KATHERINE HARVEY | ||||||||
| DIR. OF ADMISSIONS/OUTREACH/ENROLL. | 60.00 | $171,310 | $0 | $5,198 | Yes (X) | |||
| EHREN FEDEROWICZ | ||||||||
| HEAD OF UPPER SCHOOL | 60.00 | $151,208 | $0 | $75,714 | Yes (X) | |||
| TARA MONTAGUE | ||||||||
| ASSISTANT HEAD OF SCHOOL | 60.00 | $177,359 | $0 | $48,775 | Yes (X) | |||
| FRED HALLER | ||||||||
| CHIEF TECHNOLOGY OFFICER | 60.00 | $166,738 | $0 | $15,215 | Yes (X) | |||
| WILLIAM BRADY | ||||||||
| DIRECTOR OF ATHLETICS | 60.00 | $152,360 | $0 | $58,829 | Yes (X) | |||
| ERIN DUFFY | ||||||||
| HEAD OF MIDDLE SCHOOL | 60.00 | $153,163 | $0 | $67,993 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,046,076 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $481,196 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 63 | 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 |
|---|---|---|---|---|---|
| WILLIAMS & CONNOLLY LLP | |||||
| 680 MAINE AVE SW | WASHINGTON | DC | 20024 | LEGAL SERVICES | $607,267 |
| SIMPLY FRESH EVENTS LLC | |||||
| 7621 RICKENBACKER DRIVE SUITE 500 | GAITHERSBURG | MD | 20879 | EVENT PLANNING SERVICES | $427,063 |
| MARQUEZ TREE SERVICES LLC | |||||
| 1 MILL ST | PITTSTOWN | NJ | 08867 | LANDSCAPING SERVICES | $225,471 |
| RJM BUSINESS SERVICES LLC | |||||
| 330 CHANGEBRIDGE RD | PINE BROOK | NJ | 07058 | CONSULTING SERVICES | $164,048 |
| ARC ENVIRONMENTAL LLC | |||||
| 1311 HAUBERT ST | BALTIMORE | MD | 21230 | PROFESSIONAL SERVICES | $155,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $224,575 | FundraisingAmt |
| All Other Contributions | $4,582,449 | AllOtherContributionsAmt |
| Noncash Contributions | $1,183,561 | NoncashContributionsAmt |
| Total Contributions | $4,807,024 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611110 | $37,057,869 | $37,057,869 |
| AUXILIARY SERVICES | 611710 | $3,179,172 | $3,179,172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,237,041 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $789,032 | TotalRevenueColumnAmt |
| Exclusion | $789,032 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $516,731 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $516,731 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $516,731 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $45,307 | UnrelatedBusinessRevenueAmt |
| Exclusion | $471,424 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $561,845 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $62,755 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $499,090 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $499,090 | TotalRevenueColumnAmt |
| Exclusion | $499,090 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $300,533 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $224,575 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $242,371 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,162 | TotalRevenueColumnAmt |
| Exclusion | $58,162 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $349,308 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $187,821 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $161,487 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $161,487 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $151,518 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $151,518 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $151,518 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,220,085 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,550,046 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $45,307 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,817,708 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,024,526 | TotalAmt |
| Program Services | $7,024,526 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,551,552 | TotalAmt |
| Program Services | $1,314,155 | ProgramServicesAmt |
| Management And General | $172,899 | ManagementAndGeneralAmt |
| Fundraising | $64,498 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,899,639 | TotalAmt |
| Program Services | $15,144,344 | ProgramServicesAmt |
| Management And General | $2,004,443 | ManagementAndGeneralAmt |
| Fundraising | $750,852 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $925,905 | TotalAmt |
| Program Services | $793,676 | ProgramServicesAmt |
| Management And General | $97,598 | ManagementAndGeneralAmt |
| Fundraising | $34,631 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,099,443 | TotalAmt |
| Program Services | $1,799,621 | ProgramServicesAmt |
| Management And General | $221,298 | ManagementAndGeneralAmt |
| Fundraising | $78,524 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,407,592 | TotalAmt |
| Program Services | $1,206,574 | ProgramServicesAmt |
| Management And General | $148,371 | ManagementAndGeneralAmt |
| Fundraising | $52,647 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,456 | TotalAmt |
| Management And General | $409,456 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,700 | TotalAmt |
| Management And General | $56,700 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,000 | TotalAmt |
| Fundraising | $35,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,179 | TotalAmt |
| Management And General | $66,179 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,069,275 | TotalAmt |
| Program Services | $192,051 | ProgramServicesAmt |
| Management And General | $877,224 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,017 | TotalAmt |
| Program Services | $63,320 | ProgramServicesAmt |
| Management And General | $100,997 | ManagementAndGeneralAmt |
| Fundraising | $10,700 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $905,244 | TotalAmt |
| Program Services | $480,592 | ProgramServicesAmt |
| Management And General | $377,228 | ManagementAndGeneralAmt |
| Fundraising | $47,424 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,303,455 | TotalAmt |
| Program Services | $1,303,455 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,079,566 | TotalAmt |
| Program Services | $958,342 | ProgramServicesAmt |
| Management And General | $22,319 | ManagementAndGeneralAmt |
| Fundraising | $98,905 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $580,576 | TotalAmt |
| Program Services | $147,510 | ProgramServicesAmt |
| Management And General | $384,060 | ManagementAndGeneralAmt |
| Fundraising | $49,006 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,248,571 | TotalAmt |
| Program Services | $2,705,085 | ProgramServicesAmt |
| Management And General | $403,473 | ManagementAndGeneralAmt |
| Fundraising | $140,013 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,288 | TotalAmt |
| Management And General | $291,288 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD SERVICES | $1,361,845 | $6,311 | $1,355,534 |
| EQUIPMENT RENTAL AND MA | $987,356 | $976,422 | $10,934 |
| ACADEMICS AND ATHLETICS | $893,092 | $890,895 | $2,197 |
| SUMMER CAMP | $525,430 | $525,430 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,269,319 | TotalAmt |
| Program Services | $549,506 | ProgramServicesAmt |
| Management And General | $354,494 | ManagementAndGeneralAmt |
| Fundraising | $365,319 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,166,026 | TotalAmt |
| Program Services | $36,081,815 | ProgramServicesAmt |
| Management And General | $7,356,692 | ManagementAndGeneralAmt |
| Fundraising | $1,727,519 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307 | BOYAmt |
| EOY | $307 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,533,576 | BOYAmt |
| EOY | $22,307,856 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,211,661 | BOYAmt |
| EOY | $4,393,116 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,891 | BOYAmt |
| EOY | $528,838 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,017 | BOYAmt |
| EOY | $234,617 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,206 | BOYAmt |
| EOY | $78,362 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $671,648 | BOYAmt |
| EOY | $658,152 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $159,120,866 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,672,238 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,471,508 | BOYAmt |
| EOY | $100,448,628 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,450,329 | BOYAmt |
| EOY | $32,597,103 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $239,218 | BOYAmt |
| EOY | $269,628 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,946,361 | BOYAmt |
| EOY | $161,516,607 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,248,198 | BOYAmt |
| EOY | $2,034,803 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,297,071 | BOYAmt |
| EOY | $14,542,181 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,820,797 | BOYAmt |
| EOY | $65,390,869 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $811,519 | BOYAmt |
| EOY | $789,329 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,110 | BOYAmt |
| EOY | $168,657 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,417,695 | BOYAmt |
| EOY | $82,925,839 | 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 | $33,243,733 | BOYAmt |
| EOY | $40,890,661 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,284,933 | BOYAmt |
| EOY | $37,700,107 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,528,666 | BOYAmt |
| EOY | $78,590,768 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,946,361 | BOYAmt |
| EOY | $161,516,607 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,054,059 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,008,043 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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 | $12,069,881 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,867,639 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,671,339 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,256,900 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,807,024 | CurrentTaxYearAmt |
| Total | $48,672,783 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,069,881 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,867,639 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,671,339 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,256,900 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,807,024 | CurrentTaxYearAmt |
| Total | $48,672,783 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,996,651 | SubstantialContributorsTotAmt |
| Public Support Total170 | $42,676,132 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $472,877 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $741,749 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $993,957 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $875,420 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,260,456 | CurrentTaxYearAmt |
| Total | $4,344,459 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,792 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $177,034 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $58,888 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $58,162 | CurrentTaxYearAmt |
| Total | $343,876 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $116,768 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,231 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $91,624 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $126,176 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $151,518 | CurrentTaxYearAmt |
| Total | $584,317 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $53,945,435 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $181,176,534 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.79110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79200 | 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 | OTHER INCOME - 2020 AMOUNT: $ 116,768. 2021 AMOUNT: $ 98,231. 2022 AMOUNT: $ 91,624. 2023 AMOUNT: $ 126,176. 2024 AMOUNT: $ 151,518. | 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 | $28,886,397 | BeginningYearBalanceAmt |
| Contributions | $1,524,884 | ContributionsAmt |
| Investment Earnings Or Losses | $3,789,721 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $495,666 | OtherExpendituresAmt |
| End Year Balance | $33,705,336 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,577,521 | BeginningYearBalanceAmt |
| Contributions | $1,548,085 | ContributionsAmt |
| Investment Earnings Or Losses | $3,300,791 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $540,000 | OtherExpendituresAmt |
| End Year Balance | $28,886,397 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,079,303 | BeginningYearBalanceAmt |
| Contributions | $595,645 | ContributionsAmt |
| Investment Earnings Or Losses | $2,418,573 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $516,000 | OtherExpendituresAmt |
| End Year Balance | $24,577,521 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,989,567 | BeginningYearBalanceAmt |
| Contributions | $1,287,834 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,491,137 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $706,961 | OtherExpendituresAmt |
| End Year Balance | $22,079,303 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,664,065 | BeginningYearBalanceAmt |
| Contributions | $909,632 | ContributionsAmt |
| Investment Earnings Or Losses | $5,107,753 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $691,883 | OtherExpendituresAmt |
| End Year Balance | $24,989,567 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.68610 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.31390 | 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 | $1,309,749 | OtherCostOrOtherBasisAmt |
| Book Value | $1,309,749 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $140,781,318 | OtherCostOrOtherBasisAmt |
| Depreciation | $57,706,101 | DepreciationAmt |
| Book Value | $83,075,217 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,978,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $966,137 | DepreciationAmt |
| Book Value | $16,012,278 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,384 | OtherCostOrOtherBasisAmt |
| Book Value | $51,384 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $100,448,628 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL LEASE OBLIGATIONS | Desc |
| Amt | $168,657 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $168,657 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $43,567,615 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,008,043 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$7,024,526 | OtherRevenueAmt |
| Revenue Not Reported | -$4,016,483 | RevenueNotReportedAmt |
| Revenue Subtotal | $47,584,098 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $66,179 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$430,192 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$364,013 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $47,220,085 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $38,505,513 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $430,192 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $430,192 | ExpensesNotReportedAmt |
| Expenses Subtotal | $38,075,321 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $66,179 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,024,526 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,090,705 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $45,166,026 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE DRAW FROM ENDOWMENT IS USED TO SUPPORT GENERAL PROGRAM SERVICES AS WELL AS FOR DESIGNATED PURPOSES, INCLUDING SCHOLARSHIPS, ETHICS FORUMS AND OTHER PROGRAMS (COMMUNITY SERVICE, ACADEMICS, ATHLETICS). |
| PART X, LINE 2: | THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECTED TO TAXATION AS UNRELATED BUSINESS INCOME. THE SCHOOL REPRESENTS THAT THERE IS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THE MANAGEMENT OF THE SCHOOL DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED, TAX YEARS SINCE 2022 REMAIN OPEN. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS -7,024,526. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD GROUPED WITH EXPENSES ON FINANCIAL STATEMENTS -187,821. FUNDRAISING EXPENSES -242,371. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD GROUPED WITH EXPENSES ON FINANCIAL STATEMENTS 187,821. FUNDRAISING EXPENSES 242,371. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS 7,024,526. |
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 | AN ANNUAL ANNOUNCEMENT IS PLACED IN THE WASHINGTON POST NEWSPAPER PUBLICIZING THE SCHOOL'S NONDISCRIMINATION POLICY BY AISGW (ASSOCIATION OF INDEPENDENT SCHOOLS OF GREATER WASHINGTON) AS A GROUP ANNOUNCEMENT ON BEHALF OF MEMBER SCHOOLS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCULLY ASSOCIATES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4753 NORMANDY LANE | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTANT | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $35,000 | RetainedByContractorAmt |
| Net To Organization | $0 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $35,000 | TotalRetainedByContractorsAmt |
| Licensed States | MD | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AZALEA FESTIVAL/HOLIDAY GREENS | Event1Nm |
| Gross Receipts Event1 | $525,108 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $224,575 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $300,533 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $66,279 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $6,875 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $169,217 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $525,108 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $224,575 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $300,533 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $66,279 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $6,875 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $169,217 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $242,371 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $58,162 | NetIncomeSummaryAmt |
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 |
|---|---|---|
| TUITION FINANCIAL AID | 185 | $6,899,949 |
| SCHOLARSHIPS | 13 | $124,577 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL PROVIDES FINANCIAL ASSISTANCE BASED ON BOTH FINANCIAL NEED AND ACADEMIC MERIT. THE SCHOOL HAS AN INDEPENDENT PROCEDURE TO DETERMINE QUALIFICATION FOR FINANCIAL ASSISTANCE. THE SCHOOL HAS STRICT RULES TO PREVENT RELATED PARTIES SUCH AS DISQUALIFIED PERSONS FROM BENEFITING FROM FINANCIAL ASSISTANCE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES NEILL | ||||||||||||||
| PRESIDENT/HEAD OF SCHOOL | $507,664 | $0 | $75,000 | $0 | $72,646 | $0 | $21,888 | $0 | $62,057 | $0 | $739,255 | $0 | $0 | $0 |
| PETER GALLO | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | $194,939 | $0 | $50,000 | $0 | $1,419 | $0 | $11,988 | $0 | $59,582 | $0 | $317,928 | $0 | $0 | $0 |
| EHREN FEDEROWICZ | ||||||||||||||
| HEAD OF UPPER SCHOOL | $149,885 | $0 | $0 | $0 | $1,323 | $0 | $9,677 | $0 | $66,037 | $0 | $226,922 | $0 | $0 | $0 |
| TARA MONTAGUE | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL | $175,500 | $0 | $500 | $0 | $1,359 | $0 | $8,775 | $0 | $40,000 | $0 | $226,134 | $0 | $0 | $0 |
| ERIN DUFFY | ||||||||||||||
| HEAD OF MIDDLE SCHOOL | $152,235 | $0 | $0 | $0 | $928 | $0 | $7,886 | $0 | $60,107 | $0 | $221,156 | $0 | $0 | $0 |
| WILLIAM BRADY | ||||||||||||||
| DIRECTOR OF ATHLETICS | $150,637 | $0 | $500 | $0 | $1,223 | $0 | $9,330 | $0 | $49,499 | $0 | $211,189 | $0 | $0 | $0 |
| FRED HALLER | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $164,904 | $0 | $500 | $0 | $1,334 | $0 | $14,850 | $0 | $365 | $0 | $181,953 | $0 | $0 | $0 |
| KATHERINE HARVEY | ||||||||||||||
| DIR. OF ADMISSIONS/OUTREACH/ENROLL. | $169,125 | $0 | $0 | $0 | $2,185 | $0 | $5,198 | $0 | $0 | $0 | $176,508 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TAX GROSS-UP PAYMENTS WERE MADE FOR VARIOUS TAXABLE BENEFITS PROVIDED TO THE HEAD OF SCHOOL. THE HEAD OF SCHOOL HOLDS VARIOUS BUSINESS MEETINGS THROUGHOUT THE YEAR IN HIS RESIDENCE AND THEREFORE, RECEIVES PERSONAL SERVICES TO MAINTAIN THE UPKEEP OF THE RESIDENCE FOR BUSINESS PURPOSES. THESE AMOUNTS ARE TREATED AS NONTAXABLE BENEFITS AND INCLUDED IN PART II COL D. A NON-TAXABLE HOUSING BENEFIT WAS PROVIDED TO INDIVIDUALS AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER. THE FOLLOWING INDIVIDUALS RECEIVED THE HOUSING BENEFIT: BENJAMIN THOMAS - $40,000 JAMES NEILL - $40,000 PETER GALLO - $40,000 EHREN FEDEROWICZ- $40,000 TARA MONTAGUE - $40,000 ERIN DUFFY - $40,000 WILLIAM BRADY - $40,000 |
| PART I, LINE 4B | THE HEAD OF SCHOOL PARTICIPATED IN A 457F PLAN AND RECEIVED A CONTRIBUTION OF $60,469. |
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 | MHHEFA SERIES 2022A & 2022B | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 520936091 | BondIssuerEIN |
| Bond Issued | 2022-03-03 | BondIssuedDt |
| Issue Price | $66,000,000 | IssuePriceAmt |
| Purpose | SEE SCHEDULE K, PART VI | PurposeDesc |
| Defeased | Yes (1) | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $278,776 | RetiredAmt |
| Total Proceeds | $66,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $50,001 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $62,231,213 | CapitalExpendituresAmt |
| Other Spent Proceeds | $3,718,785 | OtherSpentProceedsAmt |
| Substantial Completion | 2025 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | 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 | Yes (1) | 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 | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | 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 | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART I, LINE A, COLUMN (F) - (I) | FormAndLineReferenceDesc |
| Explanation | PART I BOND ISSUE CONSISTS OF: (1) 2022 BOND A - REFINANCE 2011 BOND DEBT AND PROVIDE FIXED FINANCING FOR MASTER PLAN CONSTRUCTION. DEBT UP TO $46,000,000. INTEREST ONLY UNTIL APRIL 2025. COL (G) DEFEASED - YES; COL (H) ON BEHALF OF ISSUER - YES; COL (I) POOLED FINANCING - NO. (2) 2022 BOND B - PROVIDE BRIDGE FINANCING FOR MASTER PLAN CONSTRUCTION PLEDGE RECEIVABLES PAYMENTS. DEBT UP TO $20,000,000. PRINCIPAL DUE AT MATURITY (2032) EXCEPT FOR REQUIRED PREPAYMENTS WITH THE PROCEEDS OF CERTAIN CAPITAL CAMPAIGN PLEDGES. COL (G) DEFEASED - NO; COL (H) ON BEHALF OF ISSUER - NO; COL (I) POOLED FINANCING - NO. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 32 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,183,561 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 NUMBER IN COLUMN (B) OF PART I REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM ENGAGED BY THE SCHOOL. THE RETURN IS REVIEWED BY THE PRESIDENT/HEAD OF SCHOOL, CFO, CONTROLLER, AND AUDIT AND RISK MANAGEMENT COMMITTEE BEFORE APPROVAL BY THE AUDIT AND RISK MANAGEMENT COMMITTEE AND MADE AVAILABLE TO THE TRUSTEES VIA A SECURE WEBSITE PORTAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS POSTED TO THE BOARD'S SECURE WEBSITE PORTAL. TRUSTEES ARE ASKED TO READ AND SIGN THE POLICY AT THE BEGINNING OF EACH YEAR AND ADVISE THE SECRETARY OF ANY ISSUES THAT MIGHT BE OF CONCERN. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SALARIES OF THE OFFICERS ARE DECIDED BY THE USE OF COMPARABLE SALARY DATA AS PROVIDED BY AISGW AND THE ASSOCIATION OF MARYLAND INDEPENDENT SCHOOLS. IN ADDITION, THE HEAD OF SCHOOL'S COMPENSATION WAS SUBJECT TO APPROVAL BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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