THACHER SCHOOL INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THACHER SCHOOL INC (EIN 95-1642398)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-08
- IRS object ID
- 202401299349303045
- Schema version
- 2022v5.0
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-08T12:41:12-07:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951642398 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Thacher School Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THAC | BusinessNameControlTxt |
| Phone | 8056403200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5025 Thacher Road | AddressLine1Txt |
| City | Ojai | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93023 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James Poulsen | PersonNm |
| Person Title | Asst. Treasurer | PersonTitleTxt |
| Signature | 2024-05-08 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | James | PersonFirstNm |
| Person Last | Poulsen | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jeff Hooper | PrincipalOfficerNm |
| Gross Receipts | $22,755,342 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.thacher.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | The Thacher School is a coeducational boarding high school (grades 9-12) serving academically talented students who will benefit from a rigorous college preparatory experience. Honor, fairness, kindness and truth are the cornerstones of school life. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 258 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $1,008,740 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $506,966 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,935,395 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,923,839 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,459,717 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,662,062 | CYProgramServiceRevenueAmt |
| PY Investment Income | $21,595,844 | PYInvestmentIncomeAmt |
| CY Investment Income | -$9,049,316 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$54,380 | PYOtherRevenueAmt |
| CY Other Revenue | $78,363 | CYOtherRevenueAmt |
| PY Total Revenue | $49,936,576 | PYTotalRevenueAmt |
| CY Total Revenue | $22,614,948 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,599,642 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,576,268 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,615,398 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,576,534 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,009,226 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $28,312,840 | PYOtherExpensesAmt |
| CY Other Expenses | $19,635,893 | CYOtherExpensesAmt |
| PY Total Expenses | $48,527,880 | PYTotalExpensesAmt |
| CY Total Expenses | $39,788,695 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,408,696 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$17,173,747 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $304,615,654 | TotalAssetsBOYAmt |
| Total Assets EOY | $297,294,813 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,302,156 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,234,364 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $276,313,498 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $274,060,449 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Thacher School is a coeducational boarding high school (grades 9-12) serving academically talented students who will benefit from a rigorous college preparatory experience. Honor, fairness, kindness and truth are the cornerstones of school life. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $29,021,478 | ExpenseAmt |
| Grant | $4,576,268 | GrantAmt |
| Revenue | $17,662,062 | RevenueAmt |
| Desc | Regular Education Program: The philosophy of The Thacher School is rooted in the wisdom and work of its founder, Sherman Day Thacher, who embraced the extraordinary natural venue of his school and sought above all else to train his students in the art of living for their own greatest good and for the good of their fellow citizens. He believed the most worthwhile education combined a vigorous academic life with rugged outdoor activities that engendered self-reliance, concern for others, and fidelity to four principles: honor, fairness, kindness, and truth. The Thacher School recently unveiled a newly transformed Observatory and with the expertise of staff will facilitate educational pathways in astronomy, computer science, robotics and engineering. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $142,595 | ExpenseAmt |
| Desc | Sierra Wilderness Program: Golden Trout Camp is an integral part of the wilderness and leadership training at Thacher. The program provides educational experience in health, wellness and wilderness training for disadvantaged youth during the summer months. Additionally, GTC offers an educational experience for alumni and friends of The Thacher School. GTC is a throwback to an earlier time in the Sierra when hunting and fishing camps were common in the high country. Located at 10,200 feet, just south of one of the highest peaks in California, the camp offers access to one of the world's wildest ecosystems. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $29,164,073 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 136 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 258 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | The Thacher School Inc | PersonNm |
| Phone | 8056403200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5025 Thacher Road | AddressLine1Txt |
| City | Ojai | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93023 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| Blossom Beatty Pidduck | |||||||
| HOS | 60.00 | 0.00 | Yes (X) | $1,176,265 | $0 | $165,028 | |
| Jeff Berndt | |||||||
| Director of Advancement | 40.00 | 0.00 | $427,085 | $0 | $85,188 | ||
| Jeffrey Hooper | |||||||
| Acting HOS | 50.00 | 0.00 | Yes (X) | $290,422 | $0 | $196,719 | |
| James Poulsen | |||||||
| Assist Treas | 40.00 | 0.00 | Yes (X) | $313,200 | $0 | $71,502 | |
| Sara Billings | |||||||
| Dir of Develop | 40.00 | 0.00 | $229,482 | $0 | $92,755 | ||
| Bill McMahon | |||||||
| Director of Admissions | 40.00 | 0.00 | $229,842 | $0 | $68,540 | ||
| Justin Arnold | |||||||
| Dir People Oper | 40.00 | 0.00 | $256,617 | $0 | $25,788 | ||
| Tracy Miller | |||||||
| Assist HOS | 40.00 | 0.00 | $160,786 | $0 | $75,021 | ||
| Carly Rodriquez | |||||||
| Dir Communications | 40.00 | 0.00 | $153,397 | $0 | $79,410 | ||
| Maria Morales-Kent | |||||||
| College Counseling | 40.00 | 0.00 | $162,405 | $0 | $63,799 | ||
| Daniel Sonenshine | |||||||
| Board Chair | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Gretchen Milligan | |||||||
| Vice Chair | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Janet Richardson | |||||||
| Vice Chair | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Laura Van Winkle James | |||||||
| Secretary | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Mike Galgon | |||||||
| Treasurer | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Riley Bechtel | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Hiroko Bekins | |||||||
| Parent Chair | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Michael Bekins | |||||||
| Parent Chair | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Scott Brittingham | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Blake Grayson | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Newlin Hastings | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Annica Howard | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Christina Hudson | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Stephanie Lynch | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Peter Munzig | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Guadalupe Nickell | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Anna Ortiz-Morfit | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Dawn Porter | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Max Reniers | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Mark Robinson | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Catalina Saenz | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Brian Smallwood | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Thomas Dermond | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| John Wagner | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Stefanie Warren | |||||||
| Trustee | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,399,501 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $923,750 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Bon Appetit | |||||
| PO Box 50196 | Los Angeles | CA | 90074 | Food Service | $2,151,111 |
| Byrom-Davey Inc | |||||
| 13220 Evening Creek Drive Ste 103 | San Diego | CA | 92128 | Contractor | $1,954,170 |
| Munger Tolles & Olson LLP | |||||
| PO Box 847424 | Los Angeles | CA | 90084 | Professional services | $1,558,762 |
| Palmaro Builders | |||||
| 110 San Miguel Dt | CAmarillo | CA | 93010 | Contractor | $892,912 |
| Kelly Cleaning | |||||
| 1445 Donlon St 4 | Ventura | CA | 93003 | Janitorial services | $365,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 25 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $13,923,839 | AllOtherContributionsAmt |
| Noncash Contributions | $1,328,442 | NoncashContributionsAmt |
| Total Contributions | $13,923,839 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Tuition & fees | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $17,662,062 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,662,062 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,662,062 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$9,049,316 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,008,740 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$10,058,056 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $108,125 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $84,867 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,258 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,258 | TotalRevenueColumnAmt |
| Exclusion | $23,258 | ExclusionAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $100,785 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $55,527 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,258 | TotalRevenueColumnAmt |
| Exclusion | $45,258 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rebates | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $9,847 | TotalRevenueColumnAmt |
| Exclusion | $9,847 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,847 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,614,948 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,662,062 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,008,740 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$9,979,693 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,576,268 | TotalAmt |
| Program Services | $4,576,268 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,707,995 | TotalAmt |
| Program Services | $443,897 | ProgramServicesAmt |
| Management And General | $704,324 | ManagementAndGeneralAmt |
| Fundraising | $559,774 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,053,394 | TotalAmt |
| Program Services | $6,542,003 | ProgramServicesAmt |
| Management And General | $2,187,198 | ManagementAndGeneralAmt |
| Fundraising | $1,324,193 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $945,719 | TotalAmt |
| Program Services | $575,452 | ProgramServicesAmt |
| Management And General | $234,413 | ManagementAndGeneralAmt |
| Fundraising | $135,854 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,046,056 | TotalAmt |
| Program Services | $1,418,081 | ProgramServicesAmt |
| Management And General | $412,452 | ManagementAndGeneralAmt |
| Fundraising | $215,523 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $823,370 | TotalAmt |
| Program Services | $509,135 | ProgramServicesAmt |
| Management And General | $201,888 | ManagementAndGeneralAmt |
| Fundraising | $112,347 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,616 | TotalAmt |
| Management And General | $276,616 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,783 | TotalAmt |
| Management And General | $74,783 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,887 | TotalAmt |
| Management And General | $789,887 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,801,183 | TotalAmt |
| Program Services | $2,403,305 | ProgramServicesAmt |
| Management And General | $361,230 | ManagementAndGeneralAmt |
| Fundraising | $36,648 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,071 | TotalAmt |
| Program Services | $31,952 | ProgramServicesAmt |
| Management And General | $164,682 | ManagementAndGeneralAmt |
| Fundraising | $79,437 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,055,012 | TotalAmt |
| Program Services | $758,733 | ProgramServicesAmt |
| Management And General | $208,705 | ManagementAndGeneralAmt |
| Fundraising | $87,574 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,847 | TotalAmt |
| Program Services | $454,557 | ProgramServicesAmt |
| Management And General | $63,977 | ManagementAndGeneralAmt |
| Fundraising | $54,313 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,929,774 | TotalAmt |
| Program Services | $1,884,916 | ProgramServicesAmt |
| Management And General | $29,230 | ManagementAndGeneralAmt |
| Fundraising | $15,628 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $777,854 | TotalAmt |
| Program Services | $474,530 | ProgramServicesAmt |
| Management And General | $89,134 | ManagementAndGeneralAmt |
| Fundraising | $214,190 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,849 | TotalAmt |
| Program Services | $75,583 | ProgramServicesAmt |
| Management And General | $15,160 | ManagementAndGeneralAmt |
| Fundraising | $57,106 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $709,826 | TotalAmt |
| Program Services | $693,326 | ProgramServicesAmt |
| Management And General | $16,500 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,573,647 | TotalAmt |
| Program Services | $4,400,399 | ProgramServicesAmt |
| Management And General | $136,764 | ManagementAndGeneralAmt |
| Fundraising | $36,484 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,714,125 | TotalAmt |
| Program Services | $117,780 | ProgramServicesAmt |
| Management And General | $1,585,310 | ManagementAndGeneralAmt |
| Fundraising | $11,035 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food service | $2,097,912 | $2,097,912 | ||
| Horse and outdoor program | $1,123,432 | $1,123,432 | ||
| Other operating expenses | $715,075 | $582,812 | $63,143 | $69,120 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,788,695 | TotalAmt |
| Program Services | $29,164,073 | ProgramServicesAmt |
| Management And General | $7,615,396 | ManagementAndGeneralAmt |
| Fundraising | $3,009,226 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,441,866 | BOYAmt |
| EOY | $1,211,747 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,005,286 | BOYAmt |
| EOY | $9,108,521 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,890,796 | BOYAmt |
| EOY | $6,226,900 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $424,344 | BOYAmt |
| EOY | $430,686 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,746 | BOYAmt |
| EOY | $26,944 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,699,270 | BOYAmt |
| EOY | $1,895,795 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $161,239,959 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $51,806,901 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,289,094 | BOYAmt |
| EOY | $109,433,058 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,837,352 | BOYAmt |
| EOY | $168,281,622 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,337 | BOYAmt |
| EOY | $306,546 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,563 | BOYAmt |
| EOY | $372,994 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,615,654 | BOYAmt |
| EOY | $297,294,813 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,624,594 | BOYAmt |
| EOY | $1,908,177 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $681,988 | BOYAmt |
| EOY | $726,516 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,995,574 | BOYAmt |
| EOY | $20,599,671 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,302,156 | BOYAmt |
| EOY | $23,234,364 | 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 | $117,475,178 | BOYAmt |
| EOY | $117,191,365 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,838,320 | BOYAmt |
| EOY | $156,869,084 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $276,313,498 | BOYAmt |
| EOY | $274,060,449 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,615,654 | BOYAmt |
| EOY | $297,294,813 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$17,173,747 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $14,920,698 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 | $178,095,617 | BeginningYearBalanceAmt |
| Contributions | $4,979,877 | ContributionsAmt |
| Investment Earnings Or Losses | $5,681,141 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,029,643 | OtherExpendituresAmt |
| Administrative Expenses | $789,882 | AdministrativeExpensesAmt |
| End Year Balance | $173,937,110 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $210,885,450 | BeginningYearBalanceAmt |
| Contributions | $3,440,609 | ContributionsAmt |
| Investment Earnings Or Losses | -$19,834,264 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,217,172 | OtherExpendituresAmt |
| Administrative Expenses | $1,179,006 | AdministrativeExpensesAmt |
| End Year Balance | $178,095,617 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $168,024,195 | BeginningYearBalanceAmt |
| Contributions | $7,486,087 | ContributionsAmt |
| Investment Earnings Or Losses | $49,299,172 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,864,867 | OtherExpendituresAmt |
| Administrative Expenses | $1,059,137 | AdministrativeExpensesAmt |
| End Year Balance | $210,885,450 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $177,012,175 | BeginningYearBalanceAmt |
| Contributions | $5,158,581 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,144,168 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,871,155 | OtherExpendituresAmt |
| Administrative Expenses | $1,131,238 | AdministrativeExpensesAmt |
| End Year Balance | $168,024,195 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $171,142,180 | BeginningYearBalanceAmt |
| Contributions | $17,922,625 | ContributionsAmt |
| Investment Earnings Or Losses | $6,696,855 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $17,868,000 | OtherExpendituresAmt |
| Administrative Expenses | $881,486 | AdministrativeExpensesAmt |
| End Year Balance | $177,012,174 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.26000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.69000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.05000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $4,173,294 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,827,362 | OtherCostOrOtherBasisAmt |
| Book Value | $7,000,656 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,482,194 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $126,956,318 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,525,334 | DepreciationAmt |
| Book Value | $88,913,178 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,317,622 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,246,285 | DepreciationAmt |
| Book Value | $7,071,337 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,565,378 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,102,677 | DepreciationAmt |
| Book Value | $1,462,701 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,917,791 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,932,605 | DepreciationAmt |
| Book Value | $4,985,186 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $109,433,058 | TotalBookValueLandBuildingsAmt |
| Total Book Value Securities | $168,281,622 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $32,225,017 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $14,920,698 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $14,920,698 | RevenueNotReportedAmt |
| Revenue Subtotal | $17,304,319 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $789,887 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $4,520,742 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,310,629 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,614,948 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,478,066 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $55,527 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $55,527 | ExpensesNotReportedAmt |
| Expenses Subtotal | $34,422,539 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $789,887 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $4,576,269 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,366,156 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $39,788,695 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: Intended uses of the endowment fund. | Endowment funds are intended to further the educational mission of the school by providing for financial aid and support of faculty and facilities. |
| Part X : FIN48 Footnote | The School is a qualified organization exempt from federal income and California franchise taxes under Sections 501(c)(3) of the Internal Revenue Code and 23701(d) of the California Revenue and Taxation Code, respectively, except on net income derived from unrelated business activities. The School uses the same accounting methods for tax and financial reporting.The Fund is taxed as a partnership for federal tax purposes. Accordingly, all profits and losses of the Fund are recognized by each member on their respective tax returns.The preparation of consolidated financial statements in conformity with U.S. GAAP requires the School to report information regarding its exposure to various tax positions taken. The School has evaluated its current tax positions and has concluded that as of June 30, 2023 and 2022, the School does not have any significant uncertain tax positions for which a reserve would be necessary. |
| Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S | Financial aid $4576269 Cost of Goods Sold $-55527 |
| Part XII, Line 2d: Other expenses and losses per audited F/S | Student store cost of goods sold $55527 |
| Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Financial aid $4576269 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | The school publishes the non-discrimination policy on its website. The school also makes all interested parties aware of its non-discrimination policy through catalogs, brochures, and other such means during the solicitation period. |
| Schedule E, Line 4 - Explanation of Records and Materials Not Maintained | |
| Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Caribbean | 0 | 0 | Investments | $126,154 | |
| East Asia and the Pacific | 0 | 0 | Program related | $23,000 | Travel-cultural enrichment |
| Carribean | 0 | 0 | Program related | $21,533 | Travel-cultural enrichment |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $170,687 | SubtotalSpentAmt |
| Total Spent | $170,687 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3f - Method of Accounting | Investments are reported at fair market value consistent with U.S. GAAP |
| Part I, Line 3f - Investments and Expenditures | Valuations fluctuate based on realized and unrealized gains and losses. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial aid grants | GrantTypeTxt |
| Recipient | 75 | RecipientCnt |
| Cash Grant | $4,576,268 | CashGrantAmt |
| Valuation Method Used | Fair market value | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Additional Supplemental Information | FormAndLineReferenceDesc |
| Explanation | In order to objectively establish financial need, The Thacher School subscribes to the services of the School Scholarship Service (SSS) which provides a financial aid need analysis based on information made available by families in a confidential Parent Financial Statement. By applying objective criteria in a specific formula, SSS is able to help establish a family's ability to pay the expected Parental Contribution, which is then adjusted for the number of other family members in tuition charging institutions and for day versus boarding situations. Once financial need has been established Thacher will make a financial aid award which comes as close as possible to meeting the indicated need. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| Bill McMahon | |||||
| Director of Admissions | $229,842 | $23,852 | $44,688 | $298,382 | |
| Blossom Beatty Pidduck | |||||
| HOS | $420,805 | $30,500 | $134,528 | $1,341,293 | $755,460 |
| Carly Rodriquez | |||||
| Dir Communications | $153,397 | $15,928 | $63,482 | $232,807 | |
| James Poulsen | |||||
| Assist Treas | $313,200 | $30,500 | $41,002 | $384,702 | |
| Jeff Berndt | |||||
| Director of Advancement | $427,085 | $30,500 | $54,688 | $512,273 | |
| Jeffrey Hooper | |||||
| Acting HOS | $290,422 | $29,630 | $167,089 | $487,141 | |
| Justin Arnold | |||||
| Dir People Oper | $256,617 | $13,250 | $12,538 | $282,405 | |
| Maria Morales-Kent | |||||
| College Counseling | $162,405 | $16,707 | $47,092 | $226,204 | |
| Sara Billings | |||||
| Dir of Develop | $229,482 | $23,537 | $69,218 | $322,237 | |
| Tracy Miller | |||||
| Assist HOS | $160,786 | $16,573 | $58,448 | $235,807 | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | FormAndLineReferenceDesc |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| California Enterprise Development Authority | ||||||||
| A | 352273601 | 13067RAY9 | 2010-01-04 | $35,515,000 | Refinanced prior bond issuances | false | false | false |
| California Enterprise Dev | ||||||||
| B | 352273601 | 13067RBP7 | 2019-09-01 | $21,701,357 | Refunding 2010 Issue | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|
| A | $35,515,000 | $31,701,357 | $562,315 | false | false | Yes (true) | Yes (true) |
| B | $21,701,357 | $350,714 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | Yes (true) | |
| B | false | false | false | false | false | false | false | false | Yes (true) | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | false | false | false |
| B | Yes (true) | false | false | Yes (true) | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | Arbitrage rebate computations encompass the bond and investment activity from the closing date, January 4, 2010, through September 1, 2019, the final computation date. Based on computations, no rebate liability exists and reporting to the IRS is not required.In June 2019, refunding escrow was opened with $10,000,000 from a School equity contribution and the issue price of $21,701,357 from refunding proceeds. The Refunding Revenue Bonds, Series 2019 issued on September 1, 2019 have a stated redemption price at maturity of $19,690,000 | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Blossom Beatty Pidduck | PersonNm |
| Relationship With Org | HOS | RelationshipWithOrgTxt |
| Loan Purpose | Incentive | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $300,000 | OriginalPrincipalAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brian Pidduck | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Spouse of HOS | RelationshipDescriptionTxt |
| Transaction | $27,609 | TransactionAmt |
| Transaction | Faculty member | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part V Supplemental Information | FormAndLineReferenceDesc |
| Explanation | Faculty and administrator spouses are hired in the normal course of business.Interested persons are not involved in setting or approving their salaries. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 22 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,328,442 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32, Hire and Use of Third Parties | FormAndLineReferenceDesc |
| Explanation | The Thacher School engages the services of Morgan Stanley to receive and sell noncash gifts of publicly traded stock. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 2 | Parent Association Chairs are voting members of the Board of Trustees related by marriage. Parent Association Chairs are trustees Heroko Bekins & Michael Bekins. |
| Form 990, Part VI, Section B, Line 11b | The Form 990 is prepared internally and reviewed by the Director of Finance. An outside consultant prepares a top-level review. A presentation of the review comments and/or 990 is made available to the audit committee. The full Form 990, except for Schedule B, is reviewed by the audit committee prior to being presented to the full board of trustees through a secure website. |
| Form 990, Part VI, Section B, Line 12c | Conflict of interest disclosure forms are signed by trustees annually. Identified conflicts are addressed by the Board President and Head of School as appropriate for the circumstances. An affected board member will recuse themself from any board action that may involve a conflict of interest. |
| Form 990, Part VI, Section B, Line 15a | The Board of Directors has a process for reviewing and approving the compensation of the Head of School/CEO and Director of Finance and Operations/Asst. Treasurer on a regular basis to determine it is fair and reasonable with the goal of retaining employees at compensation levels within appropriate market range. When the compensation was set at the beginning of the fiscal year, the board relied on a compensation study conducted by an independent compensation consultant and other salary benchmark data. Such compensation studies are performed every two to three years. The results of the study were presented to the full board and the board voted on the compensation packages offered to the employees. Additionally, the board approved the compensation ranges for all other key employees; and any subsequent suggested changes to the approved ranges are specifically reviewed and approved by the board prior to implementation. The organizations board of directors contemporaneously documented its deliberations and decisions regarding the compensation arrangements, including who was present, how they voted, a description of the comparability data and how it was obtained. |
| Form 990, Part VI, Section B, Line 15b | The Board of Directors delegates duties to the Personnel Committee. The Personnel Committee is responsible for conducting annual performance and compensation review of the Head of School. The Personnel Committee also assists the Head of School with issues regarding faculty and administrator compensation. Salaries are compared to a peer group of schools who provide statistics through membership with NAIS. The full board votes and determines the level of compensation. |
| Form 990, Part VI, Section C, Line 19 | Financial statements, conflict of interest policy or governing documents are available to the public upon request. |
| Form 990, Section VIII, Line 6a - Gross rents | The Thacher School received a non-cash gift of rental real estate in the Spring of 2020. Title to the non-debt financed rental real estate was completed in late July. The rent rolls were transferred to the school starting in July, though there were rental expenses incurred in transferring utilities and miscellaneous maintenance in June 2020. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 4205 Cottages LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5025 Thacher Road | AddressLine1Txt |
| City | Ojai | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93023 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951642398 | EIN |
| Primary Activities | Rental Real Estate | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Total Income | $23,258 | TotalIncomeAmt |
| End Of Year Assets | $5,655,488 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Thacher School | BusinessNameLine1Txt |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Thacher School Endowment LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 South Tryon Street | AddressLine1Txt |
| City | Charlotte | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300847978 | EIN |
| Primary Activities | Investment | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Global Endowment Mgt | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Share Of Total Income | -$10,005,920 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $168,682,957 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| UBI Code V | $1,008,740 | UBICodeVAmt |
| General Or Managing Partner | false | GeneralOrManagingPartnerInd |
| Ownership | 1.00000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | The Thacher School Endowment LP | FormAndLineReferenceDesc |
| Explanation | The Thacher School formed a fund of one investment partnership and transferred all endowment funds to a Delaware Limited Liability Company. Global Endowment Management, LP (GEM) is the outsourced investment manager and transacts business on behalf of the School.All but $725,419 of investment income is excluded under IRC Sections 512-514. The total net income from this investment partnership for the fiscal year ended 6/30/23 was $(10,005,920). This includes gross income of $(6,059,866), less professional and administrative expenses of $789,887. The net income excludes unrealized gains of $15,687,061. | ExplanationTxt |