CALHOUN SCHOOL INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CALHOUN SCHOOL INC (EIN 13-1623919)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-06
- IRS object ID
- 202421279349302382
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-06T12:19:23-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 733 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131623919 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CALHOUN SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CALH | BusinessNameControlTxt |
| Phone | 2124976500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 WEST END AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10024 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VICTOR CATANO | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 2124976500 | PhoneNum |
| Signature | 2024-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VICTOR | PersonFirstNm |
| Person Last | CATANO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CANDICE METH | PreparerPersonNm |
| PTIN | P01306891 | PTIN |
| Phone | 2129498700 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | STEVEN SOLNICK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 WEST END AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $68,524,981 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CALHOUN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1941 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE CALHOUN SCHOOL IS A PROGRESSIVE, INDEPENDENT, COEDUCATIONAL (CONTINUED IN SCHEDULE O)COLLEGE PREPARATORY SCHOOL WITH STUDENTS RANGING FROM THREE-YEAR-OLDS TO TWELFTH GRADERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 269 | TotalEmployeeCnt |
| Total Volunteers | 330 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,851,552 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,364,033 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,633,467 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $34,323,405 | CYProgramServiceRevenueAmt |
| PY Investment Income | $314,829 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,203,803 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $37,799,848 | PYTotalRevenueAmt |
| CY Total Revenue | $50,891,241 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,481,975 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,740,393 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,496,405 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,125,527 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $723,258 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,533,703 | PYOtherExpensesAmt |
| CY Other Expenses | $8,785,459 | CYOtherExpensesAmt |
| PY Total Expenses | $40,512,083 | PYTotalExpensesAmt |
| CY Total Expenses | $42,651,379 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,712,235 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,239,862 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $61,917,604 | TotalAssetsBOYAmt |
| Total Assets EOY | $80,165,719 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $40,310,489 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,634,252 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $21,607,115 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $36,531,467 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CALHOUN SCHOOL IS A PROGRESSIVE, INDEPENDENT, COEDUCATIONAL COLLEGE PREPARATORY SCHOOL WITH APPROXIMATELY 664 STUDENTS, RANGING FROM THREE-YEAR-OLDS TO TWELFTH GRADERS. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $32,532,132 | ExpenseAmt |
| Grant | $11,740,393 | GrantAmt |
| Revenue | $34,323,405 | RevenueAmt |
| Desc | CALHOUN'S GOAL IS TO INSPIRE A PASSION FOR LEARNING THROUGH A PROGRESSIVE APPROACH TO EDUCATION THAT VALUES INTELLECTUAL PURSUIT, CREATIVITY, DIVERSITY, AND COMMUNITY INVOLVEMENT. | Desc |
| Total Program Service Expenses | $32,532,132 | 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 | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | 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 | 66 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 269 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 21 | 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 |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VICTOR CATANO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124976500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 WEST END AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10024 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ALEXEI NICHOLS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTINE TAYLOR | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CLAUDIA SINGLETON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DALE ALLSOPP | |||||||||
| TRUSTEE (THRU 07/22) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DYLAN HIXON | |||||||||
| VICE CHAIR/TREASURER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| EDWARD NEWMAN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HANH LIVINGSTON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAY SUGARMAN | |||||||||
| TRUSTEE (THRU 07/22) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER JONES | |||||||||
| TRUSTEE AS OF 07/22 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER KURLAND | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM GLASGOW | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOEL DENNY | |||||||||
| TRUSTEE (THRU 6/19/23) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN WANG | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JON BRAYSHAW | |||||||||
| CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KAREN GREENE | |||||||||
| SECRETARY | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KENDALL VIDAL | |||||||||
| TRUSTEE AS OF 07/22 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KERN SCHIRESON | |||||||||
| TRUSTEE AS OF 07/22 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEIGH GERSTENBLATT | |||||||||
| TRUSTEE AS OF 07/22 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LETISHA GARY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LOUISE LITT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARGARET SPENCER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT HIRSCH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TERRY HAAS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WALTER LEVITCH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN SOLNICK | |||||||||
| HEAD OF SCHOOL | 40.00 | 0.00 | $749,119 | $0 | $61,645 | Yes (X) | |||
| DOROTHY LAMONACA | |||||||||
| DIRECTOR OF FINANCE (THRU 01/23) | 40.00 | 0.00 | $248,308 | $0 | $6,335 | Yes (X) | |||
| VICTOR CATANO | |||||||||
| DIRECTOR OF FINANCE AS OF 01/23 | 40.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ERIC OSORIO | |||||||||
| ASSOCIATE HEAD OF SCHOOL FOR TEACHING AND LEARNING | 40.00 | 0.00 | $221,536 | $0 | $23,773 | Yes (X) | |||
| DANIEL ISQUITH | |||||||||
| DIRECTOR OF UPPER SCHOOL | 40.00 | 0.00 | $190,260 | $0 | $23,011 | Yes (X) | |||
| ALLISON ROTHSCHILD | |||||||||
| DIRECTOR OF LOWER SCHOOL- EARLY CHILDHOOD | 40.00 | 0.00 | $193,028 | $0 | $14,440 | Yes (X) | |||
| LISA BIANCHI MERRITT | |||||||||
| DIR. OF COLLEGE COUNSELING | 40.00 | 0.00 | $175,927 | $0 | $35,695 | Yes (X) | |||
| ANDREW HUME | |||||||||
| DIRECTOR OF ENROLLMENT | 40.00 | 0.00 | $178,721 | $0 | $21,197 | Yes (X) | |||
| ANDREA SOLOMON-GUTIERREZ | |||||||||
| DIRECTOR OF MIDDLE SCHOOL | 40.00 | 0.00 | $171,265 | $0 | $12,807 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,128,164 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $198,903 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | 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 |
|---|---|---|---|---|---|
| EMERALD SERVICES INC | |||||
| ONE FAIRCHILD COURT SUITE 100 | PLAINVIEW | NY | 11803 | MAINTEANCE | $568,458 |
| AFFINECO LLC | |||||
| 855 MAIN ST 900 | BRIDGEPORT | CT | 06604 | CLEANING | $447,086 |
| PERLMAN AND PERLMAN LLP | |||||
| 521 FIRTH AVENUE 30TH FLOOR | NEW YORK | NY | 10175 | LEGAL | $269,672 |
| VERONA CARPENTER ARCHITECTS PLLC | |||||
| 59 HESTER STREET GROUND FLOOR | NEW YORK | NY | 10002 | ARCHITECTURE AND INTERIOR DESIGN | $209,508 |
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| P O BOX 828854 | PHILADELPHIA | PA | 191828854 | SECURITY | $181,456 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $346,760 | FundraisingAmt |
| Government Grants | $4,605,916 | GovernmentGrantsAmt |
| All Other Contributions | $1,411,357 | AllOtherContributionsAmt |
| Noncash Contributions | $315,871 | NoncashContributionsAmt |
| Total Contributions | $6,364,033 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION, ADMISSION, REGISTRATION | 611710 | $33,806,525 | $33,806,525 |
| AFTERSCHOOL PROGRAM | 611710 | $486,443 | $486,443 |
| OTHER INCOME | 611710 | $25,479 | $25,479 |
| THEATRE PRODUCTIONS INCOME | 611710 | $4,958 | $4,958 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $34,323,405 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $364,857 | TotalRevenueColumnAmt |
| Exclusion | $364,857 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,676,056 | SecuritiesAmt |
| Other | $13,504,225 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,145,970 | SecuritiesAmt |
| Other | $5,195,365 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,530,086 | SecuritiesAmt |
| Other | $8,308,860 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,838,946 | TotalRevenueColumnAmt |
| Exclusion | $9,838,946 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $292,405 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $346,760 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $292,405 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,891,241 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,323,405 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,203,803 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,740,393 | TotalAmt |
| Program Services | $11,740,393 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,405,611 | TotalAmt |
| Program Services | $1,028,937 | ProgramServicesAmt |
| Management And General | $343,200 | ManagementAndGeneralAmt |
| Fundraising | $33,474 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,605,829 | TotalAmt |
| Program Services | $12,155,823 | ProgramServicesAmt |
| Management And General | $4,054,549 | ManagementAndGeneralAmt |
| Fundraising | $395,457 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $822,937 | TotalAmt |
| Program Services | $602,407 | ProgramServicesAmt |
| Management And General | $200,932 | ManagementAndGeneralAmt |
| Fundraising | $19,598 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,149,341 | TotalAmt |
| Program Services | $1,573,364 | ProgramServicesAmt |
| Management And General | $524,792 | ManagementAndGeneralAmt |
| Fundraising | $51,185 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,141,809 | TotalAmt |
| Program Services | $835,829 | ProgramServicesAmt |
| Management And General | $278,789 | ManagementAndGeneralAmt |
| Fundraising | $27,191 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,815 | TotalAmt |
| Management And General | $279,815 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,925 | TotalAmt |
| Management And General | $113,925 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,095 | TotalAmt |
| Management And General | $32,095 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $578,010 | TotalAmt |
| Management And General | $578,010 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,088,998 | TotalAmt |
| Program Services | $1,662,860 | ProgramServicesAmt |
| Management And General | $1,273,092 | ManagementAndGeneralAmt |
| Fundraising | $153,046 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500,382 | TotalAmt |
| Program Services | $1,200,306 | ProgramServicesAmt |
| Management And General | $300,076 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $762,980 | TotalAmt |
| Management And General | $762,980 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,701,987 | TotalAmt |
| Program Services | $1,361,590 | ProgramServicesAmt |
| Management And General | $340,397 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,681 | TotalAmt |
| Management And General | $220,681 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT CAFETERIA | $463,279 | $370,623 | $92,656 | |
| CATERING AND ENTERTAINM | $43,307 | $43,307 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,651,379 | TotalAmt |
| Program Services | $32,532,132 | ProgramServicesAmt |
| Management And General | $9,395,989 | ManagementAndGeneralAmt |
| Fundraising | $723,258 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,852,570 | BOYAmt |
| EOY | $1,915,015 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,057,004 | BOYAmt |
| EOY | $1,411,303 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,220,661 | BOYAmt |
| EOY | $863,169 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $244,346 | BOYAmt |
| EOY | $175,149 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $398,531 | BOYAmt |
| EOY | $399,647 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $84,724,467 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,007,892 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,363,122 | BOYAmt |
| EOY | $54,716,575 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,781,370 | BOYAmt |
| EOY | $16,143,202 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,541,659 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,917,604 | BOYAmt |
| EOY | $80,165,719 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,121,499 | BOYAmt |
| EOY | $2,463,376 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,919,257 | BOYAmt |
| EOY | $9,684,251 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,269,733 | BOYAmt |
| EOY | $31,486,625 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,310,489 | BOYAmt |
| EOY | $43,634,252 | 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 | $8,147,856 | BOYAmt |
| EOY | $21,697,171 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,459,259 | BOYAmt |
| EOY | $14,834,296 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,607,115 | BOYAmt |
| EOY | $36,531,467 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,917,604 | BOYAmt |
| EOY | $80,165,719 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,239,862 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$120,103 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $6,804,593 | 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 |
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 | $13,459,259 | BeginningYearBalanceAmt |
| Contributions | $122,692 | ContributionsAmt |
| Investment Earnings Or Losses | $1,707,230 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $560,000 | OtherExpendituresAmt |
| End Year Balance | $14,729,181 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,656,449 | BeginningYearBalanceAmt |
| Contributions | $652,756 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,368,864 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,481,082 | OtherExpendituresAmt |
| End Year Balance | $13,459,259 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,195,695 | BeginningYearBalanceAmt |
| Contributions | $407,738 | ContributionsAmt |
| Investment Earnings Or Losses | $3,575,831 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $522,815 | OtherExpendituresAmt |
| End Year Balance | $18,656,449 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,158,927 | BeginningYearBalanceAmt |
| Contributions | $585,881 | ContributionsAmt |
| Investment Earnings Or Losses | $37,560 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,586,673 | OtherExpendituresAmt |
| End Year Balance | $15,195,695 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,515,817 | BeginningYearBalanceAmt |
| Contributions | $568,373 | ContributionsAmt |
| Investment Earnings Or Losses | $515,777 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $441,040 | OtherExpendituresAmt |
| End Year Balance | $16,158,927 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.88000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.12000 | 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 | $6,237,227 | OtherCostOrOtherBasisAmt |
| Book Value | $6,237,227 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,539,302 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,049,110 | DepreciationAmt |
| Book Value | $44,490,192 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,385,202 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,958,782 | DepreciationAmt |
| Book Value | $426,420 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,562,736 | OtherCostOrOtherBasisAmt |
| Book Value | $3,562,736 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $54,716,575 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLE FOR EMPLOYEE RETENTION CREDIT | Desc |
| Book Value | $4,541,659 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,541,659 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $38,998,650 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$120,103 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$120,103 | RevenueNotReportedAmt |
| Revenue Subtotal | $39,118,753 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $32,095 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $11,740,393 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $11,772,488 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $50,891,241 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,878,891 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,878,891 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $32,095 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $11,740,393 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $11,772,488 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,651,379 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL'S ENDOWMENT GENERATES A PREDICTABLE STREAM OF REVENUE THAT HELPS FUND ITS PROGRAMS, AS WELL AS FUND FINANCIAL AID. |
| PART X, LINE 2: | THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. DUE TO THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. |
| PART XI LINE 4B | & PART XII LINE 4B FINANCIAL AID OF $11,740,393 NETTED AGAINST REVENUE PER AUDITED FINANCIAL STATEMENTS, INCLUDED IN EXPENSES PER FORM 990. |
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 | Yes (1) | 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 | THE SCHOOL IS A MEMBER OF THE INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK (ISAAGNY). ISAAGNY PUBLISHES ITS RACIALLY NON-DISCRIMINATION POLICY, LISTING EACH MEMBER SCHOOL, EACH YEAR IN THE NY METRO DAILY NEWSPAPER. THE POLICY IS ALSO POSTED ON THE SCHOOL'S WEBSITE. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE SCHOOL RECEIVED $349,337 OF GOVERNMENT FUNDING FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL BENEFIT | Event1Nm |
| Gross Receipts Event1 | $639,165 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $346,760 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $292,405 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $178,252 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $114,153 | FoodAndBeverageEvent1Amt |
| Gross Receipts Total | $639,165 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $346,760 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $292,405 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $178,252 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $114,153 | FoodAndBeverageTotalEventsAmt |
| Direct Expense Summary Events | $292,405 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID PROVIDED TO STUDENTS | GrantTypeTxt |
| Recipient | 291 | RecipientCnt |
| Non Cash Assistance | $11,740,393 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDUCTION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CALHOUN SCHOOL'S FINANCIAL AID COMMITTEE REVIEWS PARENT FINANCIAL STATEMENTS, INCLUDING INDIVIDUAL TAX RETURNS, AND AWARDS STUDENTS SCHOLARSHIPS ON THE BASIS OF FINANCIAL 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 (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVEN SOLNICK | ||||||||||||||
| HEAD OF SCHOOL | $579,119 | $0 | $0 | $0 | $170,000 | $0 | $40,012 | $0 | $21,633 | $0 | $810,764 | $0 | $0 | $0 |
| DOROTHY LAMONACA | ||||||||||||||
| DIRECTOR OF FINANCE (THRU 01/23) | $248,308 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,335 | $0 | $254,643 | $0 | $0 | $0 |
| ERIC OSORIO | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL FOR TEACHIN | $221,536 | $0 | $0 | $0 | $0 | $0 | $17,584 | $0 | $6,189 | $0 | $245,309 | $0 | $0 | $0 |
| DANIEL ISQUITH | ||||||||||||||
| DIRECTOR OF UPPER SCHOOL | $190,260 | $0 | $0 | $0 | $0 | $0 | $14,539 | $0 | $8,472 | $0 | $213,271 | $0 | $0 | $0 |
| LISA BIANCHI MERRITT | ||||||||||||||
| DIR. OF COLLEGE COUNSELING | $175,927 | $0 | $0 | $0 | $0 | $0 | $14,001 | $0 | $21,694 | $0 | $211,622 | $0 | $0 | $0 |
| ALLISON ROTHSCHILD | ||||||||||||||
| DIRECTOR OF LOWER SCHOOL- EARLY CHIL | $193,028 | $0 | $0 | $0 | $0 | $0 | $14,440 | $0 | $0 | $0 | $207,468 | $0 | $0 | $0 |
| ANDREW HUME | ||||||||||||||
| DIRECTOR OF ENROLLMENT | $178,721 | $0 | $0 | $0 | $0 | $0 | $13,527 | $0 | $7,670 | $0 | $199,918 | $0 | $0 | $0 |
| ANDREA SOLOMON-GUTIERREZ | ||||||||||||||
| DIRECTOR OF MIDDLE SCHOOL | $171,265 | $0 | $0 | $0 | $0 | $0 | $12,807 | $0 | $0 | $0 | $184,072 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE SCHOOL PROVIDED ADDITIONAL BENEFITS TO ITS HEAD OF SCHOOL INCLUDING THE FOLLOWING: HOUSING ALLOWANCE AND DEPENDENT EDUCATION ALLOWANCE. |
| PART I, LINE 3 | DETERMINATION OF COMPENSATION: THE SCHOOL HAS AN EXECUTIVE COMMITTEE WHICH SETS THE COMPENSATION FOR THE HEAD OF SCHOOL BASED ON COMPARABLE DATA FROM PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL SETS THE COMPENSATION FOR KEY EMPLOYEES ALSO BASED ON COMPARABLE DATA OBTAINED FROM PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL HAS A WRITTEN EMPLOYMENT CONTRACT SIGNED BY THE BOARD CHAIRMAN. |
| PART I, LINE 4B | THE SCHOOL MAINTAINS A DEFERRED-COMPENSATION PLAN UNDER SECTION 457(B) FOR THE HEAD OF SCHOOL. EMPLOYER CONTRIBUTIONS TO PLAN BY THE SCHOOL WAS $19,512 DURING CALENDAR YEAR 2022. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| BUILD NYC RESOURCE CORPORATION | |||||||
| A | 454040561 | 2013-09-30 | $32,840,000 | THE CALHOUN SCHOOL PROJECT. | 0 | 0 | 0 |
| BUILD NYC RESOURCE CORPORATION | |||||||
| B | 454040561 | 2015-09-25 | $17,000,000 | CONSTRUCTION OF SCHOOL BUILDING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capitalized InterestCapitalizedInterestAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $30,295,000 | $32,840,000 | $775,814 | $1,769,186 | 0 | Yes (1) | Yes (1) | Yes (1) | |||
| B | $2,545,896 | $17,000,000 | $340,000 | $7,885,326 | Yes (1) | 0 | Yes (1) | Yes (1) | $209,602 | $8,774,674 | 2016 |
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 | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE K, PART I, LINE B | FormAndLineReferenceDesc |
| Explanation | ON SEPTEMBER 1, 2015, METROPOLITAN MONTESSORI SCHOOL ("MMS") ENTERED INTO A NON-REVOLVING LOAN AGREEMENT WITH THE BANK OF NEW YORK TO REFINANCE ITS THEN OUTSTANDING DEBT AND TO SECURE ADDITIONAL FINANCING FOR THE DEVELOPMENT, CONSTRUCTION, AND EQUIPPING OF THE PROPERTY AT 315 AND 325 WEST 85TH STREET. THE LOAN, IN THE PRINCIPAL AMOUNT OF $17,000,000, IS COLLATERALIZED BY THE PROPERTY. THE LOAN WAS FINANCED THROUGH A TAX-EXEMPT BOND APPROVED BY CERTAIN GOVERNMENTAL ENTITIES AND MMS, WHICH WAS DESIGNATED THE BUILD NYC RESOURCE CORPORATION REFUNDING AND IMPROVEMENT REVENUE BONDS, SERIES 2015. THE LOAN REQUIRED MONTHLY PAYMENTS OF PRINCIPAL AND INTEREST AT THE FIXED RATE OF 3.63% PER ANNUM AND MATURES ON OCTOBER 1, 2040. AS OF JUNE 30, 2023, THE OUTSTANDING BALANCE OF THE LOAN WAS $4,648,723 NET OF $351,277 OF DEFERRED FINANCING COST. ON JUNE 30, 2023, THE LOAN WAS TRANSFERRED TO THE CALHOUN SCHOOL AS THE SURVIVING ENTITY OF THE MERGER THAT BECAME EFFECTIVE JUNE 30, 2023. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $137,619 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PUBLISHED MARKET QUOTES. | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SEE PART II | Desc |
| Contribution | 176 | ContributionCnt |
| Noncash Contributions Rpt F990 | $178,252 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COMPARABLE SALES | 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 | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE SCHOOL RECEIVED DONATIONS OF STOCK SECURITIES FROM 12 DONORS DURING FISCAL YEAR 2023. OTHER NONCASH CONTRIBUTIONS THERE WERE 176 ITEMS DONATED FOR AUCTION WHICH WERE RECORDED AT FAIR VALUE TOTALING $178,252. |
| PART I, LINE 32B: | AN AUCTIONEER WAS HIRED WITH FIXED FEE FOR THE ANNUAL BENEFIT EVENT. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | METROPOLITAN MONTESSORI SCHOOL ("MMS") WAS A NOT-FOR-PROFIT CORPORATION CHARTERED BY THE REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK EDUCATION DEPARTMENT ON MARCH 31, 1967, FOR THE PURPOSE OF PROVIDING EDUCATION AND LEARNING DEVELOPMENT TO CHILDREN. ON OCTOBER 7, 2022, THE SCHOOL AND MMS ENTERED INTO A MERGER AGREEMENT. THE SCHOOL WAS THE SURVIVING ENTITY AND MMS CEASED TO EXIST AS A SEPARATE LEGAL ENTITY. THE MERGER WAS EFFECTIVE ON JUNE 30, 2023. MMS'S ASSETS, LIABILITIES AND NET ASSETS WERE TRANSFERRED, AT FAIR VALUE AT THE DATE OF MERGER, TO THE SCHOOL IN THE NET AMOUNT OF $6,804,593. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FULL BOARD IS GIVEN A COPY OF THE FORM 990 AND RELATED SCHEDULES FOR THEIR REVIEW. QUESTIONS AND COMMENTS FROM ANY TRUSTEE ARE ADDRESSED PRIOR TO THE SUBMISSION OF THE FORM 990 TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE SCHOOL HAS A CONFLICT OF INTEREST POLICY THAT IS SIGNED ANNUALLY BY KEY EMPLOYEES AND MEMBERS OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SCHOOL HAS AN EXECUTIVE COMMITTEE WHICH SETS THE COMPENSATION FOR THE HEAD OF SCHOOL BASED ON COMPARABLE DATA FROM PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL SETS THE COMPENSATION FOR KEY EMPLOYEES ALSO BASED ON COMPARABLE DATA OBTAINED FROM PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL HAS A WRITTEN EMPLOYMENT CONTRACT SIGNED BY THE CHAIRMAN OF THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS 990 AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THE 990 CAN ALSO BE OBTAINED THROUGH GUIDESTAR.ORG (NOW CALLED CANDID). THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| FORM 9990. PART VIII, LINE 7C(II) | ON JUNE 30, 2023, THE SCHOOL SOLD ITS PROPERTY LOCATED ON WEST 74TH STREET RESULTING IN A GAIN ON THE SALE OF APPROXIMATELY $8,309,000. THE PROCEEDS FROM THE SALE WERE USED TO PAY DOWN A PORTION OF THE SCHOOL'S DEBT AND MMS'S DEBT. |
| FORM 990, PART XI, LINE 9: | CONTRIBUTION FROM MERGER 6,804,593. |