SPEYER LEGACY SCHOOL: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SPEYER LEGACY SCHOOL (EIN 26-4274070)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-01-06
- IRS object ID
- 202340109349300359
- Schema version
- 2021v4.2
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-01-06T10:35:39-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 205907840 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ketcham & Associates LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 Mountain Avenue | AddressLine1Txt |
| City | Westfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07090 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264274070 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPEYER LEGACY SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPEY | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 9th Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Scott Molin | PersonNm |
| Person Title | CFOO | PersonTitleTxt |
| Phone | 2125814000 | PhoneNum |
| Signature | 2022-11-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Scott | PersonFirstNm |
| Person Last | Molin | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven Ketcham CPA | PreparerPersonNm |
| PTIN | P01439801 | PTIN |
| Phone | 9082324618 | PhoneNum |
| Preparation | 2023-01-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lawrence T Donovan Jr | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 9th Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $26,028,783 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.speyerlegacyschool.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | At The Speyer Legacy School, students are inspired to be intellectually curious and passionate. They realize their full potential as accelerated learners in a collaborative community that is committed to ethical values and action. (Contd Schedule O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 109 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,100,297 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,251,864 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,426,403 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,280,901 | CYProgramServiceRevenueAmt |
| PY Investment Income | $31,790 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,771 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,603 | PYOtherRevenueAmt |
| CY Other Revenue | $266,590 | CYOtherRevenueAmt |
| PY Total Revenue | $19,556,887 | PYTotalRevenueAmt |
| CY Total Revenue | $25,812,126 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,280,159 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,940,338 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,411,883 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,844,669 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $585,924 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,423,260 | PYOtherExpensesAmt |
| CY Other Expenses | $6,770,881 | CYOtherExpensesAmt |
| PY Total Expenses | $18,115,302 | PYTotalExpensesAmt |
| CY Total Expenses | $18,555,888 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,441,585 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,256,238 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $20,441,769 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,160,814 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,505,159 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,044,529 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$1,063,390 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,116,285 | NetAssetsOrFundBalancesEOYAmt |
| Mission | At The Speyer Legacy School, students are inspired to be intellectually curious and passionate. They realize their full potential as accelerated learners in a collaborative community that is committed to ethical values and action. (Contd Schedule O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $14,594,532 | ExpenseAmt |
| Grant | $2,940,338 | GrantAmt |
| Revenue | $26,028,783 | RevenueAmt |
| Desc | The Speyer Legacy School was founded in 2009 as a non-profit institution. The Organizations mission is to provide an optimal environment where advanced learners may realize their full potential in the company of both exceptional classmates and teachers who share, and will foster, their passion for learning.Speyer is dedicated to cultivating both intellect and integrity in equal measure. Children will enter with a wide range of interests, strengths, challenges and perspectives. It is the Schools goal that they leave more confident and developed in their individuality. | Desc |
| Total Program Service Expenses | $14,594,532 | 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 | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | 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 | false | TaxExemptBondsInd |
| 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 | false | DisregardedEntityInd |
| Related Entity | false | 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 | 42 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 109 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 | Yes (true) | 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 | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Scott Molin | PersonNm |
| Phone | 2125814000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 9th Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Lawrence T Donovan Jr | |||||||||
| Head of School | 40.00 | 0.00 | Yes (X) | Yes (X) | $539,326 | $0 | $46,952 | ||
| Scott Molin | |||||||||
| Chief Financial & Operating O | 40.00 | 0.00 | Yes (X) | $286,018 | $0 | $39,862 | |||
| Hatam Anvar | |||||||||
| Chief Technology Officer | 40.00 | 0.00 | $185,352 | $0 | $21,422 | Yes (X) | |||
| Paul Deards | |||||||||
| Deputy Head of School | 40.00 | 0.00 | Yes (X) | $159,515 | $0 | $28,402 | |||
| Heather Pinedo-Burns | |||||||||
| Head of Lower School | 40.00 | 0.00 | $131,985 | $0 | $27,250 | Yes (X) | |||
| Michelle Cristella | |||||||||
| Head of Middle School | 40.00 | 0.00 | $150,072 | $0 | $6,768 | Yes (X) | |||
| Jacqueline Sirgo | |||||||||
| Director of Admissions and Fi | 40.00 | 0.00 | $124,540 | $0 | $11,401 | Yes (X) | |||
| Jamie Steinfeld | |||||||||
| Teacher | 40.00 | 0.00 | $119,352 | $0 | $6,155 | Yes (X) | |||
| Aurelia Lamorre-Cargill | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Alexander Jinishian | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Peter Nakada | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Angelique LeDoux | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Brian Guzman | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Dr Dev Brar | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Michele Felsher | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Dr Charles Basch | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Kristna Berger | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Dr Kelly Posner Gerstenhaber | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Leah Gardiner Gilliam | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Shana Fisher | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Alex Fridlyand | |||||||||
| Board of Trustees | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Peter Nakada | |||||||||
| Board of Trustees | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Jennifer S Selendy | |||||||||
| Board of Trustees | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Michael Eastwood | |||||||||
| Board of Trustees | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Kristina Berger | |||||||||
| Board of Trustees | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,696,160 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $188,212 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Community Counseling Service | |||||
| PO Box 824885 | Philadelphia | PA | 19182 | Program related | $160,636 |
| Veracross LLc | |||||
| PO Box 844683 | Boston | MA | 02284 | Program related | $105,363 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $7,251,864 | AllOtherContributionsAmt |
| Noncash Contributions | $6,388,769 | NoncashContributionsAmt |
| Total Contributions | $7,251,864 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Application fees | 611600 | $12,800 | $12,800 |
| Tuition | 611600 | $17,638,961 | $17,638,961 |
| Other income | 611600 | $629,140 | $629,140 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,280,901 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,771 | TotalRevenueColumnAmt |
| Exclusion | $12,771 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $483,247 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $216,657 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $266,590 | TotalRevenueColumnAmt |
| Exclusion | $266,590 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,812,126 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,280,901 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $279,361 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,940,338 | TotalAmt |
| Program Services | $2,940,338 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,696,160 | TotalAmt |
| Program Services | $907,756 | ProgramServicesAmt |
| Management And General | $788,404 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,482,553 | TotalAmt |
| Program Services | $4,857,684 | ProgramServicesAmt |
| Management And General | $416,426 | ManagementAndGeneralAmt |
| Fundraising | $208,443 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,105,741 | TotalAmt |
| Program Services | $856,519 | ProgramServicesAmt |
| Management And General | $228,173 | ManagementAndGeneralAmt |
| Fundraising | $21,049 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560,215 | TotalAmt |
| Program Services | $466,512 | ProgramServicesAmt |
| Management And General | $79,637 | ManagementAndGeneralAmt |
| Fundraising | $14,066 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,185 | TotalAmt |
| Management And General | $82,185 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,525 | TotalAmt |
| Management And General | $21,525 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,235 | TotalAmt |
| Management And General | $50,235 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,771 | TotalAmt |
| Program Services | $5,639 | ProgramServicesAmt |
| Fundraising | $57,132 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,189 | TotalAmt |
| Management And General | $7,189 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,364 | TotalAmt |
| Program Services | $34,629 | ProgramServicesAmt |
| Management And General | $69,735 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,692,389 | TotalAmt |
| Program Services | $2,769,292 | ProgramServicesAmt |
| Management And General | $738,478 | ManagementAndGeneralAmt |
| Fundraising | $184,619 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,090 | TotalAmt |
| Program Services | $2,090 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,159 | TotalAmt |
| Program Services | $98,744 | ProgramServicesAmt |
| Management And General | $145 | ManagementAndGeneralAmt |
| Fundraising | $270 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,963 | TotalAmt |
| Management And General | $181,963 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $916,225 | TotalAmt |
| Program Services | $586,384 | ProgramServicesAmt |
| Management And General | $329,841 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,504 | TotalAmt |
| Management And General | $171,504 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Bank charges | $52,740 | $52,740 | ||
| Dues and subscriptions | $22,445 | $11,967 | $6,070 | $4,408 |
| Supplies | $61,010 | $4,639 | $55,493 | $878 |
| Postage and delivery | $2,191 | $2,072 | $10 | $109 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,240,896 | TotalAmt |
| Program Services | $1,007,372 | ProgramServicesAmt |
| Management And General | $138,574 | ManagementAndGeneralAmt |
| Fundraising | $94,950 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,555,888 | TotalAmt |
| Program Services | $14,594,532 | ProgramServicesAmt |
| Management And General | $3,375,432 | ManagementAndGeneralAmt |
| Fundraising | $585,924 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,511,438 | BOYAmt |
| EOY | $3,650,378 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,357,185 | BOYAmt |
| EOY | $621,698 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,847 | BOYAmt |
| EOY | $64,253 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,363 | BOYAmt |
| EOY | $6,613 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,050 | BOYAmt |
| EOY | $121,239 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,862,873 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,323,967 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,282,283 | BOYAmt |
| EOY | $8,538,906 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,091,603 | BOYAmt |
| EOY | $3,157,727 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,000 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,441,769 | BOYAmt |
| EOY | $16,160,814 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,806 | BOYAmt |
| EOY | $184,795 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,802,289 | BOYAmt |
| EOY | $9,128,563 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,171,464 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,022,600 | BOYAmt |
| EOY | $731,171 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,505,159 | BOYAmt |
| EOY | $10,044,529 | 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 | -$1,415,210 | BOYAmt |
| EOY | $5,844,489 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $351,820 | BOYAmt |
| EOY | $271,796 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,063,390 | BOYAmt |
| EOY | $6,116,285 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,441,769 | BOYAmt |
| EOY | $16,160,814 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,256,238 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$76,563 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $324,188 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$56,128 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $18,678 | OtherExpendituresAmt |
| End Year Balance | $249,382 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $265,857 | BeginningYearBalanceAmt |
| Contributions | $6,472 | ContributionsAmt |
| Investment Earnings Or Losses | $79,624 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $27,765 | OtherExpendituresAmt |
| End Year Balance | $324,188 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $262,654 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $16,712 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $13,509 | OtherExpendituresAmt |
| End Year Balance | $265,857 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $260,304 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $25,296 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $22,946 | OtherExpendituresAmt |
| End Year Balance | $262,654 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $242,958 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $29,711 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,365 | OtherExpendituresAmt |
| End Year Balance | $260,304 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,398,554 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,513,561 | DepreciationAmt |
| Book Value | $7,884,993 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,464,319 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,810,406 | DepreciationAmt |
| Book Value | $653,913 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,538,906 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Security deposits | Desc |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Security deposits | $2,600 |
| Rent forbearance payable | $728,571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $731,171 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,795,225 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$76,563 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$76,563 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,871,788 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,940,338 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,940,338 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,812,126 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,615,550 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $15,615,550 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,940,338 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,940,338 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $18,555,888 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other revenues included on Form 990 (Part XI, line 4b) | Scholarships and tuition assistance of $2,940,338. |
| Other expenses included on Form 990 (Part XII, line 4b) | Scholarships and tuition assistance of $2,940,338. |
| Footnote for uncertain tax position under FIN 48 (Part X) | The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code, and is not a private organization within the meaning of Section 590(a).Management has evaluated the Organizations tax positions in regards to accounting for uncertainty in income taxes and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the Organization is no longer subject to income tax examinations by the U.S. federal, state, or local tax authorities for years before 2019. |
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 | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Governmental Agency Financial Aid (Questions 6a and 6b) | During the fiscal year the Organization received financial assitance from government sources the Non Public School NYS Loan Program. |
| Description of nondiscriminatory policy (Question 3) | It is the policy of Organization not to discriminate on the basis of race, color, religion, sex, national origin, age or disability in its educational programs and its related policies and procedures. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Various | Event1Nm |
| Gross Receipts Event1 | $483,247 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $483,247 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $216,657 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $483,247 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $483,247 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $216,657 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $216,657 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $266,590 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Tuition assistance and scholarships | GrantTypeTxt |
| Cash Grant | $2,940,338 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | 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 |
| 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 (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| Scott Molin | ||||
| Chief Financial & Operating Officer | $286,018 | $24,102 | $15,760 | $325,880 |
| Lawrence T Donovan Jr | ||||
| Head of School | $539,326 | $37,080 | $9,872 | $586,278 |
| Paul Deards | ||||
| Deputy Head of School | $159,515 | $11,280 | $17,122 | $187,917 |
| Michelle Cristella | ||||
| Head of Middle School | $150,072 | $4,368 | $2,400 | $156,840 |
| Hatam Anvar | ||||
| Chief Technology Officer | $185,352 | $5,662 | $15,760 | $206,774 |
| Heather Pinedo-Burns | ||||
| Head of Lower School | $131,985 | $4,493 | $22,757 | $159,235 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kelly Gerstenhaber | PersonNm |
| Relationship With Org | Board Member | RelationshipWithOrgTxt |
| Loan Purpose | School expansion | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $13,040,464 | OriginalPrincipalAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Interest forgiveness | 1 | $181,963 | FMV |
| Yes (X) | Loan forgiveness | 1 | $6,171,464 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | The 990 form and the related schedules are provided to and reviewed by the full board after finance committee approval as well as management prior to submittal to the respective tax agencies. |
| Conflict of interest policy compliance Part VI line 12c | All board members as well as key employees and management are required to annually read and confirm in writing they have no conflicts of interest or otherwise disclose them and to immediately disclose any relationship that may potentially give rise to a conflict of interest. The finance committee is responsible for reviewing any issues that arise. |
| CEO executive director top management comp Part VI line 15a | A separate committee of the board evaluates the Head of School and recommends compensation. Remainder of senior administration is approved through the budget process which is evaluated and reviewed annually. |
| Other officer or key employee compensation Part VI line 15b | All compensation for key personnel is approved through the budget process by the board of directors which is evaluated and reviewed annually. |
| Governing documents etc available to public Part VI line 19 | The organization makes available its governing documents, conflict of interest policy and other policies and procedures upon request. The financial statements are also made available upon request. The 990 filing and the related schedules are made available upon request and can also be found on Guidestar.com, which is an independent entity that makes available via their website certain nonprofit information including but not limited to the Form 990. |
| General explanation attachment | Form 990, Part I, Line 1) Speyer students learn with like-minded classmates and are guided by academically fearless teachers who share and nourish their enthusiasm for knowledge and inquiry. |