SHERIDAN SCHOOL INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SHERIDAN SCHOOL INC (EIN 53-6019409)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-03-22
- IRS object ID
- 202330819349300133
- 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 I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-22T13:13:02-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 INTERNATIONAL DRIVE SUITE 1400 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21202 | 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 | 536019409 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERIDAN SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHER | BusinessNameControlTxt |
| Phone | 2023627900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4400 36TH ST NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200084208 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAVAN KHOOBCHANDANI | PersonNm |
| Person Title | BOARD CHAIR AND PRESIDENT | PersonTitleTxt |
| Phone | 2023627900 | PhoneNum |
| Signature | 2023-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAVAN | PersonFirstNm |
| Person Last | KHOOBCHANDANI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIA FLANNERY | PreparerPersonNm |
| PTIN | P00928918 | PTIN |
| Phone | 4102469300 | PhoneNum |
| Preparation | 2023-03-17 | PreparationDt |
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 | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERIDAN SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JESSICA DONOVAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4400 36TH ST NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200084208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,248,060 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SHERIDANSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1961 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | EDUCATIONAL SERVICES TO CHILDREN FROM KINDERGARTEN THROUGH EIGHTH GRADE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 122 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,913,790 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,512,352 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,798,272 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,823,873 | CYProgramServiceRevenueAmt |
| PY Investment Income | $165,267 | PYInvestmentIncomeAmt |
| CY Investment Income | $193,155 | CYInvestmentIncomeAmt |
| PY Other Revenue | $63,212 | PYOtherRevenueAmt |
| CY Other Revenue | $92,978 | CYOtherRevenueAmt |
| PY Total Revenue | $10,940,541 | PYTotalRevenueAmt |
| CY Total Revenue | $11,622,358 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,740,017 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,755,416 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,479,401 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,146,808 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $145,112 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,989,820 | PYOtherExpensesAmt |
| CY Other Expenses | $2,461,383 | CYOtherExpensesAmt |
| PY Total Expenses | $9,209,238 | PYTotalExpensesAmt |
| CY Total Expenses | $10,363,607 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,731,303 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,258,751 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $21,434,563 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,562,022 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,977,165 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,001,784 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,457,398 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,560,238 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SHERIDAN SCHOOL'S MISSION IS TO CREATE AN INCLUSIVE, VIBRANT LEARNING COMMUNITY. WE TAKE JOY IN LEARNING, SHOW KINDNESS AND EMPATHY TOWARDS OTHERS, EMBRACE NEW EXPERIENCES AND IDEAS, AND CONTINUALLY SEEK A DEEPER AND FULLER UNDERSTANDING OF THE WORLD. WE SEEK TO INSPIRE SELF-KNOWLEDGE, INTELLECTUAL DISCIPLINE, AND PERSONAL INTEGRITY IN OUR COMMUNITY MEMBERS. AT BOTH OUR CITY AND MOUNTAIN CAMPUSES, THE SHERIDAN COMMUNITY CHALLENGES ITSELF TO LIVE THE IDEAL OF RESPECT FOR ONESELF, OTHERS, AND THE ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $7,005,191 | ExpenseAmt |
| Grant | $1,702,768 | GrantAmt |
| Revenue | $9,109,906 | RevenueAmt |
| Desc | EDUCATION PROGRAM: AS AN ACCREDITED SCHOOL, WE PROVIDE AN EDUCATION FOR APPROXIMATELY 230 CHILDREN FROM KINDERGARTEN TO GRADE EIGHT AT OUR CITY AND MOUNTAIN CAMPUSES. WE SEEK TO NURTURE AND CHALLENGE CHILDREN THROUGH A COLLECTION OF ACADEMIC SUBJECTS AND ENRICHING ACTIVITIES THAT ENCOURAGE CHILDREN TO TAKE RESPONSIBILITY FOR THEIR LEARNING AND SOCIAL DEVELOPMENT.FULL IN-PERSON DAILY CLASSES RESUMED IN SEPTEMBER 2021 WITHOUT THE CLASSROOM PARTITIONS AND COHORTS WHICH MARKED THE PREVIOUS SCHOOL YEAR. THE SCHOOL FOLLOWED PUBLIC HEALTH GUIDANCE, WITH DAILY HEALTH SCREENINGS, AS WELL AS VACCINATION CLINICS FOR FACULTY, STAFF, STUDENTS, AND THEIR FAMILIES, TO REDUCE COMMUNITY TRANSMISSION OF COVID-19. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $590,160 | ExpenseAmt |
| Revenue | $478,331 | RevenueAmt |
| Desc | SUMMER CAMP:THE SCHOOL CONDUCTS A SUMMER CAMP IN TWO- AND THREE-WEEK SESSIONS OF APPROXIMATELY 230 CHILDREN AGES 3 TO 16 EACH SUMMER. CHILDREN DEVELOP NEW SKILLS, SPECIAL TALENTS, EMERGING INTERESTS AND SELF-CONFIDENCE BY EXPLORATION AND CELEBRATION OF THE VISUAL AND PERFORMING ARTS, CULINARY ARTS, AND SPORTS. AFTER A LIMITED ONLINE CAMP IN THE SUMMER OF 2020, THE SCHOOL RESUMED CAMP ACTIVITIES IN-PERSON IN JUNE 2021, ALBEIT IN SMALLER-THAN-NORMAL COHORTS AND FOR TWO THREE-WEEK SESSIONS, SERVING APPROXIMATELY 150 CAMPERS PER SESSION AND 240 DIFFERENT CHILDREN OVER THE COURSE OF THE SUMMER. MOST OF THE REVENUE EARNED DURING THE SUMMER OF 2021 IS REFLECTED ON THIS RETURN.IN JUNE 2022, THE SCHOOL RESUMED ITS TRADITIONAL SUMMER CAMP PROGRAM FOR THREE TWO-WEEK SESSIONS, WELCOMING APPROXIMATELY 230 CHILDREN PER SESSION AND 430 DIFFERENT CHILDREN OVER THE COURSE OF THE SUMMER. CLASS SIZES RESUMED AT PRE-PANDEMIC LEVELS AND OFFERED A FULL RANGE OF INDOOR AND OUTDOOR ACTIVITIES. IN ADDITION, AFTER A HIATUS DURING THE PAST TWO SUMMERS, PRE-CAMP MORNING CHILDCARE AND POST-CAMP AFTERNOON CHILDCARE RESUMED. MOST OF THE REVENUE EARNED DURING THE SUMMER OF 2022 WILL BE REFLECTED ON NEXT YEAR'S RETURN. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $380,613 | ExpenseAmt |
| Desc | SUPPORT SERVICES:THE SCHOOL PROVIDES A DAILY NUTRITIOUS HOT LUNCH AND SNACKS FOR ALL STUDENTS, FACULTY, AND STAFF. DUE TO THE NEED TO CONTINUE MASKING, AND TO MAINTAIN COVID PRECAUTIONS DURING LUNCH, DINING SERVICES CONSISTED OF STUDENTS EATING IN THEIR CLASSROOMS RATHER THAN IN LARGE GROUPS IN THE CAFETERIA. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $338,320 | ExpenseAmt |
| Grant | $52,648 | GrantAmt |
| Revenue | $235,636 | RevenueAmt |
| Desc | AFTER SCHOOL PROGRAM:THE AFTER SCHOOL PROGRAMS MIRROR THE SCHOOL'S CHILD-ORIENTED PHILOSOPHY; CHILDREN ARE ENCOURAGED TO PURSUE THEIR INDIVIDUAL INTERESTS. WITHIN THE PROGRAM, CHILDREN MAY FOCUS ON EDUCATIONAL, ARTISTIC, OR PHYSICAL ACTIVITIES, INCLUDING ENRICHMENT CLASSES, STUDY HALL, GAMES, AND ART PROJECTS. IN SEPTEMBER 2021, THE SCHOOL RESUMED AFTER SCHOOL PROGRAMS IN SMALL COHORTS, ALTHOUGH ITS FULL COMPLEMENT OF ENRICHMENT ACTIVITIES, OUTSIDE OF MUSIC INSTRUCTION, IS ON HIATUS AND WILL RESUME IN SEPTEMBER 2022. THE PROGRAM TYPICALLY INCLUDES STRUCTURED ACTIVITIES FOR HALF- AND FULL-DAY PROGRAMS DURING CONFERENCE DAYS; HOWEVER THESE WERE NOT RESTORED UNTIL THE FALL OF 2022 DUE TO THE CONSTRAINTS ASSOCIATED WITH COHORTING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $338,320 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $52,648 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $235,636 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $8,314,284 | 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 | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | 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 | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 122 | 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 | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUZANNE BADOUX CO SHERIDAN SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2023627900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4400 36TH ST NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200084208 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JEFFREY GARIGLIANO | |||||||
| BOARD CHAIR & PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARI MCDONALD | |||||||
| VICE CHAIR & VICE PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES HULME | |||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JUSTIN GALEN | |||||||
| ASST TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SHANNON EGGER | |||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| AMELIA MATTLER | |||||||
| ASST SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ASAKI BRADFORD | |||||||
| DIRECTOR | 3.50 | Yes (X) | $0 | $0 | $0 | ||
| NATALIE CAMPBELL | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER FEINBERG | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RODNEY GLASGOW | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| PAVAN KHOOBCHANDANI | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| TRACY MANN | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| INDIRA MARTELL | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER MILLER | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DENISE NAGUIB | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| GARRY REEDER | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY WEIS | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| VALAIDA WISE | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIE ZIEGLER | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JESSICA DONOVAN | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $346,714 | $0 | $29,813 | ||
| SUZANNE BADOUX | |||||||
| DIRECTOR OF FINANCE & FACILITIES | 40.00 | Yes (X) | $149,774 | $0 | $22,607 | ||
| KELLY NELSON | |||||||
| LOWER SCHOOL HEAD | 40.00 | $140,208 | $0 | $15,662 | Yes (X) | ||
| MAUREEN MINEHAN | |||||||
| DIR. COMMUNICATIONS & STRATEGIC INITIATIVES | 40.00 | $123,088 | $0 | $18,549 | Yes (X) | ||
| MELANIE AUERBACH | |||||||
| DIR. STUDENT SUPPORT | 40.00 | $120,343 | $0 | $98,585 | Yes (X) | ||
| NATHALIE SVIEDRYS | |||||||
| DIR. AUXILIARY PROGRAMS | 40.00 | $117,341 | $0 | $17,550 | Yes (X) | ||
| LAURA GARCIA DE MENDOZA | |||||||
| MUSIC TEACHER | 40.00 | $113,880 | $0 | $5,680 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,111,348 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $208,446 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MERIWETHER GODSEY | |||||
| 4944 OLD BOONSBORO RD | LYNCHBURG | VA | 24503 | FOOD SERVICE PROGRAM | $195,159 |
| KINCH CONSTRUCTION | |||||
| PO BOX 288 | LOTHIAN | MD | 20711 | CONSTRUCTION PROJECTS | $114,497 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,027,201 | GovernmentGrantsAmt |
| All Other Contributions | $485,151 | AllOtherContributionsAmt |
| Noncash Contributions | $114,230 | NoncashContributionsAmt |
| Total Contributions | $1,512,352 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION & FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $9,823,873 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,823,873 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,823,873 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $125,738 | TotalRevenueColumnAmt |
| Exclusion | $125,738 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $693,119 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $619,327 | SecuritiesAmt |
| Other | $6,375 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $73,792 | SecuritiesAmt |
| Other | -$6,375 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,417 | TotalRevenueColumnAmt |
| Exclusion | $67,417 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $10,863 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,863 | TotalRevenueColumnAmt |
| Exclusion | $10,863 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER INCOME | 900099 | $51,279 | $51,279 |
| INSURANCE PROCEEDS | 900099 | $30,836 | $30,836 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $82,115 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,622,358 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,823,873 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $286,133 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,755,416 | TotalAmt |
| Program Services | $1,755,416 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $555,619 | TotalAmt |
| Management And General | $555,619 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,683,517 | TotalAmt |
| Program Services | $4,013,986 | ProgramServicesAmt |
| Management And General | $592,154 | ManagementAndGeneralAmt |
| Fundraising | $77,377 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,683 | TotalAmt |
| Program Services | $169,873 | ProgramServicesAmt |
| Management And General | $23,535 | ManagementAndGeneralAmt |
| Fundraising | $3,275 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,721 | TotalAmt |
| Program Services | $252,153 | ProgramServicesAmt |
| Management And General | $53,737 | ManagementAndGeneralAmt |
| Fundraising | $4,831 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,268 | TotalAmt |
| Program Services | $308,968 | ProgramServicesAmt |
| Management And General | $85,344 | ManagementAndGeneralAmt |
| Fundraising | $5,956 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,452 | TotalAmt |
| Program Services | $3,246 | ProgramServicesAmt |
| Management And General | $3,143 | ManagementAndGeneralAmt |
| Fundraising | $63 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,290 | TotalAmt |
| Management And General | $50,290 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,125 | TotalAmt |
| Management And General | $48,125 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $647,591 | TotalAmt |
| Program Services | $518,820 | ProgramServicesAmt |
| Management And General | $110,607 | ManagementAndGeneralAmt |
| Fundraising | $18,164 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,297 | TotalAmt |
| Program Services | $5,799 | ProgramServicesAmt |
| Management And General | $4,498 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,012 | TotalAmt |
| Program Services | $378,034 | ProgramServicesAmt |
| Management And General | $45,291 | ManagementAndGeneralAmt |
| Fundraising | $21,687 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,896 | TotalAmt |
| Program Services | $87,738 | ProgramServicesAmt |
| Management And General | $40,701 | ManagementAndGeneralAmt |
| Fundraising | $1,457 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,069 | TotalAmt |
| Program Services | $322,092 | ProgramServicesAmt |
| Management And General | $93,616 | ManagementAndGeneralAmt |
| Fundraising | $5,361 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,093 | TotalAmt |
| Program Services | $25,989 | ProgramServicesAmt |
| Management And General | $2,103 | ManagementAndGeneralAmt |
| Fundraising | $1 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,362 | TotalAmt |
| Program Services | $38,855 | ProgramServicesAmt |
| Management And General | $5,417 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,492 | TotalAmt |
| Management And General | $17,492 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $413,856 | TotalAmt |
| Program Services | $319,457 | ProgramServicesAmt |
| Management And General | $88,241 | ManagementAndGeneralAmt |
| Fundraising | $6,158 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,945 | TotalAmt |
| Management And General | $66,945 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ADM. & ENTRANCE FEES | $47,899 | $47,899 | ||
| OTHER EXPENSES | $34,225 | $22,854 | $11,114 | $257 |
| MAINTENANCE EXPENSES | $28,168 | $24,562 | $3,371 | $235 |
| EQUIPMENT | $21,611 | $18,543 | $2,868 | $200 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,363,607 | TotalAmt |
| Program Services | $8,314,284 | ProgramServicesAmt |
| Management And General | $1,904,211 | ManagementAndGeneralAmt |
| Fundraising | $145,112 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,154,956 | BOYAmt |
| EOY | $5,811,276 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,214,972 | BOYAmt |
| EOY | $685,484 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,872 | BOYAmt |
| EOY | $99,046 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,669 | BOYAmt |
| EOY | $20,224 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,238 | BOYAmt |
| EOY | $205,381 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,876,972 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,586,556 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,612,472 | BOYAmt |
| EOY | $4,290,416 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,165,157 | BOYAmt |
| EOY | $5,173,098 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,994,227 | BOYAmt |
| EOY | $4,277,097 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,434,563 | BOYAmt |
| EOY | $20,562,022 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $626,835 | BOYAmt |
| EOY | $762,707 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,637,100 | BOYAmt |
| EOY | $3,961,980 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $725,694 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,987,536 | BOYAmt |
| EOY | $4,277,097 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,977,165 | BOYAmt |
| EOY | $9,001,784 | 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 | $9,217,105 | BOYAmt |
| EOY | $9,690,393 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,240,293 | BOYAmt |
| EOY | $1,869,845 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,457,398 | BOYAmt |
| EOY | $11,560,238 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,434,563 | BOYAmt |
| EOY | $20,562,022 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,258,751 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,183,385 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $16,365 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $11,109 | 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 | $6,320,628 | BeginningYearBalanceAmt |
| Contributions | $1,500 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,032,127 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,290,001 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,949,874 | BeginningYearBalanceAmt |
| Contributions | $1,500 | ContributionsAmt |
| Investment Earnings Or Losses | $1,511,799 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $142,545 | OtherExpendituresAmt |
| End Year Balance | $6,320,628 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,970,740 | BeginningYearBalanceAmt |
| Contributions | $1,600 | ContributionsAmt |
| Investment Earnings Or Losses | $70,482 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $92,948 | OtherExpendituresAmt |
| End Year Balance | $4,949,874 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,906,426 | BeginningYearBalanceAmt |
| Contributions | $4,000 | ContributionsAmt |
| Investment Earnings Or Losses | $67,805 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,491 | OtherExpendituresAmt |
| End Year Balance | $4,970,740 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,677,800 | BeginningYearBalanceAmt |
| Contributions | $5,250 | ContributionsAmt |
| Investment Earnings Or Losses | $223,376 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,906,426 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.72000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.22000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.06000 | 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 | $217,056 | OtherCostOrOtherBasisAmt |
| Book Value | $217,056 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,794,155 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,053,365 | DepreciationAmt |
| Book Value | $3,740,790 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $774,615 | OtherCostOrOtherBasisAmt |
| Depreciation | $533,191 | DepreciationAmt |
| Book Value | $241,424 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,146 | OtherCostOrOtherBasisAmt |
| Book Value | $91,146 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,290,416 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION CONTRACT RECEIVABLE | Desc |
| Book Value | $4,277,097 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,277,097 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION CONTRACT LIABILITY | Desc |
| Amt | $4,277,097 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,277,097 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $8,651,797 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,183,385 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $16,365 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$1,755,416 | OtherRevenueAmt |
| Revenue Not Reported | -$2,922,436 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,574,233 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $48,125 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $48,125 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,622,358 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,560,066 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,560,066 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $48,125 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,755,416 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,803,541 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,363,607 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE EARNINGS FROM INVESTING OF ENDOWMENT FUNDS WILL BE USED TO PROVIDE NEED-BASED SCHOLARSHIPS AND SUPPORT PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND COMPENSATION FOR TEACHERS, AS WELL AS OTHER PROGRAM NEEDS, INCLUDING CAPITAL EXPENDITURES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST TUITION AND AFTER SCHOOL PROGRAM REVENUE -1,755,416. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST TUITION AND AFTER SCHOOL PROGRAM REVENUE 1,755,416. |
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 (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE RACIAL NONDISCRIMINATION POLICY IS PUBLICIZED THROUGH PRINTED MATERIALS AND PERIODIC ADVERTISEMENTS. |
| SCHEDULE E, PART I, LINE 6 | GRANTS FROM DISTRICT OF COLUMBIA PUBLIC SCHOOLS (DCPS) TO SUPPORT SHERIDAN STUDENTS LIVING IN UNDERSERVED AND ECONOMICALLY DISADVANTAGES AREAS. DCPS GRANTED $34,257 UNDER TITLE I, II AND IV FUNDING. GRANTS PROVIDED IN THE FORM OF INSTRUCTIONAL MATERIALS, EQUIPMENT AND PROFESSIONAL DEVELOPMENT ACTIVITIES. DCPS AUTHORIZED TO DISTRIBUTE FUNDS UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. $10,743 IN GRANTS PROVIDED IN THE FORM OF ONLINE CURRICULUM ENHANCEMENTS, AS WELL AS EQUIPMENT TO MAINTAIN STUDENT SAFETY. IN APRIL 2021 THE SCHOOOL RECEIVED $982,200 IN PROCEEDS FROM A PPP LOAN WHICH COULD BE FORGIVEN IF USED FOR QUALIFYING EXPENSES SUCH AS PAYROLL COSTS, MORTGAGE INTEREST, & UTILITIES, DURING THE ALLOWABLE PERIOD. THE LOAN FORGIVENESS WAS CALCULATED IN ACCORDANCE WITH PPP REQUIREMENTS AND SUBMITTED TO THE BANK. IN NOVEMBER 2021 THE SCHOOL RECEIVED FULL FORGIVENESS OF THIS LOAN AND ACCRUED INTEREST. |
| SCHEDULE E, LINE 3: | IN ADDITION TO BEING FULLY COMPLIANT IN ALL MATTERS RELATED TO NON-DISCRIMINATORY PRACTICES COVERED IN SCHEDULE E, SHERIDAN IS ACTIVELY COMMITTED TO ITS DIVERSITY VISION, WHICH UNDERPINS THE SCHOOL'S CORE MISSION AS FOLLOWS: WE BELIEVE THAT A DIVERSE AND INCLUSIVE LEARNING ENVIRONMENT IS INTEGRAL TO ACHIEVING ACADEMIC EXCELLENCE. SHERIDAN'S COMMITMENT TO DIVERSITY IS GROUNDED IN OUR SCHOOL MISSION AND THE PRINCIPLES OF PROGRESSIVE EDUCATION. WE OFFER A CURRICULUM THAT PROMOTES SOCIAL JUSTICE AND CHALLENGES PREJUDICE, WITHIN A SCHOOL CULTURE THAT EMBRACES AND CELEBRATES DIFFERENCES. WE RECOGNIZE AND VALUE THE EXPERIENCES THAT DIVERSITY OF GENDER, RACE, ETHNICITY, RELIGION, SEXUAL ORIENTATION, SOCIO-ECONOMIC CLASS, AGE AND ABILITY WITHIN OUR SCHOOL COMMUNITY CONTRIBUTES TO A SHERIDAN EDUCATION. WE ULTIMATELY STRIVE TO PREPARE OUR STUDENTS TO UNDERSTAND THE NATURE OF A COMPLEX WORLD AND TO THRIVE IN A MULTICULTURAL GLOBAL SOCIETY. |
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 | GrantTypeTxt |
| Recipient | 67 | RecipientCnt |
| Cash Grant | $1,755,416 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE AWARDED ON THE BASIS OF FINANCIAL NEED. RECIPIENT'S FAMILY MUST SUBMIT AN APPLICATION FOR FINANCIAL ASSISTANCE, WHICH IS REVIEWED BY AN INDEPENDENT SERVICE. THE INDEPENDENT SERVICE'S RECOMMENDATIONS ARE THEN EVALUATED BY THE SCHOOL'S FINANCIAL AID COMMITTEE. | 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 |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JESSICA DONOVAN | ||||||||||||||
| HEAD OF SCHOOL | $310,414 | $0 | $0 | $0 | $36,300 | $0 | $14,500 | $0 | $15,337 | $0 | $376,551 | $0 | $0 | $0 |
| MELANIE AUERBACH | ||||||||||||||
| DIR. STUDENT SUPPORT | $120,343 | $0 | $0 | $0 | $0 | $0 | $6,001 | $0 | $92,608 | $0 | $218,952 | $0 | $0 | $0 |
| SUZANNE BADOUX | ||||||||||||||
| DIRECTOR OF FINANCE & FACILITIES | $149,474 | $0 | $0 | $0 | $300 | $0 | $7,835 | $0 | $14,796 | $0 | $172,405 | $0 | $0 | $0 |
| KELLY NELSON | ||||||||||||||
| LOWER SCHOOL HEAD | $139,908 | $0 | $0 | $0 | $300 | $0 | $5,000 | $0 | $10,686 | $0 | $155,894 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | JESSICA DONOVAN, HEAD OF SCHOOL, RECEIVED $36,000 AS A TAXABLE HOUSING ALLOWANCE. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $55,959 | CashGrantAmt |
| Type Of Assistance | FINANCIAL AID | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION AND AFTER SCHOOL PROGRAMS | AssistancePurposeTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTEREST PERSONS: | FormAndLineReferenceDesc |
| Explanation | SHERIDAN STRIVES FOR A DIVERSE BOARD REPRESENTATIVE OF THE SCHOOL COMMUNITY. AS SUCH, A NUMBER OF BOARD MEMBERS RECEIVE FINANCIAL AID AS DETERMINED BY AN INDEPENDENT COMMITTEE AND A THIRD PARTY ALGORITHM. | 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 | $69,229 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | BOOKS & ONLINE SUBSCRIPTIONS | 10 | $19,804 | FMV |
| Yes (X) | COMPUTER EQUIPMENT | 20 | $12,726 | FMV |
| Yes (X) | SANITIZING EQUIPMENT | 1 | $6,243 | FMV |
| Yes (X) | PROFESSIONAL DEVELOPMENT | 2 | $6,228 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | USING A COMBINATION OF THE TWO METHODS ABOVE | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | FULL IN-PERSON DAILY ATTENDANCE RESUMED IN SEPTEMBER 2021 WITHOUT THE CLASSROOM PARTITIONS AND COHORTS WHICH MARKED THE PREVIOUS SCHOOL YEAR. THE SCHOOL FOLLOWED PUBLIC HEALTH GUIDANCE, WITH DAILY HEALTH SCREENINGS, AS WELL AS VACCINATION CLINICS FOR FACULTY, STAFF, STUDENTS, AND THEIR FAMILIES, TO REDUCE COMMUNITY TRANSMISSION OF COVID-19. THE SCHOOL'S TRADITIONAL IN-PERSON SUMMER CAMP PROGRAM RETURNED IN JUNE 2021, ALBEIT IN SMALLER-THAN-NORMAL COHORTS AND FOR TWO THREE-WEEK SESSIONS. IN THE SUMMER OF 2022, FULL CLASS SIZES RESUMED IN TWO-WEEK SESSIONS, AS DID A FULL RANGE OF INDOOR AND OUTDOOR ACTIVITIES. THE FOODSERVICE PROGRAM RESTORED THE HOT LUNCH BUFFET IN THE FALL OF 2021, INCLUDING LIMITED SALAD AND SANDWICH SELECTIONS. THIS WAS MADE POSSIBLE BY ELIMINATING THE COHORTING IN PLACE DURING THE PRIOR SCHOOL YEAR. HOWEVER, DUE TO THE NEED TO MAINTAIN COVID PRECAUTIONS WHILE UNMASKED, STUDENTS ATE LUNCH IN THEIR CLASSROOMS RATHER THAN IN LARGE GROUPS IN THE CAFETERIA. EX-CLUB, THE SCHOOL'S PRIMARY AFTER SCHOOL PROGRAM, RETURNED IN SEPTEMBER 2021. IN THIS PROGRAM, CHILDREN CAN PURSUE EDUCATIONAL, ARTISTIC, OR PHYSICAL ACTIVITIES AFTER THE END OF THE INSTRUCTIONAL SCHOOL DAY. FEE-BASED PRIVATE MUSIC INSTRUCTION CONTINUED IN AN ONLINE SETTING WHEN THE SCHOOL YEAR RESUMED. ENRICHMENT CLASSES, COVERING A VARIETY OF STUDENT INTERESTS, SUCH AS KARATE, CERAMICS, AND DANCE, REMAINED INACTIVE UNTIL THE FALL OF 2022, AS DID THE FULL- AND HALF-DAY PROGRAMS. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING THE FORM 990, THE MANAGEMENT TEAM, CONSISTING OF THE DIRECTOR OF FINANCE, SENIOR FINANCE STAFF AND HEAD OF SCHOOL REVIEWED THE DRAFT FORM 990 PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. THE DRAFT FORM 990, WITH DONOR NAMES REDACTED, WAS THEN MADE AVAILABLE TO THE AUDIT COMMITTEE FOR REVIEW. THE MEMBERSHIP OF THE AUDIT COMMITTEE INCLUDES TRUSTEES WITH PRACTICAL AND/OR PROFESSIONAL EXPERTISE, SUCH AS NONPROFIT MANAGEMENT, ACCOUNTING, AND FEDERAL TAX LAW GOVERNING EXEMPT ORGANIZATIONS. BEFORE THE ORGANIZATION SUBMITTED FORM 990 TO THE IRS, THE AUDIT COMMITTEE REPORTED TO THE BOARD OF TRUSTEES THAT THE AUDIT COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE DRAFT FORM 990 WAS COMPLETE, ACCURATE AND CORRECT. THE DRAFT 990, WITH DONOR NAMES REDACTED, WAS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND COMMENT PRIOR TO FILING. AT THAT TIME THE TRUSTEES WERE ALSO PROVIDED WITH THE OPPORTUNITY TO REQUEST AN UNREDACTED DRAFT FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | FULL DISCLOSURE OF ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST IS REQUIRED. EACH TRUSTEE AND OFFICER OF THE SCHOOL IS REQUIRED TO DISCLOSE ANY AND ALL FACTS THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST ANNUALLY VIA A FORM AND QUESTIONNAIRE, AS WELL AS WHENEVER SUCH ACTUAL OR POTENTIAL CONFLICT OCCURS BEFORE ANY RELEVANT ACTION BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD. THE FORMS ARE REVIEWED BY THE DIRECTOR OF FINANCE TO IDENTIFY ANY POTENTIAL CONFLICTS TO BE REVIEWED WITH THE AUDIT COMMITTEE. THE COMMITTEE WILL REVIEW WHETHER OR NOT A CONFLICT EXISTS AND WHETHER IT MAY MATERIALLY OR ADVERSELY AFFECT THE INTERESTS OF THE SCHOOL. THE TRUSTEE WITH THE POTENTIAL CONFLICT MAY NOT PARTICIPATE IN THIS DETERMINATION BY THE COMMITTEE. IF THE COMMITTEE DETERMINES THAT A CONFLICT MAY EXIST, THE BOARD OF TRUSTEES SHALL DETERMINE AN APPROPRIATE REMEDY. THIS REMEDY MAY INCLUDE THE RECUSAL OF THE TRUSTEE FROM CERTAIN MATTERS PENDING BEFORE THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE HEAD OF SCHOOL'S COMPENSATION WAS SET UNDER A THREE-YEAR CONTRACT EXECUTED IN NOVEMBER 2020 AND EFFECTIVE IN JULY 2021. THE BOARD OF TRUSTEES FORMED A COMMITTEE FOR THE PURPOSES OF NEGOTIATING THE CONTRACT WITH THE HEAD OF SCHOOL. THE COMMITTEE LOOKED AT COMPARABLE COMPENSATION DATA FROM PEER SCHOOLS, (FROM FORMS 990 AND A COMPENSATION SURVEY) WHEN ESTABLISHING THE COMPENSATION IN THE CONTRACT. THE CONTRACT WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AT A PORTION OF A MEETING AT WHICH THE HEAD OF SCHOOL WAS NOT PRESENT. THE CONTRACT PROVIDES FOR AN INCREASE OF 2.0% TO THE BASE SALARY IN EACH SUCCESSIVE YEAR OF THE CONTRACT. ANNUALLY, A REVIEW OF THE PERFORMANCE OF THE HEAD OF SCHOOL IS CARRIED OUT BY A COMMITTEE CONSISTING OF TRUSTEES WHO ARE OFFICERS OR CHAIRS OF COMMITTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE SCHOOL ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | GAIN (LOSS) FROM INTEREST RATE SWAP 11,109. |