ALABAMA EDUCATIONAL FOUNDATION AND INDIAN SPRINGS SCHOOL A CORPORATIO: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ALABAMA EDUCATIONAL FOUNDATION AND INDIAN SPRINGS SCHOOL A CORPORATIO (EIN 63-0319832)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-10-13
- IRS object ID
- 202302869349300910
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-13T08:04:08-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 630352192 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DENT MOSES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2204 LAKESHORE DR 300 | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 630319832 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALABAMA EDUCATIONAL FOUNDATION & INDIAN | BusinessNameLine1Txt |
| Business Name Line2 | SPRINGS SCHOOL A CORP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALAB | BusinessNameControlTxt |
| Phone | 2059883350 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 WOODWARD DR | AddressLine1Txt |
| City | INDIAN SPRINGS | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35124 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TANYA YEAGER | PersonNm |
| Person Title | ASSISTANT HEAD OF SCHOOL FINAN | PersonTitleTxt |
| Phone | 2059883350 | PhoneNum |
| Signature | 2023-10-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TANYA | PersonFirstNm |
| Person Last | YEAGER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES W MOODY CPA | PreparerPersonNm |
| PTIN | P01298585 | PTIN |
| Phone | 2058711880 | PhoneNum |
| Preparation | 2023-10-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SCOTT SCHAMBERGER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 WOODWARD DRIVE | AddressLine1Txt |
| City | INDIAN SPRINGS | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35124 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,270,805 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.INDIANSPRINGS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Activity Or Mission | GUIDED BY OUR MOTTO, LEARNING THROUGH LIVING, INDIAN SPRINGS SCHOOL FOSTERS A LOVE OF LEARNING AND CREATIVITY, A SENSE OF INTEGRITY AND MORAL COURAGE, AND AN ETHIC OF PARTICIPATORY CITIZENSHIP WITH RESPECT FOR INDIVIDUALITY AND INDEPENDENT THOUGHT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 80 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $93,584 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $880,835 | PYContributionsGrantsAmt |
| CY Contributions Grants | $989,794 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,093,695 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,092,881 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$9,589 | PYInvestmentIncomeAmt |
| CY Investment Income | -$190,952 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,174,516 | PYOtherRevenueAmt |
| CY Other Revenue | $104,002 | CYOtherRevenueAmt |
| PY Total Revenue | $15,139,457 | PYTotalRevenueAmt |
| CY Total Revenue | $12,995,725 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,930,895 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,362,197 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,022,703 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,276,344 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $700,353 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,419,423 | PYOtherExpensesAmt |
| CY Other Expenses | $6,121,537 | CYOtherExpensesAmt |
| PY Total Expenses | $13,373,021 | PYTotalExpensesAmt |
| CY Total Expenses | $14,760,078 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,766,436 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,764,353 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $39,755,713 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,225,469 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,955,145 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,150,168 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,800,568 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,075,301 | NetAssetsOrFundBalancesEOYAmt |
| Mission | GUIDED BY OUR MOTTO, LEARNING THROUGH LIVING, INDIAN SPRINGS SCHOOL FOSTERS A LOVE OF LEARNING AND CREATIVITY, A SENSE OF INTEGRITY AND MORAL COURAGE, AND AN ETHIC OF PARTICIPATORY CITIZENSHIP WITH RESPECT FOR INDIVIDUALITY AND INDEPENDENT THOUGHT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,253,439 | ExpenseAmt |
| Grant | $2,362,197 | GrantAmt |
| Revenue | $12,092,881 | RevenueAmt |
| Desc | OPERATION OF EDUCATIONAL ORGANIZATION | Desc |
| Total Program Service Expenses | $13,253,439 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 88 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 80 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIAN SPRINGS SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2059883350 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 WOODWARD DRIVE | AddressLine1Txt |
| City | INDIAN SPRINGS | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35124 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 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 |
|---|---|---|---|---|---|---|---|
| ELIZABETH GOODRICH | |||||||
| CHAIR, BOARD OF DIRECTORS | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CLARA K CHUNG | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLEN MCELROY | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEROLYN FERRARI | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRAXTON GOODRICH | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HANSON SLAUGHTER | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH FARLEY III | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KYUNG HAN | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEO KAYSER III | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MYLA CALHOUN | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT ALAND | |||||||
| TREASURER BOARD OF DIRECTO | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| W BEN HUNT | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LIA RUSHTON | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES H LEWIS | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| C RANDALL MINOR | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| R SCOTT PULLIAM | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN O HUDSON III | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EMILY HESS LEVINE | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALAN ENGEL | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN DAMSKY | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STARR TURNER DRUM | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CONNIE HILL | |||||||
| BOARD OF DIRECTORS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PEGGY FLEETWOOD | |||||||
| SECRETARY | 40.00 | Yes (X) | $50,884 | $0 | $4,348 | ||
| TANYA YEAGER | |||||||
| ASSISTANT HEAD OF SCHOOL F | 40.00 | Yes (X) | $168,057 | $0 | $43,026 | ||
| SCOTT SCHAMBERGER | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $353,682 | $0 | $93,401 | ||
| JAMES SIMON | |||||||
| ASSISTANT HEAD OF SCHOOL F | 40.00 | Yes (X) | $199,927 | $0 | $28,645 | ||
| LAUREN WAINRIGHT | |||||||
| DIRECTOR OF STRATEGY AND S | 40.00 | $106,832 | $0 | $15,756 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $879,382 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $185,176 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BL HARBERT INTERNATIONAL | |||||
| 820 SHADES CREEK PARKWAY STE 3000 | BIRMINGHAM | AL | 35223 | CONSTRUCTION | $2,753,435 |
| SAGE DINING SERVICES INC | |||||
| 1402 YORK ROAD | LUTHERVILLE | MD | 21093 | DINING SERVICES | $1,063,635 |
| SECURITY ENGINEERS INC | |||||
| 1617 3RD AVE N | BIRMINGHAM | AL | 35203 | SECURITY | $215,176 |
| SPECIALITY TURF SUPPLY INC | |||||
| 120 METROCK CIR | HELENA | AL | 35080 | GROUNDS CONTRACTOR | $153,256 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $989,794 | AllOtherContributionsAmt |
| Noncash Contributions | $35,612 | NoncashContributionsAmt |
| Total Contributions | $989,794 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611110 | $11,621,877 | $11,621,877 |
| STUDENT FEES AND OTHER INCOME | 611110 | $471,004 | $471,004 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,092,881 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $84,128 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $84,128 | RelatedOrExemptFuncIncomeAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,416 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,416 | RelatedOrExemptFuncIncomeAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $275,080 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$275,080 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$275,080 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$275,080 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| SUMMER CAMP | 713940 | $92,934 | $92,934 | |
| TOWN HALL RENTAL INCOME | 532000 | $650 | $650 | |
| MISCELLANEOUS REVENUE | 900099 | $2 | $2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $93,586 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,995,725 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,912,347 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $93,584 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,362,197 | TotalAmt |
| Program Services | $2,362,197 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $860,346 | TotalAmt |
| Program Services | $684,028 | ProgramServicesAmt |
| Management And General | $139,454 | ManagementAndGeneralAmt |
| Fundraising | $36,864 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,989,593 | TotalAmt |
| Program Services | $3,367,800 | ProgramServicesAmt |
| Management And General | $310,749 | ManagementAndGeneralAmt |
| Fundraising | $311,044 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,257 | TotalAmt |
| Program Services | $309,327 | ProgramServicesAmt |
| Management And General | $34,370 | ManagementAndGeneralAmt |
| Fundraising | $26,560 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $726,024 | TotalAmt |
| Program Services | $606,549 | ProgramServicesAmt |
| Management And General | $67,394 | ManagementAndGeneralAmt |
| Fundraising | $52,081 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,124 | TotalAmt |
| Program Services | $275,799 | ProgramServicesAmt |
| Management And General | $30,644 | ManagementAndGeneralAmt |
| Fundraising | $23,681 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,748 | TotalAmt |
| Management And General | $72,748 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,550 | TotalAmt |
| Management And General | $53,550 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,200 | TotalAmt |
| Program Services | $39,200 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,646 | TotalAmt |
| Program Services | $82,481 | ProgramServicesAmt |
| Management And General | $9,165 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,058 | TotalAmt |
| Program Services | $251,152 | ProgramServicesAmt |
| Management And General | $25,115 | ManagementAndGeneralAmt |
| Fundraising | $2,791 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,922 | TotalAmt |
| Program Services | $544,276 | ProgramServicesAmt |
| Management And General | $22,917 | ManagementAndGeneralAmt |
| Fundraising | $5,729 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,061 | TotalAmt |
| Program Services | $194,061 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500,474 | TotalAmt |
| Program Services | $1,425,450 | ProgramServicesAmt |
| Management And General | $60,019 | ManagementAndGeneralAmt |
| Fundraising | $15,005 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,126 | TotalAmt |
| Program Services | $343,126 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DINING HALL | $1,004,773 | $984,678 | $20,095 | |
| REPAIRS AND MAINTENANCE | $583,648 | $554,466 | $23,346 | $5,836 |
| SECURITY | $203,477 | $203,477 | ||
| ADMISSIONS | $192,949 | $192,949 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $989,905 | TotalAmt |
| Program Services | $832,423 | ProgramServicesAmt |
| Management And General | -$63,280 | ManagementAndGeneralAmt |
| Fundraising | $220,762 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,760,078 | TotalAmt |
| Program Services | $13,253,439 | ProgramServicesAmt |
| Management And General | $806,286 | ManagementAndGeneralAmt |
| Fundraising | $700,353 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,977,638 | BOYAmt |
| EOY | $2,377,317 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,548 | BOYAmt |
| EOY | $4,326,866 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,406,236 | BOYAmt |
| EOY | $3,028,114 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,227,575 | BOYAmt |
| EOY | $199,687 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,352 | BOYAmt |
| EOY | $108,990 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $51,120,857 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,413,840 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,532,795 | BOYAmt |
| EOY | $33,707,017 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,865 | BOYAmt |
| EOY | $256,866 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $275,704 | BOYAmt |
| EOY | $220,612 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,755,713 | BOYAmt |
| EOY | $44,225,469 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,094,848 | BOYAmt |
| EOY | $806,832 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,775,720 | BOYAmt |
| EOY | $5,226,875 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,084,577 | BOYAmt |
| EOY | $6,073,461 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $43,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,955,145 | BOYAmt |
| EOY | $12,150,168 | 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 | $23,908,638 | BOYAmt |
| EOY | $32,075,301 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,891,930 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,800,568 | BOYAmt |
| EOY | $32,075,301 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,755,713 | BOYAmt |
| EOY | $44,225,469 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,764,353 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,264 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,040,350 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,699,491 | BeginningYearBalanceAmt |
| Contributions | $677,606 | ContributionsAmt |
| Investment Earnings Or Losses | $1,029,566 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $656,254 | OtherExpendituresAmt |
| End Year Balance | $14,750,409 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,449,900 | BeginningYearBalanceAmt |
| Contributions | $966,943 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,318,996 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $398,356 | OtherExpendituresAmt |
| End Year Balance | $13,699,491 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,777,509 | BeginningYearBalanceAmt |
| Contributions | $178,859 | ContributionsAmt |
| Investment Earnings Or Losses | $1,835,157 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $341,625 | OtherExpendituresAmt |
| End Year Balance | $14,449,900 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,004,922 | BeginningYearBalanceAmt |
| Contributions | $58,906 | ContributionsAmt |
| Investment Earnings Or Losses | -$941,365 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $344,954 | OtherExpendituresAmt |
| End Year Balance | $12,777,509 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,978,599 | BeginningYearBalanceAmt |
| Contributions | $994,300 | ContributionsAmt |
| Investment Earnings Or Losses | $690,733 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $658,710 | OtherExpendituresAmt |
| End Year Balance | $14,004,922 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.44000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.56000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $941,977 | OtherCostOrOtherBasisAmt |
| Book Value | $941,977 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,190,399 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,033,342 | DepreciationAmt |
| Book Value | $27,157,057 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,934,148 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,809,358 | DepreciationAmt |
| Book Value | $4,124,790 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,990,443 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,507,342 | DepreciationAmt |
| Book Value | $1,483,101 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $63,890 | OtherCostOrOtherBasisAmt |
| Depreciation | $63,798 | DepreciationAmt |
| Book Value | $92 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $33,707,017 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $43,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $43,000 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | TO SUPPORT THE ALABAMA EDUCATIONAL FOUNDATION | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | INTERNET WEBSITE HOMEPAGE | ExplanationTxt |
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 |
| Non Cash Assistance | $2,362,197 | NonCashAssistanceAmt |
| Valuation Method Used | FMV BASED ON STANDARD TUITION RATES | ValuationMethodUsedDesc |
| Non Cash Assistance | FINANCIAL AID | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCOTT SCHAMBERGER | ||||||||||||||
| HEAD OF SCHOOL | $353,682 | $0 | $0 | $0 | $0 | $0 | $36,864 | $0 | $56,537 | $0 | $447,083 | $0 | $0 | $0 |
| JAMES SIMON | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL F | $199,927 | $0 | $0 | $0 | $0 | $0 | $20,308 | $0 | $8,337 | $0 | $228,572 | $0 | $0 | $0 |
| TANYA YEAGER | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL F | $168,057 | $0 | $0 | $0 | $0 | $0 | $17,891 | $0 | $25,135 | $0 | $211,083 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | ON-CAMPUS HOUSING AND HOUSEKEEPING ARE PROVIDED. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELBY COUNTY ECONOMIC & INDUSTRIAL DEVELOPMENT AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 631169768 | BondIssuerEIN |
| Bond Issued | 2021-12-02 | BondIssuedDt |
| Issue Price | $13,000,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION OF CAPITAL PROJECTS AND REFUNDING OF PRIOR ISSUE DATED 6/26/20 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $6,073,483 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $73,108 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $4,900,000 | CapitalExpendituresAmt |
| Other Spent Proceeds | $1,000,375 | OtherSpentProceedsAmt |
| Unspent | $100,000 | UnspentAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART II, PROCEEDS: | FormAndLineReferenceDesc |
| Explanation | LINE 3: ISSUE IS A DRAW DOWN LOAN WITH $13,000,000 AUTHORIZED. TOTAL AMOUNT OF DRAWS UNDER THE LOAN: $6,073,483 LINE 11: $1,000,375 OF PROCEEDS USED TO CURRENT REFUND PRIOR ISSUE DATED 6/26/2020 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $35,612 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | QUOTED MARKET PRICES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | UPON COMPLETION OF THE 990 BY THE AUDITING FIRM, THE 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE AND IS PROVIDED TO EACH BOARD MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE BOARD UNDERTAKES TO DETERMINE THOSE PERSONS WHO ARE INTERESTED PERSONS. THE OFFICERS AND DIRECTORS OF THE SCHOOL, AND ANY OTHER PERSON WHO, BASED ON ALL FACTS AND CIRCUMSTANCES AND TO THE BEST OF THAT PERSON'S KNOWLEDGE, IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE SCHOOL, OR WHO HAS BEEN IN SUCH A POSITION WITHIN THE LAST FIVE YEARS, ARE INTERESTED PERSONS. EACH INTERESTED PERSON SIGNS A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; 2. HAS READ THE CONFLICTS OF INTEREST POLICY; 3. UNDERSTANDS THE CONFLICTS OF INTEREST POLICY; 4. HAS AGREED TO COMPLY WITH THE CONFLICTS OF INTEREST POLICY; AND 5. HAS PREVIOUSLY DISCLOSED ANY FINANCIAL INTERESTS OR POSSIBLE FINANCIAL INTERESTS IN ACCORDANCE WITH THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD REVIEWS AND SETS COMPENSATION FOR THE HEAD OF SCHOOL ANNUALLY. THE HEAD OF SCHOOL SETS THE SALARIES OF KEY EMPLOYEES EACH YEAR USING REGIONAL AND NATIONAL BENCHMARKING TOOLS AVAILABLE FROM NAIS. HER DECISIONS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE CHAIR OF THE FINANCE AND AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | MATERIALS ARE AVAILABLE UPON REQUEST BY CONTACTING THE ORGANIZATION. CONTACT INFORMATION CAN BE FOUND ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | PAYMENTS FROM INDIAN SPRINGS SCHOOL, (63-1000137), A 501(C)(3) ORGANIZATION, WHICH SERVES AS A SUPPORT ORGANIZATION FOR THE ALABAMA EDUCATIONAL FOUNDATION. 1,040,350. ROUNDING |
| FORM 990, PART XI, LINE 2C: | NO CHANGES FROM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIAN SPRINGS SCHOOL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 WOODWARD DRIVE | AddressLine1Txt |
| City | INDIAN SPRINGS | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35124 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 631000137 | EIN |
| Primary Activities | SUPPORT ALABAMA EDUCATIONAL FOUNDATION | PrimaryActivitiesTxt |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 509(A)(3) TYPE II | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIAN SPRINGS SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionTypeTxt |
| Involved | $1,040,350 | InvolvedAmt |
| Method Of Amount Determination | ACCOUNTING RECORDS | MethodOfAmountDeterminationTxt |