BRECK SCHOOL: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BRECK SCHOOL (EIN 41-0693894)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-09
- IRS object ID
- 202201299349301220
- Schema version
- 2020v4.2
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-09T07:52:48-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693894 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Breck School | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BREC | BusinessNameControlTxt |
| Phone | 7633818454 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 Ottawa Ave N | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55422 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ted Forbath | PersonNm |
| Person Title | Chief Operating Officer | PersonTitleTxt |
| Phone | 7633818254 | PhoneNum |
| Signature | 2022-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Ted | PersonFirstNm |
| Person Last | Forbath | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2022-04-25 | PreparationDt |
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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ted Forbath | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 Ottawa Ave N | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55422 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $82,612,514 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 1194 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.breckschool.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1886 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | An Episcopal college-preparatory day school for students of diverse backgrounds in grades pre-K - 12. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 472 | TotalEmployeeCnt |
| Total Volunteers | 1000 | TotalVolunteersCnt |
| Total Gross UBI | -$156,116 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,232,115 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,563,300 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,766,949 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $39,665,447 | CYProgramServiceRevenueAmt |
| PY Investment Income | $720,317 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,939,644 | CYInvestmentIncomeAmt |
| PY Other Revenue | $431,884 | PYOtherRevenueAmt |
| CY Other Revenue | $276,761 | CYOtherRevenueAmt |
| PY Total Revenue | $46,151,265 | PYTotalRevenueAmt |
| CY Total Revenue | $50,445,152 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,906,731 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,765,332 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $26,171,823 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $27,422,789 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,040,884 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,155,091 | PYOtherExpensesAmt |
| CY Other Expenses | $12,492,862 | CYOtherExpensesAmt |
| PY Total Expenses | $44,233,645 | PYTotalExpensesAmt |
| CY Total Expenses | $47,680,983 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,917,620 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,764,169 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $145,805,473 | TotalAssetsBOYAmt |
| Total Assets EOY | $157,498,820 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $38,577,946 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,804,898 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $107,227,527 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $123,693,922 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Breck's mission is to prepare each student for a college whose culture is compatible with the individual's needs, interests, and abilities, help develop each student's unique talents and potential to excel by nurturing independence and self-worth and instill in each student a deep sense of social responsibility. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $40,268,011 | ExpenseAmt |
| Grant | $7,765,332 | GrantAmt |
| Revenue | $39,665,447 | RevenueAmt |
| Desc | Breck School provides primary and secondary school academic programs for up to 1,200 students in grades pre-school through grade twelve. Breck also provides a wide range of activities for its students including athletics and academic extracurriculars, visual and performing arts, student publications and clubs. Additional services offered by Breck include online and campus stores, an ice arena, transportation service, extended day care, tutoring, and food service. | Desc |
| Total Program Service Expenses | $40,268,011 | 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 | Yes (1) | 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 | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 85 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 472 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ted Forbath | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7633818454 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 Ottawa Ave N | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55422 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Natalia R Hernandez | ||||||||
| Head of School | 40.00 | Yes (X) | $503,911 | $0 | $44,041 | |||
| Ted Forbath | ||||||||
| Chief Operating Officer | 40.00 | Yes (X) | $207,795 | $0 | $38,572 | |||
| Wendy Engelman | ||||||||
| Controller | 40.00 | $192,151 | $0 | $31,089 | Yes (X) | |||
| Heather M Shiell | ||||||||
| Advancement Director | 40.00 | $182,548 | $0 | $28,681 | Yes (X) | |||
| Margaret Bailey | ||||||||
| Director of Lower School | 40.00 | $185,625 | $0 | $23,323 | Yes (X) | |||
| Schuyler Fauver | ||||||||
| Director of Middle School | 40.00 | $183,851 | $0 | $20,887 | Yes (X) | |||
| Mark Garrison | ||||||||
| Chief Information Officer | 40.00 | $155,699 | $0 | $34,458 | Yes (X) | |||
| Scott Wade | ||||||||
| Director of Admissions | 40.00 | $171,141 | $0 | $12,715 | Yes (X) | |||
| Stacy Glaus | ||||||||
| Chief Strategy and Comm. Officer | 40.00 | $142,908 | $0 | $25,569 | Yes (X) | |||
| Brett Bergene | ||||||||
| Athletic Director | 40.00 | $136,861 | $0 | $22,640 | Yes (X) | |||
| Paul Blesi | ||||||||
| Superintendent of Building | 40.00 | $135,921 | $0 | $22,891 | Yes (X) | |||
| Mary A Healy | ||||||||
| Director of Human Resource | 40.00 | $134,748 | $0 | $18,859 | Yes (X) | |||
| The Rt Rev Craig Loya | ||||||||
| Board Chair | 1.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Christoph Welsh | ||||||||
| Board President | 1.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Wendy Schoppert | ||||||||
| Treasurer | 1.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Rob Holt | ||||||||
| Secretary | 1.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Lee R Anderson | ||||||||
| Lifetime Trustee (non-voting) | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Jill E Schurtz | ||||||||
| Alumni Liaison | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Joan K Rex | ||||||||
| Parents Association Liaison | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Michelle Grabanski Pohlad | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Kamau Witherspoon | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Allison O'Toole | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Matthew S Hemsley | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Andrew Dayton | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Kevin Cavanaugh | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Sharon G Ryan | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Daniel Aronson | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Kelly A Baker | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Christopher Thibodeaux | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Winifred S Smith | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Ronald D Sit | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Richard Mattera | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Patricia Murphy | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Jeffrey Parkhill | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Susan F Colianni | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Sally Blanks | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Stuart Brown | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Susan Bass Roberts | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Shannon Evenstad | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Michael Goh | ||||||||
| Trustee | 1.25 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,333,159 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $323,725 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 32 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Allied Universal Security Services | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 161 Washington St Ste 600 | AddressLine1Txt |
| City | Conshohocken | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Security Services | ServicesDesc |
| Compensation | $174,596 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $62,288 | FundraisingAmt |
| Government Grants | $5,579,883 | GovernmentGrantsAmt |
| All Other Contributions | $1,921,129 | AllOtherContributionsAmt |
| Noncash Contributions | $196,293 | NoncashContributionsAmt |
| Total Contributions | $7,563,300 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Student Tuition | 611110 | $35,482,285 | $35,482,285 |
| Food Service | 721000 | $1,248,049 | $1,248,049 |
| Bus Service | 480000 | $684,631 | $684,631 |
| Ice Arena | 900099 | $418,135 | $418,135 |
| Summer Programs | 900099 | $313,991 | $313,991 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,518,356 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,518,356 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $39,665,447 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $305,286 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$156,116 | UnrelatedBusinessRevenueAmt |
| Exclusion | $461,402 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $34,526,247 | SecuritiesAmt |
| Other | $2,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,893,889 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,632,358 | SecuritiesAmt |
| Other | $2,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,634,358 | TotalRevenueColumnAmt |
| Exclusion | $2,634,358 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $188,541 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $62,288 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $41,706 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $146,835 | TotalRevenueColumnAmt |
| Exclusion | $146,835 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $361,693 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $231,767 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $129,926 | TotalRevenueColumnAmt |
| Exclusion | $129,926 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,445,152 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,665,447 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$156,116 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,372,521 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,721,485 | TotalAmt |
| Program Services | $7,721,485 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,847 | TotalAmt |
| Program Services | $43,847 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,852,251 | TotalAmt |
| Program Services | $520,052 | ProgramServicesAmt |
| Management And General | $1,113,884 | ManagementAndGeneralAmt |
| Fundraising | $218,315 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,322,099 | TotalAmt |
| Program Services | $17,216,877 | ProgramServicesAmt |
| Management And General | $1,685,823 | ManagementAndGeneralAmt |
| Fundraising | $419,399 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,431,513 | TotalAmt |
| Program Services | $1,261,085 | ProgramServicesAmt |
| Management And General | $141,235 | ManagementAndGeneralAmt |
| Fundraising | $29,193 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,292,116 | TotalAmt |
| Program Services | $2,335,722 | ProgramServicesAmt |
| Management And General | $784,802 | ManagementAndGeneralAmt |
| Fundraising | $171,592 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,524,810 | TotalAmt |
| Program Services | $1,282,461 | ProgramServicesAmt |
| Management And General | $198,503 | ManagementAndGeneralAmt |
| Fundraising | $43,846 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,323 | TotalAmt |
| Program Services | $1,357 | ProgramServicesAmt |
| Management And General | $128,966 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,625 | TotalAmt |
| Management And General | $43,625 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $757,573 | TotalAmt |
| Management And General | $757,573 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,244,706 | TotalAmt |
| Program Services | $2,089,602 | ProgramServicesAmt |
| Management And General | $142,646 | ManagementAndGeneralAmt |
| Fundraising | $12,458 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,218 | TotalAmt |
| Program Services | $10,604 | ProgramServicesAmt |
| Management And General | $87,614 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $552,895 | TotalAmt |
| Program Services | $319,510 | ProgramServicesAmt |
| Management And General | $192,942 | ManagementAndGeneralAmt |
| Fundraising | $40,443 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,587 | TotalAmt |
| Program Services | $138,314 | ProgramServicesAmt |
| Management And General | $139,596 | ManagementAndGeneralAmt |
| Fundraising | $30,677 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,242 | TotalAmt |
| Program Services | $1,242 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,435,748 | TotalAmt |
| Program Services | $2,148,158 | ProgramServicesAmt |
| Management And General | $264,265 | ManagementAndGeneralAmt |
| Fundraising | $23,325 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,615 | TotalAmt |
| Program Services | $127,615 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,461 | TotalAmt |
| Program Services | $138,709 | ProgramServicesAmt |
| Management And General | $16,687 | ManagementAndGeneralAmt |
| Fundraising | $2,065 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,310 | TotalAmt |
| Program Services | $215,639 | ProgramServicesAmt |
| Management And General | $13,473 | ManagementAndGeneralAmt |
| Fundraising | $1,198 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,255,256 | TotalAmt |
| Program Services | $3,112,770 | ProgramServicesAmt |
| Management And General | $125,015 | ManagementAndGeneralAmt |
| Fundraising | $17,471 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,706 | TotalAmt |
| Program Services | $62,242 | ProgramServicesAmt |
| Management And General | $214,464 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Athletic Expenses | $351,663 | $351,663 | |
| Student Activity Expens | $289,505 | $289,505 | |
| COVID Expenses | $286,076 | $255,276 | $30,800 |
| Classroom Expenses | $172,766 | $172,766 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $772,587 | TotalAmt |
| Program Services | $451,510 | ProgramServicesAmt |
| Management And General | $290,175 | ManagementAndGeneralAmt |
| Fundraising | $30,902 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,680,983 | TotalAmt |
| Program Services | $40,268,011 | ProgramServicesAmt |
| Management And General | $6,372,088 | ManagementAndGeneralAmt |
| Fundraising | $1,040,884 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,073,033 | BOYAmt |
| EOY | $21,527,617 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,663,460 | BOYAmt |
| EOY | $2,663,680 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $454,470 | BOYAmt |
| EOY | $325,954 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,154,391 | BOYAmt |
| EOY | $5,886,437 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,000 | BOYAmt |
| EOY | $20,000 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,235 | BOYAmt |
| EOY | $33,336 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,242 | BOYAmt |
| EOY | $100,364 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,062,426 | BOYAmt |
| EOY | $2,911,096 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $87,821,546 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $38,998,607 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,160,531 | BOYAmt |
| EOY | $48,822,939 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,037,685 | BOYAmt |
| EOY | $75,207,397 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,805,473 | BOYAmt |
| EOY | $157,498,820 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,036,977 | BOYAmt |
| EOY | $3,143,364 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,535,691 | BOYAmt |
| EOY | $20,319,763 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,891,247 | BOYAmt |
| EOY | $8,292,632 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,234,143 | BOYAmt |
| EOY | $708,491 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,569,355 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,310,533 | BOYAmt |
| EOY | $1,340,648 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,577,946 | BOYAmt |
| EOY | $33,804,898 | 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 | $49,336,289 | BOYAmt |
| EOY | $53,293,667 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,891,238 | BOYAmt |
| EOY | $70,400,255 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,227,527 | BOYAmt |
| EOY | $123,693,922 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,805,473 | BOYAmt |
| EOY | $157,498,820 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,764,169 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,702,226 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 8.60 | TotalAcreageCnt |
| Historic Structure Easements | 0 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 0 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 5.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $1,100 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | Yes (1) | Section170hRqrStsfdInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,769,755 | BeginningYearBalanceAmt |
| Contributions | $110,371 | ContributionsAmt |
| Investment Earnings Or Losses | $16,190,563 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,772,133 | OtherExpendituresAmt |
| End Year Balance | $71,298,556 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,245,425 | BeginningYearBalanceAmt |
| Contributions | $5,131,994 | ContributionsAmt |
| Investment Earnings Or Losses | $2,019,266 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,626,930 | OtherExpendituresAmt |
| End Year Balance | $57,769,755 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,633,824 | BeginningYearBalanceAmt |
| Contributions | $200,930 | ContributionsAmt |
| Investment Earnings Or Losses | $3,960,483 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,549,812 | OtherExpendituresAmt |
| End Year Balance | $53,245,425 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,068,080 | BeginningYearBalanceAmt |
| Contributions | $214,968 | ContributionsAmt |
| Investment Earnings Or Losses | $3,127,226 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,776,450 | OtherExpendituresAmt |
| End Year Balance | $51,633,824 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,224,485 | BeginningYearBalanceAmt |
| Contributions | $1,529,014 | ContributionsAmt |
| Investment Earnings Or Losses | $4,171,421 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,856,840 | OtherExpendituresAmt |
| End Year Balance | $51,068,080 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.03410 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.96590 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | 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 | $1,499,513 | OtherCostOrOtherBasisAmt |
| Book Value | $1,499,513 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,135,281 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,998,900 | DepreciationAmt |
| Book Value | $42,136,381 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,962,160 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,999,707 | DepreciationAmt |
| Book Value | $4,962,453 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $224,592 | OtherCostOrOtherBasisAmt |
| Book Value | $224,592 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,822,939 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Other | $255,613 | C |
| Fixed Income Mutual Funds | $59,525,037 | C |
| Hedge Funds | $2,802,855 | C |
| Limited Partnership | $12,623,892 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $75,207,397 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Agency and Other Reserves | $803,954 |
| Asset Retirement Obligation | $536,694 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,340,648 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $55,922,350 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $13,893,311 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$7,721,485 | OtherRevenueAmt |
| Revenue Not Reported | $6,171,826 | RevenueNotReportedAmt |
| Revenue Subtotal | $49,750,524 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $757,573 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$62,945 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $694,628 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $50,445,152 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,455,955 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $254,030 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $254,030 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,201,925 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $757,573 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,721,485 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,479,058 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $47,680,983 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II, Line 5: | The organization executes the periodic monitoring, inspection, violations, and enforcement of the conservation easements pursuant to the conservation agreement. |
| Part II, Line 9: | Breck School does not report conservation easements in its financial statements as a separate item or footnote. Amounts related to the conservation easements are immaterial to the financial statements. |
| Part V, Line 4: | The Breck School endowment must be maintained permanently by Breck School. A portion of the endowment represents net assets subject to donor-imposed stipulations. The donors of these assets permit Breck School to use the income earned on related investments for specific purposes. The remainder of the endowment is unrestricted. Breck School is allowed to use the income earned on related investments for general or specific purposes, as determined by the Breck School Board of Trustees. The amount of the income used by Breck School on an annual basis is governed by Breck School's investment and spending policies. |
| Part X, Line 2: | Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 740-10, Accounting for Uncertainty in Income Taxes, provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Income tax positions must meet a more likely-than not recognition threshold to be recognized. This interpretation also provides guidance on measurement derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Breck School has no uncertain tax positions resulting in an accrual of tax expense or benefit. |
| Part XI, Line 2d - Other Adjustments: | Financial Aid in Expenses for Tax Reporting -7,721,485. |
| Part XI, Line 4b - Other Adjustments: | Gain on Sale of Equipment in revenue for Tax Reporting 2,000. COGS in Revenue for Tax Reporting -231,767. Loss on Uncollectable Promises to Give in Revenue for Tax Reporting 166,822. |
| Part XII, Line 2d - Other Adjustments: | Gain on Sale of Equipment in Revenue for Tax Reporting -2,000. COGS in Revenue for Tax Reporting 231,767. Loss on Uncollectable Promises to Give in Expenses for Tax Reporting 24,263. |
| Part XII, Line 4b - Other Adjustments: | Financial Aid in Expenses for Tax Reporting 7,721,485. |
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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Policy is stated in advertising placed in newspapers, magazine, and other periodicals during the admissions period. |
| Schedule E, Part I, Line 6 | Hopkins (Minnesota) Public School District provides a per pupil allocation for textbooks/standardized tests/individualized instruction materials, pupil health services, and secondary pupil guidance/counsel services. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | 0 | 0 | Investments | $49,023,000 | |
| Europe (Including Iceland & Greenland) | 0 | 0 | Grants | $44,000 | Tuition |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $49,067,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $49,067,000 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Tuition - Breck Foreign Exchange Student | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgiu | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $43,847 | CashGrantAmt |
| Manner Of Cash Disbursement | applied to student account | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | Individuals receiving disbursements under Breck School's financial aid program qualify based on need and merit. Disbursement decisions are made by the financial aid committee in accordance with school philosophy/policy which is not to discriminate on the basis of sex, race, national and/or ethnic origin. Financial aid is applied directly to individuals' accounts. |
| Part III Accounting Method: | |
| Schedule F, Part IV: | Breck School reviews its direct and indirect investments during the tax period for determining required foreign filings. Breck School makes direct and indirect transfers to foreign corporations and foreign partnerships. Breck School would file Form 926 or Form 8865 if the transfers met the requirements for filing. Breck School's transfers to foreign corporations did require filing Form 926. Breck School's transfers to foreign partnerships did require filing Form 8865. Breck School has ownership interests in foreign corporations and foreign partnerships. Breck School would file Form 5471 or Form 8865 if the ownership met the requirements for filing. Breck Schools ownership in foreign corporations did not require filing Form 5471. Breck School's ownership in foreign partnerships did not require filing Form 8865. Breck School invests in partnerships that hold direct or indirect interests in passive foreign investment companies (PFICs). Breck School would file Form 8621s for underlying investments that generate unrelated business income. Breck School would not file Form 8621s where the investment partnerships have properly filed Form 8621s, or where the underlying investments did not generate any unrelated business income. Breck School did not require filing Form 8621. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Blue & Gold Bash | Event1Nm |
| Gross Receipts Event1 | $250,829 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $62,288 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $188,541 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $16,390 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $1,764 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $23,552 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $250,829 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $62,288 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $188,541 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $16,390 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,764 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $23,552 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $41,706 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $146,835 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial Aid | GrantTypeTxt |
| Recipient | 324 | RecipientCnt |
| Cash Grant | $7,721,485 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Individuals receiving disbursements under Breck School's financial aid program qualify based on need and merit. Disbursement decisions are made by the financial aid committee in accordance with school philosophy/policy which is not to discriminate on the basis of sex, race, national and/or ethnic origin. Financial aid is applied directly to individuals' accounts. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natalia R Hernandez | ||||||||||||||
| Head of School | $438,948 | $0 | $0 | $0 | $64,963 | $0 | $22,800 | $0 | $21,454 | $0 | $548,165 | $0 | $0 | $0 |
| Ted Forbath | ||||||||||||||
| Chief Operating Officer | $191,100 | $0 | $16,000 | $0 | $695 | $0 | $17,331 | $0 | $21,347 | $0 | $246,473 | $0 | $0 | $0 |
| Wendy Engelman | ||||||||||||||
| Controller | $180,705 | $0 | $10,800 | $0 | $646 | $0 | $15,772 | $0 | $15,423 | $0 | $223,346 | $0 | $0 | $0 |
| Heather M Shiell | ||||||||||||||
| Advancement Director | $170,932 | $0 | $11,000 | $0 | $616 | $0 | $15,107 | $0 | $13,681 | $0 | $211,336 | $0 | $0 | $0 |
| Margaret Bailey | ||||||||||||||
| Director of Lower School | $169,034 | $0 | $16,000 | $0 | $591 | $0 | $14,914 | $0 | $8,514 | $0 | $209,053 | $0 | $0 | $0 |
| Schuyler Fauver | ||||||||||||||
| Director of Middle School | $139,857 | $0 | $13,500 | $0 | $30,494 | $0 | $12,479 | $0 | $8,514 | $0 | $204,844 | $0 | $0 | $0 |
| Mark Garrison | ||||||||||||||
| Chief Information Officer | $139,182 | $0 | $16,000 | $0 | $517 | $0 | $13,216 | $0 | $21,348 | $0 | $190,263 | $0 | $0 | $0 |
| Scott Wade | ||||||||||||||
| Director of Admissions | $136,665 | $0 | $14,000 | $0 | $20,476 | $0 | $12,115 | $0 | $706 | $0 | $183,962 | $0 | $0 | $0 |
| Stacy Glaus | ||||||||||||||
| Chief Strategy and Comm. Officer | $126,511 | $0 | $16,000 | $0 | $397 | $0 | $11,995 | $0 | $13,681 | $0 | $168,584 | $0 | $0 | $0 |
| Brett Bergene | ||||||||||||||
| Athletic Director | $124,429 | $0 | $12,000 | $0 | $432 | $0 | $10,928 | $0 | $11,819 | $0 | $159,608 | $0 | $0 | $0 |
| Paul Blesi | ||||||||||||||
| Superintendent of Building | $124,677 | $0 | $10,800 | $0 | $444 | $0 | $11,116 | $0 | $11,882 | $0 | $158,919 | $0 | $0 | $0 |
| Mary A Healy | ||||||||||||||
| Director of Human Resource | $120,324 | $0 | $14,000 | $0 | $424 | $0 | $10,905 | $0 | $8,061 | $0 | $153,714 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The health/social club dues were provided to the Head of School. These were treated as taxable income. |
| Part I, Line 7 | Bonuses and other forms of variable compensation are paid to individuals based on job performance of assigned duties. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| City of St Louis Park Minnesota | |||||||
| A | 416005519 | 2012-10-24 | $6,500,000 | Construction and Architecture | 0 | 0 | 0 |
| City of Minnetonka Minnesota | |||||||
| B | 416005379 | 2012-11-08 | $6,500,000 | Construction and Architecture | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $4,635,000 | $6,500,000 | $6,500,000 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| B | $6,500,000 | $6,500,000 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Natalia R Hernandez | PersonNm |
| Relationship With Org | Head of School | RelationshipWithOrgTxt |
| Loan Purpose | Relocation loan to be forgiven based on terms of agreement | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $100,000 | OriginalPrincipalAmt |
| Balance Due | $20,000 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $20,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $138,101 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Average Price | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Miscellaneous Fundraising Donations | 35 | $57,692 | FMV |
| Yes (X) | Drums | 1 | $500 | 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 | The organization reports the number of contributions in column (b). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee shall consist of not more than thirteen members and shall include the Chair of the Board, the President, the President-Elect, the Secretary, the Treasurer, the immediate past President, and not more than seven (7) other Elective Trustees. Persons shall be nominated by the Governance Committee. The Elective Trustee members of the Executive Committee shall be elected by the Board at the annual meeting. The President shall be the chair of the Executive Committee. The past President of the Board from the immediate preceding term shall be an ex-officio member of the Executive Committee for two (2) years following the past President's term in office. All Executive Committee members are on the governing body. The Executive Committee, when the Board is not in session, shall have and may exercise the powers of the Board in the management of the business and affairs of the School, provided, however, that the Executive Committee shall not be authorized to (i) amend the School's Bylaws or Articles of Incorporation, (ii) elect voting or non-voting Trustees to the Board; or (iii) elect a Head of School. |
| Form 990, Part VI, Section B, line 11b | The tax filings are reviewed by the COO and Controller and then provided to the Audit and Risk Management Committee for review and approval. A copy of the Form 990 will also be provided to the full board prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | Breck School requires all trustees, administrators and management personnel to annually complete a conflict of interest/related party questionnaire. All possible conflict disclosures are forwarded to either the Head of School or the Board of Trustees President. The conflict is reviewed by either an administrative team or the Board of Trustees to determine whether a conflict exists, and in the case of an existing conflict, whether the transaction may be authorized as just, fair and reasonable to Breck School. The person with the conflict of interest is excluded from the discussion and approval of such transaction. |
| Form 990, Part VI, Section B, line 15 | A subcommittee of the Board of Trustees evaluates the performance of the Head of School, reviews comparative compensation data of national peer groups and/or consults with an executive search firm to gain an understanding of compensation trends. The subcommittee prepares a compensation recommendation that is reviewed and approved by the full Board of Trustees. The process for determining the compensation of key employees includes an evaluation process, a review of comparative data from similar independent schools and is subject to the overall budgeted salary increase approved by the Board of Trustees. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and financial statements are made available to the public on a case by base basis. |