MASTERS SCHOOL: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MASTERS SCHOOL (EIN 13-1740472)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-10
- IRS object ID
- 202241309349302189
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-10T11:17:20-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873707167 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MARKS PANETH LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 131740472 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASTERS SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MAST | BusinessNameControlTxt |
| Phone | 9144796400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 49 CLINTON AVENUE | AddressLine1Txt |
| City | DOBBS FERRY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10522 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA DANFORTH | PersonNm |
| Person Title | HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 9144796400 | PhoneNum |
| Signature | 2022-04-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LAURA | PersonFirstNm |
| Person Last | DANFORTH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGDALENA M CZERNIAWSKI | PreparerPersonNm |
| PTIN | P00535099 | PTIN |
| Phone | 2125038800 | PhoneNum |
| Preparation | 2022-04-29 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURA DANFORTH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 49 CLINTON AVENUE | AddressLine1Txt |
| City | DOBBS FERRY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10522 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $66,845,771 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MASTERSNY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1877 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MASTERS SCHOOL CELEBRATES ACTIVE PARTICIPATION, DEEP UNDERSTANDING, AND MEANINGFUL CONNECTION. A COMMUNITY OF DIVERSE INDIVIDUALS, WE GATHER TO LEARN, TO STRIVE, TO DARE, TO DO - TO BE A POWER FOR GOOD IN THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 335 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,162,255 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,626,166 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,584,841 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,383,512 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,844,320 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,663,318 | CYInvestmentIncomeAmt |
| PY Other Revenue | $109,124 | PYOtherRevenueAmt |
| CY Other Revenue | $89,927 | CYOtherRevenueAmt |
| PY Total Revenue | $60,700,540 | PYTotalRevenueAmt |
| CY Total Revenue | $50,762,923 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,510,307 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,439,536 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,946,911 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,226,333 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,579,969 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,336,610 | PYOtherExpensesAmt |
| CY Other Expenses | $12,992,369 | CYOtherExpensesAmt |
| PY Total Expenses | $41,793,828 | PYTotalExpensesAmt |
| CY Total Expenses | $40,658,238 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $18,906,712 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,104,685 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $171,952,059 | TotalAssetsBOYAmt |
| Total Assets EOY | $186,890,779 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,951,406 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,598,962 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $135,000,653 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $149,291,817 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MASTERS SCHOOL CELEBRATES ACTIVE PARTICIPATION, DEEP UNDERSTANDING, AND MEANINGFUL CONNECTION. A COMMUNITY OF DIVERSE INDIVIDUALS, WE GATHER TO LEARN, TO STRIVE, TO DARE, TO DO - TO BE A POWER FOR GOOD IN THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $33,630,800 | ExpenseAmt |
| Grant | $7,439,536 | GrantAmt |
| Revenue | $36,455,874 | RevenueAmt |
| Desc | THE MASTERS SCHOOL IS AN INDEPENDENT DAY AND BOARDING SCHOOL, FOR STUDENTS IN GRADES 5 THROUGH 12, THAT EMPOWERS INDEPENDENT THINKERS THROUGH AN EXPANSIVE AND INNOVATIVE CURRICULUM BASED ON ACTIVE INTELLECTUAL EXPLORATION. LOCATED ON 96 PICTURESQUE ACRES ON THE HUDSON RIVER AND JUST 12 MILES FROM THE VAST RESOURCES OF NEW YORK CITY, THE SCHOOL IS A DIVERSE AND VIBRANT CONVERGENCE OF IDEAS, CULTURES, ARTS AND ATHLETICS.IN A KIND AND INCLUSIVE CULTURE, WHERE DIVERSITY OF THOUGHT IS CELEBRATED, STUDENTS CAN CONFIDENTLY FIND THEIR OWN VOICES IN DISCUSSION-BASED CLASSES, WHILE GAINING A DEEPER, BROADER UNDERSTANDING OF THE SUBJECT MATTER AND EACH OTHER. MUCH LIKE THE CURRICULUM AT A LIBERAL ARTS COLLEGE, MASTERS' CURRICULUM IMPARTS A BROAD KNOWLEDGE TO STUDENTS AND DEVELOPS THEIR INTELLECTUAL CAPACITIES IN A TRANSFORMATIONAL WAY. MASTERS IS DISTINGUISHED BY ITS NOVEL APPROACH OF USING THE HARKNESS METHOD OF TEACHING AROUND A SINGULAR, OVAL TABLE FOR ALL MAIN SUBJECT AREAS. HARKNESS CHALLENGES STUDENTS TO ACHIEVE A HIGHER LEVEL OF ENGAGEMENT, TO EXTRACT AND CONSTRUCT THEIR OWN MEANING FROM THE CONTENT, AND THEN TO SHARE IT COURAGEOUSLY AND ARTICULATELY WITH THEIR PEERS AND TEACHERS WHILE GAINING RESPECT FOR THE VOICES OF OTHERS.AT MASTERS, STUDENTS TAKE FULL ADVANTAGE OF DEVELOPING THEIR MANY TALENTS AND INTERESTS-WHETHER ACADEMICS, ATHLETICS, PERFORMING ARTS, VISUAL ARTS, OR SERVICE PROJECTS. AT MASTERS, THERE IS AN APPRECIATION FOR THE VALUE OF A WELL-BALANCED EDUCATION AND THE DOORS IT OPENS-INCLUDING ADMISSION TO TOP-RANKED COLLEGES AND UNIVERSITIES.ARTS AT MASTERSTHE ARTS PLAY A VITAL ROLE AT THE MASTERS SCHOOL. FULLY INTEGRATED INTO THE CURRICULUM AND THE LIFE OF THE SCHOOL, THEY ALSO FEATURE PROMINENTLY IN CO-CURRICULAR OFFERINGS AND STUDENT PERFORMANCE GROUPS. OPPORTUNITIES TO STUDY THE ARTS-BOTH DURING THE DAY AND AFTER SCHOOL-ABOUND. DANCE AND DRAMA, PAINTING AND PHOTOGRAPHY, MUSIC IN ITS COUNTLESS FORMS-WE OFFER IT ALL AND ENCOURAGE OUR STUDENTS TO EXPLORE.PERFORMING ARTSTHE DEPARTMENT OF PERFORMING ARTS AT THE MASTERS SCHOOL ENCOMPASSES DANCE, MUSIC AND THEATER STUDIES AND EXPERIENCES. ACROSS A VARIETY OF PERFORMANCE MEDIUMS AND IN A WIDE RANGE OF PERFORMANCE SETTINGS, FROM ENSEMBLE PIECES TO TECHNICAL ARTISTS, STUDENTS HAVE AMPLE OPPORTUNITIES TO TRY THEIR HAND AT PERFORMANCE ART. FURTHER, THE DEPARTMENT OFFERS OPPORTUNITIES FOR DEEP UNDERSTANDING OF THE VARIOUS AREAS THROUGH COURSES THAT OFFER PERSPECTIVES IN PRODUCTION, THEORY AND HISTORY.VISUAL ARTSTHE GOAL OF THE MASTERS VISUAL ARTS PROGRAM IS TO HAVE STUDENTS DEVELOP THE CREATIVITY, IMAGINATION, AND TECHNICAL SKILL TO PRACTICE ART AS A VITAL MEANS OF SELF-EXPRESSION. THE FACULTY ARE PROFESSIONAL ARTISTS, AND OUR STUDENTS TAKE FULL ADVANTAGE OF NEW YORK CITY CULTURAL RESOURCES TO COMPLEMENT THEIR CLASSROOM WORK.ATHLETICS AT MASTERSMASTERS BELIEVES ATHLETICS PLAYS A CRUCIAL ROLE IN DEVELOPING STUDENTS' CHARACTER AND ENCOURAGING HEALTHY AND ENTHUSIASTIC COMPETITION. THROUGH ATHLETICS OUR STUDENT-ATHLETES LEARN HOW TO BE RESPONSIBLE FOR NOT ONLY THEMSELVES BUT FOR THEIR TEAMMATES, COACHES, FAMILY AND COMMUNITY - PREPARING THEM FOR THE MANY CHALLENGES IN LIFE.MASTERS COACHES CONSISTENTLY CHALLENGE ATHLETES WHILE HONORING PARTICIPATION, ACHIEVEMENT AND EFFORT THROUGH OUR PROGRAMS. OUR SUCCESS IS NOT MEASURED IN VICTORIES ALONE, BUT ALSO IN THE INDIVIDUAL DEVELOPMENT OF EACH STUDENT-ATHLETE.OUR ATHLETES STRIVE TO BE THE BEST PERSON THEY CAN BE WHETHER IT'S IN THE CLASSROOM, ON THE PLAYING FIELD OR IN THE COMMUNITY. WE BELIEVE THAT THE SKILLS OUR STUDENT-ATHLETES DEVELOP DURING THEIR TIME AT MASTERS WILL HELP MOLD THEM INTO PRODUCTIVE MEMBERS OF SOCIETY.ABOUT THE ATHLETIC PROGRAM60 COMPETITIVE TEAMSFALL: CROSS COUNTRY, FIELD HOCKEY, SOCCER, GIRLS' TENNIS AND GIRLS' VOLLEYBALLWINTER: BASKETBALL, FENCING, INDOOR TRACK AND FIELD, SQUASH AND SWIMMINGSPRING: BASEBALL, GOLF, LACROSSE, SOFTBALL, BOYS' TENNIS, BOYS' VOLLEYBALL, TRACK AND FIELDLEAGUES, CONFERENCES AND ASSOCIATIONSFAA - FAIRCHESTER ATHLETIC ASSOCIATIONISFL - INDEPENDENT SCHOOLS FENCING LEAGUENYSAIS - NEW YORK STATE ASSOC. OF INDEPENDENT SCHOOLSNEPSAC - NEW ENGLAND PREP SCHOOL ATHLETIC COUNCILPSAA - PRIVATE SCHOOL ATHLETIC ASSOCIATIONNYCAL - NEW YORK CITY ATHLETIC LEAGUEDISTINCTIVE PROGRAMSETHICAL LEADERSHIPAT MASTERS, WE UNDERSTAND THAT TOMORROW'S LEADERS WILL NEED NOT ONLY THE BASIC SKILLS OF LEADERSHIP, BUT ALSO A DEEP UNDERSTANDING OF WHO THEY ARE AND WHAT THEY VALUE. A KEY COMPONENT OF LEADERSHIP IS LEARNING STRATEGIES FOR HOLDING TRUE TO THOSE VALUES WHEN ENCOUNTERING CHALLENGES. THE ETHICAL LEADERSHIP PROJECT WAS DESIGNED WITH THESE ASPECTS IN MIND. OUR GOAL FOR THE PROGRAM IS THAT ALL MEMBERS OF THE COMMUNITY CAN ENGAGE IN A COMMON EXPLORATION TO BECOME A POWER FOR GOOD IN OUR COMMUNITIES AND OUR WORLD.THE ETHICAL LEADERSHIP PROJECT AT THE MASTERS SCHOOL CULTIVATES AN ENVIRONMENT IN WHICH STUDENTS, FACULTY AND STAFF ENGAGE IN ACTIVITIES THAT DEVELOP A DEEPER UNDERSTANDING OF THEMSELVES AND THE IMPACTS THEY HAVE ON THEIR COMMUNITIES. TEACHING INTEGRAL COMPONENTS OF LEADERSHIP AND MENTORING STUDENTS IN MEANINGFUL LEADERSHIP EXPERIENCES, THE PROJECT EMPOWERS STUDENTS TO CHOOSE POSITIVE ACTION AND PURSUE LIVES OF SIGNIFICANCE.INNOVATION AND ENTREPRENEURSHIPINNOVATION, ENGINEERING AND COMPUTER SCIENCE PROGRAMSMASTERS' INNOVATION, ENGINEERING AND COMPUTER SCIENCE PROGRAMS AIM TO CULTIVATE INGENUITY BY CHALLENGING STUDENTS TO THINK CREATIVELY, STRATEGIZE AND PROBLEM-SOLVE. OUR GOAL IS TO ENCOURAGE STUDENTS TO THINK, DO AND MAKE, AND TO FOSTER A CROSS-DISCIPLINARY, ENTREPRENEURIAL THOUGHT PROCESS, WHILE DEVELOPING SKILLS, IDEAS AND CHARACTER TRAITS.THROUGH A PROJECT-BASED MODEL, OUR STUDENTS BUILD CONFIDENCE, ACCUMULATE HANDS-ON EXPERIENCE, TAKE RISKS, NURTURE UNCONVENTIONAL TALENTS AND TACKLE REAL-LIFE CHALLENGES.DESIGN THINKING AND SOCIAL ENTREPRENEURSHIPIN DESIGN THINKING AND SOCIAL ENTREPRENEURSHIP, STUDENTS LEARN THE PRINCIPLES OF "DESIGN THINKING" WITH A FOCUS ON ENTREPRENEURSHIP AS A "POWER FOR GOOD IN THE WORLD." DESIGN THINKING IS A HUMAN-CENTERED APPROACH TO CREATIVITY AND INNOVATION THAT INTEGRATES THE NEEDS OF SOCIETY WITH THE REQUIREMENTS FOR BUSINESS SUCCESS. THROUGH DYNAMIC HARKNESS DISCUSSIONS, STUDENTS COME TO UNDERSTAND THE MINDSET OF ENTREPRENEURS AND HOW BUSINESS CAN DRIVE SOCIAL CHANGE. ADDITIONALLY, STUDENTS EXPLORE THE FUNDAMENTAL PRINCIPLES OF FINDING INSPIRATION, PRODUCT/SERVICE CREATION AND PROTOTYPING, IMPLEMENTATION IN THE REAL WORLD AND SMALL-BUSINESS OPERATIONAL SKILLS. ENGINEERING PROGRAMTHROUGHOUT A FOUR-YEAR CURRICULUM, MASTERS STUDENTS CAN EARN COLLEGE CREDITS WHILE THEY LEARN ABOUT THE ENGINEERING DESIGN PROCESS AND THE COMMON APPROACH TO SOLVING ENGINEERING PROBLEMS.THROUGH INDIVIDUAL AND COLLABORATIVE HANDS-ON ACTIVITIES AND A PROJECT-BASED LEARNING PEDAGOGY, STUDENTS SOLVE OPEN-ENDED PROBLEMS THAT REQUIRE PLANNING, DOCUMENTATION, COMMUNICATION AND OTHER ADVANCED PROFESSIONAL SKILLS.GLOBAL AND CIVIC EXCHANGE PROGRAMMASTERS GLOBAL AND CIVIC EXCHANGE PROGRAM INSPIRES STUDENTS TO ENGAGE WITH AND UNDERSTAND THE CRITICAL ISSUES FACING TODAY'S WORLD AS WELL AS PREPARE THEM FOR THE WIDER, MORE COMPLICATED WORLD AHEAD. THROUGH A VARIETY OF INTERNATIONAL EDUCATIONAL OPPORTUNITIES, STUDENTS' CURRENT VIEWS OF THE WORLD ARE CHALLENGED AND EXPANDED UPON. THESE EXPERIENCES LEAVE A LASTING IMPRESSION THAT CHANGE HOW STUDENTS SEE THE WORLD. COMPANIES TODAY SEEK OUT EMPLOYEES WHO CAN THINK GLOBALLY, THOSE WHO HAVE BEEN EXPOSED TO AND ENGAGED WITH THE WORLD BEYOND THE UNITED STATES AND CAN COMFORTABLY NAVIGATE ALL TYPES OF DIVERSITY WITH EMPATHY AND A STRONG ABILITY TO FORGE CONNECTIONS. MASTERS UPPER SCHOOL STUDENTS HAVE PARTICIPATED IN TRANSFORMATIVE EXPERIENCES LIKE A TWO-WEEK-LONG HOMESTAY AT A TIBETAN BUDDHIST MONASTERY IN LIJIANG, CHINA, AND A PROGRESSIVE BOARDING SCHOOL IN TOKYO, JAPAN. THEY'VE JOINED STUDENTS FROM ONE OF OUR PARTNER SCHOOLS IN THE DOMINICAN REPUBLIC TO HELP MAKE REPAIRS TO THEIR NURSERY SCHOOLS AND HAVE EXPLORED HISTORICAL AND SOCIAL ISSUES IN SANTO DOMINGO, MET RISING BASEBALL STARS, SPOKE WITH POLITICAL LEADERS AND MORE-ALL IN THE COMPANY OF THEIR HOST FAMILIES. STUDENTS HAVE ALSO TRAVELED ABROAD FOR SPRING BREAK TO DESTINATIONS SUCH AS CUBA AND MONTREAL. ON CAMPUS, STUDENTS HAVE HAD THE OPPORTUNITY TO INTERACT WITH EXCHANGE STUDENTS FROM DAKAR, SENEGAL, AMONG OTHER PLACES. IN BECOMING GLOBAL CITIZENS BOTH ABROAD AND ON CAMPUS, STUDENTS HONE THEIR INTERPERSONAL SKILLS AND CULTURAL KNOWLEDGE.MASTERS GLOBAL MINDSET ALSO BENEFITS FROM A VERY DIVERSE STUDENT POPULATION. WITH 200 BOARDING STUDENTS, 80 OF WHOM ARE INTERNATIONAL STUDENTS FROM MORE THAN 30 COUNTRIES, THE SCHOOL IS A GLOBAL COMMUNITY THAT IS ABUZZ WITH ACTIVITY SEVEN DAYS A WEEK. | Desc |
| Total Program Service Expenses | $33,630,800 | 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 | Yes (1) | 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 | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 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 | 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 | 82 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 335 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDWARD BIDDLE CFO | PersonNm |
| Phone | 9144796400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 49 CLINTON AVENUE | AddressLine1Txt |
| City | DOBBS FERRY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10522 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ALLISON MOORE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BETH NOLAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA MASTER JONES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANA W OLIVER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID HEIDELBERGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANA DAVIS SPENCER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDGAR M MASTERS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDITH C CHAPIN | |||||||
| BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| FRED BRETTSCHNEIDER | |||||||
| TRUSTEE (OUTGOING) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HANNAH MILLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HILLARY A PECKHAM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JANET PIETSCH | |||||||
| TRUSTEE (OUTGOING) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN CLAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHERINE A HENRY | |||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KERYN NORTON MATHAS | |||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| LISA BEZOS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARITA SAWHNEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIE FABIAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN BJARINGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL D'ANGELO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL GREENE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MIRNA A VALERIO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PHILLIP KASSEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD LI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN SAFYER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN FOLLETT MORRIS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUZANNE PAXTON | |||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SYDNEY S MACY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TRACY TANG LIMPE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VICTOR LUIS | |||||||
| TRUSTEE (OUTGOING) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD BIDDLE | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $223,470 | $0 | $63,443 | Yes (X) | ||
| LAURA DANFORTH | |||||||
| HEAD OF SCHOOL | 40.00 | $463,236 | $0 | $162,167 | Yes (X) | ||
| DANIEL PEREIRA | |||||||
| DIRECTOR OF OPERATIONS | 40.00 | $153,974 | $0 | $22,892 | Yes (X) | ||
| EMMA KATZNELSON | |||||||
| DIRECTOR OF ENROLLMENT MANAGEMENT | 40.00 | $162,853 | $0 | $13,190 | Yes (X) | ||
| SAMUEL SAVAGE | |||||||
| ASSOCIATE HEAD FOR FACULTY AND ACADEMICS | 40.00 | $132,497 | $0 | $40,890 | Yes (X) | ||
| SETH MARX | |||||||
| DIRECTOR OF INSTITUTIONAL ADVANCEMENT | 40.00 | $243,450 | $0 | $25,550 | Yes (X) | ||
| TASHA ELSBACH | |||||||
| HEAD OF MIDDLE SCHOOL | 40.00 | $166,101 | $0 | $28,873 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,545,581 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $357,005 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | 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 |
|---|---|---|---|---|---|
| MARVEL ARCHITECTS PLLC | |||||
| 145 HUDSON ST FLOOR 3 | NEW YORK | NY | 10013 | ARCHITECT SERVICES | $734,226 |
| COMMUNITY COUNSELLING SERVICE CO LLC | |||||
| PO BOX 824885 | PHILADELPHIA | PA | 19182 | CONSULTING | $391,622 |
| VENABLE LLP | |||||
| PO BOX 62727 | BALTIMORE | MD | 21264 | LEGAL SERVICES | $141,876 |
| SAFE CAMPUS LLC | |||||
| 162 COVINGTON CIRCLE | STATEN ISLAND | NY | 10312 | SAFETY ADVISORS | $123,334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $141,100 | FederatedCampaignsAmt |
| All Other Contributions | $4,485,066 | AllOtherContributionsAmt |
| Noncash Contributions | $268,125 | NoncashContributionsAmt |
| Total Contributions | $4,626,166 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611110 | $35,025,376 | $35,025,376 |
| NYS SERVICES | 900099 | $681,633 | $681,633 |
| AUXILIARY ACTIVITY | 900099 | $338,833 | $338,833 |
| DEPOSIT FORFEITS | 900099 | $229,553 | $229,553 |
| APPLICATION FEE | 900099 | $108,117 | $108,117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,383,512 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,281,185 | TotalRevenueColumnAmt |
| Exclusion | $1,281,185 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,565 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,565 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,565 | TotalRevenueColumnAmt |
| Exclusion | $17,565 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,464,981 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,082,848 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,382,133 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,382,133 | TotalRevenueColumnAmt |
| Exclusion | $8,382,133 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $72,362 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $72,362 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $72,362 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,762,923 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,455,874 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,680,883 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,439,536 | TotalAmt |
| Program Services | $7,439,536 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $885,841 | TotalAmt |
| Program Services | $91,970 | ProgramServicesAmt |
| Management And General | $640,587 | ManagementAndGeneralAmt |
| Fundraising | $153,284 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,286,300 | TotalAmt |
| Program Services | $12,838,941 | ProgramServicesAmt |
| Management And General | $2,593,649 | ManagementAndGeneralAmt |
| Fundraising | $853,710 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,240 | TotalAmt |
| Program Services | $1,656 | ProgramServicesAmt |
| Management And General | $431 | ManagementAndGeneralAmt |
| Fundraising | $153 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,684,633 | TotalAmt |
| Program Services | $1,328,218 | ProgramServicesAmt |
| Management And General | $260,070 | ManagementAndGeneralAmt |
| Fundraising | $96,345 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,367,319 | TotalAmt |
| Program Services | $1,011,014 | ProgramServicesAmt |
| Management And General | $262,637 | ManagementAndGeneralAmt |
| Fundraising | $93,668 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,253 | TotalAmt |
| Management And General | $59,253 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $972,650 | TotalAmt |
| Program Services | $49,413 | ProgramServicesAmt |
| Management And General | $923,237 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,034 | TotalAmt |
| Management And General | $90,034 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $317,692 | TotalAmt |
| Program Services | $30,758 | ProgramServicesAmt |
| Management And General | $274,038 | ManagementAndGeneralAmt |
| Fundraising | $12,896 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,218,715 | TotalAmt |
| Program Services | $1,183,851 | ProgramServicesAmt |
| Management And General | $23,719 | ManagementAndGeneralAmt |
| Fundraising | $11,145 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,588 | TotalAmt |
| Program Services | $213,198 | ProgramServicesAmt |
| Management And General | $9,998 | ManagementAndGeneralAmt |
| Fundraising | $4,392 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,683 | TotalAmt |
| Program Services | $4,202 | ProgramServicesAmt |
| Management And General | $7,481 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $826,679 | TotalAmt |
| Program Services | $826,679 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,905,937 | TotalAmt |
| Program Services | $2,822,807 | ProgramServicesAmt |
| Management And General | $56,555 | ManagementAndGeneralAmt |
| Fundraising | $26,575 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $583,326 | TotalAmt |
| Program Services | $566,596 | ProgramServicesAmt |
| Management And General | $11,382 | ManagementAndGeneralAmt |
| Fundraising | $5,348 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $2,769,465 | $2,726,307 | $29,361 | $13,797 |
| FOOD | $1,429,032 | $1,429,032 | ||
| MISC | $568,146 | $304,824 | $171,975 | $91,347 |
| ALUMNI AND DEVELOPMENT | $426,303 | $185,932 | $23,062 | $217,309 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $585,866 | TotalAmt |
| Program Services | $575,866 | ProgramServicesAmt |
| Management And General | $10,000 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,658,238 | TotalAmt |
| Program Services | $33,630,800 | ProgramServicesAmt |
| Management And General | $5,447,469 | ManagementAndGeneralAmt |
| Fundraising | $1,579,969 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,244,723 | BOYAmt |
| EOY | $14,883,304 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,169,486 | BOYAmt |
| EOY | $19,416,415 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,539,185 | BOYAmt |
| EOY | $1,349,833 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,213 | BOYAmt |
| EOY | $262,430 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,402 | BOYAmt |
| EOY | $74,940 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,618 | BOYAmt |
| EOY | $104,786 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $112,760,616 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $41,419,206 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,386,511 | BOYAmt |
| EOY | $71,341,410 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,554,724 | BOYAmt |
| EOY | $79,106,648 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $462,197 | BOYAmt |
| EOY | $351,013 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,952,059 | BOYAmt |
| EOY | $186,890,779 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,200,648 | BOYAmt |
| EOY | $3,354,521 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,241,664 | BOYAmt |
| EOY | $7,569,137 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,509,094 | BOYAmt |
| EOY | $26,675,304 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,951,406 | BOYAmt |
| EOY | $37,598,962 | 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 | $61,997,963 | BOYAmt |
| EOY | $71,807,969 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,002,690 | BOYAmt |
| EOY | $77,483,848 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,000,653 | BOYAmt |
| EOY | $149,291,817 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,952,059 | BOYAmt |
| EOY | $186,890,779 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $10,104,685 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,186,479 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| 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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $20,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,660,739 | BeginningYearBalanceAmt |
| Contributions | $1,216,842 | ContributionsAmt |
| Investment Earnings Or Losses | $13,783,874 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,195,232 | OtherExpendituresAmt |
| End Year Balance | $79,466,223 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,773,466 | BeginningYearBalanceAmt |
| Contributions | $5,650,012 | ContributionsAmt |
| Investment Earnings Or Losses | $3,218,566 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,981,305 | OtherExpendituresAmt |
| End Year Balance | $66,660,739 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $56,809,690 | BeginningYearBalanceAmt |
| Contributions | $1,488,134 | ContributionsAmt |
| Investment Earnings Or Losses | $3,241,871 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,766,229 | OtherExpendituresAmt |
| End Year Balance | $59,773,466 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,278,535 | BeginningYearBalanceAmt |
| Contributions | $2,861,106 | ContributionsAmt |
| Investment Earnings Or Losses | $4,166,257 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,496,208 | OtherExpendituresAmt |
| End Year Balance | $56,809,690 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,899,225 | BeginningYearBalanceAmt |
| Contributions | $7,255,117 | ContributionsAmt |
| Investment Earnings Or Losses | $5,265,674 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,141,181 | OtherExpendituresAmt |
| End Year Balance | $51,278,535 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.21458 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.55095 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.23447 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,354,306 | OtherCostOrOtherBasisAmt |
| Book Value | $3,354,306 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $97,095,113 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,987,154 | DepreciationAmt |
| Book Value | $65,107,959 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,552,308 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,759,771 | DepreciationAmt |
| Book Value | $2,792,537 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $758,889 | OtherCostOrOtherBasisAmt |
| Depreciation | $672,281 | DepreciationAmt |
| Book Value | $86,608 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $71,341,410 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $47,450,613 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,186,479 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$7,439,536 | OtherRevenueAmt |
| Revenue Not Reported | -$3,253,057 | RevenueNotReportedAmt |
| Revenue Subtotal | $50,703,670 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $59,253 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $59,253 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $50,762,923 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $33,159,449 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,159,449 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $59,253 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,439,536 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,498,789 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,658,238 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS ARE RESTRICTED TO INVESTMENT IN PERPETUITY WITH INVESTMENT RETURN PRINCIPALLY AVAILABLE FOR GENERAL OPERATIONS. THE SCHOOL'S ENDOWMENT CONSISTS OF A NUMBER OF INDIVIDUAL FUNDS, ESTABLISHED FOR A VARIETY OF PURPOSES AND CONSISTING OF BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. |
| PART X, LINE 2: | THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID -7,439,536. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 7,439,536. |
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 | PUBLICIZED IN THE NEW YORK TIMES |
| SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVED ASSISTANCE FROM THE STATE OF NEW YORK. |
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 | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 183 | RecipientCnt |
| Non Cash Assistance | $7,439,536 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | INTERNALLY DIRECTED FINANCIAL AID | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CALCULATION OF EACH STUDENT'S GRANT ELIGIBILITY IS DOCUMENTED AND STORED IN THE STUDENT'S ADMISSION FILE. SELECTION CRITERIA IS DETAILED IN A PROCEDURES MANUAL AND POSTED PUBLICLY ON THE SCHOOL'S WEBSITE. ALL RECIPIENTS ARE STUDENTS WHO ATTEND THE SCHOOL, AND THEIR AWARDS DEFRAY THEIR DIRECT EDUCATIONAL EXPENSES. AS SUCH, THE PROCESS OF GRANTEES IS MONITORED BY THE SCHOOL ON A DAILY BASIS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAURA DANFORTH | ||||||||||||||
| HEAD OF SCHOOL | $453,088 | $0 | $0 | $0 | $10,148 | $0 | $32,500 | $0 | $129,667 | $0 | $625,403 | $0 | $0 | $0 |
| EDWARD BIDDLE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $217,367 | $0 | $0 | $0 | $6,103 | $0 | $17,375 | $0 | $46,068 | $0 | $286,913 | $0 | $0 | $0 |
| SETH MARX | ||||||||||||||
| DIRECTOR OF INSTITUTIONAL ADVANCEMEN | $243,424 | $0 | $0 | $0 | $26 | $0 | $11,220 | $0 | $14,330 | $0 | $269,000 | $0 | $0 | $0 |
| TASHA ELSBACH | ||||||||||||||
| HEAD OF MIDDLE SCHOOL | $166,077 | $0 | $0 | $0 | $24 | $0 | $9,649 | $0 | $19,224 | $0 | $194,974 | $0 | $0 | $0 |
| DANIEL PEREIRA | ||||||||||||||
| DIRECTOR OF OPERATIONS | $153,965 | $0 | $0 | $0 | $9 | $0 | $8,991 | $0 | $13,901 | $0 | $176,866 | $0 | $0 | $0 |
| EMMA KATZNELSON | ||||||||||||||
| DIRECTOR OF ENROLLMENT MANAGEMENT | $162,843 | $0 | $0 | $0 | $10 | $0 | $8,160 | $0 | $5,030 | $0 | $176,043 | $0 | $0 | $0 |
| SAMUEL SAVAGE | ||||||||||||||
| ASSOCIATE HEAD FOR FACULTY AND ACADE | $132,488 | $0 | $0 | $0 | $9 | $0 | $7,000 | $0 | $33,890 | $0 | $173,387 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEAD OF SCHOOL IS PROVIDED HOUSING, WHICH IS REPORTED ON PART II, COLUMN D AS A NON TAXABLE BENEFIT. |
| PART II, COLUMN B(III): | THE AMOUNTS IN THIS COLUMN FOR EDWARD BIDDLE AND LAURA DANFORTH INCLUDE CONTRIBUTIONS TO 457(B) RETIREMENT PLAN. |
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 | DOBBS FERRY LOCAL DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 800668125 | BondIssuerEIN |
| Bond Issued | 2013-06-19 | BondIssuedDt |
| Issue Price | $32,000,000 | IssuePriceAmt |
| Purpose | PURCHASE AND CONSTRUCTION OF BUILDINGS | 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 | $32,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $593,854 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $17,303,913 | CapitalExpendituresAmt |
| Other Spent Proceeds | $14,102,233 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | 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 | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | 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 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 27 | ContributionCnt |
| Noncash Contributions Rpt F990 | $268,125 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT. EACH BOARD MEMBER IS PROVIDED A COPY OF FORM 990 FOR REVIEW PRIOR TO THE FILING OF THE RETURN. COMMENTS AND QUESTIONS ARE HEARD AT REGULARLY SCHEDULED BOARD MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES, THE HEAD OF SCHOOL, THE MEMBERS OF THE LEADERSHIP TEAM AND KEY EMPLOYEES OF THE MASTERS SCHOOL. A CONFLICT OF INTEREST OR POTENTIAL CONFLICT MUST BE DISCLOSED TO THE CHAIR OF THE BOARD WHO THEN REFERS THE MATTER TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE BOARD REQUIRES DISCLOSURE OF ANY POSSIBLE PERSONAL, FAMILY OR BUSINESS RELATIONSHIP THAT COULD GIVE RISE TO A CONFLICT INVOLVING THE SCHOOL. IF A CONFLICT EXISTS, THE INDIVIDUAL WILL REFRAIN FROM PARTICIPATING IN ANY CONSIDERATION OF TRANSACTIONS INVOLVING THE CONFLICT. IN ADDITION, THEY CAN NOT PARTICIPATE IN ANY DISCUSSION REGARDING THE MATTERS AND CAN NOT VOTE OR BE PRESENT DURING THE VOTE REGARDING THE MATTER. THE POLICY AND DISCLOSURE STATEMENT ARE DISTRIBUTED ANNUALLY AND MUST BE COMPLETED AND SIGNED. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION HAS IN PLACE A COMPENSATION REVIEW COMMITTEE, WHICH REPORTS TO THE BOARD OF TRUSTEES. COMPARABILITY DATA USED ARE PEER COMPARISONS, INDUSTRY GUIDELINES AND AVERAGES. THE COMPENSATION MUST BE APPROVED BY THE COMMITTEE AS WELL AS MANAGEMENT OFFICIALS. THIS PROCESS IS DONE FOR THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE ALSO REVIEWS AND APPROVES THE COMPENSATION OF THE LEADERSHIP TEAM IN COMPARISON TO AVAILABLE FAIRCHESTER BENCHMARKS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| PART XI, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |