LAKE HIGHLAND PREPARATORY SCHOOL INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LAKE HIGHLAND PREPARATORY SCHOOL INC (EIN 59-0624431)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-04-19
- IRS object ID
- 202101099349301810
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-19T16:34:39-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204193611 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Batts Morrison Wales & Lee PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 North Orange Avenue Suite 800 | AddressLine1Txt |
| City | Orlando | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590624431 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lake Highland Preparatory School Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
| Phone | 4072061900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 North Highland Avenue | AddressLine1Txt |
| City | Orlando | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32803 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James Bartlett | PersonNm |
| Person Title | CFO/VP | PersonTitleTxt |
| Phone | 4072061900 | PhoneNum |
| Signature | 2021-04-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michele M Wales | PreparerPersonNm |
| PTIN | P00428093 | PTIN |
| Phone | 4077706000 | PhoneNum |
| Preparation | 2021-04-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | James Bartlett | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 North Highland Avenue | AddressLine1Txt |
| City | Orlando | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,459,255 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.lhps.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1941 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | Instilling Christian values, inspiring patriotism, developing future leaders & preparing students | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 590 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $950,539 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,911,462 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $40,334,018 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,611,093 | CYProgramServiceRevenueAmt |
| PY Investment Income | $522,779 | PYInvestmentIncomeAmt |
| CY Investment Income | $473,294 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,448,983 | PYOtherRevenueAmt |
| CY Other Revenue | $842,182 | CYOtherRevenueAmt |
| PY Total Revenue | $43,256,319 | PYTotalRevenueAmt |
| CY Total Revenue | $43,838,031 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $26,194,098 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $26,971,673 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $739,534 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,460,325 | PYOtherExpensesAmt |
| CY Other Expenses | $16,459,459 | CYOtherExpensesAmt |
| PY Total Expenses | $42,654,423 | PYTotalExpensesAmt |
| CY Total Expenses | $43,431,132 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $601,896 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $406,899 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $80,065,169 | TotalAssetsBOYAmt |
| Total Assets EOY | $74,878,792 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $49,534,095 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,629,104 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $30,531,074 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,249,688 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Within an atmosphere of love, concern and mutual respect, Lake Highland Preparatory School, Inc. is committed to instilling Christian values, to inspiring patriotism, to developing future leaders, and to preparing students for college and lifetime learning through academically challenging programs and affirming competitive experiences. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $36,464,976 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $38,929,469 | RevenueAmt |
| Desc | Instructional and Student Activities:Approximately 1,950 students are enrolled from pre-kindergarten through 12th grade. The school-wide pupil ratio is 1 to 12. The School promotes spiritual, personal, athletic, and social development in addition to meeting the academic needs of its students with a planned program of excellence from pre-kindergarten through 12th grade. Lake Highland seeks to provide a comprehensive, enriching education that will enable students to continue their academic studies successfully at the college level. These goals are achieved through a diversified curriculum, small class size, and personalized instruction. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $959,328 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,681,624 | RevenueAmt |
| Desc | Auxiliary Activities:Auxiliary activities include the athletic department, admissions testing, and yearbook production and sales. These activities enhance Lake Highland's exempt mission of promoting the spiritual, personal, athletic and social development of students in addition to meeting their academic needs. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $37,424,304 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | 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 | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 191 | IRPDocumentCnt |
| IRP Document W2 G | 1 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 590 | 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 | 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 | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Bartlett | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4072061900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 North Highland Avenue | AddressLine1Txt |
| City | Orlando | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32803 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Dr David Jablonski | |||||||||
| Chairman/Trustee | 3.00 | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Jeffrey Deery | |||||||||
| Vice-Chairman/Trustee | 2.00 | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Greg Ramsby | |||||||||
| Treasurer/Trustee | 1.00 | 0.85 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sarah Overmeyer | |||||||||
| Secretary/Trustee | 2.00 | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Grant Hill | |||||||||
| Trustee | 1.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Matthew Knight | |||||||||
| Trustee | 1.75 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| David Lamm | |||||||||
| Trustee | 0.75 | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Derek Lewis | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Kalani Meffe | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Dr Denise Nicholson | |||||||||
| Trustee | 0.50 | 0.10 | Yes (X) | $0 | $0 | $0 | |||
| Tim Seneff | |||||||||
| Trustee | 0.25 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sarita Shah | |||||||||
| Trustee | 1.00 | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| Scott Skidelsky | |||||||||
| Trustee | 1.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| David Yergey Jr | |||||||||
| Trustee | 1.75 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Brooke Myers | |||||||||
| Trustee (began 07/2019) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Quino Martinez | |||||||||
| Trustee (began 07/2019) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Grant Heston | |||||||||
| Trustee (began 07/2019) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Alfred Harms | |||||||||
| President | 35.00 | 0.00 | Yes (X) | $411,592 | $0 | $137,471 | |||
| James W Bartlett | |||||||||
| CFO/Vice President | 35.00 | 0.00 | Yes (X) | $234,045 | $0 | $42,035 | |||
| Susan B Clayton | |||||||||
| VP of Advancement | 35.00 | 0.00 | $192,420 | $0 | $35,442 | Yes (X) | |||
| Derek Daly | |||||||||
| Director of Upper School | 35.00 | 0.00 | $134,076 | $0 | $42,661 | Yes (X) | |||
| Michael Curley | |||||||||
| Varsity Coach | 35.00 | 0.00 | $128,738 | $0 | $31,584 | Yes (X) | |||
| Michael Jakubinsin | |||||||||
| Dir. of Upper School (ended 07/2019) | 35.00 | 0.00 | $218,167 | $0 | $26,115 | Yes (X) | |||
| Deborah P DeLoach | |||||||||
| Director of Lower School | 35.00 | 0.00 | $140,820 | $0 | $28,085 | Yes (X) | |||
| Seymour A Mintzer | |||||||||
| Chief Human Resources Officer | 35.00 | 0.00 | $115,101 | $0 | $32,822 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,574,959 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $376,215 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 21 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Florida Cleaning Systems Inc | |||||
| 624 Douglas Avenue Suite 1420 | Altamonte Springs | FL | 32714 | Cleaning services | $667,664 |
| Aire Tech Mechanical Services Inc | |||||
| 5507 Force Four Parkway | Orlando | FL | 32839 | Repair and maintenance services | $468,291 |
| Ricoh USA Inc | |||||
| PO Box 532530 | Atlanta | GA | 30353 | Copier and mailing services | $382,164 |
| Paul Lynch Enterprises Inc | |||||
| 35922 Willow Way | Eustis | FL | 32736 | Construction services | $327,712 |
| Tip Top Roofing Company Inc | |||||
| PO Box 941959 | Maitland | FL | 32794 | Roof repair services | $315,925 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $157,341 | RelatedOrganizationsAmt |
| All Other Contributions | $1,754,121 | AllOtherContributionsAmt |
| Noncash Contributions | $472,566 | NoncashContributionsAmt |
| Total Contributions | $1,911,462 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition & fees | 611710 | $38,066,247 | $38,066,247 |
| Auxiliary activities | 611710 | $1,681,624 | $1,681,624 |
| Finance charges | 525990 | $426,865 | $426,865 |
| Aftercare | 611710 | $220,632 | $220,632 |
| Student Activities | 611710 | $215,725 | $215,725 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,611,093 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $473,294 | TotalRevenueColumnAmt |
| Exclusion | $473,294 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $51,005 | 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 | $51,005 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,005 | TotalRevenueColumnAmt |
| Exclusion | $51,005 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $263,431 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $57,351 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $206,080 | TotalRevenueColumnAmt |
| Exclusion | $206,080 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $9,300 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $6,250 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,050 | TotalRevenueColumnAmt |
| Exclusion | $3,050 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $852,379 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $557,623 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $294,756 | TotalRevenueColumnAmt |
| Exclusion | $294,756 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $287,291 | TotalRevenueColumnAmt |
| Exclusion | $287,291 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $287,291 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,838,031 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,611,093 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,315,476 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,023,185 | TotalAmt |
| Program Services | $151,788 | ProgramServicesAmt |
| Management And General | $597,021 | ManagementAndGeneralAmt |
| Fundraising | $274,376 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,879 | TotalAmt |
| Program Services | $176,879 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,273,229 | TotalAmt |
| Program Services | $17,195,297 | ProgramServicesAmt |
| Management And General | $1,847,027 | ManagementAndGeneralAmt |
| Fundraising | $230,905 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,705,057 | TotalAmt |
| Program Services | $1,557,795 | ProgramServicesAmt |
| Management And General | $147,262 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,262,920 | TotalAmt |
| Program Services | $2,937,724 | ProgramServicesAmt |
| Management And General | $325,196 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,530,403 | TotalAmt |
| Program Services | $1,344,671 | ProgramServicesAmt |
| Management And General | $185,732 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,919 | TotalAmt |
| Management And General | $66,919 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,258 | TotalAmt |
| Management And General | $101,258 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,104,635 | TotalAmt |
| Program Services | $479,245 | ProgramServicesAmt |
| Management And General | $625,390 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,529 | TotalAmt |
| Program Services | $30,995 | ProgramServicesAmt |
| Management And General | $4,281 | ManagementAndGeneralAmt |
| Fundraising | $234,253 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,495 | TotalAmt |
| Program Services | $90,056 | ProgramServicesAmt |
| Management And General | $12,439 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,252 | TotalAmt |
| Program Services | $849,864 | ProgramServicesAmt |
| Management And General | $117,388 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,254,285 | TotalAmt |
| Program Services | $1,102,062 | ProgramServicesAmt |
| Management And General | $152,223 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,696,851 | TotalAmt |
| Program Services | $2,369,556 | ProgramServicesAmt |
| Management And General | $327,295 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,114 | TotalAmt |
| Program Services | $212,731 | ProgramServicesAmt |
| Management And General | $29,383 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Maintenance & repairs | $4,339,116 | $3,812,513 | $526,603 |
| General operating | $2,268,858 | $2,066,981 | $201,877 |
| Student activities | $2,003,592 | $2,003,592 | |
| Athletics | $1,042,555 | $1,042,555 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,431,132 | TotalAmt |
| Program Services | $37,424,304 | ProgramServicesAmt |
| Management And General | $5,267,294 | ManagementAndGeneralAmt |
| Fundraising | $739,534 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,437,802 | BOYAmt |
| EOY | $17,434,610 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,837 | BOYAmt |
| EOY | $369,308 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,356 | BOYAmt |
| EOY | $98,635 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $421,451 | BOYAmt |
| EOY | $271,538 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,712 | BOYAmt |
| EOY | $819,091 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $83,140,479 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $40,567,674 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,250,237 | BOYAmt |
| EOY | $42,572,805 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,161,960 | BOYAmt |
| EOY | $37,421 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,112,814 | BOYAmt |
| EOY | $13,275,384 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,065,169 | BOYAmt |
| EOY | $74,878,792 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,870,645 | BOYAmt |
| EOY | $7,345,459 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,259,386 | BOYAmt |
| EOY | $7,715,822 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,170,000 | BOYAmt |
| EOY | $27,714,100 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,234,064 | BOYAmt |
| EOY | $853,723 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,534,095 | BOYAmt |
| EOY | $43,629,104 | 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 | $24,355,544 | BOYAmt |
| EOY | $23,954,631 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,175,530 | BOYAmt |
| EOY | $7,295,057 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,531,074 | BOYAmt |
| EOY | $31,249,688 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,065,169 | BOYAmt |
| EOY | $74,878,792 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $406,899 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$81,105 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $392,820 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,184,256 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $843,346 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,898,980 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $950,539 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,911,462 | CurrentTaxYearAmt |
| Total | $6,788,583 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,184,256 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $843,346 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,898,980 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $950,539 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,911,462 | CurrentTaxYearAmt |
| Total | $6,788,583 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $453,095 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,335,488 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $185,556 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $236,615 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $378,058 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $561,063 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $524,299 | CurrentTaxYearAmt |
| Total | $1,885,591 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,730,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,203,606 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,755,986 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,318,855 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,412,401 | CurrentTaxYearAmt |
| Total | $9,421,098 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,095,272 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $193,976,179 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.35010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.36520 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II: | FormAndLineReferenceDesc |
| Explanation | The Organization is completing the 509(a)(1) Test at Schedule A, Part II, to allow it to qualify for the special rule for Schedule B reporting, in accordance with the Schedule A instructions. Part II, Section B, Line 10: Other income includes miscellaneous income, sales of inventory, income from fundraising events, and income from gaming activities. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,958,764 | BeginningYearBalanceAmt |
| Contributions | $70,833 | ContributionsAmt |
| Investment Earnings Or Losses | $332,691 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $157,341 | GrantsOrScholarshipsAmt |
| End Year Balance | $9,204,948 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,174,520 | BeginningYearBalanceAmt |
| Contributions | $413,401 | ContributionsAmt |
| Investment Earnings Or Losses | $508,142 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $137,299 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,958,764 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,934,964 | BeginningYearBalanceAmt |
| Contributions | $77,661 | ContributionsAmt |
| Investment Earnings Or Losses | $292,671 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $130,777 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,174,520 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,800,922 | BeginningYearBalanceAmt |
| Contributions | $828,752 | ContributionsAmt |
| Investment Earnings Or Losses | $375,594 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $70,304 | GrantsOrScholarshipsAmt |
| End Year Balance | $7,934,964 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,680,041 | BeginningYearBalanceAmt |
| Contributions | $844,664 | ContributionsAmt |
| Investment Earnings Or Losses | $308,983 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $32,766 | GrantsOrScholarshipsAmt |
| End Year Balance | $6,800,922 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.55600 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.38370 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.06030 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,311,207 | OtherCostOrOtherBasisAmt |
| Book Value | $4,311,207 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,721,333 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,096,946 | DepreciationAmt |
| Book Value | $27,624,387 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,906,542 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,164,053 | DepreciationAmt |
| Book Value | $2,742,489 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,201,397 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,306,675 | DepreciationAmt |
| Book Value | $7,894,722 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $42,572,805 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Assets held by Lake Highland Preparatory School Foundation, Inc. | $6,643,936 |
| Unamortized bond issuance costs | $244,865 |
| Due from OS Complex, Inc. | $2,299,706 |
| Beneficial interest in Foundation | $4,086,877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $13,275,384 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Interest rate swap liability | Desc |
| Amt | $853,723 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $853,723 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part V, Line 4: | FormAndLineReferenceDesc |
| Explanation | The Organization's endowment funds are held by a related entity, Lake Highland Preparatory School Foundation, Inc. The endowment funds are intended to be used to support the Organization's Christian ministries, teachers, Edison program (special education) and debate program. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule E, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | It is posted on Lake Highland Preparatory School's website at: www.lhps.org. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Boosterthon | Event1Nm |
| Gross Receipts Event1 | $146,903 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $146,903 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $35,611 | OtherDirectExpensesEvent1Amt |
| Event2 | Fashion Day | Event2Nm |
| Gross Receipts Event2 | $91,372 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $91,372 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $11,894 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $9,846 | FoodAndBeverageEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $25,156 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $25,156 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $263,431 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $263,431 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $11,894 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $9,846 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $35,611 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $57,351 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $206,080 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| 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 |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alfred Harms | ||||||||||||||
| President | $386,187 | $0 | $20,200 | $0 | $5,205 | $0 | $31,327 | $0 | $106,144 | $0 | $549,063 | $0 | $0 | $0 |
| James W Bartlett | ||||||||||||||
| CFO/Vice President | $233,795 | $0 | $200 | $0 | $50 | $0 | $29,349 | $0 | $12,686 | $0 | $276,080 | $0 | $0 | $0 |
| Susan B Clayton | ||||||||||||||
| VP of Advancement | $192,170 | $0 | $200 | $0 | $50 | $0 | $22,910 | $0 | $12,532 | $0 | $227,862 | $0 | $0 | $0 |
| Derek Daly | ||||||||||||||
| Director of Upper School | $133,326 | $0 | $200 | $0 | $550 | $0 | $15,054 | $0 | $27,607 | $0 | $176,737 | $0 | $0 | $0 |
| Michael Curley | ||||||||||||||
| Varsity Coach | $128,463 | $0 | $200 | $0 | $75 | $0 | $14,059 | $0 | $17,525 | $0 | $160,322 | $0 | $0 | $0 |
| Michael Jakubinsin | ||||||||||||||
| Dir. of Upper School (ended 07/2019) | $78,937 | $0 | $0 | $0 | $139,230 | $0 | $16,327 | $0 | $9,788 | $0 | $244,282 | $0 | $0 | $0 |
| Deborah P DeLoach | ||||||||||||||
| Director of Lower School | $140,620 | $0 | $200 | $0 | $0 | $0 | $14,925 | $0 | $13,160 | $0 | $168,905 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The President of the Organization has a discretionary spending account for organization-related expenses and for which documentation is submitted pursuant to the IRS' accountable plan requirements. The President lives in campus housing as a condition of his employment, the value of which is excludible from his taxable wages under Section 119 of the Internal Revenue Code. Social club dues are paid on behalf of the Administrator. The Organization may infrequently provide travel for spouses, where such travel serves a bona fide business purpose. |
| Part I, Line 4a | Michael Jakubinsin left employment in July of 2019 and was paid per the terms of his employment contract. |
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 | Orange County Industrial Development Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 591767933 | BondIssuerEIN |
| Bond Issued | 2011-06-01 | BondIssuedDt |
| Issue Price | $32,605,000 | IssuePriceAmt |
| Purpose | Refund prior issue; Campus imprvmts | 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 | $32,605,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $382,500 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $32,222,500 | CapitalExpendituresAmt |
| Substantial Completion | 2008 | SubstantialCompletionYr |
| 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 | 0 | 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 | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wells Fargo | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 20.200000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part V: | FormAndLineReferenceDesc |
| Explanation | The Organization has not established formal written procedures to timely identify and correct violations of federal tax requirements through the voluntary closing agreement program if self-remediation is not available under applicable regulations. However, the Organization regularly monitors compliance with the applicable requirements through periodic communication with its bond counsel. In light of the nature of the Organization's use of the tax-exempt bond financed property and its periodic consultations with bond counsel with respect to compliance with applicable federal tax requirements, the Organization does not believe that such written procedures are necessary at this time. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Debra Deery | |||
| Family relationship with board member | $25,449 | Compensation for employment as a teacher for the Organization | 0 |
| Steven Nicholson | |||
| Family relationship with board member | $87,156 | Compensation for employment as a teacher for the Organization | 0 |
| Desiree Allison | |||
| Family relationship with former board member | $64,274 | Compensation for employment as a teacher for the Organization | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $472,566 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenuesTxt |
| 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 is reporting the number of contributors in column (b). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The Organization's conflict of interest policy is distributed to each member of the Organization's governing body, its officers, and its key employees. Each such individual provides a disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, and certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy. |
| Form 990, Part VI, Section B, line 15 | An independent committee of the Board of Trustees annually reviews and approves the compensation levels of the Organization's top management official, officers and key employees. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is generally obtained every year. |
| Form 990, Part VI, Section C, line 19 | The Organization makes its Articles of Incorporation, bylaws, conflict of interest policy, and financial statements available upon request. |
| Form 990, Part XI, line 9: | Change in FMV of Interest Rate Swap 380,341. Change in beneficial interest in Foundation 12,479. |
| Form 990, Part XII, line 2c: | The Organization's Board of Trustees, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year. |
| Form 990, Part VI, Section A, Line 1a - Use of Executive Committee: | The Organization's Executive Committee for the fiscal year ended June 30, 2020 included the following trustees: Jeffrey Deery, Dr. David Jablonski, Dr. Denise Nicholson, Sarah Overmeyer, Gregory Ramsby, and Jay Whitehurst. The scope of the Committee's authority includes the review of the President's report on the financial condition, academic status, enrollment, and personnel employment. The Committee shall concur with the President in his report or make its own recommendation to the Board on the activities of the Organization. The Committee reviews and approves the President's proposed annual budget, which is then submitted to the full Board for review and approval. The Committee also approves the President's compensation and benefits. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake Highland Preparatory School Foundation Inc | ||||||||||
| 901 North Highland Avenue | Orlando | FL | 32803 | 200724295 | Supporting organization | FL | 501(c)(3) | 509(a)(3) Type I | N/A | Yes (1) |
| OS Complex Inc | ||||||||||
| 901 North Highland Avenue | Orlando | FL | 32803 | 263416614 | Supporting organization | FL | 501(c)(3) | 509(a)(3) Type II | N/A | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lake Highland Preparatory School Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $157,341 | InvolvedAmt |
| Method Of Amount Determination | Amount Granted | MethodOfAmountDeterminationTxt |