BOOTHBAY REGION STUDENT AID FUND INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BOOTHBAY REGION STUDENT AID FUND INC (EIN 01-6019359)
- Tax period
- 2020-06-01 to 2021-05-31
- Filed
- 2021-10-29
- IRS object ID
- 202103029349300340
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-29T09:25:25-05:00 | ReturnTs |
| Tax Period End | 2021-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010493997 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONE RIVER CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46 FIRSTPARK DRIVE | AddressLine1Txt |
| City | OAKLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 049635362 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 016019359 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOOTHBAY REGION STUDENT AID FUND I | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BOOT | BusinessNameControlTxt |
| Phone | 2073504032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 293 | AddressLine1Txt |
| City | BOOTHBAY HARBOR | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 045380293 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TERESA KOSTER | PersonNm |
| Person Title | CO-PRESIDENT | PersonTitleTxt |
| Phone | 2073504032 | PhoneNum |
| Signature | 2021-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TERESA | PersonFirstNm |
| Person Last | KOSTER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRETT R JENSEN CPA | PreparerPersonNm |
| PTIN | P01888543 | PTIN |
| Phone | 2078731603 | PhoneNum |
| Preparation | 2021-10-28 | PreparationDt |
| 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 | TERESA KOSTER | PrincipalOfficerNm |
| Gross Receipts | $541,646 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BRSAF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE NEED-BASED FINANCIAL ASSISTANCE TO BOOTHBAY REGION HIGH SCHOOL GRADUATES SEEKING EDUCATION BEYOND THE SECONDARY LEVEL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $277,635 | PYContributionsGrantsAmt |
| CY Contributions Grants | $445,679 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $107,986 | PYInvestmentIncomeAmt |
| CY Investment Income | $95,967 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $385,621 | PYTotalRevenueAmt |
| CY Total Revenue | $541,646 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $381,066 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $375,600 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,418 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,681 | PYOtherExpensesAmt |
| CY Other Expenses | $19,333 | CYOtherExpensesAmt |
| PY Total Expenses | $402,747 | PYTotalExpensesAmt |
| CY Total Expenses | $394,933 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$17,126 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $146,713 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,370,496 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,874,584 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,370,496 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,874,584 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE NEED-BASED FINANCIAL ASSISTANCE TO BOOTHBAY REGION HIGH SCHOOL GRADUATES SEEKING EDUCATION BEYOND THE SECONDARY LEVEL. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $375,888 | ExpenseAmt |
| Grant | $375,600 | GrantAmt |
| Desc | THE ORGANIZATION PROVIDED FINANCIAL AID FOR POST SECONDARY EDUCATION TO GRADUATES OF THE BOOTHBAY REGION HIGH SCHOOL WHO LACKED ADEQUATE FINANCIAL RESOURCES. 69 GRANTS WERE AWARDED DURING THE YEAR. | Desc |
| Total Program Service Expenses | $375,888 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN CORBIN | PersonNm |
| Phone | 2073504032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 293 | AddressLine1Txt |
| City | BOOTHBAY HARBOR | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 045380293 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MARYBETH CARMODY | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SUSAN CORBIN | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LOUISE COWAN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DAVID DRAPEAU | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MONICA ELDER | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KERRIN ERHARD | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JO HANEY | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| WENDY JOHNSON | ||||||
| CO-PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MAUREEN KINSEY | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| TERESA KOSTER | ||||||
| CO-PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| STEVE O'BRIEN | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TORY PAXSON | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BILL PEARSON | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RON ROSS | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRIS STEVENS | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KATHRYN SULLIVAN | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LYNN THOMPSON | ||||||
| DIRECTOR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAN ZAJDEL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $445,679 | AllOtherContributionsAmt |
| Total Contributions | $445,679 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $95,967 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $95,967 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $541,646 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $95,967 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,600 | TotalAmt |
| Program Services | $375,600 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,813 | TotalAmt |
| Management And General | $5,813 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378 | TotalAmt |
| Program Services | $288 | ProgramServicesAmt |
| Management And General | $90 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,562 | TotalAmt |
| Management And General | $1,144 | ManagementAndGeneralAmt |
| Fundraising | $4,418 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $646 | TotalAmt |
| Management And General | $646 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,688 | TotalAmt |
| Management And General | $1,688 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| CONTRACT LABOR | $5,200 | $5,200 |
| SUPPLIES | $46 | $46 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $394,933 | TotalAmt |
| Program Services | $375,888 | ProgramServicesAmt |
| Management And General | $14,627 | ManagementAndGeneralAmt |
| Fundraising | $4,418 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,133 | BOYAmt |
| EOY | $373,089 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,143 | BOYAmt |
| EOY | $103,689 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,180 | BOYAmt |
| EOY | $1,155 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,757,019 | BOYAmt |
| EOY | $5,998,067 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $287,753 | BOYAmt |
| EOY | $360,163 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,268 | BOYAmt |
| EOY | $38,421 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,370,496 | BOYAmt |
| EOY | $6,874,584 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $2,591,438 | BOYAmt |
| EOY | $3,261,272 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,779,058 | BOYAmt |
| EOY | $3,613,312 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,370,496 | BOYAmt |
| EOY | $6,874,584 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,370,496 | BOYAmt |
| EOY | $6,874,584 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $146,713 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,357,529 | NetUnrlzdGainsLossesInvstAmt |
| Investment Expense | -$307 | InvestmentExpenseAmt |
| Other Changes In Net Assets | $153 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $253,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $272,757 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $465,001 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $277,635 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $445,679 | CurrentTaxYearAmt |
| Total | $1,714,098 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $253,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $272,757 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $465,001 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $277,635 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $445,679 | CurrentTaxYearAmt |
| Total | $1,714,098 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $751,017 | SubstantialContributorsTotAmt |
| Public Support Total170 | $963,081 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $95,362 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $102,054 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $110,875 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $108,648 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $95,967 | CurrentTaxYearAmt |
| Total | $512,906 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,227,004 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $95,967 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.43250 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $5,044,772 | BeginningYearBalanceAmt |
| Contributions | $67,412 | ContributionsAmt |
| Investment Earnings Or Losses | $1,451,750 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $205,705 | GrantsOrScholarshipsAmt |
| End Year Balance | $6,358,230 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,746,480 | BeginningYearBalanceAmt |
| Contributions | $148,000 | ContributionsAmt |
| Investment Earnings Or Losses | $368,496 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $218,204 | GrantsOrScholarshipsAmt |
| End Year Balance | $5,044,772 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,775,686 | BeginningYearBalanceAmt |
| Contributions | $100,925 | ContributionsAmt |
| Investment Earnings Or Losses | $69,869 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $200,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $4,746,480 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,544,833 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $421,998 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $191,145 | GrantsOrScholarshipsAmt |
| End Year Balance | $4,775,686 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,174,534 | BeginningYearBalanceAmt |
| Contributions | $26,145 | ContributionsAmt |
| Investment Earnings Or Losses | $525,721 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $181,567 | GrantsOrScholarshipsAmt |
| End Year Balance | $4,544,833 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.45000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.34000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.21000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTED CASH EQUIVALENTS | Desc |
| Book Value | $360,163 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $360,163 | TotalBookValueSecuritiesAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 2, PART V, LINE 4 | FormAndLineReferenceDesc |
| Explanation | USE ACCUMULATED INVESTMENT EARNINGS TO SUPPLEMENT CURRENT YEAR'S UNRESTRICTED CONTRIBUTIONS IN ORDER TO FUND CURRENT YEAR'S GRANTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | POST SECONDARY EDUCATION | GrantTypeTxt |
| Recipient | 69 | RecipientCnt |
| Cash Grant | $375,600 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION SENDS THE GRANT MONEY DIRECTLY TO THE SCHOOL WITH THE INSTRUCTION THAT THE MONEY SHOULD ONLY BE USED TO PAY FOR TUITION, BOOKS AND OTHER ON CAMPUS FEES. IN ADDITION, THE SCHOOL IS INSTRUCTED THAT THE STUDENT SHALL HAVE NO PERSONAL ACCESS TO THE FUNDS. IF THE GRANT IS NOT USED BECAUSE THE STUDENT DOES NOT ENROLL, DROPS OUT OR FOR OTHER VALID REASONS, THE SCHOOL IS INSTRUCTED TO RETURN THE UNUSED GRANT MONEY TO THE ORGANIZATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CO-PRESIDENTS PRIOR TO FILING. IT IS MADE AVAILABLE FOR REVIEW BY THE REMAINDER OF THE BOARD AT THE NEXT SCHEDULED MEETING AFTER IT IS FILED. ANY COMMENTS OR SUGGESTIONS ARE BROUGHT TO THE ATTENTION OF THE PREPARER. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY, EACH BOARD MEMBER MUST REVIEW THE POLICY AND SIGN A DISCLOSURE STATEMENT AS TO WHETHER HE OR SHE HAS HAD ANY DIRECT OR INDIRECT INTEREST IN ANY BUSINESS TRANSACTIONS WITH THE ORGANIZATION OR ANY DIRECT OR INDIRECT INTEREST IN ANY DECISION MAKING REGARDING THE ALLOCATION OF GRANTS. THE RESULTS ARE REVIEWED BY THE CONFLICTS REVIEW COMMITTEE AND APPROPRIATE ACTION TAKEN, IF NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S FORM 990 AND OTHER DOCUMENTATION ARE AVAILABLE BY REQUEST THROUGH THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9 | CHANGE IN BENEFICIAL INTEREST IN PERP TRUST 153 |