CHARLOTTE COUNTRY DAY SCHOOL: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHARLOTTE COUNTRY DAY SCHOOL (EIN 56-0623935)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-11-12
- IRS object ID
- 202133169349308553
- Schema version
- 2020v4.1
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T13:44:20-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | 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 | 560623935 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLOTTE COUNTRY DAY SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 7049434500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 CARMEL ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 282265096 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID L MANCOS | PersonNm |
| Person Title | INTERIM HEAD OF SCHOOL AND CFO | PersonTitleTxt |
| Phone | 7049434551 | PhoneNum |
| Signature | 2021-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | MANCOS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 7043771678 | PhoneNum |
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 | DAVID L MANCOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 CARMEL ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 282265096 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $72,756,228 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHARLOTTECOUNTRYDAY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1941 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | CHARLOTTE COUNTRY DAY SCHOOL PROVIDES COMPREHENSIVE EDUCATIONAL PROGRAMS FOR GRADES PRE-KINDERGARTEN THROUGH GRADE 12 ON A NON-DISCRIMINATORY BASIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 612 | TotalEmployeeCnt |
| Total Volunteers | 600 | TotalVolunteersCnt |
| Total Gross UBI | $306,784 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $35,001,463 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,521,179 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $42,660,249 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $44,130,674 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$305,112 | PYInvestmentIncomeAmt |
| CY Investment Income | $649,961 | CYInvestmentIncomeAmt |
| PY Other Revenue | $195,404 | PYOtherRevenueAmt |
| CY Other Revenue | $257,056 | CYOtherRevenueAmt |
| PY Total Revenue | $77,552,004 | PYTotalRevenueAmt |
| CY Total Revenue | $57,558,870 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,850,494 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,634,632 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $32,581,112 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,717,984 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $131,774 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $2,279 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,464,826 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,280,435 | PYOtherExpensesAmt |
| CY Other Expenses | $15,178,260 | CYOtherExpensesAmt |
| PY Total Expenses | $49,843,815 | PYTotalExpensesAmt |
| CY Total Expenses | $53,533,155 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $27,708,189 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,025,715 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $213,319,665 | TotalAssetsBOYAmt |
| Total Assets EOY | $226,176,676 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $50,593,705 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $45,656,035 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $162,725,960 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $180,520,641 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THROUGH EXCELLENCE IN EDUCATION, CHARLOTTE COUNTRY DAY SCHOOL DEVELOPS THE POTENTIAL OF EACH STUDENT BY FOSTERING INTELLECTUAL CURIOSITY, PRINCIPLED CHARACTER, ETHICAL LEADERSHIP AND A RESPONSIBILITY TO SERVE. THE KEY VALUES AND COMMITMENTS ARE EDUCATIONAL EXCELLENCE, CHARACTER, COMMUNITY, AND SERVICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $39,709,947 | ExpenseAmt |
| Grant | $3,634,632 | GrantAmt |
| Revenue | $41,311,115 | RevenueAmt |
| Desc | INSTRUCTIONAL - FUNDS WERE USED TO PROVIDE COMPREHENSIVE EDUCATIONAL PROGRAMS TO APPROXIMATELY 1,700 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH GRADE 12. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,473,406 | ExpenseAmt |
| Revenue | $1,907,119 | RevenueAmt |
| Desc | SPECIAL PROGRAM FEES - FUNDS WERE USED TO PROVIDE SPECIAL PROGRAMS, INCLUDING AFTER-SCHOOL CARE, AFTER-SCHOOL ENRICHMENT CLASSES, TUTORING, AND SUMMER DAY CAMPS (SPORTS, ARTS, ENRICHMENT) TO CHILDREN IN GRADES PRE-KINDERGARTEN THROUGH GRADE 12. DUE TO COVID-19, AFTER-SCHOOL ENRICHMENT CLASSES WERE SUSPENDED DURING THE FISCAL YEAR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,494,664 | ExpenseAmt |
| Revenue | $912,440 | RevenueAmt |
| Desc | AUXILIARY SERVICES - FUNDS WERE USED TO PROVIDE FOOD, CAMPUS STORE, AND TRANSPORTATION TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH GRADE 12. REVENUES FROM FOOD AND TRANSPORTATION SERVICES WERE NEGATIVELY IMPACTED BY SOCIAL DISTANCING REQUIREMENTS AND HYBRID-LEARNING IMPLEMENTED TO MITIGATE THE RISKS OF SPREADING COVID-19. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $44,678,017 | 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 | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 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 | 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 | Yes (1) | 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 | 121 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 612 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID L MANCOS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7049434500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 CARMEL ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 282265096 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SCOTT R STEVENS | |||||||
| CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID M BENSON | |||||||
| VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDISON CASSELS | |||||||
| VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR AMEESHA P KANSUPADA | |||||||
| VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| A WELLFORD TABOR SR | |||||||
| VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREW W TATE | |||||||
| SECRETARY-TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR ADELLE ANTHONY-WILLIAMS | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| HOWARD C BISSELL | |||||||
| LIFE TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DR LAUREN I BROWNE | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA N BYRON | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE S DEWEY IV | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD E ELIASEK JR | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMUEL E FARNHAM SR | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEX D FUNDERBURG | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH V GARCIA | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD A GORELICK | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SHANON JONES | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DR TIFFANI M JONES | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| J SCOTT MATTEI | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| STANTON D MCCULLOUGH | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LEIGH F MORAN | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY CLAUDIA BELK PILON | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| SALLY CANNON SAUSSY | |||||||
| LIFE TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| STONEY D SELLARS | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| R GLENN SHERRILL JR | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHENSON P SHUFORD | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHERINE S STEMPIEN | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DR LISA M TOPPIN | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER WARD | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM H ZIMMERN | |||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK E REED | |||||||
| HEAD OF SCHOOL | 70.00 | Yes (X) | $551,134 | $0 | $52,136 | ||
| DAVID L MANCOS | |||||||
| CHIEF FINANCIAL OFFICER | 70.00 | Yes (X) | $321,694 | $0 | $29,158 | ||
| WARREN SEPKOWITZ | |||||||
| HEAD OF MIDDLE SCHOOL | 50.00 | $186,803 | $0 | $20,842 | Yes (X) | ||
| MATTHEW LESS | |||||||
| HEAD OF UPPER SCHOOL | 50.00 | $163,854 | $0 | $43,752 | Yes (X) | ||
| KATHARINE ATKINS | |||||||
| DIRECTOR OF ADVANCEMENT | 50.00 | $158,007 | $0 | $33,992 | Yes (X) | ||
| ABRAM WEHMILLER | |||||||
| DIRECTOR OF ATHLETICS | 50.00 | $167,947 | $0 | $15,626 | Yes (X) | ||
| GREGORY WALTERS | |||||||
| FACILITIES AND OPERATIONS MANAGER | 50.00 | $165,116 | $0 | $18,760 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,714,555 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $214,266 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | 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 |
|---|---|---|---|---|---|
| BALFOUR BEATTY CONSTRUCTION | |||||
| 1930 CAMDEN ROAD STE 280 | CHARLOTTE | NC | 28203 | CONSTRUCTION | $12,833,266 |
| LITTLE DIVERSIFIED | |||||
| 615 SOUTH COLLEGE STREET SUITE 160 | CHARLOTTE | NC | 28202 | ARCHITECTURAL SERVICES | $2,084,145 |
| ALADDIN FOOD MANAGEMENT SERVICES LLC | |||||
| 2400 ANSYS DR SUITE 404 | CANONBURG | PA | 15317 | FOOD SERVICES | $1,057,957 |
| THE BUDD GROUP | |||||
| PO BOX 890856 | CHARLOTTE | NC | 28289 | JANITORIAL SERVICES | $925,200 |
| GLOBAL ENDOWMENT MANAGEMENT LP | |||||
| 224 W TREMONT AVENUE | CHARLOTTE | NC | 28203 | ENDOWMENT MANAGEMENT | $382,993 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $17,147 | FundraisingAmt |
| All Other Contributions | $12,504,032 | AllOtherContributionsAmt |
| Noncash Contributions | $432,697 | NoncashContributionsAmt |
| Total Contributions | $12,521,179 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611710 | $41,075,674 | $41,075,674 |
| PROGRAM FEES | 611710 | $1,907,119 | $1,907,119 |
| FOOD SERVICES | 611710 | $736,753 | $736,753 |
| TRANSPORTATION | 480000 | $175,687 | $175,687 |
| APPLICATION FEES | 611710 | $61,650 | $61,650 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $173,791 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $173,791 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $44,130,674 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $584,063 | TotalRevenueColumnAmt |
| Exclusion | $584,063 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $34,535 | 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 | $34,535 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,535 | TotalRevenueColumnAmt |
| Exclusion | $34,535 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,981,939 | SecuritiesAmt |
| Other | $4,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,916,183 | SecuritiesAmt |
| Other | $3,858 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $65,756 | SecuritiesAmt |
| Other | $142 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $65,898 | TotalRevenueColumnAmt |
| Exclusion | $65,898 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $72,979 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $17,147 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $95,841 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$22,862 | TotalRevenueColumnAmt |
| Exclusion | -$22,862 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $120,075 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $181,476 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$61,401 | TotalRevenueColumnAmt |
| Exclusion | -$61,401 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ORDINARY INCOME FROM K-1S | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $306,784 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $306,784 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $306,784 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $57,558,870 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $44,130,674 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $306,784 | UnrelatedBusinessRevenueAmt |
| Exclusion | $600,233 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,634,632 | TotalAmt |
| Program Services | $3,634,632 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $954,125 | TotalAmt |
| Program Services | $241,309 | ProgramServicesAmt |
| Management And General | $471,507 | ManagementAndGeneralAmt |
| Fundraising | $241,309 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,380,454 | TotalAmt |
| Program Services | $20,955,223 | ProgramServicesAmt |
| Management And General | $2,290,257 | ManagementAndGeneralAmt |
| Fundraising | $1,134,974 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,131,234 | TotalAmt |
| Program Services | $953,883 | ProgramServicesAmt |
| Management And General | $111,852 | ManagementAndGeneralAmt |
| Fundraising | $65,499 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,448,045 | TotalAmt |
| Program Services | $5,554,058 | ProgramServicesAmt |
| Management And General | $712,591 | ManagementAndGeneralAmt |
| Fundraising | $181,396 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,804,126 | TotalAmt |
| Program Services | $1,546,200 | ProgramServicesAmt |
| Management And General | $161,159 | ManagementAndGeneralAmt |
| Fundraising | $96,767 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,485 | TotalAmt |
| Management And General | $20,485 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,517 | TotalAmt |
| Management And General | $89,517 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,279 | TotalAmt |
| Fundraising | $2,279 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,810 | TotalAmt |
| Management And General | $437,810 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,587,637 | TotalAmt |
| Program Services | $2,022,902 | ProgramServicesAmt |
| Management And General | $484,988 | ManagementAndGeneralAmt |
| Fundraising | $79,747 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,395 | TotalAmt |
| Management And General | $8,167 | ManagementAndGeneralAmt |
| Fundraising | $144,228 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $944,847 | TotalAmt |
| Program Services | $331,098 | ProgramServicesAmt |
| Management And General | $510,826 | ManagementAndGeneralAmt |
| Fundraising | $102,923 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,145,345 | TotalAmt |
| Program Services | $1,027,890 | ProgramServicesAmt |
| Management And General | $81,493 | ManagementAndGeneralAmt |
| Fundraising | $35,962 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,158 | TotalAmt |
| Program Services | $819,052 | ProgramServicesAmt |
| Management And General | $75,007 | ManagementAndGeneralAmt |
| Fundraising | $33,099 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,284 | TotalAmt |
| Program Services | $217,889 | ProgramServicesAmt |
| Management And General | $6,454 | ManagementAndGeneralAmt |
| Fundraising | $1,941 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,184 | TotalAmt |
| Program Services | $219,047 | ProgramServicesAmt |
| Management And General | $29,958 | ManagementAndGeneralAmt |
| Fundraising | $67,179 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $713,835 | TotalAmt |
| Program Services | $630,602 | ProgramServicesAmt |
| Management And General | $57,749 | ManagementAndGeneralAmt |
| Fundraising | $25,484 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,040,153 | TotalAmt |
| Program Services | $3,569,072 | ProgramServicesAmt |
| Management And General | $326,848 | ManagementAndGeneralAmt |
| Fundraising | $144,233 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,476 | TotalAmt |
| Program Services | $42,500 | ProgramServicesAmt |
| Management And General | $315,132 | ManagementAndGeneralAmt |
| Fundraising | $5,844 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| GROUNDS EXPENSE & MAINT | $1,009,965 | $892,203 | $81,706 | $36,056 |
| BOOKS & EDUCATIONAL PRO | $950,298 | $950,298 | ||
| FOOD SERVICE & HOSPITAL | $383,796 | $383,796 | ||
| UNRELATED BUSINESS INCO | $96,409 | $96,409 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $772,666 | TotalAmt |
| Program Services | $686,363 | ProgramServicesAmt |
| Management And General | $20,397 | ManagementAndGeneralAmt |
| Fundraising | $65,906 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,533,155 | TotalAmt |
| Program Services | $44,678,017 | ProgramServicesAmt |
| Management And General | $6,390,312 | ManagementAndGeneralAmt |
| Fundraising | $2,464,826 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,198,370 | BOYAmt |
| EOY | $29,572,071 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,891,446 | BOYAmt |
| EOY | $9,613,887 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,592,576 | BOYAmt |
| EOY | $11,715,584 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,580 | BOYAmt |
| EOY | $527,416 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,861 | BOYAmt |
| EOY | $67,721 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $714,915 | BOYAmt |
| EOY | $906,834 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $151,093,284 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $46,305,177 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,733,124 | BOYAmt |
| EOY | $104,788,107 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,872,170 | BOYAmt |
| EOY | $6,524,445 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,687,623 | BOYAmt |
| EOY | $62,460,611 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,319,665 | BOYAmt |
| EOY | $226,176,676 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,279,631 | BOYAmt |
| EOY | $6,258,411 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,811,208 | BOYAmt |
| EOY | $10,372,152 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,657,859 | BOYAmt |
| EOY | $23,919,592 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,105,794 | BOYAmt |
| EOY | $4,094,960 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,739,213 | BOYAmt |
| EOY | $1,010,920 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,593,705 | BOYAmt |
| EOY | $45,656,035 | 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 | $88,472,903 | BOYAmt |
| EOY | $90,787,253 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,253,057 | BOYAmt |
| EOY | $89,733,388 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,725,960 | BOYAmt |
| EOY | $180,520,641 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,319,665 | BOYAmt |
| EOY | $226,176,676 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,025,715 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,080,343 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $688,623 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $50,735,007 | BeginningYearBalanceAmt |
| Contributions | $838,846 | ContributionsAmt |
| Investment Earnings Or Losses | $13,471,494 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $586,776 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,933,874 | OtherExpendituresAmt |
| End Year Balance | $62,524,697 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,465,329 | BeginningYearBalanceAmt |
| Contributions | $622,629 | ContributionsAmt |
| Investment Earnings Or Losses | -$739,951 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $573,818 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,039,182 | OtherExpendituresAmt |
| End Year Balance | $50,735,007 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,461,891 | BeginningYearBalanceAmt |
| Contributions | $422,224 | ContributionsAmt |
| Investment Earnings Or Losses | $2,893,714 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $498,342 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,814,158 | OtherExpendituresAmt |
| End Year Balance | $58,465,329 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,560,060 | BeginningYearBalanceAmt |
| Contributions | $2,306,184 | ContributionsAmt |
| Investment Earnings Or Losses | $4,780,789 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $448,571 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,736,571 | OtherExpendituresAmt |
| End Year Balance | $62,461,891 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,400,592 | BeginningYearBalanceAmt |
| Contributions | $4,768,344 | ContributionsAmt |
| Investment Earnings Or Losses | $5,801,124 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $313,926 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,096,074 | OtherExpendituresAmt |
| End Year Balance | $57,560,060 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.15320 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.84680 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,211,773 | OtherCostOrOtherBasisAmt |
| Book Value | $5,211,773 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $105,242,528 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,119,243 | DepreciationAmt |
| Book Value | $71,123,285 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,466,912 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,648,983 | DepreciationAmt |
| Book Value | $4,817,929 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,172,071 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,536,951 | DepreciationAmt |
| Book Value | $23,635,120 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $104,788,107 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIVATE INVESTMENT FUNDS | Desc |
| Book Value | $62,460,611 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $62,460,611 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIABILITY UNDER SWAP AGREEMENT | Desc |
| Amt | $1,010,920 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,010,920 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $67,582,526 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $13,080,343 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,946,009 | OtherRevenueAmt |
| Revenue Not Reported | $10,134,334 | RevenueNotReportedAmt |
| Revenue Subtotal | $57,448,192 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $437,810 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$327,132 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $110,678 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $57,558,870 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $49,787,845 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $327,132 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $327,132 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,460,713 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $437,810 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,634,632 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,072,442 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $53,533,155 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS AND FINANCIAL AID, FACULTY AND STAFF SUPPORT, CURRICULUM AND PROGRAM SUPPORT AND GENERAL OPERATING EXPENSES, SUCH AS CAMPUS AND FACILITY MAINTENANCE. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. |
| PART X, LINE 2: | MANAGEMENT HAS EVALUATED THE EFFECT OF GUIDANCE SURROUNDING UNCERTAIN TAX POSITIONS AND CONCLUDED THAT COUNTRY DAY HAS NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN TAX POSITIONS AT JUNE 30, 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID AND SCHOLARSHIPS SHOWN NET OF TUITION ON FINANCIALS -3,634,632. CHANGE IN FAIR VALUE OF LIABILITY UNDER INTEREST RATE SWAP 688,623. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES -145,656. COST OF GOODS SOLD -181,476. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 181,476. SPECIAL EVENT EXPENSES 145,656. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND SCHOLARSHIPS SHOWN NET OF TUITION ON FINANCIALS 3,634,632. |
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 | THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED THROUGH A PRINTED STATEMENT OF THE SCHOOL'S ADMINISTRATION POLICY IN A LOCAL NEWSPAPER AND MAGAZINES. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL WAS REIMBURSED FOR ELIGIBLE EXPENSES SUBMITTED TO THE NORTH CAROLINA DEPARTMENT OF PUBLIC INSTRUCTION UNDER THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS (EANS) PROGRAM AUTHORIZED BY THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2021. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BUCSTOGETHER | Event1Nm |
| Gross Receipts Event1 | $19,410 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $10,872 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $8,538 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $8,002 | NonCashPrizesEvent1Amt |
| Entertainment Event1 | $58 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $14,988 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $17,382 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $6,275 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $11,107 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $200 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $3,829 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $11,500 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $1,107 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $1,431 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $53,334 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $53,334 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $54,726 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $90,126 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $17,147 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $72,979 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $200 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $11,831 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $11,500 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,107 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $58 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $71,145 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $95,841 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$22,862 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|
| FINANCIAL AID | 192 | $3,047,856 | TUITION RATES | NEED-BASED ASSISTANCE | |
| ENDOWMENT SCHOLARSHIPS | 52 | $586,776 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT OF THE FINANCIAL AID OR SCHOLARSHIP IS ONLY APPLIED TO A STUDENTS' BILLING ACCOUNT. THE FINANCIAL AID COMMITTEE REVIEWS ALL REQUESTS FOR FINANCIAL AID. ADDITIONALLY, EACH DONOR (OF A NAMED SCHOLARSHIP ENDOWMENT) RECEIVES A LETTER FROM DEVELOPMENT SAYING WHO RECEIVED THE SCHOLARSHIP. THE SUPPORT AWARDED IS BASED ON FINANCIAL NEED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK E REED | ||||||||||||||
| HEAD OF SCHOOL | $507,500 | $0 | $1,990 | $0 | $41,644 | $0 | $17,100 | $0 | $35,036 | $0 | $603,270 | $0 | $0 | $0 |
| DAVID L MANCOS | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $280,210 | $0 | $17,724 | $0 | $23,760 | $0 | $21,016 | $0 | $8,142 | $0 | $350,852 | $0 | $0 | $0 |
| WARREN SEPKOWITZ | ||||||||||||||
| HEAD OF MIDDLE SCHOOL | $169,330 | $0 | $3,243 | $0 | $14,230 | $0 | $12,700 | $0 | $8,142 | $0 | $207,645 | $0 | $0 | $0 |
| MATTHEW LESS | ||||||||||||||
| HEAD OF UPPER SCHOOL | $159,830 | $0 | $4,024 | $0 | $0 | $0 | $9,590 | $0 | $34,162 | $0 | $207,606 | $0 | $0 | $0 |
| KATHARINE ATKINS | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $156,000 | $0 | $2,007 | $0 | $0 | $0 | $6,240 | $0 | $27,752 | $0 | $191,999 | $0 | $0 | $0 |
| GREGORY WALTERS | ||||||||||||||
| FACILITIES AND OPERATIONS MANAGER | $162,963 | $0 | $2,153 | $0 | $0 | $0 | $10,618 | $0 | $8,142 | $0 | $183,876 | $0 | $0 | $0 |
| ABRAM WEHMILLER | ||||||||||||||
| DIRECTOR OF ATHLETICS | $165,945 | $0 | $2,002 | $0 | $0 | $0 | $7,484 | $0 | $8,142 | $0 | $183,573 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE BOARD APPROVED THAT THE HEAD OF SCHOOL MAY TRAVEL FIRST-CLASS. THE BOARD ALSO APPROVED THAT THE HEAD OF SCHOOL IS ALLOWED A BUDGETED AMOUNT OF DISCRETIONARY EXPENDITURES. IT IS USED TO SUPPORT ANY UNANTICIPATED NEEDS OF THE SCHOOL. AS A CONDITION OF EMPLOYMENT, THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN THE SCHOOL'S HOUSE LOCATED ON THE CAMPUS. THIS RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE SCHOOL IN HAVING THE FUNCTIONS OF THE OFFICE OF THE HEAD OF SCHOOL EFFICIENTLY DISCHARGED. THE SCHOOL PROVIDES HOUSEKEEPING SERVICES TO THE HEAD OF SCHOOL FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE HEAD OF SCHOOL CAN PERFORM ESSENTIAL SCHOOL BUSINESS AND ACTIVITIES AT THE HOME. THIS HOUSING ALLOWANCE IS TREATED AS A NON-TAXABLE BENEFIT. THE HEAD OF SCHOOL RECEIVES CERTAIN TAXABLE FRINGE BENEFITS THAT ARE GROSSED UP FOR TAX PURPOSES. ANY GROSS UP AMOUNT IS ALSO TREATED AS TAXABLE COMPENSATION. |
| PART I, LINE 4B | NON-QUALIFIED RETIREMENT PLAN: IN JULY 2019, AN IRC SECTION 457(F) PLAN WAS ESTABLISHED FOR THE HEAD OF SCHOOL AS PART OF A NEW MULTI-YEAR EMPLOYMENT CONTRACT. THE 457(F) PLAN WAS DISSOLVED WHEN THE HEAD OF SCHOOL SUBMITTED HIS RESIGNATION EFFECTIVE JUNE 2021. |
| PART I, LINE 7 | ALL EMPLOYEES RECEIVED A CHRISTMAS BONUS OF $250. CERTAIN EMPLOYEES RECEIVED ADDITIONAL BONUSES DUE TO THE PANDEMIC WHICH WERE APPROVED BY THE BOARD. |
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 | PUBLIC FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273866124 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2015-09-01 | BondIssuedDt |
| Issue Price | $26,974,489 | IssuePriceAmt |
| Purpose | REFUND PRIOR ISSUE AND SCHOOL FACILITY IMPROVEMENTS | 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 |
| Retired | $2,813,728 | RetiredAmt |
| Total Proceeds | $26,974,489 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $339,489 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $10,000,000 | CapitalExpendituresAmt |
| Other Spent Proceeds | $16,635,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2018 | 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 |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| 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 | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | 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 | TORONTO - DOMINION | BusinessNameLine1Txt |
| Business Name Line2 | BANK | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 15.000000000000 | 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 | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDISON FOARD INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | ENTITY OWNED MORE THAN 35% BY EDISON CASSELS, CURRENT BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $19,468,014 | TransactionAmt |
| Transaction | EDISON FOARD INC IS PROVIDING CONSTRUCTION SERVICES FOR A CAPITAL PROJECT AT THE SCHOOL UNDER A JOINT VENTURE WITH ANOTHER CONTRACTOR THAT IS AN UNRELATED PARTY. THE TRANSACTION WAS ENTERED INTO AT ARMS LENGTH AND MR. CASSELS FOLLOWED THE SCHOOL'S CONFLICT OF INTEREST POLICY AND DID NOT PARTICIPATE IN THE DISCUSSIONS AND VOTE ON THIS MATTER. IN ADDITION, A COMPETITIVE BID PROCESS WAS USED TO SELECT THE CONTRACTOR. THE AMOUNT REFLECTED IS FOR THE ENTIRE PROJECT. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 85 | ContributionCnt |
| Noncash Contributions Rpt F990 | $432,697 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | 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 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE REVIEWS THE IRS FORM 990 WITH THE CHIEF FINANCIAL OFFICER BEFORE THE FORM IS FILED. THE IRS FORM 990 IS THEN PROVIDED TO BOARD MEMBERS PRIOR TO FILING. MEMBERS ARE ENCOURAGED TO REVIEW THE FORM AND DIRECT ANY QUESTIONS TO THE CHAIR OF THE FINANCE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS. ALL TRUSTEES AND OTHER INTERESTED PERSONS ARE REQUIRED TO READ, COMPLETE AND SIGN THE CONFLICT OF INTEREST POLICY FORM ANNUALLY. IF AN ISSUE IS TO BE DECIDED BY THE BOARD THAT INVOLVES A POTENTIAL CONFLICT OF INTEREST FOR A BOARD MEMBER OR OTHER INTERESTED PERSONS, IT IS THE RESPONSIBILITY OF THE BOARD MEMBER OR OTHER INTERESTED PERSONS TO: (1) IDENTIFY THE POTENTIAL CONFLICT OF INTEREST SO THAT BOARD MEMBERS WHO ARE VOTING ON A DECISION ARE AWARE THAT ANOTHER MEMBERS' INTEREST ARE BEING AFFECTED; (2) NOT PARTICIPATE IN THE DISCUSSION OF THE PROGRAM, ISSUE OR MOTION BEING CONSIDERED; AND (3) BE RECUSED DURING THE VOTE ON THE MOTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SCHOOL HAS A HEAD'S COMPENSATION COMMITTEE. THE COMMITTEE ANNUALLY REVIEWS BENCHMARK COMPENSATION DATA FROM SEVERAL SOURCES SUCH AS NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND INDEPENDENT SCHOOL DATA EXCHANGE (INDEX). THE COMMITTEE ANALYZES DATA FROM THESE AND OTHER ORGANIZATIONS IN ORDER TO MAKE A RECOMMENDATION TO THE BOARD OF TRUSTEES REGARDING THE HEAD'S COMPENSATION. THE BOARD HAS APPROVAL AUTHORITY FOR THE HEAD'S COMPENSATION AND THE DECISION IS DOCUMENTED ANNUALLY. THE HEAD OF SCHOOL DETERMINES AND ESTABLISHES SALARIES FOR ALL OTHER TOP MANAGEMENT AND KEY EMPLOYEES. HE USES DATA FROM THESE SAME ORGANIZATIONS (NAIS & INDEX) TO ASSIST IN ESTABLISHING TOP MANAGEMENT AND KEY EMPLOYEE SALARIES. ALL SALARY INCREASES MUST BE WITHIN THE BUDGET AS APPROVED BY THE BOARD OF TRUSTEES, AND THE BOARD MONITORS THE BUDGET TO ENSURE COMPLIANCE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN ON SWAP AGREEMENT 688,623. |