HEBRON ACADEMY INCORPORATED: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HEBRON ACADEMY INCORPORATED (EIN 01-0224898)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-04-09
- IRS object ID
- 201840999349300664
- Schema version
- 2016v3.0
- 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
- 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 | 2018-04-09T09:56:12-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010523282 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1100 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 041041100 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010224898 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hebron Academy Incorporated | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEBR | BusinessNameControlTxt |
| Phone | 2079662100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 309 | AddressLine1Txt |
| City | Hebron | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04238 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James L Bisesti | PersonNm |
| Person Title | Business Manager | PersonTitleTxt |
| Phone | 2079662100 | PhoneNum |
| Signature | 2018-01-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara J McGuan CPA | PreparerPersonNm |
| PTIN | P00219457 | PTIN |
| Phone | 2077752387 | PhoneNum |
| Preparation | 2018-01-31 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.49.157.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-01-31 | IPDt |
| IP Tm | 19:33:50 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1452ED929C5BAA4A5EF1600A2C972F2C0D3A6588 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 53CA451596873B86A1E24CFE6767DCEC9A681D0F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Dan Marchetti | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 309 | AddressLine1Txt |
| City | Hebron | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04238 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,312,016 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.hebronacademy.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1941 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | To operate a non-profit, private school for students from middle school to high school, and to inspire and guide students to reach their highest potential in mind, body and spirit. Our core values are fundamental to the Hebron experience. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 136 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $7,245 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,168 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,784,966 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,528,650 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,082,300 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,031,046 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,169,480 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,311,607 | CYInvestmentIncomeAmt |
| PY Other Revenue | $36,981 | PYOtherRevenueAmt |
| CY Other Revenue | $20,103 | CYOtherRevenueAmt |
| PY Total Revenue | $19,073,727 | PYTotalRevenueAmt |
| CY Total Revenue | $30,891,406 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,790,311 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,100,819 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,750,071 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,805,857 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $23,506 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $28,913 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $850,136 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,757,239 | PYOtherExpensesAmt |
| CY Other Expenses | $6,029,956 | CYOtherExpensesAmt |
| PY Total Expenses | $16,321,127 | PYTotalExpensesAmt |
| CY Total Expenses | $16,965,545 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,752,600 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,925,861 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $46,608,452 | TotalAssetsBOYAmt |
| Total Assets EOY | $56,534,496 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,165,306 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,958,869 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,443,146 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,575,627 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To operate a non-profit, private school for students from middle school to high school, and to inspire and guide students to reach their highest potential in mind, body and spirit. Our core values are fundamental to the Hebron experience. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,374,629 | ExpenseAmt |
| Grant | $5,100,819 | GrantAmt |
| Revenue | $14,031,046 | RevenueAmt |
| Desc | Secondary and Middle School Education | Desc |
| Total Program Service Expenses | $12,374,629 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | 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 | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 136 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | 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 | James L Bisesti | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2079662100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 339 Paris Road PO Box 309 | AddressLine1Txt |
| City | Hebron | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04238 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 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 |
|---|---|---|---|---|---|---|---|
| Paul S Goodof | |||||||
| Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Judah Sommer | |||||||
| Vice Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Scott E Wilson | |||||||
| Treasurer | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Clement S Dwyer Jr | |||||||
| Treasurer | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Debra B Bloomingdale | |||||||
| Secretary | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Wallace Higgins | |||||||
| Assistant Secretary | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Richard Bennett | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Devon Biondi | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| James R Clements | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Felica W Coney | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert A Donahue | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Wende Fox Lawson | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Ambassador Thomas N Hull III | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Matthew W Johnson | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| J Matthew Lyness | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| David S Prout | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert J Ryan Esq | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Heather C Stephens | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Meredith Strang Burgess | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert E Waite | |||||||
| Board Member | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| Dan Marchetti | |||||||
| Head of School | 40.00 | Yes (X) | $100,108 | $0 | $8,992 | ||
| John King | |||||||
| Past Head of School | 40.00 | Yes (X) | $159,310 | $0 | $13,356 | ||
| James Bisesti | |||||||
| Business Manager | 40.00 | Yes (X) | $129,770 | $0 | $13,281 | ||
| Patricia Layman | |||||||
| Director of Advancement | 40.00 | $123,429 | $0 | $14,583 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $512,617 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $50,212 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sage Dining Services | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1402 York Rd | AddressLine1Txt |
| City | Lutherville | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21093 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Food Services | ServicesDesc |
| Compensation | $1,272,350 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $15,528,650 | AllOtherContributionsAmt |
| Noncash Contributions | $716,093 | NoncashContributionsAmt |
| Total Contributions | $15,528,650 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611600 | $13,685,187 | $13,685,187 |
| Student Center | 611710 | $277,712 | $277,712 |
| Other Services and Fees | 611710 | $50,610 | $50,610 |
| Special Assessments | 611710 | $17,537 | $17,537 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,031,046 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $411,624 | TotalRevenueColumnAmt |
| Exclusion | $411,624 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $20,103 | 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 | $20,103 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,103 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $7,245 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,858 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,316,493 | SecuritiesAmt |
| Other | $4,100 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,420,610 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $895,883 | SecuritiesAmt |
| Other | $4,100 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $899,983 | TotalRevenueColumnAmt |
| Exclusion | $899,983 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,891,406 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,031,046 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $7,245 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,324,465 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,100,819 | TotalAmt |
| Program Services | $5,100,819 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,817 | TotalAmt |
| Program Services | $93,380 | ProgramServicesAmt |
| Management And General | $255,324 | ManagementAndGeneralAmt |
| Fundraising | $76,113 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,279,079 | TotalAmt |
| Program Services | $2,283,960 | ProgramServicesAmt |
| Management And General | $1,602,033 | ManagementAndGeneralAmt |
| Fundraising | $393,086 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,556 | TotalAmt |
| Program Services | $141,096 | ProgramServicesAmt |
| Management And General | $97,338 | ManagementAndGeneralAmt |
| Fundraising | $24,122 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $503,566 | TotalAmt |
| Program Services | $258,319 | ProgramServicesAmt |
| Management And General | $196,108 | ManagementAndGeneralAmt |
| Fundraising | $49,139 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,839 | TotalAmt |
| Program Services | $170,484 | ProgramServicesAmt |
| Management And General | $132,050 | ManagementAndGeneralAmt |
| Fundraising | $33,305 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,226 | TotalAmt |
| Management And General | $21,226 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,913 | TotalAmt |
| Fundraising | $28,913 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,715 | TotalAmt |
| Program Services | $61,715 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,616 | TotalAmt |
| Program Services | $36,173 | ProgramServicesAmt |
| Management And General | $222,064 | ManagementAndGeneralAmt |
| Fundraising | $6,379 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,841 | TotalAmt |
| Management And General | $33,989 | ManagementAndGeneralAmt |
| Fundraising | $59,852 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,436 | TotalAmt |
| Program Services | $8,205 | ProgramServicesAmt |
| Management And General | $155,327 | ManagementAndGeneralAmt |
| Fundraising | $70,904 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212 | TotalAmt |
| Program Services | $212 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,049,388 | TotalAmt |
| Program Services | $634,873 | ProgramServicesAmt |
| Management And General | $409,321 | ManagementAndGeneralAmt |
| Fundraising | $5,194 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,717 | TotalAmt |
| Program Services | $60,066 | ProgramServicesAmt |
| Management And General | $217,731 | ManagementAndGeneralAmt |
| Fundraising | $55,920 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,582 | TotalAmt |
| Fundraising | $26,582 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $833,839 | TotalAmt |
| Program Services | $720,280 | ProgramServicesAmt |
| Management And General | $105,761 | ManagementAndGeneralAmt |
| Fundraising | $7,798 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,213,632 | TotalAmt |
| Program Services | $1,125,727 | ProgramServicesAmt |
| Management And General | $75,717 | ManagementAndGeneralAmt |
| Fundraising | $12,188 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,682 | TotalAmt |
| Program Services | $13,806 | ProgramServicesAmt |
| Management And General | $112,876 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food Service | $1,025,105 | $1,025,105 | ||
| Student Activities & Su | $543,209 | $543,209 | ||
| Miscellaneous | $146,838 | $97,200 | $48,997 | $641 |
| Bad Debt | $54,918 | $54,918 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,965,545 | TotalAmt |
| Program Services | $12,374,629 | ProgramServicesAmt |
| Management And General | $3,740,780 | ManagementAndGeneralAmt |
| Fundraising | $850,136 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,236 | BOYAmt |
| EOY | $1,685,173 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,349,876 | BOYAmt |
| EOY | $4,788,812 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,093,282 | BOYAmt |
| EOY | $10,191,416 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,051 | BOYAmt |
| EOY | $234,584 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,507 | BOYAmt |
| EOY | $41,068 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,528 | BOYAmt |
| EOY | $174,766 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,874,440 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,926,129 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,441,189 | BOYAmt |
| EOY | $18,948,311 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,802,702 | BOYAmt |
| EOY | $16,539,165 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,591,894 | BOYAmt |
| EOY | $1,592,036 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,316,187 | BOYAmt |
| EOY | $2,339,165 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,608,452 | BOYAmt |
| EOY | $56,534,496 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,007,110 | BOYAmt |
| EOY | $657,956 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,580,049 | BOYAmt |
| EOY | $4,162,192 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,700,000 | BOYAmt |
| EOY | $14,502,405 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,000 | BOYAmt |
| EOY | $323,928 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,452 | BOYAmt |
| EOY | $285,571 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $174,199 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,695 | BOYAmt |
| EOY | $3,852,618 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,165,306 | BOYAmt |
| EOY | $23,958,869 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,380,925 | BOYAmt |
| EOY | $1,573,899 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,891,684 | BOYAmt |
| EOY | $10,763,436 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,170,537 | BOYAmt |
| EOY | $20,238,292 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,443,146 | BOYAmt |
| EOY | $32,575,627 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,608,452 | BOYAmt |
| EOY | $56,534,496 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $13,925,861 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,196,664 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$4,957,556 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$3,032,488 | 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,282,589 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,309,088 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,141,908 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,784,966 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,528,650 | CurrentTaxYearAmt |
| Total | $16,047,201 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,282,589 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,309,088 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,141,908 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,784,966 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,528,650 | CurrentTaxYearAmt |
| Total | $16,047,201 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,746,503 | SubstantialContributorsTotAmt |
| Public Support Total170 | $9,300,698 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $482,469 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $437,287 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $441,543 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $355,138 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $431,727 | CurrentTaxYearAmt |
| Total | $2,148,164 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $197,422 | CurrentTaxYearMinus2YearsAmt |
| Total | $197,422 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,392,787 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $63,784,874 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.50570 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Casualty Gain - 2014 Amount: $ 110,600. Insurance Proceeds - 2014 Amount: $ 86,822. |
| Schedule A, Part VI, List of Unusual Grants: | Description: Funding for new arts & diversity buildings Date: 03/10/17 Amount: 10000000. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | OH Consignment Sale - Art P | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,100,107 | BeginningYearBalanceAmt |
| Contributions | $3,439,573 | ContributionsAmt |
| Investment Earnings Or Losses | $1,790,308 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $590,136 | OtherExpendituresAmt |
| End Year Balance | $17,739,852 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,865,101 | BeginningYearBalanceAmt |
| Contributions | $2,415,791 | ContributionsAmt |
| Investment Earnings Or Losses | $241,447 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $422,232 | OtherExpendituresAmt |
| End Year Balance | $13,100,107 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,655,158 | BeginningYearBalanceAmt |
| Contributions | $2,100,134 | ContributionsAmt |
| Investment Earnings Or Losses | $418,812 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $309,003 | OtherExpendituresAmt |
| End Year Balance | $10,865,101 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,086,322 | BeginningYearBalanceAmt |
| Contributions | $43,849 | ContributionsAmt |
| Investment Earnings Or Losses | $894,187 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $369,200 | OtherExpendituresAmt |
| End Year Balance | $8,655,158 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,555,142 | BeginningYearBalanceAmt |
| Contributions | $18,046 | ContributionsAmt |
| Investment Earnings Or Losses | $782,143 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $269,009 | OtherExpendituresAmt |
| End Year Balance | $8,086,322 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.10430 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.77820 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.11750 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $577,066 | OtherCostOrOtherBasisAmt |
| Book Value | $577,066 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,056,399 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,166,596 | DepreciationAmt |
| Book Value | $16,889,803 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,973,925 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,759,533 | DepreciationAmt |
| Book Value | $1,214,392 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $267,050 | OtherCostOrOtherBasisAmt |
| Book Value | $267,050 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,948,311 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Funds Held For Others | $102,848 |
| Deferred Vendor Rebate | $186,694 |
| Interest Rate Swap | $3,563,076 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,852,618 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $23,893,048 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,196,664 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$3,032,488 | OtherRevenueAmt |
| Revenue Not Reported | -$1,835,824 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,728,872 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $61,715 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $5,100,819 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,162,534 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $30,891,406 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,803,011 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,803,011 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $61,715 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $5,100,819 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,162,534 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,965,545 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The collection helps to explain the history of the academy as well as the alumni who attended the school. |
| Part V, Line 4: | To provide support for various activities of the academy, including provision for financial aid and related expenditures. |
| Part XI, Line 2d - Other Adjustments: | Change In Value of Split-Interest Agreements 169,197. Change In Fair Value of Interest Rate Swap Liability 1,394,480. Change In Pledge Discounting and Allowance For Pledges -4,596,165. |
| Part XI, Line 4b - Other Adjustments: | Financial Aid 5,100,819. |
| Part XII, Line 4b - Other Adjustments: | Financial Aid 5,100,819. |
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 | Hebron Academy publicizes its policy through student and staff handbooks as well as other publicized advertisements. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marts & Lundy | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 Wall Street West | AddressLine1Txt |
| City | Lyndhurst | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Fundraising Consulting | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $28,913 | RetainedByContractorAmt |
| Net To Organization | -$28,913 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $28,913 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$28,913 | TotalNetToOrganizationAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Student Financial Aid | GrantTypeTxt |
| Recipient | 185 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $5,100,819 | NonCashAssistanceAmt |
| Valuation Method Used | Direct Discount of Tuition | ValuationMethodUsedDesc |
| Non Cash Assistance | Reduction of Tuition Due From Recipient | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grant funds are a direct reduction of student tuition. Therefore, additional monitoring is not deemed to be necessary. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John King | PersonNm |
| Title | Past Head of School | TitleTxt |
| Base Compensation Filing Org | $154,752 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $4,558 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $11,244 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $2,112 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $172,666 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | The Head of School at Hebron Academy is provided with housing located on the Hebron Academy campus. This is in accordance with an employment agreement stipulating that the Head of School is required to live on the grounds of the campus. A discretionary allowance is also available for reimbursement of housing related costs, such as maintenance and cleaning. | ExplanationTxt |
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 | Finance Authority of Maine | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 010392006 | BondIssuerEIN |
| Bond Issued | 2017-05-05 | BondIssuedDt |
| Issue Price | $14,700,000 | IssuePriceAmt |
| Purpose | Refinance of 2007 Finance Authority of Maine Bond | 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 | $14,700,000 | TotalProceedsAmt |
| Other Spent Proceeds | $14,700,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2017 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 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 | Deutsche Bank AG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 20.000000000000 | 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 | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Snow Squall LLC | |||||||
| Entity more than 35% owned by Clement Dwyer, Treasurer | Vehicle Purchase | Yes (X) | $32,645 | $23,928 | 0 | Yes (1) | Yes (1) |
| Snow Squall LLC | |||||||
| Entity more than 35% owned by Clement Dwyer, Treasurer | Building Improvements | Yes (X) | $300,000 | $300,000 | 0 | Yes (1) | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $323,928 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 32 | ContributionCnt |
| Noncash Contributions Rpt F990 | $601,093 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Stock Market Value | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $115,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Opinions of Experts | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | In-Kind Supplies | Desc |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Indeterminate Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 32b: | Should the Academy decide to sell an asset/artwork, the Board approves of this process and sells the item through an auction house or curator. |
| Part I, Line 33: | The Academy received various in-kind supplies during the year. The value of these in-kind contributions cannot be determined and thus, the Academy did not record any contribution revenue related to these items. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 4 | During the year, the Organization amended its bylaws in order to revise the length of terms served for board trustees. |
| Form 990, Part VI, Section B, line 11b | The draft Form 990 is reviewed by the whole Board of Trustees. Once accepted, the CFO and Business Manager will approve the efiling and sign the transmittal forms. |
| Form 990, Part VI, Section B, line 12c | Hebron Academy requires all individuals or companies with whom there might be a conflict of interest complete a conflict of interest statement. The Board of Trustees also requires the individual/company work with the Chief Financial Officer and Business Manager to craft a reason why the Academy would rather do business with the individual/company versus a competitor with no conflict of interest. All individuals or companies where there is a conflict of interest are reviewed each fiscal year and conflict of interest statements are updated. |
| Form 990, Part VI, Section B, line 15 | In the first board meeting of the calendar year, the board of trustees goes into executive session to review the Head of School, which is followed up with a review of the Head of School's performance at the summer board meeting. Compensation is then discussed for the next fiscal year based on performance and comparability data of other private schools. |
| Form 990, Part VI, Section C, line 19 | Available upon request at the business office. |
| Form 990, Part X, Line 10: Land, Buildings, and Equipment | Section 1.263(a)-3(n) Election: Hebron Academy Incorporated P.O. Box 309 Hebron, ME 04238 EIN 01-0224898 Section 1.263(a)-3(n) Election: Hebron Academy Incorporated is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). |
| Form 990, Part XI, line 9: | Change in Value of Split Interest Agreement 169,197. Change in Value of Interest Rate Swaps 1,394,480. Change in Pledge Discounting and Allowance for Pledges -4,596,165. |
| Form 990, Part XI, line 8: Prior Period Adjustment | The 2016 financial statements have been restated to record the Academy's interest rate swap liability and to reclassify certain net assets and related activity for adherence to specific donor restrictions that amounts be used to repay certain long-term debt. Unrestricted net assets decreased by $3,864,794 and temporarily restricted net assets increased by $139,370, as of July 1, 2015. In addition, unrestricted net assets decreased by $1,520,810, and temporarily restricted net assets increased by an additional $288,678, for the year ended June 30, 2016. |