CAROLINA FRIENDS SCHOOL: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CAROLINA FRIENDS SCHOOL (EIN 56-0812560)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-21
- IRS object ID
- 201700529349300540
- Schema version
- 2015v3.0
- 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 I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-21T15:29:46-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560570567 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | D M J & CO PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 703 GREEN VALLEY ROAD SUITE 201 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560812560 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA FRIENDS SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARO | BusinessNameControlTxt |
| Phone | 9193836602 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4809 FRIENDS SCHOOL ROAD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RENEE PRILLAMAN | PersonNm |
| Person Title | INTERIM HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 9193836602 | PhoneNum |
| Signature | 2017-02-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ARTHUR M WINSTEAD JR CPA | PreparerPersonNm |
| PTIN | P00002868 | PTIN |
| Phone | 3362759886 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RENEE PRILLAMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4809 FRIENDS SCHOOL ROAD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,276,515 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CFSNC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | CAROLINA FRIENDS SCHOOL IS A VIBRANT AND INCLUSIVE LEARNING COMMUNITY EMPOWERING STUDENTS TO THINK CRITICALLY, CREATIVELY, AND INDEPENDENTLY. WE FOSTER ACTIVE EXPLORATION AND QUIET REFLECTION, INDIVIDUAL ENDEAVOR AND COLLABORATIVE ENGAGEMENT. INSPIRED BY QUAKER VALUES PURSUIT OF TRUTH, RESPECT FOR ALL, PEACEFUL RESOLUTION OF CONFLICT, SIMPLICITY, THE CALL TO SERVICE WE TEACH OUR CHILDREN THAT IT IS POSSIBLE TO CHANGE THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 265 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,818,031 | PYContributionsGrantsAmt |
| CY Contributions Grants | $984,425 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,719,409 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,116,746 | CYProgramServiceRevenueAmt |
| PY Investment Income | $821,479 | PYInvestmentIncomeAmt |
| CY Investment Income | $114,208 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $2,416 | CYOtherRevenueAmt |
| PY Total Revenue | $12,358,919 | PYTotalRevenueAmt |
| CY Total Revenue | $11,217,795 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $903,616 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $993,537 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,209,754 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,380,470 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $340,906 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,131,209 | PYOtherExpensesAmt |
| CY Other Expenses | $2,508,111 | CYOtherExpensesAmt |
| PY Total Expenses | $11,244,579 | PYTotalExpensesAmt |
| CY Total Expenses | $10,882,118 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,114,340 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $335,677 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $31,542,701 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,356,577 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,879,445 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,958,394 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,663,256 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,398,183 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CAROLINA FRIENDS SCHOOL IS A VIBRANT AND INCLUSIVE LEARNING COMMUNITY EMPOWERING STUDENTS TO THINK CRITICALLY, CREATIVELY, AND INDEPENDENTLY. WE FOSTER ACTIVE EXPLORATION AND QUIET REFLECTION, INDIVIDUAL ENDEAVOR, AND COLLABORATIVE ENGAGEMENT. INSPIRED BY QUAKER VALUES, PURSUIT OF TRUTH, RESPECT FOR ALL, PEACEFUL RESOLUTION OF CONFLICT, SIMPLICITY, THE CALL TO SERVICE, WE TEACH OUR CHILDREN THAT IT IS POSSIBLE TO CHANGE THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,869,161 | ExpenseAmt |
| Grant | $993,537 | GrantAmt |
| Revenue | $9,086,449 | RevenueAmt |
| Desc | PROVIDE EDUCATION TO STUDENTS FROM PRESCHOOL (3YEARS OLD) THROUGH UPPER SCHOOL (12TH GRADE). AT CAROLINA FRIENDS SCHOOL, LEARNING IS DYNAMIC, EXPERIENTIAL, AND INTERACTIVE. STUDENTS ENCOUNTER OPEN-ENDED QUESTIONS, UNDERTAKE ORIGINAL PROJECTS OF REAL RELEVANCE, EXPLORE THE NATURAL WORLD, AND IMMERSE THEMSELVES IN SERVICE LEARNING. IN DOING SO, THEY BUILD IMPRESSIVE POWERS OF CRITICAL, CREATIVE, AND INDEPENDENT THINKING AND EXPRESSION. IT IS AN EXCEPTIONAL EDUCATION SHAPED BY A CLEAR SET OF BELIEFS, A COMMITMENT TO QUAKER VALUES, A LOVE OF CHILDREN, AND A SENSE OF HOPE FOR THE COMMUNITIES, LOCAL AND GLOBAL, THEY WILL SOON LEAD AND SERVE. AT THE END OF THE SCHOOL YEAR 2015/2016, THERE WERE 510 STUDENTS ENROLLED IN THE SCHOOL. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,046,258 | ExpenseAmt |
| Revenue | $1,030,297 | RevenueAmt |
| Desc | AUXILIARY SERVICES FOR CAROLINA FRIENDS SCHOOL INCLUDE AFTER SCHOOL CARE AND SUMMER PROGRAMS. AFTER SCHOOL CARE IS OFFERED IN THE LOWER AND MIDDLE SCHOOLS UNTIL 5:45 PM EACH SCHOOL DAY. OUR SUMMER PROGRAMS OFFER A VARIETY OF WEEKLY CAMPS TO THE COMMUNITY. THE CAMPS ARE EXTREMELY SUCCESSFUL AND PROVIDE AN OUTREACH TO A WIDE VARIETY OF FAMILIES IN THE AREA. THERE WERE APPROXIMATELY 1200 STUDENTS INVOLVED IN AUXILIARY ACTIVITIES IN SCHOOL YEAR 2015/2016. MANY STUDENTS ARE INVOLVED IN MORE THAN ONE ACTIVITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,915,419 | 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 |
| 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 265 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | 0 | 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 | KATIE COLLINI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9193836602 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4809 FRIENDS SCHOOL RD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| BOND TOM | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CAMPION MARGY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHAPMAN LARRY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DILIBERTI JOHN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DRAKE MATT | |||||||
| RECORDING CLERK | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| FODCHUK AMOS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MOONEY HOPIE FULKERSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREEN MARSHA | |||||||
| CLERK OF BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JENKINS BILL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KUHN MARK | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KLOPFER MARTHA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KLOPFER PETER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MANN PAT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARR DICK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARDSON JOHN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RINGWALT CHRIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SAFI OMID | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ST CLAIR JOHN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SMITH CHARI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TRUAX HAWLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VANGSNES NIKKI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VELTO BILL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WEBBER BUFFIE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WONG FELIX | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HANAS MICHAEL | |||||||
| HEAD OF SCHOOL-FORMER | 40.00 | $150,194 | $0 | $30,043 | Yes (X) | ||
| COLLINI KATIE | |||||||
| DIRECTOR OF FINANCE AND HU | 40.00 | $99,686 | $0 | $28,122 | Yes (X) | ||
| PRILLAMAN ANTHOLENE | |||||||
| INTERIM HEAD OF SCHOOL | 40.00 | $111,209 | $0 | $16,498 | Yes (X) | ||
| GUILLORY SHARON | |||||||
| DIRECTOR OF TECHNOLOGY | 40.00 | $103,126 | $0 | $19,342 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $464,215 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $94,005 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CT WILSON | |||||
| PO BOX 2011 | DURHAM | NC | 27702 | CONSTRUCTION SERVICES | $1,279,615 |
| BLUE CROSS BLUE SHIELD | |||||
| PO BOX 580011 | CHARLOTTE | NC | 28258 | HEALTH INSURANCE | $727,068 |
| WEINSTEIN FRIEDLEIN ARCHITECTS | |||||
| 302 W PETTIGREW ST | DURHAM | NC | 27701 | ARCHITECTURAL SERVICES | $283,289 |
| RANDY W JONES GRADING CO INC | |||||
| PO BOX 1016 | HILLSBOROUGH | NC | 27278 | GRADING SERVICES | $108,562 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $984,425 | AllOtherContributionsAmt |
| Noncash Contributions | $123,421 | NoncashContributionsAmt |
| Total Contributions | $984,425 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611110 | $9,086,449 | $9,086,449 |
| AUXILIARY SERVICES | 611110 | $1,030,297 | $1,030,297 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,116,746 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $101,053 | TotalRevenueColumnAmt |
| Exclusion | $101,053 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $70,875 | SecuritiesAmt |
| Other | $1,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $58,720 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $70,875 | SecuritiesAmt |
| Other | -$57,720 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,155 | TotalRevenueColumnAmt |
| Exclusion | $13,155 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INSURANCE REIMBURSEMENT | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $2,416 | TotalRevenueColumnAmt |
| Exclusion | $2,416 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,416 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,217,795 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,116,746 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $116,624 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $993,537 | TotalAmt |
| Program Services | $993,537 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $443,724 | TotalAmt |
| Program Services | $78,728 | ProgramServicesAmt |
| Management And General | $286,268 | ManagementAndGeneralAmt |
| Fundraising | $78,728 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,062,871 | TotalAmt |
| Program Services | $4,312,527 | ProgramServicesAmt |
| Management And General | $638,611 | ManagementAndGeneralAmt |
| Fundraising | $111,733 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,166 | TotalAmt |
| Program Services | $245,029 | ProgramServicesAmt |
| Management And General | $48,557 | ManagementAndGeneralAmt |
| Fundraising | $7,580 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,161,758 | TotalAmt |
| Program Services | $944,330 | ProgramServicesAmt |
| Management And General | $145,270 | ManagementAndGeneralAmt |
| Fundraising | $72,158 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,951 | TotalAmt |
| Program Services | $315,401 | ProgramServicesAmt |
| Management And General | $79,858 | ManagementAndGeneralAmt |
| Fundraising | $15,692 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,730 | TotalAmt |
| Management And General | $8,730 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,491 | TotalAmt |
| Management And General | $38,491 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,486 | TotalAmt |
| Management And General | $71,486 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,745 | TotalAmt |
| Program Services | $20,639 | ProgramServicesAmt |
| Management And General | $102,106 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $800 | TotalAmt |
| Fundraising | $800 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,774 | TotalAmt |
| Program Services | $126,802 | ProgramServicesAmt |
| Management And General | $19,861 | ManagementAndGeneralAmt |
| Fundraising | $6,111 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,500 | TotalAmt |
| Program Services | $100,659 | ProgramServicesAmt |
| Management And General | $2,649 | ManagementAndGeneralAmt |
| Fundraising | $192 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,480 | TotalAmt |
| Program Services | $339,140 | ProgramServicesAmt |
| Management And General | $18,227 | ManagementAndGeneralAmt |
| Fundraising | $9,113 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,374 | TotalAmt |
| Program Services | $47,303 | ProgramServicesAmt |
| Management And General | $2,714 | ManagementAndGeneralAmt |
| Fundraising | $1,357 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OPERATING SUPPLIES | $860,807 | $759,345 | $80,523 | $20,939 |
| PHYSICAL PLANT REPIARS | $466,129 | $435,846 | $22,827 | $7,456 |
| STAFF DEVELOPMENT AND C | $143,363 | $124,685 | $13,635 | $5,043 |
| COMMUNICATION | $61,271 | $50,091 | $8,515 | $2,665 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,161 | TotalAmt |
| Program Services | $21,357 | ProgramServicesAmt |
| Management And General | $37,465 | ManagementAndGeneralAmt |
| Fundraising | $1,339 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,882,118 | TotalAmt |
| Program Services | $8,915,419 | ProgramServicesAmt |
| Management And General | $1,625,793 | ManagementAndGeneralAmt |
| Fundraising | $340,906 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103 | BOYAmt |
| EOY | $101 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,194,232 | BOYAmt |
| EOY | $7,062,143 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,201 | BOYAmt |
| EOY | $727,181 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,786 | BOYAmt |
| EOY | $988,363 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,428 | BOYAmt |
| EOY | $183,285 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,182,411 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,789,555 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,681,883 | BOYAmt |
| EOY | $12,392,856 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,491,843 | BOYAmt |
| EOY | $9,931,423 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,225 | BOYAmt |
| EOY | $71,225 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,542,701 | BOYAmt |
| EOY | $31,356,577 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,152,419 | BOYAmt |
| EOY | $686,121 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,231,410 | BOYAmt |
| EOY | $3,824,869 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,616 | BOYAmt |
| EOY | $447,404 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,879,445 | BOYAmt |
| EOY | $4,958,394 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,249,775 | BOYAmt |
| EOY | $15,049,557 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,002,840 | BOYAmt |
| EOY | $4,879,594 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,410,641 | BOYAmt |
| EOY | $6,469,032 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,663,256 | BOYAmt |
| EOY | $26,398,183 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,542,701 | BOYAmt |
| EOY | $31,356,577 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $335,677 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$600,750 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,594,716 | BeginningYearBalanceAmt |
| Contributions | $421 | ContributionsAmt |
| Investment Earnings Or Losses | -$455,645 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $71,463 | AdministrativeExpensesAmt |
| End Year Balance | $10,068,029 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,359,675 | BeginningYearBalanceAmt |
| Contributions | $132 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,378 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $80,371 | GrantsOrScholarshipsAmt |
| Other Expenditures | $631,400 | OtherExpendituresAmt |
| Administrative Expenses | $49,942 | AdministrativeExpensesAmt |
| End Year Balance | $10,594,716 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,244,532 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,525,324 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $80,066 | GrantsOrScholarshipsAmt |
| Other Expenditures | $281,674 | OtherExpendituresAmt |
| Administrative Expenses | $48,441 | AdministrativeExpensesAmt |
| End Year Balance | $11,359,675 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,989,904 | BeginningYearBalanceAmt |
| Contributions | $5,243 | ContributionsAmt |
| Investment Earnings Or Losses | $1,662,483 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $77,407 | GrantsOrScholarshipsAmt |
| Other Expenditures | $275,941 | OtherExpendituresAmt |
| Administrative Expenses | $59,750 | AdministrativeExpensesAmt |
| End Year Balance | $9,244,532 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,495,261 | BeginningYearBalanceAmt |
| Contributions | $25,279 | ContributionsAmt |
| Investment Earnings Or Losses | -$119,860 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $77,406 | GrantsOrScholarshipsAmt |
| Other Expenditures | $275,948 | OtherExpendituresAmt |
| Administrative Expenses | $57,422 | AdministrativeExpensesAmt |
| End Year Balance | $7,989,904 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.11000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.53000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.36000 | 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 | $2,426,291 | OtherCostOrOtherBasisAmt |
| Book Value | $2,426,291 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,465,949 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,531,724 | DepreciationAmt |
| Book Value | $8,934,225 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $353,315 | OtherCostOrOtherBasisAmt |
| Depreciation | $257,831 | DepreciationAmt |
| Book Value | $95,484 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $936,856 | OtherCostOrOtherBasisAmt |
| Book Value | $936,856 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $12,392,856 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIABILITY UNDER LIFE ESTATE-PRESENT VALUE-CHARITABLE REMAINDER TRUST | Desc |
| Amt | $447,404 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $447,404 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,623,508 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$600,750 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$600,750 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,224,258 | RevenueSubtotalAmt |
| Other Revenues Not Included | $993,537 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $993,537 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,217,795 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,888,581 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,888,581 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $993,537 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $993,537 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,882,118 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE MAJORITY OF OUR ENDOWMENT IS FOR STAFF SALARIES AND TUITION AID FOR OUR STUDENTS. WE ALSO HAVE AN ENDOWMENT FOR MAINTENANCE, STAFF DEVELOPMENT, TECHNOLOGY, OUR YEAR END SERVICE PROJECTS, ATHLETICS AND ADVANCING OUR MISSION. |
| PART X, LINE 2: | THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE SCHOOL BELIEVES THE TOTAL AMOUNT OF UNCERTAIN INCOME TAX POSITION LIABILITIES AND RELATED ACCRUED INTEREST ARE NOT MATERIAL TO ITS FINANCIAL POSITION. AS OF JUNE 30, 2016 AND INCLUDING THE PREVIOUS THREE YEARS CONSIDERING EXTENSIONS, THE SCHOOLS FORM 990 IS OPEN AND SUBJECT TO EXAMINATION BY TAX AUTHORITIES WITH RELEVANT JURISDICTION. SHOULD SUCH AN EXAMINATION TAKE PLACE, MANAGEMENT DOES NOT ANTICIPATE ANY SIGNIFICANT ISSUES RELATED TO THE OPEN YEARS |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED ON AUDITED FINANCIAL STATEMENTS 993,537. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED ON AUDITED FINANCIAL STATEMENTS 993,537. |
| SCHEDULE D, PART XII LINE 4B | SCHEDULE D, PART XII LINE 4B: FINANCIAL AID IS DEDUCTED IN THE AUDITED FINANCIAL STATEMENTS FROM REVENUES AND EXPENSES FOLLOWING THE PRINCIPAL THAT AID IS PREDOMINATELY TUITION DISCOUNT. |
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 | WE USE OUR WEBSITE TO PROVIDE OUR NONDISCRIMINATORY POLICY TO THE GENERAL PUBLIC. | ExplanationTxt |
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 | FINANCIAL AID ASSISTANCE TOWARDS THE COST OF ATTENDING CAROLINA FRIENDS SCHOOL | GrantTypeTxt |
| Recipient | 128 | RecipientCnt |
| Non Cash Assistance | $993,537 | NonCashAssistanceAmt |
| Valuation Method Used | ACTUAL FINANCIAL AID AWARDED | ValuationMethodUsedDesc |
| Non Cash Assistance | EACH STUDENT'S ACCOUNT IS CREDITED THE AMOUNT OF THE FINANCIAL AID AWARD. THIS AMOUNT OFFSETS THE AMOUNT OF TUITION. CAROLINA FRIENDS SCHOOL USES THE TADS SYSTEM TO PROVIDE A FAIR ANALYSIS OF FINANCIAL DATA SUBMITTED BY PARENTS TO RECEIVE FINANCIAL AID. OUR FINANCIAL AID BUDGET IS 11.88% OF THE BUDGETED TUITION REVENUE AND COMES FROM A COMBINATION OF TUITION DISCOUNTING AND FINANCIAL AID ENDOWMENT EARNINGS. PARENTS APPLY FOR FINANCIAL AID ANSWERING QUESTIONS ABOUT THEIR FINANCES AND LATEST TAX RETURNS. THE TADS SYSTEM ANALYZES THE DATA SUBMITTED AND MAKES RECOMMENDATIONS FOR THE LEVEL OF FUNDING THE SCHOOL SHOULD AWARD. OUR FINANCIAL AID COMMITTEE MEETS AND DISCUSSES EVERY FINANCIAL AID APPLICATION. THE SCHOOL AWARDS UP TO 90% OF TUITION COSTS BASED ON THE TADS INFORMATION. FINANCIAL AID AWARDS DEPEND ON THE BUDGETED AMOUNT FOR FINANCIAL AID AND THE NUMBER OF APPLICANTS APPLYING FOR AID IN A GIVEN YEAR AS WELL AS THE TADS INFORMATION. | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | EACH STUDENT'S ACCOUNT IS CREDITED THE AMOUNT OF THE FINANCIAL AID AWARD. THIS AMOUNT OFFSETS THE AMOUNT OF TUITION. CAROLINA FRIENDS SCHOOL USES THE TADS SYSTEM TO PROVIDE A FAIR ANALYSIS OF FINANCIAL DATA SUBMITTED BY PARENTS TO RECEIVE FINANCIAL AID. OUR FINANCIAL AID BUDGET IS 11.88% OF THE BUDGETED TUITION REVENUE AND COMES FROM A COMBINATION OF TUITION DISCOUNTING AND FINANCIAL AID ENDOWMENT EARNINGS. PARENTS APPLY FOR FINANCIAL AID ANSWERING QUESTIONS ABOUT THEIR FINANCES AND LATEST TAX RETURNS. THE TADS SYSTEM ANALYZES THE DATA SUBMITTED AND MAKES RECOMMENDATIONS FOR THE LEVEL OF FUNDING THE SCHOOL SHOULD AWARD. OUR FINANCIAL AID COMMITTEE MEETS AND DISCUSSES EVERY FINANCIAL AID APPLICATION. THE SCHOOL AWARDS UP TO 90% OF TUITION COSTS BASED ON THE TADS INFORMATION. FINANCIAL AID AWARDS DEPEND ON THE BUDGETED AMOUNT FOR FINANCIAL AID AND THE NUMBER OF APPLICANTS APPLYING FOR AID IN A GIVEN YEAR AS WELL AS THE TADS INFORMATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 | HANAS MICHAEL | PersonNm |
| Title | HEAD OF SCHOOL-FORMER | TitleTxt |
| Base Compensation Filing Org | $150,194 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $11,370 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $18,673 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $180,237 | 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 3 | FormAndLineReferenceDesc |
| Explanation | THE PRINCIPAL'S PERFORMANCE IS REVIEWED ANNUALLY BY A BOARD COMMITTEE AND HIS SALARY IS SET BY THE BOARD OF TRUSTEES WITH THE DELIBERATION NOTED IN THE BOARD'S MEETING MINUTES. PERIODICALLY THE BOARD COMMITTEE WILL REVIEW THE PRINCIPAL'S SALARY AGAINST BENCHMARKS (WITH PEER INSTITUTIONS, SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS, AND FRIENDS COUNCIL ON EDUCATION PROVIDING BENCHMARK INFORMATION)FOR APPROPRIATENESS. IN YEARS WITHOUT SUBSTANTIAL CHANGE TO THE PRINCIPAL'S SALARY, THE PRINCIPAL'S SALARY IS ADJUSTED THE SAME AS OTHER STAFF. FINAL DECISIONS ARE COMMUNICATED IN WRITING TO THE PRINCIPAL IN THE FORM OF A CONTRACT. BOARD MEMBERS ARE NOT COMPENSATED BY THE SCHOOL. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| NIKKI VANGSNES | |||
| BOARD MEMBER IS SPOUSE OF CFS STAFF PERSON | $55,646 | SALARY AND WAGES PAID TO STAFF PERSON SPOUSE JAMIE HYSJULIEN | 0 |
| HOPIE MOONEY | |||
| BOARD MEMBER IS SISTER OF CFS STAFF PERSON | $42,200 | SALARY AND WAGES PAID TO CFS STAFF PERSON WILLIAM FULKERSON | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 16 | ContributionCnt |
| Noncash Contributions Rpt F990 | $123,421 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVERAGE MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL UTILIZES AN INDEPENDENT BROKER TO SELL NON CASH GIFT CONTRIBUTIONS OF STOCK AND SECURITIES | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE COMMUNITY WHERE THE ORGANIZATION IS LOCATED IS A SMALL TO MEDIUM SIZED COMMUNITY AND IN THE COURSE OF BUSINESS BOARD MEMBERS AND TRUSTEES MAY HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER. TWO BOARD MEMBERS HAVE A FAMILIAL RELATIONSHIP WITH EACH OTHER. |
| FORM 990, PART VI, SECTION B, LINE 11 | AN ELECTRONIC COPY OF THE FORM 990 RETURN IS SENT TO ALL BOARD OF TRUSTEE MEMBERS. THEY ARE ENCOURAGED TO REVIEW THE FORM 990 RETURN AND ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS PRIOR TO THE FILING OF THE 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AT THE FIRST BOARD MEETING OF THE SCHOOL YEAR. ANY POTENTIAL AREAS OF CONFLICT ARE REFLECTED ON THE SIGNED STATEMENT. EACH BOARD MEMBER IS RESPONSIBLE FOR IDENTIFYING ANY AREA HE/SHE THINKS MAY BE A CONFLICT OF INTEREST WHEN A TOPIC IS BROUGHT UP AT A BOARD MEETING OR A COMMITTEE MEETING. IF THE GROUP DETERMINES THERE MAY BE A CONFLICT OF INTEREST, THE MEMBER WILL EXCUSE HIM/HERSELF FROM THE DISCUSSION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PRINCIPAL'S PERFORMANCE IS REVIEWED ANNUALLY BY A BOARD COMMITTEE AND HIS SALARY IS SET BY THE BOARD OF TRUSTEES WITH THE DELIBERATION NOTED IN THE BOARD'S MEETING MINUTES. PERIODICALLY THE BOARD COMMITTEE WILL REVIEW THE PRINCIPAL'S SALARY AGAINST BENCHMARKS (WITH PEER INSTITUTIONS, SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS, AND FRIENDS COUNCIL ON EDUCATION PROVIDING BENCHMARK INFORMATION)FOR APPROPRIATENESS. IN YEARS WITHOUT SUBSTANTIAL CHANGE TO THE PRINCIPAL'S SALARY, THE PRINCIPAL'S SALARY IS ADJUSTED THE SAME AS OTHER STAFF. FINAL DECISIONS ARE COMMUNICATED IN WRITING TO THE PRINCIPAL IN THE FORM OF A CONTRACT. BOARD MEMBERS ARE NOT COMPENSATED BY THE SCHOOL. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS RESIDE IN THE OFFICE OF THE DIRECTOR OF FINANCE AND HUMAN RESOURCES. ANYONE INTERESTED IN THESE DOCUMENTS CAN SEE THEM DURING THE DIRECTOR OF FINANCE AND HUMAN RESOURCES OFFICE HOURS 8:30AM - 4:30PM MONDAY THROUGH FRIDAY. |
| FORM 990 PART XII, LINE 2C | THE BOARD OF TRUSTEES DELEGATES THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT TO THE BOARD OF TRUSTEES AUDIT COMMITTEE. |