MADEIRA SCHOOL INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MADEIRA SCHOOL INC (EIN 54-0505925)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-12
- IRS object ID
- 201711329349303691
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-12T12:23:56-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 222428965 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVE SUITE 1012 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | 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 | 540505925 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MADEIRA SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MADE | BusinessNameControlTxt |
| Phone | 7035568241 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8328 GEORGETOWN PIKE | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 221021203 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEX HEIBERGER | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7035568241 | PhoneNum |
| Signature | 2017-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN J GIGANTI | PreparerPersonNm |
| PTIN | P00646609 | PTIN |
| Phone | 3016549000 | 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 | ALEXANDER C HEIBERGER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8328 GEORGETOWN PIKE | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 221021203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,713,482 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MADEIRA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1906 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | MADEIRA IS A GIRLS SCHOOL BY DESIGN WHERE EVERY ASPECT OF ACADEMIC, SOCIAL AND ATHLETIC LIFE IS DIRECTED TOWARD EDUCATING THE NEXT GENERATION OF YOUNG WOMEN FOR LEADERSHIP. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 308 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $103,780 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$12,874 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,273,889 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,204,616 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,199,464 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,752,306 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,428,277 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,270,255 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $32,901,630 | PYTotalRevenueAmt |
| CY Total Revenue | $27,227,177 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,264,941 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,389,971 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,885,026 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,260,791 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $114,342 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,666,470 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,747,119 | PYOtherExpensesAmt |
| CY Other Expenses | $9,854,411 | CYOtherExpensesAmt |
| PY Total Expenses | $23,011,428 | PYTotalExpensesAmt |
| CY Total Expenses | $23,505,173 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,890,202 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,722,004 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $151,104,277 | TotalAssetsBOYAmt |
| Total Assets EOY | $157,333,881 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,520,384 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,831,092 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $117,583,893 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $123,502,789 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | EDUCATION - FOUNDED IN 1906, MADEIRA IS A BOARDING AND DAY COLLEGE PREPARTORY SCHOOL FOR GIRLS IN GRADES NINE THROUGH TWELVE. MADEIRA IS A GIRLS SCHOOL BY DESIGN WHERE EVERY ASPECT OF ACADEMIC, SOCIAL AND ATHLETIC LIFE IS DIRECTED TOWARD EDUCATING THE NEXT GENERATION OF YOUNG WOMEN FOR LEADERSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,559,591 | ExpenseAmt |
| Grant | $3,389,971 | GrantAmt |
| Revenue | $17,648,526 | RevenueAmt |
| Desc | BOARDING SCHOOL FOR GIRLS PROVIDING HIGH SCHOOL EDUCATION (313 STUDENTS) | Desc |
| Total Program Service Expenses | $18,559,591 | 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 | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 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 | 0 | 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 | 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 | 57 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 308 | 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 | 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 | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER C HEIBERGER CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7035568241 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THE MADEIRA SCHOOL | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 221021203 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| CATHY HARRIS SHRAGA | ||||||
| PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JANE KRUMRINE LAWSON-BELL | ||||||
| VICE PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| HEATHER KIRBY | ||||||
| VICE PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| HARRY KLAFF | ||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANNE MURRAY GAMBAL | ||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PILAR CABEZA DE VACA | ||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | Yes (X) | $262,460 | $0 | $88,490 |
| PHILLIP ALVELDA | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MARYETTA ANSCHUTZ | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| KATHERINE ARMSTRONG | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| BROOKE STROUD CARNOT | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| GAITHER SMOOT DEATON | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM F DUNBAR | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD P HALL | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH MEEHAN HEWITT | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| PAGE HOPKINS | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| KIMBERLY HUGHES-MOAZED | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| HUBIN JIANG | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| HEATHER MUIR KIRBY | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| LOUISE STILLMAN LEHRMAN | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| TIM H MEYERS | ||||||
| DIRECTOR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NANCY MILLER MONTGOMERY | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH BREUL O'ROURKE | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| REENA LAWANDE PANDE | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| KUMEA SHORTER-GOODEN | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ANNE B SKAE | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MARGARET SOTOS | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| GORDON M THOMAS | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ANITA PATEL TOLANI | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ALEXANDER C HEIBERGER | ||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $201,282 | $0 | $46,558 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $463,742 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $135,048 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JAMES G DAVIS CONSTRUCTION | |||||
| 12530 PARKLAWN DRIVE | ROCKVILLE | MD | 20852 | CONSTRUCTION | $6,749,134 |
| SODEXHO INC & AFFILIATES | |||||
| 9801 WASHINGTON BOULEVARD | GAITHERSBURG | MD | 20878 | FOOD SERVICE | $591,103 |
| RED COATS INC | |||||
| 4401 EAST WEST HIGHWAY | BETHESDA | MD | 20814 | CLEANING SERVICES | $589,284 |
| CALVERT-JONES CO INC | |||||
| 5703 EDSALL ROAD | ALEXANDRIA | VA | 22314 | CONSTRUCTION | $505,663 |
| ADMIRAL SECURITY SERVICES | |||||
| 4520 EAST WEST HIGHWAY 101 | BETHESDA | MD | 20814 | SECURITY | $242,255 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $8,204,616 | AllOtherContributionsAmt |
| Noncash Contributions | $592,416 | NoncashContributionsAmt |
| Total Contributions | $8,204,616 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION & BOARD | 900099 | $15,835,760 | $15,835,760 | |
| AUXILIARY ACTIVITIES | 900099 | $1,916,546 | $1,812,766 | $103,780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,752,306 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $951,766 | TotalRevenueColumnAmt |
| Exclusion | $951,766 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,804,293 | SecuritiesAmt |
| Other | $501 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,486,305 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $317,988 | SecuritiesAmt |
| Other | $501 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $318,489 | TotalRevenueColumnAmt |
| Exclusion | $318,489 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,227,177 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,648,526 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $103,780 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,270,255 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,389,971 | TotalAmt |
| Program Services | $3,389,971 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $969,073 | TotalAmt |
| Management And General | $969,073 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,443,695 | TotalAmt |
| Program Services | $5,898,517 | ProgramServicesAmt |
| Management And General | $685,479 | ManagementAndGeneralAmt |
| Fundraising | $859,699 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $527,498 | TotalAmt |
| Program Services | $425,370 | ProgramServicesAmt |
| Management And General | $44,639 | ManagementAndGeneralAmt |
| Fundraising | $57,489 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $732,739 | TotalAmt |
| Program Services | $593,539 | ProgramServicesAmt |
| Management And General | $60,009 | ManagementAndGeneralAmt |
| Fundraising | $79,191 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $587,786 | TotalAmt |
| Program Services | $428,256 | ProgramServicesAmt |
| Management And General | $97,154 | ManagementAndGeneralAmt |
| Fundraising | $62,376 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,774 | TotalAmt |
| Management And General | $33,774 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,825 | TotalAmt |
| Management And General | $89,825 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,676 | TotalAmt |
| Management And General | $378,676 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,792,079 | TotalAmt |
| Program Services | $2,161,383 | ProgramServicesAmt |
| Management And General | $266,329 | ManagementAndGeneralAmt |
| Fundraising | $364,367 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $923,502 | TotalAmt |
| Program Services | $619,611 | ProgramServicesAmt |
| Management And General | $138,646 | ManagementAndGeneralAmt |
| Fundraising | $165,245 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,988 | TotalAmt |
| Program Services | $67,988 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,227,944 | TotalAmt |
| Program Services | $3,227,944 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,895 | TotalAmt |
| Program Services | $85,838 | ProgramServicesAmt |
| Management And General | $47,630 | ManagementAndGeneralAmt |
| Fundraising | $45,427 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,254 | TotalAmt |
| Program Services | $166,745 | ProgramServicesAmt |
| Management And General | $97,413 | ManagementAndGeneralAmt |
| Fundraising | $12,096 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,994 | TotalAmt |
| Management And General | $28,994 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,452,001 | TotalAmt |
| Program Services | $1,452,001 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,463 | TotalAmt |
| Program Services | $28,022 | ProgramServicesAmt |
| Management And General | $243,182 | ManagementAndGeneralAmt |
| Fundraising | $259 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER MGT & GENERAL COS | Desc |
| Total | $133,016 | TotalAmt |
| Program Services | $14,406 | ProgramServicesAmt |
| Management And General | $98,289 | ManagementAndGeneralAmt |
| Fundraising | $20,321 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,505,173 | TotalAmt |
| Program Services | $18,559,591 | ProgramServicesAmt |
| Management And General | $3,279,112 | ManagementAndGeneralAmt |
| Fundraising | $1,666,470 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,460,470 | BOYAmt |
| EOY | $17,382,035 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,880,088 | BOYAmt |
| EOY | $10,371,687 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $961,119 | BOYAmt |
| EOY | $2,198,021 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,903 | BOYAmt |
| EOY | $110,959 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $452,274 | BOYAmt |
| EOY | $541,630 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $77,968,192 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,227,907 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,157,808 | BOYAmt |
| EOY | $60,740,285 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,359,319 | BOYAmt |
| EOY | $30,985,683 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,222,226 | BOYAmt |
| EOY | $31,090,762 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,493,070 | BOYAmt |
| EOY | $3,912,819 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,104,277 | BOYAmt |
| EOY | $157,333,881 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,558,268 | BOYAmt |
| EOY | $2,225,108 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,490,623 | BOYAmt |
| EOY | $9,844,268 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,660,000 | BOYAmt |
| EOY | $16,030,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,843,601 | BOYAmt |
| EOY | $1,843,601 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,967,892 | BOYAmt |
| EOY | $3,888,115 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,520,384 | BOYAmt |
| EOY | $33,831,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,174,100 | BOYAmt |
| EOY | $51,822,823 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,715,495 | BOYAmt |
| EOY | $25,751,542 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,694,298 | BOYAmt |
| EOY | $45,928,424 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,583,893 | BOYAmt |
| EOY | $123,502,789 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,104,277 | BOYAmt |
| EOY | $157,333,881 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,722,004 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,258,699 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $3,455,591 | 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 | $63,253,288 | BeginningYearBalanceAmt |
| Contributions | $343,432 | ContributionsAmt |
| Investment Earnings Or Losses | $0 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,857,849 | OtherExpendituresAmt |
| End Year Balance | $60,738,871 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,364,276 | BeginningYearBalanceAmt |
| Contributions | $2,982,299 | ContributionsAmt |
| Investment Earnings Or Losses | $245,489 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,338,776 | OtherExpendituresAmt |
| End Year Balance | $63,253,288 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $56,003,553 | BeginningYearBalanceAmt |
| Contributions | $1,384,921 | ContributionsAmt |
| Investment Earnings Or Losses | $7,225,728 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,249,926 | OtherExpendituresAmt |
| End Year Balance | $62,364,276 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,721,133 | BeginningYearBalanceAmt |
| Contributions | $998,391 | ContributionsAmt |
| Investment Earnings Or Losses | $5,763,265 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,479,236 | OtherExpendituresAmt |
| End Year Balance | $56,003,553 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,890,087 | BeginningYearBalanceAmt |
| Contributions | $1,130,912 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,316,005 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,983,861 | OtherExpendituresAmt |
| End Year Balance | $51,721,133 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.09600 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.74480 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15920 | 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 | $236,766 | OtherCostOrOtherBasisAmt |
| Book Value | $236,766 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $66,066,521 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,662,536 | DepreciationAmt |
| Book Value | $54,403,985 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,636,187 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,102,166 | DepreciationAmt |
| Book Value | $534,021 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,028,718 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,463,205 | DepreciationAmt |
| Book Value | $5,565,513 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $60,740,285 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (11 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| EJF DEBT OPPORTUNITIES OFFSHORE | $895,058 | F |
| GF CAP PRIVATE FUND | $294,709 | F |
| GENERATION IM GLOBAL FUND | $6,223,536 | F |
| PERMAL MACRO HOLDINGS, LTD | $5,163,946 | F |
| LOOMIS SAYLES HIGH GRADE CORPORATE BONDS | $2,892,523 | F |
| SOMERSET SMALL MID CAP EM ALL COUNTRY FUND | $2,636,309 | F |
| BLUE TREND FUND LIMITED | $3,218,791 | F |
| EJF SPECIALTY FINANCE OPPORTUNITIES OFFSHORE | $868,197 | F |
| COMMONFUND GLOBAL DISTRESSED | $290,913 | F |
| STONE MILLINER MACRO FUND INC | $3,497,527 | F |
| WEATHERLOW OFFSHORE FUND 1, LTD | $5,109,253 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $31,090,762 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RATE SWAP AGREEMENT | Desc |
| Amt | $3,888,115 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,888,115 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $25,708,833 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,258,699 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $121,532 | OtherRevenueAmt |
| Revenue Not Reported | -$1,137,167 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,846,000 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $381,177 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $381,177 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $27,227,177 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $19,789,937 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $19,789,937 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $381,177 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,334,059 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,715,236 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,505,173 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE SCHOOL IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE SCHOOL HAS FILED FOR AND RECIEVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE SCHOOL FILES FORM 990 AND 990-T (INFORMATION AND TAX RETURNS) IN THE U.S. FEDERAL JURISDICTION AND THEIR EQUIVALENTS IN THE STATE OF VIRGINA. WITH FEW EXCPETIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2011. MANAGEMENT OF THE SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS LOSS ON FAIR VALUE OF INTEREST RATE SWAP AGREEMENT CHANGE IN VALUE OF CONTRIBUTIONS RECEIVABLE (BEGINNING VERSUS ENDING BALANCE FINANCIAL AID INCLUDED IN REVENUES FOR FINANCIAL STATEMENT PURPOSES |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID |
| USE OF ENDOWMENT FUNDS | SCHEDULE D, PART V, QUESTION 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 50 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. |
| USE OF ENDOWMENT FUNDS FIN 48 FOOTNOTE | THE SCHOOL IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. THE SCHOOL HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE SCHOOL FILES FORMS 990 AND 990-T (INFORMATION AND TAX RETURNS) IN THE FEDERAL JURISDICTION AND THEIR EQUIVALENTS IN THE STATE OF VIRGINIA. WITH FEW EXCPETIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2012. MANAGEMENT OF THE SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRES THE SCHOOL'S MAMAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT BY SUSTAINTED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE SCHOOL'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AT JUNE 30, 2016, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) O DISCLOSURE IN THE FINANCIAL STATEMENTS. |
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 | INCLUDED IN ALL NEWSPAPER ADVERTISEMENTS AND IN LISTING OF "BUNTING AND LYON DIRECTORY OF PRIVATE SCHOOLS". | 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 |
| 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 | GRAHAM-PELTON CONSULTING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 PENNSYLVANIA AVE NW 7TH FLOO | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | COUNSEL AND ADVICE | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $18,357 | RetainedByContractorAmt |
| Net To Organization | $0 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $18,357 | TotalRetainedByContractorsAmt |
| Licensed States | VA | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B, COLUMN (V) | FormAndLineReferenceDesc |
| Explanation | FUNDRAISING ADVICE AND COUNSEL. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID AWARDED TO 87 STUDENTS | GrantTypeTxt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION/FEES | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PERSONS RECEIVING GRANTS | FormAndLineReferenceDesc |
| Explanation | NOT REPORTING FINANCIAL AID BY STUDENT IS COVERED BY 20 U.S.C. 1232G. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PILAR CABEZA DE VACA | ||||||||||||||
| HEAD OF SCHOOL | $231,260 | $0 | $0 | $0 | $31,200 | $0 | $23,961 | $0 | $64,529 | $0 | $350,950 | $0 | $0 | $0 |
| ALEXANDER C HEIBERGER | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $201,282 | $0 | $0 | $0 | $0 | $0 | $12,005 | $0 | $34,553 | $0 | $247,840 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE VALUE OF HOUSING PROVIDED TO EMPLOYEES WHO LIVE ON CAMPUS IS BASED ON LOCAL REAL ESTATE RENTAL RATES FOR SIMILAR SIZED HOUSING AND IS INCLUDED IN TOTAL COMPENSATION FOR FORM 990 PURPOSES. |
| PART I, LINE 3 | THE COMPENSATION OF THE EMPLOYEES (OFFICERS) IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE SCHOOL PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION AGREEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. |
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 | FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 546001266 | BondIssuerEIN |
| Bond Issued | 2010-02-02 | BondIssuedDt |
| Issue Price | $18,965,000 | IssuePriceAmt |
| Purpose | REFUNDING OF SERIES 2003 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 |
| Retired | $18,965,000 | RetiredAmt |
| Total Proceeds | $18,965,000 | TotalProceedsAmt |
| Substantial Completion | 2006 | 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 | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Concerning UBI | 0.00040 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00040 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | Yes (1) | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 38 | ContributionCnt |
| Noncash Contributions Rpt F990 | $582,416 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | HORSES | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $10,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | PARRT I, LINES 9 AND 25 THE SCHOOL REPORTS THE CONTRIBUTION OF SECURITIES (PUBLICLY TRADED) AND HORSE AS SEPERATE GIFTS BASED ON THE NUMBER OF INSTANCES RECEIVED RATHER THAN A GIFT FOR EACH SHARE OR ITEM RECEIEVED. PART 1, LINES 9 AND 25, COLUMN D: THE SCHOOL DETERMINED THE METHOD OF REVENUES AS THE FAIR MARKET VALUE OF THE PUBLICLY TRADED SECURITIES ON THE DAY OF THE GIFT. WITH RESPECT TO GIFTS OF HORSES, FAIR MARKET VALUE IS DETERMINED BASED ON THE ANIMAL'S VALUE TO THE SCHOOL'S RIDING PROGRAM, WHICH MAY BE DIFFERENT FROM THEIR VALUE AS A SHOW HORSE. |
| PART I, LINE 32B: | THE SCHOOL USES A THIRD PARTY BROKERAGE FIRM TO SELL PUBLICLY TRADED STOCKS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 50 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE FIRST BOARD MEETING EACH FISCAL YEAR, BOARD MEMBERS AND KEY EMPLOYEES ARE GIVEN A FORM TO FILL OUT AND SIGN. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE SCHOOL PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILIARLY SITUATED ORGANIZATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | 990 IS MADE AVAILABLE UPON REQUEST. OTHER ORGANIZATIONAL DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC. |
| FORM 990, PART IX, LINE 11G | CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,161,383. MANAGEMENT AND GENERAL EXPENSES 266,329. FUNDRAISING EXPENSES 364,367. TOTAL EXPENSES 2,792,079. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -115,784. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -920,223. CHANGE IN CONTRIBUTIONS RECEIVABLE BETWEEN BEGINNING AND END OF YEAR 4,491,598. |
| FORM 990, PART XII, LINE 2C: | THERE HAS BEEN NO CHANGE IN THE PROCESS BY WHICH THE AUDIT COMMITTEE CONDUCTS AND APPROVES THE AUDIT. |