BULLIS SCHOOL INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- BULLIS SCHOOL INC (EIN 52-0635080)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-12
- IRS object ID
- 201721329349303847
- 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 | 2017-05-12T13:07:39-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9737 WASHINGTONIAN BLVD 400 | AddressLine1Txt |
| City | GAITHERSBURG | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 208787340 | 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 | 520635080 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BULLIS SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BULL | BusinessNameControlTxt |
| Phone | 3012998500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10601 FALLS ROAD | AddressLine1Txt |
| City | POTOMAC | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES MICHAEL REIDY | PersonNm |
| Person Title | ASSOCIATE HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 3012998500 | PhoneNum |
| Signature | 2017-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM E TURCO CPA | PreparerPersonNm |
| PTIN | P00369217 | PTIN |
| Phone | 3012963600 | 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 | DR GERALD L BOARMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10601 FALLS ROAD | AddressLine1Txt |
| City | POTOMAC | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,777,364 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BULLIS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | BULLIS SCHOOL PROVIDES A STUDENT-CENTERED BALANCED EXPERIENCE IN ACADEMICS, (SEE SCHEDULE O) ARTS, ATHLETICS AND COMMUNITY SERVICE. BULLIS UNIQUELY PREPARES ALL STUDENTS TO BECOME CARING CITIZENS AND CREATIVE, CRITICAL THINKERS WHO WILL THRIVE IN TOMORROW'S WORLD. THE SCHOOL'S VISION IS TO BE THE INDEPENDENT SCHOOL OF CHOICE FOR FAMILIES WHO SEEK AN EXTRAORDINARY EDUCATIONAL EXPERIENCE WHICH DEVELOPS GLOBAL LEADERS WHO ENTHUSIASTICALLY EMBRACE CHALLENGE, EXHIBIT STRONG CHARACTER AND CULTIVATE COMMUNITY.BULLIS SCHOOL'S CORE ACADEMIC VALUES FOSTER CRITICAL THINKING, COLLABORATION, COMMUNICATION, RESOURCEFULNESS AND CREATIVITY IN OUR STUDENTS, AND WE UPHOLD CORE INSTITUTIONAL VALUES THAT MODEL AND PRACTICE INTEGRITY, RESPECT, DIVERSITY, SERVICE AND RESPONSIBILITY WITHIN THE SCHOOL COMMUNITY AND IN ANY OUTREACH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 550 | TotalEmployeeCnt |
| Total Volunteers | 180 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$709 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,552,652 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,765,257 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,288,200 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $33,852,926 | CYProgramServiceRevenueAmt |
| PY Investment Income | $580,203 | PYInvestmentIncomeAmt |
| CY Investment Income | -$60,409 | CYInvestmentIncomeAmt |
| PY Other Revenue | $454,569 | PYOtherRevenueAmt |
| CY Other Revenue | $281,643 | CYOtherRevenueAmt |
| PY Total Revenue | $42,875,624 | PYTotalRevenueAmt |
| CY Total Revenue | $36,839,417 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,508,455 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,983,950 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,535,088 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,767,667 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $78,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,125,221 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,811,892 | PYOtherExpensesAmt |
| CY Other Expenses | $9,470,939 | CYOtherExpensesAmt |
| PY Total Expenses | $31,933,435 | PYTotalExpensesAmt |
| CY Total Expenses | $35,222,556 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,942,189 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,616,861 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $73,268,655 | TotalAssetsBOYAmt |
| Total Assets EOY | $84,204,857 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $30,140,692 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $41,430,227 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $43,127,963 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $42,774,630 | NetAssetsOrFundBalancesEOYAmt |
| Mission | BULLIS SCHOOL PROVIDES A STUDENT-CENTERED BALANCED EXPERIENCE IN ACADEMICS, ARTS, ATHLETICS AND COMMUNITY SERVICE. BULLIS UNIQUELY PREPARES ALL STUDENTS TO BECOME CARING CITIZENS AND CREATIVE, CRITICAL THINKERS WHO WILL THRIVE IN TOMORROW'S WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $26,004,421 | ExpenseAmt |
| Grant | $4,983,950 | GrantAmt |
| Revenue | $33,934,122 | RevenueAmt |
| Desc | PROVIDE CO-EDUCATIONAL ELEMENTARY AND SECONDARY SCHOOL EDUCATION TO STUDENTS IN GRADES 2 THROUGH 12, PROMOTE DIVERSITY AND OFFER AN INDEPENDENT SCHOOL EDUCATION TO ELIGIBLE STUDENTS REGARDLESS OF FINANCIAL ABILITY. | Desc |
| Total Program Service Expenses | $26,004,421 | 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 | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln 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 | 100 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 550 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | 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 | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRACY HARRIS CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3012998500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10601 FALLS ROAD | AddressLine1Txt |
| City | POTOMAC | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ANDREW BLAIR | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ADAM GREENBERG | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LESLEY LAVALLEYE | ||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GEORGE MAVRIKES | ||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HILLARY BALTIMORE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK CAULFIELD | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA COHEN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID FINK | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DR GARY FRIEDLANDER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN HALLE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHRYN HANLEY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CLAUDIA HELMIG | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICK KAY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TAMMY MCKNIGHT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN MELTZER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRIS NORDEEN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHANNON PRIDDY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BERRY TRIMBLE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID TRONE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CYNDI BULLIS VASCO | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DELL WARREN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK WEINBERGER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PAULA WIDERLITE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KERRY WISNOSKY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| GERALD BOARMAN | ||||||||
| HEAD OF SCHOOL & PRESIDENT | 60.00 | Yes (X) | $608,559 | $0 | $91,268 | |||
| TODD MCCREIGHT | ||||||||
| BUSINESS OFFICER UNTIL 10/15/15 | 50.00 | Yes (X) | $84,728 | $0 | $16,145 | |||
| TRACY HARRIS | ||||||||
| CHIEF FINANCIAL OFFICER FROM 8/15/15 | 50.00 | Yes (X) | $73,320 | $0 | $16,624 | |||
| JAMES MICHAEL REIDY | ||||||||
| ASSOCIATE HEAD OF SCHOOL | 40.00 | $203,725 | $0 | $31,793 | Yes (X) | |||
| JOANNE SZADKOWSKI | ||||||||
| DIR, INSTITUTIONAL ADVANCE | 40.00 | $155,064 | $0 | $18,053 | Yes (X) | |||
| DARLENE HAUGHT | ||||||||
| DIR, EXTENDED PROG. & EMER | 40.00 | $156,500 | $0 | $10,955 | Yes (X) | |||
| TIMOTHY SIMPSON | ||||||||
| ASSISTANT HEAD OF SCHOOL, ADMISSIONS | 40.00 | $146,177 | $0 | $69,223 | Yes (X) | |||
| MARILYN MORENO | ||||||||
| MIDDLE SCHOOL PRINCIPAL | 40.00 | $134,635 | $0 | $24,182 | Yes (X) | |||
| BRUCE KELLEY | ||||||||
| TEACHER AND COACH | 40.00 | $124,389 | $0 | $23,782 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,687,097 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $302,025 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 17 | 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 |
|---|---|---|---|---|---|
| DUDAPAINE ARCHITECTS LLP | |||||
| 333 LIGGETT STREET | DURHAM | NC | 27701 | ARCHITECTURE SERVICES | $1,907,495 |
| COAKLEY WILLIAMS CONSTRUCTION | |||||
| 7475 WISCONSIN AVE | BETHESDA | MD | 20814 | CONSTRUCTION SERVICES | $495,652 |
| ENERGY SYSTEMS INC | |||||
| PO BOX 450 | LOTHIAN | MD | 207110450 | R&M AND MAINTENANCE | $433,426 |
| SODEXO INC | |||||
| PO BOX 536922 | ATLANTA | GA | 30353 | FOOD SERVICE | $379,938 |
| LEATHERS & ASSOCIATES INC | |||||
| 255 SOUTH FULTON STREET | ITHACA | NY | 14850 | DESIGNED, BUILT & INSTALLED PLAYGROUND E | $294,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $139,320 | FundraisingAmt |
| All Other Contributions | $2,625,937 | AllOtherContributionsAmt |
| Noncash Contributions | $328,776 | NoncashContributionsAmt |
| Total Contributions | $2,765,257 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION/FEES | 900099 | $30,751,193 | $30,751,193 |
| STUDENT ACTIVITIES | 900099 | $1,468,821 | $1,468,821 |
| SUMMER PROGRAMS | 900099 | $1,400,839 | $1,400,839 |
| TRANSPORTATION | 900099 | $203,356 | $203,356 |
| AUXILIARY | 900099 | $28,717 | $28,717 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $33,852,926 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $430,585 | TotalRevenueColumnAmt |
| Exclusion | $430,585 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $257,843 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $257,843 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $257,843 | TotalRevenueColumnAmt |
| Exclusion | $257,843 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,771,090 | SecuritiesAmt |
| Other | $95,512 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,256,870 | SecuritiesAmt |
| Other | $100,726 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$485,780 | SecuritiesAmt |
| Other | -$5,214 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$490,994 | TotalRevenueColumnAmt |
| Exclusion | -$490,994 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $208,104 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $139,320 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $267,967 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$59,863 | TotalRevenueColumnAmt |
| Exclusion | -$59,863 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $1,420 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,420 | TotalRevenueColumnAmt |
| Exclusion | $1,420 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $313,431 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $312,384 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,047 | TotalRevenueColumnAmt |
| Exclusion | $1,047 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $81,196 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $81,196 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $81,196 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,839,417 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,934,122 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $140,038 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,983,950 | TotalAmt |
| Program Services | $4,983,950 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,139,043 | TotalAmt |
| Program Services | $801,936 | ProgramServicesAmt |
| Management And General | $290,079 | ManagementAndGeneralAmt |
| Fundraising | $47,028 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,006,859 | TotalAmt |
| Program Services | $10,565,474 | ProgramServicesAmt |
| Management And General | $3,821,786 | ManagementAndGeneralAmt |
| Fundraising | $619,599 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,017,605 | TotalAmt |
| Program Services | $760,237 | ProgramServicesAmt |
| Management And General | $211,268 | ManagementAndGeneralAmt |
| Fundraising | $46,100 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,460,721 | TotalAmt |
| Program Services | $1,005,168 | ProgramServicesAmt |
| Management And General | $1,394,600 | ManagementAndGeneralAmt |
| Fundraising | $60,953 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,143,439 | TotalAmt |
| Program Services | $854,244 | ProgramServicesAmt |
| Management And General | $237,394 | ManagementAndGeneralAmt |
| Fundraising | $51,801 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,066 | TotalAmt |
| Management And General | $11,066 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,400 | TotalAmt |
| Management And General | $52,400 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,578 | TotalAmt |
| Management And General | $30,578 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,268 | TotalAmt |
| Program Services | $33,009 | ProgramServicesAmt |
| Management And General | $54,541 | ManagementAndGeneralAmt |
| Fundraising | $20,718 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,222 | TotalAmt |
| Program Services | $29,013 | ProgramServicesAmt |
| Management And General | $21,139 | ManagementAndGeneralAmt |
| Fundraising | $135,070 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,079,501 | TotalAmt |
| Program Services | $785,468 | ProgramServicesAmt |
| Management And General | $210,211 | ManagementAndGeneralAmt |
| Fundraising | $83,822 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $498,020 | TotalAmt |
| Program Services | $249,010 | ProgramServicesAmt |
| Management And General | $249,010 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,584,570 | TotalAmt |
| Program Services | $1,404,379 | ProgramServicesAmt |
| Management And General | $180,191 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,604 | TotalAmt |
| Program Services | $3,478 | ProgramServicesAmt |
| Management And General | $54,075 | ManagementAndGeneralAmt |
| Fundraising | $1,051 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,001 | TotalAmt |
| Program Services | $118,102 | ProgramServicesAmt |
| Management And General | $61,268 | ManagementAndGeneralAmt |
| Fundraising | $132,631 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $638,408 | TotalAmt |
| Program Services | $399,005 | ProgramServicesAmt |
| Management And General | $208,121 | ManagementAndGeneralAmt |
| Fundraising | $31,282 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,484,598 | TotalAmt |
| Program Services | $1,306,446 | ProgramServicesAmt |
| Management And General | $133,614 | ManagementAndGeneralAmt |
| Fundraising | $44,538 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,591 | TotalAmt |
| Program Services | $91,138 | ProgramServicesAmt |
| Management And General | $177,453 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT PROGRAMS | $2,188,362 | $2,128,431 | $15,992 | $43,939 |
| BOND DEFEASANCE COST | $328,345 | $328,345 | ||
| FOOD | $304,527 | $260,478 | $42,729 | $1,320 |
| BAD DEBT | $212,007 | $212,007 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,871 | TotalAmt |
| Program Services | $225,455 | ProgramServicesAmt |
| Management And General | $95,047 | ManagementAndGeneralAmt |
| Fundraising | -$194,631 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,222,556 | TotalAmt |
| Program Services | $26,004,421 | ProgramServicesAmt |
| Management And General | $8,092,914 | ManagementAndGeneralAmt |
| Fundraising | $1,125,221 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,595 | BOYAmt |
| EOY | $4,455 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,795,369 | BOYAmt |
| EOY | $23,680,404 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,529,933 | BOYAmt |
| EOY | $9,175,741 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,623 | BOYAmt |
| EOY | $250,958 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $903 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,134 | BOYAmt |
| EOY | $111,799 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,209,339 | BOYAmt |
| EOY | $655,647 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $57,596,666 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,432,638 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,488,421 | BOYAmt |
| EOY | $33,164,028 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,313,844 | BOYAmt |
| EOY | $8,693,565 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $664,398 | BOYAmt |
| EOY | $792,151 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,719,999 | BOYAmt |
| EOY | $7,675,206 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,268,655 | BOYAmt |
| EOY | $84,204,857 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,148,375 | BOYAmt |
| EOY | $1,993,965 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,698,865 | BOYAmt |
| EOY | $10,167,158 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,494,159 | BOYAmt |
| EOY | $27,493,879 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $587,923 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $211,370 | BOYAmt |
| EOY | $1,775,225 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,140,692 | BOYAmt |
| EOY | $41,430,227 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,057,570 | BOYAmt |
| EOY | $21,440,334 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,355,284 | BOYAmt |
| EOY | $18,619,187 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,715,109 | BOYAmt |
| EOY | $2,715,109 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,127,963 | BOYAmt |
| EOY | $42,774,630 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,268,655 | BOYAmt |
| EOY | $84,204,857 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,616,861 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$93,523 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,876,671 | 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 | $11,481,433 | BeginningYearBalanceAmt |
| Contributions | $277,489 | ContributionsAmt |
| Investment Earnings Or Losses | -$228,871 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $335,231 | OtherExpendituresAmt |
| End Year Balance | $11,194,820 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,995,843 | BeginningYearBalanceAmt |
| Contributions | $737,253 | ContributionsAmt |
| Investment Earnings Or Losses | $106,609 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $358,272 | OtherExpendituresAmt |
| End Year Balance | $11,481,433 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,343,576 | BeginningYearBalanceAmt |
| Contributions | $784,421 | ContributionsAmt |
| Investment Earnings Or Losses | $1,251,305 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $383,459 | OtherExpendituresAmt |
| End Year Balance | $10,995,843 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,104,683 | BeginningYearBalanceAmt |
| Contributions | $1,129,666 | ContributionsAmt |
| Investment Earnings Or Losses | $815,229 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $706,002 | OtherExpendituresAmt |
| End Year Balance | $9,343,576 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,060,604 | BeginningYearBalanceAmt |
| Contributions | $176,810 | ContributionsAmt |
| Investment Earnings Or Losses | -$984,850 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $147,881 | OtherExpendituresAmt |
| End Year Balance | $8,104,683 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.72610 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.24250 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03140 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $580,119 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $7,806,467 | OtherCostOrOtherBasisAmt |
| Book Value | $8,386,586 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,516,752 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,093,228 | DepreciationAmt |
| Book Value | $23,423,524 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,693,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,339,410 | DepreciationAmt |
| Book Value | $1,353,918 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $33,164,028 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSITS | $12,600 |
| BOND ACQUISITION COSTS, NET OF AMORTIZATION | $594,992 |
| CONSTRUCTION IN PROGRESS | $6,691,109 |
| CSV LIFE | $225,025 |
| DEFERRED COMPENSATION | $133,548 |
| INTEREST RATE CAP | $17,932 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $7,675,206 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD FOR OTHERS | $101,938 |
| DEFERRED COMPENSATION | $133,548 |
| SWAP LIABILITY | $1,539,739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,775,225 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $32,311,717 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$93,523 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$4,983,950 | OtherRevenueAmt |
| Revenue Not Reported | -$5,077,473 | RevenueNotReportedAmt |
| Revenue Subtotal | $37,389,190 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $30,578 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$580,351 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$549,773 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $36,839,417 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,788,379 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $580,351 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $580,351 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,208,028 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $30,578 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $4,983,950 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,014,528 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $35,222,556 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | EARNINGS FROM THE UNRESTRICTED ENDOWMENT SUPPORT THE OPERATING EXPENSES OF THE SCHOOL; EARNINGS FROM THE RESTRICTED ENDOWMENT SUPPORT FACULTY DEVELOPMENT AND FINANCIAL AID. |
| PART X, LINE 2: | THE SCHOOL IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE SCHOOL IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AS DEFINED BY THE INTERNAL REVENUE SERVICE. DURING THE YEAR ENDED JUNE 30, 2016, THE SCHOOL HAD MINIMAL NET TAXABLE UNRELATED BUSINESS INCOME, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE SCHOOL FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST TUITION REVENUE IN THE FINANCIAL STATEMENTS -4,983,950. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES - COSTS REPORTED ON LINE 8B -267,967. INVENTORY - COST OF SALES REPORTED ON LINE 10B -312,384. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES - COSTS REPORTED ON LINE 8B 267,967. INVENTORY - COST OF SALES REPORTED ON LINE 10B 312,384. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST TUITION REVENUE IN THE FINANCIAL STATEMENTS 4,983,950. |
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 | AN ADVERTISEMENT WAS PLACED IN THE WASHINGTON POST NEWSPAPER ANNOUNCING THE SCHOOL'S NON-DISCRIMINATION POLICY. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL GALA | Event1Nm |
| Gross Receipts Event1 | $277,945 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $87,795 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $190,150 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $206,212 | OtherDirectExpensesEvent1Amt |
| Event2 | 5K RACE | Event2Nm |
| Gross Receipts Event2 | $54,901 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $46,525 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $8,376 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $44,213 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $14,578 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $5,000 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $9,578 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $17,542 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $347,424 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $139,320 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $208,104 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $267,967 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $267,967 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$59,863 | NetIncomeSummaryAmt |
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 | GrantTypeTxt |
| Recipient | 220 | RecipientCnt |
| Cash Grant | $4,983,950 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL FINANCIAL AID AT BULLIS IS GRANTED BASED ON DEMONSTRATED FINANCIAL NEED, OFFERED IN ORDER TO ENSURE ECONOMIC AND RACIAL DIVERSITY IN THE STUDENT BODY, CONSISTENT WITH THE SCHOOL'S ADMISSION POLICIES. SOME OF THE FACTORS CONSIDERED ARE: INCOME (BOTH TAXABLE AND NONTAXABLE), ASSETS, NUMBER OF DEPENDENTS AND NUMBER OF CHILDREN ATTENDING TUITION-CHARGING SCHOOLS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GERALD BOARMAN | ||||||||||||||
| HEAD OF SCHOOL & PRESIDENT | $541,640 | $0 | $40,000 | $0 | $26,919 | $0 | $32,800 | $0 | $61,226 | $0 | $702,585 | $0 | $0 | $0 |
| JAMES MICHAEL REIDY | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL | $203,725 | $0 | $0 | $0 | $0 | $0 | $14,245 | $0 | $20,315 | $0 | $238,285 | $0 | $0 | $0 |
| JOANNE SZADKOWSKI | ||||||||||||||
| DIR, INSTITUTIONAL ADVANCE | $155,064 | $0 | $0 | $0 | $0 | $0 | $11,026 | $0 | $7,830 | $0 | $173,920 | $0 | $0 | $0 |
| DARLENE HAUGHT | ||||||||||||||
| DIR, EXTENDED PROG. & EMER | $156,500 | $0 | $0 | $0 | $0 | $0 | $10,955 | $0 | $303 | $0 | $167,758 | $0 | $0 | $0 |
| TIMOTHY SIMPSON | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL, ADMISSIONS | $146,177 | $0 | $0 | $0 | $0 | $0 | $10,045 | $0 | $60,391 | $0 | $216,613 | $0 | $0 | $0 |
| MARILYN MORENO | ||||||||||||||
| MIDDLE SCHOOL PRINCIPAL | $134,635 | $0 | $0 | $0 | $0 | $0 | $9,454 | $0 | $15,032 | $0 | $159,121 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TAX INDEMNIFICATION PAYMENTS ARE MADE FOR SECT 162 DOUBLE BONUS FOR THE DISABILITY INSURANCE BENEFIT PAID TO HEAD OF SCHOOL. THE SCHOOL COMPENSATES THE HEADMASTER WITH A PACKAGE THAT INCLUDES HOUSING, WHICH IS NECESSARY TO CARRY OUT THE DUTIES OF HIS JOB. THE HOUSING BENEFIT IS TREATED AS NON-TAXABLE COMPENSATION UNDER CODE SECTION 119(D). WE HAVE DISCLOSED FAIR RENTAL VALUE AS THE VALUE OF THE HOUSING BENEFIT - GERALD BOARMAN - $40,920. THE ENTIRE COMPENSATION PACKAGE, INCLUDING THE HOUSING ARRANGEMENT WAS APPROVED BY THE BOARD OF TRUSTEES WITH PROPER DOCUMENTATION. A HOUSE KEEPING BENEFIT IS PROVIDED TO THE HEAD OF SCHOOL. THIS BENEFIT IS RELATED TO THE USE OF THE HOUSING IN THE CONDUCT OF THE HEADMASTER'S OFFICIAL DUTIES. GERALD BOARMAN RECEIVED A TAXABLE HEALTH CLUB DUES IN THE AMOUNT OF $1,200. |
| PART I, LINE 7 | THE HEAD OF SCHOOL RECEIVED PERFORMANCE BASED BONUS WHICH WAS APPROVED BY THE COMPENSATION COMMITTEE. |
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 | MONTGOMERY COUNTY MARYLAND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 526000980 | BondIssuerEIN |
| Bond Issued | 2015-10-01 | BondIssuedDt |
| Issue Price | $38,000,000 | IssuePriceAmt |
| Purpose | BOND REFINANCING, CAPITAL EXPENDITURES | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $38,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $531,213 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $20,677,869 | CapitalExpendituresAmt |
| Other Spent Proceeds | $6,550,918 | OtherSpentProceedsAmt |
| Unspent | $10,240,000 | UnspentAmt |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | 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 | BB&T | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 11.500000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $6,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2857 | ContributionCnt |
| Noncash Contributions Rpt F990 | $265,065 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVE OF HIGH & LOW STOCK | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | CONSTRUCTION | 1 | $63,711 | COST |
| Yes (X) | PIANO | 1 | $6,225 | COST |
| 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 | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | REPORTING THE NUMBER OF ITEMS RECEIVED | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WILL BE REVIEWED BY THE BOARD FINANCE COMMITTEE, WHICH PERFORMS THE FUNCTIONS OF AN AUDIT COMMITTEE IN ADDITION TO ITS OTHER FINANCIAL RESPONSIBILITIES. RSM US, LLP, THE FIRM THAT PREPARES THE FORM 990 FOR THE SCHOOL, WILL MAKE THE PRESENTATION TO THE FINANCE COMMITTEE. ONCE THE FINANCE COMMITTEE IS SATISFIED WITH THE FORM 990, IT WILL GO TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER IS REQUIRED EACH FALL TO REVIEW THE BOARD CONFLICT OF INTEREST POLICY, AND SIGN A STATEMENT THAT CERTIFIES THAT THEY UNDERSTAND THE POLICY, AGREE TO COMPLY WITH THE POLICY, AND HAVE NO CONFLICTS AS DESCRIBED IN THE POLICY. IF A CONFLICT EXISTS OR IS PERCEIVED, THE BOARD MEMBER IS REQUIRED TO NOTIFY THE BOARD CHAIR. THE BUSINESS OFFICER MONITORS ALL TRANSACTIONS BETWEEN ALL DISQUALIFIED PERSONS (WHICH INCLUDES ALL BOARD MEMBERS) AND THE SCHOOL TO ENSURE THAT THE CONFLICT OF INTEREST POLICY IS BEING FULLY COMPLIED WITH. IF THE BUSINESS OFFICER FINDS A TRANSACTION THAT APPEARS TO VIOLATE THE CONFLICTS POLICY, HE/SHE NOTIFIES THE HEAD OF SCHOOL AND BOARD CHAIR, WHO THEN MEET WITH THE DISQUALIFIED PERSON TO INVESTIGATE THE POTENTIAL CONFLICT AND RESOLVE IT IN A MANNER THAT COMPLIES WITH THE CONFLICTS POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | FOR THE HEAD OF SCHOOL: EACH TIME THE BOARD ENTERS INTO AN EMPLOYMENT CONTRACT WITH THE HEAD OF SCHOOL (GENERALLY EVERY THREE TO FIVE YEARS), AN AD HOC BOARD COMPENSATION COMMITTEE IS FORMED TO FOLLOW A PROCEDURE THAT IS DESIGNED TO OBTAIN A REBUTTABLE PRESUMPTION OF REASONABLENESS: 1. ALL BOARD MEMBERS CHOSEN FOR THE COMPENSATION COMMITTEE ARE QUERIED TO ENSURE THAT NO MEMBER HAS A PERSONAL INTEREST IN THE COMPENSATION DECISION. 2. COMPENSATION (SALARY AND BENEFITS) COMPARABILITY DATA IS OBTAINED FOR THE DOZEN OR SO DC-AREA INDEPENDENT SCHOOLS THAT MOST CLOSELY RESEMBLE BULLIS IN ENROLLMENT, BUDGET, AND ASSETS. THE COMPARABILITY DATA IS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND FROM THE ASSOCIATION OF GREATER WASHINGTON INDEPENDENT SCHOOLS. 3. THE COMPARABILITY DATA IS TABULATED AND COMPARED TO THE PROPOSED COMPENSATION FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE DECIDES WHETHER THE PROPOSED COMPENSATION IS REASONABLE IN LIGHT OF WHAT COMPARABLE SCHOOLS ARE CURRENTLY PAYING THEIR HEADS, AND MAKES ADJUSTMENTS TO THE PROPOSED COMPENSATION AS NECESSARY TO ENSURE REASONABLENESS AND COMPARABILITY. 4. THE COMPENSATION COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH THE APPROVAL. DOCUMENTATION INCLUDES: TERMS OF THE PROPOSED COMPENSATION, MEMBERS OF THE COMMITTEE WHO WERE PRESENT AND VOTED, AND THE COMPARABILITY DATA AND HOW IT WAS OBTAINED. 5. THE COMPENSATION COMMITTEE THEN MEETS WITH THE HEAD SEARCH COMMITTEE (IF ONE THEN EXISTS) TO PRESENT ITS DETERMINATION, AND THE SEARCH COMMITTEE FINALIZES THE OFFER TO THE HEAD. 6. THE MAJOR DETAILS OF THE HEAD CONTRACT ARE THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR THEIR INFORMATION AND ACCEPTANCE. EVERY FEW YEARS DURING A HEAD'S CONTRACT TERM, A SLIGHTLY LESS FORMAL VERSION OF THIS PROCESS IS FOLLOWED TO ENSURE THAT COMPENSATION INCREASES AWARDED THE HEAD UNDER THE CURRENT CONTRACT REMAIN REASONABLE COMPARED TO LIKE SCHOOLS. FOR THE BUSINESS OFFICER: WHENEVER A COMPENSATION COMMITTEE IS FORMED TO EXAMINE THE HEAD'S COMPENSATION, IT USES THE SAME PROCESS TO EXAMINE THE BUSINESS OFFICER'S COMPENSATION, TO ENSURE REASONABLENESS AND COMPARABILITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE BOARD HAS NO SPECIFIC POLICY ON THIS MATTER. THE SCHOOL'S PRACTICE IS TO SHARE THESE DOCUMENTS ON REQUEST WITH INDIVIDUALS OR ORGANIZATIONS THAT HAVE A LEGITIMATE BUSINESS NEED TO SEE THE DOCUMENTS. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | WRITE-OFF OF BOND ACQUISITION COSTS -307,864. INTEREST RATE CAP LOSS -29,068. INTEREST RATE SWAP LOSS -1,539,739. |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. |