REGENTS SCHOOL OF AUSTIN INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- REGENTS SCHOOL OF AUSTIN INC (EIN 74-2636515)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-01-19
- IRS object ID
- 201730199349300148
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-01-19T14:19:34-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 743001153 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PMB Helin Donovan LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12301 Research Blvd Bldg 5 Ste 160 | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78759 | 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 | 742636515 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents School of Austin Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | REGE | BusinessNameControlTxt |
| Phone | 5128998095 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Circle | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78735 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lee Jones Treasurer | PersonNm |
| Person Title | Treasurer of the Board | PersonTitleTxt |
| Phone | 5128998095 | PhoneNum |
| Signature | 2017-01-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Wallace F Helin | PreparerPersonNm |
| PTIN | P00361097 | PTIN |
| Phone | 5122589670 | PhoneNum |
| Preparation | 2017-01-15 | PreparationDt |
| 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 | Lee Jones | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Circle | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78735 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $17,596,331 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | regents-austin.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | The purpose of Regents School of Austin is to provide a classical and Christian education founded upon and informed by a biblical worldview to approximately 1,000 students. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 376 | TotalEmployeeCnt |
| Total Volunteers | 600 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,949,820 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,987,739 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,860,585 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,933,963 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,463 | PYInvestmentIncomeAmt |
| CY Investment Income | $23,505 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $179,832 | CYOtherRevenueAmt |
| PY Total Revenue | $15,820,868 | PYTotalRevenueAmt |
| CY Total Revenue | $17,125,039 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,336,628 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,305,657 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,450,844 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,279,842 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,985,293 | PYOtherExpensesAmt |
| CY Other Expenses | $5,301,259 | CYOtherExpensesAmt |
| PY Total Expenses | $15,772,765 | PYTotalExpensesAmt |
| CY Total Expenses | $16,886,758 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $48,103 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $238,281 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $39,217,411 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,094,315 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,552,118 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,191,197 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,665,293 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,903,118 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The purpose of Regents School of Austin is to provide a classical and Christian education founded upon and informed by a biblical worldview to approximately 1,000 students. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,560,210 | ExpenseAmt |
| Grant | $1,305,657 | GrantAmt |
| Revenue | $14,933,963 | RevenueAmt |
| Desc | To provide quality classical Christian education to approximately 1,000 students. | Desc |
| Total Program Service Expenses | $14,560,210 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 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 | Yes (1) | 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 | 58 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 376 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | 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 | Yes (1) | 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 | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lee Jones | PersonNm |
| Phone | 5128998095 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Cir | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78735 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Barry McBee | |||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Charles Larkam | |||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Clay Davis | |||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Franz | |||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Rich Grafton | |||||||
| Chairman of the Board | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Meg Voelter | |||||||
| Secretary of the Board | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| John Minter | |||||||
| Treasurer of the Board | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Doug Ruby | |||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| Rod Gilbert | |||||||
| Head of School | 40.00 | $212,558 | $0 | $18,962 | Yes (X) | ||
| William Brydon | |||||||
| Athletic Director | 40.00 | $104,901 | $0 | $12,297 | Yes (X) | ||
| Craig Doerksen | |||||||
| Head of High School | 40.00 | $104,224 | $0 | $15,905 | Yes (X) | ||
| Bryan Gustin | |||||||
| Director of Technology | 40.00 | $104,513 | $0 | $18,962 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $526,196 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $66,126 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Lakeland Holdings LLC | |||||
| 218 West Water Street Suite 400 | Charlottesville | VA | 22902 | Education | $409,788 |
| JK Commercial Cleaning | |||||
| PO Box 91121 | Austin | TX | 78709 | Cleaning | $113,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,987,739 | AllOtherContributionsAmt |
| Noncash Contributions | $159,867 | NoncashContributionsAmt |
| Total Contributions | $1,987,739 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611710 | $13,875,734 | $13,875,734 |
| Auxiliary income | 611710 | $1,058,229 | $1,058,229 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,933,963 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,741 | TotalRevenueColumnAmt |
| Exclusion | $23,741 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $236 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$236 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$236 | TotalRevenueColumnAmt |
| Exclusion | -$236 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $650,888 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $471,056 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $179,832 | TotalRevenueColumnAmt |
| Exclusion | $179,832 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,125,039 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,933,963 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $203,337 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,305,657 | TotalAmt |
| Program Services | $1,305,657 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685,193 | TotalAmt |
| Program Services | $548,537 | ProgramServicesAmt |
| Management And General | $136,656 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,612,458 | TotalAmt |
| Program Services | $6,094,221 | ProgramServicesAmt |
| Management And General | $1,518,237 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,402,535 | TotalAmt |
| Program Services | $1,122,812 | ProgramServicesAmt |
| Management And General | $279,723 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $579,656 | TotalAmt |
| Program Services | $464,049 | ProgramServicesAmt |
| Management And General | $115,607 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,340 | TotalAmt |
| Program Services | $72,965 | ProgramServicesAmt |
| Management And General | $28,375 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,067 | TotalAmt |
| Program Services | $20,208 | ProgramServicesAmt |
| Management And General | $7,859 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,279 | TotalAmt |
| Program Services | $21,081 | ProgramServicesAmt |
| Management And General | $8,198 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,553,662 | TotalAmt |
| Program Services | $1,475,979 | ProgramServicesAmt |
| Management And General | $77,683 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,961 | TotalAmt |
| Program Services | $35,972 | ProgramServicesAmt |
| Management And General | $13,989 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,373,137 | TotalAmt |
| Program Services | $1,304,480 | ProgramServicesAmt |
| Management And General | $68,657 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,308 | TotalAmt |
| Program Services | $101,943 | ProgramServicesAmt |
| Management And General | $5,365 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Direct Program and inst | $1,777,456 | $1,777,456 | |
| Events | $123,348 | $88,811 | $34,537 |
| Bad debt expense | $51,088 | $36,783 | $14,305 |
| Fundraising | $44,626 | $44,626 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,987 | TotalAmt |
| Program Services | $44,630 | ProgramServicesAmt |
| Management And General | $17,357 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,886,758 | TotalAmt |
| Program Services | $14,560,210 | ProgramServicesAmt |
| Management And General | $2,326,548 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,316,379 | BOYAmt |
| EOY | $5,473,994 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,966 | BOYAmt |
| EOY | $37,876 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $738,397 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,151,891 | BOYAmt |
| EOY | $103,765 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,241 | BOYAmt |
| EOY | $182,080 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $43,070,521 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,684,477 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,383,712 | BOYAmt |
| EOY | $31,386,044 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,222 | BOYAmt |
| EOY | $172,159 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,217,411 | BOYAmt |
| EOY | $38,094,315 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,893 | BOYAmt |
| EOY | $744,687 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,052,246 | BOYAmt |
| EOY | $6,585,612 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,965,979 | BOYAmt |
| EOY | $1,860,898 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,552,118 | BOYAmt |
| EOY | $9,191,197 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,665,293 | BOYAmt |
| EOY | $28,274,823 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $628,295 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,665,293 | BOYAmt |
| EOY | $28,903,118 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,217,411 | BOYAmt |
| EOY | $38,094,315 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $238,281 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$455 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,574,096 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,421,811 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,042,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,949,820 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,987,739 | CurrentTaxYearAmt |
| Total | $16,975,966 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,574,096 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,421,811 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,042,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,949,820 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,987,739 | CurrentTaxYearAmt |
| Total | $16,975,966 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $16,975,966 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,184 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,826 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,463 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $203,337 | CurrentTaxYearAmt |
| Total | $226,139 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $17,202,105 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $65,153,602 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.98690 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88170 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $1,235,383 | BeginningYearBalanceAmt |
| Contributions | $339,947 | ContributionsAmt |
| Investment Earnings Or Losses | $64,483 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $53,895 | AdministrativeExpensesAmt |
| End Year Balance | $1,585,918 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,235,465 | BeginningYearBalanceAmt |
| Contributions | $49,419 | ContributionsAmt |
| Investment Earnings Or Losses | $52,287 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $101,788 | AdministrativeExpensesAmt |
| End Year Balance | $1,235,383 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $997,718 | BeginningYearBalanceAmt |
| Contributions | $116,476 | ContributionsAmt |
| Investment Earnings Or Losses | $161,180 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $39,909 | AdministrativeExpensesAmt |
| End Year Balance | $1,235,465 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $897,398 | BeginningYearBalanceAmt |
| Contributions | $1,265 | ContributionsAmt |
| Investment Earnings Or Losses | $103,755 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $4,700 | AdministrativeExpensesAmt |
| End Year Balance | $997,718 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $609,297 | BeginningYearBalanceAmt |
| Contributions | $290,319 | ContributionsAmt |
| Investment Earnings Or Losses | $22,154 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $24,372 | AdministrativeExpensesAmt |
| End Year Balance | $897,398 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,373,789 | OtherCostOrOtherBasisAmt |
| Book Value | $9,373,789 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,146,796 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,526,958 | DepreciationAmt |
| Book Value | $19,619,838 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,688,631 | OtherCostOrOtherBasisAmt |
| Depreciation | $168,863 | DepreciationAmt |
| Book Value | $1,519,768 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,330,469 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,798,366 | DepreciationAmt |
| Book Value | $532,103 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,530,836 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,190,290 | DepreciationAmt |
| Book Value | $340,546 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,386,044 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Compass Bank - Line of Credit | $488,329 |
| Loan Payable | $1,372,569 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,860,898 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,818,927 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$455 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$455 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,819,382 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,305,657 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,305,657 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $17,125,039 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,581,101 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,581,101 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,305,657 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,305,657 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,886,758 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The School is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code. Unrelated business income, of which the School had no significant amounts for the years ended June 30, 2016 or 2015, is subject to federal income taxes. Accordingly, there is no provision or liability for federal income taxes in the accompanying consolidated financial statements. The School regularly assesses uncertain tax positions in each of the tax jurisdictions in which it has operations and accounts for the related financial statement implications. Unrecognized tax benefits are reported using the two-step approach under which tax effects of a position are recognized only if it is "more-likely-than-not" to be sustained and the amount of the tax benefit recognized is equal to the largest tax benefit that is greater than fifty percent likely of being realized upon ultimate settlement of the tax position. Determining the appropriate level of unrecognized tax benefits requires the School to exercise judgement regarding the uncertain application of tax law. The amount of unrecognized tax benefits is adjusted when information becomes available or when an event occurs indicating a change is appropriate. Future changes in unrecognized tax benefits requirements could have a material impact on the results of operations. The School is generally no longer subject to tax examinations relating to US federal tax returns for years prior to fiscal year ended June 30, 2010. |
| Part XI, Line 4b - Other Adjustments: | Tuition assistance netted against Tuition income 1,305,657. |
| Part XII, Line 4b - Other Adjustments: | Tuition assistance netted against Tuition income 1,305,657. |
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 | Newspaper and radio ads used to advertise the School's Open Houses included the following statement: "Regents School does not discriminate on the basis of race, color, national or ethnic origin." | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Gala | Event1Nm |
| Gross Receipts Event1 | $496,953 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $496,953 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $471,056 | OtherDirectExpensesEvent1Amt |
| Event2 | Regent Cup | Event2Nm |
| Gross Receipts Event2 | $127,043 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $127,043 | GrossRevenueEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $26,892 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $26,892 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $650,888 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $650,888 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $471,056 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $471,056 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $179,832 | 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 | Tuition Assistance | GrantTypeTxt |
| Cash Grant | $1,305,657 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Procedures for Monitoring the Use of Grant Funds Individuals requesting financial aid complete a third party application which they send directly to the processing service. Regents School of Austin has used FACTS Grant and Aid Assessment, PO BOX 5688, Lincoln, NE 68505 for the past ten years to process students' requests for financial aid. "FACTS Grant and Aid Assessment" processes applications using methodology similar to the government's FAFSA application for college and university financial aid. Regents School of Austin uses financial need recommendations provided by FACTS Grant and Aid Assessment as a basis for the distribution of available aid funds annually. Grants for tuition assistance are given on a needs-based only basis. Grants are non-discriminatory. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rod Gilbert | PersonNm |
| Title | Head of School | TitleTxt |
| Base Compensation Filing Org | $212,558 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $18,962 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $231,520 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Gala non cash donation | Desc |
| Contribution | 897 | ContributionCnt |
| Noncash Contributions Rpt F990 | $159,867 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 7a | Election of Members and Their Rights Members are not elected but attain that status by virtue of having a child enrolled as a student in Regents School of Austin. Members have all the rights, powers, and privileges accorded to them under Texas law and in the Articles of Incorporation and Bylaws, including the right to vote for the election of one member of the governing Board each year and to participate in the nomination process by signing petitions for candidates for election and recommending names for appointed positions. Members also have the right to appear at the meetings of the Board to raise issues of concern, in consultation with Board Chairman. |
| Form 990, Part VI, Section B, line 11 | Regents provides a complete and accurate Form 990 to the Board before the return is filed. |
| Form 990, Part VI, Section B, line 12c | Enforcement of Conflicts Policy Under the Bylaws of Regents School of Austin, each year the members of the Board and all committees are asked to review the school's policy on conflicts of interest found in the Bylaws and sign a statement that they have conducted such a review and are in compliance with the policy, which requires disclosure of any possible conflicts of interest and consideration by the Board of whether a conflict exists, and if so, is permissible as being the best interests of the School on terms that are fair and reasonable to the School. The school is also beginning a process through which all existing contracts and agreements will be reviewed to verify that no conflicts exist and assure that all contracts entered into, whether new or through an amendment to existing agreements, contain language requiring the party contracting with the school to disclose any possible conflicts of interests. |
| Form 990, Part VI, Section B, line 15 | Compensation Process for Top Official- A compensation committee is appointed biennially by the Board to review the compensation of the Head of School. The review evaluates the performance of the Head in light of the goals that have been collaboratively established by the Head of the School and Board and based on his satisfaction of a series of objective, measurable criteria, with input from the full Board. The committee also compares the Heads compensation to that of the relevant peer groupings based on available data, specifically the aids of comparable privates schools in the Austin area and throughout the State of Texas and public school district superintendents in the Central Texas area. The recommendation of the compensation committee is brought to the full Board for approval. |
| Form 990, Part VI, Section C, line 19 | The governing documents, which include the conflicts of interest policy, are made available to members of the school and the public on request. The financial statements are reviewed by the Board quarterly in a meeting open to the public. The annual budget for the school, which is developed over the course of two or more meetings open to the public, is finally approved by the Board in a meeting open to the public. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents Financial Assistance Endowment Fund (dba Regents Endowment Fund) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3230 Travis Country Circle | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78735 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261379582 | EIN |
| Primary Activities | Manage the School's Endowment | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents School of Austin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Regents Financial Assistance Endowment Fund (dba Regents Endowment Fund) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $339,947 | InvolvedAmt |
| Method Of Amount Determination | Cost | MethodOfAmountDeterminationTxt |