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PRINCIPIA CORPORATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
PRINCIPIA CORPORATION (EIN 43-0652667)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-04-07
IRS object ID
201710979349300906
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-04-07T11:00:08-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE HORWATH LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker DriveAddressLine1Txt
Address Line2Suite 2600AddressLine2Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN430652667EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Principia CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRINBusinessNameControlTxt
Phone3144342100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 Clayton RoadAddressLine1Txt
CitySt LouisCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonD DOUGLAS GIBBSPersonNm
Person TitleVP of Finance and OperationsPersonTitleTxt
Signature2017-01-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Jonathan PalmerBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 Clayton RoadAddressLine1Txt
CitySt LouisCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$232,234,687GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.principia.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1912FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionTHE PRINCIPIA SHALL SEEK TO SERVE THE CAUSE OF CHRISTIAN SCIENCE THROUGH APPROPRIATE CHANNELS OPEN TO IT AS AN EDUCATIONAL INSTITUTION.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee1424TotalEmployeeCnt
Total Volunteers591TotalVolunteersCnt
Total Gross UBI$1,577,435TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$1,172,915NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$18,930,612PYContributionsGrantsAmt
CY Contributions Grants$15,732,945CYContributionsGrantsAmt
PY Program Service Revenue$27,542,413PYProgramServiceRevenueAmt
CY Program Service Revenue$28,666,303CYProgramServiceRevenueAmt
PY Investment Income$41,643,325PYInvestmentIncomeAmt
CY Investment Income$29,672,003CYInvestmentIncomeAmt
PY Other Revenue$1,372,838PYOtherRevenueAmt
CY Other Revenue$1,020,994CYOtherRevenueAmt
PY Total Revenue$89,489,188PYTotalRevenueAmt
CY Total Revenue$75,092,245CYTotalRevenueAmt
PY Grants And Similar Paid$16,514,280PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$15,967,672CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$37,291,531PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$39,718,235CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,246,282CYTotalFundraisingExpenseAmt
PY Other Expenses$27,402,346PYOtherExpensesAmt
CY Other Expenses$30,433,304CYOtherExpensesAmt
PY Total Expenses$81,208,157PYTotalExpensesAmt
CY Total Expenses$86,119,211CYTotalExpensesAmt
PY Revenues Less Expenses$8,281,031PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$11,026,966CYRevenuesLessExpensesAmt
Total Assets BOY$796,108,407TotalAssetsBOYAmt
Total Assets EOY$807,818,630TotalAssetsEOYAmt
Total Liabilities BOY$48,055,729TotalLiabilitiesBOYAmt
Total Liabilities EOY$54,097,564TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$748,052,678NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$753,721,066NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPrincipia's primary purpose is to serve the cause of Christian Science as an independent educational institution, providing pre-k through 12th grade education on its campus in west St. Louis County, Missouri, and college education on its campus in Elsah, Illinois. Established in 1898, Principia accepts no government funding and is not an activity of the Christian Science church.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$36,640,987ExpenseAmt
Grant$15,967,672GrantAmt
Revenue$18,657,238RevenueAmt
DescINSTRUCTION: IN 1897, MARY KIMBALL MORGAN, A CHRISTIAN SCIENTIST, BEGAN HOME-SCHOOLING HER TWO SONS BECAUSE SHE BELIEVED SHE COULD GIVE THEM A FULLER EDUCATION THAN WHAT WAS BEING OFFERED IN THE PUBLIC SCHOOLS. GRADUALLY, IT BECAME APPARENT TO MRS. MORGAN THAT THE ESTABLISHMENT OF A SCHOOL WAS NEEDED. THE NAME "PRINCIPIA", MEANING "FIRST PRINCIPLES," WAS CHOSEN FOR THE SCHOOL MRS. MORGAN ESTABLISHED IN 1898. PRINCIPIA'S PRIMARY PURPOSE IS TO SERVE THE CAUSE OF CHRISTIAN SCIENCE AS AN EDUCATIONAL INSTITUTION - NOT THROUGH TEACHING THE THEOLOGY OF CHRISTIAN SCIENCE, BUT THROUGH PROVIDING PROGRAMS WHICH WILL ALLOW ITS STUDENTS TO GROW INTELLECTUALLY, ATHLETICALLY, SOCIALLY, MORALLY, AND SPIRITUALLY WITH THE SUPPORT AND EXAMPLE OF FELLOW STUDENTS, FACULTY AND STAFF. PRINCIPIA STRIVES TO TRAIN ITS STUDENTS "TO THINK CLEARLY, VIGOROUSLY, FEARLESSLY, TOLERANTLY, UNSELFISHLY." TEACHING AT PRINCIPIA ALSO "EMPHASIZES THE POINT OF VIEW THAT EDUCATION CARRIES WITH IT THE OBLIGATION TO USE TECHNICAL SKILLS AND INTELLECTUAL ATTAINMENTS FOR THE BETTERMENT OF HUMANITY." PRINCIPIA "TAKES THE POSITION THAT EDUCATION IN ITS FULLEST SENSE CANNOT BE CONFINED TO ACADEMIC SUBJECTS BUT INCLUDES THE BUILDING OF CHARACTER" (FROM PURPOSE AND POLICIES OF THE PRINCIPIA). PRINCIPIA COLLEGE FACTS PRINCIPIA COLLEGE IS LOCATED IN ELSAH, ILLINOIS. THE CURRICULUM OFFERS MEN AND WOMEN COURSES IN 26 REGULAR ACADEMIC MAJORS LEADING TO EITHER A BACHELOR OF ARTS OR BACHELOR OF SCIENCE DEGREE. 67% OF COLLEGE FACULTY HOLD TERMINAL DEGREES. NATIONAL PUBLICATIONS RECOGNIZE PRINCIPIA COLLEGE AS ONE OF THE TOP LIBERAL ARTS SCHOOLS IN THE MIDWEST. THE COLLEGE IS ACCREDITED BY THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION OF COLLEGES AND SCHOOLS AND ENROLLS APPROXIMATELY 450-500 STUDENTS EACH ACADEMIC YEAR. PRINCIPIA SCHOOL FACTS PRE-SCHOOL, LOWER SCHOOL, MIDDLE SCHOOL, UPPER SCHOOL PRINCIPIA SCHOOL IS A COED BOARDING AND DAY SCHOOL FOR CHRISTIAN SCIENTISTS LOCATED ON A 360-ACRE CAMPUS IN THE WESTERN SUBURBS OF ST. LOUIS. INSTRUCTION IS PROVIDED TO APPROX. 400 STUDENTS IN PRE-SCHOOL THROUGH 12TH GRADE. OVER 95 PERCENT OF GRADUATING SENIORS GO ON TO COLLEGE. THE UPPER SCHOOL OFFERS 21 HONORS/AP CLASSES. 80% OF STUDENTS WHO TOOK THE AP EXAMS IN THE 2014-15 SCHOOL YEAR SCORED 3 OR ABOVE ON A SCALE OF 1 TO 5. 31 STATES AND 20 COUNTRIES ARE REPRESENTED AMONG THE STUDENTS. 59% OF UPPER SCHOOL FACULTY HOLD ADVANCED DEGREES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$15,060,045ExpenseAmt
Revenue$11,051,441RevenueAmt
DescAUXILIARY ENTERPRISES: FOOD SERVICES ARE PROVIDED TO STUDENTS, FACULTY, AND STAFF THROUGH TWO FULL-SERVICE DINING ROOMS, PLUS A STUDENT GRILL. DORMITORIES PROVIDE HOUSING AT PRINCIPIA COLLEGE AT 12 HOUSES. APPROXIMATELY 50% OF UPPER SCHOOL STUDENTS ARE HOUSED IN EITHER A BOYS' OR GIRLS' DORMITORY. STUDENTS MAY PURCHASE A VARIETY OF SCHOOL SUPPLIES, BOOKS, CLOTHING, AND PERSONAL ITEMS AT EITHER THE COLLEGE OR SCHOOL BOOKSTORE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$11,816,234ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescSTUDENT SERVICES: INCLUDES ADMISSIONS, REGISTRAR, COLLEGE ATHLETICS, OFFICE OF STUDENT LIFE AND HEALTH SERVICES. PRINCIPIA COLLEGE IS A MEMBER OF THE ST. LOUIS INTERCOLLEGIATE ATHLETIC CONFERENCE (SLIAC), WHICH INCLUDES 10 COLLEGES LOCATED IN KENTUCKY, ILLINOIS, IOWA, AND MISSOURI. PRINCIPIA TEAMS COMPETE IN 8 MEN'S AND 8 WOMEN'S SPORTS. NO ATHLETIC SCHOLARSHIPS ARE OFFERED BY ANY MEMBER OF SLIAC. PRINCIPIA COLLEGE MAINTAINS SEVERAL ATHLETIC FACILITIES, INCLUDING AN ATHLETIC CENTER, NATATORIUM, FIELD HOUSE, INDOOR TENNIS CENTER, 4 OUTDOOR FIELDS, OUTDOOR TENNIS COURTS, AND RUNNING TRAILS. UPPER SCHOOL STUDENTS MAY PARTICIPATE IN THE ST. LOUIS METRO LEAGUE IN ONE OR MORE SPORTS OF THE 18 OFFERED. THE ATHLETIC FACILITIES INCLUDE 3 GYMNASIUMS, AN INDOOR SWIMMING POOL, SOCCER FIELD, FOOTBALL FIELD, ALL-WEATHER RUNNING TRACK, BASEBALL AND SOFTBALL FIELDS, TENNIS COURTS, ROPES COURSE, AND CROSS COUNTRY COURSE. THE OFFICE OF STUDENT LIFE COORDINATES COLLEGE SOCIAL ACTIVITIES, INTERNATIONAL STUDENT SUPPORT, RESIDENTIAL LIVING, AND STUDENT GOVERNMENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$6,955,843ExpenseAmt
DescOTHER: OTHER SERVICES, INCLUDING ACADEMIC SUPPORTDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$6,955,843TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$70,473,109TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1356IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1424EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryBRForeignCountryCd
Foreign CountryCHForeignCountryCd
Foreign CountryCYForeignCountryCd
Foreign CountryEZForeignCountryCd
Foreign CountryFRForeignCountryCd
Foreign CountryINForeignCountryCd
Foreign CountryEIForeignCountryCd
Foreign CountryLGForeignCountryCd
Foreign CountryMYForeignCountryCd
Foreign CountryMXForeignCountryCd
Foreign CountryNLForeignCountryCd
Foreign CountryPLForeignCountryCd
Foreign CountrySNForeignCountryCd
Foreign CountrySPForeignCountryCd
Foreign CountryTHForeignCountryCd
Foreign CountryUKForeignCountryCd
Foreign CountrySFForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1D Douglas GibbsBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3145143104PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 Clayton RoadAddressLine1Txt
CitySt LouisCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Meridee K Olsen
Chair (Begin 4-24-16) Treasurer (Thru 4-23-16)5.0Yes (X)Yes (X)$0$0$0
Catherine A Raffles
Chair (Thru 4-23-16)5.0Yes (X)Yes (X)$0$0$0
William Flatley
Vice Chair5.0Yes (X)Yes (X)$0$0$0
Charles Lindahl
Secretary5.0Yes (X)Yes (X)$0$0$0
Allan Marquardt
Treasurer (From 4-24-16)5.0Yes (X)Yes (X)$0$0$0
Robert J Macdonald
Officer At-Large (from 4-24-16)5.0Yes (X)Yes (X)$0$0$0
Lori Biesterfeldt
Trustee5.0Yes (X)$0$0$0
Glen H Cope
Trustee (Beginning 4-21-16)5.0Yes (X)$0$0$0
John D Friborg
Trustee5.0Yes (X)$0$0$0
Janna Lowe Hernholm
Trustee5.0Yes (X)$0$0$0
Jayme Walker Holcomb
Trustee5.0Yes (X)$0$0$0
Mindy Savides
Trustee5.0Yes (X)$0$0$0
Stephen J Shaper
Trustee5.0Yes (X)$0$0$0
Steve DeWindt
Trustee (Beginning 4-21-16)5.0Yes (X)$0$0$0
David J Anable
Trustee (Thru 1-31-16)5.0Yes (X)$0$0$0
Heidi Brooks Bradley
Trustee (From 10-22-15 thru 1-27-16)5.0Yes (X)$0$0$0
Robert B Schwentker
Trustee (Thru 4-23-16)5.0Yes (X)$0$0$0
JONATHAN W PALMER
CHIEF EXECUTIVE & COLLEGE PRES40.0Yes (X)$294,282$0$83,647
HOWARD E BERNER JR
CHIEF INVESTMENT OFFICER40.0Yes (X)$236,735$0$23,669
D DOUGLAS GIBBS
CHIEF FINANCIAL OFFICER40.0Yes (X)$156,695$0$12,291
KAREN B DEARBORN
ASSISTANT SECRETARY40.0Yes (X)$143,459$0$7,686
LAWRENCE EDWIN HARRISON JR
ASSISTANT SECRETARY40.0Yes (X)$86,167$0$9,372
EDWARD MCCARTY
ASSISTANT SECRETARY40.0Yes (X)$107,194$0$31,263
PETER ALAN STEVENS
ASSISTANT SECRETARY40.0Yes (X)$172,204$0$18,216
JOSEPH M RITTER
DEAN OF ACADEMICS40.0$165,241$0$46,427Yes (X)
Charles T Brantingham
School Principal40.0$157,165$0$134,766Yes (X)
Peter Dry
Dean of Innovation and Academics40.0$130,085$0$51,8580.0Yes (X)
Libby Scheiern
Assistant Dean of Academics40.0$116,139$0$11,163Yes (X)
DONNA GIBBS
DIRECTOR OF ALUMNI & FIELD RELATIONS40.0$105,556$0$16,280Yes (X)
Christopher Hufford
IT Director40.0$102,548$0$16,070Yes (X)
James Hegarty
Director of Academic Special Programs40.0$101,519$0$14,899Yes (X)
Julie Sanderude
Former Trustee10.0$13,805$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,088,794TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$477,607TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (true)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
SAGE Dining Services Inc
1402 York Rd Ste 100LuthervilleMD21093Food and Food Services$1,162,534
Wegman Electric Co
PO box 438East AltonIL62024Construction services$1,106,062
SYSCO St Louis LLC
3850 MuellerSt CharlesMO63301Food and food services$861,546
Helmkamp Construction Co
1 Helmkamp DrWood RiverIL62095Construction Services$779,378PO box 319
Global Travel Alliance Inc
13796Bridewater Crossings BlvdWindemereFL34786Trip booking and travel assistance$556,893Ste 1120
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K36CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
All Other Contributions$15,732,945AllOtherContributionsAmt
Noncash Contributions$4,483,616NoncashContributionsAmt
Total Contributions$15,732,945TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition and fees900099$18,773,030$18,773,030
Auxiliary enterprises900099$8,514,245$8,514,245
Fees for non-academic credit offerings900099$1,379,028$1,379,028

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$28,666,303TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,179,983TotalRevenueColumnAmt
Unrelated Business Revenue$1,577,435UnrelatedBusinessRevenueAmt
Exclusion$10,602,548ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$892,330RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$913,712RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$21,382RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$21,382TotalRevenueColumnAmt
Exclusion-$21,382ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$173,720,750SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$156,228,730SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$17,492,020SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,492,020TotalRevenueColumnAmt
Exclusion$17,492,020ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Credit card purchase rebates900099$104,972$104,972
Insurance rebate900099$93,044$93,044
Child care chrged to employees900099$84,341$84,341

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$760,019TotalRevenueColumnAmt
Related Or Exempt Func Income$760,019RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,042,376OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$75,092,245TotalRevenueColumnAmt
Related Or Exempt Func Income$29,708,679RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,577,435UnrelatedBusinessRevenueAmt
Exclusion$28,073,186ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$15,957,672TotalAmt
Program Services$15,957,672ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,693,379TotalAmt
Program Services$415,149ProgramServicesAmt
Management And General$1,101,871ManagementAndGeneralAmt
Fundraising$176,359FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$426,345TotalAmt
Program Services$194,592ProgramServicesAmt
Management And General$58,351ManagementAndGeneralAmt
Fundraising$173,402FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$28,246,065TotalAmt
Program Services$22,551,394ProgramServicesAmt
Management And General$3,618,385ManagementAndGeneralAmt
Fundraising$2,076,286FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,728,260TotalAmt
Program Services$1,381,626ProgramServicesAmt
Management And General$218,997ManagementAndGeneralAmt
Fundraising$127,637FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,498,689TotalAmt
Program Services$4,195,309ProgramServicesAmt
Management And General$894,746ManagementAndGeneralAmt
Fundraising$408,634FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,125,497TotalAmt
Program Services$1,680,580ProgramServicesAmt
Management And General$266,281ManagementAndGeneralAmt
Fundraising$178,636FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$2,465,777TotalAmt
Program Services$1,580,745ProgramServicesAmt
Management And General$555,912ManagementAndGeneralAmt
Fundraising$329,120FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$317,430TotalAmt
Program Services$96ProgramServicesAmt
Management And General$306,296ManagementAndGeneralAmt
Fundraising$11,038FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$381,707TotalAmt
Management And General$381,707ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,920,271TotalAmt
Program Services$2,814,155ProgramServicesAmt
Management And General$94,190ManagementAndGeneralAmt
Fundraising$11,926FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$671,238TotalAmt
Program Services$342,485ProgramServicesAmt
Management And General$118,903ManagementAndGeneralAmt
Fundraising$209,850FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$537,801TotalAmt
Program Services$122,093ProgramServicesAmt
Management And General$304,026ManagementAndGeneralAmt
Fundraising$111,682FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,516,847TotalAmt
Program Services$351,742ProgramServicesAmt
Management And General$1,135,188ManagementAndGeneralAmt
Fundraising$29,917FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,509,518TotalAmt
Program Services$1,444,251ProgramServicesAmt
Management And General$60,380ManagementAndGeneralAmt
Fundraising$4,887FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,114,356TotalAmt
Program Services$3,727,637ProgramServicesAmt
Management And General$127,894ManagementAndGeneralAmt
Fundraising$258,825FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$419,578TotalAmt
Program Services$342,742ProgramServicesAmt
Management And General$40,904ManagementAndGeneralAmt
Fundraising$35,932FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$655,893TotalAmt
Management And General$655,893ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,613,154TotalAmt
Program Services$8,314,270ProgramServicesAmt
Management And General$274,618ManagementAndGeneralAmt
Fundraising$24,266FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$829,761TotalAmt
Program Services$12,293ProgramServicesAmt
Management And General$817,468ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD$1,279,891$1,236,324$30,182$13,385
SUPPLIES & EQUIPMENT$2,835,614$2,633,821$159,590$42,203
BOOKSTORE$252,454$252,454
BAD DEBT$198,305$203,880-$8,596$3,021

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$913,709TotalAmt
Program Services$707,799ProgramServicesAmt
Management And General$186,634ManagementAndGeneralAmt
Fundraising$19,276FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$86,119,211TotalAmt
Program Services$70,473,109ProgramServicesAmt
Management And General$11,399,820ManagementAndGeneralAmt
Fundraising$4,246,282FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,483,379BOYAmt
EOY$6,673,058EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,217,450BOYAmt
EOY$7,249,294EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$134,172BOYAmt
EOY$113,785EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$2,184BOYAmt
EOY$728EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$895BOYAmt
EOY$900EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$10,656,119BOYAmt
EOY$10,481,649EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$228,136BOYAmt
EOY$206,737EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$548,670BOYAmt
EOY$813,767EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$227,376,069LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$117,814,277LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$109,142,979BOYAmt
EOY$109,561,792EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$206,847,652BOYAmt
EOY$191,157,096EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$425,869,624BOYAmt
EOY$407,228,659EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$34,977,147BOYAmt
EOY$74,331,165EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$796,108,407BOYAmt
EOY$807,818,630EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,947,923BOYAmt
EOY$4,988,927EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,861,535BOYAmt
EOY$17,344,409EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$5,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$26,246,271BOYAmt
EOY$26,764,228EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$48,055,729BOYAmt
EOY$54,097,564EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$375,424,230BOYAmt
EOY$343,129,059EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$157,239,242BOYAmt
EOY$139,079,862EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$215,389,206BOYAmt
EOY$271,512,145EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$748,052,678BOYAmt
EOY$753,721,066EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$796,108,407BOYAmt
EOY$807,818,630EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$11,026,966ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$27,161,274NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$43,856,628OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$543,343,659BeginningYearBalanceAmt
Contributions$1,216,502ContributionsAmt
Investment Earnings Or Losses$47,586,016InvestmentEarningsOrLossesAmt
Grants Or Scholarships$18,205,960GrantsOrScholarshipsAmt
Other Expenditures$26,105,584OtherExpendituresAmt
End Year Balance$547,834,633EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$563,667,387BeginningYearBalanceAmt
Contributions$10,695,188ContributionsAmt
Investment Earnings Or Losses$12,044,690InvestmentEarningsOrLossesAmt
Grants Or Scholarships$17,407,937GrantsOrScholarshipsAmt
Other Expenditures$25,655,669OtherExpendituresAmt
End Year Balance$543,343,659EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$507,871,510BeginningYearBalanceAmt
Contributions$10,957,847ContributionsAmt
Investment Earnings Or Losses$86,228,777InvestmentEarningsOrLossesAmt
Grants Or Scholarships$15,106,139GrantsOrScholarshipsAmt
Other Expenditures$26,284,608OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$563,667,387EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$458,255,048BeginningYearBalanceAmt
Contributions$29,035,261ContributionsAmt
Investment Earnings Or Losses$62,232,437InvestmentEarningsOrLossesAmt
Grants Or Scholarships$15,267,620GrantsOrScholarshipsAmt
Other Expenditures$26,383,616OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$507,871,510EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$497,759,124BeginningYearBalanceAmt
Contributions$8,057,140ContributionsAmt
Investment Earnings Or Losses-$3,878,275InvestmentEarningsOrLossesAmt
Grants Or Scholarships$14,563,211GrantsOrScholarshipsAmt
Other Expenditures$29,119,730OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$458,255,048EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.354BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.464PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.182TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$740,991OtherCostOrOtherBasisAmt
Book Value$740,991BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$176,233,651OtherCostOrOtherBasisAmt
Depreciation$89,029,927DepreciationAmt
Book Value$87,203,724BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$46,070,090OtherCostOrOtherBasisAmt
Depreciation$28,784,350DepreciationAmt
Book Value$17,285,740BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,331,337OtherCostOrOtherBasisAmt
Book Value$4,331,337BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$109,561,792TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
GENERAL and LIMITED PARTNERSHIPS$853,338F
REAL ESTATE$247,667F
DISTRESSED DEBT$14,148,834F
PRIVATE EQUITIES$78,882,849F
OIL & GAS RIGHTS$432,628F
HEDGE FUNDS$152,240,158F
REAL ASSET FUNDS$40,945,885F
BOND AND STOCK FUNDS$119,477,300F
FieldValueIRS element (for citing)
Total Book Value Securities$407,228,659TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
Other$209,242
Beneficial interests in trusts held by others$20,052,414
Perpetual trusts held by third party trustees$8,902,723
Equity interest in foreign support foundation$45,166,786
FieldValueIRS element (for citing)
Total Book Value Other Assets$74,331,165TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
INTEREST RATE SWAP LIABILITY$4,011,891
DEPOSITS AND OTHER$682,252
LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS$15,368,778
CONDITIONAL ASSET RETIREMENT OBLIGATION$6,701,307
FieldValueIRS element (for citing)
Total Liability$26,764,228TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$32,341,002TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$27,161,274NetUnrealizedGainsInvstAmt
Other Revenue$913,712OtherRevenueAmt
Revenue Not Reported-$26,247,562RevenueNotReportedAmt
Revenue Subtotal$58,588,564RevenueSubtotalAmt
Investment Expenses Not Incld$546,009InvestmentExpensesNotIncldAmt
Other Revenues Not Included$15,957,672OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$16,503,681RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$75,092,245TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$70,529,242TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$913,712OtherExpensesIncludedAmt
Expenses Not Reported$913,712ExpensesNotReportedAmt
Expenses Subtotal$69,615,530ExpensesSubtotalAmt
Investment Expenses Not Incld2$546,009InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$15,957,672OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$16,503,681ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$86,119,211TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 1cLine 1c includes $45,574,068 representing an increase in the endowment due to a change in the method of accounting for an equity interest in a foreign support entity. This line also includes $(1,623,545) due to a change in the method of reporting pledges related to endowment funds.
Schedule D, Part V, Line 1dColumn b for Line 1d has been changed to reflect correction of a computational error that was discovered after filing the prior year Form 990
Schedule D, Part V, Line 1eColumn b for Line 1e has been changed to reflect correction of an error (equal and offsetting to the error on Line 1d).
Schedule D, Part V, Line 4 Intended uses of endowment fundsENDOWMENT FUNDS ARE USED TO SUPPORT OPERATIONS, PROVIDE STUDENT AID AND OTHER USES AS DIRECTED BY DONORS. PRINCIPIA'S ENDOWMENT PROVIDES SUBSTANTIAL FUNDING FOR ANNUAL AND CAPITAL EXPENDITURES. PRINCIPIA INCURS SUBSTANTIAL FIXED COSTS FROM OPERATING TWO SEPARATE EDUCATIONAL INSTITUTIONS (4-YEAR LIBERAL ARTS COLLEGE AND PRE-K THROUGH 12TH GRADE SCHOOL). CONSEQUENTLY, PRINCIPIA IS MORE HIGHLY DEPENDENT UPON ITS ENDOWMENT TO PROVIDE FUNDS FOR SPENDING THAN SCHOOLS WITH SIMILAR SIZE ENROLLMENT. MANAGEMENT OF THE ENDOWMENT IS OVERSEEN BY AN INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES AND THE OFFICE OF THE CHIEF INVESTMENT OFFICER.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteTax positions taken related to Principia's tax exempt status, unrelated business activities, and other miscellaneous tax positions have been reviewed, and management is of the opinion that material positions taken by Principia would more likely than not be sustained on examination by taxing authorities, based on the technical merits of the positions. Accordingly, management has concluded that as of June 30, 2016, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in Principia's financial statements.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Rental expenses reported as offset to rental income - 913712
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements- Grants to students deducted on F/S in arriving at revenues - 15957672 - - - -
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Rental expenses reported as offset to rental income - 913712
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsGrants to students (reclassified from offset to revenues) - 15957672

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYFormAndLineReferenceDesc
ExplanationNONDISCRIMINATORY POLICY PUBLICIZED WITHIN COLLEGE AND OTHER SCHOOL CATALOGUES AND APPLICATION MATERIALS, AS WELL AS NEWSPAPERS, WHEN APPROPRIATE.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00Program ServicesSTUDENT AND FACULTY STUDY$198,853
East Asia and the Pacific00Program ServicesSTUDENT AND FACULTY STUDY$115,781
Europe (Including Iceland and Greenland)00Program ServicesSTUDENT AND FACULTY STUDY$1,187,458
Central America and the Caribbean00Investments$105,538,000
Europe (Including Iceland and Greenland)00Investments$11,098,000
North America (Canada & Mexico only)00Investments$819,000
North America (Canada & Mexico only)00Program ServicesSTUDENT AND FACULTY STUDY$19,316
South America00Program ServicesStudent and Faculty study$66,136
Sub-Saharan Africa00Program ServicesStudent study$153,177
Middle East and North Africa00Program ServicesStudent study$9,284
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$119,205,005SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$119,205,005TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1A Spring of HopeBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17741 NW 39th AveAddressLine1Txt
CityCoconut CreekCityNm
State AbbreviationFLStateAbbreviationCd
ZIP330733130ZIPCd
FieldValueIRS element (for citing)
Recipient EIN260851887RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$10,000CashGrantAmt
Purpose Of GrantTo provide funds for drilling a water well related to the Upper School outreach project in Simunye, South AfricaPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeGRANTS & SCHOLARSHIPSGrantTypeTxt
Recipient716RecipientCnt
Cash Grant$15,957,672CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationPRINCIPIA DISTRIBUTES GRANT AND SCHOLARSHIP FUNDS ONLY TO STUDENTS WHO APPLY THROUGH AN OFFICIAL FINANCIAL AID PROCESS. ALL GRANTS AND SCHOLARSHIPS ARE APPLIED TO THE STUDENT'S PRINCIPIA ACCOUNT TO OFFSET TUITION, ROOM, BOARD AND FEES. ALL GRANTS AND SCHOLARSHIPS ARE FROM INSTITUTIONAL FUNDS.PRINCIPIA DISTRIBUTES GRANT AND SCHOLARSHIP FUNDS ONLY TO STUDENTS WHO APPLY THROUGH AN OFFICIAL FINANCIAL AID PROCESS. ALL GRANTS AND SCHOLARSHIPS ARE APPLIED TO THE STUDENT'S PRINCIPIA ACCOUNT TO OFFSET TUITION, ROOM, BOARD AND FEES. ALL GRANTS AND SCHOLARSHIPS ARE FROM INSTITUTIONAL FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JONATHAN W PALMER
CHIEF EXECUTIVE & COLLEGE PRES$276,362$0$0$0$17,920$0$18,967$0$64,680$0$377,929$0$0$0
HOWARD E BERNER JR
CHIEF INVESTMENT OFFICER$233,472$0$0$0$3,263$0$17,584$0$6,085$0$260,404$0$0$0
D DOUGLAS GIBBS
CHIEF FINANCIAL OFFICER$155,220$0$0$0$1,475$0$11,662$0$629$0$168,986$0$0$0
KAREN B DEARBORN
ASSISTANT SECRETARY$141,021$0$0$0$2,438$0$2,820$0$4,866$0$151,145$0$0$0
PETER ALAN STEVENS
ASSISTANT SECRETARY$168,505$0$0$0$3,699$0$12,683$0$5,533$0$190,420$0$0$0
JOSEPH M RITTER
DEAN OF ACADEMICS$161,130$0$0$0$4,111$0$12,163$0$34,264$0$211,668$0$0$0
Charles T Brantingham
School Principal$155,512$0$0$0$1,653$0$11,777$0$122,989$0$291,931$0$0$0
Peter Dry
Dean of Innovation and Academics$130,085$0$0$0$0$0$2,253$0$49,605$0$181,943$0$0$0
Julie Sanderude
Former Trustee$13,805$0$0$0$0$0$0$0$0$0$13,805$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Travel for companionsOCCASIONALLY A SPOUSE MAY TRAVEL WITH THE COLLEGE PRESIDENT OR SCHOOL PRINCIPAL WHEN THE SPOUSE'S PRESENCE BENEFITS PRINCIPIA. THE SPOUSE ASSISTS THE EMPLOYEE WITH BUSINESS RELATED ACTIVITIES AND INTERACTS WITH POTENTIAL DONORS. THE VALUE OF THIS TRAVEL WAS NOT TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useTHE RESIDENCES PROVIDED TO THE COLLEGE PRESIDENT AND SCHOOL PRINCIPAL ARE REGULARLY USED TO HOST STUDENT ACTIVITIES AND MEETINGS. THE COLLEGE PRESIDENT AND SCHOOL PRINCIPAL ARE REQUIRED TO LIVE IN THESE RESIDENCES IN ORDER TO FULFILL THEIR DUTIES. THE ESTIMATED VALUE OF THE BENEFIT IS INCLUDED IN COLUMN D OF PART II AND WAS NOT TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT.
Schedule J, Part I, Line 1a Personal servicesTHE FACILITIES DEPARTMENT PROVIDES HOUSEKEEPING SERVICES AT THE PRESIDENT AND SCHOOL PRINCIPAL RESIDENCES, SINCE THESE LOCATIONS ARE REGULARLY USED TO HOST STUDENT ACTIVITIES AND MEETINGS, AS WELL AS EMPLOYEE AND DONOR EVENTS. THE ESTIMATED VALUE OF SUCH SERVICES IS INCLUDED IN COLUMN D OF PART II AND WAS NOT TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
VILLAGE OF ELSAH JERSEY COUNTY ILLINOIS
A3760377632006-02-01$10,000,000CONSTRUCTIONfalsefalsefalse
VILLAGE OF ELSAH JERSEY COUNTY ILLINOIS
B3760377632005-09-01$10,000,000CONSTRUCTIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$1,327,795$0$10,000,000$0$0$0$50,896$0$0$9,949,104$0$02008falsefalseYes (true)Yes (true)
B$1,327,796$0$10,000,000$0$0$0$98,217$0$0$9,901,783$0$02007falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Bfalsefalsefalsefalse0.00.00.0falsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
BANK OF AMERICA
AfalseYes (true)Yes (true)Yes (true)30.0Yes (true)falsefalsefalseYes (true)
BANK OF AMERICA
BfalseYes (true)Yes (true)Yes (true)30.0Yes (true)falsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part IV, Line 2c Rebate CalculationISSUER NAME; VILLAGE OF ELSAH, JERSEY COUNTY, ILLINOIS THE CACLUATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 10/13/2008
Schedule K, Part IV, Line 2c REBATE CALCULATIONISSUER NAME: VILLAGE OF ELSAH, JERSEY COUNTY, ILLINOIS THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 10/13/2008
Schedule K, Part IV, Line 2c COLUMN AIssuer name: VILLAGE OF ELSAH, JERSEY COUNTY, ILLINOIS The calculation for computing no rebate due was performed on 10/13/2008
Schedule K, Part IV, Line 2c COLUMN BIssuer name: VILLAGE OF ELSAH, JERSEY COUNTY, ILLINOIS The calculation for computing no rebate due was performed on 10/13/2008

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
Jane Harrison
Spouse of officerPurchase computerYes (X)$2,912$728falsefalseYes (true)
Kristyn Gibbs
Daughter of Chief Financial OfficerSalary advanceYes (X)$900$900falsefalseYes (true)
FieldValueIRS element (for citing)
Total Balance Due$1,628TotalBalanceDueAmt

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (3 entries)

Cash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxtAssistance PurposeAssistancePurposeTxt
See Part V
$89,510Merit scholarshipsAid students w/outstanding credentials
See Part V
$7,000Need-based grantsAid for students with financial need
See Part V
$102,225Staff discountAid provided to eligible employees

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
DOROTHY HALVERSON
SISTER OF LAWRENCE HARRISON (ASSISTANT SECRETARY)$122,235COMPENSATION & BENEFITSfalse
JANE HARRISON
SPOUSE OF LAWRENCE HARRISON (ASSISTANT SECRETARY)$72,357COMPENSATION & BENEFITSfalse
REBECCA STEVENS
SPOUSE OF PETER STEVENS (ASSISTANT SECRETARY)$26,861COMPENSATION & BENEFITSfalse
KATHERINE BETZLER
DAUGHTER OF JONATHAN PALMER (CEO)$51,082COMPENSATION & BENEFITSfalse
KRISTYN GIBBS
DAUGHTER OF DOUGLAS GIBBS (CFO)$58,351COMPENSATION & BENEFITSfalse
DONNA GIBBS
SPOUSE OF DOUGLAS GIBBS (CFO)$122,320COMPENSATION & BENEFITSfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part III GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationCOLLEGES, UNIVERSITIES AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY HAVE PROVIDED SCHOLARSHIPS, FELLOWSHIPS AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution26ContributionCnt
Noncash Contributions Rpt F990$466,016NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$4,007,600NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Real Estate Other RealEstateOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$10,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - : Number of contributions Securities - Closely held stock - : Number of contributions Real estate - Other - Unimproved lot in Brevard County, Florida: Number of contributionsExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services(Expenses $ 6,955,843 including grants of $) OTHER: OTHER SERVICES, INCLUDING ACADEMIC SUPPORT
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsAll Directors-See Schedule O - Business relationship
Form 990, Part VI, Line 4 Significant changes to organizational documentsOn October 23, 2015, the Articles of Incorporation of The Principia Corporation were amended. The amended articles assign to the directors of Principia Administrative Corporation (a Missouri Nonprofit Corporation) the authority to elect and/or remove members of the Board of Trustees of The Principia Corporation. The purposes for which Principia Administrative Corporation is organized are exclusively charitable, scientific, religious and educational.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersThe Principia Administrative Corporation (a Missouri Nonprofit Corporation) may select (by a majority vote of its directors) members of the governing board of The Principia Corporation. The Principia Administrative Corporation may remove members of the governing board of The Principia Corporation by a two-thirds vote of its directors. The purposes for which The Principia Administrative Corporation is organized are exclusively charitable, scientific, religious and educational.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyAFTER PRINCIPIA'S CONTROLLER PREPARES THE 990 RETURN, IT IS REVIEWED BY PRINCIPIA'S CFO AND THE FIRM OF CROWE HORWATH. AFTER REVIEW, THE 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR FURTHER REVIEW AND COMMENT. IF ANY CHANGES ARE NEEDED, THEY ARE MADE AND THEN THE RETURN IS SENT TO THE ENTIRE BOARD PRIOR TO ELECTRONICALLY SUBMITTING IT TO THE IRS.
Form 990, Part VI, Line 12c Conflict of interest policyCONFLICT OF INTEREST STATEMENTS ARE ANNUALLY SUBMITTED TO THE OFFICE OF THE CHIEF FINANCIAL OFFICER BY TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THESE STATEMENTS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CONTROLLER FOR THE PURPOSES OF 1) IDENTIFYING POTENTIAL OR ACTUAL CONFLICTS OF INTEREST, AND 2) ASSURING THAT TRANSACTIONS INVOLVING POTENTIAL OR ACTUAL CONFLICTS ARE PROPERLY DISCLOSED. IF CONFLICTS ARE DETERMINED TO EXIST, THE CONTROLLER WILL NOTIFY THE CHAIR OF THE AUDIT COMMITTEE OR THE CHAIR OF THE BOARD OF TRUSTEES, WHO WILL INFORM THE PARTY IN QUESTION THAT IT WOULD BE APPROPRIATE FOR THAT INDIVIDUAL TO REFRAIN FROM DISCUSSIONS OR VOTES INVOLVING THE IDENTIFIED CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialPRINCIPIA USES A BENCHMARK SYSTEM WHEREBY SALARIES ARE ANNUALLY ESTABLISHED AFTER REVIEWING WAGE DATA FOR COMPARABLE INSTITUTIONS. THIS BENCHMARK REVIEW PROCESS IS COMPLETED BY HUMAN RESOURCES. PRINCIPIA'S CHIEF EXECUTIVE RECEIVES THE SAME PERCENTAGE OR DOLLAR INCREASE THAT IS APPROVED ANNUALLY BY THE BOARD OF TRUSTEES FOR ALL PRINCIPIA EMPLOYEES. PRIOR TO GRANTING ADDITIONAL COMPENSATION TO THE CHIEF EXECUTIVE, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPARABLE BENCHMARK DATA PROVIDED BY HUMAN RESOURCES OR OUTSIDE CONSULTANTS AND DOCUMENTS ANY RECOMMENDATION CONCERNING ADDITIONAL COMPENSATION IN THEIR MEETING MINUTES.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesPRINCIPIA USES A BENCHMARK SYSTEM WHERE ANNUALLY SALARIES ARE SET AFTER REVIEWING WAGE DATA FOR COMPARABLE INSTITUTIONS. THIS BENCHMARK REVIEW PROCESS IS COMPLETED BY HUMAN RESOURCES. WITH RESPECT TO OFFICERS AND KEY EMPLOYEES, ANY PROPOSED ANNUAL SALARY CHANGES ARE MADE BY HUMAN RESOURCES AND REVIEWED/APPROVED BY THE CHIEF EXECUTIVE AND THE BOARD IF APPROPRIATE.
Form 990, Part VI, Line 19 Required documents available to the publicPRINCIPIA MAKES THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING BOARD BYLAWS ARE POSTED ON PRINCIPIA'S WEBSITE.
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueAll other revenue - Total Revenue: 760019, Related or Exempt Function Revenue: 760019, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesChange in value of beneficial interests in trusts held by others - 377749; Change in value of perpetual trusts held by third party trustees - -344487; Change in value of split interest agreements - -703127; Change in value of interest rate swap - -1047576; Change due to method of presentation of equity interest in foreign support foundation - 45574069;
Form 990, Part VI, Section A, Line 2 Family and Business RelationshipsForm 990, Part VI, Section A, Line 2 is answered yes as Each of the directors listed at Part VII, Section A serves as a director of a related organization for the same term length.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PRINCIPIA HOLDINGS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line113201 CLAYTON ROADAddressLine1Txt
CityST LOUISCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63131ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesINVESTINGPrimaryActivitiesTxt
Legal Domicile StateMOLegalDomicileStateCd
Total Income$49,468TotalIncomeAmt
End Of Year Assets$649,015EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PRINCIPIA CORPORATIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
PRINCIPIA COLLEGE COMMUNICATIONS
13201 CLAYTON ROADST LOUISMO63131431538094SUPPORTING ORGANIZATIONMO501(c)(3Type IN/AYes (true)
STICHTING FRED M VAN ECK SUPPORT FOUNDATION FOR THE PRINCIPIA CORPORATION
SUPPORTING ORGANIZATIONfalsePO BOX 5155GD OOSTRUMNLNL5750NLPRINCIPIA CORPORATION

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1COREST CVBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1NOBELSTRAAT 1AddressLine1Txt
CityNLCityNm
CountryNLCountryCd
Foreign PostalNL5807ForeignPostalCd
FieldValueIRS element (for citing)
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile Foreign CountryNLLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRelatedPredominantIncomeTypeTxt
Share Of Total Income$0ShareOfTotalIncomeAmt
Share Of EOY Assets$0ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V$0UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.0OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (35 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtAddress Line2ForeignAddress/AddressLine2TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACd
CORDSTRAP MANAGEMENT BV
NOBELSTRAAT 1OOSTRUM GAOOSTRUM, GANLNL5807R&D & MKTGNLNAC Corporation
CORDSTRAP WEAVING BV
BOSMANSKAMP 25GERLDERMALSENGELDERMALSEN, MSNLNL4191R&D & MFGNLNAC Corporation
CORDSTRAP GMBH
TACKWEG 41TONISVORSTTONISVORSTGMD47918MKTG&SALES&DIGMNAC Corporation
CORDSTRAP (MIDDLE EAST) LIMITED
SAVVIDES MONARCH CENTERNICOSIAACROP NICOSIACY5961MKTG&SALES&DICYNAC Corporation59-61 ACROPOLEOS AVE
CORDSTRAP MALAYSIA SDN BHD
NO 28 JALAN KASUARINA 12 BDR ABGKLANGSELANGORMY41200MYMKTG&SALES&DIMYNAC CorporationBANDAR AMBANG BOTANIC
CORDSTRAP MEXICO SA DE CV
COL VALLE DEL CAMPESTREGARZA GARCIAN.L.MX66200MKTG&SALES&DIMXNAC Corporation
CORDSTRAP LOAD SECURING SYSTEMS (WUXI) C
LAND C24 PHASE 4 A-PARKWUXIA-PARK WUXICHMFG&MKTG&SALECHNAC Corporation
CORDSTRAP CANADA CORPORATION
30020689 FRAISER HYLANGLEY BRITISH COLUMBIABRITISH COLUMBIACAMKTG&SALES&DICANAC Corporation
CORDSTRAP LIMITED
PADDOCK RD W PIMBO SKELMERSDALELANCASHIRESKELMERSDALEUKMKTG&SALES&DIUKNAC Corporation
CORDSTRAP IRELAND LTD
41 PERCY PLANEDUBLINDUBLINEIMKTG&SALES&DIEINAC Corporation
CORDSTRAP POLSKA SPZ OO
WYSOGOTOWO UL KAMIENNAPRZEZMIEROWOPREZMIEROWOPL62081MKTG&SALES&DIPLNAC Corporation
CORDSTRAP NIERUCHOMOSCI SPZ OO
WYSOGOTOWO UL KAMIENNAPREZMIEROWOPREZMIEROWOPL62081REAL ESTATEPLNAC Corporation
SIA CORDSTRAP BALTIC
71 GANIBU DAMBOISRIGA LVRIGA, LVLG1045MKTG&SALES&DILGNAC Corporation
CORDSTRAP ITALIA SRL
VIA PAPA GIOVANNI PAOLO 1 422UBOLDO VAUBOLDO, VAIT21040MKTG&SALES&DIITNAC Corporation
CORDSTRAP SARL
5-7 AVE CHARLES DE GAULLESENLISSENLISFR60300MKTG&SALES&DIFRNAC Corporation
CORDSTRAP ESPANA SLU
2 CALLE ZURIC SABADELLBARCELONABARCELONASP8207MKTG&SALES&DISPNAC Corporation
CORDSTRAP REINFORCED TAPES BV
NOBELSTRAAT1OOSTRUM GAOOSTRUM, GANLNL5807R&D-MFG&MKTGNLNAC Corporation
CONTINENTAL STRAP BV
KONINGSHOEVEN 69 UNIT VIIITILBURG AATILBURG, AANLNL5018MKTG&SALES&DINLNAC Corporation
THE TOOLING COMPANY BV
KONINGSHOEVEN 69 UNIT VIIITILBURG AATILBURG, AANLNL5018MKTG&SALES&DINLNAC Corporation
CORDSTRAP SOUTH AFRICA (PTY) LTD
228A ALBERT AMON STREET MEADOWDALEGERMISTON GAUTENGGERMISTON, GAUTESF1401MKTG&SALES&DISFNAC Corporation
CORDSTRAP CHINA LTD
STE F 8/F TOWER 2HONG KONGHONG KONGCHHOLDING COMPANYCHNAC CorporationTHE CENTERSTAGE 108 HOLLYWOOD RD
CORDSTRAP ASIA PTE LTD
10 ANSON ROADSINGAPORESN7990DORMANTSNNAC Corporation335-08 INTERNATIONAL
COREST MANAGEMENT BV
NOBELSTRAAT 1OOSTRUM GAOOSTRUM, GANLNL5807HOLDING COMPANYNLNAC Corporation
CORDSTRAP INDIA PRIVATE LIMITED
SUITE 47 VATIKA BUSINESS CENTREPUNEPUNE - 411006INMKTG&SALES&DIINNAC Corporation
CORDSTRAP DO BRASIL
RUA AFONSO PENA 81CACHOEIRINHA RSCACHOEIRINHA - RSBRMKTG&SALES&DIBRNAC Corporation
CORDSTRAP SRO
JAKUBSKA 2PRAHAPRAHA 1, 11000EZMKTG&SALES&DIEZNAC Corporation
CORDSTRAP MEXICO SERVICIOS
COL VALLE DEL CAMPESTREGARZA GARCIANLMX66200MKTG&SALES&DIMXNAC Corporation
CHARITABLE LEAD TRUST (3)
CHARITABLE LEAD TRUST TO BENEFIT PRINCIPIANATrustYes (true)
PERPETUAL TRUSTS (5)
PERPETUAL TRUSTS TO BENEFIT PRINCIPIANATrustYes (true)
CHARITABLE REMAINDER TRUSTS (47)
CHARITABLE REMAINDER TRUSTS TO BENEFIT PRINCIPIANATrustYes (true)
NON-CHARITABLE TRUSTS (3)
TRUST CREATED BY BEQUEST TO BENEFIT PRINCIPIANATrustYes (true)
POOLED INCOME FUNDS (56)
POOLED INCOME FUND TO BENEFIT PRINCIPIANATrustYes (true)
CORDSTRAP THAILAND
4/222 HARBOR OFFICE BLDG 6TH FLRTUNGSUKLA SUBDISTRICT SRIRACHA DST CHONBURITUNGSUKLATHMKTG&SALES&DITHNAC CorporationNO 10 SUKHUMVIT RD
PRINCIPIA ADMINISTRATIVE CORPORATION
APPOINTMENT OF RELATED ORGANIZATIONS' BOARD MEMBERSC Corporationfalse13201 CLAYTON RDSAINT LOUISMO63131813381065MON/A
POLO Endstriyel Plastik San Ve Tic AS Cordstrap Turkey
Ferhat Pasa Serbest Bolge MahCatalca IstanbulTU34540MKTG&SALES&DITUC CorporationN/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part V, Line 2 IDENTIFICATION OF RELATED TAX EXEMPT ORGANIZATIONSFormAndLineReferenceDesc
ExplanationTHE STICHTING FRED M. VAN ECK SUPPORT FOUNDATION FOR THE PRINCIPIA CORPORATION IS AN EXEMPT ENTITY ORGANIZED IN THE NETHERLANDS. IT HAS NO U.S. SOURCED INCOME AND NO U.S. FILING REQUIREMENT.ExplanationTxt