VAIL MOUNTAIN SCHOOL: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- VAIL MOUNTAIN SCHOOL (EIN 84-0533775)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-02-11
- IRS object ID
- 201640429349301739
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-11T16:34:22-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5299 DTC BLVD STE 1000 | AddressLine1Txt |
| City | GREENWOOD VILLAGE | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 801113329 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840533775 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAIL MOUNTAIN SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VAIL | BusinessNameControlTxt |
| Phone | 9704763850 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 BOOTH FALLS ROAD | AddressLine1Txt |
| City | VAIL | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 816574631 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANN SMEAD | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 9704763850 | PhoneNum |
| Signature | 2016-02-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KYLE FRITCH CPA | PreparerPersonNm |
| PTIN | P01313374 | PTIN |
| Phone | 3037705700 | PhoneNum |
| Preparation | 2016-02-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANN SMEAD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 BOOTH FALLS ROAD | AddressLine1Txt |
| City | VAIL | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 816574631 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,293,263 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VMS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | PREPARE STUDENTS INTELLECTUALLY, EMOTIONALLY, AND ETHICALLY TO THRIVE IN A COLLEGIATE SETTING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 130 | TotalEmployeeCnt |
| Total Volunteers | 220 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,250,121 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,515,399 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,815,933 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,137,295 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,915,534 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,399,549 | CYInvestmentIncomeAmt |
| PY Other Revenue | $83,642 | PYOtherRevenueAmt |
| CY Other Revenue | $33,704 | CYOtherRevenueAmt |
| PY Total Revenue | $11,065,230 | PYTotalRevenueAmt |
| CY Total Revenue | $12,085,947 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,054,167 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $962,058 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,834,374 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,956,274 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $6,599 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $318,307 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,337,780 | PYOtherExpensesAmt |
| CY Other Expenses | $5,148,870 | CYOtherExpensesAmt |
| PY Total Expenses | $10,232,920 | PYTotalExpensesAmt |
| CY Total Expenses | $12,067,202 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $832,310 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,745 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $49,491,966 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,186,475 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,330,640 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,079,497 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $21,161,326 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,106,978 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE SCHOOL'S MISSION IS TO PREPARE STUDENTS INTELLECTUALLY, EMOTIONALLY, AND ETHICALLY TO THRIVE IN A COLLEGIATE SETTING AND BEYOND WITH THE LIFE-LONG PURPOSE OF ACTIVE PARTICIPATION IN GLOBAL CITIZENSHIP. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,170,241 | ExpenseAmt |
| Grant | $962,058 | GrantAmt |
| Revenue | $9,132,295 | RevenueAmt |
| Desc | VAIL MOUNTAIN SCHOOL PROVIDES A SOUND ACADEMIC EDUCATION IN A DYNAMIC EDUCATIONAL ENVIRONMENT TO APPROXIMATELY 420 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE. THE SCHOOL ALSO PROVIDES OPPORTUNITIES FOR PERSONAL EXPLORATION AND INTERPERSONAL GROWTH THROUGH ITS MANY CO-CURRICULAR PROGRAMS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $28,962 | ExpenseAmt |
| Revenue | $5,000 | RevenueAmt |
| Desc | SUMMERQUEST IS A POWERFUL SUMMER ACADEMIC PROGRAM FOR PUBLIC SCHOOL STUDENTS IN EAGLE COUNTY WITH GREAT POTENTIAL, BUT WHO ARE IN NEED OF ADDITIONAL SUPPORT AND POSITIVE ROLE MODELS. SUMMERQUEST IS A MEANS FOR VMS TO GIVE BACK TO THE LOCAL COMMUNITY. THE PROGRAM SERVES AS A TEACHING LABORATORY STAFFED WITH EXPERIENCED MENTOR TEACHERS, COLLEGE STUDENTS, AND HIGH SCHOOL STUDENTS WHO ARE ASPIRING EDUCATORS. EACH JULY, STUDENTS IN SIXTH, SEVENTH, AND EIGHTH GRADE STUDY MATH, READING, SPELLING, WRITING, AND PUBLIC SPEAKING, WHILE ALSO PLAYING GAMES, ATTENDING CULTURAL EVENTS SUCH AS CONCERTS AND A ROCKIES GAME, AND BONDING. STUDENTS ARE NOMINATED BY TEACHERS IN THE PUBLIC SCHOOLS AND TYPICALLY ENTER THE PROGRAM IN SIXTH GRADE AND STAY THROUGH THE END OF THE SESSION FOLLOWING THEIR EIGHTH GRADE YEAR. THE GOAL IS TO INSPIRE A POSITIVE OUTLOOK FOR THE STUDENTS AND EQUIP THEM WITH THE ACADEMIC SKILLS AND CONFIDENCE TO SUCCEED IN HIGH SCHOOL AND COLLEGE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $9,199,203 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 130 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL IMPERI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9704763850 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 BOOTH FALLS ROAD | AddressLine1Txt |
| City | VAIL | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 816574631 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ANN SMEAD | |||||||
| CHAIRMAN | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KRISTI FERRARO | |||||||
| SECRETARY | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ERIC RESNICK | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL IMPERI | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | Yes (X) | $289,344 | $0 | $32,619 | |
| SALLY JOHNSON | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN LEEVER | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SLEVIN | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSH LAUTENBERG | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| JUAN CARLOS AZIZ | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| KAIA MORITZ | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| DORIS KIRCHNER | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| ANNE MARIE KEANE | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELE EVANS | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE SPESSERD | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTEN TANG | |||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK FENSTERMACHER | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $165,123 | $0 | $12,378 | ||
| TRAVIS ALDRICH | |||||||
| HEAD OF UPPER SCHOOL | 40.00 | $103,006 | $0 | $24,160 | Yes (X) | ||
| AARON CISZEK | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $105,900 | $0 | $9,506 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $663,373 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $78,663 | 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 |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $587,150 | FundraisingAmt |
| All Other Contributions | $928,249 | AllOtherContributionsAmt |
| Noncash Contributions | $456,948 | NoncashContributionsAmt |
| Total Contributions | $1,515,399 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611600 | $8,730,637 | $8,730,637 |
| ACTIVITY FEES | 611600 | $363,371 | $363,371 |
| AFTER SCHOOL PROGRAM | 611600 | $20,729 | $20,729 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,558 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,558 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,137,295 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $611,421 | TotalRevenueColumnAmt |
| Exclusion | $611,421 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $112,846 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $19,820 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $93,026 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $93,026 | TotalRevenueColumnAmt |
| Exclusion | $93,026 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $790,120 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $1,992 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $790,120 | SecuritiesAmt |
| Other | -$1,992 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $788,128 | TotalRevenueColumnAmt |
| Exclusion | $788,128 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $78,641 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $587,150 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $168,644 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$90,003 | TotalRevenueColumnAmt |
| Exclusion | -$90,003 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $47,541 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $16,860 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,681 | TotalRevenueColumnAmt |
| Exclusion | $30,681 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,085,947 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,137,295 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,433,253 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $962,058 | TotalAmt |
| Program Services | $962,058 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $467,241 | TotalAmt |
| Program Services | $20,902 | ProgramServicesAmt |
| Management And General | $408,530 | ManagementAndGeneralAmt |
| Fundraising | $37,809 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,955,263 | TotalAmt |
| Program Services | $2,934,075 | ProgramServicesAmt |
| Management And General | $869,368 | ManagementAndGeneralAmt |
| Fundraising | $151,820 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,497 | TotalAmt |
| Program Services | $116,309 | ProgramServicesAmt |
| Management And General | $28,170 | ManagementAndGeneralAmt |
| Fundraising | $6,018 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,058,438 | TotalAmt |
| Program Services | $819,396 | ProgramServicesAmt |
| Management And General | $206,909 | ManagementAndGeneralAmt |
| Fundraising | $32,133 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,835 | TotalAmt |
| Program Services | $217,536 | ProgramServicesAmt |
| Management And General | $96,043 | ManagementAndGeneralAmt |
| Fundraising | $11,256 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,500 | TotalAmt |
| Management And General | $51,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,540 | TotalAmt |
| Management And General | $191,540 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,336 | TotalAmt |
| Management And General | $77,336 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,187 | TotalAmt |
| Management And General | $77,187 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,649 | TotalAmt |
| Management And General | $212,604 | ManagementAndGeneralAmt |
| Fundraising | $40,045 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,308 | TotalAmt |
| Program Services | $102,875 | ProgramServicesAmt |
| Management And General | $3,033 | ManagementAndGeneralAmt |
| Fundraising | $1,400 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $420,092 | TotalAmt |
| Program Services | $402,741 | ProgramServicesAmt |
| Management And General | $11,872 | ManagementAndGeneralAmt |
| Fundraising | $5,479 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,695 | TotalAmt |
| Program Services | $85,022 | ProgramServicesAmt |
| Management And General | $23,339 | ManagementAndGeneralAmt |
| Fundraising | $3,334 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,257,564 | TotalAmt |
| Program Services | $1,205,621 | ProgramServicesAmt |
| Management And General | $35,540 | ManagementAndGeneralAmt |
| Fundraising | $16,403 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $910,657 | TotalAmt |
| Program Services | $867,491 | ProgramServicesAmt |
| Management And General | $32,153 | ManagementAndGeneralAmt |
| Fundraising | $11,013 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,462 | TotalAmt |
| Program Services | $117,404 | ProgramServicesAmt |
| Management And General | $3,461 | ManagementAndGeneralAmt |
| Fundraising | $1,597 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT ACTIVITIES | $931,513 | $931,513 | |
| PROGRAM SUPPLIES | $228,111 | $228,111 | |
| BAD DEBT | $221,107 | $221,107 | |
| PROGRAM ATHLETICS | $181,726 | $181,726 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,423 | TotalAmt |
| Program Services | $6,423 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,067,202 | TotalAmt |
| Program Services | $9,199,203 | ProgramServicesAmt |
| Management And General | $2,549,692 | ManagementAndGeneralAmt |
| Fundraising | $318,307 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,935 | BOYAmt |
| EOY | $2,091,893 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,239,272 | BOYAmt |
| EOY | $713,715 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,339 | BOYAmt |
| EOY | $106,198 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,884 | BOYAmt |
| EOY | $123,039 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,938,695 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,894,778 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,178,286 | BOYAmt |
| EOY | $22,043,917 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,713,014 | BOYAmt |
| EOY | $21,859,152 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,428 | BOYAmt |
| EOY | $2,775,541 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,368,808 | BOYAmt |
| EOY | $473,020 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,491,966 | BOYAmt |
| EOY | $50,186,475 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $725,875 | BOYAmt |
| EOY | $813,094 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,536,486 | BOYAmt |
| EOY | $4,051,347 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,298,344 | BOYAmt |
| EOY | $19,964,020 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $40,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,850,989 | BOYAmt |
| EOY | $4,597,078 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $868,946 | BOYAmt |
| EOY | $613,958 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,330,640 | BOYAmt |
| EOY | $30,079,497 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,647,424 | BOYAmt |
| EOY | $17,955,116 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,343,561 | BOYAmt |
| EOY | $1,456,521 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,341 | BOYAmt |
| EOY | $695,341 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,161,326 | BOYAmt |
| EOY | $20,106,978 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,491,966 | BOYAmt |
| EOY | $50,186,475 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $18,745 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,073,093 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $179,701 | BeginningYearBalanceAmt |
| Contributions | $525,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$418 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $704,283 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $179,405 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $296 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $179,701 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $178,965 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $440 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $179,405 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $178,592 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $373 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $178,965 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $180,236 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $856 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,500 | OtherExpendituresAmt |
| End Year Balance | $178,592 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.98730 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01270 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,313,947 | OtherCostOrOtherBasisAmt |
| Book Value | $3,313,947 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,593,477 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,694,834 | DepreciationAmt |
| Book Value | $17,898,643 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $424,933 | OtherCostOrOtherBasisAmt |
| Depreciation | $149,925 | DepreciationAmt |
| Book Value | $275,008 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,957,241 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,409,722 | DepreciationAmt |
| Book Value | $547,519 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $649,097 | OtherCostOrOtherBasisAmt |
| Depreciation | $640,297 | DepreciationAmt |
| Book Value | $8,800 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $22,043,917 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| POOLED HEDGED EQUITY | $1,247,033 | F |
| INTERNATIONAL HEDGED EQUITY | $1,528,508 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,775,541 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TUITION BONDS PAYABLE | $187,500 |
| TERMINATION LIABILITY ON SWAP AGREEMENT | $426,458 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $613,958 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,879,076 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,073,093 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$962,058 | OtherRevenueAmt |
| Revenue Not Reported | -$2,035,151 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,914,227 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $191,540 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$19,820 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $171,720 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,085,947 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,933,424 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $19,820 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $19,820 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,913,604 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $191,540 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $962,058 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,153,598 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,067,202 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL'S ENDOWMENT IS COMPRISED OF FIVE INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING TO SUPPORT PROFESSIONAL DEVELOPMENT AND INCENTIVE PROGRAMS FOR TEACHERS. |
| PART X, LINE 2: | THE SCHOOL IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(II), AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER CODE SECTION 509(A)(1). THE SCHOOL IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE SCHOOL HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | TUITION ASSISTANCE NETTED WITH INCOME ON FINANCIALS -962,058. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED WITH INCOME ON FORM 990 -19,820. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED WITH INCOME ON FORM 990 19,820. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TUITION ASSISTANCE NETTED WITH INCOME ON FINANCIALS 962,058. |
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 | THE ASSOCIATION OF COLORADO INDEPENDENT SCHOOLS PUBLISHES THE RACIALLY NONDISCRIMINATORY POLICY ANNUALLY IN THE DENVER POST ON VAIL MOUNTAIN SCHOOL'S BEHALF PURSUANT TO THE GUIDELINES SET FORTH BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $302,725 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $250,809 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $51,916 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $2,015 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $53,990 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $17,300 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $85,364 | OtherDirectExpensesEvent1Amt |
| Event2 | SILENT AUCTION | Event2Nm |
| Gross Receipts Event2 | $346,316 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $336,341 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $9,975 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $9,975 | NonCashPrizesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $16,750 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $16,750 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $665,791 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $587,150 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $78,641 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $11,990 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $53,990 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $17,300 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $85,364 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $168,644 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$90,003 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $47,541 | GrossRevenueOtherGamingAmt |
| Non Cash Prizes Other Gaming | $16,860 | NonCashPrizesOtherGamingAmt |
| Volunteer Labor Other Gaming | Yes (1) | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 1.00000 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $47,541 | GrossRevenueTotalGamingAmt |
| Non Cash Prizes Total Gaming | $16,860 | NonCashPrizesTotalGamingAmt |
| Direct Expense Summary Gaming | $16,860 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $30,681 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | CO | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (1) | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Individual With Books | AARON CISZEK | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 BOOTH FALLS ROAD | AddressLine1Txt |
| City | VAIL | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81657 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | MICHAEL CONNOLLY | GamingManagerPersonNm |
| Gaming Manager Services Prov | OVERALL SUPERVISION AND MANAGEMENT OF THE GAMING ACTIVITY OF THE ORGANIZATION AS WELL AS ENSURING THE ACTIVITY COMPLIES WITH COLORADO RULES AND REGULATIONS. | GamingManagerServicesProvTxt |
| Gaming Manager Is Ind Cntrct | Yes (X) | GamingManagerIsIndCntrctInd |
| Charitable Distribution Rqr | Yes (1) | CharitableDistributionRqrInd |
| Distributed | $30,681 | DistributedAmt |
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 | SCHOLARSHIPS AND TUITION ASSISTANCE | GrantTypeTxt |
| Recipient | 98 | RecipientCnt |
| Cash Grant | $962,058 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS AND OTHER AWARDS ARE COMPLETELY MONITORED INTERNALLY BY THE SCHOOL. MONEY IS NEVER PAID DIRECTLY TO A RECIPIENT; RATHER, THE RECIPIENT'S TUITION DUE TO THE SCHOOL IS REDUCED BY THE AMOUNT OF THE AWARD OR SCHOLARSHIP. THE FINANCIAL AID COMMITTEE HAS THREE MEMBERS AND IT MEETS TO REVIEW THE MATERIALS PROVIDED BY THE FAMILIES APPLYING FOR FINANCIAL AID. THE COMMITTEE USES FAST (FINANCIAL AID SCHOOL TUITION) WHO RECEIVES AN APPLICATION AND PROCESSES THAT INFORMATION INTO A FORM THAT IS SENT TO THE SCHOOL WITH A RECOMMENDATION OF A POTENTIAL AWARD. THE COMMITTEE REVIEWS THE FAMILIES' INCOME TAX RETURN (FORM 1040) ALONG WITH THE FAST FORM AND MAKES AN AWARD DETERMINATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL IMPERI | ||||||||||||||
| HEAD OF SCHOOL | $243,174 | $0 | $10,000 | $0 | $36,170 | $0 | $17,500 | $0 | $16,056 | $0 | $322,900 | $0 | $0 | $0 |
| MARK FENSTERMACHER | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $161,643 | $0 | $3,000 | $0 | $480 | $0 | $4,885 | $0 | $8,103 | $0 | $178,111 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEAD OF SCHOOL RECEIVES A HOUSING ALLOWANCE AND A HEALTH CLUB MEMBERSHIP ALLOWANCE. THE BENEFITS PROVIDED ARE TREATED AS TAXABLE COMPENSATION AND INCLUDED ON THE W-2. |
| PART I, LINE 7 | THE ORGANIZATION'S COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF AS DEFINED BY THE COMMITTEE TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2014, THE COMPENSATION COMMITTEE AWARDED THE HEAD OF SCHOOL, CFO, AND HEAD OF UPPER SCHOOL A BONUS BASED ON REVIEW OF THEIR PERFORMANCES AND SERVICES TO THE ORGANIZATION. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 840896727 | BondIssuerEIN |
| CUSIP | 19645DBL5 | CUSIPNum |
| Bond Issued | 2010-03-01 | BondIssuedDt |
| Issue Price | $20,490,022 | IssuePriceAmt |
| Purpose | REFUND THE OUTSTANDING REVENUE BONDS SERIES 2003 ISSUED MAY 13, 2003 | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $725,000 | RetiredAmt |
| Total Proceeds | $20,490,023 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $409,801 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $20,080,222 | OtherSpentProceedsAmt |
| Substantial Completion | 2010 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
| Business Name Line2 | CAPITAL SERVICES | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 25.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $120,607 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 38 | $153,084 | ESTIMATED FMV |
| Yes (X) | GIFT CERTIFICATES, MEMBERSHIPS, AND SUBSCRIPTIONS | 87 | $108,154 | SELLING PRICE |
| Yes (X) | TRAVEL AND GETAWAYS | 27 | $75,103 | SELLING PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | IN AUGUST OF 2014 VAIL MOUNTAIN SCHOOL INTRODUCED A NEW INTERNATIONAL STUDENT PROGRAM. THE PROGRAM OFFERS STUDENTS THE OPPORTUNITY TO BECOME IMMERSED IN AMERICAN CULTURE AND RECEIVE A TOP-NOTCH COLLEGE PREPARATORY EDUCATION IN OUR PRISTINE MOUNTAIN PARADISE. INTERNATIONAL UPPER SCHOOL STUDENTS LIVE WITH LOCAL HOST FAMILIES AND ARE HERE FOR THE DURATION OF THE SCHOOL YEAR. INTERNATIONAL GUEST STUDENTS ENROLL FOR A MINIMUM OF ONE YEAR AND MAY ELECT TO STAY UNTIL GRADUATION. WITH A STRONG ACADEMIC CORE ENRICHED BY ARTS, ATHLETICS, ETHICS, OUTDOOR EDUCATION, TRAVEL, AND SERVICE LEARNING, VMS PROVIDES AN EDUCATION THAT CANNOT BE FOUND ANYWHERE ELSE IN THE WORLD. IT IS A PRIVILEGE FOR OUR SCHOOL COMMUNITY TO WELCOME INTERNATIONAL STUDENTS TO OUR UNIQUE LEARNING ENVIRONMENT. THE OVERARCHING GOAL OF THE INTERNATIONAL GUEST STUDENT PROGRAM IS TO ENHANCE THE CULTURAL DIVERSITY OF THE SCHOOL AND ENRICH OUR GLOBAL CURRICULUM THROUGH DIRECT CROSS-CULTURAL EXCHANGE. THE LONG TERM VISION OF THE INTERNATIONAL PROGRAM INCLUDES PARTNERSHIPS WITH SCHOOLS IN ASIA, EUROPE AND SOUTH AMERICA, STUDENT AND FACULTY EXCHANGES AROUND THE GLOBE, A ROBUST ARRAY OF STUDY ABROAD TRIPS, DUAL DEGREE PROGRAMS WITH FOREIGN HIGH SCHOOLS, AND UPWARD OF 30 INTERNATIONAL STUDENTS FROM A VARIETY OF COUNTRIES AND CULTURES. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11 | AN UNREDACTED COPY OF THE 990 IS REVIEWED BY THE AUDIT COMMITTEE AND APPROVED PRIOR TO REVIEW BY THE FULL BOARD. A REDACTED COPY OF THE 990 IS SENT ELECTRONICALLY TO THE ENTIRE GOVERNING BODY FOR REVIEW. THE BOARD RECEIVES A COPY OF THE FORM 990 WITHOUT SCHEDULE B DONOR NAMES AND ADDRESS, IN ORDER TO PROTECT THE PRIVACY OF DONORS. THE AUDIT COMMITTEE PRESENTS THE REDACTED 990 AT THE BOARD MEETING AND FORMAL APPROVAL IS RECEIVED BEFORE THE FORM 990 IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | MEMBERS OF THE BOARD OF TRUSTEES AND TOP ADMINISTRATORS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. IT IS REVIEWED BY LEGAL COUNSEL AND EXPLAINED IN DETAIL. THE BUSINESS MANAGER AND HEAD OF SCHOOL, ALONG WITH THE SCHOOL TREASURER MONITOR COMPLIANCE WITH THE POLICY THROUGHOUT THE YEAR. IF CONFLICTS ARE DETERMINED, THE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE MEETING/DECISION AND WILL REFRAIN FROM VOTING ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE HEAD OF SCHOOL AND OTHER TOP MANAGEMENT OFFICIALS IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE MEETS ANNUALLY TO REVIEW THE SALARY MEAN AND BENEFITS FOR FACULTY OF OTHER SCHOOLS AND SCHOOL ORGANIZATIONS. COMPENSATION INFORMATION FROM NAIS'S EXECUTIVE COMPENSATION ONLINE SERVICES, ACIS, EAGLE & SUMMIT COUNTY SCHOOLS, PEER SCHOOLS, AND ARTICLES COVERING INDEPENDENT SCHOOL IS USED TO DETERMINE COMPENSATION AMOUNTS. A REVIEW WAS LAST COMPLETED IN JUNE 2015. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION ALSO PLACES THE ANNUAL REPORT ON ITS WEBSITE. |