LAUREL SCHOOL: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LAUREL SCHOOL (EIN 34-0714451)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-14
- IRS object ID
- 201501349349301485
- Schema version
- 2013v4.0
- 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 | 2015-05-14T08:44:18-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALONEY NOVOTNY LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SUPERIOR AVENUE SUITE 700 | AddressLine1 |
| City | CLEVELAND | City |
| State | OH | State |
| ZIP Code | 44114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 340714451 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUREL SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LEE MEI STOKES | InCareOfNm |
| Business Name Control | LAUR | BusinessNameControlTxt |
| Phone | 2164641441 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LYMAN CIRCLE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | SHAKER HEIGHTS | City |
| State | OH | State |
| ZIP Code | 44122 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEE MEI STOKES | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2164641441 | PhoneNum |
| Signature | 2015-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER B ANDERSON | PreparerPersonNm |
| PTIN | P00226559 | PTIN |
| Phone | 2164641441 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANN V KLOTZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LYMAN CIRCLE | AddressLine1 |
| City | SHAKER HEIGHTS | City |
| State | OH | State |
| ZIP Code | 44122 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,659,265 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LAURELSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1926 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF LAUREL SCHOOL IS TO INSPIRE EACH GIRL TO FULFILL HER PROMISE AND TO BETTER THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 378 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | -$13,582 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$13,582 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,589,182 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,068,419 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,328,488 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $16,557,313 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,282,559 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,914,477 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,107 | PYOtherRevenueAmt |
| CY Other Revenue | $16,174 | CYOtherRevenueAmt |
| PY Total Revenue | $21,210,336 | PYTotalRevenueAmt |
| CY Total Revenue | $22,556,383 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,524,476 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,676,336 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,171,202 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,668,938 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,282,683 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,528,033 | PYOtherExpensesAmt |
| CY Other Expenses | $8,146,658 | CYOtherExpensesAmt |
| PY Total Expenses | $22,223,711 | PYTotalExpensesAmt |
| CY Total Expenses | $23,491,932 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,013,375 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$935,549 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $82,949,204 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,924,745 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,261,174 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,577,887 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $59,688,030 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $64,346,858 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF LAUREL SCHOOL IS TO INSPIRE EACH GIRL TO FULFILL HER PROMISE AND TO BETTER THE WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $19,203,704 | ExpenseAmt |
| Grant | $2,676,336 | GrantAmt |
| Revenue | $16,557,313 | RevenueAmt |
| Desc | LAUREL SCHOOL, FOUNDED IN 1896, IS A NATIONALLY-RECOGNIZED COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL FOR GIRLS, KINDERGARTEN THROUGH GRADE 12, WITH A COEDUCATIONAL EARLY CHILDHOOD PROGRAM. LAUREL SCHOOL HAS TWO CAMPUSES AFFORDING STUDENTS OPPORTUNITIES TO LEARN IN TRADITIONAL SETTINGS SUCH AS LABS, STUDIOS, AND LIBRARIES, AS WELL AS IN OUR UNIQUE ENVIRONMENTAL CLASSROOMS. THE LYMAN CIRCLE CAMPUS IS HOME TO ALL FOUR ACADEMIC DIVISIONS. THE BUTLER CAMPUS FEATURES EXTENSIVE ATHLETIC FACILITIES AND OPPORTUNITIES FOR OUTDOOR EDUCATION AND LEADERSHIP-BUILDING PROGRAMS. LAUREL SCHOOL HAS APPROXIMATELY 663 STUDENTS ENROLLED. | Desc |
| Total Program Service Expenses | $19,203,704 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 44 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 378 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEE MEI STOKES | PersonNm |
| Phone | 2164641441 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LYMAN CIRCLE | AddressLine1 |
| City | SHAKER HEIGHTS | City |
| State | OH | State |
| ZIP Code | 44122 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 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 |
|---|---|---|---|---|---|---|---|
| Kenneth C Moore | |||||||
| Chair | 6.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Elizabeth Embrescia | |||||||
| Vice Chair | 4.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Lynette Jackson | |||||||
| Secretary | 4.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Douglas Preiser | |||||||
| Treasurer | 4.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Teresa Beasley | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Shannon Blackwell | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Susan Collins Bosland | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Daniel L DeSantis | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Timothy D Dixon | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Diane Downing | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Mary Weatherhead Feldman | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Lee Hoffman | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Carey Jaros | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Bettina Katz | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Terry Horvitz Kovel | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Paige Lauster | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Bruce Mavec | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| John McCue | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Jacquelyn Nance | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Melissa O'Dwyer | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Victoria Anderson Patacca | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Nancy Phelps Seitz | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| John Sinnenburg | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Lois Nook Sussen | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Sandhia Varyani | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth Hosler Voudouris | |||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Martha Walter Royan | |||||||
| President, Alumnae Assoc | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| Ann V Klotz | |||||||
| Head of School | 60.0 | Yes (X) | $303,998 | $0 | $55,353 | ||
| Linda S Hurley | |||||||
| CFO | 50.0 | Yes (X) | $137,842 | $0 | $19,554 | ||
| Deborah Farquhar Jones | |||||||
| Dir of Development | 50.0 | $140,795 | $0 | $16,745 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $582,635 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $91,652 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAGE DINING SERVICES INC | |||||
| 1402 YORK ROAD 100 | LUTHERVILLE | MD | 21093 | FOOD SERVICES | $731,971 |
| ALBERT M HIGLEY COMPANY | |||||
| 2926 CHESTER AVENUE | CLEVELAND | OH | 44114 | CONSTRUCTION MGMT | $2,143,211 |
| WARREN ROOFING INSULATING CO | |||||
| 7015 KRICK ROAD | WALTON HILLS | OH | 44146 | CONSTRUCTION | $172,405 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $168,025 | FundraisingAmt |
| Government Grants | $617,939 | GovernmentGrantsAmt |
| All Other Contributions | $3,282,455 | AllOtherContributionsAmt |
| Noncash Contributions | $607,690 | NoncashContributionsAmt |
| Total Contributions | $4,068,419 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $15,730,292 | $15,730,292 |
| AUXILIARY OPERATIONS | 900099 | $505,676 | $505,676 |
| OTHER OPERATING REVENUE | 900099 | $321,345 | $321,345 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $16,557,313 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $862,521 | TotalRevenueColumnAmt |
| Exclusion | $862,521 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,027,303 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,975,347 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,051,956 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,051,956 | TotalRevenueColumnAmt |
| Exclusion | $1,051,956 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $132,680 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $168,025 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $127,535 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,145 | TotalRevenueColumnAmt |
| Exclusion | $5,145 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GAS WELL OPERATIONS | Desc |
| Business | 211110 | BusinessCd |
| Total Revenue Column | $11,029 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$13,582 | UnrelatedBusinessRevenueAmt |
| Exclusion | $24,611 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,029 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,556,383 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,557,313 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$13,582 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,944,233 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,676,336 | TotalAmt |
| Program Services | $2,676,336 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $516,387 | TotalAmt |
| Program Services | $410,292 | ProgramServicesAmt |
| Management And General | $74,613 | ManagementAndGeneralAmt |
| Fundraising | $31,482 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,048,459 | TotalAmt |
| Program Services | $7,184,097 | ProgramServicesAmt |
| Management And General | $1,306,446 | ManagementAndGeneralAmt |
| Fundraising | $557,916 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,147 | TotalAmt |
| Program Services | $155,739 | ProgramServicesAmt |
| Management And General | $28,321 | ManagementAndGeneralAmt |
| Fundraising | $12,087 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,178,552 | TotalAmt |
| Program Services | $1,729,748 | ProgramServicesAmt |
| Management And General | $314,559 | ManagementAndGeneralAmt |
| Fundraising | $134,245 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $729,393 | TotalAmt |
| Program Services | $579,131 | ProgramServicesAmt |
| Management And General | $105,316 | ManagementAndGeneralAmt |
| Fundraising | $44,946 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,400 | TotalAmt |
| Program Services | $6,669 | ProgramServicesAmt |
| Management And General | $1,213 | ManagementAndGeneralAmt |
| Fundraising | $518 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,711 | TotalAmt |
| Program Services | $25,178 | ProgramServicesAmt |
| Management And General | $4,579 | ManagementAndGeneralAmt |
| Fundraising | $1,954 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,950 | TotalAmt |
| Program Services | $25,368 | ProgramServicesAmt |
| Management And General | $4,613 | ManagementAndGeneralAmt |
| Fundraising | $1,969 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,253 | TotalAmt |
| Program Services | $317,797 | ProgramServicesAmt |
| Management And General | $57,792 | ManagementAndGeneralAmt |
| Fundraising | $24,664 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,720 | TotalAmt |
| Program Services | $270,528 | ProgramServicesAmt |
| Management And General | $49,196 | ManagementAndGeneralAmt |
| Fundraising | $20,996 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $661,273 | TotalAmt |
| Program Services | $525,044 | ProgramServicesAmt |
| Management And General | $95,481 | ManagementAndGeneralAmt |
| Fundraising | $40,748 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,316 | TotalAmt |
| Program Services | $26,453 | ProgramServicesAmt |
| Management And General | $4,810 | ManagementAndGeneralAmt |
| Fundraising | $2,053 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $743,482 | TotalAmt |
| Program Services | $590,317 | ProgramServicesAmt |
| Management And General | $107,351 | ManagementAndGeneralAmt |
| Fundraising | $45,814 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,752,061 | TotalAmt |
| Program Services | $1,391,119 | ProgramServicesAmt |
| Management And General | $252,978 | ManagementAndGeneralAmt |
| Fundraising | $107,964 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,414 | TotalAmt |
| Program Services | $86,079 | ProgramServicesAmt |
| Management And General | $15,654 | ManagementAndGeneralAmt |
| Fundraising | $6,681 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EQUIP RENTAL & MAINT | $732,860 | $581,883 | $105,817 | $45,160 |
| FOOD SERVICE | $662,633 | $526,124 | $95,677 | $40,832 |
| OUTSIDE CONTRACTED SERVICES | $349,812 | $277,747 | $50,509 | $21,556 |
| FIELD TRIPS | $368,952 | $292,944 | $53,273 | $22,735 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,920,821 | TotalAmt |
| Program Services | $1,525,111 | ProgramServicesAmt |
| Management And General | $277,347 | ManagementAndGeneralAmt |
| Fundraising | $118,363 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,491,932 | TotalAmt |
| Program Services | $19,203,704 | ProgramServicesAmt |
| Management And General | $3,005,545 | ManagementAndGeneralAmt |
| Fundraising | $1,282,683 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,402,881 | BOYAmt |
| EOY | $1,149,927 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,491,452 | BOYAmt |
| EOY | $1,556,134 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,020,403 | BOYAmt |
| EOY | $3,392,004 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,754 | BOYAmt |
| EOY | $304,805 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $770,537 | BOYAmt |
| EOY | $638,300 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $47,009,159 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,787,637 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,835,620 | BOYAmt |
| EOY | $27,221,522 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,180,903 | BOYAmt |
| EOY | $45,995,366 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,251,044 | BOYAmt |
| EOY | $6,700,873 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $928,610 | BOYAmt |
| EOY | $965,814 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,949,204 | BOYAmt |
| EOY | $87,924,745 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,921,162 | BOYAmt |
| EOY | $2,083,884 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,995 | BOYAmt |
| EOY | $469,229 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,000,000 | BOYAmt |
| EOY | $16,000,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,946,017 | BOYAmt |
| EOY | $5,024,774 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,261,174 | BOYAmt |
| EOY | $23,577,887 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,314,254 | BOYAmt |
| EOY | $34,506,973 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,988,750 | BOYAmt |
| EOY | $8,731,708 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,385,026 | BOYAmt |
| EOY | $21,108,177 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,688,030 | BOYAmt |
| EOY | $64,346,858 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,949,204 | BOYAmt |
| EOY | $87,924,745 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$935,549 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,700,113 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$105,736 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,822,525 | BeginningYearBalanceAmt |
| Contributions | $469,162 | ContributionsAmt |
| Investment Earnings Or Losses | $7,515,385 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,069,095 | OtherExpendituresAmt |
| End Year Balance | $50,737,977 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $40,301,050 | BeginningYearBalanceAmt |
| Contributions | $434,875 | ContributionsAmt |
| Investment Earnings Or Losses | $5,509,691 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,423,091 | OtherExpendituresAmt |
| End Year Balance | $44,822,525 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,024,695 | BeginningYearBalanceAmt |
| Contributions | $1,263,918 | ContributionsAmt |
| Investment Earnings Or Losses | -$542,606 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,444,957 | OtherExpendituresAmt |
| End Year Balance | $40,301,050 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,092,235 | BeginningYearBalanceAmt |
| Contributions | $642,204 | ContributionsAmt |
| Investment Earnings Or Losses | $6,778,002 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,487,746 | OtherExpendituresAmt |
| End Year Balance | $41,024,695 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,153,302 | BeginningYearBalanceAmt |
| Contributions | $1,038,415 | ContributionsAmt |
| Investment Earnings Or Losses | $3,786,729 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $886,211 | OtherExpendituresAmt |
| End Year Balance | $35,092,235 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.50983 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.36093 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.12924 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,690,685 | OtherCostOrOtherBasisAmt |
| Book Value | $2,690,685 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,695,854 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,547,094 | DepreciationAmt |
| Book Value | $18,148,760 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,956,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,475,994 | DepreciationAmt |
| Book Value | $480,786 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,665,840 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,764,549 | DepreciationAmt |
| Book Value | $5,901,291 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $27,221,522 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $6,700,873 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,700,873 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| TUITION DEPOSITS | $817,400 |
| GIFT ANNUITY LIABILITY | $409,800 |
| AGENCY FUNDS | $192,101 |
| INTEREST RATE SWAP LIABILITY | $3,605,473 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,024,774 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $25,474,424 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,700,113 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$105,736 | OtherRevenueAmt |
| Revenue Not Reported | $5,594,377 | RevenueNotReportedAmt |
| Revenue Subtotal | $19,880,047 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,676,336 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,676,336 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,556,383 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,815,596 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $20,815,596 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,676,336 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,676,336 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,491,932 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| INTENDED USES OF ENDOWMENT FUNDS - PART V, LINE 4: | DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE SPENT IN COMPLIANCE WITH THE DONOR'S RESTRICTIONS APPLICABLE TO THE FUNDS BEING DISTRIBUTED. ANNUAL DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE DETERMINED USING A MIXED SPENDING RULE OF 80 PERCENT OF THE PRIOR YEAR SPENDING AND 20 PERCENT OF THE 5 PERCENT SPENDING RATE TIMES THE ENDOWMENT MARKET VALUE. ALL EXPENDITURES FROM THE ENDOWMENT FUNDS ARE USED TO FURTHER THE EDUCATIONAL PURPOSES OF THE SCHOOL. |
| OTHER CHANGES IN REVENUE - PART XI, LINE 2D: | CHANGE IN INTEREST RATE SWAP LIABILITY: ($105,736) |
| OTHER CHANGES IN REVENUE - PART XI, LINE 4B: | STUDENT FINANCIAL AID, WHICH WAS SHOWN ON FINANCIAL STATEMENTS AS A REDUCTION OF REVENUE INSTEAD OF BEING SHOWN AS AN EXPENSE: $2,676,336 |
| OTHER CHANGES IN EXPENSES - PART XII, LINE 4B: | STUDENT FINANCIAL AID, WHICH WAS SHOWN ON FINANCIAL STATEMENTS AS A REDUCTION OF REVENUE INSTEAD OF BEING SHOWN AS AN EXPENSE: $2,676,336 |
| FIN 48 (ASC 740) FOOTNOTE - PART X, LINE 2: | THE SCHOOL IS A NON-PROFIT ORGANIZATION THAT IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2014, THE SCHOOL'S INCOME TAX YEARS FROM 2010 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PUBLICATION OF RACIALLY NON-DISCRIMINATORY POLICY - PART I, LINE 3: | LAUREL SCHOOL PUBLISHES NOTICES OF ITS RACIALLY NON-DISCRIMINATORY POLICY IN ITS ADMISSION MATERIALS AND IN ITS SCHOOL MAGAZINE WHICH IS DISTRIBUTED TO CURRENT AND PROSPECTIVE STUDENTS. |
| ASSISTANCE FROM GOVERNMENTAL AGENCY - PART I, LINE 6A: | LAUREL SCHOOL RECEIVES FUNDING FROM THE STATE OF OHIO FOR SALARIES AND PROFESSIONAL FEES AND TO REIMBURSE THE SCHOOL FOR STATE-MANDATED SERVICES. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1Amt |
| Gross Receipts Event1 | $292,415 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $168,025 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $124,390 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $8,000 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $64,186 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $50,733 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | BAZAAR | NameOfEvent2Amt |
| Gross Receipts Event2 | $8,290 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $8,290 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $4,616 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $300,705 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $168,025 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $132,680 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $8,000 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $64,186 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $55,349 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $127,535 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $5,145 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 249 | RecipientCnt |
| Cash Grant | $2,676,336 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING USE OF GRANT FUNDS - PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL CREDITS THE BILLING ACCOUNT OF EACH RECIPIENT FOR THE AMOUNT OF THE SCHOLARSHIP. IN THIS WAY, THE SCHOOL IS ASSURED THAT THE SCHOLARSHIPS ARE USED FOR THE INTENDED PURPOSE OF DEFRAYING EDUCATIONAL EXPENSES FOR EACH RECIPIENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Payments For Use Of Residence | Yes (X) | PaymentsForUseOfResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann V Klotz | ||||||||||||||
| Head of School | $303,998 | $0 | $0 | $0 | $0 | $0 | $6,980 | $0 | $48,373 | $0 | $359,351 | $0 | $0 | $0 |
| Linda S Hurley | ||||||||||||||
| CFO | $137,842 | $0 | $0 | $0 | $0 | $0 | $6,025 | $0 | $13,529 | $0 | $157,396 | $0 | $0 | $0 |
| Deborah Farquhar Jones | ||||||||||||||
| Dir of Development | $140,795 | $0 | $0 | $0 | $0 | $0 | $3,216 | $0 | $13,529 | $0 | $157,540 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| BENEFITS PROVIDED TO CERTAIN INDIVIDUALS - PART I, LINE 1A: | THE SCHOOL PROVIDES A HOUSE TO THE HEAD OF SCHOOL, ANN KLOTZ, BECAUSE SHE CONDUCTS A SUBSTANTIAL AMOUNT OF SCHOOL BUSINESS IN HER RESIDENCE. THE HOUSE IS ON THE SCHOOL'S SHAKER HEIGHTS CAMPUS. BECAUSE OF THE SUBSTANTIAL BUSINESS USE OF THE RESIDENCE, THE SCHOOL DOES NOT TREAT THIS BENEFIT AS TAXABLE TO MS. KLOTZ. |
| ADDITIONAL INFORMATION REGARDING NONTAXABLE BENEFITS - PART II, COLUMN D: | THE AMOUNT OF NONTAXABLE BENEFITS SHOWN IN COLUMN D FOR MS. KLOTZ CONSISTS OF THE FOLLOWING: CONTRIBUTIONS TO WELFARE PLANS (MEDICAL, DENTAL, LIFE, DISABILITY): $17,343; TUITION REMISSION FOR 1 CHILD: $23,886; CAR: $7,144; TOTAL: $48,373. |
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 | CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 341029691 | BondIssuerEIN |
| CUSIP | 186102AB5 | CUSIPNum |
| Bond Issued | 2008-04-10 | BondIssuedDt |
| Issue Price | $16,000,000 | IssuePriceAmt |
| Purpose | EDUCATIONAL FACILITY BONDS | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $16,000,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $270,371 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $6,546,571 | CapitalExpendituresAmt |
| Other Spent Proceeds | $9,105,000 | OtherSpentProceedsAmt |
| Unspent | $53,307 | UnspentAmt |
| Substantial Completion | 2011 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | 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 | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (true) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIPER JAFFRAY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30. | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 48 | ContributionCnt |
| Noncash Contributions Rpt F990 | $607,690 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | USE OF THIRD PARTIES - PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | DONORS MAKING A GIFT OF SECURITIES TO LAUREL SCHOOL ARE DIRECTED TO TRANSFER THEIR SHARES OF STOCK TO THE SCHOOL'S ACCOUNT AT UBS FINANCIAL SERVICES. UBS IS INSTRUCTED TO SELL ALL SECURITIES TRANSFERRED TO THE ACCOUNT AND TO FORWARD THE PROCEEDS TO THE SCHOOL. THE FEES CHARGED BY UBS ARE AT FAIR MARKET VALUE AND ARE IN ACCORDANCE WITH FEES CHARGED TO OTHER UBS CLIENTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| MEMBERS OF THE CORPORATION - FORM 990, PART VI, LINE 6: | THE MEMBERS OF THE CORPORATION ARE THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS COMPRISED OF THE MEMBER DIRECTORS, EX-OFFICIO DIRECTORS, AND DIRECTORS EMERITAE/I. |
| POWERS OF THE MEMBERS OF THE CORPORATION - FORM 990, PART VI, LINE 7A: | THE AUTHORITY OF THE SCHOOL IS EXERCISED BY THE BOARD OF DIRECTORS. THE DIRECTORS' PRIMARY DUTIES INCLUDE THE HIRING AND EVALUATION OF THE HEAD OF SCHOOL, THE SETTING OF GENERAL INSTITUTIONAL POLICIES, FINANCIAL OVERSIGHT, STRATEGIC PLANNING, FUND RAISING, AND ASSESSMENT OF THE SCHOOL'S EFFECTIVENESS IN MANIFESTING THE MISSION OF LAUREL. |
| FORM 990 REVIEW - FORM 990, PART VI, LINE 11B: | THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY TO REVIEW FORM 990 PRIOR TO ITS FILING TO THE AUDIT/FINANCE COMMITTEE. THE INDEPENDENT ACCOUNTING FIRM ASSISTS WITH THIS REVIEW. |
| MONITORING AND ENFORCEMENT OF CONFLICT POLICY - FORM 990,PART VI,LINE 12C: | CONFLICTS ARE IDENTIFIED VIA THE ANNUAL DISCLOSURE DOCUMENTS. SUCH CONFLICTS ARE SHARED WITH THE BOARD OF TRUSTEES AS APPROPRIATE. WHEN A CONFLICT ARISES, THE AFFECTED INDIVIDUAL IS NOT PERMITTED TO PARTICIPATE IN THE DISCUSSIONS OR TO VOTE ON THE MATTER. THE APPROVAL OR REJECTION OF THE TRANSACTION IS MADE BY PERSONS WHO ARE INDEPENDENT OF THE INDIVIDUAL WITH THE CONFLICT. |
| COMPENSATION REVIEW AND APPROVAL - FORM 990, PART VI, LINE 15: | THE COMPENSATION OF THE HEAD OF THE SCHOOL IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE USES COMPARABILITY DATA IN THEIR DELIBERATIONS AND DOCUMENTS THEIR DECISION-MAKING PROCESS IN THE MINUTES. THE BOARD MEMBERS MAKING THE COMPENSATION DECISION ARE INDEPENDENT OF THE HEAD OF THE SCHOOL. |
| AVAILABILITY OF DOCUMENTS - FORM 990, PART VI, LINE 19: | THE SCHOOL DOES NOT MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, OR CONFLICT POLICY AVAILABLE TO THE GENERAL PUBLIC. |
| BOARD APPROVAL OF POLICIES - FORM 990, PART VI, LINES 13, 14, AND 16: | LAUREL SCHOOL'S MANAGEMENT HAS DEVELOPED AND IMPLEMENTED A WRITTEN DOCUMENT RETENTION POLICY AND A POLICY FOR JOINT VENTURES. THESE POLICIES WERE NOT APPROVED BY THE BOARD OF TRUSTEES BY THE END OF THE FISCAL YEAR. AS SUCH, THE SCHOOL IS REQUIRED TO ANSWER THESE QUESTIONS "NO" IN PART VI OF FORM 990 EVEN THOUGH SUCH POLICIES ARE IN PLACE. |
| OTHER CHANGES IN NET ASSETS - FORM 990, PART XI, LINE 9: | CHANGE IN INTEREST RATE SWAP LIABILITY: ($105,736) |
| DISTRIBUTION OF FORM 990 TO GOVERNING BODY - FORM 990, PART VI, LINE 11A: | THE SCHOOL DISTRIBUTES A COPY OF FORM 990 TO ALL BOARD MEMBERS BUT REDACTS THE NAMES AND ADDRESSES OF DONORS FROM SCHEDULE B. THE SCHOOL HAS CHOSEN NOT TO DISCLOSE THE IDENTITY OF ITS DONORS, PARTICULARLY IN CASES IN WHICH THE DONOR WANTS TO REMAIN ANONYMOUS. AS SUCH, WE ARE REQUIRED TO ANSWER THE QUESTION IN LINE 11A "NO" EVEN THOUGH THE BOARD RECEIVES ALL OF FORM 990 EXCEPT FOR DONORS' NAMES AND ADDRESSES. |