WEBB SCHOOL: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- WEBB SCHOOL (EIN 62-0401875)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-07
- IRS object ID
- 201531279349300218
- 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 I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-07T09:08:22-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621736974 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEMPSEY VANTREASE & FOLLIS PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 S CHURCH ST STE 300 | AddressLine1 |
| City | MURFREESBORO | City |
| State | TN | State |
| ZIP Code | 37130 | 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 | 620401875 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WEBB SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEBB | BusinessNameControlTxt |
| Phone | 9313899322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 488 | AddressLine1 |
| City | BELL BUCKLE | City |
| State | TN | State |
| ZIP Code | 37020 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOE IORIO | PersonNm |
| Person Title | BUSINESS MANAGER | PersonTitleTxt |
| Phone | 6153899322 | PhoneNum |
| Signature | 2015-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK E FOLLIS CPA | PreparerPersonNm |
| PTIN | P01283359 | PTIN |
| Phone | 6158936666 | PhoneNum |
| Preparation | 2015-04-29 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | JOE IORIO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 319 WEBB ROAD EAST | AddressLine1 |
| City | BELL BUCKLE | City |
| State | TN | State |
| ZIP Code | 37020 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,604,424 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THEWEBBSCHOOL.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1921 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | EDUCATION GRADES 6-12 | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 140 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $19,785 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,187 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,103,253 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,368,091 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,505,046 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,873,855 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,863,161 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,168,422 | CYInvestmentIncomeAmt |
| PY Other Revenue | $138,825 | PYOtherRevenueAmt |
| CY Other Revenue | $371,833 | CYOtherRevenueAmt |
| PY Total Revenue | $10,610,285 | PYTotalRevenueAmt |
| CY Total Revenue | $12,782,201 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,427,877 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,684,672 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,976,832 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,032,754 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $1,001 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $549,257 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,877,548 | PYOtherExpensesAmt |
| CY Other Expenses | $3,013,256 | CYOtherExpensesAmt |
| PY Total Expenses | $9,283,258 | PYTotalExpensesAmt |
| CY Total Expenses | $9,730,682 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,327,027 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,051,519 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $38,207,890 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,780,223 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,915,474 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,003,605 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $35,292,416 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,776,618 | NetAssetsOrFundBalancesEOYAmt |
| Mission | EDUCATION; GRADES 6-12 | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,256,910 | ExpenseAmt |
| Grant | $1,684,672 | GrantAmt |
| Revenue | $7,916,576 | RevenueAmt |
| Desc | EDUCATIONAL ACTIVITIES: TEACHERS SALARIES & BENEFITS, SUPPLIES, LIBRARY BOOKS & PERIODICALS, CONTINUING EDUCATION OF STAFF, STUDENT ACTIVITIES, FINANCIAL AID, FOOD SERVICE AND PHYSICAL EDUCATION & ATHLETICS FOR 300 STUDENTS | Desc |
| Total Program Service Expenses | $7,256,910 | 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 | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | 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 | 68 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 140 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOE IORIO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9313899322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 319 HWY 82 | AddressLine1 |
| City | BELL BUCKLE | City |
| State | TN | State |
| ZIP Code | 370200488 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 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 |
|---|---|---|---|---|---|---|---|
| GEORGE PINE III | |||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KEITH BARTON | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| HUNTER WELLES | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| S NORFLEET ANTHONY JR | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENN JONES | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JAMES BERRY | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| HUGH BYRD | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEWIS BRANSCOMB | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EUGENIA H CAMMACK | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEE WOOSLEY | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DREW CARRINGTON | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ED DAVIES | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HUGH ELDREDGE | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| R WALTER HALE III | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID LAROCHE | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN GRAHAM | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS LISENBY | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN P MATTHEWS IV | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JAMES MCDONNELL | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL JENNINGS | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| FORREST SHOAF | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| J GARNER MOORE III | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SMITH MURPHEY IV | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHIAS MURFREE | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| WAYNE ROGERS JR | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JOHN SAWYER | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| WILSON SIMS SR | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED SINGER | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES STEPHENS | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| R BLAIR STEPHENS | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANN SHORT | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| PAUL STUMB III | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ADRIENNE UNDERHILL | |||||||
| TRUSTEE EMERITUS | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RUSKIN VEST JR | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| PHILLIP COOP | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM HARDIN | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| BOB F THOMPSON | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| KELLY O'DANIEL | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| GWEN OWEN | |||||||
| TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JOE IORIO | |||||||
| BUSINESS MANAGER | 45.00 | Yes (X) | $119,810 | $0 | $16,581 | ||
| WILLIAM H HUDDLESTON IV | |||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RAYMOND S BROADHEAD | |||||||
| HEADMASTER | 50.00 | Yes (X) | $231,325 | $0 | $36,689 | ||
| CLAUDIA HAZELWOOD | |||||||
| DEVELOPMENT COORDINATOR | 40.00 | $104,093 | $0 | $12,523 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $455,228 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $65,793 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAGE DINING SERVICES | |||||
| 1402 YORK ROAD STE 100 | LUTHERVILLE | MD | 21093 | FOOD SERVICE | $517,755 |
| THOMAS TOURS | |||||
| 205 12TH AVE SOUTH | NASHVILLE | TN | 37204 | TRAVEL SERVICES | $130,107 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,368,091 | AllOtherContributionsAmt |
| Total Contributions | $2,368,091 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $7,873,855 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,873,855 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,873,855 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $346,422 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$7,115 | UnrelatedBusinessRevenueAmt |
| Exclusion | $353,537 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $302,212 | TotalRevenueColumnAmt |
| Exclusion | $302,212 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,644,223 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,822,223 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,822,000 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,822,000 | TotalRevenueColumnAmt |
| Exclusion | $1,822,000 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| SUMMER SCHOOL AND CAMPS | 611600 | $56,320 | $29,420 | $26,900 |
| MISCELLANEOUS INCOME | 611600 | $13,301 | $13,301 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $69,621 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,782,201 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,916,576 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $19,785 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,477,749 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,684,672 | TotalAmt |
| Program Services | $1,684,672 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,501 | TotalAmt |
| Management And General | $397,501 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,679,071 | TotalAmt |
| Program Services | $2,700,026 | ProgramServicesAmt |
| Management And General | $642,064 | ManagementAndGeneralAmt |
| Fundraising | $336,981 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,643 | TotalAmt |
| Program Services | $133,242 | ProgramServicesAmt |
| Management And General | $50,079 | ManagementAndGeneralAmt |
| Fundraising | $16,322 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $483,426 | TotalAmt |
| Program Services | $337,142 | ProgramServicesAmt |
| Management And General | $106,771 | ManagementAndGeneralAmt |
| Fundraising | $39,513 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $273,113 | TotalAmt |
| Program Services | $182,046 | ProgramServicesAmt |
| Management And General | $66,101 | ManagementAndGeneralAmt |
| Fundraising | $24,966 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,147 | TotalAmt |
| Management And General | $3,147 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,105 | TotalAmt |
| Management And General | $27,105 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,325 | TotalAmt |
| Management And General | $100,325 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,055 | TotalAmt |
| Management And General | $7,055 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,862 | TotalAmt |
| Management And General | $81,862 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,932 | TotalAmt |
| Program Services | $155,587 | ProgramServicesAmt |
| Management And General | $64,805 | ManagementAndGeneralAmt |
| Fundraising | $38,540 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,471 | TotalAmt |
| Program Services | $15,471 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,808 | TotalAmt |
| Program Services | $634,506 | ProgramServicesAmt |
| Management And General | $59,703 | ManagementAndGeneralAmt |
| Fundraising | $11,599 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,014 | TotalAmt |
| Program Services | $130,617 | ProgramServicesAmt |
| Management And General | $64,154 | ManagementAndGeneralAmt |
| Fundraising | $41,243 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,405 | TotalAmt |
| Program Services | $37,554 | ProgramServicesAmt |
| Fundraising | $2,851 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $721,866 | TotalAmt |
| Program Services | $615,404 | ProgramServicesAmt |
| Management And General | $98,207 | ManagementAndGeneralAmt |
| Fundraising | $8,255 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,037 | TotalAmt |
| Program Services | $92,965 | ProgramServicesAmt |
| Management And General | $14,829 | ManagementAndGeneralAmt |
| Fundraising | $1,243 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD FOR CAFETERIA | $245,313 | $245,313 | |
| STUDENT ACTIVITIES | $114,044 | $114,044 | |
| STUDENT SPORTS | $113,937 | $113,937 | |
| BAD DEBTS | $66,140 | $66,140 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,795 | TotalAmt |
| Program Services | $64,384 | ProgramServicesAmt |
| Management And General | $74,667 | ManagementAndGeneralAmt |
| Fundraising | $27,744 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,730,682 | TotalAmt |
| Program Services | $7,256,910 | ProgramServicesAmt |
| Management And General | $1,924,515 | ManagementAndGeneralAmt |
| Fundraising | $549,257 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,111,490 | BOYAmt |
| EOY | $2,529,168 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,124,140 | BOYAmt |
| EOY | $2,075,115 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,600 | BOYAmt |
| EOY | $113,393 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,158 | BOYAmt |
| EOY | $49,961 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,870 | BOYAmt |
| EOY | $76,285 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $22,392,267 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,759,164 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,432,395 | BOYAmt |
| EOY | $10,633,103 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,081,551 | BOYAmt |
| EOY | $10,799,336 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,247,686 | BOYAmt |
| EOY | $17,503,862 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,207,890 | BOYAmt |
| EOY | $43,780,223 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $688,702 | BOYAmt |
| EOY | $615,523 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $652,753 | BOYAmt |
| EOY | $662,786 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,458,511 | BOYAmt |
| EOY | $2,415,412 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $156,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,508 | BOYAmt |
| EOY | $153,884 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,915,474 | BOYAmt |
| EOY | $4,003,605 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,413,546 | BOYAmt |
| EOY | $16,326,226 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,788,956 | BOYAmt |
| EOY | $10,990,192 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,089,914 | BOYAmt |
| EOY | $12,460,200 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,292,416 | BOYAmt |
| EOY | $39,776,618 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,207,890 | BOYAmt |
| EOY | $43,780,223 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,051,519 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,453,595 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$20,912 | 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 | $25,329,237 | BeginningYearBalanceAmt |
| Contributions | $357,565 | ContributionsAmt |
| Investment Earnings Or Losses | $3,792,488 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $101,634 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,074,458 | OtherExpendituresAmt |
| End Year Balance | $28,303,198 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,674,561 | BeginningYearBalanceAmt |
| Contributions | $342,552 | ContributionsAmt |
| Investment Earnings Or Losses | $2,439,686 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $120,632 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,006,930 | OtherExpendituresAmt |
| End Year Balance | $25,329,237 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,928,214 | BeginningYearBalanceAmt |
| Contributions | $98,223 | ContributionsAmt |
| Investment Earnings Or Losses | $770,432 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,836 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,119,472 | OtherExpendituresAmt |
| End Year Balance | $23,674,561 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,725,848 | BeginningYearBalanceAmt |
| Contributions | $57,511 | ContributionsAmt |
| Investment Earnings Or Losses | $3,341,829 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $302,549 | GrantsOrScholarshipsAmt |
| Other Expenditures | $894,425 | OtherExpendituresAmt |
| End Year Balance | $23,928,214 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,617,075 | BeginningYearBalanceAmt |
| Contributions | $105,023 | ContributionsAmt |
| Investment Earnings Or Losses | $2,308,230 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $210,774 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,093,706 | OtherExpendituresAmt |
| End Year Balance | $21,725,848 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.21000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.44000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.35000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $106,884 | OtherCostOrOtherBasisAmt |
| Book Value | $106,884 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,758,481 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,734,107 | DepreciationAmt |
| Book Value | $10,024,374 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,961,524 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,624,794 | DepreciationAmt |
| Book Value | $336,730 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $565,378 | OtherCostOrOtherBasisAmt |
| Depreciation | $400,263 | DepreciationAmt |
| Book Value | $165,115 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,633,103 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT FUND- MONEY MARKET | $370,515 | F |
| LIMITED PARTNERSHIPS | $17,133,347 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $17,503,862 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS AND OTHER LIABILITIES | Desc |
| Amt | $153,884 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $153,884 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,450,802 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,453,595 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $1,453,595 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,997,207 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $100,325 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $1,684,669 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,784,994 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,782,201 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,945,685 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,945,685 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $100,325 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,684,672 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,784,997 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,730,682 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOLS ENDOWMENT FUND IS USED TO HELP SUPPORT THE OPERATIONS OF THE SCHOOL. IT IS SUBJECT TO A POLICY WHEREBY THE ANNUAL WITHDRAWAL FROM THE FUND IS CAPPED AT 5%. |
| PART X, LINE 2: | THE SCHOOL IS A TAX EXEMPT INSTITUTION UNDER IRC 501C3 AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL ACCOUNTS FOR UNCERTAINTIES IN INCOME TAX LAW UNDER FASB ASC 740-10 WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. ASC 740-10 REQUIRES THAT THE TAX EFFECTS OF A POSITION BE RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" TO BE SUSTAINED BY THE TAXING AUTHORITY AS OF THE REPORTING DATE. IF THE TAX POSITION IS NOT CONSIDERED "MORE LIKELY THAN NOT" TO BE SUSTAINED, THEN NO BENEFITS OF THE POSITION ARE TO BE RECOGNIZED. THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS FOR ANY OF THE PERIODS PRESENTED. TO THE EXTENT APPLICABLE IN THE FUTURE, INTEREST AND PENALTIES RELATED TO INCOME TAX LIABILITIES WILL BE INCLUDED IN PRETAX INCOME AS INTEREST EXPENSE AND TAX PENALTIES. AT JUNE 30, 2014, THE SCHOOLS TAX RETURNS RELATED TO FISCAL YEARS ENDED JUNE 30, 2011 TO 2014 REMAIN OPEN TO EXAMINATION BY THE TAX AUTHORITIES. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID/SCHOLARSHIPS 1,684,672. ROUNDING -3. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID/SCHOLARSHIPS 1,684,672. |
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 SCHOOL PUBLISHES THE NONDISCRIMINATION POLICY IN THE LOCAL NEWSPAPER IN THE FALL EACH YEAR AND IN THE SCHOOL PUBLICATIONS | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID TO STUDENTS ATTENDING WEBB SCHOOL | GrantTypeTxt |
| Recipient | 142 | RecipientCnt |
| Non Cash Assistance | $1,684,672 | NonCashAssistanceAmt |
| Non Cash Assistance | STUDENT FINANCIAL AID | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL IS COMMITTED TO PROVIDING FINANCIAL AID TO STUDENTS WHO WOULD OTHERWISE BE UNABLE TO ATTEND THE SCHOOL. THE COMPLETION OF THE FINANCIAL AID APPLICATION DOES NOT HAVE ANY BEARING UPON WHETHER THE STUDENT IS ADMITTED TO THE SCHOOL. THE SCHOOL DETERMINES A FAMILY'S CONTRIBUTION BASED UPON THE EVALUATION COMPLETED BY THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID, AN UNAFFILIATED ENTITY IN NEW JERSEY WHO PERFORMS SIMILAR SERVICES FOR OTHER SCHOOLS THROUGHOUT THE COUNTRY. FINANCIAL AID FORMS MUST BE COMPLETED EACH YEAR BY THE STUDENT AND MONITORED BY THE SCHOOL TO REEVALUATE THE AMOUNT OF THE FINANCIAL AID. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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 | Yes (1) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAYMOND S BROADHEAD | PersonNm |
| Title | HEADMASTER | TitleTxt |
| Base Compensation Filing Org | $218,325 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $13,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $22,516 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $14,173 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $268,014 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | WEBB SCHOOL PROVIDES A RESIDENCE ON CAMPUS FOR ITS HEADMASTER. IT IS A CONDITION OF EMPLOYMENT AND SINCE WEBB IS A BOARDING SCHOOL, IT IS DEEMED NECESSARY FOR THE HEADMASTER TO REMAIN ON CAMPUS TO HELP OVERSEE STUDENT ACTIVITIES. THE SCHOOL PROVIDES A DISCRETIONARY SPENDING ACCOUNT OF UP TO $5,000 FOR THE HEADMASTER. DURING THE CURRENT YEAR $2,556 WAS SPENT FROM THIS ACCOUNT. |
| PART I, LINE 1B | AS EXPLAINED ABOVE THE USE OF A RESIDENCE ON CAMPUS BY THE HEADMASTER IS REQUIRED AS A CONDITION OF EMPLOYMENT. THIS ARRANGEMENT IS APPROVED BY THE BOARD OF DIRECTORS. |
| PART I, LINE 4B | RAYMOND BROADHEAD, THE SCHOOL HEADMASTER, IS PROVIDED A NONQUALIFIED SUPPLEMENT RETIREMENT BENEFIT THAT HE IS ENTITLED TO RECEIVE UPON RETIREMENT IF HE MEETS CERTAIN CONDITIONS. THE AMOUNT ACCRUED FOR YEAR-END JUNE 30, 2014 WAS $10,950. |
| PART I, LINE 7 | THE HEADMASTER RECEIVED A DISCRETIONARY BONUS APPROVED BY THE BOARD OF DIRECTORS. |
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 | INDUSTRIAL DEVELOPMENT BOARD OF CITY OF SHELBYVILLE TENNESSEE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521393194 | BondIssuerEIN |
| Bond Issued | 2012-10-15 | BondIssuedDt |
| Issue Price | $5,000,000 | IssuePriceAmt |
| Purpose | REFINANCE EXISTING DEBT AND CONSTRUCT NEW SCHOOL CLASSROOMS AND DORMS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $2,415,412 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $26,385 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $1,568,027 | CapitalExpendituresAmt |
| Other Spent Proceeds | $821,000 | OtherSpentProceedsAmt |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | 0 | 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 | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNTRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PAGE 1, PART II, LINE 3 AND LINE 11 | FormAndLineReferenceDesc |
| Explanation | AS OF JUNE 30, 2014, ONLY $2,415,412 OF BOND HAS BEEN DRAWN FOR DEBT REFINANCING AND CAPITAL PROJECTS. LINE 11 INCLUDES PROCEEDS USED TO RETIRE OLD BONDS(1999 ISSUE). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 WAS EMAILED TO THE BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD CHAIR, BUSINESS MANAGER AND HEADMASTER WORK CLOSELY ENOUGH THROUGHOUT THE YEAR TO MONITOR ACTIVITIES OF BOARD MEMBERS TO INSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SCHOOL REVIEWS NAIS DATA AND FORM 990S OF OTHER SIMILIAR SCHOOLS WHEN IT DETERMINES COMPENSATION FOR KEY EMPLOYEES AND TOP SCHOOL OFFICIALS WHICH IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE GOVERNING BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 14,134. CHANGE IN VALUE OF INTEREST RATE SWAP -35,049. ROUNDING 3. |