2014-02-19T13:08:01-06:00 2013-06-30 CANON CAPITAL CPA'S 357 MAIN ST SOUDERTON PA 18964 990 2012-07-01 231352667 PERKIOMEN SCHOOL PERK 2156791136 200 SEMINARY RD PO BOX 130 PENNSBURG PA 18073 MICHAEL C FOUX 2156791136 2014-02-19 true GEORGIA LS MYERS 2157234881 2014-02-19 2012 2015-11-30 17:44:51Z MICHAEL C FOUX 200 SEMINARY RD PO BOX 130 PENNSBURG PA 18073 22877319 false X WWW.PERKIOMEN.ORG X 1875 PA A COEDUCATIONAL, COLLEGE PREPARATORY SCHOOL SERVING STUDENTS IN GRADES 6-12 WITH A MISSION OF "INSPIRING STUDENTS TO RISK BEING THEIR BEST." 23 23 116 0 356878 4036500 13770162 15060099 226678 348935 43637 102836 14397355 19548370 2775042 3304351 0 5351360 5940785 72684 71133 845194 6130974 7051096 14330060 16367365 67295 3181005 35604975 38685176 17462062 17013813 18142913 21671363 A COEDUCATIONAL, COLLEGE PREPARATORY SCHOOL SERVING STUDENTS IN GRADES 6-12 WITH A MISSION OF "INSPIRING STUDENTS TO RISK BEING THEIR BEST." false false 12256113 3304351 15060099 PERKIOMEN SCHOOL IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL COMMITTED TO CREATING EXPERIENCES THAT WILL PREPARE STUDENTS TO EXCEL IN COLLEGE AND LIFE IN A WORLD COMMUNITY. STUDENTS LEARN THROUGH EXPERIENCE AND ACTIVE INQUIRY. EACH STUDENT IS CHALLENGED TO EXCEL ACADEMICALLY. STUDENTS ARE EXPOSED TO NEW IDEAS AND TO FRIENDSHIPS SPANNING DIFFERENT RACES, SOCIOECONOMIC GROUPS, RELIGIONS, INTERESTS, AND LEARNING STYLES; THUS, PREPARING THEM FOR A COMPETITIVE WORLD. PERKIOMEN'S COMMUNITY OF STAFF, ALUMNI, FAMILES, AND FRIENDS, ARE DEDICATED TO NURTURING RELATIONSHIPS IN AN UNSHAKABLE PARTNERSHIP WITH THE SCHOOL FOR THE BEST INTEREST OF THE STUDENT. PERKIOMEN IS AN INVITING, SAFE HOME THAT INSPIRES A SENSE OF COMMUNITY AND BELONGING. 12256113 true true false false false false false true false true true false false false true true true false true false false false false true false false false false true true false false false false false false false false true false false false false true false false false true 28 0 true 116 true false false false false false false false false false false false false X 23 23 false false true false false true true true true false false true true true true true true true true false MI MN NH SC X X BUSINESS OFFICE 2156799511 200 SEMINARY AVE PENNSBURG PA 18073 MARCIA BARONE 1.00 X X 0 0 0 JOHN BRYANT 1.00 X 0 0 0 JAMES FABER 1.00 X 0 0 0 BARRY FORMAN 1.00 X X 0 0 0 WILLIAM C FRITZ 1.00 X 0 0 0 S RIDGWAY GOODWIN 1.00 X 0 0 0 PHILIP A LLOYD 1.00 X 0 0 0 BRYCE MANTHORNE 1.00 X 0 0 0 GEORGE MESCHTER 1.00 X 0 0 0 SHERYL MOUTHAAN 1.00 X 0 0 0 JAMES NALLO 1.00 X 0 0 0 NORMAN OLSON 1.00 X X 0 0 0 J KRISTIAN PUESCHEL 1.00 X 0 0 0 BUDDY RICHMAN 1.00 X 0 0 0 SCOTT SCHULTZ 1.00 X 0 0 0 JAMES E SCHULTZ 1.00 X X 0 0 0 NANCY SEIFERT 1.00 X 0 0 0 HARRY SILVERGLIDE 1.00 X 0 0 0 LUANNE STAUFFER 1.00 X 0 0 0 MARGARET CINELLI X 0 0 0 H DRAKE WILLIAMS 1.00 X 0 0 0 SUNG-SIK YANG 1.00 X 0 0 0 CHRISTOPHER TOMPKINS 40.00 X 231104 0 31207 CAROL DOUGHERTY 40.00 X 141785 0 26407 MICHAEL FOUX 40.00 X 132063 0 26057 GEORGE ALLISON X 10000 0 0 514952 83671 3 true true false SODEXO INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 1270188 NORMAN'S BUS SERVICE INC 1293 WATER STREET EAST GREENVILLE PA 18041 TRANSPORTATION 143797 2 4036500 2108192 4036500 TUITION, FEES, AUX SVCS 611600 15060099 15060099 15060099 224791 224791 25637 25637 25637 25637 3415990 37103 3327434 1515 88556 35588 124144 124144 DEPOSITS FORFEIT;REIMB & MISC 611710 77199 77199 77199 19548370 15261442 250428 X 3304351 3304351 286000 57200 171600 57200 3941636 2793766 845720 302150 153724 103666 36991 13067 1232930 812693 317801 102436 326495 220177 78566 27752 327303 327303 20300 20300 71133 71133 54867 54867 1700311 1643716 53060 3535 112592 78170 34422 246689 77417 144275 24997 128204 314 124279 3611 671498 617152 41215 13131 497917 88799 301153 107965 104160 17750 73062 13348 547368 417532 112101 17735 1266340 1051568 198056 16716 70797 5444 65237 116 OPERATING SUPPLIES 672051 561380 102739 7932 TUITION DISCOUNTS 299704 299704 EQUIP RENTAL & MAINT. 89622 50397 38328 897 OTHER EXPENSES 67399 50185 16167 1047 173974 82902 65068 26004 16367365 12256113 3266058 845194 85667 813887 3320360 2309649 1108965 1086354 80461 70383 285185 310354 201348 234149 40078124 16272025 23549804 23806099 6557079 9626299 416106 428002 35604975 38685176 997647 1111249 3651154 3562571 12395245 11876375 418016 463618 17462062 17013813 X 11756591 14864926 4408547 4825973 1977775 1980464 18142913 21671363 35604975 38685176 3181005 349064 -1619 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 5934527 1300 602070 303272 6234625 6273801 7025 -54165 292134 5934527 5056951 335033 1121645 239828 6273801 3793906 1195441 306575 238971 5056951 0.13000 0.31000 0.56000 false false 2402831 2402831 25656964 8262412 17394552 6591299 4248877 2342422 5427030 3760736 1666294 23806099 DEPOSITS 402319 AGENCY FUNDS 42332 DEFERRED COMPENSATION 18967 CHARITABLE REMAINDER TRUST LIABILITY 463618 X 16240026 349064 349064 15890962 54867 3602541 3657408 19548370 12711576 3134 3134 12708442 54867 3604056 3658923 16367365 TERMS FOR NOT REPORTING ASSETS PER SFAS 116 SCHEDULE D, PAGE 1, PART III, LINE 1A COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED NET ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. COLLECTION ITEMS ARE PROTECTED, KEP UNENCUMBERED, CARED FOR, AND PRESERVED. COLLECTIONS AND RELATION TO EXEMPT PURPOSE SCHEDULE D, PAGE 2, PART III, LINE 4 THE SCHOOL MAINTAINS A COLLECTION OF ART AND ANTIQUITIES FOR THE EDUCATION OF STUDENTS. INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR SCHOLARSHIPS, FINANCIAL AID AND STUDENT AWARDS AS WELL AS FACULTY SALARY AND PROFESSIONAL DEVELOPMENT, PROGRAM SUPPORT AND BUILDING AND GROUND EXPENDITURES. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE ORGANIZATION UTILIZES ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS, AND HAS DETERMINED THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENT AGENCIES EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED, NOR HAVE ANY RELATED INTEREST AND PENALTIES BEEN ACCRUED. THE IRS AND STATE TAXING AUTHORITIES RETAIN THE RIGHT TO REVIEW FILED TAX RETURNS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. HOWEVER, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010, IS NOT CURRENTLY UNDER AUDIT, AND HAS NOT BEEN CONTACTED BY ANY OF THESE TAX JURISDICTIONS. REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID EXPENSES, NETTED AGAINST REV ON F/S 3,304,352 TUITION DISCOUNTS, NETTED AGAINST REV ON F/S 299,704 LOSS ON DISPOSAL OF ASSET -1,515 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D UNCOLLECTIBLE PROMISES TO GIVE 1,619 LOSS ON DISPOSAL OF ASSETS 1,515 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID EXPENSE, NETTED AGAINST REV ON F/S 3,304,352 TUITION DISCOUNT, NETTED AGAINST REV ON F/S 299,704 true true true true true true true false false false false false false false false false false true PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION SCHEDULE E LINE 3 THE PERKIOMEN SCHOOL ABIDES BY BOTH THE SPIRIT AND LETTER OF THE LAW IN ALL ITS EMPLOYMENT AND ADMISSION POLICIES THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE COLOR RELIGION GENDER SEXUAL ORIENTATION OR NATIONAL OR ETHNIC ORIGIN X X X X X X true PROOF DESIGN STUDIOS 36 UPPER ABBEYGATE ST GALWAY IRELAND EI MATERIALS false 31958 -31958 THE OSBORNE GROUP 100 SOUTH BEDFORD RD STE 340 MT KISCO NY 10549 SERVICE false 16008 -16008 MICHAEL GUNSELMAN INC 1007 NORTH BROOM STREET WILMINGTON DE 19806 MATERIALS false 7950 -7950 THE PLANNED GIVING CO 28 WEST STATE ST MEDIA PA 19063 MATERIALS false 5700 -5700 MINUTEMAN PRESS 93 S WEST END BLVD QUAKERTOWN PA 18951 MATERIALS false 5687 -5687 67303 -67303 All States true STUDENT FINANCIAL AID 136 3304351 TUITION X true true X X X X X X false false false false false false false false false CHRISTOPHER TOMPKINS 231104 31207 262311 CAROL DOUGHERTY 141785 26407 168192 MICHAEL FOUX 132063 26057 158120 GEORGE ALLISON 10000 10000 10000 X 5 2108192 MARKET VALUE X 1 1609 false false true THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS SCHEDULE M, PAGE 1, PART I, LINE 32B THE ORGANIZATION UTILIZES NORTHERN TRUST TO PROCESS AND SELL DONATIONS OF PUBLICLY TRADED STOCK RECEIVED BY THE ORGANIZATION. SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS FORM 990, PAGE 6, PART VI, LINE 4 PURSUANT TO AN ORDER DATED OCTOBER 25, 2012 (THE "ORDER") OF THE COURT OF COMMON PLEAS OF MONTGOMERY COUNTY, PENNSYLVANIA, ORPHANS' COURT DIVISION (THE "COURT"), THE COURT REINSTATED THE ORIGINAL CHARTER (AS AMENDED) AND 2005 BYLAWS OF THE PERKIOMEN SCHOOL (THE "SCHOOL") AS IN EFFECT IMMEDIATELY PRIOR TO THE ADOPTION OF THE 2010 AMENDED AND RESTATED ARTICLES OF INCORPORATION AND BYLAWS OF THE SCHOOL. AS CONTEMPLATED BY THE COURT'S ORDER, THE SCHOOL HAS FILED A PETITION WITH THE COURT (THE "PETITION") SEEKING APPROVAL OF THE CHANGES EFFECTED BY THE DOCUMENTS ADOPTED IN 2010. THERE HAS BEEN NO CHANGE IN THE SCHOOL'S ORIGINAL EXEMPT, CHARITABLE PURPOSE AS AN EDUCATIONAL INSTITUTION AND IT WILL CONTINUE TO BE ORGANIZED AND OPERATED AS SUCH. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A UNDER THE ORIGINAL CHARTER (AS AMENDED) AND THE 2005 BYLAWS REINSTATED ON OCTOBER 25, 2012 PURSUANT TO THE ORDER, AND PENDING COURT ACTION ON THE PETITION, THE SCHWENKFELDER CHURCH (THE "CHURCH") HAS THE AUTHORITY TO APPOINT AND ELECT 16 MEMBERS OF THE BOARD OF TRUSTEES, OF WHICH FOUR ARE TO BE ELECTED AT THE CHURCH'S ANNUAL GENERAL CONFERENCE IN EACH YEAR. NOTWITHSTANDING THE PROVISIONS OF THE REINSTATED ORIGINAL CHARTER (AS AMENDED) AND 2005 BYLAWS, HOWEVER, THE BOARD OF TRUSTEES AS CONSTITUTED ON AUGUST 12, 2010 MUST REMAIN THE SAME UNTIL FURTHER ORDER OF THE COURT. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B UNDER THE ORIGINAL CHARTER (AS AMENDED) AND 2005 BYLAWS REINSTATED BY THE COURT ON OCTOBER 25, 2012 PURSUANT TO THE ORDER, ANY AMENDMENT OF THE SCHOOL'S BYLAWS REQUIRES APPROVAL OF THE CHURCH. UNDER THE ORIGINAL CHARTER (AS AMENDED), THE CHURCH HAS THE AUTHORITY TO CAUSE THE SCHOOL TO BE DISSOLVED AND A REVERSIONARY INTEREST IN ALL OF THE SCHOOL'S PROPERTY AVAILABLE FOR DISTRIBUTION UPON A DISSOLUTION. IT IS BELIEVED THAT PENNSYLVANIA LAW REQUIRES COURT APPROVAL BEFORE THE CHURCH CAN EXERCISE ITS RIGHTS UNDER THE REVERSIONARY INTEREST. THE FOREGOING RIGHTS OF THE CHURCH ARE SUBJECT TO THE COURT'S ORDER AND ANY COURT ACTION ON THE PETITION. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE SCHOOL'S FORM 990 IS REVIEWED AND APPROVED BY THE HEADMASTER AND TWO ASSISTANT HEADMASTERS. THE SOURCE OF THE FINANCIAL INFORMATION ON THE FORM IS THE AUDITED FINANCIAL STATEMENTS FOR THE FILING PERIOD. THESE STATEMENTS WERE REVIEWED AND FORMALLY APPROVED BY THE BOARD OF TRUSTEES AT THEIR FALL MEETING. A COPY OF THE FINAL 990 WAS PROVIDED TO THE BOARD OF TRUSTEES. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS SIGNED ANNUALLY BY THE TRUSTEES. THE DOCUMENT CLEARLY STATES THE CONFLICT OF INTEREST POLICY REQUIRES TRUSTEES TO DISCLOSE ANY KNOWN CONFLICTS. EACH DOCUMENT IS SIGNED BY THE TRUSTEE AND FILED WITH THE OFFICE OF THE HEADMASTER AND CEO OF THE SCHOOL. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A BOARD HIRED AN OUTSIDE CONSULTANT AND REVIEWED COMPARISON CHARTS TO DETERMINE COMPENSATION FOR HEADMASTER. ANNUAL ADJUSTMENTS TO THE INITIAL SALARY ARE MADE BASED ON PERFORMANCE AND ARE BENCHMARKED AGAINST NAIS DATA AND OTHER BOARDING SCHOOL INFORMATION COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE HEADMASTER SETS SALARIES AND SALARY INCREASES FOR KEY EMPLOYEES IN THE ORGANIZATION. IN DOING SO HE USES THE SCHOOL'S HISTORICAL SALARIES AS A STARTING GUIDE AND MAKES ADJUSTMENTS AS NECESSARY SUPPORTED BY SALARY STATISTICS FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL'S DATABASE. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE ON REQUEST AND ON GUIDESTAR. OTHER FEES FOR SERVICES FORM 990, PART IX, LINE 11G CONSULTING 0 3,000 0 CONTRACTED SERVICES 1,643,716 50,060 3,535 RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 FINANCIAL AID EXPENSES, NETTED AGAINST REV ON F/S -3,304,352 TUITION DISCOUNTS, NETTED AGAINST REV ON F/S -299,704 LOSS ON DISPOSAL OF ASSET 1,515 UNCOLLECTIBLE PROMISES TO GIVE -1,619 LOSS ON DISPOSAL OF ASSETS -1,515 FINANCIAL AID EXPENSE, NETTED AGAINST REV ON F/S 3,304,352 TUITION DISCOUNT, NETTED AGAINST REV ON F/S 299,704 THE SCHWENKFELDER CHURCH 105 SEMINARY AVENUE PENNSBURG PA 18073 232030826 RELIGIOUS N/A false ORGANIZ. PA N/A false false false false false false false false false false false false false false false false false false false false