IYRS SCHOOL OF TECHNOLOGY & TRADES: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- IYRS SCHOOL OF TECHNOLOGY & TRADES (EIN 05-0470320)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201411349349302901
- Schema version
- 2012v2.1
- 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 G
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T10:29:03-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050409384 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAHN LITWIN RENZA & CO LTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 951 NORTH MAIN STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02904 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050470320 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE INTERNATIONAL YACHT RESTORATION SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INTE | NameControl |
| Phone | 4018485777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 449 THAMES STREET NO 111 | AddressLine1 |
| City | NEWPORT | City |
| State | RI | State |
| ZIP Code | 02840 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | REBEKA J MAZZONE | Name |
| Title | CFO | Title |
| Phone | 4018485777 | Phone |
| Date Signed | 2014-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBORAH A HOPKINS | Name |
| PTIN | P00167843 | PTIN |
| Phone | 4012742001 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TERRY NATHAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 449 THAMES STREET NO 111 | AddressLine1 |
| City | NEWPORT | City |
| State | RI | State |
| ZIP Code | 02840 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4364283 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.IYRS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | RI | StateLegalDomicile |
| Activity Or Mission Description | TO TEACH THE SKILLS, HISTORY, ART, AND SCIENCE OF BUILDING, RESTORING AND MAINTAINING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 26 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1442707 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1757181 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1075555 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1515591 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 22706 | InvestmentIncomePriorYear |
| Investment Income Current Year | 114605 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 341650 | OtherRevenuePriorYear |
| Other Revenue Current Year | -76058 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2882618 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3311319 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 209750 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1742254 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1636991 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 380833 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1325523 | OtherExpensePriorYear |
| Other Expenses Current Year | 1553220 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3277527 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3190211 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -394909 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 121108 | RevenuesLessExpensesCY |
| Total Assets BOY | 13591948 | TotalAssetsBOY |
| Total Assets EOY | 13679367 | TotalAssetsEOY |
| Total Liabilities BOY | 1388559 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1315804 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12203389 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 12363563 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO TEACH THE SKILLS, HISTORY, ART, AND SCIENCE OF BUILDING, RESTORING AND MAINTAINING; TO PRESERVE THE KNOWLEDGE AND HISTORY OF CRAFTSMANSHIP IN AMERICA'S RICH HERITAGE OF MAKING; AND TO SHOW THAT HONEST WORK, INTEGRITY, AND MASTERY OF CRAFT - WHETHER HANDS-ON OR THROUGH TECHNOLOGY - ARE AMONG LIFE'S GREAT ACHIEVEMENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 1955384 | Expense |
| Revenue | 1325870 | Revenue |
| Description | IN SEPTEMBER 2012, 67 STUDENTS FROM 15 STATES AND 8 COUNTRIES WERE ENROLLED IN THE THREE FULL-TIME SCHOOL PROGRAMS, AN INCREASE OF APPROXIMATELY 24% FROM THE PREVIOUS YEAR, AND THE LARGEST ENROLLMENT TO DATE. THE SCHOOL OF BOATBUILDING & RESTORATION IS A TWO YEAR PROGRAM ABOUT MASTERING A CRAFT BASED ON THE FUNDAMENTALS OF WOODEN BOATBUILDING. IN THE SCHOOL OF BOATBUILDING & RESTORATION, FIRST-YEAR STUDENTS' MAJOR PROJECT IS THE FULL RESTORATION OF BEETLECATS, SMALL PLANK-ON-FRAME BOATS, IN TEAMS OF TWO OR THREE STUDENTS. THE CURRICULUM HAS ADDED ADDITIONAL FIELD TRIPS AND AN IN-DEPTH INSTRUCTION TO PROJECT MANAGEMENT WHICH IS EXPECTED TO PROVIDE A MORE REWARDING AND DEEPER EXPERIENCE FOR STUDENTS. SECOND-YEAR STUDENTS (CONTINUED ON SCHEDULE O)TAKE ON THE RESTORATION OF LARGER PLANK-ON-FRAME SAILBOATS OR POWER BOATS AND LEARN MARINE BUSINESS OPERATIONS. IN FISCAL YEAR 2013, FIRST-YEAR STUDENTS COMPLETED 8 BEETLECATS AND SECOND-YEAR PROJECTS INCLUDED THE RESTORATION OF A 25' HERRESHOFF LAUNCH, A HERRESHOFF FISH CLASS SLOOP AND AN 11' HERRESHOFF FROSTBITE DINGY. WE CONTINUE TO MODESTLY REFINE CURRICULUM TO DELIVER A STATE OF THE ART BOATBUILDING & RESTORATION PROGRAM, DEEPEN DIFFERENTIATORS AND EQUIP STUDENTS WITH SKILL SETS THAT SET THEM APART IN THE WORKPLACE SUCH AS PROJECT MANAGEMENT AND PROBLEM SOLVING SKILLS. IN SEPTEMBER 2012, THERE WERE 22 FIRST-YEAR AND 16 SECOND-YEAR STUDENTS ENROLLED IN THE SCHOOL OF BOATBUILDING & RESTORATION; 15 OF THE SECOND-YEAR STUDENTS RECEIVED THEIR CERTIFICATE IN BOATBUILDING AND RESTORATION.THE SCHOOL OF MARINE SYSTEMS IS A 6-MONTH PROGRAM THAT TRAINS STUDENTS TO INSTALL, REPAIR AND MAINTAIN EVERY ESSENTIAL SYSTEM ON BOATS OF ALL SIZES: ELECTRICAL, NAVIGATION, ELECTRONICS, STEERING, DIESEL ENGINES, PLUMBING, FIREFIGHTING, HVAC, REFRIGERATION AND MORE. IT IS AN INTENSE IMMERSION INTO THE WORLD OF MODERN BOAT SYSTEMS. STUDENTS WORK IN TEAMS AND RECEIVE TOP-TIER INSTRUCTION AND GUIDANCE FROM INDUSTRY EXPERTS. ABYC AND NMEA CERTIFICATION EXAM PREP IS A CORE PART OF THE CURRICULUM, SO STUDENTS ARE READY TO TAKE THE TESTS, AND ENTER THE INDUSTRY. IN SEPTEMBER 2012, THERE WERE 18 STUDENTS ENROLLED IN THE SCHOOL OF MARINE SYSTEMS, OF WHICH 16 RECEIVED THEIR CERTIFICATE IN MARINE SYSTEMS; IN MARCH 2013, THERE WERE 10 STUDENTS ENROLLED FOR A TERM THAT WILL CONCLUDE IN FISCAL YEAR 2014.THE SCHOOL OF COMPOSITES TECHNOLOGY HAS FOUR CORNERSTONES: COMPOSITES FUNDAMENTALS, COMPOSITES MANUFACTURING METHODS, COMPOSITES TOOLING DEVELOPMENT, AND COMPOSITES REPAIR AND REFINISHING. STUDENTS LEARN SKILLS SUCH AS VACUUM INFUSION PROCESSING, ADVANCED MOLDING, CAD/CAM OPERATIONS, ROBOTIC CNC PLUG BUILDING, REPAIR PRACTICES, AND MORE. DURING THE 6-MONTH PROGRAM, STUDENTS PREPARE TO TAKE SEVERAL ACMA CERTIFICATION EXAMS - THE GOLD STANDARD OF COMPOSITES CREDENTIALS. IN SEPTEMBER 2012, THERE WERE 11 STUDENTS ENROLLED IN THE SCHOOL OF COMPOSITES TECHNOLOGY, ALL OF WHOM RECEIVED THEIR CERTIFICATE IN COMPOSITES TECHNOLOGY; IN MARCH 2013, THERE WERE 7 STUDENTS ENROLLED.SCHOLARSHIPS TO STUDENTS IN THE BOATBUILDING & RESTORATION, MARINE SYSTEMS AND COMPOSITES SCHOOL PROGRAMS ARE AWARDED FOR TUITION AND FEES BASED ON FINANCIAL NEED AS CREDITS TO THEIR ACCOUNTS. FOR THE FISCAL YEAR ENDED JUNE 30, 2013, 40 STUDENTS RECEIVED SCHOLARSHIPS FOR A TOTAL OF $137,128. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 35894 | Expense |
| Revenue | 193923 | Revenue |
| Description | IYRS ALSO OWNS AND OPERATES A MARINA TO SHOWCASE CLASSIC AND OTHER BOATS, AND OWNS A TEMPORARY BUILDING USED FOR THE RESTORATION OF THE YACHT "CORONET", AMERICA'S MOST HISTORIC YACHT. IN ADDITION, IYRS MANAGES THE PROGRAMMATICALLY AND FORMALLY RELATED ORGNIZATION THE MUSEUM OF YACHTING, AND OTHER RELATED ORGANIZATIONS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1991278 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 46 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 26 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | RI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REBEKA MAZZONE CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4018485777 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 449 THAMES STREET | AddressLine1 |
| City | NEWPORT | City |
| State | RI | State |
| ZIP Code | 02840 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|---|
| TERRY NATHAN | |||||||
| PRESIDENT | 59.00 | 1.00 | X | X | 198125 | 0 | 16823 |
| JOSEPH T DOCKERY | |||||||
| CHAIRMAN | 0.50 | X | X | 0 | 0 | 0 | |
| CHARLES H TOWNSEND | |||||||
| VICE-CHAIRMAN | 0.50 | X | X | 0 | 0 | 0 | |
| HARRY T REIN | |||||||
| TREASURER | 0.50 | X | X | 0 | 0 | 0 | |
| RONALD P O'HANLEY | |||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 | |
| ALFRED W BOYLAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RICHARD BREADY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM M BROOKS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CONNELL CHRISTOPHER CANNON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JAMES J COLEMAN JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PEGGY COMFORT | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DARRELL CRATE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PETER DENTON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CLAYTON G DEUTSCH | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL J DOMINGUEZ | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JUERGEN FRIEDRICH | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GLENN F FULLER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| STEPHEN L GLASCOCK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| LAWRENCE GLENN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PETER GONZALEZ | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| H THEODORE GRAVES | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DEBORAH L HADLEY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| SETH HAGEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GEORGE M ISDALE JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RALPH ISHAM | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ERNEST K JACQUET | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| EARL MCMILLEN III | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GERALD O MIGLIACCIO | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| BILL MORONG | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JAMES O'BRIEN JR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| MARK E WATSON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| BRENDA L WILSON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ZBYNEK E ZAK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RHONDA LANDERS | |||||||
| COO/CFO | 59.00 | 1.00 | X | 128339 | 0 | 7700 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 326464 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 24523 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 12551 | MembershipDues |
| Fundraising Events | 548983 | FundraisingEvents |
| All Other Contributions | 1195647 | AllOtherContributions |
| Noncash Contributions | 146061 | NoncashContributions |
| Total Contributions | 1757181 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SCHOOL | 611519 | 1270519 | 1270519 |
| MARINA | 713990 | 145772 | 145772 |
| MANAGEMENT FEES | 900099 | 99300 | 99300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1515591 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40018 | TotalRevenueColumn |
| Exclusion | $40,018 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 614258 | Securities |
| Other | 168416 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 595022 | Securities |
| Other | 113065 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 19236 | Securities |
| Other | 55351 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 74587 | TotalRevenueColumn |
| Related Or Exempt Function Income | 55351 | RelatedOrExemptFunctionIncome |
| Exclusion | $19,236 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 246439 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 548983 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 271348 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -24909 | TotalRevenueColumn |
| Exclusion | -$24,909 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 8796 | GrossSalesOfInventory |
| Cost Of Goods Sold | 73529 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -64733 | TotalRevenueColumn |
| Related Or Exempt Function Income | -64733 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 13584 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13584 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 13584 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3311319 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1519793 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $34,345 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 373350 | Total |
| Program Services | 117810 | ProgramServices |
| Management And General | 140765 | ManagementAndGeneral |
| Fundraising | 114775 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1067707 | Total |
| Program Services | 697636 | ProgramServices |
| Management And General | 203842 | ManagementAndGeneral |
| Fundraising | 166229 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46746 | Total |
| Program Services | 38642 | ProgramServices |
| Management And General | 5282 | ManagementAndGeneral |
| Fundraising | 2822 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48869 | Total |
| Program Services | 28652 | ProgramServices |
| Management And General | 7338 | ManagementAndGeneral |
| Fundraising | 12879 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100319 | Total |
| Program Services | 58244 | ProgramServices |
| Management And General | 22033 | ManagementAndGeneral |
| Fundraising | 20042 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13890 | Total |
| Management And General | 13890 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79534 | Total |
| Management And General | 79534 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70828 | Total |
| Program Services | 57795 | ProgramServices |
| Fundraising | 13033 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 284271 | Total |
| Program Services | 283764 | ProgramServices |
| Management And General | 388 | ManagementAndGeneral |
| Fundraising | 119 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 256573 | Total |
| Program Services | 179065 | ProgramServices |
| Management And General | 62743 | ManagementAndGeneral |
| Fundraising | 14765 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55955 | Total |
| Program Services | 5319 | ProgramServices |
| Management And General | 50636 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347094 | Total |
| Program Services | 220575 | ProgramServices |
| Management And General | 126381 | ManagementAndGeneral |
| Fundraising | 138 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38113 | Total |
| Program Services | 25518 | ProgramServices |
| Management And General | 3733 | ManagementAndGeneral |
| Fundraising | 8862 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15490 | Total |
| Program Services | 14892 | ProgramServices |
| Management And General | 108 | ManagementAndGeneral |
| Fundraising | 490 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8742 | Total |
| Management And General | 8742 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200002 | Total |
| Program Services | 170002 | ProgramServices |
| Management And General | 30000 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70039 | Total |
| Program Services | 37454 | ProgramServices |
| Management And General | 25882 | ManagementAndGeneral |
| Fundraising | 6703 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSES | 38659 | 15658 | 5072 | 17929 |
| PROGRAM EQUIPMENT | 29283 | 29283 | ||
| BAD DEBT EXPENSE | 24336 | 24336 | ||
| DUES AND FEES | 16984 | 7894 | 7173 | 1917 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3427 | Total |
| Program Services | 3075 | ProgramServices |
| Management And General | 222 | ManagementAndGeneral |
| Fundraising | 130 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3190211 | Total |
| Program Services | 1991278 | ProgramServices |
| Management And General | 818100 | ManagementAndGeneral |
| Fundraising | 380833 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15653 | BOY |
| EOY | 114768 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 948855 | BOY |
| EOY | 440669 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 355197 | BOY |
| EOY | 362995 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1689883 | BOY |
| EOY | 1380157 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77121 | BOY |
| EOY | 5149 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104796 | BOY |
| EOY | 205866 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4594786 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1610171 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3118685 | BOY |
| EOY | 2984615 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1106236 | BOY |
| EOY | 1869504 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5033393 | BOY |
| EOY | 5033393 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1142129 | BOY |
| EOY | 1282251 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13591948 | BOY |
| EOY | 13679367 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 389342 | BOY |
| EOY | 400808 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 523862 | BOY |
| EOY | 635860 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 308680 | BOY |
| EOY | 279136 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 166675 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1388559 | BOY |
| EOY | 1315804 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10976786 | BOY |
| EOY | 10786745 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1021103 | BOY |
| EOY | 1333318 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205500 | BOY |
| EOY | 243500 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12203389 | BOY |
| EOY | 12363563 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13591948 | BOY |
| EOY | 13679367 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 121108 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 39066 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2497751 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1425662 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1944899 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1990745 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1757181 | CurrentTaxYear |
| Total | 9616238 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2497751 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1425662 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1944899 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1990745 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1757181 | CurrentTaxYear |
| Total | 9616238 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1043378 | AmountsSubstContributorsTotal |
| Public Support Total170 | 8572860 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 249112 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 272645 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 300434 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 404913 | CurrentTaxYearMinus1Year |
| Current Tax Year | 40018 | CurrentTaxYear |
| Total | 1267122 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3514 | CurrentTaxYearMinus4Years |
| Total | 3514 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1486035 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 123486 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15312 | CurrentTaxYearMinus1Year |
| Current Tax Year | 13584 | CurrentTaxYear |
| Total | 1638417 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 12525291 | TotalSupport |
| Gross Receipts From Admissions Etc | 6822636 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.68440 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.71170 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE 2011 COLUMN INCLUDES AMOUNTS FROM THE FORM 990S FOR BOTH THE JANUARY 1, 2011 - JUNE 30, 2011 SHORT YEAR AND THE JULY 1, 2011 - JUNE 30, 2012 FISCAL YEAR. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 223672 | BeginningOfYearBalance |
| Contributions | 38000 | Contributions |
| Investment Earnings Or Losses | 8500 | InvestmentEarningsOrLosses |
| End Of Year Balance | 270172 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 185135 | BeginningOfYearBalance |
| Contributions | 38000 | Contributions |
| Investment Earnings Or Losses | 537 | InvestmentEarningsOrLosses |
| End Of Year Balance | 223672 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 167404 | BeginningOfYearBalance |
| Contributions | 17500 | Contributions |
| Investment Earnings Or Losses | 231 | InvestmentEarningsOrLosses |
| End Of Year Balance | 185135 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50000 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | 17404 | InvestmentEarningsOrLosses |
| End Of Year Balance | 167404 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55121 | BeginningOfYearBalance |
| Other Expenditures | 5121 | OtherExpenditures |
| End Of Year Balance | 50000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.90130 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09870 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1476800 | OtherCostOrOtherBasis |
| Book Value | 1476800 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1675287 | OtherCostOrOtherBasis |
| Depreciation | 518910 | Depreciation |
| Book Value | 1156377 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 72765 | OtherCostOrOtherBasis |
| Depreciation | 25520 | Depreciation |
| Book Value | 47245 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1369934 | OtherCostOrOtherBasis |
| Depreciation | 1065741 | Depreciation |
| Book Value | 304193 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2984615 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN SUBSIDIARY | Description |
| Book Value | 5033393 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 5033393 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BOAT RESTORATION ASSETS | 416251 |
| SHIP MODELS | 791000 |
| REFUNDABLE DEPOSIT | 75000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1282251 | TotalBookValueOtherAssets |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | IYRS'S ENDOWMENT CONSISTS OF DONOR-RESTRICTED FUNDS ESTABLISHED TO SUPPORT SCHOLARSHIPS FOR THE SCHOOL, INCLUDING THE ACCUMULATED APPRECIATION OF THOSE FUNDS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE TAX RETURNS FOR THE FISCAL YEARS ENDED JUNE 30, 2012, JUNE 30, 2011 AND DECEMBER 31, 2010 ARE SUBJECT TO EXAMINATION BY THE IRS. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 775202 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 541483 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 233719 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 7012 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 32777 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 36885 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 8400 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 168373 | OtherDirectExpensesEvent1 |
| Name Of Event2 | RESTORATION SOCIETY | NameOfEvent2 |
| Gross Receipts Event2 | 20220 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 7500 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 12720 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 451 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 15630 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 1820 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 795422 | GrossReceiptsTotal |
| Charitable Contributions Total | 548983 | CharitableContributionsTotal |
| Gross Revenue Total Events | 246439 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 7012 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 33228 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 52515 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 8400 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 170193 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 271348 | DirectExpenseSummaryEvents |
| Net Income Summary | -24909 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TERRY NATHAN | NamePerson |
| Title | PRESIDENT | Title |
| Base Compensation Filing Org | 198125 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 12593 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 4230 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 214948 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | IYRS PAYS FOR THE PRESIDENT'S MEMBERSHIP IN THE NEW YORK YACHT CLUB, A MEMBERSHIP DIRECTLY RELATED TO HIS PROGRAMMATIC AND FUNDRAISING WORK. |
| PART I, LINE 1B | THE EXPENSE FOR THE MEMBERSHIP IS APPROVED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 19 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 55660 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 4685 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenues |
Boats And Planes BoatsAndPlanes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 10 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 63500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 198964 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5544 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON DATE OF GIFT | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIP. & TOOLS | 9 | 3900 | FMV ON DATE OF GIFT |
| X | JEWELRY | 4 | 2545 | FMV ON DATE OF GIFT |
| X | MISC. AUCTION ITEMS | 17 | 10227 | FMV ON DATE OF GIFT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE NUMBER OF CONTRIBUTORS IS BASED ON THE ACTUAL NUMBER OF DONORS WHO GAVE NON-CASH GIFTS TO IYRS, INCLUDING FOR THE AUCTION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | EFFECTIVE SEPTEMBER 2012, THE MARINE SYSTEMS AND COMPOSITES TECHNOLOGY PROGRAMS WERE REVISED FROM 1,225 HOURS TO 920 HOURS - NINE MONTHS TO APPROXIMATELY SIX MONTHS. THE CURRENT HIGH QUALITY OUTCOMES OF THE STUDENTS WILL BE MAINTAINED BUT WITH AN ACCELERATED TRACK TO THE WORKFORCE, THUS REDUCING THE OVERALL TIME COMMITMENT AND FINANCIAL INVESTMENT. BOTH PROGRAMS WILL RUN YEAR-ROUND AND THE EXPECTATION IS THAT ENROLLMENT WILL INCREASE. APPROVALS FOR THESE CHANGES WERE RECEIVED FROM THE NECESSARY AGENCIES, E.G., THE U.S. DEPARTMENT OF EDUCATION, THE RHODE ISLAND GOVERNOR'S BOARD OF HIGHER EDUCATION AND THE ACCSC, OUR ACCREDITING AGENCY. THE IYRS PROGRAM ADVISORY COMMITTEE ALSO APPROVED THE REVISION OF THESE PROGRAMS AND PROVIDED GUIDANCE AND FEEDBACK TO THE REVISIONS IN THE OVERALL CURRICULUM. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS. THE DIRECTOR OF FINANCE AND CHIEF FINANCIAL OFFICER BOTH REVIEW THE 990 PRIOR TO FILING AND WORK CLOSELY WITH THE EXTERNAL TAX TEAM. ONCE THEY ARE SATISFIED WITH THE FORM, IT IS SHARED WITH THE FINANCE COMMITTEE ELECTRONICALLY, AND THEN WITH THE BOARD OF TRUSTEES. THE COMMITTEE AND BOARD ARE ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS, WHICH ARE REVIEWED ELECTRONICALLY. ONCE THERE ARE NO FURTHER CHANGES, THE FORM IS SUBMITTED TO THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES. ANNUALLY, THESE INDIVIDUALS ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY, HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE CHAIR OF THE BOARD OF TRUSTEES TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. | |
| FORM 990, PART VI, SECTION B, LINE 15A | ANNUALLY, THE COMPENSATION COMMITTEE OF THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE PRESIDENT. THE REVIEW ALSO ESTABLISHES THE PRESIDENT'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE PRESIDENT AND CONSIDERATION OF A SALARY SURVEY OF COMPARABLE POSITIONS OBTAINED FROM THE FORMS 990 OF SIMILAR ORGANIZATIONS. NEGOTIATIONS ARE THEN CONFIRMED IN A EMPLOYMENT CONTRACT. THE PAY FOR ALL OTHER EMPLOYEES, INCLUDING THE CHIEF FINANCIAL OFFICER, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES, IS DETERMINED BY THE PRESIDENT. HOWEVER, THE BOARD OF TRUSTEES APPROVES THE BUDGET WHICH INCLUDES EMPLOYEE SALARIES, AND A SALARY WORKSHEET IS AVAILABLE TO ALL TRUSTEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. | |
| FORM 990, PART VI, SECTION B, LINES 13 AND 14 | THE ORGANIZATION IS IN THE PROCESS OF REVIEWING INFORMAL WHISTLEBLOWER AND DOCUMENT RETENTION POLICIES, AND WILL FORMALIZE WITH APPROVAL BY THE BOARD OF TRUSTEES DURING FISCAL YEAR 2014. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MUSEUM OF YACHTING INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 449 THAMES ST | AddressLine1 |
| City | NEWPORT | City |
| State | RI | State |
| ZIP Code | 02840 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050387774 | EIN |
| Primary Activities | TO PROMOTE THE HISTORY OF YACHTING | PrimaryActivities |
| Legal Domicile State | RI | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILL RESTORATION LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 449 THAMES ST | AddressLine1 |
| City | NEWPORT | City |
| State | RI | State |
| ZIP Code | 02840 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261134582 | EIN |
| Primary Activity | REAL ESTATE | PrimaryActivity |
| Legal Domicile State | RI | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTORATION MANAGEMENT INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeType |
| Share Of Total Income | 13530 | ShareOfTotalIncome |
| Share Of EOY Assets | 89998 | ShareOfEOYAssets |
| Disproportionate Allocations | 1 | DisproportionateAllocations |
| General Or Managing Partner | 0 | GeneralOrManagingPartner |
| Percentage Ownership | 0.01000 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTORATION MANAGEMENT INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 449 THAMES ST | AddressLine1 |
| City | NEWPORT | City |
| State | RI | State |
| ZIP Code | 02840 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261126450 | EIN |
| Primary Activity | REAL ESTATE | PrimaryActivity |
| Legal Domicile State | RI | LegalDomicileState |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 12000 | ShareOfTotalIncome |
| Share Of EOY Assets | 3888293 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MUSEUM OF YACHTING INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionType |
| Amount Involved | 59554 | AmountInvolved |
| Method Of Amt Determination | ACTUAL CASH RECEIVED | MethodOfAmtDetermination |