KENTS HILL SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KENTS HILL SCHOOL (EIN 01-0211532)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-11
- IRS object ID
- 201440429349300819
- Schema version
- 2012v2.3
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-11T12:07:59-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PFBFCPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46 FIRSTPARK DRIVE | AddressLine1 |
| City | OAKLAND | City |
| State | ME | State |
| ZIP Code | 049635362 | 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 | 010211532 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENTS HILL SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KENT | NameControl |
| Phone | 2076854914 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ATTN BUSINESS OFFICE | AddressLine1 |
| City | KENTS HILL | City |
| State | ME | State |
| ZIP Code | 04349 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARRY GATES | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2076854914 | Phone |
| Date Signed | 2014-02-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DANIELLE D MARTIN CPA | Name |
| Phone | 2078731603 | Phone |
| Date Prepared | 2014-02-11 | DatePrepared |
| 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 | BARRY GATES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 257 | AddressLine1 |
| City | KENTS HILL | City |
| State | ME | State |
| ZIP Code | 043490257 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14915796 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.KENTSHILL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1824 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT IN ORDER TO: 1) PREPARE THEM FOR THE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION; 2) HELP THEM LEARN TO LOVE AND RESPECT THEMSELVES AND THEIR FELLOW STUDENTS, AND TO CARE FOR THOSE IN LESS FORTUNATE CIRCUMSTANCES; 3) TEACH THEM TO BE RESPONSIBLE STEWARDS OF OUR NATURAL HERITAGE; 4) REMIND THEM THAT ONE MAN OR WOMAN OF PRINCIPLE CAN ALWAYS MAKE A DIFFERENCE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 133 | TotalNbrEmployees |
| Total Gross UBI | -66532 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -34571 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1774711 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2701983 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 10767175 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11393602 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 424540 | InvestmentIncomePriorYear |
| Investment Income Current Year | 396622 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 79404 | OtherRevenuePriorYear |
| Other Revenue Current Year | -47667 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13045830 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14444540 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2276250 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2393700 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5720630 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6118520 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 587779 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6025822 | OtherExpensePriorYear |
| Other Expenses Current Year | 5813957 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 14022702 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14326177 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -976872 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 118363 | RevenuesLessExpensesCY |
| Total Assets BOY | 52594935 | TotalAssetsBOY |
| Total Assets EOY | 54556136 | TotalAssetsEOY |
| Total Liabilities BOY | 24271410 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 22918095 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28323525 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 31638041 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT IN ORDER TO: 1) PREPARE THEM FOR THE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION; 2) HELP THEM LEARN TO LOVE AND RESPECT THEMSELVES AND THEIR FELLOW STUDENTS, AND TO CARE FOR THOSE IN LESS FORTUNATE CIRCUMSTANCES; 3) TEACH THEM TO BE RESPONSIBLE STEWARDS OF OUR NATURAL HERITAGE; 4) REMIND THEM THAT ONE MAN OR WOMAN OF PRINCIPLE CAN ALWAYS MAKE A DIFFERENCE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 2393700 | Expense |
| Grants | 2393700 | Grants |
| Description | SCHOLARSHIPS AND OTHER FINANCIAL AID BASED ON NEED | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7478727 | Expense |
| Revenue | 11393602 | Revenue |
| Description | PRIVATE SECONDARY SCHOOL UTILIZED BY APPROXIMATELY 220 BOARDING AND DAY STUDENTS | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9872427 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 22 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 133 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form1098 C Filed | false | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BARRY GATES | NamePerson |
| Telephone Number | 2076854914 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1614 MAIN STREET | AddressLine1 |
| City | KENTS HILL | City |
| State | ME | State |
| ZIP Code | 043490257 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| PARKER BEVERAGE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TAYLOR BODMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ABIGAIL BOWERS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES CHIANG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NANCY COLHOUN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EMILY BEVERAGE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS DIBENEDETTO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GORDON FAY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PATRICIA HATLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEPHEN JENEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM BRENNAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOSETTE HUNTRESS HOLLAND | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD O'CONNOR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT RHEAULT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVID RHODES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JANET ROCHE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CORNELIA SPRING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DOUGLAS STINSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ALEXANDER WALL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN AKIN | |||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | |
| MARK ALCAIDE | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X | |
| THEODORE ALFOND | |||||||
| VP | 1.00 | X | 0 | 0 | 0 | X | |
| EDWARD LANE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RUTH SIGAL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GUY WILLIAMS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ALANE B O'CONNOR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ZUHAIR SHAMMOUT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMIE THORSEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TANNETTA VAN VLISSINGEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JEREMY LACASSE | |||||||
| HEAD OF SCHO | 40.00 | 143002 | 0 | 23718 | X | ||
| BARRY GATES | |||||||
| CFO | 40.00 | 110936 | 0 | 19541 | X | ||
| PATRICK C MCINERNEY | |||||||
| ASSOCIATE HE | 40.00 | 106279 | 0 | 19441 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 360217 | TotalReportableCompFromOrg |
| Total Other Compensation | 62700 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SAGE DINING SERVICES INC | |||||
| 222 BOSLEY AVE SUITE B7 | TOWSON | MD | 21204 | FOOD SERVICES | 927954 |
| WINTHROP FUEL CO INC | |||||
| 111 ROUTE 133 | WINTHROP | ME | 04364 | OIL | 380514 |
| WARREN CONSTRUCTION GROUP LLC | |||||
| PO BOX 362 | SOUTH FREEPORT | ME | 04078 | CONSTRUCTION | 349682 |
| BOWER CONSTRUCTION | |||||
| 557 HALLOWELL-LITCHFIELD ROAD | WEST GARDINER | ME | 04345 | CONSTRUCTION | 221886 |
| CONSTELLATION NEW ENERGY INC | |||||
| 14217 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | ELECTRICITY | 151204 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 23682 | FundraisingEvents |
| All Other Contributions | 2678301 | AllOtherContributions |
| Noncash Contributions | 107657 | NoncashContributions |
| Total Contributions | 2701983 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION INCOME | 10999770 | 10999770 |
| SUMMER PROGRAM INCOME | 228107 | 228107 |
| ENROLLMENT FEES FORFEITED | 71873 | 71873 |
| TRANSPORTATION FEES | 61933 | 61933 |
| APPLICATION FEES | 16201 | 16201 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15718 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15718 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11393602 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 396622 | TotalRevenueColumn |
| Exclusion | $396,622 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 176862 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 243394 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -66532 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -66532 | TotalRevenueColumn |
| Unrelated Business Revenue | -66532 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 42690 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 23682 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 10689 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32001 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 173448 | GrossSalesOfInventory |
| Cost Of Goods Sold | 217173 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -43725 | TotalRevenueColumn |
| Exclusion | -$43,725 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| SUNDRY INCOME | 29245 | 29245 |
| DISCOUNTS TAKEN | 1344 | 1344 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 30589 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14444540 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11424191 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -66532 | UnrelatedBusinessRevenue |
| Exclusion | $352,897 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1841000 | Total |
| Program Services | 1841000 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 552700 | Total |
| Program Services | 552700 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 293905 | Total |
| Management And General | 229219 | ManagementAndGeneral |
| Fundraising | 64686 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4448038 | Total |
| Program Services | 2741074 | ProgramServices |
| Management And General | 1414648 | ManagementAndGeneral |
| Fundraising | 292316 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185507 | Total |
| Program Services | 114725 | ProgramServices |
| Management And General | 60390 | ManagementAndGeneral |
| Fundraising | 10392 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 866485 | Total |
| Program Services | 494299 | ProgramServices |
| Management And General | 312755 | ManagementAndGeneral |
| Fundraising | 59431 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 324585 | Total |
| Program Services | 187805 | ProgramServices |
| Management And General | 115220 | ManagementAndGeneral |
| Fundraising | 21560 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60563 | Total |
| Management And General | 60563 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50159 | Total |
| Management And General | 50159 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136266 | Total |
| Management And General | 136203 | ManagementAndGeneral |
| Fundraising | 63 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131441 | Total |
| Management And General | 81643 | ManagementAndGeneral |
| Fundraising | 49798 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 690930 | Total |
| Program Services | 690930 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 371612 | Total |
| Program Services | 164829 | ProgramServices |
| Management And General | 140240 | ManagementAndGeneral |
| Fundraising | 66543 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658316 | Total |
| Management And General | 658316 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1406241 | Total |
| Program Services | 1406241 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46726 | Total |
| Management And General | 46726 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACTUAL SERVICES | 1017885 | 958792 | 59093 | |
| MAINT, SUPPLIES & EQUIP | 719214 | 638090 | 58134 | 22990 |
| MISCELLANEOUS | 240430 | 198 | 240232 | |
| BAD DEBTS | 202430 | 202430 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81744 | Total |
| Program Services | 81744 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14326177 | Total |
| Program Services | 9872427 | ProgramServices |
| Management And General | 3865971 | ManagementAndGeneral |
| Fundraising | 587779 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3952 | BOY |
| EOY | 2896 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3566857 | BOY |
| EOY | 3575928 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1551202 | BOY |
| EOY | 1371899 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187729 | BOY |
| EOY | 133113 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54542 | BOY |
| EOY | 54542 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22990 | BOY |
| EOY | 13610 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152498 | BOY |
| EOY | 143816 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 42091683 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15281271 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26917646 | BOY |
| EOY | 26810412 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19022553 | BOY |
| EOY | 21324329 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1114966 | BOY |
| EOY | 1125591 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52594935 | BOY |
| EOY | 54556136 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 525196 | BOY |
| EOY | 808138 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3744202 | BOY |
| EOY | 3692740 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 974373 | BOY |
| EOY | 1087342 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16567895 | BOY |
| EOY | 16023334 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2459744 | BOY |
| EOY | 1306541 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24271410 | BOY |
| EOY | 22918095 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21261327 | BOY |
| EOY | 23831216 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3725784 | BOY |
| EOY | 4094721 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3336414 | BOY |
| EOY | 3712104 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28323525 | BOY |
| EOY | 31638041 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52594935 | BOY |
| EOY | 54556136 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 118363 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2508326 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 687827 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
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 | 19022553 | BeginningOfYearBalance |
| Contributions | 505795 | Contributions |
| Investment Earnings Or Losses | 2922000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -93415 | GrantsOrScholarships |
| Other Expenditures | -972041 | OtherExpenditures |
| Administrative Expenses | -60563 | AdministrativeExpenses |
| End Of Year Balance | 21324329 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19838068 | BeginningOfYearBalance |
| Contributions | 918240 | Contributions |
| Investment Earnings Or Losses | 96730 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -87155 | GrantsOrScholarships |
| Other Expenditures | -1684979 | OtherExpenditures |
| Administrative Expenses | -58351 | AdministrativeExpenses |
| End Of Year Balance | 19022553 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17161499 | BeginningOfYearBalance |
| Contributions | 700000 | Contributions |
| Investment Earnings Or Losses | 3554449 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -82872 | GrantsOrScholarships |
| Other Expenditures | -1436589 | OtherExpenditures |
| Administrative Expenses | -58419 | AdministrativeExpenses |
| End Of Year Balance | 19838068 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10767121 | BeginningOfYearBalance |
| Contributions | 5585000 | Contributions |
| Investment Earnings Or Losses | 1418901 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -94765 | GrantsOrScholarships |
| Other Expenditures | -465755 | OtherExpenditures |
| Administrative Expenses | -49003 | AdministrativeExpenses |
| End Of Year Balance | 17161499 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.77000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.17000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 74330 | OtherCostOrOtherBasis |
| Book Value | 74330 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38392902 | OtherCostOrOtherBasis |
| Depreciation | 13026033 | Depreciation |
| Book Value | 25366869 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1829587 | OtherCostOrOtherBasis |
| Depreciation | 1389933 | Depreciation |
| Book Value | 439654 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1794864 | OtherCostOrOtherBasis |
| Depreciation | 865305 | Depreciation |
| Book Value | 929559 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 26810412 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST RATE SWAP | $1,199,553 |
| DEFERRED GIFT ANNUITY | $64,074 |
| LEASES PAYABLE | $42,914 |
| NOTE TO ENDOWMENT FUND |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1306541 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 15646997 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2508326 | NetUnrealizedGainsInvestments |
| Other Revenues | 1148394 | OtherRevenues |
| Revenue Not Rptd F990 | 3656720 | RevenueNotRptdF990 |
| Revenue Subtotal | 11990277 | RevenueSubtotal |
| Other Revenues Not Included | 2454263 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2454263 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14444540 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12332481 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 460567 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 460567 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11871914 | ExpensesSubtotal |
| Other Expenses Not Included | 2454263 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2454263 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 14326177 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | KENTS HILL SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(II). EFFECTIVE JULY 1, 2009, THE SCHOOL ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FIN 48, AS CODIFIED BY ASC 740, INCOME TAXES). THIS STATEMENT CLARIFIES THE CRITERIA THAT AN INDIVIDUAL TAX POSITION MUST SATISFY FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. ASC 740 PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. AS A RESULT, THERE WAS NO CUMULATIVE EFFECT RELATED TO ADOPTION AND NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS WERE ACCRUED. WHEN NECESSARY, THE SCHOOL ACCOUNTS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS PART OF ITS PROVISION FOR FEDERAL AND STATE INCOME TAXES. THE SCHOOL DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS ARISING FROM TAX POSITIONS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. THE SCHOOL IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR THE YEARS ENDING JUNE 30, 2010 THROUGH 2013. |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 2D | COST OF GOODS SOLD NETTED WITH REVENUES 217,173 RENTAL EXPENSES NETTED WITH REVENUES 243,394 CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 687,827 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 4B | STUDENT FINANCIAL AID 2,393,700 INVESTMENT FEES NETTED WITH INCOME 60,563 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | COST OF GOODS SOLD NETTED WITH REVENUES 217,173 RENTAL EXPENSES NETTED WITH REVENUES 243,394 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | STUDENT FINANCIAL AID 2,393,700 INVESTMENT EXPENSES 60,563 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION | Identifier |
| Return Reference | SCHEDULE E LINE 3 | ReturnReference |
| Explanation | THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS NEWSPAPER AND BROADCAST MEDIA ADS | Explanation |
Schedule F IRS990ScheduleF
Grants To Ind Outside US GrantsToIndOutsideUS (2 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| STUDENT FINANCIAL AID | EUROPE | 4 | 83500 | SCHOLARSHIP |
| STUDENT FINANCIAL AID | NORTH AMERICA (EXCLUDING UNITED STATES) | 15 | 469200 | SCHOLARSHIP |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 66372 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 23682 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 42690 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 10689 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 66372 | GrossReceiptsTotal |
| Charitable Contributions Total | 23682 | CharitableContributionsTotal |
| Gross Revenue Total Events | 42690 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 10689 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 10689 | DirectExpenseSummaryEvents |
| Net Income Summary | 32001 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 100 | NumberOfRecipients |
| Amount Of Cash Grant | 1841000 | AmountOfCashGrant |
| Description Of Non Cash Assistance | SCHOLARSHIPS | DescriptionOfNonCashAssistance |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEREMY LACASSE | NamePerson |
| Title | HEAD OF SCHOOL | Title |
| Base Compensation Filing Org | 143002 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 23718 | DeferredCompFilingOrg |
| Total Compensation Filing Org | 166720 | TotalCompensationFilingOrg |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THEODORE ALFOND | NamePerson |
| Purpose Of Loan | TO ASSIST IN CASH FLOW | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $1,112,969 | OriginalPrincipalAmount |
| Balance Due | 1087342 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | false | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1087342 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 80000 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 27657 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT IN ORDER TO: 1) PREPARE THEM FOR THE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION; 2) HELP THEM LEARN TO LOVE AND RESPECT THEMSELVES AND THEIR FELLOW STUDENTS, AND TO CARE FOR THOSE IN LESS FORTUNATE CIRCUMSTANCES; 3) TEACH THEM TO BE RESPONSIBLE STEWARDS OF OUR NATURAL HERITAGE; 4) REMIND THEM THAT ONE MAN OR WOMAN OF PRINCIPLE CAN ALWAYS MAKE A DIFFERENCE. |
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | STEVEN AKIN TED ALFOND TRUSTEE TRUSTEE AKIN IS TRUSTEE OF ALFOND FOUN |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED FIRST BY THE CHIEF FINANCIAL OFFICER AND CONTROLLER AND THEN IS FORWARDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THIS PROCESS WILL BE IMPLEMENTED AT THE NEXT BOARD OF TRUSTEES MEETING. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE SCHOOL'S HEADMASTER'S COMPENSATION WAS DETERMINED BY THE BOARD OF TRUSTEES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND THE SCHOOL WILL PROVIDE A COPY OF THE 990 UPON REQUEST. |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | COST OF GOODS SOLD NETTED WITH REVENUES 217,173 RENTAL EXPENSES NETTED WITH REVENUES 243,394 CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 687,827 STUDENT FINANCIAL AID -2,393,700 INVESTMENT FEES NETTED WITH INCOME -60,563 COST OF GOODS SOLD NETTED WITH REVENUES -217,173 RENTAL EXPENSES NETTED WITH REVENUES -243,394 STUDENT FINANCIAL AID 2,393,700 INVESTMENT EXPENSES 60,563 |