PRINCETON DAY SCHOOL INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PRINCETON DAY SCHOOL INC (EIN 21-0727645)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-12
- IRS object ID
- 201441329349300619
- 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 E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-12T08:56:55-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223271712 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERCADIEN PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7648 | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 085437648 | 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 | 210727645 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRINCETON DAY SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRIN | NameControl |
| Phone | 6099246700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 75 | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08542 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DULANY GIBSON | Name |
| Title | ASST HEAD OF SCHOOL FOR FIN | Title |
| Phone | 6099246700 | Phone |
| Date Signed | 2014-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHERISE D RITTER CPA | Name |
| PTIN | P00039222 | PTIN |
| Phone | 6096899700 | 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 | PAUL STELLATO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 75 | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08542 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 38380840 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PDS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1965 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | THE SCHOOL STRIVES TO EDUCATE THE MIND, BODY, AND CHARACTER OF EACH OF ITS STUDENTS. THE SCHOOL SEEKS TO ACCOMPLISH ITS MISSION THROUGH VARIOUS PROGRAMS INCLUDING, BUT NOT LIMITED TO, CLASSROOM INSTRUCTION, PHYSICAL EDUCATION, THE ARTS (BOTH VISUAL AND PERFORMING), AND COMMUNITY SERVICE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 442 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5139127 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1565472 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26312842 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 27046611 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1642695 | InvestmentIncomePriorYear |
| Investment Income Current Year | 475602 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 221167 | OtherRevenuePriorYear |
| Other Revenue Current Year | 226514 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 33315831 | TotalRevenuePriorYear |
| Total Revenue Current Year | 29314199 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5723288 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4402805 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18536886 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20769373 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 14073 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 3712 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 961754 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6781848 | OtherExpensePriorYear |
| Other Expenses Current Year | 6288292 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 31056095 | TotalExpensesPriorYear |
| Total Expenses Current Year | 31464182 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2259736 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2149983 | RevenuesLessExpensesCY |
| Total Assets BOY | 106399194 | TotalAssetsBOY |
| Total Assets EOY | 110609057 | TotalAssetsEOY |
| Total Liabilities BOY | 29583574 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 28727243 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 76815620 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 81881814 | NetAssetsOrFundBalancesEOY |
| Mission Description | PRINCETON DAY SCHOOL NURTURES THE MIND, THE BODY, AND THE CHARACTER OF EACH STUDENT. IN ACADEMICS, ATHLETICS, THE ARTS AND SERVICE, WE CELEBRATE THE PURSUIT OF INDIVIDUAL EXCELLENCE AND THE SPIRIT OF COLLABORATION THAT BINDS US TOGETHER AS A COMMUNITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 25631397 | Expense |
| Grants | 4402805 | Grants |
| Revenue | 27155812 | Revenue |
| Description | INSTRUCTIONAL COEDUCATIONAL SCHOOL IN GRADES PRE-K THROUGH 12. EXPENSES COVER ALL AREAS OF ACADEMIC INSTRUCTION NECESSARY FOR THE SCHOOL TO EDUCATE ITS STUDENTS AND ACCOMPLISH ITS MISSION. | Description |
| Total Program Service Expense | 25631397 | 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 | 1 | 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 | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | 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 | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | 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 | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 71 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 442 | 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 | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | 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 | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRYSTA WOLL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6099246700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 75 | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08542 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| BARBARA GRIFFIN COLE | |||||||
| CHAIR | 5.00 | X | X | 0 | 0 | 0 | |
| THOMAS B HARVEY | |||||||
| VICE CHAIR | 2.30 | X | X | 0 | 0 | 0 | |
| ANDREW OKUN | |||||||
| TREASURER | 2.30 | X | X | 0 | 0 | 0 | |
| DAVID R SCOTT | |||||||
| SECRETARY | 2.30 | X | X | 0 | 0 | 0 | |
| LAURA BANKS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DEEPINDER BHATIA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARC C BRAHANEY | |||||||
| TRUSTEE | 2.30 | X | 0 | 0 | 0 | ||
| PETER M FASOLO | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BENJAMIN M FROST | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EDDIE S GLAUDE JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BARBARA STRAUT GOLDSMITH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ELEANOR V HORNE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHRISTOPHER B KUENNE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GWYNETH M LANGELER | |||||||
| TRUSTEE | 2.30 | X | 0 | 0 | 0 | ||
| TOBIN LEVY | |||||||
| TRUSTEE | 2.30 | X | 0 | 0 | 0 | ||
| LYNN LIEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LISA R STOCKMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARK A TATUM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN D WALLACE | |||||||
| TRUSTEE | 2.30 | X | 0 | 0 | 0 | ||
| JOHN C WELLEMEYER | |||||||
| TRUSTEE | 2.30 | X | 0 | 0 | 0 | ||
| PAUL J STELLATO | |||||||
| HEAD OF SCHOOL | 70.00 | X | 271754 | 0 | 219845 | ||
| DULANY H GIBSON | |||||||
| ASST HEAD OF SCHOOL FOR FI | 60.00 | X | 179479 | 0 | 64786 | ||
| STEVEN E HANCOCK | |||||||
| ASST HEAD OF SCHOOL FOR AC | 60.00 | 152559 | 0 | 103842 | X | ||
| CARLTON H TUCKER | |||||||
| HEAD OF UPPER SCHOOL | 60.00 | 150127 | 0 | 73686 | X | ||
| LISA S SURACE | |||||||
| HEAD OF LOWER SCHOOL | 60.00 | 152520 | 0 | 35199 | X | ||
| KATHY SCHULTE | |||||||
| DIRECTOR OF ADVANCEMENT | 60.00 | 119578 | 0 | 59622 | X | ||
| KELLY A DUN | |||||||
| DIR. OF ADMISSIONS & ENROLLMENT MGMT | 60.00 | 117403 | 0 | 67758 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1143420 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 624738 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BURTON F CLARK INC | |||||
| 41155 STATE HIGHWAY 10 | DELHI | NY | 13753 | CONSTRUCTION | 861460 |
| FLIK INDEPENDENT SCHOOLS | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | DINING SERVICES | 613364 |
| DIVISION 8 CONCEPTS INC | |||||
| 510 S SHORE ROAD | MARMORA | NJ | 08223 | CONSTRUCTION | 408621 |
| JEM CUSTOM REMODELING INC | |||||
| 2711 PRINCETON PIKE | LAWRENCEVILLE | NJ | 08648 | CONSTRUCTION | 202498 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Fundraising Events | 3575 | FundraisingEvents |
| All Other Contributions | 1561897 | AllOtherContributions |
| Noncash Contributions | 78554 | NoncashContributions |
| Total Contributions | 1565472 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 25953802 | 25953802 |
| SUMMER PROGRAMS | 611600 | 882296 | 882296 |
| AUXILIARY PROGRAMS | 611600 | 210513 | 210513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 27046611 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1055713 | TotalRevenueColumn |
| Exclusion | $1,055,713 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 594767 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 575302 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 19465 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19465 | TotalRevenueColumn |
| Exclusion | $19,465 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7542195 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8122306 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -580111 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -580111 | TotalRevenueColumn |
| Exclusion | -$580,111 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 152181 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 3575 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 83799 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 68382 | TotalRevenueColumn |
| Exclusion | $68,382 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 314700 | GrossSalesOfInventory |
| Cost Of Goods Sold | 285234 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29466 | TotalRevenueColumn |
| Exclusion | $29,466 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 109201 | TotalRevenueColumn |
| Related Or Exempt Function Income | 109201 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 109201 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29314199 | TotalRevenueColumn |
| Related Or Exempt Function Income | 27155812 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $592,915 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4402805 | Total |
| Program Services | 4402805 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 607425 | Total |
| Management And General | 607425 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14541849 | Total |
| Program Services | 11846853 | ProgramServices |
| Management And General | 2211203 | ManagementAndGeneral |
| Fundraising | 483793 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1006920 | Total |
| Program Services | 846089 | ProgramServices |
| Management And General | 124098 | ManagementAndGeneral |
| Fundraising | 36733 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3533275 | Total |
| Program Services | 3168749 | ProgramServices |
| Management And General | 291373 | ManagementAndGeneral |
| Fundraising | 73153 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1079904 | Total |
| Program Services | 869178 | ProgramServices |
| Management And General | 176429 | ManagementAndGeneral |
| Fundraising | 34297 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131496 | Total |
| Management And General | 131496 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30000 | Total |
| Management And General | 30000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3712 | Total |
| Fundraising | 3712 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67693 | Total |
| Management And General | 67693 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96095 | Total |
| Management And General | 96095 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1304916 | Total |
| Program Services | 1047067 | ProgramServices |
| Management And General | 170519 | ManagementAndGeneral |
| Fundraising | 87330 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 618211 | Total |
| Program Services | 526729 | ProgramServices |
| Management And General | 74626 | ManagementAndGeneral |
| Fundraising | 16856 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 516404 | Total |
| Program Services | 413123 | ProgramServices |
| Management And General | 77461 | ManagementAndGeneral |
| Fundraising | 25820 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201970 | Total |
| Program Services | 116111 | ProgramServices |
| Management And General | 78114 | ManagementAndGeneral |
| Fundraising | 7745 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157141 | Total |
| Program Services | 51923 | ProgramServices |
| Management And General | 10648 | ManagementAndGeneral |
| Fundraising | 94570 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 674502 | Total |
| Program Services | 674502 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1423349 | Total |
| Program Services | 1140632 | ProgramServices |
| Management And General | 212038 | ManagementAndGeneral |
| Fundraising | 70679 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188520 | Total |
| Management And General | 188520 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| REPAIRS & MAINTENANCE | 301011 | 224765 | 57538 | 18708 |
| AUXILIARY SUPPLIES | 128023 | 128023 | ||
| PROFESSIONAL DEVELOPMEN | 97285 | 97285 | ||
| MEMBERSHIP DUES & SUBSC | 65382 | 57024 | 8358 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286294 | Total |
| Program Services | 77563 | ProgramServices |
| Management And General | 208731 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31464182 | Total |
| Program Services | 25631397 | ProgramServices |
| Management And General | 4871031 | ManagementAndGeneral |
| Fundraising | 961754 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | X | InfoInScheduleOPartX |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12063973 | BOY |
| EOY | 8162399 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4052533 | BOY |
| EOY | 1045888 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 228530 | BOY |
| EOY | 231574 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53154 | BOY |
| EOY | 52846 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156283 | BOY |
| EOY | 144451 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 769736 | BOY |
| EOY | 517913 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 59825163 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 17666653 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39438603 | BOY |
| EOY | 42158510 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20740208 | BOY |
| EOY | 26448433 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28701667 | BOY |
| EOY | 30154847 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194507 | BOY |
| EOY | 1692196 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106399194 | BOY |
| EOY | 110609057 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2452625 | BOY |
| EOY | 2346597 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7097605 | BOY |
| EOY | 8390059 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15000000 | BOY |
| EOY | 15000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5033344 | BOY |
| EOY | 2990587 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29583574 | BOY |
| EOY | 28727243 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37974012 | BOY |
| EOY | 43475876 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19108796 | BOY |
| EOY | 18607480 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19732812 | BOY |
| EOY | 19798458 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76815620 | BOY |
| EOY | 81881814 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106399194 | BOY |
| EOY | 110609057 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2149983 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 6883776 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | 1285331 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | -952930 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 Separate | X | FinancialStatementSeparate |
| 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) |
|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Of Open Space | X | PreservationOfOpenSpace |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 7.50 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 50.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 0 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 0 | Sect170hRequirementsSatisfied |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 41087576 | BeginningOfYearBalance |
| Contributions | 65646 | Contributions |
| Investment Earnings Or Losses | 4731258 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 598103 | GrantsOrScholarships |
| Other Expenditures | 207577 | OtherExpenditures |
| End Of Year Balance | 45078800 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43037695 | BeginningOfYearBalance |
| Contributions | 643012 | Contributions |
| Investment Earnings Or Losses | -1638953 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 589846 | GrantsOrScholarships |
| Other Expenditures | 364332 | OtherExpenditures |
| End Of Year Balance | 41087576 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35807589 | BeginningOfYearBalance |
| Contributions | 1538908 | Contributions |
| Investment Earnings Or Losses | 6794922 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 941666 | GrantsOrScholarships |
| Other Expenditures | 162058 | OtherExpenditures |
| End Of Year Balance | 43037695 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 29942206 | BeginningOfYearBalance |
| Contributions | 5014341 | Contributions |
| Investment Earnings Or Losses | 2813259 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 501200 | GrantsOrScholarships |
| Other Expenditures | 1298902 | OtherExpenditures |
| Administrative Expenses | 162115 | AdministrativeExpenses |
| End Of Year Balance | 35807589 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 36895312 | BeginningOfYearBalance |
| Contributions | 1426360 | Contributions |
| Investment Earnings Or Losses | -6927869 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 456200 | GrantsOrScholarships |
| Other Expenditures | 805153 | OtherExpenditures |
| Administrative Expenses | 190244 | AdministrativeExpenses |
| End Of Year Balance | 29942206 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.35000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.43000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.22000 | 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 | 2615094 | OtherCostOrOtherBasis |
| Book Value | 2615094 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49923878 | OtherCostOrOtherBasis |
| Depreciation | 13466505 | Depreciation |
| Book Value | 36457373 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5462642 | OtherCostOrOtherBasis |
| Depreciation | 4200148 | Depreciation |
| Book Value | 1262494 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1823549 | OtherCostOrOtherBasis |
| Book Value | 1823549 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 42158510 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ALTERNATIVE INVESTMENTS | Description |
| Book Value | 30154847 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30154847 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SWAP AGREEMENT | Description |
| Amount | $2,990,587 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2990587 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 25771930 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 860536 | OtherRevenues |
| Revenue Not Rptd F990 | 860536 | RevenueNotRptdF990 |
| Revenue Subtotal | 24911394 | RevenueSubtotal |
| Other Revenues Not Included | 4402805 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4402805 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 29314199 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 27921913 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 860536 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 860536 | ExpensesNotRptdF990 |
| Expenses Subtotal | 27061377 | ExpensesSubtotal |
| Other Expenses Not Included | 4402805 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4402805 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 31464182 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: | PART II, LINE 9: | THE SCHOOLS CONSERVATION EASEMENT REPRESENTS 7.5 ACRES OF LAND PURCHASED IN JUNE 2001. AT THE TIME OF PURCHASE, THE SCHOOL AGREED TO KEEP THE LAND AS OPEN SPACE, WITH NO PERMANENT BUILDING OR STRUCTURE ALLOWED TO BE ATTACHED TO THE PROPERTY. THE LAND IS INCLUDED IN THE PROPERTY, PLANT, AND EQUIPMENT SECTION OF THE AUDITED FINANCIAL STATEMENTS. LAND IS A NON-DEPRECIABLE ASSET, THEREFORE, THERE ARE NO EFFECTS ON THE REVENUE AND EXPENSE STATEMENT. MONITORING OF EASEMENT COMPLIANCE IS DONE BY THE DIRECTOR OF FACILITIES AND MEMBERS OF FACILITIES STAFF MONTHLY. |
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE SCHOOLS ENDOWMENT FUNDS ARE DESIGNATED TO SUPPORT THE OPERATING BUDGET, RESTRICTED FOR SUPPORT OF FINANCIAL AID, FACULTY SALARIES, FACULTY DEVELOPMENT AND PROGRAM SUPPORT. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. INCOME GENERATED BY ACTIVITIES THAT WOULD BE CONSIDERED UNRELATED TO THE SCHOOL'S MISSION WOULD BE SUBJECT TO TAX, WHICH, IF INCURRED, WOULD BE RECOGNIZED AS A CURRENT EXPENSE. NO SUCH TAX HAS BEEN RECOGNIZED AS OF JUNE 30, 2013. THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT AS TO WHETHER THE UNCERTAINTY WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD. THE SCHOOL'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO JUNE 30, 2010. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 575,302. BOOKSTORE COST OF GOODS SOLD 285,234. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID-NEED BASED PORTION 4,402,805. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 575,302. BOOKSTORE COST OF GOODS SOLD 285,234. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID - NEED BASED PORTION 4,402,805. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS PUBLICATIONS, WEBSITE, ADVERTISING, AND LOCAL EDUCATIONAL SERVICES PUBLICATIONS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVES FUNDS FROM THE NO CHILD LEFT BEHIND ACT IN SUPPORT OF PROFESSIONAL DEVELOPMENT FOR FACULTY FOR ENHANCEMENT OF TEACHING METHODS FOR READING LITERACY AND MATHEMATICS. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICES | STUDENTS VISIT FRANCE | 43104 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 6388448 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 6431552 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 6431552 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 1 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 155756 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 3575 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 152181 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 20000 | NonCashPrizesEvent1 |
| Food And Beverage Event1 | 16229 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 3300 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 44270 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 155756 | GrossReceiptsTotal |
| Charitable Contributions Total | 3575 | CharitableContributionsTotal |
| Gross Revenue Total Events | 152181 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 20000 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 16229 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 3300 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 44270 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 83799 | DirectExpenseSummaryEvents |
| Net Income Summary | 68382 | NetIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NJ | StatesWhereGamingConducted |
| Licensed | 0 | Licensed |
| License Suspended Etc | 0 | LicenseSuspendedEtc |
| Gaming With Nonmembers | 0 | GamingWithNonmembers |
| Member Of Other Entity | 0 | MemberOfOtherEntity |
| Contract With3rd Party For Gam Rev | 0 | ContractWith3rdPartyForGamRev |
| Charitable Distrib Required | 0 | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | NEED BASED SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 219 | NumberOfRecipients |
| Amount Of Cash Grant | 4402805 | AmountOfCashGrant |
| Method Of Valuation | BOOK | MethodOfValuation |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: NEED BASED SCHOLARSHIPS ARE CREDITED TO INDIVIDUAL STUDENT ACCOUNTS, REDUCING THE AMOUNT DUE. RECIPIENTS ARE REQUIRED TO FILE A FINANCIAL STATEMENT WITH AN INDEPENDENT AGENCY WHO EVALUATES THE STATEMENT AND MAKES A RECOMMENDATION TO THE SCHOOL OF THE AMOUNT OF SCHOLARSHIP THE APPLICANT SHOULD RECIEVE. THE SCHOOL CONSIDERS THE RECOMMENDATION TOGETHER WITH THE TOTAL FUNDS AVAILABLE FOR SCHOLARSHIPS AMD MAKES AWARDS ACCORDINGLY BASED UPON THE NEED OF THE STUDENT AND THE AVAILABILITY OF FUNDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 (7 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL J STELLATO | ||||||||||||||
| HEAD OF SCHOOL | 271754 | 0 | 0 | 0 | 0 | 0 | 129771 | 0 | 108596 | 0 | 510121 | 0 | 0 | 0 |
| DULANY H GIBSON | ||||||||||||||
| ASST HEAD OF SCHOOL FOR FI | 179479 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74503 | 0 | 253982 | 0 | 0 | 0 |
| STEVEN E HANCOCK | ||||||||||||||
| ASST HEAD OF SCHOOL FOR AC | 152559 | 0 | 0 | 0 | 0 | 0 | 11906 | 0 | 101188 | 0 | 265653 | 0 | 0 | 0 |
| CARLTON H TUCKER | ||||||||||||||
| HEAD OF UPPER SCHOOL | 150127 | 0 | 0 | 0 | 0 | 0 | 14096 | 0 | 70904 | 0 | 235127 | 0 | 0 | 0 |
| LISA S SURACE | ||||||||||||||
| HEAD OF LOWER SCHOOL | 152520 | 0 | 0 | 0 | 0 | 0 | 11419 | 0 | 32994 | 0 | 196933 | 0 | 0 | 0 |
| KATHY SCHULTE | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | 119578 | 0 | 0 | 0 | 0 | 0 | 9195 | 0 | 61583 | 0 | 190356 | 0 | 0 | 0 |
| KELLY A DUN | ||||||||||||||
| DIR. OF ADMISSIONS & ENROLLMENT MGMT | 117403 | 0 | 0 | 0 | 0 | 0 | 11986 | 0 | 65382 | 0 | 194771 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | ITEMS NOTED IN 1A ARE PROVIDED TO THE HEAD OF SCHOOL. HOUSING IS PROVIDED TO THE HEAD OF SCHOOL, ASST HEAD OF SCHOOL FOR FINANCE AND OPERATIONS, AND ASST HEAD OF SCHOOL FOR ACADEMIC LEADERSHIP, AS THE BOARD OF TRUSTEES FEELS THE RESPONSIBILITIES OF THE POSITIONS REQUIRE A CONTINUOUS PRESENCE ON CAMPUS. SOCIAL CLUB DUES ARE PROVIDED TO THE HEAD OF SCHOOL FOR CLUB USE FOR BUSINESS MEETINGS AND DONOR MEETINGS. HOUSE CLEANING IS PROVIDED FOR THE HEAD OF SCHOOL AND ASST HEAD OF SCHOOL FOR FINANCE AND OPERATIONS HOUSES AS PART OF A CONTINUOUS MAINTENANCE PROGRAM FOR THE HOUSES. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRINCETON DAY SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 210727645 | IssuerEIN |
| CUSIP Number | 000064577 | CUSIPNumber |
| Date Issued | 2005-08-01 | DateIssued |
| Issue Price | 15000000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 15000000 | TotalProceeds |
| Refunding Escrow | 2639000 | RefundingEscrow |
| Issuance Costs From Proceeds | 292835 | IssuanceCostsFromProceeds |
| Capital Expenditures | 12068165 | CapitalExpenditures |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 1 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF NEW YORK | BusinessNameLine1 |
| Business Name Line2 | MELLON | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedge |
| Superintegrated Hedge | 1 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 1 | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRANSAMERICA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 1.700000000000 | TermOfGIC |
| Regulatory Safe Harbor Satisfied | 1 | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance | Purpose Of AssistancePurposeOfAssistance |
|---|---|---|---|---|
| VARIOUS | TRUSTEES | 30000 | SCHOLARSHIP | NEED-BASED |
| VARIOUS | EMPLOYEES | 41030 | REMISSION | EMPLOYEE BENEFITS |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MARJORIE GIBSON | |||
| DAUGHTER, J WALLACE, TRUSTEE | 36193 | EMPLOYMENT | 0 |
| SARAH THOMPSON | |||
| SISTER, B COLE, TRUSTEE | 27707 | EMPLOYMENT | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 32 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 78554 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| 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 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF TRUSTEES IS PROVIDED A FINAL COPY OF THE FORM 990 AND ALL REQUIRED SCHEDULES THAT ARE AVAILABLE TO THE PUBLIC PRIOR TO ITS FILING. THIS COPY IS MADE AVAILABLE VIA EMAIL TO THE INDIVIDUAL BOARD MEMBERS. THE FORM 990 AND ALL REQUIRED SCHEDULES THAT ARE AVAILABLE TO THE PUBLIC ARE REVIEWED AND APPROVED AT A MEETING OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BEING MADE AVAILABLE TO THE ENTIRE BOARD. ANY QUESTIONS REGARDING THE CONTENTS OF THE RETURN ARE ADDRESSED AT THAT MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. BOARD MEMBERS ARE ALSO REQUIRED TO REVIEW AND SIGN A COMPLIANCE QUESTIONNAIRE IN REGARDS TO THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE EXPECTED TO KEEP THE BOARD CHAIR INFORMED OF ANY POTENTIAL CONFLICTS OF INTEREST REGARDING THE BUSINESS AFFAIRS OF THE SCHOOL. WHETHER A CONFLICT OF INTEREST EXISTS SHALL BE DETERMINED BY THE BOARD CHAIR IN CONSULT WITH THE CHAIR OF THE COMMITTEE ON TRUSTEES. IF A CONFLICT DOES EXIST, THAT BOARD MEMBER MUST DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SAID BOARD MEMBER MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. THE BOARD MEMBER WILL THEN LEAVE THE BOARD MEETING DURING THE DISCUSSION OF THE MATTER RESULTING IN THE CONFLICT. PERSONS COVERED BY THE CONFLICT OF INTEREST POLICY INCLUDE BOARD MEMBERS THEMSELVES AND THEIR FAMILY MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPARABLE SALARY INFORMATION IS GATHERED FROM NATIONAL AND REGIONAL ASSOCIATIONS AND IS USED IN DETERMINING THE SALARIES FOR THE HEAD OF SCHOOL AND ASSISTANT HEAD OF SCHOOL FOR FINANCE AND OPERATIONS. THIS REVIEW IS DONE ON AN ANNUAL BASIS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL BASED ON DATA FROM OTHER COMPARABLE INSTITUTIONS AND ON EVALUATION OF THE HEADS PERFORMANCE. AN OUTSIDE CONSULTANT PROVIDES THE COMMITTEE A STUDY OF COMPARABLE INDEPENDENT SCHOOLS HEAD OF SCHOOL COMPENSATION. THE HEAD OF SCHOOLS PERFORMANCE IS EVALUATED ANNUALLY THROUGH A PROCESS MANAGED BY THE BOARD CHAIR WITH INPUT FROM ALL MEMBERS OF THE BOARD. SALARY FOR THE ASSISTANT HEAD OF SCHOOL FOR FINANCE AND OPERATIONS IS DETERMINED ON AN ANNUAL BASIS AS A PART OF A FORMAL PERFORMANCE APPRAISAL. COMPARABLE SALARY INFORMATION IS GATHERED FOR THE HEAD OF SCHOOL WHO PERFORMS THE ANNUAL PERFORMANCE APPRAISAL AND DETERMINES AN APPROPRIATE SALARY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. AS SUCH DOCUMENTS ARE NOT REQUIRED TO BE MADE PUBLICLY AVAILABLE, EACH REQUEST IS REVIEWED AND EITHER APPROVED OR DENIED ON AN INDIVIDUAL BASIS. THE SCHOOL ALSO SUBMITS THE FINAL FORM 990 AND ALL REQUIRED SCHEDULES THAT ARE AVAILABLE TO THE PUBLIC TO GUIDESTAR.ORG. | |
| FORM 990, PART VI, SECTION B, LINE 14 | ALTHOUGH THE SCHOOL DOES NOT HAVE A FORMAL, WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY, THE SCHOOL USES FEDERAL AND STATE GUIDELINES IN REGARDS TO MAINTAINING ALL BUSINESS DOCUMENTATION. | |
| FORM 990, PART X, COLUMN A | THE ORGANIZATION'S OPENING BALANCE SHEET WAS RESTATED TO REFLECT A CHANGE IN CLASSIFICATIONS BETWEEN CASH AND INVESTMENTS. THE NET ASSETS DID NOT CHANGE. | |
| FORM 990, PART XI, LINE 9: | DURING THE YEAR-ENDED JUNE 30, 2013 THE SCHOOL WROTE-OFF TWO UNCONDITIONAL PROMISES TO GIVE FROM A SINGLE DONOR THAT WERE DEEMED UNCOLLECTIBLE. DEFAULTED PLEDGES WRITE OFF -952,930. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE INDEPENDENT PUBLIC ACCOUNTING FIRM THAT PERFORMS AN AUDIT OF THE ANNUAL FINANCIAL STATEMENTS, AND THAT OVERSEES THE ANNUAL AUDIT PROCESS. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. |