2013-03-04T16:17:00-06:00 2012-06-30 942222122 MATSON AND ISOM 3013 CERES AVENUE CHICO CA 95973 990 2011-07-01 956137481 DEEP SPRINGS CORPORATION DEEP 7608722000 HC 72 BOX 45001 DYER NV 890109712 DAVID NEIDORF 7608722000 2013-02-12 1 BRYCE GIBBS P00273083 5308916474 2011 2016-02-25 16:41:14Z DAVID NEIDORF HC 72 BOX 45001 DYER NV 890109712 2299877 0 X WWW.DEEPSPRINGS.EDU X 1917 CA TO PROVIDE YOUNG MEN WITH A LIBERAL ARTS EDUCATION THROUGH ACADEMICS, LABOR, AND SELF-GOVERNANCE 12 12 20 0 0 0 2282968 1835712 101658 0 364616 326526 0 132398 2749242 2294636 0 0 0 0 824665 866745 0 0 75161 1766243 1465248 2590908 2331993 158334 -37357 25547561 25599730 112073 158311 25435488 25441419 TO PROVIDE LEADERSHIP AND ENLIGHTENED SERVICE BY BRINGING STUDENTS INTO INTENSE CONTACT WITH NATURE, WORK, AND IDEAS 0 0 1463098 144890 DEEP SPRINGS COLLEGE IS LOCATED ON A CATTLE RANCH AND ALFALFA FARM IN CALIFORNIA. THE COLLEGE INTEGRATES ACADEMICS, LABOR, AND SELF-GOVERNANCE. IT ENABLES ITS TWENTY-SIX MALE STUDENTS TO EXPERIENCE AND TAKE YEAR-ROUND RESPONSIBILITY FOR A LARGELY SELF-SUSTAINING COMMUNITY, RANCH, AND FARM WHILE REQUIRING THEM TO ENGAGE IN A TWO-YEAR LIBERAL ARTS HONORS PROGRAM. THE COLLEGE SERVES TO EDUCATE AND PREPARE ITS STUDENTS FOR TRANSITION TO FOUR-YEAR INSTITUTIONS FOR ACADEMIC DEGREE COMPLETION. 1463098 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 17 0 20 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X GREGORY PIPER & GRAHAM 7609346065 100 COLLEGE PARKWAY MAMMOTH LAKE CA 93546 DAVE HITZ 1.00 X X 0 0 0 FRANK WU 1.00 X X 0 0 0 MICHAEL KEARNEY 1.00 X X 0 0 0 JAMES BARTOLOME 1.00 X 0 0 0 ERIC MUEGGLER 1.00 X 0 0 0 KINCH HOEKSTRA 1.00 X 0 0 0 SALLY CARLSON 1.00 X 0 0 0 THOMAS HUDNUT 1.00 X 0 0 0 DANIEL LEIBOVITZ 1.00 X 0 0 0 F ROSS PETERSON 1.00 X 0 0 0 ALAN KAUFMAN 1.00 X 0 0 0 SAARTHAK GUPTA 1.00 X 0 0 0 DAVID NEIDORF 40.00 X 104642 0 0 104642 0 0 1 0 0 0 0 1835712 53964 1835712 314034 314034 17733 5241 12492 12492 12492 132398 0 132398 132398 2294636 0 0 458924 108472 27118 81354 696008 538935 157073 62265 43811 18454 281073 281073 47179 47179 86256 19084 67172 110433 77070 33363 113215 106963 6252 316928 316928 101364 101364 FARM SUPPLIES/FUEL/MAIN 184724 184724 FOOD 85316 85316 CAMPAIGN EXPENSE 75161 75161 LOSS FROM SUBSIDIARY 63149 63149 450 450 2331993 1463098 793734 75161 102452 493982 134840 125830 51088 31050 31870 19483 104839 64763 10271413 4149221 6098001 6122192 17109881 16893471 1914590 1848959 25547561 25599730 84049 150374 28024 7937 112073 158311 X 14877790 15309254 4859341 4416203 5698357 5715962 25435488 25441419 25547561 25599730 X -37357 43288 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13413282 890611 357193 1669896 47180 12944010 12265424 295393 2832090 1962009 17616 13413282 11604406 636635 1339891 1250753 64755 12265424 15136383 551640 -2578559 1505058 11604406 0.24460 0.42610 0.32920 0 0 629773 629773 5590325 1731618 3858707 1707906 1371592 336314 2343409 1046011 1297398 6122192 INVESTMENT IN SUBSIDIARY 1638160 C CHARITABLE REMAINDER UNITRUSTS 210799 C 1848959 PAYABLE UNDER TRUST AGREEMENT 7937 7937 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ALL STUDENTS ATTENDING DEEP SPRINGS COLLEGE RECEIVE A FULL SCHOLARSHIP VALUED AT OVER $50,000 FROM THE COLLEGE. THE SCHOLARSHIPS ARE FUNDED THROUGH THE ENDOWMENT FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HOW AN UNCERTAIN TAX POSITION IS RECOGNIZED IN FINANCIAL STATEMENTS. THE COLLEGE ANALYZES TAX POSITIONS TAKEN IN PREVIOUSLY FILED RETURNS AND TAX POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. BASED ON THIS ANALYSIS, A LIABILITY IS RECORDED IF UNCERTAIN TAX BENEFITS HAVE BEEN RECEIVED. THE COLLEGE'S PRACTICE IS TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS IN THE TAX EXPENSE. THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED OR RELATED INTEREST AND PENALTIES RECORDED AS OF JUNE 30, 2012, AND THE COLLEGE DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS DOCUMENTED IN THE APPLICATION PACKET RECEIVED BY ALL STUDENTS INTERESTED IN ATTENDING THE COLLEGE. X 419 FAIR MARKET VALUE X 5 52667 FAIR MARKET VALUE X 1 96 FAIR MARKET VALUE X FLIGHT HOURS 1 125 FAIR MARKET VALUE X SCHOOL SUPPLIES 2 658 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE TAX RETURN IS SUBMITTED TO THE COLLEGE PRESIDENT. THE COLLEGE PRESIDENT REVIEWS THE RETURN AND THEN FORWARDS IT TO THE BOARD MEMBERS. ONCE THE BOARD APPROVES THE DRAFT, IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE COLLEGE MONITORS THIS BY HAVING THE BOARD MEMBERS REVIEW AND SIGN THE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MEMBERS APPROVE THE PRESIDENT'S SALARY DURING THEIR ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 25,683. CHANGE IN VALUE OF CHARITABLE REMAINDER UNITRUSTS 17,605. TOTAL TO FORM 990, PART XI, LINE 5: 43,288. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. DEEP SPRINGS FREE EDUCATIONAL TRUST HC72 BOX 45001 DYER NV 89010 870238728 TO PROVIDE DEEP SPRINGS CORPORATION WITH FACILITIES AND EQUIPMENT CA 501(C)(3) LINE 2 N/A 1 LL NUNN LLC HC 72 BOX 45001 DYER NV 89010 770493230 LANDLORD/TENANT CA DEEP SPRINGS CORPORATION RELATED -63812 1634963 0 1 0.57610 CHARITABLE REMAINDER TRUST CHARITABLE TRUST IN N/A T CHARITABLE REMAINDER TRUST CHARITABLE TRUST OR N/A T 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0