FRIENDS ACADEMY INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDS ACADEMY INC (EIN 04-2104242)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-01
- IRS object ID
- 201310329349300721
- Schema version
- 2011v1.2
- 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 G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-01T09:55:54-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050353162 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PICCERELLI GILSTEIN & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 144 WESTMINSTER STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 029032282 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104242 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS ACADEMY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FRIE | NameControl |
| Phone | 5089991356 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1088 TUCKER ROAD | AddressLine1 |
| City | NORTH DARTMOUTH | City |
| State | MA | State |
| ZIP Code | 027473122 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MR FREDERIC MOCK | Name |
| Title | PRESIDENT OF THE BOARD | Title |
| Phone | 5089991356 | Phone |
| Date Signed | 2013-01-28 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM J PICCERELLI | Name |
| PTIN | P00008456 | PTIN |
| Phone | 4018310200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MR FREDERIC MOCK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1088 TUCKER ROAD | AddressLine1 |
| City | DARTMOUTH | City |
| State | MA | State |
| ZIP Code | 02747 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7326222 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.FRIENDSACADEMY1810.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1810 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | FRIENDS ACADEMY IS A CO-EDUCATIONAL, INDEPENDENT DAY SCHOOL SERVING STUDENTS IN PRESCHOOL THROUGH GRADE EIGHT. THE MISSION OF FRIENDS ACADEMY IS TO PROVIDE EACH STUDENT WITH AN EDUCATIONAL FOUNDATION THAT WILL INSTILL THE ACADEMIC KNOWLEDGE AND SKILLS, RESPONSIBLE CITIZENSHIP, RESPECT FOR DIVERSITY AND DIFFERENCES, AND A SENSE OF WELL BEING NEEDED FOR A LIFETIME OF LEARNING AND PERSONAL GROWTH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 94 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1330545 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1069350 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5877196 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 6062255 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 36179 | InvestmentIncomePriorYear |
| Investment Income Current Year | 39162 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 81005 | OtherRevenuePriorYear |
| Other Revenue Current Year | 92387 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7324925 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7263154 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1217403 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1445805 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3689488 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3791384 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 214674 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1666812 | OtherExpensePriorYear |
| Other Expenses Current Year | 1633317 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6573703 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6870506 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 751222 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 392648 | RevenuesLessExpensesCY |
| Total Assets BOY | 8881308 | TotalAssetsBOY |
| Total Assets EOY | 10314605 | TotalAssetsEOY |
| Total Liabilities BOY | 768518 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1833028 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8112790 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8481577 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF FRIENDS ACADEMY IS TO PROVIDE EACH STUDENT WITH AN EDUCATIONAL FOUNDATION THAT WILL INSTILL THE ACADEMIC KNOWLEDGE AND SKILLS, RESPONSIBLE CITIZENSHIP, RESPECT FOR DIVERSITY AND DIFFERENCES, AND A SENSE OF WELL BEING NEEDED FOR A LIFETIME OF LEARNING AND PERSONAL GROWTH. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5368325 | Expense |
| Grants | 1445805 | Grants |
| Revenue | 6127737 | Revenue |
| Description | PROVIDE EDUCATION TO TWO HUNDRED SEVENTY FIVE STUDENTS ATTENDING PRESCHOOL THROUGH EIGHTH GRADE. | Description |
| Total Program Service Expense | 5368325 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 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 | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 21 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 94 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | 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 | KATHERINE FURTADO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5089991356 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1088 TUCKER ROAD | AddressLine1 |
| City | NO DARTMOUTH | City |
| State | MA | State |
| ZIP Code | 027473122 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer |
|---|---|---|---|---|---|---|---|
| CAROL PRAY | |||||||
| PRESIDENT | 1.10 | X | X | 0 | 0 | 0 | |
| DAVID KAISER | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| GEORGE CHARETTE | |||||||
| HONORARY TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| GERTRUDE BURR | |||||||
| HONORARY TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| JACK GIERHART | |||||||
| TREASURER | 1.10 | X | X | 0 | 0 | 0 | |
| JOY HORSTMANN | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| ANNA BULLARD | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| WILLIAM BURKE | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| JOHN LATAWIEC | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| CYNTHIA MAXIM | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| NATHANIEL P STITES | |||||||
| SECRETARY | 1.10 | X | X | 0 | 0 | 0 | |
| YVONNE DRAYTON | |||||||
| HONORARY TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| CALVIN SIEGAL | |||||||
| HONORARY TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| ANN BOXLER | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| JOANELLA CANNELL | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| SANDRA HEWITT | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| FREDERIC MOCK | |||||||
| VICE PRESIDENT | 1.10 | X | X | 0 | 0 | 0 | |
| GEORGE FEARONS | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| DOREEN PATYS | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| DR MI HAISMAN | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| RALPH TAVERES JR | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| CHRISTINE WARING | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| STEPHEN BARKER | |||||||
| HEADMASTER 7/1/11-06/30/12 | 40.00 | X | 105505 | 0 | 35025 | ||
| ANDREW M RODIN | |||||||
| HEADMASTER 01/1/11-06/30/11, FORMER OFFICIO MEMBER | 45.00 | 135585 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 241090 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 35025 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 1069350 | AllOtherContributions |
| Noncash Contributions | 39327 | NoncashContributions |
| Total Contributions | 1069350 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 5827789 | 5827789 |
| STUDENT SUPPORT SERVIC | 611600 | 234466 | 234466 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 6062255 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38817 | TotalRevenueColumn |
| Exclusion | $38,817 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 41850 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 41850 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 41850 | TotalRevenueColumn |
| Related Or Exempt Function Income | 41850 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 39752 | Securities |
| Other | 536 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 39943 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -191 | Securities |
| Other | 536 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 345 | TotalRevenueColumn |
| Exclusion | $345 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 50030 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 23125 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26905 | TotalRevenueColumn |
| Exclusion | $26,905 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 23632 | TotalRevenueColumn |
| Related Or Exempt Function Income | 23632 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 23632 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7263154 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6127737 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $66,067 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1445805 | Total |
| Program Services | 1445805 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307050 | Total |
| Program Services | 179275 | ProgramServices |
| Management And General | 127775 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2939242 | Total |
| Program Services | 2106415 | ProgramServices |
| Management And General | 718527 | ManagementAndGeneral |
| Fundraising | 114300 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119500 | Total |
| Program Services | 80945 | ProgramServices |
| Management And General | 34805 | ManagementAndGeneral |
| Fundraising | 3750 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 194862 | Total |
| Program Services | 118068 | ProgramServices |
| Management And General | 76434 | ManagementAndGeneral |
| Fundraising | 360 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230730 | Total |
| Program Services | 157975 | ProgramServices |
| Management And General | 64394 | ManagementAndGeneral |
| Fundraising | 8361 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26299 | Total |
| Management And General | 26299 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69553 | Total |
| Program Services | 43149 | ProgramServices |
| Management And General | 26404 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3505 | Total |
| Program Services | 3505 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134641 | Total |
| Program Services | 58811 | ProgramServices |
| Management And General | 75830 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54572 | Total |
| Program Services | 11077 | ProgramServices |
| Management And General | 43495 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275513 | Total |
| Program Services | 261907 | ProgramServices |
| Management And General | 13606 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24629 | Total |
| Program Services | 24629 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32835 | Total |
| Management And General | 32835 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 351200 | Total |
| Program Services | 333640 | ProgramServices |
| Management And General | 17560 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58023 | Total |
| Program Services | 49628 | ProgramServices |
| Management And General | 8395 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| CENTER OF EDUC INNOV | 265804 | 265804 | |
| CURRICULUM ENRICHMENT | 61796 | 61796 | |
| ANNUAL APPEAL | 57439 | 57439 | |
| INSTRUCTIONAL AIDS | 46687 | 46687 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170821 | Total |
| Program Services | 119209 | ProgramServices |
| Management And General | 21148 | ManagementAndGeneral |
| Fundraising | 30464 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6870506 | Total |
| Program Services | 5368325 | ProgramServices |
| Management And General | 1287507 | ManagementAndGeneral |
| Fundraising | 214674 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1628265 | BOY |
| EOY | 1400269 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1071203 | BOY |
| EOY | 228902 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29080 | BOY |
| EOY | 62673 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96863 | BOY |
| EOY | 106907 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10189664 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3448186 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4068007 | BOY |
| EOY | 6741478 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1792827 | BOY |
| EOY | 1729265 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 195063 | BOY |
| EOY | 45111 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8881308 | BOY |
| EOY | 10314605 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197045 | BOY |
| EOY | 275341 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 382939 | BOY |
| EOY | 372636 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183516 | BOY |
| EOY | 1179757 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5018 | BOY |
| EOY | 5294 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 768518 | BOY |
| EOY | 1833028 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4878620 | BOY |
| EOY | 6456573 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2346733 | BOY |
| EOY | 1133250 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 887437 | BOY |
| EOY | 891754 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8112790 | BOY |
| EOY | 8481577 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8881308 | BOY |
| EOY | 10314605 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 392648 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -23861 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Facts And Circumstances Test | THE SCHOOL IS NOT REQUIRED TO FILE SCHEDULE A, HOWEVER, IT DOES MEET THE 33 1/3% SUPPORT TEST. AS A RESULT, SCHEDULE B ONLY INCLUDES DONORS WHO MADE CONTRIBUTIONS GREATER THAN 2% OF TOTAL CONTRIBUTIONS. | FactsAndCircumstancesTest |
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 | 4409221 | BeginningOfYearBalance |
| Contributions | 889978 | Contributions |
| Investment Earnings Or Losses | 16822 | InvestmentEarningsOrLosses |
| Other Expenditures | 2225049 | OtherExpenditures |
| End Of Year Balance | 2730972 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2929524 | BeginningOfYearBalance |
| Contributions | 1288905 | Contributions |
| Investment Earnings Or Losses | 332545 | InvestmentEarningsOrLosses |
| Other Expenditures | 501753 | OtherExpenditures |
| End Of Year Balance | 4049221 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1674085 | BeginningOfYearBalance |
| Contributions | 1573326 | Contributions |
| Investment Earnings Or Losses | 200639 | InvestmentEarningsOrLosses |
| Other Expenditures | 518526 | OtherExpenditures |
| End Of Year Balance | 2929524 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2003560 | BeginningOfYearBalance |
| Contributions | 164000 | Contributions |
| Investment Earnings Or Losses | -493475 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1674085 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.25850 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.32650 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.41500 | 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 | 110217 | OtherCostOrOtherBasis |
| Book Value | 110217 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9026887 | OtherCostOrOtherBasis |
| Depreciation | 2982880 | Depreciation |
| Book Value | 6044007 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1052560 | OtherCostOrOtherBasis |
| Depreciation | 465306 | Depreciation |
| Book Value | 587254 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6741478 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MULTI STRATEGY BOND FUND | 488289 | F |
| EQUITY FUND | 1025846 | F |
| ACCESS EQUITY - UNREALIZED APPRECIA | 215130 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1729265 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEPOSITS HELD IN CUSTODY FOR OTHERS | Description |
| Amount | $5,294 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5294 | TotalOfAmounts |
| Total Revenue | 7263154 | TotalRevenue |
| Total Expenses | 6870506 | TotalExpenses |
| Excess Or Deficit For Year | 392648 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -24052 | NetUnrealizedGLOnInvestments |
| Other | $191 | OtherAmount |
| Total Adjustments | -23861 | TotalAdjustments |
| Excess Or Deficit Per FS | 368787 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7286470 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 23316 | OtherRevenues |
| Revenue Not Rptd F990 | 23316 | RevenueNotRptdF990 |
| Revenue Subtotal | 7263154 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7263154 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6917683 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 47177 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 47177 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6870506 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6870506 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS INTENDED PURPOSES ARE: LIBRARY, FINANCIAL AID, MISCELLANEOUS SUPPORT OF SCHOOL ACTIVITIES, PLAYGROUND, AND GARDEN. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ORGANIZATION INTERNALLY MONITORS ITS TAX POSITIONS TO DETERMINE WHETHER ANY ARE UNCERTAIN. A TAX POSITION IS TAKEN IF IT IS DETERMINED THAT THE POSITION WILL "MORE-LIKELY-THAN-NOT" BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE SCHOOL'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE WERE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS NOT CURRENTLY SUBJECT TO AUDITS FOR ANY TAX PERIODS. THE SCHOOL'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2007. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | LOSS ON DONATED SECURITIES 191. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF SPECIAL EVENTS 23,125. LOSS ON DONATED SECURITIES 191. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF SPECIAL EVENTS 23,125. UNREALIZED LOSS ON INVESTMENTS 24,052. |
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 | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | PUBLISHED IN LOCAL NEWSPAPER AND DIRECT MAILING CATALOG. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING SWING | NameOfEvent1 |
| Gross Receipts Event1 | 34490 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 34490 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 1466 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 13466 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 1222 | OtherDirectExpensesEvent1 |
| Name Of Event2 | BLUES EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 15540 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 15540 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 670 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 3054 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 1500 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 1747 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 50030 | GrossReceiptsTotal |
| Gross Revenue Total Events | 50030 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 1466 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 14136 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 3054 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1500 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 2969 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 23125 | DirectExpenseSummaryEvents |
| Net Income Summary | 26905 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| FINANCIAL AID | 85 | 1132600 | FINANCIAL AID ALLOWED TOWARD THE STUDENT'S TUITION |
| TUITION REMISSION | 17 | 313205 | TUITION REMISSION REDUCING AMOUNT OF THE STUDENT'S TUITION |
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: FAMILIES APPLY FOR FINANCIAL AID BY COMPLETING A PARENTS FINANCIAL STATEMENT WHICH IS SUBMITTED TO THE SCHOOL SCHOLARSHIP SERVICE (SSS) ADMINISTERED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE FORM REQUIRES DISCLOSURE OF FAMILY FINANCIAL INFORMATION LISTING INCOME, ASSETS AND DEBT. THE SCHOOL HAS A FINANCIAL AID COMMITTEE THAT INCLUDES THE HEADMASTER, BUSINESS MANAGER, COMPTROLLER, DIRECTOR OF ADMISSIONS AND THE ACADEMIC DIVISION HEADS. THESE ADMINISTRATORS REVIEW THE PFS AND MAKE AN AWARD BASED UPON THE FINANCIAL INFORMATION AVAILABLE AND IN THE CASE OF NEWLY ADMITTED STUDENTS, THE RECOMMENDATION OF THE DIRECTOR OF ADMISSIONS. TUITION REMISSION WAS ELIMINATED AS A FRINGE BENEFIT BY THE BOARD OF TRUSTEES IN SCHOOL YEAR 2009-2010. TUITION REMISSION IS PROVIDED FOR SOME FACULTY CHILDREN WHO WERE RECEIVING THE FUNDS UNDER A PREVIOUS POLICY. FACULTY ARE ELIGIBLE TO APPLY FOR FINANCIAL AID BY COMPLETING THE APPLICATION PROCESS AS STATED ABOVE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANDREW M RODIN | NamePerson |
| Base Compensation Filing Org | 135585 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 135585 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 135585 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 39518 | 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 | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS WILL REVIEW THE 990 AND DISCUSS IT WITH THE FULL BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF THE BOARD OF TRUSTEES, ADMINISTRATION AND FACULTY OF FRIENDS ACADEMY MUST SIGN A COPY OF THE CONFLICT OF INTEREST POLICY EVERY YEAR TO CONFIRM THAT NO CONFLICTS EXIST. THE HEADMASTER'S SECRETARY COLLECTS THESE DOCUMENTS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FINANCE COMMITTEE MAKES RECOMMENDATIONS TO THE FULL BOARD REGARDING COMPENSATION FOR ALL EMPLOYEES, WITH THE EXCEPTION OF THE HEADMASTER. THE HEADMASTER'S COMPENSATION IS THE RESPONSIBILITY OF THE HEAD'S COMPENSATION/CONTRACT COMMITTEE. THE CURRENT MEMBERS OF THIS COMMITTEE ARE THE FORMER PRESIDENT, CURRENT PRESIDENT AND TREASURER OF THE BOARD. THEY ARE ADVISED BY THE SCHOOL'S LEGAL COUNSEL, VENABLE, LLP. THE FINANCE COMMITTEE DISCUSSES RAISES FOR THE FACULTY AND STAFF. THE HEADMASTER HAS SOME FLEXIBILITY IN DETERMINING RAISES. HE MAKES THE FINAL DECISION ABOUT EMPLOYEE COMPENSATION USING GUIDELINES FROM THE BOARD AND FINANCE COMMITTEE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF THE BY- LAWS AND THE ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE HEADMASTER. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -24,052. LOSS ON DONATED SECURITIES 191. TOTAL TO FORM 990, PART XI, LINE 5: -23,861. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990 PART VI SECTION C Q# 19 | A COPY OF THE FORM 990 WILL BE AVAILABLE IN THE BUSINESS OFFICE FOR ANY BOARD MEMBERS OR INTERESTED PARTIES WHO WOULD LIKE TO REVIEW THE DOCUMENT. | HOW IS THE FORM 990 MADE AVAILABLE |