GULLIVER PREPARATORY SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GULLIVER PREPARATORY SCHOOL INC (EIN 65-0900712)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-03-21
- IRS object ID
- 201310809349300206
- Schema version
- 2011v1.5
- 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 I
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-21T08:30:42-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERDEJA & DE ARMAS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 ALHAMBRA CIR STE 560 | AddressLine1 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 331347417 | 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 | 650900712 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GULLIVER SCHOOLS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GULL | NameControl |
| Phone | 3056666333 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 SAN REMO AVENUE | AddressLine1 |
| Address Line2 | ROOM/SUITE 400 | AddressLine2 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33146 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSE FUENTE | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 3056666333 | Phone |
| Date Signed | 2013-03-20 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | OCTAVIO A VERDEJA | Name |
| Phone | 3054463177 | Phone |
| Date Prepared | 2013-03-21 | DatePrepared |
| 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 | JOSE FUENTE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 SAN REMO AVENUE SUITE 400 | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33146 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 61818083 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GULLIVERSCHOOLS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE A SUPERIOR, PERSONALIZED COLLEGE PREPARATORY EDUCATION FOSTERING WELL-ROUNDED, SUCCESSFUL, LIFELONG LEARNERS AND DEVELOP THE UNIQUE GIFTS AND TALENTS OF EACH STUDENT IN A NURTURING ENVIRONMENT THAT PROMOTES ACADEMIC EXCELLENCE, INNOVATION, GLOBAL UNDERSTANDING AND CHARACTER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 644 | TotalNbrEmployees |
| Total Nbr Volunteers | 10 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1130577 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1593798 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 55404814 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 58236173 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 842625 | InvestmentIncomePriorYear |
| Investment Income Current Year | 573551 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 245030 | OtherRevenuePriorYear |
| Other Revenue Current Year | 263646 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 57623046 | TotalRevenuePriorYear |
| Total Revenue Current Year | 60667168 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5670663 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 6158995 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 28721081 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 30200130 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 810167 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 19833497 | OtherExpensePriorYear |
| Other Expenses Current Year | 20886587 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 54225241 | TotalExpensesPriorYear |
| Total Expenses Current Year | 57245712 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3397805 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3421456 | RevenuesLessExpensesCY |
| Total Assets BOY | 81956153 | TotalAssetsBOY |
| Total Assets EOY | 88731987 | TotalAssetsEOY |
| Total Liabilities BOY | 51699255 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 57018548 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 30256898 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 31713439 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE A SUPERIOR, PERSONALIZED COLLEGE PREPARATORY EDUCATION FOSTERING WELL-ROUNDED, SUCCESSFUL, LIFELONG LEARNERS AND DEVELOP THE UNIQUE GIFTS AND TALENTS OF EACH STUDENT IN A NURTURING ENVIRONMENT THAT PROMOTES ACADEMIC EXCELLENCE, INNOVATION, GLOBAL UNDERSTANDING AND CHARACTER. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 47849664 | Expense |
| Grants | 6158995 | Grants |
| Description | SUCCESSFULLY OPERATED A PRIVATE SCHOOL WHICH PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 2,195 STUDENTS FROM PRIMARY THROUGH TWELFTH GRADE FOR AN ENTIRE SCHOOL YEAR. | Description |
| Total Program Service Expense | 47849664 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 109 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 644 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | true | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GULLIVER SCHOOLS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3056666333 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 SAN REMO AVE STE 400 | AddressLine1 |
| City | CORAL GABLES | City |
| State | FL | State |
| ZIP Code | 33146 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|
| JEFFREY BARTEL | ||||||
| VICE CHAIRMA | 1.00 | X | 0 | 0 | 0 | |
| EMILIO NUNEZ | ||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | |
| BILL KERDYK | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ABIGAIL WATTS-FITZGERALD | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| LIBBY WITHERSPOON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| SARAH NESBITT ARTECONA | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| BARRY S GOULD | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |
| CHARLES BALES JR | ||||||
| ASSOC. HEADM | 40.00 | 114468 | 0 | 0 | X | |
| HENRY LANGSTON | ||||||
| DEAN OF FACU | 40.00 | 106433 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 220901 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SCHOOL MANAGEMENT SYSTEMS | |||||
| 1500 SAN REMO AVE 400 | MIAMI | FL | 33146 | MANAGEMENT COM. | 2812093 |
| SAGE DINING SERVICES INC | |||||
| 1402 YORK ROAD SUITE 1 | LUTHERVILLE | MD | 21093 | FOOD SERVICES | 1894124 |
| OLA CONSTRUCTION GROUP | |||||
| 144272 SW 140TH STREET | MIAMI | FL | 33186 | CONTRACTOR | 1846199 |
| PCI DEVELOPMENT GROUP | |||||
| 16445 SW 74 CT | MIAMI | FL | 33157 | CONTRACTOR | 1177946 |
| EURO AMERICAN PROGRAMS | |||||
| PO BOX 1388 | BROOKSVILLE | FL | 34601 | TRAVEL/TOUR AGE | 520264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 1593798 | AllOtherContributions |
| Total Contributions | 1593798 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION REVENUES | 49833807 | 49833807 |
| SCHOOL FEES | 5144024 | 5144024 |
| SUMMER SCHOOL/CAMP | 2522501 | 2522501 |
| OTHER REVENUES | 735841 | 735841 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 58236173 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 772385 | TotalRevenueColumn |
| Exclusion | $772,385 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 198834 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -198834 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -198834 | TotalRevenueColumn |
| Related Or Exempt Function Income | -198834 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1215727 | GrossSalesOfInventory |
| Cost Of Goods Sold | 952081 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 263646 | TotalRevenueColumn |
| Exclusion | $263,646 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60667168 | TotalRevenueColumn |
| Related Or Exempt Function Income | 58037339 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,036,031 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6158995 | Total |
| Program Services | 6158995 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24480393 | Total |
| Program Services | 22754734 | ProgramServices |
| Management And General | 1330976 | ManagementAndGeneral |
| Fundraising | 394683 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 349131 | Total |
| Program Services | 339027 | ProgramServices |
| Management And General | 5087 | ManagementAndGeneral |
| Fundraising | 5017 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3513757 | Total |
| Program Services | 2894179 | ProgramServices |
| Management And General | 579633 | ManagementAndGeneral |
| Fundraising | 39945 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1856849 | Total |
| Program Services | 1746804 | ProgramServices |
| Management And General | 91072 | ManagementAndGeneral |
| Fundraising | 18973 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2794839 | Total |
| Management And General | 2794839 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213756 | Total |
| Program Services | 4499 | ProgramServices |
| Management And General | 209257 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64000 | Total |
| Management And General | 64000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 354803 | Total |
| Program Services | 176436 | ProgramServices |
| Management And General | 144385 | ManagementAndGeneral |
| Fundraising | 33982 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129038 | Total |
| Program Services | 104145 | ProgramServices |
| Management And General | 23106 | ManagementAndGeneral |
| Fundraising | 1787 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 532020 | Total |
| Program Services | 151282 | ProgramServices |
| Management And General | 222447 | ManagementAndGeneral |
| Fundraising | 158291 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182342 | Total |
| Program Services | 174922 | ProgramServices |
| Management And General | 2368 | ManagementAndGeneral |
| Fundraising | 5052 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83467 | Total |
| Program Services | 77525 | ProgramServices |
| Management And General | 4388 | ManagementAndGeneral |
| Fundraising | 1554 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94651 | Total |
| Program Services | 18979 | ProgramServices |
| Management And General | 75672 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3626039 | Total |
| Program Services | 3626039 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1130596 | Total |
| Program Services | 1130596 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSES | 3893666 | 3938784 | -45118 | |
| EDUCATION | 1883815 | 1870054 | 13761 | |
| REPAIRS & MAINTENANCE | 1559064 | 180277 | 699 | 1378088 |
| LOSS ON DERIVATIVE FIN. | 1106075 | 1106075 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3238416 | Total |
| Program Services | 2502387 | ProgramServices |
| Management And General | 554488 | ManagementAndGeneral |
| Fundraising | 181541 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57245712 | Total |
| Program Services | 47849664 | ProgramServices |
| Management And General | 8585881 | ManagementAndGeneral |
| Fundraising | 810167 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28050737 | BOY |
| EOY | 32163211 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1561085 | BOY |
| EOY | 1671442 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39313 | BOY |
| EOY | 20869 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 277492 | BOY |
| EOY | 221664 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 680008 | BOY |
| EOY | 940504 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 69043368 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 19391564 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47020876 | BOY |
| EOY | 49651804 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4326642 | BOY |
| EOY | 4062493 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81956153 | BOY |
| EOY | 88731987 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3222658 | BOY |
| EOY | 2810213 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17740820 | BOY |
| EOY | 22208294 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25800000 | BOY |
| EOY | 25100000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4935777 | BOY |
| EOY | 6900041 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51699255 | BOY |
| EOY | 57018548 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27342513 | BOY |
| EOY | 28702852 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2000909 | BOY |
| EOY | 2088761 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 913476 | BOY |
| EOY | 921826 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30256898 | BOY |
| EOY | 31713439 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81956153 | BOY |
| EOY | 88731987 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3421456 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1964915 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5733029 | BeginningOfYearBalance |
| Contributions | 8350 | Contributions |
| Investment Earnings Or Losses | -32853 | InvestmentEarningsOrLosses |
| End Of Year Balance | 5708526 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4782620 | BeginningOfYearBalance |
| Contributions | 19910 | Contributions |
| Investment Earnings Or Losses | 930499 | InvestmentEarningsOrLosses |
| End Of Year Balance | 5733029 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 858462 | BeginningOfYearBalance |
| Contributions | 4035104 | Contributions |
| Investment Earnings Or Losses | -110946 | InvestmentEarningsOrLosses |
| End Of Year Balance | 4782620 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.83850 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.16150 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12408340 | OtherCostOrOtherBasis |
| Book Value | 12408340 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28811654 | OtherCostOrOtherBasis |
| Depreciation | 4875397 | Depreciation |
| Book Value | 23936257 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14275617 | OtherCostOrOtherBasis |
| Depreciation | 5019129 | Depreciation |
| Book Value | 9256488 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6083266 | OtherCostOrOtherBasis |
| Depreciation | 3607998 | Depreciation |
| Book Value | 2475268 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7464491 | OtherCostOrOtherBasis |
| Depreciation | 5889040 | Depreciation |
| Book Value | 1575451 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 49651804 | TotalOfBookValueLandBuildings |
| Total Revenue | 60667168 | TotalRevenue |
| Total Expenses | 57245712 | TotalExpenses |
| Excess Or Deficit For Year | 3421456 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1964915 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -1964915 | TotalAdjustments |
| Excess Or Deficit Per FS | 1456541 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 52543258 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1964915 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -1964915 | RevenueNotRptdF990 |
| Revenue Subtotal | 54508173 | RevenueSubtotal |
| Other Revenues Not Included | 6158995 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6158995 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 60667168 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 51086717 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 51086717 | ExpensesSubtotal |
| Other Expenses Not Included | 6158995 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6158995 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 57245712 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 (B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509 (A)(2). THE SCHOOL ADOPTED FASB ASC 740, INCOME TAXES, WHICH CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY ON EXAMINATION BY TAX AUTHORITIES. THERE WAS NO MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2012 AND 2011 AS A RESULT OF ADOPTION. |
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | SPECIFIC ASSISTANCE TO INDIVIDUALS-REVENUE -6,158,995 SPECIFIC ASSISTANCE TO INDIVIDUALS-EXPENSES 6,158,995 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | SPECIFIC ASSISTANCE TO INDIVIDUALS-REVENUE 6,158,995 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 4B | SPECIFIC ASSISTANCE TO INDIVIDUALS-EXPENSES 6,158,995 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|
| DISCOUNT FAMILY | 3237107 | BOOK |
| FINANCIAL AID | 2921888 | BOOK |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAIME PROSPER | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SR. MANAGEMENT | Relationship |
| Description Of Transaction | CONSTRUCTION | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | TO PROVIDE A SUPERIOR, PERSONALIZED COLLEGE PREPARATORY EDUCATION FOSTERING WELL-ROUNDED, SUCCESSFUL, LIFELONG LEARNERS AND DEVELOP THE UNIQUE GIFTS AND TALENTS OF EACH STUDENT IN A NURTURING ENVIRONMENT THAT PROMOTES ACADEMIC EXCELLENCE, INNOVATION, GLOBAL UNDERSTANDING AND CHARACTER. |
| MANAGEMENT DELEGATED | FORM 990, PAGE 6, PART VI, LINE 3 | GULLIVER SCHOOLS, INC. HAS AN AGREEMENT WITH SCHOOLS MANAGEMENT SYSTEMS, INC.("SMSI") TO PROVIDE, ACCOUNTING, LEGAL, HUMAN RESOURCE AND OTHER MANAGEMENT SERVICES. SMSI HAS UNDER ITS EMPLOYMENT THE KEY MANAGEMENT PERSONNEL OF THE SCHOOL. THE SCHOOLS RENEWS THE MANAGEMENT CONTRACT WITH SMSI ON A BIANNUAL BASIS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE CFO AND EXECUTIVE DIRECTOR WILL EXAMINE THIS RETURN, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS PRIOR TO FILING THE RETURN. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND ARE REQUIRED TO SIGN A STATEMENT TO THAT AFFECT EACH YEAR. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | OFFICERS AND TOP OFFICIALS ARE NOT COMPENSATED; HOWEVER, THE BOARD OF DIRECTORS REGULARLY REVIEWS THE COMPENSATION & PERFORMANCE OF THE MANAGEMENT COMPANY. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | OFFICERS AND TOP OFFICIALS ARE NOT COMPENSATED; HOWEVER, THE BOARD OF DIRECTORS REGULARLY REVIEWS THE COMPENSATION & PERFORMANCE OF THE MANAGEMENT COMPANY. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | IT IS AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PINECREST PROPERTY MANAGEMENT HOLD | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 BRICKELL AVE STE 2500 | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33131 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650900712 | EIN |
| Primary Activities | MANAGEMENT | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| EOY Assets | 925000 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |