SAVANNAH COUNTRY DAY SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SAVANNAH COUNTRY DAY SCHOOL INC (EIN 58-0655290)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-25
- IRS object ID
- 201320569349300337
- 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 G
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-25T18:58:18-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581941470 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLLAND HENRY & BROMLEY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8878 | AddressLine1 |
| City | SAVANNAH | City |
| State | GA | State |
| ZIP Code | 31412 | 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 | 580655290 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAVANNAH COUNTRY DAY SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SAVA | NameControl |
| Phone | 9129258800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 824 STILLWOOD DR | AddressLine1 |
| City | SAVANNAH | City |
| State | GA | State |
| ZIP Code | 31419 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TIMOTHY KIENE | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 9129258800 | Phone |
| Date Signed | 2013-02-25 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHANNON L BRETT | Name |
| PTIN | P00558136 | PTIN |
| Phone | 9122353410 | Phone |
| Date Prepared | 2013-02-20 | DatePrepared |
| Self Employed | X | SelfEmployed |
| 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 | TIMOTHY KIENE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 824 STILLWOOD DR | AddressLine1 |
| City | SAVANNAH | City |
| State | GA | State |
| ZIP Code | 31419 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21215539 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SAVCDS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | TO PREPARE STUDENTS OF ACADEMIC AND PERSONAL PROMISE TO MEET WITH CONFIDENCE, IMAGINATION AND INTEGRITY THE CHALLENGES OF COLLEGE AND LIFE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 324 | TotalNbrEmployees |
| Total Nbr Volunteers | 131 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3742786 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5001762 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15344065 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15455103 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1344089 | InvestmentIncomePriorYear |
| Investment Income Current Year | 190927 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 20430940 | TotalRevenuePriorYear |
| Total Revenue Current Year | 20647792 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 418201 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 16625217 | OtherExpensePriorYear |
| Other Expenses Current Year | 18271822 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16625217 | TotalExpensesPriorYear |
| Total Expenses Current Year | 18271822 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3805723 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2375970 | RevenuesLessExpensesCY |
| Total Assets BOY | 42065281 | TotalAssetsBOY |
| Total Assets EOY | 40517690 | TotalAssetsEOY |
| Total Liabilities BOY | 17723788 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14020704 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 24341493 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 26496986 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PREPARE STUDENTS OF ACADEMIC AND PERSONAL PROMISE TO MEET WITH CONFIDENCE, IMAGINATION AND INTEGRITY THE CHALLENGES OF COLLEGE AND LIFE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 12359478 | Expense |
| Revenue | 15455103 | Revenue |
| Description | DAY SCHOOL FOR APPROX. 908 PRE-K THROUGH HIGH SCHOOL STUDENTS ALONG WITH A WIDE RANGE OF INTELLECTUAL, EXTRACURRICULAR, & ATHLETIC PROGRAMS. | Description |
| Total Program Service Expense | 12359478 | 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 | 0 | 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 1 | 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 | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | 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 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 324 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| 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 | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY KIENE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9129258800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 824 STILLWOOD DRIVE | AddressLine1 |
| City | SAVANNAH | City |
| State | GA | State |
| ZIP Code | 31419 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 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 |
|---|---|---|---|---|---|---|---|
| MR DALE C CRITZ | |||||||
| VICE CHAIR | 10.00 | X | X | 0 | 0 | 0 | |
| MR FRANCIS DESALES PINCKNEY JR | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS THERESE B PINDAR | |||||||
| CHAIR | 10.00 | X | X | 0 | 0 | 0 | |
| MRS CORINNE REEVES | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS JANE VADEN THACHER | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MS DOLLY CHISHOLM | |||||||
| SECRETARY | 10.00 | X | X | 0 | 0 | 0 | |
| MR JOCELIN CESAR | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR ROBERT A ROSS | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS LOUISE LAURETTI | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR MICHAEL F P MALONEY | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR JIM GOODLETT | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR WILLIAM J MONROE JR | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR MICHAEL F KEMP | |||||||
| TREASURER | 10.00 | X | X | 0 | 0 | 0 | |
| DR KATHRYN T MCLEARN | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR RICHARD M GERINER JR | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| DR W TODD GROCE | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS JOAN L LAFRANCHISE | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS TRACEY C LONDON | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR PATRICK O'CONNOR | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MR JOHN W ROBINSON III | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS NANCY SKINNER | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MRS MARCIA M HULL | |||||||
| HEAD OF SCHOOL | 40.00 | 203119 | 0 | 8525 | X | ||
| MR RAYMOND KIRKLEY | |||||||
| ATHLETIC DIRECTOR | 40.00 | 110210 | 0 | 4256 | X | ||
| MR STEPHEN KOLMAN | |||||||
| UPPER SCHOOL PRINCIPAL | 40.00 | 123042 | 0 | 6187 | X | ||
| MRS GAYLE PUTNAL | |||||||
| LOWER SCHOOL PRINCIPAL | 40.00 | 100816 | 0 | 5513 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 537187 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 24481 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| COVENTRY HEALTH | |||||
| 6705 ROCKLEDGE DRIVE STE 900 | BETHESDA | MA | 20817 | MEDICAL INSURANCE | 780723 |
| SAGE DINING SERVICES INC | |||||
| 1402 YORK ROAD SUITE 100 | LUTHERVILLE | MD | 21093 | FOOD SERVICE | 618402 |
| GEORGIA POWER | |||||
| 96 ANNEX | ATLANTA | GA | 30396 | UTILITIES & METER PROJECT | 353719 |
| SAVANNAH PROFESSIONAL MAINTENANCE | |||||
| 501442 EAST VICTORY DRIVE | SAVANNAH | GA | 31404 | HOUSEKEEPING | 255545 |
| APPLE INC | |||||
| 1111 OLD EAGLE SCHOOL RD | WAYNE | PA | 19087 | COMPUTERS | 143676 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 5001762 | FundraisingEvents |
| Total Contributions | 5001762 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 900099 | 13869628 | 13869628 |
| AUXILIARY PROGRAMS | 900099 | 1522527 | 1522527 |
| STUDENT ACTIVITIES | 900099 | 62948 | 62948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15455103 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158176 | TotalRevenueColumn |
| Exclusion | $158,176 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 600498 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 567747 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32751 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32751 | TotalRevenueColumn |
| Related Or Exempt Function Income | 32751 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 5001762 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20647792 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15487854 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $158,176 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1476517 | Total |
| Program Services | 1476517 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| ACADEMIC PROGRAMS | 6458046 | 6458046 | |
| GENERAL & ADMINISTRATIV | 3612952 | 3612952 | |
| AUXILIARY PROGRAMS | 2024664 | 2024664 | |
| PHYSICAL PLANT | 1881191 | 1881191 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2818452 | Total |
| Program Services | 2400251 | ProgramServices |
| Fundraising | 418201 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18271822 | Total |
| Program Services | 12359478 | ProgramServices |
| Management And General | 5494143 | ManagementAndGeneral |
| Fundraising | 418201 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3164276 | BOY |
| EOY | 4024695 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2752456 | BOY |
| EOY | 2294678 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39678 | BOY |
| EOY | 61634 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1611 | BOY |
| EOY | 2366 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169141 | BOY |
| EOY | 180115 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 364082 | BOY |
| EOY | 340874 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 43469414 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16073047 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28523280 | BOY |
| EOY | 27396367 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6898423 | BOY |
| EOY | 6008723 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152334 | BOY |
| EOY | 208238 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42065281 | BOY |
| EOY | 40517690 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 914045 | BOY |
| EOY | 1456596 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3937391 | BOY |
| EOY | 4801028 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12355000 | BOY |
| EOY | 7120000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 354138 | BOY |
| EOY | 387814 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163214 | BOY |
| EOY | 255266 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17723788 | BOY |
| EOY | 14020704 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15666450 | BOY |
| EOY | 19505161 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4537490 | BOY |
| EOY | 3027008 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4137553 | BOY |
| EOY | 3964817 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24341493 | BOY |
| EOY | 26496986 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42065281 | BOY |
| EOY | 40517690 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2375970 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -220477 | 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 |
| 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 |
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 | 9765415 | BeginningOfYearBalance |
| Contributions | 3963482 | Contributions |
| Investment Earnings Or Losses | -146791 | InvestmentEarningsOrLosses |
| Other Expenditures | 5478905 | OtherExpenditures |
| End Of Year Balance | 8103201 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14332033 | BeginningOfYearBalance |
| Contributions | 2833307 | Contributions |
| Investment Earnings Or Losses | 917068 | InvestmentEarningsOrLosses |
| Other Expenditures | 8316993 | OtherExpenditures |
| End Of Year Balance | 9765415 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14664384 | BeginningOfYearBalance |
| Contributions | 674862 | Contributions |
| Investment Earnings Or Losses | 1041960 | InvestmentEarningsOrLosses |
| Other Expenditures | 2049173 | OtherExpenditures |
| End Of Year Balance | 14332033 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17502813 | BeginningOfYearBalance |
| Contributions | 869271 | Contributions |
| Investment Earnings Or Losses | -3194655 | InvestmentEarningsOrLosses |
| Other Expenditures | 513045 | OtherExpenditures |
| End Of Year Balance | 14664384 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.14000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.49000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.37000 | 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 | 832840 | OtherCostOrOtherBasis |
| Book Value | 832840 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34712500 | OtherCostOrOtherBasis |
| Depreciation | 13085846 | Depreciation |
| Book Value | 21626654 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5741606 | OtherCostOrOtherBasis |
| Depreciation | 2164459 | Depreciation |
| Book Value | 3577147 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2182468 | OtherCostOrOtherBasis |
| Depreciation | 822742 | Depreciation |
| Book Value | 1359726 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 27396367 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | VARIOUS STOCKS | Description |
| Book Value | 6008723 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 6008723 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP CONTRACT | Description |
| Amount | $255,266 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 255266 | TotalOfAmounts |
| Total Revenue | 20647792 | TotalRevenue |
| Total Expenses | 18271822 | TotalExpenses |
| Excess Or Deficit For Year | 2375970 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -128425 | NetUnrealizedGLOnInvestments |
| Other | -$92,052 | OtherAmount |
| Total Adjustments | -220477 | TotalAdjustments |
| Excess Or Deficit Per FS | 2155493 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20427315 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -128425 | NetUnrealizedGainsInvestments |
| Other Revenues | -92052 | OtherRevenues |
| Revenue Not Rptd F990 | -220477 | RevenueNotRptdF990 |
| Revenue Subtotal | 20647792 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 20647792 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18271822 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 18271822 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 18271822 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | BOARD DESIGNATED TO BE USED FOR: OPERATING RESERVE, TECHNOLOGY RESERVE, PRSM RESERVE, BUS RESERVE, & CREW RESERVE. PERM ENDOWMENT IS TO BE HELD IN ENDOWMENT TRUST. PERM RESTRICTED INCOME TO BE USED FOR FINANCIAL AID AND OPERATIONS. TEMP ENDOWMENT TO BE USED FOR NEW BUILDING CONSTRUCTION, SCHOLARSHIPS, LECTURES, AND OTHER. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED LOSS ON INTEREST RATE SWAP CONTRACTS -92,052. |
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 | IN ALL ADMISSION TEST ANNOUNCEMENTS, SCHOOL NOTICES, NEWSPAPER ADS, APPLICATIONS FOR ADMISSION AND SCHOOL PROFILES FURNISHED TO THE GENERAL PUBLIC. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL FUND | NameOfEvent1 |
| Gross Receipts Event1 | 449487 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 449487 | CharitableContributionsEvent1 |
| Name Of Event2 | NEW FOUNDATIONS CAPITAL FUNDS | NameOfEvent2 |
| Gross Receipts Event2 | 3903498 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 3903498 | CharitableContributionsEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 648777 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 648777 | CharitableContribOtherEvents |
| Gross Receipts Total | 5001762 | GrossReceiptsTotal |
| Charitable Contributions Total | 5001762 | CharitableContributionsTotal |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| 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 | MRS MARCIA M HULL | NamePerson |
| Base Compensation Filing Org | 200833 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 2286 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 6025 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 2500 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 211644 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | DISCRETIONARY SPENDING ACCOUNT: THE HEADMASTER IS GIVEN A BUDGET EACH YEAR. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY | |||||||
| 586001588 | 80483CGW5 | 2007-04-15 | 22500000 | FACILITY CONSTRUCTION | 0 | 0 | 0 |
| SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY | |||||||
| 586001588 | 2011-09-01 | 3570000 | FACILITY CONSTRUCTION | 0 | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CLYDE K HULL | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | HUSBAND OF THE HEAD OF SCHOOL | Relationship |
| Amount Of Transaction | 5640 | AmountOfTransaction |
| Description Of Transaction | BROKER FOR LIFE, ADD AND LTD GROUP INSURANCE, WHICH IS PROVIDED TO THE SCHOOL BY UNUM. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | SEE SCHEDULE L | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT AND FINANCE COMMITTEES OF THE BOARD OF TRUSTEES REVIEW FORM 990 BEFORE IT IS FILED TO MAKE SURE ALL ACTIVITIES ARE ACCOUNTED FOR APPROPRIATELY AND ALL INFORMATION IS ACCURATE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH MEMBER OF THE BOARD OF TRUSTEES REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY EACH YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 15 | REVIEW BY THE EXECUTIVE COMMITTEE AND THE HEAD OF SCHOOL. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART X, LINE 24E | FINANCIAL AID: PROGRAM SERVICE EXPENSES 1,621,398. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,621,398. OTHER ACADEMIC EXPENSES: PROGRAM SERVICE EXPENSES 778,853. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 778,853. FUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 418,201. TOTAL EXPENSES 418,201. | ALL OTHER FUNCTIONAL EXPENSES |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -128,425. UNREALIZED LOSS ON INTEREST RATE SWAP CONTRACTS -92,052. TOTAL TO FORM 990, PART XI, LINE 5: -220,477. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |