STONY BROOK SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- STONY BROOK SCHOOL (EIN 11-6112414)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201321349349301762
- 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 I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T10:13:21-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 112355064 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLTZ RUBENSTEIN REMINICK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 BAYLIS ROAD | AddressLine1 |
| City | MELVILLE | City |
| State | NY | State |
| ZIP Code | 117473823 | 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 | 116112414 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE STONY BROOK SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STON | NameControl |
| Phone | 6317511800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CHAPMAN PARKWAY | AddressLine1 |
| City | STONY BROOK | City |
| State | NY | State |
| ZIP Code | 117901799 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SCOTT PAVAO | Name |
| Title | CFO | Title |
| Phone | 6317511800 | Phone |
| Date Signed | 2013-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GORDON SIESS | Name |
| PTIN | P00027748 | PTIN |
| Phone | 6317527400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SCOTT PAVAO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CHAPMAN PARKWAY | AddressLine1 |
| City | STONY BROOK | City |
| State | NY | State |
| ZIP Code | 117901799 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21315368 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.STONYBROOKSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1922 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE STONY BROOK SCHOOL IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL (GRADES 7 - 12). | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 208 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 41114 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 40114 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5464882 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2230242 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11143583 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11337671 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 424973 | InvestmentIncomePriorYear |
| Investment Income Current Year | 166238 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 78974 | OtherRevenuePriorYear |
| Other Revenue Current Year | 127398 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17112412 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13861549 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1895625 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2041059 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5065584 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5584665 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 6686 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 765934 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5506924 | OtherExpensePriorYear |
| Other Expenses Current Year | 5658643 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12474819 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13284367 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4637593 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 577182 | RevenuesLessExpensesCY |
| Total Assets BOY | 43367152 | TotalAssetsBOY |
| Total Assets EOY | 44197482 | TotalAssetsEOY |
| Total Liabilities BOY | 4172487 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5197947 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 39194665 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 38999535 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE STONY BROOK SCHOOL IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL (GRADES 7-12) THAT EXISTS TO CHALLENGE YOUNG MEN AND WOMEN TO KNOW JESUS CHRIST AS LORD, TO LOVE OTHERS AS THEMSELVES, AND TO GROW IN KNOWLEDGE AND SKILL, IN ORDER THAT THEY MAY SERVE THE WORLD THROUGH THEIR CHARACTER AND LEADERSHIP. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10651660 | Expense |
| Grants | 2041059 | Grants |
| Revenue | 10883674 | Revenue |
| Description | EDUCATION OF BOARDING AND DAY STUDENTS IN GRADES 7-12. ENROLLMENT IS APPROXIMATELY 314 STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 383828 | Expense |
| Revenue | 441776 | Revenue |
| Description | EDUCATION PROGRAMS INCLUDING TUTORIAL, ACADEMIC CLASSES, SPORTS, MARINE PROGRAMS, AND COMPUTER COURSES FOR STUDENTS DURING SIX WEEKS IN THE SUMMER. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 11035488 | 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 | 0 | 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 | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| 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 | 29 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 208 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | 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 | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT PAVAO CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6319411560 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE STONY BROOK SCHOOL 1 | AddressLine1 |
| City | STONY BROOK | City |
| State | NY | State |
| ZIP Code | 11790 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| SIERD TILMA | ||||||
| CHAIRPERSON/TRUSTEE | 5.00 | X | X | 0 | 0 | 0 |
| S MICHAEL KOH | ||||||
| VICE PRESIDENT/TRUSTEE | 4.00 | X | X | 0 | 0 | 0 |
| WALLACE L LARSON ESQ | ||||||
| SECRETARY/TRUSTEE | 3.00 | X | X | 0 | 0 | 0 |
| J DOUGLAS KIRK | ||||||
| TREASURER/TRUSTEE | 3.00 | X | X | 0 | 0 | 0 |
| SHARON A BOTTOMLEY | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| ALAN J CHAPMAN | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| JOHN H HAILE | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| JACK R HALL | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DAVONNE HELMER | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| JOHN A JOHNSON | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| ELAINE M KANAS | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| NORMAN A KOOP | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| KEVIN J KOUBEK | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| STEPHEN E NEWTON | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DIANE BENNETT | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DANIEL C YATES | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DAVID A ROBINSON | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| SCOTT PAVAO | ||||||
| CFO/ASSISTANT TREASURER | 40.00 | X | 76048 | 0 | 5649 | |
| ROBERT E GUSTAFSON JR | ||||||
| HEADMASTER | 40.00 | X | 181558 | 0 | 12944 | |
| TIMOTHY B CROMWELL | ||||||
| CFO/ASST TREASURER THROUGH 10/2/11 | 40.00 | X | 27249 | 0 | 2318 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 284855 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 20911 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | 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 |
|---|---|---|---|---|---|
| SAGE DINING SERVICES INC | |||||
| 222 BOSLEY AVENUE SUITE B-7 | TOWSON | MD | 21204 | FOOD SERVICE MANAGEMENT | 951967 |
| AS A WHISTLE CLEANING SERVICE | |||||
| PO BOX 536 | EAST SETAUKET | NY | 11733 | CUSTODIAL SERVICES | 443679 |
| LORICH CONSTRUCTION MGMT LLC | |||||
| 2070 DEER PARK AVE | DEER PARK | NY | 11729 | BUILDING CONSTRUCTION | 381753 |
| NEWMAN DESIGN GROUP ARCHITECTS PC | |||||
| 210 WEST ROGUES PATH | COLD SPRINGS HILLS | NY | 11743 | ARCHITECT | 379074 |
| RACANELLI CONSTRUCTIONS CO INC | |||||
| 1895 WALT WHITMAN ROAD STE 1 | MELVILLE | NY | 11747 | BUILDING CONSTRUCTION | 222998 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Fundraising Events | 79412 | FundraisingEvents |
| All Other Contributions | 2150830 | AllOtherContributions |
| Noncash Contributions | 211266 | NoncashContributions |
| Total Contributions | 2230242 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611710 | 10272435 | 10272435 |
| STUDENT FEES | 611710 | 623460 | 623460 |
| SUMMER PROGRAMS | 611710 | 441776 | 441776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11337671 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 235474 | TotalRevenueColumn |
| Exclusion | $235,474 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7274485 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7343721 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -69236 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -69236 | TotalRevenueColumn |
| Unrelated Business Revenue | 41114 | UnrelatedBusinessRevenue |
| Exclusion | -$110,350 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 60828 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 79412 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 60828 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 37049 | GrossSalesOfInventory |
| Cost Of Goods Sold | 49270 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -12221 | TotalRevenueColumn |
| Related Or Exempt Function Income | -12221 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 139619 | TotalRevenueColumn |
| Exclusion | $139,619 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 139619 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13861549 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11325450 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 41114 | UnrelatedBusinessRevenue |
| Exclusion | $264,743 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2041059 | Total |
| Program Services | 2041059 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 487329 | Total |
| Management And General | 487329 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3256434 | Total |
| Program Services | 2701053 | ProgramServices |
| Management And General | 259033 | ManagementAndGeneral |
| Fundraising | 296348 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185630 | Total |
| Program Services | 159930 | ProgramServices |
| Management And General | 8913 | ManagementAndGeneral |
| Fundraising | 16787 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1379418 | Total |
| Program Services | 1104352 | ProgramServices |
| Management And General | 113763 | ManagementAndGeneral |
| Fundraising | 161303 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275854 | Total |
| Program Services | 203552 | ProgramServices |
| Management And General | 50478 | ManagementAndGeneral |
| Fundraising | 21824 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15058 | Total |
| Management And General | 15058 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51800 | Total |
| Management And General | 51800 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 598929 | Total |
| Program Services | 445777 | ProgramServices |
| Management And General | 88826 | ManagementAndGeneral |
| Fundraising | 64326 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23048 | Total |
| Program Services | 17893 | ProgramServices |
| Management And General | 5155 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 351500 | Total |
| Program Services | 107661 | ProgramServices |
| Management And General | 146460 | ManagementAndGeneral |
| Fundraising | 97379 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170007 | Total |
| Program Services | 127670 | ProgramServices |
| Management And General | 28245 | ManagementAndGeneral |
| Fundraising | 14092 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 450566 | Total |
| Program Services | 409926 | ProgramServices |
| Management And General | 30580 | ManagementAndGeneral |
| Fundraising | 10060 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 206461 | Total |
| Program Services | 93216 | ProgramServices |
| Management And General | 82608 | ManagementAndGeneral |
| Fundraising | 30637 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27160 | Total |
| Program Services | 23599 | ProgramServices |
| Management And General | 415 | ManagementAndGeneral |
| Fundraising | 3146 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25445 | Total |
| Program Services | 22043 | ProgramServices |
| Management And General | 3402 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212199 | Total |
| Program Services | 194835 | ProgramServices |
| Management And General | 13066 | ManagementAndGeneral |
| Fundraising | 4298 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| TAX AND LICENSES | 13791 | 11228 | 1694 | 869 |
| FOOD SERVICE | 951967 | 951967 | ||
| SECURITY AND CUSTODIAL | 621222 | 565189 | 42162 | 13871 |
| SUMMER PROGRAMS | 383828 | 383828 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1555662 | Total |
| Program Services | 1470710 | ProgramServices |
| Management And General | 53958 | ManagementAndGeneral |
| Fundraising | 30994 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13284367 | Total |
| Program Services | 11035488 | ProgramServices |
| Management And General | 1482945 | ManagementAndGeneral |
| Fundraising | 765934 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 758560 | BOY |
| EOY | 677708 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1929676 | BOY |
| EOY | 2920913 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4093959 | BOY |
| EOY | 4718703 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105624 | BOY |
| EOY | 147621 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73733 | BOY |
| EOY | 74245 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170903 | BOY |
| EOY | 290411 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 21171110 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 0 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19855739 | BOY |
| EOY | 21171110 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11157587 | BOY |
| EOY | 12852829 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5080960 | BOY |
| EOY | 1174127 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140411 | BOY |
| EOY | 169815 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43367152 | BOY |
| EOY | 44197482 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 382829 | BOY |
| EOY | 639755 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3488075 | BOY |
| EOY | 4279149 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70135 | BOY |
| EOY | 38907 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 231448 | BOY |
| EOY | 240136 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4172487 | BOY |
| EOY | 5197947 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19330325 | BOY |
| EOY | 20393813 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6931837 | BOY |
| EOY | 5520835 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12932503 | BOY |
| EOY | 13084887 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39194665 | BOY |
| EOY | 38999535 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43367152 | BOY |
| EOY | 44197482 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 577182 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -772312 | 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 | 14692800 | BeginningOfYearBalance |
| Contributions | 152384 | Contributions |
| Investment Earnings Or Losses | -612865 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 342422 | GrantsOrScholarships |
| Other Expenditures | 229078 | OtherExpenditures |
| End Of Year Balance | 13660819 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12704557 | BeginningOfYearBalance |
| Contributions | 155481 | Contributions |
| Investment Earnings Or Losses | 2242762 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 234600 | GrantsOrScholarships |
| Other Expenditures | 175400 | OtherExpenditures |
| End Of Year Balance | 14692800 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11430114 | BeginningOfYearBalance |
| Contributions | 390995 | Contributions |
| Investment Earnings Or Losses | 1287448 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 256100 | GrantsOrScholarships |
| Other Expenditures | 147900 | OtherExpenditures |
| End Of Year Balance | 12704557 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14370621 | BeginningOfYearBalance |
| Contributions | 236426 | Contributions |
| Investment Earnings Or Losses | -2997233 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 113900 | GrantsOrScholarships |
| Other Expenditures | 65800 | OtherExpenditures |
| End Of Year Balance | 11430114 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00360 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.95780 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03860 | 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 | 508612 | OtherCostOrOtherBasis |
| Book Value | 508612 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13988527 | OtherCostOrOtherBasis |
| Book Value | 13988527 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4328418 | OtherCostOrOtherBasis |
| Book Value | 4328418 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2345553 | OtherCostOrOtherBasis |
| Book Value | 2345553 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 21171110 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CHARITABLE GIFT ANNUITIES | $170,527 |
| AGENCY FUNDS | $69,609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 240136 | TotalOfAmounts |
| Total Revenue | 13861549 | TotalRevenue |
| Total Expenses | 13284367 | TotalExpenses |
| Excess Or Deficit For Year | 577182 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -725075 | NetUnrealizedGLOnInvestments |
| Investment Expenses | -47237 | InvestmentExpenses |
| Total Adjustments | -772312 | TotalAdjustments |
| Excess Or Deficit Per FS | -195130 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 11097448 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -725075 | NetUnrealizedGainsInvestments |
| Other Revenues | 49270 | OtherRevenues |
| Revenue Not Rptd F990 | -675805 | RevenueNotRptdF990 |
| Revenue Subtotal | 11773253 | RevenueSubtotal |
| Investment Expenses Not Included | 47237 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 2041059 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2088296 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13861549 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11292578 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 49270 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 49270 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11243308 | ExpensesSubtotal |
| Other Expenses Not Included | 2041059 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2041059 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13284367 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | UTILIZED TO FUND VARIOUS PROGRAM ACTIVITIES WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2009. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 49,270. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 2,041,059. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 49,270. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS 2,041,059. |
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 | THE ADMISSIONS OFFICE PUBLISHES THE NON-DISCRIMINATORY POLICY AT LEAST ANNUALLY IN SEVERAL LOCAL NEWPAPERS SERVING SUFFOLK COUNTY AND LONG ISLAND. THE POLICY IS ALSO INCLUDED IN THE SCHOOL VIEWBOOK WHICH IS THE PRIMARY ADMISSIONS PUBLICATION. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | 90 IN NINETY | NameOfEvent1 |
| Gross Receipts Event1 | 140240 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 79412 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 60828 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 31545 | RentFacilityCostsEvent1 |
| Entertainment Event1 | 29283 | EntertainmentEvent1 |
| Gross Receipts Total | 140240 | GrossReceiptsTotal |
| Charitable Contributions Total | 79412 | CharitableContributionsTotal |
| Gross Revenue Total Events | 60828 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 31545 | RentFacilityCostsTotalEvents |
| Entertainment Total Events | 29283 | EntertainmentTotalEvents |
| Direct Expense Summary Events | 60828 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 128 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 2041059 | AmountOfNonCashAssistance |
| Method Of Valuation | PARENT FINANCIAL STATEMENT ASSESSED BY SCHOOL & STUDENT SRVCS DEPT OF NAIS. | MethodOfValuation |
| Description Of Non Cash Assistance | NEED BASED FINANCIAL AID. | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | GRANTS ARE IN THE FORM OF NON-CASH SCHOLARSHIPS OR FINANCIAL AID USED SOLELY TO REDUCE TUITION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT E GUSTAFSON JR | NamePerson |
| Base Compensation Filing Org | 181558 | 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 | 12944 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 194502 | 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 (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE SCHOOL IS A BOARDING-DAY SCHOOL THAT OPERATES 24/7 AND AS SUCH REQUIRES THE HEADMASTER AND ALL FACULTY AND KEY ADMINISTRATORS TO LIVE ON CAMPUS IN SCHOOL OWNED HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE INSTITUTION IN CARRYING OUT ITS MISSION AND PURPOSE. |
| PART I, LINE 3 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE TO CONDUCT PERFORMANCE REVIEW OF THE HEADMASTER (CEO) AND DISCUSS THE TERMS OF THE ANNUAL EMPLOYMENT CONTRACT HE/SHE WILL RECEIVE. GUIDANCE IS PROVIDED FOR SETTING COMPENSATION FROM EDUCATIONAL SALARY INFORMATION OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS FOR SCHOOLS OF COMPARABLE SIZE AND HEADS WITH COMPARABLE EXPERIENCE. THE PRESIDENT OF THE BOARD THEN NEGOTIATES THE CONTRACT WITH THE HEADMASTER AND INFORMS THE EXECUTIVE COMMITTEE WHEN IT IS FINALIZED. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY BY THE HEADMASTER OF THE SCHOOL BASED ON EMPLOYEE PERFORMANCE REVIEWS AND SALARY RANGES FOR ADMINISTRATIVE POSITIONS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MAJORIE GUSTAFSON | |||
| FAMILY MEMBER OF OFFICER | 37509 | FULL TIME TEACHER FOR THE SCHOOL | 0 |
| MARTHA PAVAO | |||
| FAMILY MEMBER OF OFFICER | 52926 | FULL TIME TEACHER FOR THE SCHOOL | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 211266 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AVG. FMV AT GIFT DATE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE ORGANIZATION USES BROKERS TO SELL STOCKS GIFTED TO THE ORGANIZATION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE MANAGEMENT OF THE FOOD SERVICE OPERATION AT THE SCHOOL IS CONTRACTED OUT TO SAGE DINING SERVICES, INC. THE MANAGEMENT OF THE CUSTODIAL SERVICE AT THE SCHOOL IS CONTRACTED OUT TO AS A WHISTLE CLEANING SERVICE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | AN ADHOC COMMITTEE COMPRISED OF MEMBERS OF THE EXECUTIVE AND FINANCE/AUDIT COMMITTEES OF THE BOARD OF TRUSTEES MEETS WITH THE PARTNER OF THE AUDITING FIRM TO REVIEW THE COMPLETED FORM 990 AND APPROVE THE FORM FOR FILING ON BEHALF OF THE BOARD. BOARD OF TRUSTEE MEMBERS WILL RECEIVE COPIES OF THE FORM 990 THAT IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE CONFLICT OF INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF TRUSTEES OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE TO CONDUCT PERFORMANCE REVIEW OF THE HEADMASTER (CEO) AND DISCUSS THE TERMS OF THE ANNUAL EMPLOYMENT CONTRACT HE/SHE WILL RECEIVE. GUIDANCE IS PROVIDED FOR SETTING COMPENSATION FROM EDUCATIONAL SALARY INFORMATION OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS FOR SCHOOLS OF COMPARABLE SIZE AND HEADS WITH COMPARABLE EXPERIENCE. THE PRESIDENT OF THE BOARD THEN NEGOTIATES THE CONTRACT WITH THE HEADMASTER AND INFORMS THE EXECUTIVE COMMITTEE WHEN IT IS FINALIZED. 15B - THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY BY THE HEADMASTER OF THE SCHOOL BASED ON EMPLOYEE PERFORMANCE REVIEWS AND SALARY RANGES FOR ADMINISTRATIVE POSITIONS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT PUBLISHED. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL BOARD MEMBERS AND IS INCLUDED IN THE GENERAL EMPLOYEE HANDBOOK. IF A PERSON WANTED TO SEE DOCUMENTS, POLICY, AND/OR FINANCIAL STATEMENTS, THEY WOULD BE MADE AVAILABLE FOR REVIEW IN THE BUSINESS OFFICE OF THE SCHOOL. | |
| FORM 990, PART X, LINE 24E | HEALTH CENTER: PROGRAM SERVICE EXPENSES 365,858. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 365,858. NON-CAPITALIZED PLANT: PROGRAM SERVICE EXPENSES 321,521. MANAGEMENT AND GENERAL EXPENSES 19,454. FUNDRAISING EXPENSES 6,275. TOTAL EXPENSES 347,250. STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 268,866. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 268,866. INSTRUCTIONAL MATERIAL: PROGRAM SERVICE EXPENSES 109,453. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,453. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 91,897. MANAGEMENT AND GENERAL EXPENSES 4,779. FUNDRAISING EXPENSES 1,634. TOTAL EXPENSES 98,310. BAD DEBTS: PROGRAM SERVICE EXPENSES 75,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,000. DUES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 59,834. MANAGEMENT AND GENERAL EXPENSES 5,756. FUNDRAISING EXPENSES 1,745. TOTAL EXPENSES 67,335. TEXTBOOKS: PROGRAM SERVICE EXPENSES 66,173. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,173. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 23,764. MANAGEMENT AND GENERAL EXPENSES 23,719. FUNDRAISING EXPENSES 8,944. TOTAL EXPENSES 56,427. COMMUNITY SERVICE: PROGRAM SERVICE EXPENSES 52,542. MANAGEMENT AND GENERAL EXPENSES 250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,792. TESTING AND ASSESSMENT: PROGRAM SERVICE EXPENSES 22,480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,480. PRIZES AND AWARDS: PROGRAM SERVICE EXPENSES 13,322. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 3,251. TOTAL EXPENSES 16,573. SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 9,145. TOTAL EXPENSES 9,145. | ALL OTHER FUNCTIONAL EXPENSES |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -725,075. INVESTMENT EXPENSES: -47,237. TOTAL TO FORM 990, PART XI, LINE 5: -772,312. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART VI, SECTION B, LINE 14 | A WRITTEN POLICY ON DOCUMENT RETENTION AND DESTRUCTION THAT FORMALIZES CURRENT PRACTICE WILL BE IMPLEMENTED IN THE NEAR FUTURE. IN PRACTICE, THE ORGANIZATION DOES HAVE A LIST OF LEGAL GUIDELINES THAT ARE USED BY ADMINISTRATIVE OFFICES FOR MAKING RECORD RETENTION DECISIONS. DOCUMENTS THAT ARE NOT TO BE RETAINED ARE GATHERED ANNUALLY FROM ALL SCHOOL OFFICES BY THE BUSINESS OFFICE AND DESTROYED BY AN OUTSIDE COMPANY. | |
| GENERAL NOTE: INVESTMENT SUB-COMMITTEE | MANAGEMENT OF THE ENDOWMENT PORTFOLIO IS DISTRIBUTED BETWEEN THREE MANAGERS AND FIVE MUTUAL OR EXCHANGE TRADED FUNDS. SINCE 1999, A FORMAL INVESTMENT SUB-COMMITTEE ESTABLISHED AT THE BOARD LEVEL HAS OVERSEEN THE MANAGERS AND CHOSEN THE FUNDS. MEMBERS OF THE SUB-COMMITTEE ARE ALL PROFESSIONALS IN THE INVESTMENT BUSINESS. A FORMAL ENDOWMENT INVESTMENT POLICY TO GUIDE THE BOARD IN IT'S FIDUCIARY RESPONSIBILITIES WAS ENACTED IN 2000 AND REVISED SEVERAL TIMES TO ADAPT TO CHANGING MARKET CONDITIONS, MOST RECENTLY IN MARCH OF 2010. THE ENDOWMENT INVESTMENT POLICY ALSO AUTHORIZES AN ANNUAL DRAW OF BETWEEN 4% AND 5% OF THE AVERAGE ENDOWMENT MARKET VALUE OF PERMANENT CORPUS OVER A ROLLING PERIOD OF 12 QUARTERS (3 YEARS). THE INVESTMENTS IN THE CHARITABLE GIFT ANNUITY FUND ARE LIKEWISE INVESTED IN SEVERAL MUTUAL FUNDS / EFT AND ARE GUIDED BY AN CHARITABLE GIFT ANNUITY FUND INVESTMENT POLICY SEEKING TO MEET ALL LEGAL RESERVE REQUIREMENTS AS WELL AS PROVIDE FUNDING FOR ANNUITY OBLIGATIONS. THE CHARITABLE GIFT ANNUITY FUND POLICY WAS ESTABLISHED IN 2005 AND UPDATED IN 2007. |