OLDFIELDS SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- OLDFIELDS SCHOOL INC (EIN 52-0591645)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-13
- IRS object ID
- 201330449349300358
- 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 K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-13T07:24:48-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205991824 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SC&H TAX & ADVISORY SERVICES LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 RIDGEBROOK ROAD | AddressLine1 |
| City | SPARKS | City |
| State | MD | State |
| ZIP Code | 21152 | 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 | 520591645 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLDFIELDS SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OLDF | NameControl |
| Phone | 4104724800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 GLENCOE ROAD | AddressLine1 |
| City | GLENCOE | City |
| State | MD | State |
| ZIP Code | 21152 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT A ROSENBAUM | Name |
| Title | TRUSTEE | Title |
| Phone | 4104724800 | Phone |
| Date Signed | 2013-02-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LORI S BURGHAUSER | Name |
| PTIN | P00370694 | PTIN |
| Phone | 4104031500 | Phone |
| Date Prepared | 2013-02-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TAYLOR SMITH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 GLENCOE ROAD | AddressLine1 |
| City | GLENCOE | City |
| State | MD | State |
| ZIP Code | 21152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9434547 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | OLDFIELDSSCHOOL.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1926 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE EDUCATION OF STUDENTS PRIMARILY IN GRADES 8 THROUGH 12. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 108 | TotalNbrEmployees |
| Total Nbr Volunteers | 60 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1659750 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1242507 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5873126 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 7049565 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 991319 | InvestmentIncomePriorYear |
| Investment Income Current Year | 127772 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 130808 | OtherRevenuePriorYear |
| Other Revenue Current Year | 141033 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8655003 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8560877 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 860051 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1247000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3841004 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4159741 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 416049 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3890348 | OtherExpensePriorYear |
| Other Expenses Current Year | 4231870 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8591403 | TotalExpensesPriorYear |
| Total Expenses Current Year | 9638611 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 63600 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1077734 | RevenuesLessExpensesCY |
| Total Assets BOY | 23074741 | TotalAssetsBOY |
| Total Assets EOY | 22473595 | TotalAssetsEOY |
| Total Liabilities BOY | 4374069 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4891270 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 18700672 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17582325 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE EDUCATION OF STUDENTS PRIMARILY IN GRADES 8 THROUGH 12. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7347416 | Expense |
| Grants | 1247000 | Grants |
| Revenue | 7049652 | Revenue |
| Description | EDUCATION OF STUDENTS INCLUDING AUXILLARY ACTIVITIES. APPROXIMATELY 150 STUDENTS SERVED. GRANTS AND ALLOCATIONS CONSIST OF FINANCIAL AID. | Description |
| Total Program Service Expense | 7347416 | 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 | 0 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 22 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 108 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| 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 | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | 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 | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUSINESS MANAGER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4436621013 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 GLENCOE ROAD | AddressLine1 |
| City | SPARKS | City |
| State | MD | State |
| ZIP Code | 21152 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JOHN W HAWKS | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| CARLISLE VAN METER MAYER | ||||||
| VICE-CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| RICHARD C DARRELL | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| ROBERT A ROSENBAUM | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| SUNNY ADAMS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ILANA FELDBERG ADELMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CAROL ATTERBURY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KENNETH H BUCHANAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DAVID C CARROLL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| GEORGE R FLOYD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| SHEILA W HARRELL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DEBBIE L HILL | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JANE MCCOLL LOCKWOOD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHRISTINE APPLEBY MARTINELLI | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| THOMAS P MCDONOUGH | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN D NEWTON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| FRANK R PALMER IV | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PAIGE RABALAIS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CORBIN D RIEMER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JEAN SCHEFFENACKER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| J PAGE SCULLY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ARCHIBALD A SMITH III | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LISA WOOD WRIGHT | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| TAYLOR SMITH | ||||||
| HEAD OF SCHOOL | 40.00 | X | X | 224913 | 0 | 53723 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 224913 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 53723 | 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 (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CHARTWELLS-FLIK | |||||
| PO BOX 91337 | CHICAGO | IL | 606931337 | FOOD SERVICES | 585332 |
| EDUCATORS BENEFIT SERVICES | |||||
| 14 N RONKS ROAD | RONKS | PA | 17572 | HEALTH & DENTAL | 474298 |
| PHILADELPHIA INSURANCE COMPANIES | |||||
| PO BOX 70251 | PHILADELPHIA | PA | 19176 | INSURANCE | 103270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 6185 | FundraisingEvents |
| All Other Contributions | 1236322 | AllOtherContributions |
| Noncash Contributions | 240075 | NoncashContributions |
| Total Contributions | 1242507 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 6571264 | 6571264 |
| AUXILIARY ACTIVITIES | 611710 | 478301 | 478301 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7049565 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 147009 | TotalRevenueColumn |
| Exclusion | $147,009 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 83175 | TotalRevenueColumn |
| Exclusion | $83,175 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22176 | Securities |
| Other | 787397 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18201 | Securities |
| Other | 810609 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3975 | Securities |
| Other | -23212 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -19237 | TotalRevenueColumn |
| Exclusion | -$19,237 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 20369 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 6185 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 41992 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -21623 | TotalRevenueColumn |
| Exclusion | -$21,623 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 48944 | GrossSalesOfInventory |
| Cost Of Goods Sold | 2868 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 46076 | TotalRevenueColumn |
| Exclusion | $46,076 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| ANTITRUST SETTLEMENT | 900099 | 36196 | $36,196 | |
| OTHER INCOME | 900099 | 87 | 87 | |
| LOSS FROM PASSTHROUGH | 900099 | -2878 | -$2,878 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 33405 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8560877 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7049652 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $268,718 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1247000 | Total |
| Program Services | 1247000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 278637 | Total |
| Program Services | 27864 | ProgramServices |
| Management And General | 167182 | ManagementAndGeneral |
| Fundraising | 83591 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3106436 | Total |
| Program Services | 2035154 | ProgramServices |
| Management And General | 882070 | ManagementAndGeneral |
| Fundraising | 189212 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146094 | Total |
| Program Services | 95712 | ProgramServices |
| Management And General | 41483 | ManagementAndGeneral |
| Fundraising | 8899 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389351 | Total |
| Program Services | 255080 | ProgramServices |
| Management And General | 110556 | ManagementAndGeneral |
| Fundraising | 23715 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 239223 | Total |
| Program Services | 156725 | ProgramServices |
| Management And General | 67927 | ManagementAndGeneral |
| Fundraising | 14571 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59621 | Total |
| Management And General | 59621 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 727160 | Total |
| Program Services | 706775 | ProgramServices |
| Management And General | 12470 | ManagementAndGeneral |
| Fundraising | 7915 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34743 | Total |
| Program Services | 34743 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553617 | Total |
| Program Services | 283782 | ProgramServices |
| Management And General | 197387 | ManagementAndGeneral |
| Fundraising | 72448 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72347 | Total |
| Program Services | 19925 | ProgramServices |
| Management And General | 52422 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 986886 | Total |
| Program Services | 986729 | ProgramServices |
| Management And General | 157 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77669 | Total |
| Program Services | 55139 | ProgramServices |
| Management And General | 6832 | ManagementAndGeneral |
| Fundraising | 15698 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145933 | Total |
| Program Services | 145933 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 774461 | Total |
| Program Services | 774461 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152576 | Total |
| Program Services | 16951 | ProgramServices |
| Management And General | 135625 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| EQUESTRIAN EXPENSES | 176167 | 176167 | |
| CO-CURRICULAR PROGRAMS | 154437 | 154437 | |
| MISCELLANEOUS | 86351 | 52134 | 34217 |
| CAFETERIA EXPENSE | 47756 | 47756 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182146 | Total |
| Program Services | 74949 | ProgramServices |
| Management And General | 107197 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9638611 | Total |
| Program Services | 7347416 | ProgramServices |
| Management And General | 1875146 | ManagementAndGeneral |
| Fundraising | 416049 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122463 | BOY |
| EOY | 953804 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1494927 | BOY |
| EOY | 1028439 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114920 | BOY |
| EOY | 57454 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10000 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88678 | BOY |
| EOY | 74526 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183034 | BOY |
| EOY | 179162 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22934592 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9817330 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13477570 | BOY |
| EOY | 13117262 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6720874 | BOY |
| EOY | 6985009 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 862275 | BOY |
| EOY | 77939 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23074741 | BOY |
| EOY | 22473595 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 524485 | BOY |
| EOY | 614179 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 668933 | BOY |
| EOY | 1112982 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2985000 | BOY |
| EOY | 2985000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135000 | BOY |
| EOY | 135000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60651 | BOY |
| EOY | 44109 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4374069 | BOY |
| EOY | 4891270 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11224076 | BOY |
| EOY | 10583666 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2178051 | BOY |
| EOY | 1536778 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5298545 | BOY |
| EOY | 5461881 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18700672 | BOY |
| EOY | 17582325 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23074741 | BOY |
| EOY | 22473595 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1077734 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -40613 | 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 | 6362349 | BeginningOfYearBalance |
| Contributions | 454492 | Contributions |
| Investment Earnings Or Losses | 103156 | InvestmentEarningsOrLosses |
| Other Expenditures | 300000 | OtherExpenditures |
| Administrative Expenses | 18202 | AdministrativeExpenses |
| End Of Year Balance | 6601795 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6190555 | BeginningOfYearBalance |
| Contributions | 170157 | Contributions |
| Investment Earnings Or Losses | 742116 | InvestmentEarningsOrLosses |
| Other Expenditures | 722099 | OtherExpenditures |
| Administrative Expenses | 18380 | AdministrativeExpenses |
| End Of Year Balance | 6362349 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5620006 | BeginningOfYearBalance |
| Contributions | 261956 | Contributions |
| Investment Earnings Or Losses | 607322 | InvestmentEarningsOrLosses |
| Other Expenditures | 298729 | OtherExpenditures |
| End Of Year Balance | 6190555 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12084770 | BeginningOfYearBalance |
| Contributions | 1166580 | Contributions |
| Investment Earnings Or Losses | -2186224 | InvestmentEarningsOrLosses |
| Other Expenditures | 5445120 | OtherExpenditures |
| End Of Year Balance | 5620006 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.23170 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.74400 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.02430 | 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 | 796298 | OtherCostOrOtherBasis |
| Book Value | 796298 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20127714 | OtherCostOrOtherBasis |
| Depreciation | 8507211 | Depreciation |
| Book Value | 11620503 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1211580 | OtherCostOrOtherBasis |
| Depreciation | 733334 | Depreciation |
| Book Value | 478246 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 799000 | OtherCostOrOtherBasis |
| Depreciation | 576785 | Depreciation |
| Book Value | 222215 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 13117262 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CASH SURRENDER VALUE OF LIFE INSURANCE | 117309 | F |
| HATTERAS MULTI-STRATEGY TEI FUND | 1024338 | F |
| INTEREST IN OIL AND GAS LEASE | 188376 | F |
| MULTI-STRATEGY BOND FUND | 3084122 | F |
| MULTI-STRATEGY EQUITY FUND | 2493335 | F |
| TIAA-CREF MUTUAL FUNDS | 77529 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 6985009 | TotalOfBookValueSecurities |
| Total Revenue | 8560877 | TotalRevenue |
| Total Expenses | 9638611 | TotalExpenses |
| Excess Or Deficit For Year | -1077734 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -43487 | NetUnrealizedGLOnInvestments |
| Other | $2,874 | OtherAmount |
| Total Adjustments | -40613 | TotalAdjustments |
| Excess Or Deficit Per FS | -1118347 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7328699 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 31645 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -1496 | OtherRevenues |
| Revenue Not Rptd F990 | 30149 | RevenueNotRptdF990 |
| Revenue Subtotal | 7298550 | RevenueSubtotal |
| Other Revenues Not Included | 1262327 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1262327 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8560877 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8447046 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 31645 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 41991 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 73636 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8373410 | ExpensesSubtotal |
| Other Expenses Not Included | 1265201 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1265201 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 9638611 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ENDOWMENT FUNDS ARE INVESTED UNDER THE SCHOOL'S INVESTMENT POLICIES TO COMPLY WITH THE STATE OF MARYLAND UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT. THE BOARD APPROPRIATES THE EARNINGS OF THE ENDOWMENT FUNDS FOR EXPENDITURE TO SUPPORT DONOR STIPULATED PURPOSES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | ASC 740, INCOME TAXES (ASC 740), PRESCRIBES THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE SCHOOL DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF JUNE 30, 2012 AND 2011. THE SCHOOL IS SUBJECT TO TAXATION IN VARIOUS JURISDICTIONS. THE SCHOOL CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES AND VARIOUS STATE AUTHORITIES FOR THE YEARS ENDED JUNE 30, 2009 THROUGH JUNE 30, 2011. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | HATTERAS CORE ALTERNATIVES TEI FUND K-1: INTEREST INCOME -4. HATTERAS CORE ALTERNATIVES TEI FUND K-1: (OTHER INCOME) 2,878. TOTAL TO SCHEDULE D, PART XI, LINE 8: 2,874. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS - DIRECT EXPENSES NETTED WITH REVENUE 41,991. NET UNREALIZED LOSS ON INVESTMENTS -43,487. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID RECORDED AS A REDUCTION OF REVENUE 1,247,000. HATTERAS CORE ALTERNATIVES TEI FUND K-1: INTEREST INCOME 4. COMMISSION NETTED AGAINST ROYALTIES ON FINANCIAL STATEMENTS 18,201. HATTERAS CORE ALTERNATIVES TEI FUND K-1: OTHER INCOME -2,878. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS - DIRECT EXPENSES NETTED WITH REVENUE 41,991. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID RECORDED AS A REDUCTION OF REVENUE 1,247,000. COMMISSION EXPENSE NETTED AGAINST ROYALTIES ON FINANCIAL STATEMENTS 18,201. |
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 SCHOOL'S POLICY IS PUBLISHED ANNUALLY IN THE BALTIMORE SUN. THE POLICY IS ALSO ON THE ORGANIZATION'S WEBSITE AND IN THE STUDENT HANDBOOK. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PARENTS WEEKEND | NameOfEvent1 |
| Gross Receipts Event1 | 7355 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 7355 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 9578 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ALUMNAE WEEKEND | NameOfEvent2 |
| Gross Receipts Event2 | 19199 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 6185 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 13014 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 32414 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 26554 | GrossReceiptsTotal |
| Charitable Contributions Total | 6185 | CharitableContributionsTotal |
| Gross Revenue Total Events | 20369 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 41992 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 41992 | DirectExpenseSummaryEvents |
| Net Income Summary | -21623 | 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 IN THE FORM OF SCHOLARSHIPS AWARDED TO 53 STUDENTS | TypeOfGrant |
| Number Of Recipients | 53 | NumberOfRecipients |
| Amount Of Cash Grant | 1247000 | AmountOfCashGrant |
| Method Of Valuation | BOOK | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE STUDENT'S PARENT(S) APPLIES FOR THE FINANCIAL AID BY COMPLETING THE UNIFORM SSS FORM. MANAGEMENT REVIEWS THE SSS FORMS AND AWARDS FINANCIAL AID ON AN AS-NEEDED BASIS. THE AMOUNT OF EACH AWARD IS APPLIED TO THE RESPECTIVE STUDENT'S TUITION BILL. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | TAYLOR SMITH | NamePerson |
| Base Compensation Filing Org | 218913 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 6000 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 37000 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 16723 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 278636 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 520936091 | IssuerEIN |
| Date Issued | 2010-04-14 | DateIssued |
| Issue Price | 2985000 | IssuePrice |
| Description Of Purpose | REFINANCE 2000 BONDS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 2985000 | TotalProceeds |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | 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 | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHRISTINE MARTINELLI | NamePerson |
| Purpose Of Loan | LOAN GIVEN FOR BOND REFINANCING | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $135,000 | OriginalPrincipalAmount |
| Balance Due | 135000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 135000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HAWLEY ROGERS | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | FORMER HEAD OF SCHOOL | Relationship |
| Amount Of Transaction | 15500 | AmountOfTransaction |
| Description Of Transaction | CONSULTING SERVICES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 1435 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25705 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | BLUE BOOK VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 161100 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (5 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | HORSES | 7 | 45000 | ESTIMATED REPLACEMENT COST |
| X | SILENT AUCTION | 32 | 3935 | SELLING PRICE |
| X | HEALTH CARE SUPPLIES | 1 | 600 | COST |
| X | PORTABLE PA SYSTEM | 1 | 2000 | COST |
| X | TELESCOPE | 1 | 300 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 5 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BUSINESS MANAGER AND THE HEAD OF THE SCHOOL PERFORM THE INITIAL REVIEW. AFTER THEIR APPROVAL, THE FORM 990 IS THEN SUBMITTED TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR APPROVAL. THE FORM 990 IS ALSO MADE AVAILABLE IN THE BUSINESS MANAGER'S OFFICE FOR REVIEW BY THE FULL BOARD PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | IN ACCORDANCE WITH NAIS STANDARDS, ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE ADMINISTRATIVE ASSISTANT TO THE HEAD OF THE SCHOOL SENDS ALL TRUSTEES A COPY OF THE CONFLICT OF INTEREST STATEMENT VIA EMAIL TO SIGN AT THE BEGINNING OF EACH FISCAL YEAR. THE STATEMENTS ARE FILED BY THE HEAD'S ADMINISTRATOR AND ARE KEPT ON FILE AND UP TO DATE. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION FOR THE HEAD OF THE SCHOOL IS DETERMINED BY THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. THE COMMITTEE USES AIMS SUMMARY REPORTS OF COMPENSATION AS A GUIDELINE FOR SETTING COMPENSATION. NO OTHER OFFICERS ARE COMPENSATED AND THERE ARE NO KEY EMPLOYEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -43,487. HATTERAS CORE ALTERNATIVES TEI FUND K-1: INTEREST INCOME -4. HATTERAS CORE ALTERNATIVES TEI FUND K-1: (OTHER INCOME) 2,878. TOTAL TO FORM 990, PART XI, LINE 5: -40,613. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PAGE 12, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |