BRUNSWICK SCHOOL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BRUNSWICK SCHOOL INC (EIN 06-0646562)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-14
- IRS object ID
- 201201359349304685
- Schema version
- 2010v3.4
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T14:28:22-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES MUNNS & DOBBINS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE STAMFORD LANDING | AddressLine1 |
| City | STAMFORD | City |
| State | CT | State |
| ZIP Code | 06902 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060646562 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUNSWICK SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRUN | NameControl |
| Phone | 2036255815 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 MAHER AVENUE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 068305618 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN H DUDLEY | Name |
| Title | DIRECTOR OF FINANCE | Title |
| Phone | 2036255815 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GARRETT M HIGGINS | Name |
| Phone | 2033232400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEVEN H DUDLEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 MAHER AVENUE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 068305618 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 67216999 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BRUNSWICKSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1932 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | BRUNSWICK IS AN INDEPENDENT COLLEGE-PREPARATORY DAY SCHOOL FOR BOYS IN GRADES PRE-K THROUGH 12. STUDENTS SUCCEED BY ANNUALLY ADVANCING MATRICULATION, CULMINATING WITH A 100% PLACEMENT RECORD FOR SENIOR BOYS AT NATIONALLY RECOGNIZED, HIGHLY COMPETITIVE COLLEGES AND UNIVERSITIES. BRUNSWICK SCHOOL HOLDS LONG-STANDING ACCREDITATION BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 383 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 8192 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -2782 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9686449 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 10089333 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 29183470 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 30602845 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3677599 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3183836 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 799431 | OtherRevenuePriorYear |
| Other Revenue Current Year | 570915 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 43346949 | TotalRevenuePriorYear |
| Total Revenue Current Year | 44446929 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4223932 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4568302 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18967086 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20542580 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1519621 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14888393 | OtherExpensePriorYear |
| Other Expenses Current Year | 13448495 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38079411 | TotalExpensesPriorYear |
| Total Expenses Current Year | 38559377 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5267538 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5887552 | RevenuesLessExpensesCY |
| Total Assets BOY | 225064088 | TotalAssetsBOY |
| Total Assets EOY | 233900460 | TotalAssetsEOY |
| Total Liabilities BOY | 62080828 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 59423693 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 162983260 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 174476767 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 27046269 | Expense |
| Grants | 4568302 | Grants |
| Revenue | 29807404 | Revenue |
| Description | EDUCATION FOR APPROXIMATELY 490 STUDENTS IN CLASSES FROM PRE-KINDERGARTEN THROUGH 12TH GRADE | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4583656 | Expense |
| Revenue | 398577 | Revenue |
| Description | REQUIRED ATHLETIC AND VOLUNTARY SUMMER PROGRAMS | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1756400 | Expense |
| Revenue | 396864 | Revenue |
| Description | STUDENT SERVICES INCLUDING FOOD SERVICE AND BOOKSTORE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 33386325 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 1 | 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 | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | 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 | 77 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 383 | 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 | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 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 | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN H DUDLEY DIRECTOR OF FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2036255815 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MAHER AVENUE | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 06830 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| MR WILLIAM A DURKIN III | ||||||||
| CHAIRMAN | 8.00 | X | X | 0 | 0 | 0 | ||
| MRS W ROBERT DAHL | ||||||||
| TREASURER | 4.00 | X | X | 0 | 0 | 0 | ||
| MR B CORT DELANY | ||||||||
| SECRETARY | 4.00 | X | X | 0 | 0 | 0 | ||
| MR W PRESTON BALDWIN III | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MRS JAMES BETTER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR MICHAEL P CASTINE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR MATTHEW DESALVO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR JOHN R HARVEY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR ANDREW JACOBSON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR DAVID B MACFARLANE | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MRS GARY S MATTHEWS | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MR IAN MCKINNON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR SANJEEV K MEHRA | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MR IAN C MURRAY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR SHEPHERD MURRAY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR MICHAEL J ODRICH | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR THOS D O'MALLEY JR | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MR CHARLES PATERNINA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MRS ANDREW P PEISCH | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR CLIFTON S ROBBINS | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MR WILLIAM A SCHNEIDER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MRS MARK STITZER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR SIMON J WILLIAMS | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MR TRACY R WOLSTENCROFT | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| DR MARK CAMEL | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR CARLOS HERNANDEZ | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR PHILIP FP PIERCE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR MICHAEL TROY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR JOHN S WEINBERG | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MR THOMAS W PHILIP | ||||||||
| HEADMASTER | 40.00 | X | 387659 | 0 | 248534 | |||
| MR STEVEN H DUDLEY | ||||||||
| ASS'T HEAD/DIRECTOR FINANC | 40.00 | X | 331911 | 0 | 94495 | |||
| MR THOMAS MURRAY | ||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 194156 | 0 | 21807 | X | |||
| MR SUNIL GUPTA | ||||||||
| DIRECTOR OF TECHNOLOGY | 40.00 | 149988 | 0 | 13862 | X | |||
| MR DOUGLAS BURDETT | ||||||||
| DIRECTOR OF COLLEGE GUIDAN | 40.00 | 160801 | 0 | 93309 | X | |||
| MR ANDREW HALL | ||||||||
| CHAIR OF VISUAL & PERFORMI | 40.00 | 143344 | 0 | 63307 | X | |||
| MR TIMOTHY F OSTRYE | ||||||||
| DIRECTOR OF ATHLETICS | 40.00 | 134360 | 0 | 32296 | X | |||
| MR STEPHEN DUENNEBIER | ||||||||
| ASS'T HEAD US DIR STUDENT | 40.00 | 132868 | 0 | 29375 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1635087 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 596985 | TotalOtherCompensation |
| Number Individuals GT100 K | 32 | 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 |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICES | |||||
| 91337 COLLECTIONS DRIVE | CHICAGO | IL | 60693 | DINING SERVICES | 1343909 |
| DUNNING ENTERPRISES INC | |||||
| 11 BUCKLEY AVENUE | PORT CHESTER | NY | 10573 | CLEANING SERVICE | 401100 |
| CHARLIE HORTON JR LANDSCAPING INC | |||||
| PO BOX 271 | PORT CHESTER | NY | 10573 | LANDSCAPING | 250692 |
| RICHARDS CONDITIONING CORP | |||||
| 70 MARBLEDALE ROAD | TUCKAHOE | NY | 10707 | EQUIPMENT MAINTENANCE | 204042 |
| OLIVIERI CONTRACTING | |||||
| 7 BOTE COURT | GREENWICH | CT | 06830 | CONSTRUCTION | 162950 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Fundraising Events | 260134 | FundraisingEvents |
| All Other Contributions | 9829199 | AllOtherContributions |
| Noncash Contributions | 1679436 | NoncashContributions |
| Total Contributions | 10089333 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION | 900099 | 29573944 | 29573944 |
| AFTER SCHOOL PROGRAMS | 611710 | 630324 | 630324 |
| SUMMER PROGRAM | 611710 | 398577 | 398577 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 30602845 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 914328 | TotalRevenueColumn |
| Unrelated Business Revenue | 8192 | UnrelatedBusinessRevenue |
| Exclusion | $906,136 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 651988 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 417865 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 234123 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 234123 | TotalRevenueColumn |
| Exclusion | $234,123 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23738700 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21469192 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2269508 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2269508 | TotalRevenueColumn |
| Exclusion | $2,269,508 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 293051 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 260134 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 358061 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -65010 | TotalRevenueColumn |
| Exclusion | -$65,010 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 63500 | GrossIncomeGaming |
| Gaming Direct Expenses | 643 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62857 | TotalRevenueColumn |
| Exclusion | $62,857 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 713639 | GrossSalesOfInventory |
| Cost Of Goods Sold | 524309 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 189330 | TotalRevenueColumn |
| Exclusion | $189,330 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| INSURANCE SETTLEMENT | 900099 | 136797 | $136,797 |
| OTHER REVENUE | 900099 | 8588 | $8,588 |
| INSURANCE DIVIDENDS | 900099 | 4230 | $4,230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 149615 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 44446929 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30602845 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 8192 | UnrelatedBusinessRevenue |
| Exclusion | $3,746,559 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4568302 | Total |
| Program Services | 4568302 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1260235 | Total |
| Program Services | 66373 | ProgramServices |
| Management And General | 953210 | ManagementAndGeneral |
| Fundraising | 240652 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14601664 | Total |
| Program Services | 12494438 | ProgramServices |
| Management And General | 1540106 | ManagementAndGeneral |
| Fundraising | 567120 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1274795 | Total |
| Program Services | 1178224 | ProgramServices |
| Management And General | 48787 | ManagementAndGeneral |
| Fundraising | 47784 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2277697 | Total |
| Program Services | 2107874 | ProgramServices |
| Management And General | 112758 | ManagementAndGeneral |
| Fundraising | 57065 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1128189 | Total |
| Program Services | 938557 | ProgramServices |
| Management And General | 130439 | ManagementAndGeneral |
| Fundraising | 59193 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11846 | Total |
| Management And General | 11846 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81755 | Total |
| Management And General | 81755 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37275 | Total |
| Management And General | 37275 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128442 | Total |
| Program Services | 108023 | ProgramServices |
| Management And General | 20361 | ManagementAndGeneral |
| Fundraising | 58 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20443 | Total |
| Management And General | 8367 | ManagementAndGeneral |
| Fundraising | 12076 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 915590 | Total |
| Program Services | 366672 | ProgramServices |
| Management And General | 282681 | ManagementAndGeneral |
| Fundraising | 266237 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385904 | Total |
| Program Services | 178806 | ProgramServices |
| Management And General | 144304 | ManagementAndGeneral |
| Fundraising | 62794 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 919560 | Total |
| Program Services | 820487 | ProgramServices |
| Management And General | 98364 | ManagementAndGeneral |
| Fundraising | 709 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263449 | Total |
| Program Services | 261611 | ProgramServices |
| Management And General | 1612 | ManagementAndGeneral |
| Fundraising | 226 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52656 | Total |
| Program Services | 37109 | ProgramServices |
| Management And General | 5333 | ManagementAndGeneral |
| Fundraising | 10214 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2070329 | Total |
| Program Services | 2070329 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4364247 | Total |
| Program Services | 4278918 | ProgramServices |
| Management And General | 47566 | ManagementAndGeneral |
| Fundraising | 37763 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93310 | Total |
| Program Services | 92659 | ProgramServices |
| Management And General | 571 | ManagementAndGeneral |
| Fundraising | 80 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BLDG MAINT & CONTRACTS | 2050445 | 2036142 | 12544 | 1759 |
| CATERING | 1099250 | 1091582 | 6725 | 943 |
| PROF. DEVELOPMENT | 190681 | 190681 | ||
| BAD DEBT EXPENSE | 74014 | 74014 | ||
| ANNUAL CAMPAIGN EXPENSE | 71766 | 71766 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617533 | Total |
| Program Services | 499538 | ProgramServices |
| Management And General | 34813 | ManagementAndGeneral |
| Fundraising | 83182 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38559377 | Total |
| Program Services | 33386325 | ProgramServices |
| Management And General | 3653431 | ManagementAndGeneral |
| Fundraising | 1519621 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27379 | BOY |
| EOY | 5869556 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28616476 | BOY |
| EOY | 17017748 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11815022 | BOY |
| EOY | 9031352 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 717964 | BOY |
| EOY | 394530 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40000 | BOY |
| EOY | 20000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 172522 | BOY |
| EOY | 148232 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271523 | BOY |
| EOY | 262089 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 147531946 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34896656 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115223730 | BOY |
| EOY | 112635290 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18534158 | BOY |
| EOY | 36242236 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48380598 | BOY |
| EOY | 50730411 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1264716 | BOY |
| EOY | 1549016 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225064088 | BOY |
| EOY | 233900460 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3571067 | BOY |
| EOY | 3676750 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11186201 | BOY |
| EOY | 11446027 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40425000 | BOY |
| EOY | 40325000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3028000 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3870560 | BOY |
| EOY | 3975916 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62080828 | BOY |
| EOY | 59423693 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138795111 | BOY |
| EOY | 143376181 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5137225 | BOY |
| EOY | 10008609 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19050924 | BOY |
| EOY | 21091977 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162983260 | BOY |
| EOY | 174476767 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225064088 | BOY |
| EOY | 233900460 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5887552 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 5605955 | 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 | 74402682 | BeginningOfYearBalance |
| Contributions | 3352524 | Contributions |
| Investment Earnings Or Losses | 8201857 | InvestmentEarningsOrLosses |
| Other Expenditures | 1970089 | OtherExpenditures |
| End Of Year Balance | 83986974 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 82736143 | BeginningOfYearBalance |
| Contributions | 3991889 | Contributions |
| Investment Earnings Or Losses | 5028243 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 258814 | GrantsOrScholarships |
| Other Expenditures | 17065254 | OtherExpenditures |
| Administrative Expenses | 29525 | AdministrativeExpenses |
| End Of Year Balance | 74402682 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 92784624 | BeginningOfYearBalance |
| Contributions | 2940211 | Contributions |
| Investment Earnings Or Losses | -9334222 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 312060 | GrantsOrScholarships |
| Other Expenditures | 3306635 | OtherExpenditures |
| Administrative Expenses | 35775 | AdministrativeExpenses |
| End Of Year Balance | 82736143 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.71000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.22000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.07000 | 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 | 12404990 | OtherCostOrOtherBasis |
| Book Value | 12404990 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 112832220 | OtherCostOrOtherBasis |
| Depreciation | 24316680 | Depreciation |
| Book Value | 88515540 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12715755 | OtherCostOrOtherBasis |
| Depreciation | 8767689 | Depreciation |
| Book Value | 3948066 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9578981 | OtherCostOrOtherBasis |
| Depreciation | 1812287 | Depreciation |
| Book Value | 7766694 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 112635290 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMODITY STRATEGY FUND | 2733768 | F |
| EQUITY STRATEGY FUND | 29692071 | F |
| MULTI-STRATEGY FUND | 13170711 | F |
| PRIVATE EQUITY LIMITED PARTNERSHIPS | 5133861 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 50730411 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ENROLLMENT DEPOSITS | $3,542,630 |
| ASSET RETIREMENT OBLIGATION | $227,780 |
| UNAMORTIZED BOND PREMIUM | $205,506 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3975916 | TotalOfAmounts |
| Total Revenue | 44446929 | TotalRevenue |
| Total Expenses | 38559377 | TotalExpenses |
| Excess Or Deficit For Year | 5887552 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 5605955 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 5605955 | TotalAdjustments |
| Excess Or Deficit Per FS | 11493507 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 46389481 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5605955 | NetUnrealizedGainsInvestments |
| Other Revenues | 942174 | OtherRevenues |
| Revenue Not Rptd F990 | 6548129 | RevenueNotRptdF990 |
| Revenue Subtotal | 39841352 | RevenueSubtotal |
| Investment Expenses Not Included | 37275 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 4568302 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4605577 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 44446929 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 34895974 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 942174 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 942174 | ExpensesNotRptdF990 |
| Expenses Subtotal | 33953800 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 37275 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 4568302 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4605577 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 38559377 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE SCHOOL'S ENDOWMENT CONSISTS OF OVER 65 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND AMOUNTS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. THE SCHOOL HAS ADOPTED AN INVESTMENT POLICY AND A SPENDING POLICY, APPROVED BY THE SCHOOL'S BOARD OF TRUSTEES. FOR DONOR-RESTRICTED ENDOWMENT ASSETS, THE POLICIES ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO DONOR-RESTRICTED PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE RELATED ENDOWMENT ASSETS. ENDOWMENT ASSETS ARE INVESTED WITH A MODERATE LEVEL OF INVESTMENT RISK IN ACCORDANCE WITH AN ASSET ALLOCATION STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE SCHOOL TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES AN EMPHASIS ON ALTERNATIVE INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE SPENDING POLICY CALLS FOR ANNUAL WITHDRAWALS FROM THE DONOR-RESTRICTED FUNDS FOR DONOR-RESTRICTED PURPOSES CALCULATED AS FOUR PERCENT OF THE AVERAGE MARKET VALUE OF THE DONOR-RESTRICTED FUNDS OVER THE MOST RECENT THREE-YEAR PERIOD. IN ADDITION, THERE ARE ANNUAL WITHDRAWALS FROM BOARD-DESIGNATED FUNDS FOR THE SCHOOL'S LONG TERM DEBT SERVICE. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DETERMINED TO BE AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. CONTRIBUTIONS MADE TO THE SCHOOL ARE QUALIFIED FOR THE MAXIMUM TAX DEDUCTION ALLOWABLE UNDER THE CODE. THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE SCHOOL'S PURPOSE IS SUBJECT TO TAX UNDER INTERNAL REVENUE CODE SECTION 511. THE SCHOOL DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME TAX LIABILITY FOR THE YEARS ENDED JUNE 30, 2011 AND 2010. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES ALLOCATED TO RENTAL INCOME 417,865. COST OF GOODS SOLD 524,309. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST REVENUE 4,568,302. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES ALLOCATED TO RENTAL INCOME 417,865. COST OF GOODS SOLD 524,309. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED AGAINST REVENUE 4,568,302. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | IN ALL OPEN HOUSE ADVERTISEMENTS: NEWSPAPER, BROADCAST AND OTHER MEDIA. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConducted |
| Specific Services Provided | INVESTMENTS IN FOREIGN CORPORATIONS AND PARTNERSHIPS | SpecificServicesProvided |
| Total Expenditures | 44584854 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 44584854 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 44584854 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BENEFIT | NameOfEvent1 |
| Gross Receipts Event1 | 155205 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 125700 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 29505 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 54211 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 16260 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 5902 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 5361 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF OUTING | NameOfEvent2 |
| Gross Receipts Event2 | 130557 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 84550 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 46007 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 67425 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 20000 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 6050 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 267423 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 49884 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 217539 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 6203 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 16019 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 2535 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 158095 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 553185 | GrossReceiptsTotal |
| Charitable Contributions Total | 260134 | CharitableContributionsTotal |
| Gross Revenue Total Events | 293051 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 127839 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 52279 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 8437 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 169506 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 358061 | DirectExpenseSummaryEvents |
| Net Income Summary | -65010 | NetIncomeSummary |
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 63500 | GrossRevenueOtherGaming |
| Other Direct Expenses Other Gaming | 643 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | 1 | VolunteerLaborOtherGaming |
| Volunteer Labor Prcnt Other Gaming | 1.00000 | VolunteerLaborPrcntOtherGaming |
| Gross Revenue Total Gaming | 63500 | GrossRevenueTotalGaming |
| Other Direct Expenses Total Gaming | 643 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 643 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 62857 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | CT | StatesWhereGamingConducted |
| Licensed | 1 | Licensed |
| License Suspended Etc | 0 | LicenseSuspendedEtc |
| Gaming With Nonmembers | 0 | GamingWithNonmembers |
| Member Of Other Entity | 0 | MemberOfOtherEntity |
| Percentage Of Gaming Own Facility | 0.00000 | PercentageOfGamingOwnFacility |
| Percentage Of Gaming Othr Facility | 1.00000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | STEVEN H DUDLEY AS OVERSEER | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SCHOOLS BUSINESS OFFICE 99 MAHER AV | AddressLine1 |
| City | GREENWICH | City |
| State | CT | State |
| ZIP Code | 06830 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | 0 | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | STEVEN H DUDLEY | GamingManagerNamePerson |
| Gaming Manager Services Provided | OVERALL SUPERVISION OF GAMING RAFFLE | GamingManagerServicesProvided |
| Gaming Manager Is Director Officer | X | GamingManagerIsDirectorOfficer |
| Charitable Distrib Required | 0 | CharitableDistribRequired |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | SCHEDULE G, PART III, LINE 9A - GAMING | ReturnReference |
| Explanation | THE SCHOOL'S PARENT ASSOCIATION, AN ALL VOLUNTEER ORGANIZATION WITHIN THE SCHOOL, HELD A RAFFLE AT A SPECIAL EVENT FOR WHICH THE SCHOOL RECEIVED A PERMIT FROM THE STATE OF CONNECTICUT FOR THIS ONE GAMING EVENT. THE SCHOOL DID NOT HOLD ANY OTHER GAMING EVENT DURING THE YEAR AND DOES NOT HOLD A GAMING LICENSE. THE PARENT'S ASSOCIATION MAINTAINED THE BOOKS AND RECORDS FOR THE RAFFLE AND FILED THE REQUIRED STATE REPORT AT ITS CONCLUSION. STEVEN H. DUDLEY, THE SCHOOL'S ASSISTANT HEADMASTER AND DIRECTOR OF FINANCE, OVERSEES THE PARENT ASSOCIATION. | Explanation |
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 | 163 | NumberOfRecipients |
| Amount Of Cash Grant | 4568302 | AmountOfCashGrant |
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 SCHOOL GRANTS FINANCIAL AID AWARDS TO STUDENTS WHO DEMONSTRATE FINANCIAL NEED. STUDENTS SEEKING AID ARE REQUIRED TO COMPLETE THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID (SSS) APPLICATION. THE SCHOOL USES THE ANALYSIS OF SSS IN DETERMINING THE AMOUNT OF EACH STUDENT'S FINANCIAL AID AWARD. THE STUDENT'S TUITION BILL IS REDUCED BY THE AMOUNT OF THE FINANCIAL AID AWARDED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MR THOMAS W PHILIP | |||||||||||||
| 311218 | 0 | 32516 | 0 | 43925 | 0 | 106850 | 0 | 141684 | 0 | 636193 | 0 | 38053 | 0 |
| MR STEVEN H DUDLEY | |||||||||||||
| 228308 | 0 | 0 | 0 | 103603 | 0 | 85631 | 0 | 8864 | 0 | 426406 | 0 | 55701 | 0 |
| MR THOMAS MURRAY | |||||||||||||
| 176547 | 0 | 0 | 0 | 17609 | 0 | 9180 | 0 | 12627 | 0 | 215963 | 0 | 0 | 0 |
| MR SUNIL GUPTA | |||||||||||||
| 133758 | 0 | 0 | 0 | 16230 | 0 | 13351 | 0 | 511 | 0 | 163850 | 0 | 0 | 0 |
| MR DOUGLAS BURDETT | |||||||||||||
| 144688 | 0 | 0 | 0 | 16113 | 0 | 33144 | 0 | 60165 | 0 | 254110 | 0 | 16536 | 0 |
| MR ANDREW HALL | |||||||||||||
| 131797 | 0 | 0 | 0 | 11547 | 0 | 17203 | 0 | 46104 | 0 | 206651 | 0 | 0 | 0 |
| MR TIMOTHY F OSTRYE | |||||||||||||
| 133844 | 0 | 0 | 0 | 516 | 0 | 17767 | 0 | 14529 | 0 | 166656 | 0 | 0 | 0 |
| MR STEPHEN DUENNEBIER | |||||||||||||
| 120985 | 0 | 0 | 0 | 11883 | 0 | 16746 | 0 | 12629 | 0 | 162243 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | HOUSING IS PROVIDED TO THE HEADMASTER AS HE IS REQUIRED TO LIVE ON CAMPUS. THE HOUSING BENEFIT IS PART OF HIS NON-TAXABLE COMPENSATION TOTALING $80,000. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (D). THE FOLLOWING EMPLOYEES RECEIVED A TAXABLE HOUSING BENEFIT. THIS AMOUNT WAS INCLUDED IN SCHEDULE J, PART II, COLUMN (B) III. - STEVEN H. DUDLEY: $24,110 - THOMAS MURRAY: $16,050 - SUNIL GUPTA: $16,050 - ANDREW HALL: $11,367 - DOUGLAS BURDETT: $15,933 - STEPHEN DUENNBIER: $11,367 | |
| PART I, LINE 4B | NONQUALIFIED RETIREMENT PLAN - THE SCHOOL MAINTAINS A 457(F) DEFERRED COMPENSATION PLAN IN WHICH CERTAIN SENIOR EXECUTIVES PARTICIPATE. FUNDED AMOUNTS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. PAYMENTS INCLUDED IN 2010 W-2 WERE AS FOLLOWS: THOMAS W. PHILIP $38,053 STEVEN H. DUDLEY $55,701 DOUGLAS BURDETT $16,536 THESE AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B) III. | |
| PART I, LINE 7 | THE HEADMASTER OF THE SCHOOL, THOMAS W. PHILIP RECEIVED A BONUS OF $32,516 FROM THE ORGANIZATION. THE BONUS WAS BASED ON THE DISCRETION OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE BONUS WAS BASED UPON A REVIEW OF THE HEADMASTER'S PERFORMANCE, AND APPROVED BY THE COMPENSATION COMMITTEE PRIOR TO BEING AWARDED. | |
| PART III | SCHEDULE J, PART II COLUMN D - NONTAXABLE BENEFITS INCLUDE CONTRIBUTIONS TO EMPLOYEE HEALTH AND OTHER BENEFIT PLANS FOR ALL EMPLOYEES, AND TUITION BENEFITS FOR EMPLOYEES WITH CHILDREN ATTENDING PRE-K THROUGH TWELFTH GRADE. | SUPPLEMENTAL INFORMATION |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 060806186 | IssuerEIN |
| CUSIP Number | 20774LZV0 | CUSIPNumber |
| Date Issued | 2003-04-01 | DateIssued |
| Issue Price | 17500000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF NEW CAMPUS | 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 | 17500000 | TotalProceeds |
| Issuance Costs From Proceeds | 727837 | IssuanceCostsFromProceeds |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | 0 | 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 |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 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 | STEVEN H DUDLEY SEE SCHEDULE O | NamePerson |
| Purpose Of Loan | THE LOAN IS PART OF A LONG-TERM COMPENSATION AND RETENTION PROGRAM | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $200,000 | OriginalPrincipalAmount |
| Balance Due | 20000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 20000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LONE PINE CAPITAL LLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | MRS. W. ROBERT DAHL, TRUSTEE OF ORG & SENIOR OFFICER OF LONE PINE CAPITAL | Relationship |
| Amount Of Transaction | 189741 | AmountOfTransaction |
| Description Of Transaction | DURING 2011 AND 2010, LONE PINE CAPITAL, LLC (LPC), AN INVESTMENT COMPANY THAT MANAGES A PORTION OF THE SCHOOL'S INVESTMENT PORTFOLIO TOTALING $6,801,263 AND $6,989,111, RESPECTIVELY, IS AFFILIATED WITH A MEMBER OF THE SCHOOL'S BOARD OF TRUSTEES, MRS. W. ROBERT DAHL. MRS. W. ROBERT DAHL SERVES AS A MANAGING DIRECTOR OF LPC. LPC RECEIVED MANAGEMENT FEES OF $189,741 AND $105,593 DURING 2011 AND 2010, RESPECTIVELY. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE L, PART II AND IV: | Identifier |
| Return Reference | ADDTIONAL INFORMATION | ReturnReference |
| Explanation | FROM TIME TO TIME, MEMBERS OF THE SCHOOL'S BOARD OF TRUSTEES ENTER INTO VARIOUS TRANSACTIONS WITH THE SCHOOL. THESE TRANSACTIONS INCLUDE ASSET MANAGEMENT SERVICES BY ORGANIZATIONS AFFILIATED WITH INDIVIDUAL BOARD MEMBERS. THE SCHOOL BELIEVES THAT ALL SUCH TRANSACTIONS ARE INITIATED ON AN ARM'S LENGTH BASIS.AS PART OF A LONG TERM COMPENSATION AND RETENTION PROGRAM, THE SCHOOL ISSUED A LOAN IN THE ORIGINAL PRINCIPAL SUM OF $200,000 TO A HIGHLY VALUED AND LONG STANDING SENIOR OFFICER AND EMPLOYEE OF THE SCHOOL. THE LOAN IS SECURED BY A MORTGAGE ON A RESIDENCE. THE ANNUAL AMOUNT FORGIVEN IS INCLUDED AS COMPENSATION EXPENSE EACH YEAR. THE TOTAL AMOUNT OF THE LOAN OUTSTANDING WAS $20,000 AND $40,000 AT JUNE 30, 2011 AND 2010, RESPECTIVELY, AND IS INCLUDED IN OTHER RECEIVABLES IN THE ORGANIZATIONS'S FINANCIAL STATEMENTS. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 47 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1679436 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV AT TIME OF DONATION | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| 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 SCHOOL HAS AN ACCOUNT AT UBS TO HANDLE ALL GIFTS OF PUBLICLY TRADED SECURITIES. THE SCHOOL'S INSTRUCTIONS TO UBS IS TO SELL ALL SECURITIES IMMEDIATELY AND TRANSFER THE PROCEEDS AS DIRECTED BY MANAGEMENT. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHOOL'S MISSION | FORM 990, PART III, LINE 1 | BRUNSWICK SCHOOL, INC. (THE SCHOOL) IS A NOT FOR PROFIT DAY SCHOOL, FOUNDED IN 1902, FOR BOYS IN PRE KINDERGARTEN THROUGH TWELFTH GRADE. THE SCHOOL, WHICH IS LOCATED IN GREENWICH, CONNECTICUT, IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. THE PURPOSE OF THE SCHOOL IS TO EDUCATE THE "WHOLE BOY". IT WILL DO SO BY HELPING BOYS AND YOUNG MEN - WITHOUT REGARD TO CULTURE, ETHNICITY OR RELIGION - ACQUIRE THE PERSONAL, INTELLECTUAL AND PHYSICAL TRAINING THAT WILL BEST ENABLE THEM TO GROW INTO RESPONSIBLE ADULTS WHO CAN MAKE SIGNIFICANT AND LASTING CONTRIBUTIONS TO SOCIETY. SINCE 1902, BRUNSWICK SCHOOL HAS BEEN, IN THE WORDS OF GEORGE CARMICHAEL, ITS FOUNDER, "ABLY AND GENEROUSLY PREPARING BOYS FOR LIFE." THROUGH A RICH AND RIGOROUS COLLEGE PREPARATORY CURRICULUM, THE SCHOOL STRIVES FOR THE FULLEST INTELLECTUAL DEVELOPMENT OF EVERY YOUNG MAN. THE SCHOOL'S ACADEMIC PROGRAMS SEEK TO INSTILL IN EACH STUDENT A DESIRE TO LEARN, TO CHALLENGE EACH BOY TO FULFILL HIS OWN UNIQUE POTENTIAL, TO FOSTER CRITICAL THINKING SKILLS AND TO DEVELOP THE CREATIVE AND INDEPENDENT QUALITIES OF MIND NECESSARY TO INTELLECTUAL MATURITY AND INCREASED SELF-CONFIDENCE. THE SCHOOL ALSO BELIEVES THAT A COMPLETE EDUCATION MUST INCLUDE LESSONS THAT TAKE PLACE OUTSIDE THE CLASSROOM. THROUGH ATHLETICS, ARTS AND SERVICE TO THE COMMUNITY, EVERY STUDENT IS ENCOURAGED TO DEVELOP HIS TALENTS TO THE FULLEST, TO UNDERSTAND THE OBLIGATION TO SHARE THEM GENEROUSLY, TO TAKE RISKS TO ENSURE GROWTH AND TO REFUSE TO ACCEPT NARROW DEFINITION OF HIMSELF. AND AS ITS YOUNG MEN GROW IN AN ATMOSPHERE OF TRUST, CARE AND MUTUAL RESPECT, THE SCHOOL ACCEPTS THAT ITS OVERRIDING OBJECTIVE IS TO FOSTER THE DEVELOPMENT OF STRONG CHARACTER. THE SCHOOL STRIVES TO INSTILL IN ITS STUDENTS THE VALUES OF HONESTY, INTEGRITY, COMPASSION AND TOLERANCE AND TO DEVELOP IN EACH STUDENT A SENSE OF RESPONSIBILITY TO HIMSELF, TO THOSE AROUND HIM, TO THE SCHOOL COMMUNITY AND TO THE GREATER SOCIETY. THE SCHOOL BELIEVES, ABOVE ALL ELSE, THAT IT IS THE STRENGTH OF A YOUNG MAN'S CHARACTER AND THE DEPTH OF HIS SPIRIT THAT DETERMINE AND DEFINE ALL GENUINE AND LASTING SUCCESS. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING ARE THE OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES OF THE SCHOOL THAT HAVE A FAMILY RELATIONSHIP OR A BUSINESS RELATIONSHIP WITH ANOTHER OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE: BUSINESS RELATIONSHIP: MR. SANJEEV K. MEHRA MR. TRACY R. WOLSTENCROFT MR. JOHN WEINBERG FAMILY & BUSINESS RELATIONSHIP: MR. IAN C. MURRAY MR. SHEPHERD MURRAY | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE TREASURER OF THE BOARD OF TRUSTEES WILL REVIEW THE ANNUAL FORM 990 RETURN PRIOR TO FILING. THIS REVIEW WILL BE NOTED AS AN AGENDA ITEM AT BOTH AN AUDIT/FINANCE COMMITTEE MEETING AND A BOARD OF TRUSTEE MEETING AND WILL BE DULY NOTED IN THE MINUTES. THE COMPLETED FORM 990 WILL BE MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES RECEIVE A COPY OF THE FORM 990 EITHER ELECTRONICALLY OR IN PAPER FORM, PER THEIR REQUEST OF THE BUSINESS OFFICE OR TREASURER. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH NEW PERSON SERVING AS A TRUSTEE, OFFICER OR KEY EMPLOYEE OF BRUNSWICK SCHOOL IS REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH PERSON SERVING AS A TRUSTEE, OFFICER OR KEY EMPLOYEE OF BRUNSWICK SCHOOL SHALL ANNUALLY COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM, IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE PERSON AND/OR HIS OR HER IMMEDIATE FAMILY IS INVOLVED THAT HE OR SHE BELIEVES COULD GIVE RISE TO A CONFLICT OF INTEREST. THE CHAIR OF THE BOARD OF TRUSTEES AND THE HEADMASTER SHALL REVIEW EACH DISCLOSURE FORM AND DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST IT SHALL BE DISCLOSED TO THE BOARD OF TRUSTEES, OR ITS AUDIT AND FINANCE COMMITTEE, AND MADE A MATTER OF RECORD THROUGH AN APPROVED PROCEDURE. THE PRIOR APPROVAL OF THE BOARD OF TRUSTEES OR AUDIT AND FINANCE COMMITTEE SHALL BE REQUIRED FOR ANY BUSINESS ARRANGEMENT OR TRANSACTION INVOLVING A TRUSTEE OR KEY EMPLOYEE WHICH MAY CONSTITUTE A CONFLICT OF INTEREST. APPROVAL SHALL BE GRANTED ONLY IF THE ARRANGEMENT OR TRANSACTION IS FULLY DISCLOSED AND IS DETERMINED TO BE ON TERMS WHICH ARE FAIR TO AND IN THE BEST INTERESTS OF BRUNSWICK SCHOOL. ANY TRUSTEE HAVING A CONFLICT OF INTEREST SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE BOARD OR COMMITTEE MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (COMPRISED OF TRUSTEES WITH NO CONFLICT OF INTEREST WITH REGARD TO INDIVIDUALS UNDER REVIEW) HIRES A CONSULTANT EVERY OTHER YEAR TO REVIEW COMPARABLE PACKAGES FOR THE HEADMASTER AND ASSISTANT HEADMASTER/DIRECTOR OF FINANCE. THE CONSULTANT PRESENTS DATA FOR COMPARABLE POSITIONS BOTH LOCALLY AND NATIONALLY AND THE COMPENSATION COMMITTEE MAKES THE FINAL DECISION FOR THE SALARY PACKAGE OVER THE 2-YEAR TIME FRAME, ASSUMING CONTINUATION OF EMPLOYMENT. THIS PROCESS WAS LAST DONE IN 2010. THE HEADMASTER DETERMINES THE COMPENSATION OF KEY EMPLOYEES BASED ON EXPERIENCE, CURRENT PERFORMANCE AND COMPARABLE LOCAL AND NATIONAL POSITIONS USING FAIRCHESTER AND NAIS STATISTICS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, THE FEDERAL FORM 990 WHICH INCLUDES FINANCIAL AND OTHER DISCLOSURES IS AVAILABLE ON GUIDESTAR. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 5,605,955. |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| BRUNSWICK SCHOOL HOLDINGS LLC | |||||||||
| 100 MAHER AVENUE | GREENWICH | CT | 068305618 | 060646562 | FACULTY HOUSING | CT | 12960 | 1860171 | BRUNSWICK SCHOOL INC |
| BRUNSWICK SCHOOL HOLDINGS I LLC | |||||||||
| 100 MAHER AVENUE | GREENWICH | CT | 068305618 | 060646562 | ATHLETIC FACILITY | CT | 144673 | 3122467 | BRUNSWICK SCHOOL INC |
| BRUNSWICK SCHOOL HOLDINGS II LLC | |||||||||
| 100 MAHER AVENUE | GREENWICH | CT | 068305618 | 060646562 | FACULTY HOUSING | CT | 52200 | 5850157 | BRUNSWICK SCHOOL INC |