THE HUN SCHOOL OF PRINCETON: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE HUN SCHOOL OF PRINCETON (EIN 21-0639868)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-03
- IRS object ID
- 201221259349300832
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-03T13:57:49-05:00 | 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 | MERCADIEN PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7648 | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 085437648 | 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 | 210639868 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HUN SCHOOL OF PRINCETON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HUNS | NameControl |
| Phone | 6099217600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 176 EDGERSTOUNE ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD FLECK | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6099210903 | Phone |
| Date Signed | 2012-05-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARGUERITE L MOUNT CPA | Name |
| Phone | 6096899700 | 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 | RICHARD FLECK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 176 EDGERSTOUNE ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 38872918 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HUNSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1943 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES; HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 31 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 261 | TotalNbrEmployees |
| Total Nbr Volunteers | 900 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1105373 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1660758 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 21156626 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 22100735 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 574472 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1822847 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 573329 | OtherRevenuePriorYear |
| Other Revenue Current Year | 496253 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 23409800 | TotalRevenuePriorYear |
| Total Revenue Current Year | 26080593 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3025966 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3533746 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 13094257 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 13990711 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1099175 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8509308 | OtherExpensePriorYear |
| Other Expenses Current Year | 8284127 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 24629531 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25808584 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1219731 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 272009 | RevenuesLessExpensesCY |
| Total Assets BOY | 48454117 | TotalAssetsBOY |
| Total Assets EOY | 47801973 | TotalAssetsEOY |
| Total Liabilities BOY | 26479597 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 25201450 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 21974520 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 22600523 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES; HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 20919911 | Expense |
| Grants | 3533746 | Grants |
| Revenue | 22401501 | Revenue |
| Description | COLLEGE - PREPARATORY SECONDARY EDUCATION (GRADES 6-12) CONSTITUTES THE ONLY PROGRAM SERVICE OF THE SCHOOL. | Description |
| Total Program Service Expense | 20919911 | 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 | 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 | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | 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 | 78 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 261 | 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 | 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 | 31 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEFANIE CONNELL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6099217600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 176 EDGERSTOUNE ROAD | AddressLine1 |
| City | PRINCETON | City |
| State | NJ | State |
| ZIP Code | 08540 | 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 | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| PATRICK RYAN | |||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| KENNETH A BERLIN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SHEILAGH MESCAL GUNSTENSEN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| LYNN M BREEN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JANET DILLIONE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS GALLAGHER | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL GUADAGNO | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| KAREN HOUSE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JOHN KEFFER | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| EDWIN LLOYD | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JOHN PLACE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SHERYL PUNIA | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ERIC ROSENBLUM | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| BETSY SANDS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| NICHOLAS SCOZZARI | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| LAURA SNOOK | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| KENNETH STODDARD | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JONATHAN STONE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| BARRY SUSSMAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS HORWICH | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS VALERI | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ALFRED LEACH | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| HUGH HURLEY | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| EMILY GOLDMAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MORDECHAI ROZANSKI | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| PETER BLACK | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SCOTT LANDIS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| KEVIN TYLUS | |||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| LESLIE FLORIO | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| RICHARD GOLDMAN | |||||||
| CORPORATE SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| JONATHAN BROUGHAM | |||||||
| HEADMASTER | 40.00 | X | X | 225047 | 0 | 125702 | |
| WILLIAM MCQUADE | |||||||
| HEAD OF UPPER SCHOOL | 40.00 | 127215 | 0 | 49008 | X | ||
| KATHARIN KIEFER | |||||||
| DEAN OF FACULTY | 40.00 | 121436 | 0 | 47818 | X | ||
| J MICHAEL CHAYKOWSKY | |||||||
| DIR. OF FACILITIES | 40.00 | 110465 | 0 | 69021 | X | ||
| MARY ANN FOX | |||||||
| HEAD LIBRARIAN, DIR.OF INT | 40.00 | 102805 | 0 | 36648 | X | ||
| WILLIAM LONG | |||||||
| EMPLOYEE | 40.00 | 102134 | 0 | 41799 | X | ||
| RICHARD FLECK | |||||||
| ASST. SECRETARY/CFO | 40.00 | X | 167357 | 0 | 65608 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 956459 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 435604 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| THE BRICKMAN GROUP LLC | |||||
| 3630 SOLUTIONS CENTER | CHICAGO | IL | 60677 | LANDSCAPING | 234671 |
| DOROTHEA GANOP SEASONED TRAVEL | |||||
| 4 BRICK YARD TRAVEL | CRANBURY | NJ | 08512 | TRAVEL AGENCY | 222186 |
| DRINKER BIDDLE & REATH LLP | |||||
| 105 COLLEGE ROAD EAST SUITE 300 P | PRINCETON | NJ | 08542 | LEGAL | 137987 |
| H2L2 ARCHITECTSPLANNERS LLC | |||||
| 714 MARKET STREET SUITE 600 | PHILADELPHIA | PA | 19106 | ARCHITECT/DESIGN | 114408 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Fundraising Events | 7615 | FundraisingEvents |
| All Other Contributions | 1653143 | AllOtherContributions |
| Noncash Contributions | 28182 | NoncashContributions |
| Total Contributions | 1660758 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 900099 | 21229068 | 21229068 |
| SUMMER TUITION | 900099 | 753961 | 753961 |
| STUDENT FEES | 900099 | 117706 | 117706 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 22100735 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 409969 | TotalRevenueColumn |
| Exclusion | $409,969 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 120723 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 34355 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 86368 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 86368 | TotalRevenueColumn |
| Related Or Exempt Function Income | 86368 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13711979 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12299101 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1412878 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1412878 | TotalRevenueColumn |
| Exclusion | $1,412,878 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 276535 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 7615 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 80850 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 195685 | TotalRevenueColumn |
| Exclusion | $195,685 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 377821 | GrossSalesOfInventory |
| Cost Of Goods Sold | 378019 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -198 | TotalRevenueColumn |
| Exclusion | -$198 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | 157925 | 157925 |
| SNACK BAR | 900099 | 56473 | 56473 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 214398 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26080593 | TotalRevenueColumn |
| Related Or Exempt Function Income | 22401501 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,018,334 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3533746 | Total |
| Program Services | 3533746 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553718 | Total |
| Program Services | 279899 | ProgramServices |
| Management And General | 241743 | ManagementAndGeneral |
| Fundraising | 32076 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9345382 | Total |
| Program Services | 7084977 | ProgramServices |
| Management And General | 1721682 | ManagementAndGeneral |
| Fundraising | 538723 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 626582 | Total |
| Program Services | 475796 | ProgramServices |
| Management And General | 114665 | ManagementAndGeneral |
| Fundraising | 36121 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2719901 | Total |
| Program Services | 2064148 | ProgramServices |
| Management And General | 499276 | ManagementAndGeneral |
| Fundraising | 156477 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 745128 | Total |
| Program Services | 557194 | ProgramServices |
| Management And General | 144989 | ManagementAndGeneral |
| Fundraising | 42945 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32768 | Total |
| Program Services | 32768 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68668 | Total |
| Program Services | 68668 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320010 | Total |
| Program Services | 277881 | ProgramServices |
| Management And General | 13056 | ManagementAndGeneral |
| Fundraising | 29073 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85017 | Total |
| Program Services | 85017 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 800233 | Total |
| Program Services | 599193 | ProgramServices |
| Management And General | 166577 | ManagementAndGeneral |
| Fundraising | 34463 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 618749 | Total |
| Program Services | 618749 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52291 | Total |
| Program Services | 26293 | ProgramServices |
| Management And General | 5432 | ManagementAndGeneral |
| Fundraising | 20566 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70242 | Total |
| Program Services | 67229 | ProgramServices |
| Management And General | 2025 | ManagementAndGeneral |
| Fundraising | 988 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 845572 | Total |
| Program Services | 634179 | ProgramServices |
| Management And General | 211393 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1773561 | Total |
| Program Services | 1514453 | ProgramServices |
| Management And General | 259108 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180856 | Total |
| Program Services | 163642 | ProgramServices |
| Management And General | 17214 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BUILDING CARE AND MAINT | 1074284 | 890829 | 135667 | 47788 |
| MISCELLANEOUS | 886945 | 642500 | 159735 | 84710 |
| FOOD SERVICE | 558700 | 558700 | ||
| COMPUTER SERVICES | 261818 | 244629 | 17189 | |
| OTHER | 223111 | 156192 | 66919 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 431302 | Total |
| Program Services | 343229 | ProgramServices |
| Management And General | 12828 | ManagementAndGeneral |
| Fundraising | 75245 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25808584 | Total |
| Program Services | 20919911 | ProgramServices |
| Management And General | 3789498 | ManagementAndGeneral |
| Fundraising | 1099175 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5917 | BOY |
| EOY | 15071 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4631804 | BOY |
| EOY | 3072279 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194267 | BOY |
| EOY | 694113 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 326023 | BOY |
| EOY | 404171 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169492 | BOY |
| EOY | 167801 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 866457 | BOY |
| EOY | 628316 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 47394609 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 20049751 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28459334 | BOY |
| EOY | 27344858 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13578693 | BOY |
| EOY | 14922287 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 222130 | BOY |
| EOY | 553077 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48454117 | BOY |
| EOY | 47801973 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2300269 | BOY |
| EOY | 2263282 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4852931 | BOY |
| EOY | 3501578 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15318226 | BOY |
| EOY | 14844355 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4008171 | BOY |
| EOY | 4592235 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26479597 | BOY |
| EOY | 25201450 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15203667 | BOY |
| EOY | 15463358 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 20000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6770853 | BOY |
| EOY | 7117165 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21974520 | BOY |
| EOY | 22600523 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48454117 | BOY |
| EOY | 47801973 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 272009 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 353994 | 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 | 10055746 | BeginningOfYearBalance |
| Contributions | 382739 | Contributions |
| Investment Earnings Or Losses | 1186105 | InvestmentEarningsOrLosses |
| Administrative Expenses | 114201 | AdministrativeExpenses |
| End Of Year Balance | 11510389 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8988099 | BeginningOfYearBalance |
| Contributions | 468498 | Contributions |
| Investment Earnings Or Losses | 692566 | InvestmentEarningsOrLosses |
| Administrative Expenses | 93417 | AdministrativeExpenses |
| End Of Year Balance | 10055746 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11803262 | BeginningOfYearBalance |
| Contributions | 273259 | Contributions |
| Investment Earnings Or Losses | -2990141 | InvestmentEarningsOrLosses |
| Administrative Expenses | 98281 | AdministrativeExpenses |
| End Of Year Balance | 8988099 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.38170 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.61830 | PermanentEndowmentEOYBalance |
| 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 | 23749 | OtherCostOrOtherBasis |
| Book Value | 23749 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41915189 | OtherCostOrOtherBasis |
| Depreciation | 15727066 | Depreciation |
| Book Value | 26188123 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5046583 | OtherCostOrOtherBasis |
| Depreciation | 4250925 | Depreciation |
| Book Value | 795658 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 409088 | OtherCostOrOtherBasis |
| Depreciation | 71760 | Depreciation |
| Book Value | 337328 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 27344858 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS | Description |
| Book Value | 14922287 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14922287 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT DEPOSITS | $689,722 |
| ACCRUED POST RETIREMENT BENEFITS | $2,305,601 |
| INTEREST RATE SWAP | $1,596,912 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4592235 | TotalOfAmounts |
| Total Revenue | 26080593 | TotalRevenue |
| Total Expenses | 25808584 | TotalExpenses |
| Excess Or Deficit For Year | 272009 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 534227 | NetUnrealizedGLOnInvestments |
| Other | -$180,233 | OtherAmount |
| Total Adjustments | 353994 | TotalAdjustments |
| Excess Or Deficit Per FS | 626003 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 23513113 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 534227 | NetUnrealizedGainsInvestments |
| Other Revenues | -3189250 | OtherRevenues |
| Revenue Not Rptd F990 | -2655023 | RevenueNotRptdF990 |
| Revenue Subtotal | 26168136 | RevenueSubtotal |
| Other Revenues Not Included | -87543 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -87543 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 26080593 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22887110 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 644926 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 644926 | ExpensesNotRptdF990 |
| Expenses Subtotal | 22242184 | ExpensesSubtotal |
| Other Expenses Not Included | 3566400 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3566400 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 25808584 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | AS DESIGNATED BY THE DONOR FOR PERMANENTLY RESTRICTED; AND AS DESIGNATED BY THE BOARD FOR BOARD RESTRICTED |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS FOR UNCERTAINTIES WITH RESPECT TO THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED JUNE 30, 2011, AND HAS DETERMINED THAT NO LIABILITY EXISTS FOR UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2007. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAP -180,233. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID -3,566,400. SPECIAL EVENTS EXPENSES 81,006. COST OF GOODS SOLD 296,144. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTERFUND INTEREST -87,543. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSES 81,006. COST OF GOODS SOLD 296,144. NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAP 180,233. INTERFUND INTEREST 87,543. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 3,566,400. |
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 POLICY IS INCLUDED IN BROCHURES, CATALOGUES AND WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. IN CONJUNCTION WITH NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS AND THE ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS, WE PLACE ADS STATING OUR NONDISCRIMINATORY POLICY IN AREA NEWSPAPERS. WE HAVE PLACED ADS IN THE STAR LEDGER, THE PHILADELPHIA INQUIRER AND THE PHILADELPHIA DAILY NEWS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FALL GALA | NameOfEvent1 |
| Gross Receipts Event1 | 146895 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 6565 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 140330 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 30502 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF & TENNIS OUTING | NameOfEvent2 |
| Gross Receipts Event2 | 124030 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 1050 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 122980 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 39602 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 13225 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 13225 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Other Direct Expenses Other Events | 10746 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 284150 | GrossReceiptsTotal |
| Charitable Contributions Total | 7615 | CharitableContributionsTotal |
| Gross Revenue Total Events | 276535 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 80850 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 80850 | DirectExpenseSummaryEvents |
| Net Income Summary | 195685 | 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 AND TUITION REMISSION | TypeOfGrant |
| Number Of Recipients | 168 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 3533746 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | FINANCIAL AID IS A REDUCTION OF STUDENT TUITION | 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 SCHOOL ESTABLISHED A COMMITTEE TO REVIEW APPLICATIONS AND AWARD FINANCIAL AID BASED ON NEED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JONATHAN BROUGHAM | |||||||||||||
| 225047 | 0 | 0 | 0 | 0 | 0 | 16876 | 0 | 108826 | 0 | 350749 | 0 | 0 | 0 |
| WILLIAM MCQUADE | |||||||||||||
| 127215 | 0 | 0 | 0 | 0 | 0 | 15266 | 0 | 33742 | 0 | 176223 | 0 | 0 | 0 |
| KATHARIN KIEFER | |||||||||||||
| 121436 | 0 | 0 | 0 | 0 | 0 | 14572 | 0 | 33246 | 0 | 169254 | 0 | 0 | 0 |
| J MICHAEL CHAYKOWSKY | |||||||||||||
| 110465 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69021 | 0 | 179486 | 0 | 0 | 0 |
| RICHARD FLECK | |||||||||||||
| 167357 | 0 | 0 | 0 | 0 | 0 | 12552 | 0 | 53056 | 0 | 232965 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE HEADMASTER IS REQUIRED TO LIVE ON SCHOOL GROUNDS. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 222045817 | IssuerEIN |
| CUSIP Number | 645916W45 | CUSIPNumber |
| Date Issued | 2004-11-15 | DateIssued |
| Issue Price | 16745000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF PREMISES | 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 | 21944562 | TotalProceeds |
| Issuance Costs From Proceeds | 220763 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 69374 | WorkingCapitalExpenditures |
| Capital Expenditures | 16745000 | CapitalExpenditures |
| Year Of Subst Completion | 2007 | 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 |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PNC BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 23.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | JULIANNA BELLO | NameOfInterestedPerson |
| Relationship With Organization | DAUGHTER OF A CONTRIBUTOR TO THE SCHOOL | RelationshipWithOrganization |
| Amount Of Grant | 29385 | AmountOfGrant |
| Type Of Assistance | RECEIVED A MERIT SCHOLARSHIP BASED ON ACADEMIC MERIT, NOT FINANICAL NEED. | TypeOfAssistance |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 28182 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV ON DATE OF DONATION | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION WAS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING THE RETURN. | |
| ANNUALLY, BOARD MEMBERS REVIEW THE SCHOOL'S CONFLICT OF INTEREST POLICY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE HEADMASTER RECEIVES AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES FOR PERFORMANCE THROUGHOUT THE FISCAL YEAR. THE HEADMASTER HAS A 3 YEAR CONTRACT THAT OUTLINES POTENTIAL SALARY INCREASES AND THE BOARD WILL DETERMINE IF AN INCREASE IS APPROPRIATE BASED ON THEIR REVIEW. OTHER OFFICERS AND KEY EMPLOYEES RECEIVE ANNUAL REVIEWS BY THE HEADMASTER. THE BOARD WILL REVIEW THE HEADMASTER'S REVIEW AND RECOMMENDATION OF OTHER OFFICERS AND KEY EMPLOYEES AND THEY WILL DETERMINE THE APPROPRIATE COMPENSATION ADJUSTMENTS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| FORM 990 IS AVAILABLE UPON REQUEST TO THE ORGANIZATION. | FORM 990, PART VI, SECTION C, LINE 18 | |
| THE ORGANIZATION MAKES ALL OF THEIR GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 534,227. NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAP -180,233. TOTAL TO FORM 990, PART XI, LINE 5: 353,994. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION HAS A FINANCE COMMITTEE THAT REVIEW THE AUDITED FINANCIAL STATEMENT BY THE INDEPENDENT AUDITORS. | PART XI, LINE 2C | |
| HEDGE TERMS | THE SCHOOL HAS AN INTEREST RATE SWAP ASSOCIATED WITH THE EDA BOND. THE FIXED RATE ON THE SWAP IS 4.525% WITH THE FLOATING RATE OPTION BASED ON THE USD-SIFMA MUNICIPAL SWAP INDEX. | FORM 990, SCHEDULE K, PART IV, LINE 3C |