MADEIRA SCHOOL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MADEIRA SCHOOL INC (EIN 54-0505925)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-16
- IRS object ID
- 201230769349301003
- Schema version
- 2010v3.7
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-16T17:50:50-05:00 | 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 | REGARDIE BROOKS & LEWIS CHTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVENUE SUITE 1012 | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 208144805 | 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 | 540505925 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MADEIRA SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MADE | NameControl |
| Phone | 7035568241 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8328 GEORGETOWN PIKE | AddressLine1 |
| City | MCLEAN | City |
| State | VA | State |
| ZIP Code | 221021203 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRAUGHN TAYLOR PHD | Name |
| Title | TREASURER | Title |
| Phone | 7035568241 | Phone |
| Date Signed | 2011-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3016549000 | 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 | H BRAUGHN TAYLOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8328 GEORGETOWN PIKE | AddressLine1 |
| City | MCLEAN | City |
| State | VA | State |
| ZIP Code | 221021203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 32606996 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MADEIRA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1906 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | MADEIRA IS A GIRLS SCHOOL BY DESIGN WHERE EVERY ASPECT OF ACADEMIC, SOCIAL AND ATHLETIC LIFE IS DIRECTED TOWARD EDUCATING THE NEXT GENERATION OF YOUNG WOMEN FOR LEADERSHIP. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 304 | TotalNbrEmployees |
| Total Nbr Volunteers | 250 | TotalNbrVolunteers |
| Total Gross UBI | 88091 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -314043 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5795758 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5728757 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15202849 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15644585 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1198829 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2399720 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 22197436 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23773062 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2529166 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2457067 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9262624 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9422082 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1294614 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9218492 | OtherExpensePriorYear |
| Other Expenses Current Year | 9571942 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 21010282 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21451091 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1187154 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2321971 | RevenuesLessExpensesCY |
| Total Assets BOY | 117424378 | TotalAssetsBOY |
| Total Assets EOY | 124001575 | TotalAssetsEOY |
| Total Liabilities BOY | 36126515 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 35165296 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 81297863 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 88836279 | NetAssetsOrFundBalancesEOY |
| Mission Description | EDUCATION - FOUNDED IN 1906, MADEIRA IS A BOARDING AND DAY COLLEGE PREPARATORY SCHOOL FOR GIRLS IN GRADES NINE THROUGH TWELVE. MADEIRA IS A GIRLS SCHOOL BY DESIGN WHERE EVERY ASPECT OF ACADEMIC, SOCIAL AND ATHLETIC LIFE IS DIRECTED TOWARD EDUCATING THE NEXT GENERATION OF YOUNG WOMEN FOR LEADERSHIP. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 17154607 | Expense |
| Grants | 2457067 | Grants |
| Revenue | 15644585 | Revenue |
| Description | BOARDING SCHOOL FOR GIRLS PROVIDING HIGH SCHOOL EDUCATION (303 STUDENTS) | Description |
| Total Program Service Expense | 17154607 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 52 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 304 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRAUGHN TAYLOR TREASURER | NamePerson |
| Telephone Number | 7035568241 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THE MADEIRA SCHOOL | AddressLine1 |
| City | MCLEAN | City |
| State | VA | State |
| ZIP Code | 221021203 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 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 |
|---|---|---|---|---|---|---|---|---|
| Jane Lawson-Bell | ||||||||
| President | 3.0 | X | X | 0 | 0 | 0 | ||
| Benton Burroughs | ||||||||
| Vice President | 3.0 | X | X | 0 | 0 | 0 | ||
| Nancy Montgomery | ||||||||
| Vice President | 3.0 | X | X | 0 | 0 | 0 | ||
| Misti Mukherjee | ||||||||
| Secretary | 3.0 | X | X | 0 | 0 | 0 | ||
| Pilar Cabeza de Vaca | ||||||||
| Head of School | 40.0 | X | X | 119885 | 0 | 29179 | ||
| Kimberly Darden | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Frances von Stade Downing | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Robert K Harriman | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Melissa Landau | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Lori Parker | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Jean Ann Stewart Banker | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Tamera Smith Brown | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Carolyn Alford Cason | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Catherine Harris Shraga | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Linda Clark Waterman | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| G Cabell Williams III | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Elizabeth A M Hewitt | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Katherine Armstrong | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Katharine Beal Davis | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Arthur Dean | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Mona Touma Elliot | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Susan Kristol | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| David Parks | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Clark Ragsdale | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Anne B Skae | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Peggy Styer | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Betsy Licht Turner | ||||||||
| Director | 3.0 | X | 0 | 0 | 0 | |||
| Braughn Taylor | ||||||||
| Treasurer/CFO | 40.0 | X | 180691 | 0 | 28072 | X | ||
| Ann Deegan | ||||||||
| Assistant Treasurer/Controller | 40.0 | X | 91648 | 0 | 19596 | |||
| Meredyth Cole | ||||||||
| Assistant Secretary | 40.0 | X | 114851 | 0 | 74814 | X | ||
| Priscilla Payne Hurd | ||||||||
| Director Emerita | 3.0 | X | 0 | 0 | 0 | |||
| Elizabeth Griffith | ||||||||
| Former Head of School | 40.0 | X | 479393 | 0 | 28757 | X | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 986468 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 180418 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PRITCHARD INDUSTRIES INC | |||||
| 147 COLOMBIA TURNPIKE SUITE 311 | FLORHAM PARK | NJ | 07932 | CLEANING SERVICES | 478058 |
| THE WHITING TURNER CONTRACTING CO | |||||
| PO BOX 17596 | BALTIMORE | MD | 21297 | CONSTRUCTION | 3342786 |
| SODEXHO INC AFFILIATES | |||||
| 9801 WASHINGTON BOULEVARD | GAITHERSBURG | MD | 20878 | FOOD SERVICE | 518651 |
| GREAT FALLS CONSTRUCTION | |||||
| 1032 COLVIN RUN ROAD SUITE G | GREAT FALLS | VA | 22066 | CONSTRUCTION | 473915 |
| EXCEL HOMES LLC | |||||
| 10642 S SUSQUEHANNA TRAIL | LIVERPOOL | PA | 17045 | CONSTRUCTION | 331885 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| All Other Contributions | 5728757 | AllOtherContributions |
| Noncash Contributions | 1438671 | NoncashContributions |
| Total Contributions | 5728757 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & BOARD | 900099 | 13429280 | 13429280 | |
| AUXILIARY ACTIVITIES | 900099 | 2215305 | 2127214 | 88091 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15644585 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1145392 | TotalRevenueColumn |
| Exclusion | $1,145,392 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10088262 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8833934 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1254328 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1254328 | TotalRevenueColumn |
| Exclusion | $1,254,328 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23773062 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15556494 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 88091 | UnrelatedBusinessRevenue |
| Exclusion | $2,399,720 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2457067 | Total |
| Program Services | 2457067 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 819141 | Total |
| Management And General | 819141 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7042417 | Total |
| Program Services | 5496676 | ProgramServices |
| Management And General | 963021 | ManagementAndGeneral |
| Fundraising | 582720 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 503648 | Total |
| Program Services | 399058 | ProgramServices |
| Management And General | 60688 | ManagementAndGeneral |
| Fundraising | 43902 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 504115 | Total |
| Program Services | 453223 | ProgramServices |
| Fundraising | 50892 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 552761 | Total |
| Program Services | 401760 | ProgramServices |
| Management And General | 108020 | ManagementAndGeneral |
| Fundraising | 42981 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56486 | Total |
| Management And General | 56486 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62888 | Total |
| Management And General | 62888 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241305 | Total |
| Management And General | 241305 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4014270 | Total |
| Program Services | 3680664 | ProgramServices |
| Management And General | 127469 | ManagementAndGeneral |
| Fundraising | 206137 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1218711 | Total |
| Program Services | 765190 | ProgramServices |
| Management And General | 156952 | ManagementAndGeneral |
| Fundraising | 296569 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91595 | Total |
| Program Services | 91595 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1915357 | Total |
| Program Services | 1915357 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163615 | Total |
| Program Services | 86349 | ProgramServices |
| Management And General | 18937 | ManagementAndGeneral |
| Fundraising | 58329 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31752 | Total |
| Management And General | 31752 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1094854 | Total |
| Program Services | 1094854 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219138 | Total |
| Program Services | 40231 | ProgramServices |
| Management And General | 178907 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER MGT & GENERAL COSTS | 195931 | 114924 | 81007 | |
| PROFESSIONAL DEVELOPMENT | 266040 | 157659 | 95297 | 13084 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21451091 | Total |
| Program Services | 17154607 | ProgramServices |
| Management And General | 3001870 | ManagementAndGeneral |
| Fundraising | 1294614 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20123781 | BOY |
| EOY | 19036927 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6074224 | BOY |
| EOY | 2312784 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1864773 | BOY |
| EOY | 1183472 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111447 | BOY |
| EOY | 133684 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 435371 | BOY |
| EOY | 367637 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 51134860 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 13518333 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32887279 | BOY |
| EOY | 37616527 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29650747 | BOY |
| EOY | 36583119 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17607997 | BOY |
| EOY | 19968496 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8668759 | BOY |
| EOY | 6798929 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117424378 | BOY |
| EOY | 124001575 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1964131 | BOY |
| EOY | 1783648 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8519354 | BOY |
| EOY | 8519178 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19490000 | BOY |
| EOY | 18965000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3589579 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3769579 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2563451 | BOY |
| EOY | 2127891 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36126515 | BOY |
| EOY | 35165296 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26629132 | BOY |
| EOY | 30568301 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13278253 | BOY |
| EOY | 16161050 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41390478 | BOY |
| EOY | 42106928 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81297863 | BOY |
| EOY | 88836279 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117424378 | BOY |
| EOY | 124001575 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2321971 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 5216445 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 45674407 | BeginningOfYearBalance |
| Contributions | 1602367 | Contributions |
| Investment Earnings Or Losses | 9734350 | InvestmentEarningsOrLosses |
| Other Expenditures | 2121037 | OtherExpenditures |
| End Of Year Balance | 54890087 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 44696181 | BeginningOfYearBalance |
| Contributions | 1199073 | Contributions |
| Investment Earnings Or Losses | 5349091 | InvestmentEarningsOrLosses |
| Other Expenditures | 5569935 | OtherExpenditures |
| End Of Year Balance | 45674410 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 56909367 | BeginningOfYearBalance |
| Contributions | 3309559 | Contributions |
| Investment Earnings Or Losses | -12851055 | InvestmentEarningsOrLosses |
| Other Expenditures | 2671690 | OtherExpenditures |
| End Of Year Balance | 44696181 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.07700 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.72760 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.19540 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 236766 | OtherCostOrOtherBasis |
| Book Value | 236766 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41930526 | OtherCostOrOtherBasis |
| Depreciation | 8845462 | Depreciation |
| Book Value | 33085064 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4617179 | OtherCostOrOtherBasis |
| Depreciation | 3026771 | Depreciation |
| Book Value | 1590408 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4350389 | OtherCostOrOtherBasis |
| Depreciation | 1646100 | Depreciation |
| Book Value | 2704289 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 37616527 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| GENERATION IM GLOBAL EQUITY | 5678305 | F |
| WEATHERLOW OFFSHORE FUND I | 4240943 | F |
| MAVERICK STABLE FUND LTD | 2224995 | F |
| SOUND SHORE COMMINGLED FUND | 2720251 | F |
| COMMONFUND GLBAL DISTRESSED | 791619 | F |
| PERMAL MACRO | 4312383 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 19968496 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| CONSTRUCTION IN PROGRESS | 2796590 |
| TRUSTS | 3879127 |
| BOND ISSUANCE COSTS | 123212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6798929 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP AGREEMENT | Description |
| Amount | $2,127,891 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2127891 | TotalOfAmounts |
| Total Revenue | 23773062 | TotalRevenue |
| Total Expenses | 21451091 | TotalExpenses |
| Excess Or Deficit For Year | 2321971 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7825002 | NetUnrealizedGLOnInvestments |
| Other | -$2,608,557 | OtherAmount |
| Total Adjustments | 5216445 | TotalAdjustments |
| Excess Or Deficit Per FS | 7538416 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 26331757 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7825002 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 7825002 | RevenueNotRptdF990 |
| Revenue Subtotal | 18506755 | RevenueSubtotal |
| Other Revenues Not Included | 5266307 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5266307 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 23773062 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18793341 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 18793341 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 265507 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 2392243 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2657750 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 21451091 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPENSES ON RETURN BUT NOT IN EXPENSES ON BOOKS | PART XIII - LINE 4B - OTHERS | FINANCIAL AID (PORTION) $2,392,243 |
| OTHER REVENUE ON RETURN NOT ON BOOKS | PART XII LINE 4B OTHER | DECREASE IN CONTRIBUTIONS RECEIVABLE....$3,761,440 CHANGE IN SPLIT INTEREST AGREEMENTS..... ($717,323) FINANCIAL AID.......................... $2,392,243 GAIN ON INTEREST RATE SWAP AGREEMENT ($435,560) BANK AND INVESTMENT FEES................. $265,507 TOTAL ..................................$5,266,307 |
| RECONCILIATION OF CHANGE IN NET ASSETS - OTHER ADJUSTMENT | PART XI,LINE 8 | DECREASE IN CONTRIBUTIONS RECEIVABLE....$3,761,440 CHANGE IN SPLIT INTEREST AGREEMENTS..... ($717,323) GAIN ON INTEREST RATE SWAP AGREEMENT ($435,560) TOTAL ..................................$2,608,557 |
| USE OF ENDOWMENT FUNDS | SCHEDULE D, PART V, QUESTION 4 | THE SCHOOL'S ENDOWMENT FUNDS ARE INVESTED IN ACCORDANCE WITH THE SCHOOL'S INVESTMENT POLICIES AND TO COMPLY WITH THE STATE OF VIRGINIA'S UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT. THESE ENDOWMENT FUNDS SUPPORT THE SCHOOL'S OPERATIONS BOTH IN SPECIFIC PROGRAMS AND GENERAL OPERATIONS. EARNINGS FROM THESE ENDOWMENTS ARE APPROPRIATED EACH YEAR IN SUPPORT OF PROGRAMS AND OPERATIONS. |
| FIN 48 FOOTNOTE | SCHEDULE D, PART X, LINE 2 | The School is exempt under section 501(c)(3) of the Internal Revenue Code of 1986. The School has filed for and received income tax exemptions in the various jurisdictions where it is required to do so. The School files Forms 990 and 990-T (information and tax returns) in the U.S. federal jurisdiction and their equivalents in the state of Virginia. With few exceptions, the School is no longer subject to U.S. federal, state, and local income tax examinations by taxing authorities for years before 2007. The School adopted the provisions of FASB ASC 740 (FIN 48), Accounting for Uncertainty in Income Taxes, on July 1, 2009. Management of the School believes it has no material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized taxes. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NONDISCRIMINATORY POLICY | Identifier |
| Return Reference | SCHEDULE E PART I QUESTION 3 | ReturnReference |
| Explanation | INCLUDED IN ALL NEWSPAPER ADVERTISEMENTS AND IN LISTING OF "BUNTING AND LYON DIRECTORY OF PRIVATE SCHOOLS". | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID AWARDED TO 66 STUDENTS | TypeOfGrant |
| Amount Of Non Cash Assistance | 2457067 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | TUITION/FEES | DescriptionOfNonCashAssistance |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Braughn Taylor | |||||||||||||
| 142191 | 0 | 0 | 0 | 38500 | 0 | 16546 | 0 | 11526 | 0 | 208763 | 0 | 0 | 0 |
| Meredyth Cole | |||||||||||||
| 101105 | 0 | 0 | 0 | 13746 | 0 | 11247 | 0 | 63567 | 0 | 189665 | 0 | 0 | 0 |
| Elizabeth Griffith | |||||||||||||
| 184938 | 0 | 0 | 0 | 294455 | 0 | 16821 | 0 | 11936 | 0 | 508150 | 0 | 277410 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 546001266 | IssuerEIN |
| Date Issued | 2010-12-02 | DateIssued |
| Issue Price | 18965000 | IssuePrice |
| Description Of Purpose | REFUNDING OF SERIES 2003 BOND | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 18965000 | AmountRetired |
| Total Proceeds | 18965000 | TotalProceeds |
| Year Of Subst Completion | 2006 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | true | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | false | BondCounselRoutinelyEngaged |
| Percentage Of Prvt Business Re UBI | 0.01230 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.01230 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30. | TermOfHedge |
| Superintegrated Hedge | true | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 24 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1433671 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | HORSE | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NUMBER OF CONTRIBUTIONS | PART I, LINE 9 | THE SCHOOL REPORTS THE CONTRIBUTION OF SECURITIES (PUBLICLY TRADED)AND HORSE AS SEPARATE GIFTS BASED ON THE NUMBER OF INSTANCES RECEIVED RATHER THAN A GIFT FOR EACH SHARE OR ITEM RECEIVED. |
| METHOD OF DETERMINING REVENUES | PART 1 LINE 9 COLUMN D | THE SCHOOL DETERMINED THE METHOD OF REVENUE AS THE FAIR MARKET VALUE OF THE PUBLICLY TRADED SECURITIES AND HORSE ON THE DAY OF THE GIFT. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Compliance with conflict of interest policy | PART VI Section B. Policies, QUESTION 12C | At the first board meeting each fiscal year board members are given a form to fill out and sign. In March 2010, key employees were also included in the policy and they now have to fill out and sign the same form. |
| PROCESS FOR DETERMINING COMPENSATION | PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE SCHOOL PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. |
| availability of governing documents, conflict of interest policy and fs | part vi, section c, line 19 | 990 is made available upon request. other organizational documents are not available to the general public. |
| copy of form 990 provided to governing body | part VI, section B, line 11A | THE BOARD OF DIRECTORS ALONG WITH THE TREASURER AND STAFF WILL BE REVIEWING THE 990 PRIOR TO FILING. |
| AUDIT COMMITTEE AND PROCESS | FORM 990, PART XII - QUESTION 2C | THERE HAS BEEN NO CHANGE IN THE PROCESS BY WHICH THE AUDIT COMMITTEE CONDUCTS AND APPROVES THE AUDIT. |
| OTHER CHANGES IN NET ASSETS | PART XI, LINE 5 | UNREALIZED GAIN ON INVESTMENT..........($7,825,002) DECREASE IN CONTRIBUTIONS RECEIVABLE....$3,761,440 CHANGE IN SPLIT INTEREST AGREEMENTS..... ($717,323) LOSS ON INTEREST RATE SWAP AGREEMENT ($435,560) TOTAL ..................................$5,216,445 |