LITTLE RED SCHOOL HOUSE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LITTLE RED SCHOOL HOUSE INC (EIN 13-5562268)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-02-24
- IRS object ID
- 202600559349301815
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-02-24T15:07:30-06:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 871353108 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNER ADVISORY GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 733 THIRD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172703 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562268 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LITTLE RED SCHOOL HOUSE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LITT | BusinessNameControlTxt |
| Phone | 2124775316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CHARLTON STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA MARKS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2124775316 | PhoneNum |
| Signature | 2026-02-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CANDICE METH | PreparerPersonNm |
| PTIN | P01306891 | PTIN |
| Phone | 2129498700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PHIL KASSEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CHARLTON STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $47,385,278 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LREI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1932 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE OA LEADER IN PROGRESSIVE EDUCATION SINCE 1921, LREI TEACHES CHILDREN TO BE INDEPENDENT THINKERS WHO WORK TOGETHER TO SOLVE COMPLEX PROBLEMS. STUDENTS GRADUATE FROM OUR DIVERSE COMMUNITY AS ACTIVE PARTICIPANTS IN OUR DEMOCRATIC SOCIETY, WITH THE CREATIVITY, INTEGRITY, AND COURAGE TO BRING MEANINGFUL CHANGE TO THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 320 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,651,908 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,628,161 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $38,575,913 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,945,197 | CYProgramServiceRevenueAmt |
| PY Investment Income | $620,350 | PYInvestmentIncomeAmt |
| CY Investment Income | $644,065 | CYInvestmentIncomeAmt |
| PY Other Revenue | $383,160 | PYOtherRevenueAmt |
| CY Other Revenue | $385,719 | CYOtherRevenueAmt |
| PY Total Revenue | $44,231,331 | PYTotalRevenueAmt |
| CY Total Revenue | $42,603,142 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $12,891,158 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,358,990 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $24,159,381 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $24,545,607 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $977,018 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,957,251 | PYOtherExpensesAmt |
| CY Other Expenses | $10,014,489 | CYOtherExpensesAmt |
| PY Total Expenses | $47,007,790 | PYTotalExpensesAmt |
| CY Total Expenses | $44,919,086 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,776,459 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,315,944 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $52,892,738 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,006,679 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,803,290 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,319,064 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,089,448 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,687,615 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OA LEADER IN PROGRESSIVE EDUCATION SINCE 1921, LREI TEACHES CHILDREN TO BE INDEPENDENT THINKERS WHO WORK TOGETHER TO SOLVE COMPLEX PROBLEMS. STUDENTS GRADUATE FROM OUR DIVERSE COMMUNITY AS ACTIVE PARTICIPANTS IN OUR DEMOCRATIC SOCIETY, WITH THE CREATIVITY, INTEGRITY, AND COURAGE TO BRING MEANINGFUL CHANGE TO THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $34,273,666 | ExpenseAmt |
| Grant | $10,358,990 | GrantAmt |
| Revenue | $37,945,197 | RevenueAmt |
| Desc | AT LREI (LITTLE RED SCHOOL HOUSE & ELISABETH IRWIN HIGH SCHOOL) WE UNDERSTAND THAT STUDENTS LEARN BEST WHEN THEY ARE ENGAGED. OUR PROGRESSIVE PROGRAM IS ROOTED IN A FUNDAMENTAL LOVE OF LEARNING AND A CONNECTION TO THE REAL WORLD. OUR TEACHERS, EXPERTS IN THEIR FIELDS, ENCOURAGE CHILDREN TO USE THEIR CURIOSITY, COMPASSION AND IMAGINATION TO THINK DEEPLY AND TO PARTICIPATE IN FINDING SOLUTIONS TO REAL PROBLEMS. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION) WE UNDERSTAND THAT THE WORLD AROUND US PARTICULARLY OUR EVER VIBRANT HOME, NEW YORK CITY IS THE BEST PLACE TO LEARN. YOU'LL FIND OUR STUDENTS ASKING QUESTIONS ABOUT GREEN DESIGN AT THE HIGH LINE, FILMING A DOCUMENTARY ON CONEY ISLAND'S BOARDWALK AND VOLUNTEERING AT THE LOCAL FOOD PANTRY WE'VE PARTNERED WITH FOR YEARS. WE PROVIDE A RICH AND CHALLENGING PROGRESSIVE PROGRAM FOR BRIGHT, INQUISITIVE STUDENTS WHO BRING A RANGE OF ABILITIES AND INTERESTS TO THEIR COLLECTIVE STUDY OF THE WORLD. OUR SCHOOL IS A COMMUNITY BUILT ON UNDERSTANDING AND RESPECT FOR OTHERS. LIKE NEW YORK CITY, THIS COMMUNITY IS DIVERSE IN EVERY SENSE, WITH A VARIETY OF FAMILY STRUCTURES AND BELIEFS, AS WELL AS OTHER, MORE FAMILIAR DEFINITIONS OF DIVERSITY (RACIAL, ETHNIC, SOCIOECONOMIC, RELIGIOUS). OUR INTERDISCIPLINARY CURRICULUM AND SCHOOLWIDE SOCIAL JUSTICE INITIATIVES PROMOTE UNDERSTANDING OF MANY CULTURES. AS INDIVIDUAL ACHIEVEMENT IS ENCOURAGED AND REWARDED, OUR PROGRAM UNDERSCORES THE VALUE OF SHARED GOALS AND COOPERATION IN MASTERING DIFFICULT TASKS. BY THE TIME LREI STUDENTS GRADUATE, THEY ARE READY TO MAKE THEIR MARKS ON THEIR UNIVERSITY CAMPUSES BECAUSE THEY HAVE LEARNED TO BE ACTIVE CITIZENS IN THEIR SCHOOL, CITY AND GLOBAL COMMUNITIES. | Desc |
| Total Program Service Expenses | $34,273,666 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 48 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 320 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSHUA MARKS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124775316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CHARLTON STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (50 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ANH-VAN NGUYEN | |||||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SUSIE SCHER | |||||||||
| VICE-CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LOUIS SHARPE | |||||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SHOY MCKEN | |||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN ROSEN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CECI LOEBL VAN BLERKOM | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AMANDA W GOODWIN | |||||||||
| TRUSTEE, MS HUMANITIES TEACHER | 40.00 | 0.00 | Yes (X) | $125,985 | $0 | $29,196 | |||
| AMY ZIMMERMAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNE MARIE DENSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHAKSHU PATEL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAWN EIG | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EVE STUART | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANCIS GREENBURGER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HARRIETTE THOMAS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HELENA TUBIS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HOPE REEVES | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JASON BRUNO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER ROGOFF | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER SAGUM | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JERELYN RODRIGUEZ WILLIAMS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSIE C KIRK | |||||||||
| TRUSTEE, LS LEAD TEACHER | 40.00 | 0.00 | Yes (X) | $103,683 | $0 | $25,191 | |||
| JULIA HEATON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KAI-ANASA GEORGE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KASEY PICAYO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MAREN BERTHELSEN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL WILLIAMS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PINKY FUNG | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT GUTMANN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT ROSENTHAL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RODNEY WHITE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SEAN PAROFF | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| YUKIE OHTA | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EUNU CHUN | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMAL YOUNG | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN CORNICK | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLENE E CRUZ-CERDAS | |||||||||
| TRUSTEE, HS HISTORY TEACHER | 40.00 | 0.00 | Yes (X) | $114,911 | $0 | $19,166 | |||
| KELLIE FERGUSON | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RUTH JURGENSEN | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVE OLSEN | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HALEE SAGE | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBROUGH TOWLES | |||||||||
| TRUSTEE (THROUGH 6/30/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PHIL KASSEN | |||||||||
| DIRECTOR | 40.00 | 0.00 | Yes (X) | $584,001 | $0 | $63,611 | |||
| JOSHUA MARKS | |||||||||
| CFO | 40.00 | 0.00 | Yes (X) | $294,263 | $0 | $40,687 | |||
| JENNIFER R WEIL | |||||||||
| DIRECTOR OF ADVANCEMENT | 40.00 | 0.00 | $196,712 | $0 | $64,876 | Yes (X) | |||
| ALLISON W ISBELL | |||||||||
| ASSISTANT DIRECTOR | 40.00 | 0.00 | $199,932 | $0 | $51,992 | Yes (X) | |||
| KALIL T OLDHAM | |||||||||
| DIRECTOR OF COMMUNITY | 40.00 | 0.00 | $205,525 | $0 | $18,251 | Yes (X) | |||
| MARGARET D ANDREWS | |||||||||
| ASSISTANT PRINCIPAL | 40.00 | 0.00 | $168,672 | $0 | $29,684 | Yes (X) | |||
| ADELE D PELZ | |||||||||
| DEPT CHAIR MODERN LANGUAGE | 40.00 | 0.00 | $168,750 | $0 | $14,932 | Yes (X) | |||
| ROBERT ROMERO | |||||||||
| DIRECTOR OF FACILITIES | 40.00 | 0.00 | $273,566 | $0 | $34,288 | Yes (X) | |||
| CAREY SOCOL | |||||||||
| DIRECTOR OF COLLEGE COUNSELING | 40.00 | 0.00 | $175,373 | $0 | $20,897 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,611,373 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $412,771 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 81 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DEBEVOISE & PLIMPTON LLP | |||||
| 919 THIRD AVENUE 28TH FLOOR | NEW YORK | NY | 10022 | LEGAL SERVICES | $237,202 |
| GOLDMAN SACHS | |||||
| 200 WEST STREET | NEW YORK | NY | 10282 | MANAGEMENT AND CUSTODY FEES | $138,779 |
| VICENTE VILLAVERDE | |||||
| 110 LENOX ROAD APT 6A | BROOKLYN | NY | 11226 | FACILITIES REPAIR | $121,875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $340,837 | FundraisingAmt |
| Government Grants | $433,825 | GovernmentGrantsAmt |
| All Other Contributions | $2,853,499 | AllOtherContributionsAmt |
| Noncash Contributions | $462,609 | NoncashContributionsAmt |
| Total Contributions | $3,628,161 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611710 | $36,579,049 | $36,579,049 |
| SUMMER CAMP FEES | 611710 | $597,139 | $597,139 |
| AFTER SCHOOL PROGRAM | 611710 | $523,456 | $523,456 |
| OTHER FEES | 611710 | $245,553 | $245,553 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,945,197 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $466,276 | TotalRevenueColumnAmt |
| Exclusion | $466,276 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $367,725 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $367,725 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $367,725 | TotalRevenueColumnAmt |
| Exclusion | $367,725 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,598,626 | SecuritiesAmt |
| Other | $160,864 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,420,837 | SecuritiesAmt |
| Other | $160,864 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $177,789 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $177,789 | TotalRevenueColumnAmt |
| Exclusion | $177,789 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $200,435 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $340,837 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $200,435 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | $16,659 | $16,659 |
| BAD DEBT RECOVERIES | 900099 | $1,335 | $1,335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $17,994 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,603,142 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,963,191 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,011,790 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,358,990 | TotalAmt |
| Program Services | $10,358,990 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,943,111 | TotalAmt |
| Program Services | $1,301,295 | ProgramServicesAmt |
| Management And General | $547,712 | ManagementAndGeneralAmt |
| Fundraising | $94,104 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,569,068 | TotalAmt |
| Program Services | $12,346,855 | ProgramServicesAmt |
| Management And General | $4,738,908 | ManagementAndGeneralAmt |
| Fundraising | $483,305 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200,212 | TotalAmt |
| Program Services | $826,999 | ProgramServicesAmt |
| Management And General | $336,585 | ManagementAndGeneralAmt |
| Fundraising | $36,628 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,403,738 | TotalAmt |
| Program Services | $1,642,458 | ProgramServicesAmt |
| Management And General | $688,472 | ManagementAndGeneralAmt |
| Fundraising | $72,808 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,429,478 | TotalAmt |
| Program Services | $984,974 | ProgramServicesAmt |
| Management And General | $400,880 | ManagementAndGeneralAmt |
| Fundraising | $43,624 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,843 | TotalAmt |
| Management And General | $294,843 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,560 | TotalAmt |
| Management And General | $94,560 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,779 | TotalAmt |
| Management And General | $138,779 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,748 | TotalAmt |
| Management And General | $571,130 | ManagementAndGeneralAmt |
| Fundraising | $1,618 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $395,665 | TotalAmt |
| Management And General | $266,900 | ManagementAndGeneralAmt |
| Fundraising | $128,765 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435,055 | TotalAmt |
| Program Services | $435,055 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,841,992 | TotalAmt |
| Program Services | $1,291,631 | ProgramServicesAmt |
| Management And General | $507,104 | ManagementAndGeneralAmt |
| Fundraising | $43,257 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,089 | TotalAmt |
| Program Services | $30,423 | ProgramServicesAmt |
| Management And General | $24,666 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $614,950 | TotalAmt |
| Program Services | $423,728 | ProgramServicesAmt |
| Management And General | $172,455 | ManagementAndGeneralAmt |
| Fundraising | $18,767 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,774,134 | TotalAmt |
| Program Services | $1,222,458 | ProgramServicesAmt |
| Management And General | $497,534 | ManagementAndGeneralAmt |
| Fundraising | $54,142 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $387,874 | TotalAmt |
| Management And General | $387,874 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| LUNCHROOM &FOOD SERVICE | $1,391,943 | $1,391,943 |
| STUDENT ACTIVITY-TRIPS | $1,171,241 | $1,171,241 |
| CLASSROOM SUPPLIES | $471,845 | $471,845 |
| SUMMER CAMP SUPPLIES | $330,938 | $330,938 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,833 | TotalAmt |
| Program Services | $42,833 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,919,086 | TotalAmt |
| Program Services | $34,273,666 | ProgramServicesAmt |
| Management And General | $9,668,402 | ManagementAndGeneralAmt |
| Fundraising | $977,018 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,000 | BOYAmt |
| EOY | $3,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,329,137 | BOYAmt |
| EOY | $2,563,721 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,807,557 | BOYAmt |
| EOY | $1,628,859 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,592 | BOYAmt |
| EOY | $51,930 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $715,027 | BOYAmt |
| EOY | $427,926 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $53,039,478 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,632,455 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,036,163 | BOYAmt |
| EOY | $21,407,023 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,097,415 | BOYAmt |
| EOY | $24,374,562 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,182,169 | BOYAmt |
| EOY | $1,224,593 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,497,678 | BOYAmt |
| EOY | $1,325,065 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,892,738 | BOYAmt |
| EOY | $53,006,679 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,483,737 | BOYAmt |
| EOY | $2,881,692 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,792,733 | BOYAmt |
| EOY | $12,470,841 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,675,637 | BOYAmt |
| EOY | $7,531,745 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,988,013 | BOYAmt |
| EOY | $3,920,127 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,863,170 | BOYAmt |
| EOY | $1,514,659 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,803,290 | BOYAmt |
| EOY | $28,319,064 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,906,048 | BOYAmt |
| EOY | -$366,384 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,183,400 | BOYAmt |
| EOY | $25,053,999 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,089,448 | BOYAmt |
| EOY | $24,687,615 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,892,738 | BOYAmt |
| EOY | $53,006,679 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,315,944 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,384,757 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$470,646 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,412,231 | BeginningYearBalanceAmt |
| Contributions | $4,000 | ContributionsAmt |
| Investment Earnings Or Losses | $2,883,678 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,874,520 | OtherExpendituresAmt |
| End Year Balance | $23,425,389 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,785,391 | BeginningYearBalanceAmt |
| Contributions | $770,685 | ContributionsAmt |
| Investment Earnings Or Losses | $2,967,116 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,110,961 | OtherExpendituresAmt |
| End Year Balance | $23,412,231 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,687,145 | BeginningYearBalanceAmt |
| Contributions | $2,159,034 | ContributionsAmt |
| Investment Earnings Or Losses | $2,010,972 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $71,760 | OtherExpendituresAmt |
| End Year Balance | $20,785,391 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,973,128 | BeginningYearBalanceAmt |
| Contributions | $1,320,277 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,606,260 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $16,687,145 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,530,342 | BeginningYearBalanceAmt |
| Contributions | $2,728,085 | ContributionsAmt |
| Investment Earnings Or Losses | $2,831,922 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $117,221 | OtherExpendituresAmt |
| End Year Balance | $17,973,128 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.78000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.22000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $857,823 | OtherCostOrOtherBasisAmt |
| Book Value | $857,823 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,613,908 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,225,548 | DepreciationAmt |
| Book Value | $19,388,360 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $288,432 | OtherCostOrOtherBasisAmt |
| Depreciation | $211,393 | DepreciationAmt |
| Book Value | $77,039 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,271,214 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,195,514 | DepreciationAmt |
| Book Value | $75,700 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,008,101 | OtherCostOrOtherBasisAmt |
| Book Value | $1,008,101 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,407,023 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITIES - OPERATING | $1,256,531 |
| LEASE LIABILITIES - FINANCING | $205,128 |
| SECURITY DEPOSIT PAYABLE | $53,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,514,659 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $34,488,512 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,384,757 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $2,384,757 | RevenueNotReportedAmt |
| Revenue Subtotal | $32,103,755 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $138,779 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $10,360,608 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $10,499,387 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $42,603,142 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,890,345 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $470,646 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $470,646 | ExpensesNotReportedAmt |
| Expenses Subtotal | $34,419,699 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $138,779 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $10,360,608 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $10,499,387 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $44,919,086 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | THE SCHOOL'S ENDOWMENT GENERATES A PREDICTABLE STREAM OF REVENUE THAT HELPS FUND ITS PROGRAMS, AS WELL AS FINANCIAL AID AND BUILDING PROJECTS. |
| PART X, LINE 2: | THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. DUE TO THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES THAT ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID EXPENSE 10,358,990. ENDOWMENT CAMPAIGN EXPENSES 1,618. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON UNCOLLECTIBLE ACCOUNTS 470,646. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID EXPENSE 10,358,990. ENDOWMENT CAMPAIGN EXPENSES 1,618. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE LREI DIVERSITY STATEMENT IS PROVIDED IN ALL COMMUNICATIONS AND IS INCLUDED WITH THE MISSION STATEMENT ON THE LREI WEBPAGE AT LREI.ORG DIVERSITY STATEMENT ON THE WEBSITE: SINCE 1921, LREI'S COMMITMENT TO SOCIAL JUSTICE, EQUITY AND ACTIVISM HAS ENSURED THAT EVERY COMMUNITY MEMBER HAS ACCESS TO THE FULL LREI EXPERIENCE. OUR 14-YEAR PROGRAM EXPLORES, CELEBRATES, AND ENCOURAGES DIFFERENCES AND COMMONALITIES, AND THE CHALLENGES AND OPPORTUNITIES THEY PRESENT. WE VIEW THESE EFFORTS AS INTEGRAL TO THE PERSONAL AND INTELLECTUAL GROWTH OF EACH MEMBER OF OUR SCHOOL. LREI IS COMMITTED TO EACH OF ITS COMMUNITY MEMBERS, EACH OF WHOM HAS A RESPONSIBILITY TO BOTH THE COMMUNITY AND TO THE WIDER WORLD. THIS IS AS IMPORTANT NOW AS IT WAS WHEN LREI WAS FOUNDED. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ART PARTY | Event1Nm |
| Gross Receipts Event1 | $541,272 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $340,837 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $200,435 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $39,571 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $160,864 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $541,272 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $340,837 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $200,435 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $39,571 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $160,864 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $200,435 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND TUITION REMISSION | GrantTypeTxt |
| Recipient | 187 | RecipientCnt |
| Non Cash Assistance | $10,358,990 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDUCTION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL GRANTS OF FINANCIAL AID OR MERIT SCHOLARSHIPS ARE ALLOCATED BY DISCOUNTING THE NOMINAL TUITION BY THE AMOUNT OF THE AID OR SCHOLARSHIP. THEREFORE, NO CASH IS GIVEN, BUT RATHER, FOR EXAMPLE, A STUDENT WHO WOULD OTHERWISE PAY $30,000 RECEIVES FINANCIAL AID OF $10,000 AND THEREFORE PAYS THE NET AMOUNT OWED OF $20,000. ALL GRANTS OF FINANCIAL AID ARE DECIDED BY LREI'S TUITION REMISSION COMMITTEE AND ARE BASED ON AN OBJECTIVE DETERMINATION OF FINANCIAL NEED. THE AMOUNT OF ANY FINANCIAL AID OR SCHOLARSHIP IS DOCUMENTED IN THE ENROLLMENT CONTRACT AND BOTH TUITION AND FINANCIAL AID ARE ENTERED INTO OUR ACCOUNTS RECEIVABLE MODULE SO THAT WE CAN TRACK THE NET AMOUNT THAT MUST BE PAID BY A PARTICULAR STUDENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PHIL KASSEN | ||||||||||||||
| DIRECTOR | $584,001 | $0 | $0 | $0 | $0 | $0 | $50,738 | $0 | $12,873 | $0 | $647,612 | $0 | $0 | $0 |
| JOSHUA MARKS | ||||||||||||||
| CFO | $294,263 | $0 | $0 | $0 | $0 | $0 | $27,214 | $0 | $13,473 | $0 | $334,950 | $0 | $0 | $0 |
| ROBERT ROMERO | ||||||||||||||
| DIRECTOR OF FACILITIES | $273,566 | $0 | $0 | $0 | $0 | $0 | $16,227 | $0 | $18,061 | $0 | $307,854 | $0 | $0 | $0 |
| JENNIFER R WEIL | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $196,712 | $0 | $0 | $0 | $0 | $0 | $20,765 | $0 | $44,111 | $0 | $261,588 | $0 | $0 | $0 |
| ALLISON W ISBELL | ||||||||||||||
| ASSISTANT DIRECTOR | $199,932 | $0 | $0 | $0 | $0 | $0 | $18,392 | $0 | $33,600 | $0 | $251,924 | $0 | $0 | $0 |
| KALIL T OLDHAM | ||||||||||||||
| DIRECTOR OF COMMUNITY | $205,525 | $0 | $0 | $0 | $0 | $0 | $17,528 | $0 | $723 | $0 | $223,776 | $0 | $0 | $0 |
| MARGARET D ANDREWS | ||||||||||||||
| ASSISTANT PRINCIPAL | $168,672 | $0 | $0 | $0 | $0 | $0 | $16,211 | $0 | $13,473 | $0 | $198,356 | $0 | $0 | $0 |
| CAREY SOCOL | ||||||||||||||
| DIRECTOR OF COLLEGE COUNSELING | $175,373 | $0 | $0 | $0 | $0 | $0 | $3,588 | $0 | $17,309 | $0 | $196,270 | $0 | $0 | $0 |
| ADELE D PELZ | ||||||||||||||
| DEPT CHAIR MODERN LANGUAGE | $168,750 | $0 | $0 | $0 | $0 | $0 | $14,932 | $0 | $0 | $0 | $183,682 | $0 | $0 | $0 |
| AMANDA W GOODWIN | ||||||||||||||
| TRUSTEE, MS HUMANITIES TEACHER | $125,985 | $0 | $0 | $0 | $0 | $0 | $12,179 | $0 | $17,017 | $0 | $155,181 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILD NYC RESOURCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 454040561 | BondIssuerEIN |
| Bond Issued | 2023-03-28 | BondIssuedDt |
| Issue Price | $7,734,000 | IssuePriceAmt |
| Purpose | REFINANCE | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $7,579,744 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $154,256 | IssuanceCostsFromProceedsAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $161,750 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PUBLISHED MARKET QUOTES | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | AUCTION ITEMS | 220 | $160,864 | SALE PRICE AT AUCTIO |
| Yes (X) | BITCOIN | 1 | $139,995 | PUBLISHED MARKET QUO |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | DURING FISCAL YEAR 2025, THE SCHOOL RECEIVED STOCK SECURITY DONATIONS FROM 10 DONORS, ARTWORK FROM 220 DONORS, AND BITCOIN FROM ONE DONOR. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT REVIEWS THE DRAFT COPY OF THE 990 FOR ACCURACY BEFORE CIRCULATING A DRAFT COPY TO THE AUDIT AND RISK COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT AND RISK COMMITTEE REVIEWS THE DRAFT FOR ACCURACY AND THEN POSITIVELY RECOMMENDS THE DRAFT TO THE BOARD OF TRUSTEES, WHICH IN TURN REVIEWS AND DISCUSSES THE DRAFT AT A REGULARLY SCHEDULED BOARD MEETING. AFTER THIS GOVERNANCE PROCESS, THE 990 IS FINALIZED FOR FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | LREI CIRCULATES ITS CONFLICT OF INTEREST AND WHISTLEBLOWER POLICY TO TRUSTEES ON AN ANNUAL BASIS. EACH TRUSTEE IS ASKED TO ACKNOWLEDGE RECEIPT OF THE POLICY AND TO INDICATE COMPLIANCE WITH IT. IF ANY CONFLICT OF INTEREST IS INDICATED ON THE ACKNOWLEDGEMENT, OR IF ANY CONFLICT OF INTEREST OTHERWISE ARISES, THE ISSUE IS ADDRESSED BY THE DIRECTOR OF LREI AND THE CHAIR OF THE BOARD OF TRUSTEES, WHO MAY CONSULT WITH DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION OBTAINS THE COMPENSATION DATA RELATING TO TOP MANAGEMENT OF SIMILAR ORGANIZATIONS WHEN CONSIDERING THE INITIAL SALARY AND BENEFITS OF KEY EMPLOYEES, AS WELL AS INCREASES ON COMPENSATION. THE ORGANIZATION ALSO REGULARLY CONSIDERS INDUSTRY TRENDS REGARDING MANAGEMENT COMPENSATION. ONCE THE APPROPRIATE DATA HAS BEEN OBTAINED, IT IS ANALYZED AND APPROVED AT A REGULARLY SCHEDULED MEETING OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. ACCORDINGLY, LREI SATISFIES THE IRS CRITERIA WITH RESPECT TO THE REBUTTABLE PRESUMPTION OF REASONABLENESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART X, COLUMN A | RESTATEMENT: DURING THE PREPARATION OF THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED JUNE 30, 2025, MANAGEMENT DETERMINED THAT THE SCHOOL'S PREVIOUSLY ISSUED FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED JUNE 30, 2024, CONTAINED ERRORS REGARDING INCORRECT CLASSIFICATION OF ENDOWMENT DONATIONS, ACCUMULATED ENDOWMENT EARNINGS AND REPORTING OF APPROPRIATIONS FROM THE ENDOWMENT. THE CORRECTION OF THE ERRORS HAD NO EFFECT ON THE TOTAL NET ASSETS AS OF JUNE 30, 2024, ONLY THE CATEGORIES WITHIN NET ASSETS WERE IMPACTED. |
| FORM 990, PART XI, LINE 9: | LOSS ON UNCOLLECTIBLE ACCOUNTS -470,646. |