SUMMIT SCHOOL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SUMMIT SCHOOL INC (EIN 56-0547519)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-04-17
- IRS object ID
- 201241089349300809
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-17T15:02:54-05:00 | 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 | CANNON & COMPANY LLP CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2160 COUNTRY CLUB ROAD | AddressLine1 |
| City | WINSTONSALEM | City |
| State | NC | State |
| ZIP Code | 27104 | 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 | 560547519 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SUMMIT SCHOOL INCORPORATED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SUMM | NameControl |
| Phone | 3367222777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 REYNOLDA ROAD | AddressLine1 |
| City | WINSTONSALEM | City |
| State | NC | State |
| ZIP Code | 27106 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DR MICHAEL J EBELING | Name |
| Title | HEAD | Title |
| Phone | 3367222777 | Phone |
| Date Signed | 2012-04-17 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD J TAMER | Name |
| Phone | 3367250635 | 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 | DR MICHAEL J EBELING | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 REYNOLDA ROAD | AddressLine1 |
| City | WINSTONSALEM | City |
| State | NC | State |
| ZIP Code | 27106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19287752 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SUMMITSCHOOL.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE A CHALLENGING CURRICULUM WITHIN A CARING ENVIRONMENT TO HELP STUDENTS DEVELOP THEIR FULL POTENTIAL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 232 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1778401 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1097604 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9778016 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9801790 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 865188 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1815801 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 83591 | OtherRevenuePriorYear |
| Other Revenue Current Year | 101812 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12505196 | TotalRevenuePriorYear |
| Total Revenue Current Year | 12817007 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1404098 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1563359 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6723398 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6701616 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 580735 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4033273 | OtherExpensePriorYear |
| Other Expenses Current Year | 3964732 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12160769 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12229707 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 344427 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 587300 | RevenuesLessExpensesCY |
| Total Assets BOY | 46078775 | TotalAssetsBOY |
| Total Assets EOY | 47271469 | TotalAssetsEOY |
| Total Liabilities BOY | 19191562 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 18883480 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 26887213 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28387989 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE A CHALLENGING CURRICULUM WITHIN A CARING ENVIRONMENT TO HELP STUDENTS DEVELOP THEIR FULL POTENTIAL. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9490011 | Expense |
| Grants | 1563359 | Grants |
| Revenue | 9834620 | Revenue |
| Description | EDUCATIONAL INSTRUCTION FOR JR. KINDERGARTEN THROUGH NINTH GRADE, INCLUDING AFTER-SCHOOL PROGRAMS, BUS SERVICES, AND CAFETERIA PROGRAM. APPROXIMATELY 520 STUDENTS ARE ENROLLED. | Description |
| Total Program Service Expense | 9490011 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 51 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 232 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3367222777 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 REYNOLDA ROAD | AddressLine1 |
| City | WINSTONSALEM | City |
| State | NC | State |
| ZIP Code | 27106 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| ROB MOORE | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MARIE ARCURI | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| CHARLES HAUSER | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JIMMY BROUGHTON | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X |
| BEN CARSON | ||||||
| VICE-PRESIDENT | 0.50 | X | 0 | 0 | 0 | X |
| MARK CONGER | ||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | X |
| IDA DAVIS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MATT CULLINAN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| KIM BAILEY | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MICHAEL HOUGH | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| EMILY NEESE | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X |
| PHIL THOMAS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| PARKER GRUBBS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DIANE NEAL-BLIXT | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| SUSAN MANN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| ERNIE OSBORN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| BONNIE ZADES | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| KAREN PRANIKOFF | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JIM RUFFIN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JIM MARTIN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| CHARLOTTE BROUGHTON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JENNIFER GROSSWALD | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| BILL HOLLAN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| ALEX TURNER | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MICHAEL EBELING | ||||||
| HEAD | 60.00 | 185209 | 0 | 19881 | X | |
| CARTER STURKIE | ||||||
| DIRECTOR OF FINANCE | 50.00 | 111100 | 0 | 19068 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 296309 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 38949 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| THE BUDD GROUP INC | |||||
| PO BOX 890856 | CHARLOTTE | NC | 28289 | JANITORIAL AND SECURITY | 395304 |
| CHARTWELLS | |||||
| PO BOX 91337 | CHICAGO | IL | 60693 | FOOD SERVICE | 373357 |
| SCHNEIDER ELECTRIC | |||||
| 235 BURGESS RD | GREENSBORO | NC | 27409 | HVAC SERVICE | 113996 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| All Other Contributions | 1097604 | AllOtherContributions |
| Total Contributions | 1097604 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611710 | 8907645 | 8907645 |
| AUXILLARY SERVICES | 611710 | 420363 | 420363 |
| AFTERNOON AND OTHER PR | 611710 | 359211 | 359211 |
| OTHER FEES | 611710 | 74864 | 74864 |
| OTHER SOURCES | 611710 | 27020 | 27020 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12687 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12687 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9801790 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 261567 | TotalRevenueColumn |
| Exclusion | $261,567 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 139199 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 70217 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 68982 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 68982 | TotalRevenueColumn |
| Exclusion | $68,982 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7915135 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6353284 | Securities |
| Other | 7617 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1561851 | Securities |
| Other | -7617 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1554234 | TotalRevenueColumn |
| Exclusion | $1,554,234 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 72457 | GrossSalesOfInventory |
| Cost Of Goods Sold | 39627 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32830 | TotalRevenueColumn |
| Related Or Exempt Function Income | 32830 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12817007 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9834620 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,884,783 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1563359 | Total |
| Program Services | 1563359 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 399053 | Total |
| Program Services | 359147 | ProgramServices |
| Management And General | 19953 | ManagementAndGeneral |
| Fundraising | 19953 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5246480 | Total |
| Program Services | 4520299 | ProgramServices |
| Management And General | 251128 | ManagementAndGeneral |
| Fundraising | 475053 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 621536 | Total |
| Program Services | 559382 | ProgramServices |
| Management And General | 31077 | ManagementAndGeneral |
| Fundraising | 31077 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 434547 | Total |
| Program Services | 391093 | ProgramServices |
| Management And General | 21727 | ManagementAndGeneral |
| Fundraising | 21727 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8531 | Total |
| Management And General | 8531 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42225 | Total |
| Management And General | 42225 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34018 | Total |
| Management And General | 34018 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41388 | Total |
| Management And General | 41388 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30998 | Total |
| Program Services | 30998 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 380841 | Total |
| Management And General | 380841 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1049158 | Total |
| Program Services | 936625 | ProgramServices |
| Management And General | 104069 | ManagementAndGeneral |
| Fundraising | 8464 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86338 | Total |
| Management And General | 86338 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CAFETERIA FOOD | 428235 | 428235 | |
| EQUIPMENT RENTAL & MAIN | 380262 | 380262 | |
| UTILITIES & TELEPHONE | 284749 | 284749 | |
| SUPPLIES | 274688 | 274688 | |
| CONTRACT SERVICES | 248471 | 248471 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 674830 | Total |
| Program Services | 426185 | ProgramServices |
| Management And General | 224184 | ManagementAndGeneral |
| Fundraising | 24461 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12229707 | Total |
| Program Services | 9490011 | ProgramServices |
| Management And General | 2158961 | ManagementAndGeneral |
| Fundraising | 580735 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2036836 | BOY |
| EOY | 6628021 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11694 | BOY |
| EOY | 15050 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3345787 | BOY |
| EOY | 2649278 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 219124 | BOY |
| EOY | 684545 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106502 | BOY |
| EOY | 45240 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 31102640 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8856520 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22832695 | BOY |
| EOY | 22246120 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17112816 | BOY |
| EOY | 14762156 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8464 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 404857 | BOY |
| EOY | 241059 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46078775 | BOY |
| EOY | 47271469 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 854332 | BOY |
| EOY | 634792 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1083328 | BOY |
| EOY | 903659 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16900000 | BOY |
| EOY | 17018000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 353902 | BOY |
| EOY | 327029 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19191562 | BOY |
| EOY | 18883480 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20955190 | BOY |
| EOY | 22497968 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73905 | BOY |
| EOY | 17851 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5858118 | BOY |
| EOY | 5872170 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26887213 | BOY |
| EOY | 28387989 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46078775 | BOY |
| EOY | 47271469 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 587300 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 913476 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 1 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5858118 | BeginningOfYearBalance |
| Contributions | 14052 | Contributions |
| End Of Year Balance | 5872170 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5845444 | BeginningOfYearBalance |
| Contributions | 12674 | Contributions |
| End Of Year Balance | 5858118 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5819850 | BeginningOfYearBalance |
| Contributions | 25594 | Contributions |
| Investment Earnings Or Losses | 108444 | InvestmentEarningsOrLosses |
| Other Expenditures | 108444 | OtherExpenditures |
| End Of Year Balance | 5845444 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 977526 | OtherCostOrOtherBasis |
| Book Value | 977526 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26305275 | OtherCostOrOtherBasis |
| Depreciation | 6044854 | Depreciation |
| Book Value | 20260421 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2636368 | OtherCostOrOtherBasis |
| Depreciation | 1913439 | Depreciation |
| Book Value | 722929 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1183471 | OtherCostOrOtherBasis |
| Depreciation | 898227 | Depreciation |
| Book Value | 285244 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 22246120 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMON FUND - EQUITY | 9920002 | F |
| COMMON FUND - BOND | 4109696 | F |
| DEFERRED COMP DOUGLAS LEWIS | 32935 | C |
| COMMON FUND - OPERATING | 699523 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14762156 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (14 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| HEADS DISCRETIONARY FUND | $10,030 |
| FACULTY EMERGENCY FUND-HEAD'S DISCR | $500 |
| SUMMIT AT NIGHT FINANCIAL AID FUND | $13,634 |
| SPEND-THE-NIGHT FINANCIAL AID FUND | $3,942 |
| MIDDLE GRADE SERVICE PROJECTS | $3,443 |
| YEARBOOK | $1,574 |
| EXCHANGE PROGRAM | $5,218 |
| PICTURES PROGRAM | $9,202 |
| CHILDREN'S THEATRE | $1,594 |
| SUMMER PROG LIABILITY | $130,321 |
| NCAIS (N.C.ASSOC.OF INDEP SCH) | $1,025 |
| GREEN COMMITTEE PROJECT | $1,169 |
| CURRENT PORTION OF LEASE OBLIGATIONS | $100,343 |
| CURRENT PORTION OF LEASE OBLIGATION | $45,034 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 327029 | TotalOfAmounts |
| Total Revenue | 12817007 | TotalRevenue |
| Total Expenses | 12229707 | TotalExpenses |
| Excess Or Deficit For Year | 587300 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 913476 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 913476 | TotalAdjustments |
| Excess Or Deficit Per FS | 1500776 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 13847944 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 913476 | NetUnrealizedGainsInvestments |
| Other Revenues | 117461 | OtherRevenues |
| Revenue Not Rptd F990 | 1030937 | RevenueNotRptdF990 |
| Revenue Subtotal | 12817007 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 12817007 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12347168 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 117461 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 117461 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12229707 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12229707 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | DONATIONS OF ART ARE AUCTIONED OFF AND THE REVENUES ARE PUT INTO THE GENERAL FUND FOR THE OPERATIONS OF THE SCHOOL. | |
| PART V, LINE 4: | THE FINANCIAL AID FOR DIVERSITY FUNDS ARE FOR NEED-BASED FINANCIAL AID FOR MINORITY STUDENTS. THE JOE H PARRISH SPORTS MEMORIAL FUND WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING SUPPORT FOR THE SPORTS DEPARTMENT. THE MARIAN MILLAWAY '69 DOUGLAS AWARD FOR FACULTY EXCELLENCE FUND WAS ESTABLISHED TO REWARD TEACHERS WHOSE EXCELLENCE AND ENTHUSIASM SPARK THE FLAME OF LEARNING IN STUDENTS. THE JESSICA MARSHA WOLFMAN EXCHANGE FUND WAS ESTABLISHED FOR THE PURPOSE OF HELPING STUDENTS PARTICIPATE IN THE EXCHANGE PROGRAM AND OTHER SCHOOL SPONSORED TRIPS. THE FACULTY SUPPORT FUND WAS ESTABLISHED TO PROVIDE SALARIES, BENEFITS AND PROFESSIONAL GROWTH OPPORTUNITIES FOR FACULTY. THE TEACHING/LEARNING CENTER OUTREACH FUND WAS ESTABLISHED TO SUPPORT OUTREACH PROGRAMS UTILIZING THE TEACHING/LEARNING CENTER ACTIVITIES THROUGH PUBLICATION, SEMINARS, WORKSHOPS, OUTSIDE RESOURCE TEACHERS AND EXPLANATORY AIDS FOR TEACHERS AND VISITORS. THE DEBELL SCHOLARSHIP FUND WAS ESTABLISHED TO SUPPORT FINANCIAL AID FOR DESERVING STUDENTS WHOSE FAMILY WOULD NOT OTHERWISE BE ABLE TO AFFORD AN INDEPENDENT SCHOOL EDUCATION. THE PERKINSON FAMILY TRAVEL FUND WAS ESTABLISHED TO HELP STUDENTS WITH DEMONSTRATED FINANCIAL NEED ENRICH THEIR EDUCATIONAL EXPERIENCES BY PARTICIPATING IN SCHOOL-ENDORSED TRIPS. THE GENERAL AND SUMMIT SCHOOL FUNDS WERE ESTABLISHED FOR THE PURPOSE OF PROVIDING OVERALL SUPPORT FOR THE SCHOOL THE THOMAS A GRAY ENDOWMENT INCOME IS MADE AVAILABLE EACH YEAR TO THE HEAD OF THE SCHOOL TO BE USED AT HIS/HER'S DISCRETION. THE MICHELLE LACHAT FINANCIAL AID FUND AND CHRISTIAN SISTERS' FINANCIAL AID FUND WERE ESTABLISHED FOR THE PURPOSE OF PROVIDING FINANCIAL AID TO QUALIFIED STUDENTS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| LOSS ON DISPOSAL OF ASSETS RENTAL EXPENSES COST OF GOODS SOLD | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| LOSS ON DISPOSAL OF ASSETS RENTAL EXPENSES COST OF GOODS SOLD BOOK TAX DIFFERENCE | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | THE SCHOOL PUBLISHES THEIR NONDISCRIMINATORY POLICY IN THE LOCAL NEWSPAPERS OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| EMPLOYEE TUITION ASSISTANCE | 39 | 480197 | BOOK |
| FINANCIAL AID/SCHOLARSHIPS | 83 | 1083162 | BOOK |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL EBELING | NamePerson |
| Base Compensation Filing Org | 185209 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 1924 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 17957 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 205090 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC CAPITAL FACILITIES FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 561592154 | IssuerEIN |
| CUSIP Number | 65818PGJ2 | CUSIPNumber |
| Date Issued | 2008-06-18 | DateIssued |
| Issue Price | 16700000 | IssuePrice |
| Description Of Purpose | THE BOND ISSUE WILL BE USED FOR THE CONSTRUCTION OF A NEW BUILDING AND | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 16700000 | TotalProceeds |
| Issuance Costs From Proceeds | 143900 | IssuanceCostsFromProceeds |
| Capital Expenditures | 16485000 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KATIE GRUBBS | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SPOUSE OF A BOARD MEMBER | Relationship |
| Amount Of Transaction | 15000 | AmountOfTransaction |
| Description Of Transaction | PART TIME EMPLOYEE (ADMISSIONS ASSISTANT) | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED AT FULL BOARD MEETING PRIOR TO FILING. | |
| THE ADMINISTRATORS OF THE SCHOOL SUPERVISE RELATIONSHIPS AND TRANSACTIONS ON AN ONGOING BASIS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| COMPENSATION OF HEAD OF SCHOOL IS DETERMINED USING COMPARABILITY DATA PROVIDED BY NAIS SCHOOL. THEY ALSO USE INFORMATION REPORTED ON OTHER SCHOOLS' FORM 990. THE OFFICERS AND KEY EMPLOYEES COMPENSATION IS DETERMINED BY THE HEAD OF THE SCHOOL. | FORM 990, PART VI, SECTION B, LINE 15 | |
| COPIES OF FORM 990 AND 1023 ARE FILED IN THE HEAD'S OFFICE AND ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 18 | |
| COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE FILED IN THE BUSINESS OFFICE AND ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 913,476. | FORM 990, PART XI, LINE 5: |
| THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR | FORM 990 PART XII, LINE 2C |