VALLEY FORGE MILITARY ACADEMY FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- VALLEY FORGE MILITARY ACADEMY FOUNDATION (EIN 23-1178880)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-04
- IRS object ID
- 201241259349301319
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-04T12:53:29-05:00 | 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 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 ATWATER DRIVE SUITE 225 | AddressLine1 |
| City | MALVERN | City |
| State | PA | State |
| ZIP Code | 19355 | 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 | 231178880 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALLEY FORGE MILITARY ACADEMY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VALL | NameControl |
| Phone | 6109891200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 EAGLE ROAD | AddressLine1 |
| City | WAYNE | City |
| State | PA | State |
| ZIP Code | 190873695 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VINCENT VUONO CFO | Name |
| Title | CFO/COO | Title |
| Phone | 6109891200 | Phone |
| Date Signed | 2012-05-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIUS C GREEN CPA JD | Name |
| Phone | 6106478100 | 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 | VINCENT VUONO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 EAGLE ROAD | AddressLine1 |
| City | WAYNE | City |
| State | PA | State |
| ZIP Code | 190873695 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 34694703 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | VFMAC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1928 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | TO EDUCATE CADETS, WITHIN AN ACADEMIC AND MILITARY ENVIRONMENT, TO BE FULLY PREPARED FOR THEIR RESPONSIBILITIES AS CITIZEN LEADERS WHO ARE MENTALLY ALERT, SOUND IN BODY, CONSIDERATE OF OTHERS AND POSSESSED OF THE HIGHEST SENSE OF DUTY, HONOR, LOYALTY, AND COURAGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 252 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 83786 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1192314 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1852767 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 23153914 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 26441805 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 10096946 | InvestmentIncomePriorYear |
| Investment Income Current Year | 553129 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 58529 | OtherRevenuePriorYear |
| Other Revenue Current Year | 130326 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 34501703 | TotalRevenuePriorYear |
| Total Revenue Current Year | 28978027 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6071441 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10055164 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8825372 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8983023 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 670460 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12765038 | OtherExpensePriorYear |
| Other Expenses Current Year | 11776891 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 27661851 | TotalExpensesPriorYear |
| Total Expenses Current Year | 30815078 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6839852 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1837051 | RevenuesLessExpensesCY |
| Total Assets BOY | 38334623 | TotalAssetsBOY |
| Total Assets EOY | 39020156 | TotalAssetsEOY |
| Total Liabilities BOY | 12288901 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12464135 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 26045722 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 26556021 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO EDUCATE CADETS, WITHIN AN ACADEMIC AND MILITARY ENVIRONMENT, TO BE FULLY PREPARED FOR THEIR RESPONSIBILITIES AS CITIZEN LEADERS WHO ARE MENTALLY ALERT, SOUND IN BODY, CONSIDERATE OF OTHERS AND POSSESSED OF THE HIGHEST SENSE OF DUTY, HONOR, LOYALTY, AND COURAGE.TO FOSTER THE LOVE OF GOD AND COUNTRY, HIGH MORAL STANDARDS AND STRONG CHARACTER TRAITS THAT WILL MAKE ALL A CREDIT TO THEMSELVES, THEIR FAMILIES, THEIR ALMA MATER, THEIR COUNTRY, AND THEIR GOD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 24277157 | Expense |
| Grants | 10055164 | Grants |
| Revenue | 26444694 | Revenue |
| Description | VALLEY FORGE PROVIDES MORE THAN 550 CADETS WITH AN EDUCATIONAL EXPERIENCE BUILT ON OUR FIVE CORNERSTONES: ACADEMIC EXCELLENCE, CHARACTER DEVELOPMENT, PERSONAL MOTIVATION, PHYSICAL DEVELOPMENT, AND LEADERSHIP. A VALLEY FORGE EDUCATION IS ROOTED IN QUALITY ACADEMIC PROGRAMS SUPPORTED BY LEADERSHIP RESPONSIBILITIES AND STRONG ATHLETIC AND EXTRACURRICULAR OPPORTUNITIES. | Description |
| Total Program Service Expense | 24277157 | 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 | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 1 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 252 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 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 | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | 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 | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VINCENT VUONO CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6109891232 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 EAGLE ROAD | AddressLine1 |
| City | WAYNE | City |
| State | PA | State |
| ZIP Code | 19087 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| ROBERT BACINE | ||||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| N GINO BANCO | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD HOCKER | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| FREDERICK BREITENFELD JR | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| NILES DALLY | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ANTOINETTE IADAROLA | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| WALTER J LEHMAN JR | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| J KENT MCNEW | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| WESTLEY MOORE | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| CONRAD MUHLY | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DANIEL REAVY | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| CHRIS ROUSSOS | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| IVAN SABEL | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| GEORGE SCHILDGE | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM FLOYD | ||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| TOM MIRGON | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| TIM O'ROURKE | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| PAUL RAYMOND III | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| HOWARD FORSTER | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD JARDEN | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DONALD MEADS | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JANE MEADS | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL NOLEN | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT PORTER | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS SYKES | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM TIEFEL | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CAPTAIN NF STEIN | ||||||||
| HONORARY LIFE TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SHAWN PHILLIPS | ||||||||
| SUPERINTENDENT | 40.00 | X | 59608 | 0 | 0 | |||
| VINCENT VUONO | ||||||||
| CFO | 40.00 | X | 191400 | 0 | 12226 | |||
| DAVID GRAY | ||||||||
| PRESIDENT | 40.00 | X | 76685 | 0 | 0 | |||
| KATHLEEN ANDERSON | ||||||||
| VP ACADEMIC DEVELOPMENT | 40.00 | 110000 | 0 | 0 | X | |||
| DENIS SPIZUOCO | ||||||||
| ASSOC VP DEVELOPMENT | 40.00 | 116885 | 0 | 0 | X | |||
| CHARLES A MCGEORGE | ||||||||
| FORMER PRESIDENT & NON-VOTING BOA | 0.00 | 191704 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 746282 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 12226 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO INC | |||||
| PO BOX 905374 | CHARLOTTE | NC | 28290 | FOOD SERVICE | 1676483 |
| KEYSTONE HEALTH PLAN EAST | |||||
| PO BOX 70250 | PHILADELPHIA | PA | 19176 | HEALTH BENEFITS | 1087622 |
| MAIN LINE JANITORIAL SERVICE | |||||
| 4438 LOBELLA COURT | CHESTER SPRINGS | PA | 19425 | LAUNDRY, CLEANING SERVICES | 763048 |
| FOLLETT HIGHER EDUCATION GROUP | |||||
| 1818 SWIFT ROAD | OAK BROOK | IL | 60523 | RUNS SCHOOL BOOKSTORE | 628727 |
| UGI ENERGY SERVICES INC | |||||
| PO BOX 827032 | PHILADELPHIA | PA | 19182 | GAS SUPPLIER | 439588 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 20 | NumberOfContractorsGT100K |
| Government Grants | 279107 | GovernmentGrants |
| All Other Contributions | 1573660 | AllOtherContributions |
| Total Contributions | 1852767 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 611600 | 25142528 | 25142528 | |
| SUMMER CAMP PROGRAM | 611600 | 851677 | 851677 | |
| HOUSING RENTALS | 611600 | 336523 | 336523 | |
| FINANCIAL AID | 611600 | 80295 | 80295 | |
| CAVALRY | 713990 | 30782 | 30782 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 26441805 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 435428 | TotalRevenueColumn |
| Exclusion | $435,428 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 153103 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 100099 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 53004 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 53004 | TotalRevenueColumn |
| Unrelated Business Revenue | 53004 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5602326 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5483192 | Securities |
| Other | 1433 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 119134 | Securities |
| Other | -1433 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 117701 | TotalRevenueColumn |
| Exclusion | $117,701 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 175603 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 131952 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43651 | TotalRevenueColumn |
| Exclusion | $43,651 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER ADMINISTRATIVE I | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 33671 | TotalRevenueColumn |
| Related Or Exempt Function Income | 33671 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 33671 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28978027 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26444694 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 83786 | UnrelatedBusinessRevenue |
| Exclusion | $596,780 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10055164 | Total |
| Program Services | 10055164 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7453957 | Total |
| Program Services | 4354262 | ProgramServices |
| Management And General | 2707891 | ManagementAndGeneral |
| Fundraising | 391804 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24576 | Total |
| Management And General | 24576 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 796958 | Total |
| Program Services | 553034 | ProgramServices |
| Management And General | 214880 | ManagementAndGeneral |
| Fundraising | 29044 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 707532 | Total |
| Program Services | 423974 | ProgramServices |
| Management And General | 253091 | ManagementAndGeneral |
| Fundraising | 30467 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133661 | Total |
| Management And General | 133661 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 493682 | Total |
| Program Services | 66915 | ProgramServices |
| Management And General | 426767 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 408256 | Total |
| Program Services | 149236 | ProgramServices |
| Management And General | 187084 | ManagementAndGeneral |
| Fundraising | 71936 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68461 | Total |
| Management And General | 68461 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238412 | Total |
| Program Services | 182759 | ProgramServices |
| Management And General | 33154 | ManagementAndGeneral |
| Fundraising | 22499 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 321443 | Total |
| Program Services | 283574 | ProgramServices |
| Management And General | 30909 | ManagementAndGeneral |
| Fundraising | 6960 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1308487 | Total |
| Program Services | 1154336 | ProgramServices |
| Management And General | 125820 | ManagementAndGeneral |
| Fundraising | 28331 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ALLOCATION OF PLANT OPE | 3965150 | 3589213 | 288263 | 87674 |
| FOOD SERVICE | 1465464 | 1465464 | ||
| CONTRACTED SERVICES | 1268680 | 674422 | 594258 | |
| UNIFORMS | 816223 | 816223 | ||
| BAD DEBTS | 700000 | 700000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 588972 | Total |
| Program Services | 508581 | ProgramServices |
| Management And General | 78646 | ManagementAndGeneral |
| Fundraising | 1745 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30815078 | Total |
| Program Services | 24277157 | ProgramServices |
| Management And General | 5867461 | ManagementAndGeneral |
| Fundraising | 670460 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1502 | BOY |
| EOY | 1502 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1630227 | BOY |
| EOY | 948734 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141512 | BOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 561402 | BOY |
| EOY | 30002 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4989178 | BOY |
| EOY | 4855021 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140550 | BOY |
| EOY | 172845 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 804770 | BOY |
| EOY | 938539 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 42766488 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25821669 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17282059 | BOY |
| EOY | 16944819 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6279713 | BOY |
| EOY | 7362925 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 349566 | BOY |
| EOY | 342347 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6154144 | BOY |
| EOY | 7423422 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38334623 | BOY |
| EOY | 39020156 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2593393 | BOY |
| EOY | 2405962 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2085822 | BOY |
| EOY | 3161882 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6400000 | BOY |
| EOY | 6300000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1048601 | BOY |
| EOY | 455158 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12646 | BOY |
| EOY | 3118 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 148439 | BOY |
| EOY | 138015 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12288901 | BOY |
| EOY | 12464135 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10845218 | BOY |
| EOY | 9110004 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5795146 | BOY |
| EOY | 7123275 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9405358 | BOY |
| EOY | 10322742 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26045722 | BOY |
| EOY | 26556021 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38334623 | BOY |
| EOY | 39020156 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1837051 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2347350 | 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 | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
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
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | DECORATIVE- MILITARY TRADITION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8007355 | BeginningOfYearBalance |
| Contributions | 53607 | Contributions |
| Investment Earnings Or Losses | 1332242 | InvestmentEarningsOrLosses |
| Other Expenditures | 331700 | OtherExpenditures |
| End Of Year Balance | 9061504 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7561355 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 952898 | InvestmentEarningsOrLosses |
| Other Expenditures | 506898 | OtherExpenditures |
| End Of Year Balance | 8007355 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9591096 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -1522441 | InvestmentEarningsOrLosses |
| Other Expenditures | 507300 | OtherExpenditures |
| End Of Year Balance | 7561355 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.76740 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.23260 | TermEndowmentEOYBalance |
| 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 | 2571602 | OtherCostOrOtherBasis |
| Book Value | 2571602 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 35491461 | OtherCostOrOtherBasis |
| Depreciation | 22654781 | Depreciation |
| Book Value | 12836680 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4509504 | OtherCostOrOtherBasis |
| Depreciation | 3166888 | Depreciation |
| Book Value | 1342616 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 193921 | OtherCostOrOtherBasis |
| Book Value | 193921 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16944819 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| INTEREST IN PERPETUAL TRUST | 2970557 |
| INTEREST IN CHARITABLE REMAINDER TRUSTS | 4452865 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 7423422 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUITIES PAYABLE | Description |
| Amount | $138,015 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 138015 | TotalOfAmounts |
| Total Revenue | 28978027 | TotalRevenue |
| Total Expenses | 30815078 | TotalExpenses |
| Excess Or Deficit For Year | -1837051 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2347350 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 2347350 | TotalAdjustments |
| Excess Or Deficit Per FS | 510299 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21370312 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2347350 | NetUnrealizedGainsInvestments |
| Other Revenues | 100099 | OtherRevenues |
| Revenue Not Rptd F990 | 2447449 | RevenueNotRptdF990 |
| Revenue Subtotal | 18922863 | RevenueSubtotal |
| Other Revenues Not Included | 10055164 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 10055164 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 28978027 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20860013 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 100099 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 100099 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20759914 | ExpensesSubtotal |
| Other Expenses Not Included | 10055164 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10055164 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 30815078 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | NUMEROUS ORIGINAL PAINTINGS, SCULPTURES, MILITARY ARTIFACTS AND DOCUMENTS ARE USED TO ENHANCE THE PROVIDING OF A SECONDARY AND COLLEGE EDUCATION IN A MILITARY ENVIRONMENT. | |
| PART X: | THE FOUNDATION HAS EVALUATED ITS TAX POSITIONS AS OF JUNE 30, 2011. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE-LIKELY-THAN-NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A LIKELIHOOD OF BEING REALIZED ON EXAMINATION OF MORE THAN 50 PERCENT. FOR TAX POSITIONS NOT MEETING THE "MORE-LIKELY-THAN-NOT" TEST, NO TAX BENEFIT IS RECORDED. UNDER THE "MORE-LIKELY-THAN-NOT" THRESHOLD GUIDELINES, THE FOUNDATION BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS EXIST, EITHER INDIVIDUALLY OR IN THE AGGREGATE, THAT WOULD GIVE RISE TO THE NON-RECOGNITION OF AN EXISTING TAX BENEFIT. AS OF JUNE 30, 2011, THE FOUNDATION HAS NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST AND PENALTIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| FACILITIES RENTAL EXPENSES 100,099. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID 10,055,164. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| FACILITY RENTAL EXPENSES 100,099. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID 10,055,164. | PART XIII, LINE 4B - 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 | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | ADVERTISING INCLUDES THE REQUIRED STATEMENTS REGARDING OUR RACIAL NON-DISCRIMINATORY POLICY IN BOTH PRINT AND RADIO. |
| EXPLANATION OF DOCUMENT RETENTION | SCHEDULE E, PART I, LINE 4 | SCHOLARSHIPS AND FINANCIAL AID ASSISTANCE ARE AWARDED ON THE BASIS OF NEED EXCEPT FOR BAND AND ATHLETICS (BASED ON MERIT). |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | VALLEY FORGE MILITARY ACADEMY AND COLLEGE RECEIVES A GRANT THROUGH THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY INSTITUTIONAL ASSIST GRANT PROGRAM. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | VARIOUS FUNDRAISING EVENTS | NameOfEvent1 |
| Gross Receipts Event1 | 175603 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 175603 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 131952 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 175603 | GrossReceiptsTotal |
| Gross Revenue Total Events | 175603 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 131952 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 131952 | DirectExpenseSummaryEvents |
| Net Income Summary | 43651 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | VARIOUS | TypeOfGrant |
| Number Of Recipients | 575 | NumberOfRecipients |
| Amount Of Cash Grant | 10055164 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | CASH | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: VF AWARDS INTERNAL MERIT SCHOLARSHIPS BASED ON THE CADET'S GRADES (GPA) FROM HIS / HER PREVIOUS SCHOOL AND BASED ON FINANCIAL NEED. THERE IS A MATRIX USED TO DETERMINE THE AMOUNT TO BE AWARDED TO EACH CADET. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | 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 (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VINCENT VUONO | |||||||||||||
| 166400 | 0 | 25000 | 0 | 0 | 0 | 0 | 0 | 12226 | 0 | 203626 | 0 | 0 | 0 |
| CHARLES A MCGEORGE | |||||||||||||
| 0 | 0 | 0 | 0 | 191704 | 0 | 0 | 0 | 0 | 0 | 191704 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 4A | CHARLES A. MCGEORGE RECEIVED SEVERANCE OF $176,748 |
| PART I, LINE 7 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PA HIGHER EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 232243852 | IssuerEIN |
| CUSIP Number | 70917NC44 | CUSIPNumber |
| Date Issued | 2004-03-01 | DateIssued |
| Issue Price | 4000000 | IssuePrice |
| Description Of Purpose | CAPITAL PROJECTS (CONSTRUCTION) | 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 | 4200000 | TotalProceeds |
| Issuance Costs From Proceeds | 200000 | IssuanceCostsFromProceeds |
| Capital Expenditures | 4000000 | CapitalExpenditures |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable (4 entries)
| Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| NILES DALLY | ||||||
| SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION | X | $5,000 | 5002 | 0 | 1 | 1 |
| WILLIAM R FLOYD JR | ||||||
| SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION | X | $50,000 | 41845 | 0 | 1 | 1 |
| CONRAD E MUHLY IV | ||||||
| SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION | X | $400,000 | 403267 | 0 | 1 | 1 |
| ROBERT A BACINE ESQ | ||||||
| SHORT TERM LOAN - CASH BRIDGE FOR ORGANIZATION | X | $5,000 | 5044 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 455158 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RICHARD HOCKER | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER | Relationship |
| Amount Of Transaction | 5995 | AmountOfTransaction |
| Description Of Transaction | THE FOUNDATION MAINTAINS CERTAIN INVESTMENT ACCOUNTS WITH A FINANCIAL SERVICES FIRM OF WHICH RICHARD HOCKER IS AN OFFICER. RICHARD HOCKER IS A TRUSTEE FOR VALLEY FORGE MILITARY ACADEMY FOUNDATION.INVESTMENT FEES ARE PAID TO THE FINANCIAL SERVICES FIRM FOR MANAGEMENT OF AN INVESTMENT PORTFOLIO. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | HORSES | 3 | 37288 | FAIR MARKET VALUE |
| X | AUCTION ITEMS | 70 | 23486 | FAIR MARKET VALUE |
| X | OTHER VARIOUS ITEMS | 19 | 37335 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION RECEIVES A COPY OF THE 990 FROM THE ACCOUNTING FIRM PREPARING THE RETURN. THE CONTROLLER REVIEWS THE 990, FOLLOWED BY THE CFO. AFTER REVIEW BY THE CONTROLLER AND CFO, THE FORM IS PRESENTED TO THE BUDGET, AUDIT AND FINANCE (BAF) COMMITTEE FOR ITS REVIEW, APPROVAL AND RECOMMENDATION. THEN, THE BAF COMMITTEE PRESENTS THE FORM TO THE FULL BOARD OF TRUSTEES FOR ITS REVIEW AND APPROVAL. | |
| AN ANNUAL QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS AND SENIOR STAFF MEMBERS DOCUMENTING WHETHER THEY ARE INVOLVED IN ANY BUSINESS WITH THE FOUNDATION THAT COULD BE CONSTRUED AS GIVING RISE TO A POTENTIAL CONFLICT OF INTEREST. THESE QUESTIONNAIRES ARE SIGNED BY EACH BOARD MEMBER AND SENIOR STAFF MEMBER AND RETURNED TO THE FOUNDATION'S CFO. | FORM 990, PART VI, SECTION B, LINE 12C | |
| A COPY OF THE 990 IS POSTED TO WWW.GUIDESTAR.ORG. | FORM 990, PART VI, SECTION C, LINE 18 | |
| GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 2,347,350. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION DOES. | NO CHANGE FROM PRIOR YEAR. | FORM 990, PART XI, LINE 2C |