CHARLOTTE COUNTRY DAY SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CHARLOTTE COUNTRY DAY SCHOOL (EIN 56-0623935)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-10-03
- IRS object ID
- 201102769349300400
- 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 O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-03T07:04:19-05:00 | 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 | CHERRY BEKAERT & HOLLAND LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVENUE SUITE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28204 | 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 | 560623935 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLOTTE COUNTRY DAY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHAR | NameControl |
| Phone | 7049434551 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 CARMEL ROAD | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 282265096 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID L MANCOS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 7049434551 | Phone |
| Date Signed | 2011-09-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANICE A RATICA | Name |
| Phone | 7043771678 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MARK REED | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 CARMEL ROAD | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28226 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 39885594 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CHARLOTTECOUNTRYDAY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1941 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | CHARLOTTE COUNTRY DAY SCHOOL PROVIDES COMPREHENSIVE EDUCATIONAL PROGRAMS FOR GRADES PRE-KINDERGARTEN THROUGH GRADE 12 ON A NON-DISCRIMINATORY BASIS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 564 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2746767 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3837236 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 32806988 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 33569336 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 606582 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1651107 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 436316 | OtherRevenuePriorYear |
| Other Revenue Current Year | 406380 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 36596653 | TotalRevenuePriorYear |
| Total Revenue Current Year | 39464059 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3577537 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3568668 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22727860 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 22838264 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1313502 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10105276 | OtherExpensePriorYear |
| Other Expenses Current Year | 10688698 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 36410673 | TotalExpensesPriorYear |
| Total Expenses Current Year | 37095630 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 185980 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2368429 | RevenuesLessExpensesCY |
| Total Assets BOY | 112246755 | TotalAssetsBOY |
| Total Assets EOY | 115643071 | TotalAssetsEOY |
| Total Liabilities BOY | 35145882 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33584473 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 77100873 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 82058598 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THROUGH EXCELLENCE IN EDUCATION, THE SCHOOL DEVELOPS THE POTENTIAL OF EACH STUDENT BY FOSTERING INTELLECTUAL CURIOUSITY, PRINCIPLED CHARACTER, ETHICAL LEADERSHIP AND A RESPONSIBILITY TO SERVE. THE KEY VALUES AND COMMITMENTS ARE EDUCATIONAL EXCELLENCE, CHARACTER, COMMUNITY, AND SERVICE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 27184819 | Expense |
| Grants | 3568668 | Grants |
| Revenue | 33781147 | Revenue |
| Description | FUNDS WERE USED TO PROVIDE COMPREHENSIVE EDUCATIONAL PROGRAMS TO APPROXIMATELY 1,600 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH GRADE 12. | Description |
| Total Program Service Expense | 27184819 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 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 | 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 | 44 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 564 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | VI | NameOfForeignCountry |
| 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 | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID MANCOS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7049434551 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 CARMEL ROAD | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 282265096 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| A WELLFORD TABOR | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ROBERT T DOOLEY III | |||||||
| VICE CHAIR | 4.00 | X | 0 | 0 | 0 | X | |
| VICKY C MITCHENER | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| J CARLTON SHOWALTER JR | |||||||
| VICE CHAIR | 4.00 | X | 0 | 0 | 0 | X | |
| L WATTS HAMRICK III | |||||||
| CHAIR | 4.00 | X | 0 | 0 | 0 | X | |
| CHERYL D COURTLANDT MD | |||||||
| VICE CHAIR | 4.00 | X | 0 | 0 | 0 | X | |
| GREGORY H GACH | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| TODD GORELICK | |||||||
| VICE CHAIR | 4.00 | X | 0 | 0 | 0 | X | |
| STEPHANIE S LYNCH | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| SHANNON W MCFAYDEN | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ANDREW D PLEPLER | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ARTHUR C ROSELLE | |||||||
| SECRETARY/TREASURER | 4.00 | X | 0 | 0 | 0 | X | |
| SALLY SAUSSY | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| J TRAVIS HAIN | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| GARY R WOLFE | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| WILLIAM WADE WOOD | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| HOWARD C BISSELL | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ROBERT H STOLZ | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| ROY H PARK III | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| DR JAMES W ROBERTS | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| LOUIS A BLEDSOE III | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| D ANN CAULKINS | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| PATRICK L DIAMOND | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| AMY F OWEN | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| SCOTT B PERPER | |||||||
| VICE CHAIR | 4.00 | X | 0 | 0 | 0 | X | |
| WALKER L POOLE | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| RONALD A VEITH | |||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | ||
| DAVID MANCOS | |||||||
| VICE PRESIDENT | 70.00 | 222745 | 0 | 21098 | X | ||
| MARK REED | |||||||
| HEAD OF SCHOOL | 70.00 | 327800 | 0 | 27090 | X | ||
| AMOS BRANSON | |||||||
| ATHLETIC DIRECTOR | 50.00 | 116367 | 0 | 15692 | X | ||
| RON VARNER | |||||||
| FACILITIES & OPERATIONS MANAGER | 50.00 | 125111 | 0 | 14862 | X | ||
| PATRICK J PHILLIPS | |||||||
| HEAD OF UPPER SCHOOL | 50.00 | 116875 | 0 | 11641 | X | ||
| KEVIN DALY | |||||||
| MS, PHYSICAL EDUCATION INSTRUCTOR | 50.00 | 160435 | 0 | 14074 | X | ||
| MARGARET P OTEY | |||||||
| HEAD OF LOWER SCHOOL | 50.00 | 116500 | 0 | 13953 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1185833 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 118410 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 0 | 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 |
|---|---|---|---|---|---|
| ALADDIN FOOD MANAGEMENT SERVICES | |||||
| 16567 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 606931656 | FOOD SERVICES | 993412 |
| ARAMARK CORPORATION | |||||
| 24858 NETWORK PLACE | CHICAGO | IL | 606731248 | CUSTODIAL SERVICES | 895354 |
| KNIGHT TRAVEL | |||||
| PO BOX 470067 | CHARLOTTE | NC | 282470067 | TRANSPORTATION | 177890 |
| GOV CONNECTION INC | |||||
| PO BOX 382810 | PITTSBURGH | PA | 152508810 | TECHNOLOGICAL SERVICES | 169873 |
| SHOWALTER CONSTRUCTION CO INC | |||||
| 620 WEST 24TH STREET | CHARLOTTE | NC | 282062517 | CONSTRUCTION | 118237 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 3837236 | AllOtherContributions |
| Noncash Contributions | 7377 | NoncashContributions |
| Total Contributions | 3837236 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611710 | 30714153 | 30714153 |
| PROGRAM FEES | 611710 | 1492185 | 1492185 |
| FOOD SERVICES | 611710 | 995049 | 995049 |
| TRANSPORTATION | 480000 | 367949 | 367949 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 33569336 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 843277 | TotalRevenueColumn |
| Exclusion | $843,277 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16831 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16831 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16831 | TotalRevenueColumn |
| Exclusion | $16,831 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 630268 | Securities |
| Other | 4599 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -179152 | Securities |
| Other | 6189 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 809420 | Securities |
| Other | -1590 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 807830 | TotalRevenueColumn |
| Exclusion | $807,830 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 569381 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 366569 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 202812 | TotalRevenueColumn |
| Exclusion | $202,812 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 202855 | GrossSalesOfInventory |
| Cost Of Goods Sold | 227929 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -25074 | TotalRevenueColumn |
| Exclusion | -$25,074 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| OTHER INCOME | 900099 | 94968 | 94968 |
| FORFEITED DEPOSITS | 611710 | 46025 | 46025 |
| APPLICATION FEES | 611710 | 37050 | 37050 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33768 | TotalRevenueColumn |
| Related Or Exempt Function Income | 33768 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 211811 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39464059 | TotalRevenueColumn |
| Related Or Exempt Function Income | 33781147 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,845,676 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3568668 | Total |
| Program Services | 3568668 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18429410 | Total |
| Program Services | 14095584 | ProgramServices |
| Management And General | 3848678 | ManagementAndGeneral |
| Fundraising | 485148 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 910690 | Total |
| Program Services | 685827 | ProgramServices |
| Management And General | 198797 | ManagementAndGeneral |
| Fundraising | 26066 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2152464 | Total |
| Program Services | 1669767 | ProgramServices |
| Management And General | 421452 | ManagementAndGeneral |
| Fundraising | 61245 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1345700 | Total |
| Program Services | 1041752 | ProgramServices |
| Management And General | 265732 | ManagementAndGeneral |
| Fundraising | 38216 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48284 | Total |
| Management And General | 48284 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46890 | Total |
| Management And General | 46890 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1368773 | Total |
| Program Services | 86361 | ProgramServices |
| Management And General | 1270992 | ManagementAndGeneral |
| Fundraising | 11420 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2098 | Total |
| Program Services | 1932 | ProgramServices |
| Management And General | 166 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 848940 | Total |
| Program Services | 73906 | ProgramServices |
| Management And General | 756450 | ManagementAndGeneral |
| Fundraising | 18584 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337853 | Total |
| Program Services | 15791 | ProgramServices |
| Management And General | 203461 | ManagementAndGeneral |
| Fundraising | 118601 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 881164 | Total |
| Program Services | 837106 | ProgramServices |
| Management And General | 44058 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66695 | Total |
| Program Services | 33516 | ProgramServices |
| Management And General | 33179 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65093 | Total |
| Management And General | 5730 | ManagementAndGeneral |
| Fundraising | 59363 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339745 | Total |
| Program Services | 322758 | ProgramServices |
| Management And General | 16987 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2083991 | Total |
| Program Services | 1979791 | ProgramServices |
| Management And General | 104200 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 222953 | Total |
| Program Services | 11408 | ProgramServices |
| Management And General | 211545 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BOOKS & EDUCATIONAL PRO | 1601966 | 1214900 | 219416 | 167650 |
| FOOD SERVICE & HOSPITAL | 950999 | 950999 | ||
| GROUNDS EXPENSE & MAINT | 751914 | 87535 | 664379 | |
| ATHLETIC EXPENSE & BOOS | 434972 | 345164 | 89808 | |
| SECURITY | 95829 | 91038 | 4791 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 540539 | Total |
| Program Services | 71016 | ProgramServices |
| Management And General | 232122 | ManagementAndGeneral |
| Fundraising | 237401 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37095630 | Total |
| Program Services | 27184819 | ProgramServices |
| Management And General | 8597309 | ManagementAndGeneral |
| Fundraising | 1313502 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8257763 | BOY |
| EOY | 8848151 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18515113 | BOY |
| EOY | 12535821 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9166457 | BOY |
| EOY | 6837307 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 356571 | BOY |
| EOY | 276183 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139599 | BOY |
| EOY | 134559 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 273196 | BOY |
| EOY | 257826 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 69173389 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25610214 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45231031 | BOY |
| EOY | 43563175 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30188188 | BOY |
| EOY | 42960185 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118837 | BOY |
| EOY | 229864 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112246755 | BOY |
| EOY | 115643071 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3122250 | BOY |
| EOY | 3153825 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7123086 | BOY |
| EOY | 6742581 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24155000 | BOY |
| EOY | 23050000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 745546 | BOY |
| EOY | 638067 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35145882 | BOY |
| EOY | 33584473 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44999763 | BOY |
| EOY | 45350539 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16516536 | BOY |
| EOY | 19896622 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15584574 | BOY |
| EOY | 16811437 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77100873 | BOY |
| EOY | 82058598 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112246755 | BOY |
| EOY | 115643071 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2368429 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2589296 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18682319 | BeginningOfYearBalance |
| Contributions | 1642735 | Contributions |
| Investment Earnings Or Losses | 3794244 | InvestmentEarningsOrLosses |
| Other Expenditures | 600000 | OtherExpenditures |
| End Of Year Balance | 23519298 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15768568 | BeginningOfYearBalance |
| Contributions | 1436569 | Contributions |
| Investment Earnings Or Losses | 1812182 | InvestmentEarningsOrLosses |
| Other Expenditures | 335000 | OtherExpenditures |
| End Of Year Balance | 18682319 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18549125 | BeginningOfYearBalance |
| Contributions | 1602745 | Contributions |
| Investment Earnings Or Losses | -3718757 | InvestmentEarningsOrLosses |
| Other Expenditures | 664545 | OtherExpenditures |
| End Of Year Balance | 15768568 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.35000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.65000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2767619 | OtherCostOrOtherBasis |
| Book Value | 2767619 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49525098 | OtherCostOrOtherBasis |
| Depreciation | 19355668 | Depreciation |
| Book Value | 30169430 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9597957 | OtherCostOrOtherBasis |
| Depreciation | 3751114 | Depreciation |
| Book Value | 5846843 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7282715 | OtherCostOrOtherBasis |
| Depreciation | 2503432 | Depreciation |
| Book Value | 4779283 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 43563175 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MUTUAL FUNDS | 12728717 | F |
| COMMON STOCKS | 1551106 | F |
| BONDS & FIXED INCOME FUNDS | 20536888 | F |
| PRIVATE INVESTMENT FUNDS | 6562228 | F |
| INDEX FUNDS | 1581246 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 42960185 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED LOSS ON SWAP AGREEMENT | Description |
| Amount | $638,067 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 638067 | TotalOfAmounts |
| Total Revenue | 39464059 | TotalRevenue |
| Total Expenses | 37095630 | TotalExpenses |
| Excess Or Deficit For Year | 2368429 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2482636 | NetUnrealizedGLOnInvestments |
| Other | $106,660 | OtherAmount |
| Total Adjustments | 2589296 | TotalAdjustments |
| Excess Or Deficit Per FS | 4957725 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 40933703 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2482636 | NetUnrealizedGainsInvestments |
| Other Revenues | -1562190 | OtherRevenues |
| Revenue Not Rptd F990 | 920446 | RevenueNotRptdF990 |
| Revenue Subtotal | 40013257 | RevenueSubtotal |
| Investment Expenses Not Included | 46890 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -596088 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -549198 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 39464059 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 35975978 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 596088 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 596088 | ExpensesNotRptdF990 |
| Expenses Subtotal | 35379890 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 46890 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1668850 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1715740 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 37095630 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS, GENERAL OPERATING EXPENSES AND PROPERTY AND EQUIPMENT IMPROVEMENTS AND UPKEEP. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE SCHOOL FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAXEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE SCHOOL, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2011 AND 2010, AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED LOSS ON SWAP AGREEMENT -819. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 107,479. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID AND SCHOLARSHIPS SHOWN NET OF TUITION ON FINANCIALS -1,668,850. UNREALIZED LOSS ON SWAP AGREEMENT 107,479. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -819. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD -227,929. SPECIAL EVENT EXPENSES -366,569. LOSS ON EQUIPMENT DISPOSAL -1,590. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 227,929. SPECIAL EVENT EXPENSES 366,569. LOSS ON EQUIPMENT DISPOSAL 1,590. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND SCHOLARSHIPS SHOWN NET OF TUITION ON FINANCIALS 1,668,850. |
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'S RACIALLY NON-DISCRIMINATORY POLICY TOWARDS STUDENTS IS PUBLISHED THROUGH A PRINTED STATEMENT OF THE SCHOOL'S ADMINISTRATION POLICY IN A LOCAL NEWSPAPER AND MAGAZINES. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BIG SATURDAY | NameOfEvent1 |
| Gross Receipts Event1 | 110675 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 110675 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 64011 | OtherDirectExpensesEvent1 |
| Name Of Event2 | CAR RAFFLE | NameOfEvent2 |
| Gross Receipts Event2 | 78555 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 78555 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 13792 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 380151 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 380151 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 288766 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 569381 | GrossReceiptsTotal |
| Gross Revenue Total Events | 569381 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 366569 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 366569 | DirectExpenseSummaryEvents |
| Net Income Summary | 202812 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FINANCIAL AID | 222 | 3366305 |
| SCHOLARSHIPS | 33 | 202363 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE AMOUNT OF THE FINANCIAL AID OR SCHOLARSHIP IS ONLY APPLIED TO A STUDENTS' BILLING ACCOUNT. THE FINANCIAL AID COMMITTEE REVIEWS ALL REQUESTS FOR FINANCIAL AID. ADDITIONALLY, EACH DONOR (OF A NAMED SCHOLARSHIP ENDOWMENT) RECEIVES A LETTER FROM DEVELOPMENT SAYING WHO RECEIVED THE SCHOLARSHIP. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID MANCOS | |||||||||||||
| 222745 | 0 | 0 | 0 | 0 | 0 | 14108 | 0 | 6990 | 0 | 243843 | 0 | 0 | 0 |
| MARK REED | |||||||||||||
| 327800 | 0 | 0 | 0 | 0 | 0 | 20100 | 0 | 6990 | 0 | 354890 | 0 | 0 | 0 |
| KEVIN DALY | |||||||||||||
| 160435 | 0 | 0 | 0 | 0 | 0 | 7109 | 0 | 6965 | 0 | 174509 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | THE SCHOOL CONTRIBUTED $10,300 TO A 457(B) PLAN FOR THE HEAD OF SCHOOL, MARK REED, FOR HIS SERVICES TO THE SCHOOL. | Explanation |
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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CUSIP Number | 65818PGN3 | CUSIPNumber |
| Date Issued | 2008-06-01 | DateIssued |
| Issue Price | 12690000 | IssuePrice |
| Description Of Purpose | SCHOOL 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 | 12690000 | TotalProceeds |
| Issuance Costs From Proceeds | 159515 | IssuanceCostsFromProceeds |
| Capital Expenditures | 12530485 | 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 |
| 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 |
| 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHOWALTER CONSTRUCTION CO INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | CARL SHOWALTER IS A MEMBER OF THE BOARD OF TRUSTEES & OWNER OF THE COMPANY | Relationship |
| Amount Of Transaction | 118237 | AmountOfTransaction |
| Description Of Transaction | CONSTRUCTION COSTS WERE NEGIOTIATED IN THE NORMAL COURSE OF BUSINESS AND AT ARM'S LENGTH. | 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 AUDIT COMMITTEE REVIEWS THE IRS FORM 990 WITH THE CHIEF FINANCIAL OFFICER BEFORE THE FORM IS FILED. A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING. MEMBERS ARE ENCOURAGED TO REVIEW THE FORM AND SUBMIT QUESTIONS TO THE CHAIR OF THE AUDIT COMMITTEE. | |
| THE BOARD MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS. ALL TRUSTEES AND OTHER INTERESTED PERSONS ARE REQUIRED TO READ, COMPLETE AND SIGN THE CONFLICT OF INTEREST FORM ANNUALLY. IF AN ISSUE IS TO BE DECIDED BY THE BOARD THAT INVOLVES POTENTIAL CONFLICT OF INTEREST FOR A BOARD MEMBER OR OTHER INTERESTED PERSONS, IT IS THE RESPONSIBILITY OF THE BOARD MEMBER OR OTHER INTERESTED PERSONS TO: (1) IDENTIFY THE POTENTIAL CONFLICT OF INTEREST SO THAT BOARD MEMBERS WHO ARE VOTING ON A DECISION ARE AWARE THAT ANOTHER MEMBERS' INTEREST ARE NOT BEING AFFECTED; (2) NOT PARTICIPATE IN THE DISCUSSION OF THE PROGRAM, ISSUE OR MOTION BEING CONSIDERED; AND (3) NOT VOTE ON THE MOTION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE SCHOOL HAS A HEAD COMPENSATION COMMITTEE. THE COMMITTEE ANNUALLY REVIEWS BENCHMARK COMPENSATION DATA FROM SEVERAL SOURCES SUCH AS NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL (NAIS) AND JOINT RESEARCH PROJECT ORGANIZATION (JRPO). THE COMMITTEE ANALYZES DATA FROM THESE AND OTHER ORGANIZATIONS IN ORDER TO MAKE A RECOMMENDATION TO THE BOARD OF TRUSTEES REGARDING THE HEAD COMPENSATION. THE BOARD HAS APPROVAL AUTHORITY FOR THE HEAD COMPENSATION AND APPROVES THE PACKAGE ANNUALLY. ALL DISCUSSIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES. THE HEAD OF SCHOOL DETERMINES AND ESTABLISHES SALARIES FOR ALL OTHER TOP MANAGEMENT AND KEY EMPLOYEES. HE USES DATA FROM THESE SAME ORGANIZATIONS (NAIS & JRPO) TO ASSIST IN ESTABLISHING TOP MANAGEMENT AND KEY EMPLOYEE SALARIES. ALL SALARY INCREASES MUST BE WITHIN THE BUDGET AS APPROVED BY THE BOARD OF TRUSTEES, AND THE BOARD MONITORS THE BUDGET TO INSURE COMPLIANCE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE 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: 2,482,636. UNREALIZED LOSS ON SWAP AGREEMENT -819. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 107,479. TOTAL TO FORM 990, PART XI, LINE 5: 2,589,296. | FORM 990, PART XI, LINE 5: |
| THE AUDIT COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES TO ASSIST THE BOARD IN FULFILLING ITS FISCAL OVERSIGHT RESPONSIBILITIES. THE PRIMARY DUTIES OF THE COMMITTEE ARE: TO MONITOR THE INTEGRITY OF CHARLOTTE COUNTRY DAY SCHOOL'S FINANCIAL REPORTING PROCESS AND SYSTEMS OF INTERNAL CONTROLS REGARDING FINANCE, ACCOUNTING AND LEGAL COMPLIANCE, TO MONITOR THE PERFORMANCE OF CHARLOTTE COUNTRY DAY SCHOOL'S INDEPENDENT AUDITORS, AND TO PROVIDE AN AVENUE OF COMMUNICATION AMONG THE INDEPENDENT AUDITORS, MANAGEMENT AND THE BOARD OF TRUSTEES. | FORM 990, PART XII, LINE 2C: | |
| PASSIVE FOREIGN INVESTMENTS: | CHARLOTTE COUNTRY DAY SCHOOL IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" ("PFICS"). THE SCHOOL IS AN INVESTOR IN GREENLIGHT CAPITAL OFFSHORE FUND, LTD IN THE BRITISH VIRGIN ISLANDS, LANX OFFSHORE PARTNERS (QP) LTD IN THE CAYMAN ISLANDS AND THE UBP SELECTINVEST ARV II, LTD IN THE CAYMAN ISLANDS. THEY RECEIVED NO TAXABLE DISTRIBUTIONS FROM ANY OF THE ABOVE FUNDS DURING FISCAL YEAR 2011. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG SEC 1.1291-1(E). |