WAYLAND ACADEMY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WAYLAND ACADEMY (EIN 39-0806363)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-10-31
- IRS object ID
- 201113049349300316
- 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 J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-31T10:07:57-05:00 | 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 | PARENT DOTT AND COMPANY LTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 516 | AddressLine1 |
| City | BEAVER DAM | City |
| State | WI | State |
| ZIP Code | 539160516 | 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 | 390806363 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYLAND ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WAYL | NameControl |
| Phone | 9208853373 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 NORTH UNIVERSITY AVENUE | AddressLine1 |
| City | BEAVER DAM | City |
| State | WI | State |
| ZIP Code | 539162253 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RODNEY D MILLER | Name |
| Title | CFO | Title |
| Phone | 9208853373 | Phone |
| Date Signed | 2011-10-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DANIEL C BARTELT CPA | Name |
| Phone | 9208853388 | Phone |
| Date Prepared | 2011-10-18 | DatePrepared |
| 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 | JOSEPH LENNERTZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 NORTH UNIVERSITY AVENUE | AddressLine1 |
| City | BEAVER DAM | City |
| State | WI | State |
| ZIP Code | 539162253 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11908032 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WAYLAND.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1855 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | SEE PART III, #1 | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 64 | TotalNbrEmployees |
| Total Nbr Volunteers | 215 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1176543 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 934591 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4394214 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3886248 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 339850 | InvestmentIncomePriorYear |
| Investment Income Current Year | 605795 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 69294 | OtherRevenuePriorYear |
| Other Revenue Current Year | 100132 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5979901 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5526766 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2678755 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2354212 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 489861 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3463850 | OtherExpensePriorYear |
| Other Expenses Current Year | 3457867 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6142605 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5812079 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -162704 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -285313 | RevenuesLessExpensesCY |
| Total Assets BOY | 22556588 | TotalAssetsBOY |
| Total Assets EOY | 22481639 | TotalAssetsEOY |
| Total Liabilities BOY | 5693282 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4914478 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16863306 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17567161 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PREPARE YOUNG PEOPLE FOR A SUCCESSFUL COLLEGE EXPERIENCE IN A RAPIDLY CHANGING WORLD BY OPENING THEIR MINDS TO THE PURSUIT OF KNOWLEDGE AND THEIR HEARTS TO THE DEVELOPMENT OF STRONG CHARACTER. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4437974 | Expense |
| Revenue | 3886248 | Revenue |
| Description | EDUCATIONAL SERVICES PROVIDED TO HIGH SCHOOL STUDENTS TO PREPARE EACH STUDENT FOR A SUCCESSFUL COLLEGE EXPERIENCE, TO BE SUCCESSFUL BEYOND THE HIGH SCHOOL YEARS AND TO LEAD MEANINGFUL LIVES. ENROLLMENT FOR THE 2010-11 ACADEMIC YEAR WAS 215 STUDENTS. | Description |
| Total Program Service Expense | 4437974 | 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 | 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 | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 1 | 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 | 16 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 64 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | 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 | 0 | ConflictOfInterestPolicy |
| 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 | WI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RODNEY D MILLER CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9208853373 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 N UNIVERSITY AVE | AddressLine1 |
| City | BEAVER DAM | City |
| State | WI | State |
| ZIP Code | 53916 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 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 | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| SUSAN A PETERSON | ||||||||
| TRUSTEE CHAIR | 8.00 | X | 0 | 0 | 0 | |||
| ELIZABETH W PARKER | ||||||||
| VICE CHAIR | 6.00 | X | 0 | 0 | 0 | |||
| ALLEN J PROCTOR | ||||||||
| VICE CHAIR, TREASURER | 6.00 | X | 0 | 0 | 0 | |||
| SCOTT LOWELL | ||||||||
| SECRETARY | 6.00 | X | 0 | 0 | 0 | |||
| HARRY L CODY | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| RICHARD H KIMBERLY | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| ROBERT W KUEHLING | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| WILLIAM T LUEDKE IV | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| JOHN B MCKINSTRY | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| JANET MILLERMAIER | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| ROSINA SAMADANI | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| JUDY RONIN SCHERB | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| HILARY BISHOP SCOTT | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| GEORGIANNA S STARZ | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| BURNETT G SULLIVAN | ||||||||
| TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MARK C RAUSCHERT | ||||||||
| FORMER TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| VICTOR FALK | ||||||||
| FORMER TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| MICHELLE HEBL | ||||||||
| FORMER TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| JAMES L JANIK | ||||||||
| FORMER TRUSTEE | 4.00 | X | 0 | 0 | 0 | |||
| JOSEPH LENNERTZ | ||||||||
| INTERIM PRESIDENT/ ACADEMIC DEAN | 40.00 | 86432 | 0 | 7827 | X | |||
| RODNEY D MILLER | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 91172 | 0 | 2739 | X | |||
| TRENT JACKSON | ||||||||
| VICE PRESIDENT, DEVELOPMENT | 40.00 | 138523 | 0 | 4746 | X | |||
| MICHAEL C VANHAREN | ||||||||
| TRUSTEE | 4.00 | 0 | 0 | 0 | X | |||
| ROBERT L ESTEN | ||||||||
| FORMER PRESIDENT | 0.00 | 110678 | 0 | 4457 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 426805 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 19769 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SODEXO INC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4880 PAYSHPERE CIRCLE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60674 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | FACILITIES MANAGMENT AND FOOD SERVICE | DescriptionOfServices |
| Compensation | 1312833 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 36113 | FundraisingEvents |
| All Other Contributions | 898478 | AllOtherContributions |
| Noncash Contributions | 241199 | NoncashContributions |
| Total Contributions | 934591 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES FOR E | 900099 | 3839790 | 3839790 |
| PROGRAM RELATED STORE | 453000 | 46458 | 46458 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3886248 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 204520 | TotalRevenueColumn |
| Exclusion | $204,520 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8446 | TotalRevenueColumn |
| Exclusion | $8,446 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 60177 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21730 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 38447 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38447 | TotalRevenueColumn |
| Exclusion | $38,447 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6731519 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6330244 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 401275 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 401275 | TotalRevenueColumn |
| Exclusion | $401,275 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 28727 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 36113 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 28727 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 2865 | GrossIncomeGaming |
| Gaming Direct Expenses | 565 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2300 | TotalRevenueColumn |
| Exclusion | $2,300 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MISCELLANEOUS REVENUE | 900099 | 20041 | $20,041 |
| ALUMNI/PARENTS EVENTS | 900099 | 14275 | $14,275 |
| PERPETUAL TRUST DISTRI | 900099 | 13898 | $13,898 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2725 | TotalRevenueColumn |
| Exclusion | $2,725 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 50939 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5526766 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3886248 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $705,927 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350238 | Total |
| Program Services | 94246 | ProgramServices |
| Management And General | 117469 | ManagementAndGeneral |
| Fundraising | 138523 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1637002 | Total |
| Program Services | 1226642 | ProgramServices |
| Management And General | 258945 | ManagementAndGeneral |
| Fundraising | 151415 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42380 | Total |
| Program Services | 29320 | ProgramServices |
| Management And General | 5932 | ManagementAndGeneral |
| Fundraising | 7128 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 154348 | Total |
| Program Services | 102757 | ProgramServices |
| Management And General | 28314 | ManagementAndGeneral |
| Fundraising | 23277 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170244 | Total |
| Program Services | 114898 | ProgramServices |
| Management And General | 30375 | ManagementAndGeneral |
| Fundraising | 24971 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7790 | Total |
| Management And General | 7790 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36357 | Total |
| Management And General | 36357 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31828 | Total |
| Management And General | 31828 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5779 | Total |
| Management And General | 5779 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22582 | Total |
| Management And General | 6100 | ManagementAndGeneral |
| Fundraising | 16482 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112127 | Total |
| Program Services | 2376 | ProgramServices |
| Management And General | 101291 | ManagementAndGeneral |
| Fundraising | 8460 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48650 | Total |
| Program Services | 48650 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 410531 | Total |
| Program Services | 410531 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110062 | Total |
| Program Services | 31501 | ProgramServices |
| Management And General | 13704 | ManagementAndGeneral |
| Fundraising | 64857 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113908 | Total |
| Program Services | 2435 | ProgramServices |
| Management And General | 66972 | ManagementAndGeneral |
| Fundraising | 44501 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141331 | Total |
| Program Services | 132487 | ProgramServices |
| Management And General | 8844 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 551332 | Total |
| Program Services | 551332 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97532 | Total |
| Management And General | 97532 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACTED SERVICES | 1330146 | 1330146 | ||
| SUPPLIES | 258459 | 220974 | 29165 | 8320 |
| ATHLETIC FEES | 41783 | 41783 | ||
| STORE PURCHASES | 34209 | 34209 | ||
| EMPLOYEE EXPENSE | 26600 | 26600 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76861 | Total |
| Program Services | 63687 | ProgramServices |
| Management And General | 11247 | ManagementAndGeneral |
| Fundraising | 1927 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5812079 | Total |
| Program Services | 4437974 | ProgramServices |
| Management And General | 884244 | ManagementAndGeneral |
| Fundraising | 489861 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 587541 | BOY |
| EOY | 794056 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 685429 | BOY |
| EOY | 535006 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408902 | BOY |
| EOY | 131646 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36583 | BOY |
| EOY | 15593 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 7095 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39577 | BOY |
| EOY | 37393 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52765 | BOY |
| EOY | 56503 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 19480980 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8541051 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11366387 | BOY |
| EOY | 10939929 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8718827 | BOY |
| EOY | 9218620 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29009 | BOY |
| EOY | 27778 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 520725 | BOY |
| EOY | 602016 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110843 | BOY |
| EOY | 116004 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22556588 | BOY |
| EOY | 22481639 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 434781 | BOY |
| EOY | 270539 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2089529 | BOY |
| EOY | 1968601 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2940147 | BOY |
| EOY | 2469436 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 228825 | BOY |
| EOY | 205902 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5693282 | BOY |
| EOY | 4914478 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6567403 | BOY |
| EOY | 6972865 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1175057 | BOY |
| EOY | 1575290 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9120846 | BOY |
| EOY | 9019006 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16863306 | BOY |
| EOY | 17567161 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22556588 | BOY |
| EOY | 22481639 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -285313 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 989169 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8747836 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1522700 | InvestmentEarningsOrLosses |
| Other Expenditures | -992429 | OtherExpenditures |
| Administrative Expenses | -31708 | AdministrativeExpenses |
| End Of Year Balance | 9246399 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7694503 | BeginningOfYearBalance |
| Contributions | 368532 | Contributions |
| Investment Earnings Or Losses | 1114864 | InvestmentEarningsOrLosses |
| Other Expenditures | -400000 | OtherExpenditures |
| Administrative Expenses | -30063 | AdministrativeExpenses |
| End Of Year Balance | 8747836 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9691213 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -1578968 | InvestmentEarningsOrLosses |
| Other Expenditures | -390579 | OtherExpenditures |
| Administrative Expenses | -27163 | AdministrativeExpenses |
| End Of Year Balance | 7694503 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.99700 | 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 | 486368 | OtherCostOrOtherBasis |
| Book Value | 486368 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16108365 | OtherCostOrOtherBasis |
| Depreciation | 6674546 | Depreciation |
| Book Value | 9433819 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2124947 | OtherCostOrOtherBasis |
| Depreciation | 1399671 | Depreciation |
| Book Value | 725276 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 761300 | OtherCostOrOtherBasis |
| Depreciation | 466834 | Depreciation |
| Book Value | 294466 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 10939929 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CLUB ACCOUNTS | $15,638 |
| PRESENT VALUE OF FUTURE ANNUITY OBLIGATIONS | $167,975 |
| CAPITAL LEASE OBLIGATION | $22,289 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 205902 | TotalOfAmounts |
| Total Revenue | 5526766 | TotalRevenue |
| Total Expenses | 5812079 | TotalExpenses |
| Excess Or Deficit For Year | -285313 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 919265 | NetUnrealizedGLOnInvestments |
| Other | $69,904 | OtherAmount |
| Total Adjustments | 989169 | TotalAdjustments |
| Excess Or Deficit Per FS | 703856 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6597472 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 919265 | NetUnrealizedGainsInvestments |
| Other Revenues | 183269 | OtherRevenues |
| Revenue Not Rptd F990 | 1102534 | RevenueNotRptdF990 |
| Revenue Subtotal | 5494938 | RevenueSubtotal |
| Investment Expenses Not Included | 31828 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 31828 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5526766 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5882228 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 101977 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 101977 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5780251 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 31828 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 31828 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5812079 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | COLLECTION ITEMS ACQUIRED BY CONTRIBUTION TO THE ORGANIZATION SINCE 1997 ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. THE ONLY ITEM RECEIVED IS A WORK OF ART THAT IS HELD FOR PUBLIC EXHIBITION IN THE COURTYARD OF THE CAMPUS. THE ITEM WAS RECEIVED IN OCTOBER 2007 AND HAD AN APPRAISED VALUE OF APPROXIMATELY $31,000 AT THE TIME OF THE CONTRIBUTION. THIS ITEM IS NOT SUBJECT TO ANY RESTRICTIONS BY THE DONOR. | |
| PART III, LINE 4: | WORK OF ART HELD FOR PUBLIC EXHIBITION IN THE COURTYARD OF THE SCHOOLS CAMPUS SERVES TO BEAUTIFY THE GROUNDS FOR STUDENTS, PARENTS, PROSPECTIVE STUDENTS, AND ALL OTHER VISITORS TO THE ACADEMY. | |
| PART V, LINE 4: | THE ORGANIZATION'S INVESTED ASSETS WHICH SERVE AS THE ENDOWMENT FUND CONSISTS OF TEMPORARILY RESTRICTED FUNDS BEING HELD FOR THE PURPOSES DESIGNATED BY A DONOR AT THE TIME OF THE ORIGINAL GIFT TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS DESIRING TO ATTEND THE ACADEMY, AND OTHER ASSISTANCE TO VARIOUS EDUCATIONAL AND ATHLETIC PROGRAMS OFFERED BY THE ACADEMY. ADDITIONALLY THE ENDOWMENT ALSO CONSISTS OF PERMANENTLY RESTRICTED NET ASSETS COMPRISED OF CONTRIBUTIONS DESIGNATED TO BE HELD INDEFINITELY BY A DONOR, AND TEMPORARILY INVESTED FUNDS WHICH ARE UNRESTRICTED IN NATURE AND DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE ACADEMY ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740-10 (FORMALLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) ON JULY 1, 2009. ALL TAX POSITIONS, INCLUDING THE TAX EXEMPT STATUS OF WAYLAND ACADEMY AND POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT), HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS BEEN DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION OF TAXING AUTHORITIES. AT JUNE 30, 2011 AND 2010 THERE WERE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| ACTUARIAL CHANGE TO ANNUITY OBLIGATIONS -11,388. ACTUARIAL CHANGE TO PERPETUAL TRUST 81,291. ROUNDING ADJUSTMENT 1. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| ACTUARIAL CHANGE TO PERPETUAL TRUST INCLUDED ON FORM 990, SCH D, PART XI 81,291. RENTAL EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 6B 21,730. PLEDGE ADJUSTMENT INCLUDED ON FORM 990, PART VIII, LINE 1F 80,247. ROUNDING ADJUSTMENT 1. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 6B 21,730. PLEDGE ADJUSTMENT INCLUDED ON FORM 990, PART VIII, LINE 1F 80,247. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | ALL ADVERTISING INCLUDES A STATEMENT OF THE ACADEMY'S NONDISCRIMINATION POLICY. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING GALA AND AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 64840 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 36113 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 28727 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 28727 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 64840 | GrossReceiptsTotal |
| Charitable Contributions Total | 36113 | CharitableContributionsTotal |
| Gross Revenue Total Events | 28727 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 28727 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 28727 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT L ESTEN | NamePerson |
| Base Compensation Filing Org | 110678 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 4457 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 115135 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | PART I, LINE 1A: THE PRESIDENT OF WAYLAND ACADEMY IS ALLOWED USE OF A PERSONAL RESIDENCE LOCATED ON THE CAMPUS OF THE SCHOOL, AND THE EMPLOYMENT CONTRACT BETWEEN THE ORGANIZATION AND THE PRESIDENT INCLUDES AN ALLOWANCE FOR PAYMENT OF CLUB DUES AS SPECIFIED BY THE PRESIDENT. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TRENT JACKSON | NamePerson |
| Purpose Of Loan | CASH ADVANCES | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $16,649 | OriginalPrincipalAmount |
| Balance Due | 7095 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 7095 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ROBERT L ESTEN | |||
| FORMER PRESIDENT | 18933 | PAYMENTS FOR PERFORMANCE OF SERVICES AS EMPLOYEE TO FAMILY MEMBER OF ROBERT ESTEN, FORMER PRESIDENT. | 0 |
| ROBERT L ESTEN | |||
| FORMER PRESIDENT | FORMER PRESIDENT WAS A DIRECTOR OF BANKING INSTITUTION USED BY THE ORGANIZATION FOR LOANS AND GENERAL BANKING. | 0 | |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 15 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 186975 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET QUOTATIONS | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUCTION ITEMS | Description |
| Number Of Contributions | 100 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 54224 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | EXCHANGE PRICE RECEIVED AT AUCTION | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | WAYLAND ACADEMY USES A PROFESSIONALLY LICENSED STOCKBROKER, UNRELATED TO THE ORGANIZATION, TO SELL ALL PUBLICLY TRADED SECURITIES DONATED TO THE ORGANIZATION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO THE OCTOBER BOARD MEETING, A DRAFT COPY OF THE FORM 990 IN ELECTRONIC FORMAT IS REVIEWED BY EACH VOTING MEMBER OF THE ORGANIZATIONS BOARD OF TRUSTEES, AND THE ORGANIZATIONS CEO AND CFO. AFTER THE OCTOBER BOARD MEETING, THE FORM 990 IS FILED ELECTRONICALLY IN ACCORDANCE WITH IRS REGULATIONS BY THE DUE DATE OF THE RETURN. | |
| THE CHAIRPERSON OF THE BOARD OF TRUSTEES MEETS WITH THE ORGANIZATION'S PRESIDENT TO DISCUSS HIS PERFORMANCE EVALUATION AND COMPENSATION PACKAGE BEFORE THE JANUARY BOARD MEETING. COMPARABLE DATA IS OBTAINED BUT IS NOT SOLELY UTILIZED FOR DETERMINATION OF A COMPENSATION PACKAGE. THE FINANCIAL ABILITY BY THE ORGANIZATION TO PAY AN APPROPRIATE WAGE AND COMPENSATION PACKAGE IS A MAJOR FACTOR IN DETERMINING THE PACKAGE. A WRITTEN CONTRACT SIGNED BY THE CHAIRPERSON AND THE PRESIDENT IS UTILIZED TO EXPLAIN THE COMPENSATION PACKAGE. OTHER KEY EMPLOYEES ARE ANNUALLY EVALUATED BY THE CEO AND A REVIEW OF THIS EVALUATION IS COMPLETED BY MARCH 1ST. COMPARABLE DATA IS OBTAINED AND IS NOT SOLELY UTILIZED FOR DETERMINATION OF A COMPENSATION PACKAGE. THE FINANCIAL ABILITY BY THE ORGANIZATION TO PAY AN APPROPRIATE WAGE AND COMPENSATION PACKAGE IS A MAJOR FACTOR IN DETERMINING THE PACKAGE. A WRITTEN ONE YEAR CONTRACT SIGNED BY THE KEY EMPLOYEE AND CEO IS UTILIZED EXPLAINING THE COMPENSATION PACKAGE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IF A REQUEST WOULD BE MADE, IT WOULD BE DECIDED ON AN INDIVIDUAL CASE BY CASE BASIS BY THE CEO OR CFO TO MAKE ANY OR ALL THE DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 919,265. ACTUARIAL CHANGE TO ANNUITY OBLIGATIONS -11,388. ACTUARIAL CHANGE TO PERPETUAL TRUST 81,291. ROUNDING ADJUSTMENT 1. TOTAL TO FORM 990, PART XI, LINE 5: 989,169. | FORM 990, PART XI, LINE 5: |