WOODWARD ACADEMY INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- WOODWARD ACADEMY INC (EIN 58-0625584)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-01-14
- IRS object ID
- 201140149349300119
- Schema version
- 2009v1.7
- 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 F
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-14T13:53:27-06:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | 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 | 1029 Greene Street | AddressLine1 |
| City | Augusta | City |
| State | GA | State |
| ZIP Code | 30901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580625584 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOODWARD ACADEMY Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WOOD | NameControl |
| Phone | 4047654023 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1662 RUGBY AVENUE | AddressLine1 |
| City | COLLEGE PARK | City |
| State | GA | State |
| ZIP Code | 303372199 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARBARA EGAN | Name |
| Title | vice president | Title |
| Phone | 4047654023 | Phone |
| Date Signed | 2011-01-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7067243557 | Phone |
| Date Prepared | 2011-01-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ms barbara egan | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1662 rugby avenue | AddressLine1 |
| City | COLLEGE PARK | City |
| State | GA | State |
| ZIP Code | 30337 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 102046020 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.woodward.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1900 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | WOODWARD ACADEMY PROVIDES COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN Pre-k THROUGH GRADE 12 | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 849 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 43635 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1235 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3920750 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3323206 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53533335 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 52787963 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -3943400 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2106091 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 78249 | OtherRevenuePriorYear |
| Other Revenue Current Year | 85873 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 53588934 | TotalRevenuePriorYear |
| Total Revenue Current Year | 58303133 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 37992236 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 37955076 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1587945 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 22073687 | OtherExpensePriorYear |
| Other Expenses Current Year | 21766123 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 60065923 | TotalExpensesPriorYear |
| Total Expenses Current Year | 59721199 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -6476989 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1418066 | RevenuesLessExpensesCY |
| Total Assets BOY | 241477284 | TotalAssetsBOY |
| Total Assets EOY | 241833895 | TotalAssetsEOY |
| Total Liabilities BOY | 120546079 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 114829967 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 120931205 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 127003928 | NetAssetsOrFundBalancesEOY |
| Mission Description | Woodward Academy combines the proud traditions of Atlanta's oldest college-preparatory school with an innovative, challenging and well-rounded educational experience. In a broadly diverse and caring community, Woodward embraces the uniqueness of each individual. Guided by our core values of Excellence, Character and Opportunity, we champion student success. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 52979525 | Expense |
| Revenue | 52886898 | Revenue |
| Description | PROVIDED COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN PRESCHOOL THROUGH GRADE TWELVE (APPROXIMATELY 2,800 STUDENTS) | Description |
| Total Program Service Expense | 52979525 | 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 | 1 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 1 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 156 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 849 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | 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 | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | sarah cavender | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4047654023 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1662 RUGBY AVENUE | AddressLine1 |
| City | college park | City |
| State | GA | State |
| ZIP Code | 303372119 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| MR BEN F JOHNSON III | |||||||||
| CHAIRMAN | 2.00 | X | 0 | 0 | 0 | ||||
| MR J RUSSELL WELCH | |||||||||
| VICE-CHAIRMAN | 2.00 | X | 0 | 0 | 0 | ||||
| MS MADELYN ADAMS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR ROBERT E BOWERS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR ROBERT L BRAND JR | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR RONALD M BRILL | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MRS THALIA CARLOS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR CLARENCE DAVIS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR ADAIR DICKERSON | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MRS KITTY DUKEHART | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| DR XAVIER A DURALDE | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| DR NANCY GALLUPS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR STEPHEN R HENNESSY | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| DR JAMES F JONES JR | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MRS TERRI J KIGHT | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR IAN LLOYD-JONES | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| DR ANTHONY A MALIZIA | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR GENE W MILNER JR | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR GEORGE S MORGAN SR | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MRS MARIE L NYGREN | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR TIM A O'BRIEN | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MRS VICKI R PALMER | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR JOHN D RANDOLPH | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MRS PAULA REYNOLDS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR STEPHEN E ROBERTS | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR MITESH SHAH | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR SHI SHAILENDRA | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MR JAMES E SUTHERLAND | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MS BARBARA EGAN | |||||||||
| VICE PRESIDENT/TREASURER | 40.00 | 253449 | 0 | 45775 | X | ||||
| DR f stuart gulley | |||||||||
| president | 40.00 | 256111 | 0 | 24002 | X | ||||
| MR DAVID R MCcOLLUM | |||||||||
| VP/HEADMASTER | 40.00 | 262843 | 0 | 96715 | X | ||||
| mr ROBERT HAWKS | |||||||||
| VICE PRESIDENT | 40.00 | 221431 | 0 | 41544 | X | ||||
| mr RUSSELL SLIDER | |||||||||
| VICE PRESIDENT | 40.00 | 174993 | 0 | 57506 | X | ||||
| mr EDWIN NOTESTINE | |||||||||
| ADMINISTRATOR | 40.00 | 138067 | 0 | 15635 | X | ||||
| mr DAVID CHANDLER | |||||||||
| ADMINISTRATOR | 40.00 | 135148 | 0 | 27059 | X | ||||
| MR WILLIAM LINEBERRY | |||||||||
| ADMINISTRATOR | 40.00 | 136049 | 0 | 27322 | X | ||||
| MR WALLACE L VINCENT | |||||||||
| ADMINISTRATOR | 40.00 | 123043 | 0 | 32812 | X | ||||
| MS KELLY SANDERSON | |||||||||
| ASSISTANT VICE PRESIDENT | 40.00 | 123177 | 0 | 14590 | X | ||||
| GARY JONES | |||||||||
| FORMER PRESIDENT | 0 | 0 | 0 | X | |||||
| WILLIAM R BREWSTER | |||||||||
| FORMER PRESIDENT | 0 | 0 | 0 | X | |||||
| DON WOLFF | |||||||||
| FORMER OFFICER | 0 | 0 | 0 | X | |||||
| JAMES CHANDLER | |||||||||
| FORMER OFFICER | 0 | 0 | 0 | X | |||||
| A THOMAS JACKSON | |||||||||
| FORMER OFFICER | 0 | 0 | 0 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1824311 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 382960 | TotalOtherCompensation |
| Number Individuals GT100 K | 23 | 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 |
|---|---|---|---|---|---|
| DUNN SOUTHEASTDBA RJ GRIFFIN & CO | |||||
| 800 MOUNT VERNON Hwy | ATlanta | GA | 30328 | GENERAL CONTRACTOR | 13695086 |
| the ray landers co inc | |||||
| 482 hannah road | newnan | GA | 30263 | landscaping | 730391 |
| perkins & will | |||||
| 1382 peachTREE street ne | atlanta | GA | 30309 | architects | 365385 |
| MARTIN ELECTRICAL SERVCIES Inc | |||||
| 376 JONES ROAD | HAMPTON | GA | 30228 | ELECTRICAL SERVICES | 276793 |
| ALSTON & BIRD LLP | |||||
| 1201 WEST PEACHTREE STREET | ATLANTA | GA | 30309 | ATTORNEYS | 246313 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| All Other Contributions | 3323206 | AllOtherContributions |
| Noncash Contributions | 118028 | NoncashContributions |
| Total Contributions | 3323206 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 51807726 | 51807726 |
| AUXILiary ACTIVITIES | 900099 | 980237 | 980237 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 52787963 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2378877 | TotalRevenueColumn |
| Exclusion | $2,378,877 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 69404 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 126101 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -56697 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -56697 | TotalRevenueColumn |
| Exclusion | -$56,697 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43344000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43616786 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -272786 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -272786 | TotalRevenueColumn |
| Exclusion | -$272,786 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISC INCOME | 900099 | 98935 | 98935 | |
| MISC INCOME (UBI) | 531390 | 43635 | 43635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 142570 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58303133 | TotalRevenueColumn |
| Related Or Exempt Function Income | 52886898 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 43635 | UnrelatedBusinessRevenue |
| Exclusion | $2,049,394 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1240078 | Total |
| Management And General | 1004838 | ManagementAndGeneral |
| Fundraising | 235240 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29561859 | Total |
| Program Services | 27210631 | ProgramServices |
| Management And General | 1702311 | ManagementAndGeneral |
| Fundraising | 648917 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1251080 | Total |
| Program Services | 1144321 | ProgramServices |
| Management And General | 80069 | ManagementAndGeneral |
| Fundraising | 26690 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3644633 | Total |
| Program Services | 3297997 | ProgramServices |
| Management And General | 262391 | ManagementAndGeneral |
| Fundraising | 84245 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2257426 | Total |
| Program Services | 1993853 | ProgramServices |
| Management And General | 198683 | ManagementAndGeneral |
| Fundraising | 64890 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47922 | Total |
| Management And General | 47922 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42000 | Total |
| Management And General | 42000 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97114 | Total |
| Management And General | 97114 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 897801 | Total |
| Management And General | 895333 | ManagementAndGeneral |
| Fundraising | 2468 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 736346 | Total |
| Program Services | 736346 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1402753 | Total |
| Program Services | 1402753 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37936 | Total |
| Management And General | 37936 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5569673 | Total |
| Program Services | 5569673 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4320880 | Total |
| Program Services | 4320880 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 296779 | Total |
| Management And General | 296779 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| EDUCATIONAL PROGRAM EXP | 3146183 | 3146183 | |
| EQUIPMENT RENTAL & MAIN | 1893515 | 1893515 | |
| DINING EXPENSES | 1355010 | 1355010 | |
| other fundraising expen | 525495 | 525495 | |
| ATHLETIC PROGRAMS EXPEN | 446428 | 446428 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 950288 | Total |
| Program Services | 461935 | ProgramServices |
| Management And General | 488353 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59721199 | Total |
| Program Services | 52979525 | ProgramServices |
| Management And General | 5153729 | ManagementAndGeneral |
| Fundraising | 1587945 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28108178 | BOY |
| EOY | 18194511 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4719973 | BOY |
| EOY | 3926476 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1339395 | BOY |
| EOY | 1696711 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 200000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121284 | BOY |
| EOY | 82978 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32294 | BOY |
| EOY | 41443 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 157471271 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 39119553 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114818306 | BOY |
| EOY | 118351718 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74237107 | BOY |
| EOY | 81863552 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13994747 | BOY |
| EOY | 15765896 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4106000 | BOY |
| EOY | 1710610 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241477284 | BOY |
| EOY | 241833895 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7451182 | BOY |
| EOY | 6496176 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8764012 | BOY |
| EOY | 8997216 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96600000 | BOY |
| EOY | 93200000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7730885 | BOY |
| EOY | 6136575 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120546079 | BOY |
| EOY | 114829967 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106853026 | BOY |
| EOY | 112256636 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4767877 | BOY |
| EOY | 4665572 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9310302 | BOY |
| EOY | 10081720 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120931205 | BOY |
| EOY | 127003928 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241477284 | BOY |
| EOY | 241833895 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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) |
|---|---|---|
| Historic Structure | X | HistoricStructure |
| Total Number Of Easements | 3 | TotalNumberOfEasements |
| Total Acreage | 1.16 | TotalAcreage |
| Nmbr Hist Struct Easements | 3 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 220.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 10000 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 0 | Sect170hRequirementsSatisfied |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9929094 | BeginningOfYearBalance |
| Contributions | 732205 | Contributions |
| Investment Earnings Or Losses | 115338 | InvestmentEarningsOrLosses |
| End Of Year Balance | 10776637 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9824783 | BeginningOfYearBalance |
| Contributions | 382926 | Contributions |
| Investment Earnings Or Losses | -278615 | InvestmentEarningsOrLosses |
| End Of Year Balance | 9929094 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.10000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.90000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 870000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 11254329 | OtherCostOrOtherBasis |
| Book Value | 12124329 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 133558315 | OtherCostOrOtherBasis |
| Depreciation | 30848142 | Depreciation |
| Book Value | 102710173 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11752127 | OtherCostOrOtherBasis |
| Depreciation | 8271411 | Depreciation |
| Book Value | 3480716 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36500 | OtherCostOrOtherBasis |
| Book Value | 36500 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 118351718 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (22 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CASH SURRENDER LIFE INSURANCE | 221306 | F |
| SHORT TERM INVESTMENTS | 26116 | F |
| ASSETS HELD IN TRUST | 384338 | F |
| KING STREET CAPITAL - CLASS S SERIES 4 (24.78 SHS) | 672 | F |
| KING STREET CAPITAL - CLASS S SERIES 5(92.14 SHS) | 6242 | F |
| kING STREET CAPITAL - CLASS S SERIES 7 (8.99 SHS) | 411 | F |
| kING STREET CAPITAL - CLASS a SERIES 3 (345.81 SHS) | 43683 | F |
| KING STREET CAPITAL - CLASS S SERIES 9 (178.85 SHS) | 18831 | F |
| KING STREET CAPITAL - CLASS S SERIES 16 (211.17 SHS) | 26045 | F |
| KING STREET CAPITAL - CLASS S SERIES 18 (91.04 SHS) | 9159 | F |
| KING STREET CAPITAL - CLASS S SERIES 13 (105.85 SHS) | 6761 | F |
| KING STREET CAPITAL - CLASS A SERIES 1 (7013.66 SHS) | 3318157 | F |
| LIGHTHOUSE DIVERSIFIED - CLASS A SHARES (3922.72 SHS) | 6153780 | F |
| bAY RESOURCE - CLASS d SHARES (598.30 SHS) | 4312443 | F |
| hBK OFFSHORE - CLASS C SHARES (0 SH) | 21786 | F |
| MONEY MARKET FUNDS - CD | 64632 | F |
| king street CAPITAL - CLASS s SERIES 20 (121.12 SHS) | 12047 | F |
| kING STREET CAPITAL - CLASS s SERIES 22 (14.54 SHS) | 1448 | F |
| kING STREET CAPITAL - CLASS s SERIES 24 (377.60 SHS) | 36354 | F |
| kING STREET CAPITAL - CLASS s SERIES 14 (348.42 SHS) | 40930 | F |
| brevon howard ASIA FUND ( 1 sh) | 1009242 | F |
| LIGHTHOUSE DIVERSIFIED ( 41.32 SHS) | 51513 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 15765896 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIABILITIES DUE TO BENEFICIARIES | $91,531 |
| due to other funds | $477,989 |
| asset retirement obligation | $180,253 |
| SWAP INTEREST AGREEMENTS | $5,386,802 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6136575 | TotalOfAmounts |
| Total Revenue | 58303133 | TotalRevenue |
| Total Expenses | 59721199 | TotalExpenses |
| Excess Or Deficit For Year | -1418066 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7490789 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 7490789 | TotalAdjustments |
| Excess Or Deficit Per FS | 6072723 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 68681366 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7490789 | NetUnrealizedGainsInvestments |
| Other Revenues | 2887444 | OtherRevenues |
| Revenue Not Rptd F990 | 10378233 | RevenueNotRptdF990 |
| Revenue Subtotal | 58303133 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 58303133 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 62836685 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 3115486 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 3115486 | ExpensesNotRptdF990 |
| Expenses Subtotal | 59721199 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 59721199 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part II, Line 3: | Explanation of Changes to Conservation Easements: | LINE 9: THERE IS NO SPECIAL ACCOUNTING FOR THE SCHOOL'S CONSERVATION EASEMENTS. TWO HISTORICAL STRUCTURES ARE USED IN THE NORMAL OPERATIONS OF THE SCHOOL AS OFFICES. THE THIRD STRUCTURE IS THE CEREMONIAL FRONT GATE OF THE SCHOOL. THE MONITORING, INSPECTING AND ENFORCING OF EASEMENTS IS PART OF THE NORMAL HOUSEKEEPING AND MAINTENANCE ACTIVITIES OF THE SCHOOL'S FACILITIES DEPARTMENT. THE HISTORICAL CHARACTER OF THE STRUCTURES ARE MAINTAINED WHEN REPAIRS AND MAINTENANCE ARE MADE. THERE IS AN ENDOWED FUND FOR THE MAINTENANCE OF ONE OF THE BUILDINGS. AN AMOUNT EQUAL TO 4% OF THE MARKET VALUE OF THE FUND IS UTILIZED EACH YEAR TO PARTIALLY OFFSET THE COSTS OF MAINTAINING THIS BUILDING. |
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | THE SCHOOL'S ENDOWMENT FUNDS ARE INTENDED FOR USE IN PROVIDING FINANCIAL AID TO WOODWARD ACADEMY STUDENTS, AWARDS TO OUTSTANDING WOODWARD ACADEMY STUDENTS, FUNDS FOR CURRICULUM ENRICHMENT AND ENHANCEMENT IN FACULTY SALARIES AND MAINTENANCE OF THE ALUMNI CENTER. |
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THAT BECAME EFFECTIVE THIS YEAR. MANGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT MAY 31, 2010. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT AFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT MAY 31, 2010. |
| Part XII, Line 2d - Other Adjustments: | revenue reported on student transport inc 58-1806042: 2887444. | |
| Part XIII, Line 2d - Other Adjustments: | expense reported on student transport inc 58-1806042: 3115486. |
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 |
| Pub Via Broadcast Media Expln | THE APPLICATION FOR ADMISSION AND ALL THE SCHOOL'S ADVERTISING TO SOLICIT POTENTIAL STUDENTS STATES THAT THE SCHOOL HAS A NONDISCRIMINATORY POLICY OF ADMISSION. THE SCHOOL'S ADMISSIONS WEBSITE STATES THAT SCHOOL HAS A NONDISCRIMINATORY POLICY. | PubViaBroadcastMediaExpln |
| 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 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | SUB-SAHARAN AFRICA | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 0 | TotalAmountSpent |
| No Recipient Over5 K | X | NoRecipientOver5K |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | sub-SAHARAN AFRICA | Region |
| Purpose Of Grant | Science lab, 2 classrooms, faculty housing and water system | PurposeOfGrant |
| Amount Of Cash Grant | 73977 | AmountOfCashGrant |
| Manner Of Cash Disbursement | wIRE TRANSFER | MannerOfCashDisbursement |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Description Of Non Cash Assistance | Salaries of School employees paid during trip to Terranova | DescriptionOfNonCashAssistance |
| Method Of Valuation | Salary rates | MethodOfValuation |
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 |
| Compensation Committee | X | CompensationCommittee |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MS BARBARA EGAN | |||||||||||||
| 253449 | 0 | 0 | 0 | 0 | 0 | 37479 | 0 | 8296 | 0 | 299224 | 0 | 0 | 0 |
| DR f stuart gulley | |||||||||||||
| 256111 | 0 | 0 | 0 | 0 | 0 | 16562 | 0 | 7440 | 0 | 280113 | 0 | 0 | 0 |
| MR DAVID R MCcOLLUM | |||||||||||||
| 262843 | 0 | 0 | 0 | 0 | 0 | 65551 | 0 | 31164 | 0 | 359558 | 0 | 0 | 0 |
| mr ROBERT HAWKS | |||||||||||||
| 221431 | 0 | 0 | 0 | 0 | 0 | 33809 | 0 | 7735 | 0 | 262975 | 0 | 0 | 0 |
| mr RUSSELL SLIDER | |||||||||||||
| 174993 | 0 | 0 | 0 | 0 | 0 | 49850 | 0 | 7656 | 0 | 232499 | 0 | 0 | 0 |
| mr EDWIN NOTESTINE | |||||||||||||
| 138067 | 0 | 0 | 0 | 0 | 0 | 8566 | 0 | 7069 | 0 | 153702 | 0 | 0 | 0 |
| mr DAVID CHANDLER | |||||||||||||
| 135148 | 0 | 0 | 0 | 0 | 0 | 7990 | 0 | 19069 | 0 | 162207 | 0 | 0 | 0 |
| MR WILLIAM LINEBERRY | |||||||||||||
| 136049 | 0 | 0 | 0 | 0 | 0 | 8450 | 0 | 18872 | 0 | 163371 | 0 | 0 | 0 |
| MR WALLACE L VINCENT | |||||||||||||
| 123043 | 0 | 0 | 0 | 0 | 0 | 4313 | 0 | 28499 | 0 | 155855 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (5 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| dEVELopment AUTHORITY OF FULTON COUNTY | ||||||
| 581506878 | 359900ZG5 | 1997-12-10 | 17000000 | cONSTRUCT new LOWER SCHOOL CAMPUS | 0 | 0 |
| dEVELopment AUTHORITY OF FULTON COUNTY | ||||||
| 581506878 | 359900ZR1 | 2002-10-24 | 27000000 | CONSTRUCT & RENOVATE MIDDLE SCHOOL CLASSROOMS & ARTS FACILITY-NORTH CAMPUS | 0 | 0 |
| dEVELopment AUTHORITY OF FULTON COUNTY | ||||||
| 581506878 | 359900ZK6 | 2006-08-10 | 11000000 | CONSTRUCT NEW PRIMARY SCHOOL CAMPUS | 0 | 0 |
| dEVELopment AUTHORITY OF FULTON COUNTY | ||||||
| 581506878 | 359900ZH3 | 2008-06-10 | 32000000 | CONSTRUCT & RENOVATe ATHLETIC FACILITIES & SUPPORT SPACES | 0 | 0 |
| dEVELopment AUTHORITY OF FULTON COUNTY | ||||||
| 581506878 | 359900ZJ9 | 2007-08-23 | 13000000 | CONSTRUCT & RENOVATe UPPER SCHOOL CLASSROOM FACILITIES | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (5 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|
| 17900106 | 173603 | 17726503 | 1999 | 0 | 0 | 1 | 1 | |
| 27312631 | 287000 | 27025631 | 2004 | 0 | 0 | 1 | 1 | |
| 11262133 | 184984 | 11077149 | 2007 | 0 | 0 | 1 | 1 | |
| 32414132 | 193276 | 31731390 | 2009 | 0 | 0 | 0 | 1 | 489466 |
| 13252860 | 317731 | 12935129 | 2008 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (5 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (5 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 1 |
| 1 | 1 | 0 | 0 | 0 | 1 |
| 1 | 1 | 0 | 0 | 0 | 1 |
| 0 | 1 | 0 | 0 | 1 | 1 |
| 1 | 1 | 0 | 0 | 0 | 1 |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | dr F Stuart Gulley | NamePerson |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $200,000 | OriginalPrincipalAmount |
| Balance Due | 200000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 200000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MR BEN JOHNSON | |||
| CHAIRMAN OF BOARD | 122807 | FORMER PARTNER AT ALSTON AND BIRD - ALSTON AND BIRD advises WOODWARD ACADEMY regarding LEGAL AFFAIRS. | 0 |
| MR JAMES SUTHERLAND | |||
| board member | 943963 | OWNER OF SUTHERLAND FOODS - WOODWARD ACADEMY PURCHASES FOOD FOR DINING SERVICES FROM SUTHERLAND FOODS. | 0 |
| mr BEN JOHNSON | |||
| cHAIRMAN OF BOARD | 169622 | director of invesco. Atlantic trust, a subsidiary of invesco, provides investment management services to the school | 0 |
| MR KENNETH HOPKINS | |||
| SON-IN-LAW OF MR. SUTHERLAND (board member) | 145090 | OWNER OF TROPIC DESIGNS, INC.- TROPIC DESIGNS PROVIDES TURF MANAGEMENT SERVICES FOR WOODWARD ACADEMY ATHLETIC FIELDS. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 21 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 118028 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET SALES PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | AUDIT COMMITTEE AND THE FINANCE AND EXECUTIVE COMMITTEE REVIEW AND APPROVE THE FORM 990. an electronic copy of the form 990 is sent to all board members. | |
| Form 990, Part VI, Section B, line 12c | EACH YEAR BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND CERTIFY THAT THEY HAVE READ AND ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS WHO HAVE A POTENTIAL CONFLICT OF INTEREST ABSTAIN FROM VOTING ON ISSUES INVOLVING THE CONFLICT OF INTEREST. | |
| Form 990, Part VI, Section B, line 15 | THE VP FOR FINANCE AND ADMINISTRATION RESEARCHES COMPARABLE COMPENSATION DATA AND PROVIDES THE INFORMATION TO THE PRESIDENT AND THE COMPENSATION COMMITTEE. COMPARABLE DATA FROM THE FOLLOWING GROUPS ARE USED: ALL MEMBER SCHOOLS OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), ALL NON-MEMBER SCHOOLS THAT REPORT TO NAIS, ALL GEORGIA INDEPENDENT SCHOOLS, AND THE 30 LARGEST INDEPENDENT SCHOOLS IN THE U.S. IN DETERMINING COMPENSATION, SOME OF THE FACTORS CONSIDERED INCLUDE THE EXPERIENCE OF THE EMPLOYEE AND THE SIZE AND COMPLEXITY OF THE SCHOOL IN RELATION TO THE SCHOOLS IN THE COMPARISON DATA. THE COMPENSATION COMMITTEE APPROVES AND DOCUMENTS THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES AND ALL OFFICERS AND KEY EMPLOYEES RECEIVE ANNUAL WRITTEN CONTRACTS. | |
| Form 990, Part VI, Section C, line 18 | THE SCHOOL'S FORM 1023, 990 AND 990T ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| Form 990, Part VI, Section C, line 19 | THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| PAGE 12, SECTION XI, LINE 2C | THE AUDIT COMMITTEE OF THE BOARD OF GOVERNORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT PROCESS AND THE SELECTION OF INDEPENDENT AUDITORS. | AUDITED FINANCIAL STATEMENTS |
| SCHEDULE F, | Each year the Middle School students of Woodward Academy raise money to send to a school in Zambia called the Terranova School. This is a private school located on a coffee farm and operated for the benefit of the farm's workers and others in the area. Students pay a nominal fee of $8 per term to attend. The coffee farm pays the teachers. Past fund raising efforts have paid for teaching materials, building a library and furnishing it with books, purchasing and installing computers, computer supplies, and building an infirmary. This year the fund raising efforts were for a science lab, classrooms, faculty housing and a water system. Each year several employees of Woodward Academy travel to Terranova to visit the students and observe the progress of Woodward sponsored projects. | ASSISTANCE TO ORGANIZATIONS OUTSIDE THE U.S. - terranova school |
| FORM 990, PART V, LINES 1C, 7G & 7H | THE ORGANIZATION DID NOT RECEIVE CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY AND WAS THEREFORE NOT REQUIRED TO FILE FORM 8899. LIKEWISE, THERE WERE NO CONTRIBUTIONS OF CARS, BOATS, AIRPLANES, OR OTHER VEHICLES, AND FORM 1098-C WAS NOT REQUIRED. THE ORGANIZATION DID NOT HAVE ANY REPORTABLE PAYMENTS TO VENDORS OR REPORTABLE GAMING (GAMBLING) WINNINGS TO PRIZE WINNERS AND THEREFORE, THE BACKUP WITHHOLDING RULES DID NOT APPLY. | BACKUP WITHHOLDING, FORMS 8899 AND 1098-C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STUDENT TRANSPORT INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2836 RN MARTIN STREET | AddressLine1 |
| City | EAST POINT | City |
| State | GA | State |
| ZIP Code | 30344 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581806042 | EIN |
| Primary Activities | BUS TRANSPORTATION OF WOODWARD ACADEMY STUDENTS | PrimaryActivities |
| Legal Domicile State | GA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(1), TYPE 1 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOODWARD ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| STUDENT TRANSPORT INC | |
| D | 887436 |
| STUDENT TRANSPORT INC | |
| L | 820000 |