WAYNFLETE SCHOOL: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WAYNFLETE SCHOOL (EIN 01-0211565)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-04-13
- IRS object ID
- 202601039349301825
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-13T18:11:36-04:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010440155 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUNYON KERSTEEN OUELLETTE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 LONG CREEK DR | AddressLine1Txt |
| City | SOUTH PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010211565 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYNFLETE SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WAYN | BusinessNameControlTxt |
| Phone | 2077745721 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 SPRING STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACI DOWD | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 2077745721 | PhoneNum |
| Signature | 2026-04-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY CHASSE | PreparerPersonNm |
| PTIN | P00967183 | PTIN |
| Phone | 2077732986 | PhoneNum |
| Preparation | 2026-04-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GEOFFREY WAGG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 SPRING STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,767,351 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WAYNFLETE.ORG | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1935 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | TO OFFER LOWER, MIDDLE, AND UPPER SCHOOL EDUCATION WHICH ENGAGES THE IMAGINATION AND INTELLECT OF ITS STUDENTS, GUIDES THEM TOWARDS SELF- GOVERNANCE AND SELF-KNOWLEDGE AND ENCOURAGES THEIR RESPONSIBLE AND CARING PARTICIPATION IN THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 341 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $12,920 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $11,913 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,775,987 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,375,364 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $22,831,668 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $22,672,603 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,838,412 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,966,066 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,283 | PYOtherRevenueAmt |
| CY Other Revenue | $3,459 | CYOtherRevenueAmt |
| PY Total Revenue | $29,462,350 | PYTotalRevenueAmt |
| CY Total Revenue | $32,017,492 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,680,835 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,591,367 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,553,038 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,024,688 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $386,652 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $449,338 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $978,961 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,743,748 | PYOtherExpensesAmt |
| CY Other Expenses | $5,578,291 | CYOtherExpensesAmt |
| PY Total Expenses | $26,364,273 | PYTotalExpensesAmt |
| CY Total Expenses | $26,643,684 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,098,077 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,373,808 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $70,816,327 | TotalAssetsBOYAmt |
| Total Assets EOY | $79,322,942 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,744,464 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,023,694 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,071,863 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $56,299,248 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO OFFER LOWER, MIDDLE, AND UPPER SCHOOL EDUCATION WHICH ENGAGES THE IMAGINATION AND INTELLECT OF ITS STUDENTS, GUIDES THEM TOWARDS SELF- GOVERNANCE AND SELF-KNOWLEDGE AND ENCOURAGES THEIR RESPONSIBLE AND CARING PARTICIPATION IN THE WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $21,924,326 | ExpenseAmt |
| Grant | $5,591,367 | GrantAmt |
| Revenue | $22,672,603 | RevenueAmt |
| Desc | PRIVATE EARLY CHILDHOOD, ELEMENTARY, MIDDLE AND SECONDARY EDUCATION UTILIZED BY APPROXIMATELY 580 STUDENTS. | Desc |
| Total Program Service Expenses | $21,924,326 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 87 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 341 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACI DOWD | PersonNm |
| Phone | 2077745721 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 SPRING STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| GEOFFREY WAGG | |||||||
| HEAD OF SCHO | 50.00 | Yes (X) | $413,000 | $0 | $122,231 | ||
| TRACI DOWD | |||||||
| DIRECTOR OF | 50.00 | Yes (X) | $122,500 | $0 | $21,773 | ||
| CARRIE MCCOLGAN | |||||||
| ASSOC. HEAD | 50.00 | Yes (X) | $141,385 | $0 | $23,240 | ||
| ASRA AHMED | |||||||
| UPPER SCHOOL | 50.00 | $149,720 | $0 | $31,808 | Yes (X) | ||
| ANNE SCRIBNER HOPKINS | |||||||
| LOWER SCHOOL | 50.00 | $133,225 | $0 | $30,526 | Yes (X) | ||
| DIVYA MURALIDHARA | |||||||
| MIDDLE SCHOO | 50.00 | $133,225 | $0 | $22,606 | Yes (X) | ||
| JOHN THURSTON | |||||||
| COLLEGE COUN | 50.00 | $116,380 | $0 | $21,297 | Yes (X) | ||
| MARY JANE PAGENSTECHER | |||||||
| PERFORMING A | 50.00 | $117,438 | $0 | $21,379 | Yes (X) | ||
| ADAM EDWARDS | |||||||
| PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CATHERINE CLOUDMAN | |||||||
| VICE PRESIDE | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| COLIN MARCH | |||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JAMES REESE | |||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ELONIDE SEMMES | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BETSY LANGER | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| PEG SMITH | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| KATHERINE ARMSTRONG | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| MARIA CANNING | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ALEX WIGHT | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| NICOLE DUFAUCHARD | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| EDWARD LI | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| GIOVANNA GRAY LOCKHART | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JED PORTA | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JUSTIN SCHAIR | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| KHALILAH UMMAH | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| WARREN VALDMANIS | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CRICKET KING | |||||||
| MEMBER AT LA | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JAMES HIGGINS | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| SHAMIT GROVER | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JONATHAN CULLEY | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| MATT LACASSE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| KARA LEOPOLD | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,326,873 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $294,860 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| ServicesServicesDesc | CompensationCompensationAmt |
|---|---|
| SCOTT SIMONS ARCHITECTS LLC | |
| ARCHITECT | $656,728 |
| COMMUNITY COUNSELLING SERVICES | |
| CC CONSULTANTS | $394,924 |
| REVISION ENERGY INC | |
| SOLAR ENERGY | $246,317 |
| ZACHAU CONSTRUCTION INC | |
| CONTRACTOR | $197,652 |
| INDUSTRIAL ROOFING COMPANY | |
| ROOF CONTRACTOR | $100,001 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $7,375,364 | AllOtherContributionsAmt |
| Noncash Contributions | $1,741,053 | NoncashContributionsAmt |
| Total Contributions | $7,375,364 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| TUITION | $20,614,624 | $20,614,624 |
| AFTER SCHOOL & LESSONS | $598,116 | $598,116 |
| SUMMER PROGRAMS | $429,515 | $429,515 |
| TUTORING | $418,501 | $418,501 |
| CAFETERIA | $332,969 | $332,969 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $278,878 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $278,878 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $22,672,603 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,328,169 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $10,652 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,317,517 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $54,126 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $64,400 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$10,274 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,274 | TotalRevenueColumnAmt |
| Exclusion | -$10,274 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,310,631 | SecuritiesAmt |
| Other | $5,722 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $678,456 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $632,175 | SecuritiesAmt |
| Other | $5,722 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $637,897 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$3,207 | UnrelatedBusinessRevenueAmt |
| Exclusion | $641,104 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $15,261 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $7,003 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,258 | TotalRevenueColumnAmt |
| Exclusion | $8,258 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| LANDMARK EQUITY PARTNERS XVI | 900099 | $5,466 | $5,466 |
| LANDMARK EQUITY PARTNERS XVI | 900099 | $9 | $9 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,475 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,017,492 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,672,603 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $12,920 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,956,605 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,591,367 | TotalAmt |
| Program Services | $5,591,367 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $768,302 | TotalAmt |
| Program Services | $84,451 | ProgramServicesAmt |
| Management And General | $639,200 | ManagementAndGeneralAmt |
| Fundraising | $44,651 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,913,992 | TotalAmt |
| Program Services | $9,307,358 | ProgramServicesAmt |
| Management And General | $1,375,646 | ManagementAndGeneralAmt |
| Fundraising | $230,988 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $501,471 | TotalAmt |
| Program Services | $457,603 | ProgramServicesAmt |
| Management And General | $35,718 | ManagementAndGeneralAmt |
| Fundraising | $8,150 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,994,168 | TotalAmt |
| Program Services | $1,715,375 | ProgramServicesAmt |
| Management And General | $240,374 | ManagementAndGeneralAmt |
| Fundraising | $38,419 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $846,755 | TotalAmt |
| Program Services | $678,923 | ProgramServicesAmt |
| Management And General | $147,417 | ManagementAndGeneralAmt |
| Fundraising | $20,415 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,759 | TotalAmt |
| Management And General | $48,759 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Management And General | $25,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $449,338 | TotalAmt |
| Fundraising | $449,338 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,445 | TotalAmt |
| Management And General | $129,445 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,822 | TotalAmt |
| Program Services | $46,586 | ProgramServicesAmt |
| Management And General | $44,236 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,952 | TotalAmt |
| Program Services | $42,318 | ProgramServicesAmt |
| Management And General | $189,297 | ManagementAndGeneralAmt |
| Fundraising | $26,337 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,466 | TotalAmt |
| Program Services | $281,466 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,580 | TotalAmt |
| Program Services | $142,442 | ProgramServicesAmt |
| Management And General | $182 | ManagementAndGeneralAmt |
| Fundraising | $7,956 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $603,250 | TotalAmt |
| Management And General | $603,250 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,099,605 | TotalAmt |
| Program Services | $1,099,605 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,803 | TotalAmt |
| Program Services | $175,803 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MAINTENCE, SUPPLIES | $2,391,345 | $2,051,531 | $189,528 | $150,286 |
| MISCELLANEOUS | $242,014 | $232,402 | $8,597 | $1,015 |
| DUES & SUBSCRIPTIONS | $72,592 | $17,096 | $54,090 | $1,406 |
| TRUSTEE EXPENSE | $9,658 | $9,658 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,643,684 | TotalAmt |
| Program Services | $21,924,326 | ProgramServicesAmt |
| Management And General | $3,740,397 | ManagementAndGeneralAmt |
| Fundraising | $978,961 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,752,932 | BOYAmt |
| EOY | $11,810,621 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,817,332 | BOYAmt |
| EOY | $3,683,683 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,995,645 | BOYAmt |
| EOY | $3,514,732 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,260 | BOYAmt |
| EOY | $3,445 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,982 | BOYAmt |
| EOY | $2,516 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,160 | BOYAmt |
| EOY | $379,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $42,611,516 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,216,385 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,246,157 | BOYAmt |
| EOY | $26,395,131 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,669,839 | BOYAmt |
| EOY | $23,556,109 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,815,874 | BOYAmt |
| EOY | $9,788,003 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,666 | BOYAmt |
| EOY | $189,235 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,816,327 | BOYAmt |
| EOY | $79,322,942 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,708,731 | BOYAmt |
| EOY | $2,727,821 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,457,654 | BOYAmt |
| EOY | $4,044,195 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,329,947 | BOYAmt |
| EOY | $15,797,779 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,132 | BOYAmt |
| EOY | $453,899 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,744,464 | BOYAmt |
| EOY | $23,023,694 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,114,404 | BOYAmt |
| EOY | $37,570,235 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,957,459 | BOYAmt |
| EOY | $18,729,013 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,071,863 | BOYAmt |
| EOY | $56,299,248 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,816,327 | BOYAmt |
| EOY | $79,322,942 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,373,808 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,030,286 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$176,709 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,524,573 | BeginningYearBalanceAmt |
| Contributions | $1,014,768 | ContributionsAmt |
| Investment Earnings Or Losses | $3,287,432 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $398,302 | GrantsOrScholarshipsAmt |
| Other Expenditures | $716,028 | OtherExpendituresAmt |
| Administrative Expenses | $196,301 | AdministrativeExpensesAmt |
| End Year Balance | $33,516,142 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,869,926 | BeginningYearBalanceAmt |
| Contributions | $46,125 | ContributionsAmt |
| Investment Earnings Or Losses | $2,866,827 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $352,727 | GrantsOrScholarshipsAmt |
| Other Expenditures | $713,949 | OtherExpendituresAmt |
| Administrative Expenses | $191,629 | AdministrativeExpensesAmt |
| End Year Balance | $30,524,573 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,257,210 | BeginningYearBalanceAmt |
| Contributions | $519,901 | ContributionsAmt |
| Investment Earnings Or Losses | $2,305,606 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $326,429 | GrantsOrScholarshipsAmt |
| Other Expenditures | $703,739 | OtherExpendituresAmt |
| Administrative Expenses | $182,623 | AdministrativeExpensesAmt |
| End Year Balance | $28,869,926 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $30,530,742 | BeginningYearBalanceAmt |
| Contributions | $320,251 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,329,584 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $358,310 | GrantsOrScholarshipsAmt |
| Other Expenditures | $726,032 | OtherExpendituresAmt |
| Administrative Expenses | $179,857 | AdministrativeExpensesAmt |
| End Year Balance | $27,257,210 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,013,745 | BeginningYearBalanceAmt |
| Contributions | $652,012 | ContributionsAmt |
| Investment Earnings Or Losses | $7,118,549 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $525,321 | GrantsOrScholarshipsAmt |
| Other Expenditures | $587,199 | OtherExpendituresAmt |
| Administrative Expenses | $141,044 | AdministrativeExpensesAmt |
| End Year Balance | $30,530,742 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.57650 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.30230 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.12120 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $811,002 | OtherCostOrOtherBasisAmt |
| Book Value | $811,002 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,902,033 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,857,666 | DepreciationAmt |
| Book Value | $25,044,367 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,208,610 | OtherCostOrOtherBasisAmt |
| Depreciation | $939,199 | DepreciationAmt |
| Book Value | $269,411 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $689,871 | OtherCostOrOtherBasisAmt |
| Depreciation | $419,520 | DepreciationAmt |
| Book Value | $270,351 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $26,395,131 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HEDGE FUND | Desc |
| Book Value | $9,788,003 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,788,003 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP LIABILITY | $187,680 |
| RIGHT OF USE LIABILITY | $168,494 |
| FUNDS HELD AS AGENT | $97,725 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $453,899 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $27,765,318 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,030,286 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$99,390 | OtherRevenueAmt |
| Revenue Not Reported | $1,930,896 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,834,422 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $129,445 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $6,053,625 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $6,183,070 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $32,017,492 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,537,933 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $64,399 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $64,399 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,473,534 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $129,445 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $6,040,705 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,170,150 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $26,643,684 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | WAYNFLETE HAS A POLICY OF APPROPRIATING FUNDS FOR DISTRIBUTION EACH YEAR EQUAL TO 4.5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERS THROUGH THE FISCAL YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ACCORDANCE WITH UPMIFA, THE SCHOOL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE SCHOOL AND DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE SCHOOL; AND THE INVESTMENT POLICIES OF THE SCHOOL. |
| SCHEDULE D, PAGE 3, PART X | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | UNREALIZED GAIN ON INTEREST RATE SWAP -167,150 SPECIAL EVENT EXPENSES 7,003 BAD DEBT EXPENSE -3,642 RENTAL EXPENSES 64,399 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | FINANCIAL AID 5,591,367 PROFESSIONAL FUNDRAISING FEES 449,338 INVESTMENT INCOME 5,464 INVESTMENT INCOME -3,207 INVESTMENT INCOME 64 INVESTMENT INCOME 10,599 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | RENTAL EXPENSES 64,399 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | FINANCIAL AID 5,591,367 PROFESSIONAL FUNDRAISING FEES 449,338 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THIS POLICY IS ALSO LOCATED ON THE SCHOOL'S WEBSITE: WAYNFLETE ADMITS STUDENTS OF ANY RACE, COLOR, RELIGIOUS AFFILIATION, NATIONAL AND ETHNIC ORIGIN, AND WITHOUT REGARD TO DISABILITY, TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS AFFILIATION, NATIONAL AND ETHNIC ORIGIN, OR DISABILITY IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY COUNSELLING SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 824885 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191824885 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAP CMPGN | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Retained By Contractor | $449,338 | RetainedByContractorAmt |
| Net To Organization | -$449,338 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $449,338 | TotalRetainedByContractorsAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPRING FLING FA | Event1Nm |
| Gross Receipts Event1 | $15,261 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $15,261 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $7,003 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $15,261 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $15,261 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,003 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $7,003 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $8,258 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 218 | RecipientCnt |
| Non Cash Assistance | $5,591,367 | NonCashAssistanceAmt |
| Non Cash Assistance | TUITION ASSIST | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| GEOFFREY WAGG | |||||
| HEAD OF SCHOOL | $390,000 | $23,000 | $26,325 | $95,906 | $535,231 |
| CARRIE MCCOLGAN | |||||
| ASSOC. HEAD OF SCHOO | $141,385 | $9,543 | $13,697 | $164,625 | |
| ASRA AHMED | |||||
| UPPER SCHOOL DIRECTO | $149,720 | $10,106 | $21,702 | $181,528 | |
| ANNE SCRIBNER HOPKINS | |||||
| LOWER SCHOOL DIR. | $133,225 | $8,993 | $21,533 | $163,751 | |
| DIVYA MURALIDHARA | |||||
| MIDDLE SCHOOL DIR. | $133,225 | $8,993 | $13,613 | $155,831 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 4 | GEOFFREY WAGG 0 23,000 0 |
| SCHEDULE J, PART III | GEOFF WAGG'S OTHER COMPENSATION TOTALING 23,000 IS HIS 457B BENEFIT. MR. WAGG'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 19,605 HEALTH INSURANCE 4,556 OTHER BENEFITS 71,746 HOUSING ALLOWANCE 95,907 NON-TAXABLE BENEFIT MS. MCCOLGAN'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 11,685 HEALTH INSURANCE 2,012 OTHER BENEFITS 13,697 NON-TAXABLE BENEFIT MS. AHMED'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 19,605 HEALTH INSURANCE 2,097 OTHER BENEFITS 21,702 NON-TAXABLE BENEFIT MS. HOPKIN'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 19,605 HEALTH INSURANCE 1,929 OTHER BENEFITS 21,534 NON-TAXABLE BENEFIT MS. MURALIDHARA'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 11,685 HEALTH INSURANCE 1,929 OTHER BENEFITS 13,614 NON-TAXABLE BENEFIT |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| FAME - TAX-EXEMPT BOND LIABILITY A | ||||||||
| A | 010392006 | 56042BBM8 | 2014-10-30 | $10,360,000 | REFINANCE 2007 BOND | false | false | false |
| FAME - TAX-EXEMPT BOND LIABILITY B | ||||||||
| B | 010392006 | 56042BBM8 | 2014-10-30 | $9,640,000 | FINANCE CAPITAL PROJECTS | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $10,360,000 | $210,000 | $10,150,000 | 2008 | false | Yes (true) | Yes (true) | Yes (true) |
| B | $9,640,000 | $9,640,000 | 2018 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | Yes (true) |
| B | false | false | false | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WELLS FARGO | ||||||||||||
| A | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 22.900000000000 | false | false | false | false | Yes (true) |
| M&T BANK | ||||||||||||
| B | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 12.000000000000 | false | false | false | Yes (true) | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PURPOSE OF ISSUE DESCRIPTION | FAME - TAX-EXEMPT BOND LIABILITY A REFINANCE 2007 BOND |
| PURPOSE OF ISSUE DESCRIPTION | FAME - TAX-EXEMPT BOND LIABILITY B FINANCE CAPITAL PROJECTS |
| DATE REBATE COMPUTATION PERFORMED | FAME - TAX-EXEMPT BOND LIABILITY A 10/28/25 |
| DATE REBATE COMPUTATION PERFORMED | FAME - TAX-EXEMPT BOND LIABILITY B 10/28/25 |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | INTERESTED PERSON | PersonNm |
| Cash Grant | $26,170 | CashGrantAmt |
| Type Of Assistance | QUALIFYING NEED-BASED FINANCIAL AID | TypeOfAssistanceTxt |
| Assistance Purpose | TUITION ASSISTANCE | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PISCATAQUA LANDSCAPING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $79,853 | TransactionAmt |
| Transaction | PROPERTY SERVICES | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | THE HEAD OF SCHOOL'S SPOUSE TEACHES AND COACHES AT THE SCHOOL, AND HAS AN ANNUAL STIPEND FOR OTHER SERVICES PROVIDED THROUGHOUT THE SCHOOL YEAR. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,740,609 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | ROU BOATHOUSE | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $444 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO OFFER LOWER, MIDDLE, AND UPPER SCHOOL EDUCATION WHICH ENGAGES THE IMAGINATION AND INTELLECT OF ITS STUDENTS, GUIDES THEM TOWARDS SELF- GOVERNANCE AND SELF-KNOWLEDGE AND ENCOURAGES THEIR RESPONSIBLE AND CARING PARTICIPATION IN THE WORLD. |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. |
| FORM 990, PAGE 6, PART VI, LINE 12C | CONFLICT OF INTEREST IS MONITORED EVERY YEAR, AS THE TRUSTEES ARE ASKED TO COMPLETE A FORM ANNUALLY. IF A CONFLICT EXISTS, IT IS DISCUSSED AND RESOLVED AT THE BOARD LEVEL. TRUSTEES RECUSE THEMSELVES FROM A VOTE WHEN A CONFLICT ARISES. ENFORCEMENT IS PART OF THE GOVERNING PROCESS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | IN THE FALL OF 2021, THE EVALUATION AND COMPENSATION COMMITTEE, CONSISTING OF THE BOARD CHAIR, VICE CHAIR AND TREASURER INITIATED A PROCESS TO NEGOTIATE A NEW CONTRACT WITH THE HEAD OF SCHOOL, GEOFF WAGG. AT THAT POINT IN TIME, MR. WAGG HAD BEEN IN HIS CURRENT POSITION FOR APPROXIMATELY TEN YEARS AND, BASED ON ANNUAL EMPLOYMENT EVALUATIONS, THE BOARD HAS BEEN AND CONTINUES TO BE HIGHLY SATISFIED WITH HIS PERFORMANCE IN THE ROLE. ADDITIONALLY, MR. WAGG HAS TAKEN ON LEADERSHIP ROLES WITHIN NATIONAL SCHOOL ASSOCIATIONS THAT HAVE ENHANCED THE PROMINENCE OF THE SCHOOL AS WELL AS HIS OWN STATURE IN THE INDUSTRY. THE COMMITTEE ENGAGED OUTSIDE PROFESSIONALS TO ASSIST IN THE PROCESS INCLUDING THE SCHOOL'S LAW FIRM, BERNSTEIN SHUR AND DAVID STETTLER, A FORMER HEAD OF SCHOOL AND INDEPENDENT CONSULTANT TO SCHOOLS. THE COMMITTEE GATHERED DATA FROM INDEX SCHOOLS ON MARKET COMPENSATION LEVELS AND FROM OTHER OUTSIDE RESOURCES RELATED TO BEST COMPENSATION PRACTICES IN THE INDUSTRY. BASED ON THE INDEPENDENT INFORMATION OBTAINED, MR. WAGG'S COMPENSATION PACKAGE WAS ADJUSTED TO BRING HIM IN LINE WITH MARKET LEVELS FOR HEADS OF SCHOOL IN THEIR POSITION FOR TEN PLUS YEARS. ADDITIONALLY, OTHER ELEMENTS OF MR. WAGG'S COMPENSATION PACKAGE WERE NEGOTIATED TO INCREASE STABILITY IN THE ROLE AND PROVIDE ENHANCED VISIBILITY AROUND ANY FUTURE TRANSITIONS IN THE ROLE. THE COMPENSATION PACKAGE AND THE PROCESS UNDERTAKEN WAS REVIEWED AND APPROVED BY THE FULL BOARD AND PROVIDES AN ANTICIPATED SCHEDULE OF COMPENSATION AND BENEFITS THROUGH FY27. TOTAL COMPENSATION AND BENEFITS REPORTED ON SCHEDULE J INCLUDE 390,000 FOR BASE COMPENSATION, 23,000 FOR HIS 457B BENEFIT, 24,161 FOR EMPLOYER AND EMPLOYEE CONTRIBUTIONS FOR HEALTH, DENTAL PLANS AND EMPLOYEE HEALTH REIMBURSEMENT PLAN AND 71,746 FOR THE REPORTABLE HOUSING VALUATION FOR HIS CONTRACTUAL OBLIGATION TO LIVE ON CAMPUS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | UNREALIZED GAIN ON INTEREST RATE SWAP -167,150 SPECIAL EVENT EXPENSES 7,003 BAD DEBT EXPENSE -3,642 RENTAL EXPENSES 64,399 FINANCIAL AID -5,591,367 PROFESSIONAL FUNDRAISING FEES -449,338 INVESTMENT INCOME -5,464 INVESTMENT INCOME 3,207 INVESTMENT INCOME -64 INVESTMENT INCOME -10,599 RENTAL EXPENSES -64,399 FINANCIAL AID 5,591,367 PROFESSIONAL FUNDRAISING FEES 449,338 TOTAL -176,709 |
| FORM 990, PAGE 12, PART XII, LINE 2C | PROCEDURES FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCCOUNTANT DID NOT CHANGE FROM PRIOR YEARS. |