LOVETT SCHOOL: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LOVETT SCHOOL (EIN 58-0619038)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-12
- IRS object ID
- 202601329349304145
- Schema version
- 2024v5.5
- 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 G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-12T12:45:49-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1075 PEACHTREE STREET NE SUITE 1600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | 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 | 580619038 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LOVETT SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOVE | BusinessNameControlTxt |
| Phone | 4042623032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4075 PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303273099 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEREDYTH M COLE | PersonNm |
| Person Title | CEO & HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 4042623032 | PhoneNum |
| Signature | 2026-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 4042090954 | PhoneNum |
| 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 | MEREDYTH M COLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4075 PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303273099 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $111,435,941 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LOVETT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1926 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | THE LOVETT SCHOOL IS A K-12 SCHOOL FOR FAMILIES WHO VALUE THE EDUCATION OF THE WHOLE CHILD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 706 | TotalEmployeeCnt |
| Total Volunteers | 1500 | TotalVolunteersCnt |
| Total Gross UBI | $89,602 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $48,039 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $54,689,161 | PYContributionsGrantsAmt |
| CY Contributions Grants | $22,818,482 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $59,203,114 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $63,022,919 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,492,634 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,457,036 | CYInvestmentIncomeAmt |
| PY Other Revenue | $873,970 | PYOtherRevenueAmt |
| CY Other Revenue | $757,218 | CYOtherRevenueAmt |
| PY Total Revenue | $122,258,879 | PYTotalRevenueAmt |
| CY Total Revenue | $92,055,655 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,203,816 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,830,333 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,329,581 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $46,594,845 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $135,275 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,807,018 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $22,278,571 | PYOtherExpensesAmt |
| CY Other Expenses | $24,412,110 | CYOtherExpensesAmt |
| PY Total Expenses | $71,947,243 | PYTotalExpensesAmt |
| CY Total Expenses | $76,837,288 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $50,311,636 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $15,218,367 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $308,477,167 | TotalAssetsBOYAmt |
| Total Assets EOY | $339,699,884 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $40,666,651 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,400,966 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $267,810,516 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $296,298,918 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE LOVETT SCHOOL IS A COMMUNITY OF BELONGING THAT DEVELOPS STUDENTS OF HONOR, FAITH, AND WISDOM WITH THE CHARACTER AND INTELLECT TO THRIVE IN LEARNING AND LIFE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $36,210,500 | ExpenseAmt |
| Grant | $5,830,333 | GrantAmt |
| Revenue | $60,452,243 | RevenueAmt |
| Desc | THE LOVETT SCHOOL WAS FOUNDED IN 1926 BY EVA EDWARDS LOVETT AND RETAINS HER EMPHASIS ON THE DEVELOPMENT OF THE WHOLE CHILD. LOVETT BELIEVES THAT IT IS THE SCHOOL'S RESPONSIBILITY TO DEVELOP THE FUNDAMENTAL SKILLS, A LOVE OF LEARNING, AND THE APPLICATION OF GOOD JUDGEMENT TO WHAT IS LEARNED. DISTINCTIVE FEATURES OF THE CURRICULUM INCLUDE EXPERIENTIAL EDUCATION AND INTERDISCIPLINARY STUDIES. COMPREHENSIVE FINE ARTS PROGRAMS ARE OFFERED IN EACH SCHOOL DIVISION AND A FULL ATHLETIC PROGRAM PROVIDES EACH STUDENT AN OPPORTUNITY TO EXPERIENCE THE VALUE OF TEAM EFFORT AND SPORTSMANSHIP. STUDENTS PARTICIPATE IN A VARIETY OF COMMUNITY SERVICE ACTIVITIES, AND NONDENOMINATIONAL CHAPEL SERVICES ARE HELD WEEKLY IN ALL SCHOOL DIVISIONS. LOVETT SEEKS STUDENTS FROM ALL ETHNIC, CULTURAL, RACIAL, AND RELIGIOUS BACKGROUNDS WHO CAN BENEFIT FROM A CHALLENGING ACADEMIC PROGRAM. THE STUDENT BODY IS APPROXIMATELY 1,640. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $26,884,120 | ExpenseAmt |
| Revenue | $3,357,385 | RevenueAmt |
| Desc | LOVETT OFFERS AFTER-SCHOOL ACTIVITIES, SUMMER ACADEMIC COURSES, SUMMER CAMPS, AND OTHER ENRICHMENT OPPORTUNITIES TO STUDENTS WHICH FURTHER BENEFIT THE STUDENT BODY AND OTHER PERSONS WITHIN AND OUTSIDE THE LOVETT COMMUNITY. LOVETT'S SIEMPRE VERDE IS A PROTECTED PRESERVE OF CLOUD FOREST PROPERTY IN ECUADOR OWNED AND SUPPORTED BY LOVETT TO PROMOTE ENVIRONMENTAL AND CONSERVATION EDUCATION. THE EDUCATIONAL INSTITUTION OFFERS STUDENTS, AND OTHER PERSONS BOTH WITHIN THE LOVETT COMMUNITY, AS WELL AS OUTSIDE THE LOVETT COMMUNITY, AN OPPORTUNITY TO LEARN ABOUT ENVIRONMENTAL PROTECTION, PRESERVATION, AND CONSERVATION METHODS THROUGH RESEARCH AND THE EXCHANGE OF IDEAS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $63,094,620 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 133 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 706 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | EC | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN MONGELLI CFO | PersonNm |
| Phone | 4042623032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4075 PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303273099 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JOHN C STATON III | |||||||||
| CHAIR | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| FRANK H BRIGGS III | |||||||||
| VICE CHAIR | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LEONARD W WOOD JR | |||||||||
| TREASURER | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MEGAN APPLE STEPHENSON | |||||||||
| SECRETARY | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GARRY L CAPERS JR | |||||||||
| OFFICER AT LARGE | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAVID B ALLMAN | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| YETTY LEVENSON ARP | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JORDAN CLARK | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AIMEE CONNOLLY | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SYLVIA LOONEY DICK | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELISE BLITCH DRAKE | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID GHEGAN | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AMY GITHENS | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUSTIN P JONES | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK KAUFFMAN | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN O KNOX JR | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AMY ROLLINS KREISLER | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NIKUNJ R LAKHA | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DON M LEEBERN III | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALISON E LEWIS | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EILEEN KEOUGH MILLARD | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES T MILLS JR | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WADE W MITCHELL | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CLAY NALLEY | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID W RICE PHD | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN SNUGGS | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER E THOMAS PHD | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL WOOCHER | |||||||||
| TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MEREDYTH COLE | |||||||||
| CEO/HEAD OF SCHOOL | 40.00 | 0.00 | Yes (X) | $788,092 | $0 | $157,152 | |||
| JOHN MONGELLI | |||||||||
| CFO | 40.00 | 0.00 | Yes (X) | $315,217 | $0 | $45,225 | |||
| PATRICK BOSWELL | |||||||||
| HEAD OF UPPER SCHOOL | 40.00 | 0.00 | $173,672 | $0 | $21,087 | Yes (X) | |||
| CHELLE WABREK | |||||||||
| ASSOC HEAD OF SCHOOL | 40.00 | 0.00 | $242,628 | $0 | $43,050 | Yes (X) | |||
| P GRAY KELLY | |||||||||
| COO | 40.00 | 0.00 | $210,193 | $0 | $18,572 | Yes (X) | |||
| COURTNEY FERENCIK | |||||||||
| SR. DIR. OF MAJOR GIVING | 40.00 | 0.00 | $196,825 | $0 | $15,529 | Yes (X) | |||
| TOMMY WELCH | |||||||||
| HEAD OF CULTURE AND COMM. | 40.00 | 0.00 | $210,728 | $0 | $35,570 | Yes (X) | |||
| MATT GOULD | |||||||||
| CHIEF ADVANCEMENT OFFICER | 40.00 | 0.00 | $291,316 | $0 | $21,114 | Yes (X) | |||
| CHORLANA FRANCIS | |||||||||
| CHRO (UNTIL 1/1/2025) | 40.00 | 0.00 | $220,684 | $0 | $28,909 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,649,355 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $386,208 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 65 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BRASFIELD & GORRIE | |||||
| 3021 7TH AVENUE SOUTH | BIRMINGHAM | AL | 35233 | GENERAL CONTRACTOR | $9,945,952 |
| SAGE DINING SERVICES | |||||
| 1402 YORK RD | LUTHERSVILLE | MD | 21093 | DINING SERVICES | $2,239,832 |
| COOPER CARRY | |||||
| PO BOX 117569 | ATLANTA | GA | 30368 | ARCHITECTS | $1,599,706 |
| CLEANSTAR | |||||
| 540 COLLINS RD | MARIETTA | GA | 30066 | JANITORIAL SERVICES | $789,698 |
| HEALTHCARE SERVICES GROUP | |||||
| PO BOX 829677 | PHILADEPHIA | PA | 19182 | JANITORIAL SERVICES | $525,018 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 24 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $125,600 | MembershipDuesAmt |
| Fundraising | $204,625 | FundraisingAmt |
| All Other Contributions | $22,488,257 | AllOtherContributionsAmt |
| Noncash Contributions | $2,535,505 | NoncashContributionsAmt |
| Total Contributions | $22,818,482 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611110 | $57,818,385 | $57,818,385 |
| FEES | 611110 | $2,633,858 | $2,633,858 |
| SUMMER/AFTER SCHOOL PROG | 611110 | $2,249,025 | $2,249,025 |
| ATHLETICS | 611110 | $230,137 | $230,137 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,514 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,514 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $63,022,919 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,577,606 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $89,602 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,488,004 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $116,451 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $76,517 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $39,934 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,934 | TotalRevenueColumnAmt |
| Exclusion | $39,934 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,334,645 | SecuritiesAmt |
| Other | $84,822 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,540,037 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,794,608 | SecuritiesAmt |
| Other | $84,822 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,879,430 | TotalRevenueColumnAmt |
| Exclusion | $2,879,430 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $256,197 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $204,625 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $383,090 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$126,893 | TotalRevenueColumnAmt |
| Exclusion | -$126,893 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $58,905 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $1,437 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $57,468 | TotalRevenueColumnAmt |
| Exclusion | $57,468 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,165,914 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,379,205 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $786,709 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $786,709 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $92,055,655 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $63,809,628 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $89,602 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,337,943 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,830,333 | TotalAmt |
| Program Services | $5,830,333 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,860,591 | TotalAmt |
| Program Services | $202,993 | ProgramServicesAmt |
| Management And General | $1,657,598 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,144,680 | TotalAmt |
| Program Services | $29,618,291 | ProgramServicesAmt |
| Management And General | $2,699,584 | ManagementAndGeneralAmt |
| Fundraising | $1,826,805 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,072,394 | TotalAmt |
| Program Services | $2,769,378 | ProgramServicesAmt |
| Management And General | $117,496 | ManagementAndGeneralAmt |
| Fundraising | $185,520 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,855,944 | TotalAmt |
| Program Services | $4,160,073 | ProgramServicesAmt |
| Management And General | $419,302 | ManagementAndGeneralAmt |
| Fundraising | $276,569 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,661,236 | TotalAmt |
| Program Services | $2,202,022 | ProgramServicesAmt |
| Management And General | $312,881 | ManagementAndGeneralAmt |
| Fundraising | $146,333 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,284 | TotalAmt |
| Program Services | $5,520 | ProgramServicesAmt |
| Management And General | $89,764 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,661 | TotalAmt |
| Management And General | $87,661 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $411,506 | TotalAmt |
| Management And General | $411,506 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,203,794 | TotalAmt |
| Program Services | $289,451 | ProgramServicesAmt |
| Management And General | $622,979 | ManagementAndGeneralAmt |
| Fundraising | $291,364 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,135 | TotalAmt |
| Management And General | $95,512 | ManagementAndGeneralAmt |
| Fundraising | $157,623 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $661,136 | TotalAmt |
| Program Services | $324,173 | ProgramServicesAmt |
| Management And General | $229,586 | ManagementAndGeneralAmt |
| Fundraising | $107,377 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500,989 | TotalAmt |
| Program Services | $1,089,711 | ProgramServicesAmt |
| Management And General | $280,220 | ManagementAndGeneralAmt |
| Fundraising | $131,058 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,335,658 | TotalAmt |
| Program Services | $1,997,393 | ProgramServicesAmt |
| Management And General | $230,473 | ManagementAndGeneralAmt |
| Fundraising | $107,792 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,991 | TotalAmt |
| Program Services | $156,900 | ProgramServicesAmt |
| Management And General | $39,580 | ManagementAndGeneralAmt |
| Fundraising | $18,511 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,107 | TotalAmt |
| Program Services | $170,810 | ProgramServicesAmt |
| Management And General | $77,194 | ManagementAndGeneralAmt |
| Fundraising | $36,103 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $748,897 | TotalAmt |
| Program Services | $657,784 | ProgramServicesAmt |
| Management And General | $62,079 | ManagementAndGeneralAmt |
| Fundraising | $29,034 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,463,663 | TotalAmt |
| Program Services | $5,670,765 | ProgramServicesAmt |
| Management And General | $540,233 | ManagementAndGeneralAmt |
| Fundraising | $252,665 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $953,110 | TotalAmt |
| Management And General | $953,110 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT ACTIVITIES & TR | $1,558,793 | $1,558,793 | |
| SUPPLIES - INSTRUCTIONA | $1,072,729 | $1,072,729 | |
| MEALS AND ENTERTAINMENT | $721,810 | $337,701 | $384,109 |
| DUES MEMBERSHIPS | $381,767 | $230,646 | $151,121 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,463,080 | TotalAmt |
| Program Services | $4,749,154 | ProgramServicesAmt |
| Management And General | $473,662 | ManagementAndGeneralAmt |
| Fundraising | $240,264 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,837,288 | TotalAmt |
| Program Services | $63,094,620 | ProgramServicesAmt |
| Management And General | $9,935,650 | ManagementAndGeneralAmt |
| Fundraising | $3,807,018 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,340 | BOYAmt |
| EOY | $1,640 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,890,981 | BOYAmt |
| EOY | $42,495,929 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,997,072 | BOYAmt |
| EOY | $50,379,388 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $424,316 | BOYAmt |
| EOY | $199,213 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,266 | BOYAmt |
| EOY | $92,760 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,605,158 | BOYAmt |
| EOY | $1,932,478 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $211,995,292 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $121,690,378 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,311,926 | BOYAmt |
| EOY | $90,304,914 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,760,888 | BOYAmt |
| EOY | $144,650,718 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,419,366 | BOYAmt |
| EOY | $8,051,788 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $943,854 | BOYAmt |
| EOY | $1,591,056 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,477,167 | BOYAmt |
| EOY | $339,699,884 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,471,083 | BOYAmt |
| EOY | $4,887,206 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,385,799 | BOYAmt |
| EOY | $12,074,525 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,428,188 | BOYAmt |
| EOY | $22,745,998 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,381,581 | BOYAmt |
| EOY | $3,693,237 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,666,651 | BOYAmt |
| EOY | $43,400,966 | 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 | $126,965,837 | BOYAmt |
| EOY | $131,329,779 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,844,679 | BOYAmt |
| EOY | $164,969,139 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,810,516 | BOYAmt |
| EOY | $296,298,918 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,477,167 | BOYAmt |
| EOY | $339,699,884 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $15,218,367 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,419,425 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$149,390 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,303,137 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,791,871 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,469,850 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $54,689,161 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,818,482 | CurrentTaxYearAmt |
| Total | $97,072,501 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,303,137 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,791,871 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,469,850 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $54,689,161 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,818,482 | CurrentTaxYearAmt |
| Total | $97,072,501 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $37,006,418 | SubstantialContributorsTotAmt |
| Public Support Total170 | $60,066,083 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,073,845 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,842,688 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,306,168 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,640,945 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,604,455 | CurrentTaxYearAmt |
| Total | $15,468,101 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $187,339 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,866 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,221 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,177 | CurrentTaxYearAmt |
| Total | $273,603 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $112,814,205 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $291,685,420 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.53240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.45040 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $143,538,615 | BeginningYearBalanceAmt |
| Contributions | $4,058,990 | ContributionsAmt |
| Investment Earnings Or Losses | $16,668,650 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,645,904 | OtherExpendituresAmt |
| Administrative Expenses | $418,143 | AdministrativeExpensesAmt |
| End Year Balance | $158,202,208 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $132,396,461 | BeginningYearBalanceAmt |
| Contributions | $2,266,712 | ContributionsAmt |
| Investment Earnings Or Losses | $16,843,861 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,313,943 | OtherExpendituresAmt |
| Administrative Expenses | $2,654,476 | AdministrativeExpensesAmt |
| End Year Balance | $143,538,615 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $122,588,929 | BeginningYearBalanceAmt |
| Contributions | $1,927,182 | ContributionsAmt |
| Investment Earnings Or Losses | $13,882,778 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,017,233 | OtherExpendituresAmt |
| Administrative Expenses | $985,195 | AdministrativeExpensesAmt |
| End Year Balance | $132,396,461 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $141,206,242 | BeginningYearBalanceAmt |
| Contributions | $2,104,423 | ContributionsAmt |
| Investment Earnings Or Losses | -$16,072,927 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,381,650 | OtherExpendituresAmt |
| Administrative Expenses | $267,159 | AdministrativeExpensesAmt |
| End Year Balance | $122,588,929 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $110,039,760 | BeginningYearBalanceAmt |
| Contributions | $2,157,866 | ContributionsAmt |
| Investment Earnings Or Losses | $33,506,886 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,195,333 | OtherExpendituresAmt |
| Administrative Expenses | $302,937 | AdministrativeExpensesAmt |
| End Year Balance | $141,206,242 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.35000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.65000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,288,521 | OtherCostOrOtherBasisAmt |
| Book Value | $2,288,521 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $955,343 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $161,266,027 | OtherCostOrOtherBasisAmt |
| Depreciation | $89,353,054 | DepreciationAmt |
| Book Value | $72,868,316 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,954,018 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,119,655 | DepreciationAmt |
| Book Value | $834,363 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,531,383 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,217,669 | DepreciationAmt |
| Book Value | $14,313,714 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $90,304,914 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| POSTRETIREMENT BENEFIT OBLIGATIONS | $1,596,307 |
| DEFERRED COMPENSATION PAYABLE | $899,814 |
| FINANCE LEASE LIABILITY | $1,197,116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,693,237 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE PRIMARY FINANCIAL OBJECTIVE OF THE ENDOWMENT FUND IS TO SUPPORT THE CURRENT AND FUTURE OPERATING AND CAPITAL EXPENSES OF THE LOVETT SCHOOL. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. |
| PART X, LINE 2: | THE SCHOOL FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE SCHOOL, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE LOVETT SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SCHOOL HANDBOOKS AND POLICY MANUALS; PRINTED MATERIALS PROVIDED TO PROSPECTIVE STUDENTS, FAMILIES AND EMPLOYEES; AND ON THE SCHOOL'S WEBSITE. ANNUALLY, THE SCHOOL PUBLISHES AN ADVERTISEMENT IN THE LOCAL NEWSPAPER COMMUNICATING THE SCHOOL'S NONDISCRIMINATION POLICY. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 1 | 3 | PROGRAM SERVICE | EDUCATION AND RESEARCH | $92,594 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $2,678,903 | |
| EUROPE | 0 | 0 | INVESTMENTS | $6,936,168 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $9,707,665 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $9,707,665 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | THE PROGRAM SERVICE EXPENSES IN PART I, LINE 3, COLUMN (F) ARE PRESENTED ON AN ACCRUAL BASIS OF ACCOUNTING. THE INVESTMENTS LISTED IN PART I, LINE 3, COLUMN (F), REPRESENT THE FAIR MARKET VALUE OF SUCH INVESTMENTS AS OF THE END OF THE FISCAL YEAR BEING REPORTED ON. |
| PART I, LINE 3, COLUMN E | THE LOVETT SCHOOL, INC. (SOMETIMES "LOVETT OR THE "SCHOOL") OWNS, OPERATES, MAINTAINS AND SUPPORTS A PROTECTED PRESERVE OF CLOUD FOREST PROPERTY IN ECUADOR KNOWN AS SIEMPRE VERDE WHICH INCLUDES CERTAIN BUILDINGS AND RELATED IMPROVEMENTS IN WHICH LOVETT STUDENTS, AS WELL AS OTHER PERSONS BOTH FROM WITHIN, AND FROM OUTSIDE OF, THE LOVETT COMMUNITY, WHO HAVE TRAVELLED TO AND ARE STAYING AT THE SIEMPRE VERDE PROPERTY MAY STUDY, EXPLORE THROUGH ON-SITE INVESTIGATION AND EXPLORATION OF THE PRESERVE CLOUD FOREST PROPERTY, ENGAGE IN RESEARCH, MEET AND DISCUSS ENVIRONMENTAL PRESERVATION AND OTHER ISSUES AND OTHERWISE PARTICIPATE IN TROPICAL CONSERVATION EDUCATION AND OTHER PROGRAM SERVICES ACTIVITIES. LOVETT MAINTAINS A FOREIGN BANK ACCOUNT IN ECUADOR FOR, AMONG OTHER PURPOSES, TO PAY FEES, COSTS AND EXPENSES RELATING TO OWNERSHIP, OPERATION, MAINTENANCE, REPAIR, REFURBISHMENT AND SUPPORT OF THE SIEMPRE VERDE PROPERTY AND PROGRAM SERVICES ACTIVITIES AT SIEMPRE VERDE. THREE LOCAL RESIDENTS IN ECUADOR WORK FOR LOVETT FOR THE BENEFIT OF SIEMPRE VERDE. SUCH FEES, COSTS AND EXPENSES FOR LABOR, GOODS AND SERVICES ARE PAID BY LOVETT BOTH INDIRECTLY THROUGH PAYMENTS MADE BY THE ECUADORIAN AFFILIATE OF DELOITTE WHICH PROVIDES, AND/OR OVERSEES PROVISIONS OF, ACCOUNTING, TAX, GOVERNMENTAL, LEGAL AND OTHER PROFESSIONAL AND RELATED SERVICES ON BEHALF OF THE SCHOOL AS ITS REPRESENTATIVE, AND DIRECTLY BY AN AUTHORIZED LOVETT REPRESENTATIVE, INCLUDING, BUT NOT LIMITED TO, BY LOVETT'S PROGRAM DIRECTOR WHO PERIODICALLY TRAVELS TO SIEMPRE VERDE AND OTHER AREAS IN THE REGION FOR, AMONG OTHER PURPOSES, TO OVERSEE THE WORK OF THE LOCAL RESIDENTS WORKING AT SIEMPRE VERDE, TO MANAGE MATTERS RELATING TO THE OWNERSHIP, OPERATION, MAINTENANCE AND SUPPORT OF THE SIEMPRE VERDE PROPERTY AND RELATING TO PROGRAM SERVICES ACTIVITIES, TO PAY FOR MAINTENANCE, REPAIRS AND REPLACEMENTS AT, OR FOR THE BENEFIT OF, SIEMPRE VERDE AND/OR TO PAY FOR SERVICES NOT PAID THROUGH THE DELOITTE AFFILIATE IN ECUADOR, AND TO COORDINATE AND OVERSEE SIEMPRE VERDE PROGRAM SERVICES ACTIVITIES. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | LIONBACKERS | Event1Nm |
| Gross Receipts Event1 | $341,492 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $204,625 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $136,867 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $35,824 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $40,730 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $13,644 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $122,061 | OtherDirectExpensesEvent1Amt |
| Event2 | FOTA | Event2Nm |
| Gross Receipts Event2 | $66,080 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $66,080 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $142 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $16,792 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $50,794 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $53,250 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $53,250 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $12,382 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $77,782 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $12,939 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $460,822 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $204,625 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $256,197 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $35,966 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $53,112 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $108,218 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $185,794 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $383,090 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$126,893 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $58,905 | GrossRevenueOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $1,437 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $58,905 | GrossRevenueTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $1,437 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $1,437 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $57,468 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | GA | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | 0 | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Individual With Books | BARBARA EDMUNDSON | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4075 PACES FERRY RD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Charitable Distribution Rqr | 0 | CharitableDistributionRqrInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II | FormAndLineReferenceDesc |
| Explanation | OTHER EVENTS INCLUDE THE SCHOOL'S LOVETT PARENT ASSOCIATION EVENT AND THE ALUMNI EVENT. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID FOR TUITION AND FEES | GrantTypeTxt |
| Recipient | 242 | RecipientCnt |
| Cash Grant | $5,830,333 | CashGrantAmt |
| Valuation Method Used | BOOK | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION REDUCTION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL PROVIDES FINANCIAL AID TO QUALIFYING STUDENTS THAT ATTEND THE SCHOOL. THE GRANTS ARE TREATED AS A REDUCTION OF REVENUE AND ARE APPLIED DIRECTLY TO TUITION BY THE SCHOOL. SINCE THE SCHOOL, NOT THE RECIPIENTS, MAINTAINS CONTROL OF THE FUNDS, NO FORMAL MONITORING PROCESS IS NECESSARY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MEREDYTH COLE | ||||||||||||||
| CEO/HEAD OF SCHOOL | $560,091 | $0 | $100,000 | $0 | $128,001 | $0 | $109,050 | $0 | $48,102 | $0 | $945,244 | $0 | $0 | $0 |
| JOHN MONGELLI | ||||||||||||||
| CFO | $292,090 | $0 | $23,127 | $0 | $0 | $0 | $24,067 | $0 | $21,158 | $0 | $360,442 | $0 | $0 | $0 |
| MATT GOULD | ||||||||||||||
| CHIEF ADVANCEMENT OFFICER | $261,316 | $0 | $30,000 | $0 | $0 | $0 | $20,862 | $0 | $252 | $0 | $312,430 | $0 | $0 | $0 |
| CHELLE WABREK | ||||||||||||||
| ASSOC HEAD OF SCHOOL | $232,628 | $0 | $10,000 | $0 | $0 | $0 | $21,892 | $0 | $21,158 | $0 | $285,678 | $0 | $0 | $0 |
| CHORLANA FRANCIS | ||||||||||||||
| CHRO (UNTIL 1/1/2025) | $218,684 | $0 | $2,000 | $0 | $0 | $0 | $20,051 | $0 | $8,858 | $0 | $249,593 | $0 | $0 | $0 |
| TOMMY WELCH | ||||||||||||||
| HEAD OF CULTURE AND COMM. | $200,728 | $0 | $10,000 | $0 | $0 | $0 | $17,644 | $0 | $17,926 | $0 | $246,298 | $0 | $0 | $0 |
| P GRAY KELLY | ||||||||||||||
| COO | $205,193 | $0 | $5,000 | $0 | $0 | $0 | $18,320 | $0 | $252 | $0 | $228,765 | $0 | $0 | $0 |
| COURTNEY FERENCIK | ||||||||||||||
| SR. DIR. OF MAJOR GIVING | $191,825 | $0 | $5,000 | $0 | $0 | $0 | $15,288 | $0 | $241 | $0 | $212,354 | $0 | $0 | $0 |
| PATRICK BOSWELL | ||||||||||||||
| HEAD OF UPPER SCHOOL | $173,672 | $0 | $0 | $0 | $0 | $0 | $20,868 | $0 | $219 | $0 | $194,759 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | MEREDYTH M. COLE WAS PROVIDED THE FOLLOWING BENEFITS: RESIDENCE FOR PERSONAL USE, HOUSEKEEPING SERVICES, TAX INDEMNIFICATION, AND GROSS UP PAYMENTS FOR LONG-TERM DISABILITY, AS PROVIDED IN HER EMPLOYMENT AGREEMENT. |
| PART I, LINE 1B | THE CEO/HEAD OF SCHOOL HAS AN EMPLOYMENT AGREEMENT THAT REQUIRES HER TO USE THE RESIDENCE AT THE SCHOOL DURING THE TERM OF THE EMPLOYMENT AGREEMENT AND LOVETT IS OBLIGATED UNDER SUCH EMPLOYMENT AGREEMENT, TO PAY ALL COSTS AND EXPENSES FOR OPERATION OF THE HEAD OF SCHOOL'S RESIDENCE LOCATED ON LOVETT'S MAIN CAMPUS; ALL COSTS AND EXPENSES FOR THE NECESSARY AND REASONABLE MAINTENANCE AND REPAIR OF THE HEAD OF SCHOOL RESIDENCE AND ASSOCIATED GROUNDS; AND ALL OTHER COSTS AND EXPENSES REASONABLY RELATED TO USE AND/OR OPERATION OF THE HEAD OF SCHOOL RESIDENCE AND ASSOCIATED GROUNDS. |
| PART I, LINE 3 | UNDER THE CORPORATE BYLAWS OF THE LOVETT SCHOOL, INC., THE COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS FOR THE EMPLOYMENT BY LOVETT OF ITS CEO AND HEAD OF SCHOOL ARE REQUIRED (1) TO BE NEGOTIATED WITH THE CEO/HEAD OF SCHOOL BY THE COMPENSATION COMMITTEE OF THE LOVETT BOARD, ACTING THROUGH THE BOARD CHAIR, WITH THE GOAL OF ESTABLISHING, AND PROVIDING A COMPENSATION AND BENEFITS PACKAGE DURING THE TERM OF EMPLOYMENT "FAIR AND REASONABLE" (BUT NOT EXCESSIVE); AND (2) TO MEMORIALIZE SUCH COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT IN A WRITTEN EMPLOYMENT AGREEMENT BETWEEN LOVETT AND THE CEO/HEAD OF SCHOOL, PROVIDED THAT SUCH WRITTEN EMPLOYMENT AGREEMENT MUST BE REVIEWED AND APPROVED BY THE MAJORITY VOTE OF THE ACTIVE TRUSTEES SERVING ON THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMPENSATION COMMITTEE AND THE EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY REVIEW AND CONSIDER PRIOR TO SUCH COMMITTEES MAKING THEIR RESPECTIVE DECISIONS: (A) INFORMATION ON FORMS 990 FILED BY COMPARABLE EDUCATIONAL ORGANIZATIONS REGARDING COMPENSATION AND BENEFITS PROVIDED BY SUCH COMPARABLE EDUCATIONAL ORGANIZATIONS TO THEIR RESPECTIVE CEOS AND HEADS OF SCHOOL AND/OR (B) INFORMATION IN COMPENSATION AND BENEFITS PROVIDED BY COMPARABLE EDUCATIONAL ORGANIZATIONS WHICH ARE ALSO MEMBERS OF SUCH ORGANIZATIONS TO THEIR RESPECTIVE CEOS AND HEADS OF SCHOOL, AS APPLICABLE FROM YEAR TO YEAR. |
| PART I, LINE 4B | AS OF JULY 1, 2018, THE SCHOOL ESTABLISHED A NONQUALIFIED 457(F) DEFERRED COMPENSATION PLAN FOR MEREDYTH M. COLE. THE TERMS OF THE PLAN PROVIDE THAT THE SCHOOL MAY MAKE A DISCRETIONARY CONTRIBUTION TO THE PLAN EACH YEAR. DURING THE FISCAL YEAR ENDING JUNE 30, 2025, THE SCHOOL MADE A CONTRIBUTION OF $75,000 TO THE PLAN. VESTING OF CONTRIBUTIONS WERE CONTINGENT UPON HER CONTINUED EMPLOYMENT FOR THE REMAINDER OF HER EMPLOYMENT AGREEMENT WHICH RUNS THROUGH JUNE 30, 2027. CASH DISTRIBUTIONS TO MS. COLE FROM THE PLAN ARE TO BE PAID 60 DAYS AFTER THE EARLIEST OF THE FOLLOWING EVENTS: VESTING, DEATH, DISABILITY, OR CERTAIN SEPARATIONS FROM SERVICE. |
| PART I, LINE 7 | MEREDYTH M. COLE RECEIVED INCENTIVE COMPENSATION CONTINGENT ON MEETING CERTAIN GOALS AS SET BY THE BOARD OF TRUSTEES. |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)
| Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt | Assistance PurposeAssistancePurposeTxt |
|---|---|---|
| $25,420 | FINANCIAL AID | EDUCATION |
| $63,230 | FINANCIAL AID | EDUCATION |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID WAS DETERMINED IN ACCORDANCE WITH POLICY AND BASED ON DEMONSTRATED NEED. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 79 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,535,505 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE NUMBER REPORTED IN COLUMN B OF SCHEDULE M FOR ALL DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH RESPECTIVE CATEGORY. |
| PART I, LINE 32B: | WHEN LOVETT RECEIVES NONCASH CONTRIBUTIONS FROM DONORS WHICH ARE PUBLICLY TRADED SECURITIES, LOVETT'S POLICY AND PROCEDURE IS TO SELL SUCH PUBLICLY TRADED SECURITIES AND TO CONVERT THEIR VALUE INTO CASH FOR REINVESTMENT OR OTHER USE, WHETHER FOR OPERATING EXPENSES OR AS PART OF LOVETT'S ENDOWMENT. IN ORDER TO SELL PUBLICLY TRADED SECURITIES, LOVETT USES LICENSED STOCK BROKERAGE FIRMS OR OTHER ENTITIES LICENSED TO SELL AND PURCHASE PUBLICLY TRADED SECURITIES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | UNDER THE CORPORATE BYLAWS OF THE LOVETT SCHOOL, INC., AN AUDIT COMMITTEE OF THE BOARD OF TRUSTEES WAS ESTABLISHED COMPRISED OF TRUSTEES AND OF TRUSTEES EMERITI OF THE BOARD, AND THE AUDIT COMMITTEE WAS DELEGATED, AMONG OTHERS, THE AUTHORITY AND RESPONSIBILITY FOR OVERSEEING AND APPROVING THE ANNUAL PREPARATION AND FILING OF TAX RETURNS, FORMS AND OTHER ITEMS REQUIRED UNDER ANY APPLICABLE LEGAL REQUIREMENTS, INCLUDING, BUT NOT LIMITED TO, THE ANNUAL PREPARATION OF FORM 990, THE OVERSIGHT AND APPROVAL OF THE FINAL FORM OF EACH ANNUAL FORM 990, AND CAUSING THE FILING OF EACH SUCH ANNUAL FORM 990 WITH THE INTERNAL REVENUE SERVICE; PROVIDED, HOWEVER, THAT PRIOR TO ANY ANNUAL FILING OF LOVETT'S FORM 990, LOVETT FIRST PROVIDES AND/OR MAKES AVAILABLE FOR INSPECTION A COMPLETE COPY OF THIS FORM 990 BY ALL MEMBERS OF THE LOVETT BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY ALL (I) MEMBERS OF LOVETT'S BOARD OF TRUSTEES, (II) ITS OFFICERS, (III) ITS KEY EMPLOYEES (AS DEFINED IN THE IRS GUIDELINES) AND (IV) ITS FIVE CURRENT HIGHEST COMPENSATED EMPLOYEES WHO RECEIVED REPORTABLE COMPENSATION OF MORE THAN $100,000.00 FROM LOVETT (AND WHO ARE NO LOVETT OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES) ARE REQUIRED TO, AND DO, COMPLETE AND EXECUTE WRITTEN CONFLICT OF INTEREST AND FAMILY AND BUSINESS RELATIONSHIP DISCLOSURES CONSISTENT WITH LOVETT CONFLICT OF INTEREST POLICY. FOR LOVETT'S FISCAL YEAR ENDED JUNE 30, 2025, NONE OF THE COMPLETED AND EXECUTED WRITTEN CONFLICT OF INTEREST AND FAMILY AND BUSINESS RELATIONSHIP DISCLOSURES FROM SUCH MEMBERS OF LOVETT'S BOARD OF TRUSTEES, FROM SUCH LOVETT'S OFFICERS, FROM SUCH LOVETT'S KEY EMPLOYEES OR FROM SUCH LOVETT'S FIVE CURRENT HIGHEST COMPENSATED EMPLOYEES WHO RECEIVED REPORTABLE COMPENSATION OF MORE THAN $100,000.00 FROM LOVETT DISCLOSED ANY CONFLICTS OF INTEREST FOR SUCH LOVETT'S FISCAL YEAR ENDED JUNE 30, 2025. |
| FORM 990, PART VI, SECTION B, LINE 15 | ANNUALLY, THE COMPENSATION COMMITTEE AND THE EXECUTIVE COMMITTEE OF THE BOARD EACH IS REQUIRED TO REVIEW AND CONSIDER PRIOR TO SUCH COMMITTEES MAKING THEIR RESPECTIVE DECISIONS (A) INFORMATION IN FORM 990S FILED BY COMPARABLE EDUCATIONAL ORGANIZATIONS (AND WHICH ARE PUBLICLY AVAILABLE) REGARDING COMPENSATION AND BENEFITS PROVIDED BY SUCH COMPARABLE EDUCATIONAL ORGANIZATIONS TO THEIR RESPECTIVE CEOS AND HEADS OF SCHOOL, OTHER OFFICERS AND KEY EMPLOYEES AND/OR (B) INFORMATION IN COMPENSATION AND BENEFITS SURVEYS AND STUDIES PREPARED BY EDUCATIONAL INDUSTRY ASSOCIATIONS IN WHICH LOVETT IS A MEMBER REGARDING COMPENSATION AND BENEFITS PROVIDED BY COMPARABLE EDUCATIONAL ORGANIZATIONS (WHICH ARE ALSO MEMBERS OF SUCH EDUCATIONAL INDUSTRY ASSOCIATIONS) TO THEIR RESPECTIVE CEOS AND HEADS OF SCHOOL, OTHER OFFICERS AND KEY EMPLOYEES, AS APPLICABLE FROM YEAR TO YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN POSTRETIREMENT OBLIGATION -149,390. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BREAKTHROUGH ATLANTA INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4075 PACES FERRY ROAD NW | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30327 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 844725498 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LOVETT SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BREAKTHROUGH ATLANTA | ||
| D | $107,801 | BOOK |
| BREAKTHROUGH ATLANTA | ||
| O | $1,260,244 | BOOK |
| BREAKTHROUGH ATLANTA | ||
| P | $1,028,002 | BOOK |