Civic Intelligence

Soundview Preparatory School

EIN 13-3516633 • 501(c)3 • Jefferson Valley, NY

Profile

Soundview preparatory school conducted, operated, and maintained a private school, grades 6-12, and a summer school program prior to dissolving in 2020 pursuant to a voluntary petition in the us bankruptcy court pursuant to chapter 11 of title 11 of the us code.

PO Box 255Jefferson Valley, NY 10535

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

100th percentile

195%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $4,013,000 (-100%) from 2020

Liabilities

Down

$0

Down $2,340,665 (-100%) from 2020

Net Assets

Down

$0

Down $1,672,335 (-100%) from 2020

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$857,040

Down $3,129,026 (-138%) from 2020

Expenses

Down

$815,295

Down $920,915 (-53%) from 2020

Net Income

Down

-$1,672,335

Down $2,208,111 (-412%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $4,775,488Liabilities 2011: $3,287,481Net Assets 2011: $1,488,0072011Assets 2012: $4,677,614Liabilities 2012: $3,087,735Net Assets 2012: $1,589,8792012Assets 2013: $4,751,012Liabilities 2013: $3,191,429Net Assets 2013: $1,559,5832013Assets 2014: $4,798,730Liabilities 2014: $3,138,465Net Assets 2014: $1,660,2652014Assets 2015: $4,886,042Liabilities 2015: $3,029,752Net Assets 2015: $1,856,2902015Assets 2016: $5,116,376Liabilities 2016: $3,179,988Net Assets 2016: $1,936,3882016Assets 2017: $4,237,626Liabilities 2017: $2,688,280Net Assets 2017: $1,549,3462017Assets 2018: $4,165,324Liabilities 2018: $2,996,759Net Assets 2018: $1,168,5652018Assets 2019: $4,083,467Liabilities 2019: $2,946,908Net Assets 2019: $1,136,5592019Assets 2020: $4,013,000Liabilities 2020: $2,340,665Net Assets 2020: $1,672,3352020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,937,6322011Expenses 2012: $2,013,8322012Revenue 2013: $2,086,260Expenses 2013: $2,116,556Net Income 2013: -$30,2962013Revenue 2014: $1,882,889Expenses 2014: $1,782,207Net Income 2014: $100,6822014Revenue 2015: $2,073,197Expenses 2015: $1,877,172Net Income 2015: $196,0252015Revenue 2016: $2,128,125Expenses 2016: $2,048,027Net Income 2016: $80,0982016Revenue 2017: $2,091,463Expenses 2017: $2,478,505Net Income 2017: -$387,0422017Revenue 2018: $1,967,299Expenses 2018: $2,348,080Net Income 2018: -$380,7812018Revenue 2019: $3,346,072Expenses 2019: $3,378,078Net Income 2019: -$32,0062019Revenue 2020: $2,271,986Expenses 2020: $1,736,210Net Income 2020: $535,7762020Revenue 2021: -$857,040Expenses 2021: $815,295Net Income 2021: -$1,672,3352021

Highlighted filing

2021

Revenue-$857,040
Expenses$815,295
Net Income-$1,672,335
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
-$857,040
Expenses
$815,295
Net income
-$1,672,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.86$0.82$1.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$2.34$1.67$2.27$1.74$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$2.95$1.14$3.35$3.38$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$3.00$1.17$1.97$2.35$0.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$2.69$1.55$2.09$2.48$0.39
2016Detailed filing. Detailed filing data is available for this year.$5.12$3.18$1.94$2.13$2.05$0.08
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.89$3.03$1.86$2.07$1.88$0.20
2014Detailed filing. Detailed filing data is available for this year.$4.80$3.14$1.66$1.88$1.78$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$3.19$1.56$2.09$2.12$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$3.09$1.59$2.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.78$3.29$1.49$1.94
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 4, 2021
Return Version
2020v4.1
Gross Receipts
$2,914,677
Mission and Program Overview

Mission

The education of middle and upper school students

Operated as school, grades six to twelve prior to dissolution during 2020.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,771,717$0▼ $3,771,717
Accounts Receivable$66,890$0▼ $66,890
Cash and Non-Interest-Bearing Accounts$30,770$0▼ $30,770
Prepaid Expenses and Deferred Charges$9,010$0▼ $9,010
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,013,000$0▼ $4,013,000
Other Assets Total$134,613$0▼ $134,613
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,209,863--
Accounts Payable and Accrued Expenses$115,557--
Other Liabilities$15,245$0▼ $15,245
Total Liabilities$2,340,665$0▼ $2,340,665
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,672,335$0▼ $1,672,335
Total Net Assets Fund Balance$1,672,335$0▼ $1,672,335
Total Liabilities and Net Assets / Fund Balance$4,013,000$0▼ $4,013,000
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
-Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-921,717
Other Revenue
$64,677
Change in Net Assets
$-1,672,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$806,907
Salaries, Compensation, and Employee Benefits$8,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$58,628$17,512-$76,140
Fees for Services Legal-$40,552-$40,552
Other Employee Benefits$8,388--$8,388
Office Expenses$4,863$1,621-$6,484
Fees for Services Accounting-$4,500-$4,500
Occupancy$403$134-$537
Total Functional Expenses$750,976$64,319$0$815,295
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The school filed for ch. 11 bankruptcy which was approved and final distribution of assets was overseen by the southern district of new york.”

Form 990, Part VI, Section B, Line 11B

“The final form 990 has been provided to those charged with winding down the affairs of the soundview preparatory school in connection with its chapter 11 banckrupcy, including the organizations legal counsel.”

Form 990, Part VI, Section B, Line 12C

“Prior to dissolution, the school would collect appropriate conflict of interest statements from each board member.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon written notice to the executive director and board approval of the request.”

Filing and Contact Details

Filer

Filer Name
Soundview Preparatory School
EIN
13-3516633
Phone
9149622780
Address
PO BOX 255, JEFFERSON VALLEY, NY 10535

Signing Officer

Name
Tom Curley
Title
Trustee
Phone
9149622780
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Fairweather
Formed
1989
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004
Preparer
James J Reilly
Phone
2126617777
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“The soundview preparatory school has dissolved & liquidated pursuant to chapter 11 voluntary bankruptcy proceeding.”

Raw XML Appendix371 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0115557
IRS990/AccountsReceivableGrp/BOYAmt066890
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATED AS SCHOOL, GRADES SIX TO TWELVE PRIOR TO DISSOLUTION DURING 2020.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KELLY FAIRWEATHER FORMER BOARD CHAIR
IRS990/BooksInCareOfDetail/PhoneNum09142609446
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0247 WOOD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MAHOPAC
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/CashNonInterestBearingGrp/BOYAmt030770
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-921717
IRS990/CYOtherExpensesAmt0806907
IRS990/CYOtherRevenueAmt064677
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1672335
IRS990/CYSalariesCompEmpBnftPaidAmt08388
IRS990/CYTotalExpensesAmt0815295
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-857040
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EXPENSES INCURRED IN DISSOLUTION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0750976
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt040552
IRS990/FeesForServicesLegalGrp/TotalAmt040552
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1KELLY FAIRWEATHER
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2DAVID HARTHEIMER
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3GREGG ROBERTS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4JEFF SILVA
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5LINDA HOLDEN BRYANT
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6STUART VANCE
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd2X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd3X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd4X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd5X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-921717
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02850000
IRS990/GrossReceiptsAmt02914677
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03771717
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03771717
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SOUNDVIEW PREPARATORY SCHOOL CONDUCTED, OPERATED, AND MAINTAINED A PRIVATE SCHOOL, GRADES 6-12, AND A SUMMER SCHOOL PROGRAM PRIOR TO DISSOLVING IN 2020 PURSUANT TO A VOLUNTARY PETITION IN THE US BANKRUPTCY COURT PURSUANT TO CHAPTER 11 OF TITLE 11 OF THE US CODE.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-921717
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-921717
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/PartialLiquidationInd00
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A STATEMENT OF THE SCHOOL'S NONDISCRIMINATORY POLICY IS INCLUDED IN ITS BROCHURE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NEW YORK STATE DEPARTMENT OF EDUCATION HAS A SECTION FOR PRIVATE AND RELIGIOUS SCHOOLS. BEDS IS THE NAME OF THE AWARD AND IT IS GRANTED ON THE BASIS OF ENROLLMENT AT THE START OF EACH SCHOOL YEAR. THE FORMULA CHANGES ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0PAYMENT OF OUTSTANDING DEBT PURSUANT TO CHAPTER 11 BANKRUPCY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt02850000
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0ALL ASSETS DISTRIBUTED IN ACCORDANCE WITH VOLUNTARY CHAPTER 11 BANKRUPCY.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1SOUNDVIEW PREPARATORY SCHOOL DISSOLVED IN 2020 PURSUANT TO A VOLUNTARY PETITION IN THE UNITED STATES BANKRUPCY COURT PURSUANT TO CHAPTER 11 OF TITLE 11 OF THE UNITED STATES CODE. AS PART OF THE BANKRUPCY, THE SCHOOL SOLD ITS REMAINING ASSETS, INCLUDING THE SCHOOL CAMPUS, FOR $2,850,000. ALL PROCEEDS FROM THE SALE WERE USED TO PAY OUTSTANIDNG DEBTORS OF THE SCHOOL. THE SCHOOL HAD NO REMAINING ASSETS AFTER PAYMENT OF ALL DEBTORS PURSUANT TO THE CHAPTER 11 BANKRUPCY AND THEREFORE THERE WERE NO ASSETS REMAINING TO BE DISTRIBUTED TO CHAIRITABLE ORGANIZATIONS.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE N, PART I
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOUNDVIEW PREPARATORY SCHOOL HAS DISSOLVED & LIQUIDATED PURSUANT TO CHAPTER 11 VOLUNTARY BANKRUPTCY PROCEEDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL FILED FOR CH. 11 BANKRUPTCY WHICH WAS APPROVED AND FINAL DISTRIBUTION OF ASSETS WAS OVERSEEN BY THE SOUTHERN DISTRICT OF NEW YORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINAL FORM 990 HAS BEEN PROVIDED TO THOSE CHARGED WITH WINDING DOWN THE AFFAIRS OF THE SOUNDVIEW PREPARATORY SCHOOL IN CONNECTION WITH ITS CHAPTER 11 BANCKRUPCY, INCLUDING THE ORGANIZATIONS LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR TO DISSOLUTION, THE SCHOOL WOULD COLLECT APPROPRIATE CONFLICT OF INTEREST STATEMENTS FROM EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON WRITTEN NOTICE TO THE EXECUTIVE DIRECTOR AND BOARD APPROVAL OF THE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt04013000
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt04013000
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064319
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0750976
IRS990/TotalFunctionalExpensesGrp/TotalAmt0815295
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02340665
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02340665
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01672335
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0750976
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-921717
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064677
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-857040
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04013000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 255
IRS990/USAddress/CityNm0JEFFERSON VALLEY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010535
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM CURLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09149622780
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUNDVIEW PREPARATORY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0SOUN
ReturnHeader/Filer/EIN0133516633
ReturnHeader/Filer/PhoneNum09149622780
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 255
ReturnHeader/Filer/USAddress/CityNm0JEFFERSON VALLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010535
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133628255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONDON O'MEARA MCGINTY & DONNELLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE BATTERY PARK PLAZA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010004
ReturnHeader/PreparerPersonGrp/PhoneNum02126617777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES J REILLY
ReturnHeader/ReturnTs02021-11-09T12:36:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TOM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CURLEY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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