Civic Intelligence

The Storm King School

990 • Fiscal year 2016 • EIN 14-1413685

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 25, 2017

Organization ProfileWWW.SKS.ORG

View Organization Page

314 Mountain RoadCornwallonhudson, NY 12520

(845) 534-7892

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.71x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

1.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Net Margin

57th percentile

4.1%

Higher net margin than 57% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$165,235

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

11%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$15,059,092

Up $1,863,560 (+14%) from 2015

Net Assets

Up

$4,420,814

Up $46,319 (+1.1%) from 2015

Liabilities

Up

$10,638,278

Up $1,817,241 (+21%) from 2015

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin57th percentile

Revenue

Up

$9,877,790

Up $1,003,028 (+11%) from 2015

Expenses

Up

$9,468,810

Up $1,208,261 (+15%) from 2015

Net Income

Down

$408,980

Down $205,233 (-33%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $4,802,910Liabilities 2011: $2,685,493Net Assets 2011: $2,117,4172011Assets 2012: $5,859,970Liabilities 2012: $3,326,511Net Assets 2012: $2,533,4592012Assets 2013: $6,472,563Liabilities 2013: $3,667,403Net Assets 2013: $2,805,1602013Assets 2014: $6,917,637Liabilities 2014: $3,527,097Net Assets 2014: $3,390,5402014Assets 2015: $13,195,532Liabilities 2015: $8,821,037Net Assets 2015: $4,374,4952015Assets 2016: $15,059,092Liabilities 2016: $10,638,278Net Assets 2016: $4,420,8142016Assets 2017: $16,590,679Liabilities 2017: $11,112,841Net Assets 2017: $5,477,8382017Assets 2018: $16,368,266Liabilities 2018: $10,493,239Net Assets 2018: $5,875,0272018Assets 2019: $17,406,848Liabilities 2019: $11,138,518Net Assets 2019: $6,268,3302019Assets 2020: $18,020,772Liabilities 2020: $10,769,964Net Assets 2020: $7,250,8082020Assets 2021: $17,765,703Liabilities 2021: $9,786,238Net Assets 2021: $7,979,4652021Assets 2022: $15,168,263Liabilities 2022: $8,112,740Net Assets 2022: $7,055,5232022Assets 2023: $16,375,642Liabilities 2023: $8,548,282Net Assets 2023: $7,827,3602023Assets 2024: $16,619,858Liabilities 2024: $8,268,387Net Assets 2024: $8,351,4712024

Highlighted filing

2016

Assets$15,059,092
Liabilities$10,638,278
Net Assets$4,420,814
Open 2016 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,816,673Expenses 2011: $5,990,445Net Income 2011: -$173,7722011Revenue 2012: $6,685,414Expenses 2012: $6,269,372Net Income 2012: $416,0422012Revenue 2013: $6,634,180Expenses 2013: $6,362,479Net Income 2013: $271,7012013Revenue 2014: $7,672,068Expenses 2014: $7,173,073Net Income 2014: $498,9952014Revenue 2015: $8,874,762Expenses 2015: $8,260,549Net Income 2015: $614,2132015Revenue 2016: $9,877,790Expenses 2016: $9,468,810Net Income 2016: $408,9802016Revenue 2017: $10,884,776Expenses 2017: $10,492,732Net Income 2017: $392,0442017Revenue 2018: $10,663,985Expenses 2018: $10,596,232Net Income 2018: $67,7532018Revenue 2019: $11,994,707Expenses 2019: $11,504,737Net Income 2019: $489,9702019Revenue 2020: $12,602,583Expenses 2020: $11,428,774Net Income 2020: $1,173,8092020Revenue 2021: $12,277,317Expenses 2021: $11,901,538Net Income 2021: $375,7792021Revenue 2022: $12,121,769Expenses 2022: $11,430,721Net Income 2022: $691,0482022Revenue 2023: $11,707,226Expenses 2023: $11,315,922Net Income 2023: $391,3042023Revenue 2024: $12,877,569Expenses 2024: $12,372,452Net Income 2024: $505,1172024

Highlighted filing

2016

Revenue$9,877,790
Expenses$9,468,810
Net Income$408,980
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 25, 2017
Return Version
2015v3.0
Gross Receipts
$10,666,480
Mission and Program Overview

Mission

The storm king school inspires students towards academic strength and confidence. We offer a caring faculty and community that embrace character, balance, and trust.

Organization's most significant activity is the provision of education including grades 8 through 12, boarding and day students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,155,619$9,095,927▲ $940,308
Investments in Publicly Traded Securities$3,225,401$3,540,441▲ $315,040
Cash and Non-Interest-Bearing Accounts$1,731,120$2,195,054▲ $463,934
Pledges and Grants Receivable$36,683$179,483▲ $142,800
Prepaid Expenses and Deferred Charges$34,876$30,000▼ $4,876
Accounts Receivable$11,833$18,187▲ $6,354
Total Assets$13,195,532$15,059,092▲ $1,863,560
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,575,324$5,007,876▲ $432,552
Deferred Revenue$3,389,095$4,419,313▲ $1,030,218
Other Liabilities$449,477$815,982▲ $366,505
Accounts Payable and Accrued Expenses$407,141$395,107▼ $12,034
Total Liabilities$8,821,037$10,638,278▲ $1,817,241
Net Assets / Fund Balance
Unrestricted Net Assets$3,395,938$3,454,045▲ $58,107
Temporarily Rstr Net Assets$655,429$638,734▼ $16,695
Permanently Rstr Net Assets$323,128$328,035▲ $4,907
Total Net Assets Fund Balance$4,374,495$4,420,814▲ $46,319
Total Liabilities and Net Assets / Fund Balance$13,195,532$15,059,092▲ $1,863,560

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,508,410$6,992,419-
Other Land Buildings$118,573--
Land$1,610,510--
Equipment$858,434$1,801,642-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,519,416$504,907▼ $3,351-$2,020,972
2014$1,510,705$100▲ $8,611-$1,519,416
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan LambHead of SchoolFT$150,575$14,660$165,235
Raymond HechtAsst Headmaster Finance - CFOFT$131,526$13,723$145,249
Marek PramukaDirector of AdmissionsFT$125,844$13,723$139,567

Board Members and Trustees

NameTitle
Roger D AuerbacherChair
Michele T DefreeceFirst Vice Chair
Joseph W BlountSecond Vice Chair
Alan SerinskyThird Vice Chair
Bruce HansonTrustee
Hilary AckermannTrustee
Ila BartonTrustee
Kenneth WangTrustee
Lawrence GratzTrustee
Scott CantorTrustee
Thomas SheppardTrustee
Scott RutterSecretary
Myles MegdalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$461,083
Program Service Revenue
$9,373,819
Investment Income
$42,888
Other Revenue
$0
All Other Contributions
$461,083
Change in Net Assets
$408,980

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$41,750Appraised Value
Securities Publicly Traded1$25,217Mean Value-date of Gift
Total Noncash Contributions2$66,967-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,877,790
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,701,247
Total Revenue per Audited Statements
$8,176,543
Total Revenue per Form 990
$9,877,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,187,469
Other Expenses$3,848,111
Grants and Similar Amounts Paid$1,433,230
Total Fundraising Expense$356,415
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,151,432$697,892$167,406$3,016,730
Grants to Domestic Individuals$1,433,230--$1,433,230
Other Employee Benefits$554,927$238,602$43,180$836,709
Depreciation Depletion$646,892--$646,892
All Other Expenses$330,875$182,686$48,279$561,840
Advertising$198,985$106,095$29,045$334,125
Current Officers, Directors, Trustees, and Key Employees-$334,030-$334,030
Other Expenses$232,810$17,376$55,053$305,239
Interest$262,932--$262,932
Office Expenses$132,098$14,707$2,243$149,048
Insurance-$133,075-$133,075
Travel$30,137$64,531$9,959$104,627
Fees for Services Legal-$87,465-$87,465
Information Technology-$71,064$1,250$72,314
Fees for Services Accounting-$31,016-$31,016
Conferences and Meetings$4,155$15,281-$19,436
Occupancy$1,936--$1,936
Total Functional Expenses$7,118,575$1,993,820$356,415$9,468,810

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,468,810
Total Expenses per Audited Statements$8,130,224
Expenses per Audited Statements$7,816,677
Expenses Not Reported on Financial Statements$1,652,133
Other Expense Adjustments$1,652,133
Expenses Not Reported on Form 990$313,547
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Rate Swap$559,345
Student Credit Balances$256,637
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 B, Line 11

“The board chair reviews a complete copy of the tax return before filing with the irs with the board of trustees. Email notification is sent to all trustees informing them that the final version of the tax return has been posted to the trustees' website.”

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

“On an annual basis, the board of trustees is asked to review the policy and communicate any conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The organization regularly hires an educational compensation consultant to work on the head of school's compensation contract. The head of school reviews data from comparable schools to ensure that senior management compensation is in line with other similar schools. The compensation committee reviews the pertinent data and the decision process with the head of school for senior management compensation.”

Form 990, Part VI, Section C, Line 19

“Available upon written request to the school.”

Filing and Contact Details

Filer

Filer Name
The Storm King School
EIN
14-1413685
Phone
8455347892
Address
314 MOUNTAIN ROAD, CORNWALLONHUDSON, NY 12520

Signing Officer

Name
Raymond Hecht
Title
Assistant Headmaster for Finance
Phone
8455347892
Signed
2017-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond Hecht
Formed
1928
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
86
Volunteers
9

Preparer

Firm
BLUM SHAPIRO & COMPANY PC CPA'S
Address
29 S MAIN STREET PO BOX 272000, WEST HARTFORD, CT 06127-2000
Preparer
Lori Budnick
Phone
8605614000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized loss on interest rate swap -313,547.”

Financial Statement Notes

PART V, LINE 4:

“The school's endowment consists of numerous funds established for a variety of purposes. Its endowment funds include both donor-restricted endowment funds and unrestricted funds designated by the board of trustees to function as endowment funds. The school has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Tuition reduction and charges -1,652,133.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Tuition reduction and charges 1,652,133.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2FIRST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECOND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4THIRD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST HEADMASTER FINANCE - CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF ADMISSIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01928
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1223
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt01433230
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01433230
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01433230
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0787467
IRS990/GrossReceiptsAmt010666480
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01250
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt071064
IRS990/InformationTechnologyGrp/TotalAmt072314
IRS990/InsuranceGrp/ManagementAndGeneralAmt0133075
IRS990/InsuranceGrp/TotalAmt0133075
IRS990/InterestGrp/ProgramServicesAmt0262932
IRS990/InterestGrp/TotalAmt0262932
IRS990/InvestmentIncomeGrp/ExclusionAmt044111
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044111
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03225401
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03540441
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08794061
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08155619
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09095927
IRS990/LandBldgEquipCostOrOtherBssAmt017889988
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0788690
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE STORM KING SCHOOL INSPIRES STUDENTS TOWARDS ACADEMIC STRENGTH AND CONFIDENCE. WE OFFER A CARING FACULTY AND COMMUNITY THAT EMBRACE CHARACTER, BALANCE, AND TRUST.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04575324
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05007876
IRS990/NetAssetsOrFundBalancesBOYAmt04374495
IRS990/NetAssetsOrFundBalancesEOYAmt04420814
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1223
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1223
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-49114
IRS990/NoncashContributionsAmt066967
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01936
IRS990/OccupancyGrp/TotalAmt01936
IRS990/OfficeExpensesGrp/FundraisingAmt02243
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014707
IRS990/OfficeExpensesGrp/ProgramServicesAmt0132098
IRS990/OfficeExpensesGrp/TotalAmt0149048
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-313547
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt043180
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0238602
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0554927
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0836709
IRS990/OtherExpensesGrp/Desc0STUDENT SCHOOL ACTIVITI
IRS990/OtherExpensesGrp/Desc1STUDENT LIVING EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt055053
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017376
IRS990/OtherExpensesGrp/ProgramServicesAmt0390424
IRS990/OtherExpensesGrp/ProgramServicesAmt1385156
IRS990/OtherExpensesGrp/ProgramServicesAmt2362586
IRS990/OtherExpensesGrp/ProgramServicesAmt3232810
IRS990/OtherExpensesGrp/TotalAmt0390424
IRS990/OtherExpensesGrp/TotalAmt1385156
IRS990/OtherExpensesGrp/TotalAmt2362586
IRS990/OtherExpensesGrp/TotalAmt3305239
IRS990/OtherLiabilitiesGrp/BOYAmt0449477
IRS990/OtherLiabilitiesGrp/EOYAmt0815982
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0167406
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0697892
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02151432
IRS990/OtherSalariesAndWagesGrp/TotalAmt03016730
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0323128
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0328035
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt036683
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0179483
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034876
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030000
IRS990/PrincipalOfficerNm0RAYMOND HECHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS EDUCATIO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09251843
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt180083
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt241893
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09251843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt180083
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt241893
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0210425
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01066371
IRS990/PYInvestmentIncomeAmt030139
IRS990/PYOtherExpensesAmt03398597
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08634198
IRS990/PYRevenuesLessExpensesAmt0614213
IRS990/PYSalariesCompEmpBnftPaidAmt03795581
IRS990/PYTotalExpensesAmt08260549
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08874762
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0408980
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09373819
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.83290
IRS990ScheduleD/BuildingsGrp/BookValueAmt06508410
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06992419
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt013500829
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01519416
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0504907
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02020972
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3351
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01510705
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01519416
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08611
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0858434
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01801642
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02660076
IRS990ScheduleD/ExpensesNotReportedAmt0313547
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01652133
IRS990ScheduleD/ExpensesSubtotalAmt07816677
IRS990ScheduleD/LandGrp/BookValueAmt01610510
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01610510
IRS990ScheduleD/LossesReportedAmt0313547
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-49114
IRS990ScheduleD/OtherExpensesNotIncludedAmt01652133
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0118573
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0118573
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0256637
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1559345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT CREDIT BALANCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST RATE SWAP
IRS990ScheduleD/OtherRevenueAmt0-1652133
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.16230
IRS990ScheduleD/RevenueNotReportedAmt0-1701247
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09877790
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S ENDOWMENT CONSISTS OF NUMEROUS FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT FUNDS. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,059,092
Liabilities
$10,638,278
Net assets
$4,420,814
Revenue
$9,877,790
Expenses
$9,468,810
Net income
$408,980
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.6$8.27$8.35$12.9$12.4$0.51
2023Detailed filing. Detailed filing data is available for this year.$16.4$8.55$7.83$11.7$11.3$0.39
2022Detailed filing. Detailed filing data is available for this year.$15.2$8.11$7.06$12.1$11.4$0.69
2021Detailed filing. Detailed filing data is available for this year.$17.8$9.79$7.98$12.3$11.9$0.38
2020Detailed filing. Detailed filing data is available for this year.$18.0$10.8$7.25$12.6$11.4$1.17
2019Detailed filing. Detailed filing data is available for this year.$17.4$11.1$6.27$12.0$11.5$0.49
2018Detailed filing. Detailed filing data is available for this year.$16.4$10.5$5.88$10.7$10.6$0.07
2017Detailed filing. Detailed filing data is available for this year.$16.6$11.1$5.48$10.9$10.5$0.39
2016Detailed filing. Detailed filing data is available for this year.$15.1$10.6$4.42$9.88$9.47$0.41
2015Summary only. Only limited summary data is available for this year.$13.2$8.82$4.37$8.87$8.26$0.61
2014Summary only. Only limited summary data is available for this year.$6.92$3.53$3.39$7.67$7.17$0.50
2013Summary only. Only limited summary data is available for this year.$6.47$3.67$2.81$6.63$6.36$0.27
2012Summary only. Only limited summary data is available for this year.$5.86$3.33$2.53$6.69$6.27$0.42
2011Summary only. Only limited summary data is available for this year.$4.80$2.69$2.12$5.82$5.99$0.17