Civic Intelligence

Cloister Inn of Princeton University

990 • Fiscal year 2024 • EIN 21-0427400

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 20, 2024

Organization ProfileCLOISTERINN.COM
65 Prospect AvenuePrinceton, NJ 08543

(609) 258-0652

Siviq Scores

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

Liabilities / Assets

94th percentile

0.80x

Higher debt load relative to assets than 94% of similar nonprofits.

2024 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.41x

Higher debt load relative to revenue than 78% of similar nonprofits.

2024 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

13th percentile

-11%

Higher net margin than 13% of similar nonprofits.

2024 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

5th percentile

-24%

Faster asset growth than 5% of similar nonprofits.

2024 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

23%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$444,023

Down $143,245 (-24%) from 2023

Net Assets

Down

$87,428

Down $98,353 (-53%) from 2023

Liabilities

Down

$356,595

Down $44,892 (-11%) from 2023

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin13th percentile

Revenue

Up

$872,045

Up $162,618 (+23%) from 2023

Expenses

Down

$970,399

Down $40,261 (-4.0%) from 2023

Net Income

Up

-$98,354

Up $202,879 (+67%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $588,762Liabilities 2011: $20,937Net Assets 2011: $567,8252011Assets 2012: $522,485Liabilities 2012: $10,595Net Assets 2012: $511,8902012Assets 2013: $483,930Liabilities 2013: $22,392Net Assets 2013: $461,5382013Assets 2014: $535,208Liabilities 2014: $11,197Net Assets 2014: $524,0112014Assets 2015: $569,450Liabilities 2015: $15,057Net Assets 2015: $554,3932015Assets 2016: $856,719Liabilities 2016: $14,387Net Assets 2016: $842,3322016Assets 2017: $724,536Liabilities 2017: $180,863Net Assets 2017: $543,6732017Assets 2018: $489,632Liabilities 2018: $43,639Net Assets 2018: $445,9932018Assets 2019: $609,585Liabilities 2019: $133,327Net Assets 2019: $476,2582019Assets 2020: $611,988Liabilities 2020: $9,776Net Assets 2020: $602,2122020Assets 2021: $1,035,198Liabilities 2021: $278,251Net Assets 2021: $756,9472021Assets 2022: $900,930Liabilities 2022: $413,916Net Assets 2022: $487,0142022Assets 2023: $587,268Liabilities 2023: $401,487Net Assets 2023: $185,7812023Assets 2024: $444,023Liabilities 2024: $356,595Net Assets 2024: $87,4282024Assets 2025: $364,519Liabilities 2025: $341,720Net Assets 2025: $22,7992025

Highlighted filing

2024

Assets$444,023
Liabilities$356,595
Net Assets$87,428
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,193,986Expenses 2011: $1,115,942Net Income 2011: $78,0442011Revenue 2012: $1,210,177Expenses 2012: $1,266,112Net Income 2012: -$55,9352012Revenue 2013: $1,194,626Expenses 2013: $1,244,978Net Income 2013: -$50,3522013Revenue 2014: $1,099,197Expenses 2014: $1,036,724Net Income 2014: $62,4732014Revenue 2015: $1,210,807Expenses 2015: $1,180,425Net Income 2015: $30,3822015Revenue 2016: $1,616,375Expenses 2016: $1,328,436Net Income 2016: $287,9392016Revenue 2017: $1,032,832Expenses 2017: $1,331,491Net Income 2017: -$298,6592017Revenue 2018: $1,223,990Expenses 2018: $1,321,670Net Income 2018: -$97,6802018Revenue 2019: $1,348,235Expenses 2019: $1,317,970Net Income 2019: $30,2652019Revenue 2020: $1,094,869Expenses 2020: $968,915Net Income 2020: $125,9542020Revenue 2021: $578,665Expenses 2021: $423,930Net Income 2021: $154,7352021Revenue 2022: $874,130Expenses 2022: $1,144,063Net Income 2022: -$269,9332022Revenue 2023: $709,427Expenses 2023: $1,010,660Net Income 2023: -$301,2332023Revenue 2024: $872,045Expenses 2024: $970,399Net Income 2024: -$98,3542024Revenue 2025: $793,006Expenses 2025: $840,370Net Income 2025: -$47,3642025

Highlighted filing

2024

Revenue$872,045
Expenses$970,399
Net Income-$98,354
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 20, 2024
Return Version
2023v5.0
Gross Receipts
$895,764
Mission and Program Overview

Mission

Founded in 1912, cloister inn fosters an entrepreneurial spirit, and inspires members to use the inn as a starting point for whatever pursuits impassion them. Cloister inn, princeton is an eating club. The inn provides meals, rooms, parking, a library, recreational facilities and social events for students and alummni of princeton university.

The cloister inn, as an eating club, provides meals for students and alumni of princeton university, hosts special events and is available for catering functions

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$293,047$291,291▼ $1,756
Accounts Receivable$181,350$103,550▼ $77,800
Prepaid Expenses and Deferred Charges$28,642$29,677▲ $1,035
Cash and Non-Interest-Bearing Accounts$76,477$9,650▼ $66,827
Savings and Temporary Cash Investments$7,752$8,656▲ $904
Total Assets$587,268$444,023▼ $143,245
Other Assets Total-$1,199-
Liabilities
Mortgage Notes Payable Secured by Investment Property$147,964$144,295▼ $3,669
Deferred Revenue$223,270$144,045▼ $79,225
Accounts Payable and Accrued Expenses$24,957$57,733▲ $32,776
Other Liabilities$5,296$10,522▲ $5,226
Total Liabilities$401,487$356,595▼ $44,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$185,781$87,428▼ $98,353
Total Net Assets Fund Balance$185,781$87,428▼ $98,353
Total Liabilities and Net Assets / Fund Balance$587,268$444,023▼ $143,245

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$263,954$455,185$719,139
Equipment$4,837$330,156$334,993
Buildings-$166,903$166,903
Land$22,500-$22,500
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Mike JackmanChair
Caroline MccarthyChair Alumni
Preston GranberyChairlegal a
Lauren SanchezChairstudent
Jose Pincay-delgadoV. Chair Ope
Andrew FrazierTrustee
Catherine BabiecTrustee
Denise WongTrustee
Eric GroganTrustee
Henry RuehlTrustee
Pat McdonaldTrustee
Ray WangTrustee
William GoldenTrustee
Matthew DrabickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$323,892
Program Service Revenue
$401,322
Investment Income
$5
Other Revenue
$146,826
All Other Contributions
$110,618
Change in Net Assets
$-98,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$480,457
Salaries, Compensation, and Employee Benefits$403,198
Grants and Similar Amounts Paid$86,744
Total Fundraising Expense$55,652
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$313,177$18,498$18,498$350,173
Occupancy$105,312--$105,312
Grants to Domestic Individuals$86,744--$86,744
Fees for Services Other$54,852$5,319$5,288$65,459
Payroll Taxes$42,299$2,376$2,852$47,527
Insurance$40,712--$40,712
All Other Expenses$12,935$7,953$12,540$33,428
Fees for Services Accounting-$30,395-$30,395
Office Expenses$5,595$3,968$12,688$22,251
Depreciation Depletion$16,357--$16,357
Conferences and Meetings$14,200--$14,200
Other Expenses$14,004--$14,004
Other Employee Benefits$5,498--$5,498
Interest$4,023--$4,023
Information Technology--$3,786$3,786
Total Functional Expenses$846,238$68,509$55,652$970,399
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Payable$5,643
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 6

“The organization's members are students of princeton university that have the right to be undergraduate officers of the club”

Form 990, Page 6, Part VI, Line 7A

“Graduate alumni vote on the appointment of the trustees”

Form 990, Page 6, Part VI, Line 11B

“The preparer will provide a copy of the return to the general manager for review. The general manager will provide a copy of the return to all of the board members for their review and approval prior to filing with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Prior to election to the board of trustees or as an undergraduate officer, and annually thereafter, all trustees and undergraduate officers shall disclose in writing by signing a conflict of interest disclosure statement. The board chair or the executive committee shall apply the rules and procedures outlined in the conflict of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“The executive committee of the board of trustees will approve the compensation for top management employee, the general manager.”

Form 990, Page 6, Part VI, Line 15B

“Hourly employees are approved by the general manager if it falls within the board approved operations budget. Management or salaried employees are recommended by the general manager for approval by the executive committee.”

Form 990, Page 6, Part VI, Line 19

“Governing documents will be provided upon request to the general manager or trustees of the board”

Filing and Contact Details

Filer

Filer Name
Cloister Inn
EIN
21-0427400
Phone
6092580652
Address
65 PROSPECT AVENUE, PRINCETON, NJ 08543

Signing Officer

Name
Jose Pincay-delgado
Title
V. Chair Operations
Phone
6092580652
Signed
2024-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Jackman
Formed
1912
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
14

Preparer

Firm
De Meola Zawacki Mingione & Co LLC
Address
33 SICOMAC RD STE 301, NORTH HALEDON, NJ 07508-2954
Preparer
Charles De Meola CPA
Phone
9732219990
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Founded in 1912, cloister inn fosters an entrepreneurial spirit, and inspires members to use the inn as a starting point for whatever pursuits impassion them. Cloister inn, princeton is an eating club. The inn provides meals, rooms, parking, a library, recreational facilities and social events for students and alummni of princeton university.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference 1”

Raw XML AppendixShowing 400 of 462 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.

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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0293047
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0291291
IRS990/LandBldgEquipCostOrOtherBssAmt01243535
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt06021
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt06021
IRS990/MissionDesc0FOUNDED IN 1912, CLOISTER INN FOSTERS AN ENTREPRENEURIAL SPIRIT, AND INSPIRES MEMBERS TO USE THE INN AS A STARTING POINT FOR WHATEVER PURSUITS IMPASSION THEM. CLOISTER INN, PRINCETON IS AN EATING CLUB. THE INN PROVIDES MEALS, ROOMS, PARKING, A LIBRARY, RECREATIONAL FACILITIES AND SOCIAL EVENTS FOR STUDENTS AND ALUMMNI OF PRINCETON UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0147964
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0144295
IRS990/NetAssetsOrFundBalancesBOYAmt0185781
IRS990/NetAssetsOrFundBalancesEOYAmt087428
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt067047
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt067047
IRS990/NetUnrelatedBusTxblIncmAmt047916
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0185781
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt087428
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt0105312
IRS990/OccupancyGrp/TotalAmt0105312
IRS990/OfficeExpensesGrp/FundraisingAmt012688
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03968
IRS990/OfficeExpensesGrp/ProgramServicesAmt05595
IRS990/OfficeExpensesGrp/TotalAmt022251
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt01199
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05498
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05498
IRS990/OtherExpensesGrp/Desc0FOOD & BEVERAGE JR & SR
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2KITCHEN SUPPLIES
IRS990/OtherExpensesGrp/Desc3FIRE SAFETY
IRS990/OtherExpensesGrp/ProgramServicesAmt088963
IRS990/OtherExpensesGrp/ProgramServicesAmt122294
IRS990/OtherExpensesGrp/ProgramServicesAmt219273
IRS990/OtherExpensesGrp/ProgramServicesAmt314004
IRS990/OtherExpensesGrp/TotalAmt088963
IRS990/OtherExpensesGrp/TotalAmt122294
IRS990/OtherExpensesGrp/TotalAmt219273
IRS990/OtherExpensesGrp/TotalAmt314004
IRS990/OtherLiabilitiesGrp/BOYAmt05296
IRS990/OtherLiabilitiesGrp/EOYAmt010522
IRS990/OtherRevenueMiscGrp/BusinessCd0722100
IRS990/OtherRevenueMiscGrp/BusinessCd1721310
IRS990/OtherRevenueMiscGrp/BusinessCd2812930
IRS990/OtherRevenueMiscGrp/Desc0SOCIAL FUND
IRS990/OtherRevenueMiscGrp/Desc1LODGING
IRS990/OtherRevenueMiscGrp/Desc2PARKING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt032283
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt130600
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt210875
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032283
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt130600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt210875
IRS990/OtherRevenueTotalAmt079779
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018498
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018498
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0313177
IRS990/OtherSalariesAndWagesGrp/TotalAmt0350173
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02852
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02376
IRS990/PayrollTaxesGrp/ProgramServicesAmt042299
IRS990/PayrollTaxesGrp/TotalAmt047527
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028642
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029677
IRS990/PrincipalOfficerNm0MIKE JACKMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/BusinessCd1722100
IRS990/ProgramServiceRevenueGrp/BusinessCd2722320
IRS990/ProgramServiceRevenueGrp/Desc0BOARD FEES
IRS990/ProgramServiceRevenueGrp/Desc1HOUSE FEES
IRS990/ProgramServiceRevenueGrp/Desc2ALUMIN DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0340570
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0340570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25082
IRS990/ProgSrvcAccomActy2Grp/Desc0CLOISTER PROVIDES SCHOLARSHIPS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt086744
IRS990/ProgSrvcAccomActy2Grp/GrantAmt086744
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0172846
IRS990/PYGrantsAndSimilarPaidAmt027190
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt0460449
IRS990/PYOtherRevenueAmt0118020
IRS990/PYProgramServiceRevenueAmt0418538
IRS990/PYRevenuesLessExpensesAmt0-301233
IRS990/PYSalariesCompEmpBnftPaidAmt0523021
IRS990/PYTotalExpensesAmt01010660
IRS990/PYTotalRevenueAmt0709427
IRS990/ReconcilationRevenueExpnssAmt0-98354
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0213274
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0401322
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07752
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08656
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0166903
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0166903
IRS990ScheduleD/EquipmentGrp/BookValueAmt04837
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0330156
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0334993
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt04879
IRS990ScheduleD/LandGrp/BookValueAmt022500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0263954
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0455185
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0719139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0291291
IRS990ScheduleD/TotalLiabilityAmt010522
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt086744
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt039
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUNDED IN 1912, CLOISTER INN FOSTERS AN ENTREPRENEURIAL SPIRIT, AND INSPIRES MEMBERS TO USE THE INN AS A STARTING POINT FOR WHATEVER PURSUITS IMPASSION THEM. CLOISTER INN, PRINCETON IS AN EATING CLUB. THE INN PROVIDES MEALS, ROOMS, PARKING, A LIBRARY, RECREATIONAL FACILITIES AND SOCIAL EVENTS FOR STUDENTS AND ALUMMNI OF PRINCETON UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS ARE STUDENTS OF PRINCETON UNIVERSITY THAT HAVE THE RIGHT TO BE UNDERGRADUATE OFFICERS OF THE CLUB
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRADUATE ALUMNI VOTE ON THE APPOINTMENT OF THE TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PREPARER WILL PROVIDE A COPY OF THE RETURN TO THE GENERAL MANAGER FOR REVIEW. THE GENERAL MANAGER WILL PROVIDE A COPY OF THE RETURN TO ALL OF THE BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR TO ELECTION TO THE BOARD OF TRUSTEES OR AS AN UNDERGRADUATE OFFICER, AND ANNUALLY THEREAFTER, ALL TRUSTEES AND UNDERGRADUATE OFFICERS SHALL DISCLOSE IN WRITING BY SIGNING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE BOARD CHAIR OR THE EXECUTIVE COMMITTEE SHALL APPLY THE RULES AND PROCEDURES OUTLINED IN THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WILL APPROVE THE COMPENSATION FOR TOP MANAGEMENT EMPLOYEE, THE GENERAL MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HOURLY EMPLOYEES ARE APPROVED BY THE GENERAL MANAGER IF IT FALLS WITHIN THE BOARD APPROVED OPERATIONS BUDGET. MANAGEMENT OR SALARIED EMPLOYEES ARE RECOMMENDED BY THE GENERAL MANAGER FOR APPROVAL BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS WILL BE PROVIDED UPON REQUEST TO THE GENERAL MANAGER OR TRUSTEES OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0587268
IRS990/TotalAssetsEOYAmt0444023
IRS990/TotalAssetsGrp/BOYAmt0587268
IRS990/TotalAssetsGrp/EOYAmt0444023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$444,023
Liabilities
$356,595
Net assets
$87,428
Revenue
$872,045
Expenses
$970,399
Net income
-$98,354
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.34$0.02$0.79$0.84$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.36$0.09$0.87$0.97$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.40$0.19$0.71$1.01$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.41$0.49$0.87$1.14$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.28$0.76$0.58$0.42$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.01$0.60$1.09$0.97$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.13$0.48$1.35$1.32$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.04$0.45$1.22$1.32$0.10
2017Summary only. Only limited summary data is available for this year.$0.72$0.18$0.54$1.03$1.33$0.30
2016Summary only. Only limited summary data is available for this year.$0.86$0.01$0.84$1.62$1.33$0.29
2015Summary only. Only limited summary data is available for this year.$0.57$0.02$0.55$1.21$1.18$0.03
2014Summary only. Only limited summary data is available for this year.$0.54$0.01$0.52$1.10$1.04$0.06
2013Summary only. Only limited summary data is available for this year.$0.48$0.02$0.46$1.19$1.24$0.05
2012Summary only. Only limited summary data is available for this year.$0.52$0.01$0.51$1.21$1.27$0.06
2011Summary only. Only limited summary data is available for this year.$0.59$0.02$0.57$1.19$1.12$0.08