Civic Intelligence

Seabury Hall

990 • Fiscal year 2020 • EIN 99-0110784

Jun 01, 2019 to May 31, 2020 • Filed on Apr 07, 2021

480 Olinda RoadMakawao, HI 96768

(808) 572-7235

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.05x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

36th percentile

0.26x

Higher debt load relative to revenue than 36% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

60th percentile

7.6%

Higher net margin than 60% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$158,099

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

38th percentile

2.8%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

3.0%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$66,112,997

Up $1,796,211 (+2.8%) from 2019

Net Assets

Up

$62,733,869

Up $1,003,381 (+1.6%) from 2019

Liabilities

Up

$3,379,128

Up $792,830 (+31%) from 2019

Revenue

Up

$13,234,002

Up $382,773 (+3.0%) from 2019

Expenses

Up

$12,230,621

Up $96,597 (+0.8%) from 2019

Net Income

Up

$1,003,381

Up $286,176 (+40%) from 2019

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $44,326,245Liabilities 2010: $3,497,657Net Assets 2010: $40,828,5882010Assets 2011: $49,342,718Liabilities 2011: $4,021,567Net Assets 2011: $45,321,1512011Assets 2012: $54,096,104Liabilities 2012: $4,285,156Net Assets 2012: $49,810,9482012Assets 2013: $57,290,849Liabilities 2013: $4,130,662Net Assets 2013: $53,160,1872013Assets 2014: $58,909,320Liabilities 2014: $4,077,436Net Assets 2014: $54,831,8842014Assets 2015: $60,421,015Liabilities 2015: $4,656,776Net Assets 2015: $55,764,2392015Assets 2016: $60,861,546Liabilities 2016: $5,142,749Net Assets 2016: $55,718,7972016Assets 2017: $61,568,574Liabilities 2017: $3,100,741Net Assets 2017: $58,467,8332017Assets 2018: $63,443,547Liabilities 2018: $2,430,264Net Assets 2018: $61,013,2832018Assets 2019: $64,316,786Liabilities 2019: $2,586,298Net Assets 2019: $61,730,4882019Assets 2020: $66,112,997Liabilities 2020: $3,379,128Net Assets 2020: $62,733,8692020Assets 2021: $73,507,043Liabilities 2021: $2,881,111Net Assets 2021: $70,625,9322021Assets 2022: $71,634,434Liabilities 2022: $3,305,307Net Assets 2022: $68,329,1272022Assets 2023: $69,513,259Liabilities 2023: $3,689,565Net Assets 2023: $65,823,6942023

Highlighted filing

2020

Assets$66,112,997
Liabilities$3,379,128
Net Assets$62,733,869

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,132,2952010Expenses 2011: $9,254,5502011Expenses 2012: $9,613,8282012Expenses 2013: $9,922,4082013Revenue 2014: $12,095,027Expenses 2014: $10,423,330Net Income 2014: $1,671,6972014Revenue 2015: $11,769,947Expenses 2015: $10,837,592Net Income 2015: $932,3552015Revenue 2016: $11,111,633Expenses 2016: $11,157,075Net Income 2016: -$45,4422016Revenue 2017: $13,891,212Expenses 2017: $11,142,176Net Income 2017: $2,749,0362017Revenue 2018: $14,156,396Expenses 2018: $11,610,946Net Income 2018: $2,545,4502018Revenue 2019: $12,851,229Expenses 2019: $12,134,024Net Income 2019: $717,2052019Revenue 2020: $13,234,002Expenses 2020: $12,230,621Net Income 2020: $1,003,3812020Revenue 2021: $17,625,227Expenses 2021: $13,307,746Net Income 2021: $4,317,4812021Revenue 2022: $12,939,706Expenses 2022: $14,748,434Net Income 2022: -$1,808,7282022Revenue 2023: $17,602,995Expenses 2023: $16,543,198Net Income 2023: $1,059,7972023

Highlighted filing

2020

Revenue$13,234,002
Expenses$12,230,621
Net Income$1,003,381
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Apr 7, 2021
Return Version
2019v5.0
Gross Receipts
$14,001,073
Mission and Program Overview

Mission

Seabury hall inspires a high standard of academic achievement through a balanced program nurturing respect and dignity of character rooted in our school and spiritual values.

Prepare students for successful college and university work; move students to develop mind, body, and soul; cause students to realize their responsibility to community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,745,157$25,048,622▲ $303,465
Investments in Publicly Traded Securities$19,516,304$20,593,148▲ $1,076,844
Cash and Non-Interest-Bearing Accounts$2,409,489$2,537,078▲ $127,589
Prepaid Expenses and Deferred Charges$124,537$100,749▼ $23,788
Accounts Receivable$3,101$2,048▼ $1,053
Total Assets$64,316,786$66,112,997▲ $1,796,211
Other Assets Total$17,518,198$17,831,352▲ $313,154
Liabilities
Other Liabilities$1,681,231$1,187,627▼ $493,604
Unsecured Notes Loans Payable-$1,150,405-
Accounts Payable and Accrued Expenses$905,067$1,041,096▲ $136,029
Total Liabilities$2,586,298$3,379,128▲ $792,830
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,888,404$35,116,616▲ $228,212
Net Assets With Donor Restrictions$26,842,084$27,617,253▲ $775,169
Total Net Assets Fund Balance$61,730,488$62,733,869▲ $1,003,381
Total Liabilities and Net Assets / Fund Balance$64,316,786$66,112,997▲ $1,796,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,463,624$13,360,441$34,824,065
Equipment$694,057$2,629,603$3,323,660
Land$2,890,941-$2,890,941
Other Assets Org$316,537--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$31,497,391$836,543▲ $390,758-$32,254,338
2018$30,884,638$133,655▲ $884,627-$31,497,391
2017$28,999,186$1,640,560▲ $589,038-$30,884,638
2016$26,419,320$926,463▲ $1,912,796-$28,999,186
2015$26,521,528$365,116▼ $254,960-$26,419,320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Paul WenningerInterim HeadFT$147,756$10,343$158,099
Mr Paul WenningerInterim Head Master-$147,756$10,343$158,099
Mrs Elaine NelsonAdmissions DFT$115,306$15,976$131,282
Ms Jacqueline NealMiddle SchooFT$103,665$22,962$126,627
Ms Natalie WaltersBusiness ManFT$100,675$15,291$115,966
Mr Jon TodaTech DirectoFT$100,735$14,956$115,691
Mrs Maureen MaddenHead MasterFT$95,916-$95,916
Revenue and Support

Revenue Composition

Contributions and Grants
$2,503,666
Program Service Revenue
$10,052,282
Investment Income
$665,860
Other Revenue
$12,194
All Other Contributions
$2,476,051
Change in Net Assets
$1,003,381

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7,410$715,927Fair Market Value
Other Non Cash Contri Table44$17,153Fair Market Value
Other Non Cash Contri Table18$6,549Fair Market Value
Total Noncash Contributions7,472$739,629-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,234,002
Total Revenue per Audited Statements
$13,234,002
Total Revenue per Form 990
$13,234,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,186,663
Other Expenses$3,402,091
Grants and Similar Amounts Paid$1,641,867
Total Fundraising Expense$341,467
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,146,555$1,172,489$202,553$5,521,597
Grants to Domestic Individuals$1,641,867--$1,641,867
Depreciation Depletion-$1,130,649-$1,130,649
Other Employee Benefits$466,186$173,311$29,486$668,983
Payroll Taxes$324,510$113,323$16,165$453,998
Insurance$147,036$166,890$9,750$323,676
Pension Plan Contributions$216,282$65,569$6,219$288,070
Current Officers, Directors, Trustees, and Key Employees-$254,015-$254,015
All Other Expenses$68,948$150,741$21,463$241,152
Fees for Services Other$99,002$95,016$22,198$216,216
Occupancy-$181,845-$181,845
Other Expenses$16,693$111,961$3,328$131,982
Office Expenses$20,421$42,486$27,788$90,695
Travel$64,960$4,717$1,783$71,460
Advertising-$38,730$734$39,464
Total Functional Expenses$7,919,715$3,969,439$341,467$12,230,621

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,230,621
Total Expenses per Audited Statements$12,230,621
Total Expenses per Form 990$12,230,621
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$62,654
Fundraising Direct Expenses$50,460
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$89,157$62,654$21,357$41,297
Total Events$89,157$62,654$49,051$13,603
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Tuition and Advanced Deposit$1,187,627
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 11B

A copy of the 990 tax return was furnished to the board of trustees for review and approval prior to being filed.

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

The conflict of interest policy is communicated to all staff and board of trustees. Any trustee with a potential conflict of interest is expected to recuse themselves from voting and disclose the conflict. However, seabury hall has not identified any potential conflict of interest.

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

Compensation for the headmaster is reviewed by the board of trustees and based upon annual goals set forth by the governing body.

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

There are currently no compensated officers; however, compensation would be determined by the headmaster or the board of trustees as appropriate.

Form 990, Page 6, Part VI, Line 19

Copies of the form 990 and exempt application are available at the business office upon request.

Filing and Contact Details

Filer

Filer Name
Seabury Hall
EIN
99-0110784
Phone
8085727235
Address
480 OLINDA ROAD, MAKAWAO, HI 96768

Signing Officer

Name
Mr Glenn Yamasaki
Title
Treasurer
Phone
8085727235
Signed
2021-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr R Clay Sutherland
Formed
1964
Legal Domicile
Hi
Voting Board Members
23
Independent Board Members
23
Employees
195
Volunteers
250

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Kyle Hays
Phone
8082425002
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Financial aid to assist those students who are in need and to encourage other students to attend.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The school's endowment funds consist of 17 individual funds for a variety of donor designated purposes.

Schedule D, Page 3, Part X

The school, a not-for-profit organization, is exempt from federal income tax under section 501(c)(3) of the internal revenue code and also from state of hawaii income taxes under section 237-23(b) of the hawaii revised statutes. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the school may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examintion by taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal years 2020 or 2019.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23HEAD MASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt24INTERIM HEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt25ADMISSIONS D
IRS990/Form990PartVIISectionAGrp/TitleTxt26BUSINESS MAN
IRS990/Form990PartVIISectionAGrp/TitleTxt27TECH DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt28MIDDLE SCHOO
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$69.5$3.69$65.8$17.6$16.5$1.06
2022Summary only. Only limited summary data is available for this year.$71.6$3.31$68.3$12.9$14.7$1.81
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.5$2.88$70.6$17.6$13.3$4.32
2020Detailed filing. Detailed filing data is available for this year.$66.1$3.38$62.7$13.2$12.2$1.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.3$2.59$61.7$12.9$12.1$0.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.4$2.43$61.0$14.2$11.6$2.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.6$3.10$58.5$13.9$11.1$2.75
2016Detailed filing. Detailed filing data is available for this year.$60.9$5.14$55.7$11.1$11.2$0.05
2015Detailed filing. Detailed filing data is available for this year.$60.4$4.66$55.8$11.8$10.8$0.93
2014Detailed filing. Detailed filing data is available for this year.$58.9$4.08$54.8$12.1$10.4$1.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.3$4.13$53.2$9.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.1$4.29$49.8$9.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.3$4.02$45.3$9.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.3$3.50$40.8$9.13