Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| SCHEDULE E, PART I, LINE 3 | ORGANIZATION PLACED AN ADVERTISEMENT IN THE WASHINGTON POST AND BALTIMORE SUN TO PUBLICIZE NONDISCRIMINATION POLICY. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ARTICLE IV. MEMBERSHIP. SECTION 1. THIS CORPORATION SHALL BE A MEMBERSHIP CORPORATION AND SHALL HAVE ONLY ONE CLASS OF MEMBERS: THE PARENTS OR GUARDIANS OF STUDENTS REGISTERED IN THE SCHOOL. SECTION 2. THE PARENT OR GUARDIAN OF EACH STUDENT REGISTERED IN THE SCHOOL SHALL BE ENTITLED TO MEMBERSHIP WHEN A STUDENT IS FIRST REGISTERED, EXCEPT THAT ONLY ONE MEMBERSHIP MAY BE ISSUED TO ANY ONE FAMILY. IF THE PARENTS OF A CHILD ARE SEPARATED OR DIVORCED, THE MEMBERSHIP SHALL BE HELD BY THAT PARENT WHO ENROLLS THE CHILD IN THE SCHOOL EXCEPT WHEN THE PARENTS DECIDE OTHERWISE AND SO NOTIFY THE SCHOOL. WHEN ALL THE STUDENTS REGISTERED IN THE NAME OF A PARENT OR GUARDIAN ARE WITHDRAWN FROM THE SCHOOL, THE PARENT OR GUARDIAN SHALL CEASE TO HAVE MEMBERSHIP IN THE CORPORATION. SECTION 3. THE HOLDER OF EACH MEMBERSHIP SHALL BE ENTITLED TO ONE VOTE. NO MEMBER MAY VOTE MORE THAN ONCE ON ANY SPECIFIC VOTING ISSUE. SECTION 4. COMMUNICATION WITH THE MEMBERSHIP SHALL TAKE PLACE BY MAIL, EITHER ELECTRONIC OR POSTAL. |
| FORM 990, PART VI, SECTION A, LINE 7A | ARTICLE V. MEETINGS OF THE MEMBERSHIP. SECTION 1. THE REGULAR ANNUAL MEETING OF MEMBERS SHALL BE HELD ONCE EVERY ACADEMIC YEAR, AT SUCH DAY, TIME AND PLACE AS SHALL BE DETERMINED BY THE BOARD OF TRUSTEES. SECTION 2. THE REGULAR ANNUAL MEETING SHALL BE FOR THE PURPOSE OF ELECTING TRUSTEES, PRESENTING THE BUDGET, CONSIDERING THE STATE OF THE SCHOOL AND TRANSACTING SUCH OTHER BUSINESS AS MAY COME BEFORE IT. SECTION 3. SPECIAL MEETINGS OF MEMBERS MAY BE CALLED BY THE CHAIR, BY A MAJORITY OF THE BOARD OF TRUSTEES, OR BY WRITTEN PETITION OF SEVENTY-FIVE (75) MEMBERS. THE SPECIAL MEETING SHALL BE HELD WITHIN THREE WEEKS AFTER THE PETITION IS PRESENTED. SECTION 4. WRITTEN NOTICE OF ALL MEMBERSHIP MEETINGS, WHETHER REGULAR OR SPECIAL, STATING THE TIME, PLACE AND PURPOSES THEREOF, INCLUDING A FULL AGENDA, SHALL BE MAILED OR DELIVERED BY THE BOARD TO EACH MEMBER OF THIS CORPORATION NO FEWER THAN TEN (10) BUSINESS DAYS BEFORE THE DATE OF THE MEETING, EXCEPT AS A DIFFERENT PERIOD OF NOTICE FOR ANY MEETING IS SPECIFIED ELSEWHERE IN THESE BY-LAWS. ANY MATTER OR ISSUE MAY BE PLACED ON THE AGENDA OF ANY REGULAR OR SPECIAL MEETING BY A WRITTEN PETITION OF FIFTEEN (15) MEMBERS DELIVERED TO THE CHAIR OF THE BOARD (C/O THE HEAD OF SCHOOL'S OFFICE) AT LEAST FIVE (5) BUSINESS DAYS BEFORE THE MEETING. UNLESS PLACED ON SUCH AGENDA, NO MATTER OR ISSUE MAY BE VOTED UPON AT THE MEETING. SECTION 5. THE PRESENCE OF ONE HUNDRED TWENTY-FIVE (125) MEMBERS ENTITLED TO VOTE AT ANY MEETING SHALL CONSTITUTE A QUORUM. MAIL PROXIES SHALL BE PERMITTED ON ANY SUBSTANTIVE MATTER OR ISSUE TO BE VOTED ON AT A MEETING. THESE PROXIES WILL BE COUNTED FOR THE PURPOSE OF DETERMINING WHETHER A QUORUM EXISTS AT THE MEETING. ANY MEMBER WHO HAS MAILED IN A PROXY MAY ATTEND THE MEETING, REVOKE TBE PROXY AND VOTE PERSONALLY AT THE MEETING. A MAJORITY OF THOSE VOTING IN PERSON OR BY PROXY SHALL DETERMINE THE OUTCOME OF ANY SUBSTANTIVE MATTER OR ISSUE VOTED ON AT A MEETING, EXCEPT THAT THE ELECTION OF TRUSTEES SHALL BE DETERMINED PURSUANT TO SECTION 8 OF THIS ARTICLE, AND EXCEPT AS OTHERWISE PROVIDED BY LAW, OR BY THESE BY-LAWS. SECTION 6. WHERE AND IN THE MANNER AUTHORIZED BY THE BOARD OF TRUSTEES, ANY ACTION REQUIRED TO BE TAKEN AT A MEETING OF THE VOTING MEMBERS OR ANY ACTION WHICH MAY BE TAKEN AT A MEETING OF THE VOTING MEMBERS MAY BE CONDUCTED BY BALLOT BY MEANS OF U.S. MAIL, FAX, ELECTRONIC MAIL OR ANY OTHER METHOD OF VOTING PROVIDED FOR BY THE DISTRICT OF COLUMBIA NONPROFIT CORPORATION ACT "THE ACT". SUCH VOTING SHALL BE SUBJECT TO THE SAME QUORUM AND NOTICE REQUIREMENTS AS A MEETING HELD IN PERSON BASED ON THE NUMBER OF BALLOTS RETURNED. THE BOARD OF TRUSTEES MUST REQUIRE ALL BALLOTS TO BE RECEIVED BY A DATE CERTAIN, IN LIEU OF SEEKING A VOTE AT A REGULAR OR SPECIAL MEETING OF THE CORPORATION. WHENEVER A QUORUM IS NOT ACHIEVED AT A REGULAR OR SPECIAL MEETING, PRECLUDING A VOTE ON AN AGENDA ITEM, THE BOARD OF TRUSTEES THEREAFTER MAY ADJOURN THE MEETING OF THE MEMBERS TO A NEW TIME OR CONDUCT A VOTE SOLELY BY MAIL OR ELECTRONIC BALLOT. A MAJORITY OF THOSE VOTING SHALL DETERMINE THE OUTCOME OF THE ISSUE VOTED ON. THIS PARAGRAPH IS INAPPLICABLE TO ELECTIONS FOR THE BOARD OF TRUSTEES COVERED IN SECTION 8 OF THIS ARTICLE. SECTION 7. EXCEPT INSOFAR AS THE BOARD OF TRUSTEES SHALL SPECIFY OTHERWISE, REGULAR AND SPECIAL MEETINGS OF THE MEMBERS SHALL BE CONDUCTED TO THE EXTENT PRACTICABLE IN ACCORDANCE WITH THE THEN CURRENT EDITION OF ROBERT'S RULES OF ORDER. SECTION 8. THE NOMINEES FOR THE TRUSTEE POSITIONS RECEIVING THE LARGEST NUMBER OF VOTES SHALL BE ELECTED TRUSTEES FOR THOSE VACANCIES THAT EXIST. SUCH VOTES MAY BE CAST AT THE ANNUAL MEETING AT WHICH A QUORUM IS PRESENT, OR AT A SPECIAL MEETING, OR MAIL BALLOT, OR ELECTRONIC BALLOT, OR OTHER FORM PERMISSIBLE PURSUANT TO ARTICLE V, SECTION 5 OR 6. ELECTIONS SHALL BE BY SECRET BALLOT. SECTION 9. AS USED HEREIN, THE TERM "MAIL" SHALL BE DEEMED TO INCLUDE ELECTRONIC MAIL. SECTION 10. WHERE AND IN THE MANNER AUTHORIZED BY THE BOARD OF TRUSTEES AND TO THE EXTENT PERMITTED BY THE ACT, ANY PERSON PARTICIPATING IN A MEETING OF THE VOTING MEMBERS MAY PARTICIPATE BY MEANS OF CONFERENCE TELEPHONE OR BY ANY MEANS OF COMMUNICATION SUCH AS ELECTRONIC COMMUNICATION BY WHICH ALL PERSONS PARTICIPATING IN THE MEETING ARE ABLE READ OR HEAR PROCEEDINGS SUBSTANTIALLY CONCURRENTLY WITH THEIR OCCURENCE, VOTE ON MATTERS SUBMITTED TO THE MEMBERS, POSE QUESTIONS, MAKE COMMENTS, AND OTHERWISE FULLY PARTICIPATE IN THE MEETING. SUCH PARTICIPATION SHALL CONSTITUTE PRESENCE IN PERSON AT THE MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS MUST APPROVE CHANGES IN BY-LAWS AND DEBT INCURRANCE OVER 20% OF BUDGET. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE MEETS WITH THE ACCOUNTANTS TO DISCUSS THE 990 FILING. THE AUDIT COMMITTEE REVIEWS THE FORM 990. A COPY OF THE COMPLETED FORM IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR ALL BOARD MEMBERS AND SCHOOL ADMINISTRATION ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST STATEMENT. THESE FILES ARE MAINTAINED BY THE EXECUTIVE ASSISTANT TO THE HEAD OF THE SCHOOL. FACULTY AND STAFF ARE CONTRACTUALLY REQUIRED TO REPORT CONFLICTS OF INTEREST TO THE HEAD OF THE SCHOOL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD AND ITS COMMITTEES BENCHMARK THE HEAD OF SCHOOL'S COMPENSATION WITH OTHER SCHOOLS USING SURVEY DATA. THE INITIAL COMPENSATION OF ADMINISTRATIVE STAFF IS ALSO DETERMINED USING COMPENSATION SURVEY DATA. INITIAL COMPENSATION OF FACULTY IS DETERMINED USING THE SCHOOL'S FACULTY SALARY CHART WHICH TAKES INTO CONSIDERATION TEACHING AND RELEVANT EXPERIENCE. THE FACULTY SALARY CHART IS COMPARED TO SURVEY DATA ON AN ANNUAL BASIS. THE ORGANIZATION ALSO DOCUMENTS THE DECISIONS OF THE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S BYLAWS ARE AVAILABLE ON THE SCHOOL WEBSITE AS WELL AS BY REQUEST. AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | INTEREST RATE SWAP LOSS -7,231. INTEREST RATE CAP LOSS -7,600,281. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. |
| Software ID: | |
| Software Version: |