Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ELIZABETH W MURPHEY SCHOOL INC
 
Number and street (or P.O. box number if mail is not delivered to street address)42 KINGS HIGHWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DOVER, DE199013817
A Employer identification number

51-0064321
B Telephone number (see instructions)

(302) 734-7478
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,658,391J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 749,714
2 Check bullet.............
3 Interest on savings and temporary cash investments 634 634 634
4 Dividends and interest from securities... 20,024 20,024 20,024
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,601,423   2,601,423
12 Total. Add lines 1 through 11........ 3,371,795 20,658 2,622,081
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 111,408     111,408
14 Other employee salaries and wages...... 1,617,828     1,617,828
15 Pension plans, employee benefits....... 358,969     382,867
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,453     8,453
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,404     1,404
19 Depreciation (attach schedule) and depletion... Click to see attachment 173,259    
20 Occupancy.............. 81,946     81,946
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 890,570 6,962   883,608
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,243,837 6,962   3,087,514
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 3,243,837 6,962   3,087,514
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 127,958
b Net investment income (if negative, enter -0-) 13,696
c Adjusted net income (if negative, enter -0-)... 2,622,081
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 414,557 488,762 488,762
2 Savings and temporary cash investments......... 203,322 339,742 339,742
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 695,240 Click to see attachment750,109 750,109
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet5,576,839
Less: accumulated depreciation (attach schedule) bullet2,934,104 2,776,967 Click to see attachment2,642,735 4,000,000
15 Other assets (describe bullet) Click to see attachment36,997 Click to see attachment79,778 Click to see attachment79,778
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,127,083 4,301,126 5,658,391
Liabilities 17 Accounts payable and accrued expenses.......... 17,677 13,096
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 17,677 13,096
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 4,082,093 4,234,981
25 Net assets with donor restrictions............ 27,313 53,049
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,109,406 4,288,030
30 Total liabilities and net assets/fund balances (see instructions). 4,127,083 4,301,126
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,109,406
2
Enter amount from Part I, line 27a .....................
2
127,958
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
50,666
4
Add lines 1, 2, and 3 ..........................
4
4,288,030
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,288,030
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 190
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 190
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 190
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 432
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 432
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 242
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet242 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MURPHEYSCHOOL.ORG
    14
    The books are in care ofbulletMICHAEL KOPP Telephone no.bullet (302) 734-7478

    Located atbullet14 KINGS HIGHWAYDOVERDE ZIP+4bullet19901
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MICHAEL J KOPP EXEC DIR/SEC
    40.00     		111,408 0 0
    48 KINGS HIGHWAY
    DOVER,DE19901
    MARY SHERLOCK PRESIDENT
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    NANCY WAGNER VICE PRESIDE
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    DANIEL W ROWLES DIRECTOR
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    ROBERT VAN GORDER DIRECTOR
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    JOAN ENGEL DIRECTOR
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    SARAH PATTERSON DIRECTOR
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    PATRICIA M FOLTZ DIRECTOR
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    TED HENDERSON DIRECTOR
    2.00     		0 0 0
    48 KINGS HWY
    DOVER,DE19901
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    MELISSA BRIDDELL IL DIRECTOR
    40.00     		78,911 665  
    42 KINGS HWY
    DOVER,DE19901
    CYNTHIA LIVERPOOL FINANCE OFFI
    40.00     		67,058 656  
    42 KINGS HIGHWAY
    DOVER,DE19901
    JAMES NYE JR PROG MANAGER
    40.00     		63,357    
    42 KINGS HIGHWAY
    DOVER,DE19901
    GRACE HALAMA HR DIRECTOR
    40.00     		58,693 650  
    42 KINGS HIGHWAY
    DOVER,DE19901
    APRIL TAZELAAR SANFORD COTT
    40.00     		54,543 650  
    42 KINGS HWY
    DOVER,DE19901
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 PRINCIPAL ACTIVITY IS THE OPERATION OF A HOME, LOCATED IN DOVER, DELAWARE, FOR DISADVANTAGED AND TROUBLED YOUTH. 3,087,514
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    711,240
    b
    Average of monthly cash balances.......................
    1b
    734,627
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,445,867
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,445,867
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    21,688
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,424,179
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    71,209
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,087,514
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    28,735
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,116,249
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,116,249
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,116,249
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 3,116,249
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,116,249
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    71,209 60,602 56,452 47,435 235,698
    b 85% of line 2a ......... 60,528 51,512 47,984 40,320 200,344
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		3,116,249 3,073,202 2,894,369 2,787,384 11,871,204
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		3,116,249 3,073,202 2,894,369 2,787,384 11,871,204
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 5,300,000 5,350,116 5,187,960 5,169,526 21,007,602
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 4,019,500 4,020,252 4,017,819 4,017,543 16,075,114
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies         2,601,423
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 634  
    4 Dividends and interest from securities....     14 20,024  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   20,658 2,601,423
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,622,081
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1G THIS MONEY IS USED TO PROVIDE HOUSING AND SUPPORT TO THE
    1G CHILDREN.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    ELIZABETH W MURPHEY SCHOOL INC
     
    Employer identification number

    51-0064321
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    ELIZABETH W MURPHEY SCHOOL INC
          		Employer identification number
    51-0064321
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SANFORD S MURPHEY TRUST
    918 SEVENTEENTH STREET
     
    DENVER, CO80202

    		$ 329,524


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    STATE OF DELAWARE
    GRANT IN AID
    820 NORTH FRENCH STREET
     
    WILMINGTON, DE19801

    		$ 45,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    DELAWARE COMMUNITY FOUNDATION
    PO BOX 1636
     
    WILMINGTON, DE19899

    		$ 15,600


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    PAYCHECK PROTECTION PROGRAM
    SBA
    409 3RD ST SW
     
    WASHINGTON, DC20416

    		$ 338,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    STATE BANKING COMMISSION
     
    1110 FORREST AVENUE
     
    DOVER, DE19904

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    ELIZABETH W MURPHEY SCHOOL INC
          		Employer identification number

    51-0064321
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    ELIZABETH W MURPHEY SCHOOL INC
          		Employer identification number

    51-0064321
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 8,453     8,453

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND & LAND IMPROVEMENTS - 1922 2030-01-01 84,912              
    FLAG POLE & MEMORIAL-PRE 86 1985-01-01 4,566              
    BUILDING - 1922 2030-01-01 547,334 141,395 S/L 120.0000 4,561      
    IMPROVEMENTS 1986-01-01 3,162 3,162 S/L 15.0000        
    IMPROVEMENTS 1990-01-01 23,212 23,212 S/L 15.0000        
    IMPROVEMENTS ROOF/ELEC 1991-01-01 22,862 22,862 S/L 15.0000        
    IMPROVEMENTS 1992-01-01 25,883 25,883 S/L 15.0000        
    IMPROVEMENTS 1993-01-01 63,377 43,054 S/L 39.0000 1,625      
    IMPROVEMENTS 1994-01-01 53,015 34,657 S/L 39.0000 1,359      
    EQUIPMENT - 1922 2030-01-01 111,600 44,930 S/L 77.0000 1,449      
    FURNITURE & FIXTURES - 1922 2030-01-01 46,123 18,569 S/L 77.0000 599      
    IMPROVEMENTS 1997-01-01 25,779 25,779 S/L 15.0000        
    IMPROVEMENTS 1997-03-15 11,250 11,250 S/L 15.0000        
    FENCING 1997-05-15 1,102 1,102 S/L 10.0000        
    IMPROVEMENTS 1997-05-15 7,700 7,700 S/L 15.0000        
    IMPROVEMENTS 1997-06-15 10,200 10,200 S/L 15.0000        
    IMPROVEMENTS 1997-07-15 18,430 18,430 S/L 15.0000        
    IMPROVEMENTS 1997-08-15 15,300 15,300 S/L 15.0000        
    IMPROVEMENTS 1997-12-15 32,623 32,623 S/L 15.0000        
    IMPROVEMENTS 1997-01-08 1,944 1,944 S/L 10.0000        
    IMPROVEMENTS 1997-06-15 16,233 16,233 S/L 15.0000        
    IMPROVEMENTS 1997-07-15 8,769 8,769 S/L 15.0000        
    IMPROVEMENTS 1997-08-15 10,650 10,650 S/L 15.0000        
    IMPROVEMENTS 1997-04-15 3,625 3,625 S/L 15.0000        
    IMPROVEMENTS 1997-09-15 2,000 2,000 S/L 15.0000        
    IMPROVEMENTS 1997-11-01 11,433 11,433 S/L 15.0000        
    EQUIPMENT 1997-12-31 5,398 5,398 S/L 5.0000        
    EQUIPMENT 1997-04-17 1,125 1,125 S/L 5.0000        
    EQUIPMENT 1997-08-07 1,350 1,350 S/L 5.0000        
    ARTWORK 1997-12-31 950 950 S/L 5.0000        
    IMPROVEMENTS 1998-10-21 4,650 4,650 S/L 15.0000        
    IMPROVEMENTS 1998-12-31 3,550 3,550 S/L 15.0000        
    IMPROVEMENTS 1998-12-01 15,400 15,400 S/L 15.0000        
    IMPROVEMENTS 1998-12-31 7,500 7,500 S/L 15.0000        
    IMPROVEMENTS 1998-12-31 5,530 5,530 S/L 15.0000        
    IMPROVEMENTS 1998-05-22 10,400 10,400 S/L 15.0000        
    IMPROVEMENTS 1998-06-29 3,750 3,750 S/L 15.0000        
    IMPROVEMENTS 1998-08-13 2,700 2,700 S/L 15.0000        
    IMPROVEMENTS 1998-12-01 3,869 3,869 S/L 15.0000        
    IMPROVEMENT 1998-12-10 2,250 2,250 S/L 15.0000        
    IMPROVEMENTS 1998-01-29 3,554 3,554 S/L 15.0000        
    IMPROVEMENTS 1998-03-05 2,621 2,621 S/L 15.0000        
    IMPROVEMENTS 1998-06-26 25,746 25,746 S/L 15.0000        
    IMPROVEMENTS 1998-08-01 46,220 46,220 S/L 15.0000        
    HOUSING EQUIPMENT 1998-08-01 1,698 1,698 S/L 5.0000        
    WASHER/DRYER 1998-10-21 1,640 1,640 S/L 5.0000        
    FURNITURE 1998-04-14 10,944 10,944 S/L 7.0000        
    FURNITURE 1998-06-26 650 650 S/L 7.0000        
    BUILDING IMPROVEMENTS 1999-03-18 3,551 1,889 S/L 39.0000 91      
    BUILDING IMPROVEMENTS-ELECTRICAL & CARPET 1999-05-19 19,104 19,104 S/L 15.0000        
    BUILDING IMPROVEMENTS-ROOF 1999-09-13 45,347 23,643 S/L 39.0000 1,162      
    BUILDING IMPROVEMENT 1999-05-19 60,293 31,821 S/L 39.0000 1,546      
    COMPUTER 1999-01-13 1,514 1,514 S/L 5.0000        
    FREEZER 1999-03-18 1,270 1,270 S/L 7.0000        
    FURNITURE 1999-04-29 4,000 4,000 S/L 7.0000        
    PICTURES 1999-05-19 373 373 S/L 7.0000        
    FREEZER 1999-10-14 1,300 1,300 S/L 7.0000        
    PORTRAIT AND PRINTS 1999-04-12 8,253              
    WALK AND DRIVEWAY 2000-07-05 5,497 5,497 S/L 15.0000        
    IMPROVEMENTS 2000-06-05 4,582 4,582 S/L 15.0000        
    IMPROVEMENTS 2000-08-15 10,166 10,166 S/L 15.0000        
    IMPROVEMENTS 2000-09-21 2,593 2,593 S/L 15.0000        
    IMPROVEMENTS 2000-09-21 2,593 2,593 S/L 15.0000        
    IMPROVEMENTS 2000-11-16 8,000 8,000 S/L 15.0000        
    IMPROVEMENTS 2000-06-05 25,591 25,591 S/L 15.0000        
    IMPROVEMENTS 2000-04-01 33,600 33,600 S/L 15.0000        
    IMPROVEMENTS 2000-06-05 8,539 8,539 S/L 15.0000        
    IMPROVEMENTS 2000-07-01 194,516 194,516 S/L 15.0000        
    FOOD PANTRY 2000-07-01 17,915 17,915 S/L 15.0000        
    EQUIPMENT 2000-12-01 15,688 15,688 S/L 5.0000        
    FURN + FIX 2000-03-01 1,938 1,938 S/L 5.0000        
    FURN + FIX 2000-03-01 2,429 2,429 S/L 5.0000        
    FURN + FIX 2000-11-01 14,694 14,694 S/L 5.0000        
    TILE FLOOR 2000-01-14 6,200 6,200 S/L 15.0000        
    WALK/DRIVEWAY 2001-01-19 1,771 1,771 S/L 10.0000        
    ROOFING 2001-08-10 5,500 2,591 S/L 39.0000 141      
    CARPETING 2001-03-08 4,180 4,180 S/L 10.0000        
    BUILDING REPAIRS 2001-07-27 36,963 17,455 S/L 39.0000 948      
    RENOVATIONS 2001-02-28 98,767 47,695 S/L 39.0000 2,533      
    COMPUTERS 2001-04-25 7,376 7,376 S/L 5.0000        
    SHOP EQUIPMENT 2001-10-25 1,732 1,732 S/L 5.0000        
    HEATING/AIR UNIT 2001-11-06 2,800 2,800 S/L 5.0000        
    SHELVING 2001-05-09 669 669 S/L 15.0000        
    IMPROVEMENTS 2002-12-11 7,421 3,251 S/L 39.0000 190      
    CARPETING 2002-07-30 8,150 8,150 S/L 5.0000        
    IMPROVEMENTS 2002-12-11 20,574 9,012 S/L 39.0000 528      
    IMPROVEMENTS 2002-01-31 1,421 653 S/L 39.0000 36      
    IMPROVEMENTS 2002-12-11 12,005 5,259 S/L 39.0000 307      
    LOCAL AREA NETWORK 2002-06-19 13,912 13,912 S/L 5.0000        
    COPY MACHINE (KONOCA) 2002-11-11 1,125 1,125 S/L 5.0000        
    LANIER COPIER 2002-10-08 8,515 8,515 S/L 5.0000        
    WALKS & DRIVEWAYS 2002-01-31 4,134 4,134 S/L 15.0000        
    WALKS & DRIVEWAYS 2002-03-07 6,916 6,916 S/L 15.0000        
    WALKS & DRIVEWAYS 2002-04-17 8,762 8,762 S/L 15.0000        
    WALKS & DRIVEWAYS 2002-05-22 14,310 14,310 S/L 15.0000        
    WALKS & DRIVEWAYS 2002-06-19 10,704 10,704 S/L 15.0000        
    WALKS & DRIVEWAYS 2002-07-25 10,294 10,294 S/L 15.0000        
    IMPROVEMENTS - SANFORD 2005-02-01 149,466 57,168 S/L 39.0000 3,832      
    FLOORING 2005-02-01 17,700 17,602 S/L 15.0000 98      
    COMPUTER 2004-08-31 1,694 1,694 S/L 5.0000        
    SNOW BLOWER 2004-01-21 738 738 S/L 5.0000        
    BEDS & FURNITURE FLORANCE COTTAGE 2004-11-30 5,500 5,500 S/L 7.0000        
    SPRINKLER SYSTEM 2004-05-14 5,101 5,101 S/L 7.0000        
    SOUND EQUIPMENT 2003-07-22 2,884 2,884 S/L 5.0000        
    SANFORD BUILDING IMPROVEMENT 2005-02-01 60,000 22,949 S/L 39.0000 1,538      
    SANFORD BUILDING IMPROVEMENT 2005-02-01 64,785 24,779 S/L 39.0000 1,661      
    BASKETBALL COURT 2003-02-12 15,275 15,275 S/L 15.0000        
    BASKETBALL COURT 2003-04-01 26,089 26,089 S/L 15.0000        
    BUILDING IMPROVEMENTS 2003-06-17 5,168 2,186 S/L 39.0000 133      
    BUILDING IMPROVMENTS -E 2003-02-12 1,991 864 S/L 39.0000 51      
    BUILDING IMPROVMENTS -E 2003-02-12 160 70 S/L 39.0000 4      
    BUILDING IMPROVMENTS -E 2003-06-17 731 309 S/L 39.0000 19      
    BUILDING IMPROVMENTS -E 2005-02-01 8,911 3,408 S/L 39.0000 229      
    BUILDING IMPROVMENTS -E 2005-02-01 12,464 4,767 S/L 39.0000 320      
    BUILDING IMPROVMENTS -E 2003-02-12 3,625 1,572 S/L 39.0000 93      
    IMPROVEMENT. 2005-02-01 587 224 S/L 39.0000 15      
    IMPROVEMENT-SEWER LINE HTG PLANT 2005-08-15 3,137 3,015 S/L 15.0000 122      
    IMPROVEMENTS SANFORD HOUSE 2005-02-01 52,115 19,933 S/L 39.0000 1,336      
    GMC 2006 SAVANA VAN 2005-12-28 30,424 30,424 S/L 5.0000        
    TREADMILL 2005-09-28 498 498 S/L 7.0000        
    IMPROVEMENTS 2006-08-31 9,990 8,880 S/L 15.0000 666      
    IMPROVEMENTS 2006-06-09 995 901 S/L 15.0000 67      
    IMPROVEMENTS 2006-12-20 4,210 3,649 S/L 15.0000 280      
    IMPROVEMENTS 2006-01-15 8,578 8,006 S/L 15.0000 572      
    WELDER 2006-11-29 1,134 1,134 S/L 5.0000        
    COMPUTER/DIGITAL CAMERA 2006-01-01 2,217 2,217 S/L 5.0000        
    LAPTOP/SERVER 2006-10-30 8,757 8,757 S/L 5.0000        
    HVAC VARIOUS COTTAGES 2006-10-30 120,125 105,443 S/L 15.0000 8,008      
    COMPUTER - ELIZ COTTAGE 2006-06-30 858 858 S/L 5.0000        
    COMPUTER - GALLOWAY 2006-08-21 1,245 1,245 S/L 5.0000        
    COUCH - ELIZ 2006-04-20 3,056 3,056 S/L 7.0000        
    COMPUTER-SANFORD STAFF 2006-11-21 1,150 1,150 S/L 5.0000        
    COMPUTER - FLOR COTT 2006-02-19 945 945 S/L 5.0000        
    COUCH - BRAD 2006-04-20 1,165 1,165 S/L 7.0000        
    ADMIN F+F 2006-08-21 8,816 8,816 S/L 7.0000        
    TREADMILL 2006-06-30 1,535 1,535 S/L 5.0000        
    DESK - HALAMA 2006-12-21 1,915 1,915 S/L 7.0000        
    NETWORK 2006-11-08 6,594 6,594 S/L 5.0000        
    MERCURY VEHICLE 2007-02-12 9,464 9,464 S/L 5.0000        
    GLASS CUTTER 2007-01-02 802 802 S/L 5.0000        
    COPIER 2007-03-06 10,643 10,643 S/L 5.0000        
    HVAC 2007-11-28 13,000 10,472 S/L 15.0000 867      
    BLINDS-ADMIN/FOARD 2007-09-01 5,581 5,581 S/L 7.0000        
    APPLIANCES FOR COTTAGES 2007-07-01 3,211 3,211 S/L 5.0000        
    FURN - ADMIN BUILDING 2007-02-15 8,398 8,398 S/L 7.0000        
    GYM EQUIPMENT 2007-03-31 1,335 1,335 S/L 5.0000        
    SOFAS FLORENCE 2007-08-20 2,499 2,499 S/L 7.0000        
    DIRECTORS HOME/GARAGE 2008-06-30 124,940 36,841 S/L 39.0000 3,204      
    WINDOWS/TRIM 2009-06-30 165,632 86,957 S/L 20.0000 8,281      
    STEIL WEEDEATER 2009-06-30 880 880 S/L 5.0000        
    COMPUTER PANTRY 2009-06-30 1,680 1,680 S/L 5.0000        
    GEOTHERMAL SYSTEM 2009-06-30 30,737 21,516 S/L 15.0000 2,049      
    WINDOWS 2010-07-01 214,282 135,712 S/L 15.0000 14,285      
    HVAC 2010-05-01 75,186 48,453 S/L 15.0000 5,013      
    TRAILER - ING 2010-07-31 6,959 6,959 S/L 5.0000        
    PLAYGROUND 2010-08-31 15,915 14,854 S/L 10.0000 1,061      
    ICE MACHINE - ING 2010-08-10 4,500 4,500 S/L 7.0000        
    IMPROVEMENTS-ING 2010-08-31 43,809 27,259 S/L 15.0000 2,921      
    FLOOR EDGER 2010-02-03 1,000 1,000 S/L 7.0000        
    SHOP TOOLS 2010-03-10 2,500 2,500 S/L 7.0000        
    NEW SHED 2010-12-13 3,798 2,300 S/L 15.0000 253      
    NEW SERVER 2010-10-27 11,999 11,999 S/L 5.0000        
    WINDOWS 2011-07-01 23,333 13,222 S/L 15.0000 1,556      
    ELIZ RENOVATIONS 2011-07-01 91,060 51,601 S/L 15.0000 6,070      
    LAWN TOOLS 2011-07-01 900 900 S/L 5.0000        
    LAWNMOWER WITH BAGGER 2011-03-29 11,632 11,632 S/L 7.0000        
    LAWN MOWER 2011-04-26 9,240 9,240 S/L 7.0000        
    CAR FOR ELIZABETH 2011-09-08 7,269 7,269 S/L 5.0000        
    GEOTHERMAL SYSTEMS 2011-07-01 310,205 175,783 S/L 15.0000 20,680      
    POLE BUILDING 2011-07-01 36,226 20,528 S/L 15.0000 2,415      
    PLAYGROUND 2011-07-01 5,288 4,495 S/L 10.0000 529      
    CAMERAS FOR ELIZ 2012-09-04 5,293 5,293 S/L 5.0000        
    GEOTHERMAL 2012-06-30 12,535 6,268 S/L 15.0000 835      
    WINDOWS 2012-06-30 6,485 3,242 S/L 15.0000 433      
    EHINGER WINDOW/PAINT/REFINISH 2012-12-01 30,043 14,187 S/L 15.0000 2,003      
    HORIZON TREADMILL 2013-06-03 1,035 973 S/L 7.0000 62      
    HORIZON TREADMILL 2013-06-03 1,035 973 S/L 7.0000 62      
    HORIZON ELLYPTICAL 2013-06-03 1,035 973 S/L 7.0000 62      
    OAR BIKE 2013-06-03 935 879 S/L 7.0000 56      
    OAR BIKE 2013-06-03 935 879 S/L 7.0000 56      
    2012 LARK TRAILER 2013-04-23 3,273 3,273 S/L 5.0000        
    FOARD GEOTHERMAL 2013-01-28 35,000 16,139 S/L 15.0000 2,333      
    ADMIN GEOTHERMAL 2013-02-25 25,730 11,721 S/L 15.0000 1,716      
    ELECTRICAL WIRING FOR ADMIN GEOTHERMAL 2013-03-05 1,640 747 S/L 15.0000 109      
    DIRECTOR'S HOUSE GEOTHERMAL 2013-03-05 29,948 13,643 S/L 15.0000 1,996      
    ELECTRICAL WIRING 48 KINGS HWY GEO 2013-03-25 1,599 720 S/L 15.0000 106      
    DUCT WORK FOR GEOTHERMAL 2013-05-14 2,390 1,062 S/L 15.0000 160      
    FOARD GEOTHERMAL HOOKUP 2013-01-08 3,305 1,542 S/L 15.0000 221      
    EHINGER HALL WINDOWS 2013-11-26 38,574 6,017 S/L 39.0000 989      
    SANDFORD ROOF 2013-10-09 10,000 1,592 S/L 39.0000 256      
    DOUBLE OVEN GAS RANGE 2013-10-01 1,530 956 S/L 10.0000 153      
    TILLER 2013-03-18 1,850 1,850 S/L 5.0000        
    ELECTRICAL HEATERS FOR ELIZABETH 2013-03-05 6,956 1,219 S/L 39.0000 178      
    CARPET IN FLORENCE 2013-02-25 7,225 4,937 S/L 10.0000 723      
    FLORENCE BATHROOM RENOVATIONS 2013-10-09 35,166 5,598 S/L 39.0000 902      
    BRADFORD CARPETING 2013-06-28 8,500 5,525 S/L 10.0000 850      
    FORD TRUCK/2000 2014-08-28 2,800 2,133 S/L 7.0000 400      
    FRIDGE 2014-07-24 1,800 1,393 S/L 7.0000 257      
    PAVILION 2014-10-08 31,086 4,185 S/L 39.0000 797      
    ROOF - EHINGER-15 KINGS LECTURE HALL 2014-10-28 94,574 12,331 S/L 39.0000 2,425      
    FLORENCE-35 KENT AVE ROOF 2014-12-04 105,000 13,574 S/L 39.0000 2,692      
    25.5CF FRENCH DOOR REFRIDGE 2014-12-08 900 654 S/L 7.0000 128      
    25.5CF FRENCH DOOR REFRIDGE 2014-12-08 900 654 S/L 7.0000 128      
    25.5CF FRENCH DOOR REFRIDGE 2014-12-08 900 654 S/L 7.0000 128      
    25.5CF FRENCH DOOR REFRIDGE 2014-12-08 900 654 S/L 7.0000 128      
    FLORENCE BATHROOM REMODEL 2014-08-15 38,770 5,385 S/L 39.0000 994      
    WASHER/DRYER KOPP'S HOUSE 2014-11-12 1,950 1,439 S/L 7.0000 279      
    COMPUTER - AMBER 2014-08-15 1,175 1,175 S/L 5.0000        
    RECLINERS 2014-11-12 4,079 3,011 S/L 7.0000 582      
    WATER HEATER 2014-02-14 2,092 1,769 S/L 7.0000 299      
    COPIER 2014-01-30 7,525 7,525 S/L 5.0000        
    SANFORD ROOF 2015-02-23 56,132 6,956 S/L 39.0000 1,440      
    BRADFORD ROOF 2015-06-04 177,748 20,889 S/L 39.0000 4,558      
    ELIZABETH ROOF 2015-04-17 75,500 9,034 S/L 39.0000 1,936      
    DIRECTORS HOUSE ROOF 2015-12-07 10,000 1,047 S/L 39.0000 256      
    CABINETS AND GRANITE COUNTERTOP AT DIRECTOR'S 2015-07-28 12,301 1,393 S/L 39.0000 315      
    CARPET - BRADFORD 2015-03-03 4,876 2,357 S/L 10.0000 487      
    CARPETING UPSTAIRS - BRADFORD 2015-04-17 6,400 2,987 S/L 10.0000 640      
    FOARD ROOF 2015-12-09 26,146 2,738 S/L 39.0000 670      
    FOARD DRIVEWAY 2016-04-12 12,500 3,125 S/L 15.0000 833      
    COTTAGE SIDEWALKS 2016-06-29 9,814 2,290 S/L 15.0000 654      
    SHREDDER FOR OFFICE 2016-01-20 1,510 591 S/L 10.0000 151      
    2015 CHRYSLER T&C VAN 2016-06-20 25,372 8,881 S/L 10.0000 2,537      
    2015 T&C VAN 2016-08-29 40,460 13,487 S/L 10.0000 4,046      
    NEW LAWNMOWER ENGINE 2016-03-30 2,515 943 S/L 10.0000 251      
    800 WATT ELECTRIC START GENERATOR 2016-07-14 1,333 467 S/L 10.0000 133      
    DISHWASHER 2016-10-12 1,042 339 S/L 10.0000 104      
    DISHWASHER 2017-04-13 1,008 277 S/L 10.0000 101      
    DISHWASHER 2017-04-13 1,008 277 S/L 10.0000 101      
    CAMERA SYSTEM 2017-12-18 54,450 10,890 S/L 10.0000 5,445      
    PAINTING ADMIN BUILDING 2017-11-01 6,475 360 S/L 39.0000 166      
    ADMIN ROOF 2018-01-29 117,500 5,775 S/L 39.0000 3,012      
    MAINTENANCE ROOF 2018-02-28 35,385 1,663 S/L 39.0000 908      
    BOILER ROOM ROOF 2018-02-28 31,200 1,467 S/L 39.0000 800      
    48 KINGS HWY REAR ROOF 2018-03-16 11,803 530 S/L 39.0000 302      
    STATUE AND PLANTER 2018-03-29 5,005 584 S/L 15.0000 334      
    MAINTENANCE SHOP RENO 2019-12-15 13,201 28 S/L 40.0000 330      
    FOARD UPSTAIRS CARPET 2018-05-09 2,500 595 S/L 7.0000 357      
    2017 HONDA ODYSSEY 2019-12-04 22,793 190 S/L 10.0000 2,279      
    FOARD COTTAGE - SOFFIT 2020-05-15 20,574   S/L 40.0000 343      
    CONCRETE - MAINTENANCE 2019-05-01 49,648 827 S/L 40.0000 1,242      
    CARPET EHINGER HALL 2019-03-19 2,950 221 S/L 10.0000 295      
    BRADFORD PAINTING 2019-07-24 8,500 354 S/L 10.0000 850      
    OVERHEAD DOOR 2019-06-26 1,703 85 S/L 10.0000 170      
    FOARD EXT PAINTING 2019-08-07 8,150 340 S/L 10.0000 815      
    FLORENCE EXT PAINTING 2019-12-18 7,200   S/L 10.0000 720      
    MAINTENANCE BUILDING INSULATION 2019-12-04 5,750 12 S/L 40.0000 144      
    BTU HEAT PUMP MAINTENANCE BUILDING 2019-11-18 8,250 17 S/L 40.0000 206      
    WINDOWS MAINTENANCE BUILDING 2019-05-22 21,078 307 S/L 40.0000 527      
    ELECTRICAL WORK MAINTENANCE BUILDING 2019-10-25 11,550 48 S/L 40.0000 289      
    BOILER ROOM CHIMNEY PAINTING 2019-11-26 2,775 6 S/L 40.0000 69      
    MAINTENANCE - AIR FLOW PUMP 2019-12-04 1,300 3 S/L 40.0000 38      
    2020 HONDA ODESSY 2019-12-11 33,499 279 S/L 10.0000 3,350      
    FRIDGE 2019-03-27 1,330 100 S/L 10.0000 133      
    MAINTENANCE BUILDING - MAKE IT NEW CONSTRUCT 2019-10-25 4,200 18 S/L 40.0000 105      
    WALLS MAINTENANCE BUILDING 2019-09-10 9,100 76 S/L 40.0000 227      
    SECURITY CAMERAS 2019-03-19 4,033 302 S/L 10.0000 404      
    PAVING FOARD DRIVEWAY 2019-05-22 6,000 175 S/L 20.0000 300      
    FREEZER - ADMIN BUILDING 2020-05-04 2,299   S/L 7.0000 219      
    IM C3000, 30PPM COLOR COPIER 2020-08-01 10,178   S/L 10.0000 424      
    FRIDGE FLORENCE 2020-06-12 1,320   S/L 7.0000 110      
    CAMERAS - FOARD COTTAGE 2020-07-07 4,650   S/L 7.0000 332      

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MERRILL LYNCH 750,109 750,109

    TY 2020 LandEtcSchedule2
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING/EQUIP 5,479,108 2,934,104 2,545,004 4,000,000
    LAND 97,731   97,731  


    TY 2020 OtherAssetsSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DCF ENDOWMENT 26,710 29,825 29,825
    ASSETS NOT IN SERVICE 10,287    
    PAYROLL DEPOSIT   49,953 49,953


    TY 2020 OtherExpensesSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INDEPENDENT LIVING 358,943     358,943
    INSURANCE 125,931     125,931
    FOOD CLOTHING AND SUPPLIES 133,243     133,243
    RECREATION 62,449     62,449
    REPAIRS AND MAINTENANCE 58,840     58,840
    GROUNDS UPKEEP 33,219     33,219
    STAFF TRAINING 3,386     3,386
    MEDICAL 3,472     3,472
    OFFICE AND ADMIN 70,230     70,230
    OTHER REPAIRS AND MAINTENANCE 4,545     4,545
    INVESTMENT FEES 6,962 6,962    
    STAFF EXPENSES AND WORK PROGR 29,350     29,350


    TY 2020 OtherIncomeSchedule2
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    STATE OF DELAWARE 2,601,423   2,601,423


    TY 2020 OtherIncreasesSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Description Amount
    UNREALIZED GAIN 50,666


    TY 2020 TaxesSchedule
    Name:
    ELIZABETH W MURPHEY SCHOOL INC
    EIN:
    51-0064321
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES & LICENSES 1,404     1,404