CORAL BAY SCHOOL INC CORAL BAY SCHOOL

Address
PO BOX 1657
ST JOHN, VI 00831-1657
Contact
Phone: +1 (340) 776-1730
Nonprofit
NTEE: B25 - Secondary, High School
EIN: 66-0567902

Mission

To provide a quality education to the students of our school.
 20152014201320122011
Basic features of the organization
Year of formation1999
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel  $0.00  
Number of employees  36  
Number of people compensated >$100k  0  
Personnel
Barry, Michael
Title  Trustee  
Name of key/compensated person  Michael Barry  
Position of compensated person
Current individual trustee or director  True  
Current officer  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Courlas, Jan
Title  Secretary  
Name of key/compensated person  Jan Courlas  
Position of compensated person
Current individual trustee or director  True  
Current officer  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Edward, Gregory
Title  Trustee  
Name of key/compensated person  Gregory Edward  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Furneaux, Carol
Title  Trustee  
Name of key/compensated person  Carol Furneaux  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Milne, A
Title  Trustee  
Name of key/compensated person  A Michael Milne  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Morton, Adonis
Title  Trustee  
Name of key/compensated person  Adonis Morton  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Palmenteri, Joe
Title  Trustee  
Name of key/compensated person  Joe Palmenteri  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Robes, Dana
Title  Treasurer  
Name of key/compensated person  Dana Robes  
Position of compensated person
Current individual trustee or director  True  
Current officer  True  
Average hours per week working for org  5.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Rutnik, Andrew
Title  Trustee  
Name of key/compensated person  Andrew Rutnik  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Snyder, Rob
Title  Trustee  
Name of key/compensated person  Rob Snyder  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Stair, Miles
Title  Chairman  
Name of key/compensated person  Miles Stair  
Position of compensated person
Current individual trustee or director  True  
Current officer  True  
Average hours per week working for org  5.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Thurman, Karen
Title  Trustee  
Name of key/compensated person  Karen Thurman  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Trayser, Fred
Title  Vice President  
Name of key/compensated person  Fred Trayser  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Vargo, Ronald
Title  Trustee  
Name of key/compensated person  Ronald Vargo  
Average hours per week working for org  0.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Average hours per week working for related orgs  0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activities  To provide a quality education to the students of our school.  
Program service expenses, total  $2,738,395.00  
Programs, including revenue & expenses
Approximately 200 students received an elementary or secondary school education
Program expenses  $2,738,395.00  
Program revenue  $1,842,726.00  
Program description  Approximately 200 students received an elementary or secondary school education  
Financial data
Revenue
Total revenue  $4,132,743.00  
Revenue from contributions (total)$2,233,324.00$2,444,518.00$2,135,754.00$2,234,361.00$2,698,333.00
Revenue from noncash contributions  $24,117.00  
Investment income, current yr  $2,524.00  
Total revenue from grants, etc., current yr  $2,135,754.00  
Total unrelated business revenue  $0.00  
Other revenue, current yr  $151,739.00  
Program service revenue (total)$1,057,139.00$989,331.00$1,842,726.00$869,538.00$877,792.00
Gross receipts  $4,198,211.00  
Sources of contributions
Revenue from gov't grants  $86,126.00  
Revenue from all other contributions  $2,049,628.00  
Other types of revenue
Royalties (total)  $0.00  
Miscellaneous revenue (total)  $0.00  
Net revenue from gaming (total)  $0.00  
Income from dividends, interest, and similar investments  $2,524.00  
Net rental income$9,827.00$3,885.00$12,800.00$0.00$5,800.00
Net income from fundraising events  $138,939.00  
Net inventory sales (total)  $0.00  
Expense categories (totals)
Total functional expenses: sum of all  $3,977,431.00  
Total functional expenses: program service   $2,738,395.00  
Total functional expenses: management and general  $1,239,036.00  
Total functional expenses: fundraising  $0.00  
Fees for services
Lobbying fees (total)  $0.00  
Legal fees (total)  $0.00  
Fundraising service fees (total)  $0.00  
General management fees (total)  $0.00  
Investment management fees (total)  $0.00  
Assets and liabilities
Total assets$5,683,667.00$5,810,497.00$4,965,892.00$5,085,948.00$4,282,858.00
Total assets, beginning of year  $5,085,948.00  
Total liabilities$2,403,458.00$2,285,787.00$2,271,862.00$2,517,579.00$2,724,037.00
Total liabilities, beginning of year  $2,517,579.00  
Pledges & accounts receivable, net  $0.00  
Loans & receivables from key persons  $0.00  
Unrestricted net assets, end of yr  $2,694,030.00  
Net assets  $2,694,030.00  
Net assets, beginning of year  $2,568,369.00  
Other liabilities  $1,317,465.00  
Intangible assets  $0.00  
Other assets  $2,676.00  
Investments: other securities  $0.00  
Investments: publicly traded securities  $0.00  
Cash: non-interest bearing  $494,028.00  
Cash: non-interest bearing, beginning of year  $572,284.00  
Investments -- program-related  $0.00  
Loans and other payables to key persons  $579,200.00  
Inventories for sale or use  $0.00  
Other financial variables
Revenue less expenses  $155,312.00  
Advertising (total)  $0.00  
Savings & temp cash investment  $0.00  
Accounts receivable, net  $66,097.00  
Prepaid expenses & deferred charges  $3,500.00  
Accounts payable & accrued expenses  $58,249.00  
Deferred revenue  $8,000.00  
Secured mortgages and notes payable  $308,948.00  
Total net assets or fund balances  $2,694,030.00  
Depreciation, depletion, amortization  $201,931.00  
Payment to affiliates  $0.00  
Governance and accountability
Number of voting members  13  
Number of independent voting members  13  
Accrual accounting  True  
Tax year start date  2012-07-01  
Tax year end date2015-06-012014-06-012013-06-012012-06-012011-06-01
Indicators for schedules (selected)
Outstanding loan to key person or disqualified person  True  
Metadata about the filing
E-return type: 990, 990EZ, or 990PF  990  
Date e-filing submitted  2014-01-31  
IRS schema version  2012v2.0  
Filing identifier  201303589349300105  
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