2025-01-21T11:05:46-06:00 2024-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 223697909 ST PETER'S ATHLETIC FOUNDATION INC STPE 2015476496 144 GRAND STREET JERSEY CITY NJ 07302 BR CHRISTOPHER DERBY SJ TREASURER 2015476496 2025-01-21 1 1 EVA MRUK P00543254 2017129800 2025-01-21 2023 2024-10-15 13:58:12Z BR CHRISTOPHER DERBY SJ 144 GRAND STREET JERSEY CITY NJ 07302 312137 0 X N/A X 1999 NJ FOR THE BETTERMENT OF THE STUDENTS AND ATHLETIC PROGRAMS OF ST. PETER'S PREPARATORY SCHOOL. 2 2 0 3 0 0 341000 312000 0 0 136 137 0 0 341136 312137 0 0 0 0 0 0 0 0 0 354208 324775 354208 324775 -13072 -12638 7246523 6941746 1008272 716133 6238251 6225613 TO PROVIDE FOR THE BETTERMENT OF THE STUDENTS AND ATHLETIC PROGRAMS OF ST. PETER'S PREPARATORY SCHOOL THROUGH ITS OWNERSHIP OF THE ATHLETIC FACILITIES OF THE SCHOOL. 0 0 311690 0 0 THE FOUNDATION PROVIDES, THROUGH ITS OWNERSHIP, AN ATHLETIC FACILITY USED FOR PRACTICE AND CERTAIN ATHLETIC EVENTS OF ST. PETER'S PREPARATORY SCHOOL. THE FACILITY IS WITHIN WALKING DISTANCE OF THE SCHOOL AND ITS USE PRECLUDES THE NEED FOR BUSING STUDENTS TO PUBLIC FIELDS. IN ADDITION TO AN OUTDOOR PRACTICE FIELD, THE ATHLETIC FACILITY INCLUDES A 16,000 SQUARE FOOT FIELD HOUSE THAT CONTAINS ATHLETIC OFFICES, TRAINING FACILITIES, AND LOCKER ROOMS FOR A VARIETY OF TEAMS. 311690 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 NJ X VIRGINIA PICCOLO 2015476496 ST PETERS PREP 144 GRAND STREET JERSEY CITY NJ 07302 X REV JAMES F KEENAN SJ PRESIDENT, THRU AUGUST 2023 1.00 X X 0 0 0 REV ROBERT E REISER SJ PRESIDENT, AS OF SEPT. 2023 1.00 X X 0 0 0 BROTHER CHRISTOPHER DERBY SJ TREASURER 1.00 X X 0 0 0 VIRGINIA PICCOLO RECORDING SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 312000 312000 137 137 312137 0 0 137 311690 311690 12902 12902 FILING FEES 183 183 324775 311690 13085 0 134350 134512 11304943 4497709 7112173 6807234 7246523 6941746 1008272 716133 1008272 716133 X 6238251 6225613 0 0 6238251 6225613 7246523 6941746 -12638 0 X X 0 1 X 0 0 X 373000 373000 363000 341000 312000 1762000 373000 373000 363000 341000 312000 1762000 1762000 651 677 326 136 137 1927 1763927 0.99890 0.99890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1712504 1712504 6100527 1192605 4907922 744660 665634 79026 2747252 2639470 107782 6807234 DUE TO ST. PETER'S PREPARATORY SCHOOL 716133 716133 X PART X, LINE 2: THE ORGANIZATION IS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS WITH ST. PETER'S PREPARATORY SCHOOL. THE TEXT OF THE FOOTNOTE THAT REPORTS THE LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FASB ASC 740 IS AS FOLLOWS: THE SCHOOL RECOGNIZED THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED ITS MANAGEMENT AND ADMINISTRATIVE DUTIES TO AN AFFILIATED ORGANIZATION, ST. PETER'S PREPARATORY SCHOOL. THESE SERVICES WERE PROVIDED AT NO COST TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF ITS GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE COMPLETED RETURN IS THEN PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR THEIR REVIEW, COMMENT, AND APPROVAL, PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD AND AFFIRMS THAT THE DIRECTOR: 1. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST STATEMENT, 2. HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST STATEMENT, 3. AND HAS AGREED TO COMPLY WITH THE PROVISIONS OF THE CONFLICT OF INTEREST STATEMENT. EACH DIRECTOR REPORTS IN WRITING TO THE PRESIDENT ANY SITUATION WHERE THE DIRECTOR, A PARTY RELATED TO THE DIRECTOR, THE EMPLOYER OF THE DIRECTOR OR A THIRD-PARTY TO WHOM THE DIRECTOR MAY HAVE A LEGAL DUTY, CONDUCTS OR EXPECTS TO CONDUCT ANY MATERIAL BUSINESS TRANSACTION WITH THE ATHLETIC FOUNDATION OR BE INVOLVED IN ANY ACTIVITY WHICH MAY CONFLICT OR APPEAR TO CONFLICT IN A MATERIAL WAY WITH THE INTEREST OF THE ATHLETIC FOUNDATION. ANY DIRECTOR WHO IS UNSURE WHETHER A CONFLICT OF INTEREST EXISTS, RAISES THE ISSUE WITH THE PRESIDENT OF THE BOARD WHO, WHERE APPROPRIATE, WILL PROPOSE A MANNER OF RESOLUTION OF THE ISSUE. NO DIRECTOR HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE ATHLETIC FOUNDATION OR APPEARING SO TO CONFLICT TAKES PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING WHICH THE CONFLICT ARISES NOR SEEKS TO INFLUENCE THE OTHER DIRECTORS ON THAT QUESTION. THE MINUTES OF THE MEETING IN WHICH THAT QUESTION WAS BEFORE THE BOARD DISCLOSES THAT THE DIRECTOR ADVISED THE PRESIDENT THAT HE/SHE HAS A CONFLICT OF INTEREST, AND HIS/HER ABSTENTION FROM PARTICIPATION ON THE DELIBERATIONS AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. ADDITIONALLY THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 13: THE ORGANIZATION DOES NOT HAVE A WHISTLEBLOWER POLICY; HOWEVER, IT FOLLOWS THE WHISTLEBLOWER POLICY OF ITS AFFILIATE, ST. PETER'S PREPARATORY SCHOOL. FORM 990, PART VI, SECTION B, LINE 14: THE ORGANIZATION DOES NOT HAVE A DOCUMENT RETENTION AND DESTRUCTION POLICY; HOWEVER, IT FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF ITS AFFILIATE, ST. PETER'S PREPARATORY SCHOOL.