SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
WOODBERRY FOREST SCHOOL
 
Employer identification number

54-0519590
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY MANAGEMENT AND PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY BOARD OF TRUSTEE MEMBERS AND KEY EMPLOYEES, AND POTENTIAL CONFLICTS ARE DISCLOSED ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15 HEADMASTER AND OFFICER COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. COMPARABLE DATA FROM INDEPENDENT SCHOOL SURVEYS ARE USED TO DETERMINE FAIR COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 990 AND 990-T ARE AVAILABLE TO THE PUBLIC ON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST.
FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENT: IN PRIOR YEARS, SOME OF THE PLEGES RECEIVED WITHOUT DONOR RESTRICTION WERE PLACE INTO RESTRITED ENDOWMENT FUNDS. WOODBERRY FOREST SCHOOL SUBSEQUENTLY MOVED THESE PLEDGES INTO UNRESTRICTED ENDOWMENT FUNDS, RESULTING IN A PRIOR PERIOD ADJUSTMENT TO THE CLASSIFICATION OF NET ASSETS FOR THE YEAR ENDED JUNE 30, 2015. THERE WAS NO CHANGE IN TOTAL BEGINNING NET ASSETS AS A RESULT OF THIS CHANGE. GOLF MEMBERSHIP REVENUE WAS PREVIOUSLY BILLED AND RECORDED AS REVENUE AND A RECEIVABLE IN THE YEAR BEFORE THE GOLF MEMBERSHIP COVERAGE PERIOD. WOODBERRY FOREST SCHOOL SUBSEQUENTLY RECORDED GOLF MEMBERSHIP REVENUE IN THE YEAR OF THE MEMBERSHIP COVERAGE PERIOD, RESULTING A PRIOR PERIOD ADJUSTMENT TO NET ASSETS, AUXILIARY REVENUE, AND ACCOUNTS RECEIVABLE. THE BEGINNING NET ASSETS WERE REDUCED BY $150,578 AS A RESULT OF THIS CHANGE.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2015


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