POLY PREP COUNTRY DAY SCHOOL: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- POLY PREP COUNTRY DAY SCHOOL (EIN 11-1630821)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-12
- IRS object ID
- 202641329349304989
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-12T13:42:34-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 946214841 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMANINO ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 CAMINO RAMON STE 350 | AddressLine1Txt |
| City | SAN RAMON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 945835004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111630821 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POLY PREP COUNTRY DAY SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POLY | BusinessNameControlTxt |
| Phone | 7188369800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 POLY PREP DRIVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11228 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MONIQUE LOPEZ | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7188369800 | PhoneNum |
| Signature | 2026-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATTHEW PETROSKI | PreparerPersonNm |
| PTIN | P00853132 | PTIN |
| Phone | 9257902600 | PhoneNum |
| Preparation | 2026-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN RANKIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 POLY PREP DRIVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11228 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $98,125,302 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.POLYPREP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1854 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THROUGH A PROGRESSIVE LIBERAL ARTS CURRICULUM AND AN ENRICHING CO-CURRICULAR PROGRAM, THE SCHOOL EDUCATES THE WHOLE STUDENT: MIND, BODY AND, ABOVE ALL CHARACTER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 554 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,959,355 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,344,547 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $70,167,246 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $78,858,027 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,286,112 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,463,905 | CYInvestmentIncomeAmt |
| PY Other Revenue | $714,998 | PYOtherRevenueAmt |
| CY Other Revenue | $372,499 | CYOtherRevenueAmt |
| PY Total Revenue | $80,127,711 | PYTotalRevenueAmt |
| CY Total Revenue | $88,038,978 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,872,269 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,620,733 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $40,745,310 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $40,519,449 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,198,098 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,534,311 | PYOtherExpensesAmt |
| CY Other Expenses | $28,292,073 | CYOtherExpensesAmt |
| PY Total Expenses | $79,151,890 | PYTotalExpensesAmt |
| CY Total Expenses | $82,432,255 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $975,821 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,606,723 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $206,612,106 | TotalAssetsBOYAmt |
| Total Assets EOY | $209,954,395 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $99,739,968 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $97,709,042 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $106,872,138 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $112,245,353 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PREPARE AND INSPIRE THE NEXT DIVERSE GENERATION OF LEADERS AND GLOBAL CITIZENS TO ACT WITH INTELLIGENCE, IMAGINATION, AND - ABOVE ALL - CHARACTER. WE EMPHASIZE ETHICAL DECISION-MAKING, PERSONAL RESPONSIBILITY, DEDICATED EFFORT, HONESTY, AND INTEGRITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $66,820,976 | ExpenseAmt |
| Grant | $13,620,733 | GrantAmt |
| Revenue | $78,891,068 | RevenueAmt |
| Desc | POLY PREP COUNTRY DAY SCHOOL FOSTERS A TRANSFORMATIVE ACADEMIC EXPERIENCE ACROSS TWO UNIQUE BROOKLYN LOCATIONS. FROM THE INTIMATE, FOUNDATIONAL ENVIRONMENT OF OUR PARK SLOPE LOWER SCHOOL TO THE ADVANCED ACADEMIC AND EXTRACURRICULAR OPPORTUNITIES ON OUR 25-ACRE DYKER HEIGHTS CAMPUS, WE ARE COMMITTED TO PREPARING OUR 1,155 STUDENTS FOR EXCELLENCE FROM THEIR EARLIEST YEARS IN NURSERY THROUGH 12TH-GRADE. | Desc |
| Total Program Service Expenses | $66,820,976 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 126 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 554 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MONIQUE LOPEZ CFOO | PersonNm |
| Phone | 7188369800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 POLY PREP DRIVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11228 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| ANDREW FOOTE | |||||||||
| BOARD CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| LAURIE ROSENBLATT | |||||||||
| BOARD VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KAREEM RAYMOND | |||||||||
| BOARD TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER POWERS | |||||||||
| BOARD SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| INDHIRA ARRINGTON | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL CORRERA | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JENNIFER FELL | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN FOLEY | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| HANS HUMES | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JONATHAN KRASNER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL LIBURD | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| YOLONDA MARSHALL | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN MCPHETERS | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARAH PEARSALL | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELIZABETH SCHLESINGER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHANIE TAENDLER | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIELLA VITALE-HOWELL | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| MAX WILEY | |||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| LYNDA CASARELLA | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $353,668 | $0 | $37,740 | ||||
| JOHN RANKIN | |||||||||
| INTERIM HEAD OF SCHOOL | 40.00 | Yes (X) | $605,493 | $0 | $38,791 | ||||
| KEITH WIGGS | |||||||||
| SR. DIRECTOR OF ADVANCEMENT | 40.00 | $180,779 | $0 | $13,336 | Yes (X) | ||||
| FRANCIS YASHARIAN | |||||||||
| HEAD OF LOWER SCHOOL | 40.00 | $199,499 | $0 | $37,642 | Yes (X) | ||||
| MICHAL HERSHKOVITZ | |||||||||
| ASSISTANT HOS, ACADEMICS | 40.00 | $228,938 | $0 | $17,911 | Yes (X) | ||||
| MATT STELLUTO | |||||||||
| HEAD OF OPERATIONS | 40.00 | $222,129 | $0 | $16,376 | Yes (X) | ||||
| SARAH BATES | |||||||||
| HEAD OF UPPER SCHOOL | 40.00 | $187,876 | $0 | $43,040 | Yes (X) | ||||
| DAN DOUGHTY | |||||||||
| HEAD OF MIDDLE SCHOOL | 40.00 | $167,606 | $0 | $28,430 | Yes (X) | ||||
| CHARLES POLIZANO | |||||||||
| HEAD OF TECHNOLOGY | 40.00 | $185,035 | $0 | $54,272 | Yes (X) | ||||
| KRISTEN DENAVER | |||||||||
| CONTROLLER | 40.00 | $192,526 | $0 | $38,595 | Yes (X) | ||||
| CAROLYN QUIGLEY | |||||||||
| DIRECTOR OF EXTERNAL LEARNING | 40.00 | $155,876 | $0 | $52,803 | Yes (X) | ||||
| DEVON WINFIELD | |||||||||
| DIRECTOR OF HUMAN RESOURCES | 40.00 | $162,742 | $0 | $25,108 | Yes (X) | ||||
| LATASHA RICHARDS | |||||||||
| DIRECTOR OF ADMISSIONS, ENROLLMENT MANAGEMENT AND | 40.00 | $155,000 | $0 | $11,294 | Yes (X) | ||||
| AUDRIUS BARZDUKAS | |||||||||
| FORMER HEAD OF SCHOOL (THRU 06/23) | 40.00 | $1,051,987 | $0 | $34,530 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,049,154 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $449,868 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 105 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DIMINO BUS SERVICE INC | |||||
| 1040 ROCKAWAY AVENUE | BROOKLYN | NY | 11236 | BUSING | $4,256,052 |
| CATER TO YOU | |||||
| 120 BROADWAY SUITE 1020 | NEW YORK | NY | 10271 | CATERING | $2,038,048 |
| BENCHMARK BUILDERS LLC | |||||
| 469 SEVENTH AVE SUITE 501 | NEW YORK | NY | 10018 | CONSTRUCTION AND REPAIRS | $1,432,212 |
| ON-TRAC CONSTRUCTION ASSOCIATES INC | |||||
| 86-40 122ND STREET | RICHMOND HILL | NY | 11418 | CONSTRUCTION | $1,207,073 |
| CADWALADER WICKERSHAM & TAFT LLP | |||||
| 200 LIBERTY STREET | NEW YORK | NY | 10281 | LEGAL | $683,459 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 51 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $460,672 | FundraisingAmt |
| Government Grants | $607,574 | GovernmentGrantsAmt |
| All Other Contributions | $5,276,301 | AllOtherContributionsAmt |
| Noncash Contributions | $272,405 | NoncashContributionsAmt |
| Total Contributions | $6,344,547 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION INCOME | 611710 | $74,939,940 | $74,939,940 |
| AUXILIARY ACTIVITIES | 611710 | $3,184,541 | $3,184,541 |
| STUDENT FEES | 611710 | $627,960 | $627,960 |
| OTHER PROGRAM ACTIVITI | 611710 | $105,586 | $105,586 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $78,858,027 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,786,176 | TotalRevenueColumnAmt |
| Exclusion | $1,786,176 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $309,075 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $109,733 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $199,342 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $199,342 | TotalRevenueColumnAmt |
| Exclusion | $199,342 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,282,264 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,604,535 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $677,729 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $677,729 | TotalRevenueColumnAmt |
| Exclusion | $677,729 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $263,892 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $460,672 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $372,056 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$108,164 | TotalRevenueColumnAmt |
| Exclusion | -$108,164 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $59,815 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,815 | TotalRevenueColumnAmt |
| Exclusion | $59,815 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| LEGAL FEE REIMBURSEMEN | 900099 | $188,465 | $188,465 | |
| MISCELLANEOUS INCOME | 900099 | $33,041 | $33,041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $221,506 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $88,038,978 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $78,891,068 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,803,363 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,620,733 | TotalAmt |
| Program Services | $13,620,733 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,580,282 | TotalAmt |
| Program Services | $997,823 | ProgramServicesAmt |
| Management And General | $1,150,540 | ManagementAndGeneralAmt |
| Fundraising | $431,919 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,533 | TotalAmt |
| Management And General | $282,473 | ManagementAndGeneralAmt |
| Fundraising | $121,060 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,667,118 | TotalAmt |
| Program Services | $22,010,618 | ProgramServicesAmt |
| Management And General | $5,998,682 | ManagementAndGeneralAmt |
| Fundraising | $657,818 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,682,318 | TotalAmt |
| Program Services | $1,235,400 | ProgramServicesAmt |
| Management And General | $389,180 | ManagementAndGeneralAmt |
| Fundraising | $57,738 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,926,848 | TotalAmt |
| Program Services | $3,585,726 | ProgramServicesAmt |
| Management And General | $1,139,374 | ManagementAndGeneralAmt |
| Fundraising | $201,748 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,259,350 | TotalAmt |
| Program Services | $1,605,720 | ProgramServicesAmt |
| Management And General | $555,122 | ManagementAndGeneralAmt |
| Fundraising | $98,508 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,082,076 | TotalAmt |
| Program Services | $416,415 | ProgramServicesAmt |
| Management And General | $1,665,661 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,309 | TotalAmt |
| Management And General | $127,309 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,241 | TotalAmt |
| Management And General | $104,241 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $940,469 | TotalAmt |
| Program Services | $182,355 | ProgramServicesAmt |
| Management And General | $602,114 | ManagementAndGeneralAmt |
| Fundraising | $156,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $965,191 | TotalAmt |
| Program Services | $726,192 | ProgramServicesAmt |
| Management And General | $116,065 | ManagementAndGeneralAmt |
| Fundraising | $122,934 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $724,144 | TotalAmt |
| Program Services | $658,971 | ProgramServicesAmt |
| Management And General | $65,173 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,139,836 | TotalAmt |
| Program Services | $1,925,853 | ProgramServicesAmt |
| Management And General | $192,585 | ManagementAndGeneralAmt |
| Fundraising | $21,398 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,183 | TotalAmt |
| Program Services | $354,990 | ProgramServicesAmt |
| Management And General | $62,645 | ManagementAndGeneralAmt |
| Fundraising | $41,548 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $673,766 | TotalAmt |
| Program Services | $606,389 | ProgramServicesAmt |
| Management And General | $60,639 | ManagementAndGeneralAmt |
| Fundraising | $6,738 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,660,715 | TotalAmt |
| Program Services | $5,094,644 | ProgramServicesAmt |
| Management And General | $509,464 | ManagementAndGeneralAmt |
| Fundraising | $56,607 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $834,288 | TotalAmt |
| Program Services | $750,859 | ProgramServicesAmt |
| Management And General | $75,086 | ManagementAndGeneralAmt |
| Fundraising | $8,343 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT PROGRAMS | $4,660,806 | $4,660,806 | ||
| BUSING | $4,108,296 | $4,108,296 | ||
| FOOD SERVICE | $2,929,791 | $2,655,324 | $139,754 | $134,713 |
| REPAIRS AND MAINTENANCE | $1,695,481 | $1,525,934 | $152,592 | $16,955 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,481 | TotalAmt |
| Program Services | $97,928 | ProgramServicesAmt |
| Management And General | $24,482 | ManagementAndGeneralAmt |
| Fundraising | $64,071 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,432,255 | TotalAmt |
| Program Services | $66,820,976 | ProgramServicesAmt |
| Management And General | $13,413,181 | ManagementAndGeneralAmt |
| Fundraising | $2,198,098 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,760,417 | BOYAmt |
| EOY | $21,266,259 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,882,700 | BOYAmt |
| EOY | $13,447,551 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,852,028 | BOYAmt |
| EOY | $2,169,499 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,771,575 | BOYAmt |
| EOY | $39,767,678 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $475,362 | BOYAmt |
| EOY | $666,058 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $152,467,110 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $59,070,697 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,050,842 | BOYAmt |
| EOY | $93,396,413 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,564,880 | BOYAmt |
| EOY | $27,460,794 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,254,302 | BOYAmt |
| EOY | $11,780,143 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,612,106 | BOYAmt |
| EOY | $209,954,395 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,119,321 | BOYAmt |
| EOY | $4,349,981 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,427,895 | BOYAmt |
| EOY | $66,499,921 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,692,752 | BOYAmt |
| EOY | $24,496,640 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,500,000 | BOYAmt |
| EOY | $2,362,500 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,739,968 | BOYAmt |
| EOY | $97,709,042 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,419,839 | BOYAmt |
| EOY | $80,574,902 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,452,299 | BOYAmt |
| EOY | $31,670,451 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,872,138 | BOYAmt |
| EOY | $112,245,353 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,612,106 | BOYAmt |
| EOY | $209,954,395 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,606,723 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,946,492 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$4,180,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,468,853 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,729,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,949,364 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,959,355 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,344,547 | CurrentTaxYearAmt |
| Total | $43,451,565 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,468,853 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,729,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,949,364 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,959,355 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,344,547 | CurrentTaxYearAmt |
| Total | $43,451,565 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,798,827 | SubstantialContributorsTotAmt |
| Public Support Total170 | $38,652,738 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $531,667 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $638,352 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,049,459 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,883,619 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,095,251 | CurrentTaxYearAmt |
| Total | $6,198,348 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $148,909 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $209,956 | CurrentTaxYearMinus1YearAmt |
| Total | $358,865 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $223,533 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $207,193 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $37,298 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $680,173 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $281,320 | CurrentTaxYearAmt |
| Total | $1,429,517 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $51,438,295 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $336,184,939 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75140 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75960 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,056,911 | BeginningYearBalanceAmt |
| Contributions | $975,707 | ContributionsAmt |
| Investment Earnings Or Losses | $5,310,140 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,000,000 | OtherExpendituresAmt |
| End Year Balance | $41,342,758 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,071,047 | BeginningYearBalanceAmt |
| Contributions | $145,775 | ContributionsAmt |
| Investment Earnings Or Losses | $4,340,089 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,500,000 | OtherExpendituresAmt |
| End Year Balance | $36,056,911 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,425,828 | BeginningYearBalanceAmt |
| Contributions | $307,858 | ContributionsAmt |
| Investment Earnings Or Losses | $2,337,361 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,000,000 | OtherExpendituresAmt |
| End Year Balance | $33,071,047 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,885,261 | BeginningYearBalanceAmt |
| Contributions | $166,225 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,875,658 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $750,000 | OtherExpendituresAmt |
| End Year Balance | $32,425,828 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,960,006 | BeginningYearBalanceAmt |
| Contributions | $55,600 | ContributionsAmt |
| Investment Earnings Or Losses | $3,872,295 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,002,640 | OtherExpendituresAmt |
| End Year Balance | $35,885,261 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.35710 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.41940 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.22350 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,453,745 | OtherCostOrOtherBasisAmt |
| Book Value | $10,453,745 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $127,750,799 | OtherCostOrOtherBasisAmt |
| Depreciation | $55,810,357 | DepreciationAmt |
| Book Value | $71,940,442 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,262,566 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,260,340 | DepreciationAmt |
| Book Value | $11,002,226 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $93,396,413 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CORPORATE BONDS | $6,952,983 | F |
| HEDGE FUND | $3,823,538 | F |
| REAL ESTATE FUND | $1,003,622 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $11,780,143 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXTRAORDINARY NON-OPERATING LIABILITY | Desc |
| Amt | $2,362,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,362,500 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $77,984,914 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,946,492 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $481,788 | OtherRevenueAmt |
| Revenue Not Reported | $4,428,280 | RevenueNotReportedAmt |
| Revenue Subtotal | $73,556,634 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $104,241 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $14,378,103 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $14,482,344 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $88,038,978 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $72,611,699 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,206,788 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,206,788 | ExpensesNotReportedAmt |
| Expenses Subtotal | $68,404,911 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $104,241 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $13,923,103 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $14,027,344 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $82,432,255 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, CONSISTING OF THE BOARD DESIGNATED AND DONOR RESTRICTED FUNDS. THE PURPOSES OF ALL OF THESE FUNDS INCLUDE SCHOLARSHIPS, FACULTY SUPPORT, AS WELL AS FACILITY MAINTENANCE. |
| PART X, LINE 2: | THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE ("IRC") AND FROM STATE AND LOCAL INCOME TAXES UNDER COMPARABLE LAWS. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2025. THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENT EXPENSE 109,733. SPECIAL EVENT EXPENSE 372,055. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND TUITION REMISSION 13,923,103. LOSS ON UNCOLLECTABLE PLEDGES 455,000. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENT EXPENSE 109,733. EXTRAORDINARY NON-OPERATING EXPENSE 3,725,000. SPECIAL EVENT EXPENSE 372,055. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND TUITION REMISSION 13,923,103. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL'S POLICY IS ADEQUATELY DESCRIBED IN VARIOUS PUBLICATIONS DISTRIBUTED BY THE SCHOOL AND AVAILABLE TO THE GENERAL PUBLIC. THERE IS ALSO A LINK OF THE NONDISCRIMINATORY POLICY ON THE ORGANIZATION'S WEBSITE HOMEPAGE. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVED FINANCIAL ASSISTANCE FROM THE NEW YORK STATE EDUCATION DEPARTMENT. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $724,564 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $460,672 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $263,892 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $91,444 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $207,852 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $18,833 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $53,927 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $724,564 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $460,672 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $263,892 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $91,444 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $207,852 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $18,833 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $53,927 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $372,056 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$108,164 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| FINANCIAL AID | 245 | $13,185,134 | FMV | DIRECT CREDIT TO STUDENT ACCOUNT |
| OTHER ASSISTANCE TO STUDENTS - SPRING & INTERNATIONAL TRIPS, ENRICHMENT, SUMMER ENRICHMENT | 250 | $435,599 | FMV | DIRECT CREDIT TO STUDENT ACCOUNT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FAMILIES SEEKING FINANCIAL AID, IN ORDER TO DEFRAY THE COSTS OF TUITION, PROVIDED CERTAIN PERSONAL FINANCIAL DATA TO AN INDEPENDENT REVIEW ORGANIZATION. BASED ON THESE RESULTS, THE SCHOOL'S OFFICE OF FINANCIAL AID AWARDS SCHOLARSHIPS TO APPLICANTS WHO QUALIFY UNDER THE GUIDELINES ESTABLISHED BY THE TRUSTEES OF THE SCHOOL IN THE FORM OF NONCASH REDUCTIONS IN THE APPLICANTS' ANNUAL TUITION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AUDRIUS BARZDUKAS | ||||||||||||||
| FORMER HEAD OF SCHOOL (THRU 06/23) | $776,987 | $0 | $0 | $0 | $275,000 | $0 | $13,913 | $0 | $20,617 | $0 | $1,086,517 | $0 | $0 | $0 |
| JOHN RANKIN | ||||||||||||||
| INTERIM HEAD OF SCHOOL | $505,493 | $0 | $100,000 | $0 | $0 | $0 | $26,563 | $0 | $12,228 | $0 | $644,284 | $0 | $0 | $0 |
| LYNDA CASARELLA | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $335,668 | $0 | $18,000 | $0 | $0 | $0 | $24,484 | $0 | $12,456 | $800 | $390,608 | $800 | $0 | $0 |
| MICHAL HERSHKOVITZ | ||||||||||||||
| ASSISTANT HOS, ACADEMICS | $228,938 | $0 | $0 | $0 | $0 | $0 | $17,846 | $0 | $65 | $0 | $246,849 | $0 | $0 | $0 |
| CHARLES POLIZANO | ||||||||||||||
| HEAD OF TECHNOLOGY | $175,035 | $0 | $10,000 | $0 | $0 | $0 | $14,815 | $0 | $37,857 | $1,600 | $237,707 | $1,600 | $0 | $0 |
| MATT STELLUTO | ||||||||||||||
| HEAD OF OPERATIONS | $222,129 | $0 | $0 | $0 | $0 | $0 | $16,311 | $0 | $65 | $0 | $238,505 | $0 | $0 | $0 |
| FRANCIS YASHARIAN | ||||||||||||||
| HEAD OF LOWER SCHOOL | $199,499 | $0 | $0 | $0 | $0 | $0 | $15,666 | $0 | $21,976 | $0 | $237,141 | $0 | $0 | $0 |
| KRISTEN DENAVER | ||||||||||||||
| CONTROLLER | $182,526 | $0 | $10,000 | $0 | $0 | $0 | $15,246 | $0 | $21,749 | $1,600 | $229,521 | $1,600 | $0 | $0 |
| SARAH BATES | ||||||||||||||
| HEAD OF UPPER SCHOOL | $187,876 | $0 | $0 | $0 | $0 | $0 | $15,354 | $0 | $26,086 | $1,600 | $229,316 | $1,600 | $0 | $0 |
| CAROLYN QUIGLEY | ||||||||||||||
| DIRECTOR OF EXTERNAL LEARNING | $155,876 | $0 | $0 | $0 | $0 | $0 | $13,346 | $0 | $37,857 | $1,600 | $207,079 | $1,600 | $0 | $0 |
| DAN DOUGHTY | ||||||||||||||
| HEAD OF MIDDLE SCHOOL | $167,606 | $0 | $0 | $0 | $0 | $0 | $12,988 | $0 | $14,642 | $800 | $195,236 | $800 | $0 | $0 |
| KEITH WIGGS | ||||||||||||||
| SR. DIRECTOR OF ADVANCEMENT | $180,779 | $0 | $0 | $0 | $0 | $0 | $13,271 | $0 | $65 | $0 | $194,115 | $0 | $0 | $0 |
| DEVON WINFIELD | ||||||||||||||
| DIRECTOR OF HUMAN RESOURCES | $162,742 | $0 | $0 | $0 | $0 | $0 | $12,522 | $0 | $12,586 | $0 | $187,850 | $0 | $0 | $0 |
| LATASHA RICHARDS | ||||||||||||||
| DIRECTOR OF ADMISSIONS, ENROLLMENT M | $155,000 | $0 | $0 | $0 | $0 | $0 | $11,229 | $0 | $65 | $0 | $166,294 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINES 4A-B | IN CALENDAR YEAR 2024, AUDRIUS BARZDUKAS, HEAD OF SCHOOL RECEIVED A SEVERANCE PAYMENT OF $275,000. THE SCHOOL MAINTAINS A 457(F) PLAN FOR THE HEAD OF SCHOOL. THERE WERE NO CONTRIBUTIONS MADE TO THE PLAN DURING THE YEAR. THERE WERE NO DISTRIBUTIONS IN CALENDAR YEAR 2024. |
| PART I, LINE 7 | DISCRETIONARY BONUSES WERE DETERMINED BY THE BOARD FOR HEAD OF SCHOOL AND BY THE HEAD OF SCHOOL FOR OTHER EMPLOYEES. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $128,775 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SPECIAL EVENT GIFTS AND EVENT TICKETS | Desc |
| Contribution | 42 | ContributionCnt |
| Noncash Contributions Rpt F990 | $143,630 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. |
| PART I, LINE 32B: | THE SCHOOL WILL HIRE A THIRD PARTY TO SELL DONATED BOOKS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE SCHOOL'S DRAFT 990 IS REVIEWED BY A COMMITTEE OF THE BOARD BEFORE FILING. THE BOARD RECEIVES A PUBLIC DISCLOSURE COPY OF THE RETURN BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO COMPLETE A FORMAL CONFLICT-OF-INTEREST FORM/QUESTIONNAIRE. THIS IS DONE AT EACH YEAR'S FIRST BOARD MEETING AND MONITORED TO ASSURE COMPLIANCE. EACH TRUSTEE, OFFICER AND KEY PERSON OF THE SCHOOL SHALL PROMPTLY DISCLOSE ANY DIRECT OR INDIRECT FINANCIAL OR ANY OTHER INTEREST IN ANY PROPOSED OR EXISTING ARRANGEMENT WITH THE SCHOOL PRIOR TO THE START OF ANY NEGOTIATIONS WITH RESPECT TO SUCH MATTER. A DIRECT OR INDIRECT FINANCIAL INTEREST OR ANY OTHER INTEREST REQUIRED TO BE DISCLOSED UNDER THIS POLICY SHALL BE DISCLOSED IN WRITING TO THE CHAIRPERSON OF THE BOARD; SUCH DISCLOSURE SHALL INCLUDE ALL MATERIAL FACTS AND SUPPLY ANY REASON WHY THE ARRANGEMENT MIGHT BE OR NOT BE IN THE BEST INTEREST OF THE SCHOOL. THE CHAIRPERSON OF THE BOARD SHALL REFER THE ISSUE TO THE FULL BOARD, THE EXECUTIVE COMMITTEE, OR OTHER BOARD COMMITTEE HAVING DECISION-MAKING AUTHORITY OVER THE SUBSTANTIVE MATTER IN QUESTION (THE "COMMITTEE"). FOR EACH INTEREST DISCLOSED, THE BOARD OR COMMITTEE WILL DETERMINE WHETHER TO: A) TAKE ANY ACTION; B) ASSURE FULL DISCLOSURE TO THE BOARD AND OTHER INDIVIDUALS COVERED BY THE POLICY, C) ASK THE PERSON TO RECUSE HIMSELF OR HERSELF FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE BOARD, OR D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION; OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE BOARD'S REMOVAL PROCEDURES. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A TRUSTEE, OFFICER OR KEY PERSON HAS FAILED TO DISCLOSE A DIRECT OR INDIRECT FINANCIAL OR ANY OTHER INTEREST SUBJECT TO THIS POLICY, IT SHALL INFORM THE TRUSTEE, OFFICER OR KEY PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE TRUSTEE, OFFICER OR KEY PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF SUCH INDIVIDUAL AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE TRUSTEE, OFFICER OR KEY PERSON HAS IN FACT FAILED TO DISCLOSE A DIRECT OR INDIRECT FINANCIAL OR OTHER MATERIAL INTEREST SUBJECT TO THIS POLICY, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPARABLE DATA IS ASCERTAINED THROUGH NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOL DATABASES AND REPORTED TO THE COMPENSATION COMMITTEE FOR REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE AT THE OFFICES OF POLY PREP COUNTY DAY SCHOOL. |
| FORM 990, PART XI, LINE 9: | LOSS ON UNCOLLECTABLE PLEDGES -455,000. EXTRAORDINARY NON-OPERATING EXPENSE -3,725,000. |
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