2026-05-12T13:42:34-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-07-01 111630821 POLY PREP COUNTRY DAY SCHOOL POLY 7188369800 1 POLY PREP DRIVE BROOKLYN NY 11228 MONIQUE LOPEZ CFO 7188369800 2026-05-12 1 1 MATTHEW PETROSKI P00853132 9257902600 2026-05-12 2024 2025-03-06 01:10:19Z JOHN RANKIN 1 POLY PREP DRIVE BROOKLYN NY 11228 98125302 0 X WWW.POLYPREP.ORG X 1854 NY THROUGH A PROGRESSIVE LIBERAL ARTS CURRICULUM AND AN ENRICHING CO-CURRICULAR PROGRAM, THE SCHOOL EDUCATES THE WHOLE STUDENT: MIND, BODY AND, ABOVE ALL CHARACTER. 18 18 554 100 0 0 6959355 6344547 70167246 78858027 2286112 2463905 714998 372499 80127711 88038978 11872269 13620733 0 0 40745310 40519449 0 0 2198098 26534311 28292073 79151890 82432255 975821 5606723 206612106 209954395 99739968 97709042 106872138 112245353 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. 0 0 66820976 13620733 78891068 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. 66820976 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 126 0 1 554 1 0 0 0 0 0 0 0 0 0 0 1 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MONIQUE LOPEZ CFOO 7188369800 1 POLY PREP DRIVE BROOKLYN NY 11228 ANDREW FOOTE BOARD CHAIR 2.00 X X 0 0 0 LAURIE ROSENBLATT BOARD VICE CHAIR 2.00 X X 0 0 0 KAREEM RAYMOND BOARD TREASURER 2.00 X X 0 0 0 JENNIFER POWERS BOARD SECRETARY 2.00 X X 0 0 0 INDHIRA ARRINGTON TRUSTEE 2.00 X 0 0 0 MICHAEL CORRERA TRUSTEE 2.00 X 0 0 0 JENNIFER FELL TRUSTEE 2.00 X 0 0 0 JOHN FOLEY TRUSTEE 2.00 X 0 0 0 HANS HUMES TRUSTEE 2.00 X 0 0 0 JONATHAN KRASNER TRUSTEE 2.00 X 0 0 0 MICHAEL LIBURD TRUSTEE 2.00 X 0 0 0 YOLONDA MARSHALL TRUSTEE 2.00 X 0 0 0 JOHN MCPHETERS TRUSTEE 2.00 X 0 0 0 SARAH PEARSALL TRUSTEE 2.00 X 0 0 0 ELIZABETH SCHLESINGER TRUSTEE 2.00 X 0 0 0 STEPHANIE TAENDLER TRUSTEE 2.00 X 0 0 0 DANIELLA VITALE-HOWELL TRUSTEE 2.00 X 0 0 0 MAX WILEY TRUSTEE 2.00 X 0 0 0 LYNDA CASARELLA CHIEF FINANCIAL OFFICER 40.00 X 353668 0 37740 JOHN RANKIN INTERIM HEAD OF SCHOOL 40.00 X 605493 0 38791 KEITH WIGGS SR. DIRECTOR OF ADVANCEMENT 40.00 X 180779 0 13336 FRANCIS YASHARIAN HEAD OF LOWER SCHOOL 40.00 X 199499 0 37642 MICHAL HERSHKOVITZ ASSISTANT HOS, ACADEMICS 40.00 X 228938 0 17911 MATT STELLUTO HEAD OF OPERATIONS 40.00 X 222129 0 16376 SARAH BATES HEAD OF UPPER SCHOOL 40.00 X 187876 0 43040 DAN DOUGHTY HEAD OF MIDDLE SCHOOL 40.00 X 167606 0 28430 CHARLES POLIZANO HEAD OF TECHNOLOGY 40.00 X 185035 0 54272 KRISTEN DENAVER CONTROLLER 40.00 X 192526 0 38595 CAROLYN QUIGLEY DIRECTOR OF EXTERNAL LEARNING 40.00 X 155876 0 52803 DEVON WINFIELD DIRECTOR OF HUMAN RESOURCES 40.00 X 162742 0 25108 LATASHA RICHARDS DIRECTOR OF ADMISSIONS, ENROLLMENT MANAGEMENT AND 40.00 X 155000 0 11294 AUDRIUS BARZDUKAS FORMER HEAD OF SCHOOL (THRU 06/23) 40.00 X 1051987 0 34530 4049154 0 449868 105 1 1 0 DIMINO BUS SERVICE INC 1040 ROCKAWAY AVENUE BROOKLYN NY 11236 BUSING 4256052 CATER TO YOU 120 BROADWAY SUITE 1020 NEW YORK NY 10271 CATERING 2038048 BENCHMARK BUILDERS LLC 469 SEVENTH AVE SUITE 501 NEW YORK NY 10018 CONSTRUCTION AND REPAIRS 1432212 ON-TRAC CONSTRUCTION ASSOCIATES INC 86-40 122ND STREET RICHMOND HILL NY 11418 CONSTRUCTION 1207073 CADWALADER WICKERSHAM & TAFT LLP 200 LIBERTY STREET NEW YORK NY 10281 LEGAL 683459 51 460672 607574 5276301 272405 6344547 TUITION INCOME 611710 74939940 74939940 AUXILIARY ACTIVITIES 611710 3184541 3184541 STUDENT FEES 611710 627960 627960 OTHER PROGRAM ACTIVITI 611710 105586 105586 78858027 1786176 1786176 309075 109733 199342 199342 199342 10282264 9604535 677729 677729 677729 263892 460672 372056 -108164 -108164 59815 0 59815 59815 LEGAL FEE REIMBURSEMEN 900099 188465 188465 MISCELLANEOUS INCOME 900099 33041 33041 221506 88038978 78891068 0 2803363 13620733 13620733 2580282 997823 1150540 431919 403533 282473 121060 28667118 22010618 5998682 657818 1682318 1235400 389180 57738 4926848 3585726 1139374 201748 2259350 1605720 555122 98508 2082076 416415 1665661 127309 127309 104241 104241 940469 182355 602114 156000 965191 726192 116065 122934 724144 658971 65173 2139836 1925853 192585 21398 459183 354990 62645 41548 673766 606389 60639 6738 5660715 5094644 509464 56607 834288 750859 75086 8343 STUDENT PROGRAMS 4660806 4660806 BUSING 4108296 4108296 FOOD SERVICE 2929791 2655324 139754 134713 REPAIRS AND MAINTENANCE 1695481 1525934 152592 16955 186481 97928 24482 64071 82432255 66820976 13413181 2198098 21760417 21266259 12882700 13447551 3852028 2169499 39771575 39767678 475362 666058 152467110 59070697 93050842 93396413 23564880 27460794 11254302 11780143 206612106 209954395 5119321 4349981 64427895 66499921 25692752 24496640 4500000 2362500 99739968 97709042 X 76419839 80574902 30452299 31670451 106872138 112245353 206612106 209954395 X 5606723 3946492 -4180000 X 0 1 X 1 0 X 11468853 11729446 6949364 6959355 6344547 43451565 11468853 11729446 6949364 6959355 6344547 43451565 4798827 38652738 531667 638352 1049459 1883619 2095251 6198348 148909 209956 358865 223533 207193 37298 680173 281320 1429517 51438295 336184939 0.75140 0.75960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36056911 975707 5310140 1000000 41342758 33071047 145775 4340089 1500000 36056911 32425828 307858 2337361 2000000 33071047 35885261 166225 -2875658 750000 32425828 33960006 55600 3872295 2002640 35885261 0.35710 0.41940 0.22350 0 0 10453745 10453745 127750799 55810357 71940442 14262566 3260340 11002226 93396413 CORPORATE BONDS 6952983 F HEDGE FUND 3823538 F REAL ESTATE FUND 1003622 F 11780143 EXTRAORDINARY NON-OPERATING LIABILITY 2362500 2362500 X 77984914 3946492 481788 4428280 73556634 104241 14378103 14482344 88038978 72611699 4206788 4206788 68404911 104241 13923103 14027344 82432255 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. GALA 724564 460672 263892 91444 207852 18833 53927 724564 460672 263892 91444 207852 18833 53927 372056 -108164 1 FINANCIAL AID 245 13185134 FMV DIRECT CREDIT TO STUDENT ACCOUNT OTHER ASSISTANCE TO STUDENTS - SPRING & INTERNATIONAL TRIPS, ENRICHMENT, SUMMER ENRICHMENT 250 435599 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: 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. 1 X X X X X X 1 1 0 0 0 0 0 1 0 AUDRIUS BARZDUKAS FORMER HEAD OF SCHOOL (THRU 06/23) 776987 0 0 0 275000 0 13913 0 20617 0 1086517 0 0 0 JOHN RANKIN INTERIM HEAD OF SCHOOL 505493 0 100000 0 0 0 26563 0 12228 0 644284 0 0 0 LYNDA CASARELLA CHIEF FINANCIAL OFFICER 335668 0 18000 0 0 0 24484 0 12456 800 390608 800 0 0 MICHAL HERSHKOVITZ ASSISTANT HOS, ACADEMICS 228938 0 0 0 0 0 17846 0 65 0 246849 0 0 0 CHARLES POLIZANO HEAD OF TECHNOLOGY 175035 0 10000 0 0 0 14815 0 37857 1600 237707 1600 0 0 MATT STELLUTO HEAD OF OPERATIONS 222129 0 0 0 0 0 16311 0 65 0 238505 0 0 0 FRANCIS YASHARIAN HEAD OF LOWER SCHOOL 199499 0 0 0 0 0 15666 0 21976 0 237141 0 0 0 KRISTEN DENAVER CONTROLLER 182526 0 10000 0 0 0 15246 0 21749 1600 229521 1600 0 0 SARAH BATES HEAD OF UPPER SCHOOL 187876 0 0 0 0 0 15354 0 26086 1600 229316 1600 0 0 CAROLYN QUIGLEY DIRECTOR OF EXTERNAL LEARNING 155876 0 0 0 0 0 13346 0 37857 1600 207079 1600 0 0 DAN DOUGHTY HEAD OF MIDDLE SCHOOL 167606 0 0 0 0 0 12988 0 14642 800 195236 800 0 0 KEITH WIGGS SR. DIRECTOR OF ADVANCEMENT 180779 0 0 0 0 0 13271 0 65 0 194115 0 0 0 DEVON WINFIELD DIRECTOR OF HUMAN RESOURCES 162742 0 0 0 0 0 12522 0 12586 0 187850 0 0 0 LATASHA RICHARDS DIRECTOR OF ADMISSIONS, ENROLLMENT M 155000 0 0 0 0 0 11229 0 65 0 166294 0 0 0 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. X 13 128775 FMV X SPECIAL EVENT GIFTS AND EVENT TICKETS 42 143630 0 0 1 1 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. 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.