2024-03-28T08:24:44-05:00 2023-06-30 946214841 ARMANINO LLP 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2022-07-01 237412158 SHORECREST PREPARATORY SCHOOL INC SHOR 7275222111 5101 FIRST STREET NORTHEAST ST PETERSBURG FL 33703 LISA WYLIE CFO 7275222111 2024-03-27 1 LISA WYLIE 999009999 1 MATTHEW PETROSKI P00853132 9257902600 2024-03-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NANCY SPENCER 5101 FIRST STREET NORTHEAST ST PETERSBURG FL 33703 34429565 0 X WWW.SHORECREST.ORG X 1923 FL SPS IS A COLLEGE PREPARATORY SCHOOL THAT EDUCATES LIFELONG LEARNERS. 22 22 311 100 0 0 1670298 2540407 28018190 30762966 312703 688845 197189 230647 30198380 34222865 2354625 2196825 0 0 15350979 17493868 0 0 608559 9537646 10614718 27243250 30305411 2955130 3917454 81259238 87773351 36560961 38403942 44698277 49369409 X A COLLEGE PREPARATORY SCHOOL THAT EDUCATES A DIVERSE COMMUNITY OF STUDENTS TO BECOME LIFELONG LEARNERS IN THE PURSUIT OF PERSONAL AND ACADEMIC EXCELLENCE, PHYSICAL WELL-BEING, CREATIVE ACHIEVEMENT AND THE DEVELOPMENT OF A COMMITMENT TO SOCIAL RESPONSIBILITY. 0 0 26306560 2196825 30868028 SHORECREST PREPARATORY SCHOOL EDUCATED A COMMUNITY OF 1,056 STUDENTS FROM 3-YEARS-OLD THROUGH 12TH GRADE THROUGHOUT THE 2022-2023 SCHOOL YEAR. 91 STUDENTS GRADUATED FROM SHORECREST IN 2023, 100% OF WHOM WERE ACCEPTED TO COLLEGES AND UNIVERSITIES OF THEIR CHOICE. THE GRADUATING CLASS OF 2023 COLLECTIVELY CONTRIBUTED 10,500 HOURS OF SERVICE TO THE GREATER COMMUNITY THROUGHOUT THEIR TIME AT SHORECREST. 2023 MARKED THE SCHOOL'S CENTENNIAL, CELEBRATING 100 YEARS OF EDUCATIONAL EXCELLENCE IN THE TAMPA BAY AREA. ALSO IN 2023, SHORECREST LAUNCHED THE ROSS ROEDER INSTITUTE - A SCHOOLWIDE PROGRAM FOR FINANCIAL LITERACY, ECONOMICS AND ENTREPRENEURSHIP - AND ANNOUNCED THE EXPANSION OF THE LEARNING CENTER (CONTINUED ON SCHEDULE O)INTO THE CENTER FOR ACADEMIC EXCELLENCE - AN ACADEMIC ENRICHMENT AND SUPPORT PROGRAM THAT BENEFITS ALL STUDENTS AND TEACHERS AT THE SCHOOL. 26306560 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 120 0 1 311 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X LISA WYLIE 7275222111 5101 FIRST STREET NORTHEAST ST PETERSBURG FL 33703 WILLIAM T CONROY CHAIR 1.00 X X 0 0 0 PAMELA H GREACEN VICE-CHAIR 1.00 X X 0 0 0 MATTHEW FREY TREASURER 1.00 X X 0 0 0 ANDREA SILVERMAN SECRETARY 1.00 X X 0 0 0 REBECCA ARMACOST TRUSTEE 1.00 X 0 0 0 ADAM BEFELER TRUSTEE 1.00 X 0 0 0 DARLA BROWNING-HUTTON TRUSTEE 1.00 X 0 0 0 TREVOR BURGESS TRUSTEE (LEFT 08/22) 1.00 X 0 0 0 JEFF FREEDMAN TRUSTEE 1.00 X 0 0 0 CORY G GAFFNEY TRUSTEE 1.00 X 0 0 0 NATALIE GEBICKE TRUSTEE 1.00 X 0 0 0 JASON GREEN TRUSTEE 1.00 X 0 0 0 COURT JAMES TRUSTEE (LEFT 08/22) 1.00 X 0 0 0 CRISTIN C KEANE TRUSTEE 1.00 X 0 0 0 ALEX LAVOIE TRUSTEE 1.00 X 0 0 0 TIMOTHY L MAIN TRUSTEE 1.00 X 0 0 0 ISAAC MCKINNEY III TRUSTEE 1.00 X 0 0 0 BETH MIYASHIRO VIVIO TRUSTEE 1.00 X 0 0 0 JENNIFER PHELPS TRUSTEE 1.00 X 0 0 0 ADAM PRAWER TRUSTEE (START 08/22) 1.00 X 0 0 0 JENINE RABIN TRUSTEE (START 08/22) 1.00 X 0 0 0 SARAH L RIBEIRO TRUSTEE 1.00 X 0 0 0 BRENT RICHARD TRUSTEE (START 09/22) 1.00 X 0 0 0 NIKKI REGALO PAGANO TRUSTEE 1.00 X 0 0 0 NANCY SPENCER HEAD OF SCHOOL 40.00 X 324189 0 27734 LISA WYLIE CFO 40.00 X 201838 0 15099 LISA BIANCO HEAD OF LOWER SCHOOL 40.00 X 120731 0 16774 MICHAEL GILLIS DIRECTOR OF ADVANCEMENT 40.00 X 159252 0 18444 KRISTINE GRANT HEAD OF MIDDLE SCHOOL 40.00 X 114925 0 15697 MARCUS HOLMES DIRECTOR OF FACILITIES 40.00 X 113169 0 7635 ANTHONY MCCALL DIRECTOR OF ATHLETICS 40.00 X 137836 0 15384 1171940 0 116767 12 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 DINING SERVICES 1414219 EMERALD FACILITY MANAGEMENT 11701 SOUTH BELCHER ROAD LARGO FL 33773 CLEANING/JANITORIAL SERVICES 424664 CONSERV BUILDING SERVICES INC 6354 118TH AVENUE N LARGO FL 33773 HVAC PREVENTATIVE MAINTENANCE & REPAIR 217930 TOTAL TRANSPORT LLC 5053 126TH AVENUE N CLEARWATER FL 33760 TRANSPORTATION SERVICES 124115 4 15651 2524756 7485 2540407 TUITION AND FEES 611710 27778309 27778309 AFTER SCHOOL AND SUMME 611710 1869284 1869284 TUTORING AND STUDY PRO 611710 648200 648200 STUDENT FEES 611710 421724 421724 ATHLETIC PROGRAMS 611710 45449 45449 30762966 784116 784116 69286 0 69286 69286 69286 24668 13075 121719 11295 -97051 1780 -95271 -95271 129985 15651 73686 56299 56299 MISCELLANEOUS INCOME 900099 100977 100977 FINANCE CHARGES 900099 4085 4085 105062 34222865 30868028 0 814430 2196825 2196825 567695 533447 34248 12727060 10972148 1432245 322667 696297 655256 33208 7833 2546971 2300389 213701 32881 955845 805911 124993 24941 8892 8892 62765 62765 28459 28459 1917324 1358059 472115 87150 231854 158135 63318 10401 39648 33287 3146 3215 232964 158892 63621 10451 1497155 1415086 66459 15610 47342 28538 15302 3502 44658 26920 14435 3303 309846 296964 10451 2431 2300318 2204685 77585 18048 636057 609662 21336 5059 FOOD SUPPLIES/SERVICES 1360490 1346431 12551 1508 STUDENT ACTIVITIES 866517 866517 MINOR EQUIPMENT 312097 262018 24768 25311 INSTRUCTIONAL SUPPLIES 253820 253820 464512 357017 107495 30305411 26306560 3390292 608559 597238 1058685 30689632 34244769 228458 1153698 74795 103758 156060 159181 19860 19860 381690 416254 52454521 21508924 31755280 30945597 8233359 9293422 189181 208012 8933685 10170115 81259238 87773351 1533711 1506613 15182056 16167770 11199548 10875241 283204 340848 8362442 9513470 36560961 38403942 X 42064848 45052034 2633429 4317375 44698277 49369409 81259238 87773351 X 3917454 734847 18831 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8233359 216000 868731 24668 9293422 9155433 414273 -1298408 37939 8233359 6542902 390082 2245405 22956 9155433 6632722 1999 -67428 4005 20386 6542902 6064144 244615 352244 8725 19556 6632722 0.72040 0.21620 0.06340 0 0 424465 424465 40780849 14621612 26159237 2175919 960075 1215844 8820859 5927237 2893622 252429 252429 30945597 OTHER ASSETS 373044 CONTRACTUAL TUITION RECEIVABLE 9505644 RIGHT-OF-USE ASSET 291427 10170115 UNCLAIMED PROPERTY 7604 FUNDS HELD FOR OTHERS 722 CONTRACTUAL DEFERRED TUITION 9505644 REFUNDABLE RENT -500 9513470 X 32824945 734847 -2177994 -1443147 34268092 28459 -73686 -45227 34222865 28153813 0 28153813 28459 2123139 2151598 30305411 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS INTENDED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO SUPPORT THE SCHOOL'S CHARITABLE AND EDUCATIONAL PROGRAMS. PER BOARD POLICY, THE ENDOWMENT'S PRINCIPAL WILL BE LEFT UNTOUCHED, WHILE THE EARNINGS THEREFROM ARE AVAILABLE FOR USE TO FUND SCHOOL ACTIVITIES ONCE THE ENDOWMENT TOTALS $5 MILLION. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE CONSIDERED NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -2,196,825. CHANGE IN VALUE OF REMAINDER TRUST 18,831. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -73,686. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -73,686. FINANCIAL AID 2,196,825. 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 NON-DISCRIMINATION POLICY IS PUBLICIZED ON THE SCHOOL'S WEBSITE HOMEPAGE AS WELL AS IN OTHER AREAS THROUGHOUT THE WEBSITE. IN ADDITION, THE POLICY IS PUBLISHED IN ALL FAMILY HANDBOOKS. SCHEDULE E, PART I, LINE 6 SHORECREST RECEIVED FLORIDA TAX CREDIT PAYMENTS ON BEHALF OF STUDENTS. BIG EVENT GALA 105054 15651 89403 17526 17465 2175 7154 GREENERY 39847 39847 29366 1 735 735 145636 15651 129985 17526 17465 2175 36520 73686 56299 1 0 0 TRUSTEE SCHOLARSHIP 9 198582 FMV TUITION FINANCIAL AID 165 1998243 FMV TUITION PART I, LINE 2: THE SCHOOL USES FACTS GRANT & AID TO ASSESS NEED-BASED FINANCIAL AID. THE HEAD OF SCHOOL, CFO AND ADMISSIONS DIRECTOR MAKE FINANCIAL AID AWARD DECISIONS WITHIN THE LIMITS SET BY THE FINANCE COMMITTEE AND BOARD OF TRUSTEES. GRANTS ISSUED TO STUDENTS MUST BE USED FOR TUITION. THE STUDENT HAS NO DISCRETION TO USE THE FUNDS FOR A NON-EDUCATIONAL PURPOSE. X 0 1 X X X 0 0 0 0 0 0 0 1 0 NANCY SPENCER HEAD OF SCHOOL 292507 0 31132 0 550 0 18300 0 9434 0 351923 0 0 0 LISA WYLIE CFO 196707 0 5131 0 0 0 13769 0 1330 0 216937 0 0 0 MICHAEL GILLIS DIRECTOR OF ADVANCEMENT 159121 0 131 0 0 0 11152 0 7292 0 177696 0 0 0 ANTHONY MCCALL DIRECTOR OF ATHLETICS 129094 0 142 0 8600 0 8197 0 7187 0 153220 0 0 0 PART I, LINE 1A ALL ELIGIBLE EMPLOYEES RECEIVED HOLIDAY BONUSES THAT A GROSSED UP AMOUNT SO AS TO NET TO $100 FOR A FULL TIME EMPLOYEE AND $50 FOR A PART TIME EMPLOYEE. PART I, LINE 7 NANCY SPENCER RECEIVED A DISCRETIONARY BONUS OF $31,132 DETERMINED BY THE BOARD OF TRUSTEES. LISA WYLIE RECEIVED A DISCRETIONARY BONUS OF $5,131 DETERMINED BY THE HEAD OF SCHOOL. ALL ELIGIBLE EMPLOYEES RECEIVED HOLIDAY BONUSES THAT A GROSSED UP AMOUNT SO AS TO NET TO $100 FOR A FULL TIME EMPLOYEE AND $50 FOR A PART TIME EMPLOYEE. A PINELLAS COUNTY EDUCATIONAL FACILITIES AUTHORITY 596000800 2021-02-25 7211000 REFINANCE & CONSTRUCT CHARGER COMMONS 0 0 0 B PINELLAS COUNTY EDUCATIONAL FACILITIES AUTHORITY 596000800 2015-05-01 8100000 REFINANCE & CONSTRUCT EDUCATIONAL FACILITIES 0 0 0 A 2514443 7211000 7211000 2049 1 0 1 0 B 1623015 8100000 8100000 2030 1 0 1 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 A 0 B 0 NANCY SPENCER HEAD OF SCHOOL HOUSING LOAN X 150000 159181 0 1 1 159181 ANNE MICHELLE FREY FAMILY MEMBER OF MATTHEW FREY, TRUSTEE 90000 EMPLOYMENT 0 DONNA CONROY FAMILY MEMBER OF WILLIAM CONROY, TRUSTEE 58521 EMPLOYMENT 0 JOHN SANDOVAL FAMILY MEMBER OF NANCY SPENCER, HEAD OF SCHOOL 73000 EMPLOYMENT 0 HILLARY WYLIE FAMILY MEMBER OF LISA WYLIE, CFO 47900 EMPLOYMENT 0 FORM 990, PART VI, SECTION B, LINE 11B THE CFO, THE CONTROLLER, HEAD OF SCHOOL AND BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE FILING WITH THE IRS. EACH TRUSTEE IS THEN PROVIDED A REVIEWED FORM 990 WITHOUT SCHEDULE B FOR THE PROTECTION OF DONOR CONFIDENTIALITY. FORM 990, PART VI, SECTION B, LINE 12C IF A CONFLICT OF INTEREST EXISTS, THE TRUSTEE SHALL INFORM THE BOARD IMMEDIATELY AND SHALL NOT PARTICIPATE IN ANY DISCUSSION OR VOTE WITH RESPECT TO THE CONFLICTED TRANSACTION. IF AN ENTITY RELATED TO THE TRUSTEE OR THE TRUSTEE'S FAMILY IS NEGOTIATING A TRANSACTION OR ARRANGEMENT, THE SCHOOL MUST SOLICIT AT LEAST ONE OTHER BID. THE CONFLICT OF INTEREST STATEMENT IS COMMUNICATED TO FACULTY AND STAFF IN THE EMPLOYEE HANDBOOK. ALL FACULTY AND STAFF RECEIVE AND ARE REQUIRED TO SIGN A FORM ACKNOWLEDGING RECEIPT OF THE HANDBOOK ON AN ANNUAL BASIS. THE BOARD CHAIR OR EXECUTIVE COMMITTEE WOULD ADDRESS ANY POTENTIAL CONFLICTS WHICH MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF TRUSTEES. THE BOARD RELIES UPON COMPARABILITY DATA INCLUDING STATISTICAL COMPENSATION DATA FROM THE NAIS WEBSITE FOR SCHOOLS IN THE SOUTHEAST WITH GREATER THAN 700 STUDENTS ENROLLED. THE BOARD OF TRUSTEES DOCUMENTS THE BASIS FOR ITS DETERMINATION IN MEETING MINUTES CONCURRENTLY WITH MAKING ITS DETERMINATION. WHEN DETERMINING COMPENSATION FOR OFFICERS, THE HEAD OF SCHOOL RELIES UPON COMPARABILITY DATA INCLUDING STATISTICAL COMPENSATION DATA FROM THE NAIS WEBSITE FOR SCHOOLS IN THE SOUTHEAST WITH GREATER THAN 700 STUDENTS ENROLLED. 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 UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF REMAINDER TRUST 18,831.