2024-04-23T12:48:09-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 112611384 THE BERKELEY CARROLL SCHOOL BERK 7185346579 152 STERLING PLACE BROOKLYN NY 11217 LISA YVETTE WALLER PHD HEAD OF SCHOOL 7185346579 2024-04-23 1 LISA YVETTE WALLER PHD XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-04-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LISA YVETTE WALLER PHD 152 STERLING PLACE BROOKLYN NY 11217 69765597 0 X WWW.BERKELEYCARROLL.ORG X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. 22 21 512 25 0 0 6958606 1763074 52667650 56128783 467408 3309662 196672 216361 60290336 61417880 8793637 9445214 0 0 29968004 33309796 0 0 2000510 13547333 14940150 52308974 57695160 7981362 3722720 91124633 96589451 40442300 42859706 50682333 53729745 X A PASSION FOR LEARNING IS AT THE HEART OF BERKELEY CARROLL. THE SCHOOL IS AN INTELLECTUAL, CREATIVE AND EQUITABLE COMMUNITY WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. OUR DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE PREPARE OUR DIVERSE GRADUATES FOR SUCCESS IN COLLEGE AND FOR THE GREATER ENDEAVOR A LIFE OF CRITICAL, ETHICAL AND GLOBAL THINKING. 0 0 51109916 9445214 54047681 THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 993 STUDENTS IN THE FY 2022/2023. 630801 1370820 THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASSES TO ITS STUDENTS AND THE COMMUNITY. 628564 710282 THE SCHOOL OFFERS A SUMMER PROGRAM THAT RUNS FROM JULY THROUGH AUGUST OF EACH YEAR. THE PROGRAM HAD 740 CHILDREN ENROLLED FOR FY 2022-23. 52369281 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 151 0 512 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KAREN BENSON 7185346579 152 STERLING PLACE BROOKLYN NY 11217 CHARLES RUBLE IV CHAIR 20.00 X X 0 0 0 JULIE KAY CO-VICE CHAIR 10.00 X X 0 0 0 JAMES SHIPP CO-VICE CHAIR 10.00 X X 0 0 0 JAMES MORGANO SECRETARY 10.00 X X 0 0 0 PRASHANT MUPPARAPU TREASURER 10.00 X X 0 0 0 DENISE GAMBLE TRUSTEE 3.00 X 0 0 0 KATYA JESTIN TRUSTEE 3.00 X 0 0 0 VIRGINIA FREIRE TRUSTEE 3.00 X 0 0 0 ERIC EVE TRUSTEE 3.00 X 0 0 0 LIISA FIEDELHOLTZ TRUSTEE 3.00 X 0 0 0 ROBERT DUNPHY TRUSTEE 3.00 X 0 0 0 JULIE KWON TRUSTEE 3.00 X 0 0 0 COLBY SYNESAEL TRUSTEE 3.00 X 0 0 0 ALEXA ROBINSON TRUSTEE 3.00 X 0 0 0 AARON NAPARSTEK TRUSTEE 3.00 X 0 0 0 LILLIAN CHEGE TRUSTEE 3.00 X 0 0 0 BILL CALEO TRUSTEE, THRU APRIL 2023 3.00 X 0 0 0 ANDREW FABENS TRUSTEE 3.00 X 0 0 0 MORAD MASJEDI TRUSTEE 3.00 X 0 0 0 STACIE BILLIS TRUSTEE 3.00 X 0 0 0 DENNIS MASEL TRUSTEE 3.00 X 0 0 0 UFASAHA YARISH TRUSTEE 3.00 X 0 0 0 BRIYANA MARTIN TRUSTEE 3.00 X 0 0 0 LISA WALLER HEAD OF SCHOOL 60.00 X 700458 0 195126 KAREN BENSON CFO 60.00 X 262528 0 57790 JANE MOORE UPPER SCHOOL DIRECTOR 50.00 X 249796 0 41124 BRANDIE MELENDEZ-PINTI ASSISTANT HEAD OF SCHOOL 50.00 X 220165 0 32444 LINDA ADAMS DIRECTOR OF COMMUNICATIONS 50.00 X 199627 0 28650 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 50.00 X 204831 0 31528 KIMBERLY BECK LOWER SCHOOL DIRECTOR 50.00 X 202991 0 23521 ANNE GUNNING CHAIR OF PHYSICAL EDUCATION 40.00 X 171155 0 26864 VANESSA PRESCOTT DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 163583 0 31576 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 40.00 X 191935 0 25319 PAMELA CUNNINGHAM DIRECTOR OF DEVELOPMENT 40.00 X 166495 0 36683 SCOTT RUBIN ASSIST. DIRECTOR OF THE UPPER SCHOOL 40.00 X 154883 0 40530 2888447 0 571155 91 0 1 0 ARJ TRANSPORTATION 431 N COURTLAND STREET EAST STROUDSBURG PA 18301 BUS SERVICE 2198130 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 1179339 1100 ARCHITECT PC 242 WEST 30TH STREET NEW YORK NY 11217 CONSTRUCTION CONTRACTOR 882571 LASI SECURITY COMPANY INC 822 UTICA AVENUE STE 2F BROOKLYN NY 11203 SECURITY SERVICES 478142 UNIFIED AIR INDUSTRIES CORP 1250 SOUTH AVENUE PLAINFIELD NJ 07062 CONSTRUCTION CONTRACTOR 325616 13 553552 1209522 97102 1763074 STUDENT TUITION AND FEES 611110 53173879 53173879 AUXILIARY SERVICES 611110 2763372 2763372 FEES/FINANCE CHARGES 611110 191532 191532 56128783 804090 804090 164743 26399 138344 138344 138344 10826890 8321318 2505572 2505572 2505572 MISCELLANEOUS INCOME 900099 78017 78017 78017 61417880 56128783 0 3526023 9445214 9445214 2605368 2039606 465993 99769 24450414 22676666 833064 940684 1291089 1193137 46402 51550 3109012 2865314 122333 121365 1853913 1695894 86507 71512 145006 8700 136306 83700 83700 482112 173994 216448 91670 8825 8825 530328 445893 42087 42348 991043 782488 162903 45652 983533 893461 90072 2340402 2337710 1346 1346 665634 494694 136752 34188 2976604 2232453 595321 148830 536874 402655 107375 26844 INSTRUCTIONAL EXPENSES 3368197 3368197 REPAIR AND MAINTENANCE 978608 869718 69200 39690 SCHOOLWIDE EVENTS 346911 62338 284573 PROFESSIONAL DEVELOPMEN 290703 261633 29070 211670 119516 91665 489 57695160 52369281 3325369 2000510 3768328 17863633 15200992 190331 57200 35000 251998 394144 553476 716093 87608672 35630524 50680161 51978148 20546351 24985206 66127 426896 91124633 96589451 3428313 3899754 9228288 9829337 25859443 26912360 1909021 1880356 17235 337899 40442300 42859706 X 43399718 45785758 7282615 7943987 50682333 53729745 91124633 96589451 X 3722720 -840628 165320 X X 0 1 X 1 0 X 3112716 2114875 2052232 6958606 1763074 16001503 3112716 2114875 2052232 6958606 1763074 16001503 16001503 891807 848364 382901 593493 968833 3685398 49777 49777 48751 43595 65331 95957 78017 331651 20068329 252928478 0.79740 0.82060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 48,751. 2019 AMOUNT: $ 43,595. 2020 AMOUNT: $ 34,768. 2021 AMOUNT: $ 75,291. 2022 AMOUNT: $ 78,017. TAX REFUND - 2020 AMOUNT: $ 30,563. 2021 AMOUNT: $ 20,666. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14661583 2480186 2157311 513648 18785432 16040610 1631883 -2541727 469183 14661583 12355503 322302 3575961 213156 16040610 11137780 813562 605960 201799 12355503 9990447 623639 711356 187662 11137780 0.58500 0.24800 0.16700 0 0 2826000 2826000 73788657 31267308 42521349 7146091 4363216 2782875 3847924 3847924 51978148 DEFERRED COMPENSATION 36275 OPERATING LEASE LIABILITY 301624 337899 X 51357957 -840628 278636 -561992 51919949 9497931 9497931 61417880 48310545 60599 60599 48249946 9445214 9445214 57695160 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS USED TO PROVIDE NEED-BASED FINANCIAL AID FOR STUDENTS, PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, AND TO SUPPORT OTHER INSTRUCTIONAL PROGRAMS. PART X, LINE 2: THE SCHOOL RECOGNIZES 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, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 26,399. WRITE OFF ACCRUED EXPENSES 252,237. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 9,445,214. LOSS ON DISPOSAL OF ASSETS 52,717. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 26,399. WRITE OFF UNCOLLECTIBLE PLEDGES 34,200. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 9,445,214. 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 PUBLISHES ITS NONDISCRIMINATION POLICY IN ALL ARENAS THAT THE SCHOOL ADVERTISES DURING ITS ADMISSIONS SEASON. THE SCHOOL ALSO ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE EMPLOYEE HANDBOOK AND STUDENT PARENT HANDBOOK AS WELL AS POSTS THE POLICY ON THE LANDING PAGE OF ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN ANNUAL GRANT FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION BASED ON THE ATTENDANCE OF THE SCHOOL BODY. (MANDATED AID). 1 SCHOLARSHIPS AND FINANCIAL AID 245 9445214 PART I, LINE 2: STUDENT AID IS AWARDED ON AN ANNUAL BASIS BASED ON THE NEED OF THE FAMILY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN GRANTING AID: PARENTS START THE APPLICATION PROCESS BY SUBMITTING AN APPLICATION TO TADS (TUITION AID DATA SERVICES) WHICH PROVIDES AN INDEPENDENT OPINION OF AN APPROPRIATE NEED BASED AWARD AMOUNT TO THE SCHOOL. THE SCHOOL'S FINANCIAL AID COMMITTEE THEN REVIEWS THE APPLICATION AND OTHER RELEVANT DOCUMENTATION, ALONG WITH THE RECOMMENDATION BY TADS AND DETERMINES THE FINANCIAL AID AMOUNT TO BE AWARDED TO EACH STUDENT. ONCE AID IS GRANTED, THE AID IS APPLIED TO THE STUDENT'S ENROLLMENT CONTRACT AND ANY OTHER AUXILIARY SERVICES, REDUCING THE TOTAL AMOUNT OF TUITION AND/OR AUXILIARY SERVICES TO BE PAID BY THE FAMILY TO THE SCHOOL. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 LISA WALLER HEAD OF SCHOOL 682658 0 0 0 17800 0 33574 0 161552 0 895584 0 0 0 KAREN BENSON CFO 262528 0 0 0 0 0 17136 0 40654 0 320318 0 0 0 JANE MOORE UPPER SCHOOL DIRECTOR 249796 0 0 0 0 0 17191 0 23933 0 290920 0 0 0 BRANDIE MELENDEZ-PINTI ASSISTANT HEAD OF SCHOOL 220165 0 0 0 0 0 16184 0 16260 0 252609 0 0 0 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 204831 0 0 0 0 0 16720 0 14808 0 236359 0 0 0 LINDA ADAMS DIRECTOR OF COMMUNICATIONS 199627 0 0 0 0 0 14314 0 14336 0 228277 0 0 0 KIMBERLY BECK LOWER SCHOOL DIRECTOR 202991 0 0 0 0 0 12240 0 11281 0 226512 0 0 0 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 191935 0 0 0 0 0 11762 0 13557 0 217254 0 0 0 PAMELA CUNNINGHAM DIRECTOR OF DEVELOPMENT 166495 0 0 0 0 0 17072 0 19611 0 203178 0 0 0 ANNE GUNNING CHAIR OF PHYSICAL EDUCATION 171155 0 0 0 0 0 13436 0 13428 0 198019 0 0 0 SCOTT RUBIN ASSIST. DIRECTOR OF THE UPPER SCHOOL 154883 0 0 0 0 0 13474 0 27056 0 195413 0 0 0 VANESSA PRESCOTT DIRECTOR OF ENROLLMENT MANAGEMENT 163583 0 0 0 0 0 16750 0 14826 0 195159 0 0 0 PART I, LINE 1A AS A CONDITION OF HER EMPLOYMENT, LISA WALLER, THE HEAD OF SCHOOL, MUST MAINTAIN A RESIDENCE WITHIN WALKING DISTANCE OF THE SCHOOL. THE SCHOOL PROVIDED HER WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $120,000 WHICH WAS TREATED AS A NON-TAXABLE BENEFIT. LISA WALLER ALSO RECEIVED A GROSS-UP PAYMENT INCLUDED IN HER W-2. PART I, LINE 4B LISA WALLER, HEAD OF SCHOOL, PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER IRC 457(F). THE SCHOOL CONTRIBUTED $15,000 TO HER DURING CALENDAR YEAR 2022. A BUILD NYC RESOURCE CORPORATION 454040561 000000000 2021-06-03 37429000 REFUND PRIOR BOND ISSUES (2014) AND ALSO CONSTRUCT SCHOOL FACILITIES 0 0 0 A 1235672 37429000 515000 2290573 25816831 8806596 1 0 0 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 128435 FINANCIAL ASSISTANCE FINANCIAL AID SCH L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS GRANTS OR OTHER ASSISTANCE BENEFITTING INTERESTED PERSONS: STUDENTS OF TRUSTEES AND OFFICERS RECEIVING FINANCIAL AID FOLLOW THE SAME NEED-BASED ASSESSMENT AS OTHER STUDENTS RECEIVING FINANCIAL AID. X 7 82102 AVG. SELLING PRICE X THEATER EQUIPMENT & CABLES 71 15000 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND HEAD OF SCHOOL FOR ACCURACY AND COMPLETENESS. THEN A COPY IS SENT TO THE FINANCE COMMITTEE WHO APPROVE THE FORM 990 AT THE FINANCE COMMITTEE MEETING. THE APPROVED FOMR 990 IS THEN POSTED TO DILIGENT TO BE REVIEWED BY ALL BOARD MEMBERS WHO APPROVE THE FORM 990 AT THE BOARD MEETING BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, OFFICERS AND TRUSTEES OF THE SCHOOL. THE CFO ROUTINELY REVIEWS ALL VENDOR CONTRACTS FOR MATERIAL ITEMS, INCLUDING POTENTIAL CONFLICTS OF INTEREST. THE POLICY IS DETAILED IN THE EMPLOYEE HANDBOOK, AND ALL EMPLOYEES ARE PROVIDED WITH THE HANDBOOK ANNUALLY DETAILING ANY REVISIONS TO THE POLICY. IN ADDITION, ALL TRUSTEES SUBMIT WRITTEN STATEMENTS ANNUALLY, ATTESTING THAT THEY ARE IN COMPLIANCE WITH THE POLICY. WITH THE EXCEPTION OF THE HEAD OF SCHOOL, ANY POTENTIAL CONFLICT INVOLVING AN EMPLOYEE WOULD BE BROUGHT TO THE HEAD OF SCHOOL. IF THE POTENTIAL CONFLICT INVOLVES THE HEAD OF SCHOOL OR A TRUSTEE, THE MATTER WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD OF TRUSTEES. A PERSON WITH A CONFLICT OF INTEREST MAY MAKE A PRESENTATION AT A BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. IN ADDITION, ONLY PERSONS WHO ARE INDEPENDENT TRUSTEES AS DEFINED IN THE BYLAWS MAY VOTE ON THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL: WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED. IN ADDITION, AN INDEPENDENT CONSULTANT IS HIRED TO PROVIDE INDEPENDENT RESEARCH AND COMPARABILITY DATA. THE SCHOOL'S LEGAL COUNSEL IS INVOLVED IN PROVIDING THE EXACT LANGUAGE FOR THE CONTRACT, INCLUDING AMOUNTS AND METHODS OF COMPENSATION. APPROVAL FOR THIS PROCESS IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. ALL OTHER OFFICERS AND KEY EMPLOYEES: ALL OTHER EMPLOYMENT CONTRACTS FOR OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL & CFO WHO REFER TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, MARKET COMPARABILITY DATA, YEARS OF EXPERIENCE, EDUCATION AND OTHER QUALIFICATIONS WHEN DECIDING ON ALL COMPENSATION AND BENEFITS. APPROVAL OF THIS POLICY IS DOCUMENTED IN THE FINANCE COMMITTEE AND BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSET -52,717. WRITE OFF UNCOLLECTIBLE PLEDGES -34,200. WRITE OFF ACCRUED EXPENSES 252,237. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.