2024-04-18T08:39:47-05:00 2023-06-30 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2022-07-01 536019409 SHERIDAN SCHOOL SHER 2023627900 4400 36TH ST NW WASHINGTON DC 20008 PAVAN KHOOBCHANDANI BOARD CHAIR & PRESIDENT 2023627900 2024-04-17 1 PAVAN KHOOBCHANDANI 999009999 0 LAURA KIELCZEWSKI P00740769 2122970400 2024-03-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z COURTNEY MARTIN 4400 36TH ST NW WASHINGTON DC 20008 11488372 0 X WWW.SHERIDANSCHOOL.ORG X 1961 DC EDUCATIONAL SERVICES TO CHILDREN FROM KINDERGARTEN THROUGH EIGHTH GRADE. 20 18 154 100 0 0 1512352 407305 9823873 10552830 193155 47260 92978 48098 11622358 11055493 1755416 1581914 0 0 6146808 6659476 0 0 169797 2461383 2794240 10363607 11035630 1258751 19863 20562022 21976299 9001784 9557081 11560238 12419218 X SHERIDAN SCHOOL'S MISSION IS TO CREATE AN INCLUSIVE, VIBRANT LEARNING COMMUNITY. WE TAKE JOY IN LEARNING, SHOW KINDNESS AND EMPATHY TOWARDS OTHERS, EMBRACE NEW EXPERIENCES AND IDEAS, AND CONTINUALLY SEEK A DEEPER AND FULLER UNDERSTANDING OF THE WORLD. WE SEEK TO INSPIRE SELF-KNOWLEDGE, INTELLECTUAL DISCIPLINE, AND PERSONAL INTEGRITY IN OUR COMMUNITY MEMBERS. AT BOTH OUR CITY AND MOUNTAIN CAMPUSES, THE SHERIDAN COMMUNITY CHALLENGES ITSELF TO LIVE THE IDEAL OF RESPECT FOR ONESELF, OTHERS, AND THE ENVIRONMENT. 0 0 7560597 1474197 9305380 EDUCATION PROGRAM: AS AN ACCREDITED SCHOOL, WE PROVIDE AN EDUCATION FOR APPROXIMATELY 230 CHILDREN FROM KINDERGARTEN TO GRADE EIGHT AT OUR CITY AND MOUNTAIN CAMPUSES. WE SEEK TO NURTURE AND CHALLENGE CHILDREN THROUGH A COLLECTION OF ACADEMIC SUBJECTS AND ENRICHING ACTIVITIES THAT ENCOURAGE CHILDREN TO TAKE RESPONSIBILITY FOR THEIR LEARNING AND SOCIAL DEVELOPMENT. 719488 44010 810681 SUMMER CAMP: THE SCHOOL CONDUCTS A SUMMER CAMP IN THREE TWO-WEEK SESSIONS OF APPROXIMATELY 230 CHILDREN AGES 3 TO 16 EACH SUMMER. CHILDREN DEVELOP NEW SKILLS, SPECIAL TALENTS, EMERGING INTERESTS AND SELF-CONFIDENCE BY EXPLORATION AND CELEBRATION OF THE VISUAL AND PERFORMING ARTS, CULINARY ARTS, AND SPORTS. 445850 63707 436769 AFTER SCHOOL PROGRAM: THE AFTER SCHOOL PROGRAMS MIRROR THE SCHOOL'S CHILD-ORIENTED PHILOSOPHY; CHILDREN ARE ENCOURAGED TO PURSUE THEIR INDIVIDUAL INTERESTS. WITHIN THE PROGRAM, CHILDREN MAY FOCUS ON EDUCATIONAL, ARTISTIC, OR PHYSICAL ACTIVITIES, INCLUDING ENRICHMENT CLASSES, STUDY HALL, GAMES, AND ART PROJECTS. THE PROGRAM ALSO INCLUDES STRUCTURED ACTIVITIES FOR HALF- AND FULL-DAY PROGRAMS DURING CONFERENCE DAYS OR DUE TO EARLY DISMISSAL FROM SCHOOL. 382220 SUPPORT SERVICES: DURING THE SCHOOL YEAR, THE SCHOOL PROVIDES DAILY NUTRITIOUS HOT LUNCH AND SNACKS FOR ALL STUDENTS, FACULTY, AND STAFF. 55677 OTHER PROGRAM-RELATED ACTIVITIES 382220 55677 9108155 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 154 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X SUZANNE BADOUX CO SHERIDAN SCHOOL 2023627900 4400 36TH ST NW WASHINGTON DC 200084208 PAVAN KHOOBCHANDANI BOARD CHAIR & PRESIDENT 5.00 X X 0 0 0 JAMES HULME TREASURER 3.00 X X 0 0 0 JUSTIN GALEN ASST TREASURER 3.00 X X 0 0 0 SHANNON EGGER SECRETARY 3.00 X X 0 0 0 GARRY REEDER 1ST VICE CHAIR & 1ST VICE PRESIDENT 3.00 X X 0 0 0 TRACY MANN 2ND VICE CHAIR & 2ND VICE PRESIDENT 3.00 X X 0 0 0 JEFFREY GARIGLIANO 3RD VICE CHAIR 3.00 X X 0 0 0 AMELIA MATTLER DIRECTOR 3.00 X 0 0 0 AMY WEIS DIRECTOR 2.00 X 0 0 0 ASAKI BRADFORD DIRECTOR 3.00 X 0 0 0 CHRISTOPHER MILLER DIRECTOR 3.00 X 0 0 0 DENISE NAGUIB DIRECTOR 2.00 X 0 0 0 INDIRA MARTELL DIRECTOR 3.00 X 0 0 0 JULIE ZIEGLER DIRECTOR 2.00 X 0 0 0 MARI MCDONALD DIRECTOR 3.00 X 0 0 0 MARK LAWRENCE DIRECTOR 3.00 X 0 0 0 NATALIE CAMPBELL DIRECTOR 3.00 X 0 0 0 REBECCA DIEFENBACH DIRECTOR 4.00 X 0 0 0 SAPNA MEHTA DIRECTOR 3.00 X 0 0 0 VALAIDA WISE DIRECTOR 3.00 X 0 0 0 JESSICA DONOVAN HEAD OF SCHOOL 40.00 X 343280 0 35685 SUZANNE BADOUX DIRECTOR OF FINANCE & OPERATIONS 40.00 X 161092 0 23768 TIPHANIE EDWARDS ASST. HEAD OF SCHOOL 40.00 X 126434 0 45086 MELANIE AUERBACH DIRECTOR OF STUDENT SUPPORT 40.00 X 124230 0 101161 LAURA GARCIA DE MENDOZA MUSIC TEACHER 40.00 X 122099 0 6086 ROBERT BRADFORD LOWER SCHOOL HEAD 40.00 X 112956 0 26581 KAREN O'CONNOR-FLOMAN DIRECTOR OF ENROLLMENT MGMT 40.00 X 103938 0 16084 1094029 0 254451 9 0 1 0 MERIWETHER GODSEY 4944 OLD BOONSBORO RD LYNCHBURG VA 24503 FOOD SERVICE 376986 CARNEY SANDOE & ASSOCIATES 5070 N HWY A1A SUITE 610 VERO BEACH FL 32963 EMPLOYEE RECRUITMENT 124633 MTFA DES & PRESERVATION 316 PENNSYLVANIA AVE SE SUITE 401 WASHINGTON DC 20003 ARCHITECTURE & DESIGN SERVICES 120462 CAMP HORIZONS 3586 HORIZONS WAY HARRISONBURG VA 22802 OUTDOOR EDUCATION 110517 MCDONALD CLEANING SYSTEMS 2121 WISCONSIN AVE NW SUITE 61 WASHINGTON DC 20007 JANITORIAL SERVICES 103937 5 65994 63372 277939 100182 407305 TUITION & FEES 611110 9305380 9305380 AUXILIARY PROGRAMS 611110 1247450 1247450 10552830 221555 221555 221664 395926 33 -174262 -33 -174295 -174295 29341 65994 36920 -7579 -7579 PARENT ASSOCIATION DUES 900099 22786 22786 FORFEITED ENROLLMENT DEPOSITS 900099 16100 16100 APPLICATION FEES 900099 6420 6420 10371 10371 55677 11055493 10608507 0 39681 1581914 1581914 570296 570296 5107454 4564189 446660 96605 216996 195086 17781 4129 344306 287127 51224 5955 420424 340395 72824 7205 17013 17013 62000 62000 42225 42225 754518 620324 113167 21027 7472 3399 4073 360530 316983 36577 6970 190460 129060 48576 12824 527131 385239 135159 6733 154034 142711 11307 16 63956 54796 9144 16 399826 323718 69256 6852 10373 472 9891 10 ADMISSION & ENTRANCE FE 73152 73092 55 5 OTHER MAINTENANCE 53263 46834 5850 579 OTHER EQUIPMENT 19590 17993 1060 537 BAD DEBTS 5022 5022 53675 24823 28518 334 11035630 9108155 1757678 169797 5811276 6330700 685484 65764 99046 49076 20224 15681 205381 102251 10146963 5983436 4290416 4163527 5173098 5834053 227420 4277097 5187827 20562022 21976299 762707 791726 3961980 3306585 188008 82935 4277097 5187827 9001784 9557081 X 9690393 10368241 1869845 2050977 11560238 12419218 20562022 21976299 19863 824320 14797 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5290001 1501500 786296 158700 7419097 6320628 1500 -1032127 5290001 4949874 1500 1511799 142545 6320628 4970740 1600 70482 92948 4949874 4906426 4000 67805 7491 4970740 0.77830 0.15790 0.06380 0 0 217056 217056 8847729 5401975 3445754 788840 581461 207379 293338 293338 4163527 TUITION CONTRACT RECEIVABLE 5187827 5187827 TUITION CONTRACT LIABILITY 5187827 5187827 X 10307391 824320 14797 -1581914 -742797 11050188 42225 -36920 5305 11055493 9448411 -1544994 -1544994 10993405 42225 42225 11035630 PART V, LINE 4: THE EARNINGS FROM INVESTING OF ENDOWMENT FUNDS WILL BE USED TO PROVIDE NEED-BASED FINANCIAL AID AND SUPPORT PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND COMPENSATION FOR TEACHERS, AS WELL AS OTHER PROGRAM NEEDS, INCLUDING CAPITAL EXPENDITURES. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,581,914. PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES -36,920. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,581,914. EVENT EXPENSES 36,920. 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 RACIAL NONDISCRIMINATION POLICY IS PUBLICIZED THROUGH THROUGH AISGW (THE ASSOCIATION OF INDEPENDENT SCHOOLS OF GREATER WASHINGTON). A GROUP NOTICE OF NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE WASHINGTON POST ANNUALLY. SCHEDULE E, PART I, LINE 6 THE SCHOOL APPLIES FOR AND RECEIVES FUNDING FROM DISTRICT OF COLUMBIA PUBLIC SCHOOLS (DCPS) TO FUND TITLE I, TITLE II AND TITLE IV INITIATIVES FOR STUDENTS, FACULTY AND STAFF. GALA 95335 65994 29341 19512 900 16508 95335 65994 29341 19512 900 16508 36920 -7579 1 TUITION AND AFTER SCHOOL PROGRAMS 55 1537904 FMV FINANCIAL AID TO ATTEND THE SCHOOL AND RELATED AFTER SCHOOL PROGRAMS SUMMER CAMP 27 44010 FMV FINANCIAL AID TO ATTEND SUMMER CAMP CONDUCTED BY THE SCHOOL PART I, LINE 2: FINANCIAL AID IS AWARDED ON THE BASIS OF FINANCIAL NEED. RECIPIENT'S FAMILY MUST SUBMIT AN APPLICATION FOR FINANCIAL ASSISTANCE, WHICH IS REVIEWED BY AN INDEPENDENT SERVICE. THE INDEPENDENT SERVICE'S RECOMMENDATIONS ARE THEN EVALUATED BY THE SCHOOL'S FINANCIAL AID COMMITTEE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JESSICA DONOVAN HEAD OF SCHOOL 305800 0 0 0 37480 0 15250 0 20435 0 378965 0 0 0 MELANIE AUERBACH DIRECTOR OF STUDENT SUPPORT 122823 0 0 0 1407 0 6191 0 94970 0 225391 0 0 0 SUZANNE BADOUX DIRECTOR OF FINANCE & OPERATIONS 159612 0 0 0 1480 0 8424 0 15344 0 184860 0 0 0 TIPHANIE EDWARDS ASST. HEAD OF SCHOOL 125015 0 0 0 1419 0 3855 0 41231 0 171520 0 0 0 PART I, LINE 1A JESSICA DONOVAN, HEAD OF SCHOOL, RECEIVED $36,000 AS A TAXABLE HOUSING ALLOWANCE. A DISTRICT OF COLUMBIA 536001131 000000000 2022-07-14 6120000 RENOVATIONS ON EXISTING SCHOOL BUILDING 0 0 0 A 188008 122400 65608 5931992 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 0 A 1 SCHEDULE K, PART II, LINE 3: THIS AMOUNT DIFFERS FROM THE ISSUE PRICE IN PART I BY THE PORTION OF THE DISTRICT OF COLUMBIA SERIES 2022 BOND PROCEEDS WHICH HAVE NOT BEEN DRAWN UPON. 56899 FINANCIAL AID TUITION AND AFTER SCHOOL PROGRAMS X 8 36810 FMV X BOOKS, COMPUTER HARDWARE, ONLINE EDUCATIONAL SUBSCRIPTIONS, ETC. 3 63372 FMV 0 1 0 PART I, COLUMN (B): AMOUNTS IN COLUMN (B) WERE DETERMINED USING A COMBINATION OF THE TWO METHODS ABOVE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE MANAGEMENT TEAM, CONSISTING OF THE DIRECTOR OF FINANCE, SENIOR FINANCE STAFF AND HEAD OF SCHOOL REVIEWED THE DRAFT FORM 990 PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. THE DRAFT FORM 990, WITH DONOR NAMES REDACTED, WAS THEN MADE AVAILABLE TO THE AUDIT COMMITTEE FOR REVIEW. THE MEMBERSHIP OF THE AUDIT COMMITTEE INCLUDES TRUSTEES WITH PRACTICAL AND/OR PROFESSIONAL EXPERTISE, SUCH AS NONPROFIT MANAGEMENT, ACCOUNTING, AND FEDERAL TAX LAW GOVERNING EXEMPT ORGANIZATIONS. BEFORE THE ORGANIZATION SUBMITTED FORM 990 TO THE IRS, THE AUDIT COMMITTEE REPORTED TO THE BOARD OF TRUSTEES THAT THE AUDIT COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE DRAFT FORM 990 WAS COMPLETE, ACCURATE AND CORRECT. THE DRAFT 990, WITH DONOR NAMES REDACTED, WAS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND COMMENT PRIOR TO FILING. AT THAT TIME THE TRUSTEES WERE ALSO PROVIDED WITH THE OPPORTUNITY TO REQUEST AN UNREDACTED DRAFT FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C FULL DISCLOSURE OF ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST IS REQUIRED. EACH TRUSTEE AND OFFICER OF THE SCHOOL IS REQUIRED TO DISCLOSE ANY AND ALL FACTS THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST ANNUALLY VIA A FORM AND QUESTIONNAIRE, AS WELL AS WHENEVER SUCH ACTUAL OR POTENTIAL CONFLICT OCCURS BEFORE ANY RELEVANT ACTION BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD. THE FORMS ARE REVIEWED BY THE DIRECTOR OF FINANCE TO IDENTIFY ANY POTENTIAL CONFLICTS TO BE REVIEWED WITH THE AUDIT COMMITTEE. THE COMMITTEE WILL REVIEW WHETHER OR NOT A CONFLICT EXISTS AND WHETHER IT MAY MATERIALLY OR ADVERSELY AFFECT THE INTERESTS OF THE SCHOOL. THE TRUSTEE WITH THE POTENTIAL CONFLICT MAY NOT PARTICIPATE IN THIS DETERMINATION BY THE COMMITTEE. IF THE COMMITTEE DETERMINES THAT A CONFLICT MAY EXIST, THE BOARD OF TRUSTEES SHALL DETERMINE AN APPROPRIATE REMEDY. THIS REMEDY MAY INCLUDE THE RECUSAL OF THE TRUSTEE FROM CERTAIN MATTERS PENDING BEFORE THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION WAS SET UNDER A THREE-YEAR CONTRACT EXECUTED IN NOVEMBER 2020 AND EFFECTIVE IN JULY 2021. THE BOARD OF TRUSTEES FORMED A COMMITTEE FOR THE PURPOSES OF NEGOTIATING THE CONTRACT WITH THE HEAD OF SCHOOL. THE COMMITTEE LOOKED AT COMPARABLE COMPENSATION DATA FROM PEER SCHOOLS, (FROM FORMS 990 AND A COMPENSATION SURVEY) WHEN ESTABLISHING THE COMPENSATION IN THE CONTRACT. THE CONTRACT WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AT A PORTION OF A MEETING AT WHICH THE HEAD OF SCHOOL WAS NOT PRESENT. THE CONTRACT PROVIDES FOR AN INCREASE OF 2.0% TO THE BASE SALARY IN EACH SUCCESSIVE YEAR OF THE CONTRACT. ANNUALLY, A REVIEW OF THE PERFORMANCE OF THE HEAD OF SCHOOL IS CARRIED OUT BY A COMMITTEE CONSISTING OF TRUSTEES WHO ARE OFFICERS OR CHAIRS OF COMMITTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE SCHOOL ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).