2024-05-15T16:12:27+00:00 2023-06-30 363990892 Capin Crouse LLP 1330 Avenue of the Americas Suite 2 3A New York NY 10019 990 2022-07-01 010880911 Ross Institute ROSS 6319075102 18 Goodfriend Drive East Hampton NY 11937 Nicole Ross Eloff President 6319075102 2024-05-15 true Lee Feldman 999009999 true Sara Tibbott P01486965 5055022746 2022 2023-04-26 12:10:37Z The Ross School Nicole Ross Eloff 18 Goodfriend Drive East Hampton NY 11937 28637193 false X www.rossinstitute.org X 1993 NY To change the way education meets the future through leadership & engaging the global community. 14 12 314 83 70405 0 658227 3839441 23884203 24732953 3290 14669 69771 50130 24615491 28637193 3586197 3591324 0 0 12745336 13533201 0 0 94379 18341985 16993811 34673518 34118336 -10058027 -5481143 63989493 60786215 20318096 22595961 43671397 38190254 X Our mission is to change the way education meets the future; to foster interdisciplinary, integrated thinking and innovative leadership; to engage fully in the global community; and to facilitate lifelong learning. false false 27098904 3591324 20575963 Tuition and fees - Offer an Early Childhood education program (Pre-Nursery to Pre-K) and K-12 college preparatory curriculum with campuses in East Hampton and Bridgehampton, New York. Ross also has a boarding program for grades 6-12. For the fiscal year 2023, approximately 380 students were enrolled. 1847653 964645 The Tennis Center is open to the public after school hours. There are a variety of different programs and services offered - clinics, classes, court rentals, tournaments, mixers, match plays, summer camps and lessons. The Tennis Academy program (RSTA) runs during the week and is a small, intimate program that allows players to develop lasting relationships with coaches while receiving personalized instruction. Athletes who attend RSTA receive high-performance tennis training while following a stimulating college preparatory curriculum with their peers during the school year. Adult classes run in the morning and about 80 adults enroll per session. After school programs range from ages 5-15 and about 110 kids are enrolled in this program. Court rentals are offered on the weekends with about 100 clients regularly booking court rentals. Lessons are offered after school and on the weekends with ages ranging from 3-70. Ross has about 180 clients regularly booking lessons. Junior tournaments and match plays are offered on the weekends for ages 8-18 and about 200 kids normally sign up for tournaments. The summer camp is held from June - August for ages 5-16 with about 300 kids enrolled. 1847653 2782933 Summer camp income - Summer camp for children Pre-Nursery to grade 12. This includes tennis sports camp, innovation lab, ESOL, Mathematics and SAT prep for the students enrolled. 389137 Other school programs - Auxiliary programs and income, including TECH program, housing for summer teachers, yearbook income and other various school programs and support activities. 389137 30794210 true true false false false false false false true true false false true true false false true true false true false false false false false false false true true false false false true false false false false false false false false true false false false false true X 71 0 true 314 true true true false false false false false false false false false false false X 14 12 true false false false false false false true true false false true true true true true true false true false NY X Valerie Vlacancich 6319075102 18 Goodfriend Drive East Hampton NY 11937 Brett McGonegal Co-Chairperson 1.0 X X 0 0 0 Elise Trucks Secretary Office Mgr Admin & Adv. (part year) 1.0 X X 81888 0 9819 John Collier Co-Chairperson 1.0 X X 0 0 0 Lee Feldman Treasurer 1.0 X X 0 0 0 Nicole Ross Eloff President 20.0 X X 0 0 0 Robert Eloff Treasurer (part year), Trustee 1.0 X X 0 0 0 Alexandra Fairweather Trustee 1.0 X 0 0 0 Ali Pratt Trustee, PA President 1.0 X 0 0 0 Ann Stewart Trustee, PA President 1.0 X 0 0 0 Christina DiDonna Trustee 1.0 X 0 0 0 Emily Tisch Sussman Trustee 1.0 X 0 0 0 Genie Egerton-Warbuton Trustee 1.0 X 0 0 0 Lawrence Steyn Trustee (part year) 1.0 X 0 0 0 Lisa Frohlich Trustee 1.0 X 0 0 0 Lori Schiaffino Trustee (part year) 1.0 X 0 0 0 Marquis Green Trustee (part year) 1.0 X 0 0 0 Martial Toussaint Trustee 1.0 X 0 0 0 Stephanie Schuman Trustee 1.0 X 0 0 0 Valerie Vlacancich CFO 50.0 X 190409 0 21032 Thomas Sturtevant Head of School 50.0 X 181290 0 50690 Bryan Rosenberg Head of Lower School 50.0 X 156213 0 9367 Edoardo Tessaro Tennis Pro 50.0 X 149334 0 0 Vinicius Carmo Director of Tennis 50.0 X 142476 0 1052 William O'Hearn Head of School & Head of High School 50.0 X 137605 0 54662 Charles Abelmann Former Head of School 50.0 X 337965 0 72103 1377180 0 218725 14 true true false Pond View Services Inc 12 Gay Rd 473 East Hampton NY 11937 Security services 411745 Montauk Bus Inc 209 Wading River Rd Center Moriches NY 11934 Transportation services 308304 Arent Fox LLP PO Box 7247 Philadelphia PA 19170 Legal services 192671 Schulte Roth & Zabel LLP 919 Third Ave New York NY 10022 Legal services 164680 Give Volunteers 1900 W Nickerson St 123 Seattle WA 98119 Travel agency services 164665 10 3530543 308898 3839441 Tuition and fees 900099 20575963 20575963 Summer camp income 900099 2782933 2782933 Tennis center income 900099 1035050 964645 70405 Other school programs 900099 339007 339007 0 0 0 0 24732953 14669 14669 0 0 0 0 50130 50130 0 0 50130 28637193 24712678 70405 14669 3591324 3591324 0 0 754969 682911 68837 3221 152199 137672 13878 649 10743687 9718352 979506 45829 1058145 956926 96695 4524 824201 745542 75143 3516 173885 173885 82319 82319 1298322 991437 306834 51 102909 102909 1011743 993014 18233 496 131531 119271 12260 3266943 3260597 5711 635 1390365 1390309 56 654361 175658 474799 3904 6210437 5983788 203984 22665 537840 505570 26892 5378 Food & meals 662786 659826 2960 Repairs & maintenance 643526 621769 19655 2102 Bad debt 298811 298811 Dues & memberships 132991 104224 28009 758 395042 156020 238371 651 34118336 30794210 3229747 94379 7234889 7814830 1009811 460635 146930 35000 274395 310350 72127 72127 0 796217 607057 175401379 127340326 53882344 48061053 346680 346680 0 226100 3078483 63989493 60786215 2837001 2701936 6910943 5894115 8506498 9030826 2049674 2000000 13980 2969084 20318096 22595961 X 42031176 37181948 1640221 1008306 43671397 38190254 63989493 60786215 -5481143 0 X false true X true false X 4114503 3354616 3037657 658227 3839441 15004444 0 0 4114503 3354616 3037657 658227 3839441 15004444 3962299 11042145 98928 83705 4267 3290 14669 204859 0 0 0 0 0 0 0 72779 25576 69771 50130 218256 15427559 118921072 0.7157 0.6201 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC INCOME, COLUMN A - , COLUMN B - 72779.0, COLUMN C - 25576.0, COLUMN D - 69771.0, COLUMN E - 50130.0, COLUMN F - 218256.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 346680 346680 446659 21 100000 346680 446552 107 446659 446361 191 446552 196171 250000 190 446361 0.0 1.0 0.0 false false 13409064 13409064 132536463 98393933 34142530 1567945 1214408 353537 10530632 10374710 155922 17357275 17357275 0 48061053 Deposits and advances 147320 Operating lease-right-of-use assets 2786331 Financing lease-right-of-use assets 144832 3078483 Capital lease obligation Operating lease liabilities 2819837 Financing lease liabilities 149247 2969084 25045869 0 0 25045869 3591324 3591324 28637193 30527012 0 0 30527012 3591324 3591324 34118336 Schedule D, Part V, Line 4 Intended uses of endowment funds Each fiscal year, the Institute is authorized to expend from the Scholarship Fund (endowment) an amount equal to four and one-half percent of the principal of the endowment as of the first business day of such year, or such other amount as shall be mutually agreed upon by the donor or the donor's designated representatives and the Ross School. The endowment payout shall be paid first from the income of the endowment and, if and to the extent that such income is insufficient, from the principal of the endowment. If the income of the endowment in any fiscal year exceeds the authorized payout amount for such year, the excess will be added to principal at the end of such fiscal year. The endowment payout for each fiscal year shall be used to award scholarships to help support the tuition of one or more students at the Institute entering the ninth grade who have exhibited a deep interest in or enjoyment of the arts and/or sciences, especially the environmental sciences, and who are eligible on a needs basis for financial aid at the Institute. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships and financial aid - 3591324 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships and financial aid - 3591324 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. South Asia 0 0 Program Services Field trips 281983 Sub-Saharan Africa 0 0 Program Services Field trips 274487 East Asia and the Pacific 0 0 Program Services Field trips 215878 0 0 0 0 0 0 772348 0 772348 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual true Scholarships 187 3591324 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The assistance provided by the Institute is in the form of academic scholarships to attend the Ross School and financial assistance to attend the summer camp program conducted by the Institute. Records are maintained documenting the participants who receive aid and the rationale for providing aid to each participant. No cash changes hands and funds are directly tied to student accounts. X true true true false false false false false false false false Valerie Vlacancich CFO 189538 0 0 0 871 0 0 0 21032 0 211441 0 0 0 Thomas Sturtevant Head of School 179893 0 0 0 1397 0 0 0 50690 0 231980 0 0 0 William O'Hearn Head of School & Head of High School 136984 0 0 0 621 0 0 0 54662 0 192267 0 0 0 Bryan Rosenberg Head of Lower School 156080 0 0 0 133 0 0 0 9367 0 165580 0 0 0 Charles Abelmann Former Head of School 184318 0 0 0 153647 0 0 0 72103 0 410068 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use Housing Allowance: As a condition of employment, and as a convenience to the Institute, the Head of School and Head of School & Head of High School are provided a home near Ross Institute. The home is provided as a nontaxable benefit to the Head of School and the Head of School & Head of High School. Schedule J, Part I, Line 4a Severance or change-of-control payment Charles Abelmann, Former Head of School, received a severance payment of $152,991 during the 2022 calendar year. Courtney S Ross Founder / Sub. Contributor / Family member - N. Eloff, Pres. & R. Eloff. Operating line of credit X 18206070 186441 false true true Courtney S Ross Founder / Sub. Contributor / Family member - N. Eloff, Pres. & R. Eloff. Receivable for costs incurred by Institute X 23557 72127 false true false Courtney S Ross Founder / Sub. Contributor / Family member - N. Eloff, Pres. & R. Eloff. Promissory Note for paying BOA loan down on behalf of the Institute X 3760460 8844385 false true true 9102953 Form 990, Part III, Line 4d Description of other program services (Expenses $ including grants of $)(Revenue $ 389,137) Other school programs - Auxiliary programs and income, including TECH program, housing for summer teachers, yearbook income and other various school programs and support activities. Form 990, Part V, Line 2a Ross Institute does not file any W-2s as all employees are outsourced from a professional employment organization (PEO). The number reported on this line represents the number of employees the filing organizations leased from the PEO. Ross Institute reimburses the professional employment organization for the employees' compensation and the reimbursements are reported on 990 Part VII, Section A and 990 Part IX, Lines 5 - 10. Form 990, Part VI, Line 15a The organization does not compensate the top management official. Therefore, this line was answered no in accordance with the instructions Form 990, Part VI, Line 1a Delegate broad authority to a committee The Board of Trustees may, by resolution, designate five or more trustees (one of whom shall be the Chairperson of the Board of Trustees) to constitute an Executive Committee, and delegate to the Executive Committee any of the powers and authority of the Board of Trustees in the management of the business and affairs of the Corporation, except for: the amendment or repeal of Bylaws or the adoption of new Bylaws; the amendment or repeal of any resolution of the Board of Trustees that by its express terms is not so amendable or repealable; the filling of vacancies in the Board of Trustees or in any committee; the approval of any transaction in which a trustee or officer has an interest; and the granting of degrees or making removals from office. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Nicole Ross Eloff, President and Robert Eloff, Treasurer, Trustee - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm. A preliminary draft of the organization's Form 990, including all required schedules, was provided to management. Management reviewed the draft Form 990 in detail, consulted with the organization's accountants and tax return preparers, and took all other measures necessary and appropriate to ensure that the final version of the Form 990 is complete and accurate to the best of their knowledge. A copy of the final version of the Form 990, including all required schedules, was provided to each member of the organization's Board of Trustees prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Each director, principal officer, key employee, and member of a committee with governing board delegated powers signs a conflict of interest statement annually which is reviewed by the officers. Should any potential conflicts of interest be disclosed, the interested party would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15b Process to establish compensation of other employees The Compensation Committee approves the officers and key employees compensation by performing an analysis and utilizing appropriate data as to the comparability of the compensation. The approval process was documented in the minutes. Form 990, Part VI, Line 19 Required documents available to the public The School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc Income - Total Revenue: 50130, Related or Exempt Function Revenue: 50130, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; RSIL26 LLC 18 Goodfriend Drive East Hampton NY 11937 Real estate management NY 0 0 Ross Institute Ross Digital Delivery LLC 18 Goodfriend Drive East Hampton NY 11938 Digital delivery of curriculum NY 0 0 Ross Institute