2024-05-13T11:42:59-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 135562983 THE CITY AND COUNTRY SCHOOL INC CITY 2122427802 146 WEST 13TH STREET NEW YORK NY 10011 MIKE JACKSON DIR. OF FINANCE & OPERATIONS 2122427802 2024-05-13 1 MIKE JACKSON 999009999 1 MELISSA MODELSON P01603524 9143818900 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK PATTI 146 WEST 13TH STREET NEW YORK NY 10011 23972695 0 X WWW.CITYANDCOUNTRY.ORG X 1914 NY TO PROVIDE FOR THE EDUCATIONAL NEEDS OF CHILDREN FROM NURSERY THROUGH EIGHTH GRADE. 21 14 162 100 0 0 5061793 3616255 16791744 17973592 223484 639906 -34958 -28651 22042063 22201102 3297950 3560582 0 0 12953215 13077587 54000 24000 554438 6413558 6393721 22718723 23055890 -676660 -854788 49971219 52016974 17852947 19489139 32118272 32527835 SEE SCHEDULE O. 0 0 18256689 3560582 17973592 CITY AND COUNTRY SCHOOL IS AN INDEPENDENT SCHOOL LOCATED IN NEW YORK CITY. THE SCHOOL PROVIDES FOR THE EDUCATIONAL NEEDS FOR CHILDREN AGES 2-13. BELIEVING THAT EDUCATION IS FUNDAMENTALLY A SOCIAL PROCESS, THE SCHOOL STRIVES TO CREATE A VITAL SCHOOL COMMUNITY THAT SUPPORTS CHILDREN'S INNATE PASSION FOR LEARNING WHILE ALSO EXPANDING THEIR UNDERSTANDING OF COMMUNITIES AND CULTURES THAT EXIST BEYOND SCHOOL AND HOME. THE SCHOOL PROVIDED SERVICES TO 348 STUDENTS IN THE 2022 - 2023 SCHOOL YEAR. 18256689 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 1 56 0 162 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MIKE JACKSON 2122427802 146 WEST 13TH STREET NEW YORK NY 10011 X SCOTT MORAN PRINCIPAL 45.00 X X 422162 0 76788 MEGAN HOLLAND TEACHER TRUSTEE 40.00 X 88547 0 19217 JOSH CENDER CHAIR 10.00 X X 0 0 0 TODD TRILLER TREASURER 4.00 X X 0 0 0 KATE BOSTOCK-SHEFFERMAN SECRETARY 9.00 X X 0 0 0 ALFRED BLITZER TRUSTEE 1.00 X 0 0 0 SHEELAH FEINBERG TRUSTEE 1.00 X 0 0 0 KEVIN GILLESPIE TRUSTEE 1.00 X 0 0 0 AZ JENKINS TRUSTEE 1.00 X 0 0 0 JOHN KOLZ TRUSTEE 1.00 X 0 0 0 BARRY MUNGER TRUSTEE 4.00 X 0 0 0 JENNIFER SAGE TRUSTEE 7.00 X 0 0 0 NAMITA TOLIA TRUSTEE 1.00 X 0 0 0 PAUL SALMON TRUSTEE 1.00 X 0 0 0 CRYSTAL WALD TRUSTEE 1.00 X 0 0 0 ADAM WINKEL TRUSTEE 1.00 X 0 0 0 MEGAN LAU TEACHER TRUSTEE 40.00 X 74818 0 24975 SUSAN KANE TRUSTEE 1.00 X 0 0 0 CATERINA PETERS TRUSTEE 1.00 X 0 0 0 THANH TRAN TRUSTEE 1.00 X 0 0 0 TRACEY MUMFORD TRUSTEE 1.00 X 0 0 0 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 40.00 X 261708 0 34883 PENNY ARNOLD DIR. OF DEVELOPMENT THRU JUNE 2023 40.00 X 177152 0 28872 GIRISH THADHANI CONTROLLER 40.00 X 174118 0 20894 ELISE BAUER DIRECTOR OF ADMISSIONS 40.00 X 172834 0 33255 JANE CLARKE DIRECTOR OF LOWER SCHOOL 40.00 X 167803 0 50861 KAREN BRANDT DIRECTOR OF UPPER SCHOOL 40.00 X 159124 0 35625 1698266 0 325370 26 0 1 0 PAWLEY INTERIOR CONTRACTING INC 336 EAST 94TH ST NEW YORK NY 10128 CONSTRUCTION SERVICES 685164 ELIOR CTY LLC 120 BROADWAY SUITE 1020 NEW YORK NY 10271 KITCHEN SERVICES 574239 SCHULTE ROTH & ZABEL LLP 760 PARKSIDE AVENUE SUITE 206 BROOKLYN NY 11226 LEGAL SERVICES 338392 MAS ELECTRICAL MAINTENANCE 318 WEST 39TH STREET 7TH FLOOR NEW YORK NY 10018 CLEANING SERVICES 301305 INTEGRATED SECURITY SERVICES INC 919 THIRD AVENUE NEW YORK NY 10022 SECURITY SERVICES 220171 11 239488 277610 3099157 64027 3616255 TUITION AND FEES 611110 17378978 17378978 AUXILIARY SERVICES 611110 553557 553557 PARENTS ASSOC EVENTS 611110 41057 41057 17973592 645577 645577 450 450 1606910 1612581 -5671 -5671 -5671 41725 239488 139365 -97640 -97640 5460 1200 4260 4260 11849 18447 -6598 -6598 INSURANCE REBATES 900099 27846 27846 OTHER INCOME 900099 22875 22875 NYS UNCLAIMED FUNDS 900099 20156 20156 70877 22201102 17973592 0 611255 3560582 3560582 1027493 289504 686805 51184 186151 38250 147901 9292163 7581970 1375621 334572 531825 439670 72230 19925 1214910 1005883 168988 40039 825045 567146 233161 24738 461112 461112 55450 55450 24000 24000 1943251 1521564 418040 3647 56198 35923 20275 323197 257670 45779 19748 264316 114779 149363 174 1118116 972996 142969 2151 74518 72766 1637 115 141052 86740 54312 1243044 1222782 15414 4848 88107 88107 INSTRUCTIONAL & AUXILIA 497637 497637 MISCELLANEOUS EXPENSE 64439 26750 28667 9022 BAD DEBT EXPENSE 41981 41981 MEMBERSHIP DUES 21303 21303 23055890 18256689 4244763 554438 3333570 4010910 11241570 11632696 919448 705608 124606 98184 37662724 14964578 22847841 22698146 11424039 11432081 80145 1439349 49971219 52016974 1025514 1319747 5773468 6361285 11053965 10424847 0 1383260 17852947 19489139 X 25744780 25325992 6373492 7201843 32118272 32527835 49971219 52016974 -854788 1264351 0 X X 0 1 X 1 0 X 2004256 1959124 5765069 5061793 3616255 18406497 2004256 1959124 5765069 5061793 3616255 18406497 2808302 15598195 330085 322583 205380 226250 646026 1730324 59170 93153 56875 61415 70877 341490 20478311 84801489 0.76170 0.79050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE REBATES - 2019 AMOUNT: $ 54,979. 2020 AMOUNT: $ 49,627. 2021 AMOUNT: $ 42,976. 2022 AMOUNT: $ 27,846. OTHER INCOME - 2018 AMOUNT: $ 59,170. 2019 AMOUNT: $ 7,027. 2020 AMOUNT: $ 6,662. 2021 AMOUNT: $ 5,919. 2022 AMOUNT: $ 22,875. IRS REFUND - 2019 AMOUNT: $ 31,147. 2020 AMOUNT: $ 586. APPLICATION FEES - 2021 AMOUNT: $ 9,900. LATE FEES - 2021 AMOUNT: $ 2,620. NYS UNCLAIMED FUNDS - 2022 AMOUNT: $ 20,156. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10235132 51500 1524243 30000 11780875 11406312 41600 -1182780 30000 10235132 8930788 36919 2468605 30000 11406312 8319003 316360 325425 30000 8930788 7538749 326500 486744 30000 2990 8319003 0.39510 0.56550 0.03940 0 0 5152000 5152000 29951545 12998441 16953104 168738 114529 54209 2172444 1851608 320836 217997 217997 22698146 LEASE LIABILITIES 1383260 1383260 X 20019871 1264351 3000 18447 1285798 18734073 3467029 3467029 22201102 19610308 3000 18447 21447 19588861 3467029 3467029 23055890 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF FOUR ENDOWMENT FUNDS WHOSE ASSETS ARE TO BE HELD IN PERPETUITY. THE INCOME FROM THE ASSETS CAN BE USED TO SUPPORT THE SCHOOL'S GENERAL ACTIVITIES. 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: COGS REPORTED ON PART VIII, LINE 10B 18,447. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID EXPENSES TO PART IX 3,467,029. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B 18,447. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID EXPENSES TO PART IX 3,467,029. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CITY AND COUNTRY SCHOOL ASSUMES AN ONGOING RESPONSIBILITY TO REFLECT THE DIVERSITY INHERENT IN NEW YORK CITY. WITH FAMILY AS THE PRIMARY SOURCE OF TRADITIONS AND VALUES, TEACHERS HELP CHILDREN APPRECIATE THEIR PERSONAL BACKGROUNDS AND IDENTITIES, WHILE ACCEPTING AND APPRECIATING THOSE OF OTHERS. THE SCHOOL IS PART OF THE INDEPENDENT SCHOOL ADMISSION ASSOCIATION OF GREATER NEW YORK (ISAAGNY). ISSAGNY PLACES A NON-DISCRIMINATION POLICY AD IN THE NEW YORK TIMES EACH YEAR ON BEHALF OF ALL ITS MEMBERS. THE SCHOOL'S NON-DISCRIMINATION POLICY CAN ALSO BE FOUND ON THE SCHOOL'S HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED REIMBURSEMENTS FROM THE NYS EDUCATION DEPARTMENT FOR SAFETY EQUIPMENT, MATHEMATICS, SCIENCE, AND TECHNOLOGY TEACHERS, AND FOR STATE MANDATES MET IN THE PRIOR SCHOOL YEAR. THE SCHOOL ALSO RECIEVED INTEREST FROM EMPLOYEE RETENTION CREDIT DURING THE SCHOOL YEAR. X X X X X X X 1 ORR GROUP 747 3RD AVENUE 34A NEW YORK NY 10017 FUNDRAISING CONSULTING 0 0 24000 -24000 24000 -24000 NY BENEFIT 281213 239488 41725 108131 31234 281213 239488 41725 108131 31234 139365 -97640 1 FINANCIAL AID FOR STUDENTS - TUITION 82 3348298 FINANCIAL AID FOR STUDENTS - AUXILIARY PROGRAMS 63 118731 NON-TUITION FINANCIAL AID FOR STUDENTS 19 93553 PART I, LINE 2: CITY AND COUNTRY SCHOOL AWARDS FINANCIAL AID TO STUDENTS BASED ON NEED. THE FINANCIAL AID IS A REDUCTION OF THE TUITION CHARGE OR AUXILIARY PROGRAM FEES DURING THE ACADEMIC YEAR. FAMILIES APPLYING FOR FINANCIAL AID SUBMIT AN APPLICATION VIA SSS (SCHOOL AND STUDENT SERVICES) BY NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS). SSS PERFORMS AN ANALYSIS OF INCOME, ASSETS, AND LIABILITIES IN AN EFFORT TO DETERMINE AN ESTIMATED AMOUNT THAT THEY BELIEVE THE FAMILY CAN AFFORD TO PAY FOR AN INDEPENDENT EDUCATION. THIS DATA IS COMPILED AND REVIEWED BY THE FINANCIAL AID COMMITTEE ALONG WITH SUPPORTING DOCUMENTATION TO DETERMINE THE AMOUNT OF FINANCIAL AID. X 0 0 X X X X 0 0 0 0 0 0 0 1 0 SCOTT MORAN PRINCIPAL 335717 0 15000 0 71445 0 30500 0 46288 0 498950 0 0 0 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 228848 0 10500 0 22360 0 20156 0 14727 0 296591 0 0 0 JANE CLARKE DIRECTOR OF LOWER SCHOOL 155419 0 10000 0 2384 0 17469 0 33392 0 218664 0 0 0 ELISE BAUER DIRECTOR OF ADMISSIONS 164761 0 7000 0 1073 0 16899 0 16356 0 206089 0 0 0 PENNY ARNOLD DIR. OF DEVELOPMENT THRU JUNE 2023 176311 0 0 0 841 0 14333 0 14539 0 206024 0 0 0 GIRISH THADHANI CONTROLLER 164033 0 5000 0 5085 0 8282 0 12612 0 195012 0 0 0 KAREN BRANDT DIRECTOR OF UPPER SCHOOL 145097 0 6000 0 8027 0 7909 0 27716 0 194749 0 0 0 PART I, LINE 1A THE PRINCIPAL OF THE ORGANIZATION, SCOTT MORAN, RECEIVES A TAXABLE HOUSING ALLOWANCE OF $50,000. PART I, LINE 7 CERTAIN INDIVIDUALS RECEIVED A DISCRETIONARY BONUS DURING THE YEAR REPORTED IN THEIR 2022 W-2. A INDUSTRIAL DEVELOPMENT AUTHORITY OF PHOENIX ARIZONA 522038405 000000000 2020-04-01 13134852 REFI ACQUISITION, CONSTRUCTION, IMPROVEMENT & EQUIPPING FACILITIES 2013 0 0 0 A 2541689 13134852 13134852 2013 1 0 1 1 A 0 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 119200 FINANCIAL AID FOR STUDENTS - TUITION TUITION DISCOUNT 6328 FINANCIAL AID FOR STUDENTS - AUXILIARY PROGRAMS AUXILIARY PROGRAM FEE DISCOUNT SAGE AND COOMBE ARCHITECTS TRUSTEE OWNS MORE THAN 35% OF THE COMPANY 270183 ARCHITECT SERVICES 0 X 2328 COST X 6 59099 AVG SELLING PRICE X 2 2600 COST 0 0 0 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN B, REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 1: TO CREATE A VITAL SCHOOL COMMUNITY THAT SUPPORTS THE CHILDREN'S INNATE PASSION FOR LEARNING WHILE ALSO EXPANDING THEIR UNDERSTANDING OF COMMUNITIES AND CULTURES THAT EXIST BEYOND SCHOOL AND HOME; BY POSTING QUESTIONS THAT ELICIT IMAGINATIVE THINKING, PROBLEM-SOLVING AND DECISION-MAKING IN PURSUIT OF A DEEPER PERSPECTIVE, AND IN THE PARTNERSHIP OF LEARNING AMONG CHILDREN AND TEACHERS, TO LIVE COMMUNITY THROUGH PURPOSEFUL EXPERIENCES THAT FOSTER RESPONSIBILITY, COOPERATION, ACTIVE PARTICIPATION, CARE, AND RESPECT QUALITIES NECESSARY TO THE LIFE OF A DEMOCRATIC SOCIETY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE AUDIT AND RISK COMMITTEE. AFTER APPROVAL FROM THE AUDIT AND RISK COMMITTEE, A COPY OF THE RETURN IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING, HOWEVER SCHEDULE B IS REDACTED TO PROTECT DONOR PRIVACY. ANY REQUIRED EDITS WERE COMMUNICATED TO MANAGEMENT AND REFLECTED IN THE FINAL RETURN FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, COMMITTEE MEMBERS, AND SENIOR STAFF ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. A TRUSTEE OR COMMITTEE MEMBER HAVING INTEREST IN A CONTRACT OR OTHER TRANSACTION COMING BEFORE THE BOARD FOR AUTHORIZATION, APPROVAL, CONSIDERATION OR RATIFICATION SHALL GIVE PROMPT, FULL AND FRANK DISCLOSURE OF THEIR INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. UPON SUCH DISCLOSURE, IT SHALL BE PRESENTED TO THE BOARD. THE BOARD SHALL DETERMINE, AT SUCH TIME AS THE DISCLOSURE IS MADE TO THAT BODY, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR COULD REASONABLY BE CONSTRUED TO EXIST. IT SHALL BE THE RESPONSIBILITY OF THE PRINCIPAL AND DIRECTOR OF FINANCE & OPERATIONS TO MAKE APPROPRIATE INQUIRY CONCERNING ANY SUBSTANTIAL FINANCIAL INTEREST. SUCH TRUSTEE OR COMMITTEE MEMBER MAY NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING WHEREIN THE CONTRACT OR TRANSACTION IS UNDER DISCUSSION OR IS BEING ACTED UPON. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL COMPENSATION IS DETERMINED ANNUALLY BASED ON A BOARD REVIEW PROCESS LED BY THE BOARD CHAIR, WITH CONSULTATION FROM THE EXECUTIVE COMMITTEE (WHICH INCLUDES THE HEAD OF THE COMMITTEE ON TRUSTEES, AS SPECIFIED IN C&C'S BYLAWS). HISTORICALLY THE PROCESS WAS MORE SUBJECTIVE AND LED BY COMPENSATION COMMITTEE OF THE BOARD. THAT COMMITTEE AND PROCESS WAS DEEMED TO BE TOO NARROW, AND THE PROCESS GOING FORWARD IS INTENDED TO BE MORE RIGOROUS. COMPENSATION WILL BE BASED ON A FORMAL, ANNUAL GOAL-SETTING AND REVIEW PROCESS. THE SCHOOL USES COMPARATIVE DATA TO HELP ENSURE THAT COMPENSATION REMAINS FAIR AND COMPETITIVE. THE HEAD OF SCHOOL'S COMPENSATION IS DOCUMENTED IS HIS EMPLOYEE CONTRACT. THE SCHOOL'S PRINCIPAL APPROVES ALL OTHER COMPENSATION, SUBJECT TO THE REVIEW AND APPROVAL OF THE BOARD WHEN THE ANNUAL OVERALL INCREASES ARE FIXED. THE PRINCIPAL OF THE SCHOOL UTILIZES SURVEY DATA AND TAKES INTO ACCOUNT LENGTH OF SERVICE AND PERFORMANCE WHEN SETTING COMPENSATION. THE COMPENSATION PROCESS OCCURS ANNUALLY. THIS PROCESS WAS LAST COMPLETE IN JUNE OF 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART VII: SCOTT MORAN, MEGAN LAU, AND MEGAN HOLLAND ARE REPORTING COMPENSATION IN PART VII AND SCHEDULE J (AS APPLICABLE) FOR SERVICES RENDERED TO THE SCHOOL AS AN EMPLOYEE. NONE OF THE INDIVIDUALS REPORTED ARE RECEIVING COMPENSATION FOR SERVING AS A TRUSTEE OF THE BOARD. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.