2024-05-14T19:07:56-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 221487165 DWIGHT-ENGLEWOOD SCHOOL DWIG 2015699500 315 E PALISADE AVENUE ENGLEWOOD NJ 07631 ANGELA M ARTALE CHIEF FINANCIAL OFFICER 2015699500 2024-05-14 1 ANGELA ARTALE XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEREMY GREGERSEN 315 E PALISADE AVENUE ENGLEWOOD NJ 07631 119636795 0 X WWW.D-E.ORG X 1925 NJ AS A COMMUNITY OF LEARNERS, DWIGHT-ENGLEWOOD SCHOOL STRIVES TO FOSTER IN EACH STUDENT A PASSION FOR LIFE-LONG LEARNING. WE SEEK EXCELLENCE, HONOR, INTEGRITY, AND EMBRACE DIVERSITY IN ORDER TO DEVELOP THE SKILLS, VALUES, AND COURAGE TO MEET THE CHALLENGES OF A CHALLENGING WORLD AND MAKE IT BETTER. 23 21 497 275 0 0 3918917 4100405 54442234 57440811 1402209 1391608 288040 21420 60051400 62954244 5463157 5848606 0 0 35293139 38403856 0 0 1629108 16479461 15993253 57235757 60245715 2815643 2708529 156336853 160613324 73530877 73230294 82805976 87383030 THE PURPOSE OF THE CORPORATION SHALL BE TO CONDUCT AND MAINTAIN DWIGHT-ENGLEWOOD SCHOOL FOR THE EDUCATION OF STUDENTS. THE SCHOOL SHALL PROMOTE STUDENT'S PASSION FOR LIFE-LONG LEARNING AS NECESSARY TO MEET THE CHALLENGES OF A CHANGING WORLD. 0 0 46427707 5848606 54613409 INSTRUCTIONAL - DWIGHT-ENGLEWOOD SCHOOL PROVIDES EDUCATION FOR ALL ENROLLED STUDENTS, APPROXIMATELY 1,000 STUDENTS FROM PRE-KINDERGARTEN THROUGH HIGH SCHOOL, GRADE 12. 5856981 0 2833233 AUXILIARY OPERATIONS - PROVIDES SUMMER SCHOOL PROGRAMS, BOOKSTORE SERVICES, FOOD SERVICES, AFTER SCHOOL & ENRICHMENT PROGRAM SERVICES, AND TRANSPORTATION SERVICES TO ENROLLED STUDENTS. 52284688 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 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 1 109 0 497 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X ANGELA M ARTALE CFO 2015699500 315 E PALISADE AVENUE ENGLEWOOD NJ 07631 ROBERT MILLER PRESIDENT 10.00 X X 0 0 0 JOSHUA PEIREZ FIRST VICE PRESIDENT 4.00 X X 0 0 0 AMI VAIDYA VICE PRESIDENT 4.00 X X 0 0 0 SABA NWANKPAH SECRETARY 4.00 X X 0 0 0 PETER KEUM TREASURER 4.00 X X 0 0 0 KAREN ABRAMSON TRUSTEE 4.00 X 0 0 0 JOSH BAUMGARTEN TRUSTEE 4.00 X 0 0 0 NELLY BLY TRUSTEE 4.00 X 0 0 0 CANDICE BRAUN TRUSTEE 4.00 X 0 0 0 CARLOS DE ALBA TRUSTEE 4.00 X 0 0 0 CARALYN FULD TRUSTEE 4.00 X 0 0 0 MARK GREENE TRUSTEE 4.00 X 0 0 0 THERESA HAZELTON TRUSTEE 4.00 X 0 0 0 JEREMY KROLL TRUSTEE 4.00 X 0 0 0 MICHAEL LEITER TRUSTEE 4.00 X 0 0 0 SCOTT MAGER TRUSTEE 4.00 X 0 0 0 MICHAEL MALHAME TRUSTEE 4.00 X 0 0 0 MICHAEL MORAN TRUSTEE THRU DEC 2022 4.00 X 0 0 0 DAVID ORLOFSKY TRUSTEE 4.00 X 0 0 0 CANDACE RABINOWITZ TRUSTEE 4.00 X 0 0 0 JENNIFER RICH TRUSTEE 4.00 X 0 0 0 SEAN LARRY STEVENS TRUSTEE 4.00 X 0 0 0 ALLYSON TUCKER-MITCHELL TRUSTEE 4.00 X 0 0 0 NANAR YOSELOFF TRUSTEE 4.00 X 0 0 0 JEREMY GREGERSEN HEAD OF SCHOOL 60.00 X 253555 0 203967 PATRICIA G BOIG INTERIM HEAD OF SCHOOL THRU DEC 2022/DIR. ADVAN. 55.00 X 677639 0 30603 ANGELA M ARTALE CHIEF FINANCIAL OFFICER 55.00 X 427372 0 31280 KIMBERLY LALLI INTERIM UPPER SCHOOL PRINCIPAL 55.00 X 155004 0 77547 JONATHAN DAVIS MIDDLE SCHOOL PRINCIPAL 55.00 X 298211 0 88338 PREETI FIBIGER LOWER SCHOOL PRINCIPAL 55.00 X 291896 0 42030 HAROLD BATISTE III ASST HEAD OF SCHOOL FOR ENGAGEMENT 50.00 X 374048 0 31280 TREVOR SHAW DIR. OF ACADEMIC TECHNOLOGY 50.00 X 251355 0 26788 LYNDA SORIANO DIRECTOR OF HR 50.00 X 226668 0 61210 EILEEN C FEIKENS DEAN OF COLLEGE COUNSELING 50.00 X 227466 0 19976 SHERRONDA BROWN DIRECTOR OF DE 360 50.00 X 223792 0 69977 RODNEY DE JARNETT FORMER HEAD OF SCHOOL 0.00 X 850186 0 46382 JOSEPH ALGRANT FORMER UPPER SCHOOL PRINCIPAL 0.00 X 200155 0 3283 4457347 0 732661 86 1 1 0 CATER TO YOU INC 120 BROADWAY SUITE 1020 NEW YORK NY 10012 FOOD SERVICE 1881588 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 606731221 TRANSPORTATION 1571001 GRIFFITH CONSTRUCTION CORP 439 VICTOR WAY WYCKOFF NJ 07481 CONSTRUCTION 450770 CARNEY SANDOE & ASSOCIATES INC 5070 NORTH HIGHWAY A1A SUITE 260 VERO BEACH FL 329639942 RECRUITING COMPANY 272508 GRAND CLASSROOM P O BOX 7166 CHARLOTTESVILLE VA 22906 TRAVEL TOUR SERVICE 266954 11 629716 624926 2845763 712778 4100405 TUITION AND FEES 611600 54101838 54101838 AUXILIARY REVENUE 611600 2827402 2827402 FEES & OTHER 611600 511571 511571 57440811 1192774 1192774 56594372 56395538 198834 198834 198834 177762 629716 172840 4922 4922 120004 114173 5831 5831 OTHER REVENUE 900099 10667 10667 10667 62954244 57446642 0 1407197 5848606 5848606 2899572 2474708 310452 114412 500000 500000 26204645 22364977 2805683 1033985 1444164 1263651 128784 51729 5358365 4781374 410305 166686 1997110 1764971 170311 61828 87271 87271 39726 39726 155097 155097 495606 146023 315405 34178 195332 21919 173413 176045 94760 68611 12674 845460 775481 46704 23275 731109 686021 27035 18053 2234370 2234370 873905 680046 148828 45031 1468834 1395392 73442 3640734 3458699 182035 707759 297595 410164 FOOD SERVICES 1301380 1301380 SUPPLIES/BOOKS/MATERIAL 1115073 959018 98377 57678 FACILITIES MAINTENANCE 952676 903695 48981 STUDENT ACTIVITIES 363316 363316 609560 468686 131295 9579 60245715 52284688 6331919 1629108 900 900 34475171 21656213 2377878 1510349 1755260 1885711 42467 32864 451850 601195 128194057 42373762 88416985 85820295 27579517 40819522 1190447 8257301 46378 28974 156336853 160613324 5622073 5983519 13009084 13632795 54899720 53613980 73530877 73230294 X 69552768 73846232 13253208 13536798 82805976 87383030 156336853 160613324 X 2708529 2188525 -320000 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19766326 217991 2048461 574378 21458400 12425772 10603148 -2678294 584300 19766326 10425575 4564 2548981 553348 12425772 10699272 5125 -10507 268315 10425575 10445220 23461 482833 252242 10699272 0.56000 0.31450 0.12550 0 0 9092230 9092230 100398608 33294786 67103822 12072135 5031399 7040736 6457222 3978069 2479153 173862 69508 104354 85820295 HEDGE FUNDS 6463777 F PRIVATE EQUITY FUNDS 588642 F OTHER POOLED INVESTMENT FUNDS 1204882 F 8257301 X 58225501 2188525 114173 2302698 55922803 155097 6876344 7031441 62954244 53648447 434173 434173 53214274 155097 6876344 7031441 60245715 PART V, LINE 4: THE ENDOWMENT SUPPORTS FACULTY SALARIES, FINANCIAL AID GRANTS AND OTHER EDUCATIONAL PURPOSES INCLUDING BUT NOT LIMITED TO THE LIBRARY, FACILITIES NEEDS AND PROGRAM. 2021 ENDOWMENT FUNDS ACTIVITY: $300,848 OF THE AMOUNT REPORTED AS 2021 CONTRIBUTIONS RESULTS FROM A CHANGE IN PRESENTATION OF THE AUDITED FINANCIAL STATEMENTS ENDOWMENT FOOTNOTE IN 2021. IN COLUMN (C), THE ADJUSTMENT IS INCLUDED IN TOTAL CONTRIBUTIONS. 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: COST OF GOOD SOLD INCLUDED ON PART VIII, LINE 10B 114,173. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID INCLUDED ON PART IX, LINE 2 5,848,606. TUITION REMISSION INCLUDED ON PART IX, LINE 9 1,022,738. OTHER EXPENSES INCLUDED ON PART IX, LINE 24 5,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGES 320,000. COST OF GOOD SOLD INCLUDED ON PART VIII, LINE 10B 114,173. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID INCLUDED ON PART IX, LINE 2 5,848,606. TUITION REMISSION INCLUDED ON PART IX, LINE 9 1,022,738. OTHER EXPENSES INCLUDED ON PART IX, LINE 24 5,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, PUBLICATIONS, ADMISSION BROCHURES, ETC. A GENERAL STATEMENT OF NON-DISCRIMINATION IS ALSO PUBLICIZED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GOODS AND SERVICES FOR NURSING, TECHNOLOGY AND TEXTBOOKS AND SECURITY ENHANCEMENTS FROM THE STATE OF NEW JERSEY, DEPARTMENT OF EDUCATION. THE SCHOOL ALSO RECEIVES GOODS FROM THE "EANS" EMERGENCY ASSISTANCE PROGRAM TO NON PUBLIC SCHOOLS FOR COVID RELATED IMPACT AND RETURNED TO SCHOOL COSTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 3424483 0 0 0 0 0 0 3424483 0 3424483 1 0 1 0 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 1: THE ORGANIZATION IS REQUIRED TO FILE FORMS 926 BECAUSE IT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. SCHEDULE F, PART IV, LINE 3: THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. SCHEDULE F, PART IV, LINE 5: THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 8865 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. BULLDOG BASH 807478 629716 177762 119678 30604 22558 807478 629716 177762 119678 30604 22558 172840 4922 1 SCHOLARSHIP FOR TUITION 171 5545028 SCHOLARSHIP FOR BOOKS & EDUCATION SUPPLIES 111 65659 SCHOLARSHIP FOR TRANSPORTATION TO SCHOOL 58 237919 PART I, LINE 2: THE SCHOOL PARTNERS WITH SSS (SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID) TO PROCESS FINANCIAL AID APPLICATIONS AND HELP DETERMINE NEED. THE SCHOOL USES THE ANALYSIS OF SSS IN DETERMINING THE AMOUNT OF EACH STUDENT'S FINANCIAL AID AWARD. DECISIONS FOR ADMISSIONS AND FINANCIAL AID ARE MADE BY TWO SEPARATE COMMITTEES. INFORMATION ABOUT THE FINANCIAL AID PACKAGE IS REFLECTED IN THE ONLINE ENROLLMENT CONTRACT AND BY A SEPARATE LETTER FROM THE FINANCIAL AID COMMITTEE. THE STUDENT'S TUITION BILL IS REDUCED BY THE AMOUNT OF THE FINANCIAL AID AWARDED. X X 1 0 X X X X 1 1 0 0 0 0 0 0 0 RODNEY DE JARNETT FORMER HEAD OF SCHOOL 378438 0 0 0 471748 0 23042 0 23340 0 896568 0 381045 0 PATRICIA G BOIG INTERIM HEAD OF SCHOOL THRU DEC 2022/DIR. ADVAN. 652624 0 0 0 25015 0 14752 0 15851 0 708242 0 0 0 ANGELA M ARTALE CHIEF FINANCIAL OFFICER 426340 0 0 0 1032 0 15250 0 16030 0 458652 0 0 0 JEREMY GREGERSEN HEAD OF SCHOOL 200900 0 0 0 52655 0 105958 0 98009 0 457522 0 0 0 HAROLD BATISTE III ASST HEAD OF SCHOOL FOR ENGAGEMENT 371667 0 0 0 2381 0 15250 0 16030 0 405328 0 0 0 JONATHAN DAVIS MIDDLE SCHOOL PRINCIPAL 263221 0 0 0 34990 0 13808 0 74530 0 386549 0 0 0 PREETI FIBIGER LOWER SCHOOL PRINCIPAL 255627 0 0 0 36269 0 12750 0 29280 0 333926 0 0 0 SHERRONDA BROWN DIRECTOR OF DE 360 223240 0 0 0 552 0 15840 0 54137 0 293769 0 0 0 LYNDA SORIANO DIRECTOR OF HR 204584 0 0 0 22084 0 12000 0 49210 0 287878 0 0 0 TREVOR SHAW DIR. OF ACADEMIC TECHNOLOGY 250803 0 0 0 552 0 17550 0 9238 0 278143 0 0 0 EILEEN C FEIKENS DEAN OF COLLEGE COUNSELING 226434 0 0 0 1032 0 15946 0 4030 0 247442 0 0 0 KIMBERLY LALLI INTERIM UPPER SCHOOL PRINCIPAL 154818 0 0 0 186 0 8353 0 69194 0 232551 0 0 0 JOSEPH ALGRANT FORMER UPPER SCHOOL PRINCIPAL 184732 0 0 0 15423 0 1541 0 1742 0 203438 0 0 0 PART I, LINE 1A AS OUTLINED IN THE EMPLOYMENT AGREEMENTS WITH THE SCHOOL, THE HEAD OF SCHOOL IS REQUIRED TO RESIDE ON CAMPUS TO MEET THE ONGOING NEEDS OF THE SCHOOL COMMUNITY UNDER SECTION 119. THE SCHOOL PROVIDED THE HEAD OF SCHOOL WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $40,000. THE HOUSING ALLOWANCE WAS TREATED AS NONTAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, COLUMN D. THE SCHOOL ALSO PROVIDED THE FORMER UPPER SCHOOL PRINCIPAL WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $14,565 DURING CY2022. THE HOUSING ALLOWANCE WAS TREATED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, COLUMN B(III). PART I, LINES 4A-B RODNEY DE JARNETT, FORMER HEAD OF SCHOOL, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $444,552 DURING CY2022. THIS WAS TREATED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, COLUMN B(III). RODNEY DE JARNETT, FORMER HEAD OF SCHOOL, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DURING CY2022. THERE WERE NO DISTRIBUTIONS OR CONTRIBUTIONS IN CY2022. THE PLAN WAS FORFEITED IN CY2022. JEREMY GREGERSEN, HEAD OF SCHOOL, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DURING THE YEAR. THERE WERE SCHOOL MADE A CONTRIBUTION OF $100,000 DURING THE YEAR TO THE PLAN. A PUBLIC FUNDING AUTHORITY 273866126 000000000 2021-03-25 56688830 REFINANCING FOR 2017 BONDS/MORTGAGE 0 0 0 A 1296854 56688830 333380 56355450 2017 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 93900 FINANCIAL AID EDUCATION OF CHILDREN X 49968 COST X 11 87852 SALES PRICE X TEXTBOOK & OTHER SUPPLIES 1 464638 COST X NURSING SUPPLIES 1 110320 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE COMPLETED FORM IS THEN REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES TOGETHER WITH THE OUTSIDE ACCOUNTING FIRM, AND THE CFO. THE COMPLETED RETURN IS MADE AVAILABLE TO THE MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW VIA THE ELECTRONIC PORTAL, BOARDABLE. THE EXECUTIVE COMMITTEE CONSIDERS FEEDBACK, IF ANY, AND APPROVES THE FORM 990 TO SUBMIT FOR E-FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH THE BOARD ANNUALLY MONITORS AND ENFORCES. THE BOARD MANDATES EACH TRUSTEE, OFFICER AND KEY EMPLOYEE OF THE SCHOOL TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE. AFTER DISCLOSURE OF THE INTEREST AND ALL OTHER MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE EXECUTIVE COMMITTEE WILL REVIEW THE CONFLICT AND DETERMINE IF THE CONFLICT DISQUALIFIES THE TRUSTEE/COMMITTEE MEMBER FROM PARTICIPATING IN DISCUSSIONS OF, OR VOTING ON, A TRANSACTION OR OTHERWISE PARTICIPATING IN A PARTICULAR DECISION OF THE BOARD OR RELEVANT COMMITTEE. DESPITE A TRUSTEE/COMMITTEE MEMBER'S CONFLICT, THE BOARD OF TRUSTEES MAY AUTHORIZE OR RATIFY THE CONFLICTED TRANSACTION BY A MAJORITY OF VOTES CAST. THE EXISTENCE AND RESOLUTION OF THE CONFLICT WILL BE DOCUMENTED IN THE SCHOOL'S RECORDS, INCLUDING IN THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT WAS DISCUSSED OR VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL PARTICIPATES IN VARIOUS ANNUAL COMPENSATION SURVEYS WITH COMPARABLE SCHOOLS TO DETERMINE THE FAIR COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE COMPARISON GROUPS INCLUDE APPROXIMATELY 50 SCHOOLS SIMILAR TO THE DWIGHT-ENGLEWOOD SCHOOL SIZE AND STRUCTURE, WHICH INCLUDES COED DAY SCHOOLS, PRESCHOOL THROUGH GRADE 12. ANNUALLY, THE COMPENSATION COMMITTEE REVIEWS AND COMPARES NATIONAL AND REGIONAL HEAD OF SCHOOL COMPENSATION DATA WHICH INCLUDES SALARY, EXECUTIVE LEVEL AND GENERAL BENEFITS. THE DATA IS GATHERED THROUGH AND OBTAINED FROM INDEX AND NAIS. THE HEAD OF SCHOOL'S PERFORMANCE IS EVALUATED ANNUALLY BY THE COMPENSATION COMMITTEE AS DESIGNATED BY THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL CONDUCTS A PERFORMANCE REVIEW OF OTHER OFFICER AND KEY EMPLOYEES ON AN ANNUAL BASIS. DATA OBTAINED FROM INDEX AND NAIS IS REVIEWED AND COMPARED TO DETERMINE OR SUPPORT THE LEVEL OF COMPENSATION AND INCREASES. THE COMPENSATION OF THE HEAD OF SCHOOL STATED IN THE EMPLOYMENT CONTRACT IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD NO LESS THAN 3 YEARS. THE HEAD OF SCHOOL PERFORMANCE IS EVALUATED ANNUALLY BY THE COMPENSATION COMMITTEE. THE COMMITTEE TOGETHER WITH THE HEAD OF SCHOOL ESTABLISHES GOALS AND OBJECTIVES EACH CONTRACT YEAR. 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 RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, AND FORM 990 ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE PLEDGES -320,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.