2024-05-13T13:28:45-05:00 2023-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2022-07-01 520591625 THE PARK SCHOOL OF BALTIMORE PARK 4103397070 2425 OLD COURT ROAD BALTIMORE MD 21208 DANIEL SCHOCHOR ASSOC HEAD FINANCE/OPS 4103397070 2024-05-10 1 DANIEL SCHOCHOR 999009999 0 SUSAN KELLER P00245169 4107275735 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIEL SCHOCHOR 2425 OLD COURT ROAD BALTIMORE MD 21208 63881688 0 X WWW.PARKSCHOOL.NET X 1940 MD TO PROVIDE EDUCATION TO STUDENTS FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE. 27 26 455 1000 0 0 6571726 7794608 29017405 30369336 3052583 1432747 214937 197187 38856651 39793878 9452203 9600517 0 0 17131632 18023959 0 0 970783 6672364 6980681 33256199 34605157 5600452 5188721 101988211 111729524 13527018 14165659 88461193 97563865 X DEVOTED TO INTELLECTUAL INQUIRY, A COLLABORATIVE SPIRIT OF LEARNING, AND AN APPRECIATION FOR THE DIVERSITY OF HUMAN EXPERIENCE, THE PARK SCHOOL OF BALTIMORE IS A COMMUNITY FOUNDED ON POSITIVE EXPECTATIONS OF OUR STUDENTS AND RESPECT FOR INDIVIDUAL DIFFERENCES. WE CULTIVATE CHILDREN'S INNATE CURIOSITY BY NURTURING THEIR INTERESTS AND ENGAGING THEM AS ACTIVE PARTICIPANTS IN THEIR OWN EDUCATION. WE SUPPORT YOUNG PEOPLE IN BECOMING CONFIDENT QUESTIONERS AND RESPONSIBLE CITIZENS OF THE WORLD. 0 0 22678058 9600517 28894679 INSTRUCTION & OTHER ACADEMIC PROGRAM EXPENSES - GENERAL OPERATION OF THE SCHOOL; PROVIDING BASIC EDUCATION FOR GRADES KINDERGARTEN THROUGH TWELVE. 1568913 1477721 AUXILIARY PROGRAMS & SPECIAL ACTIVITIES - EXPENSES ASSOCIATED WITH PROVIDING SUMMER CAMP, EXTENDED DAY, AND SPECIAL PROGRAMS FOR THE BENEFIT OF THE STUDENTS. 24246971 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 68 0 1 455 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MD X X DANIEL SCHOCHOR 4103394161 2425 OLD COURT ROAD BALTIMORE MD 21208 GREGORY WHITE MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 KEVIN PEARSON PRESIDENT-BOARD OF TRUSTEES 1.00 X X 0 0 0 LOWELL YURA TREASURER-BOARD OF TRUSTEES 1.00 X X 0 0 0 GEORGIA SMITH VICE PRESIDENT-BOARD OF TRUSTEES 1.00 X X 0 0 0 JANET COHEN MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 LILA SHAPIRO-CYR SECRETARY-BOARD OF TRUSTEES 1.00 X X 0 0 0 AUSTIN APPLEGATE MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 MICHAEL ALBO MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 LYDIA GRIGGSBY MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 STEPHEN HULSE MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 ANDREW CONNORS MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 SARAH DAVISON MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 KATELIN ETOH MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 MICA FIDLER MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 NICOLA HELLER MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 JEFFREY NUSINOV MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 LAURIE LEGUM MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 MATT HANNIBAL MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 TIM PICKERING MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 REBECCA RABIN MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 MISSY ROHNRBACH MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 KAREN SIROTA WEINSTEIN MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 DARRYL TARVER MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 BRANDY WASHINGTON MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 STACEY KUNAR MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 MOLLIE SELMANOFF MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 JOSEPH JM SCHAPIRO MEMBER-BOARD OF TRUSTEES 1.00 X 0 0 0 DANIEL PARADIS HEAD OF SCHOOL 40.00 X 411891 0 40773 DANIEL SCHOCHOR ASSOCIATE HEAD OF SCHOOL F 40.00 X 191365 0 11422 PRISCILLA MORALES ASSOCIATE HEAD OF SCHOOL 40.00 X 162593 0 84079 LISA QUINTING DIRECTOR OF ACCOUNTING 40.00 X 121498 0 53364 ROGER SEIDENMAN DIRECTOR OF DEVELOPMENT 40.00 X 183168 0 10930 JOSHUA WOLF MIDDLE SCHOOL PRINCIPAL 40.00 X 114654 0 109478 TRACI WRIGHT UPPER SCHOOL PRINCIPAL 40.00 X 131385 0 18243 ADRIENNE PERES ASSOC DIRECTOR OF DEVELOPMENT 40.00 X 116392 0 16134 1432946 0 344423 8 0 1 0 SOUTHWAY BUILDERS INC 1318 FORT AVE BALTIMORE MD 212305201 CONSTRUCTION 6897427 BROCK & COMPANY 257 GREAT VALLEY PARKWAY MALVERN PA 193551308 FOOD SERVICE 542136 HORD COPLAN & MACHT INC 111 MARKET PLACE BALTIMORE MD 21202 ARCHITECTS 382715 MULTICORP INC 9693 GERWIG LANE STE O COLUMBIA MD 210462839 CLEANING SERVICE 252997 ROBERTSON DESIGN LLC PO BOX 13003 BALTIMORE MD 21203 WEB DESIGN 165869 6 7794608 7794608 TUITION & FEES 611600 28894679 28894679 CAFETERIA 722514 546161 546161 EXTENDED STAY 561500 337216 337216 SUMMER CAMP 611600 323296 323296 BUS OPERATIONS 485000 141877 141877 126107 126107 30369336 486890 486890 204911 8603 196308 196308 196308 24993618 24047761 945857 945857 945857 29261 31446 -2185 -2185 MISCELLANEOUS 611600 3064 3064 3064 39793878 30372400 0 1626870 9600517 9600517 851966 589886 218428 43652 14031183 9867433 3470871 692879 806081 564375 197570 44136 1277543 718224 507706 51613 1057186 759968 246871 50347 83155 83155 31660 31660 29385 29385 135668 135668 145774 145774 128354 21927 95901 10526 232076 1271 230805 458707 458707 7265 7265 313286 313286 1632438 1632438 182370 182370 REPAIRS & MAINTENANCE 811219 811219 EDUCATION/EXTENDED DAY 740235 740235 CAFETERIA & BUSINESS OP 680811 680811 EVENTS & ACTIVITIES 416541 338911 77630 951737 363413 588324 34605157 24246971 9387403 970783 6863 1179 17353464 15768694 7733362 6236598 550066 649313 100000 72000 39462 78411 16396 15059 424349 571835 54041347 23183052 22029924 30858295 39245276 43908943 14318167 13202861 170882 366336 101988211 111729524 1921403 3004563 3469358 3712349 7934641 7384481 201616 64266 13527018 14165659 X 35990968 39649758 52470225 57914107 88461193 97563865 101988211 111729524 X 5188721 3556189 357762 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 10 30.00 0 1 0 0.00 0 1 50922235 1686627 4363756 2216133 54756485 56322713 1341376 -4660746 2081108 50922235 43163976 1667684 13485080 1994027 56322713 42479076 1193939 1318755 1827794 43163976 41869857 599322 1742418 1732521 42479076 0.22447 0.25997 0.51556 0 0 3875674 3875674 34327793 17170872 17156921 6308966 6012180 296786 9528914 9528914 30858295 PRIVATE INVESTMENT FUNDS 13202861 F 13202861 FUNDS HELD FOR STUDENT ORGANIZATIONS 64266 64266 X 32442780 3556189 -10771619 -7215430 39658210 135668 135668 39793878 23340108 0 23340108 135668 11129381 11265049 34605157 PART II, LINE 9: THE EXPENSES ARE CATEGORIZED AS ENGINEERING, PERMITS AND OTHER ASSOCIATED FEES. THERE IS NOT A FOOTNOTE IN THE FINANCIAL STATEMENTS FOR THE CONSERVATION EASEMENTS. PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO ALLOW THE SCHOOL TO CONTINUE TO CARRY OUT ITS MISSION OF PROVIDING EXTRAORDINARY EDUCATION FOR ITS STUDENTS. THE ENDOWMENT SUPPORTS CURRENT OPERATIONS AND HELPS SECURE FINANCIAL STABILITY AS THE SCHOOL ENTERS ITS SECOND CENTURY. PART X, LINE 2: THE SCHOOL FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE SCHOOL'S EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A MORE-LIKELY-THAN-NOT THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS TO STUDENTS -9,600,517. AUXILIARY EXPENSES NETTED WITH INCOME ON FINANCIAL STATEMENTS -1,528,864. UNREALIZED GAIN INTEREST RATE SWAP CONTRACT 357,762. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS TO STUDENTS 9,600,517. AUXILIARY EXPENSES NETTED WITH INCOME ON FINANCIAL STATEMENTS 1,528,864. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ORGANIZATION IS INCLUDED IN THE ANNUAL PUBLICATION OF THE NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS IN ADDITION TO BEING STATED IN ADVERTISEMENTS AND ADMISSION MATERIALS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS ONLY 5999442 0 0 0 0 0 0 5999442 0 5999442 0 0 0 1 1 0 PART III ACCOUNTING METHOD: 1 TUITION ASSISTANCE 364 7261172 PART I, LINE 2: FAMILIES RECEIVING FINANCIAL ASSISTANCE MUST GO THROUGH AN EXTENSIVE APPLICATION PROCESS. THEIR FINANCIAL AID AWARD IS DETERMINED BASED ON MULTIPLE FACTORS INCLUDING AMOUNG OTHERS, INCOME, ASSETS, AND LIABILITIES. FAMILIES MUST RE-APPLY FOR EACH SCHOOL YEAR. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DANIEL PARADIS HEAD OF SCHOOL 358391 0 1000 0 52500 0 18300 0 22473 0 452664 0 0 0 PRISCILLA MORALES ASSOCIATE HEAD OF SCHOOL 161593 0 1000 0 0 0 9810 0 74269 0 246672 0 0 0 JOSHUA WOLF MIDDLE SCHOOL PRINCIPAL 113654 0 1000 0 0 0 8004 0 101474 0 224132 0 0 0 DANIEL SCHOCHOR ASSOCIATE HEAD OF SCHOOL F 190365 0 1000 0 0 0 11422 0 0 0 202787 0 0 0 ROGER SEIDENMAN DIRECTOR OF DEVELOPMENT 182168 0 1000 0 0 0 10930 0 0 0 194098 0 0 0 LISA QUINTING DIRECTOR OF ACCOUNTING 120498 0 1000 0 0 0 7505 0 45859 0 174862 0 0 0 PART I, LINE 1A DANIEL PARADIS, HEAD OF SCHOOL, IS THE ONLY EMPLOYEE RECEIVING ANY OF THESE BENEFITS. THESE BENEFITS ARE INCLUDED IN DANIEL PARADIS'S W-2 TAXABLE COMPENSATION AND ARE PART OF HIS COMPENSATION PACKAGE. PART I, LINE 4B NON-QUALIFIED 457(B) CONTRIBUTIONS, DANIEL PARADIS - $20,500 A MARYLAND HEALTH AND HIGHER EDUCATION FACILITY 520936091 2022-06-01 8095721 REFUNDING OF 2000 AND 2002 BONDS 0 0 0 A 8095721 8095721 2011 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 TRUIST 14.000000000000 0 0 0 0 0 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MARYLAND HEALTH AND HIGHER EDUCATION FACILITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/28/2022 DANIEL PARADIS HEAD OF SCHOOL HOME RE-MODEL X 130000 72000 0 1 1 72000 CHILD OF TRUSTEE 15870 TUITION ASSISTANCE EDUCATION X 21 465412 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH INCLUDES THE OFFICERS OF THE CORPORATION, REVIEWS THE 990 WITH THE ADMINISTRATION, AND THEN THE 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING BY THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY READ AND SIGN THE CONFLICT OF INTEREST POLICY AND TO DISCLOSE, IF NECESSARY, ANY CONFLICTS THEY HAVE. AT THE BEGINNING OF EACH FISCAL YEAR, ALL SENIOR MANAGEMENT AND ALL COMMITTEE MEMBERS, BOARD OF TRUSTEES OR OTHERWISE, RECEIVE THE CONFLICT OF INTEREST POLICY. THEY ARE GATHERED BY THE HEAD OF SCHOOL'S ASSISTANT TO ASCERTAIN THAT ONE HAS BEEN RECEIVED BY EACH PERSON. THE POLICY PROVIDES A DEFINITION OF A CONFLICT OF INTEREST AND STATES THE INDIVIDUAL'S RESPONSIBILITY FOR DISCLOSING CONFLICTS. GENERALLY, MEMBERS SELF-IDENTIFY IF AND WHEN ONE SHOULD ARISE. IF THEY ARE UNCERTAIN AS TO WHETHER OR NOT A CONFLICT ACTUALLY EXISTS, THEY WILL CONSULT WITH THE COMMITTEE CHAIR OR STAFF MEMBER, OR THEY MAY ASK THE COMMITTEE. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL RECUSES THEMSELVES FROM THE CONVERSATION AS TO NOT INFLUENCE THE DECISIONS OR RECOMMENDATIONS MADE BY THE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 A REVIEW IS PERFORMED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND SCHOOL COUNSEL TO DETERMINE COMPENSATION FOR THE HEAD OF SCHOOL. FOR OTHER KEY EMPLOYEES AND TOP MANAGEMENT, SALARIES ARE DETERMINED BY THE HEAD OF SCHOOL. WHEN DETERMINING SALARIES, THE HEAD OF SCHOOL AND CFO REVIEW AND CONSIDER PEER SCHOOL DATA MADE AVAILABLE BY NAIS AND AIMS. THEY ALSO REVIEW THE FORM 990S OF PEER SCHOOLS TO DETERMINE THAT KEY EMPLOYEES RECEIVE COMPARABLE PAY. THE EMPLOYEE SALARY PERCENTAGE INCREASE IS APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN THE BOARD OF TRUSTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE PARK SCHOOL BALTIMORE'S FORM 990 IS AVAILABLE ON WWW.GUIDESTAR.COM. THE PARK SCHOOL OF BALTIMORE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON FMV OF INTEREST RATE SWAP CONTRACT 357,762. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PARK SCHOOL PARENTS ASSOCIATION INC 2425 OLD COURT ROAD BALTIMORE MD 21208 237280445 COMMUNICATIONS, PARENT EDUCATION, COMMUNITY SUPPORT, SPECIAL PROJECTS MD 501(C)(3) LINE 12D, III-O NONE 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0