2025-05-15T10:43:56-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-07-01 240795509 WYOMING SEMINARY COLLEGE PREPARATORY SCHOOL WYOM 5702702134 201 NORTH SPRAGUE AVENUE KINGSTON PA 18704 ROBERT TARUD BUSINESS MANAGER 5702702134 2025-05-15 1 0 KERRI N BOGDA CPA P00760402 7177404863 2025-05-15 2023 2025-03-06 01:10:19Z X ROBERT TARUD 201 NORTH SPRAGUE AVENUE KINGSTON PA 18704 31907996 0 X WWW.WYOMINGSEMINARY.ORG X 1844 PA COLLEGE PREPARATORY SCHOOL INSPIRING STUDENTS TO LEAD LIVES OF INTEGRITY, PURPOSE, AND EXCELLENCE BY DEVELOPING THE CRITICAL SKILLS AND SPIRIT OF COMMUNITY NECESSARY TO SUCCEED AND SERVE IN A GLOBAL SOCIETY. 30 29 313 328 0 0 4240765 23903218 1186082 836649 30166714 8846270 0 13625911 0 597410 9513640 31985821 -1819107 109811782 112657126 21392287 20061009 88419495 92596117 WYOMING SEMINARY INSPIRES STUDENTS TO LEAD LIVES OF INTEGRITY, PURPOSE, AND EXCELLENCE BY DEVELOPING THE CRITICAL SKILLS AND SPIRIT OF COMMUNITY NECESSARY TO SUCCEED AND SERVE IN A GLOBAL SOCIETY. 0 0 27983889 8846270 23903218 AS A COLLEGE PREPARATORY SCHOOL, WYOMING SEMINARY SEEKS TO CREATE ACTIVE LEARNERS, RESPONSIBLE CITIZENS, COMMUNITY LEADERS, AND ETHICAL INDIVIDUALS READY TO TAKE THEIR PLACE IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY. TRUE TO OUR TRADITIONS AND OUR VALUES, WYOMING SEMINARY IS COMMITTED TO SUPPORTING PROMISING STUDENTS FROM VARIED BACKGROUNDS. OUR CURRICULUM EMPHASIZES COMPETITION AND COLLABORATION, CRITICAL THINKING AND CREATIVITY, SELF-RESPECT AND RESPECT FOR OTHERS. WE CHALLENGE OUR STUDENTS TO DISCOVER THEIR TALENTS AND THEIR PASSIONS. 27983889 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 0 0 0 1 1 0 0 0 0 0 0 0 0 1 75 0 313 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 29 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X ROBERT TARUD BUSINESS MANAGER 5702702135 201 N SPRAGUE AVE KINGSTON PA 18704 JOHN DOWD BOARD CHAIRMAN 5.00 X X 0 0 0 ANTHONY BERGER BOARD VICE CHAIRMAN 5.00 X X 0 0 0 TARA MUGFORD WILSON BOARD SECRETARY 5.00 X X 0 0 0 JOHN LOYACK BOARD TREASURER 5.00 X X 0 0 0 JOHN BASALYGA TRUSTEE 5.00 X 0 0 0 BARBARA FASSETT OSKI BEANE TRUSTEE 5.00 X 0 0 0 DOROTHY DARLING TRUSTEE 5.00 X 0 0 0 CHIP EDMONDS TRUSTEE 5.00 X 0 0 0 RICHARD GOLDBERG TRUSTEE 5.00 X 0 0 0 CHARLES GOMMER TRUSTEE 5.00 X 0 0 0 GERALD GUNSTER TRUSTEE 5.00 X 0 0 0 SCOTT HENRY TRUSTEE 5.00 X 0 0 0 DAVID HOURIGAN TRUSTEE 5.00 X 0 0 0 JOSEPH KLUGER TRUSTEE 5.00 X 0 0 0 SUE KLINE KLUGER TRUSTEE 5.00 X 0 0 0 HARRY LEE TRUSTEE 5.00 X 0 0 0 LISA LORI TRUSTEE 5.00 X 0 0 0 JOHN F MAGAGNA TRUSTEE 5.00 X 0 0 0 KRISTEN MERICLE TRUSTEE 5.00 X 0 0 0 JEFFREY METZ TRUSTEE 5.00 X 0 0 0 TANYA PYKE TRUSTEE 5.00 X 0 0 0 STEPHEN ROSENTHAL TRUSTEE 5.00 X 0 0 0 ARTHUR SHERWOOD TRUSTEE 5.00 X 0 0 0 ROBERT SMITH TRUSTEE 5.00 X 0 0 0 WILLIAM SORDONI TRUSTEE 5.00 X 0 0 0 MADHAN SRINIVASAN TRUSTEE 5.00 X 0 0 0 ROBERT TAMBURRO TRUSTEE 5.00 X 0 0 0 CHRISTINA TAYLOR TRUSTEE 5.00 X 0 0 0 LEWIS THAYNE TRUSTEE 5.00 X 0 0 0 NICOLE SANTO YOCHUM TRUSTEE 5.00 X 0 0 0 MARTIN MOONEY HEAD OF SCHOOL 40.00 X 210182 0 26470 JULIANNE CALABRO CHIEF FINANCIAL OFFICER 40.00 X 162570 0 29067 ROBERT TARUD BUSINESS MANAGER 40.00 X 108756 0 15355 KATHLEEN HANLON HEAD OF LOWER/MIDDLE SCHOOL 40.00 X 107995 0 31470 DANIEL ROCHA FORMER HEAD OF SCHOOL (UNTIL 06/23) 40.00 X 148958 0 7824 738461 0 110186 5 1 1 0 METZ CULINARY MANAGEMENT TWO WOODLAND DRIVE DALLAS PA 18612 FOOD SERVICES 1541193 CHAMPION BUILDERS INC 239 PRINGLE ST KINGSTON PA 18704 CONSTRUCTION SERVICES 318642 BACK MOUNTAIN TRANSIT CO INC 1198 TWIN STACKS DRIVE DALLAS PA 18612 TRANSPORTATION SERVICES 171402 BAKER TILLY US LLP 46 PUBLIC SQUARE SUITE 400 WILKES BARRE PA 18701 AUDIT/TAX SERVICES 127630 4 37140 2499527 1704098 30586 4240765 TUTION & FEES 611600 23903218 23903218 23903218 878639 878639 69400 6087 63313 63313 63313 2039268 1731825 307443 307443 307443 40116 37140 3370 36746 36746 AUXILLARY ACTIVITIES 900099 314052 314052 MISCELLANEOUS INCOME 900099 145835 145835 CAFETERIA SALES 900099 134165 134165 142538 142538 736590 30166714 23903218 0 2022731 2700 2700 8843570 8843570 576210 368282 207928 10341494 8441736 1551527 348231 450729 363123 75906 11700 1464875 1061558 352551 50766 792603 642246 125512 24845 547534 333688 204396 9450 71350 4490 66860 613430 452122 109203 52105 12563 45 12518 904206 889766 14440 581228 516968 52544 11716 25174 25174 842869 842869 2352676 2352676 444595 374805 67760 2030 FOOD SERVICE 1598453 1528992 11844 57617 REPAIRS AND MAINTENANCE 623214 470711 145492 7011 DUES & SUBSCRIPTIONS 286776 146808 130914 9054 MISCELLANEOUS EXPENSE 281480 236180 35575 9725 328092 85380 239552 3160 31985821 27983889 3404522 597410 127988 54123 825713 943754 582145 650084 168 3452 80133352 48393636 33541983 31739716 64562032 64796183 10171753 14469814 109811782 112657126 1593406 1427522 1835870 1626987 13263464 13289003 4699547 2530000 0 1187497 21392287 20061009 X 37376557 38591907 51042938 54004210 88419495 92596117 109811782 112657126 X -1819107 5274927 720802 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73349948 186135 7123373 6412993 74246463 69765818 253531 7278471 3947872 73349948 0.29580 0.70420 0.00000 1 0 3419924 3419924 66202028 38365713 27836315 10063817 9660260 403557 447583 367663 79920 31739716 RIGHT OF USE ASSET 1182549 EMPLOYEE RETENTION CREDIT RECEIVABLE 2499527 OTHER ASSETS 559297 BENEFICIAL INTEREST IN PERPECTUAL TRUSTS 9450280 SPLIT INTEREST AGREEMENTS 778161 14469814 FINANCE LEASE LIABILITY 1187497 1187497 X 27328330 5274927 -8122768 -2847841 30176171 -9457 -9457 30166714 23151708 9457 9457 23142251 8843570 8843570 31985821 PART V, LINE 4: WYOMING SEMINARY USES ITS ENDOWMENT TO FUND SCHOLARSHIPS, DEPARTMENTAL, EDUCATIONAL AND OPERATING EXPENSES. PART X, LINE 2: MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BIPT 662,364. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 58,438. TUITION SCHOLARSHIPS -8,843,570. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -6,087. FUNDRAISING EVENT EXPENSES -3,370. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 6,087. FUNDRAISING EVENT EXPENSES 3,370. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION SCHOLARSHIPS 8,843,570. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WYOMING SEMINARY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF COLOR, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP PROGRAMS, OR ATHLETIC OR OTHER SCHOOL-ADMINISTERED PROGRAMS. ALUMNI GOLF TOURNAMENT 45600 37140 8460 2175 PARENTS AUCTION 31656 31656 1195 77256 37140 40116 3370 3370 36746 1 TUITION SCHOLARSHIPS 454 8843570 PART I, LINE 2: WYOMING SEMINARY AWARDS FINANCIAL AID ON A COMPETITIVE BASIS TO STUDENTS WHOSE FAMILIES DEMONSTRATE THE NEED FOR SUCH FUNDING. TO OBJECTIVELY ASSESS NEED, FAMILIES MUST COMPLETE AN ONLINE APPLICATION WITH AN INDEPENDENT 3RD PARTY, SCHOOL AND STUDENT SERVICES (SSS), AND SUBMIT THEIR MOST RECENT TAX DOCUMETS. THE FINANCIAL AID COMMITTEE REVIEWS APPLICATIONS INDIVIDUALLY TO DETERMINE AWARDS FOR STUDENTS BECAUSE THE DEMAND FOR FINANCIAL AID OUTWEIGHS AVAILABLE FUNDS EACH YEAR. X X 1 1 X X 0 0 0 0 0 0 0 0 0 MARTIN MOONEY HEAD OF SCHOOL 210182 0 0 0 0 0 10909 0 15561 0 236652 0 0 0 JULIANNE CALABRO CHIEF FINANCIAL OFFICER 162570 0 0 0 0 0 8488 0 20579 0 191637 0 0 0 DANIEL ROCHA FORMER HEAD OF SCHOOL (UNTIL 06/23) 148958 0 0 0 0 0 7448 0 376 0 156782 0 0 0 PART I, LINE 1A THE SCHOOL PRESIDENT RECEIVES A MEMBERSHIP TO A SOCIAL CLUB. THIS MEMBERSHIP IS FOR BUSINESS PURPOSES ONLY AND NOT TREATED AS TAXABLE COMPENSATION. THE SCHOOL PRESIDENT IS REQUIRED TO LIVE ON CAMPUS IN SCHOOL OWNED HOUSING. THIS HOUSING BENEFIT IS NOT TREATED AS TAXABLE AS IT IS FOR THE BENEFIT OF THE SCHOOL. THE PRESIDENT IS REQUIRED TO HOST VARIOUS GATHERINGS FOR THE SCHOOL THROUGHOUT THE YEAR AT HIS RESIDENCE. ALSO, PART OF THE PRESIDENT'S RESPONSIBILITY IS TO ASSIST WITH THE CAMPUS LIFE OF BOARDING STUDENTS. A NORTHEASTERN PENNSYLVANIA HOSPITAL AND EDUCATION AUTHORITY 237394107 2013-07-18 10000000 CONSTRUCTION OF ARTS CENTER AND ATHLETIC FIELDS 0 0 0 B NORTHEASTERN PENNSYLVANIA HOSPITAL AND EDUCATION AUTHORITY 237394107 2018-06-22 7763268 REFINANCE SERIES OF 2011 BOND 0 0 0 C NORTHEASTERN PENNSYLVANIA HOSPITAL AND EDUCATION AUTHORITY 237394107 2022-04-13 4000000 VARIOUS CAPITAL PROJECTS - STEAM PLANT DECENTRALIZATION, ROOFS IMPROVEMENTS 0 0 0 A 1342038 7941143 113000 50731 7941143 2014 0 0 1 1 B 1925701 7763268 29361 7763268 1 0 1 1 C 3620296 42351 3620296 2024 0 0 0 1 A 0 0 0 0 0.00940 0.00500 0.01440 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 0 0 0 0 B 0 0 1 0 0 0 0 0 0 C 0 0 1 0 1 0 0 0 0 SCHEDULE K, PART I, LINE A: BOND CONSISTS OF TWO PARTS, $5M FIXED RATE PORTION WHICH WAS ISSUED AT CLOSING FOR CAPITAL COSTS INCURRED AND A $5M VARIABLE RATE BOND THAT IS USED AS A CONSTRUCTION LOAN. ONLY $2,941,143 OF THE VARIABLE RATE BOND WAS USED AT 6/30/16 FOR CAPITAL COSTS INCURRED AND VARIABLE LOAN HAS BEEN REPAID THROUGH PLEDGES. THE REMAINING $2,058,857 OF THE VARIABLE RATE BOND WAS NOT UTILIZED OR DRAWN ON. JEFFREY METZ TRUSTEE 1541193 FOOD SERVICE CONTRACTOR 0 X 3 30586 NYSE 0 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 JOSEPH KLUGER AND SUE KLINE KLUGER HAVE A FAMILY RELATIONSHIP. RICHARD GOLDBERG AND JOSEPH KLUGER HAVE A BUSINESS RELATIONSHIP, AS THEY ARE BOTH PARTNERS AT THE SAME LAW FIRM, HOURIGAN KLUGER, AND QUINN. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS MANAGER AND HEAD OF SCHOOL REVIEW THE FORM 990 PREPARED BY AN INDEPENDENT CPA FIRM. THE FORM 990 IS THEN SENT TO THE FINANCE COMMITTEE AND FULL BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS/KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN OFF ON THE CONFLICT OF INTEREST POLICY ANNUALLY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE SITUATION IN WHICH AN INTERESTED PERSON MAY HAVE A FINANCIAL INTEREST OR HAS RECEIVED COMPENSATION FROM THE PERSON OR ENTITY WITH WHICH WYOMING SEMINARY IS PROPOSING TO CONDUCT BUSINESS, SUCH PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND/OR COMPENSATION, AND ALL MATERIAL FACT TO THE BOARD OF TRUSTEES AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IN THE CASE OF AN INTERESTED PERSON HAVING A FINANCIAL INTEREST: A) THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL, AT THE REQUEST OF THE CHAIRMAN, LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT. B) THE BOARD OR COMMITTEE SHALL DETERMINE IF THE TRANSACTION INVOLVING THE INTERESTED PERSON IS FAIR TO WYOMING SEMINARY AND IN WYOMING SEMINARY'S BEST INTEREST. C) THE BOARD OR COMMITTEE SHALL VOTE ON THE PROPOSED TRANSACTION WITHOUT THE FURTHER PARTICIPATION OF THE INTERESTED PERSON. IN THE CASE OF A PERSON WHO RECEIVES COMPENSATION, SUCH PERSON SHALL NOT PARTICIPATE IN THE DISCUSSION OR VOTING ON ANY MATTER RELATED TO THE PERSON OR ENTITY THAT HAS PAID THE COMPENSATION. IN THE CASE WHERE A POTENTIAL VIOLATION OF THE POLICY EXISTS: A) IF A MEMBER OF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE FINANCIAL INTEREST OR THAT A PERSON HAS FAILED TO DISCLOSE THE RECEIPT OF COMPENSATION, SUCH MEMBER SHALL SO NOTIFY THE CHAIRMAN WHO SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE AND THE POTENTIAL FINANCIAL RELATIONSHIP TO THE TRANSACTION. B) IF, AFTER HEARING THE RESPONSE OF THE INTERESTED PERSON AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE INTERESTED PERSON HAS INTENTIONALLY FAILED TO DISCLSOE A FINANCIAL INTEREST OR RECEIPT OF COMPENSATION, THE BOARD OF TRUSTEES OR COMMITTEE SHALL TAKE SUCH APPROPRIATE DISCIPLINARY AND/OR CORRECTIVE ACTION THE BOARD OF TRUSTEES OR COMMITTEE SEEMS APPROPRIATE BASED UPON THE SITUATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE HEAD OF SCHOOL IS APPROVED ANNUALLY BY THE BOARD BASED UPON REVIEW OF COMPARATIVE FINANCIAL INDICATORS AND MARKET TRENDS TO ENSURE COMPENSATION IS WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. BOARD LEVEL DISCUSSIONS REGARDING COMPENSATION ARE RECORDED IN THE MINUTES OF THE BOARD MEETINGS. COMPENSATION OF OTHER OFFICERS IS REVIEWED AND APPROVED ANNUALLY BY THE HEAD OF SCHOOL BASED UPON AN ANNUAL PERFORMANCE EVALUATION AND REVIEW OF MARKET TRENDS AND COMPARATIVE DATA TO ENSURE SALARIES DO NOT EXCEED FAIR MARKET VALUE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BIPT 662,364. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 58,438.