2023-01-19T09:25:30-06:00 2022-06-30 FORVIS LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2021-07-01 131635261 Trevor Day School % STEVEN DUDLEY TREV 2124263300 312 EAST 95TH STREET New York NY 10128 STEVEN DUDLEY CFO 2124263300 2023-01-17 true STEVEN DUDLEY 999009999 Aaron Shapiro P01333816 2128674000 2023-01-17 3 2021 2023-03-07 01:45:13Z STEVEN DUDLEY 312 EAST 95TH STREET New York NY 10128 52756441 false X WWW.TREVOR.ORG X 1932 NY TO OPERATE AN INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE. 23 22 286 120 0 10707958 3479478 39924375 41935273 5522259 527473 713799 2753107 56868391 48695331 6593110 6722407 0 0 26099389 25733156 0 0 1246049 12743895 14568948 45436394 47024511 11431997 1670820 181115230 179718336 77737377 79092039 103377853 100626297 TREVOR DAY SCHOOL BUILDS AN ACTIVITY-BASED SETTING TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. false false 36695671 6722407 41935273 PROVIDED EDUCATION IN AN ACTIVITY-BASED SETTING IN ORDER TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. THE SCHOOL SERVED 746 STUDENTS DURING FISCAL YEAR 2022. 36695671 true true false false false false false false false true true false false false true false true false true false false false false false true false false false true true true true false false false false false false false false false false false false false false false false false false true 185 0 286 true false false false false false true true false false false false false false X 23 22 false false false false false false false true true false false false true true true true true true true false NY X STEVEN DUDLEY 2124263300 312 EAST 95TH STREET NEW YORK NY 10128 SCOTT REISINGER HEAD OF SCHOOL - EX OFFICIO 50.0 0.0 X X 659181 0 54341 DANIEL FEIGIN ASSISTANT HEAD OF SCHOOL 40.0 0.0 X 348379 0 74381 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 40.0 0.0 X 343262 0 46500 LISA LANZI EXECUTIVE DIRECTOR OF OPERATIO 40.0 0.0 X 259945 0 38515 ANDREW WILSON DIRECTOR OF LOWER SCHOOL 40.0 0.0 X 211188 0 57175 ELIZABETH EUSEBIO DIRECTOR OF DEVELOPMENT 40.0 0.0 X 231833 0 20273 CRAIG STOLZBERG DIRECTOR OF ATHL. AND PHYS ED 40.0 0.0 X 182934 0 64120 REBECCA DAMAS DIRECTOR OF MIDDLE SCHOOL 40.0 0.0 X 201179 0 17808 SARAH LAFFERTY DIRECTOR OF LOWER SCHOOL ADMIS 40.0 0.0 X 195937 0 17076 Joseph J Ulitto Director of DEI Student PRGMS 40.0 0.0 X 165130 0 27020 VALERIE MNUCHIN PRESIDENT 2.0 0.0 X X 0 0 0 RAMIN KAMFAR VICE PRESIDENT 2.0 0.0 X X 0 0 0 ANNE HAUBENSTRICKER SECRETARY (CHAIR, DEV. COMM.) 2.0 0.0 X X 0 0 0 JOYCE DELUCCA TREASURER(CHAIR, FINANCE COMM) 2.0 0.0 X X 0 0 0 MARIANNE MAGID JONES CHAIR, COMMITTEE ON TRUSTEES 2.0 0.0 X X 0 0 0 BURCU MIRZA ANNUAL FUND CO-CHAIR 2.0 0.0 X 0 0 0 MARGARET CONNORS MCQUADE ACTING CHAIR, BUILDINGS AND FA 2.0 0.0 X 0 0 0 RACHEL GORDON TRUSTEE - EDUCATION COMMITTEE 2.0 0.0 X 0 0 0 ANNA WINDERBAUM TRUSTEE - FINANCE COMMITTEE 2.0 0.0 X 0 0 0 JONATHAN BABKOW TRUSTEE - FINANCE COMMITTEE 2.0 0.0 X 0 0 0 MICHELLE PRYCE-SCREEN DIVERSITY, EQUITY AND INCLUSIO 2.0 0.0 X 0 0 0 ABIGAIL BARATTA TRUSTEE - DEVELOPMENT COMMITTE 2.0 0.0 X 0 0 0 KOJO DUFU TRUSTEE - DIVERSITY, EQUITY AN 2.0 0.0 X 0 0 0 DANIEL KATCHER TRUSTEE - AD HOC FUTURE TREVO 2.0 0.0 X 0 0 0 MARC PAYOT TRUSTEE - AD HOC FUTURE TREVOR 2.0 0.0 X 0 0 0 ALEXIS CRESPIN PA CO-PRESIDENT 2.0 0.0 X 0 0 0 DEBRA APPELBAUM COMMITTEE ON TRUSTEES 2.0 0.0 X 0 0 0 MARIA DENIS PA CO-PRESIDENT 2.0 0.0 X 0 0 0 SAMANTHA REGAN DEVELOPMENT COMMITTEE 2.0 0.0 X 0 0 0 MALCOLM LEE TRUSTEE 2.0 0.0 X 0 0 0 SONJA ORGIAS DIVERSITY, EQUITY AND INCLUSIO 2.0 0.0 X 0 0 0 DAN SOMMER EDUCATION COMMITTEE 2.0 0.0 X 0 0 0 2798968 0 417209 79 false true false MG SECURITY SERVICES LLC 7 WEST 36TH ST 12TH FLOOR NEW YORK NY 10018 SECURITY 454050 TOMMY TOURS 76 FOSTER AVENUE STATEN ISLAND NY 10314 TRANSPORTATION 440610 CATER TO YOU INC 665 BROADWAY NEW YORK NY 10012 CATERING 401720 MARTINEZ CLEANING CO INC 90-07 31ST AVENUE EAST ELMHURST NY 11369 CLEANING 371167 E3 SPORTS ATHLETIC DEVELOPMENT 305 EAST 85TH STREET BROOKLYN NY 10028 ATHLETIC SERVICES 149724 8 29305 863741 2586432 3479478 TUITION & FEES 611110 40797631 40797631 EDUCATION AND GENERAL 611110 1082893 1082893 AUXILIARY 611110 54749 54749 41935273 19232 19232 0 0 557719 16730 540989 0 540989 540989 4371832 3863591 508241 508241 508241 343446 29305 180789 162657 162657 0 0 0 0 0 0 SETTLEMENT INCOME 900099 2000000 2000000 MISCELLANEOUS 900099 49461 49461 2049461 48695331 41935273 3280580 0 6722407 6722407 0 0 2098083 1583055 423029 91999 0 18576077 13959643 3809216 807218 930471 706991 176672 46808 2685621 2102827 465116 117678 1442904 1149626 230615 62663 0 181757 181757 107553 107553 0 0 0 1279487 1048374 222327 8786 0 3586186 2910951 640162 35073 0 0 3400183 2618141 748040 34002 611666 332023 279643 0 146747 146747 29731 22893 6541 297 0 3622298 2789169 796906 36223 609716 609716 MISCELLANEOUS 993624 602824 385498 5302 47024511 36695671 9082791 1246049 2040 304 24106266 26444948 0 0 46233 0 0 0 0 0 0 0 0 0 40095 109490 158341626 35091538 125409477 123250088 31342159 29742782 168960 170724 0 0 0 0 0 0 181115230 179718336 3260844 4402340 0 0 12648213 12829884 61521427 61551159 0 0 0 0 0 0 0 0 306893 308656 77737377 79092039 X 79269302 79804654 24108551 20821643 103377853 100626297 181115230 179718336 1670820 -4422376 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35100781 1116525 -3914172 714331 31588803 25547522 4706415 5478645 631801 35100781 22613716 2984420 552501 603115 25547522 20453580 1683217 1072527 595608 22613716 19137474 639577 1251306 574777 20453580 0.34000 0.51000 0.15000 false false 23327272 23327272 129797719 31492365 98305354 3753725 3599173 154552 1462910 1462910 123250088 0 DEFERRED COMPENSATION 170724 ACCRUED INTEREST 137932 308656 37567278 -4422376 16730 -4405646 41972924 6722407 6722407 48695331 40318834 16730 16730 40302104 6722407 6722407 47024511 SCHEDULE D, PART V, LINE 4 TEMPORARILY RESTRICTED AND BOARD DESIGNATED FUNDS ARE USED FOR THREE MAIN PURPOSES: FACULTY SUPPORT, FINANCIAL AID, AND MISC. STUDENT PROGRAMS. PART XI, LINE 2D Rental Expense: $16,730 PART XI, LINE 4B Tuition Assistance: $6,722,407 PART XII, LINE 2D RENTAL EXPENSE: $16,730 PART XII, LINE 4B Tuition Assistance: $6,722,407 Schedule D, Part X, Line 2: Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES THE POLICY ON ITS WEBSITE, AND SENDS REGULAR PUSH PAGES TO THE ENTRIE COMMUNITY (PARENTS, TEACHERS, STAFF AND STUDENTS). SCHEDULE E, PART I, LINE 6A THE SCHOOL GETS A REIMBURSEMENT FROM NYSED FOR MANDATED SERVICES TITLES. PA AUCTION 334866 29305 305561 65806 61253 15038 10520 SKATING PARTY 22100 22100 15000 4695 1 15785 15785 5600 1677 1200 372751 29305 343446 80806 71548 16715 11720 180789 162657 true TUITION ASSISTANCE 155 6722410 SCHEDULE I, PART I, LINE 2 THE SCHOOL REQUIRES THE STUDENTS TO APPLY ONLINE FOR FINANCIAL AID. THE FINANCIAL AID COMMITTEE COMPOSED OF ADMISSION DIRECTORS AND THE CFO REVIEW THE APPLICATION AND APPROVE THE AWARDS, WHICH ARE THEN UPLOADED IN EACH STUDENT'S ACCOUNT. THE FAMILIES ARE NOTIFIED ELECTRONICALLY OF THE AWARD AND REQUIRED TO SUBMIT AN ENROLLMENT CONTRACT WITH THE COST OF TUITION PRORATED BY FINANCIAL AID AWARD. BILLING OF THE TUITION IN THE ACCOUNTING SYSTEM IS AUTOMATICALLY PRORATED WITH THE FINANCIAL AID AWARD AND IS CHARGED IN A SPECIFIC G/L ACCOUNT WHICH MUST TOTAL THE AWARD IN EACH INDIVIDUAL STUDENT ACCOUNT. X X X X X X false false false false false false false true false SCOTT REISINGER HEAD OF SCHOOL - EX OFFICIO 604026 0 35000 0 20155 0 17400 0 36941 0 713522 0 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 322889 0 20000 0 373 0 17400 0 29100 0 389762 0 LISA LANZI EXECUTIVE DIRECTOR OF OPERATIO 259550 0 0 0 395 0 22105 0 16410 0 298460 0 ELIZABETH EUSEBIO DIRECTOR OF DEVELOPMENT 231468 0 0 0 365 0 20273 0 0 0 252106 0 SARAH LAFFERTY DIRECTOR OF LOWER SCHOOL ADMIS 195647 0 0 0 290 0 17076 0 0 0 213013 0 CRAIG STOLZBERG DIRECTOR OF ATHL. AND PHYS ED 182657 0 0 0 277 0 16828 0 47292 0 247054 0 Joseph J Ulitto Director of DEI Student PRGMS 164901 0 0 0 229 0 13044 0 13976 0 192150 0 DANIEL FEIGIN ASSISTANT HEAD OF SCHOOL 332776 0 15000 0 603 0 17400 0 56981 0 422760 0 ANDREW WILSON DIRECTOR OF LOWER SCHOOL 210841 0 0 0 347 0 9883 0 47292 0 268363 0 REBECCA DAMAS DIRECTOR OF MIDDLE SCHOOL 200873 0 0 0 306 0 17808 0 0 0 218987 0 SCHEDULE J, PART I, LINE 7 BONUSES PAID TO SCOTT REISINGER, STEVEN DUDLEY AND DANIEL FEIGIN WERE NON-FIXED IN NATURE. THESE BONUSES WERE AUTHORIZED BY THE BOARD OF TRUSTEES. A DASNY 146000293 000000000 2020-01-23 62460000 TREVOR DAY SCHOOL REVENUE BONDS SE false false false A 0 0 62460321 0 0 0 959626 0 0 0 61497802 2892 true false false true A false true true true false 0 0.01300 0.01300 true false false true A false true true false true false 0 false false false 0 false true A true Part I (f): The bonds were issued to Current Refund the Series 2011 Bonds originally issued on 7/29/2011, to pay a swap termination fee and to pay costs of issuance. Part II, Line 3: The total proceeds shown in Part II, Line 3 differs from the Issue Price shown in Part I, (e) due to interest earnings on invested proceeds. Part II, Line 11: Includes proceeds used to terminate the 2011 hedge. Part II, Line 13: This does not apply as the entire issue was a refunding and there were no new money projects financed. Part III, Line 7: As provided in Treasury Regulation Section 1.141-4(c)(2)(i)(B), the amount of private payments taken into account under the private payment test may not exceed the amount of private business use and/or unrelated trade or business use. Accordingly, the amount of private payments for the reporting period does not exceed the amount stated in Part III, Line 6. The organization has not undertaken an analysis of the private security test with respect to the bonds, as the level of use and/or unrelated trade or business reported in Part III, Line 6, is not in excess of amounts permitted under Section 145 of the Code. Code. Part IV, Line 2(b): The refunding portion of Bonds has met the 6-month expenditure exception to rebate. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD WITH THE EXCEPTION OF SCHEDULE B, IN CONFORMITY WITH THE BOARD'S DESIRE TO MAINTAIN THE CONFIDENTIALITY OF THE INFORMATION CONTAINED THEREIN. THE FULL BOARD IS GIVEN THE OPTION OF RECEIVING THIS INFORMATION, UPON THEIR REQUEST. EACH TRUSTEE REVIEWS A DRAFT OF THE 990. IF A TRUSTEE HAS ANY COMMENTS, THEY ARE REVIEWED AND ACTED ON PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF POTENTIAL OR ACTUAL CONFLICT: THE COMMITTEE OF TRUSTEES SHALL REVIEW INITIALLY AND ANNUALLY ALL TRANSACTIONS THAT MAY ARISE OR DO EXIST BETWEEN THE SCHOOL AND INDIVIDUALS WITH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO OFFICER OF THE SCHOOL OR MEMBER OF THE BOARD OF TRUSTEES WHO HAS SUCH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL PARTICIPATE IN THE COMMITTEE'S REVIEW OF ANY SUCH TRANSACTION. THE COMMITTEE ON TRUSTEES SHALL TRANSMIT ITS RECOMMENDATIONS CONCERNING THE APPROPRIATENESS OF ANY SUCH TRANSACTIONS TO THE FULL BOARD OF TRUSTEES, WHICH SHALL DETERMINE WHETHER OR NOT TO PROCEED WITH SUCH TRANSACTIONS. DISCLOSURE UPON ADOPTION OF THIS CONFLICT OF INTEREST POLICY, ALL OFFICERS AND TRUSTEES SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FURTHER PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. SUBSEQUENTLY ELECTED TRUSTEES AND OFFICERS SUBSEQUENTLY APPOINTED SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FIRST PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. DISCLOSURE FORMS SHALL BE UPDATED ANNUALLY, OR SOONER, IF CHANGED CIRCUMSTANCES REQUIRE DISCLOSURE. IN ADDITION, PERSONS SUBJECT TO THIS POLICY ARE EXPECTED TO UPDATE THE DISCLOSURE FORM AT ANY TIME DURING THE YEAR THAT THE INFORMATION REQUESTED ON THE FORM CHANGES. DISCLOSURES SHOULD BE SUBMITTED TO THE CHAIR, COMMITTEE OF TRUSTEES, WHO WILL BE THE CONFLICT OF INTEREST OFFICER, AND WILL ADMINISTER THIS POLICY. ACTUAL OR POTENTIAL CONFLICTS OF A MATERIAL NATURE SHALL BE REPORTED TO THE BUSINESS 0FFICE OF THE SCHOOL. THE CHAIR OF THE COMMITTEE OF TRUSTEES IS CHARGED WITH ADMINISTERING ANY CONFLICTS OF INTEREST WHICH ARISE FROM THE BOARD FILLING OUT THE DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE HEAD OF SCHOOL IS BASED ON A FOUR YEAR EMPLOYMENT CONTRACT, EFFECTIVE JULY 2020, AND RUNNING THROUGH JUNE 30, 2024. THE SALARY IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD, SUBJECT TO FULL BOARD APPROVAL, AFTER RESEARCHING COMPARATIVE DATA OF HEADS OF SCHOOLS. COMPENSATION IS PREPARED BY INDUSTRY ASSOCIATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE SALARY OF THE HEAD IS FURTHER REVIEWED FORMALLY, ON A YEAR TO YEAR BASIS, ON THE BASIS OF THE BOARD'S EXPECTATIONS AND OVERALL PERFORMANCE OF THE HEAD. FORM 990, PART VI, SECTION B, LINE 15B THE HEAD OF SCHOOL, CHAIR OF THE BOARD, AND CFO REVIEW AND APPROVE THE COMPENSATION OF THE KEY EMPLOYEES IN A CASE BY CASE FASHION. COMPENSATION OF ALL OTHER OFFICERS IS DETERMINED BY THE BOARD BASED ON COMPARATIVE DATA FOR THE SAME POSITION WITHIN SIMILAR ORGANIZATIONS. DATA FROM THE NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS (NYSAIS) AND THE SERVICES OF EXECUTIVE COMPENSATION CONCEPTS LTD ARE USED. THE FISCAL YEAR 2022 SALARY WAS APPROVED AT THE BEGINNING OF THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 TREVOR DAY SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.