2023-03-13T10:18:27-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 135562983 THE CITY AND COUNTRY SCHOOL INC CITY 2122427802 146 WEST 13TH STREET NEW YORK NY 10011 MINDY N SCHEFEN DIR. OF FINANCE & OPERATIONS 2122427802 2023-03-13 1 MINDY SCHEFEN 999009999 EVA MRUK P00543254 9143818900 2023-03-13 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SCOTT MORAN 146 WEST 13TH STREET NEW YORK NY 10011 22690044 0 X WWW.CITYANDCOUNTRY.ORG X 1914 NY TO PROVIDE FOR THE EDUCATIONAL NEEDS OF CHILDREN FROM NURSERY THROUGH EIGHTH GRADE. 21 14 177 112 0 0 5555202 5061793 16291546 16791744 403885 223484 56868 -34958 22307501 22042063 3890357 3297950 0 0 13606593 12953215 6000 54000 532368 4684179 6413558 22187129 22718723 120372 -676660 54176902 49971219 19981839 17852947 34195063 32118272 SEE SCHEDULE O. 0 0 18191702 3297950 16791744 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 339 STUDENTS IN THE 2021 - 2022 SCHOOL YEAR. 18191702 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 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 43 0 177 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 MINDY N SCHEFEN 2125065944 146 WEST 13TH STREET NEW YORK NY 10011 X SCOTT MORAN PRINCIPAL 45.00 X X 456577 0 77663 RUTH CATALDO TEACHER TRUSTEE 42.00 X 94707 0 24558 MEGAN HOLLAND TEACHER TRUSTEE 42.00 X 87014 0 18588 JOSH CENDER CHAIR 10.00 X X 0 0 0 PAUL SALMON TREASURER 4.00 X X 0 0 0 KATE BOSTOCK-SHEFFERMAN SECRETARY 9.00 X X 0 0 0 LAKSHMAN ACHUTHAN TRUSTEE 1.00 X 0 0 0 MELISSA BEYER TRUSTEE 1.00 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 LEAH MODIGLIANI 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 VERONICA RIVERA SAVAGE TRUSTEE 1.00 X 0 0 0 NAMITA TOLIA TRUSTEE 1.00 X 0 0 0 TODD TRILLER 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 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 40.00 X 245539 0 26284 PENNY ARNOLD DIRECTOR OF DEVELOPMENT 40.00 X 173190 0 28286 GIRISH THADHANI CONTROLLER 40.00 X 162167 0 19968 ELISE BAUER DIRECTOR OF ADMISSIONS 40.00 X 162146 0 31024 REEM ABU-AMARA DIRECTOR OF TECH THRU 6.30.21 40.00 X 154697 0 20317 JANE CLARKE DIRECTOR OF LOWER SCHOOL 40.00 X 150654 0 52170 1686691 0 298858 25 0 1 0 PAWLEY INTERIOR CONTRACTING INC 336 EAST 94TH ST NEW YORK NY 10128 CONSTRUCTION SERVICES 481477 CATER TO YOU 665 BROADWAY SUITE 503 NEW YORK NY 10012 KITCHEN SERVICES 478485 MIRIMUS INC 760 PARKSIDE AVENUE SUITE 206 BROOKLYN NY 11226 COVID-19 TESTING SERVICES 223960 INTEGRATED SECURITY SERVICES INC PO BOX 780865 PHILADELPHIA PA 191780865 SECURITY SERVICES 164335 GREEN ONE Q CORP PO BOX 580065 FLUSHING NY 113580065 CLEANING SERVICES 134596 5 274995 2249711 2537087 42598 5061793 TUITION AND FEES 611110 16361084 16361084 AUXILIARY SERVICES 611110 430660 430660 16791744 226000 226000 249 249 500000 502516 -2516 -2516 -2516 36050 274995 128237 -92187 -92187 12793 17228 -4435 -4435 INSURANCE REBATES 900099 42633 42633 APPLICATION FEES 900099 9900 9900 OTHER INCOME 900099 8882 8882 61415 22042063 16791744 0 188526 3297950 3297950 1015943 301994 663822 50127 22907 22534 284 89 9443661 7560690 1601999 280972 505430 414998 68167 22265 1169800 971573 171545 26682 795474 572264 202325 20885 362681 362681 55350 55350 54000 54000 1821143 1476043 311365 33735 61773 54347 7426 705102 632400 55824 16878 332447 151323 180943 181 1093209 979638 111281 2290 83676 82654 766 256 77805 55831 21974 1198447 1178912 14861 4674 78719 78719 INSTRUCTIONAL & AUXILIA 480935 480935 MISCELLANEOUS EXPENSE 53225 11963 29354 11908 ANNUAL BOND ISSUER FEE 9046 9046 22718723 18191702 3994653 532368 4957061 3333570 11253741 11241570 963938 919448 131958 124606 36569375 13721534 23701779 22847841 13086128 11424039 82297 80145 54176902 49971219 487004 1025514 5871179 5773468 11665856 11053965 1957800 0 19981839 17852947 X 27112364 25744780 7082699 6373492 34195063 32118272 54176902 49971219 -676660 -1400131 0 X X 0 1 X 1 0 X 1608871 2004256 1959124 5765069 5061793 16399113 1608871 2004256 1959124 5765069 5061793 16399113 2182172 14216941 155481 330085 322583 205380 226250 1239779 75827 59170 93153 56875 61415 346440 17985332 82849238 0.79050 0.51600 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. OTHER INCOME - 2017 AMOUNT: $ 75,827. 2018 AMOUNT: $ 59,170. 2019 AMOUNT: $ 7,027. 2020 AMOUNT: $ 6,662. 2021 AMOUNT: $ 5,919. IRS REFUND - 2019 AMOUNT: $ 31,147. 2020 AMOUNT: $ 586. APPLICATION FEES - 2021 AMOUNT: $ 9,900. LATE FEES - 2021 AMOUNT: $ 2,620. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11406312 41600 -1182780 30000 10235132 8930788 36919 2468605 30000 11406312 8319003 316360 325425 30000 8930788 7538749 326500 486744 30000 2990 8319003 6682575 278320 577854 7538749 0.38104 0.61896 0 0 5152000 5152000 29085856 11927581 17158275 168738 80799 87939 2154781 1713154 441627 8000 8000 22847841 X 17402215 -1400131 17228 -1382903 18785118 3256945 3256945 22042063 19479006 17228 17228 19461778 3256945 3256945 22718723 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, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B 17,228. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID EXPENSES TO PART IX, LINE 2 3,256,945. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B 17,228. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID EXPENSES TO PART IX, LINE 2 3,256,945. 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 RECEIVED REIMBURSEMENT FROM THE UNIVERSAL SERVICE ADMINISTRATIVE CO. (USAC) UNDER THE DIRECTION OF THE FEDERAL COMMUNICATIONS COMMISSION (FCC) FOR HIGH SPEED INTERNET ACCESS THROUGH THE E-RATE PROGRAM. THE SCHOOL WAS FORGIVEN FOR ITS SECOND PAYCHECK PROTECTION PROGRAM LOAN. X X X X X X X 1 ORR GROUP 747 3RD AVENUE 34A NEW YORK NY 10017 FUNDRAISING CONSULTING 0 0 54000 -54000 54000 -54000 NY BENEFIT 311045 274995 36050 7025 55050 4100 62062 311045 274995 36050 7025 55050 4100 62062 128237 -92187 1 FINANCIAL AID FOR STUDENTS - TUITION 85 3147400 FINANCIAL AID FOR STUDENTS - AUXILIARY PROGRAMS 74 109545 NON-TUITION FINANCIAL AID FOR STUDENTS 18 41005 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 1 0 0 0 0 0 0 1 0 SCOTT MORAN PRINCIPAL 334146 0 15000 0 107431 0 29000 0 48663 0 534240 0 0 0 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 224188 0 0 0 21351 0 12290 0 13994 0 271823 0 0 0 JANE CLARKE DIRECTOR OF LOWER SCHOOL 149178 0 0 0 1476 0 17042 0 35128 0 202824 0 0 0 PENNY ARNOLD DIRECTOR OF DEVELOPMENT 172372 0 0 0 818 0 13983 0 14303 0 201476 0 0 0 ELISE BAUER DIRECTOR OF ADMISSIONS 161113 0 0 0 1033 0 16386 0 14638 0 193170 0 0 0 GIRISH THADHANI CONTROLLER 161600 0 0 0 567 0 8080 0 11888 0 182135 0 0 0 REEM ABU-AMARA DIRECTOR OF TECH THRU 6.30.21 77863 0 0 0 76834 0 7850 0 12467 0 175014 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 4A THE SCHOOL HAD A CONTRACTUAL OBLIGATION TO PAY THE DIRECTOR OF TECHNOLOGY $65,418 IN 2021. THESE PAYMENTS WERE TAXABLE TO THE RECIPIENT. PART I, LINE 7 CERTAIN INDIVIDUALS RECEIVED A DISCRETIONARY BONUS DURING THE YEAR REPORTED IN THEIR 2021 W-2. A INDUSTRIAL DEVELOPMENT AUTHORITY OF PHOENIX ARIZONA 522038405 2020-04-01 13134852 REFI ACQUISITION, CONSTRUCTION, IMPROVEMENT & EQUIPPING FACILITIES 2013 0 0 0 A 1865983 13134852 13134852 2013 1 0 1 1 A 0 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 113900 FINANCIAL AID FOR STUDENTS - TUITION TUITION DISCOUNT 3435 FINANCIAL AID FOR STUDENTS - AUXILIARY PROGRAMS AUXILIARY PROGRAM FEE DISCOUNT 1350 OTHER NON-TUITION FINANCIAL AID DISCOUNT FOR OTHER FEES AND SERVICES X 2000 COST X 8 37598 AVG SELLING PRICE X 1 3000 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 2021. 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 AT 146 WEST 13TH STREET, NEW YORK, NY 10011 OR BY CALLING THE ORGANIZATION DIRECTLY AT 212-242-7802. FORM 990, PART VII: SCOTT MORAN, RUTH CATALDO, 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.