2023-04-26T17:48:44-05:00 2022-06-30 390859910 BAKER TILLY US LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2021-07-01 386143974 GREENHILLS SCHOOL GREE 7347694010 850 GREENHILLS DRIVE ANN ARBOR MI 48105 JOHN R NICKEL CHIEF FINANCIAL OFFICER 7347694010 2023-04-25 1 JOHN NICKEL XXX-XX-XXXX TROY MARINE CPA P00187863 4147775500 2023-04-25 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z PETER B FAYROIAN 850 GREENHILLS DRIVE ANN ARBOR MI 48105 18428197 0 X WWW.GREENHILLSSCHOOL.ORG X 1968 MI GREENHILLS SCHOOL IS A STUDENT-CENTERED COMMUNITY THAT HELPS YOUNG PEOPLE REALIZE THEIR FULL INTELLECTUAL, ETHICAL, ARTISTIC, AND ATHLETIC POTENTIAL IN PREPARATION FOR COLLEGE AND BEYOND AS CURIOUS, CREATIVE, AND RESPONSIBLE CITIZENS WHO RESPECT ALL INDIVIDUALS AND THEIR DIFFERENCES, AND WHOSE MEANINGFUL AND BALANCED LIVES WILL BETTER THE WORLD.THE PROMOTION OF DIVERSITY IS ESSENTIAL TO THE ETHOS AND PRACTICES OF GREENHILLS SCHOOL. WE BELIEVE THAT PEOPLE FROM ALL RACES, CULTURES, SOCIO-ECONOMIC BACKGROUNDS, GENDERS, ABILITIES, RELIGIONS, AND SEXUALITIES ARE SOURCES OF STRENGTH THAT ENRICH TEACHING AND LEARNING. WE STRIVE TO BUILD A DIVERSE LEARNING COMMUNITY BY ACTIVELY VALUING INDIVIDUAL EXPERIENCES, IDEAS, AND TALENTS. 11 11 160 25 0 0 2346290 552166 14866939 17434856 671276 252358 58862 79662 17943367 18319042 1836091 2093923 0 0 9942009 11195420 0 0 842552 3817316 4596107 15595416 17885450 2347951 433592 38781499 37488516 11150152 11276788 27631347 26211728 X GREENHILLS SCHOOL IS A STUDENT-CENTERED COMMUNITY THAT HELPS YOUNG PEOPLE REALIZE THEIR FULL INTELLECTUAL, ETHICAL, ARTISTIC, AND ATHLETIC POTENTIAL IN PREPARATION FOR COLLEGE - AND BEYOND - AS CURIOUS, CREATIVE, AND RESPONSIBLE CITIZENS WHO RESPECT ALL INDIVIDUALS AND THEIR DIFFERENCES, AND WHOSE MEANINGFUL AND BALANCED LIVES WILL BETTER THE WORLD. 0 0 12655417 2093923 17447660 GREENHILLS SCHOOL IS AN INDEPENDENT, NON-DENOMINATIONAL, COED COLLEGE PREPARATORY SCHOOL ENROLLING GRADES 6-12 WITH AN EMPHASIS ON SCHOLASTIC, ATHLETIC, ARTISTIC AND EDUCATIONAL EXCELLENCE FOR APPROXIMATELY 560 STUDENTS. THE SCHOOL OFFERS A NEED BASED FINANCIAL AID PROGRAM COVERING TUITION FOR APPROXIMATLEY 122 STUDENTS IN FISCAL YEAR ENDING JUNE 30, 2022.THE SCHOOL ALSO PROVIDES FOR TUITION REMISSION FOR THE CHILDREN OF EMPLOYEES MEETING CERTAIN LONGEVITY REQUIREMENTS. THIS PROGRAM BENEFITED 17 STUDENTS THIS FISCAL YEAR. 12655417 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 160 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X JOHN R NICKEL 7347694010 850 GREENHILLS DRIVE ANN ARBOR MI 48105 MRS JENNIFER CONLIN PRESIDENT 4.00 X X 0 0 0 MR RIYAZ KANJI VICE-PRESIDENT 4.00 X X 0 0 0 MR D WILLIAM PUMPHREY TREASURER 4.00 X X 0 0 0 MRS NEDA MIRAFZALI RYAN SECRETARY 4.00 X X 0 0 0 MR PAUL DIMARZO TRUSTEE 1.00 X 0 0 0 DR ALEC GALLIMORE TRUSTEE 1.00 X 0 0 0 MR JEFF KERSTEN TRUSTEE 1.00 X 0 0 0 MS MARTHA MAUGH TRUSTEE 1.00 X 0 0 0 MRS KELLY SORINI TRUSTEE 1.00 X 0 0 0 MR TED SPENCER TRUSTEE 1.00 X 0 0 0 MRS FRAN TALSMA TRUSTEE 1.00 X 0 0 0 MR PETER B FAYROIAN HEAD OF SCHOOL 50.00 X 360276 0 77034 MR JOHN R NICKEL CHIEF FINANCIAL OFFICER 50.00 X 180083 0 36930 MS ELIZABETH Q MCLAUGHLIN ASSOCIATE HEAD OF SCHOOL 50.00 X 182335 0 34407 MS MARISSA GREEN DIRECTOR OF IT 50.00 X 137307 0 33529 MR PAUL GARGARO DIRECTOR OF ADVANCEMENT 50.00 X 172481 0 14386 MRS ELIZABETH ELLSWORTH DIRECTOR OF COLLEGE COUNSELING 50.00 X 127934 0 22705 MR JONATHAN SCHWARTZ ASSOCIATE COLLEGE COUNSELOR 50.00 X 118156 0 30230 MR MICHAEL SHAW DIRECTOR OF MARKETING & COMM 50.00 X 118209 0 26923 1396781 0 276144 11 0 1 0 BEYNON SPORTS SURFACES INC 16 ALT ROAD HUNT VALLEY MD 21030 SYNTHETIC TRACK 391500 PLUM MARKET FOOD SERVICE LLC 30777 NORTHWESTERN HWY SUITE 301 FARMINGTON HILLS MI 48334 DINING SERVICES 364670 2 31315 520851 27322 552166 TUITION 611600 17319930 17319930 EXAM REVENUE 611710 44624 44624 AFTER SCHOOL ACTIVITIE 611710 43178 43178 TRIP REVENUE 611710 27124 27124 17434856 296500 296500 23146 23240 44048 -94 -44048 -44142 -44142 8377 31315 10023 -1646 -1646 44648 31844 12804 12804 FOOD SERVICE REFUND 900099 38000 38000 MISCELLANEOUS REVENUE 900099 30504 30504 68504 18319042 17447660 0 319216 2093923 2093923 871065 217534 566069 87462 8032646 5576054 1974451 482141 593687 374310 181410 37967 1045251 666445 322224 56582 652771 428723 182787 41261 7225 7225 43693 43693 36362 36362 1581559 1515715 65844 762378 64348 667045 30985 178737 178737 212428 206501 4942 985 112757 112757 1083463 1053234 25206 5023 128964 128964 ADMISSIONS 177711 177711 REPAIRS AND MAINTENANCE 171391 167136 3548 707 PUBLIC RELATIONS 99439 99439 17885450 12655417 4387481 842552 76886 67747 8822376 7511711 67756 19000 45413 28452 152264 213973 34291087 17018571 17642660 17272516 11851955 11983278 122189 391839 38781499 37488516 629423 320071 6530462 7538568 3714108 3353131 276159 65018 11150152 11276788 X 18384117 18204979 9247230 8006749 27631347 26211728 38781499 37488516 X 433592 -2116846 263635 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10192740 26976 -1489108 76567 264989 8389052 8280097 15485 2452282 67228 487896 10192740 8298730 11555 358459 55500 333147 8280097 8276750 21567 485182 59309 425460 8298730 7817817 26937 728024 59234 236794 8276750 0.11340 0.68910 0.19750 1 0 173981 173981 25519502 13196609 12322893 5949282 2253279 3696003 1559219 919090 640129 1089103 649593 439510 17272516 OTHER LIABILITIES 1387 AGENCY FUNDS DUE TO STUDENT GROUPS 53440 ACCRUED PENSION AND POST-RETIREMENT BENEFITS 10191 65018 X 14404601 -2116846 -1803100 -3919946 18324547 36362 -41867 -5505 18319042 16087855 41867 41867 16045988 36362 1803100 1839462 17885450 PART V, LINE 4: ENDOWMENT FUNDS ARE FOR FINANCIAL AID, UPKEEP OF THE ATHLETIC FIELDS, UPKEEP OF THE THEATER, FACULTY GROWTH AND LEARNING, INSTRUCTIONAL ENHANCEMENT PROGRAMS FOR ARTS AND SCIENCE, SENIOR AWARDS, AND FACULTY COMPENSATION. PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE SCHOOL HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID RECLASSIFIED -1,803,100. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -31,844. SPECIAL EVENT EXPENSES -10,023. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 31,844. SPECIAL EVENT EXPENSES 10,023. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID RECLASSIFIED 1,803,100. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS POLICY IS COMMUNICATED ON OUR WEBSITE, PRINTED ON INFORMATIONAL BROCHURES, APPLICATION MATERIALS, ADVERTISING AND OTHER DIRECT MARKETING ITEMS. GRYFUN RUN & WALK 39692 31315 8377 6533 1834 400 1256 39692 31315 8377 6533 1834 400 1256 10023 -1646 1 NEED-BASED FINANCIAL AID 122 1803100 FMV REDUCTION IN GROSS TUITION DUE TUITION REMISSION PROGRAM FOR FACULTY MEMBERS 17 290823 FMV REDUCTION IN GROSS TUITION DUE PART I, LINE 2: NEED-BASED FINANCIAL AID IS AWARDED TO QUALIFIED FAMILIES AS A REDUCTION IN THEIR GROSS TUITION AMOUNT. NO CASH AWARD IS ACTUALLY DISTRIBUTED. IF THEY DO NOT ACCEPT THE AWARD AND ENROLL THEIR CHILD, THE FINANCIAL AID AWARD IS DISTRIBUTED TO SOMEONE ELSE. X X X X X 0 0 0 0 0 0 0 0 0 MR PETER B FAYROIAN HEAD OF SCHOOL 360276 0 0 0 0 0 24920 0 52114 0 437310 0 0 0 MR JOHN R NICKEL CHIEF FINANCIAL OFFICER 180083 0 0 0 0 0 12726 0 24204 0 217013 0 0 0 MS ELIZABETH Q MCLAUGHLIN ASSOCIATE HEAD OF SCHOOL 182335 0 0 0 0 0 14350 0 20057 0 216742 0 0 0 MR PAUL GARGARO DIRECTOR OF ADVANCEMENT 172481 0 0 0 0 0 12070 0 2316 0 186867 0 0 0 MS MARISSA GREEN DIRECTOR OF IT 137307 0 0 0 0 0 9727 0 23802 0 170836 0 0 0 MRS ELIZABETH ELLSWORTH DIRECTOR OF COLLEGE COUNSELING 127934 0 0 0 0 0 9232 0 13473 0 150639 0 0 0 SUBJECT TO FERPA LAWS FERPA LAWS 71190 MERIT AND NEED BASED TUITION REMISSION FOR ELIGIBLE EMPLOYEES' STUDENTS X 4 27322 NET SELLING PRICE 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE TRUSTEESHIP HAS DELEGATED AUTHORITY TO ACT ON ALL FINANCIAL MATTERS OF THE SCHOOL TO THE FINANCE COMMITTEE (COMPRISED OF 4 TRUSTEES AND 3 EX-OFFICIO MEMBERS). THE TRUSTEESHIP ALSO HAS AN EXECUTIVE COMMITTEE (COMPRISED OF ALL COMMITTEE CHAIRS AND 1 EX-OFFICIO MEMBER). FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE IS PRESENTED WITH A COPY OF THE COMPLETE FORM 990 BEFORE FILING. THE FINANCE COMMITTEE HAS BEEN GIVEN THE AUTHORITY BY THE ENTIRE BOARD OF TRUSTEES TO ACT ON ITS BEHALF RELATED TO FINANCIAL MATTERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND TRUSTEES. BOARD QUESTIONNAIRES ARE COMPLETED ANNUALLY AT THE BEGINNING OF THE FISCAL YEAR. POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD. THE BOARD PROVIDES GUIDANCE AND TAKES ACTION ON THE CONFLICTS AS APPROPRIATE. BOARD MEMBERS WITH CONFLICTS MUST RECUSE THEMSELVES FROM DELIBERATION AND VOTING ON MATTERS PERTAINING TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A PERFORMANCE REVIEW IS CONDUCTED BY ALL TRUSTEES AND COMPARATIVE COMPENSATION DATA IS ANALYZED. ALL OTHER COMPENSATION LEVELS AND RAISES ARE ANNUALLY DETERMINED BY THE HEAD OF SCHOOL USING A SALARY POOL THAT HAS BEEN APPROVED BY THE FINANCE COMMITTEE. THE HEAD OF SCHOOL USES NAIS BENCHMARK STATISTICS FOR COMPARATIVE DATA. LAST PERFORMED IN SPRING OF 2021. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP GAIN 263,635. FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.