2023-05-13T12:02:03-05:00 2022-06-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2021-07-01 591276282 The Pine School Inc PINE 7726757005 12350 SE Federal Highway Hobe Sound FL 33455 Kelly Carlson Dir. of Finance 7726757005 2023-05-05 1 Kelly Carlson 999009999 Scott Y Haynes CPA P01366363 5616896000 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Kelly Carlson 12350 SE Federal Highway Hobe Sound FL 33455 14816721 0 X www.thepineschool.org X 1969 FL The Pine School is an independent college preparatory school educating students K-12. 18 18 109 20 0 0 2899025 1343359 9513594 11424186 349696 48392 256387 678841 13018702 13494778 2492270 2458758 0 0 5139759 5571242 0 0 613754 2527735 3219303 10159764 11249303 2858938 2245475 19297694 25107183 10322707 14121587 8974987 10985596 X The Pine School's mission is to promote academic, artistic, and athletic excellence. 0 0 9400340 2458758 11424186 The Pine School is a college preparatory nonsectarian day school which provides a superior college preparatory education for children of kindergarten age through 12th grade by providing instruction and student activities. Average enrollment is over 360 students. Accomplishments include:Two scholarship programs - the "Pine School Scholarship Program" is awarded to students judged to be academically strong. The "Patriot Scholarship Program" is awarded to students of veterans and qualify on a financial needs basis.Academic program - staffed by learning (continued on Schedule O) specialists that develop a child's learning profile which includes the student's strengths and natural interests. The student support team develops a plan that matches the student's specific academic ability, developmental level and intellectual potential.Fine Arts Program - The Pine School is passionate about arts education. We believe that every student who attends our school should have a chance to develop their artistic talents. We encourage creativity and collaboration and will continue to offer opportunities for our students to contribute to our school and community through their artistic expressions.Athletic Program - The Pine School athletic program emphasizes the value of physical activity, good sportsmanship, fitness for life, and the joy of athletic competition.Other events and accomplishments include food fairs, book fairs, concerts, golf tournament, fund raising auctions, etc. 9400340 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 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 0 1 0 0 0 0 0 0 0 0 1 16 0 1 109 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X Kelly J Carlson 7726757005 12350 SE Federal Highway Hobe Sound FL 33455 X Lisa Hutchinson Chairman 2.00 X X 0 0 0 Cris Branden Treasurer 1.00 X X 0 0 0 Nadine Macon Secretary 1.00 X X 0 0 0 Russell Katz Vice Chair 1.00 X X 0 0 0 Cris Saia Trustee 1.00 X 0 0 0 Don Mader Trustee 1.00 X 0 0 0 Scott Berry Trustee 1.00 X 0 0 0 Kathleen Slater Trustee 1.00 X 0 0 0 Justin McLane Trustee 1.00 X 0 0 0 Kimberly Crook Trustee 1.00 X 0 0 0 Bill Sarcia Trustee 1.00 X 0 0 0 Michael Rhys Trustee 1.00 X 0 0 0 Tami Skelly Trustee 1.00 X 0 0 0 Sandra Price Trustee 1.00 X 0 0 0 Teresa Krastel Trustee 1.00 X 0 0 0 Wendell Cave Trustee 1.00 X 0 0 0 John Tranter Trustee 1.00 X 0 0 0 Binney P Caffrey Head of School 40.00 X 230872 0 17131 John Boyer Director of Development 40.00 X 109473 0 7125 Kelly Hilton-Green Assistant Head of School 40.00 X 106665 0 30860 447010 0 55116 3 0 1 0 Hooks Construction 2211 South Kanner Highway Stuart FL 34994 Construction Services 2254493 Flik Independent Schools PO Box 50196 Los Angeles CA 90074 Lunch and Catering Service 566901 Airstron LLC 1559 SW 21 Ave Fort Lauderdale FL 33312 Air Cooled Chillers 472984 Professional Bank 396 Alhambra Circle Ste 255 Coral Gables FL 33134 Mortgage payment & interest 414672 United Healthcare PO Box 94017 Palatine IL 94017 Health Premiums 361122 5 246688 1096671 191167 1343359 Tuition & Fees Revenue 900099 10988584 10988584 Auxillary Income 900099 408966 408966 TPS Store Income 900099 26636 26636 11424186 53429 53429 832718 837755 -5037 -5037 -5037 439982 246688 484188 -44206 -44206 Derivative Instruments 900099 553167 553167 Other Revenues 900099 127420 127420 Split-Interest Agreements 900099 42460 42460 723047 13494778 11424186 0 727233 2458758 2458758 653508 521473 81981 50054 4258626 3398208 534234 326184 62030 49498 7781 4751 251201 200448 31513 19240 345877 275996 43389 26492 17573 17573 60390 60390 905 905 110020 32527 77493 414268 354197 37298 22773 86361 66093 20268 351996 280878 44157 26961 316421 252491 39694 24236 200215 159764 25116 15335 Lunch Program 511097 511097 Teaching and School Sup 473986 473986 Repairs & Maintenance 290338 224798 65540 Admissions & Developmen 130046 102586 27460 255687 140128 65559 50000 11249303 9400340 1235209 613754 208521 239524 4429698 7052623 151447 171447 40371 28053 177415 294769 17126914 2750336 11540353 14376578 2669889 2424948 80000 519241 19297694 25107183 306384 682651 3800368 4943046 6059569 8495890 156386 0 10322707 14121587 X 5822927 7869186 3152060 3116410 8974987 10985596 19297694 25107183 2245475 -234866 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 2483285 11890 -182453 44923 2267799 1901816 67478 553789 39798 2483285 2056683 25000 -179867 1901816 2027490 73616 44423 2056683 2017000 37605 27115 2027490 0 0 1470872 1470872 6926364 1368218 5558146 2109148 1382118 727030 6620530 6620530 14376578 X 10732174 -234867 -68979 -303846 11036020 2458758 2458758 13494778 8721566 -68979 -68979 8790545 2458758 2458758 11249303 Part X, Line 2: During fiscal year 2014, the School adopted FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. This pronouncement seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position which an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions which meet a "more likely than not" threshold. The School assesses its income tax positions based on management's evaluation of the facts, circumstances and information available at the reporting date. The School uses the prescribed "more likely than not" threshold when making its assessment. At adoption, the School did not record any cumulative effect adjustment, and the School did not accrue any interest expense or penalties related to tax positions. There are currently no open federal or state tax years under audit. There is currently no unrelated business taxable income for tax year 2021. Part XI, Line 2d - Other Adjustments: Special Fundraising Event Expenses 484,188. Gain/Loss on financial instruments -553,167. Part XI, Line 4b - Other Adjustments: Tuition Discounts 2,458,758. Part XII, Line 2d - Other Adjustments: Special Fundraising Event Expenses 484,188. Gain/Loss on financial instruments -553,167. Part XII, Line 4b - Other Adjustments: Tuition Discounts 2,458,758. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 We at The Pine School are committed to continuous growth by examining and learning from diverse perspectives as an active, necessary pursuit. We encourage the respectful expression of different life experiences, thoughts, and opinions and cultivate an atmosphere in which thoughtful dialogue can flourish. We recognize and appreciate all abilities, colors, family structures, gender identities, national or ethnic origins, races, religions, sexual orientations, and socioeconomic backgrounds. Those who learn from, work at and support The Pine School commit to building an inclusive community. Auction Event 686670 246688 439982 0 484188 686670 246688 439982 484188 484188 -44206 1 Tuition Discounts 226 1650075 Scholarships 23 369525 Tuition Remissions 32 439158 Part I, Line 2: Tuition discounts are determined by policy. Tuition remission is 50% for children of full time employees. Sibling discount is 5% for 1st and 2nd siblings and 10% for 3rd and more. Scholarships are awarded based upon evaluation criteria. Grades, test scores, recommendations and interviews are used to determine scholarship awards. X X 0 0 0 0 0 0 0 0 0 Binney P Caffrey Head of School 230872 0 0 0 0 0 3579 0 13552 0 248003 0 0 0 A Florida Development Finance Corporation Educational Facilities Rev Bonds 591276282 2022-01-26 8750000 Acquisition, renovation, and improvement of Educational Facilities 0 0 0 A 8750000 2022 1 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 X 2 154029 Fair Market Value X Donated Printing Services 1 37138 Estimate Fair Value 0 0 0 Form 990, Part VI, Section A, line 6 The Pine School is a not-for-profit school governed by a board of trustees. Form 990, Part VI, Section B, line 11b A copy of Form 990 is reviewed by the Finance Committee, then it is reviewed by the full board before it is filed. Form 990, Part VI, Section B, line 12c Executive committee monitor and enforce the policy. Form 990, Part VI, Section B, line 15 The compensation levels are determined by the board using the National Association of Independent Schools compensation records as a benchmark. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, financial statement, etc. available upon request. Part XII Line 2b The audit report is reviewed at the annual audit report review meeting.