2023-05-03T13:26:15-05:00 2022-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2021-07-01 131623919 THE CALHOUN SCHOOL CALH 2124976500 433 WEST END AVENUE NEW YORK NY 10024 STEVEN SOLNICK HEAD OF SCHOOL 2124976500 2023-05-02 1 STEVEN SOLNICK 999009999 CANDICE METH P01306891 2129498700 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEVEN SOLNICK 433 WEST END AVENUE NEW YORK NY 10024 42400413 0 X WWW.CALHOUN.ORG X 1941 NY THE CALHOUN SCHOOL IS A PROGRESSIVE, INDEPENDENT, COEDUCATIONAL (CONTINUED IN SCHEDULE O)COLLEGE PREPARATORY SCHOOL WITH STUDENTS RANGING FROM THREE-YEAR-OLDS TO TWELFTH GRADERS. 21 21 272 150 0 0 6314721 3851552 32830503 33633467 416103 314829 0 0 39561327 37799848 9112660 10481975 0 0 22226216 22496405 0 0 853778 9275086 7533703 40613962 40512083 -1052635 -2712235 66556667 61917604 39288570 40310489 27268097 21607115 THE CALHOUN SCHOOL IS A PROGRESSIVE, INDEPENDENT, COEDUCATIONAL COLLEGE PREPARATORY SCHOOL WITH APPROXIMATELY 609 STUDENTS, RANGING FROM THREE-YEAR-OLDS TO TWELFTH GRADERS. 0 0 32681657 10481975 33633467 CALHOUN'S GOAL IS TO INSPIRE A PASSION FOR LEARNING THROUGH A PROGRESSIVE APPROACH TO EDUCATION THAT VALUES INTELLECTUAL PURSUIT, CREATIVITY, DIVERSITY, AND COMMUNITY INVOLVEMENT. 32681657 1 1 0 0 0 0 0 0 0 1 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 41 0 1 272 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X VICTOR CATANO 2124976500 433 WEST END AVENUE NEW YORK NY 10024 ALEXEI NICHOLS TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINE TAYLOR TRUSTEE 2.00 0.00 X 0 0 0 CLAUDIA SINGLETON TRUSTEE 2.00 0.00 X 0 0 0 DALE ALLSOPP TRUSTEE 2.00 0.00 X 0 0 0 DYLAN HIXON VICE CHAIR/TREASURER 2.00 0.00 X X 0 0 0 EDWARD NEWMAN TRUSTEE 2.00 0.00 X 0 0 0 HANH LIVINGSTON TRUSTEE 2.00 0.00 X 0 0 0 JAY SUGARMAN TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER KURLAND TRUSTEE 2.00 0.00 X 0 0 0 JIM GLASGOW TRUSTEE 2.00 0.00 X 0 0 0 JOEL DENNY TRUSTEE 2.00 0.00 X 0 0 0 JOHN WANG TRUSTEE 2.00 0.00 X 0 0 0 JON BRAYSHAW CHAIR 2.00 0.00 X X 0 0 0 KAREN GREENE SECRETARY 2.00 0.00 X X 0 0 0 LEIGH GERSTENBLATT TRUSTEE 2.00 0.00 X 0 0 0 LETISHA GARY TRUSTEE 2.00 0.00 X 0 0 0 LOUISE LITT TRUSTEE 2.00 0.00 X 0 0 0 MARGARET SPENCER TRUSTEE 2.00 0.00 X 0 0 0 SCOTT HIRSCH TRUSTEE 2.00 0.00 X 0 0 0 TERRY HAAS TRUSTEE 2.00 0.00 X 0 0 0 WALTER LEVITCH TRUSTEE 2.00 0.00 X 0 0 0 STEVEN SOLNICK HEAD OF SCHOOL 40.00 0.00 X 744481 0 61754 BRENDAN DOYLE DIRECTOR OF FINANCE (THRU 01/22) 40.00 0.00 X 226797 0 34455 DOROTHY LAMONACA INTERIM CFO AS OF 01/23 40.00 0.00 X 0 0 0 ERIC OSORIO ASSOCIATE HEAD OF SCHOOL FOR TEACHING AND LEARNING 40.00 0.00 X 222375 0 16650 LAWRENCE MITCHELL DIRECTOR OF DEVELOPMENT 40.00 0.00 X 209425 0 23763 ALLISON ROTHSCHILD DIRECTOR OF LOWER SCHOOL- EARLY CHILDHOOD 40.00 0.00 X 204040 0 14625 DANIEL ISQUITH DIRECTOR OF UPPER SCHOOL 40.00 0.00 X 187626 0 22767 ANDREW HUME DIRECTOR OF ENROLLMENT 40.00 0.00 X 186135 0 21884 LISA BIANCHI MERRITT DIR. OF COLLEGE COUNSELING 40.00 0.00 X 174735 0 37440 JONATHAN HAFF DIR. OF TECH AND BLDG OPS 40.00 0.00 X 191153 0 8628 2346767 0 241966 49 0 1 0 EMERALD SERVICES INC ONE FAIRCHILD COURT SUITE 100 PLAINVIEW NY 11803 MAINTEANCE 1452439 ALLIED UNIVERSAL SECURITY SERVICES P O BOX 828854 PHILADELPHIA PA 191828854 SECURITY 196473 MIRIMUS INC 760 PARKSIDE AVENUE SUITE 206 BROOKLYN NY 11226 COVID TESTING 152898 VERONA CARPENTER ARCHITECTS PLLC 59 HESTER STREET GROUND FLOOR NEW YORK NY 10002 ARCHITECTURE AND INTERIOR DESIGN 105500 4 378936 1311062 2161554 222659 3851552 TUITION, ADMISSION, REGISTRATION 611710 33045571 33045571 AFTERSCHOOL PROGRAM 611710 385260 385260 OTHER INCOME 611710 200008 200008 THEATRE PRODUCTIONS INCOME 611710 2628 2628 33633467 306427 306427 4303332 4294930 8402 8402 8402 305635 378936 305635 0 37799848 33633467 0 314829 10481975 10481975 1455899 1175589 237655 42655 16937336 13676326 2764784 496226 867895 700796 141672 25427 2075271 1675711 338759 60801 1160004 936664 189354 33986 208228 208228 86359 86359 55864 55864 20915 20915 2972874 1464815 1374743 133316 1117754 894203 223551 721243 721243 1703776 1363021 340755 194627 194627 STUDENT CAFETERIA 390696 312557 78139 CATERING AND ENTERTAINM 61367 61367 40512083 32681657 6976648 853778 2214076 1852570 5254305 6057004 1459782 1220661 358580 244346 478330 398531 70786024 33422902 37867034 37363122 18924560 14781370 66556667 61917604 2261120 3121499 9161939 8919257 27865511 28269733 39288570 40310489 X 8584664 8147856 18683433 13459259 27268097 21607115 66556667 61917604 X -2712235 -2620133 -328614 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18656449 652756 -2368864 3481082 13459259 15195695 407738 3575831 522815 18656449 16158927 585881 37560 1586673 15195695 15515817 568373 515777 441040 16158927 14424685 949328 536272 394468 15515817 0.95000 0.05000 0 0 4837227 4837227 60999080 29514787 31484293 3962008 3908115 53893 987709 987709 37363122 X 24641876 -2620133 -2620133 27262009 55864 10481975 10537839 37799848 30302858 0 30302858 55864 10153361 10209225 40512083 PART V, LINE 4: THE SCHOOL'S ENDOWMENT GENERATES A PREDICTABLE STREAM OF REVENUE THAT HELPS FUND ITS PROGRAMS, AS WELL AS FUND FINANCIAL AID. PART X, LINE 2: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. DUE TO THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI LINE 4B FINANCIAL AID OF $10,481,975 NETTED AGAINST REVENUE PER AUDITED FINANCIAL STATEMENTS, INCLUDED IN EXPENSES PER FORM 990. PART XII LINE 4B FINANCIAL AID OF $10,481,975 NETTED AGAINST REVENUE PER AUDITED FINANCIAL STATEMENTS, INCLUDED IN EXPENSES PER FORM 990, AND LOSS ON UNCOLLECTIBLE ACCOUNTS INCLUDED WITH EXPENSES ON FINANCIAL STATEMENTS, BUT CONSIDERED A RECONCILING ITEM TO NET ASSETS FOR TAX PURPOSES, OF ($328,614) = $10,153,361. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS A MEMBER OF THE INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK (ISAAGNY). ISAAGNY PUBLISHES ITS RACIALLY NON-DISCRIMINATION POLICY, LISTING EACH MEMBER SCHOOL, EACH YEAR IN THE NY METRO DAILY NEWSPAPER. THE POLICY WAS PUBLISHED IN THE AUGUST 23, 2021 ISSUE OF THE NEWSPAPER. THE POLICY IS ALSO POSTED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED $1,311,062, GOVERNMENT FUNDING FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. ANNUAL BENEFIT 684571 378936 305635 111716 166719 27200 684571 378936 305635 111716 166719 27200 305635 0 1 FINANCIAL AID PROVIDED TO STUDENTS 248 10481975 FMV TUITION REDUCTION PART I, LINE 2: THE CALHOUN SCHOOL'S FINANCIAL AID COMMITTEE REVIEWS PARENT FINANCIAL STATEMENTS, INCLUDING INDIVIDUAL TAX RETURNS, AND AWARDS STUDENTS SCHOLARSHIPS ON THE BASIS OF FINANCIAL NEED. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 STEVEN SOLNICK HEAD OF SCHOOL 574481 0 0 0 170000 0 37557 0 24197 0 806235 0 0 0 BRENDAN DOYLE DIRECTOR OF FINANCE (THRU 01/22) 226797 0 0 0 0 0 16892 0 17563 0 261252 0 0 0 ERIC OSORIO ASSOCIATE HEAD OF SCHOOL FOR TEACHIN 222375 0 0 0 0 0 16650 0 0 0 239025 0 0 0 LAWRENCE MITCHELL DIRECTOR OF DEVELOPMENT 209425 0 0 0 0 0 15135 0 8628 0 233188 0 0 0 ALLISON ROTHSCHILD DIRECTOR OF LOWER SCHOOL- EARLY CHIL 204040 0 0 0 0 0 14625 0 0 0 218665 0 0 0 LISA BIANCHI MERRITT DIR. OF COLLEGE COUNSELING 174735 0 0 0 0 0 13243 0 24197 0 212175 0 0 0 DANIEL ISQUITH DIRECTOR OF UPPER SCHOOL 187626 0 0 0 0 0 13754 0 9013 0 210393 0 0 0 ANDREW HUME DIRECTOR OF ENROLLMENT 186135 0 0 0 0 0 13256 0 8628 0 208019 0 0 0 JONATHAN HAFF DIR. OF TECH AND BLDG OPS 191153 0 0 0 0 0 0 0 8628 0 199781 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDED ADDITIONAL BENEFITS TO ITS HEAD OF SCHOOL INCLUDING THE FOLLOWING: HOUSING ALLOWANCE AND DEPENDENT EDUCATION ALLOWANCE. PART I, LINE 3 DETERMINATION OF COMPENSATION: THE SCHOOL HAS AN EXECUTIVE COMMITTEE WHICH SETS THE COMPENSATION FOR THE HEAD OF SCHOOL BASED ON COMPARABLE DATA FOR PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. HEAD OF SCHOOL SETS THE COMPENSATION FOR KEY EMPLOYEES ALSO BASED ON COMPARABLE DATA OBTAINED FOR PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL HAS A WRITTEN EMPLOYMENT CONTRACT SIGNED BY THE BOARD CHAIRMAN. PART I, LINE 4B THE SCHOOL MAINTAINS A DEFERRED-COMPENSATION PLAN UNDER SECTION 457(B) FOR THE HEAD OF SCHOOL. EMPLOYER CONTRIBUTIONS TO PLAN BY THE SCHOOL WAS $18,699 DURING CALENDAR YEAR 2021. A BUILD NYC RESOURCE CORPORATION 454040561 2013-09-30 32840000 THE CALHOUN SCHOOL PROJECT. 0 0 0 A 30295000 32840000 775814 1769186 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 X 8 110943 PUBLISHED MARKET QUOTES X SEE PART II 152 111716 COMPARABLE SALES 0 1 1 PART I, COLUMN (B): THE SCHOOL RECEIVED 8 STOCK SECURITIES FROM VARIOUS DONORS DURING FISCAL YEAR 2022. OTHER NONCASH CONTRIBUTIONS THERE WERE 152 ITEMS DONATED FOR AUCTION WHICH WERE RECORDED AT FAIR VALUE TOTALING $111,716. PART I, LINE 32B: AN AUCTIONEER WAS HIRED WITH FIXED FEE FOR THE ANNUAL BENEFIT EVENT. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD IS GIVEN A COPY OF THE FORM 990 AND RELATED SCHEDULES FOR THEIR REVIEW. QUESTIONS AND COMMENTS FROM ANY TRUSTEE ARE ADDRESSED PRIOR TO THE SUBMISSION OF THE FORM 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A CONFLICT OF INTEREST POLICY THAT IS SIGNED ANNUALLY BY KEY EMPLOYEES AND MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL HAS AN EXECUTIVE COMMITTEE WHICH SETS THE COMPENSATION FOR THE HEAD OF SCHOOL BASED ON COMPARABLE DATA FROM PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL SETS THE COMPENSATION FOR KEY EMPLOYEES ALSO BASED ON COMPARABLE DATA OBTAINED FROM PEER INSTITUTIONS AND OTHER THIRD-PARTY SOURCES. THE HEAD OF SCHOOL HAS A WRITTEN EMPLOYMENT CONTRACT SIGNED BY THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS 990 AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THE 990 CAN ALSO BE OBTAINED THROUGH GUIDESTAR.ORG (NOW CALLED CANDID). THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE RECEIVABLES -328,614.