2023-05-05T15:12:31-05:00 2022-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2021-07-01 751085363 FORT WORTH COUNTRY DAY SCHOOL INC FORT 8177327718 4200 COUNTRY DAY LANE FORT WORTH TX 76109 THOMAS MITCHELL CFOO 8177327718 2023-05-05 1 THOMAS MITCHELL 999009999 MATTHEW PETROSKI P00853132 9726611843 2023-05-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ERIC LOMBARDI 4200 COUNTRY DAY LANE FORT WORTH TX 76109 45275011 0 X WWW.FWCD.ORG X 1962 TX THE MISSION OF FORT WORTH COUNTRY DAY SCHOOL IS TO FOSTER THE INTELLECTUAL, PHYSICAL, EMOTIONAL AND ETHICAL DEVELOPMENT OF CAPABLE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM THAT INTEGRATES THE ARTS AND ATHLETICS. 25 25 452 1000 67295 13275 4063444 9768883 28284290 30466243 7157428 -496067 76849 156259 39582011 39895318 3867087 3701932 0 0 21032604 20929620 0 0 1039596 9168579 9586504 34068270 34218056 5513741 5677262 119263068 121212186 34414150 34558062 84848918 86654124 THE MISSION OF FORT WORTH COUNTRY DAY SCHOOL IS TO FOSTER THE INTELLECTUAL, PHYSICAL, EMOTIONAL AND ETHICAL DEVELOPMENT OF CAPABLE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM THAT INTEGRATES THE ARTS AND ATHLETICS. 0 0 26944281 3701932 30463835 THE SCHOOL HAD A STUDENT ENROLLMENT OF 1,097. TRADITIONALLY 100 PERCENT OF FWCD GRADUATES ATTEND FOURYEAR COLLEGES AND UNIVERSITIES. THE MEMBERS OF THE CLASS OF 2022 WERE ADMITTED TO 135 DIFFERENT COLLEGES. THESE GRADUATES WERE AWARDED MORE THAN $14.3 MILLION IN MERITBASED SCHOLARSHIPS AND OTHER AWARDS. FIFTY-ONE PERCENT OF THE MEMBERS OF THE CLASS OF 2022 ATTENDED SCHOOL IN THE STATE OF TEXAS, WHILE 49 PERCENT WENT OUT OF STATE. 26944281 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 1 122 0 1 452 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TOM MITCHELL 8173023220 4200 COUNTRY DAY LANE FORT WORTH TX 76109 RANDY EISENMAN PRESIDENT 2.00 X X 0 0 0 ELYSE STOLTZ DICKERSON VICE PRESIDENT 2.00 X X 0 0 0 RUSS FLEISCHER TREASURER 2.00 X X 0 0 0 LAURA BIRD TRUSTEE 1.00 X 0 0 0 JOHN BROOKMAN TRUSTEE 1.00 X 0 0 0 BALDWIN RICKY BROWN TRUSTEE 1.00 X 0 0 0 WILLIAM BUTLER TRUSTEE 1.00 X 0 0 0 BRIAN CRUMLEY TRUSTEE 1.00 X 0 0 0 HUGO DEL POZZO TRUSTEE 1.00 X 0 0 0 DAK HATFIELD TRUSTEE 1.00 X 0 0 0 DR ELIZABETH MURPHY JONES TRUSTEE 1.00 X 0 0 0 BRYAN KING TRUSTEE 1.00 X 0 0 0 JOSH KORMAN TRUSTEE 1.00 X 0 0 0 MICHELLE MARLOW TRUSTEE 1.00 X 0 0 0 DR MONIKA MATHUR TRUSTEE 1.00 X 0 0 0 MALATHI RAVI TRUSTEE 1.00 X 0 0 0 CHRIS ROOKER TRUSTEE 1.00 X 0 0 0 MERIANNE ROTH TRUSTEE 1.00 X 0 0 0 ROB SEMPLE TRUSTEE 1.00 X 0 0 0 BLAINE SMITH TRUSTEE 1.00 X 0 0 0 MARY HALLMAN SMITH TRUSTEE 1.00 X 0 0 0 ROBERT STURNS TRUSTEE 1.00 X 0 0 0 RACHEL WERNER TRUSTEE 1.00 X 0 0 0 GEORGINA MONCRIEF CONDREY TRUSTEE 1.00 X 0 0 0 CLAUDIA COSCIA TRUSTEE 1.00 X 0 0 0 ERIC LOMBARDI HEAD OF SCHOOL 40.00 X 429135 0 33240 THOMAS MITCHELL CHIEF FINANCIAL & OPERATIONS 40.00 X 226731 0 83877 ALEXIS STERN HEAD OF UPPER SCHOOL (LEFT 06/21) 40.00 X 147758 0 7413 ERNEST UHR DIRECTOR OF TECHNOLOGY 40.00 X 134564 0 21433 PEGGY WAKELAND HEAD OF UPPER SCHOOL (START 07/21) 40.00 X 133502 0 20121 SANDRA TUOMEY DIRECTOR OF ADVANCEMENT 40.00 X 130625 0 48166 JOE BREEDLOVE DIRECTOR OF BREAKTHROUGH 40.00 X 129175 0 18756 1331490 0 233006 22 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 LUNCH SERVICES 1047155 PARAGON SPORTS CONSTRUCTORS 5001 SAUNDERS ROAD FORT WORTH TX 76119 STADIUM & TRACK CONSTRUCTION 555698 ZAFEDA & JO CONCRETE LLC 12853 FM 740 FORNEY TX 75126 CONCRETE WORK 117491 DFW GLAZING INC 4308 CLAY AVENUE HALTOM CITY TX 76117 WINDOW REPAIR / REPLACEMENT 103268 4 79303 3811279 5878301 78899 9768883 TUITION AND FEES 611710 28870629 28870629 SUMMER SCHOOL 611710 793627 793627 AUXILIARY INCOME 611710 772227 769819 2408 TRANSPORTATION SERVICE 611710 29760 29760 30466243 369223 64887 304336 48970 48970 4332640 5197930 -865290 -865290 -865290 90606 79303 70662 19944 19944 54627 32398 22229 22229 143819 78703 65116 65116 39895318 30463835 67295 -404695 3701932 3701932 806725 785843 20882 16104383 12277031 3162219 665133 1036922 819584 173770 43568 1831331 1455924 298577 76830 1150259 835059 268539 46661 33916 33916 61600 61600 405084 405084 328684 134809 193875 156127 49617 106510 46044 33697 10300 2047 2900716 2715070 171142 14504 22523 6805 3259 12459 29749 21772 6655 1322 132015 123566 7789 660 1548296 1449205 91350 7741 SUPPLIES 1782365 1304422 398717 79226 DINING SERVICES 1105172 1105172 STUDENT ACTIVITY FEES 501110 501110 PARENT FACULTY ASSN 193811 193811 339292 215695 55034 68563 34218056 26944281 6234179 1039596 6554202 6797512 7256135 7657367 2394292 8231928 13955546 14751753 622219 599513 1017672 1719661 73975841 37610770 36189433 36365071 10842681 9145096 40430888 35944285 119263068 121212186 3716073 3589939 24689714 25487383 5858363 5080740 150000 400000 34414150 34558062 X 48575365 50179534 36273553 36474590 84848918 86654124 119263068 121212186 X 5677262 -3867389 -4667 X X 0 1 X 1 0 X 2612295 2347229 2837672 4058777 9768883 21624856 2612295 2347229 2837672 4058777 9768883 21624856 2315964 19308892 769568 433574 359498 206997 418193 2187830 222491 356955 227196 88886 289052 1184580 24997266 139486021 0.77240 0.69610 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 11,042. GROSS INCOME FROM FUNDRAISING EVENTS - 2017 AMOUNT: $ 117,576. 2018 AMOUNT: $ 230,364. 2019 AMOUNT: $ 132,895. 2020 AMOUNT: $ 51,295. 2021 AMOUNT: $ 90,606. GROSS INCOME FROM GAMING - 2017 AMOUNT: $ 21,073. 2018 AMOUNT: $ 48,024. 2019 AMOUNT: $ 27,478. 2021 AMOUNT: $ 54,627. GROSS INCOME FROM SALES OF INVENTORY - 2017 AMOUNT: $ 72,800. 2018 AMOUNT: $ 78,567. 2019 AMOUNT: $ 66,823. 2020 AMOUNT: $ 37,591. 2021 AMOUNT: $ 143,819. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53764689 1083507 -4719570 2358011 47770615 41822549 56965 14204221 2319046 53764689 44096204 63687 87257 2424599 41822549 35875240 563037 8896540 1238613 44096204 32980939 28727 4472845 1607271 35875240 0.39270 0.37020 0.23710 0 0 3338763 3338763 61850955 32303023 29547932 5282371 4408153 874218 3503752 899594 2604158 36365071 EMERGING MARKET EQUITIES 2680680 F DIRECTIONAL EQUITY LONG/SHORT 3406947 F MARKET NEUTRAL ALTERNATIVES 7822543 F PRIVATE EQUITY 6369482 F DOMESTIC EQUITIES 4584942 F INTERNATIONAL EQUITIES 11079691 F 35944285 X 32098008 -3867389 177095 -3690294 35788302 405084 3701932 4107016 39895318 30292802 181762 181762 30111040 405084 3701932 4107016 34218056 PART V, LINE 4: THE DESIGNATED NET ASSETS OF FORT WORTH COUNTRY DAY SCHOOL, INC (THE SCHOOL) REPRESENTS FUNDS DESIGNATED BY THE BOARD TO FUND AN ENDOWMENT. THE INCOME MAY BE EXPENDABLE TO SUPPORT FUTURE CAPITAL EXPENDITURE NEEDS AS DETERMINED BY THE BOARD OF TRUSTEES. THE PERMANENTLY RESTRICTED NET ASSETS OF THE SCHOOL REPRESENT FUNDS RESTRICTED BY THE DONOR TO ESTABLISH A PERMANENT ENDOWMENT. THE INCOME FROM THE DONOR RESTRICTED ENDOWMENT MAY BE USED TO SUPPORT SCHOLARSHIPS, FACULTY SALARIES, AND OTHER SPECIFIC ENDEAVORS IDENTIFIED IN THE GIFT INSTRUMENTS. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2022 AND 2021, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE CONSIDERED NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 70,661. COST OF GOODS SOLD 78,703. GAMING EXPENSES 32,398. LOSS ON UNCOLLECTIBLE PLEDGES -4,667. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 3,701,932. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 70,661. COST OF GOODS SOLD 78,703. GAMING EXPENSES 32,398. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 3,701,932. 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'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED ON OUR WEBSITE, IN HANDBOOKS, AND IN ALL ADVERTISING AND ADMISSIONS PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE 'BREAKTHROUGH PROGRAM' RECEIVES FUNDING FROM THE TEXAS STATE COMPTROLLER FOR FOOD SERVICES. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 8618298 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 2522026 NORTH AMERICA INVESTMENTS 478298 EAST ASIA AND THE PACIFIC INVESTMENTS 1245884 0 0 0 0 0 0 12864506 0 12864506 0 0 1 0 0 1 1 0 PART I, LINE 3: FORT WORTH COUNTRY DAY SCHOOL USES THE ACCRUAL METHOD TO ACCOUNT FOR INVESTMENTS IN FOREIGN REGIONS. THIS REPORTING METHODOLOGY IS CONSISTENT WITH THE ORGANIZATION'S FINANCIAL STATEMENTS. PART III ACCOUNTING METHOD: PFA SPRING PARTY 80553 61803 18750 4850 4425 5237 1650 15977 FALCON CLUB GOLF TOURNAMENT 51000 17500 33500 2788 7200 6864 500 4609 1 38356 38356 1944 3816 5189 5613 169909 79303 90606 9582 11625 15917 7339 26199 70662 19944 28207 875 3412 1 0.90000 4875 3654 177 1 1.00000 21545 24280 0 54627 28809 3589 32398 22229 TX 1 0 0 0 1.00000 0 TAMMI HODGES 0 CONTROLLER X 0 1 0 0 FINANCIAL AID 258 3701932 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: FINANCIAL AID: ALL FINANCIAL AID IS AWARDED TO FAMILIES ON THE BASIS OF FINANCIAL NEED. PARENTS ANNUALLY COMPLETE THE PARENTS' FINANCIAL STATEMENT (PFS) AND SUBMIT IT TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) WHICH COMPUTES A PROJECTED PARENT CONTRIBUTION. PARENTS ARE FURTHER REQUIRED TO SUBMIT A COPY OF ALL FORMS W-2 AND SCHEDULES OF THEIR CURRENT AND ANY STUDENT IRS TAX RETURNS. THE DIRECTOR OF FINANCIAL AID REVIEWS THE COMPUTATIONS AND RECOMMENDS AN AWARD TO PERSONNEL ATTENDING THE FINANCIAL AID REVIEW MEETINGS. THE DIRECTOR OF FINANCIAL AID MAY REQUEST CLARIFICATION ON ANY SUBMITTED FORMS AND IS AT LIBERTY TO SECURE ANY OTHER ADDITIONAL FINANCIAL STATEMENTS OR INFORMATION THAT MAY BE RELEVANT IN DETERMINING A FAMILY'S FINANCIAL NEED. ALL FINANCIAL AID GRANTS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AND NO FINANCIAL AID DOLLARS DESIGNATED FOR TUITION, BOOKS, MEAL PLAN OR FEES IS EVER HANDED TO THE RECIPIENTS OF THE GRANT. TUITION REMISSION: RECIPIENTS RECEIVE THE BENEFIT OF PAYING REDUCED TUITION AND DO NOT RECEIVE FUNDING DIRECTLY FROM THE SCHOOL. IF THE EMPLOYEE QUALIFIES FOR THE REMISSION BENEFIT THEN FUNDS ARE ALLOCATED ON THEIR BEHALF. RECORDS ARE MAINTAINED TO DOCUMENT AND SUPPORT THE ACTIVITY AND BALANCES. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 ERIC LOMBARDI HEAD OF SCHOOL 374135 0 25000 0 30000 0 20700 0 12540 0 462375 0 0 0 THOMAS MITCHELL CHIEF FINANCIAL & OPERATIONS 226731 0 0 0 0 0 17117 0 66760 0 310608 0 0 0 SANDRA TUOMEY DIRECTOR OF ADVANCEMENT 130625 0 0 0 0 0 10331 0 37835 0 178791 0 0 0 ERNEST UHR DIRECTOR OF TECHNOLOGY 134564 0 0 0 0 0 11485 0 9948 0 155997 0 0 0 ALEXIS STERN HEAD OF UPPER SCHOOL (LEFT 06/21) 72758 0 0 0 75000 0 0 0 7413 0 155171 0 0 0 PEGGY WAKELAND HEAD OF UPPER SCHOOL (START 07/21) 133502 0 0 0 0 0 13526 0 6595 0 153623 0 0 0 PART I, LINE 1A THE FOLLOWING TAXABLE COMPENSATIONS WERE PROVIDED TO OUR HEAD OF SCHOOL DURING CALENDAR YEAR 2021. HOUSING ALLOWANCE: THE SCHOOL WILL PAY THE HEAD OF SCHOOL A HOUSING ALLOWANANCE EQUAL TO $30,000 EACH CONTRACT YEAR (THE HOUSING ALLOWANCE). EACH YEAR'S HOUSING ALLOWANCE WILL BE PAID IN TWELVE EQUAL MONTHLY PAYMENTS AND SHALL BE PAYABLE ON THE FIRST DAY OF EACH CALENDAR MONTH. THE HOUSING ALLOWANCE PAYMENTS SHALL BE SUBJECT TO ALL APPROPRIATE WITHHOLDINGS AND DEDUCTIONS. THE HEAD OF SCHOOL SUPPORT COMMITTEE MEETS ANNUALLY TO DISCUSS BONUSES. THEY USE INDEX BENCHMARKING DATA TO ASSIST THEM IN DETERMINING THE INCREASE FOR THE HEAD OF SCHOOL EVERY YEAR. PART I, LINE 4A IN CALENDAR YEAR 2021, ALEXIS STERN, HEAD OF UPPER SCHOOL, RECEIVED A SEVERANCE PAYMENT OF $75,000. A SANGER CULTURAL EDUCATION FACILITIES FINANCE CORP 263736640 2016-01-14 8305000 CONSTRUCTION OF FACILITIES, REFUND 0 0 0 A 3180000 8305000 72084 1677000 6555916 2016 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 NA 0 0 0 0 0 A 0 RELATED TO SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 104405 EMPLOYMENT 0 X 7 78899 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B FORT WORTH COUNTRY DAY SCHOOL WILL REVIEW THE DRAFT OF THE FORM 990 AS PREPARED BY OUR INDEPENDENT ACCOUNTING FIRM AS FOLLOWS: 1) REVIEW BY THE HEAD OF SCHOOL, 2) REVIEW BY THE CHIEF FINANCIAL OFFICER, 3) REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND 4) ACKNOWLEDGMENT BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR, EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT REQUIRES THE BOARD MEMBER TO AFFIRM THAT THERE ARE NO KNOWN CONFLICTS OF INTEREST OR IDENTIFY AND DISCLOSE TRANSACTIONS AND FINANCIAL DEALINGS WITH THE SCHOOL. THESE STATEMENTS ARE REVIEWED BY THE PRESIDENT OF THE BOARD AND THE TREASURER WHO REPORTS TO THE EXECUTIVE COMMITTEE. AFTER REVIEW, THE STATEMENTS OF THE PRESIDENT AND TREASURER ARE SUBMITTED FOR REVIEW TO THE FULL EXECUTIVE COMMITTEE. UPON FINAL REVIEW, THESE STATEMENTS ARE KEPT ON FILE AT FWCD AND ARE AVAILABLE FOR REVIEW BY ANY INTERESTED TRUSTEE. AT THE BEGINNING OF A BOARD COMMITTEE DISCUSSION OF ANY ISSUE IN WHICH A DIRECTOR OR OFFICER, A CLOSE FAMILY MEMBER OR ANOTHER ORGANIZATION IN WHICH THEY HOLD A POSITION OF POWER MAY HAVE AN INTEREST, THE TRUSTEE WILL BE REQUIRED TO DISCLOSE THAT INTEREST AND ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF TRUSTEES SETS TUITION INCREASES AND THE PERCENTAGE INCREASE FOR SALARIES. THIS AMOUNT IS ALLOCATED TO FACULTY, STAFF AND ADMINISTRATORS BASED ON MERIT AND WITHIN A RANGE. FORT WORTH COUNTRY DAY IS A MEMBER OF THE INDEPENDENT SCHOOL ASSOCIATION OF THE SOUTHWEST, (ISAS) ITS ACCREDITING AGENCY, WHICH COMPILES AN ANNUAL REPORT BASED ON SALARY DATA SUBMITTED BY EACH MEMBER SCHOOL. THERE ARE CATEGORIES IN THIS REPORT SPECIFICALLY IDENTIFIED BY INDEPENDENT SCHOOL POSITIONS, (KEY EMPLOYEES) SUCH AS HEAD OF SCHOOL, CHIEF FINANCIAL OFFICER, DIRECTOR OF ADVANCEMENT, DIRECTOR OF ADMISSIONS, ETC. A SIMILAR REPORT IS ALSO FURNISHED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND INDEX, BOTH OF WHICH THE SCHOOL IS A MEMBER. THESE ALSO SERVE AS TOOLS FOR MEASUREMENT OF RANGES OF SALARIES BY POSITION WITHIN AN INDEPENDENT SCHOOL, SPECIFICALLY BY REGIONS WITHIN THE UNITED STATES FOR THE HEAD OF THE SCHOOL. A COMPENSTATION COMMITTEE APPOINTED BY THE BOARD OF TRUSTEES USES THIS DATA TO DEVELOP A RECOMMENDATION FOR AN ANNUAL CONTRACT. THE BOARD OF TRUSTEES GIVE FINAL APPROVAL. THIS PROCESS LAST TOOK PLACE IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE FOR REVIEW IN THE BUSINESS OFFICE AT FORT WORTH COUNTRY DAY SCHOOL. OUR ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -4,667. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. PAS HOLDINGS LLC 4200 COUNTRY DAY LANE FORT WORTH TX 76109 751085363 RENTAL TX 0 0 FWCD SCHOOL