2023-05-12T13:00:36-05:00 2022-06-30 FORVIS LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2021-07-01 464345529 PARK CHILDREN'S DAY SCHOOL % TAKAE SAKUMA PARK 2122883247 4 WEST 76TH STREET NEW YORK NY 10023 BETSY NEWELL SCHOOL DIRECTOR 2122883247 2022-11-15 true TAKAE SAKUMA 999009999 P01333816 2128674000 3 2021 2023-04-26 12:10:37Z BETSY NEWELL 4 WEST 76TH STREET NEW YORK NY 10023 3565881 false X WWW.PARKCHILDRENSDAYSCHOOL.ORG X 2013 NY NON-SECTARIAN SCHOOL THAT SEEKS TO ENROLL CHILDREN FROM DIVERSE BACKGROUNDS, ENCOURAGING THEM TO LEARN NATURALLY HOW TO RESPECT AND COOPERATE WITH OTHER CHILDREN. 12 12 30 90 0 888962 766589 2349816 2559796 3646 12019 39529 158792 3281953 3497196 94100 88500 0 0 2015064 1939069 0 0 76585 1034140 1128485 3143304 3156054 138649 341142 8227162 8530438 2284725 2249695 5942437 6280743 PARK CHILDREN'S MISSION IS NON-SECTARIAN AND SEEKS TO ENROLL CHILDREN FROM DIVERSE RACIAL, ECONOMIC AND RELIGIOUS BACKGROUNDS. THUS, OUR CHILDREN LEARN NATURALLY HOW TO RESPECT AND COOPERATE WITH CHILDREN FROM MANY DIFFERENT BACKGROUNDS. MORAL AND ETHICAL VALUES ARE FOSTERED IN A WARM AND NURTURING ENVIRONMENT. THROUGH THE EXAMPLES SET BY AN EXPERIENCED, FRIENDLY AND DEVOTED STAFF, PCDS EMPHASIZES COURTESY AND ACCEPTANCE OF OTHERS WHILE ENCOURAGING EACH CHILD'S SELF-ESTEEM. THESE VALUES ARE DEMONSTRATED BY THE ENTIRE SCHOOL COMMUNITY, TEACHERS, STAFF AND CHILDREN ALIKE. false false 2141829 88500 2559796 PARK CHILDREN'S DAY SCHOOL PROVIDED EDUCATIONAL SERVICES TO 96 STUDENTS DURING THE 2021-2022 SCHOOL YEAR. 2141829 true true false false false false false false false false true false false false true false true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 4 0 30 true false false false false false true true false false false false false false X 12 12 false false false false false false false true true false false true true true true true false false false false NY X TAKAE SAKUMA 2122883247 4 W 76TH ST NEW YORK NY 10023 BETSY NEWELL SCHOOL DIRECTOR 40.0 0.0 X 169942 0 16931 PATRICIA HORSTMANN ADMISSIONS DIRECTOR 40.0 0.0 X 88206 0 12607 RHONDA WHITE EDUCATION DIRECTOR 40.0 0.0 X 97416 0 2940 ASSAAD NASR CHAIRMAN 1.0 0.0 X X 0 0 0 ASIM GRABOWSKISHAIKH SECRETARY 1.0 0.0 X X 0 0 0 jonathan kaufman vice chairperson 1.0 0.0 X X 0 0 0 dimitrije mitrinovic trustee 1.0 0.0 X 0 0 0 KATE DUGGAN LOCKWOOD TRUSTEE 1.0 0.0 X 0 0 0 KEN KITKOWSKI TRUSTEE 1.0 0.0 X 0 0 0 KRISTEN MLECZKO TRUSTEE 1.0 0.0 X 0 0 0 KUMAR KADIYALA TRUSTEE 1.0 0.0 X 0 0 0 LEE ALLISON TRUSTEE 1.0 0.0 X 0 0 0 MARIA WELCH TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL DEFLORIO TRUSTEE 1.0 0.0 X 0 0 0 MUNIRA MUSADEK TRUSTEE 1.0 0.0 X 0 0 0 355564 0 32478 1 false true false 0 97300 361642 307647 766589 STUDENT TUITION & FEES 611110 2559796 2559796 2559796 12019 12019 0 0 48810 48810 0 48810 48810 0 174829 97300 68685 106144 106144 0 0 0 0 0 0 MISCELLANEOUS 900099 3838 3838 3838 3497196 2559796 170811 0 88500 88500 0 0 399211 277418 110258 11535 0 1188507 824051 330076 34380 30445 21702 7874 869 130505 93026 33755 3724 190401 135721 49247 5433 0 58057 58057 23036 23036 0 0 0 40464 27081 12937 446 0 216222 149918 60050 6254 10569 2355 8176 38 0 706465 470977 223714 11774 0 0 0 0 0 21184 14688 5883 613 27585 19126 7661 798 FOOD 2927 2029 813 85 MISCELLANEOUS 21976 15237 6103 636 3156054 2141829 937640 76585 515083 241760 1253664 1557243 0 0 14090 5552 0 0 0 0 0 0 0 0 64117 0 112373 84241 26670 28132 6353538 6697751 0 0 0 0 0 0 0 0 8227162 8530438 90618 128098 0 0 2078279 2112526 0 0 0 0 0 0 0 0 0 0 115828 9071 2284725 2249695 X 5924491 6280743 17946 0 5942437 6280743 8227162 8530438 341142 -2836 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59807 36118 23689 52566 48123 4443 28132 0 DEFERRED RENT 9071 9071 3405860 -2836 -2836 3408696 88500 88500 3497196 3067554 3067554 88500 88500 3156054 Schedule D, Part XI, Line 4b Financial aid $88,500 Schedule D, Part XII, Line 4b Financial aid $88,500 Schedule D, Part X, Line 2 Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. true false true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 The organization has a racially nondiscriminatory policy that was publicized in a local newspaper. PCDS was listed with other member schools as part of being a member of the Independent Schools association of greater new York. PA ANNUAL BENEF 272129 97300 174829 37018 13000 18667 0 272129 97300 174829 37018 13000 18667 68685 106144 true FINANCIAL AID 6 88500 Schedule I, Part I, Line 2 All financial aid applicants are required to fill out a financial aid application form. In addition, they must fill out an application with TADS (financial aid assessment) on the TADS website. TADS breaks down all the expenses of the family and gives the school a recommendation as to how much tuition the family should pay. false false false false false false false false BETSY NEWELL SCHOOL DIRECTOR 169942 0 0 0 0 0 5250 0 11681 0 186873 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DIRECTOR AND THE HEAD OF SCHOOL REVIEW THE 990. THEY ALSO PROVIDE A COPY TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. IF ANY BOARD MEMBER HAS QUESTIONS OR CONCERNS RELATING TO THE 990, THEY DISCUSS IT WITH MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE MUST ANNUALLY REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. IF A CONFLICT ARISES DURING THE YEAR, THE INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON CAN MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING BUT MUST THEN LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OF ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST Cybersecurity Breach During FY22, Park Children's Day School suffered a cyber breach that resulted in a loss of $34,000. The breach was discovered soon after it occurred and the proper authorities were notified. The School is not aware of any school nor personal information stolen during this breach. The School has engaged a cybersecurity audit firm to review and recommend improved controls for implementation. Based on their recommendations, the School will continue to implement appropriate and up-to-date measures. The School also had their personnel undergo cybersecurity training which will be offered on an annual basis.