2023-11-14T14:40:17-06:00 2023-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2022-07-01 221487293 THE PECK SCHOOL PECK 9735398660 247 SOUTH STREET MORRISTOWN NJ 07960 KRISTEN RUGEL CFO 9735396894 2023-11-14 1 KRISTEN RUGEL 999009999 1 MATTHEW PETROSKI P00853132 9726611843 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREW DELINSKY 247 SOUTH STREET MORRISTOWN NJ 07960 21651131 0 X WWW.PECKSCHOOL.ORG X 1893 NJ THE PECK SCHOOL INSPIRES STUDENTS TO LEARN RIGOROUSLY, GROW IN CHARACTER, AND LEAD HEALTHY, PRODUCTIVE, AND PRINCIPLED LIVES. 23 22 118 50 0 0 2533738 2720158 14430664 15026471 605905 -110004 530698 564553 18101005 18201178 675273 796962 0 0 11050658 11302033 0 0 1046399 6193656 6361633 17919587 18460628 181418 -259450 71516691 73967629 21311229 22266489 50205462 51701140 THE PECK SCHOOL INSPIRES STUDENTS TO LEARN RIGOROUSLY, GROW IN CHARACTER, AND LEAD HEALTHY, PRODUCTIVE, AND PRINCIPLED LIVES. 0 0 14123622 796962 15222571 THE PECK SCHOOL, FOUNDED IN 1893, IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL PROVIDING EXCELLENT ELEMENTARY EDUCATION TO STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADES.DURING THIS FISCAL YEAR, THE SCHOOL SERVED 348 STUDENTS. 14123622 1 1 0 0 0 0 0 1 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 79 0 1 118 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KRISTEN RUGEL 9735398660 247 SOUTH STREET MORRISTOWN NJ 07960 ANDREW DELINSKY HEAD OF SCHOOL 40.00 X X 436014 0 158092 SOUREN G OUZOUNIAN PRESIDENT 1.50 X X 0 0 0 TRACY PESTER VICE PRESIDENT 1.50 X X 0 0 0 CHARLES SORRENTINO VICE PRESIDENT 1.50 X X 0 0 0 LAUREN O BAKER SECRETARY 1.50 X X 0 0 0 MICHAEL SANTOMASSIMO TREASURER 1.50 X X 0 0 0 CARTER MARSH ABBOTT TRUSTEE 1.00 X 0 0 0 MAHMOUD ELASSIR TRUSTEE 1.00 X 0 0 0 CHRISTINA MELCHIONNI TRUSTEE 1.00 X 0 0 0 JEANANN MORGAN-LIFTIN TRUSTEE 1.00 X 0 0 0 BEN ROGERS TRUSTEE 1.00 X 0 0 0 SID ROWELL TRUSTEE 1.00 X 0 0 0 CASEY WELLS TRUSTEE 1.00 X 0 0 0 TODD HOHMAN TRUSTEE 1.00 X 0 0 0 GENEVIEVE MALLGRAVE TRUSTEE 1.00 X 0 0 0 LEVEE BROOKS TRUSTEE 1.00 X 0 0 0 TOM CORTESE TRUSTEE 1.00 X 0 0 0 DANIEL HONEKER TRUSTEE 1.00 X 0 0 0 CHRIS AMERY TRUSTEE (AS OF 07/22) 1.00 X 0 0 0 NATISHIA AROMIRE TRUSTEE (AS OF 07/22) 1.00 X 0 0 0 DAISY DOUGLAS SAVAGE TRUSTEE (AS OF 07/22) 1.00 X 0 0 0 ALI MCMAHON TRUSTEE (AS OF 07/22) 1.00 X 0 0 0 JOHN TONZOLA TRUSTEE (AS OF 07/22) 1.00 X 0 0 0 KRISTEN RUGEL CHIEF FINANCIAL OFFICER 40.00 X 99041 0 9778 SARAH ALBERTYN HEAD OF UPPER SCHOOL 40.00 X 187117 0 63424 NINA SHARMA HEAD OF LOWER SCHOOL 40.00 X 159428 0 29749 SARAH QUINN CLAUSEN DIRECTOR OF ADVANCEMENT 40.00 X 165240 0 10454 CHRISTOPHER WEAVER DIR OF CURRIC & FACUL. DEVEL. 40.00 X 139404 0 34114 KEVIN GRIESHABER DIRECTOR OF TECHNOLOGY 40.00 X 131891 0 36093 JACYNTHE MAILLY CONTROLLER 40.00 X 116999 0 22162 KAREN DISPENZIERE DIRECTOR OF ADMISSION 40.00 X 117445 0 17631 HEATHER BURCHFIELD DIRECTOR OF STRATEGIC COMMUNICATIONS 40.00 X 119503 0 13761 1672082 0 395258 18 0 1 0 FLIK DINING PO BOX 417632 BOSTON MA 022417632 FOOD SERVICE 620087 EASTERN JANITORIAL COMPANY 34 DEFOREST AVE UNIT 1 EAST HANOVER NJ 07936 CLEANING SERVICE 271588 BACK TO NATURE HOME & GARDEN OLDWICK ROAD PO BOX OLDWICK NJ 08858 LANDSCAPING MAINT. & DESIGNS 172367 DISTINCTIVE DESIGN AND MANAGEMENT LLC 6 FRANKLIN ROAD MENDHAM NJ 07945 DESIGN & MGMT EXTERIOR LANDCAPING 136701 MONK'S HOME IMPROVEMENTS 1195 MONT KEMBLE AVE MORRISTOWN NJ 07960 HOME REMODELING 131873 6 12025 97846 2610287 47452 2720158 TUITION 611710 14631485 14631485 AUXILIARY PROGRAMS 611710 394986 394986 15026471 569651 569651 2712957 3392612 -679655 -679655 -679655 380050 12025 57341 322709 322709 LUNCH PROGRAM 611710 196100 196100 MISC INCOME 611710 45744 45744 241844 18201178 15222571 0 258449 796962 796962 1603972 527714 824430 251828 6672656 5758468 828542 85646 466248 391745 73555 948 1993564 1716773 276791 565593 447375 97326 20892 49425 49425 63683 63683 76735 76735 348183 133945 196011 18227 128354 2037 121717 4600 553543 312986 189725 50832 177391 149122 14207 14062 1276611 1131143 114079 31389 177432 172884 778 3770 118086 73211 44789 86 176762 157318 15909 3535 1783018 1586886 160472 35660 148141 138416 8249 1476 FOOD SERVICE 697434 563564 106260 27610 PTA FUNDRAISING 492989 492989 OTHER 39667 8894 27924 2849 AUXILIARY SERVICES 31172 31172 23007 23007 18460628 14123622 3290607 1046399 3598056 1951719 2009527 2236312 2297723 2139180 13268382 14250386 350305 286267 54043699 21237893 33578505 32805806 14750043 19437423 1069171 691956 594979 168580 71516691 73967629 1168799 1251042 13921763 14971348 6220667 6044099 21311229 22266489 X 44007327 44716580 6198135 6984560 50205462 51701140 71516691 73967629 -259450 1755128 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 13633587 188738 1053033 148590 14726768 15535406 385464 -1821168 466115 13633587 11463680 1460956 3098668 154331 333567 15535406 11991838 36738 -114436 133568 316892 11463680 12158183 65500 201112 129905 300226 2826 11991838 0.61600 0.25040 0.13360 0 0 52096 52096 47425649 18244279 29181370 3383714 2411846 971868 3182240 581768 2600472 32805806 X 18621003 1755128 1755128 16865875 76735 1258568 1335303 18201178 17125325 0 17125325 76735 1258568 1335303 18460628 PART III, LINE 1A: ALTHOUGH THE SCHOOL MAINTAINS HISTORICAL STRUCTURES, SINCE THE ORGANIZATION AND SUCH STRUCTURES HAVE BEEN IN EXISTENCE FOR SEVERAL DECADES, THE COST OF CAPITALIZING THESE COLLECTIONS WOULD EXCEED THE INCREMENTAL BENEFIT OF THE INFORMATION GAINED. AS A RESULT, THE SCHOOL DOES NOT CAPITALIZE THE ASSETS. PART III, LINE 4: THE SCHOOL HOLDS HISTORIC STURCTURES AT LINDENWOLD, WHICH WAS DONATED TO THE ORGANIZATION BACK IN 1947. THE STRUCTURES ARE USED AS SCHOOL FACILITIES AND ARE MAINTAINED FOR EDUCATION AND PUBLIC EXHIBITION PURPOSE. PART V, LINE 4: THE PRIMARY PURPOSE OF THE PECK SCHOOL ENDOWMENT FUND IS TO PROVIDE THE SCHOOL WITH RECURRING AND GROWING FUNDS TO BE USED TO SUPPORT THE OPERATIONS OF THE SCHOOL. PART X, LINE 2: THE SCHOOL IS A QUALIFIED SCHOOL EXEMPT FROM FEDERAL INCOME AND NEW JERSEY TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND AN APPROVED NEW JERSEY EXEMPT ORGANIZATION CERTIFICATE, RESPECTIVELY. THE SCHOOL MANAGEMENT HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 765,579. PARENT ASSOCIATION FUNDRAISING EXPENSES 492,989. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 765,579. PARENT ASSOCIATION FUNDRAISING EXPENSES 492,989. 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 PECK SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS ADVERTISING IN LOCAL NEWSPAPERS, BROCHURES, CATALOGS, AND INTERNET HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE PECK SCHOOL RECEIVES FUNDS FROM THE STATE DEPARTMENT OF EDUCATION FOR TEXTBOOKS, TECHNOLOGY, NURSING AND SECURITY SERVICES. MORRIS COUNTY, ON BEHALF OF THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION, PAYS DIRECTLY FOR THE TEXTBOOKS, TECHNOLOGY AND NURSING SERVICES. "PECK ROCKS" GALA 392075 12025 380050 6876 9269 8795 32401 392075 12025 380050 6876 9269 8795 32401 57341 322709 1 FINANCIAL AID 20 692688 FMV DIRECT CREDIT TO STUDENT ACCOUNT FINANCIAL AID 3 72891 FMV TRANSPORTATION, FIELD TRIPS, AND SCHOOL CLOTHES EDUCATIONAL AWARDS 4 31383 FMV EDUCATIONAL AWARDS TO EMPLOYEES PART I, LINE 2: FINANCIAL AID GRANTS ARE DEDUCTED DIRECTLY BY THE SCHOOL FROM THE STUDENT'S TUITION. X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 ANDREW DELINSKY HEAD OF SCHOOL 367767 0 20401 0 47846 0 77786 0 80306 0 594106 0 26850 0 SARAH ALBERTYN HEAD OF UPPER SCHOOL 144472 0 42645 0 0 0 8895 0 54529 0 250541 0 0 0 NINA SHARMA HEAD OF LOWER SCHOOL 156928 0 2500 0 0 0 18371 0 11378 0 189177 0 0 0 SARAH QUINN CLAUSEN DIRECTOR OF ADVANCEMENT 162740 0 2500 0 0 0 9750 0 704 0 175694 0 0 0 CHRISTOPHER WEAVER DIR OF CURRIC & FACUL. DEVEL. 135404 0 4000 0 0 0 12346 0 21768 0 173518 0 0 0 KEVIN GRIESHABER DIRECTOR OF TECHNOLOGY 129391 0 2500 0 0 0 15899 0 20194 0 167984 0 0 0 PART I, LINE 3 THE HEAD OF SCHOOL, AS A CONDITION OF EMPLOYMENT, IS REQUIRED TO RESIDE IN SCHOOL HOUSING. THE NONTAXABLE BENEFIT OF $47,031 IS INCLUDED IN COLUMN (D). THE HEAD OF SCHOOL RECEIVED A TUITION BENEFIT OF $20,996 WHICH WAS SUBJECT TO GROSS-UP AND INCLUDED IN PART II, COLUMN (B)(I). PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATES IN A 457(F) PLAN PROVIDED BY THE SCHOOL. DURING THE YEAR, THE FOLLOWING AMOUNT WAS CONTRIBUTED TO THE PLANS: 457(F): $20,000 PART I, LINE 7 THE BOARD HAS A COMPENSATION COMMITTEE WHICH DETERMINES THE HOS'S COMPENSATION AND BONUS. FOR OTHER EMPLOYEES, IT IS A NON-FIXED DISCRETIONARY PAYMENT PER THE HOS. A PUBLIC FINANCE AUTHORITY 273866124 2017-06-15 12000000 CAPITAL PROJECT 0 0 0 A 5707012 12000000 321950 11678050 2019 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 0 A 0 SCHEDULE K PART I: THE ORGANIZATION'S PRESENTATION OF TAX-EXEMPT BONDS PROCEEDS IS CONSISTENT WITH THE CORRESPONDING INFORMATION INCLUDED ON FORM 8038, INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES. THE PRESENTATION OF TAX-EXEMPT BOND LIABILITIES FOR FINANCIAL STATEMENT PURPOSES REFLECTS ONLY THE AMOUNT OUTSTANDING THAT HAS BEEN DRAWN TO DATE. THE TAXPAYER'S BONDS ARE CATEGORIZED AS DRAW-DOWN BONDS. THE TAXPAYER MAY NOT RECEIVE PROCEEDS FROM ITS ISSUES UNLESS EXPENSE REPORTS IN RELATION TO THE PURPOSE OF THE ISSUE ARE SUBMITTED. AMOUNT REPORTED ON SCHEDULE K, PART I-A, COLUMN (E) IS $12,000,000 WHICH DIFFERS FROM THE AMOUNT REPORTED ON FORM 8038, PART III, LINE 21(B) WHICH IS $18,000,000. THE PECK SCHOOL ISSUED BONDS SERIES A, B, C CONSISTING OF $6,000,000 EACH (TOGETHER $18,000,000) THESE BONDS ARE "DRAW-DOWN BONDS" AS SUCH, THE $12,000,000 REPORTED ON PART I-A, COLUMN (E) IS FOR SERIES 2017B AND 2017C BONDS. IN JUNE 2020, THE BOND DRAWDOWN PERIOD TERMINATED, WHICH CLOSED THE SERIES A BOND AS IT WAS NEVER UTILIZED, WHEREAS THE THE SERIES B AND SERIES C BONDS CONVERTED TO TERM LOANS. X 7 47465 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PROVIDED WITH A COMPLETE COPY OF THE FORM 990 AND APPROVES THE FORM 990 FOR FILING. ALL OTHER MEMBERS OF THE CORPORATION'S BOARD OF TRUSTEES ARE PROVIDED WITH THE PUBLIC VERSION OF THE FORM 990 FOR THEIR REVIEW AND COMMENT PRIOR TO THE FILING OF THE FORM. THE FULL BOARD HAS THE OPPORTUNITY TO REVIEW THE COMPLETE RETURN UPON REQUEST. THE BOARD'S AUDIT COMMITTEE, ALONG WITH THE HEAD OF SCHOOL AND DIRECTOR OF FINANCE AND OPERATIONS REVIEW IN DETAIL, THE FORM 990 WITH THE PREPARER PRIOR TO THE FORM'S FINAL COMPLETION. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES OF THE CORPORATION, ALONG WITH CERTAIN MEMBERS OF THE ADMINISTRATION ARE ANNUALLY PROVIDED COPIES OF THE CORPORATION'S CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO COMPLETE DISCLOSURE FORMS. THE FORMS ARE THEN SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD, THE AUDIT COMMITTEE, AND TO THE CORPORATION'S INDEPENDENT AUDITOR FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL COMPENSATION: HEAD OF SCHOOL COMPENSATION DECISIONS ARE DELEGATED BY THE BOARD OF TRUSTEES TO THE COMPENSATION COMMITTEE WHICH IS COMPRISED OF THE BOARD PRESIDENT, THE HEAD OF THE AUDIT COMMITTEE AND THE BOARD TREASURER. THE COMMITTEE CONDUCTS AN ANNUAL COMPENSATION REVIEW, GENERALLY IN APRIL. TO MAKE CERTAIN THE COMPENSATION OFFER IS COMPETITIVE IN THEIR MARKET, THE COMMITTEE MEMBERS AVAIL THEMSELVES WITH NAIS'S NATIONAL AND REGIONAL COMPENSATION BENCHMARK REPORT. FOR PERFORMANCE REVIEWS, THE COMMITTEE EVALUATES GOAL-SETTING AND ACHIEVEMENTS AS A PRE-REQUISITE FOR CONSIDERATION OF THE COMING YEAR'S BASE SALARY. FOR OTHER FRINGE BENEFITS SUCH AS DEFERRED COMPENSATION, TUITION REMISSION, AND HOUSING, THE COMMITTEE CAREFULLY CONSIDERS OTHER FACTORS SUCH AS PERSONAL OR FAMILY LIFE. OTHER HIGHLY COMPENSATED EMPLOYEES' COMPENSATION: FOR OTHER HIGHLY COMPENSATED EMPLOYEES, THE HEAD OF SCHOOL AND THE DIRECTOR OF FINANCE AND OPERATIONS REVIEW COMPARISON DATA FROM 50 NATIONAL PEER SCHOOLS AND 13 LOCAL SCHOOLS, OBTAINED FROM NAIS-DASL AND INTERVIEWS WITH LOCAL SCHOOLS, TO BENCHMARK COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS OF THE PECK SCHOOL (INCLUDING THE CERTIFICATE OF INCORPORATION, FORM 1023 APPLICATION FOR FEDERAL TAX-EXEMPT STATUS, AND THE FEDERAL TAX-EXEMPT DETERMINATION LETTER), GOVERNANCE POLICIES (INCLUDING THE CONFLICT OF INTEREST POLICY), AS WELL AS FINANCIAL STATEMENTS (INCLUDING AUDITED FINANCIAL STATEMENTS AND PREVIOUSLY FILED FORM 990 ANNUAL INFORMATION RETURNS) ARE AVAILABLE FOR INSPECTION UPON REQUEST. COPIES ARE PROVIDED WITHIN 30 DAYS OF THE REQUEST. ALL DOCUMENTATION REQUESTS ARE DIRECTED TO THE BUSINESS DIRECTOR OF THE CORPORATION AT THE ADDRESS LISTED BELOW: ATTN: KRISTEN RUGEL THE PECK SCHOOL 247 SOUTH STREET MORRISTOWN, NJ 07960