2025-05-15T14:20:31-05:00 2024-06-30 873707167 CBIZ ADVISORS LLC 4 MANHATTANVILLE ROAD SUITE 402 PURCHASE NY 10577 990 2023-07-01 060646657 GREENWICH COUNTRY DAY SCHOOL INC GREE 2038635600 PO BOX 623 GREENWICH CT 06836 WILLIAM AUERSWALD CFO/COO 2038635600 2025-01-31 1 0 MAGDALENA CZERNIAWSKI P00535099 9145249000 2025-04-09 2023 2025-03-06 01:10:19Z WILLIAM AUERSWALD PO BOX 623 GREENWICH CT 06836 132143777 0 X WWW.GCDS.NET X 1926 CT THE SCHOOL SEEKS TO PROVIDE QUALIFIED STUDENTS WITH OPPORTUNITIES FOR ACADEMIC DEVELOPMENT, INTELLECTUAL GROWTH, ARTISTIC AND PHYSICAL FULFILLMENT AND MORAL AWARENESS. 27 27 634 500 0 0 15333166 30874170 72257739 76871761 3511778 6214395 778683 777550 91881366 114737876 8841050 8511455 0 0 50741233 54446067 0 0 2005738 24517735 25468500 84100018 88426022 7781348 26311854 363515463 399161527 119200802 125096992 244314661 274064535 THE MISSION OF THE GREENWICH COUNTRY DAY SCHOOL IS TO ENABLE ALL CHILDREN IN OUR CARE TO DISCOVER AND TO DEVELOP WHAT IS FINEST IN THEMSELVES TO ACHIEVE THE HIGHEST STANDARDS IN THEIR STUDIES, IN THEIR PLAY, AND IN THEIR CHARACTER. 0 0 67762496 8511455 77078968 STUDENTS FROM NURSERY THROUGH TWELFTH GRADE, AND SUMMER PROGRAMS. TOTAL OF 1441 STUDENTS WERE ENROLLED FOR THE SCHOOL YEAR 2023-2024. 67762496 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 152 0 1 634 1 1 1 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X WILLIAM AUERSWALD CFOCOO 2038635600 GCDSCHOOL 401 OLD CHURCH ROAD GREENWICH CT 06830 ALEX KARNAL TRUSTEE 2.00 X 0 0 0 ANTONIA THOMPSON VICE PRESIDENT 2.00 X X 0 0 0 ANDREW MCCORMACK TRUSTEE 2.00 X 0 0 0 BARBARA HARTY TRUSTEE 2.00 X 0 0 0 CALEB WATTS TRUSTEE (OUTGOING) 2.00 X 0 0 0 CATHY DISHNER TRUSTEE 2.00 X 0 0 0 DANIELLE ROBINSON TRUSTEE 2.00 X 0 0 0 DON TRUESDALE TRUSTEE 2.00 X 0 0 0 DWIGHT ANDERSON TRUSTEE 2.00 X 0 0 0 EMILY HOFFMAN STERN VICE PRESIDENT 2.00 X X 0 0 0 FRANK LOVERRO TRUSTEE 2.00 X 0 0 0 HARRY SCHWEFEL VICE-PRESIDENT 2.00 X X 0 0 0 JEFF ROBERTSON TRUSTEE 2.00 X 0 0 0 JILL WEINER TRUSTEE (OUTGOING) 2.00 X 0 0 0 KATHERINE SANDHU TRUSTEE (OUTGOING) 2.00 X 0 0 0 KERRITH MACKAY PARENTS ASSOCIATION CO-CHAIR 2.00 X 0 0 0 KRISTIN CUSTAR VICE PRESIDENT 2.00 X X 0 0 0 KRYSTAL SACHS PARENTS ASSOCIATION CO-CHAIR 2.00 X 0 0 0 MAGDALENA MIGUENS TRUSTEE (OUTGOING) 2.00 X 0 0 0 MATT BREITFELDER TRUSTEE 2.00 X 0 0 0 MIKE TRIPLETT TRUSTEE 2.00 X 0 0 0 NICOLE MITCHELL TRUSTEE 2.00 X 0 0 0 PETER SCHWEINFURTH TRUSTEE (OUTGOING) 2.00 X 0 0 0 PHILLIP LAUDERDALE TRUSTEE 2.00 X 0 0 0 RICHARD DUCKETT TRUSTEE 2.00 X 0 0 0 ROB HARTEVELDT VICE PRESIDENT 2.00 X X 0 0 0 SONAL KHICHADIA TRUSTEE 2.00 X 0 0 0 TAYLOR GLASSBROOK TRUSTEE 2.00 X 0 0 0 TRICIA BLACK TRUSTEE 2.00 X 0 0 0 VERNON SCHWARTZ TREASURER 2.00 X X 0 0 0 VICKI CRAVER PRESIDENT 8.00 X X 0 0 0 WEAR CULVAHOUSE TRUSTEE (OUTGOING) 2.00 X 0 0 0 WILLIAM MANUEL TRUSTEE 2.00 X 0 0 0 ADAM ROHDIE HEAD OF SCHOOL, EX- OFFICIO 60.00 0.50 X 701716 0 351792 WILLIAM AUERSWALD CFO/COO 50.00 0.50 X 396699 0 69045 ANABEL M PEREZ DIR. OF DEVELOPMENT 50.00 X 242230 0 60161 BASINET NINA HEAD OF UPPER ELEMENTARY 40.00 X 184585 0 19584 CHERYL D PLUMMER DIR. OF ADMISSIONS 40.00 X 213596 0 34711 CHRISTOPHER S WINTERS HEAD OF UPPER SCHOOL 40.00 X 301672 0 64582 DAVIS TRUDY HEAD OF LOWER ELEMENTARY 40.00 X 175840 0 55486 ALNARDO RAMIREZ DIR. OF COLLEGE PLACEMENT 40.00 X 253283 0 49048 ANNE ALLEN ASSISTANT HEAD OF LOWER SCHOOL 40.00 X 181749 0 46443 JACQUELINE JENKINS ASSISTANT HEAD OF SCHOOL 40.00 X 234820 0 65241 JEFFREY DETESO DIR. WELLNESS/STUDENT SUPPORT 40.00 X 180663 0 53396 RICHARD COLUMBO ASST HEAD OF UPPER SCHOOL 40.00 X 190573 0 19584 3257426 0 889073 115 0 1 0 CENTERBROOK ARCHITECTS AND PLANNERS LLP PO BOX 955 CENTERBROOK CT 064090955 ARCHITURAL SERVICES 1533357 SWEPT AWAY ACQUISITION LLC 180 STILLSON ROAD FAIRFIELD CT 06825 CUSTODIAN SERVICES 700401 MORANO LANDSCAPE GARDEN AND DESIGN 543 HALSTEAD AVENUE MAMARONECK NY 105432715 LANDSCAPING SERVICES 520473 INFINITY LANDSCAPING LLC 81 OAK RIDGE STREET GREENWICH CT 06830 CONSTRUCTION SERVICES 355275 CAMBRIDGE ASSOCIATES LLC PO BOX 412015 BOSTON MA 022412015 INVESTMENT ADVIOR SERVICES 225000 16 30874170 1643778 30874170 TUITION & RELATED FEES 611600 76871761 76871761 76871761 2722718 2722718 553380 0 553380 553380 553380 20887338 10240 17378698 27203 3508640 -16963 3491677 -16963 3508640 OTHER REVENUE 900099 199770 199770 SKATE CLUB INCOME 900099 24400 24400 224170 114737876 77078968 0 6784738 8511455 8511455 2881229 2218106 582872 80251 34099995 25692334 7390171 1017490 2943978 2438916 443940 61122 11813061 9786437 1781363 245261 2707804 2243259 408326 56219 91881 91881 110954 110954 969719 969719 376099 359894 16205 2466 2466 253879 173022 80857 1271324 610042 661282 2275622 2148295 81233 46094 609697 609697 2892662 50361 2842301 7365412 6895734 320235 149443 643802 643802 GROUNDS 1372709 1285174 59683 27852 DINING & CATERING 1296028 1296028 MAINTENANCE 1113276 1042285 48403 22588 SUPPLIES & MATERIALS 873412 848707 20834 3871 3949558 2085666 1665407 198485 88426022 67762496 18657788 2005738 27249706 32030119 5405193 8527671 25238340 19905689 454320 397742 93387 131374 1048644 671349 291682031 75554252 200382117 216127779 30580974 23072692 56313029 75763021 16749753 22534091 363515463 399161527 3250856 4445484 20408079 20897246 86646689 84537882 30100 8865078 15216380 119200802 125096992 X 167739237 195121509 76575424 78943026 244314661 274064535 363515463 399161527 X 26311854 8881602 -5443582 X X 0 1 X 1 0 X 23466070 32680389 20053239 15333166 30874170 122407034 23466070 32680389 20053239 15333166 30874170 122407034 38031374 84375660 1666093 1852355 1460994 2829083 3276098 11084623 146938 1061038 224170 1432146 134923803 323929455 0.62540 0.67050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2021 AMOUNT: $ 146,938. 2022 AMOUNT: $ 309,740. 2023 AMOUNT: $ 199,770. SKATE CLUB INCOME - 2022 AMOUNT: $ 24,400. 2023 AMOUNT: $ 24,400. FUNDRAISING INCOME - 2022 AMOUNT: $ 726,898. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 87551632 659217 12405856 485712 100130993 78447879 1188222 8367007 451476 87551632 89284042 2245947 -12618555 463555 78447879 69420032 244227 20027216 407433 89284042 66846234 143995 2292138 -137665 69420032 0.42283 0.00000 0.57717 1 0 42677215 42677215 217778157 58343753 159434404 24324395 11442602 12881793 6902264 5767897 1134367 216127779 ALTERNATIVE INVESTMENTS 75763021 F 75763021 CONSTRUCTION IN PROGRESS 13402360 SECURITY DEPOSIT 104000 INSURANCE SUBSCRIBER'S INVESTMENT 149796 BONDS CONSTRUCTIONS 993051 OTHER ASSETS 3238997 OPERATING LEASE RIGHT-OF-USE ASSET 403094 INTEREST RATE SWAP 4242793 22534091 ACCRUED POSTRETIREMENT HEALTH CARE COSTS 14378467 DEFERRED COMPENSATION 434819 OPERATING LEASE LIABILITY 403094 15216380 X 114138304 8881602 -8511455 370147 113768157 969719 969719 114737876 78944848 0 78944848 969719 8511455 9481174 88426022 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 50 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE TEMPORARILY RESTRICTED NET ASSETS WERE INTENDED TO BE USED FOR INSTRUCTIONAL PROGRAMS, PHYSICAL PLANT AND ANNUAL GIFTS FOR SUBSEQUENT SCHOOL YEARS. INCOME FROM THE PERMANENTLY RESTRICTED NET ASSETS IS EXPENDABLE FOR GENERAL AND RESTRICTED PURPOSES I.E., GENERAL OPERATIONS AND DONOR-SPECIFIED PURPOSES(PRIMARILY INSTRUCTION). PART X, LINE 2: THE SCHOOL EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2024, THE SCHOOL DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID / NON-FACULTY -8,511,455. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID / NON-FACULTY 8,511,455. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISEMENTS ARE PLACED IN NEIGHBORING COMMUNITIES IN THE STAMFORD ADVOCATE, NORWALK HOUR, AS WELL AS THE NEW YORK TIMES FOR THE ANNUAL OPEN HOUSE. OUR POLICY OF SEEKING DIVERSIFIED ENROLLMENT IS STATED IN THE ADVERTISEMENTS. EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS 27259666 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 26094679 EAST ASIA AND THE PACIFIC INVESTMENTS 4032967 0 0 0 0 0 0 57387312 0 57387312 0 0 0 0 0 0 1 NEED BASED FINANCIAL AID 468 8511455 FMV SCHOLARSHIP PART I, LINE 2: FAMILIES WHO ARE IN NEED OF FINANCIAL AID ARE REQUIRED TO SUBMIT A FINANCIAL AID APPLICATION ANNUALLY. THE APPLICATION CONSISTS OF COPIES OF THE PARENTS' PRIOR YEAR AND MOST RECENT FEDERAL TAX RETURN. IN ADDITION, TO THESE DOCUMENTS, FAMILIES ARE REQUIRED TO SUBMIT A COMPLETED PARENTS' FINANCIAL STATEMENT (PFS) TO CLARITY. GREENWICH COUNTRY DAY SCHOOL THEN GRANTS AID TO FAMILIES BASED ON THE SSS ASSESSMENT, AS WELL AS, ON THE ADDITIONAL INFORMATION PROVIDED IN THE APPLICATION. FULL TUITIONS ARE NOT GRANTED, AND THE AMOUNT AND NUMBER OF FINANCIAL AID GRANTS ARE SUBJECT TO THE AVAILABILITY OF FUNDS. FUNDS ARE APPLIED TO AGAINST STUDENT TUITION AT THE ORGANIZATION AND, THEREFORE, NO ADDITIONAL MONITORING IS NEEDED. X 1 1 X X X 0 1 0 0 0 0 0 0 0 ADAM ROHDIE HEAD OF SCHOOL, EX- OFFICIO 699394 0 0 0 2322 0 137800 0 213992 0 1053508 0 0 0 WILLIAM AUERSWALD CFO/COO 394377 0 0 0 2322 0 37800 0 31245 0 465744 0 0 0 CHRISTOPHER S WINTERS HEAD OF UPPER SCHOOL 298729 0 0 0 2943 0 34608 0 29974 0 366254 0 0 0 ANABEL M PEREZ DIR. OF DEVELOPMENT 241035 0 0 0 1195 0 26592 0 33569 0 302391 0 0 0 ALNARDO RAMIREZ DIR. OF COLLEGE PLACEMENT 252744 0 0 0 539 0 28608 0 20440 0 302331 0 0 0 JACQUELINE JENKINS ASSISTANT HEAD OF SCHOOL 233619 0 0 0 1201 0 27168 0 38073 0 300061 0 0 0 CHERYL D PLUMMER DIR. OF ADMISSIONS 212575 0 0 0 1021 0 23280 0 11431 0 248307 0 0 0 JEFFREY DETESO DIR. WELLNESS/STUDENT SUPPORT 179843 0 0 0 820 0 18936 0 34460 0 234059 0 0 0 DAVIS TRUDY HEAD OF LOWER ELEMENTARY 174990 0 0 0 850 0 19584 0 35902 0 231326 0 0 0 ANNE ALLEN ASSISTANT HEAD OF LOWER SCHOOL 177009 0 0 0 4740 0 19800 0 26643 0 228192 0 0 0 RICHARD COLUMBO ASST HEAD OF UPPER SCHOOL 189723 0 0 0 850 0 19584 0 0 0 210157 0 0 0 BASINET NINA HEAD OF UPPER ELEMENTARY 184125 0 0 0 460 0 19584 0 0 0 204169 0 0 0 PART I, LINE 1A THE GREENWICH COUNTRY DAY SCHOOL PROVIDED RESIDENCE FOR PERSONAL USE TO ITS HEAD OF SCHOOL, ADAM ROHDIE. THE RENTAL VALUE OF $174,924 WAS INCLUDED IN NONTAXABLE COMPENSATION. PART I, LINE 4B ADAM ROHDIE, THE HEAD OF SCHOOL FOR THE GREENWICH COUNTRY DAY SCHOOL PARTICIPATES IN DEFERRED COMPENSATION PLAN, 457(F). THE ORGANIZATION CONTRIBUTED $100,000 AND IT IS REPORTED IN COLUMN (C). THE VALUE OF THE DEFERRED COMPENSATION PLAN AS OF 06/30/2024 WAS $434,819. A CHEFA BOND SERIES A 135596781 2018-12-19 27878000 CONSTRUCTING, FURNISHING, AND EQUIPPING A NEW SCHOOL BUILDING 0 0 0 B CHEFA BOND SERIES B 135596781 2018-12-19 30000000 CONSTRUCTING, FURNISHING, AND EQUIPPING A NEW SCHOOL BUILDING 0 0 0 A 27878000 557560 8002543 19317897 2019 1 0 0 1 B 52122000 32297236 19824764 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 1 1 ISRAEL DISCOUNT BANK OF NEW YORK 20.000000000000 0 0 0 0 1 B 0 0 0 0 1 1 ISRAEL DISCOUNT BANK OF NEW YORK 7.000000000000 0 0 0 0 1 A 0 B 0 SCHEDULE K, PART IV, TERM OF HEDGE THE SCHOOL HAS PURCHASED TWO INTEREST RATE SWAPS FOR SERIES A (EFFECTIVE DECEMBER 2019) AND FOR SERIES B (EFFECTIVE DECEMBER 2021, UPON EXPIRATION OF THE CAP). THE SERIES A SWAP CONVERTS THE FLOATING INTEREST RATE TO A FIXED RATE OF 3.245% FOR THE ENTIRE TWENTY-YEAR DURATION, WHILE THE SERIES B SWAP EFFECTIVELY FIXED THE RATE OF SERIES B AT 3.254% (WHERE $30 MILLION IS HEDGED FOR 7 YEARS AND THE REMAINING AMOUNT IS HEDGED FOR 17 YEARS). AUERSWALD JR WILLIAM H OFFICER 96732 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL CORSON FLYNN HIGHLY COMPENSATED EMPLOYEE 140522 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL DAVIS TRUDY HIGHLY COMPENSATED EMPLOYEE 146214 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL HELSTEIN TIM HIGHLY COMPENSATED EMPLOYEE 135885 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL JENKINS JACQUELINE HIGHLY COMPENSATED EMPLOYEE 49482 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL PEREZ ANABEL M HIGHLY COMPENSATED EMPLOYEE 49482 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL X 54 1643778 FMV 0 1 0 PART I, LINE 30B: SCHEDULE M, PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARED BY THE INDEPENDENT ACCOUNTANT IS REVIEWED BY THE CFO. A COPY OF THE RETURN IS SHARED WITH THE HEAD OF SCHOOL AND ALL DIRECTORS WHO ARE ENCOURAGED TO REVIEW THE FORM. THE FILING OF THE FORM AND APPROVAL OF ITS CONTENTS IS AUTHORIZED BY BOARD VOTE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL REVIEW TO CONFIRM THAT THERE ARE NO CONFLICTS OF INTEREST WITH ANY TRUSTEE, BOARD COMMITTEE MEMBER, OR EMPLOYEE. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BASED ON THE ANNUAL REVIEW AND IF IT APPEARS THERE ARE ANY CONFLICTS THE BOARD WOULD REVIEW SUCH CONFLICT. IF THE CONFLICT INVOLVED A BOARD MEMBER, IT WOULD REQUIRE DISCLOSURE FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE HEAD OF SCHOOL ANNUAL COMPENSATION BASED ON DATA OF COMPARABLE COMPENSATION OF SIMILAR ORGANIZATIONS. THAT DECISION IS CONFIRMED IN WRITING BY THE BOARD PRESIDENT. COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES IS DETERMINED BY THE HEAD OF SCHOOL AT THE BOARD'S DELEGATION BASED ON SIMILAR COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE SCHOOL'S BUSINESS OFFICE. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE IN THE EMPLOYEE AND TRUSTEE HANDBOOK. FORM 990, PART XI, LINE 9: CHANGE IN SWAP VALUE 1,119,702. ACTUARIAL POST-RETIREMENT BENEFIT ADJUSTMENT -6,563,284. GCDS LLC 401 OLD CHURCH ROAD GREENWICH CT 06830 060646657 REAL PROPERTY OWNERSHIP CT 264000 3909948 GREENWICH COUNTRY DAY SCHOOL INC THE STANWICH SCHOOL 257 STANWICH ROAD GREENWICH CT 06830 061506795 SCHOOL CT 501(C)(3) LINE 12A, I GREENWICH COUNTRY DAY SCHOOL INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0