2025-05-02T12:31:44+00:00 2024-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-07-01 131740455 Horace Mann School HORA 7184323400 231 WEST 246TH STREET BRONX NY 10471 David Roberts CFO 7184323400 2025-05-02 true true Aaron Shapiro P01333816 2128127000 2025-05-02 2023 2025-03-06 01:10:19Z THOMAS M KELLY 231 WEST 246TH STREET BRONX NY 10471 207421495 false X WWW.HORACEMANN.ORG X 1887 NY TO PROVIDE A CONTINUOUS EDUCATION PROGAM FOR BOYS, GIRLS, AND OTHERS WHO IDENTIFY DIFFERENTLY, FROM NURSERY THROUGH HIGH SCHOOL. 32 32 584 850 0 0 17532524 19804417 112491608 115688967 3954041 8726750 413722 722236 134391895 144942370 12426333 15283592 0 69129311 71007827 0 2815319 35900962 38307752 117456606 124599171 16935289 20343199 472300215 512054660 145216812 143960240 327083403 368094420 HORACE MANN SCHOOL PREPARES A DIVERSE COMMUNITY OF STUDENTS TO LEAD GREAT AND GIVING LIVES. WE STRIVE TO MAINTAIN A SAFE, SECURE, AND CARING ENVIRONMENT IN WHICH MUTUAL RESPECT, MATURE BEHAVIOR, AND THE LIFE OF THE MIND CAN THRIVE. WE RECOGNIZE AND CELEBRATE INDIVIDUAL ACHIEVEMENT AND CONTRIBUTIONS TO THE COMMON GOOD. false false 110562698 15283592 115688967 HORACE MANN SCHOOL IS AN EDUCATIONAL INSTITUTION CONDUCTING PROGRAM AT THE NURSERY, LOWER, MIDDLE, AND HIGH SCHOOL LEVELS. DURING THE 2023-2024 SCHOOL YEAR, THE STUDENT BODY CONSISTED OF 1,795 STUDENTS. 110562698 true true false false false false false false true true true false false true false false true true false true false false false true false false true true true true false false false false false false false false false false true false false false false true false false false true 168 0 584 true false false false false false true true false false false false true false X 32 32 false false false false false false false true true false false false true true true true true true true false NY X DAVID ROBERTS CFO 7184323400 231 WEST 246TH STREET BRONX NY 10471 Andrea L Olshan Secretary 8.0 0.0 X X 0 0 0 Brian L Eizenstat Treasurer 8.0 0.0 X X 0 0 0 Laurence Grafstein Chair 8.0 0.0 X X 0 0 0 Matthew Mark Vice-Chair 8.0 0.0 X X 0 0 0 Avinash Mehrotra Trustee 8.0 0.0 X 0 0 0 Catherine Goodstein Wallace Trustee 8.0 0.0 X 0 0 0 Daniel Benton Trustee 8.0 0.0 X 0 0 0 Drew Figdor Trustee 8.0 0.0 X 0 0 0 Ephram Lustgarten Trustee 8.0 0.0 X 0 0 0 Glenn August Trustee 8.0 0.0 X 0 0 0 Howard W Lutnick Trustee 8.0 0.0 X 0 0 0 Irfan Hussain Trustee 8.0 0.0 X 0 0 0 Jackie Friedman Brogadir Trustee 8.0 0.0 X 0 0 0 Justin D Lerer Trustee 8.0 0.0 X 0 0 0 Karen Choi Trustee 8.0 0.0 X 0 0 0 Keren Weltsch Trustee 8.0 0.0 X 0 0 0 Lauren Krueger Trustee 8.0 0.0 X 0 0 0 Mariko Zeitlin Trustee 8.0 0.0 X 0 0 0 Matthew Morgado Trustee 8.0 0.0 X 0 0 0 Michael A Pruzan Trustee 8.0 0.0 X 0 0 0 Michael Bennett Trustee 8.0 0.0 X 0 0 0 Monica M Mandelli Trustee 8.0 0.0 X 0 0 0 Robert O Owens Trustee 8.0 0.0 X 0 0 0 Samantha Cooper Brand Trustee 8.0 0.0 X 0 0 0 Sara Zion Trustee 8.0 0.0 X 0 0 0 Stephen Mong Trustee 8.0 0.0 X 0 0 0 Steven C Bussey Trustee 8.0 0.0 X 0 0 0 Susan Asante-Abedi Trustee 8.0 0.0 X 0 0 0 Tracy Hampton-Fraser Trustee 8.0 0.0 X 0 0 0 Vinayak Singh Trustee 8.0 0.0 X 0 0 0 Webster Chua Trustee 8.0 0.0 X 0 0 0 Winston C Fisher Trustee 8.0 0.0 X 0 0 0 David Roberts Chief Financial Officer 40.0 0.0 X 331018 0 79759 Thomas Kelly Head of School 60.0 0.0 X 2805522 0 366333 Deena Neuwirth Head of Lower Division 40.0 0.0 X 357804 0 105388 Javaid Khan Head of Middle Division 40.0 0.0 X 322356 0 79166 Jessica Levenstein Davis Head of Upper Division 40.0 0.0 X 394079 0 107070 Marines Arroyo-Stuart Head of Nursery Division 40.0 0.0 X 265789 0 72543 Canh Oxelson Executive Dir. College Counseling 40.0 0.0 X 455613 0 81674 Gordon A Jensen Director of Facilities 40.0 0.0 X 357062 0 53428 Lisa J Moreira Dir. Inst. Research & Enrollment 40.0 0.0 X 359866 0 105959 Melissa Parento Director of Alumni/Development 40.0 0.0 X 323070 0 103388 Robert A Annunziata Dir. Athletics & Summer Prgm 40.0 0.0 X 321879 0 31041 6294058 0 1185749 240 false true false Flik International Corp PO Box 417632 Boston MA 02241 Food 4372150 Jeancare Services Inc 7 Odell Plaza Suite 130 PMB 827 Yonkers NY 10703 Cleaning 1351904 Selby Bus IV Corp 265 East 66th Street New York NY 10065 Bus Services 960923 Schulte Roth & Zabel LLP 919 3rd Avenue New York NY 10022 Legal Services 759337 Alta Construction & Management Inc PO Box 204 Baldwin Place NY 10505 Construction 670882 37 1233610 1430080 17140727 2043338 19804417 TUITION 611110 111909203 111909203 OTHER FEES 611110 3124892 3124892 OTHER PROGRAM REVENUES 611110 579062 579062 AUXILIARY REVENUES 611110 75810 75810 0 0 0 0 115688967 6667303 6667303 0 0 64258856 62199409 2059447 0 2059447 2059447 265650 1233610 279716 -14066 -14066 OTHER 900099 736302 736302 0 0 0 0 736302 144942370 115688967 0 9448986 170000 170000 15113592 15113592 4076061 3177375 802553 96133 51216836 47160937 2911686 1144213 4529160 4155373 269641 104146 7443198 6811247 458802 173149 3742572 3413953 244690 83929 280592 280592 111482 111482 140099 140099 4024643 3132055 817650 74938 2689630 2120299 471260 98071 1626259 1138381 406565 81313 4341819 3907637 390764 43418 571759 535372 35961 426 1004896 784331 75987 144578 1628211 1628211 10008654 9007789 900779 100086 937836 937836 OTHER 6569570 4003012 1913304 653254 FOOD SERVICE 4221009 4151841 51503 17665 Parents Association 151293 151293 0 0 0 0 124599171 110562698 11221154 2815319 3056085 4058995 35422303 13677887 15858181 15320403 48634 161238 0 0 0 0 102204 91469 1128163 495836 291905369 112340591 184429654 179564778 161159801 212763661 68829517 83353805 0 2265673 2566588 472300215 512054660 7550050 6204669 62734540 64145154 16446018 14058823 0 0 30711264 30764401 27774940 28787193 145216812 143960240 275828741 306235746 51254662 61858674 327083403 368094420 472300215 512054660 X 20343199 23457502 -2789684 X false true X true false X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42773424 5797537 5415733 1047065 484506 52455123 36590562 3466731 3800938 774613 310194 42773424 34958275 6359433 -3460771 728588 537787 36590562 28741600 273688 7077996 651007 484002 34958275 28498992 737849 558734 623768 430207 28741600 0.0 1.0 0.0 false false 8538221 8538221 259658450 97495193 162163257 22849510 14252063 8597447 859188 593335 265853 179564778 Alternative Investments 83353805 F 83353805 Accrued postretirement benefits 20072749 Accrued retirement bonuses 7015597 Operating Lease Liabilities 615684 Deferred compensation payable - 457(b) 343925 Other Liabilities 460679 Bond Issuance Premium 278559 28787193 151701958 23457502 0 23457502 128244456 140099 16557815 16697914 144942370 110690941 1345461 1345461 109345480 140099 15113592 15253691 124599171 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. Schedule D, Part V, Line 4 Intended uses of endowment funds The endowment is used TO SUPPORT THE PROGRAMS AND FACILITIES OF THE SCHOOL. USES INCLUDE FINANCIAL AID, STUDENT ASSISTANCE, SCHOOL LIBRARIES, MAINTENANCE OF FACILITIES AND FACULTY ENRICHMENT. The School has a spending policy of appropriating, for expenditure each year, 4.5% of its endowment fund's average fair value over the prior five years through the year-end preceding the year in which the expenditure is planned. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Financial Aid - 15113592 Postretirement/retirement bonus actuarial loss - 1444223 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Postretirement/retirement bonus interest cost - 1345461 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial Aid - 15113592 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE HOMEPAGE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE SCHOOL RECEIVES NEW YORK STATE NON-PUBLIC SCHOOL AID. false Central America and the Caribbean 0 0 Investments 83353805 0 0 0 0 0 0 83353805 0 83353805 true false true false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual PA Benefit 1343927 1084127 259800 118100 118100 14001 7933 AC Benefit 155333 149483 5850 10791 10791 0 1499260 1233610 265650 128891 128891 14001 7933 279716 -14066 true DANIELS MUSIC FOUNDATION 1595 Lexington Ave New York NY 10029 320156199 501(c)3 10000 General Support HILLTOP CARES 40 West 116th St New York NY 10026 464769208 501(c)3 35000 General Support PREP FOR PREP 328 West 71st Street New York NY 10023 132613383 501(c)3 15000 General Support RIVERDALE NEIGHBORHOOD HOUSE 5521 Mosholu Ave Bronx NY 10471 131740024 501(c)3 10000 General Support RIVERDALE SENIOR SERVICES INC 2600 Netherland Ave Bronx NY 10463 237357997 501(c)3 10000 General Support THE AMERICAN JEWISH COMMIITTEE 165 East 56th Street New York NY 10022 135563393 501(c)3 35000 General Support VAN CORTLANDT PARK ALLIANCE 80 Van Cortlandt Park South Bronx NY 10463 133843182 501(c)3 45000 General Support GEORGE JACKSON ACADEMY 104 Saint Marks Place New York NY 10009 331070696 501(c)3 10000 General Support 8 Financial Aid 277 15113592 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. FOR ORGANIZATIONS: HORACE MANN SCHOOL PARTNERS WITH LOCAL ORGANIZATIONS THAT SHARE A COMMON MISSION AND SERVE A COMMON POPULATION, AND MONITORS THE USE OF CONTRIBUTIONS THROUGH ITS ONGOING, COLLABORATIVE RELATIONSHIPS WITH THESE ORGANIZATIONS. FOR INDIVIDUALS: HORACE MANN SCHOOL MAKES EVERY EFFORT TO ENSURE THAT EVERY STUDENT WHO IS OFFERED ADMISSION AND WISHES TO ENROLL AND/OR CURRENTLY ATTENDS HAS THE FINANCIAL ABILITY TO DO SO. THE FINANCIAL AID COMMITTEE DETERMINES AWARDS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. GRANTS CONSIST OF FINANCIAL AID AWARDED TO 277 STUDENTS IN AMOUNTS REPRESENTING PORTIONS OF ANNUAL TUITION AS DETERMINED BY THE ADMINISTRATION OF THE SCHOOL. THE MAJORITY OF RECIPIENTS HAVE NO RELATIONSHIP TO THE SCHOOL OTHER THAN THEIR STATUS AS STUDENTS; A SMALL NUMBER OF ENROLLED CHILDREN OF EMPLOYEES ALSO APPLY FOR AND ARE FOUND ELIGIBLE FOR NEED-BASED FINANCIAL AID BEYOND THE EMPLOYEE PERQUISITE. THE AMOUNTS ARE BASED ON THE SCHOOL'S INTERNAL CALCULATIONS WITH THE ASSISTANCE OF SOFTWARE BUILT AND MAINTAINED BY CLARITY. X X true true X X X X X X false true false false false false false true false Thomas Kelly Head of School 1155826 0 200000 0 1449696 0 366333 0 0 0 3171855 0 1333333 0 David Roberts Chief Financial Officer 297456 0 2500 0 31062 0 33000 0 46759 0 410777 0 0 0 Jessica Levenstein Davis Head of Upper Division 389946 0 3000 0 1133 0 33000 0 74070 0 501149 0 0 0 Deena Neuwirth Head of Lower Division 353733 0 3000 0 1071 0 33000 0 72388 0 463192 0 0 0 Javaid Khan Head of Middle Division 310177 0 2500 0 9679 0 32083 0 47083 0 401522 0 0 0 Marines Arroyo-Stuart Head of Nursery Division 262431 0 2500 0 858 0 27323 0 45220 0 338332 0 0 0 Canh Oxelson Executive Dir. College Counseling 444694 0 2500 0 8419 0 33000 0 48674 0 537287 0 0 0 Lisa J Moreira Dir. Inst. Research & Enrollment 350313 0 0 0 9553 0 32341 0 73618 0 465825 0 0 0 Melissa Parento Director of Alumni/Development 314552 0 2500 0 6018 0 33000 0 70388 0 426458 0 0 0 Gordon A Jensen Director of Facilities 324347 0 2500 0 30215 0 33000 0 20428 0 410490 0 0 0 Robert A Annunziata Dir. Athletics & Summer Prgm 132004 0 144573 0 45302 0 13887 0 17154 0 352920 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE HOUSING ALLOWANCE IS PROVIDED TO THOMAS KELLY, HEAD OF SCHOOL, LISA MOREIRA, DIRECTOR OF INSTITUTIONAL RESEARCH & ENROLLMENT MANAGEMENT, AND GORDON JENSEN, DIRECTOR OF FACILITIES. HOUSING IS PROVIDED ON CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER PURSUANT TO CONTRACTUAL PROVISION AND IS NONTAXABLE. SOCIAL CLUB DUES ARE NON-TAXABLE BY VIRTUE OF BEING A WORKING CONDITION FRINGE UNDER IRC SECTION 132. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THOMAS KELLY PARTICIPATED IN A 457(F) PLAN AND ACCRUED $333,333 DURING CALENDAR YEAR 2023. Schedule J, Part I, Line 7 Non-fixed payments THE HEAD OF SCHOOL'S BONUS WAS APPROVED BY THE BOARD CHAIR BASED ON PERFORMANCE. THE OTHER EMPLOYEES' BONUSES WERE APPROVED BY THE HEAD OF SCHOOL BASED ON PERFORMANCE. A BUILD NYC RESOURCE CORPORATION 454040561 12008EFC5 2014-11-13 38213326 PREVIOUSLY REFUND PRIOR ISSUE false true false A 24154503 38213326 764267 189319 2014 true false true true A false false false false 0.0 false false true A false false false true false false false false true A true Schedule K, Part IV, Line 2c COLUMN A Issuer name: BUILD NYC RESOURCE CORPORATION The calculation for computing no rebate due was performed on 11/13/2024 X 86 1556226 Other - Selling Price X Auction Items 300 487112 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Other - Auction Items - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ENTIRE FORM 990 WAS REVIEWED BY THE CFO. THE FORM 990 WITH THE EXCEPTION OF SCHEDULE B (SCHEDULE OF CONTRIBUTIONS) WAS REVIEWED BY THE AUDIT COMMITTEE. A COPY OF THE FINAL 990 WITHOUT SCHEDULE B WAS ALSO PROVIDED TO THE FULL BOARD. Form 990, Part VI, Line 12c Conflict of interest policy THE ASSISTANT TO THE HEAD OF SCHOOL, IN CONJUNCTION WITH THE AUDIT COMMITTEE, ANNUALLY OBTAINS COPIES OF ALL SIGNED CONFLICT OF INTEREST POLICIES. IN ADDITION TO THE VOTING BOARD MEMBERS, CONFLICT OF INTEREST AND CONFIDENTIALITY STATEMENTS ARE ALSO ANNUALLY SIGNED BY MEMBERS OF THE ADMINISTRATIVE COUNCIL WHO ARE KEY EMPLOYEES. IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE, A TRUSTEE OR AN OFFICER HAS ANY INTEREST WHICH MAY POSE A CONFLICT OF INTEREST, HE OR SHE SHALL PROMPTLY DISCLOSE THE MATERIAL FACTS OF THAT INTEREST IN WRITING TO THE CHAIR OF THE BOARD AND CHAIR OF THE AUDIT COMMITTEE OF THE BOARD. WHEN ANY MATTER IN WHICH A TRUSTEE OR AN OFFICER HAS AN INTEREST COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD FOR DECISION OR APPROVAL, THAT INTEREST SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR THE COMMITTEE BY THAT TRUSTEE OR OFFICER, AND THE TRUSTEE OR OFFICER SHALL RECUSE HIMSELF/HERSELF FROM ANY DISCUSSION AND/OR VOTE RELATING THERETO. Form 990, Part VI, Line 15a Process to establish compensation of top management official DURING THE ANNUAL BUDGET PROCESS, THE EXECUTIVE COMMITTEE ACTING AS THE COMPENSATION COMMITTEE, REVIEWS RELEVANT COMPARABLE COMPENSATION DATA AND FORMALLY MEETS AND APPROVES RECOMMENDED COMPENSATION FOR THE HEAD OF SCHOOL. THEY DOCUMENT THIS REVIEW CONTEMPORANEOUSLY. THIS PROCESS WAS PERFORMED IN MAY 2023 FOR FISCAL-YEAR 2024 AND SUBSEQUENTLY THE PROCESS WAS PERFORMED IN MAY 2024 FOR FISCAL-YEAR 2025. ADDITIONALLY, IN MAY 2023, THE SCHOOL ENGAGED AN OUTSIDE CONSULTANT TO HELP DETERMINE THE AMOUNT OF THE HEAD OF SCHOOL'S 457(F) PLAN AND CONTRACT EXTENSION THAT BECAME EFFECTIVE JULY 1, 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees DURING THE ANNUAL BUDGET PROCESS, THE EXECUTIVE COMMITTEE ACTING AS THE COMPENSATION COMMITTEE, REVIEWS RELEVANT COMPARABLE COMPENSATION DATA AND FORMALLY MEETS AND APPROVES RECOMMENDED COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THEY DOCUMENT THIS REVIEW CONTEMPORANEOUSLY. THIS PROCESS WAS PERFORMED IN MARCH 2023 FOR FISCAL-YEAR 2024 AND SUBSEQUENTLY THE PROCESS WAS PERFORMED IN MARCH 2024 FOR FISCAL-YEAR 2025. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE SCHOOL'S WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE ON EMMA. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Postretirement/retirement bonus interest cost - -1345461; Postretirement/retirement bonus actuarial loss - -1444223; JOHN DORR NATURE LAB OF HORACE MANN SCHOOL 231 W 246TH STREET BRONX NY 10471 066085965 HOLDING CO NY 501(c)(3) PF NA false false false false false false false false false false false false false false false false false false false false