2025-05-12T08:21:45+00:00 2024-06-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-07-01 560125490 Carolina Day School Inc CARO 8282740757 1345 Hendersonville Road Asheville NC 28803 Brett Fuhrman Head of School 8282740757 2025-05-12 true Amy Bibby P00445891 8282542254 2025-05-08 2023 2025-03-06 01:10:19Z Brett Fuhrman 1345 Hendersonville Road Asheville NC 28803 23711055 false X WWW.CAROLINADAY.ORG X 1936 NC PROVIDING EDUCATIONAL SERVICES TO THE COMMUNITY. 17 16 274 400 0 0 1320158 2442312 19350559 20330457 343459 629438 37394 119755 21051570 23521962 3394911 3249531 0 0 12774124 13464812 0 0 703019 4559048 5076775 20728083 21791118 323487 1730844 34097937 35721901 6815533 6267505 27282404 29454396 To inspire students to become innovative thinkers who communicate with intelligence and clarity, create with vision and purpose, and act with courage and compassion to confidently make a meaningful difference in the world. false false 18599052 3249531 20330457 SEE SCHEDULE O 18599052 true true false false false false false false true true false false false true true false true true false false false false false true false false false true true false false false false false false false true true false false false false true true false false false true 71 0 true 274 true false false false false true true true true false false false false false false X 17 16 false false false false false false false true true false false true true true true true true true false false X X Brett Fuhrman 8282740758 1345 Hendersonville Road Asheville NC 28803 ANN GOOSMANN SECRETARY 5.0 X X 0 0 0 ELIZABETH MAILANDER VICE CHAIR 5.0 X X 0 0 0 JENNIFER BOCK BOARD CHAIR 5.0 X X 0 0 0 MARK KIISS FINANCE CHAIR/TREASURER 5.0 X X 0 0 0 BARRY JOHNSON TRUSTEE 2.0 X 0 0 0 DIANE FOURTON TRUSTEE 2.0 X 0 0 0 ELIZABETH FLYNN TRUSTEE 2.0 X 0 0 0 EMILY ROBERTS TRUSTEE 2.0 X 0 0 0 HEATHER HANKS TRUSTEE 2.0 X 0 0 0 HILARY THOMAS TRUSTEE 2.0 X 0 0 0 HIMANSHU KARVIR TRUSTEE 2.0 X 0 0 0 KEMPER BROWN TRUSTEE 2.0 X 0 0 0 RANDALL RICHARDSON TRUSTEE 2.0 X 0 0 0 SCOTT GROCE TRUSTEE 2.0 X 0 0 0 STEFANIE UPHAM TRUSTEE 2.0 X 0 0 0 SUZANNE ROSE TRUSTEE/PAST CHAIR 2.0 X 0 0 0 TOM HUNTER TRUSTEE 2.0 X 0 0 0 BRETT FUHRMAN HEAD OF SCHOOL 50.0 X 270096 0 0 DIANE MILNER KEY SCHOOL PRINCIPAL 40.0 X 129279 0 17017 ELAINE KREUZ DIR. OF ADVANCEMENT 40.0 X 152339 0 22028 LAUREN EVANS PRE-K - 8 PRINCIPAL 40.0 X 137281 0 17485 STEVE HENRY ASSOCIATE HEAD OF SCHOOL 40.0 X 103168 0 30561 TAUNI BUTTERFIELD ATHLETICS DIRECTOR 40.0 X 137378 0 15201 Stephanie Whitney FORMER HEAD OF SCHOOL 50.0 X 328275 0 13524 1257816 0 115816 6 true true false Electronic Office 1257 SWEETEN CREEK RD ASHEVILLE NC 28803 COMPUTER CONSULTING 308676 Bartlett Construction & Landscaping Co 23 Belton Way Weaverville NC 287876606 Construction and landscaping 272650 Legerton Architecture 21 N Liberty St Asheville NC 28801 architectural consulting 252491 Inspection Ready Cleaning PO BOX 1623 SKYLAND NC 28776 CLEANING SERVICE 238455 Jackson Electric Contractors 6 Bagwell Mill Road Arden NC 28704 Electrical Contracting 181155 7 128146 2314166 49142 2442312 Tuition & Fees 611710 20330457 20330457 0 0 0 0 20330457 581066 581066 0 0 48372 48372 0 48372 48372 283272 128146 189093 94179 94179 Miscellaneous Income 900099 25576 25576 0 0 0 0 25576 23521962 20330457 0 749193 3249531 3249531 328275 328275 9523334 8082124 1004210 437000 413356 353673 38223 21460 2499345 2143516 244508 111321 700502 581289 87965 31248 16073 16073 62372 62372 34672 34672 978357 581131 394305 2921 82721 74926 7795 489499 358297 39928 91274 669819 641336 28483 653777 649517 4260 151558 151558 35931 24139 11792 158188 158188 819247 819247 119055 119055 Class Expenses 383553 383553 Other Educational Expenses 222788 222788 Club Expenses 103399 103399 Miscellaneous 75282 75282 20484 20484 0 0 21791118 18599052 2489047 703019 2217748 1735909 5418013 5928203 125373 42600 198844 304462 0 0 64758 182003 36086753 14441146 20483326 21645607 5213897 5633631 0 0 375978 249486 34097937 35721901 1663136 1135064 973550 1315256 0 3798966 3564514 379881 252671 6815533 6267505 X 23096847 23681409 4185557 5772987 27282404 29454396 34097937 35721901 1730844 441148 0 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5213897 103788 648584 256000 5710269 4937146 2173 529578 255000 5213897 6090632 11362 -929848 235000 4937146 4891521 4950 1409161 215000 6090632 4956610 1639 159272 226000 4891521 0.2756 0.6245 0.0999 false false 5634505 5634505 20874358 10166719 10707639 118684 118684 0 2619893 2269796 350097 6839313 1885947 4953366 21645607 Lease Liability 252671 252671 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE ORGANIZATION UTILIZES DISTRIBUTIONS FROM ENDOWMENT FUNDS AS DIRECTED BY DONORS FOR A VARIETY OF PROGRAMS AND SERVICES OFFERED BY THE SCHOOL AS PART OF ITS EXEMPT PURPOSE. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The School is exempt from federal and state income taxes under Internal Revenue Code Section 501(c)(3) and the statutes of the State of North Carolina. Accordingly, no provision for income taxes is provided in the consolidated financial statements. The School's policy is to record a liability for any tax position taken that is beneficial to the School, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of June 30, 2024 and, accordingly, no liability has been accrued. true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY CAROLINA DAY SCHOOL ADMINISTERS ITS ADMISSIONS, SCHOLARSHIP, ATHLETIC, PERSONNEL, AND OTHER PROGRAMS WITHOUT REGARD TO RACE, CREED, COLOR, NATIONAL OR ETHNIC ORIGIN. 2024 Auction Gala 401298 128146 273152 25000 15500 46318 21101 64655 Horizons Event 94383 84263 10120 1100 15419 0 495681 212409 283272 25000 15500 46318 22201 80074 189093 94179 true Need-Based Financial Aid 169 3143595 Merit Scholarships 20 74750 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. FINANCIAL AID IS AWARDED BASED ON FINANCIAL NEED AS DETERMINED THROUGH ANALYSIS BY SCHOOL AND STUDENT SERVICES BY NAIS, BALANCED WITH FUNDS AVAILABLE. MERIT SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON ACADEMIC ACHIEVEMENT. STUDENTS CAN CONTINUE TO RECEIVE THE AWARD EACH YEAR UNTIL GRADUATION AS LONG AS THEY MEET QUALIFICATIONS. X true true X X false false false false false false false false false Stephanie Whitney FORMER HEAD OF SCHOOL 323275 0 0 0 5000 0 8375 0 5149 0 341799 0 0 0 BRETT FUHRMAN HEAD OF SCHOOL 270096 0 0 0 0 0 0 0 0 0 270096 0 0 0 ELAINE KREUZ DIR. OF ADVANCEMENT 152339 0 0 0 0 0 7983 0 14045 0 174367 0 0 0 TAUNI BUTTERFIELD ATHLETICS DIRECTOR 137378 0 0 0 0 0 6916 0 8285 0 152579 0 0 0 LAUREN EVANS PRE-K - 8 PRINCIPAL 137281 0 0 0 0 0 7101 0 10384 0 154766 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE HEAD OF SCHOOL RECEIVES AN ANNUAL HOUSING ALLOWANCE FOR THEIR RESPONSIBILITIES AS HEAD OF SCHOOL. THE HOUSING ALLOWANCE IS INCLUDED AS TAXABLE INCOME ON THEIR W-2. Electronic Office Board Member Kemper Brown is CEO 308676 Payment for outsourced IT services by Electronic Office false X 2 46998 Market value X Gift Card 1 200 NONE X Trip Costs 1 15000 Market value 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions The organization uses third party financial advisors to process and sell donated stocks upon receipt. Form 990, Part III, Line 4a CAROLINA DAY SCHOOL IS A MODEL OF ACADEMIC EXCELLENCE, A LEADER IN CURRICULAR INNOVATION, AND IS AN ACCREDITED, CO-EDUCATIONAL, SECULAR, INDEPENDENT DAY SCHOOL. IN THE 2023-24 SCHOOL YEAR, 624 STUDENTS ENROLLED IN PRE-KINDERGARTEN THROUGH GRADE 12. CAROLINA DAY SCHOOL DELIVERS A RICH, DIFFERENTIATED, PERSONALLY RIGOROUS, WHOLE-CHILD ACADEMIC EXPERIENCE THAT FOSTERS ACCELERATED LEARNING, AND PROVIDES SUPPORTS WHEN NECESSARY TO ACADEMICALLY CAPABLE, MOTIVATED AND INQUISITIVE STUDENTS. EXPERIENTIAL, DEEP LEARNING IS HALLMARK TO THE PROGRAM. EXCEPTIONAL FACULTY DEEPLY KNOW THEIR STUDENTS, WHO DISTINGUISH THEMSELVES NOT ONLY ACADEMICALLY, BUT ALSO ARTISTICALLY, ATHLETICALLY, AND SOCIALLY IN A COMMUNITY BUILT ON TRUST, INTEGRITY, AND KINDNESS. THE KEY SCHOOL, ESTABLISHED IN 1997, IS A DIVISION OF CAROLINA DAY SCHOOL. THE KEY SCHOOL PROVIDES EDUCATIONAL OPPORTUNITIES FOR BRIGHT STUDENTS WITH LANGUAGE-BASED LEARNING DIFFERENCES. THE KEY SCHOOL'S TEACHER TRAINING PROGRAM IS ACCREDITED BY THE INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL, THE ACADEMY OF ORTON- GILLINGHAM PRACTITIONERS AND EDUCATORS, AND THE INTERNATIONAL DYSLEXIA ASSOCIATION. Form 990, Part VI, Line 18 RECENT FILINGS OF THE FORM 990 ARE AVAILABLE UPON REQUEST AND ONLINE AT WWW.GUIDESTAR.ORG. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 WAS REVIEWED IN DEPTH BY THE AUDIT COMMITTEE WITH ASSISTANCE OF THE TAX PREPARER AND THEN PROVIDED TO THE ENTIRE VOTING BOARD, PRIOR TO THE RETURN'S FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy ALL BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST POLICY. Management MONITORS TRANSACTIONS FOR THE SCHOOL TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE HEAD OF SCHOOL/PRESIDENT IS DETERMINED BY A COMPENSATION COMMITTEE WHO OBTAIN COMPARABLE DATA FROM SIMILAR SCHOOLS. COMPENSATION FOR THE ASSOCIATE HEAD OF SCHOOL/VICE-PRESIDENT IS DETERMINED BY THE HEAD OF SCHOOL WHO USES COMPARABLE DATA FROM SIMILAR SCHOOLS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. Key Learning Center 1345 Hendersonville Rd Asheville NC 28803 461603644 Education/Professional Dev. NC 501(c)(3) 7 Carolina Day School Inc true false false false false false false false false false false false false false true false false false false false