2022-03-09T13:23:45-06:00 2021-06-30 522138627 MURPHY & MURPHY CPA LLC 108 LA GRANGE AVENUE LA PLATA MD 20646 990 2020-07-01 520853724 THE CALVERT COUNTY DAY SCHOOL INC T/A THE CALVERTON SCHOOL CALV 4105350216 300 CALVERTON SCHOOL ROAD HUNTINGTOWN MD 20639 ARPANA A SHAH PRESIDENT 3014816234 2022-03-01 1 ARPANA SHAH 999009999 LISA R BROWN CPA P00449079 3016097515 2022-03-01 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ARPANA A SHAH 300 CALVERTON SCHOOL ROAD HUNTINGTOWN MD 20639 7587428 0 X WWW.CALVERTONSCHOOL.ORG X 1967 MD FOSTERING A CULTURE OF RESPECT, HIGH EXPECTATIONS, AND SHARED EXPERIENCES, THE CALVERTON SCHOOL INSTILLS IN STUDENTS INTELLECTUAL CURIOSITY, PERSONAL RESPONSIBILITY, AND A STRONG WORK ETHIC TO PREPARE THEM FOR HIGHER EDUCATION AND RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC AND GLOBAL COMMUNITY. 17 17 120 85 0 0 389616 550369 6008973 6008242 41355 69865 142133 951687 6582077 7580163 1266001 1246592 0 0 3898746 3779207 0 0 128081 2392364 2154825 7557111 7180624 -975034 399539 12494959 12639830 8579236 8120889 3915723 4518941 X FOSTERING A CULTURE OF RESPECT, HIGH EXPECTATIONS, AND SHARED EXPERIENCES, THE CALVERTON SCHOOL INSTILLS IN STUDENTS INTELLECTUAL CURIOSITY, PERSONAL RESPONSIBILITY, AND A STRONG WORK ETHIC TO PREPARE THEM FOR HIGHER EDUCATION AND RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC AND GLOBAL COMMUNITY. 0 0 5876929 1246592 6137647 THE CALVERTON SCHOOL IS A CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL FOR STUDENTS IN PRE-SCHOOL THROUGH GRADE 12. THE CAMPUS OCCUPIES 153 ACRES WITH SCIENCE AND ART LABS, A BLACK BOX THEATER, EXPANSIVE PLAYING FIELDS, FOUR RESIDENTIAL HOUSES, NATURE TRAILS, FORESTS, STREAMS AND MARSHLAND, LOCATED BETWEEN THE PATUXENT RIVER AND THE CHESAPEAKE BAY. WITHIN OUR FACULTY, STAFF AND ADMINISTRATORS, THE MAJORITY HOLD ADVANCED DEGREES. OUR AVERAGE CLASS SIZE IS 14 AND STUDENT-TEACHER RATIO IS 7:1. OVER THE PAST TEN YEARS, 98% OF OUR GRADUATES MATRICULATED TO FOUR YEAR BACCALAUREATE-GRANTING INSTITUTIONS.OUR RIGOROUS ACADEMIC PROGRAM INCLUDES EIGHTEEN INTERNATIONAL BACCALAUREATE PROGRAM COURSES. THERE ARE NORMALLY TEN ATHLETIC SPORTS WITH TEAMS AT DIFFERENT COMPETITIVE AND DEVELOPMENTAL LEVELS FOR OUR MIDDLE AND UPPER SCHOOL STUDENTS. DUE TO COVID IN 2020/21 MOST TEAMS DID NOT COMPETE. WE HOUSE 25-30 INTERNATIONAL STUDENTS ON CAMPUS FROM VARIOUS COUNTRIES: CHINA, KOREA, HONG KONG, BERMUDA, AND CAYMAN ISLAND.TECHNOLOGY INCLUDES WIRELESS COMPUTING ON CAMPUS, SMARTBOARDS, IPADS FOR LOWER SCHOOL STUDENTS IN KINDERGARTEN, 1ST-3RD GRADES AND LAPTOPS FOR STUDENTS IN 4TH AND 5TH GRADE. STUDENTS IN 6TH-12TH GRADES BRING THEIR OWN DEVICES.CALVERTON OFFERS NEED-BASED FINANCIAL ASSISTANCE AND MERIT-BASED SCHOLARSHIPS. 5876929 1 1 0 0 0 0 0 0 0 1 1 0 0 1 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 0 0 0 0 0 0 0 0 0 1 41 0 1 120 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4105350216 300 CALVERTON SCHOOL ROAD HUNTINGTOWN MD 20639 ARPANA SHAH MD PRESIDENT 5.00 X X 0 0 0 FRANCISCO KUIDLAN VICE PRESIDENT 5.00 X X 0 0 0 INDIRA TIWARRI SECRETARY 5.00 X X 0 0 0 TOM TRENTMAN TREASURER 5.00 X X 0 0 0 KISHMA PRINCE TRUSTEE 2.00 X 0 0 0 MICHAEL BROOKS TRUSTEE 2.00 X 0 0 0 JENNIFER FRIAS TRUSTEE 2.00 X 0 0 0 CONNIE GRADY TRUSTEE 2.00 X 0 0 0 MICHELLE GOODWIN TRUSTEE 2.00 X 0 0 0 MICK SHOVE TRUSTEE 2.00 X 0 0 0 PHILIP BUNN TRUSTEE 2.00 X 0 0 0 JOHN CRAWFORD TRUSTEE 2.00 X 0 0 0 PATRICIA JENKINS TRUSTEE 2.00 X 0 0 0 DANIELLE LICO TRUSTEE 2.00 X 0 0 0 SAM LONG TRUSTEE 2.00 X 0 0 0 KERRI MALONEY TRUSTEE 2.00 X 0 0 0 ZACK ZIMMERMAN TRUSTEE 2.00 X 0 0 0 CHRISTOPHER HAYES EX-OFFICIO & HEAD OF SCHOO 40.00 X 172179 0 7489 JANICE BUNCH DIRECTOR OF FINANCE/CFO 40.00 X 92980 0 6209 265159 0 13698 1 0 1 0 CANEY CREEK CATERING COMPANY 235 CEDAR BEACH DRIVE PRINCE FREDERICK MD 20639 FOOD DELIVERY FOR RESIDENTIAL HOUSES 130967 1 550369 550369 TUITION AND FEES 611710 5410824 5410824 AUXILIARY 611710 551589 551589 PROGRAM ACTIVITIES 611710 45829 45829 6008242 70966 70966 130506 0 130506 130506 130506 1101 -1101 -1101 -1101 78831 6164 72667 72667 MISC INCOME 611710 748514 748514 748514 7580163 6137647 0 892147 1246592 1246592 3164307 2433574 676850 53883 32594 18253 13037 1304 327784 229912 93827 4045 254522 195746 54442 4334 9961 9961 35525 35525 1037 1037 121189 65590 55599 153148 97693 54374 1081 121599 90361 31238 156709 134770 14104 7835 44494 44494 127643 128619 -976 698991 698991 59882 14639 45243 RESIDENTIAL/BOARDING 325528 325528 REPAIRS & MAINTENANCE 155512 155512 PROGRAMS 62245 62245 TELEPHONE 58167 58167 23195 23195 7180624 5876929 1175614 128081 1845 1845 1392974 1723668 4000 101000 30075 49486 66478 129911 20855460 11315860 10104904 9539600 312094 388766 582589 705554 12494959 12639830 612945 486511 1215392 1605771 4025244 4050767 37250 22396 1946462 1955444 741943 0 8579236 8120889 X 2493601 2754477 1422122 1764464 3915723 4518941 12494959 12639830 399539 203679 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 232745 2134 0 234879 549968 4936 322159 232745 692293 23657 165982 549968 830314 26118 164139 692293 1275847 27421 472954 830314 0.00000 0.90000 0.10000 0 0 1555303 1555303 17601812 10133219 7468593 1663821 1182641 481180 34524 34524 9539600 JOHNP/ELSA BROOME SCHOLARSHIP FUND 705554 705554 X 6537250 203679 203679 6333571 1246592 1246592 7580163 5934032 0 5934032 1246592 1246592 7180624 PART X, LINE 2: THE SCHOOL HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S NET ASSETS, CHANGE IN NET ASSETS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2021 AND 2020. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2018. THE SCHOOL'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID, DISCOUNTS. SCHOLARSHIPS PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID, DISCOUNTS. SCHOLARSHIPS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED IN THE BALTIMORE SUN ANNUALLY. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED A LOAN UNDER THE PAYCHECK PROTECTION PROGRAM ESTABLISHED BY THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. AUCTION 78831 78831 6164 78831 78831 6164 6164 72667 1 TUITION ASSISTANCE, MERIT/RESTRICTED SCHOLARSHIPS,OR FINANCIAL AID GIVEN TO STUDENTS BASED ON NEED 151 1246592 FMV TUITION ASSISTANCE OR FINANCIAL AID GIVEN TO STUDENTS BASED ON NEED 0 0 0 0 0 0 0 0 0 CHRISTOPHER HAYES EX-OFFICIO & HEAD OF SCHOO 172179 0 0 0 0 0 0 0 7489 0 179668 0 0 0 A COUNTY COMMISSIONERS OF CALVERT COUNTY ECONOMIC 526002810 2012-01-27 4035714 TO REFUND 1999 BOND ISSUE 0 0 0 A 4035714 80714 3955000 1 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 1 SCH K, PART I, BOND ISSUES: (A) ISSUER NAME COUNTY COMMISSIONERS OF CALVERT COUNTY ECONOMIC DEVELOPMENT REVENUE SERIES FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S GOVERNING BOARD IS PROVIDED THE FORM 990 FOR REVIEW AT A BOARD MEETING PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO REVIEW CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND SIGN ANNUAL DISCLOSURE STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES CONDUCTS AN EVALUATION AND REVIEWS COMPENSATION OF COMPARABLE ORGANIZATIONS TO DETERMINE COMPENSATION FOR TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AT BOARD MEETINGS. THE FINANCIAL STATEMENTS ARE DISTRIBUTED QUARTERLY TO BOARD MEMBERS AND TO VENDORS AS REQUIRED. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN EITHER THE AUDIT OVERSIGHT OR SELECTION FROM THE PRIOR YEAR.