2022-03-24T14:30:30-05:00 2021-06-30 383635706 REHMANN ROBSON LLC 1500 W BIG BEAVER RD 2ND FLR TROY MI 48084 990 2020-07-01 381561062 ROEPER CITY AND COUNTRY SCHOOL INC ROEP 2482037300 41190 WOODWARD AVENUE BLOOMFIELD HILLS MI 483045020 DAVID FELDMAN HEAD OF SCHOOL 2482037300 2022-03-23 1 DAVID FELDMAN 999009999 KATHLEEN M UNDERHILL CPA P00589677 2489525000 2022-03-23 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID FELDMAN 41190 WOODWARD AVENUE BLOOMFIELD HILLS MI 483045020 17040894 0 X WWW.ROEPER.ORG X 1967 MI PROVIDE EDUCATION FOR GIFTED STUDENTS OF DIVERSE BACKGROUNDS IN PRE-K THROUGH 12TH GRADE. 18 16 169 95 -33252 0 2062611 2610097 15543936 12942745 282545 246240 56736 29060 17945828 15828142 3170473 2975849 0 0 9127648 8669744 0 0 453215 4479898 3881089 16778019 15526682 1167809 301460 31989087 34116245 6622935 6630063 25366152 27486182 X PROVIDE EDUCATION FOR GIFTED STUDENTS OF DIVERSE BACKGROUNDS IN PRE K THROUGH 12TH GRADE IN ACCORDANCE WITH THE ROEPER PHILOSOPHY OF RESPECT AND RESPONSIBILITY, WITH TEACHERS WHO UNDERSTAND THEIR PROFESSION AND THE CHARACTERISTICS OF GIFTED CHILDREN AND IN A SAFE ENVIRONMENT FOR INTELLECTUAL, SOCIAL, EMOTIONAL AND PHYSICAL GROWTH. 0 0 12332643 2975849 12665599 PROVIDE AN INDIVIDUALIZED EDUCATION FOR PRE K THROUGH SECONDARY STUDENTS THAT IS APPROPRIATE TO THE INTELLECTUAL, EMOTIONAL AND PHYSICAL NEEDS OF GIFTED AND CREATIVE CHILDREN IN ACCORDANCE WITH THE ROEPER PHILOSOPHY AND SYSTEM OF VALUES. 114626 174023 PROVIDE A LEARNING ENVIRONMENT THROUGH EXTRA-CURRICULAR ACTIVITIES AND AFTER-CARE PROGRAMS FOR PRE K THROUGH SECONDARY STUDENTS THAT IS APPROPRIATE TO THE INTELLECTUAL, EMOTIONAL AND PHYSICAL NEEDS OF GIFTED AND CREATIVE CHILDREN IN ACCORDANCE WITH THE ROEPER PHILOSOPHY AND SYSTEM OF VALUES. 453779 122458 PROVIDE RECREATIONAL SUMMER DAY CAMP AND ENRICHMENT FOR SCHOOL AGE CHILDREN IN THE DETROIT METROPOLITAN AREA IN ACCORDANCE WITH THE ROEPER PHILOSOPHY AND SYSTEM OF VALUES. 12901048 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 56 0 1 169 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X DAVID FLUENT 2482037305 41190 WOODWARD AVENUE BLOOMFIELD HILLS MI 483045020 ASHLEY LOWE CHAIR 5.00 X X 0 0 0 ALANA GLASS VICE-CHAIR ADMINISTRATION 5.00 X X 0 0 0 SHANNON MARTIN VICE-CHAIR FINANCE 5.00 X X 0 0 0 CLAY THOMAS CHAIR-DESIGNATE/TREASURER 5.00 X X 0 0 0 LINDA BAN SECRETARY 5.00 X X 0 0 0 BETH VENS TRUSTEE 1.00 X 0 0 0 DR STEVEN GREKIN TRUSTEE 1.00 X 0 0 0 HERMAN MARABLE TRUSTEE 1.00 X 0 0 0 JAY MARKS TRUSTEE 1.00 X 0 0 0 ANESSA KRAMER TRUSTEE 1.00 X 0 0 0 JOY LAWSON DAVIS TRUSTEE 1.00 X 0 0 0 LAURA KARMONOS TRUSTEE 1.00 X 0 0 0 KENNY MILLER PARENT REPRESENTATIVE 1.00 X 0 0 0 SUSANNAH HANSEN STAFF REPRESENTATIVE 1.00 X 57300 0 14925 SCOTT VARTANIAN STAFF REPRESENTATIVE 1.00 X 61100 0 35108 COLLEEN ALLEN TRUSTEE 1.00 X 0 0 0 KEVIN CARLSON PARENT REPRESENTATIVE 1.00 X 0 0 0 CHERYL BLAU ALUMNI REPRESENTATIVE 1.00 X 0 0 0 DAVID FELDMAN HEAD OF SCHOOL 60.00 1.00 X 247209 0 35851 DENITA BANKS-SIMS DIRECTOR OF DEVELOPMENT 50.00 X 145122 0 9268 DAVID FLUENT ASSOCIATE HEAD FOR FINANCE & OPERATIONS 50.00 X 150960 0 8150 LESLIE HOSEY DIRECTOR OF LOWER SCHOOL 50.00 X 117418 0 15864 LORI ZINSER DIRECTOR OF ADMISSIONS AND ENROLLMENT MANAGEMENT 50.00 X 104017 0 10650 883126 0 129816 5 0 1 0 G&A CLEANING INC 8100 E NINE MILE RD WARREN MI 48089 JANITORIAL SERVICES 189565 EDUSTAFF LLC 4120 BROCKTON DR SE SUITE 200 GRAND RAPIDS MI 49512 SUBSTITUTE SERVICES 126083 BLACKBAUD INC 2000 DANIEL ISLAND DR CHARLESTON SC 294927541 SOFTWARE PROVIDER 105492 3 X 69417 2139511 401169 32258 2610097 TUITION 900099 12665599 12665599 SUMMER DAY CAMP & ENRICHMENT 900099 174023 174023 OTHER FEES/AFTERCARE PROGRAM 900099 103123 103123 12942745 346116 346116 6868 6868 851562 232849 918453 265834 -66891 -32985 -99876 -24766 -75110 46676 69417 28465 18211 18211 OTHER REVENUE 900099 3981 19335 -15354 3981 15828142 12962080 -33252 289217 64178 64178 2911671 2911671 289249 289249 7040012 5706305 1008256 325451 256876 201124 42196 13556 571043 456496 97002 17545 512564 405728 83715 23121 50311 50311 42767 42767 12464 12464 185904 18463 160710 6731 587691 444634 113858 29199 894748 840611 54137 39093 28252 10841 915581 860183 55398 TUITION REMISSION FACUL 710243 566703 129419 14121 OTHER 328160 286237 18432 23491 TRANSPORTATION EXPENDIT 52494 52158 336 FOOD SERVICE 39963 39963 21670 18342 3328 15526682 12901048 2172419 453215 2180195 1159086 1413999 3971560 190606 68500 145643 118998 201580 124162 24520538 10425837 14843602 14094701 12542081 14221175 471381 358063 31989087 34116245 455647 449091 2800321 3120771 2929011 2709951 437956 350250 6622935 6630063 X 17160601 17720322 8205551 9765860 25366152 27486182 31989087 34116245 X 301460 1837742 -19172 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7724437 15800 2039703 357949 9421991 7537427 246581 253381 312952 7724437 7372025 9100 467682 311380 7537427 7162417 17472 497544 305408 7372025 6764111 15724 690747 308165 7162417 0.57135 0.42864 1 0 218750 218750 21321936 8568966 12752970 1335549 721990 613559 1644303 1134881 509422 14094701 MONEY MARKET FUNDS 33731 F FIXED INCOME CORP BONDS 7854056 F MUTUAL FUNDS 5922452 F COMMON STOCKS 276974 F EXCHANGE-TRADED FUND 133962 F 14221175 DUE TO SCHOOL AFFILIATED GROUPS 145981 INTEREST RATE SWAP LIABILITY 204269 350250 X 14710378 1837742 1837742 12872636 12464 2943042 2955506 15828142 12590348 17500 17500 12572848 12464 2941370 2953834 15526682 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED PRIMARILY FOR SCHOLARSHIPS. PART X, LINE 2: MANAGEMENT HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2018 THROUGH 2021, THE YEARS, WHICH REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2021. MANAGEMENT CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE SCHOOL'S FINANCIAL STATEMENTS. MANAGEMENT DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE SCHOOL DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT JUNE 30, 2021 OR 2020 AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND ALLOCATIONS - FINANCIAL AID & SCHOLARSHIPS 2,911,671. BAD DEBT EXPENSE 29,699. TAX LOSS ON DISPOSAL OF ULTIMATE SOCCER ARENAS K-1 PARTNERSHIP UNITS -85,834. INCOME/LOSS FROM K-1 ULTIMATE SOCCER ARENAS 87,506. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 17,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND ALLOCATIONS - FINANCIAL AID & SCHOLARSHIPS 2,911,671. BAD DEBT EXPENSE 29,699. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN AREA NEWSPAPERS DURING THE PERIOD OF SOLICITATION OF STUDENTS. MOSAIC - DINNER & AUCTION 108643 69417 39226 1552 11022 13211 GOLF OUTING 7450 7450 2680 116093 69417 46676 1552 11022 15891 28465 18211 1 ROEPER INSTITUTE 41190 WOODWARD AVE BLOOMFIELD HILLS MI 48304 383471635 501(C)(3) 64178 LEADERSHIP GRANT PROJECT 1 0 FINANCIAL AID AND SCHOLARSHIPS TO STUDENTS ATTENDING THE ROEPER SCHOOL 212 2911671 PART I, LINE 2: THE ROEPER SCHOOL GRANTS FINANCIAL AID TO ITS STUDENTS BASED UPON FINANCIAL NEED. FINANCIAL ASSISTANCE IS AWARDED ON A YEARLY BASIS AND FAMILIES MUST FILE A PARENTS' FINANCIAL STATEMENT EVERY YEAR THEY DESIRE ASSISTANCE. STUDENTS APPLYING FOR THIRD-PARTY SCHOLARSHIPS OR FINANCIAL AID MUST COMPLETE THE SCHOOL'S ENROLLMENT PROCESS. IN ADDITION, THIRD-PARTY SCHOLARSHIP APPLICANTS MUST MEET THE CRITERIA ESTABLISHED BY THE FOUNDATIONS FUNDING THE SCHOLARSHIPS. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DAVID FELDMAN HEAD OF SCHOOL 241470 0 0 0 5739 0 12902 0 22949 0 283060 0 0 0 DAVID FLUENT ASSOCIATE HEAD FOR FINANCE & OPERATI 150960 0 0 0 0 0 0 0 8150 0 159110 0 0 0 DENITA BANKS-SIMS DIRECTOR OF DEVELOPMENT 145122 0 0 0 0 0 0 0 9268 0 154390 0 0 0 X 5 32258 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ROEPER SCHOOL UPDATED AND ADOPTED THE POLICY FOR TRUSTEES CONCERNING FIDUCIARY RESPONSIBILITY AND CONFLICTS OF INTEREST ("POLICY") IN SEPTEMBER 2002 WHICH ADDRESSES BOTH GENERAL AND FINANCIAL CONFLICTS. THE POLICY IS REVIEWED IN DEPTH WITH ALL NEW TRUSTEES DURING A TRUSTEE ORIENTATION AND THERE IS A CALL FOR CONFLICTS AT THE BEGINNING OF EACH BOARD MEETING. IN ADDITION, THE SCHOOL ALLOCATES TIME AT ITS SEPTEMBER BOARD MEETING FOR ALL TRUSTEES TO COMPLETE A WRITTEN CONFLICT OF INTEREST ANNUAL CERTIFICATION. THOSE CONFLICTS OR POTENTIAL CONFLICTS THAT ARE DISCLOSED OR DISCOVERED ARE REVIEWED BY THE AD HOC CONFLICTS COMMITTEE ("COMMITTEE"), COMPRISED OF THREE BOARD MEMBERS AND THE SCHOOL ATTORNEY, AND A RECOMMENDATION IS MADE TO THE CHAIR OF THE BOARD, IN ACCORDANCE WITH THE POLICY. SUCH RECOMMENDATION MAY INCLUDE A FINDING OF NO CONFLICT OR A CONFLICT WITH FURTHER RECOMMENDATIONS ON MATERIALITY, DISCLOSURE, RECUSAL FROM DISCUSSIONS AND/OR VOTING, OR ALTERNATIVES THAT WOULD NOT GIVE RISE TO A CONFLICT. THE COMMITTEE SHALL KEEP MINUTES ON ITS DETERMINATIONS AND, IN THE EVENT OF DISCLOSURE TO THE BOARD, THE BOARD SHALL RECORD MINUTES ON THE MATTER AS WELL. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DESIGNATED THE EXECUTIVE COMMITTEE (OR NO FEWER THAN THREE DESIGNATED MEMBERS THEREOF) TO NEGOTIATE AND ENTER INTO A CONTRACT WITH THE HEAD OF THE SCHOOL. THE EXECUTIVE COMMITTEE SELECTED THREE MEMBERS TO FORM A HEAD COMPENSATION COMMITTEE AND ALL INDIVIDUALS CERTIFIED THEY HAD NO CONFLICT OF INTEREST. THE COMMITTEE UTILIZED INDEPENDENT SCHOOLS BENCHMARKING DATA TO ASSIST IN DETERMINING THE COMPENSATION AND BENEFITS PACKAGE. ALSO, THE COMMITTEE DOCUMENTED THE DECISION REGARDING THE FINAL COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 1E: THE SCHOOL WAS A RECIPIENT OF PAYCHECK PROTECTION PROGRAM LOANS GRANTED BY THE SMALL BUSINESS ADMINISTRATION UNDER THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT ("CARES ACT") IN MAY 2020 AND JANUARY 2021 TO ASSIST IN MAINTAINING COMPENSATION COSTS AND EMPLOYEE HEADCOUNT FOLLOWING RECEIPT OF EACH LOAN DURING THE PANDEMIC. THE FULL AMOUNT OF THE FIRST LOAN WAS FORGIVEN IN MARCH 2021 IN ACCORDANCE WITH THE CARES ACT. THE SCHOOL EXPECTS THE SECOND PPP LOAN TO BE FULLY FORGIVEN IN FISCAL YEAR 2022 AND HAS INCLUDED THE FULL AMOUNT AS A GOVERNMENT GRANT ON THE 990 ALONG WITH THE REMAINING PORTION OF THE FIRST LOAN WHICH HAD BEEN RECORDED AS A LIABILITY AT THE END OF THE FISCAL YEAR 2020. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -17,500. TAX BASIS ADJ ON DISPOSAL OF ULTIMATE SOCCER ARENAS K-1 PARTNERSHIP UNITS 85,834. INCOME/LOSS FROM K-1 ULTIMATE SOCCER ARENAS -87,506. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE ROEPER INSTITUTE 41190 WOODWARD AVENUE BLOOMFIELD HILLS MI 48304 383471635 RESEARCH ON AND DISSEMINATION OF GIFTED EDUCATION INFORMATION MI 501(C)(3) LINE 12A, I ROEPER CITY AND COUNTRY SCHOOL INC 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 ROEPER INSTITUTE A 6868 FMV ROEPER INSTITUTE B 64178 FMV