2022-02-16T09:46:32-06:00 2021-06-30 BKD LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2020-07-01 131635261 TREVOR DAY SCHOOL % STEVEN DUDLEY TREV 2124263300 312 EAST 95TH STREET NEW YORK NY 10128 STEVEN DUDLEY CFO 2124263300 2021-11-15 true STEVEN DUDLEY 999009999 Aaron Shapiro P01333816 2128674000 2 2020 2022-09-23 18:48:47Z STEVEN DUDLEY 312 EAST 95TH STREET NEW YORK NY 10128 69295963 false X WWW.TREVOR.ORG X 1932 NY TO OPERATE AN INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE. 22 21 294 119 0 5314544 10707958 39459732 39924375 616766 5522259 527185 713799 45918227 56868391 6540258 6593110 0 0 24778343 26099389 0 0 1275108 16153897 12743895 47472498 45436394 -1554271 11431997 170386196 181115230 78440340 77737377 91945856 103377853 X TREVOR DAY SCHOOL BUILDS AN ACTIVITY-BASED SETTING TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. true true 35756085 6593110 39924375 PROVIDED EDUCATION IN AN ACTIVITY-BASED SETTING IN ORDER TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. THE SCHOOL SERVED 730 STUDENTS DURING FISCAL YEAR 2021. 35756085 true true false false false false false false false true true false false false true false true false true false false false false false true false false false true true true true false false false false false false false false false false false false false false false false false false true 214 0 294 true false false false false false true true false false false false false false X 22 21 false false false false false false false true true false false false true true true true true true true false NY X STEVEN DUDLEY 2124263300 312 EAST 95TH STREET NEW YORK NY 10128 SCOTT REISINGER HEAD OF SCHOOL - EX OFFICIO 50.0 0.0 X X 583181 0 94435 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 40.0 0.0 X 333235 0 61194 DANIEL FEIGIN ASSISTANT HEAD OF SCHOOL 40.0 0.0 X 315378 0 63490 LISA LANZI EXECUTIVE DIRECTOR OF OPERATIO 40.0 0.0 X 232451 0 30324 ANDREW WILSON DIRECTOR OF LOWER SCHOOL 40.0 0.0 X 201438 0 41055 ELIZABETH EUSEBIO DIRECTOR OF DEVELOPMENT 40.0 0.0 X 218740 0 15159 CRAIG STOLZBERG DIRECTOR OF ATHL. AND PHYS ED 40.0 0.0 X 172201 0 48461 REBECCA DAMAS DIRECTOR OF MIDDLE SCHOOL 40.0 0.0 X 191832 0 27575 ADAM EXLINE CO-DIRECTOR OF COLLEGE COUNSEL 40.0 0.0 X 171930 0 41198 SARAH LAFFERTY DIRECTOR OF LOWER SCHOOL ADMIS 40.0 0.0 X 184102 0 23776 VALERIE MNUCHIN PRESIDENT 2.0 0.0 X X 0 0 0 OLAF OLAFSSON VICE PRESIDENT 2.0 0.0 X X 0 0 0 ANNE HAUBENSTRICKER SECRETARY (CHAIR, DEV. COMM.) 2.0 0.0 X X 0 0 0 BAO TRUONG CHAIR AUD COMM., ACTING TREAS. 2.0 0.0 X X 0 0 0 JOYCE DELUCCA TREASURER(CHAIR, FINANCE COMM) 2.0 0.0 X X 0 0 0 MARIANNE MAGID JONES CHAIR, COMMITTEE ON TRUSTEES 2.0 0.0 X 0 0 0 JAMES MARKS TRUSTEE - FINANCE COMMITTEE 2.0 0.0 X 0 0 0 BURCU MIRZA ANNUAL FUND CO-CHAIR 2.0 0.0 X 0 0 0 ZEAD RAMADAN TRUSTEE - EDUCATION COMMITTEE 2.0 0.0 X 0 0 0 MARGARET CONNORS MCQUADE ACTING CHAIR, BUILDINGS AND FA 2.0 0.0 X 0 0 0 RACHEL GORDON TRUSTEE - EDUCATION COMMITTEE 2.0 0.0 X 0 0 0 ANNA WINDERBAUM TRUSTEE - FINANCE COMMITTEE 2.0 0.0 X 0 0 0 JENNY STEINGART TRUSTEE 2.0 0.0 X 0 0 0 JONATHAN BABKOW TRUSTEE - FINANCE COMMITTEE 2.0 0.0 X 0 0 0 VANESSA BACHA COMMITTEE ON TRUSTEES 2.0 0.0 X 0 0 0 MICHELLE PRYCE-SCREEN TRUSTEE-DEVELOPMENT COMMITTEE 2.0 0.0 X 0 0 0 ABIGAIL BARATTA TRUSTEE - DEVELOPMENT COMMITTE 2.0 0.0 X 0 0 0 KOJO DUFU TRUSTEE - DIVERSITY, EQUITY AN 2.0 0.0 X 0 0 0 JENNIFER LAPATINE TRUSTEE - DEVELOPMENT COMMITTE 2.0 0.0 X 0 0 0 DANIEL KATCHER TRUSTEE - AD HOC FUTURE TREVO 2.0 0.0 X 0 0 0 MARC PAYOT TRUSTEE - AD HOC FUTURE TREVOR 2.0 0.0 X 0 0 0 2604488 0 446667 78 false true false MG SECURITY SERVICES LLC 7 WEST 36TH ST 12TH FLOOR NEW YORK NY 10018 SECURITY 421916 MARTINEZ CLEANING CO INC 90-07 31ST AVENUE EAST ELMHURST NY 11369 CLEANING 340373 JERRICK ASSOCIATES INC 86-88 HAUSMAN STREET BROOKLYN NY 11222 CONSTRUCTION 210158 CATER TO YOU INC 665 BROADWAY NEW YORK NY 10012 CATERING 207507 TOMMY TOURS 76 FOSTER AVENUE STATEN ISLAND NY 10314 TRANSPORTATION 197860 14 5568339 5139619 10707958 TUITION & FEES 611110 39033014 39033014 EDUCATION AND GENERAL 611110 836017 836017 AUXILIARY 611110 55344 55344 39924375 4193896 4193896 0 0 681674 22330 659344 0 659344 659344 13699061 12370698 1328363 1328363 1328363 88999 0 34544 54455 54455 0 0 0 0 0 0 0 56868391 39924375 6236058 0 6593110 6593110 0 0 2146497 1680119 372324 94054 0 19158559 14903938 3418678 835943 930141 724453 147403 58285 2397437 1997359 335131 64947 1466755 1147340 209937 109478 0 214605 214605 97910 97910 0 0 0 816053 625428 175971 14654 0 3145997 2435029 685963 25005 0 0 3150253 2425695 693055 31503 281744 34527 247217 0 112081 112081 29731 22893 6541 297 0 3617128 2785189 795768 36171 533414 533414 BAD DEBT 150000 150000 MISCELLANEOUS 594979 268924 321284 4771 45436394 35756085 8405201 1275108 1132 2040 18616487 24106266 0 0 759463 46233 0 0 0 0 0 0 0 0 35222 40095 156878717 31469240 129000755 125409477 21852869 31342159 120268 168960 0 0 0 0 0 0 170386196 181115230 2982071 3260844 0 0 13709016 12648213 61491696 61521427 0 0 0 0 0 0 0 0 257557 306893 78440340 77737377 X 73525941 79269302 18419915 24108551 91945856 103377853 170386196 181115230 11431997 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25547522 4706415 5478645 631801 35100781 22613716 2984420 552501 603115 25547522 20453580 1683217 1072527 595608 22613716 19137474 639577 1251306 574777 20453580 15546661 2401666 1737665 548478 19137514 0.26000 0.48000 0.26000 false false 23327272 23327272 129797720 28402620 101395100 3753725 3066620 687105 125409477 0 DEFERRED COMPENSATION 168960 ACCRUED INTEREST 137933 306893 50297611 22330 22330 50275281 6593110 6593110 56868391 38865614 22330 22330 38843284 6593110 6593110 45436394 SCHEDULE D, PART V, LINE 4 TEMPORARILY RESTRICTED AND BOARD DESIGNATED FUNDS ARE USED FOR THREE MAIN PURPOSES: FACULTY SUPPORT, FINANCIAL AID, AND MISC. STUDENT PROGRAMS PART XI, LINE 2D Rental Expense: $22,330 PART XI, LINE 4B Financial Aid: $6,593,110 PART XII, LINE 2D RENTAL EXPENSE: $22,330 PART XII, LINE 4B Financial Aid: $6,593,110 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. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE SCHOOLS SENDS PUSHPAGES THROUGH PORTAL AND EMAIL COMMUNICATIONS TO THE WHOLE COMMUNITY (PARENTS, TEACHERS, STAFF AND STUDENTS). SCHEDULE E, PART I, LINE 6A THE SCHOOL GETS A REIMBURSEMENT FROM NYSED FOR MANDATED SERVICES TITLES. IN FISCAL YEAR 2021 WE ALSO RECEIVED A $4.6 MILLION PPP LOAN WHICH WAS FORGIVEN IN THE SAME FISCAL YEAR. STAFF APPREC. 88999 88999 25800 8744 0 88999 88999 25800 8744 34544 54455 true FINANCIAL AID 178 6593110 SCHEDULE I, PART I, LINE 2 THE SCHOOL REQUIRES THE STUDENTS TO APPLY ONLINE FOR FINANCIAL AID. THE FINANCIAL AID COMMITTEE COMPOSED OF ADMISSION DIRECTORS AND THE CFO REVIEW THE APPLICATION AND APPROVE THE AWARDS, WHICH ARE THEN UPLOADED IN EACH STUDENT'S ACCOUNT. THE FAMILIES ARE NOTIFIED ELECTRONICALLY OF THE AWARD AND REQUIRED TO SUBMIT AN ENROLLMENT CONTRACT WITH THE COST OF TUITION PRORATED BY FINANCIAL AID AWARD. BILLING OF THE TUITION IN THE ACCOUNTING SYSTEM IS AUTOMATICALLY PRORATED WITH THE FINANCIAL AID AWARD AND IS CHARGED IN A SPECIFIC G/L ACCOUNT WHICH MUST TOTAL THE AWARD IN EACH INDIVIDUAL STUDENT ACCOUNT. X X X X X X false false false false false false false true false SCOTT REISINGER HEAD OF SCHOOL - EX OFFICIO 560414 0 0 0 22767 0 60125 0 34310 0 677616 0 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 311373 0 20000 0 1862 0 36248 0 24946 0 394429 0 DANIEL FEIGIN ASSISTANT HEAD OF SCHOOL 298396 0 15000 0 1982 0 22905 0 40585 0 378868 0 ANDREW WILSON DIRECTOR OF LOWER SCHOOL 200100 0 0 0 1338 0 7371 0 33684 0 242493 0 LISA LANZI EXECUTIVE DIRECTOR OF OPERATIO 230962 0 0 0 1489 0 16263 0 14061 0 262775 0 ELIZABETH EUSEBIO DIRECTOR OF DEVELOPMENT 217351 0 0 0 1389 0 15159 0 0 0 233899 0 SARAH LAFFERTY DIRECTOR OF LOWER SCHOOL ADMIS 182948 0 0 0 1154 0 23776 0 0 0 207878 0 REBECCA DAMAS DIRECTOR OF MIDDLE SCHOOL 190626 0 0 0 1206 0 25200 0 2375 0 219407 0 CRAIG STOLZBERG DIRECTOR OF ATHL. AND PHYS ED 171085 0 0 0 1116 0 14777 0 33684 0 220662 0 ADAM EXLINE CO-DIRECTOR OF COLLEGE COUNSEL 170967 0 0 0 963 0 24552 0 16646 0 213128 0 SCHEDULE J, PART I, LINE 7 BONUSES PAID TO STEVEN DUDLEY AND DANIEL FEIGIN WERE NON-FIXED IN NATURE. THESE BONUSES WERE AUTHORIZED BY THE HEAD OF SCHOOL, SCOTT REISINGER. A DASNY 146000293 000000000 2020-01-23 62460000 TREVOR DAY SCHOOL REVENUE BONDS SE false false false A 0 0 62460321 0 0 0 959626 0 0 0 61497802 2892 true false false true A false true true true false 0.00000 0.00800 0.00800 true false false false A false true true false true false 0 false false false 0 false true A false Part I (f): The bonds were issued to Current Refund the Series 2011 Bonds originally issued on 7/29/2011, to pay a swap termination fee and to pay costs of issuance. Part II, Line 11: Includes proceeds used to terminate the 2011 hedge. Part II, Line 13: This does not apply as the entire issue was a refunding and there were no new money projects financed. Part III, Line 7: As provided in Treasury Regulation Section 1.141-4(c)(2)(i)(B), the amount of private payments taken into account under the private payment test may not exceed the amount of private business use and/or unrelated trade or business use. Accordingly, the amount of private payments for the reporting period does not exceed the amount stated in Part III, Line 6. The organization has not undertaken an analysis of the private security test with respect to the bonds, as the level of use and/or unrelated trade or business reported in Part III, Line 6, is not in excess of amounts permitted under Section 145 of the Code. Part IV, Line 2(b): The refunding portion of Bonds has met the 6-month expenditure exception to rebate. Part V: Trevor Day School has written policies and procedures in place which were adopted in September 2021 after the close of the period reported on this form. FORM 990, PART III, LINE 2 DUE TO THE COVID19 PANDEMIC THE SCHOOL OFFERED ONLINE CLASSES, AND A HYBRID LEARNING PLATFORM COMBINING ONLINE AND IN PERSON ATTENDANCE FORM 990, PART III, LINE 3 DUE TO THE COVID-19 PANDEMIC OUTBREAK, IN MARCH 2020 THE SCHOOL INTRODUCED AND IMPLEMENTED A HYBRID METHOD OF TEACHING. THE STUDENTS WERE OFFERED A COMBINATION OF ONLINE AND IN-PERSON CLASSES FROM MARCH TO JUNE 2020. THIS PRACTICE CONTINUED AND IS STILL IN PLACE FOR ACADEMIC YEAR 2020-2021. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD WITH THE EXCEPTION OF SCHEDULE B, IN CONFORMITY WITH THE BOARD'S DESIRE TO MAINTAIN THE CONFIDENTIALITY OF THE INFORMATION CONTAINED THEREIN. THE FULL BOARD IS GIVEN THE OPTION OF RECEIVING THIS INFORMATION, UPON THEIR REQUEST. EACH TRUSTEE REVIEWS A DRAFT OF THE 990. IF A TRUSTEE HAS ANY COMMENTS, THEY ARE REVIEWED AND ACTED ON PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF POTENTIAL OR ACTUAL CONFLICT: THE COMMITTEE OF TRUSTEES SHALL REVIEW INITIALLY AND ANNUALLY ALL TRANSACTIONS THAT MAY ARISE OR DO EXIST BETWEEN THE SCHOOL AND INDIVIDUALS WITH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO OFFICER OF THE SCHOOL OR MEMBER OF THE BOARD OF TRUSTEES WHO HAS SUCH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL PARTICIPATE IN THE COMMITTEE'S REVIEW OF ANY SUCH TRANSACTION. THE COMMITTEE ON TRUSTEES SHALL TRANSMIT ITS RECOMMENDATIONS CONCERNING THE APPROPRIATENESS OF ANY SUCH TRANSACTIONS TO THE FULL BOARD OF TRUSTEES, WHICH SHALL DETERMINE WHETHER OR NOT TO PROCEED WITH SUCH TRANSACTIONS. DISCLOSURE UPON ADOPTION OF THIS CONFLICT OF INTEREST POLICY, ALL OFFICERS AND TRUSTEES SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FURTHER PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. SUBSEQUENTLY ELECTED TRUSTEES AND OFFICERS SUBSEQUENTLY APPOINTED SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FIRST PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. DISCLOSURE FORMS SHALL BE UPDATED ANNUALLY, OR SOONER, IF CHANGED CIRCUMSTANCES REQUIRE DISCLOSURE. IN ADDITION, PERSONS SUBJECT TO THIS POLICY ARE EXPECTED TO UPDATE THE DISCLOSURE FORM AT ANY TIME DURING THE YEAR THAT THE INFORMATION REQUESTED ON THE FORM CHANGES. DISCLOSURES SHOULD BE SUBMITTED TO THE CHAIR, COMMITTEE OF TRUSTEES, WHO WILL BE THE CONFLICT OF INTEREST OFFICER, AND WILL ADMINISTER THIS POLICY. ACTUAL OR POTENTIAL CONFLICTS OF A MATERIAL NATURE SHALL BE REPORTED TO THE BUSINESS 0FFICE OF THE SCHOOL. THE CHAIR OF THE COMMITTEE OF TRUSTEES IS CHARGED WITH ADMINISTERING ANY CONFLICTS OF INTEREST WHICH ARISE FROM THE BOARD FILLING OUT THE DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE HEAD OF SCHOOL IS BASED ON A FOUR YEAR EMPLOYMENT CONTRACT, EFFECTIVE JULY 2020, AND RUNNING THROUGH JUNE 30, 2024. THE SALARY IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD, SUBJECT TO FULL BOARD APPROVAL, AFTER RESEARCHING COMPARATIVE DATA OF HEADS OF SCHOOLS. COMPENSATION IS PREPARED BY INDUSTRY ASSOCIATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE SALARY OF THE HEAD IS FURTHER REVIEWED FORMALLY, ON A YEAR TO YEAR BASIS, ON THE BASIS OF THE BOARD'S EXPECTATIONS AND OVERALL PERFORMANCE OF THE HEAD. FORM 990, PART VI, SECTION B, LINE 15B THE HEAD OF SCHOOL, CHAIR OF THE BOARD, AND CFO REVIEW AND APPROVE THE COMPENSATION OF THE KEY EMPLOYEES IN A CASE BY CASE FASHION. COMPENSATION OF ALL OTHER OFFICERS IS DETERMINED BY THE BOARD BASED ON COMPARATIVE DATA FOR THE SAME POSITION WITHIN SIMILAR ORGANIZATIONS. DATA FROM THE NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS (NYSAIS) AND THE SERVICES OF EXECUTIVE COMPENSATION CONCEPTS LTD ARE USED. THE FISCAL YEAR 2021 SALARY WAS APPROVED AT THE BEGINNING OF THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 TREVOR DAY SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.