2022-05-11T12:54:10-05:00 2021-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2020-07-01 520258140 THE BRYN MAWR SCHOOL FOR GIRLS OF BALTIMORE CITY INC BRYN 4103238800 109 W MELROSE AVE BALTIMORE MD 21210 SHARON WOLFORD ASST. HEAD OF SCHOOL 4103238800 2022-05-10 1 SHARON WOLFORD 999009999 JULIA FLANNERY CPA P00928918 4102469300 2022-05-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MONICA TUCKER 109 W MELROSE AVE BALTIMORE MD 21210 33238999 0 X WWW.BRYNMAWRSCHOOL.ORG X 1885 MD THE BRYN MAWR SCHOOL INSPIRES A PASSION FOR INTELLECTUAL CURIOSITY, EMPHASIZES THE DELIGHTS AND DEMANDS OF LEARNING, AND NURTURES THE FULL POTENTIAL OF OUR YOUNG WOMEN IN MIND, BODY, AND SPIRIT. TO PREPARE OUR STUDENTS FOR LIFELONG LEARNING AND LEADERSHIP, WE ARE DEEPLY COMMITTED TO ACADEMIC EXCELLENCE, ETHICAL DECISION-MAKING, AND THE DIGNITY OF ALL PEOPLE. A BRYN MAWR EDUCATION IS GROUNDED IN THE EXPECTATION THAT YOUNG WOMEN WILL BE RESILIENT IN THE FACE OF COMPLEXITY, AMBIGUITY, AND CHANGE; WILL BECOME RESPONSIBLE AND CONFIDENT PARTICIPANTS IN THE WORLD; AND WILL LEAD CONSIDERED AND CONSEQUENTIAL LIVES. 29 29 391 550 0 0 2812037 5643902 25370346 25507463 388737 1660964 5845 165785 28576965 32978114 5882233 6639820 0 0 16561833 17103269 47411 103282 1082860 6965058 7492488 29456535 31338859 -879570 1639255 94932732 103242139 38062651 35650555 56870081 67591584 X THE BRYN MAWR SCHOOL INSPIRES A PASSION FOR INTELLECTUAL CURIOSITY, EMPHASIZES THE DELIGHTS AND DEMANDS OF LEARNING, AND NURTURES THE FULL POTENTIAL OF OUR YOUNG WOMEN IN MIND, BODY, AND SPIRIT. TO PREPARE OUR STUDENTS FOR LIFELONG LEARNING AND LEADERSHIP, WE ARE DEEPLY COMMITTED TO ACADEMIC EXCELLENCE, ETHICAL DECISION-MAKING, AND THE DIGNITY OF ALL PEOPLE. A BRYN MAWR EDUCATION IS GROUNDED IN THE EXPECTATION THAT YOUNG WOMEN WILL BE RESILIENT IN THE FACE OF COMPLEXITY, AMBIGUITY, AND CHANGE; WILL BECOME RESPONSIBLE AND CONFIDENT PARTICIPANTS IN THE WORLD; AND WILL LEAD CONSIDERED AND CONSEQUENTIAL LIVES. 0 0 26912203 6639820 25247522 THE BRYN MAWR SCHOOL IS AN INDEPENDENT ALL-GIRLS SCHOOL FOR GRADES K-12 WITH A CO-ED PRESCHOOL. 696 STUDENTS ATTENDED THE SCHOOL DURING THE YEAR. 26912203 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 66 0 1 391 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X SHARON V WOLFORD 4103238800 109 W MELROSE AVE BALTIMORE MD 21210 MONICA TUCKER CHAIR 1.00 X X 0 0 0 JOYCE A KUHNS VICE CHAIR 1.00 X X 0 0 0 GEOFFREY RB CAREY TREASURER 1.00 X X 0 0 0 ANNE SAPIR DEMUTH SECRETARY 1.00 X X 0 0 0 CYNTHIA AMITIN TRUSTEE 1.00 X 0 0 0 HOWARD COLHOUN TRUSTEE 1.00 X 0 0 0 CHRISTINE CROSS TRUSTEE 1.00 X 0 0 0 MARY HUNDLEY DEKUYPER TRUSTEE 1.00 X 0 0 0 ELLEN SMITH DEW TRUSTEE 1.00 X 0 0 0 CRISTINA JACOBS EASTON TRUSTEE 1.00 X 0 0 0 HADLEY HUBBARD FEISS TRUSTEE 1.00 X 0 0 0 JENNIE LEE WILLIAMS FOWLKES TRUSTEE 1.00 X 0 0 0 HELENE GRADY TRUSTEE 1.00 X 0 0 0 LEXIE BOZZUTO GREENE TRUSTEE 1.00 X 0 0 0 SHERITA HARRISON TRUSTEE 1.00 X 0 0 0 REBECCA D HENRY TRUSTEE 1.00 X 0 0 0 JOY NAPIER-JOYCE TRUSTEE 1.00 X 0 0 0 HARPAL KHANUJA TRUSTEE 1.00 X 0 0 0 MELANIE LENNON TRUSTEE 1.00 X 0 0 0 EMILY PREVAS TRUSTEE 1.00 X 0 0 0 PETER RUBIN TRUSTEE 1.00 X 0 0 0 GEORGIE SMITH TRUSTEE 1.00 X 0 0 0 SHERYL STEPHENSON TRUSTEE 1.00 X 0 0 0 KATHERINE MARTIEN SULLIVAN TRUSTEE 1.00 X 0 0 0 MARK WEIGMAN TRUSTEE 1.00 X 0 0 0 BETSY STROBEL WILGIS TRUSTEE 1.00 X 0 0 0 TED WINSTEAD TRUSTEE 1.00 X 0 0 0 RHONDA SMITH WRIGHT TRUSTEE 1.00 X 0 0 0 JENNIFER SHEFF YEAGLE TRUSTEE 1.00 X 0 0 0 SUSAN SADLER HEAD OF SCHOOL 40.00 X 292889 0 80386 SHARON WOLFORD ASST. HEAD: FIN/ADM. 40.00 X 243625 0 16026 NICOLE HOOD US DIRECTOR 40.00 X 147216 0 18503 ELAINE SWYRYN ASSOC. HEAD OF SCHOOL 40.00 X 155300 0 9318 JUSTIN CURTIS DIR. OF TECHNOLOGY 40.00 X 151750 0 15539 AMANDA MACOMBER MIDDLE SCHOOL HEAD 40.00 X 138002 0 24175 KIMBERLE MORTON SR DIR OF DEVELOPMENT 40.00 X 167500 0 10050 1296282 0 173997 20 0 1 0 WHITING TURNER CONTRACTING COMPANY PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION 500986 HEALTHCARE SERVICES GROUP INC PO BOX 829677 PHILADELPHIA PA 19182 HOUSEKEEPING 159270 2 3098819 2545083 122038 5643902 TUITION AND FEES 611600 24943053 24943053 CAFETERIA 722210 259941 259941 SUMMER PROGRAM 611710 173045 173045 SPECIAL ACTIVITIES 611710 131424 131424 25507463 814171 814171 17253 0 17253 17253 17253 992440 145647 846793 846793 846793 86530 115238 -28708 -28708 MISC. INCOME 900099 177240 177240 177240 32978114 25247522 0 2086690 6639820 6639820 654616 519136 106187 29293 13251132 10487984 2215092 548056 670832 537560 91162 42110 1520952 1218789 206688 95475 1005737 805930 136674 63133 191262 144866 37416 8980 117007 88623 22890 5494 103282 103282 299067 237679 61388 1809921 1611711 99622 98588 544260 501907 33354 8999 72411 72411 311882 287612 19113 5157 1616919 1491092 99091 26736 333616 307652 20448 5516 REPAIRS & MAINTENANCE 1639046 1511497 100447 27102 557097 447934 94224 14939 31338859 26912203 3343796 1082860 1200 1200 5715170 4461464 2616055 1960647 328363 402669 2600 75292 76461 441147 528060 59033768 27092275 32993533 31941493 15419208 11188737 19259074 33363720 18081090 19317688 94932732 103242139 1475270 1531962 18198652 20135777 11410824 10954393 3000000 2482687 3977905 545736 38062651 35650555 X 20027003 22675750 36843078 44915834 56870081 67591584 94932732 103242139 X 1639255 8793604 288644 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35667390 751900 9874249 1577440 64740 44651359 36746241 667181 686647 2380066 52613 35667390 35830376 925267 1765170 1743038 31534 36746241 34451990 515089 2680671 1778829 38545 35830376 30812503 443202 4141176 886783 58108 34451990 0.03880 0.96120 0 0 323752 323752 1236000 43766735 20630896 24371839 8007415 3774559 4232856 5699866 2686820 3013046 31941493 BENEFICIAL INTEREST IN TRUST 2159333 F INVESTMENTS IN REAL ESTATE FUND 1305734 F VANGUARD 500 13950882 F VANGUARD TOTAL INTL STK 10479065 F INVESTMENTS IN PRIVATE EQUITY 100000 F VANGUARD SHORT TERM CORP BD 5368706 F 33363720 INVESTMENT IN AFFILIATE 506413 ASSETS RESTRICTED FOR LONG-TERM INVESTMENT 1984926 CONTRACT ASSET 16826349 19317688 FAIR VALUE OF INTEREST RATE SWAP 545736 545736 X 35535780 8793604 403882 9197486 26338294 6639820 6639820 32978114 24814277 115238 115238 24699039 6639820 6639820 31338859 PART V, LINE 4: THE FUND'S INVESTMENT OBJECTIVE IS TO PRESERVE ITS PURCHASING POWER, WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE PROGRAMS OF THE SCHOOL. PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND HAS CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 115,238. INCREASE IN FAIR VALUE OF INTEREST SWAP RATE 333,349. CHANGE IN FAIR MARKET VALUE OF HARDER TRUST -44,705. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 6,639,820. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 115,238. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 6,639,820. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENTS SCHEDULE E, PART I, LINE 4 THERE ARE NO RACIALLY DISCRIMINATING POLICIES AT THE SCHOOL. THUS NO RECORDS ARE KEPT. BRYN MAWR SCHOOL ADMITS QUALIFIED STUDENTS OF ANY RACE, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS TO ALL OF THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS, IN ADMINISTRATION OF ITS HIRING, EDUCATIONAL, AND ADMISSIONS POLICIES, AS WELL AS OF ITS SCHOLARSHIP, LOAN, ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. SCHEDULE E, PART I, LINE 6 ON APRIL 17, 2020, THE SCHOOL APPLIED FOR AND SUBSEQUENTLY RECEIVED $3,098,819 FROM THE PAYCHECK PROTECTION PROGRAM (PPP) AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. FUNDS FROM THE NOTE MAY ONLY BE USED FOR PAYROLL COSTS, INTEREST ON OTHER DEBT OBLIGATIONS, LEASES, AND UTILITIES. THE SCHOOL SUBMITTED THEIR FORGIVENESS APPLICATION IN 2021 AND RECEIVED APPROVAL AND SUBSEQUENT FORGIVENESS FROM THE SMALL BUSINESS ADMINISTRATION (SBA) AND LENDER, RESPECTIVELY, ON JUNE 8, 2021. THE SCHOOL DETERMINED THAT IT ADHERED TO THE REQUIREMENTS OF THE PPP. AS A RESULT, THE DEBT WAS FORGIVEN BY THE SBA AND RECOGNIZED AS REVENUE WITHOUT DONOR RESTRICTIONS ON THE STATEMENT OF ACTIVITIES AS OF JUNE 30, 2021. THE LOAN IS SUBJECT TO AUDIT BY THE SBA FOR A PERIOD OF SIX YEARS FOLLOWING FORGIVENESS. X X X X 1 GRENZEBACH GLIER & ASSOCIATES INC PO BOX 88277 DEPT A CHICAGO IL 60680 FUNDRAISING CONSULTANT 0 0 103282 -103282 103282 -103282 MD 1 FINANCIAL AID 353 6639820 0 PART I, LINE 2: THE GRANTS REDUCE THE STUDENT'S TUITION BILL. NO CASH IS GIVEN DIRECTLY TO THE STUDENT. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 SUSAN SADLER HEAD OF SCHOOL 292889 0 0 0 0 0 17325 0 63061 0 373275 0 0 0 SHARON WOLFORD ASST. HEAD: FIN/ADM. 243625 0 0 0 0 0 14694 0 1332 0 259651 0 0 0 KIMBERLE MORTON SR DIR OF DEVELOPMENT 167500 0 0 0 0 0 10050 0 0 0 177550 0 0 0 JUSTIN CURTIS DIR. OF TECHNOLOGY 151750 0 0 0 0 0 8934 0 6605 0 167289 0 0 0 NICOLE HOOD US DIRECTOR 147216 0 0 0 0 0 9009 0 9494 0 165719 0 0 0 ELAINE SWYRYN ASSOC. HEAD OF SCHOOL 155300 0 0 0 0 0 9318 0 0 0 164618 0 0 0 AMANDA MACOMBER MIDDLE SCHOOL HEAD 138002 0 0 0 0 0 8514 0 15661 0 162177 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES THESE NONTAXABLE BENEFITS. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2017-06-13 12045000 CURRENT REFUNDING AND NEW CAPITAL PROJECT FINANCING 0 0 0 A 900218 12045000 4000000 8045000 2019 1 0 1 1 A 0 0 1 1 0 0 0 0 A 0 1 0 0 1 1 SUNTRUST 14.989000000000 0 0 0 0 1 A 1 X 8 122038 FMV 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. MANAGEMENT, THE TREASURER OF THE BOARD OF TRUSTEES AND THE CHAIR OF THE BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE IT IS MADE AVAILABLE TO THE ENTIRE GOVERNING BODY AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL TRUSTEES AND OTHER INTERESTED PARTIES REVIEW A COPY OF THE SCHOOL'S CONFLICT OF INTEREST POLICY AND COMPLETE AN AFFIRMATION OF COMPLIANCE AND DISCLOSURE STATEMENT. A SUMMARY OF DISCLOSURES IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD TO DETERMINE THE EXISTENCE OF ANY CONFLICTS AND, IF SO, WHETHER OR NOT A CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTEREST OF THE SCHOOL. DECISIONS ARE REPORTED TO THE BOARD OF TRUSTEES. ALL PARTIES ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY CHANGE IN THE STATUS OF HIS/HER DISCLOSURE STATEMENT THROUGHOUT THE COURSE OF THE YEAR. ANY SITUATIONS THAT ARISE DURING THE COURSE OF THE YEAR ARE PROCESSED IN THE SAME MANNER AS DESCRIBED HEREIN. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS DETERMINED AND DOCUMENTED BY THE BOARD OF TRUSTEES AND THE COMPENSATION OF OTHER KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE HEAD OF SCHOOL. BOTH ARE EXAMINED BY THE BOARD OF TRUSTEES TO ASSURE THAT THE SCHOOL IS IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS, SPECIFICALLY THAT 1) COMPENSATION OF DISQUALIFIED PERSONS IS REASONABLE AS DETERMINED BY ASSURING THAT IT FALLS WITHIN THE RANGE OF COMPENSATION OF COMPARATIVE EMPLOYEES AT COMPARATIVE INSTITUTIONS; AND 2) SUCH COMPENSATION DOES NOT RESULT IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: INCREASE IN FAIR VALUE OF INTEREST RATE SWAP 333,349. CHANGE IN FAIR MARKET VALUE OF HARDER TRUST -44,705. ROLAND-NORTHERN BRIDGE COMPANY 5407 ROLAND AVENUE BALTIMORE MD 21210 300088452 BUILDING AND MAINTENANCE OF PEDESTRIAN BRIDGES MD 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0