2022-04-20T14:55:37-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-07-01 135562983 THE CITY AND COUNTRY SCHOOL INC CITY 2122427802 146 WEST 13TH STREET NEW YORK NY 10011 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 2122427802 2022-04-20 1 MINDY SCHEFEN 999009999 EVA MRUK P00543254 9143818900 2022-04-20 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MINDY N SCHEFEN 146 WEST 13TH STREET NEW YORK NY 10011 22482822 0 X WWW.CITYANDCOUNTRY.ORG X 1914 NY TO PROVIDE FOR THE EDUCATIONAL NEEDS OF CHILDREN FROM NURSERY THROUGH EIGHTH GRADE. 21 15 167 131 0 0 1757637 5555202 17372355 16291546 186006 403885 32767 56868 19348765 22307501 2333662 3890357 0 0 12068747 13606593 9749 6000 481171 3838351 4684179 18250509 22187129 1098256 120372 49418358 54176902 17411228 19981839 32007130 34195063 SEE SCHEDULE O. 0 0 17926629 3890357 16291546 CITY AND COUNTRY SCHOOL IS AN INDEPENDENT SCHOOL LOCATED IN NEW YORK CITY. THE SCHOOL PROVIDES FOR THE EDUCATIONAL NEEDS FOR CHILDREN AGES 2-13. BELIEVING THAT EDUCATION IS FUNDAMENTALLY A SOCIAL PROCESS, WE STRIVE TO CREATE A VITAL SCHOOL COMMUNITY THAT SUPPORTS EACH CHILD'S INNATE PASSION FOR LEARNING WHILE ALSO EXPANDING HIS OR HER UNDERSTANDING OF COMMUNITIES AND CULTURES THAT EXIST BEYOND SCHOOL AND HOME. THE SCHOOL PROVIDED SERVICES TO 323 STUDENTS IN THE 2020 - 2021 SCHOOL YEAR. 17926629 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 36 0 167 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MINDY N SCHEFEN 2125065944 146 WEST 13TH STREET NEW YORK NY 10011 SCOTT MORAN PRINCIPAL 40.00 X X 509338 0 75243 GEE ROLDEN TEACHER TRUSTEE 40.00 X 111688 0 23442 RUTH CATALDO TEACHER TRUSTEE 40.00 X 93213 0 20208 JOHN KOLZ CHAIR 7.00 X X 0 0 0 JOSH CENDER TREASURER 7.00 X X 0 0 0 KATE BOSTOCK SECRETARY 7.00 X X 0 0 0 ALFRED BLITZER TRUSTEE 1.00 X 0 0 0 AZ JENKINS TRUSTEE 1.00 X 0 0 0 BARRY MUNGER TRUSTEE 7.00 X 0 0 0 COURTNEY SMITH TRUSTEE 1.00 X 0 0 0 CRYSTAL WALD TRUSTEE 1.00 X 0 0 0 D EDWARD MARTIN TRUSTEE 1.00 X 0 0 0 JENNIFER SAGE TRUSTEE 7.00 X 0 0 0 LAKSHMAN ACHUTHAN TRUSTEE 1.00 X 0 0 0 LEAH MODIGLIANI TRUSTEE 1.00 X 0 0 0 MELISSA BEYER TRUSTEE 1.00 X 0 0 0 MITAL PATEL TRUSTEE, THRU 01/2021 1.00 X 0 0 0 NAMITA TOLIA TRUSTEE 1.00 X 0 0 0 PAUL SALMON TRUSTEE 1.00 X 0 0 0 SHEELAH FEINBERG TRUSTEE 1.00 X 0 0 0 TODD TRILLER TRUSTEE 1.00 X 0 0 0 VERONICA SAVAGE TRUSTEE 1.00 X 0 0 0 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 40.00 X 261436 0 24987 KAREN BRANDT DIRECTOR OF UPPER SCHOOL 40.00 X 152328 0 29410 PENNY ARNOLD DIRECTOR OF DEVELOPMENT 40.00 X 167715 0 27186 ELISE BAUER DIRECTOR OF ADMISSIONS 40.00 X 160427 0 29831 REEM ABU-AMARA DIRECTOR OF TECHNOLOGY 40.00 X 158260 0 27786 GIRISH THADHANI CONTROLLER 40.00 X 161871 0 18619 1776276 0 276712 25 0 1 0 PAWLEY INTERIOR CONTRACTING INC 336 EAST 94TH ST NEW YORK NY 10128 CONSTRUCTION SERVICES 373838 CATER TO YOU 665 BROADWAY SUITE 503 NEW YORK NY 10012 KITCHEN SERVICES 163744 INTEGRATED SECURITY SERVICES INC PO BOX 780865 PHILADELPHIA PA 191780865 SECURITY SERVICES 117816 3 2712635 2842567 155290 5555202 TUITION AND FEES 611110 15975186 15975186 MANDATED SERVICES 611110 209867 209867 AUXILIARY SERVICES 611110 92160 92160 APPLICATION FEES 611110 10200 10200 OTHER PROGRAM FEES 611110 4133 4133 16291546 205078 205078 302 302 373795 174988 198807 198807 198807 24 333 -309 -309 INSURANCE REBATES 900099 49627 49627 OTHER INCOME 900099 6662 6662 IRS REFUND 900099 586 586 56875 22307501 16291546 0 460753 3890357 3890357 1101671 342483 702916 56272 9849567 7729592 1822031 297944 516181 407766 87397 21018 1305623 1038680 231275 35668 833551 584525 226302 22724 104495 104495 52535 52535 6000 6000 941553 771355 168248 1950 62447 62447 605534 534331 39002 32201 351163 205124 145843 196 1013169 998690 12158 2321 12617 11516 973 128 30466 24252 6035 179 1055225 1027578 23215 4432 77656 12385 65271 INSTRUCTIONAL & AUXILIA 271340 271340 LUNCH & SNACKS EXPENSE 76265 76265 MISCELLANEOUS EXPENSE 20220 390 19692 138 ANNUAL BOND ISSUER FEE 9494 9494 22187129 17926629 3779329 481171 3308037 4957061 11394917 11253741 395969 963938 158663 131958 36224866 12523087 23730131 23701779 10360621 13086128 70020 82297 49418358 54176902 614272 487004 2444497 5871179 12260959 11665856 2091500 1957800 17411228 19981839 X 25097336 27112364 6909794 7082699 32007130 34195063 49418358 54176902 120372 2067561 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8930788 36919 2468605 30000 11406312 8319003 316360 325425 30000 8930788 7538749 326500 486744 30000 2990 8319003 6682575 278320 577854 7538749 5161473 844135 676967 6682575 0.38141 0.57589 0.04270 0 0 5152000 5152000 28887471 10913553 17973918 161677 47070 114607 2023718 1562464 461254 23701779 PAYCHECK PROTECTION PROGRAM LOAN 1957800 1957800 X 20525203 2067561 333 2067894 18457309 3850192 3850192 22307501 18337270 333 333 18336937 3850192 3850192 22187129 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF FOUR ENDOWMENT FUNDS WHOSE ASSETS ARE TO BE HELD IN PERPETUITY. THE INCOME FROM THE ASSETS CAN BE USED TO SUPPORT THE SCHOOL'S GENERAL ACTIVITIES. PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B 333. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID EXPENSES TO PART IX, LINE 2 3,850,192. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B 333. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF FINANCIAL AID EXPENSES TO PART IX, LINE 2 3,850,192. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CITY AND COUNTRY SCHOOL ASSUMES AN ONGOING RESPONSIBILITY TO REFLECT THE DIVERSITY INHERENT IN OUR CITY. WITH FAMILY AS THE PRIMARY SOURCE OF TRADITIONS AND VALUES, TEACHERS HELP CHILDREN APPRECIATE THEIR PERSONAL BACKGROUNDS AND IDENTITIES, WHILE ACCEPTING AND APPRECIATING THOSE OF OTHERS. THE SCHOOL IS PART OF THE INDEPENDENT SCHOOL ADMISSION ASSOCIATION OF GREATER NEW YORK (ISAAGNY). ISSAGNY PLACES A NON-DISCRIMINATION POLICY AD IN THE NEW YORK TIMES EACH YEAR ON BEHALF OF ALL ITS MEMBERS. THE SCHOOL'S NON-DISCRIMINATION POLICY CAN ALSO BE FOUND IN THE ADMISSIONS SECTION OF ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED REIMBURSEMENTS FROM THE NYS EDUCATION DEPARTMENT FOR SAFETY EQUIPMENT AND FOR STATE MANDATES MET IN THE PRIOR SCHOOL YEAR. THE SCHOOL RECEIVED REIMBURSEMENT FROM THE UNIVERSAL SERVICE ADMINISTRATIVE CO. (USAC) UNDER THE DIRECTION OF THE FEDERAL COMMUNICATIONS COMMISSION (FCC) FOR HIGH SPEED INTERNET ACCESS THROUGH THE E-RATE PROGRAM. THE SCHOOL WAS FORGIVEN FOR ITS FIRST PAYCHECK PROTECTION PROGRAM LOAN AND RECEIVED A SECOND PAYCHECK PROTECTION PROGRAM LOAN FROM THE U.S. SMALL BUSINESS ADMINISTRATION. THE SCHOOL RECORDED REVENUE RELATED TO THE EMPLOYEE RETENTION TAX CREDIT WHICH WAS ESTABLISHED AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (THE "CARES" ACT). 1 FINANCIAL AID FOR STUDENTS 93 3055652 NON-TUITION FINANCIAL AID FOR STUDENTS 7 27050 DISASTER RELIEF - EMPLOYEE PANDEMIC HARDSHIP GRANT 8 13115 DISASTER RELIEF - TUITION DISCOUNT 322 794540 PART I, LINE 2: CITY AND COUNTRY SCHOOL AWARDS FINANCIAL AID TO STUDENTS BASED ON NEED. THE FINANCIAL AID IS A REDUCTION OF THE TUITION CHARGE OR AUXILIARY PROGRAM FEES DURING THE ACADEMIC YEAR. FAMILIES APPLYING FOR FINANCIAL AID SUBMIT AN APPLICATION VIA SSS (SCHOOL AND STUDENT SERVICES) BY NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS). SSS PERFORMS AN ANALYSIS OF INCOME, ASSETS, AND LIABILITIES IN AN EFFORT TO DETERMINE AN ESTIMATED AMOUNT THAT THEY BELIEVE THE FAMILY CAN AFFORD TO PAY FOR AN INDEPENDENT EDUCATION. THIS DATA IS COMPILED AND REVIEWED BY THE FINANCIAL AID COMMITTEE ALONG WITH SUPPORTING DOCUMENTATION TO DETERMINE THE AMOUNT OF FINANCIAL AID. X 0 0 X X X X 0 0 0 0 0 0 0 1 0 SCOTT MORAN PRINCIPAL 328651 0 0 0 180687 0 28500 0 46743 0 584581 0 0 0 MINDY N SCHEFEN DIRECTOR OF FINANCE & OPERATIONS 217321 0 12000 0 32115 0 11934 0 13053 0 286423 0 0 0 PENNY ARNOLD DIRECTOR OF DEVELOPMENT 166924 0 0 0 791 0 13578 0 13608 0 194901 0 0 0 ELISE BAUER DIRECTOR OF ADMISSIONS 156395 0 1500 0 2532 0 15912 0 13919 0 190258 0 0 0 REEM ABU-AMARA DIRECTOR OF TECHNOLOGY 150650 0 3500 0 4110 0 15250 0 12536 0 186046 0 0 0 KAREN BRANDT DIRECTOR OF UPPER SCHOOL 140650 0 7300 0 4378 0 7446 0 21964 0 181738 0 0 0 GIRISH THADHANI CONTROLLER 147420 0 6077 0 8374 0 7425 0 11194 0 180490 0 0 0 PART I, LINE 1A THE PRINCIPAL OF THE ORGANIZATION, SCOTT MORAN, RECEIVES A TAXABLE HOUSING ALLOWANCE OF $50,000. PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED A DISCRETIONARY BONUS DURING THE YEAR REPORTED IN THEIR 2020 W-2: MINDY SCHEFEN, $12,000 GIRISH THADHANI, $6,077 ELISE BAUER, $1,500 REEM ABU-AMARA, $3,500 KAREN BRANDT, $7,300 A INDUSTRIAL DEVELOPMENT AUTHORITY OF PHOENIX ARIZONA 522038405 2020-04-01 13134852 REFI ACQUISITION, CONSTRUCTION, IMPROVEMENT & EQUIPPING FACILITIES 2003 0 0 0 A 1207505 13134852 13134852 2003 1 0 1 1 A 0 0 0 0 0 0 0 0 0 A 0 72375 FINANCIAL AID TUITION DISCOUNT X 54508 COST X 12 77969 AVG SELLING PRICE X 1 20000 COST X PRINTING PHOTOS 1 2612 COST X PICTURE FRAME 1 201 COST 1 0 0 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN B, REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 1 TO CREATE A VITAL SCHOOL COMMUNITY THAT SUPPORTS EACH CHILD'S INNATE PASSION FOR LEARNING WHILE ALSO EXPANDING HIS OR HER UNDERSTANDING OF COMMUNITIES AND CULTURES THAT EXIST BEYOND SCHOOL AND HOME; BY POSTING QUESTIONS THAT ELICIT IMAGINATIVE THINKING, PROBLEM-SOLVING AND DECISION-MAKING IN PURSUIT OF A DEEPER PERSPECTIVE, AND IN THE PARTNERSHIP OF LEARNING AMONG CHILDREN AND TEACHERS, TO LIVE COMMUNITY THROUGH PURPOSEFUL EXPERIENCES THAT FOSTER RESPONSIBILITY, COOPERATION, ACTIVE PARTICIPATION, CARE, AND RESPECT QUALITIES NECESSARY TO THE LIFE OF A DEMOCRATIC SOCIETY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE AUDIT AND RISK COMMITTEE. AFTER APPROVAL FROM THE AUDIT AND RISK COMMITTEE, A COPY OF THE RETURN IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING, HOWEVER SCHEDULE B IS REDACTED TO PROTECT DONOR PRIVACY. ANY REQUIRED EDITS WERE COMMUNICATED TO MANAGEMENT AND REFLECTED IN THE FINAL RETURN FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, COMMITTEE MEMBERS, AND SENIOR STAFF ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. A TRUSTEE OR COMMITTEE MEMBER HAVING INTEREST IN A CONTRACT OR OTHER TRANSACTION COMING BEFORE THE BOARD FOR AUTHORIZATION, APPROVAL, CONSIDERATION OR RATIFICATION SHALL GIVE PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. UPON SUCH DISCLOSURE, IT SHALL BE PRESENTED TO THE BOARD. THE BOARD SHALL DETERMINE, AT SUCH TIME AS THE DISCLOSURE IS MADE TO THAT BODY, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR COULD REASONABLY BE CONSTRUED TO EXIST. IT SHALL BE THE RESPONSIBILITY OF THE PRESIDENT OF THE CORPORATION AND DIRECTOR OF FINANCE TO MAKE APPROPRIATE INQUIRY CONCERNING ANY SUBSTANTIAL FINANCIAL INTEREST. SUCH TRUSTEE OR COMMITTEE MEMBER MAY NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING WHEREIN THE CONTRACT OR TRANSACTION IS UNDER DISCUSSION OR IS BEING ACTED UPON. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL COMPENSATION IS DETERMINED ANNUALLY BASED ON A BOARD REVIEW PROCESS LED BY THE BOARD CHAIR, WITH CONSULTATION FROM THE EXECUTIVE COMMITTEE (WHICH INCLUDES THE HEAD OF THE COMMITTEE ON TRUSTEES, AS SPECIFIED IN C&C'S BYLAWS). HISTORICALLY THE PROCESS WAS MORE SUBJECTIVE AND LED BY COMPENSATION COMMITTEE OF THE BOARD. THAT COMMITTEE AND PROCESS WAS DEEMED TO BE TOO NARROW, AND THE PROCESS GOING FORWARD IS INTENDED TO BE MORE RIGOROUS. COMPENSATION WILL BE BASED ON A FORMAL, ANNUAL GOAL-SETTING AND REVIEW PROCESS. THE SCHOOL USES COMPARATIVE DATA TO HELP ENSURE THAT COMPENSATION REMAINS FAIR AND COMPETITIVE. THE HEAD OF SCHOOL'S COMPENSATION IS DOCUMENTED IS HIS EMPLOYEE CONTRACT. THE SCHOOL'S PRINCIPAL APPROVES ALL OTHER COMPENSATION, SUBJECT TO THE REVIEW AND APPROVAL OF THE BOARD WHEN THE ANNUAL OVERALL INCREASES ARE FIXED. THE PRINCIPAL OF THE SCHOOL UTILIZES SURVEY DATA AND TAKES INTO ACCOUNT LENGTH OF SERVICE AND PERFORMANCE WHEN SETTING COMPENSATION. THE COMPENSATION PROCESS OCCURS ANNUALLY. THIS PROCESS WAS LAST COMPLETE IN JUNE OF 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 146 WEST 13TH STREET, NEW YORK, NY 10011 OR BY CALLING THE ORGANIZATION DIRECTLY AT 212-242-7802. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.