2022-01-12T10:44:35-06:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-07-01 112611384 THE BERKELEY CARROLL SCHOOL BERK 7185346579 152 STERLING PLACE BROOKLYN NY 11217 LISA YVETTE WALLER PHD HEAD OF SCHOOL 7185346579 2022-01-10 1 LISA YVETTE WALLER PHD XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2022-01-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LISA YVETTE WALLER PHD 152 STERLING PLACE BROOKLYN NY 11217 51409079 0 X WWW.BERKELEYCARROLL.ORG X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. 24 24 392 25 0 0 2117875 2052232 48441469 48908615 420557 354368 -445446 -37640 50534455 51277575 8440123 8820917 0 0 27611860 28439984 0 0 1468929 10507705 11725861 46559688 48986762 3974767 2290813 85571746 91518081 45219919 45105747 40351827 46412334 X A PASSION FOR LEARNING IS AT THE HEART OF BERKELEY CARROLL. THE SCHOOL IS A CREATIVE AND INTELLECTUAL COMMUNITY WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. OUR DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE PREPARE OUR DIVERSE GRADUATES FOR SUCCESS IN COLLEGE AND FOR THE GREATER ENDEAVOR - A LIFE OF CRITICAL, ETHICAL, AND GLOBAL THINKING. 0 0 43465284 8820917 48774823 THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 975 STUDENTS IN THE FY 2020/2021. 169657 0 48087 THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASSES TO ITS STUDENTS AND THE COMMUNITY. 139397 0 85705 THE SCHOOL OFFERS TWO SUMMER PROGRAMS THAT RUN FROM JULY THROUGH AUGUST OF EACH YEAR. ENROLLMENT FOR BOTH PROGRAMS TOTALED 110 CHILDREN IN THE FY 2020/2021 YEAR. 43774338 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 0 0 0 0 1 0 0 0 0 0 0 0 0 1 118 0 392 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ARUNIE DIAS 7185346579 152 STERLING PLACE BROOKLYN NY 11217 CHARLES RUBLE IV CHAIR 20.00 X X 0 0 0 JULIE KAY CO-VICE CHAIR 10.00 X X 0 0 0 JAMES SHIPP CO-VICE CHAIR 10.00 X X 0 0 0 SUSAN MARCINEK SECRETARY 10.00 X X 0 0 0 PRASHANT MUPPARAPU TREASURER 3.00 X X 0 0 0 ANTHONY CORNICELLO TRUSTEE 3.00 X 0 0 0 DENISE GAMBLE TRUSTEE 3.00 X 0 0 0 KATYA JESTIN TRUSTEE 3.00 X 0 0 0 SARADA KRISHNAMURTHY TRUSTEE 3.00 X 0 0 0 VIRGINIA FREIRE TRUSTEE 3.00 X 0 0 0 ERIC EVE TRUSTEE 3.00 X 0 0 0 LIISA FIEDELHOLTZ TRUSTEE 3.00 X 0 0 0 JAMES MORGANO TRUSTEE 3.00 X 0 0 0 CHRISSY BEVERAGE TRUSTEE 3.00 X 0 0 0 ROBERT DUNPHY TRUSTEE 3.00 X 0 0 0 JULIE KWON TRUSTEE 3.00 X 0 0 0 TINA NOVOGRATZ TRUSTEE 3.00 X 0 0 0 COLBY SYNESAEL TRUSTEE 3.00 X 0 0 0 ALEXA ROBINSON TRUSTEE 3.00 X 0 0 0 AARON NAPARSTEK TRUSTEE 3.00 X 0 0 0 LILIAN CHEGE TRUSTEE 3.00 X 0 0 0 BILL CALEO TRUSTEE 3.00 X 0 0 0 ANDREW FABENS TRUSTEE 3.00 X 0 0 0 MORAD MASJEDI TRUSTEE 3.00 X 0 0 0 LISA WALLER HEAD OF SCHOOL 60.00 X 639719 0 123364 ARUNIE DIAS CHIEF FINANCIAL OFFICER 60.00 X 262749 0 32272 JANE MOORE DIRECTOR OF UPPER SCHOOL 50.00 X 226172 0 32937 BRANDON CLARKE ASSISTANT HEAD OF SCHOOL 50.00 X 231635 0 29258 AMANDA PIKE DIRECTOR OF LOWER SCHOOL 40.00 X 199471 0 21781 LINDA ADAMS DIR. OF STRATEGIC COMMUNICATION 40.00 X 189026 0 23683 ANNE FENTON DIR. OF CAMPUS OPERATION 40.00 X 172229 0 36771 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 40.00 X 176393 0 23685 ANNE GUNNING CHAIR OF PHYSICAL EDUCATION 40.00 X 157332 0 18868 VANESSA PRESCOTT DIRECTOR OF ADMISSIONS 40.00 X 150610 0 25711 BRANDIE MELENDEZ-PINTI DIR. OF DIVERSITY AND INCLUSION 40.00 X 178417 0 42399 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 40.00 X 180907 0 22090 PAMELA CUNNINGHAM DIRECTOR OF DEVELOPMENT 40.00 X 157876 0 27110 2922536 0 459929 44 0 1 0 ARJ TRANSPORTATION 431 N COURTLAND STREET EAST STROUDSBURG PA 18301 BUS SERVICE 721832 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 233877 UNIFIED AIR INDUSTRIES CORP 1250 SOUTH AVENUE PLAINFIELD NJ 07062 CONSTRUCTION CONTRACTOR 152495 LASI SECURITY COMPANY INC 822 UTICA AVENUE STE 2F BROOKLYN NY 11203 SECURITY SERVICES 120912 INDEPENDENT FOCUS 565 HIDDEN BOULEVARD MOUNT PLEASANT SC 29464 CONSULTING SERVICES 106800 6 522835 1529397 297358 2052232 STUDENT TUITION AND FEES 611110 48136224 48136224 FEES/FINANCE CHARGES 611110 589453 589453 AUXILIARY SERVICES 611110 182938 182938 48908615 354368 354368 28533 131504 -102971 -102971 -102971 MISCELLANEOUS INCOME 900099 34768 34768 TAX REFUND 900099 30563 30563 65331 51277575 48908615 0 316728 8820917 8820917 2366936 2178895 102419 85622 21456821 19752193 928449 776179 1104456 986374 61810 56272 1853374 1707231 68821 77322 1658397 1531071 64056 63270 137187 94464 42723 69250 6925 58862 3463 420807 159226 251691 9890 591515 510158 46026 35331 907793 768975 98367 40451 613529 523910 71695 17924 1089006 1088404 120 482 1045795 771484 219450 54861 2900203 2163811 589114 147278 375976 281981 75195 18800 INSTITUTIONAL EXPENSES 1712183 1712183 REPAIR AND MAINTENANCE 1503284 507658 962946 32680 PROFESSIONAL DEVELOPMEN 145840 142556 2565 719 SCHOOLWIDE EVENTS 107198 22243 49136 35819 106295 43679 50050 12566 48986762 43774338 3743495 1468929 1698611 3394482 15461067 13162764 417377 339299 662762 132986 537739 595966 82055931 29949312 54513372 52106619 12267978 21767742 12840 18223 85571746 91518081 3248274 3224445 7718758 8653488 21927183 26080241 10213727 1945885 2111977 5201688 45219919 45105747 X 32790582 37370412 7561245 9041922 40351827 46412334 85571746 91518081 X 2290813 3217585 552109 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12355503 322302 3575961 213156 16040610 11137780 813562 605960 201799 12355503 9990447 623639 711356 187662 11137780 9056435 328262 774405 168655 9990447 6800148 1475276 997647 216636 9056435 0.47000 0.27920 0.25080 0 0 2826000 2826000 73211776 26606746 46605030 5815504 3342566 2472938 202651 202651 52106619 DEFERRED COMPENSATION 7235 PAYCHECK PROTECTION PROGRAM LOAN 5194453 5201688 X 46378417 3217585 743613 3961198 42417219 8860356 8860356 51277575 40317910 191504 191504 40126406 8860356 8860356 48986762 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS USED TO PROVIDE NEED-BASED FINANCIAL AID FOR STUDENTS, PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, AND TO SUPPORT OTHER INSTRUCTIONAL PROGRAMS. 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: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 131,504. UNREALIZED LOSS ON INTEREST RATE SWAP 612,109. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 8,820,917. RECLASS OF FUNDRAISING EXPENSES TO PART IX 39,439. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 131,504. WRITE OFF UNCOLLECTABLE PLEDGES 60,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 8,820,917. RECLASS OF FUNDRAISING EXPENSES TO PART IX 39,439. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY IN ALL ARENAS THAT THE SCHOOL ADVERTISES DURING ITS ADMISSIONS SEASON. THE SCHOOL ALSO ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE EMPLOYEE HANDBOOK AND STUDENT PARENT HANDBOOK AS WELL AS POSTS THE POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN ANNUAL GRANT FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION BASED ON THE ATTENDANCE OF THE SCHOOL BODY. (MANDATED AID) 1 SCHOLARSHIPS AND FINANCIAL AID 258 8820917 PART I, LINE 2: STUDENT AID IS AWARDED ON AN ANNUAL BASIS BASED ON THE NEED OF THE FAMILY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN GRANTING AID: PARENTS START THE APPLICATION PROCESS BY SUBMITTING AN APPLICATION TO TADS (TUITION AID DATA SERVICES) WHICH PROVIDES AN INDEPENDENT OPINION OF AN APPROPRIATE NEED BASED AWARD AMOUNT TO THE SCHOOL. THE SCHOOL'S FINANCIAL AID COMMITTEE THEN REVIEWS THE APPLICATION AND OTHER RELEVANT DOCUMENTATION, ALONG WITH THE RECOMMENDATION BY TADS AND DETERMINES THE FINANCIAL AID AMOUNT TO BE AWARDED TO EACH STUDENT. ONCE AID IS GRANTED, THE AID IS APPLIED TO THE STUDENT'S ENROLLMENT CONTRACT AND ANY OTHER AUXILIARY SERVICES, REDUCING THE TOTAL AMOUNT OF TUITION AND/OR AUXILIARY SERVICES TO BE PAID BY THE FAMILY TO THE SCHOOL. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 LISA WALLER HEAD OF SCHOOL 562469 0 0 0 77250 0 30450 0 92914 0 763083 0 0 0 ARUNIE DIAS CHIEF FINANCIAL OFFICER 262749 0 0 0 0 0 20800 0 11472 0 295021 0 0 0 BRANDON CLARKE ASSISTANT HEAD OF SCHOOL 231635 0 0 0 0 0 18294 0 10964 0 260893 0 0 0 JANE MOORE DIRECTOR OF UPPER SCHOOL 226172 0 0 0 0 0 13652 0 19285 0 259109 0 0 0 AMANDA PIKE DIRECTOR OF LOWER SCHOOL 199471 0 0 0 0 0 19189 0 2592 0 221252 0 0 0 BRANDIE MELENDEZ-PINTI DIR. OF DIVERSITY AND INCLUSION 178417 0 0 0 0 0 11227 0 31172 0 220816 0 0 0 LINDA ADAMS DIR. OF STRATEGIC COMMUNICATION 189026 0 0 0 0 0 11554 0 12129 0 212709 0 0 0 ANNE FENTON DIR. OF CAMPUS OPERATION 172229 0 0 0 0 0 7100 0 29671 0 209000 0 0 0 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 180907 0 0 0 0 0 11111 0 10979 0 202997 0 0 0 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 176393 0 0 0 0 0 13800 0 9885 0 200078 0 0 0 PAMELA CUNNINGHAM DIRECTOR OF DEVELOPMENT 157876 0 0 0 0 0 16131 0 10979 0 184986 0 0 0 VANESSA PRESCOTT DIRECTOR OF ADMISSIONS 150610 0 0 0 0 0 14754 0 10957 0 176321 0 0 0 ANNE GUNNING CHAIR OF PHYSICAL EDUCATION 157332 0 0 0 0 0 9307 0 9561 0 176200 0 0 0 PART I, LINE 1A AS A CONDITION OF HER EMPLOYMENT, LISA WALLER, THE HEAD OF SCHOOL, MUST MAINTAIN A RESIDENCE WITHIN WALKING DISTANCE OF THE SCHOOL. THE SCHOOL PROVIDED HER WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $120,000. $60,000 OF THE AMOUNT WAS TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B LISA WALLER, HEAD OF SCHOOL, PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER IRC 457(F). THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS TO/FROM THE PLAN DURING THE 2020 CALENDAR YEAR. A BUILD NYC RESOURCE CORPORATION 454040561 000000000 2021-06-03 37429000 REFUND PRIOR BOND ISSUES AND ALSO CONSTRUCT SCHOOL FACILITIES 0 0 0 A 37429000 515000 202651 25816831 10894518 1 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 11 297358 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND HEAD OF SCHOOL FOR ACCURACY AND COMPLETENESS. THEN, A COPY OF THE FORM 990 IS POSTED TO DILIGENT (BOARD DOCUMENT SOFTWARE) FOR REVIEW BY THE FINANCE COMMITTEE WHO APPROVES THE FORM 990 AT THE FINANCE COMMITTEE MEETING. THE APPROVED FORM 990 IS THEN POSTED TO DILIGENT TO BE REVIEWED BY ALL BOARD MEMBERS WHO APPROVE THE FORM 990 AT THE BOARD MEETING BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, OFFICERS AND TRUSTEES OF THE SCHOOL. THE CFO ROUTINELY REVIEWS ALL VENDOR CONTRACTS FOR ALL MATERIAL ITEMS, INCLUDING POTENTIAL CONFLICTS OF INTEREST. THE POLICY IS DETAILED IN THE EMPLOYEE HANDBOOK, AND ALL EMPLOYEES ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT ANNUALLY OF ALL POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY. IN ADDITION, ALL TRUSTEES SUBMIT WRITTEN STATEMENTS ANNUALLY, ATTESTING THAT THEY ARE IN COMPLIANCE WITH THE POLICY. WITH THE EXCEPTION OF THE HEAD OF SCHOOL, ANY POTENTIAL CONFLICT INVOLVING AN EMPLOYEE WOULD BE BROUGHT TO THE HEAD OF SCHOOL. IF THE POTENTIAL CONFLICT INVOLVES THE HEAD OF SCHOOL OR A TRUSTEE, THE MATTER WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD OF TRUSTEES. A PERSON WITH A CONFLICT OF INTEREST MAY MAKE A PRESENTATION AT A BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. IN ADDITION, ONLY PERSONS WHO ARE INDEPENDENT TRUSTEES AS DEFINED IN THE BYLAWS MAY VOTE ON THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL: WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED. IN ADDITION, AN INDEPENDENT CONSULTANT IS HIRED TO PROVIDE INDEPENDENT RESEARCH AND COMPARABILITY DATA. THE SCHOOL'S LEGAL COUNSEL IS INVOLVED IN PROVIDING THE EXACT LANGUAGE FOR THE CONTRACT, INCLUDING AMOUNTS AND METHODS OF COMPENSATION. APPROVAL FOR THIS PROCESS IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2019. ALL OTHER EMPLOYEES: ALL OTHER EMPLOYMENT CONTRACTS ARE DETERMINED BY THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL & CFO WHO REFERS TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, MARKET COMPARABILITY DATA, YEARS OF EXPERIENCE, EDUCATION AND OTHER QUALIFICATIONS WHEN DECIDING ON ALL COMPENSATION AND BENEFITS. APPROVAL OF THIS POLICY IS DOCUMENTED IN THE FINANCE COMMITTEE AND BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2020. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 152 STERLING PLACE, BROOKLYN, NY 11217 OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-534-6579. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON INTEREST RATE SWAP 612,109. WRITE OFF UNCOLLECTBLE PLEDGES -60,000. PART XII, LINE 2C THE SCHOOL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.