2022-04-21T13:41:08-05:00 2021-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2020-07-01 050369037 ST MICHAEL'S COUNTRY DAY SCHOOL STMI 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 TED FERRY BUSINESS MANAGER 4018495970 2022-04-20 1 TED FERRY 999009999 JENNIFER HOGENCAMP P01929324 4014214800 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z TED FERRY 180 RHODE ISLAND AVENUE NEWPORT RI 02840 7662325 0 X WWW.SMCDS.ORG X 1976 RI ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 17 12 91 4 0 0 449674 452190 4365295 5216253 55925 520932 18788 522712 4889682 6712087 1208533 1355560 0 0 3168905 3297406 0 0 200269 990787 984581 5368225 5637547 -478543 1074540 7690756 8634737 1605542 1399910 6085214 7234827 ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 0 0 4473996 1355560 5163910 PROVIDING OF ELEMENTARY SCHOOL EDUCATION (GRADES PRESCHOOL THROUGH GRADE 8) SERVING APPROXIMATELY 204 STUDENTS DURING FY 2021. 52343 PROVISION OF SPECIAL PROGRAMS CONSISTING OF MUSIC, AFTER-SCHOOL ACTIVITIES, TUTORING, SUMMER AND THEATER CAMPS, WHICH ARE PROVIDED OUTSIDE OF REGULAR CLASS WORK, FOR APPROXIMATELY 484 STUDENTS DURING FY 2021. 4473996 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 91 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X TED FERRY 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 ISABELLA DANA RIDALL CHAIR 10.00 X X 0 0 0 JAMES POWELL TREASURER 5.00 X X 0 0 0 KELLY RICHARDS SECRETARY 5.00 X X 0 0 0 AMY MARTIN VICE CHAIR 5.00 X X 0 0 0 CHRISTOPHER BENZAK TRUSTEE 5.00 X 0 0 0 ANDREA VAN BEUREN TRUSTEE 5.00 X 0 0 0 CURT RICHARDSON TRUSTEE 5.00 X 0 0 0 MERVAN OSBORNE SECRETARY 5.00 X 0 0 0 CHRISTOPHER MCNALLY TRUSTEE 5.00 X 0 0 0 ANGUS DAVIS TRUSTEE 5.00 X 0 0 0 CRISTA DURAND TRUSTEE 5.00 X 0 0 0 DORRANCE BENSON TRUSTEE 5.00 X 0 0 0 SUSAN LOVEJOY TRUSTEE 5.00 X 0 0 0 SHEIKA EGAN TRUSTEE 5.00 X 0 0 0 JESSICA PHILLIPS TRUSTEE 5.00 X 0 0 0 ERIC SCHWEIBENZ TRUSTEE 5.00 X 0 0 0 JULIANNA BARBIERI TRUSTEE 5.00 X 0 0 0 WALTER LANDBERG HEAD OF SCHOOL 50.00 X 113526 0 9621 COLLEEN WELSH HEAD OF MIDDLE SCHOOL 50.00 X 105131 0 17352 218657 0 26973 2 0 0 0 0 452190 42909 452190 TUTION AND FEES 611110 5163910 5163910 SPECIAL PROGRAMS 611110 52343 52343 5216253 355390 355390 300 0 300 300 300 1101355 14425 950238 0 151117 14425 165542 165542 FORGIVENESS OF DEBT 611110 515000 515000 OTHER INCOME 611110 7412 7412 522412 6712087 5216253 0 1043644 1355560 1355560 139049 139049 2397536 1836766 490638 70132 55406 40578 13076 1752 506141 380219 43642 82280 199274 147436 46356 5482 30338 30338 21500 21500 2950 2950 13457 4425 9032 12924 12924 23502 6288 16701 513 101941 83592 15291 3058 9578 1820 7758 342644 308380 23985 10279 58802 45288 12201 1313 REPAIRS & MAINTENANCE 163542 134105 24531 4906 OTHER OPERATING EXPENSE 102005 52934 48373 698 SUPPLIES 76756 60455 5641 10660 EVENT EXPENSE 14751 10684 3903 164 9891 9891 5637547 4473996 963282 200269 40303 520386 35972 37026 30975 0 45523 71997 55241 50009 11721270 6363912 5463357 5357358 2019385 2597961 7690756 8634737 404661 446486 425181 707601 775700 245823 1605542 1399910 X 4043400 4829923 2041814 2404904 6085214 7234827 7690756 8634737 1074540 75073 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1959678 478987 81613 2357052 1967483 73132 80937 1959678 1980477 65971 31409 47556 1967483 1893181 164091 13724 63071 1980477 1773424 1000 194154 75397 1893181 0.72000 0.28000 0 0 81955 81955 10175271 5243175 4932096 580893 438922 141971 883151 681815 201336 5357358 X 5428650 75073 75073 5353577 2950 1355560 1358510 6712087 4279037 0 4279037 2950 1355560 1358510 5637547 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE MAINTENANCE OF THE VAN BEUREN BUILDING, NEED-BASED SCHOLARSHIPS, DIVERSITY AND LEARNING DISABLED, PROFESSIONAL DEVELOPMENT FOR TEACHERS IN THE STUDY OF ALTERNATIVE LEARNING METHODS, AND FACULTY ENRICHMENT BEYOND THE CLASSROOM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF OPERATING EXPENSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUTION ASSISTANCE 1,355,560. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUTION ASSISTANCE 1,355,560. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AN ANNUAL STATEMENT APPEARS IN THE BOSTON GLOBE NEWSPAPER SPONSORED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. 1 NEED BASED FINANCIAL AID 107 1355560 PART I, LINE 2: THE FINANCIAL AID AWARDS ARE CREDITED TO THE STUDENT'S ACCOUNT THROUGH THE STUDENT BILLING SOFTWARE IN THE BUSINESS OFFICE. FOR RECIPIENTS OF NEED-BASED FINANCIAL AID, THE SCHOOL USES SCHOOL AND STUDENT SERVICES AS A GUIDE WHICH REQUIRES 2 YEARS OF INCOME TAX RETURNS. CHILDREN OF BOARD MEMBERS 51310 FINANCIAL AID GRANTS X HVAC SYSTEM 0 42909 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY FINANCE COMMITTEE MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS OVERSEEN BY THE GOVERNANCE COMMITTEE. ANY POTENTIAL CONFLICT WOULD BE REVIEWED WITH THE BOARD MEMBER. IF A CONFLICT WAS JUDGED TO EXIST, HE OR SHE WOULD BE ADVISED TO RECUSE HIMSELF OR HERSELF FROM DISCUSSION AND VOTING ON ANY RELATED ISSUE. IF THE CONFLICT IS SEVERE, THE INDIVIDUAL WOULD BE ADVISED TO RECUSE HIMSELF OR HERSELF FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS COMPARES THE COMPENSATION OF KEY INDIVIDUALS TO COMPENSATION PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR-SIZED SCHOOLS. THE RESULTS OF THE COMMITTEE ARE REPORTED TO THE BOARD OF DIRECTORS. THE DELIBERATIONS AND DECISION REGARDING THE COMPENSATION WAS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. 990, PART XII, LINE 2C: THE SCHOOL'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.