2022-05-16T22:23:42-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2020-07-01 050258934 PROVIDENCE COUNTRY DAY SCHOOL PROV 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 JOHN MULLEN PRESIDENT 4014385170 2022-05-16 1 JOHN MULLEN 999009999 GARRETT M HIGGINS P00543209 4016216200 2022-05-16 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOHN MULLEN 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 9771650 0 X PROVIDENCECOUNTRYDAY.ORG X 1923 RI THE MISSION OF THE PROVIDENCE COUNTRY DAY SCHOOL IS TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN A DIVERSE COMMUNITY OF STUDENTS IN GRADES 6-12. 23 21 100 33 0 0 1080343 1286149 7918463 8293395 66 4 1036 143428 8999908 9722976 3783500 4196335 0 0 3617535 3524700 0 0 230369 1913420 2044965 9314455 9766000 -314547 -43024 8679196 8362139 5445492 4537412 3233704 3824727 THE MISSION OF THE PROVIDENCE COUNTRY DAY SCHOOL IS TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN A DIVERSE COMMUNITY OF STUDENTS IN GRADES 6-12. 0 0 7155188 4196335 8068801 INSTRUCTION AND STUDENT ACTIVITIES - TUITION AND FEES FOR ACADEMIC AND OTHER EXTRACURRICULAR STUDENT ACTIVITIES. 378787 0 274407 AUXILIARY SERVICES - FOOD SERVICES, TEXTBOOK SALES, ATHLETIC SALES, DUES AND FUNCTION REVENUE. 7533975 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 20 0 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARY MILLARD 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 02914 KEVIN FOLAN HEAD OF SCHOOL 40.00 X X 165075 0 32095 JOHN MULLEN PRESIDENT 5.00 X X 0 0 0 PAULA MCNAMARA VICE-PRESIDENT 5.00 X X 0 0 0 DAVID QUINONES TREASURER 5.00 X X 0 0 0 M HAMZA CHAUDARY SECRETARY 5.00 X X 0 0 0 KATE FARRINGTON ASSISTANT SECRETARY 5.00 X X 1250 0 0 AMY HICKS TRUSTEE 5.00 X 0 0 0 ANDREW KELTON TRUSTEE 5.00 X 0 0 0 CAROLINE BAZAR APARO TRUSTEE 5.00 X 0 0 0 DAVID N BAZAR TRUSTEE 5.00 X 0 0 0 DOUGLAS AMES TRUSTEE 5.00 X 0 0 0 EVAN GOLDSTEIN TRUSTEE 5.00 X 0 0 0 JONATHAN SAVAGE TRUSTEE 5.00 X 0 0 0 KATHERINE GOETZ TRUSTEE 5.00 X 0 0 0 KENNETH RYVICKER TRUSTEE 5.00 X 0 0 0 LUIS MATOS TRUSTEE 5.00 X 0 0 0 PATRICK MCQUADE TRUSTEE 5.00 X 0 0 0 ROBERT GOLDBERG TRUSTEE 5.00 X 0 0 0 ROBERT KHOURY TRUSTEE 5.00 X 0 0 0 RODMAN RICK BLACK TRUSTEE 5.00 X 0 0 0 SARA READ COTE TRUSTEE 5.00 X 0 0 0 STEPHEN MARSELLA TRUSTEE 5.00 X 0 0 0 SUZANNE OPPENHEIMER TRUSTEE 5.00 X 0 0 0 MARK MCLAUGHLIN ASSOCIATE HEAD OF SCHOOL 40.00 X 113114 0 20888 279439 0 52983 2 0 1 0 FLIK DINING SERVICES INC 2 INTERNATIONAL DRIVE RYE NY 10573 DINING SERVICES 345819 SUPERIOR CONSTRUCTION GROUP 55 JOHN CLARK ROAD MIDDLETOWN RI 02842 MIDDLE SCHOOL RENOVATIONS 219700 2 34650 548050 703449 162559 1286149 TUITION & FEES 611710 8068801 8068801 AUXILIARY SERVICES 611710 149487 149487 OTHER PROGRAM REVENUE 611710 75107 75107 8293395 4 4 50000 50000 121686 34650 38397 83289 83289 10090 10277 -187 -187 BAD DEBT RECOVERY 900099 10326 10326 10326 9722976 8343208 0 93619 4196335 4196335 177457 120671 56786 2872325 1653959 1034914 183452 39745 22770 13243 3732 205597 120956 75964 8677 229576 119919 96323 13334 1265 1265 34804 34804 19040 19040 98986 98986 110126 110126 117753 28505 89248 45591 3050 42541 3106 3106 215520 135722 79798 7648 7648 52868 18089 34779 144335 81242 54675 8418 425195 297637 114802 12756 FOOD SERVICE EXPENSE 378787 378787 REPAIR & MAINTENANCE 259961 234396 25565 INSTRUCTIONAL EXPENSE 110753 110753 MISCELLANEOUS EXPENSE 14652 212 14440 4575 218 4357 9766000 7533975 2001656 230369 1309280 890336 4021 4004 0 451914 972445 95686 16550 38395 13726043 9352495 4415881 4373548 1887893 2508256 73126 0 8679196 8362139 541814 418446 703704 989172 3287167 3109710 364757 20084 548050 0 5445492 4537412 X -107393 26609 3341097 3798118 3233704 3824727 8679196 8362139 X -43024 634047 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1887893 70238 653087 83922 19040 2508256 1986450 2160 -1063 81199 18455 1887893 1955071 32172 96412 79422 17783 1986450 1851096 22437 176573 77576 17459 1955071 1680304 22079 242049 76332 17004 1851096 0.00000 1.00000 0.00000 1 0 248193 248193 12440519 8392759 4047760 1037331 959736 77595 4373548 BENEFICIAL INTEREST IN COMMUNITY FOUNDATION 2508256 F 2508256 X 6516964 644324 644324 5872640 3850336 3850336 9722976 5925941 10277 10277 5915664 3850336 3850336 9766000 PART V, LINE 4: THE ENDOWMENT ASSETS ARE HELD IN SEPARATE FUNDS FOR THE PURPOSES OF (1) FACULTY SALARIES AND DEVELOPMENT, (2) STUDENT ACTIVITIES, (3) GENERAL OPERATIONS, AND (4) FINANCIAL AID. 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: COST OF GOODS SOLD - BOOKSTORE 10,277. CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY A COMMUNITY FOUNDATION 634,047. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLORSHIPS 3,840,010. BAD DEBT RECOVERY 10,326. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 10,277. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 3,840,010. BAD DEBT RECOVERY 10,326. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS RACIALLY NON DISCRIMINATORY POLICY ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. THE SCHOOL ALSO ADVERTISES ITS RACIALLY NON DISCRIMINATORY POLICY IN NEWSPAPER ADS AND IN THE SCHOOL'S PRINTED PUBLICATIONS DISTRIBUTED TO THE PUBLIC DESCRIBING THE SCHOOL PROGRAM. FALL GOLF TOURNAMENT 60040 13125 46915 1100 8968 1632 1303 SPRING GOLF TOURNAMENT 96296 21525 74771 1470 15990 3526 4408 156336 34650 121686 2570 24958 5158 5711 38397 83289 1 NEED- BASED FINANCIAL AID 162 3840010 TUITION REMISSION 10 356325 PART I, LINE 2: THE BOARD OF TRUSTEES APPROVES THE TOTAL FINANCIAL AID AVAILABLE FOR THE YEAR. THE DIRECTOR OF ADMISSIONS, ALONG WITH THE FINANCIAL AID COMMITTEE, DETERMINE THE INDIVIDUAL AWARDS TO BE GIVEN OUT TO STUDENTS BASED ON THE NEEDS OF THE STUDENT. ONCE AN AWARD IS GRANTED, AN ACCEPTANCE LETTER IS SIGNED BY THE PARENTS LISTING THE AMOUNT OF THE AWARD. ACCOUNTING POSTS THE AWARDS TO STUDENTS ACCOUNTS SO THAT EACH STUDENT IS BILLED THE GROSS TUITION LESS THE AMOUNT OF THE AWARD. X 1 1 X X X 0 0 0 0 0 0 0 0 0 KEVIN FOLAN HEAD OF SCHOOL 162789 0 0 0 2286 0 8876 0 23219 0 197170 0 0 0 PART I, LINE 1A THE SCHOOL PAID SOCIAL CLUB MEMBERSHIP DUES FOR KEVIN FOLAN, THE HEAD OF SCHOOL, FOR BUSINESS USE. THIS AMOUNT WAS TREATED AS NONTAXABLE UNDER IRC SECTION 132. A RHODE ISLAND COMMERCE CORPORATION 050356994 2017-12-28 2567270 REFINANCE EXISTING DEBT AND IMPROVEMENT/UPGRADE OF THE SCHOOL'S CAMPUS. 0 0 0 A 229070 2567270 87655 938856 1540759 2017 0 0 1 1 A 0 0 1 0 0 0 0 0 A 0 0 1 0 1 0 0 0 1 A 0 X 3 1680 AVG. SELLING PRICE X 500 COST X 4285 COST X 8 150967 AVG. SELLING PRICE X 1 200 AVG. SELLING PRICE X 4 825 COST X GIFT CARDS 24 4102 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION A, LINE 2 DAVID BAZAR AND CAROLINE BAZAR APARO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD OF TRUSTEES OF THE ORGANIZATION TO BE REVIEWED IN DETAIL. ANY COMMENTS ARE THEN SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C EVERY OFFICER AND MEMBER OF THE BOARD OF TRUSTEES IS REQUIRED TO COMPLETE AND SUBMIT TO THE BUSINESS MANAGER A DISCLOSURE STATEMENT ADDRESSING GENERAL AND COMMON SITUATIONS THAT LEAD, OR COULD LEAD, TO THE DEVELOPMENT OF A CONFLICT OR THE APPERANCE OF A CONFLICT. IF THE AFFECTED INDIVIDUAL IS A VOTING MEMBER OF THE BOARD OF TRUSTEES, SUCH INDIVIDUAL SHALL RECUSE HIMSELF OR HERSELF FROM PARTICIPATING IN SUCH VOTING AND CANNOT BE COUNTED FOR A QUOROM FOR SUCH VOTE. THIS POLICY IS MONITORED AND ENFORCED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PERFORMS A REVIEW OF THE HEAD OF SCHOOL EVERY TWO YEARS. THE HEAD OF SCHOOL PERFORMS AN ANNUAL REVIEW OF ALL FACULTY AND STAFF. DURING THIS REVIEW, ANY INCREASES OF COMPENSATION ARE DISCUSSED. IN THE PAST THE ORGANIZATION PERFORMED A COMPENSATION STUDY BASED ON DATA PROVIDED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS TO ENSURE ALL COMPENSATION LEVELS WERE IN-LINE WITH OTHER ORGANIZATIONS WITHIN THE INDUSTRY. THE LAST COMPENSATION REVIEW TOOK PLACE IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL 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, FORM 990, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES WOULD THEN AUTHORIZE THE DOCUMENT(S) TO BE MADE AVAILABLE FOR PUBLIC INSPECTION WITHIN 24 HOURS OF THE REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY A COMMUNITY FOUNDATION 634,047. FORM 990, 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. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.