2022-05-16T05:42:16-05:00 2021-06-30 363990892 Capin Crouse LLP 1330 Avenue of the Americas Suite 23A New York NY 10019 990 2020-07-01 010880911 Ross Institute ROSS 6319075102 18 Goodfriend Drive East Hampton NY 11937 Rob Eloff Treasurer 6319075102 2022-05-16 1 Rob Eloff 888008888 Ted R Batson Jr P00721951 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z The Ross School Nicole Ross Eloff 18 Goodfriend Drive East Hampton NY 11937 25260967 0 X www.rossinstitute.org X 1993 NY To change the way education meets the future through leadership & engaging the global community. 11 9 293 17 135836 0 3354616 3037657 25006291 20690122 1972 -50174 146509 25576 28509388 23703181 4796355 3307531 0 0 12116377 11246573 0 0 105482 17956268 15608133 34869000 30162237 -6359612 -6459056 77304133 73051147 17115653 19321723 60188480 53729424 X Our mission is to change the way education meets the future; to foster interdisciplinary, integrated thinking and innovative leadership; to engage fully in the global community; and to facilitate lifelong learning. 0 0 24913318 3281411 17361964 Tuition and fees - Offer an Early Childhood education program (Pre-Nursery to Pre-K) and K-12 college preparatory curriculum with campuses in East Hampton and Bridgehampton, New York. Ross also has a boarding program for grades 6-12. For the fiscal year 2021, approximately 380 students were enrolled. 1575783 1503439 The Tennis Center is open to the public after school hours. There are a variety of different programs and services officed - clinics, classes, court rentals, tournaments, mixers, match plays, summer camps and lessons. The Tennis Academy program (RSTA) runs during the week and is a small, intimate program that allows players to develop lasting relationships with coaches while receiving personalized instruction. Athletes who attend RSTA receive high-performance tennis training while following a stimulating college preparatory curriculum with their peers during the school year. Adult classes run in the morning and about 80 adults enroll per session. After school programs range from ages 5-15 and about 110 kids are enrolled in this program. Court rentals are offered on the weekends with about 100 clients regularly booking court rentals. Lessons are offered after school and on the weekends with ages ranging from 3-70. Ross has about 180 clients regularly booking lessons. Junior tournaments and match plays are offered on the weekends for ages 8-18 and about 200 kids normally sign up for tournaments. The summer camp is held from June - August for ages 5-16 with about 300 kids enrolled. 262148 26120 1123600 Summer camp income - Summer camp for children Pre-Nursery to grade 12. This includes tennis sports camp, innovation lab, ESOL, Mathematics and SAT prep for the students enrolled. 590859 Other school programs - Ancillary programs and income, including TECH program, housing for summer teachers, yearbook income and other various school programs and support activities. 590859 26751249 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 87 0 1 293 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 NY X Valerie Vlacancich 6319075102 18 Goodfriend Drive East Hampton NY 11937 Nicole Ross Eloff President, Trustee 20.00 X X 0 0 0 Robert Eloff Treasurer, Trustee 1.00 X X 0 0 0 Lori Schiaffino Co-Chairperson, Trustee 1.00 X X 0 0 0 Patricia Walton Silver Co-Chairperson, Trustee 1.00 X X 0 0 0 John Collier Trustee 1.00 X 0 0 0 Barrie Glabman Trustee 1.00 X 0 0 0 Miree Kim Trustee 1.00 X 0 0 0 Brett McGonegal Trustee 1.00 X 0 0 0 Ann Stewart Trustee, PA President 1.00 X 0 0 0 Alexandra Fairweather Trustee 1.00 X 0 0 0 Martial Toussaint Trustee 1.00 X 0 0 0 Susan Wilson Controller (part year) 50.00 X 104848 0 10747 Margaret Regan Secretary/Office Mgr Admin & Adv. 40.00 X 65807 0 21957 Valerie Vlacancich CFO 50.00 X 0 0 0 William O'Hearn Head of School & Head of High School 50.00 X 189279 0 90271 Jeanette Tyndall Head of Lower & Middle School 50.00 X 157835 0 0 Andrea O'Hearn Head of School for Adv. & Ops 50.00 X 170396 0 0 Steven O'Brien Director of Facilities 50.00 X 128370 0 24854 Junellen Tiska Director of Academics 50.00 X 119145 0 24854 Christopher Engel Dir. of Comm. Prog./Dean of Students 50.00 X 111157 0 21957 1046837 0 194640 10 0 1 0 Montauk Bus Inc 209 Wading River Road Center Moriches NY 11934 Transportation Services 220215 Pond View Services Inc 67A Main Street Suite 1 East Hampton NY 11937 Security Services 205380 Arent Fox LLP PO Box 644672 Pittsburgh PA 15264 Legal Services 109986 3 2543243 494414 3037657 Tuition and fees 900099 17361964 17361964 Tennis center income 900099 1639275 1503439 135836 Summer camp income 900099 1123600 1123600 Other school programs 900099 565283 565283 20690122 4267 4267 1503345 1557786 -54441 -54441 -54441 25576 25576 25576 23703181 20579862 135836 -50174 3307531 3307531 544233 493269 48239 2725 9105016 8256045 803583 45388 994894 901728 88185 4981 602430 546016 53398 3016 165296 3376 161920 84775 84775 896857 342341 544891 9625 157628 157628 362754 349648 12100 1006 133151 123685 9466 2922832 2916755 5469 608 60167 60111 56 16920 16369 551 560932 114044 444354 2534 8216919 7976595 216292 24032 471771 443464 23589 4718 Bad Debt Expense 614672 614672 Repairs & Maintenance 610316 592256 15997 2063 Food and Meals 197394 197209 95 90 Dues and Memberships 93177 69618 19791 3768 42572 41189 455 928 30162237 26751249 3305506 105482 2792328 4314778 1511880 5543781 212300 189250 281381 242139 72127 72127 270893 305446 178279589 116434722 71619572 61844867 296552 296659 247100 242100 77304133 73051147 1759907 2014734 3746081 7457710 7738053 8172270 3016341 1607366 543243 312028 69643 17115653 19321723 X 57686996 51694519 2501484 2034905 60188480 53729424 77304133 73051147 -6459056 0 X 0 1 X 1 0 X 1618473 10357813 4114503 3354616 3037657 22483062 1618473 10357813 4114503 3354616 3037657 22483062 8879778 13603284 165636 109597 98928 83705 4267 462133 72779 25576 98355 23043550 131157227 0.59030 0.52250 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous income - 2019 Amount: $ 72,779. 2020 Amount: $ 25,576. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 446552 107 446659 446361 191 446552 196171 250000 190 446361 195981 190 196171 198384 190 2593 195981 1.00000 0 0 13409064 13409064 132184976 89479081 42705895 1567945 1108001 459944 13429115 13189258 239857 17688489 12658382 5030107 61844867 Capital lease obligation 69643 69643 20485984 90334 90334 20395650 3307531 3307531 23703181 26945040 90334 90334 26854706 3307531 3307531 30162237 Part V, Line 4: Each fiscal year, the Institute is authorized to expend from the Scholarship Fund (endowment) an amount equal to four and one-half percent of the principal of the endowment as of the first business day of such year, or such other amount as shall be mutually agreed upon by the donor or the donor's designated representatives and the Ross School. The endowment payout shall be paid first from the income of the endowment and, if and to the extent that such income is insufficient, from the principal of the endowment. If the income of the endowment in any fiscal year exceeds the authorized payout amount for such year, the excess will be added to principal at the end of such fiscal year. The endowment payout for each fiscal year shall be used to award scholarships to help support the tuition of one or more students at the Institute entering the ninth grade who have exhibited a deep interest in or enjoyment of the arts and/or sciences, especially the environmental sciences, and who are eligible on a needs basis for financial aid at the Institute. Part XI, Line 4b - Other Adjustments: Scholarships and financial aid 3,307,531. Part XII, Line 4b - Other Adjustments: Scholarships and financial aid 3,307,531. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 The Institute received financial assistance from the Paycheck Protection Program as part of the CARES Act. 1 Scholarships 196 3281411 Summer Camp Financial Aid 23 26120 Part I, Line 2: The assistance provided by the Institute is in the form of academic scholarships to attend the Ross School and financial assistance to attend the summer camp program conducted by the Institute. Records are maintained documenting the participants who receive aid and the rationale for providing aid to each participant. No cash changes hands and funds are directly tied to student accounts. X 1 1 0 0 0 0 0 0 0 0 0 William O'Hearn Head of School & Head of High School 188517 0 0 0 762 0 0 0 90271 0 279550 0 0 0 Andrea O'Hearn Head of School for Adv. & Ops 170000 0 0 0 396 0 0 0 0 0 170396 0 0 0 Jeanette Tyndall Head of Lower & Middle School 156599 0 0 0 1236 0 0 0 0 0 157835 0 0 0 Steven O'Brien Director of Facilities 128310 0 0 0 60 0 0 0 24854 0 153224 0 0 0 Part I, Line 1a Housing Allowance: As a condition of employment, and as a convenience to the Institute, the Head of School is provided a home near Ross Institute. The home is provided as a nontaxable benefit to the Head of School. Courtney S Ross Founder/Sub. Contributor/Family member - N. Eloff, Pres. & R. Eloff, Treas. Operating line of credit X 18206070 186441 0 1 1 Courtney S Ross Founder/Sub. Contributor/Family member - N. Eloff, Pres. & R. Eloff, Treas. Receivable for costs incurred by Institute X 23557 72127 0 1 0 Courtney S Ross Founder/Sub. Contributor/Family member - N. Eloff, Pres. & R. Eloff, Treas. Promissory Note for paying BOA loan down on behalf of the Institute X 3760460 7985829 0 1 1 8244397 Coldon Group Organization owned greater than 35% by John Collier, Board member 180000 Consulting services 0 Form 990, Part VI, Section A, line 1 The Board of Trustees may, by resolution, designate five or more trustees (one of whom shall be the Chairperson of the Board of Trustees) to constitute an Executive Committee, and delegate to the Executive Committee any of the powers and authority of the Board of Trustees in the management of the business and affairs of the Corporation, except for: the amendment or repeal of Bylaws or the adoption of new Bylaws; the amendment or repeal of any resolution of the Board of Trustees that by its express terms is not so amendable or repealable; the filling of vacancies in the Board of Trustees or in any committee; the approval of any transaction in which a trustee or officer has an interest; and the granting of degrees or making removals from office. Form 990, Part VI, Section A, line 2 Nicole Ross Eloff, Trustee, President and Robert Eloff, Trustee, Treasurer - Family relationship Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. A preliminary draft of the organization's Form 990, including all required schedules, was provided to management. Management reviewed the draft Form 990 in detail, consulted with the organization's accountants and tax return preparers, and took all other measures necessary and appropriate to ensure that the final version of the Form 990 is complete and accurate to the best of their knowledge. A copy of the final version of the Form 990, including all required schedules, was provided to each member of the organization's Board of Trustees prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Each director, principal officer, key employee, and member of a committee with governing board delegated powers signs a conflict of interest statement annually which is reviewed by the officers. Should any potential conflicts of interest be disclosed, the interested party would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15b The Compensation Committee approves the officers and key employees compensation by performing an analysis and utilizing appropriate data as to the comparability of the compensation. The approval process was documented in the minutes. Form 990, Part VI, Section B, Line 15a: The organization does not compensate the top management official. Therefore, this line was answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. RSIL26 LLC 18 Goodfriend Drive East Hampton NY 11937 Real estate management NY 0 0 Ross Institute Ross Digital Delivery LLC 18 Goodfriend Drive East Hampton NY 11937 Digital delivery of curriculum NY 0 0 Ross Institute