2021-05-17T06:44:09-05:00 2020-06-30 030288632 DOWNEY PIECIAK FITZGERALD & CO PC 504 COTTAGE STREET SPRINGFIELD MA 011043219 990 2019-07-01 141412457 THE DARROW SCHOOL DARR 5187042769 110 DARROW ROAD NEW LEBANON NY 12125 ANDREW VADNAIS HEAD OF SCHOOL 5187042769 2021-05-14 1 KEITH H PURCELL CPA P00601405 4137342163 2019 2022-09-23 18:48:47Z ANDREW VADNAIS 110 DARROW ROAD NEW LEBANON NY 12125 11924943 0 X WWW.DARROWSCHOOL.ORG X 1932 NY EDUCATION OF SECONDARY SCHOOL STUDENTS 17 17 79 17 0 0 1646595 5204320 6475995 6487151 145838 220920 7385 5896 8275813 11918287 3082972 3799786 0 0 3279979 3349284 0 0 353046 3046741 2807557 9409692 9956627 -1133879 1961660 15952407 18053484 2253994 2464200 13698413 15589284 X AT DARROW SCHOOL, WE ARE DEDICATED TO SERVING STUDENTS WITH DIVERSE BACKGROUNDS AND ABILITIES, BUILDING ON EACH STUDENT'S INDIVIDUAL TALENTS AND INTERESTS TO INSPIRE ENDURING CONFIDENCE FOR SUCCESS IN COLLEGE AND LIFE. OUR CHALLENGING AND INDIVIDUALLY FOCUSED COLLEGE-PREPARATORY CURRICULUM FEATURES A UNIQUE COMBINATION OF CLASSROOM INSTRUCTION, HANDS-ON LEARNING, AND ENVIRONMENTAL CONSCIOUSNESS. OUR BEAUTIFUL MOUNTAINSIDE CAMPUS, A NATIONAL HISTORIC LANDMARK, IS RICH IN ITS SHAKER HERITAGE, AND PROVIDES AN IDEAL SETTING. KEEPING THE HISTORY AND MISSION IN MIND, ONE CAN BEGIN TO UNDERSTAND HOW THE COMMUNITY SUPPORT, THE WORK OF THE FULL FACULTY, AND THE PROCESS-ORIENTED VIEW SUPPORT EDUCATION FOR SUSTAINABILITY AT DARROW. 0 0 5677752 3799786 6175537 TEACHING AND INSTRUCTIONBENEFITTING ENTIRE STUDENT BODY, WHICH WAS APPROXIMATELY 106 STUDENTS IN THIS SCHOOL YEAR. OUR PROGRAM EMPHASIZES COLLEGE PREPARATION VIA ACTIVE CURRICULUM AND PROJECT BASED LEARNING, ALONG WITH SUSTAINABILITY AND THE ARTS. WE HAVE A 4:1 STUDENT TEACHER RATIO TO ALLOW FOR CLOSE MENTORSHIP AND OPTIMAL SUPPORT OF STUDENTS' ASPIRATIONS. IN ADDITION, JPED ACADEMY IN BEIJING ADOPTED OUR MISSION AND CURRICULUM, WHICH BENEFITTED 22 STUDENTS IN THIS SCHOOL YEAR. 626271 42364 STUDENT SUPPORT AND ACTIVITIESBENEFITTING ENTIRE STUDENT BODY, WHICH WAS APPROXIMATELY 106 STUDENTS IN THIS SCHOOL YEAR. RESIDENTIAL LIFE HELPS OUR STUDENTS GROW OUTSIDE OF THE CLASSROOM, LEARNING INDEPENDENT LIVING, THE VALUE OF ATHLETICS, PHYSICAL HEALTH, AND COMMUNITY STRENGTH. 1709335 269928 PHYSICAL PLANT OPERATIONBENEFITTING ENTIRE STUDENT BODY, WHICH WAS APPROXIMATELY 106 STUDENTS IN THIS SCHOOL YEAR. 8013358 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 79 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STEVE CAMARDI 5187042769 110 DARROW ROAD NEW LEBANON NY 12125 HENRY L SAVAGE JR TRUSTEE 1.00 X 0 0 0 H BARTON RILEY TREASURER 1.00 X X 0 0 0 ROBERT W KEE CHAIR 1.00 X X 0 0 0 SHARON A KENNEDY SECRETARY 1.00 X X 0 0 0 JENNIFER CHOLNOKY VICE CHAIR 1.00 X X 0 0 0 THOMAS HALLOWELL TRUSTEE 1.00 X 0 0 0 CHRISTIAN MASTERS TRUSTEE 1.00 X 0 0 0 LAURENCE VAN METER TRUSTEE 1.00 X 0 0 0 PETER ROSEMOND TRUSTEE 1.00 X 0 0 0 ROBERT GREIFELD TRUSTEE 1.00 X 0 0 0 PEI JING TRUSTEE 1.00 X 0 0 0 RICHARD O'LEARY TRUSTEE 1.00 X 0 0 0 JENNIFER RODRIGUEZ TRUSTEE 1.00 X 0 0 0 DOUGLAS ANDREW SMITH TRUSTEE 1.00 X 0 0 0 DENTON HOPPER TRUSTEE 1.00 X 0 0 0 YONSEY NUNEZ TRUSTEE 1.00 X 0 0 0 EDWIN SELDEN TRUSTEE 1.00 X 0 0 0 SIMON HOLZAPFEL PRESIDENT 40.00 X 125000 0 25241 MELISSA GARDNER DIRECTOR OF FINANCE THRU 01/20 40.00 X 83605 0 1313 ANDREW VADNAIS HEAD OF SCHOOL 40.00 X 46307 0 27251 STEVE CAMARDI BUSINESS MANAGER STARTING 11/19 40.00 X 4038 0 0 258950 0 53805 1 0 1 0 BROCK AND COMPANY INC 257 GREAT VALLEY PARKWAY MALVERN PA 19355 FOOD SERVICE 547550 SCHODACK TRUCKING AND SEPTIC INC 4176 US RT 20 CASTLETON NY 12033 GENERAL CONTRACTOR 115298 2 8740 5195580 2835008 5204320 TUITION AND FEES 611710 6175537 6175537 OTHER PROGRAM INCOME 611710 293234 293234 STUDENT TRANSPORTATION INCOME 611710 18380 18380 6487151 99720 99720 121200 0 121200 121200 121200 7334 6656 678 678 ANCILLARY INCOME: MISCELLANEOUS I 541610 5218 5218 5218 11918287 6487829 0 226138 3237986 3237986 561800 561800 245106 213352 31754 2362587 1692869 475769 193949 28587 18010 8576 2001 505471 318447 151641 35383 207533 130746 62260 14527 6595 6595 24100 24100 19 19 121701 34560 87141 41649 41649 72751 14690 29783 28278 30177 30177 672846 598833 67285 6728 58719 546 45865 12308 6864 2017 4847 32516 32516 818339 728322 81834 8183 84363 17792 66371 200 FOOD SERVICE 423626 423626 INSTRUCTIONAL EXPENSES 75994 75994 SUMMER PROGRAM EXPENSES 72643 72643 GENERAL ADMIN EXPENSES 66372 66372 198283 54300 124248 19735 9956627 8013358 1590223 353046 337522 2056254 26930 787 837204 1303417 37312 116133 2771 4239 59428 14990 18690951 9810550 9489777 8880401 5160682 5676482 781 781 15952407 18053484 472457 699839 1131537 420074 650000 1344287 2253994 2464200 X 9190894 9527168 4507519 6062116 13698413 15589284 15952407 18053484 1961660 -70789 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4950658 1563120 155528 146478 1050000 5472828 5212304 49851 224400 188897 347000 4950658 5017469 48211 326931 180307 5212304 4529970 116145 543978 172624 5017469 4559168 161719 -49783 141134 4529970 0.06190 0.77110 0.16700 0 0 566503 566503 15464032 8673732 6790300 919509 796105 123404 1740907 340713 1400194 8880401 8054368 -70789 6656 -64133 8118501 3799786 3799786 11918287 6163497 6656 6656 6156841 3799786 3799786 9956627 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS OF $4,220,100, RESTRICTED BY DONORS IN PERPETUITY FOR SPECIFIC USES, INCLUDE BOTH SCHOLARSHIP AND PROGRAM SUPPORT ENDOWMENTS, WHERE THE PROCEEDS ARE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO MEET CERTAIN CRITERIA AND TO PROVIDE SUPPORT FOR VARIOUS PROGRAMS OF THE SCHOOL. QUASI-ENDOWMENT NET ASSETS OF $338,642 ARE HELD TO PROVIDE SUPPORT IN AREAS SUCH AS FACILITIES, TECHNOLOGY, FACULTY AND OTHERS. IN ADDITION, THE SCHOOL HAS A GENERAL ENDOWMENT THAT SUPPORTS THE OPERATIONS OF THE SCHOOL. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - SCHOOL STORE 6,656. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,799,786. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - SCHOOL STORE 6,656. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,799,786. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DESCRIBED IN PROMOTIONAL MATERIALS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES MONEY FROM THE NY EDUCATION DEPARTMENT FOR REIMBURSEMENT OF EXPENSE FOR ATTENDANCE TAKING. DURING APRIL 2020 THE SCHOOL ALSO RECEIVED A LOAN IN THE AMOUNT OF $494,287 UNDER THE PAYCHECK PROTECTION PROGRAM CREATED AS PART OF THE RELIEF EFFORTS RELATED TO COVID-19 AND ADMINISTERED BY THE SMALL BUSINESS ADMINISTRATION. THE SCHOOL WAS ELIGIBLE FOR LOAN FORGIVENESS OF UP TO 100% OF THE LOAN, UPON MEETING CERTAIN REQUIREMENTS. THIS LOAN WAS FORGIVEN IN FULL AS OF MARCH 9, 2021. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 RECRUITMENT TRAVEL/SCHOOL PARTNERSHIP 3582 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 RECRUITMENT TRAVEL 1372 SOUTH AMERICA 0 0 RECRUITMENT TRAVEL 750 0 0 0 0 0 0 5704 0 5704 SCHOLARSHIP AWARD TO FOREIGN STUDENTS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 5 297500 CREDIT TO STUDENTS' TUITION ACCOUNTS COST SCHOLARSHIP AWARD TO FOREIGN STUDENTS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 2 96000 CREDIT TO STUDENTS' TUITION ACCOUNTS COST SCHOLARSHIP AWARD TO FOREIGN STUDENTS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 3 168300 CREDIT TO STUDENTS' TUITION ACCOUNTS COST 0 0 0 0 0 0 PART I, LINE 2: THE FINANCIAL AID COMMITTEE (DIRECTOR OF FINANCE, DIRECTOR OF ADMISSION, AND THE ASSOCIATE DIRECTOR OF ADMISSION) REVIEWS THE INFORMATION FROM PFS (ONLINE FINANCIAL STATEMENT COMPLETED BY PARENTS, THROUGH NAIS) ALONG WITH FINANCIAL INFORMATION AND DOCUMENTATION PROVIDED BY PARENTS, AND DETERMINE NEED BASED FINANCIAL AID PER FAMILY. TOTAL FUNDS FOR FINANCIAL AID ARE PRE-DETERMINED DURING BUDGET REVIEW AND APPROVED BY THE BOARD OF TRUSTEES AND THE FINANCIAL AID COMMITTEE IS LIMITED TO THE TOTAL BUDGET. FOR FISCAL YEAR 2020, THE SCHOOL ALSO MADE ADDITIONAL AWARDS, AS NEEDED, DURING THE COVID-19 PANDEMIC. PART III ACCOUNTING METHOD: 1 FINANCIAL AID 83 3237986 COST CREDIT TO STUDENT'S TUITION ACCOUNTS PART I, LINE 2: THE FINANCIAL AID COMMITTEE (DIRECTOR OF FINANCE, DIRECTOR OF ADMISSION, AND THE ASSOCIATE DIRECTOR OF ADMISSION) REVIEWS THE INFORMATION FROM PFS (ONLINE FINANCIAL STATEMENT COMPLETED BY PARENTS, THROUGH NAIS) ALONG WITH FINANCIAL INFORMATION AND DOCUMENTATION PROVIDED BY PARENTS, AND DETERMINE NEED BASED FINANCIAL AID PER FAMILY. TOTAL FUNDS FOR FINANCIAL AID ARE PRE-DETERMINED DURING BUDGET REVIEW AND APPROVED BY THE BOARD OF TRUSTEES AND THE FINANCIAL AID COMMITTEE IS LIMITED TO THE TOTAL BUDGET. FOR FISCAL YEAR 2020, THE SCHOOL ALSO MADE ADDITIONAL AWARDS, AS NEEDED, DURING THE COVID-19 PANDEMIC. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SIMON HOLZAPFEL PRESIDENT 125000 0 0 0 0 0 0 0 25241 0 150241 0 0 0 X 15 2110008 QUOTED MARKET VALUE X PLEDGES 5 725000 PRESENT VALUE 0 1 1 PART I, LINE 32B: THE SCHOOL USES CHARLES SCHWAB TO HOLD AND SELL ANY PUBLICALLY TRADED STOCKS THEY RECEIVE AS A DONATION. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT, TOGETHER WITH THE AUDIT COMMITTEE AND FINANCE COMMITTEE, REVIEW AND APPROVE THE 990 PRIOR TO GIVING THE FINAL COPY TO THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE GIVEN A QUESTIONNAIRE ANNUALLY RELATED TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMMITTEE RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL REVIEWS COMPENSATION BENCHMARK DATA OBTAINED FROM NAIS SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS 990 AVAILABLE TO THE PUBLIC UPON REQUEST.