2021-04-29T15:19:45-05:00 2020-06-30 EISNERAMPER LLP 733 THIRD AVENUE NEW YORK NY 100172703 990 2019-07-01 132751872 DALTON SCHOOLS INC % MICHAEL HWANG CFO DALT 2124235200 108 EAST 89TH STREET NEW YORK NY 10128 MICHAEL HWANG CFO 2124235460 2021-04-28 true CANDICE METH P01306891 2129498700 2019 2022-09-23 18:48:47Z MICHAEL HWANG 108 EAST 89TH STREET NEW YORK NY 10128 122029020 false X www.dalton.org X 1919 NY the school is committed to providing an education of excellence that meets each student's interests, abilities and needs within a common curricular framework. 33 31 543 100 -51370 -1715 11349343 15771508 66397825 69928852 1577202 4381372 725722 477241 80050092 90558973 10112346 10828345 0 0 48080087 49377285 0 0 2659719 23246169 22791292 81438602 82996922 -1388510 7562051 254955328 250410973 51916610 46045299 203038718 204365674 THE DALTON SCHOOL IS COMMITTED TO PROVIDING AN EXCELLENT EDUCATION THAT MEETS EACH STUDENT'S INTERESTS, ABILITIES AND NEEDS AND PROMOTES AN APPRECIATION FOR DIVERSITY IN OUR COMMUNITY AS AN INTEGRAL PART OF SCHOOL LIFE. false false 73026458 10828345 69928852 EDUCATIONAL INSTRUCTION FOR APPROXIMATELY 1,300 STUDENTS IN VARIOUS CLASSES FROM KINDERGARTEN THROUGH TWELFTH GRADE. 73026458 true true false false false false false false false true true true false false false true true false true false true false false false true false false false true true false false false false false false false false true false false false false false false false false true 152 0 true 543 true true true false false false false true true false false false false false false X 33 31 false false false false false false false true true false false true true true true true true true true false X MICHAEL HWANG CFO 2124235460 108 EAST 89TH STREET NEW YORK NY 10128 JAMES BEST HEAD OF SCHOOL 40.0 0.0 X X 888377 0 49596 ELLEN STEIN FORMER HEAD OF SCHOOL 0.0 0.0 X 694200 0 20620 MICHAEL HWANG CHIEF FINANCIAL OFFICER 40.0 0.0 X 463729 0 56219 EDWARD FRISCHLING ATHLETIC DIRECTOR 40.0 0.0 X 315387 0 70084 ELISABETH KRENTS DIRECTOR OF ADMISSIONS 40.0 0.0 X 289104 0 69679 CELESTE HERRERA DIRECTOR OF HIGH SCHOOL 40.0 0.0 X 293840 0 41693 MARSHA YUAN DIRECTOR OF FINANCE 40.0 0.0 X 301006 0 22878 EMILY KASOF DIRECTOR OF DEVELOPMENT 40.0 0.0 X 247266 0 68068 JOHN NEIERS DIRECTOR OF TECHNOLOGY 40.0 0.0 X 258270 0 53936 NORA ELISH DIRECTOR OF FIRST PROGRAM 40.0 0.0 X 254925 0 41568 TRACY FEDONCHIK DIRECTOR OF MIDDLE SCHOOL 40.0 0.0 X 209119 0 61000 JOAN WALROND DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 198847 0 35400 SARAH KERMAN FACULTY REP & TEACHER 40.0 0.0 X 80596 0 9469 ALAN KLEIN PRESIDENT 10.0 0.0 X X 0 0 0 JENNY GLASSMAN TREASURER 2.0 0.0 X X 0 0 0 JENNIE TARR COYNE SECRETARY 2.0 0.0 X X 0 0 0 RONNIE ABRAMS TRUSTEE 2.0 0.0 X 0 0 0 TIMOTHY BARAKETT TRUSTEE 2.0 0.0 X 0 0 0 MARK CHAN TRUSTEE 2.0 0.0 X 0 0 0 JOHN CLARK TRUSTEE 2.0 0.0 X 0 0 0 ANDREAS DRACOPOULOS TRUSTEE 2.0 0.0 X 0 0 0 DASHA SMITH TRUSTEE 2.0 0.0 X 0 0 0 SHEREE CHIOU TRUSTEE 2.0 0.0 X 0 0 0 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60222821 94043657 13969467 12145022 1824445 2706405 2087748 618657 100848188 LIMITED PARTNERSHIPS 2148408 F OFFSHORE HEDGE FUNDS 38688865 F PRIVATE SECURITIES 5090408 F 45927681 0 0 X 76067572 -3715367 142760 -3572607 79640179 90449 10828345 10918794 90558973 74740616 2633278 2633278 72107338 90449 10799135 10889584 82996922 FORM 990, SCHEDULE D, PART V THE SCHOOL'S ENDOWMENT CONSISTS OF VARIOUS INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, CONSISTING OF BOTH BOARD DESIGNATED AND DONOR-RESTRICTED ENDOWMENT FUNDS. THE PURPOSES OF ALL THESE FUNDS INCLUDE SCHOLARSHIPS, STUDENT SUPPORT, FACULTY SUPPORT, AS WELL AS FACILITY UPGRADE AND MAINTENANCE. FORM 990, SCHEDULE D, PART X, LINE 2 THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE SCHOOL, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ATTRIBUTABLE TO THE PASS-THROUGH INCOME AND LOSSES ON THEIR ALTERNATIVE INVESTMENTS. BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PARTS XI, LINE 2D RENTAL EXPENSES OF $142,760 ARE NETTED AGAINsT REVENUE PER FORM 990, BUT INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS. FORM 990, SChEDULE D, PART XI, LINE 4B FINANCIAL AID OF $10,828,345 which IS NETTED AGAINST REVENUE PER FINANCIAL STATEMENTS AND REPORTED AS PART OF EXPENSES IN FORM 990. FORM 990, SCHEDULE D, PART XII, LINE 2D RENTAL EXPENSE OF $142,760 IS NETTED AGAINST REVENUE PER FORM 990 AND INCREASE IN RESERVE ON UNCOLLECTIBLE PLEDGES OF $2,490,518 REPORTED AS "OTHER CHANGES IN NET ASSETS" ON FORM 990 PART XI, LINE 9. FORM 990, SCHEDULE D, PART XII, LINE 4B FINANCIAL AID OF $10,828,345 and ADJUSTMENT to post retirement benefit of $29,210 IS NETTED AGAINST REVENUE PER FINANCIAL STATEMENTS AND REPORTED AS PART OF EXPENSES IN FORM 990. true true true true true true true false false false false false false false false true false true SCHEDULE E QUESTION 3 NEWSPAPER ADVERTISEMENTS AND SCHOOL PUBLICATIONS WHICH MAY BE INSPECTED AT THE SCHOOL'S PREMISES. Schedule E Question 6A the school receives an annual grant from NYS Mandated SERVICES. Central America and the Caribbean Investments 38688865 38688865 38688865 true false false false true false PART I, LINE 3 COLUMN (F) AMOUNT REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING DALTON BENEFIT 494752 489059 5693 5693 0 494752 489059 5693 5693 5693 true FINANCIAL AID PROVIDED TO STUDENTS 258 10828345 FMV TUITION REDUCTION GRANTS AND OTHER ASSISTANCE THE FINANCIAL AID COMMITTEE REVIEWS ALL APPLICATIONS FOR FINANCIAL AID. AFTER REVIEW OF APPLICATIONS, THE COMMITTEE DETERMINES THE AMOUNT OF AID THAT IS APPROPRIATE. THE COMMITTEE IS MADE UP OF SENIOR MANAGEMENT AND STAFF SUPPORT. ALL GRANTS OR FINANICAL AID ARE AUTOMATICALLY APPLIED TO TUITION. X true true X X X X false true false false false false false false false JAMES BEST HEAD OF SCHOOL 888377 0 0 0 0 0 39200 0 10396 0 937973 0 0 0 MICHAEL HWANG CHIEF FINANCIAL OFFICER 463729 0 0 0 0 0 25200 0 31019 0 519948 0 0 0 ELISABETH KRENTS DIRECTOR OF ADMISSIONS 289104 0 0 0 0 0 39200 0 30479 0 358783 0 0 0 JOHN NEIERS DIRECTOR OF TECHNOLOGY 258270 0 0 0 0 0 36582 0 17354 0 312206 0 0 0 NORA ELISH DIRECTOR OF FIRST PROGRAM 254925 0 0 0 0 0 31275 0 10293 0 296493 0 0 0 CELESTE HERRERA DIRECTOR OF HIGH SCHOOL 293840 0 0 0 0 0 24343 0 17350 0 335533 0 0 0 EMILY KASOF DIRECTOR OF DEVELOPMENT 247266 0 0 0 0 0 37100 0 30968 0 315334 0 0 0 TRACY FEDONCHIK DIRECTOR OF MIDDLE SCHOOL 209119 0 0 0 0 0 30100 0 30900 0 270119 0 0 0 MARSHA YUAN DIRECTOR OF FINANCE 301006 0 0 0 0 0 21170 0 1708 0 323884 0 0 0 EDWARD FRISCHLING ATHLETIC DIRECTOR 315387 0 0 0 0 0 39200 0 30884 0 385471 0 0 0 JOAN WALROND DIRECTOR OF HUMAN RESOURCES 198847 0 0 0 0 0 18054 0 17346 0 234247 0 0 0 ELLEN STEIN FORMER HEAD OF SCHOOL 0 0 0 0 694200 0 0 0 20620 0 714820 0 0 0 FORM 990, SCHEDULE J, PARTS I AND II COMPENSATION OF OFFICERS AND KEY EMPLOYEES WERE REVIEWED BY THE BOARD OF TRUSTEES USING COMPARABLE DATA AND CERTAIN OUTSIDE ORGANIZATIONS. The head of school's compensation included a housing allowance of $126,290. THE SCHOOL MAINTAINS A DEFERRED COMPENSATION PLAN UNDER SECTION 457(B) and 457(F) OF THE INTERNAL REVENUE CODE FOR CERTAIN SCHOOL MANAGEMENT EMPLOYEES. The School did not contribute into these plans for the fiscal-year 2020. ELLEN STEIN, FORMER HEAD OF SCHOOL, WAS ON SABBATICAL FOR 2018-19 AND PAID COMPENSATION AS STIPULATED IN HER EMPLOYMENT AGREEMENT WITH THE SCHOOL. IT IS INCLUDED ON SCHEDULE J AS PART OF HER 2019 W-2 COMPENSATION THAT IS DISCLOSED ON SCHEDULE J. X 60 773419 FMV false true true FORM 990, SCHEDULE M, QUESTION 32A THE SCHOOL ENGAGES AN OUTSIDE BROKER TO SELL DONATED SECURITIES ON THEIR BEHALF. FORM 990, PART VI, SECTION B, LINE 11 THE IRS FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE AUDIT COMMITTEE. UPON APPROVAL, A NOTIFICATION IS SENT TO THE BOARD OF TRUSTEES, AND THE DRAFT OF THE FORM 990 IS DISTRIBUTED FOR A DETERMINED PERIOD OF TIME ON THE SECURE DALTON BOARD OF TRUSTEES INTRANET-SITE AND is then APPROVED BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE ASKED TO COMPLETE A FORMAL CONFLICT OF INTEREST FORM/QUESTIONNAIRE. THIS IS DONE ONCE A YEAR. THE FORMS ARE KEPT BY THE HEAD OF SCHOOL. THE HEAD OF SCHOOL AND THE COMPLETE BOARD REVIEW THE FORMS. FORM 990, PART VI, SECTION B, LINES 15A & 15B COMPENSATION FOR THE HEAD OF SCHOOL WAS REVIEWED BY THE BOARD USING COMPARABLE DATA FOR BENCHMARKING PURPOSES. THE SCHOOL'S COMMITTEE ON ADMINISTRATIVE COMPENSATION AND EQUITY ("CACE") REVIEWS ALL SALARIES OF ADMINISTRATIVE STAFF AT THE END OF EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND THE FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICES OF THE DALTON SCHOOL UPON REQUEST. FORM 990 PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OF $2,519,728 REPRESENTS THE INCREASE IN THE RESERVE FOR UNCOLLECTIBLE PLEDGES OF $2,490,518, AND THE ADJUSTMENT FOR THE SCHOOL'S POSTRETIREMENT BENEFIT PLAN OF $29,210.