2021-05-14T10:35:54-05:00 2020-06-30 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2019-07-01 341283907 Gross Schechter Day School SCHE 2167631400 27601 Fairmount Blvd Pepper Pike OH 44124 Abigail Stadlin Board President 2167631400 2021-05-12 1 Rebekuh Eley P01247672 3126343400 2021-05-12 2019 2022-09-23 18:48:47Z Randy Boroff 27601 Fairmount Blvd Pepper Pike OH 44124 4473740 0 X www.grossschechter.org X 1979 OH Gross Schechter Day School inspires its students to love learning, become their best selves, and embrace Jewish practice, values, and community in a challenging and encouraging academic environment. 36 36 108 25 0 0 1583975 1801310 2980686 2599411 17840 14672 -15474 19882 4567027 4435275 584781 504728 0 0 3003807 2896627 0 0 235470 1265192 1052949 4853780 4454304 -286753 -19029 6754192 6820618 3119523 3514055 3634669 3306563 Gross Schechter Day School inspires its students to love learning, become their best selves, and embrace Jewish practice, values, and community in a challenging and encouraging academic environment. 0 0 3806683 504728 2599411 Gross Schechter Day School's ("the School") academic programs focus on providing a well-rounded education that prepares its students for success in high school, college, and beyond. The School also provides after school activities and infant care. Kehillat Schechter (Our Schechter Community) is made up of students, parents, alumni, and staff. 3806683 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 108 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 OH X Jennifer Kercher 2167631400 27601 Fairmount Blvd Pepper Pike OH 44124 Randy Boroff Head of School 40.00 0.00 X 146250 0 9111 Abigail Stadlin President 15.00 0.00 X X 0 0 0 Aaron Caplan Vice President until 6/30/2020 10.00 0.00 X X 0 0 0 Leah Epstein Vice President 10.00 0.00 X X 0 0 0 Erica Lazzaro Vice President 10.00 0.00 X X 0 0 0 Sarah Zimmerman Vice President 10.00 0.00 X X 0 0 0 Aaron Saidel Treasurer 10.00 0.00 X X 0 0 0 Robert Fishman Assistant Treasurer 10.00 0.00 X X 0 0 0 Kate Milgrom Secretary 5.00 0.00 X X 0 0 0 Moe Abraham Director 1.00 0.00 X 0 0 0 Maya Abramov Director 1.00 0.00 X 0 0 0 Mitchel Balk Director 1.00 0.00 X 0 0 0 Patti Berns Director 1.00 0.00 X 0 0 0 Alanna Cooper Director 1.00 0.00 X 0 0 0 Bruce Daskal Director until 6/30/2020 1.00 0.00 X 0 0 0 Lydia Frankel Director 1.00 0.00 X 0 0 0 Renee Greller Director 1.00 0.00 X 0 0 0 Joe Grundfast Director 1.00 0.00 X 0 0 0 Rakafet Landes Director 1.00 0.00 X 0 0 0 Ellyn Lefko Director 1.00 0.00 X 0 0 0 Jean Lettofsky Director until 6/30/2020 1.00 0.00 X 0 0 0 Kimberly Levin Director 1.00 0.00 X 0 0 0 Karen Levinsky Director 1.00 0.00 X 0 0 0 Seth Mendelsohn Director until 6/30/2020 1.00 0.00 X 0 0 0 Michael Milgrom Director until 6/30/2020 1.00 0.00 X 0 0 0 Loree Potash Director 1.00 0.00 X 0 0 0 Brian Stein Director 1.00 0.00 X 0 0 0 Kim Stein Director 1.00 0.00 X 0 0 0 Tanya Sussman Director 1.00 0.00 X 0 0 0 David Uram Director until 6/30/2020 1.00 0.00 X 0 0 0 Richard Uria Director 1.00 0.00 X 0 0 0 Rachel Weinberg Director 1.00 0.00 X 0 0 0 Chad Zimmerman Director 1.00 0.00 X 0 0 0 Coleman Brosilow Past President 1.00 0.00 X 0 0 0 Michael H Diamant Past President 1.00 0.00 X 0 0 0 Gary L Gross Past President 1.00 0.00 X 0 0 0 James D Levine Past President 1.00 0.00 X 0 0 0 Marc A Melamed Past President 1.00 0.00 X 0 0 0 Melinda Mersack Past President 1.00 0.00 X 0 0 0 Beth Rosenberg Past President 1.00 0.00 X 0 0 0 Kimball E Rubin Past President 1.00 0.00 X 0 0 0 Dr Sanford Timen Past President 1.00 0.00 X 0 0 0 Dara Yanowitz Past President 1.00 0.00 X 0 0 0 Theodore Einhorn Past President 1.00 0.00 X 0 0 0 146250 0 9111 1 0 1 0 0 652387 42100 130596 976227 1801310 Tuition Revenue 611600 2248892 2248892 Infant Care 611600 126496 126496 After School Activitie 611600 118340 118340 Admin Cost Reimburseme 611600 81066 81066 Kehillat Schechter 611600 24617 24617 2599411 14672 14672 46963 42100 38465 8498 8498 11384 11384 11384 4435275 2599411 0 34554 504728 504728 158854 136614 12708 9532 2294866 1973586 183589 137691 139900 120314 11192 8394 109715 94355 8777 6583 193292 166232 15463 11597 30143 30143 40469 39600 394 475 30797 3388 8315 19094 36820 13364 19228 4228 81476 63477 7809 10190 111728 91576 16793 3359 1259 982 113 164 7994 7994 292523 263270 23402 5851 Food 85362 85362 Educational supplies 78228 74317 3129 782 School activities 69792 69792 Maintenance and repairs 41699 37529 3336 834 144659 68197 59766 16696 4454304 3806683 412151 235470 275 151032 76342 73984 267709 469099 140892 83015 37814 14214 8341190 5363644 3226806 2977546 57216 51232 1693287 1657833 1253851 1342663 6754192 6820618 2189193 2464902 463724 448795 385021 0 81585 85658 0 514700 3119523 3514055 X 548849 42117 3085820 3264446 3634669 3306563 6754192 6820618 X -19029 -36188 -272889 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1835366 73802 -21088 59505 1828575 1807616 32462 57849 62561 1835366 1625342 142355 114027 74108 1807616 1384529 85601 216172 60960 1625342 1285384 167388 -16974 51269 1384529 0.08700 0.87090 0.04210 1 0 6758388 4038880 2719508 1566954 1309799 257155 15848 14965 883 2977546 Israel Bonds 40000 F Federation Main Investment Fund 1478711 F Federation Marketable Alternative Program 139122 F 1657833 Funds Held by Others 1342663 1342663 PPP Loan 514700 514700 X 3950128 -36188 55769 19581 3930547 504728 504728 4435275 4278234 328658 328658 3949576 504728 504728 4454304 Part V, Line 4: The most significant purpose of the endowment is tuition and support. Staff development, strategic planning, and educational program development are additional purposes. Part X, Line 2: The School is tax-exempt pursuant to section 501(c)(3) of the Internal Revenue Code. The School adopted the accounting standard on accounting for uncertainty in income taxes, which address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the School may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the School, and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2020, there were no unrecognized tax benefits identified or recorded as liabilities. Part XI, Line 2d - Other Adjustments: Change in value of funds held by others 17,304. Special event expenses netted against revenue 38,465. Part XI, Line 4b - Other Adjustments: Student aid netted against revenue 504,728. Part XII, Line 2d - Other Adjustments: Special event expenses netted against revenue 38,465. Adjustment of unfunded pension liability 290,193. Part XII, Line 4b - Other Adjustments: Student aid netted against revenue 504,728. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Gross Schechter Day School publicizes its nondiscriminatory policy on its website www.grossschechter.org, on its Facebook page, on all pamphlets or brochures distributed for recruitment, and on its applications for enrollment. Schedule E, Part I, Line 6 The school received $63,261 from the State of Ohio Department of Education for the Nonpublic Administrative Cost Reimbursement program. Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 Investments 40000 0 0 0 0 0 0 40000 0 40000 0 0 0 0 0 0 Part III Accounting Method: Rib Burn Off 66038 24100 41938 31934 2000 3973 Run/Walk 23025 18000 5025 558 89063 42100 46963 31934 2000 4531 38465 8498 1 Gross Schechter Scholarship for Students 69 504728 0 Part I, Line 2: Gross Schechter Day School (the School) is a private school for pre-kindergarten through eighth grade located in Pepper Pike, Ohio. The School receives an allocation from the annual campaign of the Jewish Federation of Cleveland (the Federation) and follows certain guidelines established by the Federation. The purpose of these funds is to provide pupils attending the School financial assistance. X X X 0 0 0 0 0 0 0 0 0 Randy Boroff Head of School 146250 0 0 0 0 0 0 0 9111 0 155361 0 0 0 Form 990, Part VI, Section A, line 2 Gary L. Gross - Past President, Sarah Zimmerman - Vice President, and Chad Zimmerman - Director have a family relationship. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by RSM US LLP, an independent accounting firm, and is reviewed by Gross Schechter Day School staff. The Form 990 is then distributed to the Board for review prior to being signed by the Board President and filed with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed annually at the initial meeting of the Board of Directors. In addition, any new key individuals are provided with a copy of the policy upon commencement of his or her employment. At the beginning of each school year, questionnaires are distributed to each member of the Board to complete regarding potential conflicts of interest. A staff member then reviews the forms for possible conflicts. Board Members recuse themselves if conflict exists. Form 990, Part VI, Section B, line 15a The compensation committee, comprised of Board members, meets annually to discuss the compensation of the top management official. Comparability data, such as compensation for the same position at other religious schools, is considered. The committee keeps confidential minutes of the meeting. A committee is formed to interview possible candidates for the Head of School position. The committee then does research on similar schools for salary comparison. They prepare a contract for the new hire, complete with a graduated compensation scale. The Board/Committee approves the compensation and the contract. Form 990, Part VI, Section C, line 19 The governing documents, various policies, and financial statements are available upon request through the front office for the same period of disclosure as set forth by IRC section 6104(d). Form 990, Part XI, line 9: Change in value of funds held by others 17,304. Adjustment of unfunded pension liability -290,193.