2021-05-15T20:59:22-05:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2019-07-01 050258934 PROVIDENCE COUNTRY DAY SCHOOL PROV 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 JOHN MULLEN PRESIDENT OF THE BOARD OF TRUSTEES 4014385170 2021-05-15 1 GARRETT M HIGGINS P00543209 4016216200 2021-05-13 2019 2022-09-23 18:48:47Z JOHN MULLEN 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 9010981 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. 19 19 124 54 0 0 2215323 1080343 8257619 7918463 371 66 -61045 1036 10412268 8999908 3740142 3783500 0 0 3752446 3617535 0 0 271579 2152900 1913420 9645488 9314455 766780 -314547 8301579 8679196 4671069 5445492 3630510 3233704 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 6907292 3783500 7681281 INSTRUCTION AND STUDENT ACTIVITIES: INCLUDES ACADEMIC INSTRUCTION AND EXTRACURRICULAR STUDENT ACTIVITIES. THE SCHOOL RESPONDED TO THE COVID-19 PANDEMIC BY TRANSITIONING TO ONLINE INSTRUCTION FROM MARCH 28, 2020 THROUGH THE END OF THE SCHOOL YEAR. 291194 448944 AUXILLARY SERVICES - FOOD SERVICES, TEXTBOOKS, ATHLETICS AND FUNCTIONS. 7198486 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 124 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARY MILLARD 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 02914 KEVIN FOLAN HEAD OF SCHOOL 40.00 X 156400 0 21441 JOHN MULLEN 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 0 0 0 DAVID N BAZAR PAST PRESIDENT 5.00 X 0 0 0 DOUGLAS AMES TRUSTEE 5.00 X 0 0 0 CAROLINE BAZAR APARO TRUSTEE 5.00 X 0 0 0 MATTHEW BEARDWOOD TRUSTEE 5.00 X 0 0 0 KATHERINE GOETZ TRUSTEE 5.00 X 0 0 0 EVAN GOLDSTEIN TRUSTEE 5.00 X 0 0 0 AMY HICKS TRUSTEE 5.00 X 0 0 0 ANDREW KELTON TRUSTEE 5.00 X 0 0 0 ROBERT KHOURY TRUSTEE 5.00 X 0 0 0 STEPHEN MARSELLA TRUSTEE 5.00 X 0 0 0 LUIS MATOS TRUSTEE 5.00 X 0 0 0 PAULA MCNAMARA VICE-PRESIDENT 5.00 X X 0 0 0 PATRICK MCQUADE TRUSTEE 5.00 X 0 0 0 SUZANNE OPPENHEIMER TRUSTEE 5.00 X 0 0 0 JOANNA SALTONSTALL TRUSTEE 5.00 X 0 0 0 156400 0 21441 1 0 1 0 FLIK DINING SERVICES INC 2 INTERNATIONAL DRIVE RYE NY 10573 DINING SERVICES 281057 SUPERIOR CONSTRUCTION GROUP 55 JOHN CLARK ROAD MIDDLETOWN RI 02842 MIDDLE SCHOOL RENOVATIONS 247700 2 1080343 303028 1080343 TUITION & FEES 611710 7681281 7681281 OTHER PROGRAMS 611710 160340 160340 AUXILIARY SERVICES 611710 76842 76842 7918463 66 66 12109 11073 1036 1036 8999908 7919499 0 66 3783500 3783500 156400 106352 50048 2943620 1913353 824214 206053 37905 23031 12099 2775 258395 167855 78779 11761 221215 120746 87369 13100 280337 280337 63860 63860 35617 35617 18455 18455 29275 29275 45873 45873 34395 12627 21768 297980 223485 44697 29798 53141 53141 59437 24381 35056 151823 151823 409395 296996 112399 46283 46283 SUPPLIES 132310 116131 16179 EQUIP RENT/MAINTENANCE 111916 51449 60467 PROMOTIONAL 44735 44735 BAD DEBT EXPENSE 30697 30697 67891 25102 34697 8092 9314455 7198486 1844390 271579 522805 1309280 3974 4021 1259106 972445 25782 16550 13343181 8927300 4424631 4415881 1986450 1887893 78831 73126 8301579 8679196 722946 541814 559144 703704 2567270 3388979 1084654 0 548050 4671069 5445492 X 115403 -107393 3515107 3341097 3630510 3233704 8301579 8679196 X -314547 3 -82262 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1986450 80824 -1063 81199 18455 1966557 1955071 32172 96412 79422 17783 1986450 1851096 22437 176573 77576 17459 1955071 1680304 22079 242049 76332 17004 1851096 1720629 80809 -33015 71528 16591 1680304 1.00000 1 0 248193 248193 12057647 8005403 4052244 507154 444595 62559 530187 477302 52885 4415881 BENEFICIAL INTEREST IN COMMUNITY FOUNDATION 1887893 F 1887893 PPP LOAN 548050 548050 X 5416614 -71189 -71189 5487803 18455 3493650 3512105 8999908 5813423 11073 11073 5802350 18455 3493650 3512105 9314455 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: UNCERTAINTY IN INCOME TAXES: 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, 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 11,073. CHANGE IN FAIR VALUE OF BENEF. INTEREST IN ASSETS HELD BY COMM. FOUNDATION -82,262. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLORSHIPS 3,493,650. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 11,073. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 3,493,650. 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 ADVERTISES ITS RACIALLY NON DISCRIMINATORY POLICY IN NEWSPAPER ADS AND IN THE SCHOOL'S PRINTED PUBLICATIONS DISTRIBUTED TO THE PUBLIC DESCRIBING THE SCHOOL PROGRAM. 1 FINANCIAL AID FOR STUDENTS ATTENDING PROVIDENCE COUNTRY DAY SCHOOL. 147 3493650 VALUE OF TUITION REDUCTION APPROVED BY BOARD OF TRUSTEES. REDUCTION OF GROSS TUITION. 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, DETERMINES THE INDIVIDUAL AWARDS TO BE GIVEN OUT TO STUDENTS BASED ON THE NEEDS OF THE STUDENTS. ONCE AN AWARD IS GRANTED, AN ACCEPTANCE LETTER IS SIGNED BY 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 156400 0 0 0 0 0 3128 0 18313 0 177841 0 0 0 SCH J PART I LINE 1A THE SCHOOL PAID SOCIAL CLUB MEMBERSHIP DUES FOR THE HEAD OF SCHOOL FOR BUSINESS USE. THIS AMOUNT WAS TREATED AS NONTAXABLE UNDER IRC SECTION 132. A RHODE ISLAND COMMERCE CORPORATION 050356994 000000000 2017-12-28 2567270 REFINANCE EXISTING DEBT AND IMPROVEMENT/UPGRADE OF THE SCHOOL'S CAMPUS. 0 0 0 A 2567270 51345 938856 1577069 2017 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 1 A 0 X 12 303028 AVG. SELLING PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS REVIEWED IN DETAIL BY THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BUSINESS MANAGER MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY VERBALLY WITH THOSE INDIVIDUALS INVOLVED. FORM 990, PART VI, SECTION B, LINE 15 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. FORM 990, PART VI, SECTION C, LINE 19 IN ORDER FOR THE PUBLIC TO REVIEW THE GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS OF THIS ORGANIZATION, THEY ARE REQUIRED TO REQUEST IN WRITING TO THE BOARD OF TRUSTEES TO SEE THE DOCUMENTS. THE BOARD OF TRUSTEES WOULD THEN AUTHORIZE THE FORM TO BE MADE AVAILABLE FOR PUBLIC INSPECTION WITHIN 24 HOURS OF THE REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF BENEF. INTEREST IN ASSETS HELD BY COMM. FOUNDATION -82,262. ROUNDING FORM 990 PART XI, ITEM 2C THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPDENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.