2021-05-15T08:13:01-05:00 2020-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2019-07-01 134013334 CARMEL ACADEMY CARM 2038639663 270 LAKE AVENUE GREENWICH CT 06830 ROCHELLE TARLOWE TREASURER 2038639663 2021-05-14 1 JAMES J REILLY P00183769 2126617777 2019 2022-09-23 18:48:47Z ROCHELLE TARLOWE 270 LAKE AVENUE GREENWICH CT 06830 9063796 0 X WWW.CARMELACADEMY.COM X 1997 NY CARMEL ACADEMY IS AN EDUCATIONAL INSTITUTION THAT STRETCHES EACH CHILD'S INTELLECT AND CREATIVITY; THAT IS PASSIONATE ABOUT JEWISH IDENTITY AND VALUES; THAT IS COMMITTED TO THE BETTERMENT OF OUR WORLD AND A STRONG BOND WITH THE STATE OF ISRAEL. OUR FACULTY MODELS IT ... OUR STUDENTS LIVE IT. 20 20 106 20 0 0 1017174 890847 7274203 5600639 129023 8541 1328884 1433820 9749284 7933847 1751456 1719280 0 0 6423190 5449178 0 0 232726 3551008 3026239 11725654 10194697 -1976370 -2260850 25290836 24055388 16094954 17148245 9195882 6907143 X CARMEL ACADEMY IS AN EDUCATIONAL INSTITUTION THAT STRETCHES EACH CHILD'S INTELLECT AND CREATIVITY; THAT IS PASSIONATE ABOUT JEWISH IDENTITY AND VALUES; THAT IS COMMITTED TO THE BETTERMENT OF OUR WORLD AND A STRONG BOND WITH THE STATE OF ISRAEL. OUR FACULTY MODELS IT ... OUR STUDENTS LIVE IT. 0 1 8520309 1719280 5670872 CARMEL ACADEMY IS A FORWARD-THINKING PRIVATE SCHOOL FOR CHILDREN OF ALL JEWISH AFFILIATIONS, OFFERING EACH OF ITS STUDENTS AN EXCEPTIONAL, CHALLENGING AND CREATIVE EDUCATIONAL EXPERIENCE FROM KINDERGARTEN THROUGH EIGHTH GRADE. ACCREDITED WITH DISTINCTION BY THE CONNECTICUT ASSOCIATION OF INDEPENDENT SCHOOLS, CARMEL ACADEMY'S MULTI- ISCIPLINARY EDUCATIONAL APPROACH ENCOURAGES ITS STUDENTS TO MAKE CONNECTIONS BETWEEN THE CLASSROOM AND THE WORLD. EXPERIENCED, PASSIONATE MASTER TEACHERS BRING THE SCHOOL'S EDUCATIONAL PHILOSOPHY TO LIFE, INSTILLING CREATIVITY, CRITICAL THINKING AND A JOY OF LEARNING IN EACH STUDENT. WITH THE BENEFITS OF A LOW STUDENT-TEACHER RATIO AND A DYNAMIC, DIFFERENTIATED LEARNING ENVIRONMENT, STUDENTS MASTER THE KNOWLEDGE ESSENTIAL TO CONTINUE ON TO THE FINEST SECONDARY SCHOOLS, AS WELL AS TO THINK CRITICIALLY AND IN A BROADER SCOPE.THE SCHOOL'S EXPERT EDUCAITONAL LEADERSHIP DESIGNED CARMEL ACADEMY'S DUAL CURRICULUM FROM THE GROUND UP - INCORPORATING ONLY THE HIGHEST IN NATIONAL STANDARDS - TO INTEGRATE GENERAL AND JUDAIC KNOWLEDGE THROUGHOUT THE DAY. 8520309 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 106 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X YAEL SLONIM CARMEL ACADEMY 2038639663 270 LAKE AVENUE GREENWICH CT 06830 NORA ANDERSON HEAD OF SCHOOL 40.00 X 234426 0 35827 SETH YOUNG ASSOC HEAD OF SCHOOL 40.00 X 118843 0 29400 YAEL SLONIM CHIEF OPERATING OFFICER 40.00 X 100324 0 0 JONATHAN MALKIN PRESIDENT 1.00 X X 0 0 0 YALE PAPRIN VICE PRESIDENT 1.00 X X 0 0 0 PAMELA FELDSTEIN VICE PRESIDENT 1.00 X X 0 0 0 ROCHELLE TARLOWE TREASURER 1.00 X X 0 0 0 ROBYE MARGOLIUS SECRETARY 1.00 X X 0 0 0 EMANUEL CITRON DIRECTOR 1.00 X 0 0 0 COLIN DIAMOND DIRECTOR 1.00 X 0 0 0 ALIX EBEN DIRECTOR 1.00 X 0 0 0 IVAN HORAK DIRECTOR 1.00 X 0 0 0 GILAD KALTER DIRECTOR 1.00 X 0 0 0 MICHAEL KAPLAN DIRECTOR 1.00 X 0 0 0 EVAN LEVY DIRECTOR 1.00 X 0 0 0 DAVID NAPACH DIRECTOR 1.00 X 0 0 0 JEFFREY RICHARD DIRECTOR 1.00 X 0 0 0 STUART ROTH DIRECTOR 1.00 X 0 0 0 ADAM SAFER DIRECTOR 1.00 X 0 0 0 CORI SANOGUEIRA DIRECTOR 1.00 X 0 0 0 RACHEL SCHNEIDER DIRECTOR 1.00 X 0 0 0 PHILIP STEINMETZ DIRECTOR 1.00 X 0 0 0 NOAH YECHIELY DIRECTOR 1.00 X 0 0 0 453593 0 65227 3 0 1 0 0 890847 890847 STUDENT TUITION & FEES 611600 5584656 5584656 OTHER PROGRAMS 611600 15983 15983 5600639 15075 15075 1363587 0 1363587 1363587 1363587 1123415 1129949 -6534 -6534 -6534 OTHER 900099 70233 70233 70233 7933847 5670872 0 1372128 1719280 1719280 341091 295283 34723 11085 4336184 3753835 441423 140926 364875 315873 37143 11859 407028 352363 41437 13228 111313 96364 11331 3618 264314 228816 26908 8590 31967 27674 3254 1039 163071 151954 8427 2690 199793 197563 1690 540 8525 7380 868 277 703197 703197 780000 675246 79404 25350 148316 128397 15099 4820 REPAIRS AND MAINTENANCE 223166 222174 752 240 OTHER 156475 139868 12588 4019 ACTIVITY AND EVENTS 123991 107339 12622 4030 REAL ESTATE TAXES 56076 56076 56035 44824 10796 415 10194697 8520309 1441662 232726 538343 655818 123828 110528 1009971 1089797 4966 28188 32882179 11299164 22359785 21583015 1137590 448330 116353 139712 25290836 24055388 578758 541132 552902 239411 3614000 4696970 10602058 10293018 747236 1377714 16094954 17148245 X 9131882 6907143 64000 0 9195882 6907143 25290836 24055388 X -2260850 -7466 -20423 X X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6230568 6230568 24674417 9503657 15170760 1462859 1343023 119836 514335 452484 61851 21583015 ACCRUED INTEREST 909737 INTEREST RATE SWAP AGREEMENT 57362 CAPITAL EXPENDITURE RENT 410615 1377714 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY IS A JEWISH DAY SCHOOL AND PRIMARILY PUBLICIZES IN THE JEWISH COMMUNITY. IT HAS A NON-DISCRIMINATORY POLICY AND THERE ARE MINORITY JEWISH STUDENTS THAT APPLY AND ATTEND. SCHEDULE E, PART I, LINE 4 WE DON'T MAINTAIN A COMPLETE OR ACCURATE RECORD OF RACIAL COMPOSITION OF THE STUDENT BODY. WE DO NOT TRACK OR RECORD ETHNICITY FOR FACULTY OR STAFF. 1 TUITION ASSISTANCE 336 1719280 PART I, LINE 2: ASSISTANCE DECISIONS ARE GUIDED BY FINANCIAL DATA SUBMITTED BY PARENTS TO THE DIRECTOR OF FINANCE AND OPERATIONS. THIS FINANCIAL INFORMATION, ALONG WITH THE NAMES OF FAMILIES WHO ULTIMATELY RECEIVE TUITION ASSISTANCE, IS KEPT CONFIDENTIAL AND NOT SHARED WITH ANY MEMBER OF THE CARMEL ACADEMY COMMUNITY. TUITION ASSISTANCE IS AWARDED ANNUALLY AND FOR ONE YEAR AT A TIME. X X X 0 0 0 0 0 0 0 0 0 NORA ANDERSON HEAD OF SCHOOL 234426 0 0 0 0 0 15312 0 20515 0 270253 0 0 0 A COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 999999999 2014-02-05 12000000 TO REFINANCE BORROWER DEBT FROM FJC AND THE CONDUIT FOUNDATION 0 0 0 A 12000000 239000 11761000 2021 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 M&T TRUST COMPANY 7.000000000000 0 0 0 0 0 A 0 FORM 990, PART III, LINE 3 DUE TO THE CORONAVIRUS PANDEMIC THE SCHOOL CEASED OPERATIONS IN JUNE 30, 2020. FORM 990, PART VI, SECTION A, LINE 8B NOT ALL COMMITTEES OF THE ACADEMY TOOK NOTES AT THEIR MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER WAS PROVIDED A COPY OF THE 990 BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND SENIOR ADMINISTRATORS MUST SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL CONTRACT WAS NEGOTIATED BY HEAD OF SCHOOL EVALUATION COMMITTEE IN CONSULTATION WITH HEAD OF CAIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP -20,423. PART I - PART XII - FINANCIAL STATEMENT & REPORTING PLEASE BE ADVISED THE AUDIT OF THE BOOKS AND RECORDS OF THE CARMEL ACADEMY HAS NOT BEEN COMPLETED. THEREFORE, CHANGES TO THE BOOKS AND RECORDS MAY BE REQUIRED, AND IF SO, THE ENCLOSED TAX RETURN MAY NEED TO BE AMENDED.