2021-04-09T18:29:15-05:00 2020-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2019-07-01 751022742 GREENHILL SCHOOL GREE 9726285400 4141 SPRING VALLEY ROAD ADDISON TX 75001 KENDRA GRACE CFO/COO 9726285400 2021-04-08 1 MATTHEW PETROSKI P00853132 9726611843 2021-03-30 2019 2022-09-23 18:48:47Z LEE HARK 4141 SPRING VALLEY ROAD ADDISON TX 75001 168877942 0 X GREENHILL.ORG X 1950 TX IN A DIVERSE AND INCLUSIVE COMMUNITY, GREENHILL PREPARES AND INSPIRES STUDENTS TO LEAD AUTHENTIC, PURPOSEFUL LIVES. 44 44 559 848 35025 0 3679315 3070323 42479356 43488578 2056959 6432723 868017 622326 49083647 53613950 4600890 4751416 0 0 28864309 28626783 0 0 1129513 13576668 14158275 47041867 47536474 2041780 6077476 145333297 147490301 28710764 26840865 116622533 120649436 IN A DIVERSE AND INCLUSIVE COMMUNITY, GREENHILL PREPARES AND INSPIRES STUDENTS TO LEAD AUTHENTIC, PURPOSEFUL LIVES. 0 0 40799144 4751416 43488578 DURING THE FISCAL YEAR ENDED JUNE 30, 2020. GREENHILL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,320 STUDENTS IN GRADES PRE-K THROUGH 12. 40799144 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 76 0 1 559 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC HI MD MA MI NH OR SC WA X KENDRA GRACE 9726285517 4141 SPRING VALLEY ROAD ADDISON TX 75001 HOLLAND P GARY BOARD CHAIR 5.00 X X 0 0 0 ROY KIM ASSISTANT CHAIR/SECRETARY 1.00 X X 0 0 0 GRACE SMITH FINANCE CHAIR/TREASURER 1.00 X X 0 0 0 AUGUSTO SASSO BOARD CHAIR-ELECT 1.00 X X 0 0 0 LESLIE BENNERS TRUSTEE 1.00 X 0 0 0 JOE CHU TRUSTEE 1.00 X 0 0 0 ALBERTINA M CISNEROS TRUSTEE 1.00 X 0 0 0 KOSHI DHINGRA EDD TRUSTEE 1.00 X 0 0 0 MEGAN CONSIDINE TRUSTEE 1.00 X 0 0 0 AARON ENRICO TRUSTEE 1.00 X 0 0 0 DAVID FOX TRUSTEE 1.00 X 0 0 0 LOUIS GENNARELLI TRUSTEE 1.00 X 0 0 0 DAVID C GREENSTONE TRUSTEE 1.00 X 0 0 0 KENJI HASHIMOTO TRUSTEE 1.00 X 0 0 0 JAY HENRY TRUSTEE 1.00 X 0 0 0 KARLYN HERLITZ TRUSTEE 1.00 X 0 0 0 ZACK HICKS TRUSTEE 1.00 X 0 0 0 RACHEL LADIN TRUSTEE 1.00 X 0 0 0 JET LI TRUSTEE 1.00 X 0 0 0 CLAYTON LOUGEE TRUSTEE 1.00 X 0 0 0 MARLO MELUCCI TRUSTEE 1.00 X 0 0 0 RICH MOSES TRUSTEE 1.00 X 0 0 0 ADRIANA PERALES TRUSTEE 1.00 X 0 0 0 DAVID PODOLSKY TRUSTEE 1.00 X 0 0 0 TRACY RATHBUN TRUSTEE 1.00 X 0 0 0 JENNIPHER RICE TRUSTEE 1.00 X 0 0 0 ASHLEY SCHEER TRUSTEE 1.00 X 0 0 0 HARDEEP SEHGAL TRUSTEE 1.00 X 0 0 0 BRUCE SOSTEK TRUSTEE 1.00 X 0 0 0 BHARTI SUBRAMANIAN PHD TRUSTEE 1.00 X 0 0 0 BETH THOMAS TRUSTEE 1.00 X 0 0 0 LORI WHITTEN TRUSTEE 1.00 X 0 0 0 LINDA WIMBERLY TRUSTEE 1.00 X 0 0 0 BING XIE TRUSTEE 1.00 X 0 0 0 JEFF ZLOTKY TRUSTEE 1.00 X 0 0 0 JOAN HILL EDD TRUSTEE 1.00 X 0 0 0 LESTER LEVY JR TRUSTEE 1.00 X 0 0 0 YASMIN BHATIA TRUSTEE 1.00 X 0 0 0 LAUREN PRITCHARD GOODMAN TRUSTEE 1.00 X 0 0 0 CLIFFORD WEINER TRUSTEE 1.00 X 0 0 0 DANIEL T PHILLIPS LIFETIME TRUSTEE 1.00 X 0 0 0 E PIERCE MARSHALL JR LIFETIME TRUSTEE 1.00 X 0 0 0 MOLLY FULTON SEELIGSON LIFETIME TRUSTEE 1.00 X 0 0 0 RUSTY JAGGERS LIFETIME TRUSTEE 1.00 X 0 0 0 LEE HARK HEAD OF SCHOOL 60.00 X 520187 0 143671 KENDRA GRACE CFO/COO 50.00 X 264520 0 34491 MICHAEL SIMPSON HEAD OF LOWER SCHOOL 50.00 X 220773 0 65242 TREVOR WORCESTER HEAD OF UPPER SCHOOL 50.00 X 188234 0 38798 SUSAN T PALMER HEAD OF MIDDLE SCHOOL 50.00 X 164242 0 19547 SUSAN HOLMES CHIEF ADVANCEMENT OFFICER 50.00 X 216752 0 44966 THOMAS R PERRYMAN ASSISTANT HEAD OF SCHOOL 50.00 X 164410 0 20161 SCOTT GRIGGS CONSULTANT 10.00 X 149040 0 0 1888158 0 366876 43 1 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICES 1629836 GENERAL SPORTS SURFACES LLC 8717 FORUM WAY SUITE E FORT WORTH TX 76140 CONSTRUCTION SERVICES 877257 SELECT COMMERICAL SERVICES LLC 1801 ROYAL LANE SUITE 110 DALLAS TX 75229 CUSTODIAL SERVICES 658975 MDI GENERAL CONTRACTORS 1225 LAKESHORE DR 100 COPPELL TX 75019 CONSTRUCTION SERVICES 416027 TRIDENT RESPONSE GROUP LLC 1319 CRAMPTON ST DALLAS TX 75207 SECURITY SERVICES 349465 16 189327 2880996 356820 3070323 TUITION AND FEES 611110 38601250 38601250 CAFETERIA 722210 1583236 1583236 SUMMER PROGRAMS 713990 1390527 1390527 AUX SERVICES 611110 717777 717777 EXTENDED DAY 611110 672525 672525 523263 471561 51702 43488578 1765779 -16677 1782456 5990 5990 339393 8077 331316 331316 331316 119597250 114930306 4666944 4666944 4666944 280352 189327 130237 150115 150115 36853 5535 31318 31318 293424 189837 103587 103587 53613950 43436876 35025 7071726 4751416 4751416 559983 435472 108077 16434 72049 72049 20726335 17745693 2325620 655022 1129754 971588 124273 33893 4625808 3580917 907742 137149 1512854 1210538 262105 40211 1800 1800 80000 80000 292813 292813 4054910 3458160 571176 25574 86711 86711 1049910 871829 100363 77718 741080 632941 94960 13179 805855 770768 31018 4069 158462 108258 27854 22350 94374 76303 14217 3854 4007336 3835021 152278 20037 441114 354656 74989 11469 OTHER EXPENSES 951730 640719 245926 65085 STUDENT ACTIVITIES 740354 740354 REPAIRS AND MAINTENCE 568853 542462 22922 3469 BAD DEBT 82973 82973 47536474 40799144 5607817 1129513 3670 7845903 19446805 37364169 6066202 3610617 74318 46161 91201 88929 93047 161389 1601537 988735 115450311 60934372 55950656 54515939 26880080 7155813 35058281 35571021 67500 141625 145333297 147490301 2552103 1858376 26091161 24800435 67500 182054 28710764 26840865 X 95573305 100747551 21049228 19901885 116622533 120649436 145333297 147490301 6077476 -2050573 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187174 X X 1 44522304 3258633 3725865 162540 1351460 49992802 39822029 3566750 2528065 159850 1234690 44522304 35673471 605322 2594166 157066 -1106136 39822029 39807757 494719 3456950 156060 7929895 35673471 49016695 577130 -623233 155540 9007295 39807757 0.68100 0.31900 0.00000 1 0 252963 252963 94685136 42620777 52064359 7527825 6235989 1291836 12221655 11595867 625788 762732 481739 280993 54515939 COMMONFUND - CAPITAL PARTNERS 2000 32214 F LANDMARK EQUITY PARTNERS XIV 86378 F ADAMS STREET PARTNERS - 2017 FUND PROGRAM 1447147 F ALPHAGEN EUROPEAN BEST IDEAS FUND 1331591 F DAVIDSON KEMPNER DISTRESSED OPPORTUNITIES 1394805 F OCA CMTG (CLAROS MORTGAGE TRUST) 1800000 F OCA OHA CREDIT (OAK HILL OPPORTUNISTIC CREDIT) 2222301 F RA CAPITAL HEALTHCARE 2874983 F SEQUOIA GLOBAL EQUITIES 2369151 F OCA SCHONFELD STRATEGIC ADVISORS 2360284 F GOLUB CAPITAL PARTNERS 426839 F LEXINGTON CAPITAL PARTNERS IX 184352 F VANGUARD S&P 500 INDEX FUND 9694354 F EDGEWOOD GROWTH FUND 2256418 F MATTHEWS ASIAN DIVIDEND FUND 1158358 F AKRE FOCUS FUND 2602054 F WCM INTERNATIONAL GROWTH FUND 2132342 F ANGEL OAK MULTI-STRATEGY INCOME FUND 1197450 F 35571021 NONQUALIFIED DEFERRED COMP 182054 182054 X 46894898 -2050573 42064 -4751416 -6759925 53654823 292813 -333686 -40873 53613950 42867995 42064 333686 375750 42492245 292813 4751416 5044229 47536474 PART III, LINE 4: OVER A PERIOD OF TIME THE SCHOOL HAS RECEIVED CONTRIBUTIONS OF WORKS OF ART AND FURNISHINGS TO BE EXHIBITED IN VARIOUS LOCATIONS ON THE CAMPUS. THESE ITEMS HAVE BEEN CAPITALIZED AS COLLECTIONS. THE COLLECTIONS ARE RECORDED AT APPRAISED VALUE WHEN DONATED. THE SCHOOL UNDERTAKES TO CARE FOR, PROTECT, AND PRESERVE SUCH CONTRIBUTED WORKS OF ART AND FURNISHING. COLLECTION ITEMS ARE INSPECTED PERIODICALLY AND REPAIRED AS REQUIRED. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2020 AND 2019, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -4,751,416. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -130,237. GAMING EXPENSES -5,535. COST OF GOODS SOLD -189,837. RENTAL EXPENSES -8,077. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 130,237. GAMING EXPENSES 5,535. COST OF GOODS SOLD 189,837. RENTAL EXPENSES 8,077. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,751,416. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 GREENHILL SCHOOL PRINTS A NON-DISCRIMINATORY STATEMENT PUBLISHED ON WEBSITE AND ON ALL PUBLICATIONS PROVIDED TO FAMILIES/STUDENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS FOREIGN INVESTMENT FUNDS 6951736 NORTH AMERICA 0 0 INVESTMENTS FOREIGN INVESTMENT FUNDS 2874983 0 0 0 0 0 0 9826719 0 9826719 1 0 0 1 1 0 PART I, LINE 3: GREENHILL USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES IN FOREIGN REGIONS. THIS REPORTING METHODOLOGY IS CONSISTENT WITH THE ORGANIZATION'S FINANCIAL STATEMENTS. PART III ACCOUNTING METHOD: GALA 469679 189327 280352 578 36119 46924 24500 22116 469679 189327 280352 578 36119 46924 24500 22116 130237 150115 36853 5000 19 516 1 1.00000 36853 5000 19 516 5535 31318 TX 0 THE ONLY GAMING ACTIVITIES OF THE SCHOOL ARE RAFFLES COVERED BY THE TEXAS CHARITABLE ENABLING ACT. THE SCHOOL ADHERES TO THIS ACT. 0 1 0 1.00000 MATTHEW MARTINSON 4141 SPRING VALLEY RD ADDISON TX 75001 0 ANN CARTER 0 SUPERVISION OF RAFFLE TICKET SALES/PRIZE AWARDING. X 0 1 FINANCIAL AID 244 4751416 FMV TUITION PART I, LINE 2: FINANCIAL AID IS AWARDED BASED SOLELY UPON DEMONSTRATED FINANCIAL NEED. A FAMILY'S NEED IS ASSESSED ANNUALLY THROUGH A COMPREHENSIVE REVIEW PROCESS. THE ANNUAL PROCESS REQUIRES THAT THE FAMILY COMPLETE AN APPLICATION AND PROVIDE A FULL SET OF TAX RETURNS INCLUDING ALL SUPPORTING SCHEDULES, EACH YEAR THAT THEIR CHILD IS ATTENDING THE SCHOOL. TO DETERMINE THE APPROPRIATE FINANCIAL AID, THE SCHOOL UTILIZES A STANDARD METHODOLOGY PROVIDED BY SCHOOL AND STUDENT SERVICES (SSS) WHICH IS USED BY INDEPENDENT SCHOOLS NATIONWIDE. THIS METHODOLOGY CALCULATES A CONTRIBUTION FOR EACH INDIVIDUAL FAMILY BASED UPON THE FAMILY'S SPECIFIC FINANCIAL SITUATION AND DISCRETIONARY INCOME. PRIOR TO MAKING AN AWARD, EACH APPLICANT'S FILE AND PROPOSED AWARD IS CAREFULLY REVIEWED BY A COMMITTEE TO ENSURE THE DECISIONS ARE BASED ON CONSISTENT APPLICATION OF NEED BASED CRITERIA. AID IS AWARDED TO STUDENTS AS A REDUCTION IN THEIR TUITION. NO CASH IS DISTRIBUTED TO RECIPIENTS. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 LEE HARK HEAD OF SCHOOL 382500 0 75000 0 62687 0 86625 0 57046 0 663858 0 0 0 KENDRA GRACE CFO/COO 257512 0 0 0 7008 0 12876 0 21615 0 299011 0 0 0 MICHAEL SIMPSON HEAD OF LOWER SCHOOL 168285 0 0 0 52488 0 10097 0 55145 0 286015 0 0 0 TREVOR WORCESTER HEAD OF UPPER SCHOOL 180285 0 0 0 7949 0 13463 0 25335 0 227032 0 0 0 SUSAN T PALMER HEAD OF MIDDLE SCHOOL 164242 0 0 0 0 0 13139 0 6408 0 183789 0 0 0 SUSAN HOLMES CHIEF ADVANCEMENT OFFICER 202750 0 0 0 14002 0 10138 0 34828 0 261718 0 0 0 THOMAS R PERRYMAN ASSISTANT HEAD OF SCHOOL 164410 0 0 0 0 0 13153 0 7008 0 184571 0 0 0 SCOTT GRIGGS CONSULTANT 149040 0 0 0 0 0 0 0 0 0 149040 0 0 0 PART I, LINE 4B THE ORGANIZATION'S HEAD OF SCHOOL LEE HARK PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. THE SCHOOL CONTRIBUTED $72,625 TO THE PLAN DURING THE 2019 CALENDAR YEAR. LEE HARK OFFICER HOME DOWN PAYMENT X 99562 88929 0 1 1 88929 NATHANIEL REID - GRIGGS FAMILY MEMBER OF FORMER OFFICER 72738 COMPENSATION TO EMPLOYEE 0 X 4 34645 FMV X 17891 FMV X 8 152896 FMV X TRAVEL/TRIPS 15 72102 FMV X MEALS & ENTERTAINMENT 113 69286 FMV X MATERIALS FOR SCHOOL SIGNAGE 1 10000 0 1 1 PART I, COLUMN (B): THIS IS THE NUMBER OF CONTRIBUTIONS MADE NOT THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE ORGANIZATION USES THE SERVICES OF A THIRD PARTY, RAYMOND JAMES, TO LIQUIDATE NON-CASH STOCK DONATIONS. SUCH LIQUIDATION IS USUALLY UNDERTAKEN WITHIN DAYS OF RECEIPT OF THE CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 1 PER ARTICLE V, SECTION 51 OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF UP TO FOURTEEN TRUSTEES, INCLUDING THE CHAIR, THE CHAIR-ELECT, THE SECRETARY/ASSISTANT CHAIR, THE TREASURER, THE CHAIRPERSONS OF ALL COMMITTEES, AND AT-LARGE MEMBERS NOMINATED BY THE CHAIR AT HIS OR HER DISCRETION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL POWER AND AUTHORITY VESTED IN THE BOARD IN THE MANAGEMENT OF THE BUSINESS, PROPERTY, AND AFFAIRS OF THE ORGANIZATION (INCLUDING, WITHOUT LIMITATION, THE ADOPTION OF ADVISORY POLICIES WITH RESPECT TO THE MANAGEMENT AND OPERATIONS OF THE ORGANIZATION), EXCEPT IN RESPECT OF REMOVAL OR ELECTION OF TRUSTEES AND OFFICERS OF THE CORPORATION AND AMENDMENT OF THE BYLAWS, AND ALL SHALL HAVE SUCH OTHER POWER AND AUTHORITY AS SHALL BE EXPRESSLY DELEGATED TO IT BY THE BOARD BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES, THEN IN OFFICE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND PRESENTED TO THE AUDIT COMMITTEE BY OUR OUTSIDE CPA FIRM, THE AUDIT COMMITTEE CHAIR THEN PRESENTS IT TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. A COPY IS PROVIDED TO ALL VOTING BOARD MEMBERS USING A SECURE WEB PORTAL. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS, AS WELL AS ALL EMPLOYEES WITH PURCHASING RESPONSIBILITY. THE POLICY IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL AND THE EMPLOYEE POLICIES AND PROCEDURES MANUAL. THE POLICY REQUIRES THE DISCLOSURE OF ANY COMPENSATION RECEIVED FROM THE ORGANIZATION AND ANY RELATIONSHIPS WITH RELATED PARTIES (REPORTED IN FORM 990, PART VI AND SCHEDULE 0). AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. IF THAT MATTER INVOLVES AN ADMINISTRATOR, FACULTY MEMBER OR OTHER EMPLOYEE, HE OR SHE SHOULD ADVISE THE HEAD OF SCHOOL. IF THE MATTER INVOLVES THE CHAIR OF THE BOARD, HE OR SHE SHOULD ADVISE THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE, THE CHAIR OF THE BOARD, THE HEAD OF SCHOOL, OR THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE. AS THE CASE MAY BE, SHOULD THEN CONSULT WITH SUCH PERSONS, PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS HE, SHE, OR IT CONSIDERS APPROPRIATE TO ADDRESS THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF THE SCHOOL'S COMPENSATION IS OUTLINED IN HIS CONTRACT WHEN THE CONTRACT IS UP FOR RENEWAL, THE COMPENSATION COMMITTEE BENCHMARKS THE COMPENSATION AGAINST OTHER SCHOOLS AND OUTLINES EACH YEAR'S COMPENSATION IN THE CONTRACT. THE CFO/COO'S COMPENSATION IS BASED UPON EXPERIENCE. THE CFO/COO RECEIVES THE MERIT INCREASE FOR ADMINISTRATORS AS ESTABLISHED ANNUALLY BY THE BOARD. BOTH THE HEAD OF SCHOOL AND CFO/COO'S COMPENSATIONS ARE ADDITIONALLY REVIEWED EACH YEAR BY THE AUDIT AND RISK MANAGEMENT COMMITTEE IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS AND ALL DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XII, LINE 2C GREENHILL SCHOOL HAS AN AUDIT AND RISK MANAGEMENT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT AUDIT AND THE RESULTING FINANCIAL STATEMENTS. THE AUDIT AND RISK MANAGEMENT COMMITTEE IS ALSO RESPONSIBLE FOR ASSESSING AND SELECTING THE EXTERNAL AUDIT FIRM OF GREENHILL SCHOOL. GREENHILL SCHOOL DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FOR THE APPOINTMENT OF THE EXTERNAL AUDIT FIRM DURING THE TAX YEAR CURRENTLY REPORTED ON.