2021-07-15T10:16:43-05:00 2020-08-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2019-09-01 980013401 ST STEPHEN'S SCHOOL STST 2125057409 15 GRAMERCY PARK SO NEW YORK NY 10003 ELIZABETH MORRIS CHAIR 2125057409 2021-07-13 1 MARK GORCZYCA P01781464 5184596700 2021-07-13 2019 2022-09-23 18:48:47Z ELIZABETH MORRIS 15 GRAMERCY PARK SO NEW YORK NY 10003 14445329 0 X WWW.SSSROME.IT X 1962 CT EDUCATIONAL (HIGH SCHOOL) 28 26 18 26 0 0 396056 262439 10231972 10696675 153128 225161 415205 313610 11196361 11497885 667078 712507 0 0 5929827 6597194 0 0 173807 3909026 4074865 10505931 11384566 690430 113319 18266685 20663959 10138046 11267878 8128639 9396081 REVENUES PROVIDE FOR THE PRIMARY OBJECTIVES OF THE SCHOOL: ACADEMIC EXCELLENCE, THE FOSTERING OF SENSE OF FELLOWSHIP AMONG STUDENTS AND FACULTY, AND THE PROMOTION OF STUDENTS AS INDEPENDENT, RESPONSIBLE AND RESPONSIVE CONTRIBUTING MEMBERS OF THE LARGER WORLD COMMUNITY. 0 0 7706408 712507 11010285 A CO-ED HIGH SCHOOL (THE SCHOOL) THAT OPERATES IN ROME, ITALY. THE SCHOOL IS OPEN TO AMERICANS AND STUDENTS FROM OTHER COUNTRIES, AND IS COMPRISED OF A MULTI-RACIAL STUDENT BODY. CURRENTLY, THE SCHOOL HAS 310 STUDENTS ENROLLED, WITH 35 NATIONALITIES REPRESENTED. 7706408 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 18 1 0 1 IT 0 0 0 0 0 0 0 0 0 0 X 28 26 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X X X GRAZIA BORLANDELLI 3 9065750605 VIA AVENTINA 3 ROME IT 00153 ELIZABETH MORRIS CHAIR 1.00 X X 0 0 0 DANIELA SALVIONI 1ST VICE CHAIR 1.00 X X 0 0 0 DAVID SADOFF 2ND VICE CHAR 1.00 X X 0 0 0 RICHARD ROUTHIER TREASURER 1.00 X X 0 0 0 CHRISTIAN BASTIAN SECRETARY 1.00 X X 0 0 0 ROHIT AGGARWALA TRUSTEE 1.00 X 0 0 0 STEPHEN ALTSCHUL TRUSTEE 1.00 X 0 0 0 SANDRA CRAIG TRUSTEE 1.00 X 0 0 0 ERICA DORNBURG TRUSTEE 1.00 X 0 0 0 MASSIMO ELSER TRUSTEE 1.00 X 0 0 0 REGINA GAMBINO TRUSTEE 1.00 X 0 0 0 WILLIAM GRUY TRUSTEE 1.00 X 0 0 0 HELEN HANNICK TRUSTEE 1.00 X 0 0 0 DINA KAPLAN TRUSTEE 1.00 X 0 0 0 FISCHER KATE TRUSTEE 1.00 X 0 0 0 GEORGE KLOPFER TRUSTEE 1.00 X 0 0 0 MATTIAS LJUNGMAN TRUSTEE 1.00 X 0 0 0 SAMANTHA LOTTI TRUSTEE 1.00 X 0 0 0 SVEN MOOS TRUSTEE 1.00 X 0 0 0 DEBORAH PACKER MUMM TRUSTEE 1.00 X 0 0 0 NATASHA PALLADINO TRUSTEE 1.00 X 0 0 0 DUNCAN POLLOCK TRUSTEE 1.00 X 0 0 0 TINA ROCCHIO TRUSTEE 1.00 X 0 0 0 HARRY SCIO MILLS TRUSTEE 1.00 X 0 0 0 JEFFREY SCHON TRUSTEE 1.00 X 0 0 0 HARVEY STONE TRUSTEE 1.00 X 0 0 0 PAUL TREHERNE TRUSTEE 38.00 X 61232 0 0 ERIC MAYER HEAD OF SCHOOL 38.00 X X 284786 0 0 GRAZIA BORLANDELLI BUSINESS MANAGER 38.00 X 120203 0 0 DEBORAH DOSTERT ASSISTANT HEAD 38.00 X 100029 0 0 566250 0 0 3 0 1 0 VIVENDA SPA VIA FRANCESCO ANTOLISEI 25 ROMA IT 00173 CATERING & FOOD SERVICE 615944 ROMA SRL IX STRADA N2 ZONA INDUSTRIALE CATANIA IT 95121 BUILDING IMPROVEMENTS 311052 VIAGGI REALTA' SRL VIA GINORI 63 ROMA IT 00153 TRAVEL AGENCY 151867 3 25898 236541 262439 TUITION AND FEES 611600 10280369 10280369 ELECTIVE COURSES AND TESTING 611600 208699 208699 EDUCATIONAL TRIPS 611600 207607 207607 10696675 322000 322000 2850605 2947444 -96839 -96839 -96839 OTHER INCOME 611710 313610 313610 313610 11497885 11010285 0 225161 712507 712507 299643 119857 179786 6297551 4239442 2058109 43182 4318 34546 4318 27928 2793 22342 2793 88727 88727 92952 9295 74362 9295 691754 449640 207526 34588 417114 333691 62567 20856 GENERAL ADMINISTRATION 866545 504064 271005 91476 STUDENT SERVICES 499704 499704 EXTERNAL AFFAIRS 494897 494897 STUDENT ACTIVITIES 379335 379335 472727 451762 10484 10481 11384566 7706408 3504351 173807 4570049 5384982 285747 193865 203137 981 224755 336576 10848918 8511264 2118259 2337654 10864738 12409901 18266685 20663959 295541 225589 5922860 6507397 3919645 4534892 10138046 11267878 X 0 0 0 0 8128639 9396081 8128639 9396081 18266685 20663959 X 113319 980949 369864 -196690 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1411186 148174 1263012 8355059 7383816 971243 532083 498469 33614 550590 480805 69785 2337654 OTHER LIABILITIES 2031489 LONG TERM DEBT - TFR 2503403 4534892 X 11695014 980949 -712507 268442 11426572 71313 71313 11497885 10797436 196690 -71313 125377 10672059 712507 712507 11384566 PART X, LINE 2: ST. STEPHEN'S FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED ST. STEPHEN'S TAX POSITIONS, INCLUDING THAT ST. STEPHEN'S IS EXEMPT FROM TAXES AND NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AND CONCLUDED THAT ST. STEPHEN'S HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF AUGUST 31, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS -712,507. PART XI, LINE 4B - OTHER ADJUSTMENTS: TAXES 71,313. PART XII, LINE 2D - OTHER ADJUSTMENTS: TAXES -71,313. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS 712,507. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL DOES NOT USE RADIO, TELEVISION, OR NEWSPAPER ADVERTISEMENTS TO SOLICIT FOR PROSPECTIVE STUDENT APPLICANTS. THE RACIALLY NONDISCRIMINATORY POLICY IS DISPLAYED IN THE SCHOOL'S APPLICATION, APPEARS ON THE SCHOOL'S WEBSITE, AND IS PUBLISHED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES ASSISTANCE FROM THE GOVERNMENT FOR SUPPORTING FINANCIAL AID. 0 ROME, ITALY 1 94 PROGRAM SERVICES EDUCATION 11384566 1 94 0 0 1 94 11384566 0 11384566 FINANCIAL AID ASSISTANCE ROME, ITALY 61 712507 REDUCTION OF EDUCATION COSTS FMV 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 0 0 ERIC MAYER HEAD OF SCHOOL 284786 0 0 0 0 0 0 0 0 0 284786 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WHO HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS EXAMINED BY THE ORGANIZATION'S BUSINESS MANAGER AND UPON APPROVAL, IT IS SUBMITTED TO THE CHAIRMAN OF THE BOARD OF TRUSTEES FOR SIGNING. FORM 990, PART VI, SECTION B, LINE 12C WHEN AN ACTUAL, PERCEIVED, OR POTENTIAL CONFLICT IS IDENTIFIED BY ANY PERSON, SUCH PERSON OR BOARD MEMBER MUST FULLY DISCLOSE THE CONFLICT TO THE BOARD CHAIR AND, WHERE APPROPRITATE, TO ALL BOARD OR COMMITTEE/TASKFORCE MEMBERS. THE CHAIR DEVELOPS AN APPROPRIATE RESPONSE, INCLUDING, WHERE NECESSARY, DISQUALIFICATION FROM VOTING AND DISCUSSION, AND ANY REMEDIAL ACTION. THE BOARD, COMMITTEE, OR TASKFORCE MUST AGREE IN MAJORITY ON THE OPTION OR COMBINATION OF OPTIONS TO BE TAKEN IN ANY GIVEN CONFLICT OF INTEREST SITUATION. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD AND THE HEAD OF THE SEARCH COMMITTEE/TRUSTEE NEGOTIATED THE HEAD OF SCHOOL'S WRITTEN EMPLOYMENT CONTRACT. THE BOARD OF TRUSTEES APPROVED THE HEAD OF SCHOOL'S HIRING AFTER THE EMPLOYMENT CONTRACT WAS NEGOTIATED AND FINALIZED. EACH YEAR, THE BOARD REVIEWS THE HEAD OF SCHOOL'S PERFORMANCE EVALUATION AND APPROVES ANY DISCRETIONARY BONUS OFFERED. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY MANUAL IS AVAILABLE VIA DIGITAL OR HARD COPY UPON REQUEST. FORM 990, PART XI, LINE 9: CURRENCY EXCHANGE RATE -196,690.