2020-07-15T17:54:38-05:00 2019-06-30 420714325 RSM US LLP One South Wacker Dr Ste 800 Chicago IL 606063392 990 2018-07-01 341283907 Gross Schechter Day School SCHE 2167631400 27601 Fairmount Blvd Pepper Pike OH 441227302 Abigail Stadlin Board President 2167631400 2020-07-14 1 Rebekuh Eley P01247672 3126343400 2020-07-14 98.226.130.40 2020-07-14 15:34:39 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 49D5A1596642B6DD837368B1E984A310120BB776 2018 2020-09-22 18:59:49Z Randy Boroff 27601 Fairmount Blvd Pepper Pike OH 441227302 4621255 0 X www.grossschechter.org X 1979 OH Igniting a passion for learning, Gross Schechter Day School empowers students to grow into their best selves in a rigorous, yet nurturing, academic environment, grounded in Jewish values and practices in an active community of families. 39 39 113 40 0 0 1771524 1583975 2872902 2980686 17260 17840 3847 -15474 4665533 4567027 543661 584781 0 0 2935852 3003807 0 0 267343 1321013 1265192 4800526 4853780 -134993 -286753 7052157 6754192 2952119 3119523 4100038 3634669 Igniting a passion for learning, Gross Schechter Day School empowers students to grow into their best selves in a rigorous, yet nurturing, academic environment, grounded in Jewish values and practices in an active community of families. 0 0 4198106 584781 2980686 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. 4198106 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 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 10 0 1 113 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 39 39 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 441227302 Ted Einhorn President 15.00 0.00 X X 0 0 0 Aaron Caplan Vice President 10.00 0.00 X X 0 0 0 Erica Lazzaro Vice President 10.00 0.00 X X 0 0 0 Brian Stein Vice President 10.00 0.00 X X 0 0 0 Abigail Stadlin Treasurer 10.00 0.00 X X 0 0 0 Aaron Saidel Assistant Treasurer 10.00 0.00 X X 0 0 0 Howard Bobrow Secretary 5.00 0.00 X X 0 0 0 Alanna Cooper Director 1.00 0.00 X 0 0 0 Bruce Daskal Director 1.00 0.00 X 0 0 0 Rob Fishman Director 1.00 0.00 X 0 0 0 Dr Eiran Gorodeski Director 1.00 0.00 X 0 0 0 Tammy Gould Director 1.00 0.00 X 0 0 0 Suellen Kadis Director 1.00 0.00 X 0 0 0 Jean Lettofsky Director 1.00 0.00 X 0 0 0 Rabbi Sharon Marcus Director 1.00 0.00 X 0 0 0 Seth Mendelsohn Director 1.00 0.00 X 0 0 0 Michael Milgrom Director 1.00 0.00 X 0 0 0 Arkady Polinkovsky Director 1.00 0.00 X 0 0 0 Loree Potash Director 1.00 0.00 X 0 0 0 Debbie Shifrin Director 1.00 0.00 X 0 0 0 Tanya Sussman Director 1.00 0.00 X 0 0 0 Marina Tsirlin Director 1.00 0.00 X 0 0 0 David Uram Director 1.00 0.00 X 0 0 0 Richard Uria Director 1.00 0.00 X 0 0 0 Risa Uvlin Director 1.00 0.00 X 0 0 0 Rachel Weinberg Director 1.00 0.00 X 0 0 0 Rabbi Stephen Weiss Director 1.00 0.00 X 0 0 0 Chad Zimmerman Director 1.00 0.00 X 0 0 0 Sarah 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 Randy Boroff Head of School 40.00 0.00 X 142500 0 8593 142500 0 8593 1 0 1 0 0 662635 64100 14680 842560 1583975 Tuition Revenue 611600 2487458 2487458 After School Activitie 611600 217227 217227 Infant Care 611600 174437 174437 Admin Cost Reimburseme 611600 83909 83909 Kehillat Schechter 611600 17655 17655 2980686 17840 17840 35461 64100 54228 -18767 -18767 Other Revenue 611600 3293 3293 3293 4567027 2980686 0 2366 584781 584781 151093 129940 12087 9066 2381914 2048446 190553 142915 136453 117350 10916 8187 130372 112120 10430 7822 203975 175419 16318 12238 30448 30448 59704 59083 375 246 38199 4202 10314 23683 23042 8363 12033 2646 81922 63824 7852 10246 113258 92830 17023 3405 8798 6862 792 1144 15578 15578 296797 267117 23744 5936 School Activities 202837 202837 Educational supplies 112272 112272 Food 112011 106411 4480 1120 Maintenance and repairs 65223 58701 5218 1304 105103 47548 20170 37385 4853780 4198106 388331 267343 275 275 50180 76342 333536 267709 124215 140892 38971 37814 8297927 5071121 3492135 3226806 48890 57216 1712024 1693287 1251931 1253851 7052157 6754192 1959458 2189193 446184 463724 428165 385021 118312 81585 2952119 3119523 X 995301 548849 368477 0 2736260 3085820 4100038 3634669 7052157 6754192 X -286753 40934 -219550 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1807616 32462 57849 62561 1835366 1625342 142355 114027 74108 1807616 1384529 85601 216172 60960 1625342 1285384 167388 -16974 51269 1384529 1237631 98098 4150 54495 1285384 0.08330 0.82220 0.09450 1 0 6758388 3813545 2944843 1523691 1242611 281080 15848 14965 883 3226806 Israel Bonds 40000 F Federation Main Investment Fund 1512124 F Federation Marketable Alternative Program 141163 F 1693287 Funds Held by Others 1253851 1253851 X 4102228 40933 79049 119982 3982246 584781 584781 4567027 4567597 298598 298598 4268999 584781 584781 4853780 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, 2019, there were no unrecognized tax benefits identified or recorded as liabilities. The School is no longer subject to examination by the Internal Revenue Service for years before 2015. Part XI, Line 2d - Other Adjustments: Change in value of funds held by others 24,821. Special event expenses netted against revenue 54,228. Part XI, Line 4b - Other Adjustments: Student aid netted against revenue 584,781. Part XII, Line 2d - Other Adjustments: Adjustment of unfunded pension liability 244,370. Special event expenses netted against revenue 54,228. Part XII, Line 4b - Other Adjustments: Student aid netted against revenue 584,781. 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 $58,900 from the State of Ohio Department of Education for the Nonpublic Administrative Cost Reimbursement program and $25,009 from the Department of Education for the National School Lunch program for free and reduced lunches. Middle East and North Africa 0 0 Investments 40000 0 0 0 0 0 0 40000 0 40000 0 0 0 0 0 0 Rib Burn Off 59630 35310 24320 46638 2000 174 Run/Walk 39931 28790 11141 4000 1416 99561 64100 35461 46638 6000 1590 54228 -18767 1 Gross Schechter Scholarship for Students 78 584781 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 142500 0 0 0 0 0 0 0 8593 0 151093 0 0 0 Form 990, Part VI, Section A, line 2 Gary L. Gross - Past President, Sarah Zimmerman - Director, 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 24,821. Adjustment of unfunded pension liability -244,371.