2020-07-15T15:29:34-05:00 2019-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2018-07-01 134013334 CARMEL ACADEMY CARM 2038639663 270 LAKE AVENUE GREENWICH CT 06830 ROCHELLE TARLOWE TREASURER 2038639663 2020-07-15 1 JAMES J REILLY P00183769 2126617777 72.76.158.64 2020-07-15 11:41:44 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FAE4C1A623C502B7361EBA1C34997577FDE6F9F4 2018 2021-01-29 14:40:06Z ROCHELLE TARLOWE 270 LAKE AVENUE GREENWICH CT 06830 12624350 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 20 113 0 0 0 2700816 1017174 7831065 7274203 66283 129023 1261500 1328884 11859664 9749284 1778092 1751456 0 0 6976237 6423190 0 0 280280 3746612 3551008 12500941 11725654 -641277 -1976370 27664913 25290836 16364514 16094954 11300399 9195882 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 0 9723606 1751456 7283914 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. 9723606 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 0 0 0 0 0 0 0 0 1 84 0 1 113 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 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 NORA ANDERSON HEAD OF SCHOOL 40.00 X 281500 0 26638 SETH YOUNG ASSOC HEAD OF SCHOOL 40.00 X 95000 0 62831 YAEL SLONIM CHIEF OPERATING OFFICER 40.00 X 98670 0 66654 TALI ALDOUBY-SCHUCK DIRECTOR OF JUDAIC 40.00 X 110000 0 21698 JENNIFER GENSIOR DIRECTOR OF GENERAL STUDIES 40.00 X 110000 0 5515 695170 0 183336 3 0 1 0 0 1017174 1017174 STUDENT TUITION & FEES 611600 7083332 7083332 OTHER PROGRAMS 611600 190871 190871 7274203 57213 57213 1319173 0 1319173 1319173 1319173 2946876 2875066 71810 71810 71810 OTHER 900099 9711 9711 9711 9749284 7283914 0 1448196 1751456 1751456 413240 357742 42068 13430 4894475 4237147 498257 159071 738708 639500 75200 24008 376767 326167 38355 12245 71148 48247 17359 5542 152096 103140 37109 11847 31620 27373 3219 1028 193003 179473 10256 3274 229868 227929 1470 469 8400 7272 855 273 663633 663633 775395 671259 78936 25200 171718 148656 17481 5581 ACTIVITY AND EVENTS 463499 401251 47184 15064 REPAIRS AND MAINTENANCE 381737 372936 6671 2130 BAD DEBT 180213 180213 OTHER 92520 89455 2323 742 136158 134603 1179 376 11725654 9723606 1721768 280280 508329 538343 436864 123828 880879 1009971 31854 4966 32878949 10519164 23035206 22359785 2633882 1137590 137899 116353 27664913 25290836 741456 578758 590329 552902 3614000 3614000 10898056 10602058 520673 747236 16364514 16094954 X 11250399 9131882 50000 64000 11300399 9195882 27664913 25290836 X -1976370 -46036 -82111 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6230568 6230568 24674417 8771952 15902465 1462859 1307707 155152 511105 439505 71600 22359785 ACCRUED INTEREST 710297 INTEREST RATE SWAP AGREEMENT 36939 747236 8181483 -46036 311802 265766 7915717 1833567 1833567 9749284 10286000 311802 311802 9974198 1751456 1751456 11725654 PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS UP OF TUITION ASSISTANCE 1,751,456. CHANGE IN VALUE OF INTERES RATE SWAP 82,111. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP OF TUITION ASSISTANCE 1,751,456. 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 72 1751456 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 281500 0 0 0 0 0 17500 0 9138 0 308138 0 0 0 SETH YOUNG ASSOC HEAD OF SCHOOL 95000 0 0 0 0 0 0 0 62831 0 157831 0 0 0 YAEL SLONIM CHIEF OPERATING OFFICER 88670 0 10000 0 0 0 0 0 66654 0 165324 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 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 -82,111.