2020-03-20T19:43:00-05:00 2019-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2018-07-01 050369037 ST MICHAEL'S COUNTRY DAY SCHOOL STMI 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 JAMES HEUS HEAD OF SCHOOL 4018495970 2020-03-17 1 LAURA J KENNEY P00202198 6177170831 2020-03-17 64.251.63.131 2020-03-17 18:55:24 ED P C2A8F68C24BA4106533A6CD8C72FD917E7C6626D F655607A01BC9414CB150F5C2D5B642F4B7C09E6 2018 2021-01-29 14:40:06Z JAMES HEUS 180 RHODE ISLAND AVENUE NEWPORT RI 02840 6038530 0 X WWW.SMCDS.ORG X 1976 RI ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 15 10 115 50 0 0 371520 505978 4832469 4439427 78815 206190 40392 -22513 5323196 5129082 1239942 1305318 0 0 3418363 3031539 0 0 112897 1127712 1071991 5786017 5408848 -462821 -279766 8366685 7945679 1454109 1424357 6912576 6521322 ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 0 0 4101074 1305318 4230770 PROVIDING OF ELEMENTARY SCHOOL EDUCATION (GRADES PRESCHOOL THROUGH GRADE 8) SERVING APPROXIMATELY 183 STUDENTS DURING FY 2019. 183969 208657 PROVISION OF SPECIAL PROGRAMS CONSISTING OF MUSIC, AFTER-SCHOOL ACTIVITIES, TUTORING, SUMMER AND THEATER CAMPS, WHICH ARE PROVIDED OUTSIDE OF REGULAR CLASS WORK, FOR APPROXIMATELY 250 STUDENTS DURING FY 2019. 4285043 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 115 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X TED FERRY 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 ISABELLA DANA RIDALL CHAIR 5.00 X X 0 0 0 SUSAN LOVEJOY VICE CHAIR 5.00 X X 0 0 0 JAMES POWELL TREASURER 5.00 X X 0 0 0 KELLY RICHARDS SECRETARY 5.00 X X 0 0 0 JENNIFER HUNTLEY CHAIR (UNTIL 10/2018) 5.00 X X 0 0 0 MOLLY DE RAMEL TRUSTEE 5.00 X 0 0 0 GRIFFIN FLYNN TRUSTEE 5.00 X 0 0 0 MERVAN OSBORNE TRUSTEE 5.00 X 0 0 0 ANDREA VAN BEUREN TRUSTEE 5.00 X 0 0 0 KHADIJA LEWIS KHAN TRUSTEE 5.00 X 0 0 0 AMY MARTIN TRUSTEE 5.00 X 0 0 0 CHRISTOPHER MCNALLY TRUSTEE 5.00 X 0 0 0 CURT RICHARDSON TRUSTEE 5.00 X 0 0 0 DAVID THALMANN TRUSTEE 5.00 X 0 0 0 PAUL WEBER TRUSTEE 5.00 X 0 0 0 CHRISTOPHER BENZAK TRUSTEE 5.00 X 0 0 0 JAMES HEUS HEAD OF SCHOOL 50.00 X 90039 0 938 JOHN ZURN HEAD OF SCHOOL (FORMER) 0.00 X 252203 0 25348 342242 0 26286 1 1 1 0 0 109989 395989 19877 505978 TUITION AND FEES 611110 4230770 4230770 SPECIAL PROGRAMS 611110 208657 208657 4439427 48490 48490 17870 0 17870 17870 17870 982951 825251 157700 157700 157700 27400 109989 84197 -56797 -56797 OTHER INCOME 611110 16414 16414 16414 5129082 4439427 0 183677 1305318 1305318 228149 228149 271900 271900 2029430 1786084 179958 63388 85570 78396 5924 1250 221482 195844 23342 2296 195008 140542 49346 5120 11838 11838 30347 30347 14895 14895 54511 10870 38355 5286 52625 23175 21947 7503 29617 9394 14767 5456 82429 67592 12365 2472 13229 9731 3234 264 342182 307964 23953 10265 55871 35614 19292 965 REPAIRS & MAINTENANCE 185208 143206 36579 5423 OTHER OPERATING EXPENSE 91740 74820 16687 233 CAMPS, TUTORS, BUSING & 47365 47365 INSTRUCTIONAL DEPARTMEN 18352 18352 41782 30776 8030 2976 5408848 4285043 1010908 112897 68605 79992 59358 37748 12820 17350 66922 22646 56516 63244 11558767 5862333 5865617 5696434 2236847 2028265 8366685 7945679 683679 414237 306482 637540 463948 372580 1454109 1424357 X 4754282 4398029 452695 417694 1705599 1705599 6912576 6521322 8366685 7945679 -279766 -111488 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1980477 65971 31409 47556 1967483 1893181 164091 13724 63071 1980477 1773424 1000 194154 75397 1893181 1893354 -105925 14005 1773424 1979327 -12117 73856 1893354 0.00000 0.86690 0.13310 0 0 81955 81955 10178328 4775066 5403262 524848 472899 51949 773636 614368 159268 5696434 X 3781578 -111488 84197 -27291 3808869 14895 1305318 1320213 5129082 4172832 84197 84197 4088635 14895 1305318 1320213 5408848 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE MAINTENANCE OF THE VAN BEUREN BUILDING, NEED-BASED SCHOLARSHIPS, DIVERSITY AND LEARNING DISABLED, PROFESSIONAL DEVELOPMENT FOR TEACHERS IN THE STUDY OF ALTERNATIVE LEARNING METHODS, AND FACULTY ENRICHMENT BEYOND THE CLASSROOM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON PART VIII, LINE 8(B) 84,197. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,305,318. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON PART VIII, LINE 8(B) 84,197. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,305,318. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AN ANNUAL STATEMENT APPEARS IN THE BOSTON GLOBE NEWSPAPER SPONSORED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. GALA 135389 109989 25400 28511 24156 5600 25249 HOUSE TOURS 2000 2000 681 137389 109989 27400 28511 24156 5600 25930 84197 -56797 1 NEED BASED FINANCIAL AID 118 1305318 SCHEDULE I, PART I, LINE 2: THE FINANCIAL AID AWARDS ARE CREDITED TO THE STUDENT'S ACCOUNT THROUGH THE STUDENT BILLING SOFTWARE IN THE BUSINESS OFFICE. FOR RECIPIENTS OF NEED-BASED FINANCIAL AID, THE SCHOOL USES SCHOOL AND STUDENT SERVICES AS A GUIDE WHICH REQUIRES 2 YEARS OF INCOME TAX RETURNS. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 JOHN ZURN HEAD OF SCHOOL (FORMER) 110970 0 0 0 141233 0 11275 0 14073 0 277551 0 0 0 PART I, LINE 1A ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES THE HEAD OF SCHOOL WITH A HOUSING ALLOWANCE. THIS IS TREATED AS TAXABLE INCOME. PART I, LINE 4A THE FORMER HEAD OF SCHOOL HAS A SEVERANCE ARRANGEMENT FOR 10 MONTHS OF PAY FROM SEPARATION DATE. SCHEDULE J, PART II, COLUMN (B)(III) INCLUDES 6 MONTHS SEVERANCE OF $126,233. 72008 FINANCIAL AID GRANTS TO PROVIDE FINANCIAL ASSISTANCE FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY FINANCE COMMITTEE MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS OVERSEEN BY THE GOVERNANCE COMMITTEE. ANY POTENTIAL CONFLICT WOULD BE REVIEWED WITH THE BOARD MEMBER. IF A CONFLICT WAS JUDGED TO EXIST, HE OR SHE WOULD BE ADVISED TO RECUSE HIMSELF OR HERSELF FROM DISCUSSION AND VOTING ON ANY RELATED ISSUE. IF THE CONFLICT IS SEVERE, THE INDIVIDUAL WOULD BE ADVISED TO RECUSE HIMSELF OR HERSELF FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS COMPARES THE COMPENSATION OF KEY INDIVIDUALS TO COMPENSATION PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR-SIZED SCHOOLS. THE RESULTS OF THE COMMITTEE ARE REPORTED TO THE BOARD OF DIRECTORS. THE DELIBERATIONS AND DECISION REGARDING THE COMPENSATION WAS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. 990, PART XII, LINE 2C: THE SCHOOL'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.