2020-01-31T16:17:42-06:00 2019-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2018-07-01 566001583 RAVENSCROFT SCHOOL % AMY BRIGHT RAVE 9198470900 7409 FALLS OF NEUSE ROAD RALEIGH NC 27615 DOREEN C KELLY HEAD OF SCHOOL 9198470900 2020-01-31 true Keith A Wasserman P00072834 9197878212 204.16.136.178 69791020200315000000 2020-01-31 P 922CF1C4DF3ADA3871BB608D4F8D2E63D4CF877C 4F142AB6C53FDBF579774221F970B100A52331B2 2018 2020-09-23 17:36:50Z DOREEN C KELLY 7409 FALLS OF NEUSE ROAD RALEIGH NC 27615 42736606 false X www.ravenscroft.org X 1951 NC OPERATION OF AN INDEPENDENT NONPROFIT SCHOOL THAT INCLUDES PRESCHOOL THROUGH GRADE TWELVE. 20 20 457 450 0 3730440 1958017 27241781 28772661 1038517 1446578 233187 309863 32243925 32487119 2976298 3014886 0 0 17995775 17853784 0 0 906133 9766865 10421242 30738938 31289912 1504987 1197207 43635343 43637500 9756397 8876150 33878946 34761350 OPERATION OF AN INDEPENDENT NONPROFIT SCHOOL THAT INCLUDES PRESCHOOL THROUGH GRADE TWELVE. false false 21828904 3014886 28892696 ALL FACETS OF PRIMARY & SECONDARY EDUCATION INCLUDING AUXILIARY OPERATIONS, SUMMER PROGRAMS, SCHOLARSHIPS AND FINANCIAL ASSISTANCE. 21828904 true true false false false false false false false true true false false false true false false true true false false false false false true false false false true true false false false false true false false false true false false false false true true false false false true 170 0 true 457 true false false false false false true true false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false X X AMY BRIGHT 9198470900 7409 FALLS OF NEUSE ROAD RALEIGH NC 27615 MR KEVIN T ANDERSON CHAIR 5.0 0.0 X X 0 0 0 MRS V WATSON PUGH VICE CHAIR 5.0 1.0 X X 0 0 0 MS EASTER A MAYNARD VICE CHAIR 5.0 0.0 X X 0 0 0 MR KELVIN JONES TREASURER 5.0 0.0 X X 0 0 0 MRS IREN U HIANIK SECRETARY 5.0 0.0 X X 0 0 0 MRS AMY M BATTEN TRUSTEE 1.0 0.0 X 0 0 0 MR ROBERT G BELLER TRUSTEE 1.0 0.0 X 0 0 0 MR SANTO J COSTA TRUSTEE 1.0 0.0 X 0 0 0 MRS KELLY POWELL GOULD TRUSTEE 1.0 0.0 X 0 0 0 MR JOHN T JENKINS II TRUSTEE 1.0 0.0 X 0 0 0 DR LAURA HELTON KALORIN TRUSTEE 1.0 0.0 X 0 0 0 DR KEVIN L KEIM TRUSTEE 1.0 0.0 X 0 0 0 MR JOHN E PARHAM JR TRUSTEE 1.0 0.0 X 0 0 0 MS JOYCE L POPE TRUSTEE 1.0 0.0 X 0 0 0 MRS DONNA P PREISS TRUSTEE 1.0 0.0 X 0 0 0 MRS KRISTIN G REPLOGLE TRUSTEE 1.0 0.0 X 0 0 0 MS PENNY A ROGERS TRUSTEE 1.0 0.0 X 0 0 0 MRS NELLE M SCHANTZ TRUSTEE 1.0 0.0 X 0 0 0 MR PETER A TANNENBAUM TRUSTEE 1.0 0.0 X 0 0 0 MR JAMES P ZIPERSKI TRUSTEE 1.0 0.0 X 0 0 0 DOREEN C KELLY HEAD OF SCHOOL 40.0 0.0 X 416337 0 167195 GEORGE L JOHNSON ASST HEAD - BUSINESS & FINANCE 40.0 0.0 X 254056 0 11773 PHILIP C HIGGINSON ASST HEAD - ADVANCEMENT 40.0 0.0 X 153491 0 35923 ROBERT P BOGUE HEAD OF UPPER SCHOOL 40.0 0.0 X 124098 0 54474 COLLEEN M RAMSDEN ASST HEAD - ACADEMIC AFFAIRS 40.0 0.0 X 140293 0 19198 EDWARD J GONET DIRECTOR OF ATHLETICS 40.0 0.0 X 131945 0 9182 SUSAN R PERRY ASST HEAD - STUDENT AFFAIRS 40.0 0.0 X 130525 0 17888 1350745 0 315633 9 false true false SPEC CON INC 2475 WENDELL BOULEVARD WENDELL NC 275916903 GENERAL CONTRACTOR 939599 FLIK INDEPENDENT SCHOOLS PO BOX 417632 BOSTON MA 022417632 FOOD SERVICES 813817 THE BUDD GROUP INC PO BOX 890856 CHARLOTTE NC 282890856 CLEANING SERVICE 428460 CENTER FOR CREATIVE LEADERSHIP PO BOX 26300 1 LEADERSHIP PLACE GREENSBORO NC 274386300 CONSULTANT 332591 DAVIS KANE ARCHITECTS PA 503 OBERLIN ROAD SUITE 300 RALEIGH NC 276051381 ARCHITECTS 191082 10 18625 1939392 139437 1958017 TUITION & FEES 611710 27291926 27291926 AUXILIARY OPER. 611710 1445723 1445723 APPLICATION FEES 611710 35012 35012 28772661 435375 435375 0 0 106999 106999 0 106999 106999 11215252 10204049 1011203 1011203 1011203 128267 18625 45438 82829 82829 0 0 0 0 0 0 WITHDRAWAL FEES 611710 39167 39167 GRADUATION FEES 611710 19227 19227 SCHOOL PICTURES 611710 13211 13211 48430 48430 120035 32487119 28892696 1636406 0 3014886 3014886 0 0 869815 869815 0 13804870 11455056 1807474 542340 732169 608863 94017 29289 1358023 1120396 183732 53895 1088907 824479 224768 39660 0 48924 48924 45605 45605 0 0 64427 64427 628843 2393 612887 13563 112095 112095 305749 168602 120037 17110 356268 221228 124379 10661 0 662892 396535 266357 232947 174857 44310 13780 0 0 70176 70176 0 1803915 1215698 588217 202952 175738 27214 MAINTENANCE EXPENSE 1997566 33214 1964352 MATERIALS AND SUPPLIES 1080677 1080677 FACULTY/STAFF DISCOUNTS 899371 899371 STAFF DEVELOPMENT 512261 201319 304583 6359 1396574 235592 981506 179476 31289912 21828904 8554875 906133 0 0 4372329 3398528 1489432 1169306 573115 721065 0 0 0 0 0 0 93463 148446 4834 4259 56336554 40553654 14812851 15782900 21202105 21313188 0 0 0 0 0 0 1087214 1099808 43635343 43637500 1240475 1388633 0 0 6013290 5883324 2132239 1294873 0 0 0 0 35233 28900 0 0 335160 280420 9756397 8876150 X 13274439 15716122 9080851 7139012 11523656 11906216 33878946 34761350 43635343 43637500 1197207 -314803 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17239241 382560 839465 159620 488615 0 17813031 16198136 681429 1038959 140623 538660 0 17239241 14427238 620116 1661099 108380 401937 0 16198136 13649609 1647235 -71956 54817 742833 0 14427238 11940102 1880107 269087 48316 391371 0 13649609 0.66840 0.33160 true false 1836908 1836908 37487314 27793491 9693823 8835793 6997485 1838308 8176539 5762678 2413861 15782900 0 CAPITAL LEASES PAYABLE 280420 280420 29157430 -314803 -3014886 -3329689 32487119 32487119 28275026 28275026 3014886 3014886 31289912 PART V, LINE 4 THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: ENDOWMENT FUNDS HELD BY THE SCHOOL ARE PRIMARILY USED FOR SCHOLARSHIPS, AND FACULTY AND STAFF PROFESSIONAL DEVELOPMENT AND AWARDS. PART XI, LINE 2D RECONCILIATION OF REVENUE: -$3,014,886 FINANCIAL ASSISTANCE NETTED WITH TUITION REVENUE FOR FNANCIAL STATEMENTS. PART XII, LINE 4B RECONCILIATION OF EXPENSES: $3,014,886 FINANCIAL ASSISTANCE NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false false false true LINE 3 NONDISCRIMINATORY POLICY: RAVENSCROFT SCHOOL STANDS BEHIND THE PRINCIPLE THAT THERE SHALL BE NO DISCRIMINATION AGAINST ANY PERSON IN ADMISSION, EMPLOYMENT, OR OTHERWISE BECAUSE OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, DISABILITY, SEX OR AGE IN VIOLATION OF EXISTING STATE OR FEDERAL LAW AND REGULATIONS. GALA 78457 18625 59832 2871 FALL ROUNDUP 29070 29070 27024 1 22430 22430 7362 129957 18625 111332 37257 37257 74075 true MERIT SCHOLARSHIPS 11 30250 FINANCIAL ASSISTANCE 242 2984636 PART I, LINE 2 THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: RAVENSCROFT USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANTS' FINANCIAL INFORMATION. THIS SERVICE IS PROVIDED BY TADS. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO TADS FOR PROCESSING. A SUMMARY REPORT OF THE FAMILY FINANCIAL INFORMATION IS GENERATED AND SENT TO RAVENSCROFT SCHOOL. ONCE THIS REPORT IS RECEIVED THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. APPLICANTS ARE REQUIRED TO PROVIDE SUPPORTING DOCUMENTATION OF THE INFORMATION PROVIDED ON THE TADS APPLICATION. X true true X X X X false true false false false false false false false DOREEN C KELLY HEAD OF SCHOOL 354587 0 53829 0 7921 0 59250 0 108110 0 583697 0 0 0 GEORGE L JOHNSON ASST HEAD - BUSINESS & FINANCE 244041 0 0 0 10015 0 2454 0 9484 0 265994 0 0 0 PHILIP C HIGGINSON ASST HEAD - ADVANCEMENT 146316 0 5649 0 1526 0 11150 0 24938 0 189579 0 0 0 ROBERT P BOGUE HEAD OF UPPER SCHOOL 123635 0 0 0 463 0 9900 0 44740 0 178738 0 0 0 COLLEEN M RAMSDEN ASST HEAD - ACADEMIC AFFAIRS 139800 0 0 0 493 0 9879 0 9484 0 159656 0 0 0 PART II, COLUMN (D) NONTAXABLE BENEFITS: REFLECTS THE VALUE OF HOUSING THE HEAD OF SCHOOL RECEIVES FOR RESIDING AT THE HOUSE LOCATED ON THE SCHOOL CAMPUS. THE HEAD OF SCHOOL IS REQUIRED TO RESIDE ON CAMPUS IN ORDER TO BE AVAILABLE FOR EMERGENCIES AT ALL TIMES. PART I, LINE 4B PARTICIPATION IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: THE SCHOOL ESTABLISHED A 457(F) DEFERRED COMPENSATION PLAN FOR SENIOR LEADERSHIP. IN FISCAL YEAR ENDED 6/30/2019 THE SCHOOL REPORTED AND FUNDED $40,000 DEFERRED COMPENSATION FOR THE HEAD OF SCHOOL. 2000 MUSIC SCHOLARSHIP FINE ARTS ENRICHMENT 4995 NEED-BASED FINANCIAL AID FOR TUITION X 20 139437 STOCK QUOTE false true false FORM 990, PART VI, SECTION B, QUESTION 11B FORM 990 REVIEW PROCESS: THE FORM 990 DRAFT IS PROVIDED TO THE ASSOCIATE HEAD OF SCHOOL FOR BUSINESS AND FINANCE AND THE DIRECTOR OF FINANCE FOR THEIR REVIEW. ONCE THEIR REVIEW IS COMPLETED A REVISED DRAFT IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. THE FORM 990 DRAFT WILL THEN BE PRESENTED TO THE FULL BOARD OF TRUSTEES FOR THEIR REVIEW. ONCE ALL QUESTIONS, COMMENTS AND CHANGES HAVE BEEN COMPLETED, THE HEAD OF SCHOOL WILL SIGN FORM 8453-EO, EXEMPT ORGANIZATION DECLARATION FOR ELECTRONIC FILING. THE SIGNED FORM WILL BE ATTACHED TO THE RETURN WHICH WILL THEN BE E-FILED. FORM 990, PART VI, SECTION B, QUESTION 12C MONITORING CONFLICTS OF INTEREST: BOARD TRUSTEES AND KEY EMPLOYEES ARE ASKED ANUALLY TO DISCLOSE ANY BUSINESS RELATIONSHIPS THAT COULD RESULT IN A CONFLICT OF INTEREST WITH THEIR FIDUCIARY OBLIGATION TO THE SCHOOL. AN ANNUAL SURVEY IS SENT TO EACH TRUSTEE AND KEY EMPLOYEE TO MONITOR COMPLIANCE WITH THE SCHOOL'S CONFLICT OF INTEREST POLICY TO DETERMINE IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS. WHEN THE SCHOOL BECOMES AWARE THAT A CONFLICT EXISTS, WHETHER POTENTIAL OR ACTUAL, ACTION IS TAKEN IMMEDIATELY TO CORRECT THE SITUATION. FORM 990, PART VI, SECTION B, QUESTION 15 THE PROCESS FOR DETERMINING COMPENSATION: . PERIODIC USE OF OUTSIDE CONSULTANT TO PROVIDE COMPENSATION DATA FOR HEADS OF SCHOOL TO EXECUTIVE COMMITTEE OF THE BOARD. . REVIEW OF DATA BY EXECUTIVE COMMITTEE OF THE BOARD. . INDIVIDUAL EVALUATION OF HEAD OF SCHOOL BY BOARD MEMBERS USING A FORMAL EVALUATION INSTRUMENT; HEAD OF SCHOOL SELF EVALUATION. . SUMMARIZATION OF INDIVIDUAL EVALUATIONS BY EXECUTIVE COMMITTEE OF THE BOARD. . DISCUSSION OF EVALUATION IN BOTH VERBAL AND WRITTEN FORM WITH THE HEAD OF SCHOOL AND THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, QUESTION 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: THE TAX RETURN IS MADE AVAILABLE UPON REQUEST FROM THE RAVENSCROFT BUSINESS OFFICE. SCHEDULE E, QUESTION 5D ADDITIONAL FINANCIAL ASSISTANCE PROVIDED TO STUDENTS: RAVENSCROFT USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANTS' FINANCIAL INFORMATION. THIS SERVICE IS PROVIDED BY TADS ON A NONDISCRIMINATORY BASIS. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO TADS FOR PROCESSING. A SUMMARY REPORT OF THE FAMILY FINANCIAL INFORMATION IS GENERATED AND SENT TO RAVENSCROFT SCHOOL. ONCE THIS REPORT IS RECEIVED THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. APPLICANTS ARE REQUIRED TO PROVIDE SUPPORTING DOCUMENTATION OF THE INFORMATION PROVIDED ON THE TADS APPLICATION. IN ADDITION TO THE FINANCIAL ASSISTANCE AWARDED THROUGH THE ABOVE PROCESS, THE SCHOOL MAINTAINS TWENTY-ONE FINANCIAL AID ENDOWMENTS AS WELL AS FOUR SCHOLARSHIP ENDOWMENTS TO BENEFIT STUDENTS. SOME OF THESE ENDOWMENTS HAVE NO CRITERIA AND OTHERS ARE AWARDED BASED ON SPECIFIC CRITERIA SUCH AS THE STUDENT BEING ENROLLED IN AN ACADEMIC SKILLS PROGRAM, DISADVANTAGED WITH FINANCIAL NEED, A MEMBER OF A MINORITY CLASS, EXCEL IN FINE ARTS, AND OTHER SELECTED CRITERIA. THE ADDITIONAL ENDOWMENTS ARE INTENDED TO SUPPORT, PROMOTE AND ENHANCE THE OVERALL COMPOSITION OF THE SCHOOLS ACADEMIC, MINORITY AND SOCIALLY DIVERSE COMMUNITY. RAVENSCROFT SCHOOL FOUNDATION INC 7409 FALLS OF THE NEUSE ROAD RALEIGH NC 27615 237035426 INVESTMENT NC 501(C)(3) 509(A)(3) NA true false false false false false false false false false false false false false false false false false false