2019-05-15T11:17:11-05:00 2018-06-30 271235638 MCM CPAS & ADVISORS LLP 462 S FOURTH ST SUITE 2600 LOUISVILLE KY 402023445 990 2017-07-01 610731998 KENTUCKY COUNTRY DAY SCHOOL INC KENT 5024230440 4100 SPRINDALE ROAD LOUISVILLE KY 40241 CINDY STADULIS INTERIM DIRECTOR OF FINANCE AN 5024230440 2019-05-10 1 REBECCA L PHILLIPS CPA P00024055 5027491900 2019-05-10 69.135.99.226 2019-05-10 08:49:15 ED P 28B21ECBC39787C07F6167BFEBE3D0853ADA9022 52098CBE37C20CEFEADF3414307E3481C4665D7F 2017 2019-02-21 02:37:17Z DONNA PACCHIONI 4100 SPRINDALE ROAD LOUISVILLE KY 40241 27633007 0 X WWW.KCD.ORG X 1972 KY KCD CHALLENGES STUDENTS TO ACHIEVE ACADEMIC EXCELLENCE; INSPIRES STUDENTS THROUGH A DIVERSE COMMUNITY; ENCOURAGES PARTICIPATION IN THE ARTS, ATHLETICS, AND COMMUNITY SERVICE. 22 22 273 150 86955 -39147 2899661 1349874 18936749 18589207 449064 638083 275997 315797 22561471 20892961 0 0 0 0 12689396 12855782 0 0 1013693 7956101 7871947 20645497 20727729 1915974 165232 38420747 39614034 7084013 7365134 31336734 32248900 X KENTUCKY COUNTRY DAY SCHOOL CHALLENGES ITS STUDENTS TO ACHIEVE THEIR HIGHEST LEVEL OF ACADEMIC EXCELLENCE AND TO GROW INTO HONORABLE MEN AND WOMEN OF CONFIDENCE AND INTEGRITY. WE INSPIRE PERSONAL GROWTH THROUGH A DIVERSE COMMUNITY AND PARTICIPATION IN ARTS, ATHLETICS, AND COMMUNITY SERVICE. BY DOING SO, KENTUCKY COUNTRY DAY SCHOOL PREPARES ITS STUDENTS TO LIVE SUCCESSFUL LIVES AND MAKE MEANINGFUL CONTRIBUTIONS TO SOCIETY. THIS MISSION IS SUMMED UP IN OUR MOTTO: CITIZEN, SCHOLAR, STEWARD. 0 0 15804459 18703050 ACADEMICS: KCD'S APPROXIMATELY 100 TEACHERS FOCUS ON PROVIDING STIMULATION FOR INDIVIDUAL EXPRESSION AND ACHIEVEMENT FOR THE 850 STUDENTS ENROLLED IN GRADES K-12. TECHNOLOGY IS USED IN INSTRUCTION FROM AN EARLY AGE, AND ALL MIDDLE SCHOOL AND UPPER SCHOOL STUDENTS HAVE LAPTOPS FOR CLASSWORK AND ASSIGNMENTS. THE MAJORITY OF KCD'S UPPER SCHOOL STUDENTS ATTEND COLLEGE, INCLUDING MANY OF THE TOP COLLEGES AND UNIVERSITIES IN THE COUNTRY.ARTS: KCD STUDENTS OF ALL AGE LEVELS DEVELOP THEIR ARTISTIC, THEATRICAL AND MUSICAL TALENTS THROUGH A WIDE RANGE OF PROGRAMS, INCLUDINGPERFORMANCE IN A 400 SEAT THEATER.ATHLETICS: KCD STUDENTS DEVELOP THEIR BODIES AND CHARACTERS THROUGH PARTICIPATION IN A VERY WIDE RANGE OF INTERSCHOLASTIC AND INTRAMURALSPORTS PROGRAMS. 15804459 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 30 0 1 273 1 1 1 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X DONNA PACCHIONI 5028144307 4100 SPRINDALE ROAD LOUISVILLE KY 40241 BARBIE DICKENS CHAIR 1.00 X X 0 0 0 GEORGE J WAGNER III VICE CHAIR 2.00 X X 0 0 0 AMAR KHADEY SECRETARY 1.00 X X 0 0 0 PAM KLINNER TREASURER 1.00 X X 0 0 0 HUNTER BATES TRUSTEE 1.00 X 0 0 0 SHELLY BREIER TRUSTEE 1.00 X 0 0 0 RICHARD HC CLAY TRUSTEE 1.00 X 0 0 0 KATHY COX TRUSTEE 1.00 X 0 0 0 SUSAN DIAMOND TRUSTEE 1.00 X 0 0 0 DR KIMATHI DOSS TRUSTEE 1.00 X 0 0 0 DORIS FLOWERS TRUSTEE 1.00 X 0 0 0 ORN GUDMUNDSSON TRUSTEE 1.00 X 0 0 0 JOHN HANDMAKER TRUSTEE 1.50 X 0 0 0 KIMBERLY JACKSON TRUSTEE 1.00 X 0 0 0 JOHN JENNINGS TRUSTEE 1.00 X 0 0 0 ALLAN LATTS TRUSTEE 1.00 X 0 0 0 WILLIAM EDWIN LEWIS TRUSTEE 1.00 X 0 0 0 ELIZABETH POINDEXTER TRUSTEE 1.00 X 0 0 0 RODERICK PURDY TRUSTEE 1.00 X 0 0 0 AMY PURKISS TRUSTEE 1.00 X 0 0 0 TAMALA RIGNEY TRUSTEE 1.00 X 0 0 0 SHANE SHAPS TRUSTEE 1.00 X 0 0 0 CINDY STADULIS ASSISTANT HEAD OF SCHOOL 50.00 X 196974 0 7407 BRADLEY LYMAN HEAD OF SCHOOL 50.00 X 366430 0 40488 ANNE GLOSKY ASSOC HEAD OF SCHOOL & INT 50.00 X 159023 0 14352 JAMES T GREEN ATHLETIC DIRECTOR 50.00 X 128578 0 27056 MARCHE HARRIS UPPER SCHOOL HEAD 50.00 X 130528 0 17310 FRANK HEIL OPERATIONS DIRECTOR 50.00 X 113515 0 8526 AMY MENDEL LOWER SCHOOL HEAD 50.00 X 113388 0 41884 GENTRY EASLEY DEVELOPMENT DIRECTOR 50.00 X 107885 0 21356 1316321 0 178379 8 0 1 0 SHERMAN CARTER BARNHART ARCHITECTS 9300 SHELBYVILLE ROAD SUITE 502 LOUISVILLE KY 40222 ARCHITECTURE 531145 GORDON FOOD SERVICE 641 S HURSTBOURNE PKWY LOUISVILLE KY 40222 FOOD SERVICE 218359 CAMPBELL & COMPANY ONE EAST WACKER DRIVE SUITE 2100 CHICAGO IL 60601 PROFESSIONAL FUNDRAISER 129038 JJB HILLIARD W L LYONS LLC 500 WEST JEFFERSON STREET SUITE 70 LOUISVILLE KY 40202 INVESTMENT MANAGER 121688 4 50178 1299696 146237 1349874 TUITION AND FEES 611710 17936096 17936096 MISCELLANEOUS 611710 214835 214835 ARTS ACADEMY 611710 167445 167445 SUMMER PROGRAM INCOME 611710 132052 132052 AFTER SCHOOL PROGRAMS 611710 76566 76566 62213 62213 18589207 335409 335409 86955 0 86955 86955 86955 6576706 379939 6653971 0 -77265 379939 302674 302674 177634 50178 54676 122958 122958 23440 31399 -7959 -7959 THEATRE PERFORMANCE 900099 103863 103863 MISCELLANEOUS INCOME 900099 9980 9980 113843 20892961 18703050 86955 753082 961250 722427 32202 206621 10153932 6832918 2738602 582412 549599 532560 17039 410122 379344 28344 2434 780879 647698 112217 20964 19104 19104 2500 2500 60112 60112 196536 56085 140451 105123 59579 45544 660370 497728 162215 427 185282 185282 718487 694871 23616 945 903 42 148294 148294 1051420 1044290 7130 82683 82683 FINANCIAL AID 3109071 3109071 INSTRUCTIONAL - OTHER 885124 878496 6628 ADMINISTRATIVE - OTHER 453579 163287 116111 174181 THEATRE PERFORMANCES 112260 112260 81057 72942 5128 2987 20727729 15804459 3909577 1013693 2024156 1919278 1618408 1842024 58705 19075 237248 373568 33425194 15490628 18099028 17934566 11751971 13059710 16464 9334 4614767 4456479 38420747 39614034 1710165 1531759 2743418 3685143 2315064 1960466 315366 187766 7084013 7365134 X 13128380 13186362 5890917 6310138 12317437 12752400 31336734 32248900 38420747 39614034 X 165232 351875 395059 X X 0 1 X 1 0 X 16376902 164715 1192837 554888 60112 17119454 15019455 33116 1946331 590384 31616 16376902 16190610 162192 58293 1355448 36192 15019455 16878537 163944 -102871 718398 30602 16190610 16560924 235728 1417216 1303517 31814 16878537 0.04160 0.73970 0.21870 0 0 658970 658970 23234859 8822460 14412399 8060079 6123909 1936170 1471286 544259 927027 17934566 OTHER RECEIVABLES 434720 BENEFICIAL INTEREST IN CHARITABLE TRUSTS 4021759 4456479 DEPOSITS HELD FOR OTHERS 148454 FAIR VALUE OF INTEREST RATE SWAP 39312 187766 X 18399734 351875 -2784125 -2432250 20831984 60112 865 60977 20892961 17487568 -70978 -70978 17558546 60112 3109071 3169183 20727729 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUND IS TO SUPPORT OPERATIONS. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO INCOME TAX EXPENSE IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -3,109,071. CHANGE IN FAIR VALUE BENEFICIAL INTEREST TRUST 324,946. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN LOSS ON DISPOSAL OF ASSETS 865. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP -70,113. GAIN LOSS ON DISPOSAL OF ASSETS -865. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,109,071. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICIES ARE PUBLICIZED THROUGH ADVERTISEMENT BOTH IN PRINT AND BROADCAST. X X X X 1 CAMPBELL & COMPANY 1031 WELLINGTON WAY 115 LEXINGTON KY 40513 FEASIBILITY STUDY 0 0 0 129038 129038 KY AUCTION 227812 50178 177634 2460 52216 227812 50178 177634 2460 52216 54676 122958 23440 30300 1099 0 23440 30300 1099 31399 -7959 KY 1 0 1 0 1.00000 WENDY HESKETH 4100 SPRINGDALE ROAD LOUISVILLE KY 40241 0 GENTRY EASLEY OVERSEES DISTRIBUTION AND COLLECTION OF RAFFLE TICKETS, DEPOSITS MONEY FROM SALES OF RAFFLE TICKETS AND FILES CHARITABLE GAMING REPORTS WITH THE STATE. X 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) KCD HIRED A CONSULTANT TO PERFORM A FEASIBILITY STUDY REGARDING THEIR CAPITAL CAMPAIGN. X X X 1 1 X X X 0 1 0 0 0 0 0 1 0 CINDY STADULIS ASSISTANT HEAD OF SCHOOL 186974 0 10000 0 0 0 0 0 7407 0 204381 0 0 0 BRADLEY LYMAN HEAD OF SCHOOL 366430 0 0 0 0 0 20250 0 20238 0 406918 0 0 0 ANNE GLOSKY ASSOC HEAD OF SCHOOL & INT 159023 0 0 0 0 0 11952 0 2400 0 173375 0 0 0 JAMES T GREEN ATHLETIC DIRECTOR 128578 0 0 0 0 0 10694 0 16362 0 155634 0 0 0 AMY MENDEL LOWER SCHOOL HEAD 113388 0 0 0 0 0 8589 0 33295 0 155272 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL LIVES IN A HOME OWNED BY THE SCHOOL. THE HEAD PAYS RENT TO KENTUCKY COUNTRY DAY SCHOOL AND HIS WAGES ARE INCREASED BY AN AMOUNT COMMENSURATE WITH THE RENT AND ITS TAXABLE EFFECT OF THE HEAD'S INCOME. THE UTILITIES AND MAINTENANCE EXPENSES ASSOCIATED WITH THE AFOREMENTIONED HOUSE ARE PAID BY KENTUCKY COUNTRY DAY SCHOOL. CERTAIN SOCIAL CLUB DUES THROUGH WHICH THE HEAD OF SCHOOL CAN SOLICIT DONATIONS TO THE SCHOOL ARE PAID FOR BY KENTUCKY COUNTRY DAY. PART I, LINE 7 THE HEAD OF SCHOOL'S ANNUAL BONUS IS BASED ON PREDETERMINED SCHOOL OBJECTIVES ESTABLISHED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL'S BONUS PAID DURING THE 2017 CALENDAR YEAR WAS $10,000. A CITY OF BROWNSBORO FARM KENTUCKY 610845788 2009-11-01 2900157 EDUCATIONAL FACILITIES REVENUE BONDS 0 0 0 B CITY OF BROWNSBORO FARM KENTUCKY 610845788 2009-11-01 4945780 EDUCATIONAL FACILITIES REVENUE BONDS 0 0 0 A 2046069 2900157 26354 2873803 2001 1 0 1 1 B 3839402 4945780 44943 4900839 2010 0 0 1 1 A 0 0 0 0 0 0 1 B 0 1 0 0 0.01760 0.02230 0.03990 0 0 1 A 0 0 1 0 1 1 STOCK YARDS BANK 10.000000000000 0 0 0 0 0 B 0 0 0 1 1 1 STOCK YARDS BANK 10.000000000000 0 0 0 0 0 A 0 B 0 62300 DISCOUNTED TUITION JANE LYMAN KCD TEACHER 71769 SALARYJANE LYMAN, A TEACHER AT AND EMPLOYEE OF KCD, IS THE WIFE OF BRAD LYMAN, THE HEAD OF THE SCHOOL. THE AMOUNT OF THE TRANSACTION LISTED IS THAT OF THE WAGES PAID TO JANE LYMAN FOR HER TEACHING. 0 JEFF TOPHAM KCD ADMINISTRATOR 69330 SALARYJEFF TOPHAM, AN ADMINISTRATOR AT AND EMPLOYEE OF KCD, IS THE HUSBAND OF ANNE GLOSKY, THE INTERIM HEAD OF SCHOOL. THE AMOUNT OF THE TRANSACTION LISTED IS THAT OF THE WAGES PAID TO JEFF TOPHAM. 0 HEATHER ALFORD KCD TEACHER 29100 SALARYHEATHER ALFORD IS AN ASSISTANT FACULTY MEMBER AT KCD AND THE WIFE OF A TRUSTEE. THE AMOUNT OF THE TRANSACTION LISTED IS THAT OF WAGES PAID TO HEATHER FOR HER POSITION AS AN ASSISTANT FACULTY MEMBER. 0 MARY CLAY EDINGER KCD TEACHER 55546 SALARYMARY CLAY EDINGER, A TEACHER AT AND EMPLOYEE OF KCD, IS A FAMILY MEMBER OF RICHARD CLAY, TRUSTEE. THE AMOUNT OF THE TRANSACTION LISTED IS THAT OF THE WAGES PAID TO MARY CLAY EDINGER FOR HER TEACHING. 0 X 20 96059 FMV X AUCTION ITEMS 320 50178 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE DIRECTOR AND THE BOARD OF DIRECTORS. THE 990 IS ONLY APPROVED BY THE FINANCE COMMITTEE. ALL MEMBERS OF THE GOVERNING BODY ARE PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C KCD CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS REQUIRED TO BE COMPLETED AND SIGNED BY TRUSTEES, CERTAIN OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 A SPECIAL COMPENSATION COMMITTEE CONSISTING OF CURRENT BOARD MEMBERS, REVIEWS COMPARABLE DATA AND INDEPENDENT FINDINGS BEFORE ESTABLISHING THE COMPENSATION OF THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES THE OFFICERS' COMPENSATION. THE HEAD OF SCHOOL TAKES INTO CONSIDERATION REPORTS FROM INDEPENDENT SCHOOL DATA EXCHANGE (INDEX), MARKET CONSIDERATIONS (SUCH AS SIMILAR POSITIONS AT OTHER SCHOOLS), PERFORMANCE AND THE OVERALL COMPENSATION POOL. FORM 990, PART VI, SECTION C, LINE 19 KENTUCKY COUNTRY DAY SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST TRUST 324,946. CHNAGE IN VALUE OF INTEREST RATE SWAP 70,113. FORM 990, PART XII, LINE 2C: THE FINANCE, AUDIT AND INVESTMENT COMMITTEE RECOMMENDS THE APPOINTMENT OF THE OUTSIDE AUDITORS TO THE ENTIRE BOARD OF TRUSTEES FOR APPROVAL. THIS COMMITTEE MEETS WITH THE OUTSIDE AUDITORS PRIOR TO THE BEGINNING OF THE AUDIT TO DISCUSS SCOPE AND OBJECTIVES OF THE AUDIT. THIS COMMITTEE IS ALSO AVAILABLE DIRECTLY TO THE OUTSIDE AUDITORS AS THE AUDIT PROGRESSES. UPON COMPLETION OF THE AUDIT, THE COMMITTEE MEETS AGAIN WITH THE OUTSIDE AUDITORS TO REVIEW RESULTS. DURING THE PROCESS, THE COMMITTEE MEETS WITH THE OUTSIDE AUDITORS WITHOUT THE PRESENCE OF MANAGEMENT OF THE SCHOOL. THE AUDIT REPORT IS APPROVED BY THE COMMITTEE AND IS THEN PRESENTED BY THE FINANCE AND AUDIT COMMITTEE CHAIR TO THE ENTIRE BOARD.