2019-05-15T07:40:08-05:00 2018-06-30 BKD LLP 375 N Shore Drive Suite 501 Pittsburgh PA 152125866 990 2017-07-01 250965558 SEWICKLEY ACADEMY % KAREN MCAVOY SEWI 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 KAREN MCAVOY dir of finance & ops 4127412230 2019-05-15 true Stephen Heilman P00354011 4123649395 167.68.126.162 25502420191355000001 2019-05-15 P 22E63EEB1B2D2D40C75964B17E423DFEA7CFA2D9 3C9C56E1B3433D2229A0278EBD8C1659CFCCA14E 2017 2019-02-21 02:37:17Z JOHN DILLON 315 ACADEMY AVENUE SEWICKLEY PA 15143 20950233 false X WWW.SEWICKLEY.ORG X 1838 PA OPERATION OF A PRIVATE SCHOOL FOR EDUCATIONAL PURPOSES. 21 20 225 65 0 1789123 1583907 15613553 16271889 990829 1261198 245957 146175 18639462 19263169 1839481 2192649 0 0 11939398 12047340 0 0 681379 5668080 5584551 19446959 19824540 -807497 -561371 78318641 77727546 12544798 10695592 65773843 67031954 X SEWICKLEY ACADEMY INSPIRES AND EDUCATES STUDENTS TO ENGAGE THEIR HEARTS, MINDS, AND HANDS TO CULTIVATE THEIR FULL INDIVIDUAL AND COLLECTIVE POTENTIAL IN THE SERVICE OF A GREATER GOOD. false false 15509017 2192649 16293551 AS PITTSBURGH'S OLDEST CO-EDUCATIONAL COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL, SEWICKLEY ACADEMY PREPARES ITS OVER 640 STUDENTS FOR A LIFETIME OF SUCCESS BY INSPIRING THEM TO REACH THEIR FULL POTENTIAL AS CURIOUS, COURAGEOUS, AND COMPASSIONATE LEARNERS. THE STUDENT BODY IS HIGHLY DIVERSE AND RESIDE IN VARIOUS SCHOOL DISTRICTS IN THE TRI-STATE AREA. EXCEPTIONAL PROGRAMS, SMALL CLASSES, AND TALENTED FACULTY HELP STUDENTS BECOME CONSCIENTIOUS LEADERS, CRITICAL THINKERS, AND RESPONSIBLE MEMBERS OF A GLOBAL COMMUNITY. THE ACADEMY'S COMMITMENT TO EDUCATIONAL EXCELLENCE IS EVIDENT IN 100% OF GRADUATES CONTINUING THEIR EDUCATION AT A FOUR YEAR INSTITUTION. STUDENTS FROM THE CLASS OF 2018 WERE OFFERED MORE THAN $5.2 MILLION IN MERIT SCHOLARSHIPS AND 91% OF SENIORS WERE ADMITTED TO A TOP-CHOICE COLLEGE OR UNIVERSITY. ADDITIONAL ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. 15509017 true true false false false false false false false true true true false false true false true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 243 0 true 225 true false false false false false false false false false false X 21 20 false false false false false false false true true false false true true true true true true true false false PA X KAREN MCAVOY 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 X MRS AMY SIMMONS SEBASTIAN TRUSTEE 1.0 0.0 X 0 0 0 MRS MARGARET SHIELDS GILFILLAN SECRETARY 1.0 0.0 X X 0 0 0 MR TOM HEWITT TREASURER 1.0 0.0 X X 0 0 0 MR KEVIN PARK MEMBER-AT-LARGE 1.0 0.0 X 0 0 0 MS KATE POPPENBERG PIGMAN CHAIR 1.0 0.0 X X 0 0 0 MR DOUGLAS ALLEN TRUSTEE 1.0 0.0 X 0 0 0 MS RACHEL LOREY ALLEN TRUSTEE 1.0 0.0 X 0 0 0 MR BRADLEY BUSATTO VICE CHAIR 1.0 0.0 X X 0 0 0 MR MARK CLOUSE TRUSTEE 1.0 0.0 X 0 0 0 MRS KRISTEN HAMMEL TRUSTEE 1.0 0.0 X 0 0 0 MS GRETCHEN HANSEN TRUSTEE 1.0 0.0 X 0 0 0 MR KRIS LIGHTCAP TRUSTEE 1.0 0.0 X 0 0 0 MR DONALD MURANO TRUSTEE 1.0 0.0 X 0 0 0 MR PAUL O'NEILL JR TRUSTEE 1.0 0.0 X 0 0 0 ASHVIN RAGOOWANSI MD TRUSTEE 1.0 0.0 X 0 0 0 MRS JENNA STEVENSON TRUSTEE 1.0 0.0 X 0 0 0 MR AARON WASHINGTON TRUSTEE 1.0 0.0 X 0 0 0 MR KOLIA J O'CONNOR HEAD OF SCHOOL 55.0 0.0 X X 337170 0 89098 MR JONATHAN GLANCE PRESIDENT OF ALUMNI ASSOC. 1.0 0.0 X 0 0 0 CLAIRE KENDRICK PHD TRUSTEE 1.0 0.0 X 0 0 0 MS MELISSA MARKS TRUSTEE 1.0 0.0 X 0 0 0 MR JOHN DILLON FORMER DIRECTOR OF FINANCE 55.0 0.0 X 186642 0 16264 MR WIN PALMER ATHLETIC DIRECTOR 55.0 0.0 X 143628 0 20761 MR TIMOTHY HASTINGS DIRECTOR OF BLD & GROUNDS 55.0 0.0 X 123637 0 12505 MR BRENDAN SCHNEIDER DIRECTOR OF ADVANCEMENT 55.0 0.0 X 119105 0 45225 MRS JESSICA PELUSO SR. SCHOOL DEAN OF STUDENT EXP 55.0 0.0 X 76484 0 67413 MRS CAROLINE MIKHEEV HEAD OF LOWER SCHOOL 55.0 0.0 X 118666 0 22487 1105332 0 273753 17 false true false HUCKESTEIN MECHANICAL SVC INC 46A SOUTH LINDEN STREET DUQUESNE PA 15110 HVAC SERVICING 126777 HERCULES LED 898 ROUTE 910 SUITE 1 INDIANOLA PA 15051 ELECTRICAL SERVICES 139719 STA-CORAOPOLIS 200 KENDELL STREET CORAOPOLIS PA 15108 STUDENT TRANSPORT 148741 METZ CULINARY MANAGEMENT TWO WOODLAND DRIVE DALLAS PA 18612 FOOD SERVICE 177335 JC ENTERPRISES 1385 RIVERVIEW ROAD CRESCENT PA 15046 CONSTRUCTION SVCS 137555 7 X 86467 1497440 24278 1583907 TUITION 611600 15786691 15786691 ACTIVITIES & SPECIAL FEES 611600 466432 466432 MISCELLANEOUS REVENUE 900099 18766 18766 16271889 945642 945642 0 0 31987 31987 0 31987 31987 0 1808889 0 1480016 13317 328873 -13317 315556 -13317 328873 185324 74128 111196 111196 0 0 0 122595 119603 2992 2992 0 19263169 16293551 0 1385711 0 2192649 2192649 0 0 0 0 9822089 7872890 1469762 479437 578276 332032 220231 26013 934364 571862 309831 52671 712611 397283 280456 34872 0 37820 37820 51366 51366 0 0 39797 39797 373 373 153593 170 153423 270894 62775 208119 190237 190237 3177 3177 961508 961508 39363 39363 0 52431 52431 273871 273871 0 1760069 1750566 9503 152539 152539 EDUCATIONAL CLASSROOM 623887 486531 137356 ATHLETIC PROGRAM 152261 152261 EQUIPMENT RENTAL & MAINTENANCE 119464 72328 47136 OTHER EXPENSE 493243 97083 308147 88013 208658 208658 19824540 15509017 3634144 681379 1297 1331 3675439 3528458 1848325 1279362 141526 163987 0 0 0 0 0 0 165111 129272 21821 36723 58680693 21420546 38318008 37260147 0 0 34078332 35267287 0 0 0 0 68782 60979 78318641 77727546 1493455 1518014 0 0 408147 417522 10409510 8698192 0 0 0 0 0 0 0 0 233686 61864 12544798 10695592 X 59431948 61080954 2929758 2437964 3412137 3513036 65773843 67031954 78318641 77727546 X -561371 1647664 171818 X X false true X true false X 34012350 125577 2922391 1848055 35212263 31495423 130561 4042942 1656576 34012350 34087408 10159 -1032275 1569869 31495423 36012294 38192 -302207 1660871 34087408 33175230 67670 4317092 1547698 36012294 0.86940 0.09980 0.03080 false false 84055 1772264 1856319 161947 46748092 18270598 28639441 4316703 1146050 3170653 5597632 2003898 3593734 37260147 PRIVATE EQUITY SECURITIES 10000 F CDS AND MONEY MARKET 45024 F MUTUAL FUNDS 35212263 F 35267287 0 INTEREST RATE SWAP 61864 61864 X 18964131 1647664 -1946702 -299038 19263169 19263169 17706019 74128 74128 17631891 2192649 2192649 19824540 FORM 990, SCHEDULE D, PART V, LINE 4 THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE FINANCIAL SUPPORT TO THE ACADEMY FOR OPERATIONS AND CAPITAL PROJECTS. FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 2D Special Event Expenses $ 74,128 Unrealized interest rate swap adjustment 171,821 FINANCIAL AID & REMISSION (2,192,649) ROUNDING (2) TOTAL $(1,946,702) FORM 990, SCHEDULE D, PART XII, LINE 2D Special Event Expenses $74,128 FORM 990, SCHEDULE D, PART XII, LINE 4B FINANCIAL AID & REMISSION $2,192,649 true true true true true true true false false false false false false false false false false true Part I, Line 3 Brochures, catalogues, announcements and scholarship forms are on file at the academy and are available for submission upon request. AUCTION 185324 185324 21055 53073 0 185324 185324 21055 53073 74128 111196 true FINANCIAL AID 115 1757121 FMV TUITION REMISSION 27 435528 FMV FORM 990, SCHEDULE I, PART I, LINE 2 THE GRANTS TO INDIVIDUALS REPRESENT TUITION SCHOLARSHIPS AND REMISSION GRANTED BY THE ACADEMY TO A SELECTION OF STUDENTS. THE ACADEMY DETEREMINES ELIGIBILITY FOR THE SCHOLARSHIPS BASED ON ACADEMIC ABILITY AND FINANCIAL NEED OF THE STUDENT, AS WELL AS THE BUDGETED REVENUES AND EXPENSES OF THE ACADEMY. NO FURTHER MONITORING OF THE FUNDS ARE REQUIRED AS NO SPECIFIC REQUIREMENTS ARE APPLICABLE OTHER THAN THE STUDENT'S CONTINUED ADMISSION WITHIN THE ACADEMY. X X true true X X X X false false false false false false false false false MR KOLIA J O'CONNOR HEAD OF SCHOOL 337170 18900 70198 426268 MR JOHN DILLON FORMER DIRECTOR OF FINANCE 186642 13044 3220 202906 MR WIN PALMER ATHLETIC DIRECTOR 143628 9478 11283 164389 MR BRENDAN SCHNEIDER DIRECTOR OF ADVANCEMENT 119105 0 0 0 0 0 9014 0 36211 0 164330 0 0 0 SCHEDULE J, PART I, LINE 1A KOLIA O'CONNOR - HOUSE AND SOCIAL CLUB DUES X 1 22974 FMV X GIFT CARDS 1 125 FMV X SERVICES 3 1179 FMV false false false FORM 990, PART III, Line A: ADDITIONAL ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 11A: THE FORM 990 IS SUBMITTED TO THE DIRECTOR OF FINANCE & OPERATIONS AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: BUSINESS OFFICE AND HEAD OF SCHOOL OFFICE ARE AWARE OF POTENTIAL CONFLICTS AND MONITOR DURING NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15: THE BUSINESS OFFICE PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ON HEADS OF SCHOOL ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON VERBAL REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED INTEREST RATE SWAP ADJUSTMENT: $171,821 rounding: (3) Total $171,818 FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FORM THE PRIOR YEAR.