2019-07-15T14:40:04-05:00 2018-08-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2017-09-01 980013401 ST STEPHEN'S SCHOOL STST 2125057409 15 GRAMERCY PARK SO NEW YORK NY 10003 ELIZABETH KNAPP MORRIS CHAIR 2125057409 2019-07-15 1 JUDY A CAHEE P00281935 5184596700 2019-07-15 24.213.242.82 2019-07-15 14:21:21 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 295F6B1386C2814350E0CCC37C83D1E0E6B70476 2017 2019-02-21 02:37:17Z ELIZABETH KNAPP MORRIS 15 GRAMERCY PARK SO NEW YORK NY 10003 18263598 0 X WWW.SSSROME.IT X 1962 CT EDUCATIONAL (HIGH SCHOOL) 27 25 26 25 0 0 230982 338072 10437187 10612699 91510 867167 365193 615905 11124872 12433843 662195 707427 0 0 5791207 6116867 0 0 202776 4160121 4316817 10613523 11141111 511349 1292732 15787387 17150883 9751583 9908745 6035804 7242138 REVENUES PROVIDE FOR THE PRIMARY OBJECTIVES OF THE SCHOOL: ACADEMIC EXCELLENCE, THE FOSTERING OF SENSE OF FELLOWSHIP AMONG STUDENTS AND FACULTY, AND THE PROMOTION OF STUDENTS AS INDEPENDENT, RESPONSIBLE AND RESPONSIVE CONTRIBUTING MEMBERS OF THE LARGER WORLD COMMUNITY. 0 0 7560165 707427 11228604 A CO-ED HIGH SCHOOL (THE SCHOOL) THAT OPERATES IN ROME, ITALY. THE SCHOOL IS OPEN TO AMERICANS AND STUDENTS FROM OTHER COUNTRIES, AND IS COMPRISED OF A MULTI-RACIAL STUDENT BODY. CURRENTLY, THE SCHOOL HAS 294 STUDENTS ENROLLED, WITH 46 NATIONALITIES REPRESENTED. 7560165 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 26 1 0 1 IT 0 0 0 0 0 0 0 0 X 27 25 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X X X GRAZIA BORLANDELLI 2125057409 VIA AVENTINA 3 ROME IT 06901 JEFFREY SCHON CHAIR 1.00 X X 0 0 0 DANIELA SALVIONI FIRST VICE CHAIR 1.00 X X 0 0 0 ROHIT AGGARWALA SECOND VICE CHAIR 1.00 X X 0 0 0 ERIC MAYER HEAD OF SCHOOL 60.00 X X 290586 0 0 RICHARD M ROUTHIER TREASURER 1.00 X X 0 0 0 MASSIMO ELSER EXECUTIVE TREASURER 1.00 X X 0 0 0 DEBORAH PACKER MUMM SECRETARY 1.00 X X 0 0 0 CHRISTIAN BASTIAN TRUSTEE 1.00 X 0 0 0 CARINA COURTRIGHT TRUSTEE 1.00 X 0 0 0 SANDRA CRAIG TRUSTEE 1.00 X 0 0 0 ERICA DORNBURG TRUSTEE 1.00 X 0 0 0 WILLIAM GRUY TRUSTEE 1.00 X 0 0 0 HELEN HANNICK TRUSTEE 1.00 X 0 0 0 DINA KAPLAN TRUSTEE 1.00 X 0 0 0 SARAH ELY KELLY TRUSTEE 1.00 X 0 0 0 GEORGE KLOPFER TRUSTEE 1.00 X 0 0 0 HARRY CHARLES MILLS SCIO TRUSTEE 1.00 X 0 0 0 ELIZABETH MORRIS TRUSTEE 1.00 X 0 0 0 DUNCAN POLLOCK TRUSTEE 1.00 X 0 0 0 DAVID SADOFF TRUSTEE 1.00 X 0 0 0 STEPHEN ALTSCHUL TRUSTEE 1.00 X 0 0 0 HARVEY STONE TRUSTEE 1.00 X 0 0 0 GINA GAMBINO TRUSTEE 1.00 X 0 0 0 SAMATHA LOTTI TRUSTEE 1.00 X 0 0 0 MATTIAS LJUNGMAN TRUSTEE 1.00 X 0 0 0 NATASHA PALLADINO TRUSTEE 1.00 X 0 0 0 TINA ROCCHIO TRUSTEE 1.00 X 0 0 0 AGNES MARTIN TRUSTEE 40.00 X 66234 0 0 GRAZIA BORLANDELLI BUSINESS MANAGER 40.00 X 110700 0 0 DEBORAH DOSTERT ASSISTANT HEAD FOR ACADEMIC AFFAIRS 40.00 X 111946 0 0 LEON MAGGIO ENGLISH DEPT HEAD & SUMMER PROG DIR 40.00 X 104773 0 0 ROBERT HOLCOMB DIRECTOR OF DEVELOPMENT 40.00 X 112500 0 0 796739 0 0 5 0 1 0 CIR FOOD VIA VINCENZO LAMARO 25 ROMA IT 00173 CATERING & FOOD SERVICE 182377 VIAGGI REALTA' SRL VIA GINORI 63 ROMA IT 00153 TRAVEL AGENCY 127777 ROMA SRL IX STRADA N 2 ZONA INDUSTRIALE IT 95121 BUILDING IMPROVEMENTS 104541 3 31684 306388 19650 338072 TUITION AND FEES 611600 9757916 9757916 EDUCATIONAL TRIPS 611600 514843 514843 ELECTIVE COURSES AND TESTING 611600 339940 339940 10612699 204265 204265 6492657 5829755 662902 662902 662902 OTHER INCOME 611710 615905 615905 615905 12433843 11228604 0 867167 707427 707427 290587 116235 174352 5826280 3921100 1900382 4798 189732 18973 170759 76641 7664 61313 7664 89963 89963 53215 53215 718851 467253 215655 35943 266387 213110 39958 13319 GENERAL ADMINISTRATION 640034 320883 187324 131827 STUDENT SERVICES 618342 618342 STUDENT ACTIVITIES 611222 611222 EXTERNAL AFFAIRS 501730 501730 550700 504741 36734 9225 11141111 7560165 3378170 202776 4577124 4527283 238076 246551 84198 131980 471263 330217 9632977 7542276 2027521 2090701 8389205 9824151 15787387 17150883 443979 389410 5543158 5584110 3764446 3935225 9751583 9908745 X 0 0 0 0 6035804 7242138 6035804 7242138 15787387 17150883 X 1292732 -169373 346655 -263680 X 0 1 X 0 0 X 8755560 6943008 1812552 433563 227676 205887 443854 371592 72262 2090701 OTHER LIABILITIES 1889391 LONG TERM DEBT - TFR 2045834 3935225 X 11903698 -169373 -360772 -530145 12433843 0 12433843 10697364 263680 263680 10433684 707427 707427 11141111 PART X, LINE 2: ST. STEPHEN'S FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED ST. STEPHEN'S TAX POSITIONS, INCLUDING THAT ST. STEPHEN'S IS EXEMPT FROM TAXES AND NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AND CONCLUDED THAT ST. STEPHEN'S HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF AUGUST 31, 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRIOR PERIOD ADJUSTMENT 346,655. FINANCIAL AID AND DISCOUNTS -707,427. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS 707,427. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL DOES NOT USE RADIO, TELEVISION, OR NEWSPAPER ADVERTISEMENTS TO SOLICIT FOR PROSPECTIVE STUDENT APPLICANTS. THE RACIALLY NONDISCRIMINATORY POLICY IS DISPLAYED IN THE SCHOOL'S APPLICATION, APPEARS ON THE SCHOOL'S WEBSITE, AND IS PUBLISHED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES ASSISTANCE FROM THE GOVERNMENT FOR SUPPORTING FINANCIAL AID. 0 ROME, ITALY 1 86 PROGRAM SERVICES EDUCATION 11051147 1 86 0 0 1 86 11051147 0 11051147 FINANCIAL AID ASSISTANCE ROME, ITALY 62 707427 REDUCTION OF EDUCATION COSTS FMV 0 0 0 0 0 0 X X 0 0 0 0 0 0 0 0 0 ERIC MAYER HEAD OF SCHOOL 290586 0 0 0 0 0 0 0 0 0 290586 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WHO HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE EXTERNAL AUDITOR AND IS SUBMITTED TO THE CHAIR AND CERTAIN MEMBERS OF MANAGEMENT FOR COMMENT/REVIEW AND APPROVAL. THE 990 IS THEN DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WHEN AN ACTUAL, PERCEIVED, OR POTENTIAL CONFLICT IS IDENTIFIED BY ANY PERSON, SUCH PERSON OR BOARD MEMBER MUST FULLY DISCLOSE THE CONFLICT TO THE BOARD CHAIR AND, WHERE APPROPRITATE, TO ALL BOARD OR COMMITTEE/TASKFORCE MEMBERS. THE CHAIR DEVELOPS AN APPROPRIATE RESPONSE, INCLUDING, WHERE NECESSARY, DISQUALIFICATION FROM VOTING AND DISCUSSION, AND ANY REMEDIAL ACTION. THE BOARD, COMMITTEE, OR TASKFORCE MUST AGREE IN MAJORITY ON THE OPTION OR COMBINATION OF OPTIONS TO BE TAKEN IN ANY GIVEN CONFLICT OF INTEREST SITUATION. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD AND THE HEAD OF THE SEARCH COMMITTEE/TRUSTEE NEGOTIATED THE HEAD OF SCHOOL'S WRITTEN EMPLOYMENT CONTRACT. THE BOARD OF TRUSTEES APPROVED THE HEAD OF SCHOOL'S HIRING AFTER THE EMPLOYMENT CONTRACT WAS NEGOTIATED AND FINALIZED. EACH YEAR, THE BOARD REVIEWS THE HEAD OF SCHOOL'S PERFORMANCE EVALUATION AND APPROVES ANY DISCRETIONARY BONUS OFFERED. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY MANUAL IS AVAILABLE VIA DIGITAL OR HARD COPY UPON REQUEST. FORM 990, PART XI, LINE 9: CURRENCY EXCHANGE RATE -263,680.