2018-05-15T10:28:46-05:00 2017-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2016-07-01 237241145 ST DAVID'S SCHOOL % MIRIAM LESHNOCK STDA 9197823240 3400 WHITE OAK ROAD RALEIGH NC 27609 MIRIAM LESHNOCK ASSISTANT HEADMASTER 9197823240 2018-05-15 true Ronald A Batchelor P00077863 9197878212 2016 2022-09-23 18:48:47Z JONATHAN YONAN 3400 WHITE OAK ROAD RALEIGH NC 27609 18428322 false X WWW.SDSW.ORG X 1972 NC ST. DAVID'S PREPARES YOUNG MEN AND WOMEN FOR COLLEGE AND LIFE BY CHALLENGING THEM TO EXCEL IN THE VITAL AREAS OF FAITH, VIRTUE AND KNOWLEDGE. 11 11 227 280 0 1650869 4167812 11575489 12212669 61580 233547 10102 5185 13298040 16619213 530474 559281 0 0 8091587 8740710 0 0 153341 4624985 5763417 13247046 15063408 50994 1555805 30509866 33318608 22114862 23240545 8395004 10078063 ST. DAVID'S IS AN INDEPENDENT SCHOOL IN THE EPISCOPAL SCHOOL TRADITION THAT PREPARES YOUNG MEN AND WOMEN FOR COLLEGE AND LIFE BY CHALLENGING THEM TO EXCEL IN THE VITAL AREAS OF FAITH, VIRTUE AND KNOWLEDGE. false false 10089929 559281 12212669 EXPENSES ARE INCURRED TO OPERATE A SCHOOL FOR 646 PRE-KINDERGARTEN THROUGH 12TH GRADE STUDENTS. THESE EXPENSES INCLUDE TEACHER SALARIES, EDUCATIONAL MATERIALS, FIELD TRIPS AND OTHER STUDENT ACTIVITIES. 10089929 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true false false false false false false false false false true true false false false false false false false false true 41 0 true 227 true false false false false false true true false false false false X 11 11 true false false false false false false true true false false false true true true true true true true false X X MIRIAM LESHNOCK 9197823240 3400 WHITE OAK ROAD RALEIGH NC 27609 JOE KNOTT III CHAIRMAN 1.0 0.0 X X 0 0 0 CLIFF BENSON JR TRUSTEE 1.0 0.0 X 0 0 0 CLIFF BENSON III TRUSTEE 1.0 0.0 X 0 0 0 NEAL COKER TRUSTEE 1.0 0.0 X 0 0 0 PAUL CONWAY TRUSTEE 1.0 0.0 X 0 0 0 TOM ELLIS TRUSTEE 1.0 0.0 X 0 0 0 DONNA MCCLATCHEY TRUSTEE 1.0 0.0 X 0 0 0 VEN POOLE SECRETARY/TREASURER 1.0 0.0 X X 0 0 0 JULE SMITH TRUSTEE 1.0 0.0 X 0 0 0 MIKE SMITH VICE-CHAIRMAN 1.0 0.0 X X 0 0 0 PHIL YORK TRUSTEE 1.0 0.0 X 0 0 0 KEVIN J LOCKERBIE FORMER HEADMASTER 40.0 0.0 X 246025 0 16344 MIRIAM F LESHNOCK ASST HEADMASTER FINANCE/OPER 40.0 0.0 X 192947 0 10710 TODD VON HELMS INTERIM HEADMASTER 40.0 0.0 X 62359 0 3075 JONATHAN YONAN HEADMASTER 40.0 0.0 X 0 0 0 501331 0 30129 2 false true false R AND R FIELDS LLC PO BOX 17967 RALEIGH NC 27619 FIELD MAINTENANCE 171970 1 73693 4094119 67915 4167812 TUITION & REGISTRATION 900099 11436032 11436032 ACADEMIC SUPPORT 900099 240750 240750 AFTER SCHOOL CARE 900099 32538 32538 OTHER SCHOOL ACTIVITIES 900099 503349 503349 12212669 124922 124922 0 0 13731 13731 0 13731 13731 1880538 1768291 3622 112247 -3622 108625 108625 28650 73693 37196 -8546 -8546 0 0 0 0 0 0 0 16619213 12212669 238732 0 559281 559281 0 0 626941 626941 0 6691687 5188862 1502825 331084 249102 81982 561897 400210 161687 529101 376173 152928 0 12897 12897 0 0 0 63823 37570 26253 103375 85732 17643 132239 132239 832401 150622 665635 16144 568173 568173 0 247883 34704 208221 4958 0 0 37518 18759 18759 262098 262098 0 1109761 1109761 114058 114058 REPAIRS & MAINTENANCE 524425 11718 512707 BAD DEBT EXPENSE 52149 52149 INSTRUCTIONAL MATERIALS 172969 172969 ATHLETIC EQUIPMENT, FEES ETC 171978 171978 1357670 941418 416252 15063408 10089929 4820138 153341 5737299 3798573 0 0 519074 2876728 84739 72082 0 0 0 0 0 0 0 0 84188 112886 31184105 8988109 20122364 22195996 3943815 4262343 0 0 0 0 0 0 18387 0 30509866 33318608 563059 933301 0 0 5720500 5229298 15831303 16992589 0 0 0 0 0 0 0 0 0 85357 22114862 23240545 X 7662871 7066601 712849 3011462 19284 0 8395004 10078063 30509866 33318608 X 1555805 99202 28052 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19284 19284 19284 19284 19284 19284 19284 19284 false false 1470793 1470793 27221524 7407661 19813863 1596991 868107 728884 894797 712341 182456 22195996 0 CAPITAL LEASE 85357 85357 X 16136503 99202 99202 16037301 26253 555659 581912 16619213 14481496 14481496 26253 555659 581912 15063408 SCHEDULE D, PART V, LINE 4 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE JOSE CORNEJO SOCCER EXCELLENCE ENDOWMENT PROVIDES SOCCER SCHOLARSHIPS TO ELIGIBLE STUDENTS WHO QUALIFY ACCORDING TO THE ENDOWMENT'S CRITERIA. DURING THE CURRENT YEAR, BASED ON DONOR AUTHORIZATION, THE ENTIRE FUND AMOUNNT WAS TRANSFERRED TO TEMPORARILY RESTRICTED NET ASSETS FOR USE IN THE ORGANIZATION'S SOCCER PROGRAM. SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE: $559,281 FINANCIAL AID INCLUDED AS A REDUCTION OF FINANCIAL STATEMENTS TUITION RECEIVED PLUS ($3,622) LOSS ON DISPOSAL OF ASSETS INCLUDED AS AN EXPENSE ON FINANCIAL STATEMENTS. SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES: $559,281 FINANCIAL AID INCLUDED AS A REDUCTION OF FINANCIAL STATEMENTS TUITION RECEIVED PLUS ($3,622) LOSS ON DISPOSAL OF ASSETS INCLUDED AS AN EXPENSE ON FINANCIAL STATEMENTS. SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740): THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES, AND ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED FOR THE SCHOOL IN THE ACCOMPANYING FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY: THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH VARIOUS FORMS OF PRINT AND ONLINE MEDIA SOLICITING STUDENTS. ONLINE AUCTION 102343 73693 28650 33693 3503 0 0 0 0 0 0 102343 73693 28650 33693 3503 37196 -8546 true FINANCIAL AID 84 559281 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING GRANT FUNDS IN THE UNITED STATES: ST. DAVID'S 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 THE SCHOOL. ONCE THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS IT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. THE COMMITTEE ALSO ANALYZES MOST RECENT TAX RETURNS AND OTHER FACTORS AS NECESSARY. X true true X X X true false false false false false false false false KEVIN J LOCKERBIE FORMER HEADMASTER 210963 22051 13011 8084 8260 262369 MIRIAM F LESHNOCK ASST HEADMASTER FINANCE/OPER 168675 0 24272 10135 575 203657 A WISCONSIN PUBLIC FINANCE AUTHORITY 273866124 2014-09-19 18750000 FINANCE CAPITAL CONSTRUCTION false false false A 0 0 16188438 0 0 0 325749 0 0 0 17010368 1413883 false false false true A false false false false 0 false false false false A false false false false true true SUNTRUST 10. false false false 0 false false A false SCHEDULE K, PART V WRITTEN PROCEDURES FOR VIOLATIONS OF FEDERAL TAX REQUIREMENTS: THE ORGANIZATION BELIEVES IT IS IN COMPLIANCE WITH THE REQUIREMENTS OF SECTION 145 AND OTHER APPLICABLE REQUIREMENTS FOR ITS TAX-EXEMPT BONDS. JULE SMITH BOARD OF TRUSTEES MEMBER 418956 GRADING AND PAVING CONTRACT false X RESERVED PARKING/SEATING 3 3700 FAIR MARKET VALUE X FOOD & BEVERAGES 4 516 FAIR MARKET VALUE X MEMBERSHIPS 1 150 FAIR MARKET VALUE X TICKETS 14 6330 FAIR MARKET VALUE X LODGING & TRAVEL PACKAGES 7 12890 FAIR MARKET VALUE X GIFT CERTIFICATES 10 5010 FAIR MARKET VALUE X MERCHANDISE 8 5097 FAIR MARKET VALUE X ELECTRONICS EQUIPMENT 1 12500 FAIR MARKET VALUE X ROOF INSTALLMENT 1 12500 FAIR MARKET VALUE X ATHLETIC EQUIPMENT 1 4950 FAIR MARKET VALUE X GRADUATION SUPPLIES 1 2081 FAIR MARKET VALUE X AIRLINE TICKETS 1 2191 FAIR MARKET VALUE false true false SCHEDULE M, PART I, COLUMN (B) TYPES OF PROPERTY REPORTING METHOD: THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, QUESTION 2 FAMILY & BUSINESS RELATIONSHIPS: BOARD OF TRUSTEES MEMBER CLIFF BENSON, JR. IS THE FATHER OF BOARD OF TRUSTEES MEMBER CLIFF BENSON, III. FORM 990, PART VI, SECTION B, QUESTION 11B FORM 990 REVIEW PROCESS: The Form 990 is reviewed and discussed by Jonathan Walston, Controller, and Miriam Leshnock, ASSISTANT HEADMASTER OF FINANCE AND OPERATIONS, who provides the signature on the form. FORM 990, PART VI, SECTION B, QUESTION 12C MONITORING CONFLICTS OF INTEREST: THE ST. DAVID'S BOARD DISCUSSES ANNUAL EVENTS THAT MAY CAUSE A CONFLICT OF INTEREST AT THE MAY BOARD MEETING WHEN THE NEXT FISCAL YEAR BUDGET IS APPROVED. THE DISCUSSION IS DOCUMENTED IN THE MEETING MINUTES. THE CONFLICT OF INTEREST POLICY AND REPORTING PROCEDURES ARE ALSO PUBLISHED IN THE FACULTY AND STAFF HANDBOOKS THAT ARE DISTRIBUTED TO EACH EMPLOYEE AT THE BEGINNING OF THE ACADEMIC YEAR. FORM 990, PART VI, SECTION B, QUESTION 15A PROCESS FOR DETERMINING COMPENSATION: EACH YEAR THE PERSONNEL COMMITTEE OF THE BOARD SOLICITS FEEDBACK ON THE HEADMASTER'S PERFORMANCE OVER THE PAST YEAR THROUGH A SURVEY SENT TO FACULTY, STAFF, PARENTS AND BOARD MEMBERS. THE COMMITTEE TAKES THE INFORMATION OBTAINED THROUGH THE SURVEY INTO CONSIDERATION, ALONG WITH COMPARABLE DATA FOR COMPENSATION INFORMATION FROM SIMILAR ORGANIZATIONS OBTAINED BY A MEMBER OF THE BOARD, IN SETTING THE HEADMASTER'S SALARY FOR THE NEXT YEAR. THE SCHOOL CONDUCTS COMPARABILITY ANALYSES OF ALL POSITIONS PRIOR TO MAKING JOB OFFERS TO KEY EMPLOYEES. THE FINANCE COMMITTEE REVIEWS AND THE BOARD APPROVES SALARY RANGES FOR ALL NEW POSITIONS. ST. DAVID'S IS CURRENTLY FORMALIZING AN EMPLOYEE EVALUATION PROCESS FOR BOTH FACULTY AND STAFF TO BETTER CORRELATE PERFORMANCE WITH COMPENSATION. AS PART OF THIS PROCESS, EMPLOYEE SALARIES ARE BENCHMARKED VERSUS COMPARABILITY DATA AND REVIEWED BY THE HEADMASTER, CHIEF FINANCIAL OFFICER, AND FINANCE COMMITTEE CHAIRPERSON OF THE BOARD. FORM 990, PART VI, SECTION C, QUESTION 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: THE ORGANIZATION'S FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG, WHERE IT IS CONFIRMED TO BE WIDELY AVAILABLE. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR INSPECTION AT OUR PRIMARY BUSINESS LOCATION DURING NORMAL BUSINESS HOURS. COPIES OF THE ABOVE DOCUMENTS MAY ALSO BE PROVIDED, UPON REQUEST, FOR A REASONABLE FEE TO DEFRAY COPYING AND POSTAGE EXPENSE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: $28,052 UNREALIZED GAIN ON CASH FLOW HEDGE