2018-05-09T12:24:08-05:00 2017-06-30 EisnerAmper LLP 750 Third Avenue New York NY 100172703 990 2016-07-01 131837409 The Buckley School in the City of New York % THOMAS STANTON BUCK 2125358787 113 EAST 73RD STREET NEW YORK NY 10021 THOMAS STANTON CHIEF FINANCIAL OFFICER 2125358787 2018-05-09 true CANDICE METH P01306891 2129498700 2016 2022-09-23 18:48:47Z GREGORY O'MELIA 113 EAST 73RD STREET NEW YORK NY 10021 28764238 false X BUCKLEYSCHOOL.ORG X 1913 NY THE GOALS OF THE SCHOOL ARE THAT EVERY BOY LEARN FUNDAMENTAL SKILLS, GAIN CONFIDENCE THROUGH DISCIPLINED THOUGHT AND ACTIONS, DEVELOP PERSONAL INTEGRITY AND RESPECT FOR OTHERS 22 22 130 200 -96483 -96733 7382184 6781205 16369037 16846733 2431928 2291587 196621 287900 26379770 26207425 1570500 1585000 0 0 12400165 13243959 0 0 1428717 12745531 16342260 26716196 31171219 -336426 -4963794 137146391 134613372 25593654 23048815 111552737 111564557 THE GOALS OF THE BUCKLEY SCHOOL ARE THAT EVERY BOY LEARN FUNDAMENTAL SKILLS, GAIN CONFIDENCE THROUGH DISCIPLINED THOUGHT AND ACTION, DEVELOP PERSONAL INTEGRITY AND RESPECT FOR OTHERS, AND DISCOVER THE JOY OF LEARNING AND THE SATISFACTION OF PURSUING EXCELLENCE. false false 22651698 1585000 16846733 THE SCHOOL PROVIDED EDUCATION TO 382 BOYS IN GRADES KINDERGARTEN TO NINTH AND CONTINUED TO FULFILL ITS CORE MISSION OF DEVELOPING FUNDAMENTAL SKILL, INTEGRITY, RESPECT AND THE JOY OF LEARNING AND SATISFYING THE PURSUIT OF EXCELLENCE. 22651698 true true false false false false false false false true true true false false true true true false true false true 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 5 0 true 130 true true true false false false false true true false false false false X 22 22 false false false false false false false true true false false false true true true true true true true false X THOMAS STANTON 2125358787 113 EAST 73RD STREET NEW YORK NY 10021 WILLIAM C VRATTOS PRESIDENT 4.0 0.0 X X 0 0 0 JUSTIN D ABELOW VICE PRESIDENT 2.0 0.0 X X 0 0 0 T KIMBALL BROOKER TREASURER 2.0 0.0 X X 0 0 0 WINTHROP RUTHERFURD JR SECRETARY 2.0 0.0 X X 0 0 0 NICHOLAS W ACQUAVELLA TRUSTEE 1.0 0.0 X 0 0 0 CHRISTINE ALFARO TRUSTEE 1.0 0.0 X 0 0 0 KRISTIN ALLEN TRUSTEE 1.0 0.0 X 0 0 0 GREGORY FOWLKES TRUSTEE 1.0 0.0 X 0 0 0 JANE FRIED TRUSTEE 1.0 0.0 X 0 0 0 PETER JOHN GOULANDRIS TRUSTEE 1.0 0.0 X 0 0 0 JOHN GRIFFIN TRUSTEE 1.0 0.0 X 0 0 0 SANDRA LAWSON TRUSTEE 1.0 0.0 X 0 0 0 THOMAS D LEHRMAN TRUSTEE 1.0 0.0 X 0 0 0 ALEXANDER NAVAB TRUSTEE 1.0 0.0 X 0 0 0 GREGORY PALM TRUSTEE 1.0 0.0 X 0 0 0 BRIAN PFEIFLER TRUSTEE 1.0 0.0 X 0 0 0 THOMAS W PURCELL JR TRUSTEE 1.0 0.0 X 0 0 0 CARLOS RODRIGUEZ-PASTOR TRUSTEE 1.0 0.0 X 0 0 0 DR ADAM ROSENBLUTH TRUSTEE 1.0 0.0 X 0 0 0 RICHARD A WAYNER TRUSTEE 1.0 0.0 X 0 0 0 AARON YEARY TRUSTEE 1.0 0.0 X 0 0 0 AERIN ZINTERHOFER TRUSTEE 1.0 0.0 X 0 0 0 ALEXANDER AUERSPERG TRUSTEE THROUGH 11/2016 1.0 0.0 X 0 0 0 MICHAEL T BRADLEY TRUSTEE THROUGH 11/2016 1.0 0.0 X 0 0 0 JOHN G COUMANTAROS TRUSTEE THROUGH 11/2016 1.0 0.0 X 0 0 0 VICTORIA GRAHAM TRUSTEE THROUGH 11/2016 1.0 0.0 X 0 0 0 KIMBERLY KRAVIS SCHULHOF TRUSTEE THROUGH 11/2016 1.0 0.0 X 0 0 0 WILLIAM A VON MUEFFLING TRUSTEE THROUGH 11/2016 1.0 0.0 X 0 0 0 GREGORY O'MELIA HEADMASTER 40.0 0.0 X 1593629 0 186973 THOMAS STANTON CHIEF FINANCIAL OFFICER 40.0 0.0 X 346590 0 60474 CAROLINE BERRY ASSISTANT HEADMASTER 40.0 0.0 X 186295 0 29408 TARA JOHNSON DIRECTOR OF DEVELOPMENT 40.0 0.0 X 190696 0 22655 DECLAN WALSH DIRECTOR OF ATHLETICS 40.0 0.0 X 183026 0 47666 SONJA ROBINSON DIRECTOR OF LOWER SCHOOL 40.0 0.0 X 182677 0 42109 PHILIP IRVING TEACHER 40.0 0.0 X 161443 0 33606 DOROTHY MCCARTNEY TEACHER 40.0 0.0 X 154500 0 36272 BLAIR SCRIBNER DIRECTOR OF MIDDLE SCHOOL 40.0 0.0 X 141589 0 42403 TIMOTHY BURROUGHS TEACHER 40.0 0.0 X 141489 0 42387 JOY HURD DIRECTOR OF UPPER SCHOOL 40.0 0.0 X 139575 0 27719 3421509 0 571672 27 false true false SHAWMUT DESIGN CONSTRUCTION 3 EAST 54TH STREET NEW YORK NY 10022 CONSTRUCTION 10009654 CATER TO YOU 19 E 80th Street NEW YORK NY 10075 FOOD SERVICE 574240 ALLIANCE BUILDING SERVICES 318 W 39th Street NEW YORK NY 10018 CLEANING/JANITORIAL 394748 SUPERIOR DESIGN ASSOCIATES 321 SOUTH RIVERSIDE AVENUE CROTONONHUDSON NY 10520 CONSTRUCTION 281749 LEVIEN COMPANY 570 lEXINGTON AVENUE NEW YORK NY 10022 PROJECT MGT SERVICES 230834 6 325512 412818 6042875 1159691 6781205 TUITION AND FEES 611710 16330500 16330500 AUXILIARY PROGRAMS 611710 516233 516233 16846733 1056800 1056800 0 0 165350 165350 0 165350 165350 3721425 2486638 1234787 1234787 -97332 1332119 70175 325512 70175 0 0 0 0 0 0 OTHER INCOME 900099 121701 121701 PASS-THRU K-1 INCOME 525990 849 849 122550 26207425 16968434 -96483 2554269 0 1585000 1585000 0 0 1695500 808420 687080 200000 0 7836375 5326814 2278561 231000 1262353 930394 289837 42122 1803680 1160947 561177 81556 646051 405874 212661 27516 25888 12944 12944 53958 53958 55000 55000 0 0 296429 296429 27254 27254 0 392568 199726 46152 146690 175566 128480 31445 15641 0 0 28390 11259 14066 3065 0 140921 118916 16843 5162 408312 408312 0 11039838 8831870 1655976 551992 153811 153811 INSTRUCTIONAL MATERIALS 1449970 1449970 FOOD SERVICE AND LUNCH 596215 596215 PLANT AND UTILITIES 1446492 1084869 289298 72325 OTHER EXPENSES 51648 51648 31171219 22651698 7090804 1428717 1398125 1407919 21589838 19382570 14534814 10510005 85640 70726 0 0 0 0 0 0 0 0 102741 81900 83999145 27023399 57993864 56975746 13052999 15170414 26362207 31014092 0 0 0 0 2026163 0 137146391 134613372 1964328 316991 0 0 2575511 3166185 0 0 0 0 0 0 19832927 19144773 0 0 1220888 420866 25593654 23048815 X 95807497 99650081 15281240 11450476 464000 464000 111552737 111564557 137146391 134613372 X -4963794 4025843 949771 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 708010 150986 858996 710625 -2615 708010 665748 44877 710625 571119 94629 665748 514010 57109 571119 0.54020 0.45980 false false 2179412 2179412 77885803 25751110 52134693 3933930 1272289 2661641 0 0 56975746 LIMITED PARTNERSHIPS 31014092 F 31014092 0 DEFERRED COMPENSATION 420866 420866 X 28883978 4025843 532139 4557982 24325996 296429 1585000 1881429 26207425 29094112 -195678 -195678 29289790 296429 1585000 1881429 31171219 SCHEDULE D, PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS: THE SCHOOL'S ENDOWMENT CONSISTS OF THREE INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF RESTRICTED PURPOSES, DESIGNATED BY DONORS TO BE PERMANENTLY RESTRICTED ENDOWMENT FUNDS. SCHEDULE D, PART X LINE 2: The School is subject to the provisions of THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODFICATIONS ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. Although the School is subject to taxes on certain investment income, due to its general not-for-profit status, ASC Topic 740 has not had, and is not anticipated to have, a material impact on the School's financial statements. SCHEDULE D, PART XI, LINES 2D AND 4B: LINE 2D: Change in allowance of doubtful accounts: $ 787,817 Net pension credit: (255,678) --------- $ 532,139 LINE 4B: FINANCIAL AID REPORTED NET OF TUITION REVENUE ON THE FINANCIAL STATEMENTS - $1,585,000 PART XII, LINES 2D AND 4B: LINE 2D: NET PENSION CREDIT: ($255,678) BAD DEBT EXPENSE: 60,000 ---------- ($195,678) LINE 4B: FINANCIAL AID REPORTED NET OF TUITION REVENUE ON THE FINANCIAL STATEMENTS - $1,585,000 true true true true true true true false false false false false false false false true false true PART I, LINE 3: THE SCHOOL ADVERTISES THROUGH ISAAGNY (INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK) WHICH PLACES ADS CONTAINING A NONDISCRIMINATORY STATEMENT IN LOCAL NEWSPAPERS. PART I, LINE 6A: THE SCHOOL RECEIVED $412,818 FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES, SPECIFICALLY FOR ITS DAILY ATTENDANCE REPORTING. Central America and the Caribbean Investments 7659180 Europe (Including Iceland and Greenland) Investments 6954446 14613626 14613626 true false false false true false SCHEDULE F, PART I, LINE 3 Foreign Investments: The School maintains investments in foreign partnerships such as Central America/Caribbean, and Ireland. Amounts reported in column (f) are on the accrual basis. All related filings for these investments are completed and filed on a timely basis. BENEFIT 395687 325512 70175 70175 0 395687 325512 70175 70175 70175 true STUDENT SCHOLARSHIPS 49 1585000 fmv tuition reduction PROCESS FOR MONITORING THE USE OF FUNDS: SCHOLARSHIPS ARE PROVIDED TO ELIGIBLE STUDENTS IN THE FORM OF TUITION REDUCTIONS AND ARE AWARDED BASED ON DEMONSTRATED NEED. X X true true X X X X X X false true false false false false false false false GREGORY O'MELIA HEADMASTER 513684 0 1079945 158376 28597 1780602 1079945 THOMAS STANTON CHIEF FINANCIAL OFFICER 346590 0 0 0 0 0 39060 0 21414 0 407064 0 0 0 TARA JOHNSON DIRECTOR OF DEVELOPMENT 190696 0 0 0 0 0 21400 0 1255 0 213351 0 0 0 CAROLINE BERRY ASSISTANT HEADMASTER 186295 0 0 0 0 0 28170 0 1238 0 215703 0 0 0 DECLAN WALSH DIRECTOR OF ATHLETICS 183026 0 0 0 0 0 19095 0 28571 0 230692 0 0 0 SONJA ROBINSON DIRECTOR OF LOWER SCHOOL 182677 0 0 0 0 0 28305 0 13804 0 224786 0 0 0 PHILIP IRVING TEACHER 161443 0 0 0 0 0 19958 0 13648 0 195049 0 0 0 DOROTHY MCCARTNEY TEACHER 154500 0 0 0 0 0 22575 0 13697 0 190772 0 0 0 BLAIR SCRIBNER DIRECTOR OF MIDDLE SCHOOL 141589 0 0 0 0 0 22890 0 19513 0 183992 0 0 0 TIMOTHY BURROUGHS TEACHER 141489 0 0 0 0 0 22875 0 19512 0 183876 0 0 0 JOY HURD DIRECTOR OF UPPER SCHOOL 139575 0 0 0 0 0 14050 0 13669 0 167294 0 0 0 Schedule J - Line 1A: It is a condition of the Headmaster's employment to reside in an apartment owned by the School or in any such apartment in close proximity to the School in order for him to fulfill his responsibilities as Headmaster and to be available to all constituencies of the School on a timely basis whenever required. Schedule J - Line 4B: The School contributes to a supplemental nonqualified retirement plan for both the Headmaster and the Chief financial Officer. Total contributions to this plan were $129,000. In addition, during 2017 the Headmaster's plan fully vested and he was paid the balance as of 12/31/16. X 80 1159691 FMV false true false PART VI, SECTION B, LINE 11B: REVIEW OF FORM 990: THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 AND ALL SCHEDULES AND ATTACHMENTS TO VERIFY ACCURACY. IF THERE ARE ANY QUESTIONS, COMMENTS AND/OR EDITS, HE CONFERS WITH THE TAX PREPARER TO DISCUSS THE ITEMS. THE CHIEF FINANCIAL OFFICER DISCUSSES THE FORM WITH THE SCHOOL'S HEADMASTER AND SELECTED MEMBERS OF THE BOARD OF TRUSTEES. PART VI, SECTION B, LINE 12C: COMPLIANCE WITH THE POLICY: The School has a formal written conflict of interest policy. Annually, all Board Members and officers are required to disclose any conflicts. PART VI, SECTION B, LINE 15b: DETERMINATION OF COMPENSATION: THE HEADMASTER'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHO USE COMPARABLE DATA AND OTHER METRICS TO SET THE COMPENSATION. THE BOARD APPROVES A GENERAL PERCENTAGE SALARY INCREASE FOR OTHER KEY EMPLOYEES AND ALL OTHER EMPLOYEES. THE HEADMASTER, WITH THE INPUT OF OTHER MEMBERS OF THE ADMINISTRATIVE TEAM, THEN USE COMPARABLE DATA IN ORDER TO ALLOCATE THE AVAILABLE FUNDS. PART VI, SECTION C, LINE 19: AVAILABILITY OF GOVERNING DOCUMENTS: THE SCHOOL'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. PART XI, line 9: RECONCILIATION OF NET ASSETS: CHANGE IN ALLOWANCE OF DOUBTFUL ACCOUNTS $ 787,817 PENSION RELATED CHANGES OTHER THAN PERIODIC COSTS 330,787 BAD DBET EXPENSE (60,000) LOSS ON DISPOSAL OF PROPERTY & EQUIPMENT (108,833) ----------- $ 949,771