2018-05-09T09:11:20-05:00 2017-06-30 EisnerAmper LLP 750 Third Avenue New York NY 100172703 990 2016-07-01 131635257 The Chapin School Ltd % MARC BOGURSKY C/O CHAPIN SCH CHAP 2124724690 100 EAST END AVENUE NEW YORK NY 10028 MARC G BOGURSKY CFO 2124724690 2018-05-08 true CANDICE METH P01306891 2129498700 2016 2022-09-23 18:48:47Z PATRICIA HAYOT HEAD OF SCHOOL 100 EAST END AVENUE NEW YORK NY 10028 142671602 false X WWW.CHAPIN.EDU X 1929 NY THE CHAPIN SCHOOL IS AN INDEPENDENT DAY School for young women in Grades K-12. Chapin's committed to preparing YOUNG WOMEN TO THRIVE/LEAD THROUGH THE PURSUIT Of Academic EXCELLENCE. 26 26 273 450 0 18834198 15611892 32906301 35056602 6323565 7003238 172542 135739 58236606 57807471 5533869 5604954 0 0 22495037 23799587 156000 152500 2437365 15291411 18336379 43476317 47893420 14760289 9914051 278961958 328479673 64306465 104772829 214655493 223706844 THE CHAPIN SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR YOUNG WOMEN IN GRADES K THROUGH 12. CHAPIN IS COMMITTED TO PREPARING YOUNG WOMEN TO THRIVE AND LEAD THROUGH THE PURSUIT OF ACADEMIC EXCELLENCE, PERSONAL INTEGRITY AND COMMUNITY RESPONSIBILITY. false false 34938073 5604954 35056602 THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF APPROXIMATELY 781 STUDENTS FROM KINDERGARTEN THROUGH 12TH GRADE, WITH AN INSTRUCTIONAL STAFF OF 127 AND THE ADDITIONAL SUPPORT OF 62 EMPLOYEES. GRANTS ARE GIVEN BY THE SCHOOL IN THE FORM OF FINANCIAL AID TO ELIGIBLE STUDENTS. DURING THE SCHOOL YEAR ENDED JUNE 30 2017, 156 ELIGIBLE STUDENTS WERE AWARDED SUCH SCHOLARSHIPS. 34938073 true true false false false false false false false true true false false false true true true false true false true false false true false false false false true true true false false false false false true true false false false true false false false false false false false false true 60 0 true 273 true false false false false false false false false false false X 26 26 false false false false false false false true true false false true true true true true true true true false NY X MARC BOGURSKY CO CHAPIN SCH 2124724690 100 EAST END AVENUE NEW YORK NY 10028 LeeAnn Black Chair 20.0 0.0 X X 0 0 0 Linda B Brandi Vice Chair 10.0 0.0 X X 0 0 0 Clarence Mitchell Secretary 5.0 0.0 X X 0 0 0 Robert Baynard Vice Chair, Finance 2.0 0.0 X X 0 0 0 Brian Higgins Trustee 2.0 0.0 X 0 0 0 Alexa Bator Chae Assistant Secretary 5.0 0.0 X X 0 0 0 Melinda Cheng Trustee 2.0 0.0 X 0 0 0 Rodney S Cohen Trustee 2.0 0.0 X 0 0 0 Burwell Schorr Trustee 2.0 0.0 X 0 0 0 Linda Gosden Robinson Trustee 2.0 0.0 X 0 0 0 Bettina Goldstein Decker Trustee 2.0 0.0 X 0 0 0 Lawrence Neubauer Trustee 2.0 0.0 X 0 0 0 NP Narvekar Trustee 2.0 0.0 X 0 0 0 Shelley Sporleder Trustee 2.0 0.0 X 0 0 0 Betty Noel-Pierre Trustee 2.0 0.0 X 0 0 0 Stephanie Coleman Trustee 2.0 0.0 X 0 0 0 Mona Aboelnaga Kanaan Trustee 2.0 0.0 X 0 0 0 Nicholas Potter Trustee 2.0 0.0 X 0 0 0 Eric Lane Trustee 2.0 0.0 X 0 0 0 Stuart Rothenberg Trustee 2.0 0.0 X 0 0 0 Samantha Boardman Rosen Trustee 2.0 0.0 X 0 0 0 Beth Kojima Trustee 2.0 0.0 X 0 0 0 Carolyn Rowan Trustee 2.0 0.0 X 0 0 0 Christina S Diggs Trustee 2.0 0.0 X 0 0 0 William S Macklowe Trustee 2.0 0.0 X 0 0 0 Claudio Garcia Trustee 2.0 0.0 X 0 0 0 Patricia Hayot Head of School 40.0 0.0 X 722229 0 43550 Jay Mathews Thru 62017 Director of Finance 40.0 0.0 X 278324 0 43550 Marc Bogursky as of 72017 Chief Financial Officer 40.0 0.0 X 0 0 0 Mary Jo Quigley Associate Head of School 40.0 0.0 X 207809 0 38442 Anne Borland Dir. Of Advancement 40.0 0.0 X 207516 0 36420 Mary Rafferty Head of Middle School 40.0 0.0 X 210314 0 35552 Ilana Pergam Director of Studies 40.0 0.0 X 189143 0 33275 Thomas Palermo Plant Director 40.0 0.0 X 192268 0 34670 2007603 0 265459 60 false true false FRED BRENOWITZ 309 Vista Drive JERICHO NJ 11753 BUILDING MAINTENANCE 2607045 IBEX Construction One Whitehall Street NEW YORK NY 10004 CONSTRUCTION 6847112 JRM Construction Management LLC 242 West 32 Street NEW YORK NY 10018 CONSTRUCTION 5737390 ABM JANITORIAL SVSC NEAST INC PO BOX 1534 NEW YORK NY 100081534 JANITORIAL SERVICES 1613100 ARAMARK CORPORATION PO BOX 7790-4230 PHILADELPHIA PA 19182 FOOD SERVICES 1504631 12 742257 14869635 1240156 15611892 TUITION INCOME 611710 33659350 33659350 LUNCHROOM INCOME 611710 1326234 1326234 APPLICATION FEE INCOME 611710 50285 50285 BUS SERVICES 611710 20733 20733 35056602 1725794 1725794 0 0 1826 1826 0 1826 1826 90102433 84824989 5277444 5277444 5277444 0 0 0 0 0 0 151679 39142 112537 112537 OTHER INCOME 900099 21376 21376 21376 57807471 35190515 7005064 0 5604954 5604954 0 0 1009250 282590 524810 201850 0 17335694 12916476 3400493 1018725 1646682 1048141 503629 94912 2405331 1361280 920784 123267 1402630 828595 499004 75031 0 610886 610886 55000 55000 0 152500 152500 117233 117233 329283 329283 126601 126601 1571929 235653 1084605 251671 0 0 764828 654774 55027 55027 68254 68254 0 231987 231987 1774795 1455332 266219 53244 0 6344574 5202550 951687 190337 298789 298789 OTHER INSTRUCTIONAL EXPENSE 1257368 1257368 LUNCH ROOM EXPENSE 1390097 1390097 BUILDING AND MAINTENANCE 3139002 2574810 469992 94200 STUDENT ACTIVITIES 125453 125453 130300 130300 47893420 34938073 10517982 2437365 137267 657247 10189126 39572814 30123105 21679385 1055878 1261324 500000 500000 0 0 0 0 0 0 436891 298592 188591777 48734865 110661281 139856912 109417859 106972262 14944024 16403518 0 0 0 0 1496527 1277619 278961958 328479673 6167850 8451865 0 0 4319331 4359233 21390000 91085731 0 0 0 0 0 0 0 0 32429284 876000 64306465 104772829 X 180018505 197044682 31565820 23565994 3071168 3096168 214655493 223706844 278961958 328479673 9914051 -862700 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52609706 25000 10085428 6408000 56312134 53414593 25100 5424013 6254000 52609706 52690457 6779136 6055000 53414593 43569540 10000 14764917 5654000 52690457 36723686 50000 11954854 5159000 43569540 0.95000 0.05000 false false 1264097 1264097 133117986 37273428 95844558 14537663 11461437 3076226 39672031 0 39672031 139856912 0 AND ANNUITY INCOME GIFTS 163412 ACCRUED BOND INTEREST 712588 876000 X 51261726 -862700 39142 -823558 52085284 117233 5604954 5722187 57807471 42210375 39142 39142 42171233 117233 5604954 5722187 47893420 SCHEDULE D PART V LINE 4 USE OF ENDOWMENT FUNDS: The School's Endowment Funds provide a predictable stream of funding to programs supported by its endowment, while seeking to maintain the purchasing power of the endowment. SCHEDULE D PART X LINE 2 Income Tax Uncertainties: The School is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. because of the School's general tax exempt status, ASC Topic 740 has not had, and is not expected to have, a material impact on the School's financial statements. SCHEDULE D PART XI LINE 2D OTHER REVENUE INCLUDED IN FINANCIAL STMTS NOT INCLUDED ON FORM 990: BOOK STORE EXPENSE $ 39,142 SCHEDULE D PART XI LINE 4B AMOUNTS INCLUDED IN FORM 990 NOT INCLUDED IN FINANCIAL STATEMENTS: SCHOLARSHIP EXPENSE $ 5,604,954 SCHEDULE D PART XII LINE 2D OTHER EXPENSE INCLUDED IN FINANCIAL STMTS NOT INCLUDED IN FORM 990: BOOK STORE EXPENSE $ 39,142 SCHEDULE D PART XII LINE 4B EXPENSES INCLUDED ON FORM 990 NOT INCLUDED IN FINANCIAL STATEMENTS: SCHOLARSHIPS $ 5,604,954 true true true true true true true false false false false false false false false true false true SCHEDULE E PART I LINE 3 PUBLICATION OF NONDISCRIMINATORY POLICY THE SCHOOL MAKES ALL INTERESTED PARTIES AWARE OF ITS NONDISCRIMINATION POLICY THROUGH NEWSPAPER ADVERTISEMENT, BROCHURES AND OTHER MEDIA. SCHEDULE E PART I LINE 6A ASSISTANCE FROM GOVERNMENT: THE SCHOOL RECEIVED FINANCIAL ASSISTANCE FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES. THE FINANCIAL ASSISTANCE AMOUNTED TO $742,257. Central America and the Caribbean Investments NONE 16403518 16403518 16403518 false false false false true false Schedule F, Part IV Foreign Investments: The School maintains investments in foreign partnerships. All related filings for these investments are completed appropriately and filed on a timely basis, when required. The foreign investments noted on Schedule F, PART I, Line 3 are reported based at their fair value in accordance the U.S. GAAP. X X X X X true COMMUNITY COUNSELING SERVICE CO LL CAP CAMP PLANNING false 0 152500 0 0 152500 0 NY true STUDENT SCHOLARSHIPS 156 5604954 FMV Tuition reduction Schedule I Part line 2 THE CHAPIN SCHOOL SUPPORTS ECONOMIC DIVERSITY THROUGH A FINANCIAL AID PROGRAM, AVAILABLE TO STUDENTS AT ALL GRADE LEVELS. THE PROGRAM, BASED SOLELY ON NEED, IS AVAILABLE TO ACADEMICALLY QUALIFIED STUDENTS. THE CHAPIN SCHOOL BELIEVES THAT THE PRIMARY FINANCIAL RESPONSIBILITY FOR A CHILD'S EDUCATION RESTS WITH THE PARENTS, TO THE FULL EXTENT THAT THEY ARE ABLE. THE GOAL OF THE FINANCIAL AID PROGRAM IS TO OFFSET THE DIFFERENCE BETWEEN THE COST OF ATTENDANCE AND A FAMILY'S AVAILABLE FINANCIAL RESOURCES. ADMISSIONS DECISIONS ARE MADE WITHOUT REGARD TO FINANCIAL NEED. LIKE MOST INDEPENDENT SCHOOLS, CHAPIN USES THE STANDARDIZED CALCULATION DERIVED BY THE SCHOOL AND STUDENT SERVICE ("SSS") FOR FINANCIAL AID, A DIVISION OF the NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, TO CALCULATE A FAMILY'S CONTRIBUTION TO THE COST OF A CHAPIN EDUCATION. THIS SYSTEM CONSIDERS GROSS TAXABLE AND NON-TAXABLE INCOME, ASSETS, LIABILITIES, FAMILY SIZE AND THE NUMBER OF STUDENTS IN TUITION-CHARGING SCHOOLS OR COLLEGES. AFTER AN ALLOWANCE FOR BASIC NECESSITIES AND REQUIRED TAXES, THE REMAINING FUNDS ARE CONSIDERED AVAILABLE FOR EDUCATION ON A SLIDING SCALE. EVERY FAMILY APPLYING FOR FINANCIAL AID BEGINS BY COMPLETING THE PARENTS' FINANCIAL STATEMENT (PFS). THE DATA IN THIS APPLICATION IS ANALYZED BY SSS AND A RECOMMENDATION OF FAMILY CONTRIBUTION IS REPORTED TO CHAPIN AND TO THE FAMILY. THE CHAPIN SCHOOL WILL REVIEW, RE-ANALYZE AND, IF NECESSARY, RE-COMPUTE THIS RECOMMENDATION IN ACCORDANCE WITH SCHOOL POLICIES, GEOGRAPHICAL LOCATION, COST-OF-LIVING DIFFERENCES, AND OTHER FACTORS TO DETERMINE THE AWARDS. As part of Chapin's efforts to support economic diversity and to provide assistance to any and all community members with demonstrated need, during the 16-17 school year, Chapin did provide an aggregate of $86,000 in financial aid to the group consisting of Officers, Directors and Trustees. X X X true true X X X X false false false false false false false false false Patricia Hayot Head of School 722229 0 0 0 0 0 30895 0 12665 0 765789 0 0 0 Jay Mathews Thru 62017 Director of Finance 278324 0 0 0 0 0 30895 0 12655 0 321874 0 0 0 Mary Jo Quigley Associate Head of School 207809 0 0 0 0 0 25787 0 12655 0 246251 0 0 0 Anne Borland Dir. Of Advancement 207516 0 0 0 0 0 23765 0 2655 0 233936 0 0 0 Mary Rafferty Head of Middle School 210314 0 0 0 0 0 22897 0 12655 0 245866 0 0 0 Ilana Pergam Director of Studies 189143 0 0 0 0 0 20620 0 12655 0 222418 0 0 0 Thomas Palermo Plant Director 192268 0 0 0 0 0 22015 0 12655 0 226938 0 0 0 Part I COMPENSATION: THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 12008ELW4 2016-08-24 25000000 CIVIC FACILITY REVENUE BONDS Serie false false false B NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 12008ELX2 2016-08-24 25000000 CIVIC FACILITY REVENUE BONDS Serie false false false C NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 12008ELY0 2016-08-24 25000000 CIVIC FACILITY REVENUE BONDS Serie false false false A 0 0 25000000 0 777778 17796667 320404 0 0 6105151 0 0 2017 true false true true B 0 0 25000000 0 777778 17796667 320404 0 0 6105151 0 0 2017 true false true true C 0 0 25000000 0 777778 17796667 320404 0 0 6105151 0 0 2017 true false true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A true false false 0 false 0 false true B true false false 0 false 0 false true C true false false 0 false 0 false true A true B true C true PATRICIA HAYOTT Head of School HOUSING MORTGAGE X 500000 500000 false true true 500000 See Supp Information OFFICERS/DIRECTORS/TRUSTEES 86000 GRANT FINANCIAL AID FORM 990, SCHEDULE L, PART III, LINE 1 Financial AID: As part of Chapin's efforts to support economic diversity and to provide assistance to any and all community members with demonstrated need, during the 16-17 school year, Chapin did provide an aggregate of $86,000 in financial aid to the group consisting of Officers, Directors and Trustees. X 66 1240156 FMV false true true Part I question 32 THE SCHOOL USES CHARLES SCHWAB TO SELL DONATED SECURITIES. FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS ELECTRONICALLY FILED. FORM 990 PART VI SECTION B LINE 11A REVIEW OF FORM 990: The audit committee of the board has a meeting with the CHIEF FINANCIAL OFFICER to review the form 990 and its required attachments and schedules. During this meeting a thorough review of all financial and narrative information is undertaken to make sure all reports and schedules reflect the actual operating results of the school for the most recently completed fiscal year. A final draft copy of the form 990 is provided to the full board prior to its filing. After review, the CHIEF FINANCIAL OFFICER files the completed return with the internal revenue service. FORM 990 PART VI SECTION B LINE 12C CONFLICT OF INTEREST POLICY: TRUSTEES AND PROFESSIONAL STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICT OF INTEREST. FORM 990 PART VI SECTION B LINE 15A AND 15B COMPENSATION: THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. FORM 990 PART VI SECTION C LINE 18 AND 19 PUBLIC INSPECTION: THE SCHOOL MAKES ITS FORM 990, CHAR500, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, OR THOSE SAME FORMS MAY BE OBTAINED THROUGH WWW.CHARITIESNYS.COM AND WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC.