2018-04-25T16:07:44-05:00 2017-06-30 271728945 PKF O'Connor Davies LLP 500 Mamaroneck Avenue Harrison NY 105281633 990 2016-07-01 112611384 The Berkeley Carroll School BERK 7185346579 152 Sterling Place Brooklyn NY 11217 Robert D Vitalo Head of School 7185346579 2018-04-25 1 Garrett M Higgins P00543209 9143818900 2018-04-25 65.51.112.58 2018-04-25 16:07:41 ED P 8F3E04F861F0216E32497907D09A877E57DED22A A3EB9A663B166A7F172762214481AEBFA8C1AD13 2016 2021-01-29 14:40:06Z Robert D Vitalo 152 Sterling Place Brooklyn NY 11217 45461887 0 X www.berkeleycarroll.org X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. 24 24 448 200 0 0 6478839 2967895 38616140 41475651 191216 221579 191637 -297488 45477832 44367637 5460755 6296627 0 0 22539382 24237156 132250 253000 1722552 11428710 10270706 39561097 41057489 5916735 3310148 75336917 72395151 51672443 44457792 23664474 27937359 X a passion for learning is at the heart of Berkeley Carroll. The school is a creative and intellectual community where devoted teachers challenge and engage talented students. Our demanding curriculum and vibrant civic life prepare our diverse graduates for success in college and for the greater endeavor - a life of critical, ethical, and global thinking. 0 0 36198791 6296627 39417199 The Berkeley Carroll School provides primary and secondary education to its students from preschool through twelfth grade. The school had 968 students in the FY 2016/2017. 647479 1251527 The school offers two summer programs that run from July through August of each year. Each program had approximately 250-700 children in the FY 2016/2017. 535663 806925 The school operates an athletic center that offers afterschool and weekend gym and swimming classes to its students and the community. 37381933 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 105 0 448 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Arunie Dias 7185346579 152 Sterling Place Brooklyn NY 11217 Lydia Denworth Chair 10.00 X X 0 0 0 Amy Bender Vice Chair 10.00 X X 0 0 0 Susan Marcinek Secretary 10.00 X X 0 0 0 Jay Rao Treasurer 10.00 X X 0 0 0 Andrew Fabens trustee 3.00 X 0 0 0 Ann-Marie Cascarino trustee 3.00 X 0 0 0 Anthony Cornicello trustee 3.00 X 0 0 0 Charles Ruble IV trustee 3.00 X 0 0 0 Christina Shane trustee 3.00 X 0 0 0 Christopher Welch trustee 3.00 X 0 0 0 Denise Gamble trustee 3.00 X 0 0 0 George Sweeting trustee 3.00 X 0 0 0 Joseph Polizzotto trustee 3.00 X 0 0 0 Katya Jestin trustee 3.00 X 0 0 0 Lawrence Kaplen trustee 3.00 X 0 0 0 Mark Cheffo trustee 3.00 X 0 0 0 Michael Miller trustee 3.00 X 0 0 0 Michael Weaver trustee 3.00 X 0 0 0 Prashant Mupparapu trustee 3.00 X 0 0 0 Richard Greenspan trustee 3.00 X 0 0 0 Sarada Krishnamurthy trustee 3.00 X 0 0 0 Shawn Austin trustee 3.00 X 0 0 0 Stacey Reiss trustee 3.00 X 0 0 0 Virginia Freire trustee 3.00 X 0 0 0 Robert Vitalo Head of School 60.00 X 581213 0 140182 Robert Isabella COO 60.00 X 248408 0 33137 Jane Moore Director of Upper School 50.00 X 194228 0 27971 Brandon Clark Assistant Head for Programming 50.00 X 184605 0 24995 James Shapiro Director of Middle School 50.00 X 180005 0 21748 Amanda Pike Director of Lower School 40.00 X 170671 0 34308 Nancy Holodak Director of Education Design and Innovation 40.00 X 168919 0 31735 Linda Adams Director of Strategic Communications 40.00 X 165912 0 20279 Arunie Dias Director of Finance 40.00 X 160911 0 23912 Brandie Malendez-Pinti Director of Diversity and Inclusion 40.00 X 149057 0 41942 Pamela Cunnigham Direcotr of Development 40.00 X 138329 0 25179 Anne Gunning Director of Physical Education 40.00 X 138228 0 17631 Tammi Williams Director of Technology Operations 40.00 X 129333 0 21226 Peter Holsberg Director of Arts 40.00 X 128430 0 21256 2738249 0 485501 26 0 1 0 ARCHSTONE BUILDERS LLC 242 WEST 30TH STREET NEW YORK NY 10001 CONSTRUCTION contractor 3506027 FLIK INTERNATIONAL CORP CHARTWELLS COMPASS GROUP POBOX BOSTON MA 022417632 Food Services 879085 ARJ TRANSPORTATION 431 N COURTLAND STREET EAST STROUDSBURG PA 18301 Bus Service 875878 BASCHNAGEL BROTHERS INC 150-25 14 AVENUE WHITESTONE NY 11357 Roofing contractor 625734 SHAWMUT DESIGN & CONSTRUCTION 560 HARRISON AVENUE BOSTON MA 02118 constrUCTION contractor 594130 13 190545 771694 2005656 309340 2967895 Student Tution and Fees 611600 39152276 39152276 Auxiliary Services 900099 2298753 2298753 Fees/Finance Charges 900099 24622 24622 41475651 221579 221579 480072 833418 -353346 -353346 -353346 285570 190545 260832 24738 24738 Miscellaneous Income 900099 31120 31120 31120 44367637 41475651 0 -75909 6296627 6296627 2417369 2221169 97087 99113 17547019 16223072 637770 686177 903611 780302 71159 52150 1949626 1813409 52640 83577 1419531 1307605 52109 59817 87526 74397 8753 4376 69085 6909 58722 3454 253000 253000 275093 167500 103968 3625 49042 44017 1675 3350 658305 544289 61897 52119 489001 429929 36203 22869 479212 409383 46553 23276 968979 961403 5810 1766 809424 637633 114528 57263 1991758 1648146 229074 114538 329969 279061 33939 16969 Instruction 2403747 2403747 Repair and Maintenance 1003939 797833 161997 44109 Professional Developmen 239510 216604 13975 8931 Schoolwide Events 167512 50239 35407 81866 248604 68659 129738 50207 41057489 37381933 1953004 1722552 2079744 2505509 13645751 3019516 3419611 1245692 231883 131334 914369 880013 74938768 20143214 46586928 54795554 8058789 9056435 399842 761098 75336917 72395151 3563149 6075386 14925213 7998739 24370000 23485664 6011930 5777354 2802151 1120649 51672443 44457792 X 15170318 21316325 5036305 2946588 3457851 3674446 23664474 27937359 75336917 72395151 X 3310148 788796 -1505560 1679501 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6800148 1475276 997647 216636 9056435 6697975 205089 49079 151995 6800148 6531173 74331 101389 8918 6697975 5905499 152245 482727 9298 6531173 5059402 541803 389939 85645 5905499 0.41520 0.40570 0.17910 0 0 2826000 2826000 55153622 17648763 37504859 4731622 2494451 2237171 12227524 12227524 54795554 Interest Rate Swap Agreement 1120649 1120649 X 41374726 788796 2514920 3303716 38071010 6296627 6296627 44367637 35594280 833418 833418 34760862 6296627 6296627 41057489 Part V, Line 4: The School's endowment is to be used for providing financial aid for need based students, professional development for faculty and staff, and to support other instructional programs. Part X, Line 2: The School recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the School had no uncertain tax positions that would require financial statement recognition or disclosure. The School is no longer subject to examinations by the applicable taxing jurisdictions for years prior to June 30, 2014. Part XI, Line 2d - Other Adjustments: Rental Expenses reported on Part VIII Line 8b 833,418. Unrealized Gain on Interest rate swap 1,681,502. Part XI, Line 4b - Other Adjustments: scholarships and financial aid netted against revenue 6,296,627. Part XII, Line 2d - Other Adjustments: Rental Expenses reported on Part VIII Line 8b 833,418. Part XII, Line 4b - Other Adjustments: scholarships and financial aid netted against revenue 6,296,627. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The school publishes its nondiscrimination policy in all arenas that the school advertises during its admissions season. The school also Annually publishes its nondiscrimination policy in the employee handbook and student parent handbook and posts the policy on its website. Schedule E, Part I, Line 6 The school receives an annual grant from the New York State Department of Education based on the attendance of the school body. (Mandated Aid) X X X X X X X 1 Community Counselling Services 461 Fifth Avenue New York NY 10017 Fund Raising Study/ Campaign Management 0 1518235 253000 1265235 1518235 253000 1265235 NY Auction 376115 121570 254545 115674 105134 Golf Outing 100000 68975 31025 2994 30255 6775 476115 190545 285570 2994 145929 111909 260832 24738 Schedule G, Part I, Line 2b, Column (v) BCS shall pay CCS a monthly fee of $23,000 plus reimbursable expenditures actually and reasonably incurred by CCS in the performance of services. The CCS service fee is payable in monthly installments. 1 Scholarships and financial aid 206 6296627 Part I, Line 2: Student aid is awarded on an annual basis based on the need of the family. The following procedures are followed when granting aid: Parents start the application process by submitting an application to TADS (Tuition Aid Data Services) which provides an independent opinion of an appropriate need based award amount to the school. The school's financial aid committee then reviews the application and other relevant documentation, along with the recommendation by TADS and determines the financial aid amount to be awarded to each student. Once aid is granted, the aid is applied to the student's enrollment contract and any other auxiliary services, reducing the total amount of tuition and/or auxiliary services to be paid for by the family for the school year. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Robert Vitalo Head of School 466230 0 0 0 114983 0 114200 0 25982 0 721395 0 0 0 Robert Isabella COO 247125 0 0 0 1283 0 20136 0 13001 0 281545 0 0 0 Jane Moore Director of Upper School 192945 0 0 0 1283 0 12708 0 15263 0 222199 0 0 0 Brandon Clark Assistant Head for Programming 183322 0 0 0 1283 0 14800 0 10195 0 209600 0 0 0 James Shapiro Director of Middle School 178722 0 0 0 1283 0 17989 0 3759 0 201753 0 0 0 Amanda Pike Director of Lower School 169388 0 0 0 1283 0 16789 0 17519 0 204979 0 0 0 Nancy Holodak Director of Education Design and Inn 167636 0 0 0 1283 0 10715 0 21020 0 200654 0 0 0 Linda Adams Director of Strategic Communications 164629 0 0 0 1283 0 10110 0 10169 0 186191 0 0 0 Arunie Dias Director of Finance 159628 0 0 0 1283 0 13155 0 10757 0 184823 0 0 0 Brandie Malendez-Pinti Director of Diversity and Inclusion 147774 0 0 0 1283 0 9651 0 32291 0 190999 0 0 0 Pamela Cunnigham Direcotr of Development 137046 0 0 0 1283 0 12713 0 12466 0 163508 0 0 0 Anne Gunning Director of Physical Education 136945 0 0 0 1283 0 7735 0 9896 0 155859 0 0 0 Tammi Williams Director of Technology Operations 128050 0 0 0 1283 0 7916 0 13310 0 150559 0 0 0 Part I, Line 1a The head of school, Robert Vitalo, shall maintain a residence in Park Slope, Brooklyn within walking distance of the school. The head of school received an annual housing allowance payable monthly, in the amount of $70,000 during 2016 included in his w-2. The head of school also received gross-up payment of $13,108 during 2016 included in his W-2 for excess retirement contributions. Part I, Line 4b The Robert Vitalo participates in a supplemental non-qualified plan. The organization contributed $75,000 to Robert Vitalo's 457(f) plan during 2016. A Build NYC Resource Corporation 454040561 2014-06-03 25380000 Provide funds to refund prior issue and also construct school buildings 0 0 0 A 25380000 50506 395236 2013 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 Citizens Bank 8.000000000000 0 0 0 0 1 A 1 X 9 265803 Selling Price X Furniture 1 21540 cost X gift certificates 12 20997 cost X wine 1 1000 cost 0 0 1 0 Part I, Column (b): Column (b) reports the number of contributors. Form 990, Part VI, Section B, line 11b The draft Form 990 is reviewed by the Director of Finance, CFO and Head of School for accuracy and completeness. Then, a copy of the draft Form 990 is posted to Diligent (board document software) for review by the entire Board. Comments and Reviews are then forwarded by email to the Director of Finance, CFO and Head of School where edits are addressed. A revised copy is then provided to the Board members for approval at the Board meeting before filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy applies to all employees, officers and Trustees of the School. The Chief Operations Officer and the Directors of Finance routinely review all vendor contracts for all material items, including potential conflicts of interest. The policy is detailed in the Employee Handbook, and all employees are required to sign an acknowledgement annually of all policies, including the conflict of interest policy. In addition, all Trustees submit written statements annually that they are in compliance with the policy. With the exception of the Head of School, any potential conflict involving an employee would be brought to the Head of School. If the potential conflict involved the Head of School or a Trustee, the matter would be brought to the attention of the Chair of the Board of Trustees. A Person with a Conflict of Interest may make a presentation at a Board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and vote on, the transaction or arrangement involving the Conflict of Interest. In addition, only persons who are Independent Trustees as defined in the bylaws may vote on the transaction or arrangement. Form 990, Part VI, Section B, line 15 HEAD OF SCHOOL: WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED. IN ADDITION, AN INDEPENDENT CONSULTANT IS HIRED TO PROVIDE INDEPENDENT RESEARCH AND COMPARABILITY DATA. THE SCHOOL'S LAW FIRM GETS INVOLVED IN PROVIDING THE EXACT LANGUAGE FOR THE CONTRACT, AMOUNTS AND METHODS OF COMPENSATION. ALL OTHER EMPLOYEES: ALL OTHER EMPLOYMENT CONTRACTS ARE DETERMINED BY THE HEAD OF THE SCHOOL, WHO, REFERS TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND MARKET COMPARABILITY DATA WHEN DECIDING ALL COMPENSATION. Form 990, Part VI, Section C, line 19 The Exempt Organization makes its form 990 and Form 1023 available for public inspection as required under section 6104 of the Internal Revenue Code. it is posted on guidestar.org and other similar types of websites. In addition, financial statements, governing documents and conflict of interest policy are available upon written request at 152 sterling place, Brooklyn, NY 11217 or by calling the organization directly at 718-534-6579. Form 990, Part XI, line 9: Unrealized Gain on Interest Rate Swap 1,681,502. lOSS ON UNCOLLECTIBLE PLEDGE -2,001. form 990, part xii, line 2c: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year. Form 990, part xi, line 8: Prior Period Adjustments - Restatement of 2016 Financial Statements: In 2017, the School restated its financial statements as of and for the year ended June 30, 2016, in order to properly record pledges receivable and to record the 457(b) and (f) deferred compensation plans. This resulted in the restatement of net assets, pledges receivable, prepaid expenses and other assets, and accounts payable and accrued expenses at July 1, 2016. Thus, temporarily restricted net assets at July 1, 2016 was decreased by $1,505,560.