2018-03-01T13:40:04-08:00 2017-07-31 ANDERSON DAVIS & ASSOCIATES CPA PA 1406 B SOUTH CRAIN HWY STE 204 GLEN BURNIE MD 210614099 990 2016-08-01 521261627 THE LAB SCHOOL OF WASHINGTON LABS 2029656600 4759 RESERVOIR ROAD NW WASHINGTON DC 20007 KATHERINE SCHANTZ HEAD OF SCHOOL 2029656600 2018-03-01 true MICHAEL C DAVIS CPA 4107662645 23.31.220.138 2018-03-01 13:39:52 PS P 8059E29AC0309EBCFE58C864A5EA614A249B7885 85BD2DFCACF5FC08A124EC50AFB4A8ADD6C0A2D7 2016 2021-01-29 14:40:06Z KATHERINE SCHANTZ 4759 RESERVOIR ROAD NW WASHINGTON DC 20007 22968317 false X WWW.LABSCHOOL.ORG X 1967 DC THE LAB SCHOOL OF WASHINGTON IS AN INNOVATIVE LEARNING COMMUNITY FOSTERING SCHOLARSHIP AND CREATIVITY IN STUDENTS WITH DIFFERENT LEARNING STYLES (DOCUMENTED LEARNING DISABILITIES).THE SCHOOL PROVIDES A RIGOROUS, COLLEGE-PREPARTORY EDUCATION; PROVIDES INTENSIVE REMEDIATION AND TEACHES LEARNING STRATEGIES; AND USES VISUAL AND PERFORMING ARTS TO FACILITATE THE EDUCATION PROCESS. 23 23 289 120 -249704 4285224 1442952 19337739 20828213 225713 217646 -430009 -449802 23418667 22039009 0 0 15307433 15786298 153800 0 708035 4860083 6084894 20321316 21871192 3097351 167817 55327384 56710742 32109045 32993456 23218339 23717286 X THE LAB SCHOOL OF WASHINGTON IS AN INNOVATIVE false false 13659552 16474506 TUITION: INCLUDES INTENSIVE REMEDIATION THROUGH DAY SCHOOL, PSYCHOLOGICAL SERVICES, OCCUPATIONAL THERAPY, SPEECH AND LANGUAGE SERVICES AND CAREER COUNSELING. 3966444 3230783 RELATED SERVICES INCLUDING: PSYCHOLOGICAL SERVICES, OCCUPATIONAL THERAPY AND SPEECH AND LANGUAGE SERVICES. 787602 1096509 OTHER PROGRAM: INCLUDES SUMMER SCHOOL AND TRAINING OF TEACHERS, PARENTS AND OTHERS THROUGH AFTER SCHOOL, OUTPATIENT SERVICES, INSTRUCTIONAL PROGRAMS, LECTURES AND AN ART TEACHER CONFERENCE. 26415 VARIOUS SCHOOL ACTIVITIES 26415 18413598 true true false false false false true false false true true false false false true true true false true false false false false false true false false false false true true false false false false false false false false false false true false false false false false false false false true 45 0 true 289 true true true false false false false true true false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false MD X X LAURELLE SHEEDY MCCREADY 2029656600 4759 RESERVOIR ROAD NW WASHINGTON DC 20007 PATRICIA BROWN TRUSTEE 0.50 X 0 0 0 NANCY BUBES TRUSTEE 0.50 X 0 0 0 MARTHA BRIDGE DENCKLA TRUSTEE 0.50 X 0 0 0 ART COLEMAN TRUSTEE 0.50 X 0 0 0 LEAH GAMBAL TRUSTEE 0.50 X 0 0 0 LILIBET HAGEL TRUSTEE 0.50 X 0 0 0 ALLYN KILSHEIMER TRUSTEE 0.50 X 0 0 0 LORI SOTO TRUSTEE 0.50 X 0 0 0 BRIAN THOMPSON TRUSTEE 0.50 X 0 0 0 RYAN WADE TRUSTEE 0.50 X 0 0 0 MIKE BEACH TRUSTEE 0.50 X 0 0 0 MAC BERNSTEIN CO-CHAIR, GOVERNANCE COMMITTEE 0.50 X 0 0 0 DAVIS CAMALIER CO-CHAIR, FACILITIES STEWARDSHIP COMMITTEE 0.50 X 0 0 0 SHEILA FEINBERG CO-CHAIR, GOVERNANCE COMMITTEE 0.50 X 0 0 0 ASHLEY DABBIERE CO-CHAIR, FACILITIES STEWARDSHIP COMMITTEE 1 X HAL MALCHOW CHAIR, FINANCE COMMITTEE 1 X LINDA FISHER CHAIR, COMMUNICATIONS AND ADVANCEMENT COMMITTEE 1 X SUSAN HUTTON TREASURER AND CHAIR, DEVELOPMENT COMMITTEE 1 X X JOHN JONAS VICE CHAIR AND CHAIR, AUDIT COMMITTEE 1 X X MIMI DAWSON IMMEDIATE PAST CHAIR 1 X X KATE FULTON VICE CHAIR AND CHAIR, STRATEGIC PLANNING COMMITTEE 1 X X MIKE TONGOUR SECRETARY 1 X X BILL TENNIS CHAIR 1 X X KATHERINE SCHANTZ HEAD OF SCHOOL 40 X 392518 22643 LAURELLE SHEEDY MCCREADY ASSOC. HEAD OF SCHOOL FOR FINANCE/OPERATIONS 40 X 210592 15999 1258256 105916 7 false true false CLARK CONSTRUCTION GROUP LLC 7500 OLD GEORGETOWN ROAD BETHESDA MD 20814 CONSTRUCTION SERVICES 2937540 CONCENTUSNET PO BOX 400 MCLEAN VA 22101 COMPUTER SERVICES 339875 PETER MCNAMARA & ASSOCIATES LLC 7112 MORNING LIGHT TRAIL COLUMBIA MD 21044 AV SERVICES & EQUIPMENT 177364 MIRANDA & JSC 12020 VALLEYWOOD DRIVE SILVER SPRING MD 20902 RENOVATION SERVICES 142105 UTILITY SYSTEMS CONSTRUCTION & ENGINEERING 12216 PARKLAWN DRIVE SUITE 200 ROCKVILLE MD 20852 CONSTRUCTION SERVICES 108212 5 448056 994896 75618 1442952 TUITION 611110 16474506 RELATED SERVICES 611110 3230783 OTHER PROGRAM REVENUE 611110 1096509 VARIOUS SCHOOL ACTIVITIES 611110 26415 20828213 221762 221762 190181 378445 -188264 -188264 -249704 61440 204809 208925 -4116 -4116 -4116 80400 448056 341938 -261538 -261538 22039009 20828213 -249704 17548 639353 50269 538815 50269 12745255 11346762 1115615 282878 464121 409419 40465 14237 916776 783042 104589 29145 1020793 859536 128026 33231 94691 0 94691 0 48839 0 48839 0 30669 0 30669 0 505897 204921 189011 111965 36358 250 36108 0 1187469 623212 214910 349347 432503 284379 137421 10703 536623 478910 44726 12987 74020 74020 0 0 650803 580811 54242 15750 1319154 1177282 109947 31925 151957 135614 12665 3678 BUS OPERATIONS 713400 636675 59460 17265 FACILITIES REPAIRS & MAINTENANCE 651204 581168 54276 15760 PRODUCTION 79603 0 29333 50270 PROFESSIONAL DEVELOPMENT 141620 125939 15595 86 -569916 61389 -309844 -321461 21871192 18413598 2749559 708035 4636283 3908840 3766825 2430594 6529743 6844138 680043 712758 39381971 11934528 27870065 27447443 11747208 15266777 97217 100192 55327384 56710742 717158 756805 13544560 14417275 17802139 17801301 45188 18075 32109045 32993456 X 10113519 10724599 9670544 9558411 3434276 3434276 23218339 23717286 55327384 56710742 167817 331130 X false true X true false X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 0.0 0 0 0 1 false 200 false 3988873 395801 57376 121642 4205656 4096930 77316 57119 128254 3988873 4091169 237755 46039 185955 4096930 4210131 655595 42534 732023 4091169 4071618 595253 758140 25210 1189670 4210131 0.00000 1.00000 0.00000 false false 2854826 2854826 33128536 9708514 23420022 1614253 1152658 461595 1584613 1073356 511257 199743 199743 27447443 CAPITAL LEASE OBLIGATION 18075 18075 X 22812276 79437 -30669 48768 22763508 -724499 -724499 22039009 22627419 79437 720383 799820 21827599 30669 12924 43593 21871192 Pt II, Line 9 THERE IS NO REVENUE OR EXPENSE TO REPORT FOR THE CURRENT YEAR. THE LAB SCHOOL IS ONLY REQUIRED TO MAINTAIN IT IN ITS NATURAL HABITAT. Pt V, Line 4 PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT GENERAL OPERATIONS, FINANCIAL AID AND PROFESSIONAL DEVELOPMENT. Pt X, Line 2 THE SCHOOL ADOPTED THE RECOMMENDATIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) IN ITS ACCOUNTING STANDARDS CODIFICATION (ASC) FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WITHOUT ANY MATERIAL EFFECT TO THE FINANCIAL STATEMENTS. THESE RECOMMENDATIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THEY ALSO PROVIDE GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JULY 31, 2017 AND 2016. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEGINNING BEFORE AUGUST 1, 2013. Pt XI, Line 4b SPECIAL EVENT EXPENSES ($341,938) NETTED WITH REVENUE IN PART VIII, RENTAL EXPENSES ($378,445) NETTED WITH REVENUE IN 990 PART VIII AND ($4,116) OF REALIZED LOSSES REPORTED IN 990 PART VIII BUT NOT IN LINE 1. Pt XII, Line 2d SPECIAL EVENT EXPENSES $341,938 AND RENTAL EXPENSES $378,445 Pt XII, Line 4b LOSS ON DISPOSAL OF FIXED ASSETS ($12,924) Pt XI, Line 2d INVESTMENT MANAGEMENT FEES $30,669 true true true true true true true false false false false false false false false false false true Line 3 PUBLISHED ANNUALLY IN LOCAL NEWSPAPERS IN AN ADVERTISEMENT PUBLISHED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF GREATER WASHINGTON. PUBLISHED ANNUALLY IN LOCAL NEWSPAPERS IN AN ADVERTISEMENT PUBLISHED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF GREATER WASHINGTON. GALA 528456 448056 80400 341938 528456 448056 80400 341938 341938 -261538 X X X false false false false false false false false false KATHERINE SCHANTZ 392518 13250 9393 415161 LAURELLE SHEEDY MCCREADY 210592 10826 3673 225091 DIANA MELTZER 145378 7604 9393 162375 A DISTRICT OF COLUMBIA 536001131 NONE00000 2014-06-26 18235000 CONSTRUCTION false false false A 34250 18235000 364700 17000259 870041 2016 false false false true A false false false false 0.00000 0.00000 0.00000 false true A true false false false false true A true X 8 75618 FMV AT DATE OF DONATION false true false Pt VI, Line 11b THE AUDITED FINANCIAL STATEMENTS WERE PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD BY THE INDEPENDENT OUTSIDE AUDITORS. THE MATERIALS WERE REVIEWED IN DETAIL AND THEN PRESENTED BY THE AUDIT CHAIR TO BOTH THE FINANCE COMMITTEE AND DIRECTLY TO THE BOARD OF TRUSTEES WHO ACCEPTED THE REPORT. THE FINALIZED 990 WAS POSTED TO THE BOARD PORTAL PRIOR TO BEING FILED. Pt VI, Line 12c ANNUALLY, THE SCHOOL'S AUDIT COMMITTEE REVIEWS THE DISCLOSURES IN ORDER TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER OR NOT SUCH A CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTERESTS OF THE SCHOOL. THE INDIVIDUAL WITH THE CONFLICT MAY NOT PARTICIPATE IN SUCH DETERMINATION. Pt VI, Line 15a AT LEAST EVERY TWO YEARS, THE LAB SCHOOL OF WASHINGTON COMPARES SALARIES OF TEACHERS AND ADMINISTRATORS TO CORRESPONDING ROLES IN COMPARABLE INDEPENDENT SCHOOLS IN THE REGION, AND COMPARABLE SPECIAL NEEDS SCHOOLS NATIONALLY. IT IS THE GOAL OF THE SCHOOL TO REACH THE MEDIAN OF COMPARABLE SCHOOLS ALTHOUGH THAT HAS NOT BEEN ACHIEVED YET. Pt VI, Line 15b AT LEAST EVERY TWO YEARS, THE LAB SCHOOL OF WASHINGTON COMPARES SALARIES OF TEACHERS AND ADMINISTRATORS TO CORRESPONDING ROLES IN COMPARABLE INDEPENDENT SCHOOLS IN THE REGION, AND COMPARABLE SPECIAL NEEDS SCHOOLS NATIONALLY. IT IS THE GOAL OF THE SCHOOL TO REACH THE MEDIAN OF COMPARABLE SCHOOLS ALTHOUGH THAT HAS NOT BEEN ACHIEVED YET. Pt VI, Line 19 THE SCHOOL FOLLOWS THE PUBLIC VIEWING POLICY REQUIRED UNDER THE FREEDOM OF INFORMATION ACT. IN ADDITION, ALL POLICIES LISTED IN PART VI, LINE 19 ARE AVAILABLE FOR PUBLIC VIEWING. Form 990, Part III, Line 4d VARIOUS SCHOOL ACTIVITIES 0. 0. 26415. Form 990, Part IX, Line 24e DUES & SUBSCRIPTIONS 43032. 29647. 13385. 0. Form 990, Part IX, Line 24e MISCELLANEOUS 52791. 18335. 13979. 20477. Form 990, Part IX, Line 24e RECRUITING 15644. 13407. 2237. 0. Form 990, Part IX, Line 24e SPECIAL EVENT EXPENSES -341938. 0. 0. -341938. Form 990, Part IX, Line 24e RENTAL EXPENSES -378445. 0. -378445. 0. Form 990, Part IX, Line 24e LOSS ON DISPOSAL OF FIXED ASSETS 12923. 0. 12923. 0. Form 990, Part IX, Line 24e BAD DEBT EXPENSE 26077. 0. 26077. 0.