2018-02-08T13:13:50-06:00 2017-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2016-07-01 560729351 THE RALEIGH SCHOOL INC % HEATHER CAMPBELL RALE 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 ROBERT LICHTENSTEIN HEAD OF SCHOOL 9195460788 2018-02-07 true Ronald A Batchelor P00077863 9197878212 204.16.136.178 69791020180395000000 2018-02-08 P 97EC3D80D93451EA0B75DFF133ABCD8103B31EA9 4F142AB6C53FDBF579774221F970B100A52331B2 2016 2021-01-29 14:40:06Z ROBERT LICHTENSTEIN 1141 RALEIGH SCHOOL DR RALEIGH NC 27607 4805388 false X www.raleighschool.org X 1955 NC THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. 18 18 71 600 0 266164 284105 4105702 4224859 -90713 81167 35560 45958 4316713 4636089 73966 118805 0 0 2785550 2920711 0 0 163623 1436568 1430767 4296084 4470283 20629 165806 11217114 11488932 5268712 5033235 5948402 6455697 THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. false false 2872039 118805 3967531 PROVIDED PRESCHOOL CLASSES FOR 140 CHILDREN UNDER THE AGE OF FIVE AND PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 263 CHILDREN. 163170 257328 PROVIDED AFTER SCHOOL CARE FOR 89 CHILDREN FROM 4S TO 5TH GRADE. OFFERED 8 AFTER SCHOOL CLUBS FOR ELEMENTARY AGED CHILDREN. OFFERED 30 SUMMER CAMP COURSES FOR CHILDREN FROM RISING 3S THROUGH RISING 6TH GRADE. OFFERED CATERED LUNCH FIVE DAYS A WEEK TO CHILDREN 3S THROUGH 5TH GRADE. PARTICIPATED IN AN INTERNSHIP PROGRAM FOR MEREDITH COLLEGE STUDENTS MAJORING IN EARLY CHILDHOOD DEVELOPMENT. 3035209 true true false false false false false false false true true false false false true false true false true false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false true 15 0 true 71 true false false false false false true true false false false false X 18 18 false false false false true true false true false false false true true true true true true true true false X X HEATHER CAMPBELL 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 MANAL EL-RAMLY BOARD CHAIR 2.0 0.0 X 0 0 0 ERIKA CANADY 1ST VICE CHAIR 1.0 0.0 X 0 0 0 ANDREA STAFFHORST 2ND VICE CHAIR 1.0 0.0 X 0 0 0 ALLAN ACTON SECRETARY 1.0 0.0 X 0 0 0 MATT CLEAVER TREASURER 1.0 0.0 X 0 0 0 KELLY BEATTY BOARD MEMBER 1.0 0.0 X 0 0 0 STACY BENNETT BOARD MEMBER 1.0 0.0 X 0 0 0 MIKE CAPPS BOARD MEMBER 1.0 0.0 X 0 0 0 BYINNA CROWDER BOARD MEMBER 1.0 0.0 X 0 0 0 MARK FRIEDMAN BOARD MEMBER 1.0 0.0 X 0 0 0 BOB GRECZYN BOARD MEMBER 1.0 0.0 X 0 0 0 RANDALL LAGUE BOARD MEMBER 1.0 0.0 X 0 0 0 ALEXA MCCARRON BOARD MEMBER 1.0 0.0 X 0 0 0 SHARAT NAGARAJ BOARD MEMBER 1.0 0.0 X 0 0 0 FRANK THOMPSON BOARD MEMBER 1.0 0.0 X 0 0 0 MISSY WARREN BOARD MEMBER 1.0 0.0 X 0 0 0 SARAH WOODSON BOARD MEMBER 1.0 0.0 X 0 0 0 KATHY WORM BOARD MEMBER 1.0 0.0 X 0 0 0 ROBERT LICHTENSTEIN HEAD OF SCHOOL 40.0 0.0 X 139041 0 29332 ELIZABETH GILLELAND DIRECTOR, PRESCHOOL 40.0 0.0 X 78860 0 19047 MARY GOLDEN DIRECTOR, ELEMENTARY 40.0 0.0 X 74018 0 18904 HEATHER CAMPBELL DIRECTOR, FINANCE & OPERATIONS 35.0 0.0 X 76333 0 21207 368252 0 88490 1 false true false 0 67709 216396 1875 284105 TUITION 900099 3879061 3879061 REGISTRATION & FEES 611710 88470 88470 SUMMER CAMP 900099 66254 66254 AFTER SCHOOL CARE 900099 167199 167199 CLUBS 900099 23025 23025 850 850 4224859 72952 72952 0 0 0 0 0 70294 0 60126 1953 10168 -1953 8215 8215 151518 67709 107220 44298 44298 0 0 0 0 0 0 MISC. REVENUE 900099 1660 1660 1660 4636089 4057660 294324 0 118805 118805 0 0 465849 228871 211207 25771 0 1840288 1544301 228535 67452 165411 139575 19908 5928 282428 253383 19642 9403 166735 130755 29484 6496 0 0 27912 27912 0 0 12940 12940 2411 88 1927 396 0 41459 11608 24461 5390 56500 30498 26002 0 269666 242717 24254 2695 0 0 0 90146 90146 0 416916 416916 50210 50210 AUXILIARY 163130 163130 TEACHER EDUCATION 42271 42271 ADMISSION EXPENSES 39263 3812 35451 TEACHER DISCRETIONARY SUPPLIES 21003 21003 196940 104392 52456 40092 4470283 3035209 1271451 163623 0 0 4620850 2985929 13311 16165 21894 22896 0 0 0 0 0 0 0 0 44173 63397 8534691 4542932 3923417 3991759 2514805 4408786 0 0 0 0 0 0 78664 0 11217114 11488932 284620 274581 0 0 2297850 2429413 2467000 2244387 0 0 0 0 0 0 0 0 219242 84854 5268712 5033235 X 5820903 6322454 39641 44459 87858 88784 5948402 6455697 11217114 11488932 X 165806 207101 134388 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 472763 926 47758 521447 481987 525 -9749 472763 478457 2375 1155 481987 338404 51500 88553 478457 305916 200 32288 338404 0.76990 0.17030 0.05980 false false 0 949359 949359 0 6621213 3799621 2821592 0 595035 505857 89178 0 369084 237454 131630 3991759 0 INTEREST RATE SWAP CONTRACT LIABILITY 84854 84854 4713398 207101 -118805 88296 4625102 12940 -1953 10987 4636089 4340491 1953 1953 4338538 12940 118805 131745 4470283 SCHEDULE D, PART V, LINE 4 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE ENDOWMENT WAS ESTABLISHED IN 2010 TO SUPPORT FIVE KEY AREAS - FINANCIAL AID, TEACHER ENRICHMENT, FACILITIES MAINTENANCE, TECHNOLOGY AND PROGRAMS CONSISTENT WITH THE SCHOOL'S MISSION INCLUDING ACADEMICS, ART, MUSIC, LANGUAGE, PHYSICAL EDUCATION, AND SOCIAL AND EMOTIONAL DEVELOPMENT. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE: $(118,805) FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE: $(1,953) LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FORM 990 STATEMENT OF REVENUE SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES: $1,953 LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FORM 990 STATEMENT OF REVENUE SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES: $118,805 FINANCIAL AID NET WITH TUITION REVENUE FOR FINANCIAL STATEMENTS true true true true true true true false false false false false false false false false false true SCHEDULE E PART I QUESTION 3 RACIALLY NODISCRIMINATORY POLICY: NON-DISCRIMINATORY POLICY IS ADVERTISED ON WEBSITE, VIEW BOOK AND APPLICATION AS PART OF SOLICITATION PROCESS. SILENT AUCTION 97346 67709 29637 24430 LUNCH 62394 62394 51695 4 58954 58954 30751 218694 67709 150985 51695 55181 106876 44109 true FINANCIAL AID 28 118805 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: THE RALEIGH SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANT'S 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 SENT TO THE RALEIGH SCHOOL. ONCE THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. X false false false false false false false false false ROBERT LICHTENSTEIN HEAD OF SCHOOL 139041 0 0 0 0 0 13072 0 16895 0 169008 0 0 0 A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2014-06-12 2750000 REFUND A PRIOR ISSUE 6/15/2006 false false false A 433000 0 2750000 0 0 0 0 0 0 0 2750000 0 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false false false true true BB&T 15. false false false 0 false false A true FORM 990, PART VI, LINES 6 & 7A ORGANIZATION'S MEMBERS AND THEIR POWER TO ELECT THE GOVERNING BODY: As outlined in the school's by-laws, members of The Raleigh School's governing structure or Board of Trustees are elected by "Active Members" of the organization. This election is held at the school's Annual Meeting. Active Members are comprised of all current parents, lawful guardians, foster parents, and employees of the school. FORM 990, PART VI, LINE 11B FORM 990 REVIEW: THE FORM 990 WAS GIVEN TO THE BOARD FINANCE COMMITTEE FOR REVIEW. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY: THE SCHOOL HAS A CONFLICT OF INTEREST POLICY. IT IS PART OF NEW BOARD TRAINING AND IS INCLUDED IN THE BOARD'S TRAINING MANUAL. THE CONFLICT OF INTEREST POLICY IS RENEWED AND SIGNED ANNUALLY. FORM 990, PART VI, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION FOR THE HEAD OF SCHOOL. COMPENSATION IS SET AFTER CONSIDERING BENCHMARKS INCLUDING DATA FROM INDEPENDENT SCHOOL ORGANIZATIONS (NCAIS AND SAIS) AND VIEWING PEER SCHOOL FORMS 990 ON-LINE. THE HEAD OF SCHOOL SETS SALARIES FOR DIVISION DIRECTORS USING SIMILAR BENCHMARKS. FORM 990, PART VI, LINE 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS ARE AVAILABLE ON-LINE. FORM 990 IS AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE AND ON-LINE AT GUIDESTAR. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL TRUSTEES AND IS AVAILABLE TO THE PUBLIC AT THE SCHOOL'S OFFICES. THE QUARTERLY FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF TRUSTEES. THE TREASURER REPORTS TO THE BOARD OF TRUSTEES AT THE MONTHLY BOARD MEETINGS. FORM 990, PART XI, LINE 9 RECONCILIATION OF CHANGE IN NET ASSETS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $134,388.