2018-02-28T09:01:44-06:00 2017-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2016-07-01 131635261 TREVOR DAY SCHOOL TREV 2124263300 312 EAST 95TH STREET NEW YORK NY 10128 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 2124263300 2018-02-26 1 AARON SHAPIRO P01333816 2128674000 38.98.118.70 2018-02-27 13:38:11 ES P D7076C0EC39B17C3336BFEA465ABF20A32036F2A 73A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900 2016 2021-01-29 14:40:06Z STEVEN DUDLEY 312 EAST 95TH STREET NEW YORK NY 10128 44391528 0 X WWW.TREVOR.ORG X 1932 NY TO OPERATE AN INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE. 20 19 314 145 0 0 3984395 3985928 36729451 38010241 328478 373067 416649 835429 41458973 43204665 5340392 6113018 0 0 21131384 22536359 83942 0 1057623 13903822 13675324 40459540 42324701 999433 879964 177204457 178211123 92561487 86807642 84642970 91403481 X TREVOR DAY SCHOOL BUILDS AN ACTIVITY-BASED SETTING TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. 0 0 33012187 6113018 38010241 PROVIDED EDUCATION IN AN ACTIVITY-BASED SETTING IN ORDER TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. THE SCHOOL SERVED 803 STUDENTS DURING FISCAL YEAR 2017. 33012187 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 215 0 314 1 0 0 0 0 0 1 1 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X STEVEN DUDLEY 2124263300 312 EAST 95TH STREET NEW YORK NY 10128 MARYKAY COYLE PRESIDENT 2.00 X X 0 0 0 OLAF OLAFSSON VICE PRESIDENT 2.00 X X 0 0 0 RAYMOND IWANOWSKI SECRETARY 2.00 X X 0 0 0 DAVE MORGAN TREASURER 2.00 X X 0 0 0 ERIC COLE ASSISTANT SECRETARY 2.00 X X 0 0 0 SCOTT REISINGER HEAD OF SCHOOL 40.00 X X 590520 0 41572 ALEXIS STRONGIN TRUSTEE 2.00 X 0 0 0 ANN O'CONNOR TRUSTEE 2.00 X 0 0 0 ANNA RAYTCHEVA TRUSTEE 2.00 X 0 0 0 ANNE HAUBENSTRICKER TRUSTEE 2.00 X 0 0 0 BAO TRUONG TRUSTEE 2.00 X 0 0 0 RACHEL GORDON TRUSTEE 2.00 X 0 0 0 TRACEY LEITMAN TRUSTEE 2.00 X 0 0 0 JAMIE MARKS TRUSTEE 2.00 X 0 0 0 LAUREL SKARBINSKI TRUSTEE 2.00 X 0 0 0 MARGARET MCQUADE TRUSTEE 2.00 X 0 0 0 MARIANNE JONES TRUSTEE 2.00 X 0 0 0 ORIT MARDKHA-TENZER TRUSTEE 2.00 X 0 0 0 PAUL HARMAN TRUSTEE 2.00 X 0 0 0 ZEAD RAMADAN TRUSTEE 2.00 X 0 0 0 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 40.00 X 277691 0 33993 LISA ALBERTI ELEMENTARY SCHOOL DIRECTOR 40.00 X 235552 0 38530 DANIEL FEIGIN - HIGH SCHOOL & MIDDLE SCHOOL DIRECTOR 40.00 X 212276 0 51199 LISA LANZI DIRECTOR OF OPERATIONS 40.00 X 204488 0 24785 ERIC LINDOW SENIOR TECHNOLOGY ADVISOR 40.00 X 141195 0 20538 ADAM EXLINE CO-DIRECTOR, COLLEGE COUNSELING 40.00 X 140853 0 19047 STEVEN H SCHECHTER DIRECTOR OF IT 40.00 X 139257 0 40653 REBECCA DAMAS DIRECTOR OF MIDDLE SCHOOL 40.00 X 147717 0 17548 2089549 0 287865 38 0 1 0 QWEST CONTRACTING CORP 153 WEST 27TH STREET NEW YORK NY 10001 CONSTRUCTION 1296708 ITSIMPLIFY 22 CENTURY BOULEVARD NASHVILLE TN 37214 INFORMATION TECHNOLOGY 163733 ROGERS PARTNERS 100 READE STREET NEW YORK NY 10013 ARCHITECT 136623 3 463050 961968 2560910 3985928 TUITION & FEES 611110 36998247 36998247 AUXILIARY 611110 944832 944832 EDUCATION AND GENERAL 611110 67162 67162 38010241 315672 315672 874885 22987 851898 851898 851898 1016453 959058 57395 57395 57395 153216 463050 204818 -51602 -51602 OTHER 900099 35133 35133 35133 43204665 38010241 0 1208496 6113018 6113018 1584869 985407 530244 69218 16662835 13047215 2842235 773385 826433 650965 136572 38896 2201575 1882777 272483 46315 1260647 1004049 192852 63746 85934 85934 53453 53453 1381614 965182 387887 28545 2436283 1421134 1008612 6537 3834256 2947090 872239 14927 657049 632862 24187 130941 51022 76517 3402 3422414 2635259 787155 440692 440692 BAD DEBT 293700 293700 938988 676207 250129 12652 42324701 33012187 8254891 1057623 976 2572 25318817 24900312 443558 904977 179497 416948 151445356 17214518 135387766 134230838 13588048 15236902 2285795 2518574 177204457 178211123 3002358 4062926 12369692 11758386 61320824 59552088 4545454 4545454 11323159 6888788 92561487 86807642 X 70849377 76319751 3763456 4756705 10030137 10327025 84642970 91403481 177204457 178211123 X 879964 1646176 4234371 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15546621 2401666 1737665 548478 19137474 18967102 1428149 -814235 4034395 15546621 19324650 361971 -53980 665539 18967102 16656037 295679 2372934 19324650 12883896 2917770 1298314 236414 16656037 0.21180 0.53960 0.24860 0 0 23327272 23327272 124390211 16278112 108112099 3727873 936406 2791467 134230838 SWAP PAYABLE 6307011 ACCRUED INTEREST 581777 6888788 X 38760810 1646176 22987 1669163 37091647 6113018 6113018 43204665 36234670 22987 22987 36211683 6113018 6113018 42324701 PART V, LINE 4: FACULTY SUPPORT, FINANCIAL AID AND TO SUPPORT UNRESTRICTED GENERAL PURPOSES OF THE SCHOOL. PART X, LINE 2: TREVOR DAY SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2014 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 22,987. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,113,018. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 22,987. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,113,018. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 FULL PAGE ADVERTISEMENT IS TAKEN OUT ANNUALY IN METRO NEW YORK BY ISAAGNY (INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK). TREVOR DAY SCHOOL IS A MEMBER OF ISAAGNY AND NAMED IN THE ADVERTISEMENT. SCHEDULE E, PART I, LINE 6 MANDATED SERVICES PAYMENTS FROM THE NYS EDUCATION DEPARTMENT. CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 270950 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 276412 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 1969764 0 0 0 0 0 0 2517126 0 2517126 0 0 1 0 0 0 FALL FESTIVAL 616266 463050 153216 95540 38724 31224 39330 616266 463050 153216 95540 38724 31224 39330 204818 -51602 1 FINANCIAL AID 164 6113018 PART 1 LINE 1 FINANCIAL AID IS PROVIDED TO QUALIFIED FAMILIES THAT ARE UNABLE TO PAY FULL TUITION. AWARDS ARE BASED ON A PERCENTAGE OF TUITION. CONSEQUENTLY, THE AMOUNT OF FINANCIAL AID GIVEN EACH YEAR CAN VARY A LOT. IN ORDER TO QUALIFY FOR FINANCIAL AID, A FAMILY MUST SUBMIT AN ANNUAL PERSONAL FINANCIAL STATEMENT TO SCHOOL AND STUDENT SERVICES BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, WHICH TREVOR DAY SCHOOL USES TO DETERMINE EACH INDIVIDUAL'S AID. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 SCOTT REISINGER HEAD OF SCHOOL 540086 0 0 0 50434 0 7197 0 34375 0 632092 0 0 0 STEVEN DUDLEY CHIEF FINANCIAL OFFICER 277261 0 0 0 430 0 14790 0 19203 0 311684 0 0 0 LISA ALBERTI ELEMENTARY SCHOOL DIRECTOR 235129 0 0 0 423 0 14784 0 23746 0 274082 0 0 0 DANIEL FEIGIN - HIGH SCHOOL & MIDDLE SCHOOL DIRECTOR 211881 0 0 0 395 0 14042 0 37157 0 263475 0 0 0 LISA LANZI DIRECTOR OF OPERATIONS 204149 0 0 0 339 0 12482 0 12303 0 229273 0 0 0 ERIC LINDOW SENIOR TECHNOLOGY ADVISOR 141027 0 0 0 168 0 8235 0 12303 0 161733 0 0 0 ADAM EXLINE CO-DIRECTOR, COLLEGE COUNSELING 140681 0 0 0 172 0 9081 0 9966 0 159900 0 0 0 STEVEN H SCHECHTER DIRECTOR OF IT 139034 0 0 0 223 0 9814 0 30839 0 179910 0 0 0 REBECCA DAMAS DIRECTOR OF MIDDLE SCHOOL 147511 0 0 0 206 0 8738 0 8810 0 165265 0 0 0 PART I, LINE 1A SCOTT REISINGER RECEIVED EMPLOYER-PROVIDED HOUSING IN THE AMOUNT OF $50,005. THE VALUE OF THE HOUSING WAS TAXABLE. A DORMITORY AUTHORITY - STATE OF NEW YORK 146000293 2011-07-29 65500000 PART VI 0 0 0 A 3625000 65563511 1025459 1310000 38228052 25000000 2014 1 0 1 1 A 0 0 1 1 1 1 SEE PART VI 0 0 0 0 0 A 0 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: DORMITORY AUTHORITY - STATE OF NEW YORK DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2014 NOTE REGARDING THE REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. PART I, LINE A, COLUMN (F) CONSTRUCT FACILITY & REFUND TAXABLE LOAN PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. PART IV, COLUMN A, LINE 4B SWAP 1: RBS CITIZENS, N.A., SWAP 2: RBS CITIZENS, N.A., SWAP 3: CITIZENS BANK OF PENNSYLVANIA, SWAP 4: CITIZENS BANK OF PENNSYLVANIA PART IV, COLUMN A, LINE 4C SWAP 1: 7.0, SWAP 2: 2.9, SWAP 3: 14.1, SWAP 4: 10.0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD WITH THE EXCEPTION OF SCHEDULE B, IN CONFORMITY WITH THE BOARD'S DESIRE TO MAINTAIN THE CONFIDENTIALITY OF THE INFORMATION CONTAINED THEREIN. THE FULL BOARD IS GIVEN THE OPTION OF RECEIVING THIS INFORMATION, UPON THEIR REQUEST. EACH TRUSTEE REVIEWED A DRAFT OF THE 990. IF A TRUSTEE HAD ANY COMMENTS, THEY WERE REVIEWED AND ACTED ON PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF POTENTIAL OR ACTUAL CONFLICT: THE COMMITTEE ON TRUSTEES SHALL REVIEW INITIALLY AND ANNUALLY ALL TRANSACTIONS THAT MAY ARISE OR DO EXIST BETWEEN THE SCHOOL AND INDIVIDUALS WITH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO OFFICER OF THE SCHOOL OR MEMBER OF THE BOARD OF TRUSTEES WHO HAS SUCH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL PARTICIPATE IN THE COMMITTEE'S REVIEW OF ANY SUCH TRANSACTION. THE COMMITTEE ON TRUSTEES SHALL TRANSMIT ITS RECOMMENDATIONS CONCERNING THE APPROPRIATENESS OF ANY SUCH TRANSACTIONS TO THE FULL BOARD OF TRUSTEES, WHICH SHALL DETERMINE WHETHER OR NOT TO PROCEED WITH SUCH TRANSACTION. DISCLOSURE: UPON ADOPTION OF THIS CONFLICT OF INTEREST POLICY, ALL OFFICERS AND TRUSTEES SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FURTHER PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. SUBSEQUENTLY ELECTED TRUSTEES AND OFFICERS SUBSEQUENTLY APPOINTED SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FIRST PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. DISCLOSURE FORMS SHALL BE UPDATED ANNUALLY, OR SOONER, IF CHANGED CIRCUMSTANCES REQUIRE DISCLOSURE. IN ADDITION, PERSONS SUBJECT TO THIS POLICY ARE EXPECTED TO UPDATE THE DISCLOSURE FORM AT ANY TIME DURING THE YEAR THAT THE INFORMATION REQUESTED ON THE FORM CHANGES. DISCLOSURES SHOULD BE SUBMITTED TO THE CHAIR, COMMITTEE ON TRUSTEES, WHO WILL BE THE CONFLICT OF INTEREST OFFICER, AND WILL ADMINISTER THIS POLICY. ACTUAL OR POTENTIAL CONFLICTS OF A MATERIAL NATURE SHALL BE REPORTED TO THE BUSINESS OFFICE OF THE SCHOOL. THE CHAIR OF THE COMMITTEE OF TRUSTEES IS CHARGED WITH ADMINISTERING ANY CONFLICTS OF INTEREST WHICH ARISE FROM THE BOARD FILLING OUT THE DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE HEAD OF SCHOOL IS BASED ON A FOUR YEAR EMPLOYMENT CONTRACT, EFFECTIVE JULY 2014, AND RUNNING THROUGH JUNE 30, 2018. THE SALARY IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD, SUBJECT TO FULL BOARD APPROVAL, AFTER RESEARCHING COMPARATIVE DATA OF HEADS OF SCHOOLS COMPENSATION AS PREPARED BY INDUSTRY ASSOCIATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE SALARY OF THE HEAD IS FURTHER REVIEWED FORMALLY, ON A YEAR TO YEAR BASIS, ON THE BASIS OF THE BOARD'S EXPECTATIONS AND OVERALL PERFORMANCE OF THE HEAD. COMPENSATION OF ALL OTHER OFFICERS IS DETERMINED BY THE BOARD BASED ON COMPARATIVE DATA FOR THE SAME POSITION WITHIN SIMILAR ORGANIZATIONS. DATA FROM THE NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS (NYSAIS) AND THE SERVICES OF EXECUTIVE COMPENSATION CONCEPTS LTD ARE USED. THE FISCAL YEAR 2017 SALARY WAS APPROVED AT THE BEGINNING OF THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 TREVOR DAY SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENT 4,234,371. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.