2017-02-02T08:51:27-06:00 2016-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1 CAPITAL WAY CRANSTON RI 02910 990 2015-07-01 050369037 ST MICHAEL'S COUNTRY DAY SCHOOL STMI 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 JOHN ZURN HEAD OF SCHOOL 4018495970 2017-01-27 1 GREGORY CABRAL P00041776 4012725600 2017-01-27 2015 2021-01-29 14:40:06Z JOHN ZURN 180 RHODE ISLAND AVENUE NEWPORT RI 02840 7472724 0 X WWW.SMCDS.ORG X 1976 RI ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 24 24 109 50 0 0 415938 429246 4910093 4980710 152952 -129070 49878 56128 5528861 5337014 1236897 1268483 0 0 3095562 3144563 0 0 99198 1219656 1293231 5552115 5706277 -23254 -369263 8801947 8467339 1142286 1146905 7659661 7320434 ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 0 0 4280297 1268483 4649311 PROVIDING OF ELEMENTARY SCHOOL EDUCATION (GRADES PRESCHOOL THROUGH GRADE 8) SERVING APPROXIMATELY 202 STUDENTS DURING FY 2016. 157545 331399 PROVISION OF SPECIAL PROGRAMS CONSISTING OF MUSIC, AFTER-SCHOOL ACTIVITIES, TUTORING, SUMMER AND THEATER CAMPS, WHICH ARE PROVIDED OUTSIDE OF REGULAR CLASS WORK, FOR APPROXIMATELY 250 STUDENTS DURING FY 2016. 4437842 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 109 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TED FERRY 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 BETHANY DI NAPOLI CHAIR 20.00 X X 0 0 0 GEORGE PETROVAS VICE CHAIR 5.00 X X 0 0 0 ERIN FLYNN TREASURER 5.00 X X 0 0 0 ALEXIS MARKOWSKI SECRETARY 5.00 X X 0 0 0 GAIL ALOFSIN TRUSTEE 5.00 X 0 0 0 WILLIAM BREYER TRUSTEE 5.00 X 0 0 0 STEPHEN DICICCO TRUSTEE 5.00 X 0 0 0 GRIFFIN FLYNN TRUSTEE 5.00 X 0 0 0 STEPHEN FRARY TRUSTEE 5.00 X 0 0 0 KHADIJA LEWIS KHAN TRUSTEE 5.00 X 0 0 0 TERRY LANZA TRUSTEE 5.00 X 0 0 0 SAMI NASSIM TRUSTEE 5.00 X 0 0 0 SUZI NANCE TRUSTEE 5.00 X 0 0 0 CORY PLUMB TRUSTEE 5.00 X 0 0 0 MOLLY DE RAMEL TRUSTEE 5.00 X 0 0 0 MAX RICCI TRUSTEE 5.00 X 0 0 0 CURT RICHARDSON TRUSTEE 5.00 X 0 0 0 ISABELLA DANA RIDALL TRUSTEE 5.00 X 0 0 0 REBECCA SMITH TRUSTEE 5.00 X 0 0 0 DAVID THALMANN TRUSTEE 5.00 X 0 0 0 MARY VAN PELT TRUSTEE 5.00 X 0 0 0 PAUL WEBER TRUSTEE 5.00 X 0 0 0 ELIZABETH WYLIE TRUSTEE 5.00 X 0 0 0 PAMELA YOUNES TRUSTEE 5.00 X 0 0 0 JOHN ZURN HEAD OF SCHOOL 60.00 X 246539 0 20113 246539 0 20113 1 0 1 0 0 76441 352805 26669 429246 TUITION AND FEES 611110 4649311 4649311 SPECIAL PROGRAMS 611110 331399 331399 4980710 16284 16284 18650 0 18650 18650 18650 1970568 2115922 -145354 -145354 -145354 57266 19788 37478 37478 5337014 4980710 0 -72942 1268483 1268483 276261 276261 2391479 1686600 639935 64944 101279 77099 21351 2829 172577 123537 42221 6819 202967 150434 48358 4175 10295 10295 29509 29509 18502 18502 72311 72267 44 59605 29781 20554 9270 39121 3639 35482 82493 76718 4125 1650 13360 13360 372698 346609 18635 7454 56846 56846 REPAIRS & MAINTENANCE 170835 166826 4009 OTHER OPERATING EXPENSE 165608 163595 2013 CAMPS, TUTORS, BUSING & 63862 63862 INSTRUCTIONAL DEPARTMEN 56147 56147 82039 82039 5706277 4437842 1169237 99198 120900 127175 87997 24512 750 5025 116104 137213 49614 63688 11003827 4763208 6429568 6240619 1997014 1869107 8801947 8467339 418671 481949 335240 441773 388375 223183 1142286 1146905 X 5508493 5292283 446569 323552 1704599 1704599 7659661 7320434 8801947 8467339 -369263 30036 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1893354 -105925 14005 1773424 1979327 -12117 73856 1893354 1827328 76 223854 71931 1979327 1716199 7350 174587 70808 1827328 1790891 2550 -21761 55481 1716199 0.00000 0.96200 0.03800 0 0 81955 81955 9817874 3961955 5855919 389010 289529 99481 714988 511724 203264 6240619 X 4267903 30036 19788 49824 4218079 18502 1100433 1118935 5337014 4607130 19788 19788 4587342 18502 1100433 1118935 5706277 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE MAINTENANCE OF THE VAN BEUREN BUILDING, NEED-BASED SCHOLARSHIPS, DIVERSITY AND LEARNING DISABLED, PROFESSIONAL DEVELOPMENT FOR TEACHERS IN THE STUDY OF ALTERNATIVE LEARNING METHODS, AND FACULTY ENRICHMENT BEYOND THE CLASSROOM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON PART VIII, LINE 8(B) 19,788. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,100,433. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON PART VIII, LINE 8(B) 19,788. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,100,433. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS DESCRIBED IN ALL MEDIA, INTERVIEWS, BROCHURES, APPLICATIONS, ADMISSIONS AND ASSISTANCE MATERIAL SCHEDULE E, PART I, LINE 6 DURING THE 2015-16 SCHOOL YEAR, ST. MICHAEL'S COUNTRY DAY SCHOOL RECEIVED $30,271 OF TITLE II AID FROM THE CITY OF NEWPORT, RI FOR EDUCATIONAL CONSULTANTS, CONFERENCES, MEMBERSHIPS AND WORKSHOPS. HOUSE TOURS 51059 51059 14543 51059 51059 14543 14543 36516 1 NEED BASED FINANCIAL AID 91 1100433 NEED BASED TUITION ASSISTANCE TUITION REMISSION 10 168050 TUITION REMISSION SCHEDULE I, PART I, LINE 2: THE FINANCIAL AID AWARDS ARE CREDITED TO THE STUDENT'S ACCOUNT THROUGH THE STUDENT BILLING SOFTWARE IN THE BUSINESS OFFICE. FOR RECIPIENTS OF NEED-BASED FINANCIAL AID, THE SCHOOL USES SCHOOL AND STUDENT SERVICES AS A GUIDE AND REQUIRES 2 YEARS OF INCOME TAX RETURNS. TO BE ELIGIBLE FOR TUITION REMISSION EMPLOYEES MUST BE EMPLOYED FULL TIME. REMISSION IS GRANTED TO A MAXIMUM OF 2 OF EACH EMPLOYEE'S CHILDREN. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JOHN ZURN HEAD OF SCHOOL 216539 0 0 0 30000 0 11138 0 8975 0 266652 0 0 0 38800 FINANCIAL AID GRANTS TO PROVIDE FINANCIAL ASSISTANCE X 2 26669 FMV AT DATE RECEIVED 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 DURING THE FY 2016, ST. MICHAEL'S COUNTRY DAY SCHOOL MADE THE FOLLOWING CHANGES TO ITS BYLAWS: ARTICLE II, SECTION 1: CHANGED TO HAVE 3 CLASSES OF MEMBERS, TRUSTEE, PARENT & EMPLOYEE. TRUSTEE MEMBERS ARE THE ONLY VOTING MEMBERS. ARTICLE V, SECTION 2: UPDATED LANGUAGE THAT PROHIBITS THE EXECUTIVE COMMITTEE FROM DOING THE FOLLOWING: (A) AMENDING, ALTERING OR REPEALING THE BY-LAWS; (B) ELECTING, APPOINTING OR REMOVING ANY MEMBER OF ANY COMMITTEE OR ANY TRUSTEE OR OFFICER OF THE SCHOOL; (C) AMENDING OR RESTATING THE ARTICLES OF INCORPORATION; (D) ADOPTING A PLAN OF MERGER OR CONSOLIDATION; (E) AUTHORIZING THE SALE, LEASE, EXCHANGE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE SCHOOL; (F) AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE SCHOOL OR REVOKING PROCEEDS FOR VOLUNTARY DISSOLUTION; (G) ADOPTING A PLAN FOR THE DISTRIBUTION OF ASSETS OF THE SCHOOL; OR (H) AMENDING, ALTERING OR REPEALING ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ?ITS TERMS, SHALL NOT BE SO AMENDABLE OR REPEALABLE. ARTICLE VI, SECTION 1: CHANGED THE TYPES OF COMMITTEES TO "COMMITTEES OF THE BOARD" & "ADVISORY COMMITTEES". COMMITTEES OF THE BOARD ARE COMPRISED OF TRUSTEES ONLY AND HAVE THE AUTHORITY OF THE BOARD. ADVISORY COMMITTEES MAY HAVE NON-BOARD MEMBERS, AND DO NOT HAVE ANY BOARD AUTHORITY. THE EXECUTIVE COMMITTEE IS THE ONLY COMMITTEE OF THE BOARD THAT THE ORGANIZATION CURRENTLY HAS. ARTICLE IX: UPDATED THE INDEMNIFICATION LANGUAGE. ARTICLE XIV: REMOVED THE ARTICLE ON DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS OVERSEEN BY THE GOVERNANCE COMMITTEE. ANY POTENTIAL CONFLICT WOULD BE REVIEWED WITH THE BOARD MEMBER. IF A CONFLICT WAS JUDGED TO EXIST, HE/SHE WOULD BE ADVISED TO RECUSE THEMSELF FROM DISCUSSION AND VOTING ON ANY RELATED ISSUE. IF THE CONFLICT IS SEVERE, THE INDIVIDUAL WOULD BE ADVISED TO RECUSE HIMSELF FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS COMPARES THE COMPENSATION OF KEY INDIVIDUALS TO COMPENSATION PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR-SIZED SCHOOLS. THE RESULTS OF THE COMMITTEE ARE REPORTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. 990, PART XII, LINE 2C: THE SCHOOL'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.