2017-05-12T10:45:02-05:00 2016-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-07-01 141364656 TUXEDO PARK SCHOOL TUXE 8453514737 CAMP COMFORT ROAD TUXEDO PARK NY 10987 MICHAEL J MURPHY CFO 8453514737 2017-05-12 1 AARON SHAPIRO P01333816 2128674000 2015 2021-01-29 14:40:06Z PAMELA VAN DER LEE CAMP COMFORT ROAD TUXEDO PARK NY 10987 8296861 0 X TUXEDOPARKSCHOOL.ORG X 1900 NY INDEPENDENT DAY SCHOOL IN TUXEDO PARK, NY FOR PRESCHOOL THROUGH NINTH GRADE. 20 20 82 20 0 0 1208850 886550 7316357 6807672 398934 375552 58534 73508 8982675 8143282 1900885 1820627 0 0 4644673 4262869 0 0 185525 2351992 2160836 8897550 8244332 85125 -101050 15467067 15017609 2932228 2921340 12534839 12096269 X THE MISSION OF TUXEDO PARK SCHOOL IS TO TEACH STUDENTS TO BECOME LIFE-LONG LEARNERS AND THOUGHTFUL, PRODUCTIVE CITIZENS AND LEADERS IN THEIR COMMUNITIES, OUR COUNTRY AND THE WORLD. IN ALL ASPECTS OF SCHOOL LIFE WE VALUE INTEGRITY, INDEPENDENCE, COOPERATION, RESPONSIBILITY, COMPASSION, AND RESPECT FOR OTHERS. THE SCHOOL SUPPORTS AND EXPECTS EXCELLENCE IN THE FACULTY AND IN ALL ACADEMIC AND CO-CURRICULAR PROGRAMS, INCORPORATING HIGH ACADEMIC STANDARDS WHICH ARE BOTH ACCESSIBLE AND CHALLENGING TO MOTIVATED STUDENTS. OUR TEACHERS HELP STUDENTS APPRECIATE THE JOY OF LEARNING AND THE SATISFACTION OF MEETING SIGNIFICANT CHALLENGES. THE SCHOOL PROVIDES A SAFE, NURTURING EDUCATION COMMUNITY THAT IS SMALL ENOUGH FOR EACH CHILD TO BE KNOWN, TO BE APPRECIATED, AND TO HAVE APPROPRIATE OPPORTUNITIES TO PARTICIPATE AND TO LEAD. 0 0 6244115 1820627 6807672 THE SCHOOL PROVIDES A CONTINUOUS EDUCATION PROGRAM FOR BOYS AND GIRLS FROM PRESCHOOL THROUGH NINTH GRADE. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 220 STUDENTS IN 2016. 6244115 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 82 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MICHAEL MURPHY 8453514737 CAMP COMFORT ROAD TUXEDO PARK NY 10987 PAMELA VAN DER LEE PRESIDENT 4.00 X X 0 0 0 SCOTT SHAW VICE PRESIDENT 4.00 X X 0 0 0 THOMAS MCKAY TREASURER 4.00 X X 0 0 0 MAUREEN COEN SECRETARY 4.00 X X 0 0 0 JOSEPH CAPELLA TRUSTEE 2.00 X 0 0 0 AMRA SABIC-EL-REYESS TRUSTEE 2.00 X 0 0 0 ANNE CHRISTENSEN TRUSTEE 2.00 X 0 0 0 BARBARA KASHEVAROFF TRUSTEE 2.00 X 0 0 0 BETH STRADER TRUSTEE 2.00 X 0 0 0 CAITLYN PORTO TRUSTEE 2.00 X 0 0 0 CHRISTOPHER HANSEN TRUSTEE 2.00 X 0 0 0 FRANCIS PEVERLY TRUSTEE 2.00 X 0 0 0 GUS SALIBA TRUSTEE 2.00 X 0 0 0 JOYCE FALINI TRUSTEE 2.00 X 0 0 0 LINDSAY DOW TRUSTEE 2.00 X 0 0 0 LISA FINKELSTEIN TRUSTEE 2.00 X 0 0 0 MICHAEL VASSEGHI TRUSTEE 2.00 X 0 0 0 SUKHDEEP KAUR TRUSTEE 2.00 X 0 0 0 SUZANNE DONAGHY TRUSTEE 2.00 X 0 0 0 TERRANCE COUGHLIN TRUSTEE 2.00 X 0 0 0 MICHAEL J MURPHY CFO 50.00 X 170622 0 17978 TODD STANSBERY HEAD OF SCHOOL (SINCE 7/1/15) 60.00 X 107500 0 5375 DAWN KRANZO DIRECTOR OF ATHLETICS 45.00 X 104120 0 10325 ELIZABETH BETTI SCIENCE DEPT. CHAIR 45.00 X 101140 0 10044 KATHLEEN MCNAMARA HEAD OF SCHOOL 0.00 X 121200 0 11730 604582 0 55452 5 1 1 0 FLIK INDEPENDENT SCHOOL DINING PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 291034 CHESTNUT RIDGE TRANSIT INC 56 W CHURCH STREET SPRING VALLEY NY 10977 TRANSPORTATION 133394 2 218991 108689 558870 886550 STUDENT TUITION AND FE 611110 6410250 6410250 AUXILIARY FEES 611110 312234 312234 AFTER SCHOOL FEES 611620 85188 85188 6807672 265516 265516 48426 19142 29284 29284 29284 210371 100335 110036 110036 110036 24450 218991 34102 -9652 -9652 OTHER 900099 53876 53876 53876 8143282 6807672 0 449060 1820627 1820627 416751 56438 303875 56438 3206237 2366449 785171 54617 53366 39176 13277 913 311177 203177 90522 17478 275338 179776 80097 15465 9260 9260 29135 29135 78843 68724 9881 238 420535 233780 171260 15495 88680 55191 33489 333372 287544 35253 10575 323546 323546 43713 18447 24106 1160 4574 4574 336978 293171 33698 10109 68297 68297 FOOD SERVICE 293340 293340 BAD DEBT 41000 41000 89563 4729 81797 3037 8244332 6244115 1814692 185525 586406 319481 1417791 1716898 213343 220397 132135 215894 43312 30667 11603513 5423150 6326069 6180363 6748011 6333909 15467067 15017609 644686 529925 727210 846487 1500000 1500000 60332 44928 2932228 2921340 X 4911692 4848107 2112399 1737414 5510748 5510748 12534839 12096269 15467067 15017609 -101050 -337520 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7673696 37839 349000 7362535 7712239 309457 348000 7673696 7107706 937533 333000 7712239 6788911 621795 303000 7107706 6970618 108293 290000 6788911 0.12480 0.74850 0.12670 0 0 113500 113500 10337829 4567323 5770506 1093715 803695 290020 58469 52132 6337 6180363 X 6038379 -337520 -337520 6375899 1767383 1767383 8143282 6476949 0 6476949 1767383 1767383 8244332 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR SCHOLARSHIPS, FACULTY ENRICHMENT, VARIOUS DEPARTMENT CHAIRS AS WELL AS OPERATIONS. PART X, LINE 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,820,627. RENTAL EXPENSE -19,142. SPECIAL EVENT EXPENSES -34,102. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,820,627. RENTAL EXPENSE -19,142. SPECIAL EVENT EXPENSE -34,102. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PLACES A NOTICE OF NON-DISCRIMINATORY POLICY TO STUDENTS ANNUALLY IN A PERIODICAL. IT WAS LAST PUBLISHED IN THE NEW YORK TIMES ON JUNE 7TH, 2016. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED NEW YORK STATE AID FOR MANDATED SERVICES. ANNUAL/BENEFIT 243441 218991 24450 6240 22535 2225 3102 243441 218991 24450 6240 22535 2225 3102 34102 -9652 1 SCHOLARSHIPS AND TUITION ASSISTANCE 105 1820627 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON ELIGIBILITY AND GREATEST NEED BY THE SCHOLARSHIP COMMITTEE. THE SCHOLARSHIPS ARE GIVEN EACH YEAR WITHIN A BOARD-APPROVED BUDGET. THEY ARE TRACKED THROUGH THE STUDENT BILLING DATABASE WHICH IS THEN VERIFIED BY THE CHIEF FINANCIAL OFFICER. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL J MURPHY CFO 170622 0 0 0 0 0 0 0 17978 0 188600 0 0 0 KATHLEEN MCNAMARA HEAD OF SCHOOL 121200 0 0 0 0 0 6030 0 5700 0 132930 0 0 0 PART I, LINE 1A THE HEADMASTER IS REQUIRED BY CONTRACT TO LIVE IN SCHOOL OWNED HOUSING IN ORDER TO ACCOMMODATE ONGOING OPERATIONAL MEETINGS, CONDUCT FUND RAISING ACTIVITIES AND TO BE IMMEDIATELY AVAILABLE IN CASE OF EMERGENCIES. THE SCHOOL DOES NOT REIMBURSE THE HEADMASTER AS ALL EXPENSES RELATING TO THE PROPERTY ARE PAID DIRECTLY BY THE SCHOOL. THE HOUSING ALLOWANCE BENEFIT IS REPORTED AS NON-TAXABLE COMPENSATION. 0 1 1 FORM 990, PART VI, SECTION B, LINE 11 THE FEDERAL FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR PRESENTED THE FEDERAL FORM 990 AT THE BOARD MEETING AND MADE COPIES AVAILABLE TO THE FULL BOARD. THE BOARD ACCEPTED THE FEDERAL FORM 990 AS PRESENTED, AND IT WAS SUBSEQUENTLY FILED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE MEMBERS OF BOARD OR THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSONS, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE IS CHARGED WITH DETERMINING THE COMPENSATION OF THE HEADMASTER. WITH INPUT FROM AN OUTSIDE CONSULTANT, NAIS STATISTICS AND THE STUDENT PARENT BODY, A FAIR COMPENSATION IS CALCULATED. THIS INFORMATION IS THEN PRESENTED TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. THIS IS DOCUMENTED IN THE MINUTES AND A WRITTEN DOCUMENT IS GIVEN TO THE BUSINESS MANAGER INDICATING THE APPROVED COMPENSATION. THIS PROCESS LAST OCCURRED ON FEBRUARY 18, 2015. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 20: THE TAX-EXEMPT BOND LIABILITY OF $1,500,000 IS FROM AN ORANGE COUNTY IDA SERIES 2002 BOND, ISSUED BEFORE 12/31/02. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.