2017-04-04T20:07:51-05:00 2016-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2015-07-01 560729351 THE RALEIGH SCHOOL INC % HEATHER CAMPBELL RALE 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 ROBERT LICHTENSTEIN HEAD OF SCHOOL 9195460788 2017-04-04 true Ronald A Batchelor P00077863 9197878212 2015 2021-01-29 14:40:06Z ROBERT LICHTENSTEIN 1141 RALEIGH SCHOOL DR RALEIGH NC 27607 7709565 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. 19 19 67 600 0 223008 266164 3894263 4105702 146643 -90713 44663 35560 4308577 4316713 83645 73966 0 0 2743923 2785550 0 0 133704 1219731 1436568 4047299 4296084 261278 20629 11269077 11217114 5273642 5268712 5995435 5948402 THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. false false 2725882 73966 3829877 PROVIDED PRESCHOOL CLASSES FOR 145 CHILDREN UNDER THE AGE OF FIVE AND PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 263 CHILDREN. 171355 275825 PROVIDED AFTER SCHOOL CARE FOR 81 CHILDREN FROM 4S TO FIFTH GRADE. OFFERED 31 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. 2897237 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 17 0 true 67 true false false false false false true true false false false false X 19 19 false false false false true true false true true false false true true true true true true true true false X X HEATHER CAMPBELL 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 MANAL EI-RAMLY BOARD CHAIR 2.0 0.0 X 0 0 0 LISA PATEL 1ST VICE CHAIR 2.0 0.0 X 0 0 0 MISSY WARREN 2ND VICE CHAIR 2.0 0.0 X 0 0 0 ERIKA CANADY SECRETARY 1.0 0.0 X 0 0 0 MATT CLEAVER TREASURER 1.0 0.0 X 0 0 0 DAVID WOODARD PAST CHAIR 1.0 0.0 X 0 0 0 ALLAN ACTON BOARD MEMBER 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 BYINNA CROWDER BOARD MEMBER 1.0 0.0 X 0 0 0 NICKY DUNLAP 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 MICHAEL JOHNSON BOARD MEMBER 1.0 0.0 X 0 0 0 ALEXA MCCARRON BOARD MEMBER 1.0 0.0 X 0 0 0 SONIA MURPHY BOARD MEMBER 1.0 0.0 X 0 0 0 SHARAT NAGARAJ BOARD MEMBER 1.0 0.0 X 0 0 0 ANDREA STAFFHORST 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 142013 0 24425 ELIZABETH GILLELAND DIRECTOR, PRESCHOOL 40.0 0.0 X 78091 0 17175 MARY GOLDEN DIRECTOR, ELEMENTARY 40.0 0.0 X 72159 0 17013 HEATHER CAMPBELL DIRECTOR, FINANCE & OPERATIONS 40.0 0.0 X 72385 0 19596 364648 0 78209 1 false true false 0 53498 212666 266164 TUITION 900099 3616973 3616973 REGISTRATION & FEES 611710 247601 247601 SUMMER CAMP 900099 74063 74063 AFTER SCHOOL CARE 900099 167065 167065 4105702 120020 120020 0 0 0 0 0 3078913 0 3289302 344 -210389 -344 -210733 -210733 136363 53498 103206 33157 33157 0 0 MISC. REVENUE 900099 2403 2403 2403 4316713 3938637 111912 0 73966 73966 0 0 451488 213205 212990 25293 0 1757278 1479448 207312 70518 167747 140167 20741 6839 252061 224000 27423 638 156976 122191 28114 6671 0 0 27589 27589 0 0 11631 11631 2936 -25 1390 1571 0 48824 13183 28806 6835 82789 32871 49918 0 338371 304534 30453 3384 0 0 0 96127 96127 0 416141 416141 47143 47143 AUXILIARY 171355 171355 ADMISSION EXPENSES 39820 39820 TEACHER EDUCATION 30041 30041 TEACHER DISCRETIONARY SUPPLIES 20330 20330 103471 71971 19545 11955 4296084 2897237 1265143 133704 0 0 4185305 4620850 5045 13311 17265 21894 0 0 0 0 0 0 0 0 63366 44173 8085190 4161773 4223970 3923417 2689411 2514805 0 0 0 0 0 0 84715 78664 11269077 11217114 325423 284620 0 0 2337219 2297850 2611000 2467000 0 0 0 0 0 0 0 0 0 219242 5273642 5268712 X 5886526 5820903 22926 39641 85983 87858 5995435 5948402 11269077 11217114 X 20629 52343 -120005 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 481987 525 -9749 472763 478457 2375 1155 481987 338404 51500 88553 478457 305916 200 32288 338404 306213 468 -765 305916 0.76990 0.18580 0.04430 false false 544560 544560 6634820 3530180 3104640 581708 431380 150328 324102 200213 123889 3923417 0 INTEREST RATE SWAP CONTRACT LIABILITY 219242 219242 4283803 52343 -73966 -21623 4305426 11631 -344 11287 4316713 4210831 344 344 4210487 11631 73966 85597 4296084 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: $(73,966) FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE: $(344) LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FORM 990 STATEMENT OF REVENUE SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES: $344 LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FORM 990 STATEMENT OF REVENUE SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES: $73,966 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 IN AREA-WIDE PUBLICATIONS WHEN SOLICITATION FOR ENROLLMENT IS MADE. SILENT AUCTION 71511 53498 18013 16899 LUNCH 62129 62129 55465 4 55337 55337 28509 188977 53498 135479 55465 45408 100873 34606 true FINANCIAL AID 22 73966 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 X X X X false false false false false false false false false ROBERT LICHTENSTEIN HEAD OF SCHOOL 142013 0 0 0 0 0 12796 0 12703 0 167512 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 283000 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 -$120,005.