2017-07-14T12:12:20-05:00 2016-08-31 141442607 BST & CO CPAS LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2015-09-01 980013401 ST STEPHEN'S SCHOOL STST 2125057409 15 GRAMERCY PARK SO NEW YORK NY 10003 JEFF SCHON CHAIRMAN, BOARD OF TRUSTEES 2125057409 2017-07-12 1 DAWN C DOHERTY P00743270 5184596700 2017-07-12 2015 2021-01-29 14:40:06Z JEFF SCHON 326 WILTON ROAD WESTPORT CT 06880 16121624 0 X WWW.SSSROME.IT X 1962 CT EDUCATIONAL (HIGH SCHOOL) 27 25 18 25 0 0 314907 373818 7703139 9058802 66103 367836 1041399 146101 9125548 9946557 664699 618047 0 0 4517687 4927961 209312 0 290107 3596364 3801320 8988062 9347328 137486 599229 11152578 11997574 6421771 7196795 4730807 4800779 REVENUES PROVIDE FOR THE PRIMARY OBJECTIVES OF THE SCHOOL: ACADEMIC EXCELLENCE, THE FOSTERING A OF SENSE OF FELLOWSHIP AMONG STUDENTS AND FACULTY, AND THE PROMOTION OF STUDENTS AS INDEPENDENT, RESPONSIBLE AND RESPONSIVE CONTRIBUTING MEMBERS OF THE LARGER WORLD COMMUNITY. 0 0 6316986 618047 9204903 A CO-ED HIGH SCHOOL (THE SCHOOL) THAT OPERATES IN ROME, ITALY. THE SCHOOL IS OPEN TO AMERICANS AND STUDENTS FROM OTHER COUNTRIES, AND IS COMPRISED OF A MULTI-RACIAL STUDENT BODY. CURRENTLY, THE SCHOOL HAS 294 STUDENTS ENROLLED, WITH 41 NATIONALITIES REPRESENTED. 6316986 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 18 1 0 1 IT 0 0 0 0 0 0 0 0 0 X 27 25 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X X GRAZIA BORLANDELLI 2125057409 VIA AVENTINA 3 ROME IT 06901 ROHIT THOMAS AGGARWALA SECOND VICE CHAIR 1.00 X X 0 0 0 STEPHEN ALTSCHUL BOARD OF TRUSTEE 1.00 X 0 0 0 CHRISTIAN BASTIAN BOARD OF TRUSTEE 1.00 X 0 0 0 ANNE FISK BERGAN BOARD OF TRUSTEE 1.00 X 0 0 0 CARLOTTA CALABRESI BOARD OF TRUSTEE 1.00 X 0 0 0 CARINA COURTRIGHT BOARD OF TRUSTEE 1.00 X 0 0 0 SANDRA CRAIG BOARD OF TRUSTEE 1.00 X 0 0 0 ERICA M DORNBURG BOARD OF TRUSTEE 1.00 X 0 0 0 MASSIMO ELSER FIRST VICE CHAIR 1.00 X X 0 0 0 FRED H GAGE BOARD OF TRUSTEE 1.00 X 0 0 0 WILLIAM GRUY BOARD OF TRUSTEE 1.00 X 0 0 0 HELEN HANNICK BOARD OF TRUSTEE 1.00 X 0 0 0 DINA KAPLAN BOARD OF TRUSTEE 1.00 X 0 0 0 SARAH ELY KELLY BOARD OF TRUSTEE 1.00 X 0 0 0 GEORGE KLOPFER BOARD OF TRUSTEE 1.00 X 0 0 0 SAMANTHA LOTTI BOARD OF TRUSTEE 1.00 X 0 0 0 ERIC MAYER HEAD OF SCHOOL 60.00 X X 149891 0 0 AGNES MARTIN BOARD OF TRUSTEE 1.00 X 0 0 0 HARRY CHARLES MILLS SCIO BOARD OF TRUSTEE 1.00 X 0 0 0 ELIZABETH MORRIS BOARD OF TRUSTEE 1.00 X 0 0 0 DEBORAH PACKER SECRETARY 1.00 X X 0 0 0 DUNCAN POLLOCK BOARD OF TRUSTEE 1.00 X 0 0 0 RICHARD M ROUTHIER TREASURER 1.00 X X 0 0 0 DAVID SADOFF BOARD OF TRUSTEE 1.00 X 0 0 0 DANIELA SALVIONI BOARD OF TRUSTEE 1.00 X 0 0 0 JEFFREY SCHON CHAIRMAN 1.00 X X 0 0 0 HARVEY STONE BOARD OF TRUSTEE 1.00 X 0 0 0 ROBERT HOLCOMB DIRECTOR OF DEVELOPMENT 40.00 X 150000 0 0 299891 0 0 2 0 0 0 VIVENDA SPA VIA FRANCESCO ANTOLISEI 25 ROMA ITALY IT 00173 CATERING & FOOD SERVICE 479580 1 22533 351285 373818 TUITION AND FEES 611600 8306478 8306478 ELECTIVE COURSES AND TESTING 611600 467074 467074 EDUCATIONAL TRIPS 611600 285250 285250 9058802 111141 111141 6431762 6175067 256695 256695 256695 OTHER INCOME 611710 146101 146101 146101 9946557 9204903 0 367836 618047 618047 199900 79960 119940 4728061 3164253 1403217 160591 109790 10979 98811 56618 5661 45296 5661 24283 24283 95473 44385 45411 5677 698128 453783 209439 34906 305049 244040 45757 15252 GENERAL ADMINISTRATION 612726 367636 183818 61272 STUDENT SERVICES 555438 555438 STUDENT ACTIVITIES 425714 425714 EXTERNAL AFFAIRS 420996 420996 497105 347090 143267 6748 9347328 6316986 2740235 290107 3082147 5797618 180206 118725 512073 755240 7151519 6728724 587988 422795 6790164 4903196 11152578 11997574 642873 542706 3613264 4282507 2165634 2371582 6421771 7196795 X 0 0 0 0 4730807 4800779 4730807 4800779 11152578 11997574 X 599229 -247892 -7889 -273476 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5612765 5390313 222452 1003763 995938 7825 534991 342473 192518 422795 IRONGATE GLOBAL STRATEGY FUNDS 10977 F OTHER INVESTMENTS 4892219 F 4903196 OTHER LIABILITIES 859611 LONG-TERM LIABILITY - TFR 1511971 2371582 X 9247946 -247892 -247892 9495838 450719 450719 9946557 9067328 7889 162830 167328 338047 8729281 618047 618047 9347328 PART X, LINE 2: ST. STEPHEN'S IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE NEW YORK STATE LAW. ST. STEPHEN'S HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. ST. STEPHEN'S FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED ST. STEPHEN'S TAX POSITIONS, INCLUDING THAT ST. STEPHEN'S IS EXEMPT FROM TAXES AND NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AND CONCLUDED THAT ST. STEPHEN'S HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF AUGUST 31, 2016 AND 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS 618,047. REALIZED CAPITAL LOSS -167,328. PART XII, LINE 2D - OTHER ADJUSTMENTS: REALIZED CAPITAL LOSS 167,328. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS 618,047. 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 DOES NOT USE RADIO, TELEVISION, OR NEWSPAPER ADVERTISEMENTS TO SOLICIT FOR PROSPECTIVE STUDENT APPLICANTS. THE RACIALLY NONDISCRIMINATORY POLICY IS DISPLAYED IN THE SCHOOL'S APPLICATION, APPEARS ON THE SCHOOL'S WEBSITE, AND IS PUBLISHED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES ASSISTANCE FROM THE GOVERNMENT FOR SUPPORTING FINANCIAL AID. 0 ROME, ITALY 1 75 PROGRAM SERVICES EDUCATION 9490372 1 75 0 0 1 75 9490372 0 9490372 FINANCIAL AID ASSISTANCE ROME, ITALY 52 618047 REDUCTION OF EDUCATION COSTS FMV 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WHO HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY THE EXTERNAL AUDITOR AND IS SUBMITTED TO THE CHAIRMAN AND CERTAIN MEMBERS OF MANAGEMENT FOR COMMENT/REVIEW AND APPROVAL. THE 990 IS THEN DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WHEN AN ACTUAL, PERCEIVED, OR POTENTIAL CONFLICT IS IDENTIFIED BY ANY PERSON, SUCH PERSON OR BOARD MEMBER MUST FULLY DISCLOSE THE CONFLICT TO THE BOARD CHAIR AND, WHERE APPROPRITATE, TO ALL BOARD OR COMMITTEE/TASKFORCE MEMBERS. THE CHAIR DEVELOPS AN APPROPRIATE RESPONSE, INCLUDING, WHERE NECESSARY, DISQUALIFICATION FROM VOTING AND DISCUSSION, AND ANY REMEDIAL ACTION. THE BOARD, COMMITTEE, OR TASKFORCE MUST AGREE IN MAJORITY ON THE OPTION OR COMBINATION OF OPTIONS TO BE TAKEN IN ANY GIVEN CONFLICT OF INTEREST SITUATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY MANUAL IS AVAILABLE VIA DIGITAL OR HARD COPY UPON REQUEST. FORM 990, PART XI, LINE 9: CURRENCY EXCHANGE RATE -162,830. REDUCTION IN PERMANENTLY RESTRICTED NET ASSETS -110,646.