2016-11-11T15:22:32-06:00 2016-06-30 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2015-07-01 540914765 THE STEWARD SCHOOL CORPORATION STEW 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 LISA S DWELLE ASSOCIATE HEAD OF SCHOOL 8047403394 2016-11-09 1 Kellianne F Benson P01345659 7043771678 2015 2017-02-10 21:41:12Z LISA S DWELLE 11600 GAYTON ROAD RICHMOND VA 23238 15668453 0 X WWW.STEWARDSCHOOL.ORG X 1972 VA The Steward School offers a college preparatory curriculum for students in grades JK - 12. Our mission is to prepare students for college and life in a community defined by robust academics, inspiration, engagement, and care. 24 23 319 400 0 0 833471 902037 13964695 14104623 133923 57460 439925 495717 15372014 15559837 1814080 2190490 0 0 8999452 9214909 0 0 367803 5606047 5750410 16419579 17155809 -1047565 -1595972 30255226 28880134 10079949 10415430 20175277 18464704 X OUR MISSION IS TO PREPARE STUDENTS FOR COLLEGE AND LIFE IN A COMMUNITY DEFINED BY ROBUST ACADEMICS, INSPIRATION, ENGAGEMENT, AND CARE. WE BELIEVE A DIVERSITY OF TALENTS, ABILITIES, AND CULTURES AMONG OUR STUDENT BODY OFFERS A RICH AND WELL-ROUNDED EDUCATIONAL EXPERIENCE. WE VALUE OUR SENSE OF COMMUNITY, MADE POSSIBLE BY OUR COMMITMENT TO A RELATIVELY SMALL POPULATION. 0 0 13057711 2190490 14104623 PROVIDES FORMAL INSTRUCTION FOR GRADES JK THROUGH 12 AND MAINTAINS A REGULAR FACULTY & CURRICULUM. ENROLLMENT IS APPROXIMATELY 597. 458264 169891 The Steward School provides auxiliary programs to benefit our school community. These programs include after school care, enrichment series, and instructional support. 125363 149217 The Steward School provides summer programming for the greater Richmond area for children in rising grades K-9 through our Summer Experience program. 13641338 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 47 0 319 1 0 0 0 0 0 1 1 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X MS LISA DWELLE 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 Molly Anderson Director/ Substitute Teacher 1.00 0.00 X 11545 0 0 LouEllen Blackwelder Director 1.00 0.00 X 0 0 0 Tisa Brooks Director 1.00 0.00 X 0 0 0 Timothy S Burress Director 1.00 0.00 X 0 0 0 Marion S Chenault Director 1.00 0.00 X 0 0 0 Matthew J Ernst Director 1.00 0.00 X 0 0 0 Melanie M Goodpasture Director 1.00 0.00 X 0 0 0 Deborah B Hanger Director 1.00 0.00 X 0 0 0 Maria Brent Jones Director 1.00 0.00 X 0 0 0 Conchy Martinez Director 1.00 0.00 X 0 0 0 Walter J O'Brien Jr Director 1.00 0.00 X 0 0 0 J Kim Penberthy Director 1.00 0.00 X 0 0 0 R Jay Poling Director 1.00 0.00 X 0 0 0 Brian Redmond Director 1.00 0.00 X 0 0 0 Susan B Scott Director 1.00 0.00 X 0 0 0 Donald E Steeber Director 1.00 0.00 X 0 0 0 Brian Tharp Director 1.00 0.00 X 0 0 0 Ann-Marie Trepp Director 1.00 0.00 X 0 0 0 J Neil Turnage Director 1.00 0.00 X 0 0 0 Susan C Twining Director 1.00 0.00 X 0 0 0 Larry W French Chairman 4.00 0.00 X X 0 0 0 Faisal S Qureshi Vice Chair 2.00 0.00 X X 0 0 0 Tanya M Cummings Secretary 2.00 0.00 X X 0 0 0 Lawrence S Eiben Treasurer 2.00 0.00 X X 0 0 0 G Daniel Frank Head of School/President 40.00 0.00 X 214584 0 16696 Lisa S Dwelle Associate Head of School, Finance and Operations 40.00 5.00 X 116571 0 11306 342700 0 28002 2 0 1 0 Circle S Studio LLC 201 West 7th Street Richmond VA 23224 Marketing, Advertising, Media Placement 134093 1 511460 390577 11043 902037 STUDENT TUITIONS 611600 12938638 12938638 STUDENT FEES 611600 1165985 1165985 14104623 57460 57460 73942 0 73942 73942 73942 211283 108616 102667 102667 SUMMER SKILLS PROGRAM 611710 149217 149217 SCHOOL STORE 611710 63256 63256 OTHER 611710 62505 62505 44130 44130 319108 15559837 14423731 0 234069 2190490 2190490 227500 200000 27500 7462282 5710338 1574277 177667 301546 230751 63616 7179 648028 495888 136711 15429 575553 440429 121421 13703 34225 34225 48866 48866 250001 62500 125001 62500 127179 4826 122353 128798 64399 64399 1030185 909761 120424 9840 9840 166029 134874 31155 273384 241427 31957 1962371 1732979 229392 STUDENT SUPPORT SERVICE 695219 695219 INSTRUCTIONAL EXPENSE 350319 350319 STUDENT ACTIVITIES 181449 181449 EQUIP RENTAL & MAINTENA 94331 56599 37732 398214 139090 195299 63825 17155809 13641338 3146668 367803 1967174 1964123 20525 12537 85331 209582 59520 58634 147927 350788 49169047 25259706 25451104 23909341 1532009 1397030 991636 978099 30255226 28880134 928076 1071545 1741428 2043126 6805000 6705000 605445 595759 10079949 10415430 X 20151732 18430041 23545 34663 20175277 18464704 30255226 28880134 -1595972 -114601 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 181041 181041 38059026 16674362 21384664 7112507 5294940 1817567 3816473 3290404 526069 23909341 FUNDS HELD FOR OTHERS 118309 INTEREST RATE SWAP 371651 CAPITAL LEASE OBLIGATION 105799 595759 X Part X, Line 2: The Steward School and The Steward School Foundation are exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Management has evaluated the effect of guidance provided by United States of America generally accepted accounting principles on Accounting for Uncertainty in Income Taxes. Management believes that the School and Foundation continue to satisfy the requirements of a tax-exempt organization at June 30, 2016. Management as evaluated all other tax positions that could have a significant effect on the financial statements and determined the School and Foundation have no uncertain income tax positions at June 30, 2016. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The school's racially non-discriminatory policy towards students is annually published through a printed statement of the school's administration policy in the local newspaper and magazines. Gala 123477 123477 60663 GOLF CLASSIC 54373 54373 16657 4 33433 33433 31296 211283 211283 108616 108616 102667 1 FINANCIAL AID 145 1428840 N/A TUITION REMISSION 53 739870 N/A Part I, Line 2: PARENTS ARE REQUIRED TO COMPLETE A FINANCIAL AID APPLICATION AND SUBMIT SUPPORTING TAX DOCUMENTS IN ORDER TO RECEIVE FINANCIAL AID. THE FINANCIAL AID COMMITTEE REVIEWS ALL APPLICATIONS AND SUPPORTING DOCUMENTS. THE AMOUNT OF THE FINANCIAL AID IS APPLIED DIRECTLY TO A STUDENT'S BILLING ACCOUNT. THE STEWARD SCHOOL PROVIDES TUITION REMISSION FOR FULL-TIME FACULTY AND STAFF SUBJECT TO THE FOLLOWING POLICY: - IF THEIR HIRE DATE IS PRIOR TO JUNE 1, 2002, THE THEY ARE ELIGIBILE FOR FULL REMISSION FOR ALL CHILDREN; - IF THEIR HIRE DATE IS JUNE 1, 2002 - FEBRUARY 29, 2008, THEN THEY ARE ELIGIBLE FOR FULL REMISSION FOR FIRST CHILD, 50% REMISSION FOR SUBSEQUENT CHILDREN; - AND IF THEY WERE HIRED AFTER AFTER FEBRUARY 29, 2008, THEN THEY ARE ELIGIBLE FOR 50% REMISSION FOR ALL CHILDREN. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 G Daniel Frank Head of School/President 203253 0 0 0 11331 0 10500 0 6196 0 231280 0 0 0 Part I, Line 1a THESE BENEFITS ARE ONLY APPLICABLE TO THE HEADMASTER. THE HEADMASTER'S SPOUSE TRAVELED WITH HIM ON CERTAIN OCCASIONS, AND THE TRAVEL SERVED A BONA FIDE BUSINESS PURPOSE. IN ADDITION, THE DISCRETIONARY SPENDING ACCOUNT IS ONLY FOR UNBUDGETED SCHOOL ITEMS AND NOT FOR PERSONAL USE. A ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VA 541197472 2010-11-01 7255000 REFINANCE 0 0 0 A 7255000 138012 2010 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 1 BB&T 10.000000000000 0 0 0 0 0 A 1 79130 REMISSION (BASED ON SAME CRITERIA AS OTHER EMPLOYEES) Tuition assistance Form 990, Part VI, Section B, line 11 A COPY OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. Form 990, Part VI, Section B, line 12c THE SCHOOL MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS BY ALL TRUSTEES. IF A MATTER ARISES DURING THE YEAR THAT INVOLVES A POTENTIAL CONFLICT OF INTEREST FOR A TRUSTEE, THE TRUSTEE SHALL RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE. Form 990, Part VI, Section B, line 15 THE HEADMASTER'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE WHICH INCLUDES THE CHAIR, VICE CHAIR OF THE BOARD AND THE FINANCE COMMITTEE CHAIR. THE COMMITTEE REVIEWS COMPARATIVE DATA FROM A COMPENSATION SURVEY OR STUDY IN SETTING HIS COMPENSATION. HIS COMPENSATION IS APPROVED BY THE COMPENSATION COMMITTEE PRIOR TO BEING SET. Compensation is reviewed annually for all officers and key employees. The Personnel Committee recommends a general annual increase for all employees. Specific amounts are determined by the Headmaster based on the annual increase and the employee's performance. Form 990, Part VI, Section C, line 19 The School's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. THE STEWARD SCHOOL FOUNDATION 11600 GAYTON ROAD RICHMOND VA 23238 510251819 FOUNDATION/ SUPPORTING ORGANIZATION VA 501(c)(3) Line 11a, I STEWARD SCHOOL CORPORATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 THE STEWARD SCHOOL FOUNDATION C 511460 ACTUAL AMOUNT PAID the STEWARD SCHOOL FOUNDATION O 187263 aCTUAL AMOUNT PAID the STEWARD SCHOOL FOUNDATION R 918293 aCTUAL AMOUNT PAID