2016-02-03T17:04:48-06:00 2015-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2014-07-01 560729351 THE RALEIGH SCHOOL INC % HEATHER CAMPBELL RALE 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 ROBERT LICHTENSTEIN HEAD OF SCHOOL 9195460788 2016-01-26 true Ronald A Batchelor P00077863 9197878212 2014 2016-04-25 22:37:26Z BUD LICHTENSTEIN 1141 RALEIGH SCHOOL DR RALEIGH NC 27607 5671226 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. 17 17 66 600 0 280651 223008 3770804 3894263 109033 146643 35850 44663 4196338 4308577 91070 83645 0 0 2612902 2743923 0 0 13564 1404172 1219731 4108144 4047299 88194 261278 11272984 11269077 5380130 5273642 5892854 5995435 THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. false false 2093587 73918 2909933 PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 262 CHILDREN. 614224 9727 821012 PROVIDED PRESCHOOL CLASSES FOR 130 CHILDREN UNDER THE AGE OF FIVE. 2707811 true true false false false false false false false true true false false false false false true false true false false false false false true false false false true true true false false false false false false true false false false false false false false false false false false false true 22 0 true 66 true false false false false false true true false false false false X 17 17 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 DAVID WOODARD BOARD CHAIR 2.0 0.0 X 0 0 0 CHASE HADDIX 1ST VICE CHAIR 2.0 0.0 X 0 0 0 LISA PATEL 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 ALLAN ACTON 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 MANAL EL-RAMLY BOARD MEMBER 1.0 0.0 X 0 0 0 MARK FRIEDMAN BOARD MEMBER 1.0 0.0 X 0 0 0 MIKE HANAS BOARD MEMBER 1.0 0.0 X 0 0 0 DAVID LINDSAY 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 MAUREEN SAWCHAK BOARD MEMBER 1.0 0.0 X 0 0 0 MISSY WARREN 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 139261 0 23085 ELIZABETH GILLELAND DIRECTOR, PRESCHOOL 40.0 0.0 X 75338 0 17350 MARY GOLDEN DIRECTOR, ELEMENTARY 40.0 0.0 X 71148 0 15682 HEATHER CAMPBELL DIRECTOR, FINANCE & OPERATIONS 35.0 0.0 X 70943 0 18950 356690 0 75067 1 false true false 0 40712 182296 250 223008 TUITION 900099 3469420 3469420 REGISTRATION & FEES 611710 204740 204740 SUMMER CAMP 900099 56785 56785 AFTER SCHOOL CARE 900099 163318 163318 3894263 137147 137147 0 0 0 0 0 1264846 0 1254162 1188 10684 -1188 9496 9496 144053 40712 107299 36754 36754 0 0 MISC. REVENUE 900099 7909 7909 7909 4308577 3730945 354624 0 83645 83645 0 0 446892 446892 0 1760859 1531063 229796 138559 117419 21140 238029 184555 53474 159584 108874 50710 0 0 26494 26494 0 0 48037 23728 24309 26117 7224 18893 2151 2151 165721 91105 74616 27918 19121 8797 0 212424 144924 67500 0 0 0 100233 100233 0 417471 284813 132658 41663 28424 13239 ADMISSION EXPENSES 45570 45570 TEACHER EDUCATION 22776 22776 SUMMER CAMP 12461 12461 EVERYDAY MATHEMATICS & PHONICS 10099 10099 60596 37580 9452 13564 4047299 2707811 1325924 13564 0 0 3412048 4185305 11017 5045 11023 17265 0 0 0 0 0 0 0 0 27313 63366 8022570 3798600 4571135 4223970 3134398 2689411 0 0 0 0 0 0 106050 84715 11272984 11269077 314001 325423 0 0 2300845 2337219 2750000 2611000 0 0 0 0 0 0 0 0 15284 0 5380130 5273642 X 5779688 5886526 29558 22926 83608 85983 5892854 5995435 11272984 11269077 X 261278 -127906 -30791 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 478457 2375 1155 481987 338404 51500 88553 478457 305916 200 32288 338404 306213 468 -765 305916 228921 32790 44502 306213 0.77404 0.17839 0.04757 false false 811855 811855 6602628 3242522 3360106 583755 555389 28366 24322 689 23643 4223970 4106436 -127906 -91715 -219621 4326057 -17480 -17480 4308577 3973064 17480 17480 3955584 91715 91715 4047299 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: $(83,645) FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $(8,070) OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $(91,715). SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE: $(1,188) LOSS ON DISPOSAL OF FIXED ASSETS + $(16,292) FUNDRAISING DIRECT EXPENSES INCLUDED IN FORM 990 STATEMENT OF REVENUE = $(17,480). SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES: $1,188 LOSS ON DISPOSAL OF FIXED ASSETS + $16,292 FUNDRAISING DIRECT EXPENSES INCLUDED IN FORM 990 STATEMENT OF REVENUE = $17,480. SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES: $83,645 FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $8,070 OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $91,715. 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. LUNCH 60784 60784 54945 SILENT AUCTION 46665 40712 5953 8765 4 76924 76924 43315 184373 40712 143661 54945 52080 107025 36636 true FINANCIAL AID 25 83645 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 139261 0 0 0 0 0 12541 0 11162 0 162964 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 0 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 - 8070 TUITION DISCOUNT EMPLOYEE BENEFIT 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 DURING QUARTERLY BOARD MEETINGS. FORM 990, PART XI, LINE 9 RECONCILIATION OF CHANGE IN NET ASSETS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -$30,791.