2016-02-15T00:00:00-06:00 2015-06-30 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2014-07-01 141338579 THE ALBANY ACADEMIES INC ALBA 5184292460 140 ACADEMY ROAD ALBANY NY 12208 ERIC LEWIS TREASURER 5184292460 2016-02-12 1 CAROL A HAUSAMANN CPA P00339780 5187850134 2014 2016-08-17 19:52:53Z DR DOUGLAS NORTH 140 ACADEMY ROAD ALBANY NY 12208 21518883 0 X WWW.ALBANYACADEMIES.ORG X 1813 NY 1. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD CO-EDUCATION PROGRAM FOR CHILDREN THREE AND FOUR YEARS OF AGE.2. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD EDUCATION PROGRAM FOR GIRLS FOUR AND FIVE YEARS OF AGE, A KINDERGARTEN FOR FIVE-YEAR OLD GIRLS, A GRADE ONE THROUGH FOUR PRIMARY SCHOOL FOR GIRLS AND A GRADE FIVE THROUGH 8 MIDDLE SCHOOL FOR GIRLS AND, WHEN DEEMED FITTING, CO-EDUCATIONAL COURSES AND PROGRAMS.3. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD EDUCATION PROGRAM FOR BOYS FOUR AND FIVE YEARS OF AGE, A KINDERGARTEN FOR FIVE-YEAR OLD BOYS, A GRADE ONE THROUGH FOUR PRIMARY SCHOOL FOR BOYS AND A GRADE FIVE THROUGH 8 MIDDLE SCHOOL FOR BOYS AND, WHEN DEEMED FITTING, CO-EDUCATIONAL COURSES AND PROGRAMS.4. TO OPERATE AND MAINTAIN A GRADE NINE THROUGH TWELVE SECONDARY SCHOOL WITH BOTH SINGLE-GENDER AND CO-EDUCATIONAL PROGRAMS. 20 20 294 250 641707 -29157 2961503 2440627 15894899 16255759 1489600 360247 165923 158867 20511925 19215500 3491673 3606564 0 0 9478578 9878621 0 0 505843 4639690 4866893 17609941 18352078 2901984 863422 47950929 49447355 11789632 12161991 36161297 37285364 X THE ALBANY ACADAMIES IS A PRESCHOOL-GRADE 12 INDEPENDENT COLLEGE-PREPATORY SINGLE-GENDER SCHOOL COMMITTED TO DEVELOPING THE POTENTIAL OF THE WHOLE INDIVIDUAL BY BUILDING A COMMUNITY THAT FOSTERS SCHOLARSHIP, LEADERSHIP, CHARACTER, SERVICE AND CREATIVITY. OUR CORE VALUES INCLUDE RESPONSIBILITY, SELF-DISCIPLINE, COMPASSION, INGENUITY, RESPECT, SERVICE, INTEGRITY AND PERSERVERANCE. 0 0 14779261 3606564 15614052 TO OPERATE A SCHOOL, PREKINDERGARTEN THROUGH GRADE 12. APPROXIMATELY 825 SERVED. 14779261 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 294 1 1 1 0 0 0 1 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 0 1 0 0 NY X X SUSAN PAUSLEY 5184292460 140 ACADEMY ROAD ALBANY NY 12208 X M CHRISTIAN BENDER TRUSTEE 1.00 X 0 0 0 DARLENE BILINSKI TRUSTEE 1.00 X 0 0 0 PETER CAMPITO PE TRUSTEE 1.00 X 0 0 0 LESLIE MORGAN MARVIN TRUSTEE 1.00 X 0 0 0 GEORGE C MCNAMEE TRUSTEE 1.00 X 0 0 0 BRAD ROSENSTEIN TRUSTEE 1.00 X 0 0 0 CORNELIUS MURRAY TRUSTEE 1.00 X 0 0 0 JOHN C HAYES TRUSTEE 1.00 X 0 0 0 ROBERT J MCCORMICK TRUSTEE 1.00 X 0 0 0 DR HYACINTH MASON PHD TRUSTEE 1.00 X 0 0 0 CAROL SWYER TRUSTEE 1.00 X 0 0 0 JAMES HENS TRUSTEE 1.00 X 0 0 0 NANCY CAREY CASSIDY TRUSTEE 1.00 X 0 0 0 EILEEN M CONSIDINE TRUSTEE 1.00 X 0 0 0 WILLIAM J BELLEVILLE JR TRUSTEE 1.00 X 0 0 0 STEWART C MYERS TRUSTEE 1.00 X 0 0 0 MONICA KASSELMAN-OBERTING TRUSTEE 1.00 X 0 0 0 JAMES A SIDFORD SECRETARY 1.00 X 0 0 0 ERIC LEWIS PHD TREASURER 1.00 X 0 0 0 E STEWART JONES JR PRESIDENT 1.00 X 0 0 0 DOUGLAS NORTH HEAD OF SCHOOL 40.00 X 160955 0 114104 PAMELA MACAFFER FINANCE DIRECTOR 40.00 X 104260 0 18110 MICHAEL SCOTT MILLIKEN HEAD OF UPPER SCHOOL 40.00 X 109509 0 11829 ANN WENDTH DIRECTOR OF INSTITUTIONAL A 40.00 X 125550 0 6250 500274 0 150293 4 0 1 0 SANO-RUBIN CONSTRUCTION SERVICES LLC PO BOX 9078 ALBANY NY 12209 CONSTRUCTION 1033725 COMPASS GROUP USA PO BOX 417632 BOSTON MA 02241 STUDENT FOOD SERVICE 704980 FOLMSBEE'S TRANSPORTATION 1 INDUSTRY DRIVE WATERFORD NY 12188 TRANSPORTATION SERVICES 342975 JANITRONICS BUILDING SERVICES 1988 CENTRAL AVE ALBANY NY 12212 BUILDING CLEANING SERVICES 277097 BCI CONSTRUCTION SERVICES 20 LOUDONVILLE RD ALBANY NY 12204 CONSTRUCTION 117670 5 2440627 7300 2440627 TUITION 900099 15311218 15311218 AUXILIARY INCOME 900099 697508 55801 641707 OTHER SOURCE INCOME 900099 247033 247033 16255759 370453 370453 2262149 2272355 -10206 -10206 -10206 189895 31028 158867 158867 19215500 15614052 641707 519114 3606564 3606564 656775 114458 411067 131250 7603451 6150210 1282703 170538 260626 215938 39958 4730 763485 583450 150862 29173 594284 447389 124685 22210 58190 58190 108710 6751 13938 88021 49899 49899 413023 413023 8079 8079 12171 12171 267852 267852 816218 644812 171406 181300 181300 CONTRACTED CAFETERIA SE 616857 616857 GROUNDS, CONTRACT SEVIC 394596 394596 SUPPLIES 336316 299895 36421 ATHLETICS 232085 232085 1371597 591910 756187 23500 18352078 14779261 3066974 505843 3822943 4571165 3254304 2833534 249579 149884 31826098 19707150 10894435 12118948 21003735 21119229 8725933 8654595 47950929 49447355 1861253 2605731 1481720 1423242 7607524 7385417 839135 747601 11789632 12161991 X 6044051 7497100 12540213 12157619 17577033 17630645 36161297 37285364 47950929 49447355 X 863422 321482 -60837 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 24474903 94862 575126 766094 24378797 21989398 522785 2688492 725772 24474903 20521503 504394 1663095 699594 21989398 21336627 250450 -399420 666154 20521503 18223221 125555 3635835 647984 21336627 0.11660 0.72320 0.16020 1 0 24464206 13933256 10530950 6115329 5773894 341435 1246563 1246563 12118948 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 1913803 BENEFICIAL INTEREST IN PERPETUAL TRUST 6664420 OTHER ASSETS 76372 8654595 LIABILITY UNDER THE POOLED INCOME FUND 251179 POST RETIREMENT BENEFITS 496422 747601 X 15842419 321482 -29809 291673 15550746 3664754 3664754 19215500 14718352 31028 31028 14687324 3664754 3664754 18352078 PART X, LINE 2: THE ACADEMIES IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE NEW YORK STATE LAW. THE ACADEMIES HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740 THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE THEIR TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE THE ACADEMIES TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE ACADEMIES MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED AGAINST SPECIAL EVENT INCOME 31,028. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -46,516. CHANGE IN VALUE OF PERPETUAL TRUST -41,250. CHANGE IN VALUE OF POOLED INCOME TRUST 26,929. PART XI, LINE 4B - OTHER ADJUSTMENTS: ADVISORY FEES 58,190. FINANCIAL AID 3,606,564. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED AGAINST SPECIAL EVENT INCOME 31,028. PART XII, LINE 4B - OTHER ADJUSTMENTS: ADVISORY FEES 58,190. FINANCIAL AID 3,606,564. 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 NON-DISCRIMINATORY POLICY IS NOTED ON ALL NEWSPAPER ADVERTISEMENTS AND ADMISSIONS BROCHURES. SPRING GATHERING 185845 185845 350 3535 25110 210 1823 LEGACY OF DREAMS-SPORTS FUNDRAISER 4050 4050 189895 189895 350 3535 25110 210 1823 31028 158867 NY 1 0 0 0 0 0 1 SCHOLARSHIPS PART I, LINE 2: THE ALBANY ACADEMIES ARE COMMITTED TO MAINTAINING A STRONG, DIVERSE STUDENT BODY IN A LEARNING ENVIRONMENT RICH WITH CULTURAL, RELIGIOUS, ETHNIC AND ECONOMIC DIVERSITY. WE ACCEPT STUDENTS ON THE BASIS OF THEIR ABILITY TO CONTRIBUTE TO AND BENEFIT FROM OUR EDUCATIONAL COMMUNITY. WITH THIS IN MIND, WE HAVE DEVELOPED A VARIETY OF FINANCING OPTIONS TO HELP MAKE AN ACADEMIES EDUCATION AFFORDABLE. OUR FINANCIAL AID PROGRAM EXISTS TO ATTRACT AND ASSIST A DIVERSE AND QUALIFIED STUDENT POPULATION, INCLUDING STUDENTS WHO MIGHT NOT OTHERWISE PURSUE AN INDEPENDENT SCHOOL EDUCATION. CANDIDATES ARE ADMITTED TO THE ALBANY ACADEMIES BASED ON ESTABLISHED ADMISSIONS CRITERIA, REGARDLESS OF FAMILY FINANCIAL CIRCUMSTANCES. THE CONFIDENTIAL FINANCIAL AID PROCESS IS COMPLETELY SEPARATE AND IN NO WAY INFLUENCES ADMISSION DECISIONS. APPROXIMATELY FORTY PERCENT OF THE STUDENT BODY RECEIVES FINANCIAL ASSISTANCE. X X X X 1 1 X X 0 0 0 0 0 0 0 0 0 DOUGLAS NORTH HEAD OF SCHOOL 160955 0 0 0 0 0 108600 0 5504 0 275059 0 61200 0 CAMPITO HEATING AND PLUMBING PETER CAMPITO, MEMBER ON BOARD - OWNER OF CAMPITO HEATING AND PLUMBING 2466 CONTRACTED FOR HEATING AND PLUMBING SERVICES. 0 BRAD ROSENSTEIN BRAD ROSENSTEIN, BOARD MEMBER OWNS JACK'S OYSTER HOUSE 1800 ORGANIZATION EVENT 0 JAMES SIDFORD JAMES SIDFORD, BOARD MEMBER IS A PRINCIPAL WITH AUSTIN & COMPANY 266719 AUSTIN & COMPANY IS THE INSURANCE BROKER USED BY THE ACADEMIES 0 X 13 352444 FMV-NYSE X SOLAR PANEL ARRAY FOR AUCTION 1 10412 COST X WRESTLING MAT 1 7300 COST X PRINTED MATERIALS FOR SPRING AUCTION 1 5000 COST X PLUMBING FIXTURES FOR AAG SCIENCE WING 1 3653 COST X PLUMBING FIXTURES FOR KITCHEN/ DINING CENTER 1 2896 COST X TRAVEL FOR WRESTLING TEAM 1 1074 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS MADE AVAILABLE TO THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICIES TO DETERMINE IF ANY RELATIONSHIPS SHOULD BE OF CONCERN TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL USES COMPENSATION SURVEYS THAT ARE APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE BY REQUEST AND FORM 990 IS ALSO AVAILABLE THROUGH GUIDESTAR. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS -46,516. CHANGE IN VALUE OF PERPETUAL TRUST -41,250. CHANGE IN VALUE OF POOLED INCOME FUND 26,929. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT REVIEWS THE AUDITED FINANCIAL STATEMENTS AS WELL AS APPROVES THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.