2016-05-11T10:22:48-05:00 2015-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2014-07-01 131740484 RYE COUNTRY DAY SCHOOL RYEC 9149671417 POST ROAD CEDAR STREET RYE NY 10580 LEE FLANAGAN PRESIDENT 9149671417 2016-05-09 1 AARON SHAPIRO P01333816 2128674000 2014 2016-08-17 19:52:53Z LEE FLANAGAN POST ROAD CEDAR STREET RYE NY 10580 57730590 0 X WWW.RYECOUNTRYDAY.ORG X 1922 NY THE SCHOOL OPERATES A COEDUCATIONAL COLLEGE PREPARATORY INDEPENDENT SCHOOL DEDICATED TO PROVIDING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE TWELVE WITH A CHALLENGING PROGRAM USING TRADITIONAL AND INNOVATIVE APPROACHES. 25 25 325 110 809 34427 4290071 22726991 32363806 33641125 1377340 702066 266940 -18898 38298157 57051284 4345207 4771989 0 0 22334899 24436330 10085 26634 920356 9902128 10026059 36592319 39261012 1705838 17790272 113366162 130899538 15457417 16510697 97908745 114388841 X RYE COUNTRY DAY SCHOOL (THE SCHOOL) IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL OPERATES A COEDUCATIONAL COLLEGE PREPARATORY INDEPENDENT SCHOOL DEDICATED TO PROVIDING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE TWELVE WITH A CHALLENGING PROGRAM USING TRADITIONAL AND INNOVATIVE APPROACHES. THE SCHOOL HAS AN ENROLLMENT OF 893 STUDENTS. THE SCHOOL'S PRIMARY FUNDING IS THROUGH TUITION REVENUE, FEES AND CONTRIBUTIONS. 0 0 33552454 4771989 33641125 RYE COUNTRY DAY SCHOOL IS A HIGHLY COMPETITIVE COLLEGE PREPARATORY SCHOOL WHERE STUDENTS CONTINUE TO ACHIEVE OUTSTANDING RESULTS ON ADVANCED PLACEMENT EXAMS, AS WELL AS THE SAT'S AND ACTS. THE ACADEMIC EXCELLENCE, IN TURN SUPPORTS A VERY SUCCESSFUL MATRICULATION RATE AT MANY OF THE NATIONS TOP COLLEGES AND UNIVERSITIES. RYE COUNTRY DAY SCHOOL HAS CONTINUED TO ENJOY A HEALTHY FINANCIAL POSITION AS A RESULT OF STRONG ADMISSIONS DEMAND, FULL ENROLLMENT, PRUDENT FINANCIAL MANAGEMENT AND GENEROUS FUNDRAISING SUPPORT. THE HEALTHY FINANCIAL POSITION HAS ENABLED THE SCHOOL TO MAINTAIN ITS EXTENSIVE NEED-BASED FINANCIAL AID PROGRAM THAT PROVIDES $4,771,989 TO 141 STUDENTS THROUGHOUT THE SCHOOL. THE SCHOOL HAS DEVELOPED A COMPREHENSIVE SCHOOL-WIDE DIVERSITY PLAN THAT IDENTIFIES INITIATIVES RELATED TO STUDENTS RECRUITMENT AND SUPPORT, PARENTS SUPPORT, SCHOOL LEADERSHIP, CURRICULUM FACULTY RECRUITMENT AND SUPPORT, PROFESSIONAL DEVELOPMENT AND COMMUNITY BUILDING THERE CONTINUES TO BE A SIGNIFICANT PROGRESS IN EACH AREA AS THE SCHOOL COMPLETES THE SIXTH YEAR OF THE DIVERSITY PLAN. 33552454 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 63 0 325 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X ROBERT Z BRODY 9149254518 POST ROAD AND CEDAR STREET RYE NY 10580 LEE FLANAGAN PRESIDENT 4.00 X X 0 0 0 ANDREA SULLIVAN VICE PRESIDENT 3.00 X X 0 0 0 PETER CROWLEY TREASURER 2.00 X X 0 0 0 SARAH MARIANI SECRETARY 2.00 X X 0 0 0 MICHAEL CAVANAGH BOARD MEMBER 2.00 X 0 0 0 KAREN COHN BOARD MEMBER 2.00 X 0 0 0 GREGG FELTON BOARD MEMBER 1.00 X 0 0 0 ALLEN GREEN BOARD MEMBER 2.00 X 0 0 0 JEFF HAMMEL BOARD MEMBER 1.00 X 0 0 0 RICHARD KIM BOARD MEMBER 1.00 X 0 0 0 SANFORD LOEWENTHEIL BOARD MEMBER 4.00 X 0 0 0 LAURA MATTSON BOARD MEMBER 2.00 X 0 0 0 ERIC MEDOW BOARD MEMBER 1.00 X 0 0 0 DENNIS PARKER BOARD MEMBER 1.00 X 0 0 0 JUAN PUJADAS BOARD MEMBER 2.00 X 0 0 0 HILLARY COMORA BOARD MEMBER 1.00 X 0 0 0 CINDY G ROSKIND BOARD MEMBER 1.00 X 0 0 0 VIK SAWHNEY BOARD MEMBER 1.00 X 0 0 0 LYNNE WOLITZER BOARD MEMBER 1.00 X 0 0 0 TAMMY LEVINE BOARD MEMBER 1.00 X 0 0 0 BRAD ASNESS BOARD MEMBER 1.00 X 0 0 0 EDWARD DUNN BOARD MEMBER 1.00 X 0 0 0 MICHELLE KROIN BOARD MEMBER 1.00 X 0 0 0 MICHAEL LAZAR BOARD MEMBER (THROUGH 11/14) 1.00 X 0 0 0 FERNANDO RIVAS BOARD MEMBER 1.00 X 0 0 0 KAREN SOBEL BOARD MEMBER 1.00 X 0 0 0 SCOTT A NELSON HEAD OF SCHOOL 55.00 X 460267 0 19500 ROBERT Z BRODY DIRECTOR OF FINANCE 45.00 X 221451 0 54860 MEREDITH DECHABERT MS PRINCIPAL/ASST HEAD 50.00 X 164046 0 19780 WENDY HAFT DIRECTOR OF ATHLETICS 45.00 X 155226 0 42810 PAUL WIEMAN US PRINCIPAL 45.00 X 152132 0 11436 ANDREW GILLIES DIRECTOR OF TECHNOLOGY 35.00 X 141628 0 45619 SYLVIA WALSH LS PRINCIPAL 45.00 X 138822 0 3992 1433572 0 197997 50 0 1 0 DHI CONSTRUCTION 3000 MARCUS AVENUE LAKE SUCCESS NY 11042 CONSTRUCTION 1706242 FLIK INTERNATIONAL PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 924055 SODEXO PO BOX 360170 PITTSBURGH PA 15261 JANITORIAL SERVICE 783003 COUNTY COACH PO BOX 261 RYE NY 10580 BUS SERVICE 267932 PETER GISOLFI ASSOCIATES 566 WARTBURTON AVENUE HASTING ON HUDSON NY 10706 ARCHITECT 100027 7 430013 840205 21456773 245024 22726991 TUITION 611600 30467050 30467050 ANCILLARY PROGRAMS 611600 2979787 2979787 EDUCATION AND GENERAL 611600 194288 194288 33641125 689696 809 688887 110848 30362 80486 80486 80486 156409 144039 12370 12370 12370 384125 430013 504905 -120780 -120780 MISCELLANEOUS 900099 21396 21396 21396 57051284 33641125 809 682359 4771989 4771989 975495 940011 35484 18397490 16220264 1785544 391682 973498 836265 115264 21969 2717866 2355170 304128 58568 1371981 1193690 148896 29395 80205 79652 553 52300 52300 26634 26634 267245 267245 588984 366413 149763 72808 10294 10294 1537537 1018031 389633 129873 438867 388677 29405 20785 2665600 2324199 321638 19763 1028305 1025933 1156 1216 135841 69274 20500 46067 2130944 1986027 142440 2477 24260 1698 22562 FOOD 1065677 994824 7771 63082 39261012 33552454 4788202 920356 10726533 10704195 3658949 3139962 76098 10595822 415136 410806 2500 524068 429393 251088 788329 84251194 31613958 52443271 52637236 35504361 40191423 9766658 11999872 113366162 130899538 2828062 3161105 11360211 11758369 1269144 1591223 15457417 16510697 X 70093277 69550375 10857144 21185597 16958324 23652869 97908745 114388841 113366162 130899538 X 17790272 -1288035 -22142 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45245542 6692500 -594709 343522 2566908 48432903 32838881 7432647 6169263 1195249 45245542 28181627 2915743 2760704 1019193 32838881 26208216 2517881 500042 1044512 28181627 22326135 467754 4327457 223795 689334 26208217 0.35000 0.49000 0.16000 0 0 9532030 9532030 60505904 21024742 39481162 5739713 3206327 2533386 8426215 7382889 1043326 47332 47332 52637236 ASSETS IN CHARITABLE REMAINDER TRUSTS 59796 F ALTERNATIVE INVESTMENTS 11940076 F 11999872 DEFERRED COMPENSATION 1591223 1591223 X 50732235 -1288035 8220 -1279815 52012050 267245 4771989 5039234 57051284 34252139 30362 30362 34221777 267245 4771989 5039234 39261011 PART V, LINE 4: INCOME FROM THE FOLLOWING ENDOWMENT BALANCES ARE EXPENDABLE TO SUPPORT THE FOLLOWING: ACTION PROGRAM- 448,751; FACULTY SUPPORT- 5,017,239; SCHOOL PROGRAMS- 12,345,978; SCHOLARSHIP- 5,840,901. PART X, LINE 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2012 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 30,362. CHANGE IN VALUE IN BENEFICIAL INTEREST -22,142. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,771,989. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 30,362. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,771,989. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NOTICE OF OUR POLICY ON NON-DISCRIMINATION IS ANNUALLY PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION WITHIN OUR GEOGRAPHIC REGION. IN ADDITION THE POLICY IS PRINTED IN OUR EDUCATIONAL MATERIALS AND OUR WEBSITE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES NEW YORK STATE AID MONIES FOR MANDATORY REPORTING SERVICES. CAYMAN ISLANDS INVESTMENTS 6105154 0 0 0 0 0 0 6105154 0 6105154 0 0 0 0 0 0 X 1 LESTER INC 19 BUSINESS PARK DRIVE BRANFORD CT 06405 PROFESSIONAL FUND RAISER 0 23750 8274 15476 23750 8274 15476 NY FALL BOOKFAIR 185425 185425 4915 130652 SPRING BENEFIT 511813 430013 81800 20657 49946 87620 3 116900 116900 6834 23773 180508 814138 430013 384125 6834 20657 78634 398780 504905 -120780 1 SCHOLARSHIPS FOR STUDENTS 141 4771989 PART I, LINE 2: FAMILIES WHO ARE IN NEED OF FINANCIAL AID ARE REQUIRED TO SUBMIT A FINANCIAL AID APPLICATION EVERY YEAR. THE APPLICATION CONSISTS OF COPIES OF THE PARENT(S)'S MOST RECENT FEDERAL TAX RETURN AND W-2, A FAMILY LETTER WHICH PROVIDES A BRIEF DESCRIPTION OF THE FAMILY'S FINANCIAL CIRCUMSTANCE AND A SIGNED 4506-T. ASIDE FROM THESE DOCUMENTS, FAMILIES ARE REQUIRED TO SUBMIT A COMPLETED PARENTS FINANCIAL STATEMENT (PFS) TO SCHOOL AND STUDENT SERVICES (SSS).SSS PROCESSES THE FAMILY'S PFS AND PROVIDES RYE COUNTRY DAY SCHOOL AID RECOMMENDATION.RYE COUNTRY DAY SCHOOL GRANTS AID TO FAMILIES BASED ON SSS ASSESSMENT AS WELL AS ON THE ADDITIONAL INFORMATION PROVIDED IN THE APPLICATION. X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 SCOTT A NELSON HEAD OF SCHOOL 459622 0 0 0 645 0 19500 0 0 0 479767 0 0 0 ROBERT Z BRODY DIRECTOR OF FINANCE 221226 0 0 0 225 0 17779 0 37081 0 276311 0 0 0 MEREDITH DECHABERT MS PRINCIPAL/ASST HEAD 163909 0 0 0 137 0 8138 0 11642 0 183826 0 0 0 WENDY HAFT DIRECTOR OF ATHLETICS 155053 0 0 0 173 0 11642 0 31168 0 198036 0 0 0 PAUL WIEMAN US PRINCIPAL 151603 0 0 0 529 0 11436 0 0 0 163568 0 0 0 ANDREW GILLIES DIRECTOR OF TECHNOLOGY 141523 0 0 0 105 0 11148 0 34471 0 187247 0 0 0 PART I, LINE 4B SCOTT A. NELSON PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN WHICH HE WAS NOT FULLY VESTED FOR $200,000 MEREDITH DECHABERT HIGHEST COMPENSATED EMPLOYEE PERSONAL X 5000 2500 0 0 1 2500 SUSAN NELSON FAMILY MEMBER OF SCHOOL HEADMASTER SCOTT A. NELSON 108991 EMPLOYMENT 0 X 24 245024 SELLING PRICE 0 1 1 PART I, COLUMN (B): THE SCHOOL IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE SECURITY BROKER SELLS THE SECURITIES. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL IS A MEMBERSHIP CORPORATION WHEREBY EACH PARENT OF A STUDENT HAS A VOTE. FORM 990, PART VI, SECTION A, LINE 7A EACH PARENT OF A STUDENT HAS A VOTE THAT CAN BE UTILIZED TO VOTE EITHER FOR OR AGAINST THE SLATE OF PROPOSED TRUSTEES IN A PROXY STATEMENT. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWED THE FORM 990 AND REPORTED TO THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES ELECTRONICALLY BEFORE THE RETURN WAS FILED WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE SHALL DISCLOSE TO THE PRESIDENT IF HE OR SHE IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE SCHOOL. NO MEMBER OF THE BOARD WHO IS A VENDOR OF GOODS OR SERVICES TO THE SCHOOL OR IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE SCHOOL SHALL VOTE ON, OR PARTICIPATE ON BEHALF OF THE SCHOOL IN THE ADMINISTRATION OF, ANY CONTRACT WITH SUCH VENDOR. SUCH MEMBER SHALL LEAVE ANY MEETING OF THE BOARD DURING THE TIME THE BOARD (OR ANY COMMITTEE THEREOF) IS DISCUSSING ANY ARRANGEMENT WITH SUCH A VENDOR. BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES SHALL ANNUALLY REAFFIRM THEIR AGREEMENT TO COMPLY WITH THE POLICY AND SHALL AT THAT TIME ADVISE THE PRESIDENT OF ANY AFFILIATION WITH ANY EXISTING OR PROPOSED VENDOR OF GOODS OR SERVICES IF SUCH AFFILIATION HAS NOT PREVIOUSLY BEEN DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15A AN EXECUTIVE COMPENSATION CONSULTANT IS HIRED ANNUALLY TO COMPARE THE HEADMASTER'S SALARY TO OTHER COMPARABLE SCHOOLS AND THEN SHARES THE DATA WITH THE COMPENSATION COMMITTEE. THE LAST PROCESS WAS DONE IN 2015. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE IN BENEFICIAL INTEREST -22,142. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.