2016-05-13T10:14:57-05:00 2015-06-30 BKD LLP 375 N Shore Drive Suite 501 Pittsburgh PA 152125866 990 2014-07-01 250965558 Sewickley Academy % JOHN DILLON SEWI 4127412230 315 Academy Avenue Sewickley PA 15143 John Dillon Director of Finance & Operations 4127412230 2016-05-13 true Stephen Heilman P00354011 4123649395 2014 2016-08-17 19:52:53Z John Dillon 315 Academy Avenue Sewickley PA 15143 18835395 false X www.sewickley.org X 1838 PA OPERATION OF A PRIVATE SCHOOL FOR EDUCATIONAL PURPOSES. 24 23 236 65 0 8008556 2440118 15909548 15855482 1886 -573087 388205 324090 24308195 18046603 1624507 1610136 0 0 11853664 12159434 0 0 761286 5058866 5033704 18537037 18803274 5771158 -756671 71531631 70936088 6335800 6729135 65195831 64206953 SEWICKLEY ACADEMY INSPIRES AND EDUCATES STUDENTS TO ENGAGE THEIR HEARTS, MINDS, AND HANDS TO CULTIVATE THEIR FULL INDIVIDUAL AND COLLECTIVE POTENTIAL IN THE SEVICE OF A GREATER GOOD. false false 14577694 15386725 AS PITTSBURGH'S OLDEST CO-EDUCATIONAL COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL, SEWICKLEY ACADEMY PREPARES ITS OVER 710 STUDENTS FOR A LIFETIME OF SUCCESS BY INSPIRING THEM TO REACH THIER FULL POTENTIAL AS CURIOUS, COURAGEOUS, AND COMPASSIONATE LEARNERS. THE STUDENT BODY IS HIGHLY DIVERSE AND RESIDE IN VARIOUS SCHOOL DISTRICTS IN THE TRI-STATE AREA. EXCEPTIONAL PROGRAMS, SMALL CLASSES, AND TALENTED FACULTY HELP STUDENTS BECOME CONSCIENTIOUS LEADERS, CRITICAL THINKERS, AND RESPONSIBLE MEMBERS OF A GLOBAL COMMUNITY. THE ACADEMY'S COMMITMENT TO EDUCATIONAL EXCELLENCE IS EVIDENT IN 100% OF GRADUATES CONTINUING THIER EDUCATION AT A FOUR YEAR INSTITUTION. STUDENTS FROM THE CLASS OF 2015 WERE OFFERED MORE THAN $4.5 MILLION IN MERIT SCHOLARSHIPS AND 97% OF SENIORS WERE ADMITTED TO A TOP-CHOICE COLLEGE OR UNIVERSITY. ADDITIONAL ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. 14577694 true true false false false false false false false true true true false false true false true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 237 0 true 236 true false false false false false false false false false false X 24 23 false false false false false false false true true false false true true true true true true true true false X JOHN DILLON 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 MRS AMY SIMMIONS SEBASTIAN BOARD CHAIR 1.0 0.0 X X 0 0 0 MRS LISA M GIUSTI VICE BOARD CHAIR 1.0 0.0 X X 0 0 0 MRS MARGARET SHIELDS GILFILLAN SECRETARY 1.0 0.0 X X 0 0 0 MR ERIC C JOHNSON TREASURER 1.0 0.0 X X 0 0 0 MR BOBBY GORDON MEMBER-AT-LARGE 1.0 0.0 X 0 0 0 MRS SUSIE HUMPHREY KELLER MEMBER-AT-LARGE 1.0 0.0 X 0 0 0 GREGORY B PATRICK MD MEMBER-AT-LARGE 1.0 0.0 X 0 0 0 MRS LOUANN TRONSBERG DEIHLE TRUSTEE 1.0 0.0 X 0 0 0 AARON GRAND MD TRUSTEE 1.0 0.0 X 0 0 0 MRS KRISTEN HAMMEL TRUSTEE 1.0 0.0 X 0 0 0 MS GRETCHEN HANSEN TRUSTEE 1.0 0.0 X 0 0 0 MR JEFF HENNION TRUSTEE 1.0 0.0 X 0 0 0 MRS LORRAINE HOUSTON TRUSTEE 1.0 0.0 X 0 0 0 CLAIRE KENDRICK PHD TRUSTEE 1.0 0.0 X 0 0 0 MRS MARY MACKEY TRUSTEE 1.0 0.0 X 0 0 0 MR DOUGLAS B MCADAMS TRUSTEE 1.0 0.0 X 0 0 0 MR PAUL O'NEILL JR TRUSTEE 1.0 0.0 X 0 0 0 ASHVIN RAGOOWANSI MD TRUSTEE 1.0 0.0 X 0 0 0 MRS JENNA STEVENSON TRUSTEE 1.0 0.0 X 0 0 0 MRS AMY MUSE LANG TRUSTEE 1.0 0.0 X 0 0 0 MRS MONA MATTSON PRESIDENT OF HOME & SCHOOL 1.0 0.0 X 0 0 0 MR KOLIA J O'CONNOR HEAD OF SCHOOL 55.0 0.0 X 315771 0 93241 MR JOHN DILLON DIRECTOR OF FINANCE & OPS 55.0 0.0 X 156712 0 13742 MR MARK HANSEN HEAD OF LOWER SCHOOL 55.0 0.0 X 120095 0 51777 MR JEFF ZEMSKY HEAD OF MIDDLE SCHOOL 55.0 0.0 X 114207 0 37525 MR WIN PALMER ATHLETIC DIRECTOR 55.0 0.0 X 133296 0 18931 840081 0 215216 5 false true false HUCKESTEIN MECHANICAL SER INC 46A SOUTH LINDEN STREET DUQUESNE PA 15110 HVAC SERVICING 145054 MOSITES CONSTRUCTION COMPANY 4839 CAMPBELLS RUN ROAD PITTSBURGH PA 15205 CONSTRUCTION 3393968 STA-CORAOPOLIS 200 KENDELL STREET CORAOPOLIS PA 15108 STUDENT TRANSPORT 200093 AMERICAN EXPRESS PO BOX 1270 NEWARK NJ 07101 BUSINESS SERVICES 145698 MIND OVER MEDIA 2840 LIBERTY AVENUE SUITE 402 PITTSBURGH PA 15222 ADVERTISING 130781 5 89114 2351004 88326 2440118 TUITION 611600 15389273 15389273 ACTIVITIES & SPECIAL FEES 611600 450292 450292 MISCELLANEOUS REVENUE 900099 15917 15917 15855482 2061 2061 0 0 80205 21705 58500 0 58500 58500 575148 -575148 -575148 -575148 315440 97741 217699 217699 0 142089 94198 47891 47891 0 18046603 15386725 219760 0 1610136 1610136 0 0 0 0 9904205 8072101 1412124 419980 596014 349671 221643 24700 939893 602749 297341 39803 719322 419991 268182 31149 0 12700 12700 61185 61185 0 0 6578 6578 4393 4393 171620 7162 149192 15266 316646 153366 135965 27315 116514 116514 2279 2279 956618 956618 36340 36340 0 55947 38889 11258 5800 153162 153162 0 1250072 1245836 4236 126689 126689 EDUCATIONAL CLASSROOM 697868 403208 293110 1550 PROFESSIONAL DEVELOPMENT 212734 212734 ATHLETIC PROGRAM 176113 176113 EQUIPMENT RENTAL & MAINTENANC 123872 72949 50923 552374 160610 200434 191330 18803274 14577694 3464294 761286 1015 1227 5976863 4383120 3407987 3183937 120191 101505 0 0 0 0 0 0 151056 159776 41472 17154 47161871 18300215 25764354 28861656 0 0 36068693 34143324 0 0 0 0 0 84389 71531631 70936088 1688562 2455728 0 0 155640 238542 4100000 3713320 0 0 0 0 0 0 0 0 391598 321545 6335800 6729135 X 57451884 56723714 4547458 4266926 3196489 3216313 65195831 64206953 71531631 70936088 X -756671 -302258 70051 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36012294 38192 -302207 1660871 34087408 33175230 67670 4317092 1547698 36012294 30469653 334690 3789420 1418533 33175230 32871340 72855 -685181 1789361 30469653 27863048 1356060 5339834 1687602 32871340 0.88080 0.03050 0.08870 false false 236486 975552 1212038 1011937 33970105 15707863 19274179 20000 3467074 1441328 2045746 7480717 1151024 6329693 28861656 CASH & CASH EQUIVALENTS 45916 F PRIVATE EQUITY SECURITIES 10000 F TIFF MULTI ASSET FUND 34087408 F 34143324 0 INTEREST RATE SWAP LIABILITY 321545 321545 16323706 -302258 -1420639 -1722897 18046603 18046603 17312584 119446 119446 17193138 1610136 1610136 18803274 FORM 990, SCHEDULE D, PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE FINANCIAL SUPPORT TO THE ACADEMY FOR OPERATIONS AND CAPITAL PROJECTS. FORM 990, SCHEDULE D, PART X, LINE 2 MANAGMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 2D: SPECIAL EVENT EXPENSES $ 97,741 UNREALIZED INTEREST RATE SWAP ADJUSTMENT 70,053 FINANCIAL AID & REMISSION (1,610,136) RENTAL EXPENSES 21,705 ROUNDING (2) TOTAL $(1,420,639) FORM 990, SCHEDULE D, PART XII, LINE 2D: SPECIAL EVENT EXPENSES $ 97,741 RENTAL EXPENSES 21,705 TOTAL $119,446 FORM 990, SCHEDULE D, PART XII, LINE 4B: FINANCIAL AID & REMISSION $1,610,136 true true true true true true true false false false false false false false false false false true FORM 990, SCHEDULE E, PART I, LINE 3: BROCHURES, CATALOGUES, ANNOUNCEMENTS AND SCHOLARSHIP FORMS ARE ON FILE AT THE ACADEMY AND ARE AVAILABLE FOR SUBMISSION UPON REQUEST. DO YOU DREAM IN 315440 315440 28054 69687 0 315440 315440 28054 69687 97741 217699 true FINANCIAL AID 77 1070362 FMV TUITION REMISSION 43 646148 FMV FORM 990, SCHEDULE I, PART I, LINE 2: THE GRANTS TO INDIVIDUALS REPRESENT TUITIION SCHOLARSHIPS AND REMISSION GRANTED BY THE ACADEMY TO A SELECTION OF STUDENTS. THE ACADEMY DETERMINES ELGIBILITY FOR THE SCHOLARSHIPS BASED ON ACADEMIC ABILITY AND FINANCIAL NEED OF THE STUDENT, AS WELL AS THE BUDGETED REVENUES AND EXPENSES OF THE ACADEMY. NO FURTHER MONITORING OF THE FUNDS ARE REQUIRED AS NO SPECIFIC REQUIREMENTS ARE APPLICABLE OTHER THAN THE STUDENT'S CONTINUED ADMISSION WITHIN THE ACADEMY. X true true X X X X false false false false false false false false MR KOLIA J O'CONNOR HEAD OF SCHOOL 315771 0 0 0 0 0 18200 0 75041 0 409012 0 0 0 MR JOHN DILLON DIRECTOR OF FINANCE & OPS 156712 0 0 0 0 0 10774 0 2968 0 170454 0 0 0 MR MARK HANSEN HEAD OF LOWER SCHOOL 120095 0 0 0 0 0 8392 0 43385 0 171872 0 0 MR JEFF ZEMSKY HEAD OF MIDDLE SCHOOL 114207 0 0 0 0 0 7980 0 29545 0 151732 0 0 0 MR WIN PALMER ATHLETIC DIRECTOR 133296 0 0 0 0 0 8477 0 10454 0 152227 0 0 0 X 12 378837 FMV false false false FORM 990, PART III, LINE 4A: ADDITIONAL ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 11: THE FORM 990 IS SUBMITTED TO THE DIRECTOR OF FINANCE & OPERATIONS AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: BUSINESS OFFICE AND HEAD OF SCHOOL OFFICE ARE AWARE OF POTENTIAL CONFLICTS AND MONINTOR DURING NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15: THE BUSINESS OFFICE PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ON HEADS OF SCHOOL ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON VERBAL REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED INTEREST RATE SWAP ADJUSTMENT $70,051 FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.