2016-02-15T08:48:46-06:00 2015-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 214016751 990 2014-07-01 520967384 INDIAN CREEK SCHOOL INC INDI 4109233660 680 EVERGREEN ROAD CROWNSVILLE MD 21032 RICK BRANSON PRESIDENT AND HEAD OF SCHOOL 4109233660 2016-02-12 1 JOHN G WILAND CPA P01357234 4102244920 2016-02-12 2014 2016-08-17 19:52:53Z RICHARD BRANSON 680 EVERGREEN ROAD CROWNSVILLE MD 21032 16019538 0 X WWW.INDIANCREEKSCHOOL.ORG X 1973 MD INDIAN CREEK SCHOOL PROVIDES AN ACADEMICALLY CHALLENGING, COLLEGE PREPARATORY EDUCATION IN A COLLABORATIVE, NURTURING COMMUNITY FOR STUDENTS WITH A WIDE RANGE OF TALENTS, BACKGROUNDS AND ABILITIES. STUDENTS DEVELOP SELF-WORTH, THE CONFIDENCE TO TAKE INTELLECTUAL RISKS, AN APPRECIATION OF DIVERSITY OF ALL KINDS, AND THE ABILITY TO WORK COOPERATIVELY. STUDENTS BECOME INDEPENDENT, SELF-AWARE LEARNERS READY FOR GLOBAL CITIZENSHIP. 19 19 219 800 0 0 402559 1204236 13855847 14302793 42863 300741 129710 101318 14430979 15909088 1828218 2333634 0 0 8823364 9097659 0 0 198498 3775701 4014214 14427283 15445507 3696 463581 29750694 29665586 16121788 15779573 13628906 13886013 X TO PROVIDE AN ACADEMICALLY CHALLENGING EDUCATION IN A WARM, SUPPORTIVE ENVIRONMENT TO A GROUP OF STUDENTS WITH A WIDE RANGE OF TALENTS AND SKILLS. STUDENTS SHOULD DEVELOP SELF-WORTH, AND AN APPRECIATION OF OTHERS OF DIVERSE CULTURAL, RACIAL AND ETHNIC BACKGROUNDS. TO HELP EACH STUDENT BECOME AN INDEPENDENT LEARNER WITH THE SELF-CONFIDENCE TO TAKE INTELLECTUAL RISKS ALONG THE EDUCATIONAL PATH. 0 0 10199547 2333634 13713512 PRIMARY AND SECONDARY EDUCATIONAL INSTRUCTION TO STUDENTS IN PRE-K THROUGH TWELFTH GRADE. 421235 198042 TRANSPORTATION SERVICES PROVIDED FOR STUDENTS TO AND FROM SCHOOL AND SPORTING EVENTS. 381147 340662 CAFETERIA SERVICES PROVIDED FOR STUDENTS OF INDIAN CREEK SCHOOL. 137370 115449 DAYCARE SERVICES PROVIDED FOR STUDENTS BEFORE AND AFTER SCHOOL, PARENT TEACHER ORGANIZATION ACTIVITIES, AND RENTAL OF FACILITIES TO NOT-FOR-PROFIT YOUTH GROUPS. 137370 115449 11139299 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 1 219 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4109233660 680 EVERGREEN ROAD CROWNSVILLE MD 21032 MATTHEW ALSTED CHAIR 2.00 X X 0 0 0 TROY ATKINSON TREASURER 2.00 X X 0 0 0 RIGNAL BALDWIN TRUSTEE 1.00 X 0 0 0 ERIC EDSTROM TRUSTEE 1.00 X 0 0 0 TOM GARDNER TRUSTEE 1.00 X 0 0 0 RICK GRINDROD TRUSTEE 1.00 X 0 0 0 MICHAEL JOHANSEN TRUSTEE 1.00 X 0 0 0 AB KRALL TRUSTEE 1.00 X 0 0 0 MIKE LAHOWIN TRUSTEE 1.00 X 0 0 0 CHRIS MANNIX TRUSTEE 1.00 X 0 0 0 NANCY MORIN TRUSTEE 1.00 X 0 0 0 VIJAY NARULA TRUSTEE 1.00 X 0 0 0 INGRID PAILTHORP TRUSTEE 1.00 X 0 0 0 DEEPAK RAMANI TRUSTEE 1.00 X 0 0 0 DAN REILLY TRUSTEE 1.00 X 0 0 0 JOYCE RUSSELL TRUSTEE 1.00 X 0 0 0 JONATHAN STEELE TRUSTEE 1.00 X 0 0 0 LYNNE SULLIVAN TRUSTEE 1.00 X 0 0 0 DEBORAH BOSTICK FACULTY REPRESENTATIVE 1.00 X 0 0 0 CAROLINE MILLER PTO REPRESENTATIVE 1.00 X 0 0 0 KATHY SIMMONS SECRETARY / FA DIRECTOR 40.00 X 33032 0 2383 RICHARD BRANSON HEAD OF SCHOOL 50.00 X 246525 0 35499 LINDA DENNISON DIRECTOR OF FINANCE 50.00 X 67180 0 5263 346737 0 43145 1 0 1 0 TOWNE TRANSPORTATION LLC PO BOX 3247 ANNAPOLIS MD 21403 BUS TRANSPORTATION 336019 GARRISON CATERING 11115 REISTERSTOWN ROAD OWINGS MILLS MD 21117 FOOD SERVICE 191685 UNITED BUILDING SERVICES INC 200 LITTLE FALLS STREET FALLS CHURCH VA 22046 JANITORIAL SERVICES 145561 3 118120 1086116 1204236 TUITION AND RELATED FEES 611600 13515709 13515709 CAFETERIA 611710 340662 340662 STUDENT TRANSPORTATION FEES 611710 198042 198042 SUMMER CAMP 611710 132931 132931 DAYCARE 611710 115449 115449 14302793 157179 157179 175034 23020 44258 10234 130776 12786 143562 143562 92404 118120 55958 36446 36446 MISCELLANEOUS 900099 64872 64872 64872 15909088 14367665 0 337187 2333634 2333634 354464 88616 237646 28202 6785430 4333626 2348099 103705 275953 180542 87461 7950 1162281 727155 396342 38784 519531 322884 186828 9819 14741 14741 33920 33920 33189 33189 490175 340474 149701 69507 69507 118180 36922 81258 283873 223920 59953 308029 308029 440494 352395 88099 872601 698081 174520 75919 56939 18980 STUDENT ACTIVITIES / PR 427574 427574 CAFETERIA FOOD AND SUPP 320000 320000 REPAIRS AND MAINTENANCE 208431 174834 33597 TEXTS, TESTING AND SUPP 155227 155227 162354 58447 93869 10038 15445507 11139299 4107710 198498 2568160 2418590 8111 3618 176556 165684 4850 0 194601 238230 29495977 8193348 21051572 21302629 5570143 5517800 144425 8494 32276 10541 29750694 29665586 697666 690955 1677180 1983077 13515000 13095000 231942 10541 16121788 15779573 X 11532263 11388385 2052532 2453517 44111 44111 13628906 13886013 29750694 29665586 X 463581 -304192 -101948 199666 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 57439 -525 56914 52538 25 4876 57439 49040 3498 52538 48958 250 109 277 49040 43764 5489 295 48958 0.77500 0.22500 0 0 1934136 1934136 21825413 5008818 16816595 2216388 1217774 998614 3383170 1966756 1416414 136870 136870 21302629 CORPORATE BONDS 1895667 F US BONDS 320134 F MUTUAL FUNDS 1513357 F STOCKS 1093428 F MONEY MARKET FUNDS 695214 F 5517800 DEFERRED COMPENSATION LIABILITY 10541 10541 X 13271262 -304192 -304192 13575454 2333634 2333634 15909088 13111873 0 13111873 2333634 2333634 15445507 PART V, LINE 4: FINANCIAL AID GRANTS TO STUDENTS PART X, LINE 2: THE SCHOOL FOLLOWS THE GUIDANCE OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE SCHOOLSS FINANCIAL STATEMENTS. THE SCHOOL ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE ORGANIZATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE SCHOOLS FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2012 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,333,634. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,333,634. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS STATED IN ADVERTISEMENTS AND ADMISSION MATERIALS. AUCTION 152451 91370 61081 20101 CREEKFEST 46605 20750 25855 27635 3 11468 6000 5468 8222 210524 118120 92404 55958 55958 36446 1 TUITION SCHOLARSHIPS 176 2333634 TUITION FEE SCHEDULE TUITION SCHOLARSHIPS X 1 1 X X X 0 0 0 0 0 0 0 0 0 RICHARD BRANSON HEAD OF SCHOOL 246525 0 0 0 0 0 22825 0 12674 0 282024 0 0 0 PART I, LINE 1A DISCRETIONARY SPENDING ACCOUNT PROVIDED FOR HEAD OF SCHOOL. A MD HEALTH AND HIGHER EDUCATION FACILITIES 2010-09-15 14915000 LOWER SCHOOL AND UPPER SCHOOL BUILDING CONSTRUCTION 0 0 0 A 2007 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 TD BANK NA 5.000000000000 0 1 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B EXECUTIVE COMMITTEE DOES NOT KEEP MINUTES. BY-LAWS STATE EXECUTIVE COMMITTEE CAN ACT ON THE BOARD OF TRUSTEE'S BEHALF. BOARD MINUTES ARE KEPT FOR BOARD OF TRUSTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS AND APPROVES THE 990 BEFORE IT IS FILED. THE FINANCE COMMITTEE SUMMARIZES THE CONTENTS OF 990 AND PRESENTS THE 990 TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY TRUSTEES AND KEY EMPLOYEES AND THE BOARD SECRETARY REVIEWS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPARABLE SALARY SURVEY DATA FOR SIMILAR EDUCATION INSTITUTIONS (AIMS). FORM 990, PART VI, SECTION C, LINE 18 FORM 1023, 990, AND 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 199,666. PART XII LINE 2C FINANCIAL STATEMENTS AND REPORTING THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND THE OVERSIGHT PROCESS OF THE FINANCIAL STATEMENT AUDIT. THE ORGANIZATION HAS NOT CHANGED THE PROCESS FROM THE PRIOR YEAR.