2016-03-07T14:58:00-06:00 2015-06-30 383635706 REHMANN ROBSON LLC 5070 N HIGHWAY A1A STE 250 VERO BEACH FL 32963 990 2014-07-01 591059214 SAINT EDWARD'S SCHOOL INC SAIN 7722316731 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 JEFF HURWITZ TREASURER 7722316731 2016-02-29 1 DEBORAH A CRUM CPA P00282890 7722348484 2016-02-29 2014 2016-08-17 19:52:53Z MICHAEL MERSKY HEAD OF S 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 17835259 0 X STEDS.ORG X 1965 FL SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONGLEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGHPREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPALTRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHOWORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND. 22 20 215 200 168094 -51411 3850009 4999369 11337643 12068351 162780 342981 203594 203463 15554026 17614164 1799716 1888173 0 0 6343683 6696170 0 0 582399 4719356 4900440 12862755 13484783 2691271 4129381 34828947 36740914 12018200 9716268 22810747 27024646 X SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONG LEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGH PREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPAL TRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHO WORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND. 0 0 8712687 1888173 11687037 ST. EDWARD'S SCHOOL PROVIDES EDUCATION FOR PRIMARY, INTERMEDIATE AND SECONDARY STUDENTS. APPROXIMATELY 539 STUDENTS WERE SERVED. 387921 296624 ST. EDWARD'S SCHOOL PROVIDES SEVERAL AUXILIARY SERVICES SUCH AS A SUMMER CAMP PROGRAM, RECREATIONAL/CLUB SWIM TEAM, TUTORIAL CENTER, AND EXTENDED DAY CARE. 9100608 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 54 0 1 215 1 1 1 0 0 0 0 1 1 0 0 0 0 0 X 22 20 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BETH ZAMERSKI 7724922313 1895 ST EDWARDS DR VERO BEACH FL 32963 JOSEPH P CORR TRUSTEE 2.00 X 0 0 0 RONALD L EDWARDS CHAIRMAN 8.00 X X 0 0 0 REV CHRIS RODRIGUEZ TRUSTEE 2.00 X 0 0 0 KEVIN BARRY VICE CHAIRMAN 8.00 X X 0 0 0 JEFF HURWITZ TRUSTEE 2.00 X 0 0 0 SUSAN MORRISON TRUSTEE 2.00 X 0 0 0 TREY SMITH TRUSTEE 2.00 X 0 0 0 BRIAN BAREFOOT TRUSTEE 2.00 X 0 0 0 JEFF BASS TREASURER 8.00 X X 0 0 0 KATHRYN FABER TRUSTEE 2.00 X 0 0 0 TERESA WINSLOW TRUSTEE 2.00 X 0 0 0 ALLISON PROCTOR SECRETARY 8.00 X X 0 0 0 SUSAN TEMPLE TRUSTEE 2.00 X 0 0 0 RON CHESLEY TRUSTEE 2.00 X 0 0 0 JOHN HURYN TRUSTEE 2.00 X 0 0 0 ROBERT RITTER TRUSTEE 2.00 X 0 0 0 JOHN LOWENBERG TRUSTEE 2.00 X 0 0 0 RICHARD MCDERMOTT TRUSTEE 2.00 X 0 0 0 BRYAN CORRIGAN TRUSTEE 2.00 X 0 0 0 MARGARET ANNE EVANS TRUSTEE 2.00 X 0 0 0 ANDREW KENNEDY TRUSTEE 2.00 X 0 0 0 ANGELA WALDROP TRUSTEE 2.00 X 0 0 0 MICHAEL MERSKY HEAD OF SCHOOL 40.00 X 301120 0 25993 BRUCE WACHTER HEAD OF UPPER SCHOOL 40.00 X 127530 0 10383 KEIRA MURPHY HEAD OF MIDDLE SCHOOL 40.00 X 110383 0 33176 ANNE STORCH DIR. ADVANCEMENT 40.00 X 116888 0 9526 655921 0 79078 4 0 1 0 SODEXO INC PO BOX 536922 ATLANTA GA 303536922 MAINTENANCE 685542 CDW GOVERNMENT INC 75 REMITTANCE DRIVE SUITE 1515 CHICAGO IL 606751515 IT EQUIPMENT 137926 TULIP TRAVEL INC 2 POTTERS COURT GREAT NECK NY 11024 TRAVEL AGENT 124460 TRANE COMPANY PO BOX 406469 ATLANTA GA 303846469 NEW CHILLED WATER SYSTEM 122260 APPLE INC PO BOX 281877 ATLANTA GA 303841877 IT EQUIPMENT/COMPUTERS 100720 5 300995 4698374 23897 4999369 TUITION & FEES 611110 11520325 11520325 OTHER PROGRAM REVENUE 611110 251402 251402 AUXILIARY SERVICES - TAXABLE 713990 168094 168094 AUXILIARY SERVICES - EXEMPT 611110 128530 128530 12068351 342981 342981 269417 300995 149358 120059 120059 144600 71737 72863 72863 RENTAL INCOME 531190 10541 10541 10541 17614164 11983661 168094 463040 1888173 1888173 278645 195052 83593 5451629 3681635 1514940 255054 229281 160816 68465 282365 198048 84317 454250 285624 121601 47025 21183 21183 55025 55025 19973 19973 76637 76637 138080 8757 129323 275727 275727 538881 538881 1382 1382 939396 543974 373819 21603 496044 17068 478976 OUTSOURCED MANAGEMENT E 648299 648299 BUILDING/GROUNDS MAINTE 286525 286525 SPORTS 247813 247813 DISCRETIONARY FUND 174000 174000 981475 431793 374558 175124 13484783 9100608 3801776 582399 91130 78926 5572819 5769108 701400 1797700 30231 51079 50903 50893 33874835 17878035 16475941 15996800 11465193 12395187 441330 601221 34828947 36740914 247308 459633 4818827 4208386 6644711 4744711 307354 303538 12018200 9716268 X 14576076 16267444 4046864 4123695 4187807 6633507 22810747 27024646 34828947 36740914 4129381 84518 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 396715 1 1 7310004 696000 304916 196640 8114280 6112769 399206 944143 146114 7310004 5009787 661947 614698 173663 6112769 3964529 1261135 -77562 138315 5009787 3087042 504288 509335 136136 3964529 1.00000 0 0 695256 695256 24045233 10403502 13641731 3645897 2617164 1028733 5488449 4857369 631080 15996800 MU ALPHA THETA CLUB FUNDS 460 TABLET DEPOSITS 15794 RESERVE FOR WAXLAX CENTER 128 A/P-L/S DISCRETIONARY FUND 67036 A/P-M/S DISCRETIONARY FUND 3553 A/P-U/S DISCRETIONARY FUND 20104 RESERVE FOR LACROSSE 3250 STUDENT ACTIVITY-CLUB FUNDS 12753 SUPERFANS CLUB 696 RESERVE FOR LEARNING SUPPORT SERVIC 74518 SCIENCE NATIONAL HONOR SOCIETY RESE 340 BOOK RESERVE- LOWER SCHOOL TEXTS 103277 RESERVE FOR LONG RANGE PLANNING PRO 3993 BAND EQUIPMENT MAINTENANCE RESERVE -2744 RESERVE FOR LS BOX TOPS 380 303538 X 15935326 84518 144790 229308 15706018 19973 1888173 1908146 17614164 11721427 144790 144790 11576637 19973 1888173 1908146 13484783 PART V, LINE 4: PROGRAM SUPPORT FUNDS ENHANCE THE CURRICULUM AND SUPPORT PROGRAMS VITAL TO THE SCHOOL'S MISSION. FACULTY SUPPORT FUNDS RECOGNIZE THAT A VITAL AND ENERGIZED FACULTY ARE THE HALLMARK OF AN EXCEPTIONAL INDEPENDENT SCHOOL. THESE GIFTS NOURISH AND STRENGTHEN THE FACULTY AS WELL AS HONOR THEIR MANY ACHIEVEMENTS. FACILITY SUPPORT FUNDS ENSURE THE STEWARSHIP OF THE PHYSICAL RESROUCES. STUDENT SUPPORT FUNDS PROVIDE FINANCIAL ASSISTANCE SO THAT TALENTED STUDENTS THROUGHOUT THE COMMUNITY ARE ABLE TO ATTEND SAINT EDWARD'S SCHOOL. PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE SCHOOL WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES INVESTMENT INCOME SUCH AS INTEREST RECEIVED FROM SOURCES OTHER THAN DIRECTLY FROM DONORS OR GRANTORS. THE SCHOOL HAS BEEN CLASSIFIED AS NOT A PRIVATE FOUNDATION. THE SCHOOL ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. THE SCHOOL TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES. THE SCHOOL HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2012 THROUGH 2015, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2015. THE SCHOOL CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE SCHOOL DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT JUNE 30, 2015 OR 2014, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 144,790. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,888,173. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 144,790. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,888,173. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ST. EDWARD'S NON-DISCRIMINATORY POLICY IS PUBLICIZED WHEN SOLICITING FOR STUDENTS IN ALL SCRIPPS NEWSPAPERS INCLUDING VERO BEACH PRESS JOURNAL AND ST.LUCIE TRIBUNE, WATERMARK MAGAZINE, 32963 MAGAZINE, STUART MAGAZINE, VERO BEACH MAGAZINE, ALL ON-CAMPUS EVENT PROGRAMS AND BROCHURES. ANNUAL BENFIT 410195 300995 109200 5500 1500 55488 45542 PARENTS ASSOCIATION 160217 160217 41328 570412 300995 269417 5500 1500 55488 86870 149358 120059 0 FINANCIAL AID-EXISTING STUDENTS 109 1358948 BENEFIT- EMPLOYEE TUTION REMISSION 43 529225 SCHEDULE I - PART III SCHOLARSHIP AND FINANCIAL AID ARE A REDUCTION OF THE STUDENT'S TUITION AND NO MONEY IS DIRECTLY PAID TO THE STUDENTS OR PARENTS. X X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MICHAEL MERSKY HEAD OF SCHOOL 292290 0 0 0 8830 0 21952 0 4041 0 327113 0 0 0 PART I, LINE 1A THE FOLLOWING BENEFITS ARE PROVIDED TO MICHAEL MERSKY, THE HEAD OF SCHOOL: 1) DISCRETIONARY SPENDING ACCOUNT:THE DISCREATIONAY ACCOUNT IS AN AMOUNT IN THE SCHOOL'S BUDGET EACH YEAR THAT THE HEAD OF SCHOOL IS ALLOWED TO DIRECT THE SPENDING. IT MUST ONLY BE USED FOR SCHOOL EXPENSES, NOT PERSONAL EXPENSES. 2) HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: A RESIDENCE FOR PERSONAL USE IS PROVIDED TO THE HEAD OF SCHOOL. THE VALUE OF THE BENEFIT IS ESTIMATED TO BE $43,710 AND IS NOT TREATED AS TAXABLE COMPENSATION. 3) HEALTH OR SOCIAL CLUB DUES: THE HEAD OF SCHOOL RECEIVED $4,250 FOR CLUB DUES WHICH WAS TREATED AS TAXABLE COMPENSATION. 4) TRAVEL FOR COMPANIONS: THE HEAD OF SCHOOL ATTENDS AN ANNUAL CONFERENCE FOR HEAD OF SCHOOLS NATIONWIDE. THE CONFERENCE INCLUDES PROGRAMMING FOR SPOUSES AND INCLUDES SPOUSES IN THE CONFERENCE. THE SCHOOL PAYS AIRFARE FOR THE HEAD OF SCHOOL SPOUSE ONLY FOR THIS CONFERENCE. BETH HURWITZ SPOUSE OF BOARD MEMBER 20632 RECEIVED COMPENSATION AS EXTERNAL STUDIES COORDINATOR 0 WHITNEY SMITH SPOUSE OF BOARD MEMBER 24932 RECEIVED COMPENSATION AS LEARNING SUPPORT TEACHER 0 FORM 990, PART VI, SECTION A, LINE 7A THE EPISCOPAL DIOCESE BISHOP HAS THE RIGHT TO APPOINT THE DIOCESE'S BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO THE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED ANNUALLY AND ANY POTENTIAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15A COMPARISON WITH COMPATIBILITY DATA OF EQUIVALENT SCHOOLS; PERFORMANCE EVALUATION; NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL (NAIS), REVIEW BY OUTSIDE COMPENSATION CONSULTANT, AND FLORIDA COUNCIL OF INDEPENDENT SCHOOLS (FCIS)STATISTICS. 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.