2016-05-11T17:07:54-05:00 2015-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2014-07-01 141364656 TUXEDO PARK SCHOOL TUXE 8453514737 CAMP COMFORT ROAD TUXEDO PARK NY 10987 MICHAEL MURPHY CHIEF FINANCIAL OFFICER 8453514737 2016-05-11 1 AARON SHAPIRO P01333816 2128674000 2014 2016-08-17 19:52:53Z PAMELA VAN DER LEE CAMP COMFORT ROAD TUXEDO PARK NY 10987 10421162 0 X TUXEDOPARKSCHOOL.ORG X 1900 NY INDEPENDENT DAY SCHOOL IN TUXEDO PARK, NY FOR PRESCHOOL THROUGH NINTH GRADE. 22 21 83 21 0 0 831497 1208850 7200228 7316357 491743 398934 82246 58534 8605714 8982675 1875913 1900885 0 0 4510334 4644673 0 0 184770 2187364 2351992 8573611 8897550 32103 85125 15451600 15467067 2923596 2932228 12528004 12534839 X THE MISSION OF TUXEDO PARK SCHOOL IS TO TEACH STUDENTS TO BECOME LIFE-LONG LEARNERS AND THOUGHTFUL, PRODUCTIVE CITIZENS AND LEADERS IN THEIR COMMUNITIES, OUR COUNTRY AND THE WORLD. IN ALL ASPECTS OF SCHOOL LIFE WE VALUE INTEGRITY, INDEPENDENCE, COOPERATION, RESPONSIBILITY, COMPASSION, AND RESPECT FOR OTHERS. THE SCHOOL SUPPORTS AND EXPECTS EXCELLENCE IN THE FACULTY AND IN ALL ACADEMIC AND CO-CURRICULAR PROGRAMS, INCORPORATING HIGH ACADEMIC STANDARDS WHICH ARE BOTH ACCESSIBLE AND CHALLENGING TO MOTIVATED STUDENTS. OUR TEACHERS HELP STUDENTS APPRECIATE THE JOY OF LEARNING AND THE SATISFACTION OF MEETING SIGNIFICANT CHALLENGES. THE SCHOOL PROVIDES A SAFE, NURTURING EDUCATION COMMUNITY THAT IS SMALL ENOUGH FOR EACH CHILD TO BE KNOWN, TO BE APPRECIATED, AND TO HAVE APPROPRIATE OPPORTUNITIES TO PARTICIPATE AND TO LEAD. 0 0 6626304 1900885 7316357 THE SCHOOL PROVIDES A CONTINUOUS EDUCATION PROGRAM FOR BOYS AND GIRLS FROM PRESCHOOL THROUGH NINTH GRADE. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 240 STUDENTS IN 2015. 6626304 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 83 1 0 0 0 0 0 1 1 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MICHAEL MURPHY 8453514737 CAMP COMFORT ROAD TUXEDO PARK NY 10987 PAMELA VAN DER LEE PRESIDENT 4.00 X X 0 0 0 SCOTT SHAW VICE PRESIDENT 4.00 X X 0 0 0 THOMAS MCKAY TREASURER 4.00 X X 0 0 0 MAUREEN COEN SECRETARY 4.00 X X 0 0 0 KATHLEEN MCNAMARA HEAD OF SCHOOL 60.00 X X 261866 0 12503 JOSEPH CAPELLA TRUSTEE 2.00 X 0 0 0 ANDREA BURDICK TRUSTEE 2.00 X 0 0 0 ANNE CHRISTENSEN TRUSTEE 2.00 X 0 0 0 SUZANNE DONAGHY TRUSTEE 2.00 X 0 0 0 ARCHIE GWATHMEY TRUSTEE 2.00 X 0 0 0 CHRISTOPHER HANSEN TRUSTEE 2.00 X 0 0 0 STACEY KIRSCHENBAUM TRUSTEE 2.00 X 0 0 0 LINDSAY DOW TRUSTEE 2.00 X 0 0 0 JOYCE FALINI TRUSTEE 2.00 X 0 0 0 CAITLYN PORTO TRUSTEE 2.00 X 0 0 0 ROBERT SILVAY TRUSTEE 2.00 X 0 0 0 LISA ULLMAN TRUSTEE 2.00 X 0 0 0 MICHAEL VASSEGHI TRUSTEE 2.00 X 0 0 0 DAVID DONOVAN TRUSTEE 2.00 X 0 0 0 ELENA YORDAN TRUSTEE 2.00 X 0 0 0 FRANK PEVERLY TRUSTEE 2.00 X 0 0 0 ELIZABETH STRADAR TRUSTEE 2.00 X 0 0 0 MICHAEL J MURPHY CHIEF FINANCIAL OFFICER 50.00 X 164319 0 6942 DAWN KRANZO ATHLETIC DIRECTOR 45.00 X 103870 0 4908 530055 0 24353 3 0 1 0 FLIK INDEPENDENT SCHOOL DINING PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 348458 CHESTNUT RIDGE TRANSIT INC 56 W CHURCH STREET SPRING VALLEY NY 10977 TRANSPORTATION 134488 WEST POINT TOURS INC PO BOX 125 VAILS GATE NY 12584 TRANSPORTATION 106276 3 277850 75599 855401 32390 1208850 STUDENT TUITION AND FEES 611110 6857050 6857050 AUXILIARY FEES 611110 406223 406223 AFTER SCHOOL FEES 611620 53084 53084 7316357 322239 322239 57214 15141 42073 42073 42073 1456513 1379818 76695 76695 76695 9305 277850 43528 -34223 -34223 900 0 900 900 OTHER 900099 49784 49784 49784 8982675 7316357 0 457468 1900885 1900885 442345 63476 315393 63476 3390041 2433673 901663 54705 133226 92019 39840 1367 375722 250566 113755 11401 303339 198419 95771 9149 13230 13230 28850 28850 134219 66294 67875 50 386320 230270 136623 19427 76683 47706 28938 39 456238 394959 47138 14141 317890 317890 105140 52902 52238 3821 3821 333992 290573 33399 10020 63018 63018 FOOD SERVICE 281179 281179 BAD DEBT 61508 61508 89904 5493 83416 995 8897550 6626304 2086476 184770 198681 586406 1446273 1417791 243385 213343 270385 132135 60000 0 67889 43312 11454031 5127962 6433453 6326069 6731534 6748011 15451600 15467067 534765 644686 813096 727210 1500000 1500000 75735 60332 2923596 2932228 X 5193778 4911692 1823478 2112399 5510748 5510748 12528004 12534839 15451600 15467067 85125 -78290 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7712239 309457 348000 7673696 7107706 937533 333000 7712239 6788911 621795 303000 7107706 6970618 108293 290000 6788911 4384809 1452165 492186 5344788 0.11860 0.71810 0.16330 0 0 113500 113500 10211146 4312657 5898489 1070916 767397 303519 58469 47908 10561 6326069 X 7062169 -78290 -78290 7140459 1842216 1842216 8982675 7055334 0 7055334 1842216 1842216 8897550 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR SCHOLARSHIPS, FACULTY ENRICHMENT, VARIOUS DEPARTMENT CHAIRS AS WELL AS OPERATIONS. 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 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,900,885. RENTAL EXPENSE -15,141. SPECIAL EVENT EXPENSES -43,528. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,900,885. SPECIAL EVENT EXPENSE -43,528. RENTAL EXPENSES -15,141. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PLACES A NOTICE OF NON-DISCRIMINATORY POLICY TO STUDENTS ANNUALLY IN A PERIODICAL. IT WAS LAST PUBLISHED IN THE NEW YORK TIMES ON JUNE 2015. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED NEW YORK STATE AID FOR MANDATED SERVICES. ANNUAL/BENEFIT 276140 266835 9305 510 3748 18946 2525 7119 GOLF OUTING 11015 11015 5000 5000 680 287155 277850 9305 510 8748 23946 2525 7799 43528 -34223 1 SCHOLARSHIPS AND TUITION ASSISTANCE 105 1900885 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON ELIGIBILITY AND GREATEST NEED BY THE SCHOLARSHIP COMMITTEE. THE SCHOLARSHIPS ARE GIVEN EACH YEAR WITHIN A BOARD-APPROVED BUDGET. THEY ARE TRACKED THROUGH THE STUDENT BILLING DATABASE WHICH IS THEN VERIFIED BY THE CHIEF FINANCIAL OFFICER. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 KATHLEEN MCNAMARA HEAD OF SCHOOL 241010 0 20856 0 0 0 11861 0 642 0 274369 0 0 0 MICHAEL J MURPHY CHIEF FINANCIAL OFFICER 164319 0 0 0 0 0 0 0 6942 0 171261 0 0 0 PART I, LINE 1A THE HEADMASTER IS REQUIRED BY CONTRACT TO LIVE IN SCHOOL OWNED HOUSING IN ORDER TO ACCOMMODATE ONGOING OPERATIONAL MEETINGS, CONDUCT FUND RAISING ACTIVITIES AND TO BE IMMEDIATELY AVAILABLE IN CASE OF EMERGENCIES. THE SCHOOL DOES NOT REIMBURSE THE HEADMASTER AS ALL EXPENSES RELATING TO THE PROPERTY ARE PAID DIRECTLY BY THE SCHOOL. THE HOUSING ALLOWANCE BENEFIT IS REPORTED AS NON-TAXABLE COMPENSATION. PART I, LINE 7 BONUSES ARE DETERMINED BY THE BOARD AND ARE BASED ON PERFORMANCE. X 1 32390 SALE PRICE 0 0 1 1 PART I, COLUMN (B): REPORTING IS BASED ON THE NUMBER OF CONTRIBUTIONS. THE SCHOOL USES A BROKER TO SELL ALL DONATED SECURITIES UPON RECEIPT. FORM 990, PART VI, SECTION B, LINE 11 THE FEDERAL FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR PRESENTED THE FEDERAL FORM 990 AT THE BOARD MEETING AND MADE COPIES AVAILABLE TO THE FULL BOARD. THE BOARD ACCEPTED THE FEDERAL FORM 990 AS PRESENTED, AND IT WAS SUBSEQUENTLY FILED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE MEMBERS OF BOARD OR THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSONS, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE IS CHARGED WITH DETERMINING THE COMPENSATION OF THE HEADMASTER. WITH INPUT FROM AN OUTSIDE CONSULTANT, NAIS STATISTICS AND THE STUDENT PARENT BODY, A FAIR COMPENSATION IS CALCULATED. THIS INFORMATION IS THEN PRESENTED TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. THIS IS DOCUMENTED IN THE MINUTES AND A WRITTEN DOCUMENT IS GIVEN TO THE BUSINESS MANAGER INDICATING THE APPROVED COMPENSATION. THIS PROCESS LAST OCCURRED IN FEBRUARY 2014. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 20: THE TAX-EXEMPT BOND LIABILITY OF $1,500,000 IS FROM AN ORANGE COUNTY IDA SERIES 2002 BOND, ISSUED BEFORE 12/31/02. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.