2016-01-28T15:12:56-06:00 2015-06-30 061009205 BLUM SHAPIRO & COMPANY PC 50 HOLDEN STREET PROVIDENCE RI 02908 990 2014-07-01 050369037 ST MICHAEL'S COUNTRY DAY SCHOOL STMI 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 JOHN ZURN HEAD OF SCHOOL 4018495970 2016-01-18 1 MONICA MOTTA P01316400 4012725600 2016-01-18 2014 2016-04-25 22:37:26Z JOHN ZURN 180 RHODE ISLAND AVENUE NEWPORT RI 02840 6774693 0 X WWW.SMCDS.ORG X 1976 RI ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 22 22 118 50 0 0 316577 415938 4547911 4910093 28592 152952 74377 49878 4967457 5528861 1143917 1236897 0 0 2929216 3095562 0 0 86771 1154416 1219656 5227549 5552115 -260092 -23254 9078935 8801947 1260892 1142286 7818043 7659661 ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES A DYNAMIC CURRICULUM THAT IS BUILT ON EXCELLENCE AND INSPIRES STUDENTS TO: LEARN WITH CONFIDENCE, LEAD WITH CHARACTER, AND ACHIEVE LASTING SUCCESS. 0 0 4174998 1236897 4638162 PROVIDING OF ELEMENTARY SCHOOL EDUCATION (GRADES PRESCHOOL THROUGH GRADE 8) SERVING APPROXIMATELY 202 STUDENTS DURING FY 2015. 152956 271931 PROVISION OF SPECIAL PROGRAMS CONSISTING OF MUSIC, AFTER-SCHOOL ACTIVITIES, TUTORING, SUMMER AND THEATER CAMPS, WHICH ARE PROVIDED OUTSIDE OF REGULAR CLASS WORK, FOR APPROXIMATELY 250 STUDENTS DURING FY 2015. 4327954 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 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 118 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TED FERRY 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 BETHANY DI NAPOLI CHAIR 20.00 X X 0 0 0 ERIN FLYNN TREASURER 5.00 X X 0 0 0 WILLIAM BREYER TRUSTEE 5.00 X 0 0 0 REBECCA SMITH TRUSTEE 5.00 X 0 0 0 GAIL ALOFSIN TRUSTEE 5.00 X 0 0 0 GEORGE PETROVAS VICE CHAIR 5.00 X X 0 0 0 SUZI NANCE TRUSTEE 5.00 X 0 0 0 PAUL WEBER TRUSTEE 5.00 X 0 0 0 ELIZABETH WYLIE TRUSTEE 5.00 X 0 0 0 NICHOLAS SUPRON TRUSTEE 5.00 X 0 0 0 DAVID THALMANN TRUSTEE 5.00 X 0 0 0 ALEXIS MARKOWSKI SECRETARY 5.00 X X 0 0 0 MOLLY DE RAMEL TRUSTEE 5.00 X 0 0 0 GRIFFIN FLYNN TRUSTEE 5.00 X 0 0 0 DAVID HOWE TRUSTEE 5.00 X 0 0 0 TERRY LANZA TRUSTEE 5.00 X 0 0 0 ERIC PETERSON TRUSTEE 5.00 X 0 0 0 CORY PLUMB TRUSTEE 5.00 X 0 0 0 PAMELA YOUNES TRUSTEE 5.00 X 0 0 0 JOHN DUNN TRUSTEE 5.00 X 0 0 0 STEPHEN DICICCO TRUSTEE 5.00 X 0 0 0 KHADIJA LEWIS KHAN TRUSTEE 5.00 X 0 0 0 JOHN ZURN HEAD OF SCHOOL 60.00 X 126852 0 15483 126852 0 15483 1 0 0 0 0 28846 387092 53770 415938 TUITION AND FEES 611110 4638162 4638162 SPECIAL PROGRAMS 611110 271931 271931 4910093 16733 16733 18070 0 18070 18070 18070 1293777 11450 1169008 0 124769 11450 136219 136219 108632 76824 31808 31808 5528861 4910093 0 202830 1236897 1236897 142335 142335 2387300 1604920 727511 54869 90848 68994 19116 2738 268764 224122 38359 6283 206315 148087 53982 4246 21168 21168 57423 57423 46794 46702 92 65413 41054 18734 5625 32668 1330 31338 106664 99198 5333 2133 17063 17063 362176 336823 18109 7244 57282 57282 REPAIRS & MAINTENANCE 169267 165285 3982 OTHER OPERATING EXPENSE 79805 76264 3541 CAMPS, TUTORS, BUSING & 71881 71881 PROFESSIONAL DEVELOPMEN 38572 38572 93480 93480 5552115 4327954 1137390 86771 101039 120900 148261 87997 2675 750 140768 116104 62268 49614 10905070 4475502 6600448 6429568 2023476 1997014 9078935 8801947 406625 418671 285598 335240 568669 388375 1260892 1142286 X 5678655 5508493 434789 446569 1704599 1704599 7818043 7659661 9078935 8801947 -23254 -135128 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1979326 -1564 73856 1903906 1827328 75 223854 71931 1979326 1716199 7350 174587 70808 1827328 1790891 2550 -21761 55481 1716199 1709831 538 138428 57906 1790891 0.00000 0.89500 0.10500 0 0 81955 81955 9718630 3687361 6031269 379085 224622 154463 725400 563519 161881 6429568 X 4429287 -135128 76824 -58304 4487591 21168 1020102 1041270 5528861 4587669 76824 76824 4510845 21168 1020102 1041270 5552115 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE MAINTENANCE OF THE VAN BEUREN BUILDING, NEED-BASED SCHOLARSHIPS, DIVERSITY AND LEARNING DISABLED, PROFESSIONAL DEVELOPMENT FOR TEACHERS IN THE STUDY OF ALTERNATIVE LEARNING METHODS, AND FACULTY ENRICHMENT BEYOND THE CLASSROOM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COMPANY AND RECOGNIZE A TAX LIABILITY IF THE COMPANY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE COMPANY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE COMPANY RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON PART VIII, LINE 8(B) 76,824. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,020,102. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON PART VIII, LINE 8(B) 76,824. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,020,102. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS DESCRIBED IN ALL MEDIA, INTERVIEWS, BROCHURES, APPLICATIONS, ADMISSIONS AND ASSISTANCE MATERIAL SCHEDULE E, PART I, LINE 6 DURING THE 2014-15 SCHOOL YEAR, ST. MICHAEL'S COUNTRY DAY SCHOOL RECEIVED $28,846 OF TITLE II AID FROM THE CITY OF NEWPORT, RI FOR EDUCATIONAL CONSULTANTS, CONFERENCES, MEMBERSHIPS AND WORKSHOPS. LUNCH PROGRAM 63662 63662 57295 ADULT PARTY/SILENT AUCTION 26122 26122 9515 7 18848 18848 10014 108632 108632 76824 76824 31808 1 NEED BASED FINANCIAL AID 88 1020102 NEED BASED TUITION ASSISTANCE TUITION REMISSION 13 216795 TUITION REMISSION SCHEDULE I, PART I, LINE 2 THE FINANCIAL AID AWARDS ARE CREDITED TO THE STUDENT'S ACCOUNT THROUGH THE STUDENT BILLING SOFTWARE IN THE BUSINESS OFFICE. FOR RECIPIENTS OF NEED-BASED FINANCIAL AID, THE SCHOOL USES SCHOOL AND STUDENT SERVICES AS A GUIDE AND REQUIRES 2 YEARS OF INCOME TAX RETURNS. TO BE ELIGIBLE FOR TUITION REMISSION EMPLOYEES MUST BE EMPLOYED FULL TIME. REMISSION IS GRANTED TO A MAXIMUM OF 2 OF THE EMPLOYEES' CHILDREN. 38490 FINANCIAL AID GRANTS TO PROVIDE FINANCIAL ASSISTANCE X 2 26801 FMV AT DATE RECEIVED X FURNITURE 1 31938 COST OF DONATED ITEM 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS OVERSEEN BY THE CHAIR OF THE COMMITTEE OF TRUSTEES. ANY POTENTIAL CONFLICT WOULD BE REVIEWED WITH THE BOARD MEMBER. IF A CONFLICT WAS JUDGED TO EXIST, HE/SHE WOULD BE ADVISED TO RECUSE THEMSELF FROM DISCUSSION AND VOTING ON ANY RELATED ISSUE. IF THE CONFLICT IS SEVERE, THE INDIVIDUAL WOULD BE ADVISED TO RECUSE HIMSELF FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS COMPARES THE COMPENSATION OF KEY INDIVIDUALS TO COMPENSATION PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR-SIZED SCHOOLS. THE RESULTS OF THE COMMITTEE ARE REPORTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. 990, PART XII, LINE 2C THE SCHOOL'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.