2015-04-13T13:00:58-05:00 2014-06-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2013-07-01 591276282 The Pine School Inc PINE 7726757005 12350 SE Federal Highway Hobe Sound FL 33455 Michael Mortell Chairman 7726757005 2015-04-08 1 David J Thomas P00002419 5616896000 2013 2016-02-25 16:41:14Z Phyllis Parker 12350 SE Federal Highway Hobe Sound FL 33455 10465926 0 X www.thepineschool.org X 1969 FL The Pine School, Inc. is a non-profit, nondenominational day school providing a college preparatory education to children ages 3 years old through grade 12. 28 28 102 350 0 0 568565 1866099 7675819 8111474 2622 -9012 904480 194426 9151486 10162987 1176359 1510329 0 0 4617705 4219874 0 0 153787 3267390 3147062 9061454 8877265 90032 1285722 1609199 8753041 2421872 8279992 -812673 473049 X The mission of the Pine School is to promote academic excellence within a challenging, supportive, and moral environment that fosters the development of mind, body, and spirit. 0 0 7896226 1510329 8111474 The Pine School is a college preparatory nonsectarian day school which provides a superior college preparatory education for children of pre-school age through 12th grade by providing instruction and student activities. Average enrollment is over 500 students. Accomplishments include:Two scholarship programs-the "Pine School Scholarship Program" is awarded to students judged to be academically strong. The "Patriot Scholarship Program" is awarded to students of veterans and qualify on a financial needs basis.Academic program-staffed by learning (continued on Schedule O) specialists that develop a child's learning profile which includes the student's strengths and natural interests. The student support team develops a plan that matches the student's specific academic ability, developmental level and intellectual potential.Fine arts program-The Pine School is passionate about arts education. We believe that every student who attends our school should have a chance to develop their artistic talents. We encourage creativity and collaboration and will continue to offer opportunities for our students to contribute to our school and community through their artistic expressions.Athletic program-The Pine School athletic program emphasizes the value of physical activity, good sportsmanship, fitness for life, and the joy of athletic competition.Other events and accomplishments include food fairs, book fairs, concerts, golf tournament, fund raising auctions, etc. 7896226 1 1 0 0 0 0 1 0 0 0 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 0 0 1 0 0 0 0 0 0 0 0 1 49 1 1 102 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X Larry Pittman 7726757005 12350 SE Federal Highway Hobe Sound FL 33455 Michael Baum Chairman 4.00 X X 0 0 0 Debbie Textor Vice Chairman 4.00 X X 0 0 0 Michael DiEgidio Secretary 4.00 X X 0 0 0 Ottie McCullum III Treasurer 2.00 X X 0 0 0 Michael Mortell Trustee 2.00 X 0 0 0 Sonya Finney Trustee 2.00 X 0 0 0 Cris Branden Trustee 2.00 X 0 0 0 Leslie Davies Trustee 2.00 X 0 0 0 Mark Gelnaw Trustee 2.00 X 0 0 0 Greg Gardner Trustee 2.00 X 0 0 0 John Isleib Trustee 2.00 X 0 0 0 Rich Kennedy Trustee 2.00 X 0 0 0 Jim Hauslein Trustee 2.00 X 0 0 0 Dr Marianne Ireland Trustee 2.00 X 0 0 0 Robert Leidy Jr Trustee 2.00 X 0 0 0 Stephen Leighton Trustee 2.00 X 0 0 0 John Loesser Trustee 2.00 X 0 0 0 Don Mader Trustee 2.00 X 0 0 0 Ted Mortell Trustee 2.00 X 0 0 0 Heather Posey Trustee 2.00 X 0 0 0 Kirsten Norman Trustee 2.00 X 0 0 0 Alex Ralicki Trustee 2.00 X 0 0 0 Mary Reynolds Trustee 2.00 X 0 0 0 Paul Shirley Trustee 2.00 X 0 0 0 Ramsey Small Trustee 2.00 X 0 0 0 Mark Renz Trustee 2.00 X 0 0 0 Carla Lucas Trustee 2.00 X 0 0 0 Dale Hudson Trustee 2.00 X 0 0 0 Alita Reed Trustee 2.00 X 0 0 0 Robert Rimer Trustee 2.00 X 0 0 0 Stuart Tenney Trustee 2.00 X 0 0 0 Lynda Whitfield Trustee 2.00 X 0 0 0 Casey Cummings Trustee 2.00 X 0 0 0 Jennifer Schettewi Trustee 2.00 X 0 0 0 Kenan Siegel Trustee 2.00 X 0 0 0 Susan Skatoff Trustee 2.00 X 0 0 0 Anna Marie Tettamanti Trustee 2.00 X 0 0 0 Phyllis Parker Head of School 40.00 X 161023 0 0 161023 0 0 1 0 1 0 0 232023 1634076 151610 1866099 Tuition & Fees Revenue 611600 7563372 7563372 Auxillary Income 900099 548102 548102 8111474 1408 1408 25014 25014 0 10420 -10420 -10420 -10420 279138 232023 258251 20887 20887 13373 9254 4119 4119 Other Revenues 900099 169420 169420 169420 10162987 8111474 0 185414 1510329 1510329 161899 136425 20073 5401 3522433 2968184 436733 117516 2024 1705 251 68 230544 194270 28584 7690 302974 255303 37564 10107 17336 17336 28583 28583 5346 5346 34020 34020 671735 670650 1085 32919 32919 4073 4073 48437 48437 165351 157279 8072 Lunch Program 451121 451121 Teaching and School Sup 413400 413400 Repairs & Maintenance 323491 312478 11013 International Student E 317343 317343 633907 426383 195604 11920 8877265 7896226 827252 153787 200 84 1201570 587296 100000 178810 102895 87252 72016 138881 7855090 128481 98838 7726609 33680 34109 1609199 8753041 408442 429691 1981170 2115479 30000 5670000 2260 64822 2421872 8279992 X -1125233 96177 312560 376872 -812673 473049 1609199 8753041 1285722 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 1470872 1470872 6100808 22545 6078263 83800 83800 199610 105936 93674 7726609 Leases Payable 64822 64822 X 8926584 273926 273926 8652658 1510329 1510329 10162987 7640862 273926 273926 7366936 1510329 1510329 8877265 Part X, Line 2: During fiscal year 2013, the School adopted FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. This pronouncement seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position which an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions which meet a "more likely than not" threshold. The School assesses its income tax positions based on management's evaluation of the facts, circumstances and information available at the reporting date. The School uses the prescribed "more likely than not" threshold when making its assessment. At adoption, the School did not record any cumulative effect adjustment, and the School did not accrue any interest expense or penalties related to tax positions. There are currently no open federal or state tax years under audit. There is currently no unrelated business taxable income for tax year 2013. Part XI, Line 2d - Other Adjustments: Special Fundraising Event Expenses 239,658. Cost of Goods Sold 9,254. Rental Expenses 25,014. Part XI, Line 4b - Other Adjustments: Tuition Discounts 1,510,329. Part XII, Line 2d - Other Adjustments: Special Fundraising Event Expenses 239,658. Cost of Goods Sold 9,254. Rental Expenses 25,014. Part XII, Line 4b - Other Adjustments: Tuition Discounts 1,510,329. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The school places a newspaper ad prior to the registration of the students for the upcoming school year which includes a statement to the effect the enrollment policies are nondiscriminatory as to race, creed, national origin or gender. Auction 376920 232023 144897 18593 125274 Other Events 134241 134241 114384 511161 232023 279138 18593 239658 258251 20887 1 Tuition Discounts 231 441710 Financial Aid, Scholarships and other discounts 125 1068619 Part I, Line 2: Tuition discounts are determined by policy. Tuition remission is 50% for children of full time employees. Sibling discount is 5% for 1st and 2nd siblings and 10% for 3rd and more. Scholarships are awarded based upon evaluation criteria. Grades, test scores, recommendations and interviews are used to determine scholarship awards. X 0 0 0 0 0 0 0 0 0 Phyllis Parker Head of School 161023 0 0 0 0 0 0 0 0 0 161023 0 0 0 X 8 2963 Est. fair market value X 509 Est. fair market value X 2 115008 Public Exchange X 6 9750 Est. fair market value X Printing/Advt 1 10000 Est. fair market val X Misc. Househo 13 5755 Est. fair market val X Sports memor. 6 4375 Est. fair market val X Jewelry 1 3250 Est. fair market val 0 0 1 Part I, Line 32b: An auctioneer was hired. "Bid Pal", a digital auction software was used to process all purchases. Form 990, Part VI, Section A, line 6 The Pine School is a not-for-profit school governed by a board of trustees. Form 990, Part VI, Section B, line 11 A copy of form 990 is reviewed by the Finance Committee, then it is reviewed by the full board before it is filed. Form 990, Part VI, Section B, line 12c Executive committee monitor and enforce the policy. Form 990, Part VI, Section B, line 15 The compensation levels are determined by the board using the national association of independent schools compensation records as a benchmark. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statement etc. available upon request. Part XII Line 2b The audit report is reviewed at the annual audit report review meeting as presented by the independent auditor. The process has not changed from the prior year.