2015-04-23T16:27:29-05:00 2014-06-30 541673769 MITCHELL & CO PC 110 EAST MARKET ST 200 LEESBURG VA 20176 990 2013-07-01 540662863 LOUDOUN COUNTRY DAY SCHOOL INC LOUD 7037773841 20600 RED CEDAR DRIVE LEESBURG VA 20175 E RANDALL HOLLISTER PHD HEADMASTER 7037773841 2015-04-23 1 W MATTHEW BURNS P01265537 7037774900 2013 2016-02-25 16:41:14Z E RANDALL HOLLISTER PHD 20600 RED CEDAR DRIVE LEESBURG VA 20175 7091241 0 X WWW.LCDS.ORG/ X 1959 VA TO NURTURE EACH STUDENT INTELLECTUALLY, ARTISTICALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY. 17 17 116 0 0 0 380439 340837 5936508 6531041 57588 36449 88256 81049 6462791 6989376 0 0 0 0 3922288 4119040 0 0 247435 3094151 3069856 7016439 7188896 -553648 -199520 36555705 36218212 21321012 21117494 15234693 15100718 TO FOSTER THE INTELLECTUAL, EMOTIONAL, AND PHYSICAL GROWTH OF ITS CHILDREN IN A NURTURING ENVIRONMENT WHERE EACH CHILD IS RECOGNIZED AND VALUED. 0 0 5727984 6531041 THE TOTAL EDUCATIONAL PROGRAM AND EXPERIENCE DEVELOPS EACH STUDENT'S INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND PHYSICAL CAPACITIES. THE TOTAL EXPERIENCE PROMOTES INDEPENDENCE, RESPONSIBILITY, A GOOD WORK ETHIC, TEAMWORK, LEADERSHIP, SPORTSMANSHIP, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. PROGRAMS THAT OCCUR BEYOND THE REGULAR SCHOOL DAY HOURS OFFER OPPORTUNITIES FOR ENRICHMENT IN ACADEMICS, THE ARTS, AND PHYSICAL EDUCATION, AS WELL AS A SAFE ENVIRONMENT FOR CHILDREN TO BE CARED FOR UNTIL PICKED UP BY THEIR PARENTS. 5727984 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 116 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X KIMBERLY A MARTINO CPA LOUDOUN COUNTRY DAY SCHOOL 7037773841 20600 RED CEDAR DRIVE LEESBURG VA 20175 X DR JILL MCCABE CHAIR 3.00 X X 0 0 0 JON FINKELSTEIN VICE CHAIR 2.00 X X 0 0 0 JAMES R MCDERMOTT TREASURER 2.00 X X 0 0 0 MELANIE LOCKWOOD HERMAN SECRETARY 1.00 X X 0 0 0 CINDY WILBERDING OFFICER AT-LARGE 2.00 X X 0 0 0 BRIAN AREZZO TRUSTEE 2.00 X 0 0 0 MASON BROWN TRUSTEE 1.00 X 0 0 0 TINA BUCKLEY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER CONNOLLY TRUSTEE 2.00 X 0 0 0 CHRIS CRAGIN TRUSTEE 1.00 X 0 0 0 DR NICOLE FULGHAM TRUSTEE 1.00 X 0 0 0 PAM MAROULIS TRUSTEE 1.00 X 0 0 0 KAY NAKAMURA TRUSTEE 2.00 X 0 0 0 LARRY PARKS TRUSTEE 2.00 X 0 0 0 JOHN RAMSEY TRUSTEE 1.00 X 0 0 0 DR WILLIAM TYRRELL JR TRUSTEE 2.00 X 0 0 0 STEPHANIE BALDERRAMA TRUSTEE - PARENT'S ASSOCIATION 2.00 X 0 0 0 E RANDALL HOLLISTER PHD HEADMASTER 60.00 X 296591 0 41430 TIMOTHY BEAUCHEMIN ASSISTANT HEADMASTER 40.00 X 102785 0 16316 KIM MARTINO BUSINESS MANAGER 40.00 X 101740 0 13940 501116 0 71686 3 0 1 0 0 340837 340837 TUITION 611710 5844327 5844327 BLDG USE, ETC 611710 609405 609405 TRANSPORTATION FEE 480000 77309 77309 6531041 35441 35441 1592 584 1008 1008 1008 187021 101281 85740 85740 MISCELLANEOUS 900099 29309 29309 EXPIRED INCENTIVE PLED 900099 -34000 -34000 -4691 6989376 6531041 0 117498 334314 158585 98776 76953 3064548 2543575 459682 61291 120576 42430 68952 9194 337797 311748 22984 3065 261805 183659 68952 9194 1008380 1008380 711133 462236 248897 INSTRUCTIONAL 485397 485397 OPERATIONS 483713 483713 GENERAL & ADMIN 332972 245234 87738 FINANCING COSTS 31296 31296 16965 16965 7188896 5727984 1213477 247435 198726 68270 5221252 5592990 163078 127700 106705 86126 6973 6077 33991421 4545308 30121434 29446113 690595 823557 46942 67379 36555705 36218212 94107 151246 19585000 19160000 1641905 1806248 21321012 21117494 X 14233492 14075628 280094 210505 721107 814585 15234693 15100718 36555705 36218212 -199520 65545 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 721107 1900 91628 50 814585 663559 1500 56118 70 721107 597303 26075 40231 -50 663559 528338 6845 62170 -50 597303 481139 4339 42860 528338 1.00000 0 0 1078285 1078285 30007020 2818208 27188812 1782004 1560379 221625 1124112 166721 957391 29446113 ENROLLMENT DEPOSITS AND TUITION 1805476 ACCRUED INTEREST EXPENSE 772 1806248 X 7054921 65545 65545 6989376 0 6989376 7188896 0 7188896 0 7188896 PART V, LINE 4: READING CHAIR - $143,675 DIVERSITY SCHOLARSHIP - $349,623 OTHER ENDOWMENTS - $321,287 PART X, LINE 2: MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX PROVISIONS THAT WOULD REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 AUCTION 169334 169334 84736 FALL FUN FAIR 9559 9559 10611 4 8128 8128 7370 187021 187021 102717 102717 84304 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 E RANDALL HOLLISTER PHD HEADMASTER 225000 0 0 0 71591 0 11250 0 30180 0 338021 0 0 0 A IDA OF LOUDOUN COUNTY VA 521310230 2008-03-26 29700000 TO BUILD NEW SCHOOL AT RED CEDAR 0 0 0 A 10540000 29700000 1431391 600306 26719276 2010 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 PNC BANK 30.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES MELANIE LOCKWOOD HERMAN AND KAY NAKAMURA WORK TOGETHER FOR THE SAME EMPLOYER. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES AFTER IT IS REVIEWED BY THE FINANCE COMMITTEE, AND BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS DISCUSSED DURING THE BOARD ORIENTATION SESSION, AND AT A MINIMUM OF ONE BOARD MEETING EACH YEAR. TRUSTEES ARE ENCOURAGED TO REPORT POTENTIAL OR ACTUAL CONFLICTS WITHOUT DELAY. EACH TRUSTEE IS REQUIRED TO COMPLETE AND SUBMIT ANNUALLY A RELATED PARTY QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE COMMITTEE ON HUMAN CAPITAL REVIEWS COMPENSATION FOR COMPARABLE POSITIONS AMOUNG PEER SCHOOLS, AND SHARES THAT INFORMATION WITH THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONVENES TO REVIEW THE DATA AND RECOMMEND COMPENSATION FOR THE HEADMASTER. THE FULL BOARD OF TRUSTEES VOTES ON THE HEADMASTER'S COMPENSATION. THE HEADMASTER REVIEWS SALARY STUDIES FOR COMPARABLE POSITIONS IN INDEPENDENT SCHOOLS IN SETTING COMPENSATION LEVELS FOR LCDS STAFF AND FACULTY. FORM 990, PART VI, SECTION C, LINE 19 LOUDOUN COUNTRY DAY SCHOOL MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, PART 1A & SCHEDULE J, PART II, COLUMN (E) HEADMASTER'S TOTAL COMPENSATION COMPRISES THE FOLLOWING COMPONENTS TO PROVIDE A COMPENSATION PACKAGE WHICH RECOGNIZES THE SCHOOL'S SUSTAINED SUCCESS AND THE HEADMASTER'S CONTRIBUTIONS TO ITS SUCCESS. THE KEY COMPONENTS INCLUDE BASE SALARY ($225,000), HOUSING ALLOWANCE ($30,000), HIGH SCHOOL TUITION REIMBURSEMENT AND TAX GROSS-UP ($38,448), NONTAXABLE BENEFITS ($30,180) AND RETIREMENT CONTRIBUTION ($11,250). THE HEADMASTER HAS DECLINED TO ACCEPT ANNUAL COST OF LIVING INCREASES TO HIS BASE SALARY SINCE 2008, AND HE DECLINED $7,200 OF BASE SALARY FOR FISCAL YEAR 2014. ALMOST ALL INCREASES IN THE HEADMASTER'S COMPENSATION SINCE 2008 ARE DUE TO TUITION REIMBURSEMENT, WHICH BEGAN WHEN THE HEADMASTER'S CHILDREN ENTERED HIGH SCHOOL AND WILL CONTINUE UNTIL THEY GRADUATE FROM HIGH SCHOOL, AT WHICH TIME SUCH PAYMENTS WILL END. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE AUDIT PROCESS OR FOR SELECTION OF THE INDEPENDENT ACCOUNTANT.