2015-02-06T15:55:35-06:00 2014-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2013-07-01 560729351 THE RALEIGH SCHOOL INC % HEATHER CAMPBELL RALE 9195460788 1141 RALEIGH SCHOOL DRIVE Suite RALEIGH NC 27607 ROBERT LICHTENSTEIN HEAD OF SCHOOL 9195460788 2015-01-29 true Ronald A Batchelor P00077863 9195460788 2013 2016-03-07 17:11:31Z BUD LICHTENSTEIN 1141 RALEIGH SCHOOL DR RALEIGH NC 27607 4327552 false X www.raleighschool.org X 1955 NC THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. 17 17 73 640 0 267070 280651 3638920 3770804 86089 109033 29985 35850 4022064 4196338 87686 91070 0 0 2529743 2612902 0 0 10544 1091499 1404172 3708928 4108144 313136 88194 11544137 11272984 6112984 5380130 5431153 5892854 THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. false false 2077035 71875 2847951 PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 264 CHILDREN. 628182 19195 781760 PROVIDED PRESCHOOL CLASSES FOR 152 CHILDREN UNDER THE AGE OF FIVE. 2705217 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true false false false false false false true false false false false false false false false false false false false true 23 0 true 73 true false false false false false true true false false false false X 17 17 false false false false true true false true true false false true true true true true true true true false X X HEATHER CAMPBELL 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 DAVID WOODARD BOARD CHAIR 2.0 X 0 0 0 CHASE HADDIX 1ST VICE CHAIR 2.0 X 0 0 0 LISA PATEL 2ND VICE CHAIR 2.0 X 0 0 0 ERIKA CANADY SECRETARY 1.0 X 0 0 0 MAUREEN SAWCHAK TREASURER 1.0 X 0 0 0 MANAL EL-RAMLY BOARD MEMBER 1.0 X 0 0 0 NICOLE SPECTOR BOARD MEMBER 1.0 X 0 0 0 MATT CLEAVER BOARD MEMBER 1.0 X 0 0 0 DAVID LINDSAY BOARD MEMBER 1.0 X 0 0 0 BYINNA CROWDER BOARD MEMBER 1.0 X 0 0 0 MISSY WARREN BOARD MEMBER 1.0 X 0 0 0 RICHARD KAYDOS-DANIELS BOARD MEMBER 1.0 X 0 0 0 NICKY DUNLAP BOARD MEMBER 1.0 X 0 0 0 ARTEMIS NEWMAN BOARD MEMBER 1.0 X 0 0 0 JENNIFER DEARMAN BOARD MEMBER 1.0 X 0 0 0 MIKE HANAS BOARD MEMBER 1.0 X 0 0 0 JENNIFER FERRIS BOARD MEMBER 1.0 X 0 0 0 ROBERT LICHTENSTEIN HEAD OF SCHOOL 40.0 X 136038 0 21046 ELIZABETH GILLELAND DIRECTOR, PRESCHOOL 40.0 X 74716 0 15695 MARY GOLDEN DIRECTOR, ELEMENTARY 40.0 X 69707 0 16011 HEATHER CAMPBELL BUSINESS MANAGER 32.5 X 65219 18713 345680 0 71465 1 false true false 0 30374 250277 280651 TUITION 900099 3363064 3363064 REGISTRATION & FEES 611710 199193 199193 SUMMER CAMP 900099 67454 67454 AFTER SCHOOL CARE 900099 141093 141093 3770804 112970 112970 0 0 0 0 0 1750 26469 1546 30610 204 -4141 -3937 -3937 128562 30374 99058 29504 29504 0 0 MISC. REVENUE 900099 6346 6346 6346 4196338 3629711 285976 0 91070 91070 0 0 434765 434765 0 1699081 1499490 199591 123424 95120 28304 201559 160932 40627 154073 106873 47200 0 0 26110 26110 0 0 39682 12871 26811 25958 4446 21512 30211 13468 16743 157049 89659 67390 27414 19328 8086 0 211865 146960 64905 0 0 0 236033 236033 0 511687 354932 156755 31323 21727 9596 TEACHER EDUCATION 25186 25186 SUMMER CAMP 12837 12837 EVERYDAY MATHEMATICS & PHONICS 11137 11137 DUES & SUBSCRIPTIONS 10602 10602 47078 28579 7955 10544 4108144 2705217 1392383 10544 0 0 3982398 3412048 11328 11017 20587 11023 0 0 0 0 0 0 0 0 43178 27313 7980004 3408869 4796404 4571135 2440669 3134398 0 0 0 0 0 0 249573 106050 11544137 11272984 409197 314001 0 0 2259240 2300845 3400000 2750000 0 0 0 0 0 0 0 0 44547 15284 6112984 5380130 X 5383708 5779688 13987 29558 33458 83608 5431153 5892854 11544137 11272984 X 88194 263800 109707 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 338404 51500 88553 478457 305916 200 32288 338404 306213 468 -765 305916 228921 32790 44502 306213 0 250000 -21079 228921 0.77763 0.17475 0.04762 false false 795708 795708 6584823 2956631 3628192 575141 451549 123592 24332 689 23643 4571135 0 DEFERRED COMPENSATION 15284 15284 X 4366997 263800 -97282 166518 4200479 -4141 -4141 4196338 4015003 4141 4141 4010862 97282 97282 4108144 SCHEDULE D, PART V, LINE 4 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE ENDOWMENT WAS ESTABLISHED IN 2010 TO SUPPORT FIVE KEY AREAS - FINANCIAL AID, TEACHER ENRICHMENT, FACILITIES MAINTENANCE, TECHNOLOGY AND PROGRAMS CONSISTENT WITH THE SCHOOL'S MISSION INCLUDING ACADEMICS, ART, MUSIC, LANGUAGE, PHYSICAL EDUCATION, AND SOCIAL AND EMOTIONAL DEVELOPMENT. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE: $(91,070) FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $(6,212) OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $(97,282) SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE: $(4,141) LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FORM 990 REVENUE SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES: $4,141 LOSS ON DISPOSAL OF FIXED ASSETS INCLUDED IN FORM 990 REVENUE SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES: $91,070 FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $6,212 OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $97,282 SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSTIONS UNDER FIN 48 (ASC 740): MANAGEMENT OF THE SCHOOL DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX YEARS ENDED JUNE 30, 2011 THROUGH JUNE 30, 2014 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES AS OF THE DATE OF THIS REPORT. true true true true true true true false false false false false false false false false false true SCHEDULE E PART I QUESTION 3 RACIALLY NODISCRIMINATORY POLICY: NON-DISCRIMINATORY POLICY IS ADVERTISED IN AREA-WIDE PUBLICATIONS WHEN SOLICITATION FOR ENROLLMENT IS MADE. LUNCH 50091 50091 49188 CARNIVAL 33341 33341 19889 4 73183 30374 42809 28284 156615 30374 126241 49188 48173 97361 28880 true FINANCIAL AID 31 91070 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: THE RALEIGH SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANT'S FINANCIAL INFORMATION. THIS SERVICE IS PROVIDED BY TADS. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO TADS FOR PROCESSING. A SUMMARY REPORT OF THE FAMILY FINANCIAL INFORMATION IS SENT TO THE RALEIGH SCHOOL. ONCE THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. X X X X X false false false false false false false false false ROBERT LICHTENSTEIN HEAD OF SCHOOL 136038 0 0 0 12256 0 9401 0 157695 0 0 0 A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2014-06-12 2750000 REFUND A PRIOR ISSUE 6/15/2006 false false false A 0 0 2750000 0 0 0 0 0 0 0 2750000 0 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false false false true true BB&T 15. false false false 0 false false A true - 6212 TUITION DISCOUNT EMPLOYEE BENEFIT FORM 990, PART VI, LINES 6 & 7A ORGANIZATION'S MEMBERS AND THEIR POWER TO ELECT THE GOVERNING BODY: As outlined in the school's by-laws, members of The Raleigh School's governing structure or Board of Trustees are elected by "Active Members" of the organization. This election is held at the school's Annual Meeting. Active Members are comprised of all current parents, lawful guardians, foster parents, and employees of the school. FORM 990, PART VI, LINE 11B FORM 990 REVIEW: THE FORM 990 WAS GIVEN TO THE BOARD FINANCE COMMITTEE FOR REVIEW. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY: THE SCHOOL HAS A CONFLICT OF INTEREST POLICY. IT IS PART OF NEW BOARD TRAINING AND IS INCLUDED IN THE BOARD'S TRAINING MANUAL. THE CONFLICT OF INTEREST POLICY IS RENEWED AND SIGNED ANNUALLY. FORM 990, PART VI, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION FOR THE HEAD OF SCHOOL. COMPENSATION IS SET AFTER CONSIDERING BENCHMARKS INCLUDING DATA FROM INDEPENDENT SCHOOL ORGANIZATIONS (NCAIS AND SAIS) AND VIEWING PEER SCHOOL FORM 990S ON-LINE. THE HEAD OF SCHOOL SETS SALARIES FOR DIVISION DIRECTORS USING SIMILAR BENCHMARKS. FORM 990, PART VI, LINE 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS ARE AVAILABLE ON-LINE. FORM 990 IS AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE AND ON-LINE AT GUIDESTAR. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL TRUSTEES AND IS AVAILABLE TO THE PUBLIC AT THE SCHOOL'S OFFICES. THE QUARTERLY FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF TRUSTEES. THE TREASURER REPORTS TO THE BOARD OF TRUSTEES DURING QUARTERLY BOARD MEETINGS. FORM 990, PART XI, LINE 9 RECONCILIATION OF CHANGE IN NET ASSETS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS $109,707