2015-04-22T14:13:58-05:00 2014-06-30 383635706 REHMANN ROBSON LLC 5070 N HIGHWAY A1A STE 250 VERO BEACH FL 32963 990 2013-07-01 591059214 SAINT EDWARD'S SCHOOL INC SAIN 7722316731 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 JEFF BASS TREASURER 7722316731 2015-04-20 1 DEBORAH A CRUM CPA P00282890 7722348484 2015-03-31 2013 2016-03-07 17:11:31Z MICHAEL MERSKY HEAD OF S 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 15716810 0 X STEDS.ORG X 1965 FL SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONGLEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGHPREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPALTRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHOWORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND. 18 16 210 250 124599 -94884 3814486 3850009 10594947 11337643 147230 162780 182290 203594 14738953 15554026 1865744 1799716 0 0 6074176 6343683 0 0 472931 5023370 4719356 12963290 12862755 1775663 2691271 30885197 34828947 11894964 12018200 18990233 22810747 X SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONG LEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGH PREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPAL TRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHO WORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND. 0 0 8872566 1799716 11015249 ST. EDWARD'S SCHOOL PROVIDES EDUCATION FOR PRIMARY, INTERMEDIATE AND SECONDARY STUDENTS. APPROXIMATELY 507 STUDENTS WERE SERVED. 315020 262841 ST. EDWARD'S SCHOOL PROVIDES SEVERAL AUXILIARY SERVICES SUCH AS A SUMMER CAMP PROGRAM, RECREATIONAL/CLUB SWIM TEAM, TUTORIAL CENTER, AND EXTENDED DAY CARE. 9187586 1 1 0 0 0 1 0 0 0 1 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 1 0 1 0 0 0 0 0 0 0 0 1 67 0 1 210 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BETH ZAMERSKI 7724922313 1895 ST EDWARDS DR VERO BEACH FL 32963 JOSEPH P CORR TRUSTEE 2.00 X 0 0 0 RONALD L EDWARDS CHAIRMAN 8.00 X X 0 0 0 REV CHRIS RODRIGUEZ TRUSTEE 2.00 X 0 0 0 KEVIN BARRY TRUSTEE 2.00 X 0 0 0 JEFF HURWITZ TRUSTEE 2.00 X 0 0 0 SUSAN MORRISON TRUSTEE 2.00 X 0 0 0 TREY SMITH TRUSTEE 2.00 X 0 0 0 BRIAN BAREFOOT VICE CHAIRMAN 8.00 X X 0 0 0 JEFF BASS TREASURER 8.00 X X 0 0 0 KATHRYN FABER TRUSTEE 2.00 X 0 0 0 TERESA WINSLOW TRUSTEE 2.00 X 0 0 0 ALLISON PROCTOR SECRETARY 8.00 X X 0 0 0 SUSAN TEMPLE TRUSTEE 2.00 X 0 0 0 RON CHESLEY TRUSTEE 2.00 X 0 0 0 JOHN HURYN TRUSTEE 2.00 X 0 0 0 ROBERT RITTER TRUSTEE 2.00 X 0 0 0 JOHN LOWENBERG TRUSTEE 2.00 X 0 0 0 RICHARD MCDERMOTT TRUSTEE 2.00 X 0 0 0 MICHAEL MERSKY HEAD OF SCHOOL 40.00 X 283613 0 24533 BRUCE WACHTER HEAD OF UPPER SCHOOL 40.00 X 126665 0 10076 KEIRA MURPHY HEAD OF MIDDLE SCHOOL 40.00 X 110180 0 32014 ANNE STORCH DIR. ADVANCEMENT 40.00 X 115740 0 9498 636198 0 76121 4 0 1 0 SODEXO INC PO BOX 536922 ATLANTA GA 303536922 MAINTENANCE 644214 TULIP TRAVEL INC 2 POTTERS COURT GREAT NECK NY 11024 TRAVEL AGENT 130927 2 198984 3651025 159404 3850009 TUITION & FEES 611110 10829781 10829781 OTHER PROGRAM REVENUE 611110 245021 245021 AUXILIARY SERVICES - EXEMPT 611110 138242 138242 AUXILIARY SERVICES - TAXABLE 713990 124599 124599 11337643 151574 151574 12000 794 11206 11206 11206 237168 198984 98620 138548 138548 119044 63370 55674 55674 RENTAL INCOME 531190 9372 9372 9372 15554026 11278090 124599 301328 1799716 1799716 273182 204886 68296 5160597 3541133 1354081 265383 231871 160994 70877 244754 169939 74815 433279 268266 118103 46910 17820 17820 49895 49895 26475 26475 58876 58876 130958 7460 123498 210311 210311 547530 547530 240 240 983120 569226 391282 22612 492232 18592 473640 OUTSOURCED MANAGEMENT E 1029067 1029067 SPORTS 243792 243792 DISCRETIONARY FUND 137074 137074 GAS/OIL/TOLLS 75097 75097 716869 409389 237750 69730 12862755 9187586 3202238 472931 253921 91130 2604718 5572819 287589 701400 23229 30231 66581 50903 33417584 16941643 17314175 16475941 9971517 11465193 363467 441330 30885197 34828947 289381 247308 2770607 4818827 8544711 6644711 290265 307354 11894964 12018200 X 11892247 14576076 3306382 4046864 3791604 4187807 18990233 22810747 30885197 34828947 2691271 1129243 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 337990 1 1 6112769 399206 944143 146114 7310004 5009787 661947 614698 173663 6112769 3964529 1261135 -77562 138315 5009787 3087042 504288 509335 136136 3964529 2869245 101416 255819 139438 3087042 1.00000 0 0 695256 695256 24041651 9748714 14292937 3449500 2527088 922412 5231177 4665841 565336 16475941 BAND EQUIPMENT MAINT. RESERVE 5836 MU ALPHA THETA CLUB FUNDS 2740 TABLET DEPOSITS 34350 RESERVE FOR WAXLAX CENTER 128 A/P-L/S DISCRETIONARY FUND 23542 A/P-M/S DISCRETIONARY FUND 1884 A/P-U/S DISCRETIONARY FUND 14112 RESERVE FOR LACROSSE 3250 STUDENT ACTIVITY-CLUB FUNDS 12838 SUPERFANS CLUB 696 GLOBAL AWARENESS CLUB 332 RESERVE FOR LEARNING SUPPORT SERVIC 83763 GRANT TEEN COURT US - REV. 1044 SCIENCE NATIONAL HONOR SOCIETY RESE 340 BOOK RESERVE- LOWER SCHOOL TEXTS 118456 RESERVE FOR LONG RANGE PLANNING PRO 3993 RESERVE FOR HILTON/BUELL ART SCHOLA 50 307354 X 15035430 1129243 178352 1307595 13727835 26475 1799716 1826191 15554026 11214916 178352 178352 11036564 26475 1799716 1826191 12862755 PART V, LINE 4: PROGRAM SUPPORT FUNDS ENHANCE THE CURRICULUM AND SUPPORT PROGRAMS VITAL TO THE SCHOOL'S MISSION. FACULTY SUPPORT FUNDS RECOGNIZE THAT A VITAL AND ENERGIZED FACULTY ARE THE HALLMARK OF AN EXCEPTIONAL INDEPENDENT SCHOOL. THESE GIFTS NOURISH AND STRENGTHEN THE FACULTY AS WELL AS HONOR THEIR MANY ACHIEVEMENTS. FACILITY SUPPORT FUNDS ENSURE THE STEWARSHIP OF THE PHYSICAL RESROUCES. STUDENT SUPPORT FUNDS PROVIDE FINANCIAL ASSISTANCE SO THAT TALENTED STUDENTS THROUGHOUT THE COMMUNITY ARE ABLE TO ATTEND SAINT EDWARD'S SCHOOL. PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE SCHOOL WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES INVESTMENT INCOME SUCH AS INTEREST RECEIVED FROM SOURCES OTHER THAN DIRECTLY FROM DONORS OR GRANTORS. THE SCHOOL HAS BEEN CLASSIFIED AS NOT A PRIVATE FOUNDATION. THE SCHOOL ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. THE SCHOOL TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES. THE SCHOOL HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2011 THROUGH 2014, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2014. THE SCHOOL CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE SCHOOL DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT JUNE 30, 2014 OR 2013, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 178,352. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,799,716. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 178,352. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,799,716. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ST. EDWARD'S NON-DISCRIMINATORY POLICY IS PUBLICIZED WHEN SOLICITING FOR STUDENTS IN ALL SCRIPPS NEWSPAPERS INCLUDING VERO BEACH PRESS JOURNAL AND ST.LUCIE TRIBUNE, WATERMARK MAGAZINE, 32963 MAGAZINE, STUART MAGAZINE, VERO BEACH MAGAZINE, ALL ON-CAMPUS EVENT PROGRAMS AND BROCHURES. ANNUAL BENFIT 280884 198984 81900 7500 1500 48710 PARENTS ASSOCIATION 155268 155268 40910 436152 198984 237168 7500 1500 89620 98620 138548 0 FINANCIAL AID-EXISTING ST 115 1315441 BENEFIT- FACULTY SCHOLARS & FINANCIAL AID 39 484275 SCHEDULE I - PART III SCHOLARSHIP AND FINANCIAL AID ARE A REDUCTION OF THE STUDENT'S TUITION AND NO MONEY IS DIRECTLY PAID TO THE STUDENTS OR PARENTS. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MICHAEL MERSKY HEAD OF SCHOOL 274185 0 0 0 9428 0 20564 0 3969 0 308146 0 0 0 PART I, LINE 1A THE FOLLOWING BENEFITS ARE PROVIDED TO MICHAEL MERSKY, THE HEAD OF SCHOOL: 1) DISCRETIONARY SPENDING ACCOUNT:THE DISCREATIONAY ACCOUNT IS AN AMOUNT IN THE SCHOOL'S BUDGET EACH YEAR THAT THE HEAD OF SCHOOL IS ALLOWED TO DIRECT THE SPENDING. IT MUST ONLY BE USED FOR SCHOOL EXPENSES, NOT PERSONAL EXPENSES. 2) HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: A RESIDENCE FOR PERSONAL USE IS PROVIDED TO THE HEAD OF SCHOOL. THE VALUE OF THE BENEFIT IS ESTIMATED TO BE $30,000 AND IS NOT TREATED AS TAXABLE COMPENSATION. 3) HEALTH OR SOCIAL CLUB DUES: THE HEAD OF SCHOOL RECEIVED $4,880 FOR CLUB DUES WHICH WAS TREATED AS TAXABLE COMPENSATION. BETH HURWITZ SPOUSE OF BOARD MEMBER 17310 RECEIVED COMPENSATION AS EXTERNAL STUDIES COORDINATOR 0 WHITNEY SMITH SPOUSE OF BOARD MEMBER 11339 RECEIVED COMPENSATION AS LEARNING SUPPORT TEACHER 0 X 9 159404 NYSE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE EPISCOPAL DIOCESE BISHOP HAS THE RIGHT TO APPOINT THE DIOCESE'S BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO THE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED ANNUALLY AND ANY POTENTIAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15A COMPARISON WITH COMPATIBILITY DATA OF EQUIVALENT SCHOOLS; PERFORMANCE EVALUATION; NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL (NAIS), REVIEW BY OUTSIDE COMPENSATION CONSULTANT, AND FLORIDA COUNCIL OF INDEPENDENT SCHOOLS (FCIS)STATISTICS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.