2015-05-15T10:43:56-05:00 2014-06-30 752393478 WHITLEY PENN LLP 1400 WEST 7TH STREET STE 400 FT WORTH TX 76102 990 2013-07-01 751390485 PARISH EPISCOPAL SCHOOL PARI 9722398011 4101 SIGMA ROAD DALLAS TX 75244 MARK KIRKPATRICK CFO 9722398011 2015-05-12 1 CURTIS MAXFIELD P00445178 8172599100 2013 2016-02-25 16:41:14Z MARK KIRKPATRICK 4101 SIGMA ROAD DALLAS TX 75244 29265024 0 X WWW.PARISHEPISCOPAL.ORG X 1972 TX ORGANIZED IN 1972, PARISH EPISCOPAL SCHOOL PROVIDES AN EXCEPTIONAL LEARNING ENVIRONMENT IN THE DALLAS/FORT WORTH METROPLEX SERVING OVER 1,100 STUDENTS IN GRADES PRESCHOOL THROUGH TWELFTH GRADE. 24 24 388 330 3459 2459 5324861 2453191 24274310 25881506 59367 81072 -88065 102941 29570473 28518710 2056725 2361591 0 0 16212907 16825601 0 0 483854 9295911 9810207 27565543 28997399 2004930 -478689 58204426 56933356 43911391 42968260 14293035 13965096 PARISH EPISCOPAL SCHOOL PROVIDES AN ENRICHING AND CHALLENGING EDUCATIONAL EXPERIENCE WITHIN A CHRISTIAN COMMUNITY OF SERVICE AND WORSHIP. 0 0 25578776 2361591 25882101 DURING THE FISCAL YEAR ENDED JUNE 30, 2014, PARISH EPISCOPAL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,110 STUDENTS IN GRADES PRESCHOOL THROUGH TWELFTH GRADE. 25578776 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 1 0 0 1 88 1 1 388 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARK KIRKPATRICK 9722398011 4101 SIGMA ROAD DALLAS TX 75244 CHRISTOPHER RAY BOARD OF TRUSTEES - CHAIR 1.00 X X 0 0 0 BUD APPLEBAUM BOARD OF TRUSTEES 1.00 X 0 0 0 ANDREA MAYFIELD BOARD OF TRUSTEES - SECRETARY 1.00 X X 0 0 0 CHRISTINE ASHMORE DIRECTOR 1.00 X 0 0 0 ED BOWMAN DIRECTOR 1.00 X 0 0 0 RON DENHEYER DIRECTOR 1.00 X 0 0 0 TIM ELLER BOARD OF TRUSTEES - VICE CHAIR 1.00 X X 0 0 0 HOLLYE FISK DIRECTOR 1.00 X 0 0 0 DREW KOECHER DIRECTOR 1.00 X 0 0 0 JAY MADRID DIRECTOR 1.00 X 0 0 0 STEVE MCDONALD BOARD OF TRUSTEES - TREASURER 1.00 X X 0 0 0 KATHY PERSHERN DIRECTOR 1.00 X 0 0 0 RANDY POLKA DIRECTOR 1.00 X 0 0 0 BILL RADEMACHER DIRECTOR 1.00 X 0 0 0 JOHN SCULLY DIRECTOR 1.00 X 0 0 0 LYNN SMITH DIRECTOR 1.00 X 0 0 0 LUCY LONG WELCH DIRECTOR 1.00 X 0 0 0 WARREN WHITE DIRECTOR 1.00 X 0 0 0 MICHAEL WEINMAN DIRECTOR 1.00 X 0 0 0 NANCY HUNT BOARD OF TRUSTEES EMERITA 1.00 X 0 0 0 ALLEN MEYER BOARD OF TRUSTEES EMERITUS 1.00 X 0 0 0 BETH GERWE DIRECTOR 1.00 X 0 0 0 KIMBERLY RICH DIRECTOR 1.00 X 0 0 0 CHRIS AYRES BOARD OF TRUSTEES - SENIOR WARDEN 40.00 X 0 0 0 THE REV CASEY SHOBE BOARD OF TRUSTEES - EX-OFFICIO 40.00 X 0 0 0 DAVID MONACO HEAD OF SCHOOL 40.00 X 321700 0 59515 J MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 40.00 1.00 X 160064 0 13419 MICHELLE M LYON PROVOST & HEAD OF UPPER SCHOOL 40.00 X 134525 0 13170 MARCI MCLEAN CHIEF ADVANCEMENT OFFICER 40.00 1.00 X 114091 0 9096 ELIZABETH DEMAREST HEAD OF LOWER SCHOOL 40.00 X 105308 0 11096 835688 0 106296 5 0 1 0 SAGE DINING SERVICE INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 713350 LIPPE CONSTRUCTION SERVICES INC 216 JAMES ST ROANOKE TX 76262 CONSTRUCTION CONTRACTOR 385784 ENTRUST ONE 11142 SHADY TRAIL DALLAS TX 75229 CLEANING SERVICE 343871 CLIMATEC LLC DEPT 730047 PO BOX 660919 DALLAS TX 752660919 BUILDING HVAC 226776 STONEWOOD ENTERTAINMENT LLC 4120 STONEWOOD CIRCLE MIDLOTHIAN TX 76065 ENTERTAINMENT PROCURER 194220 5 70873 283671 159942 1938705 180895 2453191 TUITION & FEES 611110 23917879 23917879 CAFETERIA 722210 812337 812337 ENRICHMENT PROGRAMS 611699 755635 755635 AFTERNOON PREK 611110 241390 241390 CHILD DEVELOPMENT CENTER 624410 154265 154265 25881506 81072 81072 645 50 595 595 595 358436 283671 471250 -112814 -112814 58900 34731 24169 24169 431274 240283 190991 3459 187532 28518710 25882101 3459 179959 2361591 2361591 835688 352428 483260 12946877 11649138 1017356 280383 435613 365654 58845 11114 1673041 1421089 212946 39006 934382 803770 102085 28527 72790 72790 73661 73661 18 18 910468 835336 75132 106329 15557 90772 278570 39003 239567 89517 89517 2092716 2008883 73712 10121 131269 131269 821790 801245 16436 4109 2890671 2818404 57814 14453 212870 201984 8709 2177 INSTRUCTION 1321755 1321755 DEVELOPMENT 221463 1811 126693 92959 SECURITY 214088 213650 350 88 BANK FEES 84533 35106 49427 287699 201103 85679 917 28997399 25578776 2934769 483854 15884203 18527245 2757197 2392635 1752756 907935 118284 255425 916161 733708 59458178 25517133 35261451 33941045 158258 175363 1356116 58204426 56933356 1988430 1624164 16472032 16688243 25374958 24568044 75971 87809 43911391 42968260 X 9520999 9148709 4772036 4816387 14293035 13965096 58204426 56933356 -478689 150750 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22162274 181380 1476418 159942 71755 66187 23522188 11704389 10294660 327694 121414 43055 22162274 0.91000 0.01000 0.08000 0 1 1 2607000 2607000 46639405 20040541 26598864 9907332 5386227 4521105 304441 90365 214076 33941045 DEFERRED COMPENSATION PAYABLE 87809 87809 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND THEREFORE NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAXES IN THE FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR FISCAL 2014 AND 2013. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAXES. MANAGEMENT HAS EVALUATED THE SCHOOL'S FEDERAL AND STATE TAX POSITIONS AND BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO FILE AN ANNUAL INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE SCHOOL FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION WITHIN THE UNITED STATES AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PARISH PUBLISHES A NONDISCRIMINATORY AD IN THE DALLAS MORNING NEWS EACH YEAR TO COMPLY WITH ITS NONDISCRIMINATORY POLICY. ITS POLICY IS ALSO DISCLOSED ON THE ENROLLMENT APPLICATION AND ON ITS WEBSITE. ANNUAL GALA 425769 275461 150308 0 0 35493 96519 37333 117613 SPOOKY SATURDAY 30102 7295 22807 0 0 0 0 14388 4161 1 33601 0 33601 0 9693 0 0 0 17003 489472 282756 206716 9693 35493 96519 51721 138777 332203 -125487 58900 0 34731 0 0 0 58900 34731 34731 24169 TX 0 PARISH EPISCOPAL SCHOOL IS NOT REQUIRED TO HOLD A LICENSE TO CONDUCT THE RAFFLE ACTIVITY ASSOCIATED WITH THE ANNUAL GALA. 0 1 0 0.75000 0.25000 AMY ARIAGNO 4101 SIGMA ROAD DALLAS TX 75244 0 AMY ARIAGNO 0 ASSISTS THE PARENTS ORGANIZATION IN ACCOUNTING ACTIVITIES AND OTHER ADMINISTRATIVE TASKS NECESSARY TO CARRYON THE RAFFLE ACTIVITY AND REPORT ITS RESULTS. X 0 0 1 FINANCIAL ASSISTANCE PROVIDED TO STUDENTS 156 2361591 FMV TUITION SCHEDULE I, PART I, LINE 2 ALL FINANCIAL ASSISTANCE GRANTS ARE PROVIDED AS A DISCOUNT TO TUITION WHICH IS BILLED FOR EACH STUDENT. CASH IS NOT PROVIDED TO THE GRANTEE. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 DAVID MONACO HEAD OF SCHOOL 279995 0 30000 0 11705 0 41667 0 17848 0 381215 0 0 0 J MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 160064 0 0 0 0 0 6434 0 6985 0 173483 0 0 0 SCHEDULE J, PART I, LINE 1A BONUS PAYMENTS MADE TO DAVID MONACO, HEAD OF SCHOOL, ARE SUBJECT TO GROSS UP/TAX INDEMNIFICATION. DAVID MONACO IS ALSO PROVIDED A DISCRETIONARY BUDGET TO BE USED FOR THE ADVANCEMENT OF THE SCHOOL'S GOALS, OBJECTIVES AND MISSION IN THE BROADER COMMUNITY. SCHEDULE J, PART I, LINE 4 EFFECTIVE JULY 1, 2011, DAVID MONACO, HEAD OF SCHOOL, IS AWARDED A SPECIAL GRANT EACH YEAR FOR THE NEXT TEN YEARS WHICH VESTS IN YEAR 10. FOR THE FISCAL YEAR ENDED JUNE 30, 2014, THE SCHOOL RECORDED $32,073 IN EXPENSES RELATED TO THE SPECIAL GRANT. THE CUMULATIVE DEFERRED LIABILITY AT JUNE 30, 2014 IS $87,809. A RED RIVER EDUCATION FINANCE CORPORATION 752791247 2010-12-30 27325000 PROVIDE EDUCATION FACILITIES FOR USE AT THE FARMERS BRANCH, TX CAMPUS 0 0 0 A 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 BILLIE STANTON FORMER TRUSTEE 23341 PURCHASE OF APPAREL 0 CHRISTOPHER GEYMULLER FORMER TRUSTEE 3890 SECURITY MONITORING & SERVICE 0 HAROLD MACDOWELL FORMER TRUSTEE 201918 CAMPUS MAINTENANCE & SERVICE 0 X 1 6316 SELLING PRICE X PES EVENTS & 302 99644 SELLING PRICE X TRAVEL, MEALS 83 46353 SELLING PRICE X JEWELRY 43 19283 SELLING PRICE X HOUSEHOLD ITE 30 9299 SELLING PRICE 0 1 1 PART I, LINE 32B: THE SCHOOL HIRES AUCTION SOURCE TO ORGANIZE AND TRACK THE SALE AND PROCEEDS FROM THE NON-CASH ITEMS SOLICITED AT THE GALA. AN AUCTIONEER IS ALSO HIRED TO CONDUCT THE LIVE AUCTION AT THE EVENT. THERE IS ALSO AN ONLINE AUCTION THAT TAKES PLACE APPROXIMATELY 2 WEEKS PRIOR TO THE GALA THAT IS HANDLED BY AUCTION ANYTHING. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE RISK MANAGEMENT COMMITTEE PRIOR TO FILING. THE FORM 990 IS ALSO MADE AVALIABLE TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ORIGINALLY APPROVED BY THE BOARD IN 1998 AND WAS MOST RECENTLY AMENDED IN 2007. THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS AND IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL. THE POLICY REQUIRES THE BOARD MEMBER TO ATTEST THEY HAVE NOT HELD ANY OFFICE OR DIRECTORSHIP OR HAVE A PERSONAL FINANCIAL INTEREST, DIRECTLY OR INDIRECTLY, IN ANY CORPORATION, PARTNERSHIP OR ENTITY WHICH TRANSACTS BUSINESS WITH PARISH EPISCOPAL SCHOOL (THE SCHOOL), THEY DO NOT INDIVIDUALLY TRANSACT ANY BUSINESS, DIRECTLY OR INDIRECTLY, WITH THE SCHOOL AND ARE NOT RELATED TO ANY INDIVIDUAL IN THE EMPLOY OF THE SCHOOL OR DOING BUSINESS WITH THE SCHOOL. AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS OUTLINED IN HIS 3 YEAR CONTRACT. EACH YEAR THE EXECUTIVE BOARD REVIEWS THE HEAD OF SCHOOL'S PERFORMANCE AND GOALS AND AN ANNUAL MERIT ADJUSTMENT IS MADE TO HIS COMPENSATION. THE CHIEF FINANCIAL OFFICER'S COMPENSATION IS BASED UPON EXPERIENCE UPON HIRE AND RECEIVES THE MERIT INCREASE FOR STAFF AS ESTABLISHED ANNUALLY BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE SCHOOL COMMUNITY (EMPLOYEES, VOLUNTEER LEADERSHIP, TRUSTEES)BUT NOT THE GENERAL PUBLIC OUTSIDE THE SCHOOL COMMUNITY. FORM 990, PART XII, LINE 2C: THE FINANCIAL REPORTING OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PARISH DAY SCHOOL ENDOWMENT FUND INC 4101 SIGMA ROAD DALLAS TX 75244 752264376 FUND RAISING TX 501(C)3 LINE 11B, II N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE PARISH DAY SCHOOL ENDOWMENT FUND INC C 159942 CASH