2015-11-11T16:44:20-06:00 2015-06-30 EISNERAMPER LLP 111 WOOD AVE SO STE 600 ISELIN NJ 088302700 990 2014-07-01 221487185 Far Brook School % DONNA CHAHALIS FARB 9733793442 52 Great Hills Road Short Hills NJ 07078 BOB KELLY TREASURER 9733793442 2015-10-15 true RICHARD A SACKIN P00184276 7322437000 2014 2016-02-25 16:41:14Z TOMMASO ZANOBINI 52 GREAT HILLS ROAD short hills NJ 07078 15847837 false X www.farbrook.org X 1948 NJ CO-ED INDEPENDENT DAY SCHOOL PROVIDING EDUCATION TO STUDENTS IN GRADES NURSERY THROUGH GRADE 8. 17 16 86 300 0 1462612 1909654 6985823 7749378 95157 189869 45843 13382 8589435 9862283 712610 926686 0 0 5937510 6033825 100352 28452 405482 1462817 1831165 8213289 8820128 376146 1042155 17429684 22483230 1492262 5595383 15937422 16887847 CO-EDUCATIONAL INDEPENDENT DAY SCHOOL PROVIDING EDUCATION TO STUDENTS IN GRADES NURSERY THROUGH GRADE 8. OUR PURPOSE IS TO CREATE A SUPPORTIVE AND CARING COMMUNITY THAT CHERISHES LOVE OF LEARNING, CREATIVITY, AND INDIVIDUALITY. false false 6576550 926686 7781256 EDUCATION - A FAR BROOK EDUCATION TAKES PLACE IN AN ENVIRONMENT OF NATURAL BEAUTY AND INTIMACY, WHERE CHARACTER AND CITIZENSHIP ARE VALUED AS MUCH AS ACHIEVEMENT, PROCESS AS MUCH AS PRODUCT. IMPLICIT IN OUR PHILOSOPHY IS THE GOAL OF BRINGING STUDENTS TO THEIR HIGHEST LEVEL OF ACADEMIC AND PERSONAL COMPETENCY, BOTH FOR THEIR PRESENT AND IN PREPARATION FOR THEIR FUTURE EDUCATION. IT IS OUR DESIRE TO TOUCH THE LIFE OF EVERY CHILD SO THAT HE OR SHE MAY LIVE LIFE WISELY AND WITH GREAT JOY. GRANTS-FAR BROOK AWARDS FINANCIAL AID TO QUALIFIED FAMILIES. THESE REPRESENT A DIRECT REDUCTION IN TUITION CHARGES AND PAYMENTS OTHERWISE OWED TO THE SCHOOL. THEY DO NOT TAKE THE FORM OF PAYMENTS TO THE RECIPIENTS. 6576550 true true false false false false false false false true true false false false false true true false true false false false false true true false false false true true false false false false false false false false true false false false false false false false false true 63 0 86 true false false false false false false false false false false false X 17 16 false false false false true true true true true false false true true true true true true true true false X X DONNA CHAHALIS 9733793442 52 GREAT HILLS ROAD Short Hills NJ 07078 X Mary Sue Fisher Trustee 5.0 0.0 X 0 0 0 Leah Kronthal Trustee 5.0 0.0 X 0 0 0 Tony Stovall Vice Chair 5.0 0.0 X X 0 0 0 Carmine Fanelle trusteee 5.0 0.0 X 0 0 0 Chris Susko Trustee 5.0 0.0 X 0 0 0 Tom Kligerman Trustee 5.0 0.0 X 0 0 0 Michelle Swittenberg Secretary 5.0 0.0 X X 0 0 0 Bradford Wiley II Trustee 5.0 0.0 X 0 0 0 Tommaso Zanobini Chair 10.0 0.0 X X 0 0 0 Anne-Marie Kim Trustee 5.0 0.0 X 0 0 0 Elyse N Post Trustee 5.0 0.0 X 0 0 0 Marybeth Leithead Trustee 5.0 0.0 X 0 0 0 Robert Kelly Treasurer 5.0 0.0 X X 0 0 0 Krissy Mannello Trustee 5.0 0.0 X 0 0 0 CHRIS BURNS TRUSTEE 5.0 0.0 X 0 0 0 Kate Hewitt Trustee 40.0 0.0 X 60280 0 9934 Marc Schwartz Trustee 5.0 0.0 X 0 0 0 Amy Ziebarth Head of School 50.0 0.0 X 305962 0 68829 Donna Chahalis Dir. of Business and Finance 50.0 0.0 X 160180 0 17421 Paula Levin DIR OF LOWER SCHOOL 50.0 0.0 X 138292 0 14789 Mary E Lacey Dir. of Admissions 50.0 0.0 X 111464 0 21298 SUZANNE GLATT DIR OF DEVELOPMENT 50.0 0.0 X 117836 0 18730 Art Gannon Plant Supervisor 40.0 0.0 X 148392 0 21164 1042406 0 172165 6 false true false CENTERBROOK ARCHITECTS 67 MAIN STREET CENTERBROOK CT 06409 DESIGN OF BUILDINGS 342529 E ALLEN REEVES INC 1145 OLD YORK ROAD PO BOX 0289 ABINGTON PA 19001 CONSTRUCTION 3658613 2 X 51046 1858608 35618 1909654 TUITION AND FEES 611710 7562950 7562950 TRANSPORTATION FEES 611710 8750 8750 AFTER SCHOOL PROGRAM 611710 127678 127678 SPORTS PROGRAM 611710 28000 28000 MINI-CAMP SUMMER PROGRAM 611710 22000 22000 7749378 168560 168560 0 0 0 0 5988367 5967058 21309 21309 21309 51046 18496 -18496 -18496 0 0 OTHER INCOME 900099 31878 31878 31878 9862283 7781256 171373 0 926686 926686 0 0 388500 76000 312500 0 4179360 3074860 858500 246000 308893 209150 86080 13663 792118 631424 147428 13266 364954 251690 93092 20172 0 22301 22301 9175 9175 0 28452 28452 20722 20722 0 41159 22853 18306 169240 78999 73906 16335 99347 76731 14777 7839 0 473072 437622 27835 7615 0 0 57125 45760 9490 1875 455 455 0 294259 239092 47334 7833 73770 73770 SCHOOL SUPPLIES, TRIPS 240228 240228 TRANSPORTATION 46750 46750 FOOD 62145 62145 AFTER SCHOOL PROGRAM 98250 98250 123167 81163 17878 24126 8820128 6576550 1838096 405482 X 3770545 3534014 0 0 3192595 2729458 2466 2825 0 0 0 0 0 0 0 0 321665 347970 14425501 4000766 4810159 10424735 4401118 5444228 931136 0 0 0 0 0 0 0 17429684 22483230 342051 1824286 0 0 882211 871097 0 0 0 0 0 0 100000 2900000 0 0 168000 0 1492262 5595383 X 7946231 9505407 4317255 3681811 3673936 3700629 15937422 16887847 17429684 22483230 1042155 -91730 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5444826 79693 45400 199562 5370357 5023213 26909 587721 193017 5444826 4690150 34721 431264 132922 5023213 4806021 14283 39446 43181 126419 4690150 4317936 23004 629879 42582 122216 4806021 0.17000 0.69000 0.14000 false false 73300 73300 6559419 3652625 2906794 441555 348141 93414 7351227 7351227 10424735 0 0 X 8841641 -91730 -926686 -1018416 9860057 20722 -18496 2226 9862283 7891216 18496 18496 7872720 20722 926686 947408 8820128 PART V, LINE 4: ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE SCHOOL MUST HOLD IN PERPETUITY AS WELL AS BOARD-DESIGNATED FUNDS. THE INVESTMENT OBJECTIVE OF THE ENDOWMENT FUNDS IS TO EARN AN EXPECTED RETURN THAT WILL (I) COVER THE DESIRED ANNUAL ALLOCATION TO THE OPERATING BUDGET (AS DETERMINED BY THE BOARD OF TRUSTEES), EXPECTED INFLATION, AND INVESTMENT FEES AND (II) PROVIDE LONG-TERM PRINCIPAL APPRECIATION. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2015 AND 2014, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY DISCLOSURE IN THE FINANICAL STATEMENTS. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX-RELATED INTEREST AND PENALTIES RECORDED FOR YEAR ENDED JUNE 30, 2015 AND 2014. PART XI, LINE 2D: FINANCIAL AID: 926,686 PART XI, LINE 4B: SPECIAL EVENT EXPENSE: 18,496 PART XII, LINE 2D: SPECIAL EVENT EXPENSE: 18,496 PART XII, LINE 4B: FINANCIAL AID: 926,686 true true true true true true true false false false false false false false false false false true PART 1, LINE 3 THE SCHOOL PUBLISHES ITS RACIALLY NON-DISCRIMINATORY POLICY IN LOCAL NEWSPAPERS. X X X X X X true Graham-Pelton Campaign Consulting false 1323596 18249 1305347 1323596 18249 1305347 Auction 51046 51046 18496 0 51046 51046 18496 18496 -18496 true Financial Aid 46 926686 PART 1, LINE 2 FINANCIAL AID IS GRANTED TO STUDENTS ACCORDING TO NEED WHICH IS DETERMINED BY AN APPLICATION PROCESS. X X X false false false false false false false false false Amy Ziebarth Head of School 293462 0 5000 0 7500 0 30537 0 38292 0 374791 0 0 Donna Chahalis Dir. of Business and Finance 160180 0 0 0 16700 0 721 0 177601 0 0 Paula Levin DIR OF LOWER SCHOOL 138292 0 0 0 14075 0 714 0 153081 0 0 Art Gannon Plant Supervisor 98392 0 0 50000 0 9000 0 12164 0 169556 0 0 Schedule J, Part II Non-taxable benefits for Amy Ziebarth consist of life and disability insurance and tuition remission. Non-taxable benefits for Donna Chahalis and Paula Levin consist of life and disability insurance. Non-taxable benefits for Art Gannon consist of health insurance and life and disability insurance. X 11 35618 FAIR MARKET VALUE false true true SCHEDULE M, PART I, LINE 32b FAR BROOK SCHOOL USES A BROKER TO SELL DONATED SECURITIES. FORM 990, PART I, Line 1: OUR PURPOSE IS TO CREATE A SUPPORTIVE AND CARING COMMUNITY THAT CHERISHES LOVE OF LEARNING, CREATIVITY, AND INDIVIDUALITY. FORM 990, PART VI,SECTION A, Line 6: THE SCHOOL'S MEMBERS ARE THE PARENTS AND LEGAL GUARDIANS OF THE CHILDREN ENROLLED IN THE SCHOOL. FORM 990, PART VI, SECTION A, Line 7A: THESE MEMBERS ELECT THE BOARD OF TRUSTEES ANNUALLY. FORM 990,PART VI, SECTION A, Line 7B: THE SCHOOL'S BYLAWS PROVIDE MEMBERS WITH THE RIGHT TO VOTE WITH RESPECT TO (A) THE ELECTION AND RECALL OF TRUSTEES; (B) AMENDMENTS TO THE BYLAWS; AND (C) AMENDMENTS TO THE CERTIFICATE OF INCORPORATION. FORM 990, PART VI, SECTION B, Line 11: THE AUDIT COMMITTEE AND TREASURER REVIEW THE 990 AND RECOMMENDS FOR BOARD APPROVAL. FORM 990, PART VI, SECTION B, Line 12C: THE BOARD HAS A CONFLICT OF INTEREST POLICY FOR ITS MEMBERS WHICH REQUIRES WRITTEN DISCLOSURE EACH YEAR OF ACTUAL AND POTENTIAL CONFLICTS BASED ON DEFINITIONS CONTAINED IN THE POLICY. THERE IS AN ONGOING OBLIGATION TO UPDATE DISCLOSURES IF CIRCUMSTANCES CHANGE. FORM 990, PART VI, SECTION B, Line 15: THE BOARD REVIEWS AND SETS COMPENSATION FOR THE ORGANIZATION'S HEAD. THE BOARD AND MANAGEMENT REVIEW AND SET COMPENSATION FOR ALL OTHER POSITIONS IN A PROCESS THAT CONSIDERS COMPARABLE PAY DATA. FORM 990, PART VI, SECTION C, Line 19: THE ORGANIZATION MAKES ITS ANNUAL REPORT, WHICH INCLUDES FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO ITS MEMBERS UPON REQUEST. FORM 990, PART XII, Line 2C: THERE HAVE BEEN NO CHANGES TO THESE PROCESSES DURING THE TAX YEAR.