2015-11-10T10:35:05-06:00 2015-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2014-07-01 540914765 THE STEWARD SCHOOL CORPORATION STEW 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 LISA S DWELLE ASSOCIATE HEAD OF SCHOOL 8047403394 2015-11-06 1 KELLIANNE F BENSON P01345659 7043771678 2014 2016-02-25 16:41:14Z LISA S DWELLE 11600 GAYTON ROAD RICHMOND VA 23238 15478273 0 X WWW.STEWARDSCHOOL.ORG X 1972 VA THE STEWARD SCHOOL OFFERS A COLLEGE-PREPARATORY CURRICULUM DESIGNED TO HELP STUDENTS, JK THROUGH GRADE 12, OF VARYING ABILITIES REACH THEIR EDUCATIONAL GOALS. 23 23 319 400 0 0 914796 833471 13621400 13964695 79698 133923 410788 439925 15026682 15372014 1772880 1814080 0 0 9154055 8999452 0 0 364688 5758486 5606047 16685421 16419579 -1658739 -1047565 31553529 30255226 10284541 10079949 21268988 20175277 X THE STEWARD SCHOOL'S MISSION IS TO PREPARE EACH CHILD FOR COLLEGE AND FOR LIFE. OUR CORE CHARACTER VALUES ARE HONOR, RESPONSIBILITY, AND ACHIEVEMENT, BALANCED BY CARING AND RESPECT FOR ONE'S SELF AND FOR OTHERS. STEWARD IS COMMITTED TO SMALL CLASSES AND SMALL OVERALL SIZE, WHICH ALLOW FOR DISCOVERY AND DEVELOPMENT OF EACH STUDENT'S UNIQUE TALENTS AND PASSIONS, WHILE PROVIDING MORE OPPORTUNITIES FOR INDIVIDUAL PARTICIPATION. WE BELIEVE AN ENVIRONMENT WITH A DIVERSITY OF TALENTS, ABILITIES, CULTURES AND BACKGROUNDS PROVIDE THE RICHEST AND MOST FULLY ROUNDED EDUCATIONAL EXPERIENCE. 0 0 12436030 1814080 13608929 PROVIDES FORMAL INSTRUCTION FOR GRADES JK THROUGH 12 AND MAINTAINS A REGULAR FACULTY & CURRICULUM. ENROLLMENT IS APPROXIMATELY 614. 499330 505750 THE STEWARD SCHOOL PROVIDES AUXILIARY PROGRAMS TO BENEFIT OUR SCHOOL COMMUNITY. THESE PROGRAMS INCLUDE AFTER SCHOOL CARE, ENRICHMENT SERIES, AND INSTRUCTIONAL SUPPORT. 111972 116846 THE STEWARD SCHOOL PROVIDES SUMMER PROGRAMMING FOR THE GREATER RICHMOND AREA FOR CHILDREN IN RISING GRADES K-9 THROUGH OUR SUMMER EXPERIENCE PROGRAM. 13047332 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 319 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X MS LISA DWELLE 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 TIMOTHY S BURRESS DIRECTOR 1.00 X 0 0 0 MARION S CHENAULT DIRECTOR 1.00 X 0 0 0 TANYA M CUMMINGS DIRECTOR 1.00 X 0 0 0 MATTHEW J ERNST DIRECTOR 1.00 X 0 0 0 LAURA W FORNASH DIRECTOR 1.00 X 0 0 0 LARRY W FRENCH DIRECTOR 1.00 X 0 0 0 MELANIE M GOODPASTURE DIRECTOR 1.00 X 0 0 0 DEBORAH B HANGER DIRECTOR 1.00 X 0 0 0 STEVEN C HENDERSON DIRECTOR 1.00 X 0 0 0 WALTER J O'BRIEN JR DIRECTOR 1.00 X 0 0 0 J KIM PENBERTHY DIRECTOR 1.00 X 0 0 0 R JAY POLING DIRECTOR 1.00 X 0 0 0 SUSAN B SCOTT DIRECTOR 1.00 X 0 0 0 DONALD E STEEBER DIRECTOR 1.00 X 0 0 0 CHARLES V TERRY DIRECTOR 1.00 X 0 0 0 ANN-MARIE TREPP DIRECTOR 1.00 X 0 0 0 J NEIL TURNAGE DIRECTOR 1.00 X 0 0 0 SUSAN C TWINING DIRECTOR 1.00 X 0 0 0 ANNE C WOODFIN DIRECTOR 1.00 X 0 0 0 MARIA BRENT JONES CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 JAMES F STUTTS VICE CHAIRMAN OF THE BOARD 3.00 X X 0 0 0 LAWRENCE S EIBEN TREASURER 3.00 X X 0 0 0 FAISAL S QURESHI SECRETARY 3.00 X X 0 0 0 G DANIEL FRANK INTERIM HEADMASTER / PRESIDENT 40.00 X 186289 0 15278 KENNETH H SEWARD FORMER HEADMASTER / PRESIDENT 40.00 X 235358 0 8220 421647 0 23498 3 1 1 0 0 453655 379816 20736 833471 STUDENT TUITIONS 611600 12689462 12689462 STUDENT FEES 611600 1275233 1275233 13964695 137133 137133 69050 0 69050 69050 69050 1000 4210 -3210 -3210 -3210 206094 102049 104045 104045 SUMMER SKILLS PROGRAM 611710 116846 116846 OTHER 611710 54922 54922 PAYMENT PLAN FEE 611710 48555 48555 46507 46507 266830 15372014 14231525 0 307018 1814080 1814080 255001 198438 56563 7243484 5672041 1399776 171667 299623 234621 57901 7101 642428 503056 124147 15225 558916 437662 108008 13246 31797 31797 73492 73492 177425 44356 88713 44356 124844 124844 148988 74494 74494 1042136 920315 121821 84886 84886 181317 146807 34510 205919 181848 24071 1901005 1678786 222219 STUDENT SUPPORT SERVICE 665825 665825 INSTRUCTIONAL EXPENSE 342128 342128 STUDENT ACTIVITIES 158392 158392 EQUIP RENTAL & MAINTENA 86127 51676 34451 381766 121245 203991 56530 16419579 13047332 3007559 364688 1370694 1967174 48058 20525 152411 85331 10000 57045 59520 198295 147927 48748439 23297335 26806241 25451104 1456593 1532009 1454192 991636 31553529 30255226 1153904 928076 1779626 1741428 6805000 6805000 546011 605445 10284541 10079949 X 21264988 20151732 4000 23545 21268988 20175277 31553529 30255226 -1047565 -46146 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 181041 181041 38046508 15437477 22609031 6791892 4833408 1958484 3728998 3026450 702548 25451104 THE RICHMOND FUND 1532009 F 1532009 FUNDS HELD FOR OTHERS 94095 INTEREST RATE SWAP 314918 CAPITAL LEASE OBLIGATION 196432 605445 X PART X, LINE 2: THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AND ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR RELATED INTEREST AND PENALTIES AT JUNE 30, 2015 AND, ACCORDINGLY, NO LIABILITY IS ACCRUED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY TOWARDS STUDENTS IS ANNUALLY PUBLISHED THROUGH A PRINTED STATEMENT OF THE SCHOOL'S ADMINISTRATION POLICY IN THE LOCAL NEWSPAPER AND MAGAZINES. X X X X X GALA 118253 118253 55837 GOLF CLASSIC 53009 53009 22533 6 34832 34832 23679 206094 206094 102049 102049 104045 1 FINANCIAL AID 121 1113875 N/A TUITION REMISSION 38 667150 N/A PART I, LINE 2: PARENTS ARE REQUIRED TO COMPLETE A FINANCIAL AID APPLICATION AND SUBMIT SUPPORTING TAX DOCUMENTS IN ORDER TO RECEIVE FINANCIAL AID. THE FINANCIAL AID COMMITTEE REVIEWS ALL APPLICATIONS AND SUPPORTING DOCUMENTS. THE AMOUNT OF THE FINANCIAL AID IS APPLIED DIRECTLY TO A STUDENT'S BILLING ACCOUNT. THE STEWARD SCHOOL PROVIDES TUITION REMISSION FOR FULL-TIME FACULTY AND STAFF SUBJECT TO THE FOLLOWING POLICY: - IF THEIR HIRE DATE IS PRIOR TO JUNE 1, 2002, THE THEY ARE ELIGIBILE FOR FULL REMISSION FOR ALL CHILDREN; - IF THEIR HIRE DATE IS JUNE 1, 2002 - FEBRUARY 29, 2008, THEN THEY ARE ELIGIBLE FOR FULL REMISSION FOR FIRST CHILD, 50% REMISSION FOR SUBSEQUENT CHILDREN; - AND IF THEY WERE HIRED AFTER AFTER FEBRUARY 29, 2008, THEN THEY ARE ELIGIBLE FOR 50% REMISSION FOR ALL CHILDREN. X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 G DANIEL FRANK INTERIM HEADMASTER / PRESIDENT 186289 0 0 0 0 0 9625 0 5653 0 201567 0 0 0 KENNETH H SEWARD FORMER HEADMASTER / PRESIDENT 224768 0 0 0 10590 0 0 0 8220 0 243578 0 0 0 PART I, LINE 1A THESE BENEFITS ARE ONLY APPLICABLE TO THE HEADMASTER. THE HEADMASTER'S SPOUSE TRAVELED WITH HIM ON CERTAIN OCCASIONS, AND THE TRAVEL SERVED A BONA FIDE BUSINESS PURPOSE. IN ADDITION, THE DISCRETIONARY SPENDING ACCOUNT IS ONLY FOR UNBUDGETED SCHOOL ITEMS AND NOT FOR PERSONAL USE. PART I, LINE 4A KENNETH H. SEWARD, FORMER HEAD OF SCHOOL, RECEIVED 12 MONTHS OF SEVERANCE PAY FOLLOWING HIS LAST DAY ON JUNE 30TH, 2014. MR. SEWARD RECEIVED $235,358 IN HIS SEVERANCE PACKAGE DURING THE 12 MONTH SPAN FOLLOWING HIS DEPARTURE. A ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VA 541197472 2010-11-01 7255000 REFINANCE 0 0 0 A 7255000 138012 2010 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 1 BB&T 10.000000000000 0 0 0 0 0 A 1 73460 REMISSION (BASED ON SAME CRITERIA AS OTHER EMPLOYEES) TUITION ASSISTANCE FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS BY ALL TRUSTEES. IF A MATTER ARISES DURING THE YEAR THAT INVOLVES A POTENTIAL CONFLICT OF INTEREST FOR A TRUSTEE, THE TRUSTEE SHALL RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE WHICH INCLUDES THE CHAIR, VICE CHAIR OF THE BOARD AND THE FINANCE COMMITTEE CHAIR. THE COMMITTEE REVIEWS COMPARATIVE DATA FROM A COMPENSATION SURVEY OR STUDY IN SETTING HIS COMPENSATION. HIS COMPENSATION IS APPROVED BY THE COMPENSATION COMMITTEE PRIOR TO BEING SET. COMPENSATION IS REVIEWED ANNUALLY FOR ALL OFFICERS AND KEY EMPLOYEES. THE PERSONNEL COMMITTEE RECOMMENDS A GENERAL ANNUAL INCREASE FOR ALL EMPLOYEES. SPECIFIC AMOUNTS ARE DETERMINED BY THE HEADMASTER BASED ON THE ANNUAL INCREASE AND THE EMPLOYEE'S PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE STEWARD SCHOOL FOUNDATION 11600 GAYTON ROAD RICHMOND VA 23238 510251819 FOUNDATION/ SUPPORTING ORGANIZATION VA 501(C)(3) LINE 11A, I STEWARD SCHOOL CORPORATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE STEWARD SCHOOL FOUNDATION C 453655 ACTUAL AMOUNT PAID THE STEWARD SCHOOL FOUNDATION O 162900 ACTUAL AMOUNT PAID