2014-05-08T15:00:17-07:00 2013-06-30 990 2012-07-01 133603578 BIRCH WATHEN LENOX SCHOOL BIRC 2128610404 210 East 77th Street New York NY 10075 Ann Glickman 2128610404 2014-02-12 2012 2015-11-30 17:44:51Z Philip Sassower c/o 210 East 77th Street New York NY 10075 26162332 0 X bwl.org X 1991 NY Educational programs for students K-12th grade 14 14 214 200 0 0 1657722 1975088 22161109 23418564 14669 20294 284006 572770 24117506 25986716 3919999 4254525 0 0 14134863 14928621 900 0 483598 5835094 5680457 23890856 24863603 226650 1123113 35096683 37726104 21630230 23136538 13466453 14589566 Educational programs for students K-12th grade 0 0 17403965 4254525 23418564 Elementary and secondary education: Provided quality, nurturing education for 580 students K through 12. 0 0 0 17403965 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 1 214 1 0 0 0 0 0 1 1 0 0 0 1 1 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 NY X The Birch Wathen Lenox School 2128610404 210 East 77th Street New York NY 10075 Diane McKoy 1 X 0 0 0 Judith DeCanio 1 X 0 0 0 Stephanie Kossar Stuart 1 X 0 0 0 Neil Benedict 1 X 0 0 0 Linda Weinman 1 X 0 0 0 Theza Griesman 5 X 0 0 0 Laurie Schwartz 1 X 0 0 0 Natasha Bell 1 X 0 0 0 Charles Dubow 1 X 0 0 0 Hayley Foster 1 X 0 0 0 David Israel 1 X 0 0 0 Frank Carnabuci 40 X X X 450000 0 0 Eileen Fisher 1 0 X 0 0 0 Stephen Cooper 5 X 0 0 0 Alana Frumkes 2 X 0 0 0 Margaret Lehman 5 X 0 0 0 Philip Sassower 5 X 0 0 0 Janine Hopley Karbon 40 X X 252681 0 0 Ann Glickman 40 X X 258819 0 0 Richard Pan 40 X X 177020 0 0 Susan Leonard 40 X 146041 0 0 Kevie Michael 40 X 155888 0 0 Curtis March 40 X 137887 0 0 1578336 0 0 25 0 1 0 0 0 0 0 0 138599 1836489 0 1975088 GROSS TUITIONS 611110 22428387 22428387 0 0 ACTIVITY AND LUNCH FEES 611110 990177 990177 0 0 0 0 0 0 23418564 20294 0 0 20294 0 0 0 0 0 0 0 0 194316 0 0 0 194316 0 194316 0 0 194316 0 0 385240 0 175616 209624 0 209624 168830 0 0 168830 168830 25986716 23418564 0 593064 X 0 0 4254525 4254525 0 0 0 0 1578336 0 1578336 0 0 0 0 0 10382201 7431581 2810326 140294 442684 275058 160611 7015 1667820 1036286 621534 10000 857580 568516 284064 5000 30592 30592 43500 43500 94019 50000 44019 541160 329223 140648 71289 572380 277253 295127 68831 68831 89090 89090 432694 295939 136755 1557194 1065046 492148 69348 69348 STUDENT ACTIVITY COSTS, LUNCH, ATHLETICS 1685836 1685836 0 0 BAD DEBT 250000 0 0 250000 ADMISSIONS OFFICE 45612 45612 0 0 INSTITUTIONAL COSTS 80350 0 80350 0 119851 0 119851 0 24863603 17403965 6976040 483598 8994006 12932524 2000000 2000000 1401967 1289936 714106 589441 135423 170971 34941718 15415507 20591358 19526211 63701 75643 1196122 1141378 35096683 37726104 1359618 1386038 5650462 7689180 13975000 13585000 0 645150 476320 21630230 23136538 X 12209693 13772059 944728 500475 312032 317032 13466453 14589566 35096683 37726104 1123113 0 0 0 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4312032 5000 1500 1500 0 0 4317032 4275613 36419 1500 1500 0 0 4312032 257740 4017873 1500 1500 0 0 4275613 253240 4500 1250 1250 0 0 257740 200000 53240 2690 2690 0 0 253240 0.93 0.07 0 0 0 0 2000000 2000000 0 28367524 15415507 12952017 0 3177062 0 3177062 0 1397132 0 1397132 0 0 0 0 19526211 0 SWAPS LIABILITY 476320 476320 X 21738977 0 0 0 -4247739 -4247739 25986716 0 0 0 25986716 20534694 0 0 0 -4328909 -4328909 24863603 0 0 0 24863603 SchD_P05_S00_L04 Schedule D, Part V, Line 4 $4,000,000 designated by Board as endowment. Remainder is donor-restricted endowment; interest to be spent on scholarship. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The School has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Periods ending June 30, 2010 and subsequent remain subject to examination by applicable taxing authorities. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d FINANCIAL AID NETTED AGAINST TUITION IN FINANCIAL STATEMENTS ($4,254,525). DIRECT COST OF SPECIAL EVENTS NOT NETTED AGAINST SPECIAL EVENTS INCOME IN FINANCIAL STATEMENTS (-$175,616). UNREALIZED GAIN ON DERIVATIVE INSTRUMENTS APPEARS AS OTHER CHANGE IN FINANCIAL STATEMENTS ($168,830). SchD_P12_S00_L02d Schedule D, Part XII, Line 2d FINANCIAL AID NETTED AGAINST REVENUE IN FINANCIAL STATEMENTS ($4,254,525). BAD DEBT LOSS APPEARS AS OTHER CHANGE IN FINANCIAL STATEMENTS ($250,000). DIRECT COST OF SPECIAL EVENTS NOT NETTED AGAINST INCOME IN FINANCIAL STATEMENTS (-$175,616). 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The Birch Wathen Lenox School publishes its racially nondiscriminatory policy annually in a major New York City newspaper. Its policy is also published in all admissions materials. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The School receives aid for New York State Mandated Services. GALA 385240 200000 185240 0 0 78346 8100 38550 18251 0 0 385240 200000 185240 0 0 78346 8100 38550 18251 143247 41993 1 Scholarships awarded for academic excellence 12 247750 Tuition remission for employee children 19 733836 Need based scholarships 119 3272939 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The School grants these funds to cover the cost of tuition for individuals who need financial assistance, for children of School employees, and for individuals whose academic performance has merited a grant. The School requires periodic updates of financial information for individuals who receive need-based grants. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Frank Carnabuci 435331 0 0 0 0 0 0 0 46188 0 481519 0 0 0 Janine Hopley Karbon 223735 0 0 0 0 0 0 0 24068 0 247803 0 0 0 Ann Glickman 234890 0 0 0 0 0 0 0 43828 0 278718 0 0 0 Richard Pan 150259 0 0 0 0 0 0 0 37280 0 187539 0 0 0 Susan Leonard 135898 0 0 0 0 0 0 0 14883 0 150781 0 0 0 Kevie Michael 133596 0 0 0 0 0 0 0 15132 0 148728 0 0 0 Curtis March 152680 0 0 0 0 0 0 0 14340 0 167020 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The Headmaster receives a discretionary spending account in the amount of $6,000. Club dues at the Headmaster's university club are also paid by the School, in the amount of approximately $1,600. A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY THE BIRCH WATHEN LENOX SCHOOL 132906040 64971C3T9 2004-12-09 15750000 ADDITION TO SCHOOL BUILDING 0 0 0 A 0 0 0 5591 0 0 0 0 0 15744409 0 0 2005 0 0 1 1 A 0 1 0 0 0.02 0 0.02 1 0 0 A 0 0 0 1 1 1 TD BANK 2015 0 0 0 0 0 A 0 SchK_P04_S00_L02c Schedule K, Part IV, Line 2c There is no rebate liability. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 The School's Board chair and Board treasurer have an occasional business relationship. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Director of Finance prepares the return, and the independent auditor and the Headmaster review it. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The School's conflict of interest policy covers Trustees and key employees of the School. A committee designated by the Board of Trustees is responsible for reviewing potential conflicts of interest and determining whether conflicts exist. The policy states that "A voting member of the Board or of any committee who receives compensation, directly or indirectly, from the School or its affiliates for services is precluded from voting on any matters pertaining to that person's compensation." Forms are required to be signed by all Trustees and key employees on an annual basis outlining any possible conflict of interest. Vendor relationships are monitored by the Headmaster and the Chief Financial Officer of the School on an ongoing basis in order to identify any potential conflicts and refer them to the committee. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Headmaster compensation is decided upon by the full Board of Trustees, based on information about other Head salaries in comparable institutions. The decision is recorded in the minutes and transmitted in writing. This process was last undertaken in December 2009. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 We furnish these documents upon request. F990_P09_S00_L11g Form 990, Part IX, Line 11g EDUCATIONAL CONSULTANTS, ENGINEER, PENSION CONSULTANTS, BUILDING CODE CONSULTANTS F990_P09_S00_L24e Form 990, Part IX, Line 24e MISCELLANEOUS AN EXTENSION REQUEST UNTIL MAY 15, 2014 HAS BEEN FILED.