2014-05-14T09:38:49-05:00 2013-06-30 383635706 REHMANN ROBSON LLC 5070 NORTH HIGHWAY A1A SUITE 250 VERO BEACH FL 32963 990 2012-07-01 591059214 SAINT EDWARD'S SCHOOL INC SAIN 7722316731 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 JEFF BASS 7722316731 2014-05-09 1 DEBORAH A CRUM CPA P00282890 7722348484 2014-05-05 2012 2015-11-30 17:44:51Z MICHAEL MERSKY HEAD OF S 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 14931055 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. 16 16 225 200 135334 -59165 1831287 3814486 10974387 10594947 667802 147230 172035 182290 13645511 14738953 1898909 1865744 0 0 5961067 6074176 0 0 488480 4990896 5023370 12850872 12963290 794639 1775663 31342763 30885197 14758890 11894964 16583873 18990233 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 8962204 1865744 10239117 ST. EDWARD'S SCHOOL PROVIDES EDUCATION FOR PRIMARY, INTERMEDIATE AND SECONDARY STUDENTS. APPROXIMATELY 472 STUDENTS WERE SERVED. 311034 276558 ST. EDWARD'S SCHOOL PROVIDES SEVERAL AUXILIARY SERVICES SUCH AS A SUMMER CAMP PROGRAM, RECREATIONAL/CLUB SWIM TEAM, TUTORIAL CENTER, AND EXTENDED DAY CARE. 9273238 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 0 0 1 0 0 0 0 0 0 0 0 1 81 0 1 225 1 1 1 0 0 0 0 1 1 0 0 X 16 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 2.00 X 0 0 0 RONALD L EDWARDS 8.00 X X 0 0 0 KATHRYN WOODY 2.00 X 0 0 0 MISTY MINTON 8.00 X X 0 0 0 REV GREGORY O BREWER 2.00 X 0 0 0 SUSAN MORRISON 2.00 X 0 0 0 TREY SMITH 2.00 X 0 0 0 BRIAN BAREFOOT 2.00 X 0 0 0 JEFF BASS 8.00 X X 0 0 0 KATHRYN FABER 2.00 X 0 0 0 TERESA WINSLOW 2.00 X 0 0 0 ALLISON PROCTOR 8.00 X X 0 0 0 SUSAN TEMPLE 2.00 X 0 0 0 RON CHESLEY 2.00 X 0 0 0 JOHN HURYN 2.00 X 0 0 0 ROBERT RITTER 2.00 X 0 0 0 MICHAEL MERSKY 40.00 X 291779 0 25617 BRUCE WACHTER 40.00 X 124419 0 9974 KEIRA MURPHY 40.00 X 107626 0 34704 ANNE STORCH 40.00 X 113565 0 9386 637389 0 79681 4 0 1 0 SODEXO INC PO BOX 536922 ATLANTA GA 303536922 MAINTENANCE 629354 SENECA DATA DISTRIBUTORS PO BOX 10245 ALBANY NY 122015245 COMPUTERS 204943 TULIP TRAVEL INC 2 POTTERS COURT GREAT NECK NY 11024 TRAVEL AGENT 173707 APPLE INC PO BOX 281877 ATLANTA GA 303841877 COMPUTERS 115580 4 292696 3521790 200905 3814486 TUITION & FEES 611110 10182340 10182340 AUXILIARY SERVICES - EXEMPT 611110 141224 141224 OTHER SOURCES 611110 136049 136049 AUXILIARY SERVICES - TAXABLE 713990 135334 135334 10594947 148738 148738 7230 8738 -1508 -1508 -1508 254322 292696 128094 126228 126228 100621 55270 45351 45351 RENTAL INCOME 531190 10711 10711 10711 14738953 10515675 135334 273458 1865744 1865744 273182 204886 68296 4927038 3416595 1239117 271326 211278 148511 62767 238753 167823 70930 423925 264795 111914 47216 13977 13977 43132 43132 66030 66030 148926 11925 137001 166955 166955 454165 454165 118 118 67527 67527 1147027 664703 456969 25355 500772 17526 483246 OUTSOURCED MANAGEMENT E 998348 998348 ATHLETIC - SPORTS 284979 284979 PARENTS ASSOCIATION PRO 170414 170414 DISCREATIONARY FUND 129951 129951 831049 443277 311485 76287 12963290 9273238 3201572 488480 700 253921 7046016 2604718 319156 287589 36064 23229 58266 66581 33647316 16333141 18334597 17314175 5173081 9971517 374883 363467 31342763 30885197 488029 289381 3501742 2770607 10444711 8544711 324408 290265 14758890 11894964 X 10526407 11892247 2924359 3306382 3133107 3791604 16583873 18990233 31342763 30885197 1775663 630697 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 303763 1 1 5009787 661947 614698 173663 6112769 3964529 1261135 -77562 138315 5009787 3087042 504288 509335 136136 3964529 2869245 101416 255819 139438 3087042 3710579 11495 -711362 141467 2869245 1.00000 0 0 695256 695256 24008528 9075648 14932880 3686434 2654007 1032427 5257098 4603486 653612 17314175 RESERVE FOR LEARNING SUPPORT SERVICES 81338 GREEN TEEN COURT US 1044 BOOK RESERVE - LOWER SCHOOL 111254 BAND EQUIPMENT MAINTENANCE RESERVE 14284 MU ALPHA THETA CLUB FUNDS 3410 TABLET DEPOSITS 30889 RESERVE FOR LONG RANGE PLANNING 3993 RESERVE FOR WAXLAX CENTER 128 A/P-L/S DISCRETIONARY FUND 14719 A/P-M/S DISCRETIONARY FUND 3629 A/P-U/S DISCRETIONARY FUND 12344 RESERVE FOR LACROSSE 3250 STUDENT ACTIVITY-CLUB FUNDS 8939 SUPERFANS CLUB 662 RESERVE FOR HILTON/BUELL ART SCHOOL 50 GLOBAL AWARENESS CLUB 332 290265 X 13508090 630697 25051 655748 12852342 1886611 1886611 14738953 11101730 25051 25051 11076679 1886611 1886611 12963290 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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.IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," THE SCHOOL MUST CONSIDER WHETHER IT HAS ENGAGED IN ACTIVITIES THAT JEOPARDIZE ITS CURRENT TAX EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE. FURTHERMORE, THE SCHOOL MUST DETERMINE WHETHER IT HAS ANY UNRELATED BUSINESS INCOME, WHICH MAY BE SUBJECT TO US FEDERAL AND STATE INCOME TAXES. THE SCHOOL ANALYZES ITS FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. THE EVALUATION WAS PERFORMED FOR THE YEARS 2010 2013, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTION AS OF JUNE 30, 2013. THE SCHOOL ALSO 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 CONTINUED APPLICATION OF ASC TOPIC 740 HAS HAD NO SIGNIFICANT IMPACT ON THE SCHOOLS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 25,051. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,865,744. RECLASSIFICATION DIFFERENCE 20,867. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 25,051. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 1,865,744. RECLASSIFICATION DIFFERENCE 20,867. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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 FORT PIERCE TRIBUNE, 32963 MAGAZINE, STUART MAGAZINE, VERO BEACH MAGAZINE,LYRIC & SUNRISE THEATERS, AND WQCS & 93.7 RADIO STATIONS. ST. EDWARD'S ALSO ADVERTISES ON AN ANNUAL BASIS IN THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS HANDBOOK AND THE FLORIDA COUNCIL OF INDEPENDENT SCHOOLS HANDBOOK. ANNUL BENFIT 369776 292696 77080 7500 1500 65608 PARENTS ASSOCIATION 177242 177242 53486 547018 292696 254322 7500 1500 119094 128094 126228 0 FINANCIAL AID-EXISTING ST 90 1204724 BENEFIT- FACULTY SCHOLARS & FINANCIAL AID 43 661020 X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MICHAEL MERSKY 281475 0 0 0 10304 0 21111 0 4506 0 317396 0 0 0 X 10 200905 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.