2014-05-15T08:14:34-05:00 2013-06-30 651083521 Holyfield & Thomas LLC 125 Butler Street West Palm Beach FL 33407 990 2012-07-01 591276282 The Pine School Inc F/K/A St Michaels Independent School PINE 7726757005 12350 SE Federal Highway Hobe Sound FL 33455 MICHAEL BAUM 7726757005 2014-05-12 1 David J Thomas P00002419 5616896000 X 2012 2015-11-30 17:44:51Z Michael Baum 12350 SE Federal Highway Hobe Sound FL 33455 9443198 0 X www.thepineschool.org X 1969 FL The Pine School, inc. is a non-profit, nondenominational day school providing a college preparatory education to children ages 3 years old through grade 12. 32 32 109 350 0 0 515362 568565 6431688 7675819 -289535 2622 931828 904480 7589343 9151486 0 1176359 0 0 5090445 4617705 0 0 104109 4674748 3267390 9765193 9061454 -2175850 90032 1637789 1609199 2540494 2421872 -902705 -812673 X The mission of the Pine School is to promote academic excellence within a challenging, supportive, and moral environment that fosters the development of mind, body, and spirit. 0 0 7399241 1176359 7675819 The Pine School is a college preparatory nonsectarian day school which provides a superior college preparatory education for children of pre-school age through 12th grade by providing instruction and student activities. Average enrollment is over 500 students. Accomplishments include:Two scholarship programs-the "Pine School Scholarship Program" is awarded to students judged to be academically strong. The "patriot scholarship program" is awarded to students of veterans and qualify on a financial needs basis.Academic program-staffed by learning specialists that develop a child's learning profile which includes the student's strengths and natural interests. The student support team develops a plan that matches the student's specific academic ability, developmental level and intellectual potential.Fine arts program-The Pine School is passionate about arts education. We believe that every student who attends our school should have a chance to develop their artistic talents. We encourage creativity and collaboration and will continue to offer opportunities for our students to contribute to our school and community through their artistic expressions.Athletic program-The Pine School athletic program emphasizes the value of physical activity, good sportsmanship, fitness for life, and the joy of athletic competition.Other events and accomplishments include food fairs, book fairs, concerts, golf tournament, fund raising auctions, etc. 7399241 1 1 0 0 0 0 1 0 0 0 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 48 0 1 109 1 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X Larry Pittman 7726757005 12350 SE Federal Highway Hobe Sound FL 33455 Michael Baum 4.00 X X 0 0 0 Debbie Textor 4.00 X X 0 0 0 Michael DiEgidio 4.00 X X 0 0 0 Ottie McCullum III 2.00 X X 0 0 0 Michael Mortell 2.00 X 0 0 0 Bridget Baratta 2.00 X 0 0 0 Cris Brandon 2.00 X 0 0 0 Leslie Davies 2.00 X 0 0 0 John Freenan 2.00 X 0 0 0 Greg Gardner 2.00 X 0 0 0 Kate Gilbert 2.00 X 0 0 0 Jeff Hardin 2.00 X 0 0 0 Jim Hauslein 2.00 X 0 0 0 Dr Marianne Ireland 2.00 X 0 0 0 Robert Leidy 2.00 X 0 0 0 Stephen Leighton 2.00 X 0 0 0 John Loesser 2.00 X 0 0 0 Don Mader 2.00 X 0 0 0 Ted Mortell 2.00 X 0 0 0 Heather Posey 2.00 X 0 0 0 Chad Quist 2.00 X 0 0 0 Alex Ralicki 2.00 X 0 0 0 Mary Reynolds 2.00 X 0 0 0 Paul Shirley 2.00 X 0 0 0 Ramsey Small 2.00 X 0 0 0 Lisa Afshar 2.00 X 0 0 0 Carla Lucas 2.00 X 0 0 0 Dale Hudson 2.00 X 0 0 0 Alita Reed 2.00 X 0 0 0 Robert Rimer 2.00 X 0 0 0 Stuart Tenney 2.00 X 0 0 0 Lynda Whitfield 2.00 X 0 0 0 Casey Cummings 2.00 X 0 0 0 Stephen Mandell 40.00 X 221000 0 2019 Phyllis B Parker 40.00 X 114562 0 4583 335562 0 6602 2 0 1 0 0 81274 487291 166521 568565 Tuition & Fees Revenue 611600 7675819 7675819 7675819 2622 2622 15340 15340 0 0 290449 81274 270242 20207 20207 15746 6130 9616 9616 Auxiliary Income 611710 585271 585271 Agency Revenues 611710 179319 179319 Other Revenues 611710 60067 60067 50000 50000 874657 9151486 7675819 0 907102 1176359 1176359 158183 131369 23847 2967 3817255 3170173 575474 71608 80836 67133 12187 1516 252907 210037 38126 4744 308524 256226 46511 5787 5070 5070 26019 26019 31843 31843 320907 320907 817 817 27953 27953 230974 230974 Teaching/School Supplie 728884 728884 Lunch Program 459943 459943 Repairs & Maintenance 342042 322995 19047 Electric 224657 224657 868281 623512 227282 17487 9061454 7399241 1558104 104109 126 200 1249599 1201570 155373 100000 27905 102895 57074 72016 651914 553076 114032 98838 33680 33680 1637789 1609199 350079 408442 2118473 1981170 40000 30000 31942 2260 2540494 2421872 X -1159014 -1125233 256309 312560 -902705 -812673 1637789 1609199 90032 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 26755 15862 10893 107786 30105 77681 517373 507109 10264 98838 Leases Payable 2260 2260 X 8138637 627 162882 163509 7975128 1176358 1176358 9151486 8048605 627 162883 163510 7885095 1176359 1176359 9061454 Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: During fiscal year 2011, the School adopted FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. This pronouncement seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. It prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position which an entity takes or expects to take in a tax return. An entity may only recognize or continue to recognize tax positions which meet a "more likely than not" threshold. The School assesses its income tax positions based on management's evaluation of the facts, circumstances and information available at the reporting date. The School uses the prescribed "more likely than not" threshold when making its assessment. At adoption, the School did not record any cumulative effect adjustment, and the School did not accrue any interest expense or penalties related to tax positions. There are currently no open federal or state tax years under audit. There is currently no unrelated business taxable income for tax year 2011. Part XI, Line 2d - Other Adjustments: Special Fundraising Event Expenses 141,412. Cost of Goods Sold 6,130. Rental Expenses 15,340. Part XI, Line 4b - Other Adjustments: Tuition Discounts 1,176,359. Rounding -1. Part XII, Line 2d - Other Adjustments: Special Fundraising Event Expenses 141,413. Cost of Goods Sold 6,130. Rental Expenses 15,340. Part XII, Line 4b - Other Adjustments: Tuition Discounts 1,176,359. 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 The school places a newspaper ad prior to the registration of the students for the upcoming school year which includes a statement to the effect the enrollment policies are nondiscriminatory as to race, creed, national origin or gender. Auction 210102 81274 128828 208149 Other Events 161621 161621 62092 371723 81274 290449 270241 270241 20208 1 Tuition Discounts 26 245539 Financial Aid and Scholarships 110 930820 X 0 0 0 0 0 0 0 0 0 Stephen Mandell 221000 0 0 0 0 0 2019 0 0 0 223019 0 0 0 X 13 21815 Estimate X 2 21663 Public Exchange X 8 7563 Retail Value X Entertainment Tickets 94 86824 Retail Value X Misc. Houshold Goods 1 8735 Thrift Store Value X Printed Literature 12 8458 Retail Value X Gardening Supplies 1 6038 Retail Value X Auto Supplies 4 430 Retail Value X Jewelry 7 1446 Retail Value 0 0 1 Third Party Use: Part I, Line 32b: An auctioneer was hired. "Bid Pal", a digital auction software was used to process all purchases. Form 990, Part VI, Section A, line 6 The Pine School is a not-for-profit school governed by a board of trustees. Form 990, Part VI, Section B, line 11 A copy of form 990 is not made available to the board of directors before filing. Form 990, Part VI, Section B, line 12c The governance committee and executive committee monitor and enforce the policy. Form 990, Part VI, Section B, line 15 The compensation levels are determined by the board using the national association of independent schools compensation records as a benchmark. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statement etc. Available upon request. AUDIT REPORT REVIEW PROCESS part xii line 2b The audit report is reviewed at the annual audit report review meeting as presented by the independent auditor. The process has not changed from the prior year. NUMBER OF VOLUNTEERS PAGE 1 LINE 6 The number of volunteers (350) does not include the number of uncompensated members of the board. They are show separately on page one and labeled independent members of the board.