2014-12-02T13:50:27-06:00 2014-06-30 131459550 WEISERMAZARS LLP 135 WEST 50TH STREET NEW YORK NY 10020 990 2013-07-01 112611384 THE BERKELEY CARROLL SCHOOL BERK 7185346579 152 STERLING PLACE BROOKLYN NY 11217 ROBERT D VITALO HEAD OF SCHOOL 7185346579 2014-11-20 1 JEFFREY KATZ P00428732 2128127000 2013 2015-11-30 17:44:51Z X ROBERT D VITALO 152 STERLING PLACE BROOKLYN NY 11217 34860824 0 X WWW.BERKELEYCARROLL.ORG X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. 24 23 412 100 0 0 1420741 1930210 29430866 32421097 188790 198075 32554 126345 31072951 34675727 4042736 4257308 0 0 17445977 18965595 0 0 1397872 9174310 10643537 30663023 33866440 409928 809287 53379632 55309999 35660311 36249540 17719321 19060459 X THE BERKELEY CARROLL SCHOOL IS A DYNAMIC COMMUNITY SUSTAINED BY A PASSION FOR LEARNING WHERE THE RELATIONSHIP BETWEEN STUDENT AND TEACHER IS PARAMOUNT. THE SCHOOL OFFERS STUDENTS STIMULATING AND RIGOROUS PROGRAMS IN THE LIBERAL ARTS AND SCIENCES, THE CREATIVE ARTS, AND PHYSICAL EDUCATION. TEACHERS CREATE LEARNING EXPERIENCES THAT FOSTER INTELLECTUAL CURIOSITY AND IMAGINATION GROUNDED IN DISCIPLINED STUDY. A PASSION FOR LEARNING IS AT THE HEART OF BERKELEY CARROLL. OUR DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE PREPARE OUR DIVERSE GRADUATES FOR SUCCESS IN COLLEGE AND FOR THE GREATER ENDEAVOR - A LIFE OF CRITICAL, ETHICAL AND GLOBAL THINKING. 0 0 29745077 4257308 31227839 THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 904 STUDENTS IN THE 2013/2014 YEAR. 527148 824899 THE SCHOOL OFFERS TWO SUMMER PROGRAMS THAT RUN FROM JULY THROUGH AUGUST OF EACH YEAR. EACH PROGRAM HAD APPROXIMATELY 180-300 CHILDREN IN THE 2013/2014 YEAR. 368887 393719 THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASSES TO ITS STUDENTS AND THE COMMUNITY. 30641112 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 103 0 1 412 1 0 0 0 0 0 1 1 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROBERT ISABELLA 7185346588 152 STERLING PLACE BROOKLYN NY 11217 STEPHANIE HOLMES CHAIR 10.00 X X 0 0 0 MITCH KORBEY SECRETARY 10.00 X X 0 0 0 LYDIA DENWORTH TRUSTEE 3.00 X 0 0 0 GREGORIO MAYERS TRUSTEE 3.00 X 0 0 0 CHRIS BOCKELMANN TRUSTEE 3.00 X 0 0 0 AMY BENDER VICE CHAIR 10.00 X X 0 0 0 SUSAN MARCINEK TRUSTEE 3.00 X 0 0 0 STACEY RIESS TRUSTEE 3.00 X 0 0 0 ERIC CHAPMAN TRUSTEE 3.00 X 0 0 0 MARK CHEFFO TRUSTEE 3.00 X 0 0 0 MARK FRIEDMAN TRUSTEE 3.00 X 0 0 0 SHIRLEY HEDDEN TRUSTEE 3.00 X 0 0 0 MIKE MILLER TRUSTEE 3.00 X 0 0 0 SHAWN V AUSTIN TRUSTEE 3.00 X 0 0 0 CLAIRE HSIANG MARX TRUSTEE 3.00 X 0 0 0 JAMIE PRINCIPE TRUSTEE 3.00 X 0 0 0 JAY RAO TRUSTEE 3.00 X 0 0 0 CHRISTINA SHANE TRUSTEE 3.00 X 0 0 0 GEORGE SWEETING TRUSTEE 3.00 X 0 0 0 MOLLY TOLL-REED TRUSTEE 3.00 X 0 0 0 CHRISTOPHER PETERS TRUSTEE 3.00 X 0 0 0 JOSEPH POLIZZOTTO TRUSTEE 3.00 X 0 0 0 MICHAEL WEAVER TRUSTEE 3.00 X 0 0 0 CHRIS WELCH TREASURER 3.00 X X 0 0 0 ROBERT D VITALO HEAD OF SCHOOL 60.00 X 500587 0 52196 ROBERT ISABELLA CHIEF FINANCIAL OFFICER 60.00 X 210073 0 21574 BRANDON CLARK DIR COL.COUN. & GLBL ED. 50.00 X 139091 0 16598 ARUNIE DIAS CONTROLLER 50.00 X 129879 0 14568 DAVID EGOLF LS DIRECTOR 50.00 X 141090 0 18869 JAMES SHAPIRO MS DIRECTOR 50.00 X 132772 0 21446 SUZANNE FOGARTY US DIRECTOR 50.00 X 132056 0 17375 1385548 0 162626 11 0 1 0 ARCHSTONE BUILDERS LLC 240 WEST 30TH STREET NEW YORK NY 10001 CONTRACTOR 1181218 FLIK INTERNATIONAL CORP PO BOX 417632 BOSTON MA 022417632 FOOD SERVICES 675675 DATA TREND CORP 87 WEST LAKESHORE DRIVE ROCKAWAY NJ 07866 IT CONTRACTOR 174795 DONATO INC PLUMBING & HEATING 92 TOPSIDE LANE STATEN ISLAND NY 103092826 PLUMBER 160710 SEAMUS HENCHI & ASSOCIATES INC 145 HUDSON STREET NEW YORK NY 10013 OWNERS REP 143005 8 247910 304344 1377956 1930210 STUDENT TUITION 611600 30685338 30685338 AUXILIARY SERVICES 900099 1616104 1616104 FEES/FINANCE CHARGES 900099 119655 119655 32421097 198075 198075 18851 4835 14016 14016 14016 20554 20554 0 246677 247910 159708 86969 86969 OTHER 900099 25360 25360 25360 34675727 32446457 0 299060 4257308 4257308 1622863 1453473 85743 83647 14004968 12543165 739943 721860 745094 667323 39367 38404 1501195 1344504 79315 77376 1091475 977550 57667 56258 99877 99877 61157 61157 324615 251662 49903 23050 81776 79785 1991 719791 608714 52349 58728 269695 244044 15339 10312 1486119 1243340 156586 86193 477155 461363 15190 602 1392891 1253602 97502 41787 2976059 2678453 208324 89282 336183 302565 20171 13447 INSTRUCTION 1763249 1763249 PROFESSIONAL DEVELOPMEN 254412 238407 12548 3457 SCHOOLWIDE EVENTS 160486 58288 17935 84263 OTHER 138718 112963 16549 9206 101354 101354 33866440 30641112 1827456 1397872 1301827 548324 4195938 4861175 1317084 770504 259369 212410 443866 397828 54785205 14481650 38575978 40303555 6423771 7715348 861799 500855 53379632 55309999 2834237 2307500 5456153 6354601 25380000 25807200 1320000 1562721 887439 35660311 36249540 X 12101670 14056061 2547408 1825967 3070243 3178431 17719321 19060459 53379632 55309999 X 809287 966085 -434234 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5905499 152245 482727 9298 6531173 5059402 541803 389939 85645 5905499 3254396 1843913 49871 84278 4500 5059402 2975380 164995 198837 36292 43441 5083 3254396 2792060 116968 164904 7066 86841 4645 2975380 0.32110 0.48670 0.19220 0 0 2136000 2136000 49077180 12779004 36298176 3471076 1702646 1768430 100949 100949 40303555 INTEREST RATE SWAP AGREEMENT 646025 CAPITAL LEASE OBLIGATION 241414 887439 X 30955105 966085 -429399 536686 30418419 4257308 4257308 34675727 29613967 4835 4835 29609132 4257308 4257308 33866440 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS TO BE USED FOR PROVIDING FINANCIAL AID FOR NEED BASED STUDENTS, PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, AND TO SUPPORT OTHER INSTRUCTIONAL PROGRAMS. PART X, LINE 2: THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY THE RESPECTIVE TAXING AUTHORITIES FOR THE YEARS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME UNREALIZED LOSS ON INTEREST RATE SWAPS PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE EMPLOYEE HANDBOOK AND STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN ANNUAL GRANT FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION BASED ON THE NUMBER OF STUDENTS ATTENDING. AUCTION 424826 200565 224261 82150 50997 GOLF OUTING 69761 47345 22416 21565 4996 1 494587 247910 246677 103715 55993 159708 86969 1 STUDENT AID 208 4257308 PART I, LINE 2: STUDENT AID IS AWARDED ON AN ANNUAL BASIS, BASED ON THE NEED OF THE FAMILY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN GRANTING AID: PARENTS START THE APPLICATION PROCESS BY SUBMITTING AN APPLICATION TO TADS (TUITION AID DATA SERVICES) WHICH PROVIDES AN INDEPENDENT OPINION OF AN APPROPRIATE NEED-BASED AWARD AMOUNT TO THE SCHOOL. THE SCHOOL'S FINANCIAL AID COMMITTEE THEN REVIEWS THE APPLICATION AND OTHER RELEVANT DOCUMENTATION, ALONG WITH THE RECOMMENDATIONS BY TADS, AND DETERMINES THE FINANCIAL AID AMOUNT TO BE AWARDED TO EACH STUDENT. ONCE AID IS GRANTED, THE FAMILY IS SENT AN EMAIL BY THE ADMISSIONS DEPT. INFORMING THEM OF THE AID THAT HAS BEEN GRANTED TO THEM. THE AID IS THEN PRINTED ON THE STUDENT'S CONTRACT WHICH IS SENT TO THE FAMILY THAT SHOWS THE AID THAT IS APPLIED TO STUDENT'S TUITION, REDUCING THE TOTAL AMOUNT OF TUITION TO BE PAID FOR THE YEAR. X X X X X X 0 0 0 0 0 0 0 0 0 ROBERT D VITALO HEAD OF SCHOOL 500587 0 0 0 0 0 45300 0 6896 0 552783 0 0 0 ROBERT ISABELLA CHIEF FINANCIAL OFFICER 210073 0 0 0 0 0 14952 0 6622 0 231647 0 0 0 BRANDON CLARK DIR COL.COUN. & GLBL ED. 139091 0 0 0 0 0 9847 0 6751 0 155689 0 0 0 DAVID EGOLF LS DIRECTOR 141090 0 0 0 0 0 10037 0 8832 0 159959 0 0 0 JAMES SHAPIRO MS DIRECTOR 132772 0 0 0 0 0 14550 0 6896 0 154218 0 0 0 A BUILD NYC RESOURCE CORPORATION 455311842 2014-06-03 25380000 0 0 0 A 25380000 500854 14900000 10480000 2013 0 0 1 1 A 0 0 0 1 1 1 CITIZENS BANK 10.000000000000 0 0 0 0 0 CHRISTOPHER WELCH DIRECTOR BRIDGE LOAN X 1859836 0 0 1 1 PART II BRIDGE LOAN REPAID WITH PROCEEDS FROM BOND FINANCING. INTEREST ON LOAN DURING THE YEAR AMOUNTED TO $43,355. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED FORM 990 IS APPROVED BY THE HEAD OF SCHOOL, BOARD CHAIR AND THE TREASURER. THE FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY OF THE SCHOOL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY STATEMENT. DURING ROUTINE REVIEWS OF THE VENDOR CONTRACTS BY THE CFO AND HEAD OF THE SCHOOL, COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS ENSURED. FORM 990, PART VI, SECTION B, LINE 15 WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS TO BE PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED. IN ADDITON, AN INDEPENDENT CONSULTANT IS HIRED TO PROVIDE INDEPENDENT RESEARCH AND COMPARABILITY DATA. THE SCHOOL'S LAW FIRM GETS INVOLVED IN PROVIDING EXACT LANGUAGE FOR THE CONTRACT, AMOUNTS AND METHODS OF COMPENSATION. ALL OTHER EMPLOYMENT CONTRACTS ARE DETERMINED BY THE HEAD OF SCHOOL WHO REFERS TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND MARKET COMPARABILITY DATA WHEN DECIDING ON ALL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES COPIES OF ITS GOVERNING DOCUMENTATION, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP -434,234.