2014-05-14T09:18:54-05:00 2013-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2012-07-01 113752853 GRACE CHURCH SCHOOL GRAC 2124755609 86 FOURTH AVENUE NEW YORK NY 100035232 FRANK KAMENAR 2124755609 2014-05-14 1 ROBERT LYONS CPA P00227472 2125038800 2012 2015-11-30 17:44:51Z FRANK KAMENAR 86 FOURTH AVENUE NEW YORK NY 100035232 20400534 0 X WWW.GCSCHOOL.ORG X 2005 NY TO PROVIDE EXEMPLARY EDUCATION FOR CHILDREN REFLECTING THE ETHNIC, RELIGIOUS AND ECONOMIC DIVERSITY OF OUR DOWNTOWN COMMUNITY, REGARDLESS OF A FAMILY'S ABILITY TO PAY TUITION. 26 26 229 300 0 0 1475300 1583930 15036381 18513943 686000 0 132061 302661 17329742 20400534 2553303 3476026 0 0 10640251 13165110 0 0 204443 5118478 9843835 18312032 26484971 -982290 -6084437 52051500 55944256 52077320 62059495 -25820 -6115239 X TO PROVIDE EXEMPLARY EDUCATION FOR CHILDREN REFLECTING THE ETHNIC, RELIGIOUS AND ECONOMIC DIVERSITY OF OUR DOWNTOWN COMMUNITY, REGARDLESS OF A FAMILY'S ABILITY TO PAY TUITION. 0 0 24676158 3476026 18513943 GRACE CHURCH SCHOOL SEEKS A STUDENT BODY REFLECTIVE OF THE ETHNIC, RELIGIOUS AND ECONOMIC DIVERSITY OF OUR DOWNTOWN COMMUNITY AND MAINTAINS A POLICY OF NEEDS-BLIND ADMISSIONS. A STRUCTURED CURRICULUM, ENRICHED WITH BROAD OPPORTUNITIES FOR CREATIVE EXPRESSION, AIMS TO DEVELOP IN EACH CHILD MENTAL KEENNESS, PHYSICAL CONFIDENCE, PLEASURE IN LEARNING, AND THE SKILLS BASIC TO UNDERSTANDING ONE'S SELF AND THE WORLD. OUR STUDENTS ARE THOROUGHLY PREPARED IN ENGLISH, MATHEMATICS, FOREIGN LANGUAGES, SCIENCE, AND HISTORY. STUDIO ART, MUSIC EDUCATION, DRAMA AND PHYSICAL EDUCATION ARE INTEGRAL TO THE CURRICULUM. COMPUTER INSTRUCTION IS INTEGRATED WITH THE SCHOOL'S COURSE OF STUDY. IN 2012-13 THE SCHOOL SERVED 488 STUDENTS ON TWO CAMPUSES, THE EARLY CHILDHOOD AND ELEMENTARY DIVISIONS AT 86 FOURTH AVE, AND THE HIGH SCHOOL DIVISION AT 46 COOPER SQUARE. 24676158 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 28 0 229 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRANK KAMENAR CFO 2124755609 86 FOURTH AVENUE NEW YORK NY 100035232 DOUGLAS EVANS 3.00 X X 0 0 0 SARAH HINES 2.00 X X 0 0 0 ELLEN JEWETT 2.00 X X 0 0 0 CYNTHIA GRAHAM 2.00 X X 0 0 0 MELANIE WELLS 2.00 X X 0 0 0 LESLIE ABBEY 1.00 X 0 0 0 ELYCE ARONS 1.00 X 0 0 0 DANIEL BERGER 1.00 X 0 0 0 JAMES BERMAN 1.00 X 0 0 0 LEONA S CHAMBERLIN 1.00 X 0 0 0 TOM GENIESSE 1.00 X 0 0 0 KARIN GREENFIELD-SANDERS 1.00 X 0 0 0 MIYOUNG LEE 1.00 X 0 0 0 ASHLEY LEEDS 1.00 X 0 0 0 PAULA MADOFF 1.00 X 0 0 0 ROBERT MCCAIN 1.00 X 0 0 0 SANFORD M PELZ 1.00 X 0 0 0 SARA B QUEEN 1.00 X 0 0 0 KEVIN ROTHEROE 1.00 X 0 0 0 SCOTT SABBAGH 1.00 X 0 0 0 JENNIFER SEGRE-LAWRENCE 1.00 X 0 0 0 DENISE SHIRLEY 1.00 X 0 0 0 DOUGLAS SKRYPEK 1.00 X 0 0 0 RUSSEL STEINERT 1.00 X 0 0 0 MARGARET TOWLES 1.00 X 0 0 0 FELICIA WASHINGTON 1.00 X 0 0 0 GEORGE DAVISON 40.00 X 441621 0 73004 FRANK KAMENAR 40.00 X 203906 0 32600 CAROL COLLET 40.00 X 189743 0 34133 HUGO MAHABIR 40.00 X 180975 0 20036 BARBARA HANEY 40.00 X 174949 0 22084 JOYCE KUH 40.00 X 173463 0 32021 CHERYL KELLY 40.00 X 152808 0 27382 ARVIND GROVER 40.00 X 126970 0 14076 1644435 0 255336 19 0 1 0 0 1394513 189417 1583930 TUITION AND TRIP FEES 611710 18061100 18061100 ANCILLARY REVENUE 611710 366664 366664 APPLICATION FEES 611710 86179 86179 18513943 MISCELLANEOUS INCOME 900099 302661 302661 302661 20400534 18513943 0 302661 3476026 3476026 1449072 525489 860861 62722 9371390 8948402 363847 59141 624763 606941 14657 3165 1028713 980897 38549 9267 691172 602121 81197 7854 3595 3595 36500 36500 379019 371744 4627 2648 595385 561812 31943 1630 129100 124124 3252 1724 4667264 4631491 28059 7714 283340 283340 149323 144574 4749 673988 657674 12796 3518 1838447 1742113 75560 20774 120252 110384 6829 3039 FOOD COSTS 560891 515020 28810 17061 MISCELLANEOUS 242612 232891 6629 3092 PRINTING & PUBLICATIONS 82119 81543 366 210 STAFF REC. AND DEV. 82000 79572 1544 884 26484971 24676158 1604370 204443 11112296 12474263 466698 483493 472487 291464 53380389 13116377 37631445 40264012 2368574 2431024 52051500 55944256 3469290 2043631 7117041 8930891 19077083 18740000 11304643 16131515 11109263 16213458 52077320 62059495 X -25820 -6115239 -25820 -6115239 52051500 55944256 X -6084437 -4982 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24417754 804369 2865915 676000 27412038 23751617 811989 383457 419000 110309 24417754 20067010 1073320 3786687 693652 481748 23751617 17003162 1384077 2213071 336052 197248 20067010 18249498 2263852 -2887180 312840 307568 2600 17003162 0.51480 0.48520 0 1 1 1000000 1000000 34921438 7994956 26926482 11956115 2577271 9378844 4365264 2544150 1821114 1137572 1137572 40264012 DUE TO FRIENDS OF GRACE CHURCH SCHOOL 14581637 DEFERRED RENT 1631821 16213458 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUND PROVIDES AN ANNUAL INCOME OF 3% OF ITS MARKET VALUE AS OF THE PREVIOUS DECEMBER 31 FOR THE SUPPORT OF OPERATIONS, INCLUDING PROVIDING FINANCIAL AID TO CERTAIN STUDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE JUNE 30, 2010. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 GRACE CHURCH SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY ANNUALLY IN A NEWSPAPER, ON ITS WEBSITE, AND ON THE ADMISSIONS APPLICATION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 GRACE CHURCH SCHOOL IS A RECIPIENT OF A GRANT FROM THE NEW YORK STATE EDUCATION DEPARTMENT TO REIMBURSE NON-PUBLIC SCHOOLS FOR PERFORMING CERTAIN MANDATED SERVICES. 1 STUDENT FINANCIAL AID 111 3476026 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOOL GRANTED NEEDS-BASED FINANCIAL AID TO111 STUDENTS DURING THE YEAR ENDED JUNE 30, 2013. PARENTS ARE REQUIRED TO FILL OUT AN APPLICATION DEPICTING THEIR FINANCIAL POSITION ALONG WITH COPIES OF THEIR TAX RETURNS AND THE AMOUNT OF AID THEY ARE REQUESTING. A FINANCIAL AID COMMITTEE REVIEWS THE APPLICATIONS AND AWARDS THE GRANTS BASED ON VARIOUS CRITERIA. X 1 0 X X X 0 0 0 0 0 0 0 0 0 GEORGE DAVISON 441621 0 0 0 0 0 46288 0 26716 0 514625 0 0 0 FRANK KAMENAR 203906 0 0 0 0 0 22406 0 10194 0 236506 0 0 0 CAROL COLLET 189743 0 0 0 0 0 23939 0 10194 0 223876 0 0 0 HUGO MAHABIR 180975 0 0 0 0 0 9842 0 10194 0 201011 0 0 0 BARBARA HANEY 174949 0 0 0 0 0 21422 0 662 0 197033 0 0 0 JOYCE KUH 173463 0 0 0 0 0 21827 0 10194 0 205484 0 0 0 CHERYL KELLY 152808 0 0 0 0 0 17188 0 10194 0 180190 0 0 0 PART I, LINE 1A GEORGE DAVISON RECEIVES A FIXED HOUSING ALLOWANCE UNDER HIS EMPLOYMENT CONTRACT AND IS INCLUDED IN PART II, (B), (I). A NYCIDA 132906040 64971C8C1 2006-06-08 20000000 PURCH & CONST BLDGS 0 0 0 A 20000000 593092 19406908 2007 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 0 A 1 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NYCIDA DATE THE REBATE COMPUTATION WAS PERFORMED: 08/16/2011 FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS DISTRIBUTED TO THE AUDIT COMMITTEE AND FULL BOARD FOR REVIEW AND REPORTED ON AT THE FOLLOWING FULL BOARD MEETING PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD SECRETARY AT THE BOARD'S ANNUAL MEETING REQUESTS TRUSTEES TO SIGN THE STATEMENT AND RETURN FOR REVIEW AND FILING. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S CONTRACT IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD AND COMPARED TO A BENCHMARK OF COMPARABLE SCHOOLS. ALL OTHER TOP MANAGEMENT IS REVIEWED WITH THE BOARD CHAIR AND COMPARED TO COMPARABLE SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 A PRINTED COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -4,982. FRIENDS OF GRACE CHURCH SCHOOL INC 86 FOURTH AVENUE NEW YORK NY 10003 136226003 TO SUPPORT GRACE CHURCH SCHOOL NY 501(C)(3) 170 B 1 A VI 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 FRIENDS OF GRACE CHURCH SCHOOL INC C 1394513 BASED ON NEED OF THE SCHOOL FRIENDS OF GRACE CHURCH SCHOOL INC O 552872 BASED ON NEED OF THE SCHOOL FRIENDS OF GRACE CHURCH SCHOOL INC C 676000 BASED ON NEED OF THE SCHOOL