2014-02-14T10:39:24-06:00 2013-06-30 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2012-07-01 560729351 THE RALEIGH SCHOOL INC % HEATHER CAMPBELL RALE 9195460788 1141 RALEIGH SCHOOL DRIVE Suite RALEIGH NC 27607 ROBERT LICHTENSTEIN 9195460788 2014-02-11 true Ronald A Batchelor 9197878212 2012 2015-11-30 17:44:51Z BUD LICHTENSTEIN 1141 RALEIGH SCHOOL DR RALEIGH NC 27607 4124232 false X www.raleighschool.org X 1955 NC THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. 15 15 69 640 0 404760 267070 3471784 3638920 36045 86089 34257 29985 3946846 4022064 70175 87686 0 0 2459485 2529743 0 0 13070 1107745 1091499 3637405 3708928 309441 313136 11203423 11544137 6326737 6112984 4876686 5431153 THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. false false 1995912 78550 2729540 PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 264 CHILDREN. 566003 9136 776006 PROVIDED PRESCHOOL CLASSES FOR 178 CHILDREN UNDER THE AGE OF FIVE. 2561915 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true false true false false false false true false false false true false false false false false false false false true 25 0 true 69 true false false false false false true true false false false false X 15 15 false false true false true true false true true false false true true true true true true true true false X X X HEATHER CAMPBELL 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 JENNIFER FERRIS 2.0 X 0 0 0 CRAIG LUPTON-SMITH 2.0 X 0 0 0 CHASE HADDIX 2.0 X 0 0 0 TODD EVESON 1.0 X 0 0 0 MANAL EL-RAMLY 1.0 X 0 0 0 NICOLE SPECTOR 1.0 X 0 0 0 SANDY WOOD 1.0 X 0 0 0 DAVID WOODARD 1.0 X 0 0 0 BYINNA CROWDER 1.0 X 0 0 0 BRIAN MULQUEEN 1.0 X 0 0 0 LISA PATEL 1.0 X 0 0 0 NICKY DUNLAP 1.0 X 0 0 0 ARTEMIS NEWMAN 1.0 X 0 0 0 JENNIFER DEARMAN 1.0 X 0 0 0 MAUREEN SAWCHAK 1.0 X 0 0 0 ROBERT LICHTENSTEIN 40.0 X 140770 0 9691 ELIZABETH GILLELAND 40.0 X 72325 0 15893 MARY GOLDEN 40.0 X 68545 0 15073 HEATHER CAMPBELL 30.0 X 56162 15884 337802 0 56541 1 false true false 0 26316 240754 55062 267070 TUITION 900099 3249679 3249679 REGISTRATION & FEES 611710 196959 196959 SUMMER CAMP 900099 64886 64886 EXTENDED CARE 900099 127396 127396 3638920 85931 85931 0 0 0 0 0 2900 2742 158 158 158 127229 26316 99426 27803 27803 0 0 MISC. REVENUE 900099 2182 2182 2182 4022064 3511524 243470 0 87686 87686 0 0 412843 412843 0 1663185 1474157 189028 127155 112052 15103 177925 146774 31151 148635 105522 43113 0 0 27054 27054 0 0 35982 11626 24356 12721 10362 2359 21372 21372 145726 87018 58708 32573 23125 9448 0 194843 138327 56516 0 0 0 117073 117073 0 366640 260292 106348 24081 17096 6985 TEACHER EDUCATION 18393 18393 SUMMER CAMP 10890 10890 EVERYDAY MATHEMATICS & PHONICS 12410 12410 DUES & SUBSCRIPTIONS 15396 15396 56345 30789 12486 13070 3708928 2561915 1133943 13070 0 0 3623507 3982398 3184 11328 23343 20587 0 0 0 0 0 0 0 0 52660 43178 7837361 3040957 5014015 4796404 2193290 2440669 0 0 0 0 0 0 293424 249573 11203423 11544137 554981 409197 0 0 2197992 2259240 3500000 3400000 0 0 0 0 0 0 0 0 73764 44547 6326737 6112984 X 4832916 5383708 10512 13987 33258 33458 4876686 5431153 11203423 11544137 X 313136 183653 57678 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 305916 200 32288 338404 306213 468 -765 305916 228921 32790 44502 306213 0 250000 -21079 228921 0 0 0.86275 0.09887 0.03838 false false 0 714772 714772 0 6514631 2677427 3837204 0 583626 362841 220785 0 24332 689 23643 4796404 0 DEFERRED COMPENSATION 44547 44547 X 4112053 183653 -93664 89989 4022064 4022064 3615264 3615264 93664 93664 3708928 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED IN 2010 TO SUPPORT FIVE KEY AREAS - FINANCIAL AID, TEACHER ENRICHMENT, FACILITIES MAINTENANCE, TECHNOLOGY AND PROGRAMS CONSISTENT WITH THE SCHOOL'S MISSION INCLUDING ACADEMICS, ART, MUSIC, LANGUAGE, PHYSICAL EDUCATION, AND SOCIAL AND EMOTIONAL DEVELOPMENT. RECONCILIATION OF REVENUE SCHEDULE D, PART XI LINE 2D: $(87,686) FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $(5,978) OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $(93,664) RECONCILIATION OF EXPENSES SCHEDULE D, PART XII LINE 4B: $87,686 FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS + $5,978 OFFICER TUITION REMISSION & DISCOUNTS NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS = $93,664 UNCERTAIN TAX POSTIONS UNDER FIN 48 (ASC 740) SCHEDULE D, PART X, LINE 2 MANAGEMENT OF THE SCHOOL DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX YEARS ENDED JUNE 30, 2010 THROUGH JUNE 30, 2013 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES AS OF THE DATE OF THIS REPORT. true true true true true true true false false false false false false false false false false true RACIALLY NODISCRIMINATORY POLICY SCHEDULE E PART I QUESTION 3 NON-DISCRIMINATORY POLICY IS ADVERTISED IN AREA-WIDE PUBLICATIONS WHEN SOLICITATION FOR ENROLLMENT IS MADE. LUNCH 43531 43531 41223 CARNIVAL 32590 32590 19706 5 77424 26316 51108 38497 153545 26316 127229 41223 58203 99426 27803 true FINANCIAL AID 29 87686 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES PART I, LINE 2: THE RALEIGH SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANT'S FINANCIAL INFORMATION. THIS SERVICE IS PROVIDED BY TADS. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO TADS FOR PROCESSING. A SUMMARY REPORT OF THE FAMILY FINANCIAL INFORMATION IS SENT TO THE RALEIGH SCHOOL. ONCE THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. X X X X X false false false false false false false false false ROBERT LICHTENSTEIN 140770 0 0 0 2253 0 8036 0 151059 0 0 0 A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PEJ4 2006-06-15 4000000 FINANCE OF EDUCATIONAL FACILITIES true false false A 0 0 4000000 0 0 2047923 143332 0 0 1808745 0 0 2007 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false false false true true BB&T 25.2 false false false 0 false false A true - 5978 TUITION DISCOUNT EMPLOYEE BENEFIT X CISCO SOFTWARE LICENSES 1 55062 FMV false false false SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS FORM 990, PART VI, LINE 4: The School made the following significant changes to its bylaws: 1. Removed requirement that trustees must be active members of the school. 2. Officers of the trustees no longer have to be members of the school. 3. Resignations from the board will no longer require acceptance by the board in order to be effective. 4. The Board Chair is now permitted to vote other than in cases where it is necessary to break a tie. 5. Officers will be elected and appointed by the Board rather than elected by members. 6. Officers must be trustees. 7. A new article was added that provided indemnification for board of trustees, officers and employees of the School. ORGANIZATION'S MEMBERS AND THEIR POWER TO ELECT THE GOVERNING BODY FORM 990, PART VI, LINES 6 & 7A: As outlined in the school's by-laws, members of The Raleigh School's governing structure or Board of Trustees are elected by "Active Members" of the organization. This election is held at the school's Annual Meeting. Active Members are comprised of all current parents, lawful guardians, foster parents, and employees of the school. FORM 990 REVIEW FORM 990, PART VI, LINE 11B: THE FORM 990 WAS GIVEN TO THE BOARD FINANCE COMMITTEE FOR REVIEW. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C: THE SCHOOL HAS A CONFLICT OF INTEREST POLICY. IT IS PART OF NEW BOARD TRAINING AND IS INCLUDED IN THE BOARD'S TRAINING MANUAL. THE CONFLICT OF INTEREST POLICY IS RENEWED AND SIGNED ANNUALLY. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15: THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION FOR THE HEAD OF SCHOOL. COMPENSATION IS SET AFTER CONSIDERING BENCHMARKS INCLUDING DATA FROM INDEPENDENT SCHOOL ORGANIZATIONS (NCAIS AND SAIS) AND VIEWING PEER SCHOOL FORM 990S ON-LINE. THE HEAD OF SCHOOL SETS SALARIES FOR DIVISION DIRECTORS USING SIMILAR BENCHMARKS. MAKING DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19: GOVERNING DOCUMENTS ARE AVAILABLE ON-LINE. FORM 990 IS AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE AND ON-LINE AT GUIDESTAR. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL TRUSTEES AND IS AVAILABLE TO THE PUBLIC AT THE SCHOOL'S OFFICES. THE MONTHLY FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF TRUSTEES. THE TREASURER REPORTS TO THE BOARD OF TRUSTEES DURING MONTHLY BOARD MEETINGS. SUPPLEMENTAL INFORMATION ON TAX-EXEMPT BONDS SCHEDULE K, PART II, LINE 7: ISSUANCE COSTS FROM PROCEEDS CONSISTS OF PROCEEDS OF $80,000 USED FOR BOND ISSUANCE COSTS AND PROCEEDS OF $63,332 USED FOR CREDIT ENHANCEMENT. RECONCILIATION OF CHANGE IN NET ASSETS FORM 990, PART XI, LN 9: UNREALIZED GAIN ON CASH FLOW HEDGE