2014-05-09T15:31:48-05:00 2013-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2012-07-01 131740484 RYE COUNTRY DAY SCHOOL RYEC 9149671417 POST ROAD CEDAR STREET RYE NY 10580 LEE FLANAGAN 9149671417 2014-05-09 1 FREDERICK H ROTHMAN P01275277 2128674000 2012 2015-11-30 17:44:51Z LEE FLANAGAN POST ROAD CEDAR STREET RYE NY 10580 55632204 0 X WWW.RYECOUNTRYDAY.ORG X 1922 NY RYE COUNTRY DAY SCHOOL IS A CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL DEDICATED TO PROVIDING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE TWELVE WITH A CHALLENGING PROGRAM USING BOTH TRADITIONAL AND INNOVATIVE APPROACHES. 25 25 320 92 0 0 3889148 4177066 30256943 31356601 458444 1056420 246864 154679 34851399 36744766 3871135 4049235 0 0 20702240 22076748 11990 9734 828354 8494907 8532587 33080272 34668304 1771127 2076462 100143361 104591289 12912820 13412836 87230541 91178453 X RYE COUNTRY DAY SCHOOL (THE SCHOOL) IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL OPERATES A COEDUCATIONAL COLLEGE PREPARATORY INDEPENDENT SCHOOL DEDICATED TO PROVIDING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE TWELVE WITH A CHALLENGING PROGRAM USING TRADITIONAL AND INNOVATIVE APPROACHES. THE SCHOOL HAS AN ENROLLMENT OF 887 STUDENTS. THE SCHOOL'S PRIMARY FUNDING IS THROUGH TUITION REVENUE, FEES AND CONTRIBUTIONS. 0 0 29378162 4049235 31356601 RYE COUNTRY DAY SCHOOL IS A HIGHLY COMPETITIVE COLLEGE PREPARATORY SCHOOL WHERE STUDENTS CONTINUE TO ACHIEVE OUTSTANDING RESULTS ON ADVANCED PLACEMENT EXAMS, AS WELL AS THE SATS AND ACTS. THE ACADEMIC EXCELLENCE, IN TURN, SUPPORTS A VERY SUCCESSFUL MATRICULATION RATE AT MANY OF THE NATION'S TOP COLLEGES AND UNIVERSITIES. RYE COUNTRY DAY SCHOOL HAS CONTINUED TO ENJOY A HEALTHY FINANCIAL POSITION AS A RESULT OF STRONG ADMISSIONS DEMAND, FULL ENROLLMENT, PRUDENT FINANCIAL MANAGEMENT AND GENEROUS FUNDRAISING SUPPORT. THIS HEALTHY FINANCIAL POSITION HAS ENABLED THE SCHOOL TO MAINTAIN ITS EXTENSIVE NEED-BASED FINANCIAL AID PROGRAM PROVIDES $4,049,235 TO 129 STUDENTS THROUGHOUT THE SCHOOL. THE SCHOOL HAS DEVELOPED A COMPREHENSIVE SCHOOL-WIDE DIVERSITY PLAN THAT IDENTIFIES DIVERSITY INITIATIVES, RECRUITMENT AND SUPPORT, PARENTS SUPPORT, SCHOOL LEADERSHIP, CURRICULUM FACULTY RECRUITMENT AND SUPPORT, PROFESSIONAL DEVELOPMENT AND COMMUNITY BUILDING. THERE CONTINUES TO BE A SIGNIFICANT PROGRESS IN EACH AREA AS THE SCHOOL COMPLETES THE FIFTH YEAR OF THE DIVERSITY PLAN. 29378162 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 52 0 320 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X ROBERT Z BRODY 9149254518 POST ROAD AND CEDAR STREET RYE NY 10580 SCOTT A NELSON 55.00 X 456672 0 211157 CYNTHIA MCCLINTOCK 3.00 X X 0 0 0 LEE FLANAGAN 3.00 X X 0 0 0 PETER CROWLEY 3.00 X X 0 0 0 KIM WAGMAN 1.00 X X 0 0 0 JANE ALPERT 1.00 X 0 0 0 MICHAEL CAVANAGH 1.00 X 0 0 0 KAREN COHN 2.00 X 0 0 0 HILLARY COMORA 1.00 X 0 0 0 FRANCESCA DUNN 2.00 X 0 0 0 GREGG FELTON 1.00 X 0 0 0 ALLEN GREEN 1.00 X 0 0 0 JEFF HAMMEL 1.00 X 0 0 0 RICHARD KIM 1.00 X 0 0 0 SANFORD LOEWENTHEIL 3.00 X 0 0 0 SARAH MARIANI 2.00 X 0 0 0 LAURA MATTSON 1.00 X 0 0 0 ERIC MEDOW 1.00 X 0 0 0 DENNIS PARKER 1.00 X 0 0 0 JUAN PUJADAS 1.00 X 0 0 0 ANN REESE 1.00 X 0 0 0 RODNEY REYNOLDS 1.00 X 0 0 0 ROBERT SALOMON 1.00 X 0 0 0 RONALD SCHLIFTMAN 1.00 X 0 0 0 ANDREA SULLIVAN 1.00 X 0 0 0 SHAYLA TITLEY 1.00 X 0 0 0 ROBERT Z BRODY 45.00 X 195879 0 49322 ROSITA FERNANDEZ-ROJO 40.00 X 186324 0 28562 BARBARA SHEA 45.00 X 166571 0 13037 MEREDITH DECHABERT 45.00 X 151569 0 17376 WENDY HAFT 45.00 X 151670 0 42972 VIRGINIA B ROWEN 40.00 X 159054 0 12323 1467739 0 374749 35 0 1 1 FLIK INTERNATIONAL CORP PO BOX 91337 CHICAGO IL 60693 FOOD MANAGEMENT CO 824903 ARMOR TITE CONSTRUCTION CORP 15 E PUTNAM AVENUE GREENWICH CT 06830 CONSTRUCTION 416896 CAREY & WALSH INC 529 NO STATE ROAD BRIARCLIFF MANOR NY 10510 CONSTRUCTION 404628 UAP INC 400 ROUTE 22 BREWSTER NY 10509 CONSTRUCTION 124992 FULLCITY CONSULTING 7472 SO BRAODWAY RED HOOK NY 10571 CONSULTING DATABASE 116288 6 276708 374564 3525794 161050 4177066 TUITION 611600 28307775 28307775 ANCILLARY PROGRAMS 611600 2879997 2879997 EDUCATION AND GENERAL 611600 168829 168829 31356601 847138 847138 80357 24986 55371 55371 55371 18852668 18643386 209282 209282 209282 305599 276708 219066 86533 86533 MISCELLANEOUS 900099 12775 12775 12775 36744766 31356601 0 1211099 4049235 4049235 1171580 1126422 45158 16398222 14489401 1596999 311822 875234 730848 128109 16277 2426510 2154936 243685 27889 1205202 1047274 136581 21347 51229 51229 55200 55200 9734 9734 140451 140451 427699 247078 145422 35199 15407 1925 13469 13 1294899 849659 199828 245412 231644 204122 16961 10561 1921215 1610342 297641 13232 1147359 1117682 28800 877 159411 87757 20765 50889 2016025 1877636 135912 2477 160217 136152 24065 FOOD 783320 711542 35162 36616 STAFF RECRUITMENT 54914 54914 TESTS 54520 54520 19077 8053 10173 851 34668304 29378162 4461788 828354 6341820 7678181 7562615 4129436 299819 131661 367331 443360 17150 18685 552078 494467 244138 406697 80571379 27443347 53523471 53128032 25338979 28919420 5895960 9241350 100143361 104591289 2269098 2391435 9891915 10032150 751807 989251 12912820 13412836 X 65945216 67940383 6194833 7429717 15090492 15808353 87230541 91178453 100143361 104591289 X 2076462 1871450 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28181627 2915743 2760704 1019193 32838881 26208216 2517881 500042 1044512 28181627 22326135 467754 4327457 223795 689334 26208217 19816666 952710 2389794 833035 22326135 23925223 449736 -3751419 806874 19816666 0.36000 0.48000 0.16000 0 0 9524930 9524930 57282689 18422095 38860594 5639063 2223432 3415631 7773440 6797820 975620 351257 351257 53128032 ASSETS IN CHARITABLE REMAINDER TRUSTS 380219 F MUTUAL FUNDS - INTERNATIONAL EQUITIES 8861131 F 9241350 DEFERRED COMPENSATION 989251 989251 X 34451516 1871450 24986 1896436 32555080 140451 4049235 4189686 36744766 30503604 24986 24986 30478618 140451 4049235 4189686 34668304 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INCOME FROM THE FOLLOWING ENDOWMENT BALANCES ARE EXPENDABLE TO SUPPORT THE FOLLOWING: ACTION PROGRAM- 448,751; FACULTY SUPPORT- 4,942,144; SCHOOL PROGRAMS- 4,768,986; SCHOLARSHIP- 5,648,472. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2010 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 24,986. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,049,235. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 24,986. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,049,235. 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 A NOTICE OF OUR POLICY ON NON-DISCRIMINATION IS ANNUALLY PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION WITHIN OUR GEOGRAPHIC REGION. IN ADDITION THE POLICY IS PRINTED IN OUR EDUCATIONAL MATERIALS AND OUR WEBSITE EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES NEW YORK STATE AID MONIES FOR ATTENDANCE TAKING. FALL BOOKFAIR 117042 1790 115252 5423 SPRING BENEFIT 365190 274918 90272 40344 47365 23295 19968 3 100075 100075 82671 582307 276708 305599 40344 52788 23295 102639 219066 86533 1 SCHOLARSHIPS FOR STUDENTS 129 4049235 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FAMILIES WHO ARE IN NEED OF FINANCIAL AID ARE REQUIRED TO SUBMIT A FINANCIAL AID APPLICATION EVERY YEAR. THE APPLICATION CONSISTS OF COPIES OF THE PARENT(S)'S MOST RECENT FEDERAL TAX RETURN AND W-2, A FAMILY LETTER WHICH PROVIDES A BRIEF DESCRIPTION OF THE FAMILY'S FINANCIAL CIRCUMSTANCE AND A SIGNED 4506-T. ASIDE FROM THESE DOCUMENTS, FAMILIES ARE REQUIRED TO SUBMIT A COMPLETED PARENTS FINANCIAL STATEMENT (PFS) TO SCHOOL AND STUDENT SERVICES (SSS). SSS PROCESSES THE FAMILY'S PFS AND PROVIDES RYE COUNTRY DAY SCHOOL AID RECOMMENDATION. RYE COUNTRY DAY SCHOOL GRANTS AID TO FAMILIES BASED ON SSS ASSESSMENT AS WELL AS ON THE ADDITIONAL INFORMATION PROVIDED IN THE APPLICATION. X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 SCOTT A NELSON 439134 0 0 0 17538 0 194195 0 16962 0 667829 0 0 0 ROBERT Z BRODY 195691 0 0 0 188 0 16298 0 33024 0 245201 0 0 0 ROSITA FERNANDEZ-ROJO 185786 0 0 0 538 0 9726 0 18836 0 214886 0 0 0 BARBARA SHEA 165850 0 0 0 721 0 12645 0 392 0 179608 0 0 0 MEREDITH DECHABERT 151492 0 0 0 77 0 7538 0 9838 0 168945 0 0 0 WENDY HAFT 151560 0 0 0 110 0 10283 0 32689 0 194642 0 0 0 VIRGINIA B ROWEN 156975 0 0 0 2079 0 12000 0 323 0 171377 0 0 0 PART I, LINE 4B PART I, LINE 4B: SCOTT A. NELSON PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN WHICH HE WAS NOT FULLY VESTED FOR $175,000. SUPPLEMENTAL INFORMATION PART III HOUSING IS PROVIDED FOR SCOTT A. NELSON, HEADMASTER AND ROSITA FERNANDEZ-ROJA, DIRECTOR OF COLLEGE COUNSELING. HOUSING IS PROVIDED ON CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF EMPLOYER PURSUANT TO CONTRACTUAL PROVISIONS AND IS NONTAXABLE PURSUANT TO IRC SECTON 119. CLEANING SERVICES RELATING TO PERSONAL USE HAVE BEEN TAXED AND CLEANING SERVICES RELATING TO SCHOOL EVENTS ARE NONTAXABLE PURSUANT TO IRC SECTON 119. ROBERT BRODY OFFICER PERSONAL X 5000 1458 0 0 1 ROSITA FERNANDEZ-ROJO HIGHEST COMPENSATED EMPLOYEE HOUSING X 25000 10560 0 0 1 ROSITA FERNANDEZ-ROJO HIGHEST COMPENSATED EMPLOYEE PERSONAL X 5000 3750 0 0 1 MEREDITH DECHABERT HIGHEST COMPENSATED EMPLOYEE PERSONAL X 5000 2917 0 0 1 18685 SUSAN NELSON FAMILY MEMBER OF SCHOOL HEADMASTER 105046 EMPLOYMENT 0 X 629 COST X 17 81436 SELLING PRICE X METS TICKETS 60 10000 COST X PIANO 1 25000 COST 0 0 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS THIRD PARTY USE: PART I, LINE 32B: THE SECURITY BROKER SELLS THE SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 CYNTHIA MCCLINTOCK AND PETER CROWLEY- FAMILY RELATIONSHIP SCOTT NELSON AND SUSAN NELSON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL IS A MEMBERSHIP CORPORATION WHEREBY EACH PARENT OF A STUDENT HAS A VOTE. FORM 990, PART VI, SECTION A, LINE 7A EACH PARENT OF A STUDENT HAS A VOTE THAT CAN BE UTILIZED TO VOTE EITHER FOR OR AGAINST THE SLATE OF PROPOSED TRUSTEES IN A PROXY STATEMENT. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS THE FORM 990 AND THEN REPORTS TO THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES ELECTRONICALLY BEFORE THE RETURN IS FILED WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE SHALL DISCLOSE TO THE PRESIDENT IF HE OR SHE IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE SCHOOL. NO MEMBER OF THE BOARD WHO IS A VENDOR OF GOODS OR SERVICES TO THE SCHOOL OR IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE SCHOOL SHALL VOTE ON, OR PARTICIPATE ON BEHALF OF THE SCHOOL IN THE ADMINISTRATION OF, ANY CONTRACT WITH SUCH VENDOR. SUCH MEMBER SHALL LEAVE ANY MEETING OF THE BOARD DURING THE TIME THE BOARD (OR ANY COMMITTEE THEREOF) IS DISCUSSING ANY ARRANGEMENT WITH SUCH A VENDOR. BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES SHALL ANNUALLY REAFFIRM THEIR AGREEMENT TO COMPLY WITH THE POLICY AND SHALL AT THAT TIME ADVISE THE PRESIDENT OF ANY AFFILIATION WITH ANY EXISTING OR PROPOSED VENDOR OF GOODS OR SERVICES IF SUCH AFFILIATION HAS NOT PREVIOUSLY BEEN DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15A AN EXECUTIVE COMPENSATION CONSULTANT IS HIRED ANNUALLY TO COMPARE THE HEADMASTER'S SALARY TO OTHER COMPARABLE SCHOOLS AND THEN SHARES THE DATA WITH THE COMPENSATION COMMITTEE. THE LAST PROCESS WAS DONE IN 2012. 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. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 5 NET UNREALIZED GAINS ON INVESTMENTS: 2,080,732