2014-04-01T07:37:08-05:00 2013-06-30 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2012-07-01 610563291 LEXINGTON SCHOOL INC LEXI 8592780501 1050 LANE ALLEN ROAD LEXINGTON KY 40504 ROBERT K THOMPSON 8592780501 2014-02-21 1 KRING RAY FARLEY RIDDLE PSC P00067109 8592310541 2012 2015-11-30 17:44:51Z ROBERT K THOMPSON 1050 LANE ALLEN ROAD LEXINGTON KY 40504 14219867 0 X WWW.THELEXINGTONSCHOOL.ORG X 1959 KY EDUCATION 24 24 207 0 0 0 1299242 2003476 10008158 10746810 723583 787420 265654 214691 12296637 13752397 1614046 1780140 0 0 6445370 6970300 0 0 123139 3631765 4182564 11691181 12933004 605456 819393 41221875 45885940 10656740 10442149 30565135 35443791 PROVIDE AN EDUCATION OF THE HIGHEST QUALITY TO STUDENTS IN PRESCHOOL THROUGH MIDDLE SCHOOL. IN A STRUCTURED, NURTURING ENVIRONMENT, THE LEXINGTON SCHOOL SEEKS TO INSTILL INTEGRITY, A LIFE-LONG ENTHUSIASM FOR LEARNING, AND A STRONG WORK ETHIC. 0 0 9764461 1780140 10988067 EDUCATIONAL ACTIVITIES - 553 STUDENTS ENROLLED 9764461 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 59 0 207 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X ROBERT THOMPSON 8592780501 1050 LANE ALLEN ROAD LEXINGTON KY 40504 MARGARET GRAVES 5.00 X X 0 0 0 ROGER BEAN 5.00 X 0 0 0 CHRIS YOUNG 3.00 X 0 0 0 WOODFORD WEBB 3.00 X 0 0 0 CRAIG BANDOROFF 3.00 X 0 0 0 ANTHANY BEATTY 5.00 X 0 0 0 ANGELA BECK 5.00 X X 0 0 0 SUSAN O'BRIEN 5.00 X X 0 0 0 PATRICK MADDEN 3.00 X 0 0 0 MOLLY STRASSNER 0.50 X 0 0 0 JOHN TALBOTT 3.00 X 0 0 0 JOSEPHINE E ABERCROMBIE 0.50 X 0 0 0 MRS JOHN A BELL III 0.50 X 0 0 0 ROBERT M BREWER 0.50 X 0 0 0 JAMES G KENAN 0.50 X 0 0 0 BETTY KENAN 0.50 X 0 0 0 WILLIAM YOUNG 0.50 X 0 0 0 BARBARA YOUNG 0.50 X 0 0 0 BRUCE M BELIN 3.00 X 0 0 0 ROBERT L BRATTON 3.00 X 0 0 0 BRUTUS CLAY IV 3.00 X 0 0 0 MARNIE HOLOUBEK 3.00 X 0 0 0 THOMAS W MILLER 5.00 X X 0 0 0 MELANIE SIMPSON 3.00 X 0 0 0 TRACIE STURGILL 3.00 X 0 0 0 NANCY GRIMES 0.50 X 0 0 0 CHRIS BOWLING 3.00 X 0 0 0 LUCY BARROW CALHOUN 3.00 X 0 0 0 SHAZIA IQBAL 3.00 X 0 0 0 ANGIE THOMAS 3.00 X 0 0 0 TOI MORTON 3.00 X 0 0 0 ANNE DE CASTRO 3.00 X 0 0 0 QUISHA RAY 3.00 X 0 0 0 CHUCK BALDECCI 40.00 X 315059 0 111867 UNA MCCARTHY 40.00 X 142985 0 37921 ROBERT K THOMPSON 40.00 X 138597 0 20492 596641 0 170280 3 0 1 0 FRANTZ INC 852 FLOYD DR LEXINGTON KY 40505 HVAC SERVICES 223108 RALPH V MARTINO 842 E HIGH STREET LEXINGTON KY 40502 SERVICES AND GOODS 102454 2 1025 2002451 5585 2003476 TUITION AND FEES 611600 9986053 9986053 EDUCATIONAL PROGRAMS 611710 534463 534463 STUDENT ACTIVITIES 611710 226294 226294 10746810 580145 580145 593840 386565 207275 207275 207275 261614 1025 80905 180709 180709 MISCELLANEOUS 611600 33982 33982 33982 13752397 10988067 0 760854 1780140 1780140 596644 142985 453659 4983086 3762936 1220150 315150 222310 92840 683179 451168 232011 392241 285435 106806 14030 14030 31800 31800 8473 8473 22483 22483 182705 44682 14884 123139 234993 100298 134695 432226 432226 7618 7618 145744 126650 19094 301386 301386 819717 819717 113968 113968 STUDENT ACTIVITIES 994899 994899 LUNCH ROOM EXPENSE 269536 269536 UTILITIES 238447 238447 BAD DEBTS 119397 119397 245142 93032 152110 12933004 9764461 3045404 123139 16296 4624 3694262 3780876 3300778 3420610 169055 121705 14237 9157 316180 317856 22217183 9213995 13305599 13003188 20402468 25224924 3000 3000 41221875 45885940 1037495 1078720 1072175 1032286 6564311 6088230 1800000 2100000 182759 142913 10656740 10442149 X 13892829 17631366 1865903 2935117 14806403 14877308 30565135 35443791 41221875 45885940 819393 4059263 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20402468 812222 4834336 824102 25224924 18079765 1323772 1709876 710945 20402468 14386873 1342446 3457224 -1106778 18079765 11455535 1996210 1513996 -578868 14386873 14184607 3278029 -1950911 -4056190 11455535 0.38400 0.50860 0.10740 1 0 2163760 2163760 16076029 6299064 9776965 3977394 2914931 1062463 13003188 OBLIGATION UNDER CAPITAL LEASE 142913 142913 17892565 4059263 80905 4140168 13752397 0 13752397 13013909 80905 80905 12933004 0 12933004 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART V, LINE 4: EARNINGS FROM ENDOWMENT FUNDS ARE USED TO OFFSET COSTS OF EDUCATIONAL PROGRAMS PART XII, LINE 2D AND PART XIII, LINE 2D: GENERAL FUNDRAISING EXPENSES NOT APPLICABLE TO SPECIAL EVENTS 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 POLICY INCLUDED AS INTEGRAL PART OF ALL PROMOTIONAL BROCHURES AND ADVERTISING RELATING TO ADMISSIONS IN LOCAL MEDIA CELEBRATION 261614 261614 80905 261614 261614 80905 80905 180709 1 FINANCIAL AID FOR TUITION 158 1780140 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOOL MAKES FUNDS AVAILABLE ON AN ANNUAL BASIS TO ASSIST PARENTS WHO DEMONSTRATE NEED IN MEETING THE COST OF AN INDEPENDENT SCHOOL EDUCATION. AFTER FILING AN ADMISSION APPLICATION WITH THE SCHOOL, FAMILIES MAY REQUEST A FINANCIAL AID APPLICATION WHICH REQUIRES THEM TO PROVIDE FINANCIAL INFORMATION TO BE CONSIDERED IN AWARDING AID. THE APPLICATION FOR FINANCIAL AID IS MAILED TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID FOR PROCESSING. THE SERVICE EVALUATES THE DATA PROVIDED AND FURNISHES THE SCHOOL WITH AN ESTIMATE OF ACTUAL NEED. THE SCHOOL USES THIS ESTIMATE IN DETERMINING THE AMOUNT OF AID TO BE PROVIDED. FINANCIAL AID IS AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, NATIONAL OR ETHNIC ORIGIN. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 CHUCK BALDECCI 292915 0 0 0 22144 0 35700 0 76167 0 426926 0 0 0 UNA MCCARTHY 142805 0 0 0 180 0 0 0 37921 0 180906 0 0 0 ROBERT K THOMPSON 137805 0 0 0 792 0 0 0 20492 0 159089 0 0 0 PART I, LINE 1A TRAVEL AND EXPENSES FOR SPOUSE OF HEADMASTER TO ATTEND NATIONAL EDUCATION CONFERENCE IS PAID BY THE SCHOOL. CONFERENCE ORGANIZERS ENCOURAGE ATTENDANCE BY SPOUSES AND INCLUDE SPECIFIC ACTIVITIES FOR THEM DURING REGULAR SESSIONS. ADDITIONAL COSTS FOR SPOUSE TO ATTEND ARE INCLUDED AS TAXABLE COMPENSATION TO THE HEADMASTER. SMALL DISCRETIONARY SPENDING ACCOUNT FOR HEADMASTER IS INCLUDED AS PART OF ANNUAL BUDGET OF SCHOOL AND APPROVED BY THE BOARD OF TRUSTEES. ACCOUNT IS TO BE USED FOR EDUCATION RELATED EXPENSES. PART I, LINE 4B CHUCK BALDECCI, $35,700 A LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT 610858140 2004-03-25 10000000 CONSTRUCTION AND RENOVATION OF FACILITIES 0 0 0 A 3911770 10000000 2005 0 0 1 1 A 0 0 0 0 0 0 1 A 1 0 0 0 0 1 BOARD MEMBER BOARD MEMBER 12820 FINANCIAL AID OFFICERS AND KEY EMPLOYEES OFFICERS AND KEY EMPLOYEES 71230 TUITION REMISSION THOMAS W MILLER OFFICER AND BOARD MEMBER 2070 LEGAL SERVICES 0 X 6 47120 FMV--HIGH/LOW METHOD X EZGO GOLF CART 1 2850 FMV X ALUMINUM TRAILER 1 900 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE TWO SEPARATE COUPLES WHO ARE TRUSTEES EMERITUS AND CURRENT BOARD MEMBER IS THE SON OF ONE OF THESE COUPLES FORM 990, PART VI, SECTION A, LINE 7A BOARD OF TRUSTEES HAS A NOMINATING COMMITTEE WHICH INTERVIEWS THOSE INTERESTED IN JOINING THE BOARD. NOMINATING COMMITTEE RECOMMENDS NEW MEMBERS TO THE BOARD OF TRUSTEES FOR VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH REVIEWING THE FORM 990 EXTENSIVELY. ONCE APPROVED BY THE FINANCE COMMITTEE, FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO THE FILING. SHOULD THE FINANCE COMMITTEE AND/OR BOARD OF TRUSTEES NOT BE ABLE TO CONVENE A MEETING PRIOR TO THE FILING DEADLINE, THE EXECUTIVE COMMITTEE IS AUTHORIZED TO REVIEW THE FORM 990 AND APPROVE FOR FILING. THE FINANCE COMMITTEE WILL PERFORM IS REVIEW AT THEIR NEXT REGULARLY SCHEDULED MEETING AND THEN PRESENT FORM 990 TO THE BOARD OF TRUSTEES AT THEIR NEXT REGULARLY SCHEDULED MEETING. SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS NOT AVAILABLE FOR REVIEW BEYOND THE EXECUTIVE COMMITTEE LEVEL. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN WRITTEN DISCLOSURE STATEMENT CONCERNING ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. DIRECTORS ARE REQUIRED TO NOTIFY TRUSTEES IF CIRCUMSTANCES CHANGE DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE REVIEWS PROPOSED CONTRACTS FOR HEAD OF SCHOOL INCLUDING COMPARING CONTRACT TERMS WITH OTHER COMPENSATION ARRANGEMENTS FOR SIMILAR POSITIONS IN OTHER INDEPENDENT SCHOOLS IN THE AREA. COMMITTEE PROPOSES CONTRACT TERMS TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY IS TO MAKE APPLICATION FOR TAX EXEMPTION AS WELL AS FORM 990 AVAILABLE FOR PUBLIC INSPECTION IN THE SCHOOL'S BUSINESS OFFICE DURING REGULAR HOURS OF OPERATION. DOCUMENTS ARE PROVIDED FOR REVIEW UPON WRITTEN REQUEST. FORM 990, SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS NOT AVAILABLE FOR REVIEW BEYOND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. REVIEW AND APPROVAL OF AUDITED FINANCIAL STATEMENTS FORM 990, PART XI, LINE 2C THE PROCESS OF REVIEWING AND APPROVING AUDITED FINANCIAL STATEMENTS BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES HAS NOT CHANGED FROM PRIOR YEARS.