2014-05-14T12:51:01-05:00 2013-06-30 541673769 MITCHELL & CO PC 110 EAST MARKET ST 200 LEESBURG VA 20176 990 2012-07-01 540662863 LOUDOUN COUNTRY DAY SCHOOL INC LOUD 7037773841 20600 RED CEDAR DRIVE LEESBURG VA 20175 E RANDALL HOLLISTER PHD 7037773841 2014-05-13 1 JEFFREY D MITCHELL P00461359 7037774900 2012 2015-11-30 17:44:51Z E RANDALL HOLLISTER PHD 20600 RED CEDAR DRIVE LEESBURG VA 20175 6573555 0 X WWW.LCDS.ORG/ X 1959 VA TO NURTURE EACH STUDENT INTELLECTUALLY, ARTISTICALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY. 14 14 111 0 0 0 493102 380439 5444563 5936508 24993 57588 120986 88256 6083644 6462791 0 0 0 0 3689127 3922288 0 0 238689 2962913 3094151 6652040 7016439 -568396 -553648 37013964 36555705 21259017 21321012 15754947 15234693 TO FOSTER THE INTELLECTUAL, EMOTIONAL, AND PHYSICAL GROWTH OF ITS CHILDREN IN A NURTURING ENVIRONMENT WHERE EACH CHILD IS RECOGNIZED AND VALUED. 0 0 5613587 5936508 THE TOTAL EDUCATIONAL PROGRAM AND EXPERIENCE DEVELOPS EACH STUDENT'S INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND PHYSICAL CAPACITIES. THE TOTAL EXPERIENCE PROMOTES INDEPENDENCE, RESPONSIBILITY, A GOOD WORK ETHIC, TEAMWORK, LEADERSHIP, SPORTSMANSHIP, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. PROGRAMS THAT OCCUR BEYOND THE REGULAR SCHOOL DAY HOURS OFFER OPPORTUNITIES FOR ENRICHMENT IN ACADEMICS, THE ARTS, AND PHYSICAL EDUCATION, AS WELL AS A SAFE ENVIRONMENT FOR CHILDREN TO BE CARED FOR UNTIL PICKED UP BY THEIR PARENTS. 5613587 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 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 111 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X KIMBERLY A MARTINO CPA LOUDOUN COUNTRY DAY SCHOOL 7037773841 20600 RED CEDAR DRIVE LEESBURG VA 20175 X MARK A ROSSI JR 1.00 X X 0 0 0 DR JILL MCCABE 1.00 X X 0 0 0 JAMES R MCDERMOTT 1.00 X X 0 0 0 ANTONIO CALABRESE 1.00 X X 0 0 0 CHRISTOPHER CONNOLLY 1.00 X 0 0 0 MELANIE HERMAN 1.00 X 0 0 0 CHRISTOPHER ETESSE 1.00 X 0 0 0 JON FINKELSTEIN 1.00 X 0 0 0 BRIGID HERRICK 1.00 X 0 0 0 TRUDY NIGHTINGALE 1.00 X 0 0 0 MASON BROWN 1.00 X 0 0 0 LARRY PARKS 1.00 X 0 0 0 JOANNE THEURICH 1.00 X 0 0 0 CINDY WILBERDING 1.00 X 0 0 0 E RANDALL HOLLISTER PHD 60.00 X 311319 0 38383 TIMOTHY BEAUCHEMIN 40.00 X 101393 0 11014 412712 0 49397 2 0 1 0 0 380439 380439 TUITION 611710 5301007 5301007 BLDG USE, ETC 611710 554578 554578 TRANSPORTATION FEE 480000 80923 80923 5936508 57588 57588 225383 110764 114619 114619 MISCELLANEOUS 900099 21887 21887 EXPIRED INCENTIVE PLED 900099 -48250 -48250 -26363 6462791 5936508 0 145844 332730 157755 98446 76529 2878531 2389181 431779 57571 116955 43552 64767 8636 350859 326392 21588 2879 243213 169810 64767 8636 990211 990211 705158 458353 246805 INSTRUCTIONAL 530663 530663 OPERATIONS 491451 491451 GENERAL & ADMIN 320449 236011 84438 FINANCING COSTS 31296 31296 24923 24923 7016439 5613587 1164163 238689 72087 198726 4083251 5221252 1266150 163078 67272 106705 16605 6973 33924313 3802879 30838673 30121434 665819 690595 4107 46942 37013964 36555705 101882 94107 19585000 19585000 1572135 1641905 21259017 21321012 X 13626962 14233492 1464426 280094 663559 721107 15754947 15234693 37013964 36555705 -553648 33394 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 663559 1500 56118 70 721107 597303 26075 40231 -50 663559 528338 6845 62170 -50 597303 481139 4339 42860 528338 515866 5550 -40226 51 481139 1.00000 0 0 1078285 1078285 29997886 2208174 27789712 1728895 1459280 269615 1119247 135425 983822 30121434 ENROLLMENT DEPOSITS AND TUITION 1640810 ACCRUED INTEREST EXPENSE 1095 1641905 X 6496185 33394 33394 6462791 0 6462791 7016439 0 7016439 0 7016439 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: READING CHAIR - $127,500 DIVERSITY SCHOLARSHIP - $308,856 OTHER ENDOWMENTS - $284,751 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX PROVISIONS THAT WOULD REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 AUCTION 207276 207276 98490 FALL FUN FAIR 7898 7898 5611 4 10209 10209 6663 225383 225383 110764 110764 114619 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 E RANDALL HOLLISTER PHD 289319 0 0 0 22000 0 11250 0 27133 0 349702 0 0 0 A IDA OF LOUDOUN COUNTY VA 521310230 2008-03-26 29700000 TO BUILD NEW SCHOOL AT RED CEDAR 0 0 0 A 10115000 29700000 1431391 600306 26719276 2010 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 PNC BANK 30.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES AFTER IT IS REVIEWED BY THE FINANCE COMMITTEE, AND BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS DISCUSSED DURING THE BOARD ORIENTATION SESSION, AND AT A MINIMUM OF ONE BOARD MEETING EACH YEAR. TRUSTEES ARE ENCOURAGED TO REPORT POTENTIAL OR ACTUAL CONFLICTS WITHOUT DELAY. EACH TRUSTEE IS REQUIRED TO COMPLETE AND SUBMIT ANNUALLY A RELATED PARTY QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION TASK FORCE REVIEWS COMPENSATION FOR COMPARABLE POSITIONS AMOUNG PEER SCHOOLS, AND SHARES THAT INFORMATION WITH THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONVENES TO REVIEW THE DATA AND RECOMMEND COMPENSATION FOR THE HEADMASTER. THE FULL BOARD OF TRUSTEES VOTES ON THE HEADMASTER'S COMPENSATION. THE HEADMASTER REVIEWS SALARY STUDIES FOR COMPARABLE POSITIONS IN INDEPENDENT SCHOOLS IN SETTING COMPENSATION LEVELS FOR LCDS STAFF AND FACULTY. FORM 990, PART VI, SECTION C, LINE 19 LOUDOUN COUNTRY DAY SCHOOL MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. HEADMASTER'S COMPENSATION FORM 990, PART VII, SECTION A, PART 1A & SCHEDULE J, PART II, COLUMN (E) HEADMASTER'S TOTAL COMPENSATION COMPRISES THE FOLLOWING COMPONENTS TO PROVIDE A COMPENSATION PACKAGE WHICH RECOGNIZES THE SCHOOL'S SUSTAINED SUCCESS AND THE HEADMASTER'S CONTRIBUTIONS TO ITS SUCCESS. THE KEY COMPONENTS INCLUDE BASE SALARY ($225,000), HOUSING ALLOWANCE ($30,000), HIGH SCHOOL TUITION REIMBURSEMENT AND TAX GROSS-UP ($54,496), NONTAXABLE BENEFITS ($27,133) AND RETIREMENT CONTRIBUTION ($11,250). THE HEADMASTER HAS DECLINED TO ACCEPT ANNUAL COST OF LIVING INCREASES TO HIS BASE SALARY SINCE 2008; ALMOST ALL INCREASES IN THE HEADMASTER'S COMPENSATION SINCE 2008 ARE DUE TO TUITION REIMBURSEMENT, WHICH BEGAN WHEN THE HEADMASTER'S CHILDREN ENTERED HIGH SCHOOL AND WILL CONTINUE UNTIL THEY GRADUATE FROM HIGH SCHOOL, AT WHICH TIME SUCH PAYMENTS WILL END. AUDIT OVERSIGHT PART XI LINE 2C THE BOARD OF TRUSTEES APPOINTS THE AUDITOR AND MEETS ANNUALLY WITH THE AUDITOR TO REVIEW THE AUDIT RESULTS AND FINANCIAL REPORT.