2014-12-01T09:52:19-06:00 2014-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2013-07-01 560952382 PROVIDENCE DAY SCHOOL INC PROV 7048876014 5800 SARDIS ROAD CHARLOTTE NC 28270 PAUL IBSEN ASST HEAD OF SCHOOL FIN & MGMT 7048876014 2014-11-21 1 PAULA P TILLEY P00051456 7043770239 2014-11-21 2013 2015-11-30 17:44:51Z GLYN COWLISHAW 5800 SARDIS ROAD CHARLOTTE NC 28270 43179127 0 X WWW.PROVIDENCEDAY.ORG X 1971 NC PROVIDENCE DAY SCHOOL EXISTS TO INSPIRE IN ITS STUDENTS A PASSION FOR LEARNING, A COMMITMENT TO PERSONAL INTEGRITY AND A SENSE OF SOCIAL RESPONSIBILITY. 19 19 584 785 0 0 1747018 6383680 30846927 35647123 242698 295549 34023 160415 32870666 42486767 0 2953467 0 0 23454665 24656822 0 0 1462339 8613291 9022598 32067956 36632887 802710 5853880 63122852 72790868 29641089 31296628 33481763 41494240 X PROVIDENCE DAY SCHOOL EXISTS TO INSPIRE IN ITS STUDENTS A PASSION FOR LEARNING, A COMMITMENT TO PERSONAL INTEGRITY AND A SENSE OF SOCIAL RESPONSIBILITY. PDS CENTERS ALL GOALS AND EFFORTS ON THE COMPREHENSIVE DEVELOPMENT OF THE STUDENT. THE SCHOOL PROVIDES A STRONG COLLEGE PREPARATORY EDUCATION AND GUIDES GROWTH THROUGH AN APPRECIATION FOR AESTHETIC, CULTURAL, AND MORAL VALUES. THE SCHOOL CREATES AN ENVIRONMENT THAT ENCOURAGES THE IMPORTANCE OF EDUCATION AND THE VALUE OF APPROACHING LIFE WITH CONFIDENCE AND ENTHUSIASM. PARENT INVOLVEMENT AND SUPPORT OF THE EFFORTS OF THE SCHOOL ARE ESSENTIAL TO EACH STUDENT'S SUCCESS. IN ADDITION, THE SCHOOL RELIES ON THE LARGER PDS FAMILY, INCLUDING TRUSTEES, PARENTS, PARENTS OF ALUMNI, STUDENTS, ALUMNI, AND FRIENDS OF THE SCHOOL AS A POWERFUL TEAM TO ACHIEVE ITS GOALS. 0 0 24498311 2953467 33439096 TUITION AND FEES PROGRAMS - PROVIDENCE DAY SCHOOL IS AN INDEPENDENT TRANSITIONAL KINDERGARTEN (TK) THROUGH GRADE 12 COLLEGE PREPARATORY SCHOOL LOCATED IN SOUTHEAST CHARLOTTE ON A FORTY-FIVE ACRE CAMPUS. IN 2003, PROVIDENCE DAY WAS RECOGNIZED AS A BLUE RIBBON SCHOOL OF EXCELLENCE BY THE UNITED STATES DEPARTMENT OF EDUCATION. PROVIDENCE DAY SCHOOL EXISTS TO INSPIRE IN ITS STUDENTS A PASSION FOR LEARNING, A COMMITMENT TO PERSONAL INTEGRITY AND A SENSE OF SOCIAL RESPONSIBILITY. 935295 830684 SUMMER SCHOOL PROGRAM - SUMMER PROGRAMS ARE AVAILABLE TO ALL GRADES. PDS OFFERS A VARIETY OF COURSES IN ARTS, CRAFTS, ACTING, SPORTS, COOKING AND MUSIC. ADDITIONALLY, STUDENTS MAY ENROLL IN SUMMER ACADEMIC COURSES SUCH AS "BUILDING THE READING FOUNDATION THROUGH PHONICS" FOR LOWER SCHOOL STUDENTS TO EARNING SEMESTER CREDITS FOR UPPER SCHOOL STUDENTS (IN AREAS SUCH AS MATH AND ENGLISH). 1137714 817007 EXTENDED DAY PROGRAM - THE EXTENDED DAY PROGRAM HAS DEVELOPED INTO A PROGRAM DEEMED ONE OF THE TOP 10 IN THE NATION. THE PROGRAM CREATES AFTERNOONS THAT PROVIDE AN EXPERIENCE UNLIKE ANY OTHER. THE TEACHERS' RELATIONSHIP WITH STUDENTS PROVIDES A WONDERFUL FOUNDATION OF SECURITY AND ENCOURAGEMENT, AND THEIR ENTHUSIASM BUILDS ON MOTIVATING STUDENTS TO TRY SOMETHING NEW. EXTENDED DAY PROGRAM INCLUDES TEACHING PIANO, GUITAR, THEATER, KARATE, GYMNASTICS, ICE SKATING, DANCE, CHEERLEADING, CHESS, LACROSSE AND TENNIS. 377177 560336 377177 560336 26948497 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 107 0 1 584 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MR PAUL IBSEN 7048876014 5800 SARDIS ROAD CHARLOTTE NC 28270 ANDY FINK BOARD SECRETARY 5.00 X X 0 0 0 CLARK KINLIN TRUSTEE 5.00 X 0 0 0 DAVID RAVIN TRUSTEE 5.00 X 0 0 0 DR BENJAMIN E ROBINSON III BOARD VICE CHAIR 5.00 X X 0 0 0 DR KATHLEEN STEWART TRUSTEE 5.00 X 0 0 0 EDWARD HENEGAR TRUSTEE 5.00 X 0 0 0 G PATRICK PHILLIPS TRUSTEE 5.00 X 0 0 0 JAMES JACOBSON JR TRUSTEE 5.00 X 0 0 0 JEFFREY BROWN TRUSTEE 5.00 X 0 0 0 KRISTIN KRAL TRUSTEE 5.00 X 0 0 0 LAURA MEYER WELLMAN TRUSTEE 5.00 X 0 0 0 NANCY DOWNING TRUSTEE 5.00 X 0 0 0 ROBERT BTOTH BOARD CHAIR 5.00 X X 0 0 0 SCOTT GORELICK TRUSTEE 5.00 X 0 0 0 THOMAS DUNCAN TRUSTEE 5.00 X 0 0 0 WALTER BRIDGEMAN TRUSTEE 5.00 X 0 0 0 WALTER DAVIS BOARD TREASURER 5.00 X X 0 0 0 WILLIAM IVES TRUSTEE 5.00 X 0 0 0 WILLIAM LORENZ TRUSTEE 5.00 X 0 0 0 GLYN COWLISHAW HEAD OF SCHOOL 40.00 X 373589 0 54539 PAUL IBSEN ASST. HEAD OF SCHOOL FOR F 40.00 X 202137 0 20173 JEFF APPEL ASST. HEAD OF SCHOOL FOR I 40.00 X 189167 0 40704 ERIC HEDINGER DIRECTOR OF UPPER SCHOOL 40.00 X 101361 0 56984 KAY MONTROSS LOWER SCHOOL DIRECTOR 40.00 X 103263 0 13899 SAM CAUDILL DIRECTOR OF MIDDLE SCHOOL 40.00 X 128702 0 18157 TODD SWARTZ ASST. HEAD OF SCHOOL FOR STRATEGIC 40.00 X 129159 0 81094 BRUCE HARDIN HEAD FOOTBALL COACH 40.00 X 111182 0 5105 1338560 0 290655 8 0 1 0 XEROX PO BOX 802555 CHICAGO IL 60680 COPY CENTER 348056 FLIK 2400 YORKMONT ROAD CHARLOTTE NC 28217 DINING HALL AND CATERING SERVICES 215541 HARKER DOERRE LLC 2459 WILKINSON BLVD 210 CHARLOTTE NC 28208 CONSTRUCTION 191813 FIRST AMERICAN 1801 W OLYMPIC BLVD PASADENA CA 91199 IPAD RENTALS 116178 HERFF JONES 9525 MONROE ROAD 150 CHARLOTTE NC 28270 YEARBOOK PRINTING 112450 5 107335 6276345 512943 6383680 TUITION AND FEES 611600 33439096 33439096 SUMMER SCHOOL 611710 830684 830684 EXTENDED DAY PROGRAMS 611710 817007 817007 SCHOOL STORE 611710 279771 279771 TRANSPORTATION 611710 163003 163003 117562 117562 35647123 261599 261599 41971 0 41971 41971 41971 512943 37000 512943 3050 0 33950 33950 33950 294811 107335 176367 118444 118444 42486767 35647123 0 455964 2953467 2953467 968804 670394 260641 37769 17455226 12100287 4677173 677766 821892 567509 222186 32197 4096433 2828552 1107408 160473 1314467 907628 355346 51493 11019 7489 2205 1325 46301 31470 9266 5565 123245 83768 24665 14812 124773 84807 24970 14996 359443 244309 71934 43200 593983 403723 118872 71388 1179631 816284 317359 45988 757221 523983 203717 29521 1532324 1060341 412245 59738 108634 75173 29226 4235 STUDENT AUXILIARY ACTIV 1435064 1435064 TEXTBOOKS & SUPPLIES 924722 911825 12897 0 BAD DEBT EXPENSE 847822 576254 169672 101896 PROFESSIONAL DEVELOPMEN 412298 280234 82512 49552 566118 385936 119757 60425 36632887 26948497 8222051 1462339 8273106 12120705 4624728 4631106 929499 4811421 418518 175221 50263 62250 47740 39147 1041616 635528 57647562 22224364 35756032 35423198 11725332 14621330 256018 270962 63122852 72790868 1746803 2079310 12572660 14109790 15250000 14965000 71626 142528 29641089 31296628 X 29472315 33398731 1926945 5946973 2082503 2148536 33481763 41494240 63122852 72790868 5853880 2158597 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6486512 519099 1115153 -3901 8124665 5430507 383162 769238 96395 6486512 5497201 244201 104133 415028 5430507 4493450 238459 828457 63165 5497201 3865455 129086 498959 50 4493450 0.63000 0.26000 0.11000 0 0 4727734 4727734 40299827 13535530 26764297 4655566 3600385 1055181 7964435 5088449 2875986 35423198 ENDOWMENT FUNDS 8124665 F UNRESTRICTED FUNDS 6496665 F 14621330 AGENCY FUNDS 142528 142528 X 41657947 2158597 2158597 39499350 2987417 2987417 42486767 33645470 0 33645470 2987417 2987417 36632887 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE FOLLOWING: FINANCIAL AID FOR STUDENTS, TEACHER OF THE YEAR AWARDS, HUMANITIES AWARD, TEACHER PROFESSIONAL DEVELOPMENT, LEARNING SPECIALIST SALARY, RECRUITMENT EXPENSE FOR DIVERSE BACKGROUND APPLICANTS, AND SCHOLARSHIP FOR TUITION FOR PDS SENIOR STUDENT. PART X, LINE 2: THE ORGANIZATION RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2014, THE TAX YEARS ENDED JUNE 30, 2011 THROUGH 2013 WERE OPEN FOR POTENTIAL EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2014 AND 2013. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN/LOSS ON SALE OF ASSETS RECORDED AS EXPENSE ITEM FOR AUDIT REPORT 33,950. FINANCIAL AID 2,953,467. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN/LOSS ON SALE OF ASSETS RECORDED AS EXPENSE ITEM FOR AUDIT REPORT 33,950. FINANCIAL AID 2,953,467. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT IS PLACED IN SCHOOL CATALOGS AND BROCHURES. IN ADDITION AN ADVERTISEMENT HAS BEEN PLACED IN THE CHARLOTTE OBSERVER (THE LARGEST NEWSPAPER IN THE CHARLOTTE, NC AREA). PDS AUCTION 310260 79485 230775 10770 28914 29070 1900 20139 OCTOBERFEST 70874 22850 48024 1745 6950 11943 26222 10580 1 21012 5000 16012 28135 402146 107335 294811 12515 35864 41013 28122 58854 176368 118443 1 FINANCIAL AID 245 2953467 PART I, LINE 2: THE ORGANIZATION OFFERS GRANT ASSISTANCE TO QUALIFIED STUDENTS ON THE BASIS OF THE FINANCIAL NEED OF THE FAMILY AND THE AVAILABILITY OF FUNDS. ALL STUDENTS (TK-12TH GRADES) ARE ELIGIBLE TO APPLY FOR FINANCIAL AID. THE ORGANIZATION IS A MEMBER OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS), WHICH ASSISTS INDEPENDENT SCHOOLS IN DETERMINING FINANCIAL NEED. THE SSS USES THE PARENT'S FINANCIAL STATEMENT (PFS) TO COMPUTE A REPORT OF FAMILY COMPUTATION (RFC) FOR EACH FAMILY. THIS SYSTEM CONSIDERS GROSS TAXABLE INCOME AND NON-TAXABLE INCOME, ASSETS, LIABILITIES, FAMILY SIZE AND THE NUMBER OF STUDENTS IN TUITION CHARGING SCHOOLS OR COLLEGES. AFTER AN ALLOWANCE FOR BASIC LIVING EXPENSES AND TAXES, THE REMAINING FUNDS ARE CONSIDERED TO BE DISCRETIONARY INCOME, A PORTION OF WHICH IS AVAILABLE FOR EDUCATION. THE RFC IS USED AS A GUIDELINE IN MAKING FINANCIAL AID DECISIONS AND IS NOT BINDING ON PDS. THE FINANCIAL AID COMMITTEE WILL ALSO CONSIDER THE POTENTIAL FOR INCOME TO BE EARNED BY A NON-WORKING PARENT WHO DOES NOT HAVE INFANTS OR PRE-SCHOOL AGE CHILDREN AT HOME. BECAUSE FINANCIAL AID IS NEED-BASED, THE FINANCIAL AID COMMITTEE WILL NOT EXCEED THE FAMILY'S DEMONSTRATED NEED AS CALCULATED THROUGH A REVIEW OF THE RFC AND THE FAMILY'S IRS TAX INFORMATION. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 GLYN COWLISHAW HEAD OF SCHOOL 373589 0 0 0 0 0 30534 0 24005 0 428128 0 0 0 PAUL IBSEN ASST. HEAD OF SCHOOL FOR F 202137 0 0 0 0 0 12744 0 7429 0 222310 0 0 0 JEFF APPEL ASST. HEAD OF SCHOOL FOR I 189167 0 0 0 0 0 9291 0 31413 0 229871 0 0 0 ERIC HEDINGER DIRECTOR OF UPPER SCHOOL 101361 0 0 0 0 0 7772 0 49212 0 158345 0 0 0 TODD SWARTZ ASST. HEAD OF SCHOOL FOR STRATEGIC 129159 0 0 0 0 0 7681 0 73413 0 210253 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE: A HOUSING ALLOWANCE WAS PROVIDED TO GLYN COWLISHAW WHO IS THE HEAD OF SCHOOL OF PROVIDENCE DAY SCHOOL, INC. THE HOUSING ALLOWANCE WAS PROVIDED IN THE AMOUNT OF $15,000. HOUSE CLEANING SERVICE: A HOUSE CLEANING SERVICE WAS PROVIDED TO GLYN COWLISHAW WHO IS THE HEAD OF SCHOOL OF PROVIDENCE DAY SCHOOL, INC. THE HOUSE CLEANING SERVICE WAS PROVIDED IN THE AMOUNT OF $5,820. HEALTH OR SOCIAL CLUB DUES: COUNTRY CLUB DUES WERE PAID ON BEHALF OF GLYN COWLISHAW WHO IS THE HEAD OF SCHOOL OF PROVIDENCE DAY SCHOOL, INC. THE COUNTRY CLUB DUES PAID ON HIS BEHALF WERE IN THE AMOUNT OF $5,031. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA 860445981 721901JR8 2010-09-23 15471825 REFINANCE OF CURRENT BOND AND FUNDS FOR IMPROVEMENTS AND OPERATIONS 0 0 0 A 15471825 1021031 309437 3801357 10340000 2012 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 X 19 512943 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: THE ORGANIZATION USES MORGAN STANLEY WEALTH MANAGEMENT TO SELL STOCK DONATIONS THAT IT RECEIVES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO FILING. HOWEVER, THIS COPY DID NOT INCLUDE THE NAMES AND ADDRESSES OF CONTRIBUTORS ON SCHEDULE B. THE FORM 990 IS SIGNED BY ASSISTANT HEAD OF SCHOOL FOR FINANCE AND MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C PROVIDENCE DAY SCHOOL MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY. EACH TRUSTEE AND EMPLOYEE IS REQUIRED TO CERTIFY HIS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY EACH YEAR. THE COMPANY REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE DATA FROM 49 SCHOOLS THAT ARE SUBSTANTIALLY THE SAME (INDEX) IS USED IN DETERMINING COMPENSATION. THE BOARD USES COMPARABLE DATA FOR COMPENSATION FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL USES THE DATA FOR COMPENSATION OF MANAGEMENT AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.