2013-04-05T16:23:47-05:00 2012-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 214016751 990 2011-07-01 520853724 THE CALVERT COUNTY DAY SCHOOL INC TA T/A THE CALVERTON SCHOOL CALV 4105350216 300 CALVERTON SCHOOL ROAD HUNTINGTOWN MD 20639 WANDA KING 4105350216 2013-03-27 1 MARY K STONE CPA P00440644 4102244920 2011 2016-02-25 16:41:14Z WANDA KING 300 CALVERTON SCHOOL ROAD HUNTINGTOWN MD 20639 7792909 0 X WWW.CALVERTONSCHOOL.ORG X 1967 MD FOSTERING A CULTURE OF RESPECT, HIGH EXPECTATIONS, AND SHARED EXPERIENCES, THE CALVERTON SCHOOL INSTILLS IN STUDENTS INTELLECTUAL CURIOSITY, PERSONAL RESPONSIBILITY, AND A STRONG WORK ETHIC TO PREPARE THEM FOR HIGHER EDUCATION AND RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC AND GLOBAL COMMUNITY. VISION STATEMENT: TO BE A RECOGNIZED LEADER IN DEVELOPING WELL ROUNDED GLOBAL MINDED STUDENTS WHO POSSESS THE SKILLS NECESSARY TO THRIVE IN HIGHER EDUCATION, OUR COMMUNITY, AND LIFE. 17 17 161 138 0 0 552188 206443 7399524 7332993 81057 65680 194877 151123 8227646 7756239 1454837 1326683 0 0 4400427 4274966 0 0 198017 2489776 2727693 8345040 8329342 -117394 -573103 16758791 15956631 6576855 6614303 10181936 9342328 FOSTERING A CULTURE OF RESPECT, HIGH EXPECTATIONS, AND SHARED EXPERIENCES, THE CALVERTON SCHOOL INSTILLS IN STUDENTS INTELECTUAL CURIOSITY, PERSONAL RESPONSIBILITY, AND A STRONG WORK ETHIC TO PREPARE THEM FOR HIGHER EDUCATION AND RESPONSIBLE CITIZENSHIP. 0 0 6962681 7397602 CO-EDUCATIONAL COLLEGE PREPARATORY DAY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. 6962681 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 85 0 1 161 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4105350216 300 CALVERTON SCHOOL ROAD HUNTINGTOWN MD 20639 PETER BRANCH 2.00 X 0 0 0 VICTOR CORNELLIER 2.00 X X 0 0 0 MARK FISHER 2.00 X 0 0 0 DAVE HUETHER 2.00 X 0 0 0 WANDA KING 2.00 X X 0 0 0 BOB JENKENS 2.00 X 0 0 0 CLARE ROTHERA 2.00 X 0 0 0 TED STAPLES 2.00 X 0 0 0 FELECIA GREER 2.00 X 0 0 0 LEE ANN POTTER 2.00 X 0 0 0 STEVEN SMITH 2.00 X X 0 0 0 MICHELE SPAULDING 2.00 X X 0 0 0 CAROL WASHINGTON 2.00 X 0 0 0 KEN PHELPS 2.00 X X 0 0 0 KELLY SEELEY 2.00 X 0 0 0 STEPHANIE SMITH 2.00 X 0 0 0 DAN HILDEBRAND 40.00 X 167058 0 13155 JANICE BUNCH 40.00 X 78627 0 9018 WILLIAM SEYMOUR 40.00 X 112941 0 7984 358626 0 30157 2 0 1 0 0 2114 204329 5000 206443 TUITION AND FEES 611710 7332993 7332993 7332993 65680 65680 101532 2114 32709 68823 68823 21652 3961 17691 17691 MISCELLANEOUS 611710 64609 64609 64609 7756239 7397602 0 152194 1326683 1326683 267858 267858 3256844 2816737 341685 98422 102391 92310 6856 3225 400583 330015 59037 11531 247290 198871 41470 6949 12381 12381 24005 24005 159599 159599 260074 67895 167289 24890 63252 63252 422714 384881 37833 166896 166896 149307 149307 604040 562965 41075 47901 44644 3257 STUDENT ACTIVITIES 244504 244504 INTERNATIONAL PROGRAM 201899 201899 BAD DEBTS 171000 118000 53000 PROGRAM ACTIVITIES 167969 167969 32152 25853 6299 8329342 6962681 1168644 198017 1845 1845 1904179 1607876 166584 27760 141995 101343 11809 5569 27058 12843 17714461 6040904 12161212 11673557 1569727 1609566 774382 916272 16758791 15956631 493294 434016 1265644 1132293 4175000 4938973 88861 109021 554056 0 6576855 6614303 X 9190165 8417617 154201 114954 837570 809757 10181936 9342328 16758791 15956631 X -573103 -266505 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 1960312 220 42198 2002730 1647372 152840 160100 1960312 269764 1370951 1094 5563 1647372 274904 200 -5340 269764 0.88240 0.10560 0.01200 0 0 1313291 1313291 13151199 4237915 8913284 1599625 793871 805754 1640982 1009118 631864 9364 9364 11673557 BENEFICIAL INTEREST IN TRUSTS 598285 BOND ISSUANCE COSTS, NET OF AMORTIZATION 208966 CUSTODIAL FUND 109021 916272 7756239 8329342 -573103 -30561 -235944 -266505 -839608 6398995 -30561 -30561 6429556 1326683 1326683 7756239 7002659 0 7002659 1326683 1326683 8329342 PART IV, LINE 2B: THE SCHOOL HOLDS INVESTMENT FUNDS FOR THE HEAD OF SCHOOL'S 457B PLAN. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501 (C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE SCHOOL DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE SCHOOLS FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -235,944. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUTION ASSITANCE AND FINANCIAL AID PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUTION ASSITANCE AND FINANCIAL AID 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 PUBLISHED IN WASHINGTON POST AND BALTIMORE SUN ANNUALLY. AUCTION 103646 2114 101532 32709 103646 2114 101532 32709 32709 68823 21652 3961 1 1.00000 21652 3961 3961 17691 MD 0 0 0 0 1.00000 0 0 1 TUTITION ASSISTANCE AND FINANCIAL AID 227 1326683 FAIR MARKET VALUE TUITION ASSITANCE OR FINANCIAL AID GIVEN TO STUDENTS BASED ON NEED X X X X 0 0 0 0 0 0 0 0 0 DAN HILDEBRAND 134058 0 0 0 33000 0 8399 0 4756 0 180213 0 0 0 COUNTY COMMISSIONERS OF CALVERT COUNTY ECONOMIC DEVELOPMENT REVENUE SERIES 526002810 2012-01-27 4035714 TO REFUND 1999 BOND ISSUE 0 0 0 4035714 1 0 1 1 DEBBIE HILDEBRAND SPOUSE OF DIRECTOR OF SCHOOL DAN HILDEBRAND 38583 COMPENSATION FOR SERVICES 0 X COMPUTER SOFTWARE 1 5000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS RECEIVE A DRAFT VERSION OF THE FORM 990 THAT IS REVIEWED AND APPROVED BEFORE FINAL FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO REVIEW CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND SIGN AN ANNUAL DISCLOSURE STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS EVALUATION CONDUCTED BY AN OUTSIDE ENTITY AND REVIEWS COMPENSATION OF OFFICERS OF ORGANIZATIONS WITH COMPARABLE BUDGETS TO DETERMINE COMPENSATION FOR TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO PUBLIC INSPECTION UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE FOR PUBLIC INSPECTION ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AT BOARD MEETINGS. THE FINANCIAL STATEMENTS ARE DISTRIBUTED QUARTERLY AT BOARD MEETINGS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -30,561. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -235,944. TOTAL TO FORM 990, PART XI, LINE 5: -266,505. THERE HAS BEEN NO CHANGES IN THE REVIEW PROCESS DURING THE YEAR.